Topic: [FLAGGED] [scam] BetKing.io broke ICO promise and dropped token value 99% - page 8. (Read 3938 times)

I would like to apologize to BillyBurns (and Dean) for accusing them of being the same person. I believe I was incorrect, and was wrong to be so rash, and should have talked to them in private before I posted. I was also incorrect in how I analyzed the timezones: I made the mistake of believing the bet timestamp was in UTC but it was actually in local time. Therefor they are in clearly different timezones.

If i sell tokens at current price on exchange yes.
If I hold and wait I may
If I hold and wait I might not

Have you lost money in Dean's ICO?

I'm not a employee. I am a original ico investor who mods his forum. I was also a mod for his forum like 2 years ago. I have never been paid a cent from Dean other than profit from investment in site roll pre ico.

Fair enough. I'll agree I don't have enough evidence to say you're Dean, and there were several things I noticed in the screenshot that I wouldn't have expected of Dean. Would you be willing to disclose your working relationship with him (i.e. are you an employee of his)?

You are not the only one who noticed how he will avoid answering the questions. As you mentioned nobody is asking for anything except some information related to betking.




Links?



Will you throw another tantrum, spit your dummy out and throw your toys out of your pram then make another threat to "leave" the forum just as you did many times before only to return with your tail between your legs?

It never stopped you offering useless and worthless EOS BKT tokens as bounty for those fools that post here to promote your betking scam even though despise this forum and its members.

You've fallen for their trap.

These questions have all been answered many times over the past year. They just go ignored or have my words twisted to suit their narrative.
Where's the money? Been explained many many times and the people who it matters to most are very well aware of how the business operates.
Where's the buybacks? Been explained, they happen every day on the site.
Where's the massive wins causing huge drop in token price? See there's where you took their claims as fact. This never happened.

I don't need to explain anything here. You can say what you want about the reputation but I defended the reputation of the site for a year against this idiots campaign and didn't get any moderators doing their job of deleting his account or posts. Yet my posts just asking "show evidence" were deleted. Clear corruption in this forum.

Jolly good is clearly a moderator or is close friends with one of them. I've been given details of moderators who accept payment from sites to post negative stuff about competitors. I'm not sure if it's true yet but it is definitely clear that jolly good breaks forum rules more than anyone I've ever seen, for a year straight, and nothing is done about it.

And now even you join them.

No point in even visiting here is there?

I'm mobile so forgive the massive quote. Harder to edit and clip out the shit I want this way.

Dean I have never had an issue with you to this point but in response to why should you explain anything to anyone, the answer is to protect your reputation.

The fact is, you owe anyone who asks an explanation. Yes some are trolls but that doesn't matter. It's not like they're asking for your home address and want to visit you. They're asking legit questions. Where's the money, where's the buy backs, where are the massive wins to cause a huge drop in the token price? All legit questions whether coming from trolls or not

Answer the questions and put the shit to bed. Getting pissed off will solve nothing and make the situation worse.

Maybe you care maybe you don't but your actions define who you are and who the site is

still catching up on reading this thread but had to say multiple posts like this are inappropriate.  Edit your 1st post like this and delete the rest would be the best way to show this image.

That is precisely the point.

Scammer Dean Nolan seems to answer the questions he wants putting up a stern defence when he wants to but anything that exposes the way he mismanaged funds is ignored. He refuses to answer and refuses to acknowledge.

Even his mouthpiece and betking representative BillyBurns comes back to defend his master scammer Dean Nolan with the flimsiest of defences but does not answer the questions.

I know dude your not part of the troll group. I use to talk to you on bitdice a longtime ago in case you don't remember. The sportsbook was eating a lot of money  (obviously a very bad choice) but dean was giving better odds to induce action but all that did was invite professional gamblers, wish I would have known that since I also profit from sports longterm could have warned him or taken some of the juicy action. As for being worse for investors that tricky because as you know bitdice hasnt done too stellar and I think a big reason is because you dont allow onsite investment anymore for anybody. I think this type of investment brings players and traffic and sometimes investors turn into players after they take some losses, so while yes were not the entirety of the house bankroll anymore for the longterm sake of the site I think it might just be better this way. From what Dean has said I believe developers and promos  and advertising were eating up a lot of $ and not generating anything from them. I can vouch for the promos eating up a lot of money I know for a fact those daily poker tournaments were giving free money away several times a day and im sure it was adding up.

The issue here, in my opinion, is not the fact that he's trying now. It's the fact that from what I see investors are simply getting way worse of a deal than what it used to be. This seems pretty clear wouldn't you think? Instead of getting quarterly buy backs (which were assumed to be a certain price) you're getting what now? Dean says nobody lost anything but the fact that you're only able to either wait or sell for a MASSIVE loss... that seems like losing to me.

Also Dean seems to just simply be dodging some of the questions. Like how did the value drop if there were no massive wins on the site and what not?

I'm more of a bystander here and I've been observing all of this quite a bit but none of my money is at stake so take that as you please.

That does not negate all the other issues including not allowing token holders a choice of either cashing in or going for the EOS token swap. Scammer Dean Nolan says he acts in accordance with general consensus of token holders but in reality he behaves like a dictator.

Yeah I did say that and Dean saw that post and emailed me and I talked to him. All the information I was getting was  speculation since nobody had any proof, I was angry at the time and came in here spewing because I was mad. When Dean emailed me I told him i was mad that the site seemed to be regressing games taken away, chat removed, exchange was made it seemed only for us to dump on  it really did seem at the time he was sabotaging the site. He told me changes were coming and he is working as hard as he can to make it right. I told him I hope that was true, then a few weeks went buy and I noticed changes, site was looking the best it ever had, he even was answering noobs  questions, chat came back. That was good enough for me to see that things were going in the right direction for once. Then I came back here and started reading all this non sense by all these users who don't know the difference between "Proof" and "speculation" and state "Opinions" as "Facts" all day everyday for a very long time.

 It's funny to me, all these troll accounts act as if they care for the players or investors, but from what I have seen going on the people hurting the investors the most are the troll accounts here that are spreading "speculations" as :Truths:. Does anyone here think Dean is altering the rolls? Does Anyone here think he will exit scam on the current crowd funded bankroll? Does anybody here think Dean is to incompetent  to secure player funds?

No. And I don't believe that many tokens holders will be happy. They owned a part of BetKing.io, which is going to close. Swapping tokens for a token worth 99% less doesn't make sense, but they are given no choice. Whatever new project is started, old token holders see their share diluted by 90%.

The logical and fair thing to do, would have been to let token holders choose: a 100% buyback, or a token swap.

To be fair, I've been included in the earlier quarterly buybacks (before they ended).

https://bitcointalksearch.org/topic/m.50267661

Scammer Dean Nolan wrote: "The token price was $0.09286 after the ICO. The token value is calcualted as $0.09286 + ((total bankroll profit of eth, btc, ltc in $ at current exchange price) / 100,000,000) Which is now $0.0966. A profit of $0.00374 per token": https://bitcointalksearch.org/topic/m.25690525

The value of BKB held by LoyceV should have been 7278 BKB x $0.09286 (+profits) = $675.84 minimum flat rate without any profits to take in to consideration.

If the site made no profit it should STILL guarantee a buy-back of BKB at $0.09286 which totals $675.84 because those were the terms of the 2017 betking ICO by scammer Dean Nolan. He claims he used 600 BTC of the bankroll to buy-back BKB tokens however he excluded LoyceV from that buy-back and also never explained how much of that alleged 600 BTC went directly in to his own pocket via him selling his own BKB tokens.

I suggest the alleged 600 BTC used to buy-back tokens was a ruse, just a convenient way for scammer Dean Nolan to sell his own tokens alongside other token holders because any other outcome does not make sense. Sometimes he says he purchased the buy-back tokens at loss to himself and he owns 70 million BKB tokens and sometimes he says the 600 BTC of the bankroll was used to purchase the buy-back tokens.

Scammer Dean Nolan conflates himself and betking as one-and-the-same as and when he pleases because it adds to the confusion and gives misdirection.

What do you think?

One of them created this thread.

@Loyce, as token holder, are you happy the way how things are going?

Because someone is still holding tokens because you promised price of token will never drop https://bitcointalksearch.org/topic/m.50269606
And some other things which have been repeated dozen times but you have never addressed them so I don't see point in repeating them..

I don't think he's Dean but if you look at my post history I quoted a post from him where he was fed up with him and implied he's a scammer. It didn't take long for him to go from that to defending him. That could be for whatever reason...

Edit: here

That is an excuse for you to avoid answering. Very immature, throwing another tantrum.

Let us start with LoyceV as being one

The way betking is going it will be dead soon. Your reputation means nothing to investors but those scammed have long memories and will never forget. For those that did not ask for an audit and took your word for where the money was spent, sadly they deserve to suffer losses as a result because they put blind trust in you. I would never trust a scammer like you


So because LoyceV owns 7278 BKB tokens will you answer his questions if he lists them? He is an original BKB token holder after all.

If he sends me some BKB tokens and I become a BKB token holder, will you answer my questions about betking expenditure post-ICO?

Well?

Where is the need?
Why should I explain to you when you've spent a year on this smear campaign?
Why should I explain to any of the DT members here when they were so quick to label it a scam when they had no evidence and didn't invest in the ICO themselves?
Why should I explain to any trolls who just ignore what I say (all questions have been answered at some point in the past year but you ignored them or twisted my words).

Where are the people who I should explain to? Where are the people who feel that the site is a scam?
If I had scammed $6.5 million there should be hundreds of people posting in here demanding money back.
Where are they?
There isn't anyone.

All of you just proved that the forum is toxic and none of you should be trusted or have your opinions or views taken seriously.

Continue on with your circus. It means nothing. We have players and investors who are happy the way things are going. That's who should be getting the attention.