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Author Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B  (Read 1188966 times)
ComputerGenie
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June 21, 2018, 09:40:49 PM
 #16141

...Where did you obtain those numbers?  They don't seem to correlate with what's on CMC...
Then you CMC wrong, because that's where the chart and numbers came from (although I added the physical trendline).

...I'm simply just comparing today to exactly one year ago to make a point that even though KMD has advanced so much tech-wise, the price has gone the opposite direction in terms of BTC. ...
And, like I said, you're starting from a point in time that was still an irrational market and not taking that into account.

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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okie dokie
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June 21, 2018, 09:42:30 PM
 #16142

I would like to take this opportunity to thank everyone dumping their bags at a loss because they have an issue with 1 GUI out of the dozens of platform projects; I promise that when the market goes back up, I'll spend the profits you're giving up on so many nice things for myself.  Cool

Yup, I will second that.



Martin Armstrong's model is calling a bitcoin directional change in July. Looks like we might be right at or near the bottom. Kinda a funny time to sell seeing as how everything has been rising and falling as one asset class.

https://www.armstrongeconomics.com/world-news/cryptocurrency/cryptocurrencies-down-into-july/
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June 21, 2018, 10:05:24 PM
 #16143

Yup, not even real just virtual.
LOL the bunny is fun to play with, but impossible to take serious; I'm still waiting for him to sign a message with an addy that holds "seven figures".....

How about this weenie, Put up your so called 250K and if I don't produce, you win. When I produce showing 7 figures - how about 8, I get your dust of 250k.

Bring it on weenie!
RichardT
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June 21, 2018, 10:43:53 PM
 #16144

...Where did you obtain those numbers?  They don't seem to correlate with what's on CMC...
Then you CMC wrong, because that's where the chart and numbers came from (although I added the physical trendline).

...I'm simply just comparing today to exactly one year ago to make a point that even though KMD has advanced so much tech-wise, the price has gone the opposite direction in terms of BTC. ...
And, like I said, you're starting from a point in time that was still an irrational market and not taking that into account.

I don't think so. For instance, March 14th 2017 shows that KMD was around 30k sats. Not the 750 sats that you stated (I don't think KMD was ever close to being this low). Also, what makes you say that June 21st 2017 was during an irrational market?  Is the market not irrational today? Are the dates that you specifically picked not irrational?  Just wondering.
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June 21, 2018, 11:02:14 PM
 #16145

I don't think so. For instance, March 14th 2017 shows that KMD was around 30k sats. Not the 750 sats that you stated (I don't think KMD was ever close to being this low). Also, what makes you say that June 21st 2017 was during an irrational market?  Is the market not irrational today? Are the dates that you specifically picked not irrational?  Just wondering.

I think ComputerGenie was off by a zero. I think he meant 7.5K sats. KMD all-time low is 3K sats with an all-time high of 93K sats, according to CoinMarketCap.com.

ComputerGenie
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June 22, 2018, 12:32:24 AM
 #16146

I think ComputerGenie was off by a zero. I think he meant 7.5K sats. KMD all-time low is 3K sats with an all-time high of 93K sats, according to CoinMarketCap.com.
Stop trying to think; you're apparently not good at it:


image.ibb.co/eVH3x8/Untitled.png

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
ComputerGenie
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June 22, 2018, 12:39:51 AM
 #16147

I don't think so. For instance, March 14th 2017 shows that KMD was around 30k sats. Not the 750 sats that you stated (I don't think KMD was ever close to being this low). Also, what makes you say that June 21st 2017 was during an irrational market?  Is the market not irrational today? Are the dates that you specifically picked not irrational?  Just wondering.
See above for the 1st part of how you're wrong.
As for the rest, between May 15 and June 15 2017, nearly every market irrationally "exploded" to new ATH levels. The majority of the markets today are still overvalued and the dates that I picked represent a realistic trendline that ignores both irrational and hype spikes that don't matter to any long term value.

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
Microcoin jxk
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June 22, 2018, 12:43:00 AM
 #16148

What we as the community of BTCD should do is to ask for the ICO funds for ourselves as a DAO and only pay to jl777 for the actual work he does (if any). That way the funds would remain in the hands of the community. In addition, BTCD should still be renamed to Komodo because BTCD needs a better name.
RichardT
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June 22, 2018, 12:56:13 AM
 #16149

I don't think so. For instance, March 14th 2017 shows that KMD was around 30k sats. Not the 750 sats that you stated (I don't think KMD was ever close to being this low). Also, what makes you say that June 21st 2017 was during an irrational market?  Is the market not irrational today? Are the dates that you specifically picked not irrational?  Just wondering.
See above for the 1st part of how you're wrong.
As for the rest, between May 15 and June 15 2017, nearly every market irrationally "exploded" to new ATH levels. The majority of the markets today are still overvalued and the dates that I picked represent a realistic trendline that ignores both irrational and hype spikes that don't matter to any long term value.

Ok. So I guess let's just completely ignore the December 2017 hype when KMD and pretty much everything else was on its way up to its respective ATH?  You used December 11 as one your plot points.

You say most markets are still overvalued today.  Doesn't that suggest that the market is still irrational today? You also used today as one of your plot points.
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June 22, 2018, 01:28:53 AM
 #16150

I would to know why has komodo been under attack more than other projects? How many enemies does 777 have from the nxt days?
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June 22, 2018, 07:38:58 AM
 #16151

A little food for thought. I like looking at historical price data to assess a project.
 
Exactly 1 year ago on June 21, 2017, KMD price was around $2.11 while BTC price was $2700.  KMD volume at this time was around 1.2 mil.

Today, KMD price is around $1.81 and BTC is at around $6700. KMD volume is currently about $300k.

So was KMD overvalued 1 year ago or incredibly undervalued today?  Alot of good things have happened in a year for KMD. Much improved wallet, release of BarterDEX, 3 DICOs going with more to come, plus many more things in the pipeline.  Bottom line is great, working tech.

Next question is, if KMD is undervalued, then why?  Is the market really that stupid or is it another issue?  The tech is sound, so should this be a wake up call for the marketing team?  I don't know.  Just something to think about.

Part of what you're not taking into account is that all markets went, pretty much, insane just before the time of your base comparison.
Once you get past that, you should ignore the pseudo USD price of combining mutiple markets to arrive at a "price" that's not truely a legitimate value.

Now, let's look at real markets:
March 14, 2017 - KMD/BTC - 0.00000751
April 14, 2017 - KMD/BTC - 0.00011952
Dec 11, 2017 - KMD/BTC - 0.00018155
June 20, 2018 - KMD/BTC - 0.00027889

Plot it all on a realistic trendline and you get:


Even the massive "crashes" that amount to nothing more than realistic corrections end up on an upward trend.

Where did you obtain those numbers?  They don't seem to correlate with what's on CMC. Also seems a bit like you're cherry picking dates to make your data look like what you want.  I'm simply just comparing today to exactly one year ago to make a point that even though KMD has advanced so much tech-wise, the price has gone the opposite direction in terms of BTC.  

I'm not trying to FUD.  Was just wanting to strike up a conversation and see if anyone could come up with a good reason/solution.  Not sure where all these fudders suddenly came out from. Reminds me of why I don't hang out in these forums much anymore.

RichardT the numbers do correlate with what's on CMC.
ComputerGenie why do you actually consider only the lows to be the real market?
And concerning that 750 sat low, it's one of two things: Either it's a glitch in the chart, or, more likely, is related to the hack that happened back in the days when KMD was listed on cryptox.pl and some entity generated fake coins and dumped them there. That's actually the least rational value of that chart.

ComputerGenie
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June 22, 2018, 10:35:55 AM
 #16152

...ComputerGenie why do you actually consider only the lows to be the real market?
And concerning that 750 sat low, it's one of two things: Either it's a glitch in the chart, or, more likely, is related to the hack that happened back in the days when KMD was listed on cryptox.pl and some entity generated fake coins and dumped them there. That's actually the least rational value of that chart.


Even if we assume that the 750 is a data anomaly and we pick another March date (or even walk it back further to the Feb 2017 that were much higher than March) as a replacement, the overall trendline doesn't change much.
When you take out the "noise" of the entire space suddenly "mooning", alt inversion to BTC in Sept., and non-normal actions that December brought, you're left with something that may "look like" cherry-picking lows; however, early Dec is a near perfect retracement on any trendline one places from pre-June '17 to now.

Every non-noise trendline points to upward movement. We could argue all day if that movement is 2x BTC, 3x BTC, or 12x BTC/USD (depending on points of data and/or valuation), but the fact remains that all markets suck right now in comparison to some historical date. Since we're stuck trying to swim with the BTC rock around our necks, one could ask why it's sunk to less than 1/3 of what it was 6 months ago and dragging those tied to it with it.

The reality is that no matter what conclusion you come to or what your basis for evaluation is, it's always going to be provably wrong in someone else's view because every bit of it is based on multiple markets daisy-chained together that sometimes move together, sometimes move independent, and sometimes move as a complete inverse and and no time has any rational explanation as to why which is which.

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
hiphoptrail
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June 22, 2018, 10:51:55 AM
 #16153

...ComputerGenie why do you actually consider only the lows to be the real market?
And concerning that 750 sat low, it's one of two things: Either it's a glitch in the chart, or, more likely, is related to the hack that happened back in the days when KMD was listed on cryptox.pl and some entity generated fake coins and dumped them there. That's actually the least rational value of that chart.


Even if we assume that the 750 is a data anomaly and we pick another March date (or even walk it back further to the Feb 2017 that were much higher than March) as a replacement, the overall trendline doesn't change much.
When you take out the "noise" of the entire space suddenly "mooning", alt inversion to BTC in Sept., and non-normal actions that December brought, you're left with something that may "look like" cherry-picking lows; however, early Dec is a near perfect retracement on any trendline one places from pre-June '17 to now.

Every non-noise trendline points to upward movement. We could argue all day if that movement is 2x BTC, 3x BTC, or 12x BTC/USD (depending on points of data and/or valuation), but the fact remains that all markets suck right now in comparison to some historical date. Since we're stuck trying to swim with the BTC rock around our necks, one could ask why it's sunk to less than 1/3 of what it was 6 months ago and dragging those tied to it with it.

The reality is that no matter what conclusion you come to or what your basis for evaluation is, it's always going to be provably wrong in someone else's view because every bit of it is based on multiple markets daisy-chained together that sometimes move together, sometimes move independent, and sometimes move as a complete inverse and and no time has any rational explanation as to why which is which.

Hey weenie, I know liquidity is foreign to your ass stained fruit of the loons but I suggest you give it a try and move out of momma's basement. Your flawed logic shows that you are young and have no real world life experiences.
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June 22, 2018, 01:26:41 PM
Merited by ComputerGenie (4), Littledragons (1)
 #16154

I think ComputerGenie was off by a zero. I think he meant 7.5K sats. KMD all-time low is 3K sats with an all-time high of 93K sats, according to CoinMarketCap.com.
Stop trying to think; you're apparently not good at it:


image.ibb.co/eVH3x8/Untitled.png

My mistake I thought you were off but as they say a picture is worth a thousand words. However, you shouldn't act like this guy:



He attracts trolls...

Littledragons
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June 22, 2018, 01:33:39 PM
Merited by cmg777 (1)
 #16155

I think ComputerGenie was off by a zero. I think he meant 7.5K sats. KMD all-time low is 3K sats with an all-time high of 93K sats, according to CoinMarketCap.com.
Stop trying to think; you're apparently not good at it:


image.ibb.co/eVH3x8/Untitled.png

My mistake I thought you were off but as they say a picture is worth a thousand words. However, you shouldn't act like this guy:



He attracts trolls...

This... So much this.

T r a x i o n                              TRADE AND EARN DURING PRE-ICO
TRANSITIONS YOU TO A CRYPTO-READY SOCIETY        Pre-Sale starts April 15, 2018
GITHUB     TELEGRAM     MEDIUM     FACEBOOK     TWITTER     REDDIT     YOUTUBE
ComputerGenie
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June 22, 2018, 02:37:56 PM
 #16156

you shouldn't act like this guy:
...
He attracts trolls...
  Cheesy LOL

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
bitChipper
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June 22, 2018, 03:01:38 PM
 #16157

Zcash dev holds Zcashco hostage by threatening to fork leading up to the overwinter release because they didnt pay him/her enough to maintain the the zcash wallet.

He/She mentions in the article that his/her builds were used by most if not all zcash implementations including komodo, they go on to mention that Komodo paid them more than any other altcoin for the work done.

The developer must be independent, not exclusive to any coin...think it says something about Komodo core team reimbursing more to valuable developer work. But I am curious komodo's opinion on this article and forum post.

Original forum post threatening the fork if not paid more:
https://forum.z.cash/t/winzec-zcash4win-mac-overwinter-and-sapling-an-uncertain-future/29769

Coindesk article talking about it:
https://www.coindesk.com/zcash-pays-off-angry-developer-avoid-blockchain-split/

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June 22, 2018, 09:25:28 PM
 #16158

Now, regardless of how it is done, the idea is to determine if a fork is worthy of being able to call itself a KMD fork. It must be a complete fork of KMD if it is advertising itself as that. And if it saying it has made improvements to KMD, then that also must be demonstrated. So we will post a report card on the status as we find out about these forks. It might not be updated in a realtime fashion as you have said we have more important things to do, and the burden is on the fork to prove themselves.

From what I have seen the changes made to fix the hashrate issues will be ineffective and does not address the real security issues that they have already been notified about. I guess it is more important to prevent any notary mined coins from being used than to actually fix the coin. Until SAFE is an actual KMD fork and safe from the known attack vectors, we reserve the right to field test the new versions against the claimed fixes. It just isnt responsible to release known vulnerable code. However any coins gained from such activities will be set aside for the future development of that fork and it wont be sold off on the open market.
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June 23, 2018, 09:54:40 AM
 #16159

 Currently I prefer Komodo over Monero but I am not sure if Komodo is really a privacy coin Sad
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June 23, 2018, 11:46:50 AM
 #16160

Currently I prefer Komodo over (removed) but I am not sure if Komodo is really a privacy coin Sad

Yes it will perform as a privacy coin with Zero Knowledge Snarks and Jumbler added to obfuscate transactions at both ends of the transaction, as far as I know no other coin provides this level of privacy.

I wouldn't call it a privacy coin like the one you mentioned though because it is more of a platform with A1 privacy, rather than just a coin.

It will do Atomic Swaps as well as 1 million transactions a second plus it will be Smart Contract enabled soon but saying that Atomic Swaps are performed with Smart Contracts so it is already doing that as a function.

I think you best look at the below, for more you can do with KMD.

Komodo Platform Service Desk

https://komodoplatform.atlassian.net/wiki/spaces/KPSD/overview

  
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