Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 70. (Read 84964 times)

Many months ago, I was already asking in this thread what was the maximum goal that the creators of this token wanted to achieve and why they were not yet listed on many large exchanges and then I myself said that my suspicion was that it was not in the interest of the creators of this token list the token on large exchanges because of this they would risk seeing the price of the token drop a lot and they want to make a lot of money with this token, so they opted for silence which would be not posting anything about the token here on the forum and letting it people are deluding themselves that one day the token will be listed on some big exchange and for this reason they must keep doing hodl for many long years until the day the token is listed on a big exchange

but as I said, people don't think that every year more casinos are emerging and with that more people have stopped using that casino and will look for another casino and as a result the token will not be used by many people, if the casino doesn't have many customers, then the token will suffer from the consequences of the casino's fall, and this is a scenario that will hardly be avoided as long as the team remains silent, because even when people are blind and have been waiting for years doing hodl, there will come a day when they will see better thing and at that time they will discard the token and the casino at the same time

I'm wondering if the casino creators thought a lot before creating the token or if it was a decision they made out of emotion to take advantage of making money from people's greed and today they are seeing that it is expensive and takes time to list the token on exchanges and it is not easy to get the price of the token to increase a lot so that they do not lose all customers due to the dissatisfaction and disappointment for the token and the casino, the creators of the token prefer to keep the token listed on few exchanges without volume, this prevents many people from selling because people continued to hold on and hope that one day the token will be listed on major exchanges

There maybe a hope installed from minds of people if they are here actively answering the question related to their casino and to the status of their token. But they decide to stay silent maybe they don't want to get heavy criticism due to the performance shown by their token.

Since negativity is spreading here and no band aid solution has been done by their management I guess it might be normal on this thread that we can see more disappointed holders post their insights in this thread.

Gamblers get free BFG tokens in addition to their rewards for gambling on Betfurry. And by selling those BFG tokens the gamblers would get some extra money and also gamble with those BFG tokens. Because of which many gamblers were attracted to Betfurry. But now that the price of BFG has dropped, gamblers are slowly moving away from here. Altcoins are pumped as quickly as they are dumped and once heavily dumped, it does not recover easily. So it is doubtful whether the BFG will ever be able to return to its former position

I'm not sure the price has gone up a little because of the signature campaign, maybe it's still in a slightly bullish market so there's an increase, currently the market is worried about the FTX problem so there's still a question mark whether it will be bearish or will it persist to get the next bull market, but so far BFG holders have no choice but to hold onto it or buy more when the price is cheap to increase supply.

I know it might also be difficult to sell it at a cheap price because investors will experience losses because they have bought BFG at a high price and then have to sell it at a low price, that won't be really good, but so far the average price of BFG hasn't fallen that much straight away but gradually did not even fall more than 90% compared to their ATH price.

They don't have anything to update since there's no development happening to their token and I guess they are not willing to spent any dime to create big markets to their token. Maybe even if they spend still many will not give a good approach on this that's why they let it sink like that and leave this forum.

Joining on their telegram maybe the best solution but they have full control on that platform and provably they kick us out if we talk about their token and sentiments regarding on their performance.

Did the Betfury managers ever say anything about it officially? If I'm not mistaken, they just silently left the forum without any clear explanation.
By the way, it's strange that they are periodically online on the forum but don't show any activity.


I doubt many users don't like Telegram. Sure, if you try to find some useful information in telegram chats, you will just waste your time because there will probably be tons of spam messages. However, the convenience of Telegram is that many projects create separate channels for announcing news or bots for operational support of users.

It's a sad thing, however, you shouldn't leave the forum and much less ignore the recommendations, here I have been sincere in saying that they Have to do more things to Raise the Price of the tokens, what makes me sad about all that It's because they don't do anything to raise it, there are many ways, trading contests , contests to Win tokens , Signature campaigns , Everything that is Related to Raising the price of this token , there are Many things they can Do , But the Truth is I don't See the Spirit for that, I personally think that this type of thing can be Achieved , plus the Casino is good, it has Incredible games , I don't know why they don't raise the price with good marketing, I don't know why they don't give them that love that the project lacks, by making an internal focus that also helps raise the audience, but that they can provide some profit to their community, that is what should be done in these cases.

If the BFG tokens are not feeding it with new things, when the price of Bitcoin rises , Investors will not look favorably on this token as a safe haven, then they will miss the boom that Bitcoin makes at that time , that is. It is something that would be very pitiful, because if it does not rise at that time, the truth is , from the Experience I have , it will hardly be Raised , I do not see that they can do it in this order of ideas, things can happen like this , but if the The Same Team does not do it nor do They put it in a Centralized Exchange , because there is Nothing to do.

I think that first they should do things right Here in the Forum , I don't really Know what the problem Was , the truth is I Haven't understood it well , and I don't know why they now have that attitude with the members of the forum, because at one point this casino It managed to put itself in a very high place, it was head to head with the casinos that are always in the top5 , and from one moment to the next Everything Collapsed, I don't Understand why they are doing things Well.

As I understand, many users of our forum who are accustomed to writing their messages here and those who do this often do not like Telegram and the atmosphere of chaos and the avalanche of idiotic posts that exist there.  And this is understandable, it’s just that no one wants to waste time scrolling through stupid dialogues like, well, you’re a fool... you’re a fool yourself. 

As for the token, I also got the feeling that the devs are deliberately not reporting anything clear and new for the reason that they themselves have not yet decided what to do with tokenomics and what will be less expensive for them.  It is possible to gradually abandon the token, but of course this will result in some reputational losses and losses for casino customers.  And to develop further there is probably not enough budget and most likely some new ideas.  As a result, we see that the whole process is stagnating.  However, I hope that a recovery is still possible if we all finally wait for the Bitcoin bull cycle.  Which all cryptocurrency lovers have been looking forward to for a long time.

This thread is officially abandoned by the Betfury team in terms of interaction with users suggestion and concerns here. Although they are still occasionally checking since their account last login is 2 days ago, they only use the forum to post promotion announcements and that's all.

I believe joining on their telegram and discord main chat is the best thing to do for expressing your concern toward the BFG token value. The only thing we can do here is to discuss an speculation for the project.

Burning is not working. Hundreds of token has this kind of program along their road map. The price never change because of free market deciding the price. Reducing the circulation is not going to help but just a distraction for the buy order price does not change whenever they burn tokens.

But I notice that when BFG did a signature campaign in the forum, the price slightly goes up. The marketing still works but this is bear market though. Holders nothing else can do but hold especially the holders who bought at higher price.

Well, I have to agree with you honestly, it actually baffles me when some project owners will launch a new project, purposely minting billions or even trillions of tokens as a supply, then just as the project is kicking off, they will announce a token burn and hype it like it's one special event that could make every one holding the token at the time rich ..

All this are marketing tactics that used to work a long time ago, but no longer this days, the crypto market have matured and grown past that that level, I personally just look away from projects that use Burn as a marketing tactics..

But still, BFG's method of burn is quite different, and for the fact that the team have been consistent with the periodic burn, that indeed is a plus for them, and also the holders of the token.

What they should do is that they can generate whatever it takes to make the token increase in price, I bought these tokens and that was truly a complete blow and in this thread they do not respond, they do not advise what they are going to do for the token, It's like they don't care at all about the people who buy tokens here with them, they don't Offer answers to the games either, to the casino that's almost like a lack of respect because the money of the players here is also worth it, the fact that They have decided to fight with other users does not mean that Everyone is the same or that they pay the same with other users , that is something that is very Ugly.

This is a good idea. I really like this if the items is can be purchased exclusively on Betfury shop and through the use of BFG tokens only. This will gives the BFG more demand since interested user will need to purchase BFG tokens just to purchase and the profit shoul be allocated to the token buy back.

One feature I think they should add is to develop games that can be played using BFG tokens only. An exciting game with a unique feature to attract new players to purchase BFG just to play. The only sad part is we users cares more about the future of token compared to the team that obviously slowly abandoning the token and focus more on the casino. I will not surprise later on that they will remove the token feature in the casino once they use ll the reserve dedicated for the marketing.

What merchants? Do you think they would pass on merchant acceptance if they see the volume is so low? Provably not. We cannot expect any merchant acceptance since even exchange top exchange listing is also not happening yet, maybe for now they need to create big impact or create something cool to attract new investors since maybe for that BFG volume will rise, the price would stretch and for that chances that good acceptance might gonna happen.

Why not create more usefulness off the token itself, not just or staking it and get dividends everyday. A Betfury shop I guess or incentives to merchants that accepts BFG. OR whatever the team could think of. BFG is not as worth holding so team could change it to something worth it otherwise, the tokens will not rise even in the Bull run season.

Utility of the token is important to have good demands of the token in the market. Burning tokens gives hope, lets see how things work out for them.

Agree, token is just the way of crypto project gives false hope to token holders because token burn with minimal percentage to the total supply for many years will not gonna give huge impact in long run. We are not sure if Betfury is still running for that year or to the point they will have a significant decrease on the total supply.

If they really interested to lift the price. Adding additional rewards feature to token holders is much better compared to burning nonsense tokens that doesn’t give direct impact to the price.

If Betfury's team continues to burn an average of the same number of BFG tokens every month as they did last month, they will only burn 2.16% in 3 years, not 5%. So it doesn't matter which way you look at it because there will be no results from these monthly burns. Now, 32.92% of the total BFG emission is burned, and it will probably be ~35% in three years. Will this have any effect on the value of the BFG token? I don't think so, although even 3 years is not a small period for any crypto project.

This happens in anything that has any "free" word in it. As soon as people hear that, they try to abuse it as much as they can, and if they had the chance they would just take it all themselves without giving it to anyone else. I do not understand the point of trying to bankrupt a casino, just so you could have more money.

I understand money runs the world and it's the engine that keeps it turning but at the same time if you accept 1000 today instead of 50 a month, then you are losing on the long run. Keeping a casino running means getting more stuff eventually on the long term, trying to bankrupt it means you win more now, but lose more in the end. That is why it doesn't make sense to try to cheat a casino out of money.

At Least for now they are doing something like another round of token burning since it can help lessen their supplies and maybe in future they might not struggle if they do some good updates or maybe even a buyback option then it can help to get a good pump. For now we can understand that not everyone is impress with this announcement but we should support and see the long term effect of their future actions.

if nothing else, this is one of the casino tokens that is actually surviving in the trading market. the burning may have not helped in improving its price but the team is following thru their plans. now, they need to think about other services that can actually alleviate its value in the market. they need to take advantage the fact that their token is still supported by many gamblers.