🎲BetFury.io| 🔥Sign up on BetFury | 🤑Get Welcome Bonus up to 590% + 225 FS

[slapper]

Yes, everyone knows that, yet no one knows how long they are going to do that. They might stop to 50% like some projects or keep going indefinitely. What i would like to know why they are not answering to this. They are not committed to any number so they might just stop burning after 40% for all we know. They have never promised to keep going indefinitely, and at some point there are no team tokens to be burned.

I think if they decide to stop burning BFG tokens, they will first ask the community about it and create a vote.
As it was when they decided to extend the mining period for BFG tokens.

You hit the nail on the head! Involving the community in critical decisions is a game-changer. Put it to a vote, let the majority rule, and the team can guarantee they're in sync with their supporters' desires. Open the floor to everyone's thoughts and concepts, and we build an all-embracing, cooperative community. Who's to say someone won't throw a curveball solution our way?

In fact, I'm betting my bottom dollar the bulk of the community will opt to "burn" those BFG tokens. You see, incinerating them shrinks the overall stockpile, which could pump up the value for the tokenholders. Ka-ching!

[1715098004]

1715098004

[tusandii]

I think and hope the same. Even if they are running out of team tokens, they can still burn the tokens coming from gambling and the auctions. On a side note, I don’t think the extension of the mining was a bad thing and it gives them some time to determine the next steps whenever it stops.

When they decide to extend BFG token mining and run out of team tokens for burning, they really have to use tokens that come from gambling and auctions to be burned so that token stability can be maintained and does not make token capacity exceed what has been targeted because it can have an impact bad for the future.
In my opinion, prolonged token mining will actually have a long-term impact that is not good if there are no restrictions and reduced capacity for tokens by burning.
They have to consider this properly because it really affects their casino.

[AmoreJaz]

Yes, everyone knows that, yet no one knows how long they are going to do that. They might stop to 50% like some projects or keep going indefinitely. What i would like to know why they are not answering to this. They are not committed to any number so they might just stop burning after 40% for all we know. They have never promised to keep going indefinitely, and at some point there are no team tokens to be burned.

I think if they decide to stop burning BFG tokens, they will first ask the community about it and create a vote.
As it was when they decided to extend the mining period for BFG tokens.

You hit the nail on the head! Involving the community in critical decisions is a game-changer. Put it to a vote, let the majority rule, and the team can guarantee they're in sync with their supporters' desires. Open the floor to everyone's thoughts and concepts, and we build an all-embracing, cooperative community. Who's to say someone won't throw a curveball solution our way?

In fact, I'm betting my bottom dollar the bulk of the community will opt to "burn" those BFG tokens. You see, incinerating them shrinks the overall stockpile, which could pump up the value for the tokenholders. Ka-ching!

they can always open this to community for voting and gauge their next-plans based from what they gathered. because sometimes, listening from the pulse of the community will give them a better advantage as users already have varied experiences or have seen a lot already. they may not give the answers here but i hope they are reading and listening the sentiments of their community.
very few casino tokens have survived and with market value. and actually, it is one of their tokens that have lived long in this business. so looking forward to more years of their survival. should think of ways how to gain more supporters for their token.

[o48o]

This is the most possible reason for their coldness in the forum. I believe this started after they receive negative feedback due to their issue regarding the retroactive changing of affiliate commission rate against  reputable user here. I don’t understand on what Betfury trying to make stand for their rules while they are now offering a huge affiliate commission for their recent event. We have no idea how much money in dispute with their issue but they should settle it fair and square if they want to clear all their reputation.

Right now the representative is just posting announcement here without engaging on any discussion that is a clear indication that they are not interested much on Bitcointalk community engagement. I remember that they are still launching signature campaign whenever they have a big event but that’s all and nothing long term plan here. I think they are doing very good when they are active here, They just shifted to social media and partnership as part of their new promotion strategy.

I think that was a weak attack to begin with. I think they missed a chance there because even though there was a few people who didn't like it, and there was a big affiliate who made a scene about it, the reality is that there were a lot of us who supported it as well. And them leaving just because some other people said something about them is a bad move because they also left the supporters like me on the road when they did that, when in fact they could have stayed with us here as well.

In any case, they did what they did and I support them and they have the right to change the rates whenever they want to because it's their business and if anyone wants to stop working for them, they could do so if they want to.

About betfury not engaging on any discussion in here:
They obviously ARE interested to market for bitcointalk community. Imho they just want get the best of it without any repercussions. If there wasn't red trust from legendary users i would brush this all off as a fud.

FanEagle: if you really think that was a weak attack you might want to defend them in the accusation thread? https://bitcointalk.org/index.php?topic=5400484.0
I really don't have any clue if the accusations are legit or not but i see them as unsolved and even if i am haven't attracted whales with my referrals in there, that accusation sort of worries me in this case. Combined with the fact i was muted in their telegram for asking questions.

But if you are sure it's unjustified fud, you can always give them green trust as that would count being a legendary user and all.

[Fivestar4everMVP]

Yes, everyone knows that, yet no one knows how long they are going to do that. They might stop to 50% like some projects or keep going indefinitely. What i would like to know why they are not answering to this. They are not committed to any number so they might just stop burning after 40% for all we know. They have never promised to keep going indefinitely, and at some point there are no team tokens to be burned.

I think if they decide to stop burning BFG tokens, they will first ask the community about it and create a vote.
As it was when they decided to extend the mining period for BFG tokens.

Well, let's hope the team are that transparent and include the BFG holders in making decisions as crucial as this, beside, they better keep the burning ongoing, maybe we get to a day where the supply will be greatly reduced, the lesser the BFG supply, the more expensive its likely to be, most especially, if the team along the way, discovers more usecase for the token, and also, get it listed on some more good exchange..

[Newlifebtc]

Great news, I rarely see a project have a continuous burning plan up and running for the 41st burning of BFG, but how does the team determine the amount of token burning in each stage, if the estimated tokens are +$100k in each token burning stage then the circulating token supply will decrease and it will be easy to increase when the market price increases high.

Every burning they do has almost no impact on the market price; to have a real impact on the price, they will need to develop further and add more features. The burning does have an effect on the dividends, every time after the burning, the daily dividends you get are higher but that effect only lasts for a couple of days.

it depends sure but I believe that what you are saying so far you are making a point concerning the price levels so it is normally depends on the kind of platform or the kind of deal they have actually but I don't really no exactly but through your explanation I think I believe that you are in the right track

[delfastTions]

Great news, I rarely see a project have a continuous burning plan up and running for the 41st burning of BFG, but how does the team determine the amount of token burning in each stage, if the estimated tokens are +$100k in each token burning stage then the circulating token supply will decrease and it will be easy to increase when the market price increases high.

Every burning they do has almost no impact on the market price; to have a real impact on the price, they will need to develop further and add more features. The burning does have an effect on the dividends, every time after the burning, the daily dividends you get are higher but that effect only lasts for a couple of days.

it depends sure but I believe that what you are saying so far you are making a point concerning the price levels so it is normally depends on the kind of platform or the kind of deal they have actually but I don't really no exactly but through your explanation I think I believe that you are in the right track

I do not understand very well what you want to say?, but on the issue of the functioning of tokens,
I can note the following. 
Of course, the process of burning part of the tokens, especially when a relatively small percentage of all issued and theoretically circulating tokens is burned, cannot give a serious increase in the price of the token, since the burning volumes are too small. 
This is clearly seen in the example of burning Ethereum tokens. 
So what do you want, for example from BFG? 
On the other hand, staking works, players' deposits are slowly replenished.  And it seems to me that not too many players are unhappy with this utility token.  Of course, everyone wants tokens to cost more and be traded on large exchanges and actively, with a large daily turnover.  However, do not forget that this is a game token and it is extremely difficult for devs to create a powerful ecosystem of such a token. 

So just wait for bitcoin to rise in price a lot. 
And BFG, of course, will also increase in price. 
And forget about these technical tricks like burning some of the tokens.

[Eternad]

So just wait for bitcoin to rise in price a lot. 
And BFG, of course, will also increase in price. 
And forget about these technical tricks like burning some of the tokens.

Agree with this part. BFG token price is slowly increasing for the past 3 months at the same time as Bitcoin. However, the BFG token price is low compared to other altcoins available in the market that already printed more than x2 to x3 growth while BFG is still below x2 level of profit. This is the only disadvantage when you invest in a token that has a high emission rate and most of the receivers from the rakeback rewards usually dump these reward tokens immediately on the market.

I believe this kind of growth is not about the project technicality boost but rather due to the overall hype on the crypto market. Because the growth on bull market is pretty high if the project itself has a major improvement on their product that will give boost on the valuation of their token and not like this.

[piebeyb]

So just wait for bitcoin to rise in price a lot. 
And BFG, of course, will also increase in price. 
And forget about these technical tricks like burning some of the tokens.

Agree with this part. BFG token price is slowly increasing for the past 3 months at the same time as Bitcoin. However, the BFG token price is low compared to other altcoins available in the market that already printed more than x2 to x3 growth while BFG is still below x2 level of profit. This is the only disadvantage when you invest in a token that has a high emission rate and most of the receivers from the rakeback rewards usually dump these reward tokens immediately on the market.

I believe this kind of growth is not about the project technicality boost but rather due to the overall hype on the crypto market. Because the growth on bull market is pretty high if the project itself has a major improvement on their product that will give boost on the valuation of their token and not like this.

In recent months bitcoin has been bullish on weekly and monthly charts, but I haven't seen any effect on BFG tokens and other cryptos.
The altcoin session hasn't started as a whole at the moment just bitcoin is looking bullish faster and some of the top altcoins are having more impact than other crypto tokens eg BFG

i think adding some new exchanges to increase trading volume will also boost BFG value when overall crypto market is bullish exactly 2 years from now i.e. 2025 as many pundits predict. but it doesn't have to be the BFG value, the most important thing is that betfurry has to convince many interested investors to want to invest in their token.

[LUCKMCFLY]

Winning from slot machines is not possible by predicting fortunes.  It totally depends on luck.  However, sports betting can be predicted to win because there is a potential prediction made by researching the players and teams and looking at previous games.  Because of which winning from there depends a lot on own experience. Because of which I rarely play slot games.  Because it makes me very afraid of losing money. that's why sportsbet is must favourite for me

Yes, the trick with slot machines is knowing how to bet when you should, why? You cannot bet a very large balance in one spin, because obviously the balance would go away in the blink of an eye, bets on slot machines have to be very measured and have conditions of enjoyment and not regretting what is You are destined to lose, many players who enter a casino are thinking about how much they will win, and what they have to think about is how much they will lose, that way the system will not surprise them and it will make the player mature much faster and have more expertise in slots.

experienced will give you some idea on how slot works I like your example that placing huge amount of bet without any luck you'll see that in just a blink of an eye the money will be absorbed by the house, during those times of playing you'll learn how to be more patience and how you will adjust with the results each time you trigger the roll start button.

The more you are being patience the better you may win the lucky combinations. Not easy, but learnable when you understand how to calculate.

Though it's more on the entertainment and enjoyment but the fate of your winning always depends on how luck will back you up.

Yes, indeed, I have read a lot about strategies in slots, and to be honest there aren't any, in slots they are everything else, luck, randomness, but slots have something that attracts attention, it is that something that always It's there, like what it tells you, if you bet 10 dollars you can get x30, or x10 and that's money and good, if you bet more and have some luck like that, it would be something much more brilliant, what Apsa is that something happens here, self-control in some players can be lost and that is bad, there must always be self-control, because otherwise a player can lose capital and end up with empty pockets is not good.

[dwyane36]

i think adding some new exchanges to increase trading volume will also boost BFG value when overall crypto market is bullish exactly 2 years from now i.e. 2025 as many pundits predict. but it doesn't have to be the BFG value, the most important thing is that betfurry has to convince many interested investors to want to invest in their token.

Even if BFG is ever listed on some popular exchange, it might only boost the BFG token for a short time. I think this doesn't make much sense because, as you said, the Betfury team should primarily interest investors. However, it seems like an elusive task because BFG has very few use cases, and as we can see, there is still no queue of big investors who want to buy BFG tokens and stake them on the platform.

[Strongkored]

i think adding some new exchanges to increase trading volume will also boost BFG value when overall crypto market is bullish exactly 2 years from now i.e. 2025 as many pundits predict. but it doesn't have to be the BFG value, the most important thing is that betfurry has to convince many interested investors to want to invest in their token.

Even if BFG is ever listed on some popular exchange, it might only boost the BFG token for a short time. I think this doesn't make much sense because, as you said, the Betfury team should primarily interest investors. However, it seems like an elusive task because BFG has very few use cases, and as we can see, there is still no queue of big investors who want to buy BFG tokens and stake them on the platform.

Pumping always works when there is news that a token/coin will be listed on a large exchange but apart from only happening for a short period and also working at the beginning crypto appears not for the time being, where the pump and dump group will do it because they see the benefits of the hype and pumping can be tens or even hundreds of percent, but right now it's maybe only tens of percent and it seems like it's no longer a trend that's usually used to pump a coin.

[tusandii]

Pumping always works when there is news that a token/coin will be listed on a large exchange but apart from only happening for a short period and also working at the beginning crypto appears not for the time being, where the pump and dump group will do it because they see the benefits of the hype and pumping can be tens or even hundreds of percent, but right now it's maybe only tens of percent and it seems like it's no longer a trend that's usually used to pump a coin.

An increase in the price of tokens like this is just like Hype and is temporary where the one who uses it is a whale with a large amount of money so that when the token officially enters the exchange and the price rises, the whales will sell all the tokens they have to get a profit and after that the price of the token dropped drastically again.
If we want to take advantage of this opportunity, we have to be very careful and have a target when selling it so that we don't experience a loss when the whale sells the token.
This naturally happens in crypto trading and has become a habit that always occurs with tokens that have just been listed on the exchange so don't be surprised if later the price becomes unstable and drops drastically.

[piebeyb]

i think adding some new exchanges to increase trading volume will also boost BFG value when overall crypto market is bullish exactly 2 years from now i.e. 2025 as many pundits predict. but it doesn't have to be the BFG value, the most important thing is that betfurry has to convince many interested investors to want to invest in their token.

Even if BFG is ever listed on some popular exchange, it might only boost the BFG token for a short time. I think this doesn't make much sense because, as you said, the Betfury team should primarily interest investors. However, it seems like an elusive task because BFG has very few use cases, and as we can see, there is still no queue of big investors who want to buy BFG tokens and stake them on the platform.

Pumping always works when there is news that a token/coin will be listed on a large exchange but apart from only happening for a short period and also working at the beginning crypto appears not for the time being, where the pump and dump group will do it because they see the benefits of the hype and pumping can be tens or even hundreds of percent, but right now it's maybe only tens of percent and it seems like it's no longer a trend that's usually used to pump a coin.

Almost all crypto prices go up when the bitcoin market is bullish and there is no pump and dump effect even though there is only a little bit, usually FOMO people with a bullish bitcoin trend take altcoin tokens that are still cheap for long term investment as an example in the hope that BFG prices will go up drastically when bitcoin price is completely bullish.


I think you may have heard of the 4 year cycle and the fomo people with the 4 year cycle so most of them are competing to buy cheap BFG for those who believe in the future of Betfury, but as a suggestion before investing in this BFG token, people should do more research so you don't regret later if the price disappoints later on.

[Taskford]

i think adding some new exchanges to increase trading volume will also boost BFG value when overall crypto market is bullish exactly 2 years from now i.e. 2025 as many pundits predict. but it doesn't have to be the BFG value, the most important thing is that betfurry has to convince many interested investors to want to invest in their token.

Even if BFG is ever listed on some popular exchange, it might only boost the BFG token for a short time. I think this doesn't make much sense because, as you said, the Betfury team should primarily interest investors. However, it seems like an elusive task because BFG has very few use cases, and as we can see, there is still no queue of big investors who want to buy BFG tokens and stake them on the platform.

Temporary hype might occur but this will not be sustainable because listing only in exchange hype will fade out. If they cannot support it up by marketing or good updates in terms of its usage maybe they cannot gain sustainable the good price growth for their token.

Whales need to see good updates happen with good utility created to their token so if there's nothing like this will exist then it cannot catch some interest of the holders to accumulate their token.

[o48o]

In recent months bitcoin has been bullish on weekly and monthly charts, but I haven't seen any effect on BFG tokens and other cryptos.
The altcoin session hasn't started as a whole at the moment just bitcoin is looking bullish faster and some of the top altcoins are having more impact than other crypto tokens eg BFG

i think adding some new exchanges to increase trading volume will also boost BFG value when overall crypto market is bullish exactly 2 years from now i.e. 2025 as many pundits predict. but it doesn't have to be the BFG value, the most important thing is that betfurry has to convince many interested investors to want to invest in their token.

Because BFG price isn't based on speculation, you could literally do the math based on past dividend it paid and include the decrease curve. This token is not going to scale eth nor is it any kind of innovation or a meme token that might build a dex later on. My guess is that BFG won't be rising with other altcoins as it's very different, like UNU SED LEO, difference being that betfury hasn't committed to anything specific on paper.

Only way i see this rising is if some other gambling related token moons for reason x and people will buy other gambling related tokens for just in case, or that betfury commits to some specific burning method and encloses a tokenomic game theory that makes sense.

[beerlover]

Temporary hype might occur but this will not be sustainable because listing only in exchange hype will fade out. If they cannot support it up by marketing or good updates in terms of its usage maybe they cannot gain sustainable the good price growth for their token.

Whales need to see good updates happen with good utility created to their token so if there's nothing like this will exist then it cannot catch some interest of the holders to accumulate their token.

I would guess that it depends on the market as well a bit, wouldn't it? I mean in the end if the market keeps growing bigger and bigger, if we see bitcoin at 40k, ethereum at 3k and all that type of stuff, then we could probably see BFG going up as well. So yeah, this one looks temporary and the listing and all that, but as long as the market keeps growing bigger and doing better then I would guess that it should be doing a lot better for BFG as well.

I hope that it does go down that way because crypto is doing a lot better this year, and until the end of the year I am expecting another 20-30% increase from crypto at least, maybe as high as 50%+ increase as well, which could possibly happen in BFG as well.

[ultrloa]

I would guess that it depends on the market as well a bit, wouldn't it? I mean in the end if the market keeps growing bigger and bigger, if we see bitcoin at 40k, ethereum at 3k and all that type of stuff, then we could probably see BFG going up as well. So yeah, this one looks temporary and the listing and all that, but as long as the market keeps growing bigger and doing better then I would guess that it should be doing a lot better for BFG as well.

But just for having that is not sustainable since you cannot get any good result at the end knowing the price just been stretch due to current bitcoin pump happened. They need to release some good updates to catch up the interest of the holders to buy their token so that they can see a real organic growth happening to it. Maybe BFG holders doesn't like to see the current exchange where it listed so they need to grant want their investor want like being listed on other good alternative exchange if binance is not possible for now. If this happen where they can satisfy their holders maybe this could trigger up the demand to rise and this is good for them if this one will happen.

[Taskford]

Temporary hype might occur but this will not be sustainable because listing only in exchange hype will fade out. If they cannot support it up by marketing or good updates in terms of its usage maybe they cannot gain sustainable the good price growth for their token.

Whales need to see good updates happen with good utility created to their token so if there's nothing like this will exist then it cannot catch some interest of the holders to accumulate their token.

I would guess that it depends on the market as well a bit, wouldn't it? I mean in the end if the market keeps growing bigger and bigger, if we see bitcoin at 40k, ethereum at 3k and all that type of stuff, then we could probably see BFG going up as well. So yeah, this one looks temporary and the listing and all that, but as long as the market keeps growing bigger and doing better then I would guess that it should be doing a lot better for BFG as well.

I hope that it does go down that way because crypto is doing a lot better this year, and until the end of the year I am expecting another 20-30% increase from crypto at least, maybe as high as 50%+ increase as well, which could possibly happen in BFG as well.

But if they just rely on that situation and volume will not increase then maybe those old holder will dump since they are just waiting for that opportunity to recover or let go of their holdings because they know that there's nothing gonna happen with it if there's no good activities happened to this token.

Let see if your speculation happens since its given that if bullish run came to bitcoin the other altcoins also been dragged to this situations.

[beerlover]

I would guess that it depends on the market as well a bit, wouldn't it? I mean in the end if the market keeps growing bigger and bigger, if we see bitcoin at 40k, ethereum at 3k and all that type of stuff, then we could probably see BFG going up as well. So yeah, this one looks temporary and the listing and all that, but as long as the market keeps growing bigger and doing better then I would guess that it should be doing a lot better for BFG as well.

But just for having that is not sustainable since you cannot get any good result at the end knowing the price just been stretch due to current bitcoin pump happened. They need to release some good updates to catch up the interest of the holders to buy their token so that they can see a real organic growth happening to it. Maybe BFG holders doesn't like to see the current exchange where it listed so they need to grant want their investor want like being listed on other good alternative exchange if binance is not possible for now. If this happen where they can satisfy their holders maybe this could trigger up the demand to rise and this is good for them if this one will happen.

Not really. Most projects right now are pumped or not based on bitcoin. As you can see nothing is even close to ATH, why? Because bitcoin is not. So, the drop made sense when it happened and as long as it goes up when bitcoin does, that's fine. Majority, nearly all, of the coins are like that and should be considered the norm in this case.

Obviously it would fabulous if we could get some amazing upgrades on the token, who says we shouldn't, but just because it would be great to have them, doesn't mean that we need it to have it. We need to just go with bitcoin wherever it goes, that's the "must" but it would also definitely be lovely if we could go up for whatever else reason as well, that's the bonus and would welcome that as well.