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Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 348. (Read 78864 times)

legendary
Activity: 2772
Merit: 3282
On the question about exit plan for BFG tokens:

It depends on the price and the volatility I guess. If it hits an insanely good price like $1 or more, then I would sell all in an instant Grin Daily dividends are nice but thousand bucks are way better. There is always that option to buy them back at a lower price and stake again. There's no holding period before you start earning dividends anyway.

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.
legendary
Activity: 2114
Merit: 1147
https://bitcoincleanup.com/
On the question about exit plan for BFG tokens:

It depends on the price and the volatility I guess. If it hits an insanely good price like $1 or more, then I would sell all in an instant Grin Daily dividends are nice but thousand bucks are way better. There is always that option to buy them back at a lower price and stake again. There's no holding period before you start earning dividends anyway.
legendary
Activity: 2030
Merit: 1189
Quick poll: Do you have an exit plan on what price will you sell BFG?

I am really conflicted when i think about my exit strategy.

I mean suppose i would sell if i got 3 year worth of mining dividends back or something. But even still it would be hard for me to give up this daily routine and not look back when they list new coins/games and worthune wheels and who knows what. I feel like i would be missing out not having any BFG.

And who knows, maybe they burn a huge amount of of them in the future rising the dividends or they will figure out some other new cool system to make BFG scarcer right after i sell. That would totally mess up my pricing estimate.

Good question and I don't really have thought of it. One thing I will probably do is take some profit: so if the coins hit the exchange and the price is interesting, I would sell 50% of my tokens. The rest I just hold for the daily dividend. Betfury keeps on improving their site so I wouldn't want to miss out on new features or improvements, ...
I won't sell my BFG...
The distribution of the dividend reward given by Betfury really helped me in trying my luck at slots, although not much, I want to continue to add to my BFG. if BFG is already listed on the exchange then I will buy it and put it in my betfury account 'lol'.
Given the benefits you get with BFG it is not worth selling unless you decide to give your gambling a rest. With time, more people will get on board with holding these tokens, driving its price up, but in the meantime you can take advantage of the dividends. Not bad, considering the future gain prospectus.
sr. member
Activity: 2338
Merit: 365
★Bitvest.io★ Play Plinko or Invest!
Quick poll: Do you have an exit plan on what price will you sell BFG?

I am really conflicted when i think about my exit strategy.

I mean suppose i would sell if i got 3 year worth of mining dividends back or something. But even still it would be hard for me to give up this daily routine and not look back when they list new coins/games and worthune wheels and who knows what. I feel like i would be missing out not having any BFG.

And who knows, maybe they burn a huge amount of of them in the future rising the dividends or they will figure out some other new cool system to make BFG scarcer right after i sell. That would totally mess up my pricing estimate.

Good question and I don't really have thought of it. One thing I will probably do is take some profit: so if the coins hit the exchange and the price is interesting, I would sell 50% of my tokens. The rest I just hold for the daily dividend. Betfury keeps on improving their site so I wouldn't want to miss out on new features or improvements, ...
I won't sell my BFG...
The distribution of the dividend reward given by Betfury really helped me in trying my luck at slots, although not much, I want to continue to add to my BFG. if BFG is already listed on the exchange then I will buy it and put it in my betfury account 'lol'.
sr. member
Activity: 2100
Merit: 254
Quick poll: Do you have an exit plan on what price will you sell BFG?

I am really conflicted when i think about my exit strategy.

I mean suppose i would sell if i got 3 year worth of mining dividends back or something. But even still it would be hard for me to give up this daily routine and not look back when they list new coins/games and worthune wheels and who knows what. I feel like i would be missing out not having any BFG.

And who knows, maybe they burn a huge amount of of them in the future rising the dividends or they will figure out some other new cool system to make BFG scarcer right after i sell. That would totally mess up my pricing estimate.

Good question and I don't really have thought of it. One thing I will probably do is take some profit: so if the coins hit the exchange and the price is interesting, I would sell 50% of my tokens. The rest I just hold for the daily dividend. Betfury keeps on improving their site so I wouldn't want to miss out on new features or improvements, ...
sr. member
Activity: 1526
Merit: 420
Quick poll: Do you have an exit plan on what price will you sell BFG?

I am really conflicted when i think about my exit strategy.

I mean suppose i would sell if i got 3 year worth of mining dividends back or something. But even still it would be hard for me to give up this daily routine and not look back when they list new coins/games and worthune wheels and who knows what. I feel like i would be missing out not having any BFG.

And who knows, maybe they burn a huge amount of of them in the future rising the dividends or they will figure out some other new cool system to make BFG scarcer right after i sell. That would totally mess up my pricing estimate.
Hard to tell. Lets wait and see when it hit exchanges but for the meantime I enjoy daily dividends though I don’t do gamble always really I earned BFG’s from their recent campaign. 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.
copper member
Activity: 61
Merit: 3
Social i-Gaming Crypto platform with BTC dividends
1.25 satoshi every 20min. I’m speachless. Where this world is going? Next stop - give less than 1 satoshi in faucets? Will it even be possible to make a >1 sat bet in the future? Maybe it would be better to remove faucet from the platform? Who uses it anyway? Lets remove faucet and free some server recources.

People use faucets to test games, they are not a way to get money, at least they shouldn't be. I think it's more attractive then having demo "play money".

And just for comparison; freebitcoin (one of the most famous btc faucets/gambling sites) is currently giving 2 sats per hour (if you accidentally don't win more).

as of this writing, freebitco is only giving 1 sat/hr. lol wonder how much they will give once btc is above 50k? but anyway, most players dont avail these free sats because it is just a waste time.
on the other note, i like that betfury is adding more coins in their staking list. they keep the interest of their players to play more as they are getting more coins.this is nice!

This is only for newly registered, but you can actually take up to 76 sat / hr.



freebitcoin don't have their own forum thread?
member
Activity: 889
Merit: 60
Quick poll: Do you have an exit plan on what price will you sell BFG?

I am really conflicted when i think about my exit strategy.

I mean suppose i would sell if i got 3 year worth of mining dividends back or something. But even still it would be hard for me to give up this daily routine and not look back when they list new coins/games and worthune wheels and who knows what. I feel like i would be missing out not having any BFG.

And who knows, maybe they burn a huge amount of of them in the future rising the dividends or they will figure out some other new cool system to make BFG scarcer right after i sell. That would totally mess up my pricing estimate.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
1.25 satoshi every 20min. I’m speachless. Where this world is going? Next stop - give less than 1 satoshi in faucets? Will it even be possible to make a >1 sat bet in the future? Maybe it would be better to remove faucet from the platform? Who uses it anyway? Lets remove faucet and free some server recources.

People use faucets to test games, they are not a way to get money, at least they shouldn't be. I think it's more attractive then having demo "play money".

And just for comparison; freebitcoin (one of the most famous btc faucets/gambling sites) is currently giving 2 sats per hour (if you accidentally don't win more).

as of this writing, freebitco is only giving 1 sat/hr. lol wonder how much they will give once btc is above 50k? but anyway, most players dont avail these free sats because it is just a waste time.
on the other note, i like that betfury is adding more coins in their staking list. they keep the interest of their players to play more as they are getting more coins.this is nice!

Which is the best way to attract more gamblers and investor as there's staking feature where passive profits can achieved.

If you are not going to focus with your gambling activities and only after with staking, you can budget the amount of coins to play and keep the interest to your wallet.

It's really nice to know that Betfury is adding more coins, so aside from the token itself there are more options to each
investors and gamblers.
member
Activity: 889
Merit: 60
BFG tokens will definitely be in demand when the trade is open...
like you, I have never claimed my Bitcoin there anymore, I continue to play it to get more BFG tokens. *hope my decision is right

I am pretty sure that tactic is the right one. Befause i am assuming that when this becomes tradable, traded coins are removed from the staking pool as you have to keep them in your betfry account to get dividends.

This will most likely lead to interesting scenario where people withraw their BFG in order to dump them in the markets, and after they see dividens rising because they removed huge amount of BFG removed from staking pool, they will most likely rethink their selling price or just move it back to the betfury site for staking.
sr. member
Activity: 2338
Merit: 365
★Bitvest.io★ Play Plinko or Invest!


as of this writing, freebitco is only giving 1 sat/hr. lol wonder how much they will give once btc is above 50k? but anyway, most players dont avail these free sats because it is just a waste time.
on the other note, i like that betfury is adding more coins in their staking list. they keep the interest of their players to play more as they are getting more coins.this is nice!

I stopped claiming BTC on Betfury I was so active when they are giving 10 sats but I stopped and instead focus on claiming Binance coin now and playing dice I'd try to add more BFG token as possible, in the future BFG token will have a good value once it's in the market, I don't want to play guessing game or speculate on the price I just want to get more and let the market decides if it's worth my effort.
BFG tokens will definitely be in demand when the trade is open...
like you, I have never claimed my Bitcoin there anymore, I continue to play it to get more BFG tokens. *hope my decision is right
legendary
Activity: 2758
Merit: 1228
1.25 satoshi every 20min. I’m speachless. Where this world is going? Next stop - give less than 1 satoshi in faucets? Will it even be possible to make a >1 sat bet in the future? Maybe it would be better to remove faucet from the platform? Who uses it anyway? Lets remove faucet and free some server recources.

People use faucets to test games, they are not a way to get money, at least they shouldn't be. I think it's more attractive then having demo "play money".

And just for comparison; freebitcoin (one of the most famous btc faucets/gambling sites) is currently giving 2 sats per hour (if you accidentally don't win more).

as of this writing, freebitco is only giving 1 sat/hr. lol wonder how much they will give once btc is above 50k? but anyway, most players dont avail these free sats because it is just a waste time.
on the other note, i like that betfury is adding more coins in their staking list. they keep the interest of their players to play more as they are getting more coins.this is nice!

For some other user who want to test they actually spend time to avail the free sats provided since it could save them from picking some money out of their pocket just to try certain things on the site but if you are a whale well provably you will really find this as waste of time since you may have a available capital to spend here.

Even now I'm acquiring those free given just to have fun for short while.  Smiley
legendary
Activity: 3192
Merit: 1198
Bons.io Telegram Casino


as of this writing, freebitco is only giving 1 sat/hr. lol wonder how much they will give once btc is above 50k? but anyway, most players dont avail these free sats because it is just a waste time.
on the other note, i like that betfury is adding more coins in their staking list. they keep the interest of their players to play more as they are getting more coins.this is nice!

I stopped claiming BTC on Betfury I was so active when they are giving 10 sats but I stopped and instead focus on claiming Binance coin now and playing dice I'd try to add more BFG token as possible, in the future BFG token will have a good value once it's in the market, I don't want to play guessing game or speculate on the price I just want to get more and let the market decides if it's worth my effort.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
1.25 satoshi every 20min. I’m speachless. Where this world is going? Next stop - give less than 1 satoshi in faucets? Will it even be possible to make a >1 sat bet in the future? Maybe it would be better to remove faucet from the platform? Who uses it anyway? Lets remove faucet and free some server recources.

People use faucets to test games, they are not a way to get money, at least they shouldn't be. I think it's more attractive then having demo "play money".

And just for comparison; freebitcoin (one of the most famous btc faucets/gambling sites) is currently giving 2 sats per hour (if you accidentally don't win more).

as of this writing, freebitco is only giving 1 sat/hr. lol wonder how much they will give once btc is above 50k? but anyway, most players dont avail these free sats because it is just a waste time.
on the other note, i like that betfury is adding more coins in their staking list. they keep the interest of their players to play more as they are getting more coins.this is nice!
sr. member
Activity: 2338
Merit: 365
★Bitvest.io★ Play Plinko or Invest!


Anyway, free satoshis are only for testing purposes. You can't really get much out of it. It is better to retain that faucet for those who want to test their games using satoshis. It is free, so up to you if you will get or not. No harm. They compensate it with free bnb. I like their staking now, first addition of ETH, and now BNB, what's next?

Why not Litecoin or Dogecoin they are low fees and also fast and many gambling sites are also using them, the staking is their best attraction if they did not have this, they will just become a regular and an average gambling site, I'm pretty sure many gambling sites will imitate this feature, it's the easiest way to generate more users.
I'm not sure put the two tokens above in is a good opportunity to attract other users...
Betfury in my opinion is pretty cool with their dividend feature, I just hope betfury is consistent and doesn't run into problems in the future.
member
Activity: 889
Merit: 60
1.25 satoshi every 20min. I’m speachless. Where this world is going? Next stop - give less than 1 satoshi in faucets? Will it even be possible to make a >1 sat bet in the future? Maybe it would be better to remove faucet from the platform? Who uses it anyway? Lets remove faucet and free some server recources.

People use faucets to test games, they are not a way to get money, at least they shouldn't be. I think it's more attractive then having demo "play money".

And just for comparison; freebitcoin (one of the most famous btc faucets/gambling sites) is currently giving 2 sats per hour (if you accidentally don't win more).
legendary
Activity: 3192
Merit: 1198
Bons.io Telegram Casino


Anyway, free satoshis are only for testing purposes. You can't really get much out of it. It is better to retain that faucet for those who want to test their games using satoshis. It is free, so up to you if you will get or not. No harm. They compensate it with free bnb. I like their staking now, first addition of ETH, and now BNB, what's next?

Why not Litecoin or Dogecoin they are low fees and also fast and many gambling sites are also using them, the staking is their best attraction if they did not have this, they will just become a regular and an average gambling site, I'm pretty sure many gambling sites will imitate this feature, it's the easiest way to generate more users.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
Complainants focusing on the BTC faucet and ignoring the BNB free box hehe. You don't need to put too much analysis to figure out they must have added 0.....2200 BNB to compensate for the 3.75 sats to promote the new coin. Perhaps Betfury should just replace BTC free box and increase the amount of BNB.
They don't even need to increase the amount of BNB from this faucet because the current award is equivalent to 11 sats. I guess it's more than enough for newbies to test some games even when the x2 boost will end. Anyway, BTC free box with 1.25 sat per 20 minutes is looking useless now.

Anyway, free satoshis are only for testing purposes. You can't really get much out of it. It is better to retain that faucet for those who want to test their games using satoshis. It is free, so up to you if you will get or not. No harm. They compensate it with free bnb. I like their staking now, first addition of ETH, and now BNB, what's next?
legendary
Activity: 2842
Merit: 2016
Complainants focusing on the BTC faucet and ignoring the BNB free box hehe. You don't need to put too much analysis to figure out they must have added 0.....2200 BNB to compensate for the 3.75 sats to promote the new coin. Perhaps Betfury should just replace BTC free box and increase the amount of BNB.
They don't even need to increase the amount of BNB from this faucet because the current award is equivalent to 11 sats. I guess it's more than enough for newbies to test some games even when the x2 boost will end. Anyway, BTC free box with 1.25 sat per 20 minutes is looking useless now.
sr. member
Activity: 2100
Merit: 254
Well apparently there is some dislike for the faucet, maybe the Betfury team is thinking of making some improvements for the users, maybe they integrate more coins, or they are thinking of giving better surprises,
Complainants focusing on the BTC faucet and ignoring the BNB free box hehe. You don't need to put too much analysis to figure out they must have added 0.....2200 BNB to compensate for the 3.75 sats to promote the new coin. Perhaps Betfury should just replace BTC free box and increase the amount of BNB.

I don't always get the complaints about the free boxes. It is free money and if you don't like it, than just don't claim it. The reward for BTC has indeed been lowered multiple times but they have compensated it right now with a free BNB box. But keep in mind that the 0,000022 BNB/20 min you get is a temporary action and will be lowered after the BNB events ends.

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