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Author Topic: 🎲BetFury.io| 🔥Sign up on BetFury | 🤑Get Welcome Bonus up to 590% + 225 FS  (Read 77024 times)
Fredomago
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June 24, 2022, 12:06:29 PM
 #4721

I don't fully agree, I think their monthly burning is quite effective as everytime they do it, the daily staking rewards go up and sometimes quite significantly. The total amount of BFG that can be mined is also limited.
The BFG token also helps to increase your vip rank, you can stake or farm it, so there some options with it and maybe more will come in the near future.

More precisely this program will be effective for the long term the concept is still same total supply will affect the price
The logic is that the more people play at Betfury the more BFG are mined let's just say 50% of mined tokens will be traded
Well of course this action can reduce the price of BFG so just wait until this mining process ends  Cheesy

The cycle continues and the longer you take your stake, the better in the future. As long as the progress is happening and the business is still alive, there's no problem with the current setup. But everything depends on how the traders and investors understand the process. The investment side is like a passive way of generating profits while holding and waiting for the value to rise up.

..Stake.com..   ▄████████████████████████████████████▄
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 24, 2022, 02:40:29 PM
 #4722

This kind of concept gives investors who knows how to place their investment in time will generate more money, buy low and stake concept that will let you generate more coins while waiting for the value to rise back, there are always opportunities if you know how things works accordingly, more on how you trust your instinct and how you see the potential success, BetFury is a business and the circulation of the token will continue to live, unless breakout from the team take place but so far they are showing good and strong management of their project/business.
Yeah, I am doing something similar with you guys and right now staking cake for example, if you stake during the low period, you should be making a lot more money, most people leave, which leaves you a bigger return, at least compared to bull period and that is the great thing about BFG right now as well.

It just means that if you give your all, then you would be making a good return from the staking part of the deal and you will be able to say that the price going up will even make it better. Do not do this just with BFG or Cake though, just check what you are doing and you should be fine. Plus, staking on another platform is worse when you consider dividends here could be volatile but make you richer if someone loses a huge sum.

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June 24, 2022, 02:51:29 PM
 #4723


The cycle continues and the longer you take your stake, the better in the future. As long as the progress is happening and the business is still alive, there's no problem with the current setup. But everything depends on how the traders and investors understand the process. The investment side is like a passive way of generating profits while holding and waiting for the value to rise up.

If you stop playing, in the end your daily dividend will always drop as the amount of BFG tokens that gets mined increases every day. In order to maintain your dividend, it is important to keep playing so you keep increasing your total amount of BFG tokens.



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June 24, 2022, 03:21:03 PM
 #4724

I don't fully agree, I think their monthly burning is quite effective as everytime they do it, the daily staking rewards go up and sometimes quite significantly. The total amount of BFG that can be mined is also limited.
The BFG token also helps to increase your vip rank, you can stake or farm it, so there some options with it and maybe more will come in the near future.

More precisely this program will be effective for the long term the concept is still same total supply will affect the price
The logic is that the more people play at Betfury the more BFG are mined let's just say 50% of mined tokens will be traded
Well of course this action can reduce the price of BFG so just wait until this mining process ends  Cheesy

The cycle continues and the longer you take your stake, the better in the future. As long as the progress is happening and the business is still alive, there's no problem with the current setup. But everything depends on how the traders and investors understand the process. The investment side is like a passive way of generating profits while holding and waiting for the value to rise up.

Yes I speak from the side of the gamblers they definitely keep collecting new BGF while actively playing
But I'm not sure they will keep the BFG or put it in the staking program they must have sold it or used it for gambling
I am a gambler myself so I understand how they use assets/money  Smiley

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June 25, 2022, 08:36:20 AM
 #4725

The cycle continues and the longer you take your stake, the better in the future. As long as the progress is happening and the business is still alive, there's no problem with the current setup. But everything depends on how the traders and investors understand the process. The investment side is like a passive way of generating profits while holding and waiting for the value to rise up.
I would guess that after you buy as much as you can, and then start staking it, rest of the situation is at the hands of the market. If everyone leaves and only a few people remains, it will be worth very little but you will make a lot more profit since you are one of the few that remains doing it.

If one day everyone comes back, the return for staking will drop, but the value of the token will skyrocket. So, best case scenario for everyone right now is getting in, hoping that everyone leaves, be worth little, stake a lot, then everyone slowly comes back, and price of it increases a lot when you staked enough. This is why everyone gotta start now in order to maximize the profit.

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babygun
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June 25, 2022, 09:56:12 AM
 #4726


The dividend is too small for it to notice if ypunare just a normal player that doing a minimum bet per round. The risk of losing money in the process of farming bet to earn dividend is too high for me. I’d rather stake my BFG and just DCA BFG tokens using my own money to increase my BFG holdings rather than risk on betting with just a small rakeback and dividend. I believe whales are the one who will benefit the most for that feature but I doubt shrimp player like me can earn a decent amount there.

Been playing on Betfury many times and betting 0.1$ per bet but still don't accumulate more than 10$ for my total session in casino with an average 2hrs per day gameplay.

Everybody has his own strategy but even with a relative low amount of BFG tokens, your daily dividend is not so bad in my eyes. Currently I have around 3750 BFG tokens and I earn around 0.12$ (with the current crypto prizes) a day. It will not make me rich, but even small amounts add up and if the crypto prizes go up again, these dividends will also be worth a lot more. What you also can do, is just play with your dividends to keep increasing your amount of BFG tokens. In this way, you don't always need to bring in fresh capital to keep playing.



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dwyane36
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June 26, 2022, 06:57:41 PM
 #4727

Everybody has his own strategy but even with a relative low amount of BFG tokens, your daily dividend is not so bad in my eyes. Currently I have around 3750 BFG tokens and I earn around 0.12$ (with the current crypto prizes) a day. It will not make me rich, but even small amounts add up and if the crypto prizes go up again, these dividends will also be worth a lot more. What you also can do, is just play with your dividends to keep increasing your amount of BFG tokens. In this way, you don't always need to bring in fresh capital to keep playing.

Of course, using daily dividends to mine BFG tokens is the right decision. However, if your dividends are small, BFG tokens will increase insignificantly because the minimum bet must be more than 1 cent. In your case, that means you can only make 12 bets per day to mine BFG tokens. Obviously, this number of attempts is not enough. So how many days do you accumulate these daily dividends before BFG mining, or do you use any other strategies?

.
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June 26, 2022, 08:04:58 PM
 #4728


The dividend is too small for it to notice if ypunare just a normal player that doing a minimum bet per round. The risk of losing money in the process of farming bet to earn dividend is too high for me. I’d rather stake my BFG and just DCA BFG tokens using my own money to increase my BFG holdings rather than risk on betting with just a small rakeback and dividend. I believe whales are the one who will benefit the most for that feature but I doubt shrimp player like me can earn a decent amount there.

Been playing on Betfury many times and betting 0.1$ per bet but still don't accumulate more than 10$ for my total session in casino with an average 2hrs per day gameplay.

Everybody has his own strategy but even with a relative low amount of BFG tokens, your daily dividend is not so bad in my eyes. Currently I have around 3750 BFG tokens and I earn around 0.12$ (with the current crypto prizes) a day. It will not make me rich, but even small amounts add up and if the crypto prizes go up again, these dividends will also be worth a lot more. What you also can do, is just play with your dividends to keep increasing your amount of BFG tokens. In this way, you don't always need to bring in fresh capital to keep playing.

You also need to have a good control with your bankroll, the dividends is good while you are playing and receiving it but a careless move can burned your entire investment, it's always better to have your own strategy that fits with the way you aimed from this asset, if you are just with the gambling side and you feel that betfury gives you the entertainment then you are good to go, but if you are a type of gamblers/traders who aimed for passive profits, there's always a good way that this project continue to bring.

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babygun
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June 26, 2022, 10:34:10 PM
 #4729

Everybody has his own strategy but even with a relative low amount of BFG tokens, your daily dividend is not so bad in my eyes. Currently I have around 3750 BFG tokens and I earn around 0.12$ (with the current crypto prizes) a day. It will not make me rich, but even small amounts add up and if the crypto prizes go up again, these dividends will also be worth a lot more. What you also can do, is just play with your dividends to keep increasing your amount of BFG tokens. In this way, you don't always need to bring in fresh capital to keep playing.

Of course, using daily dividends to mine BFG tokens is the right decision. However, if your dividends are small, BFG tokens will increase insignificantly because the minimum bet must be more than 1 cent. In your case, that means you can only make 12 bets per day to mine BFG tokens. Obviously, this number of attempts is not enough. So how many days do you accumulate these daily dividends before BFG mining, or do you use any other strategies?

I don't play every day, so most of the times I accumulate my dividends for 3-4 days. I always play Dice or Mines or Keno on low risk just to mine the tokens. I agree it goes slowly, but I don't mind it and in the end it also adds up. When there is a mining boost, I always play more also.



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barbara44
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June 28, 2022, 04:25:55 PM
 #4730

The cycle continues and the longer you take your stake, the better in the future. As long as the progress is happening and the business is still alive, there's no problem with the current setup. But everything depends on how the traders and investors understand the process. The investment side is like a passive way of generating profits while holding and waiting for the value to rise up.
I would guess that after you buy as much as you can, and then start staking it, rest of the situation is at the hands of the market. If everyone leaves and only a few people remains, it will be worth very little but you will make a lot more profit since you are one of the few that remains doing it.

If one day everyone comes back, the return for staking will drop, but the value of the token will skyrocket. So, best case scenario for everyone right now is getting in, hoping that everyone leaves, be worth little, stake a lot, then everyone slowly comes back, and price of it increases a lot when you staked enough. This is why everyone gotta start now in order to maximize the profit.
This is a good approach, leaving everything else to the market and not feeling any anxiety because it’s nothing to do with you. You could buy BFG, put it on stake, and then leave and not care about anything else after that. It’s true that the chance that BFG goes to zero is not 0%, it "could" happen but we feel it's unlikely and won't happen.

It means, the price going up or down is out of our reach and something we can't change, so why feel anxiety about it? This is why I personally believe that the best thing we could do is exactly what you say, just get in, stake, get the dividends, and then wait for it to go up, absolutely perfect investment method, can't see any downside.
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June 29, 2022, 06:22:41 AM
 #4731

The cycle continues and the longer you take your stake, the better in the future. As long as the progress is happening and the business is still alive, there's no problem with the current setup. But everything depends on how the traders and investors understand the process. The investment side is like a passive way of generating profits while holding and waiting for the value to rise up.
I would guess that after you buy as much as you can, and then start staking it, rest of the situation is at the hands of the market. If everyone leaves and only a few people remains, it will be worth very little but you will make a lot more profit since you are one of the few that remains doing it.

If one day everyone comes back, the return for staking will drop, but the value of the token will skyrocket. So, best case scenario for everyone right now is getting in, hoping that everyone leaves, be worth little, stake a lot, then everyone slowly comes back, and price of it increases a lot when you staked enough. This is why everyone gotta start now in order to maximize the profit.
This is a good approach, leaving everything else to the market and not feeling any anxiety because it’s nothing to do with you. You could buy BFG, put it on stake, and then leave and not care about anything else after that. It’s true that the chance that BFG goes to zero is not 0%, it "could" happen but we feel it's unlikely and won't happen.

It means, the price going up or down is out of our reach and something we can't change, so why feel anxiety about it? This is why I personally believe that the best thing we could do is exactly what you say, just get in, stake, get the dividends, and then wait for it to go up, absolutely perfect investment method, can't see any downside.
Even despite forecasts about the stagnation of the entire cryptocurrency market and even forecasts about the bitcoin rate in the $10K region, it is still at $20K.  And it actually gives hope that we have already reached the bottom.  And then it remains only to wait for the bull market and all cryptocurrencies will start growing in price together.  Therefore, investing in BFG also makes sense.  In addition, I think that the increase in the price of BFG in a bull market may well exceed the average increase in the prices of all altcoins.  Because it is a "working" token, and not just candy wrappers. Smiley

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June 29, 2022, 06:37:44 AM
 #4732

Of course, using daily dividends to mine BFG tokens is the right decision. However, if your dividends are small, BFG tokens will increase insignificantly because the minimum bet must be more than 1 cent. In your case, that means you can only make 12 bets per day to mine BFG tokens. Obviously, this number of attempts is not enough. So how many days do you accumulate these daily dividends before BFG mining, or do you use any other strategies?
I don't play every day, so most of the times I accumulate my dividends for 3-4 days. I always play Dice or Mines or Keno on low risk just to mine the tokens. I agree it goes slowly, but I don't mind it and in the end it also adds up. When there is a mining boost, I always play more also.
It is a smart move to accumulate your dividends and then play with them. I mean there are a lot of people who gamble with the money they deposited and thank god for them, without them we wouldn't have betfury and we wouldn't have any dividends and that is why I thank them a lot.

But what you do is also a very cool thing, because it allows people to actually have a situation where it is not that weird, it's totally a good way to approach gambling since you "technically" do not lose any money. Obviously you could take that investment and reinvest, or cash out, and you do not do that and instead you gamble it away, so it's a bit of losing, but at least you earn it from here and give it back and that's quite good.

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June 29, 2022, 07:05:45 AM
 #4733


It is a smart move to accumulate your dividends and then play with them. I mean there are a lot of people who gamble with the money they deposited and thank god for them, without them we wouldn't have betfury and we wouldn't have any dividends and that is why I thank them a lot.

But what you do is also a very cool thing, because it allows people to actually have a situation where it is not that weird, it's totally a good way to approach gambling since you "technically" do not lose any money. Obviously you could take that investment and reinvest, or cash out, and you do not do that and instead you gamble it away, so it's a bit of losing, but at least you earn it from here and give it back and that's quite good.

I am a small gambler so I don't mind playing with bets of 0.01$ and was lucky enough to grab a nice amount of BFG tokens thanks to the Bounty campaign they ran almost 2 years ago. As you say, I don't really mind loosing my balance as I always get more BFG tokens also.



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June 29, 2022, 12:43:54 PM
 #4734

The cycle continues and the longer you take your stake, the better in the future. As long as the progress is happening and the business is still alive, there's no problem with the current setup. But everything depends on how the traders and investors understand the process. The investment side is like a passive way of generating profits while holding and waiting for the value to rise up.
I would guess that after you buy as much as you can, and then start staking it, rest of the situation is at the hands of the market. If everyone leaves and only a few people remains, it will be worth very little but you will make a lot more profit since you are one of the few that remains doing it.

If one day everyone comes back, the return for staking will drop, but the value of the token will skyrocket. So, best case scenario for everyone right now is getting in, hoping that everyone leaves, be worth little, stake a lot, then everyone slowly comes back, and price of it increases a lot when you staked enough. This is why everyone gotta start now in order to maximize the profit.
This is a good approach, leaving everything else to the market and not feeling any anxiety because it’s nothing to do with you. You could buy BFG, put it on stake, and then leave and not care about anything else after that. It’s true that the chance that BFG goes to zero is not 0%, it "could" happen but we feel it's unlikely and won't happen.

It means, the price going up or down is out of our reach and something we can't change, so why feel anxiety about it? This is why I personally believe that the best thing we could do is exactly what you say, just get in, stake, get the dividends, and then wait for it to go up, absolutely perfect investment method, can't see any downside.

Something that only the success of the team can dictate the future profitable potential of this coin, staking or using it for your everyday gambling to earn some additional coins, it's up to you as long as you treat this investment as passive and you are not really being affected of the current crypto movement. Long-term wise, if you have good control over your emotion from both gambling and trading, you will have good chances of success.

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June 29, 2022, 09:50:01 PM
 #4735

BFG tokens farming  is still available on Biswap and also stopping the farm doesn’t make sure that the token price will pump because it just limit the supply increase but the buy pressure will still the same unless Betfury increase there token burn mechanism and add additional feature of BFG that will forced user to use it in gambling so that Betfury players will buy more tokens instead of using different currency to play.

It seems that BFG farming on the Betfury site is not very popular, considering that users have staked only 106 mln BFG tokens on that smart contract. I mean, it's a very small number of BFG tokens compared to the total supply. So you're probably right, and it's unlikely that the end of BFG farming will somehow affect the price of the BFG token. At the same time, I think the Betfury team is making the right decisions in trying to find ways to increase the value of the BFG token.

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June 30, 2022, 02:00:57 AM
 #4736

<snip>
I think that the IP to which they refer is to the public, but not to the specific one that generates each device that connects, but this is something very dfícile to control, we all know that a simple phone can use a VPN and cell phones The public IP can be changed every time that you want, just with rebirth, with putting a different public IP in plane mode, and that more the VPN is almost impossible, I think that in the future it will arrive That all casinos have to accept the players who use VPN, but they will run out of no one if they prohibit countries, or that prohibit IPS, the solution is that they have more security, investing in security is to arm themselves with unpleasant problems and unexpected attacks .

As far as I know, most casino prohibits the use of VPN to lessen the abuse of their promotion and bonuses. It also helps on not accepting clients that came from regions in which the service should be not accessible (banned/blocked).
I don't see any future which all casino will let users use VPN and have no issues with it. "Investing in security" means they need to find developers who are experienced with cyber security.

They need that in order to protect their business, using VPN if not being caught can still proceed but once the problem take place the players/gamblers who use it will suffer, the chance that the account will be suspended or worse will be block and they won't be able to withdraw their money.

And also, in terms of cyber security, they need to have someone or a team who will focus on protecting the sites from potential hackers.

It's part of investment that the business needs to have to assure gamblers that they are safe using the platform.

I usually use VPN when browsing because that's my default setup when browsing the web. I rarely claim any bonuses on any casino so I usually don't worry about me getting caught by there cyber security. I've been using VPN for many years and so far I don't encounter any issue for my account. Some of the casino directly prohibit it but there is some extension to rule especially if you are just using it for browsing privacy and not by abusing bonus of the casino.

Yeah right, there are casino sites that really strict in regard to using VPN while some might not be like that, the main concern is when you are using the platform and you win a huge amount, they can freeze your account and not to allow you to withdraw your fund, that the big risk that all gambles doesn't want to experienced.

If you are only using your VPN in browsing and you are not that abuser, then probably there's no problem that will be at stake.

You can continue your practice, it's also for your security while online.

There are several threads here in gambling that are addressing what VPNs are and how to enter a casino that accepts the use of this or not, however apart from the fact that this already represents a problem there are casinos that do accept VPNs, but as I have said in those gambling threads, there will come a time when there will be no prohibition of countries, therefore, the use of VPN will no longer be such a priority for some inhabitants of prohibited countries, because finally the world must accept that the BTC market and crypto is very profitable and that money is managed, you cannot prohibit people from making money or having fun, for me the biggest problem will be that people will want to have more privacy and anonymity. This is where it comes into direct conflict with KYC, which for me, those casinos that do not require KYC will be highly sought after.

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June 30, 2022, 04:36:59 AM
 #4737

-snip- but the VPN itself is not bad since it’s just hide the IP of the user if he is just using it to change his IP for privacy purposes.

Yes people are free to do what they want to there money and sometimes this is the main reason why they are still registering in online casino despite there country prohibits it.
Sometimes the use of a VPN is not only to change the actual IP address because of privacy but because the ISP of the user blocks access to the gambling website even though the ToS of casino the user's country is not included in the restricted country list, but because the casino is his favorite place to play so users will use a VPN to be able to access and play at the casino. Agree that using a VPN is not a bad thing even though it is often associated with bad things such as bonuses abuse, etc

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June 30, 2022, 05:38:51 AM
 #4738

Betfury games platform was one of the gambling I'd like to play with. The good thing about this gaming platform is that as long as you have a Bitcoin balance in Betfury.io's wallet, you can earn other coins supported by BFG as if your BFG account automatically mines other crypto without other gambling games. like this, I just don't know now if the concept of their policy is still the same and nothing has changed.


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June 30, 2022, 08:49:34 AM
 #4739


It seems that BFG farming on the Betfury site is not very popular, considering that users have staked only 106 mln BFG tokens on that smart contract. I mean, it's a very small number of BFG tokens compared to the total supply. So you're probably right, and it's unlikely that the end of BFG farming will somehow affect the price of the BFG token. At the same time, I think the Betfury team is making the right decisions in trying to find ways to increase the value of the BFG token.

It seems a little bit strange to me that the farming was not so popular as it is/was quite interesting in fact and the %APY was also quite high. Too bad that they will probably not renew it as it was an easy method to gather some more BFG tokens. But as you mention, the impact on the price will be limited.





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June 30, 2022, 09:05:43 AM
 #4740

Betfury games platform was one of the gambling I'd like to play with. The good thing about this gaming platform is that as long as you have a Bitcoin balance in Betfury.io's wallet, you can earn other coins supported by BFG as if your BFG account automatically mines other crypto without other gambling games. like this, I just don't know now if the concept of their policy is still the same and nothing has changed.

I believe this feature will be obsolete already since they are removing the farm feature of the casino after 2 weeks as already pointed out by many users above. I have balance there but the passive tokens that I get everyday is almost negligible since the percentage of drop is very low and also there’s a duration date on when you can claim the reward amount which is annoying. You need to login and claim it daily even though it’s value is not worthy of the time that’s why I stop claiming it but rather just wager few bets on dice to increase my rakeback.

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