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Author Topic: BetKing.io is Closed. Balance recovery + BKT/BKB buyback plan.  (Read 506 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (12 posts by 7 users with 2 merit deleted.)
BetKing.io
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November 15, 2019, 01:22:08 PM
Merited by LoyceV (2)
 #1

Due to a recent hack https://betking.io has now closed.

We are working to recover funds and return balances and bankroll investments back to users asap.

We aim to have all balances returned to users by the end of January 2020.

All users with significant balances have been contacted by email or Telegram. If you have not received an email and had BTC, ETH, EOS or LTC on the site please email support@betking.io.

We are looking at ways to buy back all BKB and BKT starting from Jan 2020 with the goal of buying all tokens by the end of 2020. Token holders will be contacted and updated of progress in Jan 2020.

We apologise for any inconvenience this may cause.
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November 15, 2019, 02:20:57 PM
 #2

We
Who is "we" in this case?

Quote
are working to recover funds
How are you planning to recover hacked funds?

Quote
and return balances and bankroll investments back to users asap.

We aim to have all balances returned to users by the end of January 2020.
Where will these funds come from?

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November 15, 2019, 02:28:49 PM
 #3

We
Who is "we" in this case?

Quote
are working to recover funds
How are you planning to recover hacked funds?

Quote
and return balances and bankroll investments back to users asap.

We aim to have all balances returned to users by the end of January 2020.
Where will these funds come from?

You do not have a balance on the site so it's none of your business and I clearly wouldn't tell you considering you actively tried to stop investors from recovering or making any profit from betking in the first place.
I won't be discussing any details at all of where or how in this forum (the users with largest balance/tokens I can trust may get to know details).
I am only posting this here for users with funds who may have not got the email but might see this.
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November 15, 2019, 02:29:41 PM
 #4

I was approached by email because I had a balance on my account on BetKing for two different coins.
The return/ withdrawal of my remaining balance was very well handled by Dean in just a couple of emails back and forth.

I am sorry to see this site go but am glad my funds are returned without problems. I urge everyone that still has some balance there to just send him an email to recover it.

Good luck with your further endeavours!
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November 15, 2019, 03:25:24 PM
 #5

I bought BKB in the ICO and have been following the site since then, and on occasions contacted Dean to get help with various things. I've always been met with professionalism and have never had any issues with how Dean has handled the site. I was contacted regarding payout of my funds after the hack and have so far received all coins except for the BKB/BKT which will be resolved during 2020. I have full confidence that Dean is doing everything in his power to help all investors and players get their money back.

It's a shame the site had to end this way but hacks happens..

Best of luck to you Dean and creds for hanging in there and resolving this despite the hack and some trolls on this forum.
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November 15, 2019, 04:56:43 PM
 #6

I requested the withdrawal and I received my funds, except for the BKT tokens.

Really sorry for the site shutdown, I hope the betking project will survive and thrive.
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November 15, 2019, 07:40:43 PM
Merited by LoyceV (1)
 #7

I am curious as to why someone who may hold one of your tokens would have confidence you will repurchase the coin and via what means you will do so.

Before you dismiss me as being irrelevant because I don’t hold any tokens, I would point out that you don’t know if I hold tokens or not.

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November 15, 2019, 07:53:54 PM
 #8

I am curious as to why someone who may hold one of your tokens would have confidence you will repurchase the coin and via what means you will do so.

Before you dismiss me as being irrelevant because I don’t hold any tokens, I would point out that you don’t know if I hold tokens or not.

If you held tokens then you would have had access to channels where I was in direct communication with token holders for 2 years now.
Those investors have heard every mistake, every issue, every cost, every idea and saw every single attempt in the past year to try and make betking a success and where I have also said that IF (and that's an if) betking failed and I was successful in another project I would make attempts to buy the tokens back from my own money I earn from this project.

You would also know that over half the funds raised in the ico were returned to token holders through the buyback program.

I can't guarantee they all have confidence that I will buy them. Maybe people think if I couldn't make BK a success for the second time that I can't make another project a success.
But I know, from the emails and messages I have been getting, that a lot of people think I can and have wished me success and I aim to do everything I can to purchase their tokens back.

Remember, despite what you may read by some here, I am under zero legal obligation to buy any tokens back. I have already shown this to investors a year ago after I went through everything with my lawyer when we had to stop the buybacks due to the business running out of funds. However I said I would attempt to purchase them so no one lost because I feel it's the right thing to do.
It's pretty hard when you have people trashing your reputation and doing everything they can to make google searches show up some fake scam accusation.
It's also pretty hard when you have no capital (again, despite what you may read, I am in debt). But I started BK/PRC from nothing so it's possible.


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November 16, 2019, 08:39:43 AM
 #9

Please stop reopening BetKing. I won't comment on anything else but you had a good reputation in the beginning, and that was all you.

But you have to own you success as well as your mistakes. You did well one time, but it seemed not the next time or the next few times, and the hack? There is maybe something lacking in security for the hack to happen, sorry to hear that, and sorry to investors because if you are in debt, better to pay everything back somehow and not reopen betking.

Good luck to everyone.

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November 16, 2019, 09:17:28 AM
 #10

I am curious as to why someone who may hold one of your tokens would have confidence you will repurchase the coin and via what means you will do so.

Before you dismiss me as being irrelevant because I don’t hold any tokens, I would point out that you don’t know if I hold tokens or not.

If you held tokens then you would have had access to channels where I was in direct communication with token holders for 2 years now.
Those investors have heard every mistake, every issue, every cost, every idea and saw every single attempt in the past year to try and make betking a success and where I have also said that IF (and that's an if) betking failed and I was successful in another project I would make attempts to buy the tokens back from my own money I earn from this project.

You would also know that over half the funds raised in the ico were returned to token holders through the buyback program.

I can't guarantee they all have confidence that I will buy them. Maybe people think if I couldn't make BK a success for the second time that I can't make another project a success.
But I know, from the emails and messages I have been getting, that a lot of people think I can and have wished me success and I aim to do everything I can to purchase their tokens back.

Remember, despite what you may read by some here, I am under zero legal obligation to buy any tokens back. I have already shown this to investors a year ago after I went through everything with my lawyer when we had to stop the buybacks due to the business running out of funds. However I said I would attempt to purchase them so no one lost because I feel it's the right thing to do.
It's pretty hard when you have people trashing your reputation and doing everything they can to make google searches show up some fake scam accusation.
It's also pretty hard when you have no capital (again, despite what you may read, I am in debt). But I started BK/PRC from nothing so it's possible.

It would be very hard to expect something, much less trust, from an IF.

I'm afraid people supporting you through emails does not amount much as to whether you will succeed or not in your second BK attempt as well as on your next endeavor. For all we know, they are sending you well-wishes because you still owe them. They are doing it with the hope that along with that success is the fulfillment of your promise to do a full buy back.

Obligations do not have to be legal to be fulfilled. They remain as obligations despite lawyers cunningly remove any legality from them. And I appreciate you deciding to face them squarely rather than shirk from them. IF you really mean what you say.

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November 16, 2019, 04:16:03 PM
 #11

Locked for now due to the massive amounts of retarded trolls posting.
Threads served it's purpose of being a place some people might see the announcement who didn't get an email.
Will unlock when next payments/withdrawals are made or if anyone wants to post that they received funds.
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November 18, 2019, 11:38:34 AM
 #12

I am one of them who requested withdrawal and received my remained funds except for the BKB tokens after site shutdown. I participated in BKB ICO years ago and have contacted Dean occasionally when I need some question and help with something to him, and I always have got proper feedbacks from him.
 
I'm sorry for the site shutdown though, I also hope all including BKB will be resolved during 2020 based on his buyback plan.  I believe Dean will keep going forward, and keep his promise.

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November 19, 2019, 02:17:38 PM
 #13

Just adding to the list. I also received a refund of my balance from the betking.io site.  I was an early investor and a bkt holder.  Dean was forthright in communications with me on status and planning throughout the whole endeavor.  It’s unfortunate that the site didn’t succeed, but the vast majority of startups fail. That’s the reality of angel investing and while we hope for the best, we expect the losses. 

I wish Dean the best of luck shaking the trolls.  It’s very easy to sit idly by and tear down other people who are trying to succeed.  There is no honor or respect to be earned in that.  I applaud him for trying to build a successful future.  In my opinion, that earns him far more merit than the bullying and defamation he gets here.

As has been proven time and time again, there is no discourse to engage in here. Just rampant character assassination and one sided debates. Bitcointalk is quite possibly the most toxic part of the crypto scene and I’ll not be back to discuss.
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November 25, 2019, 01:57:47 PM
 #14

I talked to Dean and got all my funds from the betking.io site back. I even thought I had slight less than I actually had.
I was also promised a buyback for the BKT I still hold, so thanks Dean and looking forward to that.

I stopped using the site for a few months, due to personal issues, but am sad that I will not be able to bet there anymore. It was a great site.

Good luck on future projects!
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November 25, 2019, 06:26:35 PM
Merited by RHavar (10), JollyGood (1), PrimeNumber7 (1)
 #15

Are their also non newbies who got their funds? This looks so unreal.

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November 25, 2019, 08:26:01 PM
 #16

Are their also non newbies who got their funds? This looks so unreal.

Newbie doesn't mean they were created today. You can look at post history and joined date.

A lot of BK players don't have forum accounts or were never active much here.

I will add also that these accounts that have had withdrawals are of smaller balances and not any large bankroll investors
GSpgh
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November 25, 2019, 08:58:26 PM
Merited by RHavar (10)
 #17

Newbie doesn't mean they were created today. You can look at post history and joined date.

A lot of BK players don't have forum accounts or were never active much here.

Yeah right. You're deleting posts of active players who are not happy with your scam and you're posting with your sockpuppet accounts, then making up a story to explain why only newbies are posting here. So childish.
BetKing.io
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November 25, 2019, 09:01:48 PM
 #18

Newbie doesn't mean they were created today. You can look at post history and joined date.

A lot of BK players don't have forum accounts or were never active much here.

Yeah right. You're deleting posts of active players who are not happy with your scam and you're posting with your sockpuppet accounts, then making up a story to explain why only newbies are posting here. So childish.


I'll leave this one just so people can easily prove you wrong. Loyce has a bot that is auto monitoring this thread and records all the posts that are deleted (mostly from you). None of those posts are from players who are not happy. But keep being an idiot.
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