Quote from: pawanjain on Today at 09:04:38 AM

Quote from: dwyane36 on February 18, 2023, 02:08:15 PM

Quote from: Mahdirakib on February 17, 2023, 06:35:03 PM

Quote from: pawanjain on February 16, 2023, 04:12:29 PM

Example: It may become 1 RP = 0.75 sats or 0.5 sats but they wont increase it to 1 RP = 1.5 sats
So it's better to exchange it now while the exchange limit is reasonably well and enjoy the 4% APY on it.

They aren't going to decrease the exchange rate of RP. Because we receive most of the RP by playing the multiply BTC game. And the wagering ratio for getting 1 RP remains same always. We (some forum members) had some discussions about it with TheQuin a few months ago when Bitcoin price was above $50k. Anyway, it is always better to exchange the RP into BTC for getting the benefits of 4% APY.

You're right. The RP exchange rate and wagering size for getting 1 RP in the hi/lo game didn't change even when BTC was $68k. However, I guess if BTC rose to $250k-$500k one day, the freebitcoin team would probably make some adjustments. Even if the freebitcoin team doesn't plan to change the RP exchange rate, they will at least continue to reduce the size of all prizes in the wheel of fortune, including the RP prize. The prize would probably be only 1-2 RP in that case.

Yes ofcourse. We have already seen how the reward amount changed from when BTC price was around $68k to when BTC price was around $17k.
So it's quite obvious that the base reward will reducing as the BTC price increases and vice versa.
I wonder what they will do to the exchange price of 1 RP = 1 Satoshi when BTC price crosses $500k.

Yes, I also think that of course the RP exchange rate will be reduced if the Bitcoin value can reach $ 500k because the amount of $ 500k is not a small amount so it is impossible if the 1 RP exchange rate remains the same as 1 Bitcoin.
Maybe the Freebitcoin team will also reduce all prize amounts to be smaller if indeed bitcoin is worth $ 500k and we don't know what they will do if that happens but I'm sure the Freebitcoin team already has and prepared a big plan for Bitcoin when it's in that price.