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/biz/ - Business & Finance


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6504213 No.6504213 [Reply] [Original]

>TFW bought in at .16
Who here getting JUST’d by this? Obviously gonna hodl but fuck.

>> No.6504272

buy MORE now, faggot.

>> No.6504456

HOLD, my fellow funchad. All we need to do is wait till February, then we're golden. Don't worry too much about what price you got it at, we'll be at the moon soon.

>> No.6504502

>>6504213
I really do think this is going to blow up, not only is it a great idea, but technology is getting cheaper and all those old fucks addicted to gambling will prolly be buying into this type of shit

>> No.6504516

>>6504213
Just don't look at the price until the end of the month.

>> No.6504546

>>6504213
Got most of it at .15. I'm not selling

>> No.6504561

You guys aren’t Pajeeting me are you? I’m debating buying another 1k at this dip

>> No.6504598

>>6504561
JFC

know that it can dip a lot further

>> No.6504621

>>6504561
Might not be a bad idea. I will say, though, that there was some chink TA fag on the telegram predicting that it would drop to 600. I was shitting on him last night, but now I'm wondering if he might be right.

>> No.6504627
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6504627

>>6504546
Got in at an average of around 0.08 AUD. 15.3K FUN reporting. I, am not, FUCKING, SEEEELLLIINNNINNNNGGGGG

>> No.6504681
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6504681

>>6504213
>tfw bought another 10k at .13 thinking I was being clever

I'm beginning to think I've been pajeeted

>> No.6504736
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6504736

Bought 10k at 1100 sats
IT BURNS

>> No.6504892
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6504892

>bought 100k @ 0.13 thinking it'd be FUN being a meme

Meh

>> No.6504953

>>6504681
I suspect this as well anon gonna wait to see if it dips further to buy more seems like it has an actual use and a decent team so I thought it was more than a shit coin. Maybe pajeets are getting more clever.

>> No.6504982

Rundown on why you need to chill, DYOR, and just wait:

Feb 8th ICE - being shilled to casinos
Late Q1 - early/mid Q2 - casinos can use the tech

Any other pumps are just a bonus.

If you actually follow marketcap in crypto like a moron and require the maths to add up to buy in, it's a $5B marketcap for $1 FUN. Online gambling is $60B, which doesn't include the online gambling options like CSGO, and it definitely doesn't include the people who refuse to gamble when something isn't provably fair. Gambling (not online) is over $240B in the US /alone/, ie. no Asia.

Remember that ICE has over 15k people on average, and over 8.5k of those are representatives of gaming and gambling companies. Literally all it takes is one major casino to buy in early to get as many coins as possible before they raise in price, and they alone will pump us up to $1. It only takes one small casino + investors who react to the news. It only takes Asians even fucking learning about it. Even $10 is proven achievable with the current marketcap, and when coins start getting burned from being used, it'll be that much easier to hit those kinds of highs.

Casinos also have additional reason to purchase the coin in the form of dividends, as they can loan FUN to other casinos for guaranteed returns through contracts. This means they can buy as much as they want as soon as possible (ie. the second ICE hits us), and they'll never be at risk of being unable to use some of the coins they've purchased for a few years, as they can just loan the excess to other people. Also, I keep saying 'casinos', but literally any random shitter with a bar can now have online gambling as an option with FUN. This is a huge selling point for Asians as well, due to their internet cafes being able to get in on it.

Finally, the team is likely the best team in all of crypto (look up their background), they'll almost double their employees to 50 soon, have connections to casinos, and have no real competitors.

TL;DR Chill out

>> No.6505026

>>6504982
Pink ID for additional additional assurance

>> No.6505057

>>6504213
i bought at 1150 sats its alright, not even that big of a JUST

>>6504681
>>6504953

selling at a loss during a 'crash' is exactly what they want u to do so they can buy the dip even cheaper

>> No.6505085

PRE ICE FIRESALE GOGOGOOGOGO

>> No.6505133
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6505133

>>6504213
JUST H-H-HOLD B-BROTHA

>> No.6505137

>>6505057
I refuse to sell till at least after their conference in feb to see it’s potential.

>> No.6505234

>>6505137

unless BTC doesn't stop dropping a silly conference isn't going to change anything

noone is going to suddenly pour money into one risky altcoin if the whole crypto market is dropping every day

BTW, I am a very large holder of FUN and probably have more at stake here than anyone else on this board

>> No.6505450

>>6505234
Guess I should stock up on ETH then since it’s under 1300 currently

>> No.6505458

>>6505234
>I'm a very large holder
>but I'm too stupid to realize that the entire reason you buy into this coin is because casinos have infinitely more money than any shitty whale putting up sell walls, not even including the investors who are also going to jump onboard upon seeing this
Do you just throw all your money at whatever you see shilled without actually knowing the target audience of the coin you're getting involved with? Or are you just LARPing because you think it ads value to baseless fud?
Casinos literally do not give a shit about marketcaps or the value of a coin going down because of whales accumulating and Korea (and it was purely both of them that put the coin down, as it was an 18 - 19c floor before the fud). The only people who care about either of those are investors.

>> No.6505646

>>6504213
>buy dip
>it dips further
Sales only mean something when the price is expected to go back up.

>> No.6505695

>>6505234
Casinos don't care what price bitcoin is you moron.

>> No.6505716
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6505716

ICE is coming. In February all will be well. Don't panic, don't sell. The casinos are coming.

>> No.6506130

>>6505458
>>6505695
>Casinos don't care what price bitcoin is you moron.

So you the price of Bitcoin doesn't have a huge influence on the entire crypto market? You can see how untrue that statement is by simply opening up your Blockfolio.

What worries me is that we are now putting all our hope into the fact that FunFair is getting a booth at a casino conference. That's it, they are paying for a booth. The only purpose of getting a booth there is to build awareness of their company and product.

That doesn't mean casinos are going to care about it, that doesn't mean any deals are going to be made. Even if they are interested, anything tangible would be very far off into the future. You honestly think that casinos are going to be falling over themselves to buy FUN when most of them don't even know what crypto is, don't know how FUN would actually fit into their business model, or even care as even BTC and ETH gambling still makes up such a small percentage of the gambling market?

>> No.6506531

>>6506130
>bitcoin decides the crypto market
When bitcoin goes down, ETH goes up you retard.

>our hope is they get a booth
They're a major speaker. You're a 'major holder' of a coin you literally haven't even researched lmao. It doesn't even sound like you've actually researched what ICE is, either.

>that doesn't mean casinos are going to care about it
A number of people in the team, not even including the heads of the team, are poached from actual casinos - legitimate jobs at casinos - in favour of this project. Either they knew it would boom, or it's part of a deal between Funfair and the Casino. David Greyling is a good example, whom was taken from William Hill.
Even then, the people behind the team have all been involved in the gambling scene for over 20 years each. Most of them worked at high-tier casinos as senior executives or higher.

The technology is revolutionary on its own. Even if you remove the fact that a team of 50 with most having ties to casinos, and assume that won't have any impact on casinos investing at all for some reason, the technology they offer will save casinos billions in lawsuits, attract more customers than they would have gotten otherwise (people who only joined because it was provably fair, people who couldn't come to the casino in person are now using a specific casino's online version because it uses Funfair - including Asians, whom have more money in circulation for gambling than the US does), and has such insane scaling. It also takes workload off the casino from having to implement their own technology, taking years to develop it, as well as the money required, which they would have inevitably had to do with crypto impacting the world as it is. Casinos that /don't/ get on board with a gambling crypto of some kind will fall behind hard, and Funfair is the uncontested king.

Casinos don't care about the market. They put spend money to make it. Worst case scenario, they sell their holdings in a few years for guaranteed profit.

>> No.6506847
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6506847

>>6504982
THIS THIS THIS THIS THIS YOU FUCKING WEAK HANDED FAGGOTS.

IM ALL IN AT .13 AND .16 AND NOT WORRIED.

>> No.6506955

Does anyone have the copy pasta of what FUN is and why it is good? Not the "Chill" pasta posted above.

>> No.6506998

I bought most of my fun at 9 cents but buying more at 13 now puts me in the red.
I WAS LOYAL FROM THE BEGINNING
I BOUGHT UNDER 10 CENTS
HOW THE FUCK CAN I BE JUSTED RIGHT NOW YOU FUCKING PINK TRAMP
AAAAAAAAAAAHHHHHHHHHHHHH

>> No.6507030

>>6506531
I work in this industry and have been involved for the last 6 years. I'll tell you that there is no talk whatsoever regarding this from the big players. There are plenty of providers with MGA and UKGC licences already. No serious Casino will put any real money in something that only holds a Curacao licence (which has been know for being extremely easy to acquire). Even if there would be real interest the casino industry is valued at around 46bn so no bigger investments will be made. The market is extremely competitive and what bigger companies are looking for are established brands to buy - it's literally the company targets for all the big fish this year...

>> No.6507215

>>6506531
also ICE is a fucking shitshow, booze, coke and ladies in pretty underwear - thats it

>> No.6507219

Been thinking about splitting my initial investment 50/50 between ETH and something more volatile. Do you think FUN is a good choice? Would be putting about $6k USD in each

>> No.6507246

>>6507219
I have 1.1 ETH and 30K FUN

I am not currently having fun. This is not podracing,

>> No.6507270

>>6507030
>Casinos want big brands
>FUN already has one if the best CEOs in crypto history, who has been knighted by the Queen of England, had a hand in Star Fox the video game, has established a few of the most versatile and utilized online gambling sites known to the internet, is genuinely the good guy of business
>the team also consists a high exec from William Hill, argueably the most popular online betting site in the world
>product releases in a month
>some of the beat use for blockchain tech in the past 5 years
>fair to all players, no hidden advantage
>players will flock to this because it is fair and not shady like ETH betting/online casinos
>more games in the works to add onto the wide selection they already have
>implying FUN is going to add to the 46bn and not take they money held by shitty online casinos away

>FUN
>not established
Pick one.

>> No.6507355

>>6507030
>I'm an insider guys trust me

>> No.6507385
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6507385

I'm still having FUN

>> No.6507459

>>6506955
It's not really pasta if I'm the only one who posts it the chill one. I only use it to dispel fud.

Even then, I covered 90% of what FUN is in it, I was just held back by the word limit.

tl;dr
Provably fair gambling, no house advantage
Over 12 playable games (the next biggest gambling coin has 2). It has over 20 in development, whereas most others aren't even aiming for 10.
Not a casino - it's technology the casino adopts and adds their own spin to. Every other gambling coin is an actual casino that adopters have to assimilate themselves into and gives the casinos buying in no freedom.
Uses state channels, meaning that you can pay one (1) initial transaction fee and then you can play all day if you wanted without any fees.
29 team members, which is more than 3x the next highest gambling coin. This will be almost doubled to 50 very soon (with even more planned after), which puts it at 10x the next highest. A number of the members are poached from big casinos (like David Greyling)
The actual team behind it is likely the best team in all of crypto (seriously, look that shit up). They all have connections to casinos, all have been in the gambling/online gambling business for over 20 years
License is pretty much in the bag (only other gambling coins that have licenses are in shitlands that don't let you do anything, anywhere, and anyone could have gotten)
CEO is the guy behind Starfox lmao
Best memes
https://youtu.be/IItTUaRCvDI?t=473 (look at 7:58 lmao, this is some illuminati-level shilling)

>>6507030
>Curacao license
They aren't using a Curacao license, they're getting a UK one, and their connections have basically assured it. Ethbet or Etheroll is the one with Curacao (I forget which had it).

Literally everyone in the team has major connections to casinos and half the members are poached from them.

>casino industry is 46bn
No, that's the online gambling industry, which is based on last year's predictions. The US industry, not including online, is $240B+

>> No.6507578
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6507578

>>6507030
>Curacao

Wat?? Isn't that some other shitcoin? This is straight misinformation. They're trying to get licensed in UK

>> No.6507579
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6507579

>bought 250k at 250sats

doin ok

>> No.6507638

>>6507030
Vegasfag here.

Working in casinos here for 6 years myself I'll tell you they've been looking for new ways to increase revenue. Gambling revenue has dropped over the last decade compared to other sources of income (entertainment, rooms, restaurants, etc) Now I'm not trying to say MGM is going to start using FUN but I'd be surprised if they werent looking into some new tech like blockchain to reduce their costs and reinvent gaming in general. Yes its obviously already provably fair (Nevada Gaming Commission are crazy nazis making sure everything is fair and pays out accordingly) But the sheer cost to run all the games from electricity, buying machines, paying engineers and tech slots to repair, move, replace machines, and the huge rise in poker over the last 20 years are reasons they would be inclined to start looking into new innovations to resurrect their oldest stream of revenue.

Most people only play poker online because its player vs player, as soon as FUN rolls out and is adopted we will see a literal revolution in gaming. People will start playing blackjack, slots, roulette, etc. Its inevitable this change will occur. Just because you havent heard from the big players talk about this to you personally, doesnt mean they arent considering their options.

>> No.6507661

>>6507355
don't trust me and try to tackle my points regarding licensing and what the big casinos have acquired lately. LeoVegas just shot in stock value because two recent purchases of 21 and slotboss. Unibet had storspelare, igame and stan james. Jackpotjoy group had intercasino and the list goes on...UK is extremely saturated and market share is grabbed by buying up brands with established player bases. same thing happend when france came in with local licenses - unibet pulled out and bought eurosport to grab enough market share to make it profitable

>> No.6507701

>>6507459
>>6507030
Held back by word limit

Meant to say that the US gambling industry alone is $240B, which doesn't include the global online gambling industry of "46B", which is, once again, last year's prediction which was taken in the first quarter of the year. When you factor in Asia, Saudi Arabia, etc, the overall gambling industry, not including online, spikes to well over $500B.

You say there's no talk, but there's nothing that is provably fair that's available for the 'big fish' right now, and there's nothing that guarantees they'll have no lawsuits based on fairness. That's the entire point of crypto. Nor do they come with guaranteed returns from loaning coins through contracts. A casino that gets FUN onboard will effectively monopolize the online gambling market solely based on the fact it's fair and has an exorbitant amount of games.

>> No.6507761

>>6507661
Everyone else has already dismantled your points.

>> No.6507876
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6507876

>>6507030
Tfw when you work at an online casino and have been shilling FUN to the company.

See you at ICE.

>> No.6507881

>>6507459
>>6507701
Also forgot to mention that using crypto guarantees that you can cash out your winnings in minutes - hours. Only casinos can currently take weeks at a time to cash out your earnings, and they can even be frozen. This is a big thing for both the casino and the consumer, as it cuts down on manpower needed to process the transactions, and the consumer doesn't get JUSTed while waiting for their money.

>> No.6507922

>>6507876
Based anon.

>> No.6507960
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6507960

>>6507876
Godspeed anon

>> No.6508032

>>6507215
>booze, coke and ladies
>add crypto

You literally just listed three things that are cash crops for degenerates, and you're against adding something new to the menu

>> No.6508034

>>6507030
Addressing your 46bn meme, it doesn't mean much in terms of FUN's price potential:
>casinos will need to buy and hold large amounts of FUN in order to pay out potential wins and jackpots to players (effectively taking a large portion out of the circulating supply unless the casino closes and cashes out)
>tokens will be burned at the end of gaming sessions for at least 2 years, lowering the supply
>investors are buying and holding FUN because they know players will need to buy and will regardless of price in order to play FunFair games short-term
>cryptocurrency market caps don't actually represent the amount of money that flows into the currency
>FUN will likely bring in business from those who have not been interested in online gambling before due to the fear of being scammed and may inspire new casinos to be created due to FunFair's free licensing and ease of use to set up

>> No.6508200

market total in meltdown, not only FUN
just hold or buy at dip

>> No.6508260

>>6508034
i'm not arguing price potential here. What i'm saying is that ICE wont bring any significant investment to FUN this year

>> No.6508267

>>6504456
That’s what you said about January you fucking retard

>> No.6508324

>>6504516
It’ll drop to 2 cents

>> No.6508331

>>6508260
Why aren't you addressing any of the arguments to the contrary?

>> No.6508395
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6508395

15th now
FUN down 25%
kek

>> No.6508409

>>6508267
And it mooned at the beginning of January
>>6508324
Sure thing bud

>> No.6508448
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6508448

I bought most of my FUN at around 0.12. I just wish I could buy more right now but my limits on Coinbase for ETH are low and I'm trying to snap up some other coins too (XMR, DASH, BAT). Oh well. Still holding no matter what the percentage is.

>> No.6508471

Off topic but anyone have the infograph on when to hit/hold in blackjack? It was 3 conditions

>> No.6508689

>>6508395
That was back when it was seeing nothing but moons before the contractions. The product is going to be released soon so you'd be retarded to sell this at a loss.

>> No.6508779
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6508779

>>6508471
This?
I actually got a business card with this chart, only game I'll play at a real casino.
Have it pretty much memorized but I like getting smashed when I play so it's a good failsafe.

>> No.6508867

Bought 21,000 at .02. Comfy as fuck.
Bought 15k req at .12
Bought 10k dbc at .08
Bought 3300 Ada at .02

You guys are slow to buy

>> No.6508929
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6508929

>>6508867
I just started with crypto at the beginning of the month. I wasn't around at .2

>> No.6508969
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6508969

>>6508867
Tell me what to buy now

>> No.6509591

>>6508969
Bazingacoin

>> No.6509649

>>6508779
Is there one for Roulette by any chance?

>> No.6509785

>>6509649
No need for strategy in Roulette. Payouts are equal to odds with 0/00 making the house advantage.

>> No.6510117

having fun yet fags? the market knows you're never getting that licence hahahahhaha

>> No.6510275

>>6510117
Lmao @(You) fella

>> No.6510441

>>6510117
That's not what the 500btc worth of sell walls think
Whales are accumulating for a reason, retard

>> No.6510531

>>6508267
didn't it already do a good enough premoon for hitting low 20 cents?

Everyone has said Feb is the month for FUN not particularly Jan. I've seen a good claim for Jan until EOM when its getting closer to ICE but until Feb 8th don't complain about the price.

>> No.6510617

>literally buying internet funbucks

>> No.6511827

just bought another 2000, been in since 300 sats.

My 25,000 is gonna buy me a nice little Mustang.

>> No.6512214

>>6510441
I'm deeper in fun than I want to be but this board needs to stop seeing everything as manipulation. Sell walls more often than not are just people trying to sell. Weird huh?

>> No.6512324
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6512324

>>6510117
I don't suppose you're having FUN either, m8.

>> No.6512454

>>6512214
Except when it's entire blocks of walls with zero breaks. That's called a whale putting up walls.
There is zero reason for people to have all of their shit trying to sell at 14 - 15c when everyone getting justed right now bought at 19 - 20c. If they're going to sell for a loss so they can panic and grab something else they think will moon, they'd sell it right now, not put up 500btc buy walls.
It is manipulation. Weird, huh?

>> No.6512493

I'm going to drop 500 bucks on this to go along with my 500 in link (that's currently being JUSTed) wew these shitcoins better pay off.

>> No.6512664

>>6507030
>that only holds a Curacao licence
that's EDGELESS you tard

>> No.6512703
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6512703

>>6504213
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH

>> No.6512856

>>6507030
>46 billion

Las Vegas Sands alone is worth more than 46 billion. Where do you get your figures from?

>> No.6513260

>>6508779
>I actually got a business card with this chart, only game I'll play at a real casino.

Literally are you me. I refuse to play any other game but really really enjoy a few hours and some speed at a blackjack table. I feel like I have decent odds depending on the deck

>> No.6513315

literally not worried at 55k fun

>> No.6513446

>>6512493
>shitcoins
>pay off
Lad...

>> No.6513515

>>6512454
That is just people with more money than you picking their exit point and leaving them in place because they aren't babysitting their trades, and don't really have to.

>> No.6513722

>>6513260
Muh nigga, I can spend hours at a table with a couple hundred as my stake. Win or lose, I always have fun. Basic high/low count and that card will get you *almost* even money and the occasional prefect shoe if you know what to look for.

>> No.6513846
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6513846