Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 41. (Read 89479 times)

they are still struggling. the casino is still running and the marketing strategy for their token is still being carried out. the impact of increasing trading volume and value may not be visible yet, but from the events created, their current focus may be to pursue more BFG token holders. it is possible that in the future there will be new events for holders to increase prices or transactions on the exchange. some holders are definitely looking forward to BFG tokens being listed on larger exchanges.

If you spend $1k to buy BFG tokens and then decide to sell them, you will get approximately the same amount. You shouldn't confuse trading volume with liquidity. Low trading volumes only indicate that neither sellers nor buyers are active at the moment. But at the same time, there is still enough liquidity on BFG pairs, i.e. you can sell BFG tokens worth $1k or even $5k without worrying about huge price slippage.

The volume is decreasing more base on https://coinmarketcap.com/currencies/betfury/

That indicates that their marketing effort done with their token is not enough to help increase its demand. But lets still give them a huge chance since maybe in future those efforts they made might give them good result and demands would come up. But for now provably lots of people doubting to buy since maybe they afraid to be put huge money and became exit point of other old holders who's waiting for good volume to dump. This situation is really bad for their token and they really need to give a good push so that lots of people would able to notice that their token exist.


I don't close those possibilities but if this situation will continue to occur then I would agree that its hard for BFG to reach at 1 dollar but who knows maybe they can bring some useful updates for their token and it could bring good interest for people to accumulate their token, but this scenario is somehow hard to do especially their token is in alarming situation.

4K is a very low trading volume. For me, this indicates that in case I invest thousands of dollars in this token and I'll have a need for it in an emergency case, I'll be forced to sell it at a lower price. This will be a loss for me and will also push the price downwards.

There is no way BFG token will cost a dollar because their casino is unplayable I can't gamble on BetFury, I get blocked by Cloudflare all the time and as far as I know, many people face the similar issue.

Good luck with this promotion. Betfury social media giveaway is swarm by bunch of bots accounts since they partnered with various crypto groups in exchange for followers mostly from bots user that abused giveaways.

It’s very to win against bot and I consider it as waste of time. It’s better to participate on other casino giveaway that has less bots like Metawin that frequently offers guaranteed airdrop to all participants rather than joining a giveaway with limited winners out of tons of participants.

Betfury gives you a chance to win a $50 Free Bet!

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10 random users with the correct prediction will receive a $50 Free Bet on August 12th.

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I made a deposit and got 40 free spins on one slot... +$50 deposit and $3.5 from those free spins. So my balance after playing slots (4-5 different ones) was +$60. So I played with that balance, and I could go up as well, does it mean they would deduct my balance to $3.5 x 1.5 = $5.25?
It was never like that, we play with balance (deposit + bonus money) and we have wagering requirements... when we finish wagering requirements we keep that balance, doesn't matter if it's higher than deposit or lower.

My bet was fair and square, and they didn't credit my balance with that win... even if they did I would end up with just half of my deposit. This is strange, and I still can't wrap my head around this. Don't get me wrong, I don't complain & definitely, I am not a crybaby here, I just wish to understand this... I made another deposit and continued to play, but this will be the last time I play with a bonus in Betfury if this is their "normal rule".

The last sentence of their support response explains it quite clearly. If your last bet was made with a bonus and deposit funds, then the bonus wagering conditions still apply for such a bet, i.e. the balance is deducted if it exceeds the initial bonus balance by 1.5 times. It turns out that even if you got a multiplier of x800 in this bet, the result would still be the same, i.e. they would deduct everything that exceeds the initial bonus by 1.5. Most likely, their rules spell it out in more detail.
Honestly, this bonus policy isn't surprising because the casino will never do anything at a loss to themselves.

So I had a pretty strange situation while playing Keno... I played with the bonus (some slot spins), but decided to move to Keno:



The thing is that I didn't get my last win, I got just $5 and the reason is:


I completed the wagering requirements and claimed an additional $5, but where is my win from my last bet? Somehow I can't see the logic here. Support was pretty fast, but she just repeated the same things (as always), and I simply couldn't understand why the winning from my last bet wasn't credited. Why would they deduct that win and give me just $5, and the other $5 for finishing the bonus?

It has never been like that, every time the bonus money is played to the end and every bet counts, there are no balance reductions. I could have gotten a bigger multiplier, and what would happen? They would just take it all because "last bet was made with my bonus & deposited funds"?

I simply can't get it... so I would like some help about this one, what am I missing here?

Are you suggesting that BFG should try to gain popularity by introducing something like a Tap project? I think for good projects, they do not need to do cheap things as everyone knows that tap projects are short-lived and no one invest in those projects for long term.
As far as BFG token is concerned, it is still the best among the gambling tokens and we need to wait for a proper bull market to see how it performs.

Don't get disappointed to see the current price action for BFG as the whole market is under a lot of pressure due to the current geopolitical situation globally and the altcoins are getting a bigger hit.

There is still a lot of hype about tap projects but it works much better if done before the TGE of a project. However, since BFG token has been in the market for a long time, it will not gain much popularity among users. But yes doing this can give some positive results. Betfurry may get some new gamblers for their casino site even if the price of Betfurry tokens doesn't improve. Cheap marketing is now possible through tap drops. So BFG can do it since it still has a lot of hype.

I wouldn't say the hype around tap projects is over. Similar projects appear in Telegram every week, and many still attract hundreds or even millions of users in a relatively short period. So, if we look at the Cryptodrop app from a marketing point of view, the Betfury team did the right thing by launching this app at this time. I think that by doing so, they were able to attract a new audience to the Betfury site.

Aside from what you mention. The worst part on casino token was it was only being use as rewards to players that play in the casino as free money. Investing on this token will just make your money part of the team source of liquidity to fund their casino without getting any return from it or maybe some tokens itself through staking or small amount of crypto which casino distributes as part of their profit sharing which is so small.


They made an effort with cryptodrop but proven not effective because the hype on tap games is already over which means they are just giving away again BFG tokens to all players for free without any return for investors.

you are right. casino tokens are almost no different from tokens from other projects. they are only for trading. if without development and benefits provided to holders, it is possible that the token will have no value.
one form of developer indifference to the casino tokens they have launched is where their tokens are traded. bad exchanges and no effort to register tokens to better exchanges.

I hope there will be an effort from BFG to increase the value of their tokens. from the cryptodrop campaign they did, it distributed quite a lot of tokens. if the event users are quite a lot it means they will add token holders. if the value is not as expected, user interest may also decrease.

Its hard to happen since its like people need to put a lot of money to pump up BFG to reach that price. And currently they struggle to increase their demand even if they are providing good updates to their community.

But we cannot say that they remain like this since everything still have a chance especially if BFG team always do good enhancement or maybe find multiple utilities for their token. So who knows maybe this token will surprise us and in future it will successfully reach that milestone. But we can't really expect anything huge for it until we can't see any good demand coming, still the chances is there, its up for risk takers to make or break in this situation.

Well, not all casino tokens since what you said is what freebitco has been doing for their users who invest and hold fun token on their platform, there are daily free spins through their wheel of fortune, and the number of free spins one gets daily depends totally on the number of tokens held.

But the above have not really benefited the holders though, or it did only for a short period of time, and this is because the token has lost a lot of value compared to how much It was worth at the very beginning.

But again, not every casino really care about their token or the investors who buy the token, like I will always say, some casinos create tokens as a means through which they can raise money to fund and build the casino, as soon as that mission or goal is achieved, they no longer care about how the price of the token is fairing in the market, whoever wants to buy it can buy, and who ever wants to sell can also sell, it's really non of their business.

In crypto, anything can happen, but $1 for BFG is really very unlikely. Overall, I see a more realistic scenario for BFG's growth, where the token's value gradually increases to $0.2-0.3 under favorable market conditions and with active efforts from the team to develop the platform and BFG  token.

more tokens from casinos do not have any special function or benefit for their holders. especially casino users who hold tokens should at least get different benefits than gamblers who do not hold tokens. it can be a solution to attract investors or get loyal users.
like a simple example of a balance bonus or free spins weekly or monthly to members who hold their tokens in a certain amount. or it can also be for users who stake tokens at the casino.

The Betfury team is trying hard, but no matter how hard they try and if you see some price increase, it still won't be enough for the price to increase much. I say this because since I entered this cryptocurrency market, I have noticed that when an altcoin or token is very good but can't be listed on all the major exchanges, it ends up stagnating because most people lose interest and look for another good token or altcoin that will be listed on major exchanges.

In my opinion, the reason people think this way is because a token or altcoin that is listed on a major exchange like Binance, for example, is exposed to many people who have money on that exchange. In this way, if the creator of the token or altcoin makes a good announcement and the token or altcoin goes up, the people who have money on Binance, when they see the price of that token or altcoin going up, will also buy it and the token or altcoin will have a lot of volume and can also attract the attention of people who do day trading.

But what do I see in this BFG token:



https://coinmarketcap.com/currencies/betfury/#Markets

and the years go by but I don't see major changes in the number and quality of exchanges where the Token is listed, the volume is also not large and the price has acted more like a stablecoin. knowing that a casino is a complex business that may not survive for long and the casino token is very dependent on the casino's performance and the casino has been operating for more than 3 years, I would say that someone buying the token to hold it for 2 or 3 years could be a very high-risk investment.

Yeah, and now the game ain't dropping BFG anymore, just coins.