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RonSwanson

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RonSwanson last won the day on November 11 2020

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  1. Deflating our value. They're literally just using the newly created coins to knowingly sell at 1 Sat so that they can fund their operations. No Bueno.
  2. More now than ever? Really? It's one thing to say that you're still optimistic, but I'm surprised that with everything going on, you'd say that the news of them firing basically their entire team and adding 50% more coins just to sell to cover operation expenses would make you more optimistic. Having to literally create money out of thin air, and knowingly be able to sell it for the smallest denomination possible in the crypto market (1 sat), just to operate is a massive red flag. From a professional standpoint (public accounting) this raises substantial doubt in their ability to continue as a going concern. This is likely why they couldn't get traditional funding and why they had to resort to inflating the CSC numbers to pay bills in the first place. From strictly a logical standpoint, everything they're doing right now indicates the failure of the project. From a crypto community standpoint, most hate any project that isn't decentralized, and this is a prime example of why. If that's really your opinion, then I guess to each their own. But I honestly can't see how that could be the case.
  3. More power to you. I'm only investing what I'm willing to lose, and that ship has sailed. The writing is on the wall. We're now selling at literally rock bottom prices, and the people selling it to you is CasinoCoin, to fund their operation.
  4. https://casinocoin.org/casinocoin-foundation-update/ Confirmed that the tokens are for operating expenses.
  5. That's what I was afraid of. Creating more tokens out of thin air so they can sell them to cover operating expenses is going to throw an exception and basically include a going concern opinion in their next audit. Not. Good. I definitely feel bad for everyone that traded their entire XRP stack for CSC, or put all their eggs in one basket. There's obviously still an opportunity to come out of this thing successful, but creating funds to cover operating expenses is not a good look. Again... if I'm incorrect, I welcome someone to provide more details.
  6. Could be the announcement that today they start the process of injecting 25 Billion tokens into the pool.
  7. Am I missing something? The team is looking to add an additional 25 BILLION CSC!? I'm going to need someone to hop in the comments section and alleviate some pretty glaring issues that I, as an investor, have with this. How are we expecting to see the price climb with utilization if we're diluting the pool by injecting billions of additional tokens?
  8. Without there being a whole lot of activity happening right now, I haven't been very active on this forum... but I did just come across something that was very promising for CSC that I thought everyone would enjoy- The above quote was taken from CasinoBeats.com and is absolutely amazing. Who would have thought that with just two partnerships- TrustTracker and Cammegh, we would jump to the top 20 rankings for the most active blockchains? Sure, we still have a long road ahead of us... but this is really exciting stuff!
  9. I've been in the crypto game for a while, and I've always hated how many versions of "secret" something or another CSC has. We have passwords, we have pins, we have secret keys, we have private keys, and we have secret passphrases. The private keys aren't the same as the private keys in the rest of the crypto-verse, that's the pass phrase. The secret keys only allow you to import your wallet, and the private keys are what you export to have access to your secret keys so you can import. It's pretty ridiculous, and to be completely honest, I'd probably be fucked if I lost my laptop.
  10. Ready for some good news!? GoodGaming just confirmed powering their new casino with CasinoCoin, as reported by YogoNet. Oliver Wu, chairman at GoodGaming is quoted saying, "We are hugely excited to launch our first cryptocurrency casino and enter one of online gaming's fastest growing verticals." Because we are so early in the project, I haven't kept myself in the loop as much as I used to when I first found out about CSC, so maybe this is something everyone else has been expecting. But, I wasn't expecting it, which made it that much more meaningful to me. With the testing by Cammegh, the announcement of actual CSC token use!! and the likelihood of the BRM happening any day now, I feel like we're really putting ourselves in a great position to really make a name for ourselves in the industry. You guys can read more about the launch at the link below! https://www.yogonet.com/international/noticias/2019/12/03/51736-goodgaming-to-launch-new-casinocoin-powered-brand
  11. https://coinmarketcap.com/currencies/casinocoin/ If you go to CasinoCoin's page on coinmarketcap, you'll see a question mark next to our ranking. Click that question mark and you'll see where they dropped us from their Tracked Listing status. CoinMarketCap changed policy at some point to create tiered listings. These consist of: 1. Tracked Listing 2. Untracked Listing 3. Unverified Listing 4. Inactive Listing We've already checked the box for trading on at least 2 verified exchanges, so we shouldn't need one more exchange (though it always helps!). I don't exactly know what it means for CSC, or how it effects the ranking overall... just something that I've noticed over the last several months. https://coinmarketcap.zendesk.com/hc/en-us/articles/360034124351-Listings-Criteria
  12. What's up everyone! I realize that we lost our Tracked Listing status a while ago, but I expected us to get it back almost immediately. I honestly thought it was a mistake at first. Right now we're still showing as Untracked, but reading through the Listings Criteria, we seem to check off all the boxes to be a Tier 1 listing. Has this already been discussed and I missed it somewhere??
  13. It looks like our fearless leaders will be leading a panel at the CasinoBeats Malta event that's being held next week! The agenda itself doesn't actually mention CSC by name, but the results from the CasinoBeats 100 Club does. I was actually surprised by the results. The CasinoBeats 100 Club consists of "an invite-only unpublished list of 100 influencers from across the sector – comprising key executives from operators and suppliers, gaming platforms, marketing agencies, legal and other professionals" (https://casinobeats.com/2019/01/25/giving-readers-a-voice-casinobeats-launches-the-100-club/) and not a single one of them thought that delaying adoption of Blockchain would be harmful to the future of the online gaming sector. 100 influencers... and not a single one of them. The actual question posed to these 100 individuals was "β€œIs the delay in adopting blockchain technology harming the online gaming sector?” Possible answers included the following: Yes, blockchain is the foundation on which fair and lucrative online gaming operations must be founded in the future Maybe, but not enough people in the sector understand the technology – more education and awareness is needed No, the online gaming sector will be just fine without blockchain The results were as follows: Yes - 0% Maybe - 51% No - 49% (https://www.casinobeats.com/2019/06/13/the-casinobeats-100-club-crypto-stigma-holding-blockchain-back/) I suppose 51% coming in at "Maybe" is better than "No"... but I was still shocked that of 100 individuals that are supposedly prominent figures in online-anything, much less online gaming, not a single one of them thought blockchain will be a key component in the future of the internet. My hope is that whoever will be leading the CSC team at the event will be able to convince them otherwise!
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