Freebitco.in launched a new feature.

btcdevil

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Quote from: mrcash02 on March 17, 2017, 10:00:32 PM

Quote from: naidray on March 17, 2017, 07:38:07 AM

Quote from: klf on March 17, 2017, 03:51:08 AM

My opinion is 4% per annum is quite less for bitcoins and it is quite risky because they are doing mining business and we all know that it is a risky business.

Yes, seems very low. I just checked their 'interest calculator', it shows ~100 satoshi daily interest for the capital of 10mBTC. I am not sure it is a worthy returns for the risk of 10mBTC investments.

Anyway I just disabled my auto withdraw functionality so that I can maintain my earning within them to earn daily interest. We can conclude about success of this interest paying programs by watching how many people are coming into our service section with ref back offers.

It's good for who has many BTCs. If you really have much money in Bitcoins you can deposit it, let generating interesting for few days, withdraw your initial investment and keep the site generating income for you with the money the site already gave to you.

This way you don't need to worry about lose your money on medium-long term, if something goes wrong you will lose only the profit, protecting the initial money this way.

I dont think that it is a good idea of doing this way to earn, because what if the site breaks down and all your investment BTC are gone so for little profit you cannot risk your high investment it is better that if you go for trading in any exchange you can earn more then 10% daily without risking so much. So as per my view is not to take risk for 4% interest better go for trading and earn better.

veleten

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Quote from: klf on March 18, 2017, 01:40:29 AM

Quote from: veleten on March 17, 2017, 08:15:05 PM

Quote from: naidray on March 17, 2017, 07:38:07 AM

Quote from: klf on March 17, 2017, 03:51:08 AM

My opinion is 4% per annum is quite less for bitcoins and it is quite risky because they are doing mining business and we all know that it is a risky business.

Yes, seems very low. I just checked their 'interest calculator', it shows ~100 satoshi daily interest for the capital of 10mBTC. I am not sure it is a worthy returns for the risk of 10mBTC investments.

Anyway I just disabled my auto withdraw functionality so that I can maintain my earning within them to earn daily interest. We can conclude about success of this interest paying programs by watching how many people are coming into our service section with ref back offers.

it is on par with what banks offer ,if not more (in some countries) besides it is almost risk free
the only risk there is the site closing down,which is not going to happen,I hope
when the bankroll investments are risky,HYIPS are plain retarded to invest to and just keeping your coins in your wallet
doesn't bring you any profit
so its a win win situation-low risk,no need to do more than unticking autowithdrawals enabled box
u may even consider depositing an odd coin or two if you don't use them

In banks, your money is more secure than investing in cloud mining company. There are plenty of examples we can see in this forum that these cloud mining companies can't last for long. If they are going to invest our money in these companies and if they close then as a investor you also may lose your money. I don't think it is a low-risk investment for such a low profit.

dude this is not a cloud mining company,get your facts straight (or read the topic)
this is a legit business,4 year old,it brings profit to the owner and is not a HYIP,cloudmining or scam
therefore 4% is pretty much a safe bet
freebitcoin is one of the most trusted and old faucets on the web,it has survived plenty of turmoil,while the others died like flies
so I trust the owner to not pull an exit scam on us

and continue earning money

klf

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Activity: 1344

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Quote from: veleten on March 17, 2017, 08:15:05 PM

Quote from: naidray on March 17, 2017, 07:38:07 AM

Quote from: klf on March 17, 2017, 03:51:08 AM

My opinion is 4% per annum is quite less for bitcoins and it is quite risky because they are doing mining business and we all know that it is a risky business.

Yes, seems very low. I just checked their 'interest calculator', it shows ~100 satoshi daily interest for the capital of 10mBTC. I am not sure it is a worthy returns for the risk of 10mBTC investments.

Anyway I just disabled my auto withdraw functionality so that I can maintain my earning within them to earn daily interest. We can conclude about success of this interest paying programs by watching how many people are coming into our service section with ref back offers.

it is on par with what banks offer ,if not more (in some countries) besides it is almost risk free
the only risk there is the site closing down,which is not going to happen,I hope
when the bankroll investments are risky,HYIPS are plain retarded to invest to and just keeping your coins in your wallet
doesn't bring you any profit
so its a win win situation-low risk,no need to do more than unticking autowithdrawals enabled box
u may even consider depositing an odd coin or two if you don't use them

In banks, your money is more secure than investing in cloud mining company. There are plenty of examples we can see in this forum that these cloud mining companies can't last for long. If they are going to invest our money in these companies and if they close then as a investor you also may lose your money. I don't think it is a low-risk investment for such a low profit.

hasiramasenju

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Activity: 980

Merit: 1000

apparently they looking for another way to attract more people visiting and claim the faucet and 4.08% annual interest indeed this is very low but this is realistic because currently running bitcoin faucet was very hard to get profit however rather than invest on cloud mining which offers higher profit but eventually became a scam i think this option good to considering

mrcash02

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Quote from: naidray on March 17, 2017, 07:38:07 AM

Quote from: klf on March 17, 2017, 03:51:08 AM

My opinion is 4% per annum is quite less for bitcoins and it is quite risky because they are doing mining business and we all know that it is a risky business.

Yes, seems very low. I just checked their 'interest calculator', it shows ~100 satoshi daily interest for the capital of 10mBTC. I am not sure it is a worthy returns for the risk of 10mBTC investments.

Anyway I just disabled my auto withdraw functionality so that I can maintain my earning within them to earn daily interest. We can conclude about success of this interest paying programs by watching how many people are coming into our service section with ref back offers.

It's good for who has many BTCs. If you really have much money in Bitcoins you can deposit it, let generating interesting for few days, withdraw your initial investment and keep the site generating income for you with the money the site already gave to you.

This way you don't need to worry about lose your money on medium-long term, if something goes wrong you will lose only the profit, protecting the initial money this way.

veleten

legendary

Activity: 2016

Merit: 1106

Quote from: naidray on March 17, 2017, 07:38:07 AM

Quote from: klf on March 17, 2017, 03:51:08 AM

My opinion is 4% per annum is quite less for bitcoins and it is quite risky because they are doing mining business and we all know that it is a risky business.

Yes, seems very low. I just checked their 'interest calculator', it shows ~100 satoshi daily interest for the capital of 10mBTC. I am not sure it is a worthy returns for the risk of 10mBTC investments.

Anyway I just disabled my auto withdraw functionality so that I can maintain my earning within them to earn daily interest. We can conclude about success of this interest paying programs by watching how many people are coming into our service section with ref back offers.

it is on par with what banks offer ,if not more (in some countries) besides it is almost risk free
the only risk there is the site closing down,which is not going to happen,I hope
when the bankroll investments are risky,HYIPS are plain retarded to invest to and just keeping your coins in your wallet
doesn't bring you any profit
so its a win win situation-low risk,no need to do more than unticking autowithdrawals enabled box
u may even consider depositing an odd coin or two if you don't use them

naidray

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Activity: 1232

Merit: 1029

Quote from: klf on March 17, 2017, 03:51:08 AM

My opinion is 4% per annum is quite less for bitcoins and it is quite risky because they are doing mining business and we all know that it is a risky business.

Yes, seems very low. I just checked their 'interest calculator', it shows ~100 satoshi daily interest for the capital of 10mBTC. I am not sure it is a worthy returns for the risk of 10mBTC investments.

Anyway I just disabled my auto withdraw functionality so that I can maintain my earning within them to earn daily interest. We can conclude about success of this interest paying programs by watching how many people are coming into our service section with ref back offers.

klf

legendary

Activity: 1344

Merit: 1000

Quote from: wetsuit on March 16, 2017, 12:56:32 AM

Quote from: Frosxh on March 15, 2017, 10:51:02 PM

not sure why a faucet site will offer interest on users balance? what is the benefit of the site owner in this feature? is freebitco.in turned to HYIP now? i wonder if someone in the right mind would put their money there

Please read the actual page that you are commenting about before signature spamming.

This thread is opened by another person, so whoever didn't see your actual thread wondering why you're offering that interest amount. You should have provided your thread URL in that post instead just commenting.

Some info can get from this thread. https://bitcointalk.org/index.php?topic=320959.2100

My opinion is 4% per annum is quite less for bitcoins and it is quite risky because they are doing mining business and we all know that it is a risky business.

BitSat

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Quote from: Ucy on March 15, 2017, 05:48:54 PM

Sorry to ask this: how trustworthy is the site? How sure are you they won't dissappear with all your bitcoin after a while. I have been using their Faucet to claim some Satochi, never had any problem withdrawing however I doubt I can trust anyone with large amount of my bitcoin. I'd still rather leave the coin in my wallet to appreciate in value once a while

Goodluck to them

There is no guarantee about any thing here but still this is one of legit faucet here on this forum best thing they are not forcing any one to invest just enjoy your stuff and not withdraw your savings because minimum amount is very less just 30000 Satoshies better use this amount for more profit if you have any doubt

Bibite

full member

Activity: 187

Merit: 100

Yeah, I aslo got this email from them this week. I was surprised to see them jumping on something about investment after many years. I didn't read fully their email. But i found it strange from them to offer investment to people. Even with a low interest rate of 4%. 2 times more than a saving account in my country still Grin

wetsuit

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Quote from: Frosxh on March 15, 2017, 10:51:02 PM

not sure why a faucet site will offer interest on users balance? what is the benefit of the site owner in this feature? is freebitco.in turned to HYIP now? i wonder if someone in the right mind would put their money there

Please read the actual page that you are commenting about before signature spamming.

Frosxh

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not sure why a faucet site will offer interest on users balance? what is the benefit of the site owner in this feature? is freebitco.in turned to HYIP now? i wonder if someone in the right mind would put their money there

Ucy

sr. member

Activity: 2576

Merit: 401

Sorry to ask this: how trustworthy is the site? How sure are you they won't dissappear with all your bitcoin after a while. I have been using their Faucet to claim some Satochi, never had any problem withdrawing however I doubt I can trust anyone with large amount of my bitcoin. I'd still rather leave the coin in my wallet to appreciate in value once a while

Goodluck to them

favdesu

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Activity: 1764

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Quote from: Barbut on March 15, 2017, 01:22:12 PM

Quote from: favdesu on March 15, 2017, 12:55:04 PM

if you think 4% per anno is not much... well, there's less risk than ivnesting in a bankroll for example.

I think this is not investing in bankroll, this is just like a saving with interest.

it is investing in a bankroll for 1/3... does anyone of you ever read the terms of this, or is this just signature post farming?

Barbut

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Quote from: favdesu on March 15, 2017, 12:55:04 PM

if you think 4% per anno is not much... well, there's less risk than ivnesting in a bankroll for example.

I think this is not investing in bankroll, this is just like a saving with interest. I don`t know what this mean "paid and compounded daily"?
Looks like we all agree that site is trusted, and it`s ok to try it with some amount, but I wonder how big holders see this opportunity? Is this site trusted enough to deposit 10 or more bitcoins for example?
I wanted to deposit 10-20 mbtc, but with 4 % annual interest on that amount is really low.

favdesu

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if you think 4% per anno is not much... well, there's less risk than ivnesting in a bankroll for example.

wetsuit

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Quote from: ultrloa on March 15, 2017, 07:09:48 AM

Quote from: wetsuit on March 15, 2017, 07:00:28 AM

This post has proofs of our bitcoin mining operation: https://bitcointalksearch.org/topic/m.18109501

We have provided a signed message from the bitcoin address that we use for mining (both in the website and the post above) and you can actually see the money coming in from the mining that we do.

I didn't know freebitco.in got a mining feauture, does your site accept mining investor?? Well in that case how could people get assurance to earn with investing with you? And how do you think your mining operation last?. There's so many questions crosses on my mind for now since i don't see some good credibility got your site on.

We use part of the funds that user will deposit with us to expand our mining operation. Please read the FAQ at https://freebitco.in/?op=home&tab=earn_btc, it explains everything.

ultrloa

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Quote from: wetsuit on March 15, 2017, 07:00:28 AM

This post has proofs of our bitcoin mining operation: https://bitcointalksearch.org/topic/m.18109501

We have provided a signed message from the bitcoin address that we use for mining (both in the website and the post above) and you can actually see the money coming in from the mining that we do.

I didn't know freebitco.in got a mining feauture, does your site accept mining investor?? Well in that case how could people get assurance to earn with investing with you? And how do you think your mining operation last?. There's so many questions crosses on my mind for now since i don't see some good credibility got your site on.

wetsuit

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Activity: 981

Merit: 1026

This post has proofs of our bitcoin mining operation: https://bitcointalksearch.org/topic/m.18109501

We have provided a signed message from the bitcoin address that we use for mining (both in the website and the post above) and you can actually see the money coming in from the mining that we do.

terrate

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Quote from: btcdiggingmaster on March 15, 2017, 02:21:43 AM

Freebitco.in is the best faucet till now I have seen and they are paying on time for their members. When it comes to the interest that they want to pay its members on the balance they have in freebitcoi.in is quite impressive, even the % of interest is also low 4.08% that is yearly.

But my only concern is how can they get the extra income to pay interest to the members, right now they are paying to its members from advertising revenue and for the yearly interest from where they are going get.

Freebitco also the most legit faucet...even claimbtc is down so many .
I will invest it just like u invest the bankroll or support bitcoin for the owner.
4% i think they can maintain over a year.

Topic: Freebitco.in launched a new feature. (Read 2112 times)