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[Unsoldier]

Good to see this so let see if this can catch some interest of people to accumulate BFG.

The effect of these burnings is minimal. It always has an effect on the dividends you receive (they will be a bit higher) for the next couple of days but the monthly burnings are too minimal to have any impact on the BFG price also.

I think Betfuri should burn ten times as many tokens every month in order for the burn to have a positive impact on the price of BFG. Hopefully the casino team will realize this at some point.

[1714891293]

1714891293

[1714891293]

1714891293

[1714891293]

1714891293

[SATWAT]

Good to see this so let see if this can catch some interest of people to accumulate BFG.

The effect of these burnings is minimal. It always has an effect on the dividends you receive (they will be a bit higher) for the next couple of days but the monthly burnings are too minimal to have any impact on the BFG price also.

I think Betfuri should burn ten times as many tokens every month in order for the burn to have a positive impact on the price of BFG. Hopefully the casino team will realize this at some point.

Even I also agreed with this all, but they are doing this all as their own framework which is much important for them but still overall things are going good for this token and casino which is good for the community.
Now it's time for them to improve their support as well because currently in last few weeks they are not doing things as they were involved in their early days I sent few messages and emails but have never any positive reply about my issue with my account is not working, and they are not replying in last few days I reach many times on-line support, but they fail to give any update about this.

[Ojima-ojo]

Good to see this so let see if this can catch some interest of people to accumulate BFG.

The effect of these burnings is minimal. It always has an effect on the dividends you receive (they will be a bit higher) for the next couple of days but the monthly burnings are too minimal to have any impact on the BFG price also.

I think Betfuri should burn ten times as many tokens every month in order for the burn to have a positive impact on the price of BFG. Hopefully the casino team will realize this at some point.

Token burn is one mechanism thst the developer teams employ to help the value of the token, and yes the amount in total burn is as in proportion to how the token value will increase on both long term abd short term basis and this is why if any developer have the chance to burn their coins tgen their do that as many times as possible and if the betfury team really want to help the value of the token, it means their going to burn large number of the coins in total and if you advice them to burn as many coins as possible it sounds like the right approach and any team that is serious with they token progress their will definitely allow such burn activities.


And another effective way again is to also make room for a buy-back mechanism for the token at some point and this way the team invests money into the project by buying the token back from the investor immediately after the token gets listed on an exchange.

[TimeTeller]

Good to see this so let see if this can catch some interest of people to accumulate BFG.

The effect of these burnings is minimal. It always has an effect on the dividends you receive (they will be a bit higher) for the next couple of days but the monthly burnings are too minimal to have any impact on the BFG price also.

I think Betfuri should burn ten times as many tokens every month in order for the burn to have a positive impact on the price of BFG. Hopefully the casino team will realize this at some point.

Token burn is one mechanism thst the developer teams employ to help the value of the token, and yes the amount in total burn is as in proportion to how the token value will increase on both long term abd short term basis and this is why if any developer have the chance to burn their coins tgen their do that as many times as possible and if the betfury team really want to help the value of the token, it means their going to burn large number of the coins in total and if you advice them to burn as many coins as possible it sounds like the right approach and any team that is serious with they token progress their will definitely allow such burn activities.

And another effective way again is to also make room for a buy-back mechanism for the token at some point and this way the team invests money into the project by buying the token back from the investor immediately after the token gets listed on an exchange.

I like the idea of this buy-back, because it also shows that the token is being valued by the team themselves.
Because if they are spending some of their resources to get their tokens back, it means, they have plans that will provide more value to their token.
The BFG token has a bit of increase on its market value, but the team should think of other activities that will add to the value of the token.
But considering all the casino tokens out there, I believe, BFG is one of the few which is still sustaining its market presence.

[savetheFORUM]

Betfury completely ignores my situation https://bitcointalk.org/index.php?topic=5472736.0, they don’t respond to emails and all managers and main support ignore me on telegram.

Wrong link looks like the topic was deleted and you apparently need to create a new topic on the fraud accusations board if you feel the betfutry team is cheating you or ignoring you, but as far as I can see their team has been inactive for so long on this forum and they redirected it to social media and elsewhere on their official site to resolve any user complaints, you should try to contact their support service.

Sometimes it takes patience for them to reply to your complaint, there can be a lot of queues so you have to wait for them to reply and solve your problem, you should write a new topic while the link you share is not very relevant and empty, at least so we know what the problem is When you are on this site, make sure to display any evidence such as screenshots so that you can ensure that you have proof and are not making false accusations without proof.

I do agree that it doesn't make sense to complain about a website and then expecting a result right away, that is not how any of this works, you need to give it some time before you can judge a website and how they approach your situation. I agree that it is not going to be all that crazy, I think it is going to be something that will benefit everyone to realize that Betfury does respond to people as quickly as they can, and if not at least they do respond if there were somethings that they need to respond to. With that in mind, if you can open a complaint thread, they will check it eventually and they will respond what went wrong, there is no need to make sure that you spread it everywhere all the time constantly, just do it and wait for their response.

[Taskford]

Good to see this so let see if this can catch some interest of people to accumulate BFG.

The effect of these burnings is minimal. It always has an effect on the dividends you receive (they will be a bit higher) for the next couple of days but the monthly burnings are too minimal to have any impact on the BFG price also.

I think Betfuri should burn ten times as many tokens every month in order for the burn to have a positive impact on the price of BFG. Hopefully the casino team will realize this at some point.

Token burn is one mechanism thst the developer teams employ to help the value of the token, and yes the amount in total burn is as in proportion to how the token value will increase on both long term abd short term basis and this is why if any developer have the chance to burn their coins tgen their do that as many times as possible and if the betfury team really want to help the value of the token, it means their going to burn large number of the coins in total and if you advice them to burn as many coins as possible it sounds like the right approach and any team that is serious with they token progress their will definitely allow such burn activities.


And another effective way again is to also make room for a buy-back mechanism for the token at some point and this way the team invests money into the project by buying the token back from the investor immediately after the token gets listed on an exchange.

This is one of the option they to to lessen their supply so that once there's a huge demand will come to them the value of their token will easily stretch up, but for its situation where many people doesn't consider the burning of tokens is not quiet effective knowing the sentiments of people still in good composition towards all happening on their project. So maybe after they do that burning they can execute what you said since buy back mechanism is quiet effective since many people might ever think that the people behind of BFG is really serious on its development.

But since they are only implementing token burning for now maybe we can't see much bigger effect on it that's why maybe for now its good to wait on what update they release since I think they are testing their community to see how people would react to the burning of tokens they do.

[Coin_trader]

I like the idea of this buy-back, because it also shows that the token is being valued by the team themselves.
Because if they are spending some of their resources to get their tokens back, it means, they have plans that will provide more value to their token.
The BFG token has a bit of increase on its market value, but the team should think of other activities that will add to the value of the token.
But considering all the casino tokens out there, I believe, BFG is one of the few which is still sustaining its market presence.

I doubt that Betfury will do this in mear future now that they have a working casino that gain profit for them consistently without spending money for their token promotion. They rather spend the budget for buy backs to casino advertisements and promotion instead of boosting the token price that they are only using for rewards for their casino users.

I once a believer of casino utility token but BFG makes me doubt in this kind of investment since token holders doesn’t gain anything aside from staking using the liquidity from the investors initial investment and new token holders while the casino owner is the only one benefiting on the casino profit. They should give BFG tokens some exclusivity on the casino if they really value this token.

[babygun]

I like the idea of this buy-back, because it also shows that the token is being valued by the team themselves.
Because if they are spending some of their resources to get their tokens back, it means, they have plans that will provide more value to their token.
The BFG token has a bit of increase on its market value, but the team should think of other activities that will add to the value of the token.
But considering all the casino tokens out there, I believe, BFG is one of the few which is still sustaining its market presence.

I doubt that Betfury will do this in mear future now that they have a working casino that gain profit for them consistently without spending money for their token promotion. They rather spend the budget for buy backs to casino advertisements and promotion instead of boosting the token price that they are only using for rewards for their casino users.

I once a believer of casino utility token but BFG makes me doubt in this kind of investment since token holders doesn’t gain anything aside from staking using the liquidity from the investors initial investment and new token holders while the casino owner is the only one benefiting on the casino profit. They should give BFG tokens some exclusivity on the casino if they really value this token.

Any crypto you but always has some risk, so the same is valid for casino tokens. While I still like the BFG tokens (mainly because of the dividend), I wouldn’t buy any because, as you mentioned, they are not focused on promoting their tokens or doing things to increase the price.

[beerlover]

I doubt that Betfury will do this in mear future now that they have a working casino that gain profit for them consistently without spending money for their token promotion. They rather spend the budget for buy backs to casino advertisements and promotion instead of boosting the token price that they are only using for rewards for their casino users.

I once a believer of casino utility token but BFG makes me doubt in this kind of investment since token holders doesn’t gain anything aside from staking using the liquidity from the investors initial investment and new token holders while the casino owner is the only one benefiting on the casino profit. They should give BFG tokens some exclusivity on the casino if they really value this token.

Any crypto you but always has some risk, so the same is valid for casino tokens. While I still like the BFG tokens (mainly because of the dividend), I wouldn’t buy any because, as you mentioned, they are not focused on promoting their tokens or doing things to increase the price.

I would say that as long as they keep being a strong casino, which they are, the dividends will increase, and the more that increases, the more people will want to invest. I mean think about it, if something pays you one dollar per month, do you think that the price will stay at one dollar per token? It will be 100+ easily, people overhype that type of thing.

So, it is clear to me that we are going to end up with a situation where the price will be very different, and will be very difficult to keep it low. I understand that you may think that they do not promote their token, but they do promote their casino, and that's what will make the token go high. I believe that we are going to end up seeing a higher price there.

[Fivestar4everMVP]

I like the idea of this buy-back, because it also shows that the token is being valued by the team themselves.
Because if they are spending some of their resources to get their tokens back, it means, they have plans that will provide more value to their token.
The BFG token has a bit of increase on its market value, but the team should think of other activities that will add to the value of the token.
But considering all the casino tokens out there, I believe, BFG is one of the few which is still sustaining its market presence.

I doubt that Betfury will do this in mear future now that they have a working casino that gain profit for them consistently without spending money for their token promotion. They rather spend the budget for buy backs to casino advertisements and promotion instead of boosting the token price that they are only using for rewards for their casino users.

I once a believer of casino utility token but BFG makes me doubt in this kind of investment since token holders doesn’t gain anything aside from staking using the liquidity from the investors initial investment and new token holders while the casino owner is the only one benefiting on the casino profit. They should give BFG tokens some exclusivity on the casino if they really value this token.

Any crypto you but always has some risk, so the same is valid for casino tokens. While I still like the BFG tokens (mainly because of the dividend), I wouldn’t buy any because, as you mentioned, they are not focused on promoting their tokens or doing things to increase the price.

With the level of development in the defi sector of cryptocurrency today, for the fact one could earn dividend for holding or staking a token or coin is no longer a good enough reason to like or hold a token, and this is because as i believe that we all know, there are thousands, if not in their tens of thousands, of tokens and coins that now offer holders' dividends to for either holding or staking the coins or tokens.

And some of these projects are one where the owners are very lively with their community, constantly sharing news and updates, working very hard to see that they bring in more and more investors in to the project and as well, to buy/invest in the coin or token, unlike here that we have not heard from the team what their plans are concerning the BFG token, halving is coming and lots of projects are seriously preparing for another bull run by engaging constantly with their community, but here, nothing of such.
It's really very disappointing though.

[o48o]

Good to see this so let see if this can catch some interest of people to accumulate BFG.

The effect of these burnings is minimal. It always has an effect on the dividends you receive (they will be a bit higher) for the next couple of days but the monthly burnings are too minimal to have any impact on the BFG price also.

I think Betfuri should burn ten times as many tokens every month in order for the burn to have a positive impact on the price of BFG. Hopefully the casino team will realize this at some point.

I agree that you onlly need math to see that these burnings are nominal gestures without actual value. They are sending a strong signal about commitment but anyone looking closer can see the actual significance.

If they however would burn more, then money for that would need to all come from their own pockets, so i see this as unlikely. It would be an act of charity, and i can't remember them ever doing charity in any form. And considering how much they want to talk with their users in here, i don't think that their userbase, or their token price are their main focus right now.

[avp2306]

Good to see this so let see if this can catch some interest of people to accumulate BFG.

The effect of these burnings is minimal. It always has an effect on the dividends you receive (they will be a bit higher) for the next couple of days but the monthly burnings are too minimal to have any impact on the BFG price also.

I think Betfuri should burn ten times as many tokens every month in order for the burn to have a positive impact on the price of BFG. Hopefully the casino team will realize this at some point.

I agree that you onlly need math to see that these burnings are nominal gestures without actual value. They are sending a strong signal about commitment but anyone looking closer can see the actual significance.

If they however would burn more, then money for that would need to all come from their own pockets, so i see this as unlikely. It would be an act of charity, and i can't remember them ever doing charity in any form. And considering how much they want to talk with their users in here, i don't think that their userbase, or their token price are their main focus right now.

This is business so can't really expect that they would do charity to their community since they need funds to fuel up their business, that's why they do some action like that token burning since they want to make their community feels their actual commitment to them. For now maybe this is just a step one of their action and maybe we can see more of it. Since if they will not do anything for sure many of their   token holder will leave since they are long floating. If BFG  would get a good pump next year when bull run will happen maybe this will be a game changer for this token and they can get another new set of supporters that can able to hold their token.

For now people want to see some more good developments and its still good that they burn some tokens because it lessen their supply.

[LUCKMCFLY]

I have said something and I think that when it comes to the price of BTC it is Something that is turning out to be very favorable for everyone, if here with the BFG token they could take it to another level as I have always said , they still have a lot of opportunity because the token does They make a very large, strong campaign, where they encourage buying, holding contests, giving contests on Twitter and on different platforms, this urges investors to trust again in this token, they have great things there that can take it to a great level , the price of the token can raise it, but they have to work on it constantly, this is the opportunity they have to do it, I don't understand, but leaving things here on bitcoinitalk as if in oblivion is not the best they can do, as I said, if you have problems with someone, some user, the best thing is to solve it , they are losing out on making money, and this is something that I don't Understand, they don't know how to have such good Opportunities , that's like a saying It's just where I live that says: "God gives bread to those who have no teeth" , so what a great opportunity they have now.

The price of Bitcoin is doing its part , it is very likely that the price for December will have a good turn and if people have full confidence in this token, then investments will come, but this is not that we are going to trust this token like this So, this takes a process, if they don't work to make it happen it will hardly happen, because the tokens can go up, but if they have worked on it, if they put the token in a centralized exchange, why in a Centralized Exchange ? because that produces more security, it is synonymous for traders and investors that the token is Serious, that they do not let themselves be carried away by ideas that they have a lot to do, then these types of things are what people should always consider, and I don't So how can they have the idea of doing better things?

Well, actually, why shouldn’t we consider the token “strong enough” if the casino itself, as a whole, has successfully existed and been operating for more than 4 years.  And this is in the context of a generally quite serious stagnation of the general cryptocurrency market that has been going on for quite some time.  This is a market condition that combines bearish sentiment and long-term flats.  It seems to me that it is not so easy to withstand such financial pressure.  However, the token works, although casino devs continue to remain silent regarding the development of tokenomics.  But waiting for the bullish stage of the market will naturally be rewarded and everything will begin to develop more intensively. 
At least I hope so. 
By the end of the year or by BTC halving, I think there will be positive changes.

The thing is that we are all people who hope for good things in the halving, the good thing about all this is as you say, because for 4 years they have been working well and with great success, only now things here in the forum do not give them the attention that they owe, and that is something that is not good, here are the biggest investors and the best that can make a difference, then in this order of ideas when it comes to how to improve they do not do it, then this is something that Anyone despises it, and I am sure that there are many investors who have a lot of money in the tokens, they have hope of making profits, but you also have to see that they are not doing anything to make the tokens rise in price, there are no contests, there are no events Let them see and they don't make a difference, then this is something that should have them disappointed, and for now when things are like this it's not worth it, because no matter how many have put money into that token, you have to see all those things.

And the people who are in the forum, well, they have to respect each other, there is no worse disappointment that exists in a casino or a project that does not take into consideration the people who trusted in their project, this is something that is very ugly, well I see it from the point of view as if I were the investor, or if I were a person who does not see that they do anything, so when I am at any event of this style it makes me remember a project that I Participated in many years ago that was very successful. But no matter how much they insisted that they had to put the token in an exchange, they didn't pay attention and within that project they started to treat all the investors badly and then that project went to the ground, so now this is not worth it , Because it is a casino that is in front is nothing else, it is the reputation of the casino and if they see it like that , then it is something that is not worth seeing so evident, and this can cause the greatest of all disappointments.

I think I agree with you that completely ignoring our questions regarding the development of BFG tokenomics in the foreseeable future will negatively affect the image of the casino. 
In this matter, the complete lack of answers from devs representatives, even here in this topic, looks strange. 
After all, in general, the casino has been operating quite successfully, and this has already been going on for 4 years.  And of course, during this time it was necessary to learn how to maintain the casino’s reputation at the proper level. 
 But the lack of information about the development of tokenomics and ignoring this topic altogether does not help maintain the casino’s image among its users and generally among gambling players at a high level.

Maybe this is the reason why the demand of their token didn't grow and they only get small volume coming from exchange where it listed since many people are still doubtful to have this even if there's a possibilities that Bitcoin and other altcoins will have a bullrun. If they could just able to answer those people asking question related to developments of BFG maybe they can be satisfied with the answer they can give to the people and they might have enough volume that can possibly attract people to avail their token. But they are just letting all of discussions go that's why many people decide to fall back and maybe choose another altcoin rather than spending some bucks to buy their token.

When you have this type of projects, you must be quite emphatic about doing things, that is, we as players and as potential investors need a lot of security and we need to have what is necessary to be able to establish the best way to earn money, whether by playing or with tokens. In investment, I am one of those who always think that the best projects are those that take their tokens to a centralized exchange, because they Know very well what they want, and they don't mind going to the market, where they have all the money, where anyone enters to sell and buy, this is what could be called the freedom that every project needs, that is when it is known that the designers want to carry out the project, because they devise the best ways to be able to have Competitions or other types of Things to Encourage everyone to buy, with everything that can be done and more now that December is coming, I mean, this is so that it is bursting with ideas of things so that they can take this Token to a very maximum point.

This enthusiasm is what I'm talking about, and the more people get excited, they can continue doing things very well in the casino, giving up credit in Tokens, things like that is how people should be encouraged to invest there , Internal forums must be Created where they bring more to a large community, there are so many things, so many ideas , Marketing must be at its peak, but they have let the potential of the token be lost, there are many investors who have believed in this token, and now what do you feel? Disappointment, that they wasted their time and dreams, this is the only thing that should not be allowed to happen on any project , whatever it may be, you can't get to that point, because when you lose a community, an audience, then things go very Wrong , this is only the people who can make a difference by taking advantage of the Potential of the forum should always be proposed.

[Fredomago]

Good to see this so let see if this can catch some interest of people to accumulate BFG.

The effect of these burnings is minimal. It always has an effect on the dividends you receive (they will be a bit higher) for the next couple of days but the monthly burnings are too minimal to have any impact on the BFG price also.

I think Betfuri should burn ten times as many tokens every month in order for the burn to have a positive impact on the price of BFG. Hopefully the casino team will realize this at some point.

I agree that you onlly need math to see that these burnings are nominal gestures without actual value. They are sending a strong signal about commitment but anyone looking closer can see the actual significance.

If they however would burn more, then money for that would need to all come from their own pockets, so i see this as unlikely. It would be an act of charity, and i can't remember them ever doing charity in any form. And considering how much they want to talk with their users in here, i don't think that their userbase, or their token price are their main focus right now.

This is business so can't really expect that they would do charity to their community since they need funds to fuel up their business, that's why they do some action like that token burning since they want to make their community feels their actual commitment to them. For now maybe this is just a step one of their action and maybe we can see more of it. Since if they will not do anything for sure many of their   token holder will leave since they are long floating. If BFG  would get a good pump next year when bull run will happen maybe this will be a game changer for this token and they can get another new set of supporters that can able to hold their token.

For now people want to see some more good developments and its still good that they burn some tokens because it lessen their supply.

Investors will look for updates to continue supporting the asset, not just the business but the plan with the project that they offer, if they will bring good news and positive updates investors will start to hype up and potential new holders will come and will buy and hold the asset, but without anything, what we will expect is more investors to leave and sell what they currently hold affecting the current value of the coin and possible bring negative insight from other possible investors.

[TopTort777]

Are there really BFG investors? I hardly think there are any, and most BFG are in hands of simply gamblers. Specially with their recent tactics of distributing everything in BFG (staking, cashback, rakeback, weekly and monthly bonuses, as well as their calendar bonus). I bet when Christmas comes, their main bonus or gift will be BFG oriented

[Yogee]

Are there really BFG investors? I hardly think there are any, and most BFG are in hands of simply gamblers. Specially with their recent tactics of distributing everything in BFG (staking, cashback, rakeback, weekly and monthly bonuses, as well as their calendar bonus).

Data from Coingecko
- ATL $0.010
- ATH $0.037
- Trading Volume $169,723

That just says nobody is really interested in investing. This is probably a good hold and stake during bear market but not ideal during a bullrun. It's a slow horse if you look at the price fluctuations. This is like staking a stable coin for some rewards and that's about it.

I bet when Christmas comes, their main bonus or gift will be BFG oriented

I would not be surprised.

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[babygun]

Are there really BFG investors? I hardly think there are any, and most BFG are in hands of simply gamblers. Specially with their recent tactics of distributing everything in BFG (staking, cashback, rakeback, weekly and monthly bonuses, as well as their calendar bonus). I bet when Christmas comes, their main bonus or gift will be BFG oriented

Good question, I obtained all of mine through gambling and their bounty campaign. There is nothing wrong with giving their bonuses out in BFG as you will get more daily dividend but not the best for investors indeed.

[dwyane36]

Are there really BFG investors?

I doubt it. If there was really some investor interest, the BFG price would show some volatility and would not behave like stablecoin for such a long time. It is noteworthy that 98.64% of the total BFG circulation is on the platform, i.e. only 1.36% of the total BFG circulation is outside the Betfury site. Just imagine what would happen to the BFG price if some crazy whale decided to spend $1-2 million to buy BFG tokens at the market price.

[ultrloa]

Are there really BFG investors?

I doubt it. If there was really some investor interest, the BFG price would show some volatility and would not behave like stablecoin for such a long time. It is noteworthy that 98.64% of the total BFG circulation is on the platform, i.e. only 1.36% of the total BFG circulation is outside the Betfury site. Just imagine what would happen to the BFG price if some crazy whale decided to spend $1-2 million to buy BFG tokens at the market price.

It would provably pump the BFG price but also it will make the old holders decide to let go of their hold tokens for long time ago since this is the time they are waiting for. That's why there's really no strong support that can maintain the price of BFG at the top since there are so many people left behind for long time. If the team could just satisfy this people with the updates they released maybe we can see some change of decisions towards those investors of this token.

For now there's a lot of work needed to do since BFG team needs to do something to convince people to acquire their token. Many people got disappointed on their tokens performance so they need to do something especially people nowadays are looking after with this bull run event and many want to see something great to happen for their followed tokens.