Investing in Casino tokens such as BFG, OWL or TFS - page 32.

fortunecrypto

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Quote from: coinerer on August 04, 2022, 12:51:51 AM

Quote from: traderethereum on August 04, 2022, 12:47:04 AM

Quote from: Fredomago on August 03, 2022, 10:15:14 PM

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.

Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.

Now almost all casino site deployed there own token and they giving token free to there users and also giving token to outside as airdrops. It it there new marketing way for attract new gamblers on there site . It is normal marketing way now

It's not yet the trend but it was started by the Fun token a token that's integrated by Freebitcoin, and it's listed on Binance and some of the top exchanges in the market, if the Fun token can do it, why not BFG and Owl I still believe on BFG's roadmap that their token will eventually land on Binance and other top exchanges if this happens many casinos will follow BFG's lead just like how they follow Fun token, I can't say on other token-based casinos but BFG and Owl so far are doing great in the market.

coinerer

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Quote from: traderethereum on August 04, 2022, 12:47:04 AM

Quote from: Fredomago on August 03, 2022, 10:15:14 PM

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.

Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.

Now almost all casino site deployed there own token and they giving token free to there users and also giving token to outside as airdrops. It it there new marketing way for attract new gamblers on there site . It is normal marketing way now

traderethereum

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Quote from: Fredomago on August 03, 2022, 10:15:14 PM

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.

Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.

Fredomago

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Quote from: robelneo on August 03, 2022, 06:44:56 PM

Quote from: Fredomago on August 03, 2022, 11:22:26 AM

I agree with that those token-based casino asset still got more to give with investors who trusted them, what we are witnessing as of now is just the potential that even in this bearish momentum the market for this asset still showing good resistance, unlike other projects who already suffer from big losses, casino based coins are still providing passive profits.

More on how you'll going to maximize your benefits and how long you are capable of holding and trusting the project.

You can easily tell how good is the project if they are still doing good during bad times yes BFG and Owl may be dipping but the project manages to bounce back, these two casinos have a staking features that you cannot find in other casinos and its their strongpoint, their weak point is their lack of marketing, they should continue marketing and advertising the existence of casino depends on sustainable marketing and keeping their reputation clean, just lately there's an accusation on Owlgames and it looks serious to me, I'm following it hopefully they can settle this.

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.

X-ray

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Quote from: LUCKMCFLY on August 03, 2022, 08:36:19 PM

I have been reading the Ann de Betfury thread very actively where there is talk about the possible listing on Binance, and I think that this is how it reaches that stage is because they are doing things very well, of course everything is in the sense of speculation, I do not know if the devs really want to do it, but because these things bring more progress in the project they should be listed and if they succeed I think it would be a very useful token and apart from that it would be moving two types of markets, the first is the gambling market which, is not bad at all, and secondly, he would be getting much more into the world of market speculation and investment.

It's hard to believe. I never seen the gambling token was getting listed on binance. It must be a rumour but im feeling doubt if that will be real. If the dev can do that and there will be a massive hype for betfury but again the big question is whether binance wanna try to accept the gambling token to be listed on its exchange site or not. This needs to be proven even further. The dev need at least to send an application to the binance and see what will be their response.
I never saw any gambling tokens listed on the big exchange site

LUCKMCFLY

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I have been reading the Ann de Betfury thread very actively where there is talk about the possible listing on Binance, and I think that this is how it reaches that stage is because they are doing things very well, of course everything is in the sense of speculation, I do not know if the devs really want to do it, but because these things bring more progress in the project they should be listed and if they succeed I think it would be a very useful token and apart from that it would be moving two types of markets, the first is the gambling market which, is not bad at all, and secondly, he would be getting much more into the world of market speculation and investment.

robelneo

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Quote from: Fredomago on August 03, 2022, 11:22:26 AM

I agree with that those token-based casino asset still got more to give with investors who trusted them, what we are witnessing as of now is just the potential that even in this bearish momentum the market for this asset still showing good resistance, unlike other projects who already suffer from big losses, casino based coins are still providing passive profits.

More on how you'll going to maximize your benefits and how long you are capable of holding and trusting the project.

You can easily tell how good is the project if they are still doing good during bad times yes BFG and Owl may be dipping but the project manages to bounce back, these two casinos have a staking features that you cannot find in other casinos and its their strongpoint, their weak point is their lack of marketing, they should continue marketing and advertising the existence of casino depends on sustainable marketing and keeping their reputation clean, just lately there's an accusation on Owlgames and it looks serious to me, I'm following it hopefully they can settle this.

Fredomago

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Quote from: coin-investor on August 02, 2022, 07:00:58 PM

Quote from: Hamphser on August 02, 2022, 02:45:47 PM

Quote from: Fredomago on August 02, 2022, 03:04:49 AM

Quote from: Hamphser on July 31, 2022, 04:18:33 PM

snip

It's a personal choice indeed, people who invest to casino related assets mostly aiming for passive profits, they are all okay with waiting they will continue to hold till the market for the coin grows to their target value, not that quick as you mentioned, the developers needs to work with bigger exchange to attract more traders to invest and start hyping the value of the coin..

Not easy to take the risk as there's also a high chance that the value might collapse if interest with the development won't gain
investors trust.

As we can see that most gambling tokens doesnt really get that much attention despite of the site popularity
Take a look for this example https://coinmarketcap.com/currencies/rollbit-coin/
We know that the site and project is a success but still the price of its coin do still tanking.
Nothing is assured thats why i do really put less interest on considering investing with these type because you cant really able to determine
whether it would skyrocket or would just simply plummets.

But they are more stable than trending coins like NFT and MEME based coins I did not invest in Rollbit but only have BFG and Owl and so far my investment is doing good staking yielding me a good profit, it very different results based on the community support and belief of the investors that the coin they've invested will be a long term profit, I believe these token-based casinos have not yet reached their full potential.

I agree with that those token-based casino asset still got more to give with investors who trusted them, what we are witnessing as of now is just the potential that even in this bearish momentum the market for this asset still showing good resistance, unlike other projects who already suffer from big losses, casino based coins are still providing passive profits.

More on how you'll going to maximize your benefits and how long you are capable of holding and trusting the project.

makishart

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Quote from: BobK71 on August 02, 2022, 10:51:23 PM

Quote from: capedbaldy on July 30, 2022, 01:32:11 AM

Quote from: CuriousGeorge on July 29, 2022, 10:09:09 PM

It's the same like holding majority of altcoins even bitcoin as well. People can't expect to get a huge gain from holding the gambling tokens. Gambling tokens were exist as alternative way for people to get the advantage from the platforms. Expecting the price to be stable is totally wrong.
If you are also holding bitcoin and you can also lose your money as well as the gambling token. Dropping more compared with bitcoin is a common thing for the gambling token

Gambling tokens cannot be compared to top coins, but all coins have limited uses and different use cases, but holding gambling tokens is very risky compared to other coins, community interest in gambling tokens is very low due to low trading volume and liquidity on exchanges, making tokens impossible to invest in long term.

I hold bfg token from 2020 but I haven't seen any improvement in this token rather decrease a little bit. Gambling tokens are generally used for gambling. Where other investors are not so encouraged. But I think if these tokens are listed on a good exchange then the picture may be different. The price of the tokens will up tremendously.

I rarely seen people used gambling token that issued by casino directly to gambling. Most of users preferring to use the altcoin with good scalability. You can also see that so many casinos were also accepting various tokens with very very low fees as well. This is a problem when gambling token lack of utility and it needs to be improved.

delfastTions

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Quote from: BobK71 on August 02, 2022, 10:51:23 PM

Quote from: capedbaldy on July 30, 2022, 01:32:11 AM

Quote from: CuriousGeorge on July 29, 2022, 10:09:09 PM

It's the same like holding majority of altcoins even bitcoin as well. People can't expect to get a huge gain from holding the gambling tokens. Gambling tokens were exist as alternative way for people to get the advantage from the platforms. Expecting the price to be stable is totally wrong.
If you are also holding bitcoin and you can also lose your money as well as the gambling token. Dropping more compared with bitcoin is a common thing for the gambling token

Gambling tokens cannot be compared to top coins, but all coins have limited uses and different use cases, but holding gambling tokens is very risky compared to other coins, community interest in gambling tokens is very low due to low trading volume and liquidity on exchanges, making tokens impossible to invest in long term.

I hold bfg token from 2020 but I haven't seen any improvement in this token rather decrease a little bit. Gambling tokens are generally used for gambling. Where other investors are not so encouraged. But I think if these tokens are listed on a good exchange then the picture may be different. The price of the tokens will up tremendously.

But at the same time, it should be borne in mind that since 2020, there has been a powerful peak in the growth of prices for all cryptocurrencies and bitcoin has reached a peak price of $69,000. Now it has decreased by more than 3 times. And the BFG token, in my opinion, passed this peak very worthily and I think you did not find yourself in a strong loss.
And by the way, those who bought cryptocurrencies at price peaks in the hope of bitcoin rising to $100,000, which was promised by many unfortunate analysts. So these buyers are in a very serious minus. By the way, for example, even Salvador President Bukele.
But he is not upset, but is sure that he will be in the black when the bullish cycle in the crypto markets finally begins.

BobK71

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Quote from: capedbaldy on July 30, 2022, 01:32:11 AM

Quote from: CuriousGeorge on July 29, 2022, 10:09:09 PM

It's the same like holding majority of altcoins even bitcoin as well. People can't expect to get a huge gain from holding the gambling tokens. Gambling tokens were exist as alternative way for people to get the advantage from the platforms. Expecting the price to be stable is totally wrong.
If you are also holding bitcoin and you can also lose your money as well as the gambling token. Dropping more compared with bitcoin is a common thing for the gambling token

Gambling tokens cannot be compared to top coins, but all coins have limited uses and different use cases, but holding gambling tokens is very risky compared to other coins, community interest in gambling tokens is very low due to low trading volume and liquidity on exchanges, making tokens impossible to invest in long term.

I hold bfg token from 2020 but I haven't seen any improvement in this token rather decrease a little bit. Gambling tokens are generally used for gambling. Where other investors are not so encouraged. But I think if these tokens are listed on a good exchange then the picture may be different. The price of the tokens will up tremendously.

coin-investor

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Quote from: Hamphser on August 02, 2022, 02:45:47 PM

Quote from: Fredomago on August 02, 2022, 03:04:49 AM

Quote from: Hamphser on July 31, 2022, 04:18:33 PM

snip

It's a personal choice indeed, people who invest to casino related assets mostly aiming for passive profits, they are all okay with waiting they will continue to hold till the market for the coin grows to their target value, not that quick as you mentioned, the developers needs to work with bigger exchange to attract more traders to invest and start hyping the value of the coin..

Not easy to take the risk as there's also a high chance that the value might collapse if interest with the development won't gain
investors trust.

As we can see that most gambling tokens doesnt really get that much attention despite of the site popularity
Take a look for this example https://coinmarketcap.com/currencies/rollbit-coin/
We know that the site and project is a success but still the price of its coin do still tanking.
Nothing is assured thats why i do really put less interest on considering investing with these type because you cant really able to determine
whether it would skyrocket or would just simply plummets.

But they are more stable than trending coins like NFT and MEME based coins I did not invest in Rollbit but only have BFG and Owl and so far my investment is doing good staking yielding me a good profit, it very different results based on the community support and belief of the investors that the coin they've invested will be a long term profit, I believe these token-based casinos have not yet reached their full potential.

Hamphser

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Quote from: Fredomago on August 02, 2022, 03:04:49 AM

Quote from: Hamphser on July 31, 2022, 04:18:33 PM

snip

It's a personal choice indeed, people who invest to casino related assets mostly aiming for passive profits, they are all okay with waiting they will continue to hold till the market for the coin grows to their target value, not that quick as you mentioned, the developers needs to work with bigger exchange to attract more traders to invest and start hyping the value of the coin..

Not easy to take the risk as there's also a high chance that the value might collapse if interest with the development won't gain
investors trust.

As we can see that most gambling tokens doesnt really get that much attention despite of the site popularity
Take a look for this example https://coinmarketcap.com/currencies/rollbit-coin/
We know that the site and project is a success but still the price of its coin do still tanking.
Nothing is assured thats why i do really put less interest on considering investing with these type because you cant really able to determine
whether it would skyrocket or would just simply plummets.

iv4n

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Quote from: Get-Paid.com on August 01, 2022, 01:16:53 PM

Quote from: coin-investor on July 31, 2022, 09:50:39 AM

As a holder of Owl and BFG, I'm hoping that they can get listed

Where?
They are already listed in several exchanges.

Maybe he mixed those two with Chips tokens? Chips tokens can only be staked on their site...

Well, yesterday I started playing at Starsbet, another casino with dividends...

As you can see we get BTC, ETH, TRX, and BNB for staking Star tokens... I have a bit over 2k for now!

Fredomago

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Quote from: Hamphser on July 31, 2022, 04:18:33 PM

Nothing is assured when it comes to future aspect of certain coins or projects and it would really vary on the development and simply with the demand.If they would really be listed on main or known platforms

or exchangers then expect for its price to soar up at least but in the end of the day which support for the project would be the main key for it to sustain with this unpredictable market.

I dont have any gambling based tokens/coins in my portfolio yet we do know that only few do really see some positive input or views for these coins to soar up its value but
well this is a personal choice.

It's a personal choice indeed, people who invest to casino related assets mostly aiming for passive profits, they are all okay with waiting they will continue to hold till the market for the coin grows to their target value, not that quick as you mentioned, the developers needs to work with bigger exchange to attract more traders to invest and start hyping the value of the coin..

Not easy to take the risk as there's also a high chance that the value might collapse if interest with the development won't gain
investors trust.

Get-Paid.com

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Quote from: coin-investor on July 31, 2022, 09:50:39 AM

As a holder of Owl and BFG, I'm hoping that they can get listed

Where?
They are already listed in several exchanges.

Hamphser

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Quote from: coin-investor on July 31, 2022, 09:50:39 AM

Quote from: erep on July 31, 2022, 12:49:38 AM

Quote from: Fredomago on July 30, 2022, 11:30:44 AM

No need to dwell with the past opportunities but instead moving forward and try to see if you can take advantage of the current market, the value of those assets are still cheap compared to their last time high, there's always a good chance that those assets can rise high once it was added to binance, you can buy and hold till the value reached your target peak.

Do your DYOR and the rest will be passive for your investment. Keep on track of all the progress and activities. It gives a lot of positive vibes while holding your assets.

Don't expect gambling coins to be listed on Binance, so far only one gambling token has reached trades on binance and besides that the average gambling coin trading volume is very low, so it will be difficult to meet the listing criteria requirements for submission to the Binance exchange, but if for passive income from analysis of project progress then it's your own consideration but don't speculate too much before you are disappointed with the decision.

As a holder of Owl and BFG, I'm hoping that they can get listed, Betfury's long-term plan and part of their roadmap are to get listed on Binance and land in the top 100 coins in the market aggregator, they are still holding on to that plan and the community is supporting that goal I suggested to them that even if they cannot list on Binance for now they should add more exchange, top exchanges that are of Binance equal in terms of volume, so far BFG and Owl token still competitive in the gambling industry so our hopes are still alive.

Nothing is assured when it comes to future aspect of certain coins or projects and it would really vary on the development and simply with the demand.If they would really be listed on main or known platforms

or exchangers then expect for its price to soar up at least but in the end of the day which support for the project would be the main key for it to sustain with this unpredictable market.

I dont have any gambling based tokens/coins in my portfolio yet we do know that only few do really see some positive input or views for these coins to soar up its value but
well this is a personal choice.

coin-investor

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Quote from: erep on July 31, 2022, 12:49:38 AM

Quote from: Fredomago on July 30, 2022, 11:30:44 AM

No need to dwell with the past opportunities but instead moving forward and try to see if you can take advantage of the current market, the value of those assets are still cheap compared to their last time high, there's always a good chance that those assets can rise high once it was added to binance, you can buy and hold till the value reached your target peak.

Do your DYOR and the rest will be passive for your investment. Keep on track of all the progress and activities. It gives a lot of positive vibes while holding your assets.

Don't expect gambling coins to be listed on Binance, so far only one gambling token has reached trades on binance and besides that the average gambling coin trading volume is very low, so it will be difficult to meet the listing criteria requirements for submission to the Binance exchange, but if for passive income from analysis of project progress then it's your own consideration but don't speculate too much before you are disappointed with the decision.

As a holder of Owl and BFG, I'm hoping that they can get listed, Betfury's long-term plan and part of their roadmap are to get listed on Binance and land in the top 100 coins in the market aggregator, they are still holding on to that plan and the community is supporting that goal I suggested to them that even if they cannot list on Binance for now they should add more exchange, top exchanges that are of Binance equal in terms of volume, so far BFG and Owl token still competitive in the gambling industry so our hopes are still alive.

cabron

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Quote from: erep on July 31, 2022, 12:49:38 AM

Quote from: Fredomago on July 30, 2022, 11:30:44 AM

No need to dwell with the past opportunities but instead moving forward and try to see if you can take advantage of the current market, the value of those assets are still cheap compared to their last time high, there's always a good chance that those assets can rise high once it was added to binance, you can buy and hold till the value reached your target peak.

Do your DYOR and the rest will be passive for your investment. Keep on track of all the progress and activities. It gives a lot of positive vibes while holding your assets.

Don't expect gambling coins to be listed on Binance, so far only one gambling token has reached trades on binance and besides that the average gambling coin trading volume is very low, so it will be difficult to meet the listing criteria requirements for submission to the Binance exchange, but if for passive income from analysis of project progress then it's your own consideration but don't speculate too much before you are disappointed with the decision.

I think there is a restriction to these casino tokens because even the DEX won't list them. I just couldn't find a regulation news about it because its a hand off for exchanges. If it were just listed on Binance and the casino is also popular, its going to be an opportunity for investors. It seem a win-win, casino is a cash cow.

By the way, there is a scam accusation to OWL games. Not really them but evidence shows they are sister company of SandBoxCasino.io.
Just so you guys know its in this thread https://bitcointalksearch.org/topic/resolved-5407736

erep

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Quote from: Fredomago on July 30, 2022, 11:30:44 AM

No need to dwell with the past opportunities but instead moving forward and try to see if you can take advantage of the current market, the value of those assets are still cheap compared to their last time high, there's always a good chance that those assets can rise high once it was added to binance, you can buy and hold till the value reached your target peak.

Do your DYOR and the rest will be passive for your investment. Keep on track of all the progress and activities. It gives a lot of positive vibes while holding your assets.

Don't expect gambling coins to be listed on Binance, so far only one gambling token has reached trades on binance and besides that the average gambling coin trading volume is very low, so it will be difficult to meet the listing criteria requirements for submission to the Binance exchange, but if for passive income from analysis of project progress then it's your own consideration but don't speculate too much before you are disappointed with the decision.

Topic: Investing in Casino tokens such as BFG, OWL or TFS - page 32. (Read 8231 times)