Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 179. (Read 565954 times)

Oh I will create a scam accusation with all the evidence pretty soon. I'm only waiting for TheQuin to come online without responding to me, then I'll go ahead to create one, I've never had any problem with their platform in the past but if TheQuin comes online and fails to address my complaint then I will definitely create a scam accusation against them.

First of all, I'm skeptical that just two dudes are running everything here.  That seems crazy since they apparently also helm that FUN token thing plus at least a couple other gambling sites like DPlay and Club Riches.  I guess maybe they've got various teams handling the different platforms.  But even so, no way FreeBitco.in has only a duo at the helm. 

Like, this whole operation seems pretty massive, right? Just handling the free Bitcoin faucet aspect alone is likely a beast and  then you've got the casino and betting games too on top of that.  Sheesh.  So while maybe these two founders kickstarted FreeBitco.in originally, that still doesn't mean that only those two guys are behind the whole site now.

As in last few months I am also concerned about this all because suddenly they are having not proper response of customers messages and now many issues are taking too much time things like these are creating feud about them, and also we have only two persons which are running this all for years and no other details are available.
With this all no doubt all concerns are valid, but good thing happen we have no proper scam accusation or any complaint about them which is also positive development and many big whales are withdrawing their money without any problem so if this all is going without any problem then surely no need of worry just do your stuff and wait for the development hopefully they will do something in near future as they are running this all for the last 10 years.

I don't know where Wetsuit is from, but his name should be Samuel Das, according to

https://funtoken.io/fun-token-the-future-is-bright-with-new-leadership/

Note that he remained ceo of fun token only a few months: now there is a new ceo

https://funtoken.io/introducing-our-new-ceo-david-dobrovitsky-leads-funtoken-into-the-future/

I wonder if this is good news for fun token (and for freebitco.in)...

They've held my money for over 6 months, without responding to any of my mails. Do you think it makes any sense? They have a non functioning customer support and you think that is not a reason for concern? LOL. What a joke!

The points:

1) A call for them to fix the broken faucet.

2) Sharing experience as faucet owners for the past 6+ years.

3) Referring to the experience of delays with withdrawals, we know where it's coming from.

At least thanks for posting straightforward here without BS, it's appreciated.

Seriously, what's your point? What do you want to say? Okay, understood that, as you say, freebitco will fail but why is that your problem? This is one of the oldest and well-trusted bitcoin faucet and casino, why should it fail? This website is not solely bitcoin faucet like it was years ago, so, they have already changed their business model, faucet is just an addition. There are many crypto casinos that have bitcoin faucet, similar to freebitco's faucet and they haven't failed.
If you get paid from them with 128k+ referrals, then what's your problem? Maybe you are wrong and their business model works perfectly.

I have already pointed out that this is not true and that your video is highly subjective and opinion based. You have cherry-picked information that fits your narrative and ignored the rest.


As far as I am aware, nothing major has changed with freebitco.in compared to 7-8 years ago. (Correct me if I'm wrong as I didn't use the platform back then.) There's no point in discussing "What ifs..."


You want them to succeed? We are talking about the longest-running Bitcoin faucet and a gambling platform that has operated for over a decade with no major issues or scam accusations. That sounds like success to me!

You indeed worry about valid points but some posters here worry about our intentions of "spamming" the board with some youtube videos that have nothing but concrete information to provide as well as our own experience, let alone so many users here who indeed post nonsese in other topics and such, so yes, you make valid points that need to be addressed.


Back to this topic where you raised several questions against us:

https://bitcointalksearch.org/topic/the-downfall-of-freebitcoin-youtube-5487189

Maybe 7-8 years ago everything was fine, you do understand users have no way of getting in touch with them ... what if you have 1 BTC stuck there? Try to take it a few steps forward.

Again, as mentioned in the topic/video we want them to succeed, we get paid on a weekly basis from them with 128k+ referrals, but how this contradicts the fact there are serious issues here?

Because some people want to have reassurance that their money is being managed properly. I know of a few high rollers (10 bitcoins + ) who moved all their coins off freebitco.in because there was so little information on them and when they heard the two guys operating the site had no backup plan if shit hit the fan.

Why is this a problem?  This hasn't been a problem for the past 10+ years, why would it be a problem now?  As long as everything works as it should and the site pays.

I believe the Quinn is from the UK. I'm sure the website itself is registered to an address in Panama or somewhere like that. I'm not sure about Wetsuit, and I think there might be 1 other guy at most. But again, this is the problem with them - 0 transparency about who they are, where they operate from etc.

is it known where are they from ?? Only 2 people it seems impossible to me . I don t call them scammer but i would like to see more transparency by thei side .

This thread has piqued my interest because I have often wondered about the sustainability of freebitco.in.

They' been going a long long time, so its apparent they were either mining heavily back in 2012 onwards, or invested in Bitcoin when the price was very very low, so I have no doubt they have cold wallets with amounts of Bitcoin that would make the average persons mouth water. Their business model is questionable though, they get pounded by bots and people trying to cheat their referral system and despite their best efforts, I imagine some of the more sophisticated ones are flying under the radar and bleeding sats from them.

The main concern for me was that they are a tiny operation (2 or 3 people at most) and have absolutely NO contingency plan if shit was to hit the fan. I questioned the Quinn a while back about this, and his arrogance about it was quite amusing. They have no backup plan if something bad was to happen to them. They were absolutely no interested in putting my mind at rest in regards to the safety of our Coins on their platform. In other words, if shit does hit the fan (god forbid, something was to happen to the only 2 guys running the site), then most likely you can kiss your Bit[Suspicious link removed]dbye.

When I found this out I withdraw 90% of my balance on there. I was never a high roller, but I had a fair bit over 1 Bitcoin on their platform and earnt interest daily, but after what the Quinn said, I knew that their operation was fragile and could crumble at any moment.

I'd urge people to consider how much they leave on freebitco.in. The free interest sure is tempting, but there is absolutely no insurance or backup plan that your coins are safe on there. By now means am I calling these guys scammers, but considering they now probably have potentially hundreds of millions of dollars in Bitcoin in cold wallets, at the end of the day they are just 2 guys, with very very very little information about them. They are not a legitimate business, they have no real customer support, their registered address is most likely just a PO box offshore somewhere.

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and what i cant understand is this lack of communication from them. .
Also some has been paid the famous 5$ from posting the winning ??

Not every month there is a moment like last February where Bitcoin happened to be in an uptrend position at the end of the month and the winner with a bigger multiplier got it, but don't ever try in the next month or this March because it will definitely be different. Not all moments are there at the end of every month. Last February, it was just a coincidence. If you look at the analysis, the price of Bitcoin should indeed increase every week, right at the end of February, Bitcoin is going up very fast.

Not all bettors are lucky betting on high price predictions even though with the chance of a bigger multiplier in the last month not many people bet there but with a bet of 1000 or 2000 satoshi placed at a price of $60,001 - $65,000 it is better to look for luck, sometimes we don't know whether Moments like last February will happen again at the end of this month, so we can only see how the Bitcoin price moves, but I think there will be a correction and it is possible that the Bitcoin price will fall drastically, approaching the halving, either before or after, don't be too hasty in betting that the predictions for this month are still there. time for us to analyze it, but I believe the price will be different from last month.

That's what Moonbit thought a few years ago.
That's what CoinPot thought until they shut down in February 2021.
That's what CoinPayU thought until they shut down their faucet last Christmas of 2023.
That's what BCGame initially did with their lucky spin until they were smart enough to allow only users who level up to use it.

We thought so too, it's a small amount, what's the problem?! Nothing's gonna happen.

So no, this is wrong.

If FreeBitco.in won't do anything about its business model - hypothetically speaking shutting down their site would be more profitable than having it live. It sounds impossible, these guys are simply sleeping giant, they won't crash.

You can have as much gambling as you want on your site, if the amount of bots & fraudsters is larger than your profits you would have a negative book.

Do you have any idea how quickly bots & fraudsters can drain you? 1 satoshi sounds so little, but here's the math:

10,000 bot accounts x 1 satoshi = 0.0001 BTC
Add 50% Referral Commissions and you have a total of = 0.00015 BTC

That's just one roll, one, and it is offered every hour!

Bots work on a 24 hours a day basis, so 0.00015 x 24 = 0.0036

Get 1000s of those and 0.0036 x 1000 = 3.6 BTC

All of a sudden you realize you owe so many users so much, but guess what, these users aren't real or at least not genuine but they are very sophisticated.

In our blog we show a few examples of bots who were using our sites, people were proud to brag about it with blog articles and more.

Now go fight with them, they would contact your support asking why their withdrawal is not being processed - so initially you respond, but when your book has so many negative numbers - you can't sustain it anymore!

The only smart thing FreeBitco.in did was to invest early in Bitcoin, buy tons of it for a few dollars for 1 BTC, and they started early - so many years ago they had the best smartest decisions ever.

But right now, if they won't do what BCGame did, if they won't even do what we did (Change it from once every hour to 1 daily) or at least every few hours or lower that 50% commission, good users would take it even with 20%, just do something ... if it's not too late already.

Users are saying these guys have 0 customer support - it's for a reason, and not a good one.

And the pending withdrawals genuine users experienced this week is only the first symptom.

Yes, the turth is harsh, but it's best to lay it out than wait for the bomb to explode.

I don't think that Freebitco is going to die. They are not only a faucet site anymore, they prioritize dice and bets events. They have many good promotions like Lambo, daily jackpot, lottery tickets and are probably one of the few ones that don't ask for KYC documents. Faucet reward is so low that to my mind, those who claim it, have to spend it again on games like Dice, I don't think there is really anyone who lives on faucet, I don't think freebitco would continue their business with loss. They have side projects like dplay, club riches, that offer many games and modern casino experience and even if freebitco dies, they'll prioritize these projects. Btw people still actively gamble on primedice.com, keep that in mind.

We started our own business in 2017 and Get-Paid.com in 2010 so all we care about right now is self-promotion? We're that desparate for a link?

No, the main thing isn't self-promotion, it's experience of many years running 20 faucets. We don't want freebitco.in to end up like this:

https://twitter.com/CoinPayU/status/1737804201986863294?s=20

"CoinPayU: For the past 6 months, we have been losing ~$500 daily to maintain it, as we know it is one of your eanring sources.But now we are not able to, and we have tried our best."

And you're so cocky and full of yourself, do you know what happened to their sister site, FreeDoge.co.in? No, maybe many of you don't know, but we know, it's in our blog, and we keep it on record:

https://freebitcoin.io/articles/what-happened-to-free-doge

Why don't you read and see that red screen these guys posted back then?

Oh yeah, I forgot, we're posting a ilnk to our blog for self-promotion, right?