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Topic: BETKING & DEAN NOLAN: Disastrous Reputation! Read This Reddit Post. - page 10. (Read 2956 times)

legendary
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A very interesting read.

The scammer Dean Nolan has decided to cancel paying out over 20 BTC to winners of last weeks Christmas wager promotion because too many people won and he would have to give away too many BTC. He decided he did not want to do that so he cancelled all bets.

The serial scammer pathetic fool Dean Nolan has outdone himself with this one... again

 Shocked
Without the required dumbasses, scam artist Dean Nolan would be a ZERO!



I call them "victims" because they were scammed.

It is true scammer Dean Nolan would be "zero" if he was unable to scam people but the people who got scammed were not to blame, they were unfortunate enough to fall for the betking scam.

hero member
Activity: 1344
Merit: 507
A very interesting read.

The scammer Dean Nolan has decided to cancel paying out over 20 BTC to winners of last weeks Christmas wager promotion because too many people won and he would have to give away too many BTC. He decided he did not want to do that so he cancelled all bets.

The serial scammer pathetic fool Dean Nolan has outdone himself with this one... again

 Shocked
Without the required dumbasses, scam artist Dean Nolan would be a ZERO!
legendary
Activity: 2534
Merit: 1713
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As usual no one in this forum has any idea what they are talking about including Ryan with his snarky comments.

Yet, you make no attempt of actual clarifying.

Quote
Everyone posting about BKB when they don't know how many tokens I've bought back or own or how many people were happy to switch already to the new project or any actual internal running of the business.

Seems kind of irrelevant? You massively screwed BKB holders, I believe some investors were selling their BKB tokens at < 20% of their "buy back" price after you renegged on your promises. Even if a small amount of people were screwed, the fact is you still screwed your investors. (I also have a hard time believing it was an insignificant amount, or why would you even ruin your name over it?)


Quote
Now we have people jumping to conclusions about the prizes and talking about multi accounting.
Where did I say the contest was cancelled only because of multi accounting?

You do realize that this is a forum? You can post your justification for the pretty insanely drastic action of reverting all the bets and not giving out the promised prizes? Complaining that no one one understands your reasons and refusing to provide them isn't exactly a good look.

Quote
It's stupid for anyone to call it a scam when no one at all loses money.

Only need to see the posters though, 2 actual participants have posted and zero investors and zero token holders. Just trolls and haters. Pathetic.

I also know you're well-aware you have seriously disadvantaged some players with your bet/prize reversal.  I talked to someone in private who is in this bucket as they should've won a significant amount from the wagering contest. kolloh from this forum (who did post) also appears to have been similarly been harmed.

Considering your should've paid out 20 BTC + 50% EV (??) in prizes, but net player loss during Dec was pretty minor -- it's rather obvious the only reason you did the reversal is because you end up with a lot more money in your pocket than if you didn't.

I'm really trying to be charitable here considering your long history in the bitcoin world, but I have trouble seeing what you're doing as anything other than first scamming investors and now your players. Please correct me if I'm wrong, as I'd really like to be.


A very interesting read.

The scammer Dean Nolan has decided to cancel paying out over 20 BTC to winners of last weeks Christmas wager promotion because too many people won and he would have to give away too many BTC. He decided he did not want to do that so he cancelled all bets.

The serial scammer pathetic fool Dean Nolan has outdone himself with this one... again

 Shocked

legendary
Activity: 2534
Merit: 1713
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The scammer is back in the forum after he threw his toys out of his pram and spat out his dummy. He threw a tantrum and said he would leave for good but the scammer is back.

Everybody beware of the scammer Dean Nolan and his betking and bitsafe scams.
legendary
Activity: 2534
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People who trusted these bad reputations guy deserve anything tbh

Well the truth is people can be trusting or gullible and newbies are easily fooled so they might not know or understand the truth about scams so I cannot agree with your statement.

Instead of blaming investors and users for getting scammed and getting ripped off, I prefer to blame the scammers instead.
full member
Activity: 392
Merit: 101
People who trusted these bad reputations guy deserve anything tbh
legendary
Activity: 2534
Merit: 1713
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It appears it has a vry bad reputation...

Both of them (Dean Nolan and Betking) do
legendary
Activity: 2534
Merit: 1713
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It appears it has a vry bad reputation...

Both of them (Dean Nolan and Betking) do have a very bad reputation. Dean Nolan just sent me this PM a short while ago:

"lol you are that sad that you made a script to post the second my thread was unlocked Smiley
get a life.

You wonder why no investors are posting in your thread? Because everything you have said has been asbolute shit and lies.
You have not even bothered to listen when I answered questions and instead just post until my reply is burried.

I also know about your very poor seo effort.

I take it you are paid by stake/pd or something?"


Seriously, is this the pathetic little worm that fooled investors in to parting with their money in the scam ICO?
legendary
Activity: 2534
Merit: 1713
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Any comments regarding the Reddit post?

Yea... it was mine lol. Dean got eviscerated in that thread.

I really liked the analogy when you wrote in that Reddit post:
"Imagine you walked into Shark Tank and you told Mark Cuban 'I want 1.5 million dollars (2000 btc) for you to invest in 30% of my company. I've shown success in this other market, but this new market I've never been in and I don't know yet exactly what we're going to do, but I know a lot of people in the industry, trust me'. You'd be laughed off the show."

Why on earth did people fall for it and invest in this disastrous 2017 ICO that many people say was designed to make Dean Nolan a millionaire by him siphoning off large chunks of the ICO funds as there was no accountability to show exactly where the funds were spent. For example some people say the 30 million Betking tokens that were supposed to be used for promotion and development (as mentioned in the whitepaper) were not correctly used for that purpose.

If the website was already created and already "ready" and was virtually the same website which Dean Nolan closed in 2016 only to re-launch in 2017 then he has been accused of siphoning off those funds for himself.

My opinions are not important but people are calling Betking and Dean Nolan scam and scammer because there are no published accounts to show what Betking has been doing and because Dean Nolan has locked the Betking thread to stifle those who are asking him to explain where the ICO funds went, where the 50% ICO funds supposed to be used for bankroll are and those askign him to return the ICO money to investors and token holders because his calculation to obtain the Betking token price is basically pathetic.

Shame on Dean Nolan for accusing investors of not using "due-diligence" and blamed them for investing (because they did not read the small print). Disgraceful behaviour by Dean Nolan.
member
Activity: 266
Merit: 10
It appears it has a vry bad reputation...
sr. member
Activity: 395
Merit: 264
Any comments regarding the Reddit post?

Yea... it was mine lol. Dean got eviscerated in that thread.
legendary
Activity: 2534
Merit: 1713
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Any comments regarding the Reddit post?
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
https://www.reddit.com/r/Bitcoin/comments/5gfdxk/betking_trying_to_censor_questions_about_ico/

A small excerpt from the Reddit post warning people how Dean Nolan could not justify having the Betking website ICO. Why did people invest back then?

If it was lack of "due-diligence" that Dean Nolan boasted of recently as he blamed the investors for them ending up with an investment that gave them little or no return while the same time making Dean Nolan an overnight millionaire then that sadly is that but even now with the way the structure of the useless and worthless Betking tokens are set up Dean Nolan is allowing gullible people to buy the tokens directly from the shady Betking website.

"You need to lay out exactly what this 2000 bitcoin is going towards.

I think an important question is, why would any contacts or software developer you know want to help build you a casino platform that's worth a damn if you they aren't going to have any equity in the business? Why wouldn't they just build it on their own?

Imagine you walked into Shark Tank and you told Mark Cuban 'I want 1.5 million dollars (2000 btc) for you to invest in 30% of my company. I've shown success in this other market, but this new market I've never been in and I don't know yet exactly what we're going to do, but I know a lot of people in the industry, trust me'. You'd be laughed off the show.

It is also important to note that 1 bitcoin earned 2 years ago is not equal to 1 bitcoin earned today. Back then, the price was about $250, and now its at $750. Even 6 months ago, the price of bitcoin was about 60% of what it is now. A huge chunk of the profit came from those time periods. Bitcoin is at, basically, an all time high. I get the thought process from your perspective, although I think it is misguided. You've tried to sell Betking at least 2 other points in the past year that I can remember, but the problem is almost all of Betking's value stems from the bitcoin community's trust in Dean. The brand and software has very little value in my opinion - that's why no one ever offers anything close to what Dean feels Betking is worth (apparently 7000 btc)."

All people thinking of buying Betking tokens, please do not do it! I feel sorry for the ICO investors and those that bought Betking tokens from the Betking website after the ICO.

It makes great reading those comments from people that have been scammed by Dean Nolan. We all know Dean Nolan closed the Betking thread here because people began asking him about the 2017 ICO and how investors bought in pathetic useless Betking tokens.
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