Topic: [SCAM SCAM]MONEYPOT[SCAM SCAM] officially announced not to buy RBIES as promised (Read 10734 times)

Probably misusing the word ironic, but... I find your reply to be ironic. 

Anyways, we're both looking to end our points.  We'll cross the bridge when we get there.

Take care.

You keep using the word scam and taking money like I or Moneypot ended up with it.  We didn't.  If I wanted to scam people, Moneypot still wouldn't exist, you wouldn't know who I am, and I still wouldn't be working hard day in an out.

I really haven't searched for one because I don't want to distract myself further with your childish games.  I used to have a lot of respect for you, but I can't even tell if it's you or JPR who's responding to me now.

You of all people shouldn't be making all these outlandish claims.  I believe you contributed more than anyone in how this has all played out. I have plenty more to say, but the day will come.

Take care.

I agree with you on some parts. Decisions were made and some of them had consequences.  It falls on different people.  Some, more than others.

I'm glad that you realize that none of it was intentional, which is what my point was and why I thought it's terrible that Jackpotracer gets away with bumping this and has 4 [scam] tags in the title. 

Now that we're here, all we can do is aim to fix it, which we are trying to do with the remaining people.  I wish it was this stable from the start.  I don't believe we'd be here if it was. 

I understand your point.  I agree with it, but I think you're failing to see mine.

It was more attractive to bet bitcoin with the rubies bet-mining, but at the same time, people were betting Rubies instead rather than Bitcoin. The Rubies betting volume that could have been Bitcoin betting was enormous.  It was doing multiples of the bitcoin wagering daily for quite a while.  

Just because something bad happens, doesn't mean you just give up on it.  You have to adjust and work towards making it great.  I understand that's what led us here, but the thought was that it was the better choice than just simply letting rubies, Betterbets, and us by indirect association taking on major damage that threatens its standing.  It all happened quite early into the takeover with a big team and no clear order.  We took what was dealt to us and tried to do the best with it as we could.  

Edit; I see that you're saying that we benefit from a higher Rubies price.  That is true.  Of course it's true.  But if we could have, we would just stayed away from it entirely.  We also did help increase its price, but as I mentioned several times before, you can tell that we didn't dump on it. I don't disagree with some of your points.  All I'm saying is that it wasn't some scheme to simply profit off of and never was aimed to be at the expense of others.  We took Rubies on to support the network and give it grounding so that all rubies holders (us included) could benefit from it slowly and over the long term where the coin holds real value.


 

You can only really prevent someone from not taking altcoins by forcing them out.  BetterBets was by far the most active casino and was the biggest reason for acquiring Moneypot, I imagine (I wasn't a part of the original deal).  It would be foolish to kick them out at the time.  This is why it was quite upsetting learning of Rubies and the program in the first place.

The Rubies coins were not destroyed.  Only coins that were destroyed are ones that were converted into R2B2.

I admit some decisions made were mistakes.  Some of them were forced out of consequence.  But none of them were scams or intended to hurt anyone.  That's why I've been quite emotional in some of these posts.
They were all meant to help Moneypot and all its users for the long term in some way. 

Before joining the Moneypot team, I saw a grand vision of what Moneypot could become.  It's why I had sacrificed quite a bit of time, energy, stress, and finances to try and get it there. 

The ICO partnership would have gone a long way to help make those dreams came true until we were under fire and threats.  Now, being powered by MonsterByte, Moneypot has another great chance at getting us there.  It won't be immediate, but I believe it will definitely get there.  And once it does, people will see why things were done the way it was.

Yes. 

Btw, Thank you for your information above.  It helps fill in the picture a bit better.

Moneypot never profited off of Rubies betting.  Moneypot never owned any of the Rubies income and had no part in its house bankroll at any time.

We disliked Rubies betting altogether because they'd be betting on Moneypot where Moneypot receives no commission and no part of the betting action. 

Moneypot never owned any of the Rubies bankroll / action.  It only owned a % of Bitcoin betting.

Rubies provided Moneypot a NET LOSS. It did not profit overall from Rubies.  It did make some income indirectly through its introduction (although I still believe it was offset more by players switching from Bitcoin to Rubies) but it didn't come close to the damages long term it caused.

Rubies, now however, can be transferred to R2B2 @ 1:1, which I do believe has a future once the system of betting, a house bankroll and community bankroll can be featured (which is planned as soon as we can).

I answer as much as I can.  I'd be much more willing to answer all questions if you didn't try to find selective spots to attack in them and likewise actually answered questions that I had for you.  

Moneypot does own a % of BetterBets currently.  I am not able to disclose full details about it, but I will say we never wanted to own a %.  We didn't want BetterBets to sell any part of their site.  The MP team that bought from Ryan were told that it was very unlikely that BetterBets was going to sell.  I highly doubt (I'm not certain because I wasn't a part of it) that the MP team would have bought it if it knew that BetterBets was going to sell any part of their site or create side coins to bet with.

Perhaps, we are just crossing our wires.  

While, there were some spots where it created income for Moneypot, overall it provided a very negative outcome for Moneypot.  Again, I wish it was never created in the first place and that sites weren't able to use side currencies.

We weren't very happy about the number one site in Moneypot at the time providing a different route of betting outside of Moneypot.  There were some short term benefits, but it was heavily over weighed by long term damages.

It got to the point where we felt it necessary to try and help the Rubies community, which was where the idea of the floor came in.  Yes, it was my idea and I lacked some foresight on some particular issues involved with it.   But it was a move that I wish we didn't do or need to do in the first place and it was designed to help out Rubies holders and prevent backlash towards Moneypot, even though it wasn't our coin.

a) I do not know the accurate details of this.  Rubies were given to investors of the stakeholder program, sites that adopted rubies (not us), and some were used for the bankroll.
b) Moneypot did not own any of BetterBets when Rubies was introduced.  We were actually surprised that it happened even though it was revealed to be in the works for some time.  We weren't happy about it.
c) Moneypot made commission on Bitcoin bets placed on BetterBets.  It made 0 commission from Rubies bets.  Many BetterBets players bet Rubies instead of Bitcoin, which adds to my #1 point from earlier.
d) I believe BetterBets gave out Rubies to profit as a coin and sell stakes in their site.  It wasn't designed to increase Bitcoin betting on Moneypot.  

edit; spelling
Also, thanks for being polite this time.

You have your opinion, which you're free to, and I have mine.  I just want to share a few last points and I'm done.  I'm not going into great detail and I'm not going to stoop to bickering and insults.

1 - Moneypot did not profit from Rubies.  I wish that it was never created in the first place.  It shouldn't have happened in the first place.
2 - The price was quickly declining and people blamed Moneypot even though we didn't have any direct involvement at the time.  Again, please refer to #1.
3 - Rubies went from having little to zero value to having a future again and it still does.  It wasn't a floor placed at the bottom, it was a floor that raised the bottom higher.  We could have profited from this move, yes, but we didn't dump the Rubies or interfere with the markets to do so.
4 - Rubies still has a future and still has value.  Personally speaking (not encouragement to trade/invest/sell), I would definitely buy more Rubies if it didn't interfere.  

It makes no sense for Moneypot to collect the entire supply of Rubies.  Coins need to be spread out a bit for it to have an actual use case which will be introduced soon in time.  

The system can and should still work and that's what I and Moneypot are working towards.  If things continued the way it was without the use case for Rubies, I don't believe it would have.  

I know you don't agree with me, but that's what I really believe and that's what I intend to get done.  

who is he?

Everything he touches turns into...hmm.... lead...

thanks for your comment, very much appreciated.

I am glad to shed some more light on Dogedigital's scam. I am not giving up though chances are slim but as I know who Dogedigital aka........aka.......... is I am sure I will meet him someday at the tables 

Wow, I never heard of the above website--it's very interesting. 

I'm also familiar with your issue with the dev reneging on the promise to buy back Rubies at a set price but I hadn't seen this thread bumped in a long time, so I wasn't following the status of the situation.  That sucks, but I figured it was headed toward this conclusion.  It was always a sketchy promise IMO, because anyone promising that they'll lose money for you is probably lying through their teeth.  I did not realize the coin was completely dead, however.

RBIES buyback forever Mr Dogedigital aka...........aka.........

https://www.coinopsy.com/dead-coins/rubies/

new info posted here

https://bitcointalksearch.org/topic/m.30590813

new interesting info from Monsterbyte posted in another thread

https://bitcointalksearch.org/topic/m.30576791

1. Monster Byte hasn't closed the deal with MP, we are waiting for the outcome of claim in Canada.

2. Provably.io (and all other sites that leverage MoneyPot) are owned and operated by individuals, not MoneyPot (or any parent company)

and

https://bitcointalksearch.org/topic/m.30580706

The deal we have been working on takes months to close, just like real-world M&A. Also in the real world, we have periods of due diligence to satisfy before closing on such opportunities. In this case, the press was released before the legal claim came in. If things don't work out for MP, we will retract our offer. We are hoping that's not the case as we believe we have the right talent to grow MoneyPot to be in a position of success and trust this year.

I missed you!

This Scam accusation needs a Bump. Be warned and lets not forget

please give us a link to understand what you mean regarding the dev