SquirrelJulietGarden
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August 20, 2022, 03:51:40 PM |
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Maybe should stop discussing about the issue here in the Owl Ann thread because Owl already made clear that they are not part of this messed up situation of Sandboxcasino. Starting or discussing more of this kind of topic will just start another wave of same discussion instead of focusing on the casino feature and games.
I agree. Using a software does not mean all things manage by Owl team. It is like casinos buy softwares, games from game providers but in the end, each casino is responsible to pay their users when they win, not game providers. I think this point is clear.
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dimonstration
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August 20, 2022, 03:54:19 PM |
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Maybe should stop discussing about the issue here in the Owl Ann thread because Owl already made clear that they are not part of this messed up situation of Sandboxcasino. Starting or discussing more of this kind of topic will just start another wave of same discussion instead of focusing on the casino feature and games.
I agree. Using a software does not mean all things manage by Owl team. It is like casinos buy softwares, games from game providers but in the end, each casino is responsible to pay their users when they win, not game providers. I think this point is clear. Besides, Sandbox can’t provide any evidence that a malicious transaction happened on game results which means the issue doesn’t involve software fault. The only reason why Owl become involve is because they are being drag by Sandbox to release official statement and they share same gambling license which they already clarified that it’s only because of there partnership.
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sujonali1819
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Need Campaign Manager?PM on telegram @sujonali1819
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August 20, 2022, 05:19:09 PM |
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It's better not to discuss the issue anymore in this thread. Even the owl.games also said that they would not give any response regarding this case in this thread. So I will suggest you guys to stop that discussion. Meanwhile, try their platform and share your experience. Suggest if something needs to develop. I am pretty sure owl.games will do it indeed.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | .
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RILWAN
Member
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Activity: 742
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Global peace initiative
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August 20, 2022, 06:38:17 PM |
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Owl team has helped the guys to get justice for his case and they have distanced themselves from the company that perpetrated as scam act, owl token and the casino itself never hard any issues but just the third party they're used to provide games for that was involved in that act but with the intervention, the players were able to get a response from the company. That shows how they have legitimate intentions for the community.
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fortunecrypto
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August 20, 2022, 11:36:14 PM |
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After the relaunch of the signature campaign and addressing the issue I am on watch on the price of Owltoken now in the market, I add more Owl tokens to my portfolio which I intend to stake I think the 7% dip a week ago is the floor price and we will see an improvement on the price again, the volume is decent for an up and coming project like Owltoken, I hope the admin will be more active here again like posting updates not only when they have issues that they need to resolve.
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virasog
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Leading Crypto Sports Betting & Casino Platform
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August 20, 2022, 11:41:24 PM |
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After the relaunch of the signature campaign and addressing the issue I am on watch on the price of Owltoken now in the market, I add more Owl tokens to my portfolio which I intend to stake I think the 7% dip a week ago is the floor price and we will see an improvement on the price again, the volume is decent for an up and coming project like Owltoken,
Also note that the price of bitcoin is not stable and is in a dumping mode which has cause the current dip in the price. I think this is an attractive price to buy and accumulate more owl tokens. I hope the admin will be more active here again like posting updates not only when they have issues that they need to resolve.
Its good that OP seems to be more concerned about resolving the issues. In some other gambling threads you may see that managers only interest is to post the updates and do not care for people problems.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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BitcoinHunt3r
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August 21, 2022, 03:13:19 AM |
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Also note that the price of bitcoin is not stable and is in a dumping mode which has cause the current dip in the price. I think this is an attractive price to buy and accumulate more owl tokens.
From my observation the price of tokens has continued to decline since the last 3 months but if taken from the last 1 year the current price is 4x higher than last year This means that the current price is not in a safe position as you said the majority of altcoins including OWL will follow the Bitcoin price trend.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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virasog
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Activity: 3150
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Leading Crypto Sports Betting & Casino Platform
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August 21, 2022, 03:42:10 AM |
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Also note that the price of bitcoin is not stable and is in a dumping mode which has cause the current dip in the price. I think this is an attractive price to buy and accumulate more owl tokens.
From my observation the price of tokens has continued to decline since the last 3 months but if taken from the last 1 year the current price is 4x higher than last year This means that the current price is not in a safe position as you said the majority of altcoins including OWL will follow the Bitcoin price trend. So you mean that we should not invest in owl tokens at current prices and wait for more dip in the price? Well, this may be true but if bitcoin stopped dumping as we are very near to bitcoin's 20K support, the altcoin prices will start rising including the owl token. So the best option is to buy some owl at current prices and buy some more if the prices come down. However, in the long run, OWL will be listed in more exchanges and the price will automatically be increasing. So this is one of the safest investments in my opinion.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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BitcoinHunt3r
Legendary
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Activity: 3108
Merit: 1156
Leading Crypto Sports Betting & Casino Platform
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August 21, 2022, 04:44:04 AM |
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Also note that the price of bitcoin is not stable and is in a dumping mode which has cause the current dip in the price. I think this is an attractive price to buy and accumulate more owl tokens.
From my observation the price of tokens has continued to decline since the last 3 months but if taken from the last 1 year the current price is 4x higher than last year This means that the current price is not in a safe position as you said the majority of altcoins including OWL will follow the Bitcoin price trend. So you mean that we should not invest in owl tokens at current prices and wait for more dip in the price? Well, this may be true but if bitcoin stopped dumping as we are very near to bitcoin's 20K support, the altcoin prices will start rising including the owl token. So the best option is to buy some owl at current prices and buy some more if the prices come down. However, in the long run, OWL will be listed in more exchanges and the price will automatically be increasing. So this is one of the safest investments in my opinion. Well that's what I mean because the position is not safe then not recommended buy allin there must be a reserve fund to anticipate further decline So far no token based casino has been running in a long time so we can't have higher expectations but if OWL can do it then it will go down in history BTW Owl has a major competitor in this forum you must know what I mean as an investor, they will definitely compare it.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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babygun
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August 21, 2022, 06:48:42 AM |
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So you mean that we should not invest in owl tokens at current prices and wait for more dip in the price? Well, this may be true but if bitcoin stopped dumping as we are very near to bitcoin's 20K support, the altcoin prices will start rising including the owl token. So the best option is to buy some owl at current prices and buy some more if the prices come down.
However, in the long run, OWL will be listed in more exchanges and the price will automatically be increasing. So this is one of the safest investments in my opinion.
That is a bold statement to make. It is not because they will get listed on exchanges that the price will automatically go up (initially it will if they get listed on some big exchanges) but after that the price will be more dependent on the development that owl.games keeps making.
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Piesel
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August 21, 2022, 08:54:35 AM |
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So you mean that we should not invest in owl tokens at current prices and wait for more dip in the price? Well, this may be true but if bitcoin stopped dumping as we are very near to bitcoin's 20K support, the altcoin prices will start rising including the owl token. So the best option is to buy some owl at current prices and buy some more if the prices come down.
However, in the long run, OWL will be listed in more exchanges and the price will automatically be increasing. So this is one of the safest investments in my opinion.
That is a bold statement to make. It is not because they will get listed on exchanges that the price will automatically go up (initially it will if they get listed on some big exchanges) but after that the price will be more dependent on the development that owl.games keeps making. A bold statement in deeds, more exchange listing will definitely expose the token to a bigger market with an increase in the volume of the token trading but that will also force more volatility on the price and market which can go in two ways either a drastic pull back or a shot up in price. But then the team needs to get the right exchange for the token if not they should remain with the present exchange instead of getting exposed to the wrong market and exchange team.
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virasog
Legendary
Offline
Activity: 3150
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
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August 21, 2022, 09:36:10 AM |
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Also note that the price of bitcoin is not stable and is in a dumping mode which has cause the current dip in the price. I think this is an attractive price to buy and accumulate more owl tokens.
From my observation the price of tokens has continued to decline since the last 3 months but if taken from the last 1 year the current price is 4x higher than last year This means that the current price is not in a safe position as you said the majority of altcoins including OWL will follow the Bitcoin price trend. So you mean that we should not invest in owl tokens at current prices and wait for more dip in the price? Well, this may be true but if bitcoin stopped dumping as we are very near to bitcoin's 20K support, the altcoin prices will start rising including the owl token. So the best option is to buy some owl at current prices and buy some more if the prices come down. However, in the long run, OWL will be listed in more exchanges and the price will automatically be increasing. So this is one of the safest investments in my opinion. Well that's what I mean because the position is not safe then not recommended buy allin there must be a reserve fund to anticipate further decline So far no token based casino has been running in a long time so we can't have higher expectations but if OWL can do it then it will go down in history BTW Owl has a major competitor in this forum you must know what I mean as an investor, they will definitely compare it. Who is the major competitor of the OWL token on this forum? Are you referring to the Fun token, if so then that is already on big exchanges? OWL token has a lot of way to progress. That is a bold statement to make. It is not because they will get listed on exchanges that the price will automatically go up (initially it will if they get listed on some big exchanges) but after that the price will be more dependent on the development that owl.games keeps making.
Nobody knows about the future and how will the project will be after a few years but currently, I don't see anything which changes my mind about investing in the OWL token. They also have restarted their signature campaign, they mean business here.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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xSkylarx
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August 21, 2022, 09:36:31 AM |
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But then the team needs to get the right exchange for the token if not they should remain with the present exchange instead of getting exposed to the wrong market and exchange team.
I hope they get it listed on a reputable exchange that we have now like kucoin or binance. There are some people like me that prefer only buying tokens or crypto on those exchanges because being listed on those means they are a good project and not a shitcoin. Low volume exchanges usually has many shitcoins on their platform and it would not be a good image for OWL token if they plan to get listed there.
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jossiel
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August 21, 2022, 10:05:30 AM |
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But then the team needs to get the right exchange for the token if not they should remain with the present exchange instead of getting exposed to the wrong market and exchange team.
I hope they get it listed on a reputable exchange that we have now like kucoin or binance. There are some people like me that prefer only buying tokens or crypto on those exchanges because being listed on those means they are a good project and not a shitcoin. Low volume exchanges usually has many shitcoins on their platform and it would not be a good image for OWL token if they plan to get listed there. I think being in pancakeswap is already a good exchange to have but yes, I agree with some additional good exchanges, they'll make the volume higher for the owl token. Currently their volume on pancakeswap dropped. While they have a better volume on mexc based on coinmarketcap. We shall see it soon as I'm seeing the team doing what's necessary and everything they can at the moment to make the volume higher and make the token known and as well as the casino.
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Eternad
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August 21, 2022, 02:02:15 PM |
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But then the team needs to get the right exchange for the token if not they should remain with the present exchange instead of getting exposed to the wrong market and exchange team.
I hope they get it listed on a reputable exchange that we have now like kucoin or binance. There are some people like me that prefer only buying tokens or crypto on those exchanges because being listed on those means they are a good project and not a shitcoin. Low volume exchanges usually has many shitcoins on their platform and it would not be a good image for OWL token if they plan to get listed there. I hope so because the price is already back on its original price before it was listed on the MEXC exchange. I’m partly happy that this happened because it only means that those fomo investors that just bought OWL because of hype is already out while we can buy more at cheap price before it will be listed on much bigger exchange. We know already how explosive the price during exchange listing. It will be a good move if we will buy the dip now and hold.
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SquirrelJulietGarden
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August 21, 2022, 02:42:26 PM |
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I hope so because the price is already back on its original price before it was listed on the MEXC exchange. I’m partly happy that this happened because it only means that those fomo investors that just bought OWL because of hype is already out while we can buy more at cheap price before it will be listed on much bigger exchange.
It is difficult in bear market and it depends on both development and marketing of Owl games team and Bitcoin trend. If Bitcoin trend is bearish, and it has a crash, altcoins will be in massacre. OWL token will hardly to be exception in red days of crypto market. Fortunately, crypto casinos are very strong and they can survive in bear market. If your casino has good reputation, gamblers will stay with you, new gamblers will join and in bear market, they will have more time for gambling when they can not get money from trading or investment. We know already how explosive the price during exchange listing. It will be a good move if we will buy the dip now and hold.
It is what newbies misunderstand. They think a token will have good price by listing on Tier 1 exchanges. It is true but not a total truth. Price can rise after the listing news but listing on Tier 1 exchanges don't create value. Value is decide by utility of that token which in turn is built by development. If you see, many tokens have x100 on Binance (after listing) but later it lost in price. In the end, being tradable on Binance does not create value and not help to maintain the price. Spending money to list a token on exchanges don't create value or maintain the price of that token in long term.
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Coin_trader
Copper Member
Legendary
Offline
Activity: 2954
Merit: 1226
Leading Crypto Sports Betting & Casino Platform
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August 21, 2022, 03:47:13 PM |
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It is what newbies misunderstand. They think a token will have good price by listing on Tier 1 exchanges. It is true but not a total truth. Price can rise after the listing news but listing on Tier 1 exchanges don't create value. Value is decide by utility of that token which in turn is built by development.
If you see, many tokens have x100 on Binance (after listing) but later it lost in price. In the end, being tradable on Binance does not create value and not help to maintain the price.
Spending money to list a token on exchanges don't create value or maintain the price of that token in long term.
Technically this true when you are pertaining on the exchange listing alone because they just simply add tokens on there exchange. But exchange has the liquidity coming from users using it which is the reason why the price pumping during listing because traders wants to ride the hide of the newly listed token. This is the usual scenario on exchange that’s why newbie always have a misconception about token listing because they thought that exchange is the one who’s pumping the token and not the traders that speculate on the token price. It’s true that project development creates the organic value on the token but still they need to be listed on top exchange if they want exposure from traders because whale traders use top exchange as there main exchange. It’s very hard to get a proper exposure on crypto space even if you have a solid project without being listed on top exchange.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Blowon
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August 21, 2022, 03:50:45 PM |
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It is what newbies misunderstand. They think a token will have good price by listing on Tier 1 exchanges. It is true but not a total truth. Price can rise after the listing news but listing on Tier 1 exchanges don't create value. Value is decide by utility of that token which in turn is built by development.
If you see, many tokens have x100 on Binance (after listing) but later it lost in price. In the end, being tradable on Binance does not create value and not help to maintain the price.
Spending money to list a token on exchanges don't create value or maintain the price of that token in long term.
Technically this true when you are pertaining on the exchange listing alone because they just simply add tokens on there exchange. But exchange has the liquidity coming from users using it which is the reason why the price pumping during listing because traders wants to ride the hide of the newly listed token. This is the usual scenario on exchange that’s why newbie always have a misconception about token listing because they thought that exchange is the one who’s pumping the token and not the traders that speculate on the token price. It’s true that project development creates the organic value on the token but still they need to be listed on top exchange if they want exposure from traders because whale traders use top exchange as there main exchange. It’s very hard to get a proper exposure on crypto space even if you have a solid project without being listed on top exchange. that's the general picture, the market scenario is difficult to guess, there must be someone, we only know the front side but not the back side, many are not just whales sometimes the devs also pump or come from the exchange
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Tumanggor
Full Member
Offline
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
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August 22, 2022, 02:38:24 PM |
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I think being in pancakeswap is already a good exchange to have but yes, I agree with some additional good exchanges, they'll make the volume higher for the owl token.
Currently their volume on pancakeswap dropped.
While they have a better volume on mexc based on coinmarketcap.
We shall see it soon as I'm seeing the team doing what's necessary and everything they can at the moment to make the volume higher and make the token known and as well as the casino.
OWL tokens have great potential, I'm trying to buy some OWL on spiritswap, it's really fast process I strongly support for devs to start listing OWL tokens on other major CEXs so that the price of OWL tokens can be boosted. but I will still patiently wait because listing on a large CEX is not an easy thing
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coupable
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August 22, 2022, 04:07:47 PM |
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I have browsed the last pages of this thread. I noticed that all the discussions were about the token, its position in the market, and how the platform can support it. The project focus from diligent work on developing the platform to supporting the token in the market and interests in including it on more platforms. This is definitely profitable for the platform, since it makes profits from the games it provides and from the value of the tokens that it owns a large amount of. But I think that the concept of the project has gone out of its framework, which is gambling and betting. Is there a real benefit from the token? I mean, in what can it be used as long as it is not the only currency supported by the platform?
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