Freebitco.in - FUN Token Investment Experiment

[shield132]

FUN token always had a CEO, the former one was even the soul of the project litteraly : Adriaan Brink, unfortunately he died one year ago in April 2023. He used to be the architect of the new era of FUN token after its evolution from Funfair to the Freebitcoin ecosystem and a visionary leader for its development, that's why the project had been less updated since he started to be really ill IMO.
https://funtoken.io/in-memoriam-adriaan-brink-1963-2023/

Oh, what a pity. I was watching FUN's videos on youtube some days ago.
By the way, does anyone know if Freebitco owns the whole FUN project or not? I thought whole FUN project was owned by them but I read somewhere that FUN is a different team and freebitco only owns some coins.

Only Rollbit Token is performing well. I hope this coin won't experience a sudden crash or it will be very hard to recover.

As long as Rollbit's in business, them tokens shouldn't crash.

It's not that simple, you don't know what happens to their coin if Rollbit experiences a major hack or a major crash and that applies to every centralized coin, not only to Rollbit but Rollbit is the only one that's doing very well compared to others.

[1714666756]

1714666756

[LUCKMCFLY]

<snip>

It is very true, as long as a token is doing everything right and just as they have promised, I think that makes it a safe token and that generates confidence, in fact they are in a very good position because of how the tokens are going and if they continue to make improvements necessary, that will attract the attention of only investors, and if Bitcoin becomes trendy Bulluis what it will do is that much more interest will be generated and at the time that Bitcoin goes up and makes its first correction, that will be the moment where these Rollbit tokens drop in price and that is when you should buy, because when bitcoin continues to rise these tokens are going to rise like foam, but if and only if the price of Bitcoin becomes bullish, that is the most correct way of corporating tokens, and as investors do this, it will make the tokens make a good change at 2x, 3x, even possibly 10x, so this RLB token project does not look bad.

For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.

[dwyane36]

For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.

Well, if you look at the FUN token's chart over time, it definitely has potential during the upcoming alt season, but not as much as other tokens. Personally, I think that once the full-fledged alt season starts and Bitcoin dominance starts to gradually fall, the price of the FUN token could reach at least 5 cents.

[iv4n]

For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.

Well, if you look at the FUN token's chart over time, it definitely has potential during the upcoming alt season, but not as much as other tokens. Personally, I think that once the full-fledged alt season starts and Bitcoin dominance starts to gradually fall, the price of the FUN token could reach at least 5 cents.

I wouldn't say that FUN tokens look good, 5 cents at this BTC price is 70 sats. The FUN token price is 10 sats at the moment. The price of FUN tokens has gone down over the years. A few months ago I asked the question what are the chances that we will see FUN tokens under 10 sats, and here we are the price is 10 sats... so the big question is where is the bottom? Are we really going to see FUN tokens under 10 sats or is this the bottom finally?

[LUCKMCFLY]

For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.

Well, if you look at the FUN token's chart over time, it definitely has potential during the upcoming alt season, but not as much as other tokens. Personally, I think that once the full-fledged alt season starts and Bitcoin dominance starts to gradually fall, the price of the FUN token could reach at least 5 cents.

That is really something that can worry investors, however there are many ways to make these tokens more liquid, if contests are held where they can take advantage of the flow of tokens to make purchases, to make certain expenses, where not only does it have a lot of life within the freebitco.in platforms, perhaps if they give a more focus to daily life, where you make agreements with virtual stores to make purchases, where you can obtain products using Fun tokens, another way is that in the signature campaigns Give an incentive of Fun tokens directly to your Workers, create more marketing on social networks doubly pay with Fun tokens, what you need is for the token to have movement, and now see how the Bitcon market is starting to behave in a pleasant way It's good to take advantage of this moment.

The ideas of good marketing will always be open so that anyone finds it easy, fast and useful to buy fun tokens, and whether to hodl or use them for purchases, I think you can get a benefit from that way, which will increase the interest. res, of course that's just a suggestion of what they can do to make it have more movement.

[Synchronice]

For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.

I was introduced to FUN token in late mid 2023 but I checked the price of FUN token on Coinmarketcap and it looks like these 2022-2023 was a good moment to buy FUN token to deposit it on Freebitco, stake it for a long time to get all the benefits of FUN token and 25% APY on top of that. Besides these benefits, I believe that we already saw the lowest price of this coin and it's going to increase. If this coin is going to the last bull run trend, i.e. the moment when bull run started in 2021, then we should expect this coin to reach more than more than 0.05$ per coin.

[babygun]

For now the FUN token looks good, it doesn't look bad at all, however it is good to still have a Hodl mod because in a possible ATH of Bitcoin this coin can give very good news, so for now or more recommendable is Hodl.

Of course what I say is a simple analysis in general terms, without technical analysis but rather analyzing the current situation of Biticoin and the way things have been developed for the Fun token and the comparison that can be made with respect to the rolbbit token.

Well, if you look at the FUN token's chart over time, it definitely has potential during the upcoming alt season, but not as much as other tokens. Personally, I think that once the full-fledged alt season starts and Bitcoin dominance starts to gradually fall, the price of the FUN token could reach at least 5 cents.

I wouldn't say that FUN tokens look good, 5 cents at this BTC price is 70 sats. The FUN token price is 10 sats at the moment. The price of FUN tokens has gone down over the years. A few months ago I asked the question what are the chances that we will see FUN tokens under 10 sats, and here we are the price is 10 sats... so the big question is where is the bottom? Are we really going to see FUN tokens under 10 sats or is this the bottom finally?

Lets hope it is the buttom but there is also no real incentive why the price for the FUN tokens would go up. If alt season starts, than all coins especially the smaller coins can get a crazy pump and than it can be interesting to cash out some. My average buying price is I think around 60 satoshis so still a long way up.

[Poker Player]

I wouldn't say that FUN tokens look good, 5 cents at this BTC price is 70 sats. The FUN token price is 10 sats at the moment. The price of FUN tokens has gone down over the years. A few months ago I asked the question what are the chances that we will see FUN tokens under 10 sats, and here we are the price is 10 sats... so the big question is where is the bottom? Are we really going to see FUN tokens under 10 sats or is this the bottom finally?

The bottom is 0, as it usually happens with shitcoins.

https://coinmarketcap.com/currencies/funtoken/

If you look at the all-time graph there you will see what the trend is, and it is getting closer and closer to 0. It only had two spikes, at the beginning, as it usually happens with shitcoins, and when freebitco.in announced it was adopting it. Then the trend has been downward. And the only thing that saves it is because it gives some benefits in the site.

[UserU]

And the only thing that saves it is because it gives some benefits in the site.

True that. The saving grace is the Sats (including RPs) they give out from the free spins. Somewhat better than bits and pieces of altcoins.

I've liquidated most of the alts that are no longer serving a purpose since they have fallen from their ATH, might as well just dump them into FUN and consolidate the membership.

[dwyane36]

Lets hope it is the buttom but there is also no real incentive why the price for the FUN tokens would go up. If alt season starts, than all coins especially the smaller coins can get a crazy pump and than it can be interesting to cash out some. My average buying price is I think around 60 satoshis so still a long way up.

Earlier, I assumed the FUN token price could reach 100 sats during the alt season, but now I have doubts about it. To be honest, if I were you, I would consider the average buying price of FUN tokens in fiat equivalent rather than in sats because the market trend is that all altcoins are getting cheaper and will continue to get cheaper against BTC.

[iv4n]

....

The bottom is 0, as it usually happens with shitcoins.

https://coinmarketcap.com/currencies/funtoken/

If you look at the all-time graph there you will see what the trend is, and it is getting closer and closer to 0. It only had two spikes, at the beginning, as it usually happens with shitcoins, and when freebitco.in announced it was adopting it. Then the trend has been downward. And the only thing that saves it is because it gives some benefits in the site.

I checked the all-time graph before commenting and have the same conclusions. Honestly, I expected a bit more from FUN at the beginning, I saw some potential in all the benefits they offer, but I was wrong... All I see in the last couple of years is the FUN token sinking deeper and deeper. I sold most of my FUN (with a huge loss) last year, and I said I would get back into FUN when I see it under 10 sats. But now when that time is close I am not sure if it's a smart thing to do, I guess the benefits from holding FUN are nice, but if the price really sinks to 0 then it's not worth the effort I guess...

[Poker Player]

I checked the all-time graph before commenting and have the same conclusions. Honestly, I expected a bit more from FUN at the beginning, I saw some potential in all the benefits they offer, but I was wrong... All I see in the last couple of years is the FUN token sinking deeper and deeper. I sold most of my FUN (with a huge loss) last year, and I said I would get back into FUN when I see it under 10 sats. But now when that time is close I am not sure if it's a smart thing to do, I guess the benefits from holding FUN are nice, but if the price really sinks to 0 then it's not worth the effort I guess...

I remember that when the site adopted the token the general comment in the forum was that in addition to the benefits that the site gave you it would help the token to appreciate in value. Even I who am not a shitcoins person bought some tokens, but I soon sold them because the price behavior was always worse than that of the Bitcoin.

[babygun]

Lets hope it is the buttom but there is also no real incentive why the price for the FUN tokens would go up. If alt season starts, than all coins especially the smaller coins can get a crazy pump and than it can be interesting to cash out some. My average buying price is I think around 60 satoshis so still a long way up.

Earlier, I assumed the FUN token price could reach 100 sats during the alt season, but now I have doubts about it. To be honest, if I were you, I would consider the average buying price of FUN tokens in fiat equivalent rather than in sats because the market trend is that all altcoins are getting cheaper and will continue to get cheaper against BTC.

Yeah that is also true, but everything I bought was via the freebitco.in site so all coupled against the BTC price. As some other member suggested, even if the FUN token never reaches the same price again as before, you will still end up in profit because of the premium membership if you hold it long enough.

[shield132]

I remember that when the site adopted the token the general comment in the forum was that in addition to the benefits that the site gave you it would help the token to appreciate in value. Even I who am not a shitcoins person bought some tokens, but I soon sold them because the price behavior was always worse than that of the Bitcoin.

You might won't believe but I bought 5000$ worth of FUN tokens and I held them for some months, thank god I sold them before it was too late and got some profit. I bought these coins because they were valued very high in 2017-2018 and I thought since Freebitco acquired them, FUN token would increase in price and go to the moon. I think that this project failed, I was hoping that this coin would rise in this bull run but it's not going as I expected.

As some other member suggested, even if the FUN token never reaches the same price again as before, you will still end up in profit because of the premium membership if you hold it long enough.

If you bought this coin when the price was 0.035 on average, you won't profit, premium membership only gives you 25% APY and it would take years to get 100% of your investment back. The price is also going down, which is making it almost impossible to profit. Your profit with the FUN token depends on the time you bought it and the price during that time.

[BlackBoss_]

You might won't believe but I bought 5000$ worth of FUN tokens and I held them for some months, thank god I sold them before it was too late and got some profit. I bought these coins because they were valued very high in 2017-2018 and I thought since Freebitco acquired them, FUN token would increase in price and go to the moon. I think that this project failed, I was hoping that this coin would rise in this bull run but it's not going as I expected.

If it rises back to its peak in 2021, it will be about x10 from $0.0006, not too bad ROI.

Issue is not sure will the token can make similar rise like in 2021 bull run. I didn't know why this token fell a lot since 2017 and 2018 but my guess will go to its bad tokenomics. Because you are a long time investor in $FUN token, could you share what you know and your opinion on $FUN tokenomics, please.

[STT]

Last I read was the bulk of FUN was purchased at the time of Freebitco taking over the project in the main.  They hold it in reserve and carry out burns of that reserve in proportion to the profits of their sites, presumably it could all be gone if that process were to continue long enough.  Price given by market and value are two different things, people do tend to sell their excess token rather then hold it and some of this excess would be coming from the bulk reserves made available via various promotions so thats the liquidity behind the price graph I guess.

However the overall total of the token is going down so far as I know not up despite the open market price liquidity.  I think there's two different dynamics in play there, its not too unfamiliar for price not to completely describe a situation, its free range and its going to follow popularity etc.   BTC going up alot fits into to people switching into that unit rather vice versa and selling BTC to buy FUN but both are possible at different times I imagine.

[BlackBoss_]

However the overall total of the token is going down so far as I know not up despite the open market price liquidity.  I think there's two different dynamics in play there, its not too unfamiliar for price not to completely describe a situation, its free range and its going to follow popularity etc.   BTC going up alot fits into to people switching into that unit rather vice versa and selling BTC to buy FUN but both are possible at different times I imagine.

Bitcoin leads the market and opens a bull run but in early months of bull run, most of capital in the market will focus on Bitcoin. The capital flow only switches to altcoins when Bitcoin rise is halted and it goes side way, then people will not want to see their capital is inactive and remain the same day by day. It's time for altcoins to receive capital from investors.

Bitcoin is going with its correction and if it stops rising, making new all time high too quickly, capital will flow in altcoins.

In an altcoin season, there will be chance for $FUN token to have good rally.

[babygun]

As some other member suggested, even if the FUN token never reaches the same price again as before, you will still end up in profit because of the premium membership if you hold it long enough.

If you bought this coin when the price was 0.035 on average, you won't profit, premium membership only gives you 25% APY and it would take years to get 100% of your investment back. The price is also going down, which is making it almost impossible to profit. Your profit with the FUN token depends on the time you bought it and the price during that time.

Even if the FUN tokens goes to zero, you can still end up in profit thanks to the benefits of the premium membership. If you have 12.500 FUN tokens than you also get some more interest (which can add up if you have a nice amount stored on freebitco.in), you get some cashback and with the rewards you get from the WOF spins, the investment you made to buy the tokens will be evenly balanced.

[danadc]

As some other member suggested, even if the FUN token never reaches the same price again as before, you will still end up in profit because of the premium membership if you hold it long enough.

If you bought this coin when the price was 0.035 on average, you won't profit, premium membership only gives you 25% APY and it would take years to get 100% of your investment back. The price is also going down, which is making it almost impossible to profit. Your profit with the FUN token depends on the time you bought it and the price during that time.

Even if the FUN tokens goes to zero, you can still end up in profit thanks to the benefits of the premium membership. If you have 12.500 FUN tokens than you also get some more interest (which can add up if you have a nice amount stored on freebitco.in), you get some cashback and with the rewards you get from the WOF spins, the investment you made to buy the tokens will be evenly balanced.

I have thought that FUN tokens are good because they have a long history in the market and that is something that is liked, and when we have many in Hodl mode it doesn't cost anything to keep them there, the bitcoin market is going up, there must be good movies Of the investors to trust in this token, I don't think it will go to zero because it is from freebitco.in and this casino is very Good, it is one of the best ones on the forum, and they have a very good Reputation , This is what helps the most and the players at freebitco.in have a Lifetime and that makes things done well and in the good sense of the market and everything it represents, I think things can be very favorable .

Those who have fun tokens that are sold, but there is Something that they should be clear about, if the fun token does not grow when bitcoin reaches a good bullish rally, then they must sell, or otherwise, those who want to keep those tokens may not That's wrong ,They can have them to have Benefits.

[Poker Player]

You might won't believe but I bought 5000$ worth of FUN tokens and I held them for some months, thank god I sold them before it was too late and got some profit. I bought these coins because they were valued very high in 2017-2018 and I thought since Freebitco acquired them, FUN token would increase in price and go to the moon. I think that this project failed, I was hoping that this coin would rise in this bull run but it's not going as I expected.

Yes, I believe it, because I fell for it too. When the site adopted the token I also bought, but less than you. The fact is that I did not see it clearly because the behavior was starting to be poorer than expected and I also got out with a little profit like you.

If you bought this coin when the price was 0.035 on average, you won't profit, premium membership only gives you 25% APY and it would take years to get 100% of your investment back. The price is also going down, which is making it almost impossible to profit. Your profit with the FUN token depends on the time you bought it and the price during that time.

Exactly. It reminds me of people who buy stocks because they pay a high dividend, which can be an indicator that the company is doing poorly and are so happy to be paid 6% per year for example while the stock loses value at 10% per year.