Quote from: barbeq on January 26, 2017, 09:50:23 AM

Quote from: drewid on January 23, 2017, 04:56:56 PM

im just waiting until the casinos realize that there really isn't anymore floating around on the exchanges, and the only coins left are the hoarders who have been saving for years. that's when the value of csc will go way higher than the initial valuation at $1. .

You seem to have no understanding of how Prypto works. It is a closed loop system. When (if ever) the system goes into production, casinos buy and sell Prypto tokens on a closed exchange. Prypto tokens are not the same as CSC. The Prypto system uses the CSC blockchain as a transaction ledger, no more than that. Casinos have no reason or need to buy CSC. Your assumption that there are "no coins left" is false. Prypto have millions of CSC available to utilise for the closed loop system. Who do you think is the top holders in the rich list. Only if those coins are not sufficient to provide liquidity in the closed loop system, will Prypto arrange for more CSC to be bought in the open market. This is all clearly explained in the paper which GamingCoins posted. Have you read it?

There are mechanisms built into their system to incentivize the purchase of CSC from the pubic markets. From my understanding, many of the fees paid for services such as geolocation and few others that have not launched yet are to be paid with CSC obtained by thrird parties from public markets on an ongoing basis.