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[CryptoNika]

BTW do we have a specific date on the listing, BSW already has Certik audit certification the time is ripe now.

not yet. Apparently the Certik was a day delayed and they need to replan some things? At least that was what I read in Telegram.

Might be an exciting day with both sports and listing..... but it also might be another week of waiting . We just don't know.
But I'd rather have them do it right than rush it....

(oh.. and sports first please )

[UserU]

I don't think that the activity will drop on the site because of the listing. Why would people stop mining, as the more they mine, the more dividend they receive.
Even if you buy some coins on the exchange for the dividend, a lot of players will also gamble with these dividends.

Exactly. In fact, it brings in more players to park their tokens there, perhaps chill and enjoy the dividends pouring in.

[iv4n]

I don't think that the activity will drop on the site because of the listing. Why would people stop mining, as the more they mine, the more dividend they receive.
Even if you buy some coins on the exchange for the dividend, a lot of players will also gamble with these dividends.

Exactly. In fact, it brings in more players to park their tokens there, perhaps chill and enjoy the dividends pouring in.

Most of us will "park" our tokens on site, and yes we will get dividend payouts from that! We can assume that most of the tokens will stay locked, so there will not be so many tokens in circulation! One of the things that will affect the price!

I believe I will buy more tokens if the price drops under the mining price, and at the same time, I will continue to mine tokens! Having more tokens means higher dividends payouts, when we keep mining or buying tokens we can make sure that daily payouts will not drop down drastically!

[CryptoNika]

Listing is not today (Steve / CEO said so in Telegram chat)

Beware of scammers claiming it is listed and pointing to scam coin

[robelneo]

I believe I will buy more tokens if the price drops under the mining price, and at the same time, I will continue to mine tokens! Having more tokens means higher dividends payouts, when we keep mining or buying tokens we can make sure that daily payouts will not drop down drastically!

Listing on the exchange creates many options for BFG users I would do the same if it drops, BFG players have different characters, there are players who are going to sell some of their tokens regardless of the buy order, and there are players who want to add more so they continue to make passive income, let's see what price the token price will be, there are players even predicting $1 I would love that to happen but quite unrealistic.

[klarki]

......  let's see what price the token price will be, there are players even predicting $1 I would love that to happen but quite unrealistic.

Why don't others understand this?

Judging by this information:




1 BFG = 0,06525$

But I'm afraid we won't see this price either. The market will put everything in its place)
 

[TopTort777]

there are players even predicting $1 I would love that to happen but quite unrealistic.

I've played dice with 2 cents autobet. Managed to lose around 3 bucks that I've got from staking, but got 57 BFG in return. If the token would cost $1, it will be an easy 54 bucks for me. I dont this will ever happen and betfury wont allow such easy earnings. Quite unrealistic indeed. I would be happy to sell my 1000+ BFG into 1000 bucks, but I'm a realist.

[CryptoNika]

there are players even predicting $1 I would love that to happen but quite unrealistic.

I've played dice with 2 cents autobet. Managed to lose around 3 bucks that I've got from staking, but got 57 BFG in return. If the token would cost $1, it will be an easy 54 bucks for me. I dont this will ever happen and betfury wont allow such easy earnings. Quite unrealistic indeed. I would be happy to sell my 1000+ BFG into 1000 bucks, but I'm a realist.

little over $0.05 / BFG sounds about right.
I guess the price will be between $0.01 and 0.05-ish (at the start)

[klarki]

Sports Betting is coming!)

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I was in a hurry again.

Sports Betting Grand Opening

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[BetFury.io]

​⚽️  Ready, Steady, Gooo!  ⚽️
Sports Betting Grand Opening

So let the fun begin! 🏁

Over 80 Sports and more than
50 000 Live Events in one place

https://betfury.io/

Grab your drinks and enjoy placing bets with:

🏀Best games with the highest odds
🏀Exclusive Promotions
🏀Referral bonuses & Staking rewards

Follow Sports Betting social networks
to stay tuned for hot news:
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[onecall123]

there are players even predicting $1 I would love that to happen but quite unrealistic.

I've played dice with 2 cents autobet. Managed to lose around 3 bucks that I've got from staking, but got 57 BFG in return. If the token would cost $1, it will be an easy 54 bucks for me. I dont this will ever happen and betfury wont allow such easy earnings. Quite unrealistic indeed. I would be happy to sell my 1000+ BFG into 1000 bucks, but I'm a realist.

So many impatient people comes with unrealistic prediction. It's better go through with technical idea, that would be great. Here, we only can speculate but that should realistic. I was thinking of doing that, but it's really hard to predict right now.

Another great job by BetFury team. Finally Sports Betting is on the BetFury. This will attract a whole new breed of gamblers. This is just beginning, more to come.

[TopTort777]

I have caught myself thinking that betfury.io starts to look like stake.com
Now they have added betting, the slots are almost identical. Great, because my internet provider blocks stake.com and now thanks to staking, I always have small balance that I dont worry to lose while making bets.

[CryptoNika]

there are players even predicting $1 I would love that to happen but quite unrealistic.

I've played dice with 2 cents autobet. Managed to lose around 3 bucks that I've got from staking, but got 57 BFG in return. If the token would cost $1, it will be an easy 54 bucks for me. I dont this will ever happen and betfury wont allow such easy earnings. Quite unrealistic indeed. I would be happy to sell my 1000+ BFG into 1000 bucks, but I'm a realist.

So many impatient people comes with unrealistic prediction. It's better go through with technical idea, that would be great. Here, we only can speculate but that should realistic. I was thinking of doing that, but it's really hard to predict right now.

Another great job by BetFury team. Finally Sports Betting is on the BetFury. This will attract a whole new breed of gamblers. This is just beginning, more to come.

There are many things in play we need to take into consideration:

- mining cost.
at this moment this is around 0.05$ I think. In the past this was (way) cheaper. So there are milions of BFG out there that were mined for much less.

- div payments
this is fairly stable at the moment at 0.08$ / 1000 BFG.
however, we just received sports betting which could mean an increase. Furthermore, for BFG to be tradable, there would need to be Liquidity on the exchanges. So this means less BFG staked, which means more div.

- APR of staking on Betfury.
taking the current mining cost and div payments, we are looking at around 58.4% APR.
However, this can easily increase by a lot if BFG is leaving the staking pool and entering liquidity pool.


Main question is (I think); what APR are people looking for when staking on Betfury?
100% would sound reasonable I think.
What's needed for that?
well, currently around 1.2bil BFG is staked. 20% outflow would mean 240mil BFG liquidity
This would already get you 100%  when BFG is 0.035$ AND div pool payment stays the same.
The aforementioned $0.06525 would be 53.7% APR for current div pool payments (with 20% outflow)

Then there will be the liquidity pool which will give rewards to people. There will be pure specalation and trading of the coin, so who knows what the price will become. But.... because mining has a certain cost I think that will counterbalance price movements (BFG too cheap; people buy. BFG too expensive, people mine and sell)

for me, any price below 0.035 is a buy for sure.
the sell price I'm not sure about yet

[CryptoNika]

​⚽️  Ready, Steady, Gooo!  ⚽️
Sports Betting Grand Opening

So let the fun begin! 🏁

Over 80 Sports and more than
50 000 Live Events in one place

https://betfury.io/

Grab your drinks and enjoy placing bets with:

🏀Best games with the highest odds
🏀Exclusive Promotions
🏀Referral bonuses & Staking rewards

Follow Sports Betting social networks
to stay tuned for hot news:
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Awesome!

[LUCKMCFLY]

there are players even predicting $1 I would love that to happen but quite unrealistic.

I've played dice with 2 cents autobet. Managed to lose around 3 bucks that I've got from staking, but got 57 BFG in return. If the token would cost $1, it will be an easy 54 bucks for me. I dont this will ever happen and betfury wont allow such easy earnings. Quite unrealistic indeed. I would be happy to sell my 1000+ BFG into 1000 bucks, but I'm a realist.

So many impatient people comes with unrealistic prediction. It's better go through with technical idea, that would be great. Here, we only can speculate but that should realistic. I was thinking of doing that, but it's really hard to predict right now.

Another great job by BetFury team. Finally Sports Betting is on the BetFury. This will attract a whole new breed of gamblers. This is just beginning, more to come.

In my bets I always prefer to make them with pennies on the dollar, so I have more opportunity, on the other hand when I make bets with only 1 usd it seems too risky and easy to lose because it is very easy to reach 10usd, unless you are very lucky, and speaking of Luck, I want to try it with Betfury sports betting, the fact that they already have sports betting is because things are going very well, great job they do.

[tygeade]

-snip-

Really good advice! 
Over the course of many years of working in the crypto industry, I have also come across a huge number of fraudulent schemes. 
I don't even understand where so many educated in programming and so not honest people come from  ... As soon as BetFury.io develops stronger, a bastard will appear who will make a fake site. 

As for BFG mining, I think this is a good option for players and obviously it attracts some of the players.

Well, it comes from the fact that $100 is actually a whole month's salary for some people, think about it this way, there are people who are college students in some third world nations, we are talking about like 200-300 dollars as whole month's salary for adults there, and this kid who knows how to code things can make 100 bucks per month just with one scam, it is seriously a lot.

Just the other day someone offered me $1000 for developing something similar for them, I could have taken it and not developed for them and that would be like a good salary for 2 months for me and I am a married person in a decent economy nation, think about someone in poor nation with bad economy, $1000 could be 10 months of life for them. So, it is definitely "profitable" to be bad person, no matter how much we dislike the situation it is unfortunately true.

[RealMalatesta]

I don't think that the activity will drop on the site because of the listing. Why would people stop mining, as the more they mine, the more dividend they receive.
Even if you buy some coins on the exchange for the dividend, a lot of players will also gamble with these dividends.

I don't think that either, people are playing on gambling site for fun and to win big times, I don't believe the majority of players are playing because of mining BFG alone, they will keep on playing, there is a lot of jackpot to be won and, on the drop rate of players playing, we'll have to see that, the developers keep checking the data and create new rules to make it sustainable in a long haul.

BTW do we have a specific date on the listing, BSW already has Certik audit certification the time is ripe now.

You would think so but there was another website (I do not name it and sound like shilling), and that place had a ton of people gambling there, literally millions of dollars were gambled within the first few months and then when they got listed on binance dex, everything stopped and the amount gambled became so little that you would have to spend 20 thousand dollars to earn 100 bucks per week. That is why I think there is a problem about the fact that when the dividend gets lower and lower because people can earn their BFG by just buying it instead of spending time on it, or risk more money for it, then people just prefer that way and that is why I think there is a risk for betfury as well.

I am not saying that the same thing will happen here, I am just saying that we are may end up with the same problem in the end and there is no guarantee.

[babygun]

​⚽️  Ready, Steady, Gooo!  ⚽️
Sports Betting Grand Opening

So let the fun begin! 🏁

Over 80 Sports and more than
50 000 Live Events in one place

https://betfury.io/

Grab your drinks and enjoy placing bets with:

🏀Best games with the highest odds
🏀Exclusive Promotions
🏀Referral bonuses & Staking rewards

Follow Sports Betting social networks
to stay tuned for hot news:
https://betfury.io/news/sports-betting

Great news! And the perfect timing with the start of EURO 2020. I love sports betting and if the odds are OK, I will probably stick to Betfury. Too bad that it doesn't count to mine BFG tokens but you can't have it all.

[robelneo]

You would think so but there was another website (I do not name it and sound like shilling), and that place had a ton of people gambling there, literally millions of dollars were gambled within the first few months and then when they got listed on binance dex, everything stopped and the amount gambled became so little that you would have to spend 20 thousand dollars to earn 100 bucks per week. That is why I think there is a problem about the fact that when the dividend gets lower and lower because people can earn their BFG by just buying it instead of spending time on it, or risk more money for it, then people just prefer that way and that is why I think there is a risk for betfury as well.

I am not saying that the same thing will happen here, I am just saying that we are may end up with the same problem in the end and there is no guarantee.

I want to know the name of the website so we can make a comparison, we are all speculating honestly I'm not aware of the site and you are not going to shill it or you can pm me if you have the time.
I like CryptoNika's analysis so people who are predicting 25 cents and higher are going to lose in the prediction game, hopefully, we'll get better once we get in the market, I'm sure there will be a lot of chances to make it sustainable and profitable for developers and players.

[BitcoinHunt3r]

​⚽️  Ready, Steady, Gooo!  ⚽️
Sports Betting Grand Opening


Follow Sports Betting social networks
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Great news! And the perfect timing with the start of EURO 2020. I love sports betting and if the odds are OK, I will probably stick to Betfury. Too bad that it doesn't count to mine BFG tokens but you can't have it all.

I've checked and the betting options are very complete the betfury team works based on the roadmap this is really cool
Unfortunately cashback and mining is not available for sports betting they only provide 1.5% referral bonus and rank bonuses
Btw we are waiting for the promotional bonus, if it is available