Post
Topic
Board Announcements (Altcoins)
Re: [Pre-ANN][BRO] BreakoutCoin | Bergstake | BottlessNight | Gaming Platform +
by
coinspeed
on 24/09/2014, 19:04:09 UTC
Hi all,

Great initiative, but I have some questions:

I understand that BRO will be like chips to a casino, that is, if I want to play, I have to get some at the cashier. So far, this is straightforward,

BUT..

At a "traditional" casino or poker room, when I buy some chips for $100, I know that I will always be able to get back that $100 for those chips. With crypto, it's a little different. Let's say, the price suddenly drops 20% against BTC and BTC drops 5% against USD, and suddenly I only hold 75% value with my BRO coins. Of course, it can also go the other way, but the infamous volatility of crypto currencies will always be a barrier of entry to those who are not at least a little obsessed with crypto.
A solution could be to offer tokens with attached values either in USD or BTC.

Also, if BRO as a currency will be listed on the well known exchanges, you can bet your life on it, that it will be subject to massive p&d schemes, as soon as some serious players see an opportunity in the coin. My point is, that this exposure to heavy price fluctuations could scare off the high rollers from depositing large amounts into their accounts with Breakout Gaming.

This is just me thinking and I could be wrong Smiley