"other tokens" .. what are these? How do people send other tokens between themselves? Is it always with ETH as gas?

Other tokens - any Ethereum based currency. CHP is one of them.
Yes, always.

That clarifies it! "Ethereum based currency" !!.

Another issue, what is the purpose of this verification? By depositing this one time amount, you achieve nothing different from doing a first time CHP deposit. You just link the CP account to the wallet!

EDIT:
"Yes, always." So in order to send bitcoin you need to have ETH? are you serious?

No. You don't need Etereum to send Bitcoin.

The thing that makes Ethereum unique is its ability to store "Smart Contracts" on the blockchain. So once you have an ERC-20 compatible Etereum wallet, you can store multiple tokens on your Ethereum wallet address. You don't need to create a new wallet every time you purchase a new token...you can store many different tokens on one Ethereum wallet address.

So, what happens when you purchase CHP with an ERC-20 compatible Ethereum address, is that the CHP transaction is permanently stored on the Ethereum blockchain.

This has nothing to do with Bitcoin. Bitcoin doesn't have the ability to store 'smart contracts'.

Bitcoin is like a go cart and Ethereum is like a Delorean(with a flux capacitor).

Bitcoin is it own blockchain (Not ETH token) and you don't need any ETH to send it.

If this question was asked to me.. sorry, I do not have the answer.

As was said above: no. I talked about Ethereum based currencies only.

i don't believe this is true

I just did a quick search and it appears you're right although I didn't read the details. I stand corrected. Thanks.

Many thanks guys .. it makes sense now why they used ETH, not their own currency.

I feel coinpoker on their announcements/white paper and everywhere else focus too much on decentralized RNG feature and way too little on colluding/botting/how instant withdraws and no verification, anonymity ect. will effect cheating overall.(I would not think it make it more secure but actually make it more cheaters friendly).

Does really any non big fish players really think there is much of rigged RNG problem around online poker more then colluding/botting ect.?

Another thing i was thinking about this room and seem sketchy, not scam but sketchy.

How would this room close off if there is need to do it?
Any fiat poker room would pay out you your usd to your ewallet or bank and after doing it start it closing operations.

Let say CoinPoker 6 months/year in don't show enough profit or have some legal challenges (or some other reason) and they have to close down - they pay out all players their CHP but because poker room is closing no one wants buy them from you on exchanges and you are holding CHP token you cannot sell as there is no use for it anymore. Why would anyone buy it if there is no poker room for it.
Seems kinda sketchy you don't know what you do in this situation and you need trust closing poker room do something about it like buy your CHP for some price (probably lot lower then u won/deposited as it price would crash after announcement that poker room is closing down) or something.

Coinpoker Rep do you have any response to that accusation that I have a Spectrocoin balance of CHPs that is incapable of being used or traded at this point? emailing you has only resulted in being told that exact thing........?

@josem

There is no reason to hold CHP tokens except as much as you need for buy-ins. The rest can be in a diversified porfolio of crypto... BTC, ETH, LTC, DASH, XMR, whatever... that will be quite stable and very likely appreciate nicely in the next few years.

As an analogy, there is no reason to hold cash except as much as you need for buy-ins. The rest can be a diversified portfolio like bank, real estate, stocks, gold, whatever. Humans have learned to manage these basic financial instruments... so it's possible that humans will also learn to manage a simple crypto portfolio.

Even quality crypto projects take months to roll out, get the bugs out, code enhancements, get the token trading on multiple exchanges... so patience is a huge plus for crypto investors. CoinPoker has a legit roadmap, a working product, lots of cash, a quality Dev team... which puts it in the top 10% of crypto projects. Most crypto projects are waaaay sketchier. These are junior tech startups like you see on venture exchanges.

It's unfortunate that there's only one Tier III exchange listing (allcoin), but trading is picking up with about $400,000 in CHP traded today and the price is back up HIGHER than the ICO level of 0.00022 ETH.

@Nooseknot

Why would anyone who knows he had unfair advantage by unfair actions in games lock down his funds for small reward long-term and not withdraw unfairly gained funds as fast possible (in this case instantly potentially before anyone realize he been cheating/colluding/botting). How making fish/honest players trust room and lock their funds help actually stop colluding?
I don't see how it solves main issues:
1)Anonymous poker room allows people open multiple anonymous accounts for unfair advantage with some IP changer as you don't really need worry that much as regular room for identity verification for each account or that each account need new payment method as you can just make 100 new myetherwallet accounts anonymously and deposit CHP with them.
2)As annoying it might be to wait for withdraw 24 hours + to withdraw your funds from poker room it allow room check for identity, deposit history, playing history, accounts played most with ect. When you say -- we will not have any of theses checks before anyone can withdraw and advertise instant withdraws you obviously open huge hole in security what benefit cheaters/colluders/botters more then anyone else.

Basically if i plan to cheat with friend on CoinPoker and we get banned, why we can't change our IP and open new accounts one right away with new MyEtherWallets and continue playing on same table? (And every time we do it we get better idea what works and what gets banned) We don't need worry about getting ID checked every time we open account or that we need new payment method for each account + we can deposit/withdraw instantly - right after playing at same table.

When you need pay fee every time you buy CHP to deposit in room for buy-in (Exchange withdraw fee - right now 20 CHP) how does it make sense to keep buy and withdraw to poker room small amount for buy-ins only and keep paying 20 CHP every time you need reload there. Especially for micro/low stakes players it can be big % their deposit if they do it for small amounts over and over and not one bigger withdraw from exchange.
For example if poker room said you need pay 20$ fee for 100$ deposit and you need pay same 20$ fee for 500$-5000$ deposit, it make sense to deposit more right away to cut your fees or keep losing bigger % your deposit.

I am not saying this is bad project or there is no good team, i am saying there is always some change poker room closes for whatever reason (Obviously it can be live for 20+ years also).
But i am saying if it closes down for whatever reason everyone holding CHP probably can be paid out CHP but potentially theses CHP cannot be sold as no one need it without working poker room to play at. I am not even saying it bad thing, but i am saying only that CHP is worth anything only if there is use for it (Poker room where you can use it) and that there is chance to lose all your CHP funds($ you purchased/won them for) if poker room close down because you cannot get rid of your CHP as no one buys it without poker room to deposit it into.

You missed my point, perhaps it is subtle, but I certainly addressed your concerns and I meant to. You entice honest players to identify themselves and that is a great step towards creating a trustworthy environment that recreationals feel comfortable playing in.

When you lock up equity to give some transparency to who you are you create a finite ability to create new credible accounts. And the site should want to favor and reward players that are willing to do so.

So you could have less monitored games for new players and accounts with no equity, and then you can make tiers for better more "monitored" games (or games where players are verified etc.) which require a stake.

I see, now it make sense.
Thanks.

Hey Coinpoker, this is an extremely minor detail... the click when you press buttons is annoying me. Perhaps the interface could be such that one can disable all sounds except for the alert action ding. Also as someone stated earlier in the thread, perma-seat spot selection and a remote switch to sit out from all tables or re-post all tables. Again, these are minor things, and besides this I am really digging the user interface. I like the clean minimal look of everything.
Naturally, I, like many others cant wait to see more exchanges so I can sell my chips to the binance hipsters, then win them back, then re-sell them etc etc.
I also cannot wait to see a large scale marketing campaign. The sooner we can allow the average everyday crypto guy to easily access these chips on an exchange they are familiar with the better. As Im sure you already know.
Keep up the good work. Ill keep lurking. Thanks!

@CoinPoker did you just seriously declared winners of the skin design to some basic tables just because they have the names of the Big Bang Theory? I mean, thats the reason people voted, not because of the looks. Besides those names are just for a screenshot, they wont appear on the tables...Honestly, wtf?? There were other superior designs that didnt get as much votes because they didnt had those names. You had to think critically

Im glad that price has retriced from 0.125 to 0.2 which was absorb.
Still you need good exchnge to get gate for the crypto -its essential
Highrollers or crypto millionares wont buy CHP some ugly scam exchange
Together with good exchange and good promotion i have some hope that it could be some great thing
Mayby TONYG is helping to get highroller to the room. I heard isildur was planning to play there?

I like that CHP coin has some real value -to play poker-unlike others which probably has no value at all(project value)

Hey; is there a way to download hand history from CoinPoker? (I heard you can't use a HUD when playing, which is fine, but I still want to collect my personal data and put it into PT4...)

CoinPoker which uses Tony G as frontface (familiar from poker hoaxes like T6Poker in the past), uses same software as TonyBetPoker (also one of former Tony G ventures) and have problems like not paying winnings from online tournaments in 5 days.

Very trustworthy site indeed. Stay away.

You aren't informed and my reputation in this industry dwarfs yours. This site is doing great and they are clearly working hard on improvements. There is nothing to warrant your warning/caution.

The next boom is coming..

#Blockchain
#SmartContracts
#Ether
#World?xD