Saint-loup
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March 12, 2021, 06:28:33 PM |
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What do you think about the idea of having a faucet for FUN Tokens on the Freebitco website ?!
I think it's way too early for this kind of suggestion, if Freebitcoin starts to offer a FUN Token faucet people will stop buying FUNs and will claim them on the faucet instead. I think it would be more relevant and interesting for freebitcoiners in one or two years, when FUN will have a new blockchain, more applications and more platforms using it. I totally agree, and with that the question of "what will happen when bitcoin is too high" will be closed as well, because I doubt that fun token could ever reach to those levels, which means that fun token could be the token for freebitco.in forever but the name freebitco.in would be useless in case fun token is given in the faucet thingy. So, let's assume that they do both bitcoin and fun together, and they are considering fun token like reward points from now on, that is how they changed the rewarding system, the more you do something the more fun token you get and so forth, that still doesn't change the fact that they are removing a bit of bitcoin from the system since reward points are bitcoins when it is 100k. It means there is one solution, a fair exchange that people buy and sell from each other, just like any other exchange, but for bitcoin/fun pair, that's it, just one. For the time being, RP are exchangeable for goods and bonuses with a fixed value (or nearly fixed), that means if RPs are replaced by FUN tokens with the same kind of fixed scale, FUN tokens will get an implied value. 1/10000th of an iPhone XS for example.
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SiNeReiNZzz
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αLPʜα αɴd ΩMeGa
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March 12, 2021, 06:33:48 PM |
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What do you think about the idea of having a faucet for FUN Tokens on the Freebitco website ?!
I think it's way too early for this kind of suggestion, if Freebitcoin starts to offer a FUN Token faucet people will stop buying FUNs and will claim them on the faucet instead. I think it would be more relevant and interesting for freebitcoiners in one or two years, when FUN will have a new blockchain, more applications and more platforms using it. I am extremely curious about what else is planned... I think that possibly not all planned things have been revealed yet... But it would take some getting used to if BTC is completely replaced by FUN tokens! Well, lets see...
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AmoreJaz
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March 12, 2021, 10:21:16 PM |
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What do you think about the idea of having a faucet for FUN Tokens on the Freebitco website ?!
I think it's way too early for this kind of suggestion, if Freebitcoin starts to offer a FUN Token faucet people will stop buying FUNs and will claim them on the faucet instead. I think it would be more relevant and interesting for freebitcoiners in one or two years, when FUN will have a new blockchain, more applications and more platforms using it. I am extremely curious about what else is planned... I think that possibly not all planned things have been revealed yet... But it would take some getting used to if BTC is completely replaced by FUN tokens! Well, lets see... i think it is possible in the future about having FUN faucet instead of satoshi. because right now, getting free satoshi from their faucet is not worth your time, unless you are after also for the free LT and RP. we will see the interest in the next few days once they unveiled the benefits of being a holder of FUN tokens. are we going to see the price of FUN to increase at least a lil bit from its current price?
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Timelord2067
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💲🏎️💨🚓
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March 12, 2021, 10:36:12 PM Last edit: May 16, 2023, 01:39:06 AM by Timelord2067 |
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I've also got 5,000 FUN tokens and I can't see a link anywhere (including the homepage).
When did you buy those 5000 tokens? For getting benefits, you must hold tokens for at least 1 month. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F16%2Fblob9a2b45eb20bdd0f0.jpeg&t=665&c=z0Zu4z8WFQXY8g) Yeh sorry about that people - I bought 5,000 FUN tokens about ten or twelve days back and wasn't really thinking the other day when I posted my query. Anyway, I'm locked in for 5,000 FUN tokens for the foreseeable future. Just a note to @The Quin etc - if there was a "end of the month price" for FUN tokens in satoshis, not dollars and cents, then I'd probably put a wager on, but relying on the price of bitcoin adds an extra layer of complexity (especially if there's a sudden movement in the price of BTC just at the end of the time period).
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STT
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March 12, 2021, 11:52:57 PM |
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Because of the increased spins I get I was getting the 5000 level bonus every day on wins, was getting used to being that lucky though I didnt get it today or yesterday. Also BTC rising so high so fast reduces the figure a bit but I get its the same value payout. Also I tend to spin them one by one unless in a rush, feels like I'm more likely to win :p no captcha is also nice as my random tram spotting skills can be lacking :p
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eule
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March 13, 2021, 01:00:47 PM |
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Sorry if this question has been answered before: I have won some lottery tickets and satoshis on the WOF from the newsletter but they never were credited to my account afaik. Is there a waiting period? edit: 16k posts ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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NABiT
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March 13, 2021, 01:08:29 PM |
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Sorry if this question has been answered before: I have won some lottery tickets and satoshis on the WOF from the newsletter but they never were credited to my account afaik. Is there a waiting period? edit: 16k posts ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Mine seem to be credited instantly, think I sometimes reload the browser. You can see your WOF winnings in your Roll History under Multiply BTC
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eule
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 13, 2021, 01:19:00 PM |
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Mine seem to be credited instantly, think I sometimes reload the browser.
You can see your WOF winnings in your Roll History under Multiply BTC
Thanks for that, apparently I signed up for the newsletter with a different email address, creating a second account that I never used I guess? Wondering how to solve this without being banned... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Edit: Just logged in, Lottery tickets and Satoshis are indeed there. Wondered about that for a long time lol. I'll stop using the other account, please don't ban a loyal user for an honest mistake. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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freebitco.in PR
Copper Member
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freebitco.in Official PR Account
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March 13, 2021, 02:26:57 PM |
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New Bets Added - Bet on Your Favorite Artists This Week!The biggest night in music - the Grammys - is taking place on 15th March. These Grammy bets are LIVE at FreeBitco.in: 1. Best New Artist 2. Record of the Year 3. Album of the Year 4. Song of the Year Wager on artists like Beyonce, The Weeknd, Dua Lipa, and more. 0.3 BTC on the line! Now, let's take a look at this week's football bets. In the Premier League, the fiery North London derby kicks off on Sunday. Arsenal will be looking to gain ground on their rivals with a win, but Tottenham could make it tough for them. Who'll win? Odds: 2.02 on Tottenham to Win, 2.45 on Arsenal to Win, 2.57 on a Draw Milan take on Napoli in the Serie A. Milan are looking to stay in the race with Inter while Napoli makes a push for the top four. What will be the outcome? Odds: 1.97 on AC Milan to Win, 2.81 on Napoli to Win, 2.37 on a Draw. These bets and more are live on the Betting page at FreeBitco.in. Bet now to win a share of the 2+ BTC prize pool! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fsirv.freebitco.in%2F1615645584_TaEgeUgZ.png&t=665&c=3Kpy5dMLRPTvHw)
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babygun
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March 13, 2021, 06:41:55 PM |
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You can see your WOF winnings in your Roll History under Multiply BTC
Ah, didn't notice this, thanks for that! I would create a different subcategorie to see the roll history, but it's already a start. However, you can not see if you won lottery tickets, RP or BTC prize as it only shows the value in satoshi even if you have won RP. Managed to win my biggest win on WOF today! Won 3300 satoshi ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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hosseinimr93
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March 13, 2021, 07:31:52 PM |
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However, you can not see if you won lottery tickets, RP or BTC prize as it only shows the value in satoshi even if you have won RP.
If the number is between 0 and 333,274,986, you have actually won reward point. If the number is 333,274,987 and 666,549,972, you have actually won lottery ticket. Use the table below to find out what prize you won. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fs7tszMB.jpg&t=665&c=-Hd6hiDXL-Ikkg)
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FinneysTrueVision
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March 14, 2021, 01:49:06 AM |
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However, you can not see if you won lottery tickets, RP or BTC prize as it only shows the value in satoshi even if you have won RP.
If the number is between 0 and 333,274,986, you have actually won reward point. If the number is 333,274,987 and 666,549,972, you have actually won lottery ticket. Use the table below to find out what prize you won. https://i.imgur.com/s7tszMB.jpgYou can also check on the Multiply BTC page. For every roll that is listed there is an arrow you can click on and it will give you more detailed information. It will tell you how many lottery tickets or RP you had prior to spinning the wheel and how many you have after you have claimed your spin.
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TheQuin
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March 14, 2021, 02:46:26 AM |
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Sorry if this question has been answered before: I have won some lottery tickets and satoshis on the WOF from the newsletter but they never were credited to my account afaik. Is there a waiting period? edit: 16k posts ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Everything is credited instantly and you can check that they have been credited by looking at your roll history on the multiply BTC page. Click the icon on the left of the spin to display the relevant balances before and after.
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tygeade
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March 14, 2021, 04:12:37 AM |
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For the time being, RP are exchangeable for goods and bonuses with a fixed value (or nearly fixed), that means if RPs are replaced by FUN tokens with the same kind of fixed scale, FUN tokens will get an implied value. 1/10000th of an iPhone XS for example.
Unfortunately I do not have enough money to make this work for me, I would love to have 5000 tokens worth of money but that would be way too much for me, but if anyone has that kind of money I would advise them to buy it because the longer you hold the more money you will be making from other stuff, the benefits of fun token is great. The deal about the fixed rate is that reward points are not always the same, sure there is some changes here and there but "fixed" is not right, look at 25 dollars worth of rp and look at iphone, they are not the same. So, long story short same could happen with fun token, or make it dynamic and change based on price of fun tokens as well? There is already benefits of holding fun tokens, why would it be any different? If we earned fun token from gambling bitcoin, that would definitely be something people would like. At least it has a price.
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jaysabi
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★777Coin.com★ Fun BTC Casino!
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March 14, 2021, 04:38:46 AM |
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I like that you're accounting for lost interest income and needing to make that up. But you can take in WOF rewards into your consideration because someone published the prize table here, so statistically speaking we can come up with I feel a pretty good ballpark figure related to owning FUN. I'll try to find some time to run the numbers and post here for review. I need to find that prize chart that's buried a ton of pages back.
Yes, it seems your post below is the key for finding out if the investment is worthful or not for each investor based on his btc balance. In my calculation I ignored the first year, but good that you counted the *losses* for not having the full bonus (25%) during the investment first's 12 months. Examples of interest lost and gained at 2 and 3 btc onsite:
Years Int. Lost Interest Gained on 2 btc Interest Gained on 3 btc 1.083 .0143 (Some) (Some) 2.083 .0276 .0221 + some .0331 + some 3.083 .0409 .0424 + some .0637 + some 4.083 .0541 .0629 + some .0943 + some
Besides this profit you also have 5840 chances yearly (starting to count after the first year, 365 x 16) to hit something good at the WOF. I believe someone won't hit the minimum prize every roll, so it may boost your earnings. Yeah, there's two things you have to consider. These calculations above only make up the lost interest, so you have to have MORE than 1.3 btc on site to eventually make up the lost interest. Then you also have to recoup the cost of the investment in FUN. That's where WOF comes in. You won't hit the minimum amount every time, but sometimes you're going to hit lottery tickets too, which honestly are worth 0 because you're so unlikely to win. So there are times when your WOF spin, for all practical purposes, translates to 0 gain.
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UserU
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March 14, 2021, 05:51:56 AM |
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Can't wait for the deposits to open tomorrow. Premium, here I come!
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STT
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March 14, 2021, 05:57:33 AM |
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All gambling can result in zero gain, thats the gamble but you had the chance to win alot more and it really didnt cost alot in this case. Whatever cost you put into the calculations you also have to include the sale of FUN at the end also or its not a full circle; so we dont have a solid conclusion but a fair discussion its reasonable to consider. The simplest question or scenario I would state it as is will you be around in one or two years time or will you exit crypto long before that. Consider the price can still half, go back to 20k or whatever bearish scenario will likely occur naturally as market almost always does this. If you still intend to stay even if BTC has a harder time at some point and you will use this site, thats the case where people should consider the buy and hold for the token. Everyone else is a speculator, a bettor who liked the name of the horse and crypto is jam packed with short term speculators, hence why I say resets are natural as there is a froth price and base price in BTC and somehow market tends to touch both bases even while it hits a home run :p and this always appears unlikely beforehand and it does it anyway lots of times now over the years.
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Soonandwaite
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March 14, 2021, 08:02:09 AM |
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because bitcoin has risen so rapidly there is only 0 - 9885 = 0.00000003 BTC . if the bitcoin price continues to rise so rapidly ! when will you only get 0.00000002 BTC ? at 70k or at 80k ? does anyone know ? thx
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NJ89
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March 14, 2021, 10:40:58 AM |
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yessss I finally have 0.01% chance to win the Lambo thing. I've been working towards this so much, I have only bought 3 tickets I think, the rest was earned by playing Multiply. because bitcoin has risen so rapidly there is only 0 - 9885 = 0.00000003 BTC . if the bitcoin price continues to rise so rapidly ! when will you only get 0.00000002 BTC ? at 70k or at 80k ? does anyone know ? thx
It will continue to decrease, but I'm not sure what will/would happen if the price continues to rise after they've edited the faucet to give 1sat. I've seen faucets on other sites give like 1.25sats, which I thought was ridiculous, but it might happen...
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UserU
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 14, 2021, 10:46:02 AM |
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because bitcoin has risen so rapidly there is only 0 - 9885 = 0.00000003 BTC . if the bitcoin price continues to rise so rapidly ! when will you only get 0.00000002 BTC ? at 70k or at 80k ? does anyone know ? thx
No one knows for now since BTC has never reached such price point. But if you were to wager/ bet, then you'd enjoy extra Sats from every claim. Alternatively, spend the RP on the free claim boost.
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