Post
Topic
Board Scam Accusations
Re: BitDice Robbed Investors? CSNO lost 80% value
by
BoXXoB
on 17/02/2020, 21:11:39 UTC
I am posting this answer on behalf of the management:



This answer to several ignorant allegations is going to be solitary and final. Please be acknowledged that further communications will be held solely in the form of quarterly reports.

To begin with, as it has been clearly stated before, CSNO is a dividend token. That means the token holder is entitled to receive a share of Casino's profit. That's it, period.

Nevertheless, to dispel the unfounded accusations, please see below.

The initial price has been $8.4m/100m tokens = $0.084 per token.

With the buyback program running on the website, one can instantly sell CSNO approximately at 50% of the ICO price.

Sure enough, it is a remarkable upshot taking into consideration more than two years passed since tokens were issued.

Should one decide to dig deeper into BitDice financial matters, they are very welcomed to scrutinize the Quarterly reports, which are published on Medium.

As for the BitDice development pace,  the team admits that the buildout period has been significantly more than it has been initially planned and announced.

Due to business nature, it was hard to predict all the obstacles that had arisen. It's almost impossible to open a bank account for crypto-related companies in the EU, not to mention gambling as business activity. As an example, attempts to fix an agreement with Wirecard related to fiat payments processing took almost a year and finally ended in vain due to circumstances that were out of the team's control.

Moreover, at one point it has been decided to cease certain activities until the launch of the new website, which is currently under the final stage of development.