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[ANN][ICO] CoinPoker: Poker future is today! [ANN][ICO] CoinPoker: Poker future is today!

11-27-2017 , 10:21 AM
Quote:
Originally Posted by PTLou
Fully concur with looooll.

I grew up just north of Chicago. Mt. Ontilt... your post is an embarrassment to yourself and the Chicagoland area as a whole.
+1

And I still live in Chicago
11-27-2017 , 10:34 AM
Quote:
Originally Posted by delavega
The rep said that hand history will not be present, but maybe yes with the use of some converters it could be possible...I d'on't fully understand how it will be structured though.
I don't wanna go off-topic but could you do some examples of these networks or maybe post any thread about?
You likely won't get HHs directly to your computer, so it won't be abc of just converting those HHs to stars histories. I am no expert on converters (plus HUD). They used to be up to normal in the past and they don't need any HHs on your machine. I could think some sites where a converter might be working at this time but I won't. Maybe Holdem Indicator got some HHs where other trackers didn't, or at least it supported more sites.
11-27-2017 , 10:55 AM
Quote:
Originally Posted by pucmo
You likely won't get HHs directly to your computer, so it won't be abc of just converting those HHs to stars histories. I am no expert on converters (plus HUD). They used to be up to normal in the past and they don't need any HHs on your machine. I could think some sites where a converter might be working at this time but I won't. Maybe Holdem Indicator got some HHs where other trackers didn't, or at least it supported more sites.
Kinda unfair how some will be able to screen scrape and have hand history and some will have to play blind.
11-27-2017 , 06:43 PM
Quote:
Originally Posted by The Imp
All questions about ownership have been ignored. Do you have a significant stake in the company? Do you know others that have a significant stake in the company?
I do not own any of the company. My role is as an advisor on game security/game integrity issues.

That said, I've passed along the questions about ownership to my contacts with the company to ensure they're aware.
Quote:
Originally Posted by The Imp
Josem had plenty to say in a Stars thread yesterday about account security - interesting that he has nothing to say here when player funds could be at risk.
I certainly will help a player who wanted assistance in securing their account. The fact that I don't know the answer to every question does not mean that I should not contribute to 2p2 in other ways.
Quote:
[huge pause while he ensures he didn't say "investor in the poker site"]
I'm happy to be held accountable for the things that I do say, but creating fictitious things that I didn't say - like you've done here - is unreasonable.
11-27-2017 , 07:03 PM
Quote:
Originally Posted by Josem
I do not own any of the company. My role is as an advisor on game security/game integrity issues.

That said, I've passed along the questions about ownership to my contacts with the company to ensure they're aware.

I certainly will help a player who wanted assistance in securing their account. The fact that I don't know the answer to every question does not mean that I should not contribute to 2p2 in other ways.

I'm happy to be held accountable for the things that I do say, but creating fictitious things that I didn't say - like you've done here - is unreasonable.
That's a whole lot of words saying nothing.

OK, you don't own any of the company. Who do you know that does? I'd find it hard to believe you took the job knowing nothing about who you're working for.
11-27-2017 , 09:28 PM
Quote:
Originally Posted by The Imp
That's a whole lot of words saying nothing.

OK, you don't own any of the company. Who do you know that does? I'd find it hard to believe you took the job knowing nothing about who you're working for.
It is very obvious who is behind the project and thats Tony G.

CoinPoker uses the same software as TonyG Poker. Users from TonyG Poker were getting emails from the coinpoker. Former site owned by him pokernews was also involved in promoting the new venture. You can say it is only sircumstancial evidence but there is no way Tony G gave the software and players base to someone without having significant stake in the business himself. Simple as that.

But saying it openly will probably discourage a ton of people from participating in this project.

Fwiw this isn't a bad idea. He was completely unsucseful with his TonyG Poker so he rebranded it as a new hot coin poker room and even if he gives like 25% back from the ICO to the community he is still going to net probably 15 mil $+. Not bad and proves he is a smart businesman turning his unsucseful business into a $$$$$ by riding the ICO bubble.


I mean this isn't really a crypto project. They just took the product rebranded it as an ICO and selling it to unaware people that will buy anything if it is called a new cryptocurency.


This site doesn't utilitize any blockchain features in any way they just try to sell the ICO and net the profit. But this is just a standard poker room thats going to use its own currency instead of USD etc.
11-28-2017 , 08:35 AM
Quote:
Originally Posted by KptBomba
It is very obvious who is behind the project and thats Tony G.

CoinPoker uses the same software as TonyG Poker. Users from TonyG Poker were getting emails from the coinpoker. Former site owned by him pokernews was also involved in promoting the new venture. You can say it is only sircumstancial evidence but there is no way Tony G gave the software and players base to someone without having significant stake in the business himself. Simple as that.
In addition to that, SpectroCoin, where the pre-ICO was running exclusively, is a Lithuanian project registered in the UK. Too much coincidences IMHO.

However, I wouldn't give a **** if His Infernal Majesty himself backed this project as long as the business model works. But not too much points in that way.

Why has the platform got to be built on the blockchain? Transparent RNG? Who doubts the integrity of the traditional sites' RNGs except for rigtards. Any real benefit? Impossibility of super user accounts? Total control over your funds? Nope. This is a plain old centralized poker site whose RNG might be decentralized and transparent.

What are then the benefits of using tokens instead of fiat currencies? So that players of regulated markets could be involved? But won't they play then illegally? Will gov'ts just let this happen? Do tokens actually simplify payments? At some point you need to convert fiat money to tokens. This is done (legally) at exchanges but involves a verification process. So are 3rd party payment processors bypassed now? Besides that, will recreational players bother with exchanging tokens?

Many, many questions, not to speak of the pitfalls of the concept pointed out in previous posts (constantly ignored by the rep).

Quote:
Originally Posted by KptBomba
This site doesn't utilitize any blockchain features in any way they just try to sell the ICO and net the profit. But this is just a standard poker room thats going to use its own currency instead of USD etc.
Totally agreed. It seems this project, just as the 90% of the ICOs, tries to address artificial problems while solves no real ones. I don't think it's a pure scam, but it's very likely to fail. Be cautious if you plan to invest in it.

Last edited by Mike Haven; 11-28-2017 at 04:03 PM.
11-28-2017 , 09:23 AM
Quote:
Originally Posted by karambolo

What are then the benefits of using tokens instead of fiat currencies?
.
I think you made the assumption like many others that primary goal of CoinPoker was to build a new, great poker site. I'm not convinced that was their goal. Time will tell if they do build a new, great poker site, so far they have not and given that they are absolutely ignoring their own thread, I'm guessing they dont give two chits about building a new, great poker site.

The goal could have been to just print computer pixels from air and then sell those pixels to poker players for millions and millions and millions. They have done this and will likely continue to do so.

Last edited by PTLou; 11-28-2017 at 09:29 AM.
11-28-2017 , 10:30 AM
Quote:
Originally Posted by PTLou
I think you made the assumption like many others that primary goal of CoinPoker was to build a new, great poker site. I'm not convinced that was their goal. Time will tell if they do build a new, great poker site, so far they have not and given that they are absolutely ignoring their own thread, I'm guessing they dont give two chits about building a new, great poker site.

The goal could have been to just print computer pixels from air and then sell those pixels to poker players for millions and millions and millions. They have done this and will likely continue to do so.
This isn't a new site. This is just TonyG Poker getting rebranded in order to bait people into giving him milions of $$$$ . The site was huge failure and he droped probably decent money into that project. This is just terrible poker room with software and features being years behind the market. The only difference is it uses it own currency.

There is just value in being first. I mean they don't have even any license I believe as of now and there is quite a few you need (UK,be,dk,bg to name a few ). So as a decentralized poker room they will be super small room with hextremly limited liquidity...... And before you say no, they are sharing the license with TonyG Poker this is just a lie or misdirection because most regulators don't allow cryptocurrencies even bitcoins to be used to facilitate transactions. So them saying they are licensed means nothing because they won't be able to operate on basically every regulated marked and will be just left with couple of grey area markets.... So I can't see them ever operating in USA,UK,Belgium,Holand,France,Italy,Spain,Malta,Bul garia,Romania,Czech Republic,Poland and so on and so on)

I mean the biggest advantage of blockchain is the decentralization so you could built a poker room that isn't based on a central server so you can show middle finger to governments and regulation and thats quite a big issue (hence the rapid growth of apps in Asia and lately Australia and USA).

This site is nothing like that. They want to make the money selling you the ICO but the money they get from it they don't even put into growth of the business and just pocket it (well except for 25% or sth they promised to give back to the players in tournaments etc.) After that they are going to still get most of the rake untill people stop playing. It is a brilliant scam tbh. So they are going to pocket like 75% of the money from the ICO and after that most of the money they get from rake... So basically they will suck out more money from the ecosystem than Amaya does . If they were really interested in the success of the room they would put all the money from ICO into the poker room and then make the money from the rake. But no this is just get rich quick scheme. The room will also collapse very fast without anyone puting the money into growth but they aren't interested in it. This is just Tony trying to recup his TonyG Poker investment and make several milions on top of that.

I mean they just want to desperately be the first to offer the poker coin before a lot more advanced and decentralized poker rooms pop up (e.g. Virtue poker??). So they desperately want to do it before everyone.
11-28-2017 , 10:37 AM
Quote:
Originally Posted by KptBomba
It is a brilliant scam tbh. So they are going to pocket like 75% of the money from the ICO and after that most of the money they get from rake...

So basically they will suck out more money from the ecosystem than Amaya does .
great explanation. Sounds like you hit all the salient points.

reposting above snippet just to let that sink in for a moment.

.
11-29-2017 , 04:33 AM
Sick posts by KptBomba
11-29-2017 , 10:19 AM
Quote:
Originally Posted by Sect7G
Who are the owners of this site? Names would be nice.
We apologize for taking the time to answer this question. Your discussions and interest are highly appreciated, however sometimes the details of process have to be kept confidential due to various business agreements, especially with potential future investors.

CoinPoker is owned and run by Processing Fusion LTD, a company registered under BVI laws. At the moment, there are multiple shareholders who are all presented as team members on our website. There is one additional private investor who is not involved in business operations but helped financially to deliver this project from early stages. To answer all the questions if TonyBet and/or its founder Antanas Guoga aka Tony G are the owners of this project, we confirm that they are not.

We have a couple of Call Option agreements with Venture Capital funds from Asia and Europe. Since the pre-ICO was very successful, we hope they will become legitimate shareholders very soon and when they will, we will announce it publicly.

Until any official changes in the ownership of the project are confirmed, this is all we can disclose to you for the time being.

Thank you for your interest in CoinPoker. Wish us luck! We are working hard now to deliver the best possible product.
11-29-2017 , 12:17 PM
Quote:
Originally Posted by Coin_poker
We apologize for taking the time to answer this question. Your discussions and interest are highly appreciated, however sometimes the details of process have to be kept confidential due to various business agreements, especially with potential future investors.

CoinPoker is owned and run by Processing Fusion LTD, a company registered under BVI laws. At the moment, there are multiple shareholders who are all presented as team members on our website. There is one additional private investor who is not involved in business operations but helped financially to deliver this project from early stages. To answer all the questions if TonyBet and/or its founder Antanas Guoga aka Tony G are the owners of this project, we confirm that they are not.

We have a couple of Call Option agreements with Venture Capital funds from Asia and Europe. Since the pre-ICO was very successful, we hope they will become legitimate shareholders very soon and when they will, we will announce it publicly.

Until any official changes in the ownership of the project are confirmed, this is all we can disclose to you for the time being.

Thank you for your interest in CoinPoker. Wish us luck! We are working hard now to deliver the best possible product.
Giving the name of a shell company in the Virgin Islands doesn't make you look any more legit.

If you're not owned by TonyBet how did you gain access to their player database? That's a breach of UK data protection laws, probably elsewhere too.
11-29-2017 , 02:41 PM
Quote:
Originally Posted by Coin_poker
CoinPoker is owned and run by Processing Fusion LTD


Seems more like unclear fusion imo.
11-29-2017 , 05:11 PM
Quote:
Originally Posted by The Imp
Giving the name of a shell company in the Virgin Islands doesn't make you look any more legit.
While I'm not saying this will or should (or shouldn't) satisfy you, they actually went a little beyond this:

Quote:
Originally Posted by Coin_poker
At the moment, there are multiple shareholders who are all presented as team members on our website.
11-29-2017 , 05:44 PM
Quote:
Originally Posted by Bobo Fett
While I'm not saying this will or should (or shouldn't) satisfy you, they actually went a little beyond this:
Bobooooooooooo.

I just googled definition of little, and suprisingly found this.



lit·tle ˈlidl adjective

1.small in size, amount, or degree , the least degree possible where one could say something about themselves but really say nothing at all.
11-30-2017 , 03:29 AM
Just wanted to make sure he didn't miss that part, as it is a fair bit more information than has been provided thus far. Actually, I guess it's similar information to what they provided previously, but they just weren't as clear about it then.
11-30-2017 , 04:37 AM
The developers created a solution with a superuser back door hole and put josem as the responsible head for technology he doesn't understand.

This project is the opposite of security

Good luck, everyone.
11-30-2017 , 04:40 AM
Quote:
Originally Posted by Nooseknot
The developers created a solution with a superuser back door hole
Wait, are you suggesting that they've actually said they have super user access built in like Cereus, or is it that they, like every other poker site so far, aren't able to prove they haven't?

If the former, that's a problem, and I'd like to see the quote. If the latter, you should choose your words a lot more carefully.
11-30-2017 , 04:45 AM
Quote:
Originally Posted by Coin_poker
We apologize for taking the time to answer this question. Your discussions and interest are highly appreciated, however sometimes the details of process have to be kept confidential due to various business agreements, especially with potential future investors.

CoinPoker is owned and run by Processing Fusion LTD, a company registered under BVI laws. At the moment, there are multiple shareholders who are all presented as team members on our website. There is one additional private investor who is not involved in business operations but helped financially to deliver this project from early stages. To answer all the questions if TonyBet and/or its founder Antanas Guoga aka Tony G are the owners of this project, we confirm that they are not.
The software you are using is a reskin of Tonybet's software, is it not? Under what terms are you leasing this software?

With this, along with the emails to tonybet players, the huge promotion on PN and your continual denials of a connection in this thread, it is understandable why posters in the topic are skeptical.
11-30-2017 , 04:58 AM
Quote:
Originally Posted by Bobo Fett
Wait, are you suggesting that they've actually said they have super user access built in like Cereus, or is it that they, like every other poker site so far, aren't able to prove they haven't?

If the former, that's a problem, and I'd like to see the quote. If the latter, you should choose your words a lot more carefully.
I forgot the word "decentralized". Among hacks its a buzz word. In the crypto world they take it very seriously. They added it to this project to imply the RNG is provably secure. It is secure, except there is the possibility of super usability, so its a useless claim.

No one respectable in crypto would do that. And creating a division between your developers and your head of security magnifies that.

This project is OBVIOUSLY insecure. And I reject your implication that you are knowledgeable in this regard.

Josem stands to fall for the for any developer failure and he is not in a position (of knowledge) to oversee their work.
11-30-2017 , 05:05 AM
Quote:
Originally Posted by Hood
The software you are using is a reskin of Tonybet's software, is it not? Under what terms are you leasing this software?

With this, along with the emails to tonybet players, the huge promotion on PN and your continual denials of a connection in this thread, it is understandable why posters in the topic are skeptical.
Our project is secure but your data is not.

Devs: It was Josems oversight

Josems: It was the devs mistake.
11-30-2017 , 05:50 AM
Quote:
Originally Posted by Nooseknot
I forgot the word "decentralized". Among hacks its a buzz word. In the crypto world they take it very seriously. They added it to this project to imply the RNG is provably secure. It is secure, except there is the possibility of super usability, so its a useless claim.

No one respectable in crypto would do that. And creating a division between your developers and your head of security magnifies that.

This project is OBVIOUSLY insecure. And I reject your implication that you are knowledgeable in this regard.

Josem stands to fall for the for any developer failure and he is not in a position (of knowledge) to oversee their work.
I have implied nothing about how knowledgeable I am (or am not), but your uncalled for condescension is duly noted.

My question was a very simple one. You said they have "created a solution with a superuser back door hole". I took that to mean that you were suggesting they have intentionally put in superuser-type access, as Cereus foolishly did, supposedly for testing purposes, I believe. So I was asking you if I understood you correctly, and I don't see how adding the word "decentralized" makes things any more clear.

Given that you're now saying "there is the possibility of super usability" (my italics), it would seem you've answered my question in a roundabout way - that you did not mean there is a known superuser access built in. If so, thanks for the clarification.
11-30-2017 , 06:11 AM
Quote:
Originally Posted by Hood
The software you are using is a reskin of Tonybet's software, is it not? Under what terms are you leasing this software?

With this, along with the emails to tonybet players, the huge promotion on PN and your continual denials of a connection in this thread, it is understandable why posters in the topic are skeptical.
Hood you forgot about the most important piece of the puzzle which is this:
Quote:
Originally Posted by Tonybet Poker
Hi,

Yes, TonyBet and CoinPoker are different brands, but don’t be too quick to judge.

We agreed to share our licenses in some markets to run legal operations under JV agreement (after our regulators confirmed that it is possible to run a poker room in cryptos under the license). We can assure your private data is safe and it was/is/will not be passed to any 3rd party. It was just an informational newsletter about a partnered brand sent to those who might be interested in such project.

So they share licenses,software,share players info use the same media to promote that are linked with the same guy yet somehow they are not owned by the same guy??

Please CoinPoker rep say it again with a straight face.

No sane company would share their licenses unless they share owners. The only other option would be if the other site is a white label of the main site which would mean that coinpoker is just a shell company that owns nothing and was created with the sole purpose of taking peoples money with the ICO and Tony G desperately try to avoid being linked to avoid backlash when it inevitably collapse.

Yeah we all now how warm and lovely our Dear Tony G is so when the guys from coinpoker came to him he said sure guys here is my software,licenses,player base and my connections with poker media. I will also personally claim I support your project and of course I am going to do it for free because I am such a friendly and lovely guy.
Well we all know thats who Tony G is so yeah we believe you CoinPoker rep and deffinietelly Tony G can't be involved in this project as a (main) owner
11-30-2017 , 07:58 AM
Quote:
Originally Posted by Bobo Fett
While I'm not saying this will or should (or shouldn't) satisfy you, they actually went a little beyond this:
Quote:
Originally Posted by Bobo Fett
Just wanted to make sure he didn't miss that part, as it is a fair bit more information than has been provided thus far. Actually, I guess it's similar information to what they provided previously, but they just weren't as clear about it then.
It doesn't provide any information though. They still haven't provided one name - the only member of the team to respond has claimed he owns no part of it (Josem). They're claiming the same for Tony G, everyone desperately wants to avoid being linked to this project financially.

Maybe it's time to add a warning to the thread title?

If this thread was a guy asking for a stake would it be allowed? No personal details, wants funds anonymously, planning to develop a strategy after receiving a stake, says he might be playing from blacklisted countries (but he's sure that'll be fine if you give him money) and refuses to answer questions when all the flaws in his plan are pointed out.

      
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