but how many coins are reserved for the closed system?

how about the apple mobile app? any news on that one?
from the bahams scrypt it says:

....The solution is a closed loop system so only open to those who are authorized to use the platform, all transactions can be traced, audited and related to a user who has gone through KYC, merchants and who generated the voucher.

The platform utilizes the CSC Blockchain to ensure that transactions are fast, secure and not exposed to fraud.

The application holds a balance of CSC that are recycled for usage, if any more are required then they will be obtained via public exchanges.

https://www.cryptopia.co.nz/Exchange?market=CSC_BTC

https://alcurex.com/#CSC-BTC....

My question, how many coins be the balance reserved for the casinos? Once more coins are required, they need to buy in the open market right?? Why dont you guys believe in that, that if there is a shortage of coins for that balance for the casinos, they need to buy in the open market?

Any news on the possible participating casinos and the promised miners?

Thanks

Another big sale over at alcurex for below 500

People always make the same mistakes when selling at the bottom... PR could surprise any moment...

Wow, what a sale on cryptopia. Someone sold over 50k for below 600!! Whats wrong?

Goldseal, you are of course right. But together with the lack of good news I doubt the exchanges would cope with that 1million sale... Just my opinion.

Putting 1million coins into the exchanges and ask for 10btc will put a lot of pressure onto the csc exchange rate. Not sure if thats we need here... Doing a private deal could be a solution...

Barbeq... my offer is 5btc for 1mio csc. Just let me know. Thanks

Barbeqe, I could offer you 5btc for that 1 million csc. You might not believe it but I even agree with some of your points....

Exactly what I think also Marec

I remember the days when i ordered a lovely pizza margherita with 1btc. I wouldnt have imagend what btc is today....

Sooner or later believe me the casinos will need to buy in the open market. If the industry gets bigger and CSC is successfull, the casinos will need not just the closed looped coins but also open market coins.

Alcurex seems working again nicely

Well not just the volume but also the price does not make sense... Who is still selling CSC coins at a mining loss? Miners selling at these prices can only loose. There are other profitable coins to mine and exchange them into CSC. So that leaves me still with my question, who is selli g CSC at rediculous price and volume?

Out of my 20k$ gox claim the hedgefund offers 3000$ in cash immediately. Would go for it? Or waiting another 2 or more years for finally not getting anything at all?

How many coins are actually already mined?

I would expect the miners to come back sooon.

Just one casiono needs to announce and csc coin price will 10fold.... omg, i am still buying those cheap coins

First csc coins from alcurex just arrived on my mobile wallet! This is really exciting will send some ober to my desktop and lets see what happens...

Thanks for that link for the mobile wallet. Just trying it out. So far everything fine and working