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[ultrloa]

So far 67.86% RLB tokens were burned.

It has been years since they launched RLB and until today they still hold up their promise to buy&burn those RLB. The token is kinda underrated though but at some point, I wanna see how this gonna affect the price by 2030

If the number of RLB reduce by burned, that makes RLB scars and could impact to the price which can increased especially if many people want to invest in RLB. Perhaps the price still underrated like others but if they still manage this for a long term, we will see the effect in the future.

I wonder how big casino tokens in the future as we have many casinos launched their own token to attract investors. That will be another way for the investors to make a profit.

No doubt that those series of burning done by Rollbit is truly helpful to make their token scarce. But what we need to understand that the price have more chance to go up once their platform continues to grow and many people choose to buy then hold their token.

At the moment RLB may looks like underrated, but best result will just show up if they are consistent with those good developments on their casino.

Many casino create their native tokens, it somehow give those investors an alternative option to earn. But I believe those token that have strong tokenomics and have actual use will survive.

[Ruttoshi]

No doubt that those series of burning done by Rollbit is truly helpful to make their token scarce. But what we need to understand that the price have more chance to go up once their platform continues to grow and many people choose to buy then hold their token.

At the moment RLB may looks like underrated, but best result will just show up if they are consistent with those good developments on their casino.

Many casino create their native tokens, it somehow give those investors an alternative option to earn. But I believe those token that have strong tokenomics and have actual use will survive.

I have hardly seen a casino token perform well in the long run because people only see it as a token that can only be used only in the casino. Moreover, the casino will definitely pay more attention to providing gambling services that on the token which is also another reason why they end up like other shitcoins.

[Johnlomape]

I  have hardly seen a casino token perform well in the long run because people only see it as a token that can only be used only in the casino. Moreover, the casino will definitely pay more attention to providing gambling services that on the token which is also another reason why they end up like other shitcoins.

Casino tokens are mostly seen as inferior tokens that don't really have the hype. Anyone that is only after a casino token is doing that to get rewarded by the casino. Some casino will highly reward you when you hold their tokens staking it for some period of time to reduce the possibility of users selling too early which can make the price to lose adoption.

If I intend to hold any casino token, I will be doing that for the reason of using it to bet on the casino and I also know that other bonus reward with be attached to it when I hold it. Casino tokens do have less adoption and many investors don't take it seriously.

[Catenaccio]

Casino tokens are mostly seen as inferior tokens that don't really have the hype. Anyone that is only after a casino token is doing that to get rewarded by the casino. Some casino will highly reward you when you hold their tokens staking it for some period of time to reduce the possibility of users selling too early which can make the price to lose adoption.

It's important to expand a casino token to other platforms and it was reason I was excited about a token of Freebitco.in casino but in this forum we all knew about how big issues happened with Freebitco.in casino. So having news about a token development like that is interesting but as we all experienced in cryptocurrency, promises are only promises and can disappear anytime.

Rollbit has shown their strong dedication to keep up operations of their casino, development of RLB token and has already spent a lot of money for the token buy back and burn program in years. It will be super exciting if RLB token can be used on other platforms through business partnership and I really hope that they will think about that.

[blomen]

https://x.com/rollbit/status/2085613145775575306

i saw this post on rollbit’s x account. do you think bitcoin will drop to $55,000 before the year is out? i think it will. we’re still in the middle of a bear market, and it wouldn’t be surprising at all if the price fell another $10,000. the 1.67 odds aren’t too bad.

[JiiBs]

Casino tokens are mostly seen as inferior tokens that don't really have the hype. Anyone that is only after a casino token is doing that to get rewarded by the casino. Some casino will highly reward you when you hold their tokens staking it for some period of time to reduce the possibility of users selling too early which can make the price to lose adoption.

Rollbit has shown their strong dedication to keep up operations of their casino, development of RLB token and has already spent a lot of money for the token buy back and burn program in years. It will be super exciting if RLB token can be used on other platforms through business partnership and I really hope that they will think about that.

That’s always the hard part about casino tokens and just any other tokens out there, its utility always proves a problem. One thing to note is that, they are mostly native to the casinos and are built on other projects existing blockchains. They are far from being a coin and as such, one wouldn’t expect them to have a wide range of utility outside its native casino. Reinvesting them by buying and staking has being the best way to use them so far but, I’ve never being optimistic on its use outside its native casino though, we know quite well it’s the only means to rapid growth.

[Agbe]

https://x.com/rollbit/status/2085613145775575306
i saw this post on rollbit’s x account. do you think bitcoin will drop to $55,000 before the year is out? i think it will. we’re still in the middle of a bear market, and it wouldn’t be surprising at all if the price fell another $10,000. the 1.67 odds aren’t too bad.

I wish you good luck for all the gamblers who place their bet in this 1.67 odd against bitcoin but I bet against the odds. Lately I have read some news about the reason bitcoin price is rising again. According to the news, the recent US job lost by many workers who invest in bitcoin caused the rise.

Bitcoin tops $65K after US jobs data surprises markets

Bitcoin climbed above $65,000 after the July U.S. jobs report showed a net loss of 23,000 payrolls — sharply below the 80,000 forecast and the third-largest decline since 2020.

The weak labour data pushed traders to price out the likelihood of a September Federal Reserve rate hike, boosting risk assets including crypto. A softer rate outlook tends to reduce the opportunity cost of holding non-yielding assets like Bitcoin.

Source

And my take on this, bitcoin will not go down to $55k before the next halving and if it will hit that price, bitcoin would have hit $56k as we enter this year. I bet against that odds

[retreat]

https://x.com/rollbit/status/2085613145775575306

i saw this post on rollbit’s x account. do you think bitcoin will drop to $55,000 before the year is out? i think it will. we’re still in the middle of a bear market, and it wouldn’t be surprising at all if the price fell another $10,000. the 1.67 odds aren’t too bad.

Considering the bearish market, yes, it's possible that the price could drop to $55,000, but before the drop, it's predicted that the price will rise first and then fall again. So no one can predict when that will happen, it could be before the end of the year or even next year. So, personally, I'm not interested to take that bet due to the uncertainty, but for those just looking for fun, they could put a few dollars on it, and they might be right.

[Catenaccio]

Bitcoin tops $65K after US jobs data surprises markets

Bitcoin climbed above $65,000 after the July U.S. jobs report showed a net loss of 23,000 payrolls — sharply below the 80,000 forecast and the third-largest decline since 2020.

The weak labour data pushed traders to price out the likelihood of a September Federal Reserve rate hike, boosting risk assets including crypto. A softer rate outlook tends to reduce the opportunity cost of holding non-yielding assets like Bitcoin.

Source

And my take on this, bitcoin will not go down to $55k before the next halving and if it will hit that price, bitcoin would have hit $56k as we enter this year. I bet against that odds

Your take on this is not a matter with me, with Bitcoin market and with Bitcoin market makers.

Bitcoin market history shows that market moves oppositely to what the crowd think, predict, speculate about the market. It's very easily for market makers to know about the crowd's most popular market speculation. Then you know they are stupid to just let the market goes like what the majority of the crowd think about.

They will manipulate the market towards something opposite.

You can use it for your market speculation but market makers know all about these things.

[Frankolala]

https://x.com/rollbit/status/2085613145775575306

i saw this post on rollbit’s x account. do you think bitcoin will drop to $55,000 before the year is out? i think it will. we’re still in the middle of a bear market, and it wouldn’t be surprising at all if the price fell another $10,000. the 1.67 odds aren’t too bad.

We are in the month of August and bitcoin price still hovering around the $65k price level which is still a sign that the price might still dip below $55k by October because in the previous circle the bottom was in November. It's till we are in the month of December that I might believe that bitcoin wouldn't dip below the bottom price.

[SilverCryptoBullet]

We are in the month of August and bitcoin price still hovering around the $65k price level which is still a sign that the price might still dip below $55k by October because in the previous circle the bottom was in November. It's till we are in the month of December that I might believe that bitcoin wouldn't dip below the bottom price.

In a bear market, everything bad can happen but you can use the cryptorank.io site for checking Bitcoin price history in months and quarters.

This page for Bitcoin price history.
https://cryptorank.io/price/bitcoin

You can check and see that August is not a good month for Bitcoin in past years.
In average, it's -0.39%, and in media, it's -7.15%.

[blomen]

In a bear market, everything bad can happen but you can use the cryptorank.io site for checking Bitcoin price history in months and quarters.

This page for Bitcoin price history.
https://cryptorank.io/price/bitcoin

You can check and see that August is not a good month for Bitcoin in past years.
In average, it's -0.39%, and in media, it's -7.15%.

at the very least, if a bet is to be made, i think the logical bet is to bet on bitcoin falling. during a bull market, we don’t think bitcoin will ever fall below a certain price; on the contrary, we make very outlandish price predictions. i think the opposite should be true during a bear market. a price drop of more than 50% from bitcoin’s all-time high is a very common occurrence. expecting more than that isn’t absurd to me. after all, a drop of just a little over 50% would mean this bet wins.

still, we’ll just have to wait and see. it doesn’t matter whether my prediction comes true or not.

[AprilioMP]

https://x.com/rollbit/status/2085613145775575306

i saw this post on rollbit’s x account. do you think bitcoin will drop to $55,000 before the year is out? i think it will. we’re still in the middle of a bear market, and it wouldn’t be surprising at all if the price fell another $10,000. the 1.67 odds aren’t too bad.

We are in the month of August and bitcoin price still hovering around the $65k price level which is still a sign that the price might still dip below $55k by October because in the previous circle the bottom was in November. It's till we are in the month of December that I might believe that bitcoin wouldn't dip below the bottom price.

We can certainly make predictions here, since yesterday @rollbit.com was also still seeking discussion about Bitcoin’s price.
The price in October—which, according to circulating predictions, is expected to experience a deep decline—remains uncertain, even though some have already calculated when Bitcoin’s bottom will occur after its all-time high (ATH) surpasses $100k, with the possibility of a very steep price drop following the ATH. Something will happen in 2026, and I might believe in a deep decline, but not one with a large percentage drop.