Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 172. (Read 85203 times)

I wrote that staking rewards should be increased for all. And for newbies to make promo to attract their attention. Staking rewards will be the same for everyone after the end of the promo.

about the part of them looking like they've run out of ideas. this was already expected to happen, we are talking about a casino, even if they have an altcoin and some features that other casinos don't have they are still a casino that has to follow other casinos, they will not offer more things than other casinos for a long time time because it could reduce their profit, they will offer the same things other casinos are offering. I hope people aren't buying BFG thinking that every year the price will go up a lot because the casino every year will have a lot of customers, with so many casinos popping up every day, the competition is tougher every day, and people are more worried about being in the casinos that have the biggest bonus and the biggest benefits in the VIP accounts, and if BetFury.io doesn't have many customers, then the BFG could suffer a price drop not to mention that the BFG can also be affected if bitcoin drops too much.


Getting a lot of customers to use the casino will be the most complicated and difficult part every day because of the high competition that this online casino market is facing every day, every day new casinos are appearing and in my opinion this market is becoming saturated, and another thing is that BFG is not listed on many exchanges which means that it is not yet known what the real price will be, when an altcoin is listed on many exchanges we can see its real price

I always choose the slow withdrawal as I don't mind if it arrives in 2h or 24h. But since they introduced the BSC chain to withdraw BTC and ETH, I always use this. Fees are a lot lower and the transactions go a lot faster, so it is a win/win!

Not recommended for people who are in rush since for sure it will take 24 hours or more before you can receive the amount you transact and what worse is sometimes you feel stress and seek for accelerators which you believe to help your transaction to fasten up. Better to use always what network recommends since this is more the safest and fastest way for us to have smooth transaction on timely manner.

I experienced worst than that on when choosing the slow option on transaction speed. It can took more than 24hrs even if the network is not congested so I definitely don’t recommend that option even in the future because the confirmation for that fee is very slow than normal and you might be in stress if you really need that money while its still stuck on pending status.

BSC chain Bitcoin is less hassle compared to native chain if you are betting using Bitcoin because the normal fee on Bitcoin withdrawal is a bit high than normal fee on electrum wallet.

This is just one of the unpleasant properties of the blockchain - when it is difficult to understand how long it will take to confirm a transaction. 
Of course, you always want to save money by paying as little commission as possible, but waiting for "24 hours" is also unpleasant.  And it also happens that a small commission set manually will be taken from you at all, and the transaction will not be confirmed.  I remember once in my Ethereum blockchain on a smart contract a transaction with a commission of ~$55 did not go through. 
 It was very disgusting and insulting to lose this money. 

But I will not advise you to set the average or high level of payment for the transaction.  Here everyone decides for himself

Just a caution to every player not to withdraw BTC using the native chain for now. Even though I chose the slow option which deducts BTC0.000075 withdrawal fee, I still expected it to be done within the next two hours because I've seen blocks confirmed with fee as low as 2 sats/vbyte and not 23 hours. I later found out that they send by batch and that's probably the main reason why it took that long.

I know it says 'within 24 hours' for slow withdrawal but I still think it's poor service given the fact that the network isn't that congested.

Did anyone else had some luck in the Funfury competitions recently? I managed to get in the top 300 twice the last couple of weeks. Highest spot I was able to claim was nr 33. The reward is not so high, but it is always fun to win a prize (and you get your price in USDT + BFG tokens which is nice).

if this looks very clear , and also makes sense as you say , so you mean is it better to just focus on one side only ? like if only tokens are enough to focus there, here it is a little deviated because there will be people who like these 2 things playing and monitoring tokens

I do agree that it should be more than one person, but they had staff working for them long before the token started. Which means that they have people who could help them and yes, it is confusing to do marketing in crypto world because there are a million people dm'ing you about a potential of marketing chance, and 99% of them are fake, but the real ones will make you rich and big, that’s what matters, and if you can't find them then you could find consultants who could work for you and know the real ones already.

Betfury has the money for all of this, how do I know it? First of all the bankroll, secondly all the tokens they have sold so far that made them a lot of funding as well.

Betfury is already a stable casino and there token has a consistent market volume so there’s nothing big needed to improve since they already overcome the initial phased which involves a lot of development. They are now in the stage on selling there product in the public which is there casino and tokens. You are right that they need to focus on one goal and it should be the casino itself because the value of the token depends on the casino profitability and popularity. The more user use the casino means more token buyer will be converted.

It's better to focus on the main development of the gambling platform so that slowly from the impact of good development progress will increase the price increase of the Betfury token, I think the team has carried out a series of marketing strategies and offers various event prizes that are always shared on twitter. But after reviewing the stats for the BFG price still need progress to reach the high price and they can add more popular market exchanges to increase trading volume.

Trading volume could have ups and downs, that’s not the point and that wouldn't really matter, even during bull runs there are days with less trading volume then other days. What matters is the price and the liquidity, because if there is low liquidity and high price that means people trust it and there are whales buying it up.

I am not saying that’s the case here because it maybe or it may not be but I know for a fact that it will not be an easy ask to make people trust and like and buy this token. It's never easy to say "hey here is this token, buy it", because you need to give people a great reason to do that and not many projects do that well enough to convince people.

In my opinion, it's not about marketing, They must be focused on what they were developed. If they were gambling, just focused on that, so if a token, just focused on that. It's very difficult to develop both especially lack of human sources and capability, even more, if 1 person takes care of tokens and gambling together at 1 time, except if the gambling site is already popular and has many registered people, it should be can be done simultaneously if the token is also used for payment.

I agree with your opinion, if the token is continuously used only for marketing it will make the token price quite weak, so they should make an interesting idea for investors this will make the BFG token more stable

But what else can he do while the whole market is going through a lot of decision and uncertainty, you are right that they ran out of ideas, he has to make things more attractive, I think they can do a lot if they offer BFG with Airdrops and doing tasks, it is more attractive , or that they can make contests through social networks, mining here is not so attractive, players need more incentives to buy tokens and that cryptocurrency investors themselves are interested, mining is the best way out they have for now.

New unique features and utilities are a good thing for any project because it almost always has a positive effect on the price of the token. However, in the case of BFG, it seems that the Betfury team has run out of ideas about the further development of the BFG token. At least I can't explain in any other way their decision to stretch the BFG mining for 53 months.

Unfortunately you are right about most projects that do this. I am not saying that betfury is doing that with BFG, I wouldn't really know and I am not here to speculate about that token. But I guarantee you, I have worked with places that spent hundreds of bitcoins, literally tens of millions of dollars, just to be on Binance so that they could screw people over.

Well, they have so much of the token as owners that when they got listed, they just dumped it and that means since it was on binance there were buyers who were excited about a potential new coin getting listed, hence when they dump it, the price didn't tank too much like it would in another exchange.

Why increase the staking rewards for the new users only? If they want to increase the staking rewards, the priority should be given to those who already have BFG tokens and are staking them already. The staking rewards should be equal for everyone.

By the way, i am not too much depressed about the low trading volume, it will increase eventually.  The news only temporarily raises the trading volume, the more important thing is to sustain the volume.

I think it would be nice if Betfury raised the rewards for staking. Betfury can also create events with increased staking rewards for a short period of time for new users. For example 320% APR for two weeks.