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Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 174. (Read 83706 times)

legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
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I don’t think buy BFG token for trading is good decision. you can buy BFG for play casino and use another services from Betfury platform for just for fun . or if you play game with another currency on betfury website you will get BFG token freely as bonus. so , i don’t think it will better to invest in BFG token for earning money

Why will you buy BFG tokens if your intention is just for fun alone? You will pay transaction fee when converting your BNB to BFG instead of directly playing using your BNB to avoid extra fees. BFG tokens is a utility token of the casino so you can invest on Betfury success by buying since they are burning token supply using part of Betfury profit so it means that price will grow overtime due to decreasing supply.

Other utility of BFG tokens is really for betting purposes but it’s not limited on that feature because use it on staking and farming too.
Allow me to add more.

Just look at these numbers @coinerer:
  • Average price of BFG on exchanges: $0.015
  • Current mining price of BFG on Betfury: in-house BTC0.00012300 ($2.46); slots BTC0.00004950 ($0.99) - conversion using BTC at $20K

If I want to buy BFG and stake it to earn dividends, I would spend less money than earning token from playing in-house games and slots. Well, there's a chance you could get lucky and win more from gambling than what staking could give but what are the odds?
sr. member
Activity: 702
Merit: 251
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.
I don’t think buy BFG token for trading is good decision. you can buy BFG for play casino and use another services from Betfury platform for just for fun . or if you play game with another currency on betfury website you will get BFG token freely as bonus. so , i don’t think it will better to invest in BFG token for earning money

Why will you buy BFG tokens if your intention is just for fun alone? You will pay transaction fee when converting your BNB to BFG instead of directly playing using your BNB to avoid extra fees. BFG tokens is a utility token of the casino so you can invest on Betfury success by buying since they are burning token supply using part of Betfury profit so it means that price will grow overtime due to decreasing supply.

Other utility of BFG tokens is really for betting purposes but it’s not limited on that feature because use it on staking and farming too.

If you want to play casino at Betfury you will need BFG so buy BFG token. Betfury is a big casino platform. So its tokens can return a large amount over a period of time. Invest in this hope you can benefit in the future. However, it should not invest too much money. The more you invest, the less your portfolio will be affected.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
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.
I don’t think buy BFG token for trading is good decision. you can buy BFG for play casino and use another services from Betfury platform for just for fun . or if you play game with another currency on betfury website you will get BFG token freely as bonus. so , i don’t think it will better to invest in BFG token for earning money

Why will you buy BFG tokens if your intention is just for fun alone? You will pay transaction fee when converting your BNB to BFG instead of directly playing using your BNB to avoid extra fees. BFG tokens is a utility token of the casino so you can invest on Betfury success by buying since they are burning token supply using part of Betfury profit so it means that price will grow overtime due to decreasing supply.

Other utility of BFG tokens is really for betting purposes but it’s not limited on that feature because use it on staking and farming too.
hero member
Activity: 1456
Merit: 608
Vave.com - Crypto Casino
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.
I don’t think buy BFG token for trading is good decision. you can buy BFG for play casino and use another services from Betfury platform for just for fun . or if you play game with another currency on betfury website you will get BFG token freely as bonus. so , i don’t think it will better to invest in BFG token for earning money
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
I’m just holding on to the previous statement of Betfury representative here that they are aware on Binance listing requirements and they are already working towards so I’m sure that they are moving towards a good direction for Betfury future. The casino is running smooth with tons of player wagering everyday which surely give huge profit to the casino for token burning. A sweet huge listing deal is the only missing piece on this project to finally blast off to its current price stagnation. Betfury already has a lot of partnerships in the past so I’m confident that they will manage to do this goal.

We have been waiting for the listing of the BFG token on Binance for a year now, but it looks like there is still no progress in this direction. Of course, the Betfury team probably knows all the necessary requirements for listing on Binance. However, I guess this is not a priority goal for the team at the moment because they are probably focused more on improving the platform.

I share the same feeling with but on my other investment. Years of waiting is still short when considering Binance listing for a project like this that start from scratch and climb up. Most of the project that listed immediately on Binance are those who have a strong connections and has a huge hype in the market but for Betfury, I will be happy if we can see Binance listing for the next 2 to 3yrs assuming the growth will continue linearly.

I'm just being optimistic about this news but I'm not expecting that it will happened anytime soon.  Cheesy
legendary
Activity: 2996
Merit: 2229
I’m just holding on to the previous statement of Betfury representative here that they are aware on Binance listing requirements and they are already working towards so I’m sure that they are moving towards a good direction for Betfury future. The casino is running smooth with tons of player wagering everyday which surely give huge profit to the casino for token burning. A sweet huge listing deal is the only missing piece on this project to finally blast off to its current price stagnation. Betfury already has a lot of partnerships in the past so I’m confident that they will manage to do this goal.

We have been waiting for the listing of the BFG token on Binance for a year now, but it looks like there is still no progress in this direction. Of course, the Betfury team probably knows all the necessary requirements for listing on Binance. However, I guess this is not a priority goal for the team at the moment because they are probably focused more on improving the platform.
sr. member
Activity: 2156
Merit: 254
Does BetFury plan to add new functions to BFG tokens ? 90% of all token supply is already mined. BetFury make regular monthly burns. BFG farming is closed. With such speed, next year it will be impossible to get new BFT tokens. So far main benefit of BFG is daily dividends. I see that daily amount distributed does not change much, so this does not really stimulate to have more tokens. And I wonder what will be when all BFG are mined, holding is unprofitable and token price does not change much.
You make a lot of sense, no token of any project moves up and stay up without a good use case, holding BFG for daily dividends will not drive the token price to the height we all are waiting for, and this is because there are a lot of other projects out there that offer even better dividend rate for hodling their token, so i am also of the opinion that Betfury should build more product that will create some more use case for the BFG token, if not, a lot of investors are just gonna hold for a while and then sell if the price action is not encouraging to keep holding.

I didn't know that already 90% of all BFG tokens was already mined, I thought it was a lot less. But I don't agree 100%; if all BFG is mined there will still be monthly burnings which will have a positive impact on the dividends so I don't think that holding will become unprofitable.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform

It will continue to be a passive profits to those who use this feature as investment, both staking and boost rewards with burning feature the chance of accumulating will continue the cycle, strong house will allow this coin beneficial for investors and traders who are not just playing but also aiming for passive money making asset.

Though we don't know if there's additional that the team will offer aside from the current feature of this token,

maybe they are also planning to expand, but for now it will serve the sole purpose of the token.

Exactly, This will be a long shot to see the price pump since it’s only relying on burn feature aside from the partnership boost. So far I’m still on the current price  because it’s stable while I can have a passive profit on staking. Seeing that token farming is already closed while the supply is almost totally is a blessing since this is the sign that accumulation is already near and we might see panic buying later on once Betfury finally landed there BFG token in a big exchange that full of potential token buyer.

A decision that should take earlier than that time, if you do believe that the chance of landing to a much bigger exchange will happen I'm sure based from those old market movement, the value may increase in a short span of time before it will again stabilize to its barrier, not sure if how the team is working on it now but it's not far from realization,. Right now, it's more on buying and staking to earn passively.

The future is unknown, but the business continues to exist and the chance to rise in terms of value is still there for BFG supporters/holders.

I’m just holding on to the previous statement of Betfury representative here that they are aware on Binance listing requirements and they are already working towards so I’m sure that they are moving towards a good direction for Betfury future. The casino is running smooth with tons of player wagering everyday which surely give huge profit to the casino for token burning. A sweet huge listing deal is the only missing piece on this project to finally blast off to its current price stagnation. Betfury already has a lot of partnerships in the past so I’m confident that they will manage to do this goal.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform

It will continue to be a passive profits to those who use this feature as investment, both staking and boost rewards with burning feature the chance of accumulating will continue the cycle, strong house will allow this coin beneficial for investors and traders who are not just playing but also aiming for passive money making asset.

Though we don't know if there's additional that the team will offer aside from the current feature of this token,

maybe they are also planning to expand, but for now it will serve the sole purpose of the token.

Exactly, This will be a long shot to see the price pump since it’s only relying on burn feature aside from the partnership boost. So far I’m still on the current price  because it’s stable while I can have a passive profit on staking. Seeing that token farming is already closed while the supply is almost totally is a blessing since this is the sign that accumulation is already near and we might see panic buying later on once Betfury finally landed there BFG token in a big exchange that full of potential token buyer.

A decision that should take earlier than that time, if you do believe that the chance of landing to a much bigger exchange will happen I'm sure based from those old market movement, the value may increase in a short span of time before it will again stabilize to its barrier, not sure if how the team is working on it now but it's not far from realization,. Right now, it's more on buying and staking to earn passively.

The future is unknown, but the business continues to exist and the chance to rise in terms of value is still there for BFG supporters/holders.
legendary
Activity: 2702
Merit: 1465
When I think about adding liquidity, I imagine how much BFG spends daily and weekly on promotions and events, and that rises doubts that the team is ready to spend even more to support current price.
I think that devs is very good at considering what they can afford to do without much damage to their casino and the bfg token, and what is critical.  It is not yet known how long this stagnation of the entire cryptocurrency market will last.  But as soon as the bullish cycle begins, all tokens will start to move in price and, of course, bfg too.  Then the questions about the additional filling of liquidity will not be so relevant.  In my opinion, bfg is going through a period of stagnation quite well.  And this means that in the bull market there may well be an increase above the average increase for all altcoins.  So do not be sad ahead of time.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Does BetFury plan to add new functions to BFG tokens ? 90% of all token supply is already mined. BetFury make regular monthly burns. BFG farming is closed. With such speed, next year it will be impossible to get new BFT tokens. So far main benefit of BFG is daily dividends. I see that daily amount distributed does not change much, so this does not really stimulate to have more tokens. And I wonder what will be when all BFG are mined, holding is unprofitable and token price does not change much.
You make a lot of sense, no token of any project moves up and stay up without a good use case, holding BFG for daily dividends will not drive the token price to the height we all are waiting for, and this is because there are a lot of other projects out there that offer even better dividend rate for hodling their token, so i am also of the opinion that Betfury should build more product that will create some more use case for the BFG token, if not, a lot of investors are just gonna hold for a while and then sell if the price action is not encouraging to keep holding.
legendary
Activity: 2394
Merit: 1476
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?

Dont know. Havent thought about that. I only see, that dividends wont be the reason to buy more tokens and hold them for a long period. And when gamblers wont be able to mine tokens, the demand on BFG will go down. That is why I hope BFG team will come out with something new; new use case, something.

When I think about adding liquidity, I imagine how much BFG spends daily and weekly on promotions and events, and that rises doubts that the team is ready to spend even more to support current price.
legendary
Activity: 2338
Merit: 1124
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?
Add liquidity to what and how will that increase token price? If you're talking about opening up farming again, I don't think so. They will most likely let the players mine the remaining tokens through in-house games and slots. If it's about adding to the reward pool, maybe that will increase interest on the token but I also doubt they will implement that.
I feel like the dividend itself is good enough, because people play with BFG as well, and that means there will be some (many) who will lose their BFG and others will earn it too, by staking BFG basically. That's not a bad idea and I believe that people should be focusing on something that will be profitable if you hold it long enough, not when you do something with it.

If you think that BFG price itself will go up then you think it will go up and there isn't anything else you should worry about. If you believe that it's not going to be easy, and it will be a bit of a trouble then it is going to be a bit of a trouble. Just think of the price, not the staking part.
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
Everybody has his own strategy but even with a relative low amount of BFG tokens, your daily dividend is not so bad in my eyes. Currently I have around 3750 BFG tokens and I earn around 0.12$ (with the current crypto prizes) a day. It will not make me rich, but even small amounts add up and if the crypto prizes go up again, these dividends will also be worth a lot more. What you also can do, is just play with your dividends to keep increasing your amount of BFG tokens. In this way, you don't always need to bring in fresh capital to keep playing.

Of course, using daily dividends to mine BFG tokens is the right decision. However, if your dividends are small, BFG tokens will increase insignificantly because the minimum bet must be more than 1 cent. In your case, that means you can only make 12 bets per day to mine BFG tokens. Obviously, this number of attempts is not enough. So how many days do you accumulate these daily dividends before BFG mining, or do you use any other strategies?

I don't play every day, so most of the times I accumulate my dividends for 3-4 days. I always play Dice or Mines or Keno on low risk just to mine the tokens. I agree it goes slowly, but I don't mind it and in the end it also adds up. When there is a mining boost, I always play more also.

The fact of owning the BFG tokens and that somehow generates passive income in $ is something that is very beneficial, when comparing this type of money generation with trading it does not make much difference, some traders put a lot of money in their transactions, and they can win, but just as they win they can lose, I see the generation of money as the same as a physical business, where its ROI is around 3 years or more, in this case 0.12$*365days of the year is 43$, that is and only if you keep your tokens here in staking mode, and if you increase them it would give much more money, it is something that does not seem so bad to me, you can do other types of work and this money is generated by itself, and if this system in BETFURY is it maintains for years, it is not bad at all and if crypto in general goes up, the story is another.
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
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?
Add liquidity to what and how will that increase token price? If you're talking about opening up farming again, I don't think so. They will most likely let the players mine the remaining tokens through in-house games and slots. If it's about adding to the reward pool, maybe that will increase interest on the token but I also doubt they will implement that.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
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.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform

It will continue to be a passive profits to those who use this feature as investment, both staking and boost rewards with burning feature the chance of accumulating will continue the cycle, strong house will allow this coin beneficial for investors and traders who are not just playing but also aiming for passive money making asset.

Though we don't know if there's additional that the team will offer aside from the current feature of this token,

maybe they are also planning to expand, but for now it will serve the sole purpose of the token.

Exactly, This will be a long shot to see the price pump since it’s only relying on burn feature aside from the partnership boost. So far I’m still on the current price  because it’s stable while I can have a passive profit on staking. Seeing that token farming is already closed while the supply is almost totally is a blessing since this is the sign that accumulation is already near and we might see panic buying later on once Betfury finally landed there BFG token in a big exchange that full of potential token buyer.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Does BetFury plan to add new functions to BFG tokens ? 90% of all token supply is already mined. BetFury make regular monthly burns. BFG farming is closed. With such speed, next year it will be impossible to get new BFT tokens. So far main benefit of BFG is daily dividends. I see that daily amount distributed does not change much, so this does not really stimulate to have more tokens. And I wonder what will be when all BFG are mined, holding is unprofitable and token price does not change much.

As a reward token as well as utility token inside the casino, Being in the state of stabilization is common especially if most of the supply is already mined because there’s a lot of tokens already available in the market which means the lesser the value. BFG tokens usage has a limitation since it was intended only to be used in the casino so I don’t expect any additional feature from it. I’m more interested on the Betfury profit side since it will be the one that will boost BFG token value by token burning.

It will continue to be a passive profits to those who use this feature as investment, both staking and boost rewards with burning feature the chance of accumulating will continue the cycle, strong house will allow this coin beneficial for investors and traders who are not just playing but also aiming for passive money making asset.

Though we don't know if there's additional that the team will offer aside from the current feature of this token,

maybe they are also planning to expand, but for now it will serve the sole purpose of the token.
legendary
Activity: 2394
Merit: 1476
Does BetFury plan to add new functions to BFG tokens ? 90% of all token supply is already mined. BetFury make regular monthly burns. BFG farming is closed. With such speed, next year it will be impossible to get new BFT tokens. So far main benefit of BFG is daily dividends. I see that daily amount distributed does not change much, so this does not really stimulate to have more tokens. And I wonder what will be when all BFG are mined, holding is unprofitable and token price does not change much.
legendary
Activity: 2660
Merit: 1074
The dividend you get is in 5 coins (BTC, ETH, USDT, TRX and BNB) and it is not because the market crashed, that you get more dividends. The amount you will get, is based on the amount BFG tokens you have and is not dependent on the crypto price.
You are both right and also a tiny bit wrong at the same time. The amount you get is "lower" in the sense that the same amount of coins would have been a higher price, and since the prices are lower right now, the same amount of coins are lower in dollar worth these days. So, you could get "more" dividends in the sense that if someone played 100 bucks and lost, it was less coins, now it's more coins all due to the fact that the price is lower on all coins now.

This means that we could make more and I believe that even though the returns are same, it's not going to be really "same" in that sense, and it would be going up if you do not spend them. So, I can understand what he meant.
This is quite true. I have to say that there is a good chance people could wager a lot more right now, then it would be because of the current price of the situation right now. I have to say that the best thing we could do right now, because we would be spending more coin right now this is why it could be spending more because people would be spending same amount of fiat but more on coins hence I believe that the amount could be higher.

I agree that this ups and downs do matter when gambling and that is why it's such an important situation. This means that the best thing we could do right now is to make sure that we won't spend too much.
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