Topic: Rollbit.com | Crypto's Most Rewarding Casino 👑 - page 71. (Read 72818 times)

For all those who are talking about listing for token then there's a news about it as $RLB has been listed on Poloniex exchange and they have shared about it on the Twitter few hours ago so you can read about it in detail here : https://twitter.com/rollbitcom/status/1687419810877980677?t=SXgNOnX0VRC-CzpfWqIbRQ&s=19

I am also seeing how it impacts the prices for the token and read more about it in detail.

More like it doesn't mean it auto pumps upon listing like if it was listed in Binance or Coinbase.  But it does mean if it's listed in more exchanges then it's easier for everybody to access.  That could def come in handy during bull markets.

People tend to go for easy access than going through the hoops just to trade microcap onchain tokens, which RLB once was before getting listed in exchanges.  

Overall, more listings is better.

well, an exchange listing will definitely cause the price to jump higher, most the especially if the exchange listing it is a big one, but then, this is all for the short term.
to keep the price of the token high and stable, the team need not just the support of a massive community, they also need to find and discover new and interesting use-cases for the token,  keeping the token solely as a means of rewarding player on the casino will not get the token anywhere, they need to find, discover and build other businesses that could use this token as an only means of transactions, this can help get the price of the token high and also keep it relatively stable, depending on how unique and interesting users find and use the business.

More exchange listing doesn't mean that the price of their token would provably pump since more exchange could mess everything especially if the volume became low and interest of people to trade on that exchange became less. Much better for now if they focus on current resources they have and try to list on atleast one big exchange in future once they get more demands and strong community support. For now its good to see that RLB performs very good and people think bullish about this token.

A casino creates a crypto token because they want to have a bigger community and with a well-developed crypto token, automatically the name of the gambling site that owns the crypto token will also be famous or increasingly popular.
If Rollbit immediately puts RLB on more exchanges then they will definitely have an increase not only in the form of investment and trading but also in the gambling industry because surely more people will enter the site to be able to trade RLB and Rollbit itself already has an exchange service inside it.

Not entirely true because casino tokens are usually created as a way to fund casinos or a way for casinos to provide incentives to their users and can also add to the casino's profits when their coins get pumped, so casinos can develop well but their tokens don't experience good growth.
As well as expecting a profit of only 3x the value of our investment by having to wait for 4 years it will not be pleasant for investors because Bitcoin can provide far more in a period of 4 years and is less risky than investing in tokens which are likely to fall very deeply in a period of time the. So as investors, we have to be careful and see if the token is overpriced because many speculators make the price too high to influence people that this token is worth owning because the price keeps rising. It is very profitable if you can enter into an investment early because the price is very cheap but when investing after being pumped the risk is greater so always realize that investing in crypto will not only provide benefits but you have the same chance of losing.

joining the conversation and leaving aside the part where @AHOYBRAUSE talks about scam, the main point is that even if the casino is honest, and everything is going well, in my opinion these tokens people should use for the benefits that the casino has given to those who own these tokens, this should be their maximum purpose, now people who look at it as a long-term investment are making serious mistakes, because these tokens will not be listed on major exchanges, it is not for This is the purpose for which they were conceived, so even the casino will not spend a lot of money listing on large exchanges.

another point is that the performance of the casino would greatly affect the price, so a person takes a lot of money and buys the token hoping that in 4 years the token will give a profit of 3x, that person needs to ask himself first if the casino will be running for another 4 years, this simple question, your answer leads to the conclusion that this would be a super high risk investment, I used the word super because all altcoins and tokens are risk investments, but there are projects that are much higher risk, how is it the case of casino tokens

see that I am not talking bad about the project, I think that for what it was conceived it is very good, that people would have the token to get benefits in the casino and not to expect big profits and not wait for the token to be listed on major exchanges. and we just see that casino tokens don't make an effort to evolve in the sense of having more resources, because that's not their purpose

Not something new because we do know that competition is really that high on which there might be some trolls who are trying out to make out some accusations and really tending to mess up a site reputation specially into those who are really that rising up on the ladder on which it would be normal that these issues would be raised out on which it is something that not shocking anymore on this space or market.
This is why on the time that they would be making or throwing out those accusations and cant provide without solid evidence then for sure the public would just simply ignore it out or wont really
be believing with those claims.

Some could provide but the team do make out some response as well about violating site terms and conditions. For new platforms then we might having the impression that they are shady if thats the case
but if we do speak about these long time and popular platforms making out those kind of response then its for sure that it is legit or something that could really be true because having
some not right decisions might lead into possibly ruining up their reputation if once caught. The community wont really be that dumb on not to notice if there's something odd happening.

Yeah I know it will help boost the price but that also means Rollbit will be losing the vast majority of the transaction volume. Pretty sure their current game plan would be to exclusively allow it to be traded on house and to be used there instead of giving access to for people to move it out then sell it on some cex after it was listed

All businesses will have people who hate their businesses and pull the scam accusation cards with intention to destroy the platform reputation.

We are not insiders and can not have enough information to conclude that users are scammers or the platform is scam. Like if your account is frozen because on exchange detects it has tainted coins from like money laundering. Assume you did use money laundering services like mixers, you can not as the exchange why they detected your tainted coins.

It is their business and they won't disclose all secret algorithms, mechanisms they use for operation, security, scam detection.

I won't favor Rollbit exchange but the token has nothing to do with an exchange's accusations because a token a simply a form of crypto-currency made to work on the ecosystem of an exchange, and if the users of the exchange like it then they will most probably try to invest in such coins. I still don't think that such coins could provide any good value to traders or investors because they are mainly featured for the ones who want to enjoy some extra perks on the exchanges.

Even some of the big exchanges still have a certain amount of trading volume a coin or token must attain before they can list it, so even if the team have plans of listing on centralized exchanges, with the current level of volume seen on coinmarketcap for RLB token, the team will either have to start the listing from smaller exchanges that do not have a certain amount in trading volume as a criteria, this can help boost trading of the token which in turn also boost the trading volume.

But if the team will want to go in to the big exchanges directly, they will either have to hire a market maker to help boost the trading volume or better still, buy their way into the big exchanges, all that is required is money, after all, it is said that money answereth all things.

So once it is listed on a big exchange, whether the token does well or not all depends on the development and usecase of the token.

So you are talking about scam accusations thread against them? There are many for most of casinos but they are doing business with legit cause and token have on casino utility and extra benefits to players but investors see profits motive also so they invest in it but don't understand on which grounds you are justifying yourself? So what if other token you talking about rug people so will it have any value? Rollbit is also established in market among community which is why we are seeing pumps but at last we have our own opinions.

If a team are scammers, they can scam and exit even they list their token at centralized exchanges. Investors should not invest in a token only because that token is listed on centralized exchanges.

They must look at developer team CVs, their past products in blockchain, cryptocurrency and reputation of the team. Usability of the token is very fundamental for investor speculation on that token future growth. Without usability, a token will not survive and will not be able to increase its adoption and communities will not be expanded.

I agree with you that being listed on centralized exchanges will be a plus for a token. Rollbit team actually built up their token on a blockchain that is an improvement as some casinos just build their native currencies on their platforms like Bitsler with BTSLR that can not traded anywhere.

For an investment, according to the love using rollbit is a doubtful thing and it is not recommended, I think if compared to the investment context it is better to choose what is clear from this context.
Yes it can be said to be a big risk in terms of investment, I also disagree if you do it to suggest you, but yes it returns to your own rights in assessing what if the site disappears later, it is the biggest risk, but what needs to be unfortunate is a rollbit Having a pretty good trail, but some may have mistakes or things that need management to do so that there are some people who give a red mark to him, I think it's natural, it is impossible for a white paper that has an age that has no stains.

Well the truth is, what you say is true, and thank you very much, of course what happens is that I have the experience of 2017-2018 when Bitcoin had a value close to $7k and then from one moment to another it began its bullish trend and It reached almost $20k and at that moment things were not very good for the altcoins of that moment , I remember very well that a coin that was not worth much went up to $20, so I take it out from the experience of that moment, currently there are many more projects with great support, the altcoin I am talking about is a project that did not have any type of support, of course when bitcoin reached $10k and then less, things did not go so well for the currency because it fell a Lot.

The advantage that I see of this coin or, well, the token is that it is backed by the casino, and of course when we see that a Project has a backing, at Least for me, it is a guarantee that things are going well and that the money that is Invested in the token will not go so badly in a moment of crisis.

In any case, I hope that things can be done efficiently to be able to have some investment there, there are many investors who always seek to make the best investment of their lives, and of course they can be lucky that things turn out well for them, And if bitcoin becomes bullish , all the Altcoins will bleed, but when it is confirmed that the bullish trend Continues, then at the first setback, logic says that you have to buy altcoins to shelter the Value of money and how it will continue Growing is when altcoins have the Lowest price level and then start to Rise , which is why it is the ten awaiting green seasons of altcoins.

Why would anybody invest in a token by a sketchy casino that uses stolen/hacked data from a competitor the send out promotion emails for their own site. 

I would rather invest in a token of a real established place than using rollbit, if ever.

Seriously, these tokens are useless and dangerous. You can only use/trade them at the designated website. If the site is gone, so is the value. This is an absolute no brainer to not invest in, for everybody . So many red flags.

Alongside adding utility to their token they are also managing it in various manners which is helping them to grow.The gambling community is buying but there are big whales also who see some high profitability linked to it which we are also seeing with token growth while normal corrections are part of it.

Im totally clueless on why you still ask this question when I have described it clearly on their potential reason on not to list it on some cex. Rollbit hold like atleast 95% of the whole RLB transaction volume and that means alot of money comes in everyday in form on fees in their platform so there is no reason for them to 'share' this by listing it on exchanges

Talking about RLB Tokens being able to also be registered on CEX might be a good step but many casino tokens don't perform well even though they have been registered on a large CEX, and if indeed the registration of RLB Tokens on CEX can increase the trading volume of this token then it must be done soon by the developer of this coin, because I checked on coinmarketcap the RLB trading volume in 24 hours has decreased quite a lot around 40%, I don't know how valid the data listed on coinmarketcap is, but if it's valid enough it could be because the holders of this coin started saving it and no longer trading because they are interested in the rakeback that is offered if holding it, but unfortunately the smaller the number of coins in the trading cycle will allow the price to slowly fall because it prefers to keep.