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Topic: Why we are not having more sites like freebitco.in[unique cases of freebitco.in] - page 3. (Read 587 times)

hero member
Activity: 2576
Merit: 666
I don't request loans~
Freebitco.in has been in operation for a long time. They probably had quite an abundant source of Cash flow from early on, and since the price has pretty much bumped from then, naturally, they'd have more space to actually work with in the long run. Plus, a lot of people really appreciate freebitco.in since it is one of the most legit faucets out there, even in the past. This lead to a lot of users using their site for both faucets and gambling, leading to more income of BTC. And even if there are more houses like this site, i'd still opt to use this one instead of others tbh. It's a lot more trustworthy plus, I know they won't try to turn their backs on me and scam me of my money.
legendary
Activity: 2604
Merit: 1251
Anyway, why everyone know about "freebitco" not just about their faucet but also they got a good advertisement or SEO from their name brand.

One of the examples, if everyone wants to know about bitcoin they will search for some information about bitcoin after that they will curious search "how to get free bitcoin". Guess what who is page one of the search history? Yes, freebitco got page one on the search history everyone will try to visit their website. Their referal system also was pretty good went the upline still can share his earning from the referrals to their downline.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
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)?

Things have changed quite significantly after 2017. Faucets are useless as compared to what they were earlier. I was using this website earlier but stopped because it is very slow and you cannot sit down in front of it the whole day. There are other better option in the market.
sr. member
Activity: 1890
Merit: 300
Buzz App - Spin wheel, farm rewards
They were purely advertisement based faucet when they started. And with the introduction of dice and it's relative success, they found it's much more profitable to operate as a casino than a faucet. Not to forget, they are also a large bitcoin miner and every reward they gave are generally freshly mined coins.
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
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)?

it is a long time used website, and first faucet that i have used, when i first encountered BTC, it was not much to receive, but in today terms, was not negligible, as it was then, and they were still working, and my account with collected BTC, few years later, when i was back in crypto after few years of not using/reading about it, i think this is rare, or only one site that was still active in 2018, that was active in 2015 as a faucet, with balance unchanged
legendary
Activity: 2366
Merit: 1206
snipped-
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)?
Haha, I don't think so if that bankroll owned by Satoshi Nakamoto. But who knows maybe your conjecture was right because that company was built in the year 2010 and successfully launched the year 2013. They had been dispensed thousands of Bitcoin from their faucet and they are the oldest Bitcoin faucet. The faucet will dispense 20 sats per hour and might you will earn 5-10 dollars a day.

Anyway, 10 days left who will be the lucky one will get the precious Lambo.
legendary
Activity: 2296
Merit: 2721
Top Crypto Casino
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)?
The site itself has been in operation for a very long time, it has been around since 2013 and one of the most frequently used crypto sites afaik:

Quote
FreeBitco.in is a faucet founded in 2013 in the British Virgin Islands, 1 year before Moon Bitcoin, 2 years before Bonus Bitcoin, and 4 years before Bit Fun. And it now boasts over 15 million regular users.
Source

If you take a look at the bitcoin price from 2013, you quickly realize that a bitcoin that was gambled at that time was not worth that much (< 100$). Larger bets with 100+ bitcoins were probably placed there, additionally, the faucet itself brought in a lot compared to today's price. Of course, this leads to such sums over time, especially when a site is as famous and therefore visited that often as freebitco.in is.

Freebitco.in itself can of course only spend what is earned. Afaik it is a site with a comparatively high house edge and the offer is quite wide with faucets, games, betting and investment opportunities. So you don't need to worry about the finances of the site I think Wink
full member
Activity: 1162
Merit: 168
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)?
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