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Question: Is having a timer release wallet a a good thing?
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Author Topic: [ANN] NoLimitCoin NLC for Fantasy Sports Game [SHA256d][PoW/PoS][ICO]  (Read 85385 times)
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NLCManagerRG
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September 21, 2016, 05:24:10 PM
 #241

When this week will end? 8:30 PM or AM ?

I believe I will be on 3rd place in a contest Smiley  First time played ever .

Beginner's luck...   Grin

Good luck this week, you will need it.


-tb-

Luck is always welcome and in FF, and you cant win with without it. What is the name of your team? We are going to start featuring the top winning teams on the "jumbo-tron" for top 5 teams of the week. So whats your team, I want to see your secrets!
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NLCManagerRG
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September 21, 2016, 05:44:44 PM
 #242

Market is dropping as more coin comes out of game, but price of 300 is only a few grand away and that "heavy artillery" not here yet as we jumped the gun on the exchange, will be here. So I think our volume will go up 10 X in a matter of a few weeks.

Actually the system is not ready for this, winner-take-all pay-out just checked, but I like the idea, and we should allow this in future weeks. We will try to incorporate.
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September 21, 2016, 06:56:58 PM
 #243

How about a " Winner Takes All " for 10,000 coins per entry  ?  up to 1000 players minus fee(maybe multiple entries 2-3  per person) - would be huge win for somebody ? 

I like it, but law says I have to guarantee, so how about 25 team 10K 250K winner take all? Will be called the Psi contest, or what do you think?

good point, I forgot about the guaranteed pot law. No problem with Psi contest but no problem if not the case.25 sounds about right for now,   if it fills  you don't lose out, I think it should easy.  Would be nice if I won it too, so we'll see.

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September 21, 2016, 06:58:57 PM
 #244

Im going to code winner-take-all for the adrenaline junkies.
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September 21, 2016, 07:00:22 PM
 #245

I lost all my contenst.


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Soma
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September 21, 2016, 07:14:44 PM
 #246

Im going to code winner-take-all for the adrenaline junkies.

That sounds great but I think  some court in canada anyway ruled a  Prize must be set prior to contest starting or some b.s. like that, now I forget the case name. Here is a forbes link talking about fantasy pools by law prof, u.s. states are different, as you mentioned in op.

http://www.forbes.com/sites/marcedelman/2013/09/03/is-it-legal-to-play-fantasy-football-for-money/#1d38864757dc

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September 21, 2016, 08:02:10 PM
 #247

When this week will end? 8:30 PM or AM ?

I believe I will be on 3rd place in a contest Smiley  First time played ever .

Beginner's luck...   Grin

Good luck this week, you will need it.


-tb-

haha! i love that this is growing so quickly!

_///// [XVG] ★★★★★WE ARE ON  THE VERGE ★★★★★ [SCRYPT] /////_
_//// TOR // I2P // LINUX . WINDOWS . MAC . ANDROID . ELECTRUM . WEBWALLET . GITHUB // WEBSITE // RADIO // IRC ////_
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September 21, 2016, 08:50:19 PM
 #248

We want to implement a timer release wallet.

Example is, you put 100,000 coin in a wallet, but it will only allow you to release say 20,000 coin per year for 5 years. Another example, is a sort of will where you leave coin and lock it for say 10 years. Another example is selling futures this way. Rather than a futures market, where you need both sides, we can package some coin where you may be able to buy coin that releases every month, or every year, and thus wont hit markets, and for this, we may be able to sell at a special rate. So this would be a sort of futures market. Only large purchases could participate in something like this, I would think.

So, a special wallet, you can lock or set coin for time release. Wallet would show countdown clock for each amount.

This method would force long term investing and slow release of coin. Modification would be allowed to the grantor and a Trustee module would be part of this to allow 3rd parties to manage a sort of estate wallet.

That strategy would have been good for Bitcoin in the early days, to avoid the temptation to sell early and lock the coin for a specific amount of time. In the case of BTC, I think we all need to take a few BTCs and lock them for 20 years this way and throw away the key, then wake up 20 years later with BTC at 50 K or something.

Thoughts?

this sounds great. Would love to see this implemented. It would help to sustain the value of the coin and give more certainty about the price.

Btw i saw that bittrex are interested in adding new coins since they are going to delist alot of the low volume coins they have there.  Are u planning in contacting them soon or is better wait till we have more volume?

Last question, android games are one of the easiest way to get new users. Any plans to make the site available for smart- phones?

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September 21, 2016, 10:21:19 PM
 #249

We want to implement a timer release wallet.

Example is, you put 100,000 coin in a wallet, but it will only allow you to release say 20,000 coin per year for 5 years. Another example, is a sort of will where you leave coin and lock it for say 10 years. Another example is selling futures this way. Rather than a futures market, where you need both sides, we can package some coin where you may be able to buy coin that releases every month, or every year, and thus wont hit markets, and for this, we may be able to sell at a special rate. So this would be a sort of futures market. Only large purchases could participate in something like this, I would think.

So, a special wallet, you can lock or set coin for time release. Wallet would show countdown clock for each amount.

This method would force long term investing and slow release of coin. Modification would be allowed to the grantor and a Trustee module would be part of this to allow 3rd parties to manage a sort of estate wallet.

That strategy would have been good for Bitcoin in the early days, to avoid the temptation to sell early and lock the coin for a specific amount of time. In the case of BTC, I think we all need to take a few BTCs and lock them for 20 years this way and throw away the key, then wake up 20 years later with BTC at 50 K or something.

Thoughts?

this sounds great. Would love to see this implemented. It would help to sustain the value of the coin and give more certainty about the price.

Btw i saw that bittrex are interested in adding new coins since they are going to delist alot of the low volume coins they have there.  Are u planning in contacting them soon or is better wait till we have more volume?

Last question, android games are one of the easiest way to get new users. Any plans to make the site available for smart- phones?

Site is responseive so already is smart phone ready, no need for app. Yes we really want to be in Bittrex and Polo. So Good tip, we will hit them up. TY
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September 21, 2016, 10:22:31 PM
 #250

Im going to code winner-take-all for the adrenaline junkies.

That sounds great but I think  some court in canada anyway ruled a  Prize must be set prior to contest starting or some b.s. like that, now I forget the case name. Here is a forbes link talking about fantasy pools by law prof, u.s. states are different, as you mentioned in op.

http://www.forbes.com/sites/marcedelman/2013/09/03/is-it-legal-to-play-fantasy-football-for-money/#1d38864757dc

Yes that is correct, but you can create a private contest and that can be depending on the entries, but not as a fantasy operator. Thanks I will check it out.
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September 21, 2016, 10:23:48 PM
 #251

I lost all my contenst.

Sorry to hear but there are some free rolls, so make sure you are in there and study your team and get into the top 10 into the weekly million. Still many weeks to get back on it.
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September 22, 2016, 09:53:44 AM
 #252

Is possible to deposit coins also?

Thanks

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September 22, 2016, 10:14:25 AM
 #253

bah price down, still hold my NLC wait exchange bittrex for selling Embarrassed
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September 22, 2016, 11:05:30 AM
 #254

lol so funny Grin Grin Grin

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Coinchange
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September 22, 2016, 01:13:41 PM
 #255

watching..
how many players are on cryptofantasysports ?

🚀
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September 22, 2016, 01:33:27 PM
 #256

this time to buy coins NLC

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September 22, 2016, 02:59:38 PM
 #257

why can not send NLC from my wallet to c-CEX?

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September 22, 2016, 06:53:23 PM
 #258

Good time to buy some thousands of cheap NLC!

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September 22, 2016, 07:32:18 PM
 #259

why can not send NLC from my wallet to c-CEX?

Email server quota exceeded but email server back up. Try to send now please.

Price drop temporary, as we plan to establish a range as it was before.

Thanks all. Yes buy cheap. Watch coin as demand and big orders boost the buy side alot.
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September 22, 2016, 08:32:26 PM
 #260

we have a better distribution of the coin when i first started to trade we had 7 wallets in c-cex now is over 50 Tongue

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