Topic: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting - page 40. (Read 464737 times)

If Fortune Jack still proceed withdrawals in other payment methods fine, the halt in USDT won't be a big matter. It is a good temporary solution to prevent exploitation on the platform in chaotic time with that stable coin. When a crisis is cool down, USDC is confirmed as fine again, they can open withdrawal again. It's not a big deal for Fortune Jack and somehow will be better for their users as well as for USDC too.

Bankrun when occurs is terrible and unstoppable that will trigger a death spiral like Terra, FTX exchange and some banks in the USA. recent days (I don't imply about Fortune Jack)

Most of the holders want's to make their money safe and I guess FortuneJack knows that there would be a massive USDC withdrawals in their platform that's why they halt all of the deposit and withdrawal transactions of USDC in their platform. I understand that they need to act fast but it would be better to give a warning to their gamblers that they will have a halt in USDC transactions. This could happen again in any crypto platform including Fortunejack. Though I doubt that this will affect their reputation.

I cannot deny the fact that people whose USDC balance gone will be worried  especially when scam of casinos happen everywhere.  Fortunejack should have given a notification email to its users about the temporary suspension of USDC and at the same time should have given a noticed that due to the suspension, their USDC balance won't reflect.  The way fortunejack tackle the USDC issue is somehow unprofessional even though we know that this Casino is proven to be reputable.

This action made lots of USDC holder worried, and I believe FJ should at least make-up for the fuss created by the sudden suspension of USDC that cost a lot of worry from its user as compensation for the abrupt action of their management when all things is back to normal.

The Multi Master, yeah...  I meant a real facility in a sports betting site's website where we can make our picks just like FJ's Majestic 7. 

As for how it would look like, I'd make it a full event prediction contest that picks not just the winner but the method of victory too...  If it's via KO/TKO, via submission or via decision.  It's not as easy as it looks to get more than 50% of winners and the method of victory right every week.

Don't worry, friends, everything will be fine if USDC has recovered its value and don't worry, FJ has been here for a long time and has earned good trust from the forum community.
This is not your fault nor is it FJ fault, it's just that there is currently a problem with the USDC rate.
Try to be patient for some time and I hope your problem is resolved soon

It's +EV, no question! Anyone who needs explaining for that... the explanation's wasted on them.

You do know there is something similar for MMA on another book at this forum, though, right? I play it every time there's an event. Even managed to knock down some freebets there too. Picking the winner, though, rather than a scorer.

For you, how would a MajSev look like for MMA though? It'd have to be a count on something rare like a goal.

Here's the thing about Majestic 7 tho, it's freerolling a chance to win 10k which really should be or is +EV.  No matter how the odds are stacked against you, as long as the outlay is 0, you have nothing to lose and everything to win.  So it's an auto join for as long as they keep it up every match day of every season.

I've been pushing for something like this but for MMA...  I think with how the UFC is becoming more popular, some books could make their own Majestic 7 type freeroll to get everybody's attention.

I too understand point of view but they have suspended the USDC transactions so you can't withdraw or deposit it. If it was that they only suspended the gamblers from gambling with USDC, then it would have been a different case.

Anyhow, I see that USDC is now recovered to 0.98 and it is a fast recovery. I hope it will again peg to one dollar and hopefully fortunejack resume the transactions.

There, you understand it very clearly! It would be right to give clients the choice to withdraw funds (not necessarily to Binance and Coinbase) and decide whether to sell out at a discount or wait for what happens next. I don't have much money on FJ, but the very fact of such an attitude did not please me. I came to this thread hoping to see a coherent explanation of the situation from FJ.

^^ It appears that USDC coin transactions have been disabled due to the suspension of USDC conversions by Binance and Coinbase, which I assume FJ uses their APIs. However, I am confused as to why FJ removed user balances. It would be more logical for users to still have access to their balance, even if transactions are disabled. Additionally, it is not good to keep users in the dark. FortuneJack should promptly issue an official statement on what will happen to the user's balances.

FortuneJack is legit and they are not stealing your funds but I must admit I don't like how they handled it if everything you said is true. I understand that USDC is in problems due to well known factors and I also understand that FJ doesn't want to do anything with USDC at the moment. However it would be much better if they stopped all business with USDC except for withdrawals.

Now I don't believe USDC is gonna go to 0 like some other stable coins in the past but if I had money in USDC there I wouldn't be happy either. For instance you have 1000$ in USDC, you withdraw it meditatively and exchange it to USDT and now have 900$ in USDT but feel much safer. In situation like this you can't do anything but wait and see what will happen. Which is something that does not sit well with crypto educated users who like to be in charge of their fate.

@FortuneJack
I am not aware of your inner workings obviously but I don't see how the situation with USDC is actually bad or risky for your business. Why not allow people to use it? It is their problem if it drops further. Same as for BTC, you are not stopping BTC when it goes up or down with large margins. Why not just let people gamble with USDC regardless of its current price? I feel like this move is putting you more at risk than doing nothing.

Yeah, and Salah missing the penalty, which doesn't happen often. Not that it matters, I had Nunez on. Saw you had Felix, too bad his goal got chalked off.

Last winner? First game of the season actually... and IIRC might even be the season before last! Time is a blur for me, and MajSev is not my thang anymore (if it ever was, I do recall many freebets before).

At least if the situation become stable, and FJ enabled USDC and reinstate the USDC funds, the player had avoided the loss brought about by the sudden collapse of USDC.  I see that it goes as low as 0.87 within the week of trading and now USDC is recovering.  I also think that anyone who had their fund in USDC must be patient, I believe all be resolved as soon as USDC regains its stability.


Just calm down I believe everything will be fixed and return to normal.  FJ had been here for a long time and has proven itself multiple times to be a reputable platform so I believe your funds will be fine.  If they disable USDC permanently I am sure that they will make a way for those USDC holders to get their funds in another form of cryptocurrency.

Yes, i also saw now that there is a little banner stating that USDC transactions are temporary unavailable. There is nothing mentioned that it is disabled forever. Also, this is done in the best interest of the gamblers as USDC has lost it peg and it can create a problem if the situation does not normalize quickly.



I guess you may wait few days and you will be able to do USDC transactions.

No one warned anyone I think. Well now there is already a banner on the website that operations with USDC have been suspended. Yes, not much, I was more outraged by the lack of choice and the reference to Binance which should not be directly related to FJ's decision.

As I see your last few posts, you mean to say that your funds in stablecoin USDC were gone or disappeared as Fortune jack stopped the support for USDC and they did not let you even withdraw the funds. Is this the whole point?

If this is right, then i must say that this is not right on the part of Fortunejack to do so. But perhaps they may have told you before or did you miss any notification from them or did it happen all of sudden, without prior intimation 

Also, how much USDC you had in your fortune jack account?

I am aware of that, and I understand w h e n they suspended USDC. But they might not have suspended it. As a normal platform they could have let me withdraw and then it would have been up to me to exchange USDC at a 10% discount, or wait for it to recover or wait for the USDC scam. But as it was, they took the choice and that's all - that's what angered me.

Seems like FortuneJack has temporarily delisted USDC. There is a reason for doing it. USDC is known as stable coin. But USDC has lost it's stability for the recent collapse of Silicon Valley Bank. The support is referring to the tweet of binance to make you aware of the situation. Perhaps, you have to wait until USDC regain it's stability.
Check this article if you aren't aware of the SVB's collapse: Binance, Coinbase suspend USDC conversions after Silicon Valley Bank collapse

Guys, I don't know how else to explain it. I wanted to place a bet, went into my account but the USDC was not there. Stablecoin itself wasn't in the selection. In which I had funds. I wrote to FJ's support chat, they showed me Binance's tweet and told me that Binance was the leader in cryptocurrency exchange. Then there were questions on my part, what does FJ have to do with Binance's decision? To which I got answers that I understood that there is nothing to talk about with this support person, he is so incompetent in cryptocurrencies.

I have the details of the conversation (saved in the chat). but what is that beckoning? So I wrote here to get an answer from a more official FJ representative.

Did they send you any notification in advance that they are removing USDC?  It is quite surprising that they did not inform you about the update when you have funds in USDC.  Did you try to send a complaint to their support.  When I visit the casino I got a notice that the USDC transaction is temporarily unavailable, temporarily unavailable and being removed is two different things IMO.  Besides your case shouldn't be discussed in a chatroom but rather  should be discussed in customer support chat this way you will be able to disccuss important and sensitive matters.