FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest

[NJ89]

It happens often to me that I see two emails from FreeBitco.in in my box, and I claim two free spins of WOF, one after another.

BUT, it's not that I receive 2 free spins per day. Since
~snip

Yes, I know that because it also happens to me that sometimes there is a day when I can not spin and I can only do it the next day after spinning the spin received the next day.  In the case that @NJ89 shared, he said he received two emails within 24 hours, or maybe the one mail did not have a free spin but he said that they had both.

Exactly, all emails listed in the screenshot I posted contained 1 free spin each. On average, I get 2 per day. On the 23rd I got 3, but on the 21st I only got 1. So there's a slight inconsistency, but I'm still very happy...

[mindrust]

Why buy FUN tokens? You could have created your own token on the ETH blockchain and had 100% of it. What is so special about FUN? I don't really understand why is FUN being hyped. Isn't it just another shitcoin?

[tygeade]

Honestly if you are not getting the wheel thingy from mail, you are not missing too much. I am subscribed to it and I am getting it daily and it is really not that shocking at all. So far I have received basically 50 satoshi or 50 RP almost all the time, I have done this more than 20 times now and got 19 times those 50 satoshi or 50 rp deal and only got one 400 satoshi or something and that is nothing as well you may realize.

So, basically it is a free once a day thing and not like I expect 10 btc from it neither, they can't just give people tons of money there all the time because it is once a day but if you think you are missing out something do not feel like that because it is not really anything special.

[arallmuus]

Why buy FUN tokens? You could have created your own token on the ETH blockchain and had 100% of it.

If freebitco.in create a new token, they will need to do everything from the scratch again which also means they will need to create a demand for the new Token. Demand from freebitco.in user is definitely not enough, they will need to target new  people that dont use freebitco.in before which is why using/buying existed token like FUN is a better option

Some people that hold FUN might be a potential new user for freebitco.in so they are targeting those people as well

Isn't it just another shitcoin?

Its not . Fun Fair has their own casino and their token is sitting around #100-#150 in coinmarketcap.com . Thats definitely not a shitcoin . Most shitcoins have nothing but a splendid whitepaper

[SiNeReiNZzz]

Why buy FUN tokens? You could have created your own token on the ETH blockchain and had 100% of it. What is so special about FUN? I don't really understand why is FUN being hyped. Isn't it just another shitcoin?

That's a good question, I haven't really dealt with the token yet. I just assume that the operators already know what they are doing.
They wrote in their last announcement that they made a good deal and acquired 3,750,000,000 FUN tokens.

These 3,750,000,000 FUN tokens alone represent a current market value of $114,700,000.00 US dollars ( ~78,240 ETH).

Out of curiosity, I would be interested to know how much was paid for the tokens in the end...

After a short research I also came across the Ethereum-Wallet of FreeBitco.in:

https://etherscan.io/address/0xa86d199c756ee927c4a4c72c2f5d9673d3cdb2aa

[Saint-loup]

snip

Thank you for sharing this address, this is an interesting find. According to Freebitcoin figures 86 000 users bought 84 000 000 tokens till now that's about 1000 tokens per user. So to sell 3,75 billion tokens to users it will be needed to convince 3,75 million users.

[FinneysTrueVision]

Thank you for sharing this address, this is an interesting find. According to Freebitcoin figures 86 000 users bought 84 000 000 tokens till now that's about 1000 tokens per user. So to sell 3,75 billion tokens to users it will need to convince 3,75 million users.

There are also plans to do token burnings, developing new uses for FUN, and creating partnerships to increase demand. It will not be necessary to convince millions of users. The price should go upwards over time if we see these plans become a reality.

[Bttzed03]

Honestly if you are not getting the wheel thingy from mail, you are not missing too much. I am subscribed to it and I am getting it daily and it is really not that shocking at all. So far I have received basically 50 satoshi or 50 RP almost all the time, I have done this more than 20 times now and got 19 times those 50 satoshi or 50 rp deal and only got one 400 satoshi or something and that is nothing as well you may realize.

So, basically it is a free once a day thing and not like I expect 10 btc from it neither, they can't just give people tons of money there all the time because it is once a day but if you think you are missing out something do not feel like that because it is not really anything special.

I am not thinking highly of the rewards I get from the daily Free Spins but those small rewards in sats and rp can turn into something more valuable. I'll just convert them into lottery tickets and wait for lady luck to come. Today, I got 450 lottery tickets and it was probably the biggest reward I've got.

[Saint-loup]

Thank you for sharing this address, this is an interesting find. According to Freebitcoin figures 86 000 users bought 84 000 000 tokens till now that's about 1000 tokens per user. So to sell 3,75 billion tokens to users it will need to convince 3,75 million users.

There are also plans to do token burnings, developing new uses for FUN, and creating partnerships to increase demand. It will not be necessary to convince millions of users. The price should go upwards over time if we see these plans become a reality.

Yes I saw that, they've even announced a port of the token on another blockchain cheaper and faster but nobody knows how much time it will take to accomplish all those goals, so I was just making an assumption.

[Free Market Capitalist]

OFFICIAL ANNOUNCEMENT - FreeBitco.in Has Acquired FUN Token!

That is great news! This is to not surprising coming from a company with the great reputation that freebitco.in has. It shows it cares a lot about its customers.

[UserU]

Yes I saw that, they've even announced a transfer on another blockchain cheaper and faster but nobody knows how much time it will take to accomplish all those goals, so I was just making an assumption.

Hopefully in the near future. Imagine having to pay ETH transaction fees just to move some FUN tokens around.

Just like BAT and Uphold, transferring them out to another wallet already cost 35 dollars...

[jaysabi]

OFFICIAL ANNOUNCEMENT - FreeBitco.in Has Acquired FUN Token!

Recently, we introduced the FreeBitco.in community to the FUN Token through our Premium Membership Program. Now, we're going one step further...

Wow, definitely didn't see this one coming. Gotta say that I haven't been too interested in FUN to this point because this seemed a little pumpy, but FB taking over FUN lends more weight to FB's belief in the future of the token.  Definitely paints this all in a different light now.

[Jemzx00]

OFFICIAL ANNOUNCEMENT - FreeBitco.in Has Acquired FUN Token!

Recently, we introduced the FreeBitco.in community to the FUN Token through our Premium Membership Program. Now, we're going one step further...

Wow, definitely didn't see this one coming. Gotta say that I haven't been too interested in FUN to this point because this seemed a little pumpy, but FB taking over FUN lends more weight to FB's belief in the future of the token.  Definitely paints this all in a different light now.

With this news, I gotta get moving and starts acquiring more and more FUN tokens as soon as possible. The way FB trusted FUN tokens and even acquiring them will surely made it's price to go up. Currently, I have been managing to get a hold of some FUN tokens thru Wheel of Fortune and some betting but right now, I'll invest more of my crypto unto it.

Let's wait until FUN tokens to enter rank 100 on coinmarketcap anytime now, it's currently on rank 131 but FB acquiring them will surely enough reason for it to enter on rank 100. Goodluck to us who have FUN tokens. 

[freebitco.in PR]

FUN Token - The Future of Online Gaming

FreeBitco.in has acquired a majority of the FUN Token cold storage i.e. 3.75 billion FUN Tokens in a bid to change the face of online gaming for good.

The FUN Token is a fast, transparent, and decentralized token developed specifically for the online gambling and gaming industry. FreeBitco.in seeks to harness its potential, improve its utility and value, and use it to eliminate the existing drawbacks of the online gaming industry.

And, in order to achieve that, FreeBitco.in is committed towards taking up certain initiatives (see image below) that will significantly transform how the iGaming industry operates. To learn more, visit the FUN Token website.

Join the iGaming Revolution with FreeBitco.in. Buy FUN Tokens now!

[mindrust]

Why buy FUN tokens? You could have created your own token on the ETH blockchain and had 100% of it.

If freebitco.in create a new token, they will need to do everything from the scratch again which also means they will need to create a demand for the new Token. Demand from freebitco.in user is definitely not enough, they will need to target new  people that dont use freebitco.in before which is why using/buying existed token like FUN is a better option

Some people that hold FUN might be a potential new user for freebitco.in so they are targeting those people as well

It doesn't make sense. FUN is (or was) already a dead shitcoin without any trading volume. The demand for FUN tokens was already zero before freebitco.in announced that they bought some.

Isn't it just another shitcoin?

Its not . Fun Fair has their own casino and their token is sitting around #100-#150 in coinmarketcap.com . Thats definitely not a shitcoin . Most shitcoins have nothing but a splendid whitepaper

You don't need a whitepaper to become a legitimate currency nowadays. You can create your own on the ETH blockchain and nobody will care if it has a whitepaper or not.

FUN is at #131 right now btw.

2 months ago before the freebitco.in stuff, it was at #363.
https://coinmarketcap.com/historical/20201227/

Which means it was dead. DEAD. I wasn't alive. It never was. It had no audience or whatsoever.

[Saint-loup]

5%

The house edge can be calculated as follows.
HE= 1- (Odds * Win chance)

For example, if you set the odds to 2, the win chance would be 0.475
So, the house edge is 1 - (2 * 0.475) = 0.05 = 5%

Yes you're right and with this formula you can also calculate your actual winning chances when you know the house edge and the odds.

	Winning chances =	1 - HE
		Odds

But you can also calculate the House edge without knowing the winning chances and the odds.
When a dice game/hi-lo game prevents to bet on a range of value you just need to divide this range by the maximum value.
Here we have (5250-4750)/10 000 = 0.05 = 5%                    
 
                

[arallmuus]

It doesn't make sense. FUN is (or was) already a dead shitcoin without any trading volume.

This is pretty much an exaggeration of your own statement. Here is the screenshot for the daily trading volume of FUN Fair on 1st November 2020 - 7th November 2020 taken from coinmarketcap. It has decent volume although it is not that much compared with other alts but atleast it is not dead

You don't need a whitepaper to become a legitimate currency nowadays. You can create your own on the ETH blockchain and nobody will care if it has a whitepaper or not.

I dont say anything about having whitepaper to get your own token. For me shitcoins would be coins / token that has nothing at all besides their splendid whitepaper. Thats literally what shitcoins means for me

Which means it was dead. DEAD. I wasn't alive. It never was. It had no audience or whatsoever.

Its not, its struggling but atleast it is not dead. Anything with over few hundred thousand of daily volume is pretty much decent when there are tons of other dead coins in coinmarketcap's list

[mindrust]

It doesn't make sense. FUN is (or was) already a dead shitcoin without any trading volume.

This is pretty much an exaggeration of your own statement. Here is the screenshot for the daily trading volume of FUN Fair on 1st November 2020 - 7th November 2020 taken from coinmarketcap. It has decent volume although it is not that much compared with other alts but atleast it is not dead

[img https://i.imgur.com/7pAObts.png[/img]

You don't need a whitepaper to become a legitimate currency nowadays. You can create your own on the ETH blockchain and nobody will care if it has a whitepaper or not.

I dont say anything about having whitepaper to get your own token. For me shitcoins would be coins / token that has nothing at all besides their splendid whitepaper. Thats literally what shitcoins means for me

Which means it was dead. DEAD. I wasn't alive. It never was. It had no audience or whatsoever.

Its not, its struggling but atleast it is not dead. Anything with over few hundred thousand of daily volume is pretty much decent when there are tons of other dead coins in coinmarketcap's list

You have just proven me right. These numbers are very low.

Even that $300k volume was a lie considering that binance still lists exchanges with fake trading volume. Its honest trading volume was probably below $50k. Historical snapshots don't show the trading volume by exchange so I can't know where was that trading volume coming from but It is not hard to imagine that it was all coming from the wash-trading exchanges.

Following your logic any shitcoin at #360th spot isn't a shitcoin right now which tells me that you are a master bullshitter.

WaltonChain is at #360 right now btw. What a nice & alive coin.

[jaysabi]

It doesn't make sense. FUN is (or was) already a dead shitcoin without any trading volume.

This is pretty much an exaggeration of your own statement. Here is the screenshot for the daily trading volume of FUN Fair on 1st November 2020 - 7th November 2020 taken from coinmarketcap. It has decent volume although it is not that much compared with other alts but atleast it is not dead

[snip]

You don't need a whitepaper to become a legitimate currency nowadays. You can create your own on the ETH blockchain and nobody will care if it has a whitepaper or not.

I dont say anything about having whitepaper to get your own token. For me shitcoins would be coins / token that has nothing at all besides their splendid whitepaper. Thats literally what shitcoins means for me

Which means it was dead. DEAD. I wasn't alive. It never was. It had no audience or whatsoever.

Its not, its struggling but atleast it is not dead. Anything with over few hundred thousand of daily volume is pretty much decent when there are tons of other dead coins in coinmarketcap's list

Having trading volume doesn't mean it has utility, it just means people are speculating in it. So that doesn't mean it's not a shitcoin. Also, having a whitepaper doesn't mean it's not a shitcoin either. Since it's a vague term without a universal definition, you'll probably get variations from person to person, but I would consider a coin with no utility or no problem to solve to be a shitcoin.  I.e., it doesn't need to exist, or someone just created it to enrich themselves.  That's 99% of all coins on coinmarket cap.  There are only a handful that wouldn't fit this definition, and I'm not exactly sure FUN is one of them. Does it need to exist? No, not really. It's not currently doing anything bitcoin doesn't already do. Faster and cheaper aren't exactly breakthroughs anymore when there are other tons of other coins that do this too. Guess we'll see if FB can grow it into anything more than what it currently is.

[uneng]

It doesn't make sense. FUN is (or was) already a dead shitcoin without any trading volume.

This is pretty much an exaggeration of your own statement. Here is the screenshot for the daily trading volume of FUN Fair on 1st November 2020 - 7th November 2020 taken from coinmarketcap. It has decent volume although it is not that much compared with other alts but atleast it is not dead

[snip]

You don't need a whitepaper to become a legitimate currency nowadays. You can create your own on the ETH blockchain and nobody will care if it has a whitepaper or not.

I dont say anything about having whitepaper to get your own token. For me shitcoins would be coins / token that has nothing at all besides their splendid whitepaper. Thats literally what shitcoins means for me

Which means it was dead. DEAD. I wasn't alive. It never was. It had no audience or whatsoever.

Its not, its struggling but atleast it is not dead. Anything with over few hundred thousand of daily volume is pretty much decent when there are tons of other dead coins in coinmarketcap's list

Having trading volume doesn't mean it has utility, it just means people are speculating in it. So that doesn't mean it's not a shitcoin. Also, having a whitepaper doesn't mean it's not a shitcoin either. Since it's a vague term without a universal definition, you'll probably get variations from person to person, but I would consider a coin with no utility or no problem to solve to be a shitcoin.  I.e., it doesn't need to exist, or someone just created it to enrich themselves.  That's 99% of all coins on coinmarket cap.  There are only a handful that wouldn't fit this definition, and I'm not exactly sure FUN is one of them. Does it need to exist? No, not really. It's not currently doing anything bitcoin doesn't already do. Faster and cheaper aren't exactly breakthroughs anymore when there are other tons of other coins that do this too. Guess we'll see if FB can grow it into anything more than what it currently is.

I'm not sure yet how advantageous FUN investment could be, but it's not like 99% of altcoins in the market, because it actually offers some exclusive benefits to holders, such as free wheel daily spins and increasement in bitcoin interest income for FreeBitco.in's investors, depending on the amount you hold and on how long you are holding.
So it's not a token which relies in speculation to grow. The calculation someone should do is if extra free spins and bonus interest worth the investment in FUN coin.