🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 5.

Pmalek

legendary

Activity: 2730

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Quote from: ultrloa on January 25, 2025, 06:30:19 AM

What only bad I think happens on it is the price volatility since either they might lose the same on the current dump happen with it or they can earn if the price pumps. But looking at the current situation its like this meme coin goes in negative direction so hopefully Betfury is not losing in value and continue to get a lot of gamblers using this token.

I am not worried about BetFury. It's a casino. Casinos win even when they lose. Grin

There is another way to look at it, though. Players who lose money on meme coins, for example, can associate their losses with people and platforms. If you recommended that I buy TRUMP and a week later I am down 70% from what I invested, I might consciously or unconsciously remember your name and associate it with a person that had something to do with me losing money. The same could happen with a casino. If BetFury added support for TRUMP and someone gambled with it on BetFury and won but the value of the token went down drastically in the meantime, they might as well associate their losses with the casino's name even though it's not BetFury's fault. The mind works in mysterious ways and people like to blame others for their mischiefs.

ultrloa

legendary

Activity: 2758

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Quote from: dwyane36 on January 24, 2025, 08:33:19 PM

Quote from: Pmalek on January 24, 2025, 07:02:35 AM

The hype is passing, and the interest for these meme coins will probably die out soon. The Melania meme token is already down more than 80% from its all-time-high. Trump's meme coin performs somewhat better. When I say better, I mean that it's down only 50% from its ATH. It's a pump & dump scheme that worked. People will shift their attention to other things.

Yes, the current charts of these meme tokens look like regular rug pull tokens. At first glance, I wouldn't even believe that these are the official meme tokens of the president of the US and the First Lady.
Nevertheless, it's worth noting that if the Betfury team decides to add these meme tokens, it will definitely attract some audience to the platform. At least because these meme tokens are very volatile, and this may appeal to those users who like to gamble with highly leveraged futures.

What Betfury do is riding the hype brought by Presidential meme token. They see how huge the demand it gotten and number of holder it got. That's why its good to list that because they can possibly get a lot of people would choose to gamble their bought Trump meme coin on their casino.

What only bad I think happens on it is the price volatility since either they might lose the same on the current dump happen with it or they can earn if the price pumps. But looking at the current situation its like this meme coin goes in negative direction so hopefully Betfury is not losing in value and continue to get a lot of gamblers using this token.

Don Pedro Dinero

legendary

Activity: 1358

Merit: 1565

The first decentralized crypto betting platform

Quote from: btcltcdigger on January 24, 2025, 03:44:45 PM

Quote from: babygun on January 24, 2025, 01:20:37 PM

It is always about the money. I understand that all the big exchanges also want to make some quick money as they know these memecoins will be traded like crazy as a lot of people want to ride the wave in the hope of making some money out of it.

You're very right there friend. Long gone are the days when we all used to say "i'm in it for the technology".
Haven't heard that phrase being used in years. We're all in it for the money, or atleast prospect of money

For better or worse, money is what moves the world. Technology develops mainly because of the expectation of profit. There are very few people who can dedicate themselves to research in a totally disinterested way, and even in those cases to finish developing a technology they need funding that they have to get with angel investors or similar forms of financing.

In the case of these memes, both casinos and exchanges study the case and if they believe that listing them will be profitable, they do so. It is as simple as that.

dwyane36

legendary

Activity: 3108

Merit: 2360

Quote from: Pmalek on January 24, 2025, 07:02:35 AM

The hype is passing, and the interest for these meme coins will probably die out soon. The Melania meme token is already down more than 80% from its all-time-high. Trump's meme coin performs somewhat better. When I say better, I mean that it's down only 50% from its ATH. It's a pump & dump scheme that worked. People will shift their attention to other things.

Yes, the current charts of these meme tokens look like regular rug pull tokens. At first glance, I wouldn't even believe that these are the official meme tokens of the president of the US and the First Lady.
Nevertheless, it's worth noting that if the Betfury team decides to add these meme tokens, it will definitely attract some audience to the platform. At least because these meme tokens are very volatile, and this may appeal to those users who like to gamble with highly leveraged futures.

btcltcdigger

hero member

Activity: 2086

Merit: 761

Top-tier crypto casino and sportsbook

Quote from: babygun on January 24, 2025, 01:20:37 PM

It is always about the money. I understand that all the big exchanges also want to make some quick money as they know these memecoins will be traded like crazy as a lot of people want to ride the wave in the hope of making some money out of it.

You're very right there friend. Long gone are the days when we all used to say "i'm in it for the technology".
Haven't heard that phrase being used in years. We're all in it for the money, or atleast prospect of money

babygun

sr. member

Activity: 2226

Merit: 254

Top-tier crypto casino and sportsbook

Quote from: tbct_mt2 on January 24, 2025, 09:41:39 AM

Quote from: btcltcdigger on January 24, 2025, 08:49:20 AM

I think any respectable casino will look at the coin/token long term before listing it.
Memecoins are just that, memecoins, which will blow ower soon. Even Trumpcoin. I doubt it will have the price and volume it has now in 2 months.
But we'll see

It has gone more crazy with meme coins in this market cycle as in past cycles, except Dogecoin, then Shiba Inu, I did not see other meme coins that can easily be listed on Tier-1 exchanges.

In this market cycle, many big exchanges accepted to list new meme coins very easily. Maybe they have some reasons for doing such listings, like listing fees from meme coins, and trading volume from those hyped meme coins can help their exchanges getting more trading fees from users, and perhaps they don't want to miss a hot trend, and be ignored by their users.

Trump, Melania meme coins will have a long time to be accepted by community as strong meme coins that can last for some market cycles. It's logical to feel fearful about any new meme coin that it can die very quickly.

It is always about the money. I understand that all the big exchanges also want to make some quick money as they know these memecoins will be traded like crazy as a lot of people want to ride the wave in the hope of making some money out of it.

memehunter

member

Activity: 196

Merit: 60

Quote from: Rruchi man on January 24, 2025, 11:07:47 AM

I wish I was very good at poker; I would have joined in.

But since I can't play, I can bet of course

No worries! I will soon open a thread for betting purposes and you will have a $5 free bet from my side as a token of appreciation for your candid interest.
I hope this time lady luck won't disappoint you. Grin

Rruchi man

legendary

Activity: 1498

Merit: 1116

Top-tier crypto casino and sportsbook

Quote from: dwyane36 on January 23, 2025, 08:04:23 PM

I guess now most newbies who are just entering the crypto industry will be primarily interested in some simple and hype things (e.g. meme tokens) rather than understanding the specifics of Bitcoin and networks of other coins.

For some of the newbies, the hype that has attracted them into cryptocurrency will also lead them to explore other coins that are more reliable—Bitcoin on top of the list, of course.

Quote from: dwyane36 on January 23, 2025, 08:04:23 PM

By the way, as for the hype things, it's strange that Betfury hasn't yet added to its platform such hype meme tokens as Trump and Melania.

There are many tokens that are hyped daily. If Betfury begins to add all to their platform, it will become messy. Some casinos ae quicker to add new tokens, but it is not a must that every casino act in that manner.

$TRUMP and $MELANIA may get listed, but it will happen with time.

Quote from: memehunter on January 24, 2025, 09:50:02 AM

Do not forget to post your interest as we only have 17 spots left. You can state your preferred time slot later to me via PM. I will try to accommodate everybody. Thank you for your interest.

I wish I was very good at poker; I would have joined in.

But since I can't play, I can bet of course

memehunter

member

Activity: 196

Merit: 60

Quote from: Bitinity on January 22, 2025, 12:06:48 AM

Will be there regular normal poker tournament (non heads-up) sponsored by betfury in the future? Although I do not play poker much for few years now but I dont really like heads up poker. The most common problem on poker tournament like this is about its schedule (starting time) because we are coming from different timezone so it is a bit hard to find a friendly schedule for all potential participants.

Here you go mate: https://bitcointalksearch.org/topic/--5527593
This time it will be a mystery bounty tournament Grin

.
Do not forget to post your interest as we only have 17 spots left. You can state your preferred time slot later to me via PM. I will try to accommodate everybody. Thank you for your interest.

tbct_mt2

hero member

Activity: 2366

Merit: 838

Quote from: btcltcdigger on January 24, 2025, 08:49:20 AM

I think any respectable casino will look at the coin/token long term before listing it.
Memecoins are just that, memecoins, which will blow ower soon. Even Trumpcoin. I doubt it will have the price and volume it has now in 2 months.
But we'll see

It has gone more crazy with meme coins in this market cycle as in past cycles, except Dogecoin, then Shiba Inu, I did not see other meme coins that can easily be listed on Tier-1 exchanges.

In this market cycle, many big exchanges accepted to list new meme coins very easily. Maybe they have some reasons for doing such listings, like listing fees from meme coins, and trading volume from those hyped meme coins can help their exchanges getting more trading fees from users, and perhaps they don't want to miss a hot trend, and be ignored by their users.

Trump, Melania meme coins will have a long time to be accepted by community as strong meme coins that can last for some market cycles. It's logical to feel fearful about any new meme coin that it can die very quickly.

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

Quote from: btcltcdigger on January 24, 2025, 08:49:20 AM

I think any respectable casino will look at the coin/token long term before listing it.
Memecoins are just that, memecoins, which will blow ower soon. Even Trumpcoin. I doubt it will have the price and volume it has now in 2 months.
But we'll see

This should be the standard but since they are business anything that has demand is an opportunity for them to list and accept the community to play in their casino. This is already the typical practice of any crypto business.

Even popular exchange now list meme coin without any due diligence as long as there’s a huge profit potential.

btcltcdigger

hero member

Activity: 2086

Merit: 761

Top-tier crypto casino and sportsbook

I think any respectable casino will look at the coin/token long term before listing it.
Memecoins are just that, memecoins, which will blow ower soon. Even Trumpcoin. I doubt it will have the price and volume it has now in 2 months.
But we'll see

Fivestar4everMVP

legendary

Activity: 2506

Merit: 1092

Leading Crypto Sports Betting & Casino Platform

Quote from: Pmalek on January 24, 2025, 07:02:35 AM

Quote from: dwyane36 on January 23, 2025, 08:04:23 PM

By the way, as for the hype things, it's strange that Betfury hasn't yet added to its platform such hype meme tokens as Trump and Melania.

The hype is passing, and the interest for these meme coins will probably die out soon. The Melania meme token is already down more than 80% from its all-time-high. Trump's meme coin performs somewhat better. When I say better, I mean that it's down only 50% from its ATH. It's a pump & dump scheme that worked. People will shift their attention to other things.

Well, people can shift their attention to other things if what we are talking about here is Melania - trump's wife meme coin, which a lot of crypto people refer to be an Insult to the crypto industry.

But for Trump, I completely doubt that people will shift their attention from the meme coin of a sitting USA president, USA is not just any country but currently the world power.
Alot of platforms have added trump coin, like Stake did add support for Trump coin, but have ignored Melania, so have top exchanges as well ignored Melania.

Let's just say that rollbit is not yet interested in listing Trump to their casino, not actually because the hype will fade away, Trump stand a chance of becoming the very first meme coin that will reach a trillion dollar in market cap.

TopTort777

legendary

Activity: 2534

Merit: 1501

Quote from: Z_MBFM on January 24, 2025, 04:02:40 AM

Quote from: TopTort777 on January 24, 2025, 03:19:14 AM

Imho if BetFury would add every single altcoin that is on hype, it will turn quickly into junkyard Cheesy

I am not a technical expert, but if every user will now require to have new or more personal wallets on every blockchain that isnt going to be ok. Might slow down deposit and withdraw processes. Not a tech guy, maybe that is done with few clicks and lines of code. But generating more and more addresses will only blow database size. And think of he following, those hype meme coins are very risky assets. Their value might drop immediately next day, but for the lost game right now, BetFury pay BFG cashback, rakeback. They calculate BFG you will receive when meme coin price is 100 bucks for example and pay you, but tomorrow value of meme coin will be 30 bucks which will mean that they have returned you 200% more in BFG than they have right now. That simply unprofitable for them.

Adding multiple altcoins won't be a big problem for him. Because most coins are minted in just a few chains. As EVM wallet is always same for all EVM chain tokens. Tokens on the SOL chain have the same address. So they can add any coin they want but the maintenance hassle will increase a bit. And I don't think a casino site needs to have too many memento methods. Only few coins are enough like BTC , BNB, ETH , USDT , USDC , SOL , TON , NEAR , LTC etc.. Focus should be on speedy processing rather than paying attention to payment method

Okeeeey... But does those meme coins or 1-week of hype altcoins require so much attention from casinos? I imagine how slowly casino turns into pawnshop, junkyard or rag fair. People bring everything they dont need just to place another bet. List of accepted crypto is already huge. I dont think I ever saw so many accepted crypto in other casinos. As well as I dont think I ever saw someone using SUSHI for instance among latest casino bets.

Shishir99

hero member

Activity: 868

Merit: 530

Quote from: memehunter on January 23, 2025, 04:53:15 AM

I had a similar conversation on a thread where someone converted (as per OP) $66 into more than $3 million. You can check my response. Although nothing bad about trying these lotteries, take them as lotteries instead of labeling them as trading. Without some insane luck or insider information Grin

this much growth is not possible.

The problem is, that we don't know which token is going to have such growth in a short period of time. I do not know any insider who can give me this information before. Even if someone provided me with information, it probably I wouldn't buy it because they won't take responsibility if I make any losses.

I tried some shitcoins before and expected some growth like 10x, and 20x, and all of them disappointed me. I couldn't even get a 2x. Some of those tokens becomes zero after some time and some of them are still in loss. I am good with my average life bro.

Pmalek

legendary

Activity: 2730

Merit: 7065

Quote from: dwyane36 on January 23, 2025, 08:04:23 PM

By the way, as for the hype things, it's strange that Betfury hasn't yet added to its platform such hype meme tokens as Trump and Melania.

The hype is passing, and the interest for these meme coins will probably die out soon. The Melania meme token is already down more than 80% from its all-time-high. Trump's meme coin performs somewhat better. When I say better, I mean that it's down only 50% from its ATH. It's a pump & dump scheme that worked. People will shift their attention to other things.

Z_MBFM

sr. member

Activity: 616

Merit: 322

Quote from: TopTort777 on January 24, 2025, 03:19:14 AM

Imho if BetFury would add every single altcoin that is on hype, it will turn quickly into junkyard Cheesy

I am not a technical expert, but if every user will now require to have new or more personal wallets on every blockchain that isnt going to be ok. Might slow down deposit and withdraw processes. Not a tech guy, maybe that is done with few clicks and lines of code. But generating more and more addresses will only blow database size. And think of he following, those hype meme coins are very risky assets. Their value might drop immediately next day, but for the lost game right now, BetFury pay BFG cashback, rakeback. They calculate BFG you will receive when meme coin price is 100 bucks for example and pay you, but tomorrow value of meme coin will be 30 bucks which will mean that they have returned you 200% more in BFG than they have right now. That simply unprofitable for them.

Adding multiple altcoins won't be a big problem for him. Because most coins are minted in just a few chains. As EVM wallet is always same for all EVM chain tokens. Tokens on the SOL chain have the same address. So they can add any coin they want but the maintenance hassle will increase a bit. And I don't think a casino site needs to have too many memento methods. Only few coins are enough like BTC , BNB, ETH , USDT , USDC , SOL , TON , NEAR , LTC etc.. Focus should be on speedy processing rather than paying attention to payment method

CryptSafe

sr. member

Activity: 728

Merit: 421

Someone asked a question about using NFT to gamble on casinos here and I was amazed to see that some casinos already have such features as some members replied to it presenting some casinos that the OP could source from. Although I checked on Betfury Casino and saw NFT loot boxes and from the looks, it is likely going to be the next gambling trend in casinos in time to come. Will it be nice if the betfury team looks into this? If the team finds it durable, it can attract more gamblers to use such gaming features.

Akbarkoe

legendary

Activity: 1204

Merit: 1005

Quote from: Fivestar4everMVP on January 21, 2025, 07:12:31 AM

Quote from: memehunter on January 20, 2025, 01:02:36 PM

Quote from: Akbarkoe on January 20, 2025, 11:10:49 AM

unless there is a victory tax in his country which requires gamblers to pay PSJAK if they win,

I do not think there is a single country in the entire world where gambling winnings are tax-free;D. In gambling, it is either the house wins or the government. In my country Government takes (robs) 30% of gambling winnings. Even winnings from games like chess is also taxable Grin

.
I am sure nobody gets paid in full in this sense.

In my country here in Nigeria, I dont think gambling winnings are taxed, well, I am not so very sure but personally, I've never received from a casino, less amount than I won on any excuse that the rest was used to settle my winning tax to the government, all the money I won from didffermt casinos have alway been complete when I receive them.

The Nigeria government don't actually pay attention to some of this things, but it's understandable because our government are one of the most corrupt in the world, they are always after the big companies that will be paying their tax in billions of naira, this money they do nothing with it, other than loot it and share it within themselves to keep for their generations to come.
Possibly the reason why they don't care about taxing gambling winnings as what they will be getting is very insignificant compared to what the companies and big businesses in the country are paying as tax.

Yep you are right, the news is not one of them for me to trade if I only guide it, maybe I will lose more money there, there are so many factors we must see as a crypto trader who is basically a very sensitive and speculative market, we need seeing graphically, fundamentally, news sentiment and also hype some of these things are the basic indicators for analyzing the altcoin that we will trade, then Bitcoin as the mother of all market movements also needs to be analyzed too because we often see if Bitcoin falls then Altcoin is more severe down And vice versa, maybe a person's analysis method is different like you and I but we need to pay attention to anything that does not experience excessive losses and also the benefits that are sufficient for us in trade.

TopTort777

legendary

Activity: 2534

Merit: 1501

Imho if BetFury would add every single altcoin that is on hype, it will turn quickly into junkyard Cheesy

I am not a technical expert, but if every user will now require to have new or more personal wallets on every blockchain that isnt going to be ok. Might slow down deposit and withdraw processes. Not a tech guy, maybe that is done with few clicks and lines of code. But generating more and more addresses will only blow database size. And think of he following, those hype meme coins are very risky assets. Their value might drop immediately next day, but for the lost game right now, BetFury pay BFG cashback, rakeback. They calculate BFG you will receive when meme coin price is 100 bucks for example and pay you, but tomorrow value of meme coin will be 30 bucks which will mean that they have returned you 200% more in BFG than they have right now. That simply unprofitable for them.

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 5. (Read 91715 times)

Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 5. (Read 91715 times)