[ANN] NoLimitCoin & No Limit Fantasy Sports

[nguynnguynminh51]

Good coin. I like it.))
Anyone having this problem in cryptofantasysports?

[1713880096]

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[cjl1984]

Such a good project has been supported by many people. I will pay close attention to this excellent project. Good luck to you.

[chelovechina]

when hitbtc?

[ANDREW 555]

No Rake Poker Platform Release (Q2)
https://coindar.org/en/event/nolimitcoin-nlc2-no-rake-poker-platform-release-8527

[size_m]

does anybody know a reason why this coin crashed so badly in the last weeks?
i thought this would be a very promising and attractive project.
but obviously something is going wrong here.
is there any issue with the fantasy sports technically or what else could be the problem?

[Lazarusabi]

After all this time it still shows promise -  will pay close attention to this project. Good luck to the team.

[crazyhonez000064]

When I see this website is very simple and easy to understand it's good a lot translating, very good, I am sure this project will be many who join.

[Sir Dagonet]

I'd ask the same question as size_m above...

I bought in August 2017 when it was highlighted (shilled?) by several YouTube channels.  Not trying to be a troll, I'm honestly just asking the community if it's a dead coin, overhyped coin, a failed effort, or what?

[NLCManagerRG]

None of that, we have platforms we will be releasing making us unique. We will soon receive a certification our coin is a utility coin, and not a security, that will allow us to enter more exchanges and be certified legal in the USA. We will release Baseball soon and poker, the first no rake platform ever. So we are delivering all we promised, and when the market sees what we are doing and sees the platforms and the demand that those will cause to the coin then all participants will see the complete eco system.

[Sir Dagonet]

None of that, we have platforms we will be releasing making us unique. We will soon receive a certification our coin is a utility coin, and not a security, that will allow us to enter more exchanges and be certified legal in the USA. We will release Baseball soon and poker, the first no rake platform ever. So we are delivering all we promised, and when the market sees what we are doing and sees the platforms and the demand that those will cause to the coin then all participants will see the complete eco system.

Thanks for the reply, best of luck to you and the organization

[samsamcomehere10396]

cryptofantasysports.com does not allow email and google authorization

[ju34400]

any news about the poker platform?
it was planned for Q2 i suppose you are close to launch
im wondering how you can make 0 rake?

[cryptoman2.0]

Somebody just bought big, price jumped to $0.12 not sure if it was a pump dump, as it looks like its not the same selling as buying. I think the selling is long term holders taking some profit. This coin is not meant to be a $0.10-$0.05 coin, its true value when the poker is added will be in the $1 range i have no dought it will reach this in early 2019.

[CryptoClubBTM]

Amazing project that we have been watching since Day one. Keep up the amazing job. its a wonder why this coin is not above $1

[NightDream]

CEO Video Update 3/4 - Pro vs Pro
https://www.youtube.com/watch?v=_fGcasU9f20&feature=youtu.be

NoLimitCoin CEO Rafael talks about the new addition to our platform Pro vs Pro, where pros play heads up matches where you can see their teams, pick one and bet against other players picking the other pros team.

[TalkBitcoinsCom]

NoLimitCoin launched Crypto Fantasy Sports (they give 10 free NLC2 per new user)
 
Also I heard they added norake poker

[truethat]

I would suggest not having high fees for nlc2 purchases or cash-ins to fiat on the sites.  Because that just looks like a hidden rake fee.  Just keep the price pegged to what its trading in the exchanges.  Don't punish your customers that want to gamble.  make it very cheap and easy for them to buy with fiat, then sell back to fiat on the cc for example.  So they can play games and get out.  Daily Fantasy Sports is fine for crypto because its very little market exposure.  Or poker.  No problemo.  But fees like 10%, or whatever fees above what an exchange would charge are just penalties.  I really think the people who want to gamble won't be the people speculating on the exchanges.  its two separate worlds.  So long as you are charging the prices determined by the exchanges its fine.  But using that to make money is a no no.  its a hidden rake fee.  lets be honest.

keeping the coins transferring within the sites is fine.  having less trading on the exchanges will help the value.  just like staking.  But people staking won't be the people gambling.  i thought maybe they would be the same people, but i don't think so. 

just make it really simple, cheap, and easy for people to use their cc on the sites to buy nlc2, play for an hour or a day, then get it back to their cc. 

for longer tournaments i don't even think nlc2 will make sense.  Because its too much market exposure.  there will always be fluctuaions in value when you trade commodities.  even going from the Euro to the Dollar is a pain sometimes.  People don't want to deal with this if they're just trying to gamble.  Imagine poker chips in a casino if they were, for example, pegged to DASH.  for a day, maybe a week at most, it might be ok, but after that it wouldn't make sense because its too much market exposure. 

get rid of the high fees, guys.  its just a hidden rake from a practical point of view. 

nlc2 is a great coin.  but the crypto speculators and gamblers are different people. 

[truethat]

I don't even think having the nlc2 debit card will be a great idea.  Because its just keeping people exposed to the market.  And what they want is to minimize exposure.  So they buy nlc2 with their fiat cc.  they play for an hour, a day, maybe a week, but as it stretches out they get exposed to the market and can lose money.  So they'll want to then put it right back into fiat on their cc.  make that as cheap as possible for them to do.

that's the way.

[truethat]

And on the cryptofantasysports site, as well as the poker site, you should make it very clear to players buying in that this is a currency so its subject to fluctuation, so they clearly understand that holding it is exposing them to market volatility.  most of these people have probably never traded between currencies even.  they don't have experience with this.  so they have to be educated a bit.  so they understand that if they want to avoid exposure they should minimize their time holding.  You have to explain this to them and make it easy to get in and out, so they can decide what they want to do.  and make it cheap to do.  otherwise this one little detail could, and i'm serious, affect your business.

[truethat]

The nlc2 is sort of presented to someone gambling online as a poker chip, or something even pegged to their fiat.  they just buy it and play games.  That's half of it.  Its more like, for example, trading into the Japanese Yen or something from the dollar, gambling, then going back into the dollar.  Nlc2 is a globally-traded currency that will fluctuate, and those fluctuations will most of the time be totally unrelated to gaming.  they have to do with market psychology.  So there can be benefits but also risk and downsides to this for a gamer.  Especially if they're a total newb to commodities, cryptos, etc.  There will be cases where people win money but because of the market they lose money.  Depending how long they were exposed to the market.  And there will be cases where people lose money, but still make money because of those same forces.  

So perhaps the websites need to be a bit more sophisticated, where they include for the user what the price was when they logged on and where the price is at the moment, on the screen for them to clearly see.   People have been gambling with bitcoin for years already.  So this isn't that shocking to have a floating currency with gambling.  But its definitely an element of risk thrown in on top of the risk of losing in a game.  Because crypto-currencies are still very new companies like yours are, like it or not, pioneering.  In America, for example, i really doubt most people have been international currency traders before.  Or that they all understand market exposure like a day-trader would.  

I definately think this project will be successful.  This is a spot i haven't really seen addressed in it so far, though.  Because everything people eat, drink, live in, where, is pegged to fiat money, They'll always need to go back to that.  Having a debit card is a convenience, but it masks the trading between currencies really going on.  Nlc2 will never be, for example, as stable to the dollar as the Yen even.  It will be much wilder for the foreseeable future.  hopefully trending up.  But with lots of downs as well, and nobody knows when those will happen.  

so the gambler is much safer getting in and getting out in under a day or a few days.