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Author Topic: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 631704 times)
Shishir99
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April 19, 2025, 09:59:38 AM
 #32821

Some FUN token holders, especially those who invested in 2018, may also say that a rug pull occurred. If we look at the price in sats equivalent, the situation for such holders is even worse.
I don't know much about their FUN token. I was just following up on some posts, and the post made by Mahdirakib made some sense. Also, all these are just speculation. We don't know what is actually happening. They do not have any active representative here who can help us understand what is happening. I am sure some users are worried about these cases.

Quote
By the way, what about the results of the 11th round of the Lambo lottery? As I understand it, they just skipped it as if it never happened.
I don't expect much from them. I am not even an active user of their website. So, it doesn't really bother me. All I care about newbies who still want to try this website. The website looks super risky to make a $10 deposit. You never know if they will release your withdrawal or not. No way to contact their support.

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pushups44
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April 19, 2025, 12:22:03 PM
 #32822

Some FUN token holders, especially those who invested in 2018, may also say that a rug pull occurred. If we look at the price in sats equivalent, the situation for such holders is even worse.
By the way, what about the results of the 11th round of the Lambo lottery? As I understand it, they just skipped it as if it never happened.

Poor performance by a token is not necessarily evidence of a rug pull. At least the FUN token is still being used and promoted so many years after its release. With regard to questions about the lottery, it would be a good idea for the site to have a representative interact here or at least address technical issues in a blog.
Cointxz
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April 19, 2025, 12:32:26 PM
 #32823

Some FUN token holders, especially those who invested in 2018, may also say that a rug pull occurred. If we look at the price in sats equivalent, the situation for such holders is even worse.
By the way, what about the results of the 11th round of the Lambo lottery? As I understand it, they just skipped it as if it never happened.

Poor performance by a token is not necessarily evidence of a rug pull. At least the FUN token is still being used and promoted so many years after its release. With regard to questions about the lottery, it would be a good idea for the site to have a representative interact here or at least address technical issues in a blog.

It’s almost a rug pull because this token has no use case for so many years since all the project building with this token becomes dead that’s why Freebitco.in manage to accumulate huge token allocation from this dying project.

I think they are still on that same state aside from the recent hype that now slowly fading.

Lastly, FUN token doesn’t represent solely freebitco.in. This casino still can exit scam and still gain from their token holdings if they decided to sold now.

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uneng
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April 19, 2025, 01:20:14 PM
 #32824

Did you receive your withdrawal already?
Yes, got paid already.



I'm surprised that FUN is maintaining its price at 8 satoshis for so long. I thought that pump and dump scheme would last much less. I'm not regretful for having sold FUN when it was pricing 7 satoshis, though, because the chances of a sudden massive crash are constantly present. If you haven't sold yours yet, I advise you doing it as soon as you have an opportunity (while you still can).

This site is almost abandoned, and FUN doesn't have the uniqueness, creativity and energy it takes to reach the next level of adoption in crypto market. Consider 8 satoshis per token your "golden ticket" to get out of this minimizing losses, or having a small profit over your initial investment, depending for how much you bought.

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Fivestar4everMVP
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April 19, 2025, 01:41:55 PM
 #32825

Did you receive your withdrawal already?
Yes, got paid already.



I'm surprised that FUN is maintaining its price at 8 satoshis for so long. I thought that pump and dump scheme would last much less. I'm not regretful for having sold FUN when it was pricing 7 satoshis, though, because the chances of a sudden massive crash are constantly present. If you haven't sold yours yet, I advise you doing it as soon as you have an opportunity (while you still can).

This site is almost abandoned, and FUN doesn't have the uniqueness, creativity and energy it takes to reach the next level of adoption in crypto market. Consider 8 satoshis per token your "golden ticket" to get out of this minimizing losses, or having a small profit over your initial investment, depending for how much you bought.
And if we are to look at this from a different angle, the fact that the price of fun token climbed to 8 Satoshies and have remained in that level for quite a long time now isn't also a good sign, it is very possible that those or whoever bought a lot of fun token to drive the price to where it is currently was hoping or expecting other investors to fomo into the fun, thereby driving the price much higher so that he or they will sell the bag they bought cheap at a higher rate, but unfortunately, no one fomoed into the cryptocurrency and the price has remained where those who initially bought it left it off..

What this means is that, if this investor will sell at this price, he or she or they will lose money, so he or she or they have no choice but to hold onto the fun bag and wait to see if other investors will pick interest, and this is a possible reason why the price seemingly is stable at the current price..

Stability of a cryptocurrency can be as a result of several factors, and one of such factors is lack of interest in the crypto asset, which also results in low trading volume.

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pushups44
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April 19, 2025, 03:28:00 PM
Last edit: April 21, 2025, 02:11:51 AM by pushups44
 #32826

And if we are to look at this from a different angle, the fact that the price of fun token climbed to 8 Satoshies and have remained in that level for quite a long time now isn't also a good sign, it is very possible that those or whoever bought a lot of fun token to drive the price to where it is currently was hoping or expecting other investors to fomo into the fun, thereby driving the price much higher so that he or they will sell the bag they bought cheap at a higher rate, but unfortunately, no one fomoed into the cryptocurrency and the price has remained where those who initially bought it left it off..

What this means is that, if this investor will sell at this price, he or she or they will lose money, so he or she or they have no choice but to hold onto the fun bag and wait to see if other investors will pick interest, and this is a possible reason why the price seemingly is stable at the current price..

Stability of a cryptocurrency can be as a result of several factors, and one of such factors is lack of interest in the crypto asset, which also results in low trading volume.

Well, the FUN token is dropping like a rock (down 13 percent in 24 h). Then again, one thing that stands out to me is the super-high volume - in the last 24 h at $10.86 million according to CMC. A token with that much volume is anything but dead, unless the volume is from wash trading. What strikes me about this token is the very high percentage of staking - that's an indication of a use case. I'm open to being corrected about this, though.
pushups44
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April 20, 2025, 02:15:48 AM
Last edit: April 21, 2025, 02:12:07 AM by pushups44
 #32827

Some FUN token holders, especially those who invested in 2018, may also say that a rug pull occurred. If we look at the price in sats equivalent, the situation for such holders is even worse.
By the way, what about the results of the 11th round of the Lambo lottery? As I understand it, they just skipped it as if it never happened.

Poor performance by a token is not necessarily evidence of a rug pull. At least the FUN token is still being used and promoted so many years after its release. With regard to questions about the lottery, it would be a good idea for the site to have a representative interact here or at least address technical issues in a blog.

It’s almost a rug pull because this token has no use case for so many years since all the project building with this token becomes dead that’s why Freebitco.in manage to accumulate huge token allocation from this dying project.

I think they are still on that same state aside from the recent hype that now slowly fading.

Lastly, FUN token doesn’t represent solely freebitco.in. This casino still can exit scam and still gain from their token holdings if they decided to sold now.

Freebitco.in may be accumulating the FUN token, but it looks to me like it's actually being staked by users. If it's being staked by users, I can see the argument about the token's centralization, but I don't see the argument that it lacks a use case. With a market cap of $67 million, I don't see why the platform would get rid of the token, but maybe I am missing something.
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April 20, 2025, 04:42:41 AM
 #32828

I believe because of this news https://x.com/funtoken_io/status/1909653351270129974?s=61

They released their roadmap for 2025 with lots of big announcements and partnerships inside related to web3 gaming. The price pre-pump before the announcement because of the anticipation for more partnerships.

Txs for the info. It looks just another pump and dump to me, then. In fact, it seems that the price has peaked and started to decline. For this token to succeed, it would have to be adopted in a significant way in a major casino or in several casinos that add up. They are announcing strategic partnerships but we will have to see how this turns out.

If the casinos are able to get their own token, as many have done, I don't see why they should use this one.

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FinneysTrueVision
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April 20, 2025, 04:57:34 AM
 #32829

What strikes me about this token is the very high percentage of staking - that's an indication of a use-case. I'm open to being corrected about this, though.

If you’re talking about FUN Savings, those numbers are unverifiable. It is not real staking that can be verified on the blockchain. Around 60% of the supply is supposed to be locked on FreeBitco.in, but around 83% is held on Binance wallets. If you lock your tokens on the site, not only are you trusting FreeBitco.in but also Binance. All these layers of risk, lowering the APY to an insignificant amount, and the token’s historical performance make this a very unattractive offering.

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April 20, 2025, 10:18:03 AM
 #32830

Freebitco.in may be accumulating the FUN token, but it looks to me like it's actually being staked by users. If it's being staked by users, I can see the argument about the token's centralization, but I don't see the argument that it lacks a use-case. With a market cap of $67 million, I don't see why the platform would get rid of the token, but maybe I am missing something.

We can only guess who owns most of the 7 billion locked FUN tokens on freebitcoin. Of course, some users still have locked FUN tokens, but I personally think that most of the tokens belong to the freebitcoin team. At least, I don't really believe that users trust a platform that has a lot of problems and is not very willing to communicate with the community.

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corrado25
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April 20, 2025, 10:27:17 AM
 #32831

Friends, what's going on with FreeBitco.in? I can't log in because it says The connection is not confidential. Is it safe to log in?

The SSL certificate is valid so the connection should be confidential. Check the address of the website carefully to make sure it is not a phishing website.

However, this doesn't mean that the website is trustworthy. Since July 2024, people are not receiving their Wheel of Fortune spins anymore, me as well. Some other people are having problems withdrawing money from the website, other people are complaining that they are getting "Internal Server Errors 500" constantly.

My plan is to wait until I can withdraw the FUN tokens I have there, sell them if they allow the withdrawal and never look back.

I withdrew my BTC i had there in September last year after 2 weeks of not getting the Wheel of Fortune spins.



I already figured out what the matter is. In Ukraine, this site is blocked by presidential decree)))
Shishir99
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April 20, 2025, 11:47:05 AM
 #32832

We can only guess who owns most of the 7 billion locked FUN tokens on freebitcoin. Of course, some users still have locked FUN tokens, but I personally think that most of the tokens belong to the freebitcoin team. At least, I don't really believe that users trust a platform that has a lot of problems and is not very willing to communicate with the community.

You have a very good point. If a platform does not want to communicate with its users, I don't think the users could trust that platform. But look at this thread and their website. The website is pretty much active, and users are using it every day, even though the casino team is not posting any updates anywhere. I don't remember seeing anyone share anything regarding the casino response lately.

They have been silent for a while and did not even bother to let the community know if they are working on something. I am just waiting for them to rug pull, and then those people will cry and regret their decision. Too many red flags already.

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April 20, 2025, 12:14:15 PM
 #32833

You have a very good point. If a platform does not want to communicate with its users, I don't think the users could trust that platform. But look at this thread and their website. The website is pretty much active, and users are using it every day, even though the casino team is not posting any updates anywhere. I don't remember seeing anyone share anything regarding the casino response lately.

I would call the current activity in this thread a residual effect, as freebitcoin had an impeccable 10-year reputation and was very popular during that time. In fact, since last year, most of the discussions in this thread have been focused on discussing problems that arise on the freebitcoin site rather than on gambling and the development of this project.

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April 20, 2025, 02:05:44 PM
 #32834

What strikes me about this token is the very high percentage of staking - that's an indication of a use-case. I'm open to being corrected about this, though.

If you’re talking about FUN Savings, those numbers are unverifiable. It is not real staking that can be verified on the blockchain. Around 60% of the supply is supposed to be locked on FreeBitco.in, but around 83% is held on Binance wallets. If you lock your tokens on the site, not only are you trusting FreeBitco.in but also Binance. All these layers of risk, lowering the APY to an insignificant amount, and the token’s historical performance make this a very unattractive offering.

Virtually any token outside of the top 100 by market cap could be said to be an "unattractive offering." The way I see it, the FUN token is speculative in the way that many low-cap tokens and even penny stocks are speculative - a degen play as they say. I agree that there is an element of faith that Freebitco.in will continue to act in good faith when you use or accumulate the token. It seems the token should be viewed as largely an in-house rewards program, with a bet on the token largely a bet on the goodwill of the site.
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April 20, 2025, 02:41:21 PM
 #32835

Virtually any token outside of the top 100 by market cap could be said to be an "unattractive offering." The way I see it, the FUN token is speculative in the way that many low-cap tokens and even penny stocks are speculative - a degen play as they say. I agree that there is an element of faith that Freebitco.in will continue to act in good faith when you use or accumulate the token. It seems the token should be viewed as largely an in-house rewards program, with a bet on the token largely a bet on the goodwill of the site.

Well, I think sometimes the tokens outside the top 100 can make you a fortune. I would usually invest a very small percentage of my portfolio in those coins that I feel have a strong project, and if my luck clicks, those projects can give good returns.

Regarding the fun token, there was a time when it was in the top 100, and now you will not find it even in the top 400 coins. This is how badly it is performing lately. I also do not see it coming back in the top lists and therefore it is way too risky to invest in this project. Why would you be willing to buy a token whose project (freebitco) isn't performing well  Huh

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April 20, 2025, 03:26:09 PM
 #32836

Virtually any token outside of the top 100 by market cap could be said to be an "unattractive offering." The way I see it, the FUN token is speculative in the way that many low-cap tokens and even penny stocks are speculative - a degen play as they say. I agree that there is an element of faith that Freebitco.in will continue to act in good faith when you use or accumulate the token. It seems the token should be viewed as largely an in-house rewards program, with a bet on the token largely a bet on the goodwill of the site.

Well, I think sometimes the tokens outside the top 100 can make you a fortune. I would usually invest a very small percentage of my portfolio in those coins that I feel have a strong project, and if my luck clicks, those projects can give good returns.

Regarding the fun token, there was a time when it was in the top 100, and now you will not find it even in the top 400 coins. This is how badly it is performing lately. I also do not see it coming back in the top lists and therefore it is way too risky to invest in this project. Why would you be willing to buy a token whose project (freebitco) isn't performing well  Huh
Your point is very strong about outsiders because I also love to go ahead with tokens which have some potential event It's very hard to check and go but still it can bring good fortune.
About FUN, I was also optimistic about this but recently changes happen which are creating serious hype about this but market sentiments are not favorable so just because of this now FUN is out of top 400 maybe this could be gone more down.
Here Freebitco needs to be more punctual if they want another good rise which is not looking easy for team in near future but if they are doing good behind the scene then maybe they will be having some good reward for their hard work because crypto is always about hype and hard work which give good reward to developers and investors.
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April 20, 2025, 03:29:28 PM
 #32837


Virtually any token outside of the top 100 by market cap could be said to be an "unattractive offering." The way I see it, the FUN token is speculative in the way that many low-cap tokens and even penny stocks are speculative - a degen play as they say. I agree that there is an element of faith that Freebitco.in will continue to act in good faith when you use or accumulate the token. It seems the token should be viewed as largely an in-house rewards program, with a bet on the token largely a bet on the goodwill of the site.

FUN token got lucky for managing to list on Binance during the early days of exchange because right now no casino tokens being listed in there.

FUN token still retain its value because of this listing on top tier exchange while they still have some use case on different gaming projects.

Without Binance listing, I believe this token will suffer same fate with other casino tokens that is no on low marketcap.


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April 20, 2025, 10:07:17 PM
 #32838

FUN token got lucky for managing to list on Binance during the early days of exchange because right now no casino tokens being listed in there.
FUN token was listed on binance in August 2019. That was more than 2 years after binance launch and when binance was already one of the toppest exchanges. Maybe, I don't remember correctly, but I don't think it was easy for projects to have their tokens listed in binance even in that time.

It may worth mentioning that binance had two FUN pairs before. One was FUN/BTC which has been removed and I won't be surprised if Binance remove FUN/USDT too one day.

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April 20, 2025, 10:20:56 PM
 #32839


Virtually any token outside of the top 100 by market cap could be said to be an "unattractive offering." The way I see it, the FUN token is speculative in the way that many low-cap tokens and even penny stocks are speculative - a degen play as they say. I agree that there is an element of faith that Freebitco.in will continue to act in good faith when you use or accumulate the token. It seems the token should be viewed as largely an in-house rewards program, with a bet on the token largely a bet on the goodwill of the site.

FUN token got lucky for managing to list on Binance during the early days of exchange because right now no casino tokens being listed in there.

FUN token still retain its value because of this listing on top tier exchange while they still have some use case on different gaming projects.

Without Binance listing, I believe this token will suffer same fate with other casino tokens that is no on low marketcap.

I believe that the FUN Token was only listed on Binance because at that time the token was not yet linked to any gambling site, but if this token had not been listed, I am sure that today Binance would not list it. This only shows that Binance does not list casino tokens due to some kind of legal obstacle that they do not talk about, because it does not make sense for them to list many useless shitcoins, but they do not list good casino tokens like the Rolbit token if I am not mistaken.

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April 20, 2025, 11:39:57 PM
 #32840

The token was always about gambling so Im not sure how that could be, even before it came onto this site it was being used as a gambling token.  I went round a few casino sites that had it as an opening bonus offer to receive FUN token.  Unfortunately I didnt manage to get any because it was so involved to open an account, this site being relatively easy and massive is why it blew up alot and it could go back up if the site was working properly again.
  More to be gained from fixing stuff then the oppisite so it doesnt especially make sense not to do the most profitable thing imo.

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