Topic: [ANN] GME | GameCoin - Unofficial fork and Windows QT Client. - page 5. (Read 23820 times)

I am open for a trade for currency that is currently trading, i.e. BQC or another alt coin. I have 100K of GME for the right price I can trade to another currency. (9,000 BQC OBO?)

-PoolMinor

-Edited for less ambiguity

Oh I'm a small piece of the big puzzle.  All the active posters here have put a lot of faith and effort into getting this bird back in the air, I'm just a delegator that tries to keep everyone on the same page.
I'm as broke as broke can be, so I just contribute what time I can here and there.  The big round of applause goes to pretty much everyone else.

Yeah, it's understood miners want to see their value.  The only issue is that GameCoin might not be a short-term investment coin.  It may only pay off (if at all) for the few that devote time and resources into it to actually build it into something outside the alt-coin pump-and-dump standard.  I totally understand your frustration though, it sucks putting a bunch of work, effort, and resources that could have been spent elsewhere on something and then waiting for results.  I'm open to suggestions on some sort of incentive or relief for miners because you guys are carrying this coin right now.

I do think we need at the very least GameCoin to be updated on the list, because it's obvious that it hasn't been updated since initial release, and the GameCoin team, community, and mission (or lack thereof) was entirely different.  Personally i feel the thread is not giving this small little sub-community the credit it is due for the monumental (and somewhat uncommon) feat of reviving a 51%'ed coin that didn't have much to offer on the front.

The original GameCoin just may have been the laziest release this place has seen.  But since things changed around here, you guys might be the hardest-working folks here

It's great to see you have intentions to take this coin forward jayo. I hope you'll succeed. If you need any help, let us know!
I myself do not have the money or the skills to lift this coin up

Things could be worse Bytecoin has only 1800 more blocks till the difficulty change, or 2 years  .

I also think if we want more interest we could have xorxor update their post on "the list" https://bitcointalksearch.org/topic/list-of-all-cryptocoins-134179

Alas this may bring more skeptical hash hounds that might not have the same opinion as to where this coin belongs.

I need to personally go where the money is to pay the power bill, at least 8 hours out of the day, leaving me limited hours to support this coin. I only have about 3% of the total GME in existence, sure I want more but I may have already dug myself into a hole trying to justify daily support.

I need value soon, I am not trying to dump when it sees an exchange just trying to see some of my work paid off.

-PoolMinor

That's called an unstable hashrate. All small coins have them, not all of them are using a difficulty algorithm as speedy as this.  We've improved the situation to better weather the storm, but no solution is invincible.

This isn't a mining-based coin.  So trying to promote it in it's own right and its immediate value to miners is pointless because it has none.  It's sort of a catch-22 because we need to keep the hashpower providers interested long enough to generate interest for the coin's actual purpose, which will give the coin value, which will produce mining interest.  Right now our real problem is that mining interest is produced by low difficulties (something that by nature is fleeting).  So we need stable interest to obtain stable hashpower.

I am glad to hear that you will be around everyday to save us from this horrible issue we have every few days.

Thanks

0.21 is not that hard for someone with a few GPU's to throw at it. Unfortunately the core GameCoin supporters tend to have less hash power to throw at it. I'll stick my hashes onto it to get us to the next diff adjust and jump off it again when the difficulty goes down.

My theory is that "Coin" has stuck partly because of laziness, partly to try and snag some brand recognition from BitCoin, and partially because when you think "Coin" you think money, something that has real value.  Th eonly reason I'd want to shy away from "token" is that by definition a token meant to be valueless stand-in for money.

To be blunt, "Coin" is sexy.

Though I'd be totally down to just start calling this coin GP, as a nod to classic RPGs or something like that.

Would it be that absurd to simply change the name of this coin?

Something along the lines of GameTokens? No idea why the entire community continued the "coin" craze when it comes to naming schemes.

We could do a small brainstorm get a few names, then hold a poll to vote on one of them.

Not likely.  The copyright says 2011 and the whole thing seems like an obvious and not-so-successful moneygrab.  We can still hold brand integrity over it since it was never well-known

I have stated this before and I am not sure if I was heard but here it is again.


http://www.gamecoins.com/


Will this site have a negative impact on this coin since it has been established well before this coin was introduced?

Well, the problem is right now a large majority of the coins are held by a relative few.  That makes demand pretty low.  The only way we can establish and hold a 0.10 valuation would be to try and throttle mainstream offloading of coins by big holders (ie "cashing out"), as this decreases demand and lowers value further, as it shows weak support for the coin.

Trying to offload almost exclusively to game developers/service providers, however actually increases demand for the coin because it shows bigger outside interests wanting in.

So I guess the short answer to your question is no, I haven't seen anyone willing to sell things with serious cash value at that valuation any time soon.  But that's not the direction we're aiming for.

Can i sell my gamecoins for giftcards now? Like walmart or whatever to buy games with. That would be cool, getting a few gamecoins here.. would be interested in $0.10 valuation.

some nice ideas here. I will be watching this one 

I was actually cnsidering writing guidelines to some similar effect, imposing guidelines to keep the coin level and stable.

(possbily) Bad news for miners, these would include pretty tight daily deposit allowances in games to allow for fairer play (Nobody will want to play a game when a select few have nearly unlimited funds, and gave developers won't want to accept a currency that would allow that kind of discord in thier games).

If all of these guidelines are met, a game/app/platform will be designated as "GameCoin Approved", and may be featured/promoted by GameCoin, may possibly qualify for a small stipend to get the ball rolling (if the game offers GME as in-game rewards, which will also follow guidelines for approval)

Of Course, GameCoin will always be open-source, so people that don't care about approval don't need to bother, they just miss out on the benefits/trust that comes with it.  It would still be suggested that all developers follow the guidelines regardless to ensure a stable value for the coin, which really benefits us all in the end.

Also, I was thinking of a price more in the range of $0.10/GME.  People forget that GameCoins can be broken down into a lot of very tiny units.  It would probably be suggested that the standard in-game "unit" for rewards be around 0.0001 GME or less (a single "unit" would be equivalent to one basic unit of in-game currency in value (Coins, Gold, GP, etc)).  Remember Approved games would enforce deposit limits to prevent the games from being abused by early adopters of the coin (which actually hurts the coin's value and all of our wallets).

If we went through this we would likely politely ask that exchanges not adopt GameCoin at this time (to prevent mass abuse of the GameCoin System before the target price is solidified, devaluing the coin).  A proper exchange would be launched where miners could list thier coins for cash purchase by game developers/content producers, at prices a little more towards the target price.  But, as I said before, GameCoin is open source and all of these things would be suggestions, and ultimately the masses have control.

Would it be out of the question to impose a value of 1000 GME equals $1 at the box office for say a sporting event? For instance I could set up a ticket box office with a standing buy order of $10 for 10,000 GME for people that want to purchase tickets to the local NBA or MLS events. Of course applying this value to the coin would deplete my actual $$ in a matter of hours. I think there needs to be a local value set before we can achieve a global value.

I don't think it's out of the box thinking at all.  It's just looking at everything from an elementary level.  Most coins were created on the basis of making money, so thier primary interest would be an exchange.  This coin was revived because the name could lead to come cool applications, so the real value (and where the coin will obtain the best price) is by making it available to the masses, and having places that actually accept it as some form of money (in-game or otherwise).  This is a coin, it's purpose is to be used as a medium of exchange for goods and services, not just as a raw commodity.

This may be outside of the box thinking, but does this coin have to be promoted to one particular use of the word "game?" Perhaps someone could allow this coin to be marketed for Big Game (fishing, hunting, etc.). I do not have an interest in these things but perhaps someone here does.  

I think an exchange is an easy way out and a march to a slow death.  This isn't a quick cash out, pump-and-dump going.  This coin's backed by an actual idea and a plan now.
Getting listed on an exchange would get interest faster, bas as all other alts it would fizzle and poof.  The real trick to building interest is to get small casual games accepting GameCoin, GME giveaways and incentives that are game-oriented, maybe auctioning off some Steam codes for GME.  Give it some Game-based value rather than market-maniuplating, pump-and-dump, flavour of the week garbage.

Don't worry guys, I'm not just spewing hot air, I've got some pretty cool things on the Horizon to make it super easy for developers to accept GameCoin payments, and I'm n talks with a couple local devs.