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.
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 hands 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.
If you are not fairly compensated for your HASH you won't provide it. You can bury your head in the sand and say that NET HASH block reward and price don't matter, but your missing the whole function of the PROOF concept of crypto currency. Even the most committed among you will capitulate at some point if your not compensated.
So is price everything? It's not everything, but 1 Mh/day has value and is priced in BTC. If the block pay/ coin price is too low someone is being charitable with their hash thats ok but not sustainable.
Is mining the coin everything? It should be to the community. No hash, No coin.
Finally you can offer all the goods and services under the sun but if it cost $100 worth of energy and effort to exchange KDC for $20 worth of goods or services, I'll skip the KDC step altogether as I'm sure you would too.
But hey, two sides make a market right?