🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 92.

tusandii

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Quote from: Strongkored on April 12, 2023, 01:12:11 AM

Pumping always works when there is news that a token/coin will be listed on a large exchange but apart from only happening for a short period and also working at the beginning crypto appears not for the time being, where the pump and dump group will do it because they see the benefits of the hype and pumping can be tens or even hundreds of percent, but right now it's maybe only tens of percent and it seems like it's no longer a trend that's usually used to pump a coin.

An increase in the price of tokens like this is just like Hype and is temporary where the one who uses it is a whale with a large amount of money so that when the token officially enters the exchange and the price rises, the whales will sell all the tokens they have to get a profit and after that the price of the token dropped drastically again.
If we want to take advantage of this opportunity, we have to be very careful and have a target when selling it so that we don't experience a loss when the whale sells the token.
This naturally happens in crypto trading and has become a habit that always occurs with tokens that have just been listed on the exchange so don't be surprised if later the price becomes unstable and drops drastically.

Strongkored

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Quote from: dwyane36 on April 11, 2023, 11:06:37 PM

Quote from: piebeyb on April 11, 2023, 11:17:34 AM

i think adding some new exchanges to increase trading volume will also boost BFG value when overall crypto market is bullish exactly 2 years from now i.e. 2025 as many pundits predict. but it doesn't have to be the BFG value, the most important thing is that betfurry has to convince many interested investors to want to invest in their token.

Even if BFG is ever listed on some popular exchange, it might only boost the BFG token for a short time. I think this doesn't make much sense because, as you said, the Betfury team should primarily interest investors. However, it seems like an elusive task because BFG has very few use cases, and as we can see, there is still no queue of big investors who want to buy BFG tokens and stake them on the platform.

Pumping always works when there is news that a token/coin will be listed on a large exchange but apart from only happening for a short period and also working at the beginning crypto appears not for the time being, where the pump and dump group will do it because they see the benefits of the hype and pumping can be tens or even hundreds of percent, but right now it's maybe only tens of percent and it seems like it's no longer a trend that's usually used to pump a coin.

dwyane36

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Quote from: piebeyb on April 11, 2023, 11:17:34 AM

i think adding some new exchanges to increase trading volume will also boost BFG value when overall crypto market is bullish exactly 2 years from now i.e. 2025 as many pundits predict. but it doesn't have to be the BFG value, the most important thing is that betfurry has to convince many interested investors to want to invest in their token.

Even if BFG is ever listed on some popular exchange, it might only boost the BFG token for a short time. I think this doesn't make much sense because, as you said, the Betfury team should primarily interest investors. However, it seems like an elusive task because BFG has very few use cases, and as we can see, there is still no queue of big investors who want to buy BFG tokens and stake them on the platform.

LUCKMCFLY

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Quote from: Fredomago on March 26, 2023, 11:31:41 PM

Quote from: LUCKMCFLY on March 26, 2023, 01:08:57 PM

Quote from: coinerer on March 11, 2023, 09:05:14 AM

Winning from slot machines is not possible by predicting fortunes. It totally depends on luck. However, sports betting can be predicted to win because there is a potential prediction made by researching the players and teams and looking at previous games. Because of which winning from there depends a lot on own experience. Because of which I rarely play slot games. Because it makes me very afraid of losing money. that's why sportsbet is must favourite for me

Yes, the trick with slot machines is knowing how to bet when you should, why? You cannot bet a very large balance in one spin, because obviously the balance would go away in the blink of an eye, bets on slot machines have to be very measured and have conditions of enjoyment and not regretting what is You are destined to lose, many players who enter a casino are thinking about how much they will win, and what they have to think about is how much they will lose, that way the system will not surprise them and it will make the player mature much faster and have more expertise in slots.

experienced will give you some idea on how slot works I like your example that placing huge amount of bet without any luck you'll see that in just a blink of an eye the money will be absorbed by the house, during those times of playing you'll learn how to be more patience and how you will adjust with the results each time you trigger the roll start button.

The more you are being patience the better you may win the lucky combinations. Not easy, but learnable when you understand how to calculate.

Though it's more on the entertainment and enjoyment but the fate of your winning always depends on how luck will back you up.

Yes, indeed, I have read a lot about strategies in slots, and to be honest there aren't any, in slots they are everything else, luck, randomness, but slots have something that attracts attention, it is that something that always It's there, like what it tells you, if you bet 10 dollars you can get x30, or x10 and that's money and good, if you bet more and have some luck like that, it would be something much more brilliant, what Apsa is that something happens here, self-control in some players can be lost and that is bad, there must always be self-control, because otherwise a player can lose capital and end up with empty pockets is not good.

piebeyb

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Quote from: Eternad on April 11, 2023, 09:57:16 AM

Quote from: delfastTions on April 11, 2023, 09:43:05 AM

So just wait for bitcoin to rise in price a lot.
And BFG, of course, will also increase in price.
And forget about these technical tricks like burning some of the tokens.

Agree with this part. BFG token price is slowly increasing for the past 3 months at the same time as Bitcoin. However, the BFG token price is low compared to other altcoins available in the market that already printed more than x2 to x3 growth while BFG is still below x2 level of profit. This is the only disadvantage when you invest in a token that has a high emission rate and most of the receivers from the rakeback rewards usually dump these reward tokens immediately on the market.

I believe this kind of growth is not about the project technicality boost but rather due to the overall hype on the crypto market. Because the growth on bull market is pretty high if the project itself has a major improvement on their product that will give boost on the valuation of their token and not like this.

In recent months bitcoin has been bullish on weekly and monthly charts, but I haven't seen any effect on BFG tokens and other cryptos.
The altcoin session hasn't started as a whole at the moment just bitcoin is looking bullish faster and some of the top altcoins are having more impact than other crypto tokens eg BFG

i think adding some new exchanges to increase trading volume will also boost BFG value when overall crypto market is bullish exactly 2 years from now i.e. 2025 as many pundits predict. but it doesn't have to be the BFG value, the most important thing is that betfurry has to convince many interested investors to want to invest in their token.

Eternad

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Quote from: delfastTions on April 11, 2023, 09:43:05 AM

So just wait for bitcoin to rise in price a lot.
And BFG, of course, will also increase in price.
And forget about these technical tricks like burning some of the tokens.

Agree with this part. BFG token price is slowly increasing for the past 3 months at the same time as Bitcoin. However, the BFG token price is low compared to other altcoins available in the market that already printed more than x2 to x3 growth while BFG is still below x2 level of profit. This is the only disadvantage when you invest in a token that has a high emission rate and most of the receivers from the rakeback rewards usually dump these reward tokens immediately on the market.

I believe this kind of growth is not about the project technicality boost but rather due to the overall hype on the crypto market. Because the growth on bull market is pretty high if the project itself has a major improvement on their product that will give boost on the valuation of their token and not like this.

delfastTions

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Quote from: Newlifebtc on April 10, 2023, 07:14:00 PM

Quote from: babygun on April 08, 2023, 01:41:14 PM

Quote from: capedbaldy on April 07, 2023, 06:50:37 PM

Great news, I rarely see a project have a continuous burning plan up and running for the 41st burning of BFG, but how does the team determine the amount of token burning in each stage, if the estimated tokens are +$100k in each token burning stage then the circulating token supply will decrease and it will be easy to increase when the market price increases high.

Every burning they do has almost no impact on the market price; to have a real impact on the price, they will need to develop further and add more features. The burning does have an effect on the dividends, every time after the burning, the daily dividends you get are higher but that effect only lasts for a couple of days.

it depends sure but I believe that what you are saying so far you are making a point concerning the price levels so it is normally depends on the kind of platform or the kind of deal they have actually but I don't really no exactly but through your explanation I think I believe that you are in the right track

I do not understand very well what you want to say?, but on the issue of the functioning of tokens,
I can note the following.
Of course, the process of burning part of the tokens, especially when a relatively small percentage of all issued and theoretically circulating tokens is burned, cannot give a serious increase in the price of the token, since the burning volumes are too small.
This is clearly seen in the example of burning Ethereum tokens.
So what do you want, for example from BFG?
On the other hand, staking works, players' deposits are slowly replenished. And it seems to me that not too many players are unhappy with this utility token. Of course, everyone wants tokens to cost more and be traded on large exchanges and actively, with a large daily turnover. However, do not forget that this is a game token and it is extremely difficult for devs to create a powerful ecosystem of such a token.

So just wait for bitcoin to rise in price a lot.
And BFG, of course, will also increase in price.
And forget about these technical tricks like burning some of the tokens.

Newlifebtc

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Quote from: babygun on April 08, 2023, 01:41:14 PM

Quote from: capedbaldy on April 07, 2023, 06:50:37 PM

Great news, I rarely see a project have a continuous burning plan up and running for the 41st burning of BFG, but how does the team determine the amount of token burning in each stage, if the estimated tokens are +$100k in each token burning stage then the circulating token supply will decrease and it will be easy to increase when the market price increases high.

Every burning they do has almost no impact on the market price; to have a real impact on the price, they will need to develop further and add more features. The burning does have an effect on the dividends, every time after the burning, the daily dividends you get are higher but that effect only lasts for a couple of days.

it depends sure but I believe that what you are saying so far you are making a point concerning the price levels so it is normally depends on the kind of platform or the kind of deal they have actually but I don't really no exactly but through your explanation I think I believe that you are in the right track

Fivestar4everMVP

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Quote from: klarki on April 08, 2023, 07:55:41 PM

Quote from: o48o on April 08, 2023, 07:18:13 PM

Yes, everyone knows that, yet no one knows how long they are going to do that. They might stop to 50% like some projects or keep going indefinitely. What i would like to know why they are not answering to this. They are not committed to any number so they might just stop burning after 40% for all we know. They have never promised to keep going indefinitely, and at some point there are no team tokens to be burned.

I think if they decide to stop burning BFG tokens, they will first ask the community about it and create a vote.
As it was when they decided to extend the mining period for BFG tokens.

Well, let's hope the team are that transparent and include the BFG holders in making decisions as crucial as this, beside, they better keep the burning ongoing, maybe we get to a day where the supply will be greatly reduced, the lesser the BFG supply, the more expensive its likely to be, most especially, if the team along the way, discovers more usecase for the token, and also, get it listed on some more good exchange..

o48o

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Quote from: FanEagle on April 08, 2023, 02:43:10 PM

Quote from: Coin_trader on April 07, 2023, 06:50:39 AM

This is the most possible reason for their coldness in the forum. I believe this started after they receive negative feedback due to their issue regarding the retroactive changing of affiliate commission rate against reputable user here. I don’t understand on what Betfury trying to make stand for their rules while they are now offering a huge affiliate commission for their recent event. We have no idea how much money in dispute with their issue but they should settle it fair and square if they want to clear all their reputation.

Right now the representative is just posting announcement here without engaging on any discussion that is a clear indication that they are not interested much on Bitcointalk community engagement. I remember that they are still launching signature campaign whenever they have a big event but that’s all and nothing long term plan here. I think they are doing very good when they are active here, They just shifted to social media and partnership as part of their new promotion strategy.

I think that was a weak attack to begin with. I think they missed a chance there because even though there was a few people who didn't like it, and there was a big affiliate who made a scene about it, the reality is that there were a lot of us who supported it as well. And them leaving just because some other people said something about them is a bad move because they also left the supporters like me on the road when they did that, when in fact they could have stayed with us here as well.

In any case, they did what they did and I support them and they have the right to change the rates whenever they want to because it's their business and if anyone wants to stop working for them, they could do so if they want to.

About betfury not engaging on any discussion in here:
They obviously ARE interested to market for bitcointalk community. Imho they just want get the best of it without any repercussions. If there wasn't red trust from legendary users i would brush this all off as a fud.

FanEagle: if you really think that was a weak attack you might want to defend them in the accusation thread? https://bitcointalksearch.org/topic/why-crypto-igaming-still-has-a-long-way-to-go-5400484
I really don't have any clue if the accusations are legit or not but i see them as unsolved and even if i am haven't attracted whales with my referrals in there, that accusation sort of worries me in this case. Combined with the fact i was muted in their telegram for asking questions.

But if you are sure it's unjustified fud, you can always give them green trust as that would count being a legendary user and all.

AmoreJaz

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Quote from: slapper on April 10, 2023, 02:00:59 AM

Quote from: klarki on April 08, 2023, 07:55:41 PM

Quote from: o48o on April 08, 2023, 07:18:13 PM

Yes, everyone knows that, yet no one knows how long they are going to do that. They might stop to 50% like some projects or keep going indefinitely. What i would like to know why they are not answering to this. They are not committed to any number so they might just stop burning after 40% for all we know. They have never promised to keep going indefinitely, and at some point there are no team tokens to be burned.

I think if they decide to stop burning BFG tokens, they will first ask the community about it and create a vote.
As it was when they decided to extend the mining period for BFG tokens.

You hit the nail on the head! Involving the community in critical decisions is a game-changer. Put it to a vote, let the majority rule, and the team can guarantee they're in sync with their supporters' desires. Open the floor to everyone's thoughts and concepts, and we build an all-embracing, cooperative community. Who's to say someone won't throw a curveball solution our way?

In fact, I'm betting my bottom dollar the bulk of the community will opt to "burn" those BFG tokens. You see, incinerating them shrinks the overall stockpile, which could pump up the value for the tokenholders. Ka-ching!

they can always open this to community for voting and gauge their next-plans based from what they gathered. because sometimes, listening from the pulse of the community will give them a better advantage as users already have varied experiences or have seen a lot already. they may not give the answers here but i hope they are reading and listening the sentiments of their community.
very few casino tokens have survived and with market value. and actually, it is one of their tokens that have lived long in this business. so looking forward to more years of their survival. should think of ways how to gain more supporters for their token.

tusandii

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Quote from: babygun on April 09, 2023, 05:44:52 PM

I think and hope the same. Even if they are running out of team tokens, they can still burn the tokens coming from gambling and the auctions. On a side note, I don’t think the extension of the mining was a bad thing and it gives them some time to determine the next steps whenever it stops.

When they decide to extend BFG token mining and run out of team tokens for burning, they really have to use tokens that come from gambling and auctions to be burned so that token stability can be maintained and does not make token capacity exceed what has been targeted because it can have an impact bad for the future.
In my opinion, prolonged token mining will actually have a long-term impact that is not good if there are no restrictions and reduced capacity for tokens by burning.
They have to consider this properly because it really affects their casino.

slapper

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Quote from: klarki on April 08, 2023, 07:55:41 PM

Quote from: o48o on April 08, 2023, 07:18:13 PM

Yes, everyone knows that, yet no one knows how long they are going to do that. They might stop to 50% like some projects or keep going indefinitely. What i would like to know why they are not answering to this. They are not committed to any number so they might just stop burning after 40% for all we know. They have never promised to keep going indefinitely, and at some point there are no team tokens to be burned.

I think if they decide to stop burning BFG tokens, they will first ask the community about it and create a vote.
As it was when they decided to extend the mining period for BFG tokens.

You hit the nail on the head! Involving the community in critical decisions is a game-changer. Put it to a vote, let the majority rule, and the team can guarantee they're in sync with their supporters' desires. Open the floor to everyone's thoughts and concepts, and we build an all-embracing, cooperative community. Who's to say someone won't throw a curveball solution our way?

In fact, I'm betting my bottom dollar the bulk of the community will opt to "burn" those BFG tokens. You see, incinerating them shrinks the overall stockpile, which could pump up the value for the tokenholders. Ka-ching!

babygun

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Quote from: klarki on April 08, 2023, 07:55:41 PM

Quote from: o48o on April 08, 2023, 07:18:13 PM

Yes, everyone knows that, yet no one knows how long they are going to do that. They might stop to 50% like some projects or keep going indefinitely. What i would like to know why they are not answering to this. They are not committed to any number so they might just stop burning after 40% for all we know. They have never promised to keep going indefinitely, and at some point there are no team tokens to be burned.

I think if they decide to stop burning BFG tokens, they will first ask the community about it and create a vote.
As it was when they decided to extend the mining period for BFG tokens.

I think and hope the same. Even if they are running out of team tokens, they can still burn the tokens coming from gambling and the auctions. On a side note, I don’t think the extension of the mining was a bad thing and it gives them some time to determine the next steps whenever it stops.

Emitdama

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I think as long as they keep burning, that means there will be less and less, which is more than enough and as long as we can create a hype that covers the difference then we should also be going up when you consider between burning and buyers, the sellers should feel smaller. But, right now that hasn't happened yet and people are worried if it will ever happen or not.

It is not going to be an easy decision, and shouldn't really be an easy decision to buy any tokens of course, but unless people all start to buy some, there is no solution. Team can't do anything, we can't do anything individually aside from buying a small amount, there is really no solution but to make sure that everyone wants to have BFG.

klarki

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Quote from: o48o on April 08, 2023, 07:18:13 PM

Yes, everyone knows that, yet no one knows how long they are going to do that. They might stop to 50% like some projects or keep going indefinitely. What i would like to know why they are not answering to this. They are not committed to any number so they might just stop burning after 40% for all we know. They have never promised to keep going indefinitely, and at some point there are no team tokens to be burned.

I think if they decide to stop burning BFG tokens, they will first ask the community about it and create a vote.
As it was when they decided to extend the mining period for BFG tokens.

o48o

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Quote from: dwyane36 on April 08, 2023, 05:55:53 PM

Quote from: o48o on April 08, 2023, 11:17:17 AM

Yeah, i am not sure who is in charge of their product planning but that is more like "we will carry on". One would hope that they had more vision as they could potentially change the whole face of casino as we know it. For example tokens could be used for DAO, airdrops, free passes for events, not to mention they could just officially commit to burning. Now they could just stop at some point and we don't know when.

As already mentioned above, the Betfury team is already burning BFG tokens every month, and it seems that almost 33 percent of the total BFG emission has already been burned, but the problem is that this does not have any positive effect. Maybe I'm wrong, but I get the impression that the Betfury team just ran out of ideas, especially after they initiated a vote last year to extend BFG mining for 53 months.

Yes, everyone knows that, yet no one knows how long they are going to do that. They might stop to 50% like some projects or keep going indefinitely. What i would like to know why they are not answering to this. They are not committed to any number so they might just stop burning after 40% for all we know. They have never promised to keep going indefinitely, and at some point there are no team tokens to be burned.

dwyane36

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Quote from: o48o on April 08, 2023, 11:17:17 AM

Yeah, i am not sure who is in charge of their product planning but that is more like "we will carry on". One would hope that they had more vision as they could potentially change the whole face of casino as we know it. For example tokens could be used for DAO, airdrops, free passes for events, not to mention they could just officially commit to burning. Now they could just stop at some point and we don't know when.

As already mentioned above, the Betfury team is already burning BFG tokens every month, and it seems that almost 33 percent of the total BFG emission has already been burned, but the problem is that this does not have any positive effect. Maybe I'm wrong, but I get the impression that the Betfury team just ran out of ideas, especially after they initiated a vote last year to extend BFG mining for 53 months.

FanEagle

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Quote from: Coin_trader on April 07, 2023, 06:50:39 AM

Quote from: arwin100 on April 07, 2023, 06:37:24 AM

Its also good to stop the marketing they use before if they didn't see this as effective tool to boost up their project so maybe they decide to stop their signature campaign because they didn't get their target engagement for running this campaign. But we don't know yet what plan they have since for sure they are thinking about something related to this since they also need to market their site so that they can make more people get involve on their casino.

This is the most possible reason for their coldness in the forum. I believe this started after they receive negative feedback due to their issue regarding the retroactive changing of affiliate commission rate against reputable user here. I don’t understand on what Betfury trying to make stand for their rules while they are now offering a huge affiliate commission for their recent event. We have no idea how much money in dispute with their issue but they should settle it fair and square if they want to clear all their reputation.

Right now the representative is just posting announcement here without engaging on any discussion that is a clear indication that they are not interested much on Bitcointalk community engagement. I remember that they are still launching signature campaign whenever they have a big event but that’s all and nothing long term plan here. I think they are doing very good when they are active here, They just shifted to social media and partnership as part of their new promotion strategy.

I think that was a weak attack to begin with. I think they missed a chance there because even though there was a few people who didn't like it, and there was a big affiliate who made a scene about it, the reality is that there were a lot of us who supported it as well. And them leaving just because some other people said something about them is a bad move because they also left the supporters like me on the road when they did that, when in fact they could have stayed with us here as well.

In any case, they did what they did and I support them and they have the right to change the rates whenever they want to because it's their business and if anyone wants to stop working for them, they could do so if they want to.

danadc

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Quote from: dimonstration on April 08, 2023, 12:53:58 PM

Quote from: o48o on April 08, 2023, 11:17:17 AM

Yeah, i am not sure who is in charge of their product planning but that is more like "we will carry on". One would hope that they had more vision as they could potentially change the whole face of casino as we know it. For example tokens could be used for DAO, airdrops, free passes for events, not to mention they could just officially commit to burning. Now they could just stop at some point and we don't know when.

It’s already a norm for casino that has a utility token to behave like this since BFG tokens main feature is for casino reward while BFG token value derives from the success of the casino. I think improving the casino is their top priority to have long term benefits for the token growth.

Besides all this update including the partnership are the one that always boost the price of the token if only BFG tokens is still on hype. Don’t expect any massive price growth on this token in near future as long as the team keeps using the token for marketing purposes with less token burning. BFG needs to lessen emission rate to stop flooding the token supply.

A casino like the betfury style has many facilities, in addition to winning some cryptocurrencies, that is also Something that is different than in other casinos that always have other types of services, which are only tracked in games and promotions, but I give it Importance to the tokens because if the bfg token went up in price it would be good for those who are whales and believed in the project from the beginning and since they burn there are more options to make profits as the number of tokens decreases.

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 92. (Read 82181 times)

Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 92. (Read 82181 times)