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1 hour ago, Yorkies said:

I'm no expert but won't the idea be that crypto exchanges and banks have near instance remittance in the not to distant future?

You send fiat to a crypto exchange and buy your csc which is then sent to your BRM, you can then play at any casino/bookie accepting csc as you have already been certified. You win and decide to cashout and then reverse the process - all at very fast speed with hardly any waiting time?

The key being a stable price of the coin?

 

 

Be interesting to see how near instant CSC could offer. Using PayPal I can move funds between operators in about 2hrs. However, Paypal itself is not the delay I assume, so there may be an inherent delay at the operator for whatever reason. Removing this delay would certainly bring advantages to players. Not too dissimilar to the banks (although maybe at slightly smaller scale! ;)) I have to pre position funds within certain bookmakers. I lose opportunity / profit when my bankroll is in unusable within transit between withdrawing and hitting my bank account.

But, and it is a massive but, there is no way I could use a solution where there is the currently fluctuation in asset price. Absolutely no way could I work in a way where I withdraw say £1000, but I may end up within 24hrs with £950 or £1050. Also I'd have to constantly move CSC to £ to protect my "float" from changes in real value.

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3 minutes ago, XRP-JAG said:

Be interesting to see how near instant CSC could offer.

I can tell you CSC is lightning quick to transfer between Cfinex and the wallet. I imagine it will more or less be real time if you're playing a hand online, and I can see how appealing it would be for punters to track their gains in a desktop wallet outside of bank ledgers.

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7 minutes ago, Zerpaholic said:

I can tell you CSC is lightning quick to transfer between Cfinex and the wallet. I imagine it will more or less be real time if you're playing a hand online, and I can see how appealing it would be for punters to track their gains in a desktop wallet outside of bank ledgers.

I've no doubt about that part, it's just what the bookmaker is doing on their part.

I might have a Lamborghini*, but I'm still waiting for the car park attendant to open the barrier... ;)

 

Disclaimer: I don't have a Lambo

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28 minutes ago, XRP-JAG said:

Be interesting to see how near instant CSC could offer. Using PayPal I can move funds between operators in about 2hrs. However, Paypal itself is not the delay I assume, so there may be an inherent delay at the operator for whatever reason. Removing this delay would certainly bring advantages to players. Not too dissimilar to the banks (although maybe at slightly smaller scale! ;)) I have to pre position funds within certain bookmakers. I lose opportunity / profit when my bankroll is in unusable within transit between withdrawing and hitting my bank account.

But, and it is a massive but, there is no way I could use a solution where there is the currently fluctuation in asset price. Absolutely no way could I work in a way where I withdraw say £1000, but I may end up within 24hrs with £950 or £1050. Also I'd have to constantly move CSC to £ to protect my "float" from changes in real value.

Yeah, I think the issue is the price of the coin being stable. You deposit and place your sportsbets or play the casino all day and come to withdraw and the coin has dropped 20%  - big problem.

Maybe a more mature crypto market will address these issues in future, it does seem the top coins don't have these massive swings like the lower volume alt coins - once more usage and volume are in place it should be much harder to manipulate the price and reduce the volatility.

XRP should give us a good guide to that :)

 

 

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39 minutes ago, Drozario80 said:

Newbie here.

I have a few questions.

Anyone has any timeline for adoption for CSC by casinos?

Will CSC be used to Bet on Sports?

 

Quote

During our recent team meeting in London, we discussed (amongst many other things) key priorities for the Foundation and individual team members.

https://casinocoin.org/q2-team-meeting-summary/

Edited by DjemDiamond

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And I’m in.

This is a long shot BUT the coin has a good use case and something that I am passionate about. Online betting is huge and I can see what they are looking to do.

The token is so new that the price is only 6 hundredths of a cent and volume is very low.

If you look at the history of some other coins that started at the same price they have gone over a cent and beyond. I’m not even taking about XRP.

I believe there is a good chance during the next bull run for this coin to move very quickly over a cent and maybe well beyond? If so we will get very good returns and this is all on speculation alone. If we get some adoptions then hold on. We only need listing on a reputable exchange and that will drive the volume and price up. 

This is what buying XRP must have been like a few years ago. Tough to buy but you get to own a lot of it.

Good luck to us all. 

 

Edited by Chewiecoin

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1 hour ago, G-Men said:

Question...what is the waiting time on deposit address generating on cfinex... tia

It took about 4 to 5 minutes for me to get my address.

The site is frustrating but it all works well. Just go step by step and take your time.

 

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