Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 207. (Read 567840 times)

'As soon as' is probably not a suitable words to use in the context. I personally believe that in the longer terms, ETF approval is going to be one of the main reason that the price increases but to be fair the price has been increasing by significant amount since the last 6 months. Thats roughly the time that some of us heard of this ETF approval issue so yeah price spiked and people sold some of their stash, its normal

I guess most people are going to lose their prediction this month huh but yeah its still a week to go, price could still rally

Betting on the bitcoin price prediction has become a very difficult mission these days since the Bitcoin ETF was approved, it seems that the high expectations that existed around this approval have become something that people have started to look at with less enthusiasm, I I remember that before this SEC approval, there were many analysts making predictions that the price would rise a lot as soon as the SEC approved it, they were already talking about bitcoin prices reaching more than $80,000, I even started to think if maybe it was the case for me too I made a bet on the price of bitcoin reaching high levels, but it always crossed my mind that I could make a mistake and lose money. but when I went on social media and read those price predictions made by those guys

I confess that my desire to bet that the price would rise a lot was so great that even I thought about placing an amount of money that was greater than that which I always put into each of my bets. It turns out that I went to buy bitcoin thinking that the price would go up a lot and that I would take a part to also place my bets, but after the approval of bitcoin etf, the price of bitcoin started to fall a lot and entered the downtrend and risks a lot to return to price levels below $30,000 and this could last a few months, looking at the next few months when we will have bitcoin halving, so I predict that the price of bitcoin will start to rise gradually, but even so it will be very difficult to get the prediction right. prices

Hype is before Bitcoin ETF approvals, not after SEC announcement and approvals. There are hype before and after SEC approvals but before is bigger and last some months. Price was already reflected in four months before the approvals in January 2024.

True investors have strong confidence which is not broken by a 20% correction. From $49,000 to today price, it is about - 20% correction.

People who are panic and fearful now are traders or speculators and they are not actual Bitcoin investors. Newbies can feel fearful too and they need more correction experience like this one, to mature and understand more about this market. Some of newbies will successfully upgrade themselves and become diamond-handed Bitcoin investors in next cycles.

1-2 years? The interest rate on their investment without premium is 4.08% and with premium is 5.1-ish that means a minimum of 25years or 20years respectively to turn 1BTC to 2BTC. Where are you getting 1-2years from?

Of course I want them to run for longer than that. We should dwell on the negative and keep our vision on the positives. Since the site has a solid business model of brining in money and paying out money, they should sustain long enough for all of us to ROI and profit beyond that.

People sold their coins, that is all. Why drag in SEC into this, let them say what they want.

Looks liked we are going down, but I sincerely hope it be but for a moment, it turned out that the SEC were wiser than we all thought, they managed to manipulate the ETF approval news, and turned it's effect into a "sell the news" kind of thing, when we were all hoping that the ETF approval will usher us in to another season of bull run all through this year and the next year.

But then, hope's not lost, it is commonly said that when a old person takes something that belongs to a child and raises his or her hands up, when his or her hand starts paining him or her, he or she will bring his or her hand down and the child will collect back that which is his or hers.

What am I saying in essence, we are yet to witness the pump that the ETF approval is supposed to bring to the price of bitcoin, and this is because SEC are holding that price pump hostage  , and when the time is right, they will release it and we all will witness another months of bull run.
Lets start accumulating even more bitcoin now that price is going down..

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Well, the BTC price has already dropped below $40k and is now in the $37.5k to $40k range, as previously thought. This was expected, but the problem is that it happened rather quickly. As a result, there are still 13 hours left until the end of betting, and the odds for this range have already dropped a lot. However, the odds for the range of $35k to $37,5k still look tempting.

I agree with you because there is a lot of abuse that may not be detected by the system which of course creates losses for the site as well and I think that by confiscating the funds of users who cheat and commit abuse it can be used to cover the losses that have been experienced by the site so this is not done for the purpose of personal interests, this will be a lesson for other users to be honest and not violate the terms and conditions on this site.

Freebitcoin has so far paid out a lot of people from their free spins faucet even lottery prizes and so on so why abuse it just to make a profit by creating accounts of more than 1 IP, I also don't know if this is a mistake or not sometimes someone has Another view is also that this error does not actually have to confiscate the user's funds from their deposit amount and only confiscates the funds that they have earned from this site. but the decision remains on this site, everyone must comply with the rules that have been set. Everyone has their own views but the decision has been made.

There are costs associated with trying to prevent cheaters from abusing your casino. Confiscating their balance isn't done out of self interest, it is a deterrent to prevent further abuse and also necessary to cover the costs imposed by dishonest users.

I don’t think they will close anytime soon, but you never know offcourse. If you have invested in the premium membership by buying some FUN tokens, than I think your ROI is about 1-2 years. Been a while since I last did some calculations, but if you take everything into account, your ROI is pretty fast.

Agreed about this all as we have too much hype after ETF approval, so mostly members are preventing to place bets about price prediction with most chances we can go for the $37K to $40K as well which is realistic even no one were expecting as few analyses showing this is going to have big booster and good increase in price after this all.
Now as we have investors confidence is low, and no good activity is coming with this all momentum can go down and within next few days we can have another drop which is brought this more troubling, but currently any prediction is not possible, but negativity is happening around which is not good for the price to stay at any positive figure.

They do have a great business that has been lasting a long time and already have good reputation. From above posts, I have my first time to know about past addresses for Freebitco.in and if they still have it (but in new addresses), they actually have very big business fund.

They pay their users well and it's enough. I don't have needs to see their Proof of Reserve and I don't feel I need to see it because of my curiosity.

Have a casino, run it well, pay to winners well, all of them are enough for a trusted business and Freebitco.in clearly has it.

Site has been running from more than a decade now and I wish it to run for several more (so I can ROI in time  )

Of course the site can get bankrupt due to any reason but the admin has made sure to prevent the most stupid ones and has a decent running approach to earn and pay off its investors in time which means a smoothly functioning casino indeed.

We can speculate as to how the casino can shut down but it will not do us any good, rather take a advantage of the present and invest in freebitco.in while it exists.

The thing about questioning how much they own, would be only possible if you fear not getting paid enough at all. However we are talking about a place that is around 10+ years, it is about 2013 something, we are in 2024, so maybe like 10.5 years or something like that. This is why I think it should be quite important to remember they have not really required to show their situation at all.

For a place to be required of showing it, there should be a lack of trust, when a place has paid everyone for 10.5 years, you know they can be trusted without a doubt. I hope that we could show them some respect and trust that they have deserved by being so awesome for the long time. I believe that the best thing we could do would be just a regular situation without a much trouble.

Predictions will close in one day and the current pool is very small so it seems that many freebitcoin users are not too confident in taking part in this prediction event because of the uncertainty in BTC and ETH prices lately which tend to be very stable and unpredictable, but for some traders who understand charts will probably understand where the current price movement is going, at least they know and participate in the BTC and ETH price predictions here.

It is possible that the price will touch below $40k in a short time but I am not sure that it will be right on January 31, possibly the price could be at the predicted $37,501 - $40,000
but the most likely thing is that at $40,001 - $45,000 they will maintain that price above $40k in the next few days, if that continues until the daily trend goes up again then the weekly charts will also return to an uptrend.

But I remain confident that the price will soar in the end so still the bitcoin halving will determine the final outcome compared to the ETF news out there. one more thing people will not sell it cheaply because probably most people know about the 4 year cycle. 

Its been a long when I last participated in your lottery Freebitco.in , and also its been quite a long when I last log into
my account , but now that You have got my interest again maybe I will spend some time and check if there are still
funds in my account (may consider depositing as well if none available funds)For those long years , their Faucet is paying satoshis freely every hour so Having cheaters and abusers is already in the
table but the business stays strong up to now.

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For several years they used these static addresses for making withdrawals.


About 4 months ago they switched to using a fresh address for every transaction. We can't follow their activity as precisely anymore but like with any custodial service we should understand the risks and only trust them with an amount we are willing to lose. They still have an excellent reputation and since complaints of missing payouts are very rare I can assume that hundreds of people are successfully withdrawing each day just like they have been for many years.

Not really sure what you are trying to say. But it is not because they catch multi accounts that they need to increase the rewards for the other members. They have been online and paying since 2013 and I recently withdrew a nice amount from them and received it in less than 1 hour.

They hold majority of the BTC in cold wallet address. wetsuit had posted their cold storage address in 2017 (see here), but they have moved Bitcoin from that address on the August month of the same year. They were using a different address to keep users Bitcoin after that.

TheQuin had posted another address which has been widely used by Freebitco team as hot wallet. But they have stopped using that address too. I'm not sure whether they are using any address as 'hot wallet address' or not. But currently there is no clear information about their cold wallet address.