Quote from: cabron on August 16, 2023, 04:37:02 PM

Quote from: o48o on August 16, 2023, 11:38:41 AM

Quote from: avp2306 on August 05, 2023, 01:35:48 PM

Quote from: Fivestar4everMVP on August 05, 2023, 07:32:40 AM

Success of some altcoins don't entirely depend on the whether the company that built the token is generating money or not, it still very much depends on the type of community the project manages to build, and also another important factor is in the area of use-case, aside buying and selling the tokens, what other interesting things can investors decide to do with their token if they wanna spend it, but don't wanna sell it? this is how most tokens gain good value in the market, it doesn't entirely depend on whether the company is generating income or not, for all i care, a company can be generating income and that income being generated wont have any positive effect on the tokens performance in the open market, this simply means the managers of the company are just enriching themselves, and careless about the performance of the token in the market.

It still matter on their money generated on their platform since for that they have a lot of money to use to create more use case of their token, also maybe they can use that for multiple marketing together with big exchange listing. Those factors are important to hype their followers and if they don't have enough money to support their project and let the staking feature only the use case maybe investors will get bored and leave the thoughts of acquiring this.

You are both correct. Most altcoins doesn't even want to "generate money". If their tokenomics have working game theory (tx system or something else), they could raise in value as a side effect by design. But most of them are not bringing dividends as that would immediately make them securities by the standards of howey test.

Value and future of BFG however solely depends on the casino income. It isn't like most of altcoins (or tokens, if we want to be specific).

Most of all. The value of altcoins depends on whether it's bull or bear market. The community is just a plus but the majority of the altcoins will die if BTC also plunges down to its knees. There are even altcoins that die down in the bear market. Those tokens that didn't turn out to be scams are just waiting for the bull run.

BFG is just a very small community which only those who hold a large amount of tokens. Most probably staking them all which made the volume low as well.

You are right, when we look at a particular token or altcoin we see that its movements and its types of movements regarding the development of the token, or what things the token has that others, no, investors see those things that are so important, and where there is no innovation there is no interest, that has also happened with the token, also that the rewards for having the token have gone down and the marketing within bitcointalk as well, these things affect a lot, because I know that there are many other forums that have to do with it with bitcoin, cryptocurrencies, but bigger than this forum, difficult, this is where it moves the most, that's something we all know.

Betfury is a casino that excited many from the beginning, more than anything with its share of passive income, that was something impressive, everyone wanted to have those tokens, also the volume it had was very good, but here what happened is what It happens to all good projects, they didn't put them on a centralized exchange, and people don't like decentralized exchanges much.

The market is a factor that also influences, well , here it is known through the lens that the one that moves the market is bitcoin and if bitcoin does well, automatically all the altcoins, tokens and everything that follows it will do well, and it is because the bitcoin has a life of its own, so if we could say that if the price of Bitcoin influences , what they have to feed the token in particular is the hope that the token will grow in price and obviously this depends on the casino, on doing many things to promote it, in this order of ideas it is very important that they do not let interest fall, quite the contrary that they encourage investors to put money there, so that investing in the token generates confidence, that is possible, with enough publicity that is it achieves, I don't know why sometimes they have the gold there to build it and more and they let it die, the community is something else, if it helps, because I understand that when the community goes against the token things are lost.