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Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 36. (Read 558813 times)

newbie
Activity: 6
Merit: 0
Yesterday I deposited 50 usd, which was credited almost instantly. Deposits and withdrawals work as before.
https://s1.gifyu.com/images/S17SE.jpg

It's a completely wrong information.
I still didn't receive my FUN withdrawal dated the beginning of August.
Have the same situation as zenrol28 in his message with the error of erc20 transfer - ERC-20 Token Transfer Error (Unable to locate corresponding Transfer Event Logs), Check with Sender.


Other updates:

- FUN withdrawals.
I have noticed an increase in emails regarding customers not receiving their FUN withdrawals recently.
This has been investigated and we expect it to be resolved today.
If you have not received a FUN withdrawal that has already been requested and confirmed, within the next 48 hours, please send me a DM with the details so I can chase them individually.
Saying this, we expect any outstanding to be resolved imminently.

I requested for FUN withdrawal somewhere in August 8,
I received the confirmation email a week after, containing the TX as the proof of withdrawal.
But after checking the TX, no tokens were sent to my address as the transaction encountered a problem.

- transaction history on fbtc site
https://i.postimg.cc/d0qz07bL/fbtcreport.png

- withdrawal confirmation email received
https://i.postimg.cc/zGws5wPs/fbtcreport00.png

- TX
https://i.postimg.cc/Dw39tp5Q/fbtcreport01.png

LINK TO TX: https://etherscan.io/tx/0x8883f67dc39c7af253fd02b83f4daf4fb09ed0de0b9b543aae516a740ea0963c

*Will update this when resolved. Thank you.  Smiley*

I only received the same an automated reply from Freebitcoin on my 4 tickets without any clear information from them.

CSFBC please pay attention to this case too.
legendary
Activity: 2996
Merit: 2229
Hmm, according to that roadmap, there is a plan for a Telegram mini app and a NFT game:

"Q3 2024 Telegram Engagement Game
Telegram Mini-App casual game that delivers small rewards to high scorers."

"Q4 2024 Casual NFT Game
Flappy Birds-like game with rewards for high scores and new skins ans characters available for purchase."

It's worth noting that there's still a lot of hype around the tap mini-apps in Telegram since some projects can distribute airdrops. And it seems that the developers of the FUN token realize this and want to attract a new audience since they decided to create an app there. I even wonder if the app in Telegram will provoke a new demand for the FUN token and whether the Freebitcoin team will be involved or not.
newbie
Activity: 1
Merit: 0
So we know they just decativated all spins and therefore are scammers

Is this sarcasm?
sr. member
Activity: 1360
Merit: 257
Here we can find the FUN RoadMap for 2024 and beyond, perhaps these innovations can lead to an improvement and greater use of crypto: https://funtoken.io/road-map
Hmm, according to that roadmap, there is a plan for a Telegram mini app and a NFT game:

"Q3 2024 Telegram Engagement Game
Telegram Mini-App casual game that delivers small rewards to high scorers."

"Q4 2024 Casual NFT Game
Flappy Birds-like game with rewards for high scores and new skins ans characters available for purchase."
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
They are accurate because they are calculated manually by my membership, counting all the spin wheels made with the relative amounts.
Tickets do not count towards the return on investment, only satoshi, points and any special prizes, also because there is no guarantee of winning in the lotteries, so they are not part of the ROI.

Individual results will always vary and may end up being worse or better than what is expected according to probability. Your results are only a statistical sample. To determine the specific odds of getting each prize we can look at the prize table. The only exception is the Rolex prize which has much lower odds than 1 in 1,000,000 because of how they round the result of the provably fair formula. The odds were not always the same, so depending on what data you are using in your sample, it might skew your perception of what the odds are today.

Here we can find the FUN RoadMap for 2024 and beyond, perhaps these innovations can lead to an improvement and greater use of crypto: https://funtoken.io/road-map

The token has gone through several rebrandings since its ICO. They have yet to find an approach that is successful. Their most recent “innovation” is a lottery game that costs $10 per ticket and the 1st place prize is only $150. It sounds like a really terrible deal. https://medium.com/@FUNtoken/introducing-the-funtoken-lottery-program-co-powered-by-funhub-8283b31dca76
STT
legendary
Activity: 4088
Merit: 1452
Staying with the gloom theme, if Bitcoin can sell off this month it might break the boundaries even and give me a nice volatile bet result.    Odds for 300 to 1 for getting near to 40k, to me in my reckless imagination it seems fair to take.   Not saying I even think its probable just possible so I'd like to win that bet tbh.


Price and value are two separate things, I dont have a negative take on BTC  (but expect erratic action) .For betting you want the unexpected to be possible on the large returns front.
   Maybe its too close to the start of month, it wont be the same later and certainly if we keep confirming a negative outlook it cant stay the same.    Very often it nearly occurs and we bounce denying that payday, but 50k is where price should bottom so Im already saying maybe it just falls off the chart.  Its only 2024 prices, it can happen but probably wont so Iam just supposing.
full member
Activity: 198
Merit: 100
I can still buy WOF 1 spin every day and immediately play it

I can still activate WOF bonus under rewards tab and after every free roll can immediately play all 5 of the WOF spins

So we know they just decativated all spins and therefore are scammers

have a nice day
jr. member
Activity: 65
Merit: 9
I could really appreciate some news, information, gossip, whatever.  Thanks. Shocked Cry

There have been a few recaps of the situation so I present to you The Recap of Recaps:

Here's a recap on what I gathered of the Freebitco.in situation:
  • People got hacked and their deposit/withdraw address manipulated.
    • The costumer support replied with: "nah bro, everything is fine, we thoroughly checked, must have been the wind a virus."
  • TheQuin, which used to be the official costumer support of freebitco.in for the longest time, disappeared leaving the site without support for months.
    • The costumer support said that he's now focusing on the fun part of the business (fraud prevention) and that they are hiring a professional team
  • There were hiccups where withdrawals and emails wouldn't go through for a couple of days.
    • The costumer support disclosed that it was an issue with their mailing servers and that after giving it time to clear the backlog everything would return to normal.
      • Everything did in fact return to normal.
  • Somewhere among this this thread got flagged as "high risk".
  • The new user CSFBC appeared and declared that he was now taking care of the costumer support, the professional team is here, ready to restore the law in this town support and assist with all your questions. (These guys use extensive boilerplate and corporate speech in their messages. Is it and improvement over the frequently overly rude TheQuin messages? You decide!)
    • The costumer support hasn't commented since the 20th of June, after two whole days of hard work, they at least seem to be alive logging in at least once a day.
  • The cold storage wallet is still not officially disclosed, but a community member found this multichain portfolio, whose bitcoins didn't have much movement for ~a year until a couple of days ago. A good portion of the BTCs seem to have been converted to interest bearing ETH. (Is it an investment play? Are they risking our deposits? Nothing bad with a "side-hustle" with all that cash, I would just love some transparency)
    • The costumer support said that he would look into the status of upgrading the wallet system.
  • People have reported not receiving the free Wheel Of Fortune spins despite holding FUN tokens on the website.
    • The costumer support didn't comment on this
  • The "logout" button a the top right corner doesn't work and probably hasn't been working for a while. It feels like the website has no developers behind it, and it's slowly falling apart...
    • The costumer support didn't comment on this

I'd like to also point out that the address is now empty of either Bitcoin or Ethereum.

They seem to have been funnelled to this address which seems to be the crypto exchange Bybit. They are cashing out?  Huh
I am republishing the updated list with feedback so that everyone has a complete view...

This is the current situation.
1) Currently what works:
- Points and Tickets every Faucet Roll.
- Spin Wheel, credits all types of prizes (Satoshis, Points, Tickets, etc...).
- Satoshi Bonus in faucet roll (for those who have it active).
- % extra interests per satoshi (over 30000) available in the account, if you have the Premium active.
- Decrease % of Bonus Faceut advancement for each Spin Wheel played.
- Dice Game.
- The Daily Jackpot of the Dice.
- Points credited every 500 satoshis played in the Dice.
- Tickets credited every 500 satoshis played in the Dice.
- Elegible or Selectable bonus every Wagers Volume completed in the Dice (in the Dice game section).
- % of Bonus Faucet advancement every Wagers Volume completed in the Dice.
- % cashback of wager volume, if you have a Premium activated.
- Locked FUNTokens that do not unlock even after the period expires (sometimes they unlock late)
- Slow Withdrawal.
- Deposits (credited on site at least 24+ hour(s) later).
- Subscription email, with news and 1 free spin wheel.
- Site Blog (still updated https://freebitco.in/site/blogs/)
- X (Ex Twitter) news update (https://x.com/freebitco).
2) Currently what does not work:
- Daily Wheel Spin credit if you have the Premium, based on membership adquired.
- Instant Withdrawal sometime don't work (other yes).

If anyone knows of any other features on the site that are not working or have stopped working, please let everyone know.


At the moment there are no communications from the staff or owner of the site to know if the features will be reactivated (and when) or if they will be replaced by something else, so everyone will decide what to do.
+New Freebitco.in issue unlocked: "Sometimes deposits aren't credited"

My (old) assessment of their whole business:
[...]
3LaNNTg87XjTtXAqs55WV5DyWASEZizCXZ is one of our hot wallets we use for payouts. The other is 329koRvovTyNnd4ADrpR2uJHzXxfvKxta5.

When you deposit to us we sweep funds greater than 0.00050000 to 1Fu3iBR2EMQWeYGi3XvrPmcPUkne8ZWj9h
There is currently 229 BTC of dust deposits that haven't been swept.

That address then either funds the 2 payout hot wallets or sends it to cold storage at 3CZM2Y6AqieFZE1RAbvXYi7hExx1zSb5R1

It is when that wallet is used to fund the hot wallets that the change addresses are used. (eg. https://btc.com/35e79400c98284bf52ea791dbefb6efe38b6d32d7353eab2a239a7ff7b2c17fe)

I have compiled a list of good and bad things about Freebitcoin that are of concern from the safety standpoint. If it's not already clear, I am judging their trustworthiness more from the point of view as the website being a "BTC savings account with a casino attached" rather than the opposite.

The bad:
  • The addresses quoted above are now empty, I haven't seen any other proof of address posted anywhere
  • For quite some time now (at least ~October 2023) the STATS page of the website is broken and doesn't show anymore the active users/funds held by freebitcoin nor the amount of BTC bet/won. I seem to remember that they used to also provide the last website deposits and payments that they sent, are those features broken too?
  • Somehow (thankfully) they are still avoiding KYC regulations tightening all around the world, which probably makes them completely invulnerable in case something bad were to happen to the funds!
  • The whole FUN endeavour seems to have been quite a flop and development has stalled (I know FUN and fb aren't the same thing, but they seem heavily involved/exposed)
  • The website on the EARN BTC page still says that they are using Trezor rather than Ledger as in the first sentence of the quoted text above (it's a nitpick, yes, but if that is wrong, what else is?)
  • The site seems to still be run by only two fully anonymous people (wetsuit and TheQuin)
  • Except some recent outliers the weekly lottery tickets numbers seem to have been steadily decreasing, is it sign of a diminishing user base?
  • Despite the bust of most other crypto interest-earning websites, they still offer a very solid 4.08% on the deposited BTC, which is upgradable through Premium to 5.1% for what is now very little money, compared to when FUN first launched: around 2.5k$ (it was around 15k$ when Freebitcoin+FUN was announced).

The good:
  • It seems like that most things are automated
  • They seem to operate directly in BTC (thus avoiding volatility of BTC vs fiat)
  • They have good house margins and good betting mechanisms
  • Only two people (wetsuit and TheQuin) seem to have access to the funds, which makes them more strong against internal theft
  • They have been around for a long time
I still mostly trust Freebitcoin only because of these reasons, but being more transparent about how the funds are managed should be a priority given the anonymity and likely complete legal immunity that they have managed to keep.

CSFBC hasn't been online on this forum since 19-08-2024.



Multiple times the support has said that they are working on the issues, but don't believe there is a single dev that knows the system and is working on it.

This website used to be the pinnacle of transparency, you were able know how the website was doing monetarily, you were able to check that they had the BTC in custody, TheQuin would talk to you straight and, hell when the website sometimes went down TheQuin would come out and say how the issue was a specific thing X in database Y, etc... but is now the opposite...  I'd classify putting BTC in this website as "HIGH RISK, DON'T DO IT".
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Today I just checked my account, collected the interest paid for locking FUN and sold it for BTC profit. These features are still working fine for me, but I haven't tried to withdraw lately.

The truth is it's a shame, this platform under which many of us were trained and welcomed us to the crypto world and at the same time to the casinos, I would like things to be resolved, but I see it as very difficult, lack of capital? something is missing , but in short they should manage to recover everything, it is a great infrastructure, the truth is the atmosphere of the data games is simple but very pleasant, it gives something traditional and at the same time current, that's why I would like this platform to recover, maybe time will tell.

You are absolutely right, I have said this here a couple of times that I came to know about crypto currency after I was introduced to an ico by a friend of mine, this was way back late 2015, I and several others invested money but at the end, it was a scam, the Dev took all our money and ran away.
By this time, I honestly did not know anything about bitcoin or cryptocurrencies, I was simply under the guidance of the dude that referred me to the ico, after the project turned out to be a scam, the dude who referred me focused on his own stuff and stopped communicating with me and the rest of others he referred.

So on my own, I started to want to know more about cryptocurrencies, bitcoin specially, I google searched, and came across this forum, as well as freebitco site, I first read some posts about bitcoin here, got interested and wanted to own some bitcoin but I didn't have money or even know how to buy it at the time since fiat to crypto conversation services and process was limited and very complicated at the time, I began to search for how to get bitcoin for free, this was when I came across freebitco.in, I signed up on the site and started Fauceting for free bitcoin every hour, I earned bitcoins worth over $30 (at the time) from this site, and this was how I began my journey in crypto.

Freebitco is legendary to be honest, and if I had the capability and means, I would do any thing to make sure this site stays without any issues for as long as crypto exists, but unfortunately, what ever have a start must have an end, and when that end comes, there is really nothing we can do about it
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Today I just checked my account, collected the interest paid for locking FUN and sold it for BTC profit. These features are still working fine for me, but I haven't tried to withdraw lately.

The truth is it's a shame, this platform under which many of us were trained and welcomed us to the crypto world and at the same time to the casinos, I would like things to be resolved, but I see it as very difficult, lack of capital? something is missing , but in short they should manage to recover everything, it is a great infrastructure, the truth is the atmosphere of the data games is simple but very pleasant, it gives something traditional and at the same time current, that's why I would like this platform to recover, maybe time will tell.


The fact is that they didn't bother to callout the issues on the site by themselves or cared to fix it.
If lack of capital was an issue, which I don't think so since they're operating from so many years, then they could have raised funds to hire some developers and get the site fixed.
Freebitco.in having such a huge reputation would have easily got a hefty donation and raised funds.
But they rather chose to let their reputation go down the drain.
jr. member
Activity: 49
Merit: 1
Yesterday I deposited 50 usd, which was credited almost instantly. Deposits and withdrawals work as before.
jr. member
Activity: 54
Merit: 1
Be careful with deposits. As a few days ago, I have made a deposit from outside, it has been confirmed for more than 1 hour and has not been credited to FBC.
Ooops
I am also facing exactly the same issue
It pass till this moment 3 hours since confirmed and has not been credited to Freebitco
Confirm of receiving the amount

Thanks a lot @Mohd1983,

Mine has arrived now. It took 3 hours but it is already credited.
newbie
Activity: 8
Merit: 1
Be careful with deposits. As a few days ago, I have made a deposit from outside, it has been confirmed for more than 1 hour and has not been credited to FBC.
Ooops
I am also facing exactly the same issue
It pass till this moment 3 hours since confirmed and has not been credited to Freebitco
Confirm of receiving the amount
newbie
Activity: 28
Merit: 2
The average cannot be done like this, the spin has 4 types of prizes:
1) common (15/50 Sat/Points/Tickets)
2) uncommon (150-500/1500-5000 Sat/Points/Tickets)
3) rare (1/5/50 Golden tickets)
4) special (500$ giftcard, Iphone, Rolex)

Point 4 has an extremely rare probability, it is like winning a jackpot of a national game/lottery.
Point 3 has a probability of about 1%.
Point 2 has a probability of about 3-4%.
Point 1 is the one that comes out with a probability of about 95+%, of which as said 1/3 are tickets.

So we need to calculate a weighted average of point 1, with some exceptions of point 2 and extraordinary 3 and 4.

Those probabilities are not accurate. To get an uncommon prize, there is a 1.1% probability if you include lottery tickets, without tickets it is 0.6%. Another thing is that even if the uncommon prizes have a low probability they still made up a proportionately higher amount of your rewards in the beginning. The 5000 prize is 100x larger than the base prize but the odds were initially much better than 1/100th of the base reward’s odds.
They are accurate because they are calculated manually by my membership, counting all the spin wheels made with the relative amounts.
Tickets do not count towards the return on investment, only satoshi, points and any special prizes, also because there is no guarantee of winning in the lotteries, so they are not part of the ROI.

That is from 1/83rd to 1/125th of the investment.
If the annual returns had been 1/125th at the beginning, nobody would have invested in something where it might take over a century to recoup that investment.
instead it is like this, but we are only talking about the spins, obviously we have the APY and possibly the interests for the satoshis deposited, so it is higher, but the spins returned an average of that ROI, today it reaches over 4 times, this would explain why they have deactivated them and the other features are active.

Regardless of how you want to calculate returns, becoming a premium member is something that currently requires an extremely long time to reach any meaningful ROI. These slow and steady returns should not be unsustainable but perhaps there are other costs which we haven’t been factoring. FUN isn’t a token they created themselves, it is something which they paid to acquire. Promoting and developing the token also have a cost and they might have taken significant losses from all this.
We agree on this, all non-SCAM investments have slow ROIs, also because they have to generate revenues with which the same ROIs are then paid.

Here we can find the FUN RoadMap for 2024 and beyond, perhaps these innovations can lead to an improvement and greater use of crypto: https://funtoken.io/road-map
newbie
Activity: 8
Merit: 1
Be careful with deposits. As a few days ago, I have made a deposit from outside, it has been confirmed for more than 1 hour and has not been credited to FBC.
Ooops
I am also facing exactly the same issue
It pass till this moment 3 hours since confirmed and has not been credited to Freebitco
jr. member
Activity: 54
Merit: 1
Be careful with deposits. As a few days ago, I have made a deposit from outside, it has been confirmed for more than 1 hour and has not been credited to FBC.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
The truth is it's a shame, this platform under which many of us were trained and welcomed us to the crypto world and at the same time to the casinos,

I hadn't thought about it, but now that you mention it, that's the way it is. I discovered this site even before the forum and it was the first cryptocurrency casino for me too.

something is missing , but in short they should manage to recover everything, it is a great infrastructure, the truth is the atmosphere of the data games is simple but very pleasant, it gives something traditional and at the same time current, that's why I would like this platform to recover, maybe time will tell.

Many of us think the same, but they have been malfunctioning for some time. A shame to see this with the great userbase they have and the money they must have made from the site.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
Today I just checked my account, collected the interest paid for locking FUN and sold it for BTC profit. These features are still working fine for me, but I haven't tried to withdraw lately.

The truth is it's a shame, this platform under which many of us were trained and welcomed us to the crypto world and at the same time to the casinos, I would like things to be resolved, but I see it as very difficult, lack of capital? something is missing , but in short they should manage to recover everything, it is a great infrastructure, the truth is the atmosphere of the data games is simple but very pleasant, it gives something traditional and at the same time current, that's why I would like this platform to recover, maybe time will tell.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
I could really appreciate some news, information, gossip, whatever.  Thanks. Shocked Cry
Support comes on this thread from times to times to leave a message saying they are working to fix the issues and errors on the platform, but such problems are never fixed. Issues are going on for several months already without any solid reaction from freebitco.in, while the issue with daily WoF spins not being credited are going on for more than one month.

There isn't much to expect from this platform anymore, I suppose.

Today I just checked my account, collected the interest paid for locking FUN and sold it for BTC profit. These features are still working fine for me, but I haven't tried to withdraw lately.
newbie
Activity: 2
Merit: 0
Yes, I realize this is my first post and I am very new. All I am looking for is some new information about FB.

There is no news like new news; can or do you know what the heck is going on at support?

I send email and get "we will pick up your ticket soon".

My free spins began to work again last week for about 3 days then quit again. I have not received the free spins
that they told me I would get, eventually. Their replies said they are working on the issue and now they aren't
even replying. It's been several weeks since we lost the daily free spins.

Has anyone gone to the UK gambling entertainment "government complaint process" to find out what is going on?
That was going to be my next step but I can't do anything until eight weeks has gone by and that date is coming up soon.

Do you have any information at all? I played their hi/lo game and lost everything I had built up that I didn't have in my savings portion.
I have been building this account for over 8 years now and I don't understand why these people are so rude to their players?

I could really appreciate some news, information, gossip, whatever.  Thanks. Shocked Cry
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