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Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 700. (Read 562269 times)

legendary
Activity: 2604
Merit: 2353
That is true although we did see a little gain in FUN tokens price but may be that was because the market was pumping at that time anyway.
Right now the price has fall down sharply and the market does not seem to recover well any time soon.
This gives us a good opportunity to buy these tokens at a lower price. Staying up to date with the price would be better as we never know when the market would rise again.

that's the problem with all tokens though, they always get dumped after some time passes and continue going down at a slower speed. the market is just too overcrowded for any altcoin to be able to grow for long and people lose interest in the already pumped coins and want to try their luck in new not yet pumped coins.

Yes but don't forget a token burning program has been announced 10 days ago and a first burn event is already scheduled for the end of this summer (end of Q3 2021). Moreover the new "L2" token should also be launched during this quarter.
 


Quote
Burn Strategy
For all in-house operations such as the soon to be launched decentralized casino we will commit to burning no less than 50% of any profits after costs.  These burns will take place on a quarterly basis with the first burn event taking place at the end of Q3 2021.  We will also be introducing lay staking which will provide the opportunity for token holders to participate in the profits from in-house operations.  Details of this will of course vary according to the gaming operation.
https://funtoken.io/2021-q2-burn-and-strategy-statement/
full member
Activity: 183
Merit: 100
It is smart to invest in FUN tokens now-buy them here for 49 satoshies and eventually price will rise,so you can flip them and earn nice profit
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
24 hours is a very short period for the game to be up before betting stops. My objective is to be able to have 7 days of betting to maximise the number of customers able to participate.
How early do you think other places put it in? I mean depends on the games of course, there are some known a lot before of course, like NBA finals are known for the 7th game date before the first game even started. So maybe like do a "who will win the NBA championship suns or bucks?" before the finals even start, and that would give you nearly 10 days maybe even more to list it there, yet it wasn't still there anyway.

So there are those situations, however in euro cup type of situations most places do list the games 24 hours before, or if lucky 48 hours before. Group games were known like weeks before, you could have listed every single group game over a week before they happen as well. I don't know, it just feels like you guys did not wanted to share those things because there weren't enough bet on them, otherwise this excuse just doesn't stay valid when you look at the dates.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
That is true although we did see a little gain in FUN tokens price but may be that was because the market was pumping at that time anyway.
Right now the price has fall down sharply and the market does not seem to recover well any time soon.
This gives us a good opportunity to buy these tokens at a lower price. Staying up to date with the price would be better as we never know when the market would rise again.

that's the problem with all tokens though, they always get dumped after some time passes and continue going down at a slower speed. the market is just too overcrowded for any altcoin to be able to grow for long and people lose interest in the already pumped coins and want to try their luck in new not yet pumped coins.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
usually any currency increases in price immediately as soon as some good news is released, in this case as the price did not increase much immediately after the release of the news it may be due to the caution that people are taking because it is not yet known which direction the market is going, many altcoins are dropping a lot in volume

That is true although we did see a little gain in FUN tokens price but may be that was because the market was pumping at that time anyway.
Right now the price has fall down sharply and the market does not seem to recover well any time soon.
This gives us a good opportunity to buy these tokens at a lower price. Staying up to date with the price would be better as we never know when the market would rise again.
copper member
Activity: 1485
Merit: 23
freebitco.in Official PR Account
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legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
~

hoping to get in the first 10 at least once!
Don't we all Grin



Speaking of withdrawal fees, it fluctuates depending on the price and maybe on the gas fee. It's currently at 490 FUN (approximately $8 at $0.017 per token). It's almost twice the current highest transaction fees for moving erc-20 tokens when I checked etherscan's gas tracker.
legendary
Activity: 3346
Merit: 1191
Always nice to earn some more tokens without doing anything but I will not move my coins to Binance. Withdrawal fees are too high for me (220 tokens). It would be cool if we would earn interest on FUN tokens on freebitco.in itself.
Which day it was when you saw 220 tokens for the withdrawal fees please? Currently I see 816 tokens.  Undecided At this rate I'm not sure it's worth it.
The binance offer is capped, you can only stack 1000 lots of 100 FUN maximum. With 1.726FUN of interest per lot it means you will earn 1726 FUN max after this 2 weeks period. 1726-816=910 FUN (At the current price it's 44 000sats or 15$) And then you'll have to send back them to freebitcoin from Binance.


Just checked and the fee is now 883 tokens  Shocked. Thanks for the extra information, didn't read it in detail. I only have 6000 FUN tokens so my earning would be quite small and I would be in a huge loss to take part in this promotion.

I will miss it too... I have a little more than you have! Fun token is not so expensive, I was thinking to buy some and take advantage of this promotion, but after some thinking, I decided to not do it! Maybe next time! I am playing dices and placing sports bets, I wish to make more RP points, so I am focusing on that! And of course, I am earning lottery tickets, hoping to get in the first 10 at least once!
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
In which case I agree that someone in your company would have to keep following that constantly and add it to the betting part of the website, which would be of course a hectic work between many leagues but it would still be quite doable for a one man job.

Probably, if that was the only job the one man had to do;) But I don't think there is anyone in an online or crypto company or startup, and for sure not at Freebitco.in that does just one job, which is probably only one of a hundred aspects of the site.

Let me just remind that in Gambling (games and rounds and discussions) there are some individual sportsbetting that takes place as still managers forget and don't calculate easily or take long delays. I think it is a lot more work than we realize.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
I mean technically speaking the games are still known minimum 24 hours before they start, usually a lot before.


24 hours is a very short period for the game to be up before betting stops. My objective is to be able to have 7 days of betting to maximise the number of customers able to participate.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
it's just a logistical issue with getting the bets up in time. We've just put the football semi-finals up but with these knockout competitions, we don't know the next fixtures until the last moment. We tried to do the NBA playoffs but they start playing the next series as soon as you know what teams have gone through. It'll get back to normal when the summer is over and there are regularly scheduled games.
I mean technically speaking the games are still known minimum 24 hours before they start, usually a lot before. Same goes for NBA playoff games, and also euro cup games as well, it was like that before even the tournament started, always had minimum 24 hour beforehand that you can do. In which case I agree that someone in your company would have to keep following that constantly and add it to the betting part of the website, which would be of course a hectic work between many leagues but it would still be quite doable for a one man job.

However if you think it is hard then it is hard and I can't say anything, you do whatever that is good for the business and we will support it, I mean at least I will because thanks to you I had a good hub to bitcoin world from day one, and that is not something I can ever forget and can never be thankful enough.
sr. member
Activity: 2170
Merit: 254
Top-tier crypto casino and sportsbook
Always nice to earn some more tokens without doing anything but I will not move my coins to Binance. Withdrawal fees are too high for me (220 tokens). It would be cool if we would earn interest on FUN tokens on freebitco.in itself.
Which day it was when you saw 220 tokens for the withdrawal fees please? Currently I see 816 tokens.  Undecided At this rate I'm not sure it's worth it.
The binance offer is capped, you can only stack 1000 lots of 100 FUN maximum. With 1.726FUN of interest per lot it means you will earn 1726 FUN max after this 2 weeks period. 1726-816=910 FUN (At the current price it's 44 000sats or 15$) And then you'll have to send back them to freebitcoin from Binance.


Just checked and the fee is now 883 tokens  Shocked. Thanks for the extra information, didn't read it in detail. I only have 6000 FUN tokens so my earning would be quite small and I would be in a huge loss to take part in this promotion.
legendary
Activity: 2604
Merit: 2353
Always nice to earn some more tokens without doing anything but I will not move my coins to Binance. Withdrawal fees are too high for me (220 tokens). It would be cool if we would earn interest on FUN tokens on freebitco.in itself.
Which day it was when you saw 220 tokens for the withdrawal fees please? Currently I see 816 tokens.  Undecided At this rate I'm not sure it's worth it.
The binance offer is capped, you can only stack 1000 lots of 100 FUN maximum. With 1.726FUN of interest per lot it means you will earn 1726 FUN max after this 2 weeks period. 1726-816=910 FUN (At the current price it's 44 000sats or 15$) And then you'll have to send back them to freebitcoin from Binance.

Quote
Lot size
100 FUN

Interest per lot
1.7260 FUN (45.00% Annualized)

Individual max
1000 Lots

copper member
Activity: 1485
Merit: 23
freebitco.in Official PR Account
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legendary
Activity: 3066
Merit: 1129
I don't think it's as simple as that in reality. If you look at the FUN token price you'll see it didn't change since the beginning of this offer and is still at  49 satoshis. Usually this kind of investment is offered more to create a craze and to attract new investors than to deter previous ones from selling them.
Maybe it is too early to see the effect of this offering. Let us see maybe a week or two if there will be change in its value. But if nothing else, it is up to you if you will put your fun tokens to locked savings. There is flexible savings option so you can redeem your savings anytime you want if you don't want your tokens to be locked at a specified period of time. But you also need to check the time frame of redeeming the flexible savings.
That's correct, in the crypt world there are two stages of things like this ; beforehand priced in , afterwards impact. So let's take bitcoin halving as an example, in the march of 2020 we were under 4k for the first time in a while, and in may 2020 we had halving, the price reached to 10k during may because of halving and people bought thinking bitcoin will go up, which it didn't at that specific month right after halving, it is not an instant skyrocket of price in crypto, however it did later on went as high as 64k a year later, so slowly it grew bigger and bigger.

It means it could happen to fun tokens as well, we are growing bigger and bigger and I think it will take some time but people will see the impact of these things into fun token gradually. I understand that we are used to seeing huge moves in a day, but slow and steady wins the race.
hero member
Activity: 2576
Merit: 883
Freebitco.in Support https://bit.ly/2I9BVS2
I can't say I am shocked, many places that does pvp gambling on sports usually stops, there were two other places that did before here and they had to stop as well because it wasn't making any profit at all, people weren't betting on that. I guess its odds thing, people heavily bet on the favorites and then that makes the odds horrible for the favorites, which in the long run great for the underdog gamblers but it still means people will not bet on those odds for too long and go with other places that offer higher odds. Maybe deciding what the odds should be shouldn't be our choice? Cheesy.

I've got to admit I did enjoy checking back in to see the changing nature of the various bets' tallies over the course of a few days/weeks and be able to see exactly how many people had placed wagers on the various contenders, the payouts on offer and the prize pools etc.

I'm hoping that the recent advent of FUN tokens into freebitco.in is the only reason for the lack of available spots to place bets on and that there's not any underling restrictions placed of the site by any govt agencies that are jurisdictional.

it's just a logistical issue with getting the bets up in time. We've just put the football semi-finals up but with these knockout competitions, we don't know the next fixtures until the last moment. We tried to do the NBA playoffs but they start playing the next series as soon as you know what teams have gone through. It'll get back to normal when the summer is over and there are regularly scheduled games.
legendary
Activity: 2604
Merit: 2353
I do too, I do not know if it was very little betting that made them stop, or whatever the reason but to have European cup and then not have bets on it means that they probably fully stopped with the soccer bets. They didn't had champions league as well as far as I can remember, and they are probably not going to have anything when next season starts neither.
It's sad you didn't take the time to check your claims before posting, you would realize you were about to post fakenews. If you look at the Expired bets page you can see that 32 bet markets have been opened during the European Cup while 48 matches have taken place to date. That is to say, there have been 2 bet markets available for 3 matches. I'm not saying it's enough to attract bettors and Freebitcoin shouldn't make more efforts on this matter(currently only 2 markets are opened aside from cryptos price markets) but it's false to say they are not offering bet markets for important soccer matches at least.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
The current price of FUN is quite low now compared to the price 3 months ago so I just take advantage it.

The truth is the biggest advantage is that the price is much lower compared to bitcoin and compared to USD which makes it a good investment to buy now. but I fear that if for some reason the price of FUN falls below the support that is at 39 satoshi it will have a sharp drop in price to levels from 33 satoshi to 23 satoshi, if by chance it drops to these levels I will buy a lot to be able to make 3X to 4X profit in the future.

locked funds mean something like this: When there is a high demand on thing X and it's not available, the price on thing X increases.
I don't think it's as simple as that in reality. If you look at the FUN token price you'll see it didn't change since the beginning of this offer and is still at  49 satoshis. Usually this kind of investment is offered more to create a craze and to attract new investors than to deter previous ones from selling them.

Maybe it is too early to see the effect of this offering. Let us see maybe a week or two if there will be change in its value. But if nothing else, it is up to you if you will put your fun tokens to locked savings. There is flexible savings option so you can redeem your savings anytime you want if you don't want your tokens to be locked at a specified period of time. But you also need to check the time frame of redeeming the flexible savings.

usually any currency increases in price immediately as soon as some good news is released, in this case as the price did not increase much immediately after the release of the news it may be due to the caution that people are taking because it is not yet known which direction the market is going, many altcoins are dropping a lot in volume
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
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Great to know.As the advice I have already given before,it is good to deposit and get the free spins for every deposit which has a minimum of 30.000 Satoshi or 0.0003 Bitcoin.Beside that you can buy FUN tokens to increase your number of daily free spins from being a Premium member with the Bitcoin deposits you make.This is my strategy to increase both in FUN tokens and both in free spins which I like to share with everyone as I think it is a win-win situation here.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
I do too, I do not know if it was very little betting that made them stop, or whatever the reason but to have European cup and then not have bets on it means that they probably fully stopped with the soccer bets. They didn't had champions league as well as far as I can remember, and they are probably not going to have anything when next season starts neither.

I can't say I am shocked, many places that does pvp gambling on sports usually stops, there were two other places that did before here and they had to stop as well because it wasn't making any profit at all, people weren't betting on that. I guess its odds thing, people heavily bet on the favorites and then that makes the odds horrible for the favorites, which in the long run great for the underdog gamblers but it still means people will not bet on those odds for too long and go with other places that offer higher odds. Maybe deciding what the odds should be shouldn't be our choice? Cheesy.

It was always pretty good collections from the bets I used to participate in but yeah, I honestly haven't been using them since last season ended, used them quite a bit for regular La Liga and Champions League but have to say the odds were never really good for me (I never did big calculations but I think someone in the past pointed out if you get an upset + weight factor, then it's really good value BUT I rarely bet so far ahead in advance:)

Still feels like it should be profitable even if they get 1 BTC in collection though, but maybe not worth the effort for them?
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