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Topic: [ANN][SCRYPT] KlondikeCoin ★ Cryptsy.com ★ Prepaid VISA Cards ★ 0% Premine [KDC] - page 67. (Read 554420 times)
March 19, 2014, 02:59:14 AM
March 19, 2014, 02:03:31 AM
If there are services worth mining and buying with KDC there is nothing to worry about with the halving. PLEASE FOR THE LOVE OF GOD can we stop talking about prices? Its like that is the only thing going through people heads.
Some talk about people being here for the quick buck, but for me it just seems that those saying that are here for the same reason.
So the price is really the only reason for people mining this? Is mining the coin everything?
The more hands the same coin switches the better. So if all of you stop talking about hashrate and prices that would be awesome. I contacted OK Pay to check if they would be interested but it was a no go on that.
Instead of nagging on eachothers arguments here go ask Ebay if they would like to add us. (Not really realistic but you all see my point).
I am personally thinking of registering a company and trading KDC -> Gold and Fiat in larger volumes. That might be interesting for some and maybe a gateway for people to get cash out and having a registered company and absolute transparency might be more appealing for the bigger crowd.
it is very good advise. why people wasting their time for simply replying for a daytrader who does'nt think
anything other than mine the profitable coin and make gains with buy low sell high. if you are serious then
promotion is the very important thing. consider bitcoin when it started only a very few started accepting it,
but when it gains wider acceptance with large merchants and shops, atms, services based on bitcoins in a
large scale, price goes to the level nobody things, [from 13 usd to 1200 usd( both in same 2013)], so in my
opinion even if kdc goes to 1usd/coin[ the speculative thing ], it will comes down if it lacks wider
acceptance, so with wider publicity and acceptance only a coin can sustain( and price will goes high along with it)
see our OP is not updated , it even shows the mintpal voting [we are already in it] also
in the website. In the services section of website it doesnot mention about altoutlet also.
these are very simple things that can be done without any pain, if we even do not do these who will do it
for us ?.
please also post a detailed manual of kdc to fiat steps
March 18, 2014, 09:52:42 PM
There seems to be issues with kimoto gravity well, since Klondikecoin also uses it, this should be considered:
https://bitcointalksearch.org/topic/delete-504103
https://bitcointalksearch.org/topic/kimoto-gravity-well-simplier-alternative-505243
Its one of the many threats of a very low hash coin. Just point 10 Mh/s at some 2 Mh/s coin go drink a few cold ones, come back inject attack, drop your provided net hash to 4... https://bitcointalksearch.org/topic/delete-504103
https://bitcointalksearch.org/topic/kimoto-gravity-well-simplier-alternative-505243
Its one of the many exploits we will read about in the coming months as some of these coins trickle net hash before dying.
If you have standing 1 satoshi BUYs on weak 30 sat coins you may want to rethink that.
March 18, 2014, 09:39:26 PM
There seems to be issues with kimoto gravity well, since Klondikecoin also uses it, this should be considered:
https://bitcointalksearch.org/topic/delete-504103
https://bitcointalksearch.org/topic/kimoto-gravity-well-simplier-alternative-505243
https://bitcointalksearch.org/topic/delete-504103
https://bitcointalksearch.org/topic/kimoto-gravity-well-simplier-alternative-505243
March 18, 2014, 06:32:25 PM
I had 5500 kdc buy order filled at 2500 today. Thanks whoever you are lol. I had totally forgot It was still there until it got filled.
That guy must have a huge load of kdc to be so generous 
March 18, 2014, 06:30:44 PM
We are past the halfway point to the next block halving down to 8 coins per block. Block 106176 was halfway, we are on block ~107107. 
I think the block halving is 1st of April!
It's gonna be interesting!
After the halving the best thing anyone can do is get on the markets and buy the coin for double the pre halving price. That will at least sustain the NET HASH. Or everyone can go out and buy some ATI GPUs and mine the coin to support it.
By calling for an attempt to double the price, you are just trying to maintain your profit. Money is lacking in the altcoin market right now. We, investors are suffering and the next ones to suffer will be you the miners. It's just a cycle. Less money --> less profitable to mine --> less miners. Most of the coins are losing 70-80% of their value, you have to accept to have a lower profit as a miner. If you are a dumper miner and your electricity cost is too high, well then it's better for you to turn off your rig. If you are a long term miner and believe in this coin, well you mine at a loss now, hold and hope to make a profit later.
There is too less money and too many miners for the profit to make in the altcoin market at this time, so the market needs to get rid of some of them. Now will be downsizing time for the miners.
When money will come back, we will all be happy again ofc
For profit miners will not come back at the same price for half the coins... That's charity, we just find another coin or shut it down. For profit miners are not long term, mine the coin... sell the coin... rinse. repeat. If the coin has a good market with price volatility, we also buy low sell high.
Like it or not a coin needs a healthy for profit base working the hash or there is no coin. KDC will be a dead coin at 4 KDC per block at this price, there is not much to argue like you said sooner or later the field of ALT COINS will be culled. This coins future PAY STRUCTURE has put it on the short list of who goes first... Barring an influx of BUY orders at higher prices.
I'm curious... as an investor in ALT COINS, what are you investing in? Isn't the correct term speculator? Good luck with the HOLD and HOPE speculation strategy!
So, where are your sell walls? One before 5000, another one around 5500? Maybe the one at 5800 too? And of course the one at 8000 on coinedup.
Do I mine it at 4k with a net hash under 180? Sometimes. so your simple napkin math of 77/16 = 4.81 misses the whole function of NET HASH and how much work is being performed and at what rate of pay.
...Your not alone the concept appears to escape everyone, but it is the critical piece to a successful coin.
And yes I did say the same before the hardfork, and what exactly was my prediction of net hash with a price of 3k?
I just want people to pay the fair price for kdc. These are harsh times for everyone. But having a price increase and maintaining it in such a sad market is already a little wonder. The community is strong, the marketing team has done an amazing work and I'm sure they will keep it on, the dev listens to the community. This may seem basic requirements but take a look out there, there aren't that many coins that have that. This coin isn't the last so-called hyped coin for sure but that's its strength too. The more people will get burned with those shitty scamcoins, the more disgusted that are, the more they will come to kdc.
Kdc needs each of us to succeed, especially in these moments. The day the reward drops at 4 coins, I will turn my rig at full power on kdc for the security of the hash until the coin finds its equilibrium in the following days. That's what all people who have bought kdc should do and that's what I've already done after the hard fork. March 18, 2014, 06:28:52 PM
I had 5500 kdc buy order filled at 2500 today. Thanks whoever you are lol. I had totally forgot It was still there until it got filled.
March 18, 2014, 06:25:19 PM
Mintpal was down for maintenance and I got filled all over the place when trading resumed. All my BUYS down to about 3300 and sells up to about 4600 were filled. High class problem I guess.
March 18, 2014, 06:21:33 PM
We are past the halfway point to the next block halving down to 8 coins per block. Block 106176 was halfway, we are on block ~107107.
I think the block halving is 1st of April!It's gonna be interesting!
After the halving the best thing anyone can do is get on the markets and buy the coin for double the pre halving price. That will at least sustain the NET HASH. Or everyone can go out and buy some ATI GPUs and mine the coin to support it.
By calling for an attempt to double the price, you are just trying to maintain your profit. Money is lacking in the altcoin market right now. We, investors are suffering and the next ones to suffer will be you the miners. It's just a cycle. Less money --> less profitable to mine --> less miners. Most of the coins are losing 70-80% of their value, you have to accept to have a lower profit as a miner. If you are a dumper miner and your electricity cost is too high, well then it's better for you to turn off your rig. If you are a long term miner and believe in this coin, well you mine at a loss now, hold and hope to make a profit later.
There is too less money and too many miners for the profit to make in the altcoin market at this time, so the market needs to get rid of some of them. Now will be downsizing time for the miners.
When money will come back, we will all be happy again ofc
For profit miners will not come back at the same price for half the coins... That's charity, we just find another coin or shut it down. For profit miners are not long term, mine the coin... sell the coin... rinse. repeat. If the coin has a good market with price volatility, we also buy low sell high.
Like it or not a coin needs a healthy for profit base working the hash or there is no coin. KDC will be a dead coin at 4 KDC per block at this price, there is not much to argue like you said sooner or later the field of ALT COINS will be culled. This coins future PAY STRUCTURE has put it on the short list of who goes first... Barring an influx of BUY orders at higher prices.
I'm curious... as an investor in ALT COINS, what are you investing in? Isn't the correct term speculator? Good luck with the HOLD and HOPE speculation strategy!
So, where are your sell walls? One before 5000, another one around 5500? Maybe the one at 5800 too? And of course the one at 8000 on coinedup.
Do I mine it at 4k with a net hash under 180? Sometimes. so your simple napkin math of 77/16 = 4.81 misses the whole function of NET HASH and how much work is being performed and at what rate of pay.
...Your not alone the concept appears to escape everyone, but it is the critical piece to a successful coin.
And yes I did say the same before the hardfork, and what exactly was my prediction of net hash with a price of 3k?
I just want people to pay the fair price for kdc. These are harsh times for everyone. But having a price increase and maintaining it in such a sad market is already a little wonder. The community is strong, the marketing team has done an amazing work and I'm sure they will keep it on, the dev listens to the community. This may seem basic requirements but take a look out there, there aren't that many coins that have that. This coin isn't the last so-called hyped coin for sure but that's its strength too. The more people will get burned with those shitty scamcoins, the more disgusted that are, the more they will come to kdc.
March 18, 2014, 06:14:33 PM
There are bots and market manipulation on all exchanges, there is no escaping it.
March 18, 2014, 06:13:28 PM
Someone should contact Mintpal so they ban him. Market manipulation shouldn't be allowed. At least that obvious.
Well market manipulation is everywhere on Mintpal. It was just a matter of time for kdc to deal with it. But we needed a real exchange so we have to deal with the inconvenients. And I hate to deal with bots too 
March 18, 2014, 06:10:24 PM
Someone should contact Mintpal so they ban him. Market manipulation shouldn't be allowed. At least that obvious.
20 seconds after saying this he removed his sell orders.
March 18, 2014, 06:08:29 PM
Someone should contact Mintpal so they ban him. Market manipulation shouldn't be allowed. At least that obvious.
March 18, 2014, 05:54:42 PM
Look at those buy orders, I think we've got a pump incoming somehow!
He wanted people to panic sell!
He wanted people to panic sell!
A fair few orders went through at 2500k for small amounts, someone trying to drive the price down to buy in cheap
EDIT: watching the market, whoever it is is a real amateur, nothing to see here. Looks like a bot.
Lol, it's more of an inconvenience than anything else. Doubt it's a serious trader trying to drive price down or there would be bigger sell walls. Just someone who's worked out how to code a bot.
March 18, 2014, 05:51:49 PM
Look at those buy orders, I think we've got a pump incoming somehow!
He wanted people to panic sell!
He wanted people to panic sell!
A fair few orders went through at 2500k for small amounts, someone trying to drive the price down to buy in cheap
EDIT: watching the market, whoever it is is a real amateur, nothing to see here. Looks like a bot.
Lol, it's more of an inconvenience than anything else. Doubt it's a serious trader trying to drive price down or there would be bigger sell walls. Just someone who's worked out how to code a bot.
March 18, 2014, 05:50:46 PM
Obviously someone playing games....
Top Sell Orders
PRICE (BTC) KDC BTC
0.00003407 0.19733100 0.00000672
0.00003408 0.19733100 0.00000673
0.00003409 0.19733100 0.00000673
0.00003410 0.19733100 0.00000673
0.00003411 0.19733100 0.00000673
0.00003412 0.19733100 0.00000673
0.00003413 0.19733100 0.00000673
0.00003414 0.19733100 0.00000674
0.00003415 0.19733100 0.00000674
0.00003416 0.19733100 0.00000674
Top Sell Orders
PRICE (BTC) KDC BTC
0.00003407 0.19733100 0.00000672
0.00003408 0.19733100 0.00000673
0.00003409 0.19733100 0.00000673
0.00003410 0.19733100 0.00000673
0.00003411 0.19733100 0.00000673
0.00003412 0.19733100 0.00000673
0.00003413 0.19733100 0.00000673
0.00003414 0.19733100 0.00000674
0.00003415 0.19733100 0.00000674
0.00003416 0.19733100 0.00000674
March 18, 2014, 05:49:35 PM
halving is going to be bad.
What about the op make a special day for klondike coin?
Lets say the day will be called the klondike rush and we receive something like 30-40 kdc per bloc.
this can happen once a month or this coin is just not going to make it after halving.
If halving happen the price will need to double up to maintain the actual price.
What about the op make a special day for klondike coin?
Lets say the day will be called the klondike rush and we receive something like 30-40 kdc per bloc.
this can happen once a month or this coin is just not going to make it after halving.
If halving happen the price will need to double up to maintain the actual price.
If there are services worth mining and buying with KDC there is nothing to worry about with the halving. PLEASE FOR THE LOVE OF GOD can we stop talking about prices? Its like that is the only thing going through people heads.
Some talk about people being here for the quick buck, but for me it just seems that those saying that are here for the same reason.
So the price is really the only reason for people mining this? Is mining the coin everything?
The more hands the same coin switches the better. So if all of you stop talking about hashrate and prices that would be awesome. I contacted OK Pay to check if they would be interested but it was a no go on that.
Instead of nagging on eachothers arguments here go ask Ebay if they would like to add us. (Not really realistic but you all see my point).
I am personally thinking of registering a company and trading KDC -> Gold and Fiat in larger volumes. That might be interesting for some and maybe a gateway for people to get cash out and having a registered company and absolute transparency might be more appealing for the bigger crowd.
Didnt mean to say im only here for the $.
I want KDC to succeed, but if the price of kdc stays low we cannot bring it to another level.
Who would want as a serious online shop to accept 1000 coins in order to receive 5$??
to purchase a tv online with KDC it would require 100k KDC but the market only has 20 mil coins it doesn't makes sens.
With the third of kdc already mined out the price should go higher in order to attract more attention.
look at those new coins they come with a big market cap and people jumps on them, then they realise there is nothing this coin can offer to us and they dump it. If KDC is finally worth something on the market cap people wont quit it since KDC has a lot to offer.
So in my opinion the only real issue here is the kdc price on the market scares away most people.
March 18, 2014, 05:46:22 PM
Look at those buy orders, I think we've got a pump incoming somehow!
He wanted people to panic sell!
He wanted people to panic sell!
A fair few orders went through at 2500k for small amounts, someone trying to drive the price down to buy in cheap
EDIT: watching the market, whoever it is is a real amateur, nothing to see here. Looks like a bot.
March 18, 2014, 05:41:31 PM
Look at those buy orders, I think we've got a pump incoming somehow!
He wanted people to panic sell!
He wanted people to panic sell!
A fair few orders went through at 2500k for small amounts, someone trying to drive the price down to buy in cheap
EDIT: watching the market, whoever it is is a real amateur, nothing to see here. Looks like a bot.
March 18, 2014, 05:39:51 PM
WTF??? one people have sell all buy order in mintpal
Cheap coins, I like it Jump to: