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How can you be a BEAR in a market where you cannot establish a short position?
Your either BUYING to OPEN (BULL) or SELLING to CLOSE (NEUTRAL). No market I have seen allows you to SELL to OPEN (BEAR). If you cannot SELL which you do not own you cannot SHORT, if you cannot sell SHORT you cannot be a BEAR!! Of course in the world of ALT COINS you can also 'mine to open' but since your a net holder of the underlying (coins) your technically LONG making you a BULL.
A BEAR in true terms sells first to open a position and buys back to close a position hopefully at a lower price so he can profit. If he buys back at a higher price he takes a loss.
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It looks like Cryptofountain is not available... I wonder if it will come back?
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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 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.
it is very good advise. why people wasting their time for simply replying for a daytrader who does'nt think anything other than mine the profitable coin and make gains with buy low sell high. if you are serious then promotion is the very important thing. consider bitcoin when it started only a very few started accepting it, but when it gains wider acceptance with large merchants and shops, atms, services based on bitcoins in a large scale, price goes to the level nobody things, [from 13 usd to 1200 usd( both in same 2013)], so in my opinion even if kdc goes to 1usd/coin[ the speculative thing ], it will comes down if it lacks wider acceptance, so with wider publicity and acceptance only a coin can sustain( and price will goes high along with it) see our OP is not updated , it even shows the mintpal voting [we are already in it] also
in the website. In the services section of website it doesnot mention about altoutlet also.
these are very simple things that can be done without any pain, if we even do not do these who will do it
for us ?.please also post a detailed manual of kdc to fiat steps Without profit miners a coin will not have a robust diverse NET HASH. A small committed community simply can not provide a large enough hash for the coin to be secure. Like it or not a coin HAS to pay workers to hash the blocks. Striking that balance of just enough pay for an adequate NET HASH is what I'm arguing. But here it is another comment that people like me are destructive or not to be considered because we mine a coin and exchange those coins for BTC. The truth is people like me simply put our assets to work, take all the up front risk and just want to be fairly compensated for our effort. We're not trying to extort value from the coin or anyone else. Finally we don't go around dumping coins on the market either, we are always seeking the highest price for our work. I think the community that embraces workers will be stronger! How profit miners got such a bad reputation is beyond me except for people are always looking for a reason why their coin isn't going to the moon. Just look back in this thread, it's been too many coins rewarded, not on the right exchange, on and on... |
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Its one of the many threats of a very low hash coin. Just point 10 Mh/s at some 2 Mh/s coin go drink a few cold ones, come back inject attack, drop your provided net hash to 4... Its one of the many exploits we will read about in the coming months as some of these coins trickle net hash before dying. If you have standing 1 satoshi BUYs on weak 30 sat coins you may want to rethink that. |
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Mintpal was down for maintenance and I got filled all over the place when trading resumed. All my BUYS down to about 3300 and sells up to about 4600 were filled. High class problem I guess.
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We are past the halfway point to the next block halving down to 8 coins per block. Block 106176 was halfway, we are on block ~107107.  I think the block halving is 1st of April! Can't wait to get there  It's gonna be interesting!  If by interesting you mean disastrous for the NET HASH then yes it will be! After the halving the best thing anyone can do is get on the markets and buy the coin for double the pre halving price. That will at least sustain the NET HASH. Or everyone can go out and buy some ATI GPUs and mine the coin to support it. No need to double the price to keep the net hash. The net hash will fall for a few days. During that time multipools will continue to slaughter the others coins, these coins will be less profitable and miners will come back to kdc for the same price but for half the coin amount. By calling for an attempt to double the price, you are just trying to maintain your profit. Money is lacking in the altcoin market right now. We, investors are suffering and the next ones to suffer will be you the miners. It's just a cycle. Less money --> less profitable to mine --> less miners. Most of the coins are losing 70-80% of their value, you have to accept to have a lower profit as a miner. If you are a dumper miner and your electricity cost is too high, well then it's better for you to turn off your rig. If you are a long term miner and believe in this coin, well you mine at a loss now, hold and hope to make a profit later. There is too less money and too many miners for the profit to make in the altcoin market at this time, so the market needs to get rid of some of them. Now will be downsizing time for the miners. When money will come back, we will all be happy again ofc  For profit miners will not come back at the same price for half the coins... That's charity, we just find another coin or shut it down. For profit miners are not long term, mine the coin... sell the coin... rinse. repeat. If the coin has a good market with price volatility, we also buy low sell high. Like it or not a coin needs a healthy for profit base working the hash or there is no coin. KDC will be a dead coin at 4 KDC per block at this price, there is not much to argue like you said sooner or later the field of ALT COINS will be culled. This coins future PAY STRUCTURE has put it on the short list of who goes first... Barring an influx of BUY orders at higher prices. I'm curious... as an investor in ALT COINS, what are you investing in? Isn't the correct term speculator? Good luck with the HOLD and HOPE speculation strategy! LOL you said the same before the hard fork and you are still here. But let me do the math. 77/16 = 4.81. Hmm the price isn't 4.81 times the price before the hard fork and you are here. So why are you here? Of course, the others coins are less profitable than before too, that's it. And now because there is halving, you ask people to pay the double. Not 50% more, the double. You are denying the fact that other coins are less and less profitable too. I'm sure that with only an increase of 50% in price, you will come back in a few days/weeks to mine kdc again for half the coins this time. So, where are your sell walls? One before 5000, another one around 5500? Maybe the one at 5800 too? And of course the one at 8000 on coinedup. Ok I have mined this coin after the block reduction to 16, but only when the NET HASH and PRICE align. Would I mine this coin if the pay was 16 and the net hash was 400 with a price of 4k satoshi? NO WAY! Do I mine it at 4k with a net hash under 180? Sometimes. so your simple napkin math of 77/16 = 4.81 misses the whole function of NET HASH and how much work is being performed and at what rate of pay. ...Your not alone the concept appears to escape everyone, but it is the critical piece to a successful coin. And yes I did say the same before the hardfork, and what exactly was my prediction of net hash with a price of 3k? Don't get me wrong, I understand the concept pretty well. What I'm telling you is that there is a natural selection going on between the profit miners and that the hashrates for most alt coins will go down in the coming weeks. The charity miners as you call them don't mind the price, they are ready to mine at a loss for a certain time period. The profit miners with the highest costs will turn off their rigs because they won't find any coin profitable enough for them to break even. There are miners out there that have free or really cheap electricity. They don't have the same price expectations as you to make the same profit. The hash rates on most alt coins will be lower in the coming weeks, the mining will be done by the most cost-effective miners and the more dedicated miners. Fighting to maintain the hashrate in the current trend of the alt coin market is unrealistic and so is the idea to double the price. If we do so, it would mean that we are overpaying kdc. Why would we pay kdc 100% more if we can get them for only 50% more? I just want people to pay the fair price for kdc. These are harsh times for everyone. But having a price increase and maintaining it in such a sad market is already a little wonder. The community is strong, the marketing team has done an amazing work and I'm sure they will keep it on, the dev listens to the community. This may seem basic requirements but take a look out there, there aren't that many coins that have that. This coin isn't the last so-called hyped coin for sure but that's its strength too. The more people will get burned with those shitty scamcoins, the more disgusted that are, the more they will come to kdc. I think we agree on many levels. The next two months will be exciting either way. I'm just concerned that at a pay of 4 coins per block the security of the hash will be at risk and all the hard work done by so many here will be destroyed. |
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@jackdminer
If you think KDC will be a dead coin, why in the fucking hell are you WASTING your time on a dead coin??!!!! Don't you have anything else to do? Or maybe you're only on threads with dead coins and KDC is the best of the dead coins?
KDC was my first profit mine, my first coin I made a market in, I like this coin. But unfortunately it appears your only allowed to be a cheerleader for this coin and criticism is frowned upon. Why is it exactly that if my opinion does not match up with yours I don't belong here? All of us are just trying to make a difference and make this coin better. The dirty laundry must be dealt with, if you choose not to deal with the ugly bits, fine. But discouraging others from doing so does not help anyone. Ignore me, block me whatever you must do, it will not save you from the fundamentals. Get in front of it be proactive! |
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We are past the halfway point to the next block halving down to 8 coins per block. Block 106176 was halfway, we are on block ~107107. I think the block halving is 1st of April! Can't wait to get there It's gonna be interesting! If by interesting you mean disastrous for the NET HASH then yes it will be! After the halving the best thing anyone can do is get on the markets and buy the coin for double the pre halving price. That will at least sustain the NET HASH. Or everyone can go out and buy some ATI GPUs and mine the coin to support it. No need to double the price to keep the net hash. The net hash will fall for a few days. During that time multipools will continue to slaughter the others coins, these coins will be less profitable and miners will come back to kdc for the same price but for half the coin amount. By calling for an attempt to double the price, you are just trying to maintain your profit. Money is lacking in the altcoin market right now. We, investors are suffering and the next ones to suffer will be you the miners. It's just a cycle. Less money --> less profitable to mine --> less miners. Most of the coins are losing 70-80% of their value, you have to accept to have a lower profit as a miner. If you are a dumper miner and your electricity cost is too high, well then it's better for you to turn off your rig. If you are a long term miner and believe in this coin, well you mine at a loss now, hold and hope to make a profit later. There is too less money and too many miners for the profit to make in the altcoin market at this time, so the market needs to get rid of some of them. Now will be downsizing time for the miners. When money will come back, we will all be happy again ofc For profit miners will not come back at the same price for half the coins... That's charity, we just find another coin or shut it down. For profit miners are not long term, mine the coin... sell the coin... rinse. repeat. If the coin has a good market with price volatility, we also buy low sell high. Like it or not a coin needs a healthy for profit base working the hash or there is no coin. KDC will be a dead coin at 4 KDC per block at this price, there is not much to argue like you said sooner or later the field of ALT COINS will be culled. This coins future PAY STRUCTURE has put it on the short list of who goes first... Barring an influx of BUY orders at higher prices. I'm curious... as an investor in ALT COINS, what are you investing in? Isn't the correct term speculator? Good luck with the HOLD and HOPE speculation strategy! LOL you said the same before the hard fork and you are still here. But let me do the math. 77/16 = 4.81. Hmm the price isn't 4.81 times the price before the hard fork and you are here. So why are you here? Of course, the others coins are less profitable than before too, that's it. And now because there is halving, you ask people to pay the double. Not 50% more, the double. You are denying the fact that other coins are less and less profitable too. I'm sure that with only an increase of 50% in price, you will come back in a few days/weeks to mine kdc again for half the coins this time. So, where are your sell walls? One before 5000, another one around 5500? Maybe the one at 5800 too? And of course the one at 8000 on coinedup. Ok I have mined this coin after the block reduction to 16, but only when the NET HASH and PRICE align. Would I mine this coin if the pay was 16 and the net hash was 400 with a price of 4k satoshi? NO WAY! Do I mine it at 4k with a net hash under 180? Sometimes. so your simple napkin math of 77/16 = 4.81 misses the whole function of NET HASH and how much work is being performed and at what rate of pay. ...Your not alone the concept appears to escape everyone, but it is the critical piece to a successful coin. And yes I did say the same before the hardfork, and what exactly was my prediction of net hash with a price of 3k? You talk about stuff that makes a succesfull coin but you are still here? if you are so good at seeing what coins are good coins then you should be rich at this point? Correct me if I am wrong but your arguments are invalid. Just another shitty person trying to get attention for his to him "smart" thinking. Say hello to my ignore list (I should have done that a long time ago) Or goodbye to a closed minded fool! |
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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? So you are saying that Bitcoin will die 2140 or earlier? Well noone will be compensated for the hash then that is for sure. If everyone are here for the quick buck then my idea of moving Alt-coins(KDC) straight into FIAT should be a jackpot? Since everyone in your opinion are ONLY here to make money. When the supply of BTC has been mined, transaction fees will support the NET HASH needed to ensure security... This is only a GOOGLE search away if you want to understand it! |
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We are past the halfway point to the next block halving down to 8 coins per block. Block 106176 was halfway, we are on block ~107107. I think the block halving is 1st of April! Can't wait to get there It's gonna be interesting! If by interesting you mean disastrous for the NET HASH then yes it will be! After the halving the best thing anyone can do is get on the markets and buy the coin for double the pre halving price. That will at least sustain the NET HASH. Or everyone can go out and buy some ATI GPUs and mine the coin to support it. No need to double the price to keep the net hash. The net hash will fall for a few days. During that time multipools will continue to slaughter the others coins, these coins will be less profitable and miners will come back to kdc for the same price but for half the coin amount. By calling for an attempt to double the price, you are just trying to maintain your profit. Money is lacking in the altcoin market right now. We, investors are suffering and the next ones to suffer will be you the miners. It's just a cycle. Less money --> less profitable to mine --> less miners. Most of the coins are losing 70-80% of their value, you have to accept to have a lower profit as a miner. If you are a dumper miner and your electricity cost is too high, well then it's better for you to turn off your rig. If you are a long term miner and believe in this coin, well you mine at a loss now, hold and hope to make a profit later. There is too less money and too many miners for the profit to make in the altcoin market at this time, so the market needs to get rid of some of them. Now will be downsizing time for the miners. When money will come back, we will all be happy again ofc For profit miners will not come back at the same price for half the coins... That's charity, we just find another coin or shut it down. For profit miners are not long term, mine the coin... sell the coin... rinse. repeat. If the coin has a good market with price volatility, we also buy low sell high. Like it or not a coin needs a healthy for profit base working the hash or there is no coin. KDC will be a dead coin at 4 KDC per block at this price, there is not much to argue like you said sooner or later the field of ALT COINS will be culled. This coins future PAY STRUCTURE has put it on the short list of who goes first... Barring an influx of BUY orders at higher prices. I'm curious... as an investor in ALT COINS, what are you investing in? Isn't the correct term speculator? Good luck with the HOLD and HOPE speculation strategy! LOL you said the same before the hard fork and you are still here. But let me do the math. 77/16 = 4.81. Hmm the price isn't 4.81 times the price before the hard fork and you are here. So why are you here? Of course, the others coins are less profitable than before too, that's it. And now because there is halving, you ask people to pay the double. Not 50% more, the double. You are denying the fact that other coins are less and less profitable too. I'm sure that with only an increase of 50% in price, you will come back in a few days/weeks to mine kdc again for half the coins this time. So, where are your sell walls? One before 5000, another one around 5500? Maybe the one at 5800 too? And of course the one at 8000 on coinedup. Ok I have mined this coin after the block reduction to 16, but only when the NET HASH and PRICE align. Would I mine this coin if the pay was 16 and the net hash was 400 with a price of 4k satoshi? NO WAY! Do I mine it at 4k with a net hash under 180? Sometimes. so your simple napkin math of 77/16 = 4.81 misses the whole function of NET HASH and how much work is being performed and at what rate of pay. ...Your not alone the concept appears to escape everyone, but it is the critical piece to a successful coin. And yes I did say the same before the hardfork, and what exactly was my prediction of net hash with a price of 3k? |
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Anyone else having issues with kdc.hash.so?
It looks like the web server is down for all HASH.SO coins, but the stratum is up and mining. I cant switch to KDC to make sure, but it is mining... |
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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? |
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Like it or not a coin needs a healthy for profit base working the hash or there is no coin. KDC will be a dead coin at 4 KDC per block at this price, there is not much to argue like you said sooner or later the field of ALT COINS will be culled. This coins future PAY STRUCTURE has put it on the short list of who goes first... Barring an influx of BUY orders at higher prices.
I'm curious... as an investor in ALT COINS, what are you investing in? Isn't the correct term speculator? Good luck with the HOLD and HOPE speculation strategy!
Not really true, for example HEX hashrate dropped like crazy, and now you even earn more coins then before. You can still earn money even with a big network hashrate drop. Will KDC be a major player or become a pump and dump coin, that is the question. People will always mine KDC, the owner will mine it ,other people will mine it, etc... the problem is just the bearish market, hashrate will come back if the bearish market is moving positive. I notice some ridicules targets of $200 per KDC coin, now when it is just $0.50 per coin then people will mine it. HEX coin? Are you serious? THERE are zero BIDS on the only exchange for this coin offered at 1... So you cant earn any money even if your share was 100% of NET HASH since there are NO BUYERS of the coin. Thanks for helping me make my point! |
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We are past the halfway point to the next block halving down to 8 coins per block. Block 106176 was halfway, we are on block ~107107. I think the block halving is 1st of April! Can't wait to get there It's gonna be interesting! If by interesting you mean disastrous for the NET HASH then yes it will be! Jack, I must agree with you. This is what I'm afraid of. Guys, we must promote this coin as fuck from now on.
We all have to cooperate and I know this community loves to help!Start chatting with people and then mention KDC, send them a link to the article about gold rush, tell them about New York fundraising.
If you talk with a whale, they're not interested in the community etc. They're interested in the future and how the price will go up. What we're aiming for etc. An example of a good "pitch": "Are you interested in a coin that are aiming to get into the gold business, where everyone is aiming high?"
"From the 31st of March you can actually mine real gold. [insert link to article]. Some big guys are aiming for AT LEAST $1.5-$2 each, some even more. This absolutely not impossible."
"Sure, this is another Scrypt-coin. But it isn't a bad one. You can use your KDC to buy a lot of stuff [link stores], you can turn your KDC right into FIAT, you can buy prepaid VISA from the store, a lot more is coming too"
This isn't 100% perfect but you catch my drift. Everyone can help, you don't have to put in hours after hours promoting the coin but every small gesture counts.
We've gotten help from people already, gotten help with both translations, promotions and even when the coin hardforked. You can help too! You can promote the coin, tell your friends about it. You can donate some to the NY-fundraising.
If you have a good idea, tell us. If you can help us with it, it's even better!Thanks for everything you have helped us with and everything you will help us with in the future!After the halving the best thing anyone can do is get on the markets and buy the coin for double the pre halving price. That will at least sustain the NET HASH. Or everyone can go out and buy some ATI GPUs and mine the coin to support it. No need to double the price to keep the net hash. The net hash will fall for a few days. During that time multipools will continue to slaughter the others coins, these coins will be less profitable and miners will come back to kdc for the same price but for half the coin amount. By calling for an attempt to double the price, you are just trying to maintain your profit. Money is lacking in the altcoin market right now. We, investors are suffering and the next ones to suffer will be you the miners. It's just a cycle. Less money --> less profitable to mine --> less miners. Most of the coins are losing 70-80% of their value, you have to accept to have a lower profit as a miner. If you are a dumper miner and your electricity cost is too high, well then it's better for you to turn off your rig. If you are a long term miner and believe in this coin, well you mine at a loss now, hold and hope to make a profit later. There is too less money and too many miners for the profit to make in the altcoin market at this time, so the market needs to get rid of some of them. Now will be downsizing time for the miners. When money will come back, we will all be happy again ofc For profit miners will not come back at the same price for half the coins... That's charity, we just find another coin or shut it down. For profit miners are not long term, mine the coin... sell the coin... rinse. repeat. If the coin has a good market with price volatility, we also buy low sell high. Like it or not a coin needs a healthy for profit base working the hash or there is no coin. KDC will be a dead coin at 4 KDC per block at this price, there is not much to argue like you said sooner or later the field of ALT COINS will be culled. This coins future PAY STRUCTURE has put it on the short list of who goes first... Barring an influx of BUY orders at higher prices. I'm curious... as an investor in ALT COINS, what are you investing in? Isn't the correct term speculator? Good luck with the HOLD and HOPE speculation strategy! |
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We are past the halfway point to the next block halving down to 8 coins per block. Block 106176 was halfway, we are on block ~107107. I think the block halving is 1st of April! Can't wait to get there It's gonna be interesting! If by interesting you mean disastrous for the NET HASH then yes it will be! Jack, I must agree with you. This is what I'm afraid of. Guys, we must promote this coin as fuck from now on.
We all have to cooperate and I know this community loves to help!Start chatting with people and then mention KDC, send them a link to the article about gold rush, tell them about New York fundraising.
If you talk with a whale, they're not interested in the community etc. They're interested in the future and how the price will go up. What we're aiming for etc. An example of a good "pitch": "Are you interested in a coin that are aiming to get into the gold business, where everyone is aiming high?"
"From the 31st of March you can actually mine real gold. [insert link to article]. Some big guys are aiming for AT LEAST $1.5-$2 each, some even more. This absolutely not impossible."
"Sure, this is another Scrypt-coin. But it isn't a bad one. You can use your KDC to buy a lot of stuff [link stores], you can turn your KDC right into FIAT, you can buy prepaid VISA from the store, a lot more is coming too"
This isn't 100% perfect but you catch my drift. Everyone can help, you don't have to put in hours after hours promoting the coin but every small gesture counts.
We've gotten help from people already, gotten help with both translations, promotions and even when the coin hardforked. You can help too! You can promote the coin, tell your friends about it. You can donate some to the NY-fundraising.
If you have a good idea, tell us. If you can help us with it, it's even better!Thanks for everything you have helped us with and everything you will help us with in the future!After the halving the best thing anyone can do is get on the markets and buy the coin for double the pre halving price. That will at least sustain the NET HASH. Or everyone can go out and buy some ATI GPUs and mine the coin to support it. |
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We are past the halfway point to the next block halving down to 8 coins per block. Block 106176 was halfway, we are on block ~107107. I think the block halving is 1st of April! Can't wait to get there It's gonna be interesting! If by interesting you mean disastrous for the NET HASH then yes it will be! |
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4800 sats @ 170 Mh/s with this block reward... Getting warmer!  Hm, okay let's say the price will go up to 5400 and hashrate down to 150mhps. That should be correct, right? Do you think we will go higher after this? The price will do what the price will do. Hashrate will just follow the money, If the price goes to 3k sat HASH will should follow to 90 or so... But when the hash gets low this community provides a subsidy and mines at a net loss. Nothing wrong with that, but a successful coin will be able to provide a fair rate of pay for the hash worked. |
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4800 sats @ 170 Mh/s with this block reward... Getting warmer! |
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So everyone jump on the 'Official' pool for a chance to win some gold!!
Do you want to be the first coin with all your hash on one pool or what??
It's a great idea, but as I write this 60% of the net hash is on the 'official' pool... Not so good for a coins security.
Unlike the fork at least you have some time to think about this...
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price of 6K and a hash of 190 Mh/s... Guess who's back to mining a little pay dirt?
I would like to point out one thing that may help you all make a little money if you take this seriously. Coins are never undervalued, only over hashed.
It is not an equity stock, there is no tangible book value or future earnings so it is only worth the highest BID.
This holds true for ALT COINS, trading cards, Beanie Babies, Postage stamp collections, rare coin collections, memorabilia etc...
Accept this and you will know when to sell and when to buy. Deny this and you may have the coins, but loose the value.
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