Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 722. (Read 562394 times)

Quote from: Chikito on May 23, 2021, 06:54:06 AM

Can anyone explain the interest payout here? It's only a 1 sat difference, but I just don't get it?

there is 4.08% annual interest, you have to divide by a month and a day, but if you still confusing about that, maybe you have to read in the FAQ I quote;

Quote

Daily interest will be calculated at a random time everyday @ 0.0109589% per day

Sure, sure, but how do I get less interest when I have a higher balance?

This has also happened to me before. I think it is a rounding thing. If they credit you with the precise amount it would be 9.8 satoshis. Since satoshis is the lowest denomination for bitcoin they can't give you a fraction so they end up giving you an extra sat every few days.

No you are wrong, freebitco.in doesn't give extra sats AFAIK. It just rounds the daily interest payment to the upper number of satoshis some days and rounds it to the lower number of satoshis the other days. Hence if you compute the rolling average of the daily interest payments earned on several days(10 days for example) you will certainly get the expected amount of satoshis owed.

Can anyone explain the interest payout here? It's only a 1 sat difference, but I just don't get it?

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Quote from: Chikito on May 23, 2021, 06:54:06 AM

Quote from: Yogee on May 26, 2021, 12:21:52 PM

Can anyone explain the interest payout here? It's only a 1 sat difference, but I just don't get it?

there is 4.08% annual interest, you have to divide by a month and a day, but if you still confusing about that, maybe you have to read in the FAQ I quote;

Quote

Daily interest will be calculated at a random time everyday @ 0.0109589% per day

Sure, sure, but how do I get less interest when I have a higher balance?

This has also happened to me before. I think it is a rounding thing. If they credit you with the precise amount it would be 9.8 satoshis. Since satoshis is the lowest denomination for bitcoin they can't give you a fraction so they end up giving you an extra sat every few days.

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Quote from: freebitco.in PR on May 26, 2021, 02:58:48 AM

Sure, sure, but how do I get less interest when I have a higher balance?

Did you gamble your BTC during those periods in the screenshot? It's possible that the interest was calculated when your balance was down while gambling. It was not based on the balance that's reflected in your account since they calculate at random time.

Probably not, even it doesn't matter if he gambled with his balance. Because the chart shows the balance amount which gave him the interest and it gradually increased each day. That's an interesting thing, I have never observed the interest page. Maybe TheQuin can clarify about it. @NJ89, actually you received higher interest than you should. From the interest calculator I can see that it will give 9 satoshi for having the amount in account but you have received 10 satoshi in between.

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Bitcoin Deposit Bonus Activated!

10 Wheel of Fortune Free Spins every single time you deposit BTC at FreeBitco.in.

Every deposit counts, regardless of the amount. You can redeem the Free Spins immediately to spin the Wheel of Fortune

Don't you guys think that this could be somehow abused? I mean I know that it is very expensive to deposit money somewhere these days because bitcoin has a huge transaction cost right now, that is really not ideal and I understand why people assume that it wouldn't be a problem as well and wouldn't be abused but maybe somehow one person could find a solution?

I mean 10 tickets could be just 500 satoshi, or it could be something else, but it does look like it may worth the shot? I don't know, you guys are a huge company with insanely smart people behind it, I know simply just wetsuit and thequin and they are both wicked smart people and they probably calculated it and know what they are going to face with something like this and that is why I understand that they already know that it won't be a problem, it was just something that I faced and it is something I wanted to ask that and make sure they know the possibilities.

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Quote from: Chikito on May 23, 2021, 06:54:06 AM

...
Sure, sure, but how do I get less interest when I have a higher balance?

Did you gamble your BTC during those periods in the screenshot? It's possible that the interest was calculated when your balance was down while gambling. It was not based on the balance that's reflected in your account since they calculate at random time.

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Quote from: Text on May 26, 2021, 09:44:37 AM

Can anyone explain the interest payout here? It's only a 1 sat difference, but I just don't get it?

there is 4.08% annual interest, you have to divide by a month and a day, but if you still confusing about that, maybe you have to read in the FAQ I quote;

Quote

Daily interest will be calculated at a random time everyday @ 0.0109589% per day

Sure, sure, but how do I get less interest when I have a higher balance?

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Thanks for confirming this, there is probably no limit to how many deposits you can make for this bonus? This is the third time they are activating now if I'm not mistaken right? It's a pity my deposit the second time, it didn't reach the time frame. Can we find out how much BTC you are depositing? At least how many maybe? There is no minimum, so even if only 2,500 sats can be counted?

I don't think there's a limit as I've sent $1 worth of Bitcoin and still got credited with 10 spins.

However one thing is certain, if the site catches anybody abusing the feature by sending a bunch of dust transactions, then we might see the feature canceled or the account terminated; the latter more likely to happen.

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Quote from: Saint-loup on May 26, 2021, 07:43:34 AM

My second deposit cleared and yeah it's per deposit as I got another 10. The results are better this time
~snip

Thanks for confirming this, there is probably no limit to how many deposits you can make for this bonus? This is the third time they are activating now if I'm not mistaken right? It's a pity my deposit the second time, it didn't reach the time frame. Can we find out how much BTC you are depositing? At least how many maybe? There is no minimum, so even if only 2,500 sats can be counted?

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Quote from: LUCKMCFLY on May 25, 2021, 12:46:15 PM

Quote from: Saint-loup on May 25, 2021, 09:51:10 AM

Quote from: LUCKMCFLY on May 24, 2021, 07:52:33 PM

What happens is that the FUN token is still young, it barely has a short history, it is somewhat difficult to foster a community regarding the FUN token in a short time, the great advantage it has is due to the reputation of the site, It is known to be something protected or centralized by the platform, this is good because it is understood that it will not be a scam, but the uncertainty of the market in these times has been very high.

Although the price has not risen, it is not that it has fallen much, and that is a good sign before the market, because the fall in BTC bleed all the alts and tokens, except 3 or 4 alts, and this is because those that they are Hodlers who did not sell their fun tokens, they have only been relying on the token, in their future, I think that when Bitcoin rises in price, the Fun token will be sustained and with enough liquidity, very few tokens reach that level.

No you can't say FUN token is still young and it has a barely short history. FUN token is 4 years old now, that's older than most of current top200 cryptocurrencies, maybe you personally didn't know it before it has been acquired by Freebitcoin but it was a rather well known token in the cryptogambling industry and in the cryptoworld. And unfortunately I don't think it hasn't fallen much, falling from 0.050USD to 0.018 in two weeks is not a small dip for me. People currently mostly hold it to get bonuses in BTC on the Freebitcoin platform which quite strongly pegs it to BTC.

Of course, it is 4 years old, but if we take into account that the history of Bitcoin has fulfilled its normal market stages such as Accumulation and Distribution, taking into account that the bullish trend stage was completed and the subsequent stage that is the bearish trend stage to fall back into Accumulation, which for now is understood to be in a bullish trend; When comparing the history with the FUN tokens, this is left:

As I said before, it has not dropped so much, because the token follows the same direction as BTC, not at the level that BTC has but it has been maintained and compared to many tokens of course it has been maintained, in this case only the token responds to the market speculative as it should be. What apsa is that the concept at a speculative level is diverse according to our financial education, the token depends directly or indirectly from BTC, because it does not have a life of its own, and if there is a slight comparison with stocks in the stock market, even the bitcoin remains being young. As you said before, those who know it have been the players, the investors, those who have a lot of money to invest and they also see the characteristics and being at Freebitco.in, guarantee that it is a safe investment.

What are you talking about? Huh

The graphic above doesn't compare the history of FUN token with the history of BTC, it just shows the evolution of the price for the last 2 months. As I already told you above FUN is not a new token, born 2 months ago, it's a 4 years old token.
Moreover as I already told you too FUN has dropped from 0.050 to 0.020 in less than 3 weeks while BTC has still not dropped from 50 000$ to 20 000$ so you can't say it just follows BTC price and doesn't drop too much. How many FUN tokens do you hold currently? You shouldn't hold many of them to say things like that.

You do not understand, what I wanted to show in the chart is that the FUN token follows the same BTC direction and we agree that it did not drop that much, what you have in discussion is a purely financial issue, for you 4 years is a lot, for My no, 4 years is nothing compared to more than 10 years since BTC was born, and that influences, on the subject of trading and market speculation it may not be much, but for investment it has a lot to do, the The fact that the FUN token has from 2017 to 2021 in the financial markets does not represent much, but from 2009 to 2021 it is BTC, and that does influence, although the FUN tokens are 4 years old, it is necessary to highlight that they have remained at a relatively good price compared to some tokens that tend to go down and stay on the bottom when their pump happens, FUN tokens are not, and just the fact that Freebitco.in is up for grabs causing more profit with their use, it helps that it doesn't drop so much in price, because it provides more confidence and that is what that is beginning to be attractive to investors.

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Quote from: LUCKMCFLY on May 25, 2021, 12:46:15 PM

Quote from: Saint-loup on May 25, 2021, 09:51:10 AM

Quote from: LUCKMCFLY on May 24, 2021, 07:52:33 PM

What happens is that the FUN token is still young, it barely has a short history, it is somewhat difficult to foster a community regarding the FUN token in a short time, the great advantage it has is due to the reputation of the site, It is known to be something protected or centralized by the platform, this is good because it is understood that it will not be a scam, but the uncertainty of the market in these times has been very high.

Although the price has not risen, it is not that it has fallen much, and that is a good sign before the market, because the fall in BTC bleed all the alts and tokens, except 3 or 4 alts, and this is because those that they are Hodlers who did not sell their fun tokens, they have only been relying on the token, in their future, I think that when Bitcoin rises in price, the Fun token will be sustained and with enough liquidity, very few tokens reach that level.

No you can't say FUN token is still young and it has a barely short history. FUN token is 4 years old now, that's older than most of current top200 cryptocurrencies, maybe you personally didn't know it before it has been acquired by Freebitcoin but it was a rather well known token in the cryptogambling industry and in the cryptoworld. And unfortunately I don't think it hasn't fallen much, falling from 0.050USD to 0.018 in two weeks is not a small dip for me. People currently mostly hold it to get bonuses in BTC on the Freebitcoin platform which quite strongly pegs it to BTC.

Of course, it is 4 years old, but if we take into account that the history of Bitcoin has fulfilled its normal market stages such as Accumulation and Distribution, taking into account that the bullish trend stage was completed and the subsequent stage that is the bearish trend stage to fall back into Accumulation, which for now is understood to be in a bullish trend; When comparing the history with the FUN tokens, this is left:

As I said before, it has not dropped so much, because the token follows the same direction as BTC, not at the level that BTC has but it has been maintained and compared to many tokens of course it has been maintained, in this case only the token responds to the market speculative as it should be. What apsa is that the concept at a speculative level is diverse according to our financial education, the token depends directly or indirectly from BTC, because it does not have a life of its own, and if there is a slight comparison with stocks in the stock market, even the bitcoin remains being young. As you said before, those who know it have been the players, the investors, those who have a lot of money to invest and they also see the characteristics and being at Freebitco.in, guarantee that it is a safe investment.

What are you talking about? Huh

The graphic above doesn't compare the history of FUN token with the history of BTC, it just shows the evolution of the price for the last 2 months. As I already told you above FUN is not a new token, born 2 months ago, it's a 4 years old token.
Moreover as I already told you too FUN has dropped from 0.050 to 0.020 in less than 3 weeks while BTC has still not dropped from 50 000$ to 20 000$ so you can't say it just follows BTC price and doesn't drop too much. How many FUN tokens do you hold currently? You shouldn't hold many of them to say things like that.

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Quote from: fullhdpixel on May 26, 2021, 05:34:24 AM

I have also realized the lack of bets as well before but not these days. I mean soccer was the number one thing and they went for premier league and big games most of the time, they weren't really putting in too many games to begin with, they didn't even put champions league either quarter finals or semi finals I forget which one it was but it was talked here as well.

With all the awesome and incredible stuff freebitco.in does, betting is not one of them I am afraid to say, maybe it is lack of funds, maybe it is lack of how much people gamble, I mean people gamble probably 100x more in the hi/lo part so maybe they just didn't care, look at how little the numbers for bets there is, and look at how much is gambled daily on dice, that is just not even close. My understanding is that maybe freebitco.in does not care about bet part because gamblers do not care about it.

I for one would prefer to continue placing wagers on games via the freebitco.in website - I like how you can place a bet of any value at the going rate and the payout is accurate to the Satoshi, not rounded up or down as another betting site I have come across lately does.

I agree the high-low is probably where they are making the bulk of their money and it is relatively low maintenance I would imagine.

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Quote from: Saint-loup on May 24, 2021, 11:43:12 PM

Quote from: Timelord2067 on May 24, 2021, 07:53:16 PM

Quote from: AmoreJaz on May 24, 2021, 05:36:33 PM

When I logged in last night, I couldn't even see these pending bets (yes, there's a drop down menu) there were just two open bets for soccer. Is it regional which sports are covered by freebitco.in ?? I seem to be seeing fewer and fewer sports I can place bets on.

Yes I agree with you, I don't know why but some weeks there are only few old markets available, and no new markets are added during all the week. While some weeks new markets are added several times during the week. Maybe the procedure to open markets is complex and admins lack dedicated time for this task. It's a pity because freebitcoin could earn way more money by offering more markets and a greater variety of them.

I have also realized the lack of bets as well before but not these days. I mean soccer was the number one thing and they went for premier league and big games most of the time, they weren't really putting in too many games to begin with, they didn't even put champions league either quarter finals or semi finals I forget which one it was but it was talked here as well.

With all the awesome and incredible stuff freebitco.in does, betting is not one of them I am afraid to say, maybe it is lack of funds, maybe it is lack of how much people gamble, I mean people gamble probably 100x more in the hi/lo part so maybe they just didn't care, look at how little the numbers for bets there is, and look at how much is gambled daily on dice, that is just not even close. My understanding is that maybe freebitco.in does not care about bet part because gamblers do not care about it.

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Quote from: UserU on May 26, 2021, 02:16:20 AM

~
Personally nope, but I believe 10 spins are given each time you deposit.

My second deposit cleared and yeah it's per deposit as I got another 10. The results are better this time

Nice result, that's how we like it! I am always a little bit disapppointed when I receive lottery tickets Wink

.

Quote from: UserU on May 26, 2021, 04:00:21 AM

Oh, I usually send through third party websites like custodial accounts and casinos so I have to follow their fee structure. Not keeping my coins in any wallet for now.

Same here! Most of the times, the fees to withdraw BTC on a casino is quite high, so when I cashout, I directly deposit to an exchange (and exchange it almost always directly to fiat)

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My second deposit cleared and yeah it's per deposit as I got another 10. The results are better this time

Now that's more like it!