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Topic: Why we are not having more sites like freebitco.in[unique cases of freebitco.in] (Read 609 times)
September 04, 2024, 01:30:38 PM
April 21, 2020, 08:04:44 PM
Purpose of this topic :
It may trigger some ideas to business people who are right now hunting for concepts for their upcoming gambling business.
It may trigger some ideas to business people who are right now hunting for concepts for their upcoming gambling business.
There is no need to put freebitco.in as an example for those site owners as a guide or reference in their business. There is a big difference in ideas and features on each site.
Freebitco has its own feature that is fit to the site and if we put those on other sites, the thing might not work effectively.
Let other sites create their own ideas. There are other sites as well who have their interesting features too which you might not just notice.
April 21, 2020, 07:24:59 PM
actually most gambling sites started having a casino game or a sport betting game and then they have a faucet function on the side aside from other freebies like rains , tipping service , affliate , etc . so im sayin that freebit isnt the only one that have a greatest idea ever invented on a gambling site . eventually gambling sites came up with more feature or ideas like putting casino and sports betting at once or on a single website but no doubt that freebit wins when it comes to age compare to newly release gambling site and faucets nowadays
April 20, 2020, 11:18:42 AM
Well, while some casinos offer you nothing even if you lose all your money, there are some platforms out there that let you at least have a little fun with free faucet claims. Using the earnings to entertain your customers even more is a smart tactic to make your customers deposit even more.
Yes, this could be the reason why freebitco.in is surviving for years along with their unique features. They allow us to claim faucets even our balance is not yet emptied. It means you may keep on playing with them even with additional money to keep going if you are profitably gambling which is not at all possible with most other crypto casino. When you are supporting your gamblers with unique ideas then obviously they will keep depositing which could be leading to huge success after years.I don't think Satoshi is/was behind any of the existing platforms.. it just doesn't look to me like Satoshi had much of a financial interest when he created cryptocurrencies. He launched BTC and just let it grow like a little child. 
But, looking out the site's statistics, anyone will doubt about Satoshi's contribution on such business. Because, with still running faucet feature of this site makes why they are doing that unless otherwise it is not about spreading bitcoin awareness to new people but also for attracting gamblers. April 20, 2020, 11:18:26 AM
The unique cases of freebitco.in :
1. They are not showing any clickbait advertiements even they make us to visit them every hour.
2. I guess only gambling house which allows its users to withdraw without playing a single roll and without any deposits.
3. Other houses started adding options to play even with stablecoins after altcoins but they are sticking with ONLY bitcoins.
4. Afflicate program applicable even with faucet claiming.
5. Lots of other rewards like daily interests for the balances and redeemable reward points.
FreeBitcoin succeeded for the obvious reason - first mover advantage. Except that, there is nothing extra-ordinary with FreeBitcoin. It was started merely as a faucet.
1. It is wrong to assume that they didn't do advertisement. Earlier FreeBitcoin had an option of banner advertisement charging fixed rate ($0.10 I guess for thousand views on banner).
2. There are many gambling sites which pay their users even when users are able to reach minimum withdrawal threshold with faucet winnings without depositing anything.
3. Well, that's drawback, not benefit.
4. Affiliate Program used to be great attraction on FreeBitcoin in its early days, especially due to the option of referral commission back. People were paying 80-90% back to their referrals. That was one of the major reason for the success of FreeBitcoin during 2013-16. But not now isn't very relevant.
5. Yeah! That's something unique. But it was introduced only after FreeBitcoin became big name in industry and had huge bankroll.
Quote
Purpose of this topic :
It may trigger some ideas to business people who are right now hunting for concepts for their upcoming gambling business.
It may trigger some ideas to business people who are right now hunting for concepts for their upcoming gambling business.
You will get very less traction if you follow the concept of FreeBitcoin in 2020. Now people are striving for whole new level of gambling experience like nice UI, multiplayer games, offers, bonuses, etc etc. Following and studying FreeBitcoin won't help.
April 20, 2020, 10:51:23 AM
Because not every site can afford for it, especially the recent one, even if they are allowing too many offers for their players it will get the less traffic compared to old ones so they are going to lose their capital in the process of building their reputation but its not a smart move from business perspective. And also don't forget how much price of bitcoin increased in these years which itself given them huge profits so they are making use of it.
Indeed, those who start at first and able to survive till now have enough fund to use as the value of profits that they've got from this market is really huge. Nowadays those new sites who plans to create their own versions of such business needs to have decent capital, its not just the traffic but the trust coming from target participants and viewers so they can keep coming back if they've seen honest owners that pays. And also don't forget how much price of bitcoin increased in these years which itself given them huge profits so they are making use of it.I agree to this one and we know that each business would really be a gamble since we dont know on what would be the outcome.In the case of
freebitco they have been one of the first bitcoin faucet sites and as bitcoin or crypto do gain attraction then this place had been always the common
visited since we know that on how faucet sites are being used on early days where crypto is just building up.
It did really paid off into their part and later on they added up something which would build up more trust and popularity.
April 20, 2020, 10:45:45 AM
I guess the first crypto platforms were some of the most unique ideas on the Internet era. It's quite hard right now to come up with something unique that could attract a lot of people. Freebitco.in was one of the first BTC websites I have ever used and they honestly deserve their success because it's one of the reasons I'm still on Bitcoin today. The gambling semi-addiction made me push my interest more towards BTC so even today it's my favorite subject and asset.
We all know that casinos earn a ton of money by doing nothing other than letting people come in and play their chances. Well, while some casinos offer you nothing even if you lose all your money, there are some platforms out there that let you at least have a little fun with free faucet claims. Using the earnings to entertain your customers even more is a smart tactic to make your customers deposit even more.
I don't think Satoshi is/was behind any of the existing platforms.. it just doesn't look to me like Satoshi had much of a financial interest when he created cryptocurrencies. He launched BTC and just let it grow like a little child.
We all know that casinos earn a ton of money by doing nothing other than letting people come in and play their chances. Well, while some casinos offer you nothing even if you lose all your money, there are some platforms out there that let you at least have a little fun with free faucet claims. Using the earnings to entertain your customers even more is a smart tactic to make your customers deposit even more.
I don't think Satoshi is/was behind any of the existing platforms.. it just doesn't look to me like Satoshi had much of a financial interest when he created cryptocurrencies. He launched BTC and just let it grow like a little child.
April 20, 2020, 09:46:11 AM
When the price of bitcoin was low in the market, there were more such services found around paying in terms of bitcoin. As the price of bitcoin peaked high automatically such services got stopped. After a long these days the gambling websites provide with little faucet earnings when the entire wallet gets emptied. In the past there will be high traffic, and now the time spend wasn't that benefitting. This too a reason there is not much of sites like freebitco.in
April 20, 2020, 12:38:15 AM
Their statistics are showing like so far they have paid out (or won by users) 208,000+ number of bitcoins which makes me think about like, is this house owned by Mr. Satoshi Nakamotto for the reason for spreading awareness on bitcoins (which is the basic functionality of faucets)?
Probably you have answered yourself. By considering the times of freebitco.in was launched and how they are doing till date, I also doubt wetsuit(the owner of freebitco.in) must be an early bitcoin miner and wants to spread awareness on bitcoin adoption. I mean this site does not need to be exactly from Mr. Satoshi but from others also but there could be some similarity between them, getting my point?Lots of other rewards like daily interests for the balances and redeemable reward points.
Other houses are doing chat rains/email bonuses and many other sharing with their frequent players. Still, I need to agree freebitco.in is constantly doing such other rewards to each and everyone player (and even to just visitors). 
April 19, 2020, 07:13:10 PM
Because not every site can afford for it, especially the recent one, even if they are allowing too many offers for their players it will get the less traffic compared to old ones so they are going to lose their capital in the process of building their reputation but its not a smart move from business perspective. And also don't forget how much price of bitcoin increased in these years which itself given them huge profits so they are making use of it.
Indeed, those who start at first and able to survive till now have enough fund to use as the value of profits that they've got from this market is really huge. Nowadays those new sites who plans to create their own versions of such business needs to have decent capital, its not just the traffic but the trust coming from target participants and viewers so they can keep coming back if they've seen honest owners that pays. And also don't forget how much price of bitcoin increased in these years which itself given them huge profits so they are making use of it. April 19, 2020, 07:03:45 PM
i think no . freebit has an active team on this forum so i dont think its own by satoshi nakamoto . seeing huge number of bitcoins does not mean that its already owned by satoshi nakamoto because there are also bitcoin whales and normal people that can afford to bag a huge bumber of coins . also bitcoins before are cheap so people can buy more and wagger more if they are into gambling but now the number of wager and btc purchase could be lower now . freebit is one of the best faucet but i think not really in terms of gambling . just my opinion
April 19, 2020, 06:47:30 PM
Is it? It is a news to me as well. I need to check on the time lines of archive.is if available. If they remained as only faucet site then they might have been showing clickbait ads till today 
.
.Yes, this is right. If they didn't think up of another idea, there are still lots of clickbait ads there. And worst, maybe they aren't running today.
Back then, the majority of big faucets do have an advertisement on Coinbase, Xapo, PTC sites, and other big faucets as well. And I agree, if my memory serves me right, there are lots of ads in the freebitco.in the main page in their early days.
I guess the main purpose of this website is (or used to be) the faucet, right? Faucets were popular and made sense back when the price wasn't so high and faucets gave solid amounts of BTC.
That's right. They introduced their website as a biggest faucet site during the golden era (lol) of faucet days.
They are one of the top-paying that's why they always listed on the newbie's faucet list.
April 19, 2020, 06:35:04 PM
For a long time they have made advertisement and the early days were like hunting for faucets. Most of all, searches for faucets that they can get back after an hour or for a certain time just to reach the threshold.
And freebitco, did that.
And freebitco, did that.
Anyway, why everyone know about "freebitco" not just about their faucet but also they got a good advertisement or SEO from their name brand.
Yeah, this actually helped them. The early bitcoin people used to knew them as a faucet not an actual casino.You are right about that. In my early days in crypto, freebitco is one of the first sites that I visited because of the faucet. And I didn't expect that they will live this long here and up until now, they are still offering the hourly faucet. And you can earn daily interest if you have at least 30k sats in your account. And the fact that they have lambo lottery means freebitco really have gone a long way already.
If we just type faucet on google then they will be one of the first results. And that's how it all started and the rest is history. They've known as the popular faucet when everyone isn't aware of them as a casino and then here they are now, a contender and a popular casino.
April 19, 2020, 06:19:56 PM
Freebitco.in have earned lots of bitcoin before when the price of bitcoin is very low so when compared to current price then the bitcoin they will reward to each user will be a percentage amount of the btc they earn before plus satoshis that are spent on buying lottery tickets, HiLo and other games will cover the expenses they will pay to users. They even have fund raising to donate for the front liners.
You are right, I who registered in 2015 did not realize that freebitco.in was experiencing extraordinary progress.As I recall, in 2015 I could only claim the faucet every hour and I even forgot it because I thought the faucet no longer provided a large profit since the price of Bitcoin soared.
And after I returned to contribute to the forum I found their ads again, and tried to open my old account, it turns out I saw that progress and in the Refferal section I found about 50 Refferals.
April 19, 2020, 05:54:54 PM
There are many like freebitco.in but just not as big.
Freebitco.in used to make its money from google ads. They had to go with the casino route after google banned faucets. As you see they now make most of their income from sports betting and dice.
And there is lots of competition when it comes to building an online casino.
Long story short, freebitco.in had a huge advantage of having a very well-known domain and they used that advantage very well.
Well its business then it would only have two outcome which is to fail or to boom up and we know on how they do able to pull it through.Freebitco.in used to make its money from google ads. They had to go with the casino route after google banned faucets. As you see they now make most of their income from sports betting and dice.
And there is lots of competition when it comes to building an online casino.
Long story short, freebitco.in had a huge advantage of having a very well-known domain and they used that advantage very well.
Ive remembered clearly that this was only a faucet site until they become big just like on what they are today where they do already
sports and hi-lo game and lottery.
Gambling business is indeed vast and only the best ones would able to survive or do have chance to succeed no matter what are the
business model they've been using but to tell that this is just a typical stuff that freebitco had done.The only thing is that they
are first on the line.
April 19, 2020, 04:35:45 PM
Freebitcoin had been running for a long time and I am sure most members here had tried it when they had started in bitcoin. Faucets are famous in the earlier phase of bitcoin and their platform offers faucet and lottery at the same time. I guess this made them trusted and unique among other faucets. It would be difficult for another site to create something similar to their platform since most sites are in competition to get more users by offering different and unique services and promotion.
April 19, 2020, 03:14:50 PM
There are many like freebitco.in but just not as big.
Freebitco.in used to make its money from google ads. They had to go with the casino route after google banned faucets. As you see they now make most of their income from sports betting and dice.
And there is lots of competition when it comes to building an online casino.
Long story short, freebitco.in had a huge advantage of having a very well-known domain and they used that advantage very well.
Freebitco.in used to make its money from google ads. They had to go with the casino route after google banned faucets. As you see they now make most of their income from sports betting and dice.
And there is lots of competition when it comes to building an online casino.
Long story short, freebitco.in had a huge advantage of having a very well-known domain and they used that advantage very well.
April 19, 2020, 03:07:49 PM
There are many reasons why Freebitco.in is so successful and it's so difficult to compete with them. They are one of early pioneers in the market. It's first website which offered to win such big prize - $200 in Bitcoin. It's obviously attracted many people who wanted to get free BTC. Things like "provably fair" which wasn't just words, but facts. They gained people's trust. In all these years I barely can remember legit scam accusations against them.
They also had generous 50% referral commission, which attracted people to promote their ref links and make Freebitco.in even more popular. In past there was no websites which were able to offer such things in past.
But it's important to say that Freebitco.in didn't stuck in one place. Otherwise they simply would be forced to close like most regular faucets. When they lost income from Adsense, they just switched to gambling website instead of faucet. And they frequently add new things to their website like betting, Lambo lottery and it don't let their opponents to get even close to Freebitco.in.
New gambling websites opens often, but it's almost impossible to repeat success story of Freebitco.in. Now crypto gambling market is just too competetive.
They also had generous 50% referral commission, which attracted people to promote their ref links and make Freebitco.in even more popular. In past there was no websites which were able to offer such things in past.
But it's important to say that Freebitco.in didn't stuck in one place. Otherwise they simply would be forced to close like most regular faucets. When they lost income from Adsense, they just switched to gambling website instead of faucet. And they frequently add new things to their website like betting, Lambo lottery and it don't let their opponents to get even close to Freebitco.in.
New gambling websites opens often, but it's almost impossible to repeat success story of Freebitco.in. Now crypto gambling market is just too competetive.
April 19, 2020, 12:00:10 PM
Because not every site can afford for it, especially the recent one, even if they are allowing too many offers for their players it will get the less traffic compared to old ones so they are going to lose their capital in the process of building their reputation but its not a smart move from business perspective. And also don't forget how much price of bitcoin increased in these years which itself given them huge profits so they are making use of it.
And also don't forget how much price of bitcoin increased in these years which itself given them huge profits so they are making use of it. 
April 19, 2020, 09:46:13 AM
I just wonder about freebitco.in's business model.
I started using them as a faucet (at that time I was not aware of what is dicing nor hi-lo games) but I have been a daily visitor of them for obvious reasons like some free satoshi and affilaite income.
Purpose of this topic :
It may trigger some ideas to business people who are right now hunting for concepts for their upcoming gambling business.
The unique cases of freebitco.in :
1. They are not showing any clickbait advertiements even they make us to visit them every hour.
2. I guess only gambling house which allows its users to withdraw without playing a single roll and without any deposits.
3. Other houses started adding options to play even with stablecoins after altcoins but they are sticking with ONLY bitcoins.
4. Afflicate program applicable even with faucet claiming.
5. Lots of other rewards like daily interests for the balances and redeemable reward points.
Their statistics are showing like so far they have paid out (or won by users) 208,000+ number of bitcoins which makes me think about like, is this house owned by Mr. Satoshi Nakamotto for the reason for spreading awareness on bitcoins (which is the basic functionality of faucets)?
I guess the main purpose of this website is (or used to be) the faucet, right? Faucets were popular and made sense back when the price wasn't so high and faucets gave solid amounts of BTC. Those who are interested in such things are already using freebitco.in, and I don't think that a new website could compete with that. And as for gambling options, there are just many websites offering that already, so it's not like freebitco.in is unique in that. Finally, I am pretty sure that there are websites like freebitco.in but they are just very unpopular. I started using them as a faucet (at that time I was not aware of what is dicing nor hi-lo games) but I have been a daily visitor of them for obvious reasons like some free satoshi and affilaite income.
Purpose of this topic :
It may trigger some ideas to business people who are right now hunting for concepts for their upcoming gambling business.
The unique cases of freebitco.in :
1. They are not showing any clickbait advertiements even they make us to visit them every hour.
2. I guess only gambling house which allows its users to withdraw without playing a single roll and without any deposits.
3. Other houses started adding options to play even with stablecoins after altcoins but they are sticking with ONLY bitcoins.
4. Afflicate program applicable even with faucet claiming.
5. Lots of other rewards like daily interests for the balances and redeemable reward points.
Their statistics are showing like so far they have paid out (or won by users) 208,000+ number of bitcoins which makes me think about like, is this house owned by Mr. Satoshi Nakamotto for the reason for spreading awareness on bitcoins (which is the basic functionality of faucets)?
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