Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 78. (Read 84990 times)

The whole crypto market is quite stable these days due to no volatility in bitcoin. Also, investors are accumulating BFG and other tokens before the start of the next bull run. Once we are near the halving, you may see some good gains in BFG.


So what does it matter if the volume of this coin is stable for last many months? Even the price of BFG is also stable and this is no concern at all. This only shows that this is a strong platform (Betfury) and as soon as their platform will grow, the price and volume of BFG will increase automatically.

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

There's a proper interpretation for the sideways price and the main reason why this typically occurs is when there's no demand or interest in the token on both buy and sell or like what you said is everyone is holding.

But base on the current price of BFG which is at the bottom, It's more likely that the scenario is no sufficient demand on this token anymore since the price don't move while it's still at the bottom. I doubt many holds this token since the price should be higher if many holds the token. Most of the BFG tokens is free floating on exchange and that's the reason why the price is not moving.

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.

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.

But if the Betfury team are to focus more on their token in the casino they will obviously attract a lot of people to buy and hold it, there is no activity that investors have any interest in buying and holding, it has to be profitable for holders for them to be happy with this project. many gambling tokens failed in the end I think the betfury team should focus BFG so that it doesn't become one of the list of failed tokens in the next few years.

I understand, only that sometimes these things don't Add up to me, because sometimes the forums are necessary to deepen and make the casino continue to grow, here in the forum they get very exclusive, authentic Clients, with phenomenal traffic , so this guy things are what they have to evaluate, I am not saying anything that they stay on twitter or any social Network , it is Valid, but here things have to do with the fact that when they received Great publicity thanks to the bitcointalk community, this casino became Among the most Important of the forum, and one of the best worldwide , he was Beginning to sing along with the Men and women of the forum , but what Made them sad was the desire to continue doing things well ,  I don't know what the problem was the one that appeared with another casino or with another representative , but these things can be fixed , a Misunderstanding or something makes good companies leave the Forum.

Sometimes it is good that some of the casino Operators Feel that they are at Home, not that they are being Attacked , there are many players here who Ask a lot of questions , it is because they are very interested in the Casino, in Fact there are many suggestions and that is only What really matters , the number of questions does not matter, the more questions and Suggestions on the Site they can work to make a better casino, that is the advantage that the forums have , especially Bitcointalk , which have high-level players and who do whatever it takes to Keep up with the best of all knowledge and present Improvements.

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.

To many discussions about BFG's activities but still they didn't give an update so that people following it will have an idea that there is something to wait from them. But since the movement still the same despite of many things happen to other alts people are now starting to lose interest and maybe this is less on their priority to must have crypto especially when bull run season came. Many wait for good developments to them so lets see if they can make something great that can create demand or can catch some attention of traders or investors.

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.

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.

Stable prices could be due to very low trading volume because it means there is no activity on the BFG market, usually, we can check on coinmarketcap for trading information, and indeed BFG trading volume is very low if I'm not mistaken a few months ago it was still around $500,000 but right now it's only around $30,000, but I don't know if the decline was intermittent or just in this 2-week span, since you said price stability occurred in these 2 weeks.
My guess is that more people choose to save, stake, and earn interest. I don't really follow the development of this token, or the way that can be done to benefit from holding this token, because it only has a very small portion and is in this casino.
But do not rule out the possibility that the decreased trading volume is a global effect because the crypto market has been quite calm in recent times and will usually increase again when the Bitcoin market starts to move quickly, because traders will always use the Bitcoin market as a benchmark for their movements.

Don't know if this is still good investment since BFG moves like this for longest time and even if bitcoin price stable the dev can do something to create a movement for their token. Also the volume bothers its old holders and new traders since it doesn't get any much attention to people since they maybe find this a not good investment for now.

For now I'm skeptical about buying it but let see if there's good development will happen since this is people would like to see with them.

Have you seen the Bitcoin price, it is also moving in a very tight range for the last few weeks. So when bitcoin is stable, it is not a big surprise that altcoins like BFG will also remain stable or make very less movement in terms of price. As soon as the bitcoin will break the resistance or support, the BFG coin will also pump or dump.

Also, you may take this level of 0.0145 and try to buy some BFG tokens for long term prospective. I see a good future for gambling coins and BetFury BFG can be one of the good investments at the current prices.

Hello,

Did you notice, for around 2 weeks, the BFG price is very very stable, in intraday or day to day. It remains around 0.0145.

What is all about?

Thanks

A chain reaction that will happen if there's lesser support compared to those who are throwing/dumping their coins, same drill in any projects inside the market, if interest already ship out from the project and already moving away to support a newer coin, the possibility that the value of that project will fall hard,

If there's nothing especial and support is no longer that much, investors and traders will not bite the project anymore.

Change in investment or for some, they will just keep those coins to stake and gain rewards, but there's no added investment
that will take place.

This is correct analogy and actually what’s happening on DeFi. But this is very dangerous too because there’s always a time when the liquidity on exchange become lesser since holder that farming the tokens will surely sell profit tokens while the time when people will keep buying tokens is very limited. At some point, the price will surely reach its price ceiling and result to panic sell when the token is not moving forward while the liquidity starting to get thin.

This kind of DeFi investment is very risky and only for short. Also plus the fact that there’s amlot existing DeFi tokens that offers this feature which make sholder jumps from old tokens to mew tokens frequently.

You sure have a good point though, having participated in one of such paid engagement for an altcoin that launched some months back, i can definitely say that yeah, you are right, the company hired about 30 of us and was paying us $40 every week.

What was our job?

They made it mandatory for each of us to have three different twitter accounts, so our job was, anytime they make any twitter post/tweet, we all will like, retweet and comment on that tweet/post with all our three twitter accounts, that creates a lot of interactions on such every of their tweets and also helps it gain a lot of exposure, and the result is that, even though our tasks seemed not to be adding any value to the crypto token of the company, their twitter account was gaining massive number of followers every single day, as well as their telegram and discord groups.

So indeed, most times, most of this number of views, comments and so on are nothing but just from paid engagers.

It's always important to have some sort of value to income ratio and as long as that gets better, price will always get better with it as well. Think of it like this, if you were to pay 10 dollars for a token, and get like 1 dollar per month, wouldn't you buy it? Everyone would, hence the price wouldn't stay at 10 dollars for too long since everyone would want it.

If the price is 100 dollars and you make 1 dollar per year, then I am sorry but the price may not go up, even go down. This means that as long as the rewards people could get for having it goes up, then the price of it will go up as well. That's how it has always been like and I am guessing that it is always going to be like that for the longest time as well.

What I'm saying about all this is why don't they take advantage of this? Why can't they do things here, the long and hard road to have a good project with a mature currency and that can continue to make it grow in Price , they just have to do things as before, even now things can enter. a better perspective, because they already have a community that well, little by little they have faded, but it is never too late, I think things can improve, things are not lost yet, they have a great advantage, they have to make things become better again, that can be achieved.

I have been in projects where they project a Great future, but Apparently when they Achieve good success they kind of don't put more effort into it, they trust themselves and sometimes the Bitcon market itself does not help them , because if Bitcoin falls in price obviously the Investors will take their money out of there, they will put it in safer places, so in any project Everyone must always be motivated, both players and investors with contests, with competitions , and this casino has not done badly, it has All the attitude and that's something I admire , so they should Continue Doing it that way, I really liked how they Started, they have to continue on the path they lost, it's never too late.

I have been seeing that there are many who believe in BFG tokens and it is not Bad , things can happen in the Market , whether it is beneficial or not, there is a good associated Project that can be exploited much more , what I advise is that so that Get ahead faster, everything is that they can put the token in a centralized and famous exchange , it is what could give them a Boost and take on more importance, in sddition, the casino is very good , I do not deny it, what they do with the tokens and passive income should give you a better Incentive for Investors to follow through and want to buy more Tokens.

I think that's their goal. and technically exposure is always good and i wouldn't want to be skeptic but i wonder how many of those influencer views and comments are from paid engagement. I mean they are often doing giveaways for people who interact in chats. That would mean that most of the people chatting and needing pocket change might not be a right target group for ads. NAturally it drives those videos higher as algorithms think they are worth watching. And i guess is the whole point.