[OLD][CSC]CasinoCoin ♠ A Digital Currency For The Regulated Online Gaming Sector

[Spakler]

Btw dev in almost done. We have. Few issues to deal with but it's coming to a close. If anyone wants a feature ask now or it will be a while. So throw some ideas out on what you might like to see.

If any testing needs to be done, im available.

[Abiky]

Btw dev in almost done. We have. Few issues to deal with but it's coming to a close. If anyone wants a feature ask now or it will be a while. So throw some ideas out on what you might like to see.

I have some suggestions to help improve CasinoCoin. Those are the following:

1. Make a better CSC Android wallet (with current price in USD, difficulty information, integrated Block explorer, etc)

2. (Optional) Make CSC a hybrid PoW/PoS crypto currency

3. Make a physical CasinoCoin which could be used as a physical coin vault (where it holds your public and private keys) for cold storage.


Those are my suggestions until now, and I think this might help CasinoCoin to increase its popularity and awareness.  

[GoldSeal]

Btw dev in almost done. We have. Few issues to deal with but it's coming to a close. If anyone wants a feature ask now or it will be a while. So throw some ideas out on what you might like to see.

I have some suggestions to help improve CasinoCoin. Those are the following:

1. Make a better CSC Android wallet (with current price in USD, difficulty information, integrated Block explorer, etc)

2. (Optional) Make CSC a hybrid PoW/PoS crypto currency

3. Make a physical CasinoCoin which could be used as a physical coin vault (where it holds your public and private keys) for cold storage.


Those are my suggestions until now, and I think this might help CasinoCoin to increase its popularity and awareness. 

1. this is underway. We are also talking about an ios wallet
2. pos is out of the question. we can't think about any hardforks for at least a year and maybe thats just reducing the block reward to slow down the production of currency and that's a big maybe.
3. physical coins storage? that's kind of what prypto is. you can get a prypto wallet. its not just a fixed value gift card model.

[GoldSeal]

Best advice I can give you is to not sell your coins. This isn't some get rich quick scheme. if you guy are willing to hang in there for 6 months or so, you'll be selling the majority of your coins to casinos. I can't believe people giving away coins at these prices when the upside is so ridiculously huge. $1 is just an interim milestone. We're expecting significant adoption next year. Personally I'm expecting 5 time more casinos to be accepting csc on par with the market within a year. From what I can tell this is happening folks.

[gravitate]

Best advice I can give you is to not sell your coins. This isn't some get rich quick scheme. if you guy are willing to hang in there for 6 months or so, you'll be selling the majority of your coins to casinos. I can't believe people giving away coins at these prices when the upside is so ridiculously huge. $1 is just an interim milestone. We're expecting significant adoption next year. Personally I'm expecting 5 time more casinos to be accepting csc on par with the market within a year. From what I can tell this is happening folks.

I fully agree GOldSeal. Anyway stop saying this please I only have 200k right now I want more the cheaper the better

[Abiky]

Time to get into the exchanges and grab in some CasinoCoins. I have the feeling that this price would definitely rise as soon as Prypto makes CSC cards and more casinos get into the game. I'm so lucky I mined this coin, when it was apparently abandoned for a while (with development) and nobody cared about it. It's a good thing that CSC is back and ready to hit the moon! 

[gravitate]

whats the price right now?

[Abiky]

whats the price right now?

As of now, Coinmarketcap states that its current price is $0.022826 It is still dirt cheap, although sometimes I wish it would go even lower perhaps up to $0.01 so that I could buy lots of them. Still, it is a very cheap price and a perfect opportunity to hold them for the future and earn profits. 

[GamingCoins]

I take it the majority of you who hold CasinoCoin are interested because you play casino games.

For those this relates too, I have a question

1. What do you want to see from a VIP program that relates to an online casino, and?
  a) What do you expect?
  b) Does it matter to you?
  c) What would make a casino VIP program stand out to you?
  e) Would you join a casino simply due to a VIP program?
  g) You do not care.

1.
a- generous deposit bonuses
b- no I will join any casino that accept Casinocoin
c- more bonuses
e-no, casino reputation is important
g- I do not care- sometimes.

Thanks anyone else?

Reason for the question is that we are showing them to Casinos for various uses of CasinoCoin outside of what we doing as an affiliate tool.

We have data but this exercise will allow everyone in the community to give feedback on the same question.

[GamingCoins]

I take it the majority of you who hold CasinoCoin are interested because you play casino games.

For those this relates too, I have a question

1. What do you want to see from a VIP program that relates to an online casino, and?
  a) What do you expect?
  b) Does it matter to you?
  c) What would make a casino VIP program stand out to you?
  e) Would you join a casino simply due to a VIP program?
  g) You do not care.

1.
a- generous deposit bonuses
b- no I will join any casino that accept Casinocoin
c- more bonuses
e-no, casino reputation is important
g- I do not care- sometimes.

Thanks anyone else?

Reason for the question is that we are showing them to Casinos for various uses of CasinoCoin outside of what we doing as an affiliate tool.

We have data but this exercise will allow everyone in the community to give feedback on the same question.

Please note we are only working with FIAT casinos not Crypto based.

[KickAzzDude]

Few questions about the casinos:
1. Will we only be able to deposit CSC using prypto cards or can we also send CSC directly to the casinos to use?
2. Also if you have to use prypto cards, is there a way for CSC holders to trade CSC directly for the cards or do we have to buy prypto cards with $$ and can only sell CSC on exchanges?
3. Will the casinos using CSC be legal in all the 50 states of the US?

[GamingCoins]

Few questions about the casinos:
1. Will we only be able to deposit CSC using prypto cards or can we also send CSC directly to the casinos to use?
2. Also if you have to use prypto cards, is there a way for CSC holders to trade CSC directly for the cards or do we have to buy prypto cards with $$ and can only sell CSC on exchanges?
3. Will the casinos using CSC be legal in all the 50 states of the US?

If you are referring to Prypto CasinoCoin cards, these initially will be only used with casinos who are signed up with casinocoinsites.com and the API

So if you manage to get one of the cards, then it's either because of the following

a) You purchased it at $10 for 10 CasinoCoins, and can be used on any of the regulated casinos.
b) You were given the card as part of a promotion for you to play on one of their casinos, then to have them redeemed for $10 worth of credit on one of the casinos.

Thanks.

GC

[gravitate]

Few questions about the casinos:
1. Will we only be able to deposit CSC using prypto cards or can we also send CSC directly to the casinos to use?
2. Also if you have to use prypto cards, is there a way for CSC holders to trade CSC directly for the cards or do we have to buy prypto cards with $$ and can only sell CSC on exchanges?
3. Will the casinos using CSC be legal in all the 50 states of the US?

If you are referring to Prypto CasinoCoin cards, these initially will be only used with casinos who are signed up with casinocoinsites.com and the API

So if you manage to get one of the cards, then it's either because of the following

a) You purchased it at $10 for 10 CasinoCoins, and can be used on any of the regulated casinos.
b) You were given the card as part of a promotion for you to play on one of their casinos, then to have them redeemed for $10 worth of credit on one of the casinos.

Thanks.

GC

If casinos are accepting 10 casinocoins for 10 usd credits someone will lose out initially. How will this loss be compensated to make the transition to 1usd each attainable?

[KickAzzDude]

To add to the above question, does that mean casinocoin will always max out at $1 per coin with prypto? Or will the amount of coins to prypto value change in the future as the coin grows in market cap?

[GoldSeal]

No, it wouldn't be capped at a $1. $1/coin would be approximately a $34m market cap. That's probably not enough to support 1/15th of the casino funding processing business. It would need to be higher with enough trading velocity to support at least $414m/year worth of processing business.  Maybe 414,000,000/33,356,215 = $12.41 Who knows. If the trade velocity is low, then this could be higher. If the trad velocity is high, then it could be lower.

As for how you get to a $1, it's not that complicated. If the market price is $0.025 and a casino can buy that coin and flip it on prypto to a customer or another casino, how long do you think that market disparity is going to last? Those guys are much better funded that the average individual casinocoin owner.


This seems to be a good opportunity for a thought exercise.

Check out the richlist: http://csc.blockexp.info/richlist

If you look, you'll see that 59.21% of all coins are held by the top 25 accounts. Now, this coin is has been up about 35 - 65x from the 200 area, which is quite a move, and yet these large holders aren't selling. Interestingly enough, big buyers still seem to be buying at these levels and the orderbook is probably the thinnest ever seen for casinocoin on cryptsy. What could possibly explain this situation? If the coin is up this much, why aren't these people taking profits? What might those people be thinking? Who might they be? Why would we see massive purchases taking the price to all time high prices with the 2nd highest volume on cryptsy only to watch it completely dry up the next day? What could be happening there?

As far as I can tell we're still in an accumulation phase and this is usually followed by a very volatile price discovery phase. I don't think we're in that phase yet because the trade velocity is still very low.

[Abiky]

When CasinoCoin would strike at $1 per coin, it will be the day that CSC would be widely used on physical casinos instead of fiat. As a result, the marketcap would increase and people would only gamble with CSC. This is exciting. Can't wait for Prypto  to make those CasinoCoin cards!   

[GoldSeal]

When CasinoCoin would strike at $1 per coin, it will be the day that CSC would be widely used on physical casinos instead of fiat. As a result, the marketcap would increase and people would only gamble with CSC. This is exciting. Can't wait for Prypto  to make those CasinoCoin cards!   

Well, placing bets in CSC is a totally different animal. This is more about casinos denominated in usd, euro, etc accepting and paying out in CSC. Gambling directly in CSC is a real hard sell.

[gravitate]

When CasinoCoin would strike at $1 per coin, it will be the day that CSC would be widely used on physical casinos instead of fiat. As a result, the marketcap would increase and people would only gamble with CSC. This is exciting. Can't wait for Prypto  to make those CasinoCoin cards!   

Well, placing bets in CSC is a totally different animal. This is more about casinos denominated in usd, euro, etc accepting and paying out in CSC. Gambling directly in CSC is a real hard sell.

What about making a CSC lottery? Who is up for it?

[halibit]

Hello from alcurEX.

I just add Casinocoin under two markets on alcurEX.
CSC-BTC: https://alcurex.org/index.php/crypto/market?pair=csc_btc
CSC-MRC: https://alcurex.org/index.php/crypto/market?pair=csc_mrc

Welcome CasinoCoin.

halibit

[halibit]

Hello from alcurEX.

I just add Casinocoin under two markets on alcurEX.
CSC-BTC: https://alcurex.org/index.php/crypto/market?pair=csc_btc
CSC-MRC: https://alcurex.org/index.php/crypto/market?pair=csc_mrc

Welcome CasinoCoin.

halibit

One question..
How much is CasinoCoin network tx fee?
Can't find that info ..