NBA Top Shot - High Risk, High Reward? - Page 84

clipperboy24 · 02-11-2021, 12:19 PM

Quote:

Originally Posted by BaseGravenberch

I don't really agree on the legendary pack being a money grab. The average ROI on it was ~3k. Obviously people got their moneys worth out of these packs. At the old price that would've been a guaranteed 14x on your money. Which doesn't sound 'reasonable' or healthy to me.

I personally have a lot of confidence in the team, while they've obviously made mistakes and I think the way the legendary pack drop happened was a massive #@#@#@#@ up, but at least people didn't get more then one pack.

Do you work for Top Shot or Dapper or anyone affiliated with them? It sounds like you have a lot of inside info

Vinny1984 · 02-11-2021, 12:24 PM

Quote:

Originally Posted by clipperboy24

Do you work for Top Shot or Dapper or anyone affiliated with them? It sounds like you have a lot of inside info

There is nothing about his statements that is inside info. They are all very accessible information if you did the research.

BaseGravenberch · 02-11-2021, 12:34 PM

Quote:

Originally Posted by yiguiri2002

Question for everyone on both sides:

If they are able to implement a cash out system within a few months, say, $100 or 20% fee, max 1k per withdrawal, only 1 withdrawal per week. Could this be something that allows them to continue? Or do you think that won't be enough?

And as a user, will you be OK with something like that? Would you choose to cash out or just keep your funds there?

I can literally withdraw right now. It's just basic fraud prevention measurements and KYC/AML why not all people can't yet right now. Most of the userbase joined in the past month. It has literally nothing to do with liquidity issues.

Their seed investments have topped 50 million, their pack sales have made them an insane amount of money as well as well as making 5% on every sale on the market place. So I don't get that people are claiming(without base) they don't have the money.

I am currently holding my money on their despite being able to withdraw because I'm still having fun collecting and trading moments.

colbycolbycolby · 02-11-2021, 12:41 PM

I find it funny the packs look like condom wrappers. People def gonna get fukced.

I wanna ask this for the third time..... Why has the community feed not been updated in 5 days?

jcardstore · 02-11-2021, 12:48 PM

Quote:

Originally Posted by BaseGravenberch

I can literally withdraw right now. It's just basic fraud prevention measurements and KYC/AML why not all people can't yet right now. Most of the userbase joined in the past month. It has literally nothing to do with liquidity issues.

Their seed investments have topped 50 million, their pack sales have made them an insane amount of money as well as well as making 5% on every sale on the market place. So I don't get that people are claiming(without base) they don't have the money.

I am currently holding my money on their despite being able to withdraw because I'm still having fun collecting and trading moments.

KYC / withdrawal verification does not take 6+ weeks or whatever it was. That’s 100% crap about “fraud prevention”

BaseGravenberch · 02-11-2021, 12:49 PM

Quote:

Originally Posted by colbycolbycolby

I find it funny the packs look like condom wrappers. People def gonna get fukced.

I wanna ask this for the third time..... Why has the community feed not been updated in 5 days?

Because it only shows packs purchased and that's when the last packs dropped

Brobocop · 02-11-2021, 01:00 PM

Quote:

Originally Posted by jcardstore

KYC / withdrawal verification does not take 6+ weeks or whatever it was. That’s 100% crap about “fraud prevention”

Yeah but didn't you know Top Shot is probably just a way for felons to commit money laundering? I joke, but I don't.

jcardstore · 02-11-2021, 01:11 PM

Quote:

Originally Posted by Brobocop

Yeah but didn't you know Top Shot is probably just a way for felons to commit money laundering? I joke, but I don't.

I imagine their KYC team is just a dude in the basement googling and looking up people on facebook.

but you are for sure right about the money laundering thing maybe or maybe not with TS but billions of dollars is being laundered through this type of stuff.

Vinny1984 · 02-11-2021, 01:23 PM

Quote:

Originally Posted by jcardstore

I imagine their KYC team is just a dude in the basement googling and looking up people on facebook.

but you are for sure right about the money laundering thing maybe or maybe not with TS but billions of dollars is being laundered through this type of stuff.

I’ve often thought about how much dirty money I’m holding from eBay sales. Best not to go down that road in your head.

jcardstore · 02-11-2021, 01:27 PM

Quote:

Originally Posted by Vinny1984

I’ve often thought about how much dirty money I’m holding from eBay sales. Best not to go down that road in your head.

makes ebay selling a bit more exciting lol

grade · 02-11-2021, 01:32 PM

Quote:

Originally Posted by Zacy87

That's been the issue this whole time.

Thousands of new users depositing should equate to a lot of cash flow into TS.

Where is all this cash? Why are 95% of users still unable to withdraw? Why are you creating a platform that wasn't able to scale.

On top of that, they released packs for $1000. Where is all of that cash now?

Are you talking about BGS and SGC ?

Charge you when submission received, wait 10-12 months to withdraw my cards.
Were did the money go? why cant i get my cards back in 1 month?
99% of the submitters cannot get their cards graded for 10-12 months , Interest free loan. Cryptobull, must be investing in crypto.

I honestly thought you was talking about BGS or SGC. I always wonder what the heck is happening with every ones submission fees for that time period. Nothing is changing with the grading companies. The cardboard community set the high standards for expectations. TS must have seen the Grading section and seen how much abuse BGS and SGC can give out but still have customers.

jcardstore · 02-11-2021, 01:34 PM

Quote:

Originally Posted by grade

Are you talking about BGS and SGC ?

Charge you when submission received, wait 10-12 months to withdraw my cards.
Were did the money go? why cant i get my cards back in 1 month?
99% of the submitters cannot get their cards graded for 10-12 months , Interest free loan. Cryptobull, must be investing in crypto.

I honestly thought you was talking about BGS or SGC. I always wonder what the heck is happening with every ones submission fees for that time period. Nothing is changing with the grading companies. The cardboard community set the high standards for expectations. TS must have seen the Grading section and seen how much abuse BGS and SGC can give out but still have customers.

So then just buy graded cards?

grade · 02-11-2021, 01:35 PM

Quote:

Originally Posted by Vinny1984

I’ve often thought about how much dirty money I’m holding from eBay sales. Best not to go down that road in your head.

Want to see dirty money? Go to cards shows. So much dirty money flowing it is crazy.

Cardboard industry ,especially at shows, is a huge way to avoid many things.

Same problems everywhere with a different name and "collectible".

jcardstore · 02-11-2021, 01:36 PM

It's WAY easier to move lots of money around with crypto than it is with anything else.

rifleman69 · 02-11-2021, 01:38 PM

Quote:

Originally Posted by grade

Are you talking about BGS and SGC ?

Charge you when submission received, wait 10-12 months to withdraw my cards.
Were did the money go? why cant i get my cards back in 1 month?
99% of the submitters cannot get their cards graded for 10-12 months , Interest free loan. Cryptobull, must be investing in crypto.

I honestly thought you was talking about BGS or SGC. I always wonder what the heck is happening with every ones submission fees for that time period. Nothing is changing with the grading companies. The cardboard community set the high standards for expectations. TS must have seen the Grading section and seen how much abuse BGS and SGC can give out but still have customers.

You go off on some of the most random tangents. And yes you can get your cards back in a month if you pay for it, so you already blew up your entire long-winded thesis without realizing it.

grade · 02-11-2021, 01:38 PM

Quote:

Originally Posted by jcardstore

So then just buy graded cards?

I have enough in graded cards, eventually gets boring to hear the same excuses and people defending the grading companies . Never seen any other industry do business like PSA, BGS and SGC. I can understand "a little" late, but not 6-12 months late with no complaints and going back for the same punishment. (i am guilty, i still grade). It gets fffup.

grade · 02-11-2021, 01:46 PM

Quote:

Originally Posted by rifleman69

You go off on some of the most random tangents. And yes you can get your cards back in a month if you pay for it, so you already blew up your entire long-winded thesis without realizing it.

when was the last time you used express service from PSA or BGS?

rifleman69 · 02-11-2021, 01:46 PM

Quote:

Originally Posted by jcardstore

It's WAY easier to move lots of money around with crypto than it is with anything else.

Yep, which is some of the exact purpose of crypto! No more Western Union.

jcardstore · 02-11-2021, 01:48 PM

Quote:

Originally Posted by rifleman69

Yep, which is some of the exact purpose of crypto! No more Western Union.

misread - disregard this post

rifleman69 · 02-11-2021, 01:48 PM

Quote:

Originally Posted by grade

when was the last time you used express service from PSA or BGS?

About three months ago for PSA. Cards were back in my hands within a month. 10/15 to 11/4

colbycolbycolby · 02-11-2021, 01:48 PM

Quote:

Originally Posted by BaseGravenberch

Because it only shows packs purchased and that's when the last packs dropped

Cool. Thank you for helping me understand.

grade · 02-11-2021, 01:48 PM

Quote:

Originally Posted by jcardstore

It's WAY easier to move lots of money around with crypto than it is with anything else.

Way harder to trace transactions at a card show. Maybe nobody posting here does bigger transactions at card shows? The case is ridiculous at cards shows.

Zacy87 · 02-11-2021, 01:49 PM

Quote:

Originally Posted by grade

Are you talking about BGS and SGC ?

Charge you when submission received, wait 10-12 months to withdraw my cards.
Were did the money go? why cant i get my cards back in 1 month?
99% of the submitters cannot get their cards graded for 10-12 months , Interest free loan. Cryptobull, must be investing in crypto.

I honestly thought you was talking about BGS or SGC. I always wonder what the heck is happening with every ones submission fees for that time period. Nothing is changing with the grading companies. The cardboard community set the high standards for expectations. TS must have seen the Grading section and seen how much abuse BGS and SGC can give out but still have customers.

You forget to take your meds today?

rifleman69 · 02-11-2021, 01:49 PM

Quote:

Originally Posted by jcardstore

misread - disregard this post

Not a misread. Post has been confirmed to be legal. 1st down.

rifleman69 · 02-11-2021, 01:49 PM

Quote:

Originally Posted by grade

Way harder to trace transactions at a card show. Maybe nobody posting here does bigger transactions at card shows? The case is ridiculous at cards shows.

The market cap of card shows PALES in comparison to crypto. And it's not even close.

02-11-2021, 01:36 PM	#2089
jcardstore Member Join Date: Mar 2014 Posts: 21,939 Jcardstore	It's WAY easier to move lots of money around with crypto than it is with anything else. __________________ Just moonwalking through hell on my last brain cell

02-11-2021, 12:41 PM	#2079
colbycolbycolby Member Join Date: Jan 2014 Location: ATX Posts: 632	I find it funny the packs look like condom wrappers. People def gonna get fukced. I wanna ask this for the third time..... Why has the community feed not been updated in 5 days?