Ps Rhavar can you get someone to lock most of these threads but the main BK and leave Jolly one of these threads rather than him pumping all 5 several times throughout the day. I have emailed plenty of mods they don't care what I think.
I don't have any special privileges, but I have suggested several times that I think game-protect should be banned (almost all his posts are thinly veiled ads or links to a scam service) and that all-but-one of JollyGood's threads locked or merged (actually: hopefully JollyGood can do that voluntarily, as it serves no one by having discussion split up like that).
This is where a interesting conversation starts. I was a ico investor and I have received no special treatment. My 1st reaction was anger. As for Dean being frugal you must have not been around when he was doing daily tournaments and freerolls with overlay day after day in poker tournaments. Also is reported that pro gamblers were crushing the sportsbook due to the favorable odds.
Fair enough. I know Dean has run a lot of pretty generous promotions. Something I think is a bad idea, as you attract edge-hunters, and not gamblers.
According to what I have heard is that Dean was buying back tokens from people who were unhappy with the ico (did not know this was occurring). So some investors were able to exit without a loss and even a profit from BKB investment on site.
The reason those investors were unhappy was because the BKB token was pegged to USD, but BTC was going through the roof. So they thought it was unfair that Dean makes a (
personal) profit at their expense (compared to if they just kept the BTC, and never invested). I always defending Dean, because this was the terms and Dean repeatedly said that had price gone down, he would've
personally compensated investors out of pocket.
Is renegging on a promise a scam? That is a question that I think each person can define differently. Now if intent was good but methodology was bad is it a outright scam? Do you think Dean intent was for this to occur?
No, of course not. I'm sure it was his intentions that bitcoin price went and stayed high, and then he would've made a huge personal profit and none of the mess happened. But bitcoin price did drop. And those BKB tokens represent a debt he had to people. If Dean was an honest person who treated his obligations seriously, he would've put every effort to honor his debt (up until the point of bankruptcy).
He made a bet bitcoin price would go and stay up. He got it wrong, and he owes money for that. It's just not fair or honest to be like "lolz sorry, turns out I bet wrong. Let's just ignore that and pretend it never happened". And let's also not pretend Dean doesn't have the resources to actually repay his investors he screwed. He's no doubt netted a few million from his little ICO scam, and if memory serves (I might be wrong, I'd need to check) I was in talks with him to sell him my site for 10M dollars. He's only motivation here is unabridged greed.