justdimin
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February 05, 2021, 07:16:32 PM |
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What's the deal with FUN tokens? Did freebitco.in implement these tokens because bitcoin became too high in value? If so maybe implementing LN would have been a better idea. I admit LN is too much trouble for the devs maybe that's why avoided it.
Or maybe It was a better idea to bring freedogecoin back. This is the first time I heard about FUN tokens tbh.
I can't lie having another coin in the website is a good idea, sure it is something you should do and the way you have used FUN tokens are very nice, but I am still very much against doing it with FUN and not something else. Do not be mistaken, I love "how" it is done, that is not really the part I am concerned with, in fact that is the part I love and definitely support 100% without interruption. Only part I didn't like is the fun part, because that is not fun at all and not a big known one neither. If you want lower one Doge would have done but you have talked about how you didn't liked doge so you could go with tron? It is cheap, it is instantly transferred and there is nearly no transaction fee as well, that is why I personally would have preferred that. Obviously I would rather have the giants like ETH if I could but I understand why they may have been harder to implement.
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shield132
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February 05, 2021, 07:51:12 PM |
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Can anyone clarify the things about daily interest? What do they mean in 25% daily interest on 500 000 fun token for 12 months? They'll pay daily the yearly 25 percentage of 500 000 FUN token, yeah? And can we withdraw earned interest anytime?
I think this will be the coin that will shine and bring a good profit. At the moment, I think that it's great for daily trading, price easily goes up and down and with some patience, you can make good profit everyday but supporters may hold it for long term and wait for the launch moment.
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abzy
Jr. Member
Offline
Activity: 96
Merit: 2
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February 05, 2021, 08:14:55 PM |
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Can anyone clarify the things about daily interest? What do they mean in 25% daily interest on 500 000 fun token for 12 months? They'll pay daily the yearly 25 percentage of 500 000 FUN token, yeah? And can we withdraw earned interest anytime?
No. 25% is the increase of the interest on the BTC balance. Normally you get a daily interest corresponding to an annual interest rate which is 4.08%. If you keep 500000 FUN after one year the annual interest rate will be 5.10% (because 4.08x1.25=5.10).
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STT
Legendary
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Activity: 4060
Merit: 1448
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February 05, 2021, 10:08:42 PM Last edit: June 12, 2023, 01:47:37 AM by STT |
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Simplest way to put the interest is that if you received 1 BTC ( per year) before buying any FUN token then after 12 months at the maximum benefit now you will receive 1.25 BTC in interest every year. Obviously thats a high roller to get that much interest, so theres various levels that will apply to a lesser extent but at some point the tokens will pay for themselves in that gain realised via site usage and its slanted towards long term users of the site. Some maths genius could take all the data applicable and put it out as a graph for the various gains per the cost of buying the token. There will be some feedback in the price beyond speculation which is something I like to see. 1% cashback on bets includes events betting I think so I like that bit and probably just the free wheel additional spins is the most obvious benefit I like just because I might get a Rolex or those golden tickets, I got a much better chance now on a daily basis I think thats my favorite. https://freebitco.in/static/html/token/user.html?tag=fbtc_web_bannerFlick through this FAQ a few times to weigh up but it comes down to benefits given over time. Any of the big price predictions on BTC are going to take years anyhow, if you are sticking around for that then theres no negative in involvement here imo. APR means annual rate so its paid daily but only in tiny increments like 1/365. After a year it adds up to that rate, its actually showing the daily rate as well in settings. Also it compounds etc. So when it says 25% daily interest, its talking about giving a quarter more interest not a quarter of the capital on top. Its still a good benefit as in effect its giving back the purchase price of the FUN, thats how I read it.
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FinneysTrueVision
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February 05, 2021, 10:17:52 PM |
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~
No. 25% is the increase of the interest on the BTC balance. Normally you get a daily interest corresponding to an annual interest rate which is 4.08%. If you keep 500000 FUN after one year the annual interest rate will be 5.10% (because 4.08x1.25=5.10). This isn't one of the big selling points unless you intend to keep a good amount of BTC for several years on the site. With compounded growth it could grow to be a nice amount if you're willing to wait.
Today, I got my third 5000 sat prize in less than two months from the wheel of fortune. I'm still hesitant about trading my BTC for some lower top 100 altcoin, but if you do the math you are practically guaranteed to earn it all back within a relatively short time period.
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AmoreJaz
Legendary
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Activity: 3248
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Leading Crypto Sports Betting & Casino Platform
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February 05, 2021, 10:43:22 PM |
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~
No. 25% is the increase of the interest on the BTC balance. Normally you get a daily interest corresponding to an annual interest rate which is 4.08%. If you keep 500000 FUN after one year the annual interest rate will be 5.10% (because 4.08x1.25=5.10). This isn't one of the big selling points unless you intend to keep a good amount of BTC for several years on the site. With compounded growth it could grow to be a nice amount if you're willing to wait.
Today, I got my third 5000 sat prize in less than two months from the wheel of fortune. I'm still hesitant about trading my BTC for some lower top 100 altcoin, but if you do the math you are practically guaranteed to earn it all back within a relatively short time period. - Third 5000 prize is really good achievement for you because in recent I never have any big prize from this site mostly going with 50 RP Lottery Tickets and Satoshies but you done good job nearly 5$ prizes not bad at all your luck is high so you can do some more good for you right now. lucky for him to get 5k sats. got only once the 5k sats, the rest 50sats, 50RP. but it is free, so no hurt feelings here. bought some fun tokens, and lets see if we will ever get benefits from buying these tokens. also, wondering if they are going to add the withdraw option of FUN tokens later on? as they are also listed in binance. and for those who dont want to hold and just sell it to the market.
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rhomelmabini
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February 05, 2021, 11:08:43 PM |
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Anyway, if hypothetically we can't roll one satoshi, what will happen to the "FREE BTC" ? Any idea?
I'd like to roll some FUN tokens to be earned but I'd like to remain as well the free BTC or if there will be some options like what you would earn every hour if it's in sats or in FUN tokens. Well, changes are constant but I do hope free sats will remain even if the rewards are that low, one day that will be worth a dollar per sats.
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arisatox
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February 06, 2021, 12:23:30 AM |
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Anyway, if hypothetically we can't roll one satoshi, what will happen to the "FREE BTC" ? Any idea?
I'd like to roll some FUN tokens to be earned but I'd like to remain as well the free BTC or if there will be some options like what you would earn every hour if it's in sats or in FUN tokens. Well, changes are constant but I do hope free sats will remain even if the rewards are that low, one day that will be worth a dollar per sats. i like the idea of being able to get fun tokens from the faucet too, or other currencies, but i do not think it will happen anytime soon
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rodskee
Full Member
Online
Activity: 2520
Merit: 204
OrangeFren.com
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February 06, 2021, 01:32:06 AM |
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~snip~
Why do you ask though? You are not using freebitco.in signature anyway That's a General question for the community who joins signature like me , if our signature can be modified and can put referral link from Freebitco.in . because i have read sometime that there is a campaign participant from other signature that has the referral from other site so i was wondering if this is allowable as i don't really have idea but i am interested.
But thanks for the response , really appreciated Mate.
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Chikito
Legendary
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Activity: 2520
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February 06, 2021, 03:14:08 AM |
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I will exchange it for fun, as rate 1 FUN=0.00000117 BTC, if you exchange it you will get about 42 tokens. also, wondering if they are going to add the withdraw option of FUN tokens later on?
in the FAQ you will find; 15th March 2021. as we can do now is only buying the token and get the benefit.
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NABiT
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February 06, 2021, 03:32:11 AM |
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also, wondering if they are going to add the withdraw option of FUN tokens later on? as they are also listed in binance. and for those who dont want to hold and just sell it to the market.
DEPOSIT/WITHDRAW/SELL After 15th March, when the Premium Program goes live, you can deposit, withdraw, and sell your FunFair tokens at FreeBitco.in. This feature will be activated only after launch..
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TheQuin
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February 06, 2021, 03:44:18 AM |
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That's a General question for the community who joins signature like me ,
Which makes it a bit off-topic here so people assumed you were asking about our signature campaign. if our signature can be modified and can put referral link from Freebitco.in .
That depends on the rules the manager of the signature campaign you are in has set. If you are not in a campaign you are free to put your freebitco.in referral link in it.
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jaysabi
Legendary
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Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
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February 06, 2021, 06:05:05 AM |
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~
No. 25% is the increase of the interest on the BTC balance. Normally you get a daily interest corresponding to an annual interest rate which is 4.08%. If you keep 500000 FUN after one year the annual interest rate will be 5.10% (because 4.08x1.25=5.10). This isn't one of the big selling points unless you intend to keep a good amount of BTC for several years on the site. With compounded growth it could grow to be a nice amount if you're willing to wait. Honestly, seems more risky than not. I've done some really rough math and the break even point on the different tiers of FUN are pretty long, and that's assuming it holds value consistently, which alts as a rule just don't do for a prolonged period of time. Could this possibly be an exception? Maybe, but this all seems a little too pumpy to my liking.
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Text
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February 06, 2021, 06:21:53 AM |
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Honestly, seems more risky than not. I've done some really rough math and the break even point on the different tiers of FUN are pretty long, and that's assuming it holds value consistently, which alts as a rule just don't do for a prolonged period of time. Could this possibly be an exception? Maybe, but this all seems a little too pumpy to my liking.
You are right, this risk involved in such investments, purchases, and holdings will not be lost. This site also does not guarantee that we will earn or lose in the program we entered. Let's just imagine that there is a reward for joining their program. The benefits available, of course, if you want to have a higher percentage you also need the higher purchase. So, before entering, be prepared and know the possible consequences. Its success also depends on yourself how you handle it.
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TheQuin
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February 06, 2021, 07:44:41 AM |
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Honestly, seems more risky than not. I've done some really rough math and the break even point on the different tiers of FUN are pretty long, and that's assuming it holds value consistently, ~
No, that's assuming you only looked at the interest bonus and forgot to include all the other benefits in your calculation.
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peter0425
Sr. Member
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Activity: 2800
Merit: 457
Vave.com - Crypto Casino
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February 06, 2021, 07:49:24 AM |
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also, wondering if they are going to add the withdraw option of FUN tokens later on? as they are also listed in binance. and for those who dont want to hold and just sell it to the market.
DEPOSIT/WITHDRAW/SELL After 15th March, when the Premium Program goes live, you can deposit, withdraw, and sell your FunFair tokens at FreeBitco.in. This feature will be activated only after launch.. well it seems to be happening very soon ? it is more than a month now and the Deposit/Withdraw feature will be available, and since Freebitco.in has been here for long years now meaning that the investment is in safe hands? Wondering how much would that be in the next 5 years if we will just Leave our funds inside Fun program? i Have seen the Massive Signature campaign happening now in forum that the team Hired 72 Hero/Legendary accounts for 4 weeks posting , this means they really mean Business here.
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Juggy777
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February 06, 2021, 07:54:05 AM |
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also, wondering if they are going to add the withdraw option of FUN tokens later on? as they are also listed in binance. and for those who dont want to hold and just sell it to the market.
DEPOSIT/WITHDRAW/SELL After 15th March, when the Premium Program goes live, you can deposit, withdraw, and sell your FunFair tokens at FreeBitco.in. This feature will be activated only after launch.. well it seems to be happening very soon ? it is more than a month now and the Deposit/Withdraw feature will be available, and since Freebitco.in has been here for long years now meaning that the investment is in safe hands? Wondering how much would that be in the next 5 years if we will just Leave our funds inside Fun program? i Have seen the Massive Signature campaign happening now in forum that the team Hired 72 Hero/Legendary accounts for 4 weeks posting , this means they really mean Business here. @peter0425 in my personal opinion this token will outperform many alt coins, and if you can hodl it for the long run then you’ll definitely get decent profits. As far as the signature campaign is concerned it’s normal for new tokens to be advertised via signatures, and Freebitco is a big site hence I’m not surprised to see them deploy more members to advertise their token.
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GbitG
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February 06, 2021, 07:55:11 AM |
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also, wondering if they are going to add the withdraw option of FUN tokens later on? as they are also listed in binance. and for those who dont want to hold and just sell it to the market.
DEPOSIT/WITHDRAW/SELL After 15th March, when the Premium Program goes live, you can deposit, withdraw, and sell your FunFair tokens at FreeBitco.in. This feature will be activated only after launch.. well it seems to be happening very soon ? it is more than a month now and the Deposit/Withdraw feature will be available, and since Freebitco.in has been here for long years now meaning that the investment is in safe hands? Wondering how much would that be in the next 5 years if we will just Leave our funds inside Fun program? i Have seen the Massive Signature campaign happening now in forum that the team Hired 72 Hero/Legendary accounts for 4 weeks posting , this means they really mean Business here. One of very legit sites here on this forum already running 2 Signature campaigns with very good pay mean they know all about business its really good marketing to attract more investors I am feeling this is surly going to be one of best projects in recent time because team is doing good work for all which is not easy for many others.
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freebitco.in PR
Copper Member
Member
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freebitco.in Official PR Account
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February 06, 2021, 01:40:11 PM |
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Bring Your Friends to FreeBitco.in, Win 2 MILLION FUN TOKENS!Earlier this week, we announced our latest Premium Membership Program. To participate, users are required to buy FUN Tokens and hold them for the following benefits: 1. 1% Cashback 2. 16 Free Spins Daily 3. 25% Interest Boost on BTC Deposits We've already opened FreeBitco.in for FUN Token purchases. However, now we're giving you a chance to win a whopping 2 MILLION FUN TOKENS, for free: 1. Yesterday, we launched the 2 Million FUN Token Referral Contest. Head over to the Token page in your FreeBitco.in account to get your Referral URL. Use your influence to refer new users to the program using this URL. 2. Every FUN Token purchase made by your referrals is connected to your Referral ID. The more people you refer, the higher your rank. 3. The contest ends on 15th March. Finish in the Top 10 to win minimum 12,500 tokens, and finish #1 to win 1 MILLION FUN COINS. Got social influence? Use it to spread the word; make YouTube tutorials, shout it out on Reddit, Twitter, Medium, Bitcoin Talk etc. Shout it out to the world, get your friends to join and buy FUN Tokens, and win a million tokens on 15th March 2021!
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