Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 117. (Read 82161 times)

From what i remember their signature campaign was paid in BFG tokens and they were actually worth something at the time. Inflation of the price would mean they would need to raise the amount paid significantly in order to get good bounty hunters to work with them, and most likely that wouldn't do any good for already dropping token price. At the start it was understandable to give them as token wasn't even traded and it made people feel to be a part of something.

Other way would be paying with btc or eth. But as they didn't do it in the first place (if i remember correctly) i don't believe they would start doing it this time.

Indeed so, there are quite a few reputable casinos who are operating casino gambling with reputation as well as they are also conducting signatures campaigns. There are some casino sites that are having such promotions as well as getting new gamblers with lots of traffic to their sites. One thing to note here is that gambling sites that always keep their signature promotion have the trust of gamblers. As a result, those sites are able to improve quickly. Many of us in the gambling platform know about this site Betfury. However, due to lack of publicity, they may not have come to the front line in this time.

it would be a shame if Betfury didn't continue the signature campaign to stay here so it won't be forgotten and the traffic from new users to their website is increasing through the signature.
Betfury here is very good and is well known by many people here. It will be very sad if one day it is forgotten by the old players here. because currently there are many new casino platforms that provide signature campaigns that are still running today and I fear that in the future more new users will choose to enter and register at the new casino because they see the signature campaign advertisement.

well, although there are also many old casinos that are still active without running a signature campaign, but it would be better if the campaign is still running to attract more new users.

I agree to that, when reading and reviewing you can say that it is easy to avoid, but the truth is, when it's already you in that position you will also make that same mistake, most of the time, we only admit when we already out or away but if we still playing we don't want to admit that mistake.

We will continue to find reasons that will excuse that mistake, hopefully from that article, people who still committing mistakes will start to assess and try to work things out to lessen or to completely avoid the same mistake over and over.

Wow. I've done all of those. But definitely most harmful was "Playing under the influence". Because last thing you need when you are handling your money is too high self-esteem and lack of judgement. It's fun and that's why people do it but it's also the recipe for being totally rekt.

I mean it was funny to wake up next day having ton of money and you didn't know where you got it from. But when the opposite happend and you get blackout drunk and don't remember where all your money went. That's something no one should deal when having a hangover.

Oh this epic, it has some of the most common ones and it is such a sad thing to see that I have done some of them and many of my friends did too and the real sad part is that when you look back on it, you see how simple of a mistake it was and how easy it was to avoid that and yet we still failed because we were just too newbs at this.

People should read this before they start gambling, and even if they are gamblers then I would say they should read it anyway. It would definitely give them an idea of what could go wrong and even though they may think it will be fine, it rarely goes right if you do one of these and should be careful to stop before going further.

Obviously, Betfury or any other casino will always make a profit because of the house edge, even if a user is disciplined and doesn't make the mistakes that are mentioned in that article. However, I think Betfury should be interested in making sure that users understand these mistakes in any case. I mean, Betfury would rather have a user who at least complies with bankroll management and wagers consistently than a user who loses his whole bankroll due to emotions and doesn't come back to the platform after that.

I didn't read the entire article, only the main points because it would be the same as many articles available on the internet about gamblers' mistakes, but all gamblers must have made mistakes and when gamblers don't experience winning, it doesn't mean they made a mistake because it could have been because they didn't lucky because one of the factors in gambling is luck besides there are other things.
However, Betfury cleverly placed this article on their main page gambling site so that players can be tempted to play after reading the article and trying to apply it to their gambling activities.

It’s ironic that casino creates an article like this while mistakes of gambler is what their main source of profit. I knew that they know that house will always in the long run and user tends to do this mistake whether they like it or not due to human error but seeing this kind of article coming from the casino newsletter itself is a bit awkward for me.

Anyway the article explains many valid point on how mistake happened. I believe chasing losses is really the number mistakes which every gambler do.

Betfury have written a very informative article "Top 10 mistakes casino gamblers make". I think this article is useful not only for new gamblers, but also for experienced gamblers. I hope the information from this source will help you win a lot more often.

Read all the information here: https://betfury.io/news/top-gambling-mistakes

By main team i meant people that can't be brushed off as interns or rogue actors. But i just remembered that BFG didn't have a token sale and was just purely mined, so i am not so sure at all about the illegality anymore so i am withdrawing my comment.

But just because team is pseudonymous to us, it doesn't mean they are pseudonymous to everyone. They need to use their real names in order to communicate and comply with regulators.

Betfury wrote in this thread about the top 100 back in May 2021. Here's the post. By the way, what do you mean by mentioning the main team? If you look at the Betfury team page on the website, you will see that there are only nicknames and avatars of the support and marketing teams. So the Betfury main team is clearly anonymous, as there is no information about the CEO and the development team. Honestly, I don't even remember the CEO ever interacting with the community.

Wait when and where they said this? It's illegal for the devs to speculate with the token price not to mention promise gains for that token price. And if they were talking about marketcap, that's what they were doing as you can count the token price if you have a target marketcap. I really am hoping this was some rogue chat admins and not one of the main team.

That's not 100% correct. The burning mechanism has not a big impact on the price but it does has a nice impact on the daily dividends you get. Every time, after the burning, your daily dividends are a lot higher but that effect only lasts a couple of days also. At a certain moment, all tokens will be mined and if they keep doing the montly burnings, than it should have more impact on the price I think.

I see your point regarding to those who wanted to have a quick returned of investment, we can't deny that fact that each time there's a opportunity to sell in a decent value, traders will choose to do that than to wait for another pump, especially with how the market is moving, BetFury believers might be able to hold for some time while those who invest with the intention of quick benefits, they will sell each time increase will take place.

There's always differences with how supporters and traders treats their invesment, tough call if you are holding your assets, pressures from both bull and bear can take place.

If nothing changes, it will take a very long time for Betfury's burning mechanism to have any effect on the BFG price. Let me remind you that Betfury has already burned 1.6 billion BFG tokens. That's quite a lot because it is almost 33% of the total supply, but there is no effect yet.
However, maybe you are right that BFG is a long-term investment, but I think many people prefer to prefer short-term investments and more volatile crypto assets.

Well, a while ago when some casinos were starting up, I recommended that signature campaigns were something that is very good, whatever is in favor of marketing that pays for itself over time, at that time I received no criticism, and they tried to make fun of it, but in itself I don't care, because I know that they lack sense and they still don't have a very good financial culture and obviously they don't have a business development thought, therefore the business model is obviously a success with signature campaigns, If not, let's look at stake.com, bitcasino.io, duelbits, rollbit, roobet, and many more companies that I would not be able to name them all, then a simple logic, nobody is going to give away money, they know that if a signature campaign is executed it will bring clients, traffic and good players, I hope Betfury sees this, they need this, and they themselves know that from the beginning they hooked everyone because they invested in marketing campaigns.


It would be good if they could increase the price of the topken, because basically when an investor wants to see the potential of the token and doesn't see that it can have a sustained surge, they simply won't be interested, I think Betfury should appeal because their token has more interesting, I don't know, let them start as they did in the beginning, make campaigns where they offer their tokens, maybe they can make their own internal forum where they give rewards in the token for posting in their forum, these things could help a lot to raise the price, but I don't know how the marketing executive thinks, maybe they are studying this type of option.

The design of casino utility is for long term because it’s highly dependent on the casino  profit to boost the price from the token burn mechanism and buy back. BFG tokens is used for casino rewards, marketing and team token since they are startup casino. Don’t expect that this token will pump like typical altcoins since the token supply vesting is not yet finished IIRC.

Real price of BFG will be determined once sell pressure coming from those I mention above already stop and the team is consistently boosting the price using the casino profit. Investing right now is the best opportunity before those consistent big buy backs occur since Betfury is already an established casino.

This pretty much happens to any other token out there, and not just BFG. You can't control demand. people rush to buy and hold tokens they feel they will profit from in the short run. People FOMO due to hype

If the token has no hype, however good it is, it will stay down. Bitcoin is revolutionary, you can't compare it to BFG.

Either betfury create another usecase for the BFG tokens or figure out new bonuses, or their token will never gain popularity or demand. Who would buy to get dividends when staking other altcoins gives more profit for holders. Id better stack DEX altcoins, then bother obtaining BFG.

What was BFG ATH? A bit more than 3 cents. And that was not even during week when ATH got new ATH and pulled every other altcoin price. What was BFG doing when BTC got new ATH? Loosing its value. Imho when (or if) BTC get a new ATH, we wont see a huge change in BFG price.

Betfury said their goal is to get to #100. The best they did is to enter 3k range. Since appearance, all BFG was doing is loosing its value. Imho platform is more focused on earning from gambling, then on their own token. That is why we are not going to see price increase.