Quote from: Beefheart on October 31, 2017, 04:27:23 AM

is there not a "censored"/offical Betcoin thread anymore? It used to be very active, and seems to have disappeared... has Betcoin just gone down the shitter the past few months/since the BetcoinRakeback fiasco?

Betcoin's business model revolves around stealing money from poor people. Because of the massive rise in price of bitcoin, those people aren't able to buy much and are more hesitant to spend it. Think about it...a year ago, $20 would have bought you .0285 worth of bitcoin. After fees, you'd have .028 in your account. Today that same $20 only buys .0032. The fees are going to eat up almost a fifth of that, and that's just to send it one place. If you have added fees for buying via credit card or paypal, or send it to a wallet before a gambling site, you'd be lucky if you saw even $10 worth of bitcoin in your actual account.

So the people that Betcoin caters to are less likely to buy bitcoin, less likely to deposit bitcoin, and less likely to spend bitcoin (since their miniums haven't changed). Combine that with more and more people seeing how scummy they are AND the fact that they've skinned their proverbial sheeps, and Betcoin/Jessica White don't have much incentive to market anymore. Anyone halfway intelligent has seen their scummy ways and has moved on to one of the other multitude of WPN skins, and anyone dumb enough to fall for their traps is already broke.