Post
Topic
Board Gambling
Re: 🎲BetFury.io|$10 000 Daily Battles|🚀BFG Mining Extension voting
by
dimonstration
on 28/07/2022, 17:11:54 UTC
There are 6 more days of voting, but I think the results wont change much. I have voted for an option "Increase by 5 times", as I believe this will help token value to go maximum up. I dont understand why people wish to keep mining price unchanged, because it will closer the moment when they wont get any BFG for gambling.

I doubt these changes will significantly affect the price of the BFG token. To be honest, I don't share Betfury's idea of increasing the price of mining and stretching the mining process by as much as 32 or 53 months. All the BFG tokens will be mined anyway, and it seems to me that it would be better if this happened in 3 months, not in a few years. Obviously, if new BFG tokens are no longer entering the market, it should provoke an increased demand because users will be forced to buy BFG for staking and gambling.
Maybe they want to extend the mining feature because it's one of the limited utility of BFG tokens aside from using it to gamble on the site. And also it can decrease the sell pressure in the market coming from newly mined tokens. This is the typical thinking of investors which Betfury just wanto conside by increasing the mining price.

There is a voting process so the result will always be in favor to the majority preferences. But for me I do like to end the minting process as much as possible before I start accumulating again this tokens on exchange.