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May 09, 2024, 08:52:43 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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161  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 09, 2015, 04:55:44 PM
I would help as well but I'm all out of fiat now Sad only got 10 AMBER and 2600 TALK coins lol, All my money is virtual god dammit!!
162  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 09, 2015, 04:34:44 PM
don't buy a silly amount like 1,000,000 CS lol just whatever is on the market at a reasonable price a.k.a everything that is 1000 or less, if you can afford to of course. Don't feel obliged to go that high if you can't afford it.
163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 09, 2015, 04:12:41 PM
yeah it definately is kirit lol, I might have 40k CS now but I'm skint thanks to dumpers lol especially seems no one is buying the product lol, xPooky buy some CS and reinvest it into the site lol
164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 09, 2015, 02:42:49 PM
i was the person keeping the trade rates as high as possible but I ran out of satoshi to keep buying the low price stuff. Couldn't keep up with people duming it and not buying my stuff that was 300, 500, 750, 1000 each
165  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 09, 2015, 02:10:01 PM
twn it was 1k cs per coin a couple of hours ago but someone dumped a ton of them reducing the price again
166  Economy / Micro Earnings / Re: [ANN] CryptoSpot - The First Bitcoin Virtual Mining Game on: May 09, 2015, 12:27:49 PM
I meant if the person who was simply trying to gain monopoly of the coin never bought anything with it essentially giving you 0% to take from a sale because he isn't buying anything. eventually it would all be mined.... eventually. It would have to be minted again at some point if somebody did that wouldn't it?
167  Economy / Micro Earnings / Re: [ANN] CryptoSpot - The First Bitcoin Virtual Mining Game on: May 09, 2015, 12:11:52 PM
I meant if just 1 person never sold or used his cryptospots eventually he would have a monopoly on 12 million coins, if that monopoly existed by one person eventually there would be no CS to mine on the site decreasing the block reward to 0.
168  Economy / Micro Earnings / Re: [ANN] CryptoSpot - The First Bitcoin Virtual Mining Game on: May 09, 2015, 11:35:52 AM
I think it would be nice if we could sell CS immediately in-game instead of waiting for somebody to pick our CS up on alcurEX and any other market we may enter.
Don't be greedy, m8.
Everyone want profits.
I admit that I am one of them, but what you asking for is ridiculous.

But if CryptoSpots can be trade instantly for Bitcoin, then, what is the use of CryptoSpots?

Imagine you mine 100k CS today, and the next morning you trade them for Bitcoin on CryptoSpot.
I am sure that CryptoSpots does not have value.


I wasn't trying to be greedy "mate" as you would get more on alcurEX and other market's by selling it there, This is more of a quick solution to those who want to leave the game or those who need satoshi in order to buy a rig because it's going really cheap on the black market or buying some cheap hashpower from the market or just wanting to cashout and can't be bothered to wait for someone to buy it.

This is why I  said the current high price -  33%, The 33% is basically a fee that the user pay's or having a quick payout rather than choosing the market. Also if CS is sold this way it could easily be added backinto the game and keep the value of the block reward at 695 per block rather than it decreasing after 12 months, giving the coins survivabilty.
169  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 09, 2015, 11:29:08 AM

We understand xPooky, Hope everything settles quickly and easily.
170  Economy / Micro Earnings / Re: [ANN] CryptoSpot - The First Bitcoin Virtual Mining Game on: May 09, 2015, 09:57:54 AM
I think it would be nice if we could sell CS immediately in-game instead of waiting for somebody to pick our CS up on alcurEX and any other market we may enter.

The bitcoin amount doesn't have to be crazy like 5000 satoshi per or whatever but have it at a middle range of the 24 hr high/24 hour low price (300 / 100 would be roughly 200 middle range per CS). This would also keep the market steady without it rapidly deflating overnight like it currently has because it would make it worse for everybody if people dumped CS too cheaply.

You said that Rig Market updates every minute based on alcurEX prices + 5% (which I'm assuming you got  their API integrated with the site) maybe you could use the same method to ensure that the site doesn't pay over the odd's for the satoshi to ensure the system is not exploited something like minimum sell price - 33.33% .
171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 08, 2015, 10:53:16 PM
I wonder if we will get a CS Deposit Promotion soon ^_^
172  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 07, 2015, 12:36:41 PM
Considering that it say's 08:37:00 I would assume that it is based on 24 hour clock lol so it woul be AM currently lol.
173  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 07, 2015, 12:05:54 PM
At least I finally know I am server time +5 here in GMT lol
174  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 07, 2015, 11:40:44 AM
indeed this is true Smiley I tried selling one for 7000 BTC this morning right after release not realizing it was BTC units rather than satoshi units lol :p
175  Economy / Micro Earnings / Re: [ANN] CryptoSpot - The First Bitcoin Virtual Mining Game on: May 07, 2015, 11:29:09 AM
Krunox more updates are being made later today, xPooky was tired after a long business trip cut him some slack lol
176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 07, 2015, 11:13:41 AM
The only  time black market will become really  busy is when there are no rig's left in the store, Then people MAY pay more than a rig is worth Smiley
177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 07, 2015, 10:32:06 AM
I was just about  to say the same thing melwinder haha, Obviously not very clued on or doesn't realize the price is per GH lol or as you said maybe a dual account.
178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 07, 2015, 03:52:45 AM
Night ^_^ me and jimmee are fighting over market prices ^_^ I believe he may give up before I do ^_^
179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 07, 2015, 03:33:23 AM
I have to connect my laptop to my TV via VGA because it has no screen lol ^_^ that's why I'm mining BTC and CS because I'm poorer than poor lol ^_^
180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CS]CryptoSpots|Virtual PoW|Fair Distribution Over cryptospot.me on: May 07, 2015, 03:24:24 AM
Must be a screen resolution problem then lol, I'm only using 800x600 lol (VGA)
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