With the current votes of 93.11% in favor of merging, i don't think it's even a matter of choice anymore unless there's more weight with the votes of large token holders that could affect in it.
By the way i voted for merging but i find it frustrating that i can't change my vote if i happen to change my mind because of the some arguments i see in here. It should be easy enough to have an option to change it.
Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 347. (Read 78864 times)
March 05, 2021, 09:14:30 AM
March 05, 2021, 12:37:43 AM
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I'm really curious about how they decided on +2% and +10% boosts respectively.
I was thinking about that when I read the announcement. Maybe it's related to this:I'm really curious about how they decided on +2% and +10% boosts respectively.
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the worse decision I made in the past is wasting my BFG BTC token in the auction, I lose half of it,
I never did auction but I lost some of my BFG (BTC) on Crash. I felt scared that time and I never tried wagering it again the worse decision I made in the past is wasting my BFG BTC token in the auction, I lose half of it,
March 04, 2021, 11:47:52 PM
I had to read twice to get your point and, yes, it doesn't really change the payout for current holders. The higher payouts will be in comparison to the new miners/holders.
That's a very good point that I didn't really consider. I still don't like that BFG (BTC) holders get reduced payments compared to BFG (TRX) holders, but maybe it'll work out better for all existing holders in the long run. I'm really curious about how they decided on +2% and +10% boosts respectively.
March 04, 2021, 10:49:25 PM
I voted in favor of the merge mainly because I have more TRX tokens and I do not get much from it. The 10% additional tokens is also a nice offer.
I did the same, the worse decision I made in the past is wasting my BFG BTC token in the auction, I lose half of it, I should have to use BFG trx token in the auction instead now I'm trying to get as many BFG BTC token by doing dice, it's kinda slow as I'm doing it manually, I don't want to lose many BFG BTC token as this will have a good price in the market.
March 04, 2021, 10:37:42 PM
I voted in favor of the merge mainly because I have more TRX tokens and I do not get much from it. The 10% additional tokens is also a nice offer.
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They state that BFG(TRX) holders gain 10% higher payouts, while BFG(BTC) holders gain 2% higher payouts. However, I believe only the number of BFG changes (they aren't adding anything to the divpool). If everyone has more tokens, it's as if no one has more tokens.
I had to read twice to get your point and, yes, it doesn't really change the payout for current holders. The higher payouts will be in comparison to the new miners/holders. They state that BFG(TRX) holders gain 10% higher payouts, while BFG(BTC) holders gain 2% higher payouts. However, I believe only the number of BFG changes (they aren't adding anything to the divpool). If everyone has more tokens, it's as if no one has more tokens.
March 04, 2021, 06:46:48 PM
❓ BFG token Merging ❓Your vote is important to us!
The BetFury team never stops improving💪 so it's time for BFG tokenomics upgrade.
🙏Hope for your support and kindly ask you
to take part in the ✅community voting✅
https://betfury.io/bfg-merging
The BetFury team never stops improving💪 so it's time for BFG tokenomics upgrade.
🙏Hope for your support and kindly ask you
to take part in the ✅community voting✅
https://betfury.io/bfg-merging
I fully expect it to pass based on current votes and how BetFury has presented it, but I voted against it since I primarily hold BFG(BTC). The site presents this:
They state that BFG(TRX) holders gain 10% higher payouts, while BFG(BTC) holders gain 2% higher payouts. However, I believe only the number of BFG changes (they aren't adding anything to the divpool). If everyone has more tokens, it's as if no one has more tokens since the divpool stays the same. Overall, the net result is that BFG(BTC) holders get more diluted and receive a smaller payout then before.
March 04, 2021, 06:08:19 PM
I think that with the unification of the tokens it will be something great, it will be much more precious to take care of those juicy tokens, I like when this kind of change benefits customers, this type of mergers will make BFG much more representative, and if in a Future manage to list in some Exchange will be much easier to handle it, these tokens are excellent for Hodlear.
March 04, 2021, 05:26:33 PM
❓ BFG token Merging ❓Your vote is important to us!
The BetFury team never stops improving💪 so it's time for BFG tokenomics upgrade.
🙏Hope for your support and kindly ask you
to take part in the ✅community voting✅
https://betfury.io/bfg-merging
The BetFury team never stops improving💪 so it's time for BFG tokenomics upgrade.
🙏Hope for your support and kindly ask you
to take part in the ✅community voting✅
https://betfury.io/bfg-merging
That's a great move that will be beneficial for all players! I see only positives in the move, the ratio of distributed coins will be a little bit different but I don't care about that.
Pretty sure that a majority off the players will be support this merge.
March 04, 2021, 05:13:02 PM
❓ BFG token Merging ❓Your vote is important to us!
The BetFury team never stops improving💪 so it's time for BFG tokenomics upgrade.
🙏Hope for your support and kindly ask you
to take part in the ✅community voting✅
https://betfury.io/bfg-merging
https://i.imgur.com/xaoxT7s.jpg
The BetFury team never stops improving💪 so it's time for BFG tokenomics upgrade.
🙏Hope for your support and kindly ask you
to take part in the ✅community voting✅
https://betfury.io/bfg-merging
https://i.imgur.com/xaoxT7s.jpg
Merging BFG into a single unified token makes perfect sense. Usurprisingly, this option is well ahead with over 90% of the vote.
It was becoming a waste of time to try and earn BFG(TRX) tokens because the dividends were not great and it takes longer to recuperate what you wagered to mine the token.
copper member
Activity: 61
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Social i-Gaming Crypto platform with BTC dividends
March 04, 2021, 04:29:35 PM
❓ BFG token Merging ❓Your vote is important to us!
The BetFury team never stops improving💪 so it's time for BFG tokenomics upgrade.
🙏Hope for your support and kindly ask you
to take part in the ✅community voting✅
https://betfury.io/bfg-merging
The BetFury team never stops improving💪 so it's time for BFG tokenomics upgrade.
🙏Hope for your support and kindly ask you
to take part in the ✅community voting✅
https://betfury.io/bfg-merging
March 04, 2021, 09:43:20 AM
Listing on binance is quite hard since there are successful tokens/coins still didn't land there, but supporters shouldn't lose hope for that since provably that's the target but for now dev can select to add this to decent exchange where the requirement for listing is not so technical. But I think not the token circulation is needed to work them out but instead on how they can make their token useful so that the holders may have an options on how they can use their tokens.
It doesn't have to be Binance on its first listing, we can go to tier 2 exchange this is to test the demand of the token, and once the volume builds up, then Binance will be the next target, members are speculating if we have one exchange, will see how high is the demand, it can even attract traders, once they see the potential.
March 04, 2021, 09:34:38 AM
It is, my BFG tokens come from three weeks of the bounty campaign and lost some of it from the auction but after seeing the coins that I'm getting from staking I stopped participating in the auction, I still do dice using my BFG tokens, but I'm very careful not to lose it's a source of passive income that I don't want to lose.
Everyone here was waiting for listing on large exchanges like Binance. But I think that there is no need for devs to rush. It is better to work out the token circulation system on your website with high quality before entering a large crypto market.
Listing on binance is quite hard since there are successful tokens/coins still didn't land there, but supporters shouldn't lose hope for that since provably that's the target but for now dev can select to add this to decent exchange where the requirement for listing is not so technical. But I think not the token circulation is needed to work them out but instead on how they can make their token useful so that the holders may have an options on how they can use their tokens.
March 04, 2021, 09:19:57 AM
It is, my BFG tokens come from three weeks of the bounty campaign and lost some of it from the auction but after seeing the coins that I'm getting from staking I stopped participating in the auction, I still do dice using my BFG tokens, but I'm very careful not to lose it's a source of passive income that I don't want to lose.
Everyone here was waiting for listing on large exchanges like Binance. But I think that there is no need for devs to rush. It is better to work out the token circulation system on your website with high quality before entering a large crypto market.
March 03, 2021, 01:38:50 PM
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.
Hey Darkstar, I think mining 1 BFG (BTC) token costs right now around 4.2 $ (0.00008199 * 51340$).
House edge is 2%, so you're expected to lose 2% of your bet. If you placed 1000 bets of 0.00008199BTC each at 1.03x multiplier (95% win chance), would you expect to lose all 1000 bets?
Oh, my mistake, sorry! I thought you were just calculating how much you need to wager to mine a BFG (BTC) token and not the actual cost.
March 03, 2021, 01:31:22 PM
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.
Hey Darkstar, I think mining 1 BFG (BTC) token costs right now around 4.2 $ (0.00008199 * 51340$).
House edge is 2%, so you're expected to lose 2% of your bet. If you placed 1000 bets of 0.00008199BTC each at 1.03x multiplier (95% win chance), would you expect to lose all 1000 bets?
March 03, 2021, 01:25:03 PM
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.
Hey Darkstar, I think mining 1 BFG (BTC) token costs right now around 4.2 $ (0.00008199 * 51340$).
It is, my BFG tokens come from three weeks of the bounty campaign and lost some of it from the auction but after seeing the coins that I'm getting from staking I stopped participating in the auction, I still do dice using my BFG tokens, but I'm very careful not to lose it's a source of passive income that I don't want to lose.
If you don't want to loose any BFG tokens than don't use the token for gambling. I also mine on dice to gain more tokens but I use BTC or BNB.
March 03, 2021, 11:46:22 AM
selling tokens is the end of a passive income here!
It is, my BFG tokens come from three weeks of the bounty campaign and lost some of it from the auction but after seeing the coins that I'm getting from staking I stopped participating in the auction, I still do dice using my BFG tokens, but I'm very careful not to lose it's a source of passive income that I don't want to lose.
From my own experience, more than two months ago I was betting with BFG (BTC) and suddenly I lost a considerable amount, I prefer and recommend playing with cryptocurrencies before BFG, although it is always a temptation to bet with tokens, it is preferable to leave them there for that generate passive income.
The platform gives the way to change the tokens for fractions of Bitcoin or TRX, that is already at the discretion of each person, it may be required to make some bets and it is not bad, but many times patience is recommended in Crypto, already long term will give benefits.
March 03, 2021, 11:32:40 AM
selling tokens is the end of a passive income here!
It is, my BFG tokens come from three weeks of the bounty campaign and lost some of it from the auction but after seeing the coins that I'm getting from staking I stopped participating in the auction, I still do dice using my BFG tokens, but I'm very careful not to lose it's a source of passive income that I don't want to lose.
March 03, 2021, 08:55:15 AM
I hope it will be worth a dollar in the future, the platform is still young but I believe in its potential since day one.
When it comes to the price we can only speculate until BFG is listed, until that time comes we should generate as many BFG tokens as we can, from betting, so far the only way to get it, I wonder those bounty hunters that have participated in the bounty campaign, have they dumped their token by participating in the auction, or they still kept for daily stakes and waiting for the token to get listed.
In the end, anyone can try to gamble with them (BFG tokens) and to try to make a lot more! Theoretically, it would be great for daily dividends and in the future when/if BFG tokens get listed! Of course, there's a risk of losing them, but what the hell... it's gambling!
Darkstar explained why it's almost impossible for BFG tokens to reach $1 price ever... take a look at other casinos and their tokens, prices... daily dividend pools, etc...
I believe holding is the best option in any case! It's passive income... you gamble and have fun, you get something in return on daily basis (which is a great thing)... selling tokens is the end of a passive income here!
March 03, 2021, 08:15:15 AM
I hope it will be worth a dollar in the future, the platform is still young but I believe in its potential since day one.
When it comes to the price we can only speculate until BFG is listed, until that time comes we should generate as many BFG tokens as we can, from betting, so far the only way to get it, I wonder those bounty hunters that have participated in the bounty campaign, have they dumped their token by participating in the auction, or they still kept for daily stakes and waiting for the token to get listed.
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