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Author Topic: What are your expectations for Casino coins in this coming bull run?  (Read 2675 times)
Lanatsa
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June 15, 2024, 04:47:35 PM
 #301

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.

R


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June 15, 2024, 06:45:47 PM
 #302

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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June 16, 2024, 12:41:06 PM
 #303

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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June 16, 2024, 02:40:47 PM
 #304

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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June 17, 2024, 08:30:22 AM
 #305

~
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.

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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June 17, 2024, 10:08:03 AM
 #306

~
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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June 17, 2024, 08:42:59 PM
 #307

~
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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June 17, 2024, 09:25:07 PM
 #308

-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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June 17, 2024, 09:27:44 PM
 #309

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.
First we need to settle down to understand the nature and characteristics of altcoins and what project that support or produce them, casinos are out for business and regardless of what the nature and conditions of the market we have to pay close attention to which team is behind those coins and how best their utilised the features embedded in those projects coins, with that understanding we can then come to categorise them whether to rate those coins like other altcoins in the market or to classify them into different categories.


But as far as investing in coins is concerned, we have to take all the altcoins as gamble since we can't predict what the outcome of the market could be unless we take chances on the periodic occurrence in the market.

R


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Mr.right85
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June 17, 2024, 10:16:55 PM
 #310

-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.
It would all play a part into the kind of market they draw to the tokens. The gambling field is a very large one and Casino gambling especially in the cryptocurrency gambling space forms a large part of that, which makes it a very thriving industry, especially when it’s handled with good management and a proper publicity team.
One thing to note though is the fact that, it’s a highly competitive space, with many customers to go round though, you still find Casinos in some unhealthy competition, always trying to crush the other and this in a way results in not having practical use cases for its token outside the Casino. It serves more like a chip but, should we have an integrated network of Casinos where they are encouraged to value these tokens, we could see them do even better than they are today.

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June 18, 2024, 08:07:22 PM
 #311

-snip-
It would all play a part into the kind of market they draw to the tokens. The gambling field is a very large one and Casino gambling especially in the cryptocurrency gambling space forms a large part of that, which makes it a very thriving industry, especially when it’s handled with good management and a proper publicity team.
One thing to note though is the fact that, it’s a highly competitive space, with many customers to go round though, you still find Casinos in some unhealthy competition, always trying to crush the other and this in a way results in not having practical use cases for its token outside the Casino. It serves more like a chip but, should we have an integrated network of Casinos where they are encouraged to value these tokens, we could see them do even better than they are today.
Oh of course – the gambling industry is a very competitive one. There are billions of dollars flowing into this industry every year [don't ask me for the exact value] so development is ongoing. Even crypto-based gambling has grown rapidly over the years – even without having its own tokens, they can still do well.

Crypto casinos have also encouraged the use of many popular altcoin so far rather than bitcoin or the token itself. The demand for altcoin like LTC, BNB, Doge, Tron or some others increases when bitcoin transaction fees seem expensive. But having its own casino token would provide many advantages for developers - but I think its future is very uncertain.

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June 18, 2024, 08:20:39 PM
 #312

-snip-
It would all play a part into the kind of market they draw to the tokens. The gambling field is a very large one and Casino gambling especially in the cryptocurrency gambling space forms a large part of that, which makes it a very thriving industry, especially when it’s handled with good management and a proper publicity team.
One thing to note though is the fact that, it’s a highly competitive space, with many customers to go round though, you still find Casinos in some unhealthy competition, always trying to crush the other and this in a way results in not having practical use cases for its token outside the Casino. It serves more like a chip but, should we have an integrated network of Casinos where they are encouraged to value these tokens, we could see them do even better than they are today.
Oh of course – the gambling industry is a very competitive one. There are billions of dollars flowing into this industry every year [don't ask me for the exact value] so development is ongoing. Even crypto-based gambling has grown rapidly over the years – even without having its own tokens, they can still do well.

Crypto casinos have also encouraged the use of many popular altcoin so far rather than bitcoin or the token itself. The demand for altcoin like LTC, BNB, Doge, Tron or some others increases when bitcoin transaction fees seem expensive. But having its own casino token would provide many advantages for developers - but I think its future is very uncertain.
It is really just that good for on site utility nothingless. For sure they arent that expecting that it would really be that supported by huge investors in considering that this is really just that a utility token.
I do even hardly believe that these tokens would really be that get listed on different exchange platforms or even just simply ending up some own value. Companies wont really be that
putting up that much focus since they do know that there are really that having much more tokens or coins that in the market which does have much more better utility.
On the moment that they will be making their own then it is really just that for the sake of utility on which it would really be attached into promotions and those competitions.
If ever it would really be having some pumping situation then good for those who had bought on the bottom on which still making that easy money.

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June 18, 2024, 09:17:49 PM
 #313

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.
I did not comprehend to exactly what you are saying but I know very well that casino platforms have different option of the coin that you will deposit in their platform using a cryptocurrency there is some certain coins that is not a eligible for you to be used for some of the casino platforms that is what some persons don't know about casino platforms some of them might accept Bitcoin as a method of deposit in their platform and some of them may also accept litecoin for their own side of casino so it depends on the acceptable kind of coin that is being needed for a particular casino platform.

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June 18, 2024, 10:25:51 PM
 #314

Crypto casinos have also encouraged the use of many popular altcoin so far rather than bitcoin or the token itself. The demand for altcoin like LTC, BNB, Doge, Tron or some others increases when bitcoin transaction fees seem expensive.
I agree, they're the ones that helped the demand of these altcoins to go up because of their acceptance rate is high for most of the valuable altcoins. And also, they've been so much stable into adopting Bitcoin as their main accepted crypto.

But having its own casino token would provide many advantages for developers - but I think its future is very uncertain.
There's so much benefits for the developers if they're able to make a huge demand out of it. Not to name some that I am seeing that they are raking huge volume on it and probably it has something to do with their own service and benefits that they're distributing to the ones that are holding it onto their own platform. But you're right about its future, they're uncertain and you'll never know how big they'd fall when the bear market comes.
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June 19, 2024, 05:52:55 AM
 #315

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.
Don't you research a project before you invest in it? Not the best option, if that's what it really is. Do, many people are prevented from doing this by sheer laziness. Is it difficult to spend just a few minutes to read a small amount of text? It turns out not only difficult, but also boring to do such a thing. So why then, in fact, come to the direction of crypto, investing?

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June 19, 2024, 06:56:36 AM
 #316

Crypto casinos have also encouraged the use of many popular altcoin so far rather than bitcoin or the token itself. The demand for altcoin like LTC, BNB, Doge, Tron or some others increases when bitcoin transaction fees seem expensive.
I agree, they're the ones that helped the demand of these altcoins to go up because of their acceptance rate is high for most of the valuable altcoins. And also, they've been so much stable into adopting Bitcoin as their main accepted crypto.

But having its own casino token would provide many advantages for developers - but I think its future is very uncertain.
There's so much benefits for the developers if they're able to make a huge demand out of it. Not to name some that I am seeing that they are raking huge volume on it and probably it has something to do with their own service and benefits that they're distributing to the ones that are holding it onto their own platform. But you're right about its future, they're uncertain and you'll never know how big they'd fall when the bear market comes.
By the way, I noticed that usually game tokens do not fall aggressively in price at the onset of a bearish cycle in the general cryptocurrency market. 
As a rule, the overall price drop for game tokens is even less than the average price drop for Altcoins.  This is primarily due to the utilitarian purpose of these tokens, which are used in specific games of a given casino that issues the tokens.  Therefore, the demand for tokens is quite stable on the part of players.  If the audience of players does not change much, then the demand for tokens remains.  And this is one of the factors for a more stable token rate in a bear market.  In my opinion, this is logical and this is what happens in most game token projects.

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June 19, 2024, 10:12:36 AM
 #317

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.

In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.



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June 19, 2024, 10:45:38 AM
 #318

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.


In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.


That's without question why plebs like us should consider a casino token's incentive structure, and how the casino admins/developers are building their services around that token. If it's a mere token that the casino itself doesn't want to accept for bets for their service, and/or doesn't want to incentivize the user for using the token, then I'm very confident that it will be ignored by the community in general.

What is the casino that's building their service around their token? Cool

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June 19, 2024, 11:22:48 AM
 #319

In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.

Buddy, this is a wrong perception by many crypto investors and traders that all the coins including the casino coins will make an all time high or perform good during the bull run. Yes, the  casino coins that have their projects/gambling sites running in good reputation will surely get boosted during the altcoin season.
However, if the gambling site is having issues like currently we are seeing freebitco having a lot of withdrawal problems, if those are not resolved by the start of the bull run, then we may not see same surge in prices in FUN token (freebitco native gambling token).

This is just an example, the point is that for any coins to perform good in a bull season, still depends that the project is good, trusted and not scam people.

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June 19, 2024, 11:26:33 AM
 #320

In short, all crypto coins can face bad times when it comes to the bull run itself. Although there are others who can also go along with the rise in the price of Bitcoin, the majority of them will not be pulled up in the market, according to what I have witnessed and seen in some bull runs that have passed.


Majority yes since there's no safe coins or tokens when market condition is bad. Although there are few of them will got a pump but everything is temporary. But so far the performance of most of casino token decline but its understandable since somehow we can think of that people prioritize to have bitcoin rather than altcoin and the least we can look forward is on how their casino perform since this will bring confidence to investor that there provably something good will happen especially if bitcoin will have a good rally again or alt season will came. If bull run has already passed then I guess its time to plan our next action.

And then I have not seen any casino coin that really kicks the price in the market during the bull season; most of the ones that really kick the price during the bull run are the altcoins and meme coins, to be honest.

Yeah that's the sad fact of those casino owned tokens but let see in couple of months or years if there are changes to happen especially on their development side. But also its understandable that meme coin is the one experience a bull run since this is tokens is the center of attention by most of altcoin investors that's why some of those tokens got an outrageous pump.

R


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