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

[tminer]

nice banner

thank u.

the boast will be much higher than cryptsy, if a reputed merchant accepts KDC

[1714845301]

1714845301

[1714845301]

1714845301

[1714845301]

1714845301

[brother3]

We're looking at having physical coins & 'gold' bars made with wallet private keys embedded on the back (like the casascius coins for btc) Thoughts/opinions?

http://www.theverge.com/2013/12/13/5207256/casascius-maker-of-shiny-physical-bitcoins-shut-down-by-treasury

Scary!!

[busabus]

Does anyone have contact details for cryptofountain?  I think my account was part of the hacking spree and it's showing as locked - contact support, but of course there's no support details...

Thanks!

[KlondikeCoin]

We're looking at having physical coins & 'gold' bars made with wallet private keys embedded on the back (like the casascius coins for btc) Thoughts/opinions?

http://www.theverge.com/2013/12/13/5207256/casascius-maker-of-shiny-physical-bitcoins-shut-down-by-treasury

Scary!!

Yeah, saw this but not too worried as we aren't based in the US so aren't subject to the broken legal system

[sameev29]

Did they give up trying to get it added at cryptsy?

[KlondikeCoin]

Did they give up trying to get it added at cryptsy?

Us? Not at all!

Its a waiting game with Cryptsy, they add coins in batches, i'd imagine they have the next batch already planned out before we became noteable. But i'm confident we will be on cryptsy in the near future and will continue to keep up the support on the request page.

http://imgur.com/A988tg6

[MysticDOGE]

Just few ideas that popped into my brain that I like to share:

Who is able to setup a webshop where he/we can sell things like mugs with the klondike logo etc / tshirts. Ofc payment in KlondikeCoin.

Or somekind of KDC ebay?

[mattbigblue]

I think this coin will have same problems as CAT, RPC and similar that have long diff retarget period. You can already see that, we had almost 1Gh/s yesterday, now we dropped to less than 300Mh/s...Once we lower the diff, hashrate will increase again to unhealthy levels, and on next diff retarget goes back down..ping-pong..to be honest, because doge and other coins, it only draw attention out from us, otherwise they would all mine here and the process I've described above would occur much faster..You should think about some kind of reward system for stable miners and not difficulty hoopers and implement it in the code...seriously, I've been for a while in crypto world, followed most of the coins in past 3 months and I can see the pattern everywhere.

[brother3]

We're looking at having physical coins & 'gold' bars made with wallet private keys embedded on the back (like the casascius coins for btc) Thoughts/opinions?

http://www.theverge.com/2013/12/13/5207256/casascius-maker-of-shiny-physical-bitcoins-shut-down-by-treasury

Scary!!

Yeah, saw this but not too worried as we aren't based in the US so aren't subject to the broken legal system

 

I think it's a good idea then!!!

[deuteronpsi]

Scroll to the bottom  
http://www.acadianapridefestival.com/#!donate/c1ghi

[MysticDOGE]

I think this coin will have same problems as CAT, RPC and similar that have long diff retarget period. You can already see that, we had almost 1Gh/s yesterday, now we dropped to less than 300Mh/s...Once we lower the diff, hashrate will increase again to unhealthy levels, and on next diff retarget goes back down..ping-pong..to be honest, because doge and other coins, it only draw attention out from us, otherwise they would all mine here and the process I've described above would occur much faster..You should think about some kind of reward system for stable miners and not difficulty hoopers and implement it in the code...seriously, I've been for a while in crypto world, followed most of the coins in past 3 months and I can see the pattern everywhere.

RPC is THE example here. As a fan and holder of RonPaulCoin its hard for me seeing the coin struggle. Last thing I heard is they implemented something to counter it.

A wise idea for dev to have chat with rpc/cat dev to exchange thoughts? (before it might slip out of control)

[brother3]

I think this coin will have same problems as CAT, RPC and similar that have long diff retarget period. You can already see that, we had almost 1Gh/s yesterday, now we dropped to less than 300Mh/s...Once we lower the diff, hashrate will increase again to unhealthy levels, and on next diff retarget goes back down..ping-pong..to be honest, because doge and other coins, it only draw attention out from us, otherwise they would all mine here and the process I've described above would occur much faster..You should think about some kind of reward system for stable miners and not difficulty hoopers and implement it in the code...seriously, I've been for a while in crypto world, followed most of the coins in past 3 months and I can see the pattern everywhere.

+1

Kimoto's Gravity Well?

[MysticDOGE]

coinmarket.io: Markets resuming in less than 30 minutes.

[Nullu]

Scroll to the bottom  
http://www.acadianapridefestival.com/#!donate/c1ghi

Hey, that's cool.

Do you know them?

[deuteronpsi]

Scroll to the bottom  
http://www.acadianapridefestival.com/#!donate/c1ghi

Hey, that's cool.

Do you know them?

Yeah I'm a volunteer for the festival.

[Nullu]

I think this coin will have same problems as CAT, RPC and similar that have long diff retarget period. You can already see that, we had almost 1Gh/s yesterday, now we dropped to less than 300Mh/s...Once we lower the diff, hashrate will increase again to unhealthy levels, and on next diff retarget goes back down..ping-pong..to be honest, because doge and other coins, it only draw attention out from us, otherwise they would all mine here and the process I've described above would occur much faster..You should think about some kind of reward system for stable miners and not difficulty hoopers and implement it in the code...seriously, I've been for a while in crypto world, followed most of the coins in past 3 months and I can see the pattern everywhere.

+1

Kimoto's Gravity Well?

+1

I have to agree. History has a habit of repeating itself. If the multipool and coin hoppers join in, the difficulty will swing and there will be dumping. I'm not saying it will happen, but I hope dev would be able to produce a version of KDC with Kimoto's Gravity Well in advance, so we can have a quick and smooth transition. I won't say the F word (no, not that word, you know the one I mean), but the smart thing to do is be prepared.

Foxcoin recently released with Kimoto's Gravity Well and the whales couldn't even instamine it. 

[nightengale]

I think this coin will have same problems as CAT, RPC and similar that have long diff retarget period. You can already see that, we had almost 1Gh/s yesterday, now we dropped to less than 300Mh/s...Once we lower the diff, hashrate will increase again to unhealthy levels, and on next diff retarget goes back down..ping-pong..to be honest, because doge and other coins, it only draw attention out from us, otherwise they would all mine here and the process I've described above would occur much faster..You should think about some kind of reward system for stable miners and not difficulty hoopers and implement it in the code...seriously, I've been for a while in crypto world, followed most of the coins in past 3 months and I can see the pattern everywhere.

I brought this up very early on and the lead dev commented that s/he didn't think it would be an issue. Maybe s/he can explain further why they don't think it will be a problem... ?

[Delivereath]

It has been a problem for many coins and then, after the required hard fork, some of them just died.

It would be a very good idea to be prepared for this kind of situation.

By the way, is http://kdc.cryptofountain.com still running ?

[MysticDOGE]

Latest update from coinmarket.io: Markets resuming in less than 15 minutes.

[deuteronpsi]

By the way, is http://kdc.cryptofountain.com still running ?

Yeah, it's at 34MH and I'm using it right now.