/biz/ - Business & Finance

FUN being over ten cents defeats the whole purpose of the project.

Use your brains people, are you really going to buy FUN for more than ten cents?

Please explain the purpose of the project I would love to know why you think this.

>>6347053
Can't tell if bait or just an actual brainlet

>>6347188
https://cryptodealer.io/blogs/news/altcoin-of-the-month-funfair-fun

>>6347053
You do realize that you aren't required to buy a whole token in order to use it, right?

>>6347289

You're the brainlet, is this your first day on /biz/?

Don't you mean, thanks me later? Pajeet

>>6347289
>>6347337

It's a copypasta you morons

>>6347009
thanked and thanked

>>6347412
You have too much faith in humanity

A-anon? Can I come to the moon with you?

>>6347009
Choooo chooo
All aboard The fun train
Next stop
>Lamboland

>>6347053
Hahaha

I just need to hit 40 cents to be happy /biz/
Is that a good target for end of January mid feb?

>>6348077
I dont care what happens as long as we get out of this 1k sat shithole

all on board!

should i sell my poe for fun?

>>6348272
yes it's fun turn now

>>6347750
Look at the funbags on that one

February is the month of fun, best accumulate now

>>6347009

>>6347009
Already bought 7k this dip nig

>>6347325
>The ads have a slideshow of our FUN memes
hahaha holy shit

>>6347639
He's right, and if he didn't, I would've scolded those replying retards the same way. It's literally in every other thread (though yesterday it was even worse).

>tfw listened to biz
tell me, will I have fun biz?

>>6347053

Brainlet detected!!! Have you ever been to an actual casino IRL? Have you ever seen a table game with a casino chip worth less than 1 dollar?

1 dollar per token is the natural price for FUN because that is the lowest denominator of actual casino chips. Of course you can fractionalize it if you want to play slots or don't want to bet a lot of money.

But think of how easy it would be to scale this if 1 FUN token was also equivalent to the lowest denominator of Casino chip. Casino's would be able to understand and implement it much better.

Seems like a good team and an actual use and since my whole portfolio is basically betting on an ethereum takeover I own almost 1k tokens, debating buying more but all the shilling on /biz/ has me worried.

So what do you guy's think it'll be end of year? Like a dollar or two?

>>6347188
https://medium.com/@bitcartel/funfair-can-finish-what-satoshi-started-3c728320daf8

Funfair is Satoshi's original vision.

>>6349214

>>6349465

inb4 hurr durr $.010

>>6349511
Try 5$

if only if posting image macros with an icon on it actually increased said icons representation's value.

>>6349214
Realistically speaking the EOY price could be anything from 2 dollars to 10 dollars. It all depends on how fast the public accepts blockchain based gambling, and if FunFair can become the industry standard.
Conservative estimates should lean closer to the 2 dollar mark obviously.
EOM is probably .6 to 1 dollar.

>>6349839

Thanks. That was the kind of answer I was looking for. I'm planning to hodl for the long run but I've just been trying to figure out how much I should put into this coin.

Don't really understand how you can dislike the coin, it has the team and the product

>>6347053
>purpose poster

>>6349919
and the memes

>>6349839
>.6-1 EOM
The February announcement will only make FUN recover back to what it was before the crash we just saw. .18-.22 EOM

I dont think people understand just how big a few things are

1. The top 10 bitcoin casinos, not counting all the other bitcoin casinos, and gambling sites for other coins, process just under $150 million, $1.74 billion a year, just for the top 10. Funfair can 100% grab at least that much. All of these crypto enthusiasts will be using it + the market will grow. So that market plus whatever percent of traditional investment
2. The licensing fees are brutal for traditional software platforms. They range from the flat fee of anywhere from $100,000 - $300,000 and a cut of annual profits to the tune of 10-35% +
3. Cut of player deposits to payment processors 2-5%
4. Chargebacks

The cryptocurrency gambling sites are going to be jumping on this, which is a huge chunk, but look at the percentages of the cut that traditional online gambling sites are paying right now. Minimum minimum fees are $100,000 + 12% and that’s way below what they probably are. Funfair will be charging next to nothing for people to use it’s software. These companies will be coming onboard in droves because they will be saving millions of dollars. I think Funfair will achieve massive market penetration way sooner than people think, and a lot of crypto casinos will switch to it and pop up once they’ve made it available and people start hearing about.

http://bitcoinist.com/2-5-years-3-7-million-btc-gambling/
https://www.gamblingsites.com/blog/much-money-online-casino-make-month-9315/
http://www.gameplayer-casinos.com/2013/03/26/costs-of-starting-an-online-casino/
https://bestnetentcasino.info/en/safe/how-much-money-gets-online-casino

>>6350104
Nice, just bought 100k

>>6350673
I unironically did

>>6347009
not touching it until 900 sats

>>6347289
Some pajeet is going to every coin with the same copypasta

>>6350822
It will never be lower than it is now.

>>6351113
That's what you said at 1200 sats pajeet

>>6350822
>He's waiting for it to go even lower than it was when the entire market crashed so weak hands could try and ride the ETH wave.

It would have bomb and get denied its license and not be adopted for it to go lower than this, at which point its not even worth investing in.

>>6351506
ya

Let it go back yo 5000 again I wanna buy more

>>6351628
You're delusional if you actually think that's going to happen.

>>6351628
You've heard it already but this isn't a pump and dump coin, there have been no moons followed by huge corrections. If you think that 1000 isn't the floor right now then you're mistaken. 1100 would have been the floor if not for the crash.

So here's a stupid question. One of the appeals is that this supposedly allows you to have "provably fair" odds.

How do you actually prove that?

>>6351797
You can look at the game's code.

>>6351797
transparency of code

walk into a casino in vegas and all the slots and shit are programmed with specific odds.

FUN will provide transparency for the games you play on the platform so the publishers can prove their shit is fair. Current generation online casinos you are literally just trusting that they aren't assfucking you with rigged odds

>>6347053
God I love this pasta, thank you BAT fudders

>>6351797
Look up Satoshi Dice and you'll understand how easy it can be.

>>6347009
I'm waiting for the ZCL/BTCP fork then dumping my ZCL and going balls deep in FUN. I hope to god this happens before the February release.

I can't do much more wagecucking brehs.

>>6351912
I will be honest. I bought into FUN at .10 thinking it was a pnd. I did some reading on the coin and it proved itself to me. I know we will be at a minimum $2 in the year. There is a need to be filled with FUN.

>>6351899
>>6351912
>>6352042
Makes sense. It's interesting that people would gamble online without that kind of security. But then again, of the people playing these casinos, who would actually take the trouble to pore over the game code?

Just bought 1k tokens. I don't gamble, but it sounds like it has potential.

>>6351732
>>6351741
why now? is there pending news? this is what I got from my research

>The team will be expanding from ~30 to ~50 by Q1 2018
>Stefan Kovanch (headed marketing for PokerStars) will be joining as a brand/marketing consultant.
>FunFair has cash on hand to operate for one year. Additionally, they have an 85,000 ETH war chest in their reserves.
>The team will have the tech completed Q1 2018, with a rollout to a casino operator for a full casino launch Q2 2018.
>They're in the process of acquiring licenses to be a casino tech licensing entity in three jurisdictions: UK (home state), Malta, and Gibraltar.

still, not a bad place to enter for a trade to go to the upper value of the range it is in currently

>>6351438
It only dropped this low because of korean FUD you moron.

>>6351438
Literally everything dropped you twat. Had it not been for the Korea situation, we'd still be at the 18c floor.
An outside, unpredictable circumstance is not proof that the coin should have gone down

>>6352249

I also thought FUN was a meme shitcoin until I actually did my research, read the whitepaper, saw the team they had, and realized this is a solid, long term hold.

third 60-MA price rejection in effect right now, prepare to go up after.

>>6347009
and i bought 999 for like 17 cents, FUCK THIS SHIT

>>6352725
I bought at .10 and then bought more when it dipped after the korean FUD. Good job buying high friend.

>>6352725
February is when they sit down and discuss contracts, just hold it will be fine.

Filled my funbags at 980 how high we going lads?

>>6352876
Needs a fun token shopped in place of the sun

>>6352258
There will be a pump in response to the launch at ICE in early Feb.

Ready for takeoff

INITIATING TAKEOFF IN
3
...
2
...

>>6352725
>Knew it wasn't going to go higher than 20 cents
>Wanted to sell but decided to wait until it was "more stable 20 cents instead of right on the line"
>It quickly plummeted to 18 cents then 14 cents
Yeah try being me for a day

I think I will wait until 850

what are price expectations by tomorrow?

>>6353197
the same it is now

buying at $0.14 is a good deal or am I too late to the party

>>6353197
This dip is a result of Korea FUD, we're already recovering. I'd buy now.

>>6353197
.16

>>6353245
its a great deal

>>6353181
ITS ALL YOUR FAULT FUCKIN PABITCH

>>6353245
It will be $1 by end of march.

>>6353306
kek. she made me lotsa money

she is prolly my fav pajeeta

>>6350090
I mean, this is a possibility, I guess. But February is still a few weeks away, and FUN has yet to break it's uptrend on the daily chart. This is all without mentioning the fact that the only reason we haven't mooned again is because the price has been held down by whales for the past week.

>>6353490
i wish the whales would step off my neck

>>6353181
>those bushy eyebrows
imagine her vagene and armpits

Stop dumping faggots

>>6353490
it already mooned at some point?

>>6353568
mmmmmmmmm
yum..lel

have a good evening all, will keep FUN on my radar

>>6353635
It went from .04 to .08, then to .2 in like a week and a half.

>>6347009
This is a useless shittoken shilled hard by a discord group called "/shill/". they get points for every post and comment they make here, if they don't post every day they get banned. That's why there are FUN posts here 24/7.

it's not because so many ppl like FUN; it's jsut because 50 retards have to shill for it. ...most of the comments being positive about FUN are all from the same group.

>20 shillpoints have been added to your account

>>6353548
But really in the long term, the price being kept in check by whales means that they're accumulating, which also means they believe the coin is promising and it'll have strong support after jumps.

>>6353749
This. As frustrating as it is, it's a positive sign.

>>6353738

Posts by uninformed brainlets like this retard should be a reminder that you should not listen to anyone unless they have actual points and arguments for or against a coin.

"hurr durrr it's just a shitcoin being shilled!" isn't an argument and just proves you actually know nothing about this project or this coin on even the most basic level.

>>6354067
all i know about this shit is that it has a nice logo and good memes kek even put my virgnitiy to invest on it mad shit

>>6353738
See you when you FOMO at 50 cents, poorfag!

100th post rolling for fun >$.5

>>6353548
Don't worry, bro. We will make money along with them. They want you to get impatient and sell to them. Hold tight.

>>6354469
My last two digits represent the price of fun(in cents) when in February after the release.

>>6354958
>when in February
In February ffs.

So happy I managed to get in at $0.10

>>6354353
>nice logo

I actually hate the logo and it's one of the reasons why I originally dismissed this as a shitcoin. Don't get me wrong, i seriously doubt anyone on this board is holding more FUN than me

I just wish they would do a re-branding

>>6354958
Mine will be the price in cents after people sell for correction

>>6347053
Buy in before it reaches $1. Use tokens to gamble. Guaranteed profit. How are people not shilling this shit harder?

>>6355107
Why?

What didn't you like?

>>6355107
same. I came to love this coin for only the right reasons. But seriously, now that I'm all in, we could use some rebranding. The head marketing dude from PokerStars is on board. I am interested to see if this coin's image gets tweaked leading up to the release.

>>6355107
I actually prefer the old one to the new one, I'm not sure why they decided to change it from the logo that actually looked like a casino token.

>>6354958
$0.58
>>6355196
$0.96

Not bad. It'll do for a start.

>>6355107
pic related.

Feb is fast approaching. You poor fags better get in before it stabilizes around 1500 sats.

>>6355222
>What didn't you like?

It's just looks cheap and childish IMO. Someone proposed this design, which looks much more clean and professional to me, even if its not so great for memes.

Anyways, the thing that matters the most is the project and the team and that's what I feel confident about

>>6355366

100% agree with this.

>>6355486
that logo looks like horse shit, kys senpai

>>6355486
too try hard

we're having fun here, not being all corporate

>>6355486
>'looks more professional'
You've got a really shit idea of professional in the gambling scene where flashy, attractive lights are exactly what attract people

>>6356073
>>6355812
>>6355740

i don't want to argue with fellow funbros, i guess we will have to agree to disagree

>>6355486
I like this logo. The name FUN and the actual logo looks like a meme, but I dont care really.

>>6355366
>litterally 5 mins in mspaint

>>6354067
>>6354387
>>6354353
>>6354469
>>6354901
>>6354958
>>6355009
>>6355030
>>6355107
>>6355196
>>6355251
>>6355267
>>6355313
>>6355366
>>6355391
>>6355486
>>6356580
>>6356556
thank you sir, do you want some shill points with your salad sir?

>>6356612
>this is what Ethbet and Stinky Linkies really think
>no one can recognize the coin with the best team in all of crypto

>>6356612
>I have no basic knowledge about the coin

>>6356612

>>6355486
This logo is shit
I like the logo because it's simple and conveys quite precisely what the tokens purpose is, gambling. I think the pink and the font is shit, but the poker chip is perfect.

>>6355486
That's the kind of minimalist garbage logo that some silicon valley startup "chief graphic design officer" diversity hire would shit out.

>>6356612

I really dont like this 1000 sat hovering, I bought 50% at 850 and 50% at 1100

>>6356725
Pink gave us FUN-chan

This is a useless shittoken shilled hard by a discord group. they get points for every post and comment they make here, if they don't post every day they get banned. That's why there are FUN posts here 24/7.

it's not because so many ppl like FUN; it's jsut because 50 retards have to shill for it. ...most of the comments being positive about FUN are all from the same group.

It's obviously nothing than a scam.

>>6356770
>can't actually disprove literally any of the proof people give to shill it
It literally doesn't matter if it was one group, ten groups, or just a bunch of people who love. The fact is that this is likely /the/ coin of 2018.

Even if there was zero shilling, literally anyone who does their own research would realize they're retarded not to put something in this coin.

>>6356770
and this is obviously nothing than a copypaste

no pajeets allowed to buy

>>6356843

just ignore the pajeet

he's posting the same copypasta in even thread and just changing the coin name, even for Dragonchain

>>6355486
I think the name is bad too to be perfectly honest
It's not going to change because I'm pretty sure Jez loves it
But if this had a better name and logo it would be worth so much more
But I wouldn't have been able to afford over 100k

>>6357183
>I think the name is bad too to be perfectly honest

I think the name is perfect, it is short and describes the purpose of the project, fun and fair online gambling.

there's no point to arguing about the name as they aren't going to change it, but it is in serious need of a professional rebranding

they already re-branded it twice, it still looks terrible IMO

>>6357183
Apple is a pretty stupid name for a computer but look how far they got.

>>6357389
I know - name doesn't get people's attention though

>>6357401
fair enough

>>6357183
>>6357389
The name is short and to the point although I do agree it isnt the best or most catchy name, also logo can be interpreted as meh.

Society values image and names far too much but its still something you have to realize when investing in coins or businesses.

Guys did it start already up 3% in just a few mins

>>6357925
I need it to stay down, accumulating.

>>6357982
How much do you have/want to have?

>>6357925
STLL RISING

>those big ass sell walls

whales need to fuck off

Just bought 129k fun
How fucked am i

>>6358027
Only 12k.

Would like to hit 30k

>>6358171
if you hold till early feb. not at all. used lambo.

>>6352775
>Bought 30k @ 0.09
>Bought 70k @ 0.13 after korea fud

Fug yea

I LOVE FUN THREADS

>>6358692
Is this legal?

>>6358740
It's a drawing anon.

>>6358861
Looks underage to me
Nice doge ID tho

>>6358740
>>6358896
Is this legal?

>>6359120
where are the FUN logos?

>>6358740
We all want to have fun anon!

>>6359190
I think the dick pumped her with fun juice

>>6359120
not in the UK or australia

>>6358171

>>6347009
buffett says to only invest in products you understand, so I should buy some fun kek

>>6359585
kek nice

>>6352346
>>6352453
HPB is up over 100% though

>>6360070
A few things surviving a crash changes nothing. FUN pumped hard and never dumped originally.

there is significant resistance to any kind of price movement up in the near term, a ton of bag holders from the previous increase are wanting to sell right now. Id hold off on buying in the next few days until a new floor has been established

Only got 1500 fun. Should I just end it all now?

>>6355107
hau mach u has?

>>6347750
No, I dont fuck subhuman chinks