✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token - page 49.

komisariatku

sr. member

Activity: 882

Merit: 457

Quote from: o48o on January 04, 2024, 01:06:48 PM

Too bad they haven't dropped more info on that shfl token, snapshot is most likely at February 1st like thei going live announcement tweet and i am not at all certain what predictions i should have for this token. So far they are high hopes because of fundamentals they have posted on twitter, but so much have been left unsaid that might affect the value a lot. I shouldn't complain as i don't gamble a lot at the moment as there are too much bills to pay, but with the right incentive i might risk it and purely grind my account up. I know that i am sounding a little self-entitled asking more when i am about to get something for free, but more info before the snapshot would be great.

All we need to do is wait, I'm sure the shuffle team has a good strategy and their casino will also continue to develop over time. Of course, as a shuffle player, I also hope that I can get SHFL for free and that will make us (shuffle players) happy. Lol Cheesy

Maybe what we need to do is increase the wager and VIP level so that when SHFL is launched we can get a lot of shares from the airdrop given to the players. But don't be greedy because chasing the VIP level often requires a lot of money, let's play and get good wins and when the time comes we will get additional bonuses from SHFL tokens. Keep winning bro

o48o

legendary

Activity: 3038

Merit: 1166

Leading Crypto Sports Betting & Casino Platform

Too bad they haven't dropped more info on that shfl token, snapshot is most likely at February 1st like thei going live announcement tweet and i am not at all certain what predictions i should have for this token. So far they are high hopes because of fundamentals they have posted on twitter, but so much have been left unsaid that might affect the value a lot. I shouldn't complain as i don't gamble a lot at the moment as there are too much bills to pay, but with the right incentive i might risk it and purely grind my account up. I know that i am sounding a little self-entitled asking more when i am about to get something for free, but more info before the snapshot would be great.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Wind_FURY on January 03, 2024, 08:32:15 AM

I believe it's a chicken and egg situation because the reason why usage of the Lightning network is low is because there aren't that many services and merchants have adopted the off-chain payment network. But if suddenly all casinos started accepting Lightning deposits and allow withdrawals through Lightning then I'm quite confident that Bitcoin users would start believing that it's a feasible payment method, and there's no need to convert their Bitcoins to altcoins too.

The advantage of using the Lightning Network is not just for cheaper and faster transactions. It's a good layer that adds privacy for your transactions too.

Besides business owners should not only think on the now but on what will come next, so if a casino decided to accept deposits and withdrawals with the LN and this became known then all of those that want to use it and want to gamble will have no other option but to use that casino, and by the time other casinos realized what is going on, it will take them some time to react and adopt it too, but once this happened any casino that did this will have a first-mover advantage over the rest, gaining a significant edge which will not be easy to overcome.

Catenaccio

full member

Activity: 420

Merit: 120

Quote from: Wind_FURY on January 03, 2024, 08:32:15 AM

I believe it's a chicken and egg situation because the reason why usage of the Lightning network is low is because there aren't that many services and merchants have adopted the off-chain payment network.

Bitcoin faced with same barriers years ago but its adoption grew well over years. Lightning Network had very low adoption and only grew more quickly since 2020.

With expensive transaction fees on chain, off chain solutions like Lightning Network will be considered to use more. The biggest barrier for LN is, to use LN, people must use Bitcoin on-chain first.

Quote

But if suddenly all casinos started accepting Lightning deposits and allow withdrawals through Lightning then I'm quite confident that Bitcoin users would start believing that it's a feasible payment method, and there's no need to convert their Bitcoins to altcoins too.

Rome wasn't built in one day and Lightning Network has some years of building. I believe it will grow more and get more adoption from casinos, merchants.

Quote

The advantage of using the Lightning Network is not just for cheaper and faster transactions. It's a good layer that adds privacy for your transactions too.

Is it risk that governments will sanction Lightning Network like they sanction the source code of Tornado Cash?

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: panjul07 on January 02, 2024, 06:40:58 AM

Quote from: Wind_FURY on January 01, 2024, 01:56:49 PM

Quote from: AbuBhakar on December 31, 2023, 04:14:04 AM

Just use Altcoins that has cheap fee and fast transaction confirmation like Tron, BSC and many more instead of using LN since you will still need to convert your Bitcoin to LN in able to deposit on it. Besides LN is still not popular among gamblers as an alternative to cut transaction fee compared on using altcoins.

Why not accept both the Lightning Network and altcoins? The more choices for deposit methods, the better for the casino.

¯\_(ツ)_/¯

Plus it was a mere suggestion. If the casino evaluates that it will be more work but with less benefit, then that's OK.

With the fact that LN users is still low, casino do not need to evaluate anything about the possibility adding LN.
If it gives many benefits to the casino, there must be many casinos that integrate LN already.
I cant even mention 1 casino name that use LN, maybe there are some but as far as I know, most popular bitcoin casinos in the industry has not added LN yet.
Suggestion is always appreciated ofc.

I believe it's a chicken and egg situation because the reason why usage of the Lightning network is low is because there aren't that many services and merchants have adopted the off-chain payment network. But if suddenly all casinos started accepting Lightning deposits and allow withdrawals through Lightning then I'm quite confident that Bitcoin users would start believing that it's a feasible payment method, and there's no need to convert their Bitcoins to altcoins too.

The advantage of using the Lightning Network is not just for cheaper and faster transactions. It's a good layer that adds privacy for your transactions too.

Little Mouse

legendary

Activity: 2156

Merit: 2100

Marketing Campaign Manager |Telegram ID- @LT_Mouse

Round 2 Betting Contest is live now- https://bitcointalksearch.org/topic/shufflecom-sports-betting-contest-place-bets-win-prize-round-2-5480206

komisariatku

sr. member

Activity: 882

Merit: 457

Quote from: panjul07 on January 02, 2024, 06:40:58 AM

Quote from: Wind_FURY on January 01, 2024, 01:56:49 PM

Quote from: AbuBhakar on December 31, 2023, 04:14:04 AM

Just use Altcoins that has cheap fee and fast transaction confirmation like Tron, BSC and many more instead of using LN since you will still need to convert your Bitcoin to LN in able to deposit on it. Besides LN is still not popular among gamblers as an alternative to cut transaction fee compared on using altcoins.

Why not accept both the Lightning Network and altcoins? The more choices for deposit methods, the better for the casino.

¯\_(ツ)_/¯

Plus it was a mere suggestion. If the casino evaluates that it will be more work but with less benefit, then that's OK.

With the fact that LN users is still low, casino do not need to evaluate anything about the possibility adding LN.
If it gives many benefits to the casino, there must be many casinos that integrate LN already.
I cant even mention 1 casino name that use LN, maybe there are some but as far as I know, most popular bitcoin casinos in the industry has not added LN yet.
Suggestion is always appreciated ofc.

Yes, I agree with you, bro. There are still few LN users and additional fees for transferring bitcoins from the main network to the LN network also add to the cost problem.

Apart from that, many people say that LN is alt because it no longer exists on the main bitcoin network, but whatever it is, if what you want is low fees then doge, trx, xlm, etc have become good alternatives and in my opinion are more popular than LN at the moment . Maybe in the future, if LN becomes more popular, it could be considered to be added

salad daging

hero member

Activity: 1624

Merit: 791

Bitcoin To The Moon 📈📈📈

Quote from: tbct_mt2 on January 01, 2024, 09:38:50 AM

Quote

But LN is really good implementation to a casino so that Bitcoin holder can still hold and gamble at the same time. It’s just not that popular and a waste of resources for casino side.

The problem with Lightning Network is you must use on chain first before can use off chain Lightning. You need to do an on chain transaction to open your Lightning Network channel and it requires costly on chain transaction fee.

I just opened Electrum and when I open a channel, I need to pay 0.002 BTC or the equivalent of $90 at the current price, will that fee enter the bitcoin lightning network or just open a channel?
Well so far I haven't tried anything about the lightning network so I still have very minimal knowledge.

Quote from: Ziskinberg on January 02, 2024, 09:25:50 AM

Quote from: salad daging on January 01, 2024, 08:39:35 AM

I don't think volatility will affect gamblers, they always spend the money on average, if they win, they will withdraw it immediately and won't keep it too long in the account so volatility is meaningless, unless you are really afraid of it then choose stablecoins.

Volatility is only a concern if you are gambling using an altcoin that does not have good liquidity. However, if you are using altcoins with millions of trading volume, their price would not easily dump or pump, unless we are in a bull or bear season. In my opinion, using USDT is the best alternative to this. With a $1 transaction fee, I think it's affordable for most gamblers. If we consider it a waste, we should prevent frequent withdrawals.

Casinos always provide good altcoins with high liquidity, if it is low then the casino usually will not provide altcoin deposits with low volume.
And on average, altcoins in casinos are already popular among the public, of course they often gamble with altcoin deposits as an alternative in terms of low costs.

Wellh for stablecoins or USDT is better if someone who is afraid of its volatility then stablecoins are the best way so as not to panic when altcoins fluctuate.

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: salad daging on January 01, 2024, 08:39:35 AM

I don't think volatility will affect gamblers, they always spend the money on average, if they win, they will withdraw it immediately and won't keep it too long in the account so volatility is meaningless, unless you are really afraid of it then choose stablecoins.

Volatility is only a concern if you are gambling using an altcoin that does not have good liquidity. However, if you are using altcoins with millions of trading volume, their price would not easily dump or pump, unless we are in a bull or bear season. In my opinion, using USDT is the best alternative to this. With a $1 transaction fee, I think it's affordable for most gamblers. If we consider it a waste, we should prevent frequent withdrawals.

BTW, when will shuffle resume their contest in the games and rounds board?

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: Wind_FURY on January 01, 2024, 01:56:49 PM

Quote from: AbuBhakar on December 31, 2023, 04:14:04 AM

Just use Altcoins that has cheap fee and fast transaction confirmation like Tron, BSC and many more instead of using LN since you will still need to convert your Bitcoin to LN in able to deposit on it. Besides LN is still not popular among gamblers as an alternative to cut transaction fee compared on using altcoins.

Why not accept both the Lightning Network and altcoins? The more choices for deposit methods, the better for the casino.

¯\_(ツ)_/¯

Plus it was a mere suggestion. If the casino evaluates that it will be more work but with less benefit, then that's OK.

With the fact that LN users is still low, casino do not need to evaluate anything about the possibility adding LN.
If it gives many benefits to the casino, there must be many casinos that integrate LN already.
I cant even mention 1 casino name that use LN, maybe there are some but as far as I know, most popular bitcoin casinos in the industry has not added LN yet.
Suggestion is always appreciated ofc.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: AbuBhakar on December 31, 2023, 04:14:04 AM

Quote from: Wind_FURY on December 30, 2023, 11:18:23 AM

ndumm and Shuffle admins, a mere suggestion. Because of the current network congestion happening in the Bitcoin network caused by Ordinals/BRC-20, may I suggest that the casino consider accepting Bitcoin deposits/withdrawals through the Lightning Network? I believe it could also be an opportunity to promote Lightning as an alternative and widen your network of users as well.

Perhaps giving free-spins/bonuses for every deposit through Lightning might encourage Bitcoiners to open a new path/method to use Bitcoin?

Just use Altcoins that has cheap fee and fast transaction confirmation like Tron, BSC and many more instead of using LN since you will still need to convert your Bitcoin to LN in able to deposit on it. Besides LN is still not popular among gamblers as an alternative to cut transaction fee compared on using altcoins.

Why not accept both the Lightning Network and altcoins? The more choices for deposit methods, the better for the casino.

¯\_(ツ)_/¯

Plus it was a mere suggestion. If the casino evaluates that it will be more work but with less benefit, then that's OK.

Quote

I believe having a built-in exchange is more helpful to have a temporary solution over transaction fee since gambler can send directly Bitcoin to Casino and then just convert it to altcoin on the casino exchange to save fee for withdrawal.

Although that would be a very good feature for casinos, that will require them to apply for different licenses because they would start functioning as an exchange.

What casinos can probably do is, also allow Bitcoin users to have a choice of withdrawing through on-chain or Lightning since there was no currency conversion.

tbct_mt2

hero member

Activity: 2366

Merit: 838

Quote from: Coin_trader on January 01, 2024, 09:22:48 AM

As a regular gambler before. Altcoin is indeed the best alternative because you will just need to send your Bitcoin on Exchange to convert it on Altcoin then problem solved for expensive fees.

Altcoins are convenient for gamblers because they usually don't use big money for gambling. They have to save their transaction fee for gambling and they will choose altcoins, except Ethereum, to save transaction fee then use that saving for gambling more.

Transaction speed is another factor that is like by gamblers too. Altcoins can help them to save time of waiting for transaction confirmations and get credit from casino to start gambling.

Quote

But LN is really good implementation to a casino so that Bitcoin holder can still hold and gamble at the same time. It’s just not that popular and a waste of resources for casino side.

The problem with Lightning Network is you must use on chain first before can use off chain Lightning. You need to do an on chain transaction to open your Lightning Network channel and it requires costly on chain transaction fee.

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

Quote from: salad daging on January 01, 2024, 08:39:35 AM

Altcoins remain the best option among gamblers, compared to bitcoin which often experiences more congestion avoiding this transaction and switching to their preferred altcoin.

I don't think volatility will affect gamblers, they always spend the money on average, if they win, they will withdraw it immediately and won't keep it too long in the account so volatility is meaningless, unless you are really afraid of it then choose stablecoins.

As a regular gambler before. Altcoin is indeed the best alternative because you will just need to send your Bitcoin on Exchange to convert it on Altcoin then problem solved for expensive fees. I’m not knowledgeable on LN of Bitcoin but I’m sure that you still need to send it to a wallet that offer LN like Muun wallet which means it’s still need fees to send.

But LN is really good implementation to a casino so that Bitcoin holder can still hold and gamble at the same time. It’s just not that popular and a waste of resources for casino side.

salad daging

hero member

Activity: 1624

Merit: 791

Bitcoin To The Moon 📈📈📈

Quote from: ultrloa on January 01, 2024, 03:30:58 AM

Lightning network doesn't get much attention and I think this is the time it should be introduced by casino to make it as a option for people to use for transfer and deposit. But for other still not knowing it much really better if they could just transact any altcoin which is available as alternative since for this we don't need to think about other technicalities but rather we can save up some time buying those altcoins we want to transfer then gamble or just sell it on exchange.

For 11 altcoin available as an option for sure we can still enjoy those casinos we want to gamble. Also if they are doubting about other matter especially for volatility then as mentioned USDT will be the best option for that since for sure we can easily deal with it especially the fees to be taken if we are worried to much about this.

I don't think it's easy to introduce the Lightning Network to casinos, I just think even a few exchanges are implementing one and the withdrawal of the Lightning Network is still a few can count on the fingers of any exchange unless all exchanges have implemented this then it will be easier for casinos to implement it, so in the near future it will never happen.

Altcoins remain the best option among gamblers, compared to bitcoin which often experiences more congestion avoiding this transaction and switching to their preferred altcoin.

I don't think volatility will affect gamblers, they always spend the money on average, if they win, they will withdraw it immediately and won't keep it too long in the account so volatility is meaningless, unless you are really afraid of it then choose stablecoins.

Synchronice

hero member

Activity: 882

Merit: 792

Watch Bitcoin Documentary - https://t.ly/v0Nim

Quote from: Wind_FURY on December 30, 2023, 11:18:23 AM

ndumm and Shuffle admins, a mere suggestion. Because of the current network congestion happening in the Bitcoin network caused by Ordinals/BRC-20, may I suggest that the casino consider accepting Bitcoin deposits/withdrawals through the Lightning Network? I believe it could also be an opportunity to promote Lightning as an alternative and widen your network of users as well.

Perhaps giving free-spins/bonuses for every deposit through Lightning might encourage Bitcoiners to open a new path/method to use Bitcoin?

It took Binance lots of time to add Lighting Network deposits and withdrawals on your website since the announcement. Probably it happened after one or two months. They also probably have to hire a developer that knows Lighting Network and they also might have to improve the knowledge of their developers to keep LN payments active and safe.
It will be good if they add lighting network but it's not handy to use for many people, there is a lack of knowledge, it's still very new for many and probably it doesn't worth for them to spend time and energy to add LN. At the moment, I think that altcoins are the best quick solution.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: Botnake on December 31, 2023, 09:04:39 AM

Quote from: AbuBhakar on December 31, 2023, 04:14:04 AM

Quote from: Wind_FURY on December 30, 2023, 11:18:23 AM

ndumm and Shuffle admins, a mere suggestion. Because of the current network congestion happening in the Bitcoin network caused by Ordinals/BRC-20, may I suggest that the casino consider accepting Bitcoin deposits/withdrawals through the Lightning Network? I believe it could also be an opportunity to promote Lightning as an alternative and widen your network of users as well.

Perhaps giving free-spins/bonuses for every deposit through Lightning might encourage Bitcoiners to open a new path/method to use Bitcoin?

Just use Altcoins that has cheap fee and fast transaction confirmation like Tron, BSC and many more instead of using LN since you will still need to convert your Bitcoin to LN in able to deposit on it. Besides LN is still not popular among gamblers as an alternative to cut transaction fee compared on using altcoins.

I believe having a built-in exchange is more helpful to have a temporary solution over transaction fee since gambler can send directly Bitcoin to Casino and then just convert it to altcoin on the casino exchange to save fee for withdrawal.

I agree with, although I may say that it's a good way to promote accepting LN but not everyone are fully aware of it though. Still, I think majority will prefer using altcoins than LN ( but we never know).

I just checked my Shuffle account to see the deposit option, I see they have 11 altcoins available, so you can choose one among the many to deposit. They have USDT((I'm assuming TRC20), and other altcoins that doesn't require a high fee using their network.

Lightning network doesn't get much attention and I think this is the time it should be introduced by casino to make it as a option for people to use for transfer and deposit. But for other still not knowing it much really better if they could just transact any altcoin which is available as alternative since for this we don't need to think about other technicalities but rather we can save up some time buying those altcoins we want to transfer then gamble or just sell it on exchange.

For 11 altcoin available as an option for sure we can still enjoy those casinos we want to gamble. Also if they are doubting about other matter especially for volatility then as mentioned USDT will be the best option for that since for sure we can easily deal with it especially the fees to be taken if we are worried to much about this.

Botnake

hero member

Activity: 2856

Merit: 667

Quote from: BABY SHOES on December 31, 2023, 01:48:53 PM

Quote from: Botnake on December 31, 2023, 09:04:39 AM

I agree with, although I may say that it's a good way to promote accepting LN but not everyone are fully aware of it though. Still, I think majority will prefer using altcoins than LN ( but we never know).

I just checked my Shuffle account to see the deposit option, I see they have 11 altcoins available, so you can choose one among the many to deposit. They have USDT((I'm assuming TRC20), and other altcoins that doesn't require a high fee using their network.

I also don't like the Lightning Network because I have never used it at all in addition to the fact that the lightning network is still not popular with many people and it may be true what is said above, honestly now altcoins are an alternative where they can choose more simply in small and cheap transactions.

I have also deposited Bitcoin into shuffle with a fee of $8 which is heavy for me but because it was free BTC that I got so I decided to deposit there.

But the best choice is TRON including USDT TRC20 with a fee of $1 from exchange withdrawal to Shuffle.

For me that's really the coin that is very suitable for gambling, not only it's transaction fee is cheap and fast to confirm, you can also make sure that you won't be affected by crypto price volatility. That way, you'll be able to focus on winning alone and will not have to worry if the value of your currency will drop over time. Liquidity wise, it's easy to trade this coin as most of the major exchanges have a decent volume on USDT TR20 if traded with other coin.

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: BABY SHOES on December 31, 2023, 01:48:53 PM

Quote from: Botnake on December 31, 2023, 09:04:39 AM

I agree with, although I may say that it's a good way to promote accepting LN but not everyone are fully aware of it though. Still, I think majority will prefer using altcoins than LN ( but we never know).

I just checked my Shuffle account to see the deposit option, I see they have 11 altcoins available, so you can choose one among the many to deposit. They have USDT((I'm assuming TRC20), and other altcoins that doesn't require a high fee using their network.

I also don't like the Lightning Network because I have never used it at all in addition to the fact that the lightning network is still not popular with many people and it may be true what is said above, honestly now altcoins are an alternative where they can choose more simply in small and cheap transactions.

The thing is that players hold BTC, rather than transferring their BTC to exchange and convert it to altcoin then deposit it on the casino, I believe it is more convenient to use lightning network. The issue here is for people who have their BTC on their address like people who are in signature campaigns and want to use their BTC earnings to have fun in the casino. Choosing LN over the process of converting to altcoin is preferable, IMO unless your BTC is already on an exchange platform.

Quote from: BABY SHOES on December 31, 2023, 01:48:53 PM

I have also deposited Bitcoin into shuffle with a fee of $8 which is heavy for me but because it was free BTC that I got so I decided to deposit there.

But the best choice is TRON including USDT TRC20 with a fee of $1 from exchange withdrawal to Shuffle.

Not if your holdings are in BTC and it is on your non-custodial wallet...

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: Wind_FURY on December 30, 2023, 11:18:23 AM

ndumm and Shuffle admins, a mere suggestion. Because of the current network congestion happening in the Bitcoin network caused by Ordinals/BRC-20, may I suggest that the casino consider accepting Bitcoin deposits/withdrawals through the Lightning Network? I believe it could also be an opportunity to promote Lightning as an alternative and widen your network of users as well.

Perhaps giving free-spins/bonuses for every deposit through Lightning might encourage Bitcoiners to open a new path/method to use Bitcoin?

A noble suggestion, but as someone who has used altcoins during these congestions and still get to convert my coins to btc afterwards, I think it wouldn't be necessary. Not that I'm against LN or layer 2 in general, but if altcoins work quite well when btc is having a lot of problems due to network congestion, the effort to add LN functionality in the deposit/withdrawals will just be wasted. That resource could have been funneled elsewhere that helps the whole player base experience rather than catering to a select few that wants this to get done.

Also, even with the high fees, there's not a lot of people who are using LN anyways.

BABY SHOES

sr. member

Activity: 294

Merit: 433

HODL - BTC

Quote from: Botnake on December 31, 2023, 09:04:39 AM

I agree with, although I may say that it's a good way to promote accepting LN but not everyone are fully aware of it though. Still, I think majority will prefer using altcoins than LN ( but we never know).

I just checked my Shuffle account to see the deposit option, I see they have 11 altcoins available, so you can choose one among the many to deposit. They have USDT((I'm assuming TRC20), and other altcoins that doesn't require a high fee using their network.

I also don't like the Lightning Network because I have never used it at all in addition to the fact that the lightning network is still not popular with many people and it may be true what is said above, honestly now altcoins are an alternative where they can choose more simply in small and cheap transactions.

I have also deposited Bitcoin into shuffle with a fee of $8 which is heavy for me but because it was free BTC that I got so I decided to deposit there.

But the best choice is TRON including USDT TRC20 with a fee of $1 from exchange withdrawal to Shuffle.

Topic: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token - page 49. (Read 18503 times)