Post
Topic
Board Gambling
Re: 🎲BetFury.io|⚡️Free BTC+BNB|⚡️$3.5mln Staking pool|⚡️New coins every week
by
Twinkledoe
on 22/05/2021, 21:05:39 UTC
Did you notice the price set by Betfury in their twitter giveaway? It was at ~$350 for 5000 BFG so that gives us approximately $0.07 per token. Will that be the listing price on the exchange? That's too cheap don't you think? The mining price per token is at $1.13 for slots and $3.14 for in-house games as of now so the 5000 BFG should at least be worth $5650.

It's not when you count in the possibility of winnings and play dice with highest odds, real mining cost comes closer to $0.07.

Win/lose is not related to the costs incurred to mine BFG because there are 2 different sides they can say it's cheap if they win and they can say it's high if they lose
For me personally, the current listing price is cheap, but it's not final yet. We can see what investors are interested in when listing
This is what I was thinking. It doesn't matter if I have a 98% win rate or RTP. When I bet $3 on Dice and I lose on that one roll then that's the cost of getting 1 BFG to me. Of course that would be zero cost if I win. The point is I think Betfury is trying to set the price at $0.07 which is too cheap for someone who would play and mine at over a dollar.

Now, after getting the price information I will now wait for BFG on the market I will not take the risk of betting to get BFG because luck is unpredictable
I hope the first market isn't Binance because the price will pump up too fast and we will miss to buy.

I don't think the team is eyeing Binance here. But hopefully a very good exchange. Definitely, there will be dump in price in the first or 2 weeks of trading as some will sell their tokens to recover their investments. However, this platform seems to be strong now, so for those that will take the opportunity to buy more, just wait when this token is listed. At least we have seen the light from the team itself, about the listing of this token.