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

[swogerino]

Is anyone else thinking of selling their FUN tokens now that the price is 36-37 for the sell,I mean the ones who have a large amount of FUN tokens more than 50.000 and who have bought at 21-22 Satoshi for example it is a win of 50000x15 Satoshi which equals in 750.000 Satoshis which is not that bad or do you think it is better to keep these FUN tokens and sell them if Bitcoin price falls even more so we can make like the double of this win at 1.5 million Satoshis.What do you guys think of this?At 0.015 Bitcoin win I would directly sell and buy back when the price falls meanwhile getting some small interest daily.

If you have FUN tokens above 100k, maybe you will consider selling FUN tokens at the current price, especially if you bought FUN tokens at the lowest price. But for now, I choose to continue my staking on freebitco.in because I don't have that many FUN tokens. There is still plenty of time for me to sell FUN tokens in the future. And with staking, I can increase the number of FUN tokens I have.

Personally I prefer to sell FUN once a month, as the interest is generated by locking FUN for 30 days (+10% interest), so I sell the surplus and keep the initial amount always generating new income, while having access to more benefits on the VIP program for FUN holders, the longer tokens are held. I adopted this strategy few days ago, and I'm still testing the results to see how profitable it's going to be.

Most probably I should start doing that,locking the FUN tokens again,I usually do once a month and then I can sell for Satoshis the number of FUN tokens earned from the interest.Now is a good time to try this,for the moment though since I hope the market to crash further (of course only temporarily) I am keeping my 52000 FUN unlocked in order to sell for profit if the price of FUN reaches let's say 50-60 Satoshi.If this doesn't happen I am going to do just that,lock FUN tokens and the amount I earned from staking to sell for Bitcoin.I can always buy back a lot more FUN tokens when the price of FUN falls and Bitcoin price goes up.

[ethereumhunter]

Personally I prefer to sell FUN once a month, as the interest is generated by locking FUN for 30 days (+10% interest), so I sell the surplus and keep the initial amount always generating new income, while having access to more benefits on the VIP program for FUN holders, the longer tokens are held. I adopted this strategy few days ago, and I'm still testing the results to see how profitable it's going to be.

If in a month the price of FUN tokens can go up several levels and you can get a lot of interest from staking FUN tokens, then that is a good way to enjoy your profits and you can still take advantage of staking gains in the following month. But unfortunately, getting a large number of FUN tokens from staking also requires more FUN tokens for us to staking. But whatever strategy you do, always check the price of FUN tokens so that we can benefit.

[TheQuin]

Does anyone noticed huge losses on freebitcoin multiplier?  
Dam I’m not able to win significant amount since yesterday. Is it associated with current bitcoin drop and revenue generation of freebitcoin. Even for the multiplier of 1.01 I lost the bets in row. I’m sure I’m not that unlucky to loose on such least multiplier. It’s really funny since yesterdays. Anyone is getting similar experience.
I understand they have to be in business but everything is getting nuts. Balance is zero now, lolz. No more wagers for me until sites stable.

The most common reason for "losing" multiple 1.01x bets in a row is to wager less than 100 sats meaning your winnings get rounded down to zero sats. If you look at your balances on your roll history you'll see that your balance didn't change after each roll.

Is anybody ever concerned about freebitcoins liquidity and financial situation in a bear market?

I want to preface this by saying I've used freebitcoin for YEARS and never, ever had a problem with them. I've made a substantial amount from referrals and a very nice amount from interest.

However, given the events that are currently unfolding at Celsius (withdrawals paused, insolvency, possibly bankruptcy), does anybody ever wonder how a severe bear market will affect freebitcoins financial situation?

Although unlikely, we might see Bitcoin drop below 10k in the coming months, how would this effect freebitcoins ability to pay it's user. In my head, I think their situation is different, but they also offer 4.08% interest on users balance, not a huge number but certainly not the miserable 1% a commercial bank would give you.

I've had similar thoughts as you over the past few days, but ultimately came to the conclusion that FreeBitcoin would *probably* be fine. If I were to guess, their main revenue stream is from operating casino(s), which traditional CeFi doesn't have. Thus, a lot of their profits depend on how much is wagered, and if you look at the historical data on sites on like bustabit, the total wagered amount in BTC remains fairly stable through bear markets. Their revenues being in BTC would make it easier to pay interest on BTC. FUN token also looks to be doing fairly decent.

(disclamer: this is not financial advice)

The reason that price drops don't affect our liquidity is that the interest we pay is in the same currency. We paid 0.117 BTC in interest yesterday and it doesn't make any difference to us if that's at $20k or $40k because the income is also in BTC. eg if a customer wants to spend $100 buying BTC to gamble with they are going to have twice as much BTC to gamble with now.
 

[A Confused Shoe]

Is anybody ever concerned about freebitcoins liquidity and financial situation in a bear market?

I want to preface this by saying I've used freebitcoin for YEARS and never, ever had a problem with them. I've made a substantial amount from referrals and a very nice amount from interest.

However, given the events that are currently unfolding at Celsius (withdrawals paused, insolvency, possibly bankruptcy), does anybody ever wonder how a severe bear market will affect freebitcoins financial situation?

Although unlikely, we might see Bitcoin drop below 10k in the coming months, how would this effect freebitcoins ability to pay it's user. In my head, I think their situation is different, but they also offer 4.08% interest on users balance, not a huge number but certainly not the miserable 1% a commercial bank would give you.

I've had similar thoughts as you over the past few days, but ultimately came to the conclusion that FreeBitcoin would *probably* be fine. If I were to guess, their main revenue stream is from operating casino(s), which traditional CeFi doesn't have. Thus, a lot of their profits depend on how much is wagered, and if you look at the historical data on sites on like bustabit, the total wagered amount in BTC remains fairly stable through bear markets. Their revenues being in BTC would make it easier to pay interest on BTC. FUN token also looks to be doing fairly decent.

(disclamer: this is not financial advice)

The reason that price drops don't affect our liquidity is that the interest we pay is in the same currency. We paid 0.117 BTC in interest yesterday and it doesn't make any difference to us if that's at $20k or $40k because the income is also in BTC. eg if a customer wants to spend $100 buying BTC to gamble with they are going to have twice as much BTC to gamble with now.
 

Thanks for the response, TheQuin.

I've also been thinking about the stability of freebitco.in over the past few days/week like others here and I guess I've independently come to the same conclusion that it should be ok, for now? I'd be a lot more concerned if freebitco.in was a faucet and interest accruing wallet and nothing else. But over the years since I've been using them they've definitely evolved to become more of a sportsbook (I assume they take some vig even though it's parimutuel betting? not sure) and casino + much more in some ways and I'm not really worried about the fiat and crypto-sportsbooks/casinos becoming insolvent/bankrupt during a bear market so that gives me some solace. I think freebitco.in used to be big into mining as well, but I gather that's stopped at some point or is a much less significant portion of their profits currently? Not sure.

[PawGo]

The most common reason for "losing" multiple 1.01x bets in a row is to wager less than 100 sats meaning your winnings get rounded down to zero sats. If you look at your balances on your roll history you'll see that your balance didn't change after each roll.

Very important remark.
One should check field "WIN PROFIT" to see if it is >0. With small odds and small amount there is possibility that because of rounding you may bet several different amounts and have the same winning - in that case of course it makes sense to bet the smallest possible amount for a given win profit.

[buwaytress]

According to an old post made by TheQuin, each RP value is 3.75% of the base reward.
Since the base reward is $0.002, each RP should worth $0.000075.

Nice find, and yeah, as I thought, this is best SP value you can get for a long time. Makes complete sense to only stockpile and exchange for sats when you can (and it's what I've been doing all the while).

Some price respite early today, Asian trading almost took it back to $23k but think the markets expect another big rate hike in July so we're going to be fighting for dear life...

[PawGo]

According to an old post made by TheQuin, each RP value is 3.75% of the base reward.
Since the base reward is $0.002, each RP should worth $0.000075.

Nice find, and yeah, as I thought, this is best SP value you can get for a long time. Makes complete sense to only stockpile and exchange for sats when you can (and it's what I've been doing all the while).
Some price respite early today, Asian trading almost took it back to $23k but think the markets expect another big rate hike in July so we're going to be fighting for dear life...

Unfortunately yes, the "plan" is that there will be a small price increase, for maybe 1-2 weeks, maybe more, but then we will go down, really seriously. Hard to say if it will be as deep as during corona crisis, but for sure it will be significant.
Anyway, for end on month price betting I think it is still 50/50, so I place my bets for both 15-20 and 20-25 ranges.

[GinnyBanzz]

Thanks Quin, I figured that was the case but always good to have it confirmed. Keep up the great work.

[swogerino]

According to an old post made by TheQuin, each RP value is 3.75% of the base reward.
Since the base reward is $0.002, each RP should worth $0.000075.

Nice find, and yeah, as I thought, this is best SP value you can get for a long time. Makes complete sense to only stockpile and exchange for sats when you can (and it's what I've been doing all the while).
Some price respite early today, Asian trading almost took it back to $23k but think the markets expect another big rate hike in July so we're going to be fighting for dear life...

Unfortunately yes, the "plan" is that there will be a small price increase, for maybe 1-2 weeks, maybe more, but then we will go down, really seriously. Hard to say if it will be as deep as during corona crisis, but for sure it will be significant.
Anyway, for end on month price betting I think it is still 50/50, so I place my bets for both 15-20 and 20-25 ranges.

If that is the case as many expect here then it would be a good idea for people who hold FUN token,to continue to buy further if they have the possibility or to buy a couple of FUN daily from winnings from Premium Membership and wait for that massive crash of price that would entitle us to win quite a lot of Satoshis,in the recovery we can buy back FUN at a much lower price then we will sell.I only hope this prediction come true but I think we will see what everyone do not expect,a huge price recovery.

[Daltonik]

If that is the case as many expect here then it would be a good idea for people who hold FUN token,to continue to buy further if they have the possibility or to buy a couple of FUN daily from winnings from Premium Membership and wait for that massive crash of price that would entitle us to win quite a lot of Satoshis,in the recovery we can buy back FUN at a much lower price then we will sell.I only hope this prediction come true but I think we will see what everyone do not expect,a huge price recovery.

I also started buying FUN tokens using winnings from free spins and multiply, but I think that I am very far from the necessary 2,472 FUN to get the opportunity to daily 4 free spins WOF, sometimes I just don't go to the site for a few days, it would be easier to make a deposit and just immediately buy the required amount of FUN.

[dwyane36]

Unfortunately yes, the "plan" is that there will be a small price increase, for maybe 1-2 weeks, maybe more, but then we will go down, really seriously. Hard to say if it will be as deep as during corona crisis, but for sure it will be significant.
Anyway, for end on month price betting I think it is still 50/50, so I place my bets for both 15-20 and 20-25 ranges.

There is strong volatility in the market, considering that bitcoin was dumped from $30k to $20k in just 6 days. Of course, the BTC price can stay in the $20-25k range for a long time. However, if the support at $20k is broken, then there will be a possibility that the BTC price could drop as low as $11-13k. Therefore it will be pretty hard to predict the correct range of BTC price, and I wouldn't place any bets this month.

[Mahdirakib]

I also remember that time but I think it dates back from 2018; the highest I have known it was 1 RP equalled 2 satoshis. So unless the BTC price keeps crashing and would stabilize at around 5000$ or lower, I doubt the ratio RP to satoshi will be changed.

Reward points feature was implemented in the August of 2016. The price of Bitcoin was around $600 during then. As a result, the exchange rate of RP to BTC was high. 1 reward point was equivalent to 13 satoshi at the moment. The chance is almost zero to see bitcoin price at that level again. Perhaps, Bitcoin price isn't going to decrease so much that 1 RP will be more than 1 satoshi.

[babygun]

I also started buying FUN tokens using winnings from free spins and multiply, but I think that I am very far from the necessary 2,472 FUN to get the opportunity to daily 4 free spins WOF, sometimes I just don't go to the site for a few days, it would be easier to make a deposit and just immediately buy the required amount of FUN.

That is indeed the best option! You could also buy FUN tokens on Binance but the fees are ridiculous high, so it is always better to deposit on freebitco.in and buying them there. I bought in the beginning when they were 100 satoshis and kept buying when the price dropped, so I hope to see a massive rebound of the FUN token price soon also!

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[PawGo]

There is strong volatility in the market, considering that bitcoin was dumped from $30k to $20k in just 6 days. Of course, the BTC price can stay in the $20-25k range for a long time. However, if the support at $20k is broken, then there will be a possibility that the BTC price could drop as low as $11-13k. Therefore it will be pretty hard to predict the correct range of BTC price, and I wouldn't place any bets this month.

That's true, but after initial "shock" I do not expect any other bigger change. At the end, the change should be measured by %, not by value, no? Now, even if price goes down 25%, we are still in the 15-20 range, so I think betting on both (15-20 and 20-25 which now leads the ranking) is quite safe.

[noormcs5]

If that is the case as many expect here then it would be a good idea for people who hold FUN token,to continue to buy further if they have the possibility or to buy a couple of FUN daily from winnings from Premium Membership and wait for that massive crash of price that would entitle us to win quite a lot of Satoshis,in the recovery we can buy back FUN at a much lower price then we will sell.I only hope this prediction come true but I think we will see what everyone do not expect,a huge price recovery.

I also started buying FUN tokens using winnings from free spins and multiply, but I think that I am very far from the necessary 2,472 FUN to get the opportunity to daily 4 free spins WOF, sometimes I just don't go to the site for a few days, it would be easier to make a deposit and just immediately buy the required amount of FUN.

It will take a whole lot of time if you try to accumulate the fun tokens through free spins.
Due to the overall dump in the crypto market, the price of the fun token is also very undervalued now. You can buy the required amount of fun tokens at these cheap prices and rest assured that your investment in this token at the current prices will be very fruitful. You will not regret this investment for sure.

[PawGo]

It will take a whole lot of time if you try to accumulate the fun tokens through free spins.
Due to the overall dump in the crypto market, the price of the fun token is also very undervalued now. You can buy the required amount of fun tokens at these cheap prices and rest assured that your investment in this token at the current prices will be very fruitful. You will not regret this investment for sure.

"Undervalued" maybe if you talk about FUN/USD ratio, unfortunately dump of Bitcoin price increased FUN/BTC ratio a lot, 50%. Not so long time ago tokens costed 21sats and 27sats just before the crash. Honestly speaking I do not feel the current price attractive enough to make any serious transaction.

[swogerino]

If that is the case as many expect here then it would be a good idea for people who hold FUN token,to continue to buy further if they have the possibility or to buy a couple of FUN daily from winnings from Premium Membership and wait for that massive crash of price that would entitle us to win quite a lot of Satoshis,in the recovery we can buy back FUN at a much lower price then we will sell.I only hope this prediction come true but I think we will see what everyone do not expect,a huge price recovery.

I also started buying FUN tokens using winnings from free spins and multiply, but I think that I am very far from the necessary 2,472 FUN to get the opportunity to daily 4 free spins WOF, sometimes I just don't go to the site for a few days, it would be easier to make a deposit and just immediately buy the required amount of FUN.

It will take a whole lot of time if you try to accumulate the fun tokens through free spins.
Due to the overall dump in the crypto market, the price of the fun token is also very undervalued now. You can buy the required amount of fun tokens at these cheap prices and rest assured that your investment in this token at the current prices will be very fruitful. You will not regret this investment for sure.

We are talking about people who are already owning a big amount of FUN tokens and even if they don't buy more but just keep accumulating like 5-20 FUN daily because of their free WoF spins it can make a difference in the overall number of FUN owned.If Bitcoin hits another bottom which is highly unlikely to like 9000 dollars then the value of FUN in Bitcoin will be much higher than it is now,so that is the time we are all waiting to sell and get much more Bitcoin then if we were to sell today,that is the core philosophy of what can make us money by trading our FUN tokens.

[Betwrong]

~

~
Hamilton couldn't win any races because of this, and would probably not win unless something unexpected happens. This is also why he is behind George as well, because each race there is something new they are testing on Hamilton's car.

This what you are counting on when betting with 18.22 outcome odds, that something unexpected happens, right? Well, it didn't, and Max Verstappen won the Azerbaijan Grand Prix. As I said earlier, he was my second favorite to bet on, and if I'd placed on him the same bet amount as on Lewis Hamilton, I'd get even! Really not sure why didn't I do that.

As a consolation I won 2 second bottom prizes on FREE BTC yesterday:



Two in one day! Never happened to me before.

[buwaytress]

Unfortunately yes, the "plan" is that there will be a small price increase, for maybe 1-2 weeks, maybe more, but then we will go down, really seriously. Hard to say if it will be as deep as during corona crisis, but for sure it will be significant.
Anyway, for end on month price betting I think it is still 50/50, so I place my bets for both 15-20 and 20-25 ranges.

If that is the case as many expect here then it would be a good idea for people who hold FUN token,to continue to buy further if they have the possibility or to buy a couple of FUN daily from winnings from Premium Membership and wait for that massive crash of price that would entitle us to win quite a lot of Satoshis,in the recovery we can buy back FUN at a much lower price then we will sell.I only hope this prediction come true but I think we will see what everyone do not expect,a huge price recovery.

If it's any comfort, for the first time in a really long time, most of the "expert analyses" I get shoved into my face by Google are actually saying the crash hasn't arrived. It'll get worse, and much worse and much faster than anyone expects.

Now when that happens, I like it, because we all got here today (and every other crash) usually when everyone's laying it on thick about how much Bitcoin will be and which ATH it'll break.

So now that the majority's proper heartbroken, maybe we get an unexpected rally and safety zone.

(Ha, we can dream)