Betking.io refusing to answer key questions about ICO - owner bans me instead.

[chazley]

Hey chazley. I really appreciate that you reposted this because I feel this was a core component of the discussion. There were no personal attacks, just facts and an analysis of the numbers and the valuation. From the get-go the valuation was a big red flag for me. Just because the site was lucky enough to be up 7,100 in a couple years of operation does not mean that the site should go for anywhere near that (he thinks it's worth over 6000 BTC). All you're given is the site and its reputation, not like you're given a bankroll as well. How do you think you're going to be making that 6,000 BTC back? Also it's worth pointing out that the ICO is driven by demand so if he gets 4,000 BTC instead of 2,000 (already a valuation of 6,666 BTC) he's still only giving out 30% of his company which pushes the valuation into even more obscene territory. And if it does touch 2,000 I imagine there is going to be some visible overage.

Anyways I find the censorship of your post incredibly distasteful, and I urge people to consider the valuation Dean puts on Betking, as it is with this valuation that the ICO is presented.

Dean is incredibly sensitive, and thinks any criticism or thought-provoking questions are personal attacks on him. He is essentially a large child.

For me it looks more like a frustration from failed attempts of cashing out from his business. He realizes that this ICO is turning into another failed attempt, so the frustration increases.
Most likely he's trying to take advantage of the current ICO heat by using a token for his business, which is rather loosely connected with crypto scene, but creates an opportunity to finally make some bigger cash. He could be succesfull though, if he set up the ICO like all other recent ICOs, ie. a proper coin with an added gambling-related value would work (as it worked for LIR for instance), but instead he's brute forcing his reputation to be the one and the only difference for his "coin".

This is why finding out what his exact plans are for the 2000 bitcoin is so important. If he's just using like 1/4th of it to upgrade the site, and pocketing the remaining 1500 btc, that would be a tremendously bad deal for the ICO investors. They essentially would be getting only 30% of dice commission rather than the 50% they currently get.

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[chazley]

Dean is never going to raise 2000 btc for 30% - it's a ridiculous valuation.

That could be true.

By the way he also deleted my post. I was just agreeing about the need to advertise for the users to learn about his ICO and along it i asked who holds the funds as escrow. Not sure how offending that is but yes Dean deleted my post.

You added 0 context to the post and also just asked who would escrow where I have told many times there will be no need for escrow and that posts that ask that will be deleted. Read the thread before commenting in it.

I expected trolls as usual on this forum so any troll posts that are not constructive or asking legit questions will be deleted.
Have this thread for all the trolling you want

That's the problem - you think every question is a troll post and not constructive, when in reality it's just people asking common questions that you refuse to answer.

Thank forcwarning us. Many scammers wanna get rich fast these days.

I dont think it's a quote on quote "scam", but I do think it is a money grab by a website that relies heavily upon a select few whales who come around once every few months and who's recent performance in terms of wagered/week has been very low for a few months now.

[jokosayetno]

run run...

[JollyGood]

Now back to the subject
Say it all works out, and 6 months from now, I buy BetKing ICO tokens on an exchange. Then, a month later, dividend is paid in Bitcoin. How is that ever going to reach me, if my ICO tokens aren't connected to a BetKing account anymore? It's questions like these that make me want to know much more details.

Exactly. All those questions are valid.

Mind you Dean, you once tried to sell betking as far as I can remember - https://bitcointalk.org/index.php?topic=1676311.0 and that leaves people some doubt about the status of this site. I have an account in there to which I lose some BTC as well.

Interesting to the read the manner in which scammer Dean Nolan tried to sell Bitcoin.

He claimed the highest offer received was "1500 BTC" 

[JollyGood]

won big at this place and payed out instantly. I will be back

Scammer Dean Nolan is back with another multi-account to push propaganda. A new that seems to know it all   

[JollyGood]

Dean is never going to raise 2000 btc for 30% - it's a ridiculous valuation.

That could be true.

By the way he also deleted my post. I was just agreeing about the need to advertise for the users to learn about his ICO and along it i asked who holds the funds as escrow. Not sure how offending that is but yes Dean deleted my post.

You added 0 context to the post and also just asked who would escrow where I have told many times there will be no need for escrow and that posts that ask that will be deleted. Read the thread before commenting in it.

I expected trolls as usual on this forum so any troll posts that are not constructive or asking legit questions will be deleted.
Have this thread for all the trolling you want

That's the problem - you think every question is a troll post and not constructive, when in reality it's just people asking common questions that you refuse to answer.

Thank forcwarning us. Many scammers wanna get rich fast these days.

I dont think it's a quote on quote "scam", but I do think it is a money grab by a website that relies heavily upon a select few whales who come around once every few months and who's recent performance in terms of wagered/week has been very low for a few months now.

chazley the thing is a scam is scam no matter it is worded.

The scammer Dean Nolan oversold a bunch of lies full in the knowledge he was going to scam investors with BKB tokens valued in US$ rather than crypto.

Then he has the nerve to post messages about investors being at fault for not checking the small print of the whitepaper. Any questions put to scammer Dean Nolan in the period of the ICO drowned out by those literally begging for bounties and going out of their way to attack and insult anybody that asked simple questions regarding the ICO and betking in general.

I hope scammer Dean Nolan gets jail time in the near future.

[JollyGood]

The pathetic scammer Dean Nolan who used Bitointalk forum to promote his scam ICO and then offers useless and worthless EOS tokens bounty to fools that post in Bitcointalk is now saying saying negative things about the very thing that allowed his scam to flourish.

[JollyGood]

In relation to attempts to bring a Police case against scammer Dean Nolan I have received information and advice over a period of time and I am compiling and collating anything that can be confirmed.

Recently I received interesting information and it confirms from more than one source that scammer Dean Nolan is a resident of the UK. With that ascertained, more information has come in from multiple sources which are mentioning The Genting Club.

If anybody has any information regarding scammer Dean Nolan and related to his betking scam please forward it to me in complete confidence. I will not release your details to anybody but will compile it in the case file to hand to the Police.

[electronicash]

its a confirmed scam, he weren't satisfied with what he got the last time he did an ICO and now he is doing it again. right now he had been deleting post from his newly created moderated ANN thread. someone should really be tracking this him, maybe he isn't just involve to this betking but some other scam too.

[JollyGood]

Can you believe this scammer told everybody he had an offer of 1500 BTC to sell the website in November 2016.


https://bitcointalk.org/index.php?topic=1676311.msg16842701#msg16842701

[JollyGood]

Can you believe this scammer told everybody he had an offer of 1500 BTC to sell the website in November 2016.


https://bitcointalk.org/index.php?topic=1676311.msg16842701#msg16842701

Judging by the way betking is dying fast and fading from older users memory since its 2017 post-ICO re-launch, I bet (no pun intended) that scammer Dean Nolan wishes he had sold up for 1500 BTC in November 2016 but the truth is there was no offer on the table  

[JollyGood]

Posting here because it is only right that people never forget the betking scam carried out by serial scammer Dean Nolan

"only another 4.4x to breakeven"

scam is a scam.

[JollyGood]

its a confirmed scam, he weren't satisfied with what he got the last time he did an ICO and now he is doing it again. right now he had been deleting post from his newly created moderated ANN thread. someone should really be tracking this him, maybe he isn't just involve to this betking but some other scam too.

Thank you for your post electronicash

You are spot on, scammer Dean Nolan deleted posts from the censored threads as soon as he gets exposed as a serial scammer.

He also locks threads as soon as he loses control of the narrative in the threads he started.

Thank you for stating betking is a confirmed scam.

It is clear betking is dying a fast yet painful death, it will never have meaningful traffic on its site again.

Users have abandoned it since the post-ICO relaunch using the same old site and investors have abandoned it since they were given a deal that was designed to make scammer Dean Nolan rich but all investors struggling to even break even.

[JollyGood]

Are there any updates to the recent rumours about several investors who wanted to take a lawsuit out against serial scammer Dean Nolan and betking?

[JollyGood]

Last WARNING: 
BKT deposits and withdrawals will be disabled on https://betking.io tomorrow. If you have BKT in your own EOS account you MUST deposit today or you will never be able to use them or sell them in future and your tokens will be effectively burned.

BEWARE everybody...  the already useless BKB tokens are going to be burned...

Serial scammer Dean Nolan is getting more active on the censored thread. Looks like he is going to burn more EOS BKT tokens to increase his own stake in betking 


https://bitcointalk.org/index.php?topic=5119013.msg52014139#msg52014139

[JollyGood]

It has now been ascertained serial scammer Dean Nolan owns 1.5 billion of the 1.9 billion BKT tokens

That equates to over 78.5% , yes serial scammer has burned over 8 billion tokens and increased his 10% share to 78.5% share 

Thankfully betking is now on its final legs. The website has no traffic and no game players. It means he will be unable to scam investors and users again.