Quote from: Ryan Dugan on May 20, 2017, 06:41:51 PM

Quote from: Myfe on May 19, 2017, 07:15:53 PM

Quote from: Csmiami on May 19, 2017, 01:36:28 PM

They are giving aprox 0.01% daily interest (400.000 satoshis get 40/day) and the rest of the faucet keeps on being the same. You also get a 25% on your referals daily interest

Thank you for clarifying this key point. The interest rate is 4% APR, which stands for Annual Percentage Rate (i.e., the amount of return you receive after 1 year). We pay 1/365th of that 4% each day so you start getting paid immediately and so your interest paid then earns interest going forward.

Quote from: craked5 on May 19, 2017, 03:00:19 PM

Well it's not so difficult to believe in then.
It's more or less the interest rate you get from a bank in fact ^^
A bit more in traditional banking to be honest.

Exactly! And it's a lot more interest than banks are paying in many western countries. The EU is talking about negative interest rates. And in the US interest rates are at 1% or lower.

It will take 20 years for roi. 20 years is a massive amount of time in which anything could happen! This site probably won't operate till then so why risk everything for such a small profit. The risk vs reward is really bad.

Actually it would take a bit less than 15 years to double your money on freebitco.in.

Also, it doesn't even take 15 years for ROI. As you can just pull your money off after a day, you would have an ROI of 0.01%, but still have ROI after just a single day!

So you could just keep your BTC on there till you think they are becoming a risky site and then just pull them off and enjoy your earnt interest! Having your money on there for 1 year would mean 4.08% ROI. It's still quite some in comparison to many IRL banks (Here in the netherlands I don't know of a bank which gives over 1% interest...)