🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 77.

Negotiation

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Quote from: babygun on August 01, 2023, 05:29:41 PM

Quote from: dwyane36 on August 01, 2023, 10:30:38 AM

It doesn't mean anything. If you look at the BFG chart, you may notice that the BFG rate has been in a narrow range for a long time. It looks like the main range of the BFG token is about $0.014 to $0.018, and there were only a couple of times when the rate went down and up above this range for the last year. As I already mentioned, the main reason for this is that many users still hold the BFG token on the Betfury site.

Agreed, I still hold them on the site and will keep holding them over there for the time being because of the dividend. I will only think of selling when they get listed on some major exchanges (such as Binance) as at that time, the price will probably shoot up and it will be a good time to make some profit.

Right mate, if you keep the coins slowly for a long time you get good profit but not all coins are the same. There are many tokens that have no value even though they are on major exchanges so it is important to choose the right coin that has a lot of demand in the market and guarantees that the value of the coin will increase. Binance is very good site for exchange but BFG token price is very low higher it will rise is very difficult to guarantee. But holding a currency like bitcoin will give you a good return and no risk.

o48o

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Quote from: piebeyb on August 03, 2023, 06:38:56 AM

Maybe that could be the reason why the price didn't go up that much, because not so many tokens were burned it might be very good to reduce the amount of supply available so that it is possible to increase the value and scarcity of the price of BFG tokens, I don't know much about how this BFG token works , as far as I'm concerned I only have a few gambling tokens in my possession as well.

But somehow BFG is able to gain the trust of investors and traders so that the trading volume remains active every day so they can maintain the value of their tokens, I don't know how their team works whether they only focus on the gambling business and not on their tokens which are only given to users for free and others.

Also one reason could be the fact that BFG token is build on centralized entity, and future of this centralized entity is very much in doubt. The one greatest utility of this token was the fact it paid dividends, which have been constantly going down from the start. And so have the amount of users, that are eligible to use their site.

I personally can't see any reason or plan why volume/proits should go up again. One of the mechanisms for volume was mining, but there was not any real game plan on tokenomics or where the volume would come after the era of mining those tokens was over.

nurilham

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Quote from: leonair on August 01, 2023, 09:22:38 PM

The price of BFG token falls less than other tokens and rises less than other tokens it behaves like a stable coin. But if it is listed on a good exchange it can have a good value. But Binance will never list it. But kucoin, get.io may be better if listed on such exchanges. But the BFG team isn't focusing too much on tokens. And we don't know why they are not listing in good exchange.

Of course, the price seems hard to increase due to lack of demand on the market. So, the price just try to survive around $0,014xxx for a long time. I agree that listing the BFG tokens on top centralized exchanges (CEXs) will be the right solution. There will be higher volume trading there because they are more people who often trade crypto on CEXs. We also probably have more investors because they will trust BetFury teams if they do serious efforts to list on top CEXs.

We don't know which CEX will be the priority, it depends on the BetFury teams. Kucoin, Huobi, Bithumb, OKX, or Gate are likely good options to list BFG tokens. It should be listed on these exchanges firstly before thinking to list it on Binance. I think it isn't impossible to list on Binance, but it should have a good trading volume daily first.

Quote from: dwyane36 on August 03, 2023, 04:27:10 AM

By the way, the Betfury team mentioned its plans to list BFG on centralized exchanges 2 years ago. Here is its post, and as you can see, 2 years later, BFG is still not traded on any of the mentioned exchanges.

Quote from: BetFury.io on June 03, 2021, 10:45:36 AM

Let us share our plans for BFG listing and market expansion.
~
Phase 3:
-Push to centralize exchanges (Binance, Poloniex, Huobi, Kucoin etc)

It has been very long time since they posted this. It is quite disappointed that they didn't list on those exchanges yet. I'm sure BFG has a chance to grow its price if BetFury teams are more serious to list it on bigger exchanges. They actually have planned to list on the right CEXs. Why don't start to list on one of those CEXs, @BetFury.io?

piebeyb

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Quote from: Coin_trader on August 02, 2023, 10:10:33 AM

Quote from: Jurassic39 on August 02, 2023, 01:05:34 AM

I found a Betfury screenshot from 22 march of 2022. It said : we had a record 24h volume : 3 432 893$

So what’s your concern here? That record it’s true since Betfury is on hype last year because of many exchange listing and partnerships. They also have higher APY in both staking and mining which is why many traders including me ride the hype since they are also the most popular web3 casino that time when web3 is still hot in the market.

I remember that Betfury price fluctuate many times every time they listed on exchang like Biswap and Babyswap that offers staking with high APY. Too bad that all this hype backfire to the token valuation since the supply bloated while therefore no much token burn to maintain the price.

Maybe that could be the reason why the price didn't go up that much, because not so many tokens were burned it might be very good to reduce the amount of supply available so that it is possible to increase the value and scarcity of the price of BFG tokens, I don't know much about how this BFG token works , as far as I'm concerned I only have a few gambling tokens in my possession as well.

But somehow BFG is able to gain the trust of investors and traders so that the trading volume remains active every day so they can maintain the value of their tokens, I don't know how their team works whether they only focus on the gambling business and not on their tokens which are only given to users for free and others.

ethereumhunter

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Quote from: Fredomago on August 03, 2023, 04:30:40 AM

More on how good you are in taking the risk, if you do believe that there's still an opportunity so why not buying and staking your coin, with that good amount of staking rewards, you may earn decently if the value will also be pump when bull run happen inside the market, whatever it takes as long as you have that trust or the willingness to take that risk you might take some or if luck permits maybe decent amount of profits from this asset.

But he better be careful if he wants to buy the token because we all don't know when the gambling tokens can go up again. But staking the token is still an attractive option because at least they can get a decent return which can be sold at a high price when the altcoin market rises following the bitcoin market. The important thing is they can use what money they can afford if they still want to buy the token so that they don't sacrifice a lot of money if something happens.

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Quote from: Fivestar4everMVP on August 02, 2023, 01:20:42 AM

Quote from: Fredomago on August 01, 2023, 09:40:51 PM

Quote from: leonair on August 01, 2023, 09:22:38 PM

Quote from: babygun on August 01, 2023, 05:29:41 PM

Quote from: dwyane36 on August 01, 2023, 10:30:38 AM

It doesn't mean anything. If you look at the BFG chart, you may notice that the BFG rate has been in a narrow range for a long time. It looks like the main range of the BFG token is about $0.014 to $0.018, and there were only a couple of times when the rate went down and up above this range for the last year. As I already mentioned, the main reason for this is that many users still hold the BFG token on the Betfury site.

Agreed, I still hold them on the site and will keep holding them over there for the time being because of the dividend. I will only think of selling when they get listed on some major exchanges (such as Binance) as at that time, the price will probably shoot up and it will be a good time to make some profit.

The price of BFG token falls less than other tokens and rises less than other tokens it behaves like a stable coin. But if it is listed on a good exchange it can have a good value. But Binance will never list it. But kucoin, get.io may be better if listed on such exchanges. But the BFG team isn't focusing too much on tokens. And we don't know why they are not listing in good exchange.

Yup, not just binance but there are other exchange that the team can gain volumes, though we don' know how the team are working if they are still planning behind the project, if you still have that trust you can buy and hold/stake your coins, wait for the value to rise while earning some amount of stake rewards, this is for those who still have their tokens or still have that trust with what will be the potential of this asset.

I got a mail from betfury last week, I cant remember the actual content of that email, but i remember vividly that it was centered on BFG, and I remember them talking about staking BFG and earning 50 percent APY, and they also talked about the best wallet to store BFG.
Though I have sold all my BFG and honestly do no not have any plans of buying back soon , i do believe the team are working something out behind the scene for the token, So yeah, those who believe in the team and probably do not have any idea of a better project to invest in, or just wanna diversify their investments, can take their shot by buying and staking BFG, while waiting for the next bull run , the team might just be keeping some major developmental progress on the low right now, because announcing them now will not make much impact on the price of the token, but doing so during the bull run will create a huge fomo which will drive the price of BFG to a new all time high easily.

More on how good you are in taking the risk, if you do believe that there's still an opportunity so why not buying and staking your coin, with that good amount of staking rewards, you may earn decently if the value will also be pump when bull run happen inside the market, whatever it takes as long as you have that trust or the willingness to take that risk you might take some or if luck permits maybe decent amount of profits from this asset.

dwyane36

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Quote from: babygun on August 02, 2023, 05:06:15 PM

I know of their attempts and based on the posts that the representative wrote in this topic (some months ago), there will still working on listing them on bigger exchanges as everybody wants them to get listed on Coinbase, Bittrex, Binance, ... The problem is that we can only guess as we haven't seen an update from the team in quite a while on this topic.

Honestly, I have never heard that Coinbase has previously added gambling-related tokens to its exchange. As for Bittrex, the peak of popularity of this exchange was in the distant 2017, and now this exchange is of little interest to anyone.
By the way, the Betfury team mentioned its plans to list BFG on centralized exchanges 2 years ago. Here is its post, and as you can see, 2 years later, BFG is still not traded on any of the mentioned exchanges.

Quote from: BetFury.io on June 03, 2021, 10:45:36 AM

Let us share our plans for BFG listing and market expansion.
~
Phase 3:
-Push to centralize exchanges (Binance, Poloniex, Huobi, Kucoin etc)

babygun

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Quote from: dwyane36 on August 02, 2023, 08:52:44 AM

Quote from: leonair on August 01, 2023, 09:22:38 PM

Quote from: babygun on August 01, 2023, 05:29:41 PM

Agreed, I still hold them on the site and will keep holding them over there for the time being because of the dividend. I will only think of selling when they get listed on some major exchanges (such as Binance) as at that time, the price will probably shoot up and it will be a good time to make some profit.

The price of BFG token falls less than other tokens and rises less than other tokens it behaves like a stable coin. But if it is listed on a good exchange it can have a good value. But Binance will never list it. But kucoin, get.io may be better if listed on such exchanges. But the BFG team isn't focusing too much on tokens. And we don't know why they are not listing in good exchange.

It's worth noting that the Betfury team has previously attempted to list its token on centralized exchanges. The BFG token is formally available on such centralized exchanges as CoinTiger and Latoken, but these exchanges can actually be disregarded because there is no volume on the BFG/USDT pair. I don't know the exact reason why the Betfury team doesn't want to list its token on popular centralized exchanges, but I assume the reason could be because of the anonymity of Betfury devs.
In fact, the BFG token can only be bought on DEXes like PancakeSwap and Biswap at the moment, and that's it.

I know of their attempts and based on the posts that the representative wrote in this topic (some months ago), there will still working on listing them on bigger exchanges as everybody wants them to get listed on Coinbase, Bittrex, Binance, ... The problem is that we can only guess as we haven't seen an update from the team in quite a while on this topic.

Coin_trader

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Quote from: Jurassic39 on August 02, 2023, 01:05:34 AM

I found a Betfury screenshot from 22 march of 2022. It said : we had a record 24h volume : 3 432 893$

So what’s your concern here? That record it’s true since Betfury is on hype last year because of many exchange listing and partnerships. They also have higher APY in both staking and mining which is why many traders including me ride the hype since they are also the most popular web3 casino that time when web3 is still hot in the market.

I remember that Betfury price fluctuate many times every time they listed on exchang like Biswap and Babyswap that offers staking with high APY. Too bad that all this hype backfire to the token valuation since the supply bloated while therefore no much token burn to maintain the price.

dwyane36

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Quote from: leonair on August 01, 2023, 09:22:38 PM

Quote from: babygun on August 01, 2023, 05:29:41 PM

Agreed, I still hold them on the site and will keep holding them over there for the time being because of the dividend. I will only think of selling when they get listed on some major exchanges (such as Binance) as at that time, the price will probably shoot up and it will be a good time to make some profit.

The price of BFG token falls less than other tokens and rises less than other tokens it behaves like a stable coin. But if it is listed on a good exchange it can have a good value. But Binance will never list it. But kucoin, get.io may be better if listed on such exchanges. But the BFG team isn't focusing too much on tokens. And we don't know why they are not listing in good exchange.

It's worth noting that the Betfury team has previously attempted to list its token on centralized exchanges. The BFG token is formally available on such centralized exchanges as CoinTiger and Latoken, but these exchanges can actually be disregarded because there is no volume on the BFG/USDT pair. I don't know the exact reason why the Betfury team doesn't want to list its token on popular centralized exchanges, but I assume the reason could be because of the anonymity of Betfury devs.
In fact, the BFG token can only be bought on DEXes like PancakeSwap and Biswap at the moment, and that's it.

piebeyb

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Quote from: TopTort777 on August 02, 2023, 03:40:00 AM

Quote from: piebeyb on August 01, 2023, 09:18:25 AM

The lack of active promotion or introduction of BFG by the team may not make the BFG token known to many investors out there so this is just an ordinary token which so far hasn't seen progress in my opinion even when the bitcoin price rises the BFG token doesn't really get a positive response to its price value, even prices are fairly stable and have not moved in recent months.

I dont think that they should actively promote BFG at all. They arent token related project after all. Their goal is gambling, they arent focused on investors or trading. Their token is sort of a compliment from the chef in the restaurant. It is given for free so that you will return. People dont judge restaurant by taste of compliment. Same with BetFury. We discuss BFG token to much. We would better discuss their promos, competitions and games.

I don't really play actively on this site but I think they have the same token as other gambling tokens, when there are people who want their value to grow then that's the only suggestion I can say, regardless of how this token works, whether it's as a token thanks or something, but like that people probably won't invest in this token and just focus on gambling on this site.

Regarding promotions and others I didn't see it but I saw it was listed on CEX meaning they added it, but on the one hand everyone might like to use this BFG token to gamble too there, personally I also don't care how this BFG token works, whatever it is it all comes back to gamblers discussing this project about their promotions, competitions or games, I think this BFG token should have a good value to be able to attract interest in holding this token even if it doesn't show big profits. what do you say

TopTort777

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Quote from: piebeyb on August 01, 2023, 09:18:25 AM

The lack of active promotion or introduction of BFG by the team may not make the BFG token known to many investors out there so this is just an ordinary token which so far hasn't seen progress in my opinion even when the bitcoin price rises the BFG token doesn't really get a positive response to its price value, even prices are fairly stable and have not moved in recent months.

I dont think that they should actively promote BFG at all. They arent token related project after all. Their goal is gambling, they arent focused on investors or trading. Their token is sort of a compliment from the chef in the restaurant. It is given for free so that you will return. People dont judge restaurant by taste of compliment. Same with BetFury. We discuss BFG token to much. We would better discuss their promos, competitions and games.

Fivestar4everMVP

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Quote from: Fredomago on August 01, 2023, 09:40:51 PM

Quote from: leonair on August 01, 2023, 09:22:38 PM

Quote from: babygun on August 01, 2023, 05:29:41 PM

Quote from: dwyane36 on August 01, 2023, 10:30:38 AM

It doesn't mean anything. If you look at the BFG chart, you may notice that the BFG rate has been in a narrow range for a long time. It looks like the main range of the BFG token is about $0.014 to $0.018, and there were only a couple of times when the rate went down and up above this range for the last year. As I already mentioned, the main reason for this is that many users still hold the BFG token on the Betfury site.

Agreed, I still hold them on the site and will keep holding them over there for the time being because of the dividend. I will only think of selling when they get listed on some major exchanges (such as Binance) as at that time, the price will probably shoot up and it will be a good time to make some profit.

The price of BFG token falls less than other tokens and rises less than other tokens it behaves like a stable coin. But if it is listed on a good exchange it can have a good value. But Binance will never list it. But kucoin, get.io may be better if listed on such exchanges. But the BFG team isn't focusing too much on tokens. And we don't know why they are not listing in good exchange.

Yup, not just binance but there are other exchange that the team can gain volumes, though we don' know how the team are working if they are still planning behind the project, if you still have that trust you can buy and hold/stake your coins, wait for the value to rise while earning some amount of stake rewards, this is for those who still have their tokens or still have that trust with what will be the potential of this asset.

I got a mail from betfury last week, I cant remember the actual content of that email, but i remember vividly that it was centered on BFG, and I remember them talking about staking BFG and earning 50 percent APY, and they also talked about the best wallet to store BFG.
Though I have sold all my BFG and honestly do no not have any plans of buying back soon , i do believe the team are working something out behind the scene for the token, So yeah, those who believe in the team and probably do not have any idea of a better project to invest in, or just wanna diversify their investments, can take their shot by buying and staking BFG, while waiting for the next bull run , the team might just be keeping some major developmental progress on the low right now, because announcing them now will not make much impact on the price of the token, but doing so during the bull run will create a huge fomo which will drive the price of BFG to a new all time high easily.

Quote from: Jurassic39 on August 02, 2023, 01:05:34 AM

I found a Betfury screenshot from 22 march of 2022. It said : we had a record 24h volume : 3 432 893$

would have been good if you shared the shot here.

Jurassic39

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I found a Betfury screenshot from 22 march of 2022. It said : we had a record 24h volume : 3 432 893$

Fredomago

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Quote from: leonair on August 01, 2023, 09:22:38 PM

Quote from: babygun on August 01, 2023, 05:29:41 PM

Quote from: dwyane36 on August 01, 2023, 10:30:38 AM

It doesn't mean anything. If you look at the BFG chart, you may notice that the BFG rate has been in a narrow range for a long time. It looks like the main range of the BFG token is about $0.014 to $0.018, and there were only a couple of times when the rate went down and up above this range for the last year. As I already mentioned, the main reason for this is that many users still hold the BFG token on the Betfury site.

Agreed, I still hold them on the site and will keep holding them over there for the time being because of the dividend. I will only think of selling when they get listed on some major exchanges (such as Binance) as at that time, the price will probably shoot up and it will be a good time to make some profit.

The price of BFG token falls less than other tokens and rises less than other tokens it behaves like a stable coin. But if it is listed on a good exchange it can have a good value. But Binance will never list it. But kucoin, get.io may be better if listed on such exchanges. But the BFG team isn't focusing too much on tokens. And we don't know why they are not listing in good exchange.

Yup, not just binance but there are other exchange that the team can gain volumes, though we don' know how the team are working if they are still planning behind the project, if you still have that trust you can buy and hold/stake your coins, wait for the value to rise while earning some amount of stake rewards, this is for those who still have their tokens or still have that trust with what will be the potential of this asset.

leonair

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Quote from: babygun on August 01, 2023, 05:29:41 PM

Quote from: dwyane36 on August 01, 2023, 10:30:38 AM

It doesn't mean anything. If you look at the BFG chart, you may notice that the BFG rate has been in a narrow range for a long time. It looks like the main range of the BFG token is about $0.014 to $0.018, and there were only a couple of times when the rate went down and up above this range for the last year. As I already mentioned, the main reason for this is that many users still hold the BFG token on the Betfury site.

Agreed, I still hold them on the site and will keep holding them over there for the time being because of the dividend. I will only think of selling when they get listed on some major exchanges (such as Binance) as at that time, the price will probably shoot up and it will be a good time to make some profit.

The price of BFG token falls less than other tokens and rises less than other tokens it behaves like a stable coin. But if it is listed on a good exchange it can have a good value. But Binance will never list it. But kucoin, get.io may be better if listed on such exchanges. But the BFG team isn't focusing too much on tokens. And we don't know why they are not listing in good exchange.

ethereumhunter

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Quote from: bittraffic on August 01, 2023, 12:06:02 PM

The price is stable since last year so that's the consolation. If one had bought its token for $0.03 in the bull market and had not sold up to today, he best not sold and wait if he expects something will happen in the next few months. For some investors, profits can be gained elsewhere.

I don't see any marketing activity of Betfury, they use to be a signature campaign but they stopped already. They gotta start doing it again because it's the only way to stay alive. There are just users who had not sold their tokens since their participation in the campaign I think they are best to hire in the campaign again. Loyalty I guess.

That person has to hold the token until the price at least reverses to that price or higher so he can make a profit. Or he can stake his tokens for returns. This is the same as that freebitco offers, where investors can wait casually while hoping for a decent return.

Betfury stopped their signature campaign a while ago. Maybe they want to relaunch a signature campaign soon especially if they are going for a renewal. Signature campaigns can show that they are still serious about the project because I believe Betfury wants to run the casino for the long term.

babygun

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Quote from: dwyane36 on August 01, 2023, 10:30:38 AM

It doesn't mean anything. If you look at the BFG chart, you may notice that the BFG rate has been in a narrow range for a long time. It looks like the main range of the BFG token is about $0.014 to $0.018, and there were only a couple of times when the rate went down and up above this range for the last year. As I already mentioned, the main reason for this is that many users still hold the BFG token on the Betfury site.

Agreed, I still hold them on the site and will keep holding them over there for the time being because of the dividend. I will only think of selling when they get listed on some major exchanges (such as Binance) as at that time, the price will probably shoot up and it will be a good time to make some profit.

sunsilk

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Quote from: Jurassic39 on August 01, 2023, 11:37:48 AM

I check the volume nearly everyday on Vulkania. It's been several months that the volume is around 30000 $.

I don't know what's that website or service you've just mentioned but looking at the cmc. BFG's volume is about $90k+ in the last 24 hours.

And all of these volumes are coming from dexes and not with cexes. Looking at its volume through coingecko, the data says that it's around $60k+ for the last 24 hours.

Not that much but that's how it goes and that's what you can see from everyone here talking about it.

bittraffic

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Quote from: ethereumhunter on August 01, 2023, 07:25:51 AM

Quote from: bittraffic on August 01, 2023, 01:49:50 AM

Quote from: TopTort777 on August 01, 2023, 01:40:41 AM

I agree that low BFG activity is connected with low interest to the token. BFG token never showed big gains, so investors arent much interested in it. Holding token does not give much either. Like Ive said, this is not an independant utility token than will give much, this is an addition to gambling, sort of a gratitude, a “thank you for using our platform” gift from BetFury.

Seems like it. Its the index to look at and when it has no activity and price never goes up, then demand is also low. Or it could be the otherway round, low demand means no activity.

Never really and investor of BFG but I did tried registering to Betfury to play espeically after they launched their sportbook but then its not attractive to me since they convert the coins to USD.

Whether gambling tokens will stay like this or start to increase in the next bull run will be a mystery. It is clear that each investor already knows what they have to do. And although the current gambling tokens have not provided the best for investors, the projects are still ongoing and trying to achieve every plan they have made. So maybe investors just have to wait and keep staking those gambling tokens until the time comes for them to sell them and make a profit. Investors have also been patient so far. Of course, they won't miss the opportunity to benefit from gambling tokens later.

The price is stable since last year so that's the consolation. If one had bought its token for $0.03 in the bull market and had not sold up to today, he best not sold and wait if he expects something will happen in the next few months. For some investors, profits can be gained elsewhere.

I don't see any marketing activity of Betfury, they use to be a signature campaign but they stopped already. They gotta start doing it again because it's the only way to stay alive. There are just users who had not sold their tokens since their participation in the campaign I think they are best to hire in the campaign again. Loyalty I guess.

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 77. (Read 84992 times)

Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 77. (Read 84992 times)