Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Altcoin Discussion
Re: CryptoKingdom Uncensored
by
generalizethis
on 04/08/2017, 00:45:47 UTC
Quote from: boomboom on August 04, 2017, 12:41:42 AM
Quote from: generalizethis on August 04, 2017, 12:06:15 AM
Quote from: boomboom on August 04, 2017, 12:00:39 AM
Quote from: generalizethis on August 03, 2017, 10:49:57 PM
If you guys want an M exchange asset (and I can't wait to dish a huge dose of "I told you so") then the CKG Bounty is off the table.

Nothing can happen before,

1. A vote of M holders gives a green light to change things
2. PJ says he is willing and able to make these changes

The advantage of your CKG option is it doesn't require either of the above, and maybe most M holders agree with you, but the worth of the IOU token depends 100% on the credibility of who issues it, and everyone knows E1 iOU was backed by risto and is worthless now despite his good rep when he created it, so too was b1 after he added unbacked tokens into the wild. Reputation can't beat a blockchain for player confidence.

I don't see a problem with your CKG bounty, so keep it, just be realistic about what good it will do. It's not a blockchain solution, and only good if the person who issues it has great reputation, and your bounty only requires reputable exchange, not reputable issuer of the IOU.

I have approx 800mil M, and without a depository I can't buy more M yet, so my voice is small, but I plan to buy M when I can.

When in doubt ask the game owners to decide things.

An M exchange asset is going to create deflation--I've said it enough times for those who are paying attention, and care, to understand the issue--I do not wish you good luck in you or loaf's agenda.


Sorry, I have not seen any discussion of this deflation problem, not sure of the argument, I think having fixed supply for M is a good feature, but it's always possible to increase M in the game by using a genesis account with a virtually unlimited supply of M.

Anyway, there seems to be a lot of animosity here that I was not aware of, or part of, so I'll say no more. The vibe here isn't welcoming to discussion, I seem to have been associated with combatants in a fight I know nothing of.

Be open to other people's opinions, let the players decide based on the tested principal of 'put your money where your mouth is', those who invested in CK should obviously decide things.

That's why we have a 10% M supply to initiate a general meeting. TBH, you rehash a lot of Loaf's arguments and seem to appear every time he starts this argument, so I'm inclined to think you are Loaf--if that isn't true, apologies.

So let's state the deflation problem one last time: Most of the M will go to the exchanges to be traded and leave mostly Zech's worthless stash behind--game may survive this event, but I'm not betting that way if it happens.