we were on cryptocointalk for a while just because thats where discussion was happening. so there are less posts here than probably should be.
interesting, so maybe should join the discussion there but kinda too much work for me any interesting developments there?
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I read back through your posts and like those ideas creating new ways to gamble, it could be integrated throughout.... going further with my idea of a "central bank" (critical for long term mass adoption, so that cards/accounts available to be used by anyone)... the casino could release or help release new currencies (ultra fair launches so people would become long term supporters), get the best developers, and go big, pre-announce all launches, etc... the exchange could have investment funds running bots, people could "bet" (trade) on activity or lend/bet on trading bots/funds, etc, etc... so there would be a crypto banking aspect.... A "Central Bank" is the only way to protect the currency and make it useable for anyone. It could start out as an online website like a VGC paypal to start. but the more focus on security regular people will get interested much faster. The website could transition to a more secure physical location along the lines of a bank(or casino) with actual vaults for cold storage. This will have to be state of the art security with monitored/controlled access, etc. This is why I originally had faith in this coin. with exchanges like Mt. Gox going down and shady things happening at these exchanges, VEGAS would require many rules to be followed and take security very seriously, like casinos and banks do. If this is ever adopted locally at that scale it will have to follow the rules as a business and be transparent and ULTRA secure. with good security and stability will come serious growth.
what would be cool is if these companies/programs like Bitconnect and Control Finance existed that were more transparent and legally(?) committed so that earnings COULD be guaranteed.... this all would only work if we could find ways to HARDCODE WEALTH/GROWTH into the system so anyone investing will earn... and yes this could be done if we consider something like a tax that gets broken up into various ongoing expenses (this could be applied to rewards for gamblers like progressive jackpot bonuses, comps, etc.).... Las Vegas has gambling machines called "MEGABUCKS" which is a Progressive Jackpot and so when those jackpots build up, its on the news and TONS of people (including locals) line up to play.... Its almost like the state lotteries when the jackpot gets big.
That kind of stuff would need people familiar with banking/casinos/gaming machines...
I wont give up hope on this coin. I hear there will be more work done by the devs, when time/economy permits... I am sure with all of these controlling factors, it becomes 100x more important to be cautious and thoughtful when considering any type of update to the client... In the meantime, I will be starting work on my websites and accept VGC, I have done a lot of prep work already but its just a big website...
One other thing is when we reach 100 million coins miners are going to be mining tx fees (i think), so mining is going to be an interesting factor affecting price... you see how much work is involved here, everybody should stop assuming its dead, its trading at Novaexchange now.