Has anyone been using the TRON-based casinos? They have created a number of dedicated tokens that entitle users to a share of profits, some with quite significant market caps.
Good breakdown here: https://www.cryptogamblingnews.com/best-tron-casinos-2019-top-tron-gambling-dapps/
Topic: Gambling altcoins - are they fundamentally undervalued? (Read 507 times)
I have no idea how they continued later. However, in recent months most of the gambling projects are ones who reach soft cap. When we consider survivor projects, it is normal.
There is no reason for gambling altcoins to even exist. People can already use the established coins if they want to gamble and they won't have to fear that their token will crash overnight because of low liquidity.
I also think of the same thing but what if their own crypto would give some profit to their holder.Think of it as a share for their company I think this would keep their crypto alive but the only problem is if their gambling site would attract gamblers in order to make some profit.
There is no reason for gambling altcoins to even exist. People can already use the established coins if they want to gamble and they won't have to fear that their token will crash overnight because of low liquidity.
I also think of the same thing but what if their own crypto would give some profit to their holder.Think of it as a share for their company I think this would keep their crypto alive but the only problem is if their gambling site would attract gamblers in order to make some profit.
most of them are scam. they will start with great interest and take really big invest. but most of them go to bankrupt.
dont invest these coins.
We are live in a technical world so many scam projects and some good projects are survive in the market so we only analyse the proper coin in this community. If you don't have good experience you must ask the suggestions then only all are help to find the right platform. dont invest these coins.
There is no reason for gambling altcoins to even exist. People can already use the established coins if they want to gamble and they won't have to fear that their token will crash overnight because of low liquidity.
most of them are scam. they will start with great interest and take really big invest. but most of them go to bankrupt.
dont invest these coins.
dont invest these coins.
At first i think some gambling project is good. But maybe people, even not all people already sticked with old gambling site that they already played. And maybe token is not really good on price for now so people use old coins to gamble.
you're right, some gambling planners that have been running they are developing with old coins not even with their coins. most gambling coins are not very good after the market release. maybe just at the beginning they can explode at high prices but after that they also don't have good value development.
If you want a coin that offers anonymous betting and is totally decentralised þen take a look at wagerr. It is close to releasing a html5 version so good time to buy some cheap coins now
At first i think some gambling project is good. But maybe people, even not all people already sticked with old gambling site that they already played. And maybe token is not really good on price for now so people use old coins to gamble.
After such a long period of bear market undervalued are not only gambling coins but all cryptocurrencies. At the moment, they have problems almost all crypto projects, but I am sure that the gambling industry will be one of the fastest rebuilding their value.
Read an interesting article on gambling altcoins that I posted in the BTC gambling forum but was told I'd likely get more discussion here.
The article basically concluded that gambling alts (like FunFair, Edgeless, Wagerr etc.) are undervalued given that gambling is a key use case for cryptocurrencies.
Of course, FunFair at one point had a $900m+ marketcap (now just $21m).
Do you think these coins will bounce back? Will new ones emerge? Or do you think most people betting with crypto will stick with Bitcoin?
I am not sure about those coins being undervalued, people use bitcoin to gamble and when the price rises then some will look for other altcoins to gamble with, these exchanges created their own coin and if they want to promote their coin they can go for a campaign that gives discounts for the users using their native coin and so on, other than that i do not think people will be interested to trade these coins which have specific use. The article basically concluded that gambling alts (like FunFair, Edgeless, Wagerr etc.) are undervalued given that gambling is a key use case for cryptocurrencies.
Of course, FunFair at one point had a $900m+ marketcap (now just $21m).
Do you think these coins will bounce back? Will new ones emerge? Or do you think most people betting with crypto will stick with Bitcoin?
Read an interesting article on gambling altcoins that I posted in the BTC gambling forum but was told I'd likely get more discussion here.
The article basically concluded that gambling alts (like FunFair, Edgeless, Wagerr etc.) are undervalued given that gambling is a key use case for cryptocurrencies.
Of course, FunFair at one point had a $900m+ marketcap (now just $21m).
Do you think these coins will bounce back? Will new ones emerge? Or do you think most people betting with crypto will stick with Bitcoin?
Here's the article: https://www.cryptogamblingnews.com/crypto-gambling-undervalued/
There are many altcoins that are not going to survive the bearish trend that has lasted too long but however we are at a recovering face and those that has products behind them are going to recover and makes significant progress in cryptocurrencies market in the future. The gambling coins are not going to died and now is the best time to patronize them and make good money. Since most of the gambling coins are undervalued I believe that in years to come when the market recover we would start to see there really values. The article basically concluded that gambling alts (like FunFair, Edgeless, Wagerr etc.) are undervalued given that gambling is a key use case for cryptocurrencies.
Of course, FunFair at one point had a $900m+ marketcap (now just $21m).
Do you think these coins will bounce back? Will new ones emerge? Or do you think most people betting with crypto will stick with Bitcoin?
Here's the article: https://www.cryptogamblingnews.com/crypto-gambling-undervalued/
Do you think these coins will bounce back? Will new ones emerge? Or do you think most people betting with crypto will stick with Bitcoin?
I am sure that coins for gambling will be a bounce back because every coin in the cryptocurrency will have the same possibility to increase. But unfortunately, we don't know when it could increase and only the time will answer. Actually, there are more coins for gambling, and they're still in the development, and we know that right now, many platforms were created for gambling business. So in the future, maybe we will see so many platforms that will provide many tokens for playing gambling.
IMHO, 99% of altcoins are fundamentally OVERvalued) But there is no limit to human greed, and yes, I expect that they all will pump soon)
Is edgeless the best of all of them?
Right now TRON is dominating the gambling space, so it might be reasonable to go with tokens on the Tron network if you would like to
invest in that direction; Tron blockchain has become the leader in most metrics in DEX and DAPP usage primarily because of its
betting / gambling ventures...
invest in that direction; Tron blockchain has become the leader in most metrics in DEX and DAPP usage primarily because of its
betting / gambling ventures...
Gambling coins are at their lows just like most others. The ones with good sites and licenses to operate such as Funfair, Edgeless should do well when the market bounces back.
Some of them yes, but some of them no, and i see more people still bet with real/fiat money, because most of them not want to do bet with crypto and download wallet on pc and most of them bet from mobile.
Yes and no - it depends on what exact altcoin has got to show in their potential. But many project will have an added value just because of the low prices for many altcoin and high probablity of upward price movement.
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