NBA Top Shot - High Risk, High Reward?

[rifleman69]

Originally Posted by drobfan8

I can only imagine how bald Rifleman is going from stress due to TopShot.

Lol

Nah, Pop's lame rotations are doing enough damage.

[rysportguy]

Withdraw access is skyrocketing. Looks like that 300 million investment is starting to pay off. 50k got access over the last week which is almost equal to the entire amount that had access prior. People have different views on this but I think wide spread withdraw abilities will be great for top shot.

[rifleman69]

Originally Posted by rysportguy

Withdraw access is skyrocketing. Looks like that 300 million investment is starting to pay off. 50k got access over the last week which is almost equal to the entire amount that had access prior. People have different views on this but I think wide spread withdraw abilities will be great for top shot.

Easier for the "renters" to constantly cash out that's for sure.

[noaskiecards]

Wil the price of bitcoin and dogecoin have an impact ?

Sent from my SM-G970U1 using Tapatalk

[jcardstore]

Originally Posted by noaskiecards

Wil the price of bitcoin and dogecoin have an impact ?

Sent from my SM-G970U1 using Tapatalk

No...

[Bruvydsb]

Dear Momentranks,

Please change back to your previous format.

Whatever you did made the site unmanageable.

[thejazzcollector]

https://nbatopshot.com/picks/certified-ballers

Here is the certified ballers list.

https://nbatopshot.com/showcases/599...e-553591d27871

And here is my showcase I just created. I'm all for helping each other out to get some Dapper cash

[KhalDrogo]

Originally Posted by rysportguy

Withdraw access is skyrocketing. Looks like that 300 million investment is starting to pay off. 50k got access over the last week which is almost equal to the entire amount that had access prior. People have different views on this but I think wide spread withdraw abilities will be great for top shot.

I'm now on my 44th day on the site and still don't have access to confirm my identity. Emailed support and they sent me the canned FAQ response of "The identity check requirement is related to a factor of time and activity". So I guess I have to buy more things for them to allow me to confirm my identity. Sounds like a scam.

[Bruvydsb]

Originally Posted by KhalDrogo

I'm now on my 44th day on the site and still don't have access to confirm my identity. Emailed support and they sent me the canned FAQ response of "The identity check requirement is related to a factor of time and activity". So I guess I have to buy more things for them to allow me to confirm my identity. Sounds like a scam.

The second I plunked down $999 for the Holo pack they asked to confirm my identity. Was able to withdraw a week later.

[rysportguy]

Originally Posted by KhalDrogo

I'm now on my 44th day on the site and still don't have access to confirm my identity. Emailed support and they sent me the canned FAQ response of "The identity check requirement is related to a factor of time and activity". So I guess I have to buy more things for them to allow me to confirm my identity. Sounds like a scam.

Yeah the trigger seems to be $1000 in spending. Once they finally catch up I think the plan is to have KYC happen on sign up and then withdraw ability within a week after that. Gotta catch up on all the backlog first though.

[KhalDrogo]

Originally Posted by Bruvydsb

The second I plunked down $999 for the Holo pack they asked to confirm my identity. Was able to withdraw a week later.

Originally Posted by rysportguy

Yeah the trigger seems to be $1000 in spending. Once they finally catch up I think the plan is to have KYC happen on sign up and then withdraw ability within a week after that. Gotta catch up on all the backlog first though.

Ok, so manipulation confirmed.

This isn’t how you attract new users.

[rysportguy]

Originally Posted by KhalDrogo

Ok, so manipulation confirmed.

This isn’t how you attract new users.

It isn't about attracting new users right now. Entire focus has been on scaling up and catching up on their backlog. Then they draw in new users when they can handle it and make it less "manipulated".

The good thing about being able to add 50k to withdraws in a week is that they shouldn't get 50k in new users in a week. So that means once they catch up they will be able to get all users withdraw ability within a week.

[MTBRM]

Originally Posted by rysportguy

Yeah the trigger seems to be $1000 in spending. Once they finally catch up I think the plan is to have KYC happen on sign up and then withdraw ability within a week after that. Gotta catch up on all the backlog first though.

I've only spend like $25 of my actual money on this and I got approved for withdrawals last week.

[rysportguy]

Originally Posted by MTBRM

I've only spend like $25 of my actual money on this and I got approved for withdrawals last week.

Yeah I should clarify it doesn't need to be $1000 of your own money. I think the trigger is if you have $1000 in dapper balance at any point or $1000 in marketplace buys.

[rifleman69]

Originally Posted by rysportguy

It isn't about attracting new users right now.

Which is why the overall market cap keeps dropping. 5% here, 5% there...you need new money coming in to keep this afloat.

[tomrex]

https://nbatopshot.com/showcases/8de...c-fc4b5bee2c6b

That's my showcase. I really enjoy the serial number aspect of things.

[Wizkid]

I've been liking all others who post their showcase. Here's mine...need some help since only at 3 likes. Let's get that dapper $

https://nbatopshot.com/showcases/7f9...4-f44f38370c97

[Duvalier]

First time I've seen Top Shot on an official NBA site.

https://nbatickets.nba.com/home/

[rysportguy]

Originally Posted by rifleman69

Which is why the overall market cap keeps dropping. 5% here, 5% there...you need new money coming in to keep this afloat.

Yup that is correct but you also want to make sure you are ready for when new users arrive. Dropping now is worth it if it means that you will be able to better retain users on the way back up.

[rifleman69]

Originally Posted by rysportguy

Yup that is correct but you also want to make sure you are ready for when new users arrive. Dropping now is worth it if it means that you will be able to better retain users on the way back up.

They have had a huge infusion of cash to the overall company, scaling should be pretty damn close to complete if they have a competent IT staff and/or outsourced out. Time will tell on this one.

[jcardstore]

Originally Posted by rifleman69

They have had a huge infusion of cash to the overall company, scaling should be pretty damn close to complete if they have a competent IT staff and/or outsourced out. Time will tell on this one.

Dude. It's been a couple months. No company can scale infrastructure that fast.

[mcgee2134]

Originally Posted by rifleman69

Which is why the overall market cap keeps dropping. 5% here, 5% there...you need new money coming in to keep this afloat.

I checked about a week ago and the market cap was $939 million.
It's down to $883 million after a high of $2.6 billion in February.
At least the drop has been severely slowed, maybe they can reverse here in the next month.

[rifleman69]

Originally Posted by jcardstore

Dude. It's been a couple months. No company can scale infrastructure that fast.

Not true at all. If you throw around enough money (remember they're building up their entire company, not just TopShot), things get done.

[rysportguy]

Originally Posted by rifleman69

Not true at all. If you throw around enough money (remember they're building up their entire company, not just TopShot), things get done.

Do you know how long a hiring process takes?

[jcardstore]

Originally Posted by rysportguy

Do you know how long a hiring process takes?

Obviously not... and hiring is a small part of the whole