Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BetKing.io ICO - Bitcoin Gambling website
by
TheFuneral
on 03/12/2016, 16:11:12 UTC
I'm wondering if people are a little scared to invest due to the no cap and that if we got too much then your share is low.

Maybe we should have the option that if we raise 4000 you can get a refund, 1st come first server, until funds drop to 3000?



I believe it has to do with the already small amount of ownership for an overly lucky casino. To expect the same returns is mathematically wrong. It's even more scary when we don't know how the revenue-expense ratio is determined along with no way of being able to ever enter or exit. Far more unknowns than just the amount of shares and crazy more risk than just being able to be the bankroll. You're basically asking for an IPO of only 1/3 of a company without any documentation or proof of how you'll get 2x to 4x on investor returns to justify the risk. Hell there isn't even a plan laid out it's just give me money for an already tiny part of the company so I can go "grow" it because connections. How does that not seem overly scary to you?