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Author Topic: 🎲BetFury.io| 🔥Sign up on BetFury | 🤑Get Welcome Bonus up to 590% + 225 FS  (Read 77020 times)
CryptoNika
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June 17, 2021, 06:07:21 AM
 #1961

Price is down from $4 to $0.08 now.
To be clear; it started at $0.07 and had an high of around $0.38, not sure where you are getting your 4$ from.


furthermore, loads of people were complaining they wouldnt receive dividends. They chose to cancel the withdrawals to make sure you DO receive that and tokens are not in limbo. you can withdraw right away again. probably won't make much of a difference in terms for when you would receive BFG in your wallet, but it does make a difference in terms of receiving those dividents.
I really don't see why people complain so much.
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June 17, 2021, 07:16:55 AM
 #1962


When you are not processing large withdrawals at this stage, it`s market manipulation, plain and simple.
Exactly. Those who have been around had seen all these happen before. Centralized exchanges blocking new deposits and, in Betfury's case, blocking withdrawals.

Their hot wallet only has 6 million BFG tokens. If they paid out all the large payments right away they would have to keep refilling the wallet and it would slow down the process for everybody else waiting on a withdrawal. There are also security reasons and possibly compliance reasons for delaying large withdrawals. Considering how much the price has dropped they need to adjust what is considered a large withdrawal that needs significant delay. In the past 6 hours I have not seen them make a payment over $100, most payments are actually not even worth $10.

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June 17, 2021, 08:10:28 AM
 #1963


When you are not processing large withdrawals at this stage, it`s market manipulation, plain and simple.
Exactly. Those who have been around had seen all these happen before. Centralized exchanges blocking new deposits and, in Betfury's case, blocking withdrawals.

Their hot wallet only has 6 million BFG tokens. If they paid out all the large payments right away they would have to keep refilling the wallet and it would slow down the process for everybody else waiting on a withdrawal. There are also security reasons and possibly compliance reasons for delaying large withdrawals. Considering how much the price has dropped they need to adjust what is considered a large withdrawal that needs significant delay. In the past 6 hours I have not seen them make a payment over $100, most payments are actually not even worth $10.
remember we also have a 10BFG withdrawal fee. With all the small withdrawals thats probably quite a lot of BFG wasted on fees. which means more divis for us all Wink

45mil worth of BFG withdrawals are done already again today. So tomorrow divs will be up Smiley
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June 17, 2021, 09:51:39 AM
 #1964

Hello, I am new to betfury, I was wondering if you could recommend me how to go up the BFG without investing a lot of money.  I am sorry for my bad english
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June 17, 2021, 10:15:11 AM
 #1965

Hello, I am new to betfury, I was wondering if you could recommend me how to go up the BFG without investing a lot of money.  I am sorry for my bad english

Buying them with BTC is the cheapest way for now.

On Biswap, each token costs 90 Sats in BTC (BEP20), or less than $0.04. If you wager, it's 8899 Sats each, or $3.50.

So your best bet is to save up, buy some BTC, withdraw through the Binance Smart Chain and exchange them for BFG.



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June 17, 2021, 10:31:24 AM
 #1966

The price is around 3 cents already. I hope this would improve soon. Can someone please help me with calculation.

Lets say I have 12500 BFG and I get around 1 dollar per day through staking. I can send all my BFG into farming on Biswap with 521.89% APR. How can I calculate more profitable option for me?

My 12500 BFG cost about 500 USD right now. According to farming calculator, in 7d ROI is 9.84% or $98.43 per 1000 USD. Do I calculate it correctly, that my 12500 BFG aka ~500 USD will bring "98,43/2" in 7 days ?

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UserU
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June 17, 2021, 10:44:01 AM
Merited by TopTort777 (1)
 #1967

The price is around 3 cents already. I hope this would improve soon. Can someone please help me with calculation.

Lets say I have 12500 BFG and I get around 1 dollar per day through staking. I can send all my BFG into farming on Biswap with 521.89% APR. How can I calculate more profitable option for me?

My 12500 BFG cost about 500 USD right now. According to farming calculator, in 7d ROI is 9.84% or $98.43 per 1000 USD. Do I calculate it correctly, that my 12500 BFG aka ~500 USD will bring "98,43/2" in 7 days ?

Correct, your $500 worth of BFG holdings will yield half of the $98.43, or $49.215 in BSW tokens after 7 days, or based on current rates.

Take note however the returns diminish with the gradual decline of the APR.

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TopTort777
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June 17, 2021, 11:02:16 AM
 #1968

I have started BFG withdrawal process to add them to farming on Biswap, withdrawn some other alts and got logged out. When I try to get back, I was asked to reset my password (that is strange). When I have enter my email, an error message popped-up, but after I reloaded the page, betfury.io offered to join (that is strange). In "ENTER 2FA CODE" clicking on  "Enter" does nothing. Anyone else having same issues ? Either page is overloaded or I got hacked Cheesy

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June 17, 2021, 11:13:01 AM
 #1969

The price is around 3 cents already. I hope this would improve soon. Can someone please help me with calculation.

Lets say I have 12500 BFG and I get around 1 dollar per day through staking. I can send all my BFG into farming on Biswap with 521.89% APR. How can I calculate more profitable option for me?

My 12500 BFG cost about 500 USD right now. According to farming calculator, in 7d ROI is 9.84% or $98.43 per 1000 USD. Do I calculate it correctly, that my 12500 BFG aka ~500 USD will bring "98,43/2" in 7 days ?

Correct, your $500 worth of BFG holdings will yield half of the $98.43, or $49.215 in BSW tokens after 7 days, or based on current rates.

Take note however the returns diminish with the gradual decline of the APR.

You can only get approximates here as the APR changes. But I can say, if you decided to put your BFG into farming, I believe it is a very promising one. If you will look at the liquidity of the farms, you will get the idea that they really do have good volume considering that they are new in this defi market, and it may still increase in the next coming days. But check also what possible percentage of your share in the pool that you want to join.
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June 17, 2021, 11:47:50 AM
 #1970

Isn't it funny how admins got their bigger withdrawals approved at the start while others got only their under 1000 bfg transactions trough.


CryptoNika
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June 17, 2021, 12:04:57 PM
 #1971

Bought some more BFG at 0.031$ which would be 90% APR on the Betfury platform based on todays div payment.
Expect divi's to increase a bit because of less staked BFG tokens...

3cents is definitely a buy Smiley
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June 17, 2021, 12:08:35 PM
Last edit: June 17, 2021, 12:55:52 PM by UserU
 #1972

The price is around 3 cents already. I hope this would improve soon. Can someone please help me with calculation.

Lets say I have 12500 BFG and I get around 1 dollar per day through staking. I can send all my BFG into farming on Biswap with 521.89% APR. How can I calculate more profitable option for me?

My 12500 BFG cost about 500 USD right now. According to farming calculator, in 7d ROI is 9.84% or $98.43 per 1000 USD. Do I calculate it correctly, that my 12500 BFG aka ~500 USD will bring "98,43/2" in 7 days ?

Correct, your $500 worth of BFG holdings will yield half of the $98.43, or $49.215 in BSW tokens after 7 days, or based on current rates.

Take note however the returns diminish with the gradual decline of the APR.

You can only get approximates here as the APR changes. But I can say, if you decided to put your BFG into farming, I believe it is a very promising one. If you will look at the liquidity of the farms, you will get the idea that they really do have good volume considering that they are new in this defi market, and it may still increase in the next coming days. But check also what possible percentage of your share in the pool that you want to join.

Correct.

With the recent announcement, Betfury has limited the withdrawals to 5 withdrawals a day per user.


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June 17, 2021, 12:28:04 PM
 #1973

The price is around 3 cents already. I hope this would improve soon. Can someone please help me with calculation.

Lets say I have 12500 BFG and I get around 1 dollar per day through staking. I can send all my BFG into farming on Biswap with 521.89% APR. How can I calculate more profitable option for me?

My 12500 BFG cost about 500 USD right now. According to farming calculator, in 7d ROI is 9.84% or $98.43 per 1000 USD. Do I calculate it correctly, that my 12500 BFG aka ~500 USD will bring "98,43/2" in 7 days ?

Correct, your $500 worth of BFG holdings will yield half of the $98.43, or $49.215 in BSW tokens after 7 days, or based on current rates.

Take note however the returns diminish with the gradual decline of the APR.

You can only get approximates here as the APR changes. But I can say, if you decided to put your BFG into farming, I believe it is a very promising one. If you will look at the liquidity of the farms, you will get the idea that they really do have good volume considering that they are new in this defi market, and it may still increase in the next coming days. But check also what possible percentage of your share in the pool that you want to join.

Correct.

But now we have to wait. Betfury has limited the withdrawals to 5 tokens a day per user.

Better stake them now rather than adding liquidity over time.

I'm pretty sure that is 5 transactions per user. Not 5 tokens lol
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June 17, 2021, 12:38:34 PM
 #1974

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June 17, 2021, 12:40:53 PM
 #1975

Price is down from $4 to $0.08 now.
To be clear; it started at $0.07 and had an high of around $0.38, not sure where you are getting your 4$ from.
A dot (.) was supposed to be there before the number. I also saw it reached higher before I closed Biswap.

~
Their hot wallet only has 6 million BFG tokens. If they paid out all the large payments right away they would have to keep refilling the wallet and it would slow down the process for everybody else waiting on a withdrawal.
With this kind of reasoning, I'm just glad that you're not part of the Betfury team.

What stopped them from adding more to their hot wallet? Were they not expecting huge withdrawals after listing? Is it to hard to refill when it just takes a few seconds to send a token? I'm pretty sure a minute or five of waiting wouldn't be that much of a bother compared to hours (just like what happened).

Also, take a look at this
Isn't it funny how admins got their bigger withdrawals approved at the start while others got only their under 1000 bfg transactions trough.



There are also security reasons and possibly compliance reasons for delaying large withdrawals.
How would the number of tokens to be withdrawn affect security? Why did they list on the open market when there are still compliance issues?
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June 17, 2021, 12:42:12 PM
 #1976



Buying them with BTC is the cheapest way for now.

On Biswap, each token costs 90 Sats in BTC (BEP20), or less than $0.04. If you wager, it's 8899 Sats each, or $3.50.

So your best bet is to save up, buy some BTC, withdraw through the Binance Smart Chain and exchange them for BFG.




I tried to use Biswap but I don't know how to connect it to TrustWallet.
I could trade 32 Tron for BFG
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June 17, 2021, 12:49:56 PM
 #1977

~
I tried to use Biswap but I don't know how to connect it to TrustWallet.
I could trade 32 Tron for BFG
Trust wallet is supported by BiSwap (click connect wallet and choose TW) You need to convert/swap your TRX to a BEP-20 token before you can buy BFG though because the platform uses Binance Smart Chain (BSC).
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June 17, 2021, 12:55:07 PM
 #1978



I'm pretty sure that is 5 transactions per user. Not 5 tokens lol

Brain fart moment, I'll edit my previous post.

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June 17, 2021, 12:59:36 PM
 #1979

On Biswap, each token costs 90 Sats in BTC (BEP20), or less than $0.04. If you wager, it's 8899 Sats each, or $3.50.
If someone wants to mine BFG tokens on the Betfury site, then he will pay an average of 7 cents(178 sats) for 1 BFG token because of the house edge. Anyway, you're right, and the cheapest way to buy BFG tokens is to use biswap.

remember we also have a 10BFG withdrawal fee. With all the small withdrawals thats probably quite a lot of BFG wasted on fees.
By the way, there is wrong information about the withdrawal fee on their site.


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June 17, 2021, 01:23:27 PM
 #1980

I wanted to buy on BFG for 50 BUSD, the commission was $ 28, what did you do there?
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