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[TopTort777]

Like the Duelbits signature campaign for example, it's already week 120 and recently the Duelbits devs have also increased the number of participants from our fellow forum members.  Probably such campaign signatures are quite effective.  

Or they just want to stay noticed, as the amount of gambling signature campaigns or gambling sites are increasing all the time. Take for example mixer signature campaigns. Mixers are needed, they are demanded, but we dont see a lot of mixer signature campaigns. Probably we have 2-3 and about 2 campaigns that are running for lot of weeks. Demanded, "signatures are effective", yet mixer signature campaigns are rare. Strange, isnt it ?

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[Fredomago]

If you want to discuss how effective signature campaigns are, we need to get signature campaign results first imho. So far we only know how it cost to run a signature campaign for one week. We can only calculate the expenses. But I have seen anyone sharing how much new gamblers signature campaign has attracted, how much they have deposited, wagered, lost, at least what games they play or where they click. We seen only one side of signature campaigns. What if all signature campaigns we have are just a waste of budget? Did you think about that?

Imho Betfury uses different strategy. They prefer to boost the amount of new registrations and etc during their events, than have a stable amount of activity, like Duelbits, Stake, Roobet or Betnomi has for example. Cant blame them for anything. It is their strategy, their vision, their budget.

all casinos have different marketing strategies so this is not only talking about the budget but also their way of marketing, I don't think they stopped the signature campaign it doesn't mean their casino is abandoned by many gamblers in fact I'm sure many active gamblers are still playing in their casino so there are no statistics either about signature campaigns so it's enough for them to know about that

Marketing side of BetFury are the one who's in-charge to what they think is best for the business, I get both your point and it's valid they do have a different point of view or maybe they are just doing some assessment, they will provide update if ever they decided to bring the signature back, only the marketing team can discuss their plans and the good thing is they always provide updates here.

Moving forward, the business still running and those who are playing and investing in this business still proceeding, they are aware that the business is still surviving and moving forward.

[Solosanz]

Marketing side of BetFury are the one who's in-charge to what they think is best for the business, I get both your point and it's valid they do have a different point of view or maybe they are just doing some assessment, they will provide update if ever they decided to bring the signature back, only the marketing team can discuss their plans and the good thing is they always provide updates here.

Rather than focus on signature campaign or marketing strategy, Betfury must clear their name since there's 2 DT members leave negative feedback on their account. This is not good since any users will think they're scammer and don't want to gamble on Betfury.

Betfury doesn't need to scared if they think they're in right side, they can explain briefly on Reputation section and ask for the communities if they're not deserved to get those feedbacks. But if they're don't care with their reputation, it's what it's.

[LUCKMCFLY]

It all depends on the area of interest of the casino so betfury according to history has been around for a while now in this forum and their hard signature campaign some time ago but any time their want to run another one they can easily start up again.

All casino interest on promotion is to cover most of the social media and forum. They just have some priorities based on there marketing budget allocations which sometimes makes them focus on one platform that gives them a positive output. Betfury account is still active here but they don’t want to engage on user discussion which means they are not interested to socialize on Bitcointalk community.

They are become involved on discussion here when there’s a signature campaign or an important issue that involves them.

I think something, if we see the casino from a business point of view, it is not bad that they allocate a lot of funds to marketing, especially here in the forum they have good results, I don't know if they remember it, but when Betfury was in its beginnings they They started with some very strong campaigns here on bitcointalk and on the altcointalks forum, and that was a great success at the time, but why? because they offered good payments in tokens, and when there is a very good reward with tokens and what is promised is great, many will start working with great interest, but I know that many bitcointalk users, when they see that they are tokens that pay very little, at least the most prominent users will not be interested if you don't earn enough.

[dwyane36]

I think something, if we see the casino from a business point of view, it is not bad that they allocate a lot of funds to marketing, especially here in the forum they have good results, I don't know if they remember it, but when Betfury was in its beginnings they They started with some very strong campaigns here on bitcointalk and on the altcointalks forum, and that was a great success at the time, but why?

Yeah, Betfury's first signature campaign was definitely successful. By the way, it's worth noting that Betfury also had other successful cases of promoting its platform. For example, Betfury announced a BTC puzzle in mid-2020, which was solved only six months later. Obviously, this kind of marketing is also a good option to promote the project because the Betfury team only spent 0.5 BTC (~$5k) on the prize, while this puzzle attracted new users to the website for at least half a year.

[Silberman]

If I'm not mistaken, Betfury used utm tags in the links of the last signature campaign. So its marketing team could easily evaluate the results of the signature campaign and make appropriate conclusions about it.
Honestly, lately, I've been more concerned about Betfury's roadmap rather than its marketing team's strategy. The problem is that Betfury stopped updating the roadmap more than six months ago, and now it's the middle of January, but there's still no new roadmap for this year. So we can only guess whether Betfury will somehow develop its platform by adding new features and events or not.

It is possible that like any other person or business related to cryptocurrencies they needed to cut down on their expenses and instead of trying to develop new features it was decided that it was better to simply keep things as they are and just patch critical bugs and wait until things get better, and now since their token has grown in value 38% during the last two months they could update their roadmap and start to develop new features once again.

Did they really have to depend on the price appreciation of their token to keep development ongoing? Not cool and does not predict good for the casino if you ask me.
This is a gambling casino we are talking about here, how about the profits they make from their gambling business, does it mean that that fund can not keep the casino running well?
Having to purse development all the price of the token isn't doing well is one I wouldn't expect, because this would make me want to ask , what about other casinos that doesn't have their own token and, yet have continued to develop their platform ?

It was just a supposition as I do not know what is the reason for the lack of updates on their roadmap which other users have noticed it, and while you are right that such a thing would not be a good sign as there are many other casinos without their own exclusive tokens which are still developing even now, at this point the only ones that know what are the real reasons behind the lack of updates are the owners of betfury and whoever is part of their circle.

[FanEagle]

Did they really have to depend on the price appreciation of their token to keep development ongoing? Not cool and does not predict good for the casino if you ask me.
This is a gambling casino we are talking about here, how about the profits they make from their gambling business, does it mean that that fund can not keep the casino running well?
Having to purse development all the price of the token isn't doing well is one I wouldn't expect, because this would make me want to ask , what about other casinos that doesn't have their own token and, yet have continued to develop their platform ?

It was just a supposition as I do not know what is the reason for the lack of updates on their roadmap which other users have noticed it, and while you are right that such a thing would not be a good sign as there are many other casinos without their own exclusive tokens which are still developing even now, at this point the only ones that know what are the real reasons behind the lack of updates are the owners of betfury and whoever is part of their circle.

I would guess that even if the price being not so high is a trouble for them, they were not trusting the token price to be high to keep the business going, but they probably didn't believe that they could spend money on something that wasn't profitable at the moment neither.

And that is okay, if they do not want to, they do not have to, they as a business could avoid that and it's their right, if your decision for this is to leave and find a place that keeps on developing, or already developed higher, then it's your decision and I can't comment on that too much, whatever you want to do is your own decision. I will come here time to time no matter how much developed it is.

[LUCKMCFLY]

but it would be better if the campaign was continued to build good trust than before. so there is no doubt from the gamblers here.

Run a signature campaign and other promotions in this forum have nothing to do with the casino reputation, any project can create any promotions but it just help for brand awareness and attract people to gamble on their site. 1xbit is an example where they're not having any good reputation and still want to run signature campaign, there's no one can force them to stop because this forum doesn't moderate scam.

1xbit still see this forum as good place to get large number of costumers so even if they have bad feedbacks coming from various people they still choose to run a campaign so that they can till get a exposure here. But since Betfury is somehow what we can look as reputable casino this campaign can help them since this could extend their exposure and as well many gambler might get redirect to their thread to create some good discussions about them.

I see the sign campaigns as an excellent option for casinos to have more legitimate traffic, we know that there are players here who play quite hard with high bets and this is something that gives a casino quite a few privileges, because these strong bettors make The casino continues to level up, of course not only because of the high rollers, there are some players who do not have a lot of money but who like to play, try their luck, make some deposits once in a while to enjoy a casino, participate in bonuses, and the signature campaigns in the best forum in the world (which for me is bitcointalk) gives much more legacies to any company.

[Fredomago]

but it would be better if the campaign was continued to build good trust than before. so there is no doubt from the gamblers here.

Run a signature campaign and other promotions in this forum have nothing to do with the casino reputation, any project can create any promotions but it just help for brand awareness and attract people to gamble on their site. 1xbit is an example where they're not having any good reputation and still want to run signature campaign, there's no one can force them to stop because this forum doesn't moderate scam.

1xbit still see this forum as good place to get large number of costumers so even if they have bad feedbacks coming from various people they still choose to run a campaign so that they can till get a exposure here. But since Betfury is somehow what we can look as reputable casino this campaign can help them since this could extend their exposure and as well many gambler might get redirect to their thread to create some good discussions about them.

I see the sign campaigns as an excellent option for casinos to have more legitimate traffic, we know that there are players here who play quite hard with high bets and this is something that gives a casino quite a few privileges, because these strong bettors make The casino continues to level up, of course not only because of the high rollers, there are some players who do not have a lot of money but who like to play, try their luck, make some deposits once in a while to enjoy a casino, participate in bonuses, and the signature campaigns in the best forum in the world (which for me is bitcointalk) gives much more legacies to any company.

The value of having signature campaign is indeed have good impact to the business, but it is always depends from how the marketing team see the aftereffect of this advertisement, they are still the final assessors whether to continue or they need to stop and find a new way to attract gamblers to use the platform/services.

Your point is valid. There are gamblers around the forum who noticed the casino if they have signature campaign, gamblers who occasionally play, and also some who really engage with gambling that can be converted as loyal client.

[el kaka22]

I would guess that even if the price being not so high is a trouble for them, they were not trusting the token price to be high to keep the business going, but they probably didn't believe that they could spend money on something that wasn't profitable at the moment neither.

And that is okay, if they do not want to, they do not have to, they as a business could avoid that and it's their right, if your decision for this is to leave and find a place that keeps on developing, or already developed higher, then it's your decision and I can't comment on that too much, whatever you want to do is your own decision. I will come here time to time no matter how much developed it is.

That's true, if you are a casino with a token that means the token means something for your business overall. It may not be the only one, if some whale comes in tomorrow and wagers 100 bitcoins away, that means they just made 20 million dollars in a single day because the whale gambled it and lost it.

However, what are the odds of that? So, it's better to have a sustainable way of making money which would be having the token at a higher price, not because they would sell, but they would make more money as well instead of just the customers. This is why it's crucial for the bull market to come back, to keep this company alive, hell we see bankrupting companies like collapse of ftx during bear period, so bull is needed for ALL crypto related companies.

[dimonstration]

I would guess that even if the price being not so high is a trouble for them, they were not trusting the token price to be high to keep the business going, but they probably didn't believe that they could spend money on something that wasn't profitable at the moment neither.

And that is okay, if they do not want to, they do not have to, they as a business could avoid that and it's their right, if your decision for this is to leave and find a place that keeps on developing, or already developed higher, then it's your decision and I can't comment on that too much, whatever you want to do is your own decision. I will come here time to time no matter how much developed it is.

That's true, if you are a casino with a token that means the token means something for your business overall. It may not be the only one, if some whale comes in tomorrow and wagers 100 bitcoins away, that means they just made 20 million dollars in a single day because the whale gambled it and lost it.

However, what are the odds of that? So, it's better to have a sustainable way of making money which would be having the token at a higher price, not because they would sell, but they would make more money as well instead of just the customers. This is why it's crucial for the bull market to come back, to keep this company alive, hell we see bankrupting companies like collapse of ftx during bear period, so bull is needed for ALL crypto related companies.

In Betfury case. They are using the BFG tokens for there marketing expenses which cause the price of there native token slip continuously. They are sacrificing the token value for now to promote the casino since it will be the one who will contribute a stable profit rather than prioritize on making there token price higher because we all know that it’s just a temporary profit compared when Betfury casino is having a stable good income coming from the customers that they attract through promotion using token.

Betfury is now one of the biggest web3 casino available in the market that generates huge income. I think there early sacrifices for there token is now giving a good effect because they can do now token burn to slowly built the price up.

[delfastTions]

In Betfury case. They are using the BFG tokens for there marketing expenses which cause the price of there native token slip continuously. They are sacrificing the token value for now to promote the casino since it will be the one who will contribute a stable profit rather than prioritize on making there token price higher because we all know that it’s just a temporary profit compared when Betfury casino is having a stable good income coming from the customers that they attract through promotion using token.

Betfury is now one of the biggest web3 casino available in the market that generates huge income. I think there early sacrifices for there token is now giving a good effect because they can do now token burn to slowly built the price up.

I think that such tokens as the main BFG token issued by Betfury will, of course, also grow in price when a bullish period occurs in the entire cryptocurrency market. 
But, I already see that the maximum increase in the exchange rate is now mainly in bitcoin and ethereum.  In sum, these two assets still make up about 60% of the total cryptocurrency market capitalization.  This means that some of the tokens will inevitably grow in price not as quickly and actively as the above two main coins.  And here I think that BFG will also not have such a rapid, strong increase in its price, but still it will grow in price gradually.  In this regard, it would probably be a smart decision to temporarily move your BFG assets to top cryptocurrencies, but temporarily.  And then buy BFG, before the period of stabilization of the current state of the market.  I think it would be logical. 
No, I don't know, maybe the Betfury devs will come up with something good that can drastically increase the price of BFG.  Then such a strategy, of course, will not work.  These are also possible.

[Erumo]

Either betfury create another usecase for the BFG tokens or figure out new bonuses, or their token will never gain popularity or demand. Who would buy to get dividends when staking other altcoins gives more profit for holders. Id better stack DEX altcoins, then bother obtaining BFG.

What was BFG ATH? A bit more than 3 cents. And that was not even during week when ATH got new ATH and pulled every other altcoin price. What was BFG doing when BTC got new ATH? Loosing its value. Imho when (or if) BTC get a new ATH, we wont see a huge change in BFG price.

Betfury said their goal is to get to #100. The best they did is to enter 3k range. Since appearance, all BFG was doing is loosing its value. Imho platform is more focused on earning from gambling, then on their own token. That is why we are not going to see price increase.

[logfiles]

Either betfury create another usecase for the BFG tokens or figure out new bonuses, or their token will never gain popularity or demand. Who would buy to get dividends when staking other altcoins gives more profit for holders. Id better stack DEX altcoins, then bother obtaining BFG.

What was BFG ATH? A bit more than 3 cents. And that was not even during week when ATH got new ATH and pulled every other altcoin price. What was BFG doing when BTC got new ATH? Loosing its value. Imho when (or if) BTC get a new ATH, we wont see a huge change in BFG price.

Betfury said their goal is to get to #100. The best they did is to enter 3k range. Since appearance, all BFG was doing is loosing its value. Imho platform is more focused on earning from gambling, then on their own token. That is why we are not going to see price increase.

This pretty much happens to any other token out there, and not just BFG. You can't control demand. people rush to buy and hold tokens they feel they will profit from in the short run. People FOMO due to hype

If the token has no hype, however good it is, it will stay down. Bitcoin is revolutionary, you can't compare it to BFG.

[Coin_trader]

Either betfury create another usecase for the BFG tokens or figure out new bonuses, or their token will never gain popularity or demand. Who would buy to get dividends when staking other altcoins gives more profit for holders. Id better stack DEX altcoins, then bother obtaining BFG.

What was BFG ATH? A bit more than 3 cents. And that was not even during week when ATH got new ATH and pulled every other altcoin price. What was BFG doing when BTC got new ATH? Loosing its value. Imho when (or if) BTC get a new ATH, we wont see a huge change in BFG price.

Betfury said their goal is to get to #100. The best they did is to enter 3k range. Since appearance, all BFG was doing is loosing its value. Imho platform is more focused on earning from gambling, then on their own token. That is why we are not going to see price increase.

The design of casino utility is for long term because it’s highly dependent on the casino  profit to boost the price from the token burn mechanism and buy back. BFG tokens is used for casino rewards, marketing and team token since they are startup casino. Don’t expect that this token will pump like typical altcoins since the token supply vesting is not yet finished IIRC.

Real price of BFG will be determined once sell pressure coming from those I mention above already stop and the team is consistently boosting the price using the casino profit. Investing right now is the best opportunity before those consistent big buy backs occur since Betfury is already an established casino.

[LUCKMCFLY]

well that's what I mean. maybe not reputation but rather just oblivion and if any new gambler jumps into this forum looking for online casinos it will definitely be quicker to see casinos that still have signature campaigns. because usually new gamblers who have just joined this forum are looking for a good online casino, they don't know about the gambling board and sometimes they only see the signatures of forum members.

but back to the main topic, I hope that Betfury will still run its signature campaign, even if it only selects a small number of forum members so that it will still be seen or not forgotten.

They can allocate from the promotion funds to run new signature campaigns to increase their promotion in the forum, you may be right about the statement above that everyone will see the signature code of each account to be added to the list of gambling platforms, so apart from increasing traffic to gambling websites but also increase the trust of gamblers, signature promotions are very effective to support the increase of new users, increase the reputation of the casino and casino revenue will further increase.

Well, a while ago when some casinos were starting up, I recommended that signature campaigns were something that is very good, whatever is in favor of marketing that pays for itself over time, at that time I received no criticism, and they tried to make fun of it, but in itself I don't care, because I know that they lack sense and they still don't have a very good financial culture and obviously they don't have a business development thought, therefore the business model is obviously a success with signature campaigns, If not, let's look at stake.com, bitcasino.io, duelbits, rollbit, roobet, and many more companies that I would not be able to name them all, then a simple logic, nobody is going to give away money, they know that if a signature campaign is executed it will bring clients, traffic and good players, I hope Betfury sees this, they need this, and they themselves know that from the beginning they hooked everyone because they invested in marketing campaigns.

I would guess that even if the price being not so high is a trouble for them, they were not trusting the token price to be high to keep the business going, but they probably didn't believe that they could spend money on something that wasn't profitable at the moment neither.

And that is okay, if they do not want to, they do not have to, they as a business could avoid that and it's their right, if your decision for this is to leave and find a place that keeps on developing, or already developed higher, then it's your decision and I can't comment on that too much, whatever you want to do is your own decision. I will come here time to time no matter how much developed it is.

That's true, if you are a casino with a token that means the token means something for your business overall. It may not be the only one, if some whale comes in tomorrow and wagers 100 bitcoins away, that means they just made 20 million dollars in a single day because the whale gambled it and lost it.

However, what are the odds of that? So, it's better to have a sustainable way of making money which would be having the token at a higher price, not because they would sell, but they would make more money as well instead of just the customers. This is why it's crucial for the bull market to come back, to keep this company alive, hell we see bankrupting companies like collapse of ftx during bear period, so bull is needed for ALL crypto related companies.

In Betfury case. They are using the BFG tokens for there marketing expenses which cause the price of there native token slip continuously. They are sacrificing the token value for now to promote the casino since it will be the one who will contribute a stable profit rather than prioritize on making there token price higher because we all know that it’s just a temporary profit compared when Betfury casino is having a stable good income coming from the customers that they attract through promotion using token.

Betfury is now one of the biggest web3 casino available in the market that generates huge income. I think there early sacrifices for there token is now giving a good effect because they can do now token burn to slowly built the price up.

It would be good if they could increase the price of the topken, because basically when an investor wants to see the potential of the token and doesn't see that it can have a sustained surge, they simply won't be interested, I think Betfury should appeal because their token has more interesting, I don't know, let them start as they did in the beginning, make campaigns where they offer their tokens, maybe they can make their own internal forum where they give rewards in the token for posting in their forum, these things could help a lot to raise the price, but I don't know how the marketing executive thinks, maybe they are studying this type of option.

[dwyane36]

The design of casino utility is for long term because it’s highly dependent on the casino  profit to boost the price from the token burn mechanism and buy back. BFG tokens is used for casino rewards, marketing and team token since they are startup casino. Don’t expect that this token will pump like typical altcoins since the token supply vesting is not yet finished IIRC.

Real price of BFG will be determined once sell pressure coming from those I mention above already stop and the team is consistently boosting the price using the casino profit. Investing right now is the best opportunity before those consistent big buy backs occur since Betfury is already an established casino.

If nothing changes, it will take a very long time for Betfury's burning mechanism to have any effect on the BFG price. Let me remind you that Betfury has already burned 1.6 billion BFG tokens. That's quite a lot because it is almost 33% of the total supply, but there is no effect yet.
However, maybe you are right that BFG is a long-term investment, but I think many people prefer to prefer short-term investments and more volatile crypto assets.

[Fredomago]

The design of casino utility is for long term because it’s highly dependent on the casino  profit to boost the price from the token burn mechanism and buy back. BFG tokens is used for casino rewards, marketing and team token since they are startup casino. Don’t expect that this token will pump like typical altcoins since the token supply vesting is not yet finished IIRC.

Real price of BFG will be determined once sell pressure coming from those I mention above already stop and the team is consistently boosting the price using the casino profit. Investing right now is the best opportunity before those consistent big buy backs occur since Betfury is already an established casino.

If nothing changes, it will take a very long time for Betfury's burning mechanism to have any effect on the BFG price. Let me remind you that Betfury has already burned 1.6 billion BFG tokens. That's quite a lot because it is almost 33% of the total supply, but there is no effect yet.
However, maybe you are right that BFG is a long-term investment, but I think many people prefer to prefer short-term investments and more volatile crypto assets.

I see your point regarding to those who wanted to have a quick returned of investment, we can't deny that fact that each time there's a opportunity to sell in a decent value, traders will choose to do that than to wait for another pump, especially with how the market is moving, BetFury believers might be able to hold for some time while those who invest with the intention of quick benefits, they will sell each time increase will take place.

There's always differences with how supporters and traders treats their invesment, tough call if you are holding your assets, pressures from both bull and bear can take place.

[babygun]

If nothing changes, it will take a very long time for Betfury's burning mechanism to have any effect on the BFG price. Let me remind you that Betfury has already burned 1.6 billion BFG tokens. That's quite a lot because it is almost 33% of the total supply, but there is no effect yet.
However, maybe you are right that BFG is a long-term investment, but I think many people prefer to prefer short-term investments and more volatile crypto assets.

That's not 100% correct. The burning mechanism has not a big impact on the price but it does has a nice impact on the daily dividends you get. Every time, after the burning, your daily dividends are a lot higher but that effect only lasts a couple of days also. At a certain moment, all tokens will be mined and if they keep doing the montly burnings, than it should have more impact on the price I think.

[o48o]

-cut-
Betfury said their goal is to get to #100. The best they did is to enter 3k range. Since appearance, all BFG was doing is loosing its value. Imho platform is more focused on earning from gambling, then on their own token. That is why we are not going to see price increase.

Wait when and where they said this? It's illegal for the devs to speculate with the token price not to mention promise gains for that token price. And if they were talking about marketcap, that's what they were doing as you can count the token price if you have a target marketcap. I really am hoping this was some rogue chat admins and not one of the main team.