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Topic: Freebitco.in - FUN Token Investment Experiment - page 16. (Read 4811 times)

sr. member
Activity: 1022
Merit: 341
I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley


I have no experience with FUN tokens, because I have only bought ones called BFG, they have some problems, some say that the price is improving, but I don't see it that way, what I think is that I lost my money there buying those tokens, that I regret having invested there, instead of buying Bitcoin, they are things that are learned, I used to invest in altcoins and it was going well, but it was because bitcoin was at a good price, now that bitcoin is going up Well, it wouldn't look bad, but according to what they've written here, it looks very good that they can invest in fun and they have more time than the bfg.
legendary
Activity: 2618
Merit: 1105
-snip-


Looks like you're really out of luck this time because 2.7k RP and 2.4k sats are too small prizes for 150 WoF spins. By the way, have you decided not to lock your FUN tokens after purchase? As I see it, the FUN token should be seen as a long-term investment, and "FUN savings with APY 25%" would allow you to compensate for the losses you incurred because the price of the FUN token dropped from 37 to 30 sats.

Yeah I locked FUN token for 1 month , so I get 102 token. Now I didn't locked anymore , because maybe one day FUN goes "to the moon" and I want to be free for sell.

Is this investment still open? And is it worth it to invest in it after seeing so many investors feeling that they may not get their value for their Fun tokens for as long as the market stabilizes and turns hyper-bullish?
I also wanted to invest in such schemes where we get good privileges, but here, chances of winning big (jackpot) were very less and in today's world, only those who are addicted to the website since long time are the ones enjoying their benefits. Rest very few are visiting them on a daily basis to claim faucet because a gambler will gamble and if he loses the free faucet in dice, he'll get disappointed and won't come back for some time.
full member
Activity: 645
Merit: 145
-snip-


Looks like you're really out of luck this time because 2.7k RP and 2.4k sats are too small prizes for 150 WoF spins. By the way, have you decided not to lock your FUN tokens after purchase? As I see it, the FUN token should be seen as a long-term investment, and "FUN savings with APY 25%" would allow you to compensate for the losses you incurred because the price of the FUN token dropped from 37 to 30 sats.

Yeah I locked FUN token for 1 month , so I get 102 token. Now I didn't locked anymore , because maybe one day FUN goes "to the moon" and I want to be free for sell.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley
This should play long term. Are free spins even have an expiration or not? Just because you lost 7 sats per token doesn't mean it's the end. Yeah it's kinda frustrating if you always check your portfolio but keep in mind on how did you invest in it and don't sell it at a lower price, maybe enjoy the utility you get right now.
legendary
Activity: 2982
Merit: 2210
I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley


Looks like you're really out of luck this time because 2.7k RP and 2.4k sats are too small prizes for 150 WoF spins. By the way, have you decided not to lock your FUN tokens after purchase? As I see it, the FUN token should be seen as a long-term investment, and "FUN savings with APY 25%" would allow you to compensate for the losses you incurred because the price of the FUN token dropped from 37 to 30 sats.
full member
Activity: 645
Merit: 145
I'm back with info from my investing in FUN token. So 09.01. I bought 12500 FUN token , so everyday I get 5 free spin.
***In 30 days its 150 free spin. I get 2700 RP and 0.00002400 BTC , rest was lottery ticket which is not worth.

Bad thing for me is that I give 37 sat per Fun token and now I can sell it for 30 sat. So I will rather hold it and hope that price / BTC will raise again.

I will post next month another post with all my winning on WoF.  Smiley
hero member
Activity: 1414
Merit: 504
..
I totally agree with you regarding the lack of games. When it comes to the design which is so old fashioned, I can't really say if it's a good or bad thing. Personally, I'm attached to it as it brings a lot of good memories and reminds me of my first days in cryptocurrency when I used to claim btc from free faucets. So, I'll be disappointed if they change it.
New members may have a different opinion as they are used to other casinos which have cooler and more colored designs.
but the average freebitcoin user doesn't all like to gamble on dice games or sports betting, maybe some consider this ancient website only to collect bitcoins, hoping for luck to get the number 10000 on the faucet round or get a weekly lottery prize
Yes, maybe the majority of Freebitcoin users prefer weekly lottery bets rather than playing or betting on sports bets because Freebitcoin lottery bets have big jackpots and are so tempting for gamblers.
Even though getting the jackpot is so difficult or even impossible to get, the desire and option to get it is also great, making Freebitcoin users so patient and loyal in betting on the lottery.
After all, who is not interested in the jackpot, which has a very large number.
This is also one of the advantages of Freebitcoin to always have loyal customers and this advantage also cannot be had by other gambling platforms so it is very profitable for Freebitcoin because more and more gamblers will be interested and try it.
legendary
Activity: 1834
Merit: 1433
In 2018, I received several thousand FUN tokens as part of a promo from Funfair Casino. I still have these tokens in my wallet . My goal is 10 cents for 1 FUN. I will be very happy with that price because then I will make a big profit without investing my own money. I think this is realistic.
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
..
I totally agree with you regarding the lack of games. When it comes to the design which is so old fashioned, I can't really say if it's a good or bad thing. Personally, I'm attached to it as it brings a lot of good memories and reminds me of my first days in cryptocurrency when I used to claim btc from free faucets. So, I'll be disappointed if they change it.
New members may have a different opinion as they are used to other casinos which have cooler and more colored designs.
but the average freebitcoin user doesn't all like to gamble on dice games or sports betting, maybe some consider this ancient website only to collect bitcoins, hoping for luck to get the number 10000 on the faucet round or get a weekly lottery prize
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
maybe it will take time for the OP to break even also sometimes it can't be measured by time it could be that we get WOF results with big prizes and break even well it's all just a matter of time and I'm happy to invest in crypto long term because I bought FUN with fiat money on exchange so I'm going to focus on the value in fiat currency not on the exchange to BTC
Every investment definitely takes time to reach a break-even point or also be able to provide benefits for investors, that's why as an investor, you have to be observant enough to study it before deciding to invest and for now FUN token holders at freebitcoin only get a little benefit from WoF and that can reduce it a little time for break-even, maybe the breakeven point will be faster when freebitcoin hasn't updated the wof chance
What is important is that investors can patiently wait for the moment of price reversal from low to high prices.
Those who have invested FUN tokens can get other benefits offered by freebitco.in and those benefits will increase if they increase the number of FUN tokens on the site.
They can also get a return on investment in bitcoins if they have a BTC balance.
It will also be an added advantage for them besides investing in FUN tokens.

I think that Freebitco.in already has two mechanisms in place to help ROI better,it depends on the number of FUN tokens you have in both cases though.The more you have the better as if you use option one locking them for one year you can get up to 25% applied yearly interest and the second option is to use those WoF you get daily to buy every day more FUN tokens with cash prizes you receive from these spins so you increase your stash of FUN and also you increase the interest by doing so.For this to materialize I agree,it takes time to achieve.
But to have a lot of FUN tokens also requires more funds that need to be prepared and not everyone has a lot of money.
They can try it by investing a minimum amount that Freebitco has set so they can start getting benefits from investing in FUN tokens.
And they also have to have the patience to increase the number of their tokens so they can get more WoF.
WoF helps them get more free rolls where they can hope to get more rewards.
And as time goes by, they won't know they have managed to have lots of FUN tokens.
legendary
Activity: 2520
Merit: 2853
Top Crypto Casino
..
I totally agree with you regarding the lack of games. When it comes to the design which is so old fashioned, I can't really say if it's a good or bad thing. Personally, I'm attached to it as it brings a lot of good memories and reminds me of my first days in cryptocurrency when I used to claim btc from free faucets. So, I'll be disappointed if they change it.
New members may have a different opinion as they are used to other casinos which have cooler and more colored designs.
legendary
Activity: 2380
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
maybe it will take time for the OP to break even also sometimes it can't be measured by time it could be that we get WOF results with big prizes and break even well it's all just a matter of time and I'm happy to invest in crypto long term because I bought FUN with fiat money on exchange so I'm going to focus on the value in fiat currency not on the exchange to BTC
Every investment definitely takes time to reach a break-even point or also be able to provide benefits for investors, that's why as an investor, you have to be observant enough to study it before deciding to invest and for now FUN token holders at freebitcoin only get a little benefit from WoF and that can reduce it a little time for break-even, maybe the breakeven point will be faster when freebitcoin hasn't updated the wof chance
What is important is that investors can patiently wait for the moment of price reversal from low to high prices.
Those who have invested FUN tokens can get other benefits offered by freebitco.in and those benefits will increase if they increase the number of FUN tokens on the site.
They can also get a return on investment in bitcoins if they have a BTC balance.
It will also be an added advantage for them besides investing in FUN tokens.

I think that Freebitco.in already has two mechanisms in place to help ROI better,it depends on the number of FUN tokens you have in both cases though.The more you have the better as if you use option one locking them for one year you can get up to 25% applied yearly interest and the second option is to use those WoF you get daily to buy every day more FUN tokens with cash prizes you receive from these spins so you increase your stash of FUN and also you increase the interest by doing so.For this to materialize I agree,it takes time to achieve.

Actually I’m surprised how Freebitco.in can still burn that huge amount of token despite they are just using 50% of their profit on in-house game. In-house game is not that popular anymore due to the existence of 3rd party game provider like slots, live casino and sportsbook. I think they can burn more tokens when they are using the overall profit of the casino in exchange for boosting their FUN token price for a much short period.

Freebitcoin is the clear example of what a casino has to be, they do not require any type of identification and the players like that very much, I have always played in freebitcoin and the best thing is that if you manage to make a large amount of btc in the the faucet can be withdrawn and they do not put any buts to make deposits or similar things, for bounty hunters it is very difficult because they have to dedicate all day to it, and it is very difficult because no one every hour is going to claim satoshis, but with time and with patience you can, that is the best faucet for me what about the world of cryptocurrencies.

In as much as I agree with your input, I still cant help but argue that freebitco as a casino lack a lot of functionalities, functions that can be found several other casinos, the design of the casino is so old school as well, though I like them for the fact they choose to keep that old design, but I don't think a lot people would like it too, most especially newbies.
Aside from Hi LO game, weekly lottery, wheel of fortune and sports betting, there are no more games offers by freebitco, games like we can find in other casinos, this not to underrate freebitco, i like them for their classical nature and vintage like design, they are unique, which i believe is one of their strength, but i said all i said to point those facts to you that, they might not be the immediate preferred casino to a gambling newbie out there. 
hero member
Activity: 2086
Merit: 603
Quote
Total investment potential will be reached after 360 days holding.

Why did you set the goal in time and not in % of the profit? you could stop and withdraw when you double up your investment, unless you had locked the fun for 1 year.

If they are locked would be cruel to see a new ATH and won't be able to withdraw the money. An important part of an investment is accessibility to cash out at any moment that we want. But here while more time we lock then bigger is the profit. So, is like flipping a coin. Good luck with the experiment.

Come on man, the obvious reason behind locking up is the APY that he will be receiving. It's around 25% for the 1 year lock up period which mean they get best of both worlds. Lets say they are locked up for one year and suddenly in the mid year FUN hikes a lot but they are not able to withdraw it and somehow FUN got it's new value stabilised. Imagine the profits they will receive once they get the FUN back along with the 25% yield. Thats what staking is all about. See anyway you are going to hold FUN and keep trading for long terms. Then you have to have such risks and gain more along the way. Not just this, as you know for FUN holdings on freebitcoin you will get other feeebies via WOF. You are almost always in profit by that method.
sr. member
Activity: 1022
Merit: 341
maybe it will take time for the OP to break even also sometimes it can't be measured by time it could be that we get WOF results with big prizes and break even well it's all just a matter of time and I'm happy to invest in crypto long term because I bought FUN with fiat money on exchange so I'm going to focus on the value in fiat currency not on the exchange to BTC
Every investment definitely takes time to reach a break-even point or also be able to provide benefits for investors, that's why as an investor, you have to be observant enough to study it before deciding to invest and for now FUN token holders at freebitcoin only get a little benefit from WoF and that can reduce it a little time for break-even, maybe the breakeven point will be faster when freebitcoin hasn't updated the wof chance
What is important is that investors can patiently wait for the moment of price reversal from low to high prices.
Those who have invested FUN tokens can get other benefits offered by freebitco.in and those benefits will increase if they increase the number of FUN tokens on the site.
They can also get a return on investment in bitcoins if they have a BTC balance.
It will also be an added advantage for them besides investing in FUN tokens.

I think that Freebitco.in already has two mechanisms in place to help ROI better,it depends on the number of FUN tokens you have in both cases though.The more you have the better as if you use option one locking them for one year you can get up to 25% applied yearly interest and the second option is to use those WoF you get daily to buy every day more FUN tokens with cash prizes you receive from these spins so you increase your stash of FUN and also you increase the interest by doing so.For this to materialize I agree,it takes time to achieve.

Actually I’m surprised how Freebitco.in can still burn that huge amount of token despite they are just using 50% of their profit on in-house game. In-house game is not that popular anymore due to the existence of 3rd party game provider like slots, live casino and sportsbook. I think they can burn more tokens when they are using the overall profit of the casino in exchange for boosting their FUN token price for a much short period.

Freebitcoin is the clear example of what a casino has to be, they do not require any type of identification and the players like that very much, I have always played in freebitcoin and the best thing is that if you manage to make a large amount of btc in the the faucet can be withdrawn and they do not put any buts to make deposits or similar things, for bounty hunters it is very difficult because they have to dedicate all day to it, and it is very difficult because no one every hour is going to claim satoshis, but with time and with patience you can, that is the best faucet for me what about the world of cryptocurrencies.
hero member
Activity: 2856
Merit: 783
Burpaaa
maybe it will take time for the OP to break even also sometimes it can't be measured by time it could be that we get WOF results with big prizes and break even well it's all just a matter of time and I'm happy to invest in crypto long term because I bought FUN with fiat money on exchange so I'm going to focus on the value in fiat currency not on the exchange to BTC
Every investment definitely takes time to reach a break-even point or also be able to provide benefits for investors, that's why as an investor, you have to be observant enough to study it before deciding to invest and for now FUN token holders at freebitcoin only get a little benefit from WoF and that can reduce it a little time for break-even, maybe the breakeven point will be faster when freebitcoin hasn't updated the wof chance
What is important is that investors can patiently wait for the moment of price reversal from low to high prices.
Those who have invested FUN tokens can get other benefits offered by freebitco.in and those benefits will increase if they increase the number of FUN tokens on the site.
They can also get a return on investment in bitcoins if they have a BTC balance.
It will also be an added advantage for them besides investing in FUN tokens.

I think that Freebitco.in already has two mechanisms in place to help ROI better,it depends on the number of FUN tokens you have in both cases though.The more you have the better as if you use option one locking them for one year you can get up to 25% applied yearly interest and the second option is to use those WoF you get daily to buy every day more FUN tokens with cash prizes you receive from these spins so you increase your stash of FUN and also you increase the interest by doing so.For this to materialize I agree,it takes time to achieve.

Actually I’m surprised how Freebitco.in can still burn that huge amount of token despite they are just using 50% of their profit on in-house game. In-house game is not that popular anymore due to the existence of 3rd party game provider like slots, live casino and sportsbook. I think they can burn more tokens when they are using the overall profit of the casino in exchange for boosting their FUN token price for a much short period.
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
maybe it will take time for the OP to break even also sometimes it can't be measured by time it could be that we get WOF results with big prizes and break even well it's all just a matter of time and I'm happy to invest in crypto long term because I bought FUN with fiat money on exchange so I'm going to focus on the value in fiat currency not on the exchange to BTC
Every investment definitely takes time to reach a break-even point or also be able to provide benefits for investors, that's why as an investor, you have to be observant enough to study it before deciding to invest and for now FUN token holders at freebitcoin only get a little benefit from WoF and that can reduce it a little time for break-even, maybe the breakeven point will be faster when freebitcoin hasn't updated the wof chance
depending on who invests, to be honest I'm happy to invest anything in the long term so there's no problem with the price, I always use cold money so it doesn't bother me even if the price goes down, besides not thinking about breaking even in the short term, so for beginners it's better to research first before investing
legendary
Activity: 3136
Merit: 1233
Top Crypto Casino
maybe it will take time for the OP to break even also sometimes it can't be measured by time it could be that we get WOF results with big prizes and break even well it's all just a matter of time and I'm happy to invest in crypto long term because I bought FUN with fiat money on exchange so I'm going to focus on the value in fiat currency not on the exchange to BTC
Every investment definitely takes time to reach a break-even point or also be able to provide benefits for investors, that's why as an investor, you have to be observant enough to study it before deciding to invest and for now FUN token holders at freebitcoin only get a little benefit from WoF and that can reduce it a little time for break-even, maybe the breakeven point will be faster when freebitcoin hasn't updated the wof chance
What is important is that investors can patiently wait for the moment of price reversal from low to high prices.
Those who have invested FUN tokens can get other benefits offered by freebitco.in and those benefits will increase if they increase the number of FUN tokens on the site.
They can also get a return on investment in bitcoins if they have a BTC balance.
It will also be an added advantage for them besides investing in FUN tokens.

I think that Freebitco.in already has two mechanisms in place to help ROI better,it depends on the number of FUN tokens you have in both cases though.The more you have the better as if you use option one locking them for one year you can get up to 25% applied yearly interest and the second option is to use those WoF you get daily to buy every day more FUN tokens with cash prizes you receive from these spins so you increase your stash of FUN and also you increase the interest by doing so.For this to materialize I agree,it takes time to achieve.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
maybe it will take time for the OP to break even also sometimes it can't be measured by time it could be that we get WOF results with big prizes and break even well it's all just a matter of time and I'm happy to invest in crypto long term because I bought FUN with fiat money on exchange so I'm going to focus on the value in fiat currency not on the exchange to BTC
Every investment definitely takes time to reach a break-even point or also be able to provide benefits for investors, that's why as an investor, you have to be observant enough to study it before deciding to invest and for now FUN token holders at freebitcoin only get a little benefit from WoF and that can reduce it a little time for break-even, maybe the breakeven point will be faster when freebitcoin hasn't updated the wof chance
What is important is that investors can patiently wait for the moment of price reversal from low to high prices.
Those who have invested FUN tokens can get other benefits offered by freebitco.in and those benefits will increase if they increase the number of FUN tokens on the site.
They can also get a return on investment in bitcoins if they have a BTC balance.
It will also be an added advantage for them besides investing in FUN tokens.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
maybe it will take time for the OP to break even also sometimes it can't be measured by time it could be that we get WOF results with big prizes and break even well it's all just a matter of time and I'm happy to invest in crypto long term because I bought FUN with fiat money on exchange so I'm going to focus on the value in fiat currency not on the exchange to BTC
Every investment definitely takes time to reach a break-even point or also be able to provide benefits for investors, that's why as an investor, you have to be observant enough to study it before deciding to invest and for now FUN token holders at freebitcoin only get a little benefit from WoF and that can reduce it a little time for break-even, maybe the breakeven point will be faster when freebitcoin hasn't updated the wof chance
legendary
Activity: 1988
Merit: 1007
I'm following this because I'm really interested in seeing how it all pans out. Looks like it's just a few months left for the results. TBH I feel like it's going to end in a net loss, but over time it's possible to recoup (net loss mainly because of the drop in FUN price between the first week and today).

Seems they are ready and prepared for the unfortunate to happen. Making loss I see is no big deal from them as they seems to have an alternative means to recoup their loss.  They recouping is delibrately getting back from bettors and gamblers which would require them doing and going otherwise. It is funny though how it happens. I would not be surprised to see complaints in the nearest future from bettors and gamblers in respect to their accounts been suspended and banned for no just reason. I really want to see how this events would end and seeing the end result of it would be interesting because that would be the beginning of their saga.

I don't see that happening with FBTC itself. I don't really understand the relationship between them and the other places they advertise though... like how intertwined they are, who owns them, etc.
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