I am so confused anytime I get here, first I read the dean's response in the chat that jollygood shared and I haven't researched the topic that deeply so I thought "well he had an ICO and it went south and people were mad after they invested and it went down but that does happen with some ICO's" and was feeling like dean wasn't a scammer but just a incompetent business owner (which I still think he is after all). However then I read that he switched up the ICO to whatever pleases him and he made profit with it while losses were on the investors.
Calling bounty earnings "free" is also quite dishonest considering they work for you to make that money, its not for free its literally your payment for work done, I do not give money to my boss to give me money later, I work for my boss and he pays me, same idea with every single salary earner in the world.
Yes the comment serial scammer Dean Nolan made about giving "free" tokens was another one of many that were quite off the mark.
Like you I agree that bounty participants do not receive free tokens, they "earn" them because they work. Bounty participants receive payment for work, they are effectively being employed by project owners therefore there is no scope for "free" coins or tokens being given, there is just a business transaction between two parties.
As far as your comment about serial scammer Dean Nolan being an incompetent business owner is concerned, I agree but only within context.
In the end, he has to be an incompetent business owner overseeing the demise of this once likeable website and after he tried to sell betking several times and failed, then tried to shut it down and convert betking tokens to his next scam ("bitsafe" exchange) but could not raise funds in the "bitsafe" ICO therefore shelved that idea. Now he used EOS tokens that for airdrops to try to pull in 200,000 new customers but he barely dragged in a handful if that and when he miscalculated the 2018 Christmas wager odds and watched as 20 BTC +EV was to be paid out so he cited an imaginary "hack" and "cheating" because he refused to pay legitimately won winnings so yes as a business owner he is incompetent... but as a shrewd opportunistic individual he definitely is not incompetent because he is a successful serial scammer.
He made millions in BTC by siphoning-off funds from the 2017 ICO by not even using the funds as they were supposed to be used. When I stated a few weeks ago the bankroll at betking was around 19-20 BTC he put his own money (that he siphoned-off from the 2017 ICO) to top it up to around 50 BTC just to fool investors and potential investors by saying they were invested by investors (hiding the fact he did it to try to make the site look respectable).
There was nothing ever stated in the betking terms and conditions of the 2017 ICO that allowed bankroll funds to be used to buy back BKB tokens but serial scammer Dean Nolan did it because he wanted to cash in his own personal holdings that already siphoned-off and decided to make it look as though he was doing it for the investors when he really did it for himself. It was not necessary to do it but he did it and to make matters worse he used the bankroll funds rather than the funds that were to be kept for "marketing, promotions, SEO, design development, server costs and legal". He needed to keep those used for "marketing, promotions, SEO, design development, server costs and legal" funds in place to continue to use as his personal milking cow. So the fact he made a choice between the two to line his own pockets (at least twice on a large scale and numerous times on smaller scales) shows he is a serial scammer.
When serial scammer Dean Nolan switched over to EOS BKT tokens he created 10 billion EOS BKT tokens but for some reason decided after the disaster that brought upon betking by nearly shutting it down and calling it a day, he was somehow worthy of keeping 10% (that is 1 billion) of the EOS BKT tokens for himself. As for him saying bounty participants receiving free tokens, here is a great analogy: So every time serial scammer Dean Nolan tries to "fix" the betking website after bringing it to his knees he decides to keep billions of "FREE" tokens for himself, tokens he did not earn and did not deserve.
The list of his scams goes on....
None of the above sounds like incompetent business owner to me, they sound very much like serial scammer to me.
