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

[dimonstration]

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.

[1714751273]

1714751273

[1714751273]

1714751273

[Wind_FURY]

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)_/¯

[avp2306]

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.

[MusaMohamed]

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.

[Wapfika]

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.

Shuffle is performing well in terms of profitability before the introduction of their tokens so you’re right when you said that their good revenue flow can help a lot to boos the price and at the same time burn a huge percentage of token since they are buying it back on lower price which is very good for the future valuation.

It’s dumb to sell SHFL tokens while the whole market is on correction since the current price is way undervalued considering it’s current supply and the token burn rate.

I’m only waiting for this exchange to be available on cheaper fee blockchain such as BSC before I start to DCA. Doing DCA on Ethereum DEX or the current CEX seems not a good idea due to high fee and huge price spread on CEX.

[BABY SHOES]

Tonight's UCL clash will be hot and heavy again as the two matches are tied on aggregate, meaning tonight will decide who makes it to the semifinals.
I'm curious about Bayern Munich even though in the Bundesliga it's not very good but there is hope against Arsenal to win at home, I take the odds.
Manchester City vs Real Madrid is even crazier as Real Madrid's odds are the highest - same I'm curious about Real Madrid and did a multi bet with total odds of 13.

I think it will be a surprise.

[o48o]

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.

We can't really compare Betfury to this. They have different mechanism, as they are not buying the tokens from the market. Their team has a certain amount of tokens that they hold themselves, that are allocated for burning and that's basically it, apart from small amount of tokens from users, that are lost and burned by gambling.

So their casino revenue won't affect to price in any way. And since those tokens wouldn't have ever hit the market anyway, it isn't really affecting to scarcity. You can pretty much reduce the future burns from the circulated supply (as they aren't circulating). This way you get more realistic higher marketcap, and you see that has room to drop in price.

But that's $BFG... And $SHFL has none of these problems. I feel like i am over-praising Shuffle team but they did a really good job on that. Token value will be reflected directly by their revenue. If that doesn't show now, it will show eventually.

[MusaMohamed]

Shuffle is performing well in terms of profitability before the introduction of their tokens so you’re right when you said that their good revenue flow can help a lot to boos the price and at the same time burn a huge percentage of token since they are buying it back on lower price which is very good for the future valuation.

It’s dumb to sell SHFL tokens while the whole market is on correction since the current price is way undervalued considering it’s current supply and the token burn rate.

Shuffle did their business well before they joined Bitcoin talk forum and they did well in the forum before they deployed their SHFL token. I don't have skeptical thinking about their business and the success of SHFL token. It will need many conditions to succeed, from their platform reputation, success to tokenomics of SHFL token but generally I see bright future for the business and their native currency SHFL token.

I’m only waiting for this exchange to be available on cheaper fee blockchain such as BSC before I start to DCA. Doing DCA on Ethereum DEX or the current CEX seems not a good idea due to high fee and huge price spread on CEX.

The recent upgrade of Ethereum blockchain is still not enough to help retail investors or normal users with not big capital but need to move ETH or ERC20 tokens regularly.

Vitalik and his developer teams must work harder and release more upgrades to help on chain transaction fee on ETH blockchain cheaper than now.

[Wind_FURY]

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.

What's that casinos actual monthly revenue? If you could answer that, you could answer how much is being bought and being burned. Because if the token has low market volume, then there's low demand, OK. BUT it's absolutely also undervalued if the token burn is concurrently high because casino's revenue is high. THAT'S a Golden Opportunity to buy at very discounted prices while the market hasn't made the adjustment ser.

[tranthidung]

What's that casinos actual monthly revenue? If you could answer that, you could answer how much is being bought and being burned.

A big casino with big business and good profit will be able to assign part of their profit for buy back and burn program. They need to have good profit, then make decision to assign some percent of profit for this program. Big or small fund for buy back and burn program mainly depends on their business income and profit.

If Shuffle can provide their users information, like you are discussing, on their user dashboard, it will be very helpful. I don't know Shuffle team have this information for users to access publicly with their accounts and dashboards or only release this information in regular report like weekly, monthly or quarterly.

The best is allow user to have it anytime, permissionless through a dash board. If they don't have it at the moment, they can consider to build it.

[Little Mouse]

Manchester City vs Real Madrid is even crazier as Real Madrid's odds are the highest - same I'm curious about Real Madrid and did a multi bet with total odds of 13.

English media and bookies, both underestimate Real Madrid every year lol. Real Madrid had the lowest outright odd among the top 7/8 clubs in 2021/22, can't remember how much the odd was this time but see how they won 2021/22 UCL.

[komisariatku]

1000x plinko.. 

[Little Mouse]

1000x plinko.. 

That's a nice one. I have been trying my luck with slots for hitting 1000x but unfortunately, 898x was my highest so far.

[Wind_FURY]

What's that casinos actual monthly revenue? If you could answer that, you could answer how much is being bought and being burned.

A big casino with big business and good profit will be able to assign part of their profit for buy back and burn program. They need to have good profit, then make decision to assign some percent of profit for this program. Big or small fund for buy back and burn program mainly depends on their business income and profit.

If Shuffle can provide their users information, like you are discussing, on their user dashboard, it will be very helpful. I don't know Shuffle team have this information for users to access publicly with their accounts and dashboards or only release this information in regular report like weekly, monthly or quarterly.

The best is allow user to have it anytime, permissionless through a dash board. If they don't have it at the moment, they can consider to build it.

I was merely asking avp2306 a rhetorical question to make him understand that Shuffle and the casino he mentioned, BetFury, are different. There might be a situation when one casino token's market conditions may not be as good as another casino's token because of their financial performance. Shuffle and BeFury may be the same, but the are definitely NOT the same company.

[panjul07]

1000x plinko.. 

That's a nice one. I have been trying my luck with slots for hitting 1000x but unfortunately, 898x was my highest so far.

I think you need to play slots more so you can hit multiplier bigger than 1000x, or maybe you chose the wrong slot which is hard to give big multiplier.
However if talking about experience at Shuffle, I have not hit big multiplier in both slot and plinko since my activities here is not much to be honest.
Tried to beat the available challenges at Stake with few deposits but still not luck so far.
I think it is better to wager in order to unlock SHFL now while waiting for the 2nd Aridrop.

[o48o]

1000x plinko..  

Nice one. Too bad it was with a small bet.
But i guess it can get costly fast before you get that *1k when you play with high risk level. Statistically speaking i mean. I never did won that, even though i have been playing plinko, i have been using low / mid risk if i am grinding more for tokens for the airdrop nr2. I don't even know for what reason, because edge stays the same either way, so i might as well just use smaller bets and have a slightly lower change to lose my bag faster.

But every time i see someone winning that i think i should embrace the risk more and play it with high bets. And focus on luck element than grinding slowly trough levels. Because in that way i am just losing slower. Even though i know in intellectual level that it's just a dopamine trigger speaking, it's still an effective advertisement.

[komisariatku]

1000x plinko..  

Nice one. Too bad it was with a small bet.

Yes, my bet is very low, that's because I only have 0.9 SHFL. I tried high risk and beyond expectations, I got maxwin, 1000x plinko high mode 16 row

[Little Mouse]

I think you need to play slots more so you can hit multiplier bigger than 1000x, or maybe you chose the wrong slot which is hard to give big multiplier.

I don't play too much as I want to keep my gambling habit in control. I just play once in a while. However, I had some good multipliers in shuffle and comparing with other casinos, the frequency of higher multipliers I got in shuffle most.

[BABY SHOES]

1000x plinko..  

Nice one. Too bad it was with a small bet.

Yes, my bet is very low, that's because I only have 0.9 SHFL. I tried high risk and beyond expectations, I got maxwin, 1000x plinko high mode 16 row

That's a good multiplier buddy, a few times playing Plinko with a height of 16 lines so far only 26x the highest multiplier is because it's the rest of the SHFL tokens that are played the same as you, but you yourself are more fortunate than me. Lol

Yesterday spent a lot of bets in the Champion League but lost hahaha not being an expectation because the game had to draw in the 90th minute for Madrid vs City.

[xLays]

For those with Shuffle accounts and NBA fans out there, you might want to try your luck at winning $100. Simply follow this link and predict the winners of today's two NBA Playoffs games: https://twitter.com/shufflecom/status/1783127523221712997

You also need to comment your shuffle.com username for your prediction entry to be valid. ^{*Consider this post to bump this thread. lol}