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Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 358. (Read 82132 times)

sr. member
Activity: 1554
Merit: 413
Why would BFG tokens be listed on exchange?
They do not have to. The current model is fine but it's these holders that received their BFG tokens from marketing promotions who often asks the team. They aren't satisfied with just staking dividends. You can see some request in this thread alone. I bet you can see more in their social media channels.
member
Activity: 889
Merit: 60
Why would BFG tokens be listed on exchange? They are obtained through gambling and gives dividends. If someone would simply buy them on exchange, Betfury will lose funds, which player could potentially lose, however, they will be forced to share their dividends with him.

To be able to cover such losses, Betfury must set as high as possible price (if they set the price low, many would buy them simply to get daily dividends and the amount distributed will be drammaticaly decreased), and also freeze users from withdrawing all of their BFG tokens, because it will simply destroy economy.

I am sorry, but what's your reasoning behind this? Tokens that will be sold in exchange are the same exact tokens that gives dividends right now. They are not creating new tokens just to sell them in exchange and dividends won't dilute any more then they are currently diluting by mining.
legendary
Activity: 2394
Merit: 1476
Why would BFG tokens be listed on exchange? They are obtained through gambling and gives dividends. If someone would simply buy them on exchange, Betfury will lose funds, which player could potentially lose, however, they will be forced to share their dividends with him.

To be able to cover such losses, Betfury must set as high as possible price (if they set the price low, many would buy them simply to get daily dividends and the amount distributed will be drammaticaly decreased), and also freeze users from withdrawing all of their BFG tokens, because it will simply destroy economy.
legendary
Activity: 3346
Merit: 1214


I'm wondering what they are going to do with the auction feature if the BFG token is finally listed in the market, I'll prefer trading my BFG on the exchange than putting my BFG token in the auction because there is a chance that you will get less than what you're getting when you trade it in the exchange, the auction is more like gambling too, you never know if someone is going to beat you in your bid.

By the way, have you voted about the merging of BFG(BTC) and BFG(TRX) on the website? The poll right now is about 90+% in favor of the merging. I believe the merging will happen first before they think of the exchange to get this listed. The merging will simplify things in my opinion.

I am in favor of the merging if you are a bettor of Betfury even occasionally you will get notification of the merging, 90% is already high but it should be 100% because it will benefit all of us and the owners of Betfury, it's a win-win situation, am excited to see the merging, eventually BFG will be listed in the market, and this merging is the first step.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
... I think that if it is established at $ 1, it could not be maintained, if I have seen how in the auctions for many BFGs they change them for few satoshis, perhaps right now they will not see the potential of the BFG, but in the long term it will give good results.

$1 seems high right now, but this all depends how the tokenization/burning is done in the future and what's the money inflow is going to be, because right now i am getting a more bnb with staking then i was anticipating.
 
And there will certainly be people who will try to sell to any buy wall there is, no matter how low the buy wall is. But i am pretty sure that there are more people like me who are looking these crazy auction sells wishing that they could buy with those prices.

with the possible merging of their tokens, the value of each bfg token may increase. however, it is hard to speculate right now because the only option to convert it to satoshis is via auctions. now, once they list this token to exchanges, thats when we will know what is the real potential of this token.
the betfury team seems to strengthen the value of their token just like this potential merging strategy and increasing coins to stake on their bfg token. but til then, just let your tokens stake and collect the coins as much as possible.
member
Activity: 889
Merit: 60
... I think that if it is established at $ 1, it could not be maintained, if I have seen how in the auctions for many BFGs they change them for few satoshis, perhaps right now they will not see the potential of the BFG, but in the long term it will give good results.

$1 seems high right now, but this all depends how the tokenization/burning is done in the future and what's the money inflow is going to be, because right now i am getting a more bnb with staking then i was anticipating.
 
And there will certainly be people who will try to sell to any buy wall there is, no matter how low the buy wall is. But i am pretty sure that there are more people like me who are looking these crazy auction sells wishing that they could buy with those prices.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!

Sometimes this is what many expect, but if you think about the profitability that it can guarantee even without doing something, it turns into passive income, that's not bad at all. Although in an Exchange the BFGs are listed, I think that if it is established at $ 1, it could not be maintained, if I have seen how in the auctions for many BFGs they change them for few satoshis, perhaps right now they will not see the potential of the BFG, but in the long term it will give good results.

I'm wondering what they are going to do with the auction feature if the BFG token is finally listed in the market, I'll prefer trading my BFG on the exchange than putting my BFG token in the auction because there is a chance that you will get less than what you're getting when you trade it in the exchange, the auction is more like gambling too, you never know if someone is going to beat you in your bid.

By the way, have you voted about the merging of BFG(BTC) and BFG(TRX) on the website? The poll right now is about 90+% in favor of the merging. I believe the merging will happen first before they think of the exchange to get this listed. The merging will simplify things in my opinion.
legendary
Activity: 3346
Merit: 1214


Sometimes this is what many expect, but if you think about the profitability that it can guarantee even without doing something, it turns into passive income, that's not bad at all. Although in an Exchange the BFGs are listed, I think that if it is established at $ 1, it could not be maintained, if I have seen how in the auctions for many BFGs they change them for few satoshis, perhaps right now they will not see the potential of the BFG, but in the long term it will give good results.

I'm wondering what they are going to do with the auction feature if the BFG token is finally listed in the market, I'll prefer trading my BFG on the exchange than putting my BFG token in the auction because there is a chance that you will get less than what you're getting when you trade it in the exchange, the auction is more like gambling too, you never know if someone is going to beat you in your bid.
sr. member
Activity: 2142
Merit: 254
...

Yes, it is a great addition, I do not know if they have also thought about adding ADA, it is taking a lot of strength and playing with ADA feels very comfortable, of course BNB has excellent support, because Binance gives a lot of confidence, also if they have more cryptocurrencies in the casino, attracts fans of the same, ADA has many followers just like TRON.

...

I am sure they are considering adding ADA, it's just a matter of time, but speaking about good addons, i would gladly see some L1 protocol coins with lower marketcap but good fundamentals. Like XLM, FLOW and NANO (there are many of them but those came just from a top of my head)

ADA might be a good addition, but at the moment there is only 1 casino that I known (Bitcasino) that has already added ADA. I hope they add DOGE, as I like to gamble with it.


I earned most of BFG’s from bounty waiting to get it listed in exchanges. It would be impractical to sell before listing, BFG is income generating coin lets see how this goes when it hits exchanges. There could be a good demand for this knowing the good purpose of the coin.

Same here, earned most of the tokens thanks to the bounty campaign and now holding them to generate a nice daily dividend.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
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.
I earned most of BFG’s from bounty waiting to get it listed in exchanges. It would be impractical to sell before listing, BFG is income generating coin lets see how this goes when it hits exchanges. There could be a good demand for this knowing the good purpose of the coin.
member
Activity: 889
Merit: 60
...

Yes, it is a great addition, I do not know if they have also thought about adding ADA, it is taking a lot of strength and playing with ADA feels very comfortable, of course BNB has excellent support, because Binance gives a lot of confidence, also if they have more cryptocurrencies in the casino, attracts fans of the same, ADA has many followers just like TRON.

...

I am sure they are considering adding ADA, it's just a matter of time, but speaking about good addons, i would gladly see some L1 protocol coins with lower marketcap but good fundamentals. Like XLM, FLOW and NANO (there are many of them but those came just from a top of my head)
legendary
Activity: 2562
Merit: 1873
Leading Crypto Sports Betting & Casino Platform

I followed it and all boxes were effective sold out. Low purchase amount with no wagering requirements helps to acquire these boxes  Wink. I was able to obtain all the BNB boxes and will keep on buying these whenever I came.

This is what I like about Betfury, they have no minimum on almost all their features, the bet, and these boxes, so even if you are small players you can have the opportunity to invest, I never missed the opportunity to invest whenever there is a chance to buy one, it's another source of income for players. 

the addition of BNB in their platform is really a smart choice from their end. another attraction for players. now, it is also included in the staking coins. wonder what is their next target coin here to be included in the staking payouts?
those early bfg token holders are now reaping their staking rewards. this is nice passive income here. hopefully they will survive long.

Yes, it is a great addition, I do not know if they have also thought about adding ADA, it is taking a lot of strength and playing with ADA feels very comfortable, of course BNB has excellent support, because Binance gives a lot of confidence, also if they have more cryptocurrencies in the casino, attracts fans of the same, ADA has many followers just like TRON.

Apparently the percentage of merging the Tokens is very high, the merger is a fact, if this is the case I hope that the profitability of the staking improves, the BFG tokens are really a great attraction for the gamblers.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform

I followed it and all boxes were effective sold out. Low purchase amount with no wagering requirements helps to acquire these boxes  Wink. I was able to obtain all the BNB boxes and will keep on buying these whenever I came.

This is what I like about Betfury, they have no minimum on almost all their features, the bet, and these boxes, so even if you are small players you can have the opportunity to invest, I never missed the opportunity to invest whenever there is a chance to buy one, it's another source of income for players. 

the addition of BNB in their platform is really a smart choice from their end. another attraction for players. now, it is also included in the staking coins. wonder what is their next target coin here to be included in the staking payouts?
those early bfg token holders are now reaping their staking rewards. this is nice passive income here. hopefully they will survive long.
hero member
Activity: 2982
Merit: 597
Leading Crypto Sports Betting & Casino Platform


I followed it and all boxes were effective sold out. Low purchase amount with no wagering requirements helps to acquire these boxes  Wink. I was able to obtain all the BNB boxes and will keep on buying these whenever I came.

This is what I like about Betfury, they have no minimum on almost all their features, the bet, and these boxes, so even if you are small players you can have the opportunity to invest, I never missed the opportunity to invest whenever there is a chance to buy one, it's another source of income for players. 
sr. member
Activity: 2142
Merit: 254
~
I guess there's a huge demand on the box
That I cannot tell. Like I said, they didn't even sell half when I last checked and that's probably 3-4 days ago. It also could be that they thought otherwise. The price of recent boxes (paid in BNB) isn't that high and there are no betting or rank requirements before someone can purchase. Those were good reasons for the boxes to be sold like hot cakes.

I followed it and all boxes were effective sold out. Low purchase amount with no wagering requirements helps to acquire these boxes  Wink. I was able to obtain all the BNB boxes and will keep on buying these whenever I came.
member
Activity: 889
Merit: 60
Something crossed my mind... I wonder if they have plans to jump in to NFT hype. Like releasing Betfury collectable NFTs as an achievements that you can win by playing. But if they would do that they should at least have an utility value, like unlocking new games or something.
legendary
Activity: 2996
Merit: 2229
It's great if you can add sports bets, also if they allow you to place bets with BFGs it would be great, regarding the Exchante for the tokens, as long as they keep auctioning, the tokens will be limited, and this will create more demand and less supply, at some point the tokens they will go up in price, at that time if it is ideal for them to appear on the exchange.
I guess that auctions won't be able to significantly affect the demand of BFG because the current amount of burned tokens from the auctions is 56 mln. It's only 1.1%, considering that the total supply of BFG is five bn.
hero member
Activity: 2744
Merit: 588
I expect the token to hit the market second quarter of the year the momentum is still there, we are still in the bull run and BFG is still big news in the gambling industry.
As far as I know, Betfury plans to add sports betting, achievements, and something else in the second quarter of this year, although they haven't updated the roadmap since q4 of the previous year. Anyway, I don't think that we will see BFG on exchanges in the coming months.

It's great if you can add sports bets, also if they allow you to place bets with BFGs it would be great, regarding the Exchante for the tokens, as long as they keep auctioning, the tokens will be limited, and this will create more demand and less supply, at some point the tokens they will go up in price, at that time if it is ideal for them to appear on the exchange.

Adding sportsbetting in their site is a good addition. As it will attract sports bettors, this forum alone has active bettors when it comes to sports.
But would be nice if they will add their internal exchange also. So you can convert your small coins to other alts, which has low withdrawal fee.
Who knows, betfury team will surprise us for additional features on their site?
We never expected to have to their gambling license in place, remember?
legendary
Activity: 2562
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
I expect the token to hit the market second quarter of the year the momentum is still there, we are still in the bull run and BFG is still big news in the gambling industry.
As far as I know, Betfury plans to add sports betting, achievements, and something else in the second quarter of this year, although they haven't updated the roadmap since q4 of the previous year. Anyway, I don't think that we will see BFG on exchanges in the coming months.

It's great if you can add sports bets, also if they allow you to place bets with BFGs it would be great, regarding the Exchante for the tokens, as long as they keep auctioning, the tokens will be limited, and this will create more demand and less supply, at some point the tokens they will go up in price, at that time if it is ideal for them to appear on the exchange.
member
Activity: 889
Merit: 60
As far as I know, Betfury plans to add sports betting, achievements, and something else in the second quarter of this year, although they haven't updated the roadmap since q4 of the previous year. Anyway, I don't think that we will see BFG on exchanges in the coming months.

I would be honestly suprised if they stayed on schedule on those. I believe that they can do it, it's just seems a lot things will be happening in a relatively short time.
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