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Topic: [ANN][Token Sale Oct 29] STOCKBET - Bet on Cryptos with working software! (Read 5965 times)

brand new
Activity: 0
Merit: 10
Several people have already left comments on your ICO page: https://icoholder.com/en/ico/stockbet-2925 It would be great if you will follow your page and help your potential investors.
full member
Activity: 420
Merit: 103
StockBet takes security very seriously. The company encrypts the password, backup data and much more. And for us, security is the main thing
newbie
Activity: 10
Merit: 0
I hope to hear some news tomorrow . I see where the registration went or not?  Good luck and I hope to see more news!
full member
Activity: 266
Merit: 101
The Future of Global Copyright Registration
TO ALL BOUNTY HELPERS

The campaign activities have been tabulated to the spreadsheets.  Feel free to point out any inaccuracies.

However, please read our previous comment about the closing of the sale and the unlikelihood that the project will proceed.  Please assume that it will not proceed.

This is a great project, I hope you will come back anytime to make this project a lot more successful. All the best team. Rest and come back stronger.
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
TO ALL BOUNTY HELPERS

The campaign activities have been tabulated to the spreadsheets.  Feel free to point out any inaccuracies.

However, please read our previous comment about the closing of the sale and the unlikelihood that the project will proceed.  Please assume that it will not proceed.
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
We want to thank all of the helpers in the bounty campaigns.

Unfortunately, we are closing this phase of the Token Sale as we do not believe that we will raise sufficient funds and we will refund anyone who might have bought tokens.

Here are possible reasons, that we can come up with, for the lack of sales:

  • Our BullBear game is a bad idea.  Betting on stocks is a bad idea.  Betting on cryptocurrencies is a bad idea.  Maybe there is insufficient demand.  (Though, there is proof that there is demand for financial betting.  IG Group, Nadex, Binary.com and many other companies provide Financial Spread Betting, Contract for Difference and Binary Options.  IG made £456.3 million in 2016, despite being boxed into mainly the UK by regulations.)
  • Insufficient marketing.  Some ICOs had terrible ideas, but they spent a ton on marketing and raised lots of money.
  • The number of ICOs have exploded.  Many investors got frustrated and gave up because of the time needed to find good ICOs or to avoid scams.  Or, they focused only on the high profile ICOs.
  • We should never have tried to start something that might ultimately need compliance or regulatory approval.  This restricted what we can say or do.
  • We were not willing to ignore security and gambling laws.

    • Other ICOs ignored them.  They blatantly promoted their coin as an investment and how it will go up in value.  They gave the middle finger to security regulators.  They blatantly promoted their coin as part ownership of the gambling house and because the house always wins, their coin will profit from the winnings.  They gave the middle finger to gambling regulators.  We would not say either of these.  If regulators come after a project, it will be bad, not only for the founders but for all of that project's token holders as well.

    • To ensure that we're not selling a security or enabling gambling, StockBet adopted a strategy similar to EOS.  StockBet’s site states that it will not list the token on an exchange.  Therefore, the token cannot be converted to any other currency and may never have any monetary value (unless a third party puts the token on an exchange).  Most ICO investors are flippers.  They usually sell and lock in their profits immediately after the token is listed on an exchange, which they cannot do with StockBet tokens (unless a third party puts the token on an exchange).  Investors love exits and liquidity, which StockBet was not going to provide.

    • We promoted the StockBet Token as a way to play games.  We treated people too much as customers, not as investors.  The buyers did not see themselves as such.  Most token buyers are only interested in making money, not in playing games.  See:  https://bitcointalksearch.org/topic/m.23694586

      User Yuuto asked:
      "I think the idea of social competition where people can match up with each other instead of having to deal with a boring order book is great and will boost the business. However whether or not an ICO is going to be worth an investment is doubtful.  Where are the token's value actually going to come from?”

      User Coldsnap4457 replied:
      "The token's value is going to come from multiple sources
      - Winnings. Token holders are like the house. The house always wins.
      - The white paper says that a % of the house cut will be burned. So with deflation, the tokens will go up in value
      - Demand. Let's say people want to gamble in total $1 billion worth. They'll have to buy Stockbet tokens to do this. This will drive up demand for Stockbet tokens and its value.”

      User Yuuto replied:
      "True. Thanks for your clarification.
      So the plan is when the ICO ends, every single bet will be processed in the tokens that are sold in the initial ICO stage, correct? I mean this is definitely interesting and i've personally wanted something like this(1v1 bets) for a long time.
      Hopefully more people can hear about this project :-)”

    • To ensure that we’re not on the radar of regulators, the StockBet website rejects buyers from U.S., Canada and China.  Most other ICOs did not do this.  We received this message:

      • "I was about to join in the token sale when I read that US and Chinese customers were excluded from the token sale.
        Are you not loosing out on a huge customer base?
        Will US customers generally be excluded even from betting on Stockbet?"

The above are guesses, as nobody will be able to do a survey of all the people who chose not to buy the token.

As stated on StockBet’s website, the plan was to have two phases of the Token Sale.  The first phase is the one we are closing now.  Phase 2 was planned for 2018.  There is a slim chance that we host phase 2 if the following happens:

We raise sufficient funds to:

  • pay for a regulator-approved ICO
  • pay for proper marketing

If we can host a regulator-approved ICO, then we can clearly articulate the following:

  • We will list our token on an exchange (to appease the ICO flippers)
  • We will use funds to get a license for gambling
  • Tokens will go up in value because:
    • Tokens represent the house.  House always wins and winnings will drive up value of tokens.
    • We will burn a % of the house cut, which will induce deflation and drive up value of tokens.
    • If the market wants to bet a $1 billion worth, they will need to buy StockBet tokens, which will drive up the token’s value.
  • We will solve problems plaguing financial betting sites, such as the following (all of which can be solved with a cryptocurrency and smart contracts):
    • Operator cheats. They tell you that you won $200, when you really won $300.
    • Rogue employees steal your money.
    • Takes days to open an account:  You have to provide your passport, drivers license and utility bill to prove your residency.
    • Takes a long time to deposit your money.
    • While your money is in the operator’s pocket, you are stressed because you don’t know if it will get stolen.
    • Can take 3 days to withdraw your money.
    • Expensive fee to withdraw.
    • Hackers steal your identity.
  • Our mission is to replace IG Group, Nadex, Binary.com, etc.

Therefore, we will keep the records of the tokens that bounty helpers have earned up until 2017-11-20, just in case we are able to progress.  If we host phase 2 and it is successful, we will award the tokens, that you earned in phase 1, to you.  Though, you should not expect that this will happen for certain.  If it does not happen, please accept our apologies for wasting your time.
sr. member
Activity: 1554
Merit: 255
payMe - P2E
Bitcoin round (https://stockbet.com/#/BullBear/round/17971) just ended and it was another doozy. Bulls were winning, losing, winning, losing, winning, then lost.

Get your bet in for the upcoming round on Ethereum:

https://stockbet.com/#/BullBear/round/17970
very long time for nothing update your new news, in this thread or your social Network. did you have a serious about your project?
member
Activity: 84
Merit: 12
This is a quick message from icotoinvest.com:

We would love to have your ICO project reviewed and listed on our site www.icotoinvest.com.

ICOtoINVEST purpose isn’t just to get your project listed but to proceed with a reliable, unbiased review of your project adding value and building trust towards your campaign.

We also provide advertising and promotional opportunities targeting specific sectors of the crypto community whilst promoting our listed members’ cause.
full member
Activity: 196
Merit: 101
Joined the Twitter campaign:

Your Twitter Handle: https://twitter.com/rafhasanm
Number of Followers: 50
Your Ethereum account address: 0xD4C1fF010a131FfA77BA19Aba7B516805897E9e0
Your Slack username: RafiHasan
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
Token Sale starts in 3.5 hours.
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
Bitcoin round (https://stockbet.com/#/BullBear/round/17971) just ended and it was another doozy. Bulls were winning, losing, winning, losing, winning, then lost.

Get your bet in for the upcoming round on Ethereum:

https://stockbet.com/#/BullBear/round/17970
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
Follow https://bitcointalksearch.org/topic/overstock-goes-for-largest-ico-ever-at-500-million-2324406 for explanation of why Overstock will raise $500M in their ICO and how this is good for StockBet.
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
A Bitcoin ETF Could Just Be around the Corner
https://www.cryptocoinsnews.com/bitcoin-etf-may-just-around-corner/

Is this another catalyst to boost Bitcoin's price?

Another step towards the mainstream?

Get your bet in the new BTC round:  https://stockbet.com/#/BullBear/round/17973
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
Bitcoin cannot seem to get above $5,777.

Latest Bitcoin round starts in 40 minutes:

https://stockbet.com/#/BullBear/round/17971

Get your bets in!
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
Overstock Shares Surge 30% After $500 Million ICO Announcement
https://www.cryptocoinsnews.com/overstock-shares-surge-30-after-500-million-ico-announcement/

The stock has gone parabolic…up 200% in past 12 months.

Overstock can potentially enable StockBet to gamify more of the $70 Trillion stocks asset class!

We’ve opened a round on Overstock.  Make your bet:

https://stockbet.com/#/BullBear/round/17972
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
We did some research and found the right hashtags to use and how to enter them.  The following has been added to the instructions for the Twitter campaign.  Please read and modify your retweets going forward.  Thanks.



Retweet @stockbet_com and add hashtags.  Ritetag ranks hashtags by “exposures per hour”.  Based on that, please use the following hashtags.  The top ones should be used the most often:

#ICO
#bitcoin
#blockchain
#cryptocurrency
#crypto
#btc
#ethereum
#TokenSale

Please note the capitalized letters in the above hashtags. Hashtags are supposed to be case-insensitive.  We were entering #ico in our tweets, but they were not appearing under the hashtag threads, until we used #ICO.

Please use two per retweet.  If you enter more than that, Twitter might flag your retweet as spam and not show it under the hashtag.
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
I hope that the ICO will be completed by December 31. And if you're lucky, until October 31 Grin
But once the project is dedicated tobetting, then luck should be on your side!

Thanks for your well wishes.
sr. member
Activity: 574
Merit: 250
https://eloncity.io/
Good afternoon, did not find the end date of your ICO. When does the ICO end?

This sale period ends when hidden cap is reached or December 31 is reached, whichever happens first.

The details of the Token Sale can be found at https://stockbet.com/#/tokensale

Please do not hesitate to ask any other question.
I hope that the ICO will be completed by December 31. And if you're lucky, until October 31 Grin
But once the project is dedicated tobetting, then luck should be on your side!
sr. member
Activity: 322
Merit: 250
Make A Bet on WORKING SOFTWARE
Token Sale starts in 2 days!

Let's get this party started!
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