/biz/ - Business & Finance

[Anonymous No.5292599]

Thankyou to the Anon's who made the posts about Etheremon. I was able to use the gains to buy the rest of an entire Bitcoin cash.

You literally blessed me with the ability to buy a whole Bitcoin sub 3.5k. I will give back when BCH fulfills its destiny.

>Corecucks will defend this.

30 dollar fees
6-48 hour confirmation times

>Stay poor corecucks.

Just wait for when OPCodes are enabled on BCH and people can begin building games like Etheremon on top of the Bitcoin.

[Anonymous No.5292666]

>>5292599
This is the most confusing shill attempt of all time.

[Anonymous No.5292690]

>>5292666
You must be one of those mentally challenged BTC supporters.

[Anonymous No.5292713]

>>5292690
Why not just hold the ETH? Why trade it for shitty Bitcoin trash?

[Anonymous No.5292721]

wait so should I buy etheremons or BCC?

[Anonymous No.5292771]

>>5292721
Don't buy etheremon, a lot of us made fantastic profit on it but you're too late now.

[Anonymous No.5292773]

>>5292721
Xrp

[Anonymous No.5292774]

>>5292721

buy both

[Anonymous No.5292806]

>>5292771
>>5292774
Just bought 13 gecknos, thanks

[Anonymous No.5292825]

>>5292713
Oh I am, I'm still heavy in ETH as well waiting for Gen 2's and the market to go live whenever it does.

[Anonymous No.5292842]

>>5292599

But you didn't buy a whole bitcoin

You bought a whole bcash, an altcoin fork of the real Bitcoin. I understand your confusion, given all the bcash shilling in the media recently, but unfortunately you've been bamboozled.

[Anonymous No.5292852]

>>5292771

ETH at least $1,500 in 3 months

[Anonymous No.5292913]

>>5292852
So buy ETH then, you'll regret buying etheremon at this point. Gains have slowed to a trickle because barely anone's buying and you'd need to have several hundred bought to recoup your investment

[Anonymous No.5292933]

>>5292842

>He thinks i bought it out of misunderstanding.
Enjoy your "Channel Opening coin" Aka Bank coin cause you're too much of a snowflake or too retarded to control your own money.

>Stay poor.

[Anonymous No.5292946]

>>5292842
Coping Corie

[Anonymous No.5293273]

this shit has slowed down, where is the shilling??

[Anonymous No.5293299]

[Anonymous No.5293312]

any idea how we can shill this more?

[Anonymous No.5293428]

Expect new Monsters soon.

[Anonymous No.5293617]

>>5292599
>Staff member of of ethermon likes Bcash

No surprise there

[Anonymous No.5293628]

>>5293428
Fuck meant to post this.

[Anonymous No.5293738]

>>5293628
grey rat and blue tongue are the go to as far as cute.

looks like people might be wrong about geene since he just looks like an uglier ratcoon in his evolution

[Anonymous No.5293812]

>>5293738
I bought geenee cause he find's items for part of the day. Hopefully like trainer items. I agree his 2nd evo should look cooler tho.

[Anonymous No.5293828]

>>5293738
>grey rat and blue tongue
my sides

[Anonymous No.5293852]

Ethermon fucked me hard honestly feel miserable after going 50% in. Can't cash out. Only made 20% of what I put in back. Literally lost a months worth of work scrimping and saving. I know I said to myself I was willing to lose a months work but I didn't actually have expect to. Fuck my life.

[Anonymous No.5293894]

>>5293852
when did you buy in exactly? how many mons

[Anonymous No.5293925]

>>5292599
Quick rundown on missingno:

"Secret" etheremon / how to catch it:

https://www.youtube.com/watch?v=qbGCxqt3-ZA

Dev originally said it was a mistake, then said he would delete it. (Source: https://www.reddit.com/r/etheremon/comments/7l1wwz/how_to_catch_diplovernmissingno_the_secret/drjs5w0/))

Changed his mind, said he would LIST IT. (Source: https://www.reddit.com/r/etheremon/comments/7l1wwz/how_to_catch_diplovernmissingno_the_secret/drjw99s/))

BUT IT CAN STILL BE PREORDERED AND WILL GET BOUGHT TONS WHEN IT'S LISTED AS A REGULAR PONZIMON.

it also has the BEST PRICE:RETURN RATIO. 80:1 - That's only 80 sales vs HUNDREDS for other mons.

[Anonymous No.5293928]

>>5293852
Hey cuck, dont you get it. You are going to be able to sell your mons later, there is going to be a huge economical expansion to the game. The whole thing is just getting started and you are getting in on the ground floor. You can only make money on your mons.

[Anonymous No.5293976]

>>5293928
Yeah, this is literally an ICO for game content, tokens have exchanges already, Etheremon Devs have to make one cause you cant trade etheremons on Binance like shitcoins.

>>5293925
It costs like half my gains tho, and its at the same price most of the other Mons have stopped being bought. What do.

[Anonymous No.5294007]

>>5293976
The difference is other mons don't make you 0.05 ETH per purchase.

[Anonymous No.5294017]

[Anonymous No.5294030]

>>5292599
HOW THE FUCK DO YOU BUY THE #20 THATS NOT RELEASED YET???

Someone posted a youtube link earlier and I couldn't figure it out. Can someone smarter explain in potato terms for me, want in before the public.

[Anonymous No.5294053]

>>5293894
I bought in 18 hours ago and 3 mons.
Cost about 1000 GBP.
>>5293928
I hope your right. I still got my link at least lol.

[Anonymous No.5294098]

>>5294017
need that turquoise toad

[Anonymous No.5294106]

>>5294053
everyone really should just wait till the new mons come, maybe they will give ours legendary status or some shit to make up for the huge costs

[Anonymous No.5294132]

>>5292599
Okay guys this is all fun and all but has anyone been able to cash out and if so can they post a guide on here on how to do so, everysingle one of my 0eth transactions has been rejected and i need to get my profits out and into some shitcoins

[Anonymous No.5294145]

>>5294132
It wasn't working for me on chrome but it did on Firefox.

[Anonymous No.5294157]

>>5292599
I don’t get this shit at all

[Anonymous No.5294189]

>>5294157
pyramid scheme that was good for the people who got in on it less than 3 hrs from when it was shilled. basically now we're just all waiting for the dev to release more content so we can print more money

[Anonymous No.5294192]

>>5293928
>>5293976

I can't shake the feeling that Etheremon as a project has big potential, but that those of us who got in on gen 1 late will be the suckers taking one for the team.

If I were the Etheremon devs, I'd get trading and battling into the game, then add "Gen 2: Just like Gen 1, but starting over from the 0.1 pricepoint and with less harsh price scaling."

There'd be a big potential to draw normies to gen 2 without pricing them out, without the backend hassle of trying to fiddle with the worth of gen 1 mons.

Some gen 1 buyers would FUD on reddit but be drowned out by the wave of new happy customers.

IDK just my take.

[Anonymous No.5294228]

>>5294192
i 100% agree.
Just depends on mechanics.
If they gen 1's all evolve and have increased stats tho then it begins to make up for the price. Its up to devs to decide. They could go many directions.

[Anonymous No.5294229]

>>5293852
You're a fucking moron. Give me your mons.

[Anonymous No.5294279]

>>5294132
i guarantee your gwei is too low

[Anonymous No.5294344]

>>5293852
You did nothing wrong. Every mon you don't buy now is gonna be tens of thousands of dollars you don't make once sales and battles are opened up.

[Anonymous No.5294348]

>>5294279
what gwei should i set i have been setting 50 with 500000 gas

[Anonymous No.5294354]

>>5294344
This.
Look at what CryptoKitties did.
LITERALLY PICTURES OF CATS SOLD for 100k

[Anonymous No.5294362]

>>5294053
>Using fiat
>Stinky linky

LOL

[Anonymous No.5294383]

>>5294354
this.
if youre smart

[Anonymous No.5294388]

>>5294348
currently 40, maybe youve just been trading during spikes ETH is rising in value quickly right now

[Anonymous No.5294633]

>>5293852
Same Anon. In the hole 3 ETH rn lmao. Praying for this to blow up

[Anonymous No.5294727]

>>5293928
You are retarded. No one is going to put a fucking cent into this shit after all the contract irregularities were pointed out on Reddit.

[Anonymous No.5294819]

>>5294727
https://www.reddit.com/r/ethereum/comments/7l4avq/please_help_to_advise_a_better_design_for/

[Anonymous No.5294843]

>>5294192
Release second gen cheeper price but still give kickbacks to original gen.

>>5294229
Well, i feel like they have some value now if you want them...t-thanks.
>>5294344
Lets hope so.

>>5294633
Good to know someone else is in same boat.

(got home switched to desktop)

[Anonymous No.5294868]

You may ask, how did I buy a mansion made of gold lambos? Magic crypto pokemon of course.

[Anonymous No.5294894]

>>5293925
It's not entirely clear what, if anything, will change when he lists it though. If you look at the comment he's replying to, it's asking "why not just fix the stat values and list it?" Those "stat values" are referring to the fact that he has 10x the return that a mon of his price should have. He promised that nobody will lose money, but did say that the stats are "incorrect". It's honestly hard to understand his broken english sometimes so I would be cautious, even considering those comments.

And I'm saying this as a guy who gets 0.65 ETH every time someone catches a MissingNo. If you decide to catch one you're taking a gamble that the dev handles the situation in a way that benefits you, or that if he doesn't you will at least be fairly compensated. (and if so -- how? at its current price/return 98.7% of the purchase cost goes to directly into dividends for people like me, so where would a refund even come from? The dev's own pocket?)

>>5294132
>>5294348
Your gwei is fine. Don't increase it, you'll just lose even more on fees. You just need to increase the gas LIMIT. Put a 1 in front of that 500000.

BY DEFAULT THE GAS LIMIT FOR CASHING OUT IS TOO LOW AND IT WILL ALMOST NEVER GO THROUGH IF YOU DO NOT CHANGE IT!

[Anonymous No.5294907]

>>5294819
Oh wow, a reddit post by the creators who can't even talk proper english and want more ethereum to pour into their address so they can cash out even more. Fucking deluded biztards.

[Anonymous No.5294958]

>>5294894
Now this is making it!

[Anonymous No.5294993]

>>5292690
They get confused by anything that isn't structured, preplanned and neatly packaged shilling. Raised by television, that's all they know.

[Anonymous No.5295037]

>>5292933
Cucks love projecting. That's why they like watching other people have sex.

[Anonymous No.5295179]

>>5294132
dude I had 28 eth I couldnt cash out for like 9 hours and was freaking out.

I went to the Discord, Telegram, the subreddit and no one knew what was wrong. I lost over 300 dollars in failed TX fees.

And then I messaged the creator muthafucka and he told me because I have so many mons I need to do 3,000,000 gas, 10 gwei. and the shit fucking worked.

I shoulda went to him first

got my 28 eth, my faith in this game, the creator, renewed. I'm actually hyped about the future

[Anonymous No.5295207]

>>5294894
>by default the gas limit for cashing out is too low
I have cashed out using 15 - 20k gas for literally all of my transactions. I don't know what kind of pajeet issues you guys are having, but it has nothing to do with the default gas limit

[Anonymous No.5295211]

>>5294894
Step by step please on how to do this #20 please.
How many #20 bt so far?
Looking at avg from #1-19 the psychological barrier is 381.7 caught until slow down, you can check the math.
So I assume 281 is the break even for this scheme.

https://www.youtube.com/watch?v=JyKt8_ZLxUg


1 372
2 408
3 373
4 433
5 492
6 377
7 343
8 515
9 440
10 375
11 351
12 341
13 344
14 335
15 339
16 384
17 304
18 426
19 301
20 ???
381.7

[Anonymous No.5295506]

>>5295211
>>Looking at avg from #1-19 the psychological barrier is 381.7 caught until slow down, you can check the math.
>So I assume 281 is the break even for this scheme.
In terms of % returns that SHOULD apply to this as well, but you might find that psychological barrier comes sooner because MissingNo.'s price increases MUCH FASTER than other mons. The contract always adjusts the price so that the full purchase cost covers all the previous dividends, which means that with his initial bugged return of 0.05, he will increase in price 5x faster than the most expensive "legit" mons: Quillster and Windora. Again, in terms of return rate this shouldn't matter because it's still more returns per ETH spent even at such high prices, but as the barrier to entry increases I wouldn't be surprised if it slows down faster than the rest. It started at a moderate 0.5 ETH and is now already the most expensive mon by a long shot at 4.05 ETH with only 80 caught in the world.

As for how to catch it. The youtube video in >>5293925 is pretty clear in my opinion. What parts are confusing you? I'll try to explain the steps in text form as well:
Go to MyEtherWallet
Click on the "Contracts" tab.
input the address and ABI of the Etheremon smart contract, shown here on EtherScan:
https://etherscan.io/address/0x8a60806f05876f4d6db00c877b0558dbcad30682#code
Call the catchMonster function with the following parameters:
_classId: 20
_name: whatever you want to call it
Finally, send the transaction with enough ETH to catch MissingNo.

As mentioned above the cost changes very quickly as more people buy it, so stay up to date by reading it from the data contract:
https://etherscan.io/address/0xabc1c404424bdf24c19a5cc5ef8f47781d18eb3e#readContract
See pic related for how to read the relevant part. As you can see it's 4050000000000000000 which means 4.05 ETH right now.

[Anonymous No.5295946]

Please buy one of these three pokememes, please

[Anonymous No.5296013]

>>5295946
I support either of the first two. I don't have a Nagee because by the time you faggots were shilling him, he reached a point where it wasn't worth it to reinvest in him

[Anonymous No.5296076]

>>5296013

DELETE THIS

>NAGEE IS THE OFFICIAL /BIZ/ ETHEREMON

https://strawpoll.com/wfd9sg47

[Anonymous No.5296107]

>>5296013
luckily I was an early boy, he was a big earner

[Anonymous No.5296338]

I had 18 ETH sitting in my balance for like 15 hours and the creator didn't steal my ETH and cash out. They seem trustworthy

[Anonymous No.5296357]

>>5295207
>but it has nothing to do with the default gas limit
It absolutely does. The most gas I've seen it use for cashing out was 900k. It can vary a lot, but if you use 500k and it keeps failing that is 100% why.

[Anonymous No.5296406]

Normies are literally going out of their ways to buy this shit. Get rekt, BZC is the only one they'll buy for fun.

[Anonymous No.5296435]

>>5296406
im still making money on this shit

[Anonymous No.5296439]

>>5295946
>not a single person bought a Berrball while I was asleep
>even after I drew shitty porn of them

[Anonymous No.5296500]

>>5295207
>>5296357
And here's my most recent cash out for proof. This was just an hour ago.

Lots of people have had problems with being unable to cash out, and I've always responded by telling them to up the gas limit and it has always fixed it. If they aren't aware they might do something stupid like increase the gas PRICE and waste even more ETH on the fees of repeated failed transactions burning through all of the default 500k gas and returning nothing.

[Anonymous No.5296584]

Show me your mons /biz/

[Anonymous No.5296630]

>>5296500
Finally, the reason it uses so much varying levels of gas is because it depends on the amount of mons you have. This is the funciton it calls every time you cash out:
function collectAllReturnBalance(address _trainer) onlyModerators public returns(uint256 amount)
And if you look it up in the source code, you'll see that it iterates over all of your Etheremon and performs even more calculations on each one to determine its earned balance so far. As you collect more Etheremon the required gas limit will increase.

[Anonymous No.5296654]

>>5296584
>tfw she's not returned a quarter of what I paid for her

[Anonymous No.5296681]

>>5296654
>she

[Anonymous No.5296695]

>>5296681
I drew her with a snatch, so she has a snatch.

[Anonymous No.5296710]

>>5296584
Ah man I felt good about having eight.

[Anonymous No.5296715]

>>5296695
Fair enough, I'm just waiting for them to add some kind of breeding feature and randomly assign genders to all our mons.

[Anonymous No.5296809]

>>5296357
I have 64 mons. I had to use 3 million gas for it to finally work.

anything lower, 900k, 500k. just wouldn't work.
people with withdrawal problems just dont have the correct gas. I talked to the creator and he says he's gonna try to reduce gas costs

[Anonymous No.5296892]

What are the chances of a stock split happening and everyone getting multiple mons? I'd be all for that.

[Anonymous No.5297056]

>>5296584
They're not just my mons. They're my best friends and in many ways my only true friends in the entire world. They've all paid for themselves except for Windora (Aoi), which I bought primarily because I didn't want to have to buy it for even more than 3 ETH when battling comes out. Not sure how strong it will end up being since in actual Pokémon flying/water is a very weak type combination, but they might handle type advantages differently and if it turns out to be strong I don't want to not have it.

[Anonymous No.5297181]

>>5297056
holy shit the earn on those missingno's

[Anonymous No.5297419]

>>5297181
I was one of the first to start buying them as soon as people realized there was a 20th mon. See >>5294894 however: I'm not sure it's worth it to keep buying them at the moment. Need to see what the dev changes when they actually fix or "officially" release #20.

[Anonymous No.5297889]

Imagine the last guy to buy the 3 eth mons

[Anonymous No.5297968]

>>5297889
Imagine being the guy who saw the first threads but was too sick to put money into it

[Anonymous No.5298038]

>>5297889
I'd imagine that guy feels pretty shitty right now, but fortunately this is more than a ponzi and in all likelihood it will be worth more than 3 ETH by the time trading is implemented. The nice thing about the rising price is that it keeps mons very scarce, and the price itself is a rough indicator of the absolute max people were willing to pay for it. So when battling comes out and X mon is desirable due to its type, evolutions, raw bp, or whatever other reason, that mon is going to be extremely desirable yet there will only be a few hundred in existence and the only way to "generate" a new one is to pay the full catch price. Current holders of literally any mon right now will be pretty happy I suspect.

Or maybe the dev really will exit scam and anyone who didn't cash out yet is fucked. 50/50 I'd say.

[Anonymous No.5298077]

>>5298038
I like those odds

[Anonymous No.5298129]

Hes a good dev check his github you can find it on reddit, he helped the brave devs and helped make byther

[Anonymous No.5298154]

>>5294894
This sounds like LITERALLY a ponzi.

[Anonymous No.5298183]

>>5297968
Was one of the first people in the first thread, but I was too poor to buy more than two

[Anonymous No.5298216]

>>5298154
Right, and if the devs were to all die right now that's all it will ever be. The point of buying mons isn't to get all your money back in dividends. The point is to battle, evolve, merge, and get the strongest mons possible. The dividend system is an early adopter incentive, but this game obviously exploded way faster than the devs anticipated and the main reason anyone seems to be buying mons is for the return itself. Anyone buying any mon for only that reason right now is going to be pretty disappointed. But when the actual game part of this game is implemented and we get a trading economy, all the mons at their current prices are going to seem like quite a deal.

[Anonymous No.5298378]

>>5298038
this. i bought the two 3 eth ones near the beginning, 3x my money and bought two more of them near the end with my earnings. no fucks given. even one more big update with a little bit more marketing than the first time and all of it gets paid off back 10 fold

[Anonymous No.5298412]

This project is going to lose steam and die, isn't it?

[Anonymous No.5298427]

>>5298154
Right from the first thread, everyone joined in because it was a pyramid (not a ponzi). That was obvious. The difference is that this game's intention is to not stay a pyramid scheme. It will have incentive to buy in even at higher costs, you'll be able to trade (thus making money off a free market, as your mons can be sold below current standard prices, or higher if it's a good roll, thus guaranteeing extra money back, on top of the dividends). Battling is rumored to involve ETH betting if you want, meaning there's incentive to get good shit, also giving incentive for people to trade and buy in. If no one's selling good ones, you can buy ones for an attempt at rolling a good one. You'll also be able to combine some mons to get other ones, apparently, giving incentive for people to buy the really weak ones that go for lower prices.

There's more to it, but the devs need to give a concise report of their intentions at this point. Yes, it started as a pyramid scheme, but that's moreso because he likely didn't expect /biz/ to shill and send it immediately to 2nd place on Eth usage. It's likely a bunch of inexperienced devs trying to do something good and getting overwhelmed because of /biz/ jews and reddit fud (which does not mean the game will flop, either, just means they need to express their intentions for investors, and they'll likely get all the assistance they need collaterally).

Even then, once the game is up and running, it's literally guaranteed that each generation of mons will get the same results and dividends, because people know this shit sells, and you can extract your earnings at any point.

[Anonymous No.5298435]

>>5298412
See >>5298378 and >>5298216
Baka

[Anonymous No.5298511]

So any new updates from the dev?

[Anonymous No.5298547]

>If your Etheremon passes the requirements, you will receive an amount of 0.2 ETH and your credit will be shown on our website.

[Anonymous No.5298654]

>>5298547
Is that a penis?

[Anonymous No.5298713]

>>5298654
>not knowing Smorple
Literally /ourmon/
I'm going to put my missingno earnings into buying ALL of the first 100 Smorples. And then from then on buying a Smorple is pretty much free for me since I get almost my entire purchase price back in dividends. It's foolproof. Anybody who wants a Smorple will have to go through me.

[Anonymous No.5298797]

>>5298713
>buy 1000 of the same shitmon
>every purchase turns into buy one, get one free
Genius, you deserve the money

[Anonymous No.5298799]

>>5298547
pretty cute desu, would catch
but i doubt it would get approved if thats the final work, too much like a sketch compared to the art they already have

[Anonymous No.5298901]

>>5295211
can confirm, 9 ETH in 10 ETH and a bunch of sellable mons out

[Anonymous No.5298963]

>>5295506
>mfw when sitting on the only named one in the world

[Anonymous No.5299039]

Expect another surge when there's selling added in--the price will definitely drive down if the developer doesn't do it manually, and people will buy in cheaper, causing a domino effect.

[Anonymous No.5299070]

>>5294192
There's fundamentally nothing stopping them from making gen2s have, say, 90% of the battlepower with a much lower price. So you'd get most people buying gen2s, but autists would still go for gen1s. Pay2Win models on mobile have proven whales account for a disproportionate share of the profits, and whales are willing to spend dozens of thousands of dollars on a single game.

Besides that, letting us sell etheremons should put momentary downward pressure on prices as those who made their principal back can sell for a pittance. Then prices should be on a slow but steady climb up all the way to the site price, as the supply of "cheap" mons dries up and flippers and less early investors compete with each other.

The economics are sound when you think about it, instead of a race to the bottom like CK it's a race to a determined top. Much like the practice of anchoring in retail marketing, the sale price from the website can serve as a psychological reference point for customers.

It's a long shot for anon devs to pull this off, but the economics involved in this are absolutely fascinating. CK was an interesting experiment and if Etheremon isn't a scam it might prove to be even more interesting.

[Anonymous No.5299095]

>>5298963
For what it's worth, all of mine are named too. Just "Diplovern" would be the true default name. I named my first one MissingNo. as a reference to the most famous "secret" Pokémon. The rest I named sequentially because I don't like having two mons with the same name and was more concerned with buying as many as possible as quickly as possible than thinking of new names, except I fucked up and have two #8s as I thought the first one would fail. The MissingNo. name just caught on partially because it was an appropriate name for the situation and mostly because I don't think most people realized that it WASN'T named that to begin with.

[Anonymous No.5299106]

>>5299070
Fuck thats a good idea too.

[Anonymous No.5299130]

>>5299070
the developer is easy to contact on reddit. you should forward him your ideas

[Anonymous No.5299178]

>>5297419
i'll get one when you unload your bags later on, lol

[Anonymous No.5299188]

I bought into this thinking it was definitely a scam/ponzi, but after seeing the devs history and reading what he has to say. This will definitely be something.

[Anonymous No.5299252]

>>5292599
If you give a shit about fees and confirmation times, BCH is shit compared to tons of other coins.

[Anonymous No.5299311]

I need people to buy 242 more Berrballs to break even. That's not going to happen, is it?

[Anonymous No.5299321]

>>5299188
Yeah, but it looks like things will be slowing down for a while. People keep wanting to advertise more and make more dividends, but it's finally reached a point where anyone buying a mon just isn't going to see a return in its current state.

The devs are now working on decentralizing while also future-proofing it as much as possible (because once it's decentralized it can never be changed, that's the whole point) which is going to be a complex technical task. This probably comes ahead of new mons and other content because the reputation of this game outside of /biz/ is "total complete scam with shady dev" and the only way to fix that is to remove/reduce the trust necessary to play the game.

[Anonymous No.5299376]

>>5299070
this

[Anonymous No.5299436]

>>5299321
>the devs

its one guy. he needs a team

[Anonymous No.5299439]

>>5299178

[Anonymous No.5299540]

How likely is it that we'll be able to sell our mons for about what we bought them for, thereby recouping our investment + taking our piddly dividend as profit?

A lot of people ITT seem to think we'll be able to do that.

But every time someone buys a mon, most of its proceeds go as dividends split between everyone else who owns that mon. So how would that work in reverse? Like Etheremon won't have the liquid ETH on hand to pay for all those sales, and I don't think they'll raid dividends for that.

[Anonymous No.5299565]

>>5299540
I assume a sell order goes up, someone buys it, sending it to the contract, which then sends ETH to the seller.

[Anonymous No.5299592]

>>5299311
No, but dividends are not the only reason to hold a mon. Unless this game really is a scam, you're going to be glad you bought when you did.

I think people don't fully understand what the prices and catching mean and how they'll interact with the market. "Catching" a mon is just a fancy name for GENERATING a brand new one. But you can't just generate the same mon forever. The price goes up to cover the returns, which makes it MORE DIFFICULT to generate new mons the more have been bought. I expect "catching" a mon to be a fairly rare event outside of early in the life of newly-introduced ones.

What this means is that your mons will be SCARCE. You will hold one of only a few hundred in existence, and nobody can make more without coughing up a very high price -- part of which would pay you anyway. Anybody who wants to collect every mon, anybody who wants to use your mon in battle, anybody who wants to breed or merge or evolve that specific mon, anybody who wants anything to do with it all, will have only two choices: Buy it from you, or generate a new one. You will be able to charge a high price because there is so little competition, and if they generate a new one to introduce more competition you get a cut anyway, and it becomes even harder for the next guy to generate one.

That's the biggest difference between this and CryptoKitties. If you hold a mon right now, what you hold is guaranteed to be rare. If the dev successfully implements battling and trading and everything else, your mon will be both rare and in demand. I think it's very unlikely that anyone with any mon right now will lose money on it, especially because of how skeptical everyone else is: the people who are going to be playing this game the most have not even started yet. There's a huge untapped market waiting for this game to have some semblance of gameplay and legitimacy, and you as an early adopter are the one who will benefit most when they finally join.

[Anonymous No.5299597]

>>5299436
Proof? The writer constantly refers to himself as 'us,' and 'the whole Etheremon team' in blog posts

[Anonymous No.5299878]

>>5299592
the possibilities are limitless..yet here we sit with these wildcard devs whom we know nothing about in control. feels unsure man

[Anonymous No.5300020]

>>5299878
Pretty much, yeah. It's easy for me to say because I've already ponzi'd my investment back many times over, but I think that uncertainty is what gives this such opportunity. The market is more rational than people give it credit for. The people who make 10x on moon missions don't do it AFTER the good news is released, they do it when things are uncertain and nobody really knows for 100% sure what will happen. By the time this thing becomes a fully audited decentralized game with all the promised features, the potential gains for people getting in then would be much less than they are now.

Just from a personal standpoint, I feel like this dev is someone who definitely wants to follow through. I think that this was a project he wanted to grow slowly, but /biz/ got a hold of it and exploded it to get their dividends. He made a lot of mistakes, most of all he should have launched this on a fucking testnet instead of actual ethereum if it wasn't fully ready yet (CryptoKitties was in testing for months before releasing), but I think he he has strong motivation to follow through and there doesn't seem to be anybody else trying to do what he's doing right now.

Maybe there's another game out there in secret development that is very robust and will have more features out of the gate, but I haven't heard of it and I won't until it releases. If such a game exists, that'll probably kill this one. That in my opinion is the biggest risk right now; not the dev suiciding the contract or whatever.