I am looking forward to the next update to the bitcore core that improves the transaction & confirmation speed. If there is any short coming to bitcoin, it is the confirmation speed. Although there are "green addresses" which bitcoin payment gateway recognizes as valid trusted addresses, it is still not a standard implementation, iirc.

We have received a couple emails asking if everything is going okay and on schedule, since we have been a little silent.
I would like to point out it has not been a long time since last post, but I love the enthusiasm!

If there are more out there that was wondering the same, yes everything is going good.
Since I am between jobs (much of the reason I was able to develop Blockpoker), I have many hours of the day to work on our service.
The days that will come after today will be mainly used to double check everything, making sure that every function works as it should.
It's highly important to me and for this project as a whole that we can get a smooth and fault free launch.

The others have jobs and do not have that much time during work days, but its the weekend and christmas now, so you will see them getting more active in the next days with bringing the service out to people.
Creating a larger community and more attention to our launch and distribution week.

Kevin

Thanks for your interest Timeline, and great that you are ready to play! I know it's new years and the days after can have some busy days.
But I will encourage you to make as much time as possible to play in our distribution week (1-7Jan), where we will be distributing 120 million BP to those that sit and play at our tables.

Now, that's an excellent questions which I actually hoped someone would ask. I'll try to explain this method we have chosen as best as possible.

A big problem with altcoins (even bitcoin) is the volatility, which I think most of us in here will agree on.
So that was always in the teams heads when we were forming everything around Blockpoker.
We decided on a fixed value in the BP Bank for that specific problem. It will keep the stability to our currency. Which is very important in every currency, but maybe ever more important for the poker concept.
Nobody want's to deposit 100$ worth of BP, sit down and triple your BP and then realize you only get 250$ back when withdrawing because the value of the currency has gone down.
This fixed value will create a high stability on the market, making players able to withdraw the same worth as they put in.

There is other concerns here, which you address yourself. If Blockpoker gets such a large base that the demand for BP becomes to high for the bank to handle.
That's why the 100 sat fixed value is not set in stone, it can be changed. If the BP Bank experiences to much demand in BP, price will be set up. If it experiences to much demand in Bitcoin withdraws, price will be set down. (But with low amounts to keep stability, 10% up/down or so, those values will need to be perfected when the time comes.)
And the market will then follow the values that gets set to some degree.
You may ask what's even the point with trading BP on the market. But I would say that there is a huge reason to trade BP on the market when we become so big that the things above apply. Traders would trade on how they believe Blockpoker is doing (Is there a rise in players, or a decline?), and if they are right, the profit will come when the Bank raise/lower the value. It will be much more like the real world, and not surrounding the usual crypto pumps & dumps we all have witnessed countless times.

Now, this method is something we believe will be very successful. However, it's not set in stone and we could change the bank to follow the market.
It would be wonderful to have a debate around this current topic, so if you have some points and opinions you would like to put forward, I encourage you to do so.

Hope I explained myself alraight Timeline, if something is unclear or you have counterpoints please come with it

Kevin