Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 160. (Read 90062 times)
December 29, 2022, 11:07:12 AM
I find it hard to understand why you guys keep scolding BFG for bad performance. Its price is completely following market trend. In addition, there are much more altcoins that have lost more % since their ATH. This of BFG as an addition when you gamble. There are much more gambling sites that did not give gamblers anything at all. So you should be happy that you get BFG and its value will go up when market changes its direction. And I might be wrong, but BFG token main idea was not to be as a long term investment that will make holders rich, it was more like a supportive asset.
December 29, 2022, 10:31:07 AM
It is true that the market is in a lot of dip now. But many are predicting that the market may dump more as the price of Bitcoin is likely to go to 10000. If Bitcoin reaches $10,000 then the market will immediately dump every coin trying to maintain balance. So it's not completely guaranteed that right now is the right time. So it is not yet considered as the real time to invest.
Of course, if the bearish trend continues, it will have a negative impact on all alternative currencies, including BFG. In that case, BFG could be even lower than 1 cent, and it would probably be the best time to buy the token. The only thing worth noting is that the Betfury team has stopped updating its roadmap since the second quarter of this year for some reason, and I think it's not very good for those users who plan to buy the BFG token in the long term because it's unknown whether the team sticks to its project development plan or not.
December 29, 2022, 10:16:14 AM
The current market condition right now is a time that builders BUIDL without making noise about it, any project announcing a major development right now probably lack experience in marketing as such announcement will only lead to a small pump in the token price which will also quickly evaporate and the price will dump back to where it started from or even lower.
So I believe the BFG team know what they are doing, the future is surely bright for BFG token as long as the team remain on top of their game.
Yes. This might be a bottom of the bear market or even if it isn't, it's not like anyone is looking for selling opportunities for their investments no matter what they hodl. So I believe the BFG team know what they are doing, the future is surely bright for BFG token as long as the team remain on top of their game.
Even if you have already accumulated some tokens, for most tokens it's not a time for collecting profits. That's during or right after the bull market. However, as i have stated, BFG value isn't based on similar TA speculation that other tokens are and different rules could apply, but not any of them are based on the token price and TA.
legendary
Activity: 2506
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
December 29, 2022, 08:05:04 AM
I do not think this is the right way to judge a token. In the last year, name me any token or coin that is able to sustain its price during this year's bear market.
All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
OKB [1] just click show the all time chart you will see this coin move against bear market.All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
If Betfury token is following the market condition, why not the price on October 2021 isn't pump higher than the first listing price on coinmarketcap? October 2021 is where Bitcoin made new ATH, so it's bullish market isn't? why Betfury token is keep decrease?
[1] https://coinmarketcap.com/currencies/okb/
What has the OKB coin to do with this ? Never heard of this coin and yes for one reason, this coin is pumping today. But if you look in the coinmarketcap, there will always be some random coins that are pumping. Mid september 2021 is where BFG made its ATH so you are not making any valid points here. And we all know that 2022 was a bear market.
He's just comparing Okb and BFG but there's no sense for making that comparison since this two tokens have different case or scenarios reaching its ATH. Maybe for now we can't see a good performance with BFG but if they continue to be consistent on what updates they are providing then provably there's good effect will happen on their tokens to. For sure devs know what they are doing about that so maybe for now they settle to be like this but let see what will happen to them in future.
So I believe the BFG team know what they are doing, the future is surely bright for BFG token as long as the team remain on top of their game.
December 29, 2022, 07:48:48 AM
I do not think this is the right way to judge a token. In the last year, name me any token or coin that is able to sustain its price during this year's bear market.
All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
OKB [1] just click show the all time chart you will see this coin move against bear market.All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
If Betfury token is following the market condition, why not the price on October 2021 isn't pump higher than the first listing price on coinmarketcap? October 2021 is where Bitcoin made new ATH, so it's bullish market isn't? why Betfury token is keep decrease?
[1] https://coinmarketcap.com/currencies/okb/
What has the OKB coin to do with this ? Never heard of this coin and yes for one reason, this coin is pumping today. But if you look in the coinmarketcap, there will always be some random coins that are pumping. Mid september 2021 is where BFG made its ATH so you are not making any valid points here. And we all know that 2022 was a bear market.
He's just comparing Okb and BFG but there's no sense for making that comparison since this two tokens have different case or scenarios reaching its ATH. Maybe for now we can't see a good performance with BFG but if they continue to be consistent on what updates they are providing then provably there's good effect will happen on their tokens to. For sure devs know what they are doing about that so maybe for now they settle to be like this but let see what will happen to them in future.
December 29, 2022, 07:24:42 AM
I do not think this is the right way to judge a token. In the last year, name me any token or coin that is able to sustain its price during this year's bear market.
All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
OKB [1] just click show the all time chart you will see this coin move against bear market.All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
If Betfury token is following the market condition, why not the price on October 2021 isn't pump higher than the first listing price on coinmarketcap? October 2021 is where Bitcoin made new ATH, so it's bullish market isn't? why Betfury token is keep decrease?
[1] https://coinmarketcap.com/currencies/okb/
What has the OKB coin to do with this ? Never heard of this coin and yes for one reason, this coin is pumping today. But if you look in the coinmarketcap, there will always be some random coins that are pumping. Mid september 2021 is where BFG made its ATH so you are not making any valid points here. And we all know that 2022 was a bear market.
December 29, 2022, 02:57:41 AM
I do not think this is the right way to judge a token. In the last year, name me any token or coin that is able to sustain its price during this year's bear market.
All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
OKB [1] just click show the all time chart you will see this coin move against bear market.All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
If Betfury token is following the market condition, why not the price on October 2021 isn't pump higher than the first listing price on coinmarketcap? October 2021 is where Bitcoin made new ATH, so it's bullish market isn't? why Betfury token is keep decrease?
[1] https://coinmarketcap.com/currencies/okb/
December 29, 2022, 12:11:52 AM
If one plans to earn money through staking rewards then this will not work for him but if one wants to invest in a token for a long time as it is potential . So if he does not hold freely those tokens and keeps them in staking, he will get some additional tokens from there which will give some support to his investment. This is the potential benefit of staking
Before saying this token is worth it to hold for long time, you need to check the price history first [1] as you can see after one year, did this token price is increase in the long run? nope. It keep decrease similar like fiat where inflation always happen in every year. To be honest it looks like Betfury is slowly become inactive and doesn't have many improvement, unlike the beginning where they're active and many people are supporting this project.
[1] https://www.coingecko.com/en/coins/bfg-token
I do not think this is the right way to judge a token. In the last year, name me any token or coin that is able to sustain its price during this year's bear market.
All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
Any investor finding BFG to be really good and believe the price will increase significantly in the future, now is the time to buy, don't wait until binance and some other major exchanges listing...
Get greedy when others are fearful and be fearful when the majority are greedy.
legendary
Activity: 2506
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
December 28, 2022, 01:16:23 PM
If one plans to earn money through staking rewards then this will not work for him but if one wants to invest in a token for a long time as it is potential . So if he does not hold freely those tokens and keeps them in staking, he will get some additional tokens from there which will give some support to his investment. This is the potential benefit of staking
Before saying this token is worth it to hold for long time, you need to check the price history first [1] as you can see after one year, did this token price is increase in the long run? nope. It keep decrease similar like fiat where inflation always happen in every year. To be honest it looks like Betfury is slowly become inactive and doesn't have many improvement, unlike the beginning where they're active and many people are supporting this project.
[1] https://www.coingecko.com/en/coins/bfg-token
I do not think this is the right way to judge a token. In the last year, name me any token or coin that is able to sustain its price during this year's bear market.
All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
Any investor finding BFG to be really good and believe the price will increase significantly in the future, now is the time to buy, don't wait until binance and some other major exchanges listing...
Get greedy when others are fearful and be fearful when the majority are greedy.
It's surprising that BFG holds its ground still being one of the popular casino tokens after all the turmoil going on in crypto. There are lots of believers in this project when one will really dig in since one can earn BTC and other tokens upon staking BFG. They gotta maintain thier popularity coz if the discussions about this died down, they may also lose the battle.
They were doing a signature campaign weeks ago, they might need more on social media as well. That free spin that only makes people win the FUNfury, is not helping.
But speaking of BFG, I think it's major strength right now is the ability to stake it which the team made available for investors, if there was no ability to stake the token for reward, trust me, the price would have gone far Lower than it currently is.
December 28, 2022, 01:07:47 PM
If one plans to earn money through staking rewards then this will not work for him but if one wants to invest in a token for a long time as it is potential . So if he does not hold freely those tokens and keeps them in staking, he will get some additional tokens from there which will give some support to his investment. This is the potential benefit of staking
Before saying this token is worth it to hold for long time, you need to check the price history first [1] as you can see after one year, did this token price is increase in the long run? nope. It keep decrease similar like fiat where inflation always happen in every year. To be honest it looks like Betfury is slowly become inactive and doesn't have many improvement, unlike the beginning where they're active and many people are supporting this project.
[1] https://www.coingecko.com/en/coins/bfg-token
I do not think this is the right way to judge a token. In the last year, name me any token or coin that is able to sustain its price during this year's bear market.
All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
Any investor finding BFG to be really good and believe the price will increase significantly in the future, now is the time to buy, don't wait until binance and some other major exchanges listing...
Get greedy when others are fearful and be fearful when the majority are greedy.
It's surprising that BFG holds its ground still being one of the popular casino tokens after all the turmoil going on in crypto. There are lots of believers in this project when one will really dig in since one can earn BTC and other tokens upon staking BFG. They gotta maintain thier popularity coz if the discussions about this died down, they may also lose the battle.
They were doing a signature campaign weeks ago, they might need more on social media as well. That free spin that only makes people win the FUNfury, is not helping.
legendary
Activity: 2506
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
December 28, 2022, 12:53:25 PM
If one plans to earn money through staking rewards then this will not work for him but if one wants to invest in a token for a long time as it is potential . So if he does not hold freely those tokens and keeps them in staking, he will get some additional tokens from there which will give some support to his investment. This is the potential benefit of staking
Before saying this token is worth it to hold for long time, you need to check the price history first [1] as you can see after one year, did this token price is increase in the long run? nope. It keep decrease similar like fiat where inflation always happen in every year. To be honest it looks like Betfury is slowly become inactive and doesn't have many improvement, unlike the beginning where they're active and many people are supporting this project.
[1] https://www.coingecko.com/en/coins/bfg-token
I do not think this is the right way to judge a token. In the last year, name me any token or coin that is able to sustain its price during this year's bear market.
All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
Any investor finding BFG to be really good and believe the price will increase significantly in the future, now is the time to buy, don't wait until binance and some other major exchanges listing...
Get greedy when others are fearful and be fearful when the majority are greedy.
December 28, 2022, 12:29:23 PM
If one plans to earn money through staking rewards then this will not work for him but if one wants to invest in a token for a long time as it is potential . So if he does not hold freely those tokens and keeps them in staking, he will get some additional tokens from there which will give some support to his investment. This is the potential benefit of staking
Before saying this token is worth it to hold for long time, you need to check the price history first [1] as you can see after one year, did this token price is increase in the long run? nope. It keep decrease similar like fiat where inflation always happen in every year. To be honest it looks like Betfury is slowly become inactive and doesn't have many improvement, unlike the beginning where they're active and many people are supporting this project.
[1] https://www.coingecko.com/en/coins/bfg-token
I do not think this is the right way to judge a token. In the last year, name me any token or coin that is able to sustain its price during this year's bear market.
All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
December 28, 2022, 11:35:27 AM
Before making such statements, why not take a look on overall market situation. BFG token is not the only altcoin, which price did not change during long run. Anyway, try looking from different angle - you basically get this token for free while gambling. Do you know a lot other casinos that reward you with tokeks for gambling, tokens that give you daily rewards. Yeah, I know that rewards are low, but something is always better than nothing. Not really trying to change your opinion on BetFury, but compared to others, they keep on running daily challenged, while others go bankrupt. Maybe yes, BFG is not the best token for long term holding, but others dont even have such rewarding option.
Exactly, it is a little bit late maybe to start mining tokens but it is still profitable in my eyes in the long end thanks to the daily dividend you get. Betfury has also always delivered what they promised (check their roadmap) so I think the future is quite bright for Betfury. They keep doing big events (like the ongoing Christmas event) and the prizepot is getting bigger every year.
December 28, 2022, 11:30:53 AM
Staking reward is basically a form of interest. You have to deposit your money to get them. Which is also done by the banks of every country. But in this case they do not give much profit. They give a limited profit at the annual rate. Which will never recover the price of a token. But it may help him a little to recover some of his losses. So this small profit should not be underestimated
The golden age of staking is over, staking is currently not very profitable, it's just that if you are a typical investor who prefers to hold long-term coins, staking can add a little profit while waiting for the time to sell the coins we choose for staking, you have to be careful choosing coins for staking but BFG is quite safe because they have other businesses that can back up BFG coins
December 28, 2022, 11:20:16 AM
If one plans to earn money through staking rewards then this will not work for him but if one wants to invest in a token for a long time as it is potential . So if he does not hold freely those tokens and keeps them in staking, he will get some additional tokens from there which will give some support to his investment. This is the potential benefit of staking
Before saying this token is worth it to hold for long time, you need to check the price history first [1] as you can see after one year, did this token price is increase in the long run? nope. It keep decrease similar like fiat where inflation always happen in every year. To be honest it looks like Betfury is slowly become inactive and doesn't have many improvement, unlike the beginning where they're active and many people are supporting this project.
[1] https://www.coingecko.com/en/coins/bfg-token
I do not think this is the right way to judge a token. In the last year, name me any token or coin that is able to sustain its price during this year's bear market.
All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.
Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
December 28, 2022, 10:12:49 AM
If one plans to earn money through staking rewards then this will not work for him but if one wants to invest in a token for a long time as it is potential . So if he does not hold freely those tokens and keeps them in staking, he will get some additional tokens from there which will give some support to his investment. This is the potential benefit of staking
Before saying this token is worth it to hold for long time, you need to check the price history first [1] as you can see after one year, did this token price is increase in the long run? nope. It keep decrease similar like fiat where inflation always happen in every year. To be honest it looks like Betfury is slowly become inactive and doesn't have many improvement, unlike the beginning where they're active and many people are supporting this project.
[1] https://www.coingecko.com/en/coins/bfg-token
Before making such statements, why not take a look on overall market situation. BFG token is not the only altcoin, which price did not change during long run. Anyway, try looking from different angle - you basically get this token for free while gambling. Do you know a lot other casinos that reward you with tokeks for gambling, tokens that give you daily rewards. Yeah, I know that rewards are low, but something is always better than nothing. Not really trying to change your opinion on BetFury, but compared to others, they keep on running daily challenged, while others go bankrupt. Maybe yes, BFG is not the best token for long term holding, but others dont even have such rewarding option.
December 28, 2022, 09:55:20 AM
If one plans to earn money through staking rewards then this will not work for him but if one wants to invest in a token for a long time as it is potential . So if he does not hold freely those tokens and keeps them in staking, he will get some additional tokens from there which will give some support to his investment. This is the potential benefit of staking
Before saying this token is worth it to hold for long time, you need to check the price history first [1] as you can see after one year, did this token price is increase in the long run? nope. It keep decrease similar like fiat where inflation always happen in every year. To be honest it looks like Betfury is slowly become inactive and doesn't have many improvement, unlike the beginning where they're active and many people are supporting this project.
[1] https://www.coingecko.com/en/coins/bfg-token
December 28, 2022, 06:49:57 AM
Staking reward is basically a form of interest. You have to deposit your money to get them. Which is also done by the banks of every country. But in this case they do not give much profit. They give a limited profit at the annual rate. Which will never recover the price of a token. But it may help him a little to recover some of his losses. So this small profit should not be underestimated
The golden age of staking is over, staking is currently not very profitable, it's just that if you are a typical investor who prefers to hold long-term coins, staking can add a little profit while waiting for the time to sell the coins we choose for staking, you have to be careful choosing coins for staking but BFG is quite safe because they have other businesses that can back up BFG coins
December 28, 2022, 02:23:46 AM
Staking reward is basically a form of interest. You have to deposit your money to get them. Which is also done by the banks of every country. But in this case they do not give much profit. They give a limited profit at the annual rate. Which will never recover the price of a token. But it may help him a little to recover some of his losses. So this small profit should not be underestimated
The golden age of staking is over, staking is currently not very profitable, it's just that if you are a typical investor who prefers to hold long-term coins, staking can add a little profit while waiting for the time to sell the coins we choose for staking, you have to be careful choosing coins for staking but BFG is quite safe because they have other businesses that can back up BFG coins December 28, 2022, 12:33:33 AM
Not only BFG token but almost all tokens and coins have started to fall in bear market. which is a normal cycle. So now the BFG can't be the only one to blame. Because all cryptos are very deep right now. But since BFG is giving their staking offer. So it will be a consolation prize . Since BFG Tokens are free by gambling even if not purchased. Hence stalking rewards will serve as a good benefit for gamblers
I’m not blaming or single out the BFG token poor price performance. It just happened that this thread is for Betfury BFG tokens and the comment that I reply is about the APY of BFG so I focus my comment on the topic by not including other altcoins in the market like what you said. This is not a general altcoin discussion thread so let's focus on BFG.
Besides I didn't suggest to invest on lther tokens and only mention that it is better to not stake and don’t hold the token at current condition to avoid loss.
I would have to agree with the previous poster. Attempting to judge the price performance of the BFG token (or any crypto) during crypto winters is not a very smart way to Gauge the realistic future APY. You should instead be comparing how the price is doing on a more selective scale. For example, is the market cap corresponding to the drop in price the same way other similar tokens do?
If the only factor which is inducing a bear market of the token is the overall crypto bear market then that alone is not enough information to judge a token.
As I already explained above. My comment is not about judging the poor performance of BFG tokens but rather to emphasize that staking is not really gonna help much to recover losses from decreasing value of BFG tokens. The previous comment that I reply is about how he emphazis the staking is helpful but in reality it just make BFG holder to hold more and bear the price dip.
You can the previous discussion on this link https://bitcointalksearch.org/topic/m.61496419
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