Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 57. (Read 82201 times)

I have used Betfury casino once in the time when the campaign was running it the forum. And from my experience as of then about the casino was good but what was given me issue by then the sending the BFG token to binance was somehow complicated and the transaction was very high, and those were the things that make to leave them but I don't know for now if the issue is still remain the same. And from what you are you saying, the promos that are in the casino are good to participate. BFG is an altcoin and altcoins are stable coin so BFG should be stable because it is not as complex as bitcoin base on the market price.

It looks like the Betfury team continues to fulfill the items from its roadmap but with a significant delay. So Betfury recently hinted in its telegram channel about the upcoming launch of an updated referral program.
By the way, it's worth noting that Betfury will soon have another anniversary, and I even wonder if they will return to the forum and launch a signature campaign during this event as they did before or not.

I frankly think people are overestimating the effect of CEXes. Teams need to pay to get in, and that eats the token value, as they most likely have to keep on paying to keep it listed, if there's not enough trading volume for it. And to top of that, Uniswap had $67.93 billion trading volume as of March 2023, and only CEX that goes over that is Binance.

Imho CEXes serve a purpose of giving a change to trade lots of coins with their own blockchain. But when it comes to tokens, you don't need that. Sure, you might get some attention if you hit Binance, Coinbase, Kraken or Bitfinex. But let's face the fact that this token is most likely way too shady for those. And even if it would get listed, it would cost insane amount. And listing to other CEXes would be just waste of money, because listing cost would push the price down, and listing would come most likely with fake volume and not enough liquidity.

That's true, looking at the performance of it for the past year. There's not that much drop but if we're going to take a look at the whole chart of it, although it's dropping it's not that far from the launching price.

The volume is low for this time so activities aren't that much and the movement of its price and performance isn't also a lot.

But we'll see if Bitcoin goes on another ATH, it will move all of these tokens including BFG.

This current condition became normal with BFG since there's less people trading it so expect to see a stable pricing since majority decide to keep their BFG hold rather than selling since they might lose totally if majority of them decide to dump at this point.
I'm will not get surprised if BFG price will go more lower since if that current $50k+ volume will get wipe out for sure the price would provably fell down for more, so I think this one make investors worry since they don't know if BFG management can sustain that and gain another set of investors with their current situation.

I understand your comments and can connect to your rage and confusion. I see. Isn't it hard to value gaming tokens in actual money? I know how it feels to question a symbol's value. Indeed, decentralised exchanges are useful. Though, real-time prices and direct interactions make centralised exchanges more stable

I see your dissapointment. I feel it. Your casino doesn't appear to be living up to the hype, especially on bitcointalk. Don't despair. I'm sorry to see nobody improving or getting enthused, but I think it's vital to communicate these concerns, which you're doing. I find it hard to watch talent wasted. I also think the community should keep improving and changing

The confusion with members or users are there. Clearing up and moving on is crucial. Everyone should have clarity and not be disappointed. You're right: casinos, especially those with their own coin, must keep it valuable and appealing. There's more to it than gambling. Participate in markets, events, and more. I sympathise and hope you recover. We should try something else. Expect the best from them and remind them of a vast, dynamic group waiting

It's great if you only hold BFG tokens on the Betfury site for staking rewards. In that case, you will probably make some profit as your initial investment will be about the same, and the daily staking rewards will provide you with a small profit. However, I think the fact that BFG behaves like stablecoin is not good for those who bought these tokens a year or two years ago with the hope of multiplying their investments.

I say stable because I have been holding BFG tokens for 3 months, and from Coingecko's data it has only experienced a decline of 3-10% over the past year. I think that's cool considering the current price of Bitcoin.

It's because Betfury current price is already in the bottom way below the listing price. I believe most of the early investors already exit while the current holder are those who earn Betfury through rakeback and staking rewards or some holders that purchased recently during the low price.

I will be surprised if the price goes way lower since it means that someone whale holder is dumping tokens or worst the team cashing out their token allocation.  Being stable below the low price is not a good sign but rather no one is interested to add more tokens at the current price. It's only good for investors that wants to enter BFG market.

Well, sometimes things in casinos with their Players can go many ways, yes, but it is very natural that if a casino has a Token in stock, then as a good player, as a trader, as a market speculator and perhaps possibly as a good Investor see the fiat Value of the Token , because it is also Interesting , and I Understand what it Means that you don't just see it , but it is Something that resides like this so the topken does not have much mopvietno, it is only in decentralized exchange and decentralized exchanges They are good, but nothing like the centralized ones that can give real values in real time, and that can make a direct interaction, of the Exchange with the Platform , so these Types of Things are what sometimes Attract Attention , in Addition to this they can also set the price of Bitcoin, and they can also set the price of the token, the idea is not bad, the casino has a lot of good games, but they have to anticipate the Boom, they have to approve that they are on bitcointalk, there is no other option, They are in the best forum ever, they have to put Love into this.

If there is a misunderstanding with a user, a member, they can clarify things so they can move forward, but they cannot be doing things so that people enter and leave disappointed with the token, you have to see that when you have a native token and it is not only attractive enough or it is forgotten, I don't feel like playing in the casino , because one of the things besides gambling is being in the market, there are so many things that can be done, like contests or something to raising the price, so many contests, even trading, many things can be done, but from what I have seen there is no desire for things to improve with the bitcointalk community, we have to remind them that this is a very big community, where there are many investors, where there are people who are specialists in each area and who can do Everything in an environment where good things Arrive.

Perhaps BetFury's strategy was to wait for the maximum fall of the crypto market and only then raise their token in the top 100. In principle, this is very reasonable. But even if BFG enters the top 100, there is no guarantee that the casino will continue to support the price of its token. The roadmap condition will be fulfilled, so it will make no sense for BetFury to continue investing in BFG's marketing.

I haven't played at the Betfurry casino for a long time, I came back and watched and took part in the latest promotional events with easy conditions, the BFG token price is also quite stable even though the Bitcoin price is now dumping

Yep, the minimum threshold to enter the top 100 is relatively small at the moment. If the Betfury team really wanted to get into the top 100 now, they would need to somehow pump up the BFG price to at least 7.6 cents. However, it's worth noting that their post was published back in May 2021. At that time, the BTC price was around $35-38k, and the minimum threshold to enter the top 100 was over $500 million, i.e. it was noticeably higher than it is now.

Coins must have a minimum market cap of more than $275 million to move into the Top 100 position. There BFG's market cap is only $51 million.  And there is not enough trading volume for BFG.  So it is not a very easy task for this token to be in the list of top 100 coins. The BFG team needs to keep an eye on the token and give a lot of effort if they want to be in the top 100 coins on CoinMarketCap.  Then maybe it is possible.  In this case BFG team will need all marketing and heavy investment

The ESLProLeague Season 18 play-off matches will be played between 26 September and 1 October. Betfury offers you to bet on your favourite teams to play in the finals. The first matches have already started. I don't know the strength and skill of all the teams, but I think Fnatic and Virtus.pro will play in the final.

You can bet on your favourite teams here:
https://betfury.io/esports/counter-strike/counter-strike-global-offensive/esl-pro-league-season-18-2305207055180501035

Announcement: https://twitter.com/betfury_gaming/status/1706586908128678269

Being at top 100 needs a lot of work plus huge support from their investors so maybe this might not gonna happen to them any time soon. But if they can make some good progress to their token well maybe this might be a game changer to them. For now holders should stretch up more their patience since we don't know their team is working around in the background and thinking planning about good to their token.

This will be a long waiting game so let see who are those people can able to wait for upcoming updates made by devs and if they can really earn something good for waiting for so long on BFG.

It would be giving false hopes if they would abandon casino, token and would run away. So far they are present. I remember their goal, but it aint easy to get into top100 without huge investments in promotion and etc. Of course if will take time to achieve that. But, as BFG token isnt their primary goal, I dont see a problem here. We also have goals to become rich and famous. So far everyone one of us are on a long path to it. But it does not mean that we have stopped or failed. So do they.

It is quite possible that the casino devs will pay attention to the issues with the BFG token, which are so actively discussed in this topic. Well, for example, they will make it so that in the casino interface it would still be possible to find out the current price of the token in dollars without unnecessary actions.  But in general, it seems to me that despite the plans for BFG tokenomics, which were too optimistic two or three years ago, and which are also given in the white paper of this project, they simply moved into the stage of a pessimistic scenario.  However, it is too early to despair and give up and abandon further development.  In any business, a pessimistic development scenario does not mean the complete collapse of a project.  But these may well just be times of survival and waiting for a new surge in devs’ enthusiasm and new solutions. 
It is obvious that the bullish cycle will immediately revive all the work on the token.  So you just have to wait and not despair. 
We must be optimistic.   

They never really said it directly, but if you look at their old posts, you can see that they wrote that their goal is to reach the top 100. This way, they gave false hopes to their users because reaching the top 100 implies constant work on improving the token and, as a result, increasing the capitalization of the BFG token many times. Of course, now we can say that there is stagnation of BFG token development, and as you said, it has become a thing that the Betfury team pays attention to only in its spare time, although I am more than sure that it wasn't initially so.

I guess it's a little bit discouraging to tell everyone that you can mine those coins by playing and after playing even whale playing with huge bets, you can see that you earn fraction of a fraction of something that doesn't even pay dividends enough that you could withdraw, and it would be billion times easier to buy those tokens with pocket money then try to play and earn by that. Who would pla just for tokens? Not to mention that staking those bought tokens would never bring the invested amount back.