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

[GoldSeal]

Originally I wanted to drop the block reward from 50 to 2 a few years back and instead we went to 10. Going to 1 permanently gives us a long tail and kicks out the miners that cannibalize the coin. I think it a move to protect those who have invested in the coin and it also helps helps create some value for our partners that frankly will be the ones that get us to $1 and much higher.

So have you deceided block reward to 1 then?

yeah we already wrote it into the client that we're testing. it's going to happen. the majority of people seem to be behind it.

[GoldSeal]

Originally I wanted to drop the block reward from 50 to 2 a few years back and instead we went to 10. Going to 1 permanently gives us a long tail and kicks out the miners that cannibalize the coin. I think it a move to protect those who have invested in the coin and it also helps helps create some value for our partners that frankly will be the ones that get us to $1 and much higher.

I understand your concerns. I know that probably there is no one so committed to the currency is a huge success, as the developers who put their time without gaining anything in return (well, the information until worth money ... ).
I understand that the partners also have to protect the currency (and automatically their investment) through currency stability, preferably without PUMP AND DUMP.

I think the remedy suggested may be "too strong."

We run the risk of "the patient does not die from the disease, and die of healing ..."

Why not, now reduces to half, until the "PRYPTO" project, and once we get into the project, so then yes,  reward CSC for 2 or 1 ....

The idea of all people, I think it's the same: to protect the currency and the network in which circulates. The only way to get there is what has been different. to many ways....

On the other hand, if the reduction of 10 to 1 is an imposition of the partners, so I think the community should be aware that ... after all affects everyone.

And as for me, blame the AUTO-SELL miners, let me some doubts. After all, from what I know, neither Cryptotopia neither Alcurex has the function "AUTO-SELL" as existed for example in Cryptsy.

I wouldn't worry about a pump and dump. The majority of the coins have been hoarded by long term investors and not by pure short term speculators. The biggest threat we've faced has been the generic scrypt miners that hop on the coin and autosell. After this change, we'll have washed our hands of them for probably 6 months.

A pump and dump is not a very likely scenario. Parasitic miners selling every uptick on low volume is a more likely scenario at least until we put them on their knees, shoot them in the back, and leave them in a ditch. It nothing personal, it's just time for them to go.

[gravitate]

so block reward to 1 cool. Nice. Why not POS?

[ugabuga]

Originally I wanted to drop the block reward from 50 to 2 a few years back and instead we went to 10. Going to 1 permanently gives us a long tail and kicks out the miners that cannibalize the coin. I think it a move to protect those who have invested in the coin and it also helps helps create some value for our partners that frankly will be the ones that get us to $1 and much higher.

I understand your concerns. I know that probably there is no one so committed to the currency is a huge success, as the developers who put their time without gaining anything in return (well, the information until worth money ... ).
I understand that the partners also have to protect the currency (and automatically their investment) through currency stability, preferably without PUMP AND DUMP.

I think the remedy suggested may be "too strong."

We run the risk of "the patient does not die from the disease, and die of healing ..."

Why not, now reduces to half, until the "PRYPTO" project, and once we get into the project, so then yes,  reward CSC for 2 or 1 ....

The idea of all people, I think it's the same: to protect the currency and the network in which circulates. The only way to get there is what has been different. to many ways....

On the other hand, if the reduction of 10 to 1 is an imposition of the partners, so I think the community should be aware that ... after all affects everyone.

And as for me, blame the AUTO-SELL miners, let me some doubts. After all, from what I know, neither Cryptotopia neither Alcurex has the function "AUTO-SELL" as existed for example in Cryptsy.

I wouldn't worry about a pump and dump. The majority of the coins have been hoarded by long term investors and not by pure short term speculators. The biggest threat we've faced has been the generic scrypt miners that hop on the coin and autosell. After this change, we'll have washed our hands of them for probably 6 months.

A pump and dump is not a very likely scenario. Parasitic miners selling every uptick on low volume is a more likely scenario at least until we put them on their knees, shoot them in the back, and leave them in a ditch. It nothing personal, it's just time for them to go.

IT`S WAR...


BTW: what you mean with "we'll have washed our hands of them for probably 6 months."

PS: "Coin reward reduced to 1 CSC on height 1575000" it's a serious thing?? Can i tell these to my friends?

[gravitate]

Buying 50k CSC. Roll up roll up.

[ugabuga]

Buying 50k CSC. Roll up roll up.

you can buy @ALCUREX.COM right now... @ cryptopia its more expensive, i think.

After all, at that stated above, within a some days, the CSC will be much less ...

It will take 10 days to buy the same as buying in one day, from the miners.

[gravitate]

Buying 50k CSC. Roll up roll up.

you can buy @ALCUREX.COM right now... @ cryptopia its more expensive, i think.

After all, at that stated above, within a some days, the CSC will be much less ...

It will take 10 days to buy the same as buying in one day, from the miners.

I couldnt get alcurex to work I am afraid
I had bitcoin there but couldnt buy. Very strange

[ugabuga]

Buying 50k CSC. Roll up roll up.

you can buy @ALCUREX.COM right now... @ cryptopia its more expensive, i think.

After all, at that stated above, within a some days, the CSC will be much less ...

It will take 10 days to buy the same as buying in one day, from the miners.

I couldnt get alcurex to work I am afraid
I had bitcoin there but couldnt buy. Very strange

Yes, very strange... i bought a few CSC yesterday yet, to the wallet of friend mine, and no problems...

you already talked with halibit in chat, or in the chat of live support??

[KickAzzDude]

I couldnt get alcurex to work I am afraid
I had bitcoin there but couldnt buy. Very strange

You using Alcurex.COM?
old site was .org and the new one is working a lot faster and smoother

[casinocoin]

I couldnt get alcurex to work I am afraid
I had bitcoin there but couldnt buy. Very strange

You using Alcurex.COM?
old site was .org and the new one is working a lot faster and smoother

Just updating the website and first post now in case anyone went to .org by accident sorry about that.

[GoldSeal]

Originally I wanted to drop the block reward from 50 to 2 a few years back and instead we went to 10. Going to 1 permanently gives us a long tail and kicks out the miners that cannibalize the coin. I think it a move to protect those who have invested in the coin and it also helps helps create some value for our partners that frankly will be the ones that get us to $1 and much higher.

I understand your concerns. I know that probably there is no one so committed to the currency is a huge success, as the developers who put their time without gaining anything in return (well, the information until worth money ... ).
I understand that the partners also have to protect the currency (and automatically their investment) through currency stability, preferably without PUMP AND DUMP.

I think the remedy suggested may be "too strong."

We run the risk of "the patient does not die from the disease, and die of healing ..."

Why not, now reduces to half, until the "PRYPTO" project, and once we get into the project, so then yes,  reward CSC for 2 or 1 ....

The idea of all people, I think it's the same: to protect the currency and the network in which circulates. The only way to get there is what has been different. to many ways....

On the other hand, if the reduction of 10 to 1 is an imposition of the partners, so I think the community should be aware that ... after all affects everyone.

And as for me, blame the AUTO-SELL miners, let me some doubts. After all, from what I know, neither Cryptotopia neither Alcurex has the function "AUTO-SELL" as existed for example in Cryptsy.

I wouldn't worry about a pump and dump. The majority of the coins have been hoarded by long term investors and not by pure short term speculators. The biggest threat we've faced has been the generic scrypt miners that hop on the coin and autosell. After this change, we'll have washed our hands of them for probably 6 months.

A pump and dump is not a very likely scenario. Parasitic miners selling every uptick on low volume is a more likely scenario at least until we put them on their knees, shoot them in the back, and leave them in a ditch. It nothing personal, it's just time for them to go.

IT`S WAR...


BTW: what you mean with "we'll have washed our hands of them for probably 6 months."

PS: "Coin reward reduced to 1 CSC on height 1575000" it's a serious thing?? Can i tell these to my friends?

they won't be back until the price goes up enough to justify mining again. yeah its a real thing.

[ugabuga]

Originally I wanted to drop the block reward from 50 to 2 a few years back and instead we went to 10. Going to 1 permanently gives us a long tail and kicks out the miners that cannibalize the coin. I think it a move to protect those who have invested in the coin and it also helps helps create some value for our partners that frankly will be the ones that get us to $1 and much higher.

I understand your concerns. I know that probably there is no one so committed to the currency is a huge success, as the developers who put their time without gaining anything in return (well, the information until worth money ... ).
I understand that the partners also have to protect the currency (and automatically their investment) through currency stability, preferably without PUMP AND DUMP.

I think the remedy suggested may be "too strong."

We run the risk of "the patient does not die from the disease, and die of healing ..."

Why not, now reduces to half, until the "PRYPTO" project, and once we get into the project, so then yes,  reward CSC for 2 or 1 ....

The idea of all people, I think it's the same: to protect the currency and the network in which circulates. The only way to get there is what has been different. to many ways....

On the other hand, if the reduction of 10 to 1 is an imposition of the partners, so I think the community should be aware that ... after all affects everyone.

And as for me, blame the AUTO-SELL miners, let me some doubts. After all, from what I know, neither Cryptotopia neither Alcurex has the function "AUTO-SELL" as existed for example in Cryptsy.

I wouldn't worry about a pump and dump. The majority of the coins have been hoarded by long term investors and not by pure short term speculators. The biggest threat we've faced has been the generic scrypt miners that hop on the coin and autosell. After this change, we'll have washed our hands of them for probably 6 months.

A pump and dump is not a very likely scenario. Parasitic miners selling every uptick on low volume is a more likely scenario at least until we put them on their knees, shoot them in the back, and leave them in a ditch. It nothing personal, it's just time for them to go.

IT`S WAR...


BTW: what you mean with "we'll have washed our hands of them for probably 6 months."

PS: "Coin reward reduced to 1 CSC on height 1575000" it's a serious thing?? Can i tell these to my friends?

they won't be back until the price goes up enough to justify mining again. yeah its a real thing.

Okay. I'll tell my friends, soon the CSC will cease to exist at these prices to take advantage as soon as possible.

Thanks for the info.

[CartmanSPC]

Buying 50k CSC. Roll up roll up.

you can buy @ALCUREX.COM right now... @ cryptopia its more expensive, i think.

After all, at that stated above, within a some days, the CSC will be much less ...

It will take 10 days to buy the same as buying in one day, from the miners.

I couldnt get alcurex to work I am afraid
I had bitcoin there but couldnt buy. Very strange

If you are using Edge alcurex.com does not work with it. Try Chrome instead.

[gravitate]

Thanks I will try .com first

[casinocoin]

Interesting with talks of a drop in coin reward you'd think the hashrate would change either positively or negatively but it seems to be stagnating.

[Beachguy]

I'm seeing a network hash rate of just over 2,000 MH.
It's been pretty steady in this range for a while.
That's low to me guys.....and a difficulty of 18 currently.

I fail to see how miners are a problem here.
It was just recently that cryptopia was finally added....finally a more mainstream one.

Just begs the question....What's all the noise?  

Ive read and read and only thing I see is trying to get value to $1 a cSC.

[KickAzzDude]

I'm seeing a network hash rate of just over 2,000 MH.
It's been pretty steady in this range for a while.
That's low to me guys.....and a difficulty of 18 currently.

I fail to see how miners are a problem here.
It was just recently that cryptopia was finally added....finally a more mainstream one.

Just begs the question....What's all the noise? 

Ive read and read and only thing I see is trying to get value to $1 a cSC.

Then you must not have read far back enough, read the posts by GamingCoins

Here made it easier: https://bitcointalk.org/index.php?action=profile;u=553985;sa=showPosts

[Beachguy]

well, bought in late last year, mined a fair amount and seen several false starts on plans for CSC and exchanges that wouldn't take CSC because of the intended us in gaming. About the time of the post you sent me to....I just put my holdings away in the wallet until something good happens.

I really jumped pretty hard on this coin at least for me.

Looks like something is brewing, hope its just a block reduction and not a coin swap 10 for 1....guess we'll see as devs are doing what they want.

an earlier poster may have hit the nail on the head with the "Cure killing the patient' comment.

[ugabuga]

Interesting with talks of a drop in coin reward you'd think the hashrate would change either positively or negatively but it seems to be stagnating.

Do not think so ... The miners, long as they receive to pay for electricity (if the miners already have the Scrypt machine paid ....) they continue to mine.

I doubt that some even follow the forum.

Miners, just have to reach the end of the day, and do the math: the sale value must be greater than the values of the cost.

[ugabuga]

well, bought in late last year, mined a fair amount and seen several false starts on plans for CSC and exchanges that wouldn't take CSC because of the intended us in gaming. About the time of the post you sent me to....I just put my holdings away in the wallet until something good happens.

I really jumped pretty hard on this coin at least for me.

Looks like something is brewing, hope its just a block reduction and not a coin swap 10 for 1....guess we'll see as devs are doing what they want.

an earlier poster may have hit the nail on the head with the "Cure killing the patient' comment.

I never understood this as a gender swap coins, "take 10 CSC, and give-1 CSC"

This only has to do, with the reduction of the reward to the miners.

If until now for each block that you mine and/or you discover, you win 10CSC.

From block No.1575000, each block that you discover you will only win 1CSC instead of 10CSC (as before ...)

You can do the download of the new wallet and see the changes made here: https://github.com/casinocoin/casinocoin/releases (you must follow the instructions and in my case, the wallet only worked well after I uninstall the previous version. DO NOT FORGET TO DO WALLET BACKUP)

and have about 20 days to mine @10CSC/block (based on the number of blocks discovered every 24 hours, in the last days)