Quote from: BTCevo on April 23, 2019, 12:53:32 AM

Quote from: hashbingo on April 20, 2019, 08:07:56 PM

I played there back in the days right after the ICO. didn't bought into the ICO cause I do not believe in ICOs. So I started grinding the freerolls to make some money. Won several 1000CHP and the started Omaha cashgames. At a certain time I had a balance of almost 100,000CHP and was lucky to have sold them when they still had a tradable value of over 0.10$. So I made nice money.

I agree with Sygambler. They collected a huge amount of money, but instead of creating a brand new platform they used the former TonyGpoker software which can be purchased for a couple 1000$. I also agree with him that coinpoker is partially responsible for the drop in value. They launched an enormous amount of freerolls and they organized a tournament series with giant CHP prizepools. Most of these tournaments didn't get the amount of players needed to reach the guaranteed prizepools so coinpoker had to top up. a couple million CHP were distributed during that series. So a lot of coins got dumped by those who just were after the chp to be able to cashout on the exchange.

So what is my general thought about coinpoker?

pro's
its a nice site to play tournaments, cashgames, short deck poker.
they finally released their decentralised RNG couple months ago which i think is positive.
desktop client, android and IOS
eth and BTC deposits added.

con's
fooled people during ICO by just using a ready made poker platform script worth a couple thousand $
not much traffic
i heard rumours about house players
huge devaluation of their currency.

So i will keep playing over there in freerolls and small buyin tournaments and try to build some CHP bankroll. Maybe in future value will increase again. But i will not deposit large amounts of mone over there. I rather put a couple 100 or 1000s on well reputed fiat poker rooms like 888poker or pokerstars

ICO is very volatile things, it is either you win huge or lose huge. It is always be like that from the start. But when you start to earn something which is you never believed it why dont you take the money out and use it on other site? You do not believe in ICO why bothering into playing this from the start then?

He already said the he used to play on that website using freerolls meaning he played using the money he got for free from the website. When he got the occasion he sold his earnings and luckily for him it was just at the right time because after that the price of those coins dropped a lot.