Topic: [ANN][SCRYPT] KlondikeCoin ★ Cryptsy.com ★ Prepaid VISA Cards ★ 0% Premine [KDC] - page 287. (Read 554420 times)

LOL you think the banners are "cheesy"?

Thanks for breaking it down with real numbers.

No, I'm holding. Would never sell with loss and I still like the coin. I'm the one who bought the Klondike ad on PXL coin, worth almost 0,5 BTC   I just said it would be great if we fix that problem.
Little total supply but so much coins released per day doesn't match really well.

Does that happen to be your 50K sell wall?

I didn't analyze numbers before and it doesn't seem this coin is well designed when I look at your calculations. I have invested a lot of BTC in this coin too (I have around 50K) and I would like too to see change or it will just keep going down. Coinmarket.io is right now full of sell walls, price can't go up if we continue like this.

Thanks

For anyone interested, 50% of the total KDC's will be mined by the first halving.  That's 9,933,000 out of the total 19,958,654.  By the time the second halving comes around, KDC will add another 4,966,500 coins for a total of 14,899,500.

The market cap of KDC will have to be $10 million by the first halving to reach the one dollar everyone is dreaming about.  By the second halving, it has to reach $15,000,000.  In order to reach two dollars, the market cap has to reach $20 million and $30 million.

To put that into perspective, outside of bitcoin, there are less than 10 coins that have a market cap of more than $10,000,000.  All of them, early adopters and widely established.

Kitteh, (MEOW) which went from 2 satoshi to 120 satoshi, has a total market cap of $1,775,585 right now when I checked.

If KDC, even reached that number by the first halving, we are talking about a maximum value of 17,000. not nearly anything close to the one dollar..

I feel the impact of the dilution is severely being underestimated by the community as well as the devs.  Please put these numbers into perspective.  

Upon reviewing these simple but glaring numbers, I am officially out unless the devs change the parameters of the coin to a reasonable level immediately to slow down the flow of newly minted coins.  

Please don't call me a hater, because I am pro KDC all the way.  But look at the numbers.  Can anyone even remotely reasonable say that they think KDC will be at $10-20 million market cap in 3-6 months?  The numbers don't lie.

I have been wondering and analyzing, with all the community support that KDC has gotten, why the price has not gone up and instead is continually going down.  Now I understand why, it should have been obvious if you examined the numbers from the beginning.  KDC is a phenomenon.  In the future I will avoid any coins that have a short maturity date as it will work against the supply/demand model needed to succeed.  It seems the longer the maturity, the more difficult they are to mine and thus more valuable and harder to mine in proportion to the total that will be available.  Altcoins have a short half-life and are designed for a pump and dump, but KDC coins are printing so many new coins a day that it is virtually impossible to pump.

Nice banners !

Actually, the net hashrate has been stable for quite a while now.


For now they do hold up, but that's mostly because people still believe in a big movement in this coin. Either it happens and the price goes up, or it doesn't and they'll eventually get tired of waiting.


For every coin currently held there will be another generated for free by miners before the block halving. And they can, and will, sell.


That would mean a market cap of ~$11 million in the next 2 months. There are currently 10 coins with that cap (9, if you don't count Ripple, 8, if you don't count Bitcoin), and all of them are old, well-estabilished, and most of them have been very innovative at their time.

Im a holder/buyer. Will not sell, even if I need to hold my big bag a year!

haha this coin is valuable. hold to it. $1 proffit is not that far away. don't be discouraged. Whitest dilution could be a strong case, it is not a fact. If a coin's success is measured by that linearly then it would be a  solid fact and the price would be fixed.

few things to consider about the 100k of KDCs a day being mined:

There are a lot more miners trying to mine this coin. therefore a block is distributed to many more wallets.

i have been busy so i haven't kept up with buys/sells but they seem to hold solid and linear

the ones dumping : Weak hands and True-miners (people trying to mine-profit(careless about the coin) )
the ones buying : investors (also part of dumpers , the ones that buy low, sell high) and Holders( the ones that believe this coins will be worth much more)


So what is positive and negative :

Positive :  The buyers/Holders will not let this price go lower. I  mean they invested so much, so they will not sell at lower prices.

Neutral : The investors. these people don't mine. they do not bring any new coins, so they don't hurt the price this way. They do how ever try to buy low. so they can sell hi to Holders to make a profit. The are the one driving the prices up and down a few satoshis. but looking at a large scale they even out to be considered neutral.

Negative : The dumpers . As mention before the true miner. these are the main characters that will drive the price down. they will dump and dump and dump until this coin doesn't have a profitability to mine. Look how the price came down to 09000 already. from a 11000.  The guys are the killers. because the bring in more sellers to the market then buyers and they will buy up all the high buy order , normal buy order and stupid low order that people placed in before.


therefore , what this community need is to increase new buyers to come in and invest money. The game for coin is a superb idea. This community will need more good ideas like that. things that you give coin chances to be traded for good. i already want to get a BF4 game : )


the phenomenom thing about the coinmarket is that there are no rules. if all of the sudden people come into this community the dilution will miningles when there are more hungry investors trying to grab a piece of the pie.

as i said $1 is not hard to achive. you can buy now 0.1 btc worth and then get 1.2 BTC in close future.  

I lost 25,000 doges when the block chain forked and I did nt know about it and didnt update the client. I sent 25k doges to coinex and they never confirmed and I was never able to recover the coins.

You do have a link to the dopecoin topic? Have been searching but unable to find 

I had a similar problem with dogecoin, I think I just waited around 12 hours then the transaction started to get confirmed. I may have restarted the wallet a couple of times but I'm not sure.

Started a little advertising for the coin on a few sites, if you would like to donate https://a-ads.com/campaigns/1655 < Allows direct Anon deposits

Other Sites:
Coinurl.com
BTCGigs.com
+other paid banner spots.

Roger that!!!

Awesome banners

We post once a day, when we need to or when we have something to announce. We are otherwise busy working on the coin when we aren't busy with our day jobs etc .

The coin is not at all dead, anyone that says that is either trolling or mistaken.

All coins have ups and downs, many coins cruise along with a relitivly low volume and sit around the same value, the coins has been out just under a month. Everyone who states 'the coin is dead' needs to have patience and look at the progress that is being made!


EDIT:

Added to that LEAF have now done 3 fixes to the coin to get Kimotos right... we got it in one within a day or so of you guys recommending it +1 KDC

We're here to stay, positivity and perseverance are what adds long term stable value, keep on pushing with us!

coinedup is an extremely unreliable piece of shit

Awesome! Thank You Very Much! Sending 20 KDC your way; would send more but they rest is going to advertising 

On coinedup eh? Nice. More potential volume = good.

I'm still not worried. Give it time.