Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 25. (Read 84846 times)

I haven't forgotten that the Betfury platform has the option of direct exchange of BFG tokens. In my post, I was talking exactly about third-party exchanges, although it should be noted that I also have suspicions about Biswap. I mean, it also seems to me that Biswap and Betfury are closely related to each other.

You have forgotten that it is possible to exchange BFG on betfury directly Even though biswap seems to be the same place as betfury (I still believe that they have one owner), prices are different. I can trade 1 BFG for $0.0213 on biswap, or 1 BFG for $0.02065205 on betfury directly (even though they show 1 BFG ≈ 0.02118159 USDT). Btw, BFG used to cost 3 cents month ago, that is a good jump from that 1-1.5 cents they got stuck in for years. And finally BFG is in first 1000 on cmc top.

You don't see major exchanges there because the BFG token has never been listed on major exchanges. Earlier, the Betfury team made attempts to add BFG to small exchanges, but it was useless. Now biswap and pancakeswap are the only exchanges where you can buy/sell BFG tokens without problems.
As for the profit, the fact that the BFG price has slightly increased is already good. At least now it doesn't look like a dead token.

the chart is looking good

How are you that sure that they ain't really pushing in something to the development and recognition  of their business to the public? Maybe you expect they sprint overnight to something huge in the market but guess what that's ain't how good business grow, it all starts with a gradually process. We have to acknowledge their resilience to thrive in a competitive business environment like this one, with time greater progress could be achieved and a lot of these present challenges we're talking about them would be by then a thing of the past. Am sure most of these competitors you talking about right now didn't start off on a great foot either.

Many times people in the crypto market make mistakes when they think that altcoin and token follow the same process as the price of bitcoin, while bitcoin is a currency in which patience is the key to profit, because in the long term the price of bitcoin rises, even when the person buys at the ATH and it drops more than 50%, after 2 years it recovers and breaks the ATH and the person who bought at the ATH makes a profit, all the person needed was to be patient and don't sell. but when it comes to altcoins and tokens things are completely different

For example, in the case of this token, in September this year it will complete 4 years of existence, it is not a new token. it is old in the market, but the question is: what were the great achievements that the token had? How many large exchanges have listed the token during these 4 years of existence? well, looking here

https://coinmarketcap.com/currencies/betfury/#Markets

I'm not seeing big exchanges. I don't know how much profit people who have been holding the token since 2020 are making. But looking here



Maybe people aren't even making 4x or 5x profits, I could be wrong. But something I'm almost certain of is that at this current price, it would be difficult for anyone who bought it today to make a 5x profit even if they did hodl for 5 years. In my opinion, casino tokens should be seen as stablecoins that offer some benefits in the casino for those who use them to play

As long as the project owners do not dump their own tokens or the project itself has some major issues, the creditors of the tokens (who got them as a part of any reward) should not have a permanent effect on the token/coin price. However, it is always good that the gambling token has a strong use case so that the demand of the token is always there.

One of the best way to keep the token price stable is to initiate a high staking reward mechanism on the gambling site so that people are always looking to buy and stake the token resulting in an increase in demand.

Drug mafias are usually not drug users or addicts, and cigarette factory owners may also be non-smokers. They are quite professional in business matters and know the impact of the products they market, so of course it is not surprising that a gambling investor is not a gambler. Their personal life can be separated from their business activities, but if they are actively involved in it as gamblers, then their business may not last long.

Of course they can have fun on certain days, but what is clear is that they are not addicts in the business they are developing. In this case, gambling investors can be said to not be gambling addicts even if they previously had many years of gambling experience.

Even gambling operators are not gambling much because they understand how to separate the business from their personal activities. As investors, we should have that kind of mentality. Although gambling platforms may not be as revolutionary as other projects, there is still a big potential for the business to grow since we are in a billion-dollar industry. Online casinos nowadays can cater to the world. While some countries may ban gambling, the wide market means there's no reason not to be profitable despite the competition.


But the effect should be temporary.

I feel like the main reason why people do signature campaign is that they realized a long time ago that they can make money for something they are already doing. I mean I have been writing here long before signature campaigns were even a thing. So I think supporting a place that you like, is something people would prefer if given the option, instead of some brand new token that doesn't even give you a decent payment but just offers you their fake token, which is not something what people would want.

BFG needs to realize that if they do signature, and do it good, and long, then they are going to of course grow. But they also need marketing better as well, like find some famous ambassador that they can pay up, so that famous person would do marketing for them.

This is crazy thoughts for saying that all token buyers are gamblers. Maybe majority of it are gamblers but not all since of them are just a total investor which just seek for better project to invest. They see that BFG has good offer that's why lots of them buying.

Although we can't deny the fact that to many factor causing for the dump including that casino VIP rewards but for sure everything will be fine if they create something solid use case for long term on their token..

But still they are doing great despite of the performance of their token for past months. We can also see that legit gamblers in this platform are happy with what they experience in this casino and they have good patience for current development happen on BFG. What's good right now is they have running signature campaign which can help to maximize their exposure also their current activities done which could help their token to get good possible demands as you said.

This is false information. Not all investors of this token are gamblers besides gamblers itself is the main reason why the token value is always dumping since they usually sold all their BFG token after their claim their casino VIP rewards.

Casino token main utility is for rewarding users that plays in the casino. Betfury rakeback payment is in the form of BFG tokens that’s why the token performance is not that good since it’s used for rewards and marketing in the last few years. But right now they created a new utility to the token that will create demand instead of using it for rewarding system of the casino and apply DeFi to give back to token holders.

You need to connect your Telegram and Betfury accounts... Start @Betfury_Bot and it will lead you to the site and just log in. I have a Telegram spin and get 1 BFG per spin, sometimes (rarely) 3.



I think they are doing quite well, there are a lot of promotions. New games are added, so it is quite interesting to hang out & play on Betfury. At least I have fun, and now I can even play Pragmatic without a VPN...

Will power can help especially when in a not-so-good situation.  Will power enable a person/group to not give up on their endeavors, this will also give them the energy to think and look for solutions and new ideas in to push through their target.  Of course will power alone won't solve everything.  They need knowledge, versatility, adaptability and funds to keep on improving their services.


Very much said, Betfury needs to keep on thinking of new ways and innovations to get the interest of their audience (player and target audience)  They should come up with new ideas, widen their influence through partnerships and establish a brand that will linger to peoples mind for a long time.  They also need to create a demand for their token if they wanted it to perform well on the market.  Being a casino utility token is not enough to push BFG to a new level, IMO.

Betfurry is quite a popular casino site by far.  They haven't been able to maintain their BFG token value in the market at the token marketcap but they are managing their casino platform very well.  Gambling platform tokens are not very good and they don't have much value.  Because gamblers are busy gambling they don't keep track of tokens.  And those investors are always looking for potential coins and they don't consider any gambling site token as potential for future.  So the casino site cannot be rated considering the token issue.

I am guessing they will run it until they run out of those earmarked bfgs. And this drop campaign seems to be double edged sword for anyone hoping that price would recover, because while i see people being incentivized to market the casino, majority of those tokens are going to be instant sell pressure and i doubt liquidity of the markets would handle that well. And naturally again admins will give those tokens to themselves and their friends before rest of the bounty hunters, to be first dumpers like last time (remember ?). I don't think it was even listed to any marketcap analyser and admins sold theirs with a premium price back then.

I might even buy it as a speculative trade, if there's a crash and it's going to be intense enough.

Anyone knows how to get the BFG from the Telegram spin? For some reason, all I get is the standard one which gives out the FUNFURY tokens.

Actually, their recent cryptodrop update is the only biggest move of Betfury team for their investors since they focus too much on casino on the recent years while using the BFG token as reward tokens for players that play in the casino. There’s nothing to gain for investors back then since the Staking profit is just being erased by the number of tokens being sold from the players that get is rakeback reward for playing.

The cryptodrop will give hype to the tokens since the game is already hype for investors to enter. They should do this long time ago to reward investors instead of promising huge APY on staking without new investors contributing to increase the price and LP.

Pure investors and pure gamblers may have different views on this, but since this project started with public investments, the focus here is on how investors are gaining from their investment. So far, judging by its price, it doesn't satisfy the investors. However, as long as they are operating and they are legit, I guess all they have to do is trust the process. Some projects just require more time to develop, and this could be one of them.

Will power is nothing if they can't push something that can maximize the exposure of their business. But since we see them still gaining success for their casino operation since there are still people talking about their progress and promotion done then I guess they are fine with that. But lots of people discuss their concerns on their token and maybe this is part of counter actions done to lift something then make BFG token being market well to wide group of people. For saying they are nice casino well there's no question that they really is, but they still need to perform well since there competitor is doing so good in their businesses and offer various promotions to entertain people. Lots of promotion is beneficial to us gamblers since for sure that we could able to avail and enjoy.