Post
Topic
Board Gambling
Re: BETKING & DEAN NOLAN: Disastrous Reputation! Read This Reddit Post.
by
JollyGood
on 22/08/2018, 13:45:09 UTC
Any comments regarding the Reddit post?

Yea... it was mine lol. Dean got eviscerated in that thread.

I really liked the analogy when you wrote in that Reddit post:
"Imagine you walked into Shark Tank and you told Mark Cuban 'I want 1.5 million dollars (2000 btc) for you to invest in 30% of my company. I've shown success in this other market, but this new market I've never been in and I don't know yet exactly what we're going to do, but I know a lot of people in the industry, trust me'. You'd be laughed off the show."

Why on earth did people fall for it and invest in this disastrous 2017 ICO that many people say was designed to make Dean Nolan a millionaire by him siphoning off large chunks of the ICO funds as there was no accountability to show exactly where the funds were spent. For example some people say the 30 million Betking tokens that were supposed to be used for promotion and development (as mentioned in the whitepaper) were not correctly used for that purpose.

If the website was already created and already "ready" and was virtually the same website which Dean Nolan closed in 2016 only to re-launch in 2017 then he has been accused of siphoning off those funds for himself.

My opinions are not important but people are calling Betking and Dean Nolan scam and scammer because there are no published accounts to show what Betking has been doing and because Dean Nolan has locked the Betking thread to stifle those who are asking him to explain where the ICO funds went, where the 50% ICO funds supposed to be used for bankroll are and those askign him to return the ICO money to investors and token holders because his calculation to obtain the Betking token price is basically pathetic.

Shame on Dean Nolan for accusing investors of not using "due-diligence" and blamed them for investing (because they did not read the small print). Disgraceful behaviour by Dean Nolan.