It's about time for another KIMO auction.  Let's take a vote on what item to auction next.  Need 10 votes to begin the auction.

Comkort has completed the changeover from KMC to KIMO, let the trading resume!

Everyone please contact Comkort. I think we will get more results if they hear from more people than just me.  Otherwise we could look for a different exchange or build one ourselves.  I'm very busy today, maybe I can find some time to study it this weekend.

Got this reply from Comkort:

"Good day!

To unblock trading we have to recount all balances. That could be done by our tech team. But currently they are working hard on update.
I think in 3 days everything will be done. Anyway will ask them tomorrow about urgent update, maybe it will help to speed up that process."

Seems reasonable considering the complexity of a denomination change.  I don't think any other coins have done this before.

Really happy that you guys received the shipments--and thank god no customs trouble with Russia  

Thanks for your trust, continuing participation, and support of Kimocoin.  The project is a big success.  I exchanged a few emails with Comkort yesterday, hopefully they will add KIMO trading soon.  I still have some work to do to finish converting all the services to KIMO, will try to do it this weekend.  And of course we'll have more auctions.  I think KIMO trading will help participation in the auctions because it will be easier for people to buy Kimocoin.  In a sea of altcoins, Kimocoin is a shining star with a real future.  Keep up the mining, trading, bidding and community discussion.  

Congratulations to birdonwheels5, winner of the fourth KimoCoin auction and owner of a new powered USB 3.0 hub.

Minimum bid increment is 500 KIMO, next valid bid is 6000 KIMO.  Current top bid is 5500 KIMO by Qxw.

Thanks to member zxm7001 for a Chinese language thread:
https://bitcointalk.org/index.php?topic=714100

2M KMC = 2000 KIMO, which was the last bid by Qxw.  Next minimum bid is 2500 KIMO.

I have not yet had a chance to update the website and services to reflect the change to KIMO, but it will be coming soon.  Comkort has been notified of the change, but I have not yet heard back from them.  I let them know about it in advance, and they were responsive, so I expect it's just a matter of time before BTC trading begins.  It would probably speed things up if everyone contacts them to let them know that we are looking forward to the update.

Anyway, it's time for our next auction, a KIMO auction.  This time we are auctioning a cheaper item which will give more users the opportunity to bid.  Still it's a very useful item that everyone needs.   The item is a Protronix 4-Port USB 3.0 Hub.  This is a quality desktop hub with a solid aluminium case, and top performance.  The hub includes a power adapter for extra power but in most cases you don't need it.  The power adapter has two flat prongs, so if you are in a country with round prongs, I will also add a socket adapter.  This is a lower price item, so we will be shipping via First Class mail.  The shipping is a little slower, but there is still a tracking number and for most countries you should get the item in about two weeks.


The Protronix UH3-01 Hub offers a fast and simple connectivity solution for your computer with the most advanced USB standard currently available on the market.  Equipped with four USB 3.0 ports, this hub is designed to achieve maximum throughput, whether its connected to a SuperSpeed USB 3.0 device with transfer rates of 5Gbps or a High Speed USB 2.0 device with rates of up to 480Mbps.  Durable aluminum alloy construction with brushed metal finish brings both form and function, making this hub complementary accessory to all desktop environments.

Features

• USB 3.0 transfer rates of up to 5Gbps
• Backward compatible with USB 2.0
• Plug and play (no drivers needed)

Specifications

• Transfer Rate:  Up to 5Gbps
• Power:  5V 2A (10W)
• Dimensions: 7.6 x 7.7 x 1.4 cm

Package Includes

• USB Hub
• USB 3.0 Cable (Type A to Micro B)
• AC Power Adapter

Bidding starts at 1000 KIMO.  Minimum bid increment is 500 KIMO.  Remember, 1 KIMO = 1000 KMC.  This is a KIMO only auction, bidding ends on Thursday 7/31 at 4:00 AM GMT.  Who will place the first bid?

Thanks for the feedback.  I have merged KIMO into the main repository which makes this our official client.  The OP has been updated and I have notified Comkort of the change.  I plan to work on updating the website and services over the weekend.

I am proud to announce the new KIMO wallet for your crypto pleasure.  
http://www.kimocoin.com/kimocoin-0.8.7.zip

The new wallet uses the same block chain and is 100% compatible with the old wallet.  Just close the old one and open this one.  1 KIMO = 1000 KMC.

Changes:

• Change symbol from KMC to KIMO
• Move decimal left so that 1000 KMC = 1 KIMO
• Removed alternate units from Qt interface
• Updated seed nodes
• Updated Kimocoin graphics
• Fixed broken block reward subsidy (7/14/14 hard fork)
• Changed alert key

Please note that this code has not yet been merged into the master github repo, so if you want to compile from source please check out the KIMO branch.  If no one has any problems then in a few days we will merge the changes into master, and ask Comkort to switch over to KIMO.

The auction is over.  Congratulations to winner Qxw who is taking home a very high performance Toshiba SSD drive for only 36M KMC.  Thanks to everyone who participated, it's great to see more people involved.  Sorry if you didn't win this time, but we will be having more auctions so stay tuned and keep mining and buying Kimocoin.

Current bid is 35M KMC for a high end Toshiba 60GB 2.5" SATA SSD with 534 MB/s read speed and 450 MB/s write speed.  Only 1 hour left.  If you need a little extra KMC, you can buy them at Comkort:
https://comkort.com/market/trade/kmc_ltc

Can we get 36M?

Current bid is 33M KMC for a high end Toshiba 60GB 2.5" SATA SSD with 534 MB/s read speed and 450 MB/s write speed.  Less than 12 hours to go.  Can we get 34M?

Understandable, it's been really quiet here.  I'll keep mining 365 when it's profitable, keccak is really great on my 5970's.  Since you're looking at other coins, check out Kimocoin!!!  The block reward is falling fast but it's still really profitable to mine.  Just keep an eye on it and you'll see I'm right that the price will rise steadily over the next month. 

Seems to be the case, but interestingly there's a rally on Mintpal today.  Nice to see the price coming up, I've started mining again.  I'm now the dev for Kimocoin, the original creator of the coin announced on May 23rd that he would no longer participate in the project.  Nearly two months later, with the help of many community members we have managed to make Kimocoin better than ever.  There are new web services, a new logo, and in thread auctions for real world merchandise like hard drives and SSDs.  It's a lot of fun and we have many dedicated community members and active discussion every day.  My point is that if the 365Coin dev has bailed which is sure looks like (hasn't logged in for 10 days), then all takes is for someone else to pick up the ball, get some community support, improve the web services, start a new thread, and manage the coin.  That's the beauty of open source.  The project can only die if no one pays attention.  Based on the market activity, I'd say there's plenty of attention so we just need a volunteer to be our dev.  If you hold a significant sum of 365coin, then there would be considerable financial incentive for you to pick up this project and make it popular again.  365coin is already on MintPal, and shows up #1 in the list of currencies--there's a lot of potential for growth.

130M KMC trading volume on Comkort.  Very nice, keep it up.

Current bid is 30M KMC for a high end Toshiba 60GB 2.5" SATA SSD with 534 MB/s read speed and 450 MB/s write speed.  Can we get 31M?

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If you have not yet updated your wallet after the 7/14 hard fork, you must download the updated wallet.  The old wallet will not work.
http://faucet.kimocoin.com/downloads/KimoCoin_Win32.zip

Thanks for your bid.  

I am doing this to support the coin.  International shipping is expensive and the KMC selling price will not cover my cost at the current market price.  I sell these goods easily in the USA market for a nice profit, but KMC is my hobby and I want to support it.  It was not my idea to have 25M first bid, but it's still a very low price for the drive.  I think as the market price rises and the community grows the auctions can become profitable.  Anyway I really appreciate your thoughts and I agree with you on all points.  We need more services to grow the Kimocoin ecosystem, speculative investment is not enough--there are too many altcoins now.  The auction is just one idea and it's easy to implement.  Do you have any other ideas to promote KMC or offer new services?

Current bid is 26M KMC for a high end Toshiba 60GB 2.5" SATA SSD with 534 MB/s read speed and 450 MB/s write speed.  Can we get 27M?


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If you have not yet updated your wallet after the 7/14 hard fork, you must download the updated wallet.  The old wallet will not work.
http://faucet.kimocoin.com/downloads/KimoCoin_Win32.zip

My purpose here is to support KMC.  The bid increment can be 1M KMC, but of course you can bid as high as you wish..  What do you propose that we do differently?

Current bid is 25M KMC for a brand new top-of-the-line 60GB Toshiba SSD.  Who will bid 26M KMC?