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Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 330. (Read 78233 times)

hero member
Activity: 2058
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I think that Betfury.io must build-in an exchanger in their gambling site. I think I've seen something similar on other gambling sites. They might even make exchange rate more profitable for betfury (so that people wont use them just to exchange crap into top alts). That will be the best solution for everyone. Betfury might earn from exchange, gamblers will be able to save on the fees. Otherwise the fees will kill part of low budget player.

Yeah, a built-in exchange is better than leaving those coins idle. Or at least introduce some interest from hodling them like a vault.
legendary
Activity: 2324
Merit: 1448
....
Fees for these erc-20 tokens are just crazy high (withdrawal fee for all these coins are above 15$...).
$20+ spent on fees that you could have used that to play games and mine BFG tokens hehe.

I think that Betfury.io must build-in an exchanger in their gambling site. I think I've seen something similar on other gambling sites. They might even make exchange rate more profitable for betfury (so that people wont use them just to exchange crap into top alts). That will be the best solution for everyone. Betfury might earn from exchange, gamblers will be able to save on the fees. Otherwise the fees will kill part of low budget player.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform


As always, the future will bring a lot of fun for all Betfury players... of course, some will win, some will lose, but that's gambling! Smiley

Betfury started with TRX only! And just look where they are now with so many coins they accept! Why hurry with so many new coins? They will add new coins from time to time, and high chances every new listing will have some promotion, like until now! As a site, they are growing fast, and I don't see any reasons for that growth to stop!

I'm not yet receiving rewards from the coins, are there other members receiving rewards from the new coins added, with the addition of the new coins in the staking rewards, members will now have a second thought of putting their BFG token in the auction, the potential of BFG token once it is listed in the market is going great now, this is the only thing that we are waiting to happen.

Are you saying that new coins are paid out as staking rewards? So far, new coins are not available as staking rewards there are only 6 coins / tokens the same as before
I discussed with some of my friends in their group saying betfury has been running for almost 1 year but there has been no exchange yet, right?
legendary
Activity: 3192
Merit: 1198
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As always, the future will bring a lot of fun for all Betfury players... of course, some will win, some will lose, but that's gambling! Smiley

Betfury started with TRX only! And just look where they are now with so many coins they accept! Why hurry with so many new coins? They will add new coins from time to time, and high chances every new listing will have some promotion, like until now! As a site, they are growing fast, and I don't see any reasons for that growth to stop!

I'm not yet receiving rewards from the coins, are there other members receiving rewards from the new coins added, with the addition of the new coins in the staking rewards, members will now have a second thought of putting their BFG token in the auction, the potential of BFG token once it is listed in the market is going great now, this is the only thing that we are waiting to happen.
legendary
Activity: 3164
Merit: 1175
agree with you, adding other tokens besides eth is much better...
EOS, DOT, Litecoin I totally agree but XRP must be watched first. it's much better at adding BCH and Stellar too IMO.

Yes Ripple is perhaps somewhat critical due to the events in the past.
But as I said, the core of my statement was related to more alternatives.

Let's see what the future brings...

As always, the future will bring a lot of fun for all Betfury players... of course, some will win, some will lose, but that's gambling! Smiley

Betfury started with TRX only! And just look where they are now with so many coins they accept! Why hurry with so many new coins? They will add new coins from time to time, and high chances every new listing will have some promotion, like until now! As a site, they are growing fast, and I don't see any reasons for that growth to stop!
legendary
Activity: 1022
Merit: 1043
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agree with you, adding other tokens besides eth is much better...
EOS, DOT, Litecoin I totally agree but XRP must be watched first. it's much better at adding BCH and Stellar too IMO.

Yes Ripple is perhaps somewhat critical due to the events in the past.
But as I said, the core of my statement was related to more alternatives.

Let's see what the future brings...
sr. member
Activity: 2338
Merit: 365
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...

Yes, I completely agree with you.
What I wanted to say that I just still lack alternatives.
Just something like EOS, DOT, Litecoin or XRP...
The more alternatives, the more attractive, I think!
agree with you, adding other tokens besides eth is much better...
EOS, DOT, Litecoin I totally agree but XRP must be watched first. it's much better at adding BCH and Stellar too IMO.
sr. member
Activity: 1526
Merit: 412
I actually find that Ethereum-based tokens bring me nothing at all.
As long as the ETH 2.0 update has not been activated, I avoid sending ERC-20 tokens.

More alternative tokens like Polkadot or something like that would be nice.
But you have to see the good side of this, if you accumulate everything you can in those tokens you would have a good savings, there are also many possibilities that Eth2.0 be released for July this year.
I don't know where you are getting the idea of savings. Betfury ask you to deposit and gamble them on their platform. You are also not getting them as dividends since they are part of the ETH staking pool. Perhaps you are talking about the boxes they sell for Link and CHZ? The prices are not that high to be considered as savings.

EIP-1559 is not Eth2.0 It's like a patch to control gas fees temporarily.

....
Fees for these erc-20 tokens are just crazy high (withdrawal fee for all these coins are above 15$...).
$20+ spent on fees that you could have used that to play games and mine BFG tokens hehe.
legendary
Activity: 1022
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αLPʜα αɴd ΩMeGa
With this in mind, developers have put forward EIP-1559, an Ethereum improvement proposal that will overhaul the way fees are calculated on the blockchain. When the upgrade is implemented this coming July, transaction fees will be dynamically adjusted algorithmically. A deflationary aspect will be introduced to Ethereum’s tokenomics at the same time, with a portion of the network fees set to be burned out of existence after each transaction.
Source: https://cointelegraph.com/news/ethereum-s-return-to-all-time-high-accompanied-by-77-rise-in-transaction-fees

Time passes fast, Bitcoin will probably have a much greater price than now, and it is very likely tokens are at a great price, Betfury can give you a good push to savings.
[/quote]

Yes, I completely agree with you.
What I wanted to say that I just still lack alternatives.
Just something like EOS, DOT, Litecoin or XRP...
The more alternatives, the more attractive, I think!
legendary
Activity: 2450
Merit: 1855
Leading Crypto Sports Betting & Casino Platform
I actually find that Ethereum-based tokens bring me nothing at all.
As long as the ETH 2.0 update has not been activated, I avoid sending ERC-20 tokens.

More alternative tokens like Polkadot or something like that would be nice.
But you have to see the good side of this, if you accumulate everything you can in those tokens you would have a good savings, there are also many possibilities that Eth2.0 be released for July this year. In this article it can be seen in what I quote:

Quote
With this in mind, developers have put forward EIP-1559, an Ethereum improvement proposal that will overhaul the way fees are calculated on the blockchain. When the upgrade is implemented this coming July, transaction fees will be dynamically adjusted algorithmically. A deflationary aspect will be introduced to Ethereum’s tokenomics at the same time, with a portion of the network fees set to be burned out of existence after each transaction.
Source: https://cointelegraph.com/news/ethereum-s-return-to-all-time-high-accompanied-by-77-rise-in-transaction-fees

Time passes fast, Bitcoin will probably have a much greater price than now, and it is very likely tokens are at a great price, Betfury can give you a good push to savings.
member
Activity: 889
Merit: 60
I am happy that they added more alts but it would have indeed been better if they first added BEP20 tokens. Fees for these erc-20 tokens are just crazy high (withdrawal fee for all these coins are above 15$...).

When playing on Betfury, I also experience a lot of lag (or server maintenance), do some of you guys experience the same issue ?


If i start to get them as dividends at some point i think i am taking them out only after eth scaling is finished. When ever that is going to happen. At that time those tokens could also be radically more valuable. But i am also looking for them to add actual coins with blockchain, not just tokens.
sr. member
Activity: 2100
Merit: 254

Why did you not add top BEP20 tokens first? It looks like you've added the erc-20 tokens too early but you probably did so you can strike while these tokens are hot on the market. It's a good way to collect more before they pump higher.

I am happy that they added more alts but it would have indeed been better if they first added BEP20 tokens. Fees for these erc-20 tokens are just crazy high (withdrawal fee for all these coins are above 15$...).

When playing on Betfury, I also experience a lot of lag (or server maintenance), do some of you guys experience the same issue ?
legendary
Activity: 2702
Merit: 1465
Do you mean by BFG here not BFC? But it seems, the betfury team is not keen on adding their internal exchange for now. But let's see in the future. Eth has very high gas fee at the moment. So if you have eth in your account coming from your staking payouts and not practical to withdraw at this moment, maybe just wait for the eth network to resolve their gas fee problem. Just let it sit and wait for the right timing. You can't do anything much right now as the fee is really a burden for small timers.
This is of course the right advice,.... but I think that now the fees for transactions on Ethereum will never be so small that it will be possible to transfer even small amounts.  This is true for many players from countries with low incomes of the population.  Unfortunately, I think that if commissions start to decrease, then there are still users of cryptocurrencies, those who use DeFi and trading robots, which will still make commissions large. 
I think even Ethereum 2.0 will not save the situation. 
So you have to wait a long time, alas Angry
full member
Activity: 588
Merit: 111
I love the Cryptocurrency world
I'm curious why Betfury added them knowing gas is a well known problem to retail traders or casual gamblers.

Current fees to transfer erc-20 tokens from etherscan,
Low - $27
Average - $30
High - $31

Perhaps they are only targeting high rollers for this events? They probably wouldn't mind even if the transaction fee is $50.

This is why the idea of an internal exchange makes sense. I would love to participate in the current competition related to these altcoins but there is no way I would spend so much money on gas fees. I don't even have any of these ERC-20 tokens so first I would have to make an exchange and then pay another fee when I transfer them to Betfury. If I use a DEX to acquire these tokens it would end up costing an arm and a leg.

BNB is available there you only pay a low fee to play if you use BNB of course the BNB version of the BSC
There are also tokens with the TRON network which are definitely cheaper there are many other options anyway

Ethereum fees are crazy high, we are talking about that for some time already. I don't use Ethereum for almost two weeks, and I don't plan to until they solve their fees!
I think the idea of internal exchange still doesn't make any sense... Betfury is a casino, not an exchange... and as Dewi Aries wrote, we have BNB and TRX for low transactions, two coins I use for gambling not just on Betfury, in other casinos too! If they accept them, if not I use Litecoin, Doge...

I am not into defi, farming, etc... but there are many people from that crypto side! They are paying high fees in any case, so I guess they will not have an issue spending for high fees when they wish to gamble! Well, Betfury will give them a place to gamble!

Thanks for your reply! We understand that the Ethereum fee is high. For this reason, we'll also add currencies on BSC. In the near future, we'll also list Bitcoin-based & Polkadot-based currencies. We wish you successful bets  Wink

If they add these coins that they say would not only have a large magnitude of buyers, could they implement the buying and selling of cryptocurrencies to make it easier, that is, would they exchange the BFC for these coins? have you thought about that possibility?

Do you mean by BFG here not BFC? But it seems, the betfury team is not keen on adding their internal exchange for now. But let's see in the future. Eth has very high gas fee at the moment. So if you have eth in your account coming from your staking payouts and not practical to withdraw at this moment, maybe just wait for the eth network to resolve their gas fee problem. Just let it sit and wait for the right timing. You can't do anything much right now as the fee is really a burden for small timers.

It's my mistake, sorry it's BFG, thank you very much and you're right, they still don't plan to put an internal exchange, I have seen a clock of the new alts have started ticking in the casino, our BFG also looks at them new alts? This excites me more, although I have not had any luck betting at Betfury, but I use the staking tickets to play and it is fun, I hope they continue to integrate more coins.
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Activity: 1904
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I'm curious why Betfury added them knowing gas is a well known problem to retail traders or casual gamblers.

Current fees to transfer erc-20 tokens from etherscan,
Low - $27
Average - $30
High - $31

Perhaps they are only targeting high rollers for this events? They probably wouldn't mind even if the transaction fee is $50.

This is why the idea of an internal exchange makes sense. I would love to participate in the current competition related to these altcoins but there is no way I would spend so much money on gas fees. I don't even have any of these ERC-20 tokens so first I would have to make an exchange and then pay another fee when I transfer them to Betfury. If I use a DEX to acquire these tokens it would end up costing an arm and a leg.

BNB is available there you only pay a low fee to play if you use BNB of course the BNB version of the BSC
There are also tokens with the TRON network which are definitely cheaper there are many other options anyway

Ethereum fees are crazy high, we are talking about that for some time already. I don't use Ethereum for almost two weeks, and I don't plan to until they solve their fees!
I think the idea of internal exchange still doesn't make any sense... Betfury is a casino, not an exchange... and as Dewi Aries wrote, we have BNB and TRX for low transactions, two coins I use for gambling not just on Betfury, in other casinos too! If they accept them, if not I use Litecoin, Doge...

I am not into defi, farming, etc... but there are many people from that crypto side! They are paying high fees in any case, so I guess they will not have an issue spending for high fees when they wish to gamble! Well, Betfury will give them a place to gamble!

Thanks for your reply! We understand that the Ethereum fee is high. For this reason, we'll also add currencies on BSC. In the near future, we'll also list Bitcoin-based & Polkadot-based currencies. We wish you successful bets  Wink

If they add these coins that they say would not only have a large magnitude of buyers, could they implement the buying and selling of cryptocurrencies to make it easier, that is, would they exchange the BFC for these coins? have you thought about that possibility?

Do you mean by BFG here not BFC? But it seems, the betfury team is not keen on adding their internal exchange for now. But let's see in the future. Eth has very high gas fee at the moment. So if you have eth in your account coming from your staking payouts and not practical to withdraw at this moment, maybe just wait for the eth network to resolve their gas fee problem. Just let it sit and wait for the right timing. You can't do anything much right now as the fee is really a burden for small timers.
sr. member
Activity: 2338
Merit: 365
★Bitvest.io★ Play Plinko or Invest!

I come from Indonesia and it looks like Betfury is banned here 'lol'...
but I'm not worried, using VPN will get me past this but it will affect my connection when playing crashes. Grin
full member
Activity: 588
Merit: 111
I love the Cryptocurrency world
I'm curious why Betfury added them knowing gas is a well known problem to retail traders or casual gamblers.

Current fees to transfer erc-20 tokens from etherscan,
Low - $27
Average - $30
High - $31

Perhaps they are only targeting high rollers for this events? They probably wouldn't mind even if the transaction fee is $50.

This is why the idea of an internal exchange makes sense. I would love to participate in the current competition related to these altcoins but there is no way I would spend so much money on gas fees. I don't even have any of these ERC-20 tokens so first I would have to make an exchange and then pay another fee when I transfer them to Betfury. If I use a DEX to acquire these tokens it would end up costing an arm and a leg.

BNB is available there you only pay a low fee to play if you use BNB of course the BNB version of the BSC
There are also tokens with the TRON network which are definitely cheaper there are many other options anyway

Ethereum fees are crazy high, we are talking about that for some time already. I don't use Ethereum for almost two weeks, and I don't plan to until they solve their fees!
I think the idea of internal exchange still doesn't make any sense... Betfury is a casino, not an exchange... and as Dewi Aries wrote, we have BNB and TRX for low transactions, two coins I use for gambling not just on Betfury, in other casinos too! If they accept them, if not I use Litecoin, Doge...

I am not into defi, farming, etc... but there are many people from that crypto side! They are paying high fees in any case, so I guess they will not have an issue spending for high fees when they wish to gamble! Well, Betfury will give them a place to gamble!

Thanks for your reply! We understand that the Ethereum fee is high. For this reason, we'll also add currencies on BSC. In the near future, we'll also list Bitcoin-based & Polkadot-based currencies. We wish you successful bets  Wink

If they add these coins that they say would not only have a large magnitude of buyers, could they implement the buying and selling of cryptocurrencies to make it easier, that is, would they exchange the BFC for these coins? have you thought about that possibility?
sr. member
Activity: 1526
Merit: 412
I'm curious why Betfury added them knowing gas is a well known problem to retail traders or casual gamblers.
Current fees to transfer erc-20 tokens from etherscan,
Low - $27
Average - $30
High - $31

Perhaps they are only targeting high rollers for this events? They probably wouldn't mind even if the transaction fee is $50.
..... I would love to participate in the current competition related to these altcoins but there is no way I would spend so much money on gas fees.
BNB is available there you only pay a low fee to play if you use BNB of course the BNB version of the BSC
There are also tokens with the TRON network which are definitely cheaper there are many other options anyway
Everybody knows the fees on BSC and Tron are cheaper but you are still missing the point. Maybe you should take a look at the current competition's rules? Just so you know, betting with BNB and TRX doesn't count.

.....
We understand that the Ethereum fee is high. For this reason, we'll also add currencies on BSC. In the near future, we'll also list Bitcoin-based & Polkadot-based currencies. We wish you successful bets  Wink
Why did you not add top BEP20 tokens first? It looks like you've added the erc-20 tokens too early but you probably did so you can strike while these tokens are hot on the market. It's a good way to collect more before they pump higher.
legendary
Activity: 2450
Merit: 1855
Leading Crypto Sports Betting & Casino Platform

Thanks for your reply! We really want to add all the top cryptocurrencies from CoinMarketCap. Take into account that these new currencies (LINK/CHZ/BAT/ZRX/ENJ) apply to the ETH Staking Pool, which means that there will not be a separate staking pool for every of them. All funds from lost bets will be accumulating at the platform’s wallets and all winning payouts will be made from it. Once a month we’ll replenish the ETH staking pool with the accumulated funds. We will definitely inform the community about the size of the pool replenishment Smiley

Ok thanks, interesting! The site has evolved quite a lot in these recent months (addition of ETH, addition of BNB, BFG merging, addition of more altcoins, ...). Looking forward to the future developments and the listing of BFG. Keep up the good work!

This really clarifies many things, Betfury's vision is for things to be fixed with high ETH fees, once these coins are fixed they have good potential and together with the merger I think there will be no need for an external exchange , because it is very likely that they think of implementing an internal exchange, which is better and more controlled by the same casino. Maybe they are thinking of continuing to list more coins, to have a good selection for players, I think that Betfury's vision is much broader and they are thinking of covering many topics, they aim to be a level 1A casino and they can achieve it in very little time, I admire the management of your team.
member
Activity: 889
Merit: 60
I do agree that we can't really calculate on the price because something needs to be on the market sold or bought in an exchange like binance (any big one) and let the people decide on what the price would be. Right now, it is not like that and I think it's still valuable to a lot of people, I would buy it, depending on the price of course but I can easily say that if it was something like 5 cents or 10 cents I would sell every other coin I own, literally sell all of them and would buy BFG for sure; which tells me, if that is the case there must be some other people like me and we would keep the price higher.

I would estimate something like 0.50 would be a lot more possible because that would be the price to just "put a bit in" for me and that's what I assume many people would do as well. Of course I could be wrong, maybe people do not agree with me, that's why without a huge exchange trading, there is nothing we can know.

Why would people pay for 50 cents per coin when you can mine it way cheaper? Quoting older post from Darkstar here:

Considering it costs 8 cents to mine a BFG BTC token right now (0.00008199 * 0.02 = 0.00000164BTC), it's pretty much impossible for it to hit $1 unless Bitcoin's price increases tenfold. If that happened, the div pool would likely be worth way more as well so it might be worth it to keep holding.

Mining price has changed and at the current btc price it costs now $0,12 per token to mine in average if my math is correct. So why would anyone pay 50 cents for that?
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