Quote from: makishart on October 28, 2022, 11:41:51 PM

Quote from: Piesel on October 28, 2022, 08:55:56 PM

Quote from: dimonstration on October 28, 2022, 05:35:40 PM

This is true. So far Owldao is the best among the casino utility tokens in terms of performance because the devs keeps doing the buy back using the casino profit and burned it. Besides they are buying on exchange directly to reduce the circulating supply available on the exchange to boost the price unlike other casino tokens that just burned a portion of the circulating supply coming for the reserves of the project and not from the exchange tokens which does not give any price impact.

This is exactly why the owl token has become one of the most popular casino tokens around and even though the token market has undergone some number of up and down am happy that the token is recovering fast and the volume is constantly increasing.

That shows that the team is constantly working to improve the owl token ecosystem.

Im not sure about this. Did you see fun token before? This gambling token has traded on binance with greater volume and demand compared with the owl token. I don't even think the popularity of owl token is far greater compared with the fun token.
You will be seeing that FUN token may be explained as a gaming tokens but it's gaming for gambling purpose. It can be seen from its roadmap as it has also developed decentralized gambling platforms too.
The daily volume is farr bigger compared with owl dao which is almost 2 millions USD. This is the most popular gambling tokens among the crypto community for now.

Yes, in fact this is something that can be noticed, what I like apart from that the fun tokens are on Binance, we also have to notice something, the fun tokens are much older than the OWL, the OWL token is being born, it is something that we must give it time, it is not the one that has almost no volume, that has a low price, the important thing here is that the casino has enough fame to be known, it could not be compared with the FUN token because freebitco.in is the platform that gives some benefits within their platform but it is not their native token, so now when we do a little close up, we realize that everything is a process that hopefully each casino token will be successful in the future.

Quote from: ChiNgadOr on November 08, 2022, 11:51:44 PM

Quote from: dezoel on November 08, 2022, 07:24:29 PM

Quote from: Yatsan on November 08, 2022, 08:33:35 AM

There are few gambling tokens wherein market prices gone up. Most of the time, the market value of gambling token is either stable or falling. Stable because its supply si continuously circulating because it id a token being used in a gambling platform, demand won't be that high because on the usual, the token supply is huge. To fall on the other hand has a tendency especially if the gambling platform itself did not manage to attract the attention of many gamblers. Much better if you would directly invest to the project itself thru 'shares' if you are really looking for profit from investing in gambling related projects such as with what I have tried doing (earned some profit but BTC affected the profit. But I won't point finger to other factors, I also made some errors, but the idea is there already). Here's the thread (not as updated as before, quite busy these days but I'll follow it up maybe next week or month):

https://bitcointalk.org/index.php?topic=5239794.msg54203954#msg54203954

Feel free to thow your opinions as well.

Those who gone up must be from the popular casinos. It's hard to ignore the tokens because they can have certain benefits and investing on them is another way of showing your support to the casino that you love. Not just gambling tokens but the movements of a common crypto are also like that. They are not stable in short.

This is normal and this is not bad but it was an advantage because it enable us to buy low and sell high. Some of the gambling tokens have a huge supply but a casino can add a burning mechanism to greatly lessen the tokens supply. If you don't want your profit to be affected by btc then you better convert them into stable coins. For some casinos, they are giving returns in stable coins, which are great.

It is good to should you support to casinos that you like and you can always invest in them if you know how the project works and if they have a good team that can make the project go to the moon, nit blindly investing in project that will end up becoming a rug pull and all your funds will be gone before your eyes.
The reason why many person do not like investing in casino tokens is because they are not always listed on a popular exchanges where investors can buy and sell there holdings without any challenges.

I agree with what you say, in fact an investor who sees a token that is interesting and that is in a level 1A Exchange, it is obvious that he will take it into account as a possible "Value Shelter" if he wants to protect himself when Bitcoin has a bullish ATH style rally, although lately I have noticed a great centralism of one of the biggest exchanges like Binance, what they did to the FTC was something brutal, however that kind of thing only indicates that exchanges like Binance want to be the owners the largest volume in the world.

When an investor sees that the token is on Binance, his brain will automatically tell him that it is a reliable token, that is something that many of us have realized happens.