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[Fredomago]

More on how good you are in taking the risk, if you do believe that there's still an opportunity so why not buying and staking your coin, with that good amount of staking rewards, you may earn decently if the value will also be pump when bull run happen inside the market, whatever it takes as long as you have that trust or the willingness to take that risk you might take some or if luck permits maybe decent amount of profits from this asset.

But he better be careful if he wants to buy the token because we all don't know when the gambling tokens can go up again. But staking the token is still an attractive option because at least they can get a decent return which can be sold at a high price when the altcoin market rises following the bitcoin market. The important thing is they can use what money they can afford if they still want to buy the token so that they don't sacrifice a lot of money if something happens.

It's important to use money that you are willing to let go, you are investing with a casino token which offering staking rewards, for now there's no other usages and investors are just hoping that the upcoming bull will help to increase the current value of the token so aside from that actual numbers of your invested coins those staking rewards will be adding up and possibly to add with your earnings.

Always do proper decision upon holding since not every coin is good to hold since we also need to look up on how they perform for the past few months. If they are not showing any good result for long time then provably the investors or supporters are already done with it and the project is just waiting for new investors to come  since they are not gaining to much attraction to its old holders. I guess for long term holding better choose reputable alts since its so risky to choose low volume tokens or coins since most of them flop and its so rare to see some of them pump a thousand folds.

That is why this one is having a little bit of trouble as well. When you do not see it do well, you end up selling, when you sell the price doesn't go up, when it doesn't go up others see it not doing well, and later on they sell as well. This keeps going on for a long time and causes a little bit of a stagnant and dropping price to this token overall.

There needs to be people who trust it no matter what's going on to keep holding it until the bull market to keep it healthy as well. I am not selling, but I do understand people who do, I do not have most of my money here, I have just a little bit so if this token is zero one day, then I would still be doing fine and that is why I am capable of not selling, some people may not be like that.

Yup, each investors needs to have that kind of goal, if you are using spare money then you are good to keep that token whatever happen either to go pump or to dump more, it will not affect you, as you place a portion of money that you are willing to let go.

[1714855224]

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[Fivestar4everMVP]

Always do proper decision upon holding since not every coin is good to hold since we also need to look up on how they perform for the past few months. If they are not showing any good result for long time then provably the investors or supporters are already done with it and the project is just waiting for new investors to come  since they are not gaining to much attraction to its old holders. I guess for long term holding better choose reputable alts since its so risky to choose low volume tokens or coins since most of them flop and its so rare to see some of them pump a thousand folds.

In most shitcoin cases you are right. I’m not a fan of Betfury tokens anymore but I would say that they are better than most of the shitcoins because the6 have a working product that geenrates an actual income regularly from their players while pther shitcoin project is just pure development of their product for a long time without an actual product produce that will give benefits to the company.

Here on Betfury, You can guarantee already that they will not gonna disappear slowly since the outcome is visible to the investors. Holding or accumulating this token slowly might have a a good chanc of return compared to typical shitcoins that only have a whitepaper.

Success of some altcoins don't entirely depend on the whether the company that built the token is generating money or not, it still very much depends on the type of community the project manages to build, and also another important factor is in the area of use-case, aside buying and selling the tokens, what other interesting things can investors decide to do with their token if they wanna spend it, but don't wanna sell it?  this is how most tokens gain good value in the market, it doesn't entirely depend on whether the company is generating income or not, for all i care, a company can be generating income and that income being generated wont have any positive effect on the tokens performance in the open market, this simply means the managers of the company are just enriching themselves, and careless about the performance of the token in the market.

[ethereumhunter]

It's important to use money that you are willing to let go, you are investing with a casino token which offering staking rewards, for now there's no other usages and investors are just hoping that the upcoming bull will help to increase the current value of the token so aside from that actual numbers of your invested coins those staking rewards will be adding up and possibly to add with your earnings.

Yes, that's more or less what investors are hoping for with their casino tokens. They have been investing even from the very beginning the casino was launched and staking to get more amounts so that if they sell their tokens, they can get more profit. And they can see their casino tokens increase in the next bull run. So they will keep waiting for the bull run while still staking their casino tokens. Well, let's just wait for the next bull run if you are also a casino token investor

[avp2306]

Always do proper decision upon holding since not every coin is good to hold since we also need to look up on how they perform for the past few months. If they are not showing any good result for long time then provably the investors or supporters are already done with it and the project is just waiting for new investors to come  since they are not gaining to much attraction to its old holders. I guess for long term holding better choose reputable alts since its so risky to choose low volume tokens or coins since most of them flop and its so rare to see some of them pump a thousand folds.

In most shitcoin cases you are right. I’m not a fan of Betfury tokens anymore but I would say that they are better than most of the shitcoins because the6 have a working product that geenrates an actual income regularly from their players while pther shitcoin project is just pure development of their product for a long time without an actual product produce that will give benefits to the company.

Here on Betfury, You can guarantee already that they will not gonna disappear slowly since the outcome is visible to the investors. Holding or accumulating this token slowly might have a a good chanc of return compared to typical shitcoins that only have a whitepaper.

Success of some altcoins don't entirely depend on the whether the company that built the token is generating money or not, it still very much depends on the type of community the project manages to build, and also another important factor is in the area of use-case, aside buying and selling the tokens, what other interesting things can investors decide to do with their token if they wanna spend it, but don't wanna sell it?  this is how most tokens gain good value in the market, it doesn't entirely depend on whether the company is generating income or not, for all i care, a company can be generating income and that income being generated wont have any positive effect on the tokens performance in the open market, this simply means the managers of the company are just enriching themselves, and careless about the performance of the token in the market.

It still matter on their money generated on their platform since for that they have a lot of money to use to create more use case of their token, also maybe they can use that for multiple marketing together with big exchange listing. Those factors are important to hype their followers and if they don't have enough money to support their project and let the staking feature only the use case maybe investors will get bored and leave the thoughts of acquiring this.

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[o48o]

Success of some altcoins don't entirely depend on the whether the company that built the token is generating money or not, it still very much depends on the type of community the project manages to build, and also another important factor is in the area of use-case, aside buying and selling the tokens, what other interesting things can investors decide to do with their token if they wanna spend it, but don't wanna sell it?  this is how most tokens gain good value in the market, it doesn't entirely depend on whether the company is generating income or not, for all i care, a company can be generating income and that income being generated wont have any positive effect on the tokens performance in the open market, this simply means the managers of the company are just enriching themselves, and careless about the performance of the token in the market.

It still matter on their money generated on their platform since for that they have a lot of money to use to create more use case of their token, also maybe they can use that for multiple marketing together with big exchange listing. Those factors are important to hype their followers and if they don't have enough money to support their project and let the staking feature only the use case maybe investors will get bored and leave the thoughts of acquiring this.

You are both correct. Most altcoins doesn't even want to "generate money". If their tokenomics have working game theory (tx system or something else), they could raise in value as a side effect by design. But most of them are not bringing dividends as that would immediately make them securities by the standards of howey test.

Value and future of BFG however solely depends on the casino income. It isn't like most of altcoins (or tokens, if we want to be specific).

[cabron]

Success of some altcoins don't entirely depend on the whether the company that built the token is generating money or not, it still very much depends on the type of community the project manages to build, and also another important factor is in the area of use-case, aside buying and selling the tokens, what other interesting things can investors decide to do with their token if they wanna spend it, but don't wanna sell it?  this is how most tokens gain good value in the market, it doesn't entirely depend on whether the company is generating income or not, for all i care, a company can be generating income and that income being generated wont have any positive effect on the tokens performance in the open market, this simply means the managers of the company are just enriching themselves, and careless about the performance of the token in the market.

It still matter on their money generated on their platform since for that they have a lot of money to use to create more use case of their token, also maybe they can use that for multiple marketing together with big exchange listing. Those factors are important to hype their followers and if they don't have enough money to support their project and let the staking feature only the use case maybe investors will get bored and leave the thoughts of acquiring this.

You are both correct. Most altcoins doesn't even want to "generate money". If their tokenomics have working game theory (tx system or something else), they could raise in value as a side effect by design. But most of them are not bringing dividends as that would immediately make them securities by the standards of howey test.

Value and future of BFG however solely depends on the casino income. It isn't like most of altcoins (or tokens, if we want to be specific).

Most of all. The value of altcoins depends on whether it's bull or bear market. The community is just a plus but the majority of the altcoins will die if BTC also plunges down to its knees. There are even altcoins that die down in the bear market. Those tokens that didn't turn out to be scams are just waiting for the bull run.

BFG is just a very small community which only those who hold a large amount of tokens. Most probably staking them all which made the volume low as well.

[Wapfika]

Most of all. The value of altcoins depends on whether it's bull or bear market. The community is just a plus but the majority of the altcoins will die if BTC also plunges down to its knees. There are even altcoins that die down in the bear market. Those tokens that didn't turn out to be scams are just waiting for the bull run.

Typical shitcoin really move like this if there’s nothing to be hype. It’s either selling phased is already over or there’s no one even interested to buy more tokens. BFG tokens price move in same proportion with the majority of tokens from the last dip. This is an indication that there’s no hype on the token but just the trend push.

BFG is just a very small community which only those who hold a large amount of tokens. Most probably staking them all which made the volume low as well.

I disagree on this, Betfury has a big community compared to the normal casino. They made partnerships on different project to get some investors to join them. Their casino has a lot of axtive players. They are just not active here the forum which is why they seems small community here.

[FanEagle]

The fact that BFG will make you money if the casino does well is already their selling point. There is absolutely no reason to buy BFG if you are not aiming to make profit from the dividends. This is why the casino part needs to grow a lot more, I have kept talking about how we need to have a lot more marketing for that in order to keep it going, otherwise it makes no sense at all.

I think it's quite clear that we are seeing something that is slowly growing, but we need faster one. However, the bad side of this is that team needs a lot of money for marketing, look at other companies, they spend so much more. I think with time and more money and more gamblers losing here, the money will come and the dividends will grow with more marketing.

[LUCKMCFLY]

Success of some altcoins don't entirely depend on the whether the company that built the token is generating money or not, it still very much depends on the type of community the project manages to build, and also another important factor is in the area of use-case, aside buying and selling the tokens, what other interesting things can investors decide to do with their token if they wanna spend it, but don't wanna sell it?  this is how most tokens gain good value in the market, it doesn't entirely depend on whether the company is generating income or not, for all i care, a company can be generating income and that income being generated wont have any positive effect on the tokens performance in the open market, this simply means the managers of the company are just enriching themselves, and careless about the performance of the token in the market.

It still matter on their money generated on their platform since for that they have a lot of money to use to create more use case of their token, also maybe they can use that for multiple marketing together with big exchange listing. Those factors are important to hype their followers and if they don't have enough money to support their project and let the staking feature only the use case maybe investors will get bored and leave the thoughts of acquiring this.

You are both correct. Most altcoins doesn't even want to "generate money". If their tokenomics have working game theory (tx system or something else), they could raise in value as a side effect by design. But most of them are not bringing dividends as that would immediately make them securities by the standards of howey test.

Value and future of BFG however solely depends on the casino income. It isn't like most of altcoins (or tokens, if we want to be specific).

Most of all. The value of altcoins depends on whether it's bull or bear market. The community is just a plus but the majority of the altcoins will die if BTC also plunges down to its knees. There are even altcoins that die down in the bear market. Those tokens that didn't turn out to be scams are just waiting for the bull run.

BFG is just a very small community which only those who hold a large amount of tokens. Most probably staking them all which made the volume low as well.

You are right, when we look at a particular token or altcoin we see that its movements and its types of movements regarding the development of the token, or what things the token has that others, no, investors see those things that are so important, and where there is no innovation there is no interest, that has also happened with the token, also that the rewards for having the token have gone down and the marketing within bitcointalk as well, these things affect a lot, because I know that there are many other forums that have to do with it with bitcoin, cryptocurrencies, but bigger than this forum, difficult, this is where it moves the most, that's something we all know.

Betfury is a casino that excited many from the beginning, more than anything with its share of passive income, that was something impressive, everyone wanted to have those tokens, also the volume it had was very good, but here what happened is what It happens to all good projects, they didn't put them on a centralized exchange, and people don't like decentralized exchanges much.

The market is a factor that also influences, well , here it is known through the lens that the one that moves the market is bitcoin and if bitcoin does well, automatically all the altcoins, tokens and everything that follows it will do well, and it is because the bitcoin has a life of its own, so if we could say that if the price of Bitcoin influences , what they have to feed the token in particular is the hope that the token will grow in price and obviously this depends on the casino, on doing many things to promote it, in this order of ideas it is very important that they do not let interest fall, quite the contrary that they encourage investors to put money there, so that investing in the token generates confidence, that is possible, with enough publicity that is it achieves, I don't know why sometimes they have the gold there to build it and more and they let it die, the community is something else, if it helps, because I understand that when the community goes against the token things are lost.

[dwyane36]

The fact that BFG will make you money if the casino does well is already their selling point. There is absolutely no reason to buy BFG if you are not aiming to make profit from the dividends. This is why the casino part needs to grow a lot more, I have kept talking about how we need to have a lot more marketing for that in order to keep it going, otherwise it makes no sense at all.

I think it's quite clear that we are seeing something that is slowly growing, but we need faster one. However, the bad side of this is that team needs a lot of money for marketing, look at other companies, they spend so much more. I think with time and more money and more gamblers losing here, the money will come and the dividends will grow with more marketing.

What kind of marketing do you expect them to do? As far as I know, Betfury's marketing team doesn't report to the community how much they spend on promotion. We can only guess about it based on the fact that 10% of the total BFG emission was initially allocated for marketing, which is equivalent to $7,6 million at the moment. So I think the Betfury team still has more than enough funds to keep promoting its project.

[arwin100]

The fact that BFG will make you money if the casino does well is already their selling point. There is absolutely no reason to buy BFG if you are not aiming to make profit from the dividends. This is why the casino part needs to grow a lot more, I have kept talking about how we need to have a lot more marketing for that in order to keep it going, otherwise it makes no sense at all.

I think it's quite clear that we are seeing something that is slowly growing, but we need faster one. However, the bad side of this is that team needs a lot of money for marketing, look at other companies, they spend so much more. I think with time and more money and more gamblers losing here, the money will come and the dividends will grow with more marketing.

What kind of marketing do you expect them to do? As far as I know, Betfury's marketing team doesn't report to the community how much they spend on promotion. We can only guess about it based on the fact that 10% of the total BFG emission was initially allocated for marketing, which is equivalent to $7,6 million at the moment. So I think the Betfury team still has more than enough funds to keep promoting its project.

But as you can see many are not satisfied with the efforts they made and base on their last post here the only thing they promote is all about their casino promotion. BFG has not been mentioned that's why maybe there's no good discussion or hype has been created, if they want to get an action to their token maybe they should find ways to satisfy there community since if they keep seeing the same performance just like before maybe this could lead them to lose more interest to acquire this token.

[BitcoinHunt3r]

But as you can see many are not satisfied with the efforts they made and base on their last post here the only thing they promote is all about their casino promotion. BFG has not been mentioned that's why maybe there's no good discussion or hype has been created, if they want to get an action to their token maybe they should find ways to satisfy there community since if they keep seeing the same performance just like before maybe this could lead them to lose more interest to acquire this token.

I think BFG tokens and Casino are inseparable promoting this casino means promoting BFG as well so these 2 projects are related, it's just that I totally agree with you the overall promotion is less than optimal I mean Betfury can't compete with other casinos. Indeed, as we know casino competition here is very tight they spend more money even in collaboration with famous brands, Clubs and Athletes so far Betfury has not been able to do the same, so how about in the future? only the Betfury team knows.

I used to be a Betfury holder but after a few months/years I didn't see any progress in price movement so I thought it would be a waste of time if I wanted to expect profits, now I am active as a player without expecting anything on the BFG token. Apart from that, I also realized that the concept of gambling tokens is indeed like that slow price movement, low transaction volume because investors prefer to keep their tokens and expect dividends. I've also heard that exchanges not like tokens with the concept of dividends the reason is low volume which means low income too as we know the exchange applies a fee from every trading activity.

[o48o]

I used to be a Betfury holder but after a few months/years I didn't see any progress in price movement so I thought it would be a waste of time if I wanted to expect profits, now I am active as a player without expecting anything on the BFG token. Apart from that, I also realized that the concept of gambling tokens is indeed like that slow price movement, low transaction volume because investors prefer to keep their tokens and expect dividends. I've also heard that exchanges not like tokens with the concept of dividends the reason is low volume which means low income too as we know the exchange applies a fee from every trading activity.

I sadly can't even play as they excluded EU, nor i can stake for dividends inside the site as i can't just use it. But i feel more than invested as i have put more time for using and studying this than i normally do with tokens. So i am hoping for news that cold trigger me to buy and market trade it.

Unfortunately i can't trust just overall altcoin bull runs as i feel that this could be one of those cases where this is token isnt affected by altcoin season, and right after that usually comes toxicity of community and that affects the future even more. I am still using my time to check the news even though i feel like i could be wasting my time.

[dwyane36]

Apart from that, I also realized that the concept of gambling tokens is indeed like that slow price movement, low transaction volume because investors prefer to keep their tokens and expect dividends. I've also heard that exchanges not like tokens with the concept of dividends the reason is low volume which means low income too as we know the exchange applies a fee from every trading activity.

Of course, most centralized exchanges aren't interested in low volumes, and the listing rules sometimes even include a clause about the minimum daily/weekly trading volume. However, I think this is not the only reason why popular exchanges don't want to add tokens like BFG. Regulators of some jurisdictions may interpret a token with dividends as a security, and if a crypto exchange lists such a token, it is likely to get in trouble because of that.

[Fredomago]

Apart from that, I also realized that the concept of gambling tokens is indeed like that slow price movement, low transaction volume because investors prefer to keep their tokens and expect dividends. I've also heard that exchanges not like tokens with the concept of dividends the reason is low volume which means low income too as we know the exchange applies a fee from every trading activity.

Of course, most centralized exchanges aren't interested in low volumes, and the listing rules sometimes even include a clause about the minimum daily/weekly trading volume. However, I think this is not the only reason why popular exchanges don't want to add tokens like BFG. Regulators of some jurisdictions may interpret a token with dividends as a security, and if a crypto exchange lists such a token, it is likely to get in trouble because of that.

I agree to that statement, there's also an impact of possible jurisdiction that's why centralized exchange would not take that risk adding this kind of project, else, if there's good amount of money that may reflect to the project maybe it can change the direction, but in terms of volumes and other aspect that allows the listing, I guess BFG is not meeting those requirements and so far we are not seeing any good updates regarding to any CEX that may list the coin.

[Fivestar4everMVP]

Apart from that, I also realized that the concept of gambling tokens is indeed like that slow price movement, low transaction volume because investors prefer to keep their tokens and expect dividends. I've also heard that exchanges not like tokens with the concept of dividends the reason is low volume which means low income too as we know the exchange applies a fee from every trading activity.

Of course, most centralized exchanges aren't interested in low volumes, and the listing rules sometimes even include a clause about the minimum daily/weekly trading volume. However, I think this is not the only reason why popular exchanges don't want to add tokens like BFG. Regulators of some jurisdictions may interpret a token with dividends as a security, and if a crypto exchange lists such a token, it is likely to get in trouble because of that.

I agree to that statement, there's also an impact of possible jurisdiction that's why centralized exchange would not take that risk adding this kind of project, else, if there's good amount of money that may reflect to the project maybe it can change the direction, but in terms of volumes and other aspect that allows the listing, I guess BFG is not meeting those requirements and so far we are not seeing any good updates regarding to any CEX that may list the coin.

If its about dividend and so on, I do not see that as a barrier or a big enough reason why big exchanges wont list tokens like BFG, there are several coins and token that are currently being and have been trading on big exchanges that also pay their holders dividends, take for example, and one that is not too far from the gambling industry, Fun token from Freebitco is trading on Binance, holders of fun tokens earn dividends, as well as other perks like the free spins and so on, why haven't regulators approached Binance and ask them to delist Fun token that it is a security ?, and this is not just only Fun token, there are other hundreds of token paying dividends to their holders that are trading on binance and other big exchanges..

Lets just say that BFG haven't been able to meet the requirements of listing on big exchanges, and also, I don't even think the team are serious about getting BFG listed on big exchanges, so it is clearly in their hands, the listing has nothing to do with dividends.

[avp2306]

Apart from that, I also realized that the concept of gambling tokens is indeed like that slow price movement, low transaction volume because investors prefer to keep their tokens and expect dividends. I've also heard that exchanges not like tokens with the concept of dividends the reason is low volume which means low income too as we know the exchange applies a fee from every trading activity.

Of course, most centralized exchanges aren't interested in low volumes, and the listing rules sometimes even include a clause about the minimum daily/weekly trading volume. However, I think this is not the only reason why popular exchanges don't want to add tokens like BFG. Regulators of some jurisdictions may interpret a token with dividends as a security, and if a crypto exchange lists such a token, it is likely to get in trouble because of that.

I agree to that statement, there's also an impact of possible jurisdiction that's why centralized exchange would not take that risk adding this kind of project, else, if there's good amount of money that may reflect to the project maybe it can change the direction, but in terms of volumes and other aspect that allows the listing, I guess BFG is not meeting those requirements and so far we are not seeing any good updates regarding to any CEX that may list the coin.

If they could just get decent volume then maybe this can change everything especially on the decision to list this token on more reliable exchange. But since there's no action done so maybe their old holders are tired to wait for what possible action they do that's the reason on why many people keep discussing this situation since they still hope that there's still good thing will happen to them.

[Strongkored]

If they could just get decent volume then maybe this can change everything especially on the decision to list this token on more reliable exchange. But since there's no action done so maybe their old holders are tired to wait for what possible action they do that's the reason on why many people keep discussing this situation since they still hope that there's still good thing will happen to them.

These token holders must be involved in trading, not just saving or staking it to get interest because coins with small trading volumes will find it difficult to move quickly on exchanges, unfortunately, most prefer to stake and that is what often happens with coins/tokens that have features staking, it seems that the holders see staking as a way to provide profits rather than engaging in trading so that it can influence prices to go up or down as well. Currently, the BFG trading volume is only $ 88K, which is very small and that is also experienced by other casino tokens, it is difficult to increase trading volume except when something is happening, for example, news about listing on a certain exchange or the casino makes new features for the token, the rest of the volume will return low and price graphics become quite boring.

[ololajulo]

Timing holds significant importance when making marketing decisions within the cryptocurrency space. Allocated funds could be squandered on efforts to boost trade volume if not carefully directed. Prioritizing development and exploring innovative avenues can establish a solid foundation for the project's success during a bullish market. It's worth noting that the project is already listed on exchanges and isn't reliant on crowdfunding.