Topic: What are your expectations for Casino coins in this coming bull run? - page 9. (Read 1609 times)

I have always said that people need to be very careful with casino tokens because there is a lot of competition in this casino market and all casinos are offering the same things, the difference is in terms of reputation, reliability and good support service. So having a casino that offers a token, that casino token will not be rising much and giving a lot of profit to its holders for many reasons, there are many limitations in a casino token. the owners of casino tokens will not list the tokens on the major exchanges, as a result the token will not gain much exposure, with many casinos on the market the competition becomes very strong, causing each casino to have few customers, a casino that owns token when you don't have many customers, it means that there will be few people wanting to use the token and consequently the price of the token will remain stagnant or fall constantly


the point should be: will we see any casino tokens doing great things to the point of having a very high price, something like more than 5$ per token? The 3 tokens you mentioned are below 0.25$ and are falling, so this means that even if many years pass, these tokens will not reach high prices, such as above 5$. As the years go by, more cainos will appear on the market and fewer customers these token casinos will have, as a consequence the price of their token will fall. but some people are very confident that they will make 10x profits with casino tokens


I see them falling and falling. I honestly don't see why casino tokens would rise in the bitcoin or altcoin bull market in general. people will not stop buying altcoins like bnb or eth to buy BFG or FUN. There are many altcoins that are better than casino tokens. In my opinion, casinos should focus on the casino and not on creating tokens that they know won't even list on the big exchanges one day.

I have never invested in casino coins so I don't know in previous bullish times have there been many casino coins going bullish? As far as I know during the bull run last year if I'm not mistaken RLB did but I didn't pay much attention to the details.

I don't feel right investing in casino coins, there is no higher expectation and most casino coins are not in the big exchanges so it will be very difficult to be pumped in bullish times, unless they believe in the coin but I'm not sure.

Let me first say that the bull run being expected by us all is not automatic. What if the market surprises us and does otherwise? We should be extremely careful and let our trading charts guide us.

However, I am not just familiar with the casinos' tokens and among the three stated ones above, the FUN rings so much a bell in my head a little. Nevertheless, we have to be careful here, as tokens like this will have two driving forces which will always be attributed to the; 1. The performance of the casino and 2. The overall FOMO brought to the crypto space by the expected bull run. If the bull run did not happen as expected and the whole crypto market turned bearish, the casino token would follow suit as well.

Above all, let us hope for the best, but be sure that the token you bought has a place you can check, analyse and monitor its chart for effective guidance.

It is likely to affect all coins, in general the altcoins season can be very unpredictable and it turns out pumping the price of very random coins, some coins I have seen pumping in bull runs did not even have much of a purpose really, all it is a matter of having liquidity and people willing to gamble their money in coins they do not even understand.
Since the casino tokens are utility tokens, then they have an implied value (it is an advantage they have against memecoins, of course). So I expect this season in the market to benefit casino tokens.
It is very interesting how you indirectly associate the possible gains in the market by some people to end up in casinos because of direct gambling by traders or because value relocation by them as well.

You know, one of the fears I have about these utility tokens in general is how they could be classified in the future as unregistered stocks by some regulators and force exchanges to limit the listing of them for the public.

I never invested in casino tokens yet and I most likely never will in the future too because there are far better alternatives out there like memecoins etc which are extremely volatile and whose risk to reward ratio is far, far better.

I haven't heard of a single investor becoming rich because of casino tokens, but I have heard of many investors becoming rich overnight thanks to memecoins like Pepe, Doge etc.

I was hyped with investing on casino tokens in the past but I never experience to be profitable according to my expectation.

These casino coins mentioned by OP are owned by popular casinos but I'm not sure how popular they are in the entire crypto market.
Although I am not underestimating its potential in the future but honestly I don't find it apealing now, I'd rather choose an investment that is on trend now, and I don't see casino coins/tokens are currently on trend. I'm just curious, do you know a casino tokens that had already made investors profitable, something that had already given like x100 profit. You know there are other coins/tokens like that but personally i haven't seen a token of a casino that pump like that.

I think that casinos will benefit from the run as some people who own crypto will have what they shall perceive as more cash in hand which psychologically calls for more budget to betting. It is thus possible that they buy more casino coins for the benefits and perks associated to this on the platforms. However, there is always a chance of generalised dump, but I think that would affect all coins.

1. If I were to invest in one, I would invest in Rollbit because it has the best performing token at the moment and they are also active on this forum, so if anything bad happens, I know that I can have the hope that problem will be solved and bitcointalk community will help me. That's a huge bonus and motivational factor for me.

2. There are some casino tokens that sometimes pump, for example WINkLink token. This token had a very huge pump in last bull market and there might be some coins that will have a good pump in this bull market but investment in such coins is very risky because pump is not guaranteed and history shows that 99% of casino tokens fail long-term.

3. I wouldn't invest in casino tokens for the sake of investment. I would only invest in them to get exciting bonuses and some other benefits on their casino. For investment purposes I would definitely invest in coins like BTC, BNB, Matic, Eth, XMR, Solana and others.

I think RLB is going to be my choice. While FUN also has a good volume and market cap and its chart doesn't show that much, if I'll accumulate I might include it as well.

And for BFG, I don't think I'll get into it. I've got concerns with its liquidity unlike the two.

I don't have but the thought of every possible altcoin might pump this bull run.

Well, I am not distinguishing them as different with the others so in general, they might pump this bull run.

Of course, marketing is a very important component for a casino coin; this affects its popularization and recognition. This is all important because there are a lot of coins on the market and the buyer needs to pay attention to this one among many other coins.

Personally, it is important for me that the coin has functionality and is very useful, for example, reducing commissions, accruing bonuses in the casino, providing free spins or winners, perhaps even discounts on the purchase of merchandise from the casino. These are the first things that came to my mind, if you really think about it, you can also come up with various utilities for a casino token. I do not hold tokens from any casino, but if I have a desire to study this topic more deeply, I do not rule out the possibility that I could buy them and, if necessary, for a significant amount.

I've always been bullish on the casino token I'm holding which is BFG its the only casino token I'm holding and if there are new casino tokens that will come out with the same features and dedication as the BFG token then I will check it and add it to my portfolio.

When it comes to casino tokens the reputation and popularity of the platform are the most important BFG is performing well in the market because they have a good reputation and are supported by the gambling community.

Right now there are only 3 popular casino-based tokens in the market because it's not easy to maintain the platform  and promote the token in the gambling community.

Since after Bitcoin reached a new ATH all other good and bad altcoins followed the pump I believe that casino tokens are not out of the picture either, the fall of Bitcoin dominance is the beginning of the real altcoin bull market.

1. I did have some RLB tokens and its very small in value which I intend to hold till probably next year but I am not planning on adding another casino token anymore, I believe they are too risky.

2. I don't see any new casino tokens thats as good as Rollbit's very own token for now, even if there is any new one I doubt that I will want to invest, there are just so many new altcoins that I haven't purchased yet, the types that have better utilities than casino tokens.

3. All good coins and shit coins pumps in every bull market, so it doesn't matter which one you are holding, unless its a rug pull.

1.I wouldn't invest in any casino tokens.

2.No.

3.I don't have big expectations about the performance of the casino tokens.

The upcoming bull run is about Bitcoin, not about shitcoins or tokens. I agree that some altcoins might follow BTC and hit the moon, but casino tokens definitely don't belong in this group. The price of a casino token is closely related to the performance of the casino in the gambling industry. If more gamblers are spending money on Betfury and Rollbit, their tokens will grow in price. This doesn't have anything to do with the supply and demand of those tokens on the crypto markets.

If you want to determine which coins will do well in the casino industry, then you have to visit all of them and then note which of them are used at the most of these casinos.

The success of these coins are in the "use case" that are created as an incentive to use it. I only know about two casinos that are using the FUN token, so it will not be in high demand... like we see with Bitcoin that are used at almost all these casinos.

I will merit a thread with a summary of loads of casinos and what tokens they accept, so that we can see how these coins are used out there. DM me if you did the research and if you created such a resource. 

The choice is pretty obvious to me. I am not really a fan of casino coins but if I had to get one of them I would get FUN. Freebitco.in is very active on this forum and they do promos all the time. You can go to their website and make money only from the free stuff they throw at you. Tbh I don’t know any other casino that gives so much free stuff as freebitco.in. There is probably none. If I wanted to support a casino that casino would be my choice.

Just-dice.com uses CLAM, you forgot to mention it or maybe you didn’t know about it. Maybe you should look into it too.

https://coinmarketcap.com/currencies/clams/

If the casinos find btc expensive to make transactions, I’d rather prefer casinos to use well established alts like litecoin and doge instead of coming up with a new shitcoin. So I wouldn’t invest big money in any of those casino coins. I don’t think they have a bright future.

I am considering RLB but due to the recent event where some users are having a hard time withdrawing their funds and accusing the casino of scamming them and the situation where Ayezee shifted to another casino to promote makes me hesitant.


Honestly, I think Metawin's token has potential since they are just starting to implement their utility token.


I expect them to get more attention since we all know, that when the cryptocurrency market becomes bullish, almost every cryptocurrency market tends to uptrend.  I believe how much they get into the hype is dependent on how these casinos take advantage of the upcoming bull run and how their marketing team is able to capitalize on their unique services.

Only Rollbit that survive from the dump, actually I'm surprised why they can be strong among other gambling tokens that mostly become shitcoins.

FUN isn't created by Freebitco.in, both of them are just a partnership. You can FUN token on Dplay, Xfun.bet and Xfun arcade.

Betfury is going to be gone, I didn't see their ANN thread in the top pages anymore, probably they were too generous to give free boxes, now they're struggle since they didn't make much than the cost they spent.

If someone want to gamble, probably they could buy JACK by blackjack.fun because it's still not listed on CEX.

Overall I do not think casino tokens will do too well during the upcoming bull run, as even if one or two could do so, the rest will fail to live up to the hype, and if that is the case I would prefer to use my time in a different way and invest in different coins, something you are already doing.

With that being said, a small investment in those coins would still be acceptable, just make sure to keep it on the low side, that way even if you were to fail to pick the right coin, the damage to your portfolio will be minimal.

I don't know how much to expect, most of them are tied to the growth of the casino after all, so I think that if the price of many crypto during the bull run would lead to more people that would gamble more money thus making those casinos with tokens to go up in value then it's probably a possibility that we would see those coins going up too. I'm not particularly keen on the know-hows of casino coins so I'm not really sure what we can expect, I guess if you do believe that those coins have a chance to go up in price then by all means do what you want just remember that you should only invest what you can afford to lose, you can risk your money but you don't have to lose all of your money doing so.

These tokens don’t have any use case but they can provide a passive income if the casino decides to incentivize users for keeping their tokens locked up in their casino. If you acquired them at a low cost, the extra rewards might be worth it. Generally, gambling tokens tend to perform badly compared to the broader market, so as a standalone investment without extra rewards, they shouldn’t even be considered.

It’s been over 3 years and I am still trying to recover my losses from investing in FUN. I dumped my BFG tokens, which I got from their Bitcointalk bounty campaign, the first day they were listed on Biswap and I do not regret it. The launch is usually when they are at their highest price.