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/biz/ - Business & Finance


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6624491 No.6624491 [Reply] [Original]

Can we just talk about how absolutely shitty this token is? There have been shills fucking everywhere on this board lately, and I'm here to give you a dose of common sense.

Blockchain is not needed in the gambling world. Provably fair online games have existed for a very long time without on chain games. Every casino that exists will prefer other 3rd party games due to their cheapness and ease of use. Funfair is a retarded concept, and if you're holding it and not just trying to ride short term pumps, you're retarded too.

>> No.6624523
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6624523

weak FUD

>> No.6624563

>>6624491
Today OP was nigger faggot

>> No.6624644

>>6624491
Not very fun tbqh

>> No.6624663

can't believe i didn't sell this shit at 1300 sats

got in at 500 sold half at 1k but bought into the fomo and told myself i would hold the other half for one year...now i'm stuck with bags...

i always thought this coin was complete shit nobody is going to lease out this tech and actually use it but the fomo was so strong watching this pump 3x in a few weeks and now i'm paying for my greed

>> No.6624750

>>6624491
kys pajeet, enjoy your ETHbet bags

>> No.6624837

>>6624523
>>6624563
>>6624750
Sorry for actually discussing your bags. Ethbet is a shitcoin too, no disguising that.
>>6624663
Sorry to hear that, although you may get lucky with another pump. This market has always been irrational, just don't kid yourself into thinking it's a good long term hold.

>> No.6624877

very unFUNny and i love it! also, inclined to agree about the constant shilling, they are ramming it down the throats of unsuspecting faggots.

>> No.6624930

>>6624491
Yeah just use ETH. Didn't you see how well the cryptokitties """"""game""""" worked. So fast!

>> No.6625004

>>6624930
They solved the speed problem you fucking moron, at least read the white paper before FUDing

>> No.6625006
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6625006

>> No.6625070
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6625070

>>6624491
>Blockchain is not needed in the gambling world

>> No.6625101
File: 351 KB, 1000x1000, funuganda.png [View same] [iqdb] [saucenao] [google]
6625101

>>6624491

>> No.6625108

>>6624930
>>6625004
It's just a damn eth token. And the speed is solved by not using the blockchain for games, and using traditional provably fair methods like every other friggen 3rd party provider has for th epast decade. Fun is just monopoly money they're trying to force down casino's throats, which is just gonna make them look elsewhere.

>> No.6625122

>>6624491
I like when idiots who know Jack shit about what they are complaining about post on this board.

I mean, you're only doing this for attention because you're such a fucking social reject in the real world.

6/10 bait made me post.

>> No.6625130

>>6624491
True. You don’t need blockchain for random number events. These are just a glorified casino chip. Essentially useless online as the only purpose they have in real life is making it so you don’t have to carry around cash. Online the currency is digital so there is no need. FUN is a load of bollocks.

>> No.6625173

>>6625004
What speed problem... lol. Load of bollocks.

>> No.6625209

>>6624491
I honestly thought this was common sense. This token is a joke lmao

>> No.6625306

>>6625108
>and using traditional provably fair methods like every other friggen 3rd party provider

What are those methods?
Take your time. I will wait.

>> No.6625404

>>6625306
>>6625108

you mean this?
https://funfair.io/state-channels-in-disguise/

>> No.6625413

>>6624491
Hey FUN chads, can any of you explain me the whole thing about using gamgbling as a tax writeoff?

>> No.6625443

This is a true shitcoin, fuckoff shillers
If it wasn't a shitcoin let me think for a second.... maybe it would be worth more!
All coins worth their fucking ass get pumped at some point and stay there!. THis coin is a gamblers coin, up down up down up down

That is all it does, how do you mongs not notice that. Cardano which is VAPORWARE right now is #5 on the board. Let that sink in a while, but because it is promising people want it. This coin is not promising

Now pump this piece of shit so i can dump my bags you morons.... i cannot believe people go all in on this. 10% of your portfolio is understandable.... all in means you are literally beyond stupid.

>> No.6625501

>>6625209
>this token is a joke!

>buys TRX, Cardano and Verge

>> No.6625545

>>6625404


Fellow funChad, I was replying to a poster that claimed FUN was monopoly money since there were already traditional methods in place to enforce provable fairness

>> No.6625585

>>6624491
>Provably fair online games have existed for a very long time without on chain games
lolno

>> No.6625591

>>6625306
Read up buttercup: https://bitcointalk.org/index.php?topic=161236.0
Its been an industry standard for a while now, and the fact that you had no idea about it shows how uneducated most fun holders really are.

>> No.6625636

>>6625585
see above. Jesus christ how are you people invested without knowing this basic shit.

>> No.6625643

Who gives a fuck its only .10c right now.


I'll spend $10 for some dank memes with the boys

>> No.6625648

dumb op. fun also provide casinos a cheaper alternative to 3rd party gaming software, of course casinos will implement FUN!

retard fudster

>> No.6625687

>didn't buy on the dip

Missed some easy gains OP

>> No.6625723
File: 311 KB, 796x807, funboi.png [View same] [iqdb] [saucenao] [google]
6625723

You seem mad

>> No.6625769

>>6625443
Fuck off. Im a multi millionaire and I spent $500K going all in. If youre not going to sit down and have FUN with the boys you can get assbanged by Tyroshawn

>> No.6625943

>>6625591

You're dumb as fuck OP. Of course provably fair games already exist. What FUN is doing is to promote mass adoption of online gambling by creating a brand that consumers will KNOW is provably fair. Blockchain technology guarantees that, and it's a simple concept for people to understand. While other provably fair games exist, do you think consumers have any understanding at all about them? Nope.

Perhaps more importantly, FUN adds to this by making it easy for literally anyone to host games. The games are HTML based for easy use in browsers. The set up is extremely simple and can be done within two steps. It's simple for operators to customize the games as well.

The whole point of FUN is that it makes online gambling extremely accessible, not just for players but ALSO FOR THE OPERATORS. There is a solid chance that FUN will increase the proliferation of online gambling worldwide as more and more average people with relatively little technical expertise become able to operate online casinos.

THAT's the point of this product that you faggots with no business sense don't understand. What a bunch of retards you lot are. You guys don't even have a fundamental understanding of this product is trying to do.

>> No.6626023

>>6625943

>> No.6626036

>who needs cryptocurrency, banks have existed for hundreds of years!

>> No.6626249

>>6625943
Been saying this, all the old fucks who are addicted to gambling + technology getting cheaper and more accessible = perfect opportunity for this type of shit

>> No.6626253

>>6625443
>THis coin is a gamblers coin, up down up down up down
It was at a stable .16-.20 before the korean FUD.
>>6625108
>3rd party provider
That shit costs money than just using FUN. Anybody will be able to make a game that works with FUN, casinos won't have to pay shit.

>> No.6626380

>>6625943
I understand the product entirely, which is why I know its a veritfiably retarded investment.

People already KNOW if their site is provably fair or not. I don't understand this argument at all, it's not like fun is going to change anything here. Also lol at blockchain is simple technology, I can't believe you're actually using that as an argument. Literally modern online casino game is provably fair, consumers know this, Fun isn't changing anything. First paragraph = retarded.

Second paragraph also = retarded. Guess what fucktard, its easy as hell to implement literally every other 3rd party game as well, this isn't exclusive to fun. Also, other 3rd party providers don't require the casino to integrate a fucking cryptocurrency wallet into their site. Jesus why would anyone ever choose funfair.

Your third paragraph is the most astounding peice of autism about your whole post, however. FUN is doing nothing but unnecisarily complicating things for casino owners. It's already simple to install 3rd party games, how do you not understand this. The main obstacle to owning casinos is the liscensing, not choosing a fucking 3rd party provider you absolute retard.

>> No.6626432
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6626432

>My reaction at the absolute idiocy of this board

>> No.6626471

>>6626432
See you when FUN hits $0.50-$1 in February

>> No.6626524

>>6626432
kekekek

I just want funfags to buy my bags already. I'll give them it for 20 cents a pop. Since these goofs think it'll easily hit 50 cents to a dollar.

>> No.6626526

>>6626471
Please I would love to hear an argument as to why this coin should reach billion dollar market cap that I haven't already refuted

>> No.6626569
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6626569

>>6625006
kek

>> No.6626598

>>6626249

FUN does two things:

1. It gives customers 100% confidence that any online casino that uses the FunFair platform is legitimate.

2. It makes it easy for anyone to set up and operate an online casino, top to bottom, from anywhere in the world.

Now consider the fact that gambling is immensely popular around the world.

And also consider the fact that many people around the world have difficulty accessing trustworthy gambling providers, both online and offline.

This means that FunFair has a huge potential to fill that void. Whether legitimate or underground, people are going to want to use the FunFair platform because of the simplicity and legitimacy it offers, both for users and operators.

Learn how to think critically you dumbfucks.

>> No.6626601

>>6624491
bought some, made some gains, got out, its been going sideways more than stellar lumens

>> No.6626602

Do people even know unfair gambling is illegal in most countries?

Fun solves a problem that doesn't exist.

>> No.6626614

>>6624491
And yet casinos lose millions every year from manipulated and fraudulent credit charges. Fun or any of its variants will solve this. They don't care about being credible, they just want their money.

>> No.6626618

>>6624491
as long as they can partner with 1 real casino it'll moon. worth holding a little desu

>> No.6626641

>>6626380
>Literally modern online casino game is provably fair, consumers know this,

They aren't and consumers know that they aren't. Because some website has a stamp in the corner that says "Verified Fair!" it makes it fair? Who's doing the auditing to ensure fairness?

> Also, other 3rd party providers don't require the casino to integrate a fucking cryptocurrency wallet into their site. Jesus why would anyone ever choose funfair.

Lower fees. Unlocks a new market of people who wan't provably fair games. People want to gamble with crypto. The games are on par with any other 3rd party games.

If you don't believe there's a demand for on-chain provably fair gambling then you're a fucking idiot and you can fuck off right back to Bovada.

>> No.6626729

>>6624491
>Every casino that exists will prefer other 3rd party games due to their cheapness and ease of use
Funfair is cheaper than any other 3rd party solution

>> No.6626829

>>6626598
AHHHHHH JESUS READ THE OTHER POSTS
PROVABLY FAIR CASINOS ARE ALL OVER
ANYONE CAN EASILY SET UP ANY OTHER 3RD PARTY PROVIDER AS WELL

FUN IS NOT SPECIAL, ITS JUST EXTRA COMPLICATED

JESUS

>>6626641
YOU HAVE NO KNOWLEDGE OF THE ONLINE CASINO WORLD. THE CASINO SHOWS THE SECRET HASH AND USER SEED ANYONE CAN SEE IT GOD DAMN. ALSO FUCKING CASINO REVIEW SITES ARE A THING YOU MORON

THERES NO DEMAND FOR ON CHAIN GAMBLING BECAUSE GAMBLERS DONT CARE. THERES NO DIFFERENCE WHETHER THE BACKROUND PROCESS IS REGULAR SHIT OR CRYPTO BS BECAUSE THE USER NEVER SEES IT

AHHHHHHHH

>> No.6626856
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6626856

>>6626829
stay mad

triggered faggot

>> No.6626867

>>6626729
Cite some goddamn motherfucking sources. Show me a comparison between funfair and another popular 3rd party provider fees. I'm sure all you have are the words of other shills backing you up. I'll fucking wait.

>> No.6626933

>>6626867
There are no fees you mongoloid, anybody can make a dapp that works with FUN.

>> No.6627004

>>6626933
THERE ARE NO FEES FOR ANY CUSTOM SITE MADE GAME. ANY CASINO WOULD JUST INTEGRATE IT INTO THEIR SITE INSTEAD OF USING FUN, ITS JUST A FUCKING ETH TOKEN.

>> No.6627037

>>6624491
ANY OTHER FUCKING RETARDS WHO THINK THERE IS A SINGLE REDEEMABLE THING ABOUT THIS SHIT COIN?

>> No.6627125

A selling point for me, is that 3rd party providers charge huge sums of money, plus demand a % of money the game makes, im talking 300,000+ a year in costs.

Funfair provides this service almost free. From a economical standpoint, it seems like a good move,

Does it not?

>> No.6627205

Today OP had an aneurysm because his autism took over
Today was a good day

>> No.6627209

>>6626867
All you have to know is that by using FUNFAIR casinos don't have to process transactions - they never have to worry about fraud and chargebacks. They're never holding customer funds. That alone provides massive savings.

This compares Funfair's speed and transaction costs with other blockchain gaming - it blows them away

https://funfair.io/a-cost-comparison-of-ethereum-gaming-transactions/

>> No.6627213

>casinos are going to issue volatile digital coins instead of local currency pairing for gambling
the state of /biz/

>> No.6627217

Funfair is one of the best projects in crypto. Literally solves all the biggest problems with online casinos and why most sane people resist the urge to become degenerate Internet gamblers. Stay mad no-FUNers

>> No.6627263

>>6625636
sure they existed but the problem also fake ones existed, being on the blockchain proves it being real, and now gtfo with your fud you absolute moron, there's nothing to gain for you doing this unless you're trying to bring the price down

>> No.6627288

>>6626829

Are you seriously retarded, anon? Did I not just tell you exactly why FunFair will be in demand, especially in places where "normal" online/offline gambling isn't easily accessible?

Are you seriously retarded? Do you actually understand everything you read?

>> No.6627369

> crypto is a gambling market
> Fun is a gambling coin with gambling tech

Literally cant lose

>> No.6627390

>>6627209
Funfair requires a gas fee to begin playing each and every game, and a new fee for every new session you begin. Currently that fee is about 3 dollars. This is an immediate drawback to nearly every non whale gambler out there.
>>6627263
No, you absolute fucking moron, fake provably fair games do not exist. They CANNOT exist. Thats the point of them being PROVABLY FUCKING FAIR

>> No.6627440

>>6627390
wow you are really naive if you think every provably fair site has been real

>> No.6627485

>>6627440
They can't be provably fair if they're fake you dumb fuck.

>> No.6627497

>>6627288
No you did not. What even is that argument. Funfair will be the an online casino for people who cant access online casinos? WHAT

>> No.6627627

>>6627390
>each and every game
No, state channels mean you pay one (1) transaction fee and then you can play for as long as you like.
With things like Etheroll and Ethbet, you can actually check your own odds if you manage to mine your own hash. This means there's still areas for abuse. This isn't an issue with FUN.

>> No.6627691

>>6627497

You are mind bogglingly stupid that it almost hurts to see. If you claim to have a such a deep understanding of online gambling and the users who gamble online, it's baffling to me how you can't connect the dots. Even when I just spoon fed you the answer.

Crypto. Online Gambling. People who can't use conventional online gambling platforms.

Think about it you dumbfuck.

Lmao

>> No.6627766

>>6627627
You misunderstood my comment. It requires a fee to begin each new game you play. Example.
>You play 3 game of blackjack
>Switch over for a couple slot pulls
>Go back to blackjack
>Go try out 3 card poker
>Realize that in testing out these different games you wasted 12 bucks in gas that you wouldn't have playing any normal fucking casino games

>> No.6627818

>>6627691
WHAT FUCKING PEOPLE CANT USE REGULAR ONLINE CASINOS OR CRYPTO CASINOS BUT CAN SOMEHOW BE MAGICALLY SAVED BY FUNFAIR CASINOS. WHAT THE FUCK ARE YOU TALKING ABOUT

>> No.6627877

>>6627390
>Funfair requires a gas fee to begin playing each and every game
It requires a fee to begin a gambling session - with that fee you can play for as long as you like - hours upon hours.
All other Ethereum games require a gas payment for every wager and every time you take winnings. Every dice roll you are paying a gas fee. Every time you win a bet it incurs a gas fee. There's no comparison.

Funfair gaming transactions are also instant because they are off chain.

>> No.6627887

>>6627818
What non-degenerate would ever gamble on a literal website? I would just assume the games are rigged

>> No.6627950

>>6627877
Ethereum on chain games are dumb as fuck too. Theres no reason for games to be recorded on the blockchain. No gambler actually gives a fuck, blockchain games are a waste of gas fees.
>>6627887
One that is highly reviewed and has multiple reputable and provably fair games. Like most popular online casinos.

>> No.6628050

>>6624644
underrated post

>> No.6628096

>>6627766
The transaction fees can optionally be covered by the casino hosting the game. "Make note of your ethereum address so that you can look at the transaction afterwards and see how much gas was paid (both by you, and sometimes, also by the gaming site)." - https://funfair.io/tag/fate-channels/

Jez actually talked about this in the Discord at one point. If you're the kind of person who bounces from game type to game type for whatever reason, go to a Funfair host that covers the transaction fees. That's another benefit of it being online. You can go to whichever host has better terms for you - some might lock in a certain price for FUN each day to keep transactions simple on the customers, and will cover the differences with the market on their own, others might not. Same goes for covering transaction costs.

>> No.6628168
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6628168

obvious FUD is obvious kys faggot

>> No.6628306

>>6628096
Dumbest excuse.
>oh buit you might only have to pay $1.50 if the casino is nice enough

>>6628168
This argument is only ever used by Pajeets.
>j-just stop criticising it sir please make much money

>> No.6628339

>>6628096
Literally any casino using this type of system could be made bankrupt in a day by accounts spamming one play at each game and wasting all the casinos money. No actual casino would open themselves up to that, and the alternative is the user foots the bill, and thus gambles elsewhere.

>> No.6628371
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6628371

>> No.6628418

>>6624491
OP brings up some great points, a shame that so many pajeets here just dismiss real criticism as FUD. If everyone wasn't such a retard we could have the market value things properly rather than have dumb shit like Ripple at the top of the market. Maximum bubble rn.

>> No.6628432
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6628432

>>6628306

all you fudders are trying way too hard which ousts you completely. like, who the fuck would care this much on an anonymous anime board. absolutely pathetic lmao

>> No.6628484

>>6628432
Sure thing Pajeet. Go back to holding Siacoin, Req and whatever useless token you buy into. Some of us actually like knowing what's wrong with certain investments.

>> No.6628629

>>6627818

Here's a hint you stupid faggot. Online gambling is illegal in most places in the world.

>> No.6628668

>>6628629
Here's a hint, you stupid faggot. Crypto casinos are already a fucking thing. No KYC, no identity or vpn checks. The problem has already been solved, FUN is about 8 years too late LOL

>> No.6628685

>>6628629
And funfair solves this how? Nothing that couldn't already be solved by using any other cryptocurrency and some proxy.

>> No.6628693
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6628693

>>6628484

>implying
>implying
>implying
>trying this hard

anyone with half a brain can see right through you

>> No.6628714
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6628714

>>6625101
|THIS IS NOT DE WAE

>> No.6628763

>>6628668
>>6628685

When we look at the various blockchain alternatives… there are two types. Bitcoin gaming has been around for a few years and brings with it some privacy features (no itemised credit card statements, which lets people be more discreet about their gaming activity) but the down side is an additional player risk and also the lack of fairness and player protection—in fact, the risk to the player is far greater when they play a bitcoin casino game versus a credit card one, as the player has to trust the casino with a deposit of funds and leave it with the casino for a long period of time that one day the casino could easily run off with. To solve these fairness and player protection issues, there are also newer Ethereum gaming solutions (discussed in detail, later).

However, this starts to get quite bad when you consider the bitcoin casinos, as the cost of sending a transaction using the bitcoin network is becoming quite expensive and is borne by the player. If you factor in the two transactions, once to deposit, and once to withdraw, it can cost several dollars of bitcoin transaction fees to send and receive this cash.

In Ethereum gaming, we took a look at the existing solutions… and although on the most part, they are providing a fair and player protected experience (the RNG in many implementations is provably fair—often committed in advance of the games, or chosen independently by the blockchain using techniques like block-hash etc, and the gameplay is processed inside a smart contract where the game outcome decision can also be provably fair)…. However, the new problem is transaction fees—notably Gas Costs. If each transaction—each bet. each win—is done on-chain, then each bet and each win requires a payment of gas to the network. A slow and expensive way of implementing the games that is uneconomic and uncompetitive.

>> No.6628808

We tested all the existing Ethereum casino games and provide you some example gas cost here. We tested the dice games: vDice & Etheroll. We also tested the blackjack games: Winsome & dao.casino. And we also tested the Winsome’s Rouleth, as well as an early version of our own home-grown effort. The testing was done as follows and we urge those that would question the methodology or findings to try them out for themselves as we encourage independent testing to validate these findings. Simply go onto each of the gaming web sites and play some games.

Make note of your ethereum address so that you can look at the transaction afterwards and see how much gas was paid (both by you, and sometimes, also by the gaming site). Note the price of Ether on that day. Also, if these games are using test ether (on ropsten, kovan etc) you can still see how much gas was consumed and that translates into an actual effective cost had the games been live on the main network instead of a test network, as the gas usage is the same. Even on test ethereum networks, etherscan reports how much ether was used in gas costs, which you can multiply with the actual eth/usd price to get the transaction cost, were that game on the main network.

In most cases, the per game cost, every time you play is between $1–4, at present ethereum prices (circa $240). And these gas costs scale linearly with the price of ether… so as eth goes up to $400 (as it did, last month) so too does the price to play these games increases… making most of these games exorbitantly expensive to play, for each game or hand or dice roll.

Its no wonder that Etheroll & vDice decided to opt for a very high minimum bet size to ensure their gas cost doesn’t overwhelm the bet size. The min in Etheroll is 0.1 Eth (today its $24) and vDice was 0.22 Eth. And even then, the gas cost is over a $1 for most of those games.

>> No.6628839

And finally, here’s a test of FunFair’s Euro Roulette game (as yet unannounced, unfinished, and still in early alpha test, but it will be available in a day or two for everyone to play in the www.funfair.wpengine.com showcase section).This game uses our (now quite infamous) Fate Channels, which are an advanced state channel technology that supports realtime random number generation, as well as micro-payments for bets & wins, and also real-time player interactions. It does other cool things as well related to audits and game provability.Comparing just one spin of the roulette wheel wouldn’t be any sport now would it, so I took the liberty of playing about 8 times in a similar time that the other games did it in one game .. hope no one minds ! But the point is that I could’ve played it 100 times and the gas cost would’ve been the same. You see, using our Fate Channel tech the player only pays gas costs for opening and closing the state channel (at the start and end of the gaming session).. and if you played 100 games in an hour, it still costs less than just one game of the other company’s ethereum games.

>> No.6628852

everything and everyone will be using the ethereum platform very soon. eth and erc20 tokens will moon like never before im 50% eth, 25% bat and 25% fun i will be a multi millionaire by the end of the year

>> No.6628863

I'm not trying to FUD, I'm genuinely curious. Does anyone really expect that FUN will be used as a gambling chip? As in, actually being staked directly in games of chance? I just can't even imagine a speculative asset in a volatile market being fed to virtual slot machines or whatever, where the value of your bet could have wild swings in the course of a single poker game, and your winnings could be wiped out overnight by a whale dump. It's the main concern that's kept me from adding some of this to my portfolio, and I'd appreciate if someone could address it.

>> No.6628875

>>6628418
they are dumb followers who call fud on anything that they don't agree with.

They actually truely believe OP talking shit about the coin will make the price lower.

As if 5 poorfags on this fucking website would bring the price down for someone to buy in LOL

>state of biz
>state of funfags

Your bags are heavy, i understand funnies

>> No.6628885

https://funfair.io/a-cost-comparison-of-ethereum-gaming-transactions/

READ, you faggots. Do some fucking research and reading for once before you talk out of your ass and embarrass yourselves.

>> No.6628886

>>6628685
We can use proxies most boomers can't

>> No.6628915

the plan to dump bitcoin was in the works since early 2017. the bitcoin bull run was really just a prep for ethereum.

>> No.6628928

>>6628863
Isn’t the value of your tokens locked in when you start a game? I could’ve sworn this was answered, I don’t have it off the top of my head though, anyone?

>> No.6628932

>>6628668
>Crypto casinos are already a fucking thing.
Yeah and there are all garbage compared to what FUN will be offering

>> No.6628967

>>6628339

What is min. buyin?

So are you paid to FUD this or are you seriously this autistic

>> No.6628975

ITS GOING TO 20 CENTS FUDDERS HAHAHAHA

>> No.6629113

>>6626829
>casino reviews
I can hire a dude in China to spam a few thousand reviews with keywords like "fair" "reliable" and "big payouts"

>> No.6629119

These FUDing faggots don't even know, let alone understand, that FunFair employs proprietary technology.

> ...the point is that I could’ve played it 100 times and the gas cost would’ve been the same. You see, using our Fate Channel tech the player only pays gas costs for opening and closing the state channel (at the start and end of the gaming session).. and if you played 100 games in an hour, it still costs less than just one game of the other company’s ethereum games.

Read that again.

>the player only pays gas costs for opening and closing the state channel (at the start and end of the gaming session)..

>if you played 100 games in an hour, it still costs less than just one game of the other company’s ethereum games.

Fuck you idiots. Please do some research before talking shit.

>> No.6629149

>>6628885
I have, Jesus. Yes, Funfair is one of the better on chain ethereum gambling ideas. However, on chain gambling coins and sites are shit as a whole, theres no getting around that. Read my previous points as to why.
Copy and pasting a blog post where they discuss how they try and make the on chain feature suck a little less in comparison to other shittier options doesn't mean that fun doesn't suck, it just sucks slightly less.
>>6628886
You don't even need proxies for most crypto gambling sites. And funfair sites would be bound by the same legality issues of every other casino.

>> No.6629168

>>6628863
Read the fucking Whitepaper it doesn't work that way retard

>> No.6629248

>>6629119
God damn just read man, I've addressed this point. 2 things about it.
1. Any traditional online casino doesn't have this initial fee. Why would gamblers pay this fee when they can simply go elsewhere and not instantly lose 3 dollars.
2. This fee is paid every time they change games, or simply refresh the page. The average gambler would jump around from game to game, and this would result in massive fees for them. It's an unfun system that chains them to one game for fear of fees.

>> No.6629334

>>6629149

>>6629149

Just admit that you had no idea what you were talking about. Existing on-chain gambling coins and sites are shit because the gas prices are too high. FunFair fixes this problem with proprietary technology that doesn't exist in the market. That's a fact.

We already established that there are many people around the world who either need or prefer blockchain gambling solutions due to privacy / legal reasons. Some people who don't have that need may prefer blockchain solutions anyway because use of the FunFair platform and brand guarantees legitimacy.

Can you shut the fuck up now?

>> No.6629437
File: 331 KB, 1381x1127, lmaonig.jpg [View same] [iqdb] [saucenao] [google]
6629437

>>6624491
>implying blockchain is needed for anything except money transactions
kek, there are billion of pseudo-use cases that people have thought up. Gambling is among the most reasonable.

>> No.6629491

>>6629334
On chain solutions are shit, I agree. Funfair is a better on chain solution, however it's still shit compared to ordinary online casino solutions because it still requires a fee that most gamblers would find ridiculous.

There is literally nobody on earth that needs a blockchain gambling solution, and if you truly beleive this you are deluding yourself. The only people who would prefer it would be cryptocurrency nerds and desperate investors, and even then it would be to their detriment.

It's an inneficient solution to a problem that doesn't exist. Don't be too hard on yourself, I'd say the majority of cryptos fall under that definition, but it still makes fun a shitcoin

>> No.6629541

>>6629248

1. Answered this already. It's already been proven that the demand for crypto gambling exists due to privacy/legal concerns that gamblers around the world have.

2. Have you gambled before? Most people have one game they play a vast majority of the time, like Blackjack. This is particularly true for people who are really into gambling. Go to any casino - the vast majority of people spend almost all of their time on one game. And regardless, the fees are so much cheaper than the competition that even if they played multiple games, they'd pay significantly less in gas fees than they would at competing crypto casinos.

Come on man. You're trying to spread FUD on a product with real, actually useful/relevant proprietary technology. Don't come in here with that lazy bullshit.

>> No.6629560

If they can manage to open their own online Casino this will be a $.50 coin minimum.
If they find some way to add simulated mining to this Casino so people earn FUN by playing slots it will be $5
If the other casinos adopt it you're talking $10 coin EZ
I'll be selling at $.50

>> No.6629563

>>6624491
Using Runescape Gold to gamble with sidesteps anti-gambling legislation in many countries. Crypto isn't real money, so you aren't gambling with real money.

You Crypto White Knights from Plebbit can't even back up your endless FUD. Why do you think anyone believes you have anyone's best interest in mind?

Go back to /soc/ and rate dicks, faggot.

>> No.6629580

Yup, OP is right.

I'm gonna get out of this thing as soon as possible.

This thing is geniuenly NO future.

>> No.6629622

>>6629491

>There is literally nobody on earth that needs a blockchain gambling solution

Except for everyone who wants to know the odds are provably fair, which is literally everyone who isn't buttdevastatingly retarded

>> No.6629636

>>6624491
Why do people give into FUDders. They are unloved, lonely and miserable people. Just stop and think for a moment what kind of moron it takes to waste time demeaning a crypto platform, which by the way is one of the 1% of such platforms with an experienced, growing, and very reputable team. Even if you couldn't fucking read and were forced at gun point to go all in on one coin, wouldn't you pick a team in a lucrative market lead by a very successful, beloved, and innovative man?

FUDDing is for lonely, sad people...unless it's bitconnect.

>> No.6629657

>>6628763
You can use literally any other cryptocurrency for gambling, not just BTC. Use Digibyte if you want and have practically no fees and the same risk/reward.
>as the player has to trust the casino with a deposit of funds and leave it with the casino for a long period of time that one day the casino could easily run off with.
True, but this is mitigated by the fact that almost all cryptos have blockchain audibility. All it would take to prove a regular crypto-casino is unfair and to run it in the ground is to show it not paying out players at the correct rate. Still this is one thing I think Funfair really actually has a real use despite OP bringing up other great points.

I still hold a lot of fun because it's obviously the best gambling on-chain crypto, but not more than 10% of my portfolio usually. It's economics are great because you have to burn a token with each game, but it falls flat in uses honestly.

>>6629622
You don't need a blockchain to show provably fair gambling.

>> No.6629675

i honestly dont beleive this fucking thread. theres so many retarded shit coins shilled on this board, and FUN is NOT one of them. its one of the most legit coins out there. actual use case, a coin that serves a purpose, has an amazing team, a great whitepaper with road map and goals. anyone who calls this coin a scam is an idiot, plain and simple

>> No.6629712

>>6629636

This thread just made me unironically go all in on FUN. Banking on the fact whales will pump this ~ Feb 8th

>> No.6629740
File: 133 KB, 1102x745, 1515066217680.jpg [View same] [iqdb] [saucenao] [google]
6629740

>>6624491
>the one coin with actual product and team of already made it people from gambling industry
>lets call it shit and not talk about 100 scamcoins

Wew lad, really activates my brain

>> No.6629752

>Nonetheless, the use of Bitcoin at online casinos has steadily risen every year with many people placing their bets with cryptocurrency daily. Bitcoin gambling has been around since the currency’s inception and in 2013 Bitcoin betting accounted for over 50 percent of all Bitcoin transactions. A research report released that year detailed “online gambling represents at least 10x the transaction volume of Silk Road and the other Bitcoin drug marketplaces.”

>According to the Bitcoin Strip, a website that tracks online Bitcoin casino statistics, over 24.5 billion bets have been placed with bitcoins over the past two years. In 2017, the popularity of Bitcoin gambling continues to grow as there are now hundreds of cryptocurrency gaming destinations on the web. According to statistics throughout sixty cryptocurrency-based gambling sites, people are placing 337 bets per second and are wagering three BTC per minute. Moreover, since 2014, roughly 3.7 million BTC has been wagered equating to $4.5 billion USD at the time of writing.

HURR DURR CRYPTO GAMBLING HAS NO FUTURE

https://news.bitcoin.com/bitcoin-gamblers-wagered-4-5-billion-btc-2014/

>> No.6629763

>>6629541
Not on chain gambling, which is just expensive and wasteful. Regular crypto gambling is fine and exists already, but it doesn't need fun.

I have. And I know that if people had an option to pay 3 dollars in order to play blackjack, or pay nothing, they would and will pay nothing every time. At a non funfair casino

I'm trying to have a discussion about what I see as a flawed coin.
>>6629622
Except that online provably fair games have been around for a decade. The blockchain isn't needed for things to be provably fair, Funfair is 10 years late to solving that problem.

>> No.6629771

>>6629712
I'd go all in on fun if I had more balls. I'm mostly split between fun, bat, and a bit of Adex for the February pump.

>> No.6629794

>>6629657

Show me exactly how you can prove fairness without the blockchain.

Oh wait, you can't, because the blockchain is the only technology that offers such a solution. All other options are susceptible to manipulation, the blockchain is intrinsic

>> No.6629802

>>6629675
Sorry man, you've been duped. read deeper into the thread to see why

>> No.6629826

>>6629794
https://bitcointalk.org/index.php?topic=161236.0
Dude just fucking scroll up. It's been around forever

>> No.6629857

>>6629802
>>6629826

J U S T

>people actually bought this thing

>people actually thought that this thing would revolutionize online gambling

The delusions, holy shit

>> No.6629866

>>6629752
Nobody is saying that crypto gambling has no future, or that the market doesn't exist, just that Fun is a shitcoin that doesn't need to exist.

>> No.6629892

>>6629857
>>people actually thought that this thing would revolutionize online gambling
never thought this, its just a nice gambling platform

>> No.6629905

>>6629763
What's funny is that even if it's as flawed as you say it is, Funfair is still going to do so much better than every crypto gambling platform. It's going to make SO much money, I can't wait.

>> No.6629962

>>6629866

The firm’s flagship “Fate Channel” technology — a rapid off-chain payment channel, which is aimed at minimising gas costs for operators and players alike, is the very first of its type to be deployed and used at scale.

A common problem suffered by Ethereum casinos that operate entirely on the blockchain is slow block confirmations for each individual bet, which proves costly both for player and operator. FunFair’s ‘Fate Channel’ takes the transactions “off chain”, meaning that each payment (bet) can be made securely without waiting for blocks to be confirmed whilst retaining the security of the blockchain. A State Channel is opened for the duration of a gaming session, allowing for rapid trustless betting while it’s open and cutting out the costly middle-man.

“Typical competitor costs today can exceed 10% per bet for players,” commented San. “Our goal is 0.1%.”

By the time the firm launches its v4 Fate Channel implementation, its system will be entirely serverless, reducing overhead costs for potential casino licensees. By removing much of the operational costs of a casino, FunFair could create major disruption within the industry, and its software could prove key to survival for firms operating in this highly competitive market.

https://thebitcoinstrip.com/ethereum-gambling-pioneer-funfair-raises-15-4-million/

>> No.6629970

>>6629905
>OP destroys people ITT with simple arguments and questions

>s-s-so what?? it will still make m-money!!!

Name ONE fucking reason why people should use this fucking shitcoin when provably fair online gambling with cryptocurrencies ALREADY exists.

>> No.6630013

>>6629857
It's going to make me a lot of money. Anyone who buys before 10 cents is going to 5x at least. Keep on fudding

>> No.6630026

>>6629826

Your link is referring to blockchain tech.... You just .... You either didn't expect me to follow the link (as any faggot shill would), or you're retarded

People back FUN because it has the most marketable package/most professional team. You're shilling is coordinated and obvious, reminds me of /pol/ during the election. You guys should hire me lol because you fucking suck if this is your job, any NEET could do it better

>> No.6630043

>>6629970
>REEEEEEEE I BOUGHT TOO LATE

it's okay, you will be fine

>> No.6630058

>>6630026
>People back FUN because it has the most marketable package/most professional team
Funny how you didn't bring up the use of it, because there is practically none.

>> No.6630085

Can you idiots actually read some sources for once?

>>6630058
>>6629970

The firm’s flagship “Fate Channel” technology — a rapid off-chain payment channel, which is aimed at minimising gas costs for operators and players alike, is the very first of its type to be deployed and used at scale.

A common problem suffered by Ethereum casinos that operate entirely on the blockchain is slow block confirmations for each individual bet, which proves costly both for player and operator. FunFair’s ‘Fate Channel’ takes the transactions “off chain”, meaning that each payment (bet) can be made securely without waiting for blocks to be confirmed whilst retaining the security of the blockchain. A State Channel is opened for the duration of a gaming session, allowing for rapid trustless betting while it’s open and cutting out the costly middle-man.

“Typical competitor costs today can exceed 10% per bet for players,” commented San. “Our goal is 0.1%.”

By the time the firm launches its v4 Fate Channel implementation, its system will be entirely serverless, reducing overhead costs for potential casino licensees. By removing much of the operational costs of a casino, FunFair could create major disruption within the industry, and its software could prove key to survival for firms operating in this highly competitive market.

https://thebitcoinstrip.com/ethereum-gambling-pioneer-funfair-raises-15-4-million/

>> No.6630146

>>6630058

You admitted that blockchain gambling tech had a big future, but you refuse to admit the company with the most financial/industry backing is a shitcoin? Never mind the fact that it has proprietary tech that gives it a massive edge over all competition within the market?

Stay fucking poor shill faggot

>> No.6630178

>>6630146
isn't a shitcoin fuck this mobile shit

>> No.6630183

>>6629962
It's comparing itself to etheroll, which is an even dumber casino project. Regular casinos have ZERO blockchain operation costs. Funfair would just bring extra fees with it, theres no fuggen point.
>>6630026
Dude do you know what a cryptocurrency even is? The post talks about using a sha256 hash algorithm and user seed in order to create provably fair games, not cryptocurrencies. Not everything that uses encryption is a fucking cryptocurrency LOL

the absolute state of Biz rn jesus christ

>> No.6630232

>>6630085
Wow, it's better than Ethereum casinos because Ethereum has 3$ fees. Impressive, meanwhile there are already Casinos taking DGB, BCH, LTC whatever alt you can imagine at practically no fee. You purposefully compare it solely to Ethereum casinos while avoiding the issue that there are MUCH BETTER ALTS FOR GAMBLING. There is NO use for it.
>removing much of the operation costs of a casino
HOW?

>> No.6630249

>>6630146
If microsoft was selling a turd, it'd still be a turd. Doesn't matter whos behind it if the project is retarded. High profile multimillion VC funds sank millions into the Juicero, backing means nothing if the project is shit

>> No.6630320
File: 45 KB, 500x500, e099c60a.jpg [View same] [iqdb] [saucenao] [google]
6630320

Wew the absolute ammount of people that dont want to get rich investing in FUN

Are these the same pople who invested into bitconnect?

>> No.6630341

>>6630183

Lol please, the article I mentioned earlier also named like 6 other ETH casinos, all of which are massively more expensive than FUN.

>Setup costs and ongoing operating costs will be dramatically lower on the FunFair platform. With no servers, and payments automated by smart contracts, large staff and infrastructure costs are a thing of the past.

Not only are FunFair's per-bet fees already tiny to the point of being negligible, the serverless nature of the blockchain and smart contract automated payments will cut costs. What you say has no merit whatsoever.

The demand for cryptocurrency gambling already exists, and it's growing every year. FUN is the best product offered up to this point. It's not that hard to understand.

Just admit that you were wrong.

>> No.6630404

>>6629970
less fees

>> No.6630418

>>6630183

You realize that all FUN is, is taking the idea of that algorithm and putting it into a highly marketable package backed by big money. It brings a level of legitimacy to online gambling that has kept bigger players out of it. This will bring them in, along with a bunch of small fish, because it's cheap as fuck for them too.

Everyone can see you're a shill because you never answer anything directly, it's all strawman and FUD

>> No.6630455
File: 205 KB, 1242x627, IMG_3727.jpg [View same] [iqdb] [saucenao] [google]
6630455

My body is ready for ICE.

>> No.6630503

>>6628852
hope you are right friendo

>> No.6630534

>>6629560
everything you just wrote is fucking retarded
none of that is even in the roadmap

>> No.6630541

>>6630341
ALL ETHEREUM CASINOS ARE SHIT how many times do I have to repeat myself. For funfair At current eth prices, starting a new game is roughly 3 dollars in gas costs, which is unnacceptable to the gambler and casino. Yes this is better than other eth casinos, but it is still shit compared to ordinary casinos which have NO FEE cuz that'd be RETARDED

The demand for ON-CHAIN specifically cryptocurrency gambling does not exist. If you beleive that people out there honestly prefer paying fees then you are deluding yourself.

Funfair is a shit product, and it has yet to be adopted by any actual online casino because it's garbage. If it were as great as you say, online casinos would be clamoring to use their shit, since they already have a working product apparently

>> No.6630550

>>6624663

>plans to hold one year
>stuck with bags

Stick with your convictions you pussy.

>> No.6630559

>>6629740
Fuck dude, I'm in the same boat as you. I bet you had $500k last week lmao. How are you feeling right now?

I'm still comfy. These no-FUNners are so salty. It's delicious.

>> No.6630585
File: 6 KB, 275x183, pov.jpg [View same] [iqdb] [saucenao] [google]
6630585

have fun being a pov cunt op.

>> No.6630634

>>6630418
I answer everything incredibly directly. As to your points, marketing and big money means nothing if their average product costs 3 dollars per session compared to the competition being free. Provably fair algorithms are everywhere already, anyone who knows anything about online casinos already knows that.

>> No.6630660

>>6630634
You are mostly right but it's going to go somewhere purely by virtue of being a working crypto product. If you think otherwise you're pretty naive.

>> No.6630666

>>6630232

At those casinos, all of those coins are bet completely off-chain, right? Seems like you don't even understand the fundamental selling point of FUN.

Existing casinos, regardless of currency:

> If the casino wanted to cheat you, they could and you’d never know whether you received the right odds. They might be able to prove they chose a random number (provably fair RNG), but they cant prove what the game did with that random number, or how the game’s outcome was decided. If you were supposed to win but didn’t, you will never know. You also can’t know the stats of all the other players, since none of the games are published unless the casino wants to publish them and they can be selective and only publish the ones they want you (or the regulator) to see.

FunFair:

>The players’ get trustworthy reliable games that they can audit in real-time, the affiliates get paid on time and can see all their players’ spending, the operators get transparent low cost games that give them extra margin to recruit new customers, and the regulators get a level of transparency and audit-ability they’ve never seen before.

Anything else you dirty pajeet?

>> No.6630692

>>6630666
meanwhile people are dumping millions on etheroll even though it's boring as fuck... this is just a no-brainer

all of this traditional online gambling vs funfair state channels talk is beside the point IMO given the above

>> No.6630765
File: 47 KB, 600x600, jez-san-bw-600x600.jpg [View same] [iqdb] [saucenao] [google]
6630765

>>6630666
>666

Buying 110k more right now

>> No.6630782

>>6630666
Fucking read up about provably fair online casinos, like i've mentioned a dozen times already. Provably fair casinos have been around for years, Fun isn't special, and it's a less efficient provably fair method. Read that bitcointalk link I've posted if you'd actually like to educate yourself.

Your entire point there is invalid and based off of false premises of existing casinos.

Do you have anything else? I've refuted literally everything you've said so far, give me something new man.

>> No.6630844

>>6630782
Fiat casino game providers are biggest scam operations known this day, just look at their operating profit margins and tell me they are not using computer programs to scam players

>> No.6630916

>>6630844
Show me an example of a casino like that, and we can discuss that. However if its a casino that utilizes a provably fair algorithm for all its games, then theres not really much to discuss there

>> No.6630940

>tfw I bought 96k of these shitcoins at .11

I can't believe I actually fell for shilling, holy shit

I put 7k bucks into this piece of shit coin and this thread pops up and completely destroy this shitcoin

Should I sell? Fuck me I can't believe I bought a shitcoin with no fututre.

>> No.6630955

>>6630940
sell sell sell

>> No.6630989

>>6630916
Just look up any major game provider, netnet, bigtimegaming etc. Look into their quater year results, these games are not operating on 99.95% return rate like funfair will be, they are ran by computer programs tha decide when the big win will be to keep the overall picture in favour of the provider

>> No.6631011

>>6630916

Show me an online casino that uses a provably fair algorithm for all its games

>> No.6631048

>>6631011

I'll answer for you. There are NONE

>> No.6631053

>>6630940
Short term, you may profit in the short term if all crypto doesn't crash again. This market is irrational as fuck, and you may be able to exit in profit off anther pump. It's pretty much a gamble though.

Just don't kid yourself into thinking this is a long term hold. Find an exit point soon.

>> No.6631056

>>6630940
sure go panic sell

>> No.6631060

>>6625130
do you know how long it takes to cash out of a online casino?

>> No.6631112

>>6631053
Fuck, the thing is in Germany you can cash out tax free if you hold for 1 year.

I bought them on January 12th so I'll have to wait until then, or pay taxes.

I'm fucked aren't I?

>> No.6631132

>>6631011
>>6631048
Just fucking google "Provably fair online casino" you idiot. Hundreds of casinos pop up. Do some damn research.
>>6630989
Yes, casinos make money. Their games providers are likely provably fair, I'm sure you can check with the site itself. If not, thats an issue with the individual casino

>> No.6631190

>>6631060
Took me about 5 minutes on bitdice.
>>6631112
Sell for another cryptocurrency. Or if you sell for cash rn, its a capital loss and can help you tax wise

>> No.6631229

As to the rest of you mongoloids, I hope you keep this thread alive and hopefully educate some more idiots. I'm going to bed, peace.

Think for yourself on any arguments past here

>> No.6631267

>>6631132

LMAO I JUST DID THAT YOU STUPID SHILL FAGGOT ALL THAT POPS UP ARE BITCOIN CASINOS. LITERALLY NO ONLINE CASINO IS PROVABLY FAIR

>> No.6631289

>>6631267
You are pretending to be retarded

>> No.6631317

>>6631132
>are likely
>im sure you can check

Rofl

>> No.6631367

Selling my 90k of these shitcoins in an hour or two

Seriously, I can't believe I actually bought into this.

Whales are just gonna dump their bags onto us for a small profit.

You're fucked, this thing has little use and little future.

>> No.6631373

>>6631289

Please don't make me screenshot it to make you faggot shills look more retarded

>> No.6631387

>>6624491
Combine crypto + Skin betting on tournaments / skin casinos for games = GG.

>> No.6631466

>>6631387
This might be the only way to turn this thing around.
Integrate FF with autistic vidya skin gambling and collecting.

>> No.6631509

>>6631387
They already have plans for: lottery, poker and dice. I am sure gaming world could adopt fun also

>> No.6631616

whale here just dumped all my FUN
do NOT buy FUN
sell sell sell

>> No.6631618

>>6631373
Please do.

>>6631387
>>6631466
>>6631509
Why would that need a dedicated token solely for gambling? Why not do that with Digibyte for example?

>> No.6631681

>>6631618

> why optimize anything? businesses dont care about that

>> No.6631746

>>6624491
Who to believe the FUN or the NOFUN
hmm probably just gonna pray that ICE pumps it a bit

>> No.6631776

>>6631681
Just putting something into its own token doesnt optimise it. Assumptive arguments like this just piss people off.

>> No.6631832

You fucking retards don’t unferstand how the market works, you were buying at the already pick of the pump price a coin months earlier, pretending that from now on it will 5x again just because you need to make money.

It doesn’t fucking work like that.

>> No.6631932

>>6631832
this reads like a schizophrenic person wrote it

>> No.6631955

>>6631832
you don't understand how the market works either

the main rule of the market it's that nobody knows where the pick will be, those who claim to know it are the lucky ones and usually don't remain lucky for a while if they try to repeat their short term stunt

the only way to earn money on a market reliably it's to buy and hold for years and years and it works only for stocks and the stuff whose price grows up with time (i guess gold is ok too etc)

>> No.6632201

>>6624491
>Provably fair online games have existed for a very long time without on chain games
Players being able to deposit directly into smart contracts allow for completely trustless gaming; zero chance of being exit scammed or not paid properly. In addition, provably-fair RNG does not necessarily mean the gameplay is provably-fair. The random number is always be fair, but the way in which that number is implemented in calculating a final outcome may be manipulated, if that number is used at all. Of course if you know how the number should have been used, you'll be able to see that you've been scammed, but that doesn't change the fact that provably-fair RNG does not guarantee provably-fair gameplay. When someone plays a game using a smart contract, they know the exact rules for which the randomly generated number will be used and it can't be manipulated.

>Every casino that exists will prefer other 3rd party games due to their cheapness and ease of use
FunFair is providing free licensing to use their product (instead of charging anywhere from $100,000 - $300,000 and a cut of annual profits between 10-35% like traditional gambling software platforms) and it's cheaper to host than any other solution because casinos don't need their own gaming servers. Not to mention that casino operators will be able to set up and customize FunFair's games in just a few clicks.

>> No.6632328

>>6630782

Refute what, pajeet?

>>6630782

You refuted what, pajeet?

You couldn't refute the fact that the demand for gambling in crypto clearly exists in places where legitimate, licensed online gambling isn't feasible. There are tons of bullshit, shady as fuck casinos created by thugs and idiots that make bank all over the world, simply because degenerate gamblers have nowhere to go. I work in East Asia at the moment and shady online casinos are extremely prevalent and successful here. The easily recognizable legitimacy of FunFair platform thanks to its proprietary blockchain tech and brand value gives casinos an easy advantage over these shady online casinos. The average gambler can't recognize whether a shady no-name casino's "provably fair" scheme is legitimate or not. But a brand-named blockchain solution? That's easy as hell and there's no room to fuck with.

You couldn't refute the fact that on-chain gambling confers multiple advantages that off-chain gambling simply cannot. Gamblers can confirm every bet. Gamblers can see the odds and stats for every bet and game. Operators and affiliates get paid immediately and can confirm everyone's spending. If regulators are involved, they can audit easier than they would ever be able to otherwise.

You couldn't refute the fact that FunFair is objectively the best on-chain crypto gambling option right now - fast, cheap, transparent. $3 to sit at a table and play unlimited games? That's fucking nothing when an average bet is at least $5. And casinos can easily cover that cost by offering no fees for people who play a certain amount of hands.

You couldn't refute the fact that FunFair will reduce overhead costs for operators by offering a serverless product that pays operators automatically through smart contracts, drastically reducing server fees and need for employees.

Try harder pajeet.

>> No.6632345

I don't understand how people don't simply compare this to etheroll
"but etheroll sucks" is not an answer

>> No.6632424

dropped this shit for DENT. I advise you all to do the same. It's cheaper than this coin and it has an already working product with many good announcements ahead. This coin won't be going anywhere anytime soon.

>> No.6632489

>>6632201

Damn, you destroyed OP with a tenth of the words that I wrote.

Shady casinos that exit scam and don't pay players properly are a dime a dozen in Asia, yet they still rake in tons of money. FunFair lets people easily and cheaply set up a 100% trustworthy casino for free and in very little time. FUN could be a game changer in Asia.

People need to recognize that FUN is both a platform and a brand. It has distinct advantages that gamblers around the world will come to recognize and look for.

>> No.6632919

>>6632345
Etheroll is just a simple dice game where players have to pay transaction fees and wait for blocks to be mined for every wager. FunFair solves that issue with its proprietary state channel tech which no one else has been able to develop. FunFair has 12 games in their showcase so far, with many more on the way and the ability for 3rd parties to develop on their platform for profit each time their games are played. Unlike Etheroll, FunFair is a software developer who's licensing out their product for free to casino operators around the world to customize to their liking. One implication of this is that there will be many casino operators who will be buying and holding a large amount of FUN in order to pay out possible wins and jackpots.

>> No.6633125

>>6625943
this seems great for money laundering. I feel like this would be a problem.

>> No.6633737

bump

>> No.6633796

So when is the license getting approved?

>> No.6633833

>>6633796
They havnt applied yet, they expect to buy end of month..

It does nothing to change the goals of the business, its just a 'feather in the cap' so to speak

>> No.6633867

Where do you even buy this shit? Binance?

>> No.6633951

>>6624491
Provably fair how cuckface

>> No.6634032

>>6633867
yep

>> No.6634091

>>6633867
Bittrex too

>> No.6634223

>>6634032
Nice, just bought 100k

Well to tell the truth, I'm a turbo newfag to crypto, or trade in general. I'll need to buy eth first, right?

>> No.6634259

>>6634223
You could also buy BTC and trade it for FUN, doesn't matter.

Just make sure you first test everything by buying small amounts first and then buying your main hulk.

>> No.6634269

>Using something that changes value every second as currency
People thinking this can work are beyond retarded. I entered at 385 sat and exited at 1.2k after seeing how braindead these funshills are. Best decision of my life

>> No.6634373

>>6634259
Alright, cheers.

>> No.6634434

>>6632919
can a casino stay upright with winnings that arent provavly fixed

>> No.6635069

>>6632201
I should have also noted that provably-fair RNG is only verifiable after the fact, meaning the generated "random" number could end up being illegitimate (you will be able to check if a number wasn't a true random number, but this doesn't prevent the casino from cheating in the first place).

FunFair uses smart contracts to make it clear that both the RNG and manner in which said number is used is fair even before playing so that there is zero possibility of being scammed.

>> No.6635165

>>6624491
Gambling is wanted in the cryptomarket

>> No.6635232

I think this thing is about to take off over the next week now that the crash is over. Alt bullrun starting now.

>> No.6635340

You know they want to use this to enable users to make private casinos? So either you could have a game night with the boys or fucking have the Bingo for boomers bullshit and they would gladly bet fake internet money that could become real money .

People don't seem to understand Gambling is ALWAYS profitable for casinoes . The house will always get cut .

>> No.6635388
File: 314 KB, 512x512, 1513860121570.png [View same] [iqdb] [saucenao] [google]
6635388

FUD really made me think. About to sell 100k.

>> No.6635624

>>6635388
Read my responses if you want to know why the FUD isn't applicable criticism of FUN
>>6632201
>>6635069

>> No.6635641

>>6624491

Nice comment retard can you put your carer on now please

>> No.6635688

>>6635624
Are you autistic? Read my post again and this time, use your brain.

>> No.6635781

>>6635688
>FUD really made me think. About to sell 100k.

>> No.6635798

how can one contact Funfair to get explicit infos regarding their product and ETA

>> No.6635997
File: 29 KB, 658x649, 1504240173560.jpg [View same] [iqdb] [saucenao] [google]
6635997

>>6635781
Get a load of this guy.

>> No.6635998

Thanks OP, just sold my 1 million FUN.

>> No.6636046

>>6635798
Theyre always in their discord server, very open and answering questions

>> No.6636440

>>6634269
I think that between all the fud in the thread you are the only one who is right, and I got a nice bag of FUN yesterday.

Please can someone explain why would people want a token so volatile?

>> No.6636541
File: 623 KB, 600x946, 1514732193415.png [View same] [iqdb] [saucenao] [google]
6636541

OP is retarded.
The RNG/seed used to determine the rolls/spins is not the only part of the equation here.
A casino could have a perfectly fair and audited RNG and yet as the game logic(the code actually determining how the game is played) is in a back box in curacao the game could have a different house edge than what advertised and you would never fucking know it.
Yes reputable jurisdictions with a gambling commission worth their salt will use different techniques to at least try to guarantee a minimum of consumer protenction and ensure the casino are compliant like asking for the source code for review and then an hash for the compiled game to determined if anything is different in the deployed version.
And yet the consumer has no ability to verify this(they won0t give your source code to see if it matches lol).
And we're talking about reputable jurisdictions here.This shit happened in a regulated state lottery,look it up:
https://arstechnica.com/information-technology/2016/04/neutered-random-number-generator-let-man-rig-million-dollar-lotteries/

>> No.6636773

>>6624491
etherium contracts are the perfect means of executing trustless online gambling.

>> No.6636882

When I first started shilling FUN, they ignored me.

Then they laughed at the silly name.

Now they fight the shilling with weak arguments. OP clearly doesn't understand what this really is about.

Show me a non-blockchain casino that has this provably fairness, is never in control of my funds and can't even start a session with the gambler if they don't have enough funds to pay for the jackpot.

>> No.6636920

It unironically solves the online gambling oracle problem

>> No.6637096

>>6634269
>>6636440
someone please answer this?

>> No.6637132

>>6637096

Crypto gamblers don't care, judging by the sheer amount of people using crappy sites like satoshidice.

>> No.6637133

>>6637096
J-JUST SHUT UP!!!!

PEOPLE WILL GAMBLE WITH VOLATILE SHITCOINS!!! IT'S THE ORACLE PROBLEM OF GAMBLING!!!!

>> No.6637142

>>6637096
aren't all tokens volatile?
why even have crypto in the first place?
to make fucking money you nigger

>> No.6637169

>>6634269
>>6636440
>>6637096
As of now when you choose to gamble for a session the value is set in stone until you stop playing. Your earnings scale based off that initial value.

>> No.6637211

>>6637169
To add to this, FUN itself will likely be hidden from the player altogether and operators will likely just cover any discrepancy costs when purchasing chips for the sake of predictability.

>> No.6637305

Why do you care so much about being right that this might be a shitcoin? You mad that you lost money or something?

>> No.6637461

40 cents end of month

>> No.6637623

>>6626602
>because it's illegal , it doesn't happen!
I found the swede.