I admit that it's as iffy as it gets, but does that mean there isn't a lot of money to be made? No. Just like with altcoins, there are winners and there are losers. Smart people will know a get-rich-quick scheme when they see one, and they'll use it to their advantage.

There is a pecking order to these things, and if I've learned anything, there's Ponzi schemes, Ponzi players and Ponzi suckers.

Show me an IPO that's really any different.


It very well could be. It does have to be fair to be successful. This just another way for smart people to get richer, and not-so-smart people to get poorer. No different than hundreds of schemes like it. It's already Beyond the means of your average crypto enthusiast. This is solely for people with big money and big ideas.

Oh god I want to buy it up sooo bad. 

I actually do hold some 9Nyan, so I do have a vested interest in its success. As long as there is transparency in the premine, then I will convert them to Credit.

What's the premine? 10%?

Isn't that what caused this coin to be taken over by the other Nyan? 

This is just my opinion. There as so many unpredictable market factors that all I can do is speculate based on what I know. I have a good track record of getting it right, though. I'm open to counter-arguments, but there's so many variables to consider that I don't think anyone can predict how well KDC will do. I am certain if Cryptsy list KDC though that you will see a big price jump. It seems like this is what everyone is preparing for.

People are forcing the price low to get more coins. There's a lot of money in KDC right now.

I've said since early on that a value of 0.001 is not unreasonable, and while it is highly speculative, it is based on past experience of seeing how other coins have faired, and taking into consideration the hashpower, thread interest, continued development and coin rarity, I do not think it is too far off the mark in the near to short-term.

Oh, that's a shame. I found a block though, so I'll continue mining for the moment, as I have no pressing desire to mine anything else at the moment, and I know grain will continue to be valuable and even more so long-term, so it's a good way to spend my hashpower.

Oh, a centralised bank is backing this? A centralised fiat bank is investing in this, and will have a say in this?

Out.

Totally undermines what cryptocurrency is meant to be about. Satoshi would be sad.

There are a few small exchanges around right now, including coinmarket.io and freshmarket.co.in that may accept Premine.

I don't know if we should push now, or later, though.

I think wait until the new wallet is released next week, and I'll use some of my PMC to promote the hell out of it.

You and me both.

Yep, KDC has volume. It's being held back by big players who want to reap the rewards when the price explodes. That's how you can tell the price will really go up. Figuratively speaking, it's like trying to hold a tightly wound coil in your fists. Eventually you'll lose your grip and physics dictates the rest.

You'll see walls crumble on both sides when a big exchanges takes on KDC.

Sent you 100,000. 

Yep. Someone is deff trying to hold this coin back from soaring.

If it was a glitch I doubt those coins actually exist. I wouldn't risk trying to sell them or you may end up with a negative balance.

FYI, my BTC withdrawal never went through when the site went down. Once it was back up I made the withdrawal and recieved the BTC instantly. Love how fast this site is. Hope they continue developing it.

No problem. I'll be available for the next 4 or 5 hours. 

FFS. Coinmarket just went down as I requested a BTC withdrawal.

I'm going to throw a fit if that vanishes.

Good grief, lol. Still alive and kicking then.

If you change your mind, maybe I'll send you a little PMC.

Not when it's valuable, though. Can't get on the train once it's left the station.

500,000 total coins in existence. No IPO. No BS. Real distribution.

Sent a few.