Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 57. (Read 84943 times)

Well that's what people looking for to see some great changes but it seems betfury cannot give this that's why there's no good changes in volume and price of their token. Many people look forward for something good changes to happen but they always fail to see that and this is the main reason why they get disappointed and decide to leave because they don't see any progress happening.

They just leave their Ann thread bump here by certain discussion happened and if people will decide that they are totally done with this casino for sure this will be forgotten.

No new development for the casino besides that APR. Maybe it needs another promotion to keep the projects popularity because its starting to die down.

If its presence is just to keep the ANN thread up, it will be forgotten especially that I don't see anyone bragging their wins in this casino.

I think why many believe that betfury coin may not be able to to be a potential casino coins is because of it previous market behaviours and how it plans to affect the future possibilities to become a good investment choice at some point.

Also what have lead to so much lack of confidence in casino tokens is many of its likes that have become dead and inactive and if you check around you will find a hand full of those projects that have become worthless and dead so don't blame some members for making such statement about this token,  but if you have some spear money to play around with,  this is the best time to buy some of that tokens and hold against the next market bull.

In my opinion, the casino is going in the direction of an investment site, which is another business model completely different from casinos, which have to have licenses, which in most casinos are Curacao licenses, and for this reason casinos are obliged to have to apply for kyc and are also obliged not to accept people from certain countries. the token is not listed on major exchanges and I don't see any commitment towards listing on major exchanges, I don't see any use case that will attract more investors, so this news you're giving doesn't have any major impact for those who still hold the token. token, in the same way that investing in the token and staking is a big risk

This is a risk that I highly doubt people are willing to take, especially because we are talking about a casino, a place that is supposed to be for playing without thinking about making a profit. So I'm thinking about a scenario in which a person arrives at your casino and puts in $200, takes the $100 and stakes $100 and plays and loses, then puts in another $200, plays and loses, at the end of the staking the guy will be in a lot of harm. I don't know how a casino could function at the same time as an investment site. In my opinion, investment sites and casinos don't mix. you could have created another website that targeted investments, you could have created an altcoin that had a real use

instead of creating a casino token that I don't see having a good future, as there won't be any further developments in the token, it won't be listed on the big exchanges and the price won't go up much, but if you had created a separate project, something like a token that had use, had a development plan for the token until it became an altcoin and was listed on major exchanges, then it would have investors, and you would have a casino separate from the altcoin and separate from an investment site.

I honestly can not agree with you bud, before you believe and say that BFG will grow in value in the coming bull run, first find out how it performed in the Last bull run, it was on this thread that I learnt that BFG was one of the worst performer tokens in the last bull run, and why is this? In my personal opinion, it's because there is no utility for the token, there is no usecase, staking for dividend is not a use case, playing in the BetFury casino and earning BFG in return for your activity on the casino is not a use case, and to even make matters worst, the team behind BFG don't care, they seem not to give a damn.

Every thing about BFG seems to be zero,
Talk about utility
Talk about transparency
Talk about roadmap/future plans
Talk about community
Talk about development
Talk about top tier exchanges listing, BFG is mostly trading on decentralized exchanges.

What exactly do you think will be the catalyst that would drive the price of BFG up in the coming bull run when there is zero developments and transparency for BFG's future from the team behind it? Do you think speculation alone can do the job?

I would say that the release was at the wrong time and that's why it looked like there was a big drop, but ever since that release period we have been doing fine and I think it is going to be quite good and should be doing fine. I get that it may not be all that easy to handle it right now but it should be fine in the end when people are happy about the situation.

We are going to end up seeing BFG do a lot better, and even go beyond the release price eventually one day. That is at least what I believe will happen, I can't say that it is guaranteed, maybe I am wrong and it will never pass that price again, but if I can see how they are doing right now, it would be very difficult not to pass. You would need some sort of big crash to the website itself for that to happen, as long as the casino is standing strong and keep going, I think the worth of the token will grow year by year, and it is going to be something that will be much higher than current price, or at least hopefully so.

I think it's the other way around. New coins are being created more and more, but they have no value. All these new coins are of no use to anyone. BFG is traded on the market for more than one year, this coin has a use and it is not a scam. So when the bullrun starts BFG has a much better chance to grow in value.

That's one way to say that they rather focus on inflation then effective burning. I guess the inflation makes more sense when it happens to the pockets of the holders.

Except it isn't holders but stakers, and the irony of this is that ton of people in here aren't legally protected if they deposit their tokens for staking,
as i am guessing majority is not even allowed to use the site.

So why would anyone risk it when they can just freeze your accounts because of tos violation?
After higher lvl kyc happens, they just can't legally give your money to you. So i am hoping everyone read the tos.


Even though they don't even feel need to list all the restricted juristions:

It still performs relatively better than the other alts I hold though.

Another example is the FUNtoken which peaked at near 5 cents but is now trading at ~10% of its value.

Those 2021 magical bullruns won't repeat themselves with the older alts as long as new coins get generated

The staking seems interesting and a lot higher than on other sites, so together with the new bonuses, this seems another good update. I just wish, that whenever the Betfury team comes online, they would also comment on the ongoing discussion we are having about the BFG tokens. Just a little update would be appreciated and would give more insights on what the plans are with the token.

It's true what you say, I wonder why Betfury token developers continue to issue new tokens because this really has a bad impact on business, especially since people out there only invest in tokens that have a limited amount

I also really doubt investors' interest in buying Betfury tokens, they will definitely only use other altcoins to play on the Betfury site

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Well some of the gambling tokens have shown some chances at the early stage of the market listening and those who buy in or have gotten the token through airdrop or bounty will have the chance to make some profits from the token and some of the token investors will like to take their profits and that have affected a lot of those tokens market growth and continues growth of the market value some point.

So along the market line, their price dropped and was not able to recover, but if this new token from Betfury can take care of that possibility then it will be a good one and also their should not make the token to be huge supply of tokens and they aim to build the token to be a utility token on their casinos, which should also give gamblers the chance to make extra bonus while using the token on their casino.

Casino tokens aren't good investment options, their main purpose is to give you access to some unique promotions, cashbacks and other rewards. They don't offer any innovation in crypto world including increased privacy, decentralization, etc. So, you I suggest everyone to focus on promotional benefits instead of potential capital growth from holding them because they aren't meant for that.

If demand is still high, then burning should increase the price but if demand is low, then burning of some tokens won't do a thing but will stabilize the market.

Well, you are right, it sure feels good to earn tokens for free for one's gambling activities on a casino, but honestly, with how stagnant BFG  have become in terms of price growth, I honestly do not see the fun in earning it anymore.

Lets assume that the term still gave the token the attention it deserved, by now while most of the coins and tokens are up, BFG should be up too, instead, it's down, with a trading volume of around $79 thousand dollars in the last 24 hours.

Not really encouraging, but all the same, I personally have not given up, I trust the team will do something about the value of BFG before the next bull run.

The players that have been earning through dividend will think that they should earn more BFG tokens because you've been playing there and the feeling of earning through it seems satisfying.

But as you intend to earn more with that, there's also a lot of things that needed to be considered when you do that because it's either you're one of the few that's still holding it and helps with the volume.

Anyway, your activity as you've said has dropped already and everyone's thought about holding the token is just all about it and not so good at all and not entirely about the business matter of running the casino itself.

But then, judging by the absence of any information on planning the BFG tokenomics, it becomes clear that in general the presence of such a token has a negative impact on the entire casino business. 
And it turns out that it would be better if the casino itself did not start this experiment with its utilitarian gaming token from the very beginning.  Then perhaps the devs should admit that this token initiative was a mistake and that its support will be phased out.
 This would be fair and correct in relation to the players and, on the contrary, would increase the image of the casino in the eyes of those players who are just thinking about playing in this casino.

Even though this is just 5%, we all know how with only a percent or less bounty hunters managed to drop token prices during list. Even though this is just 5%, I think few knows that, but majority see that platform distribute, what suppose to grow in value and become more precious, like a machinegun. Just knowing that fact many made skeptical decisions about investing. Yet again, this is just my vision and I am a nobody in total mass.

According to the data on the BFG token page, the Betfury team initially allocated only 5% of the total BFG emission to both bonuses and referrals. I don't know if this data is relevant at the moment, but it seems to me that distributing that amount of tokens relative to the total BFG emission shouldn't be a deciding factor for a potential investor.

You are right and that is why I like dividend casinos like Betfury. The only downside now is, that you don't get any more BFG for gambling there, so with that incentive taken away, my activity dropped (also because of work). The fun thing with earning tokens and getting a dividend, is that you are always inclined to earn more tokens to increase your dividend.