Yes you are wrong. Minexcoin will be offer a great VISA card service. In the coming days and months it will go from strength to strength.

We all have a duty to inform the community to about any scam or potential scam no matter how small or big.

I do not know who the current devs are now. It used to be the team members as mentioned in the whitepaper, unless they advise anything else it seems the same dev and team are on-board.

As for the price it is so low right now the only thing I can see is that technically it is a better coin than Bitcoin Cash and the price difference between the two is huge. I hope the price will start climbing soon.

BTX is going to be big in the coming months. The price will climb steadily.

I refuse to believe anything that the dev team say. For a whole year they did next to nothing and now they are "doing" things to amke the "project" work?

The proof is in the token distribution formula itself, it was designed to ensure he became rich while the investors had little chance to even get their money back and break even. The silence on his part when asking to prove where the cold storage funds are held, how the funds have been spent, how much was spent on development leaves other to conclude what they want. Dean Nolan blaming investors for them sending their crypto to buy the Betking tokens at a loss because "investors did not show due-diligence" is a disgraceful thing that Dean Nolan said.

As for solid proof, we would all see solid proof if Dean Nolan allowed audits or at least published expenditure accounts but or at the very least gave expenditure accounts to investors. It seems Dean Nolan has probably avoided doing that in order to siphon funds designated for "development" for himself.

What evidence do you have to make that suggestion?

I just used the IGNORE button 

Since most if its competitors have still not put cards out there I suppose it has a good chance to make its own niche in that market.

There was no deal with VISA when the ICO started. They waited to see what sort of funds they received. They anticipated a few million at most but ended up with over $26 million at the time of the ICO ending but increased multiple times in value a few months later when Bitcoin and altcoin price peaked. After they started to get the funds they decided to apply to become a VISA partner. That process took a long time to get verified.

Shame on Monaco failed CEO Kris Marszalek. I feel sorry for the investors.

I like the way you used the word 'shady', I need to use it for a bit too

Yes his locking and unlocking of the Betking thread is pathetic as much as it shady. Here is a link to a Reddit post containing private messages between Dean Nolan and another user from here.

It shows exactly how shady Dean Nolan is:
https://www.reddit.com/r/Bitcoin/comments/5gfdxk/betking_trying_to_censor_questions_about_ico/

As for him never replying to your PMs, why would he when people are saying he already has become a millionaire by siphoning off much of the ICO funds for himself while claiming to spend the funds on the bankroll, on promotion and on development? Dean Nolan does not have time to waste on people who send him PMs and now that you called him a "prick" I doubt he will bother getting back you at all.

Yes real projects must develop gradually but "projects" such as Monaco are a disgrace. They keep telling investors the cards will be released "soon", that has been going on since August 2017. Now they say the cards will be released in September 2018 (next month). I do not believe them, they are not telling anybody the real reasons they have been delaying the release. Shame on failed Monaco VISA card CEO Kris Marszalek. I feel sorry for their investors.

At least Minexcoin has a good team, they engage with investors and are active. I hope Minexcoin does well and hope they release their VISA card soon.

They keep delaying the release of the VISA cards but they do not explain the real and true reasons behind the delay.

The VISA cards were supposed to be sent out in August 2017. We have been hearing for a long time that the cards will be sent out but they never were. Now failed CEO Kris Marszalek is saying he will send out cards in September 2018 (next month) but I think it will not happen.

Shame on failed CEO Kris Marszalek. I feel sorry for the investors.

Do you have a link/URL for this claim?

That price difference will remain in the long run too as Bitcoin price goes higher and Bitcoin Cash loses value and interest among crypto users.

I hope so. This is the real coin that should be number two to Bitcoin.

That is what "Ensogo" investors did but in the end the company was shutdown and investigated in various jurisdictions for fraud.

Kris Marszalek the then CEO of Ensogo is the same CEO that Monaco has right now. People should sell up and abandon this "project" it is destined to fail.

MobileGO is finsihed as a possible investment. The "team" have hardly done any work and have no chance of succeeding.

Where are the funds?

Who spent them and where?

Where is the accountability?

After reading some posts from upset investors in the Betking thread I realised something was not right. After investigating it became clear why they were not happy, the reasons included but not limited to:

- the way the tokens were calculated, the formula is flawed and caused losses to investors

- the way 30 million withheld tokens were used to "steal" investors profits because they were not issued to anybody, they were held back

- the complete lack of accountability on part of Dean Nolan to show proof he has followed through with the whitepaper promises of 50% ICO funds going to bankroll

- virtually zero development took place on the December 2016 shutdown website vis-a-vis the "new" post-ICO 2017 website. Why did Dean Nolan use ICO funds for it? Who received it? Was it siphoned off?

- it was reported he tried to sell the Betking twice before closing it down with a view to re-opening it solely with the purpose to siphon money for his own pocket

- many more questions and concerns...

I did not invest in Betking. During the 2017 ICO it was looking very suspect so I started advising investors to stay away from it so Dean Nolan threw his toys out of his pram, spat out his dummy and said he would refuse to answer any questions related to his motives for having the ICO.

Just because the bounty participants were getting free tokens for "promoting" Betking they pounced on any post that was critical of Betking or Dean Nolan. The moment the ICO ended, the bounty participants abandoned Betking and left Dean Nolan to answer the questions of corruption himself. He could not handle it so locked the official thread to try to close down free speech and valid concerns. He removed the Betking ICO thread too in order that people would not be able to see what was going on.

Sadly while ICOs are now the normal there are far too many failures and scams. If there was accountability then it would clear up the issues. Dean Nolan thinks we will believe him that the ICOs funds were held in cold storage. He never gave any wallet addresses to show any proof, he never gave an account to which developer he paid money to to "develop" a website that did not need developing. All he did was wait a year to add plugin Livetable affiliate games.

Dean Nolan even insulted investors by saying they should have shown "due-diligence" before parting with their monmey because they did not read the small print about the Betking token valuation when the large print was promoting "7400 BTC in profits" and all that nonsense before the website was closed down in December 2016, only to re-open in identical format in 2017 after the ICO.

Nobody seems to understand where the funds went other than people saying that Betking and Dean Nolan are scam and scammer because they say he siphoned off the funds for his own pockets.

https://betking.io/ico/

Thank you for the post.

Check out the information yourself. None of the claims made in that link can be verified be Dean Nolan refuses to allow audits or supply proof that he has followed through the promises of the whitepaper.

Dean Nolan has registered the company that owns Betking in Costa Rica so getting him to show the accounts will be difficult but not impossible if there was enough will to do it by investors. Unfortunately it seems many of them sold their Betking tokens at a loss as they gave up hope and thought to get something back rather than risk getting nothing.

There is no way of ascertaining that he did use 50% of the 2017 ICO funds for the bankroll. There is no way to ascertain what happened to the 30 million Betking tokens that were held back for promotions and development. As Dean Nolan re-launched an existing website that he closed in December 2016 in order to have the ICO, the funds could not have been spent on development.

The fact that those 30 million sitting tokens were used to take part of the "profit" means that investors are getting less back during the buy-back and that is only 10% of tokens every 3 months.

Dean Nolan has been accused by several people of siphing off funds for his own pockets. My personal opinion is not important but people are calling Betking and Dean Nolan scam and scammer.