/biz/ - Business & Finance

>>11235483
who would have thought that demanding kyc in crypto wouldn't work?
(clearly not funfair devs kek)

are you having fun yet?

who would have thought that asking degenerate gamblers to first sign up to an exchange, buy a shitcoin, transfer it and then play wouldnt work?
(clearly not funfair devs kek)

The Fun never ends mang

Kek

Is this unironically a good time to buy some FUN? I'd give the casino thing a spin.

>>11236161
are u stupid, just play a normal online casino, or if u want to invest there are better casino blockchain projects

>>11235502
not holo either. And dont get me started on the lack of fingerbox.

>>11236161
there's a thread on their subreddit going through the experience. it takes a whole fucking hour to get started. by the time you make your first bet you lost 20% just in fun price action alone, because the only people this model targets is crypto enthusiasts who give a shit about fate channels and all that garbage. no way the average gambler will touch this, it's firnly established as a dying shitcoin

>>11236232
>fingerbox
the ceramic ones from Japan are the best

>>11236261
Lol i kekd so hard. FUN!

Imagine making a bet of 100$. Oops sry its worth 20$ bcs FUN dumped. Thanks come again!

Why FUN why?

>Doesn't advertise
>Doesn't give the coin utility
>Doesn't make it easy

What did they expect

>>11236337
I think it's a case of 'we already got rich from the ico'. They just have to release a bare minimum to not look like they're scamming

>>11236337
i did in fact reach the ceo with a proposal for a commercial, he liked the idea, and he sort of stopped replying. typical behaviour of a start up that grew too lazy

>>11236343
sadly, this

WHAT'S EVEN THE POINT OF USING FUN TO PLAY SHITTY DICE FLASH GAMES WHEN BUYING THE FUCKING COIN IS ALREADY GAMBLING???

>>11235483
This is why you never invest in a coin that is actually going to deliver a final product. It always turns out to be way lower than people's expectation and ends up killing the coin forever.
But this is a new low. The FunFair casino is completely retarded. Why would anyone ever do this just to gamble when there are thousands of online casinos with way more games that are way easier to use?

>>11236775
>This is why you never invest in a coin that is actually going to deliver a final product.

>>11236810
he's not even making symptoms, the result is here for everyone to see. early investors got burned HARD, even if this takes off, any degenerate gambler will have done a MUCH BETTER DECISION to get in this late just to fuck around with slots than all of the so called investors who were reading white papers and following road map updates since 2017. absolute garbage, I would probably have felt better if they just exit scammed instead of making this endless chain of retarded decisions

>>11236343
DELET THIS

>>11236713
lmaoooooooooooo

>>11235483
CHAINLINK WILL BE BETTER

>>11236261
Sounds fun!

>>11236810
Speculation is almost always more valuable than the end result. Especially when you are speculating on a brand-new company with no product released yet. The product they release will almost always be way less valuable than speculation.

>>11237020
This guy knows his shit, there's no way most cryptos will release a product that actually justifies a market cap in the tens to hundreds of millions. Just look at market caps of actual working companies and you'll see most cryptos are vastly overvalued. That being said, there's still a ton of money to be made off of stuff like btc, because its value is not anchored to any tangible things.

But they made star fox!

>>11236713
underrated

>>11235483
It's a pointless project. Why not just use a major trusted gambling site with certified RNGs if you have to do KYC? Most people won't see any reason to use CasinoFair.

I can’t believe I put over 1k between this and ICX. I’ve learned a valuable lesson.

>>11237839
Also, it's easier to deposit money, the user experience is better, there are more games to choose from etc. on established gambling sites. If you withdraw a large amount of money from a crypto casino you'll most likely get asked some questions by tax authorities and/or your bank.

WHY KYC
WHY
NUUUUUUU

>>11237010
>mfw some autist makes a billiant online casino that only takes LINK tokens
>mfw it becomes wildly popular and ends up being the killer app for LINK that drives it to 1k EOY
>mfw sergey abandons the oracle problem and LINK becomes a gambling token

My REQ bags are less depressing

>>11235502
Crypto 2013
>Fuck banks we bitcoin now
(((Crypto 2018)))
>please submit photo ID and passport and two foreskins

>>11236161
I heard you don't even need the token to play lmao
when will people wake up and realize there is no direct correlation between most dapps and their respective shitcoins?

>>11236713
it's meta

>>11235483
sauce on quote?

anyone who's not a reddit normie january buyer would have known that CLAM is the superior investment for crypto gambling. anything with KYC is going to be dead in the water

So, Zethr left as the last realistic crypto casino project standing? Offchain with better functionality than FUN coming soon, no KYC bullshit?

Unironically thanks Funfair!

>>11235483

LINK 1000 EOY

the idea itself is very good. this promises one thing every gambler wants to: the house isnt cheating. but they need a much better implementation. buying fun tokens at fucking binance and transfer it? kek

So happy I sold this shitcoin long ago at a profit.

>>11238480
lmao the house never "cheats", the system itself is rigged in its favor

>>11238520
in online casinos?
ahahahahaha

>>11238523
I'm not talking about cheating online casinos who cheat to get extra revenue. I mean even this "provably fair, transparent blockchain casino" will rob you of your money

>>11238580
you need to read the whitepaper of this cause you clearly have no idea what you are talking about

>It's another episode of let's FUD funfair
It's an exciting project that will take off, and you wouldn't spend so much time talking shit about it if you didn't know this

>>11238983
I have doubts. I'm a degenerate gambler and was excited by the release but became instantly turned off by the sign up bullshit. Only dominated populations like britbongs could tolerate this. Why invest in a product which alienates a large part of the market?

>>11238983
>KYC
>no fiat-pairing
>only 4 countries
>way too much work to use it

It's dead, and I say that as someone who put in 10k bucks for 121k FUN

I consider my money lost, the only question is when I cut my losses...

Because those absolute morons require KYC in a decentralized market.

>>11238983
If they can get rid of a lot of their sign up bullshit then it can be successful but until then, no one is going to want to go through the hassle when there are other bitcoin casinos which allow you to deposit and cash out straight out with going through an entire sign up bullshit

>>11239037
>>11239063
>>11239132
Ever since January this year I have watched you retards make threads talking shit about Funfair whenever a major announcement comes out. It's like you think us /biz/raelies aren't in on your stupid shit.
I actually had one retard the other day say that online casinos are already provably fair. Which was the most retarded thing I'd ever heard.

>>11239157
What matters is that the price DOES NOT MOVE, even though IT IS FUCKING LIVE.

The concurrent users on this thing according to dappradar are LESS THAN 50 PEOPLE.

THIS THING IS FUCKING DEAD.

GTFO PAJEET

>>11239063
Do yourself a favor before you sell. Go look at the charts for DOGE, DGB, and Bitbean from the December moon. Those are all shitcoins. They are all dead coins. None of them serve any purpose more, but even still they all had massive, massive gains reaching near or new ATH when the market went bull.

What you have to realize, is largely, crypto is really a giant ponzi. Look at the few hundred coins on Bittrex and Binance. How many of them actually do anything? How many of them have any real world adoption? Cryptocurrency, as an idea, is powerful, but in current practice, it's just a giant ponzi.

So if you're already down, HODL. Don't sell bottom. HODL and wait until the market is bull again, then for fucks sake, SELL, because you know it will dump just as hard again almost immediately. In the mean time, stop focusing on a losing game. Focus on making money through work or other side hustles, then come back to crypto when it's bull. Also, set some limit sells to dump your bags if for some reason FUN pumps and dumps massively for some random reason, like relation to a exchange hack.

Love,

Lain

>>11239214
I've been waiting to sell for at least the last 3 months, waited for it to go live, because SURELY that should have a positive impact, right?

Well, it doesn't.

At least I have some other shitcoins and I'm gonna get a job soon for more disposable income.

Currently thinking about buying either RLC, Link, just ETH or BAT.

Which one of these should I take?

>>11239257
Before you ask yourself about what you should buy, you need to ask yourself if you should buy anything. Are we in a bear market or a bull market? What evidence do you have for there being a coming bull market? At what point (ex. BTC breaks X resistance and holds above it for Y amt of time) would you say we are in a bull market?

If you can't answer these questions, you shouldn't buy shit, and you should just wait. Wait either for a definite sign that the market is reversing to bull, or wait to buy until Bitcoin, or one of the major alts, falls to long term historical support, holds it, and shows signs of bullish reversal on the daily.

Personally, I don't think we will be full bull again until Bitcoin falls to -85%. This would be in line with the long term parabola break that occurred in January, which indicates a -85% dip with high likelihood. If this is the case, we're looking at another 8-12 months of bear.

cont....

>>11238602
ok, go play their dice then if you can win

>>11239397
If you really are that impatient, I would say range trading. Go on Trading View and look at all alts on Binance and Bittrex. Ignore 95% of them, but look for the very few that are consistently ranging in a 10 to 15% range on the daily. Then, simply buy at the bottom of the range, or slight break under the range, then sell at the top of the range.

The danger in this, is that these alts are ranging while Bitcoin is going sideways or only making small hills, but as soon as Bitcoin dumps, these alts will dump as well, and their ranges will then be broken. To account for this, set laddering stop losses for if the range is broken. You might get stop hunted, but if you take a -10% stop loss after five successful, compounding buys and sells on the daily, it won't matter much.

And again, look at the Bitcoin chart. Look how tight it has been ranging the last six weeks. A big move is likely soon. And until we see some proof otherwise, being in a prolonged bear market, it will likely be bear. Don't be impatient. Money comes to those who can wait until the time is right, not those who rush in desperation. Maybe take a break and go do other things for a bit, if you're feeling like crypto is an addiction for you.

Love,

Lain

>>11239214
this is good advice but FUN only goes one way; down.

Casinofair doesn't even appear in Google results when I google for "Casinofair"

>>11236713
So you can gamble while you gamble

>>11236775
>>11236810
LINK is next