Normally, tokens will prosper while the casino is growing but it’s different on Betfury since they are just using the token liquidity for marketing purposes such as rakebacks and partnerships while the token burn using the casino profit to purchased on the open market is not available which is supposedly the idea to boost the price.
Yeah! If the casino increases and the number of players begins to grow significantly, then of course this should also affect the rate of the token of this casino. It is clear that it should rise in price simply because it becomes more in demand. However, there is probably not such a significant increase in the numb er of casino players and we are not seeing the development of tokenomics. I’ll make an assumption: the devs simply consider the existing functionality of the token to be sufficient for now and have practically frozen further developments on its tokenomics. This is obviously one of the possible solutions in the current general crypto market. And this decision is probably not such a bad one. It seems that the devs considered this decision optimal for the casino and adhere to it.
Barely living is not good at all in my opinion since there’s a lot of investment opportunities out there which BFG token holder wasting buy holding this token hoping for the unknown to happened just to boost the price.
I already mention that a utility token usually pumped when the product is already prospering. Betfury casino already have a lot of players with huge tournaments and promotions. I’m not sure what to look forward anymore aside for big exchange listing to boost the price in the future since it behaves different in the long run because the supply keeps increasing while the liquidity on LP is not increasing. I’m not sure how long will this price will hold up though without any promising future to look forward on the BFG tokens.
By the way, the fact that the BFG rate against $ increased slightly as soon as a few hours ago the Bitcoin rate increased, this is a very good sign because the increase in the BFG rate is comparable to the general increase in the rate of altcoins. This, if you look at the process taking into account the inertia in general of the reaction of the entire altcoin system, then we can state that the token is what is called “live”. So all holders of this token will probably be happy after a while. And here we can return to a constructive conversation on the topic of using this token.
It somehow a great changes since it follows the pump after bitcoin is having a good price movement. But does BFG could able to sustain it? yes we see some small pumps from it today but I think that's not enough for people to grab some and hodl it since maybe many didn't forget yet that some still hold their token for so many months and they might not want to experience the same since its stressful to be a bag holder. But let see what will happen next since bullrun seems near to come and let see if there's huge effect that might happen to BFG when price of bitcoin could able to go up until $40k or even more for this year or until next year since positive thoughts shows up especially for many people that they look forward for more huge price and new ATH to come at that time.
I have said something and I think that when it comes to the price of BTC it is Something that is turning out to be very favorable for everyone, if here with the BFG token they could take it to another level as I have always said , they still have a lot of opportunity because the token does They make a very large, strong campaign, where they encourage buying, holding contests, giving contests on Twitter and on different platforms, this urges investors to trust again in this token, they have great things there that can take it to a great level , the price of the token can raise it, but they have to work on it constantly, this is the opportunity they have to do it, I don't understand, but leaving things here on bitcoinitalk as if in oblivion is not the best they can do, as I said, if you have problems with someone, some user, the best thing is to solve it , they are losing out on making money, and this is something that I don't Understand, they don't know how to have such good Opportunities , that's like a saying It's just where I live that says: "God gives bread to those who have no teeth" , so what a great opportunity they have now.
The price of Bitcoin is doing its part , it is very likely that the price for December will have a good turn and if people have full confidence in this token, then investments will come, but this is not that we are going to trust this token like this So, this takes a process, if they don't work to make it happen it will hardly happen, because the tokens can go up, but if they have worked on it, if they put the token in a centralized exchange, why in a Centralized Exchange ? because that produces more security, it is synonymous for traders and investors that the token is Serious, that they do not let themselves be carried away by ideas that they have a lot to do, then these types of things are what people should always consider, and I don't So how can they have the idea of doing better things?
