PawGo
Legendary
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Activity: 952
Merit: 1372
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March 01, 2022, 09:38:27 PM |
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I bought most of my tokens at +40 sats! When the price started to drop I locked them up for 180 days
Of course we all want FUN price to increase, but you have made the most common mistake! https://www.investors.com/how-to-invest/investors-corner/still-the-no-1-rule-for-stock-investors-always-cut-your-losses-short/It is good that we have an opportunity to lock and save (and gain other bonuses), but I am pretty sure that if you calculate you will see that today you could buy much more tokens than you have locked- keeping btc from coins sale instead of locking. I know that you receive WOFs which gives adrenaline, but… you see my point.
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babygun
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 01, 2022, 10:55:52 PM |
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I wouldn't call that the most common mistake, while it can be good to cut your losses, you always need to analyze every stock/crypto before selling with a loss. It can just be a temporary drawback and the future might be bright. Yes, if you bought right now, you would have gotten a lot more FUN tokens for the same BTC price, but nobody can time the market.
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LUCKMCFLY
Legendary
Online
Activity: 2506
Merit: 1870
Leading Crypto Sports Betting & Casino Platform
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March 02, 2022, 04:03:11 AM |
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What happened yesterday is not the worst in last two years. Do you remember the crash in March 2020 almost immediately after WHO announced the pandemic on media? How did Bitcoin move after that announcement?
Of course, it went to 3k and it took months to go back to 10k. But what started then - incredible rise. I think pandemic was really worldwide event, many people still see Russia-Ukraine war as something local and far away from them - just like it was for 2 months with covid. Ukraine probably will be defeated soon and no one knows what will happen next - there are other Baltic countries which were part of USSR and which could be invaded. Because why not? Yes, negative impacts of events like wars and pandemics on bitcoin aren't always negative. It's true at a first moment it's almost always harmful to bitcoin, but after days, weeks or months, the scenario completely reverses and those events which used to be negative become even positive for bitcoin price increasement. That is an interesting phenomenon that I suppose is related to the search for safe alternatives to protect money value during hard times. Just like happened during the pandemic, I think in a war situation bitcoin has good chances of gaining more value after some months. It showed good value as 400.000 dollars in Bitcoin was donated to a Ukrainian institution which is to help the Ukrainian military in these difficult days.It could not have been done so easily with the banks not so easily accessible during this time,so yes Bitcoin plays a big role as a safe haven when troubled times are ahead us.Bitcoin can gain more value only if the war continues which I highly doubt it as Russia thought it was going to be easy which in fact is showing to be the complete opposite.One thing is sure though Bitcoin shines in difficult times at least the short history of Bitcoin has demonstrated this so far. There is always something that we must take into account in all speculative markets and that is that when fundamentals of this style occur, an environment of great panic is created and this makes the markets fall, eventually in this situation with the problems in Russia and Ukraine It is something that until now has caused a drop in BTC and a constant rise in Gold, so a lot of restraint must be taken in terms of investments, if the problem worsens as it did in 2020 when the pandemic began, it is likely that BTC at any moment will recover and increase much more than when it did in 2020.
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Lucky444
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March 02, 2022, 04:28:54 AM |
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I must be the unluckiest person ever. Tens of thousands of lottery tickets every week and I have never even won 10th place ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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TheQuin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2022, 04:46:50 AM |
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I must be the unluckiest person ever. Tens of thousands of lottery tickets every week and I have never even won 10th place ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Really? You think 10s of thousands out of 150 million not winning is unlucky.
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Lucky444
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March 02, 2022, 04:54:27 AM |
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I must be the unluckiest person ever. Tens of thousands of lottery tickets every week and I have never even won 10th place ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Really? You think 10s of thousands out of 150 million not winning is unlucky. Yes especially if I have had it every week for years and so many winners has very few tickets like a few hundred or even less
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Jemzx00
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2022, 05:03:57 AM |
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I must be the unluckiest person ever. Tens of thousands of lottery tickets every week and I have never even won 10th place ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Really? You think 10s of thousands out of 150 million not winning is unlucky. Yes especially if I have had it every week for years and so many winners has very few tickets like a few hundred or even less Even if you have thousands of tickets every week, your chance of winning the lottery is too slim. Imagine millions of tickets being produced every week and you only have a few thousands on you, how high do you is your percentage of winning? There are even users out there that has more than a hundred thousand of tickets but they only got the less than 6th place. These lottery that they have been doing based on pure luck and it will hard to try and win it even if you try earn as much tickets as you've like.
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| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
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Lucky444
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March 02, 2022, 05:07:20 AM |
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I must be the unluckiest person ever. Tens of thousands of lottery tickets every week and I have never even won 10th place ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Really? You think 10s of thousands out of 150 million not winning is unlucky. Yes especially if I have had it every week for years and so many winners has very few tickets like a few hundred or even less Even if you have thousands of tickets every week, your chance of winning the lottery is too slim. Imagine millions of tickets being produced every week and you only have a few thousands on you, how high do you is your percentage of winning? There are even users out there that has more than a hundred thousand of tickets but they only got the less than 6th place. These lottery that they have been doing based on pure luck and it will hard to try and win it even if you try earn as much tickets as you've like. You did not read my post because I didn't say few thousands. I said tens of thousands. And in my case it's 40000+ every week for over 2 years and I haven't won a single time any place
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Jemzx00
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2022, 05:33:20 AM |
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Even if you have thousands of tickets every week, your chance of winning the lottery is too slim. Imagine millions of tickets being produced every week and you only have a few thousands on you, how high do you is your percentage of winning? There are even users out there that has more than a hundred thousand of tickets but they only got the less than 6th place. These lottery that they have been doing based on pure luck and it will hard to try and win it even if you try earn as much tickets as you've like.
You did not read my post because I didn't say few thousands. I said tens of thousands. And in my case it's 40000+ every week for over 2 years and I haven't won a single time any place Yup, I've read your post correctly and again even if you have more than 40,000 tickets every week, your chance of winning still too slim as this lottery produce more than 100million tickets every week. Here's a simple computation on how high your chance of winning with that amount of tickets every week: [(Your Ticket per Week)/(Total Pool Ticket per Week)]*(100)=(Your chance of winning) (40,000/150,000,000)*100=0.02667%
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Strongkored
Legendary
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Merit: 1112
Vave.com - Crypto Casino
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March 02, 2022, 05:39:40 AM |
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-snip- You did not read my post because I didn't say few thousands. I said tens of thousands. And in my case it's 40000+ every week for over 2 years and I haven't won a single time any place
Freebitcoin has 48Million users signing up if 10% of them are active users you can imagine how many of them who have also definitely never won in this weekly lottery because the odds are so small even though have a lot of lotteries not only thousands, tens of thousands could be millions make nothing, but I'm sure those who have a lot of lottery tickets will not be glued to the lottery because they use this Casino as a place to gambling and getting the lottery is another thing.
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Lucky444
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Activity: 73
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March 02, 2022, 05:42:07 AM |
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Even if you have thousands of tickets every week, your chance of winning the lottery is too slim. Imagine millions of tickets being produced every week and you only have a few thousands on you, how high do you is your percentage of winning? There are even users out there that has more than a hundred thousand of tickets but they only got the less than 6th place. These lottery that they have been doing based on pure luck and it will hard to try and win it even if you try earn as much tickets as you've like.
You did not read my post because I didn't say few thousands. I said tens of thousands. And in my case it's 40000+ every week for over 2 years and I haven't won a single time any place Yup, I've read your post correctly and again even if you have more than 40,000 tickets every week, your chance of winning still too slim as this lottery produce more than 100million tickets every week. Here's a simple computation on how high your chance of winning with that amount of tickets every week: [(Your Ticket per Week)/(Total Pool Ticket per Week)]*(100)=(Your chance of winning) (40,000/150,000,000)*100=0.02667% No you didn't read it because my point was I had it every week for over 2 years. I'm not just talking about last week
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Lucky444
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March 02, 2022, 06:00:52 AM |
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-snip- You did not read my post because I didn't say few thousands. I said tens of thousands. And in my case it's 40000+ every week for over 2 years and I haven't won a single time any place
Freebitcoin has 48Million users signing up if 10% of them are active users you can imagine how many of them who have also definitely never won in this weekly lottery because the odds are so small even though have a lot of lotteries not only thousands, tens of thousands could be millions make nothing, but I'm sure those who have a lot of lottery tickets will not be glued to the lottery because they use this Casino as a place to gambling and getting the lottery is another thing. So many winners with few hundred tickets or less. I wish I was as lucky as them. I remember someone won 1st place once with just 1 ticket
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Jemzx00
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2022, 06:07:51 AM |
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Yup, I've read your post correctly and again even if you have more than 40,000 tickets every week, your chance of winning still too slim as this lottery produce more than 100million tickets every week. Here's a simple computation on how high your chance of winning with that amount of tickets every week: [(Your Ticket per Week)/(Total Pool Ticket per Week)]*(100)=(Your chance of winning) (40,000/150,000,000)*100=0.02667% No you didn't read it because my point was I had it every week for over 2 years. I'm not just talking about last week This will be my last reply to you @Lucky444. Even if youhave that much tickets every week and you've continuously have it for 2 years, your chance of winning of more or less of 0.02667% with that amount of ticket will not change. The lottery is purely based on luck whether you have tons of tickets or just few of them. Also, to end this conversation, yes, you are just unlucky to not win a single lottery for two years even if you have 0.02667% winning rate. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Lucky444
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March 02, 2022, 06:25:19 AM |
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Yup, I've read your post correctly and again even if you have more than 40,000 tickets every week, your chance of winning still too slim as this lottery produce more than 100million tickets every week. Here's a simple computation on how high your chance of winning with that amount of tickets every week: [(Your Ticket per Week)/(Total Pool Ticket per Week)]*(100)=(Your chance of winning) (40,000/150,000,000)*100=0.02667% No you didn't read it because my point was I had it every week for over 2 years. I'm not just talking about last week This will be my last reply to you @Lucky444. Even if youhave that much tickets every week and you've continuously have it for 2 years, your chance of winning of more or less of 0.02667% with that amount of ticket will not change. The lottery is purely based on luck whether you have tons of tickets or just few of them. Also, to end this conversation, yes, you are just unlucky to not win a single lottery for two years even if you have 0.02667% winning rate. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) You don't understand anything so maybe you should stop replying. I'm talking about every lottery for over 2 years combined, not just for any given week. The chances of winning something over 2+ years is not whatever number you calculated which is also probably wrong. But please do stop replying because you don't seem to understand the basic points here
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Lucky444
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March 02, 2022, 06:30:49 AM |
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0.02667% is also completely wrong as it doesn't factor in that there are 10 winners each week, not one
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FanEagle
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March 02, 2022, 06:46:29 AM |
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FB have in the crypto in the early days so whatever bearish market bitcoin or other crypto hits, it won't affect them much. (probably except if bitcoin will reach 10,000 or below). I mean, we're talking to one of the faucet website back when you can really earn some $$ thru faucet and is still running until now. They can sustain themselves financially and they just keep on providing updates and news on their plaform. So yes, we need to patient as they always provide events on the most surprising way.
I am pretty sure they would survive even if bitcoin hits under 10k. It was under 10k just a few years ago, like in march 2020 which is exactly 2 years ago, we had a crash because of pandemic, all the markets in crypto and in business all crashed and yet we didn't see freebitco.in having any trouble and kept going. They have been around here for such a long time that even under 10k wouldn't be a problem for them. I will take it a bit further and say that if it goes under 1k each, they would be obviously upset, but they wouldn't bankrupt or anything, they would continue operations as is without any changes and would still continue to make money.
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swogerino
Legendary
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Play Poker on Telegram
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March 02, 2022, 07:06:41 AM |
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Even if you have thousands of tickets every week, your chance of winning the lottery is too slim. Imagine millions of tickets being produced every week and you only have a few thousands on you, how high do you is your percentage of winning? There are even users out there that has more than a hundred thousand of tickets but they only got the less than 6th place. These lottery that they have been doing based on pure luck and it will hard to try and win it even if you try earn as much tickets as you've like.
You did not read my post because I didn't say few thousands. I said tens of thousands. And in my case it's 40000+ every week for over 2 years and I haven't won a single time any place Yup, I've read your post correctly and again even if you have more than 40,000 tickets every week, your chance of winning still too slim as this lottery produce more than 100million tickets every week. Here's a simple computation on how high your chance of winning with that amount of tickets every week: [(Your Ticket per Week)/(Total Pool Ticket per Week)]*(100)=(Your chance of winning) (40,000/150,000,000)*100=0.02667% No you didn't read it because my point was I had it every week for over 2 years. I'm not just talking about last week I also have had a lot of tickets in the last year usually 13.000 to 50.000 tickets per week as I believed a lot that I will win it one time but it didn't happen.That is why I completely disabled the lottery tickets per roll and instead of them I get Rewards points for the roll.It is extremely difficult to win it as the above calculations already showed so better to stay away from buying tickets and you can spend your satoshis much better,by buying FUN tokens,becoming a premium member or just getting interest over them.
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Lucky444
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March 02, 2022, 07:19:07 AM |
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Even if you have thousands of tickets every week, your chance of winning the lottery is too slim. Imagine millions of tickets being produced every week and you only have a few thousands on you, how high do you is your percentage of winning? There are even users out there that has more than a hundred thousand of tickets but they only got the less than 6th place. These lottery that they have been doing based on pure luck and it will hard to try and win it even if you try earn as much tickets as you've like.
You did not read my post because I didn't say few thousands. I said tens of thousands. And in my case it's 40000+ every week for over 2 years and I haven't won a single time any place Yup, I've read your post correctly and again even if you have more than 40,000 tickets every week, your chance of winning still too slim as this lottery produce more than 100million tickets every week. Here's a simple computation on how high your chance of winning with that amount of tickets every week: [(Your Ticket per Week)/(Total Pool Ticket per Week)]*(100)=(Your chance of winning) (40,000/150,000,000)*100=0.02667% No you didn't read it because my point was I had it every week for over 2 years. I'm not just talking about last week I also have had a lot of tickets in the last year usually 13.000 to 50.000 tickets per week as I believed a lot that I will win it one time but it didn't happen.That is why I completely disabled the lottery tickets per roll and instead of them I get Rewards points for the roll.It is extremely difficult to win it as the above calculations already showed so better to stay away from buying tickets and you can spend your satoshis much better,by buying FUN tokens,becoming a premium member or just getting interest over them. Yes someone that understands thank you !! I've also thought about disabling the lottery as I've had so many tickets that have amounted to nothing thus far. I'm hoping I can win just once though lol I'm in no way saying anything bad about the site or TheQuinn as I'm a long time loyal member and I appreciate everything they do I just think I've been a bit unlucky ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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swogerino
Legendary
Offline
Activity: 3248
Merit: 1243
Play Poker on Telegram
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March 02, 2022, 07:52:17 AM |
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Even if you have thousands of tickets every week, your chance of winning the lottery is too slim. Imagine millions of tickets being produced every week and you only have a few thousands on you, how high do you is your percentage of winning? There are even users out there that has more than a hundred thousand of tickets but they only got the less than 6th place. These lottery that they have been doing based on pure luck and it will hard to try and win it even if you try earn as much tickets as you've like.
You did not read my post because I didn't say few thousands. I said tens of thousands. And in my case it's 40000+ every week for over 2 years and I haven't won a single time any place Yup, I've read your post correctly and again even if you have more than 40,000 tickets every week, your chance of winning still too slim as this lottery produce more than 100million tickets every week. Here's a simple computation on how high your chance of winning with that amount of tickets every week: [(Your Ticket per Week)/(Total Pool Ticket per Week)]*(100)=(Your chance of winning) (40,000/150,000,000)*100=0.02667% No you didn't read it because my point was I had it every week for over 2 years. I'm not just talking about last week I also have had a lot of tickets in the last year usually 13.000 to 50.000 tickets per week as I believed a lot that I will win it one time but it didn't happen.That is why I completely disabled the lottery tickets per roll and instead of them I get Rewards points for the roll.It is extremely difficult to win it as the above calculations already showed so better to stay away from buying tickets and you can spend your satoshis much better,by buying FUN tokens,becoming a premium member or just getting interest over them. Yes someone that understands thank you !! I've also thought about disabling the lottery as I've had so many tickets that have amounted to nothing thus far. I'm hoping I can win just once though lol I'm in no way saying anything bad about the site or TheQuinn as I'm a long time loyal member and I appreciate everything they do I just think I've been a bit unlucky ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Well at least it should come at some form of consolation to you that you are not alone in being that "bit" of unlucky ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .This site is one of the best for investing and I have found out that by using the WoF rolls and collecting the RP faster and using them to buy the Free 1000% Bitcoin bonus can drastically increase your satoshi stash over the long term,this is what I am doing now.You can opt to collect interest over them or use them to buy FUN tokens,I don't know any better alternatives yet to building those satoshis or FUN tokens without investing from your own money.
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Jemzx00
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2022, 08:02:28 AM |
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FB have in the crypto in the early days so whatever bearish market bitcoin or other crypto hits, it won't affect them much. (probably except if bitcoin will reach 10,000 or below). I mean, we're talking to one of the faucet website back when you can really earn some $$ thru faucet and is still running until now. They can sustain themselves financially and they just keep on providing updates and news on their plaform. So yes, we need to patient as they always provide events on the most surprising way.
I am pretty sure they would survive even if bitcoin hits under 10k. It was under 10k just a few years ago, like in march 2020 which is exactly 2 years ago, we had a crash because of pandemic, all the markets in crypto and in business all crashed and yet we didn't see freebitco.in having any trouble and kept going. They have been around here for such a long time that even under 10k wouldn't be a problem for them. I will take it a bit further and say that if it goes under 1k each, they would be obviously upset, but they wouldn't bankrupt or anything, they would continue operations as is without any changes and would still continue to make money. Actually, you are correct. Freebitco.in will survive even if Bitcoin's price will fell below the 10,000$ as they have been in the business where bitcoin is still way way below than that price range. Even if bitcoin's price turn into 1,000$ they'll still be there but I know that they'll be affected by this. However, in case that scenario happens will they also adjust their faucet reward just like before. Anyway, I'm still amazed that one of the most famous faucet sites back then is still running as of today and has various updates and additional features on it.
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