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andrealandia
Legendary
 Offline
Activity: 1470
Merit: 1000
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February 18, 2016, 10:00:37 PM |
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no sense to mine, because you can buy 5000 gaiacoin for 0,04 and convert them for 1000 Krypton that are 4000 blocks . . . .
in any case good luck to all!
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seedtrue
Legendary
Offline
Activity: 963
Merit: 1002
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February 18, 2016, 10:02:36 PM |
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In op you are saying future value is 6000 sats per krypton? If I read that correct, really no point to mine since it is only 0.25/block(0.00001500 BTC) and you premined 10,000,000  edit: the guy above me beat me to the same logic |
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sussex
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February 18, 2016, 10:05:53 PM |
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edit: the guy above me beat me to the same logic
And you beat me  The mining equates to .0864 BTC per day at the ICO price - to be shared amongst ALL miners. It's not going to entice a big network, is it? |
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andrealandia
Legendary
Offline
Activity: 1470
Merit: 1000
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February 18, 2016, 10:06:04 PM |
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yes ... or you increase of 10000% the block value, or you not allow to exchange KRY:GAIA ( or if you want at rate 5000gaia:1KRY because with the actually rate the price will be 0.00001500 more or less that for 0.25/BLOCK IS OMGG  ) this coin is created only to support gaia users, beucase if you mine kryptcoin you won't earn for sure |
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sussex
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February 18, 2016, 10:10:15 PM |
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this coin is created only to support gaia users,
GAIA is up nearly 1000% over the last three weeks - the scheme has worked well. |
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covertress (OP)
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February 18, 2016, 10:11:18 PM |
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For anyone having trouble setting up their wallet or mining, I have created an irc room where you can get help in real-time. Come to irc channel #Kryptoncoin If you need an irc client, try this one: http://webchat.freenode.net/See you in #Kryptoncoin room!  |
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seedtrue
Legendary
Offline
Activity: 963
Merit: 1002
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February 18, 2016, 10:13:06 PM |
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yes ... or you increase of 10000% the block value, or you not allow to exchange KRY:GAIA ( or if you want at rate 5000gaia:1KRY because with the actually rate the price will be 0.00001500 more or less that for 0.25/BLOCK IS OMGG ) this coin is created only to support gaia users, beucase if you mine kryptcoin you won't earn for sure Unfortunate choice by the OP. This could have been a decently valued coin, but instead she decided to support bagholders of a failed project which sucked any possible value out of it  |
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covertress (OP)
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February 18, 2016, 10:13:12 PM |
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Not all 10 million coins will be swapped/sold. A large portion will be burned.
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Acidx
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February 18, 2016, 10:14:30 PM |
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For anyone having trouble setting up their wallet or mining, I have created an irc room where you can get help in real-time. Come to irc channel #Kryptoncoin If you need an irc client, try this one: http://webchat.freenode.net/See you in #Kryptoncoin room! When other girls usually ask me into rooms it always ends up costing, I'm sensing this one is gonna cost me something too. |
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sussex
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February 18, 2016, 10:16:03 PM |
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Not all 10 million coins will be swapped/sold. A large portion will be burned.
So, what was the point of 10 million in the first place? |
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sesko
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February 18, 2016, 10:18:50 PM |
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this coin is created only to support gaia users,
GAIA is up nearly 1000% over the last three weeks - the scheme has worked well. Wrong thinking. OP decided to have a premine. AND ICO will sell at 6000satoshi. Gaia buyers and holder have discount from 0-50% depends on the price, they bought GAIA. That's all. If you'r interested now and wanna some, then brainstorm, what is cheaper for you and what amount of KR is enough for you. |
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sussex
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February 18, 2016, 10:22:18 PM |
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what amount of KR is enough for you.
One would be too much. I can't decide if this is an outright scam or just very, very poorly thought out. |
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stoner19
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February 18, 2016, 10:32:43 PM |
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Amongst the team members involved in KR, I'd like to know how much GAIA you personally purchased over the last several months prior to this launch. Lets be honest here...
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Makingsure
Member
Offline
Activity: 140
Merit: 10
Judge a Man not by his postcount,but by activity
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February 18, 2016, 10:44:58 PM |
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Amongst the team members involved in KR, I'd like to know how much GAIA you personally purchased over the last several months prior to this launch. Lets be honest here...
my thoughts too, insider trading anyone? 10 mil coins premined with 0.25 block reward is a slap in my face to my hash pointed at ETH, imo... ""promises to burn coins" -- should not have made that many, this crypto "honor system" never works out GAIA swap -- damn, now we know all your "team" or friends have been buying, disadvantaging the peons (us) on the street at launch this could have been great , but these sneaky profit coins are just rough ;\ my hash stays on eth -watching. |
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ocminer
Legendary
Offline
Activity: 2702
Merit: 1240
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February 18, 2016, 10:53:06 PM |
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http://kr.suprnova.cc - payouts need to be tested though, don't throw too much hash at it yet
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools |
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covertress (OP)
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February 18, 2016, 10:53:52 PM |
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Thank you, ocminer! |
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seedtrue
Legendary
Offline
Activity: 963
Merit: 1002
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February 18, 2016, 10:54:00 PM |
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If every Gaia in existence was swapped for KR at 5 gaia per KR that would only equal to 5,000,000+- KR. Please explain why you decided to premine 10,000,000. Makes no sense.
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covertress (OP)
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February 18, 2016, 11:00:38 PM |
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Please explain why you decided to premine 10,000,000. Makes no sense.
This is a CFC that allows Gaia holders to swap Gaia for KR, it is not intended to end the Gaia chain or remove Gaia from exchanges. It's all detailed on OP. |
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seedtrue
Legendary
Offline
Activity: 963
Merit: 1002
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February 18, 2016, 11:04:47 PM |
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Please explain why you decided to premine 10,000,000. Makes no sense.
This is a CFC that allows Gaia holders to swap Gaia for KR, it is not intended to end the Gaia chain or remove Gaia from exchanges. It's all detailed on OP. If you had not snipped away my math you could have answered the entire question. 24,101,381(total gaia supply) / 5 = 4,820,276.2 10,000,000(premine) - 4,820,276.2 = 5,179,723.8(remaining KR if ALL GAIA were swapped) what is the extra 5,179,723.8 for? |
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