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Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 329. (Read 89630 times)

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Yes, we all have been burned at some point! But I never blamed martingale for that, it's I who wanted to make fast money and I got busted with some longer losing streak... and just 6 reds on x2 is not a very long streak!
Yeah, you're right that 6 reds aren't a long losing streak at all. For example, my longest losing streak was 18 times in a row when I tried to use a similar strategy on a dice game with a multiplier of 2x on another gambling site.

6x is normal infact have seen more too. Yes 18 is also too much I guess but generally depending on site and luck you have 6-10 in common. Above that it is really hard luck can say and so for martingale only the ones who has money might be worth it as risk to lose money is highest on such high red streaks.
hero member
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His base bet was 20 BFG, so 20+40+80+160+320+640+... with just 6 reds you are in -1260! What do you think about the longest possible losing streak? Just 6 reds on x2 is not a very long streak! The problem is not in Martingale, the problem is in greediness! It's simple math! With a balance of 1600, the base bet should be 0.000025, and you will survive +20 reds, with a 120% increase after every loss! If you just bet a double increase on a coin toss after every loss, after any losing streak your profit will be your base bet!

Yes, we all have been burned at some point! But I never blamed martingale for that, it's I who wanted to make fast money and I got busted with some longer losing streak... and just 6 reds on x2 is not a very long streak!

Sheeeshhh, that shows how scary those numbers can be once you rage.

The longest I had was 12. A mere 20 Satoshi became 16384. My palms were sweaty, ngl


Yeah, you're right that 6 reds aren't a long losing streak at all. For example, my longest losing streak was 18 times in a row when I tried to use a similar strategy on a dice game with a multiplier of 2x on another gambling site.

How did it go, and how much was your initial bet?
legendary
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Yes, we all have been burned at some point! But I never blamed martingale for that, it's I who wanted to make fast money and I got busted with some longer losing streak... and just 6 reds on x2 is not a very long streak!
Yeah, you're right that 6 reds aren't a long losing streak at all. For example, my longest losing streak was 18 times in a row when I tried to use a similar strategy on a dice game with a multiplier of 2x on another gambling site.
legendary
Activity: 3346
Merit: 1191

Wow, that's quite a big loss but it shows again that Martingale doesn't work. Had a similar experience where I lost most of my BTC using Martingale when playing Limbo.

When money isn't infinite, Martingale falls short. We all have been burned at some point Grin

His base bet was 20 BFG, so 20+40+80+160+320+640+... with just 6 reds you are in -1260! What do you think about the longest possible losing streak? Just 6 reds on x2 is not a very long streak! The problem is not in Martingale, the problem is in greediness! It's simple math! With a balance of 1600, the base bet should be 0.000025, and you will survive +20 reds, with a 120% increase after every loss! If you just bet a double increase on a coin toss after every loss, after any losing streak your profit will be your base bet!

Yes, we all have been burned at some point! But I never blamed martingale for that, it's I who wanted to make fast money and I got busted with some longer losing streak... and just 6 reds on x2 is not a very long streak!
sr. member
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If you have the opportunity to buy BFG it would be the idea, because it is at a very good price, I have not even touched my tokens anymore because I want to wait when BTC reaches new ATH, I think that is when the BFG token will shine, because it can probably come close to 1USD if everything goes well and if the volume remains at a good level.


I should have that mindset when I'm playing with my BFG token, really not good to play with your BFG token the key now is to acquire as many BFG that you can, BFG token looks good now maybe because of the news of the farming and it will keep getting better but on BFG getting on the top 100 they should first get BFG in Coinmarketcap and Coingecko, Biswap is already on both Coingecko and Coinmarketcap.
Biswap has convinced us so far, it is listed on both Coingecko and Coinmarketcap. Because BetFury rolls out updates so quickly, acquiring more BFG ultimately makes sense, since BFG itself looks good in the long run. The process was quick and smooth, and I'm very pleased. BFG token price $0.027 wait until it is more widely available.
legendary
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If you have the opportunity to buy BFG it would be the idea, because it is at a very good price, I have not even touched my tokens anymore because I want to wait when BTC reaches new ATH, I think that is when the BFG token will shine, because it can probably come close to 1USD if everything goes well and if the volume remains at a good level.


I should have that mindset when I'm playing with my BFG token, really not good to play with your BFG token the key now is to acquire as many BFG that you can, BFG token looks good now maybe because of the news of the farming and it will keep getting better but on BFG getting on the top 100 they should first get BFG in Coinmarketcap and Coingecko, Biswap is already on both Coingecko and Coinmarketcap.
sr. member
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There is also no need for that to happen neither, people do not realize that. I mean when you are in decentralized exchanges just let it be in the decentralized exchanges and you will be fine, I do not think that anyone will pressure others into making a centralized exchange push, that is just not needed at all. Think about it, there is an exchange where nobody controls your money, you do not give your money to other people, you own your money, nobody can take it away from you, there is no "our exchange was hacked" type of scam potential, decentralized exchanges are just awesome.

In return you still can trade (for some reason called swap here) and you can keep your money in your wallet up until the swap second and then you get other money in your wallet as soon as you trade. I would personally say that the best way to handle this is keeping it in decentralized exchanges. Go get it to apeswap and pancakeswap if you can, but not centralized ones.

Decentralized exchanges get hacked all the time. If you are just trying to exchange a token then you will probably be fine but if you want to farm or stake there are plenty of risks. There is the potential of smart contract bugs, flash loan attacks, impermanent loss, malicious owners stealing funds and many other ways you can lose money.
hero member
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Wow, that's quite a big loss but it shows again that Martingale doesn't work. Had a similar experience where I lost most of my BTC using Martingale when playing Limbo.

When money isn't infinite, Martingale falls short. We all have been burned at some point Grin
legendary
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Betfury gambling token (BFG) already listed a decentralized exchange (Dex) Biswap decentralized exchange but when Betfury will list on a centralized exchange like Binance and Kucoin.?
I don't think devs should rush to list BFG top centralized exchanges.  This will likely cause more problems than good. 
Listing costs a certain amount of money and the immediately emerging widespread popularity of the new token can cause a strong influx of users, focused on the dump-pump scheme.  It is better if the token is traded on the sly on a little-known decentralized exchange, which the devs have already promised and fulfilled their promise. 
You just don't have to rush.
There is also no need for that to happen neither, people do not realize that. I mean when you are in decentralized exchanges just let it be in the decentralized exchanges and you will be fine, I do not think that anyone will pressure others into making a centralized exchange push, that is just not needed at all. Think about it, there is an exchange where nobody controls your money, you do not give your money to other people, you own your money, nobody can take it away from you, there is no "our exchange was hacked" type of scam potential, decentralized exchanges are just awesome.

In return you still can trade (for some reason called swap here) and you can keep your money in your wallet up until the swap second and then you get other money in your wallet as soon as you trade. I would personally say that the best way to handle this is keeping it in decentralized exchanges. Go get it to apeswap and pancakeswap if you can, but not centralized ones.
sr. member
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^ It was said there,
(*TRX Pool was not replenished with BTT, because the amount of BTT tokens was not enough (50 000 USD required) at the moment of Staking pool replenishment)
The only coin that was not replenished is the TRX because BTT was not enough, so it means there is an amount targeted about the staking pool. However, the selection of staking crypto was reduced is there any chance it will replace a new coin? Like XRP or even LTC?
Nevertheless, that is good action by them keep growing up BetFury team.

You can already play with LTC and it is linked to the BTC pool. Personally, not a fan of XRP because of the lawsuits.


Go bro, it usually happens, many months ago I bet around 1600BFG and I lost them, actually I learned that I should not bet so many BFG and less with the martingale system, when I lost all those tokens it has been difficult for me to recover, sometimes it is difficult to do small bets and get small winnings, but that strategy is the only one that has worked for me, and betting on different games, I played a lot on Coinflip and started with 20 BFG tokens at that moment it was when I lost 160o Tokens, I no longer make bets of that style , the strategy I am talking about works but in the very long term.

If you have the opportunity to buy BFG it would be the idea, because it is at a very good price, I have not even touched my tokens anymore because I want to wait when BTC reaches new ATH, I think that is when the BFG token will shine, because it can probably come close to 1USD if everything goes well and if the volume remains at a good level.


Wow, that's quite a big loss but it shows again that Martingale doesn't work. Had a similar experience where I lost most of my BTC using Martingale when playing Limbo.
hero member
Activity: 2590
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...
Nice, one useless token out of the way.

Ironically, both are owned by Justin Sun though.
This is a good step because the distribution of Tron given can be more...

this is what I appreciate from betfury, they always fix things that are not so efficient on their platform. the team really works hard and well, the distribution of staking rewards is always smooth.
^ It was said there,
(*TRX Pool was not replenished with BTT, because the amount of BTT tokens was not enough (50 000 USD required) at the moment of Staking pool replenishment)
The only coin that was not replenished is the TRX because BTT was not enough, so it means there is an amount targeted about the staking pool. However, the selection of staking crypto was reduced is there any chance it will replace a new coin? Like XRP or even LTC?
Nevertheless, that is good action by them keep growing up BetFury team.
sr. member
Activity: 2520
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...
Nice, one useless token out of the way.

Ironically, both are owned by Justin Sun though.
This is a good step because the distribution of Tron given can be more...

this is what I appreciate from betfury, they always fix things that are not so efficient on their platform. the team really works hard and well, the distribution of staking rewards is always smooth.
legendary
Activity: 2632
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Guys I would like to remind you to moderate your greed because of the good price of the BFG token and the coming farming I take a gamble and use a big portion of my BFG token on dice, used to be successful playing with BFG token I even triple my BFG token but happen in the last two days I have bad days I lose a huge portion of my BFG token, now I have to find a way to regain through mining or buying directly while the price is still cheap.

Go bro, it usually happens, many months ago I bet around 1600BFG and I lost them, actually I learned that I should not bet so many BFG and less with the martingale system, when I lost all those tokens it has been difficult for me to recover, sometimes it is difficult to do small bets and get small winnings, but that strategy is the only one that has worked for me, and betting on different games, I played a lot on Coinflip and started with 20 BFG tokens at that moment it was when I lost 160o Tokens, I no longer make bets of that style , the strategy I am talking about works but in the very long term.

If you have the opportunity to buy BFG it would be the idea, because it is at a very good price, I have not even touched my tokens anymore because I want to wait when BTC reaches new ATH, I think that is when the BFG token will shine, because it can probably come close to 1USD if everything goes well and if the volume remains at a good level.
legendary
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Even Certik brought up the same issues as Rugdoc. This was the recommendation by Certik when it comes to the migrator function: We recommend to either removing such functionality on migrate; or having a timelock as the controlling party with enough delay for such privileged function invocations. The project shall also make clear statement or documents on how they plan to leverage the migrate functionality for proper usage.

Biswap did add a timelock but I'm not sure 6 hours is enough of a delay. There is also no clear statement on how they intend to use this functionality. The likelihood of a hard rug at this stage seems very low in my opinion but since the possibility is still there then it is fair to classify them as high risk according to Rugdoc's standards.
I have been part of rugdocs "group" for a while now and I can say that biswap is not looking like a rug pull type of deal to none of the people there. Are there some problems that needs to be resolved? Should it be a lot better coded? Could it be a lot better done? All yes to those but that doesn't mean that just because something is not perfectly made that doesn't make it a rug pull neither, those are very two different things.

I mean pancakeswap literally had a migration in it that was not keen on by any investor but accepted just because they are pancakeswap but definitely enough reason not to invest into anything else that had the same thing, while we are there we also seen pancake do an update on their token and now they have no migration. Does that mean pancake had a chance to rug pull people? Of course not but there was a mistake? Same logic with biswap.
hero member
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Some extra news about the staking rewards: the BTT pool will be linked to the TRX pool, so you will not receive any more rewards in BTT anymore. Logic change to me as the BTT rewards were low and pretty useless.

https://betfury.io/news/btt-joins-trxpool

Nice, one useless token out of the way.

Ironically, both are owned by Justin Sun though.
sr. member
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Some extra news about the staking rewards: the BTT pool will be linked to the TRX pool, so you will not receive any more rewards in BTT anymore. Logic change to me as the BTT rewards were low and pretty useless.

https://betfury.io/news/btt-joins-trxpool
Indeed, it's a good move. BTT Staking Pool were not as popular as other staking pool. So, BetFury's Staking Pool now offers only five main currencies, respectively BTC, ETH, BNB, USDT and TRX. BTT low reward are causing people to lose their concentration constantly. However, what will happen when users have their BTT balance?

You are still able to withdraw/deposit BTT to play.
legendary
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Guys I would like to remind you to moderate your greed because of the good price of the BFG token and the coming farming I take a gamble and use a big portion of my BFG token on dice, used to be successful playing with BFG token I even triple my BFG token but happen in the last two days I have bad days I lose a huge portion of my BFG token, now I have to find a way to regain through mining or buying directly while the price is still cheap.
sr. member
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Some extra news about the staking rewards: the BTT pool will be linked to the TRX pool, so you will not receive any more rewards in BTT anymore. Logic change to me as the BTT rewards were low and pretty useless.

https://betfury.io/news/btt-joins-trxpool
jr. member
Activity: 42
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Betfury gambling token (BFG) already listed a decentralized exchange (Dex) Biswap decentralized exchange but when Betfury will list on a centralized exchange like Binance and Kucoin.?

I also have the same doubt, it would also be interesting if the Betfury team what plans can be carried out to have the BFG token in the top 100 of CMC to the BFG tokens, I understand that for now it is difficult to do it, because the uncertainty that queen in BTC is unique and many investors are waiting for what things may happen, many have sold, others exchanged for BSW, but the real believers of the token? those who still own the token without moving it from the platform, do they have a higher degree of expectation?

I am really interested because Betfury has been very successful and has delivered on everything they have promised, which makes me a total believer, but in the crypto market I think things are starting to change.


Couldn't agree more. That's also why I think we're in good shape with the USDT pool growing so fast. Makes dividends more stable.
Also, after listing the mining price has been higher (and quite a bit) than buying price. But still we see a stable dividend payment. So this seems to indicate there is enough 'true gambling interest' on the platform and people are not just mining.

We're in a nice spot now with APR sitting at over 100% based on daily div payment and the current BFG price.
That's solid and a nice investment (and don't forget it's a casino lol)
legendary
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I don't think devs should rush to list BFG top centralized exchanges.  This will likely cause more problems than good. 
Listing costs a certain amount of money and the immediately emerging widespread popularity of the new token can cause a strong influx of users, focused on the dump-pump scheme.  It is better if the token is traded on the sly on a little-known decentralized exchange, which the devs have already promised and fulfilled their promise. 
You just don't have to rush.

What is your opinion about Biswap listing? Did it cause any problems or brought something good for Betfury? First listing is a step forward. But wont it cause funds to swim away from the platform and turned platform token into another speculative asset? I havent checked, nor I know how to check, but did listing created more or greater token whales on the platform, who eat most of the staking rewards?
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