Hopefully we don't keep getting leapfrogged by the flavor of the week. Check out that shitbox continuumcoin.
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Whatever the whales decide on. Recently it seems that it's just been a rolling wave of pump and dumps. Look for high popularity coins at launch or ones already in the shitter. Coins without "hype" are shit and DOA. "Fundamentals" don't mean a thing.
ETA: Fundamentals might mean something at launch and contribute to hype, but long term are a zero.
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Are you guys that dense? Exposure is absolutely needed. Coinmarket died in a fire. Coinedup has no volume. Poloniex? lol.
Money well spent. How much did you guys put forward to get listed?
No... I am not dense... I am realistic... why is any exchange going to deploy the infrastructure to exchange a coin that has less than 4 BTC volume across all exchanges? Exchanges exist to make a profit... a low volume coin is not profitable. And you can cite dozens coins on exchanges that are less then 4BTC... but they had far more volume when they listed... they have lost volume since listing. The community is eating itself by not listening folks with business and economical experience, but going with the majority voice that just want to see a price rise without any fundamental justification. I will not buy any votes at Mintpal... any spare BTC I have is going to buying KDC to prop it up and increase volume. I had a private PM with the admin of altoutlet about KDC... he is struggling to even price products in KDC because of low volumes and the spread between bid and ask. KDC is not so special that it can defy the laws of economics. I may refuse to believe in gravity, but that does not change the fact that if I jump off a 20 story building that I am going to hit the ground. jackdminer, khag, the CripToe Team, myself and many others are not screaming that KDC is dead... we are screaming to try to keep KDC from committing economic suicide... KDC suffered a near fatal blow with the fork... we are trying to help heal KDC and get it healthy again. When I can not even spend KDC without risking further damage... something is very wrong!!! Not trying to be divisive here. I have a bunch of BTC in KDC, and view exchange listing as being just as vital as existing exchange volume. For the record, if you read back, I opposed the fork as well.
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Speaking directly to jackdminer as well kheg. To repeat... I was absolutely opposed to the block reward reduction... read my posts on this thread and here - http://klondikecoin.com/forum/index.php?topic=7.msg50#msg50The fork was a very risky move that did not pan out and now KDC is on life support and will only survive by the sheer determination of the dev team and community. I will not support another fork nor will the Criptoe team. I am not spending another 12 hour day glued to computer screens with my farm mining 4 fork simultaneously while the rest of the CripToe spends half of their day coding and testing. And we got nothing out of this effort, but some momentary credit and more than a few community members disliking us for taking the initiative. KDC CripToe Pool is costing us money to keep it up and running, we are making nothing from the pool. So to jackdminer and kheg... I agree with 100% of what you are posting. To the dev team and community... to not acknowledge they are right in their observations is suicidal. BUT!!!What is done is done... the fork happened and now we choose to keep this coin from sinking or jump ship. So to jackdminer and kheg... we are on this side of the fork... so we have to work with it and do the best we can. Stop rehashing the should-haves, could-haves, and would-haves... it is too late. We have to choose to work out or leave it. At this point, I and the CripToe Team are choosing to attempt to work it out. And to be honest, there are no easy answers to be found. KDC must gain hash-rate to ensure security of value. The network hashrate is so low that between the miners owned by the CripToe Team we could fork it, create double transactions, and merge back leaving everyone with orphans. Free coins are free coins and can sold to the highest bidder for a profit. KDC is very vulnerable to a malicious 51% attack. But no miner is his right mind is going to through large amounts of hash-rate at a coin that has to increase in price by 700% to become profitable. I cannot afford it, I am sitting on a huge stash of KDC and at this time of the month I have to be mining something to cover my $3000 power bill. So KDC is in a very precarious position. So I thought... I will spend some KDC... buy some Raspberry Pi's and etc with KDC... only to find that the KDC I would be spending would be going right back to CoinedUP within 24 hours and being sold at whatever price needed to fill the sell order. And this is what any retailer must do to cover the real costs of inventory, so I am not criticising the admin of altoutlet in anyway. But spending KDC is not going to the answer either. Then I see members of the community throwing away BTC to buy a spot on an exchange... the amount of BTC wasted on this effort would have been able to clear the sell orders on all exchanges, CoinedUP and SwissCEX, up to 5000 at least and started creating some trading volume. <shakes head> Why isn't the community investing in their own coin? I do not have the answers, but going in circles about how KDC shot itself in the leg with the fork is not the answer. We have to focus on the now and work together to find solutions in spite of the fork or KDC is dead. "Then I see members of the community throwing away BTC to buy a spot on an exchange... the amount of BTC wasted on this effort would have been able to clear the sell orders on all exchanges, CoinedUP and SwissCEX, up to 5000 at least and started creating some trading volume. <shakes head> Why isn't the community investing in their own coin?" ++++++++++10000000000000000000000 well said ... and well spoken. Are you guys that dense? Exposure is absolutely needed. Coinmarket died in a fire. Coinedup has no volume. Poloniex? lol. Money well spent. How much did you guys put forward to get listed?
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already blew my wad on mintpal voting (0.5 btc), all I have left is free voting
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Just got back online. Damnit. and zedcoin? what the hell is zedcoin? picardwtfisthisshit.jpg Anyway, here for the long haul , .78+ BTC poorer quote from mintpal: Zedcoin is still off to a great start. 55 BTC volume in 5 hours. We gotta get on MintPal!!! https://www.mintpal.com/votingThat's the thing, where was zedcoin in voting? Was it even in the top 5? Did they just arbitrarily pick a coin, despite the vote/bribe count? If they're going to just add what they feel like, what's the point?
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Just got back online. Damnit. and zedcoin? what the hell is zedcoin? picardwtfisthisshit.jpg Anyway, here for the long haul , .78+ BTC poorer quote from mintpal: Zedcoin is still off to a great start. 55 BTC volume in 5 hours. We gotta get on MintPal!!! https://www.mintpal.com/votingThat's the thing, where was zedcoin in voting? Was it even in the top 5? Did they just arbitrarily pick a coin, despite the vote/bribe count?
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Just got back online. Damnit. and zedcoin? what the hell is zedcoin? picardwtfisthisshit.jpg Anyway, here for the long haul , .78+ BTC poorer
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Dumped the remainder of my btc (.2886) at cryptsy vote. Should be good for 1443 votes.
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KDC is on life support here. Great services, just no one to use them. Goes to show that hypes/pump and dumps rule the day.
ETA: and I say this as a holder of 55000 KDC.. unfortunate.
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Looks/sounds like a Klondikecoin knock-off.
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Steadily increasing. Signs of life. Up 100% in the last couple of hours or so (252 to 500+)
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@Dopey Epic artwork, looks totally awesome *thumbs up* These Flyers need to be printed in thousands and go out into every cannabis related store, maybe with a short technical explanation on the back. It is great how you are pumping retailer adoption, but imho we need some kind of USD exchange before being successful doing this. Is there already some kind of plan for this? I ve already emailed send-a-seed.com, as they are very trustworthy, but I ll send out that very convincing presentation of DopeCoin to those too. Sweet... I can already see the dope jumping about in joy on the mintpal exchange Low volume, but the activity is there
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somebody is snapping up some dope on mintpal, did I miss some news?
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They blink in and out. The one thing that won't ever blink back in is credibility. Sorry, coinmarket.io died from a fatal case of incompetence. Best of luck to anyone with coin left in the rubble.
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Glad I removed my BTC during one of their blink-on moments. What a mess..
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HERE ARE SOME THOUGHTS AFTER 5 HOURS OF AUDITION
1. I don't think that fraudsters should be refunded. Their money should be spent for NEM promotion.
2. I found two more big fraudsters and I need about 3 hours more to match txids with names. We need more people doing audition, or bigger reward for auditors.
3. I checked about about 50 random transactions and found 5 fraudsters and 4 of them are big which means there are roughly 10% of fraudsters.
Totally disagree. You can't outright steal someone's money. Send it back to where it came from. Did someone already find your sockpuppets? Totally uncalled for. Maybe someone should check the auditors accounts. I have no sockpuppets. Anyway, do you really think it's fine to steal someone's money? How is refunding stealing money ? Reading comprehension, do you have it?
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