Quote from: Karl Hungus on July 25, 2017, 11:19:05 AM

Quote from: acdc on July 25, 2017, 09:59:32 AM

I thought Gringotts was going to start with deposits only, and freeze withdrawals until things improved ...

The final decision should be made by the depo manager, iluvbitcoins, but I am inclined to leave things up to the market now. I had thought that some form of money back guarantee would be needed to attract deposits, but hopefully the S-PT depositor incentives will do that, and if current confidence levels in the Game are such that new money coming in gets a bargain 'M' exchange rate from existing players exiting, so be it. Manipulating the market isn't good, so we might as well rip the band aide off quickly and establish the exchange rate and marketcap from the get-go. Some blood in the streets makes good buying opportunities for those willing to take a chance on the Game recovering. Gringotts wont start market making until we establish at least a ball-park exchange rate for M.

good idea to let the market decide, I'll be buying a few M

Best time to buy anything is at the bottom, most of my best crypto profits came from picking good coins at a bad time