BetKing.io - BKB token REFUNDS - $70k refunded so far

[daicaq9]

ok 

[LoyceV]

Basically it all boiled down to which would appreciate better: BK or BTC.

That's no different than any other ICO or altcoin. What is different though, is that BetKing has an actual working product already.
The buyback also prevents BKB to bubble up in price like most altcoins do. You can't pump something that has a fixed price somewhere else.

I could be wrong on this, but basically the BKB tokens could suddenly look like a great investment
if the BTC price would drop sharply?

It's kind of a hedge against a price drop. I trust BKB more than I trust Tether.

[BTCevo]

Basically it all boiled down to which would appreciate better: BK or BTC.

That's no different than any other ICO or altcoin. What is different though, is that BetKing has an actual working product already.
The buyback also prevents BKB to bubble up in price like most altcoins do. You can't pump something that has a fixed price somewhere else.

This is why BKB is really hard to get profit on it, there are people where they want to get profit through this, like buy loe and sell high, most altcoin will be always like that. I do not know why they want to have some fix price here? I know for long investment may be it is really good to have this fix price but this is altcoin what would you expect if there is no pump and dump?

[actmyname]

This is why BKB is really hard to get profit on it, there are people where they want to get profit through this, like buy loe and sell high, most altcoin will be always like that. I do not know why they want to have some fix price here? I know for long investment may be it is really good to have this fix price but this is altcoin what would you expect if there is no pump and dump?

I don't understand what the problem is. You invest in the coin and hold it for steady growth as the casino profits. Why would you ever want to pump & dump stakes in the bankroll of a casino?

[jamyr]

This is why BKB is really hard to get profit on it, there are people where they want to get profit through this, like buy loe and sell high, most altcoin will be always like that. I do not know why they want to have some fix price here? I know for long investment may be it is really good to have this fix price but this is altcoin what would you expect if there is no pump and dump?

I don't understand what the problem is. You invest in the coin and hold it for steady growth as the casino profits. Why would you ever want to pump & dump stakes in the bankroll of a casino?

I think BTCevo don't understand how BKB price is set.

BKB price is always relative to how much profit the site(betking.io) has gained. The profit of the site is always visible so if the profit goes up, BKB price goes up and if you will look at the past history of betking, wherein it profited around 7000 btc within just a short period of time(less than 4 years if I am not mistaken), BKB is a good long term investment.

[favdesu]

is there an ETA to use BKB as bank token?

[jamyr]

is there an ETA to use BKB as bank token?

Hi there.

I find it hard to understand what you mean, sorry. Will you be kind enough to rephrase your question?


To Dean,

When will the stats for affiliate be available for viewing sir?

[BetKing.io]

BKB bankrolling option will be available on the next version which might be looking for a mid to late Jan release now.

Affiliate details and stats will be on the new version too. No one is referring enough players/volume to prioritise adding this to the current version at the moment which would slow down the new site.

As for the current site, fixed a small bug so clicking min bet button will set the correct min for each currency.

[favdesu]

Affiliate details and stats will be on the new version too. No one is referring enough players/volume to prioritise adding this to the current version at the moment which would slow down the new site.

sounds more like a vicious cycle then. there is 0 chance to get serious marketing going up if there is no way to measure success.

[BetKing.io]

Affiliate details and stats will be on the new version too. No one is referring enough players/volume to prioritise adding this to the current version at the moment which would slow down the new site.

sounds more like a vicious cycle then. there is 0 chance to get serious marketing going up if there is no way to measure success.

Not really. If you recommend people and actually generate profit (no one has) then I would give you support via email/chat with your stats whenever you like. But no point going to the effort if no one is bringing traffic.

[jamyr]

Affiliate details and stats will be on the new version too. No one is referring enough players/volume to prioritise adding this to the current version at the moment which would slow down the new site.

sounds more like a vicious cycle then. there is 0 chance to get serious marketing going up if there is no way to measure success.

Not really. If you recommend people and actually generate profit (no one has) then I would give you support via email/chat with your stats whenever you like. But no point going to the effort if no one is bringing traffic.

I thought I was able to get a few signups. Maybe they did, maybe they did not.

[iluvbitcoins]

BKB bankrolling option will be available on the next version which might be looking for a mid to late Jan release now.

What for?

BKB tokens are the bankroll.

[actmyname]

BKB bankrolling option will be available on the next version which might be looking for a mid to late Jan release now.

What for?

BKB tokens are the bankroll.

For the BKB betting option. BKB tokens cover the bitcoin and altcoin bankroll and dean bankrolled the BKB bankroll.

[BetKing.io]

New weekly wagering contest. Over $12,000 in prizes to be won! https://bitcointalk.org/index.php?topic=2634908

[actmyname]

New weekly wagering contest. Over $12,000 in prizes to be won! https://bitcointalk.org/index.php?topic=2634908

Seems like this would probably be really easy to win with the BTC section if nobody wants to deposit because of the fees. Would just be +ev in general

[lite]

New weekly wagering contest. Over $12,000 in prizes to be won! https://bitcointalk.org/index.php?topic=2634908

Awesome! i like that the contest is in all accepted currency at betking. i'll participate in bkb and or ltc wagering contest, hope i get a prize. all the best to everyone participating in the contest.

[DARKANGEL6415]

Well i have been trying out betking.io and i was happy and all. Then all of a sudden it looks like they had a issue when i tried to make a bitcoin withdrawal. This does not look good on new gambling sites or any site for that matter. It makes people think the casino is running out of funds to pay winners.

[actmyname]

Well i have been trying out betking.io and i was happy and all. Then all of a sudden it looks like they had a issue when i tried to make a bitcoin withdrawal. This does not look good on new gambling sites or any site for that matter. It makes people think the casino is running out of funds to pay winners.

Certainly, this must relate to the huge network fees on transactions currently - 0.002 BTC for just a simple transaction with 1 input, 2 outputs. How much did you try to withdraw? What's your username on the site?Seems like you're padding your post count.

[dooglus]

I could be wrong on this, but basically the BKB tokens could suddenly look like a great investment
if the BTC price would drop sharply?

If the price of BTC drops to 10% of whatever it was at the time of the ICO, Dean's going to need to have 10 times the number of BTC the ICO raised to pay you guys back. Does that mean there's a risk of insolvency?

I guess if he really did sell the ICO coins for USD while the price of BTC was high then it's OK, because he can buy back cheap BTC to pay you back. But if he's holding them as BTC still then it seems like a risk.

It's unfortunate that the tokens aren't valued in BTC rather than USD so that investors can benefit from rises in BTC price.

[actmyname]

It's unfortunate that the tokens aren't valued in BTC rather than USD so that investors can benefit from rises in BTC price.

Right, but the profit does shift with price changes as it is counted in terms of USD, so there is some degree of rise with any BTC/ETH/LTC jumps in price.

It's only to a lesser degree (for now) while the initial token price exceeds that of the profit divided by 100 million.