Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 84. (Read 84992 times)

I am from Asian region and my country is one of the restricted by Betfury, I know this because I just checked it on their page. I don't know if there is an update since I created an account, but the fact is I have an account here and ever deposit/withdraw even though I'm not active again. When my country is included in the restricted list then I never deposit/hold large amounts just want to test something new or interesting promotion, even if I won something big I was ready with the risk, but usually we have another way to anticipate.

By the way, there is no need to use VPN to access Betfury because they have provided mirror sites, yeah you already know what is the purpose of the mirror site right? yeah it broke through without restrictions  However I do not recommend you using the illegal method unless you are ready with the risks like me.

Current gamblers of Betfury, can i ask what countries are you living in? I understand f you don't want to answer but i am interested that where in the world you need to live to be comfortable to keep account and money in betfury? I mean surely all of their users are not all from china? Because i can't figure out where the money keeps coming in. Or are you in forbidden countries list and using VPN? And if so, aren't you afraid that your account could get frozen for it?

Each gambling project has different strategies for development and promotion. Personally, I think signature campaigns on this forum are unlikely to change anything in the case of Betfury. Firstly, Betfury is not particularly active in this thread, and it looks like they aren't interested in promoting the site on this forum at all. Secondly, Betfury initially allocated only 10% of the total supply for marketing, and that's the equivalent of $7.7 million at the moment. I don't know how much they've already spent on marketing over the years, but I guess the limited marketing budget may also be the reason why they don't want to spend money here.

Something that only investors can say when the market for this asset start to pump high, though we continue to share our opinion about the potential and possibilities, I guess the factor here is BFG still alive and the business still in the competitions, only time can tell if the value of this asset will increase or what will be the improvement holders will expect and how it will manifest for better profits,.

The Strategies issomething very random , as they have said , a beechy type can work very well for a Person but for others, and that is normal, when we see a player who only uses a Being can lose quickly , epro if it fensions for it , what I Recommend is not to Continue using it , but Change to Another, maybe it does not give its game Pattern and so do not lose everything , If a persons Uses many Strategies it may be that it has enough Options to Attack a game and thus be able to Win, is what we can Intuit, however we have to take our money in Consideration and how much we are going to Arrive , Because Strategy in Strategy because it can be decapitalized.

The only way for Betfury tokens to have a good comeback is for them to Remember how they did things since they Started , with signature campaigns where they made BFG token payouts Available , and get them moving, but as long as they don't Inject liquidity things in that casino will not go well , with decentralized exchanges ? No , that is not the solution, they have to invest, take risks, I think they can say that in order for them to Try to save these toekns they have to make that effort , because if they wait for Bitcoin to do all the work When it increases in price , these tokens Will not rise and it is Logical, what guarantees will they offer investors? none, and the investors are not all , will not put their money into unsafe investments.

That's what we can do while still waiting for the BFG token price to increase. Even though we don't know when the time will come, it might happen when the altcoin season comes. And when that happens, we'll see which gambling tokens can rise and bring us the greatest returns. And who knows, we can get the biggest profit from some of the gambling tokens we have saved. Investing in gambling or other tokens is tempting, but before they invest, they should make sure they can choose the token because not all tokens can go up in the next season of altcoins.

Or perhaps, investors had bought this BFG token before the price reached the current price, so they are not interested in buying it again. Besides that, we know that if a large investor has started investing, he can use a lot of money to invest, especially if the token price is still very low. Of course, they don't need to spend a lot of money to be able to get a very large number of tokens. And gamblers who also play at Betfury can get other bonuses besides the BFG token, which is a very interesting thing to try.

Yup But BFG's low prices are losing the attention of many gamblers, but since other casino sites do not offer such facilities, it still serves as a great strategy for Betfurry to retain gamblers. Gamblers are very fond of bonuses and facilities, so the more benefits that can be offered to them, the more attracted they will be to the site.  BFG is such a plus point for Betfurry.  But still the BFG team doesn't pay much attention to raising the price of BFG

The concept is to continue competing with the business, as other platforms will provide extra perks to maintain and to add more gamblers to use their services, the way BFG team manage the casino is to make sure that there are gamblers who will use the platform, that extra perks is to keep them playing or to keep them to use the services that BFG is offering,

In terms of investment, still passive if you will continue to hold and let the stake rewards be collected. We never know though if how long you need to wait before you can really feel the value of pumping high.

With returns or additional prizes in the form of free BFG tokens, this will make gamblers even more excited to gamble. Gamblers can also immediately stake BFG tokens to increase their amount at times like this so that when the price of their BFG tokens increases, and they have collected more BFG tokens than before, they can sell them, which is another advantage that gamblers can get. Other casinos also implement the same thing by providing additional benefits for gamblers. And besides that, if gamblers already have many gambling tokens, they will see which casino tokens can provide the biggest profits for them later during the altcoin season.

Yeah, lack of actual utility has always been the key reason why casino tokens seems not to do well in the market..
Like you partially said, I wish to categorically make it clear that listing tokens most especially on tier 1 exchange can only give the token a short lived pump in the price, the actual utility of the token is what will determine if the new price of the token after listing, will be sustained, or will crash even below the prices the token was before the listing, and as unfortunate as it may sound or look, casinos, majority of them, have failed in the area of launching a token that has a real usecase aside the token acting as a means to reward users.

DEX and CEX helps the token to get a demand for new investors since newly listed token will be on the spotlight of the exchange to be notice easily by its user. This is the reason why the price fluctuates during the initial list on exchange especially on Tier 1 exchange because there’s a lot of liquidity coming from traders on that exchange.

The benefitts of the token itself is the most crucial part on the success of the token. Investors want something to gain while most of the casino utility token failed on this part because casino use the token to reward players so it always being dump in the market using investors liquidity.

Neither DEX nor CEX helps to increase or decrease the price of a token or guarantee that the price of the token will increase. for a token to increase in price, there needs to be a lot of demand for that token in the market. and if the team of that token is very strong and the team itself buys back tokens and works to increase the price, then the position of that token can be seen in a good position in the market. otherwise not possible. and gambling sites are so busy with their gambling platforms that they can pay little attention to their tokens

One of the benefits at Betfurry is that when a gambler gambles, they get a return of their winnings as well as some free BFG tokens as extra rewards. and that token they can convert to another coin from the exchange. BFG Token they didn't develop much and they don't focus much on it because BFG Token is not their big product. However, the daily trading volume and amount traded for BFG is sufficient as a gambling token. However, the price of BFG is constantly falling because it is not listed on any major exchange and most of the ones that are listed are DEX.

Seeing the exchange inside Betfury reminded me of one of those closed casinos. It gives users the freedom to convert their coins into other coins, which will be up to them. It's normal if we find a price difference between the exchanges on Betfury and other exchanges. And that's okay because we can still use the exchange if we want to. Gamblers can bet and get wins first, then convert them to the coins they want.

The exchange feature on Betfury is more like an internal exchanger rather than a full-fledged DEX. So I wouldn't expect coinmarketcap to add data about Betfury's exchanger as Betfury has no information about the daily trading volume and liquidity for each trading pair. As for arbitrage, I think it's possible, but it's clearly not a good idea. At least, it seems to me that Betfury can ban a user's account if they detect that the user is using the Betfury site for arbitrage instead of gambling.

This will be a new breakthrough for betfury at least people who hold BFG tokens don't need to withdraw it from the site but can trade, I've seen this feature before on several casino sites, but most of it has been removed even though everyone might want to choose to withdraw with tokens which has lower transaction fees, therefore the crypto exchange feature is necessary in a casino site or any gambling platform.

Buying and selling exchanges like this can really help so that people can exchange and choose the crypto they want to use to bet or find alternatives for withdrawal fees that are much cheaper, I'm happy to see a feature like this at Betfury, hope other casinos add this feature too on their platform. that's a nice feature 

Exchange like Betfury cannot set a price except when it is first traded as a base price, this is an old concept when there is a difference price between one exchange and another, the trader automatically adjusts it to arbitrage. Just try to pay attention to the prices on each exchange, if you find a price difference then you can get another advantage of course it needs some consideration and as traders they know what things need attention I checked Coinmarketcap and the Betfury exchange is not listed there yet so you can monitor it.

A few % is acceptable and as you mention, it is a lot easier to not need to go to another site and just stay at Betfury. That is why I also liked the farming they offered some months ago, you just can stay on the website to earn some more BFG tokens so much more convenient.

Maybe such a big difference was initially, but I haven't noticed it now. In fact, if you compare rates on Betfury and Biswap, at first glance, it seems that the exchange of BFG for other cryptocurrencies on Biswap is more profitable by a few percent. Nevertheless, the exchange feature on Betfury looks good, and I would even say more convenient because users don't need to leave the site to exchange their tokens. The only thing which is not clear is how exactly Betfury determines rates and whether there is price slippage. If so, what is the maximum slippage tolerance?

That's a really useful feature! Now Betfury has become its own decentralized exchange (DEX). I decided to give it a try and convert my $1 > Ethereum into BFG tokens, but the transaction failed because the minimum amount required is $1 or an equivalent value in other currencies. I'm planning to come back for sure, also I find it convenient way to purchase more BFG tokens for playing/staking.