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/biz/ - Business & Finance


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6366698 No.6366698 [Reply] [Original]

Any chance of this going up tomorrow?
I need to free up some money and this is looking like the weakest link, if all people can talk about is February 8th.

>> No.6366767

>>6366698
if its before the day of the convention you have time to buy back later. There is no reason for FUN to peak to anything meaningful for you to care just sell now. buy back later.

>> No.6366904

>>6366698
At least wait for this to go back to .20

>> No.6366975

>>6366904
How long do you reckon? I'm in the same boat as OP

>> No.6367016

>>6366698
Nope, I don't see it moving up. There is lots of sell pressure right now and the price seems pretty stable. This is a HODL coin.
t. 10k funlet here

>> No.6367029

>>6366975
idk I'm no time traveler but it tends to bounce back to .20 every couple days. I'm just gonna hold to be safe

>> No.6367059

>>6366767
>>6367016
k then half of it is going into HPB

>> No.6367076

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

>> No.6367171

>>6367076
>how big a few things are
>$150 million per year
There's faggots on biz who have made more than that....

>> No.6367290
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6367290

Lmao kill yourself if you own FUN. pic related. Buy LINK while you still can fagjeets

>> No.6367385

>>6367290
I have link and fun you homo. I'll sell the fun stack at 50 cents and not a moment before.

>> No.6367493

>tfw no one even wants o buy this junk from me
I place a sell order and before it can go though the price is lower

>> No.6367550
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6367550

>>6367493
>I place a sell order and before it can go though the price is lower

>> No.6367552
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6367552

>>6367385
*Pls ignore if you have LINK*