Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BetKing.io ICO - Bitcoin Gambling website - 581.4 BTC raised so far
by
bodgybrothers
on 14/12/2016, 04:44:31 UTC
This will not work. good luck to those who invested.

Yeah, thats kind of the point, not everyone will understand it or agree, but there is a freedom of choice. Even the people who may want to invest might think its over valued. Which is also ok, they will just not invest. Once all is said and done, it will either be successful with the right Venture Capitalist folk or it wont. Then dean can ask why, and investors can tell him. Then he can either elect to try again in a different way, or not try again. Not every IPO/ICO is successful even in the real world of markets. I doubt the casino is going away anytime soon and investors will have opportunities to get into it after Dean fine tunes his offer. The current offer actually looks ok, but lets see if dean can put together a nice prospectus to clear the air. This is a far better investment than most shit I see online. Its actually less risk than my investment in Meganet, but meganet has potential to create much greater gains. https://hacked.com/kim-dotcom-talks-about-meganet-his-blockchain-based-p2p-internet/

What doesn't look good to you might look good to others, for every seller on the stock market there is a buyer and this is why having both sides views differ is a good thing. The average bitcoiner socialist are always looking for instant gratification, when in reality, investing in a business is about a long term view and holds risk. This is why investing in business is not for everyone. The same goes with the bitfinex ordeal. they offered their own coin to cover the loss and would buy it back slowly (share buy back scheme). There were a few people who purchased at low cost, to those who thought bitfinex was dead. Now those buyers are profiting. The risk was intense, but the payout is also quite good and worth it to some savvy investors.