Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1317. (Read 565908 times)

#TheQuin, you are missing my point. I am saying once your withdrawal from Freebitco.in hits your Bitcoin address it gathers "dust" and in the long run, those small transactions increase your miners fees. If we are conservative with the average fees, you will still have to pay almost $1 as a average to use the "dust" that are collected from Freebitco.in over time.

Most people will only use the faucet for about 8 times a day, so that will mean that you would only get about 160 Satoshi per day. To be able to spend those Satoshi, you will have to cover your miners fees. {+/- $1 or 9606 Satoshi at todays price} to pay for the miners fees to shift those deposits to another address. {on-chain}

9606 Satoshi divided by 160 Satoshi = 60.0375 days to pay for the miners fees, before you can transfer your earnings on-chain to another address.  - Let's say your timing is good, and the MemPool is almost empty, then you could pay $0.50 in miners fees and then you still need about 30days to pay for that transaction. 

Tip : Your best bet, disable automatic withdrawal and wait until the amount accumulate enough Satoshi to cover the miners fees <on-chain> and then withdraw it from Freebitco.in. That way it will not increase the "dust" in your Bitcoin address and you can pay less in miners fees.

Not everyone withdrawing money from this site may not be collected it from a faucet claims because many of them are using this site as an online wallet because of 4% interest rate yearly. There is a possibility that these people who are complaining may not be for faucet money but for their own money. If they want to pay for something urgently and withdrawal didn't go through then most likely people start complaining here.

It is pretty normal to have this instant withdrawal issue here, first because it had just been fixed last time so may be it still have something left around. Second, this should be easy way to fix but with the slow respond it happens this way. But you can trust this site because they always fix their things well enough and never have really huge problems occurs here. Just wait them to be back to fix this thing

I think his problem was that fees suddenly jumped yesterday afternoon and the fast withdrawals got stuck. It looks like freebitco.in is spending the unconfirmed change for the next withdrawal so it caused a sort of bottleneck.

At the moment the slow withdrawal fee is 120 sats, so only 6 free rolls. If you want to avoid dust in your wallet you can always make a deposit and then withdraw to combine into a larger output.

Have you met the minimum withdrawal limit yet? I see a lot of newbies complaining about late withdrawals, but they have not yet reached the minimum withdrawal amount. Most of these withdrawals end up as "dust" in their Bitcoin address and when they want to use that money, the miners fees absorb most of that.

I would like to know from my fellow Freebitco.in users, how many of you have actually used the money that you withdrawn from this site.

Example : At the average Bitcoin price of $10 000, you can buy 9606 Satoshi for $1. The average miners fees has been about $1 and the likelihood of paying that with a Bitcoin address with multiple "dust" deposits is plausible. So, you need roughly 9606 Satoshi to cover your miners fees. < 9606 / 20 Sat/h = 480 hours or 20 days if you do this 24 hours of the day, with no sleep >

In your opinion, what amount of Satoshi would be sufficient to make it worth it to withdraw it from Freebitco.in?
https://bitcoinfees.info/

  

I know that Myfe is often here, that's why im asking. I'm just hinting to that such delays, like today, are not normal...

Why do you think like that?

They are paying for a quite long time each and every player without any issue so they got that name in faucet market. It is not so easy to run a site without any issues for a long time.


They do not have a good support team here to respond faster.

Whole the day passed - the result is none... still didn't receive any payment from freebitco.in.
Do they track their payments process?

This seems to be nothing more then a glorified faucet

not, it's small, only 0.001 BTC.
Still pending...

happened to few people a couple weeks ago, but all resolved in time
it might be related to the upcoming reworks of the site but that's just my guess
are you withdrawing significant amount? maybe their hot wallet is empty

There are issues with payouts today on freebitco.in? I'm waiting for instant payout for several hours!

It took so much time to set the referral link in my signature here back in 2013, but it's time I'm very happy I 'wasted'.

https://i.snag.gy/FYNcVq.jpg

Earning something from referrals no matter how much the amount is not a wasting time IMO. There are some people can get many referrals from their blog, website, social media, youtube, etc. Of course it requires some efforts to gain referrals, wasting time or not depends on the one who do the efforts. If you think that it is wasting time, obviously it is your own right to say like that. But for some people it worths to gain referrals as many as possible and wait for the lucky time to get active referrals.

If you got so many referrals but there is only some that claim their faucet or even played the hi-lo games, what so you expect to get? This will be just wasting time right? But to think higher chances will win you the first prize may be you are really dreaming, this is not that easy to have more tickets and help you win, if you do not have any luck then this must be pointless thing to do

Agreed, I think the referral shareback is key. It kind of comes down to how you set yourself apart from the rest of the pack. Sure, if you have a huge social media or blog following that may be enough, but referral shareback is a good alternative as a differentiating factor. The person who referred me offered 100% shareback on everything (dice rolls, daily interest, Hi-Lo game, though I never do the last one).

I use the faucet like a madman and I'm guessing he/she has accrued a decent amount of lotto tickets + RP in the short time I've been his/her referral. Especially on those multiplier days, haha.

I'll agree when I was on another forum i saw this guy gave back his 80% of his refferals earnings back to his users. This strategy really worked last i remembered he had 1000 refferals and this was the time when per claim 300 -500 satoshi were there. Now add to his earnings, bonus, lottery and gambling wins. You need to dole out the carrot to bait them to work for you, but now earnings are meagre so it won't work now lol.

This is very true. You only need to find one or two good referrals to make much more than 100's that only use the faucet. You can just get lucky as I have a few times but if you can get someone who is interested in gambling and give them the link directly that's much better than just dropping the link all over the internet.

in the end it depends on the type of referrals you have and what you did to get them. most people advertise their links as a way to "make money" by claiming faucet for example, so you get that type of referrals where they claim faucet a couple of times and go away.
but if you get someone who invests, claims faucet, plays the gambling game,... then you make real commissions. and it is true about advertising any referral link. you have to find the correct audience and find the best person that can give you the most amount of money.

I think he means referrals bring you earnings as passive income. This also applies to lottery tickets: the more referrals you have the more tickets you get, so your chances to win increase. So, I don’t think it is a ridiculous thing to say. Most of them play faucet because it is free.