Post
Topic
Board Gambling
Re: FreeBitco.in - Win free Bitcoins every hour!
by
Clement Kaliyar
on 02/04/2017, 11:09:43 UTC
People seem to have forgotten about the 30% haircut they had to take when Bitfinex got hacked for like 130 million.
Do you think that freebitco.in will return all the coins if their hard wallet is hacked. Roll Eyes There are risk involved if you are trading in an unregulated market.
Unlike Bitfinex we never keep more than 5% of the total coins in a hot wallet. The procedure we use for storing our coins is explained at https://freebitco.in/?op=home&tab=earn_btc.
I am retracting my words regarding this  Smiley and that is the how things must be and most of the gambling sites keeps only a small percent in their hot wallet and i can only tell that what Bitfinex did is just ridiculous and naive as they were really incompetent to safe guard users funds over seventy two million. Huh