🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 265.

BitcoinHunt3r

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Quote from: babygun on August 09, 2021, 12:19:07 PM

Quote from: BitcoinHunt3r on August 09, 2021, 11:56:56 AM

Quote from: babygun on August 09, 2021, 10:01:39 AM

Olympic games has ended so the Olympic spin will also end soon (less than 2 days left). They apparently also launched thir last 100% box for TRX, but I was too late to claim it. Anybody on here was able to grab it?

I have to be honest that BFG promotions are not interesting e.g. olympic spin i watch this spin almost all users won 0.5 BFG or 0.02 BSW never seen someone win more than that even though I purposely took the time to watch the live spin for about 20 minutes. I guess the chance of winning is 1:10000

I tend to agree with you. Last spin wheel was more interesting as the minimum you could win was 3 BFG so a lot higher than this time. This wheel has the biggest prize till date (3BTC) but I don't think anybody won it yet.

Even if it's 100 BFG still unattractive IMO to get 1 spin the player must make a wager of around $130 ( 0.003 BTC ) while there is a risk of losing there
Playing with the aim of getting spins is really not worth it unless they play as normal and spins are a bonus it can be excluded

babygun

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Quote from: BitcoinHunt3r on August 09, 2021, 11:56:56 AM

Quote from: babygun on August 09, 2021, 10:01:39 AM

Olympic games has ended so the Olympic spin will also end soon (less than 2 days left). They apparently also launched thir last 100% box for TRX, but I was too late to claim it. Anybody on here was able to grab it?

I have to be honest that BFG promotions are not interesting e.g. olympic spin i watch this spin almost all users won 0.5 BFG or 0.02 BSW never seen someone win more than that even though I purposely took the time to watch the live spin for about 20 minutes. I guess the chance of winning is 1:10000

I tend to agree with you. Last spin wheel was more interesting as the minimum you could win was 3 BFG so a lot higher than this time. This wheel has the biggest prize till date (3BTC) but I don't think anybody won it yet.

BitcoinHunt3r

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Quote from: babygun on August 09, 2021, 10:01:39 AM

Olympic games has ended so the Olympic spin will also end soon (less than 2 days left). They apparently also launched thir last 100% box for TRX, but I was too late to claim it. Anybody on here was able to grab it?

I have to be honest that BFG promotions are not interesting e.g. olympic spin i watch this spin almost all users won 0.5 BFG or 0.02 BSW never seen someone win more than that even though I purposely took the time to watch the live spin for about 20 minutes. I guess the chance of winning is 1:10000

babygun

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Olympic games has ended so the Olympic spin will also end soon (less than 2 days left). They apparently also launched thir last 100% box for TRX, but I was too late to claim it. Anybody on here was able to grab it?

perfect999

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Quote from: delfastTions on August 04, 2021, 03:22:22 AM

Hotbit is a much better known crypto exchange compared to Biswap. Listing on it is definitely the development of the BFG token market in the right direction. In general, the fact that devs pays special attention not only to the gaming capabilities of its site, but also to the promotion of the token is worthy of respect.
The token rate of course can change with new listings, the main thing is that it is also traded on new exchanges at an acceptable scale.

Hotbit is a centralized exchange, biswap is a decentralized one. I never think any centralized exchange is better than a decentralized one for the way I use crypto, I mean they keep your money why would I want that? One exception for me is binance because let's face it they are insanely good, but aside from that I honestly think that we should not trust centralized exchanges that keeps billions and billions of dollars in value, that is just not that understandable at all.

I personally do not like them because of that, think about how much money hotbit has in the "bank", of course not technically bank, its cold wallets and hot wallets and all that but they are in possession of soooo many people's money, and that is too risky, I do not like it.

Biswap may not be the best decentralized exchange I agree with that, but at the end of the day it doesn't mean that we can't have any other decentralized exchange as an option neither, instead of hotbit, how about pancakeswap or something like that? Apeswap? Whatever basically but I still think that it should be a DEX and not a CEX.

TimeTeller

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Quote from: tygeade on August 08, 2021, 05:10:06 PM

It honesty doesn't worth to farm it for just a second or two, I have been in part of many defi projects on early moments when they started, even from presale and at the very first seconds it is usually hugely "profitable" in the sense that it gives a huge return by the looks of it, but it is so quick that you do not make that much money at all. 10k per year means 27% a day, that is nearly 1% per hour, and usually this takes about 10 minutes before people get in.

So 10k% per year means only 0.20% or so for 10 minutes, sure a great thing in long term but this is usually done in 10 minutes so nobody really earns anything. I have done it a million times now and usually that is how it all goes.

The numbers are very attractive to see, but that percentage will not last long.
And once people get in, the APR can easily go down and you won't get the same APR.
So it is up to you if you will join or not, and avail the staking or their farming feature.
Evaluate if it is worth keeping your tokens in this kind of passive income.
This will be worthwhile if the token keeps on rising its value.

tygeade

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It honesty doesn't worth to farm it for just a second or two, I have been in part of many defi projects on early moments when they started, even from presale and at the very first seconds it is usually hugely "profitable" in the sense that it gives a huge return by the looks of it, but it is so quick that you do not make that much money at all. 10k per year means 27% a day, that is nearly 1% per hour, and usually this takes about 10 minutes before people get in.

So 10k% per year means only 0.20% or so for 10 minutes, sure a great thing in long term but this is usually done in 10 minutes so nobody really earns anything. I have done it a million times now and usually that is how it all goes.

UserU

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Quote from: Bttzed03 on August 08, 2021, 12:25:37 AM

I missed it. That's a juicy APR but the limit of 10 BSW per wallet is kinda discouraging. I wouldn't have unstaked my BSW from the auto-compounding pool or sold any BFG/other tokens just for this.

Don't worry, the astronomical rate that is bottlenecked by the max cap of like 10 bucks is definitely a gimmick, just like what you said.

The amount of BFG I got aren't even sufficient to cover the unstaking some BSW + BSW-BFG staking cost. If I left my BSW to auto-compound with over 500% APR, I'd earn more from that Grin

Bttzed03

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Quote from: UserU on August 06, 2021, 11:41:45 AM

You guys managed to stake BSW on Biswap earlier? They offered like over 100,000 % APR on BFG if you had 10 BSW to spare and damn, those early stakers were lucky.

I missed it. That's a juicy APR but the limit of 10 BSW per wallet is kinda discouraging. I wouldn't have unstaked my BSW from the auto-compounding pool or sold any BFG/other tokens just for this.

Quote from: BitcoinHunt3r on August 07, 2021, 01:33:30 PM

~
Unfortunately this time it didn't have much effect on BFG at least today BFG has down by 100% by 2x but now back to normal price

It won't pump as expected because you're staking BSW to earn BFG and not the other way around.

BitcoinHunt3r

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Quote from: UserU on August 06, 2021, 10:53:14 PM

Quote from: dwyane36 on August 06, 2021, 07:00:00 PM

Yeah, someone was lucky enough to earn easy BFG tokens, but I guess such a huge percentage was only within an hour or less after the start of this pool. By the way, I just checked the biswap site, and it looks like the percentage has already reduced almost 60 times.

True. By the time I found out around an hour later, it was around 5,000+. These things really take a nosedive but I can see why when everybody is scrambling to take advantage of it.

At the time of writing, it's at 1750%.

Quote from: FinneysTrueVision on August 06, 2021, 09:43:45 PM

Not only was the APR short lived but the max amount you can stake is 10 BSW, which is only worth $12. You would have to use multiple wallets to actually earn anything worthwhile.

Not to mention the approval + staking takes up almost a dollar in fees.

This is part of marketing something that attracts users' attention and becomes a conversation on several social media the effect is of course the price of BFG and BSW increases
Unfortunately this time it didn't have much effect on BFG at least today BFG has down by 100% by 2x but now back to normal price

UserU

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Quote from: dwyane36 on August 06, 2021, 07:00:00 PM

Yeah, someone was lucky enough to earn easy BFG tokens, but I guess such a huge percentage was only within an hour or less after the start of this pool. By the way, I just checked the biswap site, and it looks like the percentage has already reduced almost 60 times.

True. By the time I found out around an hour later, it was around 5,000+. These things really take a nosedive but I can see why when everybody is scrambling to take advantage of it.

At the time of writing, it's at 1750%.

Quote from: FinneysTrueVision on August 06, 2021, 09:43:45 PM

Not only was the APR short lived but the max amount you can stake is 10 BSW, which is only worth $12. You would have to use multiple wallets to actually earn anything worthwhile.

Not to mention the approval + staking takes up almost a dollar in fees.

FinneysTrueVision

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Quote from: dwyane36 on August 06, 2021, 07:00:00 PM

Quote from: UserU on August 06, 2021, 11:41:45 AM

You guys managed to stake BSW on Biswap earlier? They offered like over 100,000 % APR on BFG if you had 10 BSW to spare and damn, those early stakers were lucky.

Yeah, someone was lucky enough to earn easy BFG tokens, but I guess such a huge percentage was only within an hour or less after the start of this pool. By the way, I just checked the biswap site, and it looks like the percentage has already reduced almost 60 times.

Not only was the APR short lived but the max amount you can stake is 10 BSW, which is only worth $12. You would have to use multiple wallets to actually earn anything worthwhile.

dwyane36

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Quote from: UserU on August 06, 2021, 11:41:45 AM

You guys managed to stake BSW on Biswap earlier? They offered like over 100,000 % APR on BFG if you had 10 BSW to spare and damn, those early stakers were lucky.

Yeah, someone was lucky enough to earn easy BFG tokens, but I guess such a huge percentage was only within an hour or less after the start of this pool. By the way, I just checked the biswap site, and it looks like the percentage has already reduced almost 60 times.

jostorres

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Quote from: delfastTions on August 06, 2021, 02:07:57 AM

Quote from: AmoreJaz on August 05, 2021, 05:33:59 PM

anyway, have you read the betfury's post above? hotbit listing is not from their initiatives. it is the hotbit itself that listed them without any discussion with the team. maybe hotbit saw the potential of bfg in their market, so they just listed it for free. so if you want to trade bfg in their platform, you are taking your own risk. from my experience in hotbit, just withdraw your funds after you finished trading.

I agree that adding a BFG token to a Hotbit without negotiating with devs and on the Hotbit's own initiative suggests that the BFG token has been noticed by the crypto community and has obviously become popular.
But the post OP above still talks about stage 2, when the interaction with the BSC will be done. This is also an addition to the functionality that the community will approve and look forward to.

Yeah, when you get listed in these type of places you do basically known as a good place and a good token, it is obvious that we have been getting more and more famous in the crypto world. However the reality is that it is not about just getting listed on exchanges because if you really want to, and if you have the money, you can afford to pay these places to list you as well, hotbit can list your coin for 20 bitcoins with a bit of requirement (number of telegram users, number of twitter followers, the volume daily) and then you are done, there could be some other thing that has twice the volume you have but if you pay them then you will get listed before them.

I am not saying betfury did that, or maybe they did, but it is not about being listed. What we should be focusing on is the volume and if the volume is doing good then it really means something good.

UserU

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You guys managed to stake BSW on Biswap earlier? They offered like over 100,000 % APR on BFG if you had 10 BSW to spare and damn, those early stakers were lucky.

LUCKMCFLY

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Quote from: tygeade on August 05, 2021, 04:41:12 PM

Quote from: bakasabo on August 05, 2021, 02:22:07 AM

I have used Hotbit about 10 times just to sell bounty tokens. Did not have any troubles doing that, so I cant complain or support that Hotbit has a bad reputation. A new exchange is always good and better than no exchange.

Btw, according to coinmarketcap, Betfury (BFG) token is traded only on pancakeswap. I think that Betfury representative should write them and ask to add biswap and hotbit trading pairs into Market section. Because that will add trading volumes for BFG and will move BFG above 3600 place.

I do agree that hotbit seems to be working fine right now, I do know their bad reputation as well, and I am sure many people did had a problem with them and that is why they have a bad reputation, but I honestly do not think that they are THAT bad, it must be a period where they had a problem I suppose. I still think biswap and pancakeswap is a lot better, I still prefer DEX, and if it has to be a centralized exchange I still think Binance is the best, these are still valid points and I still agree with them.

However at the end of the day I think if we are going to get listed on Hotbit that doesn't mean that we should be thinking that as a bad thing neither, it was a quite good thing and we should be quite happy about it as well because that also means that betfury is getting bigger and bigger as well since we are getting listed in more places as well.

I think that also Hotbit is not that good, but as they have said it is better to be listed in an exchange than in none, from what I can guess is that Betfury wants to place its token in several exchanges, perhaps so that it reaches more merchants, it can that in their plans they have a level 1A exchange like Binance, and although I think they are going to scale, their idea of putting the token in various exchanges is not bad. At this point I know that Betfury is not going to disappoint, I think that at any moment a good price for the token can arrive.

Also in trading things don't happen from one day to the next, sometimes it usually takes time to achieve success, and if they promised to be in the top 100, I am sure they will achieve it.

delfastTions

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Quote from: AmoreJaz on August 05, 2021, 05:33:59 PM

anyway, have you read the betfury's post above? hotbit listing is not from their initiatives. it is the hotbit itself that listed them without any discussion with the team. maybe hotbit saw the potential of bfg in their market, so they just listed it for free. so if you want to trade bfg in their platform, you are taking your own risk. from my experience in hotbit, just withdraw your funds after you finished trading.

I agree that adding a BFG token to a Hotbit without negotiating with devs and on the Hotbit's own initiative suggests that the BFG token has been noticed by the crypto community and has obviously become popular.
But the post OP above still talks about stage 2, when the interaction with the BSC will be done. This is also an addition to the functionality that the community will approve and look forward to.

Bitinity

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Quote from: RokokGudangGaram on August 06, 2021, 12:42:22 AM

Where I can find the NFT battles? I think you are the first gambling website that has this NFT battles but I can't find it on the website may I ask where I can find it on your website and may I ask how this works on your website. I am really curious about it.

Check their NEWS page and you may find what you are looking for. One of the news you can read is https://betfury.io/news/nft-fights-movie, here you can find information about the weekly NFT battles. It is an old news since it was posted on April, so you can check the latest news related to the NFT battle.

RokokGudangGaram

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Where I can find the NFT battles? I think you are the first gambling website that has this NFT battles but I can't find it on the website may I ask where I can find it on your website and may I ask how this works on your website. I am really curious about it.

Bttzed03

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Quote from: UserU on August 05, 2021, 01:38:47 AM

Quote from: Bttzed03 on August 04, 2021, 11:30:38 PM

^ I wouldn't be confident about that. They need to get the required volume first before attempting Binance or Kucoin but how can they do that when they cannot even add liquidity to Pancakeswap which is a very popular AMM? I doubt a Hotbit listing can sustain an increase in volume.

Hotbit would have to upgrade their servers then. Usually these kind of things are common so surely they have to learn from past mistakes.

What I mean is that BFG trading volume on Hotbit can be pumped but it will be temporary. Those who would attempt to do that to increase chances of Binance/Kucoin listing won't be able to sustain it.

There are more genuine users on popular AMMs like Pancakeswap than Hotbit and they can help sustain the trading volume.

Quote from: UserU on August 05, 2021, 09:27:14 PM

~
Just a few months back, Hotbit suffered a security breach. Customer data exposed:

Quote

Another security disaster from the cryptocurrency business has surfaced online. This time, the Hotbit crypto exchange has admitted service disruptions as some attackers hacked into its network. While they assure the customers’ funds remained safe, their personal information suffered a breach.

Source: https://latesthackingnews.com/2021/05/03/hotbit-crypto-exchange-confirmed-its-hacked-customers-personal-data-exposed

This is why I had zero confidence in using low-tier/less reputable CEX.

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 265. (Read 77543 times)

Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 265. (Read 77543 times)