FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 456.

wiss19

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Quote from: TheQuin on August 08, 2022, 03:41:09 AM

Quote from: PawGo on August 05, 2022, 08:33:08 AM

Apparently "200" is kind of their trademark. Maybe one day they will change it to "250"? Global inflation etc etc.

When it all started "win 1 BTC" was our kind of trademark. Then the 2013 bull run really got going and it quickly became 0.66 BTC, which was anywhere near as catchy. As the price kept going up it became 0.33BTC and then someone here on the forum came up with the idea of automatically linking it to BTCUSD rather than just keep making adjustments. $200 was just the value of the prize at that point in time it was linked. I can't imagine it ever changing.

I do not think that you need to change that at all. Well, simply because you added more stuff that we could earn from as well. Which means that even if we do not get like 1000 dollars biggest price one day or anything, we have lambo chance and yes we do not win it all, one person wins it and that's fine, we can be fine with that because it is literally 200k dollars, meaning it's like giving 200 dollar biggest prize to a thousand people per six months.

This is why I believe that the more we are getting (and addition of fun tokens makes sure of that) the less you need to give people something on the free faucet because that's just attraction and not the main course to me anymore.

LTU_btc

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Quote from: swogerino on August 06, 2022, 01:44:06 AM

You sure have a rock on patience,I personally don't as I never locked the FUN more than 1 month.There is not much of a conclusion to draw you just got for one year the interest of 1726 FUN which translated into Bitcoin right now is just above 0.0006 Bitcoin,so not a big amount for one year of locking.Personally I sold most of the FUN tokens when they were at 38 Satoshi each and made like 0.02 Bitcoin from them and now I keep this amount of Bitcoin earning me interest daily,it is a bit better this way than to lock the tokens for me.

Yeah, when you convert it into Bitcoins, it's not much, less than $15 if you convert into fiat. It's not bad idea to sell FUN to start getting interest in BTC. But I'm not going to sell it yet and will keep it for Premium membership benefits. With current amount of my FUN tokens I would get about $25-$30 worth Satoshi/lottery tickets/RP from Premium spins. And I'm considering to lock FUN again, but this not for such long period.

fullhdpixel

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Quote from: swogerino on August 07, 2022, 06:05:32 AM

I also believed this but don't believe it anymore.The FUN development has been slow as hell up until now and it is more than one year that the price is less then 0.017 dollars which is an indicator that things are not going as predicted.Now I have sold a majority of them and with the interest I earn from Bitcoin I have started to buy 5-15 FUN tokens daily.I just accumulate them not because I believe much in them but for when I will need money I am going to sell them at whatever price in Satoshi,maybe I have a bit of faith in them after all Grin

otherwise I would just keep the balance in Bitcoin and not keep 2 balances.

That is a misconception about how tokens and coins should be in a constant development and that is not the case at all, we all know that's not the case. What we should focus instead is the fact that bitcoin has been around for nearly 13 years now, and we haven't had that much development on that neither, sure we had segwit for example, but that's about it and not much else.

Lightning network is on the up and up, but not ready just yet for the crowd bitcoin has and if you make it just 1 cent or less to transfer, then it will be pretty crowded for sure. So all in all, fun token doesn't need to have a development every day, it can stay like this, and since it has utility, you can use it.

UserU

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Quote from: iv4n on August 07, 2022, 03:10:47 PM

I used the "development" word for a reason... I registered 7 years ago, maybe more. I was not active all that time, there were breaks, but what I wanted to say is that Freebitcoin then and now are two different dimensions... the fact is that they are still here (probably stronger and more popular)... I guess because they do everything thoughtfully and properly! That's why I believe that in the next 5-10 years they will still be there, and probably better than now!

And definitely yes, the benefits of memberships are fine! Just to add that some casinos that accept FUN tokens are just great... my favorite is DPlay! But to be honest I didn't play at ClubRiches that much!

Agree with you. Most wouldn't have gotten a taste of Bitcoin if it wasn't for this website. Heck, I was brought to this site by someone promoting it on a discussion board many years back

Good that you could enjoy utilizing them on DP. Better be a regular of a few casinos rather than spreading yourself too far, to maximize the benefits unless you have alot of cash to spare :p

swogerino

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Quote from: Betwrong on August 08, 2022, 06:14:24 AM

Quote from: swogerino on August 02, 2022, 06:37:15 AM

I do the same,I always convert them to WoF spins bonus per roll,I find it to be the best way to spend them without having to wait to much in order to gather them for the minimum payout which is 100.000 RP,not an easy number if you are not a Premium Member and at least level 3 or level 4 meaning to have the more WoF spins possible from your Premium membership.There are a lot of other people who like to wait until they convert them to 0.001 Bitcoin but for me that is not a satisfying number at all.I am sure we win more by exchanging RP to WoF in the long run rather than wait for the conversion to 0.001 Bitcoin.

Hm, interesting. I'm not sure of that. I mean, money-wise. But if to think of the entertainment facet of this activity, of course exchanging RP to WoF is much more fun than waiting forever for 100k RPs and then exchanging them for what, 24 USD in Bitcoin?

I'd rather have 2,000 chances of winning that Rolex.

I agree I would also love to have more chances to even win not the Rolex which is the highest prize but I would also be happy with 500 USD Amazon Gift Card or an 1500 USD Iphone 12 Pro Max.Those prizes are much better than 24 USD you would get from exchanging these 100K RP to cash.Beside that with the amount of satoshi won from such WoF spins you can also gamble a bit of them daily in order to increase the number of RP to WoF exchanges daily.In the end it all depends on what is more enticing to each one of us.

Betwrong

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Quote from: swogerino on August 02, 2022, 06:37:15 AM

I do the same,I always convert them to WoF spins bonus per roll,I find it to be the best way to spend them without having to wait to much in order to gather them for the minimum payout which is 100.000 RP,not an easy number if you are not a Premium Member and at least level 3 or level 4 meaning to have the more WoF spins possible from your Premium membership.There are a lot of other people who like to wait until they convert them to 0.001 Bitcoin but for me that is not a satisfying number at all.I am sure we win more by exchanging RP to WoF in the long run rather than wait for the conversion to 0.001 Bitcoin.

Hm, interesting. I'm not sure of that. I mean, money-wise. But if to think of the entertainment facet of this activity, of course exchanging RP to WoF is much more fun than waiting forever for 100k RPs and then exchanging them for what, 24 USD in Bitcoin?

I'd rather have 2,000 chances of winning that Rolex.

TheQuin

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Quote from: PawGo on August 05, 2022, 08:33:08 AM

Apparently "200" is kind of their trademark. Maybe one day they will change it to "250"? Global inflation etc etc.

When it all started "win 1 BTC" was our kind of trademark. Then the 2013 bull run really got going and it quickly became 0.66 BTC, which was anywhere near as catchy. As the price kept going up it became 0.33BTC and then someone here on the forum came up with the idea of automatically linking it to BTCUSD rather than just keep making adjustments. $200 was just the value of the prize at that point in time it was linked. I can't imagine it ever changing.

freebitco.in PR

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TheGreatPython

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Quote from: AbuBhakar on August 07, 2022, 11:09:50 AM

Quote from: STT on August 07, 2022, 10:04:44 AM

My anticipation of liquidity is that when long term locks expire it brings greater supply of the FUN token + this 360 day interest. Nothing has changed exactly as its just delivery on the contract made a year ago but all the same the market for that price of FUN token now has more available. In this moment of higher supply vs no greater demand it would allow the price to drop some.
Whatever other trend is going on, it might be reasonable to accumulate during this lock expiry of the year contract then consider later if wanting to sell long term or not. I do think some will sell all, over a year things change and layering in peoples' reaction to BTC retracting in this magnitude is like an echo.

This is true because most of those newly token unlocked and distribute as interest payment will surely sold to the market considering how bad the market right now. This is a perfect opportunity to buy more because this kind of scenario only happened once a week but we should not expect that price will can be easily pump to the ATH when there’s no new demand at all due to tough competition.

Frebitco.in is a stable casino so I believe that the token will not loss its value even on harshes market. I’m just unsure on how far they can recover this time.

Why will they sell if the market is bad? Their long years of waiting is going to be a waste then if they will only sell at a loss or sell and sell for a tiny profit. I think some will continue to hodl or they will re stake again. If they aren't contented with what staking has to offer then they can also opt to buy some more coins. I guess this is still okay to do since we are still in a bear market.

It is wrong to expect an easy money on here or expect that prices can pump up immediately right after you bought a coin. That's not how this system works. Pump or a bull run can just come as long as we can wait, so patience is the only key here to succeed in this business.

iv4n

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Quote from: UserU on August 07, 2022, 10:55:24 AM

Quote from: iv4n on August 07, 2022, 05:18:37 AM

...

Even if there are no development, the benefits of memberships are fine. And it's not very easy to such tokens to rise back to its former ATH despite FUN topping the contenders with the trading volumes.

I bought them during the debut when it was like a few cents but had to sell because they couldn't be transferred due to the crazy fees. Recently went in again and will be holding for the long term

I used the "development" word for a reason... I registered 7 years ago, maybe more. I was not active all that time, there were breaks, but what I wanted to say is that Freebitcoin then and now are two different dimensions... the fact is that they are still here (probably stronger and more popular)... I guess because they do everything thoughtfully and properly! That's why I believe that in the next 5-10 years they will still be there, and probably better than now!

And definitely yes, the benefits of memberships are fine! Just to add that some casinos that accept FUN tokens are just great... my favorite is DPlay! But to be honest I didn't play at ClubRiches that much!

hd49728

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Quote from: AbuBhakar on August 07, 2022, 11:09:50 AM

Frebitco.in is a stable casino so I believe that the token will not loss its value even on harshes market. I’m just unsure on how far they can recover this time.

With a backer like Freebitco.in, the FUN token will have good support and in long run, it is a strong backbone for that token. However, a backer can not manipulate or control market price completely. Market even with manipulation, still has its own natural movements.

With a bear market from Bitcoin, all altcoins will be in red, and FUN token can not be an exception. It can be an exception in some crashes but can not be such one in all market crashes.

PawGo

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Quote from: FanEagle on August 07, 2022, 08:41:46 AM

That is fully fine by me, I am doing that and I think almost anyone would do that. Only person that can answer this is thequin, but is there even a single person who would get an iphone from here using their reward points? And if so, when was the last time someone did that? I believe people would encash it loong before they have enough reward points for that, and if there is any person who would get iphone when they reach there, I am 99.999999% sure that they didn't know they could have turned that into bitcoin.

Long story short, I agree that to most people like me, actually to all people here, reward points are just satoshis waiting to be collected.

I think so. They even do not update rewards to be more attractive, and as price of hardware goes down (phone, hardware wallet etc), they do not keep the real correlation with RPs "price".
Now I wonder what the BTC price should be to change again base WOF reward (and WOF price in RPs). We have 50 for a quite long period of time.

AbuBhakar

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Quote from: STT on August 07, 2022, 10:04:44 AM

Quote from: dwyane36 on August 06, 2022, 06:06:56 PM

locking FUN tokens for a year doesn't look attractive at all, even despite the APY of 25%.

My anticipation of liquidity is that when long term locks expire it brings greater supply of the FUN token + this 360 day interest. Nothing has changed exactly as its just delivery on the contract made a year ago but all the same the market for that price of FUN token now has more available. In this moment of higher supply vs no greater demand it would allow the price to drop some.
Whatever other trend is going on, it might be reasonable to accumulate during this lock expiry of the year contract then consider later if wanting to sell long term or not. I do think some will sell all, over a year things change and layering in peoples' reaction to BTC retracting in this magnitude is like an echo.

This is true because most of those newly token unlocked and distribute as interest payment will surely sold to the market considering how bad the market right now. This is a perfect opportunity to buy more because this kind of scenario only happened once a week but we should not expect that price will can be easily pump to the ATH when there’s no new demand at all due to tough competition.

Frebitco.in is a stable casino so I believe that the token will not loss its value even on harshes market. I’m just unsure on how far they can recover this time.

UserU

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My passive income eBook @ tinyurl.com/PIA10

Quote from: iv4n on August 07, 2022, 05:18:37 AM

I locked +52k FUN tokens for a year in April... the fact is that people who bought at the top are at loss but in the beginning, the WoF wheal was very generous (before the change of chances for winning), so maybe they recovered their loss and they still have other benefits that come with holding FUN tokens, like higher interest on BTC and rakeback when gambling, daily WoF spins (I get 8 now). The timing is everything, my first purchase was at 40 sats, but most of the tokens I bought were under 30.

Why not just grow them... it's what I do, I guess because I believe that FUN is here to stay, and if they continue to develop and add new stuff there will be some progress regarding FUN token price for sure! Just my thinking, time will tell if am I right or not!

Even if there are no development, the benefits of memberships are fine. And it's not very easy to such tokens to rise back to its former ATH despite FUN topping the contenders with the trading volumes.

I bought them during the debut when it was like a few cents but had to sell because they couldn't be transferred due to the crazy fees. Recently went in again and will be holding for the long term

STT

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Quote from: dwyane36 on August 06, 2022, 06:06:56 PM

locking FUN tokens for a year doesn't look attractive at all, even despite the APY of 25%.

My anticipation of liquidity is that when long term locks expire it brings greater supply of the FUN token + this 360 day interest. Nothing has changed exactly as its just delivery on the contract made a year ago but all the same the market for that price of FUN token now has more available. In this moment of higher supply vs no greater demand it would allow the price to drop some.
Whatever other trend is going on, it might be reasonable to accumulate during this lock expiry of the year contract then consider later if wanting to sell long term or not. I do think some will sell all, over a year things change and layering in peoples' reaction to BTC retracting in this magnitude is like an echo.

Also I hope BTC goes up and that then puts pressure on FUN I guess. Not sure on that but my main take is FUN price is longer term then just 1 year, I only just got my full benefits and to get the higher tier also at full one year Im waiting on that too. Basically I planned for more then just to sell (all) now, I think thats a crowded trade not the best price, I'll trade the edges a bit

. Obviously BTC could do better also which I hope reflects on FUN usage and eventually price too. Market wants to play me while Im trying to play the market Grin

pawanjain

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Quote from: LTU_btc on August 05, 2022, 03:38:10 PM

I got email that 360 days lock of FUN tokens just ended. My 7000 tokens turned into 8726. I don't really know what conclusion from it to draw. Through these 360 days I barely followed what's going on with FUN and development of it. So, I don't really knowwhat I should do now. It would be interesting to hear thoughts from other people who had locked their tokens.

Wow, that looks good. Even I had received a mail few days back saying that my locked FUN tokens for 360 days will mature next month.
I had locked 2500 FUN tokens which would give me 3116 FUN tokens back by next month.
It feels good to get extra returns on your investment. Although FUN token has gone down in price we can still hold it until it rises back.

wiss19

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The price of the faucet you get or anything similar doesn't work with just bitcoin, it works with fiat meaning that if the biggest price is always 200 bucks, then whatever the satoshi price of 200 bucks at that moment is, you will get that.

This "could" become a problem in the future when the rewards are not enough, price could be like a few million dollars in the distant future which would make it hard to give anything less than 1 satoshi, either they need to put 9 zeros instead of 8 decimals, which would be hard to do, or they will have to rearrange the whole deal. But that is way way way down the line and not something to worry about right now.

16xypjnxlrew

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Quote from: virasog on August 07, 2022, 08:58:17 AM

I would suggest not to look at the price of the fun token for the time being. Bitcoin is in bear market and so are all the coins, so seeing the prices will only make you frustrated.

The best thing which you should do at the moment is to hold the fun token and sell them in the next alt season (if you do not believe in the project anymore).

Now bitcoin is not in a bear market, the price of bitcoin has been growing for the second month

virasog

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Quote from: swogerino on August 07, 2022, 06:05:32 AM

Quote from: iv4n on August 07, 2022, 05:18:37 AM

Quote from: UserU on August 06, 2022, 11:23:21 PM

Quote from: dwyane36 on August 06, 2022, 06:06:56 PM

Quote from: Strongkored on August 06, 2022, 10:48:10 AM

I will experience it in a few days, 6500 fun will be around 8100 after locking it for 360 days, and I only think of locking it again but with a shorter duration per 30 or 90 days do not want to be left behind if the price has increased quite large to sell it and will return to buy if the price goes back down

I agree with you that locking FUN tokens for short periods is probably the only right decision in the current market situation. As an example, it is worth noting that the FUN token was worth about 3.5 cents in August last year, and now it costs four times less. So if we take that fact into account, then locking FUN tokens for a year doesn't look attractive at all, even despite the APY of 25%.

With the current situation, it's still better than leaving them sitting in the balance. Why not just grow them in the meanwhile?

I locked +52k FUN tokens for a year in April... the fact is that people who bought at the top are at loss but in the beginning, the WoF wheal was very generous (before the change of chances for winning), so maybe they recovered their loss and they still have other benefits that come with holding FUN tokens, like higher interest on BTC and rakeback when gambling, daily WoF spins (I get 8 now). The timing is everything, my first purchase was at 40 sats, but most of the tokens I bought were under 30.

Why not just grow them... it's what I do, I guess because I believe that FUN is here to stay, and if they continue to develop and add new stuff there will be some progress regarding FUN token price for sure! Just my thinking, time will tell if am I right or not!

I also believed this but don't believe it anymore.The FUN development has been slow as hell up until now and it is more than one year that the price is less then 0.017 dollars which is an indicator that things are not going as predicted.Now I have sold a majority of them and with the interest I earn from Bitcoin I have started to buy 5-15 FUN tokens daily.I just accumulate them not because I believe much in them but for when I will need money I am going to sell them at whatever price in Satoshi,maybe I have a bit of faith in them after all Grin

otherwise I would just keep the balance in Bitcoin and not keep 2 balances.

I would suggest not to look at the price of the fun token for the time being. Bitcoin is in bear market and so are all the coins, so seeing the prices will only make you frustrated.

The best thing which you should do at the moment is to hold the fun token and sell them in the next alt season (if you do not believe in the project anymore).

FanEagle

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Quote from: savetheFORUM on August 06, 2022, 06:16:25 AM

I personally do not like the rewards that you could get with reward points as well but thequin was very clear about the fact that this is why they put the encashing option as well, they realized that people do not care about rewards long time ago and they do not need to keep that updated constantly or try to offer people more things because people do not care about it.

So, what they are doing is that they are redirecting you to the encashing option, and that 100k is there because what would be the difference between having just satoshi, versus having reward points if it didn't have a goal in the end.

That is fully fine by me, I am doing that and I think almost anyone would do that. Only person that can answer this is thequin, but is there even a single person who would get an iphone from here using their reward points? And if so, when was the last time someone did that? I believe people would encash it loong before they have enough reward points for that, and if there is any person who would get iphone when they reach there, I am 99.999999% sure that they didn't know they could have turned that into bitcoin.

Long story short, I agree that to most people like me, actually to all people here, reward points are just satoshis waiting to be collected.

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 456. (Read 562796 times)