MONEYPOT alternative discussion thread! no posting will be deleted

[JackpotRacer]

Another post got deleted.  This one merely quoted two things that DD had just said.

This is getting weird.

from: Dogedigital on February 04, 2018, 07:45:44 PM

from: DarkDays on February 04, 2018, 07:40:07 PM
The following statement is an assertion of fact and in no way, shape, or form should be considered speculation:

If a company solicits investments, and then does not pay an investor or investors when they divest, that is very bad. 

I believe your opinion is correct. 

It shouldn't be speculated that this situation happened here however.

Yet you JUST SAID:

"All of the other players and investors with available balances in Moneypot are being paid out"

"Other"

So someone isn't being paid out.

Again, this is not speculation.  You said that if a company doesn't pay an investor when he/she divests, it's a bad company, and you also said that you aren't paying out an investor.

You are not quoting me.  You are drawing conclusions as to what you think happened.  That is speculation.

LOL DD

DarkDays is taking your words and you as always fucked yourself. this is not a speculation but a fact you yourself confirmed

but as you dont like what he is writing you call it whatever just to delete his posting as you did with mine and RHavar's

DD you are a SCAMMER and you need to get more red trust. one can see that you dont care about red trust cause you stole enough coins from us the Investors. Karma will hunt you down and maybe the name of Karma is Maidenvoyage

thx for coming over here to discuss what you delete in your Scammer thread LOL

[1715270407]

1715270407

[1715270407]

1715270407

[1715270407]

1715270407

[1715270407]

1715270407

[1715270407]

1715270407

[1715270407]

1715270407

[Drunk Uber Driver]

MoneyPot stiffed investors and players, promises some shit called rubies and dumps their mess on casinobitcoin.
Talk about a brilliant exit plan.
I wonder if casinobitcoin knows/cares about this royal mess they inherited?

[DarkDays]

You are not quoting me.  You are drawing conclusions as to what you think happened.  That is speculation.

Ok well here are the two quotes:

Being bound by an NDA means that you're explicitly not allowed to reveal all the details.

All of the other players and investors with available balances in Moneypot are being paid out and all announcements made are on track to come into fruition.

The following statement is an assertion of fact and in no way, shape, or form should be considered speculation:

If a company solicits investments, and then does not pay an investor or investors when they divest, that is very bad.  

I believe your opinion is correct.  

It shouldn't be speculated that this situation happened here however.

So...yeah, I am quoting you.  You said AND I QUOTE:

"All of the other players and investors with available balances in Moneypot are being paid out"

"All of the other players and investors"

"All of the other"

"Other"

"OTHER"

Not "all".  Not "everyone".  "All of the other".

That's what you said.

It's a quote.

There's not even any room for speculation.  You just have to read what you actually wrote.

"All of the other players and investors with available balances in Moneypot are being paid out"

Here's an image just to show there is zero speculation, conjecture, supposition, or whatever the next word you guys are going to misuse  going on:




So I'd like an apology for your lie that I wasn't quoting you.

[DarkDays]

No one was confirming anything.  You are literally trying to dissect words to fit your own meaning.  Please stop speculating.

What are you talking about?  "Confirming"?  Who is "confirming" and what are they supposed to "confirm"?

Did you or did you not say

"All of the other players and investors with available balances in Moneypot are being paid out"

?

[JackpotRacer]

MoneyPot stiffed investors and players, promises some shit called rubies and dumps their mess on casinobitcoin.
Talk about a brilliant exit plan.
I wonder if casinobitcoin knows/cares about this royal mess they inherited?

casinobitco knows everything and it looks like they made a good deal cause they didnt need to compensate the cheated Investors and RBIES holders

[JackpotRacer]

Please stop.  You are trying to twist things and give them different meanings.  I and Moneypot can't and won't be commenting on these things.  Stop speculating please. 

if I am saying that DD is a Scammer is that a speculation or a fact? I am saying it is a fact and you are a stupid Scammer and RHavar was absolutely right to call you a clown and now he is right to call you a Scammer!

DarkDays should also give you some red trust and more users should join in to give you red trust and stop you to scam more users here

[Drunk Uber Driver]

MoneyPot stiffed investors and players, promises some shit called rubies and dumps their mess on casinobitcoin.
Talk about a brilliant exit plan.
I wonder if casinobitcoin knows/cares about this royal mess they inherited?

casinobitco knows everything and it looks like they made a good deal cause they didnt need to compensate the cheated Investors and RBIES holders

So does casinobitcoin owes the debts or does MoneyPot's old owners?   I would think the new owners take on the debt.
But then again, these guys were asking for their own loan: https://bitcointalk.org/index.php?topic=1702709.msg17070176#msg17070176
So who knows what will happen to those who are owed.
I have already taken my remaining coins out of casinobitcoin as it just doesn't seem like the most trustworthy company.

[DarkDays]

Please stop.  You are trying to twist things and give them different meanings.  I and Moneypot can't and won't be commenting on these things.  Stop speculating please. 

You can't comment on if you said something that I've screenshotted you as saying?

How am I twisting anything?  I'm literally quoting you.

You need to stop responding to everything with "please stop speculating".  That's not how it works.  If you aren't going to answer, then don't answer.  But parroting a child-like "Stoooooooooop stooooooooooop" is making yourself and your company look even worse.

Also, you know, it's not speculation to ask you if you said something that you said.  That's not what that word means.  Use a new word.  Look it up first.

[JackpotRacer]

MoneyPot stiffed investors and players, promises some shit called rubies and dumps their mess on casinobitcoin.
Talk about a brilliant exit plan.
I wonder if casinobitcoin knows/cares about this royal mess they inherited?

casinobitco knows everything and it looks like they made a good deal cause they didnt need to compensate the cheated Investors and RBIES holders

So does casinobitcoin owes the debts or does MoneyPot's old owners?   I would think the new owners take on the debt.
But then again, these guys were asking for their own loan: https://bitcointalk.org/index.php?topic=1702709.msg17070176#msg17070176
So who knows what will happen to those who are owed.
I have already taken my remaining coins out of casinobitcoin as it just doesn't seem like the most trustworthy company.

thx for the link. yes that looks reallly strange that he needs a loan but it could be that this was the time when Moneypot and Monsterbyte did the deal and he needed the money to pay Moneypot. 30 BTC is not a lot for MP owners or maybe yes cause they dont pay the promised compensations. nice money into their pocket.

IMO Dogedigital is a one man show now because Ranlo is out and AccoinL is so silent that it looks that he is also out. so user moneypot and Dogedigital are same user anyway

Dogedigital loves to scam the Investors and loves to lie and tell stories

Dogedigital deserves a waterfall of red trust. maybe this will stop him

[TwitchySeal]

Please stop.  You are trying to twist things and give them different meanings.  I and Moneypot can't and won't be commenting on these things.  Stop speculating please. 

I'm not completely caught up on what's going here, but are you refusing to clarify your statement and asking people not to speculate? 

The only other choice is to just try not to think about it, which obviously isn't going to happen.

[fiscorcle]

So, if MP Legacy only sold its assets MonsterByte, what happened to the payments MonsterByte made to MP? If the company has any liabilities, any proceeds from the sale of assets should go towards those liabilities rather than to the owners - that's just corporate law works, even in Costa Rica I'm pretty sure. In this case, especially, because the debt had been called prior to the asset sale, meaning MP has an obligation to direct any proceeds from the sale to the owner of their liabilities. Anything else is pretty much just embezzlement...

[casinobitco]

So, if MP Legacy only sold its assets MonsterByte, what happened to the payments MonsterByte made to MP? If the company has any liabilities, any proceeds from the sale of assets should go towards those liabilities rather than to the owners - that's just corporate law works, even in Costa Rica I'm pretty sure. In this case, especially, because the debt had been called prior to the asset sale, meaning MP has an obligation to direct any proceeds from the sale to the owner of their liabilities. Anything else is pretty much just embezzlement...

The merger deal is for equity swapped.  Moneypot legacy is using the income gained from the equity to pay for things such as debt tokens, support for R2B2 in the future, and increased development of Moneypot.  No direct payments were made to the owners.

To add to this, Keeth is correct - there hasn't been any transfer of money to MoneyPot, and it's important to note that we haven't closed the deal yet. The potential deal we have in place is development and marketing support to help MoneyPot realize their vision, as well as restricted equity in Monster Byte assuming certain conditions were made throughout 2018.

Contingent upon our deal was that the old MoneyPot team would make realistic arrangements to settle all their previous liabilities from future revenue of the MoneyPot platform, and solve the Rubies token situation. The proposal that Keeth put out there seemed realistic and in the best interests of anyone that had a vested interest in MoneyPot fixing this situation and moving on under the Monster Byte umbrella. The alternative is that they would fold operations and everyone is left with nothing.

However, there was a legal claim presented in the Canada courts that we need to see through before we move any further. It's unfortunate as I believe we were making some good progress on foundational items, but we (Monster Byte) will need to see how that case ends up before we officially close the deal with MoneyPot.

This thread isn't helping matters, and anything can (and most certainly will) be used in the court system - so this is the last I'm writing publicly on this matter until it's resolved.



 

[DarkDays]

However, there was a legal claim presented in the Canada courts that we need to see through before we move any further. It's unfortunate as I believe we were making some good progress on foundational items, but we (Monster Byte) will need to see how that case ends up before we officially close the deal with MoneyPot.



 

Just curious, how/when did you find out about this legal claim?

[TwitchySeal]

I don't really think it's reasonable for them to delete my post and pretend it doesn't exist, so I've left them some trust feedback to make it visible.

It wasn't deleted to be hidden.  

This is a ridiculous response.

I've edited down the posts to make it easier to be read.

I have no horse in this race, but it makes no sense to delete a post and then say "It wasn't deleted to be hidden"  

Why else would you delete the post?  You deleted it because you didn't want other people to read it.

[DarkDays]

I should have wrote it more clearly.  I meant to say it wasn't deleted to hide or pretend that it exists, but rather to keep the thread free of speculation on things we cannot comment on.

You seem to misspeak a LOT.  For example, when you said "ill not be commenting further." and then commented three more times in six hours.  Maybe it's time for someone else to be the public face of the company?

[fiscorcle]

So, if MP Legacy only sold its assets MonsterByte, what happened to the payments MonsterByte made to MP? If the company has any liabilities, any proceeds from the sale of assets should go towards those liabilities rather than to the owners - that's just corporate law works, even in Costa Rica I'm pretty sure. In this case, especially, because the debt had been called prior to the asset sale, meaning MP has an obligation to direct any proceeds from the sale to the owner of their liabilities. Anything else is pretty much just embezzlement...

The merger deal is for equity swapped.  Moneypot legacy is using the income gained from the equity to pay for things such as debt tokens, support for R2B2 in the future, and increased development of Moneypot.  No direct payments were made to the owners.

To add to this, Keeth is correct - there hasn't been any transfer of money to MoneyPot, and it's important to note that we haven't closed the deal yet. The potential deal we have in place is development and marketing support to help MoneyPot realize their vision, as well as restricted equity in Monster Byte assuming certain conditions were made throughout 2018.

Contingent upon our deal was that the old MoneyPot team would make realistic arrangements to settle all their previous liabilities from future revenue of the MoneyPot platform, and solve the Rubies token situation. The proposal that Keeth put out there seemed realistic and in the best interests of anyone that had a vested interest in MoneyPot fixing this situation and moving on under the Monster Byte umbrella. The alternative is that they would fold operations and everyone is left with nothing.

However, there was a legal claim presented in the Canada courts that we need to see through before we move any further. It's unfortunate as I believe we were making some good progress on foundational items, but we (Monster Byte) will need to see how that case ends up before we officially close the deal with MoneyPot.

This thread isn't helping matters, and anything can (and most certainly will) be used in the court system - so this is the last I'm writing publicly on this matter until it's resolved.



 

If indeed it was just equity swapped, how exactly is it being used to pay for tokens and R2B2? Where was the equity sold to raise this capital? Is there a token, or are there any actual legal contracts showing transfer of assets and payment in equity?

[JackpotRacer]

The merger deal is for equity swapped.  Moneypot legacy is using the income gained from the equity to pay for things such as debt tokens, support for R2B2 in the future, and increased development of Moneypot.  No direct payments were made to the owners.

To add to this, Keeth is correct - there hasn't been any transfer of money to MoneyPot, and it's important to note that we haven't closed the deal yet.

hmmm no transfer of any money and you guys havent close the deal yet. that means Dogedigital lied as always because what income old MP owners will have to pay the promised compensations to the Investors?

Contingent upon our deal was that the old MoneyPot team would make realistic arrangements to settle all their previous liabilities from future revenue of the MoneyPot platform, and solve the Rubies token situation. The proposal that Keeth put out there seemed realistic and in the best interests of anyone that had a vested interest in MoneyPot fixing this situation and moving on under the Monster Byte umbrella. The alternative is that they would fold operations and everyone is left with nothing.

situation right now for us Investors is that we received nothing so same as they would fold!

However, there was a legal claim presented in the Canada courts that we need to see through before we move any further. It's unfortunate as I believe we were making some good progress on foundational items, but we (Monster Byte) will need to see how that case ends up before we officially close the deal with MoneyPot.

for me it looks like you only now got knowledge of the court claim in Canada and this through our discussions. hmm and you didnt see through the court case yet to move any further? sorry but this stinks
[/quote]

This thread isn't helping matters, and anything can (and most certainly will) be used in the court system - so this is the last I'm writing publicly on this matter until it's resolved.

now you are talking like Keeth instead of helping them and us the Investors and RBIES holders to clear the matter and start to be Transparent

how about a new start and please give us a straight forward explanation how this deal will be handled from your side?

[BetKing.io]

quoted from the main thread incase it is deleted

Maidenvoyage was looking to withdraw ~109 Bitcoin from Moneypot to buy into the BetKing ICO back in June/July 2017.

Moneypot didn't let him withdraw and forced him to remain invested in Moneypot with the promise that if Moneypot didn't earn enough profit from player losses to pay back Maidenvoyage the full amount he lost (31 btc?) since investing in Moneypot that they would pay this amount from their own pocket.

If they didn't have 31 BTC then it was obvious that a site with no traffic would not generate enough profit to pay that back or that you could pay out of your own pocket with the huge increase in Bitcoin price from July to December.

It's now February and Moneypot didn't make enough profit to pay back Maidenvoyage and they haven't paid out of their own pocket either.

Since July Moneypot tried to do an ICO, presumabley this was the plan to raise the funds to pay back Maidenvoyage by December, but it failed to raise the amount needed and was cancelled.

Then there was the merge with MonsterByte that again, I assumed would pay Maidenvoyage his losses with the funds they raised in their own ICO but that doesn't seem to be the case and it looks like MonsterByte might not even own or want to work with MoneyPot now.

I can't see how Moneypot can ever recoup 140 Bitcoin to pay back Maidenvoyage, certainly not by some debt token for a site with no traffic.

I think that Moneypot should send all Bitcoin they own to an address and sign a message proving they own the funds.
If they don't want to make the address public for whatever reason I, Ryan or dooglus can verify the signature and at least Maidenvoyage can get an idea of the maximum he might be able to recoup based on the reserves Moneypot has.

[JackpotRacer]

quoted from the main thread incase it is deleted

Maidenvoyage was looking to withdraw ~109 Bitcoin from Moneypot to buy into the BetKing ICO back in June/July 2017.

Moneypot didn't let him withdraw and forced him to remain invested in Moneypot with the promise that if Moneypot didn't earn enough profit from player losses to pay back Maidenvoyage the full amount he lost (31 btc?) since investing in Moneypot that they would pay this amount from their own pocket.

If they didn't have 31 BTC then it was obvious that a site with no traffic would not generate enough profit to pay that back or that you could pay out of your own pocket with the huge increase in Bitcoin price from July to December.

It's now February and Moneypot didn't make enough profit to pay back Maidenvoyage and they haven't paid out of their own pocket either.

Since July Moneypot tried to do an ICO, presumabley this was the plan to raise the funds to pay back Maidenvoyage by December, but it failed to raise the amount needed and was cancelled.

Then there was the merge with MonsterByte that again, I assumed would pay Maidenvoyage his losses with the funds they raised in their own ICO but that doesn't seem to be the case and it looks like MonsterByte might not even own or want to work with MoneyPot now.

I can't see how Moneypot can ever recoup 140 Bitcoin to pay back Maidenvoyage, certainly not by some debt token for a site with no traffic.

I think that Moneypot should send all Bitcoin they own to an address and sign a message proving they own the funds.
If they don't want to make the address public for whatever reason I, Ryan or dooglus can verify the signature and at least Maidenvoyage can get an idea of the maximum he might be able to recoup based on the reserves Moneypot has.

thx for the explanation (very important) and for posting it also here.

[RHavar]

I'll post here to avoid the speculation rule

Maidenvoyage was looking to withdraw ~109 Bitcoin from Moneypot to buy into the BetKing ICO back in June/July 2017.

Moneypot didn't let him withdraw and forced him to remain invested in Moneypot with the promise that if Moneypot didn't earn enough profit from player losses to pay back Maidenvoyage the full amount he lost (31 btc?) since investing in Moneypot that they would pay this amount from their own pocket.

If they didn't have 31 BTC then it was obvious that a site with no traffic would not generate enough profit to pay that back or that you could pay out of your own pocket with the huge increase in Bitcoin price from July to December.

It's now February and Moneypot didn't make enough profit to pay back Maidenvoyage and they haven't paid out of their own pocket either.

Since July Moneypot tried to do an ICO, presumabley this was the plan to raise the funds to pay back Maidenvoyage by December, but it failed to raise the amount needed and was cancelled.

Then there was the merge with MonsterByte that again, I assumed would pay Maidenvoyage his losses with the funds they raised in their own ICO but that doesn't seem to be the case and it looks like MonsterByte might not even own or want to work with MoneyPot now.

I can't see how Moneypot can ever recoup 140 Bitcoin to pay back Maidenvoyage, certainly not by some debt token for a site with no traffic.

I think that Moneypot should send all Bitcoin they own to an address and sign a message proving they own the funds.
If they don't want to make the address public for whatever reason I, Ryan or dooglus can verify the signature and at least Maidenvoyage can get an idea of the maximum he might be able to recoup based on the reserves Moneypot has.

So that part I don't get, is what happened to the rest of guys money? So let's forget about the ~31 bitcoin of "investing loss" (be it by over-leverage, or related to the drama of not revoking db access to the former dev) and it's understandable that they could never recover that even despite their best efforts. But surely at the very least they can give him at least 100 of those bitcoin back, and an IOU for the rest?