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

[SquallLeonhart]

It does have some utility because FB is using it, but still the question is why. What's it accomplish you can't do with bitcoin already? That's the crucial difference.  It's like how JD used/uses CLAMS.  (Dunno if they still do, haven't followed that site in a long time.)  But that's another instance where CLAMS was a worthless coin, but it gained utility because it was the only coin JD would take for gambling.  The use-case for the coin outside that site was virtually 0 though, and the overall question remained, why that coin specifically?  It wasn't doing anything you couldn't do with bitcoin, so it was just useless differentiation.

And I've done the calculations on FUN and took a pass on it because I didn't deem it a worthwhile investment, based solely on the math.  Everyone has to make their own determination about that though.  

I would have to say even if it had zero worth before freebitco.in took over as soon as this acquisition was made, it became something that has utility and that is what we should care about. Because, if it was a shitcoin with absolutely nothing of worth doing with it and should be zero and dead BEFORE freebitco.in that was before and right now we do not care about it, that doesn't change anything about today, which is why we should feel fine about it.

But afterwards, it has a chance to change things and it has changed things and right now it has utility so it has a huge potential, we should care about what and how it is right now and not beforehand, it was chosen and that is done there is nothing else to care about the past now, looking at the future we can say that freebitco.in will be amazing for FUN token and the price will definitely increase as long as they keep making FUN token their crypto.

[uneng]

Negative side:

• During the first year of FUN investment you won't receive the maximum bonus. You need to wait 1 year to start taking advantage of 25% extra interest and 16 free spins;
• By investing your btcs in FUN you would still lose potential bitcoin bull runs' profits.

currently bitcoin is struggling to stay above $43,000, and because of that bitcoin price drop FUN token has dropped 16% and here comes this problem too:

when the price of bitcoin dropped a lot, altcoins also dropped a lot.

imagine taking $15,000 from the bank and buying bitcoin for the price of $ 44,000 and then buying FUN and a year later the bitcoin price is $ 22,000? the person will leave with very large losses, but it can also happen that the person takes $ 15,000 from the bank and buys bitcoin for the price of $44,000 and buys FUN and a year later the bitcoin price costs $ 100,000 and the price of FUN costs 0.06 $ and the person leaves with a lot of profit

Yes, that is the normal volatility of crypto market and could indeed happen. There are many risks involved and the investor must be aware of all of them before making the final decision. Personally I'm confident in bitcoin and I'm patient enough to wait for long run profits, so I'm fine with this. But I think nobody should take money from the bank that will be needed for daily expenses, emergencies or even taking loans at bank to buy crypto currency, that is totally frowned up.

[STT]

It wasnt zero worth, its an active company but growth and usage helps alot more.

Its not impossible to value the prizes, there might even be equations used to equate probability to some worth though its unknown in an absolute way the market values future worth every day in the tradable price of many assets.   Or simply take the lowest prize as the base worth but sure the interest is probably the biggest deal for a big holder (or the cashback).

the person will leave with very large losses

I dont think its a situation for someone who is going to leave immediately.   I estimate the period of these few years coming up will be positive and so its generally going to be ok to hold.   I dont know of course, it could be this current gain was the peak but I imagine its more about gains over time not just price immediately reflecting speculation.   I dont reckon we'll be just mulling over the Elon Musk peak in 2025.    I can see it might be the high for the year, I heard a big trader say 6 months possibly and thats not especially negative just normal averaging or consolidation; I did estimate 2020 would be flat in sum but then we went full 28 days later  

[Saint-loup]

 I can see it might be the high for the year, I heard a big trader say 6 months possibly and thats not especially negative just normal averaging or consolidation;

You've heard a big trader doing an analysis on Funfair? Could you share a link please? I wonder how he could predict a 6 months consolidation while the premium program haven't been launched for now. You should wait 2 more weeks before doing such kind of hazardous assumption IMHO

[Bttzed03]

Can we take a break about FUN token for a bit? Has anyone gotten their winnings from the BTC price prediction by Feb. 28 event? If none, how long does it usually take before they are credited to your account?

[TheQuin]

It does have some utility because FB is using it, but still the question is why. What's it accomplish you can't do with bitcoin already? That's the crucial difference.  It's like how JD used/uses CLAMS.  (Dunno if they still do, haven't followed that site in a long time.)  But that's another instance where CLAMS was a worthless coin, but it gained utility because it was the only coin JD would take for gambling.  The use-case for the coin outside that site was virtually 0 though, and the overall question remained, why that coin specifically?  It wasn't doing anything you couldn't do with bitcoin, so it was just useless differentiation.

That's actually an interesting comparison with CLAMS because it doesn't prove a crucial difference. The use for FUN tokens before we got involved was for gambling on Funfair games. One of the big problems it suffers is that users have to pay high ETH Gas fees to be able to play.

3. New Blockchain: Based on the Ethereum blockchain, FUN prided itself on being fast, open, and secure. However, the growth of DeFi on Ethereum has been pushing gas prices up for many months, making the adoption of FUN too expensive for users. FreeBitco.in is actively exploring opportunities to port the FUN Token to a new blockchain that is faster and cheaper.

4. Dedicated Wallet: FreeBitco.in is working on creating a dedicated wallet for FUN users that can operate seamlessly between different iGaming platforms. The wallet would also help users convert their FUN tokens into multiple crypto and fiat currencies.

[UserU]

Ayyy, managed to win the prediction of BTC between 40K - 50K with my miniscule bet

That's actually an interesting comparison with CLAMS because it doesn't prove a crucial difference. The use for FUN tokens before we got involved was for gambling on Funfair games. One of the big problems it suffers is that users have to pay high ETH Gas fees to be able to play.

Good move. ERC20 tokens can't scale much with such high prices. Now we'd see some good use of FUN.

[Karartma1]

OFFICIAL ANNOUNCEMENT - FreeBitco.in Has Acquired FUN Token!

3. New Blockchain: Based on the Ethereum blockchain, FUN prided itself on being fast, open, and secure. However, the growth of DeFi on Ethereum has been pushing gas prices up for many months, making the adoption of FUN too expensive for users. FreeBitco.in is actively exploring opportunities to port the FUN Token to a new blockchain that is faster and cheaper.

It's the only thing that matters now because Ethereum's blockchain is being under such an heavy pressure that it is mostly annoying to transact over there.
Congrats on the acquisition by the way, and if you solve the usability problem that can be a huge boost for your platform.

[ultrloa]

OFFICIAL ANNOUNCEMENT - FreeBitco.in Has Acquired FUN Token!

3. New Blockchain: Based on the Ethereum blockchain, FUN prided itself on being fast, open, and secure. However, the growth of DeFi on Ethereum has been pushing gas prices up for many months, making the adoption of FUN too expensive for users. FreeBitco.in is actively exploring opportunities to port the FUN Token to a new blockchain that is faster and cheaper.

It's the only thing that matters now because Ethereum's blockchain is being under such an heavy pressure that it is mostly annoying to transact over there.
Congrats on the acquisition by the way, and if you solve the usability problem that can be a huge boost for your platform.

Many gamblers has been turn off for the fees what ethereum require for each transaction we made that's why it's a good move for dev to move up and choose another chain to make it more reliable and faster to their user. The one I'm waiting now is the implementation and will wait for further news about the developments.

[slaman29]

Can we take a break about FUN token for a bit? Has anyone gotten their winnings from the BTC price prediction by Feb. 28 event? If none, how long does it usually take before they are credited to your account?

Agreed. You're into it or you're not, but maybe it's more exciting to talk about the actual things still going on as usual at FBC I've not put in many predictions of late due to price being impossible to see in terms of wild swings.

Also, seems like more and more of my WoF prizes are going to lottery tickets these days. Which is okay, as long as I win one of them again soon:P

Everyone enjoy the temporary dip to near $40k?

[dwyane36]

OFFICIAL ANNOUNCEMENT - FreeBitco.in Has Acquired FUN Token!

3. New Blockchain: Based on the Ethereum blockchain, FUN prided itself on being fast, open, and secure. However, the growth of DeFi on Ethereum has been pushing gas prices up for many months, making the adoption of FUN too expensive for users. FreeBitco.in is actively exploring opportunities to port the FUN Token to a new blockchain that is faster and cheaper.

It's the only thing that matters now because Ethereum's blockchain is being under such an heavy pressure that it is mostly annoying to transact over there.
Congrats on the acquisition by the way, and if you solve the usability problem that can be a huge boost for your platform.

Many gamblers has been turn off for the fees what ethereum require for each transaction we made that's why it's a good move for dev to move up and choose another chain to make it more reliable and faster to their user. The one I'm waiting now is the implementation and will wait for further news about the developments.

Yeah, many dapps like games became unfit for use after the gas price has been boosting. I hope the gas price will be cheaper after EIP-1559, but we may expect it only in summer or fall. As an option, freebitcoin can use BSC as an alternative to ETH.

[Saint-loup]

Can we take a break about FUN token for a bit? Has anyone gotten their winnings from the BTC price prediction by Feb. 28 event? If none, how long does it usually take before they are credited to your account?

Yes I already got my winnings for this bet, didn't you? It usually takes less than one day after the outcome of the event to credit the winnings on the accounts, based on my own experience.

[freebitco.in PR]

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1. 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 they buy, 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.

At the time of posting, User 39472069 is the leader with 2,210,555 tokens bought by their referrals. However, with 13 days left, you still have time to rise to the top!

Show your friends the wonders of the Premium Membership Program. Token holders earn the following benefits at FreeBitco.in:

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2. 16 Free Spins Daily
3. 25% Interest Boost on BTC Deposits

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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[Betwrong]

Ayyy, managed to win the prediction of BTC between 40K - 50K with my miniscule bet
~

Congrats, @UserU! Miniscule or not, it's a win!

This time I too in profit from betting on BTC and ETH price.

Was  a bit over-bullish regarding Ethereum with my 5000 sats bet on "$1,501 - $2,000" range(although right now ETH is in that range )



But I placed only one bet on BTC price



And it was the right one.

[babygun]

Ayyy, managed to win the prediction of BTC between 40K - 50K with my miniscule bet
~

Congrats, @UserU! Miniscule or not, it's a win!

This time I too in profit from betting on BTC and ETH price.

Was  a bit over-bullish regarding Ethereum with my 5000 sats bet on "$1,501 - $2,000" range(although right now ETH is in that range )



But I placed only one bet on BTC price



And it was the right one.

Nice, especially the BTC bet!
Also managed to win these time as I placed 2 bets covering the whole range between $40,000 and $60,000 for the BTC price.
Not a lot of profit as I only bet 3000 satoshis on each range, but it's profit  .

[STT]

I didnt place any bearish bets on the monthly price this time, didnt think it was worth estimating that one as an outcome vs the price exploding upwards was in serious prospect.     BTC action today has it breaking past some of the negative action, its basically going back to weekly average and see how it fairs at 49k.   Trading above that simple momentum measure should mark a more positive price action then we had since the Musk meme shook it up and back down.

I reckon ETH going proof of stake will lower transaction fees quite a bit for them, its a far more efficient process that might even seriously challenge proof of work and BTC method I've been interested in that dynamic and staking since 2014 myself and the POS idea is quite valid to go mainstream imo.
   Why does that matter, it'd be the first big change in crypto for a decade far more valid then the forking nonsense.   I know theres a few other POS attempts but ETH is the biggest most viable to change the landscape afaik.   We live in interesting times  

[newwest]

Ayyy, managed to win the prediction of BTC between 40K - 50K with my miniscule bet
~

Congrats, @UserU! Miniscule or not, it's a win!

This time I too in profit from betting on BTC and ETH price.

Was  a bit over-bullish regarding Ethereum with my 5000 sats bet on "$1,501 - $2,000" range(although right now ETH is in that range )


But I placed only one bet on BTC price


And it was the right one.

Nice, especially the BTC bet!
Also managed to win these time as I placed 2 bets covering the whole range between $40,000 and $60,000 for the BTC price.
Not a lot of profit as I only bet 3000 satoshis on each range, but it's profit  .

Congrats on winning the bets, it was not an easy one this time because many of them would have placed it when it was looking so on upside and might not have chosen the 40k to 50k range. But last week changed the game as it prices dropped quite significantly and might end up losing on the bets.

[pawanjain]

imagine taking $15,000 from the bank and buying bitcoin

That is the mistake that nobody should do. I keep advising everybody I know not to take any loan in order to invest in any asset (including crypto).
This is where the risk gets deeper and starts troubling us. If the investment yields profit then it's good but if it's the opposite then that can lead to a depression or anxiety.
Taking loan for investment is a bad idea. One should only invest when he has some extra money he can afford to lose.

[Raflesia]

imagine taking $15,000 from the bank and buying bitcoin

That is the mistake that nobody should do. I keep advising everybody I know not to take any loan in order to invest in any asset (including crypto).
This is where the risk gets deeper and starts troubling us. If the investment yields profit then it's good but if it's the opposite then that can lead to a depression or anxiety.
Taking loan for investment is a bad idea. One should only invest when he has some extra money he can afford to lose.

Loans must indeed be avoided if we cannot reverse it, in my opinion, it is a fact, especially just for gambling investing, we must be able to reverse profits and losses, therefore I think this is not what we do well even though we think profits can reverse it.
Sometimes I have also seen someone who took a loan just to gamble even though this is a big mistake because I believe gambling is not to start looking for profit but to have fun with our extra money.

[UserU]

Congrats, @UserU! Miniscule or not, it's a win!

This time I too in profit from betting on BTC and ETH price.

Was  a bit over-bullish regarding Ethereum with my 5000 sats bet on "$1,501 - $2,000" range(although right now ETH is in that range )



But I placed only one bet on BTC price



And it was the right one.

You are right, a win is still a win.

Oh, and congrats on your winnings too! Both of us actually placed almost the same amount betting on BTC (mine's around 9K+ sats and on a lower time multiplier).

I thought you were gonna go for multiple BTC bets like last time