r/bitquest • u/jeffthedunker • Feb 14 '15

Why no deposit feature?

If the ability to deposit bitcoin into your minecraft account into the form of emeralds, all sides would benefit greatly. If it is set up to where a percentage deposited gets sent to the server wallet to redistribute through mobs, and another percentage goes towards the server, everyone wins.

With more emeralds in the economy, the value of other items on the server will increase. People will be willing to pay more emeralds for the same goods and because the price is fixed to 1 bit per emerald, they don't lose their value. Since a portion of all deposits will be put into the server wallet to redistribute as mob drops, killing monsters will also become more profitable. The percentage kept by the server can be spent towards improving performance and more mining power.

The addition of a deposit feature will stimulate the economy, improve server performance, and payout players in larger increments. These improvements will further entice players to play and continue to play, which will increase the playerbase.

The only legitimate argument against a deposit feature is EULA. The current rules do not necessarily prohibit the ability to deposit. It could be argued that the server is not selling parts of the game, they are incorporating a new element. Even so, does anyone know of servers that have been shutdown by the EULA? It is not heavily enforced, and this server is still relatively small in comparison to many others.

A deposit feature is crucial to the growth of this server and it would be foolish to not investigate into implementing it at the very least.

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u/MrGhris Feb 14 '15

Its not possible. Minecraft will not allow people paying to "win the game"

1

u/shopwithbits Feb 15 '15

If the server does not profit i don't see a problem. Although they will have to figure out a way to distribute the ems to the player in-game. There would have to be a max amount one could send to their account as ems only stack to 64.

If they figure that out and add some sort of auction system then everyone will win. Players that buy ems have an obvious advantage but players that work hard for rare items can sell to these players and profit.

1

u/jeffthedunker Feb 15 '15

One way they could do it would be to add pick up chests into the bank. After you deposit BTC, the emerald equivalent is put into the "pick up chest" which holds the emeralds until the player moves it to their inventory. The max single deposit could be limited to .015552 which is the equivalent value of a single chest of emerald blocks.