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Author Topic: What are your expectations for Casino coins in this coming bull run?  (Read 3545 times)
Betwrong
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June 24, 2024, 07:31:02 AM
 #341

~

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.

Overwhelming demand due to lies spread about a coin that it's better than Bitcoin, faster/cheaper transactions and stuff is one thing.  A growing demand due to great performance of the casino that a coin associated with is entirely another.

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.

I think so too. Rollbit and Freebitco.in are reputable and prosperous casinos, and their coins can rise in value with time. I don't know about will it be a sudden "pump" or just a gradual rising, but I believe in their bright future.

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.

Visit their official thread, mate. It looks like they are back to normal.

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Wind_FURY
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June 24, 2024, 08:43:02 AM
 #342

~

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.

Overwhelming demand due to lies spread about a coin that it's better than Bitcoin, faster/cheaper transactions and stuff is one thing.  A growing demand due to great performance of the casino that a coin associated with is entirely another.


Haha. That's the old narrative used by shitcoiners who have no general understanding of how Bitcoin works, WHY it actually works, and WHY it makes sense. The other coins, especially POS blockchain networks that claim they're "truly decentralized", have NO idea that POS doesn't actually work. Plus the developers that understand, but they continue to work on them know that they are selling things that don't actually work. They are such nefarious individuals.

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June 26, 2024, 06:45:22 AM
 #343

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.
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

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pawanjain
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June 26, 2024, 04:18:32 PM
 #344

In my case, I don't buy any casino tokens because I see it as a waste of time and money, I prefer to spend money playing at the casino. These casino tokens go up in price a lot, they depend on the success of the casino and we all know that every year more new casinos appear and because of this the competition becomes very strong to the point of driving existing casinos out of business. So I don't see casino tokens as being a good investment

I feel the same. Casino tokens don't have any other utility than being used on the casino itself.
FUN is not the same though as it has not been created by a casino site but as gaming project.
So it has a probability of being accepted by various other crypto sites as well but that isn't happening for some reason.
If that would happen then FUN token price would soar high.

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noormcs5
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June 26, 2024, 04:46:13 PM
 #345

I feel the same. Casino tokens don't have any other utility than being used on the casino itself.
FUN is not the same though as it has not been created by a casino site but as gaming project.
So it has a probability of being accepted by various other crypto sites as well but that isn't happening for some reason.
If that would happen then FUN token price would soar high.

Honestly speaking I do not have a good experience with the casino token's investing. The price of these tokens does not rise even in the mini alt-run and I am just disappointed. I think most people will have the same point of view. We are all waiting for the price of these altcoins to rise to our buying price so that we may dump them.
I do not say that casino tokens are bad , in fact, they are good if you want to gamble with them but these should not be for long-term investments. Others may have different experiences but I am just telling my little investments with a few of these altcoins and all of them are in a loss at the moment.  Sad

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June 26, 2024, 05:20:21 PM
 #346

In my case, I don't buy any casino tokens because I see it as a waste of time and money, I prefer to spend money playing at the casino. These casino tokens go up in price a lot, they depend on the success of the casino and we all know that every year more new casinos appear and because of this the competition becomes very strong to the point of driving existing casinos out of business. So I don't see casino tokens as being a good investment

I feel the same. Casino tokens don't have any other utility than being used on the casino itself.
FUN is not the same though as it has not been created by a casino site but as gaming project.
So it has a probability of being accepted by various other crypto sites as well but that isn't happening for some reason.
If that would happen then FUN token price would soar high.
In fact, many people already know this, that investing in casino tokens is not always profitable, in fact, what results is losing a lot of money there, as you said, they are only used in their casino, obviously if their casino goes bankrupt, it is the same as making the casino tokens go bankrupt. not really worth anything, there are many cases of casino tokens closing and going bankrupt, so it's best not to invest in gambling, for example by investing in buying their casino tokens because whoever it is must know what their roadmap is for the long term.

There have been many examples of casino tokens going bankrupt because I don't want to mention them all here and I'm sure everyone knows that well-known casino sites have gone bankrupt in the past, there are quite a few on this forum, of course most of them also run other businesses connected to their casinos, namely releasing casino tokens. they share the profits from casino revenues, but in the end they actually go bankrupt because of poor management in the casino, talking about FUN of course it is not a casino token but a token that can be used to play casino games, FUN can indeed be added to other gambling sites, but it seems that after the price continues to decline, very few people want to touch this token.  Wink

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June 26, 2024, 07:53:57 PM
 #347

I feel the same. Casino tokens don't have any other utility than being used on the casino itself.
FUN is not the same though as it has not been created by a casino site but as gaming project.
So it has a probability of being accepted by various other crypto sites as well but that isn't happening for some reason.
If that would happen then FUN token price would soar high.

Honestly speaking I do not have a good experience with the casino token's investing. The price of these tokens does not rise even in the mini alt-run and I am just disappointed. I think most people will have the same point of view. We are all waiting for the price of these altcoins to rise to our buying price so that we may dump them.
I do not say that casino tokens are bad , in fact, they are good if you want to gamble with them but these should not be for long-term investments. Others may have different experiences but I am just telling my little investments with a few of these altcoins and all of them are in a loss at the moment.  Sad
Pump or not, then it would really be just something that basing up into those who do invest and we do know that it wont really be always that getting in line with those current market trends.
If we do tend to look and compare out on which same as you said that even on alt pump, there's no way that these tokens would really be going in the same path but rather
it is really just that having no movement at all. It would really be just that independent i should say but in overall it would really be just that depending on overall demand and investment
into those people whether those random investors or to those people who had been playing on the site on which they've decided to make out some investment on it
just to have that showing up the support.

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June 26, 2024, 10:31:12 PM
 #348

There have been many examples of casino tokens going bankrupt because I don't want to mention them all here and I'm sure everyone knows that well-known casino sites have gone bankrupt in the past, there are quite a few on this forum, of course most of them also run other businesses connected to their casinos, namely releasing casino tokens. they share the profits from casino revenues, but in the end they actually go bankrupt because of poor management in the casino, talking about FUN of course it is not a casino token but a token that can be used to play casino games, FUN can indeed be added to other gambling sites, but it seems that after the price continues to decline, very few people want to touch this token.  Wink
I agree that there have been casino tokens that have become bankrupt, I've seen a lot of them and to be honest, they were once a good one but then with all of the market moves and the developer's actions, they didn't survive.

That's why many are in disbelief that many of these tokens aren't going to survive. But, we're seeing that some of the existing ones are doing well and they're making name not just for their own business but also in the token's market.

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June 26, 2024, 10:59:44 PM
 #349

I remember RLB coin being on the top 100 in terms of market cap months ago, but I just looked at its rankings just right now, and it's at the 290th already. I also saw its price movement, and it went down from $0.25 all the way down to $0.06.

I agree with you that the price is unstable, which poses a great risk to investors, but it can be noted that the token is making great strides in a very competitive market. It is not easy for any other token to reach the list of the top 100 cryptocurrencies in a short time, like RLB, and this is a good indicator of the reliability it achieves on exchanges, without talking about its role in the gambling industry.
As i stated before, we (as Rollbit community fans) are look forward to the team’s future plans regarding developing the token and supporting the spread of its use on a broader scale. This is not an easy task, but it is not impossible in any case if the platform’s user base continues to expand, including other casinos or other service platforms.

 
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June 26, 2024, 11:10:06 PM
Last edit: June 26, 2024, 11:28:33 PM by AmoreJaz
 #350

I remember RLB coin being on the top 100 in terms of market cap months ago, but I just looked at its rankings just right now, and it's at the 290th already. I also saw its price movement, and it went down from $0.25 all the way down to $0.06.

I agree with you that the price is unstable, which poses a great risk to investors, but it can be noted that the token is making great strides in a very competitive market. It is not easy for any other token to reach the list of the top 100 cryptocurrencies in a short time, like RLB, and this is a good indicator of the reliability it achieves on exchanges, without talking about its role in the gambling industry.
As i stated before, we (as Rollbit community fans) are look forward to the team’s future plans regarding developing the token and supporting the spread of its use on a broader scale. This is not an easy task, but it is not impossible in any case if the platform’s user base continues to expand, including other casinos or other service platforms.

This is the dilemma in most casino tokens, the growth usually is very slow or in most cases, they are in declining stage. Even if we say, the casino itself is surviving and growing, it doesn't always translate to their token's development. Also, it will depend on how the casino team is dedicating their marketing of their token, how they are being developed to have a solid use case and their long-term plans for their token itself.

From what I have seen among casino tokens introduced in this forum, the increase of value can be influenced by =
> active marketing of the team by offering rewards or incentives holding the token
> can be used in the games like with other alts
> regular contest or race using the token itself
> regular burning of some tokens, to decrease its supply

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June 27, 2024, 07:10:34 AM
 #351

I feel the same. Casino tokens don't have any other utility than being used on the casino itself.
FUN is not the same though as it has not been created by a casino site but as gaming project.
So it has a probability of being accepted by various other crypto sites as well but that isn't happening for some reason.
If that would happen then FUN token price would soar high.

Honestly speaking I do not have a good experience with the casino token's investing. The price of these tokens does not rise even in the mini alt-run and I am just disappointed. I think most people will have the same point of view. We are all waiting for the price of these altcoins to rise to our buying price so that we may dump them.
I do not say that casino tokens are bad , in fact, they are good if you want to gamble with them but these should not be for long-term investments. Others may have different experiences but I am just telling my little investments with a few of these altcoins and all of them are in a loss at the moment.  Sad
Casino tokens performed better in the last crypto bull run than this and the reason is obvious around us so we can't entirely blame them but how the crypto market has turned out to be this time. The reality is that there are too many crypto projects to invest in by people, this is unlike before when you might still count good projects easily and monitor them closely but it is getting worse each day with the huge influx of new coins/tokens into the market. The gaming tokens alone are in their thousands now not to mention the casino tokens, and not to mention again the huge altcoins that are rivalling the liquidity to be shared in the entire market.

This is so discouraging and has started making me wonder if the crypto market could live up to the expectations of people as before. But still, the opportunity will happen even if it's once in a while, it's we who should be prepared and be smart at the same time. We should know how to be patient to buy lows and not hold for too long. This is applicable to the present and the near future, and when the next bearish season will end, just as we experienced in the late months of 2022. Also, if the crypto world will not forget tradition, there should still be an altcoin season which I believe the casino tokens will also benefit from.

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June 27, 2024, 03:33:27 PM
 #352

I feel the same. Casino tokens don't have any other utility than being used on the casino itself.
FUN is not the same though as it has not been created by a casino site but as gaming project.
So it has a probability of being accepted by various other crypto sites as well but that isn't happening for some reason.
If that would happen then FUN token price would soar high.

Honestly speaking I do not have a good experience with the casino token's investing. The price of these tokens does not rise even in the mini alt-run and I am just disappointed. I think most people will have the same point of view. We are all waiting for the price of these altcoins to rise to our buying price so that we may dump them.
I do not say that casino tokens are bad , in fact, they are good if you want to gamble with them but these should not be for long-term investments. Others may have different experiences but I am just telling my little investments with a few of these altcoins and all of them are in a loss at the moment.  Sad

Lol, I guess most of us would accept this fact here. We all are just waiting to for the right moment to sell our casino coins isn't it.
After all, we have been holding them since a long time already and if they aren't making us profits then selling them would be the obvious choice.
I guess we need to shift the investment to some other coin which yields better returns.
The only ones benefiting from buying casino coins would be the active gamblers who are utilizing those tokens in the site.

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June 27, 2024, 10:22:26 PM
 #353

I remember RLB coin being on the top 100 in terms of market cap months ago, but I just looked at its rankings just right now, and it's at the 290th already. I also saw its price movement, and it went down from $0.25 all the way down to $0.06.

I agree with you that the price is unstable, which poses a great risk to investors, but it can be noted that the token is making great strides in a very competitive market. It is not easy for any other token to reach the list of the top 100 cryptocurrencies in a short time, like RLB, and this is a good indicator of the reliability it achieves on exchanges, without talking about its role in the gambling industry.
As i stated before, we (as Rollbit community fans) are look forward to the team’s future plans regarding developing the token and supporting the spread of its use on a broader scale. This is not an easy task, but it is not impossible in any case if the platform’s user base continues to expand, including other casinos or other service platforms.

This is the dilemma in most casino tokens, the growth usually is very slow or in most cases, they are in declining stage. Even if we say, the casino itself is surviving and growing, it doesn't always translate to their token's development. Also, it will depend on how the casino team is dedicating their marketing of their token, how they are being developed to have a solid use case and their long-term plans for their token itself.

From what I have seen among casino tokens introduced in this forum, the increase of value can be influenced by =
> active marketing of the team by offering rewards or incentives holding the token
> can be used in the games like with other alts
> regular contest or race using the token itself
> regular burning of some tokens, to decrease its supply

> There is not much competition between casino tokens due to their small number, in addition to the fact that marketing includes the product as a whole, with part of it allocated to the token without focusing on it alone. Do you think it is feasible, for example, to publish an official announcement for the casino in the altcoin board, given that it has a casino token? This is just an idea that came to my mind now.
> Maybe the focus could be on diversifying its uses even outside of gambling. I expect that most of those who currently own the token are traders and not users of the platform.
> This is a good idea and work can be started on it using the forum, especially if the casino has ongoing marketing campaigns in which payment is made using Bitcoin or any other currency. Allocating a portion of payments to tokens would be a good idea.
> This step requires careful study, especially if this was not programmed when deciding the supply size from the beginning.

 
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June 27, 2024, 10:40:49 PM
 #354

I have been an advocate of casino remaining casino while leaving cryptocurrency to do their things. I think there is already enough ground to cover in the casino industry. Instead of the project owners to diversify in cryptocurrency, they should instead intensify in casino activities.

I think when I was new in this space I invested in Betfury token. But then, for the sake of bull run, I think there are alot of projects which are promising. It is not necessary that you will cover every area with your portfolio.

Agree with this 100%

We are launching a telegram mini-app poker room in mid-august.
While there were early thoughts of launching an ICO, the partners were completely against this idea.
Better to concentrate on gaming, marketing promos and bringing the project to life rather than making a casino coin.

I’m sure there are no right or wrong answers here, but seems to me to launch a token, is completely a different direction market-wise, and the casino should be investing in their gaming experience rather than 10x ing on a token.


Interested in poker?
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June 27, 2024, 10:54:51 PM
 #355

I feel the same. Casino tokens don't have any other utility than being used on the casino itself.
FUN is not the same though as it has not been created by a casino site but as gaming project.
So it has a probability of being accepted by various other crypto sites as well but that isn't happening for some reason.
If that would happen then FUN token price would soar high.

Honestly speaking I do not have a good experience with the casino token's investing. The price of these tokens does not rise even in the mini alt-run and I am just disappointed. I think most people will have the same point of view. We are all waiting for the price of these altcoins to rise to our buying price so that we may dump them.
I do not say that casino tokens are bad , in fact, they are good if you want to gamble with them but these should not be for long-term investments. Others may have different experiences but I am just telling my little investments with a few of these altcoins and all of them are in a loss at the moment.  Sad

Lol, I guess most of us would accept this fact here. We all are just waiting to for the right moment to sell our casino coins isn't it.
After all, we have been holding them since a long time already and if they aren't making us profits then selling them would be the obvious choice.
I guess we need to shift the investment to some other coin which yields better returns.
The only ones benefiting from buying casino coins would be the active gamblers who are utilizing those tokens in the site.
Haven't build that ball enough to risk on thos coins lately may be it because I am a Bitcoin follower who will always preferred Bitcoin over every other shitcoins regardless of what the promises are and the same goes for a number of things, let not forget so soon how some of the casino coins performed in the past and how many investors where trapped and stocked with those coins to the point that their only are waiting for the right time for those coins to gain at least a recovery price and a few profits for them to offload their bag hold of coins in the market and close the their position in those coins.

 
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June 28, 2024, 08:46:10 AM
 #356

I feel the same. Casino tokens don't have any other utility than being used on the casino itself.
FUN is not the same though as it has not been created by a casino site but as gaming project.
So it has a probability of being accepted by various other crypto sites as well but that isn't happening for some reason.
If that would happen then FUN token price would soar high.

Honestly speaking I do not have a good experience with the casino token's investing. The price of these tokens does not rise even in the mini alt-run and I am just disappointed. I think most people will have the same point of view. We are all waiting for the price of these altcoins to rise to our buying price so that we may dump them.
I do not say that casino tokens are bad , in fact, they are good if you want to gamble with them but these should not be for long-term investments. Others may have different experiences but I am just telling my little investments with a few of these altcoins and all of them are in a loss at the moment.  Sad

Lol, I guess most of us would accept this fact here. We all are just waiting to for the right moment to sell our casino coins isn't it.
After all, we have been holding them since a long time already and if they aren't making us profits then selling them would be the obvious choice.
I guess we need to shift the investment to some other coin which yields better returns.
The only ones benefiting from buying casino coins would be the active gamblers who are utilizing those tokens in the site.

Its hard to expect on those casino token although some of them perform better since if we could just see the past stats gained by those tokens it show that none of them yet perform so good and lots of people waiting for good opportunity since as you said they are been waiting for so long to sell their tokens. Its not good to wait for so long then you get nothing that's why I agree with you that its better for people to shift their attention to other coins that can give more potential gains especially if they can't afford to wait for further developments that might happen to the casino creates it.

But if they can still hold their patience and willing to wait for a big pump that will happen to what they think a project that have a potential then its fine. But we can still see that RLB still doing good an maybe this token most likely have a chance to get a good price increase maybe in future.

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June 28, 2024, 09:38:01 AM
 #357

I have been an advocate of casino remaining casino while leaving cryptocurrency to do their things. I think there is already enough ground to cover in the casino industry. Instead of the project owners to diversify in cryptocurrency, they should instead intensify in casino activities.

Agree with this 100%

We are launching a telegram mini-app poker room in mid-august.
While there were early thoughts of launching an ICO, the partners were completely against this idea.
Better to concentrate on gaming, marketing promos and bringing the project to life rather than making a casino coin.

I’m sure there are no right or wrong answers here, but seems to me to launch a token, is completely a different direction market-wise, and the casino should be investing in their gaming experience rather than 10x ing on a token.

Attractive casinos have many different features. So casino tokens that can be earned by playing, staked, and used for playing are just one of the features. Many people expect too much from these casino tokens, but the reality is that many of them are not making any progress when it comes to price, and I think that many of them will stay in the price range they are now.

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.

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June 28, 2024, 11:22:42 AM
 #358

I have been an advocate of casino remaining casino while leaving cryptocurrency to do their things. I think there is already enough ground to cover in the casino industry. Instead of the project owners to diversify in cryptocurrency, they should instead intensify in casino activities.

Agree with this 100%

We are launching a telegram mini-app poker room in mid-august.
While there were early thoughts of launching an ICO, the partners were completely against this idea.
Better to concentrate on gaming, marketing promos and bringing the project to life rather than making a casino coin.

I’m sure there are no right or wrong answers here, but seems to me to launch a token, is completely a different direction market-wise, and the casino should be investing in their gaming experience rather than 10x ing on a token.

Attractive casinos have many different features. So casino tokens that can be earned by playing, staked, and used for playing are just one of the features. Many people expect too much from these casino tokens, but the reality is that many of them are not making any progress when it comes to price, and I think that many of them will stay in the price range they are now.

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.


When you intend to make an investment, it is always recommended that people do research before investing and everyone in this section and forum knows this, so they will look at a casino token and will have the same conclusion as you said: 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 $5 in tokens, is that person winning? If that person spends every year playing with 100$ and losing everything each month, but winning 5$ in casino tokens for example, then that person will be bankrupt at the end of the year.

This is the same thing that you see with VIP accounts, there are people who spent a lot of money playing to have VIP accounts because of the benefits that VIP accounts gave, but in the end when you do math you see that it is not good to play with the aim of having an account. high vip. Casino tokens depend on the performance of the casino to rise in price, but as I said, a casino is not an investment site, a casino is not a company that is providing a service that society can constantly consume without causing any harm. casino is entertainment that should be consumed in moderation, so as the years go by and more casinos appear and more people become aware that they should look at casinos as entertainment, then the trend is that people spend less money in casinos and casino tokens are condemned to behave like stablecoins

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June 28, 2024, 03:49:03 PM
 #359

I have been an advocate of casino remaining casino while leaving cryptocurrency to do their things. I think there is already enough ground to cover in the casino industry. Instead of the project owners to diversify in cryptocurrency, they should instead intensify in casino activities.

Agree with this 100%

We are launching a telegram mini-app poker room in mid-august.
While there were early thoughts of launching an ICO, the partners were completely against this idea.
Better to concentrate on gaming, marketing promos and bringing the project to life rather than making a casino coin.

I’m sure there are no right or wrong answers here, but seems to me to launch a token, is completely a different direction market-wise, and the casino should be investing in their gaming experience rather than 10x ing on a token.

Attractive casinos have many different features. So casino tokens that can be earned by playing, staked, and used for playing are just one of the features. Many people expect too much from these casino tokens, but the reality is that many of them are not making any progress when it comes to price, and I think that many of them will stay in the price range they are now.

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.


When you intend to make an investment, it is always recommended that people do research before investing and everyone in this section and forum knows this, so they will look at a casino token and will have the same conclusion as you said: 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 $5 in tokens, is that person winning? If that person spends every year playing with 100$ and losing everything each month, but winning 5$ in casino tokens for example, then that person will be bankrupt at the end of the year.

This is the same thing that you see with VIP accounts, there are people who spent a lot of money playing to have VIP accounts because of the benefits that VIP accounts gave, but in the end when you do math you see that it is not good to play with the aim of having an account. high vip. Casino tokens depend on the performance of the casino to rise in price, but as I said, a casino is not an investment site, a casino is not a company that is providing a service that society can constantly consume without causing any harm. casino is entertainment that should be consumed in moderation, so as the years go by and more casinos appear and more people become aware that they should look at casinos as entertainment, then the trend is that people spend less money in casinos and casino tokens are condemned to behave like stablecoins

That's a Good Point of view, but I think we should mention that good tokens with use cases and good tokenomics can give you huge boost, and we have such examples on the market! Regarding the casino, yeah, it's totally for fun and engaging yourself!

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June 28, 2024, 04:46:20 PM
 #360


Attractive casinos have many different features. So casino tokens that can be earned by playing, staked, and used for playing are just one of the features. Many people expect too much from these casino tokens, but the reality is that many of them are not making any progress when it comes to price, and I think that many of them will stay in the price range they are now.

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.

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