Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ignitiondefect on August 07, 2014, 06:17:00 PM



Title: Idea for a New Alt-Coin
Post by: ignitiondefect on August 07, 2014, 06:17:00 PM
What about a coin that's integrated with its own online zero-house edge casino that only accepts that coin. When the house loses, new coins are created to honor the bet. When the player loses, those coins are basically just burned (sent to an address for which there is no privkey). Demand for new coins would come from players attempting to escalate their Martingale strategies.


Title: Re: Idea for a New Alt-Coin
Post by: Brewins on August 07, 2014, 06:44:20 PM
Martingale is a losing system.


Sooner or later all coins will be destroyed, and if the coin has no other designed use other than this gambling, I doubt people will be interested on mining it