Topic: [ANN][SCRYPT] KlondikeCoin ★ Cryptsy.com ★ Prepaid VISA Cards ★ 0% Premine [KDC] - page 460. (Read 554401 times)
January 21, 2014, 03:16:41 PM
i want to see at least 0.00020000 today people, pump that BTC in!!
January 21, 2014, 03:16:06 PM
Awesome Link! Love is Love!! I will send some KDCs
Sweet thanks! I'm mining KDCs for them too.
January 21, 2014, 03:11:39 PM
It has been a problem for many coins and then, after the required hard fork, some of them just died.
It would be a very good idea to be prepared for this kind of situation.
It would be a very good idea to be prepared for this kind of situation.
+1
eToken is very recent example...It's on life support now...Dev nowhere to be found...New window is not ready and they did a fork 1st? What the heck???
January 21, 2014, 03:10:20 PM
I think this coin will have same problems as CAT, RPC and similar that have long diff retarget period. You can already see that, we had almost 1Gh/s yesterday, now we dropped to less than 300Mh/s...Once we lower the diff, hashrate will increase again to unhealthy levels, and on next diff retarget goes back down..ping-pong..to be honest, because doge and other coins, it only draw attention out from us, otherwise they would all mine here and the process I've described above would occur much faster..You should think about some kind of reward system for stable miners and not difficulty hoopers and implement it in the code...seriously, I've been for a while in crypto world, followed most of the coins in past 3 months and I can see the pattern everywhere.
+1
Kimoto's Gravity Well?
+1
I have to agree. History has a habit of repeating itself. If the multipool and coin hoppers join in, the difficulty will swing and there will be dumping. I'm not saying it will happen, but I hope dev would be able to produce a version of KDC with Kimoto's Gravity Well in advance, so we can have a quick and smooth transition. I won't say the F word (no, not that word, you know the one I mean), but the smart thing to do is be prepared.
Foxcoin recently released with Kimoto's Gravity Well and the whales couldn't even instamine it.
I love whales...The kind that's in the ocean
No instamine by the other whales !! Yay!!!!
January 21, 2014, 03:09:58 PM
can anyone explain the mental calisthenics people go through to figure coins like 42 are "rare." If all you do is move decimals around and make the fractions smaller isn't it the same thing. Does it really matter that there are "only" 42 coins as the trades end up being in even smaller fractions. Maybe I'm not making my point right but I hope you get what I'm saying. Like if it only went to the 7th decimal THAT would make the coin rare but. Also I hate that we have to depend on Corraptsy to safely exchange!
No, it doesn't matter at all and it's not rare. Rare would be if there is 0,00000003 in total and only 3 persons have something. In 42, less coins than normal are distributed but over the same period of time aprox and you have enough decimals so everyone can have.
January 21, 2014, 03:07:26 PM
Awesome Link! Love is Love!! I will send some KDCs
January 21, 2014, 03:04:49 PM
can anyone explain the mental calisthenics people go through to figure coins like 42 are "rare." If all you do is move decimals around and make the fractions smaller isn't it the same thing. Does it really matter that there are "only" 42 coins as the trades end up being in even smaller fractions. Maybe I'm not making my point right but I hope you get what I'm saying. Like if it only went to the 7th decimal THAT would make the coin rare but. Also I hate that we have to depend on Corraptsy to safely exchange!
No, it doesn't matter at all and it's not rare. Rare would be if there is 0,00000003 in total and only 3 persons have something. In 42, less coins than normal are distributed but over the same period of time aprox and you have enough decimals so everyone can have.
January 21, 2014, 03:01:59 PM
can anyone explain the mental calisthenics people go through to figure coins like 42 are "rare." If all you do is move decimals around and make the fractions smaller isn't it the same thing. Does it really matter that there are "only" 42 coins as the trades end up being in even smaller fractions. Maybe I'm not making my point right but I hope you get what I'm saying. Like if it only went to the 7th decimal THAT would make the coin rare but. Also I hate that we have to depend on Corraptsy to safely exchange!
January 21, 2014, 02:58:11 PM
We are looking into ways we can improve the coin and the difficulty swings (the swings are worse than i had initially expected when i answered your question at the start of this thread) that being said i am not concerned as we will be evaluating this and resolving it where necessary.
We have plans and services in the pipeline in order to cement ourselves as a necessary alt, not just another alt coin so will work in that respect to deter hoppers and encourage a stable value. Details on what i am talking about exactly will be released later on down the line when we have began that phase of the project
Anyhow, prepare to fire up your trading hands. We should be good to go on coinmarket.io again shortly We did so well to get 18BTC of volume in less than 24 hours with downtime, now we have to start again
Cryptofountain looked to drop but picked back up again.
We have plans and services in the pipeline in order to cement ourselves as a necessary alt, not just another alt coin so will work in that respect to deter hoppers and encourage a stable value. Details on what i am talking about exactly will be released later on down the line when we have began that phase of the project
Anyhow, prepare to fire up your trading hands. We should be good to go on coinmarket.io again shortly
We did so well to get 18BTC of volume in less than 24 hours with downtime, now we have to start again Cryptofountain looked to drop but picked back up again.
January 21, 2014, 02:56:47 PM
By the way, is http://kdc.cryptofountain.com still running ?
Yeah, it's at 34MH and I'm using it right now.
January 21, 2014, 02:51:16 PM
Latest update from coinmarket.io: Markets resuming in less than 15 minutes.
January 21, 2014, 02:41:10 PM
It has been a problem for many coins and then, after the required hard fork, some of them just died.
It would be a very good idea to be prepared for this kind of situation.
By the way, is http://kdc.cryptofountain.com still running ?
It would be a very good idea to be prepared for this kind of situation.
By the way, is http://kdc.cryptofountain.com still running ?
January 21, 2014, 02:35:38 PM
I think this coin will have same problems as CAT, RPC and similar that have long diff retarget period. You can already see that, we had almost 1Gh/s yesterday, now we dropped to less than 300Mh/s...Once we lower the diff, hashrate will increase again to unhealthy levels, and on next diff retarget goes back down..ping-pong..to be honest, because doge and other coins, it only draw attention out from us, otherwise they would all mine here and the process I've described above would occur much faster..You should think about some kind of reward system for stable miners and not difficulty hoopers and implement it in the code...seriously, I've been for a while in crypto world, followed most of the coins in past 3 months and I can see the pattern everywhere.
I brought this up very early on and the lead dev commented that s/he didn't think it would be an issue. Maybe s/he can explain further why they don't think it will be a problem... ?
January 21, 2014, 02:30:18 PM
I think this coin will have same problems as CAT, RPC and similar that have long diff retarget period. You can already see that, we had almost 1Gh/s yesterday, now we dropped to less than 300Mh/s...Once we lower the diff, hashrate will increase again to unhealthy levels, and on next diff retarget goes back down..ping-pong..to be honest, because doge and other coins, it only draw attention out from us, otherwise they would all mine here and the process I've described above would occur much faster..You should think about some kind of reward system for stable miners and not difficulty hoopers and implement it in the code...seriously, I've been for a while in crypto world, followed most of the coins in past 3 months and I can see the pattern everywhere.
+1
Kimoto's Gravity Well?
+1
I have to agree. History has a habit of repeating itself. If the multipool and coin hoppers join in, the difficulty will swing and there will be dumping. I'm not saying it will happen, but I hope dev would be able to produce a version of KDC with Kimoto's Gravity Well in advance, so we can have a quick and smooth transition. I won't say the F word (no, not that word, you know the one I mean), but the smart thing to do is be prepared.
Foxcoin recently released with Kimoto's Gravity Well and the whales couldn't even instamine it.
January 21, 2014, 02:29:18 PM
Hey, that's cool.
Do you know them?
Yeah I'm a volunteer for the festival.
January 21, 2014, 02:28:14 PM
Hey, that's cool.
Do you know them?
January 21, 2014, 02:24:12 PM
coinmarket.io: Markets resuming in less than 30 minutes.
January 21, 2014, 02:10:41 PM
I think this coin will have same problems as CAT, RPC and similar that have long diff retarget period. You can already see that, we had almost 1Gh/s yesterday, now we dropped to less than 300Mh/s...Once we lower the diff, hashrate will increase again to unhealthy levels, and on next diff retarget goes back down..ping-pong..to be honest, because doge and other coins, it only draw attention out from us, otherwise they would all mine here and the process I've described above would occur much faster..You should think about some kind of reward system for stable miners and not difficulty hoopers and implement it in the code...seriously, I've been for a while in crypto world, followed most of the coins in past 3 months and I can see the pattern everywhere.
+1
Kimoto's Gravity Well?
January 21, 2014, 02:10:04 PM
I think this coin will have same problems as CAT, RPC and similar that have long diff retarget period. You can already see that, we had almost 1Gh/s yesterday, now we dropped to less than 300Mh/s...Once we lower the diff, hashrate will increase again to unhealthy levels, and on next diff retarget goes back down..ping-pong..to be honest, because doge and other coins, it only draw attention out from us, otherwise they would all mine here and the process I've described above would occur much faster..You should think about some kind of reward system for stable miners and not difficulty hoopers and implement it in the code...seriously, I've been for a while in crypto world, followed most of the coins in past 3 months and I can see the pattern everywhere.
RPC is THE example here. As a fan and holder of RonPaulCoin its hard for me seeing the coin struggle. Last thing I heard is they implemented something to counter it.
A wise idea for dev to have chat with rpc/cat dev to exchange thoughts? (before it might slip out of control)
January 21, 2014, 02:09:15 PM
Jump to: