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Author Topic: What are your expectations for Casino coins in this coming bull run?  (Read 1758 times)
Odusko
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April 12, 2024, 11:23:37 PM
 #41

It’s a good thing that you have invested in other types of coins too. There’s an effect for all cryptocurrencies when Bitcoin pumps, but I am not sure if they’ll be a huge impact on casino coins.

If I were to invest, I’d choose Rollbit. I’m not sure why but I feel it’s the better one to invest in (even though I know that you have to check them out properly first).
Casino coins may perform well at anytime and not only during the bull market since that could be missed out and even if not totally missed out, we may see just a low impact of the bull market on some of them this is because most of the casino's coins were not originally developed to act as an investment, rather to provide lequditiy for there casino.

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April 12, 2024, 11:27:23 PM
 #42

It’s a good thing that you have invested in other types of coins too. There’s an effect for all cryptocurrencies when Bitcoin pumps, but I am not sure if they’ll be a huge impact on casino coins.

If I were to invest, I’d choose Rollbit. I’m not sure why but I feel it’s the better one to invest in (even though I know that you have to check them out properly first).
Casino coins may perform well at anytime and not only during the bull market since that could be missed out and even if not totally missed out, we may see just a low impact of the bull market on some of them this is because most of the casino's coins were not originally developed to act as an investment, rather to provide lequditiy for there casino.

Yes, which is why I think there really won’t be so much impact. Because people who really buy casino coins aren’t likely doing it to invest and get richer, I believe it’s because they want to use the coin on the casino’s website. And I have neither heard of casino coins trending.



 

 

 

 

 

 


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April 13, 2024, 03:45:33 AM
 #43

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.
If I'm going to answer the 3 questions given by the OP, my answer will be the same as yours. We are already in the bull run now and BTC is the main gainer for it but other coins can also get their share of it. It was only unfortunate that casino tokens are not included on it. This is why the public don't have an interest on them anymore. Despite having a utility, shitcoins and meme tokens are still better than them because they can pump huge even if they are only short-lived.

Quote
The price of a casino token is closely related to the performance of the casino in the gambling industry
If only this was true, then it's much better but no it isn't. The gambling industry is booming but it's crazy to think that their tokens are left behind. After all, casino tokens are like the common crypto, so supply and demand does truly matters at them.

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April 13, 2024, 05:35:40 AM
 #44

1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?

I think quite similar to davis196.

1. None.

2. If new casino tokens are released, I would expect to see a rise due to the novelty, but I would not put much hope in it in the long term. If casinos release them, it is because they are profitable for them, not necessarily because they are profitable for customers. The only sense I see in acquiring it is for the advantages it gives in the casino, but even so, with the destruction of value in the long term I think they are not worth it.

3. The long term trend for those crappy tokens will be to go down, but with the bull market they may have some upside moments.

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April 13, 2024, 06:09:03 AM
 #45

Nothing really, I don't see them going up even during this current pump in bitcoin prices so I'm not really excited what they're going to do next, most of them aren't really worth investing into anyway, in my opinion, they're most likely the kind that's only going to benefit the people that are giving it out or selling them, no way a hodler like me would ever make a profit from them. I also haven't heard of these casino coins in a long time, they were a big deal back in 2020 I think but then their hype quickly fizzled out as people didn't find any kind of benefit from it. Me and you are better off investing in memecoins as they're more likely to pump and give you profit compared to these casino coins. Only time I'd see this going up is when there's really some utility behind these tokens besides being just a substitute crypto to use in their casino.



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April 13, 2024, 06:40:33 AM
 #46

1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?
I have invested in one of the casino tokens that you mentioned, Fun Token a few years ago and is still storing it now and honestly just because I am interested in the bonus obtained as the holder of the casino token, unfortunately for the price it is very disappointing because the price continues to fall, but still luckily not to buy it when the beginning of this token was taken over by the casino.

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..
I am not sure about that, but the three mentioned so far RLB still looks good movement while the other two can be said to be disappointing, because its development is not in line with the development of the casino from the token.

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?
Casino tokens are not very good movement than meme coins, because the trading volume is very low, and maybe because the casino is more focused on developing their casinos than developing their token and the development of the casino tokens will only be good if the trade volume is high.

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April 13, 2024, 06:52:32 AM
 #47

IMHO, there's not that much difference of investing in exchange tokens and casino tokens. But if it's about the main difference, it's about the volume that these two categories are getting.

While most of the exchange tokens have got a lot of volume daily. The one with the casino coins depends on how successful they are with their business.

As for the exchange tokens, they can also be adopted and listed by other exchanges but with this casino coins, they just can't because this means a lot to competition.

I've known FUN token and it's good to see that it's doing just fine.

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April 13, 2024, 09:24:50 AM
 #48

Hi ladies and guys of the gambling board..

I believe by now, we all should already know that the bull run is fast approaching, and like it's often said, "Do not put all your eggs in one basket", I've invested in different coins from different narratives like Defi, Ai, Rwa, Gamefi and so on and on, but one narrative I've not put any money in Is gamblefi, or simply put, casino tokens, that is a token or coin owned by a casino, and this is not becuase I don't know any, I know quite some, and in all that know, I think two or three stand out, and those are..

1. RLB - from Rollbit
2. FUN - from freebitco
3. BFG - from Betfury

Investing in casino tokens I would say comes with rather a high level of risk, why? Because to me, they arent well known, they don't seem to make waves like coins or tokens from other narratives, and the chances they may remain stagnated and the same price even during the bull run; is quite high.

So, I am brining this dicussion to the gambling community here, and I have just three questions to ask, and they are..

1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?

I'm with BFG, because before I experienced playing at Betfury Casino, he was still pretty good at playing when it was new in the crypto space. Because back then, as long as your account had a balance of at least a few BFG, a staking balance in BTC, ETH, Tron, and USDT would come in every day.

By that time, I had a balance of 10,000 BFG, and the free faucets I received from USDT, Eth, BTC, and Trx were good. I hope they return it. But it looks like it's unclear. Even so, I think there will still be a rally there at BFG, but this is just my opinion.



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April 13, 2024, 09:29:33 AM
 #49

-snip-

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?

According to my experience, even the shittiest altcoins can experience a increase in price in the bull run after the halving event.

I don't mean that these casino tokens mentioned in the OP are good or bad, because I haven't done my own research about them yet; more that, if most coins usually follow the general trend of prices, there is no reason to think that these tokens you mentioned would perform differently.

Not to say that the cycle could stop repeating at any time. And, in that case, it is reasonable to think that Bitcoin would resist falling better than any other coins.

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April 13, 2024, 10:52:53 AM
 #50

The question is, should we expect casino tokens to perform just like normal cryptocurrencies? I don't think so, because for a cryptocurrency to gain value, it needs to be in demand and have a lot of people interested in buying or trading it, and if there isn't enough demand, its price will most probably stay stagnant most of the time.

For casino tokens, it's only the customers who gamble on that platform who might be interested in the token, and among those gamblers, only a few would head to an exchange, and buy the tokens to get profit because if they aren't volatile enough, they aren't going to provide much profit, and people trade cryptocurrencies so that they can get profit.

They may gain some value during the bull run, but we shouldn't expect a lot from them, in my opinion.

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April 13, 2024, 11:12:53 AM
 #51

The question is, should we expect casino tokens to perform just like normal cryptocurrencies? I don't think so, because for a cryptocurrency to gain value, it needs to be in demand and have a lot of people interested in buying or trading it, and if there isn't enough demand, its price will most probably stay stagnant most of the time.

For casino tokens, it's only the customers who gamble on that platform who might be interested in the token, and among those gamblers, only a few would head to an exchange, and buy the tokens to get profit because if they aren't volatile enough, they aren't going to provide much profit, and people trade cryptocurrencies so that they can get profit.

They may gain some value during the bull run, but we shouldn't expect a lot from them, in my opinion.
Yes, the increase in the price of tokens or cryptocurrencies is generally influenced by demand which can increase the price.
Meanwhile, casino tokens are only owned by customers if the customer wants to own them. So in terms of demand for casino tokens, it is only limited and only for those who are involved in casinos. And even though there has been an increase, it is certain that there will not be a significant increase in casino tokens, because the demand for them is not as big as other tokens or cryptocurrencies out there.

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April 13, 2024, 11:39:08 AM
 #52

IMHO, there's not that much difference of investing in exchange tokens and casino tokens. But if it's about the main difference, it's about the volume that these two categories are getting.
and about out trust in the coins either exchange token or gambling token  because it is
their long running is what important here , as we are mostly  for long term and not in instant profiting.

Quote
While most of the exchange tokens have got a lot of volume daily. The one with the casino coins depends on how successful they are with their business.
while freebitco.in and Rollbit.com is truly successful yet their tokens does not
gaining that much popularity .

Quote
As for the exchange tokens, they can also be adopted and listed by other exchanges but with this casino coins, they just can't because this means a lot to competition.
competition is normal if they wanted to gain popularity and investors so either face
it or remain low gainer.

Quote
I've known FUN token and it's good to see that it's doing just fine.
Have not invested in any of those,maybe I find no interest at all.

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April 13, 2024, 12:13:12 PM
 #53

Yes, the increase in the price of tokens or cryptocurrencies is generally influenced by demand which can increase the price.
Meanwhile, casino tokens are only owned by customers if the customer wants to own them. So in terms of demand for casino tokens, it is only limited and only for those who are involved in casinos.

Casino usually now airdrop the tokens in exchange for players in the casino. So it’s not about the wants to own them but they receive it as a reward when they play in the casino unlike other casino tokens that launch before which undergo to a crowdfunding just to have a liquidity on their token.

Quote
And even though there has been an increase, it is certain that there will not be a significant increase in casino tokens, because the demand for them is not as big as other tokens or cryptocurrencies out there.

This is so true interpretation. Not only about low demand but casino usually use the casino tokens as reward token which means this token often dump by holders or considered as disposable asset once received. Besides there’s no exclusive utility from this token aside from staking which all of the tokens offered with better APR.

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April 13, 2024, 12:42:00 PM
 #54

Yes, the increase in the price of tokens or cryptocurrencies is generally influenced by demand which can increase the price.
Meanwhile, casino tokens are only owned by customers if the customer wants to own them. So in terms of demand for casino tokens, it is only limited and only for those who are involved in casinos.

Casino usually now airdrop the tokens in exchange for players in the casino. So it’s not about the wants to own them but they receive it as a reward when they play in the casino unlike other casino tokens that launch before which undergo to a crowdfunding just to have a liquidity on their token.


I don't find it amazing for those casino which conduct a crowdfund just to have liquidity on their token since its like they want to get profit from people and they just provide low quality exchange where it listed also low liquidity in return. Also what I don't like the most is they leave their token without trying to fulfill their community want and let the price stabilize at the bottom then they will not say anything about its development.

Now that some casino are into play to airdrop then I guess they are confident that they can support their token so provably that in this set up maybe that we can see more better performance for those casino who release a token in this method than those casino asked some funds on their community.

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April 13, 2024, 01:17:38 PM
 #55

No any expectations. It is the same tokens like the others, without any difference. It will pump and dump like other tokens, so you can buy it and wait x2-x3 i think after an year or about i think. But the same time you can search some other coins-tokens - some of them are down today and the others hadn`t been pumped yet. It may be more interesting.

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April 13, 2024, 01:36:03 PM
 #56

You know, I think the overall mood around crypto and how many people use casino coins could really move prices up a lot if things get crazy again.  Plus if the actual casino with the token gets super popular, boom - token goes up too probably.  But don't just look at the gambling, find some casino tokens trying to do other stuff too with the coin and  that'll get more investors I bet.

R


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April 13, 2024, 02:16:28 PM
 #57

1. Amongst the three casino tokens I mentioned above, if you were to invest in one, which would it be?
I will choose two among the three tokens from the casino. RLB and FUN. In my opinion, these two tokens have more potential and of the two tokens, RLB has better potential.

2. Are there any new casino tokens you think will do well in this coming bull run? Please tell the community and briefly introduce the project to us..
I don't know because I rarely search for tokens from casinos so I can't say if there are any or not. I only have two tokens (RLB and FUN), although they are not many.

3. Overall, how are you expecting casino tokens to perform generally, in this coming bull run.?
Not much I expected. In general, when bullishness comes and the price of casino tokens increases, at least it can last for a while, don't immediately return to the decline.

R


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April 13, 2024, 02:22:21 PM
 #58

After my worst experience on Owl token, I dumped all my casino-based tokens Rollbit and BFG thinking that these casino based would follow Owl token path, but I'm surprised that both BFG and Rollbit are still performing well in the market and will continue to perform well as both their platform are still fully supported by the gambling community.
I don't know if there are more coming in but we are in the meme coins so it's unlikely but it will be welcome if there's a new one coming.

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April 14, 2024, 06:40:06 AM
 #59

After my worst experience on Owl token, I dumped all my casino-based tokens Rollbit and BFG thinking that these casino based would follow Owl token path, but I'm surprised that both BFG and Rollbit are still performing well in the market and will continue to perform well as both their platform are still fully supported by the gambling community.
I don't know if there are more coming in but we are in the meme coins so it's unlikely but it will be welcome if there's a new one coming.
Owl became a scam? I wasn`t in it but remember talks about it. I told that it is like the others and can`t pump, when cryptocurrencies go down, but there were several members who cried that Owl is the best investment in their lives.
Like the others tokens/coins - if the project serious - the token can pump, if the project about nothing - the same token will be.

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April 14, 2024, 08:16:53 AM
 #60

I do have high expectations for the RollBit token, I believe that this token will reach a new all-time high someday, but still, I will advise everyone to invest only what they can afford to lose.

The best time to have buy RLB was when it bottomed and no one was talking about this token at the time, until it made a new ATH, now the future returns won't be as huge as if you've bought at the bottom.

This is why it is good to always get into an asset before anyone is talking about it, when people are already talking about it, this means that it is already souring high and that might even be the best time to start taking your profits.

RLB token is the best casino token on my list, but still, invest only what you can afford to lose only.

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