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Author Topic: 🎲BetFury.io| 🔥Sign up on BetFury | 🤑Get Welcome Bonus up to 590% + 225 FS  (Read 77014 times)
Fivestar4everMVP
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December 31, 2023, 01:03:07 PM
 #7401



How can I be sure that the .ac domain is safe???

It is a strange situation. As far as I know, Betfury has never had a .ac domain before. It looks very suspicious, considering that Betfury has not had any warnings about the .ac domain, and it is not on the official Mirrors page. Maybe I am mistaken, but redirecting to this domain on your screenshot looks too much like phishing.

I would also be careful with the .ac domain; I just tried to visit the site and you get automatically redirected to the .ai domain and also in there list of official mirrors there is no link of the .ac domain name. One option could be to just ask about it in livechat or telegram to know for sure what the official mirror sites are for Betfury.
If the .ac domain is unknown to anyone here, then it simply means that ive probably been phished, I just opened both sites on my system, I mean one site with different domains, the .ac and the .ai domain, and I was automatically logged in on the .ac domain, meanwhile the .ai domain which is supposed to be the original mirror site is asking for my log in details.

I am happy I don't have funds on my account at the money, I definitely will have to reach out to the BetFury team on telegram to know if the .ac domain is original and can be trust, this I will do before I decide what next to do depending on what their answer is, and I really hope its not what I am thinking though.

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dwyane36
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January 02, 2024, 02:34:39 AM
 #7402

If the .ac domain is unknown to anyone here, then it simply means that ive probably been phished, I just opened both sites on my system, I mean one site with different domains, the .ac and the .ai domain, and I was automatically logged in on the .ac domain, meanwhile the .ai domain which is supposed to be the original mirror site is asking for my log in details.

I am happy I don't have funds on my account at the money, I definitely will have to reach out to the BetFury team on telegram to know if the .ac domain is original and can be trust, this I will do before I decide what next to do depending on what their answer is, and I really hope its not what I am thinking though.

It is worth noting that all official Betfury mirrors were created on the same day(November 25, 2020), while this .ac domain was created just a couple of months ago (October 28, 2023). Doesn't it seem strange to you? Why would Betfury register another domain if they already have 3 working mirrors besides the .io domain?
By the way, there is still a redirect to the mirror, and it seems to be taking longer since the .io domain has this status: clientHold. This means that the registrar has put the .io domain on hold until the owner takes action. During this hold, the domain is not activated in DNS.
If you are interested, you can read the reasons for the occurrence of this status here.

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LUCKMCFLY
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January 02, 2024, 01:18:42 PM
 #7403

If the .ac domain is unknown to anyone here, then it simply means that ive probably been phished, I just opened both sites on my system, I mean one site with different domains, the .ac and the .ai domain, and I was automatically logged in on the .ac domain, meanwhile the .ai domain which is supposed to be the original mirror site is asking for my log in details.

I am happy I don't have funds on my account at the money, I definitely will have to reach out to the BetFury team on telegram to know if the .ac domain is original and can be trust, this I will do before I decide what next to do depending on what their answer is, and I really hope its not what I am thinking though.

It is worth noting that all official Betfury mirrors were created on the same day(November 25, 2020), while this .ac domain was created just a couple of months ago (October 28, 2023). Doesn't it seem strange to you? Why would Betfury register another domain if they already have 3 working mirrors besides the .io domain?
By the way, there is still a redirect to the mirror, and it seems to be taking longer since the .io domain has this status: clientHold. This means that the registrar has put the .io domain on hold until the owner takes action. During this hold, the domain is not activated in DNS.
If you are interested, you can read the reasons for the occurrence of this status here.

These things at this point should no longer surprise us, if we can see, the casino does not even manifest itself in responding and this is necessary to respond , here because they realized about this, but where it is a person who is a novice and register , deposit some money and lose it ? how are they ? who fits here? Who will take responsibility for this? the same casino? No, it is something that is going to be done to us , that is why I say something , we should be surprised by this type of bears , besides, how did I say, have they said something, have they expressed themselves? I know that they do something like that, and if it is psyshing it is something that they should responsibly put among their warnings and here obviously, at least as an act of respect towards the users who still believe in this casino that has truly disappointed For many, it is not acceptable that they see this type of thing, let's see if they respond to this, I think that above all, as the owner of a company like this, you should be aware of doing something like that, if it is not your company, you should still say so.

At this time I have stopped writing here in this Thread because most of it is always as if I were writing a monologue, people who know well what is happening in the caisno can respond, but this is bitcointalk, and the Things here should be done for the good and for the benefit of the players, we cannot allow things to escape from the nanos just like that, things must be seen well in every sense, if I have problems with clients in a site that is problematic , out of Responsibility and respect for those Clients , I have to warn them of such a problem of such a thing, that does not take away from it, but if it puts a Value I added it makes it important to see that the casino is committed to protection of their clients and it is possible to greatly improve the image of this casio that really needs it , so since they ignore it it is difficult to have a good Image of them.


..Stake.com..   ▄████████████████████████████████████▄
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January 03, 2024, 07:25:08 AM
 #7404

These things at this point should no longer surprise us, if we can see, the casino does not even manifest itself in responding and this is necessary to respond , here because they realized about this, but where it is a person who is a novice and register , deposit some money and lose it ? how are they ? who fits here? Who will take responsibility for this? the same casino? No, it is something that is going to be done to us , that is why I say something , we should be surprised by this type of bears , besides, how did I say, have they said something, have they expressed themselves? I know that they do something like that, and if it is psyshing it is something that they should responsibly put among their warnings and here obviously, at least as an act of respect towards the users who still believe in this casino that has truly disappointed For many, it is not acceptable that they see this type of thing, let's see if they respond to this, I think that above all, as the owner of a company like this, you should be aware of doing something like that, if it is not your company, you should still say so.

At this time I have stopped writing here in this Thread because most of it is always as if I were writing a monologue, people who know well what is happening in the caisno can respond, but this is bitcointalk, and the Things here should be done for the good and for the benefit of the players, we cannot allow things to escape from the nanos just like that, things must be seen well in every sense, if I have problems with clients in a site that is problematic , out of Responsibility and respect for those Clients , I have to warn them of such a problem of such a thing, that does not take away from it, but if it puts a Value I added it makes it important to see that the casino is committed to protection of their clients and it is possible to greatly improve the image of this casio that really needs it , so since they ignore it it is difficult to have a good Image of them.


Not trying to protect BetFury, but what if there is no longer a person responsible for that kind of promotion and support on the forums? They have accounts here, but they visit just to check if there are PMs or make some promotional posts. On the other hand they can be understood - if there is a problem with platform, come seek for solution on the platform, contact support and etc. Why would they even bother diving into a problem on a forum?

(I am drawing parallels with my work - if there is an issue, write me an email with task or description. If someone makes me a call and seeks for help, then I would advice him to write an email, as I dont have time for phone calls bla-bla-bla and cant drop everything and fix problem immediately)

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January 03, 2024, 10:03:57 AM
 #7405


Not trying to protect BetFury, but what if there is no longer a person responsible for that kind of promotion and support on the forums? They have accounts here, but they visit just to check if there are PMs or make some promotional posts. On the other hand they can be understood - if there is a problem with platform, come seek for solution on the platform, contact support and etc. Why would they even bother diving into a problem on a forum?

(I am drawing parallels with my work - if there is an issue, write me an email with task or description. If someone makes me a call and seeks for help, then I would advice him to write an email, as I dont have time for phone calls bla-bla-bla and cant drop everything and fix problem immediately)

You are right in that but on the other hand, having an active representative on this forum can help I think. There is a pretty big community here, with some high rollers, and than it is handy if you can already respond over here to solve issues. We saw something similar with another casino recently that they were not responding to several scam issues and it hurt their reputation a bit (they solved everything in the end).



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January 03, 2024, 11:11:56 AM
 #7406


Not trying to protect BetFury, but what if there is no longer a person responsible for that kind of promotion and support on the forums? They have accounts here, but they visit just to check if there are PMs or make some promotional posts. On the other hand they can be understood - if there is a problem with platform, come seek for solution on the platform, contact support and etc. Why would they even bother diving into a problem on a forum?

(I am drawing parallels with my work - if there is an issue, write me an email with task or description. If someone makes me a call and seeks for help, then I would advice him to write an email, as I dont have time for phone calls bla-bla-bla and cant drop everything and fix problem immediately)

You are right in that but on the other hand, having an active representative on this forum can help I think. There is a pretty big community here, with some high rollers, and than it is handy if you can already respond over here to solve issues. We saw something similar with another casino recently that they were not responding to several scam issues and it hurt their reputation a bit (they solved everything in the end).

I want to believe that you are referring to bc.game.
Anyways, I completely agree with you, bitcointalk still remains one forum with a alot of gamblers and every casino here all have their own gambling community, BetFury happens to be one of the many casinos on this forum with a good community of users, and for this, it's nothing to them to atleast, have a dedicated representative here who would oversee that there is no complaints here, or queries that goes unanswered, or should go unanswered.

This is also a good marketing for the casino as well, as there are some gamblers who would only want to play on casinos where they see that a rep from the casino is always active on forums like this to answer questions and assist users, as well as potential users as well.

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January 03, 2024, 11:43:16 AM
Last edit: January 03, 2024, 12:12:46 PM by yahboy
 #7407

Quote
It is worth noting that all official Betfury mirrors were created on the same day(November 25, 2020), while this .ac domain was created just a couple of months ago (October 28, 2023). Doesn't it seem strange to you? Why would Betfury register another domain if they already have 3 working mirrors besides the .io domain?
By the way, there is still a redirect to the mirror, and it seems to be taking longer since the .io domain has this status: clientHold. This means that the registrar has put the .io domain on hold until the owner takes action. During this hold, the domain is not activated in DNS.
If you are interested, you can read the reasons for the occurrence of this status here.

UK poster here.

I may be reading into this a bit too much and coming up with an incorrect conclusion, but i am concerned about this being a legal matter of serving customers in areas they are not supposed to be operating within. For example in the UK you cannot operate a casino without a permit from the gambling commission and they wont like people infinging on their income. Therefore they are being extra cautious with their mirror domains by range banning players they are not allowed to provide gambling services to, hence why all mirrors are blocking IP's from such juristictions. This is sending players wild because all we get is the 'Sorry you have been blocked' Cloudfare page.

If the domain has been put on clientHold, this may indicate that this is not so much of a technical issue, but that the registrar has put the betfury.io domain into limbo until a certain criteria is fulfilled, this may mean that there has been pressure put on the registrar from serious legal entities, especially now they are offering crypto staking dividends. Plus the UK is cracking down hard on anything non regulated by their new legislation.

Obviously Betfury wont want to come out and openly admit this is the case and why they have now started pushing the .ai domain... which seems to be fine for a large amount of players but seems to range ban IP's from areas they are not allowed to operate within.

Also lets face it, if there is bad news for players, they try to spin it as a positive for them, for example, the way the handled the removal of the free crypto boxes by putting the emphasis on bad actors cheating the system and the way they interact with users, being pretty much non existent, apart from telegram customer service saying the team are working through it and the only solution they offer is to clear your cookies and cache or use a VPN. That being said, i am only concerned because this is my favourite Crypto gambling site and i dont want to see it go, as i cant justify paying for a VPN for one single site just so i can play my small stakes gambles.

Hopefully I am way off the mark with this and its all a conspiracy in my mind and they will get their act together, but i am not holding out much hope.

Would be interested to hear from other UK users who are able to access the site without using a VPN and can access it via one of the mirror sites with their bare IP, proving my conspiracy wrong, for which i would be happy to be the case.



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January 03, 2024, 12:03:01 PM
 #7408



How can I be sure that the .ac domain is safe???

It is a strange situation. As far as I know, Betfury has never had a .ac domain before. It looks very suspicious, considering that Betfury has not had any warnings about the .ac domain, and it is not on the official Mirrors page. Maybe I am mistaken, but redirecting to this domain on your screenshot looks too much like phishing.

I would also be careful with the .ac domain; I just tried to visit the site and you get automatically redirected to the .ai domain and also in there list of official mirrors there is no link of the .ac domain name. One option could be to just ask about it in livechat or telegram to know for sure what the official mirror sites are for Betfury.
If the .ac domain is unknown to anyone here, then it simply means that ive probably been phished, I just opened both sites on my system, I mean one site with different domains, the .ac and the .ai domain, and I was automatically logged in on the .ac domain, meanwhile the .ai domain which is supposed to be the original mirror site is asking for my log in details.

I am happy I don't have funds on my account at the money, I definitely will have to reach out to the BetFury team on telegram to know if the .ac domain is original and can be trust, this I will do before I decide what next to do depending on what their answer is, and I really hope its not what I am thinking though.

It's good that you don't have any funds in your account there, even if we say that you've been misled. Really, these hackers will do everything they can to steal. Really poor gamblers who have no idea and know about such things are the type who will be victimized by a hacker who has no opponent.

So we really need to be prudent and cautious with these sensitive actions and movements of hackers. I have been a victim like that before, and it was recently on an exchange platform, but it was only a small amount, so after that incident, it doubled. I'm really careful.

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January 04, 2024, 04:23:39 AM
 #7409

It looks like the Betfury team solved the problem with the main domain, as the "clientHold" status is gone. So, the Betfury site is available again through the .io domain, and there is no redirect to the mirror. The only thing is that it is not clear what exactly was the reason for that domain status. Whether it happened because of some technical problems or because of some formal and legal problems. It would be interesting to know about it, but it is unlikely that the Betfury team will tell us.

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January 04, 2024, 03:44:13 PM
 #7410

These things at this point should no longer surprise us, if we can see, the casino does not even manifest itself in responding and this is necessary to respond , here because they realized about this, but where it is a person who is a novice and register , deposit some money and lose it ? how are they ? who fits here? Who will take responsibility for this? the same casino? No, it is something that is going to be done to us , that is why I say something , we should be surprised by this type of bears , besides, how did I say, have they said something, have they expressed themselves? I know that they do something like that, and if it is psyshing it is something that they should responsibly put among their warnings and here obviously, at least as an act of respect towards the users who still believe in this casino that has truly disappointed For many, it is not acceptable that they see this type of thing, let's see if they respond to this, I think that above all, as the owner of a company like this, you should be aware of doing something like that, if it is not your company, you should still say so.

At this time I have stopped writing here in this Thread because most of it is always as if I were writing a monologue, people who know well what is happening in the caisno can respond, but this is bitcointalk, and the Things here should be done for the good and for the benefit of the players, we cannot allow things to escape from the nanos just like that, things must be seen well in every sense, if I have problems with clients in a site that is problematic , out of Responsibility and respect for those Clients , I have to warn them of such a problem of such a thing, that does not take away from it, but if it puts a Value I added it makes it important to see that the casino is committed to protection of their clients and it is possible to greatly improve the image of this casio that really needs it , so since they ignore it it is difficult to have a good Image of them.


Not trying to protect BetFury, but what if there is no longer a person responsible for that kind of promotion and support on the forums? They have accounts here, but they visit just to check if there are PMs or make some promotional posts. On the other hand they can be understood - if there is a problem with platform, come seek for solution on the platform, contact support and etc. Why would they even bother diving into a problem on a forum?

(I am drawing parallels with my work - if there is an issue, write me an email with task or description. If someone makes me a call and seeks for help, then I would advice him to write an email, as I dont have time for phone calls bla-bla-bla and cant drop everything and fix problem immediately)

Of course it could be the reason, but even though you have to have some Professionalism and read all the things that were Written to you,  I think that within 1 or 2 Hours you can do it, so that you know how this is a community demanding some things, which in the end is for them to improve, I am sure that there are many people who would give it another Chance and who again Believe that it has these things, of course, according to my experience in this Type of cases, I would give an X to this token and I Wouldn't see it anymore, and just as they didn't have the decent way to give some explanation because not being in this casino Would be proof of what they themselves sowed, because you have to see what a community gives, so as it Says and they place it at the top, as at some point the casino was, because they can also lower it and Leave it in oblivion, I understand that they can have a lot of Pressure , but if they see that a Single Person cannot Attend the forum at least Delegate this to Another person to help answer, it's not that Difficult either.

I am the first person who defends all the time the fact that Companies prosper here , it is the best and what I always look for , of Course we are people who defend Companies a lot, because at least I have always worked for many optimizing Processes , giving Advice , doing Programming in Control and automation and well I know Everything that having them here entails, but when they are people who do not respond and do not have the capacity to treat others well and properly, because that is what they are told all these things , because the worst thing is They are not the only thing and everyone shows Respect, apart from everything that is treated because they have to do with money and that is indeed delicate , Everything that is with money must be Treated with great care Because the Things like that change , not only for some , but People who feel Cheated or who lost a lot Sometimes take very radical Measures and that is what we are trying to avoid, that things are Treated with the necessary Harmony , but with Respect to at least Respond.

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January 10, 2024, 12:42:43 PM
 #7411

BetFury has announced The 50th BFG Burning

Number of tokens burned:

— 2 500 000 BFG ($40 275) – Team Burned BFG tokens of the BetFury team
— 776 124  BFG ($12 503)– Gaming Burned BFG tokens from lost bets

The total amount of burned BFG tokens on the BSC (BEP-20) network from the 50th Tokens Burning session is 3 276 124 BFG.

Read more: https://betfury.ai/news/bfg-burning-50

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January 11, 2024, 02:50:58 AM
 #7412

BetFury has announced The 50th BFG Burning

Number of tokens burned:

— 2 500 000 BFG ($40 275) – Team Burned BFG tokens of the BetFury team
— 776 124  BFG ($12 503)– Gaming Burned BFG tokens from lost bets

The total amount of burned BFG tokens on the BSC (BEP-20) network from the 50th Tokens Burning session is 3 276 124 BFG.

Read more: https://betfury.ai/news/bfg-burning-50

Oh, the Betfury has already done the 50th anniversary of BFG burning. Unfortunately, it's still a useless event for BFG holders because these monthly BFG burnings have had almost no effect on the BFG price during these 4 years.
It's funny that they wrote the opposite in this announcement. However, it is enough to look at the BFG graph for the whole time to realize that they're being sly in this regard.

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January 11, 2024, 03:09:22 AM
 #7413

BetFury has announced The 50th BFG Burning

Number of tokens burned:

— 2 500 000 BFG ($40 275) – Team Burned BFG tokens of the BetFury team
— 776 124  BFG ($12 503)– Gaming Burned BFG tokens from lost bets

The total amount of burned BFG tokens on the BSC (BEP-20) network from the 50th Tokens Burning session is 3 276 124 BFG.

Read more: https://betfury.ai/news/bfg-burning-50

Oh, the Betfury has already done the 50th anniversary of BFG burning. Unfortunately, it's still a useless event for BFG holders because these monthly BFG burnings have had almost no effect on the BFG price during these 4 years.
It's funny that they wrote the opposite in this announcement. However, it is enough to look at the BFG graph for the whole time to realize that they're being sly in this regard.

Yeah these burnings are not having any effect on the BFG price at all; to have an effect, the burnings need to be at least 10 times bigger I think. The only thing it helps for is increasing the daily dividend for a couple of days, which is a nice effect even if the effect is not big.



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January 11, 2024, 02:57:06 PM
 #7414

BetFury has announced The 50th BFG Burning

Number of tokens burned:

— 2 500 000 BFG ($40 275) – Team Burned BFG tokens of the BetFury team
— 776 124  BFG ($12 503)– Gaming Burned BFG tokens from lost bets

The total amount of burned BFG tokens on the BSC (BEP-20) network from the 50th Tokens Burning session is 3 276 124 BFG.

Read more: https://betfury.ai/news/bfg-burning-50

Oh, the Betfury has already done the 50th anniversary of BFG burning. Unfortunately, it's still a useless event for BFG holders because these monthly BFG burnings have had almost no effect on the BFG price during these 4 years.
It's funny that they wrote the opposite in this announcement. However, it is enough to look at the BFG graph for the whole time to realize that they're being sly in this regard.
I'm not sure anyone still keeps this BFG token if there is no influence on the price even if they burn it, I think we haven't entered a bull market yet and I also want to see if apart from 4 years it will have an effect after entering a bull market which won't be long again will take place, currently the price of bitcoin and other cryptos are almost increasing due to the ETF effect, I haven't seen the BFG price again since some time ago.

I'm not a BFG token holder but many people complain about their prices not growing like other casino tokens, but fortunately BFG still exists, in fact most casino tokens are not progressing and even experiencing setbacks so they have no value at all which makes the tokens and casinos go bankrupt. Just because there is no development, I think holders need more time to wait until the bull market comes, if there is no change I think it might be surprising that there are still people holding this token.

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January 11, 2024, 03:56:32 PM
 #7415

BetFury has announced The 50th BFG Burning

Number of tokens burned:

— 2 500 000 BFG ($40 275) – Team Burned BFG tokens of the BetFury team
— 776 124  BFG ($12 503)– Gaming Burned BFG tokens from lost bets

The total amount of burned BFG tokens on the BSC (BEP-20) network from the 50th Tokens Burning session is 3 276 124 BFG.

Read more: https://betfury.ai/news/bfg-burning-50

Oh, the Betfury has already done the 50th anniversary of BFG burning. Unfortunately, it's still a useless event for BFG holders because these monthly BFG burnings have had almost no effect on the BFG price during these 4 years.
It's funny that they wrote the opposite in this announcement. However, it is enough to look at the BFG graph for the whole time to realize that they're being sly in this regard.

Yeah these burnings are not having any effect on the BFG price at all; to have an effect, the burnings need to be at least 10 times bigger I think. The only thing it helps for is increasing the daily dividend for a couple of days, which is a nice effect even if the effect is not big.
at least for now BFG still exists maintaining their token, there is not much hope for now even though the price graph doesn't look special they continue to provide information about the progress of their token & platform one day...

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January 11, 2024, 07:37:40 PM
 #7416

BetFury has announced The 50th BFG Burning

Number of tokens burned:

— 2 500 000 BFG ($40 275) – Team Burned BFG tokens of the BetFury team
— 776 124  BFG ($12 503)– Gaming Burned BFG tokens from lost bets

The total amount of burned BFG tokens on the BSC (BEP-20) network from the 50th Tokens Burning session is 3 276 124 BFG.

Read more: https://betfury.ai/news/bfg-burning-50

Oh, the Betfury has already done the 50th anniversary of BFG burning. Unfortunately, it's still a useless event for BFG holders because these monthly BFG burnings have had almost no effect on the BFG price during these 4 years.
It's funny that they wrote the opposite in this announcement. However, it is enough to look at the BFG graph for the whole time to realize that they're being sly in this regard.

Yeah these burnings are not having any effect on the BFG price at all; to have an effect, the burnings need to be at least 10 times bigger I think. The only thing it helps for is increasing the daily dividend for a couple of days, which is a nice effect even if the effect is not big.

I agree with you guys. Token burn does not affect the price of BFG. This coin has too much total supply. If BetFury burns millions of dollars worth of BFG, there will be a positive effect from it. I think BetFury realizes all of this. But they don't want to make BFG holders happy.

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January 11, 2024, 10:03:29 PM
 #7417

BetFury has announced The 50th BFG Burning

Number of tokens burned:

— 2 500 000 BFG ($40 275) – Team Burned BFG tokens of the BetFury team
— 776 124  BFG ($12 503)– Gaming Burned BFG tokens from lost bets

The total amount of burned BFG tokens on the BSC (BEP-20) network from the 50th Tokens Burning session is 3 276 124 BFG.

Read more: https://betfury.ai/news/bfg-burning-50

Oh, the Betfury has already done the 50th anniversary of BFG burning. Unfortunately, it's still a useless event for BFG holders because these monthly BFG burnings have had almost no effect on the BFG price during these 4 years.
It's funny that they wrote the opposite in this announcement. However, it is enough to look at the BFG graph for the whole time to realize that they're being sly in this regard.

Yeah these burnings are not having any effect on the BFG price at all; to have an effect, the burnings need to be at least 10 times bigger I think. The only thing it helps for is increasing the daily dividend for a couple of days, which is a nice effect even if the effect is not big.

I agree with you guys. Token burn does not affect the price of BFG. This coin has too much total supply. If BetFury burns millions of dollars worth of BFG, there will be a positive effect from it. I think BetFury realizes all of this. But they don't want to make BFG holders happy.
They need to do some better tactics for this because now their casino is doing good so with this advantage if they work on BFG marketing and other things which help in price increase surely this could be double advantage for them and their investors as well.

If they are not interested then surely having few exchanges can also bring good impact but again this all need better dedication and work, but they are lazy in this all and having nothing positive for this token in last few years which is really frustrating for the many.

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January 11, 2024, 11:32:46 PM
 #7418

Yeah these burnings are not having any effect on the BFG price at all; to have an effect, the burnings need to be at least 10 times bigger I think. The only thing it helps for is increasing the daily dividend for a couple of days, which is a nice effect even if the effect is not big.
Why would they affect the price if team is just burning tokens from their earmarked treasury. That doesn't show in any way in the charts because those tokens weren't circulating there. They were sitting in some wallet and there are lots of more to burn. Price of it is insignificant as they were never to be sold anyway. As long they don't directly buy the token from the markets and burn it, it won't affect on anything. Even that amount would have some effect. But by doing that team would actually lose that amount of money. Now they don't have to spend a penny. Even if those tokens are technically worth something, when they are earmarket and never to be sold anyway, what does it even matter?


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dwyane36
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January 12, 2024, 06:13:53 AM
 #7419

Why would they affect the price if team is just burning tokens from their earmarked treasury. That doesn't show in any way in the charts because those tokens weren't circulating there. They were sitting in some wallet and there are lots of more to burn. Price of it is insignificant as they were never to be sold anyway. As long they don't directly buy the token from the markets and burn it, it won't affect on anything. Even that amount would have some effect. But by doing that team would actually lose that amount of money. Now they don't have to spend a penny. Even if those tokens are technically worth something, when they are earmarket and never to be sold anyway, what does it even matter?

Exactly. If the Betfury team bought the same amount of BFG tokens on the market and then burned them, it would be more efficient than their current method of burning BFG tokens.
I don't know about you, but I personally don't like the fact that they wrote contradictory things in that announcement and actually misled users. That's not good.
Here is a quote from their announcement:

Quote
Over the 4 years of the platform's existence, we conducted 50 BFG Burnings. The total number of burned tokens reached 1 659 450 382 BFG! This had a positive impact not only on the tokeconomy, but also on the value of crypto. Since BFG is a limited resource, its value will continue to increase. Besides, we constantly tried to keep the balance between holders and developers to support the token.

Therefore, BFG Burnings are very useful and important. We hope that in the future our utility token will break all records and become one of the most valuable currencies in iGaming

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Taskford
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January 12, 2024, 03:10:21 PM
 #7420

Why would they affect the price if team is just burning tokens from their earmarked treasury. That doesn't show in any way in the charts because those tokens weren't circulating there. They were sitting in some wallet and there are lots of more to burn. Price of it is insignificant as they were never to be sold anyway. As long they don't directly buy the token from the markets and burn it, it won't affect on anything. Even that amount would have some effect. But by doing that team would actually lose that amount of money. Now they don't have to spend a penny. Even if those tokens are technically worth something, when they are earmarket and never to be sold anyway, what does it even matter?

Exactly. If the Betfury team bought the same amount of BFG tokens on the market and then burned them, it would be more efficient than their current method of burning BFG tokens.
I don't know about you, but I personally don't like the fact that they wrote contradictory things in that announcement and actually misled users. That's not good.
Here is a quote from their announcement:


Even though we can say that nothing will happen on those burnings they made especially if we look still its good that they do that instead of nothing. Maybe we can't expect more from BFG for now since I think they are in focus on other more important to them. But since they have mentioned about the utility maybe in upcoming month or year they might release its utility and can help a lot on its ecosystem then make the price of their token pump and for sure there's a lot of holders will be happy for that especially to those people wait for long time then want to see some good price action with this token.

For now either they mislead or not they should do something since if they keep delaying things that important to happen then provably people will show some disappointment regarding on their slow movements.

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