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

It was made clear in the original post on this thread.

You can also see how to take part in the buyback here https://betking.io/blog/first-bkb-buy-back-date/

All ICO info can be found here https://betking.io/ico/

There really is nothing in all this thread that has not been answered before the ICO even started which is why I don't check this much. I also still don't get notifications of replies here for some reason.