Rollbit.com | Crypto's Most Rewarding Casino 👑 - page 231.

Fatunad

sr. member

Activity: 2296

Merit: 360

Quote from: OcTradism on November 02, 2021, 10:16:08 AM

Quote from: milewilda on November 02, 2021, 09:09:01 AM

Whales would really be always have the advantage when it comes to everything yet they do have the money to spend on which means that they would be always ahead one step compared into those average gamblers with having that kind of investor mindset and yes it does really involved risk but they could really able to patch up their losses if ever it turns out to be bad.

Because whales are rich and they are not hurry to make more money. They have good experience and enough patience. The net of such things help whales to get success and enrich their capital.

Small traders will use leverages and get killed by liquidation on exchanges. Whales don't have to use leverage.
Small gamblers will use high multiplier for their bet, so they face with extremely high risk of loss.

Like on gambling sites with waggering contest, whales don't have to gamble to win, they just need a draw net result to win in wagger contest.

There's so much difference between the two if you do tend to zoom out on larger scale thats why minding it off would really be just stressful.
Those points you had mentioned out were truly accurate talking about with whales which is a bit understandable if you do ask me.

This is why trying to behave like a whale even your resources or finances are way close into the floor will really just make out
silly mistakes. Cheesy

bitgolden

legendary

Activity: 3024

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: Lakai01 on November 02, 2021, 05:27:38 AM

The extremely high prices (nowadays comparable with very expensive real estate) were of course only paid for "particularly beautiful" tulips, so it is comparable with e.g. paintings where the price is so high only because someone wants to pay so much for it.

By the way, also at that time no real tulips were traded but only "property rights", so pretty much what is actually nowadays a NFT.

Source (The wikipedia article covering the tulip mania is very good)

So close yet still so far. I mean we are talking about tulips, even if it was "extremely beautiful" tulip, it was still a tulip. There wasn't only one extremely good tulip, you could get 10 of them together and then create 1000+ of them in a year. So all in all it was still not a unique thing and it was still not like art.

I am not here to defend NFT, I own zero NFT's and never owned any so far, but still I have to accept that it is more like art and nothing like a tulip thing. I get that it could be property rights and that could be the main reason, obviously there wouldn't be that much need for the tulip itself, it was just a way to make money for some people, same as NFT, but still that one made no sense at all.

OcTradism

hero member

Activity: 1722

Merit: 801

Quote from: milewilda on November 02, 2021, 09:09:01 AM

Whales would really be always have the advantage when it comes to everything yet they do have the money to spend on which means that they would be always ahead one step compared into those average gamblers with having that kind of investor mindset and yes it does really involved risk but they could really able to patch up their losses if ever it turns out to be bad.

Because whales are rich and they are not hurry to make more money. They have good experience and enough patience. The net of such things help whales to get success and enrich their capital.

Small traders will use leverages and get killed by liquidation on exchanges. Whales don't have to use leverage.
Small gamblers will use high multiplier for their bet, so they face with extremely high risk of loss.

Like on gambling sites with waggering contest, whales don't have to gamble to win, they just need a draw net result to win in wagger contest.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: rhomelmabini on November 02, 2021, 08:41:55 AM

Quote from: worle1bm on November 02, 2021, 01:02:48 AM

This crypto market is full of risk and we must prefer DYOR before investing in anything as it could give you profits as well as huge loss at the same time and we must be careful and take precautions before that.But these Rollbots have on casino benefits also to the players which is good thing and you can resell them back also at the same time.

I'd say a there's too much risk involve but on the other there lies the opportunity as well, it's just a matter of timing, the patience, and the right product/s to invest with. Rollbots has utility and since it's an established casino there lies opportunity in it but right now more like the whales got the upper hand considering how huge the price of every Rollbots.

Whales would really be always have the advantage when it comes to everything yet they do have the money to spend on which means that they would be always ahead one step compared into those
average gamblers with having that kind of investor mindset and yes it does really involved risk but they could really able to patch up their losses if ever it turns out to be bad.
So its a matter of choice whether they do engage or not its up to someones risk management and since its their money then its their decision whether they do dive in or not.

rhomelmabini

hero member

Activity: 2058

Merit: 578

No God or Kings, only BITCOIN.

Quote from: worle1bm on November 02, 2021, 01:02:48 AM

This crypto market is full of risk and we must prefer DYOR before investing in anything as it could give you profits as well as huge loss at the same time and we must be careful and take precautions before that.But these Rollbots have on casino benefits also to the players which is good thing and you can resell them back also at the same time.

I'd say a there's too much risk involve but on the other there lies the opportunity as well, it's just a matter of timing, the patience, and the right product/s to invest with. Rollbots has utility and since it's an established casino there lies opportunity in it but right now more like the whales got the upper hand considering how huge the price of every Rollbots.

Lakai01

legendary

Activity: 2520

Merit: 3054

Wheel of Whales 🐳

Quote from: bitgolden on November 01, 2021, 06:29:27 PM

There is a bit of a difference though. In the tulip mania, people bought tulips, like literally tulips, it is nothing original

The extremely high prices (nowadays comparable with very expensive real estate) were of course only paid for "particularly beautiful" tulips, so it is comparable with e.g. paintings where the price is so high only because someone wants to pay so much for it.

By the way, also at that time no real tulips were traded but only "property rights", so pretty much what is actually nowadays a NFT.

Source (The wikipedia article covering the tulip mania is very good)

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: lienfaye on November 01, 2021, 11:18:04 PM

Quote from: Lakai01 on November 01, 2021, 02:16:55 AM

Quote from: worle1bm on November 01, 2021, 12:43:27 AM

It's all the hype and when the trend is offset you would find it hard to sell them at high prices like the current scenario.The investors are ready to pay such huge amounts to buy some artworks was never imagined before or say 1-2 years back but now it's all happening in reality.

It's just like back in the tulip bubble. As long as there are people who want to pay (huge amounts of) money for goods, these goods will be traded. The problem I see with NFTs, however, is that here too the hype will probably collapse completely in the near future and you probably won't be able to put your expensively purchased images up for that price for a long time.

Thats why its a must to always DYOR before engaging yourself because it has risk, either you'll gain from it or lose your money for buying. Because not all NFT projects are good to invest in unless it has a use case that can sustain it. The reason why Rollbot NFT's are better investment aside from the privileges for owning, you can sell it anytime on their own marketplace.

This crypto market is full of risk and we must prefer DYOR before investing in anything as it could give you profits as well as huge loss at the same time and we must be careful and take precautions before that.But these Rollbots have on casino benefits also to the players which is good thing and you can resell them back also at the same time.

lienfaye

hero member

Activity: 3024

Merit: 629

Quote from: Lakai01 on November 01, 2021, 02:16:55 AM

Quote from: worle1bm on November 01, 2021, 12:43:27 AM

It's all the hype and when the trend is offset you would find it hard to sell them at high prices like the current scenario.The investors are ready to pay such huge amounts to buy some artworks was never imagined before or say 1-2 years back but now it's all happening in reality.

It's just like back in the tulip bubble. As long as there are people who want to pay (huge amounts of) money for goods, these goods will be traded. The problem I see with NFTs, however, is that here too the hype will probably collapse completely in the near future and you probably won't be able to put your expensively purchased images up for that price for a long time.

Thats why its a must to always DYOR before engaging yourself because it has risk, either you'll gain from it or lose your money for buying. Because not all NFT projects are good to invest in unless it has a use case that can sustain it. The reason why Rollbot NFT's are better investment aside from the privileges for owning, you can sell it anytime on their own marketplace.

bitgolden

legendary

Activity: 3024

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: Lakai01 on November 01, 2021, 02:16:55 AM

Quote from: worle1bm on November 01, 2021, 12:43:27 AM

It's all the hype and when the trend is offset you would find it hard to sell them at high prices like the current scenario.The investors are ready to pay such huge amounts to buy some artworks was never imagined before or say 1-2 years back but now it's all happening in reality.

It's just like back in the tulip bubble. As long as there are people who want to pay (huge amounts of) money for goods, these goods will be traded. The problem I see with NFTs, however, is that here too the hype will probably collapse completely in the near future and you probably won't be able to put your expensively purchased images up for that price for a long time.

There is a bit of a difference though. In the tulip mania, people bought tulips, like literally tulips, it is nothing original, I could spend a million dollars right now and can build a farm that is enough to cover all the tulip needs of most regions let alone nations, it is simply just tulip. Whereas this is art, art could be worth 1 dollar, could be worth 100 million dollars, it is subjective and it is not something that is set in stone.

You can just copy paste it, I mean you "could" but it wouldn't be yours, it would be other peoples art that you are just copy pasting but ownership belongs to just one person. Very recently, a famous person sold a drawing of himself for nearly 5 million dollars, do you believe that could ever worth that much money? Of course not, but someone did, it doesn't have to be so that you could resell it higher, it is simply just something a rich person did, that is all there is to it in art.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: aysg76 on November 01, 2021, 04:23:14 AM

Quote from: arallmuus on October 31, 2021, 08:47:59 AM

Ikr but what Im trying to point was that the similar Rollbots with exactly 20% Rollback ( obviously this is what all the high rollers are aiming for ) was sold at lower price ( way lower in fact ).

Yeah i know this but as we know the buyer sometimes just pay extra because they liked it even if the benefits are the same to others.These NFT's are creating some mind boggling pieces and what seems Normal to us might be very rare and good to others.So this can be answered by only the buyer.

That could be one of the reason. The other reason that I could think of is that the buyer doesnt know that he could get them for a way cheaper price because that was probably the only one available at that time. Yeah its pretty rare though, I just checked it on opensea and apparently there are only 75 pieces of Rollbots with 20% Rollback that probably including 25 unique Rollbots

Quote from: Eureka_07 on November 01, 2021, 09:45:32 AM

There on a trade like this, there will be always a winner and a loser between investors. One that bought it cheap and was able to sell it on higher price

Yeah but in term of NFT, pretty sure as long as you love the 'art' then its still good for you isnt it Tongue

although Im pretty sure most people are looking to flip some profit for sure

Eureka_07

sr. member

Activity: 1764

Merit: 260

Quote from: Lakai01 on November 01, 2021, 02:16:55 AM

Quote from: worle1bm on November 01, 2021, 12:43:27 AM

It's all the hype and when the trend is offset you would find it hard to sell them at high prices like the current scenario.The investors are ready to pay such huge amounts to buy some artworks was never imagined before or say 1-2 years back but now it's all happening in reality.

It's just like back in the tulip bubble. As long as there are people who want to pay (huge amounts of) money for goods, these goods will be traded. The problem I see with NFTs, however, is that here too the hype will probably collapse completely in the near future and you probably won't be able to put your expensively purchased images up for that price for a long time.

Always happen before even until now. There on a trade like this, there will be always a winner and a loser between investors. One that bought it cheap and was able to sell it on higher price and the one who bought it and having a hard time to sell it on at least a profit price. Of course that's the pov when it comes to money, but if they just want to have it, there could just be the winner if they're satisfied on what they bought.

crzy

full member

Activity: 2128

Merit: 180

Quote from: Lakai01 on November 01, 2021, 02:16:55 AM

Quote from: worle1bm on November 01, 2021, 12:43:27 AM

It's all the hype and when the trend is offset you would find it hard to sell them at high prices like the current scenario.The investors are ready to pay such huge amounts to buy some artworks was never imagined before or say 1-2 years back but now it's all happening in reality.

It's just like back in the tulip bubble. As long as there are people who want to pay (huge amounts of) money for goods, these goods will be traded. The problem I see with NFTs, however, is that here too the hype will probably collapse completely in the near future and you probably won't be able to put your expensively purchased images up for that price for a long time.

This is why I only invest on NFT with a real purpose in this market just like on NFT games and here with Rollbot, you can have more privileges and received more reward because of that, its just that its too expensive well a reasonable price to enjoy such VIPs benefits. Though I agree with the hype, so don’t just invest always do your research because not all NFT are good to buy.

aysg76

legendary

Activity: 1974

Merit: 2124

Quote from: arallmuus on October 31, 2021, 08:47:59 AM

Ikr but what Im trying to point was that the similar Rollbots with exactly 20% Rollback ( obviously this is what all the high rollers are aiming for ) was sold at lower price ( way lower in fact ).

Yeah i know this but as we know the buyer sometimes just pay extra because they liked it even if the benefits are the same to others.These NFT's are creating some mind boggling pieces and what seems Normal to us might be very rare and good to others.So this can be answered by only the buyer.

Quote from: Lakai01 on November 01, 2021, 02:16:55 AM

It's just like back in the tulip bubble. As long as there are people who want to pay (huge amounts of) money for goods, these goods will be traded. The problem I see with NFTs, however, is that here too the hype will probably collapse completely in the near future and you probably won't be able to put your expensively purchased images up for that price for a long time.

But this one don't seems to burst easily as more and more parties are becoming interested in these trends and you know they have gone too far and have created big community to support them and having some more utilities to enjoy them and gain profits from them as well.

Lakai01

legendary

Activity: 2520

Merit: 3054

Wheel of Whales 🐳

Quote from: worle1bm on November 01, 2021, 12:43:27 AM

It's all the hype and when the trend is offset you would find it hard to sell them at high prices like the current scenario.The investors are ready to pay such huge amounts to buy some artworks was never imagined before or say 1-2 years back but now it's all happening in reality.

It's just like back in the tulip bubble. As long as there are people who want to pay (huge amounts of) money for goods, these goods will be traded. The problem I see with NFTs, however, is that here too the hype will probably collapse completely in the near future and you probably won't be able to put your expensively purchased images up for that price for a long time.

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: Taskford on October 31, 2021, 06:07:32 AM

Quote from: aysg76 on October 31, 2021, 05:54:00 AM

Quote from: arallmuus on October 30, 2021, 05:54:19 PM

Quote from: aysg76 on October 30, 2021, 07:10:43 AM

Rollbot #3137 is sold for $31.5k which is big amount and you could check yourself for more stats to find information regarding them.

https://www.nft-stats.com/collection/rollbots

That was way overpriced and the seller was pretty damn lucky to be able to sell that. People seems to overestimate Rollbots that have 20% rollback boosts but seriously I found two similar Rollbots with 20% rollback that was sold for 4 eth (#6048) and 10,000 usdc (#5041). I'd rather get my hands on one of the 25 unique Rollbots if I have $31.5k

See i don't think any of those nft overpriced now because i have seen some pixel arts selling for million dollars easily and people refusing to sell even at those prices also Grin

so this is usual now so not going that way.All the investors will not think the way you are as having 25 for $31.5k to sell them later at more profits as you are saying about the rare ones.

I'm curious to know on what will happen if NFT hype fade out and if they can able to sell that piece to what price they bought or more than that, But I believe this craze will not easily fade out since many celebrity and other big institution are creating their own NFT's then competing with other existing so let see if we could earn richest from this as I hold several piece at the moment.

It's all the hype and when the trend is offset you would find it hard to sell them at high prices like the current scenario.The investors are ready to pay such huge amounts to buy some artworks was never imagined before or say 1-2 years back but now it's all happening in reality.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: aysg76 on October 31, 2021, 05:54:00 AM

Quote from: arallmuus on October 30, 2021, 05:54:19 PM

-snip

See i don't think any of those nft overpriced now because i have seen some pixel arts selling for million dollars easily and people refusing to sell even at those prices also Grin

so this is usual now so not going that way.

Ikr but what Im trying to point was that the similar Rollbots with exactly 20% Rollback ( obviously this is what all the high rollers are aiming for ) was sold at lower price ( way lower in fact ). The two other boosts doesnt really matter because once you link your profile with any Rollbots for the Rollback boost then you can no longer use it for the two other benefits

Taskford

hero member

Activity: 2520

Merit: 783

Quote from: aysg76 on October 31, 2021, 05:54:00 AM

Quote from: arallmuus on October 30, 2021, 05:54:19 PM

Quote from: aysg76 on October 30, 2021, 07:10:43 AM

Rollbot #3137 is sold for $31.5k which is big amount and you could check yourself for more stats to find information regarding them.

https://www.nft-stats.com/collection/rollbots

That was way overpriced and the seller was pretty damn lucky to be able to sell that. People seems to overestimate Rollbots that have 20% rollback boosts but seriously I found two similar Rollbots with 20% rollback that was sold for 4 eth (#6048) and 10,000 usdc (#5041). I'd rather get my hands on one of the 25 unique Rollbots if I have $31.5k

See i don't think any of those nft overpriced now because i have seen some pixel arts selling for million dollars easily and people refusing to sell even at those prices also Grin

so this is usual now so not going that way.All the investors will not think the way you are as having 25 for $31.5k to sell them later at more profits as you are saying about the rare ones.

I'm curious to know on what will happen if NFT hype fade out and if they can able to sell that piece to what price they bought or more than that, But I believe this craze will not easily fade out since many celebrity and other big institution are creating their own NFT's then competing with other existing so let see if we could earn richest from this as I hold several piece at the moment.

aysg76

legendary

Activity: 1974

Merit: 2124

Quote from: arallmuus on October 30, 2021, 05:54:19 PM

Quote from: aysg76 on October 30, 2021, 07:10:43 AM

Rollbot #3137 is sold for $31.5k which is big amount and you could check yourself for more stats to find information regarding them.

https://www.nft-stats.com/collection/rollbots

That was way overpriced and the seller was pretty damn lucky to be able to sell that. People seems to overestimate Rollbots that have 20% rollback boosts but seriously I found two similar Rollbots with 20% rollback that was sold for 4 eth (#6048) and 10,000 usdc (#5041). I'd rather get my hands on one of the 25 unique Rollbots if I have $31.5k

See i don't think any of those nft overpriced now because i have seen some pixel arts selling for million dollars easily and people refusing to sell even at those prices also Grin

so this is usual now so not going that way.All the investors will not think the way you are as having 25 for $31.5k to sell them later at more profits as you are saying about the rare ones.

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: UserU on October 31, 2021, 01:19:57 AM

Quote from: arallmuus on October 30, 2021, 05:54:19 PM

I'd rather get my hands on one of the 25 unique Rollbots if I have $31.5k

Well most of us would wish we have $31.5K on the ready Grin

Sadly them Rollbots are mainly for highrollers or the descendants of tycoons.

We are also hoping to have any one of the Rollbots like hoping for high wins in gambling also Grin

and big whales are paying huge funds to acquire those easily as this one was sold at really cool price and the owner must have made very good profits from this one.

lienfaye

hero member

Activity: 3024

Merit: 629

Quote from: UserU on October 31, 2021, 01:19:57 AM

Sadly them Rollbots are mainly for highrollers or the descendants of tycoons.

Unfortunately thats true. Grin

Even the cheapest rollbot at this moment is not affordable for an average gamblers, unless you have savings to buy one.

Well, those who own rollbot is really lucky. The price is getting expensive not to mention the privileges of owning a Rollbot.

Topic: Rollbit.com | Crypto's Most Rewarding Casino 👑 - page 231. (Read 72499 times)