🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 318.

TimeTeller

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Quote from: FinneysTrueVision on June 17, 2021, 05:15:55 PM

Quote from: BitcoinHunt3r on June 17, 2021, 11:41:02 AM

Quote from: dimon121 on June 17, 2021, 08:23:27 AM

I wanted to buy on BFG for 50 BUSD, the commission was $ 28, what did you do there?

Lol where did you buy it? I tried to buy it on biswap and transaction fee is less than $0.2

Did you know if you buy BFG on Biswap you will get back the transaction fee it is paid via BSW token, you will find the banner when starting the exchange
'' Make a Swap at No Cost''

If you try to buy BFG on PancakeSwap there is a huge price impact. Until there is enough liquidity on there it is best to stay with Biswap.

Yesterday I sold some BFG at $0.20 and seeing the price today was too tempting and I had to buy back some BFG. If the numbers on BSCscan are accurate and the supply is 2.7 billion then the market cap is under $100 million dollars. It should definitely be worth more and I expect the price to go up when people are done dumping.

You're one of the lucky ones who sold BFG at a good price.
Because right now, it is now $0.0239/BFG token. The price goes down fast.
But for those who want to buy BFG, it is good time to accumulate and send it to betfury for staking.
It seems it is easier to get a hold of BFG tokens by buying it rather than playing to earn the token.
If the platform itself is strong, after this dumping stage, they can always rise again and that's when we will see its true value in the market.

klarki

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Quote from: bitgolden on June 17, 2021, 02:26:33 PM

I think there isn't any foul play at all, it is just that something is being done as early as possible by the people and that takes some time, who could do over 45 million transactions in a single day, that is like already a huge number and people are still complaining about it, most other places would have hard time with even half of that.

Let there be some sort of period where it gets more and more common, and after the first day I am sure in a week it will be much less and they will be capable of handling it all, we just have a hard time on the first day just like many other places have and that's about it, there is nothing weird about it because it is very common. What we need to check is what betfury will do in a week and in a month because it doesn't have that "you need to gamble to get bfg" deal anymore so it will be a big situation to see if people still gamble or not.

If so, why put users in an unequal position?

FinneysTrueVision

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Quote from: BitcoinHunt3r on June 17, 2021, 11:41:02 AM

Quote from: dimon121 on June 17, 2021, 08:23:27 AM

I wanted to buy on BFG for 50 BUSD, the commission was $ 28, what did you do there?

Lol where did you buy it? I tried to buy it on biswap and transaction fee is less than $0.2

Did you know if you buy BFG on Biswap you will get back the transaction fee it is paid via BSW token, you will find the banner when starting the exchange
'' Make a Swap at No Cost''

If you try to buy BFG on PancakeSwap there is a huge price impact. Until there is enough liquidity on there it is best to stay with Biswap.

Yesterday I sold some BFG at $0.20 and seeing the price today was too tempting and I had to buy back some BFG. If the numbers on BSCscan are accurate and the supply is 2.7 billion then the market cap is under $100 million dollars. It should definitely be worth more and I expect the price to go up when people are done dumping.

bitgolden

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Quote from: CryptoNika on June 17, 2021, 03:10:28 AM

remember we also have a 10BFG withdrawal fee. With all the small withdrawals thats probably quite a lot of BFG wasted on fees. which means more divis for us all Wink

45mil worth of BFG withdrawals are done already again today. So tomorrow divs will be up

I think there isn't any foul play at all, it is just that something is being done as early as possible by the people and that takes some time, who could do over 45 million transactions in a single day, that is like already a huge number and people are still complaining about it, most other places would have hard time with even half of that.

Let there be some sort of period where it gets more and more common, and after the first day I am sure in a week it will be much less and they will be capable of handling it all, we just have a hard time on the first day just like many other places have and that's about it, there is nothing weird about it because it is very common. What we need to check is what betfury will do in a week and in a month because it doesn't have that "you need to gamble to get bfg" deal anymore so it will be a big situation to see if people still gamble or not.

Renampun

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Quote from: onecall123 on June 17, 2021, 09:11:02 AM

It would appear that price is finding a reasonable range now. I was expecting BFG price between 3-5 cents, and here we go. I figure we will come back after all this calms down. Crazy people are selling and smart are buying the dip. Team should list BFG token at Coinmarketcap or Coingecko.

listing BFG in CMC and Coingecko will make BFG more reliable...

in the next few days I plan to buy some more BFG, those who sell BFG must have a lot of tokens or are in need of money. I hope the price can be more stable.

UserU

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Quote from: iv4n on June 17, 2021, 12:04:02 PM

Simple math! I am running through the comments here and on some other places, related to BFG token price! Looks like I missed a party here!

At this price, it's better to buy them than to try to mine them... I mean, we can try to wager a lot more with the same amount, but there's also a risk of losing! I will try to buy some tokens for sure,I have a BSC wallet from a week ago with some coins...

Indeed, go stock up on them while they're cheap. Fire sale Grin

By the way you can try to pair them with BNB (BEP20) and earn from the liquidity pool. This is done through Trust Wallet but for me with not so many BFGs, I'm trying them out to see if the yields are better than staking.

babygun

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Quote from: onecall123 on June 17, 2021, 09:11:02 AM

It would appear that price is finding a reasonable range now. I was expecting BFG price between 3-5 cents, and here we go. I figure we will come back after all this calms down. Crazy people are selling and smart are buying the dip. Team should list BFG token at Coinmarketcap or Coingecko.

I think the price will fluctuate some more in this next couple of days before we consolidate. A dump of the price was also expected as there are always people who just want a quick profit.

iv4n

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Quote from: UserU on June 17, 2021, 05:15:11 AM

Buying them with BTC is the cheapest way for now.

On Biswap, each token costs 90 Sats in BTC (BEP20), or less than $0.04. If you wager, it's 8899 Sats each, or $3.50.

So your best bet is to save up, buy some BTC, withdraw through the Binance Smart Chain and exchange them for BFG.

Simple math! I am running through the comments here and on some other places, related to BFG token price! Looks like I missed a party here!

At this price, it's better to buy them than to try to mine them... I mean, we can try to wager a lot more with the same amount, but there's also a risk of losing! I will try to buy some tokens for sure,I have a BSC wallet from a week ago with some coins...

Quote from: onecall123 on June 17, 2021, 09:11:02 AM

It would appear that price is finding a reasonable range now. I was expecting BFG price between 3-5 cents, and here we go. I figure we will come back after all this calms down. Crazy people are selling and smart are buying the dip. Team should list BFG token at Coinmarketcap or Coingecko.

Still a good price for buying! It's always crazy when it's listing, almost always!

BitcoinHunt3r

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Quote from: dimon121 on June 17, 2021, 08:23:27 AM

I wanted to buy on BFG for 50 BUSD, the commission was $ 28, what did you do there?

Lol where did you buy it? I tried to buy it on biswap and transaction fee is less than $0.2

Did you know if you buy BFG on Biswap you will get back the transaction fee it is paid via BSW token, you will find the banner when starting the exchange
'' Make a Swap at No Cost''

onecall123

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It would appear that price is finding a reasonable range now. I was expecting BFG price between 3-5 cents, and here we go. I figure we will come back after all this calms down. Crazy people are selling and smart are buying the dip. Team should list BFG token at Coinmarketcap or Coingecko.

Bttzed03

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Quote from: dimon121 on June 17, 2021, 08:23:27 AM

I wanted to buy on BFG for 50 BUSD, the commission was $ 28, what did you do there?

The liquidity is probably too low for this pair. There should be more liquidity for BNB-BFG pair. You can swap your BUSD to BNB first before buying BFG.

Can you post a screenshot of the $28 commission? This is what's shown right now

Quote from: dwyane36 on June 17, 2021, 07:59:36 AM

Quote from: CryptoNika on June 17, 2021, 03:10:28 AM

remember we also have a 10BFG withdrawal fee. With all the small withdrawals thats probably quite a lot of BFG wasted on fees.

By the way, there is wrong information about the withdrawal fee on their site.

They updated it. It was 10 when BFG withdrawal was first opened.

dimon121

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I wanted to buy on BFG for 50 BUSD, the commission was $ 28, what did you do there?

dwyane36

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Quote from: UserU on June 17, 2021, 05:15:11 AM

On Biswap, each token costs 90 Sats in BTC (BEP20), or less than $0.04. If you wager, it's 8899 Sats each, or $3.50.

If someone wants to mine BFG tokens on the Betfury site, then he will pay an average of 7 cents(178 sats) for 1 BFG token because of the house edge. Anyway, you're right, and the cheapest way to buy BFG tokens is to use biswap.

Quote from: CryptoNika on June 17, 2021, 03:10:28 AM

remember we also have a 10BFG withdrawal fee. With all the small withdrawals thats probably quite a lot of BFG wasted on fees.

By the way, there is wrong information about the withdrawal fee on their site.

UserU

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Quote from: CryptoNika on June 17, 2021, 07:28:04 AM

I'm pretty sure that is 5 transactions per user. Not 5 tokens lol

Brain fart moment, I'll edit my previous post.

Bttzed03

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Quote from: Nurbag on June 17, 2021, 07:42:12 AM

~
I tried to use Biswap but I don't know how to connect it to TrustWallet.
I could trade 32 Tron for BFG

Trust wallet is supported by BiSwap (click connect wallet and choose TW) You need to convert/swap your TRX to a BEP-20 token before you can buy BFG though because the platform uses Binance Smart Chain (BSC).

Nurbag

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Quote from: UserU on June 17, 2021, 05:15:11 AM

Buying them with BTC is the cheapest way for now.

On Biswap, each token costs 90 Sats in BTC (BEP20), or less than $0.04. If you wager, it's 8899 Sats each, or $3.50.

So your best bet is to save up, buy some BTC, withdraw through the Binance Smart Chain and exchange them for BFG.

I tried to use Biswap but I don't know how to connect it to TrustWallet.
I could trade 32 Tron for BFG

Bttzed03

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Quote from: CryptoNika on June 17, 2021, 01:07:21 AM

Quote from: Bttzed03 on June 17, 2021, 12:26:53 AM

Price is down from $4 to $0.08 now.

To be clear; it started at $0.07 and had an high of around $0.38, not sure where you are getting your 4$ from.

A dot (.) was supposed to be there before the number. I also saw it reached higher before I closed Biswap.

Quote from: FinneysTrueVision on June 17, 2021, 02:16:55 AM

~
Their hot wallet only has 6 million BFG tokens. If they paid out all the large payments right away they would have to keep refilling the wallet and it would slow down the process for everybody else waiting on a withdrawal.

With this kind of reasoning, I'm just glad that you're not part of the Betfury team.

What stopped them from adding more to their hot wallet? Were they not expecting huge withdrawals after listing? Is it to hard to refill when it just takes a few seconds to send a token? I'm pretty sure a minute or five of waiting wouldn't be that much of a bother compared to hours (just like what happened).

Also, take a look at this

Quote from: cryptoperkele on June 17, 2021, 06:47:50 AM

Isn't it funny how admins got their bigger withdrawals approved at the start while others got only their under 1000 bfg transactions trough.

Quote from: FinneysTrueVision on June 17, 2021, 02:16:55 AM

There are also security reasons and possibly compliance reasons for delaying large withdrawals.

How would the number of tokens to be withdrawn affect security? Why did they list on the open market when there are still compliance issues?

BetFury.io

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CryptoNika

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Quote from: UserU on June 17, 2021, 07:08:35 AM

Quote from: Twinkledoe on June 17, 2021, 06:13:01 AM

Quote from: UserU on June 17, 2021, 05:44:01 AM

Quote from: TopTort777 on June 17, 2021, 05:31:24 AM

The price is around 3 cents already. I hope this would improve soon. Can someone please help me with calculation.

Lets say I have 12500 BFG and I get around 1 dollar per day through staking. I can send all my BFG into farming on Biswap with 521.89% APR. How can I calculate more profitable option for me?

My 12500 BFG cost about 500 USD right now. According to farming calculator, in 7d ROI is 9.84% or $98.43 per 1000 USD. Do I calculate it correctly, that my 12500 BFG aka ~500 USD will bring "98,43/2" in 7 days ?

Correct, your $500 worth of BFG holdings will yield half of the $98.43, or $49.215 in BSW tokens after 7 days, or based on current rates.

Take note however the returns diminish with the gradual decline of the APR.

You can only get approximates here as the APR changes. But I can say, if you decided to put your BFG into farming, I believe it is a very promising one. If you will look at the liquidity of the farms, you will get the idea that they really do have good volume considering that they are new in this defi market, and it may still increase in the next coming days. But check also what possible percentage of your share in the pool that you want to join.

Correct.

But now we have to wait. Betfury has limited the withdrawals to 5 tokens a day per user.

Better stake them now rather than adding liquidity over time.

I'm pretty sure that is 5 transactions per user. Not 5 tokens lol

UserU

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Quote from: Twinkledoe on June 17, 2021, 06:13:01 AM

Quote from: UserU on June 17, 2021, 05:44:01 AM

Quote from: TopTort777 on June 17, 2021, 05:31:24 AM

The price is around 3 cents already. I hope this would improve soon. Can someone please help me with calculation.

Lets say I have 12500 BFG and I get around 1 dollar per day through staking. I can send all my BFG into farming on Biswap with 521.89% APR. How can I calculate more profitable option for me?

My 12500 BFG cost about 500 USD right now. According to farming calculator, in 7d ROI is 9.84% or $98.43 per 1000 USD. Do I calculate it correctly, that my 12500 BFG aka ~500 USD will bring "98,43/2" in 7 days ?

Correct, your $500 worth of BFG holdings will yield half of the $98.43, or $49.215 in BSW tokens after 7 days, or based on current rates.

Take note however the returns diminish with the gradual decline of the APR.

You can only get approximates here as the APR changes. But I can say, if you decided to put your BFG into farming, I believe it is a very promising one. If you will look at the liquidity of the farms, you will get the idea that they really do have good volume considering that they are new in this defi market, and it may still increase in the next coming days. But check also what possible percentage of your share in the pool that you want to join.

Correct.

With the recent announcement, Betfury has limited the withdrawals to 5 withdrawals a day per user.

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 318. (Read 84983 times)

Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 318. (Read 84983 times)