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Phil Hellmuth getting into crypto business. BlitzPredict? Phil Hellmuth getting into crypto business. BlitzPredict?

03-24-2018 , 10:24 PM
Quote:
Originally Posted by rwesty
You would be a complete fool to think there is any added credibility for something because Phil Hellmuth is promoting the product. His history with UB shows he will promote anything as long as he's getting a check and he doesn't care if all the customers get their $ stolen from them.
Phil is an equity investor in BlitzPredict - he didn't receive any additional compensation, including tokens, for promoting us 👍
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-25-2018 , 12:42 PM
I'm no fan of Hellmuth but putting UB's crap on him seems like a stretch. Some of the Full Tilt pros who were part of the business is one thing, you may as well try and put Nike's Chinese sweatshops on Micheal Jordan with that type of reach.
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-25-2018 , 03:58 PM
Quote:
Originally Posted by unta8
Real lol at people saying "very interesting project." What is *remotely* interesting about this? I'm guessing this is the first ICO or token sale you've come across if this is interesting. The "problem" is small in scope and frankly not important at all. Your "solution" is dubious and late to market. There are functioning products already doing what you're looking to do, presumably with better products (OddsShark, Trademate Sports) that don't involve the self promoting, cheat enabling cancer that is Philadelphia Hellmuth. Like, you guys want to be an affiliate site? For sports betting? In 2018? Oh wait it gets better because you want to take on massive counterparty risk to process sportsbook cashouts for 2% vig!

The token use cases are even more lolworthy. When you say "staking" are you referring to a proof of stake algorithm (guessing no because it woudn't work or make any sense) or users lending money to your liquidity pool for interest? The two aren't the same, even though I think you're trying to make it seem like they are. I digress.

So you're going to show up with your crowdsourced token money and provide cashouts from third party books for vig? So you're middling books cashouts. A tokenized middleman? Taking on giant amounts of risk (with crowdsourced money) for 2%? Do you also have a sick betting bot that guarantees 1% a day? Do you think you know their security, fraud, AML, KYC, etc, (MOST OF THEIR ENTIRE BUSINESS MODEL when you really think about it?), better than they do? Lmao.

Oh and we haven't even talked about ole Philly boy yet. That's a whole different conversation.

Sorry, but this looks to be a complete cash grab. I don't blame you for trying to cash in on the ico / token sale ****show, but this is pretty god damn awful when you really think about it.

So, about the blockchain aspect of it. PoW or PoS? How much premine?



Of course you will. But how will users acquire these tokens? Oh right, buying them for actual money from your massive premine supply.

I'd pass this thing harder than Uncle Rico back in 82. Would really love for Haralabos to come in and drop some wisdom.

Interesting that this post was never addressed.. and that it also pretty much ended this thread a couple months back.
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-25-2018 , 04:26 PM
Quote:
Originally Posted by Sir Huntington
I'm no fan of Hellmuth but putting UB's crap on him seems like a stretch. Some of the Full Tilt pros who were part of the business is one thing, you may as well try and put Nike's Chinese sweatshops on Micheal Jordan with that type of reach.
This would be an apt analogy if Michael Jordan denied that sweatshops exist while actively encouraging Vietnamese children to work at his sponsor's wonderful factories.

Oh, and if Nike exit scammed, stiffed all its employees and stockholders, and Jordan quietly continued collecting checks like nothing ever happened.
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-25-2018 , 04:43 PM
Quote:
Originally Posted by SrslySirius
This would be an apt analogy if Michael Jordan denied that sweatshops exist while actively encouraging Vietnamese children to work at his sponsor's wonderful factories.

Oh, and if Nike exit scammed, stiffed all its employees and stockholders, and Jordan quietly continued collecting checks like nothing ever happened.
Also if Jordan specifically listed the sweatshop owners as his best friends in the world.
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-25-2018 , 04:46 PM
Quote:
Originally Posted by Burg Grind
Interesting that this post was never addressed.. and that it also pretty much ended this thread a couple months back.
Given the tone of his post, and the fact that he neglected to mention key components of our platform like the expert marketplace, I elected not to respond. It's also interesting he infers we paid Hellmuth to shill our platform, which is NOT the case - as I said above, he is an equity investor and received no additional compensation for promoting BlitzPredict.

I'm happy to answer legitimate questions about the platform but I will most likely ignore angry diatribes such as the one above.
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-25-2018 , 04:48 PM
Quote:
Originally Posted by rwesty
Also if Jordan specifically listed the sweatshop owners as his best friends in the world.
LOL you guys have a point and this one made me laugh.
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-26-2018 , 02:18 AM
Quote:
Originally Posted by Brett Richey
Given the tone of his post, and the fact that he neglected to mention key components of our platform like the expert marketplace, I elected not to respond. It's also interesting he infers we paid Hellmuth to shill our platform, which is NOT the case - as I said above, he is an equity investor and received no additional compensation for promoting BlitzPredict.

I'm happy to answer legitimate questions about the platform but I will most likely ignore angry diatribes such as the one above.
Hi Brett:

A couple of points.

1. I don’t think Helmuth did anything wrong relative to UB. But I also think there are questions he needs to answer, and as far as I know he had never done this. I also think, and this could easily be wrong, that it would be in your company’s best interest for him to do so. This way you might be able to put an end to this issue that’s following him around.

2. While it’s true that some posters can be annoying, I recommend that you try to address any issues, no matter how absurd, that are brought up. If you don’t do this incorrect information may become the accepted norm which can hurt your company.

Best wishes,
Mason
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-26-2018 , 04:29 PM
Quote:
Originally Posted by Mason Malmuth
Hi Brett:

A couple of points.

1. I don’t think Helmuth did anything wrong relative to UB. But I also think there are questions he needs to answer, and as far as I know he had never done this. I also think, and this could easily be wrong, that it would be in your company’s best interest for him to do so. This way you might be able to put an end to this issue that’s following him around.

2. While it’s true that some posters can be annoying, I recommend that you try to address any issues, no matter how absurd, that are brought up. If you don’t do this incorrect information may become the accepted norm which can hurt your company.

Best wishes,
Mason
Excellent points Mason - I agree with you. I generally respond to all comments/criticism about the project but didn't answer him and then the thread died.
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-28-2018 , 07:17 AM
I think once you thoroughly understand blockchain, you will realize that it isnt ready yet. Or let me put it another way: It would be unwise for you to implement it, because it all sounds fun and games to use it, but when you are ACTUALLY DOING it, you will understand its many pitfalls and that it isnt ready to be used in the way you want to use it.
(Unless you want to transfer the risk to your customers of course, but that wouldnt be very ethical... but doable, of course.)
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-31-2018 , 01:32 PM
I can't believe anybody is actually buying into this ****.
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-31-2018 , 02:28 PM
so what kind of scam it is
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
03-31-2018 , 09:20 PM
Quote:
Originally Posted by Dos
I think once you thoroughly understand blockchain, you will realize that it isnt ready yet. Or let me put it another way: It would be unwise for you to implement it, because it all sounds fun and games to use it, but when you are ACTUALLY DOING it, you will understand its many pitfalls and that it isnt ready to be used in the way you want to use it.
(Unless you want to transfer the risk to your customers of course, but that wouldnt be very ethical... but doable, of course.)
Are you a developer and do you have a blog or anything where I can read more about what you're saying here? You just dropped a huge knowledge tease
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
10-03-2018 , 11:57 AM
Hey, just wanted to bump this thread. Market agrees with me. Almost nobody is trading this scamcoin. There have been like 35 trades on cryptopia in the last 10 days and less than .1btc in volume in that period. I’ve actually never seen this low of volume. Congrats on your Money grab ICO Brett, and sorry for anyone who gambled on buying your tokens to begin with.
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
10-03-2018 , 01:06 PM
Quote:
Originally Posted by unta8
Hey, just wanted to bump this thread. Market agrees with me. Almost nobody is trading this scamcoin. There have been like 35 trades on cryptopia in the last 10 days and less than .1btc in volume in that period. I’ve actually never seen this low of volume. Congrats on your Money grab ICO Brett, and sorry for anyone who gambled on buying your tokens to begin with.
We are doing what we outlined in our white paper and we are focused on our longterm objectives. How many ICOs do you think:

Have a working product
Exhibited responsible treasury management
Are doing what they outlined in their white papers

We had to make difficult decisions due to market conditions in addition to events specific to our project that slowed our momentum. We were not a mega ICO by any means (~6k ETH raised) and to focus on hype marketing in this climate would have been disastrous for our overall chances of success. Almost every project that raised at the same time as us is down 90%+ as well - these markets are incredibly inefficient and everything moves in tandem (for now).

We are building out our Augur integration, which I think a lot of poker players will find pretty cool. We aim to make it easier for users to create and predict(bet) on Augur markets. We are also exploring options for an off-chain orderbook, which would solve a lot of the scalability issues currently found on Ethereum.

We have laid the foundation in terms of infrastructure, SEO, design, and analytics. Our focus now is entirely on on-chain behavior, starting with our Augur integration, which will open up a ton of cool opportunities for the XBP ecosystem. We have a strong team including six full-time developers and we post our progress on Medium every week.

I believe that the hype marketing game and announcements of announcements has died and won't return. The next bull run will be predicated on actual progress and adoption. It is much easier to market a great product than vaporware and our focus is on delivering on our promises.

Cheers,

Brett
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
10-03-2018 , 01:26 PM
I appreciate your very professional response, and sensible use of investor funds not going towards hype marketing. That is definitely worth praise. I get the landscape, and definitely don’t blame you for post ICO price action. As you said, everything is getting hammered. 6 full time devs is also pretty impressive, that is some real skin in the game and not to be overlooked... Just... Why hellmuth?
Phil Hellmuth getting into crypto business. BlitzPredict? Quote
10-03-2018 , 02:00 PM
Quote:
Originally Posted by unta8
I appreciate your very professional response, and sensible use of investor funds not going towards hype marketing. That is definitely worth praise. I get the landscape, and definitely don’t blame you for post ICO price action. As you said, everything is getting hammered. 6 full time devs is also pretty impressive, that is some real skin in the game and not to be overlooked... Just... Why hellmuth?
Phil is a friend and equity investor from back when we were BlitzPick. As I said earlier in this thread, he received no compensation for promoting us (tokens or otherwise). He is an equity investor that believes in the project and I am happy to have him on board.
Phil Hellmuth getting into crypto business. BlitzPredict? Quote

      
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