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chipito

Time for StakeCoins

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Nice theoretical possibility. 

I mean technically, it could work? 

Technically of course, because so many things need to be considered in the real world and with none of the gambling tokens being as high up in ranking at CMC as they’d like to be, Stake really needs to pull off a miracle to beat all of them at their game!

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God, something I'd love to see and @chipito always has the good ideas so nice on you dude for speaking out to the community on this subject. It be a great way to also invest into stake not only as a gambling site, but also Stake has people to rely on the product succeeding especially with these High rollers that eat casino's and walk out. It could also be a great promotion to also get ourselves into a small profit like a form of commission for being part of the project. 

As much as I'd love to see this happen, Eddie I believe has made it clear that Stake are not interested.

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I have seen a lot of crypto gamblings sites that have there own coin. So there would be nothing wrong with a stake coin, use case cut be for gambling or  for dividends.

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20 hours ago, cryptjh said:

I have seen a lot of crypto gamblings sites that have there own coin. So there would be nothing wrong with a stake coin, use case cut be for gambling or  for dividends.

But most of them have their own coins as ''demo'' coins, as I know so far, I haven't find any site which has its own exchangeable coin so far.

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Posted (edited)

There should be a coin (or a token, or whatever) with a fixed value of 1 dollar.

It can be a website database (not a crypto, but just "credits"): Then, I have 1 BTC in Stake, and I can change it for 3900 StakeCoins inside the website. Then I know my 3900 StakeCoins always worth 3900 dollars, even if the BTC goes down. I can even bet with those Stakecoins. In this way, I can save the time of cashing out and trade my BTC for dollars in the exchange.
Also, Stake has the advantage of having more players storing their cryptos on the website: both players and people who play the buy and sell game in the markets.

But, if it were a crypto, you can't set the 1dollar=1 stake coin fixed rate, unless it were centralized. BUt I doubt if people would trust a centralized coin.

 

Edited by Xylber

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3 hours ago, FotisNt said:

But most of them have their own coins as ''demo'' coins, as I know so far, I haven't find any site which has its own exchangeable coin so far.

I'm really surprise to see that no  other casino has a coin that have made it to any exchange, this market much be huge, and even with a  chance for first mover advantages, I know that the eosbet bet-token will end on a exchange one day, they even said that it would happen this quater, but I don't think that they will list it on an exchange that fast.

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I mean that Stakecoin will be announced in near future. Some others online casinos already have own coins. At least integrated in their systems.
But the best one always winning, so Stakecoin come on on the deck!

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Old topic but lol I do wonder what the impact can this cause if Stake really were to initiate in StakeCoins.

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Stakecoins would be fun but not as currency to play. I would rather like stakecoins to be something compared to stocks of a company. By purchasing stsakecoins you purchase a small share in the site. I think it would be fun to become  'shareholder'. And like in business life its also attractive for the company itself. It gives them a boost of capital to roll out more things to expand their business. 

I already have some money aside for the time when I see a new and very interesting gambling project that offers bankroll investment. Its a very nice way of making some extra money.

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