williamshennie9 Posted October 13, 2018 #1 Posted October 13, 2018 Hey guys! In light of all the criticism of the faucet, I have thought about using a playcoin, which can be used to test out the games on Stake. I frequently hear the mods and admins saying that the faucet gets abused, so I thought, why not remove it and introduce a "playcoin" where users can claim as much of it as they want to test out the games. They won't be able to withdraw it, as it will have no value. What do you guys think of this idea? PS. Please complete the poll as well
gotmebro Posted October 13, 2018 #2 Posted October 13, 2018 9 minutes ago, williamshennie9 said: Hey guys! In light of all the criticism of the faucet, I have thought about using a playcoin, which can be used to test out the games on Stake. I frequently hear the mods and admins saying that the faucet gets abused, so I thought, why not remove it and introduce a "playcoin" where users can claim as much of it as they want to test out the games. They won't be able to withdraw it, as it will have no value. What do you guys think of this idea? PS. Please complete the poll as well play coin vs offline game I see no point here, as the faucet is way better for promoting games, besides why would get rid of it just stop complaining about the amount of it, its good by now. I would rather play 0 sts than a fake coin. it makes new people who don't know about crypto miss understand. Just keep it as it is now. Besides happy hour I love it. Why making too many topics about faucet anyways
Snike Posted October 13, 2018 #3 Posted October 13, 2018 I had a thought about that as well the other day and I think a playcoin is not as "real" as a faucet which you can actually play with until a withdrawal. If you play with a playcoin you could just do a 0 bet... Not much of a reason to play with a fake coin instead of a faucet. I get that if there are 800 players and they all claim 10 faucets 100 sats per day it adds up to a good 0.008 btc but that shows the support towards the players by the casino!
gotmebro Posted October 13, 2018 #4 Posted October 13, 2018 1 minute ago, Snike said: I had a thought about that as well the other day and I think a playcoin is not as "real" as a faucet which you can actually play with until a withdrawal. If you play with a playcoin you could just do a 0 bet... Not much of a reason to play with a fake coin instead of a faucet. I get that if there are 800 players and they all claim 10 faucets 100 sats per day it adds up to a good 0.008 btc but that shows the support towards the players by the casino! totally agreed. It helps grow the community, in a casino, it's quite important if seeing it get crowded and many people doing it (including doing the faucet). And it ways too wrong about creating a fake coin. If someone who knows nothing about the crypto will not know exactly how its work by playing a fake coin while doing a games. I do promote ref and its ways effective when putting there is a faucet of BTC you can try it out and see how it works then there is a fake coin and you can play with it
ceastem Posted October 13, 2018 #5 Posted October 13, 2018 Well i guess the reason is people will be more attracted to play here if they use faucet instead of playcoin because there is a chance for them to turn nothing into something. Even if they do not deposit, they might introduce it to someone and that someone might or might not deposit. Either way it is good for stake to get new players and spread the name for popularity before completely removing the faucet.
gotmebro Posted October 13, 2018 #6 Posted October 13, 2018 2 minutes ago, ceastem said: Well i guess the reason is people will be more attracted to play here if they use faucet instead of playcoin because there is a chance for them to turn nothing into something. Even if they do not deposit, they might introduce it to someone and that someone might or might not deposit. Either way it is good for stake to get new players and spread the name for popularity before completely removing the faucet. yeah I love promoting the site with a line" you can do a faucet for testing" it always gains me more refer. so this is quite true
lolipant Posted October 13, 2018 #7 Posted October 13, 2018 my answer is both. it would be perfect if they introduced a playcoin, which can be trade for real btc/etc/ltc/etc. when they reached the withdrawal amount that way it would be win-win for both user and casino (harder to abuse, each trade need a manual check for possibly abuse, which shouldn't be problem due to how rare (low chance) it is, and it won't mixed up with deposit money, giveaway, etc. while still using provably fair)
wry Posted October 13, 2018 #8 Posted October 13, 2018 I have to think that playmoney is the logical extension of the faucet. Not much difference between play money and 5 Satoshi or .1 Doge. That would also enable getting rid of the captcha. Sad that it came to this, but it seems like the logical conclusion of the path Stake is on.
williamshennie9 Posted October 13, 2018 Author #9 Posted October 13, 2018 I know it's nice to claim "real" money from the faucet, but guys, let's face it, 5 sats = $0.00031393 (there is no way you can convert that into 200k to withdraw). I think it is better to have a playcoin currently, due to the fact that the faucet is being abused. I think it would also take a lot of stress off the admins as well, from having to check if anyone is abusing it, constantly changing it etc. I would also like a playcoin to test out certain martingale strategies , which is not possible with a small balance. Both would be ideal
ScooterPi Posted October 13, 2018 #10 Posted October 13, 2018 I like how some other sites have navigated this issue by creating a play-coin that is convertible at a certain point. Some sites have a sliding scale for this. So, the balance of play-coin you are converting into eth, btc, ltc is variable. The higher your play-coin value, the better percentage of conversion you receive of actual sats. I think this would be a fantastic change for Stake!
EddieFx Posted October 13, 2018 #11 Posted October 13, 2018 I believe the faucet is more valuable and real to the person trying Stake out!
wngo123 Posted October 13, 2018 #12 Posted October 13, 2018 There is already such play-coin. It's called Litecoin.
Moderator luizoruivo Posted October 13, 2018 Moderator #13 Posted October 13, 2018 6 minutes ago, wngo123 said: Litecoin. hahahaha you are right, and what is the point of betting with no real currency, even if is 0.00001$? 1 hour ago, ScooterPi said: I like how some other sites have navigated this issue by creating a play-coin that is convertible at a certain point. This can be a option, I also saw in some sites, it seemed to work fine, but in the stake there is no way to make the exchange in the system so it would take time to apply.
Etude Posted October 14, 2018 #15 Posted October 14, 2018 For me I think that playcoin would be a waste of time even more so than a shrinked small amount of faucet. For example, you end up hitting a magnificent multiplier on a certain game with it only being playcoins use, it would be such a shame and let down.
ScooterPi Posted October 14, 2018 #16 Posted October 14, 2018 2 hours ago, wngo123 said: There is already such play-coin. It's called Litecoin. Wngo - that is an excellent point!! We would not really need a faucet in the other currencies. Just a healthier portion of ltc as a faucet would be very nice!!
bobdole Posted October 14, 2018 #17 Posted October 14, 2018 I would say no to playcoin because you can already test out the games by betting zero. Also think they should just get rid of the faucet or at least change it so you get maybe 100 satoshi every 24 hours because really betting with 5 sat then waiting 3 minutes for faucet is really a pain in the ass.
Etude Posted October 14, 2018 #18 Posted October 14, 2018 2 hours ago, wngo123 said: There is already such play-coin. It's called Litecoin. Still when you somehow made it to a certain amount Litecoin can bring upon great value! Wait until Dogecoin comes along in the coming weeks, now that is even more so play-coin like than Litecoin! 🐕
blueprints Posted October 14, 2018 #19 Posted October 14, 2018 I think it would be pointless to have a worthless playcoin. If a playcoin is used, it should be allowed to exchange for bitcoin. Like a million playcoin exchanged for 100k bitcoin .
Etude Posted October 14, 2018 #20 Posted October 14, 2018 If the playcoin is exchangable to a cryptocurrency of choice after reaching a certain amount then it would actually be a extremely interesting attraction then. E.g. 100,000 playcoins can be exchanged into 10,000 satoshis Much can be done on these basis and concepts to bring more novelty to Stake than it already is now.
ScooterPi Posted October 14, 2018 #21 Posted October 14, 2018 16 hours ago, Etude said: Still when you somehow made it to a certain amount Litecoin can bring upon great value! Wait until Dogecoin comes along in the coming weeks, now that is even more so play-coin like than Litecoin! 🐕 That is very true Etude! I just loooove getting those high multipliers with litecoin - can't wait to try it out with Doge also
DviouS Posted November 1, 2018 #22 Posted November 1, 2018 Personally.. I think there should be both. The playcoin exists on another dice site, and it's nice to have for being able to test different strategies you may have seen or are working on yourself. The actual faucet, is also good to have around. It gives people a chance to turn absolutely nothing, into something.. and at the same time, it gives the website clicks and brings new customers in that have no idea what is going on, but can play an learn that the site can be fun.
jualid Posted November 1, 2018 #23 Posted November 1, 2018 That play-coin is a good idea actually to change the faucet and prevent the faucet abuser.
ekzxc Posted November 1, 2018 #24 Posted November 1, 2018 Doge in faucet can be compared as play coin. So no need for play coin
Moderator hanvee Posted November 1, 2018 Moderator #25 Posted November 1, 2018 playcoin is cool ...but without value is very boring.... faucet small but it value .... so i vote for faucet... nice topic will
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