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50centCSC

Can you feel the pressure building around Casinocoin?

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1 minute ago, Lambotothemoon said:

Cmon guys let’s not repeat the shit that goes on over on XRPChat. I don’t think there was anything wrong with meganerds post, just a different perspective that’s all.

Ditto to the Shitto... I like the Nerd, I like Y'all! I love good debate and a bit-o-wrasselin.

I have noticed that when the price goes up we all hold hands and sing Kumbaya, oh what a party it will be some day Boysos! :yahoo:

Cyn

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2 minutes ago, MegaNerd said:

thanks! not that i need reassurance of course, but its always wise to watch out for the people who only 'Thumbs up' 'to the moon' posts. 

Well I’ve been accused of being a 589 moon boy on XRPChat. I’m bullish on my investments, but I also recognise they could go to zero and appreciate ‘reality bumps’ that aren’t pure FUD.

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Guest BlackJack

~

Edited by BlackJack

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Guest BlackJack
1 minute ago, CindyLou said:

Maybe this will cheer up the Nerd and the BJ... Cyn-cerely! 

 

Hahahaha!!!

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Guest BlackJack

Fairplay @MegaNerd if you think the price will be 0.01 in several years.

We all have our own ideas about our investments. 

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11 minutes ago, BlackJack said:

Fairplay @MegaNerd if you think the price will be 0.01 in several years.

We all have our own ideas about our investments. 

of course we do. CSC could be $100 in several years for all we know. 

Edited by MegaNerd

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10 hours ago, MegaNerd said:

if anything, I personally wouldn't expect CSC to hit .01 for several more years. 

First of all, not calling your post FUD. Points of view are respected and very much welcome.

Wouldn't 0.01 over a period of years reflect only speculative interest? And not use case?

IMHO, if CSC remains  doesn't get to 0.01 for years, it means that it is only being used for an insignificant fraction of the gambling market, which means failure. The math should suggest, in the event of wider adoption, the price would need to be higher. I think the latter is more likely given the drive for more KYC/AML in the gambling industry, by regulators.

I am sure the Foundation has done some serious math on this. Else, they wouldn't be holding only 3 Bn coins as of now. At the price of 0.01, even in the medium term, it will become an unsustainable operation, since surely burn rates will go up after going live. Irrespective of the number of operators. They have clearly indicated that they divest CSC to keep the fires burning, and surely divesting to 0 is suicide for the operation.

My 50 CSC (approx 2 cents at today's prices).

Edited by Fidgetspinner
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12 hours ago, Fidgetspinner said:

First of all, not calling your post FUD. Points of view are respected and very much welcome.

Wouldn't 0.01 over a period of years reflect only speculative interest? And not use case?

IMHO, if CSC remains  doesn't get to 0.01 for years, it means that it is only being used for an insignificant fraction of the gambling market, which means failure. The math should suggest, in the event of wider adoption, the price would need to be higher. I think the latter is more likely given the drive for more KYC/AML in the gambling industry, by regulators.

I am sure the Foundation has done some serious math on this. Else, they wouldn't be holding only 3 Bn coins as of now. At the price of 0.01, even in the medium term, it will become an unsustainable operation, since surely burn rates will go up after going live. Irrespective of the number of operators. They have clearly indicated that they divest CSC to keep the fires burning, and surely divesting to 0 is suicide for the operation.

My 50 CSC (approx 2 cents at today's prices).

this is true. i didn't think of this. thanks for pointing it out. i believe CSC is a great investment otherwise i wouldn't be here. I'm just trying to remain down to earth

Edited by MegaNerd
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I would also add ( which I think Fidgetspinner is basically saying).

The Foundation are all UNPAID.

I don't think the Foundation are doing all this hard graft for maybe 0.01 in a couple of years.

salaries and living costs must be met.

so if csc is at 0.01 in a number of years, I think the project will be dead and we can all pack our bags and go home.

 

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5 minutes ago, Lancsgent said:

so if csc is at 0.01 in a number of years, I think the project will be dead and we can all pack our bags and go home.

Exactly what I was saying. In my own round about way 🙂

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I am not talking price but I do appreciate the support around what we are doing. I love the videos and blog posts 🙂

I also understand some people think it's just prayers to the chorus in an echo chamber and people hyping up each other. Maybe that's because of the Foundation isn't pushing out "meaningless" press releases that cause hype/fomo like most other projects, so people create their own 😄

All I am saying is: If people don't agree or have doubt, don't call it fud right away. It's causing the bad "fake news" taste I get whenever people argue and someone drops that phrase. Let's look at the certain aspects and discuss them 🙂

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52 minutes ago, Lancsgent said:

I would also add ( which I think Fidgetspinner is basically saying).

The Foundation are all UNPAID.

I don't think the Foundation are doing all this hard graft for maybe 0.01 in a couple of years.

salaries and living costs must be met.

so if csc is at 0.01 in a number of years, I think the project will be dead and we can all pack our bags and go home.

 

yes. again, i realize my mistake here of being dramatic with my .01

i also realize as much as i can how hard people are working behind the scenes and wish them all luck and i believe i can speak for everyone here that we appreciate everything they do.

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4 hours ago, Daniel Keller said:

I am not talking price but I do appreciate the support around what we are doing. I love the videos and blog posts 🙂

I also understand some people think it's just prayers to the chorus in an echo chamber and people hyping up each other. Maybe that's because of the Foundation isn't pushing out "meaningless" press releases that cause hype/fomo like most other projects, so people create their own 😄

All I am saying is: If people don't agree or have doubt, don't call it fud right away. It's causing the bad "fake news" taste I get whenever people argue and someone drops that phrase. Let's look at the certain aspects and discuss them 🙂

@Daniel Keller It's wise and measured comments like this that gives so much of faith and trust in the CSC foundation and Team! :good:

Thank You Daniel! :give_heart2:

 

Cindy You... :flirt:

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On 9/10/2018 at 4:55 PM, BlackJack said:

Fairplay @MegaNerd if you think the price will be 0.01 in several years.

We all have our own ideas about our investments. 

 

On 9/10/2018 at 5:04 PM, MegaNerd said:

of course we do. CSC could be $100 in several years for all we know. 

@MegaNerd

I'd much rather be the bull than the bear my friend.. two different outlooks on life.. 

I absolutely respect your opinion!!! But damn, 

Edited by Jack-of-Spade

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9 hours ago, MegaNerd said:

yes. again, i realize my mistake here of being dramatic with my .01

Nothing wrong with a sobering point of view. Introspection and debate is good for any investment such as this. We have all got into CSC at a fabulous point in time. And I'm sure we'll all band together against the FUD if/when it comes. Cheers.

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11 hours ago, MegaNerd said:

yes. again, i realize my mistake here of being dramatic with my .01

i also realize as much as i can how hard people are working behind the scenes and wish them all luck and i believe i can speak for everyone here that we appreciate everything they do.

It's not a mistake, just a different perspective. Some people are naturally cautious others are optimists or mooners (like me!)

I sometimes have to remind myself its possible to make large sums of money from 'internet magic beans'.

I believe CSC is a solid long term investment. I think in 2 - 3 years those of us who HODL will be very happy.

Whilst it stays at these low prices I'll continue to buy as much as I can with money I can afford to lose.

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@BlackJack 

@MegaNerd doesn’t post FUD he is a realist and is very conservative about his price estimates. He is the same on XRPChat and I respect him for that. 

I think we need some down to Earth posts occasionally to keep us all grounded. I am a huge believer in CSC and think $1 is a real possibility one day but u sets and the risks. 

I believe Meganerd is 100% on board. 

Good honest discussion in this thread. Well done it’s heakthy for us. 

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There is a big sell wall at 7 sats, buy orders are pretty thin at 5 sats.

Who're selling this early in the game?

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39 minutes ago, MQB said:

There is a big sell wall at 7 sats, buy orders are pretty thin at 5 sats.

Who're selling this early in the game?

Players - LOL - trying to buy back at 6 or 5 sats or even lower. Stack increasing.

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