Quote from: actmyname on December 01, 2017, 12:22:34 AM

Quote from: snowboard789 on November 30, 2017, 04:41:59 PM

Quote from: swirve on November 30, 2017, 04:32:23 PM

I think the question boils down to this:

Let's say there are 10 million tokens out there and $10 million in profits over a quarter - then each token would gain $1 in value (obviously, I'm making all these numbers up).

At the end of the quarter, 1 million tokens are taken out of circulation.

So the next quarter, if there are another $10 million in profits, is that distributed between 9 million remaining tokens or the full 10 million? I assume it's the 10 million - otherwise, all the profits in the casino would just go to a smaller and smaller group of token holders, which would make no sense and BetKing would never gain anything as a result. But i think that's the question he's asking.

exactly it's nowhere clear what does the buyback do and why you would prefer the buyback from simply selling on hitbtc for example

How is it unclear? The profits are distributed across all tokens. Dean buys back the tokens on the site. The price on HitBTC < the price on BetKing.io. You can choose to dump on there and treat it like another short-term investment... or you can let your token value grow with the site. ¯\_(ツ)_/¯

Quote from: HEvangelista on November 30, 2017, 06:30:47 PM

I wonder what happened to the faucet feature? I was amazed when I first saw it

It was one cent. I don't think it's that impressive.

I don't think you understand what I am writing. Do the tokens get destroyed or not. It's a very simple question.