i tried today,...seems ok., some 300 players at most, seems like its working project
We currently have over 500 players during peak hours now I believe in large part because of the coin burn program and the fact that it's such a game changer over time.
Visit
https://coinpoker.com/community-contributions to see current monthly burn amount and the amount collected for growing platform/back to players
chp asset is going up due the buyback plan implemented a few months ago (my idea!!) which has seen the platform volume growth grow massively and the user base. With more volume, the amount of CHP burned each month goes up. Over 6.25M coins burned this month (happens today or tomorrow) and 2.1m collected for redistribution to players and for growing the platform and it's user base. I believe they are going to up the community rake rate to 1.5% or 2% vs 1% right now which would increase the monthly burn rates by 50%-100% from the current 6.25-6.5M this month. They burned 4M the previous month and roughly 2M the month before that representing massive month-over-month growth in player volume. There are also a lot more players regularly playing on the site especially during peak hours, every day. Thee market cap is up over 1M since my buy recommendation (after I recommended this buyback plan to CHP management) somewhere on bitcointalk.
If they do raise to 1.5 or 2% they will likely offer a nice rakeback program so that not only the top 50 players on the leaderboard can win rewards for playing cash games. It's hardly noticeable 1% rake even now (it has a max of 2 BB rake/hand for most tables except for very high stakes) and 25% goes back to players with 75% burned. So if they do up it to 2% that would mean over 12.5M burned per month at current rates and the platform only continues to grow.
In 2 years there will hardly be any CHP outstanding (should be under 120M or even less vs over 300M but after the burn today will be roughly 297M outstanding...) assuming players continue to play on the site (visit
https://coinpoker.com/community-contributions to see current monthly burn amount and the amount collected for growing platform/back to players,)
How can ~500 players during peak hours considered "massive"? Joke really and I dont mean to offend you personally...
You don't offend me. No worries, it's not even my project but even if it was that wouldn't bother me, TBH.
However, 500 players honestly is pretty massive when you consider there were around 100 or maybe 200 on a good day just last month. If we have 1000 players in 6 more months since the start of the new community contribution burn programs to vault the price upwards over time, well, that would be pretty great growth in my opinion.
By the way guys... as you can see from the chart (see link or coinmarketcap) the price has struggled lately but that being said, it clearly really wants to make a comeback.... it's just a bit volatile.
https://www.kucoin.com/trade#/trade.pro/CHP-BTCor
https://www.kucoin.com/trade#/trade.pro/CHP-ETHor on Hitbtc.com ... Or just download the crypto-Poker client and deposit BTC or ETH which is easier.
https://www.coinpoker.com/Current monthly burn and community contribution count/rate:
https://www.coinpoker.com/community-contributionsAll this crypto-poker-guy really needs is a bit of support from the community. With a bit of real buyer support it would clearly set some new growth records. It's also obvious that any real buyers would clearly get the assistance of both the regular trading bot and likely the market as a whole, mostly waiting and watching. The point is that the market will get behind a real buyer, I've tested it myself. Get in now, grab up some chips and then for all I care... sell on the recover if you want ... it's better than not having the support needed for a real legit working project. Or of course, better yet... hold CHP even longer like me and assume the regular burns of 6M per month will make your investment worth more money. It certainly should considering players continue to frequent the platform regularly. If the player volume stops then certainly beware, perhaps then I would sell but as long as people are playing then coins are being burned and funds are being allocated to attracting players ... which burns more coins ... which attracts more players... which burns more coins... I think you get the picture. The program has already borne fruit in just a single month to the tune of 50-100%+ growth month over month in player volume and until recently a gigantic increase in the market cap. We are starting to see a recovery now, though so don't wait too long or the price will probably have recovered. Someone has to care about fundamentals around here.
Come join us, players! Come join us, investors and supports of real blockchain products that are functioning but with a depressed asset price! Even if you are broke, download the client get your free $8 and then join the regular $20 freerolls or real money games and lets play baby! I'm not even gonna link my referral link ( a new promotion) so you know I'm being real!
There are, obviously, many of us playing on there every day for many hours and we would love your support as a player or investor.