[ANN] BetKing.io ICO - Bitcoin Gambling website - 581.4 BTC raised so far

[MrJelliesBelly]

Every investor should get the same amount of shares for their money. Only maybe after a year if you do another ico and issue more shares can the price be higher but not in the same ico.

[BetKing.io]

Every investor should get the same amount of shares for their money. Only maybe after a year if you do another ico and issue more shares can the price be higher but not in the same ico.

I know your account says newbie, though it's probably an alt you're building for sig campaigns , but just look in this sub forum.
Almost all ICO's work this way

[MrJelliesBelly]

Every investor should get the same amount of shares for their money. Only maybe after a year if you do another ico and issue more shares can the price be higher but not in the same ico.

I know your account says newbie, though it's probably an alt you're building for sig campaigns , but just look in this sub forum.
Almost all ICO's work this way

Not really but my problem is valid anyway. Not all ico's work like that, really only the ones who want to sacm do.

And what ever happened to you selling Betking on Bitpremier? No takers???

Did you think I dont know?

https://www.bitpremier.com/1-other-luxury-items/2125-online-bitcoin-casino

[BetKing.io]

Every investor should get the same amount of shares for their money. Only maybe after a year if you do another ico and issue more shares can the price be higher but not in the same ico.

I know your account says newbie, though it's probably an alt you're building for sig campaigns , but just look in this sub forum.
Almost all ICO's work this way

Not really but my problem is valid anyway. Not all ico's work like that, really only the ones who want to sacm do.

And what ever happened to you selling Betking on Bitpremier? No takers???

Did you think I dont know?

https://www.bitpremier.com/1-other-luxury-items/2125-online-bitcoin-casino

Haha, you guys go to some lengths to troll me in this forum, always new accounts.

I've never seen that ad. It also says it started in 2014 when in fact my site opened in April 2013.
I have stated many times I would never sell for that low a price too. I've turned down offers more than that publicly in this forum.

There's no secret about selling either. If a company came to me right now and offered £3-4 million up front I would sell and move on to other things.
No one is making that offer so instead I'm doing the ICO fundraising and growing the business instead.

Investors in the ICO will be happy if they invest and in 2-3 years we sell for £10+ million I imagine.

[RedGolpe]

Investors in the ICO will be happy if they invest and in 2-3 years we sell for £10+ million I imagine.

Indeed.

[MrJelliesBelly]

Investors in the ICO will be happy if they invest and in 2-3 years we sell for £10+ million I imagine.

Indeed.

Thats never going to happen because betking will have no legal obligations to buy out any holders.
I dont like how your trying to scam people betking.

[RedGolpe]

Haha, you guys

Your assumption that they may be more than one is probably driven by misleading Sith propaganda.

[fiscorcle]

Every investor should get the same amount of shares for their money. Only maybe after a year if you do another ico and issue more shares can the price be higher but not in the same ico.

I know your account says newbie, though it's probably an alt you're building for sig campaigns , but just look in this sub forum.
Almost all ICO's work this way

Not really but my problem is valid anyway. Not all ico's work like that, really only the ones who want to sacm do.

And what ever happened to you selling Betking on Bitpremier? No takers???

Did you think I dont know?

https://www.bitpremier.com/1-other-luxury-items/2125-online-bitcoin-casino

Haha, you guys go to some lengths to troll me in this forum, always new accounts.

I've never seen that ad. It also says it started in 2014 when in fact my site opened in April 2013.
I have stated many times I would never sell for that low a price too. I've turned down offers more than that publicly in this forum.

There's no secret about selling either. If a company came to me right now and offered £3-4 million up front I would sell and move on to other things.
No one is making that offer so instead I'm doing the ICO fundraising and growing the business instead.

Investors in the ICO will be happy if they invest and in 2-3 years we sell for £10+ million I imagine.

If your cash flow is so high, why would you sell for so low?

[RichGang]

Every investor should get the same amount of shares for their money. Only maybe after a year if you do another ico and issue more shares can the price be higher but not in the same ico.

I know your account says newbie, though it's probably an alt you're building for sig campaigns , but just look in this sub forum.
Almost all ICO's work this way

Not really but my problem is valid anyway. Not all ico's work like that, really only the ones who want to sacm do.

And what ever happened to you selling Betking on Bitpremier? No takers???

Did you think I dont know?

https://www.bitpremier.com/1-other-luxury-items/2125-online-bitcoin-casino

Haha, you guys go to some lengths to troll me in this forum, always new accounts.

I've never seen that ad. It also says it started in 2014 when in fact my site opened in April 2013.
I have stated many times I would never sell for that low a price too. I've turned down offers more than that publicly in this forum.

There's no secret about selling either. If a company came to me right now and offered £3-4 million up front I would sell and move on to other things.
No one is making that offer so instead I'm doing the ICO fundraising and growing the business instead.

Investors in the ICO will be happy if they invest and in 2-3 years we sell for £10+ million I imagine.

If your cash flow is so high, why would you sell for so low?

thats the billion dollar questions theses guys dont ask before jumping to invest. if you make that much money why even bother to sell and advertise everywhere?

[RichGang]

Investors in the ICO will be happy if they invest and in 2-3 years we sell for £10+ million I imagine.

Indeed.

Thats never going to happen because betking will have no legal obligations to buy out any holders.
I dont like how your trying to scam people betking.

atleast someone brilliant can smell this scam.
like i said, this will be one of the biggest scams on btctalk

[fiscorcle]

Investors in the ICO will be happy if they invest and in 2-3 years we sell for £10+ million I imagine.

Indeed.

Thats never going to happen because betking will have no legal obligations to buy out any holders.
I dont like how your trying to scam people betking.

atleast someone brilliant can smell this scam.
like i said, this will be one of the biggest scams on btctalk

Well, you're just the opposite end of the spectrum in that case - no one believes the crazy guy who shouts things and offers no proof whatsoever

[BetKing.io]

Investors in the ICO will be happy if they invest and in 2-3 years we sell for £10+ million I imagine.

Indeed.

Thats never going to happen because betking will have no legal obligations to buy out any holders.
I dont like how your trying to scam people betking.

atleast someone brilliant can smell this scam.
like i said, this will be one of the biggest scams on btctalk

Well, you're just the opposite end of the spectrum in that case - no one believes the crazy guy who shouts things and offers no proof whatsoever

I already said that a new company will be setup by my lawyers and accountant for this. So yes I would legally need to pay out dividends or share of sale price.

[MrJelliesBelly]

Every investor should get the same amount of shares for their money. Only maybe after a year if you do another ico and issue more shares can the price be higher but not in the same ico.

I know your account says newbie, though it's probably an alt you're building for sig campaigns , but just look in this sub forum.
Almost all ICO's work this way

Not really but my problem is valid anyway. Not all ico's work like that, really only the ones who want to sacm do.

And what ever happened to you selling Betking on Bitpremier? No takers???

Did you think I dont know?

https://www.bitpremier.com/1-other-luxury-items/2125-online-bitcoin-casino

Haha, you guys go to some lengths to troll me in this forum, always new accounts.

I've never seen that ad. It also says it started in 2014 when in fact my site opened in April 2013.
I have stated many times I would never sell for that low a price too. I've turned down offers more than that publicly in this forum.

There's no secret about selling either. If a company came to me right now and offered £3-4 million up front I would sell and move on to other things.
No one is making that offer so instead I'm doing the ICO fundraising and growing the business instead.

Investors in the ICO will be happy if they invest and in 2-3 years we sell for £10+ million I imagine.

Semantics. You have a profitable business yet you need to sell some. I dont buy it. And I bet most of the btc "INVESTED" came from you.

[dooglus]

You have a profitable business yet you need to sell some. I dont buy it.

How about this for a possible explanation:

While the business is profitable, most of the profit has been from a few large whales. Whale sightings have been getting rarer and rarer. DN worries that BTC whales are going extinct, which would leave him with very little volume, and so he figures it's better to sell 30% of the business for 2000 BTC now while he can boast of relatively high profits over the last year.

That would seem to make sense. While he could end up missing out on a bunch of value if betting volume doesn't die off, it's a hedge against that eventuality.

Much the same as when the commission model switched from taking a percentage of investor profits to taking the commission up front, as a percentage of the *expected* profits. That was a hedge against the site performing badly. It turned out to be a bad decision, since the site performed way better than expected, but it did limit the site's worst-case commission take.

tl;dr: selling 30% of the business now makes sense as a hedge against possible future outcomes

[sadasa]

Investors in the ICO will be happy if they invest and in 2-3 years we sell for £10+ million I imagine.

Indeed.

Thats never going to happen because betking will have no legal obligations to buy out any holders.
I dont like how your trying to scam people betking.

atleast someone brilliant can smell this scam.
like i said, this will be one of the biggest scams on btctalk

Well, you're just the opposite end of the spectrum in that case - no one believes the crazy guy who shouts things and offers no proof whatsoever

I already said that a new company will be setup by my lawyers and accountant for this. So yes I would legally need to pay out dividends or share of sale price.

That's good news I will find myself throwing a few BTC at this. Is the subject changed to reflect amount raised daily?

[BetKing.io]

You have a profitable business yet you need to sell some. I dont buy it.

How about this for a possible explanation:

While the business is profitable, most of the profit has been from a few large whales. Whale sightings have been getting rarer and rarer. DN worries that BTC whales are going extinct, which would leave him with very little volume, and so he figures it's better to sell 30% of the business for 2000 BTC now while he can boast of relatively high profits over the last year.

That would seem to make sense. While he could end up missing out on a bunch of value if betting volume doesn't die off, it's a hedge against that eventuality.

Much the same as when the commission model switched from taking a percentage of investor profits to taking the commission up front, as a percentage of the *expected* profits. That was a hedge against the site performing badly. It turned out to be a bad decision, since the site performed way better than expected, but it did limit the site's worst-case commission take.

tl;dr: selling 30% of the business now makes sense as a hedge against possible future outcomes

Does it have to be all doom and gloom?

FYI the site has made 154 profit in the past 17 days. There's no worry from me that the traffic will slow or the whales won't come.

It's business. I don't know why you guys don't understand businesses trying to grow. It happens a lot outside the Bitcoin gambling world btw.

I could sit and do nothing and let BetKing make me a good profit for two years if I liked.
But I would rather grow it and bring in players for all forms of betting. Plus a few other revenue streams we have planned.

You see the success of PrimeDice, Bustabit, Nitrogen, Bitcasino.io, Just-Dice and BetKing? I want to build to be so far ahead of all combined by a huge margin.

That's what we're doing raising extra funds here.
Not because I'm scared of traffic decreasing because it's not going to.

[fiscorcle]

You have a profitable business yet you need to sell some. I dont buy it.

How about this for a possible explanation:

While the business is profitable, most of the profit has been from a few large whales. Whale sightings have been getting rarer and rarer. DN worries that BTC whales are going extinct, which would leave him with very little volume, and so he figures it's better to sell 30% of the business for 2000 BTC now while he can boast of relatively high profits over the last year.

That would seem to make sense. While he could end up missing out on a bunch of value if betting volume doesn't die off, it's a hedge against that eventuality.

Much the same as when the commission model switched from taking a percentage of investor profits to taking the commission up front, as a percentage of the *expected* profits. That was a hedge against the site performing badly. It turned out to be a bad decision, since the site performed way better than expected, but it did limit the site's worst-case commission take.

tl;dr: selling 30% of the business now makes sense as a hedge against possible future outcomes

Does it have to be all doom and gloom?

FYI the site has made 154 profit in the past 17 days. There's no worry from me that the traffic will slow or the whales won't come.

It's business. I don't know why you guys don't understand businesses trying to grow. It happens a lot outside the Bitcoin gambling world btw.

I could sit and do nothing and let BetKing make me a good profit for two years if I liked.
But I would rather grow it and bring in players for all forms of betting. Plus a few other revenue streams we have planned.

You see the success of PrimeDice, Bustabit, Nitrogen, Bitcasino.io, Just-Dice and BetKing? I want to build to be so far ahead of all combined by a huge margin.

That's what we're doing raising extra funds here.
Not because I'm scared of traffic decreasing because it's not going to.

This is literally why companies IPO...to raise funds in exchange for equity. Lol this happens dozens of times every day involving multi-million dollar companies

[psy112]

That's a good point. I agree. Can you go back and erase all the bonuses to make it moe fair for us.

Why? I invested when it was 10% bonus, that one of the reason i didn't wait to invest! So why erase the bonuses? Early investors should have some benefits

I'm almost certain you didn't get the irony.

True that ;P lol

[PCindy]

no bounty translation sir?

[someone111]

I hope it doesn't reach its funding goal. So I can get a refund rather than double down.

I don't like censorship. I don't like the way intelligent questions are ignored.