[ANN][CHA] Chancecoin, SuperNET core coin for betting in a decentralized casino - page 30.

TwinWinNerD

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CEO Bitpanda.com

Quote from: TwinWinNerD on June 11, 2014, 09:32:01 AM

WTB 5000-15000 CHA. PM me offers!

I hope I can get this order filled before the price rises. I will spend a lot of time promoting CHA if I can accumulate a big stack. So if you hold many CHA you might consider selling me some, so that I promote CHA and help increase the price for ALL your coins Wink

TwinWinNerD

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CEO Bitpanda.com

Quote from: peled1986 on June 11, 2014, 10:03:32 AM

Quote from: peled1986 on June 11, 2014, 03:52:17 AM

I trust TwinWinNerD for this position (he is all ready a treasurer for qora and nxt)
what do you guys think?
@TwinWinNerD would you accept this role?

TwinWinNerD please respond - it is important we start collecting cha for bounties.

Yes I can do that. I can post an address signed with my main address.

But I want to cold store the address, so I need a way to check the balance without importing the key. How does that work?

peled1986

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Quote from: peled1986 on June 11, 2014, 03:52:17 AM

I trust TwinWinNerD for this position (he is all ready a treasurer for qora and nxt)
what do you guys think?
@TwinWinNerD would you accept this role?

TwinWinNerD please respond - it is important we start collecting cha for bounties.

TwinWinNerD

legendary

Activity: 1680

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CEO Bitpanda.com

WTB 5000 CHA. PM me offers!

mightname

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yoyo2

newbie

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maybe dev will solve these problems。 Cool

Spratan

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Quote from: peled1986 on June 11, 2014, 05:05:15 AM

Quote from: Spratan on June 11, 2014, 04:50:33 AM

- Being in the TOP 10 coins is the best marketing tool for the casino. Chancecoin is a business, not only a coin, so it is not about speculation but success as the first decentralized casino.

I agree but I don't support market manipulation.
The hard way might take longer but it will be much more rewarding when we get there.

Quote from: Venetian on May 24, 2014, 09:45:02 PM

This makes sense but we want to be completely ethical and let the natural market forces determine where the price equilibrium should be. People who placed offers to sell at low prices do so because they want to make a quick profit. To us this price level actually makes a good opportunity for us to buy another few thousand CHA's. We are planning to add more betting types in the upcoming months, and we believe that we are well-positioned to be the #1 coin in the bitcoin gambling space.

Ok I understand.

Perhaps we can add that the slight difference is we are shareholders of this casino / poker games.
It is not manipulation when main shareholders in companies meet, discuss, promote, share news and tend to make their companies successful with a form of organisation.

Vendettacoin

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great to hear from you.

peled1986

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Quote from: superresistant on June 11, 2014, 05:12:15 AM

Right. Unless I'm wrong, we cannot do much about the BTC blockchain.
For the NY Lottery Quick Draw numbers, we can use an other lottery that drawn numbers faster that every four minutes.

Quote from: superresistant on May 06, 2014, 09:19:51 AM

Quote from: nakaone on May 06, 2014, 08:34:00 AM

I am not a programmer but from a logical point: can't we get unconfirmed bets which are in bulks being implemented in the blockchain (saving a. fees and b. speeding up the game? - maybe a kind of a semi-decentralized solution?

Good idea. I wonder if it is possible.

I wonder what the Devs think about unconfirmed bets / a semi-decentralized solution?
does anyone know other lottery that drawn numbers faster that every four minutes?

superresistant

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Quote from: peled1986 on June 11, 2014, 05:05:15 AM

Quote from: Spratan on June 11, 2014, 04:50:33 AM

- Being in the TOP 10 coins is the best marketing tool for the casino. Chancecoin is a business, not only a coin, so it is not about speculation but success as the first decentralized casino.

I agree but I don't support market manipulation.
The hard way might take longer but it will be much more rewarding when we get there.

Quote from: Venetian on May 24, 2014, 09:45:02 PM

This makes sense but we want to be completely ethical and let the natural market forces determine where the price equilibrium should be. People who placed offers to sell at low prices do so because they want to make a quick profit. To us this price level actually makes a good opportunity for us to buy another few thousand CHA's. We are planning to add more betting types in the upcoming months, and we believe that we are well-positioned to be the #1 coin in the bitcoin gambling space.

I have to add that Chancecoin doesn't need any market manipulation to increase in value compared to most of altcoins because the quantity of CHA is decreasing with time.
The minimum Chancecoin must do is to keep the same base users (players) and investors.

Of course we'll do more than the minimum Wink

EDIT :

Quote from: peled1986 on June 11, 2014, 04:18:58 AM

Quote from: superresistant on June 11, 2014, 04:14:57 AM

Quote from: peled1986 on June 11, 2014, 04:12:53 AM

(1) slow speed of bets - Bets are usually resolved in 2 blocks. - are the Devs working for a solution to this?
does anyone have a solution for point number 1?

What are all the parameters that affect the speed of bets ?

Randomness
"Chancecoin uses New York Lottery Quick Draw numbers to resolve bets. Quick Draw numbers are drawn every four minutes, every day of the week (with the exception of 3:25am to 4:00am EST daily). The numbers are published online shortly after they are drawn. The drawing selects 20 numbers randomly from a pool of numbers 1 through 80, without replacement. A bet seen in the blockchain will be resolved with the next available set of Quick Draw numbers. Since Chancecoin uses the next available set of Quick Draw numbers after a block has been mined to resolve any bets in the block, it is impossible for Bitcoin miners or anyone else to control the outcomes of bets." (link: http://chancecoin.com/technical)
parameters :
1. New York Lottery Quick Draw numbers
2. btc blockchain
(p.s: I am not tecky)

Right. Unless I'm wrong, we cannot do much about the BTC blockchain.
For the NY Lottery Quick Draw numbers, we can use an other lottery that drawn numbers faster that every four minutes.

peled1986

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Activity: 882

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Quote from: Spratan on June 11, 2014, 04:50:33 AM

- Being in the TOP 10 coins is the best marketing tool for the casino. Chancecoin is a business, not only a coin, so it is not about speculation but success as the first decentralized casino.

I agree but I don't support market manipulation.
The hard way might take longer but it will be much more rewarding when we get there.

Quote from: Venetian on May 24, 2014, 09:45:02 PM

This makes sense but we want to be completely ethical and let the natural market forces determine where the price equilibrium should be. People who placed offers to sell at low prices do so because they want to make a quick profit. To us this price level actually makes a good opportunity for us to buy another few thousand CHA's. We are planning to add more betting types in the upcoming months, and we believe that we are well-positioned to be the #1 coin in the bitcoin gambling space.

Spratan

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SyRenity

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Quote from: superresistant on June 11, 2014, 02:08:40 AM

I've been intensively following and participating in Nxt at the beginning.
It is now the 3rd most successful crypto in the world and should reach 2nd place soon.
...
I am not saying that we need this kind of organisation right now but we definitely need to aim for it in a near future.
We should start with talking right here and discuss ideas. When we start to disagree, we should put things on vote on separate threads.

Awesome post man, I truly agree.

peled1986

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Quote from: superresistant on June 11, 2014, 04:14:57 AM

Quote from: peled1986 on June 11, 2014, 04:12:53 AM

(1) slow speed of bets - Bets are usually resolved in 2 blocks. - are the Devs working for a solution to this?
does anyone have a solution for point number 1?

What are all the parameters that affect the speed of bets ?

Randomness
"Chancecoin uses New York Lottery Quick Draw numbers to resolve bets. Quick Draw numbers are drawn every four minutes, every day of the week (with the exception of 3:25am to 4:00am EST daily). The numbers are published online shortly after they are drawn. The drawing selects 20 numbers randomly from a pool of numbers 1 through 80, without replacement. A bet seen in the blockchain will be resolved with the next available set of Quick Draw numbers. Since Chancecoin uses the next available set of Quick Draw numbers after a block has been mined to resolve any bets in the block, it is impossible for Bitcoin miners or anyone else to control the outcomes of bets." (link: http://chancecoin.com/technical)

parameters :
1. New York Lottery Quick Draw numbers
2. btc blockchain

(p.s: I am not tecky)

superresistant

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Quote from: peled1986 on June 11, 2014, 04:12:53 AM

(1) slow speed of bets - Bets are usually resolved in 2 blocks. - are the Devs working for a solution to this?
does anyone have a solution for point number 1?

What are all the parameters that affect the speed of bets ?

peled1986

legendary

Activity: 882

Merit: 1002

The 2 biggest problems i see with user (gambler) growth of Chancecoin are still:

(1) slow speed of bets - Bets are usually resolved in 2 blocks. - are the Devs working for a solution to this?
(2) amount of bets a gambler can do per block - are the Devs working for a solution to this? (can be solved like in counterwallet)

does anyone have a solution for point number 1?

peled1986

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Merit: 1002

Quote from: superresistant on June 11, 2014, 03:24:15 AM

Bitcointalk signature campaign

The signature campaign is a quick and effective way of promoting Chancecoin. Most Bitcoin casino promote that way.
They even make "paid signature campaign" so a lot more people adopt the signature and increase the efficiency of the ad campaign but it has a cost. What do you think ?\

I really like "paid signature campaign" - I PM agran (he made something like this for qora: https://bitcointalksearch.org/topic/qora-giveaway-2nd-gen-new-source-thousands-of-coins-for-everyone-623943) does anyone know any other programmer that can do this (for bounty of course)

Quote from: superresistant on June 11, 2014, 03:24:15 AM

Faucet
It is a good idea only if it is not abused by some people to get money. We must find a way to check the legitimacy of people using the faucet.

I am not too worried about abuse, faucet usually gives a very small amount - it's more to let people test the gamble functions easily - I PM agran (he made something like this for qora: http://coinia.net/qora/faucet.php) does anyone know any other programmer that can do this (for bounty of course).

I even think it would be better if it was built in side the CHA wallet like in https://primedice.com/index.php. - @Devs what do you think about this?

Quote from: superresistant on June 11, 2014, 03:24:15 AM

Promoter/marketer position
We are going to start with the signature campaign and faucet. When more people will get on Chancecoin, we'll find that some people are more invested than others.

This is very importent. We need someone to set-up and actively add content on reddit + twitter + facebook.
We also need a bounty program for writing articles about chancecoin (short ones for blogs like http://www.cryptoarticles.com/) and more economical articles about decentralized casino potential for big web sites like coindesk, Forbes, New York Times etc)

Quote from: superresistant on June 11, 2014, 03:24:15 AM

Chancecoin funds
We need to start thinking about it now. We need someone with high trust to keep the funds (or an other way ?) and some people to decide what will it be used for.

I trust TwinWinNerD for this position (he is all ready a treasurer for qora and nxt)
what do you guys think?
@TwinWinNerD would you accept this role?

superresistant

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Merit: 1131

Let's start expressing opinion on different points.

New single-player casino games
Sports betting
Stock price betting

Great. This is exactly what most people wanted. I hope these new functions will be tested enough so it cannot be cheated.

Bitcointalk signature campaign

The signature campaign is a quick and effective way of promoting Chancecoin. Most Bitcoin casino promote that way.
They even make "paid signature campaign" so a lot more people adopt the signature and increase the efficiency of the ad campaign but it has a cost. What do you think ?

Faucet

It is a good idea only if it is not abused by some people to get money. We must find a way to check the legitimacy of people using the faucet.

Promoter/marketer position

We are going to start with the signature campaign and faucet. When more people will get on Chancecoin, we'll find that some people are more invested than others.

Chancecoin funds

We need to start thinking about it now. We need someone with high trust to keep the funds (or an other way ?) and some people to decide what will it be used for.

peled1986

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Quote from: superresistant on June 11, 2014, 02:08:40 AM

We should start with talking right here and discuss ideas.

You have a lot of experience - any ideas to contribute?
We need some more leadership and active members in the chancecoin community – are you interested in such a role?

provenceday

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great!

Topic: [ANN][CHA] Chancecoin, SuperNET core coin for betting in a decentralized casino - page 30. (Read 146164 times)