uneng
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October 02, 2022, 04:54:25 PM |
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Even during the bull market signature campaigns were already scarce, limited and restricted. Maybe recently the competition just got more fierce due to the weak market's conditions, but without any doubts that is a existing problem since a long time ago. Moreover it's a demand and supply issue like in any other niche of jobs' market. Each new day more people get aware about bitcoin and cryptocurrency, being lead to this forum, so they discover signature campaigns and want to join them for extra income, while at same time the supply of new campaigns don't grow on the same proportion, therefore there aren't spots for everyone.
In general, people are facing similar situations on every fields they try to look for a job. That is the proof of disorganized and irresponsible population growth impacting daily life. There are too many people in the world for few jobs' spots. The ones who are able to get those spots are fine, but for the rest there is only misery and pain.
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Jemzx00
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October 02, 2022, 05:02:26 PM |
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There can be some various reasons why some casinos did short campaign only such as: - Limited budget so they can do it for few weeks only
- Evaluation shows that the campaign is not effective for them, this reason can be because many other reasons
- Too much expectation from the owner to get quick effects from the campaign, it disappoint the owner so they decided to stop after 1-2 weeks
Coming up to the bear market, I do not think it affects directly because I think every casino knows how to allocate their funds. Most of the time projects and casinos often run for a few weeks is mainly because they've evaluated it as not effective which in fact could be correct especially signature campaigns are more effective on the long run. Other reason could also be that casinos and other projects hold or end their campaign as they are only trying to test things out. Another possible reason is that funds are much more needed on other sectors or department from which they cut off the budget for advertisements.
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YOSHIE
Legendary
Offline
Activity: 2282
Merit: 1785
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October 02, 2022, 05:11:00 PM |
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so the advantage of gambling sites is only in betting and marketing signature campaigns to attract forum members to bet and try their gambling websites. and bear markets have little effect on gambling sites.
I'm referring to sources I've read. Only with an improved marketing strategy, you will be able to achieve your online gambling business goals as envisioned. The future of any online gambling business largely depends on how to promote its business through its potential customers.
You need to run certain customer retention campaigns that help maintain your customer satisfaction, so that your online gambling site thrives and lasts a long time.
I am not referring to Software, Services, Casino Game Developers, Licenses as well as Payment Support, I speak as I know and as I have read. The bottom line: online gambling customers bet regardless of the value, does not affect the gambling site, loyal customers and the most surviving gambling sites, simple reason, money rotates every second, thus gambling sites can operate a little longer with above average money rounds, the target is achieved.
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samuraijin
Sr. Member
Offline
Activity: 1820
Merit: 261
Vave.com - Crypto Casino
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October 02, 2022, 05:32:10 PM |
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Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.
there are several cases where I've seen a project that also held a signature campaign event but stopped, usually they complain about the traffic getting from the signature campaign is not in line with the target that's why they switch to using other campaigns outside this forum in other ways, maybe that's what happened not only that we were in a bear market
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bocyaj
Sr. Member
Offline
Activity: 1336
Merit: 308
Get $2100 deposit bonuses & 60 FS
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October 02, 2022, 06:21:09 PM |
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Actually the campaign was very low for now and bear market is some how reason for the less campaign now.When the people think about the bounty campaign,only few are trusted and most of them are fake.They just using people for the fake work.After couple of months,they send the dummy token.Which is not at all the useful one.People only allow others to learn from the mistakes.But mistakes are not a accidental one,it’s also the real one for now.
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dothebeats
Legendary
Offline
Activity: 3766
Merit: 1354
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October 02, 2022, 07:15:30 PM |
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Perhaps it's the budget that they really wanted to allocate for advertising and nothing else. They launch, they want to get their platforms recognized, and when they think that the exposure is enough, they cut the signature campaign. There are tons of gambling platforms and other crypto services that has had their signature campaigns last for only a couple of weeks, but they are still thriving. Advertising your service is one thing, and maintaining it to stay competitive in this game is another. Or they assessed that signature campaigns here in the forum is not the way to go in advertising and there are other channels that they can use. Lots of reasons honestly, but I don't think the bear market has got something to do with it heavily, as this was always the case even during bull markets.
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Zackgeno96
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October 02, 2022, 07:34:16 PM |
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There have been more gambling sites that have run a very short campaign. There could be various reasons why they didn't go through. Still, I think it can do some damage to a site's image. Then it might be even more convenient not to run a campaign at all if you have such plans or if your budget is not sufficient. However, there are also campaigns that have been active for a long time. I'm active in the 1xbit campaign myself, and they've had their campaign on the forum for almost a year if I'm not mistaken. There are multiple sites that have long campaigns. Of course it costs a considerable budget.
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Bananington
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October 02, 2022, 08:51:24 PM |
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Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.
Not necessarily in all cases. Some of them have a list of marketing strategy already planned and try them out one by one to see the one with the most yielding result. So it may just be that the signature campaigns on their list of planned marketing strategy is not the most effective (Most effective meaning, it can be effective, but not the most effective), hence the need to suspend the campaigns and focus on the other methods giving the best results.
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Quidat
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October 02, 2022, 08:59:32 PM |
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Some time ago I saw a new gambling site appear with a signature campaign managed by the professional Manager like Hhampuz , Cryptobrainbross. Like campaign Fairspin, Bluechip (which I follow) both gambling sites didn't last long. Fairspin only runs for 2 weeks and Bluechip only runs for 1 week, and for several other signature campaigns it has also started to be held or ended.
Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.
With the end of several signature campaigns, the competition is getting tougher. As in the Trus Dice campaign, which was managed by Hhampuz, only a few hours after it was opened, many people applied. and for sure those who have the most merit in the last 120 have a chance to be accepted. while those of us who are only able to collect a few merits are sometimes always eliminated and do not get a place.
Some companies do test out to run some campaign as this was mostly been suggested by most people on this forum whenever there's a new gambling site around or do have their ANN threads which this would be the main recommendation when it comes to marketing which it wont really be that a bad idea considering that this place has a good crypto traffic.Some do allocate big and some wouldnt and just ran 1 week for some test up or a little bit more.As for qualifications then its on managers call on whom to accept and its just common sense that having huge merit number or count would always be having advantage compared to those who do have less.
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goaldigger
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October 02, 2022, 09:09:47 PM |
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Bear market has nothing to do with their marketing strategy, and I think the gambling itself has limit their budget for marketing and maybe the competition is very tough for signature campaign and that’s why they ended it early since the result is not good for them. The merit has been one of the requirement to qualify and we cannot blame this to the site or manager if we don’t have much merit, again if you want to participate with those signature campaign, try to earn more merit.
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blockman
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October 02, 2022, 09:16:20 PM |
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Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.
I don't think it's the bear market but the effect of the campaign itself. Those casinos are looking for fast effect that they want to evaluate just after running for weeks. But, that's not how it goes because campaigns should be run for a long term for them to see how effective it is. Because if it's just for a few weeks of run, there's barely effect on it and members will easily forget about them.
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Gozie51
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October 02, 2022, 09:50:57 PM |
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I think that a legendary member should know better in the issues about signature campaigns going off within the short time and beyond the expectations of promoters to stay longer. Most times new casinos try to find a way to bring their services to the forum even if they run for a week, they might have achieved a kind of awareness and they may decide to shut down the campaign and use other medium of publication. I think this is more related to individual gambling sites as for how long they want to run the campaign, how much it was beneficial to them and also the funds they have allocated for marketing.
Yes this is the simple fact about it. If they are starting up they may intentionally open a campaign for few weeks while they taste run the traffic generated via budget for the campaign and if they are not making satisfactory profit then they can go down. There are some that run for just a week and go off for like a month, I think Hhampuz managed such campaign in the past, blender.io. Also some test run and continue for a while like blackjack just to mention few. It is about choice, decision to budget and traffic that goes to the casino.
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Issa56
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October 02, 2022, 10:12:56 PM |
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But there are other gambling casino signature campaigns that are running for months and years, and they still continue even in the bear market. Also bear market should not have much impact on gambling activities as the price of bitcoin is not directly related to people gambling and betting. They will continue to gamble and bet anytime.
We all know the market is down I think this is really affecting the new gambling website, most of the signature campaigns that have been running even during the bear market are not new gambling site, they have been here for long time, even with the bear market they are able to maintain their signature campaign, but I think it's difficult for the new gambling site. Getting a signature campaign now is kind of competitive, but I know market will bounce back soon, actually nobody knows when it will be bounce back but am sure it will be soon and new gambling sites will be able to market here again.
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ene1980
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October 02, 2022, 10:44:06 PM |
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Some time ago I saw a new gambling site appear with a signature campaign managed by the professional Manager like Hhampuz , Cryptobrainbross. Like campaign Fairspin, Bluechip (which I follow) both gambling sites didn't last long. Fairspin only runs for 2 weeks and Bluechip only runs for 1 week, and for several other signature campaigns it has also started to be held or ended. When you said both gambling sites did not last long it has a different meaning altogether. When it comes to signature campaigns it is their choice whether they want to conduct a campaign or want to spend money any other way. many people applied. and for sure those who have the most merit in the last 120 have a chance to be accepted. while those of us who are only able to collect a few merits are sometimes always eliminated and do not get a place.
Campaign managers decide those stipulation, you can be active in Development & Technical Discussion and Bitcoin Technical Support if you are looking for merits .
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KennyR
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October 02, 2022, 11:29:49 PM |
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Every firm have an allocation for the promotion. At times they weren't able to stick to the plans based on the market and the revenue. In recent days I saw a gambling platform that had its signature campaign running for few weeks, but all of the sudden it announced its closure within few months. Later came to know about the reason as lack of revenue. I think the platform was dragoncoin or something like that.
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Hispo
Legendary
Offline
Activity: 1386
Merit: 2385
Leading Crypto Sports Betting & Casino Platform
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October 02, 2022, 11:31:14 PM |
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I personally believe that it would make sense if this bear market affects the finances of casinos, if they kept much of their funds in Bitcoin or other fluctuating cryptocurrency. Also, let us keep in mind that during these down markets people are trying to cover their realized and unrealized losses, leaving less room for gambling, the casinos know this hence their adjust their advertising budget and wait for a better season to continue with their campaigns.
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Tumanggor
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1xBit.. recovered their reputation
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October 02, 2022, 11:38:39 PM |
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Does this bear market affect the finances of the casino sites as well, so they have a low allocation for signature campaigns.
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Actually, there is no need to be surprised by gambling sites that carry out short campaigns, currently the competition in the crypto online gambling business is really big, many of which only have a small marketing budget. so I see that they only do campaigns with short durations btw, some time ago I saw several crypto gambling sites that closed their operations for reasonable reasons, intense competition makes gambling sites that are slow in marketing and also have poor service, have to lose in the competition
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AmoreJaz
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Leading Crypto Sports Betting & Casino Platform
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October 02, 2022, 11:39:08 PM |
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Every firm have an allocation for the promotion. At times they weren't able to stick to the plans based on the market and the revenue. In recent days I saw a gambling platform that had its signature campaign running for few weeks, but all of the sudden it announced its closure within few months. Later came to know about the reason as lack of revenue. I think the platform was dragoncoin or something like that.
casinos have their own reasons why they are stopping their campaigns for certain period of time. some are saying that they are not getting much traffic despite of the campaign, or there's no improvement with their revenue. so if a site is just a small one, they will stop it to avoid further losses in terms of their income. because paying the sig campaign is a negative income to their site. though we can say, the impact of campaign can't be seen in just couple of weeks of running it, but usually these casinos can't afford to have their losses much longer.
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Yogee
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October 02, 2022, 11:40:01 PM |
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.... Another possible reason is that funds are much more needed on other sectors or department from which they cut off the budget for advertisements.
It's possible but the I think the chances of this happening is quite slim. They could cut their campaign here but I doubt they would really cut the funds for ads. Maybe they just chose to reallocate the money to other platforms or promotions that generates more leads.
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nurilham
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October 02, 2022, 11:45:04 PM |
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A signature campaign in this forum is only one of their ways to promote their gambling platfomr. If they feel that it is enough, they may stop it, not know for only a while or forever. However, at least, they have introduced their platform tot he members here. In promotion, there are also some consideration whether their adv is successful or not. They have certain data that show how many visitors or new users coming because they know the adv from this forum. And also have the data from other promotion sites or ways. That is why they make certain decisions. Related tot his current bear market, this may give impact, but as long as they are still operating and doing well, I ma not sure that this s the main reason.
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