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[Eternad]

Token burned will not gonna impact the price if the tokens being burned doesn’t came from exchange orderbook or no one is already buying tokens on the exchange. Token is just an act to reduce total supply but not to pump the price because they just simply reduce total supply. Buy back and holder speculation towards it what makes token burn always subject for wrong misconceptions of price pump.

BFG token is still has a lot of reserve supply which can dump the price once it’s add in circulation and liquidated by the team or whoever it’s receiver. The current token burn is just part of casino reserved tokens coming from the player and the newly vested token. Token at this point is not noticeable since the emission rate of new tokens is much higher compared to the token burn amount.

I agree with you, and if the token continues to have an unlimited large supply its price can not recover any time soon from the look of the thing, the team are already looking away from the token development and promotion because of their recent reply does not mention anything regarding the token and if that be the case, it means it may take a long time to see any meaningful progress with this project.
-so going forward investors should stay clear from engaging with the token for now until it gains traction on an exchange or the casino fully adopt it as a royalty token.

This is always the case of gambling utility token. The team shifts their priority to the casino alone leaving the token price as a source of liquidity only for the casino. Betfury has a lot of players already which means they have huge profit while they are using BFG tokens for marketing then convert the casino profit to salary of employee and teams. There token burn is only from the reserve supply which means there’s no benefit BFG tokens from casino profit.

BFG has no distinct benefits for the token holders aside from staking that has a very low APY.

[piebeyb]

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[Wiwo]

This is always the case of gambling utility token. The team shifts their priority to the casino alone leaving the token price as a source of liquidity only for the casino. Betfury has a lot of players already which means they have huge profit while they are using BFG tokens for marketing then convert the casino profit to salary of employee and teams. There token burn is only from the reserve supply which means there’s no benefit BFG tokens from casino profit.

BFG has no distinct benefits for the token holders aside from staking that has a very low APY.

What I have noticed with most team is the fact that their don't take the time to research about token development and what is the right motive behind most tokens, for a token to have stable and sustained liquidity it need to have a strong usercase that will provide support for the token and also it must be available for collection via the casino.
-Aside from that any other mechanism will not work and can only reduce the token value.
-most casino tokens that we have does not have any difference from every other tokens in the market due to the fact that most casinos that develop their tokens always follow same pattern of ordinary token instead of being purely on utility for their casino.

[Easteregg69]

KenBf is still harassing chatters. He is fired!

[klidex]

I believe that no one will use the casino token if no one is playing on the casino. If they want to make their token exist for a long time, They should improve their casino to stay on par or at the level of those big casino. If their casino grows, The token will grow as well since it is one of the most accepted token in their platform. I can compared casino tokens to binance BNB, BNB really bloomed last bull market because on how successful Binance is and how good they marketed the token. I think that they should put extra effort and other utility just like BNB to grow big. It's hard to judge casino tokens but I don't think it will be easy on them.

A casino if you want to create and use their original tokens as a tool for betting or playing seems to be very difficult to develop and indeed as you said it takes a very long time and is a waste of time for the team that manages it. But here, from your opinion, which equates to the Binance BNB token, I disagree because there are many differences and in terms of usability and promotion, they cannot be equated because gambling tokens can only be used to play or bet on the gambling platform which has the token, while BNB can be used on various crypto buying and selling platforms and has the advantage of being an investment or trading tool.

[klarki]

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[len01]

token prices going pump or dump on the market are very common, especially during the current bearish season. but after I read your statement about BetFury still active in promoting their BFG token using money from their casino earnings, it's very amazing and chances are that BFG token will have a great boost in the upcoming bullish start.

if BetFury continues to improve anything for the betterment of its casino and its token, I have no doubt that BetFury and BFG will grow to be even more successful in the future.

i have high regards with their BFG token as this gambling site is still doing good despite of the competition in the market. you will doubt the longevity of their token if the site itself is finding hard to get their players. but looking at the activity of their site, they are still very active with regular promos from time to time. just take a look at their $150 free to play funfury battle and you will understand that they are getting good number of patrons on their site.

That's the thing, there has been other tries about this "casino token" thing before and none of them survived as long as this one did. And there is a reason for that, they gave enough attention towards the token as much as they did with the casino.

Look at the past 1 year and see how much campaigning they did just for the token and you will realize that maybe if they did that to the casino instead, they would have a huge casino, much bigger than this, but the token would be nothing by now. They managed to keep growing the casino but also keep the token alive on one of the worst bear runs in history, and in the next year or so they will reap the benefits of it.

After managing to survived during the downfall of crypto market, they are now ready to earn benefits from those loyal customers and investors who continue to follow them and supporting in this business we might see more possible offers from BetFury as they are really moving forward and they are surviving with the tough competitions in this industry.

They just need to keep working with gamblers who find the platform a good service and comfortable place to gamble.

maybe it's time for BetFury to upgrade its token and casino.
currently, BetFury is really working hard and passionate about growing their business and providing great deals for existing and new customers.
as we can see, after some period the BetFury development team focused on the value of BFG tokens and now the development team is providing good offers like the affiliate program recently published by BetFury representatives. it's one of the attractive offers and worthy of anyone interested in joining the affiliate program.

[Fivestar4everMVP]

token prices going pump or dump on the market are very common, especially during the current bearish season. but after I read your statement about BetFury still active in promoting their BFG token using money from their casino earnings, it's very amazing and chances are that BFG token will have a great boost in the upcoming bullish start.

if BetFury continues to improve anything for the betterment of its casino and its token, I have no doubt that BetFury and BFG will grow to be even more successful in the future.

i have high regards with their BFG token as this gambling site is still doing good despite of the competition in the market. you will doubt the longevity of their token if the site itself is finding hard to get their players. but looking at the activity of their site, they are still very active with regular promos from time to time. just take a look at their $150 free to play funfury battle and you will understand that they are getting good number of patrons on their site.

That's the thing, there has been other tries about this "casino token" thing before and none of them survived as long as this one did. And there is a reason for that, they gave enough attention towards the token as much as they did with the casino.

Look at the past 1 year and see how much campaigning they did just for the token and you will realize that maybe if they did that to the casino instead, they would have a huge casino, much bigger than this, but the token would be nothing by now. They managed to keep growing the casino but also keep the token alive on one of the worst bear runs in history, and in the next year or so they will reap the benefits of it.

After managing to survived during the downfall of crypto market, they are now ready to earn benefits from those loyal customers and investors who continue to follow them and supporting in this business we might see more possible offers from BetFury as they are really moving forward and they are surviving with the tough competitions in this industry.

They just need to keep working with gamblers who find the platform a good service and comfortable place to gamble.

maybe it's time for BetFury to upgrade its token and casino.
currently, BetFury is really working hard and passionate about growing their business and providing great deals for existing and new customers.
as we can see, after some period the BetFury development team focused on the value of BFG tokens and now the development team is providing good offers like the affiliate program recently published by BetFury representatives. it's one of the attractive offers and worthy of anyone interested in joining the affiliate program.

Well, I believe that if there be any need for an upgrade and the time is should happen, the team know and will take that action when the time is right for them to, currently, like you said, they must be working really hard currently on many things, to make sure the casino itself is running smoothly, you can agree with me that without the casino, there will be no BFG token..
So let's allow them do their thing.

[Fredomago]

token prices going pump or dump on the market are very common, especially during the current bearish season. but after I read your statement about BetFury still active in promoting their BFG token using money from their casino earnings, it's very amazing and chances are that BFG token will have a great boost in the upcoming bullish start.

if BetFury continues to improve anything for the betterment of its casino and its token, I have no doubt that BetFury and BFG will grow to be even more successful in the future.

i have high regards with their BFG token as this gambling site is still doing good despite of the competition in the market. you will doubt the longevity of their token if the site itself is finding hard to get their players. but looking at the activity of their site, they are still very active with regular promos from time to time. just take a look at their $150 free to play funfury battle and you will understand that they are getting good number of patrons on their site.

That's the thing, there has been other tries about this "casino token" thing before and none of them survived as long as this one did. And there is a reason for that, they gave enough attention towards the token as much as they did with the casino.

Look at the past 1 year and see how much campaigning they did just for the token and you will realize that maybe if they did that to the casino instead, they would have a huge casino, much bigger than this, but the token would be nothing by now. They managed to keep growing the casino but also keep the token alive on one of the worst bear runs in history, and in the next year or so they will reap the benefits of it.

After managing to survived during the downfall of crypto market, they are now ready to earn benefits from those loyal customers and investors who continue to follow them and supporting in this business we might see more possible offers from BetFury as they are really moving forward and they are surviving with the tough competitions in this industry.

They just need to keep working with gamblers who find the platform a good service and comfortable place to gamble.

maybe it's time for BetFury to upgrade its token and casino.
currently, BetFury is really working hard and passionate about growing their business and providing great deals for existing and new customers.
as we can see, after some period the BetFury development team focused on the value of BFG tokens and now the development team is providing good offers like the affiliate program recently published by BetFury representatives. it's one of the attractive offers and worthy of anyone interested in joining the affiliate program.

With affiliates they can bring more potential gamblers to play inside the casino, by using the platforms it can drive more passive benefits for the business, it can be a good domino effects if this affiliate marketing will work well for the site, I mean, if they can drive more traffics and those visit will be converted to a deposit from interested gamblers to start using BetFury, it only means that it will carry the BFG project.

For sure, it can be a good and big impact on the token's value along the way. Patient and positive mindsets will allow holders and
investors to earn better compensation while staking their coins.

[Odusko]

Well, I believe that if there be any need for an upgrade and the time is should happen, the team know and will take that action when the time is right for them to, currently, like you said, they must be working really hard currently on many things, to make sure the casino itself is running smoothly, you can agree with me that without the casino, there will be no BFG token..
So let's allow them do their thing.

There is a need for adequate policy analysis before implementation, and just as you have rightly stated no team jumps on any suggestion without adequate consultation before implementation no matter how crucial that is to the development of the casino.
BFG token was one such initiatives of the casino to diversify its resources, even though that project has not recorded any level of success compared to its sister agency which is the casino itself.
And it may still take a very long time before, this token can pick in market value, but the casino on the other side should limit the amount of total supply

[Fivestar4everMVP]

Well, I believe that if there be any need for an upgrade and the time is should happen, the team know and will take that action when the time is right for them to, currently, like you said, they must be working really hard currently on many things, to make sure the casino itself is running smoothly, you can agree with me that without the casino, there will be no BFG token..
So let's allow them do their thing.

There is a need for adequate policy analysis before implementation, and just as you have rightly stated no team jumps on any suggestion without adequate consultation before implementation no matter how crucial that is to the development of the casino.
BFG token was one such initiatives of the casino to diversify its resources, even though that project has not recorded any level of success compared to its sister agency which is the casino itself.
And it may still take a very long time before, this token can pick in market value, but the casino on the other side should limit the amount of total supply

You are absolutely correct, and I think that one of the major downside to casino tokens is that they usually lack use case, and that is why their value will either take a very long time to appreciate to a very noticeable amount, or might never increase at all.

Aside offering token holders the possibility to stake their token for dividends of commission, there is nothing else I see the token can be used for, even the ability to stake and earn profit isn't even a usecase, and speculative tokens without a huge community hardly give good profit to its holders, but anyways, let's see how BFG would perform in the coming year.

[SATWAT]

Is betfury.io down I am trying for some time, but it's not working every time I have messaged your request is rejected please anyone can give update about this all thanks.

[piebeyb]

Is betfury.io down I am trying for some time, but it's not working every time I have messaged your request is rejected please anyone can give update about this all thanks.

everything seems fine and I can access it, maybe there is a problem with your internet or maybe the government in your country has blocked the betfury site so you can't access it, try again to access it in a few minutes

[dwyane36]

You are absolutely correct, and I think that one of the major downside to casino tokens is that they usually lack use case, and that is why their value will either take a very long time to appreciate to a very noticeable amount, or might never increase at all.

Aside offering token holders the possibility to stake their token for dividends of commission, there is nothing else I see the token can be used for, even the ability to stake and earn profit isn't even a usecase, and speculative tokens without a huge community hardly give good profit to its holders, but anyways, let's see how BFG would perform in the coming year.

There are a lot of factors that can negatively affect the development of a gambling project. I think the problem with crypto-gambling platforms like Betfury is that big investors may not be interested in buying tokens at all because APY for staking is relatively small, while the risks are very high. Honestly, it's hard to imagine that any venture capital firm would decide to invest millions of dollars in tokens of some crypto-gambling project.

[wiss19]

I believe that no one will use the casino token if no one is playing on the casino. If they want to make their token exist for a long time, They should improve their casino to stay on par or at the level of those big casino. If their casino grows, The token will grow as well since it is one of the most accepted token in their platform. I can compared casino tokens to binance BNB, BNB really bloomed last bull market because on how successful Binance is and how good they marketed the token. I think that they should put extra effort and other utility just like BNB to grow big. It's hard to judge casino tokens but I don't think it will be easy on them.

I agree, that's why I said that they are promoting the token ALONG with the casino. Casino is the first priority and should always be improved and should always be cared about and all that, but that doesn't mean that we are going to end up with nothing at all neither, we are going to end up with something solid with the way things are, and that's an important distinction between what we have, and what we could have.

If they focus just on the casino, we won't have token too much but a little, if they focus on just the token, they will lose the casino and token will go with it. So yeah, priority is casino, but they need to care about them both at the same time just like how they have done so far.

[SATWAT]

Is betfury.io down I am trying for some time, but it's not working every time I have messaged your request is rejected please anyone can give update about this all thanks.

everything seems fine and I can access it, maybe there is a problem with your internet or maybe the government in your country has blocked the betfury site so you can't access it, try again to access it in a few minutes

Thanks for your update, but now it's working there was a temporary problem which is now settled.

[abel1337]

I believe that no one will use the casino token if no one is playing on the casino. If they want to make their token exist for a long time, They should improve their casino to stay on par or at the level of those big casino. If their casino grows, The token will grow as well since it is one of the most accepted token in their platform. I can compared casino tokens to binance BNB, BNB really bloomed last bull market because on how successful Binance is and how good they marketed the token. I think that they should put extra effort and other utility just like BNB to grow big. It's hard to judge casino tokens but I don't think it will be easy on them.

A casino if you want to create and use their original tokens as a tool for betting or playing seems to be very difficult to develop and indeed as you said it takes a very long time and is a waste of time for the team that manages it. But here, from your opinion, which equates to the Binance BNB token, I disagree because there are many differences and in terms of usability and promotion, they cannot be equated because gambling tokens can only be used to play or bet on the gambling platform which has the token, while BNB can be used on various crypto buying and selling platforms and has the advantage of being an investment or trading tool.

Yep, As of now there are a very limited use of casino tokens but maybe soon they will add new utilities to it for it to be alluring and more effective to the market. On the early phase of Binance token BNB, They also have a limited utilities. As far as I remember, Binance is doing hard core promotions on their token BNB. They are offering trading fee discount if you use BNB on their futures trade. I don't know if they are still doing it but I remember that they are promoting it hard and the utility of BNB that time is not that much compared what we have today. There could be few utilities for casino token like using it to be a VIP on a casino, have a priority customer support or having an exclusive promotion to those who have the casino coin. We don't know yet but I believe that it would be hard for those casino to implement things right.

[o48o]

Yep, As of now there are a very limited use of casino tokens but maybe soon they will add new utilities to it for it to be alluring and more effective to the market. On the early phase of Binance token BNB, They also have a limited utilities. As far as I remember, Binance is doing hard core promotions on their token BNB. They are offering trading fee discount if you use BNB on their futures trade. I don't know if they are still doing it but I remember that they are promoting it hard and the utility of BNB that time is not that much compared what we have today. There could be few utilities for casino token like using it to be a VIP on a casino, have a priority customer support or having an exclusive promotion to those who have the casino coin. We don't know yet but I believe that it would be hard for those casino to implement things right.

Difference being that BNB token (which was erc20 at the start) had a whitepaper with specific plans for the future the start. They didn't invent them as they go. It wasn't going to be just an exchange token but a coin with its own blockchain. While BFG still has no specific future plans that i can see. Even the roadmap has ended. Yeah there could be some gimmicks they could implement into it but so far they haven't really confirmed any specific plans.

I mean it's ok to dream and shill for the token you are holding but BNB and BFG were never comparable even in the terms you describe. Binance had a doxxed CEO from the start. BFG has chosen whole other way.

[klarki]

Even the roadmap has ended. Yeah there could be some gimmicks they could implement into it but so far they haven't really confirmed any specific plans.

So I do not know what to expect from this token. They should have closed the BFG token mining option last year, but instead they increased the cost of mining and extended the mining period. You can read more about their solution here. Such decisions indicate that they themselves do not know how to add utility to their asset.

[o48o]

So I do not know what to expect from this token. They should have closed the BFG token mining option last year, but instead they increased the cost of mining and extended the mining period. You can read more about their solution here. Such decisions indicate that they themselves do not know how to add utility to their asset.

Seriously, i didn't know they had plan to stop it then, as that doesn't show up in voting options. Or is that your opinion that they should have done that?

But since it's now 53 months (4.4 years) more mining, they most likely don't need to do any new plans for the token until mining is over. This waiting is just pure agony. This has so much potential if there only would be decent game theory planning involved. But i guess that's not interesting to the team as it doesn't matter to them what's the token worth.