I have huge doubts that in 2023 the value of LUT token will be much different from now. This is first time I see that gambling page has its own token and you can not bet with it.
Question to those who gamble there - do you face page strange behavior? From time to time all my cryptocurrency disappear and I have only + Add currency button, as well as Sports / Games / LUT Token and other options disappear.
What is wrong with XRP and bitgame? They have suspended and resumed withdrawals and deposits 3 times already. Why other pages does not have such problem?
I have exchange my LUT in auction and withdrawn USDT, because it will take more than 100 weeks before I will be able to withdraw holders reward. 2 years without missing a single week, with a decreasing amount of reward. With addition all UI issues and lags platform has, it was easy to make such decision.
Topic: 🚀Bitgame.com|🔥LUT Lightpaper is Launched|⚡️Crypto Betting + Weekly Divs|⚽️🎮 - page 7. (Read 4614 times)
February 09, 2022, 06:45:59 AM
February 09, 2022, 06:17:35 AM
Sorry if that might upset you, but "current exchange rate" through auction is higher than I expected. Right now there is an auction for 20 USDT and highest bid is 24k LUT. 20h left, but I dont think the price would change, as I dont think a lot of people use auction. There will be 3 new auctions in next 24h. 20 USDT, 0.03 ETH and 260 TRX. Opening bids are rather low, so if you want to, you might try your luck there 
That auction rate is very insane, It's too much hassle just to liquidate your tokens with something valuable. It's useless to bid because it will just devalued our tokens. We have no choice here but to stake our tokens and wait until 2023 when they finally planned to list it on DEX.
I hope they make it sooner because the reward percentage is so low and there's no point right now on accumulating more tokens to earn more rewards because you can get more profit on other Casino tokens like betfury and owl.games. Zzzz
Even if they list it in exchange right now, the biggest question is what will motivate investors to invest in this token when you can only earn 3 cents per week, check the other tokens that you can stake even if you have a low APY you can still earn a decent amount, better increase the rewards pool, this token right now is useless and if holders will have the same rewards weekly there will be no demand.
February 09, 2022, 06:03:05 AM
Sorry if that might upset you, but "current exchange rate" through auction is higher than I expected. Right now there is an auction for 20 USDT and highest bid is 24k LUT. 20h left, but I dont think the price would change, as I dont think a lot of people use auction. There will be 3 new auctions in next 24h. 20 USDT, 0.03 ETH and 260 TRX. Opening bids are rather low, so if you want to, you might try your luck there
That auction rate is very insane, It's too much hassle just to liquidate your tokens with something valuable. It's useless to bid because it will just devalued our tokens. We have no choice here but to stake our tokens and wait until 2023 when they finally planned to list it on DEX.
I hope they make it sooner because the reward percentage is so low and there's no point right now on accumulating more tokens to earn more rewards because you can get more profit on other Casino tokens like betfury and owl.games. Zzzz
February 09, 2022, 05:26:56 AM
Sorry if that might upset you, but "current exchange rate" through auction is higher than I expected. Right now there is an auction for 20 USDT and highest bid is 24k LUT. 20h left, but I dont think the price would change, as I dont think a lot of people use auction. There will be 3 new auctions in next 24h. 20 USDT, 0.03 ETH and 260 TRX. Opening bids are rather low, so if you want to, you might try your luck there
February 08, 2022, 03:05:40 PM
If you want to get rid of your LUT tokens, you can try Bitgame auction. It can be found on https://www.bitgame.com/staking/bidding. So far this section looks empty, there is even nothing in closed, but I remember winning an auction there. Probably something wrong with the page. I suggest checking https://t.me/Bitgame_EN, they announce new auctions there also. I think users usually exchange 10-12k tokens for 20 USDT, so aim for such exchange rate (USDT is not the only alt for exchange, I saw there were BTC, TRX and ETH also).
Ah interesting, didn't know that! Receiving 20 USDT for 10 -12k tokens seems a very fair deal as the dividends you will get weekly with 10-12k tokens is only a couple of cents.
Glad that are you back @BitgameGlobal!
February 08, 2022, 07:55:45 AM
I was mining LUT token since last year before I become inactive on the forum. Is there any development in the utility of the token? The website is still slow to process data when I'm viewing details about tokens. When do you plan to list the token on an Exchange so that we can finally be list on Coinmarketcap or Coingecko. I'm still holding my farm tokens but I'm being tired to still accumulate today because there's no exachange available to liquidate my token besides staking it the website with low APY. I hope you can make faster the exchange listing even with only minimal liquidity to begin it.
If you want to get rid of your LUT tokens, you can try Bitgame auction. It can be found on https://www.bitgame.com/staking/bidding. So far this section looks empty, there is even nothing in closed, but I remember winning an auction there. Probably something wrong with the page. I suggest checking https://t.me/Bitgame_EN, they announce new auctions there also. I think users usually exchange 10-12k tokens for 20 USDT, so aim for such exchange rate (USDT is not the only alt for exchange, I saw there were BTC, TRX and ETH also).
February 08, 2022, 06:51:45 AM
Hi guys, we appreciate some of you have thoughts about how we can improve our platform.
That is why we have launched a new user feedback initiative.
If we implement your suggestion on the platform, we'll send 50 USDT to your Bitgame account!
Give your feedback by filling in this form: https://bit.ly/3slKjGJ
That is why we have launched a new user feedback initiative.
If we implement your suggestion on the platform, we'll send 50 USDT to your Bitgame account!
Give your feedback by filling in this form: https://bit.ly/3slKjGJ
February 07, 2022, 10:33:54 PM
but is bitgame team active in improving their services? we don't know. am reading that those who are staking are really getting low rewards, which is almost not worth it. but if you have your LUTs, then maybe just let it sit around and stake. however, if the bitgame wants good exposure in this gambling community, they should change or improve their marketing strategy.
there are new and old sites now that are very active and offering rewards, contests or bonuses that are very attractive. so if they will not step up, they will be left behind.
In this year I saw Bitgame team only suspend or resuming coins accepted in their sites, there's no other improving at all. The recent promotions they held is referral bonus and giveaway $200, I think they wouldn't focusing to increase the staking reward since they doesn't have good amount bankroll.there are new and old sites now that are very active and offering rewards, contests or bonuses that are very attractive. so if they will not step up, they will be left behind.
From their twitter they're looking for Portugesse community manager, if someone want it you can fill the form.
February 07, 2022, 06:40:09 PM
I have also the same experience with Betfury which is also beneficial to my funds since I could earn better in just a short span of time though Bitgame also has an edge though I think their dividend pool isn't that huge for their stakes. I believe that there will still be more improvements in the future.
Bitgame staking indeed has quite low rewards and if we compared it to other sites, it isn't really exciting for most users or might be the worst I guess. If I remember correctly, we need more than a hundred thousand of LUT to get a decent staking payout. I hope they could do something about this later, let's just wait and see for the good news from bitgame teams.but is bitgame team active in improving their services? we don't know. am reading that those who are staking are really getting low rewards, which is almost not worth it. but if you have your LUTs, then maybe just let it sit around and stake. however, if the bitgame wants good exposure in this gambling community, they should change or improve their marketing strategy.
there are new and old sites now that are very active and offering rewards, contests or bonuses that are very attractive. so if they will not step up, they will be left behind.
February 07, 2022, 05:33:57 PM
I have also the same experience with Betfury which is also beneficial to my funds since I could earn better in just a short span of time though Bitgame also has an edge though I think their dividend pool isn't that huge for their stakes. I believe that there will still be more improvements in the future.
Bitgame staking indeed has quite low rewards and if we compared it to other sites, it isn't really exciting for most users or might be the worst I guess. If I remember correctly, we need more than a hundred thousand of LUT to get a decent staking payout. I hope they could do something about this later, let's just wait and see for the good news from bitgame teams. 
February 07, 2022, 08:56:35 AM
I was mining LUT token since last year before I become inactive on the forum. Is there any development in the utility of the token? The website is still slow to process data when I'm viewing details about tokens. When do you plan to list the token on an Exchange so that we can finally be list on Coinmarketcap or Coingecko. I'm still holding my farm tokens but I'm being tired to still accumulate today because there's no exachange available to liquidate my token besides staking it the website with low APY. I hope you can make faster the exchange listing even with only minimal liquidity to begin it.
It's your decision to accumulate but the listing will only come next year 2023 I don't know the potential and the demand of the token if you can only earn 3 to 5 cents for every 10000 Lut token, the staking pool should increase before they list it in the exchange, but the good news is they have a burn mechanism so expect a cut of the supply but talking about the demand of their token, not worth if they list it today.
Quote
2023 Q1
Listing on Exchange and realize the pricing and free circulation of the tokens.
Listing on Exchange and realize the pricing and free circulation of the tokens.
February 07, 2022, 02:48:59 AM
Hi. You can see the project timeline for the LUT token here:
https://www.bitgame.com/staking/about
I think that they should quickly devise a good solution for those who trusted and bought the token, because they cannot throw away the work in such a bad way, however, we must also consider that the current market does not help the development of a token at all. , because it is the different factors like fear, panic, loss in fiat l that takes over more and more of those who bought, I would suggest that the casino could raise their token by offering rewards based on staking or burning them with BTC, or with any cryptocurrency , that gives the option to those who bought to be able to make an exchange to those currencies.
I can't really follow what you are saying as this token hasn't been launched yet on exchanges so you can't buy them yet... You can only earn them by playing and based on the number of tokens you get a weekly reward in USDT. They are planning to list it, but this will take quite a while.
https://www.bitgame.com/staking/about
I think that they should quickly devise a good solution for those who trusted and bought the token, because they cannot throw away the work in such a bad way, however, we must also consider that the current market does not help the development of a token at all. , because it is the different factors like fear, panic, loss in fiat l that takes over more and more of those who bought, I would suggest that the casino could raise their token by offering rewards based on staking or burning them with BTC, or with any cryptocurrency , that gives the option to those who bought to be able to make an exchange to those currencies.
I can't really follow what you are saying as this token hasn't been launched yet on exchanges so you can't buy them yet... You can only earn them by playing and based on the number of tokens you get a weekly reward in USDT. They are planning to list it, but this will take quite a while.
February 06, 2022, 11:36:37 AM
I have 10000 Lut and only earn 5 cents a week on Betfury I used to have 10000 Betfury tokens and was earning $2 to $4 and it's daily, see a big difference and Betfury list their token in just a year I don't think it can surpass or even equal Betfury when it comes to the value of the token, their token is a bonus but not worth playing just to get more token, I still recommend Bfg token if you want staking of your token in a casino.
I agree with you; for the moment Betfury is far more interesting as there staking payouts are a lot higher. On the other hand, it is currently easier to earn more tokens on Bitgame as there are new and you can also earn them by sports betting. I hope they consider in increasing their dividend pool!
I have also the same experience with Betfury which is also beneficial to my funds since I could earn better in just a short span of time though Bitgame also has an edge though I think their dividend pool isn't that huge for their stakes. I believe that there will still be more improvements in the future.
February 06, 2022, 11:01:31 AM
The staking principle is indeed something that you see nowadays more and more and as say, many new casinos that launch also have this. It is a good way to keep the people playing on your site.
Would be nice if we could hear anything again from the staff of Bitgame, it is already a long time ago since they last gave an update.
Yes, it's been seven days that we OP log in or drop here, there are no really any serious allegations to be addressed but questions about their token and their staking rewards and pool, just when other new casinos are having their own token, they should show competitiveness and make their token attractive to players, they have a huge promotion before they should keep up.
February 05, 2022, 01:35:05 PM
We have new casinos launching with native tokens that you can accumulate for playing and there are casinos with native tokens that you can earn by holding their token, but unfortunately, the first one who introduces this, Betfury is still miles away when it comes to comparison, I don't mean to disrespect Bitgame or all the other similar casinos with their own native token but it's really the case they have to do better because it's a new trend and there's a market for this.
The staking principle is indeed something that you see nowadays more and more and as say, many new casinos that launch also have this. It is a good way to keep the people playing on your site.
Would be nice if we could hear anything again from the staff of Bitgame, it is already a long time ago since they last gave an update.
February 05, 2022, 09:09:03 AM
the staking reward given by betfury is the highest at the moment, i also have several thousand LUT tokens but only produce a little when compared to betfury, bitgame should have started to imitate the way betfury works. Later, investors' interest in LUT tokens will decrease if the reward given is small.
Because indeed they now offer quite high things in gifts given, of course there will be many people like this.On the other hand this will be something that must be passed by other competitors if they want to compete betfury especially for Bitgame.
But indeed aside from service providers I think many people who really agree if indeed the gift given will definitely affect the assessment.
To imitate it may still be but here it will be better if it gives a better and more interesting innovation to provide added power to investors here
February 05, 2022, 07:58:10 AM
I have 10000 Lut and only earn 5 cents a week on Betfury I used to have 10000 Betfury tokens and was earning $2 to $4 and it's daily, see a big difference and Betfury list their token in just a year I don't think it can surpass or even equal Betfury when it comes to the value of the token, their token is a bonus but not worth playing just to get more token, I still recommend Bfg token if you want staking of your token in a casino.
the staking reward given by betfury is the highest at the moment, i also have several thousand LUT tokens but only produce a little when compared to betfury, bitgame should have started to imitate the way betfury works. Later, investors' interest in LUT tokens will decrease if the reward given is small.
February 02, 2022, 09:47:23 PM
I have 10000 Lut and only earn 5 cents a week on Betfury I used to have 10000 Betfury tokens and was earning $2 to $4 and it's daily, see a big difference and Betfury list their token in just a year I don't think it can surpass or even equal Betfury when it comes to the value of the token, their token is a bonus but not worth playing just to get more token, I still recommend Bfg token if you want staking of your token in a casino.
the staking reward given by betfury is the highest at the moment, i also have several thousand LUT tokens but only produce a little when compared to betfury, bitgame should have started to imitate the way betfury works. Later, investors' interest in LUT tokens will decrease if the reward given is small. February 02, 2022, 08:17:04 PM
I have 10000 Lut and only earn 5 cents a week on Betfury I used to have 10000 Betfury tokens and was earning $2 to $4 and it's daily, see a big difference and Betfury list their token in just a year I don't think it can surpass or even equal Betfury when it comes to the value of the token, their token is a bonus but not worth playing just to get more token, I still recommend Bfg token if you want staking of your token in a casino.
I agree with you; for the moment Betfury is far more interesting as there staking payouts are a lot higher. On the other hand, it is currently easier to earn more tokens on Bitgame as there are new and you can also earn them by sports betting. I hope they consider in increasing their dividend pool!
February 02, 2022, 06:41:20 PM
I think that they should quickly devise a good solution for those who trusted and bought the token, because they cannot throw away the work in such a bad way, however, we must also consider that the current market does not help the development of a token at all. , because it is the different factors like fear, panic, loss in fiat l that takes over more and more of those who bought, I would suggest that the casino could raise their token by offering rewards based on staking or burning them with BTC, or with any cryptocurrency , that gives the option to those who bought to be able to make an exchange to those currencies.
I can't really follow what you are saying as this token hasn't been launched yet on exchanges so you can't buy them yet... You can only earn them by playing and based on the number of tokens you get a weekly reward in USDT. They are planning to list it, but this will take quite a while.
I have 10000 Lut and only earn 5 cents a week on Betfury I used to have 10000 Betfury tokens and was earning $2 to $4 and it's daily, see a big difference and Betfury list their token in just a year I don't think it can surpass or even equal Betfury when it comes to the value of the token, their token is a bonus but not worth playing just to get more token, I still recommend Bfg token if you want staking of your token in a casino.
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