BTCD price is rising in anticipation of the impending swap. Now the price is .00379, and there is 13 BTC worth of BTCD at the bid at .00310 or higher.
Remember that .00651 is equivalent to the ICO price, so still plenty more room to run up before the swap and afterwards as well.
.00379 i still a great deal...
Current BTCD Price (Poloniex): .00379 BTCD/BTC
Current BTC/BTCD rate: 263.85 : 1 (amount of BTCD that you get for 1 BTC)
KMD/BTCD swap rate: 50.4488 : 1 (amount of KMD you will get for 1 BTCD that you swap on ICO site)
KMD/BTC current rate: 13311.029 (amount of KMD you get for 1 BTC worth of BTCD at current price on Poloniex)
KMD/BTC ICO rate: 7746.522 : 1 (amount of KMD you got for 1 BTC at the end of ICO with no bonus)
Current extra KMD via BTCD: +5564.507 KMD or +71.83% extra (relative to ICO KMD/BTC rate at the end of ICO with no bonus)
So at current prices, you get much more KMD that you would have gotten at the end of the ICO.
The price could rise sharply from here to .006512 BTCD/BTC and you would still get the same amount of KMD. per BTC spent, as during the final phase of the ICO.
Once you buy BTCD, be sure to move it to your personal wallet. BTCD is Proof of Stake so you will receive extra free BTCD from automatic mining when you have it in your own wallet. And you also need it in your personal wallet before the KMD “snapshot” that will get you the extra REVS asset. Download BTCD wallet here: http://bitcoindark.com/
Topic: [KMD] Komodo speculation - page 22. (Read 47137 times)
speculation.. but hey looking at Zcash trading at launch in poloniex - hell why can't Komodo achieve something like that. a little hype here, maybe some delays and it can be even 1 BTC.. lol 
Put in a request for KMD to be traded there:
https://poloniex.com/coinRequest
I plan to do so once we have a firm date when KMD will be distributed.
No need to speculate.
As KMD is pegged to BTCD by the rate of 50 KMD = 1 BTCD roughly, this gives an indication for the KMD price this minute: BTCD/50 = 0,004BTC/50 = 8k sats. With a total ammount of 100M KMD this results in a marketcap of roughly 8000 BTC or 6,24M USD.
Does this makes sense to you all?
As KMD is pegged to BTCD by the rate of 50 KMD = 1 BTCD roughly, this gives an indication for the KMD price this minute: BTCD/50 = 0,004BTC/50 = 8k sats. With a total ammount of 100M KMD this results in a marketcap of roughly 8000 BTC or 6,24M USD.
Does this makes sense to you all?
It would make sense if KMD was actively being valued in terms of BTCD, but KMD is not on the radar of many traders yet and right now BTCD is low volume and the market really isn't determining a clear price for it.
What is clear right now is that buying BTCD and converting it to KMD later is a great deal, compared to the KMD ICO price.
And with buying BTCD now, you also get the extra REVS asset that Komodo Platform will be issuing. You just need your BTCD in a private wallet on the day that the snapshot is taken and they will give at least 7 days notice for that.
Here are the numbers that I broke down for everyone:
HThis is the only way to indirectly buy KMD right now. Once the swap begins on the Komodo ICO site, you will be able to swap 1 BTCD for 50.4488 KMD. Here are the current #s:
Current BTCD Price (Poloniex): .00338 BTCD/BTC
Current BTC/BTCD rate: 295.86 : 1 (amount of BTCD that you get for 1 BTC)
KMD/BTCD swap rate: 50.4488 : 1 (amount of KMD you will get for 1 BTCD that you swap on ICO site)
KMD/BTC current rate: 14925.68 (amount of KMD you get for 1 BTC worth of BTCD at current price on Poloniex)
KMD/BTC ICO rate: 7746.522 : 1 (amount of KMD you got for 1 BTC at the end of ICO with no bonus)
Current extra KMD via BTCD: +7179.158 KMD or +92.68% extra (relative to ICO KMD/BTC rate at the end of ICO with no bonus)
So at current prices, you get nearly twice the amount of KMD that you would have at the end of the ICO.
The price could rise sharply from here to .006512 BTCD/BTC and you would still get the same amount of KMD. per BTC spent, as during the final phase of the ICO.
Once you buy BTCD, be sure to move it to your personal wallet. BTCD is Proof of Stake so you will receive extra free BTCD due from automatic mining when you have it in your own wallet. And you also need it in your personal wallet before the KMD “snapshot” that will get you the extra REVS asset. Download BTCD wallet here: http://bitcoindark.com/
No need to speculate.
As KMD is pegged to BTCD by the rate of 50 KMD = 1 BTCD roughly, this gives an indication for the KMD price this minute: BTCD/50 = 0,004BTC/50 = 8k sats. With a total ammount of 100M KMD this results in a marketcap of roughly 8000 BTC or 6,24M USD.
Does this makes sense to you all?
As KMD is pegged to BTCD by the rate of 50 KMD = 1 BTCD roughly, this gives an indication for the KMD price this minute: BTCD/50 = 0,004BTC/50 = 8k sats. With a total ammount of 100M KMD this results in a marketcap of roughly 8000 BTC or 6,24M USD.
Does this makes sense to you all?
Komodo will take its place among anonymous coins and price is not fall below ICO.
I don't expect KMD to fall below ICO price. Even if it falls below ICO price, it will soon recover. Bounty Dumping will not be seen as the team had given option to opt to receive payments in BTC.
you cannot say like that.Even in the case of ICONOMI they gave the option to receive payments in BTC before hitting the exchange and still it went down below the ICO price after hitting the exchange .So you cannot really predict that and it might go down . 
I think must fast to added exchanger
because can lost momentum,
is good can added to poloniex or bitrex, because in there the best altcoin exchanger and the best volume transaction in altcoin exchanger
I agree. But I think this Ico sunda will make a volume filling the eye even when entering the c-cex.
KMD is not good for speculation, the fan base is mostly tech oriented folk, not traders. None of jl777's projects have had much volume, and very stable prices, so not much fun for traders. That said, KMD and associated tech is slowly being noticed by some crypto tech heavy hitters, and i sense the stars are aligning for some major recognition soon, but moon could still be 12 months away or more, if ever. I expect slow steady rise with occasional blips, more fud, but wide acceptance and praise eventually, even guys like iCEBEAKER will end up KMD evangelists ... I would bet money on that one
I think must fast to added exchanger
because can lost momentum,
is good can added to poloniex or bitrex, because in there the best altcoin exchanger and the best volume transaction in altcoin exchanger
Price can be initially very high up to 3-4x ICO, then it will fall and prices will be around ICO as it usually happens in last time.
3X, just ask yourself this sincere question, if your can by the coin at 3X the ICO price, once you can then your wish is granted
I think this may be, but not at that moment when this instability in market.
I expect KMD to list somewhere more than 3 to 6x times the ICO price if everything goes as per plan.
We can expect limited downside for KMD.
You better be realistic with your price projection, I have KMD tokens too cos I invested during the ICO and later realised it was a bad move because of the snapshot swap coming up. 1.5X would be a good return when listed on exchanges and hope there is no dump
Unfortunetely i dont know muuch about Komodo and i dont have investment there but here i'll learn more about them as speculation too
Price can be initially very high up to 3-4x ICO, then it will fall and prices will be around ICO as it usually happens in last time.
3X, just ask yourself this sincere question, if your can by the coin at 3X the ICO price, once you can then your wish is granted
I think this may be, but not at that moment when this instability in market.
I expect KMD to list somewhere more than 3 to 6x times the ICO price if everything goes as per plan.
We can expect limited downside for KMD.
Price can be initially very high up to 3-4x ICO, then it will fall and prices will be around ICO as it usually happens in last time.
3X, just ask yourself this sincere question, if your can by the coin at 3X the ICO price, once you can then your wish is granted
I think this may be, but not at that moment when this instability in market.
I don't expect KMD to fall below ICO price. Even if it falls below ICO price, it will soon recover. Bounty Dumping will not be seen as the team had given option to opt to receive payments in BTC.
If ZEC price stabilizes at 1BTC, the KMD could be at 1/5th the price.
In terms of BTC value, comparing with other coins of same total amount (100 million), probably it could go at 10K - 20K sats. Waves is at 40K-50K sats, LISK going between 25K-30K sats
it is just a dream to see the price of ZEC to be compared to Bitcoin. The price of ZEC will come down from this price and i am not sure about the KOMODO price as i am not following it nor am not aware of the uses of KOMODOIn terms of BTC value, comparing with other coins of same total amount (100 million), probably it could go at 10K - 20K sats. Waves is at 40K-50K sats, LISK going between 25K-30K sats
ZEC has a lot of work to do before it reaches and settles around 1 BTC level. I don't expect ZEC to be at that level any time soon. And I am expecting KMD to settle around 0.001 BTC after some initial levels of volatility.
If ZEC price stabilizes at 1BTC, the KMD could be at 1/5th the price.
In terms of BTC value, comparing with other coins of same total amount (100 million), probably it could go at 10K - 20K sats. Waves is at 40K-50K sats, LISK going between 25K-30K sats
it is just a dream to see the price of ZEC to be compared to Bitcoin. The price of ZEC will come down from this price and i am not sure about the KOMODO price as i am not following it nor am not aware of the uses of KOMODO In terms of BTC value, comparing with other coins of same total amount (100 million), probably it could go at 10K - 20K sats. Waves is at 40K-50K sats, LISK going between 25K-30K sats
Bitcoindark is an indicator of the price I think. It should follow KMD, up or down, even with a delay. And as of now, BTCD price is relatively stable.
Price can be initially very high up to 3-4x ICO, then it will fall and prices will be around ICO as it usually happens in last time.
3X, just ask yourself this sincere question, if your can by the coin at 3X the ICO price, once you can then your wish is granted
I think this may be, but not at that moment when this instability in market.
Price can be initially very high up to 3-4x ICO, then it will fall and prices will be around ICO as it usually happens in last time.
3X, just ask yourself this sincere question, if your can by the coin at 3X the ICO price, once you can then your wish is granted
Price can be initially very high up to 3-4x ICO, then it will fall and prices will be around ICO as it usually happens in last time.
And then traders and speculators will cause the price move sides for sometime. Then it will all depend upon what the core team is able to show something solid or if something is screwed up.
It will also be interesting to see what the BTCD price will do. Should the price go up 4x ICO, then BTCD will probably explode too.
This was at Lisk and Stratis. These projects are very long kept price very high. Active community and development that all we need.
Price can be initially very high up to 3-4x ICO, then it will fall and prices will be around ICO as it usually happens in last time.
And then traders and speculators will cause the price move sides for sometime. Then it will all depend upon what the core team is able to show something solid or if something is screwed up.
It will also be interesting to see what the BTCD price will do. Should the price go up 4x ICO, then BTCD will probably explode too.
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