Rollbit.com | Crypto's Most Rewarding Casino 👑 - page 65.

BlackBoss_

sr. member

Activity: 602

Merit: 387

Rollbit is for you. Take $RLB token!

Quote from: arallmuus on July 15, 2023, 03:21:08 PM

You should probably know by know that its a stupid idea. Why would they guarantee people to buy their tokens by making promise that they will buyback those token? its stupid. If you think that RLB will not make it then simply dont buy the token, its as simple as that. I personally sold most of my stash like 50% of the current price because I didnt think it will ever be this high in like a year or two but Im not complaining and feel satisfied with it

They have the buy back and burn program to use part of their casino profit to help to reduce the token total supply. It has many effects like convincing people about the solid engagement of Rollbit team for their $RLB token and emotionally investors will feel better when they see the project actually spend their money to support the token.

If you are a project team and already have a successful casino, you will not waste your casino profit, money to buy a token if you don't see good future for that token. In addition, retail investors will look at it and their belief in $RLB would be increased.

If any people are still doubtful about the program, they can look at BNB token and their buy back and burn programs. BNB is one of best altcoins in the last two years of bear market.

goodboyshams

newbie

Activity: 20

Merit: 0

Quote from: holydarkness on July 15, 2023, 11:53:34 AM

Quote from: goodboyshams on July 15, 2023, 12:56:41 AM

I'm being scammed $10,500 and Razer is just letting it happen. Please check thread: https://bitcointalk.org/index.php?topic=5458383.new#new

For everybody's reference, Razer --and through him, Rollbit-- did not just letting it happen. As explained here on the ANN and repeated on your scam accusation thread, the decision was made and taken by the sportsbook provider. As for why the bets on Pinnacle wasn't not voided while bets on that sportsbook did, well that's what we're trying to figure out, but the decision was not made by Rollbit and I don't think there's much that Rollbit can do. Let's keep the discussion on that board so we can stay focused and easily track the development, ok?

ok will keep you guys posted
thanks

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: BitcoinPanther on July 15, 2023, 02:18:34 PM

Quote from: arallmuus on July 15, 2023, 02:05:24 PM

-snip

But if ever the RLB team decided to create a buyback program, it will definitely help the market since it lessen the sell pressure at least. I am still confused why Rollbit team does not implement the RLB buy back system when they are into Rollbots NFT buyback.

You should probably know by know that its a stupid idea. Why would they guarantee people to buy their tokens by making promise that they will buyback those token? its stupid. If you think that RLB will not make it then simply dont buy the token, its as simple as that. I personally sold most of my stash like 50% of the current price because I didnt think it will ever be this high in like a year or two but Im not complaining and feel satisfied with it

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: arallmuus on July 15, 2023, 02:05:24 PM

Quote from: FanEagle on July 15, 2023, 11:51:56 AM

Quote from: BlackBoss_ on July 13, 2023, 01:37:47 AM

In addition, the casino has its buy back and burn program for the $RLB token -snip

The buyback certainly helps but it needs to grow a bit more,
-snip

This is abit misleading, iirc there is no buyback program for RLB token. They did have the buyback for the Rollbots NFT but not for the RLB token. There is a liquidity pool in Rollbit for RLB/usd so that is used for players to buy or sell RLB on site and its not a 'buyback'. So the price of the token is affected purely by market supply and demand

But if ever the RLB team decided to create a buyback program, it will definitely help the market since it lessen the sell pressure at least. I am still confused why Rollbit team does not implement the RLB buy back system when they are into Rollbots NFT buyback. The idea of RLB token buyback may probably bring more confident on the token economics since holders will think that there will be a continuous demand for RLB because of the buyback program if ever RLB owner decided to implement such idea.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: FanEagle on July 15, 2023, 11:51:56 AM

Quote from: BlackBoss_ on July 13, 2023, 01:37:47 AM

In addition, the casino has its buy back and burn program for the $RLB token -snip

The buyback certainly helps but it needs to grow a bit more,
-snip

This is abit misleading, iirc there is no buyback program for RLB token. They did have the buyback for the Rollbots NFT but not for the RLB token. There is a liquidity pool in Rollbit for RLB/usd so that is used for players to buy or sell RLB on site and its not a 'buyback'. So the price of the token is affected purely by market supply and demand

holydarkness

legendary

Activity: 2632

Merit: 1462

Yes, I'm an asshole

Quote from: goodboyshams on July 15, 2023, 12:56:41 AM

I'm being scammed $10,500 and Razer is just letting it happen. Please check thread: https://bitcointalk.org/index.php?topic=5458383.new#new

For everybody's reference, Razer --and through him, Rollbit-- did not just letting it happen. As explained here on the ANN and repeated on your scam accusation thread, the decision was made and taken by the sportsbook provider. As for why the bets on Pinnacle wasn't not voided while bets on that sportsbook did, well that's what we're trying to figure out, but the decision was not made by Rollbit and I don't think there's much that Rollbit can do. Let's keep the discussion on that board so we can stay focused and easily track the development, ok?

FanEagle

legendary

Activity: 2884

Merit: 1117

Quote from: BlackBoss_ on July 13, 2023, 01:37:47 AM

Quote from: avp2306 on July 13, 2023, 12:49:28 AM

Just miss the train but don't want to ride while its still moving up so I guess much safer option to do is to wait for it to dump if many investor will secure their profit or just move on to another since its like buying the this at ATH price. But will continue to follow the price action since its really interesting to see the current price action happening to RLB.

Joining or observing, now or wait, it depends on what you want to do. Trading or investing and if investing, how long will you plan to invest?

I agree that after the tsunami ride of this token, it is safer to stay watching but it is interesting to see the $RLB token has such a tsunami wave in 2023 bear market. It shows that the token has very good potential which is not surprising because it is backed by Rollbit casino.

In addition, the casino has its buy back and burn program for the $RLB token and a bigger Rollbit becomes in future, a more profit from the casino will be used for buy back and burn $RLB token.

The buyback certainly helps but it needs to grow a bit more, because when there are this many people who have it, and not enough people who are interested in buying it, that causes the price to drop time to time, with a bigger buyback and burn program, it could change and with the money they make from gambling income, they could just spend that on buying more and more back, and burning them all.

This way the demand could meet with supply finally and the price will not drop all that much and it could go up a lot when the time comes as well. I know it is not going to be easy to arrange that, but I am sure that it will happen one way or another. This is the way to approach it, and it could definitely make everyone involved a lot of money.

aysg76

legendary

Activity: 1974

Merit: 2124

You are having discussion over there so keep it there only and see what happens next to your case as they have already replied to your post but they might give more details but can't say Rollbit scammed you because the odds were void at the time so they can't do anything about it.

goodboyshams

newbie

Activity: 20

Merit: 0

I'm being scammed $10,500 and Razer is just letting it happen. Please check thread: https://bitcointalk.org/index.php?topic=5458383.new#new

tusandii

hero member

Activity: 1652

Merit: 521

Leading Crypto Sports Betting & Casino Platform

Quote from: aysg76 on July 14, 2023, 11:19:25 AM

The price for token is making some corrections because some people might have sold their stash to cash out profits but I think it can go down a little bit more and then again pump up because of the efforts of team and more usage by players and investors also.So keep an eye on it if you hold your coins.

RLB will always have an erratic price when many people trade it and automatically the nature of RLB tends to increase and decrease quite quickly just like other crypto tokens that are spread on the market.
So far RLB has had a pretty good run and if deciding on a long term investment I would still suggest reconsidering because gambling tokens are hard to predict about future developments.
But I applaud Rollbit for creating an RLB with quite impressive success. I have sold the entire RLB I had and then bought back a small amount when the price decreased with the aim of conducting a trial around 5 months to 1 year in the future whether RLB can have a higher value higher or not.

BlackBoss_

sr. member

Activity: 602

Merit: 387

Rollbit is for you. Take $RLB token!

Quote from: ultrloa on July 14, 2023, 07:35:43 AM

Expect that a huge hype will build up then provably many will accumulate knowing that this is been newly listed on top exchange. But we don't know if they continue to get a strong movements since normally investor will secure their profit if they had enough earnings so maybe we can see at that time if the price would stay strong or the hype drop together with its price. But since good developments are always happening so maybe we can expect good about it on possible top exchange listing.

Tier 1 exchange will come as Rollbit team have enough fund to list the token at a right time. I believe centralized exchanges have no terms against tokens from gambling sites so if a casino has a good project with their native token, they can submit and spend money to list it on centralized exchanges when they see it is good time to do that.

Price has to be corrected after each big wave and we will see correction when the wave no longer has enough momentum to move up more. Corrections are chance to get more tokens if you have money but it can make panic in people who joined because of FOMO and have no idea how corrections are. It is no harm if you plan to hold $RLB token a few years and corrections during those years won't kill you if the project will continue to grow, which Rollbit team are doing for the token development.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: Volgastallion on July 14, 2023, 09:17:31 AM

Quote from: arallmuus on July 13, 2023, 03:19:27 PM

-snip

Thanks man for the answer, do you know, or we have here any user who make some really good money purchasing and trading that boxes?.

Umm me? I made decent profit from that even without the RLB bonuses. Fun fact, I've never even knew that RLB worth that much as it was only sitting in my account and I didnt even consider of moving them out of Rollbit to swap them before Rollbit implemented the in house swap feature. Pretty sure that some other regulars on gambling section made decent amount from that

aysg76

legendary

Activity: 1974

Merit: 2124

The price for token is making some corrections because some people might have sold their stash to cash out profits but I think it can go down a little bit more and then again pump up because of the efforts of team and more usage by players and investors also.So keep an eye on it if you hold your coins.

Volgastallion

sr. member

Activity: 616

Merit: 314

CONTEST ORGANIZER

Quote from: arallmuus on July 13, 2023, 03:19:27 PM

Quote from: Volgastallion on July 13, 2023, 11:58:52 AM

Anyone can explain to me how and when you can earn this NFT or rollbit coins from Rollbit? ITs like a cashback but instead of being a X ammount of money on your account you can choose a NFT?

You cant earn NFT from Rollbit, you need to purchase them. If you are specifically asking about Sports Rollbot that will grant you extra RLB when you purchase them then you need to purchase the unopened box ( refer to the whitepaper regarding how many RLB you will get from purchasing it ). As of now the lowest price for a single unopened box is at $8k

Quote from: Volgastallion on July 13, 2023, 11:58:52 AM

And this its tradeable in the rollbit page itself ? it has slipage? And i read above some change it on some DEX, in wich?

Yes it is tradeable in Rollbit with 0.5% fees. As for the other dex, check them on coinmarketcap

Thanks man for the answer, do you know, or we have here any user who make some really good money purchasing and trading that boxes?.

I know its not the finality of the thing but you know some people always wants to make and extra, but as always in casinos if anyone its making that i think he needs to be carefull because the casino can claim some infrigement on their policies.

virasog

legendary

Activity: 3136

Merit: 1172

Leading Crypto Sports Betting & Casino Platform

Quote from: piebeyb on July 14, 2023, 08:53:06 AM

Quote from: arallmuus on July 13, 2023, 10:30:52 AM

Quote from: piebeyb on July 13, 2023, 04:50:41 AM

Quote from: arallmuus on July 13, 2023, 03:27:40 AM

-snip

-snip

I might be interested in investing and trading RLB if they are added on the biggest Cex exchange site I think rollbit could actually propose that to add a Cex exchange site for their token or indeed they focus more on development and their gambling site only but so far RLB also quite a good investment.

The whole point on moving most of the transaction into Rollbit is actually to encourage people to use their RLB on the site instead of just keeping it in their personal wallet after they swap it on dex. Rollbit might be able to get it on cex but there is no point to do so for now, whats the point of moving transaction away from their site when they could do so and keep all those fees for themselves

Yes, it's also true that it would be nice if gamblers really used RLB to use it on their sites, for example to gamble to buy NFTs or buy something in it so that all RLB holders don't just keep it in their wallets, at least putting it on the site would be better and it could be used to multiply RLB from gambling or other betting games.

But it seems that people are worried when the site has problems like some cases of casinos that disappear and go bankrupt leaving the site, it will be more risky, therefore maybe some people prefer to keep it in their wallet when they are really not confident and get this project suddenly out of business, they can sell it right away without the withdrawal process from the site which might look complicated

I also agree that we should keep our money in our personal accounts and wallets and move only the limited money to gambling sites where we want to gamble. Yes, some sites like Rollbit are more trustable but that doesn't mean that we start to use that site as a wallet to store our money.

Even the most trusted sites can be hacked or may have some sort of issues/problems, hence it is advised NOT to keep your money in any centralized site where you do not have full control over the funds (You must have private keys for your wallets, accessing any site by username/ password means you have no control over your funds).

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: FanEagle on July 10, 2023, 11:36:35 AM

Quote from: lienfaye on July 08, 2023, 07:44:36 PM

Quote from: arallmuus on July 07, 2023, 10:53:49 AM

Most people probably had sold off most of their RLB like months ago after Rollbit implemented the direct RLB buy/sell onto their website so probably the sell pressure would be way less than a month ago. Alot of people seems to be buying though, we are currently still at $0.055 and its pretty close to the RLB ath which was at $0.059

It's not surprising if many investors (accumulated their token through airdropped or bought it before) sold their RLB directly on Rollbit because they have been waiting to take profit, and the platform made it easy to buy/sell.

I'm also tempted to sell my RLB before but chose to keep holding since I have nothing to lose. I got my RLB through airdropped as an early gambler on Rollbit so it's a bonus. If i'm not mistaken the price when the buy/sell feature is implemented on the platform the price is $0.03 something. So seeing the current price now, I can say it's worth to keep holding and it's not late for investors who wants to engage themselves.

To be fair I never paid a dime for mine, so I am not planning on selling ever, why would I sell it when I know that it is 100% all profit, there is literally zero chance that I could make a loss on this.

You cannot have a profit unless you sell. Just make sure you sell at a surging price since you can always have a chance to rebuy your sold token when the market had its correction. You can then just rinse and repeat in order for your RLB portfolio to accumulate ng grow while reaping some profit along the way.

Quote from: FanEagle on July 10, 2023, 11:36:35 AM

I get that people like money and they want to have more of it, that's the point of all our investments and such but at the end of the day we are talking about a situation where it is not going to be that easy, if we keep being fine with little investments then what's the point of constantly investing, we need to take some risks and what is better than taking a risk on something you could never lose money? I have never invested and just got it and that means I could wait decades if I want to with ease without worrying about losing money ever.

Money is essential, it dictates what kinds of things we are able to buy. So I get that you are aiming to get a huge profit from your portfolio and you are willing to wait until your RLB holding value can be life-changing for you, I hope you good luck though but think about what you are missing if you can take advantage of the market fluctuation. Increasing your holdings and getting some profit by taking advantage of the volatility of the RLB market.

piebeyb

legendary

Activity: 2464

Merit: 1039

Bitcoin Trader

Quote from: arallmuus on July 13, 2023, 10:30:52 AM

Quote from: piebeyb on July 13, 2023, 04:50:41 AM

Quote from: arallmuus on July 13, 2023, 03:27:40 AM

-snip

-snip

I might be interested in investing and trading RLB if they are added on the biggest Cex exchange site I think rollbit could actually propose that to add a Cex exchange site for their token or indeed they focus more on development and their gambling site only but so far RLB also quite a good investment.

The whole point on moving most of the transaction into Rollbit is actually to encourage people to use their RLB on the site instead of just keeping it in their personal wallet after they swap it on dex. Rollbit might be able to get it on cex but there is no point to do so for now, whats the point of moving transaction away from their site when they could do so and keep all those fees for themselves

Yes, it's also true that it would be nice if gamblers really used RLB to use it on their sites, for example to gamble to buy NFTs or buy something in it so that all RLB holders don't just keep it in their wallets, at least putting it on the site would be better and it could be used to multiply RLB from gambling or other betting games.

But it seems that people are worried when the site has problems like some cases of casinos that disappear and go bankrupt leaving the site, it will be more risky, therefore maybe some people prefer to keep it in their wallet when they are really not confident and get this project suddenly out of business, they can sell it right away without the withdrawal process from the site which might look complicated

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: BlackBoss_ on July 13, 2023, 07:04:51 PM

Quote from: arallmuus on July 13, 2023, 03:27:40 AM

There is no reason to trade on these dex though, you are going to end up paying extra on all those fees. Deposit to Rollbit directly using the lowest fee deposit option then purchase RLB onsite. Most RLB trading volume is also onsite plus you could always store those RLB in Rollbit or pretty much put them in the liquidity pool if you have enough of it

What will happen with $RLB price if it will be listed on Tier 1 exchanges like Binance, Kraken, OKX, Coinbase?

I don't know that Tier 1 exchanges have their rules against tokens initiated by online gambling sites and I believe that Rollbit does not have issue to list the token on big exchanges. It is my hope for future like two more years as the team must build up good usability for the token before spending listing cost that is not cheap. They must do it with good benefit from listing effects which would be bigger than the listing cost they have to pay.

Expect that a huge hype will build up then provably many will accumulate knowing that this is been newly listed on top exchange. But we don't know if they continue to get a strong movements since normally investor will secure their profit if they had enough earnings so maybe we can see at that time if the price would stay strong or the hype drop together with its price. But since good developments are always happening so maybe we can expect good about it on possible top exchange listing.

BlackBoss_

sr. member

Activity: 602

Merit: 387

Rollbit is for you. Take $RLB token!

Quote from: arallmuus on July 13, 2023, 03:27:40 AM

There is no reason to trade on these dex though, you are going to end up paying extra on all those fees. Deposit to Rollbit directly using the lowest fee deposit option then purchase RLB onsite. Most RLB trading volume is also onsite plus you could always store those RLB in Rollbit or pretty much put them in the liquidity pool if you have enough of it

What will happen with $RLB price if it will be listed on Tier 1 exchanges like Binance, Kraken, OKX, Coinbase?

I don't know that Tier 1 exchanges have their rules against tokens initiated by online gambling sites and I believe that Rollbit does not have issue to list the token on big exchanges. It is my hope for future like two more years as the team must build up good usability for the token before spending listing cost that is not cheap. They must do it with good benefit from listing effects which would be bigger than the listing cost they have to pay.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: Volgastallion on July 13, 2023, 11:58:52 AM

Anyone can explain to me how and when you can earn this NFT or rollbit coins from Rollbit? ITs like a cashback but instead of being a X ammount of money on your account you can choose a NFT?

You cant earn NFT from Rollbit, you need to purchase them. If you are specifically asking about Sports Rollbot that will grant you extra RLB when you purchase them then you need to purchase the unopened box ( refer to the whitepaper regarding how many RLB you will get from purchasing it ). As of now the lowest price for a single unopened box is at $8k

Quote from: Volgastallion on July 13, 2023, 11:58:52 AM

And this its tradeable in the rollbit page itself ? it has slipage? And i read above some change it on some DEX, in wich?

Yes it is tradeable in Rollbit with 0.5% fees. As for the other dex, check them on coinmarketcap

Topic: Rollbit.com | Crypto's Most Rewarding Casino 👑 - page 65. (Read 69272 times)