Topic: [ANN][ICO][BKB] BetKing Bankroll Token - 465 BTC raised in pre-sale! - page 2. (Read 35647 times)

I also have long been submitting blog articles, But no sign of receipt or rejected, I prefer a campaign that uses spreadsheets because it's clearer and transparent Than sitem beking

I don't see reason why not, if you submitted it
It will just take time to be added and reviewed.

Twitter is accounted for on the main bounty site. You can view all your stakes there.
Just retweet and wait a bit. It is not updated real time.

This has been bugging me since I raised a similar question. Dean answered here.

Go back one step: right after the ICO, the price in your example was $0.14 per Token. Now use the same math you use above: $7 million bankroll divided by 100 million Tokens puts the value at $0.07, while you paid $0.14.
The difference is of course the fact that there's more than the bankroll to give value to BetKing, just like "normal" company shares are worth more than just the cash owned by the company.

Will my Blog Articles post on July 21 be accepted?

Trueflip just a newcomer but they allready raised BTC1765
Betking Pre-ICO raised BTC465 , its easy to reach CAP for betking when the ICO start, because betking One of the biggest ever.
Lets wait and see mate hehe.

There is also trueflip and bitdice crowd sales and let's see which one will be the winning one. These coin gambling projects will get share from the market for sure. It's a booming sector.

The projects will be the king of gambling. Incomprehensible value late I hope.

hello BetKing.io bounty campaign manager. my stakes for tweets are still not showing and the icon that says connect to twitter has a red error sign. please update my bounty account. thanks

I'm interest in PRE ICO price, how long does it take to get an reply back?, Thank you!

Sure, give me $1.00, I'll give you 10 tokens worth .07 each.  I'll use the rest of your money to buy back 1 token every 3 months for .07 plus a little for your trouble, you'll have your money back in 2 to 3 years.

It's Genius. Sure sounds good until you work the numbers.

1.00/.07 per quarter = 14.28 quarters

I'll be the guy buying during Q2 for 90% discount. 

 I will ask something.

 Will it be updated this week? Stake??

I think buyback is a good insurance for investor, in this crazy ICO-time

Thank you for this answer.

Please hear me out on this, and hopefully this explains what I mean and hopefully a better situation for all. 

Hypothetical:

Money Raised:  $10,000,000
70% Bankroll:  $ 7,000,000
30% BetKing:   $ 3,000,000

Price per token:  $10,000,000/70,000,000  = $0.14

Q1 Profit:  $500,000
Bankroll at end of Q1:  $7,500,000

Buyback 10% of tokens: 71,000,000 x 10% = 7,100,000 (includes bounty token holders)

Buyback price:  $500,000/100,000,000 tokens = .005 + 0.14 = .145

Reduction to bankroll:  7,100,000 x .145 = $1,029,500.00

Bankroll value after buyback:  $7,500,000 - $1,029,500 = $6,470,500

Remaining Investor tokens outstanding:  71,000,000 - 7,100,000 = 63,900,000

Value of token after buyback as proposed:  $6,470,500 / 100,000,000 = 0.064705
(this is where the dilution comes into play, although not a typical dilution as in the stock market) - Q2 would need to overcome the deficit just to break even.

Value of token after buyback if repurchased tokens were burned:  $6,470,500 / (100,000,000 - 7,100,000 = 92,900,000) =  0.069650161


When companies buyback shares, the outstanding shares are reduced, thus raising the value of the remaining shares.  I understand that these are not shares, but the same theory applies.

Don't get me wrong, I'm not trying to dog your project, on the contrary, I'm still very interested under the right circumstances. I think there is value in your casino and profit to be made if done correctly.  I just think that by not burning the re-purchased shares it's a losing situation for the investor.

Please consider burning the re-purchased tokens, you would still always have the majority of tokens and they would be worth more and the more you burn, the higher percentage your 29,000,000  tokens represent (or whatever the final number is after all marketing and costs).  You would still achieve your goal of owning all tokens eventually.

Thanks for listening/considering.

Regards,
Dave

Big fan of how they are going to be doing quarterly buy backs using the profits, and that will help to determine the coins price.  It's very exciting I believe

hey op i want to ask a question about liquidation for desk or house.
how will you provided liquidation for bets, gamblings? with your own capital stocks ? from ico funds? or will you funded from other 3rd party clients?

Hi Dean, as I understand you use new BTC and ETH addresses, please provide it in the topic, thanks!

Old public addresses https://blockchain.info/address/18nidz1QbX1bCi9txkdozSZhiqsGx2JEE5 and https://etherscan.io/address/0xEB3dbc1cd1c19D6f7780066E47575916E11fa80d

In that case, I think you need to keep a record of your profit separated from the other token holders because part of that profit is used for buyback.

Betking doesn't pay dividends to token holders. Just quarterly buyback.

that's right this project will surely turned into a big success as mention by the dev they will hold some tokens to make sure that investors and holders
will be assured that the dividends and the token will not be dumped dev will push this project into a big earnings platform.