FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 795.

babygun

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Quote from: jaysabi on February 28, 2021, 12:56:16 AM

And I've done the calculations on FUN and took a pass on it because I didn't deem it a worthwhile investment, based solely on the math. Everyone has to make their own determination about that though.

How did you calculate it ? I decided to jump on it and bought 2500 FUN tokens awhile ago to obtain the premium membership. I think they will keep adding advantages and that in the long end (maybe a couple of years), it will be beneficial.
Besides that, as they have now acquired the FUN tokens, the price of these tokens will probably increase also. This token may have been dead for a couple of years, but it clearly shows that freebitco.in has a plan with these tokens and will actively further develop and improve this.

jaysabi

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Quote from: uneng on February 27, 2021, 11:30:19 AM

Quote from: jaysabi on February 27, 2021, 09:58:23 AM

Quote from: arallmuus on February 27, 2021, 09:05:20 AM

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

[snip]

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

Having trading volume doesn't mean it has utility, it just means people are speculating in it. So that doesn't mean it's not a shitcoin. Also, having a whitepaper doesn't mean it's not a shitcoin either. Since it's a vague term without a universal definition, you'll probably get variations from person to person, but I would consider a coin with no utility or no problem to solve to be a shitcoin. I.e., it doesn't need to exist, or someone just created it to enrich themselves. That's 99% of all coins on coinmarket cap. There are only a handful that wouldn't fit this definition, and I'm not exactly sure FUN is one of them. Does it need to exist? No, not really. It's not currently doing anything bitcoin doesn't already do. Faster and cheaper aren't exactly breakthroughs anymore when there are other tons of other coins that do this too. Guess we'll see if FB can grow it into anything more than what it currently is.

I'm not sure yet how advantageous FUN investment could be, but it's not like 99% of altcoins in the market, because it actually offers some exclusive benefits to holders, such as free wheel daily spins and increasement in bitcoin interest income for FreeBitco.in's investors, depending on the amount you hold and on how long you are holding.
So it's not a token which relies in speculation to grow. The calculation someone should do is if extra free spins and bonus interest worth the investment in FUN coin.

It does have some utility because FB is using it, but still the question is why. What's it accomplish you can't do with bitcoin already? That's the crucial difference. It's like how JD used/uses CLAMS. (Dunno if they still do, haven't followed that site in a long time.) But that's another instance where CLAMS was a worthless coin, but it gained utility because it was the only coin JD would take for gambling. The use-case for the coin outside that site was virtually 0 though, and the overall question remained, why that coin specifically? It wasn't doing anything you couldn't do with bitcoin, so it was just useless differentiation.

And I've done the calculations on FUN and took a pass on it because I didn't deem it a worthwhile investment, based solely on the math. Everyone has to make their own determination about that though.

Saint-loup

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Quote from: uneng on February 27, 2021, 11:30:19 AM

I'm not sure yet how advantageous FUN investment could be, but it's not like 99% of altcoins in the market, because it actually offers some exclusive benefits to holders, such as free wheel daily spins and increasement in bitcoin interest income for FreeBitco.in's investors, depending on the amount you hold and on how long you are holding.
So it's not a token which relies in speculation to grow. The calculation someone should do is if extra free spins and bonus interest worth the investment in FUN coin.

Yes I agree with you and especially don't forget the (up to)1% cashback/rakeback on all what you'll wager in the hi-lo game and the parimutuel betting sportsbook, I really think it will interest all the biggest freebitcoin gamblers.

mindrust

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Quote from: arallmuus on February 27, 2021, 12:13:17 PM

No clue about this, nor do I care

Why don't you? 2 months ago FUN was sitting at the same spot WTC does now. The only reason it is at ~#130 now because freebitco.in bought it.

It was as alive as WTC is now.

darewaller

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Quote from: freebitco.in PR on February 26, 2021, 06:18:57 AM

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.

How do you really "acquire" a token? I mean that is a great news, freebitco.in should always have something that would make things easier for you to operate the business and you could even make deposits and withdrawals with it which could make things cheaper. Even with all of this in mind, just because you acquired a lot of tokens doesn't really make you the "owner" of that token but yes it is definitely a big deal that is for sure.

From what I understand, the best way to go would be BSC, binance smart chain definitely would make things cheaper and faster as well, that way you could end up with basically no problem at all. It is about 1 dollars or so to "approve" and then tiny few cents for it to be swapped there, pancakeswap could help you with that kind of deal, liquidity is easy there as well when you offer decent return on profit for it. This has potential to be insanely good, and also potential to fail, it all depends on how well it goes on.

arallmuus

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Quote from: mindrust on February 27, 2021, 09:44:16 AM

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

Its low but it is not dead, I've seen alot dead coins that got delisted from all exchanges. Thats what a dead coin is

Quote from: mindrust on February 27, 2021, 09:44:16 AM

Even that $300k volume was a lie

Lol, you might want to let coinmarketcap know about this if you think this is a fake volume coming from all those wash trading exchange because this is what listed there or pretty much just direct this all through email to let wetsuit know that they have choosen DEADcoin instead of having the option to create their own token

Quote from: mindrust on February 27, 2021, 09:44:16 AM

which tells me that you are a master bullshitter.

lol dont force your own logic Roll Eyes

Quote from: mindrust on February 27, 2021, 09:44:16 AM

WaltonChain (https://coinmarketcap.com/currencies/waltonchain/) is at #360 right now btw. What a nice & alive coin.

No clue about this, nor do I care

slaman29

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Quote from: Poker Player on February 27, 2021, 12:42:35 AM

Quote from: freebitco.in PR on February 26, 2021, 06:18:57 AM

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.

woo wow! I didn't see this coming at all to be honest, as much as I thought FBC did a pretty nifty move to make FUN part of the ecosystem, acquiring it is a whole new business direction. But as long as it makes the business more stable and diversify income, I'm all for it. Long live FBC and FUN

Time to fill bags people?

uneng

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Leading Crypto Sports Betting & Casino Platform

Quote from: jaysabi on February 27, 2021, 09:58:23 AM

Quote from: arallmuus on February 27, 2021, 09:05:20 AM

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

[snip]

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

Having trading volume doesn't mean it has utility, it just means people are speculating in it. So that doesn't mean it's not a shitcoin. Also, having a whitepaper doesn't mean it's not a shitcoin either. Since it's a vague term without a universal definition, you'll probably get variations from person to person, but I would consider a coin with no utility or no problem to solve to be a shitcoin. I.e., it doesn't need to exist, or someone just created it to enrich themselves. That's 99% of all coins on coinmarket cap. There are only a handful that wouldn't fit this definition, and I'm not exactly sure FUN is one of them. Does it need to exist? No, not really. It's not currently doing anything bitcoin doesn't already do. Faster and cheaper aren't exactly breakthroughs anymore when there are other tons of other coins that do this too. Guess we'll see if FB can grow it into anything more than what it currently is.

I'm not sure yet how advantageous FUN investment could be, but it's not like 99% of altcoins in the market, because it actually offers some exclusive benefits to holders, such as free wheel daily spins and increasement in bitcoin interest income for FreeBitco.in's investors, depending on the amount you hold and on how long you are holding.
So it's not a token which relies in speculation to grow. The calculation someone should do is if extra free spins and bonus interest worth the investment in FUN coin.

jaysabi

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Activity: 2044

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Quote from: arallmuus on February 27, 2021, 09:05:20 AM

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

[snip]

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

Having trading volume doesn't mean it has utility, it just means people are speculating in it. So that doesn't mean it's not a shitcoin. Also, having a whitepaper doesn't mean it's not a shitcoin either. Since it's a vague term without a universal definition, you'll probably get variations from person to person, but I would consider a coin with no utility or no problem to solve to be a shitcoin. I.e., it doesn't need to exist, or someone just created it to enrich themselves. That's 99% of all coins on coinmarket cap. There are only a handful that wouldn't fit this definition, and I'm not exactly sure FUN is one of them. Does it need to exist? No, not really. It's not currently doing anything bitcoin doesn't already do. Faster and cheaper aren't exactly breakthroughs anymore when there are other tons of other coins that do this too. Guess we'll see if FB can grow it into anything more than what it currently is.

mindrust

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Quote from: arallmuus on February 27, 2021, 09:05:20 AM

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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]

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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.

arallmuus

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Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

Quote from: mindrust on February 27, 2021, 08:13:51 AM

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

Saint-loup

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Quote from: hosseinimr93 on February 26, 2021, 09:13:25 AM

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%

mindrust

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Quote from: arallmuus on February 26, 2021, 02:41:49 PM

Quote from: mindrust on February 26, 2021, 01:44:40 PM

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.

Quote from: arallmuus on February 26, 2021, 02:41:49 PM

Quote from: mindrust on February 26, 2021, 01:44:40 PM

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.

freebitco.in PR

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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!

Jemzx00

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Be nice!

Quote from: jaysabi on February 27, 2021, 01:27:27 AM

Quote from: freebitco.in PR on February 26, 2021, 06:18:57 AM

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

jaysabi

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Quote from: freebitco.in PR on February 26, 2021, 06:18:57 AM

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.

UserU

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Quote from: Saint-loup on February 27, 2021, 12:26:18 AM

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...

Poker Player

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Quote from: freebitco.in PR on February 26, 2021, 06:18:57 AM

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.

Saint-loup

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Quote from: FinneysTrueVision on February 26, 2021, 10:28:14 PM

Quote from: Saint-loup on February 26, 2021, 09:18:29 PM

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.

Bttzed03

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Quote from: tygeade on February 26, 2021, 02:21:10 PM

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.

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 795. (Read 565681 times)