Quote from: coin-investor on August 05, 2022, 11:02:28 PM

Quote from: wallet4bitcoin on August 05, 2022, 02:30:18 PM

Quote from: GigaBit on August 05, 2022, 05:10:13 AM

Gambling platform tokens have not flourish well so far. Betfury is relatively old project, but little progress has been made on it. However, developers efforts are ongoing. They plan to list on better exchanges in future. Owl Games is one another gambling platform which is in a much better position. They are constantly developing. Even it is a new project, there is a high possibility of getting success.

The value of the token/coin depends on its usage. Not only the casino platform but the developer should increase the demand for tokens. And along with that should be listed in good exchange. I think currently casino players are increasing but coin prices are not changing accordingly.

Because we are in a bear market, if you checked the price, on Owl token you are more than 400% profit if you've invested 10 months ago on BFG the price is also performing good in the market and even if the price is moving you can stake these coins and earn profit from staking, casino based token its one of the type of coins worth investing, they have the platform they have the community and they have dedicated developers all the things that you're looking for on a coin.

Yes, this is a way to be able to see the benefits that these casinos offer with their own coins and it is something that should be recognized, in fact I have spoken with many friends, where I tell them about these coins or tokens but before buying, because they want to buy because they want to earn money, I let them know the risk they run there, and by telling them that at the time they make their investment in these coins or tokens they have to know or think that they should not expect quick profits, and that they can only put that money that they are willing to lose in its entirety, in fact that is what I was talking about today with a friend who wanted to invest and in turn buy a trading bot.

Quote from: gunhell16 on Today at 03:23:50 AM

Quote from: Get-Paid.com on July 13, 2022, 09:17:03 AM

It looks like all cryptos went down in the past few weeks/months, Bitcoin is down, Ethereum is down.

Among the few ones that actually haven't lost a lot of value are cryptos that represent gambling sites, for instance:

BFG for BetFury - they offer currently up to 76% yields per annum on the BFG token that is paid in other cryptos such as USDT, BNB etc.
OWL for OwlGames - they offer 43% per annum on their OWL token, their currency has actually went up in value whilst all other cryptos went down - and why? Anyone knows?
TFS for FairSpin - not very popular but represents FairSpin, didn't go down in value much either.

Are these things similar to what we had in the 1990s and 2000s before Crypto - like buying "William Hill" or "Ladbrokes" stocks? Is it more or less the same thing just in Crypto?

And why OWL keeps on going up in price? Honestly their site doesn't seem to be very unique or impressive - anyone has a credible explanation who is behind the price rise of that OWL token?!

Huh

Right now, if you look at the percentages on their platforms, they have dropped even more, like when owl used to be at 43%, now they have dropped to 37% if I'm not mistaken, and when it comes to the volume they accumulate in every day its volume is almost indistinguishable from BFG. When it comes to the question of whether it is good to invest in them, my answer to that is that it is always up to you. But for me, if I'm a believer in BFG and OWL, I always want to invest there because first, it's okay no matter what the volume in the market is, then its price is low compared to when it was high, so it's good to hold it for the long term even anyway, just for my own opinion and understanding.

Well, you are right about that, it has gone down a lot, but it is already as you have decided, there are many people who buy with the hope that it will go up and it is not a bad idea, in fact it is a smart idea to be a good investor, there is a great possibility that when the price of BTC goes up these tokens have a big rise, in fact I think one of the reasons why it's smart to do it is because lately this is a good time to do this type of investment, the price of BTC is relatively low , at the time these tokens go up and up, a good x3 x4 may go up, which is what can easily be seen, but it is not something completely safe, the risk that exists is that, but each person thinks and chooses the best way to put your money and these tokens have a big advantage, they are from casinos.