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Author Topic: What are your expectations for Casino coins in this coming bull run?  (Read 3129 times)
CryptoHeadlineNews
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June 28, 2024, 04:51:27 PM
 #361

casino tokens can be won by means of staked, playing. But what most people forget or ignore is the fact that casino is not a place for people to make money, casino is a place for people to have fun. So when a person takes $100, gambles and loses everything, but wins $5 in tokens, is that person winning?
Let's not forget that people don't go to a casino for the main aim of getting the casino coin, but rather people go to the casino simply because they wants to gamble for fun or try their luck while betting on a particular sport of their desires, as the casino coin is always an added advantage to gamblers, just like free spins, which is still better than those casinos who don't offer anything when a gambler plays and loses his bet. However, though casino coins may seems like an extra income to gamblers but it's always of more benefits to the casinos who created it, as they has the ability to manipulate it's price value at all times.

However, I received an airdrop token from a friend of mine who is also into crypto, and I was surprised the linked he sent was Betfury token airdrop as shown below, which could be mined and staked on telegram. And I'm still making more research about this, and just thought I should share it here since this is a discussion thread for crypto tokens.


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iv4n
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June 28, 2024, 05:25:55 PM
 #362

It's an interesting feature, and I like it when I can mine casino tokens. For me, it enhances the gaming experience and makes it even more interesting.


Would you care to explain to us how mining is supposed to work when comes to casino tokens? Because, I don't think I have encountered that feature yet in these gambling assets.
Are you supposed to mine from your computer and use a special software for it (like when you mine Bitcoin or Ethereum) or is it rather like... logging on your account and from there you sell the processing power of your computer to the casino in exchange of tokens?
The second option is easily doable, actually, I call I did something similar to it when I was into a memecoin called "banano" and one could sell PC power in exchange of a small quantity of banano. It was like a faucet, but faster, depending ont eh characteristics of the PC and the conditions one could keep it running on.

We simply play and while we wager we mine tokens. The casino state how much we need to wager for 1 token, let's say $1 just for example, and when you wager $1 you get 1 token, so $100 wagered get you 100 tokens. There are always levels, so the mining price is higher after some time.

Betfury changed that system, we still get tokens depending on how much we wager, but we get tokens from cashbacks, rackbacks, and other bonuses.

HunnyPlay, StarPlay, Weiss, and some other casinos have their tokens and you can earn/mine them simply by playing and wagering. Good luck.

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Hamphser
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June 28, 2024, 08:08:54 PM
 #363

It's an interesting feature, and I like it when I can mine casino tokens. For me, it enhances the gaming experience and makes it even more interesting.


Would you care to explain to us how mining is supposed to work when comes to casino tokens? Because, I don't think I have encountered that feature yet in these gambling assets.
Are you supposed to mine from your computer and use a special software for it (like when you mine Bitcoin or Ethereum) or is it rather like... logging on your account and from there you sell the processing power of your computer to the casino in exchange of tokens?
The second option is easily doable, actually, I call I did something similar to it when I was into a memecoin called "banano" and one could sell PC power in exchange of a small quantity of banano. It was like a faucet, but faster, depending ont eh characteristics of the PC and the conditions one could keep it running on.

We simply play and while we wager we mine tokens. The casino state how much we need to wager for 1 token, let's say $1 just for example, and when you wager $1 you get 1 token, so $100 wagered get you 100 tokens. There are always levels, so the mining price is higher after some time.

Betfury changed that system, we still get tokens depending on how much we wager, but we get tokens from cashbacks, rackbacks, and other bonuses.

HunnyPlay, StarPlay, Weiss, and some other casinos have their tokens and you can earn/mine them simply by playing and wagering. Good luck.
Also one of the reasons on why its price would really be that going down into the floor or something that cant just easily fly because it is really that something that you could mine or obtain
via wagering on which it would really be that pertaining to be some free money for a gambler that made out those wagers on which it would really be that understandable that they would
really be tending to make out those conversions on the moment that they had accumulated enough on which this is really that something that you will really be needing to look upon
if you would really be gonna tending to hold up casino-based tokens on which investors will really be that not easily be trying out to hold into something which could be mine
and could be dumped later on.

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batang_bitcoin
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July 01, 2024, 11:18:47 PM
 #364

That's true that many of them don't fall dramatically or if they do, they're going to fall lower but not all of a sudden. They're also following the market trends but their movement is solely based to their loyal customers that uses the token for its utility on their platform and that's why with your observation about them, they are not the same the other altcoins that falls a lot when something happens to the market. The utility is maximized with the help of their customers.
Yeah, that's exactly how it is. 
Game tokens, thanks to the support of players and their real utilitarian purpose for specific tasks defined by the casino, have their own characteristics of circulation in the market environment.  It is the usefulness of the token for players that prevents it from being completely lost.  But since the size of the audience of casino clients has been approximately at the same level for quite a long time, accordingly, the demand for the gaming token of a given casino is further stabilized.  And this, in turn, stabilizes within certain limits the market value of such a token. 

So, indeed, the class of gaming tokens can be distinguished into a separate specific class among all the numerous altcoins
That's why some of them are really good when its own community uses it for that utilization and purpose of it. While there have been many attempts to make it look like as if they're in good terms based on the number of the users they have. But some aren't that welcoming at all to this kind of development but as expected for the bull run comes, they're very utilized and they keep up with the demand.

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July 02, 2024, 08:07:57 AM
 #365

That's true that many of them don't fall dramatically or if they do, they're going to fall lower but not all of a sudden. They're also following the market trends but their movement is solely based to their loyal customers that uses the token for its utility on their platform and that's why with your observation about them, they are not the same the other altcoins that falls a lot when something happens to the market. The utility is maximized with the help of their customers.
Yeah, that's exactly how it is. 
Game tokens, thanks to the support of players and their real utilitarian purpose for specific tasks defined by the casino, have their own characteristics of circulation in the market environment.  It is the usefulness of the token for players that prevents it from being completely lost.  But since the size of the audience of casino clients has been approximately at the same level for quite a long time, accordingly, the demand for the gaming token of a given casino is further stabilized.  And this, in turn, stabilizes within certain limits the market value of such a token. 

So, indeed, the class of gaming tokens can be distinguished into a separate specific class among all the numerous altcoins
That's why some of them are really good when its own community uses it for that utilization and purpose of it. While there have been many attempts to make it look like as if they're in good terms based on the number of the users they have. But some aren't that welcoming at all to this kind of development but as expected for the bull run comes, they're very utilized and they keep up with the demand.
Here I think quite important is the balance in maintaining this casino of the entire community of this casino and the fact that the number of regular players does not decrease significantly.  And even if it decreases, it is quite slowly.  In addition, of course, the influx of new players is important.  If the casino can ensure a balance in the number of players, then approximately the proportion of them who use the token remains fairly stable.  And this has a positive impact on the tokenomics processes of a given game token.  This will be able to stabilize the rate of such a token to a certain extent.  And in general, it will have good prospects and some protection against depreciation.

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