FanEagle
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Crypto Casino and Sportsbook
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July 27, 2022, 07:24:47 PM |
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Indeed Binance will be a trampoline for BFG price, but Binance or exchanges of such calibre does not usually list casino tokens. At least I havent heard such. Listing on Binance is easy, there is an instruction how to do it on Binance. Fill the form, make a donation (pay fee) and wait for listing. If BetFury wanted to get listen on Binance, they could have dont long time ago. I believe they have all the necessary resources to do that. Problem is CEX dont usually list gambling tokens.
There is a reason why they do not list these companies or tokens like that because there isn't one that has been going as long as it has been for betfury. Normally when we see something like this that means we are talking about a casino that created a token and then failed and didn't make it. Betfury on the other hand is still dealing with it, sure maybe it is not like a huge giant top 10 type of deal, it is not as good as it gets, but it is good and that means we are talking about Binance finally taking a look into it. They didn't list a memecoin before they did one neither, or they didn't list X before they did, it is always an example. This is why I believe that it could eventually happen.
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Unsoldier
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Activity: 1820
Merit: 1402
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July 27, 2022, 08:05:28 PM |
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BetFury opened the Voting for BFG Mining Price IncreaseBetfury launched community voting to contribute BFG tokenomics and impact a more stable APR for staking. Three voting options are available: - Increase by 5 times - Increase by 3 times - Leave the price unchanged Warning: only users from Rank 2 can participate in voting. Voting will last until August 3 2022, 12:00 UTC Read all the terms and conditions and vote here: https://betfury.io/mining-voting
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babygun
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July 27, 2022, 09:06:41 PM |
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BetFury opened the Voting for BFG Mining Price IncreaseBetfury launched community voting to contribute BFG tokenomics and impact a more stable APR for staking. Three voting options are available: - Increase by 5 times - Increase by 3 times - Leave the price unchanged Warning: only users from Rank 2 can participate in voting. Voting will last until August 3 2022, 12:00 UTC Read all the terms and conditions and vote here: https://betfury.io/mining-voting Interesting, I can't vote as I am still rank 1, but I am curious what other members think here? As we are close to the maximum cap, it might be interesting to increase the mining price (3x or 5x I don't really care). The APR is right now pretty good, so hopefully it can stay that way.
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TopTort777
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Activity: 2408
Merit: 1476
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July 28, 2022, 11:39:23 AM |
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Interesting, I can't vote as I am still rank 1, but I am curious what other members think here?
Curently, voting results looks like this: Increase by 5 times - 49.16% Increase by 3 times - 25.84% Leave the price unchanged - 25.00% There are 6 more days of voting, but I think the results wont change much. I have voted for an option "Increase by 5 times", as I believe this will help token value to go maximum up. I dont understand why people wish to keep mining price unchanged, because it will closer the moment when they wont get any BFG for gambling.
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dwyane36
Legendary
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July 28, 2022, 02:04:24 PM |
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There are 6 more days of voting, but I think the results wont change much. I have voted for an option "Increase by 5 times", as I believe this will help token value to go maximum up. I dont understand why people wish to keep mining price unchanged, because it will closer the moment when they wont get any BFG for gambling.
I doubt these changes will significantly affect the price of the BFG token. To be honest, I don't share Betfury's idea of increasing the price of mining and stretching the mining process by as much as 32 or 53 months. All the BFG tokens will be mined anyway, and it seems to me that it would be better if this happened in 3 months, not in a few years. Obviously, if new BFG tokens are no longer entering the market, it should provoke an increased demand because users will be forced to buy BFG for staking and gambling.
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coinerer
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July 28, 2022, 02:22:56 PM |
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There are 6 more days of voting, but I think the results wont change much. I have voted for an option "Increase by 5 times", as I believe this will help token value to go maximum up. I dont understand why people wish to keep mining price unchanged, because it will closer the moment when they wont get any BFG for gambling.
I doubt these changes will significantly affect the price of the BFG token. To be honest, I don't share Betfury's idea of increasing the price of mining and stretching the mining process by as much as 32 or 53 months. All the BFG tokens will be mined anyway, and it seems to me that it would be better if this happened in 3 months, not in a few years. Obviously, if new BFG tokens are no longer entering the market, it should provoke an increased demand because users will be forced to buy BFG for staking and gambling. I liked there idea. if all BFG token has been mined already then, BFG token price can increase a lot. I think now is a best time to buy BFG and hold and if we stake BFG token then it is also profile because Betfury team still paying high staking bonus on there gambling site. they still paying multiple coins for staking. It is really good opportunity for us
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Unsoldier
Legendary
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Activity: 1820
Merit: 1402
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July 28, 2022, 03:52:36 PM |
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Interesting, I can't vote as I am still rank 1, but I am curious what other members think here?
... I dont understand why people wish to keep mining price unchanged, because it will closer the moment when they wont get any BFG for gambling. I think people just want to get all the tokens quickly and sell them. They don't look to the future, it's hard for them to hodl. And when all these people sell their BFG, the token price will go to the moon. I hope so.
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UserU
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July 28, 2022, 04:58:32 PM |
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I think people just want to get all the tokens quickly and sell them. They don't look to the future, it's hard for them to hodl. And when all these people sell their BFG, the token price will go to the moon. I hope so. At least 99.9% do. Realistically we won't see it going beyond 2-digits (cents) because its use case is limited to the casino itself.
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dimonstration
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July 28, 2022, 05:11:54 PM |
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There are 6 more days of voting, but I think the results wont change much. I have voted for an option "Increase by 5 times", as I believe this will help token value to go maximum up. I dont understand why people wish to keep mining price unchanged, because it will closer the moment when they wont get any BFG for gambling.
I doubt these changes will significantly affect the price of the BFG token. To be honest, I don't share Betfury's idea of increasing the price of mining and stretching the mining process by as much as 32 or 53 months. All the BFG tokens will be mined anyway, and it seems to me that it would be better if this happened in 3 months, not in a few years. Obviously, if new BFG tokens are no longer entering the market, it should provoke an increased demand because users will be forced to buy BFG for staking and gambling. Maybe they want to extend the mining feature because it's one of the limited utility of BFG tokens aside from using it to gamble on the site. And also it can decrease the sell pressure in the market coming from newly mined tokens. This is the typical thinking of investors which Betfury just wanto conside by increasing the mining price. There is a voting process so the result will always be in favor to the majority preferences. But for me I do like to end the minting process as much as possible before I start accumulating again this tokens on exchange.
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LUCKMCFLY
Legendary
Online
Activity: 2520
Merit: 1870
Leading Crypto Sports Betting & Casino Platform
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July 28, 2022, 05:24:43 PM |
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This is why it's quite important to make sure that you are doing the right thing. This doesn't change the fact that BFG is a good one and the results are still different coins gotten from the dividends, but you get to decide the afterwards. For example, if you decide to sell all of them and get BFG, that wouldn't be a bad idea at all, or if you decide to keep it, keep it long enough to see prices go up and it's bull time, don't sell right now.
Very im[ortant before you pick side either to go and invest your money into staking coin like BFG or to use other alternative while the market is still down, it's true that you have options to diversify, and it's very crucial in terms of choosing the right asset to use for your investment, there are many available assets and it's your good research that will allow you pick the right one. Don't sell your coin if the market is declining, if you are aiming for the benefits, it's better to keep it and that's the good catch with staking coin like BFG you can hold and earn passively while waiting for the bull to come back. Well as for BFG it is always good to have plenty of options, in my case I have always liked to keep everything in staking mode and try to play on Betfury trying to multiply the BFG tokens, I know that at any moment the BTC market will rise in price , and cosigo will bring that many tokens including BFG and altcoins will grow in price, this is something that will happen, what is not known is when, but right now you have to be smart, that is, own everything you can in these toekns and in the dividends that are generated, everything is profit if we take the account that adds more, not decreases, at least that is my thought. There are 6 more days of voting, but I think the results wont change much. I have voted for an option "Increase by 5 times", as I believe this will help token value to go maximum up. I dont understand why people wish to keep mining price unchanged, because it will closer the moment when they wont get any BFG for gambling.
I doubt these changes will significantly affect the price of the BFG token. To be honest, I don't share Betfury's idea of increasing the price of mining and stretching the mining process by as much as 32 or 53 months. All the BFG tokens will be mined anyway, and it seems to me that it would be better if this happened in 3 months, not in a few years. Obviously, if new BFG tokens are no longer entering the market, it should provoke an increased demand because users will be forced to buy BFG for staking and gambling. Maybe they want to extend the mining feature because it's one of the limited utility of BFG tokens aside from using it to gamble on the site. And also it can decrease the sell pressure in the market coming from newly mined tokens. This is the typical thinking of investors which Betfury just wanto conside by increasing the mining price. There is a voting process so the result will always be in favor to the majority preferences. But for me I do like to end the minting process as much as possible before I start accumulating again this tokens on exchange. Well, I am one of those who believe that the mining part is much better, however I know that the team evaluates each event to see which can be much more profitable and which can be better in the long term, this is something that can be studied and I believe That the community can also be given a voice and a vote, one of the things for which the BFG token has been so successful is because the casino has met very good expectations and its success is largely due to the community, You only have to see that the number of people who are on their telegram channels is something impressive.
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lixer
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July 28, 2022, 06:18:11 PM |
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Listing in smaller exchanges is also good as they can see the sentiments of the traders towards their token. However, it is no doubt that if it is listed in binance, the interest may change and may affect its price. But, as it sits right now, binance listing is no easy feat, unless, the exchange is seeing a massive demand for their token. For the moment, better devote their activities to further sustain the interest of their players. Because the important thing is they are surviving and generating income to compete with other casinos & bookies.
Listing on a smaller place is much better, they do not expect as much as they used to, right now this is doing a lot better. This is why I believe that if you list on a smaller place then it would mean that they could actually get off with a lot less place and that would be much better. I believe that we shouldn't be really shocked to learn the current situation. For the first time in history probably, something smaller and "worse" is a lot better. If you get listed on binance directly then the requirements would be a lot worse, but if you end up getting listed in a smaller place then you would be doing a lot better and it would result with you filling those requirements a lot better and quicker.
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babygun
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July 28, 2022, 10:46:12 PM |
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Listing in smaller exchanges is also good as they can see the sentiments of the traders towards their token. However, it is no doubt that if it is listed in binance, the interest may change and may affect its price. But, as it sits right now, binance listing is no easy feat, unless, the exchange is seeing a massive demand for their token. For the moment, better devote their activities to further sustain the interest of their players. Because the important thing is they are surviving and generating income to compete with other casinos & bookies.
Listing on a smaller place is much better, they do not expect as much as they used to, right now this is doing a lot better. This is why I believe that if you list on a smaller place then it would mean that they could actually get off with a lot less place and that would be much better. I believe that we shouldn't be really shocked to learn the current situation. For the first time in history probably, something smaller and "worse" is a lot better. If you get listed on binance directly then the requirements would be a lot worse, but if you end up getting listed in a smaller place then you would be doing a lot better and it would result with you filling those requirements a lot better and quicker. I don't fully agree. What is the real benefit of getting listed on small exchanges with a very low volume? If you have a token that you want to get listed, you always need to aim high and try to get listed on the places with a high amount of volume.
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dwyane36
Legendary
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Activity: 2968
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July 29, 2022, 08:40:08 PM |
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I don't fully agree. What is the real benefit of getting listed on small exchanges with a very low volume? If you have a token that you want to get listed, you always need to aim high and try to get listed on the places with a high amount of volume.
There is no benefit from listing on small exchanges. As an example, the BFG token is already traded on smaller centralized exchanges such as hotbit, cointiger, and coinsbit. The problem is that listing on these exchanges turned out to be absolutely useless because there is minimal activity and no liquidity. However, even if the BFG is someday added to one of the top exchanges, it won't guarantee a huge volume. I mean, the developers' actions are also crucial since it depends first of all on them whether there will be an increased demand for the token or not.
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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el kaka22
Legendary
Online
Activity: 3626
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
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July 29, 2022, 09:03:17 PM |
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I am not a staff of this company, which means that there are two possibilities when there is a voting going on. First of all it could be something like "team wants more money in their pockets" or it would be "team thinks this is better for the future of the project".
I cannot see how this could fill the pockets of the staff, which means that this is entirely based on how the team wants to actually do some good for us, and they are improving what they are doing and making the project better. This is why I believe that this voting should be basically all based on what they think is the best, as long as it doesn't provide them directly, how could they harm it or want to harm it?
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Fredomago
Legendary
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Leading Crypto Sports Betting & Casino Platform
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July 30, 2022, 06:56:25 AM |
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I don't fully agree. What is the real benefit of getting listed on small exchanges with a very low volume? If you have a token that you want to get listed, you always need to aim high and try to get listed on the places with a high amount of volume.
There is no benefit from listing on small exchanges. As an example, the BFG token is already traded on smaller centralized exchanges such as hotbit, cointiger, and coinsbit. The problem is that listing on these exchanges turned out to be absolutely useless because there is minimal activity and no liquidity. However, even if the BFG is someday added to one of the top exchanges, it won't guarantee a huge volume. I mean, the developers' actions are also crucial since it depends first of all on them whether there will be an increased demand for the token or not. Developers and the community needs to back it up if ever one day the coin got listed to big exchange like binance, adding it is not going to end their there's a need of movement to bring new interest, traders and investors are everywhere they just needed to be aware on what the potential a project can bring to their investment. though with how we witness those coins that being added to this established centralized exchange and how they engage with potential investors, there's a big impact on this asset if the team succeeds adding this coin in binance.
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Sensetive03
Newbie
Offline
Activity: 43
Merit: 0
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July 30, 2022, 07:32:25 AM |
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they do all duels with bfg tokens. This lowers the value of the token. They are constantly distributing tokens in exchange for dollars.
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babygun
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July 30, 2022, 09:04:49 AM |
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I am not a staff of this company, which means that there are two possibilities when there is a voting going on. First of all it could be something like "team wants more money in their pockets" or it would be "team thinks this is better for the future of the project".
I cannot see how this could fill the pockets of the staff, which means that this is entirely based on how the team wants to actually do some good for us, and they are improving what they are doing and making the project better. This is why I believe that this voting should be basically all based on what they think is the best, as long as it doesn't provide them directly, how could they harm it or want to harm it?
If the APR increases with the changes, than both the players and the team will benefit from it. The team still owes a large amount of BFG tokens (they release every month some tokens that get burned). It is good to see that the team is still active and try to do things that will benefit the community.
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FanEagle
Legendary
Offline
Activity: 2968
Merit: 1123
Crypto Casino and Sportsbook
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July 30, 2022, 04:15:02 PM |
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The moment you realize that burned ones weren't public anyway, is the moment we realize it is not going to change the price much. BFG token is something extraordinary in the sense that the ordinary is the places that have tokens usually end up with a loss, and that is why they are gone. Most casinos who create tokens end up giving that to the people and just leaving the casino as it is.
When you do not make the money that a normal casino owner would, and you make back only a little because rest goes to dividends, then it becomes a problem to spend money on marketing, at least not a big budget, or you have to sell your own tokens to pay for it, which is a big no no. This system failed so far, only betfury managed to make it work.
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smartaction
Legendary
Offline
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
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July 30, 2022, 04:24:19 PM |
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I am not a staff of this company, which means that there are two possibilities when there is a voting going on. First of all it could be something like "team wants more money in their pockets" or it would be "team thinks this is better for the future of the project".
I cannot see how this could fill the pockets of the staff, which means that this is entirely based on how the team wants to actually do some good for us, and they are improving what they are doing and making the project better. This is why I believe that this voting should be basically all based on what they think is the best, as long as it doesn't provide them directly, how could they harm it or want to harm it?
If the APR increases with the changes, than both the players and the team will benefit from it. The team still owes a large amount of BFG tokens (they release every month some tokens that get burned). It is good to see that the team is still active and try to do things that will benefit the community. The Betfury team has been burning some of their tokens every month. And constantly they are giving high quality rewards to their customers and token holders. It looks really good. And I think they need to increase their token burning to have a big positive impact on their token price.
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dwyane36
Legendary
Offline
Activity: 2968
Merit: 2118
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July 30, 2022, 11:14:30 PM |
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When you do not make the money that a normal casino owner would, and you make back only a little because rest goes to dividends, then it becomes a problem to spend money on marketing, at least not a big budget, or you have to sell your own tokens to pay for it, which is a big no no. This system failed so far, only betfury managed to make it work.
It's worth noting that the Betfury developers initially allocated 10% of the total number of BFG tokens for marketing. It is 500 million BFG tokens or about $7.8 million if you consider the current price of the BFG token. It seems to me such a budget for marketing is quite a lot, especially for a crypto-gambling project. At the same time, Betfury has already made good progress since its launch, and it would be interesting to know how much the Betfury team has already spent on promoting its project.
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