Topic: [ANN] BetKing.io ICO - Bitcoin Gambling website - 581.4 BTC raised so far - page 20. (Read 29690 times)
November 29, 2016, 06:45:53 PM
Why such short notice for the crowdsale? How can you expect anyone to mull over an investment decision or do any legitimate due diligence? I'd love to invest in a gambling project but not on this time frame.
November 29, 2016, 03:08:22 PM
You can't just divest your shares from the company if you mean by selling them back to me for Bitcoin.
But we will setup a trading platform either on site or with coin exchanges where shareholders can trade.
Right, I meant if I wanted to sell some or all of my shares privately to another investor/investors, I wanted to make sure you'd facilitate that. I've heard of other such programs where the people selling made the buyers "lock in" to their shares and wouldn't let them sell to anyone.
I think 0.01 or 0.001 could be a good minimum amount. Would like feedback on that.
Doesn't really matter to investors what the minimum is. If I invest 1BTC and someone else invests .000001BTC that doesn't bother/affect me as long as the shares are divided proportionally.
Quote
Also should there be refunds allowed in the 1st 3 weeks of ICO if > 2000 is reached?
Since the money is going to you and not to fund a bankroll, it's up to you. Obviously for investors the less total invested the better (because each share will be less diluted) but if you don't cap it at 2k then that would mean that the market value for each share is higher so theoretically we'd be able to recoup that money on the open market.
But, the best thing for the investors would be if you maintained a hard cap and if you went over 2k, to free up more shares so that you maintain the ratio of 1BTC invested = 15000 shares.
Yeah you're right about the market value and also refunds add some other issues too so I won't have a refund option.
November 29, 2016, 03:05:37 PM
You can't just divest your shares from the company if you mean by selling them back to me for Bitcoin.
But we will setup a trading platform either on site or with coin exchanges where shareholders can trade.
Right, I meant if I wanted to sell some or all of my shares privately to another investor/investors, I wanted to make sure you'd facilitate that. I've heard of other such programs where the people selling made the buyers "lock in" to their shares and wouldn't let them sell to anyone.
I think 0.01 or 0.001 could be a good minimum amount. Would like feedback on that.
Doesn't really matter to investors what the minimum is. If I invest 1BTC and someone else invests .000001BTC that doesn't bother/affect me as long as the shares are divided proportionally.
Quote
Also should there be refunds allowed in the 1st 3 weeks of ICO if > 2000 is reached?
Since the money is going to you and not to fund a bankroll, it's up to you. Obviously for investors the less total invested the better (because each share will be less diluted) but if you don't cap it at 2k then that would mean that the market value for each share is higher so theoretically we'd be able to recoup that money on the open market.
But, the best thing for the investors would be if you maintained a hard cap and if you went over 2k, to free up more shares so that you maintain the ratio of 1BTC invested = 15000 shares.
November 29, 2016, 03:02:58 PM
I pretty sure that you would be able to raise the full amount in the ICO period. betking seems promising and investing additional funds can take it to the next level.
I just wanted to know if there is a minimum limit or amount to invest like 50/100$ at least. I am small fish in the ocean full of whales. lol! would help if there is not minimum limit.
I just wanted to know if there is a minimum limit or amount to invest like 50/100$ at least. I am small fish in the ocean full of whales. lol! would help if there is not minimum limit.
I think 0.01 or 0.001 could be a good minimum amount. Would like feedback on that.
Also should there be refunds allowed in the 1st 3 weeks of ICO if > 2000 is reached?
0.01 BTC is pretty good minimum amount to start with. What about a refund if 1000 BTC is not reached? you seem optimistic to collect 2000 bitcoin in your previous posts. I think 2000 btc should not be a problem for betking.
November 29, 2016, 02:50:43 PM
I pretty sure that you would be able to raise the full amount in the ICO period. betking seems promising and investing additional funds can take it to the next level.
I just wanted to know if there is a minimum limit or amount to invest like 50/100$ at least. I am small fish in the ocean full of whales. lol! would help if there is not minimum limit.
I just wanted to know if there is a minimum limit or amount to invest like 50/100$ at least. I am small fish in the ocean full of whales. lol! would help if there is not minimum limit.
I think 0.01 or 0.001 could be a good minimum amount. Would like feedback on that.
Also should there be refunds allowed in the 1st 3 weeks of ICO if > 2000 is reached?
November 29, 2016, 02:46:51 PM
I pretty sure that you would be able to raise the full amount in the ICO period. betking seems promising and investing additional funds can take it to the next level.
I just wanted to know if there is a minimum limit or amount to invest like 50/100$ at least. I am small fish in the ocean full of whales. lol! would help if there is not minimum limit.
I just wanted to know if there is a minimum limit or amount to invest like 50/100$ at least. I am small fish in the ocean full of whales. lol! would help if there is not minimum limit.
November 29, 2016, 01:46:06 PM
Dean's ICO, watch it. Hi, I have a question, if people buy the shares of betking, the current bankroll will continue or not, I think they are investors(as banker/house) too.
Your question has been answered many times.
It's been stated for a month now that all current investors are being divested on 1/12/2016, so no the current bankroll will not continue.
Thanks
November 29, 2016, 01:43:11 PM
Dean's ICO, watch it. Hi, I have a question, if people buy the shares of betking, the current bankroll will continue or not, I think they are investors(as banker/house) too.
November 29, 2016, 01:40:55 PM
@BetKing.io
2 questions.
1. How will we be able to buy / sell tokens amongst ourselves.
We will need some sort of exchange site.
2. How can we (the investors) be sure that the 70% of your shares don't suddenly become available for sale.
It would potentially decrease the value of every token with 70%.
And probably even more because of people panic selling their tokens.
I'm basically saying that a market where 1 person has 70% shares isn't a healthy market.
You would have to much control over the available tokens on the market.
And you could deflate the market at any time.
I will like Betking.io answer to these questions especially the second one because centralisation of 70% of the shares in someone's hand is a threat to other investors and also how do you come about the valuation and believed that you worth to have 70% of the total shares of the project. Assuming the project was able to raise 5000BTC form this ICO. That means you are holding 11667BTC Betking token in value.2 questions.
1. How will we be able to buy / sell tokens amongst ourselves.
We will need some sort of exchange site.
2. How can we (the investors) be sure that the 70% of your shares don't suddenly become available for sale.
It would potentially decrease the value of every token with 70%.
And probably even more because of people panic selling their tokens.
I'm basically saying that a market where 1 person has 70% shares isn't a healthy market.
You would have to much control over the available tokens on the market.
And you could deflate the market at any time.
As mentioned a few times we will look to put the shares on an exchange or build one in to the site, or a separate site.
Regarding the second statement. You just have to trust me. I'm one of the most trusted members of the forum and have looked after 6000 Bitcoin of other peoples money for a few years now.
That said. There's nothing really stopping me selling more shares. Unless there's some legal reason.
If after a while I wanted to sell an extra 10% privately to raise extra funds I can and there would be just one other person gets some of my share. Your share remains the same. There's no new tokenscreated.
As for the worth. This is a business that I built from scratch and created a brand that has made $5 million in two years.
That's what you are investing in. I don't need to be holding 11667 btc as you state.
Remember I am not forcing anyone to invest here. It's up to you. If you think it is a good investment for you then invest if not then there's plenty other places.
Thanks
November 29, 2016, 01:33:23 PM
All sig spammers for the campaign E B I T Z will be deleted, no exceptions.
That was 7 posts of total nonsense all clearly by the same guy.
That was 7 posts of total nonsense all clearly by the same guy.
November 29, 2016, 01:10:54 PM
I still do not understand why betking.io make ICO as well, but was happy to get an answer from this thread of course, thanks
November 29, 2016, 01:08:38 PM
Another Betting project ICO, I think people are looking at the success of projects like Vdice and want to take advantage of this, Betting market is huge wishing the best.
Lol read first before you comment. The Betking is already in operation for years.
About BetKing:
https://betking.io is one of the oldest Bitcoin gambling sites, launched in April 2013, and has since grown to become the most trusted and one of the most popular Bitcoin gambling sites with over 397,000 Bitcoin wagered and earned over 7200 Bitcoin profit.
I am looking to make BetKing and Bitcoin gambling grow even bigger and inviting you to be part of it and share the success.
https://betking.io is one of the oldest Bitcoin gambling sites, launched in April 2013, and has since grown to become the most trusted and one of the most popular Bitcoin gambling sites with over 397,000 Bitcoin wagered and earned over 7200 Bitcoin profit.
I am looking to make BetKing and Bitcoin gambling grow even bigger and inviting you to be part of it and share the success.
I'm sure gonna watch and participate in this ICO.
November 29, 2016, 12:39:12 PM
What ICO also use escrow services or using funds directly from the site betking.io 
November 29, 2016, 12:30:03 PM
@BetKing.io
2 questions.
1. How will we be able to buy / sell tokens amongst ourselves.
We will need some sort of exchange site.
2. How can we (the investors) be sure that the 70% of your shares don't suddenly become available for sale.
It would potentially decrease the value of every token with 70%.
And probably even more because of people panic selling their tokens.
I'm basically saying that a market where 1 person has 70% shares isn't a healthy market.
You would have to much control over the available tokens on the market.
And you could deflate the market at any time.
I will like Betking.io answer to these questions especially the second one because centralisation of 70% of the shares in someone's hand is a threat to other investors and also how do you come about the valuation and believed that you worth to have 70% of the total shares of the project. Assuming the project was able to raise 5000BTC form this ICO. That means you are holding 11667BTC Betking token in value. 2 questions.
1. How will we be able to buy / sell tokens amongst ourselves.
We will need some sort of exchange site.
2. How can we (the investors) be sure that the 70% of your shares don't suddenly become available for sale.
It would potentially decrease the value of every token with 70%.
And probably even more because of people panic selling their tokens.
I'm basically saying that a market where 1 person has 70% shares isn't a healthy market.
You would have to much control over the available tokens on the market.
And you could deflate the market at any time.
November 29, 2016, 12:07:41 PM
@BetKing.io
2 questions.
1. How will we be able to buy / sell tokens amongst ourselves.
We will need some sort of exchange site.
2. How can we (the investors) be sure that the 70% of your shares don't suddenly become available for sale.
It would potentially decrease the value of every token with 70%.
And probably even more because of people panic selling their tokens.
I'm basically saying that a market where 1 person has 70% shares isn't a healthy market.
You would have to much control over the available tokens on the market.
And you could deflate the market at any time.
2 questions.
1. How will we be able to buy / sell tokens amongst ourselves.
We will need some sort of exchange site.
2. How can we (the investors) be sure that the 70% of your shares don't suddenly become available for sale.
It would potentially decrease the value of every token with 70%.
And probably even more because of people panic selling their tokens.
I'm basically saying that a market where 1 person has 70% shares isn't a healthy market.
You would have to much control over the available tokens on the market.
And you could deflate the market at any time.
November 29, 2016, 12:04:09 PM
Sounds like an ICO I will be dipping my winkle in. Reserved and ready to show my face on the 1st.
November 29, 2016, 11:49:16 AM
ICo agan 
I saw a lot of ICO thrive on this forum even gambling sites also create events ICO, glad to hear it
I saw a lot of ICO thrive on this forum even gambling sites also create events ICO, glad to hear it
November 29, 2016, 10:51:44 AM
I don't get it, if you have a bankroll for investment, why do you have an ico?
November 29, 2016, 08:59:06 AM
@Dean , what about the previous invested amounts, will they collaborate here?
They will be auto divested on thursday and it is up to the owners of those coins if they want to reinvest into the ICO
November 29, 2016, 08:57:08 AM
@Dean , what about the previous invested amounts, will they collaborate here?
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