Quote from: Barbut on March 28, 2017, 10:15:56 AM

Quote from: keyscore44 on March 22, 2017, 04:56:00 PM

Quote from: jacee on March 22, 2017, 03:04:47 PM

So I recently received an email from freebitco.in faucet that are now offering an annual investment for their user.
It promises a 4.08% of annual interest with a minimum of 30k satoshi to be able to participate.

What do you guys think about this?

This is the actual email from them:

Quote

Dear FreeBitco.in user,

We are excited to announce a launch of a new feature - a bitcoin savings account!

You can now earn 4.08% annual interest (paid and compounded daily) on any balance that you hold in your FreeBitco.in account, without doing anything!

All you need to do is mantain a balance of at least 30,000 satoshi (0.0003 BTC) in your FreeBitco.in account and we shall pay you compounded interest on your full balance everyday. There is no lock-in period to earn interest (you start earning interest right from the first day!) and your balance can be withdrawn any time you wish. Treat your FreeBitco.in account like an instant-access savings account to hold your excess bitcoins and earn passive interest on your account balance everyday.

It is just next level for this service. @wetsuit - owner of freebitco.in - explain that they already opened own Bitcoin farm, and in that way they will cover costs of users annual earnings.
From long time he build reputation in Bitcoin community, so I don't see reason to not trust him, but of course everyone have take own decision about investment like this.
In my opinion 4.08 % for cryptocurrencies is not much, so i will not take this service as good investment or even saving method.

Edit: You can read more about that here: https://bitcointalk.org/index.php?topic=320959.msg18109501#msg18109501

I didn`t know about the farm, after calculating how much I can risk there and how much profit I can make in a year I decided to not invest nothing there. By the way I received same mail weeks ago, I also opened a new thread about it https://bitcointalk.org/index.php?topic=1826156.0.

I wish to pay attention on argue in this thread between some members and Mindtrust. I agree with Mindtrust, I will rather risk my coins on something else where I can make better profit. To just keep my coins on freebitco.in and to get 4 % is too big risk, how much coins do I need to make some good profit, I need to invest too much and that is a big risk to keep all that coins there.

Whether someone decides to invest in Freebitco.in is the private choice of every person.
I agree that keeping coins in online wallet is always a risk, no matter how much confidence this service has.
In this situation, each person must individually calculate and evaluate the investment risk. For me ~ 4% per year, compared to the risk associated with online wallet is too little.