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Topic: Freebitco.in - FUN Token Investment Experiment - page 4. (Read 4909 times)

sr. member
Activity: 602
Merit: 387
Rollbit is for you. Take $RLB token!
You might won't believe but I bought 5000$ worth of FUN tokens and I held them for some months, thank god I sold them before it was too late and got some profit. I bought these coins because they were valued very high in 2017-2018 and I thought since Freebitco acquired them, FUN token would increase in price and go to the moon. I think that this project failed, I was hoping that this coin would rise in this bull run but it's not going as I expected.
If it rises back to its peak in 2021, it will be about x10 from $0.0006, not too bad ROI.

Issue is not sure will the token can make similar rise like in 2021 bull run. I didn't know why this token fell a lot since 2017 and 2018 but my guess will go to its bad tokenomics. Because you are a long time investor in $FUN token, could you share what you know and your opinion on $FUN tokenomics, please.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
I remember that when the site adopted the token the general comment in the forum was that in addition to the benefits that the site gave you it would help the token to appreciate in value. Even I who am not a shitcoins person bought some tokens, but I soon sold them because the price behavior was always worse than that of the Bitcoin.
You might won't believe but I bought 5000$ worth of FUN tokens and I held them for some months, thank god I sold them before it was too late and got some profit. I bought these coins because they were valued very high in 2017-2018 and I thought since Freebitco acquired them, FUN token would increase in price and go to the moon. I think that this project failed, I was hoping that this coin would rise in this bull run but it's not going as I expected.

As some other member suggested, even if the FUN token never reaches the same price again as before, you will still end up in profit because of the premium membership if you hold it long enough.
If you bought this coin when the price was 0.035 on average, you won't profit, premium membership only gives you 25% APY and it would take years to get 100% of your investment back. The price is also going down, which is making it almost impossible to profit. Your profit with the FUN token depends on the time you bought it and the price during that time.
sr. member
Activity: 2170
Merit: 254
Lets hope it is the buttom but there is also no real incentive why the price for the FUN tokens would go up. If alt season starts, than all coins especially the smaller coins can get a crazy pump and than it can be interesting to cash out some. My average buying price is I think around 60 satoshis so still a long way up.

Earlier, I assumed the FUN token price could reach 100 sats during the alt season, but now I have doubts about it. To be honest, if I were you, I would consider the average buying price of FUN tokens in fiat equivalent rather than in sats because the market trend is that all altcoins are getting cheaper and will continue to get cheaper against BTC.

Yeah that is also true, but everything I bought was via the freebitco.in site so all coupled against the BTC price. As some other member suggested, even if the FUN token never reaches the same price again as before, you will still end up in profit because of the premium membership if you hold it long enough.
legendary
Activity: 1372
Merit: 2017
I checked the all-time graph before commenting and have the same conclusions. Honestly, I expected a bit more from FUN at the beginning, I saw some potential in all the benefits they offer, but I was wrong... All I see in the last couple of years is the FUN token sinking deeper and deeper. I sold most of my FUN (with a huge loss) last year, and I said I would get back into FUN when I see it under 10 sats. But now when that time is close I am not sure if it's a smart thing to do, I guess the benefits from holding FUN are nice, but if the price really sinks to 0 then it's not worth the effort I guess...

I remember that when the site adopted the token the general comment in the forum was that in addition to the benefits that the site gave you it would help the token to appreciate in value. Even I who am not a shitcoins person bought some tokens, but I soon sold them because the price behavior was always worse than that of the Bitcoin.
legendary
Activity: 3248
Merit: 1179
....

The bottom is 0, as it usually happens with shitcoins.

https://coinmarketcap.com/currencies/funtoken/

If you look at the all-time graph there you will see what the trend is, and it is getting closer and closer to 0. It only had two spikes, at the beginning, as it usually happens with shitcoins, and when freebitco.in announced it was adopting it. Then the trend has been downward. And the only thing that saves it is because it gives some benefits in the site.



I checked the all-time graph before commenting and have the same conclusions. Honestly, I expected a bit more from FUN at the beginning, I saw some potential in all the benefits they offer, but I was wrong... All I see in the last couple of years is the FUN token sinking deeper and deeper. I sold most of my FUN (with a huge loss) last year, and I said I would get back into FUN when I see it under 10 sats. But now when that time is close I am not sure if it's a smart thing to do, I guess the benefits from holding FUN are nice, but if the price really sinks to 0 then it's not worth the effort I guess...

legendary
Activity: 2996
Merit: 2229
Lets hope it is the buttom but there is also no real incentive why the price for the FUN tokens would go up. If alt season starts, than all coins especially the smaller coins can get a crazy pump and than it can be interesting to cash out some. My average buying price is I think around 60 satoshis so still a long way up.

Earlier, I assumed the FUN token price could reach 100 sats during the alt season, but now I have doubts about it. To be honest, if I were you, I would consider the average buying price of FUN tokens in fiat equivalent rather than in sats because the market trend is that all altcoins are getting cheaper and will continue to get cheaper against BTC.
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
And the only thing that saves it is because it gives some benefits in the site.


True that. The saving grace is the Sats (including RPs) they give out from the free spins. Somewhat better than bits and pieces of altcoins.

I've liquidated most of the alts that are no longer serving a purpose since they have fallen from their ATH, might as well just dump them into FUN and consolidate the membership.
legendary
Activity: 1372
Merit: 2017
I wouldn't say that FUN tokens look good, 5 cents at this BTC price is 70 sats. The FUN token price is 10 sats at the moment. The price of FUN tokens has gone down over the years. A few months ago I asked the question what are the chances that we will see FUN tokens under 10 sats, and here we are the price is 10 sats... so the big question is where is the bottom? Are we really going to see FUN tokens under 10 sats or is this the bottom finally?

The bottom is 0, as it usually happens with shitcoins.

https://coinmarketcap.com/currencies/funtoken/

If you look at the all-time graph there you will see what the trend is, and it is getting closer and closer to 0. It only had two spikes, at the beginning, as it usually happens with shitcoins, and when freebitco.in announced it was adopting it. Then the trend has been downward. And the only thing that saves it is because it gives some benefits in the site.

sr. member
Activity: 2170
Merit: 254
For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.


Well, if you look at the FUN token's chart over time, it definitely has potential during the upcoming alt season, but not as much as other tokens. Personally, I think that once the full-fledged alt season starts and Bitcoin dominance starts to gradually fall, the price of the FUN token could reach at least 5 cents.

I wouldn't say that FUN tokens look good, 5 cents at this BTC price is 70 sats. The FUN token price is 10 sats at the moment. The price of FUN tokens has gone down over the years. A few months ago I asked the question what are the chances that we will see FUN tokens under 10 sats, and here we are the price is 10 sats... so the big question is where is the bottom? Are we really going to see FUN tokens under 10 sats or is this the bottom finally?



Lets hope it is the buttom but there is also no real incentive why the price for the FUN tokens would go up. If alt season starts, than all coins especially the smaller coins can get a crazy pump and than it can be interesting to cash out some. My average buying price is I think around 60 satoshis so still a long way up.
hero member
Activity: 882
Merit: 792
Watch Bitcoin Documentary - https://t.ly/v0Nim
For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.
I was introduced to FUN token in late mid 2023 but I checked the price of FUN token on Coinmarketcap and it looks like these 2022-2023 was a good moment to buy FUN token to deposit it on Freebitco, stake it for a long time to get all the benefits of FUN token and 25% APY on top of that. Besides these benefits, I believe that we already saw the lowest price of this coin and it's going to increase. If this coin is going to the last bull run trend, i.e. the moment when bull run started in 2021, then we should expect this coin to reach more than more than 0.05$ per coin.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.


Well, if you look at the FUN token's chart over time, it definitely has potential during the upcoming alt season, but not as much as other tokens. Personally, I think that once the full-fledged alt season starts and Bitcoin dominance starts to gradually fall, the price of the FUN token could reach at least 5 cents.

That is really something that can worry investors, however there are many ways to make these tokens more liquid, if contests are held where they can take advantage of the flow of tokens to make purchases, to make certain expenses, where not only does it have a lot of life within the freebitco.in platforms, perhaps if they give a more focus to daily life, where you make agreements with virtual stores to make purchases, where you can obtain products using Fun tokens, another way is that in the signature campaigns Give an incentive of Fun tokens directly to your Workers, create more marketing on social networks doubly pay with Fun tokens, what you need is for the token to have movement, and now see how the Bitcon market is starting to behave in a pleasant way It's good to take advantage of this moment.

The ideas of good marketing will always be open so that anyone finds it easy, fast and useful to buy fun tokens, and whether to hodl or use them for purchases, I think you can get a benefit from that way, which will increase the interest. res, of course that's just a suggestion of what they can do to make it have more movement.
legendary
Activity: 3248
Merit: 1179
For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.


Well, if you look at the FUN token's chart over time, it definitely has potential during the upcoming alt season, but not as much as other tokens. Personally, I think that once the full-fledged alt season starts and Bitcoin dominance starts to gradually fall, the price of the FUN token could reach at least 5 cents.

I wouldn't say that FUN tokens look good, 5 cents at this BTC price is 70 sats. The FUN token price is 10 sats at the moment. The price of FUN tokens has gone down over the years. A few months ago I asked the question what are the chances that we will see FUN tokens under 10 sats, and here we are the price is 10 sats... so the big question is where is the bottom? Are we really going to see FUN tokens under 10 sats or is this the bottom finally?

legendary
Activity: 2996
Merit: 2229
For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.


Well, if you look at the FUN token's chart over time, it definitely has potential during the upcoming alt season, but not as much as other tokens. Personally, I think that once the full-fledged alt season starts and Bitcoin dominance starts to gradually fall, the price of the FUN token could reach at least 5 cents.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform


It is very true, as long as a token is doing everything right and just as they have promised, I think that makes it a safe token and that generates confidence, in fact they are in a very good position because of how the tokens are going and if they continue to make improvements necessary, that will attract the attention of only investors, and if Bitcoin becomes trendy Bulluis what it will do is that much more interest will be generated and at the time that Bitcoin goes up and makes its first correction, that will be the moment where these Rollbit tokens drop in price and that is when you should buy, because when bitcoin continues to rise these tokens are going to rise like foam, but if and only if the price of Bitcoin becomes bullish, that is the most correct way of corporating tokens, and as investors do this, it will make the tokens make a good change at 2x, 3x, even possibly 10x, so this RLB token project does not look bad.

For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
FUN token always had a CEO, the former one was even the soul of the project litteraly : Adriaan Brink, unfortunately he died one year ago in April 2023. He used to be the architect of the new era of FUN token after its evolution from Funfair to the Freebitcoin ecosystem and a visionary leader for its development, that's why the project had been less updated since he started to be really ill IMO.
https://funtoken.io/in-memoriam-adriaan-brink-1963-2023/
Oh, what a pity. I was watching FUN's videos on youtube some days ago.
By the way, does anyone know if Freebitco owns the whole FUN project or not? I thought whole FUN project was owned by them but I read somewhere that FUN is a different team and freebitco only owns some coins.

Only Rollbit Token is performing well. I hope this coin won't experience a sudden crash or it will be very hard to recover.

As long as Rollbit's in business, them tokens shouldn't crash.
It's not that simple, you don't know what happens to their coin if Rollbit experiences a major hack or a major crash and that applies to every centralized coin, not only to Rollbit but Rollbit is the only one that's doing very well compared to others.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
With a bazillion tokens out there and BTC being the king, it's hard to convince entities to accept if the adoption rate is low. Also with lack of Layer 2 protocol (i.e. ERC20), fees are just not worth the hassle.

They had a Polygon version of the token which they called XFUN which had fees of less than 1 cent. They failed to get the token listed anywhere except a few decentralized exchanges where liquidity was low. They have now rebranded the token to just FUN and moved it to a new contract. They are still making the same mistakes as before because it’s almost impossible to acquire the token. I thought at some point they would add the Polygon version to FreeBitco.in and that would greatly improve adoption because of the low fees, but their apathy leads me to believe they might never add this option.

The token reached a value of only a single digit worth of sats earlier this week, with no indication that this perpetual decline will ever stop. They did name a new CEO a few days ago. It seems odd that something which is supposed to be decentralized to have a CEO but maybe they will have some new ideas that will be beneficial to investors.
FUN token  always had a CEO, he was even the soul of the project litteraly : Adrian Bink, unfortunately he died one year ago in April 2023. He used to be the architect of the project and visionary leader about its developpment, that's why the project had been less updated since he was ill IMO.
https://funtoken.io/in-memoriam-adriaan-brink-1963-2023/

Wow,that is a very sad news to hear.I think he was not old enough to die at 60 years old but that is life and destiny spares no one.I think regarding the price of FUN token if people were smart enough to use the balance they had in Freebitco.in to buy FUN at 12 Satoshis this will pay off in a hopefully not so distant future as the project cannot be standing still.I personally bought quite some FUN now that the price is cheap and I am conserving the Wheel of Fortune spins when things will be more attractive regarding the prizes but FUN is still a good business to be dealing with,it just needs some time to reap the rewards,that's all.
hero member
Activity: 2128
Merit: 532
FREE passive income eBook @ tinyurl.com/PIA10
Only Rollbit Token is performing well. I hope this coin won't experience a sudden crash or it will be very hard to recover.

As long as Rollbit's in business, them tokens shouldn't crash.
legendary
Activity: 1372
Merit: 2017
Price is very attractive in my opinion after I zoomed out the chart. I saw price corrected about 40% or 50% from its latest peak and it potentially gives investors opportunity to x2 their capital if the token simply reclaims its latest peak. Look farther, by zooming out, I saw another better possibility to have x10 with the token because the highest price in 2021 is about 10 times from today price.
https://coinmarketcap.com/currencies/funtoken/

Have you put your money where your mouth is? What I see there is the typical shitcoin graph, trending to 0, with some huge spikes in its history for having become fashionable at some point. To me it only makes some sense to acquire the token to enjoy more benefits in the casino, but not even then. The graph is clearly downward in the long term, and in the last year when it looks practically flat if we zoom in we see that it has lost 10%. I don't see any news that will unleash the FOMO and cause the price to have a good spike.

Doubling the price may double it but betting on that is not much different than playing red or black at roulette and what I do see almost impossible is that it will make x10, because that price was reached when freebitco.in announced its adoption of the token. With the fiasco that has resulted I doubt very much that another casino will jump on the bandwagon.
legendary
Activity: 2604
Merit: 2353
With a bazillion tokens out there and BTC being the king, it's hard to convince entities to accept if the adoption rate is low. Also with lack of Layer 2 protocol (i.e. ERC20), fees are just not worth the hassle.

They had a Polygon version of the token which they called XFUN which had fees of less than 1 cent. They failed to get the token listed anywhere except a few decentralized exchanges where liquidity was low. They have now rebranded the token to just FUN and moved it to a new contract. They are still making the same mistakes as before because it’s almost impossible to acquire the token. I thought at some point they would add the Polygon version to FreeBitco.in and that would greatly improve adoption because of the low fees, but their apathy leads me to believe they might never add this option.

The token reached a value of only a single digit worth of sats earlier this week, with no indication that this perpetual decline will ever stop. They did name a new CEO a few days ago. It seems odd that something which is supposed to be decentralized to have a CEO but maybe they will have some new ideas that will be beneficial to investors.
FUN token always had a CEO, the former one was even the soul of the project litteraly : Adriaan Brink, unfortunately he died one year ago in April 2023. He used to be the architect of the new era of FUN token after its evolution from Funfair to the Freebitcoin ecosystem and a visionary leader for its development, that's why the project had been less updated since he started to be really ill IMO.
https://funtoken.io/in-memoriam-adriaan-brink-1963-2023/
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
The FUN tokens are very famous and have many good things, but it would be good if they could generate more opportunities and more options to do things better, because the moment they decide to make good investments the opportunities are applied to buying, I have not bought fun tokens, I have had bad experiences with casinos with native tokens and that takes advantage of things to make a good market. I have not yet seen any good project, the one from rollbit, which is RLB, has Resonated a lot. Apparently they have a good project and things are going wrong.

The cainso should take advantage of putting these tokens well because it is an idea for investors to trust, I am not a great investor, but I do buy few, and I don't like them because investing in altcoins sometimes gives good returns and can make you win big when Bitcoin rises Price, but there has to be a good project, something that promises as it is.

FUN tokens were famous and they still probably are, when Freebitco acquired FUN tokens, there was a wide talk on Reddit and other websites and forums about this event. FUN was performing well during the 2018 year, then it went down, then Freebitco acquired it and there was hope among investors and the price went up again and was up during the 2021 year, then it started going down and is doing terribly.
By the way, I don't understand FUN token's benefits besides Freebitco's benefits that you get by holding it.

Realistically like other casino tokens, they will never take off like BTC so use cases will remain more or less the same. Even BFG is still stuck at less than 2 cents but on the bright side, over here we're still enjoying the free spins and added interests so I'm not complaining Smiley
Only Rollbit Token is performing well. I hope this coin won't experience a sudden crash or it will be very hard to recover.
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