Topic: [KMD] Komodo speculation - page 14. (Read 47114 times)

Price is collapsing because there is no demand for this useless scam token.

Look at the history of all jl777 scam assets.

They always go to zero eventually, when dumpers run out of greater fools to hold their bags.

Then they are delisted, jl777 creates a new scam asset to sucker in another generation of noobs, and the cycle repeats.

I agree with you most of these Altcoins are getting dumped fast because of the uncertainty surrounding Bitcoin ETF approval, I made mistake not selling out fast and it has dumped to 6000sat range, but I think the price will get back up once the development team resolved the technical issues they are having now.

KMD has some room for development and if the devs do it right, we can expect some rally. But for now, the spotlight is on the Bitcoin ETF and bitcoin has been rallying based on that and this has caused majority of the Alts to crack. So you can invest some bitcoin into the cheap KMD for long term gain.

why price went down from 12k to 7k? any problem with the team.I heard there where some issues with the wallet

Good time to grab some KMD with price of 7.5k sat well before March 11

Yes, also it's all inside a single wallet and zero-knowledge privacy is one order of magnitude better

Komodo has many use cases, which we will need to better highlight
 - Blockchain security layer (other blockchains can connect to Komodo via dPoW consensus, currently about ~43 of our own blockchains are utilizing this feature)
 - Bitcoin anonymizer (Iguana jumblr uses Komodo's Z-transactions)
 - KMD can be transformed into 32 different SuperNET PAX Assets that are pegged to local currencies

We are building a platform for developers, and Komodo is in a central role as the infrastructure blockchain. Whenever an app needs privacy technology it makes sense to use Komodo.

In many cases though, Komodo is there on the background and the users might not even realize it. For example, the Jumblr that we are now testing can be used to anonymize bitcoins, and its users might not know that under the hood it uses Komodo.

Let's say you are a developer and you want to build a simple bitcoin wallet with 32 fiat pegged assets in it. You could do that today (and we have), and it would be using Komodo even if the developer wouldn't really care about Komodo. The app would have to transform the BTC into KMD via our DEX, and then issue a 'PAX deposit' command to transform the original BTC balance into USD (for example). The end user using the app would be unaware that he in fact purchased KMD behind the scenes and that the USD he now hold actually reduced the available KMD supply by locking them inside PAX.  

Similarly some bitcoin enthusiast might know nothing about Komodo, but would still happily login to Iguana wallet to anonymize his BTC. He would start the Jumblr process and behind the scenes his BTC is temporarily transformed into KMD via our DEX, and then the app does a Komodo Z-transaction before finally returning the anonymized BTC back to the user. [and this all without any counterparty risk]

These features are not a distant 'vision' or 'roadmap', but rather the next milestone we are looking to reach within the next few months.

thanks for the link.

Komodo must be valued for its central part in the larger SuperNet system, sometimes ago I wrote a short intro here:
https://bitcointalksearch.org/topic/m.16536753

As a nice long term investment does Komodo offer cutting-edge advantages over competitors?

So price is now a bit more then half of ICO price?

Since Bitcoin price increased in meantime, that probably even it down.

Maybe after polo listing.

Komodo mineable, but with low block reward with 3 KMD only:
https://whattomine.com/coins/174-kmd-equihash

Apparently 6500-7000k is the new bottom.

when was kmd worth 15k?

Rebuy at 6k sell at 15 k.
Rinse and repeat

I wouldnt play the holding game without being 100% sure that you will get atleast a x5-x10 in 6-12 month.
Btc is at 1200 and right now we have some good candidates for a possible pump.

It's 5%. Hold on. Thsee guys have a good development pipeline.

I think it caused by the inflation. If the komodo token is mineable and more supply will be coming soon. and it will get another decrease.

it gets better after its get dumped to the max