NBA Top Shot - High Risk, High Reward? - Page 567

ClipsandVols · 05-13-2021, 07:05 AM

Quote:

Originally Posted by Duvalier

For anyone who likes Fantasy Sports:

https://twitter.com/FanDuel/status/1392623385730064389

https://twitter.com/FanDuel/status/1392616057488224262

This could be very good or very bad for TS. I don't think there is a neutral outcome by bringing more DFS players in.

Duvalier · 05-13-2021, 07:29 AM

Quote:

Originally Posted by ClipsandVols

This could be very good or very bad for TS. I don't think there is a neutral outcome by bringing more DFS players in.

I’m not really up on DFS, I just use the Sportsbook platform for FanDuel. Why could it be very bad bringing in DFS players?

jcardstore · 05-13-2021, 07:34 AM

Quote:

Originally Posted by Duvalier

I’m not really up on DFS, I just use the Sportsbook platform for FanDuel. Why could it be very bad bringing in DFS players?

The DFS community has been on TS for months.

It's interesting partnering with FD, it could definitely open up cool uses for moments in the future but probably doesn't move the needle much right now.

The 2 biggest DFS sites on the planet have dedicated TS discussion channels on discord/slack/youtube.

Brobocop · 05-13-2021, 07:34 AM

Quote:

Originally Posted by Duvalier

I’m not really up on DFS, I just use the Sportsbook platform for FanDuel. Why could it be very bad bringing in DFS players?

Because the goal of Top Shot should be to bring in collectors because that’s key to long-term growth. Instead, they’re bringing in more gamblers which is probably not great for long-term growth.

Sent from my iPhone using Tapatalk

omega145 · 05-13-2021, 07:54 AM

Quote:

Originally Posted by Brobocop

Because the goal of Top Shot should be to bring in collectors because that’s key to long-term growth. Instead, they’re bringing in more gamblers which is probably not great for long-term growth.

Agreed with this but I do wonder if more gamblers equals more money (even if it is volatile) which in turn could equal more growth in the product offering.

Duvalier · 05-13-2021, 08:07 AM

Quote:

Originally Posted by jcardstore

The DFS community has been on TS for months.

It's interesting partnering with FD, it could definitely open up cool uses for moments in the future but probably doesn't move the needle much right now.

The 2 biggest DFS sites on the planet have dedicated TS discussion channels on discord/slack/youtube.

Quote:

Originally Posted by Brobocop

Because the goal of Top Shot should be to bring in collectors because that’s key to long-term growth. Instead, they’re bringing in more gamblers which is probably not great for long-term growth.

Sent from my iPhone using Tapatalk

Thanks for the info and insight. Guess we'll see where it goes.

ClipsandVols · 05-13-2021, 08:13 AM

Quote:

Originally Posted by Brobocop

Because the goal of Top Shot should be to bring in collectors because that’s key to long-term growth. Instead, they’re bringing in more gamblers which is probably not great for long-term growth.

Sent from my iPhone using Tapatalk

Yep, he took the words out of my mouth. I think more DFS players is great if we can turn them to collectors. I think it could be very bad if we see another influx of people strictly looking to profit (with significant bankrolls). My main concern would be seeing another huge spike that isn't warranted in valuation for garbage moments.

I love Ivica Zubac, but no moment of his (outside of his first TS and low #) should be more than $1.

Brobocop · 05-13-2021, 08:15 AM

Quote:

Originally Posted by omega145

Agreed with this but I do wonder if more gamblers equals more money (even if it is volatile) which in turn could equal more growth in the product offering.

Any money they bring in will be short-term money. Just like what we saw earlier this year. The second they can't get packs is when they leave the platform. Again, Top Shot, I'll make this easy for you. Stop with the legendary packs or whatever, start putting those moments into regular packs. Sell more regular packs. You have to create the itch for those that want to scratch and making the best moments available to those who jump through hoops or who are downright lucky isn't going to work for long.

ChiefWigs1982 · 05-13-2021, 08:26 AM

Quote:

Originally Posted by Brobocop

Again, Top Shot, I'll make this easy for you. Stop with the legendary packs or whatever, start putting those moments into regular packs. Sell more regular packs. You have to create the itch for those that want to scratch and making the best moments available to those who jump through hoops or who are downright lucky isn't going to work for long.

They can't really do that because of loot box laws in many countries. I'm pretty sure they
even said that on twitter a while ago too.

Brobocop · 05-13-2021, 08:38 AM

Quote:

Originally Posted by ChiefWigs1982

They can't really do that because of loot box laws in many countries. I'm pretty sure they
even said that on twitter a while ago too.

You know what, that does make sense to me and I didn't think of it like that. Well, then I guess I have no idea how to help Top Shot because I think at current rates, it just doesn't have the legs to go long-term.

Wildcat55 · 05-13-2021, 09:10 AM

Quote:

Originally Posted by Brobocop

Because the goal of Top Shot should be to bring in collectors because that’s key to long-term growth. Instead, they’re bringing in more gamblers which is probably not great for long-term growth.

Sent from my iPhone using Tapatalk

Very true...however I think TS constantly misuses the term ‘collector’. Collector’s tend to buy and hold which is not good for the marketplace and most true collectors collect a team, player, era, or sport in general.

What they really want are ‘highly engaged transactors” which is exactly the type of people DFS players are. Highly engaged on a daily/weekly basis, knowledgeable on players, teams, stats, and future potential, and ALWAYS transacting. TS has growth goals beyond the NBA and to have people that are in it for the thrill of the competition and engagement will help them expand into other sports and genres (music, entertainment, gaming) without having to educate and attract all new collector bases each time.

Think about your own habits as I do mine. I could care less about soccer or UFC and collecting them but if the platform is fun with UFC NFT’s then I might be inclined to participate as I would never collect and hold them. I like watching marquee UFC, boxing matches, and the World Cup, but would never want to buy and hold a ton of Those types of moments for the long term.

omega145 · 05-13-2021, 09:25 AM

Quote:

Originally Posted by Brobocop

start putting those moments into regular packs. Sell more regular packs.

Agree 110% but I've heard over and over again about these "loot laws" that would stop them from doing this. It would be cool to see even common inserts with certain themes. I really do believe that we are only 6 months in and asking a lot of what is essentially a

Quote:

Originally Posted by ChiefWigs1982

They can't really do that because of loot box laws in many countries. I'm pretty sure they
even said that on twitter a while ago too.

Have to admit that I'm not too familiar with the specifications of these loot laws. Whats the difference between someone pulling a rare legendary moment that sells for 2K or someone pulling a #1 of a LeBron, LaMelo, etc. that would fetch the same amount?

daeve · 05-13-2021, 10:08 AM

well my instinct on that $4 moment I was looking at hoarding was right. Only been a couple days and it's now a $6/7 moment. Too bad I didn't hoard it at $4

thejazzcollector · 05-13-2021, 10:10 AM

Quote:

Originally Posted by daeve

well my instinct on that $4 moment I was looking at hoarding was right. Only been a couple days and it's now a $6/7 moment. Too bad I didn't hoard it at $4

Was it an assist from a Point Guard or dunk from a center? Those have risen a bit due to the current challenge.

Archangel1775 · 05-13-2021, 10:12 AM

Quote:

Originally Posted by daeve

well my instinct on that $4 moment I was looking at hoarding was right. Only been a couple days and it's now a $6/7 moment. Too bad I didn't hoard it at $4

Turning $400 into $600-$700 wouldn't have been a bad thing. Gotta work a strategy that makes sense to you.

daeve · 05-13-2021, 10:15 AM

Quote:

Originally Posted by thejazzcollector

Was it an assist from a Point Guard or dunk from a center? Those have risen a bit due to the current challenge.

yeah it's a PG assist - I thought maybe that could be a factor - but aren't there a ton of cheap PG assists out there? Perhaps this was 1 that others recognized as having potential too

redsfaithful · 05-13-2021, 10:49 AM

Quote:

Originally Posted by omega145

Have to admit that I'm not too familiar with the specifications of these loot laws. Whats the difference between someone pulling a rare legendary moment that sells for 2K or someone pulling a #1 of a LeBron, LaMelo, etc. that would fetch the same amount?

I didn't understand this myself, particularly after the Topps NFT had different levels of rare in a pack, but from what I understand it's because of the game aspect that is still to come. Loot boxes in video games have been banned in a lot of countries and they must feel this would be viewed similarly.

They must view the game as a huge part of their future plans, because they are leaving a lot of money on the table doing it this way.

rifleman69 · 05-13-2021, 11:33 AM

Quote:

Originally Posted by grade

This is where you are 10000% wrong. I got booted a few times from the TS discord for questioning them in Feb. about the devaluation and withdraws.

I Stop posting here because i do not believe in the direction TS is going. Still have alot of moments and took out some money, left the rest to ride like i do with all other investments. TopShot is no different, make money, take initial investment and let the rest ride and hope 1 out of 100 hits big.

TS still like any other investment, risk, reward, good and bad.

Opinion: Neutral right now.

So you finally see the direction TopShot is going? Kudos for you finally waking up Rip Van Winkle.

rifleman69 · 05-13-2021, 11:34 AM

Quote:

Originally Posted by Howie7107

Yada yada yada... what does any of this have to do with your constantly incorrectly calling the bottom in? Unless you’re the one doing serial arbitrage, which isn’t all that great a strategy in a falling market.

That's because he was at said pub whining to anyone who would listen about his TopShot account. Earmuffs were sold out.

rifleman69 · 05-13-2021, 11:36 AM

Quote:

Originally Posted by Brobocop

Because the goal of Top Shot should be to bring in collectors because that’s key to long-term growth. Instead, they’re bringing in more gamblers which is probably not great for long-term growth.

Sent from my iPhone using Tapatalk

It keeps the lights on for another few months, while Dapper takes that 5% all the way to the ScotiaBank.

Duvalier · 05-13-2021, 11:43 AM

Quote:

Originally Posted by rifleman69

That's because he was at said pub whining to anyone who would listen about his TopShot account. Earmuffs were sold out.

Ouch. When you type things like this, do you think to yourself, ooh this one is gonna be funny.

Earmuffs were sold out? LOL really?

pyrexswerve · 05-13-2021, 12:18 PM

For those that are verified & have bank info set up, once you actually withdrew an amount to your bank account, how long did it take for it to actually hit your account?

pyrexswerve · 05-13-2021, 12:20 PM

Quote:

Originally Posted by omega145

Almost exactly my view and current situation. Bought a few packs in in February and spent out of pocket under $200 for those packs. Made over 2K in Dapper balance (peanuts compared to what others have made). Bought a LE Zion for $140 and cashed out on the rest of my dapper balance while leaving enough to buy more packs. Have been buying moments here and there with the marketplace dip. I'm holding everything I have now (only around 30 moments) and moving forward with buying packs, creating showcases and actually enjoying growing my top shot collection. I'm not overly concerned with the direction of Top Shot nor am I concerned with -/+ EV at this point. To each their own I guess. Seems like a waste to spend more than a few minutes griping on a forum on why you don't like something.

That's the thing though, most of the complaints I see are from members who haven't made the profit like you (because they joined later or havent got moments from packs that are worth anything to recoup their own money), so how can they have the same peace with it as you do?

CC_123 · 05-13-2021, 12:39 PM

I haven't made massive profits on TopShot because I got in late, but I put in $23 and am up $110 with probably another $100 in moments I have held on to. Its nothing crazy, but it is pretty fun, especially when the packs come out of the Dapper balance now

Chris P · 05-13-2021, 01:16 PM

Quote:

Originally Posted by pyrexswerve

For those that are verified & have bank info set up, once you actually withdrew an amount to your bank account, how long did it take for it to actually hit your account?

Only took a couple days for me..was bracing for a few weeks so was definitely surprised

05-13-2021, 12:39 PM	#14174
CC_123 Member Join Date: Dec 2010 Location: United States Posts: 21,388 CC_123	I haven't made massive profits on TopShot because I got in late, but I put in $23 and am up $110 with probably another $100 in moments I have held on to. Its nothing crazy, but it is pretty fun, especially when the packs come out of the Dapper balance now __________________ ALWAYS LOOKING FOR RARE ERIC DECKER (NFL), BOBBY JACKSON (NBA), AMIR COFFEY (NBA). ALSO VIKINGS CONTENDERS AUTOS! CARDS FT/FS https://www.flickr.com/photos/150768054@N07/albums/with/72157680856431204

05-13-2021, 10:08 AM	#14163
daeve Member Join Date: Nov 2014 Location: savannah GA Posts: 13,145 accrules	well my instinct on that $4 moment I was looking at hoarding was right. Only been a couple days and it's now a $6/7 moment. Too bad I didn't hoard it at $4

05-13-2021, 12:18 PM	#14172
pyrexswerve Member Join Date: Jan 2020 Location: Texas Posts: 1,154 pyrexswerve	For those that are verified & have bank info set up, once you actually withdrew an amount to your bank account, how long did it take for it to actually hit your account?