Perfect work  @jakob019

How to get more peoples who are interest about this coin? This is big question.

KIMO coin is now in good reliable hands.

If calculate mining profit even with today low price, it is still very good if compare to other altcoins.
But we need more users and urgently as soon as possible.

Thanks for update.
Using tiny test (transfer small amount) all looks good.

Now to BTC markets with KIMO (hope Comcort update soon for KIMO)

36M KMC

33M KMC (32000 KIMO)

26M KMC  (26000 KIMO)

Yes it is now ok. (1M KMC increment).
It is some amount different thing if keep normal auction for just sell things or "support" auction for this coin.

(ref. other previous comments)

Only meaning for restart auction was that IF want more bidders and try start enough low with example just 1M inrements. Of course no one can promise it give more bidders. Specially need these peoples what are not now active with KMC. This coin need  more users. This kind of auctions are part of this but also other things are important. But it is ok also now with 1M inc.


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This is critical time due to decreasing block reward (soon we have nearly one tenth of today reward). Alone it do not automatically push coin value higher.
There need be peoples who want this coin. Why someone buy some altcoin as example KMC. One  reason is that he do not have this coin and he need this coin for example pay something what is sold with this currency. Other reason is of course speculative that people believe he buy now using 1 grain of rice and later it can sell and get 2 grain of rice.

Why I mine this coin. Just because I strongly believe it rise later.  Now it have reliable management what make it possible.

It can not mine now and immediately sell and get a profit or even cover all mining costs. (if do not have very cheap or free electric.)
But, this profit problem is now with hundreds of altcoins so we are not alone and if compare even today block reward and today price KMC is still not bad.

For auction jakob019 did not tell minimum or fixed  increment. If increment is too high it may lead to too high final price ( note)  and with it -  need also think that every mirror have also back side.  It may have negative effect for KMC value.

(note: and less peoples bidding what is also not good)


When we buy real things using KMC directly and what things also have real price on the "fiat money" markets (USD, EUR, CNY etc prices) we  indirectly show what is exchange value for KMC - this is important to keep in mind.

Example, if some product real price including delivery is, say example 100 USD,  and I make 200M KMC bid then I have just told that I will sell my KMC with 50 cent /1 M KMC exchange rate.


Some other "findings"
In example my case where I really also pay mining rigs electric I made simple calculations and for me every 1M KMC electric price is very near 0.5 Eur. This is only electric. There is also other costs of course. This was calculated using today situation (46000KMC/block reward)  and network total hash rate. I can get now around 13M KMC using around 50kWh total power what is over 3.8kWh for one M KMC.

In Comcort exchange today immediate sell price is 0.08LTC for 1M KMC.
0.08LTC is around 0.67 USD and it is around 0.5 Eur.

If electric is 0.13 euro cent / kWh it means that mining 1M KMC electric price is around 0.5 Eur.

Now if exchange rate stay today level and block reward fall or difficulty change if we get more hash rate it is much cheaper to buy KMC than mine.

So, it need think carefully how some things may manipulate KMC value / exchange rate.

(disclaimer: calculations/estimates are not accurate and they match only alone in my personal situation with my mining equipments and electric consumption and prices. Also I hope there is not mistakes in calc.)

Soon exchange rate need rise more than 10x (block reward fall to 5 KIMO) and for make it possible it need many kind of clevcer marketing and also information so that KMC / KIMO (kKMC) is better known with its new better management. If exchange rate do not rise and have no reason to believe it will later rise who will then mine it if need keep expensive rigs here mining and pay investments and direct costs as electric etc.
Situation is different if someone have free mining HW and free electric.


Are there any reasons for delete this auction start and adjust some things and restart it?

很难预测。特别地，这是很难预测未来。 

就个人而言，我认为这将在后面上升。



现在的我，开采，但我不卖。

Good luck for KIMO new logo. All logos was good. Most important is that old is changed asap.


My mutual opinion is that this is very important point!



It is sad that qt-wallet do not have (?) message function where "system" can push some "alarm" type notification to wallett window so that user is forced to get (what ever important system information) information without user self active seeking and finding this info from some forum.

Exactly, perfect work in difficult emergency situation where unexpectedly old "forgetme" code fatal bug produce problem.

Other thing.
Please someone who can, help that also chinese understand KMC regeneration by new reliable management.
https://bitcointalk.org/index.php?topic=531180.msg7854430#msg7854430
This old chinese topic need immediately stop and do new or some other solution. I can not do it.
   

   

此信息是旧的。
硬币是根据新的管理。
旧的管理完全失败。
KMC 新的时间已经开始。

https://bitcointalk.org/index.php?topic=670300.0


去这里。https://bitcointalk.org/index.php?topic=670300.0

忘记以前所有过时的信息。
作为别人都问。请请一些谁讲中国和足够的英语好，请给KMC全新的中国话题。
这个老过时的线程需要停止。

另外需要注意的是老KMC wallett不块150299工作后，不要使用！
下载新wallett作为知情的位置：

 https://bitcointalk.org/index.php?topic=670300.0

Time ago I find Kimo (KMC) and turn my rigs for mining KMC.   https://bitcointalk.org/index.php?topic=670300
It looks that this coin is now in new reliable hands. (previously management was bad)
Coin is now cheap but it have potential to rise. It have interesting design if look block reward.
Buy now and keep or mine now and keep ans sell after rise. Or even direct mine and sell give some profit but today it need exchange first to LTC.
In Comkort exchange there can see that activity have started slowly rise after coin have new management.
(I have nothing to do with dev team. I'm only intersted to find new promising coin in early phase.)

Also coin logo is still terrible but it is changing.
Go and vote monero moo new logo what is perhaps best but of course - you vote what you like. (it need just 10 seconds your time)

Also from KMC faucet you can get some free coins, (random amount  but typical some thousands and need only give your KMC address)

And yes, part of my rigs are still mining in waffle (months), of course.

This sounds good specially IF think that KMC value to other coins do not rise... do we want give this prognose. Is it realistic to think that it do not rise (enough)? Mining profit is going as low as 5000KMC (5 KIMO)

But, as also you have previously told some arguments about exchanges I will notice this. Do not keep hurry to other exchanges too early.

Buyers can try to buy...  

Miners can mine and keep...


I do not want sell anything with these prices. I flush them out from window to birds if anybody do not want pay what is equal or better than mining total costs.
Still now buying is more cheap than mining.

It is late to cry after price go better and then start talking that something is not fair.
Everyone can do it now, least now, buy something if someone want sell and mine if it is possible.


Who knows that he is right and wise now at this moment when he makes some choices. No one.

What was wise or stupid, this we know after it is too late to change. Hindsight is always but it does not seem to benefit much.
Decisions and choices can do only with this information what is available now and rest is mutual.. feel, believe, etc...  

Previously I have been just giving up. It was in this situation what we all know as case "forgetme".......
n this time I was "hands up" and just stopping all related to KMC and stopping mining.
Just in this time I look and find thet perhaps there is some hope. And soon after this I can see that KMC is going to more trusted hands by "jakob019" and some who co-work with he. My opinjon was immediately soon that oh... this KMC is not going to dead. Now some time later I feel this coin is in reliable trusted hands. This team looks do good job.
They can not, of course, keep this alive without KMC users.
The ball is now thrown into the KMC users. If KMC is not successful, the reason is not theirs. They are doing a good job.

After this, I will continue mining and keep coins and perhaps use also something for example these auctions. As example previous 120G Intel SSD drive.

40M KMC

It IS good. It is best.

Also both others are good and I like personally very much this Rainier logo but if I need think something over my own personal taste I select MoneroMoo. (voted)
This logo outer line need cleaning....... (is it from packaging or from some image format changing in some steps before thjis published image and shape is not smooth and it looks like there is some "wrong color" pixels just in outside border.)
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For 500GB USB 3.0 External Hard Drive

30M KMC

Someone need be first...  

5M KMC

Also I have true experience about deal with jakob019. Last time all was just with one word: Perfect!

Faucet works also well. Also there is now more balance after 02.07.2014.

But then, what is this now. Some hour ago I check all was ok and balance "enough":


How it can be empty?
now is 11 faucet sent total in last 24h  and just some hours ago balance was over 2M KMC.

I have thinked that this is for promote coin and so on...
So, also peoples who can not yet mine  can get some amount of KMC free for example exercise with wallet, money transfer and wallet features etc. Also it can be some extra for peoples who have very very low hash rate in mining.

This is good way to start learning if you are very new or just starting from nearly zero knowledge how these all works with digital coins.
I will recommend to learn how to use bulk addresses with safe way. With these free faucet coins you can exercise.

Why it is now empty? After not more than <30 faucets sent after over 2M KMC donation to faucet at 2.7.2014?


then you can look
http://explorer.kimocoin.com/tx/f6ec07318d4d5b26ec31a2d0c2e524d5a1b5113bdf0a47c7df42f6e4990473e8
and faucet tell wallett is empty.

Yes, next Intel 120G SSD.

Quoted from OLD thread for clarify this my message.


This 120G Intel SSD have arrived today to EU and to my hand.  
Here it was delivered directly to my hand as "Express" letter (including shipping day, total 7 days).

It was well packed and all as told including tracking and even picture about shipment after payment.

jakob019 have done exactly what he promised and also it was shipped same day as auction ended and paid using 45M KMC.

Item was as described. Tested SSD and it works OK and pass all tests (as predicted).

Thanks jakob019 about perfect work.

It looks that KMC is in good and reliable hands now. This is not anymore students exercise.

--

This Wolf Rainer logo is of much better than original. Of course it is nice if there is more choices what peoples can vote, but if not, this is far over original.