Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 164. (Read 90089 times)

Im from Germany and Betfury site is also telling me since few weeks that access is denied for my region (mirror sites too). I can login with vpn (interestingly with french ip adress). So I dont trust this thing anymore and withdrew all my funds.
Does someone know an easy way to delete a Betfury account? I looked around but didnt find a delete account option. I think a good site should have one.

Betfury has only 3 official mirror sites with easily remembered domains such as .ai, .gg, and .so. However, if a user has doubts and wants to avoid phishing, it's better to add an official page with these mirror sites in the bookmarks of the browser. As for using a VPN to access the site, Betfury doesn't prohibit it, and I don't remember a case when a user of this platform has had any unpleasant incidents because of the VPN.

You can't compare staking system with other tokens or coins either. BFG staking isn't about securing the chain or anything like that, and dividends aren't paid in BFG but other various altcoins.

It's quite unique model. I personally don't understand why people are buyng it now, you can't calculate how much you are making even month from now even though there's a calculator for that. But one thing is sure. At this rate you are not going to make back your investment like ever. Only way to do that is by selling your tokens if token price suddenly rises, not dividends.

In general, in the tokenomics of tokens such as BFG, there is no such sharp decline in staking revenues. 
The decrease in staking income for any token is usually quite smooth and there are no such sudden changes.  Of course, if we talk about the tokens themselves, without taking into account changes in its exchange rate against the dollar.  Of course, such a picture is possible when the price of the token itself falls sharply.  But such a sharp drop in the price of BFG in recent years, it seems, has not been.  The exchange rate fluctuations were quite within acceptable limits.  And now the token is recovering a bit in price. 
So it’s not entirely clear why you write and reduce the income from staking by 6-7 times at once.

lots of christmas and new year promos almost all casinos but i see it's different at betfury let's see what's interesting in this casino i think being part of this promotion looks like it's going to sound interesting and i'm a new user here already signed up a while ago, now i back accessing my account again i hope good luck on betfury 

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No one knows. Realistically speaking, if the use cases are so limited, dividends aren't always sustainable in the long run.

Thank you for all your smart answers.

About decreasing dividend system, until which thresold? at the top of staking I received 30 $ per day! today 4.5.

Thanks

Just make sure you are using the real mirror link for the website since many scammer is faking there website to phish your account credentials. You have the right decision to use mirror link instead for VPN to avoid possible trouble in the future soon since many incidents before that involves VPN.

Does France permaban Betfury or it just happened last Thursday because this might be an issue by your ISP.

Thank you. I used a mirror site and it works. I don't use VPN. I live in France. The original site is still in access denied for Thursday.

Well BFG tokens have nothing to do with BTC or most altcoins out there. It has totally different tokenomics and slowly decreasing dividend system.
BFG wouldn't have any meaning without centralized betfury. You can't really compare buying and selling activity with btc or altcoins when fundamentals with bfg are so very different.

Who are selling is a wrong question. Right question is who is buying.

That is because the lower point is now, so the point of where it is 10k or 5k for bitcoin is now, then we are going to see the 68k of bitcoin, and also the higher price of BFG as well. People might be selling right now, that is understandable because market sometimes goes into panic mode and panic sell and that's understandable, look at bitcoin and how it dropped from 68k to 20k and then people still sold a lot to make it go down under 17k as well.

This means BFG is at the bottom and people who buy now hoping to make a huge profit when the time comes. This is all a situation where some people get ready for the bull run, and hope it goes up a lot during the bull run.

Also don't forget that the BFG tokens are not so long in existence so it is not really fair to combine than both. Bitcoin was founded in 2009 so it has seen a lot more highs and lows than BFG. The other part is explained perfectly by dimonstration!

You should take note that BFG token supply has higher emission rate compared to Bitcoin due to the difference of mining difficulties for both tokens. BFG tokens flooded the circulating supply faster since they still have a lot of tokens that can be unlock which is why the price keeps dropping despite the price is at the lowest level since BFG is a reward tokens and token holders will surely liquidate it on other valuable tokens since they only get it from rewards. Only few is interested to purchased a token since they know that many user get it for free by just playing in the casino.

BFG token price will stay low until the emission rate will decrease and token burn is increase so that the circulating supply will not flood the market that create sell pressure.

Thank you for your answers. But unlike one of the examples, people sold their BTC at maybe 20000 cause they bought it at 10000 or 5000. For the BFG nobody doesn't get BFG at a lower price than now cause we are at the lowest (or so) price ever.

I also wouldn't consider everything to be bad because I see that in the last few weeks something positive has happened, I'm talking about new exchanges being added, I don't know if I'm exaggerating but I see it here:

https://coinmarketcap.com/currencies/betfury/markets/

I see that there are more exchanges that have been added compared to the last time I saw it, this is something positive but the casino needs to run against time and place more exchanges, as they have many exchanges they give the possibility of people who want to buy this altcoin but don't want to if you risk creating an account on shady exchanges, buy it, but we also have to see why someone will want to buy this altcoin? what is special about this casino that would make this altcoin go up a lot, are questions that big buyers will ask before buying


but there is a dangerous point in this that many people always ignore, for example: most of the time when the bitcoin price goes up, the price of altcoins only goes up in relation to USD because the price of bitcoin has gone up, but it drops a lot in relation to bitcoin. but since people bought at 10$ for example and the price of bitcoin goes up a lot, then the price of the altcoin stays at 15$ for example, people already celebrate, but they didn't pay attention to what was the price of the altcoin in relation to bitcoin, if anyone want to have a lot of bitcoins by trading the pair BTC - ALTs, that person will only suffer losses

Bitcoin reached under 17k for the first time since 2020, and there were still some people who sold, why did those people sell? BNB reached as low as 230, and people still sold, who were those people who sold?

These are the same questions and whatever the answer was for those questions, this is the same answer. Some people sell their coins when they see it going down, they sell even more when they see it going down and hold it when they see it going up. I personally believe that people should be buying instead of selling during these periods of course but as you might know some people have weaker hands and they just sell as soon as they see it lower than before.

Apparently they can't access to it after it's delisted either. Just one more reason not to even bother listing it. We have enough liquidity for decent amount of trades in biswap. If a whale wants to dump it in there we would just get the token cheaper.

And if this listing would make BFG price pumped higher for some reason in the markets, i couldn't think one reason of not selling now. Because it's not like we have any better fundamentals then. Imho the token is too valuable right now for me even considering buying it. Not until Betfury breaks their silence about the future of BFG and their plans to buy it from the markets and burning it.

This is what I’m talking about when I said that Binance is charging fee on projects to be listed. The only exemption to this was if the project is in demand like what @fivestar mentioned and explained on the above post. There’s a lot of project that aiming to meet Binance standards to list for free and most of them already took too many years and counting to meet those requirements since they can’t afford to pay.

@O48O This is what I’m saying since Betfury pointed out before that Binance listing is totally free while in reality there’s a different type of listing that can be paid. The 200K BNB is not a direct listing fee but it serves same as that since the team needs to hold huge amount of BNB that they can’t access while there coin is listed.

You can find your answer when you browse the tokenomics of BFG tokens. They do token sales and those early investors same as the team was liquidating there tokens in exchange for fiat. Team is using BFG tokens for marketing through airdrop and giveaways with there partner. There’s a lot of potential people that will sell BFG tokens which makes the price dumps hard.

Betfury casino profit right now is still not enough to balance the price of BFG tokens since sell pressure is still higher than buy pressure. Only few wants to buy BFG right due to the fact that many Betfury players earns it as rakeback and dumps it immediately on exchange.