Quin,
Thanks for the explanation.
The auto-withdrawal used to be free. The idea was if you wanted your BTC sooner you'd have to pay a fee, which is reasonable. The change was made when BTC spiked to $20K a few months ago and people started either buying or selling and that drove up transaction fees to outrageous levels. But now that the bubble has burst, the fees have gone way down, which is why I was asking if autowithdrawal could be free again. To me it doesn't matter as much as my first question which was about having the minimum at a level that takes months for an honest player to reach when it used to take a few weeks.
Meow
Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1303. (Read 565765 times)
March 29, 2018, 12:32:15 PM
March 29, 2018, 10:17:17 AM
The guys over at Freebitco.in have a good sense of humour --> http://prntscr.com/iy2zy7 {Was send to one of my referrals}
http://prntscr.com/iy31mv <--- 1,000 Satoshi bonus {When I started with this site, they paid that every hour}
Just nice to see that they have a automated incentive method to get people back, when they have not used it for a while.
Nice touch.
http://prntscr.com/iy31mv <--- 1,000 Satoshi bonus {When I started with this site, they paid that every hour}
Just nice to see that they have a automated incentive method to get people back, when they have not used it for a while.
Nice touch.
March 29, 2018, 09:54:29 AM
OK, understood about the reduction of award for the lowest prize. Hopefully it will be temporary.
I also have two other questions:
1) The 30,000 satoshi minimum to withdraw has been in place for a long time. That was the minimum when the value of the bitcoin was only in the hundreds of dollars. When I started on your site, it was in the $700s and the minimum prize was 275 satoshi, so with a little more than 100 rolls you could reach the minimum.
Now that the value of BTC is more than 10 times that, wouldn't it make sense to reduce the minimum to, say, 5000 satoshi to make it more reachable? (Of course this would have to happen after the problem of the hacking and bots is resolved).
2) Now that the recent bubble is over and transaction costs are much lower, are there any plans to remove the 3000 satoshi fee for the automatic deposit, which is now even higher than the fee for instant deposit?
MM
I also have two other questions:
1) The 30,000 satoshi minimum to withdraw has been in place for a long time. That was the minimum when the value of the bitcoin was only in the hundreds of dollars. When I started on your site, it was in the $700s and the minimum prize was 275 satoshi, so with a little more than 100 rolls you could reach the minimum.
Now that the value of BTC is more than 10 times that, wouldn't it make sense to reduce the minimum to, say, 5000 satoshi to make it more reachable? (Of course this would have to happen after the problem of the hacking and bots is resolved).
2) Now that the recent bubble is over and transaction costs are much lower, are there any plans to remove the 3000 satoshi fee for the automatic deposit, which is now even higher than the fee for instant deposit?
MM
1) I wouldn't expect much to be changing in the near future. The site is going to be rebranded and a number of altcoins added and an exchange function to be added. I would expect things like minimum withdrawal levels to be addressed at that time.
2) If you mean withdrawal rather than deposit then I think that is to try and move everyone away from using the weekly withdrawal. As you say fees are low and you can get a slow withdrawal for 40 sats, so why the need for a weekly withdrawal? Long-term we don't know how long fees will stay low and using dynamic fees on the slow and instant withdrawals is the best way forward. Constantly changing the weekly withdrawal isn't practical and people would not be happy if it was a dynamic fee and they didn't realise when the fees suddenly went high. With slow and instant you have to accept the fee when requesting the withdrawal whereas weekly is automated.
Also after other coins are added you'll have the option to exchange and withdraw coins with lower Tx fees if you want.
March 29, 2018, 09:24:08 AM
OK, understood about the reduction of award for the lowest prize. Hopefully it will be temporary.
I also have two other questions:
1) The 30,000 satoshi minimum to withdraw has been in place for a long time. That was the minimum when the value of the bitcoin was only in the hundreds of dollars. When I started on your site, it was in the $700s and the minimum prize was 275 satoshi, so with a little more than 100 rolls you could reach the minimum.
Now that the value of BTC is more than 10 times that, wouldn't it make sense to reduce the minimum to, say, 5000 satoshi to make it more reachable? (Of course this would have to happen after the problem of the hacking and bots is resolved).
2) Now that the recent bubble is over and transaction costs are much lower, are there any plans to remove the 3000 satoshi fee for the automatic deposit, which is now even higher than the fee for instant deposit?
MM
I also have two other questions:
1) The 30,000 satoshi minimum to withdraw has been in place for a long time. That was the minimum when the value of the bitcoin was only in the hundreds of dollars. When I started on your site, it was in the $700s and the minimum prize was 275 satoshi, so with a little more than 100 rolls you could reach the minimum.
Now that the value of BTC is more than 10 times that, wouldn't it make sense to reduce the minimum to, say, 5000 satoshi to make it more reachable? (Of course this would have to happen after the problem of the hacking and bots is resolved).
2) Now that the recent bubble is over and transaction costs are much lower, are there any plans to remove the 3000 satoshi fee for the automatic deposit, which is now even higher than the fee for instant deposit?
MM
March 29, 2018, 07:06:44 AM
these things seems waste of time for me. instead of hoping to won some coins from this system airdrop is better. 
I don't think so. There are a lot of complaints about airdrops too. On FreeBitco.in, on the other hand, it's not $0.002 worth of BTC every hour which is attractive. Spending very little time for visiting the site you have a chance to win $20 or even $200 while risking nothing, and that's what is engaging. Also it is important to note that they pay their winners regularly unlike many other sites who only promise big prizes but then don't pay out.
not a time waste for me(i do it in free time).Actually I disabled lottery some time ago to receive reward points instead of lottery tickets. I tried to win in the lottery many times before that decision, I even was buying tickets several times but then I gave up.
The reward points are good thing though. You can redeem them to increase your minimum free BTC reward up to 1000% for 24 hours after redemption.I've got a few more details about the reduced awards algorithm I can share with you.
The algorithm for reducing rewards takes a combination of the balance, wager, lottery and jackpot spending to calculate the reward. Jackpot spending has a higher weight (4x) and the lottery has the highest weight (20x).
If you do not want to gamble you can keep a balance above $50 to not have reduced rewards.
Most users will not need to keep the full balance though because their gambling history is also added up to calculate.
New accounts have full rewards for the first 100 rolls to help them build up a history and then the algorithm is applied to them. So opening a new account might seem like it helps but it won't.
Additionally, the balance needed to have no captcha is $100.
The algorithm for reducing rewards takes a combination of the balance, wager, lottery and jackpot spending to calculate the reward. Jackpot spending has a higher weight (4x) and the lottery has the highest weight (20x).
If you do not want to gamble you can keep a balance above $50 to not have reduced rewards.
Most users will not need to keep the full balance though because their gambling history is also added up to calculate.
New accounts have full rewards for the first 100 rolls to help them build up a history and then the algorithm is applied to them. So opening a new account might seem like it helps but it won't.
Additionally, the balance needed to have no captcha is $100.
Thank you! Yesterday I was going to tell that my free play rewards weren't reduced but then I thought that it may disclose the specifics of the algorithm
and I restrained myself from posting that info. So, I'm happy to confirm that I have the same rewards as before. March 29, 2018, 04:14:38 AM
I rolled 10000 zero times in about 6 months. However, for what is worth, I rolled 00000 two times!
Chance of drawing 10000 is 1/20000, so in average every three and a half years if you try your luck 15 times a day.
It's theorically the same for 00000, so you were very "lucky" to draw it twice already... Never got it personally.
March 29, 2018, 02:18:22 AM
I've got a few more details about the reduced awards algorithm I can share with you.
The algorithm for reducing rewards takes a combination of the balance, wager, lottery and jackpot spending to calculate the reward. Jackpot spending has a higher weight (4x) and the lottery has the highest weight (20x).
If you do not want to gamble you can keep a balance above $50 to not have reduced rewards.
Most users will not need to keep the full balance though because their gambling history is also added up to calculate.
New accounts have full rewards for the first 100 rolls to help them build up a history and then the algorithm is applied to them. So opening a new account might seem like it helps but it won't.
Additionally, the balance needed to have no captcha is $100.
The algorithm for reducing rewards takes a combination of the balance, wager, lottery and jackpot spending to calculate the reward. Jackpot spending has a higher weight (4x) and the lottery has the highest weight (20x).
If you do not want to gamble you can keep a balance above $50 to not have reduced rewards.
Most users will not need to keep the full balance though because their gambling history is also added up to calculate.
New accounts have full rewards for the first 100 rolls to help them build up a history and then the algorithm is applied to them. So opening a new account might seem like it helps but it won't.
Additionally, the balance needed to have no captcha is $100.
March 29, 2018, 02:15:09 AM
I rolled 10000 zero times in about 6 months. However, for what is worth, I rolled 00000 two times!
March 29, 2018, 01:02:21 AM
You have missed important factor here is luck
Actually, I believe it is those that think in terms of $0.002 per hour that are missing that important factor. Freebitco.in is successful because it offers that chance to get lucky for free.
March 28, 2018, 08:29:44 PM
how much time do you need to get 0.01 btc?
Less than a second if you roll 10000 you'll get 0.02543267 BTC right now.... but of course, it's not worth it
How many times have you rolled that number so far in a second?
You have missed important factor here is luck, that can happen only if your luck otherwise you know how much you can get for that one second.
March 28, 2018, 12:50:01 PM
Thanks for the offer ,
I have dropped a PM with my login id
Send me a PM with your user ID and the email address and I'll pass it on to the admin.
Edit: I probably should have said the obvious check your spam folder thing as well.
I have dropped a PM with my login id
Hi,
Is there a support email id . Iam trying to reset my password . But the "reset password " link does not appear to come to my email id. Not sure which email id to send to . Any help / pointers are appreciated.
Is there a support email id . Iam trying to reset my password . But the "reset password " link does not appear to come to my email id. Not sure which email id to send to . Any help / pointers are appreciated.
Send me a PM with your user ID and the email address and I'll pass it on to the admin.
Edit: I probably should have said the obvious check your spam folder thing as well.
March 28, 2018, 12:01:13 PM
It is good to see that wetsuit has responded on here regarding the halve base rewards. Also nice to see that TheQuin is the new moderator for freebitco.in, I am sure we will now get a much faster response when there is an issue .
. March 28, 2018, 11:13:27 AM
how much time do you need to get 0.01 btc?
Less than a second if you roll 10000 you'll get 0.02543267 BTC right now.... but of course, it's not worth it
March 28, 2018, 11:10:08 AM
Faucet amount is already indeed a sure money but as expected its just lesser unlike on airdrop tokens value isn't still there but might give you the chance on getting some decent amount but would depend on the project.
Both of these things will not give much money to the people spend time on it but it is a free thing so got a lot of popularity. Faucet money value one can check instantly but for the airdrop, coins need to wait until project get listed into exchanges. Once people know how to maximise their earnings online will slowly give up both of them. But few times every week I claim money on freebitco to get some free tickets to try my luck.
Nope, actually it does not worth to keep this all the time. Time that you spend and the result that you get from faucet is can't be compared because it is too little. You can count by yourselves, how much time do you need to get 0.01 btc? Are you sure you have this time just to harvest from.their faucet? Waiting airdrop will be just the same too, it only happens for some period of time so the effect will be just the same as faucet
March 28, 2018, 11:02:11 AM
these things seems waste of time for me. instead of hoping to won some coins from this system airdrop is better.
Airdrops seem a waste of time to me. Instead of hoping to win some Bitcoin it's much better to be an airline pilot.
I have to agree, now airdrops requires many tasks to get the token and more than 50% airdrops are useless because most of them have no values at all. Claiming the free faucet to get free lottery tickets and hoping for the luck is better than looking for aidrop and do the required tasks.
BTW, congrats on your new position for freebitco.in, you deserves it obviously.
March 28, 2018, 11:01:12 AM
Hi,
Is there a support email id . Iam trying to reset my password . But the "reset password " link does not appear to come to my email id. Not sure which email id to send to . Any help / pointers are appreciated.
Is there a support email id . Iam trying to reset my password . But the "reset password " link does not appear to come to my email id. Not sure which email id to send to . Any help / pointers are appreciated.
Send me a PM with your user ID and the email address and I'll pass it on to the admin.
Edit: I probably should have said the obvious check your spam folder thing as well.
March 28, 2018, 10:57:43 AM
Hi,
Is there a support email id . Iam trying to reset my password . But the "reset password " link does not appear to come to my email id. Not sure which email id to send to . Any help / pointers are appreciated.
Is there a support email id . Iam trying to reset my password . But the "reset password " link does not appear to come to my email id. Not sure which email id to send to . Any help / pointers are appreciated.
March 28, 2018, 10:45:04 AM
these things seems waste of time for me. instead of hoping to won some coins from this system airdrop is better.
I don't think so. There are a lot of complaints about airdrops too. On FreeBitco.in, on the other hand, it's not $0.002 worth of BTC every hour which is attractive. Spending very little time for visiting the site you have a chance to win $20 or even $200 while risking nothing, and that's what is engaging. Also it is important to note that they pay their winners regularly unlike many other sites who only promise big prizes but then don't pay out.
not a time waste for me(i do it in free time). March 28, 2018, 08:20:00 AM
these things seems waste of time for me. instead of hoping to won some coins from this system airdrop is better.
I don't think so. There are a lot of complaints about airdrops too. On FreeBitco.in, on the other hand, it's not $0.002 worth of BTC every hour which is attractive. Spending very little time for visiting the site you have a chance to win $20 or even $200 while risking nothing, and that's what is engaging. Also it is important to note that they pay their winners regularly unlike many other sites who only promise big prizes but then don't pay out.
March 28, 2018, 04:08:36 AM
these things seems waste of time for me. instead of hoping to won some coins from this system airdrop is better.
Freebitco.in is a faucet site that allows users to earn free bitcoin without risking any money, and it have been paying out all the faucet earnings earned by users for a long period of time without any issues, so I don't think there is anything to complain about a site that allows users to earn free money. Jump to: