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Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 760. (Read 555104 times)

legendary
Activity: 3276
Merit: 2442
It doesn't make sense. FUN is (or was) already a dead shitcoin without any trading volume.

This is pretty much an exaggeration of your own statement. Here is the screenshot for the daily trading volume of FUN Fair on 1st November 2020 - 7th November 2020 taken from coinmarketcap. It has decent volume although it is not that much compared with other alts but atleast it is not dead

[img https://i.imgur.com/7pAObts.png[/img]

You don't need a whitepaper to become a legitimate currency nowadays. You can create your own on the ETH blockchain and nobody will care if it has a whitepaper or not.

I dont say anything about having whitepaper to get your own token. For me shitcoins would be coins / token that has nothing at all besides their splendid whitepaper. Thats literally what shitcoins means for me

Which means it was dead. DEAD. I wasn't alive. It never was. It had no audience or whatsoever.

Its not, its struggling but atleast it is not dead. Anything with over few hundred thousand of daily volume is pretty much decent when there are tons of other dead coins in coinmarketcap's list

You have just proven me right. These numbers are very low.

Even that $300k volume was a lie considering that binance still lists exchanges with fake trading volume. Its honest trading volume was probably below $50k. Historical snapshots don't show the trading volume by exchange so I can't know where was that trading volume coming from but It is not hard to imagine that it was all coming from the wash-trading exchanges.

Following your logic any shitcoin at #360th spot isn't a shitcoin right now which tells me that you are a master bullshitter.

WaltonChain is at #360 right now btw. What a nice & alive coin.
legendary
Activity: 2562
Merit: 1414
It doesn't make sense. FUN is (or was) already a dead shitcoin without any trading volume.

This is pretty much an exaggeration of your own statement. Here is the screenshot for the daily trading volume of FUN Fair on 1st November 2020 - 7th November 2020 taken from coinmarketcap. It has decent volume although it is not that much compared with other alts but atleast it is not dead



You don't need a whitepaper to become a legitimate currency nowadays. You can create your own on the ETH blockchain and nobody will care if it has a whitepaper or not.

I dont say anything about having whitepaper to get your own token. For me shitcoins would be coins / token that has nothing at all besides their splendid whitepaper. Thats literally what shitcoins means for me

Which means it was dead. DEAD. I wasn't alive. It never was. It had no audience or whatsoever.

Its not, its struggling but atleast it is not dead. Anything with over few hundred thousand of daily volume is pretty much decent when there are tons of other dead coins in coinmarketcap's list
legendary
Activity: 2604
Merit: 2353
5%

The house edge can be calculated as follows.
HE= 1- (Odds * Win chance)

For example, if you set the odds to 2, the win chance would be 0.475
So, the house edge is 1 - (2 * 0.475) = 0.05 = 5%
Yes you're right and with this formula you can also calculate your actual winning chances when you know the house edge and the odds.

Winning chances =1 - HE
Odds

But you can also calculate the House edge without knowing the winning chances and the odds.
When a dice game/hi-lo game prevents to bet on a range of value you just need to divide this range by the maximum value.
Here we have (5250-4750)/10 000 = 0.05 = 5%                    
 
                
legendary
Activity: 3276
Merit: 2442
Why buy FUN tokens? You could have created your own token on the ETH blockchain and had 100% of it.

If freebitco.in create a new token, they will need to do everything from the scratch again which also means they will need to create a demand for the new Token. Demand from freebitco.in user is definitely not enough, they will need to target new  people that dont use freebitco.in before which is why using/buying existed token like FUN is a better option

Some people that hold FUN might be a potential new user for freebitco.in so they are targeting those people as well

It doesn't make sense. FUN is (or was) already a dead shitcoin without any trading volume. The demand for FUN tokens was already zero before freebitco.in announced that they bought some.

Isn't it just another shitcoin?

Its not . Fun Fair has their own casino and their token is sitting around #100-#150 in coinmarketcap.com . Thats definitely not a shitcoin . Most shitcoins have nothing but a splendid whitepaper

You don't need a whitepaper to become a legitimate currency nowadays. You can create your own on the ETH blockchain and nobody will care if it has a whitepaper or not.

FUN is at #131 right now btw.

2 months ago before the freebitco.in stuff, it was at #363.
https://coinmarketcap.com/historical/20201227/

Which means it was dead. DEAD. I wasn't alive. It never was. It had no audience or whatsoever.
copper member
Activity: 1485
Merit: 23
freebitco.in Official PR Account
FUN Token - The Future of Online Gaming

FreeBitco.in has acquired a majority of the FUN Token cold storage i.e. 3.75 billion FUN Tokens in a bid to change the face of online gaming for good.

The FUN Token is a fast, transparent, and decentralized token developed specifically for the online gambling and gaming industry. FreeBitco.in seeks to harness its potential, improve its utility and value, and use it to eliminate the existing drawbacks of the online gaming industry.

And, in order to achieve that, FreeBitco.in is committed towards taking up certain initiatives (see image below) that will significantly transform how the iGaming industry operates. To learn more, visit the FUN Token website.

Join the iGaming Revolution with FreeBitco.in. Buy FUN Tokens now!

hero member
Activity: 1498
Merit: 547
Top Crypto Casino
OFFICIAL ANNOUNCEMENT - FreeBitco.in Has Acquired FUN Token!

Recently, we introduced the FreeBitco.in community to the FUN Token through our Premium Membership Program. Now, we're going one step further...

Wow, definitely didn't see this one coming. Gotta say that I haven't been too interested in FUN to this point because this seemed a little pumpy, but FB taking over FUN lends more weight to FB's belief in the future of the token.  Definitely paints this all in a different light now.
With this news, I gotta get moving and starts acquiring more and more FUN tokens as soon as possible. The way FB trusted FUN tokens and even acquiring them will surely made it's price to go up. Currently, I have been managing to get a hold of some FUN tokens thru Wheel of Fortune and some betting but right now, I'll invest more of my crypto unto it.

Let's wait until FUN tokens to enter rank 100 on coinmarketcap anytime now, it's currently on rank 131 but FB acquiring them will surely enough reason for it to enter on rank 100. Goodluck to us who have FUN tokens.  Cheesy
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
OFFICIAL ANNOUNCEMENT - FreeBitco.in Has Acquired FUN Token!

Recently, we introduced the FreeBitco.in community to the FUN Token through our Premium Membership Program. Now, we're going one step further...

Wow, definitely didn't see this one coming. Gotta say that I haven't been too interested in FUN to this point because this seemed a little pumpy, but FB taking over FUN lends more weight to FB's belief in the future of the token.  Definitely paints this all in a different light now.
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10

Yes I saw that, they've even announced a transfer on another blockchain cheaper and faster but nobody knows how much time it will take to accomplish all those goals, so I was just making an assumption.

Hopefully in the near future. Imagine having to pay ETH transaction fees just to move some FUN tokens around.

Just like BAT and Uphold, transferring them out to another wallet already cost 35 dollars...
legendary
Activity: 1372
Merit: 2017
OFFICIAL ANNOUNCEMENT - FreeBitco.in Has Acquired FUN Token!

That is great news! This is to not surprising coming from a company with the great reputation that freebitco.in has. It shows it cares a lot about its customers.
legendary
Activity: 2604
Merit: 2353
Thank you for sharing this address, this is an interesting find. According to Freebitcoin figures 86 000 users bought 84 000 000 tokens till now that's about 1000 tokens per user. So to sell 3,75 billion tokens to users it will need to convince 3,75 million users.

There are also plans to do token burnings, developing new uses for FUN, and creating partnerships to increase demand. It will not be necessary to convince millions of users. The price should go upwards over time if we see these plans become a reality.
Yes I saw that, they've even announced a port of the token on another blockchain cheaper and faster but nobody knows how much time it will take to accomplish all those goals, so I was just making an assumption.
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
Honestly if you are not getting the wheel thingy from mail, you are not missing too much. I am subscribed to it and I am getting it daily and it is really not that shocking at all. So far I have received basically 50 satoshi or 50 RP almost all the time, I have done this more than 20 times now and got 19 times those 50 satoshi or 50 rp deal and only got one 400 satoshi or something and that is nothing as well you may realize.

So, basically it is a free once a day thing and not like I expect 10 btc from it neither, they can't just give people tons of money there all the time because it is once a day but if you think you are missing out something do not feel like that because it is not really anything special.
I am not thinking highly of the rewards I get from the daily Free Spins but those small rewards in sats and rp can turn into something more valuable. I'll just convert them into lottery tickets and wait for lady luck to come. Today, I got 450 lottery tickets and it was probably the biggest reward I've got.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
Thank you for sharing this address, this is an interesting find. According to Freebitcoin figures 86 000 users bought 84 000 000 tokens till now that's about 1000 tokens per user. So to sell 3,75 billion tokens to users it will need to convince 3,75 million users.

There are also plans to do token burnings, developing new uses for FUN, and creating partnerships to increase demand. It will not be necessary to convince millions of users. The price should go upwards over time if we see these plans become a reality.
legendary
Activity: 2604
Merit: 2353
snip
Thank you for sharing this address, this is an interesting find. According to Freebitcoin figures 86 000 users bought 84 000 000 tokens till now that's about 1000 tokens per user. So to sell 3,75 billion tokens to users it will be needed to convince 3,75 million users.
legendary
Activity: 1022
Merit: 1043
αLPʜα αɴd ΩMeGa
Why buy FUN tokens? You could have created your own token on the ETH blockchain and had 100% of it. What is so special about FUN? I don't really understand why is FUN being hyped. Isn't it just another shitcoin?

That's a good question, I haven't really dealt with the token yet. I just assume that the operators already know what they are doing.
They wrote in their last announcement that they made a good deal and acquired 3,750,000,000 FUN tokens.

These 3,750,000,000 FUN tokens alone represent a current market value of $114,700,000.00 US dollars ( ~78,240 ETH).

Out of curiosity, I would be interested to know how much was paid for the tokens in the end... Cheesy

After a short research I also came across the Ethereum-Wallet of FreeBitco.in:

https://etherscan.io/address/0xa86d199c756ee927c4a4c72c2f5d9673d3cdb2aa



legendary
Activity: 2562
Merit: 1414
Why buy FUN tokens? You could have created your own token on the ETH blockchain and had 100% of it.

If freebitco.in create a new token, they will need to do everything from the scratch again which also means they will need to create a demand for the new Token. Demand from freebitco.in user is definitely not enough, they will need to target new  people that dont use freebitco.in before which is why using/buying existed token like FUN is a better option

Some people that hold FUN might be a potential new user for freebitco.in so they are targeting those people as well

Isn't it just another shitcoin?

Its not . Fun Fair has their own casino and their token is sitting around #100-#150 in coinmarketcap.com . Thats definitely not a shitcoin . Most shitcoins have nothing but a splendid whitepaper
legendary
Activity: 2086
Merit: 1058
Honestly if you are not getting the wheel thingy from mail, you are not missing too much. I am subscribed to it and I am getting it daily and it is really not that shocking at all. So far I have received basically 50 satoshi or 50 RP almost all the time, I have done this more than 20 times now and got 19 times those 50 satoshi or 50 rp deal and only got one 400 satoshi or something and that is nothing as well you may realize.

So, basically it is a free once a day thing and not like I expect 10 btc from it neither, they can't just give people tons of money there all the time because it is once a day but if you think you are missing out something do not feel like that because it is not really anything special.
legendary
Activity: 3276
Merit: 2442
Why buy FUN tokens? You could have created your own token on the ETH blockchain and had 100% of it. What is so special about FUN? I don't really understand why is FUN being hyped. Isn't it just another shitcoin?
jr. member
Activity: 64
Merit: 2
It happens often to me that I see two emails from FreeBitco.in in my box, and I claim two free spins of WOF, one after another.

BUT, it's not that I receive 2 free spins per day. Since
~snip
Yes, I know that because it also happens to me that sometimes there is a day when I can not spin and I can only do it the next day after spinning the spin received the next day.  In the case that @NJ89 shared, he said he received two emails within 24 hours, or maybe the one mail did not have a free spin but he said that they had both.

Exactly, all emails listed in the screenshot I posted contained 1 free spin each. On average, I get 2 per day. On the 23rd I got 3, but on the 21st I only got 1. So there's a slight inconsistency, but I'm still very happy... Smiley
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
Oh boy, FUNFair is gonna go for a ride!

So I guess now more casino operators might consider adopting FUN with the Freebitcoin working on its development.
legendary
Activity: 1022
Merit: 1043
αLPʜα αɴd ΩMeGa
OFFICIAL ANNOUNCEMENT - FreeBitco.in Has Acquired FUN Token!

Recently, we introduced the FreeBitco.in community to the FUN Token through our Premium Membership Program. Now, we're going one step further...

FreeBitco.in has acquired a majority of the FUN Token cold storage and we're taking the reins of the token into our own hands. We plan to develop the token's utility, grow its value, and establish it as the token of choice for the iGaming industry.

We have acquired 3.75 Billion FUN Tokens in a major deal. Read on to learn about our vision for FUN Token:

1. Strategic Burning of Tokens: FreeBitco.in plans to invest a substantial portion of its bottom line into strategically acquiring and burning FUN tokens to elevate their value over time.

2. Improving Liquidity: FreeBitco.in is working on increasing FUN’s liquidity across all markets, thus making it easily accessible and tradeable. This is evidenced by a cumulative influx of $3 million in the FUN/ETH and FUN/USDC trading pairs on Uniswap recently, and other exchanges are set to follow.

3. New Blockchain: Based on the Ethereum blockchain, FUN prided itself on being fast, open, and secure. However, the growth of DeFi on Ethereum has been pushing gas prices up for many months, making the adoption of FUN too expensive for users. FreeBitco.in is actively exploring opportunities to port the FUN Token to a new blockchain that is faster and cheaper.

4. Dedicated Wallet: FreeBitco.in is working on creating a dedicated wallet for FUN users that can operate seamlessly between different iGaming platforms. The wallet would also help users convert their FUN tokens into multiple crypto and fiat currencies.

5. Proactive Development: FreeBitco.in is assembling a development team to build innovative, consumer-facing apps based around the FUN token, thus creating more use cases, strengthening utility, and promoting adoption.

6. Creating Effective Partnerships: FreeBitco.in seeks to build productive partnerships and affiliations with other iGaming entities to promote FUN’s identity as a transactional currency in online gambling.

And this is in addition to the Premium Membership Program that allows users to earn extraordinary benefits with FUN Tokens!

Join the iGaming revolution with FreeBitco.in; Buy FUN Tokens NOW!
~

The FUN tokens are increased in price again. Now it must only continue in the same direction!
It's not long time until the launch on the FreeBitco.in website...
All in all, your announcement sounds great!
I am curious where the journey goes in future...
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