Quote from: LoyceV on March 20, 2019, 04:28:24 PM

Quote from: BetKing.io on March 20, 2019, 03:35:04 PM

Go and get me a list of all the people that think I scammed them with that decision and the amount of tokens they hold.
I think you will find it would be a small list. I know that it can't possibly be even 10-20% of all the tokens that were ever in circulation and I would wager that the majority of those don't think it's a scam

Why would it be okay to screw over 10-20% of token holders? If it's such a small amount, why didn't you continue the buy backs?

Quote

the rest probably didn't understand the old token or the new one.

It's pretty easy to understand that I can only exchange my BKB tokens for something that's worth only 1%.

The owner/operator of betking did not reply to you here. Did he reply in a PM?

I mentioned earlier in a post I have a degree of sympathy for him but it does not negate his incompetence as a business owner/operator while playing with millions of US$ of other people money. The sympathy is purely because he is (and always was) way out of his depth when trying to manage betking. In the chase for instant riches he let this project slide in to oblivion essentially because of his own greed.

Quote from: RHavar on March 20, 2019, 04:03:27 AM

Quote from: BillyBurns on March 20, 2019, 01:25:51 AM

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.

I am looking forward to reading his next set of replies before deciding on what I do next. To give him some credit, he addressed some of the points raised by those asking questions and it was a step in the right direction but he skipped past several important points raised and questions asked. His version of events for example about how he did not try to dupe RHavar is frankly hard to accept and his continuous avoiding/addressing points raised just add more red flags to any potential game player or investor betking might have.

Him not addressing the fact that he gave his word he would cover all losses for token holders even if BTC dropped to $1.

It seems he has used every excuse in the book to protect himself while allowing token holders to get the worst possible deal.