Mahdirakib
Legendary
Offline
Activity: 2086
Merit: 1046
In Search of Incredible
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June 19, 2021, 03:11:56 PM |
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~snip~ I really can't afford 500k fun tokens, that is just way way out of my league, its 0.27 bitcoins right now for example. However if you are rich enough, let's say you have 100+ bitcoins or so, then doing this is a no-brainer, like who would not do this? Why would you not do this? Its literally FREE MONEY as it gets, it is incredible. ~
It was always 25%. Anyway if you buy 500k Fun tokens then it will give you 1.02% extra interest annually. Normally it is 4.08%. But there is a disadvantages of buying FUN token through bitcoin, FUN token price hasn't increased like BTC. At first each fun token value was above 100 sats at freebitco. But currently it's around 55 sats. If anyone bought FUN token at early stage and still holding it, then he/she lost significant amount for FUN/BTC pair drop. In that case it's not free, you are risking your btc to increase your interest rate.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Strongkored
Legendary
Offline
Activity: 2954
Merit: 1114
Hire Bitcointalk Camp. Manager @ r7promotions.com
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June 19, 2021, 03:15:07 PM |
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Is the minimum deposit of 30,000 Satoshi to participate in the deposit bonus promo is a new rule? I see on the website it is not mentioned as well as the previous post from freebitco.in PR
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pawanjain
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June 19, 2021, 03:58:24 PM |
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~snip~ I really can't afford 500k fun tokens, that is just way way out of my league, its 0.27 bitcoins right now for example. However if you are rich enough, let's say you have 100+ bitcoins or so, then doing this is a no-brainer, like who would not do this? Why would you not do this? Its literally FREE MONEY as it gets, it is incredible. ~
It was always 25%. Anyway if you buy 500k Fun tokens then it will give you 1.02% extra interest annually. Normally it is 4.08%. But there is a disadvantages of buying FUN token through bitcoin, FUN token price hasn't increased like BTC. At first each fun token value was above 100 sats at freebitco. But currently it's around 55 sats. If anyone bought FUN token at early stage and still holding it, then he/she lost significant amount for FUN/BTC pair drop. In that case it's not free, you are risking your btc to increase your interest rate. There's always that risk. This risk is not just with FUN tokens but with any altcoin anyone buys. Over a period if the price of altcoin drops in BTC pair then he would probably lose a significant portion of his gains. I remember seeing FUN token at 120 Sats and I was gonna buy some but I couldn't since I didn't have enough money at that time. Now the price has dropped significantly and there's a good opportunity to buy at such price.
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newwest
Member
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Activity: 686
Merit: 26
★777Coin.com★ Fun BTC Casino!
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June 19, 2021, 04:06:07 PM |
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Its a good new thing which is being introduced like 10 free spins, but the minimum required of 30k satoshi is too high. Instead if something like keeping 3k minimum and 1 free spin on each 3k and multiples would have attracted a lot more users depositing and playing rather than than keeping that high of 30k sats. Because in the end 30k are given 10 free spins and also for each 3k 1 spin results in same free spins after 30k sats.
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Mahdirakib
Legendary
Offline
Activity: 2086
Merit: 1046
In Search of Incredible
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June 19, 2021, 07:16:32 PM |
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~snip~
I bought some FUN token while it was at 123 satoshi and I sold them while it was around 64 satoshi (can't remember the selling price properly). FUN token price dropped more now. So, I would face more loss if I hadn't sold my coin few weeks ago. FUN token don't have utility usage and popularity like bitcoin. In the long term FUN/BTC pair may not do well. That's why I don't prefer to buy this token with BTC pair. <snip>
30k satoshi isn't so high. Freebitco have made the perfect rules here. Have you thought about the fee of deposits? 10 times deposit will have 10× more fee. 30k satoshi deposit requirement to get 10 free spin is reasonable. Perhaps, user have invested dust amount before and freebitco has made this change to reduce those dust attacks.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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RealMalatesta
Legendary
Online
Activity: 2366
Merit: 1137
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June 19, 2021, 07:43:48 PM |
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Most probably some maintenance. It has happened before, close to a year back IIRC.
When there is a maintenance there should be some sort of notification about it as well, that much I do agree with. However if it is a small one that is not a giant change then there isn't a need to notify people at all times, sometimes you just clear some stuff up and that doesn't require anything, it is just few hours at most and then you are back to normal. Freebitco.in however is doing this fun token thing a bit differently than any other place I have seen and that is the thing I was worried, they always make a change on how it is and what you can do etc, and I was hoping maybe there would be some changes on it once again, because the price is not really as high as we hoped. In any other case, reward points seems to be higher than usual, I checked and there is no extra reward point promotion going on, was there a fundamental change or is it my fun token number impacting it? I am not sure but I like it and I hope it keeps up.
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FinneysTrueVision
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June 19, 2021, 09:01:44 PM |
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Is the minimum deposit of 30,000 Satoshi to participate in the deposit bonus promo is a new rule? I see on the website it is not mentioned as well as the previous post from freebitco.in PR
I didn't read that post and deposited under 30k. On the website it says you can deposit any amount. I was still credited with 10 free spins.
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AmoreJaz
Legendary
Offline
Activity: 3276
Merit: 1104
Leading Crypto Sports Betting & Casino Platform
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June 19, 2021, 10:23:50 PM |
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Is the minimum deposit of 30,000 Satoshi to participate in the deposit bonus promo is a new rule? I see on the website it is not mentioned as well as the previous post from freebitco.in PR
I didn't read that post and deposited under 30k. On the website it says you can deposit any amount. I was still credited with 10 free spins. yes, upon checking their deposit tab, it says, no min deposit amount. only the min withdrawal, which is 30k sats. you can also see the above statement regarding deposit bonus. so yeah, you can enjoy those free spins by depositing any amount. that's a nice promo from them. however, wondering what other promo activities are lined up for the Fun tokens?
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hosseinimr93
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June 19, 2021, 10:43:06 PM Last edit: June 20, 2021, 10:45:38 AM by hosseinimr93 |
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you can also see the above statement regarding deposit bonus. so yeah, you can enjoy those free spins by depositing any amount. that's a nice promo from them.
A few minutes ago, I received a promotion email from freebitco. The email also says that they give 10 free spins for any amount of deposit. Below is a part of the message they have sent via email. What displayed on the website and what stated on the email contradict the post made by freebitco.in PR.
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STT
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June 19, 2021, 11:14:04 PM Last edit: June 19, 2021, 11:32:51 PM by STT |
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I noticed similar and immediately thought people will spam if they can, prior the fees were higher likely and it might be a greater risk now. Seems like a reasonable offer considering its not that hard for a 5000 sat or similar prize to come up though you should not expect it and that easily covers most fees. The reason why its not such a bad idea is we already fell into what is close to a reasonable long term buying area. I had the idea a while back that 30 to 20k should it occur would be a value area to buy into rather then have any bias towards selling, so a deposit bonus seems good timing to me. Depends on how you manage your own holding and deposit of BTC vs usage and any gambling etc. Im more biased towards retaining rather then at 65k area it was a nice price to sell even if reluctant to do so. I think we're in a range is my take, hence accumulation is my rough stance though of course I dont know how we proceed Im generally bullish year to year despite the turbulence. I dont mind buying tokens a little every week etc. apprehension in the price makes it cheaper vs hype In that case it's not free, you are risking your btc to increase your interest rate. Everything is a risk, to even get the full benefits is a long term hold and really not everyone will want to be involved that long. The wheel spins are immediate bonus from buying tokens now though, thats changed
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TheQuin
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June 20, 2021, 03:07:31 AM |
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Is the minimum deposit of 30,000 Satoshi to participate in the deposit bonus promo is a new rule? I see on the website it is not mentioned as well as the previous post from freebitco.in PR
Yes. It looks like we need a replacement image on the site. Last time we ran it when fees were lower than before we got a lot of abuse with people breaking their deposits up into dust. Like sending 100,000 sats as 1000 Sats 100 times. It isn't just the free spins they are getting but we also can't spend the dust deposits for less than 20% of the value.
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UserU
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June 20, 2021, 06:13:01 AM |
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Aw, so that's roughly $10 for 10 free spins But I can see why the minimum was raised due to the abuse. Those abusers are likely to win the new iPhone or Rolex than us legit players
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TheQuin
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June 20, 2021, 07:19:33 AM |
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Aw, so that's roughly $10 for 10 free spins Not really. You only have to deposit it which isn't the same as spending it. But I can see why the minimum was raised due to the abuse. Those abusers are likely to win the new iPhone or Rolex than us legit players
I am more concerned about them deconsolidating our wallets. Many were withdrawing usable coin from our hot wallet just to send them back as dust inputs we can't spend cluttering up the deposit wallet.
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Strongkored
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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June 20, 2021, 07:53:50 AM |
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Is the minimum deposit of 30,000 Satoshi to participate in the deposit bonus promo is a new rule? I see on the website it is not mentioned as well as the previous post from freebitco.in PR
Yes. It looks like we need a replacement image on the site. Last time we ran it when fees were lower than before we got a lot of abuse with people breaking their deposits up into dust. Like sending 100,000 sats as 1000 Sats 100 times. It isn't just the free spins they are getting but we also can't spend the dust deposits for less than 20% of the value. Thank you for the explanation, cheaters always try to abuse every promo and take the advantage, I can understand it. This is the first time join this promos and get 10 Freespin smoothly
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Juggy777
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June 20, 2021, 11:17:00 AM |
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Is the minimum deposit of 30,000 Satoshi to participate in the deposit bonus promo is a new rule? I see on the website it is not mentioned as well as the previous post from freebitco.in PR
Yes. It looks like we need a replacement image on the site. Last time we ran it when fees were lower than before we got a lot of abuse with people breaking their deposits up into dust. Like sending 100,000 sats as 1000 Sats 100 times. It isn't just the free spins they are getting but we also can't spend the dust deposits for less than 20% of the value. Thank you for the explanation, cheaters always try to abuse every promo and take the advantage, I can understand it. This is the first time join this promos and get 10 Freespin smoothly Aw, so that's roughly $10 for 10 free spins Not really. You only have to deposit it which isn't the same as spending it. But I can see why the minimum was raised due to the abuse. Those abusers are likely to win the new iPhone or Rolex than us legit players
I am more concerned about them deconsolidating our wallets. Many were withdrawing usable coin from our hot wallet just to send them back as dust inputs we can't spend cluttering up the deposit wallet. I feel these are fair rules and Freebitco needs to eliminate such con guys, hence I support this new change and hope it’ll reduce the fraud happening on the site. @TheQuin maybe a rule could be implemented that below a certain (big limit) you can’t send Freebitco coins back, or only after certain days you can send them back on Freebitco.
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Text
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June 20, 2021, 11:19:55 AM |
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I was finally able to participate in the reactivation of the deposit bonus. Yesterday I was able to start when I saw that there were only around 500+ transactions in mempool so it was quick to confirm yesterday with the cheapest fee. It contributed a lot to my lottery tickets and Rewards points, thank you for this promotions freebitco.in, the best website of crypto.
from 55K+ to 62K+ Reward Points got 13K+ lottery tickets for this round (4 hours left)
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pawanjain
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June 20, 2021, 12:46:00 PM |
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~snip~
I bought some FUN token while it was at 123 satoshi and I sold them while it was around 64 satoshi (can't remember the selling price properly). FUN token price dropped more now. So, I would face more loss if I hadn't sold my coin few weeks ago. FUN token don't have utility usage and popularity like bitcoin. In the long term FUN/BTC pair may not do well. That's why I don't prefer to buy this token with BTC pair. That means you had a loss of almost 50% in BTC pair. Talking about utility, the only case I would buy FUN tokens would be to get the premium services of freebitco.in The number of Wheel of Spins are good for the amount of FUN tokens. Other than this I don't think there's a good use case for FUN tokens to be bought.
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[/tabl
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mindrust
Legendary
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Activity: 3430
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June 20, 2021, 02:02:13 PM |
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Even if you hold fun token without taking into any other factor, you can be sure that Fun token price will increase over the time. There are very few tokens which have a working product which make them valuable. We should hold FUN token only because it is launched by the freebitco. I was about to buy fun token the last time but the transaction fees for bitcoin is expensive. But now I think its already low compared to before. How much is the price of fun currently? Im not updated because of my job, I also missed the daily free spin and free satoshis. According to coinmarketcap FUN is at where it was 4 months ago in Jan/28th. It went from $0.045 to $0.02 in the last 20 days but btc and the other cryptos shared a similar fate so I don't blame FUN specifically. As far as I know FUN's only real world use is freebitco.in so I wouldn't put too much trust in this token compared to Bitcoin which is globally acknowledged. I think the opposite actually. Because what are the planned developments and projects for Bitcoin? What is its roadmap for the coming months and years? The adoption of the Lightning Network has remained at the same point for several years now. Its blockchain technology doesn't evolve anymore and looks older, slower, more costly and more polluting each day compared to the other blockchains. I'm convinced FUN will outperform BTC in the coming months, mark my word. Today FUN is worth 60sats. See you back in one year the May 30th 2022. Any shitcoin can outperform bitcoin in the short term. FUN isn't an exception. I don't need to mark your words. It happened many times before. Shitcoin pump and dump isn't the big news. Will FUN be able to secure its position after the pump though? You talk about tech developments, what development is happening on FUN actually? Does it make sense to bring this when FUN don't even have any development going on?
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dunfida
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June 20, 2021, 04:27:24 PM |
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~snip~
I bought some FUN token while it was at 123 satoshi and I sold them while it was around 64 satoshi (can't remember the selling price properly). FUN token price dropped more now. So, I would face more loss if I hadn't sold my coin few weeks ago. FUN token don't have utility usage and popularity like bitcoin. In the long term FUN/BTC pair may not do well. That's why I don't prefer to buy this token with BTC pair. That means you had a loss of almost 50% in BTC pair. Talking about utility, the only case I would buy FUN tokens would be to get the premium services of freebitco.in The number of Wheel of Spins are good for the amount of FUN tokens. Other than this I don't think there's a good use case for FUN tokens to be bought. I myself is still confused on what purpose does the FUN token but just like you said buying FUN token is to avail their premium services of freebitco.in If FUN token would be useful in the future there might be a potential investors about it and from what I have researched, FUN token was meant for gambling and playing purposes and I have seen a similarity of it to the BNB. Binance coin is definitely making a huge hit ever since it was released to public. FUN token might be useful in the future that would follow what the binance coin did.
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babygun
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June 20, 2021, 05:01:36 PM |
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That means you had a loss of almost 50% in BTC pair. Talking about utility, the only case I would buy FUN tokens would be to get the premium services of freebitco.in The number of Wheel of Spins are good for the amount of FUN tokens. Other than this I don't think there's a good use case for FUN tokens to be bought.
For the moment there is no good use case, but this could change in the near future when they want to launch a new casino using FUN tokens (check their roadmap). I think my average buying price is around 80 satoshis, but I will keep holding these. The WOF spins are too interesting.
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