Quote from: FanEagle on Today at 07:26:52 PM

Quote from: len01 on February 06, 2023, 05:56:10 PM

token prices going pump or dump on the market are very common, especially during the current bearish season. but after I read your statement about BetFury still active in promoting their BFG token using money from their casino earnings, it's very amazing and chances are that BFG token will have a great boost in the upcoming bullish start.

if BetFury continues to improve anything for the betterment of its casino and its token, I have no doubt that BetFury and BFG will grow to be even more successful in the future.

That is the reason why many people think that this is going to be one that is going to be high. Not because it's a good "token", the token itself if you look at it doesn't really mean anything, separate it from betfury and the token alone would worth nothing.

However, when you think about it together, it becomes amazingly valuable because there is a good chance that with more money people lose, the token gets more and more valuable. Think about it like you have access to a treasury that gets taxes from a nation, it means the more time passes, the more money there will be in there, and the more money there is in there, the more money your tokens will worth, definitely a good thing.

The idea you shared above is not sustainable, I could remember that this is exactly the same thing owl.games was doing before, and as soon as they stopped, their token price went really down 👇 from its initial price.
A casino using funds gamblers lost on their casino to buy back their token so as to make the token valuable is not sustainable, cus a moment will come when the casino will have alot important things to do with money which might force them to stop the token buy back program, and once they stop, the token price will return to its base.

The best way to make a token really valuable is to give it a good and long lasting usecase, as well as keeping supply limited.