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[klarki]

I see that BSW and BFG token prices are going down. That is not healthy for exchange and gambling platform. This could be explained by huge price drops on the market. But it was several days ago and not Bitcoin has recovered from 29k to 33k. I could not blame lack of interest to platform, as people continue to gamble and staking continue to distribute rewards. Dont understand current price drop. Any thoughts ?

At the moment, only one mechanism has been implemented to preserve (containment) the value of the BFG token.



This is clearly not enough. There are statistics on how many tokens go back to the platform?

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[UserU]

I mean it dropped over nearly 40 cents to under 2 cent right now, how much of a drop did you expected? You imagined it would be $0.0000002 right now? It was 40+ cents, now it is under 2 cents, that is the drop that everyone talks about. I am not saying that BFG is doing horrible, that is what every token that is not insanely hyped does, if you make a token available that has a million users waiting for it, then it will go up, but this drop is exactly like how all others happen and that is not going to change anytime soon.

What I was thinking about however is the fact that we are talking about something that is not really that shocking, because drops happen but this is as big as it gets, let's not act as if this is horrible but let's not act as if this is good, this is neither good nor its any bad it is just what to expect from coins like this overall.

FreeBitcoin's FUN is facing a similar situation so not a surprise there. After all, they are primarily used for on-site benefits and not elsewhere.

[coin-investor]

The price of BFG is tied to the dividends you receive. If the value of our dividends drops because of a bear market then the price of BFG will follow. BSW has been really volatile and it might be due to it's inflation rate. When you offer 400% returns for staking we are going to see large dumps by whales and because there isn't that much liquidity it will drive down the price. I bought a few hundred dollars in BSW and thought I could turn it into $1000 within a short time but it has instead stayed close to the original price even though I am compounding every day.

Until now I cannot see a thread about Biswap here in Bitcointalk, it's a good topic to discuss and it's a good way to promote Biswap to gain more liquidity providers and farmers, they should market their exchange because they are competing with other Decentralized Exchange, they should not just rely on Betfury players to invest and provide liquidity.

[Taskford]

The price of BFG is tied to the dividends you receive. If the value of our dividends drops because of a bear market then the price of BFG will follow. BSW has been really volatile and it might be due to it's inflation rate. When you offer 400% returns for staking we are going to see large dumps by whales and because there isn't that much liquidity it will drive down the price. I bought a few hundred dollars in BSW and thought I could turn it into $1000 within a short time but it has instead stayed close to the original price even though I am compounding every day.

Until now I cannot see a thread about Biswap here in Bitcointalk, it's a good topic to discuss and it's a good way to promote Biswap to gain more liquidity providers and farmers, they should market their exchange because they are competing with other Decentralized Exchange, they should not just rely on Betfury players to invest and provide liquidity.

Don't know if the owner know this forum but you can try to open up about this and suggest if they can post a thread so that other user will be aware about their service and possibly BFG could benefit if things will became successful in this community. Also your right since if they just rely on their players for sure expect to get a slow progress but I believe devs have better plans on this.

[babygun]

Signature campaign is promotion to increase traffic not to attract new players there are various promotions that new users like, for example:

Sta**  offer an initial payout when a team scores a goal within 15 minutes
btb** offer 2x higher odds  normal odds 2.00 they offer 4.00
Fort***  offers 2 free spins on slot games for every bet on euro matches
Spor***  offer free bet and more

While on Betfury I haven't seen any promotions

I went into livechat and asked if Betfury is planning to make/create some promotions about the sportsbook and the answer is no...
They should do it to attract more people but I guess this is not their highest priority at the moment.

[Bttzed03]

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Don't know if the owner know this forum

Well, Betfury team = BiSwap team (or affiliated). That's what I thought when BFG was listed on a never before heard AMM/DEX called BiSwap. When you read previous comments, that's what others suspect as well.

~
I went into livechat and asked if Betfury is planning to make/create some promotions about the sportsbook and the answer is no...
They should do it to attract more people but I guess this is not their highest priority at the moment.

They must be satisfied with players using their dividends to bet on sports.

[Saisher]

Don't know if the owner know this forum but you can try to open up about this and suggest if they can post a thread so that other user will be aware about their service and possibly BFG could benefit if things will became successful in this community. Also your right since if they just rely on their players for sure expect to get a slow progress but I believe devs have better plans on this.

If the developer of Biswap does not know about this forum then he is missing a lot every great project starts here all the coin that they have on their exchange have an existing thread here, if Biswap goes down to 50 cents their starting price or even lower they are missing something that they should have done in the first place and that is using this forum to promote Biswap.

[UserU]

Signature campaign is promotion to increase traffic not to attract new players there are various promotions that new users like, for example:

Sta**  offer an initial payout when a team scores a goal within 15 minutes
btb** offer 2x higher odds  normal odds 2.00 they offer 4.00
Fort***  offers 2 free spins on slot games for every bet on euro matches
Spor***  offer free bet and more

While on Betfury I haven't seen any promotions

Actually sig campaigns are meant to both attract new players and bring in more traffic. They are basically paid advertising.

Players see the banner, anything that catches their eye will cause them to click and signup. So the casino earns a new customer/ player.

Doesn't have to be any promo, but the gimmick matters. Free daily, 24/7 support, you get the picture.

[Taskford]

Don't know if the owner know this forum but you can try to open up about this and suggest if they can post a thread so that other user will be aware about their service and possibly BFG could benefit if things will became successful in this community. Also your right since if they just rely on their players for sure expect to get a slow progress but I believe devs have better plans on this.

If the developer of Biswap does not know about this forum then he is missing a lot every great project starts here all the coin that they have on their exchange have an existing thread here, if Biswap goes down to 50 cents their starting price or even lower they are missing something that they should have done in the first place and that is using this forum to promote Biswap.

Maybe they know this forum but they choose to market on their own way although your right they are missing a lot of opportunities to market their product but I think the owners know what they are doing maybe we can see them advertise here in future.

Actually sig campaigns are meant to both attract new players and bring in more traffic. They are basically paid advertising.

Players see the banner, anything that catches their eye will cause them to click and signup. So the casino earns a new customer/ player.

Many companies are doing this but only few survive since this need a lot of funds since if you just advertise for only 1 week then this is not a good option for you maybe they should try to create different things which can help them attract the gamblers.

[jostorres]

FreeBitcoin's FUN is facing a similar situation so not a surprise there. After all, they are primarily used for on-site benefits and not elsewhere.

Yeah, that is what I am saying to begin with. It is not bad, it is similar, it is basically what everyone else does, but people are acting as if BFG is doing "good" and that is not it neither, it is not doing good at all, there is nothing good about the current situation. People think that something has to be either good or bad, and that is not the case at all, why would you have to label something either good or bad? Why can't we say that it is not bad because everything else was similar, and it is not good because it is similar to everything else, it is just "normal" and that's it, there is nothing wrong with being normal, just middle way not up or down.

For some reason when it comes to tokens people think that it has to either be hyped or a scam, like there is no middle ground for some reason. In any case I would have to say that we just have to accept it the way it is.

[BitcoinHunt3r]

Signature campaign is promotion to increase traffic not to attract new players there are various promotions that new users like, for example:

Sta**  offer an initial payout when a team scores a goal within 15 minutes
btb** offer 2x higher odds  normal odds 2.00 they offer 4.00
Fort***  offers 2 free spins on slot games for every bet on euro matches
Spor***  offer free bet and more

While on Betfury I haven't seen any promotions

Actually sig campaigns are meant to both attract new players and bring in more traffic. They are basically paid advertising.

Players see the banner, anything that catches their eye will cause them to click and signup. So the casino earns a new customer/ player.

Doesn't have to be any promo, but the gimmick matters. Free daily, 24/7 support, you get the picture.

Yes indeed that's the main purpose of the campaign, but I'm not sure it can work well if they don't offer something interesting there are many competitors here 
BFG mining should apply to sports betting because this is something unique I don't understand why they don't do it this can be used as a promotion.

[Renampun]

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Yes indeed that's the main purpose of the campaign, but I'm not sure it can work well if they don't offer something interesting there are many competitors here 
BFG mining should apply to sports betting because this is something unique I don't understand why they don't do it this can be used as a promotion.

I see sports betting is still too new, maybe in the near future, they will add BFG mining there...

the discussion about the signature campaign is very interesting, I'm sure many people will join if betfury holds another signature campaign.

[BitcoinHunt3r]

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Yes indeed that's the main purpose of the campaign, but I'm not sure it can work well if they don't offer something interesting there are many competitors here 
BFG mining should apply to sports betting because this is something unique I don't understand why they don't do it this can be used as a promotion.

I see sports betting is still too new, maybe in the near future, they will add BFG mining there...

The Betfury team has confirmed that sports betting is not valid for BFG mining only available on casino games

❗️''Cashback and Mining are not available for Sports Betting''


even though I think this is one of the things that attracts players to bet here

Also check out the new rule that tokens mined after the exchange launch are not available for withdrawal it takes at least 180 days for tokens to be withdrawn

[babygun]

The Betfury team has confirmed that sports betting is not valid for BFG mining only available on casino games

❗️''Cashback and Mining are not available for Sports Betting''


even though I think this is one of the things that attracts players to bet here

Also check out the new rule that tokens mined after the exchange launch are not available for withdrawal it takes at least 180 days for tokens to be withdrawn

There is indeed a lock up period of 6 months when mining new tokens but you can release these when playing with BFG tokens. I don't know the wagering requirement to release it but it works.

[dwyane36]

The Betfury team has confirmed that sports betting is not valid for BFG mining only available on casino games

❗️''Cashback and Mining are not available for Sports Betting''


even though I think this is one of the things that attracts players to bet here

It's weird that Betfury doesn't allow to convert BFG tokens to USD/EUR and use it for sports betting like other cryptocurrencies. However, it is their platform and their rules, and it looks like the use of BFG tokens for sports betting would be equal to BFG mining.

[onecall123]

The Betfury team has confirmed that sports betting is not valid for BFG mining only available on casino games

❗️''Cashback and Mining are not available for Sports Betting''


even though I think this is one of the things that attracts players to bet here

It's weird that Betfury doesn't allow to convert BFG tokens to USD/EUR and use it for sports betting like other cryptocurrencies. However, it is their platform and their rules, and it looks like the use of BFG tokens for sports betting would be equal to BFG mining.

That would be really amazing mate, I heard that it's coming. After the BFG listing and the sports betting launch this is what we can expect next batch of updates. Soon we can use BFG for sports betting, community says they wait for BFG price to be a little stable though. Let's see..

[BitcoinHunt3r]

The Betfury team has confirmed that sports betting is not valid for BFG mining only available on casino games

❗️''Cashback and Mining are not available for Sports Betting''


even though I think this is one of the things that attracts players to bet here

Also check out the new rule that tokens mined after the exchange launch are not available for withdrawal it takes at least 180 days for tokens to be withdrawn

There is indeed a lock up period of 6 months when mining new tokens but you can release these when playing with BFG tokens. I don't know the wagering requirement to release it but it works.

I didn't find any information BFG can be withdrawn except after waiting up to 180 days, playing with BFG tokens only increases the unlock capacity not speed up the unlock duration, this means there is a withdrawal limit on each unlock period IMO. The betfury team also reminds that the unlock rules can be updated at any time, hope they do it soon.

[tygeade]

I see sports betting is still too new, maybe in the near future, they will add BFG mining there...

the discussion about the signature campaign is very interesting, I'm sure many people will join if betfury holds another signature campaign.

I sure would love to, and to think that they may end up paying with BFG, which you can also farm? That would be something cool to see as well. As far as I know we didn't had that yet, farming is something totally brand new. Also everyone is talking about "mining" it but I think the correct term is farming it, same was the case for many online games back in the day, like you do not "mine" wow gold (well unless you were a miner I suppose), you farmed it. Then it moved to here as well, miner is the guy who uses the machines, farming is the act of getting more of that same token no matter what, it is different from profiting because profiting usually means a dollar related thing.

This is why we should call all these things we are doing with bfg as "farming". You can also check many dex like cake and so forth and they are called farms.

[TimeTeller]

I see sports betting is still too new, maybe in the near future, they will add BFG mining there...

the discussion about the signature campaign is very interesting, I'm sure many people will join if betfury holds another signature campaign.

I sure would love to, and to think that they may end up paying with BFG, which you can also farm? That would be something cool to see as well. As far as I know we didn't had that yet, farming is something totally brand new. Also everyone is talking about "mining" it but I think the correct term is farming it, same was the case for many online games back in the day, like you do not "mine" wow gold (well unless you were a miner I suppose), you farmed it. Then it moved to here as well, miner is the guy who uses the machines, farming is the act of getting more of that same token no matter what, it is different from profiting because profiting usually means a dollar related thing.

This is why we should call all these things we are doing with bfg as "farming". You can also check many dex like cake and so forth and they are called farms.

You can already participate in one of the farms in BSW platform, as they have BFG-BNB pair in their farm.
And I don't think betfury itself will introduce farming on their platform as they already have staking.
And with regards to their signature campaign, they already did run their sig campaign before paid in their BFG tokens.
Don't know if they will hold another batch of sig campaign. It seems they are already doing well for now.

[robelneo]

I didn't find any information BFG can be withdrawn except after waiting up to 180 days, playing with BFG tokens only increases the unlock capacity not speed up the unlock duration, this means there is a withdrawal limit on each unlock period IMO. The betfury team also reminds that the unlock rules can be updated at any time, hope they do it soon.

I don't have locked BFGT tokens in my dashboard I am playing with BFG tokens hoping to increase it and I've been paying since it was tradeable, and so far I have not a single token locked, but it's risky playing with BFG token I loss  around 3000 BFG token but that's how it goes and I should accept it I'm now careful with my BFG token and keep adding more for staking.