🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 350.

dezoel

legendary

Activity: 2044

Merit: 1075

Leading Crypto Sports Betting & Casino Platform

Quote from: delfastTions on April 18, 2021, 12:51:45 AM

Quote from: dezoel on April 17, 2021, 02:13:01 PM

-snip-

Of course, everyone is taking steps to reduce commissions. And I know that there are coins where commissions are small or even 0. (for example, EOS). But there it is necessary to "freeze" part of your coins and withdraw them from circulation. Unfortunately, the race for the speed of the transaction and the corresponding higher commission fees will continue. We may see, at best, only a slight decrease in fees in the future. And this is completely unsuitable and not convenient for mass transactions of players.

I do not mean that there are other things that you could use for lower transactions, that is true you can use other coins if you want to but that is not what I was trying to say. I was trying to say that even ethereum will be lower, it is only few months away and we are going to get it soon. All we need to do is wait until July and we will get eip 1559 and that will allow ethereum prices to be lower.

The difference between "what network needs" versus "what people are willing to pay" is staggering, there is a huge difference, so when we switch to what network needs that will make it 10 times cheaper than what we are paying right now. This is why depositing, gambling or withdrawing ETH will be cheaper when that happens. At least that is what the hope is around the ethereum users, and since miners hate it, I think that is a correct information as well.

Saisher

full member

Activity: 2324

Merit: 175

Quote from: iv4n on April 18, 2021, 04:49:54 AM

People still need to learn about different blockchains, and of course, people will have to learn how to use them! It's a process, for some it's easy I guess, for some, it's a pain in the ass, especially if some problem emerges and you need to do all sorts of things to solve it... but that is probably the best way to learn more, more problems equals more knowledge as you are solving those problems!

I don't know much about this cross-chain until I saw that I have the option to withdraw my Ethereum through Binance chain, this is something new to me and I have no experience with this, I made a withdrawal of Ethereum on Binance chain and it went through, this cross chain is new to me but I'm glad that I discover it here in Betfury, Betfury is now one of my favorite gambling site.

iv4n

legendary

Activity: 3248

Merit: 1179

Quote from: Yogee on April 17, 2021, 12:26:57 PM

Quote from: onecall123 on April 17, 2021, 08:30:03 AM

......
BetFury team offering just only 0.0001 ETH transaction fees while using BSC network!

That should be 0.0001 BNB (BEP20) not ETH. Betfury team is also not offering anything since that's the standard transaction fee on BSC. It would be silly of them if they would charge additional fees to users.

People still need to learn about different blockchains, and of course, people will have to learn how to use them! It's a process, for some it's easy I guess, for some, it's a pain in the ass, especially if some problem emerges and you need to do all sorts of things to solve it... but that is probably the best way to learn more, more problems equals more knowledge as you are solving those problems!

I decided to skip this promo, I don't wish to have anything with Ethereum until they solve transaction fees! We talk about it all the time, and to not bother more I just use other available coins!

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

Meh maintenance is taking too long. I was able to withdraw staking rewards and claim free box but I cannot play any in house games. Did the altcoin spring 3 event caused too much load for the servers? I'm getting impatient to mine and win free spins Grin

delfastTions

legendary

Activity: 2702

Merit: 1465

Quote from: dezoel on April 17, 2021, 02:13:01 PM

Quote from: delfastTions on April 17, 2021, 02:15:04 AM

Unfortunately, there is no hope that Ethereum's gas fees will be low in the short term. The fact is that the race for the speed of the transaction will still automatically force the commission to increase. As it started with DeFi, and defi itself is developing at a fast pace, so the increase in commissions will continue. In short, I don't think we will see a decline with Ethereum. It's good if there is no increase in other coins, but it seems that the tron is also gradually increasing.
This is generally a general trend for altcoins. Sad

If you could check what "eip 1559" is, you will see that there is a chance it could drop significantly very soon. You can read more about it here.

Or you could basically just google "what is eip 1559" and it will come with abundant search results and you can read one of them. It is basically removing all the "miner fee" for transactions, there is a network fee and instead of people paying as much as they want to in order to get their orders faster, it will be a price depending on how heavy network is.

In today's system even though it is not as extreme, some very wealthy people could just take a very calm network into 100+ dollars per fee because they are willing to pay more even though network doesn't require it, but with this it is all tied to network heaviness and that will make eth gas fee a lot lower.

Of course, everyone is taking steps to reduce commissions. And I know that there are coins where commissions are small or even 0. (for example, EOS). But there it is necessary to "freeze" part of your coins and withdraw them from circulation. Unfortunately, the race for the speed of the transaction and the corresponding higher commission fees will continue. We may see, at best, only a slight decrease in fees in the future. And this is completely unsuitable and not convenient for mass transactions of players.

dezoel

legendary

Activity: 2044

Merit: 1075

Leading Crypto Sports Betting & Casino Platform

Quote from: delfastTions on April 17, 2021, 02:15:04 AM

Unfortunately, there is no hope that Ethereum's gas fees will be low in the short term. The fact is that the race for the speed of the transaction will still automatically force the commission to increase. As it started with DeFi, and defi itself is developing at a fast pace, so the increase in commissions will continue. In short, I don't think we will see a decline with Ethereum. It's good if there is no increase in other coins, but it seems that the tron is also gradually increasing.
This is generally a general trend for altcoins. Sad

If you could check what "eip 1559" is, you will see that there is a chance it could drop significantly very soon. You can read more about it here.

Or you could basically just google "what is eip 1559" and it will come with abundant search results and you can read one of them. It is basically removing all the "miner fee" for transactions, there is a network fee and instead of people paying as much as they want to in order to get their orders faster, it will be a price depending on how heavy network is.

In today's system even though it is not as extreme, some very wealthy people could just take a very calm network into 100+ dollars per fee because they are willing to pay more even though network doesn't require it, but with this it is all tied to network heaviness and that will make eth gas fee a lot lower.

Yogee

sr. member

Activity: 1554

Merit: 413

Quote from: onecall123 on April 17, 2021, 08:30:03 AM

......
BetFury team offering just only 0.0001 ETH transaction fees while using BSC network!

That should be 0.0001 BNB (BEP20) not ETH. Betfury team is also not offering anything since that's the standard transaction fee on BSC. It would be silly of them if they would charge additional fees to users.

onecall123

sr. member

Activity: 2156

Merit: 323

Quote from: coin-investor on April 16, 2021, 10:45:12 PM

Quote from: sana54210 on April 16, 2021, 01:08:35 PM

Quote from: Bttzed03 on April 16, 2021, 02:58:22 AM

Maybe they are also thinking of the fees they will have to spend for selling each erc-20 tokens to ETH if done daily or weekly.

I think the eth gas fee situation is only viable problem if you would like to withdraw right now and right away. As long as you keep them there and not withdraw anything, overtime there are works put in place that will happen in the near future where it will drop eth gas fee, I do not know if they will succeed or not but the options are "pay very high now" or "wait and maybe pay less in the future" so people could prefer the waiting part.

I have withdrawn all the other coins but not on coins that are on the Ethereum chain, like you I am thinking to let my Ethereum and Bitcoin grow until the time there's a fix on Ethereum and Bitcoin transaction fees, I'm ok with storing and keeping my Ethereum on Betfury I trust Betfury and the price is increasing hopefully by the time I can withdraw my coins I'm five times in profit.

Ethereum gas fees really a serious deal at the present time, I just tried myself stay away of using ethereum rather using other coin to avoid this network. It's better keep storing and gambling with ETH. Anyway, those wish to withdraw from BetFury may use BSC network to diminish the transaction fees.

BetFury team offering just only 0.0001 ETH transaction fees while using BSC network!

Renampun

sr. member

Activity: 2338

Merit: 365

Quote from: BetFury.io on April 15, 2021, 04:42:42 AM

...

Fresh 11 DeFi Tokens! Meet fresh 11 New Currencies which run with BSC and ERC-20 protocols: 🍃UNI🍃SUSHI🍃CAKE🍃YFI🍃UMA🍃1INCH🍃 REEF 🍃SNX🍃AAVE🍃COMP🍃MKR🍃

...

congratulations from me...
I think Betfury's step is the fastest compared to other gambling sites, the business analysis is truly extraordinary, continued success for Betfury, and thank you because you guys have always been giving dividends from BFG regularly and without problems.

delfastTions

legendary

Activity: 2702

Merit: 1465

Quote from: sana54210 on April 16, 2021, 01:08:35 PM

Quote from: Bttzed03 on April 16, 2021, 02:58:22 AM

Maybe they are also thinking of the fees they will have to spend for selling each erc-20 tokens to ETH if done daily or weekly.

I think the eth gas fee situation is only viable problem if you would like to withdraw right now and right away. As long as you keep them there and not withdraw anything, overtime there are works put in place that will happen in the near future where it will drop eth gas fee, I do not know if they will succeed or not but the options are "pay very high now" or "wait and maybe pay less in the future" so people could prefer the waiting part.

Unfortunately, there is no hope that Ethereum's gas fees will be low in the short term. The fact is that the race for the speed of the transaction will still automatically force the commission to increase. As it started with DeFi, and defi itself is developing at a fast pace, so the increase in commissions will continue. In short, I don't think we will see a decline with Ethereum. It's good if there is no increase in other coins, but it seems that the tron is also gradually increasing.
This is generally a general trend for altcoins. Sad

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

Are you participating in the 3rd Altcoin Spring event? Feeling lucky? The last time I joined, I only managed to get 1 free spin. It's different this time around with 3 yesterday plus 1 today (and counting).

Quote from: sana54210 on April 16, 2021, 01:08:35 PM

Quote from: Bttzed03 on April 16, 2021, 02:58:22 AM

Maybe they are also thinking of the fees they will have to spend for selling each erc-20 tokens to ETH if done daily or weekly.

I think the eth gas fee situation is only viable problem if you would like to withdraw right now and right away. As long as you keep them there and not withdraw anything, overtime there are works put in place that will happen in the near future where it will drop eth gas fee, I do not know if they will succeed or not but the options are "pay very high now" or "wait and maybe pay less in the future" so people could prefer the waiting part.

I'm not sure you understand what DS and I are talking about. I'm referring to the fees from Betfury team's perspective when they sell the collected erc-20 tokens. It could cost them hundreds or thousands of dollars if they decide to convert those tokens into ETH and pay dividends daily/weekly. That's one reason I think they decided to replenish the staking pool monthly.

coin-investor

hero member

Activity: 2996

Merit: 598

Leading Crypto Sports Betting & Casino Platform

Quote from: sana54210 on April 16, 2021, 01:08:35 PM

Quote from: Bttzed03 on April 16, 2021, 02:58:22 AM

Maybe they are also thinking of the fees they will have to spend for selling each erc-20 tokens to ETH if done daily or weekly.

I think the eth gas fee situation is only viable problem if you would like to withdraw right now and right away. As long as you keep them there and not withdraw anything, overtime there are works put in place that will happen in the near future where it will drop eth gas fee, I do not know if they will succeed or not but the options are "pay very high now" or "wait and maybe pay less in the future" so people could prefer the waiting part.

I have withdrawn all the other coins but not on coins that are on the Ethereum chain, like you I am thinking to let my Ethereum and Bitcoin grow until the time there's a fix on Ethereum and Bitcoin transaction fees, I'm ok with storing and keeping my Ethereum on Betfury I trust Betfury and the price is increasing hopefully by the time I can withdraw my coins I'm five times in profit.

sana54210

legendary

Activity: 3318

Merit: 1128

Quote from: Bttzed03 on April 16, 2021, 02:58:22 AM

Maybe they are also thinking of the fees they will have to spend for selling each erc-20 tokens to ETH if done daily or weekly.

I think the eth gas fee situation is only viable problem if you would like to withdraw right now and right away. As long as you keep them there and not withdraw anything, overtime there are works put in place that will happen in the near future where it will drop eth gas fee, I do not know if they will succeed or not but the options are "pay very high now" or "wait and maybe pay less in the future" so people could prefer the waiting part.

This is why I do not mind that part at all for now. And yes they do mean that unused ones, if it is not in the dividend being there, it is really as much of a financial company as it is a casino and that makes it going. Some casinos have promotions, deposit bonuses, higher odds for some games, giveaways and so forth to do marketing, that really helped a lot for them getting customers, betfury basically has financial part where you can earn that they do marketing for and get customers.

DarkStar_

legendary

Activity: 2772

Merit: 3284

Quote from: Bttzed03 on April 16, 2021, 02:58:22 AM

Quote from: DarkStar_ on April 15, 2021, 10:51:43 PM

It's going to be so expensive (from ETH gas fees) and annoying to convert all of the ETH tokens we end up getting from the div pool Sad

Guess I shouldn't really be complaining about more free money though. Maybe one of them will moon and it'll all be worth it (or BetFury adds an internal exchange).

I thought we'll still be getting ETH and BNB rewards instead of tokens.

Yep, you are correct. I accidentally skipped over reading the first part of the description and just assumed that "Staking pool will be refilled with the accumulated funds." meant that the tokens would be paid monthly.

Quote from: Bttzed03 on April 16, 2021, 02:58:22 AM

Quote from: DarkStar_ on April 15, 2021, 10:51:43 PM

When they say:

Quote

Once a month Staking pool will be refilled with the accumulated funds. Some part of the coins will remain for payouts of winnings.

Does anyone know if there's something specific they mean from "some part of the coins"?

Are they not referring to the rest of the funds that will not be added to the dividend pool for distribution to BFG token holders?

Yeah, I was more referring to the the percentage of coins that would stay in the pool and the percentage that would be paid out.

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

Quote from: DarkStar_ on April 15, 2021, 10:51:43 PM

It's going to be so expensive (from ETH gas fees) and annoying to convert all of the ETH tokens we end up getting from the div pool Sad

Guess I shouldn't really be complaining about more free money though. Maybe one of them will moon and it'll all be worth it (or BetFury adds an internal exchange).

I thought we'll still be getting ETH and BNB rewards instead of tokens.

Quote from: DarkStar_ on April 15, 2021, 10:51:43 PM

When they say:

Quote

Once a month Staking pool will be refilled with the accumulated funds. Some part of the coins will remain for payouts of winnings.

Does anyone know if there's something specific they mean from "some part of the coins"?

Are they not referring to the rest of the funds that will not be added to the dividend pool for distribution to BFG token holders?

Quote from: DarkStar_ on April 15, 2021, 10:51:43 PM

Also, I'm pretty curious as to why they made the decision to only distribute tokens monthly. My best guess is that they're expecting volume to be fairly low and they don't want to be stuck with a big loss after a few div pool payouts.

That's one thing. Maybe they are also thinking of the fees they will have to spend for selling each erc-20 tokens to ETH if done daily or weekly.

delfastTions

legendary

Activity: 2702

Merit: 1465

Developers are beyond praise!
Adding 11 DeFi coins, and having looked at the list, I should notice that it was chosen absolutely correctly. All presented tokens are uniquely top-end in the defi sector.
And of course the ability to use BSC is great news for all players. If such additions continue, then the BFG token will smoothly enter the serious rating of the ERC-20 tokens. Then trading will be on serious exchanges.

DarkStar_

legendary

Activity: 2772

Merit: 3284

It's going to be so expensive (from ETH gas fees) and annoying to convert all of the ETH tokens we end up getting from the div pool Sad

Guess I shouldn't really be complaining about more free money though. Maybe one of them will moon and it'll all be worth it (or BetFury adds an internal exchange).

When they say:

Quote

Once a month Staking pool will be refilled with the accumulated funds. Some part of the coins will remain for payouts of winnings.

Does anyone know if there's something specific they mean from "some part of the coins"? Also, I'm pretty curious as to why they made the decision to only distribute tokens monthly. My best guess is that they're expecting volume to be fairly low and they don't want to be stuck with a big loss after a few div pool payouts.

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

CAKE is added, finally! There's nothing better than playing with a token that you are staking also Grin

@Betfury, can we have a better display for balances like those with balances should be moved up? By the way, good mix of tokens at the Altcoin Spin.

Quote from: babygun on April 15, 2021, 04:57:50 PM

Quote from: LUCKMCFLY on April 15, 2021, 04:00:04 PM

~ by buying these coins allow the staking of them and can more BFG be generated? Or is the BFG just for Bitcoin, ETH and TRX?

BFG tokens can be mined with all of the available currencies. However, all these new coins are added to the ETH pool when receiving dividends.

All except ZIL, ONT, and CAKE. They are part of the BNB staking pool now.

lixer

hero member

Activity: 2688

Merit: 588

Quote from: aioc on April 14, 2021, 06:58:24 AM

You can't compare an offline casino to an online casino, there's a huge difference, on an online casino, you should be the one to protect your account, the site can only recommend implementing 2factor, strong passwords which you ignore and leave everything to the online casino, thinking that they have programmers to protect your account, if you cannot accept this, then don't play online and play in a physical casino instead.

Isn't it funny that whenever someone loses money on a casino, it is always casinos fault that they lost it? I have seen people gamble and call places "rigged" because they have played for too long and ended up with a big streak of losses on their martingale that has been proven to be a failed method over long period. I have seen people claim places scammed them when the fact was player was double spending quickly to not lose, but win when they can. I have seen all kinds of things, now we have people who got hacked and blaming the casino for it as well.

How can one casino be responsible for all these things all at once, and this is not just betfury by the way, this is all of crypto. Some days just makes me confused why would anyone even start a crypto casino, I really wouldn't want to own one personally, you work as hard as any other business and you get blamed for everything that you didn't do.

babygun

sr. member

Activity: 2170

Merit: 254

Quote from: LUCKMCFLY on April 15, 2021, 04:00:04 PM

Greetings Betfury,

Big additions, I think that this new era of altcoins that they have added is due to the fact that the market may enter an eventual season of altcoins to see how the path of Bitcoin continues before a bullish rally of Bitcoin that is very possible, there are many players who have enough coins of the added ones, by buying these coins allow the staking of them and can more BFG be generated? Or is the BFG just for Bitcoin, ETH and TRX?

BFG tokens can be mined with all of the available currencies. However, all these new coins are added to the ETH pool when receiving dividends.

Quote from: TopTort777 on April 15, 2021, 08:11:54 AM

Is it possible to get a statistics or at least share some info with out - do people play with new altcoins you add to betfury.io or remain playing with good old top alts and bitcoin? Just curious if it was really worth adding so many new cryptocurrencies? Arent you afraid that betfury one day will turn into a junkyard or a place where users can dump their useless alts?

They just have added this. If you go to the staking page, you will see a tab ' all currencies' where you can see some stats.

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 350. (Read 84930 times)

Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 350. (Read 84930 times)