Pages:
Author

Topic: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token - page 31. (Read 18503 times)

sr. member
Activity: 966
Merit: 306
I believe the only condition that will make SHFL's market valuation absolutely bearish is, low revenue + bear market. But that's probably a golden opportunity to buy. ¯\_(ツ)_/¯
This is not the condition that exists on Shuffle.com platform that has a big business and good revenue. They have a good revenue flow and can use part of it for the token buy back and burn.

The token price can fall together with Bitcoin dip but it is chance for accumulation if an investor understands the Shuffle platform business and believe in this company. Corrections of Bitcoin are going but it will finish correction soon and some months after Bitcoin halving, we will see a very big bull market.
sr. member
Activity: 1022
Merit: 363
Can you explain how do you see that potentially killing the market. Shuffle is literally buying and burning them from the market, so lower the price is, more they are going to burn, and no matter how the big the wall in the bottom would be, eventually there's just nothing left to sell with those prices.


Although that's true, I believe how much tokens are actually burned also depends on the casino's net gaming revenue. Plus you also have to account for market speculation. No one would care about the mechanism behind any token or buy the token if the DIP keeps on DIPPing.

That will not be good for SHFL.


I am assuming there's gaming revenue of course. Without it burnings aren't going to be effective. But if there is enough revenue, then market speculation can only be unhealthy, if it's artificially inflating the price, market speculation as sellers dumping will just be very healthy in the long run. But without bullish market speculation, or increase in current revenue, i have to admit that price could drop from here. As currently more tokens are being issued then burned. But i would totally welcome that as i will be grabbing this token as much as i can if this ever goes to $0.1.


I believe sellers won't be dumping if casino gaming revenues are high because,

- Higher burn rate. More tokens burned means more scarcity. More scarcity + Higher burn rate mean you should HODL.

- The cryptocurrency market is full of traders/speculators. More "traders/speculators" because casino gaming revenues are high = You should HODL.

I believe the only condition that will make SHFL's market valuation absolutely bearish is, low revenue + bear market. But that's probably a golden opportunity to buy. ¯\_(ツ)_/¯

Depends on the volume since for example https://coinmarketcap.com/currencies/betfury/ if they have 3.5 billions plus circulating and they burn few millions of token on some time  then it will take a long time for people to feel that scarcity and even if there's burning of tokens happening many people didn't feel any effect of this actions done. That's why this actions is not appealing to investors anymore and they should find another solution to increase the interest of investor to accumulate their token. People want nowadays change and mostly people always seek for utility and better exchange where it listed that's why BFG and other casino coin didn't get much attention from a lot of investors.

Hopefully SHFL will be still in good situation. But also I think devs know how to make a move to catch the interest of people since for sure they already scout the other casino tokens and provably perform more better than those which came first.
legendary
Activity: 2898
Merit: 1823
Can you explain how do you see that potentially killing the market. Shuffle is literally buying and burning them from the market, so lower the price is, more they are going to burn, and no matter how the big the wall in the bottom would be, eventually there's just nothing left to sell with those prices.


Although that's true, I believe how much tokens are actually burned also depends on the casino's net gaming revenue. Plus you also have to account for market speculation. No one would care about the mechanism behind any token or buy the token if the DIP keeps on DIPPing.

That will not be good for SHFL.


I am assuming there's gaming revenue of course. Without it burnings aren't going to be effective. But if there is enough revenue, then market speculation can only be unhealthy, if it's artificially inflating the price, market speculation as sellers dumping will just be very healthy in the long run. But without bullish market speculation, or increase in current revenue, i have to admit that price could drop from here. As currently more tokens are being issued then burned. But i would totally welcome that as i will be grabbing this token as much as i can if this ever goes to $0.1.


I believe sellers won't be dumping if casino gaming revenues are high because,

- Higher burn rate. More tokens burned means more scarcity. More scarcity + Higher burn rate mean you should HODL.

- The cryptocurrency market is full of traders/speculators. More "traders/speculators" because casino gaming revenues are high = You should HODL.

I believe the only condition that will make SHFL's market valuation absolutely bearish is, low revenue + bear market. But that's probably a golden opportunity to buy. ¯\_(ツ)_/¯
hero member
Activity: 2716
Merit: 698
Dimon69
I am assuming there's gaming revenue of course. Without it burnings aren't going to be effective. But if there is enough revenue, then market speculation can only be unhealthy, if it's artificially inflating the price, market speculation as sellers dumping will just be very healthy in the long run. But without bullish market speculation, or increase in current revenue, i have to admit that price could drop from here. As currently more tokens are being issued then burned. But i would totally welcome that as i will be grabbing this token as much as i can if this ever goes to $0.1.


The only pros of SHFL tokens compared to other casino token is they don’t have IDO but rather they just listed their token in open market while reward players in the form of airdrop for every wager made.

This means that they will generate profit whenever they send reward tokens to buy back on the open market. The burn mechanism of this token will be successful if the team continue on burning using the profit of the casino which other casino failed to deliver consistently.

Airdrop holders will just hold their tokens if they knew that the team consistently buy back. The price growth will start if everyone will appreciate the regular buy backs using casino profit.
legendary
Activity: 3038
Merit: 1166
Leading Crypto Sports Betting & Casino Platform
Can you explain how do you see that potentially killing the market. Shuffle is literally buying and burning them from the market, so lower the price is, more they are going to burn, and no matter how the big the wall in the bottom would be, eventually there's just nothing left to sell with those prices.


Although that's true, I believe how much tokens are actually burned also depends on the casino's net gaming revenue. Plus you also have to account for market speculation. No one would care about the mechanism behind any token or buy the token if the DIP keeps on DIPPing.

That will not be good for SHFL.
I am assuming there's gaming revenue of course. Without it burnings aren't going to be effective. But if there is enough revenue, then market speculation can only be unhealthy, if it's artificially inflating the price, market speculation as sellers dumping will just be very healthy in the long run. But without bullish market speculation, or increase in current revenue, i have to admit that price could drop from here. As currently more tokens are being issued then burned. But i would totally welcome that as i will be grabbing this token as much as i can if this ever goes to $0.1.

legendary
Activity: 2898
Merit: 1823
I believe not. That would actually have the potential to kill the market, and would probably make speculators disinterested in the token because they know that there are tokens that are not vested which could be sold by bulk anytime. But if it's distributed in small amounts per interval, it will allow demand to form faster and let the token reach its bottom faster and in a not so sudden situation. For those who want to sell, you can sell slow like it's DCA, but for selling. The buyers will be happy, and the sellers will not panic.

Can you explain how do you see that potentially killing the market. Shuffle is literally buying and burning them from the market, so lower the price is, more they are going to burn, and no matter how the big the wall in the bottom would be, eventually there's just nothing left to sell with those prices.


Although that's true, I believe how much tokens are actually burned also depends on the casino's net gaming revenue. Plus you also have to account for market speculation. No one would care about the mechanism behind any token or buy the token if the DIP keeps on DIPPing.

That will not be good for SHFL.

Quote

I however understand the slow release, from the point that makes market seem more stable and with enough incredibly cheap tokens, there would be a danger to see more unhealthy pumps and volatility in general value.


👍

But dimonstration also made a good point. He said that he has a small claim of tokens so some smaller amounts are probably OK for 100% unlock.
legendary
Activity: 3066
Merit: 1312
I know 2FA is to protect our account, but sometimes it affects our progress. Like what happened to my account on FortuneJack still hasn't been resolved. My account on FortuneJack has 2FA enabled (I'm not sure if it was mandatory) and when I logged in, the SMS 2FA wasn't working because my country is blocking it as per FortuneJack's chat support. I've already submitted a ticket about it, but I don't know why my ticket disappeared for no reason. Fortunately, I don't have any balance in FortuneJack but I do have free spins to claim. I have nothing against with Fortunejack, I just want to share what I have experienced.

Your issue at other casino is basically your own fault because you activated the SMS 2FA instead of activating the common App 2FA. It affects your progress because you did not check about it earlier, so basically your experience is an example of player's mistake about 2FA which means that 2FA is not affecting your progress but your mistake is. 2FA is something optional in most casinos or in most online services which is used to have better security of the account. Even if there is casino that make it something mandatory, it means that the casino care about your account.
hero member
Activity: 1260
Merit: 607
Leading Crypto Sports Betting & Casino Platform
Maybe some gamblers doesn't like 2FA because they don't understand it, but once they'll get educated, maybe they'll consider it.

Hopefully they'll be able to read our discussions here.

Gamblers usually want a quick access on the game that’s why casino usually offer an instant account creation or web3 connection for an easy access to the casino. This is the reason why some gambler doesn’t use 2FA to secure their account and just rely with their password. They are lazy to open the authenticator app then copy paste the code whenever they login or withdraw funds.

I like 2FA security because it can give you assurance that you will not gonna compromise even if you accidentally exposed your login details to scammer. Safety shouldn’t be considered as extra step because its our insurance to the money we are depositing in the casino.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
I think casinos should add it and make it compulsory for users to activate the 2FA, or if they don't or can't, add an email confirmation for withdrawals just to ensure it's not easily hack.
2FA is not mandatory even on centralized exchanges and don't request mandatory 2FA on gambling sites. It's an option for users and platforms can simply have a warning to their users, that 2FA will help to secure their accounts and funds better. Activate 2FA or not, it's choice of each user.


I know it's not mandatory but if there's no hassle in doing that, then I think users should understand that it's just a way to protect an account. When I started gambling, I don't know about 2FA but later one when I experience my account got compromise, I research on ways to make it more secure and I find that 2FA is the best solution. I'm not using a google 2FA, it's an AUTHY 2FA, easy to use and I could synch my pc and my smart phone easily.

Maybe some gamblers doesn't like 2FA because they don't understand it, but once they'll get educated, maybe they'll consider it.

Hopefully they'll be able to read our discussions here.
hero member
Activity: 2716
Merit: 698
Dimon69
I know 2FA is to protect our account, but sometimes it affects our progress. Like what happened to my account on FortuneJack still hasn't been resolved. My account on FortuneJack has 2FA enabled (I'm not sure if it was mandatory) and when I logged in, the SMS 2FA wasn't working because my country is blocking it as per FortuneJack's chat support. I've already submitted a ticket about it, but I don't know why my ticket disappeared for no reason. Fortunately, I don't have any balance in FortuneJack but I do have free spins to claim. I have nothing against with Fortunejack, I just want to share what I have experienced.

How long does your account became inactive? AFAIK sms and 2FA is not mandatory security on that casino but they do have a tricky ToS for all their promotions that’s why I hated to play on that casino. It’s a nightmare to experience your additional security giving you a burden to not access your casino while you setup it for your account safety. It’s ironic.   Cheesy

I never use 2FA on all of my casino account. I just rely on protecting my email so that my account can’t be exploited. I’m actually afraid on 2FA if ever the device which my 2FA app doesn’t work while I don’t have backup.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
I think casinos should add it and make it compulsory for users to activate the 2FA, or if they don't or can't, add an email confirmation for withdrawals just to ensure it's not easily hack.
2FA is not mandatory even on centralized exchanges and don't request mandatory 2FA on gambling sites. It's an option for users and platforms can simply have a warning to their users, that 2FA will help to secure their accounts and funds better. Activate 2FA or not, it's choice of each user.

I know 2FA is to protect our account, but sometimes it affects our progress.

when I logged in, the SMS 2FA wasn't working because my country is blocking
It is because you chose a bad method for 2FA. SMS code is not a good 2FA method because you rely on the communication company to deliver SMS code to you. 2FA, strictly, means you control it on your device and don't have to rely on any company. It can work when you are offline too.

It is a thread for Shuffle, so your post is too much about FJ - kind of off topic, don't do it next time please.
sr. member
Activity: 1638
Merit: 364
https://shuffle.com?r=nba
I know 2FA is to protect our account, but sometimes it affects our progress. Like what happened to my account on FortuneJack still hasn't been resolved. My account on FortuneJack has 2FA enabled (I'm not sure if it was mandatory) and when I logged in, the SMS 2FA wasn't working because my country is blocking it as per FortuneJack's chat support. I've already submitted a ticket about it, but I don't know why my ticket disappeared for no reason. Fortunately, I don't have any balance in FortuneJack but I do have free spins to claim. I have nothing against with Fortunejack, I just want to share what I have experienced.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
But I agree that 2FA is now the basic security standard which casino should offer to add extra protection on user account in addition to the mandatory email code every login.

Hopefully they read about this discussion and they will consider to add 2FA as soon as possible because gamblers will feel more secure about their account if there is a 2FA.
I will admit that I am not much of a fan of those kind of solutions and I am old school when securing my accounts, since I simply create a difficult password for each website I have an account in, never store it online, type it every time, avoid password managers and keep my computer secure, however if a person feels they are safer with 2FA then it could be worth for Shuffle to try to enable this feature as soon as possible, so the gamblers that are used to have this feature make use of it immediately.

Actually its really good if 2fa has been added but also its fine if you are not fan of this feature since I understand that sometimes its hassle to go over on other app just to input your security keys/number before you can sign in. And I also don't usually activate this 2fa feature on my account especially if the casino is just my alternative on or I don't put any huge balance on those platform. Usually I only set up my 2fa on exchange account but on casino well don't have any concern about since I'm not afraid and also aware about what are the methods used by hackers to steal our accounts and I'm so careful with those cases.

But for the whole its better if they add this since this is additional protection for people regarding on those hacking incidents.

I don't find it a hassle on my part, I agree with @Wapfika now that it's just a basic standard. Whether it's your main or alternative casino, it's still important to secure your funds. You may not win big now but what if you'll win in the future? You know, it's hard to predict the future of a gambler and our finances too, if we improve our finances, that would also mean it will improve our gambling activity, so security is really a must.

I think casinos should add it and make it compulsory for users to activate the 2FA, or if they don't or can't, add an email confirmation for withdrawals just to ensure it's not easily hack.
sr. member
Activity: 1022
Merit: 363
But I agree that 2FA is now the basic security standard which casino should offer to add extra protection on user account in addition to the mandatory email code every login.

Hopefully they read about this discussion and they will consider to add 2FA as soon as possible because gamblers will feel more secure about their account if there is a 2FA.
I will admit that I am not much of a fan of those kind of solutions and I am old school when securing my accounts, since I simply create a difficult password for each website I have an account in, never store it online, type it every time, avoid password managers and keep my computer secure, however if a person feels they are safer with 2FA then it could be worth for Shuffle to try to enable this feature as soon as possible, so the gamblers that are used to have this feature make use of it immediately.

Actually its really good if 2fa has been added but also its fine if you are not fan of this feature since I understand that sometimes its hassle to go over on other app just to input your security keys/number before you can sign in. And I also don't usually activate this 2fa feature on my account especially if the casino is just my alternative on or I don't put any huge balance on those platform. Usually I only set up my 2fa on exchange account but on casino well don't have any concern about since I'm not afraid and also aware about what are the methods used by hackers to steal our accounts and I'm so careful with those cases.

But for the whole its better if they add this since this is additional protection for people regarding on those hacking incidents.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
But I agree that 2FA is now the basic security standard which casino should offer to add extra protection on user account in addition to the mandatory email code every login.

Hopefully they read about this discussion and they will consider to add 2FA as soon as possible because gamblers will feel more secure about their account if there is a 2FA.
I will admit that I am not much of a fan of those kind of solutions and I am old school when securing my accounts, since I simply create a difficult password for each website I have an account in, never store it online, type it every time, avoid password managers and keep my computer secure, however if a person feels they are safer with 2FA then it could be worth for Shuffle to try to enable this feature as soon as possible, so the gamblers that are used to have this feature make use of it immediately.
newbie
Activity: 10
Merit: 0

Reading on your previous post here makes me think that you didn’t understand carefully what the support said on his statement when he mention about the KYC. Your case is already concluded while providing KYC might give you a chnce re-open the case but that doesn’t mean it solved your care.

The user that you quote doesn’t comprehend well too the support message that probably encourages you to KYC and give false hope that you will recover your funds immediately. You should provide a thorough explanation why the 2 account is not connected. Maybe ask proof how you are connected then provide a valid argument.

I asked them and they just said the investigation is concluded and they can't give anything further.
So basically, all they have is that I tipped my friend $100 and they now believe the accounts are owned by the same person.
Even though we've both sent in KYC and we live in different countries, clown casino

If you use the casino perspective when looking on your case, it’s very hard to determine if you are telling the truth or not since you play games only which means there’s no physical proof that will help you to prove that you and the other account is different.

We all know that you can ask different person to the KYC on the other account which is why a case like this will not simply solved by KYC. Casino is probably holding an evidence related to your IP similarity, betting pattern, withdrawal/deposit and other factors that show similarities on your account.

Do they refund you the initial deposit? Sadly you can get more detailed explanation from the casino through Askgambler or Casino guru because they usually send evidence there once your issue escalated properly.
They paid out my friend, I lost like $4k on my account on their sportsbook/casino.
I guess this is the downside with crypto casinos they can just refuse to pay you at any point and nothing you can really do.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
Although I'm eligible for the weekly bonus based on my current VIP rank, but I wasn't eligible for the last weekly bonus as my weekly wager amount was less than a dollar. Still, I had received an email about the weekly bonus two days ago from Shuffle team. The support team has addressed it as a confusion. They have made a fun with me with monthly bonus email a few days ago. Now they did it with weekly bonus email. Are they doing this with me only?

legendary
Activity: 3500
Merit: 1354
But I agree that 2FA is now the basic security standard which casino should offer to add extra protection on user account in addition to the mandatory email code every login.

Hopefully they read about this discussion and they will consider to add 2FA as soon as possible because gamblers will feel more secure about their account if there is a 2FA.
Anyone here from this forum who is lucky enough to win the weekly raffle?
It will be nice to see someone from this forum win the weekly raffle, so kindly share your experience if any of you won the raffle at least once.
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃

One thing I wondered about Shuffle is, why don't they support 2fa?
I mean sure, when you log in they send you some 2fa code to your email but if someone's shuffle password is compromised and the "hacker" also has the password for the email account this security is basically useless.

It's much safer to use real 2fa via google, authy or what not.

Is there any long term plan to implement real 2fa? This would really improve the security for players in my opinion.

I just notice this too right now when I check my Shuffle account but they have feature to link google account or line account to easily access your casino without doing the need to login. You can setup 2FA on those 2 account available to link on your shuffle account.

But I agree that 2FA is now the basic security standard which casino should offer to add extra protection on user account in addition to the mandatory email code every login.
legendary
Activity: 2758
Merit: 1228

One thing I wondered about Shuffle is, why don't they support 2fa?
I mean sure, when you log in they send you some 2fa code to your email but if someone's shuffle password is compromised and the "hacker" also has the password for the email account this security is basically useless.

It's much safer to use real 2fa via google, authy or what not.

Is there any long term plan to implement real 2fa? This would really improve the security for players in my opinion.

I also notice this but it seems this is not a concern by other people since they continue to gamble without worrying about this.

But since you raised this topic then maybe its really better if Shuffle add this 2fa feature since somehow this is add another security features on some peoples account especially if they are whales since this can make hard to access by some people trying to penetrate of someone's accounts. But let see if they take consideration on your suggestion since its really nice to add that since we see this been implemented on some platform and they are really fine with this.
Pages:
Jump to: