I'm confused where is the massive dump after that manipulative wall went away 
only idiots will dump coin kite in 2.5 weeks bitches!+1 thanks for addressing the content of my post and not attacking me personally! I love how nobody includes my post when they quote me so that it can be deleted later and erased from the public eye (why is it so threatening if it is all so untrue?).
But still, you have to pay a monthly fee to get rid of fees? And this doesn't address any of the other issues brought up about coinkite by the people I quoted and people I didn't quote (centralization, bribery, the sparse number of merchant they have, the fact that analogous services will arise soon enough and will likely provide their services for cheaper or free). Why did all these other (larger, wealthier, more established) coin communities decide against it?
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I deleted your quote b/c there was a request on the first page not to quote walls of text. There's no point in have 3 pages with 5 replies. Anything to do with merchants comes with a fee, even coinpayments.net has a .5% fee + tx. Yes the fees are less but it is also an online payment system that wouldn't work in a b&m store, whereas coinkite has a physical terminal system. Short of using wallet to wallet transfer, you will not find a payment gateway that is free with 0 fee charges that offers balance sheets, etc that is needed for a reputable business. You know what they say, if its too good to be true . . . Coinbase, Bitpay, Bitcoin terminals and atms are all centralized now. Do you think overstock or tigerdirect would do business with coinbase or bitpay if they were not centralized, you really think tigerdirect is going to accept bitcoins, then head over to localbitcoins to exchange them for fiat? I agree coinkite has sparse merchants, kind of like bitcoins atms are sparse. They're both fairly new. Given time, they may get more merchants, I'm not saying they'll be the next bitpay, maybe they will, maybe they won't. So just because of the name, you're agreeing with other people saying coinkite is a fraud . . .
+1. I never said they were a fraud, that was just one of the quotes I had in my post from somebody else. My major issues are the ones I reiterated above (centralization, bribery, the sparse number of merchant they have, the fact that analogous services will arise soon enough and will likely provide their services for cheaper or free) and the fees.
The only thing I see about fraud from your post was about the name, cheque kiting, coinkite. For that person to claim fraud just because of the name is far fetched. I've answered your issues about centralization and sparse merchants. The other quotes have been discredited by the pricing faq. Now, about fees, the point being UNTIL those analogous services arise. By then coinkite fees and services may be cheaper as well. Remember those $400+ 300 kh/s btc usb miners or those $30k-40k asics 10 Gh/s btc miners. High prices until analogous products arose. That's just business, any business. And as far as bribery, I'm just going to answer that with, go ask coinbase or bitpay to add mint/gridcoin/peercoin on their payment system.
I agree, to a point. Once again, I never said I thought it was a fraud and that quote was part of a reddit string which contained it and many other quotes and is more so just to show the sentiment expressed by other coin communities towards coinkite. But, in light of everything you just said, it just makes it harder to understand why thousands of people from other coin communities decided this opportunity was not worthwhile. That's where this stems from. If it is a totally great deal like you are making it out to be, than why didn't other coins go through with it? The fact that Dogecoin, Peercoin, Mastercoin, etc did not jump on it in an instant is a red flag to me and I am still trying to rationalize that. They could have very easily raised the money but they consciously chose not to and openly opposed it.
Dogecoin, Mastercoin, and Peercoin communities have plenty of business-savvy people in them who I would think would recognize a good investment when they saw one and they have plenty of wealthy members who would be willing to fork over money for a good investment.
On a positive note: It will probably be very beneficial for all of cryptocurrency if coinkite does well. I'm just still very skeptical.
