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Topic: [OLD][CSC]CasinoCoin ♠ A Digital Currency For The Regulated Online Gaming Sector - page 113. (Read 343078 times)

legendary
Activity: 1862
Merit: 1002
ok I asked gamingcoins and he said it stands for 1 Bahamian dollar. This is because prypto's Bahamian casino partners will be coming online first to take the coin and it has to be stated that way to be compliant with US and Bahamas regulation. 1 USD = 1 B$

He also said the first run of cards have been printed and are expected to be delivered shortly. So, it sounds like the ball is rolling.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Why Frebuary???   Undecided

http://casinocoinsites.com/

and, what is 1CSC=1B$  ?? ( http://www.urbandictionary.com/define.php?term=B%24  Huh? )


I believe that is shorthand for "1 betting dollar". I can ask gamingcoins tomorrow for confirmation. INfo should firm up next few weeks.

all information is welcome ... with these changes, I do not strange the DUMPS that will happen ...

This could definitely happen for those looking to make a quick profit and cash them out to BTC or USD. And it could also have a negative effect in price due to the more dumps that will be instead of pumps. But even still, I think that CasinoCoin will go into new heights with all the things that will happen like the Prypto cards and adoption of real casinos. When price goes up, I will only sell a portion of my CSC for profit, but the rest will be hold onto my wallet for the future and to keep supporting CasinoCoin  Grin
sr. member
Activity: 316
Merit: 250
Why Frebuary???   Undecided

http://casinocoinsites.com/

and, what is 1CSC=1B$  ?? ( http://www.urbandictionary.com/define.php?term=B%24  Huh? )


I believe that is shorthand for "1 betting dollar". I can ask gamingcoins tomorrow for confirmation. INfo should firm up next few weeks.

all information is welcome ... with these changes, I do not strange the DUMPS that will happen ...
legendary
Activity: 1862
Merit: 1002
Why Frebuary???   Undecided

http://casinocoinsites.com/

and, what is 1CSC=1B$  ?? ( http://www.urbandictionary.com/define.php?term=B%24  Huh? )


I believe that is shorthand for "1 betting dollar". I can ask gamingcoins tomorrow for confirmation. Reasonably, I'd expect first week of Feb to be the current launch target. I saw some twitter posts about a CSC giveaway planned for late January, which would make sense of that date. Info should firm up next few weeks.
sr. member
Activity: 316
Merit: 250
legendary
Activity: 1862
Merit: 1002
This is what Cryptsy is currently doing with CasinoCoin withdraws and it's making me furious since each time they are just getting more and more fees from you.

Each withdraw takes about 5 minutes to process and I receive the coins just fine BUT each withdraw get's divided by 2 into two halves, where:
Half 1: Goes back into your Cryptsy Account.
Half 2: Goes to the withdraw address you provided. (YAH, but only half ?)

So I thought okay maybe I tried to withdraw too many coins(less than 50k).
Went ahead and withdrew 5k coins and the same thing happened.

So to withdraw 50k CSC atm you'll lose approx 1000 CSC on extra fees from Cryptsy because they're system is processing only half of the requested amount.

Has this been happening to any other users at Cryptsy ?


Things are now starting to be VERY fishy and I can no longer vouch for Cryptsy at all even though I have traded there for a few years. As the others have said I urge you to move your CSC off Cryptsy.

Alterdice, or Alcurex are both great exchanges(plus dice at alter) that I had dabbled with before but will now be using instead of Cryptsy.


That's the problem they've always had with them not merging their inputs. There's alot of dust in their wallets. I had that problem for 2 years. When it was really bad I had to script my withdrawals and removing 1m coins would take > 1 day and > 250 withdrawals.


Good news is if you open support tickets you can ask for the extra fees back. I've gotten these refunded int he past.
legendary
Activity: 849
Merit: 1050
CasinoCoin
This is what Cryptsy is currently doing with CasinoCoin withdraws and it's making me furious since each time they are just getting more and more fees from you.

Each withdraw takes about 5 minutes to process and I receive the coins just fine BUT each withdraw get's divided by 2 into two halves, where:
Half 1: Goes back into your Cryptsy Account.
Half 2: Goes to the withdraw address you provided. (YAH, but only half ?)

So I thought okay maybe I tried to withdraw too many coins(less than 50k).
Went ahead and withdrew 5k coins and the same thing happened.

So to withdraw 50k CSC atm you'll lose approx 1000 CSC on extra fees from Cryptsy because they're system is processing only half of the requested amount.

Has this been happening to any other users at Cryptsy ?


Things are now starting to be VERY fishy and I can no longer vouch for Cryptsy at all even though I have traded there for a few years. As the others have said I urge you to move your CSC off Cryptsy.

Alterdice, or Alcurex are both great exchanges(plus dice at alter) that I had dabbled with before but will now be using instead of Cryptsy.



member
Activity: 79
Merit: 10
People, get your coins out of Cryptsy. They are basically bust. BTC withdrawals are not processing at all, support do not reply to tickets. Until yesterday, I was able to get coins out via Dodge, but now those are perpetually "processing" also, Get your coins out before it's too late.

I am providing at least 4 BTC buy support on Alcurex and I will increase this to make sure there is a liquid market there, as volume increases.

Let's move all trading over from Cryptsy to Alcurex.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Any integration into a real casino will greatly increase the value. I honestly don't know what the limit would be.

If the Prypto program launches I would think that $1 would be the floor not the ceiling.

For those wanting to get their BTC out of Cryptsy it looks like CSC is one option. Unfortunately there is not a lot of buy support on alcurEX so it wont work for large volumes.


Agreed, an integration into a real casino would help greatly. Regarding liquidity, we started to have some movement in our markets and have worked a lot on scalability. Either bring your CSC or any of the other 11 coins we support in to give us a try!

https://alterdice.com/market/csc_btc

Registration is quick and easy!

This would be the perfect home (exchange) for trading CasinoCoin as you can trade and gamble as well in here. Especially, gambling which makes me so addicted that most of the times I lose CSC or BTC, but it still is fun. If we could get more trading activity in this exchange and get added into major ones like Poloniex, then this would definitely drive the price upwards.  Smiley
newbie
Activity: 20
Merit: 0
Any integration into a real casino will greatly increase the value. I honestly don't know what the limit would be.

If the Prypto program launches I would think that $1 would be the floor not the ceiling.

For those wanting to get their BTC out of Cryptsy it looks like CSC is one option. Unfortunately there is not a lot of buy support on alcurEX so it wont work for large volumes.


Agreed, an integration into a real casino would help greatly. Regarding liquidity, we started to have some movement in our markets and have worked a lot on scalability. Either bring your CSC or any of the other 11 coins we support in to give us a try!

https://alterdice.com/market/csc_btc

Registration is quick and easy!
legendary
Activity: 1270
Merit: 1000
Any integration into a real casino will greatly increase the value. I honestly don't know what the limit would be.

If the Prypto program launches I would think that $1 would be the floor not the ceiling.

For those wanting to get their BTC out of Cryptsy it looks like CSC is one option. Unfortunately there is not a lot of buy support on alcurEX so it wont work for large volumes.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Everyone,

Just a friendly PSA. If you have CSC in Cryptsy, you may want to withdraw them. Things do not appear to be going well over there and with each passing day more and more customers are complaining about withdrawals that go pending forever.

If you have coins in cryptsy that are just sitting there and aren't actively involved in an order, please think about withdrawing them to a wallet under your control. We won't be able to help you if cryptsy runs off with your coins.

Cheers and Happy New Year - GS

Thanks for the news. Luckily I was able to withdraw some CasinoCoins from an old Cryptsy account which I forgot that I had a great amount of CSC in it. It only took me 15 mins after confirming the withdrawal via email and then I received them to my wallet.

There is one thing that I have been looking into, and that is the price of CasinoCoin. Right now, is has been around $0.02 to $0.03 per coin but haven't seen it rise more than that for a few days. Maybe there isn't much excitement now, but I bet that when Prypto would announce CSC cards and also the integration of real casinos, we would get to see CSC's price go to the moon. I expect it to reach at $1 per CSC, but anything could happen in the crypto world.  Roll Eyes
hero member
Activity: 2268
Merit: 507
Everyone,

Just a friendly PSA. If you have CSC in Cryptsy, you may want to withdraw them. Things do not appear to be going well over there and with each passing day more and more customers are complaining about withdrawals that go pending forever.

If you have coins in cryptsy that are just sitting there and aren't actively involved in an order, please think about withdrawing them to a wallet under your control. We won't be able to help you if cryptsy runs off with your coins.

Cheers and Happy New Year - GS

Thanks for the heads up, i tried eraly to withdraw with no luck yet still waiting, lets see how it goes from here...
legendary
Activity: 1862
Merit: 1002
Everyone,

Just a friendly PSA. If you have CSC in Cryptsy, you may want to withdraw them. Things do not appear to be going well over there and with each passing day more and more customers are complaining about withdrawals that go pending forever.

If you have coins in cryptsy that are just sitting there and aren't actively involved in an order, please think about withdrawing them to a wallet under your control. We won't be able to help you if cryptsy runs off with your coins.

Cheers and Happy New Year - GS
sr. member
Activity: 316
Merit: 250
LOL... HAPPY NEW YEAR for ALL !!!
sr. member
Activity: 316
Merit: 250


With Paycoin that was a bit different, my understanding is that GAW promised buying those coins at $20 or similar. With CSC nobody is promising to buy your coins for $1 got it. sorry but English is not my mother tongue, and I do misinterpretations .... apparently misunderstood this: http://casinocoinsites.com/ and this: https://twitter.com/search?q=%23prypto&src=typd. Why would they have to? Many in this community have been willing to hand them over for less than $0.04 each. Huge difference there.


The rest is all my opinion, but this is why I buy and hold CSC:

To me I figure that $1 is a short term target that gets the market cap up and running enough to make it worth while for the first 16 casinos to use the program. Obviously, the longer term targets for the price of CSC are a lot higher than $1. Also I think it's important to say that I believe that this isn't some scheme where when it goes to $1 that everybody with huge amounts will sell and runs away. I believe that the casinos want to use this for the next decade at least to open up the US gambling markets and bring some of the advantages of crypto to fiat online gambling. So the prospects for early holders are quite good.

Fiat online gambling is a $41.4b/year industry with no crypto included in that total. Most of these casinos want to avoid BTC because it's too damn slow, eliminating the potential for funding impulse gambling. The branding is not gambling focussed. It's also too difficult for the average person to use directly. Show me one other crypto that has a $41.4b industry established and ready to go for a niche altcoin to capture. It's nuts. Maybe ecommerce comes close, but they have more than adequate payment options that currently exist that enables them to meet the majority of their potential customer base. Online gambling has a potential customer base much larger than their current customer base and they have been looking actively for funding solutions for the past 10 years to help them expand to meet their potential. This very well could be a perfect storm for CSC brewing. Unfortunately, I think we're going to see a repeat of people getting upset after being left behind just like when many sold all their BTC at $7 only to see it run up to $1150 over the following 18 months.

For me, I purchased most of my CSC using proceeds from mining for two years and also with BTC that I purchased with USD. I think i maybe put $3600 in all in all for 3m coins. From the beginning, I considered this a tail risk investment. It was either going to be worth $0 or some astronomical amount. No way I'm selling any time soon. OMG - Everyday I'm amazed at how cheap some people will let these coins go for. $0.02 - 0.04, amazing.

Again, just my opinion. I'm not trying to give anyone any advice here. i could be a complete nutter for all you know. hehe



I understand and agree with much of what you said. In fact you have 3 million reasons to want to believe ... I hope you're right, though I only have a few hundred, the result of experiences with Paycoin and many other promises in the world of crypto ...

I just said that I see happen, things you already saw in the past. And what I also said is that mevou keep very careful ... I did not say he did not believe ...

The proof is that I did not sell the few hundred CSC I have, if not believed, was already in another currency.

There will always be people with more enthusiasm than others, as I have f***ed me with Gox, paycoin, miners suppliers, etc. I'm just more aware of what is going on ...
legendary
Activity: 1624
Merit: 1007
Paycoin was extremely overpriced and for no reason, CSC still very cheap in my opinion and not everyone looks at the updates here.

Could be someone that mined a lot 1+ years ago when price and difficulty were low and thinks its a good price to sell

Maybe.... but:

I lived well, out the fraud of GAW and Mr. Josh ...

and I remember that at the time, while some waited to paycoin reach the promised value, others were doing consecutive dumps ...

I'm not saying that's what going on here ... but I'm also not saying that is not ...

I'm just careful and nervous, with these dumps...

With Paycoin that was a bit different, my understanding is that GAW promised buying those coins at $20 or similar. With CSC nobody is promising to buy your coins for $1. Why would they have to? Many in this community have been willing to hand them over for less than $0.04 each. Huge difference there.


The rest is all my opinion, but this is why I buy and hold CSC:

To me I figure that $1 is a short term target that gets the market cap up and running enough to make it worth while for the first 16 casinos to use the program. Obviously, the longer term targets for the price of CSC are a lot higher than $1. Also I think it's important to say that I believe that this isn't some scheme where when it goes to $1 that everybody with huge amounts will sell and runs away. I believe that the casinos want to use this for the next decade at least to open up the US gambling markets and bring some of the advantages of crypto to fiat online gambling. So the prospects for early holders are quite good.

Fiat online gambling is a $41.4b/year industry with no crypto included in that total. Most of these casinos want to avoid BTC because it's too damn slow, eliminating the potential for funding impulse gambling. The branding is not gambling focussed. It's also too difficult for the average person to use directly. Show me one other crypto that has a $41.4b industry established and ready to go for a niche altcoin to capture. It's nuts. Maybe ecommerce comes close, but they have more than adequate payment options that currently exist that enables them to meet the majority of their potential customer base. Online gambling has a potential customer base much larger than their current customer base and they have been looking actively for funding solutions for the past 10 years to help them expand to meet their potential. This very well could be a perfect storm for CSC brewing. Unfortunately, I think we're going to see a repeat of people getting upset after being left behind just like when many sold all their BTC at $7 only to see it run up to $1150 over the following 18 months.

For me, I purchased most of my CSC using proceeds from mining for two years and also with BTC that I purchased with USD. I think i maybe put $3600 in all in all for 3m coins. From the beginning, I considered this a tail risk investment. It was either going to be worth $0 or some astronomical amount. No way I'm selling any time soon. OMG - Everyday I'm amazed at how cheap some people will let these coins go for. $0.02 - 0.04, amazing.

Again, just my opinion. I'm not trying to give anyone any advice here. i could be a complete nutter for all you know. hehe



The reason why people are letting them go for these prices is because they have heard the exact same thing for years and years and not once has it happened with thousands of coins. If people get shat on so many times and see how it goes for others as well, then ofc they will be hesitant to get in or hold. Right now we have only words, once something actually happens, then they will most likely re-look their positions.
hero member
Activity: 2268
Merit: 507
Paycoin was extremely overpriced and for no reason, CSC still very cheap in my opinion and not everyone looks at the updates here.

Could be someone that mined a lot 1+ years ago when price and difficulty were low and thinks its a good price to sell

Maybe.... but:

I lived well, out the fraud of GAW and Mr. Josh ...

and I remember that at the time, while some waited to paycoin reach the promised value, others were doing consecutive dumps ...

I'm not saying that's what going on here ... but I'm also not saying that is not ...

I'm just careful and nervous, with these dumps...

With Paycoin that was a bit different, my understanding is that GAW promised buying those coins at $20 or similar. With CSC nobody is promising to buy your coins for $1. Why would they have to? Many in this community have been willing to hand them over for less than $0.04 each. Huge difference there.


The rest is all my opinion, but this is why I buy and hold CSC:

To me I figure that $1 is a short term target that gets the market cap up and running enough to make it worth while for the first 16 casinos to use the program. Obviously, the longer term targets for the price of CSC are a lot higher than $1. Also I think it's important to say that I believe that this isn't some scheme where when it goes to $1 that everybody with huge amounts will sell and runs away. I believe that the casinos want to use this for the next decade at least to open up the US gambling markets and bring some of the advantages of crypto to fiat online gambling. So the prospects for early holders are quite good.

Fiat online gambling is a $41.4b/year industry with no crypto included in that total. Most of these casinos want to avoid BTC because it's too damn slow, eliminating the potential for funding impulse gambling. The branding is not gambling focussed. It's also too difficult for the average person to use directly. Show me one other crypto that has a $41.4b industry established and ready to go for a niche altcoin to capture. It's nuts. Maybe ecommerce comes close, but they have more than adequate payment options that currently exist that enables them to meet the majority of their potential customer base. Online gambling has a potential customer base much larger than their current customer base and they have been looking actively for funding solutions for the past 10 years to help them expand to meet their potential. This very well could be a perfect storm for CSC brewing. Unfortunately, I think we're going to see a repeat of people getting upset after being left behind just like when many sold all their BTC at $7 only to see it run up to $1150 over the following 18 months.

For me, I purchased most of my CSC using proceeds from mining for two years and also with BTC that I purchased with USD. I think i maybe put $3600 in all in all for 3m coins. From the beginning, I considered this a tail risk investment. It was either going to be worth $0 or some astronomical amount. No way I'm selling any time soon. OMG - Everyday I'm amazed at how cheap some people will let these coins go for. $0.02 - 0.04, amazing.

Again, just my opinion. I'm not trying to give anyone any advice here. i could be a complete nutter for all you know. hehe



+1 just by the name we know CSC gonna make it big time!
legendary
Activity: 966
Merit: 1000
Paycoin was extremely overpriced and for no reason, CSC still very cheap in my opinion and not everyone looks at the updates here.

Could be someone that mined a lot 1+ years ago when price and difficulty were low and thinks its a good price to sell

Maybe.... but:

I lived well, out the fraud of GAW and Mr. Josh ...

and I remember that at the time, while some waited to paycoin reach the promised value, others were doing consecutive dumps ...

I'm not saying that's what going on here ... but I'm also not saying that is not ...

I'm just careful and nervous, with these dumps...

With Paycoin that was a bit different, my understanding is that GAW promised buying those coins at $20 or similar. With CSC nobody is promising to buy your coins for $1. Why would they have to? Many in this community have been willing to hand them over for less than $0.04 each. Huge difference there.


The rest is all my opinion, but this is why I buy and hold CSC:

To me I figure that $1 is a short term target that gets the market cap up and running enough to make it worth while for the first 16 casinos to use the program. Obviously, the longer term targets for the price of CSC are a lot higher than $1. Also I think it's important to say that I believe that this isn't some scheme where when it goes to $1 that everybody with huge amounts will sell and runs away. I believe that the casinos want to use this for the next decade at least to open up the US gambling markets and bring some of the advantages of crypto to fiat online gambling. So the prospects for early holders are quite good.

Fiat online gambling is a $41.4b/year industry with no crypto included in that total. Most of these casinos want to avoid BTC because it's too damn slow, eliminating the potential for funding impulse gambling. The branding is not gambling focussed. It's also too difficult for the average person to use directly. Show me one other crypto that has a $41.4b industry established and ready to go for a niche altcoin to capture. It's nuts. Maybe ecommerce comes close, but they have more than adequate payment options that currently exist that enables them to meet the majority of their potential customer base. Online gambling has a potential customer base much larger than their current customer base and they have been looking actively for funding solutions for the past 10 years to help them expand to meet their potential. OMG - Everyday I'm amazed at how cheap some people will let these coins go for. This very well could be a perfect storm for CSC brewing. unfortunately, I think we're going to see a repeat of people getting upset after being left behind just like when many sold all their BTC at $7 only to see it run up to $1150 over the next 18 months.

Again, just my opinion. i could be a complete nutter for all you know. hehe



Perfect exposition and absolutelly agree, this is one of the biggest industries in the world and Casinocoin is doing the  work really well
legendary
Activity: 1862
Merit: 1002
Paycoin was extremely overpriced and for no reason, CSC still very cheap in my opinion and not everyone looks at the updates here.

Could be someone that mined a lot 1+ years ago when price and difficulty were low and thinks its a good price to sell

Maybe.... but:

I lived well, out the fraud of GAW and Mr. Josh ...

and I remember that at the time, while some waited to paycoin reach the promised value, others were doing consecutive dumps ...

I'm not saying that's what going on here ... but I'm also not saying that is not ...

I'm just careful and nervous, with these dumps...

With Paycoin that was a bit different, my understanding is that GAW promised buying those coins at $20 or similar. With CSC nobody is promising to buy your coins for $1. Why would they have to? Many in this community have been willing to hand them over for less than $0.04 each. Huge difference there.


The rest is all my opinion, but this is why I buy and hold CSC:

To me I figure that $1 is a short term target that gets the market cap up and running enough to make it worth while for the first 16 casinos to use the program. Obviously, the longer term targets for the price of CSC are a lot higher than $1. Also I think it's important to say that I believe that this isn't some scheme where when it goes to $1 that everybody with huge amounts will sell and runs away. I believe that the casinos want to use this for the next decade at least to open up the US gambling markets and bring some of the advantages of crypto to fiat online gambling. So the prospects for early holders are quite good.

Fiat online gambling is a $41.4b/year industry with no crypto included in that total. Most of these casinos want to avoid BTC because it's too damn slow, eliminating the potential for funding impulse gambling. The branding is not gambling focussed. It's also too difficult for the average person to use directly. Show me one other crypto that has a $41.4b industry established and ready to go for a niche altcoin to capture. It's nuts. Maybe ecommerce comes close, but they have more than adequate payment options that currently exist that enables them to meet the majority of their potential customer base. Online gambling has a potential customer base much larger than their current customer base and they have been looking actively for funding solutions for the past 10 years to help them expand to meet their potential. This very well could be a perfect storm for CSC brewing. Unfortunately, I think we're going to see a repeat of people getting upset after being left behind just like when many sold all their BTC at $7 only to see it run up to $1150 over the following 18 months.

For me, I purchased most of my CSC using proceeds from mining for two years and also with BTC that I purchased with USD. I think i maybe put $3600 in all in all for 3m coins. From the beginning, I considered this a tail risk investment. It was either going to be worth $0 or some astronomical amount. No way I'm selling any time soon. OMG - Everyday I'm amazed at how cheap some people will let these coins go for. $0.02 - 0.04, amazing.

Again, just my opinion. I'm not trying to give anyone any advice here. i could be a complete nutter for all you know. hehe

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