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Topic: has anyone tried freebitco.in investment? (Read 1290 times)

hero member
Activity: 924
Merit: 511
October 22, 2017, 07:32:03 AM
#49
I am a regular visitor of Freebitco.in since it was only a faucet.The staff is very supportive for all their clients.
I have had no complaints against them, they are one among trusted gambling and almost paying on time.
But i think 4.08% is a quite little profit, why not to hold your capital in an online bitcoin wallet?
full member
Activity: 658
Merit: 100
October 22, 2017, 06:57:28 AM
#48
Freebitco has been there for a while now. I remember when i knew nothing about bitcoin, I will be on the site for hours claiming satosihi drops! Nowi have good bitcoin intheir wallet.
legendary
Activity: 1288
Merit: 1491
The first decentralized crypto betting platform
October 20, 2017, 04:25:18 PM
#47
They have been paying me interest since August every day and of course there is some risk of leaving your money there but there is risk in everything. There is risk in leaving your funds in an exchange and more risk to lend it for margin lending.

I wouldn’t recommend anyone to have all their funds there but it is a good option to have your bitcoins divided in different places and in this one they give you a decent interest.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
October 17, 2017, 03:52:51 AM
#46
4% per year s not that attractive option anyway. Especially if you do not control your private keys. I d go with something where you can profit and still have your keys stored in an offline wallet.

How can they use those coins though?

They're offering investments to increase their portfolio. Some of the coins will be spent in this process. Otherwise it's free money, not and investment.

I believe "crazyivan" is talking about something else here. probably what he is advertising in his signature called DMD Diamond and if I understand it correctly it gives you staking reward for the amount you hold. it is similar to the profit you gain here.

I have to check the website for more details but it would have been great if he explained more himself.
sr. member
Activity: 2100
Merit: 254
October 16, 2017, 02:17:17 PM
#45
I am using, since they started to offer it, this method. It is a nice to way to earn some extra satoshis, and 4% is more than the banks in my country offer.
It is one of the oldest faucets online and they are very legit.
full member
Activity: 574
Merit: 139
October 16, 2017, 09:54:06 AM
#44
I was always skeptical about freebitco.in investment and all the changes they have made, but it seems like they are doing fine after all this time. the site is turned into a proper gambling site instead of just being a faucet.

I tried their investment (4.08% annual profit) by making a small deposit and by following the funds I see their main wallet currently contains 508BTC that is $2.4 million!
https://blockchain.info/address/1CE5T4P6WmFUQvQFwvedgTEc5Z7BSVJLVN

does anyone have any feedback on their services?

for example I didn't find any Contacts/support/ticket section on the site. what do you do if you have an issue?
They do have support and contact on their site and they have 1 topic in microearning section and 1 topic in gambling section.
As far as I know they are mining bitcoins and that's why they have such huge amount of it and so far they are legit. Never heard someone had issue with them.
hero member
Activity: 1610
Merit: 507
October 16, 2017, 12:05:29 AM
#43
they offers is legit and what i am doing now is i am not withdraw my earning from freebitco.in and i only playing the faucet. i don't know if its include with their investment or not but i think if i take a deep look, i see that my earning is increase although its not too big but for me its a good income. my interest so far is 0.00000022 btc because i don't deposit more funds to them and only depend from the faucet and i want to test it until the end of this year.
full member
Activity: 424
Merit: 100
October 15, 2017, 10:45:55 PM
#42
Freebitcoin has been around for a while, seen them around since 2015. Quite reputable too.
legendary
Activity: 1582
Merit: 1031
October 15, 2017, 01:39:45 PM
#41
yes the 4 % return /yearly is better than nothing i getting about 25 000 Satoshi daily from this page .
and i have also genesisi ming power that mins direkt to the freebitcoin walled Cheesy
and i trust in this page becours its long time in buissnes and made gread rewards in the hole time !
becours its a faucet from early time the admin must make many returns form googe adsense in first years Cheesy
so he can provide this service easy and 4%/yearly is no scam rate !


regards

copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
October 15, 2017, 11:55:44 AM
#40
4% per year s not that attractive option anyway. Especially if you do not control your private keys. I d go with something where you can profit and still have your keys stored in an offline wallet.

How can they use those coins though?

They're offering investments to increase their portfolio. Some of the coins will be spent in this process. Otherwise it's free money, not and investment.
its up to them on how they will use your money but they have the plan to give investors 4% of its investment after a year and nothing else
so basically its really  a little earnings if you will take the risk its a year for them to use your money while you can do a lot better.

You know interest is credited daily? Keep the coins there for 7 days and you get 0.07+%. You can withdraw whenever you want.
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
October 15, 2017, 11:11:07 AM
#39
4% per year s not that attractive option anyway. Especially if you do not control your private keys. I d go with something where you can profit and still have your keys stored in an offline wallet.

How can they use those coins though?

They're offering investments to increase their portfolio. Some of the coins will be spent in this process. Otherwise it's free money, not and investment.
its up to them on how they will use your money but they have the plan to give investors 4% of its investment after a year and nothing else
so basically its really  a little earnings if you will take the risk its a year for them to use your money while you can do a lot better.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
October 15, 2017, 10:59:03 AM
#38
I was always skeptical about freebitco.in investment and all the changes they have made, but it seems like they are doing fine after all this time. the site is turned into a proper gambling site instead of just being a faucet.

I tried their investment (4.08% annual profit) by making a small deposit and by following the funds I see their main wallet currently contains 508BTC that is $2.4 million!
https://blockchain.info/address/1CE5T4P6WmFUQvQFwvedgTEc5Z7BSVJLVN

does anyone have any feedback on their services?

for example I didn't find any Contacts/support/ticket section on the site. what do you do if you have an issue?
Honestly, I know they are one of the famous sites but I have a question, why now they open the investment after being able to run the business for so long without the need of funding from investors. instead I say they will be scam or something, just look wierd.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
October 15, 2017, 07:53:51 AM
#37
4% per year s not that attractive option anyway. Especially if you do not control your private keys. I d go with something where you can profit and still have your keys stored in an offline wallet.

How can they use those coins though?

They're offering investments to increase their portfolio. Some of the coins will be spent in this process. Otherwise it's free money, not and investment.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
October 15, 2017, 07:44:50 AM
#36
4% per year s not that attractive option anyway. Especially if you do not control your private keys. I d go with something where you can profit and still have your keys stored in an offline wallet.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
October 15, 2017, 07:36:40 AM
#35
WMyfe, can you say what you think the exchange rate will be - based on markets open at that time? If the value of Bitcoin Gold for example goes over that given by the site, would the site be able to offer a greater amount to redeem or will it be fixed at a higher rate than the exchanges on the day of the fork as they were from the BCC fork?

jackg, great question. I can confirm that the start rate will be at whatever the rate is at time of airdrop. E.g., Bitcoin Cash was available for "purchase" before their airdrop, we locked in the airdrop rate and kept it that high as the price of Bitcoin Cash fell...at one point you could have made 20% on the price of Bitcoin Cash simply by converting it to Bitcoin on our site.

If the rate of the airdropped coin rises above the airdrop rate we may try to keep the rate consistent with the market.

Keep in mind that for Bitcoin Gold this depends first and foremost if the Bitcoin Gold chain remains stable, has support. If wallet support appears before the fork for Bitcoin Gold we'll be more apt to honor the airdrop - we can only honor the airdrop if they make a place for us (you all and our team) to exchange or use the Bitcoin Gold coins!

For Segwit 2X we plan to support those coins because the support and wallets already exist in the market.

Did that answer the question?

Yes thank you Myfe (apologies for spelling your name wrong initially).

Is there an airdrop rate for the non-segwit 2x coin also (not bitcoin gold as I currently see no support for them from the developers)?
Also, if there is no BCG client before the fork but one emerges a few weeks later, do the tokens still get credited or is that uup to you?
sr. member
Activity: 476
Merit: 255
October 13, 2017, 05:14:56 PM
#34
WMyfe, can you say what you think the exchange rate will be - based on markets open at that time? If the value of Bitcoin Gold for example goes over that given by the site, would the site be able to offer a greater amount to redeem or will it be fixed at a higher rate than the exchanges on the day of the fork as they were from the BCC fork?

jackg, great question. I can confirm that the start rate will be at whatever the rate is at time of airdrop. E.g., Bitcoin Cash was available for "purchase" before their airdrop, we locked in the airdrop rate and kept it that high as the price of Bitcoin Cash fell...at one point you could have made 20% on the price of Bitcoin Cash simply by converting it to Bitcoin on our site.

If the rate of the airdropped coin rises above the airdrop rate we may try to keep the rate consistent with the market.

Keep in mind that for Bitcoin Gold this depends first and foremost if the Bitcoin Gold chain remains stable, has support. If wallet support appears before the fork for Bitcoin Gold we'll be more apt to honor the airdrop - we can only honor the airdrop if they make a place for us (you all and our team) to exchange or use the Bitcoin Gold coins!

For Segwit 2X we plan to support those coins because the support and wallets already exist in the market.

Did that answer the question?
legendary
Activity: 3038
Merit: 1330
Slava Ukraini!
October 13, 2017, 07:35:44 AM
#33
4.08% yearly interest is low, but it's guaranteed and we don't have to do anything to get it
Other thing is that this 4% isn't really guaranteed. It's nothing more than a promise to pay you out that percentage over a certain period of time. If everything goes well for the service, then it will do so.
Well, they are paying interest for more than half year now, and so far everything without any issues. Interest paid mainly from freebitco.in mining operations, as long as it profitable, they can pay interest for people who invested in freebitco.in. But, if it will become not profitable, they will just stop paying interest. People will not loose their money,  they just will not get interest anymore, but they will be able to withdraw btc whenever they want.
legendary
Activity: 1526
Merit: 1179
October 13, 2017, 06:24:16 AM
#32
4.08% yearly interest is low, but it's guaranteed and we don't have to do anything to get it
4% isn't really all that bad. Instead of looking at certain percentages and think it's low, we have to take in mind that the service in question has to pay it out, and to do that, it has to generate revenue/profit.

Other thing is that this 4% isn't really guaranteed. It's nothing more than a promise to pay you out that percentage over a certain period of time. If everything goes well for the service, then it will do so.

It's passive income, and that's what a lot people here are after. If you can manage to have a couple of passive income streams, you'll be earning a decent bit of money without doing anything ~ that's people's goal here.
legendary
Activity: 2436
Merit: 1804
guess who's back
October 13, 2017, 05:48:18 AM
#31
it's running good so far but IMO it's too much of a risk with a little reward , yes freebitcoin is trusted but shit happens
even if we aren't talking about scam there still a possibility of wallet getting hacked , so does 4% a year really worth the risk ?? this is up to you
there are way many better opportunities around that can yield more than that , they have their own risks too but the reward is for sure bigger than 4% a year

so do your own researches and then see what suits you the most , for me the rate isn't reasonable at all with all the opportunities online
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
October 13, 2017, 05:28:05 AM
#30
I think they give out way too little for investors, given that you'd have to invest a significant amount to even think of making a profit.
4.08% per year is just not enough if you consider the risk of leaving your coins with them for over a year.

I prefer investing in websites that share profit based on an actual profit or loss percentage, preferably for less than 1 year.

On CryptoGames for example, you'd make way more profit in less than a year.

Take a look at this thread:
https://bitcointalksearch.org/topic/crypto-gamesnet-investment-returns-updated-weekly-week-35-2796-in-btc-1796062 ([Crypto-Games.net] Investment Returns, Updated weekly, Week 35, +27.96% in BTC)


there is a huge difference between these two.
the freebitco.in investment is a guaranteed profit no matter what happens. it is (as they claim) mining reward they share with you and their signed message from the address receiving the mining rewards confirms that also. in this case there is no chance of not getting paid.

in case of investing in a gambling site, there is always a chance that not only you don't get paid but also you lose money. it is not a common thing, specially with crypto-games, I have seen their good performance, but the chance is still there.

Hi Pursuer, great question.

I'm the FreeBitco.in Community Manager. You can direct all questions or issues to me, PM me any time.

We also have a community thread in the Micro Earnings and Gambling boards. I monitor both several times a week.

Thanks for starting this thread!

ok, I'll have that in mind too.


to everyone else. thanks for the additional info, I already knew a couple of them and will check other suggestions too. for now I plan on focusing on getting some referrals in my freebitco.in account and try the investment with a larger amount. I believe it can be a good side/passive income.
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