A few weeks ago, Freebitco.in experienced a significant outage. The site was down, and communication from the team was minimal. Understandably, this led to concerns among users, with some fearing they'd pulled the rug...
Even I began to assume the worst although I have consistently said that they have a profitable business model based on the gambling side of their website, so a rug-pull might net them a huge amount of one-off stolen bitcoin, but it would also cut off their residual gambling profits...
Freebitco.in is BACK! 😎
Then the site came back, and almost everything was working as normal, as I explained in this blog post last month:
https://onebitcoinclub.org/hive-125568/@hirohurl/is-freebitco-in-still-working
The Wheel of Fortune is Spinning Again! ( ꩜ _ ꩜)/
Since then, there is more good news to bring you, so I made this follow-up video about the latest from Freebitco.in:
Not only have the daily "Wheel of Fortune" spins come back, users are now receiving double the number of daily spins they previously qualified for. This increase is set to continue for the next 12 months, presumably to compensate us for the several months during which the wheel spins disappeared without any explanation.
For those of us who have locked FUN tokens, the loss of multiple wheel spins every day was particularly annoying. If you lock up 250,000 FUN tokens on the Freebitcoin website, (as I have) it qualifies you for 13 wheelspins per day.
So it's been a pleasant surprise to get 26 wheelspins per day for the last few days. If all goes well, that should continue for the next 12 months. 🥳
The Only Downer - Lower Interest Rates
The annual return on locked tokens has decreased from 25% to 10%, which is a bit sad 🥺 and makes HBD (and PWR on the second tier Hive blockchain) even more attractive than they were before.
In short, Freebitco.in appears to be making a concerted effort to restore user trust and bring the good times back again. If you're a regular user or hold FUN tokens, now would be a good moment to log in, check your account and take advantage of the increased wheel spins...
Mexed Mitaphor Time
... but, as ever, don't put all your eggs in one basket, especially one where you don't own the keys - if baskets have keys...
Cheers!
David Hurley
#InspiredFocus