Quote from: Speed_CK on July 26, 2017, 11:26:29 AM

Quote from: Scrotum on July 26, 2017, 10:53:49 AM

Quote from: Nashamoto on July 26, 2017, 12:19:07 AM

How long until reptilian's coins confiscated?

I think his assets should be sold, and the M used to either pay debts and/or pay for further development to make CK great again.

Why not both? Debts first, better/more development second.

The first course of action, that hopefully Gringotts will help facilitate, is establishing a going rate for M that could then be used to liquidate Zech's currently unrighteous holdings. If 1 trillion M would go for 1000BTC there would be enough to settle the debt and have some left over to jumpstart development, sort out all of the (many) loose threads in the platform and maybe actually make CK stop being shit pretty quickly.

The reintroduction of so much currency into the market will surely make things interesting for a while as well...

Then you try doing it and you see just how much value was really lost from these few months of crazy and stupidity and sob when you see that $million holdings are now worth $100.

The only way there can be any resolution to this situation through just liquidating M is if M is worth reasonably close or more than what it was worth when the mass withdrawal occurred, and the only way for that to happen is if people reinvest in the game and participate in its market.

If you have value tied in the game right now, the success of the new depositories is pivotal in recovering that value, along with an increase in game trust and solid development direction and progress. Right now, with current levels of activity, involvement, progress and funds in the market... I find that happening hard to believe. I do think it is possible and even likely that it would work, but only if enough people want it to and spend actual effort and resources towards that end.

You can all make a difference if you want to, but the game right now is still in a state of disarray. Lack of direction, no cohesive strategy, illiquid markets, dysfunctional systems, minimal player activity, unproductive development... These are the things really holding CK back right now, not Risto's debt. Solve these and you create easy ways to solve Risto's clusterfuck as well.

At the same time, the game still holds extraordinary value in its potential and the things that do work. Instant transfer of value, long-term assets and holdings, interesting market dynamics, economics, possibility for complex roleplaying and historical simulation, etc. These matters made CK valuable, desirable and worth investing in.

They are still here.

The only things that may be missing now that were present through-out CK's history are abstract matters: trust and promise. These matters have had quite a bit to do with Risto in the past, but they aren't his monopoly. CK is more than Risto. CK is a collective effort that can, and in my opinion, has already moved on and is recovering. If we work collectively and more people take action the trust will be regained, the promise will shine again, and CK's quality and value will grow once more, perhaps much further than before.

Crying over spilled milk and sitting on your thumbs won't do that.

So... help make CK great. Not again, because it's always been shit, it's no less shit now than it was a year ago, but it could be not shit if its potential and direction were properly managed.

Great post! There are enough features now to get more players, gambling, online wallet and exchange functions are enough, plus the game itself is cool, and can be made better with some simple fixes to building module, and if some of risto's M ends up being used to pay for development and other costs then let's do it. I'd like to see him stay and fight a war, but looks likely he'll go, so let's get on with it.

I agree it's time for action, we can all see the problems and complain, but working together to make improvements is THE only hope, and the goal of making M marketcap able to pay b1 debt and have money left over for development is not that difficult, probably a marketcap of 10-12 mil USD for M and we'd have a decentralised leaderless crypto platform with money in reserve from risto's 50% to keep growing.