This all sounds so familiar: increase in withdraw requirements, decrease in minimum roll rewards, issues with inaccurate commission payouts that "shouldn't happen". I believe it was late August 2016 when I was asking about these same issues. I was never quite satisfied with the answers.
Freebitco.in is successful because it offers that chance to get lucky for free.
I would contend that FBC is successful for the same reasons all casinos and gambling sites are successful, because they pull in money and pay out very little in comparison.
And time is not free. In fact, some would even say that time is money.
For example, if I login every day and roll 6 times and repeat this every day for about a year then I can finally withdraw a whopping 30,000 satoshi ($2). I find more money than that every week just walking to and from the store picking up change that is dropped on the ground.
So if you have made 5k from the free rolls you can deposit 25k and withdraw 30k.
True, and pay fees both times. I disagree that this is a good solution.
Send: 0.00025000 (fee: 0.0000113)
Withdraw: 0.00030000 (fee: 0.00003000)
-----
Total costs: 0.0000413.
Total gain: 0.00005000
Translation in current USD value. It costs 28 cents to withdraw 43 cents. My net gain would be 15 cents. No thanks.
If you do not want to gamble you can keep a balance above $50 to not have reduced rewards.
$50 is a heavy premium for the privilege of earning $2 every 6 months.
Additionally, the balance needed to have no captcha is $100.
So for $100 you allow the use of a macro?
Freebitco.in is successful because it offers that chance to get lucky for free.
I would contend that FBC is successful for the same reasons all casinos and gambling sites are successful, because they pull in money and pay out very little in comparison.
And time is not free. In fact, some would even say that time is money.
For example, if I login every day and roll 6 times and repeat this every day for about a year then I can finally withdraw a whopping 30,000 satoshi ($2). I find more money than that every week just walking to and from the store picking up change that is dropped on the ground.So if you have made 5k from the free rolls you can deposit 25k and withdraw 30k.
True, and pay fees both times. I disagree that this is a good solution.
Send: 0.00025000 (fee: 0.0000113)
Withdraw: 0.00030000 (fee: 0.00003000)
-----
Total costs: 0.0000413.
Total gain: 0.00005000
Translation in current USD value. It costs 28 cents to withdraw 43 cents. My net gain would be 15 cents. No thanks.
If you do not want to gamble you can keep a balance above $50 to not have reduced rewards.
$50 is a heavy premium for the privilege of earning $2 every 6 months.
Additionally, the balance needed to have no captcha is $100.
So for $100 you allow the use of a macro?