Real world purpose in a huge industry

Real world purpose in a huge industry.
is this the coin that makes millionaires in 2018?

Hah what is market cap

282 million

Which means this coin will max at a dollar and everyone will have 100k shares

So no millionaire

Are you new to this?

Market cap of around 5bn to make $1

You know how much casinos will have to buy and hold just to operate. Shits literally a no brainer

But you don't know that. Online gambling industry now is worth $50 bil, with FUN it can blow up even bigger.

Invest 5k now and when it's a $10 coin with a market cap of 50bn bang millionaire.

Also whats the name of the dude in the pic? He's so funny XD

but why would casinos want to buy it though

Thats Pepe i think

God ur a moron

hurr durr why would anyone want to know if an online cryptogambling site isn't rigging the shit out of it behind the scenes

it works out for everyone. It increases transparency which in turn makes online gambling more legitimate.

God you’re dumb

>Which means this coin will max at a dollar
This is not how the market cap works, user.

No but it’s how buying works and no one is gonna buy this shit coin when the market cap fluctuates

I'm retarded, how is this number figured out?

This is a good hold because of token burning and casinos needing to buy in for 250 mil

The market cap fluctuates with every single purchase and change of supply. This is true for every single cryptocurrency out there.

People have never cared about that. They didn't care when casinos were physical, the don't care when they are digital. Don't get me wrong, I like FUN, but you have to realize that casinos won't want to implement it, and normies don't care. Can it even get legally approved if somebody sets up a competing FUN-based casino?

Take the current circulating supply (4,249,873,622 FUN) and multiply it with the current price to get current market cap, or with any price to get a predicted market cap. A price of $1 per FUN would yield a $4,249,873,622 market cap if the supply stays the same.

You’re a bit of an idiot my man.

Hence the difficulty getting it to even one dollar

>They didn't care when casinos were physical

As an avid gambler, you couldn't be any more fucking wrong.
Do you know how many times I've heard people yell THIS SHIT IS RIGGED! or something along the lines of how shady casinos are and how online casinos are even shadier?

You're a fucking retard. It also does more than just transparent fairness. Maybe before you invest in something you should do research.

You both are retards incapable of argument

I haven't invested in FUN yet, but I really do like the idea and want to get into it still. I'm just sceptical that this won't be as big of a market as most of you think. Most normies have a complete trust in big corporations, and they're kind of right for being so, since the casinos do get audited at times and it's more profitable for them just to remain honest and enjoy the huge rakes

This thing will go much farther than just legitimizing online gambling. The fate channel tech has greater implications. You're not investing in a casino here, my dude. It's almost like if ETH's smart contracts was something completely different.

Welp, thanks for shilling me, I'll have to dig in deeper in that case

Ill be happy with 25 cents in 2 months

>Hence the difficulty getting it to even one dollar
Don't see the difficulty to be honest. We're seeing transactions every day in the Trillions. A market cap of 4,3 Billion is roughly 10% of BTCs current market cap.

Even if this coin is only worth 1$, that's a huge almost GUARANTEED return of 20x...most investors would kill people in the street for that kind of shit.

And we're talking about a 60 billion dollar industry

Answer me this user,

Prentend I invent a coin called pepe coin. I make 10 of these coins. I keep 1 for myself and sell the other 9 to 9 different friends for $1 each. So market cap is $10. Oneday a normie comes along and wants a pepe coin, but no one wants to sell. Eventually a pepe coin owner decides he will sell his pepe coin if normies pays 10k for it, normie agrees and pays the money. What is the market cap now? 100k? Or $10,009.00?

Right, 5b market cap sounds like a stretch, but on the other hand if online gambling is 50b like user suggested, it might be possible in due time

The overall gambling industry is a huge industry.

Online gambling is sketch as fuck, so fewer people are interested.

Last sold price multiplied by supply. So with 10 coins and a price of 10k, market cap would be 100k.

Also they just sold 250 million to an investor.... follow the money anons, they didn't invest that much just for fun, someone plans on making lots of money off this coin

Your toy case is irrelevant to literally every cryptocurrency currently traded out there.

See guys you don't actually need $50bn to get a market cap of 50bn

Forgot pic. And online gambling might be sketchy for some, but that doesn't stop people from playing.

I think you're overestimating how smart people really are

I never said that. Not sure what you're getting at.

I bought around 28k BZC, how fucked am I?

How high do you guys expect this thing to go in 2019?

1$+

oh 2019, probably 5+

Between 2 and 5 dollars

Holy shit has no one in this thread read the fucking white paper??
A sizeable chunk of the supply will be burnt in the first 2 years of the release.

Take your american perspective and throw it out the window. Rich western countries and gray area countries are playing online casio like crazy. Your everyday 50+ dog lady plays slots with 20%+ house edge and a 250x Wager bonus on her Phone in her fat ass couch

Your point being...?

>reading whitepapers
Take a look around, kid. You're on Veeky Forums. It's all memes here.

I have only 5K. Should I buy more?

Im thinking about dropping another 500~ on FUN

Then the online market cap is very low

This is why americans with no grasp of online casinos will never understand funfair. All they do is look at it from their shitty cigarette smelling indian casino going there for a free buffet with their lousy wife "just playing for fun knowing we will loose"

Meanwhile in europe and asia, online gaming is played on any device imaginable distributed from casino havens with so many tax loopholes ut their sleeve they literally print money .

Funfair is not US based for god sake, read the whitepaper and youll see whos actually behind this shit. If it wasnt lucrative going forward, these guys would just buy x3 casino licenses with fully operational casino APIs out of the box with just different UIs

20x is totally reasonable here.

Think of all the shitty online gambling outfits that can guarantee themselves to be fair with FUN. It has huge use cases.

Why would casinos and online gambling companies adopt this? Don't understand desu

Because it can guarantee a transparent system so the users can't claim their being fucked by the system.
It's just a good tool to give a shady gambling a clean and trustworthy image which'll increase the userbase over time. And that means more income for the casino. There's literally no reason not to adopt this.

holding through the best of times, holding through the worst, my bro's

aren't casino's designed to extort money from people because the odds are stacked against them?

>Because it can guarantee a transparent system
How so exactly? Sorry for asking like this, I just need spoonfeeding.

Idiot, casinos extort money by nature of the games they offer. The odds are stacked against people because sportsbooks offer correctly priced sports to bet on and if people ARE profitable they are limited.

Right there with ya', my dude.

Depending on how it is adopted, it might also attract audiences and gamblers who dont see fit in putting in fiat transfers with 2.5%+ fee like it is now, and having to go through multiple verification steps. It would also speed up this process where deposits and withdrawals are currently A MARKETING POINT in online casinos i.e "fastest deposits" fastest withdrawals etc.

Yes. There will always be a preset "house keep" that gamblers will have to pay. But that should be it. The gambler has to know in advance how much of his win they have to give to the house. It's not so much about secretly taking a bigger piece of the pie than envisioned.
I can only urge you to take a look at a real casino where they kick you out if you don't show up in a suit. Those have clear and defined rules that everybody knows. Those kind of casinos make a shit ton of cash without screwing their patrons. And this is what FUN can do for online casinos as well.

You can follow every transaction on the blockchain. If someone cheats you out of money, you can follow who it was and break their fingers.

Online gambling companies can guarantee that they're not rigged. How is this not a good use?

>Online gambling companies can guarantee that they're not rigged
how exactly?

how does a currency guarantee the casino plays fair? lol

If u play slots like an old casino hag youll get rekt by house edge, but playing casino table games like baccarat or blackjack the house edge can be sub 1%. Look up baccarat winnings in Macau and see why its the most played game. Gamblers will still make dough while 30-40% of a casinos yearly income, gain or loss might depend on a single game of baccarat.

The blockchain shows the transactions basically.

See

Results are not rigged in favor of the house

>still thinks cryptos are currencies only

I'm not sure if that's what FUN does but you could very well write probabilistic events as smart contracts into the blockchain.

Y'all think we're heading in one direction or the other today?
Hasn't changed too much the past day.

Ok ill just say that anyone can start one of these online casinos but in order tp do so they must be solvent. So when every tom dicvk and harry starts buying bulk tokens to fund there games, tokens will be horded something feirce. If you consinder these locked in the way masternodes are then the marketcap isnt really that big because eash casino has to alow for jackpots etc. And all of this will be "provable" because of tbe blockchain tech underlying it

Jackpots are literally POTS, no online casino today is holding an isolated jackpot. 10+ casinos share a pot of X millions of monies, once in a full moon when a jackpot hits on one of these casinos, a fraction of the shared pot is payed out. Jackpots are only for marketing. If some dude wins 20 mil on an online casino - the casino itself does not loose 20mil. Please stop assume landbased casinos in a flyover state has any relevance online

As someone who frequents Mohegan sun, Foxwoods, and Atlantic City, I can tell you I've never heard anyone say "this shit is rigged" - because it's not. Physical casinos are legit and if you think online blackjack, roullete, etc. isn't then you are a fuxking retard. Online gambiling will never ever replace real life gambling.

Inb4 you live in a no casino state

>he's poor and lives in a flyover state

Bitch I lived in atlantic city for 2 years go fuck yourself
You've never sat at a blackjack table and seen people rage and call it bullshit?

also
> Physical casinos are legit and if you think online blackjack, roullete, etc. isn't then you are a fuxking retard. Online gambiling will never ever replace real life gambling.

Are you implying that online casinos are legit?
Because you're definitely a retard then. Online casinos are currently the shadiest way to gamble on the planet.
>Online gambiling will never ever replace real life gambling.

Right, because everyone wants to drive 1+ hours to a casino only to lose their hard earned money instead of doing it on a provably fair website using FUN.

Die in a hole.

Starting off by bringing up a physical casino in USA - any arguement is instantly invalid.

Read up on online gambling globally boy

These lazy fags are just here trying to get convinced on /biz like they have with every coin in their portfolio instead of actually researching good projects and making smart investments then cry when they get called a moron. I'm just gonna stick to quietly killing it. Don't buy fun factors go buy link and ark and req lets compare bank accounts in a year

Fair call, but every funfair casino will have to take a certin amount out of circulation for daily dealings and this will add an extra metric to token value

As a game developer

Does it allow to build, lets say a simple website
www.myawesomeslotgame.com

with no login/password and use funfair api do the job?

Can a user just visit the site and start playing in the next 10 seconds, by juste having a one-click approval from metamask or something?

Yes, but this is currently how online casinos work. They buy a license+support unit+ distributed casino games+ casino API for live games and then basically slap on their own logo and name. Ofc this requires a budget and IT WILL impact the players payout/bonus wagers majorly. Hence "bonus abusers" rather than jackpots are more threating to newly set up stock casinos. These fees would be way lower for a funfair casino, which in return would result in better bonuses

I bought 10k last night and almost sold this morning. This thread made me remember why I bought. Thank god.

I bought it yesterday
$10 EOY 2018
$100 EOY 2019
Let's get a pink lambo in 2020

Yes that’s literally what they’re doing. If there’s any rigging going on the contract is null.

This is an important question

Buying alts at low btc is bad right, so should wait?

It has good support rn at .047 idk, I really want to buy but am waiting it out.

There's nothing wrong with buying alts when BTC is low, as long as they can mantain their satoshi value. So when BTC moons again, alts will follow

Buying a real coin with a real use is never a bad idea. It’s why the weed coins also do so well all the time.

As far as I understood, that is sort of the plan.

it doesnt matter if you're buying with fiat. You're still getting the alt on sale so when btc rises, the alt rises in fiat value.

should I

You guys know there are famous online only poker world champions that take home giant $30 million dollar checks right?

online poker is much different than online slots, online bj, online roulette, etc.

>living in ac

What's it like to be poor?

>he thinks people who think physical casinos are rigged will flock to online casinos

LOL

dubs and ill buy 100k fun

yes you fag that's only like 50 bucks