klarki
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March 17, 2023, 11:33:45 PM |
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BFG Staking Program updates. Source link: https://t.me/betfuryofficialchannel/4431Well, the cost of entry still looks pretty small at only about $1.76. So if this optimization will have a positive effect on the platform, I do not see any problem.
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TopTort777
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March 18, 2023, 07:49:32 AM |
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I think that such “optimization” is not going to help. Stakick entrance amount is very low. Anyone can spend two bucks and continue to leech BetFury system recources and budget.
Btw this is not the first time BetFury is doing optimization against leeches. First they made boxes hourly snd in btc only, than with rank 2 only. Now 100 bfg entry amount. Leech disease seems to be bigger than everyone thought.
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o48o
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March 18, 2023, 09:37:37 AM |
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I think that such “optimization” is not going to help. Stakick entrance amount is very low. Anyone can spend two bucks and continue to leech BetFury system recources and budget.
Btw this is not the first time BetFury is doing optimization against leeches. First they made boxes hourly snd in btc only, than with rank 2 only. Now 100 bfg entry amount. Leech disease seems to be bigger than everyone thought.
This is the first time i even heard that there was any problems with staking draining resources. Obviously they need to fix it and raising it 10x is quite a radical move that wouldn't fly with any coin out there. I don't have enough data to know how many % of staking accounts happens under 100 bfg tokens but i would assume it's too many. They should know what amount helps as they have all the necessary data to make the calculations. But if it wouldn't work they can just raise it. Imho it would have been just a too radical move to instantly do demand 100x more bfg for staking.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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dwyane36
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March 18, 2023, 07:06:22 PM |
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This is the first time i even heard that there was any problems with staking draining resources. Obviously they need to fix it and raising it 10x is quite a radical move that wouldn't fly with any coin out there. I don't have enough data to know how many % of staking accounts happens under 100 bfg tokens but i would assume it's too many. They should know what amount helps as they have all the necessary data to make the calculations. But if it wouldn't work they can just raise it.
Imho it would have been just a too radical move to instantly do demand 100x more bfg for staking.
The problem is that Betfury users had too many options for collecting free BFG tokens and, as a result, for free gambling. On the one hand, that was a good idea to attract a new audience. On the other hand, faucets and other free bonuses also attracted a massive number of bots. Honestly, I also don't know what percentage of total active staking accounts has a minimum number of BFG tokens. There are probably tens or even hundreds of thousands of such accounts. In that case, it's understandable why Betfury decided to update the terms for the staking program.
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Fivestar4everMVP
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March 18, 2023, 07:23:17 PM |
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This is the first time i even heard that there was any problems with staking draining resources. Obviously they need to fix it and raising it 10x is quite a radical move that wouldn't fly with any coin out there. I don't have enough data to know how many % of staking accounts happens under 100 bfg tokens but i would assume it's too many. They should know what amount helps as they have all the necessary data to make the calculations. But if it wouldn't work they can just raise it.
Imho it would have been just a too radical move to instantly do demand 100x more bfg for staking.
The problem is that Betfury users had too many options for collecting free BFG tokens and, as a result, for free gambling. On the one hand, that was a good idea to attract a new audience. On the other hand, faucets and other free bonuses also attracted a massive number of bots. Honestly, I also don't know what percentage of total active staking accounts has a minimum number of BFG tokens. There are probably tens or even hundreds of thousands of such accounts. In that case, it's understandable why Betfury decided to update the terms for the staking program. Well, what I know for sure is that free stuffs hardly attract serious people, in this case, gamblers, and I want to believe I wouldn't be wrong if I say that the free giveaways has also contributed to BFG's price remaining cheap, even as popular as Betfury have become. Anyways, though i am not a regular player on Betfury casino, but i hold a very small amount of BFG token, and i am still very confident that once giveaways stops, the price is gonna improve, till then, i keep holding and watching.
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FanEagle
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March 18, 2023, 08:42:51 PM |
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]Yes, if BFG is listed on a big market like Binance, it will definitely have big holder, because Binance is one of the biggest centralized markets among all markets that allows BFG to get a price increase in the future. I agree that Betfury considers this suggestion, because we as BFG holders or investors really agree that one day BFG will be listed on a large centralized market. However, in a large market, there must be a large number of customers or investors there, which may be very influential with BFG holders and the price of BFG tokens.
Being listed on a large exchange doesn't mean the price will go up or the number of holders will increase, being listed there only provides an opportunity not a guarantee, you can check other casino tokens on binance, at first it wasn't a casino token but after it was taken over by a big casino there was nothing the big one is the price, the trading volume doesn't change big and the price stays stuck and isn't performing well, so as long as Betfury keeps making the token more widely used in the casino and making the casino even bigger it will have an impact on their token. I would guess that it does provide a guarantee that there will be more holders, it just doesn't guarantee the price. There are way too many people who trade at binance and when you are first listed there that opens up the door for too many people to learn about you, people who never heard about you before will end up seeing it on binance and researching what it is and then some of them will buy some, not saying millions will do, even if it is at least 1 more person, that means there are more people coming in, doesn't matter how many. However, it also opens up the door for manipulation and speculation at a higher scale so it could become a lot more volatile and crash quicker.
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Fredomago
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March 18, 2023, 10:57:09 PM |
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Those who wish Binance listing so badly, how many BFG do you hold? How many tokens you want to dump so badly that you sleep and dream about listing? I bet you have not more than several hundreds bucks worth tokens. New token listing rarely gives huge price multipliers. Based on coinmarketcap info, alts get x5-x10 on DEXes, so imho expect around x5 in most positive scenarios if BFG gets listed on Binance. What makes that you want to get your thousand or two, and drawn BFG to the bottom. Will it really be worth to drawn BetFury like that?
Binance listing is really useless if there will be no changes on current utility of BFG. BFG is very dry which holders is just relying for the team to have a buy back using part of the casino profit while there’s no transparent report on much casino made to verify the cut for BFG holders share. I’m holding BFG tokens but not that much. I don’t expect any explosive price pump on this token even if it’s listed on Binance if the team keeps using BFG tokens for their partnership and marketing because they are the one who unload first their token before everyone can. Yup there's no major pump if the team might be the one who will first liquidate their assets when listing inside binance will take place, but we never know about that, if chance take place and the team manage to list BFG to binance or another good centralize exchange we might see good growth as traders will come up and will also work with this coin. We don't know and we can't say if what will be the future value of BFG, more on your self trust and assessments.
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Taskford
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March 18, 2023, 11:02:23 PM |
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]Yes, if BFG is listed on a big market like Binance, it will definitely have big holder, because Binance is one of the biggest centralized markets among all markets that allows BFG to get a price increase in the future. I agree that Betfury considers this suggestion, because we as BFG holders or investors really agree that one day BFG will be listed on a large centralized market. However, in a large market, there must be a large number of customers or investors there, which may be very influential with BFG holders and the price of BFG tokens.
Being listed on a large exchange doesn't mean the price will go up or the number of holders will increase, being listed there only provides an opportunity not a guarantee, you can check other casino tokens on binance, at first it wasn't a casino token but after it was taken over by a big casino there was nothing the big one is the price, the trading volume doesn't change big and the price stays stuck and isn't performing well, so as long as Betfury keeps making the token more widely used in the casino and making the casino even bigger it will have an impact on their token. I would guess that it does provide a guarantee that there will be more holders, it just doesn't guarantee the price. There are way too many people who trade at binance and when you are first listed there that opens up the door for too many people to learn about you, people who never heard about you before will end up seeing it on binance and researching what it is and then some of them will buy some, not saying millions will do, even if it is at least 1 more person, that means there are more people coming in, doesn't matter how many. However, it also opens up the door for manipulation and speculation at a higher scale so it could become a lot more volatile and crash quicker. This will matter depends on the utility of the token created also how the dev create a good updates to make their token useful to their holders. If no something like this will happen this token will remain stagnant and maybe no demand will be created even if they are listed on Binance. The pump always start on the dev so they need to create proper use case to their token so that it will be appealing to investor to buy this token.
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klarki
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March 18, 2023, 11:08:34 PM |
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Imho it would have been just a too radical move to instantly do demand 100x more bfg for staking.
Exactly, that's why increasing the entry amount should be done gradually.
The problem is that Betfury users had too many options for collecting free BFG tokens and, as a result, for free gambling. On the one hand, that was a good idea to attract a new audience. On the other hand, faucets and other free bonuses also attracted a massive number of bots. Honestly, I also don't know what percentage of total active staking accounts has a minimum number of BFG tokens. There are probably tens or even hundreds of thousands of such accounts. In that case, it's understandable why Betfury decided to update the terms for the staking program.
This is not the only problem. When the number of holders increases also increases the load on the staking pool. Anyways, though i am not a regular player on Betfury casino, but i hold a very small amount of BFG token, and i am still very confident that once giveaways stops, the price is gonna improve, till then, i keep holding and watching.
I hope your strategy will benefit you. I personally adhere to the accumulation of this asset in my investment portfolio.
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SquallLeonhart
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March 19, 2023, 04:58:03 PM |
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Binance listing is really useless if there will be no changes on current utility of BFG. BFG is very dry which holders is just relying for the team to have a buy back using part of the casino profit while there’s no transparent report on much casino made to verify the cut for BFG holders share.
I’m holding BFG tokens but not that much. I don’t expect any explosive price pump on this token even if it’s listed on Binance if the team keeps using BFG tokens for their partnership and marketing because they are the one who unload first their token before everyone can.
I think the utility is good enough, the purpose of BFG is obvious and this is exactly why they created it and it is doing its job. I agree that there is a thing they need to do before Binance listing would make sense, which we all know they can2t be listed just yet and all of these discussions are just "for fun" but that thing is not utility, that thing is marketing. They can do marketing just for the casino itself and still get a lot more in return for the token as well, or could just directly do marketing for the token because without marketing we do not have proper volume, we need to have at least 10x more volume to deserve to be in binance right now.
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AmoreJaz
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March 19, 2023, 09:20:09 PM |
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Binance listing is really useless if there will be no changes on current utility of BFG. BFG is very dry which holders is just relying for the team to have a buy back using part of the casino profit while there’s no transparent report on much casino made to verify the cut for BFG holders share.
I’m holding BFG tokens but not that much. I don’t expect any explosive price pump on this token even if it’s listed on Binance if the team keeps using BFG tokens for their partnership and marketing because they are the one who unload first their token before everyone can.
I think the utility is good enough, the purpose of BFG is obvious and this is exactly why they created it and it is doing its job. I agree that there is a thing they need to do before Binance listing would make sense, which we all know they can2t be listed just yet and all of these discussions are just "for fun" but that thing is not utility, that thing is marketing. They can do marketing just for the casino itself and still get a lot more in return for the token as well, or could just directly do marketing for the token because without marketing we do not have proper volume, we need to have at least 10x more volume to deserve to be in binance right now. the discussion regarding binance listing is an old story already. so yeah, why not enjoy the price of the BFG token to use it inside their site? staking or betting. they will have their own time for this, no need to push thru if they still have other important things to do. the reason why a lot are waiting for such moment because of the hope that it will give them tons of profits once listed. however, you have no assurance that it will be like that. it can very well pump a bit but will go back to where it was. and then what? so yeah, it is understandable if the team is not very pushy about this, they have other things in mind for sure, to sustain this business.
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klarki
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March 20, 2023, 11:57:37 PM |
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Guys, a new battle has started on the BetFury platform: Onlyplay Battle [20-25.03] The prize pool will be $5,000. Source link: https://t.me/Betfury/4024054By the way, do you like this provider of gambling slots?
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macson
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March 21, 2023, 07:59:35 AM |
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the discussion regarding binance listing is an old story already. so yeah, why not enjoy the price of the BFG token to use it inside their site? staking or betting. they will have their own time for this, no need to push thru if they still have other important things to do. the reason why a lot are waiting for such moment because of the hope that it will give them tons of profits once listed. however, you have no assurance that it will be like that. it can very well pump a bit but will go back to where it was. and then what? so yeah, it is understandable if the team is not very pushy about this, they have other things in mind for sure, to sustain this business.
right, the news about BFG listing on binance is old news and many are speculating that one of them is the potential for a bubble or (maybe) the obstacle to listing BFG on Binance is due to the cost or conditions for it which still require careful consideration from the betfury developer. Sometimes i like to play slots at Betfury and Betfury always holds interesting events, which are sure to be a loss if we miss them (that event)
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delfastTions
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March 21, 2023, 09:16:40 AM |
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the discussion regarding binance listing is an old story already. so yeah, why not enjoy the price of the BFG token to use it inside their site? staking or betting. they will have their own time for this, no need to push thru if they still have other important things to do. the reason why a lot are waiting for such moment because of the hope that it will give them tons of profits once listed. however, you have no assurance that it will be like that. it can very well pump a bit but will go back to where it was. and then what? so yeah, it is understandable if the team is not very pushy about this, they have other things in mind for sure, to sustain this business.
right, the news about BFG listing on binance is old news and many are speculating that one of them is the potential for a bubble or (maybe) the obstacle to listing BFG on Binance is due to the cost or conditions for it which still require careful consideration from the betfury developer. Sometimes i like to play slots at Betfury and Betfury always holds interesting events, which are sure to be a loss if we miss them (that event)Why are you talking about listing BFG on Binance? Or I did not understand what you wanted to say? I specifically looked at Coinmarketcap now and did not see there that the BFG token began to be traded on Binance. I was very surprised that someone had already figured out that such a listing on Binance had already been implemented. Moreover, I said earlier in the topic that for BFG trading, those trading platforms that are now listed in the CMC are enough. Moreover, I believe that the developers of Betfury should not now agree on a listing on Binance. This will most likely lead to nothing good. And it costs a lot. And now all is not well with the Binance exchange itself. Some troubles with USA regulators at Binance are taking place now. You shouldn't forget this.
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LUCKMCFLY
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March 21, 2023, 08:01:27 PM |
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Well, not just Betfury, all the casinos make that kind of offer to customers, what happens is that Betfury is another casino option, I don't know about you, but at freebitco.in they have an open faucet, and they have never limited their faucet so that people want to be able to set a decent amount to play and withdraw, so when compared to other casinos, other casinos tend to look a bit dramatic with the faucets, the abuse and all that stuff, on the other hand Bonuses are double-edged swords for me, personally I prefer to make my deposit without taking bonuses and if I win, I withdraw, if I lose I just assume my loss and it seems much better to me.
I think faucet part is still not that common, sure freebitco.in does that but how many other websites does it? And that one is a 10 year old big casino that had faucet from the very start, hell it was a faucet website at the start as an idea. So all in all I would say that betfury giving something away is definitely a big deal and I support it. However, I agree that when you look at marketing of other places, the signature campaigns, the bonuses, the promotions, basically everything, then we are talking about betfury needing a bit bigger budget to race with them, otherwise they are not going to get the same attention as the other websites do. I really don't know what happened to the site, because in the beginning they decided to do great marketing, not only here in other forums as well and that gave them great success, sometimes you have to start over and they already know what it is the formula,but it is a matter of seeing if they really want to move the site forward,there is no denying Betfury is one of the sites that grew a lot in a short time, leaving many behind and positioning itself as one of the best sites from the forum, but then they lost their way, I'm not saying they should do signature campaigns,but it is known that thanks to signature campaigns they get the best traffic, and they don't see that.
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klarki
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March 21, 2023, 11:58:09 PM |
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......right, the news about BFG listing on binance is old news and many are speculating that one of them is the potential for a bubbl .....
Are you sure you're not confused? This kind of news did not happen, just users dream of a listing on Binance ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) They believe it will be a booster for the value of the asset. Dreamers, hamsters))
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o48o
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March 21, 2023, 11:58:50 PM |
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right, the news about BFG listing on binance is old news and many are speculating that one of them is the potential for a bubble or (maybe) the obstacle to listing BFG on Binance is due to the cost or conditions for it which still require careful consideration from the betfury developer. Sometimes i like to play slots at Betfury and Betfury always holds interesting events, which are sure to be a loss if we miss them (that event)
Why are you talking about listing BFG on Binance? Or I did not understand what you wanted to say? I specifically looked at Coinmarketcap now and did not see there that the BFG token began to be traded on Binance. I was very surprised that someone had already figured out that such a listing on Binance had already been implemented. Moreover, I said earlier in the topic that for BFG trading, those trading platforms that are now listed in the CMC are enough. Moreover, I believe that the developers of Betfury should not now agree on a listing on Binance. This will most likely lead to nothing good. And it costs a lot. And now all is not well with the Binance exchange itself. Some troubles with USA regulators at Binance are taking place now. You shouldn't forget this. I am pretty sure he/she means that this has been talked over and over from time to time and most of us seem to understand that even if that would be possible, listing is not the right move because the costs are more then benefits. There are several points that have been mentioned for and against in this thread.
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tusandii
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March 22, 2023, 05:49:57 AM |
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I am pretty sure he/she means that this has been talked over and over from time to time and most of us seem to understand that even if that would be possible, listing is not the right move because the costs are more then benefits. There are several points that have been mentioned for and against in this thread.
But isn't registering there actually getting bigger profits in the future because this is a pretty good idea for the long term even though it does require a lot of money but I'm always sure that a good development will definitely require more money and time not a snap. What makes you believe they won't benefit because the costs outweigh the benefits? Pros and cons or differences of opinion in this thread will always exist because it is a natural thing where everyone must have their own way of thinking which is considered the most correct and appropriate so that whatever happens if for the sake of progress and development it must be done.
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LUCKMCFLY
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March 22, 2023, 02:27:40 PM |
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Question to those who uses social media - how often do you pay attention to posts where people share their success in gambling? Just curious if this BetFury feature will work at all.
I personally don't pay attention to such tweets at all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) This is even more annoying than really benefiting the platform in terms of attracting new players. They should get some cool rapper as an ambassador)That would really be a smart marketing solution. Well, even though it's a great solution, I don't rule it out, but as far as I'm concerned , a casino like Betfury should listen, yes, I see that you want to do something similar to stake.com and I don't blame you, it's one of the casinos that are most respected worldwide and have an immense reputation, the casino is very reliable, but if Betfury wants to match this casino, it lacks a lot, it may be that with an influencer it begins to get closer, but BETFURY does not invest in arketing doesn't even have the desire to do it, aside from remembering that stake.com has its own internal forum and many gaming issues are discussed there, there are many things that stake.com has ahead of Betfury. I am pretty sure he/she means that this has been talked over and over from time to time and most of us seem to understand that even if that would be possible, listing is not the right move because the costs are more then benefits. There are several points that have been mentioned for and against in this thread.
But isn't registering there actually getting bigger profits in the future because this is a pretty good idea for the long term even though it does require a lot of money but I'm always sure that a good development will definitely require more money and time not a snap. What makes you believe they won't benefit because the costs outweigh the benefits? Pros and cons or differences of opinion in this thread will always exist because it is a natural thing where everyone must have their own way of thinking which is considered the most correct and appropriate so that whatever happens if for the sake of progress and development it must be done. Well, as long as the topic is about Betfury, it is within the topics that are formal, and since the casino has a native token, it is obvious that there will always be Questions about exchanges, about what new things they will Bring for the investment of the tokens, that is normal If the exchange is Discussed, it is not that it has already been discussed, in particular I feel that it is a message that the users give to the casino owners so that they do something, also if there is an investment in BFG it is obvious that they want to have the latest updates.
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Beparanf
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 22, 2023, 02:45:00 PM |
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I am pretty sure he/she means that this has been talked over and over from time to time and most of us seem to understand that even if that would be possible, listing is not the right move because the costs are more then benefits. There are several points that have been mentioned for and against in this thread.
But isn't registering there actually getting bigger profits in the future because this is a pretty good idea for the long term even though it does require a lot of money but I'm always sure that a good development will definitely require more money and time not a snap. What makes you believe they won't benefit because the costs outweigh the benefits? Pros and cons or differences of opinion in this thread will always exist because it is a natural thing where everyone must have their own way of thinking which is considered the most correct and appropriate so that whatever happens if for the sake of progress and development it must be done. Listing on a good exchange is never become a bad idea if the project has the capacity to cover all the expenses without sacrificing most of their budget for the project operations. Betfury has a working product and they are focus on the development of the casino to gain profit rather than to increase the value of the BFG tokens that they are just using for rewards and partnership. BFG tokens is a free token for them to use for their casino marketing. I believe listing it is not their top priority because they will just use the money on the casino improvement rather than list it on expensive exchange wile they are already listed on multiple DEX and CEX that can generate trading volume.
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