Topic: 🎲BetFury.io|​​​💫 Stellar network &amp; XLM 💫|📈BFG farming on BabySwap - page 56. (Read 89533 times)

Quote from: coinerer on April 23, 2024, 07:28:09 AM

Quote from: dwyane36 on April 23, 2024, 03:07:58 AM

Quote from: dwyane36 on April 24, 2024, 01:18:24 AM

Here I agreed with this point BFG token price is no dropping, but we are having no movement which is problem and team doing things which are surely not helpful, and we are here for long time without anything positive this is really hurting because team is not taking anything serious which are talked here for many times.
Their casino is good with many promotions and other related things which are helping them, and they can increase their profit and also can-do better things with this token but as mentioned many times they are not interested to develop this project which is really frustrating.

I would say they are still interested in developing the Betfury platform itself, and they seem to be doing well. However, the development of the BFG token has clearly become a secondary goal for them. One of the last things that could theoretically have a positive effect on the BFG token is the introduction of stBFG, under which the team has to lock up their tokens for three years.

Although BFG token is a utility token, there is no demand for it in the market. A good advantage of this token is that BFG tokens can be used for gambling on their platform. and their gambling platform is quite popular till now and there are many gamblers on their platform. so considering these, the falling price of their token and reduced trading volume is a negative sign for BFG. so there is concern about the future of this token

Its good utility already that gamblers could able to choose this token to gamble on their casino. But its like there's no large interest for people to grab this since their volume is not quiet appealing for people who want to use it since maybe they get afraid that once they choose BFG they could not able to sell it since the volume will drop more also for sure people concern about where it listed since there are some accumulators don't trust those exchange where it listed so maybe this is the effect on why we see that BFG is not moving much.

Marketing it and return back the interest of people is quiet challenging for BFG and for sure they struggle to find good plans without spending a lot of resources to promote then try to catch the interest of people on their token created.

Why is BFG Token's trading volume decreasing day by day despite its attractive high quality staking facility? On the other hand, this token is used for casino games because of its utility token. However, since its price and trading volume are decreasing day by day, how logical is it to plan for the future? anyone can buy this to gamble became it will reduce the risk of big losses and also it will help us to make small bet if we use Betfurry. but it can't be a good plan to investment for make profit

BFG is at position number 4460 in coin marketcap. no matter how many strategies the Betfurry team uses, it is doubtful that they will be able to bring their token to a good position in the market. Because when investors see a bad state of a token, they leave it and new investors stop investing in them. This causes the token to dump more quickly. BFG is also in the same situation so to be honest investing here now has a high chance of loss

FanEagle

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Its good utility already that gamblers could able to choose this token to gamble on their casino. But its like there's no large interest for people to grab this since their volume is not quiet appealing for people who want to use it since maybe they get afraid that once they choose BFG they could not able to sell it since the volume will drop more also for sure people concern about where it listed since there are some accumulators don't trust those exchange where it listed so maybe this is the effect on why we see that BFG is not moving much.

The BFG token is mostly traded on DEXs. The main trading volumes are on Biswap, and I don't remember that this DEX has had any problems in terms of trust from users. By the way, the liquidity on the BFG/USDT pair on this exchange is $1,2 million at the moment. So, the average betfury user should not have any problems if he decides to buy/sell BFG tokens.

The high liquidity is a very very strong indicator that this isn't some unwanted token that nobody cares about. There is a market for it and it means that we are going to end up with a good trading pair if we want to be interested in this token. One thing we need to be worried about is that if some big whale wants to ruin it, then they could, one million dollars is nothing and they do not even need that, some 200-300k would be enough, and there are plenty of people in the crypto world with that kind of cash to burn just to make more money.

However, the good thing is that there isn't shorting option as far as I know, so nobody has a reason to drop the price, which means that we are going to end up being decent for the long term.

Z_MBFM

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Quote from: coinerer on April 23, 2024, 07:28:09 AM

Quote from: dwyane36 on April 23, 2024, 03:07:58 AM

Here I agreed with this point BFG token price is no dropping, but we are having no movement which is problem and team doing things which are surely not helpful, and we are here for long time without anything positive this is really hurting because team is not taking anything serious which are talked here for many times.
Their casino is good with many promotions and other related things which are helping them, and they can increase their profit and also can-do better things with this token but as mentioned many times they are not interested to develop this project which is really frustrating.

I would say they are still interested in developing the Betfury platform itself, and they seem to be doing well. However, the development of the BFG token has clearly become a secondary goal for them. One of the last things that could theoretically have a positive effect on the BFG token is the introduction of stBFG, under which the team has to lock up their tokens for three years.

Although BFG token is a utility token, there is no demand for it in the market. A good advantage of this token is that BFG tokens can be used for gambling on their platform. and their gambling platform is quite popular till now and there are many gamblers on their platform. so considering these, the falling price of their token and reduced trading volume is a negative sign for BFG. so there is concern about the future of this token

Its good utility already that gamblers could able to choose this token to gamble on their casino. But its like there's no large interest for people to grab this since their volume is not quiet appealing for people who want to use it since maybe they get afraid that once they choose BFG they could not able to sell it since the volume will drop more also for sure people concern about where it listed since there are some accumulators don't trust those exchange where it listed so maybe this is the effect on why we see that BFG is not moving much.

Marketing it and return back the interest of people is quiet challenging for BFG and for sure they struggle to find good plans without spending a lot of resources to promote then try to catch the interest of people on their token created.

Why is BFG Token's trading volume decreasing day by day despite its attractive high quality staking facility? On the other hand, this token is used for casino games because of its utility token. However, since its price and trading volume are decreasing day by day, how logical is it to plan for the future? anyone can buy this to gamble became it will reduce the risk of big losses and also it will help us to make small bet if we use Betfurry. but it can't be a good plan to investment for make profit

dwyane36

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Quote from: coinerer on April 23, 2024, 07:28:09 AM

Its good utility already that gamblers could able to choose this token to gamble on their casino. But its like there's no large interest for people to grab this since their volume is not quiet appealing for people who want to use it since maybe they get afraid that once they choose BFG they could not able to sell it since the volume will drop more also for sure people concern about where it listed since there are some accumulators don't trust those exchange where it listed so maybe this is the effect on why we see that BFG is not moving much.

The BFG token is mostly traded on DEXs. The main trading volumes are on Biswap, and I don't remember that this DEX has had any problems in terms of trust from users. By the way, the liquidity on the BFG/USDT pair on this exchange is $1,2 million at the moment. So, the average betfury user should not have any problems if he decides to buy/sell BFG tokens.

avp2306

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Quote from: dwyane36 on April 23, 2024, 03:07:58 AM

Quote from: dwyane36 on April 23, 2024, 03:07:58 AM

Here I agreed with this point BFG token price is no dropping, but we are having no movement which is problem and team doing things which are surely not helpful, and we are here for long time without anything positive this is really hurting because team is not taking anything serious which are talked here for many times.
Their casino is good with many promotions and other related things which are helping them, and they can increase their profit and also can-do better things with this token but as mentioned many times they are not interested to develop this project which is really frustrating.

I would say they are still interested in developing the Betfury platform itself, and they seem to be doing well. However, the development of the BFG token has clearly become a secondary goal for them. One of the last things that could theoretically have a positive effect on the BFG token is the introduction of stBFG, under which the team has to lock up their tokens for three years.

Although BFG token is a utility token, there is no demand for it in the market. A good advantage of this token is that BFG tokens can be used for gambling on their platform. and their gambling platform is quite popular till now and there are many gamblers on their platform. so considering these, the falling price of their token and reduced trading volume is a negative sign for BFG. so there is concern about the future of this token

Its good utility already that gamblers could able to choose this token to gamble on their casino. But its like there's no large interest for people to grab this since their volume is not quiet appealing for people who want to use it since maybe they get afraid that once they choose BFG they could not able to sell it since the volume will drop more also for sure people concern about where it listed since there are some accumulators don't trust those exchange where it listed so maybe this is the effect on why we see that BFG is not moving much.

Marketing it and return back the interest of people is quiet challenging for BFG and for sure they struggle to find good plans without spending a lot of resources to promote then try to catch the interest of people on their token created.

coinerer

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Quote from: dwyane36 on April 23, 2024, 03:07:58 AM

Here I agreed with this point BFG token price is no dropping, but we are having no movement which is problem and team doing things which are surely not helpful, and we are here for long time without anything positive this is really hurting because team is not taking anything serious which are talked here for many times.
Their casino is good with many promotions and other related things which are helping them, and they can increase their profit and also can-do better things with this token but as mentioned many times they are not interested to develop this project which is really frustrating.

I would say they are still interested in developing the Betfury platform itself, and they seem to be doing well. However, the development of the BFG token has clearly become a secondary goal for them. One of the last things that could theoretically have a positive effect on the BFG token is the introduction of stBFG, under which the team has to lock up their tokens for three years.

Although BFG token is a utility token, there is no demand for it in the market. A good advantage of this token is that BFG tokens can be used for gambling on their platform. and their gambling platform is quite popular till now and there are many gamblers on their platform. so considering these, the falling price of their token and reduced trading volume is a negative sign for BFG. so there is concern about the future of this token

avp2306

sr. member

Activity: 1022

Merit: 363

Here I agreed with this point BFG token price is no dropping, but we are having no movement which is problem and team doing things which are surely not helpful, and we are here for long time without anything positive this is really hurting because team is not taking anything serious which are talked here for many times.
Their casino is good with many promotions and other related things which are helping them, and they can increase their profit and also can-do better things with this token but as mentioned many times they are not interested to develop this project which is really frustrating.

I would say they are still interested in developing the Betfury platform itself, and they seem to be doing well. However, the development of the BFG token has clearly become a secondary goal for them. One of the last things that could theoretically have a positive effect on the BFG token is the introduction of stBFG, under which the team has to lock up their tokens for three years.

We could see that in their action and their main priority is for casino development since mostly their promotions only dedicated to market their casino. Their tokens is left behind but right now atleast they have some updates made. But I don't know if people would like to agree with long years of locking period since if we think about it there's something more great options to spend our attention. Also we don't know there's something good will happen on stBFG after the lock up period. So I maybe guess that option is only for risk taker and I think majority would not agree on that lock up period since we see a lot of this and so far majority fail.

But I guess its up for the team now on how they could able convince people to try this offer since lots of people still not happy on the updates they made.

dwyane36

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Quote from: iv4n on April 18, 2024, 03:59:20 PM

Here I agreed with this point BFG token price is no dropping, but we are having no movement which is problem and team doing things which are surely not helpful, and we are here for long time without anything positive this is really hurting because team is not taking anything serious which are talked here for many times.
Their casino is good with many promotions and other related things which are helping them, and they can increase their profit and also can-do better things with this token but as mentioned many times they are not interested to develop this project which is really frustrating.

I would say they are still interested in developing the Betfury platform itself, and they seem to be doing well. However, the development of the BFG token has clearly become a secondary goal for them. One of the last things that could theoretically have a positive effect on the BFG token is the introduction of stBFG, under which the team has to lock up their tokens for three years.

BetFury.io

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Quote from: Beparanf on April 18, 2024, 11:06:23 AM

Quote from: dwyane36 on April 18, 2024, 09:16:35 PM

✧ Lock your assets for 365 days
✧ Double your Staking APY

Double the Staking APY for locking the tokens for 365 years is laughable since the total APY for that is just 77% while other tokens in DeFi offer more than a 100% APY without the need to lack the tokens and pure staking.

You should add more rewards that user can claim in daily or regular basis in addition to double APY to make a year of waiting worth it. Maybe add some rewards that related to the casino which user with locked tokens will get.

As I can see there's nothing special about stBFG's except this 77% APY, which is not impressive. So why did they add this new token? Many people expected to see the further development of BFG, but instead of that we got something new... am I missing something?

Investors can be easily sway by just increasing the APY without thinking the long term effect when the lock token unlock. There’s nothing new on this development aside from from giving false hope to token holders that the team is doing something for the token valuation while in reality it’s just the same BFG tokens locked for a year.

Quote

I will not convert my BFG's for now, I wish to continue with staking BFG to get some other coins not to get more BFG. I wonder if anyone from here plans to convert BFG for stBFG's and lock them for 365 days?

Yeah right. Converting to stBFG will just make you put in pressure to race for selling first once the tokens is unlock. We don’t know how much will BFG token change for that year so you might end up losing more than the 77% interest after unlock if the token performs bad.

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Quote from: coinerer on April 18, 2024, 10:49:59 AM

The value of their token is falling day by day due to some wrong decisions of BFG Tom. They wanted to market their casino site through their tokens and they misused the tokens a lot. So they could not hold a good position of their token for long. So there is no point in regretting about that now. They should have taken care of their tokens from the start. Because in the beginning they were able to create a lot of hype. But later they could not hold their position. it is there own failure

I wouldn't say the BFG token is dropping day by day. If you look at the chart, you will note that BFG has been trading around the same range for almost 2 years now. Of course, the Betfury team may have made a mistake in terms of progressing the BFG token. However, it's worth noting that regular users still have the opportunity to sell BFG tokens and leave the project if something doesn't suit them.

Here I agreed with this point BFG token price is no dropping, but we are having no movement which is problem and team doing things which are surely not helpful, and we are here for long time without anything positive this is really hurting because team is not taking anything serious which are talked here for many times.
Their casino is good with many promotions and other related things which are helping them, and they can increase their profit and also can-do better things with this token but as mentioned many times they are not interested to develop this project which is really frustrating.

dwyane36

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Quote from: coinerer on April 18, 2024, 10:49:59 AM

The value of their token is falling day by day due to some wrong decisions of BFG Tom. They wanted to market their casino site through their tokens and they misused the tokens a lot. So they could not hold a good position of their token for long. So there is no point in regretting about that now. They should have taken care of their tokens from the start. Because in the beginning they were able to create a lot of hype. But later they could not hold their position. it is there own failure

I wouldn't say the BFG token is dropping day by day. If you look at the chart, you will note that BFG has been trading around the same range for almost 2 years now. Of course, the Betfury team may have made a mistake in terms of progressing the BFG token. However, it's worth noting that regular users still have the opportunity to sell BFG tokens and leave the project if something doesn't suit them.

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Quote from: iv4n on April 18, 2024, 03:59:20 PM

Quote from: Beparanf on April 18, 2024, 11:06:23 AM

Quote from: Beparanf on April 18, 2024, 11:06:23 AM

✧ Lock your assets for 365 days
✧ Double your Staking APY

Double the Staking APY for locking the tokens for 365 years is laughable since the total APY for that is just 77% while other tokens in DeFi offer more than a 100% APY without the need to lack the tokens and pure staking.

You should add more rewards that user can claim in daily or regular basis in addition to double APY to make a year of waiting worth it. Maybe add some rewards that related to the casino which user with locked tokens will get.

As I can see there's nothing special about stBFG's except this 77% APY, which is not impressive. So why did they add this new token? Many people expected to see the further development of BFG, but instead of that we got something new... am I missing something?

I will not convert my BFG's for now, I wish to continue with staking BFG to get some other coins not to get more BFG. I wonder if anyone from here plans to convert BFG for stBFG's and lock them for 365 days?

For long time they are unable to impress people now they come up with this thing which is another disappointment to user since what currently they offer didn't attract people but instead it confuse us more. Also I'm not fan about locking my asset for 365 days since to many good things to happen and I can potentially earn a lot more with that if I use it on other investment rather than taking this which we don't know if their token will still got a small volume at the end of locking period.

Don't know if there's still people will do that but let see the opinion of other people if they like what they see and will try their new offer to their community.

iv4n

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✧ Lock your assets for 365 days
✧ Double your Staking APY

Double the Staking APY for locking the tokens for 365 years is laughable since the total APY for that is just 77% while other tokens in DeFi offer more than a 100% APY without the need to lack the tokens and pure staking.

You should add more rewards that user can claim in daily or regular basis in addition to double APY to make a year of waiting worth it. Maybe add some rewards that related to the casino which user with locked tokens will get.

As I can see there's nothing special about stBFG's except this 77% APY, which is not impressive. So why did they add this new token? Many people expected to see the further development of BFG, but instead of that we got something new... am I missing something?

I will not convert my BFG's for now, I wish to continue with staking BFG to get some other coins not to get more BFG. I wonder if anyone from here plans to convert BFG for stBFG's and lock them for 365 days?

Beparanf

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