[ANN][SCRYPT] KlondikeCoin ★ Cryptsy.com ★ Prepaid VISA Cards ★ 0% Premine [KDC]

[bangomatic]

Been a supporter from the beginning. Picking up on several things here. On the whole these are my own opinions. Not everyone will agree. But hey ho.

New to the crypto world from late last year. Watching. Mining. Learning. Trading. But as an outsider looking in I can't believe how unrealistic the expectations are of most people. The only thing that matters for the next year is survival. Let alone increasing the price. Money is pouring out of bitcoin with no end in sight. This is passing down to all the other coins. There simply isn't enough demand for all these alt coins. Until demand increases the aim of the game is simply to survive. Added to this there are new alt coins added every day that are sucking all the money away from the established coins.  

I also cannot believe that developers start new coins with little to no investment. Klondike Coin is an absolutely remarkable achievement to get to where we are. Especially with no premine. In a years time - fingers crossed - you will be thankful you have these services already up and running.

Couple of things -

I'm not pushing blame on to anyone here and think theres multiple failings across the board, Devs included. Expectations were high and not met. The belief of many was for us to keep pushing more and more services out which cost us personal money, but we did it anyway. Unfortunately those changes made zero diffrerence and people just moved onto asking for another thing, another change etc. My advice to the community leaders is we need to stand still briefly on the development front and start focusing on the marketing! AS it makes no difference what services are released if no one cares or uses them. (For example the gamecodes site has had a total of 2 orders since being put live). That advice wasn't well received.

Jilixi, Spark It, Doge and Placebo: Thank you for all the hard work you put in. I know you dedicated a lot of time trying to make this coin bigger. It's a shame it ended the way it did.

Firstly - Jilixi. Amazing work on the website. From everyone who holds Klondike Coins. Thank you. I've just read your previous post. I'm sure someone will take the site off you.
Secondly - Game codes is a niche market inside a niche market. Not only have you got to be interested in niche games you have to pay with niche vouchers. Until Alt coins become main stream I doubt you will get any more orders. BUT you still need that service in my opinion.

The exchange is fully functional but not quite complete in looks, deposits, withdrawals, trades etc all work. We just have major security concerns in light of all of the exchanges that have popped up and been wiped out over the last few months. This is delaying the release.

I think you already know this. This HAS to be your priority.
An exchange that uses a mixture of Bitcoin and Klondike Coin to pair up with would be amazing. Instead of the daily influx of new coins sucking the money away from Klondike Coin it can be pumped back in to Klondike Coin. Every time a new coin is created you add a Klondike pair to it. After a few days you then add a bitcoin pair. This forces people to buy Klondike Coin. For the first time Klondike Coin has a purpose.  You use the 0.5% transaction fees to buy back your Klondike and pay yourself some wages.
You say you are worried about security. So run the site in beta for 2 months with funny money. No REAL money.

Do it properly. Create a UK Ltd Company with 1000 shares. Offer bounties to anyone who is able to hack your exchange. Doesn't need to be money. 10 Shares will do it. Anyone who finds a security issue that would have lost you money give them 10 shares in your exchange. Of course you could just go down the money route and miss out the shares.  

ONLY when the site is secure and has been secure for several weeks then open the gates to real money. Take as much annual leave as you can from your day job and work round the clock on the exchange. Learn from the other exchanges. There will be issues. Its all about honest communication.

Right -I have a windows plesk cloud server that you are FREE to use. If there is a spike in usage I simply purchase more memory or another CPU for £5 a month. It's nothing. You are also free to use a bog standard shared server I use at site5. If you need other resources let me know and I might be able to assist.

I hope the community begins to work everything out. People need to start thinking long term instead of short term.

Nice post!
The exchange does sound great.

[1714909147]

1714909147

[Hollowman338]

Um, kdcgoods is finished, klondikecoin website goes offline in less than a week, and the exchange is dead (not kdc-centric, now just another exchange).

Are you people blind or just willfully ignorant?

Like I said before, litoshi range by May.

[bangomatic]

@KDCDave

I will apply to rebuild and maintain klondikecoin.com and help with graphics design.

[stecha]

ok, so where are we at?

devs staying on?
web dev replaced?
what is operaters path?
what can the miners expect in the coming weeks.

As a miner i am losing incentive to stay on KDC. I have stayed long through all the bull____!! Now i want to know what are you guys doing for me and my loyalty? What reason or reasons can you give me to stay. Reasons that would give me a clear impression of KlondikeCoins intentions. I know you hear it everyday and you will continue to hear until you bring some stability to the people whom continue to support you day in and day out. i have 5 gpu rigs pointed at KDC(praying for a miracle). i had to move my asics to another coin just to turn a profit. But, everyday i only see negative publicity. When are we going to see some positive trends from this coin? How long are you going to ask us to wait? I understand it takes time in an over saturated market to get moving forward in a positive manner.

With the rate that services are falling off  and the team has imploded from with in, what do you expect people to do? We can only hang on so long. I wont sell off my KDC, i will hang on to them til they either die or make me wealthy. But in the 2 pools (down from 5) im in now that are not in maint. mode, i am top hash top earner and am watching folks drop out at an alarming rate. You guys have everything already up. What seems to be the problem. My friends with large asic farms are still willing to come here but not til you guys announce some changes have been made and are on track to stabilize this coin. Please give me reason to continue supporting KDC. Ive been on since day one and would like to get some ROI on this coin.

stecha

[Wolf_of_Wallstreet]

Just 212 Blocks to go, after that block reward will become 8 KDC...

[stecha]

hey, great

[KDC_Dave]

@KDCDave

I will apply to rebuild and maintain klondikecoin.com and help with graphics design.

Thanks!

That was our first applicant for any position, anymore for anymore?

(FYI we will not be turning the server off if new people don't take over. Andy only responded to the coup, forcing them to make a decision and show it was just all talk).

[G440T]

@KDCDave

I will apply to rebuild and maintain klondikecoin.com and help with graphics design.

Thanks!

That was our first applicant for any position, anymore for anymore?

(FYI we will not be turning the server off if new people don't take over. Andy only responded to the coup, forcing them to make a decision and show it was just all talk).

I'll go for content editor.

[LeBarton]

@KDCDave

I will apply to rebuild and maintain klondikecoin.com and help with graphics design.

Thanks!

That was our first applicant for any position, anymore for anymore?

(FYI we will not be turning the server off if new people don't take over. Andy only responded to the coup, forcing them to make a decision and show it was just all talk).

I can help to update content and so on.

[barryzand]

First off all.. Nice there are people applying for the jobs! great! This coin musnt die... 


Second... I didnt support the multipool idea... though it got me thinking... If the exchange ever comes out... And we have such a multipool like BC has... It could actually work bigtime... That could be big within a few weeks/2 months time...

I was looking at the PND thread.. And they did the same thing with a multipool... That little panda almost doubled in value within a few days... While their multipool isnt as big with hashes as a KDC pool could be...

So yes... I'm now a supporter of a multipool plan... (but the copy issue still bangs in the back of my head though )

In the mean time I will mine a more profitable coin then KDC and make a little "solopool" for myself by exchanging it for btc.. then kdc... lol...

[KDC_Dave]

@KDCDave

I will apply to rebuild and maintain klondikecoin.com and help with graphics design.

Thanks!

That was our first applicant for any position, anymore for anymore?

(FYI we will not be turning the server off if new people don't take over. Andy only responded to the coup, forcing them to make a decision and show it was just all talk).

I'll go for content editor.

I can help to update content and so on.

Thank you both.

[jackdminer]

8 coins a block with a coin value of 1200 and still nearly 80 Mh/s.

It's the community that won't die!!!


I've lost count of the days since I've turned my rigs off...   It's so quiet...

[kahir]

u can put your rigs into another coin .... and buy kdc .... thats what i do

[pym002]

u can put your rigs into another coin .... and buy kdc .... thats what i do

yes it is a good solution given the price

[stecha]

im up to 75,000, 15k mined and rest bought

[jackdminer]

u can put your rigs into another coin .... and buy kdc .... thats what i do

yes it is a good solution given the price

Only if your goal was to hold a bunch of coin with a sub 60 Mh/s NET HASH.

In all seriousness would you call that a secure coin?  With a block reward of 8 or 4 what are the prospects of a higher hash in the future?

Assume that the devs were 150% behind the coin and the current price was 5x, 10x these levels.

The answer to those two questions is still No, and No.

I'm not mining any coin...  And I am coin agnostic in regards to what used to be a basket of 10, probably closer to 4 now.  

Just in time for spring/summer  Who knows what the fall will bring.  I'm sure it will be a completely different landscape.

[jackdminer]

im up to 75,000, 15k mined and rest bought

Would you mind disclosing the average price paid for your 50k KDC?

For educational purposes

[stecha]

I bought the 50k in 3 dif transactions for less then 7 bucks. all from people i know that also said i was crazy for keeping them. But, in my defence i can afford to loose the money im putting into them. So on that note. You may be right. It maybe be a bad move to buy this coin. I guess time will tell.

[stecha]

Well i guess its all in how you look at things. If the team get this exchange up and can drive trade traffic to it, then walaa. Game over for nay sayers, hello money  bags. LOL i dont care what people think. My rigs are not OCed actually they are undervolted and drawing as little pow/hash possible. Maybe 5 is excessive but i can afford it. I made a fortune off BTC and LTC. Hell i would be willing to invest in coin for a % of the entire coin profit. Of course there would need to be alot of discloser.

(Just saying KLONDIKE TEAM)

 

[stecha]

If i were the team at Klondike i would use the past as a good reason to relaunch the coin. I wouldnt take the coin down. But i would do a we got our shit together relaunch and are willing to show it. People are fickle when it comes to losing money. I on the other hand could care less. i dont believe i have lost anything yet. as long as there is trading and mining of some sort going on then there is a chance this team will pull the coin outta the shitter. I only post here to see if i could get info and to see if any of the team is paying attention. So far i have not seen to many good things yet. But im optimistic. I believe these guys have realized what they almost squandered and are ready to dedicate themselves to the cause. Only time will tell.

WTH right, i mined BTC til asics got involved. Sat on them for a couple of years then became very happy when i sold them off for $644.00 a coin. I sold half of my coin and made a lot of cash. I never left anything to exchanges. I always kept everything in a cold storage. Never had a bit of trouble.