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joe91

Casino Coin is the new Ripple Coin.....NOT!/!

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9 hours ago, daniel_wwf said:

We don't facilitate gambling and the foundation was not set up in orde to make it look good on paper. It similar to other foudnations you see in crypto and it is a legal entity. We have a devlopment branch as well, which is known as CSC OP Co LTD registered in Malta. We don't have any "bookie sharks" or "gambling whales" on board. Our Advisors are known in the gambling industry and work for reputable companies. Our team is a mix of ex PokerStars execs and people that actually worked in the industry, as well as people with a background in crypto.

 

For a very small fish like me, PokerStars execs and other people related to that business do look like gambling industry sharks and whales! Also, I read somewhere that CasinoCoin foundation hold approximately 10% if CSC outstanding supply, and if this info is correct, what exactly the foundation is doing with this money?! If the foundation is non for profit, then these money are just sitting idle and are not being used to promote the CSC blockchain and related things. I do not even understand how CasinoCoin foundation can be non for profit. If its job is to promote and develop a business, related to gambling industry, an industry which is one of "holy grails" of capitalism, it must, in my view, be very "for profit" to develop the business as quick as possible and to market and promote the core business aspects to the best possible ability of each CSC spent on such tasks. For me, some aspects of your foundation (such as being "non for profit") sound a bit like communism, but maybe, CasinoCoin foundation uses some new age business techniques that I did not learn in school ;)I am not giving a critique of the foundation or anything of that sort, just telling some points I seem to not understand correctly. Thank You again for finding time to answer questions in this thread. :)

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2 hours ago, joe91 said:

For a very small fish like me, PokerStars execs and other people related to that business do look like gambling industry sharks and whales! Also, I read somewhere that CasinoCoin foundation hold approximately 10% if CSC outstanding supply, and if this info is correct, what exactly the foundation is doing with this money?! If the foundation is non for profit, then these money are just sitting idle and are not being used to promote the CSC blockchain and related things. I do not even understand how CasinoCoin foundation can be non for profit. If its job is to promote and develop a business, related to gambling industry, an industry which is one of "holy grails" of capitalism, it must, in my view, be very "for profit" to develop the business as quick as possible and to market and promote the core business aspects to the best possible ability of each CSC spent on such tasks. For me, some aspects of your foundation (such as being "non for profit") sound a bit like communism, but maybe, CasinoCoin foundation uses some new age business techniques that I did not learn in school ;)I am not giving a critique of the foundation or anything of that sort, just telling some points I seem to not understand correctly. Thank You again for finding time to answer questions in this thread. :)

"non for profit") sound a bit like communism :rofl:

 

CasinoCoin foundation hold approximately 1.3% of total supply. 

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6 hours ago, joe91 said:

For a very small fish like me, PokerStars execs and other people related to that business do look like gambling industry sharks and whales! Also, I read somewhere that CasinoCoin foundation hold approximately 10% if CSC outstanding supply, and if this info is correct, what exactly the foundation is doing with this money?! If the foundation is non for profit, then these money are just sitting idle and are not being used to promote the CSC blockchain and related things. I do not even understand how CasinoCoin foundation can be non for profit. If its job is to promote and develop a business, related to gambling industry, an industry which is one of "holy grails" of capitalism, it must, in my view, be very "for profit" to develop the business as quick as possible and to market and promote the core business aspects to the best possible ability of each CSC spent on such tasks. For me, some aspects of your foundation (such as being "non for profit") sound a bit like communism, but maybe, CasinoCoin foundation uses some new age business techniques that I did not learn in school ;)I am not giving a critique of the foundation or anything of that sort, just telling some points I seem to not understand correctly. Thank You again for finding time to answer questions in this thread. :)

There seems to be a misunderstanding of what "non-profit" and "foundation" means and what those entities do. You can find some information here https://www.ccmalta.com/setting-up-of-foundations-non-profit-organisations and look at "Gaming Malta" as another example. https://maltaprofile.info/profile/2264-GamingMalta

It's about the legal status of the entity. The amount of coins controlled by the foundation can be found here https://csc.observer/account/cDarPNJEpCnpBZSfmcquydockkePkjPGA2. Those coins are used to fund operations. Again, infrastructure, development, and support aren't for free. The foundation doesnt classically facilitate business, because of its legal status it's not allowed to, that's what the Op Co does. 

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5 minutes ago, joe91 said:

I guess time to buy CasinoCoin was 2 weeks ago :cray: I hope CSC will pull out; so I ll get another chance before It explodes!! :girl_cray2:

It's still early man, nothing has gone live yet.  There maybe a pull back. 

The website is not live yet. https://CSC.GoodGaming.com/

 

The real bull run for CSC will be 2020 IMO. 

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You know how these things go... Finally, it is nice to see a positive market reaction to announcements. Needless to say I hope people don't fomo in on "parabolic" charts. Let's see if the volume and activity will stay the same over the next weeks.

I hope this put some prove behind my words when I wrote: "We are working on it".

As always I am happy about all questions, especially the critical ones and I do welcome suggestions on how we can do better.

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On 12/4/2019 at 7:44 PM, joe91 said:

I guess time to buy CasinoCoin was 2 weeks ago :cray: I hope CSC will pull out; so I ll get another chance before It explodes!! :girl_cray2:

CasinoCoin is becoming more active on twitter, these are some good accounts to follow the news:

 

https://twitter.com/mass_adoption 

https://twitter.com/HolyK1cks 

https://twitter.com/CryptMoo 

https://twitter.com/KenKane27600250 

https://twitter.com/daniel_wwf 

https://twitter.com/cryptodeej 

https://twitter.com/_MrJackpots_ 

https://twitter.com/Ermac_CSC 

https://twitter.com/ImTheDebate

https://twitter.com/CasinoCoin

https://twitter.com/CasinoCoin_CSC 

https://twitter.com/MrUseCase1

 

Edited by T800

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On 12/2/2019 at 5:59 PM, daniel_wwf said:

I will have to give you that one. Looking back that could have been handled differently. When we started, our guys took the source, did the changes we needed to launch our ledger and pushed everything back into our repo as a starting point. We keep an eye on Ripples dvelopment and cherry pick from the fetures and changes they introduce. 

I am not a lawyer, which menas I don't want to state the following as an undisputable fact. The repo was published under a license that granted "permission to use, copy, modify, and distribute this software for any purpose with or without fee is hereby granted, provided that the above copyright notice and this permission notice appear in all copies." That's why we kept. However I reuqusted that those images get removed with the next commit.

We have provide a contact option via email which is shown here https://github.com/casinocoin. I addmit this could be handled in a better way and I appreciate you pointed that out. I will make sure that gets sorted as well.

We welcome any inputs that you may have that will help us better our process :)

Well, it's not so much about if you are allowed to do this (except for copyrighted content such as logos, you probably are allowed), my question is more along the lines of why you didn't try the route initially (or now after getting established) to hand in patches to rippled, so it can run both XRPL and the CSC ledger. Instead you just took everything, squashed the history down, added some changes on top and used that as the initial commit. While you are allowed to do that, it is quite an unfriendly move - after all, there were a lot more people involved in writing code for you than the ones listed on https://github.com/casinocoin/casinocoind.

About contacts: You don't have a bug bounty program, right? Also you don't publish an RSA key, so you can be contacted securely (email is unencrypted and more like an "e-postcard")?

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