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Author Topic: GoldenTowns Game Is Accepting and Paying out in Bitcoins  (Read 27996 times)
akeetlebeetle
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November 20, 2013, 12:49:44 AM
 #221


This game seems to have the funny peculiarity of some players being "official traders" of gold for money which is a very exclusive position. They seem to be the same guys who are "conquering" the world and plundering other's gold (like Sirdiman who seems to be in all these invasions) to resell later to the same people with their privileged position?

The game could have inbuilt escrow easily for buying and selling of ingame gold without the need to assign a few guys to it. I don't understand the mechanics with their trade... doesn't feel very honest. Am I seeing something wrong?


These are long-term trusted individuals who are required to have 1k of gold/currency on hand to be able to facilitate these transactions.

However, they have announced a wallet service coming in Feb which will facilitate all this stuff without a middleman.

Link to forum post: http://forum.goldentowns.com/viewtopic.php?f=4&t=509&sid=f2396ec905c23a24f528f22c18f84de2.
globalvillage (OP)
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November 20, 2013, 05:57:59 AM
 #222

@Amph, it's not very lame, it's normal, isn't it?  There would not be any need to allow mining from level 5th, if a new player could support his mine with the 6 initial production buildings.  He needs to progress and build his town to start digging for his gold.


@FeedbackLoop, here are more pics from the coming in February GT wallet and GT Coin:

http://forum.goldentowns.com/viewtopic.php?f=4&t=772

So from February, no more official gold resellers such as Killam or Sirdiman.  On the other hand, those guys are great, they do not take advantage of the system, they work very hard with the system...

To access these links you need to be log into GT forum, but  you can view the wallet and coin pictures  in this entry here: https://bitcointalk.org/index.php?topic=316483.msg3599173#msg3599173

Amph
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November 20, 2013, 10:30:09 AM
Last edit: November 20, 2013, 10:41:52 AM by Amph
 #223

i forgot what it  is needed to upgrade the houses to level 5, can you tell me?

i know until level 3 you need the market(level 2) andthe police station(level 3), but then for 4 and 5?
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November 20, 2013, 10:50:53 AM
 #224

i forgot what it  is needed to upgrade the houses to level 5, can you tell me?

i know until level 3 you need the market(level 2) andthe police station(level 3), but then for 4 and 5?

Hospital.

The full list is in the faq btw.

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Amph
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November 20, 2013, 01:11:52 PM
 #225

apparently you can't withdraw in bitcoin?

akeetlebeetle
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November 20, 2013, 02:44:37 PM
 #226

apparently you can't withdraw in bitcoin?



You can. There are three of them that do bitcoin. Killam is the one I use.

There is a min amount that you have to have to withdraw (1.25 gold)

To sell gold for bitcoin:

1 - Click the gold category above your town.
2 - Click Trade
3 - Select Sell Gold For Cash
4 - Choose Bitcoin in the drop-down menu
5 - Find the seller you want and click details
6 - Type in the # of euros you want to sell (right now it's 4 eur/gold)
7 - Hit sell
8 - The seller's email will come up and you arrange your transaction that way.
9 - When all is done, hit confirm payment.

These guys usually respond quickly and the whole process can be finished in 10-15 min.
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November 20, 2013, 03:24:56 PM
 #227

nice, i'll try when i'll reach that amount
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November 20, 2013, 03:47:39 PM
 #228

Something I read on their forum, if you buy gold with Paypal there is a 45 day waiting time before you can cash out with bitcoin, to safegaurd the seller against chargebacks.

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akeetlebeetle
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November 20, 2013, 05:23:55 PM
 #229

Something I read on their forum, if you buy gold with Paypal there is a 45 day waiting time before you can cash out with bitcoin, to safegaurd the seller against chargebacks.


That makes sense. Paypal needs to stop issuing chargebacks to BTC traders. They're only hastening their own demise.
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November 21, 2013, 11:26:18 AM
Last edit: November 21, 2013, 11:37:38 AM by Amph
 #230

new players are doomed, mine gold cost keeps rising, now is 128 just for level 2 lol, aka you need 2xq4/q5 for every raw materials just to mine 0.0320...
akeetlebeetle
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November 21, 2013, 02:17:51 PM
 #231

new players are doomed, mine gold cost keeps rising, now is 128 just for level 2 lol, aka you need 2xq4/q5 for every raw materials just to mine 0.0320...

It changes every hour. Keep an eye on it and snatch it when it's low.
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November 21, 2013, 02:28:12 PM
 #232

the point is that the more the players who mines gold, the more the value will raise permanently, when thee game started that value was probably 2-4 for level 1 and 6-8 for level 2 and so on...
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November 21, 2013, 10:03:10 PM
 #233

the point is that the more the players who mines gold, the more the value will raise permanently, when thee game started that value was probably 2-4 for level 1 and 6-8 for level 2 and so on...
Well the increase is too huge. Less and less people will mine.

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Amph
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November 22, 2013, 08:36:31 AM
 #234

it is possible to reach q4 buildings under level 4 rank

globalvillage (OP)
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November 23, 2013, 02:36:21 AM
Last edit: November 23, 2013, 03:16:34 AM by globalvillage
 #235

apparently you can't withdraw in bitcoin?



Akeetlebeetle answered that beautifully.

kwsnni and ottoclix have in details their wallet addresses:

wsnii: 1H6a7PXYtZq22ge8VMyBX18G2fmWJf78et,
ottoclix: 1H86cqqPhnUh1G1wc44Yv1KDkHKdaenNWo

you can check their bitcoin transactions.

Bitcoins for Ottoclix are new, but he did not want to stay behind, so he added BTC payment option too.
Good for us, our coins are getting more and more popular :-)

globalvillage (OP)
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November 23, 2013, 02:56:51 AM
 #236

@ Amph, why your police is so far from the fire hall?  How are you going to upgrade these 2 buildings, they need each other influence in the level 2 ...?  

Is it possible that you concentrate too much on your production output and too little on your town?

I am sorry but I think that for level 3, more of you houses could be upgraded by now, but... with the current placement, it will be hard to do it...  If I am you, I build one more police or one more fire station, keep it on the lowest level possible to make the necessary upgrades and than demolish.


BTW, I am not trying to be smart, just helpful...

globalvillage (OP)
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November 23, 2013, 03:00:26 AM
 #237

the point is that the more the players who mines gold, the more the value will raise permanently, when thee game started that value was probably 2-4 for level 1 and 6-8 for level 2 and so on...
Well the increase is too huge. Less and less people will mine.

Lauda, this is not true, look at the stats, click on Activity tab in Gold Section.  If more members mine, the price of mining is growing, if less members mine, the price is getting lower.  The price is checked and adjusted every hour in exact relation to the amount of mined gold, so your predictions are not possible.

globalvillage (OP)
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November 23, 2013, 03:04:45 AM
 #238

the point is that the more the players who mines gold, the more the value will raise permanently, when thee game started that value was probably 2-4 for level 1 and 6-8 for level 2 and so on...

When the game started, 1 virtual gold was worth less than 2 euro, now is worth 6.5 and it will be more and more.
Gosh, such fun to finally be in anti inflationary environment, even a virtual one LOL

akeetlebeetle
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November 23, 2013, 03:59:16 AM
 #239

the point is that the more the players who mines gold, the more the value will raise permanently, when thee game started that value was probably 2-4 for level 1 and 6-8 for level 2 and so on...
Well the increase is too huge. Less and less people will mine.

Lauda, this is not true, look at the stats, click on Activity tab in Gold Section.  If more members mine, the price of mining is growing, if less members mine, the price is getting lower.  The price is checked and adjusted every hour in exact relation to the amount of mined gold, so your predictions are not possible.

I noticed that they seem to update at different times. Is there supposed to be a set time they update everything?
globalvillage (OP)
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November 23, 2013, 08:38:59 AM
 #240

Nope, not what I know off.  I think they calculate every hour and change the cost accordingly. Lauda, at times, when the bigger players wait for the right time and mine many of their mines at once, the low price stays for very short time.  New gold deposit is found and price is raising up in a matter of moments...

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