Author

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 161. (Read 83707 times)

legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
~snip~
I don't prefer to trade on gambling tokens I think this can be use for only gambling because as you already see their price movements it's not profitable for traders. And if I say about  the listing on exchanger then as their present condition they are not capable for listing in any good exchangers like Binance, FTX. So I think these tokens should not for as general trading.
I also can't agree with you but yes there is risk to invest in alt-coin . But you also have to remember that not all coins can be compared to the gains Bitcoin, BNB or Ethereum. BNB has been launched since 2017, then reached this stage through their performance.  I think the gambling also  is promising site for future and also in the future it will be seen that their tokens were also be listed in a good exchangers. Moreover, many people are still trading it on others exchanges, the trade volume is not too high, but it should not underestimated at once.

Well one of the advantages of native tokens is that they can be easily used to play in the casino, another is that those who want to invest and decide to leave it in Hodl mode is also something else, staking is a practice that many like And well, that is up to each person, because each person decides what to do with their money, however, the fact that they can play with the native token to multiply it within the same casino seems to me to be something exceptional, something that I do not like and I do not I know why the casino has it is that in the game of slots they do not allow betting with BFG, but with fiat, that is something that at least locks me up from Betfury and I do not like it.
sr. member
Activity: 1092
Merit: 342
Hire Bitcointalk Camp. Manager @ r7promotions.com

If BFG just wants to break into the top 100 I don't think it's difficult they could use the back door by buying and selling their own tokens
Many tokens that use this method just want to appear active in the market , well the problem is BFG wants to grow naturally
This means  BFG must go through many processes to achieve it and there is no other choice  have to wait any longer.

I prefer that they don't do this method as organic growth is better but we just need to have a lot more patience before they will get listed on the bigger exchanges. They don't need to change their strategy all of a sudden just to do this.

That's right because anytime their token would die and no traders would dare to buy it if the price would dump for more harder due to fake growth shown for the action they did. That's why its good to take it slow while planning all things like creating utility and other things which can make their token useful to their platform since from this maybe they can accumulate real holders who's willing to wait for the huge opportunity to come with them on future.

When I was in a project many years ago that had to do with privacy coins, what they focused on developing the most was many uses of the coin and this makes many investors interested in the project and to buy, and it was a fact that They were buying, but at that time I was in a time similar to this, the price of bitcoin was not very high.

When bitcoin began to rise the price of that currency began to rise as well and they took advantage of this to get and develop more features and made it more interesting, after time this helped a lot because the currency rose a lot, the bad thing is that it didn't included in a good exchange.

After not having fulfilled the promises of not putting it on a famous exchange, it was when the decline of the project began, if they focus on developing more features for the BFG token and if they airdrop again as at that time, the events could improve.
legendary
Activity: 2338
Merit: 1124
~snip~
I don't prefer to trade on gambling tokens I think this can be use for only gambling because as you already see their price movements it's not profitable for traders. And if I say about  the listing on exchanger then as their present condition they are not capable for listing in any good exchangers like Binance, FTX. So I think these tokens should not for as general trading.
Not many people think like you and that is the issue. Most people think that if you could trade based on the price when we are talking about a project or anything like that, then it would be a smart idea but they do not realize that we are talking about something regarding a casino here.

So, if you own it that's great, if you do not want to own it then it is understandable and it's fine, but if you want to own it and then sell it right away daily, that is not the purpose of this token and you may not make a profit like that. I personally like the "buy and hold and enjoy the benefits" part, if you could do that then it would be great and understandable and that is totally fine.
hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
Not sure about that argument, it's been listed to exchange means that the team is targeting investors outside gambling, investors who are willing to hold and make passive profits, and that's how trading works more on making profits.

The point is that the gambling site token will grow only if the gambling site is popular and people are talking about it. Only then the site token will grow and people will be willing to hold. Also, gambling site needs to provide things like staking, etc so that there is passive income for the holders.
But still focusing on the growth of token should be of secondary importance for betfury, the first priority should be to gain popularity as a gambling site.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
~snip~
I don't prefer to trade on gambling tokens I think this can be use for only gambling because as you already see their price movements it's not profitable for traders. And if I say about  the listing on exchanger then as their present condition they are not capable for listing in any good exchangers like Binance, FTX. So I think these tokens should not for as general trading.
you are completely wrong . gambling token is like another utility token . It is also used for gambling as well as trading . A token has no value if it is not traded . So trading acts like the oxygen to keep each token alive . So the token that has more trade will have more impact on the price rise and fall of that token . And gambling tokens are not listed on good exchanges so they are less traded.  Due to which its price is not seen to increase much
That's the very reason on why those utility token / project has been created, making it available to exchange means giving opportunities for investors and traders to play with the market, though the intention is to engage more investors to support the development of the project but it's more on the trading part, it can grow from the help of those people who are willing to buy and hold the asset, while the developing team is still on the development.


So what is it for if not for trading? If not for trading, why is it listed on this exchange and other exchangers?
Having the ability to trade a token is part of what makes it valuable to me.


Not sure about that argument, it's been listed to exchange means that the team is targeting investors outside gambling, investors who are willing to hold and make passive profits, and that's how trading works more on making profits.
hero member
Activity: 2086
Merit: 575
First of all, just because it is on an exchange doesn't mean that you should "trade" it as in buy and sell to make a profit. It could be to buy or sell, but not trading. The difference is that, if you want to own it, like literally buy and hold it, you have to get it from "somewhere" and exchanges are good for that, thats the buying part. Then after holding it for a while, lets assume you wanted to lose and get out, then you could end up selling it so that you could get out, I mean you could literally want to stop gambling. This is the most important thing, just make sure that you could have a way to get it and get out.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
So I think these tokens should not for as general trading.

So what is it for if not for trading? If not for trading, why is it listed on this exchange and other exchangers?
Having the ability to trade a token is part of what makes it valuable to me.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
~snip~
I don't prefer to trade on gambling tokens I think this can be use for only gambling because as you already see their price movements it's not profitable for traders. And if I say about  the listing on exchanger then as their present condition they are not capable for listing in any good exchangers like Binance, FTX. So I think these tokens should not for as general trading.
you are completely wrong . gambling token is like another utility token . It is also used for gambling as well as trading . A token has no value if it is not traded . So trading acts like the oxygen to keep each token alive . So the token that has more trade will have more impact on the price rise and fall of that token . And gambling tokens are not listed on good exchanges so they are less traded.  Due to which its price is not seen to increase much
sr. member
Activity: 1274
Merit: 457
Vave.com - Crypto Casino
~snip~
I don't prefer to trade on gambling tokens I think this can be use for only gambling because as you already see their price movements it's not profitable for traders. And if I say about  the listing on exchanger then as their present condition they are not capable for listing in any good exchangers like Binance, FTX. So I think these tokens should not for as general trading.
sr. member
Activity: 2156
Merit: 254

It's true that not being listed on huge CEX is big factor for the price of the gambling tokens and the only gambling that I know that listed on Binance was FUN token which experienced mega pump the rime it was listed on Binance few years ago. Most of the new casino tokens still doesn't experienced this kind of pump since big CEX has a strict requirements on losting tokens that related on gambling which FUN token dodge since ot was listed on Binance before they updatethere requirements.

It is not because they have updated the requirements that it will be impossible to get listed there; it will take more work and effort for the team. All new tokens that get listed on Binance, always experience a massive pump (and also dump) when they get listed.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
It depends on the feature of the Casino tokens but it usually pump hard during initial listing of the tokens and just stabilize later on because casino is using it as a reward to all users that playing in the casino in exchange for there bets. The price is just stabilize because someone is buying either the casino buy back or other trader while players in the casino that gets the token as rewards keeps selling. Usually this kind of token shows an insane amount of growth after the token supply allocated for mining it is already empty which means there’s no new tokens generating to add in the circulating supply.

It’s not true that Casino token price don’t pump high because they are pumping on early stage if you will check the price chart using long time frame. Only those casino failed token didn’t pump much since the beginning due to lack of demand.
You could find many reasons why it could be given away or anything, but there are very little places where it would make sense to buy it. I always said that have a 0% house edge with token type of deal, where the people could earn it a lot and in that case if they earn a lot because they do not lose and the house edge is 0%, then they would have it all, and could use it for rewards and what not to get, if not then they will lose it.

Give people a reason to buy the casino token, otherwise it would be just rewards and that would not be really a good reason to exist, it doesn't make sense. BFG has a "bit" of good reason to buy, but not enough at all for sure.
hero member
Activity: 1260
Merit: 607
Leading Crypto Sports Betting & Casino Platform
~snip~
It's true that the gambling based tokens usually didn't give high pump . Because those tokens are only used by gamblers and So they try to keep them in a stable flow . Even then some tokens are seen to pump when they are listed on good exchanges. And if you see currently most of gambling website make their own token for giving gamblers extra facilities. And as your state it's one more cause those token is not pumping because of the bearish market .
Many gamblers use platform token for gamble but also many people trade gambling platform token on exchanger as another cryptocurrency trading . but in my own experience i know Gambling platform tokens are not listed on good exchanges like Binance, FTX, Coinbase.  So the tokens are not likely to be traded by potential big traders. So gambling tokens are not seen to be more pumped.

It's true that not being listed on huge CEX is big factor for the price of the gambling tokens and the only gambling that I know that listed on Binance was FUN token which experienced mega pump the rime it was listed on Binance few years ago. Most of the new casino tokens still doesn't experienced this kind of pump since big CEX has a strict requirements on losting tokens that related on gambling which FUN token dodge since ot was listed on Binance before they updatethere requirements.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
~snip~
It's true that the gambling based tokens usually didn't give high pump . Because those tokens are only used by gamblers and So they try to keep them in a stable flow . Even then some tokens are seen to pump when they are listed on good exchanges. And if you see currently most of gambling website make their own token for giving gamblers extra facilities. And as your state it's one more cause those token is not pumping because of the bearish market .
Many gamblers use platform token for gamble but also many people trade gambling platform token on exchanger as another cryptocurrency trading . but in my own experience i know Gambling platform tokens are not listed on good exchanges like Binance, FTX, Coinbase.  So the tokens are not likely to be traded by potential big traders. So gambling tokens are not seen to be more pumped.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
~snip~
It's true that the gambling based tokens usually didn't give high pump . Because those tokens are only used by gamblers and So they try to keep them in a stable flow . Even then some tokens are seen to pump when they are listed on good exchanges. And if you see currently most of gambling website make their own token for giving gamblers extra facilities. And as your state it's one more cause those token is not pumping because of the bearish market .

It depends on the feature of the Casino tokens but it usually pump hard during initial listing of the tokens and just stabilize later on because casino is using it as a reward to all users that playing in the casino in exchange for there bets. The price is just stabilize because someone is buying either the casino buy back or other trader while players in the casino that gets the token as rewards keeps selling. Usually this kind of token shows an insane amount of growth after the token supply allocated for mining it is already empty which means there’s no new tokens generating to add in the circulating supply.

It’s not true that Casino token price don’t pump high because they are pumping on early stage if you will check the price chart using long time frame. Only those casino failed token didn’t pump much since the beginning due to lack of demand.
sr. member
Activity: 1414
Merit: 361
Vave.com - Crypto Casino

if the BFG token is used properly it will certainly be able to rise to the top but I'm not so sure about gambling players they don't pay much attention to the price they only focus on the benefits of the BFG token

I think a lot of players hold the BFG token for the nice daily interest they get but personally, I also do keep an eye on the price. If BFG gets listed on some major exchanges and if we would see a massive pump, I will probably sell some BFG (it is never a bad idea to take some profit).
I am a BFG coin holder myself. I left my BFG coins staking. I am getting a little profit from there every day.But if there is a big pump in this BFG coin in the future, I will definitely sell all my BFG coins.However, after visiting all their platforms, I saw that they could have a big pumping. But I look forward to that day coming soon.
Hold onto your BFG token.  The price of BFG tokens will increase.  That will have to wait.  I have some tokens that I am trying to hold.  I put this token that I thought would be good.  I thought about buying some more BFG tokens.  I think the price of this token will rise in a very short time.  That will have to wait.  I will soon buy some more tokens and hold them.  I will sell these tokens when the price increases.
sr. member
Activity: 1274
Merit: 457
Vave.com - Crypto Casino
~snip~
It's true that the gambling based tokens usually didn't give high pump . Because those tokens are only used by gamblers and So they try to keep them in a stable flow . Even then some tokens are seen to pump when they are listed on good exchanges. And if you see currently most of gambling website make their own token for giving gamblers extra facilities. And as your state it's one more cause those token is not pumping because of the bearish market .
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
I am a BFG coin holder myself. I left my BFG coins staking. I am getting a little profit from there every day.But if there is a big pump in this BFG coin in the future, I will definitely sell all my BFG coins.However, after visiting all their platforms, I saw that they could have a big pumping. But I look forward to that day coming soon.
As far as I know gaming tokens normally don't give high pump. They move in a small range. Currently, several gambling tokens have come into this market. According to me two of them have top positions. One is BFG and the other is Owl. BFG is the oldest project among these two. However, I believe this coin will definitely rise to a better position after a period of time and you may get comparatively good return by your holding.
It's true I haven't seen casino tokens pumped high, I don't know what makes tokens like this not pumped, I just thought maybe groups that used to pump and dump had a hard time doing it because casino tokens have loyal holders who have held them since the beginning of this project and so that when there will be an increase, the initial holders will benefit the most, not the group from the one doing the pump.
It makes sense that BFG tokens have loyal holders because even though they haven't benefited from the price increase they are benefiting from staking interest
hero member
Activity: 2282
Merit: 589
Long story short, have an organic growth, BFG needs that, and as long as they do, then it will work out for the best, if they have something good organically then it is great, if they don't then give up binance dreams.
I support gambling project growing with organic interaction because holders will increase and trading volume will increase every day and potential to list on top exchanges, some holders hope team can list BFG tokens on top exchanges for long term trading because during this time dex volume exchange dominates the highest volume while Cex trading is still low in volume because it has not been listed on the top exchange. The negative fact is that some argue that the dominance of high volume on the Dex exchange can invalidate trading liquidity and could drop the selling price of tokens from the addresses that have the most tokens.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
I am a BFG coin holder myself. I left my BFG coins staking. I am getting a little profit from there every day.But if there is a big pump in this BFG coin in the future, I will definitely sell all my BFG coins.However, after visiting all their platforms, I saw that they could have a big pumping. But I look forward to that day coming soon.
As far as I know gaming tokens normally don't give high pump. They move in a small range. Currently, several gambling tokens have come into this market. According to me two of them have top positions. One is BFG and the other is Owl. BFG is the oldest project among these two. However, I believe this coin will definitely rise to a better position after a period of time and you may get comparatively good return by your holding.
sr. member
Activity: 994
Merit: 441

if the BFG token is used properly it will certainly be able to rise to the top but I'm not so sure about gambling players they don't pay much attention to the price they only focus on the benefits of the BFG token

I think a lot of players hold the BFG token for the nice daily interest they get but personally, I also do keep an eye on the price. If BFG gets listed on some major exchanges and if we would see a massive pump, I will probably sell some BFG (it is never a bad idea to take some profit).
I am a BFG coin holder myself. I left my BFG coins staking. I am getting a little profit from there every day.But if there is a big pump in this BFG coin in the future, I will definitely sell all my BFG coins.However, after visiting all their platforms, I saw that they could have a big pumping. But I look forward to that day coming soon.
Jump to: