FUNFAIR: The Ride Is Far From Over Despite Bittrex Delisting News
Diversification is key, but how many of us have our favourite cryptocurrency?
One whose product, team and goal excite you and drive you to make it your biggest investment (without going all in)?
FUNFAIR is that coin/token for me. I am not a gambler (cryptos aside) but I really like that FUNFAIR aims to change how online casinos operate. Fairer, faster and cheaper and with a first class and professional team, it has quickly become my number on Alt coin.
I was lucky enough to buy it close to its ICO price and too cautious and I suppose too greedy to sell when it increased by 1200% (I'm hodling for a year at least).
So when this January/February (who knows how long) correction was compounded by news that FUNFAIR would be delisted from Bittrex, I went scrambling to Telegram, Reddit and of course Blockfolio to check the price.
I learned that yes, on February 9th, Bittrex will indeed be delisting FUNFAIR and with no explanation from either Bittrex or FUNFAIR, we can only guess the reasoning. The rumour that the Securities and Exchange Commission are looking at Bittrex and coins that could be regarded as securities could be the reason, but rather than speculate, although I guess we are all speculators, I would like to highlight something positive
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From Feb 6th - 8th, FUNFAIR will be showcasing their platform at the world's biggest online gaming conference and FUNFAIR will be located nicely next to the door and the bar.
Without shilling it too much (well ok, maybe a little too much), FUNFAIR is primed for an exciting few months, with or without Bittrex. The fact that the FUNFAIR price has consolidated and risen in value after the news while RISE (also being delisted for airdrops possibly) has fallen by over 20% in a 24hr period hopefully provides confidence in a very volatile and, for many, a panic inducing period.
FUNFAIR is currently sitting at about 660 satoshi and can be currently bought on various exchanges including Bittrex (for now) , Binance and Bitfinex
What coins are you taking a gamble on and what are your thoughts on the Bittrex delisting?
As always, please do your own research and only invest what you can afford to lose.
Bittrex and funfair should make a statement explaining what's up. This reflects poorly on both parties.
FUNFAIR say that they are unaware of the reasons and are no doubt focusing on ICE, but would Bittrex act without reason and if it is about the SEC why start with FUNFAIR?
What I do know is that despite this news, I do not know of a more professional development team.
I agree funfair has a great team, project, tech and vision. I also own a significant amount of fun and use bittrex. However Neither made a proper statement and i find it hard to believe everyone on the Funfair Team where unaware. Also setting up for a trade show is important...but not as important as being delisted on a major exchange and is not a justifiable reason. I'm annoyed at both of em.
But....I have been using this opportunity trading in and out of fun on the dive and now own 25% more units of fun. I still believe in the team, project, vision. The price is pure speculation at this point and i hope to increase my position another 25% before the product launch.,, and the cheaper the price gets the closer i get to my goal. :) Check out my funfair post from November.
I will do. I've been holding my FUN and resisting the trades as I am a total jinx
small bites that wont kill you. right now the news is not good and the general attitude in the crypto world is not good. just sold 10k fun at 660 sat when we were talking. The flow of the orders seems bearish put a buy at 637 ready to canacel and place in the 620's.
and filled at 629
and now the orders come back at 649
@billmega feel free to drop a link