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Topic: Crypto Kingdom - 1991 Retro Virtual World(City) - page 168. (Read 632693 times)

sr. member
Activity: 453
Merit: 500
hello world
sorry but how can i trade? i allready have moneritos and gold too
sr. member
Activity: 327
Merit: 250
It is exciting to note that the official unit of wealth (CKG, or Crypto Kingdom Gold) in Crypto Kingdom hit an ATH of 758,000 moneritos (0.758 XMR) just now!

We are on our way to parity with XMR!!
donator
Activity: 1722
Merit: 1036


Gold price since the beginning in XMR,BTC,USD,EUR

[data is on Character DB / gold_history tab]

Our beloved gold is behaving like a cryptocurrency pricewise. Abrupt multiplications of price are followed by flashcrashes and then new base prices at higher levels. Interesting to see how the launch of V.4 affects the pattern now as we already have a 24/7 ingame exchange for gold, and Poloniex is still on track to open theirs after V.4 is playable online.

Despite a new record price in moneretos (570k), we are still long behind the ATH in bitcoins, and barely above the initial October-2014 spike in fiat terms.
donator
Activity: 1722
Merit: 1036
11 separate gold buys by different characters since the new 24/7 coinshop was announced less than 24 hours ago...

 Shocked

One does not simply sell gold.

The following has been sent to 800 of my wealth management clients (translation is funny, yeah)
Quote
Now Silvervaultin killing operations are now under way and alkuhässäkästä have been overcome, it is time to think about a sequel. My professional interest in money and wealth management point has led to the 2005 decision to buy gold, 2006 silver (when I founded the placement of the first asset management company to silver facilitate, later in 2008 I started the quotations in Finland, 2009, EIH's that got removed from the VAT burden and 2010 Silver Bank), 2011 Bitcoins and 2014 monero. Hindsight we can say that we'd all be a lot richer if I had made the transition to the active silver Bitcoin already in 2011, and instead arranged for operating Silvervaultin you, dear customers, services, and opportunities to invest Bitcoin, and trade in them. In spring 2011, when the price of silver peaked and Silvervaultilla went well, Bitcoins received $ 1 each. Now the silver has fallen by 70%, and Bitcoin pay 300 USD.

I do not want to make the same mistake with monero. Monero (XMR) is cryptocurrency as Bitcoin (BTC). It is used in exactly the same way, ie through the accounts "purses", which can receive or have to send monero. Transfers pay only a few cents and go to your destination within minutes. The stock exchanges in active trading, which determines the rate of exchange in relation to Bitcoin, and thus in relation to any currency (because Bitcoin active trading in relation to currencies).

In order for any new cryptocurrency have a chance to rise in parallel with Bitcoin, it must provide a significant improvement, which is not upgradable with Bitcoin. Monero it is privacy: unlike Bitcoin, account balances, transfer amounts, senders and recipients are private. Bitcoin address disclosure (for example, the person from whom you expect performance) at the same time reveal all past and future events that are linked to the question. account. Monero it is not, but all transactions are only the account holder's knowledge. In ordinary bank accounts (or, for example Silvervaultissa) some people do not know balances, but the bank knows, and there is always the risk that the funds are frozen, because banks can not disobey the orders of public authorities. Monero can not freeze, because there is no "bank"; a system rotates on a peer to peer.

My vision placement of assets in these uncertain times is such that no object is not sure, but every asset, there are risks and developments, in which case the value of the collapse, or it becomes unusable, or worthless, or forfeited without compensation. So I think it makes sense to invest in such a way that no individual items befall misfortune, does not bring ruin. For example, the paper money may lose its value by hyperinflation, or banks can seize your account, gold or silver may suffer from the collapse or its use may be illegal, kryptovaluutoista can be found in a catastrophic bug, or similar Mt.Gox fraud can reset your account in a single stock exchange service. However, the probability that all of these take place at the same time, is negligible. By diversifying to all of these, and in addition (financial situation permitting) the company assets, shares, land, etc., Is in a better position than where if you put all your eggs in one basket, no matter how trying to choose one that is as safe as possible. Thus I have worked, and I want to continue in the field, helping others to do the same.

When I chose my new business monero, was the basis for the selection of a service offering that does not yet exist. Gold and silver are selling other shops, banks have their own service offering, real estate brokers, even buying bitcoin euro is now a jiffy. Monero is still small, the future of thing, with awareness-raising, community strengthening and provision of services is also key for the currency grows and becomes more and more useful. Kryptovaluuttojen The basic idea is that the total number of currency units is known and it can not be added according to demand. Instead, the currency value will change if the number of users increases or decreases. Monero are just a few of thousands of users, because the data revolutionary feature in relation to Bitcoin is not yet widespread. One monero price is less than a dollar, the same as bitcoin when had already seen what would happen, but knowledge and belief had not yet reached their culmination. (Monero, there are about the same as Bitcoins, a comparison is possible directly on the unit price.)

Despite the long opening I don't invite to invest significant amounts of money in it. (Those with good memory may remember that I said the same on bitcoin in October 2012 price of about $ 10.) If the project succeeds, this increase is in any case so great that even a small investment to produce massively. The probability that the project is not successful, and all the money goes, it is also high, meaning that all investments you should mentally look at the losing bets already at the time of purchase (cf.. Lotto coupon, the purchase price is an expense, in which case all the profits is a plus). Currently monero can be purchased with Bitcoin at Poloniex.com named the stock exchange without the lower limit, and when HH the service opens, one-time investment can be 1.000 to 50.000 €.

In summary - I support a very broad diversification among various asset classes, and I intend to focus on providing services related to monero. I spend a couple of weeks in Finland in early September, and I open my old address trade Pursimiehenkatu 15, where you can buy and sell gold, silver, currencies and Bitcoins monero. I know that many people would like to do business but I have not had time for years to keep it open. (Inform you about this later.)

Unwieldy to my projects in recent months has been operating the Crypto Kingdom -multiplayer. We are about 9 months developed a playing surface, and at the same time acquired the first of about 120 playable characters, with the actual virtual world launched in the coming weeks. Game management structure based on self-government, ie it is not a game company, but the profits are distributed to shareholders internally in the game (game characters own all of it, and the share is 24/7 internal market and market-making). The platform is crowdfunding-financed without outside money. The game uses monero as a currency. More broadly, will also like info about then when we have all the materials, the game is playable, and the masses already know about it. However, some may be interested in diversify Again, the direction now, and once the stock market works, so I can pass the size of the investment of EUR 500-1000 per interested person. Not less because I do not have time. No more, because the game is so small that it makes no sense to sow it money. If it grows Clash of Clansin size, now made an investment of € 1000 becomes 10 million (calculated Supercell and CK ratio of the market value).
legendary
Activity: 2968
Merit: 1198
Nice work everybody. Can't wait to see the web version.
sr. member
Activity: 350
Merit: 250
Great news, CKG and Monero are advancing like the mongol army on plains.

saddambitcoin sent you a PM Wink
full member
Activity: 212
Merit: 100
Congratulations, and many thanks to HM and the Town Council for their recent far sighted decisions that bode so well for the future prosperity of our fair City!

I have placed an order to purchase more CKG today, and will do the same again soon.

I sense the sleeping giant is about to wake up, the alarm clock being the web version we've all been waiting for.

Exciting times!!
donator
Activity: 1722
Merit: 1036
I would like to tell you, only this once, that I'll promote CK and CKG ownership to all the investment circles that I have carefully nurtured since 2006 when I started my first open investment company Scenario Investments Ltd. I cannot yet know how large the investor interest in CK will be, and how quickly it will get realised. But the new commission on CKG trades, 1.99%, is so low that everyone is encouraged to think if the stake is now at the optimum level, and adjust if need be.

We will now enter to the phase that every CKG-holder can sell all his position without advance warning if he so wishes, and anyone can decide to buy an additional 50k CKG (or theoretically more) without advance warning or permission.

Please, buy and sell CKG, because every trade is part of the proof that the game is waking up from the slumber Smiley

Thank you for the ones that have already bought 3,000 CKG in total!
legendary
Activity: 1610
Merit: 1004
When all the 200,000 CKG have been bought, the price of 1 CKG will have risen to 70 XMR and 3.0 million XMR will have been used to acquire all the 200,000 CKG.

Very exciting! The new real time price calculator is cool. I reinvested my gold dividends and bought 100 CKG to celebrate.

Anyone else with me? Let's take CKG to the moon!

edit: Since the announcement, close to 2000 CKG has been bought! The midprice has reached a new high of 557,608 m/CKG.
donator
Activity: 1722
Merit: 1036
Gold dividends have been paid. Now a much more profound thing is happening in relation to gold (CKG):

The King is taking a perpetual obligation to arrange an ingame market for CKG/moneretos, no matter how high or low the CKG price goes. This means that smallholders having less than 1,000 CKG (most players fall in this category, after all it's $300) can always sell their gold at the current market price and medium holders with 1-10k CKG can sell at one click although with some slippage in price. Conversely, buys of maximum 10,000 CKG can always, 24/7, regardless of anything, be executed. If one buy is not enough, the system adjusts the price and you can buy another time, and yet another.

The commission in the King's Coinshop has previously been 6.5% (buy 106.5%*midprice, sell 93.5%*midprice). Now we are slashing the commission to 1.99%-2.44%, depending on the amount (it is a technical reason, not the intention, that the commission varies slightly). With the much reduced commission, and the notoriously volatile CKG/XMR rate, it is now possible to actively speculate on the CKG price!

And Wow, there is something to speculate on!! We made a tentative agreement in the Town Council (will be published after the final texts are agreed upon) that all XMR (moneretos) balances in the game carry the highest payback priority, in the event of the game closing. So if the game is terminated, the moneretos are paid back in full, because they are guaranteed in full from the funds used to buy them. Conversely the CKG, which in the event of the game continuing carries many advantages - weekly dividends, appreciating price, voting rights, liquidity - most likely becomes worthless if the game is terminated.

The CKG/moneretos market in the end is meant to gauge the trust in the game - how are the promise of the 100% payback of the XMR, relative to the rights, privileges and cash flows that the CKG brings, priced against each other.

To practically administer the new more aggressive offering, a new corporate character, King's Coinshop (#122) is created and 200,000 CKG has been transferred to it. The pricing formula is such that every time gold is bought from the King's Coinshop, its price rises as a result (and vice versa). When all the 200,000 CKG have been bought, the price of 1 CKG will have risen to 70 XMR and 3.0 million XMR will have been used to acquire all the 200,000 CKG. The price will never go to zero - the Coinshop is responsible of buying up all the CKG existing if need be, at ever decreasing prices though. You will find the new calculator in CharDB/trade_gold as before.

Let the speculation begin!  Grin
hero member
Activity: 518
Merit: 502
generous move by the king, long live the king and the kingdom!

now when are we seeing some shots of the game? Wink

Sure, for just 1,000 m/CKG.  Grin
sr. member
Activity: 350
Merit: 250
generous move by the king, long live the king and the kingdom!

now when are we seeing some shots of the game? Wink
donator
Activity: 1722
Merit: 1036
We decided to pay a 1,000 m/CKG dividend to all the gold holders.

Woohoo! Rich and poor, in happiness are alike. Another Dom Perignon 1589 for me! (490 XMR).
legendary
Activity: 1610
Merit: 1004
We decided to pay a 1,000 m/CKG dividend to all the gold holders.

Woohoo! Looks like I just made 30 XMR.
sr. member
Activity: 327
Merit: 250
The meeting was really good and we achieved mutual understanding in important matters. It was decided that no details are published just yet because we are in the process of creating a new Constitution for the game. The current version of the Rulebook is from October 2014, and it was deemed necessary to update it and clarify all rules, rights and responsibilities regarding governance to one place.

Once the document is ready, it will naturally be published with great fanfare Wink

We decided to pay a 1,000 m/CKG dividend to all the gold holders.

Woohoo! I'm really exited to get my first gold dividend in a few months Smiley
donator
Activity: 1722
Merit: 1036
The meeting was really good and we achieved mutual understanding in important matters. It was decided that no details are published just yet because we are in the process of creating a new Constitution for the game. The current version of the Rulebook is from October 2014, and it was deemed necessary to update it and clarify all rules, rights and responsibilities regarding governance to one place.

Once the document is ready, it will naturally be published with great fanfare Wink

We decided to pay a 1,000 m/CKG dividend to all the gold holders.
donator
Activity: 1722
Merit: 1036
The Town Council meeting is in 80 minutes as announced by Sir Riccardo.

I will be sending a memo to all councillors prior to that, in about 30 minutes by PM. The memo contains the draft for the Rulebook v.4.0 or Financial Constitution.
sr. member
Activity: 327
Merit: 250
So far Monero and Sphericoin are planned to be used as currencies into the game

Huh?

/nick sphericoin

Are all your parts fungible?

nah, each part has sentimental value to me Smiley
hero member
Activity: 649
Merit: 500
So far Monero and Sphericoin are planned to be used as currencies into the game

Huh?

/nick sphericoin

Are all your parts fungible?
sr. member
Activity: 327
Merit: 250
So far Monero and Sphericoin are planned to be used as currencies into the game

Huh?

/nick sphericoin
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