Author

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 822. (Read 565765 times)

copper member
Activity: 1652
Merit: 1325
I'm sometimes known as "miniadmin"
why do some users only get 5 satoshi these days and other users 6 satoshi ?

Your answer is on this same thread:

If you get the low wagering reduction the is a i next to the value on the payout table and if you click it you'll be told to wager to get back to full base reward.


Quote
and when the BTC rate reaches $50,000.how many satoshi are there then ?
and at what rate is there only one satoshi ?  $ 200K  Grin

Simple math will tell you that; if the lowest base reward is 0.002$.....

For 50k$/BTC: 
   50.000USD----1BTC
   0.002USD  ----X BTC

So X= 0.002*1/50000=0.00000004BTC (4 satoshi)

For 1 satoshi/base roll:
   X USD ---- 1BTC
   0.002USD -- 0.00000001 BTC

So X= 0.002*1/0.00000001= 200.000$/BTC (so you were right)
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
why do some users only get 5 satoshi these days and other users 6 satoshi ?
and when the BTC rate reaches $50,000.how many satoshi are there then ?
and at what rate is there only one satoshi ?  $ 200K  Grin
I think it's depend on your longevity in claiming the freebies , I started gaining 6 satoshi in the beginning and then go down to 5 sats per free spins and now? Yeah that is 4 sats.
so now i was thinking that the Freebies has ending though it may take long before happening .
and also only few site is giving this kind of promo so let's be thankful about this.

Guys ... you should have been around when Freebitco.in gave 1000+ sat per hour, back in the day.  Wink  They had a lot of competition from other faucets and they also received advertisement income... but that dried up. The amount of Satoshi per hour has always been linked to the price of Bitcoin and in some instances the country you are accessing the faucet from.

I still have the dust from those hourly faucet visits (sometimes about 8 times a day) ....and it is worth a LOT more now.. than what it was worth back then. (Rome is not built in a day..... collect all you can.. it might be worth thousands of dollars in the future.)  Wink
legendary
Activity: 2604
Merit: 2353
snip
There is a link in the mail, follow it and you'll find all the detailed information there. But for now you should remove your quote from a private, personal and confidential mail. TYVM
hero member
Activity: 3290
Merit: 984
www.Crypto.Games: Multiple coins, multiple games
The lowest reward per claim right now is 12 satoshi and even if you keep on claiming it every hour, you will only get  288 satoshi for 24 hours and that is 8640 satoshi for a month, That is 0.00103 btc for 1 year  Tongue. Its not even enough to pay your entire electricity bill for 1 year to keep on claiming the free claims
I agree that the amount is low, but I guess you missed the part about the auto-clickers in my earlier post. You don't need to manually do anything since the auto-clickers help out although your earnings will depend on how long you can leave your pc running.

In some countries, electricity charges are pretty low which is why I wouldn't consider this an issue. However, as you mentioned, earnings will be low despite all this which is why I also mentioned low expectations in my earlier post.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
why do some users only get 5 satoshi these days and other users 6 satoshi ?
and when the BTC rate reaches $50,000.how many satoshi are there then ?
and at what rate is there only one satoshi ?  $ 200K  Grin
I think it's depend on your longevity in claiming the freebies , I started gaining 6 satoshi in the beginning and then go down to 5 sats per free spins and now? Yeah that is 4 sats.
so now i was thinking that the Freebies has ending though it may take long before happening .
and also only few site is giving this kind of promo so let's be thankful about this.
legendary
Activity: 3696
Merit: 2219
💲🏎️💨🚓
I've got a feeling my end of January wager that the price of Bitcoin will be $40,001 or higher isn't going to happen unless something radical occurred in the next few hours to tip the price over the $40k score line.
legendary
Activity: 2156
Merit: 1506
why do some users only get 5 satoshi these days and other users 6 satoshi ?
and when the BTC rate reaches $50,000.how many satoshi are there then ?
and at what rate is there only one satoshi ?  $ 200K  Grin
hero member
Activity: 2254
Merit: 537
My passive income eBook @ tinyurl.com/PIA10
Can't wait to see what's in store for us tomorrow. Hope the entry requirements for the VIP won't be too astronomically high Grin
full member
Activity: 1134
Merit: 105
Not sure what all the hype about Doge is, but I've seen its jumped eightfold in the last hour. Some gaming sites use alt coins to help people overcome crippling TX fees (not all gaming sites are the same mind you)
You probably missed the Elon Musk shilling and you know what happens after that, people hurry like it's Black Friday and not want to be FOMO'ed then the price goes higher and higher. It might be good to add other alts on freebitco.in but can we see it even this quarter considering Bitcoin wants to get some new ATH maybe in the coming months? TX fees really getting higher too.
There was a decent sized increase in bitcoin as well, I think he put bitcoin on his bio and that triggered many others to do the same and it lead to people buying bitcoin like there is no tomorrow. This all ties to wallstreetbets if you ask me, people there who couldn't do anything when the markets were closed decided to run to bitcoin and doge for extra income and they bought and they sold and then they went back to buy more GME stock instead.

I feel like this is not going to help the crypto world a lot, it is going to end up with those people who get hyped so much to get involved in order for personal benefit and not for crypto reasons and get it out as quickly as possible to go out and fight wall street with the money they make from the crypto markets. Elon Musk is just a pawn in the game that shows the direction but there is a whole ship that works even without him as well.

Elon Musk did pump the price of btc but i am more interested to know what be the price at the end of this month. I know many of us has bet on the price of bitcoin by the end of Jan 2020 at freebitco ? Any guess if price can reach 35000$ before the close of day ?
legendary
Activity: 2380
Merit: 1150
Not sure what all the hype about Doge is, but I've seen its jumped eightfold in the last hour. Some gaming sites use alt coins to help people overcome crippling TX fees (not all gaming sites are the same mind you)
You probably missed the Elon Musk shilling and you know what happens after that, people hurry like it's Black Friday and not want to be FOMO'ed then the price goes higher and higher. It might be good to add other alts on freebitco.in but can we see it even this quarter considering Bitcoin wants to get some new ATH maybe in the coming months? TX fees really getting higher too.
There was a decent sized increase in bitcoin as well, I think he put bitcoin on his bio and that triggered many others to do the same and it lead to people buying bitcoin like there is no tomorrow. This all ties to wallstreetbets if you ask me, people there who couldn't do anything when the markets were closed decided to run to bitcoin and doge for extra income and they bought and they sold and then they went back to buy more GME stock instead.

I feel like this is not going to help the crypto world a lot, it is going to end up with those people who get hyped so much to get involved in order for personal benefit and not for crypto reasons and get it out as quickly as possible to go out and fight wall street with the money they make from the crypto markets. Elon Musk is just a pawn in the game that shows the direction but there is a whole ship that works even without him as well.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
Can someone clarify the situation on forecasting the price of Bitcoin?

I understand that the earlier the bet is made, the greater the coefficient, but let's say if the total prize pool by the end of the month is only 0.5 bitcoin. And at this stage, I see that if my prediction is correct, my winnings will be x157 (which is more than the total prize pool). What pool will the winnings be covered from?

The winnings can only come from the prize pool so when you place your bet the odds will change.
STT
legendary
Activity: 4102
Merit: 1454
The estimated winnings is I guess going on further bets being placed in line with what occurred upto that point, hence estimated odds and payout amounts.   Sometimes the price moves at a certain day in a month that means the odds change alot, its also possible great value occurs for bets because the price moves and bets never catch up; its locked at the end of the month hence why I think the biggest pay outs are possible if you ever estimate we get the greatest price movement into the end of the month.  
   We did get a sharp rise recently, apparently we have the worlds richest man to thank for backing BTC which was big but also just a meme and sold off.    Another thing I would consider is whats the closing day for the month, in Jan its Sunday which is a clash of waves between weekend and mainstream markets awakening 5 minutes to midnight as we close the weekly bar.   ie. its volatile   Again in Feb it'll be a Sunday

I very much doubt I win this month or deserve to, I bet on the extremes and flick the chart to daily bars for a moment and its clear in net effect we've just drifted sideways which is not what I look for but the crowd wins this one with the popular ranges likely paying off.

Quote
The lowest reward per claim right now is 12 satoshi

Price has risen so much from the days of hundred and even thousands on BTC, the base faucet payout is actually half that I think hence why the wheel of fortune might make more sense as a model presuming the meme becomes real and we go into six figures.   Faucet accumulate and guess right on the events is a viable plan, was a good run of F1 results last year and I said in March the golden rule in election years wasnt likely disproved; still the main game is going to be referrals if wanting to actually gain a weight of btc afaik
legendary
Activity: 2562
Merit: 1414
I disagree. It is possible to earn decent amounts from Freebitco in the long-term as long as you maintain low expectations and don't gamble too much. I know people who have earned decent amounts this way through minimal effort.

The reward from the freeclaim will adjust to btc/usd value so even if price goes up, reward will go down. I would agree if you start clicking those free claims nonstop starting from 2015/2016 but if you start last year or this year, you wont be making much even if you keep on clicking it.

The lowest reward per claim right now is 12 satoshi and even if you keep on claiming it every hour, you will only get  288 satoshi for 24 hours and that is 8640 satoshi for a month, That is 0.00103 btc for 1 year  Tongue. Its not even enough to pay your entire electricity bill for 1 year to keep on claiming the free claims
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
As @The Quin already mention in Post#15226
Quote
It is legitimate and confidential until the public launch.
so we have to wait until they launch hopefully then we all will be able to have all details about this project because now its going to be more attractive for many team is bringing some good new features for members.
Yeah, I saw that post and I know it's legit stuff, but I want to get some more details about it. As stated on email message that I got:
Quote
~snip~
So, I want to invest into it before official launch to get it at lower price and I want to know whether I should buy token on Frebbitco.in or one of these listed exchanges to get premium menbership.
@The Quin, if it's something confidential to post in public, I woudl like to get answer in PM.
full member
Activity: 896
Merit: 236
I have a question about Freebitco.in Premium Membership. If I will buy that token not directly on Freebitco.in, but on one of these listed exchanges, will I get Premium Membership and all benefits of it? As I understand, I will have to deposit that token from exchange to my Freebitco.in account and hold it there? @The Quin, please correct me if I'm wrong.
As @The Quin already mention in Post#15226
Quote
It is legitimate and confidential until the public launch.
so we have to wait until they launch hopefully then we all will be able to have all details about this project because now its going to be more attractive for many team is bringing some good new features for members.
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
I have a question about Freebitco.in Premium Membership. If I will buy that token not directly on Freebitco.in, but on one of these listed exchanges, will I get Premium Membership and all benefits of it? As I understand, I will have to deposit that token from exchange to my Freebitco.in account and hold it there? @The Quin, please correct me if I'm wrong.
legendary
Activity: 2380
Merit: 5213
...........And at this stage, I see that if my prediction is correct, my winnings will be x157 (which is more than the total prize pool). What pool will the winnings be covered from?
The current prize pool is 0.05 BTC and 1% of the total money has been put on 25,001-26,000 range. This means that only 0.0005 BTC has been put on that range.
If you put 0.01 BTC on that outcome, you increase the total prize pool by 20% and increase the money put on that outcome 21 times. This will make the odds for the outcome in question about 17.5 times lower.



-----------
You are missing the main fact here. Freebitco use parimutuel betting feature. Your winning amount will depend on the final odds and total prize pool, it doesn't matter when you have placed the bet......
Icopress is right about the effect of the time.

It's true that freebitco is using parimutuel betting system. But there's an additional factor affecting your prize too.
The prize you win depends on Time Weight Multiplier as well.

Assuming two users have put a same amount on the wining outcome, the user who placed the bet earlier will be awarded a bigger share of the prize pool.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
Can someone clarify the situation on forecasting the price of Bitcoin?
I understand that the earlier the bet is made, the greater the coefficient, but let's say if the total prize pool by the end of the month is only 0.5 bitcoin. And at this stage, I see that if my prediction is correct, my winnings will be x157 (which is more than the total prize pool). What pool will the winnings be covered from?
~snip~
You are missing the main fact here. Freebitco use parimutuel betting feature. Your winning amount will depend on the final odds and total prize pool, it doesn't matter when you have placed the bet. Current odds will change significantly if you place big bet on that price range. It will be more clear to you if you read the details about Parimutuel betting system

Quote
It’s difficult to apply any betting strategy when placing pari-mutuel wagers, as you don’t get fixed odds. Payouts depend on two factors: how many people placed a wager on an event, and how many people picked the winner. Payouts are officially calculated after the betting has closed (i.e. once the event has started or is about to start). As you can see, determining whether or not a selection offers any value can be very challenging.
I have quoted the main theme here. Read this article to know more about it and clear your doubts:: Guide to Pari-Mutuel Betting
hero member
Activity: 2254
Merit: 537
My passive income eBook @ tinyurl.com/PIA10

I also have this frustration mate  Cheesy because i have already gathered 37,000+ of RP yet i need 63,000 more to be allowed converting to satoshi  Sad

Hope that in future Freebitco.in will consider lowering the conversion in at least 10,000-50,000 so we could use the funds to wager  Grin


Same, 50,000 Sats seems like a sweet spot for many of us. At the current rate, that's almost 20 dollars. Dang Grin
sr. member
Activity: 2226
Merit: 254
Top-tier crypto casino and sportsbook

I used to practice this in the past, but then after seeing how often people with less than 100 lottery tickets win good prizes, I changed my mind. For example, look at this win, happened just a few weeks ago:



I'd rather not deprive myself from a chance to win this big.

Thanks to the Wheel of Fortune, I currently have 16k+ RP



and I'm thinking on redeeming them to increase the number of lottery tickets for each FREE BTC roll. At some point in the future, I'll tell you guys, if it was worth it. Smiley

I would keep holding the reward points and try to accumulate some more until you reach 100 000. I also participate in the weekly lottery and I always buy 1 lottery ticket, you never know  Wink.

Has anyone else received an email about a VIP program at freebitco.in if you buy a certain token?

The email mentions several benefits if you hold enough of this token, like extra WOF spins, higher interest on your BTC, and cashback on your multiply BTC/betting wagers.

Normally I would think this is a scam but the email seems legitimate.

It is legitimate and confidential until the public launch.

I was also wondering if it was legitame, so thanks for this! This looks really interesting and will defitenely buy some fun tokens to receive the premium membership!
Jump to: