🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 364.

babygun

sr. member

Activity: 2142

Merit: 254

Quote from: robelneo on February 11, 2021, 07:18:17 AM

Quote from: arwin100 on February 11, 2021, 03:43:56 AM

But if they have solid plan to give a good benefits or returns to the holders maybe people will think twice to dump it and make the value grow.

They already have the auction and the staking, I am not doing auction anymore, but I just noticed that there are now few participating in the auction, is this because they are holding the BFG token or they find the auction not profitable anymore and prefer to just stake their tokens because they are getting more profit than doing an auction.

I still use from time to time the auction as I still find it interesting some times. It really depends as sometimes auctions can go crazy and other times you can win an auction with 3-4 BFG (TRX) tokens.

They just added a new in-house game: Limbo! Great to see that that they kee padding more and more games (third party slots and in-house games).

robelneo

legendary

Activity: 3346

Merit: 1214

Payment Gateway Allows Recurring Payments

Quote from: arwin100 on February 11, 2021, 03:43:56 AM

But if they have solid plan to give a good benefits or returns to the holders maybe people will think twice to dump it and make the value grow.

They already have the auction and the staking, I am not doing auction anymore, but I just noticed that there are now few participating in the auction, is this because they are holding the BFG token or they find the auction not profitable anymore and prefer to just stake their tokens because they are getting more profit than doing an auction.

delfastTions

legendary

Activity: 2702

Merit: 1465

Why the Casino Industry Is Crypto’s Biggest Growth Market for 2021?

Betting and online casinos are cryptocurrencies’ number one use case right now. There are countless successful brands accepting billions of dollars of wagers in Bitcoin and other alts.
"Power to the players
The reason is quite simple: gambling is an area where cryptocurrencies are often more convenient than traditional currencies. For players, deposits and withdrawals are faster and more secure. And these users enjoy greater autonomy, anonymity, and discretion as they play with crypto. "

I agree with the author of the article. It is really more convenient and faster to use cryptocurrency (though not any). And I think there will really be a rapid growth in the gaming industry in crypto. And devs need to further develop their project. Including developing and promoting your BFG token.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

Quote from: cabron on February 11, 2021, 02:12:27 AM

Dumping will always happen no matter what. Its not going to be a problem because there will still be demand for this token in the long run since it's for keeps. It gives the bounty hunters the chance whether to dump or keep. The project is however very thin when it comes to the community as its on TRON where the community is just not strong. We'll just see the result when the BGFs are in the market already.

Yes if they decide to use it as their main currency on their platform but if they will still adopt bitcoins,eth and other cryptocurrency maybe this will be a different scenario since maybe traders will just dump and trade it, remember this is how trading works. But if they have solid plan to give a good benefits or returns to the holders maybe people will think twice to dump it and make the value grow.

Yogee

sr. member

Activity: 1554

Merit: 413

Quote from: Rajahdat on February 10, 2021, 12:18:41 PM

....
It’s bs first support told me they will add him under me then I messaged them this morning n now new guy says they have to re register again smh..I got 1200+ referrals on crypto-games n was gonna bring a lot of ppl over but since support lied to me that’s a negative 😂lol glad I didn’t invite a lot of people n just tested with couple ppl

You don't have to take that negatively. Betfury can also add but they probably thought it's easier to not do anything since their developers are busy adding new games and features. They will probably just delete the old account.

delfastTions

legendary

Activity: 2702

Merit: 1465

Quote from: dwyane36 on February 08, 2021, 03:49:18 PM

Quote from: robelneo on February 08, 2021, 05:56:31 AM

Well things are working fine in their withdrawal, I just made a withdrawal hours ago and got it in my wallet, I thought it will come 5 to 10 hours but it landed 3 hours even though I choose the slow option, we have nothing to worry about, there's no issue on withdrawal all are processed.

I also don't have any problems with withdrawing funds from Betfury, but I remember some guy posted here that he tried to withdraw more than 90 ETH, and his transactions were pending for a few days or so.

With the commission and in general with the work of ethereum in general, disgusting things have been happening lately. DeFi commissions can go up to $ 100.
So it's not at all surprising that devs put small commissions on withdrawals and transactions are greatly delayed. But this guy wrote after, did he receive his Ethereum, or did the transaction fail? Judging by the fact that he complained for a very long time. Most likely he got them because he didn't write them here.
In general, you probably need to pass to the Tron. Everything there is more humane and not so long.

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

Dumping will always happen no matter what. Its not going to be a problem because there will still be demand for this token in the long run since it's for keeps. It gives the bounty hunters the chance whether to dump or keep. The project is however very thin when it comes to the community as its on TRON where the community is just not strong. We'll just see the result when the BGFs are in the market already.

cryptoperkele

member

Activity: 889

Merit: 60

Quote from: DarkStar_ on February 09, 2021, 02:34:07 PM

At the moment, it takes 0.00008099BTC wagered to mine a BFG (BTC). Regardless of multiplier used, the Dice house edge is 2% so the expected loss per token is 0.00008099 * 0.02 = 0.00000162BTC, or roughly 7.6 cents based on current exchange rate. However, wagering does have other perks too - you get wagering competition progress, levels and cashback, all of which would reduce the net cost to mine a token if we're mining at a sizable scale.

There's also lots of people who mined early on when it was cheaper that probably wouldn't mind selling at a lower price compared to the current cost of mining. I'd guess that maybe tokens would sell for about half the cost to mine one.

I totally forgot the early birds so that dumping makes sense now. I wonder if they want to get rid of everything as the btc keeps rising and auctioning tokens seems to be painfully slow process if you have a lot of them...

And thanks for the math!

Quote from: TopTort777 on February 10, 2021, 11:12:08 AM

Do you happened to know how to calculate how much income staking 1 BFG (BTC or TRX) token gives daily? At least roughly.
cryptoperkele managed to calculate an average cost of a token of 7-8 cents.

Darkstar calculated that. I was just asking about it.

royalfestus

hero member

Activity: 2436

Merit: 516

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

has the coin being listed on any exchange?

Rajahdat

newbie

Activity: 73

Merit: 0

Quote from: robelneo on February 10, 2021, 05:31:40 AM

Quote from: Rajahdat on February 10, 2021, 03:06:29 AM

Idk why but my referral isn’t getting linked to me even tho I texted my friend the the link, support said I have to wait because something about the referral isn’t working..kinda sucks because I have a few more friends that I wanna join the site but if I don’t get my ref by tomorrow I’ll send to another site lol

If they are serious bettor, be sure they sign up and confirmed as your referral, the referral is one of the highest in the industry, and besides they won't regret joining here, it's not yet late, Betfury is still one of the best gambling sites to promote, you can be earning recurring and passive income coming from your referrals.

It’s bs first support told me they will add him under me then I messaged them this morning n now new guy says they have to re register again smh..I got 1200+ referrals on crypto-games n was gonna bring a lot of ppl over but since support lied to me that’s a negative 😂lol glad I didn’t invite a lot of people n just tested with couple ppl

TopTort777

legendary

Activity: 2394

Merit: 1476

Quote from: babygun on February 09, 2021, 01:36:58 PM

As cryptoperkele has mentioned, the amount of dividends you get every day is still the same, but you need to calculate it in USD value.

Do you happened to know how to calculate how much income staking 1 BFG (BTC or TRX) token gives daily? At least roughly.
cryptoperkele managed to calculate an average cost of a token of 7-8 cents.

Quote from: babygun on February 09, 2021, 01:36:58 PM

Quote from: TopTort777 on February 09, 2021, 08:29:24 AM

We all know how Berfury likes to have different promotions, bonuses and etc. I was wondering if they are planning to have something connected with St.Valentines day.

Chances are very high that Betfury will organise something for Valentine, they did it last year and probably thus also for this year!

What did they organise last year? I've check news section and according to it last year they introduced BFG tokens in January, and then march presented bot assistant.

robelneo

legendary

Activity: 3346

Merit: 1214

Payment Gateway Allows Recurring Payments

Quote from: Rajahdat on February 10, 2021, 03:06:29 AM

Idk why but my referral isn’t getting linked to me even tho I texted my friend the the link, support said I have to wait because something about the referral isn’t working..kinda sucks because I have a few more friends that I wanna join the site but if I don’t get my ref by tomorrow I’ll send to another site lol

If they are serious bettor, be sure they sign up and confirmed as your referral, the referral is one of the highest in the industry, and besides they won't regret joining here, it's not yet late, Betfury is still one of the best gambling sites to promote, you can be earning recurring and passive income coming from your referrals.

iv4n

legendary

Activity: 3248

Merit: 1179

Quote from: DarkStar_ on February 09, 2021, 02:34:07 PM

Quote from: cryptoperkele on February 09, 2021, 03:07:28 AM

So how could be determine the value?

One indicator could be mining costs with settings like "95% change to win". (Has someone done the math on this?)

At the moment, it takes 0.00008099BTC wagered to mine a BFG (BTC). Regardless of multiplier used, the Dice house edge is 2% so the expected loss per token is 0.00008099 * 0.02 = 0.00000162BTC, or roughly 7.6 cents based on current exchange rate. However, wagering does have other perks too - you get wagering competition progress, levels and cashback, all of which would reduce the net cost to mine a token if we're mining at a sizable scale.

There's also lots of people who mined early on when it was cheaper that probably wouldn't mind selling at a lower price compared to the current cost of mining. I'd guess that maybe tokens would sell for about half the cost to mine one.

I have my theory about that. You either gamble to make profit, slow and steady, giving yourself a time to think about next bets... or you gamble to wager! And when you gamble to wager more, you need to count on losses along the way! Anyway, it's important to have while you doing any of that!

It will be the same as with other casinos and their tokens! I think it will be much lower than the mining price, but it's just my opinion! We will see! I mined many tokens in the beginning, at least BFG TRX, and now I am mining with BTC more!

Rajahdat

newbie

Activity: 73

Merit: 0

Idk why but my referral isn’t getting linked to me even tho I texted my friend the the link, support said I have to wait because something about the referral isn’t working..kinda sucks because I have a few more friends that I wanna join the site but if I don’t get my ref by tomorrow I’ll send to another site lol

DarkStar_

legendary

Activity: 2772

Merit: 3282

Quote from: cryptoperkele on February 09, 2021, 03:07:28 AM

So how could be determine the value?

One indicator could be mining costs with settings like "95% change to win". (Has someone done the math on this?)

At the moment, it takes 0.00008099BTC wagered to mine a BFG (BTC). Regardless of multiplier used, the Dice house edge is 2% so the expected loss per token is 0.00008099 * 0.02 = 0.00000162BTC, or roughly 7.6 cents based on current exchange rate. However, wagering does have other perks too - you get wagering competition progress, levels and cashback, all of which would reduce the net cost to mine a token if we're mining at a sizable scale.

There's also lots of people who mined early on when it was cheaper that probably wouldn't mind selling at a lower price compared to the current cost of mining. I'd guess that maybe tokens would sell for about half the cost to mine one.

babygun

sr. member

Activity: 2142

Merit: 254

Quote from: TopTort777 on February 09, 2021, 08:29:24 AM

We all know how Berfury likes to have different promotions, bonuses and etc. I was wondering if they are planning to have something connected with St.Valentines day.

Chances are very high that Betfury will organise something for Valentine, they did it last year and probably thus also for this year!

Quote from: TopTort777 on February 09, 2021, 08:29:24 AM

A lot of BFG tokens burned, but that does not increase stacking reward (actually stacking reward the amount had decreased), but only increased mining prices. Why then they burned tokens? They made its value greater, but lowered reward. I thought it would be more balanced after burning.

As cryptoperkele has mentioned, the amount of dividends you get every day is still the same, but you need to calculate it in USD value.

cryptoperkele

member

Activity: 889

Merit: 60

Quote from: LUCKMCFLY on February 09, 2021, 10:25:09 AM

I think that if tokens continue to be burned it is beneficial for holders, it does not matter that they are listed in an Exchange, I think that they should continue to burn more and more, the more they are limited the better because the supply decreases and the demand will increase, it is law.

There are 3 ways that tokens are burned (auction, gambling with bfg and losing, and team is also burning a big chunk). And because they haven't even hinted that they would stop that in the future, i don't think that this is a concern.

LUCKMCFLY

legendary

Activity: 2548

Merit: 1873

Leading Crypto Sports Betting & Casino Platform

Quote from: cryptoperkele on February 09, 2021, 09:51:53 AM

Quote from: TopTort777 on February 09, 2021, 08:29:24 AM

A lot of BFG tokens burned, but that does not increase stacking reward (actually stacking reward the amount had decreased), but only increased mining prices. Why then they burned tokens? They made its value greater, but lowered reward. I thought it would be more balanced after burning.

Reward amount has only decreased in altcoin pairs. If you count it in dollars, dividends have stayed more or less the same, And have you considered the fact that there way more tokens are being mined them burned? So the total amount isn't decreasing, it's still increasing. Growth it just slower because of the burning.

I think that if tokens continue to be burned it is beneficial for holders, it does not matter that they are listed in an Exchange, I think that they should continue to burn more and more, the more they are limited the better because the supply decreases and the demand will increase, it is law.

cryptoperkele

member

Activity: 889

Merit: 60

Quote from: TopTort777 on February 09, 2021, 08:29:24 AM

A lot of BFG tokens burned, but that does not increase stacking reward (actually stacking reward the amount had decreased), but only increased mining prices. Why then they burned tokens? They made its value greater, but lowered reward. I thought it would be more balanced after burning.

Reward amount has only decreased in altcoin pairs. If you count it in dollars, dividends have stayed more or less the same, And have you considered the fact that there way more tokens are being mined them burned? So the total amount isn't decreasing, it's still increasing. Growth it just slower because of the burning.

TopTort777

legendary

Activity: 2394

Merit: 1476

We all know how Berfury likes to have different promotions, bonuses and etc. I was wondering if they are planning to have something connected with St.Valentines day.

A lot of BFG tokens burned, but that does not increase stacking reward (actually stacking reward the amount had decreased), but only increased mining prices. Why then they burned tokens? They made its value greater, but lowered reward. I thought it would be more balanced after burning.

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 364. (Read 81308 times)

Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 364. (Read 81308 times)