At the moment I see we can play with no rake. Am I wrong?

...but this can go other way around too, you may find your bankroll vanish by (CHP or general) crash on crypto coin market exchange, which will be very painful and stressful, especially after a good run at tables. You might increase your CHP bankroll by good play at poker tables just to find out that your 3000$ BR is now worth 711$ or even less. I am pretty sure this will happen a lot and probably more often than opposite (especially at begining).
So as a poker player I am happy to take risks and gamble at poker tables but I am not so much enthusiastic about "double gambling" where I dont have any control over "second gamble" on market exchanges. Even when we (players) will be offline our chips will stay "on a table" kind of, without our control over it.
I generally like crypto poker idea but I think value of chips on any crypto poker site should be bound to a currency which is not influenced by market (for example USDT - Theter or something similar to be create). At least at the moment because crypto market is VERY volatile and unstable.
Or / and players should be able to instant exchange CHPs to EUR, USD, etc. directly on poker site.
Another problem are fees (on exchange markets, wallets, etc.), they can be quite big, especially for micro and low stake players.
Plus I dont see how you will run micro games at all if suddenly CHP value on market jumps for 1000% (ye, everyone will be happy but still)?
At the moment 1 CHP is worrh around 0.23$, so already now the smallest available cash game is 0,23-0.46$, if market price jumps 10x, the smallest game will be 2.3-4.6$. Will CHP be devided by decimals or?

Good points thanks for your feedback - many are already on the list of improvements and other are noted now thanks!

That's right no rake for now as CoinPoker is still in beta version.

Thank you for your feedbacks!
Yes divisible 18 decimals so no worry about the levels of the game.

Why no 9-max tables?

I second this. For some reason I thought It'd be as simple as using skrill or neteller(I recognize I may sound like a noob) to buy some CHP from the site with dollars, but no, I see now its necessary to first buy ethereum and then exchange it with CHP.

This is probably fine for all the crypto fans and poker regs but for it will likely miss some action from a lot of poker recs at first.

All this however, so long as they include the classic SNGs(9 man turbo, 6max hyper, 6 max turbo), seem arguments not to the detriment of the project as a whole, but rather to it being capable of handling the entire action of any given pro.

lol, my 1st post here since 2013 when I switched to crypto. It's up to poker pros to adapt to the future... not vice versa.

Crypto now moves about $50 billion/day (of which Bitcoin moves 60%, Ethereum moves 20% and about 1000 other cryptocurrencies move the other 20%). That's $18 trillion/year... which is twice the value of all the gold in the world.

Crypto will replace the legacy financial system and processors. 3-5 years from now poker pros will store their rolls anonymously in crypto with some fiat for incidentals or where "legal tender" is required.

CHP will be on several exchanges within 2-3 weeks, will probably be a Top 100 coin and will be easy to buy/sell/trade versus Bitcoin/any other coin/fiat.

Can anyone please explain in laymans terms:

what 1 chip is worth?

How you can buy chips

How you can cash out / exchange them for usd

Posting this as both an active investor and player of Coinpoker.

It is my understanding from the whitepaper and discussions that the 'coinpoker' team will be selling all rake collected from day 1.

I believe this will hinder demand and suppress chances of CHP to increase in value.

I propose that all coinpoker team rake is locked up for 3 months from time of collection and after the time has surpassed to place the collected rake as a sell order in increasing steps on the order books of exchanges rather than market selling.

IMO, this allows for:

- Increased Demand
- Reduced Supply
- Organic Growth
- Winning poker players to have incentive to hold
- Losing poker players to have incentive to buy earlier than later
- The 'company' to attain more value overall out of their CHP holdings raked in.



Looking for thoughts and opinions from all.

0.29$ at the moment (you only can buy them)

Through coinpoker.com and a ETH Wallet.

You can't cash out yet, after the ICO you can.

Can you respond to my PM. How do I cash out of this site? I just lost 250 CHPs because I was bored.Need to know how to withdraw my winnings.

The ICO ends January 26.

This room seems promising and I'm glad to be part of it in the beginning.

If I can add my feedback as well, I'd say that player notes/colors are the most important things to add on the software at the moment, imo.
Also, actions made before player to act should be more visible (with colors like red for all-in, orange for raise, etc.) instead of just a small yellow text with the action made.
Otherwise software is fast and convenient, can't complain so far, hope you keep working hard on it

Why the hell does this look so scammy? Why do I have to read 10,000 words on thier main page in order to understand how it works? Why did they have to make their own fake crypto? I mean seriously this has the signs of a ponzi...

I'm not saying it is.. just asking why the hell they would sell their vision this way.

Also, nobody cares about no rake besides grinders which you don't want. And I'm going to guess there's no table max either which is also really bad... I'm just saying we don't want the crypto version of ACR

so, yes or no, as an american can you cash out of this site? that's really all i need to know.

Hello thank you for your feedback, it might happen in the future according to the requests CoinPoker receives.

Hello withdrawals will be available after the end of the ICO / February.

Does accepting deposits and not allowing withdrawals on your platform for users majorly break your regulator's rules or just in a minor fashion?

You can't withdraw for over a month! So presumably you would have to wait for CHP to hit an exchange before you withdraw? If the value of CHP plummets after ICO then so does the value of the ETH you deposited... hmmmm

Hello thank you for your comment,
At the moment CoinPoker is not allowing withdrawal to prevent people to manipulate the price by selling the CHP won during the freerolls at a lower price than the ICO price.

Hello thank you for your comment,
At the moment CoinPoker is not allowing withdrawal to prevent people to manipulate the price by selling the CHP won during the freerolls at a lower price than the ICO price. We believe that holders of CHP post ICO will benefit from an increase in the price of CHP as demand for coins increases.

That answers ~0% of my question!

Go load up PokerStars or some other big site and check how many people are seated at 9-max tables. It's not a small amount. This shouldn't be an afterthought, it should be a staple.

Thank you for responding.

I'd check it out if you guys allowed players from the US... any idea/update when/if that will be possible?