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    Author Topic: BitDice Robbed Investors? CSNO lost 80% value  (Read 3265 times)
    BoXXoB
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    February 17, 2020, 11:42:02 AM
     #41

    I have not looked at the white paper of the ICO or anything to do with the ICO, so I'd like to play the part of a person who did no research to this point but has questions.

    10 million dollars was collected correct?

    Was the money collected in fiat, btc, or eth, or other alts?

    What was the value of said currencies at the time of collecting for the ICO?

    If cryptocurrencies were accepted to buy tokens, did Alex keep the money in cryptos? Fiat conversion?

    If he kept it in cryptocurrencies when the price of crypto rose, why didnt the value of the tokens held by investors?

    What about forked coins? Was any claimed? Did that value go to investors?

    Some of these questions obviously are irrelevant if ICO funds were converted to fiat.

    Would like to see the answers to these questions though.



    Money was collected in BTC, ETH and some other alts. I think the total amount was somewhere between 8.5 and 10 million.

    A part of the cryptocurrencies was sold for fiat and rest was was kept in cryptos. I believe something like 4 million was converted into fiat according to the quarterly reports.

    I haven't heard of any forked coins being claimed.

    The issue is that the token price is not tied to the amount invested other than the fact that it determined the initial price per token at the time of the sale. It was never supposed to be, it's a dividend token which means token holders are and will be entitled to a part of the site profit, that's it. Of course the fact that BitDice is still working on those promises and which is also holding back things like marketing, the returns for investors so far haven't been so good but investors are still entitled to the same exact things they were entitled to after the ICO.

    I would personally just hope for patience while the new site is being finished. I know it's late but BitDice hasn't lost it's future potential despite the new website and promises being fulfilled late.

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