When I was part of the project I am working on right now, I have seen so many type of scams that you wouldn't believe in it! There were fake tokens to trick people, fake websites (phishing as we all know) that looked exactly the same as our website, twitters that are fake replying under our tweets as "you won!" and so forth to get money, basically there are about 10 different methods I have seen but these are the most known and unfortunately successful versions of scamming people.
This is why I would advice everyone to stay away from scammers as much as you can and only take a look at the original website. I personally put the website in my favorites on opera, that way I just click on it to go to website and do not have to google or anything like that, that is a good step, plus when you are looking at the twitter make sure the handle is exactly same as the original in tweets, that would help as well.
Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 325. (Read 84983 times)
June 09, 2021, 07:43:51 AM
June 09, 2021, 07:08:28 AM
^ The mined BFG tokens are not just complimentary. It's one of the main feature and selling point of Betfury. I don't think they'll have as many players as they have now if not for that.
If you read some of the past messages on this thread, you'll see some comments of gamblers unhappy with not being able to change client seed. They prefer to play on other platforms because of that reason. I'm guessing they're huge gamblers as well.
I guess many gamblers also don't like Betfury house edge because it looks like more than on other popular crypto gambling sites. Nevertheless, mining of BFG tokens is definitely a great feature, and it probably compensates for these disadvantages of Betfury.If you read some of the past messages on this thread, you'll see some comments of gamblers unhappy with not being able to change client seed. They prefer to play on other platforms because of that reason. I'm guessing they're huge gamblers as well.
June 09, 2021, 07:08:19 AM
I guess many gamblers also don't like Betfury house edge because it looks like more than on other popular crypto gambling sites. Nevertheless, mining of BFG tokens is definitely a great feature, and it probably compensates for these disadvantages of Betfury.
I have noticed BetFury doesn't reveal the house edge of its games (excluding casino) on its help articles.
You have any idea what's the % across the games?
June 09, 2021, 06:54:05 AM
^ The mined BFG tokens are not just complimentary. It's one of the main feature and selling point of Betfury. I don't think they'll have as many players as they have now if not for that.
If you read some of the past messages on this thread, you'll see some comments of gamblers unhappy with not being able to change client seed. They prefer to play on other platforms because of that reason. I'm guessing they're huge gamblers as well.
I guess many gamblers also don't like Betfury house edge because it looks like more than on other popular crypto gambling sites. Nevertheless, mining of BFG tokens is definitely a great feature, and it probably compensates for these disadvantages of Betfury.If you read some of the past messages on this thread, you'll see some comments of gamblers unhappy with not being able to change client seed. They prefer to play on other platforms because of that reason. I'm guessing they're huge gamblers as well.
how are other's managing cashbacks and daily challenges and promotion spins like betfury is doing? I guess a cashback of 4 or 6 % (once you wagered 1btc, it's 6%) is already nice compensation for house edge? (unless others have the same thing of course)
June 09, 2021, 06:31:45 AM
^ The mined BFG tokens are not just complimentary. It's one of the main feature and selling point of Betfury. I don't think they'll have as many players as they have now if not for that.
If you read some of the past messages on this thread, you'll see some comments of gamblers unhappy with not being able to change client seed. They prefer to play on other platforms because of that reason. I'm guessing they're huge gamblers as well.
I guess many gamblers also don't like Betfury house edge because it looks like more than on other popular crypto gambling sites. Nevertheless, mining of BFG tokens is definitely a great feature, and it probably compensates for these disadvantages of Betfury. If you read some of the past messages on this thread, you'll see some comments of gamblers unhappy with not being able to change client seed. They prefer to play on other platforms because of that reason. I'm guessing they're huge gamblers as well.
June 09, 2021, 02:02:51 AM
^ The mined BFG tokens are not just complimentary. It's one of the main feature and selling point of Betfury. I don't think they'll have as many players as they have now if not for that.
If you read some of the past messages on this thread, you'll see some comments of gamblers unhappy with not being able to change client seed. They prefer to play on other platforms because of that reason. I'm guessing they're huge gamblers as well.
If you read some of the past messages on this thread, you'll see some comments of gamblers unhappy with not being able to change client seed. They prefer to play on other platforms because of that reason. I'm guessing they're huge gamblers as well.
June 09, 2021, 01:53:56 AM
This is what worries me a bit; to what extend is there 'healthy playing' on the platform and to what extend is it really mining?
if BFG token can be bought at reasonable price, people will mine less. this will decrease the dividend payouts as well...
(and vice versa... again, this will be interesting
)
if BFG token can be bought at reasonable price, people will mine less. this will decrease the dividend payouts as well...
(and vice versa... again, this will be interesting
)The tokens are simply complementary.
June 09, 2021, 01:31:12 AM
This is what worries me a bit; to what extend is there 'healthy playing' on the platform and to what extend is it really mining?
if BFG token can be bought at reasonable price, people will mine less. this will decrease the dividend payouts as well...
(and vice versa... again, this will be interesting )
if BFG token can be bought at reasonable price, people will mine less. this will decrease the dividend payouts as well...
(and vice versa... again, this will be interesting
)The tokens are simply complementary. Not all casinos have such so it's a nice feature to have to reward loyal players.
It's not the tokens that make things "unhealthy", but rather the mindset that you must own them though whatever means.
June 09, 2021, 01:22:57 AM
...
Don't lose focus, Betfury is a gambling site! BFG token and dividends are just an add-on for us gamblers who like to gamble there!
It's already clear that many members here are playing to mine BFG. Their focus is accumulating more tokens so they can get more dividends.Don't lose focus, Betfury is a gambling site! BFG token and dividends are just an add-on for us gamblers who like to gamble there!
This is what worries me a bit; to what extend is there 'healthy playing' on the platform and to what extend is it really mining?
if BFG token can be bought at reasonable price, people will mine less. this will decrease the dividend payouts as well...
(and vice versa... again, this will be interesting
) June 09, 2021, 01:10:12 AM
...
Don't lose focus, Betfury is a gambling site! BFG token and dividends are just an add-on for us gamblers who like to gamble there!
It's already clear that many members here are playing to mine BFG. Their focus is accumulating more tokens so they can get more dividends.Don't lose focus, Betfury is a gambling site! BFG token and dividends are just an add-on for us gamblers who like to gamble there!
June 08, 2021, 01:29:30 PM
...
Don't lose focus, Betfury is a gambling site! BFG token and dividends are just an add-on for us gamblers who like to gamble there!
It's already clear that many members here are playing to mine BFG. Their focus is accumulating more tokens so they can get more dividends.Don't lose focus, Betfury is a gambling site! BFG token and dividends are just an add-on for us gamblers who like to gamble there!
Quote
By speculating BFG token price, possible outcomes, you are turning this to something else!
Betfury has placed a lot of their attention into the listing BFG and they are also speculating on top 100. You should probably tell them that. 
June 08, 2021, 01:02:14 PM
Bullish future could be destroyed with a horrible start, things are that easy to get ruined in the crypto world. I believe this project has a huge future but the reality is that if we do not end up with something good in the quick first few weeks then we may never get it, we need to show people that it is a great one right at the launch so that they could continue to respect it.
If the price starts to dump a whole lot from the first moment and then people end up with nearly nothing afterwards, then I would have to say that there is a reasonable understanding that others would start to sell as well and it will be a huge crash and recovering from a huge crash is not an easy task, it will be very difficult. Long story short I would have to say that there is a good amount of chance we could end up with a bad launch and that could hurt us, we need to take care of that.
This happens with coins or tokens without intrinsic value and those are purely based on speculation. BFG however pays dividends and it has value already. And after sports betting, it will have more value.
Most of the tokens or coins get their value for their utility on the chain, and often their economic game theory isn't even well designed. Only speculation on BFG is based on the sustainability of dividends and the trust that token ecosystem will be evolved after the mining is over. Unless they want to rely purely on gaming. Even if they would do that, tokens would have value as long people play.
But as i said, it has value already. You can literally get your money back when you buy low enough.
I guess you both have a point... but generally speaking this topic is turning into a speculation thread!
However, Cryptoperkele said something interesting, it's a fact that by holding BFG tokens you have some passive income, so BFG tokens have value! So will anyone trade the passive income purely depends on the person and goals of that person!
As I said before, you can try to trade your stocks (passive income) and short it (sell high, buy low = have more tokens, higher payouts), and that can work or not... but that's trading, and mostly speculating!
Don't lose focus, Betfury is a gambling site! BFG token and dividends are just an add-on for us gamblers who like to gamble there! By speculating BFG token price, possible outcomes, you are turning this to something else!
June 08, 2021, 10:31:56 AM
Bullish future could be destroyed with a horrible start, things are that easy to get ruined in the crypto world. I believe this project has a huge future but the reality is that if we do not end up with something good in the quick first few weeks then we may never get it, we need to show people that it is a great one right at the launch so that they could continue to respect it.
If the price starts to dump a whole lot from the first moment and then people end up with nearly nothing afterwards, then I would have to say that there is a reasonable understanding that others would start to sell as well and it will be a huge crash and recovering from a huge crash is not an easy task, it will be very difficult. Long story short I would have to say that there is a good amount of chance we could end up with a bad launch and that could hurt us, we need to take care of that.
This happens with coins or tokens without intrinsic value and those are purely based on speculation. BFG however pays dividends and it has value already. And after sports betting, it will have more value.
Most of the tokens or coins get their value for their utility on the chain, and often their economic game theory isn't even well designed. Only speculation on BFG is based on the sustainability of dividends and the trust that token ecosystem will be evolved after the mining is over. Unless they want to rely purely on gaming. Even if they would do that, tokens would have value as long people play.
But as i said, it has value already. You can literally get your money back when you buy low enough.
June 08, 2021, 09:46:49 AM
Well it's better we will observe developments for the next few months, btw tokens that are under the TRON contract rarely enter the top 100 market
If successful, of course BFG will be the first IMO and tokens with staking mode usually go into sleep mode investors prefer to keep tokens and volume does not increase
You are right in this, but you also have to take into account that already through the auctions the Betfury team has been testing the "Offer" and the "Demand", so they may have information according to their community that it is the one that handles the tokens, of course I imagine they have made the calculations to be launched on the market in an eventual Exchange, it must also be borne in mind that this token will have a bullish future depending on the type of Exchange that is going to carry out the trade.If successful, of course BFG will be the first IMO and tokens with staking mode usually go into sleep mode investors prefer to keep tokens and volume does not increase
Everyone is waiting for Binance or a similar one, you just have to wait, also Betfury has never disappointed its community and I am sure this time it will be a pleasant surprise.
If the price starts to dump a whole lot from the first moment and then people end up with nearly nothing afterwards, then I would have to say that there is a reasonable understanding that others would start to sell as well and it will be a huge crash and recovering from a huge crash is not an easy task, it will be very difficult. Long story short I would have to say that there is a good amount of chance we could end up with a bad launch and that could hurt us, we need to take care of that.
Yes, what happens is that when a coin is launched in the market the first reaction is a massive sale, I have seen it, in Binance it usually happens with new coins, the base price is usually one of the things with which people They get excited, they all think that the base price will go up or they take accounts of how many tokens it will give them in FIAT, it must be borne in mind that Betfury has had an impeccable job in everything that has been proposed, in my case I bet because Betfury in the market you will have very good luck and may have a somewhat more stable market price with an option to go up. I think that many of those who wanted to get rid of the tokens have changed them in the auctions.
June 08, 2021, 09:43:16 AM
1 day since staking, over 50 cents. Not bad with the APR although it's slowly reducing
https://i.ibb.co/nLXctHB/moni.png
https://i.ibb.co/nLXctHB/moni.png
These percentages remind me of the early days of Bitcoin when HYIPs were really popular because of the ridiculously high returns they promised. With DeFi though, they are just creating their own token to sustain these high percentages for the early investors.
How long do you think this high APR will last and would BSW manage to keep this price? When I first transferred BSW and add it to launchpool, its price was around 95 cents. Few hours later I've noticed price drop to 88 cents. Yesterday I saw 1.6+ dollar but now it is greatly lower. Hope this drop was cause by overall cryptocurrency price decrease, and not by BSW owners.
June 08, 2021, 08:02:45 AM
Was the site revoked? Look at the place of the license icon there is a red cross !!!
I didn't notice it turning red but it is green now so it might have just been a temporary glitch. You can click on the icon and it goes to a page that indicates that the license is valid.
June 08, 2021, 07:50:39 AM
These percentages remind me of the early days of Bitcoin when HYIPs were really popular because of the ridiculously high returns they promised. With DeFi though, they are just creating their own token to sustain these high percentages for the early investors.
June 08, 2021, 06:55:43 AM
1 day since staking, over 50 cents. Not bad with the APR although it's slowly reducing
https://i.ibb.co/nLXctHB/moni.png
https://i.ibb.co/nLXctHB/moni.png
These percentages remind me of the early days of Bitcoin when HYIPs were really popular because of the ridiculously high returns they promised. With DeFi though, they are just creating their own token to sustain these high percentages for the early investors.
June 08, 2021, 03:20:07 AM
Was the site revoked? Look at the place of the license icon there is a red cross !!! They completely control the cost of BFG and start trading when the price is very low, in order to buy most of it, then they will set a higher price so that when playing in the casino you will receive the th token not for 1 dollar but for 10 cents, so it will be more profitable to play for those who trade, it will be more profitable to trade))) I always trade in +, I close 100 percent of transactions with a profit
June 08, 2021, 01:11:43 AM
~
You can still get some By the way, there will be either some serious price and mining action OR not much will happen and BFG price will reflect mining cost.
IF BFG would go up too much, whales will mine all the BFG as fast as possible to make quick profit. This will short term inflate the div payments.. bot longer term it will pose some interesting challenges to keep Betfury alive and interesting..
Some mechanism to keep mining available will probably have to come in place
However, it could also go the other way around; cheap BFG, mining is more expensive so people stop and buy instead, buy pressure raises price a little maybe, but... more BFG staked, less mining so less dividend payments.
That might happen in the short term.
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