Topic: What are your expectations for Casino coins in this coming bull run? - page 5. (Read 3543 times)

Quote from: arwin100 on June 17, 2024, 05:08:03 AM

-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.

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Quote from: Betwrong on June 17, 2024, 03:30:22 AM

Quote from: Betwrong on June 10, 2024, 06:04:04 AM

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RLB and FUN coins can be considered for trading but other casino coins must be considered wisely, many casino projects release tokens after their project is released so the price pump only increases temporarily after having hype but the price will fall after that,

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.

Usually that's common thing we could able to see on altcoins to especially when they manage to get a big hype from their community since by the time the listing happens there would be a overwhelming demand will came that's why its common for them to pump up.
The question now if the dump came would they able to pump back again? For most of those reputable casino like Rollbit which owned RLB and Freebitco.in which is also own FUN token they have high chance to get another pump since the people who gamble or use their casino have confidence to hold or acquire their tokens since they know that what tokens they bought is owned by a successful platforms which they could trust for.

These two tokens impressed me so far and Rollbit still continue to gain success. Although freebitco.in reputation has been shaken of lately but for sure they could able to resolve those troubles they encountered.

We do know on how powerful or something which community hype or fomo would really be kicking in on which doesnt matter whether a casino based token or not, it would surely pump up but
we do know that when it comes to increasing its value then it would really be just that not limited into those people who do play on the platform who would really be buying up these coins but also
into those people who do tend to invest into because they are really that indeed believing that this could really be getting that demand or price spike later on. Although it wont
be known or be sure but the chances could neither be both of things and this is why some investors would really be that skeptical on that part whether they would be diving into these tokens
or simply they will be investing into Bitcoin or some top altcoins in the market.

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Quote from: Betwrong on June 17, 2024, 03:30:22 AM

Quote from: Betwrong on June 10, 2024, 06:04:04 AM

~

RLB and FUN coins can be considered for trading but other casino coins must be considered wisely, many casino projects release tokens after their project is released so the price pump only increases temporarily after having hype but the price will fall after that,

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.

Usually that's common thing we could able to see on altcoins to especially when they manage to get a big hype from their community since by the time the listing happens there would be a overwhelming demand will came that's why its common for them to pump up.
The question now if the dump came would they able to pump back again? For most of those reputable casino like Rollbit which owned RLB and Freebitco.in which is also own FUN token they have high chance to get another pump since the people who gamble or use their casino have confidence to hold or acquire their tokens since they know that what tokens they bought is owned by a successful platforms which they could trust for.

These two tokens impressed me so far and Rollbit still continue to gain success. Although freebitco.in reputation has been shaken of lately but for sure they could able to resolve those troubles they encountered.

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Quote from: Betwrong on June 10, 2024, 06:04:04 AM

~

RLB and FUN coins can be considered for trading but other casino coins must be considered wisely, many casino projects release tokens after their project is released so the price pump only increases temporarily after having hype but the price will fall after that,

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.

Quote from: Dunamisx on June 15, 2024, 01:45:47 PM

it is very important to consider the project The main casinos that have released coins or tokens because the main project prioritizes have the most users and they have realized real projects recommended by the gambling community.

Exactly. Research about the project as much as you can. It's very important that it was created by reputable groups of people and some reputable firms were involved.

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Quote from: Lanatsa on June 15, 2024, 11:47:35 AM

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.

If you carefully study the crypto market as a whole, it moves the same way most times. There are times when the whole market will be bullish and there are times when the whole market will be bearish. What matters is for us to take the opportunity of them just like that, this is at least true for almost all cryptocurrencies. I said that because at some general bullish times, there are some few cryptocurrencies that will be selling or find it difficult to rise, and the same is applicable to the bearish moments, there are some that will be buying amidst that, so we should know our limits and also use our chart analysis to provide the best advice for ourselves in relation to the coins/tokens we are investing in so that they will not disappoint us.

However, in general, no one should blame any gaming token now, they are not all extraordinarily performing, except a few, especially the Notcoin which is for obvious reason. We should wait for the general bull run where almost all coins/tokens would have massive buying potential. By then if any gambling did not rise, such can be termed bad.

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Quote from: Dr.Bitcoin_Strange on June 13, 2024, 12:32:17 PM

There's no doubt that most people (altcoin lovers) are already having their eye on the token. Since the last pump of a casino coin that is promoted here, most investor have also put their attention on casino coin because they don't know yet the next casino coin that will have a huge pump. Though we are not sure yet if metawin coin will be successful but I guess it may since it's a web3 casino.

I've seen that casino coin that have pumped. And in some other crypto communities, I've seen those people that have recognized coin and they're not even gambling there but just plainly holding the token. That's why if it's about the attention, there's really attention that's coming to these casino tokens/coins and not just from their gamblers but also from investors that are just trying to time the market and looking for their own choice on where to invest.

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.

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Quote from: Lanatsa on June 15, 2024, 11:47:35 AM

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.

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Quote from: bitterguy28 on June 15, 2024, 08:15:23 AM

Quote from: peter0425 on June 15, 2024, 07:07:31 AM

Quote from: peter0425 on June 15, 2024, 07:07:31 AM

As far as I understand casino lovers have a lot of expectations about casino coins and are paying attention to tokens. Everyone is hoping that this bull run will have a huge pump from casino tokens.

I think many will be expecting that more people will come into the crypto industry in general and this includes casino that operates with cryptocurrencies. I think participating in casino coins/tokens will be a smart move even if you are not huge of a gambler as long as you choose a casino that seems reliable and has high quality performance.

Quote

Sometimes those communities create hype in the markets. The market is always changing so gamblers need to be aware and move forward with it.

A new project is always hyped at the beginning before eventually people realize that their assumptions were wrong.

This is if you know which casino coins are you investing and participating because there are some of them are having issues
either stagnant or troubled in their price growing .
I don't know if I will trust these kind of investing instead rather choose other coin like in the ranking position for my safer holding.

Stagnant or troubled on price growing doesnt necessarily means that it would really be always reflecting out on whats the reputation of the said casino because it wont really be just that precise if you would really be just trying to look up and getting in line about their reputation just basing on how their tokens been that behaving in the market. If you do see its dumping then it could really be just only have that possible two reasons on which it would really be that a typical market movement or simply there are no investors who do really play out with the price on which we do know that these are the main things on why price is really that moving neither up or down. When it comes to investment it would really be just that depending on you on how you would really be that making yourself choosing on which one you would really be that tending to invest into.

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.

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As far as I understand casino lovers have a lot of expectations about casino coins and are paying attention to tokens. Everyone is hoping that this bull run will have a huge pump from casino tokens.

I think many will be expecting that more people will come into the crypto industry in general and this includes casino that operates with cryptocurrencies. I think participating in casino coins/tokens will be a smart move even if you are not huge of a gambler as long as you choose a casino that seems reliable and has high quality performance.

Quote

Sometimes those communities create hype in the markets. The market is always changing so gamblers need to be aware and move forward with it.

A new project is always hyped at the beginning before eventually people realize that their assumptions were wrong.

This is if you know which casino coins are you investing and participating because there are some of them are having issues
either stagnant or troubled in their price growing .
I don't know if I will trust these kind of investing instead rather choose other coin like in the ranking position for my safer holding.

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As far as I understand casino lovers have a lot of expectations about casino coins and are paying attention to tokens. Everyone is hoping that this bull run will have a huge pump from casino tokens.

I think many will be expecting that more people will come into the crypto industry in general and this includes casino that operates with cryptocurrencies. I think participating in casino coins/tokens will be a smart move even if you are not huge of a gambler as long as you choose a casino that seems reliable and has high quality performance.

Quote

Sometimes those communities create hype in the markets. The market is always changing so gamblers need to be aware and move forward with it.

A new project is always hyped at the beginning before eventually people realize that their assumptions were wrong.

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Quote from: blockman on June 14, 2024, 05:50:42 PM

As far as I understand casino lovers have a lot of expectations about casino coins and are paying attention to tokens. Everyone is hoping that this bull run will have a huge pump from casino tokens. Although the casinos increase the attraction, it is difficult to say how much they will pump. Sometimes those communities create hype in the markets. The market is always changing so gamblers need to be aware and move forward with it.

Especially to the existing holders for sure they expect a lot from the casino token they hold since what they think that there might be more better figures will come to the tokens they hold especially if those people want to sell their tokens since they want to exit and find better coins or token to invest their funds again. But for what we see its like nothing happens yet or altcoin season is just didn't happen yet. But I guess lets just see what will happen in future if we could able to see a hype from this tokens since for sure those people who accumulate and hold might earn good profits for their supported casino tokens if altcoin season may came. Also yeah the market changes that's why I'm not a fan of holding this token for long time since the growth is unpredictable and we might got stuck for long time with them.

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Quote from: Hispo on June 14, 2024, 05:47:21 AM

Quote from: Dr.Bitcoin_Strange on June 13, 2024, 12:32:17 PM

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They're like exchange tokens. They have their own business behind the token that was produced. But even if the casino is performing well, there can be instances that the tokens won't be perfectly good for them. Because the market of these tokens are separated from it but the connection is there when the demand increases that's being done by the casino itself for the benefits that they offer to their customers by just simply holding the token into their platforms.

Though , I would argue exchange tokens have some advantage over casino tokens when comes to creating demand to favor the price of the asset and keep early investors happy. Casinos and Exchanges both win from the high volume of transactions/bets-gambling that take place in their webs. However, exchanges have more creative ways to create perks and advantages for token holders, in order to incentivize the demand for it. Binance being the biggest exchange of the world can afford to even to further than just creating perks, they actually had a burning program for their BNB coin. That is something I am yet to see from a casino. Generally, casinos limit themselves with offering some passive earning and cashback and bonuses.

They are different markets, but the trend of in-house tokens, Exchanges are definitely ahead casinos. In spite of regulators bugging them both.

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It depends on their coins if they can sustain with the market and of course, the use of their token, if there are less activity on it of course there's less volatility reason why they keep promoting and having a stake programs and it good too if they will add some pairs on it internally this become huge movement if they will added too in the public market. IMO this was less movement at least we expect unless they will keep having an engagement event.

Quote from: Potato Chips on April 11, 2024, 05:52:44 PM

But I still think meme coins or whatever becomes the new trend obsession the next day have more potential. Because IMO, while tokenomics are important, hype delivers so much more lol which the most trending stuff are likely to be ahead on 🤔 though, coins from reputed casinos are more likely to be safer from rug pulls and whatnot. Pros and cons, amirite?

People prefer meme coins because of their movement but they way riskier because its meme coin its easy to manipulate unlike other coins, if you make a wrong coin your investment will become more wasted like you were saying prone to rug and honeypot.

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As far as I understand casino lovers have a lot of expectations about casino coins and are paying attention to tokens. Everyone is hoping that this bull run will have a huge pump from casino tokens. Although the casinos increase the attraction, it is difficult to say how much they will pump. Sometimes those communities create hype in the markets. The market is always changing so gamblers need to be aware and move forward with it.

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Quote from: Hispo on June 14, 2024, 05:47:21 AM

Quote from: Dr.Bitcoin_Strange on June 13, 2024, 12:32:17 PM

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In my opinion, Gambling tokens and related coins cannot only be about attention and hype, otherwise, there would not be much different between a casino token and a memecoin like Shiba Inu and Dogecoin. Since we are talking about an asset which is directly tethered to the performance and perks a casino can offer to the holder of such token, then we could say there is an actual use case for those tokens (It would be matter for the market to decide which is the right price for those interested on enjoying those perks).
I would have personally invested in casino tokens if I had the chance and budget to do so around a year ago, and I don't even myself to be a big gambler, and still... It is all about especulation and the desires for profits, as always when we talk about trading .

As the market stands today, people are more focused in Bitcoin and memecoins than casino tokens.

They're like exchange tokens. They have their own business behind the token that was produced. But even if the casino is performing well, there can be instances that the tokens won't be perfectly good for them. Because the market of these tokens are separated from it but the connection is there when the demand increases that's being done by the casino itself for the benefits that they offer to their customers by just simply holding the token into their platforms.

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Quote from: Dr.Bitcoin_Strange on June 13, 2024, 12:32:17 PM

Quote from: shield132 on June 12, 2024, 07:15:42 AM

There is a new interesting token coming soon, called $MWIN by Metawin. I think it will be a serious opportunity and a successful token compared to other casino tokens that exist today. If I were you, I would keep an eye on $MWIN.

There's no doubt that most people (altcoin lovers) are already having their eye on the token. Since the last pump of a casino coin that is promoted here, most investor have also put their attention on casino coin because they don't know yet the next casino coin that will have a huge pump. Though we are not sure yet if metawin coin will be successful but I guess it may since it's a web3 casino.

They didn't succeed just because they are a web3 casino but rather for their performance which give good impression to people.

Also they do a lot of giveaways and lots of interesting action which make people feel excited about them. Then their last supported memecoin which is $ROCKY is been successful that's why its not surprising that $MWIN will be a huge success to.

For sure there's a lot of people tracking the latest updates on this token since a lot of their supporters like to acquire this and add it on their portfolios.

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Quote from: Fivestar4everMVP on May 15, 2024, 11:52:58 AM

Quote from: Mrbluntzy on May 14, 2024, 11:08:50 PM

Quote from: Fatunad on May 14, 2024, 03:59:05 PM

As we can see that on how many % they have increased at the bottom and of course the current price condition or correction that they
had made at the moment.

Those token come from a reputable casino and has the possibility to pump in this bull season or next season. If you are investing in the token, don't be expectant of sudden profit. Altcoins price is unpredictable and will not give you profit in every bull market. Invest just a small money that you can handle if lost.

So far, casinos tokens seems to me to be more risky when it comes to profit potentials, this is because it will take way more time for a casino token to bring back a tangible return on investment to the investors, most especially if the casino token is one that comes with no utility, it's important that we understand that staking and burning of tokens is not utility, even though they can help to increase the value of a tokens if done right, this is why personally, I usually refuse to invest in a casino token if the only thing I can do with it is either hold or stake it to earn more tokens.

You are correct @Fivestar4everMVP, casino tokens take a very long time before it can pump and become profitable and it can be said to have a low risk as you said but it will still be a bad investment if after holding the token for up to 6 or 8 years and yet no profit was generated. Such investments, the investor is not meant to put all their hope or all their asset only on that token to avoid spending a long years holding a shit token as an asset.

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