Freebitco.in - FUN Token Investment Experiment - page 2.

iv4n

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Quote from: pawanjain on May 22, 2024, 12:11:00 PM

I think the same. I don't think the FUN token team is actively working on any developments.
So the only reason FUN token might pump is if the altcoins pump.
I personally feel we are done with FUN token and the price won't increase much here onwards.
I don't wanna sound negative but that's the reality of FUN today.

From yesterday the price is only 8 sats. I guess nobody wish to sound negative, but the reality is that the team is not doing anything about this token in the past year. So what we can really expect from FUN token price in the future? I would say nothing, maybe it can pump along with some others when alt season starts but I doubt in that.

It was fun with FUN tokens in the beginning, I liked it and those free spins we were getting... but that's not enough, they had to improve the token a bit if they wanted it to grow, but it seems that the team had no such intentions at all.

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Quote from: dwyane36 on May 22, 2024, 08:05:57 AM

Quote from: FinneysTrueVision on May 22, 2024, 01:34:34 AM

With Ethereum pumping so hard recently, I would have expected FUN to be performing better. Being an Ethereum token, one of the easiest ways to acquire FUN is by buying it with ETH on Uniswap. A majority of ERC-20 tokens are up double digit percentages in the past 7 days. FUN somehow manages to always defy bullish trends and remains flat, never going much higher than $0.005.

I think the FUN token doesn't have so many options for a positive outcome. Either it will be pumped only during the full-fledged alt-season, i.e. when almost all tokens on the market will be pumped, or the team will announce some new features that will provoke increased demand for the FUN token. Well, if neither of the above happens, the negative outcome, in that case, will be stagnation of the FUN token price(usdt) even during the alt season.

I think the same. I don't think the FUN token team is actively working on any developments.
So the only reason FUN token might pump is if the altcoins pump.
I personally feel we are done with FUN token and the price won't increase much here onwards.
I don't wanna sound negative but that's the reality of FUN today.

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Quote from: FinneysTrueVision on May 22, 2024, 01:34:34 AM

With Ethereum pumping so hard recently, I would have expected FUN to be performing better. Being an Ethereum token, one of the easiest ways to acquire FUN is by buying it with ETH on Uniswap. A majority of ERC-20 tokens are up double digit percentages in the past 7 days. FUN somehow manages to always defy bullish trends and remains flat, never going much higher than $0.005.

I think the FUN token doesn't have so many options for a positive outcome. Either it will be pumped only during the full-fledged alt-season, i.e. when almost all tokens on the market will be pumped, or the team will announce some new features that will provoke increased demand for the FUN token. Well, if neither of the above happens, the negative outcome, in that case, will be stagnation of the FUN token price(usdt) even during the alt season.

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Quote from: dwyane36 on May 21, 2024, 04:58:38 AM

If you look at the FUN token price in the equivalent of sats, it has no bottom because the higher the BTC price, the lower the FUN token price will be. If nothing changes, the FUN token price may fall below 1 sat. However, if we look at the FUN token price in the equivalent of USDT, it seems that $0.005 is the bottom, considering that the FUN token price has been at this level for a very long time.

With Ethereum pumping so hard recently, I would have expected FUN to be performing better. Being an Ethereum token, one of the easiest ways to acquire FUN is by buying it with ETH on Uniswap. A majority of ERC-20 tokens are up double digit percentages in the past 7 days. FUN somehow manages to always defy bullish trends and remains flat, never going much higher than $0.005.

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Quote from: dwyane36 on May 21, 2024, 04:58:38 AM

If you look at the FUN token price in the equivalent of sats, it has no bottom because the higher the BTC price, the lower the FUN token price will be. If nothing changes, the FUN token price may fall below 1 sat. However, if we look at the FUN token price in the equivalent of USDT, it seems that $0.005 is the bottom, considering that the FUN token price has been at this level for a very long time.

I think this thing about FUN tokens when the price of bitcoin is falling is normal, investors start withdrawing money, at this moment the price is at $70k and it is likely that things will continue like this or go up, maybe yes, maybe not , but it is normal for tokens to drop in price, and if bitcoin has an upward trend that is fully confirmed, that is when the FUN token can experience a good rise or recovery in price, that is what normally happens, however we do not know. If the bitcoin movie is only due to the halving effect, ETF, or something that is generating this bull run, I would say that if they have kept it in hodl mode for so long, they should continue to maintain it, there is no other option to see what happens when there is a confirmation bullish trend for BTC and a possible new ATH.

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Quote from: iv4n on May 20, 2024, 03:12:37 PM

I agree that the long-term doesn't look good, it's falling and I wonder what can stop this fall? A long time ago I believed that 20 sats was the bottom, but now I am unsure where that bottom is, and should we even think about getting some FUN tokens?

If you look at the FUN token price in the equivalent of sats, it has no bottom because the higher the BTC price, the lower the FUN token price will be. If nothing changes, the FUN token price may fall below 1 sat. However, if we look at the FUN token price in the equivalent of USDT, it seems that $0.005 is the bottom, considering that the FUN token price has been at this level for a very long time.

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Quote from: iv4n on May 20, 2024, 03:12:37 PM

Quote from: FinneysTrueVision on May 20, 2024, 01:50:10 PM

If you were to sell your FUN tokens on FreeBitco.in right now, you would only get 6 sats per token. A new all time low. The trading volume on Binance seems healthy at over $1 million in the past 24 hours, but when you compare it to another major CEX like Bitfinex it is only $8. There is a likelihood that a lot of the volume on Binance is from wash trading, considering how massive the difference is between these exchanges.

With the amount of AI shill accounts inundating their Telegram, it wouldn’t surprise me if they were also doing something to artificially boost their trading volume and keep it looking somewhat healthy to prevent the price from completely collapsing.

As much effort as they’re putting in to keep up appearances, the long term trends don’t look good. This token’s price may eventually fall to below 1 satoshi.

It's like they don't care much about the FUN token, it has its purpose from the beginning and there have been no changes since they started. They have some casino partners where we can gamble with FUN tokens and that's it. They didn't do anything to make it more attractive than it is... but it's the case with most casinos and their tokens, they do nothing or very little about their native tokens.

I agree that the long-term doesn't look good, it's falling and I wonder what can stop this fall? A long time ago I believed that 20 sats was the bottom, but now I am unsure where that bottom is, and should we even think about getting some FUN tokens?

I am under impression that Freebitco had plans about FUN token but then completely forgot it. It looks like they don't care about FUN, they haven't even cared since the day they acquired it.
When Freebitco acquired FUN, there was hype and the price went up, I was even holding FUN tokens that were worth thousands of dollars and I held them for months, thank god I sold them or I would be without money today.

I wasn't really expecting this from Freebitco. I think this is their last chance, they shouldn't let this bull run go away without pumping their coin or if they let it, then FUN will finally die and I believe that many people will have serious trust issues when they decide to invest in any of Freebitco product.

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Quote from: iv4n on May 20, 2024, 03:12:37 PM

It's like they don't care much about the FUN token, it has its purpose from the beginning and there have been no changes since they started. They have some casino partners where we can gamble with FUN tokens and that's it. They didn't do anything to make it more attractive than it is... but it's the case with most casinos and their tokens, they do nothing or very little about their native tokens.

Is there any reason for the lack of development and marketing and future plan for native tokens of casinos?

They are profitable business companies and their businesses can operate well without native tokens but by spending resources to launch their native tokens, it's unreasonable if they don't have solid plans for development and growth of their tokens in adoption, value and price.

Quote

I agree that the long-term doesn't look good, it's falling and I wonder what can stop this fall? A long time ago I believed that 20 sats was the bottom, but now I am unsure where that bottom is, and should we even think about getting some FUN tokens?

It's hard to view price of an altcoin token with their price in satoshi against Bitcoin. Because Bitcoin increases in its value and price with time so if an altcoin token remains the same in price, their price in pair with Bitcoin, in satoshi will still decrease.

It will continue to decrease in coming months because the bull run of Bitcoin will lead its price to higher and higher.

iv4n

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Quote from: FinneysTrueVision on May 20, 2024, 01:50:10 PM

If you were to sell your FUN tokens on FreeBitco.in right now, you would only get 6 sats per token. A new all time low. The trading volume on Binance seems healthy at over $1 million in the past 24 hours, but when you compare it to another major CEX like Bitfinex it is only $8. There is a likelihood that a lot of the volume on Binance is from wash trading, considering how massive the difference is between these exchanges.

With the amount of AI shill accounts inundating their Telegram, it wouldn’t surprise me if they were also doing something to artificially boost their trading volume and keep it looking somewhat healthy to prevent the price from completely collapsing.

As much effort as they’re putting in to keep up appearances, the long term trends don’t look good. This token’s price may eventually fall to below 1 satoshi.

It's like they don't care much about the FUN token, it has its purpose from the beginning and there have been no changes since they started. They have some casino partners where we can gamble with FUN tokens and that's it. They didn't do anything to make it more attractive than it is... but it's the case with most casinos and their tokens, they do nothing or very little about their native tokens.

I agree that the long-term doesn't look good, it's falling and I wonder what can stop this fall? A long time ago I believed that 20 sats was the bottom, but now I am unsure where that bottom is, and should we even think about getting some FUN tokens?

FinneysTrueVision

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If you were to sell your FUN tokens on FreeBitco.in right now, you would only get 6 sats per token. A new all time low. The trading volume on Binance seems healthy at over $1 million in the past 24 hours, but when you compare it to another major CEX like Bitfinex it is only $8. There is a likelihood that a lot of the volume on Binance is from wash trading, considering how massive the difference is between these exchanges.

With the amount of AI shill accounts inundating their Telegram, it wouldn’t surprise me if they were also doing something to artificially boost their trading volume and keep it looking somewhat healthy to prevent the price from completely collapsing.

As much effort as they’re putting in to keep up appearances, the long term trends don’t look good. This token’s price may eventually fall to below 1 satoshi.

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Quote from: GxSTxV on April 06, 2024, 03:26:29 PM

What FUN needs in my personal opinion is more marketing, and better staking rewards.

Amen, that's it, there's the secret, now more than ever there Should be more Hype About the Token , it should attract the Attention of Investors, we are on the Verge of a Bullish Rally, a Possible Bullish trend of bitcoin, and investors are looking safeguard your Money at some point in reliable tokens , if here Freebitco.in has a Crypto Marketing director with Guaranteed vision , then you must Already have plans for it and Plans Ready for them to be Quick action and we will see the Entire Forum of People who want Using, buying, selling tokens is fun , but you have to do it and take Advantage of the times, this is a matter of Emotions.

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Quote from: shield132 on April 06, 2024, 03:15:45 PM

ICO price was 0.007$ and today it costs 0.007$ again but weeks ago it was between 0.004 and 0.005$. How does it look good? I can't agree with you because token dies, it reached ATH in 2018, 0.19$ and now went lower than ico price. Freebitco might have grown as the casino but it's very hard right now to make investors interested in this coin again. I personally wouldn't invest it if we have a look at its past price. To my mind, there is only way for Freebitco to survive this coin and it's if Freebitco rebrands itself and creates a new casino with amazing games and features, a casino that will be at the level of Stake, Sportsbet, Rollbit and etc...

First days of FUN token were good as a new idea and was looking good for investing, Later on the investors started to sell their tokens and claiming profits since there wasn’t much updates about it or a community where they share events and updates. In general it wasn’t a failure but it could do better as a token related with the first and most known faucet of Bitcoin.

The suggestion you gave about creating a new brand casino, I find Freebitco.in as a great casino with their unique style, true it doesn’t offer as much as games we find in other regular casinos. However, you should know this casino is also a faucet and offers only Bitcoin as a payment system, while FUN token can be deposited directly to their partner casinos, I have myself transferred some FUN to one of their partners where they use FUN as a token for deposits and withdrawals.

What FUN needs in my personal opinion is more marketing, and better staking rewards.

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Quote from: iv4n on April 06, 2024, 02:53:25 PM

As I am aware, but correct me if I am wrong, none of the gambling tokens ever made anything spectacular, while some meme coins made some crazy returns. Maybe Elon is the one responsible for that, he started talking about Doge and (one of the biggest surprises in crypto in my opinion) Doge ATH was $0.74... Now we have a lot of meme coins around and it seems that many people are trying to make a fortune with them.

I think it is not fair to compare the meme tokens with the gambling tokens. The meme tokens have no use case and they rise or pump based on the hype and they are usually very short-lived.
On the other hand, the tokens with use cases like gambling tokens have a proper project / use case and they tend to remain alive for as long as the platform is around. The success of these tokens depends upon how good is the gambling site and what is the use case of the token.

Quote from: iv4n on April 06, 2024, 02:53:25 PM

I also think that gambling tokens are not so popular even among gamblers, some people like them, and some don't... anyway, those who like to gamble in dividend-based casinos will earn them just by playing, but it would be interesting to know how many non-gamblers invest in casino tokens, and if there are any at all.

Well, there will be a time when gambling tokens will get hype. Some tokens may not remain in trend always and it is only a few times when we see a rally in these coins and gambling tokens fall in this category. I feel that the Fun token will show some good returns in the peak of the bull market and alt season, although the current prices of the FUN token are very close to their all-time low.

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Quote from: BlackBoss_ on March 20, 2024, 10:09:38 AM

From the price of FUND token in ICO to today price, it looks good. It does not give profit by holding the token but the token does not die and price does not lose too much.

I don't know price around $0.005 is bottom price but if I don't know ICO price, I would consider it is a bottom price range for me to accumulate the token. Your sharing is interesting too as it helps me to know reasons behind too big pumps of FUN token. The pump in 2021 is interesting but it was supported by a big news from Freebitco.in team.

Will we have anything big from the casino, to support the token rally in 2024 and 2025?

ICO price was 0.007$ and today it costs 0.007$ again but weeks ago it was between 0.004 and 0.005$. How does it look good? I can't agree with you because token dies, it reached ATH in 2018, 0.19$ and now went lower than ico price. Freebitco might have grown as the casino but it's very hard right now to make investors interested in this coin again. I personally wouldn't invest it if we have a look at its past price. To my mind, there is only way for Freebitco to survive this coin and it's if Freebitco rebrands itself and creates a new casino with amazing games and features, a casino that will be at the level of Stake, Sportsbet, Rollbit and etc...

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Quote from: Quidat on April 06, 2024, 04:50:32 AM

Quote from: LUCKMCFLY on March 21, 2024, 12:47:28 PM

Quote from: dwyane36 on March 21, 2024, 08:57:00 AM

Quote from: noormcs5 on March 20, 2024, 11:35:10 PM

The thing is that we need the trend of the gambling coins and the games coins and then we may see the surge in Fun token prices. For example right now we are seeing the trend in the meme coins and every other meme coins are pumping hard. Previously we saw the pump in the AI based coins and they pumped hard.

The trend of gambling tokens may never come. First of all, there are not so many such tokens on the market, and they can not be used in all countries due to restrictions from regulators. Secondly, I would say that this kind of token is only interesting for those, who are fond of gambling, i.e., it is a relatively small audience. In this context, meme tokens have a huge advantage because they are more attractive and accessible to a mass audience.

What you say is very good reasoning, when there is a tendency for a type of currency to rise, it happens, it is like a fashion, what you say is very true, above all what caught my attention was a coin called pepe, and That had a bullish movement which left me surprised, so based on these things we could say that when currencies go up it is due to a large amount of emotions on the part of the majority of the people who are in the middle always looking to see what happens or What is the greatest tendency to go out and take advantage of the moment, of course fun tokens have existed for a long time, they have a good project, but I think that if they want to move it forward what they should do is find a way to do contests, or do any other thing. something, for example looking for the movement of tokens, even advertising it on social networks, doing raffles to win those tokens, all this helps.

When investors see the movement of currencies they evaluate the price, the market momentum and especially if they are a safe long-term investment, but the price must rise or rise to attract attention.

Trying out to compared casino-based tokens into those known meme coins then you could really be able to differentiate when it comes to the community and hype that supports it.
When it comes to community driven based projects or coins then you could really be able to see that there is really that so much interest into meme coins than with those casino based tokens.
Lets say that they do really have that kind of utility but doesnt mean that it would really be that much better compared to meme coins and this is something that their main difference.
The only token i have seen that it is really getting some attention is that RLB which is on Rollbit token on which its price is really that something that is really significantly having that kind of
movement on which it is something that you cant be able to see into other tokens in the market specially if its based on gambling-token.

You are right, but there is one thing that sites have not taken full advantage of, that tokens and all this should take advantage of the moment to make a difference, that is, the market is jumping into a good bullish rally, and it can happen that things can be very favourable for those who have bitcoin, and when there are well-defined projects what they do is take advantage of the moment to resurface, and in this case when a project has tokens with a large community they can attract the attention of investors and gradually invest in their tokens, because when the bitcoin rises, when there is the first correction investors take the opportunity to buy altcoins, especially altcoins that are more reliable and famous that they know they can give good profitability, and what better thing to buy in reliable projects, so I think Rollbit is doing things very well.

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Quote from: babygun on April 06, 2024, 12:28:20 PM

Quote from: dwyane36 on March 21, 2024, 08:57:00 AM

The trend of gambling tokens may never come. First of all, there are not so many such tokens on the market, and they can not be used in all countries due to restrictions from regulators. Secondly, I would say that this kind of token is only interesting for those, who are fond of gambling, i.e., it is a relatively small audience. In this context, meme tokens have a huge advantage because they are more attractive and accessible to a mass audience.

Gambling is indeed for a smaller audience but it is not only gambling fans who will buy the gambling tokens; most people will just buy it as they think they can make a profit out of it. But as you mention, memecoins will attract a much bigger audience and get much more attention in the media also.

As I am aware, but correct me if I am wrong, none of the gambling tokens ever made anything spectacular, while some meme coins made some crazy returns. Maybe Elon is the one responsible for that, he started talking about Doge and (one of the biggest surprises in crypto in my opinion) Doge ATH was $0.74... Now we have a lot of meme coins around and it seems that many people are trying to make a fortune with them.

I also think that gambling tokens are not so popular even among gamblers, some people like them, and some don't... anyway, those who like to gamble in dividend-based casinos will earn them just by playing, but it would be interesting to know how many non-gamblers invest in casino tokens, and if there are any at all.

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Quote from: dwyane36 on March 21, 2024, 08:57:00 AM

Quote from: noormcs5 on March 20, 2024, 11:35:10 PM

The thing is that we need the trend of the gambling coins and the games coins and then we may see the surge in Fun token prices. For example right now we are seeing the trend in the meme coins and every other meme coins are pumping hard. Previously we saw the pump in the AI based coins and they pumped hard.

The trend of gambling tokens may never come. First of all, there are not so many such tokens on the market, and they can not be used in all countries due to restrictions from regulators. Secondly, I would say that this kind of token is only interesting for those, who are fond of gambling, i.e., it is a relatively small audience. In this context, meme tokens have a huge advantage because they are more attractive and accessible to a mass audience.

Gambling is indeed for a smaller audience but it is not only gambling fans who will buy the gambling tokens; most people will just buy it as they think they can make a profit out of it. But as you mention, memecoins will attract a much bigger audience and get much more attention in the media also.

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Quote from: LUCKMCFLY on March 21, 2024, 12:47:28 PM

Quote from: dwyane36 on March 21, 2024, 08:57:00 AM

Quote from: noormcs5 on March 20, 2024, 11:35:10 PM

The thing is that we need the trend of the gambling coins and the games coins and then we may see the surge in Fun token prices. For example right now we are seeing the trend in the meme coins and every other meme coins are pumping hard. Previously we saw the pump in the AI based coins and they pumped hard.

The trend of gambling tokens may never come. First of all, there are not so many such tokens on the market, and they can not be used in all countries due to restrictions from regulators. Secondly, I would say that this kind of token is only interesting for those, who are fond of gambling, i.e., it is a relatively small audience. In this context, meme tokens have a huge advantage because they are more attractive and accessible to a mass audience.

What you say is very good reasoning, when there is a tendency for a type of currency to rise, it happens, it is like a fashion, what you say is very true, above all what caught my attention was a coin called pepe, and That had a bullish movement which left me surprised, so based on these things we could say that when currencies go up it is due to a large amount of emotions on the part of the majority of the people who are in the middle always looking to see what happens or What is the greatest tendency to go out and take advantage of the moment, of course fun tokens have existed for a long time, they have a good project, but I think that if they want to move it forward what they should do is find a way to do contests, or do any other thing. something, for example looking for the movement of tokens, even advertising it on social networks, doing raffles to win those tokens, all this helps.

When investors see the movement of currencies they evaluate the price, the market momentum and especially if they are a safe long-term investment, but the price must rise or rise to attract attention.

Trying out to compared casino-based tokens into those known meme coins then you could really be able to differentiate when it comes to the community and hype that supports it.
When it comes to community driven based projects or coins then you could really be able to see that there is really that so much interest into meme coins than with those casino based tokens.
Lets say that they do really have that kind of utility but doesnt mean that it would really be that much better compared to meme coins and this is something that their main difference.
The only token i have seen that it is really getting some attention is that RLB which is on Rollbit token on which its price is really that something that is really significantly having that kind of
movement on which it is something that you cant be able to see into other tokens in the market specially if its based on gambling-token.

LUCKMCFLY

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Quote from: dwyane36 on March 21, 2024, 08:57:00 AM

Quote from: noormcs5 on March 20, 2024, 11:35:10 PM

The thing is that we need the trend of the gambling coins and the games coins and then we may see the surge in Fun token prices. For example right now we are seeing the trend in the meme coins and every other meme coins are pumping hard. Previously we saw the pump in the AI based coins and they pumped hard.

The trend of gambling tokens may never come. First of all, there are not so many such tokens on the market, and they can not be used in all countries due to restrictions from regulators. Secondly, I would say that this kind of token is only interesting for those, who are fond of gambling, i.e., it is a relatively small audience. In this context, meme tokens have a huge advantage because they are more attractive and accessible to a mass audience.

What you say is very good reasoning, when there is a tendency for a type of currency to rise, it happens, it is like a fashion, what you say is very true, above all what caught my attention was a coin called pepe, and That had a bullish movement which left me surprised, so based on these things we could say that when currencies go up it is due to a large amount of emotions on the part of the majority of the people who are in the middle always looking to see what happens or What is the greatest tendency to go out and take advantage of the moment, of course fun tokens have existed for a long time, they have a good project, but I think that if they want to move it forward what they should do is find a way to do contests, or do any other thing. something, for example looking for the movement of tokens, even advertising it on social networks, doing raffles to win those tokens, all this helps.

When investors see the movement of currencies they evaluate the price, the market momentum and especially if they are a safe long-term investment, but the price must rise or rise to attract attention.

dwyane36

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Quote from: noormcs5 on March 20, 2024, 11:35:10 PM

The thing is that we need the trend of the gambling coins and the games coins and then we may see the surge in Fun token prices. For example right now we are seeing the trend in the meme coins and every other meme coins are pumping hard. Previously we saw the pump in the AI based coins and they pumped hard.

The trend of gambling tokens may never come. First of all, there are not so many such tokens on the market, and they can not be used in all countries due to restrictions from regulators. Secondly, I would say that this kind of token is only interesting for those, who are fond of gambling, i.e., it is a relatively small audience. In this context, meme tokens have a huge advantage because they are more attractive and accessible to a mass audience.

Topic: Freebitco.in - FUN Token Investment Experiment - page 2. (Read 4811 times)