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Topic: What are your expectations for Casino coins in this coming bull run? - page 4. (Read 3543 times)

legendary
Activity: 2366
Merit: 1624
Do not die for Putin
The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.

Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.
I love diversification, but I am very much of the opinion that casinos concentrate on their casino business and how to improve it, good customer relationship and fair odds and leave tokens for cryptocurrency based businesses. I know there's a cool relationship between crypto and casino, but then I don't like casino deving into crypto.
The casino token I have known for a long time is the betfury tokens. Then recently Rollbit and the crypto futures.

I think that predictions during a bull run are very difficult because you are going to think that stuff goes up for a reason and probably you think you know the reason, which usually ends up not being the case. And if you get it right is even worse, because you will think that you actually have a theory or method that works and will likely make a big mistake next time.
hero member
Activity: 1134
Merit: 535
fillippone - Winner contest Pizza 2022
The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.

Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.
I love diversification, but I am very much of the opinion that casinos concentrate on their casino business and how to improve it, good customer relationship and fair odds and leave tokens for cryptocurrency based businesses. I know there's a cool relationship between crypto and casino, but then I don't like casino deving into crypto.
The casino token I have known for a long time is the betfury tokens. Then recently Rollbit and the crypto futures.
The same way we have anticipating for the price ifk altcoins to go bullish more during this bull run, the same with happen to casino coins. I know many of the casino projects have good team that are already to send it to the moon. We all be waiting to see many casino projects hitting 2X to 5X by the time the price of Bitcoin finally hit 100k. This will surely happen although the pumping might differ from each others because they all have different prices and different communities that could push the price to skyrocket. I am very positive about casino coin and I know that they are going to move well if we are holding the good ones in the market.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
Casino based tokens will really be actually having that usage or utility that would be only used into the said platform. It wasnt really that meant for other purpose so it would be your choice.


Casino-based tokens are rarely successful, if you want to invest in casino-based tokens, of course you have to understand the big risks, there are also many lists of names of casino-based tokens that have failed or gone bankrupt with their casinos, while there are only a few that may still exist today. But this doesn't mean you won't suffer the same fate as those who have gone bankrupt, that's why I never invest in casino-based tokens because I think they are very risky, just being an active gambler is enough rather than investing in them.


That's probably because not one online casino has done the right way of distributing their token, and they also might not have found a good way for the token to gain utility within the casino.

If only there was an online casino that allows their users to use the casino token for bets/wagers, and that gives more incentives for them if they do.
For sure those casinos arent that focusing that much on how they would really be making money on the tokens that they had made. Usually it would really be attached on utility
but seldom that it is really that been applied for its usage and also  you could really be able to earn those tokens via wagering on which it would really be just that understandable that
price would really be going down as this one would really be continuing on obtain or would really be able to acquire specially if you are really that playing on the site.
There's no doubt that on the time that they would be able to obtain those tokens then the main priority that those gamblers would be having is to sell it out
immediate yet is still free money after all. Its true that if they do just make plans on how to make use of it on other way then there could be a chance on having that demand.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.

Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.

In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.
You have good points and it has to do with the general movements of the crypto market most times, otherwise, gambling coins often perform poorly. Although some would have a significant rise when there is an opportunity, especially those times that Bitcoin new/events would set the market agog, otherwise, you will be seeing a few of them having significant performance. I believe that is the way they would do until this bullish season is over. Many will not hit their ATH anymore even created this season again till it is over, so we need to be extremely careful about them regardless of the types around them. This is unless the success of the casinos/projects linked to it significantly warranted that.
legendary
Activity: 1260
Merit: 1079
Goodnight, o_e_l_e_o 🌹
The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.

Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.
I love diversification, but I am very much of the opinion that casinos concentrate on their casino business and how to improve it, good customer relationship and fair odds and leave tokens for cryptocurrency based businesses. I know there's a cool relationship between crypto and casino, but then I don't like casino deving into crypto.
The casino token I have known for a long time is the betfury tokens. Then recently Rollbit and the crypto futures.
legendary
Activity: 2898
Merit: 1823
Casino based tokens will really be actually having that usage or utility that would be only used into the said platform. It wasnt really that meant for other purpose so it would be your choice.


Casino-based tokens are rarely successful, if you want to invest in casino-based tokens, of course you have to understand the big risks, there are also many lists of names of casino-based tokens that have failed or gone bankrupt with their casinos, while there are only a few that may still exist today. But this doesn't mean you won't suffer the same fate as those who have gone bankrupt, that's why I never invest in casino-based tokens because I think they are very risky, just being an active gambler is enough rather than investing in them.


That's probably because not one online casino has done the right way of distributing their token, and they also might not have found a good way for the token to gain utility within the casino.

If only there was an online casino that allows their users to use the casino token for bets/wagers, and that gives more incentives for them if they do.
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
Casino based tokens will really be actually having that usage or utility that would be only used into the said platform. It wasnt really that meant for other purpose so it would be your choice.
Casino-based tokens are rarely successful, if you want to invest in casino-based tokens, of course you have to understand the big risks, there are also many lists of names of casino-based tokens that have failed or gone bankrupt with their casinos, while there are only a few that may still exist today. But this doesn't mean you won't suffer the same fate as those who have gone bankrupt, that's why I never invest in casino-based tokens because I think they are very risky, just being an active gambler is enough rather than investing in them.

If we talk about the upcoming bull market considering the bitcoin halving, there is always a price increase after the bitcoin halving, we all know that every event in these four years will continue to repeat itself consistently, that's why everyone expects more. By buying casino-based tokens, you can get big profits, but you need to Remember again, all traders must have a reason why they want to buy casino-based tokens and make the price increase when entering a bull market, since crypto prices have been rising for some time, we don't see price movements for casino-based tokens. I'm actually still not sure about that. but everyone has a choice.
hero member
Activity: 658
Merit: 524
Leading Crypto Sports Betting & Casino Platform
That's what I said, it's not only gamblers that finds interest to invest in casino coins. As a matter of fact, I was even thinking that majority of people that are investing into casino coin and other altcoins are non gamblers who are not using the casino, while only a few gamblers are really interested to invest in the casino coins. Some altcoin lovers and investors always make a good research towards what ever crypto that can make them profit, it doesn't matter if it's a casino coin, meme or other altcoin projects.
Don't you research a project before you invest in it? Not the best option, if that's what it really is. Do, many people are prevented from doing this by sheer laziness. Is it difficult to spend just a few minutes to read a small amount of text? It turns out not only difficult, but also boring to do such a thing. So why then, in fact, come to the direction of crypto, investing?

It's the responsibility of every investor to read and learn about the project in which they want to invest their funds. One can only be lazy or get bored studying about the project of interest if they have not experienced any bad losses in their altcoin investment. If an investor has suffered a big loss in their investment because they just rushed into investing in a project that they had not done any research on, then they will learn how to be more practical. I know how I faced a series of losses with my altcoin portfolio some years ago, which made me stop investing in altcoins, and even if I want to invest in any altcoin project now, I will make sure to dig deep into the project before investing. 
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.


Majority yes since there's no safe coins or tokens when market condition is bad. Although there are few of them will got a pump but everything is temporary. But so far the performance of most of casino token decline but its understandable since somehow we can think of that people prioritize to have bitcoin rather than altcoin and the least we can look forward is on how their casino perform since this will bring confidence to investor that there provably something good will happen especially if bitcoin will have a good rally again or alt season will came. If bull run has already passed then I guess its time to plan our next action.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.

Yeah that's the sad fact of those casino owned tokens but let see in couple of months or years if there are changes to happen especially on their development side. But also its understandable that meme coin is the one experience a bull run since this is tokens is the center of attention by most of altcoin investors that's why some of those tokens got an outrageous pump.
Whether casino based tokens or those typical altcoins in the market, it would really be just that having on the same risks and potential that they would be having on a volatile market whether it would be pumping or dumping.It would really be always according into the demand in the end of the day. If you do believe that these casino based tokens does have potential then invest with it but if not then you could really just simply skip out and look for another one. When it comes to expectation and other aspects then it would really be just that depending on you on where you would really be tending to deal or dive in.
Casino based tokens will really be actually having that usage or utility that would be only used into the said platform. It wasnt really that meant for other purpose so it would be your choice.
legendary
Activity: 2758
Merit: 1228
In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.


Majority yes since there's no safe coins or tokens when market condition is bad. Although there are few of them will got a pump but everything is temporary. But so far the performance of most of casino token decline but its understandable since somehow we can think of that people prioritize to have bitcoin rather than altcoin and the least we can look forward is on how their casino perform since this will bring confidence to investor that there provably something good will happen especially if bitcoin will have a good rally again or alt season will came. If bull run has already passed then I guess its time to plan our next action.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.

Yeah that's the sad fact of those casino owned tokens but let see in couple of months or years if there are changes to happen especially on their development side. But also its understandable that meme coin is the one experience a bull run since this is tokens is the center of attention by most of altcoin investors that's why some of those tokens got an outrageous pump.
hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.

Buddy, this is a wrong perception by many crypto investors and traders that all the coins including the casino coins will make an all time high or perform good during the bull run. Yes, the  casino coins that have their projects/gambling sites running in good reputation will surely get boosted during the altcoin season.
However, if the gambling site is having issues like currently we are seeing freebitco having a lot of withdrawal problems, if those are not resolved by the start of the bull run, then we may not see same surge in prices in FUN token (freebitco native gambling token).

This is just an example, the point is that for any coins to perform good in a bull season, still depends that the project is good, trusted and not scam people.
legendary
Activity: 2898
Merit: 1823
The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.

Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.


In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.


That's without question why plebs like us should consider a casino token's incentive structure, and how the casino admins/developers are building their services around that token. If it's a mere token that the casino itself doesn't want to accept for bets for their service, and/or doesn't want to incentivize the user for using the token, then I'm very confident that it will be ignored by the community in general.

What is the casino that's building their service around their token? Cool
hero member
Activity: 1666
Merit: 453
The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.

Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.

In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.
legendary
Activity: 2702
Merit: 1465
Crypto casinos have also encouraged the use of many popular altcoin so far rather than bitcoin or the token itself. The demand for altcoin like LTC, BNB, Doge, Tron or some others increases when bitcoin transaction fees seem expensive.
I agree, they're the ones that helped the demand of these altcoins to go up because of their acceptance rate is high for most of the valuable altcoins. And also, they've been so much stable into adopting Bitcoin as their main accepted crypto.

But having its own casino token would provide many advantages for developers - but I think its future is very uncertain.
There's so much benefits for the developers if they're able to make a huge demand out of it. Not to name some that I am seeing that they are raking huge volume on it and probably it has something to do with their own service and benefits that they're distributing to the ones that are holding it onto their own platform. But you're right about its future, they're uncertain and you'll never know how big they'd fall when the bear market comes.
By the way, I noticed that usually game tokens do not fall aggressively in price at the onset of a bearish cycle in the general cryptocurrency market. 
As a rule, the overall price drop for game tokens is even less than the average price drop for Altcoins.  This is primarily due to the utilitarian purpose of these tokens, which are used in specific games of a given casino that issues the tokens.  Therefore, the demand for tokens is quite stable on the part of players.  If the audience of players does not change much, then the demand for tokens remains.  And this is one of the factors for a more stable token rate in a bear market.  In my opinion, this is logical and this is what happens in most game token projects.
hero member
Activity: 1120
Merit: 563
That's what I said, it's not only gamblers that finds interest to invest in casino coins. As a matter of fact, I was even thinking that majority of people that are investing into casino coin and other altcoins are non gamblers who are not using the casino, while only a few gamblers are really interested to invest in the casino coins. Some altcoin lovers and investors always make a good research towards what ever crypto that can make them profit, it doesn't matter if it's a casino coin, meme or other altcoin projects.
Don't you research a project before you invest in it? Not the best option, if that's what it really is. Do, many people are prevented from doing this by sheer laziness. Is it difficult to spend just a few minutes to read a small amount of text? It turns out not only difficult, but also boring to do such a thing. So why then, in fact, come to the direction of crypto, investing?
hero member
Activity: 3080
Merit: 603
Crypto casinos have also encouraged the use of many popular altcoin so far rather than bitcoin or the token itself. The demand for altcoin like LTC, BNB, Doge, Tron or some others increases when bitcoin transaction fees seem expensive.
I agree, they're the ones that helped the demand of these altcoins to go up because of their acceptance rate is high for most of the valuable altcoins. And also, they've been so much stable into adopting Bitcoin as their main accepted crypto.

But having its own casino token would provide many advantages for developers - but I think its future is very uncertain.
There's so much benefits for the developers if they're able to make a huge demand out of it. Not to name some that I am seeing that they are raking huge volume on it and probably it has something to do with their own service and benefits that they're distributing to the ones that are holding it onto their own platform. But you're right about its future, they're uncertain and you'll never know how big they'd fall when the bear market comes.
full member
Activity: 672
Merit: 204
The important thing on here is that you do know that when it comes to movement then whether known or established coins or casino based coins. There would really be
no someone will really be able to tell on where it would really be that going.
Well, i think with what you have just said here, we have to realized that even some of those coins that are not casino coins were also finding it difficult in some situations to thrive along with the market performance on each season and let a lone to consider the performance of a casino coin which has to be pegged under the reputation and success of the gambling platform itself before we can predict on its performance or not during the bullrun season with other coins.
I did not comprehend to exactly what you are saying but I know very well that casino platforms have different option of the coin that you will deposit in their platform using a cryptocurrency there is some certain coins that is not a eligible for you to be used for some of the casino platforms that is what some persons don't know about casino platforms some of them might accept Bitcoin as a method of deposit in their platform and some of them may also accept litecoin for their own side of casino so it depends on the acceptable kind of coin that is being needed for a particular casino platform.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
-snip-
It would all play a part into the kind of market they draw to the tokens. The gambling field is a very large one and Casino gambling especially in the cryptocurrency gambling space forms a large part of that, which makes it a very thriving industry, especially when it’s handled with good management and a proper publicity team.
One thing to note though is the fact that, it’s a highly competitive space, with many customers to go round though, you still find Casinos in some unhealthy competition, always trying to crush the other and this in a way results in not having practical use cases for its token outside the Casino. It serves more like a chip but, should we have an integrated network of Casinos where they are encouraged to value these tokens, we could see them do even better than they are today.
Oh of course – the gambling industry is a very competitive one. There are billions of dollars flowing into this industry every year [don't ask me for the exact value] so development is ongoing. Even crypto-based gambling has grown rapidly over the years – even without having its own tokens, they can still do well.

Crypto casinos have also encouraged the use of many popular altcoin so far rather than bitcoin or the token itself. The demand for altcoin like LTC, BNB, Doge, Tron or some others increases when bitcoin transaction fees seem expensive. But having its own casino token would provide many advantages for developers - but I think its future is very uncertain.
It is really just that good for on site utility nothingless. For sure they arent that expecting that it would really be that supported by huge investors in considering that this is really just that a utility token.
I do even hardly believe that these tokens would really be that get listed on different exchange platforms or even just simply ending up some own value. Companies wont really be that
putting up that much focus since they do know that there are really that having much more tokens or coins that in the market which does have much more better utility.
On the moment that they will be making their own then it is really just that for the sake of utility on which it would really be attached into promotions and those competitions.
If ever it would really be having some pumping situation then good for those who had bought on the bottom on which still making that easy money.
legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
-snip-
It would all play a part into the kind of market they draw to the tokens. The gambling field is a very large one and Casino gambling especially in the cryptocurrency gambling space forms a large part of that, which makes it a very thriving industry, especially when it’s handled with good management and a proper publicity team.
One thing to note though is the fact that, it’s a highly competitive space, with many customers to go round though, you still find Casinos in some unhealthy competition, always trying to crush the other and this in a way results in not having practical use cases for its token outside the Casino. It serves more like a chip but, should we have an integrated network of Casinos where they are encouraged to value these tokens, we could see them do even better than they are today.
Oh of course – the gambling industry is a very competitive one. There are billions of dollars flowing into this industry every year [don't ask me for the exact value] so development is ongoing. Even crypto-based gambling has grown rapidly over the years – even without having its own tokens, they can still do well.

Crypto casinos have also encouraged the use of many popular altcoin so far rather than bitcoin or the token itself. The demand for altcoin like LTC, BNB, Doge, Tron or some others increases when bitcoin transaction fees seem expensive. But having its own casino token would provide many advantages for developers - but I think its future is very uncertain.
hero member
Activity: 1036
Merit: 674
-snip-
Isn't that what's happening with most of altcoins too? There is something that most altcoin projects can't do, though. They can't attract more users based on their performance. But good casinos can do that. And the price of their coins can rise once again, and then again.
Yes - you're right, I agree with that.
Casino token have use cases that may increase over time especially if casinos are truly able to maintain their presence in the industry. Freebitcoin's recent case will likely see the token's value plummet - while if they or other casinos survive and continue to perform well, their value will increase due to demand.

Most altcoins are pumped and dumped during their initial market listing - this is normal before they struggle with a competitive market. The future of casino token essentially depend heavily on the growth of these casinos in the industry - but they certainly have an advantage in real use cases over altcoin that only make their developers rich.
It would all play a part into the kind of market they draw to the tokens. The gambling field is a very large one and Casino gambling especially in the cryptocurrency gambling space forms a large part of that, which makes it a very thriving industry, especially when it’s handled with good management and a proper publicity team.
One thing to note though is the fact that, it’s a highly competitive space, with many customers to go round though, you still find Casinos in some unhealthy competition, always trying to crush the other and this in a way results in not having practical use cases for its token outside the Casino. It serves more like a chip but, should we have an integrated network of Casinos where they are encouraged to value these tokens, we could see them do even better than they are today.
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