Topic: [ANN][SCRYPT] KlondikeCoin ★ Cryptsy.com ★ Prepaid VISA Cards ★ 0% Premine [KDC] - page 277. (Read 554399 times)

No man we are both saying the same thing so going back in forth makes no sense .. to clear up we are both saying that a fork is necessary (without it there is little reason to discuss further about a shop or whatever).

I posted a while ago that this whole niche is good but basing the technological infrastructure of the coin on the niche is pointless. Basing anything concerning the way the coin is mined off of the niche of the coin makes no sense.

Will price of Potcoin increase because it will take 4 years and 20 days to fully mine? That is just an example of how ludicrous basing the mining off of the niche is. Buyers want mining to be done according to the best economic principles possible, and we want the niche to be the niche!

Edit* For those who are unaware the coin will be fully mined (as it stands now) in 3 years as that is how long the Klondike gold rush lasted.. forget about that and make it right based on what is economically sound and leave the niche to do it's job once the coins are mined!

Because suggestions are met with open arms?   

I made this account a few weeks ago I think.  But Im just sick and tired of all the stupidity a lot of you are saying.  The guy above me thinks it has a chance to reach $2 a coin.  Wtf!!! Its like people dont know how to add or do basic math.  All you are focused on pump and pump and websites and blah blah blah....Cryptsy...I have news for you..Whales know how to do math

I just wrote a longer 4 line message or so but to sum it up; there are wayy less sell orders above 100k and certainly above 200k which means that breaking those walls will allow for infinitely high increase depending on how far a whale decides to go. I pushed wayy back in this thread to pump the price way over 100k because from 100k-800k was maybe a couple BTC in sell orders total (maybe less). We need people to see this coin being worth $2 stable in the long run and that is possible.

At this point dumpers are dumping so the way I see Cryptsy will attract buyers and whales who see that 5000 satoshi is ultimately nothing (we were trading at 25k stable a couple weeks ago!).

If you are so sure about this why creat a new account to tell us?..

I still wan to know what the announcement is for today hopefully that helps

palmface....

You missed the whole point and why I am urging you  to do some basic math.  No f..kin online shop or app or website or Cryptsy is going to change whats happening right now to KDC.  The way the coin is designed, it is virtually impossible to run up 10x or 100X.  Can it happen, yes and I can win the damn lotto tomorrow too.  But is it likely to happen?  F..k no.  The odds are like 10,000 to 1 against.  The odds that this coin will sink to 1,000 is 50/50.  Why in the f..K would I keep this coin when there are dozens of new coins that are more well designed for profit?

The only advantage that KDC has right now is the community has a lot of time and money invested in it.  But good will is fleeting and leaving everytime we see the price sink some more.  The devs can take a risk and do the right thing while we still have a community.  IT is risky for sure to reduce the supply all the sudden and extend the life of the coin.  But, with out this action, we are all DEAD.  NO website, Cryptsy, advertisement is going to save this coin.  It was not well thought out from the beginning.  But we can change and adapt.  There is still a large community willing to invest their time and money if the right changes are made.

I guarantee everyone if the devs reduce the block rewards to 25 coins every ten minutes we will hit 20,000 by the end of the day and it will stay there this time and keep climbing.

Predict is the fun part! Buy @ Rise and Sell @ Dump = win win for everyone? 

Vert is doing ok while ScryptoCash is in the crapper....It's impossible to predict imho

+1 Except that you created this account or rather just starting posting with it a few hours ago   so you are the most mysterious  .

All joking aside this is true and deep down we all know what it takes to have a successful crypto altcoin. It is way to early to say KDC is "de-bunked". Having an actual online shop to buy things with KDC is essential in my view (along with that game code store which is at least a tiny step in the right direction).

The niche is actually a good one and there is no reason the coin is unable to reach $1+ in one year. One year is a very long time in the altworld.. well regardless of all that KDC is still alive. Whatever people think about potential prices means nothing otherwise we would all be getting huge returns consistently on the worst coins. No one knows where the coin will be a year from now.

10x or 100x is possible. At the moment expecting KDC to go from 5000 to 500,000 satoshi is absurd but given that I went through this scenario back when BTC was at $30 and laughed inside at someone predicting it would hit (or could hit) $1,000 by Christmas that year and low and behold it hit $1200+. It has been less than one year since I laughed .. and BTC is x30.

Ultimately you are right all hype aside a coin needs infrastructure to thrive - get a shop up and we will be in a way better position than most any other altcoin.

Make sence,but there is still the fact that Cryptsy might be added to the equation.
Some people think this will save us all like a blessing from god with all the new buyers it will add,I'm not so sure about that myself.

But i assume we need to take everything in perspective,when we talk about this?

And then what? 

The current bag holders sell off with the new price spike creating a whole new set of bag holders.  A couple months from now we're right back where we are right now with a different set of voices complaining about the very same issues, asking for another fork so they can get their quick fix and sell out to a brand new set of bag holders.

Why don't we just cut the problem off at the knees and ask the dev to fork the block target to a 0 coin payout.  One knee-jerk reaction to fix them all!

Here is the dilemma;

If we fork the coin, we risk credibility in the short term.  However, we have a chance to re-launch and gain value and rebound.

If we stay on the same course we are on now, the risk is greater that we fall out of favor and sink into obsolescence due to complete dilution.

Let's face it, we are all in this for the money.  People that are claiming they are holding and remain loyal, this and that for the coin are just trying to salvage anything they can because they are stuck now.  

All you knuckleheads that think this dilution problem is going to go away if we get more websites out and more advertising and spread the good word need to go back to elementary math school.  There is no way the lowest volume coin with the highest dilution rate is going to get to a market cap of 10-20 million.

We are all f'..ked in more ways than the dilution.  These coins trade on hype.  It's all an illusion, anyone who says one gamesite is going to change the total market cap of a coin is delusional.  Do you really think MEOW has any real long term value in the financial world in a few years?  F..k no.  It only made a run because it got pumped and there were people gambling it would trade higher, eventually there will be bagholders for almost all of these copycat coins.  

So why do people buy these coins?  We are all speculating that they may have potential to hit ten times higher and make bags of money.  People buy what they PERCEIVE as valuable and has potential to run up 10x or more in value.  Now that KDC has been widely de-bunked, the enthusiasm to buy and the potential for reward is gone.  So, KDC is now not only lacking hype, it is actually gaining negative hype plus dilution.  The race is on and no website store or Cryptsy or blah blah blah from mysterious posters who cant add or do basic math is going to stop KDC from falling to where its supposed to be trading at.

The only chance we have is to re-launch the coin with a fork.  Advertise it among the KDC community.  It will initially take a nose-dive in Hashing because the profitability will go down so much.  When the price falls people will start scooping them up and guess what?  There will be no sellers because it is too difficult to mine.  Then guess what happens?  The price begins to rise slowly to match the difficulty because there is no supply.  DUH!!

This is the only way KDC survives.  If the devs come back with an updated schedule rah rah rah and no forking and reducing the flow of new coins.  This coin is dead.  Not only must the devs reduce the coins, they must reduce it significantly.  There will be a market adjustment early. buy HEY what better time to do it when BTC is crashing.  They can re-organize and the community is strong enough to support a rebound.  

This is the ONLY way KDC survives.

If we get on Cryptsy and a whale or two buy us up to lets say 0.0002,you don't think there will be a huge dump then? If people are frustrated atm and sell think what a rise about 150% would mean in sellwalls.
Just my tought tho

everybody add and tweet  Wolong @GameOfDeception on twitter to pump Klondike to where it belongs, will be able to spread the word about this coin and also eat away at these sell walls that are keeping us from trading it at a fair price

+1 That is what I'm saying too .. BTC price rising + fork + store to buy things + Cryptsy exposure bringing in a lot of buyers and hopefully at least one whale, etc. will all help in the future. Nothing we can do really about the BTC price except wait it out.

yeah I agree with you its kinda hard to pick apart KDC about anything in particular when its such a new coin and the while altcoin market is taking a dump.  I was just thinking that cryptsy might help in the long run with the amount of KDC being mined per day. 

Anyone who does their research on Cryptsy will see that we need buyers to eat up the gap from 4000-100k satoshi for a huge exponential rise. It will take only a few whales (even one whale) to start a pump above the sell walls up to 100k. Most coins fall AFTER hitting Cryptsy, we need buyers though so KDC has a lot of potential (maybe the most potential) to have one of those massive price increases. The dumping is as bad as it's going to get already (there are literally no buyers) therefore being exposed on Cryptsy seems like it will be beneficial despite what happens to many other coins that get on Cryptsy.

Edit* Most coins fall AFTER hitting Cryptsy - That is already as bad as it's going to get with KDC since we have no buyers. When we get some buyers and a whale or two and the coin becomes much more rare with a fork (hopefully) things will improve.

They have all jumped down i value 

haha It looks about the same as it is now... at least then mining them would be a better profit