🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 44.

iv4n

legendary

Activity: 3248

Merit: 1179

Quote from: babygun on January 27, 2024, 10:16:35 PM

Quote from: leonair on January 27, 2024, 08:52:09 PM

If BFG team list there token on a good exchange like Gate.io, Kucoin and any others like this with high staking APR then they can get some potential investors for there token and if there token can achieve a good value on the crypto market then it will good for there casin site too because it will automatic marketing for there casino platform. so they should care there token price to survive on the competitive crypto casino market. now many crypto casino site are promoting them in very active process to attract potential gamblers but BFG are decreasing there reputation for there careless activities.

You are right that if BFG would get listed on some big reputable exchanges than that would help to give the BFG price a boost. As the mining stopped (already some time ago), it seems the casino is focused on further improving their casino and not really on the BFG tokens anymore. A lot of people would be happy if the BFG price would be higher but I don't agree that the low BFG price really impacts their reputation.

I don't think that the BFG team exists, there is a BetFury casino and a team that runs that casino... As it's been said many times, they made BFG give back some passive income for active and loyal players, and BFG is doing its job. So I doubt they will "work on it, improve it, spend time on it". Listing in larger exchanges may affect the price of BFG tokens, but that has nothing to do with advertising the casino itself and all the features that the casino has. I am sure there are better ways to advertise BetFury as a casino with all the things they offer.

Well, we can't mine BFG as we used to do before, now we can get BFG from rakeback and cashback. We get to choose to claim them in the coin we played with or the same value in BFG. I liked the old way better, but it's what it is... Betfury has experienced many changes during all this time, and it certainly has much more to offer now than at the beginning.

danadc

sr. member

Activity: 1092

Merit: 342

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: babygun on January 27, 2024, 10:16:35 PM

Quote from: leonair on January 27, 2024, 08:52:09 PM

If BFG team list there token on a good exchange like Gate.io, Kucoin and any others like this with high staking APR then they can get some potential investors for there token and if there token can achieve a good value on the crypto market then it will good for there casin site too because it will automatic marketing for there casino platform. so they should care there token price to survive on the competitive crypto casino market. now many crypto casino site are promoting them in very active process to attract potential gamblers but BFG are decreasing there reputation for there careless activities.

You are right that if BFG would get listed on some big reputable exchanges than that would help to give the BFG price a boost. As the mining stopped (already some time ago), it seems the casino is focused on further improving their casino and not really on the BFG tokens anymore. A lot of people would be happy if the BFG price would be higher but I don't agree that the low BFG price really impacts their reputation.

Well, it should affect you, because the money they put in your token or that they put in your token is not anything, I don't know why they don't do something to see if they can recover it, but to tell the truth it is very difficult for them to be able to raise the price with all the Treatment they have given to Bitcointalk users, I think that the most important thing of all the strategies is to take the attitude that they are currently taking with the users of the forum , they have not Realized that the biggest and best investors are in this forum and that this is where they get information so that they can be or make their ivnersions.

In these cases, everyone is to blame, and to be honest I don't think the token will recover , someone very influential has to come, maybe someone like Elon Musk to see if he can raise the BFG token , but that is something I see it as almost impossible , it is very Difficult if they lift these things like this, I don't think they will do anything Good.

serjent05

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Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: leonair on January 27, 2024, 08:52:09 PM

If BFG team list there token on a good exchange like Gate.io, Kucoin and any others like this with high staking APR then they can get some potential investors for there token and if there token can achieve a good value on the crypto market then it will good for there casin site too because it will automatic marketing for there casino platform. so they should care there token price to survive on the competitive crypto casino market. now many crypto casino site are promoting them in very active process to attract potential gamblers but BFG are decreasing there reputation for there careless activities.

I think it would be wiser to enhance the utility usage of the token. That is enhancing the casino's popularity and reputation and more. We all know that BFG is a utility token of Betfury casino, Betfury should enhance its casino marketing and make plans to attract more players. Listing them on exchanges will only incur expenses since centralized exchanges require a fee for the listing and it ranges from free to millions of dollars.

Quote from: https://p2pb2b.com/blog/how-much-are-the-fees-when-the-largest-crypto-exchanges-list-your-token/

Let’s consider what crypto exchange fees diverse platforms charge when listing tokens or coins:

Small exchanges can charge from $6,000 to $30,000, matching the abilities of most blockchain startups.
Medium-sized crypto exchanges charge from $60,000 to $300,000. There is a substantial jump in listing fees. When it comes to second-level exchanges, crypto exchange rates to list a token/ coin start from $60,000 and reach $300,000, which is a substantial amount for a startup raising less than one million during their token sale.
The most reputable and large-scale crypto exchanges with the largest trading volumes charge from $1 to $2.5 million for a token listing.

If BFG team wanted to get listed with a minimum fee, they should strengthen the demand for their token and must have a huge daily trading volume to pique the interest of these exchanges in listing their token for free. In short, the BFG team should plan on how they can make their token a hot trend.

babygun

sr. member

Activity: 2170

Merit: 254

Quote from: leonair on January 27, 2024, 08:52:09 PM

If BFG team list there token on a good exchange like Gate.io, Kucoin and any others like this with high staking APR then they can get some potential investors for there token and if there token can achieve a good value on the crypto market then it will good for there casin site too because it will automatic marketing for there casino platform. so they should care there token price to survive on the competitive crypto casino market. now many crypto casino site are promoting them in very active process to attract potential gamblers but BFG are decreasing there reputation for there careless activities.

You are right that if BFG would get listed on some big reputable exchanges than that would help to give the BFG price a boost. As the mining stopped (already some time ago), it seems the casino is focused on further improving their casino and not really on the BFG tokens anymore. A lot of people would be happy if the BFG price would be higher but I don't agree that the low BFG price really impacts their reputation.

leonair

sr. member

Activity: 1400

Merit: 420

Quote from: SATWAT on January 27, 2024, 05:54:28 PM

Quote from: avp2306 on January 27, 2024, 05:47:03 PM

Quote from: babygun on January 27, 2024, 05:20:34 PM

Quote from: leonair on January 27, 2024, 08:45:45 AM

Quote from: dwyane36 on January 27, 2024, 06:27:04 AM

Quote from: ultrloa on January 27, 2024, 04:42:24 AM

No demand is the result of their negligence for not taking care or satisfying those people thinking about acquiring their tokens and they can feel the result now since BFG doesn't get any hype since its like traders is avoiding their token and we don't see any people talk about this as one of the good option to have. Also I think whatever comments said by people even if this is good for them I think they won't listen since maybe they can't support the growth of their token anymore.

I think the Betfury team is fine with the fact that there is almost no demand for BFG tokens. At least its platform still exists and seems to be developing slowly.
The problem is that if the Betfury team wanted to achieve increased demand, they would have to somehow interest a new audience, i.e. create hype around the project. Let's be honest, neither the Betfury team nor its community knows what exactly Betfury needs to do to become a hype project.

BFG was once a hype token and this casino was very popular in this forum but due to some bad decisions they have gone backwards and their token is almost dying. They didn't take care of their token and didn't list their token in any good exchange due to which their token price fell and now no one is interested to trade this token and the volume of the token decreased. And along with the token, the casino site is also giving up, so honestly I doubt how long Betfurry will survive in the gambling market.

I think that is a bit too negative. They are still developing further their casino by adding new features, contests,… Their token is indeed not traded on any big exchanges and the team is silent on what the next steps would be, which is a pity. But the casino itself is not dying, they are not really active anymore on this forum, but that is their choice.

There casino still running good and I don't know why people think its dying while actually they are running some promotion maybe to entertain their gamblers. But actually would agree that they are lacking of support on their token that's why they had been criticized for that. If they could just give a update on new things they have done or what will be their plans on future then provably many people would still happy for those things to happen.

But guess they are kinda abandoning their token that's why there are some people disappointed about it. If they want people to be eager to have their token maybe at least they should listen to what people want here since this is the first step to convince people back that there token is still in good condition despite of what happen to it recently.

Rumors about their casino surrounding because their marketing tactics are not good which are not doing things which are important for the casino specially their social media is also not having depth which is important, so peoples are feeling about this it's going to die if they want to have something positive then surely they need to work on their marketing and social media as well which is important in this current era with there is also no doubt they need to work on their BFG project as well because this had good potential but just need strong strategy which create positive things around them.
Hopefully team will announce or do few better things in future which will bring better and positive things, and they also need to work on few exchanges as well which will bring good for them as well.

If BFG team list there token on a good exchange like Gate.io, Kucoin and any others like this with high staking APR then they can get some potential investors for there token and if there token can achieve a good value on the crypto market then it will good for there casin site too because it will automatic marketing for there casino platform. so they should care there token price to survive on the competitive crypto casino market. now many crypto casino site are promoting them in very active process to attract potential gamblers but BFG are decreasing there reputation for there careless activities.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: leonair on January 27, 2024, 08:45:45 AM

Quote from: dwyane36 on January 27, 2024, 06:27:04 AM

Quote from: ultrloa on January 27, 2024, 04:42:24 AM

No demand is the result of their negligence for not taking care or satisfying those people thinking about acquiring their tokens and they can feel the result now since BFG doesn't get any hype since its like traders is avoiding their token and we don't see any people talk about this as one of the good option to have. Also I think whatever comments said by people even if this is good for them I think they won't listen since maybe they can't support the growth of their token anymore.

I think the Betfury team is fine with the fact that there is almost no demand for BFG tokens. At least its platform still exists and seems to be developing slowly.
The problem is that if the Betfury team wanted to achieve increased demand, they would have to somehow interest a new audience, i.e. create hype around the project. Let's be honest, neither the Betfury team nor its community knows what exactly Betfury needs to do to become a hype project.

BFG was once a hype token and this casino was very popular in this forum but due to some bad decisions they have gone backwards and their token is almost dying. They didn't take care of their token and didn't list their token in any good exchange due to which their token price fell and now no one is interested to trade this token and the volume of the token decreased. And along with the token, the casino site is also giving up, so honestly I doubt how long Betfurry will survive in the gambling market.

i don't think the casino is dying but maybe they are lacking some active promotional activities involving the forum gamblers. but the site itself is quite active. actually, their token is one of the few casino tokens which is actively traded in the market. though biswap has the biggest share in liquidity.

i believe a lot are disappointed because they are hoping that bfg will be listed in binance. they have been following to be listed this token to this top exchange but to no avail. hence, the dismay of most bfg holders.
though we don't exactly know the plans of the betfury team, but i would say, if the team can manage to list this casino token to binance, that would definitely create a very good boost to their market price. and if they will be aggressive with their marketing, no doubt, it can easily gain interest from traders, stakers as well as gamblers.

SATWAT

member

Activity: 994

Merit: 46

Quote from: avp2306 on January 27, 2024, 05:47:03 PM

Quote from: babygun on January 27, 2024, 05:20:34 PM

Quote from: leonair on January 27, 2024, 08:45:45 AM

Quote from: dwyane36 on January 27, 2024, 06:27:04 AM

Quote from: ultrloa on January 27, 2024, 04:42:24 AM

No demand is the result of their negligence for not taking care or satisfying those people thinking about acquiring their tokens and they can feel the result now since BFG doesn't get any hype since its like traders is avoiding their token and we don't see any people talk about this as one of the good option to have. Also I think whatever comments said by people even if this is good for them I think they won't listen since maybe they can't support the growth of their token anymore.

I think the Betfury team is fine with the fact that there is almost no demand for BFG tokens. At least its platform still exists and seems to be developing slowly.
The problem is that if the Betfury team wanted to achieve increased demand, they would have to somehow interest a new audience, i.e. create hype around the project. Let's be honest, neither the Betfury team nor its community knows what exactly Betfury needs to do to become a hype project.

BFG was once a hype token and this casino was very popular in this forum but due to some bad decisions they have gone backwards and their token is almost dying. They didn't take care of their token and didn't list their token in any good exchange due to which their token price fell and now no one is interested to trade this token and the volume of the token decreased. And along with the token, the casino site is also giving up, so honestly I doubt how long Betfurry will survive in the gambling market.

I think that is a bit too negative. They are still developing further their casino by adding new features, contests,… Their token is indeed not traded on any big exchanges and the team is silent on what the next steps would be, which is a pity. But the casino itself is not dying, they are not really active anymore on this forum, but that is their choice.

There casino still running good and I don't know why people think its dying while actually they are running some promotion maybe to entertain their gamblers. But actually would agree that they are lacking of support on their token that's why they had been criticized for that. If they could just give a update on new things they have done or what will be their plans on future then provably many people would still happy for those things to happen.

But guess they are kinda abandoning their token that's why there are some people disappointed about it. If they want people to be eager to have their token maybe at least they should listen to what people want here since this is the first step to convince people back that there token is still in good condition despite of what happen to it recently.

Rumors about their casino surrounding because their marketing tactics are not good which are not doing things which are important for the casino specially their social media is also not having depth which is important, so peoples are feeling about this it's going to die if they want to have something positive then surely they need to work on their marketing and social media as well which is important in this current era with there is also no doubt they need to work on their BFG project as well because this had good potential but just need strong strategy which create positive things around them.
Hopefully team will announce or do few better things in future which will bring better and positive things, and they also need to work on few exchanges as well which will bring good for them as well.

avp2306

sr. member

Activity: 1022

Merit: 363

Quote from: babygun on January 27, 2024, 05:20:34 PM

Quote from: leonair on January 27, 2024, 08:45:45 AM

Quote from: dwyane36 on January 27, 2024, 06:27:04 AM

Quote from: ultrloa on January 27, 2024, 04:42:24 AM

No demand is the result of their negligence for not taking care or satisfying those people thinking about acquiring their tokens and they can feel the result now since BFG doesn't get any hype since its like traders is avoiding their token and we don't see any people talk about this as one of the good option to have. Also I think whatever comments said by people even if this is good for them I think they won't listen since maybe they can't support the growth of their token anymore.

I think the Betfury team is fine with the fact that there is almost no demand for BFG tokens. At least its platform still exists and seems to be developing slowly.
The problem is that if the Betfury team wanted to achieve increased demand, they would have to somehow interest a new audience, i.e. create hype around the project. Let's be honest, neither the Betfury team nor its community knows what exactly Betfury needs to do to become a hype project.

BFG was once a hype token and this casino was very popular in this forum but due to some bad decisions they have gone backwards and their token is almost dying. They didn't take care of their token and didn't list their token in any good exchange due to which their token price fell and now no one is interested to trade this token and the volume of the token decreased. And along with the token, the casino site is also giving up, so honestly I doubt how long Betfurry will survive in the gambling market.

I think that is a bit too negative. They are still developing further their casino by adding new features, contests,… Their token is indeed not traded on any big exchanges and the team is silent on what the next steps would be, which is a pity. But the casino itself is not dying, they are not really active anymore on this forum, but that is their choice.

There casino still running good and I don't know why people think its dying while actually they are running some promotion maybe to entertain their gamblers. But actually would agree that they are lacking of support on their token that's why they had been criticized for that. If they could just give a update on new things they have done or what will be their plans on future then provably many people would still happy for those things to happen.

But guess they are kinda abandoning their token that's why there are some people disappointed about it. If they want people to be eager to have their token maybe at least they should listen to what people want here since this is the first step to convince people back that there token is still in good condition despite of what happen to it recently.

babygun

sr. member

Activity: 2170

Merit: 254

Quote from: leonair on January 27, 2024, 08:45:45 AM

Quote from: dwyane36 on January 27, 2024, 06:27:04 AM

Quote from: ultrloa on January 27, 2024, 04:42:24 AM

No demand is the result of their negligence for not taking care or satisfying those people thinking about acquiring their tokens and they can feel the result now since BFG doesn't get any hype since its like traders is avoiding their token and we don't see any people talk about this as one of the good option to have. Also I think whatever comments said by people even if this is good for them I think they won't listen since maybe they can't support the growth of their token anymore.

I think the Betfury team is fine with the fact that there is almost no demand for BFG tokens. At least its platform still exists and seems to be developing slowly.
The problem is that if the Betfury team wanted to achieve increased demand, they would have to somehow interest a new audience, i.e. create hype around the project. Let's be honest, neither the Betfury team nor its community knows what exactly Betfury needs to do to become a hype project.

BFG was once a hype token and this casino was very popular in this forum but due to some bad decisions they have gone backwards and their token is almost dying. They didn't take care of their token and didn't list their token in any good exchange due to which their token price fell and now no one is interested to trade this token and the volume of the token decreased. And along with the token, the casino site is also giving up, so honestly I doubt how long Betfurry will survive in the gambling market.

I think that is a bit too negative. They are still developing further their casino by adding new features, contests,… Their token is indeed not traded on any big exchanges and the team is silent on what the next steps would be, which is a pity. But the casino itself is not dying, they are not really active anymore on this forum, but that is their choice.

SATWAT

member

Activity: 994

Merit: 46

Quote from: leonair on January 27, 2024, 08:45:45 AM

Quote from: dwyane36 on January 27, 2024, 06:27:04 AM

Quote from: ultrloa on January 27, 2024, 04:42:24 AM

No demand is the result of their negligence for not taking care or satisfying those people thinking about acquiring their tokens and they can feel the result now since BFG doesn't get any hype since its like traders is avoiding their token and we don't see any people talk about this as one of the good option to have. Also I think whatever comments said by people even if this is good for them I think they won't listen since maybe they can't support the growth of their token anymore.

I think the Betfury team is fine with the fact that there is almost no demand for BFG tokens. At least its platform still exists and seems to be developing slowly.
The problem is that if the Betfury team wanted to achieve increased demand, they would have to somehow interest a new audience, i.e. create hype around the project. Let's be honest, neither the Betfury team nor its community knows what exactly Betfury needs to do to become a hype project.

BFG was once a hype token and this casino was very popular in this forum but due to some bad decisions they have gone backwards and their token is almost dying. They didn't take care of their token and didn't list their token in any good exchange due to which their token price fell and now no one is interested to trade this token and the volume of the token decreased. And along with the token, the casino site is also giving up, so honestly I doubt how long Betfurry will survive in the gambling market.

Completely agreed about this all with I was personally having good amount of this token as I was also under this hype this could be going good but suddenly all gone in vain, and now we have nothing positive from the team which is wired because they need to do some development even their casino is doing ok but still having few good exchanges can also bring something positive with their casino needs to bring few good things which bring them back into market because currently they are going down badly which is surely concern for them and their community hopefully we will have something in coming days which will create good hype again and things will be good for the investors and all other stakeholders.

leonair

sr. member

Activity: 1400

Merit: 420

Quote from: dwyane36 on January 27, 2024, 06:27:04 AM

Quote from: ultrloa on January 27, 2024, 04:42:24 AM

No demand is the result of their negligence for not taking care or satisfying those people thinking about acquiring their tokens and they can feel the result now since BFG doesn't get any hype since its like traders is avoiding their token and we don't see any people talk about this as one of the good option to have. Also I think whatever comments said by people even if this is good for them I think they won't listen since maybe they can't support the growth of their token anymore.

I think the Betfury team is fine with the fact that there is almost no demand for BFG tokens. At least its platform still exists and seems to be developing slowly.
The problem is that if the Betfury team wanted to achieve increased demand, they would have to somehow interest a new audience, i.e. create hype around the project. Let's be honest, neither the Betfury team nor its community knows what exactly Betfury needs to do to become a hype project.

BFG was once a hype token and this casino was very popular in this forum but due to some bad decisions they have gone backwards and their token is almost dying. They didn't take care of their token and didn't list their token in any good exchange due to which their token price fell and now no one is interested to trade this token and the volume of the token decreased. And along with the token, the casino site is also giving up, so honestly I doubt how long Betfurry will survive in the gambling market.

dwyane36

legendary

Activity: 2996

Merit: 2229

Quote from: ultrloa on January 27, 2024, 04:42:24 AM

No demand is the result of their negligence for not taking care or satisfying those people thinking about acquiring their tokens and they can feel the result now since BFG doesn't get any hype since its like traders is avoiding their token and we don't see any people talk about this as one of the good option to have. Also I think whatever comments said by people even if this is good for them I think they won't listen since maybe they can't support the growth of their token anymore.

I think the Betfury team is fine with the fact that there is almost no demand for BFG tokens. At least its platform still exists and seems to be developing slowly.
The problem is that if the Betfury team wanted to achieve increased demand, they would have to somehow interest a new audience, i.e. create hype around the project. Let's be honest, neither the Betfury team nor its community knows what exactly Betfury needs to do to become a hype project.

ultrloa

legendary

Activity: 2758

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Quote from: Beparanf on January 26, 2024, 10:11:35 AM

Quote from: dwyane36 on January 26, 2024, 10:05:25 AM

In the case of BFG, a stable exchange rate says nothing and doesn't indicate any prospects. The BFG price is not particularly volatile because almost all the circulating BFG supply is staked on the Betfury site. In other words, BFG holders don't want to sell BFG tokens and prefer to hold them for interest. This is not bad until some whale with a huge amount of BFG tokens decides to sell them.

It doesn’t have any trading volume either so this kind of holding is not helpful because they earn new BFG tokens added on circulating supply. This holding is really good if the reward they are getting is not BFG token itself that will not flood the supply.

Having no new demand while the supply is growing with same people holding will just make the value of the token decrease in long term. This is same principle with fiat losing its value to inflation. Supply is growing because of the increasing supply without any new liquidity entering in the market.

For long time BFG token discussion never ends since the dev didn't listen to the sentiment of people that's why it doesn't get any decent volume and no new people willing to hold their token since they know that devs ignoring their people asking some good developments on their token created. And as long as they are giving BFG token as you said as reward then expect people to dump it once they receive it, so they must think other way if they are serious also if they want people to be serious accumulating their tokens.

No demand is the result of their negligence for not taking care or satisfying those people thinking about acquiring their tokens and they can feel the result now since BFG doesn't get any hype since its like traders is avoiding their token and we don't see any people talk about this as one of the good option to have. Also I think whatever comments said by people even if this is good for them I think they won't listen since maybe they can't support the growth of their token anymore.

delfastTions

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Activity: 2702

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Everything you say, dear colleagues on the forum, is fair, but taking into account one small nuance.
This nuance lies in the fact that the behavior of traders and small investors in various cryptocurrencies is to a very large extent determined by psychology and the laws of psychology. As soon as the devs responsible for the tokenomics of the token come up with some kind of ctiliary use of this token, the entire stability of its exchange rate can immediately be disrupted. But you and I don’t know yet, it’s quite possible they’ll come up with something interesting. And the fact that movement has begun in this direction is suggested to us, among other things, by recent events with tokenomics.
And add the overall positive mood of the market.
And it turns out that everything is not so bad.

babygun

sr. member

Activity: 2170

Merit: 254

Quote from: dwyane36 on January 26, 2024, 10:05:25 AM

Quote from: delfastTions on January 26, 2024, 07:12:59 AM

I don't think this latest news has much impact on the current BFG price right now. Moreover, somewhere between December 14-16, 2023, there was also a small short-term rise in the token rate to the area of $0.018-0.019. Nevertheless, the trend is probably still more inclined towards an increase in its exchange rate than towards a decrease. But, all the same, I think that from about mid-March, immediately before the Bitcoin halving, bullish trends in the exchange rate will begin on a slightly larger scale. On the other hand, a stable exchange rate over the past half a year is also a normal sign of the stability of a token, which clearly tells us about its solvency and good prospects.

But this is all my vision of the tokenomics processes and in no case is a recommendation to the owners or buyers of tokens.

In the case of BFG, a stable exchange rate says nothing and doesn't indicate any prospects. The BFG price is not particularly volatile because almost all the circulating BFG supply is staked on the Betfury site. In other words, BFG holders don't want to sell BFG tokens and prefer to hold them for interest. This is not bad until some whale with a huge amount of BFG tokens decides to sell them.

But in theory that is the same for a lot of coins. Until I am mistaken, I thought arojbd 10 people hold 90% of all bitcoins, so if one those big whales would start selling than the BTC prize would also massively be impacted.

Beparanf

hero member

Activity: 2954

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Quote from: dwyane36 on January 26, 2024, 10:05:25 AM

In the case of BFG, a stable exchange rate says nothing and doesn't indicate any prospects. The BFG price is not particularly volatile because almost all the circulating BFG supply is staked on the Betfury site. In other words, BFG holders don't want to sell BFG tokens and prefer to hold them for interest. This is not bad until some whale with a huge amount of BFG tokens decides to sell them.

It doesn’t have any trading volume either so this kind of holding is not helpful because they earn new BFG tokens added on circulating supply. This holding is really good if the reward they are getting is not BFG token itself that will not flood the supply.

Having no new demand while the supply is growing with same people holding will just make the value of the token decrease in long term. This is same principle with fiat losing its value to inflation. Supply is growing because of the increasing supply without any new liquidity entering in the market.

dwyane36

legendary

Activity: 2996

Merit: 2229

Quote from: delfastTions on January 26, 2024, 07:12:59 AM

I don't think this latest news has much impact on the current BFG price right now. Moreover, somewhere between December 14-16, 2023, there was also a small short-term rise in the token rate to the area of $0.018-0.019. Nevertheless, the trend is probably still more inclined towards an increase in its exchange rate than towards a decrease. But, all the same, I think that from about mid-March, immediately before the Bitcoin halving, bullish trends in the exchange rate will begin on a slightly larger scale. On the other hand, a stable exchange rate over the past half a year is also a normal sign of the stability of a token, which clearly tells us about its solvency and good prospects.

But this is all my vision of the tokenomics processes and in no case is a recommendation to the owners or buyers of tokens.

In the case of BFG, a stable exchange rate says nothing and doesn't indicate any prospects. The BFG price is not particularly volatile because almost all the circulating BFG supply is staked on the Betfury site. In other words, BFG holders don't want to sell BFG tokens and prefer to hold them for interest. This is not bad until some whale with a huge amount of BFG tokens decides to sell them.

Z_MBFM

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Quote from: coinerer on January 26, 2024, 07:43:55 AM

Quote from: delfastTions on January 26, 2024, 04:38:51 AM

Quote from: coinerer on January 18, 2024, 08:54:38 AM

Quote from: dwyane36 on January 18, 2024, 06:18:36 AM

Quote from: Unsoldier on January 18, 2024, 03:18:13 AM

Great news for BFG holders
Betfury have added new tokens for earning!

BFG Token
APRs: Up to 130%🔥
Type: Boosted Fixed-Term

That's not bad news. It seems that Betfury users now have a choice to either stake BFG tokens in the old way and get passive additional income or stake them in a new way, which is more risky but, at the same time, more profitable. The only thing is the requirement to wager the staked BFG tokens 7 times seems a bit much for this kind of staking.

They initially offered staking at a very high APR when there was a lot of hype about BFG and the Betfurry platform became very popular. But the BFG has been pretty down for a while. However, BFG's current high staking APR decision seems very good. So the BFG can generate some hype again. BFG is very worried about their platform but not about their token. This strategy is also for their casino site development

It seems that the casino developers accepted what users constantly repeated in their reviews here in this topic and in general when discussing new initiatives for the further development of the casino. This news about new opportunities for token owners will definitely benefit the token itself and, in general, the very development of the business of this casino. I want to note that the devs quite successfully seized the moment and announced their initiative right now, in January, that is, 3-4 months before the Bitcoin halving and after the approval of spot Bitcoin ETFs by US regulators.
The timing is well chosen because there will be a revival in the Bitcoin and cryptocurrency market itself and this will have a good effect on the BFG tokenomics itself

Market condition is improving day by day but compared to that BFG price is not increasing. At the same time its trading volume is also down so to keep their token alive in the market they are adopting this marketing strategy to get investors interested in the high APR staking specialty. It has been on for a long time but no positive effects have been seen yet so I doubt how much it will work. If the team doesn't invest in this token themselves, it won't see much improvement

You are right the high staking reward system is not a very good news for BFG as people will trust staking only when they see the token's price increase regularly and it has a good position in the market. But if we look at BFG we see that there is no chance of its price going up and no one is interested in trading it now. According to data from coinmarketcap, BFG's 24-hour volume is only $11.5k, which is about 47% less than yesterday. Betfurry casino site is still somewhat popular but BFG token is in a bad situation. whether it will be good in future is not to be said

Fivestar4everMVP

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Quote from: delfastTions on January 26, 2024, 07:12:59 AM

I don't think this latest news has much impact on the current BFG price right now. Moreover, somewhere between December 14-16, 2023, there was also a small short-term rise in the token rate to the area of $0.018-0.019. Nevertheless, the trend is probably still more inclined towards an increase in its exchange rate than towards a decrease. But, all the same, I think that from about mid-March, immediately before the Bitcoin halving, bullish trends in the exchange rate will begin on a slightly larger scale. On the other hand, a stable exchange rate over the past half a year is also a normal sign of the stability of a token, which clearly tells us about its solvency and good prospects.

But this is all my vision of the tokenomics processes and in no case is a recommendation to the owners or buyers of tokens.

Well, sorry but I might have to partially agree with your last statement in your first paragraph, stability of the price of a coin or token doesnt always mean that such coin or token is a good prospect to consider for investment, for some coins or tokens, stability in price could be as a result of lack in investors and traders interest in that coin or token, and I personally believe this to be the situation for BFG, sorry if I am sounding rather too pessimistic or a fudster, I don't intend to fud, i am just stating what I think as I believe we all are entitled to our different opinions.

If we are talking about a coin with strong fundamentals, utility and tokenomics with a very active, transparent and vibrant team, if such coin or token is stable in price for a long time, that can indeed make such coin or token a good prospect - investment wise.

But for a speculative token like BFG, stability in price just tells us that investors do not find it interesting to buy (for that moment), And same also, traders are also no trading the token.

Not a financial advice.

coinerer

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Activity: 1456

Merit: 608

Vave.com - Crypto Casino

Quote from: delfastTions on January 26, 2024, 04:38:51 AM

Quote from: coinerer on January 18, 2024, 08:54:38 AM

Quote from: dwyane36 on January 18, 2024, 06:18:36 AM

Quote from: Unsoldier on January 18, 2024, 03:18:13 AM

Great news for BFG holders
Betfury have added new tokens for earning!

BFG Token
APRs: Up to 130%🔥
Type: Boosted Fixed-Term

That's not bad news. It seems that Betfury users now have a choice to either stake BFG tokens in the old way and get passive additional income or stake them in a new way, which is more risky but, at the same time, more profitable. The only thing is the requirement to wager the staked BFG tokens 7 times seems a bit much for this kind of staking.

They initially offered staking at a very high APR when there was a lot of hype about BFG and the Betfurry platform became very popular. But the BFG has been pretty down for a while. However, BFG's current high staking APR decision seems very good. So the BFG can generate some hype again. BFG is very worried about their platform but not about their token. This strategy is also for their casino site development

It seems that the casino developers accepted what users constantly repeated in their reviews here in this topic and in general when discussing new initiatives for the further development of the casino. This news about new opportunities for token owners will definitely benefit the token itself and, in general, the very development of the business of this casino. I want to note that the devs quite successfully seized the moment and announced their initiative right now, in January, that is, 3-4 months before the Bitcoin halving and after the approval of spot Bitcoin ETFs by US regulators.
The timing is well chosen because there will be a revival in the Bitcoin and cryptocurrency market itself and this will have a good effect on the BFG tokenomics itself

Market condition is improving day by day but compared to that BFG price is not increasing. At the same time its trading volume is also down so to keep their token alive in the market they are adopting this marketing strategy to get investors interested in the high APR staking specialty. It has been on for a long time but no positive effects have been seen yet so I doubt how much it will work. If the team doesn't invest in this token themselves, it won't see much improvement

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 44. (Read 84899 times)

Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 44. (Read 84899 times)