Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 54. (Read 82201 times)

Well, one thing that I think is common with casino tokens is that they lack ideas for utility, most especially, if you try to look for utility that will relate to gambling, such ideas is very limited if at all there is any.
Talking about fun token, to consider the free spins they give to holders as a utility is actually wrong if you ask me, and this is due to the fact that they can still give their users free spins even without the holding any token if they want, for example, the ability they offer their users to buy spins with reward points, which is also earned for free through the faucet system.

Personally, I see every casino token as a speculative token, not utility tokens because when it comes to utility, i do not see anything unique about the utility of casino tokens.

Yep but this the common feature already of almost every tokens due to the existence of DeFi which even Betfury have too on different DEX aside from their staking feature built-in in the casino. Betfury is offering the most common utility for tokens that is not even related to gambling. Only the rakeback in the casino that paid in BFG tokens is the only gambling related utility but not in complete advantage for all token holders.

I like the FUN token utility with their token holders since they can get free spin which they can get rewards that is exclusive for token holders. Betfury wheel sucks btw.

I believe that it is a huge part of the casino since it started and that is why talking about is justified. Plus, if there was a BFG token topic at the altcoin part of this forum (which as far as I am aware, there are none) that would mean that the token talks could happen there and casino talks could happen here, but since there are none, token talks happen here as well.

That's not really a bad idea to be fair, I think it should be very important to notice because it leaves people no other choice but to talk about it here and should be something that we could enjoy. I get that it may not be all that simple but as long as we could do it, we should be able to do it properly and not really end up with anything that is shocking or different in the end.

The token, with the daily dividends that it gives, is one of the main selling points of the sites. And before, people would always go back just to mine some more tokens so the dividend increased. As the mining stopped, they need to focus more on the casino itself to keep improving it and adding new features.

Is it that way or the other way around. The real question that should be asked here, should they promote the token so much that it brings in people to the casino, or should they promote the casino so much that it makes people buy the token? I believe that it is more about the casino, if they promote the casino as much as possible then they are going to end up with something decent without a doubt and will end up with a good return for sure.

I think it should be noted that we are going to end up with something that will benefit them one way or another, and could be done in a way that would benefit them a lot. I know that it is not going to be all that easy, but we could definitely end up seeing the casino helping the token out.

Really they started well at the initial time of the casino but they stopped all the advertisement channels and depends on their ANN thread. Well I don't how often people visit this casino and the traffic level of the site is u known to me since I am not. Part of them. Someone was telling me why they are afraid to develop the BFG token and list it on the other companies CEX for more development is because people will sell all their tokens on their possession and abandoned the token for another so they are afraid of that so to keep the token running is to stuck it in the casino and allowing people to use it in within.

Yes, and even then they would be doing the right thing in the wrong opportunity, because obviously they have been successful with the token, people buy the BFG token and can generate a lot of money, but it is as you say if they do not take advantage of the opportunity to get the juice of this token, who else is going to get it? They have a good project, they have a good casino, but they have gotten stuck in things that they don't understand, I don't know what problems they have, I don't know why in bitcointalk they have the ability to ignore users when they have a tremendous gold mine in their hands, because those toekns have a lot of durability if they work on them from now on, if they develop more, they add better features, because they could make a difference, I don't know why things when they come from the casinos, and from the market, they don't get along well, because it's money on both sides, because a little more liquid money on the token side, so these things are what they don't assimilate, I don't know if those in charge of the token want this to go ahead, or if swol they want to be happy with the casino, but they are wasting the opportunity of their lives, this is something that you cannot say no to, I don't understand why sometimes there are people or work teams that have everything to succeed and they run away from them, So they are so chaotic that I will never understand them.

They started off hard, if so, why don't they do it again? Why don't they improve and carry out a radical campaign of social networks, signature campaigns and everything like they did in the beginning, that does help raise the price , it helps a lot if they create a good Community so that they buy the toekns, and when bitcoin achieves a good bullish rally, the token may be so well located in the market that it will also rise , because Investors put money there as a refuge, then if things are like this, why are they going to throw everything away? Rail? It's incredible , but there are people who at least Wait for an Opportunity and here they waste it.

This is why we cannot say to anyone to just wait for the updates regarding on the development of their token then continue to talk about all casino activities in this thread since we can't stop investor to voice out their frustration towards the performance of their token. Maybe the case will be different if the team answers those question and satisfy their community about their future plans about their token but nothing like that happen and as Eternad says they are been ignored. So we can expect more frustrated people to come here since if we look at the current condition of this token https://coinmarketcap.com/currencies/betfury/ we can really see that they are really in bad form.

 Volume goes more lower down and with that it show that many investors lose their interest for this token and it will be bad for other still holding it since this cannot give anything good to the token they hold and might it will take long time before it recovers.

Yet you open again another price discussion topic with this post. The only none price discussion on this post of yours is the opening statement that you encourage to discuss other topic other than price. 

Seriously, Your suggestion such as petition is nonsense since BFG token is a utility not a security token that only means the teams has no legal obligation to distribute profit to all token holders. The only thing investors can do about the price is to express their feelings on the social media channel which the team often ignore.

Ok, ok, sure, let them talk. But maybe they should also discuss something else besides "how the the price is and why team isnt doing anything to get into long promised top100 cmc"? As these talks here seems to have no effect at all. If they are all investors, holders of huge amount of tokens, why dont they make a petition? Find owners and ask them on public when they gonna fulfil promises? Instead of adding 5-15 new pages of discussion same thing here?

What is the main issue here? Why the price was almost 4 cents, and now it is 2 cents. Just 2 cents, on a market that cant switch to bull from bear. On the market where every single altcoin lost 50-90% from ATH. Wonder how everyone gonna react when BFG updates ATH and finally reaches top100.

Guess that is the sentiment of frustrated people towards their holding since they are really disappointed for the performance of BFG token so let them have freedom to express their feelings towards this token since this is valid sentiments and they are posting this on BFG thread. This discussion will subside once they see some growth and there's also exciting events held on their casino so lets be open for other discussion and try to understand people talking about that since its not really stressful especially if those people still have huge BFG balances on their wallet.

If BFG team will just post about some updates or answer questions here maybe we can see less people talking about the token but rather they talk about their experience about on their casino.

Again you are talking about BFG token Like there is nothing else to post here? Why would not you look on BetFury from non-BFG-token point of view?

Plus. You get free bitcoin if you have a stake on.

Which I have. Post Bitzler.

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.

If they can create some good developments to their token for sure there's huge hype will also come to their casino since give confidence to the people who's holding it and playing on their casino. Also maybe for that they can get new people to participate on any future events that they launch especially on acquiring their tokens. But seems all speculation regarding to possible good things will just remain as a speculation since as of now no one can tell on when are this updates will came since as of the moment no representative of BFG has a clear statement regarding current status of their BFG token.

To many discussion drop by several people so they should clarify and step up unto this since if they remain silent towards peoples frustrations I guess this will also lead other to believe that they are just sleeping and doesn't care about its community that holding their created token. There presence is important since it can make people believe that they are still working on the background and they are not neglecting on their duty to make BFG token more better.

That is the goal, if they could end up getting more and more interested people in the casino then the token will gain traction without a doubt. Not a lot of people think about this but marketing of the casino is the most important part of it all. I know that it's not easy because there are a lot of casinos and it would be hard to just show yourself among those, and while others are spending millions of dollars on marketing, betfury can't do that which is something I can understand, but that doesn't mean that it will not be good neither, I bet that they could grow.

Do not try to be the biggest and best casino in the world, if betfury starts trying to do that then they are going to overspend and not get what they want in return neither. However, if they could just try to focus on growing bigger than yesterday, that type of idea will always make you better. In any business that should be what you should be trying to do and I believe that it would work greatly.

You just said what I wanted to say when I read the comment of dwyane36. The casino (company) and the Token which working in one place cannot be separated. Therefore if the 26 developers are working on the site the they most also work on the Token to improve on the two things. Betfury Company likes they token and they using the token in the site very well so if the hire someone to come and develop and improve on the site then definitely they would touch the token to be a good position. They might list it in some of the major CEX for more recognition.

With my experience with casino tokens,  a lot of time it can be a good token to gamble on but shouldn't be taken for long-term investment since its markets are highly volatile and find it hard to always recover when there is a dip market crash,  but then you can take those token as a utility on those casino which can come with some incentive to the gamblers as an advantage and an edge over those who gamble using other coins aside the betfruy coins.

Let see how things goes with the project and how the team can manage around it,  even though the market is heavily unfavourable to those casino tokens at this point.

Betfury's 4th anniversary is coming up in a month. So, I think the BFG token has been there for about the same time or a little less. If I'm not mistaken, the BFG token was TRC-20 earlier, and two different tokens were used on the platform, which were then merged into one.
As for listing on centralized exchanges, Betfury is not doing well with this. BFG can only be found on a little-known exchange such as CoinTiger, and the problem is that there are zero trading volumes.

Of course, all players are waiting for some kind of development in the BFG tokenomics.  This would immediately revitalize and energize the casino itself and likely increase the number of players playing at the casino. 
By the   way, if devs still sometimes read our posts heree on our form, then they should have taken public opinion into account long ago and either responded here in the topic, or simply took some steps to develop the use of the token.  Moreover, such steps to use BFG would be noticed by all players who have these tokens.  And of course those players who may be thinking about purchasing them.  You, dear colleagues on the forum, have already written quite a lot of posts recently on the topic of this token.  However, the question remains unclear.  Without OP's answer, it is unlikely that we will understand what the devs of this casino think about this.