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Topic: [BRK] Breakout Chain | Coin Sale Complete | Multicurrencies | Gaming + eSports - page 203. (Read 318555 times)

hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
according to the spreadsheet, 1st place for the twitter/FB tournament gets 200 BRK which will be given on august 1. can anyone confirm that the poker site will pay 200 BRK coins guaranteed even if the price of BRK becomes higher? thanks
legendary
Activity: 1279
Merit: 1018
Hey guys, I have a question about the cashier in the poker client. Are "br chip(s)" the same as BRK?

I assume that we will be able to deposit and withdrawal BRK from poker client after July 7th?
No. The chips are used to buy into the BRK free roll tournaments. They are play money chips only

Great, thanks. Is there a list of the tourneys that only payout in BRK? Is it just the "BRK Coin Tournament" that pays out BRK?

https://docs.google.com/spreadsheets/d/1rwsvSEeMyGWQXCHyo5LHkOhn0EcOLcmiPfBOEtqQJQA/edit#gid=84183134
sr. member
Activity: 383
Merit: 250
Hey guys, I have a question about the cashier in the poker client. Are "br chip(s)" the same as BRK?

I assume that we will be able to deposit and withdrawal BRK from poker client after July 7th?
No. The chips are used to buy into the BRK free roll tournaments. They are play money chips only

Great, thanks. Is there a list of the tourneys that only payout in BRK? Is it just the "BRK Coin Tournament" that pays out BRK?
member
Activity: 108
Merit: 10
Hey guys, I have a question about the cashier in the poker client. Are "br chip(s)" the same as BRK?

I assume that we will be able to deposit and withdrawal BRK from poker client after July 7th?
No. The chips are used to buy into the BRK free roll tournaments. They are play money chips only
legendary
Activity: 1279
Merit: 1018
Within week 1 already raised 346 btc ? this is interesting, i may also invest few in this. But how those price per BRK is fixed any fiat backed or bitcoin backed for this coin or it is just random value  Huh

Well BRK price is not fixed as it will trade on Bittrex, but I was wondering also if a poker player deposits $100 on the site and its converted to say 1000 BRK in order to play. If he loses noting and then comes back a week later to cash out and his 1000 BRK is only worth $50 or $150??

He will have the same amount of BRK from day to day.  But conversion to another currency is another story.  Just like if you cash out btc to make a deposit on pokerstars.  If you want to withdraw your USD and go back into btc, you may not end up with the same amount of btc you started with.  It will depend on that day's BTC price.



Tks for that. Makes sense.

Will Breakout be buying BRK on the open market to facilitate converting fiat deposits to BRK on the site?

The gaming side will have to have full reserve of all deposits in BRK to eliminate exposure to the markets.  If player A deposited $100 from using Skrill and the site credits him with $100 of BRK they don't have, what happens if BRK doubles in price the next day?  Now player A want to withdraw his BRK, the site loses $100.

However when Player A deposits $100, if the site immediately buys $100 of BRK, even if BRK went up 10x the next day, the site breaks even.



Yea thats what I mean. When a player deposits fiat. The site buys BRK on the market and of course sells BRK as players withdraws. Is this done automatically or handled manually? I guess you would also need some sort of ticker showing the BRK/$ value on the site too.
sr. member
Activity: 383
Merit: 250
Hey guys, I have a question about the cashier in the poker client. Are "br chip(s)" the same as BRK?

I assume that we will be able to deposit and withdrawal BRK from poker client after July 7th?
hero member
Activity: 574
Merit: 500
I make signature can you check is ok?Thanks

I think ur only allowed to have the breakout coin signature. U need to remove the rest.
sr. member
Activity: 252
Merit: 250
Within week 1 already raised 346 btc ? this is interesting, i may also invest few in this. But how those price per BRK is fixed any fiat backed or bitcoin backed for this coin or it is just random value  Huh

Well BRK price is not fixed as it will trade on Bittrex, but I was wondering also if a poker player deposits $100 on the site and its converted to say 1000 BRK in order to play. If he loses noting and then comes back a week later to cash out and his 1000 BRK is only worth $50 or $150??

He will have the same amount of BRK from day to day.  But conversion to another currency is another story.  Just like if you cash out btc to make a deposit on pokerstars.  If you want to withdraw your USD and go back into btc, you may not end up with the same amount of btc you started with.  It will depend on that day's BTC price.



Tks for that. Makes sense.

Will Breakout be buying BRK on the open market to facilitate converting fiat deposits to BRK on the site?

The gaming side will have to have full reserve of all deposits in BRK to eliminate exposure to the markets.  If player A deposited $100 from using Skrill and the site credits him with $100 of BRK they don't have, what happens if BRK doubles in price the next day?  Now player A want to withdraw his BRK, the site loses $100.

However when Player A deposits $100, if the site immediately buys $100 of BRK, even if BRK went up 10x the next day, the site breaks even.
hero member
Activity: 1974
Merit: 592
I make signature can you check is ok?Thanks
legendary
Activity: 1279
Merit: 1018
Within week 1 already raised 346 btc ? this is interesting, i may also invest few in this. But how those price per BRK is fixed any fiat backed or bitcoin backed for this coin or it is just random value  Huh

Well BRK price is not fixed as it will trade on Bittrex, but I was wondering also if a poker player deposits $100 on the site and its converted to say 1000 BRK in order to play. If he loses noting and then comes back a week later to cash out and his 1000 BRK is only worth $50 or $150??

He will have the same amount of BRK from day to day.  But conversion to another currency is another story.  Just like if you cash out btc to make a deposit on pokerstars.  If you want to withdraw your USD and go back into btc, you may not end up with the same amount of btc you started with.  It will depend on that day's BTC price.



Tks for that. Makes sense.

Will Breakout be buying BRK on the open market to facilitate converting fiat deposits to BRK on the site?
hero member
Activity: 980
Merit: 500
Oh my god RISE has taken more BTC than this. DAMN. Thats not a good sign. I personally would have bought a lot more if I didnt miss the 25% But as I did I only got 0.2 BTC. My usual ICO is 10 BTC plus. But with out the 25% it aint worth the risk.


Congratulations to RISE and thank you for your support.  In all fairness, our coin sale started Jun 13th...
hero member
Activity: 980
Merit: 500
Good evening, Please Can anyone tell me where the pool of mining? I cant find  I am very confused about it

There is no pool yet...  This allows more mining time for the regular folks
sr. member
Activity: 324
Merit: 251
Good evening, Please Can anyone tell me where the pool of mining? I cant find  I am very confused about it
hero member
Activity: 980
Merit: 500


Poker Freerolls ! Join us to win BRK!


how and when do you get BRK when you win freerolls that have brk as reward?

Should be distributed after coin sale is over
legendary
Activity: 1232
Merit: 1000
Really interesting this. These kind of video's build trust among investors and users. Well done James.
sr. member
Activity: 252
Merit: 250
Huck won the WSOP main event in '96 and has been following crypto for quite a while.
hero member
Activity: 980
Merit: 500
just invested. exciting times.  I was glad to see Huck Seed involved as well as other Poker Pros.  But especially Huck...if you follow him on poker, he is a genius....check out his youtube of him talking about BRK...he is on it!!

He is a genius!!!


Interview with Brand Ambassador Huck Seed



Earnings approaching 8 million dollars
4 time WSOP bracelet winner
hero member
Activity: 574
Merit: 500
@ofortuna,

@brother3,

Hello guys do you need a Portuguese translation? you can check that i have made several translations, you won't be disappointed.
 Wink
sr. member
Activity: 276
Merit: 250


Poker Freerolls ! Join us to win BRK!


how and when do you get BRK when you win freerolls that have brk as reward?
hero member
Activity: 494
Merit: 500
just invested. exciting times.  I was glad to see Huck Seed involved as well as other Poker Pros.  But especially Huck...if you follow him on poker, he is a genius....check out his youtube of him talking about BRK...he is on it!!
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