Ideal Poker: the Players Revolution - Page 7

What separates Najcoin from other AltCoins?

we know it is based on the Counterparty protocol

we know it is dedicated to poker players

what else?

On December 10 2014 16:56 Silver_nz wrote: What separates Najcoin from other AltCoins? we know it is based on the Counterparty protocol we know it is dedicated to poker players what else?

only the players adoption of it. There can only every be one and only the players can invoke it. Please understand the importance of your question and my answer. You can have infinite type of privatized 3rd party alt coins. But you can only ever have one universal coin sponsored by the community.

So it is not me arguing that my private Naj Coin is the best. It is me explaining that Nash points out an "anomaly" in the sphere of currency evolution. Once you start to think in the concept of different types or quality of a currency you start to identify different currency of different properties.

I recognize the players community coin (naj coin) as an extrapolation of the decentralization of central banking (bitcoin).

You can argue me it should be called Daj coin, or Dap coin, or Silver coin, but regardless the space of a universal player coin exists and there cannot be two....in order to change the name, you need a better argument and foundation than mine, and you won't find it because there isn't one.

On December 10 2014 17:09 AndrewSong wrote:

My friend, when all you do is post images of fry, it is YOU that is trolling, and you that has not shown a single ounce of intelligence.

Any idiot can argue from a stance of ignorance, can you not see this?

All you do is show exactly why bitcoin was created anonymously, its because ignorant people like you. Makes you wonder if the person behind bitcoin didn't spend 10 years talk about it in public lectures while zero people listened to them.

How many Naj coins are currently created?

How many will be created?

How are they going to be distributed to poker players?

digger logic: because bitcoin exploded and immense value was created from 'nothing,' digger can therefore use the poker industry to create his own coin all by posting nonsense on the internet

gud plan

On December 10 2014 19:22 Silver_nz wrote: How many Naj coins are currently created? How many will be created? How are they going to be distributed to poker players?

21 million, we are going to follow bitocins printing rate, 10million to start than 5million etc. Bitcoin goes over 140 years we'll do say 140 days.

Thats it, counterparty site has two purpose that changes the game monumentally in the players favor: 1) you can lock the amount of the asset forever 2) you can exchange it for other assets (essentially including bitcoin).

So the finite-ness is what captures value where as in history you could not make a finite amount that NOBODY could cheat with.

The distribution can be done in any way. At first word of mouth like this, once we get say 5 forums we can have the mods or trusted members pass out the coin, eventually and very easily we can create a faucet that just leaks them slowly. And on a next level we can get sites that aren't the monopoly to give them out in big tournament promotions.

Now you tell me, does Limons argument hold water now, that pros follow the fish? Or is it possible he just players bad "poker" where poker has a new strategy where the pros can use poker coin to entice recreational to play ball. IF you could get some big name pros to understand then you could sway the masses EASY. So now you and others are only left with the argument that all these pros like grinder and harmon that are creating crypto currency coins and sites, are too dull to realize the power of a universal poker coin. That they can see the opportunity of a new kind of poker but they cannot see past the current monopolistic conditions....

I think thats BS, I think these players very soon will realize that a universal poker coin is the obvious solution. And like I said, there can only ever be one.

On December 10 2014 20:41 Skoal wrote: digger logic: because bitcoin exploded and immense value was created from 'nothing,' digger can therefore use the poker industry to create his own coin all by posting nonsense on the internet gud plan

No. I realize what I sound like to you, but read these words carefully: It is ME that is making fun of YOU.

Imagine what it would sound like to get in front of the world and talk to them about bitcoin, something you are about to create. How crazy the world would treat you and how ridiculous it would sound that anyone would accept a world currency that is backed by computational effort.

You see, you are not laughing at ME, you are laughing at the creator of bitcoin, and its not funny anymore you just seem pathetic. People like you are the reason that the inventor is unknown. Now you finally think you know what bitcoin is and you don't. I am telling you what it is, it is a protocol that allows us to create poker coin. That is its power, laughing at that fact is just you being ignorant. I am not making a guess. I am bringing in the truth of this to the community because I have read the material.

All these children say I'm posting nonsense. I am the only person here who has read all of the material...the only one.

u sound like a hardcore christian

he has so much heart though

No one wants to use fake Internet coin that has no use other than poker. Counter party was never made to create a coin targeting the masses. It was made to handle projects such as crowd sourcing and you dont seem to understand that.

Any new coin moving forward will be living off BTC. If you can't see why this is a problem, you really got to understand what makes the price of crypto currency fluctuate and the role exchange has in all of this.

Take a look at litecoin for example,
If you want to cash out lite coin to USD, almost all of the exchange makes you convert it to BTC charging a conversion fee before cashing out in USD having to pay a withdrawal fee again. BTC-e lets you convert it straight to USD but they don't do it themselves. They charge .2% followed by a withdrawal fee of .5 LTC just for linking you with a buyer. The price you sell will most likely be lower than what you had in mind. So think for your self, if litecoin, the 3rd biggest coin is treated like this, what do you expect from a coin used by small group of niche poker players?

On December 11 2014 01:58 AndrewSong wrote: No one wants to use fake Internet coin that has no use other than poker. Counter party was never made to create a coin targeting the masses. It was made to handle projects such as crowd sourcing and you dont seem to understand that. Any new coin moving forward will be living off BTC. If you can't see why this is a problem, you really got to understand what makes the price of crypto currency fluctuate and the role exchange has in all of this. Take a look at litecoin for example, If you want to cash out lite coin to USD, almost all of the exchange makes you convert it to BTC charging a conversion fee before cashing out in USD having to pay a withdrawal fee again. BTC-e lets you convert it straight to USD but they don't do it themselves. They charge .2% followed by a withdrawal fee of .5 LTC just for linking you with a buyer. The price you sell will most likely be lower than what you had in mind. So think for your self, if litecoin, the 3rd biggest coin is treated like this, what do you expect from a coin used by small group of niche poker players?

lite coins market cap is 122 mill. Pokers market cap makes that look like peanuts. The cost of exchange is reducing by the day. And the entire point is as this technology gets adopted there will be no more need to convert to fiat. The whole point is the ridiculous fees will eventually stop the markets from doing so.

you cant print cryptocurrency and rub it on your titties...

On December 10 2014 23:37 diggerflopboat wrote: [QUOTE]On December 10 2014 20:41 Skoal wrote: All these children say I'm posting nonsense. I am the only person here who has read all of the material...the only one.

and youre going to remain the only one lolol

good luck with the revolution

On December 11 2014 18:34 Romm3l wrote: Show nested quote + On December 10 2014 23:37 diggerflopboat wrote: [QUOTE]On December 10 2014 20:41 Skoal wrote: All these children say I'm posting nonsense. I am the only person here who has read all of the material...the only one. and youre going to remain the only one lolol good luck with the revolution

http://www.forbes.com/sites/nathanvardi/2014/12/11/canadian-police-and-provincial-securities-regulators-raid-amaya-and-two-financial-firms/

If you read the material its not my revolution. I'm explaining economic inevitability. Are we ready yet?

Digger may be pushing a pump-n-dump scam coin, but I do think he is doing a service for the poker community overall.

Cryptocoins and online poker are a match made in heaven, freeing people to deposit and withdraw as they like, opening up american market, and greatly lowering costs. It's just a matter of sorting out the details. getting people thinking about cypto and counterparty, and how we can make a better pokerroom has value.

A peer-to-peer poker room with all important information protected in a bitcoin-type blockchain is possible. This would require the creation of a coin that is highly specialized for online poker.

a fucking rake free service would probably get me playing again. get something running and people will play it. the longer it takes the less intersting it sounds, so the smart guys should put something together if they really believed in this whole idea and stop convincing people to like it.

On December 11 2014 19:42 Silver_nz wrote: Digger may be pushing a pump-n-dump scam coin, but I do think he is doing a service for the poker community overall. Cryptocoins and online poker are a match made in heaven, freeing people to deposit and withdraw as they like, opening up american market, and greatly lowering costs. It's just a matter of sorting out the details. getting people thinking about cypto and counterparty, and how we can make a better pokerroom has value. A peer-to-peer poker room with all important information protected in a bitcoin-type blockchain is possible. This would require the creation of a coin that is highly specialized for online poker.

Its the opposite of a scam coin, you don't put any money in, there is no pump. That is the succintness to it.

On December 11 2014 19:51 whamm! wrote: a fucking rake free service would probably get me playing again. get something running and people will play it. the longer it takes the less intersting it sounds, so the smart guys should put something together if they really believed in this whole idea and stop convincing people to like it.

p2p poker room is nearly complete, there are multiple projects that will ultimately merged. But they haven't figured out a way to organize the community. The players need Naj coin to create single unique identifiers, the people that are laughing by comparing bitcoin to naj coin are just ignorant of what bitcoin is.

LIke I said this is inevitable, I'm just pointing out ignorance while we watch.

If anyone wants naj coin lemme know, early adoptors stand to gain and there is no cost or risk to receive some

Under Pressure: http://njpokeronline.net/3366/pokerst...h-igaming-money-system-deals-to-come/

On December 11 2014 20:09 diggerflopboat wrote: Its the opposite of a scam coin, you don't put any money in, there is no pump.

oh I see. and if the value of the coin goes to $1USD per naj at sometime in the future and you just happen to have 4million of them leftover... I guess you wont really benefit at all, right?

On December 11 2014 20:09 diggerflopboat wrote: If anyone wants naj coin lemme know, early adoptors stand to gain

On December 12 2014 15:58 Silver_nz wrote: Show nested quote + On December 11 2014 20:09 diggerflopboat wrote: Its the opposite of a scam coin, you don't put any money in, there is no pump. oh I see. and if the value of the coin goes to $1USD per naj at sometime in the future and you just happen to have 4million of them leftover... I guess you wont really benefit at all, right?

As if you are an abused child you come from a center point of fear. Fair enough, we took that into account. The archaic way is I explain to each and every one of you, the faster way is we each educate ourselves.

There are, for example, only 21 million naj coins, and each of us is able to verify that, which is part of the benefit of the technology.

You will know approximately how many I have based on my wallet id. Perhaps I won't be anonymous and perhaps you will. Perhaps we will "multi wallet" and have some public known addresses and some private ones. It is the new image of poker for example phil g. can have a public account and a secret one. Let the fans and players decide what is "acceptable" and "cool". But we are about to have some trustable mainstream pros declare their crypto accounts publicly.

This becomes the basis for a decentralized id system that fights collusion without costing the general field ANY privacy. It is also costless and natural to set up. http://thewealthofchips.wordpress.com...-identifiers-for-decentralized-poker/

The only cost is the mental transaction of creating a wallet and learning to receive and send a coin

This is why the plan works because it incentives participation. This is what the paper "ideal poker" suggests, and yes it is an exact copy of bitcoin's business model, but you must see the value of its difference. You won't of course until you receive a coin.