Welcome Notice

Hello and welcome to Molineux Mix a forum for Wolves fans by Wolves fans.

Register Log in

Sleeve sponsor

S

Stafford

Just doesn't shut up
Joined
Feb 20, 2017
Messages
5,576
Reaction score
6,592
They are a site where you can trade different types on crypto currency.

sleeve sponsors look ugly, we better be smuggling in some serious money.
 
quirky_birky

quirky_birky

Just doesn't shut up
Joined
Dec 16, 2005
Messages
4,219
Reaction score
3,612
Surely Kleenex would've been more appropriate. Everyone knows that sleeves are for wiping your nose on.

Of course, with our sexy football, Kleenex would've been doubly appropriate.
 
D

Deleted member 4456

Guest
Trading crypto markets isn't something I'd personally encourage people to get involved in unless they really know what they're doing. It's an unregulated space full of bucket shops taking advantage of newbies looking to make a few quid. Then again, most big retail brokers aren't much better either.
 
Loojay

Loojay

Has a lot to say
Joined
Jul 28, 2016
Messages
1,252
Reaction score
3,214
Further to Andy's point, all the news about it is completely biased and it's really difficult to get an unbiased view of whether a certain crypto is a good investment or not.

You can get lucky though!
 
Plastic Shrapnel

Plastic Shrapnel

Has a lot to say
Joined
May 30, 2007
Messages
1,584
Reaction score
2,212
Fosun are investing heavily themselves in Crypto it makes perfect sense.
 
D

Deleted member 4456

Guest
Plastic Shrapnel said:
Fosun are investing heavily themselves in Crypto it makes perfect sense.
Click to expand...
The difference is, their trading accounts are big enough to handle shocks that the average Joe who read about BTCs in the newspaper can't; not to mention the fact that their desks are filled with experienced professional traders.
 
Shergar

Shergar

Just doesn't shut up
Joined
Jul 7, 2016
Messages
5,781
Reaction score
11,015
Crypto Currency. I don’t have a scooby doo and I’ll guess I’m not alone.
 
Plastic Shrapnel

Plastic Shrapnel

Has a lot to say
Joined
May 30, 2007
Messages
1,584
Reaction score
2,212
andyc225 said:
The difference is, their trading accounts are big enough to handle shocks that the average Joe who read about BTCs in the newspaper can't; not to mention the fact that their desks are filled with experienced professional traders.
Click to expand...
What's that got to do with anything?
 
Plastic Shrapnel

Plastic Shrapnel

Has a lot to say
Joined
May 30, 2007
Messages
1,584
Reaction score
2,212
andyc225 said:
They know what they're doing and how to make money trading crypto currencies. Average Joe hasn't got a clue and will lose his shirt.
Click to expand...
So what's that got to do with a sleeve sponsor?

And plenty of Average Joes have made a tiny penny off crypto by the way.
 
D

Deleted member 4456

Guest
Plastic Shrapnel said:
So what's that got to do with a sleeve sponsor?

And plenty of Average Joes have made a tiny penny off crypto by the way.
Click to expand...
Because Wolves fans who haven't traded anything in their lives will be exposed to the concept for the first time by the club, put money into a trading account and lose it.

Some have, but many more have flushed their money down the toilet.
 
Plastic Shrapnel

Plastic Shrapnel

Has a lot to say
Joined
May 30, 2007
Messages
1,584
Reaction score
2,212
andyc225 said:
Because Wolves fans who haven't traded anything in their lives will be exposed to the concept for the first time by the club, put money into a trading account and lose it.
Click to expand...
If anyone were to do that because of a sleeve sponsor on a football shirt without any thought or reasoned research, then they deserve to lose their money.
 
Elvis Wolf

Elvis Wolf

Just doesn't shut up
Joined
Dec 19, 2006
Messages
8,846
Reaction score
4,779
andyc225 said:
Trading crypto markets isn't something I'd personally encourage people to get involved in unless they really know what they're doing. It's an unregulated space full of bucket shops taking advantage of newbies looking to make a few quid. Then again, most big retail brokers aren't much better either.
Click to expand...
They also constantly bombard you with phone calls as I discovered, and I was only making an enquiry, which I didn't follow up.
Only stopped when I lost my rag, a bit like the Columbian players!
 
Shergar

Shergar

Just doesn't shut up
Joined
Jul 7, 2016
Messages
5,781
Reaction score
11,015
Plastic Shrapnel said:
If anyone were to do that because of a sleeve sponsor on a football shirt without any thought or reasoned research, then they deserve to lose their money.
Click to expand...
Agreed, I have got no interest in doing anything whatsoever with crypto whatsit just because it’s on our shirt, I will however keep imbibing Tsingtao because it was on the celebration parade bus.
 
maws

maws

Just doesn't shut up
Joined
Sep 17, 2013
Messages
21,729
Reaction score
18,068
I’m gonna stick all my loan money from the money shop on W88 and with the winnings from that gamble on Coin deal, I’ll drown my sorrows with Tsingtao and sell my house to pay for it by using What House
 
D

Deleted member 4023

Guest
maws said:
I’m gonna stick all my loan money from the money shop on W88 and with the winnings from that gamble on Coin deal, I’ll drown my sorrows with Tsingtao and sell my house to pay for it by using What House
Click to expand...

Thought you had a Redrow house?
 
D

Deleted at request of member 4337

Guest
maws said:
I’m gonna stick all my loan money from the money shop on W88 and with the winnings from that gamble on Coin deal, I’ll drown my sorrows with Tsingtao and sell my house to pay for it by using What House
Click to expand...
cheer yourself up with a bag of Doritos
 
D

Deleted member 4453

Guest
Okresh said:
Friday, but yes, I would assume so. The players had it on during the launch.
Click to expand...

I don't think they will. As above mentioned the players had full prints on which included this and numbers/names.

Beforehand though they had the young lads mentioned above, as well as 2 members of the women's team. Didn't see coindeal on either of theirs. So presume they have the ones readily available in store, available to public.
 
B

BlahBlah

Just doesn't shut up
Joined
Jun 28, 2005
Messages
13,343
Reaction score
5,924
andyc225 said:
Trading crypto markets isn't something I'd personally encourage people to get involved in unless they really know what they're doing. It's an unregulated space full of bucket shops taking advantage of newbies looking to make a few quid. Then again, most big retail brokers aren't much better either.
Click to expand...

Surely the major point of this sponsorship is to give CoinDeal exposure in it's own battle with the worldwide proliferation of crypto exchanges, rather than to take money off newbie traders?
CoinDeal, which seems to be Cyprus-based and only allows deposits in Euros, needs users to transfer existing crypto from a wallet to Coindeal, thus not exactly making it easy for "newbies".
Certainly not compared to the way that traditional bookies are pushing themselves across TV, social media and newspaper to encourage you to give them a direct line to your bank account with just a fingertap needed to start emptying it.

It's a great sponsorship deal and groundbreaking. I'd rather Wolves fans get the opportunity to get in early and learn about the future way that currency will work, rather than pushing gambling, payday loans and booze deals at them.
 
D

Deleted member 4456

Guest
BlahBlah said:
Surely the major point of this sponsorship is to give CoinDeal exposure in it's own battle with the worldwide proliferation of crypto exchanges, rather than to take money off newbie traders?
CoinDeal, which seems to be Cyprus-based and only allows deposits in Euros, needs users to transfer existing crypto from a wallet to Coindeal, thus not exactly making it easy for "newbies".
Certainly not compared to the way that traditional bookies are pushing themselves across TV, social media and newspaper to encourage you to give them a direct line to your bank account with just a fingertap needed to start emptying it.

It's a great sponsorship deal and groundbreaking. I'd rather Wolves fans get the opportunity to get in early and learn about the future way that currency will work, rather than pushing gambling, payday loans and booze deals at them.
Click to expand...
Don't get me wrong. I'm not suggesting that CoinDeal are looking to do that as such; what I'm saying is, there are a lot of cowboys in that particular market, mainly because of the lack of regulation. With that said, there are cowboys in supposedly more established types of market too. A lot of brokers push their product in the same way that bookies do - just on a larger scale. They know that most of the people who open trading accounts will consistently lose money, so they're happy to lure them in by offering them hundreds (and in some cases, thousands) in free credit to play with. If you treat trading in the same way as you would treat betting on a horse, it can become seriously addictive in the same way.
 
B

BlahBlah

Just doesn't shut up
Joined
Jun 28, 2005
Messages
13,343
Reaction score
5,924
andyc225 said:
Don't get me wrong. I'm not suggesting that CoinDeal are looking to do that as such; what I'm saying is, there are a lot of cowboys in that particular market, mainly because of the lack of regulation. With that said, there are cowboys in supposedly more established types of market too. A lot of brokers push their product in the same way that bookies do - just on a larger scale. They know that most of the people who open trading accounts will consistently lose money, so they're happy to lure them in by offering them hundreds (and in some cases, thousands) in free credit to play with. If you treat trading in the same way as you would treat betting on a horse, it can become seriously addictive in the same way.
Click to expand...

Agreed.
Interesting to me is which of these exchanges survive the next 12 months, and I guess that means grabbing more customers to increase transaction profits, which by default will increase the scrutiny from outside and drive security and interface improvement.

I've seen a few good exchanges with virtually no business going on inside, because nobody knows they exist and any new customers are put off by the lack of anybody else doing business on there. Who would you sell to? They all need momentum to break away from the pack and become mainstream.
If Coindeal is virtually the same as a number of others, the only thing that will set them apart is trading volume. If they're prepared to part with traditional cash to pay Wolves, unless they're paying Fosun in crypto ;-) , it shows they have confidence to expose themselves to the mainstream.
 
D

Deleted member 4456

Guest
BlahBlah said:
Agreed.
Interesting to me is which of these exchanges survive the next 12 months, and I guess that means grabbing more customers to increase transaction profits, which by default will increase the scrutiny from outside and drive security and interface improvement.

I've seen a few good exchanges with virtually no business going on inside, because nobody knows they exist and any new customers are put off by the lack of anybody else doing business on there. Who would you sell to? They all need momentum to break away from the pack and become mainstream.
If Coindeal is virtually the same as a number of others, the only thing that will set them apart is trading volume. If they're prepared to part with traditional cash to pay Wolves, unless they're paying Fosun in crypto ;-) , it shows they have confidence to expose themselves to the mainstream.
Click to expand...
Part of the problem is that there are just too many crypto exchanges, and the fact that anyone with the right knowledge could start one tomorrow. I trade futures contracts in deals which are routed through a small number of very well established exchanges with excellent reputations - even they had to start somewhere though once upon a time. If nothing else, CoinDeal have tried to differentiate themselves from the others and attract traders in a new way and for that you have to applaud them. As you said, they're exposing themselves to a mainstream audience and a degree of scrutiny will come from that.
 
You must log in or register to reply here.
Back
Top Bottom