FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 799.

slaman29

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Quote from: arallmuus on February 23, 2021, 04:28:50 PM

It sucks when we lose and in this case it really sucks when you have to cut loss because the price is tanking

Win some lose some, gambling is really all about that, and we just have to accept that fun is the only thing we can guarantee to happen (but need the right mindframe for that to happen!).

Price tanking, normal. ETH crashed to $700 on kraken yesterday. They say crash, I say buy signal!!;)

STT

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Quote from: Saint-loup on February 23, 2021, 07:08:33 AM

You're not worried about convincing many bettors to follow your strategy? If much people bet as you've done, the odds could fall and finally prevent you to cover your losses with your hedge.

Its a big site and bets have been open the whole month, I think he can rest easy his post is not going to turn the tide especially. So far as I know the majority of users never come to this thread or maybe this forum, its a global site and though we do have other languages here its primarily English speakers based.
I didnt especially jump on any prediction because the price itself is turbulent, how the heck am I supposed to know which way it goes. I just left what I already bet, I can see the recent low is put there for a good reason and in theory its exceeded the down trend from Sunday peak. But the idea of the sell, the momentum stall is more lasting then just that sell. I'd guess sure we end month over 50k but thats already the favorite and Im not not with massive confidence it sticks. We touched 48k area twice, so double bottom but it might need a bit more time.

arallmuus

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Quote from: Poker Player on February 23, 2021, 02:09:25 PM

-snip-

Im not going to continue this conversation with you because it seems to be derailing the thread from its proper discussion but this was announced during the bullish season and currently btc is going through bearish season so most alts ( including FUN ) would be taking hits as well. It probably could be a different story if it wasnt a bullish season though

It sucks when we lose and in this case it really sucks when you have to cut loss because the price is tanking

Saint-loup

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Quote from: UserU on February 23, 2021, 07:35:07 AM

Quote from: Saint-loup on February 23, 2021, 07:08:33 AM

You're not worried about convincing many bettors to follow your strategy? If much people bet as you've done, the odds could fall and finally prevent you to cover your losses with your hedge.

Right after seeing his post, I went all-in with my balance Grin

Nothing much to lose anyway, it's about time for a correction after the short-term bubble. Now with those paper hands, the opportunists are swooping in.

LOL UserU that was to be expected. But now I've read Timelord2067's strategy, I wonder if Betwrong wasn't just exposing this to do the opposite after this, and place bigger amounts on high BTC prices Grin

Poker Player

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Quote from: arallmuus on February 23, 2021, 07:50:07 AM

On the contrary, the price of the FUN token has been going up ever since it was introduced on the platform but this is not a newly minted token, it has existed for 2 years that means there are several bag holders even before freebitcoin started to announce this on their platform.

What?

It is not clear to me if you are referring to when it was introduced in the beginning or when it was introduced in the freebitco.in platform but no, it doesn't matter. Not at all:

https://coinmarketcap.com/currencies/funfair/

You can see it there. When it was launched it was pumped and then the price went dead until recently just like a month before freebitco.in announced the rewards program, but then just after few days it started to drop. So, we see the same patter in both cases. Don't tell me that the price: "has been going up ever since it was introduced on the platform"

Quote from: arallmuus on February 23, 2021, 07:50:07 AM

Those bag holders were probably taking profit from the hype and sold of their stash

Yes that's what's probably happened.

Quote from: arallmuus on February 23, 2021, 07:50:07 AM

Some people are also buying those token to enjoy the early benefit of getting those perks after the grand launch on March so most of them doesnt really care about the price unlike you

Good for them but that does sound emotional to me and not rational at all, because if you are going to lose 99% of your investment, as it usually happens with many shitcoins, a couple of free spins more or a little bit more cashback/interest is not going to compensate your loss.

Quote from: Poker Player on February 23, 2021, 12:42:48 AM

Yes you are, if you are being rational then there is no point for you to complain about it because you take your own risk and has sold off your stash.

Yes, of course, just because you say so.

Quote from: UserU on February 23, 2021, 02:21:23 AM

It's up to you, but I'll just continue to hold it since until FBC announced about using it, I almost forgot FunFair existed.

Also, just a few cents so no point cutting losses unless you've purchased a substantial amount, like 100 grand. I'm only holding ~5K so I'd just leave them be as I get my share of free spins and some other goodies.

As I said before, I am not a gambler, so I don't care about the rewards. And no, I haven't invested 100 grand, just a small percentage of my BTC holdings, but I don't like losing any and I think I can discuss here what's happening can't I?

freebitco.in PR

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icopress

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Quote from: arallmuus on February 23, 2021, 07:50:07 AM

Some people are also buying those token to enjoy the early benefit of getting those perks after the grand launch on March so most of them doesnt really care about the price unlike you [...]

In general, yes, especially if you plan to hodl FUN's for more than a year. Personally, I would not be embarrassed even by a threefold drop in the price, since I see the prospect in 10 daily rotations of the "Wheel of Fortune". But the prospect of losing your initial investment fivefold looks rather bleak ... unless you plan on hodling FUN until the next bullish season.

arallmuus

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Quote from: Poker Player on February 23, 2021, 12:42:48 AM

When can I expect to be bullish? All freebitco.in userbase knows about the program. When can you expect they are going to buy more than now? Freebitco.in userbase isn't able to drive the price up and they are not going to buy more in six months than now.

Everybody know about the rewards program already. This is not about being emotional. This is a rational argument. Freebitco.in demand isn't able to drive the price up in the first weeks and the main argument to think that the price was going to appreciate was that they freebitco.in userbase would drive it up as it was announced and I already quoted in this same thread some pages ago.

On the contrary, the price of the FUN token has been going up ever since it was introduced on the platform but this is not a newly minted token, it has existed for 2 years that means there are several bag holders even before freebitcoin started to announce this on their platform. Those bag holders were probably taking profit from the hype and sold of their stash

Some people are also buying those token to enjoy the early benefit of getting those perks after the grand launch on March so most of them doesnt really care about the price unlike you

Quote from: Poker Player on February 23, 2021, 12:42:48 AM

This is not about being emotional. On the contrary, this is about being very rational.

Yes you are, if you are being rational then there is no point for you to complain about it because you take your own risk and has sold off your stash.

Timelord2067

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I put a small bet on the $60,001 to $75,000 range and within about an hour of me doing so, the price has been in free-fall causing the odds to open out as other price ranges have wagers placed on them.

It'd be funny if once betting stops for this month and the price reverts and manages to fall over the $60,001 line for me.

Grin

UserU

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Quote from: Saint-loup on February 23, 2021, 07:08:33 AM

You're not worried about convincing many bettors to follow your strategy? If much people bet as you've done, the odds could fall and finally prevent you to cover your losses with your hedge.

Right after seeing his post, I went all-in with my balance Grin

Nothing much to lose anyway, it's about time for a correction after the short-term bubble. Now with those paper hands, the opportunists are swooping in.

Saint-loup

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Quote from: Betwrong on February 23, 2021, 06:46:06 AM

And here we go

I just placed my bet on "$40,001 - $50,000" range

but I'm really not sure about the falling not going further, below $40k. I mean, I know we'll see another ATH in the future, but who knows how long will it take for that? Not this week, that's for sure.

And my earlier bets on Ethereum price, "$1,251 - $1,500" and "$1,501 - $2,000", don't look safe anymore.

I just placed two small bets on these ranges

Just in case. It's only a game after all.

You're not worried about convincing many bettors to follow your strategy? If much people bet as you've done, the odds could fall and finally prevent you to cover your losses with your hedge.

peter0425

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I have lose all my RP in Boosting and still losing lol,I think i have no luck this year start Grin

Maybe i should try the referral system now for added income .

Betwrong

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And here we go

I just placed my bet on "$40,001 - $50,000" range

but I'm really not sure about the falling not going further, below $40k. I mean, I know we'll see another ATH in the future, but who knows how long will it take for that? Not this week, that's for sure.

And my earlier bets on Ethereum price, "$1,251 - $1,500" and "$1,501 - $2,000", don't look safe anymore.

I just placed two small bets on these ranges

Just in case. It's only a game after all.

UserU

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Quote from: Poker Player on February 22, 2021, 01:26:51 PM

One thing is the price of Bitcoin and another thing is what happens to the price of shitcoins. I am a long term investor in Bitcoin and in the stock market, I have been for quite a few years now. But to think that shitcoins are going to behave like the Bitcoin or the S&P 500 is quite naive because in most cases the only thing they are good for is to lose purchasing power in terms of Bitcoin. That is when they are not part of pump and dump schemes from which only a few benefit.

Regarding the FUN token, I see it quite wrong. Today it is even going down in $ terms. I think all of us who buy are at a clear loss whether we reference it to the Bitcoin or the dollar. And I also think this is not what the Freebitco.in team expected.

I invested in the token, and it is the only time I have invested in a shitcoin, because Freebitco.in is behind the project, but I plan to cut losses on March 15 and forget about it.

It's up to you, but I'll just continue to hold it since until FBC announced about using it, I almost forgot FunFair existed.

Also, just a few cents so no point cutting losses unless you've purchased a substantial amount, like 100 grand. I'm only holding ~5K so I'd just leave them be as I get my share of free spins and some other goodies.

Poker Player

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Quote from: arallmuus on February 22, 2021, 05:28:04 PM

Quote from: Poker Player on February 22, 2021, 01:26:51 PM

Regarding the FUN token, I see it quite wrong. Today it is even going down in $ terms. I think all of us who buy are at a clear loss whether we reference it to the Bitcoin or the dollar.

Basically every other altcoins is going down because of btc price dropped down

Yes LOL. When BTC price was going up, altcoins were going down, and now that it's going down they also go down. So they go down anyway, therefore better to just hold BTC.

Shitcoins or this token going down in Bitcoin terms doesn't worry me as much as going down in fiat terms, which is also happening

Quote from: arallmuus on February 22, 2021, 05:28:04 PM

Quote from: Poker Player on February 22, 2021, 01:26:51 PM

And I also think this is not what the Freebitco.in team expected.

Im pretty sure that they are aware of this, you cant expect it to be bullish for the whole year isnt it?

When can I expect to be bullish? All freebitco.in userbase knows about the program. When can you expect they are going to buy more than now? Freebitco.in userbase isn't able to drive the price up and they are not going to buy more in six months than now. Everybody know about the rewards program already. This is not about being emotional. This is a rational argument. Freebitco.in demand isn't able to drive the price up in the first weeks and the main argument to think that the price was going to appreciate was that they freebitco.in userbase would drive it up as it was announced and I already quoted in this same thread some pages ago.

Quote from: arallmuus on February 22, 2021, 05:28:04 PM

Quote from: Poker Player on February 22, 2021, 01:26:51 PM

I invested in the token, and it is the only time I have invested in a shitcoin, because Freebitco.in is behind the project, but I plan to cut losses on March 15 and forget about it.

Quote from: arallmuus on February 22, 2021, 05:28:04 PM

I thought you are a long term investor and would hold it for around a year? Tongue

. Every coin / token is basically a shitcoin unless you are getting profit from it and not everyone is a winner in crypto market

So, what?

Quote from: TimeTeller on February 22, 2021, 05:42:09 PM

You got him right there. Tongue

He what?

Quote from: TimeTeller on February 22, 2021, 05:42:09 PM

Sometimes, we are too emotional when our investments is going down hard.

This is not about being emotional. On the contrary, this is about being very rational. Give me one rational argument to think that freebitco.in userbase demand will drive the price up when it isn't already that isn't based on the faith you have in the site like you have faith in God.

TimeTeller

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Quote from: arallmuus on February 22, 2021, 05:28:04 PM

Quote from: Poker Player on February 22, 2021, 01:26:51 PM

Regarding the FUN token, I see it quite wrong. Today it is even going down in $ terms. I think all of us who buy are at a clear loss whether we reference it to the Bitcoin or the dollar.

Basically every other altcoins is going down because of btc price dropped down

Quote from: Poker Player on February 22, 2021, 01:26:51 PM

And I also think this is not what the Freebitco.in team expected.

Im pretty sure that they are aware of this, you cant expect it to be bullish for the whole year isnt it?

Quote from: Poker Player on February 22, 2021, 01:26:51 PM

I invested in the token, and it is the only time I have invested in a shitcoin, because Freebitco.in is behind the project, but I plan to cut losses on March 15 and forget about it.

I thought you are a long term investor and would hold it for around a year? Tongue

. Every coin / token is basically a shitcoin unless you are getting profit from it and not everyone is a winner in crypto market

Quote from: Poker Player on February 17, 2021, 11:38:50 AM

Not really, I am a long term investor. Both in the stock market and in Bitcoin. As I said in previous posts, my initial idea was to hold the tokens for around a year at least but I couldn't have imagined such a bad start.

You got him right there. Tongue

But who knows, his decision will change once he sees that the price is going up again?
Sometimes, we are too emotional when our investments is going down hard.
But when the light comes in, we change our decisions. This Fun token venture of freebitco is not a short term project for them.
So I believe, they have plans how to make this valuable in the market, maybe not today, but in the near future, we will see the fruit of your investments.

arallmuus

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Quote from: Poker Player on February 22, 2021, 01:26:51 PM

Regarding the FUN token, I see it quite wrong. Today it is even going down in $ terms. I think all of us who buy are at a clear loss whether we reference it to the Bitcoin or the dollar.

Basically every other altcoins is going down because of btc price dropped down

Quote from: Poker Player on February 22, 2021, 01:26:51 PM

And I also think this is not what the Freebitco.in team expected.

Im pretty sure that they are aware of this, you cant expect it to be bullish for the whole year isnt it?

Quote from: Poker Player on February 22, 2021, 01:26:51 PM

I invested in the token, and it is the only time I have invested in a shitcoin, because Freebitco.in is behind the project, but I plan to cut losses on March 15 and forget about it.

I thought you are a long term investor and would hold it for around a year? Tongue

. Every coin / token is basically a shitcoin unless you are getting profit from it and not everyone is a winner in crypto market

Quote from: Poker Player on February 17, 2021, 11:38:50 AM

Not really, I am a long term investor. Both in the stock market and in Bitcoin. As I said in previous posts, my initial idea was to hold the tokens for around a year at least but I couldn't have imagined such a bad start.

Poker Player

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Quote from: UserU on February 22, 2021, 11:19:44 AM

Quote from: slaman29 on February 22, 2021, 06:38:59 AM

Only thing is not everyone in crypto treats investments longterm. Weak hands are good for those late in the game though right guys? Wink

Haha, I can't agree more.

Earlier on, the price of BTC slid from 28K all the way to 51K. Those newbies really had a fright just like those pre-2018 veterans back then Grin

One thing is the price of Bitcoin and another thing is what happens to the price of shitcoins. I am a long term investor in Bitcoin and in the stock market, I have been for quite a few years now. But to think that shitcoins are going to behave like the Bitcoin or the S&P 500 is quite naive because in most cases the only thing they are good for is to lose purchasing power in terms of Bitcoin. That is when they are not part of pump and dump schemes from which only a few benefit.

Regarding the FUN token, I see it quite wrong. Today it is even going down in $ terms. I think all of us who buy are at a clear loss whether we reference it to the Bitcoin or the dollar. And I also think this is not what the Freebitco.in team expected.

I invested in the token, and it is the only time I have invested in a shitcoin, because Freebitco.in is behind the project, but I plan to cut losses on March 15 and forget about it.

Quote from: justdimin on February 22, 2021, 01:24:55 PM

I also believe that because of the addition to freebitco.in there was an "unnecessary" increase in the price of fun tokens, obviously the market decides what the price is but it went up too high lately, it was too much of a pump and obviously just like any pump there was a dump afterwards.

Yes, but the pump occurred just before the token started to be sold on the freebitco.in website. And the dump started just a bit after people started buying. Food for thought.

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I also believe that because of the addition to freebitco.in there was an "unnecessary" increase in the price of fun tokens, obviously the market decides what the price is but it went up too high lately, it was too much of a pump and obviously just like any pump there was a dump afterwards. This is why I think it is quite obvious that we work with the things we have in our hands and fun token was just too overblown during that period so we should have waited for it to calm down, like they say "buy low, sell high" but we didn't do that.

Long story short we are going to end up with a bit of a low sats for a while but I am sure it will eventually recover, it is not going to be in a day but I know that as long as altcoins do go for a recover fun token is not that different from any of them and it will recover as well. I say during spring we will go back to what it was.

arallmuus

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Quote from: KennyXBTC on February 22, 2021, 03:02:16 AM

Btw let's say that i going to buy 5000 token , which way is better ? from exchange or from official site

If you dont mind the price drop after btc crash then simply purchase it right away from the site but if you concern about it then purchase it from exchange. The downside would be that you wouldnt be able to enjoy those benefits after they are launched at March but 2018 crash made most alts drop more than 60% of their value so this could be one of a hell of a drop in case btc crash

Aside from the price issue because we might be in a bearish market soon, there are tons more benefits to purchase it from the site though

Quote from: KennyXBTC on February 22, 2021, 11:28:19 AM

let's say i have 5k token , but i do not have any BTC amount on it , will i still any interest ?

No

Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 799. (Read 565711 times)