Re: 🎲BetFury.io|⚡️Free BTC+BNB|⚡️$3.5mln Staking pool|⚡️BFG listing party
Price is down from $4 to $0.08 now.
To be clear; it started at $0.07 and had an high of around $0.38, not sure where you are getting your 4$ from. ~
Their hot wallet only has 6 million BFG tokens. If they paid out all the large payments right away they would have to keep refilling the wallet and it would slow down the process for everybody else waiting on a withdrawal.
With this kind of reasoning, I'm just glad that you're not part of the Betfury team.Their hot wallet only has 6 million BFG tokens. If they paid out all the large payments right away they would have to keep refilling the wallet and it would slow down the process for everybody else waiting on a withdrawal.
What stopped them from adding more to their hot wallet? Were they not expecting huge withdrawals after listing? Is it to hard to refill when it just takes a few seconds to send a token? I'm pretty sure a minute or five of waiting wouldn't be that much of a bother compared to hours (just like what happened).
Also, take a look at this
Isn't it funny how admins got their bigger withdrawals approved at the start while others got only their under 1000 bfg transactions trough.
There are also security reasons and possibly compliance reasons for delaying large withdrawals.
How would the number of tokens to be withdrawn affect security? Why did they list on the open market when there are still compliance issues?