Because we have an awesome gamestore, we have a store where you can buy stickers, t-shirts, giftcards (steam, amazon and gamestop. Hopefully EA-games too soon) and condoms for god sake!
*klondoms
Topic: [ANN][SCRYPT] KlondikeCoin ★ Cryptsy.com ★ Prepaid VISA Cards ★ 0% Premine [KDC] - page 167. (Read 554419 times)
March 03, 2014, 05:28:42 PM
Because we have an awesome gamestore, we have a store where you can buy stickers, t-shirts, giftcards (steam, amazon and gamestop. Hopefully EA-games too soon) and condoms for god sake!
*klondoms
March 03, 2014, 05:28:27 PM
iam here since the first day and i will mine klondike till the end ! just bought a second r9 290x sapphire trix yaaaay 
now i have 2x290x and 1 gtx titan 
around 2500 khash
now i have 2x290x and 1 gtx titan around 2500 khash
Nice setup! I love the r9 290's
March 03, 2014, 05:23:43 PM
Placebo - with all due respect the effort to mine a coin does not set the price so none of this is predictive of the future price:
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price.
On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price.
On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
Maybe you're right, maybe you're not. Before the fork was announced KDC was trading at 3500, now we hit 6000 yesterday and today 5000, so indirectly the fork already increase the price.
But of course just changing the structure is not helping the future of KDC, what is helping the future of KDC is
1. Added to coinpayments.net
2. kdcgoods.com website
3. cryptogamecode website
4. Hostdab, and other websites allowing KDC as payment method.
4. New website
In progress:
1. New KDC exchange
2. Manymore
This is a LOT more important then the fork. The fork WAS NEEDED to decrease the deflation (or in fact inflation of coins) and to get the dumpers out of the system. Now 80% of the people that are mining KDC at the moment are believer of KDC, long term believers. Also the KDC has been increased a lot, in fact it almost doubled. New marketing leader, some other people added to the KDC team. KDC has changed from a quiet coin to a active coin.
As i'm sure that you also need to admit that the results of the last few weeks is impressive.
Yes the last few weeks have been impressive, but please remember no one is dumping coin! We don't provide hash rate at a discount. We all want the highest possible price!
Be aware that an 'exclusive' club of 'hoarders' will not attract bidders and higher prices, but rather chase them away as market liquidity in KDC dries up and ALT COIN money seeks more transparent liquid markets.
There is no magic in alt coins just speculative and or illicit dollars on one side and processing power on the other. That's it.
I'm still looking for the explanation of why someone who does not mine KDC would be persuaded to exchange BTC, USD, EUR, whatever for KDC so they could buy something they can already purchse at the same place with the currency they already hold.
We do.
These stores won't get KDC up to $1 tomorrow or next week, but in a month or two.
That's why people should invest in KDC.
Why is Auroracoin trading so high? Why is Doge so big? You could buy the things you buy with Doge, with your BTC... right?
BTC doesn't have a developer, alt-coins does. KDC has great ones and we have a great community.
March 03, 2014, 05:17:56 PM
Placebo - with all due respect the effort to mine a coin does not set the price so none of this is predictive of the future price:
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price.
On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price.
On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
Maybe you're right, maybe you're not. Before the fork was announced KDC was trading at 3500, now we hit 6000 yesterday and today 5000, so indirectly the fork already increase the price.
But of course just changing the structure is not helping the future of KDC, what is helping the future of KDC is
1. Added to coinpayments.net
2. kdcgoods.com website
3. cryptogamecode website
4. Hostdab, and other websites allowing KDC as payment method.
4. New website
In progress:
1. New KDC exchange
2. Manymore
This is a LOT more important then the fork. The fork WAS NEEDED to decrease the deflation (or in fact inflation of coins) and to get the dumpers out of the system. Now 80% of the people that are mining KDC at the moment are believer of KDC, long term believers. Also the KDC has been increased a lot, in fact it almost doubled. New marketing leader, some other people added to the KDC team. KDC has changed from a quiet coin to a active coin.
As i'm sure that you also need to admit that the results of the last few weeks is impressive.
Yes the last few weeks have been impressive, but please remember no one is dumping coin! We don't provide hash rate at a discount. We all want the highest possible price!
Be aware that an 'exclusive' club of 'hoarders' will not attract bidders and higher prices, but rather chase them away as market liquidity in KDC dries up and ALT COIN money seeks more transparent liquid markets.
There is no magic in alt coins just speculative and or illicit dollars on one side and processing power on the other. That's it.
I'm still looking for the explanation of why someone who does not mine KDC would be persuaded to exchange BTC, USD, EUR, whatever for KDC so they could buy something they can already purchse at the same place with the currency they already hold.
March 03, 2014, 05:09:31 PM
iam here since the first day and i will mine klondike till the end ! just bought a second r9 290x sapphire trix yaaaay now i have 2x290x and 1 gtx titan
around 2500 khash
now i have 2x290x and 1 gtx titan around 2500 khash
March 03, 2014, 05:08:14 PM
Placebo - with all due respect the effort to mine a coin does not set the price so none of this is predictive of the future price:
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price.
On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price.
On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
I think the network hashrate has been diminished not because of the planned fork in the coin but because of the unplanned fork that came later and totally shut us down. Hell I even quit mining KDC and jumped back over to digibytes. I was monitoring this thread and when the issue was sorted out I jumped back on and started mining KDC again. 4 Hrs after the planned fork the net hashrate was at 650 mh/s! then the unplanned fork happened. Right now net hash is about 250 mh/s and building. Once everyone gets new wallets and can move coins, trade , etc.. ,with confidence, the net hash rate will rise. I have total confidence in the dev's and the community leaders...The new community leaders are knowledgeable, hardworking, and committed to KDC. KDC will be back and better than before. I plan to keep my miners on KDC and buy as much as possible.
March 03, 2014, 04:58:01 PM
Please have a look at
http://klondikecoin.com/services/
This will give you the latest updates of all available services that KDC is having at the moment. There are a few pending and in fact they still need to add
Hostdab.com
OPS: If you have time, as i totally understand that you guys want to relax a little after those two days. Can you please add Hostdab.com to the list of services. We should be able to add a few more but still waiting for confirmation.
http://klondikecoin.com/services/
This will give you the latest updates of all available services that KDC is having at the moment. There are a few pending and in fact they still need to add
Hostdab.com
OPS: If you have time, as i totally understand that you guys want to relax a little after those two days. Can you please add Hostdab.com to the list of services. We should be able to add a few more but still waiting for confirmation.
March 03, 2014, 04:53:20 PM
Please remember to keep on voting
https://www.mintpal.com/voting
Yesterday everybody was busy to get the fork fixed, and some people really did a great job helping us out, but now we need to make sure that we keep our focus on the marketing aspect.
That's the spirit. I just voted https://www.mintpal.com/voting
Yesterday everybody was busy to get the fork fixed, and some people really did a great job helping us out, but now we need to make sure that we keep our focus on the marketing aspect.
March 03, 2014, 04:51:58 PM
Please remember to keep on voting
https://www.mintpal.com/voting
Yesterday everybody was busy to get the fork fixed, and some people really did a great job helping us out, but now we need to make sure that we keep our focus on the marketing aspect.
PS: If you're new and want to know more about KDC then just join
http://webchat.freenode.net/?channels=klondikecoin
There should always be someone available that would be able to help you.
https://www.mintpal.com/voting
Yesterday everybody was busy to get the fork fixed, and some people really did a great job helping us out, but now we need to make sure that we keep our focus on the marketing aspect.
PS: If you're new and want to know more about KDC then just join
http://webchat.freenode.net/?channels=klondikecoin
There should always be someone available that would be able to help you.
March 03, 2014, 04:50:01 PM
Placebo - with all due respect the effort to mine a coin does not set the price so none of this is predictive of the future price:
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price.
On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price.
On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
Maybe you're right, maybe you're not. Before the fork was announced KDC was trading at 3500, now we hit 6000 yesterday and today 5000, so indirectly the fork already increase the price.
But of course just changing the structure is not helping the future of KDC, what is helping the future of KDC is
1. Added to coinpayments.net
2. kdcgoods.com website
3. cryptogamecode website
4. Hostdab, and other websites allowing KDC as payment method.
4. New website
In progress:
1. New KDC exchange
2. Manymore
This is a LOT more important then the fork. The fork WAS NEEDED to decrease the deflation (or in fact inflation of coins) and to get the dumpers out of the system. Now 80% of the people that are mining KDC at the moment are believer of KDC, long term believers. Also the KDC has been increased a lot, in fact it almost doubled. New marketing leader, some other people added to the KDC team. KDC has changed from a quiet coin to a active coin.
As i'm sure that you also need to admit that the results of the last few weeks is impressive.
March 03, 2014, 04:39:14 PM
Placebo - with all due respect the effort to mine a coin does not set the price so none of this is predictive of the future price:
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price.
On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price.
On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
March 03, 2014, 04:29:14 PM
The build date still shows the same as the last update. Am I missing something?
Feb 27 2014, 18:21:58
Feb 27 2014, 18:21:58
Where/on what wallet are you seeing this? Can you go to the debug console and run the command 'getinfo' and report back the protocol version?
I downloaded the file after it was announced the link on the first page was updated for the Windows wallet. I backed up my wallet.dat file, then deleted all files but the wallet.day in the %appdata%\Roaming\Klondikecoin folder. Updated klondikecoin.conf file with nodes reported as working properly.

{
"version" : 80601,
"protocolversion" : 70002,
"walletversion" : 60000,
"balance" : 48.00000000,
"blocks" : 86176,
"timeoffset" : 1,
"connections" : 8,
"proxy" : "",
"difficulty" : 1.04829164,
"testnet" : false,
"keypoololdest" : 1392345058,
"keypoolsize" : 106,
"paytxfee" : 0.00000000,
"mininput" : 0.00001000,
"errors" : ""
}
Did you follow the instructions on the first page?
Did you download the new windows wallet aswell? As that looks to show the old one. You'll need to delete the folders again and re sync the blockchain using the new wallet.
Windows: http://klondikecoin.com/downloads/KlondikeForWindows.zip
MAC: http://klondikecoin.com/downloads/KlondikeForMac.zip
March 03, 2014, 04:17:49 PM
The build date still shows the same as the last update. Am I missing something?
Feb 27 2014, 18:21:58
Feb 27 2014, 18:21:58
Where/on what wallet are you seeing this? Can you go to the debug console and run the command 'getinfo' and report back the protocol version?
I downloaded the file after it was announced the link on the first page was updated for the Windows wallet. I backed up my wallet.dat file, then deleted all files but the wallet.day in the %appdata%\Roaming\Klondikecoin folder. Updated klondikecoin.conf file with nodes reported as working properly.

{
"version" : 80601,
"protocolversion" : 70002,
"walletversion" : 60000,
"balance" : 48.00000000,
"blocks" : 86176,
"timeoffset" : 1,
"connections" : 8,
"proxy" : "",
"difficulty" : 1.04829164,
"testnet" : false,
"keypoololdest" : 1392345058,
"keypoolsize" : 106,
"paytxfee" : 0.00000000,
"mininput" : 0.00001000,
"errors" : ""
}
Did you follow the instructions on the first page?
March 03, 2014, 04:16:02 PM
The build date still shows the same as the last update. Am I missing something?
Feb 27 2014, 18:21:58
Feb 27 2014, 18:21:58
Where/on what wallet are you seeing this? Can you go to the debug console and run the command 'getinfo' and report back the protocol version?
I downloaded the file after it was announced the link on the first page was updated for the Windows wallet. I backed up my wallet.dat file, then deleted all files but the wallet.day in the %appdata%\Roaming\Klondikecoin folder. Updated klondikecoin.conf file with nodes reported as working properly.

{
"version" : 80601,
"protocolversion" : 70002,
"walletversion" : 60000,
"balance" : 48.00000000,
"blocks" : 86176,
"timeoffset" : 1,
"connections" : 8,
"proxy" : "",
"difficulty" : 1.04829164,
"testnet" : false,
"keypoololdest" : 1392345058,
"keypoolsize" : 106,
"paytxfee" : 0.00000000,
"mininput" : 0.00001000,
"errors" : ""
}
March 03, 2014, 04:15:41 PM
Klondikecoin deposits & withdrawals back up online on coinedup - nice buy support building there too! We have proved ourselves as a community, now lets keep on pushing for wider adoption and recognition!
Old logo back please, really don't like this new one. Yes volume has gone up, I bought and sold a few this week for nice nice profit
March 03, 2014, 04:05:08 PM
Klondikecoin deposits & withdrawals back up online on coinedup - nice buy support building there too! We have proved ourselves as a community, now lets keep on pushing for wider adoption and recognition!
Man that logo looks sweet!
March 03, 2014, 03:57:04 PM
No offense toldy but you sound extremely naive. Everyone is in this to make money. Miners process transactions and are rewarded with coins. What they do with that is their business and if they want to sell them cheap that is their choice. For you to call people out and label them as bad for selling what they mined makes you look dumb imo.
You can make a little money today, or a lot more money in a few months when the coin matures and the market has a new demand for a coin.
If your idea is to only make a little money today, there are more than 100 altcoins you can mine-and-dump and make a little money with..
I've done this successfully (mine-and-hold) before with Bitcoin, and Litecoin already.
Infact he has a point... when you look at the graphs of altcoins, then sometimes it is better to wait, and wait and wait. Not so long again LTC was trading at $2 and it hit $50, now (still) $13, the people that thought mine it and dump it were wrong.
Honestly i'm now mining another coin and i'm holding this one for a very long time, it is worth nothing at the moment but i'm pretty sure that it will be worth something.
About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%.
Will I buy KDC, yes, i will. Will I mine KDC (mmm, not always, sometimes as i like to mine certain new coins and dump then when they hit the market and use those BTCs for KDC, this is what i did with Suncoin and Dopecoin, mine it in the beginning, hit the market, press the sell button)
March 03, 2014, 03:54:23 PM
im back up and running as well.
Thanks all for the help.
Thanks all for the help.
March 03, 2014, 03:54:19 PM
Klondikecoin deposits & withdrawals back up online on coinedup - nice buy support building there too! We have proved ourselves as a community, now lets keep on pushing for wider adoption and recognition!
Old logo back please, really don't like this new one. Yes volume has gone up, I bought and sold a few this week for nice nice profit
March 03, 2014, 03:53:52 PM
Explain to me how a miner who provides hash rate to a coin in exchange for BTC, butterflies, apple sauce or anything doesn't contribute? You do understand it is the hive of the hash that creates the security and 'trust' of the coin don't you? With only a small pool of enthusiastic followers all you have is a low hash coin vulnerable to attack.
A miner providing hash rate to a coin contributes in that single regard, yes.
I supply coins to people willing to buy them. The argument that I somehow cheapen the value of the coin is baseless since the scarcity in this market is that of buyers and as such they set the price regardless of the supply of coins for sale.
This is where your linking is illogical.
The act of dumping coins on the market for the current price "to people willing to buy them", so you can exchange them for BTC just saturates the market before demand can increase.
Miners who believe in a coin should mine and hold those coins whenever possible. Parting with some here and there is fine, but as long as that isn't what you primarily do..
By your recent posts, you fully admit that you mine and then sell them for BTC on a regular basis. This hurts the value of klondikecoin when you do that..
I'm not prepared to get into a long circular debate with you about these basic principles.
With that said, I'm prepared to stand behind my comments and not engage with you any further. I have to get back to my klondikecoin miners..
Wow. Dou you even watch the CoinedUp market for KDC/BTC? The market rarely trades at the ASK and nearly all trades are at the BID. The spread is usually .000005 BTC wide or wider.
No one is 'dumping' coin. Dumping is a practice of selling something for less than the cost to produce to obtain an advantage. Why would a 'for profit' miner dump his coin? He wants the highest price for the coin ALWAYS.
There is no debate here, no hash, no coin its that simple. The current block reward of 16 coins with a market price of .00004BTC supports a net hash of 100Mh/s at the current competitive rate of all coins. That's just what it is mate.
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