Topic: Rollbit.com | Crypto's Most Rewarding Casino 👑 - page 55. (Read 72818 times)

Its pretty similar with RLB as well, Aside from the fact that you can use them to bet and earn rakeback if you have X number of RLB on your account which is not something special because you can also get that rakeback from owning rollbots. In term of gambling site however, Rollbit's site has futures option as well as it serves as a single huge pool for RLB which means that you dont have to worry about RLB's liquidity at all unlike all the other casino based token

Anyway, I think alot of player / RLB owner trust Rollbit's management that they will never abandon the NFT holders as well as RLB holders therefore the price just kept increasing

I wouldn't say that I know very much about betfury, though I have sure held BFG in the past, and my experience with this wasn't pleasant at the end, as I had to sell it off at a big loss, else by now, my capital will just be remaining pennies.

Same goes with owl, though I did follow owl for quite a long time, I even played on the casino for a long time as well,  owl is an ether delta kind of decentralized casino (if you remember ether delta back then), and you and I know that gamblers are not really into decentralized casinos at the moment, the tokens from both betfury and owl games had no utility aside just staking and earning some interest, there was no incentives they gave their holders on the casino, like maybe free spins, free bet or something of that kind, so maybe this is one of the reasons why they aren't really doing well today.

Not sure how those two you mentioned market their respective sites but Rollbit is very visible in both CT and the MMA betting community because some of them have dabbled with crypto.  What the sites like Stake and Rollbit got right is that they know that crypto appeals to gamblers, and so they took advantage of it.

OWL and Betfury prolly just marketed mostly the guys who are into crypto and never really tried to go outside their comfort zone.  Another reason might be the lack of budget to make a marketing reach outside of crypto...  Dunno.

Well Im totally not worried with this. In fact I still got few leftovers from my RLB stash that I have sold before and put them in the pool. I totally love it when we are getting new ATH or getting dumped because that will boost the fees that I got from the pool  . Overall its pretty decent because I got more RLB when it dump and more usdt when it pump plus some fees as well

The downside of the pool is that I cant claim those fees anytime I want unless I want to close the pool which is pretty annoying

Is very interesting to see how a casino token is grwoing, i see some othes in the past, like OWL and betfury but seems like they were very small compared to the rollbit one, so im gonna follow how this is develop in the coming months, the main issue is who is in control of the mayority of the shares.

In a long term, the value and price of $RLB token is made up of its use cases and utility. Without good use cases and utility, the token will not have good value and price. In a short term, the general sentiment of cryptocurrency market affects the token price a lot and we know Bitcoin is a King and leader of this market.

In last few weeks, the altcoin marketcap pumps a lot and it means we are going in to an altcoin season. $RLB token definitely gets benefit from the on-going altcoin season.

I think the increase in the price of RLB has something to do with the price of Bitcoin which has increased in recent weeks, I think not only RLB but also the prices of other altcoins have also increased, that's why it's important to look at the price of bitcoin because it is possible that if the price of bitcoin falls there will definitely be a rapid decline in the price Altcoins like RLB will also definitely be affected by the decline more quickly.

I never pay attention to the increase in RLB prices but what you say is true, don't follow FOMO, let alone follow trends, wait until the right time to buy it, at least buy at a cheaper price, don't buy when the price is high because it's very risky, the point is it depends on how we want to invest for the short term or long term, if it is long term it is okay to buy it now or short term it is better to avoid buying at high prices.

With the on going altcoin season, $RLB coin will bounce soon if not make its new all time high.

Price chart on Coinmarketcap gives me thinking that if you are not degen and don't want to take too big risk, you can wait for a while and wait for deep corrections to buy the token.

I am not say the token won't be able to make its new all time high but depends on your taste, like risk, accept risk or prioritize safety, you will have different decision. I will wait for the token dips to somewhere from $0.12 to $0.16 to buy it. $0.12 is a safer entry but it might not be seen in this altcoin season so I am more realistic with $0.16 as my entry.

I don't consider this the best of counsel, it is better if the investor is good with fundamental analysis to check properly what and when to invest. If there is more momentum on the coin, then its ATH where it currently stands might just be a take off point.



I understand retracement, according to Fibonacci principles, has levels known to be norms but what happens when you are waiting for a token that might never get to those levels again, considering the fact that the team is always working hard to achieve higher feats. The way I see it, Rollbit isn't backing down on its services and updates.

You are very correct with all that you have said, indeed utility is not the only feature to look at when selecting a token to invest in, there are other features like the community, the roadmap, the partnerships and so on.

Atleast, we can draw examples from all this meme coins flying around and doing tens to hundreds and thousands of Xs in a day, 99 percent of them have no utility, people simply invest heavily on them based on pure speculation, and the irony of the whole thing actually is that, the meme coins with some form of utility aren't actually doing as much good as those purely based on speculation, does it mean that people don't actually invest in tokens with good utilities?

Anyways, for the time I made the comment you replied to, I think it was a bit late to buy RLB then, since right now, the price have lost more than 10 percent from the price yesterday, and this actually confirms the advice which say investors should never buy a coin at its all time high, cus there is always a very high chance that old investors will cash out and possibly dump the price back down. Though the price of RLB is still doing good at around $0.2 dollars, I personally believe the price may drop further, if the team does not come out with an update that may trigger another buying spree..

Anyways, I will just wait a bit further to see what happens, may buy in if the price drops below $0.15.

Actually 3.105 bilion total supply right now. If you want the exact number of it, you can get that from the RLB dashboard on the rollbit's site. Honestly this shock me as well but the marketcap is actually pretty high right now and my honest opinion on this is that, this is definitely a good casino based token but there are alot of hype and fomo on it therefore the price is rising pretty quick every time Rollbit released a new update / teaser of RLB use case

Well just ride the wave though 

If the token perform like that when there's huge movement happen to the market, how much more if Bitcoin bull run will came or halving season take effect? for sure that RLB is one of those token will have a good run and for sure that its current investor or maybe other seeking some good to hold for this event will accumulate and this will have a good run especially that the dev is doing some nice updates so high expectation of pump for RLB will be speculated by many people here especially to those following this token. Those allegations has been solve and we see how strong their team and committed to their business that's why they get a good standings in this forum and many believe that they are one of the best running casino in this forum.

See I would say $1 is long time to go if we have realistic approach but I may be wrong as well because the bulk investments can easily shift the momentum like we have seen they going to ATH price at $0.2 when there were huge dumps in previous months for the coin due to all the allegations.But I am also thinking with team coming up with more developments and adding utilities to the coin the investors will be lurked to invest in it.

Can I have a reason as to why this token is at all time high price? Is there any listing of this token on any big exchange or is there is some major update on the Rollbit platform. Maybe they introduce any further use case of this RLB token or what else could be the reason of this big pump ?


I think it is still not bad to buy this low value gem at this price. If the token price is near the All time high, when other altcoins are near their all time lows, it shows the potential in this project and it can multiply many X in the next year or so. Only if you can hold this token for the long term, it is not a bad investment, even at the current prices.
 

Totally surprised about RLB
https://coinmarketcap.com/currencies/rollbit-coin/

I have just seen that on yesterday or something this week that this had been that trending coins and now its movement is really that going up.
Dont know about the reason whether there's some huge update to this project or simply the demand just spiked up.  We've seen those pumps and i havent
seen some sort of pullbacks with that rally. For those who had been holding RLB then its really a good money or profit to have.

In speaking about utility then they wont really be that so dumb on speaking about tokenomics and utility but most of gambling based tokens
would really be always basing up on recognition and into its users.

I agree that the time will tell if their strategy to pump the price will be sustainable for them and for their holders as time goes on. We had seen many projects that use the buy back and burn strategy to do artificial pumps because it is logically lessening the supply in the market. Though the sustainability of it is not guaranteed as long as there are no sustainable real use case behind the token. I believe that in order for it to have a demand, it should be actively used by the consumers in a way to burn them and not to return them to the treasury for it to be reused. It just won't work if you asked me. RLB had improved a lot in terms of price since then but I hope that they can keep up the growth until the next bull market.

I do believe that this will have a long term impact on it. I am not expecting anything today right away, that's not how tokenomics works, and certainly not ones like this. However, I do agree that on the long term day by day gradually it will show the difference. When that happens we are going to start to see the difference and the price will change without a doubt. I get that it may not be all that crazy for the time being, but I think it is going to be as good as it gets on the long run.

Well for starters we are talking about inflationary to deflationary, that alone means that instead of having more and more which would drop the value, we are going to have less and less which should increase the value, and also between buy back and the burn? That should not only increase the price by buying back, but also lower the supply by burning as well. These are not a single day changes but they are definitely great stuff for a long term of a token.

I have not really been following the price movement and even the project development in general,  but if the price of the RLB is already near a time high,  it then not wise to buy into the project at this moment,  and rather is best to wait for the price to have done some level of correction before you see what the best but position for the token.

The best approach to these tokens that are considered low gem tokens is when the project is still at its basic then is the right time to hold a large position in them,  but once they launched,  it then becomes a risk all through and just a gamble,  those early birds would have taken all the profits.

There is no missed opportunity in crypto. There are coins which pumped even more than this and we never bought them. Nobody can be in every coin and avail every opportunity. Also, it's never too late to buy a coin which has a good use case but again we should not get into fomo and do not buy RLB at current high prices.


The price of RLB is near is at its all time high and therefore i would not recommend buying it now no matter how good the project is. I am sure, the price will retrace before moving another leg up. If anyone wants to invest in RLB, better watch out for some dump and buy at the nearest support. Also, keep an eye on Bitcoin as if Bitcoin retraced to 30K, we may see a 20-30% dump in the prices of altcoins including RLB.

Hey mate,  don't slap yourself so much because you were on able to choose RLB against the other tokens you chose,  it is what it is regardless and since the market is unpredictable just like gambling results,  you have to always forgive yourself whenever you failed to make the right selection regardless of what the result may be at that point,  and also sometimes utility is not the only feature to look out for when selecting a token to hold,  although the utility is also important you have to check how the token road map fits into your bearable waiting time and how much time you are willing to spend in waiting for the price to reach your speculations.

Secondly, it is not too late to buy any token unless you are sure that the current price is already at a pumped price that will make it impossible to achieve another lent of such a pumped price,  but if it is still at its basic price pick up level,  then you may still be at a gain position regardless what the current market cap is.