Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 8. (Read 522310 times)

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IMHO they are choosing in which of their address send the price .. , i don 't understand this lack of communication for a site with millions of users .
They don't have money to hire  people for social /forum and customer care, it's seems pretty strange.

If they managed to introduce FUN as native token for a blockchain game of the same size of Axie Infinity or any other satisfying MMORPG I think it could work to make FUN more valuable, although nothing close to its ATH. However, to repeat features every other altcoins already have like DeFi, GameFi, staking programs and DAO voting don't look exciting, neither efficient. They need an original product which makes FUN different and authentic when compared to every other crypto tokens.

I know there are professional developers who could create great games, but they lack incentive and proper partnerships to keep running their projects through a productive and rising path. There are so many developers creating their own native tokens for self-created projects, while they could just adopt an existing token like FUN for that purpose.

if has 'multiply BTC HI-Lo game' ,  ... Why not have  'multiply FUN HI-Lo Game'  ...?
-
_ Ow... because will need put down the site to implement high loaded
modificatios on system and it is not easy to do and will come here,
 many haters telling that freebitco is scam and etc...etc...etc...
......
 on begining  of premium membership,
 i tell to my Mom buy and hold an significate amount of Fun s ,
 she buyed and hold up to this days, that is 8SAT per one, and so,
 i dont call freebitco of scam...
...
 

_

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No disrespect to FUN or altcoins but you guys always knew it was going down in this pattern right? Just see FUN for the added benefits of Premium and you'll never be disappointed

Anyway, just checking in to see about Lambo and seems like it's not happened yet. So it just means I'm delaying my mini retirement lol GL all.

They can't burn forever and it's only a band aid on a deep scar, it's gonna do nothing significant long-term, it's only a temporary solution. By the way, high return investment plans should last longer and probably forever because that's what attracts casino users: Token with high ROI, high rewards, cashbacks, etc.
I read news on funtoken.io and it seems that they want to expand into DeFi and GameFi, utilize FUN for staking platforms, DAO voting and so on. Well, let's see what happens, they have the power to make things better, hope they'll actually do.

The strategy would only attract investors if they project itself is having a great journey. It's not that the strategy in general would not work anymore, it's still based on the current value of the project and its development in the long run. I think they already have the right exposure as they are listed in a decent exchange, so if investors doesn't find a buyback or burning of coins, that means they aren't satisfied with how the project is going so far.

This is ideal suggestion instead of burning or buyback they need to work on having some better use case of this token which will surely work better for keeping price at the better level as they are already having on few exchanges now it's time for them to have some talk with casino which will bring this token into their use which will surely increase the value of this token and things could be on positive.
But right now we are having nothing about anything, hopefully team will give updates about this all in near future which will end this all-problematic talk, and we will be gone on better road.

Use case and utility of a token are main factors to make its value. Buy back and burn the token is only kind of spices but not main components for a token value.

Because we can see that Bitcoin, Ethereum don't have buy back and burn but they still have very high value. Ethereum only began their Burn program some years ago (since the last bull market), not since its blockchain and ETH main net launch.

Regarding to potential effects from Buy back and Burn program, it will depend on budget for the program, how long will it run and so on. Because it needs time to make exposure to community about the program, then big budget decides how many tokens will be burned. We need both to have good effects from Buy back and Burn, and obviously marketing is another important factor.

The burning strategy doesn't work, because the amount of burned tokens is too small compared to the total supply available on the market. If they want to make FUN more valuable, they have to make it scarce, besides developing new usecases for it. To offer massive interest rates for staking FUN is also a wrong strategy. There should never be 25% interest for locking FUN for 1 year time period. Interest rates should stay around 4-5%, just like any other traditional passive income investment.

Moreover, it's hard to develop new usages for the token. They could try implementing it to play to earn games, but that is something very unstable too, since these games don't last for long and usually lack originality. Besides that, where else could FUN be implemented?

Thanks for those valuable informations, I wasn't aware they want to stop burnings. It wouldn't be a totally bad things since they stay rather small compared to the total supply (11 billion tokens) and they could qualify the token as security for US and other countries financial authorities leading exchanges and platforms to avoid listing it.

Didn’t know they had a CEO but hopefully he can turn it around and create some more value again. The token value has only been dropping so they needed to change up things.

Well, the charts say he is more realistic than pessimistic. I expected a lot more from FUN, but now I can't say I see anything that can affect the price to rise.


I do not doubt that everything will be sorted out, but this kind of delay is not good for business at all, who likes to wait? And just to be clear, I never saw the delay as a problem, but when there is a delay and the team is silent about it that makes me start doubting. Why is it a problem to write and describe the reasons for the delay, communication with users should be at a high level if you want to keep users and attract new ones.

They have not done any burns for this past quarter yet, despite being 20 days into a new quarter. On Telegram they announced that they’re considering stopping these burns. With their new CEO trying to pivot towards other areas besides gambling it does make sense that they would stop doing burns. Burning was always tied to gambling profits, but now there will be more of an emphasis on growing their market cap with diverse use cases.

I don’t know how successful the new CEO’s efforts will be, but it’s clear the previous strategy was not working. The token has lost substantial value and left many with a deeply underwater investment.

Hopefully things will be sorted out positively in coming days because recently we are having too many delays and late updates with admin is not available and @TheQuin is also not responding on time with taking too much time which is wired because many are waiting for this Lambo hopefully this time someone from this forum will be won, and we will celebrate here on this thread. 

My phone has been off and they cant believe I won with barely any tickets, thats why they havent announced I won the Lambo I will keep hoping.     My plan for the notify to help my free spins number didnt help me apparently, I only got 1 ticket in that last offer.  I wasnt on the starting line waiting its quite hard to claim enough times to qualify I guess.
   Notify does give a free WOF spin apparently.


Over 7 years BTC has gone up a gigantic amount, everything else in crypto bar maybe ETH will look a far worse bet in comparison as a ratio though I can hardly regret mining ETH.   Go to the main sections of this site and you will find many people who absolutely have no belief in crypto development outside of BTC, it is literally all **** to them.

I dont find that useful or productive as a great many possibilities exist for development outside of Bitcoin.  It might even be true BTC would have been in trouble if not for the surrounding blockchains, I know I would have been worse off from transaction fees if nothing else as Im just a small player.

  The majority of people are just pocket change speculators thats the world population really not all the focus on big money.   Hence I do find this token to be a useful project, it can serve people in quite a modest way its not that hard to justify.

  The total market capitalization is the correct assessment not a headline price set against one of the strongest performing assets theres ever been. They are reducing the total number of FUN overall while BTC is still increasing its total base in a fairly small way post halvenings.   If that is true it should help tighten the ratio between the two and eventually help the price.  Price alone contains all sorts of noise and is going to lead to bad conclusions just set off market sentiment which by itself isnt value.

I see a spike at end of 2023, remind me what that was again.   Goto candlesticks and we are still within the range of that initial move and it contained far more volume then we've traded since.

You are a little bit too much pessimistic in my opinion. Fun token team is doing token burning every 3 months, and more and more tokens are burnt each time. They don't plan to stop burnings while high returns investment plans on Freebitcoin and Binance won't last forever. So at some point, maybe in few years, FUN token value will start to mecanically appreciate. Speculators will FOMO on it and the price could pump heavily when it will happen.

Hopefully there won't be any other problems that we don't know about, I'm sure they won't forget to announce the winner of Lambo round 10 because everyone has probably been waiting for it since a few days ago, those who have no more than 3 golden tickets are also waiting for it because they too have a chance and a small chance of winning, I'm also curious because freebitcoin hasn't announced it yet, could it be that in this round the Lambo winner has fewer gold tickets, lol

But for the weekly lottery ticket winners everything seems to be going normally and everything is normal too, I think something doesn't look normal at this Lambo event, is there anything that should be prepared before announcing the Lambo winner, I don't follow how they pick the winners, I just found out that they announced it on twitter and I'm not very active on twitter right now, I'll probably wait for it also on twitter they see how they display all the list of tickets that will be published on their twitter, hopefully this round 10 is lucky for users who have golden tickets a little more, it might seem like something interesting. 

11 days have passed and the winner hasn't been determined yet. They haven't even published the tickets list on their twitter.
First, they should publish the tickets list on their twitter and the winner will be determined after 12 bitcoin blocks are mined after the list being published.

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