FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 517.

Emitdama

sr. member

Activity: 1918

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Quote from: ipanks on May 03, 2022, 02:43:52 AM

Quote from: Lucky444 on May 02, 2022, 11:27:01 PM

snip

That will be too big for the investors and I think they will invest FUN tokens in other places such as exchanges because they can get another benefit as the investor in the exchanges.

Besides that, I can not imagine how big their chances of winning from the free spins are if they invest 1 million FUN. Maybe that person will get many good rewards from Freebitco.in.

It's big but it's possible and you don't wonder why he asks it? Maybe he is a rich guy and he already availed of the current plans that is seen on freebitco but he is looking for more. Why will they invest it in other places when fun tokens are more optimized on freebitco? They cant get juicy rewards on other sites.

No one invests inside the exchange because that is risky to store coins there for a long time as exchanges are prone to hacks but investing is only being done inside a private wallet. The highest current plan on freebit already offers a good number of spins but the difficulty of getting better prizes is still high and won't be far even if someone deposits 1 million fun tokens.

swogerino

legendary

Activity: 3318

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Bitcoin Casino Est. 2013

I have started to wager little by little as I have noticed that if you gamble 10.000 Satoshis usually this in wagering amount is 17x to 20x of the total value,so I imagine like gambling 100.000 Satoshis and getting at least 3-4 Golden tickets this way plus the Reward points and the Lottery tickets by doing so,if I do this when a bonus is ongoing then the Reward Points are multiplied by the number of the bonus given.Is this a good strategy or is better to buy FUN with these amounts,I used to buy FUN before but now I am liking more this approach.What do you guys say?

so98nn

hero member

Activity: 2114

Merit: 603

Quote from: babygun on May 03, 2022, 06:42:25 PM

Quote from: dwyane36 on May 03, 2022, 05:58:59 PM

Quote from: PawGo on May 03, 2022, 06:42:26 AM

I cannot imagine someone investing $1000000 into FUN tokens just for 16 free WOFs Wink

I think that any number of spins of the wheel of fortune is not very interesting for those users who have 1 million dollars. At the same time, it's worth noting that freebitcoin is time-tested, and users have already locked more than 1.2 billion tokens on the site. So there is a possibility that someone might take the risk and invest $1 million in FUN tokens to lock it on the freebitcoin site. This might not be such a bad idea given that the annual interest is up to 25%.

I think he was meaning to create a new tier with 1 000 000 FUN tokens (which would be around 10,000$). The top tier currently is 500,000 FUN tokens but I don't think a lot of players have this amount of tokens. The maximum interest is, as said before, maximum 5.1 % (4.08 + 25%).

Yeah, thats huge interest as compared to my bank. Lolz.

So I think freebitco is already doing great job by spending this much interest rate on users holding. I mean bitcoin is volatile but irrespective of that Freebitco is giving this interest is really bold and daring.

Have you guys ever thought what if the bitcoin prices drop drastically? Imagine the level of management this has got.

I think 500K holding is enough and that much interest rate is also fine. What do we have to loose anyways.

babygun

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Activity: 2212

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Top-tier crypto casino and sportsbook

Quote from: dwyane36 on May 03, 2022, 05:58:59 PM

Quote from: PawGo on May 03, 2022, 06:42:26 AM

I cannot imagine someone investing $1000000 into FUN tokens just for 16 free WOFs Wink

I think that any number of spins of the wheel of fortune is not very interesting for those users who have 1 million dollars. At the same time, it's worth noting that freebitcoin is time-tested, and users have already locked more than 1.2 billion tokens on the site. So there is a possibility that someone might take the risk and invest $1 million in FUN tokens to lock it on the freebitcoin site. This might not be such a bad idea given that the annual interest is up to 25%.

I think he was meaning to create a new tier with 1 000 000 FUN tokens (which would be around 10,000$). The top tier currently is 500,000 FUN tokens but I don't think a lot of players have this amount of tokens. The maximum interest is, as said before, maximum 5.1 % (4.08 + 25%).

dwyane36

legendary

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Quote from: PawGo on May 03, 2022, 06:42:26 AM

I cannot imagine someone investing $1000000 into FUN tokens just for 16 free WOFs Wink

I think that any number of spins of the wheel of fortune is not very interesting for those users who have 1 million dollars. At the same time, it's worth noting that freebitcoin is time-tested, and users have already locked more than 1.2 billion tokens on the site. So there is a possibility that someone might take the risk and invest $1 million in FUN tokens to lock it on the freebitcoin site. This might not be such a bad idea given that the annual interest is up to 25%.

wiss19

sr. member

Activity: 2296

Merit: 348

Quote from: Flexystar on May 01, 2022, 11:20:06 PM

@iv4n congratulations buddy for great step towards FUN locking. Since I’m already premium member and enjoying the benefits I would say you gonna enjoy it a lot. If you are able to invest this much amount then definitely save up more than 30k satoshi in BTC balance and earn the interest. I assume you will have hiked interest rate of 25 straight up with this much FUN savings. Free spins gonna get you cool 4ks multiple times. With increased number of free spins we do get higher chances. Hope you will share your stats in future too so that our fellow members can understand premium membership benefits. Well executed!

Do you really support doing that? I mean I feel like there is a good case to be made about being liquid and not being locked anywhere. I was considering combining a few facts all together, encash 100k when it reaches there, put another 100k of my own money, have 200k, then get 125k and lock that.

All of these combined should be making me a good amount of return in the long run if I lock it but that would be a huge amount for me and I do not know if I really feel comfortable with my money locked, what happens if I can't pay for something and need this money? That would be a bad situation to be in at that point but I am not entirely sure if it will be too bad considering how much I would get back eventually.

PawGo

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Quote from: Captain Corporate on May 03, 2022, 10:42:35 AM

The further greater thing is that, by logic, if they keep doing this, they have to give all 21 million to their users eventually. That is exactly what this means, obviously, the users withdraw, but if nobody ever withdrew, then the amount they have ot pay keeps growing more and more and more eventually reaching 21 million, obviously, this is the technical approach. We all know that between all the people who are gambling, and the withdrawing, we are not going to have anything remotely close to that, this is just the math behind it to make sure that people realize how amazing what they are doing is.

OMG what a sentence. I am not sure if I understood a half.
But why do you talk about 21mln? There are 10999 mln tokens circulating (as they wrote there: https://coinmarketcap.com/currencies/funtoken/)

Captain Corporate

hero member

Activity: 2170

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The further greater thing is that, by logic, if they keep doing this, they have to give all 21 million to their users eventually. That is exactly what this means, obviously, the users withdraw, but if nobody ever withdrew, then the amount they have ot pay keeps growing more and more and more eventually reaching 21 million, obviously, this is the technical approach. We all know that between all the people who are gambling, and the withdrawing, we are not going to have anything remotely close to that, this is just the math behind it to make sure that people realize how amazing what they are doing is.

babygun

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Top-tier crypto casino and sportsbook

Quote from: pawanjain on May 03, 2022, 09:54:38 AM

Whoa

That's a huge amount to put on a gambling site for "savings". I am sure you know "not your keys not your coins".
Although freebitco.in is a trusted gambling site and we have our emotions attached to it but we never know what happens.
What if it get hacked or something. Losing 0.1 BTC would be a pain.

I know it is big amount to put on a gambling site but I still trust them with it. It has been over 3 years since I have deposited it and never experienced any issues. Even if they get hacked, I would hope that they refund something but I should probably rethink my strategy. I have some other coins spread out, but many of them are on exchanges also... It is going against all the advice that we give to all new people that get involved in crypto so I need to work on a plan to fix that.

pawanjain

hero member

Activity: 2702

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Nothing lasts forever

Quote from: babygun on May 02, 2022, 11:15:27 AM

Quote from: mindrust on May 02, 2022, 06:27:12 AM

5.1% interest for your btc is better than “not bad”. It is outstanding. They are paying you interest on an asset that is limited by supply and they give you 5.1%. Think about that for a minute. The best part is they have been paying 4% for years and never failed their investors so I am very confident that they’ll be able to pay 5% also.

It is a lot of better than on a bank account for sure; the 4.08% (or up to 5.1%) is sustainable but it is also not the highest in the market. I have put around 0.1 BTC in freebitco.in a couple of years ago to profit from the interest and I will keep it in there until I really need it.

Whoa

That's a huge amount to put on a gambling site for "savings". I am sure you know "not your keys not your coins".
Although freebitco.in is a trusted gambling site and we have our emotions attached to it but we never know what happens.
What if it get hacked or something. Losing 0.1 BTC would be a pain.

PawGo

legendary

Activity: 952

Merit: 1386

Quote from: Flexystar on May 03, 2022, 06:37:13 AM

You sure mate, you wanna have million worth of tokens to be locked up? That's just huge amount. I am not sure but while I was thinking about the same, you could just buy multipl FUN token slots and lock them all until its a million. The only question that is needed to be answered by freebitco staff is whether this will increase the current premium features by that much pack size? Like if I keep buying 500K + 500K then does it mean I will also receive 10+10 free spins everyday?

1 million tokens is $10k no? At the end it is not so much. The other think is you talk about account duplicating, which is so-so solution, as it is against their rules.
I cannot imagine someone investing $1000000 into FUN tokens just for 16 free WOFs Wink

Flexystar

full member

Activity: 1092

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Quote from: Lucky444 on May 02, 2022, 11:27:01 PM

Are there any plans to add another tier to the premium program ?

Maybe 1 million FUN could give another tier of benefits ?

You sure mate, you wanna have million worth of tokens to be locked up? That's just huge amount. I am not sure but while I was thinking about the same, you could just buy multipl FUN token slots and lock them all until its a million. The only question that is needed to be answered by freebitco staff is whether this will increase the current premium features by that much pack size? Like if I keep buying 500K + 500K then does it mean I will also receive 10+10 free spins everyday?

There is not mention of such strategy on the sitewide faq so it has to come from the staff itself. May be try contacting through support and get proper answers. Since its huge investment they may think of something.

freebitco.in PR

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Activity: 1485

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freebitco.in Official PR Account

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PawGo

legendary

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Quote from: ipanks on May 03, 2022, 02:43:52 AM

Quote from: Lucky444 on May 02, 2022, 11:27:01 PM

snip

That will be too big for the investors and I think they will invest FUN tokens in other places such as exchanges because they can get another benefit as the investor in the exchanges.

Besides that, I can not imagine how big their chances of winning from the free spins are if they invest 1 million FUN. Maybe that person will get many good rewards from Freebitco.in.

Maybe they receive "rewards" just for not playing at all?

I wonder if there are any whales with an insane amounts of FUNs. And I also wonder if people still use external platforms (like exchanges, binance etc) to trade FUN tokens. And if yes - then why? Just for speculation?

Haroonj123

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ipanks

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Quote from: Lucky444 on May 02, 2022, 11:27:01 PM

snip

That will be too big for the investors and I think they will invest FUN tokens in other places such as exchanges because they can get another benefit as the investor in the exchanges.

Besides that, I can not imagine how big their chances of winning from the free spins are if they invest 1 million FUN. Maybe that person will get many good rewards from Freebitco.in.

Strongkored

legendary

Activity: 2814

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Leading Crypto Sports Betting & Casino Platform

Quote from: PawGo on May 02, 2022, 11:54:00 AM

And as FUN token price becomes quite stable last months (a few % change, not hundreds of %), locking is also an option.

very stable in the range $0.01 or 27 Satoshi, if the trading volume increases it is very possible can make the FUN price increase but at least the results of locking can give other benefits, especially those who prefer short-term periods can choose to continue to keep it so they can increase the tier of premium membership or sell it.

swogerino

legendary

Activity: 3318

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Bitcoin Casino Est. 2013

Quote from: Lucky444 on May 02, 2022, 11:27:01 PM

Are there any plans to add another tier to the premium program ?

Maybe 1 million FUN could give another tier of benefits ?

I think it is not needed right now but may be in the future.The amount of persons that owns 500.000 FUN tokens are few in number and even 125.000 or 250.000 are not a lot.This means that when we reach a lot of people that own these levels of FUN token then a new tier maybe added,however having 16 spins daily with the highest tier I think is one of the best benefits as that means near 500 Wheel of Fortune spins in a month which can offer some nice prizes with this amount of spins.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Quote from: FinneysTrueVision on April 27, 2022, 01:26:56 PM

Quote from: dabbur on April 27, 2022, 12:55:23 AM

I did not use that many wof spins maybe 400 or 500 so not much inflation there so far, but where did you get that information with that one in 20k chance? Is it given on the site anywhere?

You can figure out the odds from the provably fair formula. Whenever you click the roll button you are creating a decimal between 0 and 10000. This decimal is either rounded up or down to give you your final result. Since 10000 is the highest decimal you can roll there is nothing that can get rounded down to 10000, therefore rolling 10000 has half the odds as rolling a result that is between 1 and 9999.

Thank you very much, the truth is that I have never done the calculation of the probability, but seeing that the possibility is so low, it is better sometimes not to think about the numbers and in this case give in to the possibility of having a touch of luck and maybe gain. I say this because freebitco.in has done relatively well for me, since I've been on the platform around 2017 when the faucet was booming, which sometimes gave between 1000-2500 satoshis, nothing else with that and one could multiplying the money, and apart from the option that the more you bet, the more the roll gave, because that was more exciting.

The contests they have now are very big, and now with sports betting they have more options, this is really one of the sites that people are more likely to win.

Lucky444

newbie

Activity: 78

Merit: 0

Are there any plans to add another tier to the premium program ?

Maybe 1 million FUN could give another tier of benefits ?

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 517. (Read 563300 times)