Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 80. (Read 566653 times)

The stats are wild sometimes in the email, Im not sure why its funny.   The FUN token price falling would be more about BTC being higher then most other factors.

I had large amounts of alt coins years ago, maybe more then BTC at that time and I found the greatest price I ever saw was at the time of the split chains, the bitcoin cash appearance.  So when Bitcoin is weak and doubted it boosts the prices of all the alternatives especially if their fees are less to transfer value between accounts.

Having doubts on spins is only going to undermine price, I dont go with the theory its on purpose.   The greatest benefit is actually the % part where it can raise interest or the rakeback deal where a large gambler is given back something, win or lose the premium they hold is helping them out.

   The cost also to the Site is probably from those two things, I'd like double what is now but Im small time and they cant promise that to any whale.
They could offer another tier if wanted, they may adjust a number of things I guess but just breaking it on purpose would be quite silly & it depresses demand for the token so not helpful.

Wheel spins are snazzy but its not the burden you imagine and also its already linked in the same way the faucet is.  If the Faucet was still paying out what it did in 2013 it'd never have worked out, way too much of a burden and also the spins they had to set the same way.    They'd need the account keys of Satoshi to have done otherwise but everything adjustable is not a big deal imo, most of it is about encouraging traffic and every site spends something on that.

Having done a front line job myself,  complaints, angry customers, bot users etc. I can then understand why TheQuin is not facing customers in whatever job he has now.  Thats not really a point to list everytime that somebody changed their job;  they should have more support I agree.

Also:

https://bitcointalksearch.org/topic/m.64015156

I think something malicious happened that they can't financially recover from, will be interesting to see how it all plays out.
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I look that link up but for me now nothing I didn't receive any mail from freebit to confirm any withdrawal and I have my 2FA active long time since they started it
All I know that they stop the premium WOF and I woke up to find my account is 47 sat only I refresh the page thought its a glitch or something but now nothing I rool one time thinking it would be back but it came only to 50 sat ??

Betfury gives out a bunch of alts so it's on the safer side, while here's solely in BTC.

The only gripe I have is no way to actually trade FUNs other than selling/ buying them with BTC on native chain which eats up loads of fees.

I think this definitely had something to do with it.

https://twitter.com/ScamFinder6/status/1758550822269366640


Also:

https://bitcointalksearch.org/topic/m.64015156

I think something malicious happened that they can't financially recover from, will be interesting to see how it all plays out.

I sent for freebit support that mail waiting for reply I hope

Still no BTC back to my account ??
I didn't withdrawal any I didn't bet any and in a sudden lost all you left 47 sat for me ??
What the hack is going on are you bankruptcy ??
Are you talking our BTC to pay for your clients ??
Saving thousands from locking our premium WOF ??

I really like the site. I had about $2k in it. I also have 20k FUN. I withdrew all BTC because of the uncertainty. Good thing he's paying! I left the FUN inside for better times. I hope it recovers, but I will invest again a much smaller amount. I really like the 4.9% interest rate, but confidence is running out, uncertainty and fear are growing...
I don't have my 8 WOF spins as premium level. I have only one WOF premium spin?!? And maybe a few more in emails a day…

Edit: just received todays 8 Premium spins

FYI: the FUN buy price will never be 1FUN = 1Satoshi, because the cost is calc rounding up the cost of 1 FUN in Satoshis plus a fee of 1 Satoshi per each FUN you buy, that it means that the minimum cost of a FUN token will be, through freebico.in, 1FUN = 2 Satoshis. So they'll never lost money selling FUN. It will means that when its value is lower, they'll make more profit selling it to us.
If you sell your FUN tokens, the price calc is different, because the price is 1 FUN rounded down in Satoshis less 1 satoshi per each one as a fee. So the selling cost for us can be 0, and they still make profit.
About WOF spins: Their rewards value change according BTC fluctuations, to avoid losing money. When you put all your BTC earnings towards FUN and lock them, you are reducing the amount of circulating tokens, increasing its price, so they are winning too.
Remember that there are other sites that uses FUN to make their activities (casinos mainly), that will benefit from lower FUN prices due their selling fees.
The system is minded to always take profit (for freebitco) while there will be people using it (buying/selling it).

As per the issue itself, this is my theory:
I could see a week ago, that the problem remains in the daily reward calculation, because if you buy a WOF using RP or receive a WOF due to push notifications, the WOF pool works as intended.
If you look at your "premium benefits", the days are displayed correctly like your tier, so, the system should know how many WOF belongs to your current level.

The last time that WOF started to fail, was after the last attack to freebitco.in system (the one that injected a different withdraw account to top ranking wagers), but it was fixed quickly.
I know, per other users comments, that this issue doesn't affect to all premium users. So freebitco.in needs to find why there are unaffected users. I encourage to those unaffected users to contact to freebitco and tell them that they are unaffected, in order to give them clues of what's happening.
Maybe is this another injection attack that redirects our WOF to other accounts? I don't know, but it's a possibility.
I hope that they'll find the problem soon and fix it.


And if Freebico.in can inform us daily about their findings, it would be better.

The reason the WOF is "broken" is because they took it offline and claim it is broken in support.

The REAL reason it is offline is because it "broke" the same day the price crashed for FUN down to 7 SAT for 1 FUN. They even have a handy bar chart graph for the past 30 days on their Premium page which shows the sudden drop at the same time the WOF "broke".

But why "break" it, you ask?

Simple. The lower it goes, the less it costs to buy Premium and get the benefits.
When the price was 15 Sat 6 months ago, to get to 500,000 FUN and get 16 WOF spins, would cost you $1000
Today, when the price is 5 Sat = 1 FUN, means you can max out the entire premium bonus for $350.
If next week it drops to 1 Sat = 1 Fun, it would cost just $70 to max out Premium.

With today's spins giving out approx 17 Sat / Spin minimum, it makes sense to max out the premium at 5 Sat = 1 Fun because you would be earning a minimum 256 Sat / day which is 16 cents a day minimum.
If the FUN price was 15 Sat = 1 Fun, it would take you about 25 years to rake back that Sat investment,
At todays 5 Sat = 1 Fun, it would only take a maximum of 8 years to reclaim that investment purely on wheel spin rewards.
If it was at a (theoretical) 1 Sat = 1 Fun next week, it would only take you a maximum 18 months to win back your investment.

So, until the price of FUN goes up to near the 10 Sat = 1 Fun mark, I would say they will find the WOF is broken and hard to repair because they simply cannot afford to have people become 500,000 Fun Token Premium Members getting 16 WOF's a day for $ 350 each (todays price).

And if you really think that the WOF is actually broken? Why does it work via the Email or Reward Token -> WOF options, but not for the Premium Members who buy FUN tokens?

No, this has nothing to do with any bugs or breaking systems and purely down to the fact they cannot afford to pay out on the WOF spins when the FUN is so cheap and people can become maxed out Premium Members for less and less money.

Sorry guys. 

That's very surprising, because if it's true, you seem to be the only member currently receiving your premium WOF spins. But are you receiving all the ones you should get daily, or only a part of them. Do you receive them everyday? Wich premium membership level you are currently if I may ask?

Freebitco's APY was good and nothing extraordinary while Betfury's APY is ridiculously high and is really a sign of a problem because coin with 100% APY or higher will devalue and won't be able to increase in price. Btw Freebitco's problem was that they bought FUN and then didn't try to work on its marketing. There was zero marketing effort put on making FUN popular. Also, transaction costs were very high, price started declining and Freebitco's impotence killed FUN token.

Freebitco doesn't have a team, one or two men are working on it and as it seems, they don't even care about Freebitco, so I don't expect quick fixes anymore from them.

It's an end of era. The price of Bitcoin isn't going down and Freebitco won't be able to maintain faucet. Besides that, owners don't care about it, they killed FUN token and abandoned Freebitco. So no hopes for them.

I havent got any spins for a fortnight? but I do expect they'll be paid back when they find the dislocation.   It now shows the daily bonus interest on transaction history under premium tab, but last entry for the WOF is 25th July if that helps at all.


Well with a thousand or so spins recently I got 3 Golden tickets and some thousand, few hundred sized returns but it is mostly the base reward.  Thats why I used them all up in the price dip.   I did also get a Golden ticket from the daily email one time, which I believe is quite lucky.

The other day the email said I had 15,000 golden tickets, sadly it was a fiction

Till proven otherwise we'll keep a roller-coaster trajectory in BTC seems like.  Its now got BTC marooned on the 200 day average, the worlds most followed price strength or trend indicator so I guess that counts.

Thanks for the confirmation. I’m surprised to received this free reward even though I never placed a bet nor become active on this casino many years ago. I think the last deposit I made is way back 2017 to 2018. I think trigger something as returning player by login my dormant account.

I have good experience on free spin even with this 10 spin. One single win even just a dollar can be used on betting to other games until I built my bankroll. The wagering requirements is always my problem and it’s good that bonus is literally free.

Daily spins from premium program aren't being delivered. I'm stuck on the same number of spins for several days already, like it was stated by another users of the platform. They just keep sending emails with 1 free spin every day, promoting flash promotion and premium program, what is quite contradictory considering they are promoting a vip program which isn't even working for its current participants.

So how could they encourage more people to take part into something they can't ensure it's working properly? It's misleading propaganda.

Regards the length of time it's taking to fix the issue with WoF daily spins, nothing to say anymore... It's just ridiculous.

Long time user here, maxxed out Fun holdings (yeah, I know, LOL - but the increased BTC "interest" balanced it out, kinda...), zero free WOF spins for quite a while now.

Over the years the Freebitco.in team always came through, but their way of (not) communicating, zero interaction on e.g. X where they only make bot-like news posts, and the time they take to fix the issue feels off.

I had quite some funds (at least for me, LOL) parked there and withdrew them 2 days ago as a precaution.
Withdrawals seem to work fine, btw.

Let's see if this beloved fossil of the crypto world is still somewhat alive, or if we witness the end of an era...

If you go back a few pages there are some messages from Freebitco.in support saying they are aware of the WOF issue and are working on it. That is all the information we have. It broke a few months ago also, but they didn't say why and it took about a week to fix. This time we are waiting much longer and again no details why.....

I didn't get anything like that, but I'm relatively active and I often take advantage of these free spins that we get in the mail. 10 free spins aren't much, and I doubt you will get some bigger prize. It's very difficult even with thousands of spins, but at least you got something and I think you should use them. I believe you got 10 WoF spins without any wagering requirements, your prizes will be credited immediately and you will be able to see them. Good luck!

I’m intrigued on the issue revolving with this Premium member benefits. What’s the response of the support when you inquire about it? It’s confusing because other users claim that they are receiving rewards while others like you don’t received it.

Maybe they change the rules for receiving the rewards such as minimum wager requirements in daily basis to receive the rewards?

I don't get WOF spins either.
Maybe, id5000 is confusing the WOF spins that should be received for holding FUN tokens with WOF spins recevied in promotional emails.

By the way, you don't have to lock your FUN tokens to receive WOF spins. Holding FUN tokens should be enough.


I don't think there's any wagering requirement, but don't expect to win big. With playing those 10 free spins, you will probably win less than 100 satoshi.

Anyone here received this offer via email? I think I only open my account last month when I check due to the issue. I’m surprised to received this offer as welcome back bonus but I’m not sure if this bonus has wagering requirements since I don’t want to make any deposit right now.

Anyone already claimed this bonus?

You must have special powers!  Day16 of no WOFs for most of we Premium members who locked FUN tokens to receive this benefit.  What is your secret?