🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 172.

FanEagle

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Quote from: Webetcoins on July 14, 2022, 10:15:20 AM

I think the "diversification" is an important part for most people's portfolio. Plus, it drops the risk if one of them goes down. If you get just one coin, and that coin goes down for a reason, that's bad, but if you get paid in multiple coins, and one of them goes down, the others are still up. Imagine if this place had Luna, then it would drop a lot, but all others would stay, would you rather get it all on Luna? That would be bad. This is the logic behind these people.

I still say BTC is the best, just get it with that, but I also understand why it's multiple ones. I feel like it is going to be decent this way and it has worked so far, and should probably keep on working for a while longer, at least until bull run.

What we have to keep in mind when we have any strategy, if it's DCA or diversification or anything else is the fact that we need to do it the smart way. Doesn't matter what the strategy is, there are some bad ones for sure, but even the best ever one would be a bad one if you are not careful about it.

This is why it's quite important to make sure that you are doing the right thing. This doesn't change the fact that BFG is a good one and the results are still different coins gotten from the dividends, but you get to decide the afterwards. For example, if you decide to sell all of them and get BFG, that wouldn't be a bad idea at all, or if you decide to keep it, keep it long enough to see prices go up and it's bull time, don't sell right now.

dwyane36

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Quote from: Webetcoins on July 14, 2022, 10:15:20 AM

I think the "diversification" is an important part for most people's portfolio. Plus, it drops the risk if one of them goes down. If you get just one coin, and that coin goes down for a reason, that's bad, but if you get paid in multiple coins, and one of them goes down, the others are still up. Imagine if this place had Luna, then it would drop a lot, but all others would stay, would you rather get it all on Luna? That would be bad. This is the logic behind these people.

I still say BTC is the best, just get it with that, but I also understand why it's multiple ones. I feel like it is going to be decent this way and it has worked so far, and should probably keep on working for a while longer, at least until bull run.

I don't think it works during a bear market. I mean, only stablecoins can be used for risk diversification at the moment, while most other alternative cryptocurrencies just follow bitcoin quotes. At such moments, it would be great if the Betfury team added a feature that allows converting altcoins from daily dividends to BTC and USDT directly inside the platform.

Webetcoins

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Quote from: ?? on ??

Quote from: coinerer on July 11, 2022, 11:12:55 PM

if someone stake BFG token on betfury platform. then they will also get multiple coin as staking bonus. and also they will get profit if token price get pumped. so , i think investment on BFG token on this bear market is good decision

If this only your basis for investment then it’s really not a good idea because you should remember that even they distribute different tokens too as reward, All tokens is affected by bear market which means you are still getting less rewards because those reward balance is decreasing. There’s no safe crypto investment during bear season even if you are staking since the APY is too low to cover losses.

But it’s good to stake right now if your purposed to accumulate more and sell in the future.

I think the "diversification" is an important part for most people's portfolio. Plus, it drops the risk if one of them goes down. If you get just one coin, and that coin goes down for a reason, that's bad, but if you get paid in multiple coins, and one of them goes down, the others are still up. Imagine if this place had Luna, then it would drop a lot, but all others would stay, would you rather get it all on Luna? That would be bad. This is the logic behind these people.

I still say BTC is the best, just get it with that, but I also understand why it's multiple ones. I feel like it is going to be decent this way and it has worked so far, and should probably keep on working for a while longer, at least until bull run.

carlisle1

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Quote from: babygun on July 13, 2022, 03:52:16 PM

Quote from: cryptoperkele on July 13, 2022, 02:05:43 PM

I am not sure why it would go up, it has slowly gone down with a few pumps and so has the staking profits in the casino. I wouldn't count anything long time frame profit related stuff with current numbers

Why would it not go up? They are near the end of the total amount that can be mined, so no more tokens will be created. After the monthly burnings, you always see a positive effect in your daily dividends and I am sure that the team has a plan in place to make sure the token holds it value after everything has been mined.

After that and if the cycle remains like this, if not a quick rise, there're changes each time the coins are being burned.

That's logically appropriate if the team and the support community are intact, but probably expect those riders to take advantage

as time passes, there are holders that will sell when the target value is being reached. We can't conclude how things might be in the

future but looking from the current condition of BetFury, the business is still moving and the chance of getting passive profits till good.

babygun

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Quote from: cryptoperkele on July 13, 2022, 02:05:43 PM

I am not sure why it would go up, it has slowly gone down with a few pumps and so has the staking profits in the casino. I wouldn't count anything long time frame profit related stuff with current numbers

Why would it not go up? They are near the end of the total amount that can be mined, so no more tokens will be created. After the monthly burnings, you always see a positive effect in your daily dividends and I am sure that the team has a plan in place to make sure the token holds it value after everything has been mined.

cryptoperkele

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Quote from: Get-Paid.com on July 12, 2022, 07:55:47 PM

So you make $2,000/month, assuming the BFG token doesn't go down in value but remains the same or go up.

I am not sure why it would go up, it has slowly gone down with a few pumps and so has the staking profits in the casino. I wouldn't count anything long time frame profit related stuff with current numbers

Fredomago

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Quote from: LUCKMCFLY on July 12, 2022, 01:30:58 PM

Yes, and it's a shame, seeing all the cases that exist regarding the VPN problem, sometimes for people who want to be more anonymous, the problem is different from those who want to play from their country and cannot, in part I think the direction of gambling and casinos in general will be to ensure that players feel more comfortable and will have to find ways to have some kind of acceptance by those who are from prohibited countries, and those who want to be more anonymous, Looking at it from a more external point of view, each of these players have their own reasons for using them and that is respected, the issue of KYC also comes in, which complicates everything more.

That certain points are mostly the concern especially for gamblers who wanted to stay hidden, those who dn't want to reveal themselves and keep aiming for discreet participations, though in some points there are ways and VPN gives those kinds of people hope but like what you just said, there are cases that VPN once detected and the origin of the person is under prohibited places the account will be frozen and nothing a gambler can deal to recover.

Those are part of terms and condition which being void by a gambler who takes the risk and continues using VPN.

They will be forced to find other platform who can allow them to continue playing without any restrictions.

delfastTions

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Quote from: Get-Paid.com on July 12, 2022, 07:55:47 PM

Quote from: dwyane36 on July 12, 2022, 06:25:57 PM

I agree that investing during bear markets is not a good idea. However, it's worth noting that the BFG token has been trading in a rather narrow range for 2 months, and BFG reacts insignificantly to sharp fluctuations in the price of bitcoin. In other words, although there are losses from investing in the BFG token, but these losses are relatively small because there is almost no volatility compared to other altcoins.

But then, even if hypothetically you have deep pockets and you invest $50k in BFG - you have to deposit the BFG into BetFury's account, as "Farming" is no longer an option available there.

So you make $2,000/month, assuming the BFG token doesn't go down in value but remains the same or go up.

Then after a year or two - how can you assure when you would want to withdraw your initial investment ($50k) - this won't be blocked for some shady reason or so?

Same question applies to Owl.games - their tokens are quite stable - but who's there to support you if things go wrong?

I think that such large deposits really pose a danger in terms of the safety of this money and, by the way, are quite dangerous in the procedure for withdrawing funds to your account.
And here there may be problems not even from the side of devs, but rather due to compliance with the requirements of the regulatory authorities of the countries in which the casino is registered. And not fulfilling such requirements is too risky for the normal operation of the casino. It is obvious that devs in this case is a hostage of power. And they are obliged to do what they are ordered by officials or what is provided for by the current legislation.

And those who transfer such money should be potentially ready for any development of events. It is clear that this is a big risk.

Get-Paid.com

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Quote from: dwyane36 on July 12, 2022, 06:25:57 PM

I agree that investing during bear markets is not a good idea. However, it's worth noting that the BFG token has been trading in a rather narrow range for 2 months, and BFG reacts insignificantly to sharp fluctuations in the price of bitcoin. In other words, although there are losses from investing in the BFG token, but these losses are relatively small because there is almost no volatility compared to other altcoins.

But then, even if hypothetically you have deep pockets and you invest $50k in BFG - you have to deposit the BFG into BetFury's account, as "Farming" is no longer an option available there.

So you make $2,000/month, assuming the BFG token doesn't go down in value but remains the same or go up.

Then after a year or two - how can you assure when you would want to withdraw your initial investment ($50k) - this won't be blocked for some shady reason or so?

Same question applies to Owl.games - their tokens are quite stable - but who's there to support you if things go wrong?

dwyane36

legendary

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Quote from: ?? on ??

If this only your basis for investment then it’s really not a good idea because you should remember that even they distribute different tokens too as reward, All tokens is affected by bear market which means you are still getting less rewards because those reward balance is decreasing. There’s no safe crypto investment during bear season even if you are staking since the APY is too low to cover losses.

But it’s good to stake right now if your purposed to accumulate more and sell in the future.

I agree that investing during bear markets is not a good idea. However, it's worth noting that the BFG token has been trading in a rather narrow range for 2 months, and BFG reacts insignificantly to sharp fluctuations in the price of bitcoin. In other words, although there are losses from investing in the BFG token, but these losses are relatively small because there is almost no volatility compared to other altcoins.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Quote from: LUCKMCFLY on June 29, 2022, 09:00:57 PM

There are several threads here in gambling that are addressing what VPNs are and how to enter a casino that accepts the use of this or not, however apart from the fact that this already represents a problem there are casinos that do accept VPNs, but as I have said in those gambling threads, there will come a time when there will be no prohibition of countries, therefore, the use of VPN will no longer be such a priority for some inhabitants of prohibited countries, because finally the world must accept that the BTC market and crypto is very profitable and that money is managed, you cannot prohibit people from making money or having fun, for me the biggest problem will be that people will want to have more privacy and anonymity. This is where it comes into direct conflict with KYC, which for me, those casinos that do not require KYC will be highly sought after.

The use of VPN and the rules of the casino regarding VPN is one of the most misunderstood topic in gambling community. Even if read the ToS with the use of VPN, Casino is just prohibiting the use of it because of the potential violation of geo location law of the particular country but the VPN itself is not bad since it’s just hide the IP of the user if he is just using it to change his IP for privacy purposes.

Yes people are free to do what they want to there money and sometimes this is the main reason why they are still registering in online casino despite there country prohibits it.

Yes, and it's a shame, seeing all the cases that exist regarding the VPN problem, sometimes for people who want to be more anonymous, the problem is different from those who want to play from their country and cannot, in part I think the direction of gambling and casinos in general will be to ensure that players feel more comfortable and will have to find ways to have some kind of acceptance by those who are from prohibited countries, and those who want to be more anonymous, Looking at it from a more external point of view, each of these players have their own reasons for using them and that is respected, the issue of KYC also comes in, which complicates everything more.

coinerer

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Quote from: rojan on July 11, 2022, 08:30:54 PM

Quote from: danadc on July 11, 2022, 02:01:39 PM

Quote from: FanEagle on July 11, 2022, 07:49:45 AM

Quote from: fullhdpixel on July 10, 2022, 05:48:00 AM

This works for all, hell this is the whole idea of eth 2.0 where people assume instead of selling mined ETH to pay the electricity bill, people would instead hold ETH and stake it (and even buy more to stake more). This is why I doubt it is a shocking result, it is quite expected result for BFG to go up if all hold it. They just need to give people a reason to hold it, the dividends and staking are all great reasons, and I believe it should be even bigger without hurting inflation, like maybe turn all the lost other coins into BFG, a buyback of sorts. I don't know if that would be liked, but if anyone loses any other coin, just sell those for BFG, and give dividends in pure BFG, how about that?

I agree with this a lot. If betfury managed to turn their dividends into pure BFG and use that earnings to buy BFG instead of selling, then I would definitely agree that it would make the price go up. People may think that there would be a lot more to sell in that case, but the fact that there are more to buy at the same time as well.

This is how it looks, I mean think about it, not everyone would sell it, but it would all be bought by the team. That's not a bad idea at all, this is going to be something amazing and I believe that it would work amazingly. It would not only increase the amount of BFG price, but also the amount of holders at the same time as well.

That means that it is best to take advantage and buy that the BFG are at a good price, if the bitcoin rises possible, the BFG will also do it, for those who have benefits with the token they have it in "staking" mode? Within the casino there are benefits that are obtained to have, I have few bfg in Biswap, but I have to wait for a long time to have more coins. You always have to assume risks, it is obvious that at this time Bitcoin can take any price, I just hope it can be bullish.

If you have a BFG token, you can keep the token as staking. The price of BFG tokens will go up a lot. If the price of Bitcoin goes up, then the price of BFG token will go up a lot. But now the price of Bitcoin is much lower. That is why this state of the market.

if someone stake BFG token on betfury platform. then they will also get multiple coin as staking bonus. and also they will get profit if token price get pumped. so , i think investment on BFG token on this bear market is good decision

rojan

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Quote from: danadc on July 11, 2022, 02:01:39 PM

Quote from: FanEagle on July 11, 2022, 07:49:45 AM

Quote from: fullhdpixel on July 10, 2022, 05:48:00 AM

This works for all, hell this is the whole idea of eth 2.0 where people assume instead of selling mined ETH to pay the electricity bill, people would instead hold ETH and stake it (and even buy more to stake more). This is why I doubt it is a shocking result, it is quite expected result for BFG to go up if all hold it. They just need to give people a reason to hold it, the dividends and staking are all great reasons, and I believe it should be even bigger without hurting inflation, like maybe turn all the lost other coins into BFG, a buyback of sorts. I don't know if that would be liked, but if anyone loses any other coin, just sell those for BFG, and give dividends in pure BFG, how about that?

I agree with this a lot. If betfury managed to turn their dividends into pure BFG and use that earnings to buy BFG instead of selling, then I would definitely agree that it would make the price go up. People may think that there would be a lot more to sell in that case, but the fact that there are more to buy at the same time as well.

This is how it looks, I mean think about it, not everyone would sell it, but it would all be bought by the team. That's not a bad idea at all, this is going to be something amazing and I believe that it would work amazingly. It would not only increase the amount of BFG price, but also the amount of holders at the same time as well.

That means that it is best to take advantage and buy that the BFG are at a good price, if the bitcoin rises possible, the BFG will also do it, for those who have benefits with the token they have it in "staking" mode? Within the casino there are benefits that are obtained to have, I have few bfg in Biswap, but I have to wait for a long time to have more coins. You always have to assume risks, it is obvious that at this time Bitcoin can take any price, I just hope it can be bullish.

If you have a BFG token, you can keep the token as staking. The price of BFG tokens will go up a lot. If the price of Bitcoin goes up, then the price of BFG token will go up a lot. But now the price of Bitcoin is much lower. That is why this state of the market.

danadc

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Quote from: FanEagle on July 11, 2022, 07:49:45 AM

Quote from: fullhdpixel on July 10, 2022, 05:48:00 AM

This works for all, hell this is the whole idea of eth 2.0 where people assume instead of selling mined ETH to pay the electricity bill, people would instead hold ETH and stake it (and even buy more to stake more). This is why I doubt it is a shocking result, it is quite expected result for BFG to go up if all hold it. They just need to give people a reason to hold it, the dividends and staking are all great reasons, and I believe it should be even bigger without hurting inflation, like maybe turn all the lost other coins into BFG, a buyback of sorts. I don't know if that would be liked, but if anyone loses any other coin, just sell those for BFG, and give dividends in pure BFG, how about that?

I agree with this a lot. If betfury managed to turn their dividends into pure BFG and use that earnings to buy BFG instead of selling, then I would definitely agree that it would make the price go up. People may think that there would be a lot more to sell in that case, but the fact that there are more to buy at the same time as well.

This is how it looks, I mean think about it, not everyone would sell it, but it would all be bought by the team. That's not a bad idea at all, this is going to be something amazing and I believe that it would work amazingly. It would not only increase the amount of BFG price, but also the amount of holders at the same time as well.

That means that it is best to take advantage and buy that the BFG are at a good price, if the bitcoin rises possible, the BFG will also do it, for those who have benefits with the token they have it in "staking" mode? Within the casino there are benefits that are obtained to have, I have few bfg in Biswap, but I have to wait for a long time to have more coins. You always have to assume risks, it is obvious that at this time Bitcoin can take any price, I just hope it can be bullish.

FanEagle

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Quote from: fullhdpixel on July 10, 2022, 05:48:00 AM

This works for all, hell this is the whole idea of eth 2.0 where people assume instead of selling mined ETH to pay the electricity bill, people would instead hold ETH and stake it (and even buy more to stake more). This is why I doubt it is a shocking result, it is quite expected result for BFG to go up if all hold it. They just need to give people a reason to hold it, the dividends and staking are all great reasons, and I believe it should be even bigger without hurting inflation, like maybe turn all the lost other coins into BFG, a buyback of sorts. I don't know if that would be liked, but if anyone loses any other coin, just sell those for BFG, and give dividends in pure BFG, how about that?

I agree with this a lot. If betfury managed to turn their dividends into pure BFG and use that earnings to buy BFG instead of selling, then I would definitely agree that it would make the price go up. People may think that there would be a lot more to sell in that case, but the fact that there are more to buy at the same time as well.

This is how it looks, I mean think about it, not everyone would sell it, but it would all be bought by the team. That's not a bad idea at all, this is going to be something amazing and I believe that it would work amazingly. It would not only increase the amount of BFG price, but also the amount of holders at the same time as well.

TopTort777

legendary

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Quote from: dezoel on July 08, 2022, 10:15:53 AM

Quote from: ?? on ??

Quote from: Adbitco on July 05, 2022, 07:19:05 AM

Quote from: TopTort777 on July 05, 2022, 06:14:57 AM

And I wonder what will be when all BFG are mined, holding is unprofitable and token price does not change much.

From the look out of things, don't you think their team will be adding Liquidity to increase the token price in time soon?
Currently is affected by the market sentiment and the entire crypto market is on down trends which may need little time for all to be profitable most especially BFG token although doesn't only limited to it but other currency out there.

There has been a lot of loss wine in the crypto market for some time now I think it will go back to the previous price at the same price as before. But now if I buy some BFG token then I will be profitable or I will lose I want to buy some BFG token token.

Yes we can always go back to the previous level and maybe increase more than that. Only those who can't do that are those coins which are completely useless and a scam. You can buy some bfg if you want to. Like any other crypto, its price can dump evenly but no worries since I believe that bfg is one of those coins which has a potential to succeed more in the gambling category. You can do a dca in preparation for that dump but in case you have all in your funds already then all you need to do now is to hodl on tight.

@TopTort777
If you want a coin that changes frequently or too volatile then why not go for the common cryptos like bitcoins for example.

Thanks for a suggestion, but I know what altcoins can give me, but I dont know the future of BFG when all tokens are mined. Some people expect token value to grow, because tokens would become more unique. But on the other hand, why would someone aim to get that unique token, if holding it isnt that much profitable. For example you spend 1600 bucks on tokens, to get 2.7 daily.

Fredomago

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Quote from: TimeTeller on July 10, 2022, 06:31:56 PM

Quote from: dwyane36 on July 10, 2022, 03:40:10 PM

Quote from: ?? on ??

Hahaha, This is the question which no one knows the answer including the team itself since they will need to complete all Binance requirements including the specific license and legal documents. A casino token is very hard to list on Binance because of there strict requirements. FUN token case was different because it was listed on Binance before it was acquired by freebitco.in few years ago.

I think Binance requirements already change since then which is the reason few casino tokens listed there. I think only Fun tokens is currently listed on Binance.

Betfury has had a Curacao license for a long time now. Isn't this enough for listing, or does Binance require some kind of special licenses from gambling projects? By the way, I have a strange hypothesis. What if major exchanges(Binance and others) ask for some personal information about the developers and project management, which the Betfury team simply doesn't plan to provide since they want to remain anonymous, especially their CEO?

We are only speculating on this matter but the binance listing sometimes depends on the exchange prerogatives.
Just take a good look at SHIB token, it was listed by binance due to popular demand and not because the SHIB team applied for it.
As binance saw their possible good income from the SHIB listing, they haven't waited for the team to list it.
So in this case, if they are seeing that BFG token has huge market or very good potential, I don't think they will be very strict with the requirements.

That's also another possibilities, if Binance see that same potentials from this asset then expect that they will add it up and list in their platform, though it's just another possibilities but the rest still in the hands of the developers, both listing it by way of applying or by means of demands.

Everything remains with how the team will progress and will attract more holders and investors. It will bring more interest
with how the project works and what are the advantages in terms of investment.

TimeTeller

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Quote from: dwyane36 on July 10, 2022, 03:40:10 PM

Quote from: ?? on ??

Hahaha, This is the question which no one knows the answer including the team itself since they will need to complete all Binance requirements including the specific license and legal documents. A casino token is very hard to list on Binance because of there strict requirements. FUN token case was different because it was listed on Binance before it was acquired by freebitco.in few years ago.

I think Binance requirements already change since then which is the reason few casino tokens listed there. I think only Fun tokens is currently listed on Binance.

Betfury has had a Curacao license for a long time now. Isn't this enough for listing, or does Binance require some kind of special licenses from gambling projects? By the way, I have a strange hypothesis. What if major exchanges(Binance and others) ask for some personal information about the developers and project management, which the Betfury team simply doesn't plan to provide since they want to remain anonymous, especially their CEO?

We are only speculating on this matter but the binance listing sometimes depends on the exchange prerogatives.
Just take a good look at SHIB token, it was listed by binance due to popular demand and not because the SHIB team applied for it.
As binance saw their possible good income from the SHIB listing, they haven't waited for the team to list it.
So in this case, if they are seeing that BFG token has huge market or very good potential, I don't think they will be very strict with the requirements.

dwyane36

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Activity: 2996

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Quote from: ?? on ??

Hahaha, This is the question which no one knows the answer including the team itself since they will need to complete all Binance requirements including the specific license and legal documents. A casino token is very hard to list on Binance because of there strict requirements. FUN token case was different because it was listed on Binance before it was acquired by freebitco.in few years ago.

I think Binance requirements already change since then which is the reason few casino tokens listed there. I think only Fun tokens is currently listed on Binance.

Betfury has had a Curacao license for a long time now. Isn't this enough for listing, or does Binance require some kind of special licenses from gambling projects? By the way, I have a strange hypothesis. What if major exchanges(Binance and others) ask for some personal information about the developers and project management, which the Betfury team simply doesn't plan to provide since they want to remain anonymous, especially their CEO?

fullhdpixel

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Quote from: lixer on July 08, 2022, 02:45:08 AM

I know it is not going to be a simple thing, but I know for sure that if we could convince others, and we promote it here and in other topics then we could get a bit more. This way when the bull comes it is going to go up a lot more than most other stuff and earn us money.

This works for all, hell this is the whole idea of eth 2.0 where people assume instead of selling mined ETH to pay the electricity bill, people would instead hold ETH and stake it (and even buy more to stake more). This is why I doubt it is a shocking result, it is quite expected result for BFG to go up if all hold it. They just need to give people a reason to hold it, the dividends and staking are all great reasons, and I believe it should be even bigger without hurting inflation, like maybe turn all the lost other coins into BFG, a buyback of sorts. I don't know if that would be liked, but if anyone loses any other coin, just sell those for BFG, and give dividends in pure BFG, how about that?

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 172. (Read 83707 times)

Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 172. (Read 83707 times)