What are your expectations for Casino coins in this coming bull run? - page 13.

danadc

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Quote from: Synchronice on April 30, 2024, 07:47:46 AM

Quote from: Fivestar4everMVP on April 30, 2024, 03:37:53 AM

Well, if actually we should be very fair on other casino tokens I also mentioned in the op, I would say that non of those tokens are dead as of now, they all have stood the rest of time, they all have seen the bull run and bear seasons, and just like RLB, they too are still standing, so, there is a chance that they too have a chance of doing very well in the coming future, as we cant tell what the team behind this projects are cooking at the moment, but all the same, I still agree with you though, if we are to consider how this tokens are looking at the moment, then I need not argue that anyone will without hesitation choose RLB over others, but like I said before, they all still have a chance to well in the future regardless of their present condition.

And adding to this, I discovered a new casino that just launch some weeks back, the name of the casino is CADIFY, they have a token currently trading on decentralized exchanges on The open network (TON blockchain) it's not listed on coinmarketcap or coingecko yet, so don't bother looking there, I am still researching, and Will make a proper post on this later on if I find it good for investment.

There are many casinos with native coins & tokens but those three that you included in your original post, are the most popular ones. But to be honest, I think that casino tokens aren't the best investment options, they are here mostly for the purpose of getting premium benefits and features from buying and holding them. If you want to get more cashbacks, more rakebacks, the chance to win some premium rewards, premium ranking, other kind of premium benefits and rewards, then these tokens are for you. If anyone thinks that they'll buy and sit and get 150% APY on their investment every year while token will also grow in value, they are on the wrong path.

I haven't had much luck with native tokens, when I decided to do it it was with Betfury tokens which were excellent, but then I lost that investment because it was something that went wrong for this team with the bitcointalk entity, and that seemed very ugly to me. , because the rights of people who are from here also apply, and the first problem they had, they evaded it and ran away, I don't deny it, that affected me a little, I almost don't trust them. I don't trust them much either to buy other projects now, but in this case the project they have in rollbit is very good, the RLB has borne a lot of fruit and I don't see it going to fall like the BFG one. Nor are those at Rollbit casino like at Betfury, at Rollbit they have more education.

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Quote from: Fivestar4everMVP on April 30, 2024, 03:37:53 AM

Well, if actually we should be very fair on other casino tokens I also mentioned in the op, I would say that non of those tokens are dead as of now, they all have stood the rest of time, they all have seen the bull run and bear seasons, and just like RLB, they too are still standing, so, there is a chance that they too have a chance of doing very well in the coming future, as we cant tell what the team behind this projects are cooking at the moment, but all the same, I still agree with you though, if we are to consider how this tokens are looking at the moment, then I need not argue that anyone will without hesitation choose RLB over others, but like I said before, they all still have a chance to well in the future regardless of their present condition.

And adding to this, I discovered a new casino that just launch some weeks back, the name of the casino is CADIFY, they have a token currently trading on decentralized exchanges on The open network (TON blockchain) it's not listed on coinmarketcap or coingecko yet, so don't bother looking there, I am still researching, and Will make a proper post on this later on if I find it good for investment.

There are many casinos with native coins & tokens but those three that you included in your original post, are the most popular ones. But to be honest, I think that casino tokens aren't the best investment options, they are here mostly for the purpose of getting premium benefits and features from buying and holding them. If you want to get more cashbacks, more rakebacks, the chance to win some premium rewards, premium ranking, other kind of premium benefits and rewards, then these tokens are for you. If anyone thinks that they'll buy and sit and get 150% APY on their investment every year while token will also grow in value, they are on the wrong path.

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Quote from: wallet4bitcoin on April 29, 2024, 05:52:20 PM

i don't consider casinos as a part of ventures that will be affected by the bull or bear season, even thought the casinos accept the use of cryptocurrencies for the payment, i don't see them being affected much but the bullrun might have a more positive effect on them than the bear season will. Gamblers will commit more when they have surplus than when they have so little.

To some level we can still take casino coins as investment tool since their are listed on the exchange and at the same time being traded, so the bull market will definitely increase the value of those coins even if not so much impact but at least some level of take up will definitely take place during the bull market.

The casinos coins that may not make so much effect during bull run are those that are developed solely fpr utilities on the casino amd are not listed on exchanges, this set of casino coins will have a stable price and less or no volatility.

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Quote from: Wiwo on April 29, 2024, 05:40:02 PM

If I am to make a choice of investment on casinos token, then the only project o can give my trial to is RLB since the casino have a good presence and long term track records, and also considering the amount of time that the token have survived the market crises and demand, all that made the coin to have good foundation that can easily translated into impact for the token which is what will increase the value of the token.

Well, if actually we should be very fair on other casino tokens I also mentioned in the op, I would say that non of those tokens are dead as of now, they all have stood the rest of time, they all have seen the bull run and bear seasons, and just like RLB, they too are still standing, so, there is a chance that they too have a chance of doing very well in the coming future, as we cant tell what the team behind this projects are cooking at the moment, but all the same, I still agree with you though, if we are to consider how this tokens are looking at the moment, then I need not argue that anyone will without hesitation choose RLB over others, but like I said before, they all still have a chance to well in the future regardless of their present condition.

And adding to this, I discovered a new casino that just launch some weeks back, the name of the casino is CADIFY, they have a token currently trading on decentralized exchanges on The open network (TON blockchain) it's not listed on coinmarketcap or coingecko yet, so don't bother looking there, I am still researching, and Will make a proper post on this later on if I find it good for investment.

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Quote from: wallet4bitcoin on April 29, 2024, 05:52:20 PM

i don't consider casinos as a part of ventures that will be affected by the bull or bear season, even thought the casinos accept the use of cryptocurrencies for the payment, i don't see them being affected much but the bullrun might have a more positive effect on them than the bear season will. Gamblers will commit more when they have surplus than when they have so little.

For sure they will not get affected on bull or bear situation if you mean the business side since they can accept crypto's they allowed to deposit as 1:1 ratio so there's nothing to worry about that as they can still pay users regarding if they are lucky to win.

But I guess this is not what have been discuss on this thread since the one has been tackled is the token created by those casino if they can be affected of the bull run. So to stay in topic then I guess the effect will depends always on the performance of the casino and if they can do a lot of things like frequently releasing some update and can able to build up some hype on their community while we are experiencing the bullish season then I guess we can expect something good to happen with this coin and it will provably ride the pumping season the same with bitcoin. But if they don't do anything and wait for their community to move then again expect that there's nothing gonna happen with them as provably that they will just end up on bad position since people might forget about acquiring their token.

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i don't consider casinos as a part of ventures that will be affected by the bull or bear season, even thought the casinos accept the use of cryptocurrencies for the payment, i don't see them being affected much but the bullrun might have a more positive effect on them than the bear season will. Gamblers will commit more when they have surplus than when they have so little.

Wiwo

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If I am to make a choice of investment on casinos token, then the only project o can give my trial to is RLB since the casino have a good presence and long term track records, and also considering the amount of time that the token have survived the market crises and demand, all that made the coin to have good foundation that can easily translated into impact for the token which is what will increase the value of the token.

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Quote from: danadc on April 29, 2024, 10:02:04 AM

Quote from: rodskee on April 29, 2024, 08:26:37 AM

Quote from: Dunamisx on April 22, 2024, 02:54:11 PM

Casino coins are mainly dependent of the casino business and projects, if they are actually successful in their business, then there should be more exploits from their casino coin or token as well, this is all about money, funding the project that lies behind such, having strong background investors and users as well who will develop a continual interest on the use of the coins and tokens, investing and referring others as well on such project into further development.

We have some good casinos here that have their coins spread and invested over
many people and their popularity made those investors to trust their tokens but some of
them are facing issues and being questionable .
but like others I choose not to invest in one of those instead i am investing in
bitcoin and some top altcoins.

There are many coins that are from the casino that are very good, others that are a total disappointment, I have invested in some, the case of the biggest disappointment I have had is with Betfury, where it was a casino that offered me good Returns and I was able to make things that I thought were going to be for the future, but from one moment to the next everything changed, and things went to the bottom, well for me they went to the bottom, because I invested little in the tokens and that did not help me at all, apart from the caisno's gesture of not responding to us anything else in the forum, it seemed disrespectful to me, those things disappointed me, the casino is more booming, in this case it is Rollbit for NFTs, because of the tokens, are having a lot of success, for me that is the best.

I didn't buy into BFG, but i very much agree with you based on my research, not just you, but a lot of persons claimed they are very disappointed in Betfury because they neglected their token and caused those who invested in the token to lose money, I have a friend who is pretty active here on the forum and also plays frequently on Betfury back in the days, He stopped playing on Betfury due to his claim that he invested heavily on BFG believing the token will do well in the market because Betfury was his favorite casino back then, but unfortunately, the token price kept going down and down and at a point, he could not take it anymore, he had to sell off the token at a heavy loss, and since then, he stopped playing on Betfury because according to him, Betfury cant be trusted due to their failure in the aspect of their token.

So for me, i am not expecting anything much from BFG in this coming bull run, i usually do not invest in casino tokens, but if i was to change my mind and decide to invest, i think i will go for RLB, this token looks like one that will make it to the top 100 and above on coinmarketcap in the coming bull run.

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Quote from: rodskee on April 29, 2024, 08:26:37 AM

Quote from: Dunamisx on April 22, 2024, 02:54:11 PM

Casino coins are mainly dependent of the casino business and projects, if they are actually successful in their business, then there should be more exploits from their casino coin or token as well, this is all about money, funding the project that lies behind such, having strong background investors and users as well who will develop a continual interest on the use of the coins and tokens, investing and referring others as well on such project into further development.

We have some good casinos here that have their coins spread and invested over
many people and their popularity made those investors to trust their tokens but some of
them are facing issues and being questionable .
but like others I choose not to invest in one of those instead i am investing in
bitcoin and some top altcoins.

There are many coins that are from the casino that are very good, others that are a total disappointment, I have invested in some, the case of the biggest disappointment I have had is with Betfury, where it was a casino that offered me good Returns and I was able to make things that I thought were going to be for the future, but from one moment to the next everything changed, and things went to the bottom, well for me they went to the bottom, because I invested little in the tokens and that did not help me at all, apart from the caisno's gesture of not responding to us anything else in the forum, it seemed disrespectful to me, those things disappointed me, the casino is more booming, in this case it is Rollbit for NFTs, because of the tokens, are having a lot of success, for me that is the best.

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Quote from: Dunamisx on April 22, 2024, 02:54:11 PM

Casino coins are mainly dependent of the casino business and projects, if they are actually successful in their business, then there should be more exploits from their casino coin or token as well, this is all about money, funding the project that lies behind such, having strong background investors and users as well who will develop a continual interest on the use of the coins and tokens, investing and referring others as well on such project into further development.

We have some good casinos here that have their coins spread and invested over
many people and their popularity made those investors to trust their tokens but some of
them are facing issues and being questionable .
but like others I choose not to invest in one of those instead i am investing in
bitcoin and some top altcoins.

ultrloa

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Quote from: Crypto Library on April 22, 2024, 02:54:27 PM

Quote from: Fivestar4everMVP on April 11, 2024, 01:20:17 PM

1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

Even I am not interested to invest in casino token because all the time I have been seen that those who are casino coins are always go for dumping. But in case if I change my mind and invest in casino coin then I will choose rollbit in your three options The performance of this coin is quite better than all other coins it was launched in 2022 and its starting price started after zero and two more zeros and currently it is around $0.13 which is an outstanding performance casino coin.

Rollbit set some nice standards since they able to manage well the situation and get a good price run even if the market condition is not doing well at some certain times. We can also add that Rollbit casino is successful that's why this will be a plus factor for people thinking about having those casino tokens since from that they maybe would get a basis that it will not turn into a bad asset to have compare with other casino tokens. So far what I see with other is not really in good situation but let see if there's something like a altcoin bullish season and if we can see something big changes on the market of casino tokens since if they can able to revive back then maybe the interest of people to have them might come back.

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Quote from: Dunamisx on April 22, 2024, 02:54:11 PM

Casino coins are mainly dependent of the casino business and projects, if they are actually successful in their business, then there should be more exploits from their casino coin or token as well, this is all about money, funding the project that lies behind such, having strong background investors and users as well who will develop a continual interest on the use of the coins and tokens, investing and referring others as well on such project into further development.

Well, I won't completely agree with you bud, for I do not believe that casino tokens are completely dependent on the gambling casino itself for its success, if you look around, you are going to find a lot of examples, but for now, let me just give you one example.
Look at betfury casino and look at their BFG token, Betfury casino is really a successful casino if you ask me, but the success of this casino has not reflected on their BFG token, infact, the token sometimes looks like it's dead, meanwhile betfury casino is really doing well as a business.

I think aside from product, there are alot of other factors that determines the success of tokens, and those are..
Hype
Community backing
Utility
And so on..
I am yet to find any casino tokens with this three things in place, and it's the reason why we have not seen any casino token enter the top 100 on coinmarketcap, casino tokens lack, not just hype, but also utility and community backing.

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Quote from: Dunamisx on April 22, 2024, 02:54:11 PM

Casino coins are mainly dependent of the casino business and projects, if they are actually successful in their business, then there should be more exploits from their casino coin or token as well, this is all about money,

but there are very successful casino that still have not find their coins being in success completely now meaning this is still depending on how they are marketing their coins and what would be the benefits of its investors.

Quote

funding the project that lies behind such, having strong background investors and users as well who will develop a continual interest on the use of the coins and tokens, investing and referring others as well on such project into further development.

we can say everything but for me ? i am not willing to spend my time and money investing in casino coins when I can find more better projects outside casinos .

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Quote from: Dunamisx on April 22, 2024, 02:54:11 PM

Casino coins are mainly dependent of the casino business and projects, if they are actually successful in their business, then there should be more exploits from their casino coin or token as well, this is all about money, funding the project that lies behind such, having strong background investors and users as well who will develop a continual interest on the use of the coins and tokens, investing and referring others as well on such project into further development.

So based on your opinion about casino coins and casino tokens, don't you believe we are rather taking about securities or stocks? Because of the value of the coin is highly dependent on how the business or issuer is going, then it is very likely we are talking about a security and not a community or decentralized asset.
Take Bitcoin as comparison, for example, Bitcoin was not issued by a centralized authority and does not depend on a webpage or business for it to continue to thrive in the market.

That is one of the reasons I would not recommend to heavily invest in casino coins and tokens, of one is not sure of the jurisdictions where the company is based and the laws of that jurisdiction when comes to unregistered securities and stocks.
Actually, it is kind of impressive to me how some casino coins have managed to reach big exchanges like Binance, while having so many characteristics of an unregistered security. Tongue

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Quote from: arwin100 on April 22, 2024, 05:40:52 AM

Quote from: Betwrong on April 22, 2024, 03:19:43 AM

~

Investors associate the success of the casino to their token since that give them confidence that the casino can able to support their token.

Right. Although I personally think that no "support" is needed, but I think you are right, that's what warms up hopes of most investors. In reality, if the casino is doing well then its tokens(coins) have a great utility and they don't need any support to be able to rise in price with time or retain their price if it's already high.

Quote from: arwin100 on April 22, 2024, 05:40:52 AM

~It didn't meet the expectation of people that's why those people experience the worst like they are bag holding those token for many months or it reached for years they didn't want to engage on any of these type of token anymore since they get afraid if same situation will happen to them knowing that this tokens will only be good at first but once they exist for many months the value and volume declines.

Yes, there are exceptions, of course, to what I said above. If the initial price of casino token was artificially inflated at first, then, even if it'a popular casino and prosperous joint, the price of their coin might decline in the future.

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Quote from: Fivestar4everMVP on April 11, 2024, 01:20:17 PM

1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

Even I am not interested to invest in casino token because all the time I have been seen that those who are casino coins are always go for dumping. But in case if I change my mind and invest in casino coin then I will choose rollbit in your three options The performance of this coin is quite better than all other coins it was launched in 2022 and its starting price started after zero and two more zeros and currently it is around $0.13 which is an outstanding performance casino coin.

Quote

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..

Currently if anyone wants to invest in casino coin based on bull run then I would say not to invest in any coin other than RLB coin. And also I would say it is better not to invest in casino coins for long term.

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Casino coins are mainly dependent of the casino business and projects, if they are actually successful in their business, then there should be more exploits from their casino coin or token as well, this is all about money, funding the project that lies behind such, having strong background investors and users as well who will develop a continual interest on the use of the coins and tokens, investing and referring others as well on such project into further development.

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Quote from: bitterguy28 on April 17, 2024, 07:14:35 AM

Quote from: uchegod-21 on April 11, 2024, 02:13:59 PM

I think when I was new in this space I invested in Betfury token. But then, for the sake of bull run, I think there are alot of projects which are promising. It is not necessary that you will cover every area with your portfolio.

and Also this is about what we do believe that will bring us profit and not just because it is popular or something in similar to that .
but also there are some issues these type of coins are facing maybe this add to why they are not that popular nowadays, and indeed that why need to fill your folio with coins that you believe does not belong to your holdings.

Popularity without significant price increase is just a hype without value, which is what most casinos tokens are all about, their have failed to build the value needed to propel their price growth since many of those coins were not actually used as utility on those casino.

Their were rather developed as pour investment tool, which is the main reason why they missed out too quickly most times, but few of them that actually traded the path of growth and development, their have shown much improvement in the price and how their manage to grow their price steadily.

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Quote from: Betwrong on April 22, 2024, 03:19:43 AM

The difference between most tokens and casino tokens is that people usually associate a particular casino with them. If the casino is popular if its business is going well, then than it is likely that the token associated with it will go up too. For most people it's easier to evaluate how good or bad the things are with a casino than with some mysterious crypto project, the developers of which are telling you that everything's great, but you can't comprehend the sophisticated details.

Casino tokens are a just fundraisers for the casino. Even if the token gets dumped or doesn't get much attention the casino won't lose anything and most probably some people will buy it anyway, providing liquidity for the business. I've never been a fan of these tokens because you can clearly see that they're creating more shitcoins because people are so willing to throw money into these things, just like they threw money into ICO's and later NFT's. If you want to invest, buy bitcoin and if you want to gamble just gamble. Buying casino tokens is for the average gambler a low risk investment when they compare it to what they're doing in the casino, but it's not.

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Quote from: Fivestar4everMVP on April 11, 2024, 01:20:17 PM

Hi ladies and guys of the gambling board..

I believe by now, we all should already know that the bull run is fast approaching, and like it's often said, "Do not put all your eggs in one basket", I've invested in different coins from different narratives like Defi, Ai, Rwa, Gamefi and so on and on, but one narrative I've not put any money in Is gamblefi, or simply put, casino tokens, that is a token or coin owned by a casino, and this is not becuase I don't know any, I know quite some, and in all that know, I think two or three stand out, and those are..

1. RLB - from Rollbit
2. FUN - from freebitco
3. BFG - from Betfury

Investing in casino tokens I would say comes with rather a high level of risk, why? Because to me, they arent well known, they don't seem to make waves like coins or tokens from other narratives, and the chances they may remain stagnated and the same price even during the bull run; is quite high.

So, I am brining this dicussion to the gambling community here, and I have just three questions to ask, and they are..

1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?

I can see that recently many casinos are trying to launch there own token so that users can always use the native token of the casino to earn more and play games on the casino. This is quite a frequent features we have been seeing on many of many of the casinos and we can always make money from casino tokens if we are early adopters. I know some few tokens that are owned by casinos which are good to hold for as long as we want. These casinos you have mentioned are great one just like the new casino I have used buying and holding their tokens. I think the HUGEWIN casino need to be among since it's a new casino with great native token.

Topic: What are your expectations for Casino coins in this coming bull run? - page 13. (Read 3552 times)