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

[casinocoin]

Does bittrex still do the bribe thing to get coins listed? If so, anyone wanna pitch in to get it listed?

They state that they might add a coin for free but can charge up to 3BTC for investigation of the coin: https://bittrex.zendesk.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex
If necessary i am willing to be the Enhanced Verified Account member needed to register and i am willing to donate 0.1 BTC towards the good cause ....

I wanna know about the exchanges too, seen Edgeless on bittrex and they might be adding Roulettecoin which are clearly gambling coins, so I don't see why they wouldn't add CasinoCoin

Bittrex wants 3 BTC for listing.

Ajochems and myself have put up 0.35? which is no where near that amount.
The problem is the bounty has always been 3 BTC and has not changed according to market value so the ~$2500 they wanted for the listing is now ~$6000.

[KickAzzDude]

Yeah that sucks, but I can put up to .5 myself, so just need 1.8 btc more

[casinocoin]

Yeah that sucks, but I can put up to .5 myself, so just need 1.8 btc more

Is there any other reputable exchanges you'd like to see CSC on?
I can try contacting them and offering what bounty we have (ill up mine to make it 1btc)

[edmundduke]

It is time to realize that adding exchange will not change anything unless we get out of this state of nothingness, delays and empty promises. This coin needs some kind of a shift forward in either development or adoption or it will stagnate as it has been for a while now, adding exchanges will not change anything.

I have seen the same thing countless times and the end result is always the same.

[casinocoin]

It is time to realize that adding exchange will not change anything unless we get out of this state of nothingness, delays and empty promises. This coin needs some kind of a shift forward in either development or adoption or it will stagnate as it has been for a while now, adding exchanges will not change anything.
I have seen the same thing countless times and the end result is always the same.

Yeah I agree an exchange will not change the price or adoption but some people may want to liquidate their Casinocoin, and not on Cryptopia because they will only use a mainstream exchange.
There is only so much I can do or say but I still believe in CSC and will hodl. If you want to be updated on progress I would join our slack as any updates will be posted there prior to here.

[KickAzzDude]

Yeah that sucks, but I can put up to .5 myself, so just need 1.8 btc more

Is there any other reputable exchanges you'd like to see CSC on?
I can try contacting them and offering what bounty we have (ill up mine to make it 1btc)

Well Polo wouldn't add it unless volume was high. So Bittrex for now would be good.

Btw any updates on prypto? Checked out their twitter and its just reposting the same thing over and over, the website looks pretty plain.

Also, I remember someone had mentioned some casino software license to be able to integrate CSC into it but if I remember correctly it was $15k. At current BTC price that doesn't seem so much

[ma_da_o]

It is time to realize that adding exchange will not change anything unless we get out of this state of nothingness, delays and empty promises. This coin needs some kind of a shift forward in either development or adoption or it will stagnate as it has been for a while now, adding exchanges will not change anything.

I have seen the same thing countless times and the end result is always the same.

Agreed, no point adding onto exchanges if there is no improvement. What coins really need is value and supporters.

[paulkt]

Hey guys. Can we approach some  bitcoin/altcoin casino and ask them to add casinocoin to their gambling sites. We can give them a bounty of say 1-200k coins. I am willing to donate 100k if this is a option.

[casinocoin]

Hey guys. Can we approach some  bitcoin/altcoin casino and ask them to add casinocoin to their gambling sites. We can give them a bounty of say 1-200k coins. I am willing to donate 100k if this is a option.

Personally I like https://www.crypto-games.net and play there quite often.
We should see about contacting them and some others. I would be willing to donate as well (instead of the exchange)

[paulkt]

Hey guys. Can we approach some  bitcoin/altcoin casino and ask them to add casinocoin to their gambling sites. We can give them a bounty of say 1-200k coins. I am willing to donate 100k if this is a option.

Personally I like https://www.crypto-games.net and play there quite often.
We should see about contacting them and some others. I would be willing to donate as well (instead of the exchange)

I like lukygames.io. I'm playing there at the moment.

[paulkt]

Hey guys. Can we approach some  bitcoin/altcoin casino and ask them to add casinocoin to their gambling sites. We can give them a bounty of say 1-200k coins. I am willing to donate 100k if this is a option.

Personally I like https://www.crypto-games.net and play there quite often.
We should see about contacting them and some others. I would be willing to donate as well (instead of the exchange)

I like lukygames.io. I'm playing there at the moment.

I meant luckygames.io

[barbeq]

Hey guys. Can we approach some  bitcoin/altcoin casino and ask them to add casinocoin to their gambling sites. We can give them a bounty of say 1-200k coins. I am willing to donate 100k if this is a option.

Hahahahaha, after 2 years you guys suddenly wake up to the idea of adoption of CSC by, duh, online casinos?  No shit Sherlock.

Why would an online casino spend >$10k in development and implementation cost to accommodate an obscure unknown coin which is traded on only two minor exchanges with daily volumes in the $100s?

Perhaps 2-3 years ago, there might have been some case for CSC as an alterative to BTC for online gambling, but now that we have ETH and other major altcoins, there is no reason whatsoever for any casino to adopt CSC.

What you are proposing would translate in the real world to walking into a Vegas casino and telling the management:  "Hey in addition to cash you should also accept our obscure and unknown tokens as a form of payment.  Oh yes you will have to build a second payment infrastructure to deal with these magic tokens. No there is no real benefit for you, sorry. But it's great man."

     

[ugabuga]

Hey guys. Can we approach some  bitcoin/altcoin casino and ask them to add casinocoin to their gambling sites. We can give them a bounty of say 1-200k coins. I am willing to donate 100k if this is a option.

Hahahahaha, after 2 years you guys suddenly wake up to the idea of adoption of CSC by, duh, online casinos?  No shit Sherlock.

Why would an online casino spend >$10k in development and implementation cost to accommodate an obscure unknown coin which is traded on only two minor exchanges with daily volumes in the $100s?

Perhaps 2-3 years ago, there might have been some case for CSC as an alterative to BTC for online gambling, but now that we have ETH and other major altcoins, there is no reason whatsoever for any casino to adopt CSC.

What you are proposing would translate in the real world to walking into a Vegas casino and telling the management:  "Hey in addition to cash you should also accept our obscure and unknown tokens as a form of payment.  Oh yes you will have to build a second payment infrastructure to deal with these magic tokens. No there is no real benefit for you, sorry. But it's great man."

    

It may even be that the ideas suggested earlier are not good (but it may even be, only God knows ...).

I just do not understand you.

Supposedly, you're on top of a company that bills millions. You do not have anything else to do, than come try to lie down, who tries to do something, by CSC? (Maybe you have someone doing things for you, and you do not have to be creating anything ... so you must have a lot of time ..)

Supposedly, you have already sold your CSC, so what do you care about the fact that who did not sell, continue to keep and believe in CSC? Do you want to sell the other million? Places 350 or 400 satoshi ... i think someone will do business with you ...

You know, there is a saying that says: No need, who says he knows how to do better. Is needed, is who do best .. (I hope has not lost nothing in translation).

If you do not want some rest of CSC out there, please send it to me. I still dream, that one day CSC will help me improve my life. You will always be helping someone who is reportedly worse off than you are in life.

My words are sincere ... I just pity if something was lost in translation ... English is not even my strong ..

I await your kindness instead of bitter words or contempt ...: CMbK5kASBREidav5R52BGnndFEGc6bpYdz    

[paulkt]

Hey guys. Can we approach some  bitcoin/altcoin casino and ask them to add casinocoin to their gambling sites. We can give them a bounty of say 1-200k coins. I am willing to donate 100k if this is a option.

Hahahahaha, after 2 years you guys suddenly wake up to the idea of adoption of CSC by, duh, online casinos?  No shit Sherlock.

Why would an online casino spend >$10k in development and implementation cost to accommodate an obscure unknown coin which is traded on only two minor exchanges with daily volumes in the $100s?

Perhaps 2-3 years ago, there might have been some case for CSC as an alterative to BTC for online gambling, but now that we have ETH and other major altcoins, there is no reason whatsoever for any casino to adopt CSC.

What you are proposing would translate in the real world to walking into a Vegas casino and telling the management:  "Hey in addition to cash you should also accept our obscure and unknown tokens as a form of payment.  Oh yes you will have to build a second payment infrastructure to deal with these magic tokens. No there is no real benefit for you, sorry. But it's great man."

     

As far as I know, most casinos want more players. They pay millions to their affiliates who refer new players to them every year. Most Casino coin holders are also gamblers themselves who also have BTC and dollars like myself. So the scenario would be like going to a Vegas Casino and ask them if its OK for you to bring a thousand or more of your friends to play at their casino. Not only that, you would also pay them a small sum as a bonus. Its a win win for the casino.

[barbeq]

As far as I know, most casinos want more players. They pay millions to their affiliates who refer new players to them every year. Most Casino coin holders are also gamblers themselves who also have BTC and dollars like myself. So the scenario would be like going to a Vegas Casino and ask them if its OK for you to bring a thousand or more of your friends to play at their casino. Not only that, you would also pay them a small sum as a bonus. Its a win win for the casino.

That would work if there was already a good adoption of CSC and a broad user base poised to gamble with their CSC.  But the CSC holdings are very concentrated and mostly hoardedheld by people with no intention of gambling large amounts; most CSC holders plan to sell their coins one day for BTC and make a profit.

How many players would a casino gain by adopting CSC? Not many I suspect.  And what would the casino want to do with the CSC it gains?  (given the house advantage, the CSC gambled in the casino would gradually end up in the casino's hands).  The casino would have to sell the excess CSC in the market for BTC, thus drepressing the price more.  Adoption by a casino would not generate any new CSC buyers, because players holding BTC can just deposit their BTC directly into the casino.

There is no reason or incentive for casinos to adopt CSC unless there is some value add offered.  A "bounty" of 100k coins is not going to make the slightest difference for a casino.  

Look, Prypto tried to get CSC adopted by casinos by offering value added items such as KYC etc.  It failed.

Now, since you all accuse me of not being constructive, here is an idea how to drive CSC adoption and perhaps its market price:  Open up an online crypto currency casino and then accept CSC alongside other major cryptos but offer special advantages for players who deposit and play with CSC, such as better odds, special jackpots etc.  If the casino can get enough traction and attract enough interest, it would drive players to CSC adoption (so that they can get the CSC exclusive casino benefits), and this would likely drive the CSC price up as new players start buying CSC.   I looked into this possibility about 1 year ago, but I found that a properly licensed crypto casino would cost approx $50-75k to set up plus $1000s in recurring monthly charges, and it is very very hard to drive traffic to new online gambling sites. The risk/reward scenario did not look good, so I was not prepared to make such an investment.  

Another option would be to persuade an established online casino to do the above (offer special CSC incentives) and pay the casino to do so.  They might likely want hard cash rather than what seems to them worthless CSC, but you never know.  Perhaps if some of the CSC multimillionaires (including the Prypto backers) offered a few million CSC to a casino as underwriting for any special jackpot etc. plus covering the implementation costs (in hard cash) of adding CSC as a payment method.

First of all, one of you needs to get off their arse and actually talk to casinos and invest hard cash, rather than posting on a message board that someone else should.
    

[LongAndShort]

@barbeq ideally, what wold you do with this project to find it success.

Please list the 5-10 year plan for it. If you cold please include a risk/benefit rating estimate.

[paulkt]

As far as I know, most casinos want more players. They pay millions to their affiliates who refer new players to them every year. Most Casino coin holders are also gamblers themselves who also have BTC and dollars like myself. So the scenario would be like going to a Vegas Casino and ask them if its OK for you to bring a thousand or more of your friends to play at their casino. Not only that, you would also pay them a small sum as a bonus. Its a win win for the casino.

That would work if there was already a good adoption of CSC and a broad user base poised to gamble with their CSC.  But the CSC holdings are very concentrated and mostly hoardedheld by people with no intention of gambling large amounts; most CSC holders plan to sell their coins one day for BTC and make a profit.

How many players would a casino gain by adopting CSC? Not many I suspect.  And what would the casino want to do with the CSC it gains?  (given the house advantage, the CSC gambled in the casino would gradually end up in the casino's hands).  The casino would have to sell the excess CSC in the market for BTC, thus drepressing the price more.  Adoption by a casino would not generate any new CSC buyers, because players holding BTC can just deposit their BTC directly into the casino.

There is no reason or incentive for casinos to adopt CSC unless there is some value add offered.  A "bounty" of 100k coins is not going to make the slightest difference for a casino.  

Look, Prypto tried to get CSC adopted by casinos by offering value added items such as KYC etc.  It failed.

Now, since you all accuse me of not being constructive, here is an idea how to drive CSC adoption and perhaps its market price:  Open up an online crypto currency casino and then accept CSC alongside other major cryptos but offer special advantages for players who deposit and play with CSC, such as better odds, special jackpots etc.  If the casino can get enough traction and attract enough interest, it would drive players to CSC adoption (so that they can get the CSC exclusive casino benefits), and this would likely drive the CSC price up as new players start buying CSC.   I looked into this possibility about 1 year ago, but I found that a properly licensed crypto casino would cost approx $50-75k to set up plus $1000s in recurring monthly charges, and it is very very hard to drive traffic to new online gambling sites. The risk/reward scenario did not look good, so I was not prepared to make such an investment.  

Another option would be to persuade an established online casino to do the above (offer special CSC incentives) and pay the casino to do so.  They might likely want hard cash rather than what seems to them worthless CSC, but you never know.  Perhaps if some of the CSC multimillionaires (including the Prypto backers) offered a few million CSC to a casino as underwriting for any special jackpot etc. plus covering the implementation costs (in hard cash) of adding CSC as a payment method.

First of all, one of you needs to get off their arse and actually talk to casinos and invest hard cash, rather than posting on a message board that someone else should.
    

Thank you for the constructive reply. I agree with your points.
I still think it doesn't hurt to try out and approach some new altcoin casinos as they always need new players. We need atleast somewhere for casinocoin holders to spend their coins so we have a use for it.
We can also then work on a Casinocoin based casino as you suggested, but this would take some time and energy.

[barbeq]

I still think it doesn't hurt to try out and approach some new altcoin casinos as they always need new players. We need atleast somewhere for casinocoin holders to spend their coins so we have a use for it.

What are you waiting for? How many casinos have you already approached.

Although the notion of "having a place where to spend their coins", doesn't quite work, as I already pointed out.  The CSC would gradually flow into the casinos' hands due to the house advantage and then they would be stuck there, as there is no liquid market for them.

[paulkt]

I still think it doesn't hurt to try out and approach some new altcoin casinos as they always need new players. We need atleast somewhere for casinocoin holders to spend their coins so we have a use for it.

What are you waiting for? How many casinos have you already approached.

Although the notion of "having a place where to spend their coins", doesn't quite work, as I already pointed out.  The CSC would gradually flow into the casinos' hands due to the house advantage and then they would be stuck there, as there is no liquid market for them.

I would like to approach them but I'm just a nobody. Most exchanges and Casinos would only take you more seriously if someone from the dev team approaches them.
When people gamble and loose the CSC, they will buy more to keep on playing. This would keep the demand up.

And once we get accepted at 3-4 Casinos, most exchanges will take us more seriously because there is a use for this coin.
More exchanges also means more demand.

[barbeq]

I would like to approach them but I'm just a nobody. Most exchanges and Casinos would only take you more seriously if someone from the dev team approaches them.
When people gamble and loose the CSC, they will buy more to keep on playing. This would keep the demand up.

It doesn't make any difference who you are, it's what you have to offer.

Just remember, Prypto tried to get CSC to casinos with value adds and it still failed.