In 5-6 weeks Minexcoin will start to send their cards worldwide. That will be disaster for Monaco team and their token holders.
Minexcoin will remain a bigger project than Monaco. Minexcoin has a better team of developers and will be doing well for many years.
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Yeah, but people who are interested in MinexCoin are so hungry and they canīt wait. Especially when everything needs a time and some things are not issued on time.
Monaco has been saying regularly over the past 12 months their cards were being sent out in a few weeks but in the end they have nothing. Their investors are so upset. In business many things happen but Minexcoin and their team are at least kind and courteous, they are polite and try to help. Their product will challenge any other similar product out there but give them a little time.
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Keep going Minexcoin. The team and the project deserve all the support and back up. They have worked hard to get to this point and we appreciate all their hard work. So close to the finish line now. I want to hear from card recipients as soon as they receive them ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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That is most common issue which are facing all the people who placed their orders but they are still silent and giving any update on the status of this product. That silent is making frustrate all investors who are waiting from long time.
The silence is broken by bits of information and videos posted showing progress but Monaco have let this situation get to this point. Not impressed.
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At first they must install terminals in few firsts shops... but they delay and delay all deadline. Terminals not installed nowhere yet?
As far as I know there are no terminals in existing shops but the deal they signed in the Middle East will allow them to be installed in shops ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Bitcoin is king, simple.
Bitcoin Cash is Wu and Ver therefore can never be king, simple
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Is it confirmed that there are 100,000,000 BKB tokens?
Because the ICO description divides the total bankroll value of $ 6,500,000 with only 70,000,000 BKB tokens leading to the value of $ 0.09286 per token.
Whereas if you divide the $ 6,500,000 total bankroll value with 100,000,000 BKB, the value is only $ 0,065 per token!
So if there are really 100,000,000 BKB tokens, BetKing sold them for 40% more like their real value was!!!
And if such a ponzi scheme crushes, you of course can not get 40% more like its real value on the free market! It was stated that there were 100 million Betking tokens created. 70 million tokens were supposed to be distributed for ICO investors and Dean Nolan was supposed to keep 30 million for marketing, promotions and "website development". What investors were not told was that those 30 million tokens were going to be part of the "profit" distribution so ICO investors who were getting very little profit anyway were now getting even less because Dean Nolan was claiming profits on the 30 million tokens that were in his possession. On top of that nobody seems to know how many tokens were "given" in exchnage for the "website development" and who the alleged "developer" was. People are saying that the website was virtually identical to the one Dean Nolan closed in order to run the ICO so people believe Dean Nolan pocketed that tokens for himself under the guise of paying a "developer" but again because there is no accountability that he has provided means that information cannot be checked and verified. Those allegations and suspicions are still following him around and most people believe tehm to be true because of the screenshots of the Betking website he used to show potential investors when asking for funds in the ICO. A very strange set-up in the first place and then to have the nerve to write that people should have had due-diligence before investing just does not cut it with me. That is one of the reasons so many people are calling this Betking website a scam.
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... That's not true, our own one was on the front page when you posted. ...
I apologize, I just noticed this as well. Iīm also glad that you actually decided to unlock the original BetKing thread. ... That post has nothing to do with the current ICO which was launched in July 2017. THe thread you linked to is from 2015. ...
I strongly disagree with this statement. If you were looking to sell the site in 2015 while mentioning a shift of interest towards other projects as the reason for selling, this information is obviously highly relevant when you raise millions for the same project (even though it was rebranded) 2 years later. It is a bit of a stretch to claim that this post has nothing to do with the ICO in 2017 when it is basically the same project and the same owner. If I contemplate to back a project with an investment, I obviously expect that the owner is fully committed to the success of the project as well. You have to admit that a post like this from 2015 may have created some scepticism with regards to your future commitment to the project. You are correct when you disagree with what Dean Nolan has stated. There are many of us who share the same view. The fact he tried and failed to sell the site twice (as has been mentioned before by other users here) strengthens my opinion that this "project" and ICO has all the hallmarks of an investment campaign that was created with the sole purpose of making Dean Nolan wealthy. He shutdown a moderately successful Betking website returning investors money and then re-launched the same website and same platform using an ICO with terms that basically guaranteed he will become a millionaire overnight and at the same time the structure ensured investors will get back next to nothing in profit and will lose large portions of their original investment. What is more, the recent increase in activities by Dean Nolan by launching a couple of games and sponorships of various threads in this forum to try to improve the damaged image of both Betking and of himself looks extremely desperate. His activities are coinciding with the increase in people questioning Dean Nolan asking for proof that investors that lost money are happy.
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Man.. investors got royally hosed with this ICO. Basically it all boiled down to which would appreciate better: BK or BTC.
The answer, IMO was pretty obvious right from the get go. IMHO, Dean should just buyback all the tokens, open up the site for classical invest/divest BR model, and collect 35% of the profit. All this ICO money raised and it ended up with some updated UI and some slots. Having investors in site was actually quite profitable as other investors gamble tended to gamble in the past. Remember Road2Wealth? With the investors gone, it's just a bunch of 2 bitcent gamblers left, leaving the site desolate.
I understand what you say. To be clear several of us have pointed that out already and cannot understand why an ICO was needed even though we heard the reasons given. The only purpose that can be found for an ICO seems to be a way for which Dean Nolan to have raised money. Dean Nolan stated he has given a step by step breakdown to all investors about the expenditure which is clear. I have not yet sent a PM to any investor to ask for that information but I will try to do it within a couple of days. Once I have that information it will become easier to understand where the funds went IF he has it listed and broken down. I am convinced the ICO money that went to pay for "development" went directly to the pockets of Dean Nolan because he already had a working fully functional betting website of which he gave screenshots when trying to raise ICO funds. From what I read there has been no statement from Dean Nolan that has shown any sign of remorse for the failed Betking token valuation and buy-back facility. If Dean Nolan has tried to make amends by now holding 70 million of the 100 million Betking tokens then that is a step forward but without knowing the key information about how much an individual paid for the tokens, how much profit (if any) they made and when they sold their tokens what was the net loss investors made. Effectively for every net loss that the investors made it is clear it was always a win-win situation for Dean Nolan who made millions without even investing anything himself and using an already existing betting website to raise ICO funds under the guise of development and bankroll. If Dean Nolan releases information about where the funds were spent and all can be verified I will be the first to thank and congratulate him if investors are shown to be making a profit and those that sold their Betking tokens ended up with a net gain instead of a net loss. I doubt he will do it but hopefully he will prove me wrong. The Betking telegram is more of an announcement channel with little or no information of substance, it does not allow live chat where investors and users can talk to each other. Dean Nolan has locked and unlocked the Betking thread at Bitcointalk when he felt he needed to try to silence those questioning his business ethics (or lack of). Hopefully he will make public that information after all what is there to hide?
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What was the back story about the team split? This is news to me.
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Agreed with all the people saying that waiting is the name of the game for now: the price will inevitably rise and BTX is going to make us some serious money, whether you believe it or you don't We just have to wait a little longer! Agreed. Patience will be essential. Bitcore will be have a great future.
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Your project is worth the attention, I like the new and promising new money in the future will bring great results. Can you give me a little more information about project? thanks you
I think all information is available on the website.
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Bitcoin is king no doubt about that. It will be around far longer than Bitcoin Cash.
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Many retails outlets based in Asia and Europe will follow the news from the Middle East. Without doubt Pundi X will be massive news ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Any Bitcoin address not starting with 1 is a fraud and scam. The only legal Satoshi Bitcoin has and always will start with 1 everything else is fake. Bitcoin has introduced fake Bitcoins alongside real once with the long term goal of only have fakes, bankers version. Bitcoin Cash ensures real Bitcoin for ever.
Edit: The very essence ot Satoshis whitepaper, anyone abstracting is a scam and fraud. "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." Bitcoin is peer to peer, Segwit it is a 3rd party custodial service nothing to do with bitcoin
I never heard anything of the sort. Where are you getting your information from? Bitcoin is a work in progress and many changes will occur as time goes by. You cannot provide any credible evidence to back up and support what you say.
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A whole year after taking $26 million in the ICO they do a "test" ATM withdrawal.
MCO really fucked up big time I was number 107 (i think) on the reserve list for the card and now the app is not even updating because it's Geo-locked so now i can't lock my MCO tokens to get a card. I didn't download the app since months ago, I reserved my special black card. I this still on plans or they changed ?? delivering in Europe soon ? Thanks Monaco make promises and never fulfill them. They have been telling the world since August 2017 that cards were to be shipped out within weeks but a year later nothing happened.
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I think this post underestimates the king of the contract token. I believe Ethereum will solve these issues and remain number 1. They have every opportunity to stay the king. The others have a huge hurtle to overcome as the 1st to the party usually is hard to dethrone.
Elaborate please. What changes and modifications are needed to make Ethereum better? Or what features should the next innovaative coin have?
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No news about this. All quiet on the Telegram too.
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Even though Monaco's price is down but the thing that makes me optimistic about the future of MCO is a very large volume of transactions, this is a sign that MCO can be great in the near future.
Even with Kris as its CEO? The same Kris that was CEO of now failed Ensogo? I have no hope for Monaco card. Until you provide more info about that Ensogo thing, can we presume he learned something from his previous mistakes? Look at Donald Trump, so many bankruptcies and he's president of the USA now ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I am not giving any more than that. Any search engine will throw up information about Kris and Ensogo ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I'll say this one last time. The biggest investors are all in our private token holder telegram group or have me on direct contact on telegram, skype or email.
None of them have the concerns you have been posting non stop for a week because they all read the terms of the ico before they bought tokens and have had constant updates from me.
The only things you, game-protect, chazley and a few others are posting here is speculation about things you don't know about (you are not a token holder), exaggerations, false information or outright lies (chazley being the worse there).
If you were an actual token holder and you were in the correct channels you would know everything that has went on with the site, costs, plans, how many tokens I've bought back, where funds have been spent on etc. I've bought back enough where I now own over 70% of tokens. I'm not sure who you think has been done over.
Again, all major investors knew exactly the terms and what they were getting in to, like they did with countless other ICO's they bought in to, which have actually performed far worse than BetKing.
Are there a few people unhappy? Yes. But they are mostly people who didn't do due diligence and read the details of the ico before they bought tokens, like people do with a lot of other ico's. Most of these people have sold all their tokens back to me anyway.
So feel free to continue the spam attack and spreading false information but until you have a real token holder (easy to prove, it's crypto remember) then there is nothing for me to answer in this thread. Thank you for the information you provided in the message. I will get back to you in a day or two after trying to verify that information. I suppose I appreciate you mentioning some of the things you did mention because maybe you did not have to but if that information is readily available to ICO investors and there is some sort of way to cross-reference the information then I will try to get hold of the very last or most recent sheet you made available, after that I will get back to you. Yes in ICOs not all investors will ever be happy and many will make a profit and many a loss. Personally I feel the lack of (as you refer to it) people who didn't do due diligence and read the details of the ico before they bought tokens does not make it plain and simple the fault of the investors. In fairness to them the bounty participants were trying to shut down, shout down and silence any voice that asked questions about the way the token system was valued. And yes you made everything clear (except some people thought they were buying a portion of the casino and some thought they were buying a portion of profits) and you also made it clear that you would no longer answer any questions because they doubted your motives. I raised many concerns with you at the time about why a millionaire would shut down and re-open a betting website. I raised many concerns and questions and was not really happy with the response or the eagerness of the bounty participants to drown out my voice along with others that questioned the process but we tried to get clarity. If what you say is true about owning 70% of the tokens out there then to be fair to investors you should not be claiming your 'profits' on those tokens. The profits should be distributed between the ICO investors and most definitely not on the 30 million tokens that were not released to the ICO investors and not on any that you personally held or any that Betking purchased in the buy back. My personal belief is you did not spend all of the 30 million retained tokens on marketing and development and you are still claiming 'profits' on those when the 'profits' should be going to the ICO and other token investors. If you say the investors have clarity on exactly what the state of play was and is regarding the tokens you held then, hold now and also sold then that is great news. I will try to get hold of that information, check it and get back to you. Having said all that I thank you again for making a bold statement about you owning 70% of the Betking tokens. I just hope that you stop selling tokens now because the formula is flawed and helps only you while ensuring the investor loses out. If you must continue to sell the tokens then please consider raising the 10% buy-back to at least 25% and please consider defining another formula to sell future tokens so that investors can at least be in a position to make something more in 'profit' and ROI wise. About the signature, as a gesture of goodwill I will be removing the comments about you and Betking. Thank you.
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