babygun
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February 11, 2023, 11:35:04 PM Last edit: February 11, 2023, 11:47:12 PM by babygun |
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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.
They didn't have any plans to stop it and it is not really fair to blame the team as they asked their players what to do for the mining and the majority wanted to extended the mining. Lets give some them some time also; till date they haven't really disappointed us (except for not updating the roadmap) and I am pretty sure they have plans on what to do after the mining is over.
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BetFury.io (OP)
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February 13, 2023, 10:58:01 AM |
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KenBf is still harassing chatters. He is fired!
Could you describe your issue? We will try to help you. Thank you for your time.
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delfastTions
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February 14, 2023, 10:04:46 AM |
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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. I think that the Betfury devs are well aware of the problems that can be with the circulation and issue of BFG tokens. And such a decision to extend the staking of tokens obviously has good reasons for such a decision. One of the possible arguments for extending staking, as I understand it, is due to the fact that many players, over the years of its existence, have already become accustomed to the fact that their deposit, albeit a little, is replenished over time. Of course, the player becomes somehow a little offended when he loses such a small, but still constant source of replenishment of the deposit. So that there is no such negativity among the players and they would show loyalty and respect for the casino, it is worth keeping this small source of income. I think the devs understand this very well.
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klarki
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Top Crypto Casino
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February 14, 2023, 03:42:29 PM |
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Activity for fans of sports betting: Love, Soccer, Profit BattleHow to participate?There will be 100 winners in all. Minimum bet $1. The prize pool is $10,000* The prize payout can be in several currencies, depending on the prize pool of each Battle. What has been your experience in battles at Betfury? If it is not difficult to share the information, I need it to collect statistics.
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dwyane36
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February 14, 2023, 04:03:02 PM |
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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.
They didn't have any plans to stop it and it is not really fair to blame the team as they asked their players what to do for the mining and the majority wanted to extended the mining. Lets give some them some time also; till date they haven't really disappointed us (except for not updating the roadmap) and I am pretty sure they have plans on what to do after the mining is over. Betfury was the initiator of that vote, and it seems to me its team was even more interested in extending BFG mining than users because, by doing so, they gave themselves enough time to come up with new features for the BFG token. It's also worth noting that BFG mining is one of the key features on the Betfury site, and if they had not held that vote, all BFG tokens would have been mined back in mid-autumn.
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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danadc
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February 14, 2023, 06:57:10 PM |
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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. I did not know that, I have BFG tokens but this news is not very good, if this continues like this I am going to withdraw what I have and buy Bitcoin, because in 4 years, which was what we all expected in mining, it was a time to maintain an investment, but with all these problems that does not encourage me to continue, I have not seen that news, but I still think that many think the same as me, that is like a bipolarity, because one day they tell you something and the next day they tell you what On the contrary, I am not satisfied if they are going to do things like this and for me if the team is entirely to blame because they are the ones who decide.
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Get-Paid.com
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February 14, 2023, 07:07:22 PM |
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I did not know that, I have BFG tokens but this news is not very good, if this continues like this I am going to withdraw what I have and buy Bitcoin
BFG is much more stable than Bitcoin. Nov 2021 - BTC = $70,000 Nov 2021 - BFG = $0.03 BTC now = $22,000 BFG now = Over $0.015 So Bitcoin lost more than 3 times its value. BFG less than twice. News or not news - BFG also paid high %%% per annum on your holdings ... so in practice BFG is far better than Bitcoin so far.
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o48o
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Leading Crypto Sports Betting & Casino Platform
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February 14, 2023, 08:04:03 PM |
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-cut- So Bitcoin lost more than 3 times its value. BFG less than twice.
News or not news - BFG also paid high %%% per annum on your holdings ... so in practice BFG is far better than Bitcoin so far.
Someone should do calculations that how much holding 100k of BFG has actually paid during this time, as the divindends on that have been dropping since the start. And since i don't think that data is available, we should ask from someone who has staked with same amount of bfg from the start. So can we find a person who has staked same exact amount in betfury from the start?
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Fivestar4everMVP
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February 14, 2023, 08:47:51 PM |
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-cut- So Bitcoin lost more than 3 times its value. BFG less than twice.
News or not news - BFG also paid high %%% per annum on your holdings ... so in practice BFG is far better than Bitcoin so far.
Someone should do calculations that how much holding 100k of BFG has actually paid during this time, as the divindends on that have been dropping since the start. And since i don't think that data is available, we should ask from someone who has staked with same amount of bfg from the start. So can we find a person who has staked same exact amount in betfury from the start? Well, honestly, even if there be someone with such amount of BFG in staking, doubt if such person would be on this forum, but anyways, lets wait and see if any one comes up with such amount in staking. And for the guy above you saying that BFG is better than bitcoin, that is one of the most ridiculous thing I've heard in a while, comparing BFG to bitcoin is even a big mistake in the first place.\ You spoke about bitcoin losing more than 3 times its value, and BFG less than twice its value, did you bother to put into consideration the time bitcoin was launched and when BFG was launched? You are completely mistaken with this your comparison bud.
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babygun
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February 14, 2023, 11:19:53 PM Last edit: February 14, 2023, 11:35:49 PM by babygun |
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-cut- So Bitcoin lost more than 3 times its value. BFG less than twice.
News or not news - BFG also paid high %%% per annum on your holdings ... so in practice BFG is far better than Bitcoin so far.
Someone should do calculations that how much holding 100k of BFG has actually paid during this time, as the divindends on that have been dropping since the start. And since i don't think that data is available, we should ask from someone who has staked with same amount of bfg from the start. So can we find a person who has staked same exact amount in betfury from the start? I have been staking since almost 2 years and my total amount has not changed that much. I earned most of my tokens with the bounty campaign and wagered more in the beginning; right now I have about 4400 tokens. Give me some time and I should be able to pull up some data!
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dwyane36
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February 15, 2023, 02:05:28 PM |
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BFG is much more stable than Bitcoin.
Nov 2021 - BTC = $70,000 Nov 2021 - BFG = $0.03
BTC now = $22,000 BFG now = Over $0.015
So Bitcoin lost more than 3 times its value. BFG less than twice.
News or not news - BFG also paid high %%% per annum on your holdings ... so in practice BFG is far better than Bitcoin so far.
As for me, it's absolutely incorrect to compare BTC with BFG or any other token. At least you don't take into account the fact that BTC trades with a huge daily volume on multiple centralized exchanges and, as a result, can be volatile. At the same time, BFG trades on just a few exchanges, and I'm more than sure that most people buy BFG tokens only for staking on the Betfury platform, not for speculating with it on DEXs or CEXs.
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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o48o
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February 15, 2023, 02:41:34 PM |
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Well, honestly, even if there be someone with such amount of BFG in staking, doubt if such person would be on this forum, but anyways, lets wait and see if any one comes up with such amount in staking.
It wouldn't need to be that much, we can count the amount with any amount that's not been changed from the start. I don't know what to do with that data as rewards keeps declining, but it would be interesting to know. And for the guy above you saying that BFG is better than bitcoin, that is one of the most ridiculous thing I've heard in a while, comparing BFG to bitcoin is even a big mistake in the first place.\ You spoke about bitcoin losing more than 3 times its value, and BFG less than twice its value, did you bother to put into consideration the time bitcoin was launched and when BFG was launched? You are completely mistaken with this your comparison bud.
I thought he was kidding. At least it seems like an obvious trolling effort. staking since almost 2 years and my total amount has not changed that much. I earned most of my tokens with the bounty campaign and wagered more in the beginning; right now I have about 4400 tokens. Give me some time and I should be able to pull up some data!
Here we go. If you don't mind i would love to get some stats. You don't need to reveal what you own and i wouldn't advice that, just divide or multiply both hodled bfg amount and rewards with a number of your choice and don't let us know what the number is. As long as the ratio is same it doesn't matter.
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klarki
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February 15, 2023, 08:16:40 PM Last edit: February 15, 2023, 10:24:10 PM by klarki |
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So can we find a person who has staked same exact amount in betfury from the start?
He forgot to point out that dividend profits are not a constant
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babygun
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February 16, 2023, 05:28:05 AM |
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All, here below you can find some data. I just calculated my total daily dividend I got divided with my total amount of BFG tokens and than multiplied with 1000. Please note, that I just took a screenshot at certain dates and sometimes (after the monthly burning) the daily dividend is higher. I have no issues with sharing some more numbers. My daily dividend dropped from 0.2$ to 0.096$ all though my amount of BFG tokens increased with about 80%. This is just to show the evolution, I will still keep using the platform as even small amounts keep adding up.
date dividend/1000 BFG tokens 11/04/2021 0,0698 20/06/2021 0,0632 8/08/2021 0,0828 5/11/2021 0,0544 19/12/2021 0,04 12/06/2022 0,0356 24/07/2022 0,0245 15/02/2023 0,0188
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Unsoldier
Legendary
Offline
Activity: 1764
Merit: 1348
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February 16, 2023, 11:45:20 AM |
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I did not know that, I have BFG tokens but this news is not very good, if this continues like this I am going to withdraw what I have and buy Bitcoin
BFG is much more stable than Bitcoin. Nov 2021 - BTC = $70,000 Nov 2021 - BFG = $0.03 BTC now = $22,000 BFG now = Over $0.015 So Bitcoin lost more than 3 times its value. BFG less than twice. News or not news - BFG also paid high %%% per annum on your holdings ... so in practice BFG is far better than Bitcoin so far. BFG is a safe haven in the world of cryptocurrency. I think this token will not bring huge profits, but it will not let your deposit go into a big loss. Another thing to consider is that storing BFG on a Betfury wallet pays dividends every day. Such conditions are very attractive for beginner investors as well as for professional ones.
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doomloop
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February 16, 2023, 05:41:10 PM |
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Someone should do calculations that how much holding 100k of BFG has actually paid during this time, as the divindends on that have been dropping since the start. And since i don't think that data is available, we should ask from someone who has staked with same amount of bfg from the start. So can we find a person who has staked same exact amount in betfury from the start?
Well, honestly, even if there be someone with such amount of BFG in staking, doubt if such person would be on this forum, but anyways, lets wait and see if any one comes up with such amount in staking. And for the guy above you saying that BFG is better than bitcoin, that is one of the most ridiculous thing I've heard in a while, comparing BFG to bitcoin is even a big mistake in the first place.\ You spoke about bitcoin losing more than 3 times its value, and BFG less than twice its value, did you bother to put into consideration the time bitcoin was launched and when BFG was launched? You are completely mistaken with this your comparison bud. I think it was meant to be mathematically. As in, you would have 100k dollars worth of bitcoin, which turns into 33k dollars, and if you had 100k dollars worth of BFG, then the price would make it drop to 50k, but you would be 50k+ because it is guaranteed that you got paid, so mathematically speaking, it should be a lot better in worth if you did the same investment for both of them. But for this to work, you compare peak of bitcoin and peak of bfg, and you are talking like it is going to be like that forever, we all know bitcoin has a longer future but at the very least the mathematics that they did to calculate the current situation is true.
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len01
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February 16, 2023, 07:35:40 PM |
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BFG is much more stable than Bitcoin.
Nov 2021 - BTC = $70,000 Nov 2021 - BFG = $0.03
BTC now = $22,000 BFG now = Over $0.015
So Bitcoin lost more than 3 times its value. BFG less than twice.
News or not news - BFG also paid high %%% per annum on your holdings ... so in practice BFG is far better than Bitcoin so far.
we cannot compare the two. because both have different uses and benefits. BTC is the king of all existing cryptos and it will remain the best of all cryptos. BFG is a token created to have different benefits such as for gambling, as a short term investment, or possible for the long term. in fact, both are equally good, but we can't turn our minds around to dominate BFG, because BFG will rise when the price of BTC also rises. but for the time being BFG may have better benefits for seeking quicker or shorter profits. btw, BTC price today increased to $24,700 price what do you think?
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klarki
Legendary
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Activity: 3290
Merit: 3741
Top Crypto Casino
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February 16, 2023, 11:07:16 PM |
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BFG is a safe haven in the world of cryptocurrency. I think this token will not bring huge profits, but it will not let your deposit go into a big loss. Another thing to consider is that storing BFG on a Betfury wallet pays dividends every day. Such conditions are very attractive for beginner investors as well as for professional ones.
I don't think it's a good idea. At some point, you may be tempted to increase your funds through gaming activity on the platform. There are also risks of losing your money if the casino disappears.
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LUCKMCFLY
Legendary
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Activity: 2464
Merit: 1856
Leading Crypto Sports Betting & Casino Platform
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February 17, 2023, 12:28:19 AM |
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It seems to me that gambling only on the daily staking payouts is a safe way to keep BFG tokens or even multiply them. On the one hand, this strategy allows you not to lose your initial investment because the BFG tokens remain in the staking. On the other hand, the daily staking payouts allow you to take a risk in gambling, and even if you lose, you will have another try the next day. The only problem with this strategy is that you need to have a lot of BFG tokens in staking. At least you should have a couple hundred thousand BFG tokens to get only a few dollars as a daily staking payout.
And that's the problem with this strategy of yours, because the least amount of BFG token a user can stake on BetFury casino is roughly 100,000 and above, of which not everybody can afford such huge amount of money, because 100,000BFG is currently valued at $1456, which has a very small daily payout of $0.7, too small to gamble with, and has a monthly payout of $21.4 and yearly payout of $256.8 for each 100,000 BFG staked worth $1452.8 base on the current market price (1BFG = 0.01458 USDT) What users may actually like to do if there is just an internal exchange in Betfury is accumulate more BFG. If the $0.7 daily payout can be traded into BFG thru the internal exchange. I saw some casinos having this internal exchange, it's quite useful to have it because BFG is not listed major exchange. Its investors are limited to BSC investors, most probably just the people in the forum. Well, taking into account that there are many people who have their BFG tokens in Hodl mode, it is an excellent option that they can see it that way, everything will depend on the movement of Bitcoin and if it increases in price, it will help the token a lot, but we must remember that bitcoin has a very high volatility. It would be ideal for bitcoin to enter a bullish trend, there we will realize how BFG holders will react and how they will use it, perhaps if the team gives them security for their token, they will use it as a safe haven and invest more, raising the price of bitcoin token, but it all depends on what they do from now on.
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piebeyb
Legendary
Offline
Activity: 2352
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
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February 17, 2023, 07:10:59 AM |
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BFG is a safe haven in the world of cryptocurrency. I think this token will not bring huge profits, but it will not let your deposit go into a big loss. Another thing to consider is that storing BFG on a Betfury wallet pays dividends every day. Such conditions are very attractive for beginner investors as well as for professional ones.
I don't think it's a good idea. At some point, you may be tempted to increase your funds through gaming activity on the platform. There are also risks of losing your money if the casino disappears. there is always a risk of putting money anywhere in a third party such as a casino or an exchange, actually if it is for long term investment it is better to keep it in a personal wallet to make it safer, but if the token is to be played in a casino there is no problem to keep it there too
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