Post
Topic
Board Scam Accusations
Re: [FLAGGED] [scam] BetKing.io broke ICO promise and dropped token value 99%
by
actmyname
on 21/06/2019, 22:54:22 UTC
and Dean came from good place when he bought unhappy people out, your basically arguing that in any  shape or form Betking investors should not have lost anything despite how poorly the site did, so your basically mad because people didn't get a risk free investment. Show me where I can find risk free investment?
You are strawmanning my argument. Do not twist my words to fit into a more easily-collapsible argument because that is a poor way of creating a rebuttal.

The site was absolutely not risk-free. However, the price formula was as follows:
fundsRaised / 70,000,000 + profit / 100,000,000

The original token price was set at $0.09286 / BKB.
Thus our formula is then $0.09286 + profit / 100,000,000
The issue is that investors were promised buybacks which were then rescinded. How is that justifiable to you?