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

[16xypjnxlrew]

I don't think that would be a really bad idea as the maximum prize from the free rolls which is 200 falls extremely rare and in fact I don't know how many people have gotten it.However from a sustainability point of view the Freebitco.in is correct as they offer 200 in Bitcoin whatever the price of Bitcoin be,so if it is 60.000 they will offer you 0.0032 as a Bitcoin reward the equivalent of 200.If the price is like now 23.000 they will give you 0.0086 in Bitcoin which is the equivalent of 200 in Bitcoin.I don't see any flaws here.

Do you see any flaws in the provable fairness system at freebitco.in? Will you join the discussion? https://bitcointalk.org/index.php?topic=5406175.0

[1714893464]

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[PawGo]

I don't think that would be a really bad idea as the maximum prize from the free rolls which is 200 falls extremely rare and in fact I don't know how many people have gotten it.However from a sustainability point of view the Freebitco.in is correct as they offer 200 in Bitcoin whatever the price of Bitcoin be,so if it is 60.000 they will offer you 0.0032 as a Bitcoin reward the equivalent of 200.If the price is like now 23.000 they will give you 0.0086 in Bitcoin which is the equivalent of 200 in Bitcoin.I don't see any flaws here.

Apparently "200" is kind of their trademark. Maybe one day they will change it to "250"? Global inflation etc etc.
By the way it is one more sign that (maybe especially in gambling) everything is at the end compared to FIAT. You may win some satoshis, "free bitcoin", but we will give you equivalent of $200. The same with Golden Tickets. First you have product, you take product's price and then you convert into BTC.
But I assume that's their policy. Otherwise they would say "win 0.01 BTC every hour" or "win 3BTC every few months".

[LTU_btc]

I got email that 360 days lock of FUN tokens just ended. My 7000 tokens turned into 8726. I don't really know what conclusion from it to draw. Through these 360 days I barely followed what's going on with FUN and development of it. So, I don't really knowwhat I should do now. It would be interesting to hear thoughts from other people who had locked their tokens.

Apparently "200" is kind of their trademark. Maybe one day they will change it to "250"? Global inflation etc etc.
By the way it is one more sign that (maybe especially in gambling) everything is at the end compared to FIAT. You may win some satoshis, "free bitcoin", but we will give you equivalent of $200. The same with Golden Tickets. First you have product, you take product's price and then you convert into BTC.
But I assume that's their policy. Otherwise they would say "win 0.01 BTC every hour" or "win 3BTC every few months".

It's good point that $200 already become to be like their trademark. Everyone knows that you can win $200 worth of Bitcoins there. I remember that when I was newbie these $200 looked something very big, like it would be $2000, not $200. Now it doesn't looks something very amazing, especially because of inflation. But still, it would be cool to win it one day - $200 isn't lying on the street usually.

[swogerino]

I got email that 360 days lock of FUN tokens just ended. My 7000 tokens turned into 8726. I don't really know what conclusion from it to draw. Through these 360 days I barely followed what's going on with FUN and development of it. So, I don't really knowwhat I should do now. It would be interesting to hear thoughts from other people who had locked their tokens.

You sure have a rock on patience,I personally don't as I never locked the FUN more than 1 month.There is not much of a conclusion to draw you just got for one year the interest of 1726 FUN which translated into Bitcoin right now is just above 0.0006 Bitcoin,so not a big amount for one year of locking.Personally I sold most of the FUN tokens when they were at 38 Satoshi each and made like 0.02 Bitcoin from them and now I keep this amount of Bitcoin earning me interest daily,it is a bit better this way than to lock the tokens for me.

[16xypjnxlrew]

You sure have a rock on patience,I personally don't as I never locked the FUN more than 1 month.There is not much of a conclusion to draw you just got for one year the interest of 1726 FUN which translated into Bitcoin right now is just above 0.0006 Bitcoin,so not a big amount for one year of locking.Personally I sold most of the FUN tokens when they were at 38 Satoshi each and made like 0.02 Bitcoin from them and now I keep this amount of Bitcoin earning me interest daily,it is a bit better this way than to lock the tokens for me.

Will you open a topic and share your results?

[swogerino]

You sure have a rock on patience,I personally don't as I never locked the FUN more than 1 month.There is not much of a conclusion to draw you just got for one year the interest of 1726 FUN which translated into Bitcoin right now is just above 0.0006 Bitcoin,so not a big amount for one year of locking.Personally I sold most of the FUN tokens when they were at 38 Satoshi each and made like 0.02 Bitcoin from them and now I keep this amount of Bitcoin earning me interest daily,it is a bit better this way than to lock the tokens for me.

Will you open a topic and share your results?

Now I have only 0.014 Bitcoin as I have withdrawn some but I can show you the daily interest here in the pic below,it is better to receive daily interest as with that you can buy right now 5 FUN tokens everyday without the Premium Membership WoF spins,so together with that I usually buy 5-15 FUN daily or use the amount to buy lottery tickets just for fun because I am buying them with interest earned and not spending from my own satoshis.

[so98nn]

However, do not forget that we are talking about something that is special when we look at reward points since they are literally giving away free money. If you end up getting 100k of it that would be able to turn to cash and there is nothing wrong with that, it is literally free money and there is never anything better than free money in the world.

I see it exactly like you wrote. It means that WOF is (for me) worthless only in 1/3 of cases, as I do not have any big hopes that one day I will be in top 10 of lottery winners. Sats are obvious - you receive them instantly, you may spend (on gambling or not ) or keep and collect extra % daily. RPs are like sats, just you must give them time to grow, like plants ;-)

I feel you brother. I am on the same path, I have told myself not to touch that exchange button for RP's because once they are in my account they are either going to be spent on the gambling, lottery tickets or betting. Once I start that I can't control it and its greedy nature of ours to have more and more money. I treat RP as long term investment which I am supposed to cashout only after its worth something. I am not interested in withdrawal of 100K RP's. Meanwhile market will also flourish with the time and once the prices high enough then sweet fruits can be eaten. 

[savetheFORUM]

I see it exactly like you wrote. It means that WOF is (for me) worthless only in 1/3 of cases, as I do not have any big hopes that one day I will be in top 10 of lottery winners. Sats are obvious - you receive them instantly, you may spend (on gambling or not ) or keep and collect extra % daily. RPs are like sats, just you must give them time to grow, like plants ;-)

That's right, I mean just because we are lovers of this place and I would never play exclusively anywhere else because I always come back here and I love it here and have hundreds of affiliates here, doesn't mean that I can't talk about something I dislike here either. Of course there is this single part of it that I do not see how it could be called optimized.

Reward points are like plants for sure and when they reach 100k then you burst them out of their small plants and you plant them to the earth to see them becoming big trees. I personally believe that the best thing to do right now would be collect as many RP as possible, and encash them as soon as possible as well.

That’s true but it does sound like a bit deciding on behalf of other people as well. I personally do not like the rewards that you could get with reward points as well but thequin was very clear about the fact that this is why they put the encashing option as well, they realized that people do not care about rewards long time ago and they do not need to keep that updated constantly or try to offer people more things because people do not care about it.

So, what they are doing is that they are redirecting you to the encashing option, and that 100k is there because what would be the difference between having just satoshi, versus having reward points if it didn't have a goal in the end.

[Strongkored]

I got email that 360 days lock of FUN tokens just ended. My 7000 tokens turned into 8726. I don't really know what conclusion from it to draw. Through these 360 days I barely followed what's going on with FUN and development of it. So, I don't really knowwhat I should do now. It would be interesting to hear thoughts from other people who had locked their tokens.

I will experience it in a few days, 6500 fun will be around 8100 after locking it for 360 days, and I only think of locking it again but with a shorter duration per 30 or 90 days do not want to be left behind if the price has increased quite large to sell it and will return to buy if the price goes back down

[dwyane36]

I will experience it in a few days, 6500 fun will be around 8100 after locking it for 360 days, and I only think of locking it again but with a shorter duration per 30 or 90 days do not want to be left behind if the price has increased quite large to sell it and will return to buy if the price goes back down

I agree with you that locking FUN tokens for short periods is probably the only right decision in the current market situation. As an example, it is worth noting that the FUN token was worth about 3.5 cents in August last year, and now it costs four times less. So if we take that fact into account, then locking FUN tokens for a year doesn't look attractive at all, even despite the APY of 25%.

[UserU]

I will experience it in a few days, 6500 fun will be around 8100 after locking it for 360 days, and I only think of locking it again but with a shorter duration per 30 or 90 days do not want to be left behind if the price has increased quite large to sell it and will return to buy if the price goes back down

I agree with you that locking FUN tokens for short periods is probably the only right decision in the current market situation. As an example, it is worth noting that the FUN token was worth about 3.5 cents in August last year, and now it costs four times less. So if we take that fact into account, then locking FUN tokens for a year doesn't look attractive at all, even despite the APY of 25%.

With the current situation, it's still better than leaving them sitting in the balance. Why not just grow them in the meanwhile?

[PawGo]

I got email that 360 days lock of FUN tokens just ended. My 7000 tokens turned into 8726. I don't really know what conclusion from it to draw. Through these 360 days I barely followed what's going on with FUN and development of it. So, I don't really knowwhat I should do now. It would be interesting to hear thoughts from other people who had locked their tokens.

Do you have already 12500 tokens? If not, I would focus on reaching that level and then think what's next.
It also depends how you use the service, but as you already invested in tokens, I think it makes sense to continue and accumulate them. 12500 starts giving nice benefits.

[iv4n]

I will experience it in a few days, 6500 fun will be around 8100 after locking it for 360 days, and I only think of locking it again but with a shorter duration per 30 or 90 days do not want to be left behind if the price has increased quite large to sell it and will return to buy if the price goes back down

I agree with you that locking FUN tokens for short periods is probably the only right decision in the current market situation. As an example, it is worth noting that the FUN token was worth about 3.5 cents in August last year, and now it costs four times less. So if we take that fact into account, then locking FUN tokens for a year doesn't look attractive at all, even despite the APY of 25%.

With the current situation, it's still better than leaving them sitting in the balance. Why not just grow them in the meanwhile?

I locked +52k FUN tokens for a year in April... the fact is that people who bought at the top are at loss but in the beginning, the WoF wheal was very generous (before the change of chances for winning), so maybe they recovered their loss and they still have other benefits that come with holding FUN tokens, like higher interest on BTC and rakeback when gambling, daily WoF spins (I get 8 now). The timing is everything, my first purchase was at 40 sats, but most of the tokens I bought were under 30.

Why not just grow them... it's what I do, I guess because I believe that FUN is here to stay, and if they continue to develop and add new stuff there will be some progress regarding FUN token price for sure! Just my thinking, time will tell if am I right or not!

[swogerino]

I will experience it in a few days, 6500 fun will be around 8100 after locking it for 360 days, and I only think of locking it again but with a shorter duration per 30 or 90 days do not want to be left behind if the price has increased quite large to sell it and will return to buy if the price goes back down

I agree with you that locking FUN tokens for short periods is probably the only right decision in the current market situation. As an example, it is worth noting that the FUN token was worth about 3.5 cents in August last year, and now it costs four times less. So if we take that fact into account, then locking FUN tokens for a year doesn't look attractive at all, even despite the APY of 25%.

With the current situation, it's still better than leaving them sitting in the balance. Why not just grow them in the meanwhile?

I locked +52k FUN tokens for a year in April... the fact is that people who bought at the top are at loss but in the beginning, the WoF wheal was very generous (before the change of chances for winning), so maybe they recovered their loss and they still have other benefits that come with holding FUN tokens, like higher interest on BTC and rakeback when gambling, daily WoF spins (I get 8 now). The timing is everything, my first purchase was at 40 sats, but most of the tokens I bought were under 30.

Why not just grow them... it's what I do, I guess because I believe that FUN is here to stay, and if they continue to develop and add new stuff there will be some progress regarding FUN token price for sure! Just my thinking, time will tell if am I right or not!

I also believed this but don't believe it anymore.The FUN development has been slow as hell up until now and it is more than one year that the price is less then 0.017 dollars which is an indicator that things are not going as predicted.Now I have sold a majority of them and with the interest I earn from Bitcoin I have started to buy 5-15 FUN tokens daily.I just accumulate them not because I believe much in them but for when I will need money I am going to sell them at whatever price in Satoshi,maybe I have a bit of faith in them after all  otherwise I would just keep the balance in Bitcoin and not keep 2 balances.

[FanEagle]

I personally do not like the rewards that you could get with reward points as well but thequin was very clear about the fact that this is why they put the encashing option as well, they realized that people do not care about rewards long time ago and they do not need to keep that updated constantly or try to offer people more things because people do not care about it.

So, what they are doing is that they are redirecting you to the encashing option, and that 100k is there because what would be the difference between having just satoshi, versus having reward points if it didn't have a goal in the end.

That is fully fine by me, I am doing that and I think almost anyone would do that. Only person that can answer this is thequin, but is there even a single person who would get an iphone from here using their reward points? And if so, when was the last time someone did that? I believe people would encash it loong before they have enough reward points for that, and if there is any person who would get iphone when they reach there, I am 99.999999% sure that they didn't know they could have turned that into bitcoin.

Long story short, I agree that to most people like me, actually to all people here, reward points are just satoshis waiting to be collected.

[virasog]

I will experience it in a few days, 6500 fun will be around 8100 after locking it for 360 days, and I only think of locking it again but with a shorter duration per 30 or 90 days do not want to be left behind if the price has increased quite large to sell it and will return to buy if the price goes back down

I agree with you that locking FUN tokens for short periods is probably the only right decision in the current market situation. As an example, it is worth noting that the FUN token was worth about 3.5 cents in August last year, and now it costs four times less. So if we take that fact into account, then locking FUN tokens for a year doesn't look attractive at all, even despite the APY of 25%.

With the current situation, it's still better than leaving them sitting in the balance. Why not just grow them in the meanwhile?

I locked +52k FUN tokens for a year in April... the fact is that people who bought at the top are at loss but in the beginning, the WoF wheal was very generous (before the change of chances for winning), so maybe they recovered their loss and they still have other benefits that come with holding FUN tokens, like higher interest on BTC and rakeback when gambling, daily WoF spins (I get 8 now). The timing is everything, my first purchase was at 40 sats, but most of the tokens I bought were under 30.

Why not just grow them... it's what I do, I guess because I believe that FUN is here to stay, and if they continue to develop and add new stuff there will be some progress regarding FUN token price for sure! Just my thinking, time will tell if am I right or not!

I also believed this but don't believe it anymore.The FUN development has been slow as hell up until now and it is more than one year that the price is less then 0.017 dollars which is an indicator that things are not going as predicted.Now I have sold a majority of them and with the interest I earn from Bitcoin I have started to buy 5-15 FUN tokens daily.I just accumulate them not because I believe much in them but for when I will need money I am going to sell them at whatever price in Satoshi,maybe I have a bit of faith in them after all  otherwise I would just keep the balance in Bitcoin and not keep 2 balances.

I would suggest not to look at the price of the fun token for the time being. Bitcoin is in bear market and so are all the coins, so seeing the prices will only make you frustrated.

The best thing which you should do at the moment is to hold the fun token and sell them in the next alt season (if you do not believe in the project anymore).

[16xypjnxlrew]

I would suggest not to look at the price of the fun token for the time being. Bitcoin is in bear market and so are all the coins, so seeing the prices will only make you frustrated.

The best thing which you should do at the moment is to hold the fun token and sell them in the next alt season (if you do not believe in the project anymore).

Now bitcoin is not in a bear market, the price of bitcoin has been growing for the second month

[wiss19]

The price of the faucet you get or anything similar doesn't work with just bitcoin, it works with fiat meaning that if the biggest price is always 200 bucks, then whatever the satoshi price of 200 bucks at that moment is, you will get that.

This "could" become a problem in the future when the rewards are not enough, price could be like a few million dollars in the distant future which would make it hard to give anything less than 1 satoshi, either they need to put 9 zeros instead of 8 decimals, which would be hard to do, or they will have to rearrange the whole deal. But that is way way way down the line and not something to worry about right now.

[pawanjain]

I got email that 360 days lock of FUN tokens just ended. My 7000 tokens turned into 8726. I don't really know what conclusion from it to draw. Through these 360 days I barely followed what's going on with FUN and development of it. So, I don't really knowwhat I should do now. It would be interesting to hear thoughts from other people who had locked their tokens.

Wow, that looks good. Even I had received a mail few days back saying that my locked FUN tokens for 360 days will mature next month.
I had locked 2500 FUN tokens which would give me 3116 FUN tokens back by next month.
It feels good to get extra returns on your investment. Although FUN token has gone down in price we can still hold it until it rises back.

[STT]

locking FUN tokens for a year doesn't look attractive at all, even despite the APY of 25%.

My anticipation of liquidity is that when long term locks expire it brings greater supply of the FUN token + this 360 day interest.   Nothing has changed exactly as its just delivery on the contract made a year ago but all the same the market for that price of FUN token now has more available.   In this moment of higher supply vs no greater demand it would allow the price to drop some.    
 Whatever other trend is going on, it might be reasonable to accumulate during this lock expiry of the year contract then consider later if wanting to sell long term or not.  I do think some will sell all, over a year things change and layering in peoples' reaction to BTC retracting in this magnitude is like an echo.

Also I hope BTC goes up and that then puts pressure on FUN I guess.   Not sure on that but my main take is FUN price is longer term then just 1 year, I only just got my full benefits and to get the higher tier also at full one year Im waiting on that too.   Basically I planned for more then just to sell (all) now, I think thats a crowded trade not the best price, I'll trade the edges a bit .  Obviously BTC could do better also which I hope reflects on FUN usage and eventually price too.    Market wants to play me while Im trying to play the market