I just saw the post on the Hacker News. Chancecoin looks like a very promising coin. I just bought a few hundred CHA on the Poloniex. This coin should really be trading at a higher price. Why are there so many big offers posted at low valuations? This creates a downward pressure on the price and makes it harder to get your order filled. If you want to sell, don't show your hand. Either pull your offer or put it at a way higher price. Be patient. We need to get the valuation higher so we can get higher on coinmarketcap, etc. so people take the coin seriously. Worry about capitalizing on your investment later, when you can do it at a better price. It's going to be pretty stupid if all of the initial investors fall over themselves to try to sell for like a 20% gain when we can work together to gain 2000%.
TLDR: Initial investors: please be more patient and don't show your hand on the sell side of the order book. Let's shoot for the sky high valuation this coin deserves. Who's with me?
This makes sense but we want to be completely ethical and let the natural market forces determine where the price equilibrium should be. People who placed offers to sell at low prices do so because they want to make a quick profit. To us this price level actually makes a good opportunity for us to buy another few thousand CHA's. We are planning to add more betting types in the upcoming months, and we believe that we are well-positioned to be the #1 coin in the bitcoin gambling space.
Thanks for your hard work!!!
Yes. Besides of roll dice, these new betting and gambling types can be very easily adde to CHA to gamble in sports, stocks, gold, crude oil and other markets. These will greatly expand the application range of the CHA. Of course, football gambling is also a very big market.