FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1341.

moneyafric

member

Activity: 274

Merit: 10

Quote from: AliCris on December 21, 2017, 01:38:17 PM

Playing in the casino there is a full hat, no matter how you build your strategy vseravno the moment will come when you have 19 reds in a row and you can drain your entire balance

I started out here but dumped it when I discovered they were only wasting my time for nothing. Then I found something better invest my time in that made me fortune which started my currency trading business.

Thanks

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: Chris314 on December 22, 2017, 04:52:15 PM

Faucet only user has to claim quite a long time already to be able to withdraw (30000/15 = 2000 hours, about six months with 12-15 claims a day), and the fee means 200 claims are done to pay the miners and not to fulfill the wallet. I understand new registered people won't stay long.

Wrong equation. It is not 30K satoshi fee but it is 3K satoshi fee.

That brings down to just 200 hours - Average 10 hours claim per day means 20 days and it is no way a good option for anyone to earn money from this site because it is like people working for miners, not for themselves so should find other ways to earn money online.

Chris314

sr. member

Activity: 672

Merit: 266

Faucet only user has to claim quite a long time already to be able to withdraw (30000/15 = 2000 hours, about six months with 12-15 claims a day), and the fee means 200 claims are done to pay the miners and not to fulfill the wallet. I understand new registered people won't stay long.

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Quote from: babygun on December 22, 2017, 02:59:30 PM

Quote from: chris200x9 on December 21, 2017, 08:31:35 PM

Quote from: Pursuer on December 21, 2017, 03:42:02 AM

Quote from: chris200x9 on December 19, 2017, 08:39:38 PM

Quote from: Myfe on December 18, 2017, 10:55:15 PM

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

this will introduce a lot of issues.
altcoins prices are pretty volatile so they either have to have that altcoin already which means they have to invest their money in that altcoin and lose money if it goes down. and pay people based on the current market rate. which means implementing a new system for withdrawals and lots of security audits.

or they have to do the exchange on the fly as people make withdrawal claims. for example using something like ShapeShift. but that will require additional fees for exchanging bitcoin to those altcoins and for those who want to withdraw a small amount and are worried about 3000 satoshi, that fee will also not be acceptable.

The site has to find some good alternative otherwise they may lose a lot of faucets claiming people because no one wants to waste so much time to earn small amount and pay such a high fee.

So far site manages to pull so many people because of no withdrawal fee. Now, these guys need to claim few weeks just to earn fee amount. If they don't find a good alternative then finally, the site will be left with people like me who claim few times in a few to buy some lottery tickets.

i can follow your reasoning, but I don't think the people will stay away from the site due to the fee. The minimun payout is 30 000 satoshi, so if you are motivated to achieve that goal, than this low fee is no problem. I think most people begin with the site and then stop because of the (high) minimum payout.

This fee is inviable... 15 satoshis per claim every hour. You need to claim 200 hours only to be able to withdraw your money from the site. For the common faucet user it's not good, for the investor and gambler it's not a problem as they deposit money on the site to play and invest, for them 3000 satoshis is nothing, but for those collecting pennies everywhere it's a lot! To pay via Micro Payment System or using another currency is a good idea.

babygun

sr. member

Activity: 2226

Merit: 254

Top-tier crypto casino and sportsbook

Quote from: chris200x9 on December 21, 2017, 08:31:35 PM

Quote from: Pursuer on December 21, 2017, 03:42:02 AM

Quote from: chris200x9 on December 19, 2017, 08:39:38 PM

Quote from: Myfe on December 18, 2017, 10:55:15 PM

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

this will introduce a lot of issues.
altcoins prices are pretty volatile so they either have to have that altcoin already which means they have to invest their money in that altcoin and lose money if it goes down. and pay people based on the current market rate. which means implementing a new system for withdrawals and lots of security audits.

or they have to do the exchange on the fly as people make withdrawal claims. for example using something like ShapeShift. but that will require additional fees for exchanging bitcoin to those altcoins and for those who want to withdraw a small amount and are worried about 3000 satoshi, that fee will also not be acceptable.

The site has to find some good alternative otherwise they may lose a lot of faucets claiming people because no one wants to waste so much time to earn small amount and pay such a high fee.

So far site manages to pull so many people because of no withdrawal fee. Now, these guys need to claim few weeks just to earn fee amount. If they don't find a good alternative then finally, the site will be left with people like me who claim few times in a few to buy some lottery tickets.

i can follow your reasoning, but I don't think the people will stay away from the site due to the fee. The minimun payout is 30 000 satoshi, so if you are motivated to achieve that goal, than this low fee is no problem. I think most people begin with the site and then stop because of the (high) minimum payout.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: chris200x9 on December 21, 2017, 08:31:35 PM

Quote from: Pursuer on December 21, 2017, 03:42:02 AM

Quote from: chris200x9 on December 19, 2017, 08:39:38 PM

Quote from: Myfe on December 18, 2017, 10:55:15 PM

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

this will introduce a lot of issues.
altcoins prices are pretty volatile so they either have to have that altcoin already which means they have to invest their money in that altcoin and lose money if it goes down. and pay people based on the current market rate. which means implementing a new system for withdrawals and lots of security audits.

or they have to do the exchange on the fly as people make withdrawal claims. for example using something like ShapeShift. but that will require additional fees for exchanging bitcoin to those altcoins and for those who want to withdraw a small amount and are worried about 3000 satoshi, that fee will also not be acceptable.

The site has to find some good alternative otherwise they may lose a lot of faucets claiming people because no one wants to waste so much time to earn small amount and pay such a high fee.

So far site manages to pull so many people because of no withdrawal fee. Now, these guys need to claim few weeks just to earn fee amount. If they don't find a good alternative then finally, the site will be left with people like me who claim few times in a few to buy some lottery tickets.

Fees would really be a major thing that would affect this sites operation which i dont either believe that they would sustain to pay up tx fees because they are not dumb enough to do such thing considering on the amount that we should put up to make a transaction or transfer. They should really find some alternative ways or else it would really give a serious impact to the site specially lots of people do make use of this site for their faucet thing.

chris200x9

legendary

Activity: 1316

Merit: 1011

Quote from: Pursuer on December 21, 2017, 03:42:02 AM

Quote from: chris200x9 on December 19, 2017, 08:39:38 PM

Quote from: Myfe on December 18, 2017, 10:55:15 PM

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

this will introduce a lot of issues.
altcoins prices are pretty volatile so they either have to have that altcoin already which means they have to invest their money in that altcoin and lose money if it goes down. and pay people based on the current market rate. which means implementing a new system for withdrawals and lots of security audits.

or they have to do the exchange on the fly as people make withdrawal claims. for example using something like ShapeShift. but that will require additional fees for exchanging bitcoin to those altcoins and for those who want to withdraw a small amount and are worried about 3000 satoshi, that fee will also not be acceptable.

The site has to find some good alternative otherwise they may lose a lot of faucets claiming people because no one wants to waste so much time to earn small amount and pay such a high fee.

So far site manages to pull so many people because of no withdrawal fee. Now, these guys need to claim few weeks just to earn fee amount. If they don't find a good alternative then finally, the site will be left with people like me who claim few times in a few to buy some lottery tickets.

AliCris

sr. member

Activity: 532

Merit: 251

Playing in the casino there is a full hat, no matter how you build your strategy vseravno the moment will come when you have 19 reds in a row and you can drain your entire balance

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: Pursuer on December 21, 2017, 03:42:02 AM

Quote from: chris200x9 on December 19, 2017, 08:39:38 PM

Quote from: Myfe on December 18, 2017, 10:55:15 PM

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

this will introduce a lot of issues.
altcoins prices are pretty volatile so they either have to have that altcoin already which means they have to invest their money in that altcoin and lose money if it goes down. and pay people based on the current market rate. which means implementing a new system for withdrawals and lots of security audits.

or they have to do the exchange on the fly as people make withdrawal claims. for example using something like ShapeShift. but that will require additional fees for exchanging bitcoin to those altcoins and for those who want to withdraw a small amount and are worried about 3000 satoshi, that fee will also not be acceptable.

Most people here already have a few accounts with a few exchanges like Poloniex, Bittrex, Bitfinex, etc. Hell even Coinbase just listed BCH.

So for most people its no big deal getting paid in an alt, selling that alt for Bitcoin on their exchange.

Look at the fees right now. You would need to pay at least 600 Sats/byte to get it confirmed sometime in the next few hours. Thats at least $20, maybe a little lower if its from Segwit to Segwit.

So with an alt, the fee would be almost free and the exchange charges a small trading fee usually 0.15% which is nothing for small trades.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: chris200x9 on December 19, 2017, 08:39:38 PM

Quote from: Myfe on December 18, 2017, 10:55:15 PM

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

this will introduce a lot of issues.
altcoins prices are pretty volatile so they either have to have that altcoin already which means they have to invest their money in that altcoin and lose money if it goes down. and pay people based on the current market rate. which means implementing a new system for withdrawals and lots of security audits.

or they have to do the exchange on the fly as people make withdrawal claims. for example using something like ShapeShift. but that will require additional fees for exchanging bitcoin to those altcoins and for those who want to withdraw a small amount and are worried about 3000 satoshi, that fee will also not be acceptable.

chris200x9

legendary

Activity: 1316

Merit: 1011

Quote from: xYakult on December 21, 2017, 12:21:54 AM

Quote from: Chris314 on December 20, 2017, 05:30:30 PM

Quote from: adaseb on December 20, 2017, 04:36:52 PM

Quote from: Myfe on December 18, 2017, 10:55:15 PM

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

Will the 3000 Satoshi fee be enough for each withdraw? Because looking right now you need to pay at least 500 Sats per byte just to get it confirmed in a few hours. With a min 1 input and 1 output transaction that is around 0.00100000 BTC, so the 3000 Sat fee you are charging will end up losing you money.

I hate to say it but until Lightning network or Segwit gets majority usage, it would be best to use ETH or BCH temporarily because paying these high fees for small withdraws is just crazy.

Like everybody said before. Bitcoin is more of a store of value rather than a daily currency you can use.

They were already losing money with free Sunday withdrawals. 3000 sat fee is here to reduce the loss, I think, not to earn money from users' withdrawals.

I dont think so, they are still running so obviously they are getting good amount of money from ads and with only 12sats on most claims, very few users will reach the minimum withdraw amount, only few users are eligible for automated payout every sunday, this will not cost them too much, it will affect their users very much

On which page you saw the advertisements on their site recently? Yes, earlier they were running advertisements but for some time no advertisements now it looks their main profit is a hi-low game.

If you're getting 12 sats for each claim then you need to claim around 250 times just to earn a fee. That's why I proposed to allow users to withdraw from some altcoins until these fees come down.

xYakult

sr. member

Activity: 518

Merit: 258

Quote from: Chris314 on December 20, 2017, 05:30:30 PM

Quote from: adaseb on December 20, 2017, 04:36:52 PM

Quote from: Myfe on December 18, 2017, 10:55:15 PM

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

Will the 3000 Satoshi fee be enough for each withdraw? Because looking right now you need to pay at least 500 Sats per byte just to get it confirmed in a few hours. With a min 1 input and 1 output transaction that is around 0.00100000 BTC, so the 3000 Sat fee you are charging will end up losing you money.

I hate to say it but until Lightning network or Segwit gets majority usage, it would be best to use ETH or BCH temporarily because paying these high fees for small withdraws is just crazy.

Like everybody said before. Bitcoin is more of a store of value rather than a daily currency you can use.

They were already losing money with free Sunday withdrawals. 3000 sat fee is here to reduce the loss, I think, not to earn money from users' withdrawals.

I dont think so, they are still running so obviously they are getting good amount of money from ads and with only 12sats on most claims, very few users will reach the minimum withdraw amount, only few users are eligible for automated payout every sunday, this will not cost them too much, it will affect their users very much

Chris314

sr. member

Activity: 672

Merit: 266

Quote from: adaseb on December 20, 2017, 04:36:52 PM

Quote from: Myfe on December 18, 2017, 10:55:15 PM

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

Will the 3000 Satoshi fee be enough for each withdraw? Because looking right now you need to pay at least 500 Sats per byte just to get it confirmed in a few hours. With a min 1 input and 1 output transaction that is around 0.00100000 BTC, so the 3000 Sat fee you are charging will end up losing you money.

I hate to say it but until Lightning network or Segwit gets majority usage, it would be best to use ETH or BCH temporarily because paying these high fees for small withdraws is just crazy.

Like everybody said before. Bitcoin is more of a store of value rather than a daily currency you can use.

They were already losing money with free Sunday withdrawals. 3000 sat fee is here to reduce the loss, I think, not to earn money from users' withdrawals.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: Myfe on December 18, 2017, 10:55:15 PM

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

Will the 3000 Satoshi fee be enough for each withdraw? Because looking right now you need to pay at least 500 Sats per byte just to get it confirmed in a few hours. With a min 1 input and 1 output transaction that is around 0.00100000 BTC, so the 3000 Sat fee you are charging will end up losing you money.

I hate to say it but until Lightning network or Segwit gets majority usage, it would be best to use ETH or BCH temporarily because paying these high fees for small withdraws is just crazy.

Like everybody said before. Bitcoin is more of a store of value rather than a daily currency you can use.

setifien19

full member

Activity: 474

Merit: 101

Quote from: Chris314 on December 20, 2017, 04:19:55 PM

Quote from: setifien19 on December 20, 2017, 03:41:50 PM

Hi , freebitcoin fans , I'd like to know wether we can send bitcoin from one acc to another ( withdraw from an acc to deposit it into another acc of a friend / family members ?

You can, just by using the deposit address of the freebitco.in account you want to send btc to. Fees are applying, of course, like any transfer from your account to a wallet.

Thanks a lot for your answer

Chris314

sr. member

Activity: 672

Merit: 266

Quote from: setifien19 on December 20, 2017, 03:41:50 PM

Hi , freebitcoin fans , I'd like to know wether we can send bitcoin from one acc to another ( withdraw from an acc to deposit it into another acc of a friend / family members ?

You can, just by using the deposit address of the freebitco.in account you want to send btc to. Fees are applying, of course, like any transfer from your account to a wallet.

setifien19

full member

Activity: 474

Merit: 101

Hi , freebitcoin fans , I'd like to know wether we can send bitcoin from one acc to another ( withdraw from an acc to deposit it into another acc of a friend / family members ?

quality.crypto

member

Activity: 854

Merit: 10

Quote from: masik215 on December 19, 2017, 10:16:36 AM

I really like the site. The dice thing is a lot more fun than normal faucets.

Yes, but most of the time I am loosing in the dice game. I never make any profit with the gaming but through faucets we are making amount because other website went into scam without paying.

Snatdard usre

newbie

Activity: 57

Merit: 0

Quote

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

+1 for altcoin withdrawals.

chris200x9

legendary

Activity: 1316

Merit: 1011

Quote from: Myfe on December 18, 2017, 10:55:15 PM

~~ ANNOUNCEMENT ~~

Friends, it's true...starting Sunday, December 24th GMT we will be instituting a 3,000 satoshi fee for each auto-withdrawal. We need to do this to offset the cost of increasing Bitcoin transaction fees.

I know this may come as a disappointment for some of you, but we'll have some more exciting news at the start of the New Year!

If you have any questions or issues with your account please PM me.

My alternative suggestion for this withdrawal fee.

Anyway, I never withdraw any money from this site because I claim few times to get few lottery tickets. For those people who really trying to withdraw coins from this site even though your charging very small fee amount but for those guys takes a lot of time to earn that fee amount. So you can consider allowing them to withdraw the amount in some other altcoins so that those guys can save some transaction fee amount.

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 1341. (Read 566154 times)