Post
Topic
Board Gambling
Re: BetKing.io is a blatant scam operated by Dean Nolan
by
actmyname
on 09/06/2019, 15:55:56 UTC
@marlboroza

These are the relevant parts of BetKing's stance on buybacks.

You are under the assumption that this was all a personal loan I got from investors.
It was an investment in a business. With all investment in any business there was risk.
There was no "deal". There was no "guaranteed" buybacks.

You do know that the price of the original token could easily have dropped to 100th of the original ICO price too right?
Where in your image does it say the word guarantee?
It says BetKing will offer to buy "up to 10%"

Thus, we can conclude that simply writing terms on the site does not guarantee that they are going to be in-effect for any predictable duration.

In this case, there isn't anything exactly stopping BetKing from changing up the structure again if they decide not to buyback the BKT tokens, is there?

It's either:

A) Buybacks were part of the original token terms and were removed subsequently
B) Buybacks were not part of the original token terms but were written on-site with no remark indicating removal thereof