Quote from: actmyname on June 09, 2019, 03:55:56 PM

@marlboroza

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

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. 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?

Quote from: BetKing.io on June 08, 2019, 04:44:52 PM

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

Most sites' terms say that terms can change. I'd be concerned if a crypto site didn't say that as nothing is proven and we are in uncharted territory. Makes it exciting times and luckily betking is surviving and bkt price rising due to better management and removing schemes that scammers took advantage of. Can't blame the scammers for getting upset.