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[Strongkored]

There is no expert that can accurately predict the bitcoin or crypto price all the time. Yes some people can get lucky with their predictions but I have seen no one who has done it consistently. Yes, bitcoin will also be the "father" of all cryptos but there is also place besides BTC for other coins.

Predicting the price of Bitcoin is almost as difficult as predicting the results of a sports match, and you are right that it is difficult for anyone to consistently predict it correctly every time, for example the person betting on the price of Bitcoin on freebitcoin will be very likely to be able to get a profit by placing bets in several price ranges although in the end only a small profit unless the price of Bitcoin has increased or decreased and in the end of month at range with high odds.

[slaman29]

11 billion has to be compared to the average unit size held by people.   Yea large number but I dont consider a million beyond reason or reach for quite a few users and I bet quite a few are with 10x or 100x the basic tiers.   Take the top tier for premium and divide the total by that and its not a great deal if we weigh it vs the regular player and user base on the website.
  Obviously a ton of people are completely casual and wont buy this token, I myself for years used FBC purely off a browser cookie with BTC growing this much with retrospect it was a slight regret

11bn is 22k top tier holds or 440k 1st tier  holds, contrast some medium of those two to weigh supply and demand imo.   I did not consider the monthly price bet as good value this time and since market is more volatile, even less so now

Let's assume, like most altcoins, that the huge majority of supply is owned by a huge minority. To be optimistic, I'd say 10 billion belongs to 10% (and I'm not even going to consider the owner who probably has most of that majority).

That leaves about 1 billion to be divided among semi-whales (orcas?).

But all your other points completely valid, but long term we might account for new users seeing the long-term FUN value. And a wider distribution eventually, like any coin.

[swogerino]

of course it takes expertise to be able to analyze the market usually experience in crypto for so long can make someone an expert to analyze prices, after all everyone knows that bitcoin is the father of all crypto but sometimes tokens and other crypto always want to replace bitcoin while they are just a child kid and just born yesterday bitcoin has been around for so long that nothing can replace it so everyone has to follow the price of bitcoin because most crypto markets have pairs on BTC

There is no expert that can accurately predict the bitcoin or crypto price all the time. Yes some people can get lucky with their predictions but I have seen no one who has done it consistently. Yes, bitcoin will also be the "father" of all cryptos but there is also place besides BTC for other coins.

It is true that the price of Bitcoin keeps dragging other alt coins most of the time and if we check coinmarketcap,when Bitcoin is in green almost all other alts are in green and when Bitcoin is in red all other alts are in red.This new upside from a couple of days is due to Samsung investing in some ETF securities and opting to use Bitcoin,one of the very few positive news after all the negative that came from big exchanges scamming people and filing for bankruptcy.For the price prediction though no one could have predicted it would have increased except someone who is an insider at Samsung and knew that they would do this move.

[uneng]

11 billion has to be compared to the average unit size held by people.   Yea large number but I dont consider a million beyond reason or reach for quite a few users and I bet quite a few are with 10x or 100x the basic tiers.   Take the top tier for premium and divide the total by that and its not a great deal if we weigh it vs the regular player and user base on the website.
  Obviously a ton of people are completely casual and wont buy this token, I myself for years used FBC purely off a browser cookie with BTC growing this much with retrospect it was a slight regret

11bn is 22k top tier holds or 440k 1st tier  holds, contrast some medium of those two to weigh supply and demand imo.   I did not consider the monthly price bet as good value this time and since market is more volatile, even less so now

Let's assume, like most altcoins, that the huge majority of supply is owned by a huge minority. To be optimistic, I'd say 10 billion belongs to 10% (and I'm not even going to consider the owner who probably has most of that majority).

That leaves about 1 billion to be divided among semi-whales (orcas?).

But all your other points completely valid, but long term we might account for new users seeing the long-term FUN value. And a wider distribution eventually, like any coin.

Well, this is good news, although the burned tokens correspond to 0,16% of total supply. The more they burn tokens, the better for stability and price increasement on long term. Results are quite positive, since the burning rate is increasing each new quadrimester:




Q4 2022 Burn Announcement


Today was the time for the free extra email WoF spin to bring a sweet reward of 5000 lottery tickets. Don't forget to spin yours, it might be your luck day!

[Flexystar]

@uneng, thank for the update. Let us just hope this will bring some good hike to the tokens that we are hodling. For me its over 1.5 years since I am hodling the FUN and enjoying the benefits for same. Well the benefits are actually from the premium membership and freebitcoin's plan of execution yet good to see both working for our benefits.

Now this news is just came out at perfect timing. This will help the stake holder understand that FUN devs are thinking about the plan of actions to make FUN even funnier this year. Hope so the prices will drift above the old price range. Hope to see it climbing above 500-600 satoshi's in no time. :-)

[Saint-loup]

Well, this is good news, although the burned tokens correspond to 0,16% of total supply. The more they burn tokens, the better for stability and price increasement on long term. Results are quite positive, since the burning rate is increasing each new quadrimester:




Q4 2022 Burn Announcement

Those figures are good because they are still rising but as they admit themselves this quarter increase is only "slight" if we compare it to the previous ones. So I really hope we won't see this slow-down again at the next quarter because it would mean that we are starting to reach a limit of the FUN adoption by gamblers. The official roadmap is empty for the coming quarters so except the XFUN wallet integration to Freebitcoin and some marketing campaigns and promotions, I don't really see what will increase the adoption in the coming months.  
https://funtoken.io/funtoken-roadmap/

[virasog]

As we expected, as Bitcoin's price climbs up, FUN token's price falls when compared to BTC, although its price is also rising compared to dollar currency. Today FUN is 34 satoshis, and if the market continues progressing this way, it's likely we are going to see FUN for less than 30 satoshis each. We still have to see where is Bitcoin's roof will be at this time, but what I can say is that once BTC hits its resistance level for now, it must be a good time to acquire FUN for the cheapest possible price, so you can profit by selling it later, once Bitcoin crashes to a previous support level.

However, there is no assurance it will happen, because Bitcoin might be in a continuous route towards a next solid and stable price range, or even a bull run!

Of course, if you bought FUN with bitcoin before, the price might seem to go down because the bitcoin rate increased, so the FUN price also decreased on the BTC pair, fortunately I bought FUN with fiat currency so I'm still profitable because the price increased on the USDT exchange, actually didn't think about the price also I'm more happy with the facilities as a premium member

Now the price of FUN with FIAT shows an 8% increase which is normal considering the recovery of the cryptocurrencies in general following the king,Bitcoin.So I think smart persons bought when it was 0.006-0.0065 as you can buy about more than 3000 of them with just 20 dollars and I think this is worthy to do because I think things are looking great right now for 2023.

Lots of opportunities arise when the prices of cryptocurrencies shows recovery so now is the right time to buy with Bitcoin,as you can buy more with the same amount because FUN is 34 Satoshi from 37-38 while it is better to buy with FIAT when price increases in Bitcoin.

First of all, do not be over excited of this recent bitcoin pump because we are still in bear market and bitcoin is in process of making a lower high. Anyways, during this time the altcoin prices have gone up and we have seen some good spikes in altcoins. If you have bought fun token for short term, you may book the profits and wait for the price to dump again and buy back later.

However, if you are a long term investor, do not sell your FUN tokens now and wait for a proper bull season where you can get a lot more profit.

[Hispo]

-snip-

I don't really see what will increase the adoption in the coming months.  

Is there a chance that the implementation of the wallet precedes some kind of enhanced utility for the token on freebitcoin?
I had followed some casino tokens before, XFUN included but I am afraid I have not been reading much lately, it is good they still have a schedule for token burning, at least. Could help once the bear market ends.

[swogerino]

Finally yesterday I was happy to see someone with over 24 million lottery tickets winning the first prize,I am very happy about this because I have been saying this a lot of times here,the people with the more number of tickets should be in advantage compared to the number of people with low number of tickets and up until now people with the low number of tickets have been taking the first prize here most of the weeks.

I know that it has been explained to me several times why the people with low number have higher chances because they are more in number than those with huge amount of tickets but don't you just love it when some with a huge amount wins the first prize,this to me is an inspiration  .

[slaman29]

Well, this is good news, although the burned tokens correspond to 0,16% of total supply. The more they burn tokens, the better for stability and price increasement on long term. Results are quite positive, since the burning rate is increasing each new quadrimester:

Those figures are good because they are still rising but as they admit themselves this quarter increase is only "slight" if we compare it to the previous ones. So I really hope we won't see this slow-down again at the next quarter because it would mean that we are starting to reach a limit of the FUN adoption by gamblers. The official roadmap is empty for the coming quarters so except the XFUN wallet integration to Freebitcoin and some marketing campaigns and promotions, I don't really see what will increase the adoption in the coming months.  
https://funtoken.io/funtoken-roadmap/

I hate to be a bummer here but I can speak from experience of many, many altcoins that I've held or watched over the years. Burn mechanisms simply don't work as they are expected to. Not on price effect anyway, because the supply is far too big to create this "scarcity effect", which anyway only happens when we deal with limited supply non-premined coins like Bitcoin where new supply is generated at a cost.

You can even burn 10 times the amount they burned (1.6%) and it won't have market effect

[piebeyb]

Finally yesterday I was happy to see someone with over 24 million lottery tickets winning the first prize,I am very happy about this because I have been saying this a lot of times here,the people with the more number of tickets should be in advantage compared to the number of people with low number of tickets and up until now people with the low number of tickets have been taking the first prize here most of the weeks.

I know that it has been explained to me several times why the people with low number have higher chances because they are more in number than those with huge amount of tickets but don't you just love it when some with a huge amount wins the first prize,this to me is an inspiration  .

I think the lottery tickets were drawn fairly, although it is true what you said that so far what we have seen in the first place is always occupied by lottery ticket holders with a small number of lottery ticket owners, now we see it again, owners who have a lot of lottery tickets get in first order, but actually it all comes down to luck

[Betwrong]

Yesterday I won 5,000 lottery tickets with the Wheel of Fortune





Something like this is so rare these days, right? With around 5.5k tickets I was hoping to win something in the LOTTERY ROUND 398, but no, I was unlucky yet again



I think we've got some interesting results for the lottery this time. The guy that took the first place with his 24,494,468 tickets kind of deserved it, don't you think?

Can't say the same about these guys though



Lucky bastards! I wanna be on your place one day.

[SirLancelot]

Understanding the market movements is not an easy task and not everyone can do it. It is important to remember that if you want to make sure that you could make a profit, then you should also realize how the market moves. At first it may look like bitcoin went up and some other token you were holding didn't and this may upset you.

However, if you know the market then you know that bitcoin leads it, meaning it doesn't go up to hurt others, it goes up to lead the others to do the same. Now, is there a chance other tokens may not follow bitcoins movements? Of course it could happen, but there is a greater chance that they will usually follow after a while.

of course it takes expertise to be able to analyze the market usually experience in crypto for so long can make someone an expert to analyze prices, after all everyone knows that bitcoin is the father of all crypto but sometimes tokens and other crypto always want to replace bitcoin while they are just a child kid and just born yesterday bitcoin has been around for so long that nothing can replace it so everyone has to follow the price of bitcoin because most crypto markets have pairs on BTC

Anyone can predict the market even the non-experts and they still can predict it right if they get lucky while there are experts who still can fail no matter what they do. To become an expert is not easy but one must build an adequate experience first. This was still better than having less or no experience at all because it allows us to be familiar on some things pertaining to the crypto market.

Not everyone knows that BTC is the father because if it's true then they shouldn't look for other coins and then they will start on BTC first not in those shitcoins. Those coins who are still new or small are too ambitious if they have plans of replacing Bitcoin. A much older and better coin didn't even have that mindset.

[piebeyb]

Yesterday I won 5,000 lottery tickets with the Wheel of Fortune

I've never gotten this WOF prize other than 5k satoshi, but congrats to you. I hope you're lucky to get a part in next week's lottery, who knows, 5k lottery tickets have more chances than owners of hundreds of tickets.

Lucky bastards! I wanna be on your place one day.

lol they are really lucky to be part of the 10 winners by holding a few lottery tickets and winning the weekly ticket lottery looks like it would be really fun to be one of those 10 winners, hopefully this year I'll be lucky to be one of them 

[pawel7777]

...
Something like this is so rare these days, right? With around 5.5k tickets I was hoping to win something in the LOTTERY ROUND 398, but no, I was unlucky yet again
...

Yup, hitting 5k doesn't happen very often, I've never made it yet, got quite a few of 500 wins though.
Your expectations were set pretty high, with 5k tickets you only had like ~0.025% chance of winning any prize (if my quick calculation is correct).

Can't say the same about these guys though
...

There are thousands of participants with low amount of tickets every week, so it's no surprise that one or few of them will happen to win something in every round.
And it's not like they've won any life-changing amounts. You can probably earn more in your signature campaign with few posts.

Ps. Does anyone knows if we get email notifications when winning any prize in the lottery?

[hosseinimr93]

with 5k tickets you only had like ~0.025% chance of winning any prize (if my quick calculation is correct).

That's not accurate, since it's not possible to win more than 1 prize in the lottery.

Ps. Does anyone knows if we get email notifications when winning any prize in the lottery?

Yes, you should get a notification to your email address if you win the lottery.
Click here to see the post made by TheQuin about this before.

[PawGo]

If you think that some things have changed then you shouldn't wager on that and change your bet to something else. I do agree that 20k+ doesn't look too impossible, but it's better to wait.

For today it looks like we are strong above 20k.If you are brave optimist, you may think about 22.5-25 range, as we already crossed 21k for a few times in the last 2 days.
Look good, maybe we are coming back to >20 price, just like it was before FTX thing.
Me, I now bet 50/50 on both ranges 20+ and 22.5+

[o48o]

Yes, you should get a notification to your email address if you win the lottery.
Click here to see the post made by TheQuin about this before.

So i have to be subscribed to freebitcoin advertisements? I wonder if i would filter it with gmail to notify lottery winnings only? As no one wants to net notifications on daily advertisements and i am not reading every post i get. I am guessing no-one is so it would be almost impossible coincidence for me to end up reading post about my hypothetical lottery winning.

[hosseinimr93]

So i have to be subscribed to freebitcoin advertisements?

If you go to your profile, you see that there are four kinds of subscriptions.
1. Payment notifications
2. Deposit notifications
3. Ad account Notifications
4. Promotions

TheQuin is the only one who can answer this and I am not sure, but I guess for receiving lottery winning notifications, you should need to subscribe for "deposit notifications".

[RealMalatesta]

Finally yesterday I was happy to see someone with over 24 million lottery tickets winning the first prize,I am very happy about this because I have been saying this a lot of times here,the people with the more number of tickets should be in advantage compared to the number of people with low number of tickets and up until now people with the low number of tickets have been taking the first prize here most of the weeks.

I know that it has been explained to me several times why the people with low number have higher chances because they are more in number than those with huge amount of tickets but don't you just love it when some with a huge amount wins the first prize,this to me is an inspiration  .

No? . It doesn't give me any inspiration or anything like that, in fact the people with very little amount of tickets who won give me more motivation because they are like me, I have very little as well and I believe that it has to go that way for sure. In this regard we shouldn't really be focusing on anything quite large because we couldn't afford that to begin with and why would we support something that we couldn't handle ourselves.

Hence, the big winner doesn't really give me any hope about my future, but the ones that have very little do give me hope in the sense that "maybe one day it could be me" sort of feeling even though it's a tiny chance.