There are 3 ways that tokens are burned (auction, gambling with bfg and losing, and team is also burning a big chunk). And because they haven't even hinted that they would stop that in the future, i don't think that this is a concern.

Reward amount has only decreased in altcoin pairs. If you count it in dollars, dividends have stayed more or less the same, And have you considered the fact that there way more tokens are being mined them burned? So the total amount isn't decreasing, it's still increasing. Growth it just slower because of the burning.

So, let's speculate

How much do you think these tokens will be worth when they are fused to one and are listed in exchange?

If we take auction burnings as an indicator:



At the current average rate it would first seem that they are selling tokens around $0.06, but as their average doesn't seperate BFG(btc) and BFG(trx), so this is useless indicator if we want to calculate BFG(btc). Everyone knows that BFG(btc) will be more during the swap and they have been worth more in auction too.

So how could be determine the value?

• One indicator could be mining costs with settings like "95% change to win". (Has someone done the math on this?)
• Other indicator would obviously be dividends, and i am not sure about this but it seems that cash inflow of gambling has been roughly stayed same in dollars while dropped in btc. (Dropping in BTC value is probably one of the reasons people are dumping as they see BTC rising more then dividends they would get in here
• Then there's the Trust factor. And by that i mean, that worth of these tokens raise, as the betfury site matures. As more time will pass by and more people start to trust the site.

My wild guess is that more people are willing pay at least what they would make in a year in dollars worth by holding, then there are people willing to sell what they are making in a year by holding the tokens.

With burnings involved, i would go as far as one coin being worth at least 2 years of dividends that it pays and that's currently roughly $0.07, or is my maths completely messed up in here?

Please gimme your estimation on the token price and how you arrived to that conclusion.[/list]

For sure, i would like to give it a go as well. I'll promise to share if i by some miracle am able to brute force any of them open. I know it's not likely but i've been lucky in the lottery too. notjohnreally@gmail.com

#PROOF OF REGISTRATION
Bitcointalk Username: cryptoperkele
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2394392
Telegram Username: @cperkele
Campaigns participating: Signature bounty
TRX Wallet Address: TSKKiMPvKiXSGgbCQaCKQnjgu28XTdScFT

Yeah, i don't get what this complaining is. It's perfectly normal and anyone who is visited in mores then one of these gambling sites would assume that any signup bonus comes with conditions. Usually at least with 1:1 deposit and at least 50x wager amount. I've seen way more dishonest advertising then this. At least Earnbet is telling us what those bonus conditions are.

If OP is newb (and he is). I would consider using coinbase instead of binance. Binance can be too overwhelming for people who don't know first thing about investing in btc. I mean the whole GUI is a maze and even people who are experienced in it can get pretty lost there.

I haven't bought for a long time because i already have enough, most of it in altcoins right now, but if i didn't have any i would buy slowly fill my bags all the way until btc would be $50k. After that i would consider investing risky.

May i ask what kind issues you were having and how did they handle it in the end? Did the issue got solved? So far only issue i had was an error in my end and everything has worked perfectly fine so i don't have a clue what i should be expecting when i get problems.

I wanted you guys to know that there's a vote going on in the Nominex English telegram channel about the coins they should add and TON is one of the choices.

Confidentiality however is very different from anonymity, possibility of someone leaking information exists in AA too. And as we leave tx tracks in an open blockchain, currently we have just pseudonymity at best.

But i agree that in the world where identity thefts are a thing, disclosing your ID just to anyone is dangerous and we should use common sense on where we give our ID to and why. I am pretty sure that my ID has been already stolen though.

Betfury admins, if you are listening: I had an idea about betfury tokenomics after the mining is done.

How about using some of the profits for buyback directly from the markets? Half of the bought tokens would be shared back to players as mining rewards and half of tokens would be burned.

Not only this would add some continuity in mining, but it would also make sure that players had enough incentives to play after the direct mining is over. Also that would lower the total token supply making the token more valuable.

Imho people should just assume that they will have eventually to deal with KYC because running for regulators is just avoiding inevitable. We have been in a wild west so long now that we are forgetting that if we want crypto global adoption it comes with regulations.

Dusk Network has $20M marketcap and better fundamentals then i've seen with anything in a long time. If the chart doesn't do it for you, i would recommend to google it at least

Because the burning will be more effective this way. You don't have to participate in auctions, no one isn't oblicated to do so. I am ust enjoying that people are burning tokens.

Well they are supposed to fuse the tokens together first anyway. I am waiting that people will get bored of waiting listing and sell their tokens via auction. Even though that's a very slow project if you want serious money and have lots of tokens.

It seems i got it all right, i just thought that you might have real answers and i have missed something in here. It seems that wasn't the case.

I never said that token holders invest into space tourism. i said your team is doing that (presumably with the private sale money) and i was pointing out between the lines that your investment doesn't benefit token holders. And if it would benefit them, it would be most likely automatically ruled as securities.


Moved? My bad, i guess that the current potential investors shouldn't pay attention to them? I found them via linkedin and if they are real, i suppose it's good that someone can be held responsible.


You could have answered that you have researched how to fill the requirements to achieve regulatory compliant DeFi (#RegDeFi), but you chosen to admit that you are basically just hoping that you won't get caught because everyone is doing this anyway.

And it sounds like it's you who haven't figured out the concept of cryptocurrencies. Main reason for permissionless cryptocurrencies can exist is because they aren't centralized. When project has a sale/ico/ieo/ipo, SEC can rule your coins/tokens as unregistered securities. And guess what happens then? Who will keep developing this if you are in jail or your bank accounts are seized? And don't tell me that they can't seize your crypto when you have already stated that you will invest in space mining. Those companies btw are very regulatory friendly.

And before claiming that your project is decentralized. It isn't. It revolves around your company because that's what the people paid you for.



I'll leave my quote in here because you basically dismissed it and didn't answer to most of it:

Wait, could he be the same one? Seems unrealistic but i would find it weird if the team hasn't offered him some contract with pm by now after this tweet. Seems like a perfect opportunity for pr to hire him as betfury ambassador.

Too bad i can't read the code enough to valuate it, but honestly speaking, i can't see anything too innovative in this. I didn't even got the mobile wallet work and given how old this project is, i see that as a red flag. Maybe someone could point me what exactly i am missing here. And what does the Decent has that some 10 other blockchains doesn't already have?

You can withdraw the dividends you get, not the BFG tokens. And there's no reason to withdraw those yet anyway because BFG(btc) and BFG(trx) will be fused as one token before listing.