Nightz
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October 06, 2017, 06:23:29 AM |
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Hi, is there some sort of share dividends for token holders?
Correct me if I am wrong, but there are no dividends involved. FunFair tokens get burned over time through usage.
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Bitcoinorama
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October 06, 2017, 03:31:54 PM |
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Hi, is there some sort of share dividends for token holders?
Correct me if I am wrong, but there are no dividends involved. FunFair tokens get burned over time through usage. Dividends make tokens equities which run afoul of securities laws, they fail the Howey test and are almost certainly going to be flagged and held accountable. Most exchanges also wont list them. You shouldn't touch any token that pays dividends. Funfair transactions fees will be burned for the first two years.
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Bitcoinorama
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October 06, 2017, 03:34:24 PM |
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Voted for the fun tokens! Thank-you
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Naficopa
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October 08, 2017, 02:29:44 PM |
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it's gonna be bloody if we break 550, maybe time to announce the burn Bloody = buy more! hehe You have right man! This is the old rule of all traders! When the stock market is bleeding - buy! When everyone buys - sell!
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trilla666
Member
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Activity: 98
Merit: 10
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October 09, 2017, 05:47:05 AM |
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any news on the rumored coin burn? any time frame on when that will be happening? Is it an inevitable event with no announced date, or just speculation?
Thanks in advance! Go Fun!
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JohnDoe3490
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October 09, 2017, 07:54:00 AM |
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any news on the rumored coin burn? any time frame on when that will be happening? Is it an inevitable event with no announced date, or just speculation?
Thanks in advance! Go Fun!
The token burn is inevitable and will occur sometime in October. They are working out the details on several announcments for this month. Some of the developers are very active in the Telegram group, so i recommend that you pay a visit once in a while; very interesting discussions. Yup. Tokens naturally lose high price when there are periods of no news.
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Nole32
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Activity: 21
Merit: 0
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October 09, 2017, 03:04:03 PM |
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any news on the rumored coin burn? any time frame on when that will be happening? Is it an inevitable event with no announced date, or just speculation?
Thanks in advance! Go Fun!
The token burn is inevitable and will occur sometime in October. They are working out the details on several announcments for this month. Some of the developers are very active in the Telegram group, so i recommend that you pay a visit once in a while; very interesting discussions. Yup. Tokens naturally lose high price when there are periods of no news. They put milons of funfair tokens in circulation and price went down. They talking about burn and pumping, then sell their stash. I had very good opinoin about this project but now i am sceptic. Price will newer go up if they keep pumping more tokens in circulation and they admit they will continue to do that...
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Nole32
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Activity: 21
Merit: 0
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October 09, 2017, 05:05:59 PM |
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They put milons of funfair tokens in circulation and price went down. They talking about burn and pumping, then sell their stash. I had very good opinoin about this project but now i am sceptic. Price will newer go up if they keep pumping more tokens in circulation and they admit they will continue to do that...
Please refer to whatever source you got this from so people dont have to take your word for it. The only thing i know of was the recent leaderboard reward program where they distributed 3 million tokens; thats nothing compared to the total circulation of 4 billion.... Shouldnt affect price that much. People have been buying into BTC and XRP over the last couple of days, so all alts went down as a result. Well, google is your friend. Weak ago circulation coin supply was 3,839,463,249 and now is 4,000,000,000, do the math. They admit it it on discord chanel. They put more tokens in to circulation and price must go down. Eth was 300 and fun was 0.3. Eth is still above 300 but fun is 0.24.
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oleksii777
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October 09, 2017, 06:03:50 PM |
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Why does the coin fall in price? When will the coins be burned ??
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Nole32
Newbie
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Activity: 21
Merit: 0
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October 09, 2017, 06:34:52 PM |
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Why does the coin fall in price? When will the coins be burned ??
There is no reason for price to go up becouse they will not be burning coins from circulation supply afaik. Quite the oposite, token circulation supply will go up. When?, we dont know. If they want to pump more coins into circulation they could wait q1 2018 after they have finished product and not now when the price is so sensitive. Dont get me wrong, i realy belive that they doing a great project so i dont understand why pump the value to 0.035 with coin burn story and then sell big chunk of their tokens. To me it is not fair and it is not looking good. This is my view, no one needs to take it for granted. Do your own research, make your own decisions and repply here with your own conclusions.
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sweetbet
Full Member
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Activity: 961
Merit: 110
SweetBet.com
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October 10, 2017, 10:59:49 AM |
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For those who didnt know, they will replace the chip logo with a new coin branding. Here is a sneak peak: Looking good I love the logo. It looks really good !!!
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oleksii777
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October 10, 2017, 03:37:57 PM |
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So I was given false information on the coin, they said that I would burn coins, I certainly bought coins but now they are rapidly falling down !!!
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sweetbet
Full Member
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Activity: 961
Merit: 110
SweetBet.com
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October 10, 2017, 11:03:01 PM |
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So I was given false information on the coin, they said that I would burn coins, I certainly bought coins but now they are rapidly falling down !!!
Most of the alt coin market took a hit when Bitcoin's price increased. Be patient and wait until 1-4 November when DevCon3 starts. The price should pump then because FunFair is a global sponsor there, and again when the alpha is released in Q1 2017, and again when the beta is released in Q1 2018.
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JohnDoe3490
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October 11, 2017, 04:37:25 AM |
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So I was given false information on the coin, they said that I would burn coins, I certainly bought coins but now they are rapidly falling down !!!
Most of the alt coin market took a hit when Bitcoin's price increased. Be patient and wait until 1-4 November when DevCon3 starts. The price should pump then because FunFair is a global sponsor there, and again when the alpha is released in Q1 2017, and again when the beta is released in Q1 2018. Yup, all alt coins has taken a dive because they want free money from the bitcoin fork.
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Naficopa
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October 11, 2017, 10:24:43 AM |
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So I was given false information on the coin, they said that I would burn coins, I certainly bought coins but now they are rapidly falling down !!!
Most of the alt coin market took a hit when Bitcoin's price increased. Be patient and wait until 1-4 November when DevCon3 starts. The price should pump then because FunFair is a global sponsor there, and again when the alpha is released in Q1 2017, and again when the beta is released in Q1 2018. Yup, all alt coins has taken a dive because they want free money from the bitcoin fork. Even if FunFair price is falling compared to Bitcoin price it doesn't mean that is going down.. When you exchange token to BTC price in fiat is +/- this same, so don't worry guys.. Just wait for updates
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JohnDoe3490
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October 11, 2017, 09:19:59 PM |
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So I was given false information on the coin, they said that I would burn coins, I certainly bought coins but now they are rapidly falling down !!!
Most of the alt coin market took a hit when Bitcoin's price increased. Be patient and wait until 1-4 November when DevCon3 starts. The price should pump then because FunFair is a global sponsor there, and again when the alpha is released in Q1 2017, and again when the beta is released in Q1 2018. Yup, all alt coins has taken a dive because they want free money from the bitcoin fork. Even if FunFair price is falling compared to Bitcoin price it doesn't mean that is going down.. When you exchange token to BTC price in fiat is +/- this same, so don't worry guys.. Just wait for updates True. I always look at the CMC dollar $ amount though.
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onlybarca6
Newbie
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Activity: 41
Merit: 0
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October 16, 2017, 09:41:46 PM |
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Would you say this is still a good time to buy in at $0.03?
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JohnDoe3490
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October 16, 2017, 10:24:09 PM |
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Nice price increase. Incredible 55% burn wow!
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JohnDoe3490
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October 16, 2017, 10:39:32 PM |
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Would you say this is still a good time to buy in at $0.03?
Ofcourse, the price sits comfortably at ~500 satoshi now after peaking at 700. The token burn followed by Devcon in November will surely boost the price to higher support levels. FunFair is a great investment. Absolutely. Price will definite increase once companies sign on. IBM and Stellar caused 100%+ price increase!
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