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Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 152. (Read 559698 times)

legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
Less than one satoshi? I would rather hope that they hold back the free rolls for the time being or increase the time interval between rolls - like once every 6hours or so and then adjust the payout rates to compensate for that.

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

Increasing the number of hours for the free roll will directly impact their traffic on the site.
It will decrease the number of active users on the site and thus their business will see a decrease in revenue.
To continue with the same amount of traffic on the site they will have to keep a free roll every hour.
So this leaves only one option and that is to divide the satoshis into further decimals.

Do you think that the majority of the people come to freebitco to claim the hourly faucet  Huh Whos is willing to earn 3 sat per hour and 30 sat in 10 hours ? There are some better skills out there which can make you make good money than to earn money through faucets.

I think freebitco has lot of traffic because it has Multiply btc games, lotteries, Reward Points and all such other stuff like sports betting etc. Not to mention the sections of "Earn BTC" and " Win a Lambo".
These are the reasons why people visit the freebitco and not because it offers an hourly faucet in the form of free Roll. Maybe you do not know but there are people who are earning only through their REFERRAL COMMISSION program.

There are some very patient people out there.They claim it for only 3 Satoshis now but they also have done so when the rewards were 10 Satoshis and they have accumulated a lot by doing so,they have also managed to buy 2500 FUN through these clicks in these long time and are happy with those Wheel of Fortune spins.These people have not invested anything in Freebitco.in and are using it for their benefit.

Of course there are much better ways to achieve this type of benefit and most people are not such patient,these are the ones who also use Multiply BTC and all other options,giving back some to Freebitco.in much different from the above users.The smartest of all groups are those with active referrals,this is a well known fact.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
Do you think that the majority of the people come to freebitco to claim the hourly faucet  Huh Whos is willing to earn 3 sat per hour and 30 sat in 10 hours ? There are some better skills out there which can make you make good money than to earn money through faucets.

I think freebitco has lot of traffic because it has Multiply btc games, lotteries, Reward Points and all such other stuff like sports betting etc. Not to mention the sections of "Earn BTC" and " Win a Lambo".
These are the reasons why people visit the freebitco and not because it offers an hourly faucet in the form of free Roll. Maybe you do not know but there are people who are earning only through their REFERRAL COMMISSION program.
Yes you are right that everyone who visits this site not only wants to do free spins, but believe me not everyone has bitcoins in their hands and they find this site to get them for free, so they will start from free spins and many users want spins free is getting more free bitcoins than users who have BTC who play buying lottery tickets, betting on sports betting, buying gold tickets to get lambo or playing multiply BTC, besides my belief is not everyone who is active on this site has the money to play that . they must be active because they want to get free bitcoins from free spins from this site since this site was built.

Talking about referral commissions, of course it depends on active referrals, but if referrals are not active then no profit will be gained, say maybe a few years ago when free spins still got hundreds or thousands of satoshi where people believed the price of bitcoin would increase they actively earned bitcoin with free spins that, so I'm pretty sure that the majority of freebitcoin users come for the free bitcoins and free spins and then they turn that money around through lottery tickets and such there making bets or just playing multiply btc, while users who have enough money to play and get more benefits There are not as many users as there are users who are active in free spins.  Grin
hero member
Activity: 2240
Merit: 537
FREE passive income eBook @ tinyurl.com/PIA10

Do you think that the majority of the people come to freebitco to claim the hourly faucet  Huh Whos is willing to earn 3 sat per hour and 30 sat in 10 hours ? There are some better skills out there which can make you make good money than to earn money through faucets.

I think freebitco has lot of traffic because it has Multiply btc games, lotteries, Reward Points and all such other stuff like sports betting etc. Not to mention the sections of "Earn BTC" and " Win a Lambo".
These are the reasons why people visit the freebitco and not because it offers an hourly faucet in the form of free Roll. Maybe you do not know but there are people who are earning only through their REFERRAL COMMISSION program.

If you wager from time to time, the free rolls do add up. Dont forget the added RPs and the lottery tickets.
legendary
Activity: 1372
Merit: 2017
Do you think that the majority of the people come to freebitco to claim the hourly faucet  Huh Whos is willing to earn 3 sat per hour and 30 sat in 10 hours ? There are some better skills out there which can make you make good money than to earn money through faucets.

I think freebitco has lot of traffic because it has Multiply btc games, lotteries, Reward Points and all such other stuff like sports betting etc. Not to mention the sections of "Earn BTC" and " Win a Lambo".
These are the reasons why people visit the freebitco and not because it offers an hourly faucet in the form of free Roll. Maybe you do not know but there are people who are earning only through their REFERRAL COMMISSION program.

At least initially it was, the main attraction to the site was the faucet. Today I doubt it because of what you say: freebitco.in already has a name and many people who bring customers to the site through the referral system, besides it has evolved to be a very complete bookmaker. Anyway, they will have the concrete data of what percentage of the people who arrive and start playing only the faucet end up becoming a player of the rest of the games of the site, and based on that they will be able to make decisions.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
So this leaves only one option and that is to divide the satoshis into further decimals.

One satoshi cannot be divided further as 1 sat is the smallest unit of bitcoin.

It doesn’t require changing Bitcoin’s consensus rules. FreeBitco.in can just do this in their own database. If someone uses the “withdraw all” option, they would receive their full balance up to the 8th decimal place and be left with a sub-satoshi amount in their account.

Another option could be to only allow claims every 2 hours but the reward amounts from the faucet would be doubled.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
Less than one satoshi? I would rather hope that they hold back the free rolls for the time being or increase the time interval between rolls - like once every 6hours or so and then adjust the payout rates to compensate for that.

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

Increasing the number of hours for the free roll will directly impact their traffic on the site.
It will decrease the number of active users on the site and thus their business will see a decrease in revenue.
To continue with the same amount of traffic on the site they will have to keep a free roll every hour.
So this leaves only one option and that is to divide the satoshis into further decimals.

Do you think that the majority of the people come to freebitco to claim the hourly faucet  Huh Whos is willing to earn 3 sat per hour and 30 sat in 10 hours ? There are some better skills out there which can make you make good money than to earn money through faucets.

I think freebitco has lot of traffic because it has Multiply btc games, lotteries, Reward Points and all such other stuff like sports betting etc. Not to mention the sections of "Earn BTC" and " Win a Lambo".
These are the reasons why people visit the freebitco and not because it offers an hourly faucet in the form of free Roll. Maybe you do not know but there are people who are earning only through their REFERRAL COMMISSION program.
STT
legendary
Activity: 4102
Merit: 1454
Changing the timer is credible face to Occam's razor=Lex parsimoniae=Keep it simple but

keep dreaming about the scenario of BTC = 134 K (and Base reward less than 1 satoshi) only for the long term and not before - big  owners aren't that ignorant about  the consequences for themselves. Yet.

Of course, I can't say never and that would be another story.

Even simplier, they can just alter the odds too and it would equate in cost to what the scaling is doing now i.e. out of sight alterations.   That is effectively what alot of active management on casino games do, you just never know for sure what odds are exactly being levied but usually its relation to what the machine has paid out prior.   Currently the odds are fixed and some people have it as predictable enough that sooner or later you must win which is maybe a fallacy maybe true Im not sure;  I've never won the biggest prize so cant be sure.

I wouldn't go below 1 satoshi personally its not the road I'd go down as BTC itself has to be recognizable & equal to everywhere else to really be best effective.   Like a dollar, people dont collect them for the presidents heads they are just thinking of what they can spend it on so any value must be interchangeable as per a standard used everywhere.
   Alternatively the site has other units of value and those are more free to be altered within the boundaries of this site
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
I think freebitcoin has been thinking about this for a long time because at some time bitcoin will be worth very high and expensive which of course will make the income on freebitcoin less, I don't know what will be planned afterwards when the price of bitcoin hits $100k later where of course the free spin income will be more a little more than we imagine, for example 1 satoshi, but I'm not sure they will stop the free spins, let alone stop operating the site because there are quite a lot of users who are actively looking for money on this site.

Let's suppose the bitcoin price is above 100K$ and freebitco reduces the free spin to 1 Satoshi, but if the bitcoin price moves even higher like 125k$ or 150K$, then what would freebitco do ?

Some thoughts are that they may stop their spin roll option but i think what they can do it to increase the time interval between the roll time. Right now we have to wait for 1 hour for the free spin, they may increase this to two hours etc and therefore they will not have to stop their free roll, even if the bitcoin prices reach very high.

So this leaves only one option and that is to divide the satoshis into further decimals.

One satoshi cannot be divided further as 1 sat is the smallest unit of bitcoin.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Less than one satoshi? I would rather hope that they hold back the free rolls for the time being or increase the time interval between rolls - like once every 6hours or so and then adjust the payout rates to compensate for that.

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.

Increasing the number of hours for the free roll will directly impact their traffic on the site.
It will decrease the number of active users on the site and thus their business will see a decrease in revenue.
To continue with the same amount of traffic on the site they will have to keep a free roll every hour.
So this leaves only one option and that is to divide the satoshis into further decimals.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.
Very feel thanks to Freebitco.in when they run their faucet many years but if they halt it, the community will cry out. It's funny but I agree with you about this fact.

I know the site run its faucet for years but by replying your post, I decided to dig about their faucet history. It was launched in 2013 and according to that article, Freebitco.in started as a faucet before they launched new products and became a Bitcoin gambling site.

Quote
Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.
Sure, it will make a new all time high, the party is only kicked off.
I think freebitcoin has been thinking about this for a long time because at some time bitcoin will be worth very high and expensive which of course will make the income on freebitcoin less, I don't know what will be planned afterwards when the price of bitcoin hits $100k later where of course the free spin income will be more a little more than we imagine, for example 1 satoshi, but I'm not sure they will stop the free spins, let alone stop operating the site because there are quite a lot of users who are actively looking for money on this site.

I'm sure they will provide the best solution for all their users so just wait for other latest news from them, we don't need to speculate anything about this site will stop the tap or anything, I'm sure they have thought about this before, so let's wait for what they will plan that after the price of bitcoin gets higher, whether this year or next year, at least their users will still get free money from this site because there may still be users who still depend on getting their bitcoins on this site which has been operating for quite a long time too, Btw you are right that the rise in bitcoin prices is not over yet because it is still at the beginning.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.
Very feel thanks to Freebitco.in when they run their faucet many years but if they halt it, the community will cry out. It's funny but I agree with you about this fact.

I know the site run its faucet for years but by replying your post, I decided to dig about their faucet history. It was launched in 2013 and according to that article, Freebitco.in started as a faucet before they launched new products and became a Bitcoin gambling site.

Quote
Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.
Sure, it will make a new all time high, the party is only kicked off.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Less than one satoshi? I would rather hope that they hold back the free rolls for the time being or increase the time interval between rolls - like once every 6hours or so and then adjust the payout rates to compensate for that.

That is if they want to continue the faucet since that is what freebitco.in has been always centered on. They can also temporarily halt the faucet but that might see a huge public outcry.

Overall, I am pretty happy with the bitcoin bull run and crossing of the all-time-high.
member
Activity: 994
Merit: 46
What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?
Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.
Maybe increasing the faucet reset timer to 2 hours from 1 hour will be the perfect solution in that case. But TheQuin had described about a different solution. They may add 2 extra decimal to the Bitcoin amount on their website to give $0.002 base reward on each hourly faucet claim. However, Freebitco team have to change their slogan 'win up to $200 every hour' to a different one if they follow the alternative method which you guys have said above.
To be honest with you, I do not think adding 2 extra decimal to the price of bitcoin on their account will make sense, though I am still trying to understand perfectly what exactly you mean by this, but then, it doesn't make sense.

I think he meant the two extra decimal places in the display of the BTC amount (think of it as millisatoshis), not the dollar price of the bitcoin. Instead of claiming 1 sat, one gets, for example, 0.5 satoshis every hour, or 0.0000000050 BTC. So, the dollar amount of $0.002 for the base reward remains unchanged.

The best alternative so far, is to keep the reward as it is, and increase the timing, like to every 1 hour, 30 minutes, or every 2 hours.

Instead of claiming every two hours, users would have to claim half a satoshi every hour, but the final effect will be the same.

Here I agreed about this because I check few other sites and faucets which are working and having same system they are now giving less than one Satoshi which is same if we are going to have every claim after 2 hours which is not idea because with these things can take negative impact but adding more decimal places which are now part of many sites because with this we will have same clicks and prize will be added as it's going right now but doing anything like after 2 or 3 hours are surely going to hurt.
Still we have to wait for the official statement because at the end we will have thing which is going to help admin he will bring this for the faucet.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?
Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.
Maybe increasing the faucet reset timer to 2 hours from 1 hour will be the perfect solution in that case. But TheQuin had described about a different solution. They may add 2 extra decimal to the Bitcoin amount on their website to give $0.002 base reward on each hourly faucet claim. However, Freebitco team have to change their slogan 'win up to $200 every hour' to a different one if they follow the alternative method which you guys have said above.
To be honest with you, I do not think adding 2 extra decimal to the price of bitcoin on their account will make sense, though I am still trying to understand perfectly what exactly you mean by this, but then, it doesn't make sense.

I think he meant the two extra decimal places in the display of the BTC amount (think of it as millisatoshis), not the dollar price of the bitcoin. Instead of claiming 1 sat, one gets, for example, 0.5 satoshis every hour, or 0.0000000050 BTC. So, the dollar amount of $0.002 for the base reward remains unchanged.

The best alternative so far, is to keep the reward as it is, and increase the timing, like to every 1 hour, 30 minutes, or every 2 hours.

Instead of claiming every two hours, users would have to claim half a satoshi every hour, but the final effect will be the same.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
~ and I'd be upset for being so close but not hitting it, but I can't, looking at current BTC price. Smiley

Yes ofcourse, we are all happy as BTC has surged crossing $60k after so long. We can only wait to see what's the next ATH is gonna be.
Talking about luck, I just spinned my WoF spins now that we don't know when BTC will fall down and so trying to accumulate rewards at current base price of 17.

I got some nice rewards with 1 high reward of 1700 satoshis and 2 medium rewards of 170 satoshis and 170 lottery tickets.
The rest were all ofcourse the base rewards but a nice stash though.



Yeah, those are great rewards. Congrats! Who knows how much it will be in USD ten years later. Smiley

I'd got a pretty nice prize too from the WoF recently:



But unfortunately didn't win anything with that. But I'm not losing my hope. I think I will win something in this Lottery one day. Smiley
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?
Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.
Maybe increasing the faucet reset timer to 2 hours from 1 hour will be the perfect solution in that case. But TheQuin had described about a different solution. They may add 2 extra decimal to the Bitcoin amount on their website to give $0.002 base reward on each hourly faucet claim. However, Freebitco team have to change their slogan 'win up to $200 every hour' to a different one if they follow the alternative method which you guys have said above.
To be honest with you, I do not think adding 2 extra decimal to the price of bitcoin on their account will make sense, though I am still trying to understand perfectly what exactly you mean by this, but then, it doesn't make sense.

If you check, freebitco never displays bitcoin in their dollar value, they have always displayed the amount of bitcoin a user can win in bitcoin itself, not just in the faucets, but also in the lottery and others.
This is something I personally think they should maintain, turning around now to start displaying potential win amounts in the dollar value of bitcoin will not only create confusion, but will also create a lot of work for them since they will have to find a way to keep the site updated of bitcoin prices in real time, and since bitcoin is a very volatile asset, this could significantly slow down the speed of the site.

The best alternative so far, is to keep the reward as it is, and increase the timing, like to every 1 hour, 30 minutes, or every 2 hours.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?
Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.
Maybe increasing the faucet reset timer to 2 hours from 1 hour will be the perfect solution in that case. But TheQuin had described about a different solution. They may add 2 extra decimal to the Bitcoin amount on their website to give $0.002 base reward on each hourly faucet claim. However, Freebitco team have to change their slogan 'win up to $200 every hour' to a different one if they follow the alternative method which you guys have said above.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?

Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.
Yeah, I also buy into what you have said.
First, let me say that what Saint-loup asked is indeed an interesting question, and it's one I personally have thought about some time ago, but didn't bother asking here, what I do think is that they have two options..
When ever they feel the price of bitcoin have become too expensive that they can no longer pay 1 Satoshi minimum on hourly basis, since 1 Satoshi is the smallest and last unit of bitcoin, they will either have to stop the faucet, or reduce the claiming time, they can or may reduce the claiming time from the current hourly basis to maybe one time every two hours or more.

This is what avive did (those who participated in avive airdrop will understand what I am talking about.
Avive used to give users about 86 satoshi per day, that is, one could claim 86 satoshi once everyday, but as time progressed, it become once every three days, from this, it became once per week, and right now, I think they have turned it to one time every 3 weeks or a month.

Freebitco could borrow an idea from that to know what to do when the price of bitcoin becomes more and more expensive and they can no longer pay 1 satoshi every hours to their faucet participants.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
What will happen if the base reward fall under 1 sat? they will stop the faucet or they will only allow users to claim it every 2hours?

Interesting question. Nobody knows but likely they would reduce the claim interval to maybe like twice daily? Something that other faucets have been doing.
If the price of bitcoin continues to increase maybe it will become 1 satoshi, currently my hourly income from free spins is only 6 satoshi and even then I always activate the 500% bonus by exchanging my RP so I can get 21 satoshi every hour, but still it won't help at all when the price of bitcoin increases and I can't guess what they will do when the free spins become 1 satoshi, it's possible that what you say is also true where each user is limited to claiming it every day.

But it's best to wait for the latest news from this site so that it becomes clearer what all the users will get next, I think maybe that's why the referral bonus promotion has been increased so that all users want to invite and promote this site to other people, but it seems very difficult to get referrals now, let alone get spins. a little freebies might not make them enthusiastic about doing it every hour, but whatever it is there should be a change in the minimum withdrawal amount so that it is lowered at least users can withdraw their money more easily because it is very big if the minimum withdrawal is 30k satoshi and also exchange RP to BTC I think reduced by a minimum of 10k RP so that you can exchange it easily because income is decreasing, there should be other reductions as well, not only free spins and WOF prizes.
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