there is a lot of things to buy from there. wow
what more do we need to have a better coin price?
Number of coins creation has been reduced massively. Number of websites using Klondike has been skyrocketing. DEV is working on their own exchange where you can buy and sell coins using KDC coins. I believe the only thing we need more is a little more community activity on twitter. and i would suggest all our miners/followers to inform their friends and family, maybe they are also interesting in a few coins. As i said, the current market value of KDC is only $200K so if you have 1000 people owning AND holding $200 KDC coins then there is nothing available anymore, and prices will automatically move higher
The reward reduction will not improve price, only deter net hash.
The absence of sellers dries up liquidity and reduces the efficiency of speculation dollars further driving down price.
You can't hoard your way to prosperity you will only dry up the exchange market depressing price since any illiquid assets is a poor store of wealth.
Being able to purchase goods with mined coins does not create demand for the coin unless the purchase method is exclusively the coin and the product is in demand.
If purchases are made with mined coin, it creates a sell order to BTC since the goods or service provider needs to be paid.
It amazes me how everyone suspends the principles of free markets when they get bitten by the crypto coin bug!
When the dust settles only a few coins will be left and all others will go to zero. It is in the best interest of the KDC community to ensure a liquid market and a healthy hash rate. If you don't believe me look around at Cryptsy or CoinedUp those exchanges are littered with coins that have no trading volume.
And to all of you who think the coin is so cheap please buy some. I have some standing orders around .00006 I'd like to get filled at that price
