Quote from: RHavar on June 08, 2019, 04:32:14 PM

Quote from: BetKing.io on June 08, 2019, 04:08:48 PM

You are under the assumption that this was all a personal loan I got from investors.
It was an investment in a business.

Ok. It's not easy to have a discussion with a scammer who can't even stick to basic facts. I was willing to cut some slack if you were forced into a corner by financial circumstances, but if you're just going to keep blatantly lying it's a bit difficult to try be charitable.

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For anyone reading, the original BKB was a personal loan to Dean. He and I discussed that aspect extensively, when he wanted me to buy some BKB tokens to help him increase his BTC exposure (as he'd supposedly have to sell some BTC to pay some poker debts).

The original pricing formula used for BKB didn't take into consideration any expenses for the business, which were supposed paid for by Dean. And as such, investors never got any equity in the business. The original deal was structured as a personal loan to Dean, which was denominated in USD but instead of interest people would get paid some of the *revenue* (to not expose them to business risks) from betking until the loan was paid according to a fixed schedule.

Dean was ecstatic about the structure of his ICO and how much money it made him personally when the price of bitcoin was up (but he never sold the bitcoin he raised, and his debt was denominated in USD). But the second it came to him losing money, he had no hesitation in renegging.

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But if Dean's not going to be honest about how things were, and what went wrong -- there's no point really wasting more energy on this discussion. It's already pretty well established that Dean's a liar and a scammer. But I do wonder why he's suddenly after months now trying to defend his little scam? Dean, you wouldn't happen to be trying to float another ICO in the near future? :rofl:

It's not easy to have a discussion with someone who refuses to believe anything I say. Who twists everything I say. Who can't use basic logic or stick to facts or show proof of any false scam claims.

I shouldn't waste any time on you now considering a) you are a competitor and b) you are actively trying to damage my investors chances of seeing a return on investment. I don't care about the money I've lost.

I thought you were meant to be smart as well. I have no idea why anyone listens to you or trusts you on this forum. You got lucky with bustabit but you have no clue what you are talking about when it comes to business.