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Author Topic: [ANN][SCRYPT] KlondikeCoin ★ Cryptsy.com ★ Prepaid VISA Cards ★ 0% Premine [KDC]  (Read 554370 times)
Sparkzor
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February 07, 2014, 05:45:37 PM
 #5421

TBH I just want enough to buy games Cheesy.
Haha, so the market did attract one person atleast!  Grin

I think the game market is a fantastic idea. It's the only thing I'd really consider spending crypto on at the minute. There are a lot of sites taking crypto as payment, but not many of them are selling stuff I'm interested in Sad. If the value of KDC increases and the game prices reflect that, I will absolutely be buying some. 800 KDC is a bit too risky at this stage for me though, although it's not live yet so no point speculating in price Smiley
Yeah exactly! The price of KDC has to go up before people will buy with KDC. BUT it still exists, which will get people here! That's the main purpose of the site atm!
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February 07, 2014, 06:06:04 PM
 #5422

I was on Coinwarz, and KDC's exchange price was rated "above average."  Almost every coin at the top is either "average" or "above average."  The only coin that was rated "below average?" You guessed it, Stablecoin. LOL  Grin  That was good for a few laughs.
brother3
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February 07, 2014, 07:44:43 PM
 #5423

I was on Coinwarz, and KDC's exchange price was rated "above average."  Almost every coin at the top is either "average" or "above average."  The only coin that was rated "below average?" You guessed it, Stablecoin. LOL  Grin  That was good for a few laughs.

 Grin Grin Grin
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February 07, 2014, 08:01:30 PM
 #5424

Kinda funny to sit at Coinmarket and see the SMC rush,keeps me woundering tho what do they have that we don't? and i can't fig it out  Huh

Sparkzor
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February 07, 2014, 08:32:19 PM
 #5425

Kinda funny to sit at Coinmarket and see the SMC rush,keeps me woundering tho what do they have that we don't? and i can't fig it out  Huh
Only $0.16... That's like $0.08 for us!
Same market cap as us.
We will have our rise soon, very soon. We'll be added to another exchange tomorrow most likely!
Not cryptsy though..

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February 07, 2014, 08:45:54 PM
 #5426

Kinda funny to sit at Coinmarket and see the SMC rush,keeps me woundering tho what do they have that we don't? and i can't fig it out  Huh
Only $0.16... That's like $0.08 for us!
Same market cap as us.
We will have our rise soon, very soon. We'll be added to another exchange tomorrow most likely!
Not cryptsy though..



Think the only thing we will get from Cryptsy atm is a big DUMP so i'm not worried that we are still out of there  Cheesy

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February 07, 2014, 08:58:22 PM
 #5427

Kdc to the grave
Squeegie
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February 07, 2014, 08:59:37 PM
 #5428

Kdc to the grave

Go home,you drunk  Roll Eyes

brother3
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February 07, 2014, 09:02:06 PM
 #5429

Kdc to the grave

Go home,you drunk  Roll Eyes

Too drunk to remember !!!  Grin
barryzand
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February 07, 2014, 09:02:29 PM
 #5430

Kdc to the grave


hahahaha  Tongue

based on?  Roll Eyes
wedret
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February 07, 2014, 09:04:46 PM
 #5431

Kdc to the grave


hahahaha  Tongue

based on?  Roll Eyes

Community
brother3
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February 07, 2014, 09:07:42 PM
 #5432


Uh huh..Sure...And my name is Abe Lincoln...
Sparkzor
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February 07, 2014, 09:08:10 PM
 #5433

Lol, c'mon Obama... you may be famous but not THAT famous bro!
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February 07, 2014, 09:09:30 PM
 #5434

Lol, c'mon Obama... you may be famous but not THAT famous bro!

Shhhhhhh...Damn it...Now you've done it!!!!!
Oh btw......Just so you know Obama Care was someone else's idea.....Seriously!!!
Sparkzor
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February 07, 2014, 09:12:37 PM
 #5435

Lol, c'mon Obama... you may be famous but not THAT famous bro!

Shhhhhhh...Damn it...Now you've done it!!!!!
Oh btw......Just so you know Obama Care was someone else's idea.....Seriously!!!
Yeaaah sure, blame on the others! Blame the white community!
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February 07, 2014, 09:15:38 PM
 #5436

Damn,  kdc got me,  im drunk on party still thinking of kdc.  Have to post anything
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February 07, 2014, 09:22:35 PM
 #5437

Kinda funny to sit at Coinmarket and see the SMC rush,keeps me woundering tho what do they have that we don't? and i can't fig it out  Huh

The only thing I see is that the SMC are harder to mine than KDC so in order to make a profit, miners must sell at a higher price. Just a for instance...a miner at 13 mh/s can only get about 640 smc a day where the same miner can get about 2100 kdc. Barring panic selling or buying, it looks like the price of coins is mainly based up the mining difficulty.  I was mining and selling elacoin a couple months back and that coin is nearly dead but I could mine about 100 a day at 6.6 mh/s and the coins sell for .70 - $1 ea. As far as I can tell that coin has zero going for it...no dev team, no buzz, nothing but they still sell at a high price because the mining dif is high. I wouldnt look for KDC to hit $1 until block halving maybe twice and then some. of course that's just my opinion.
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February 07, 2014, 09:30:28 PM
 #5438

Kinda funny to sit at Coinmarket and see the SMC rush,keeps me woundering tho what do they have that we don't? and i can't fig it out  Huh

The only thing I see is that the SMC are harder to mine than KDC so in order to make a profit, miners must sell at a higher price. Just a for instance...a miner at 13 mh/s can only get about 640 smc a day where the same miner can get about 2100 kdc. Barring panic selling or buying, it looks like the price of coins is mainly based up the mining difficulty.  I was mining and selling elacoin a couple months back and that coin is nearly dead but I could mine about 100 a day at 6.6 mh/s and the coins sell for .70 - $1 ea. As far as I can tell that coin has zero going for it...no dev team, no buzz, nothing but they still sell at a high price because the mining dif is high. I wouldnt look for KDC to hit $1 until block halving maybe twice and then some. of course that's just my opinion.

I've been thinking the same thing myself.  Please don't take my comments as a complaint because I believe in the devs, and this community is one of the best.  I have been buying KDC's everyday including this morning.  Taking emotion out of the equation and looking at things objectively, I have come to a couple of conclusions that I have also mentioned previously.  

To be fair KDC already had a couple of rushes and the community support of the coin has been more than outstanding.  This coin should have already been trading 10x higher.  So why is it sitting at the current level and decreasing in value by the week?  It's seems the answer is staring at us right in the face and until there is something done about it, I feel it's only going to follow the same weekly downward path it's been on.

The cause of all this?  Dilution. plain and simple.  There is more than double the total amount of KDC coins available on the market today as there was when KDC reached 40,000.  There will be three more times KDC in the market when KDC reaches halving in two months time.  Based on our current market cap of $350,000, the market cap of KDC will have to increase by $1,000,000 just to maintain it's current price.  If the market cap stays the same, with the level of dilution we are seeing everyday, the price of Klondike will fall to 2,500-3,500 by the time we start halving.

KDC and its goal of reaching maturity in three years, has the unintended effect of being the most diluted coin in the market today.  Every day we purchase the coins, 100,000 more KDC's are being newly minted.  We all want to close our eyes and believe that KDC will hit $1-5 a coin, but taking into factor the rate of dilution in PROPORTION to the total amount of KDC's, that would be very difficult.  There is also a negative psychological effect of buying, buying, buying more KDC and seeing the price get diluted further every day with another 100,000 coins a day.  We have had a large portion of the community continuously buy KDC's, but if you look at the numbers without emotion, our investment is getting diluted so fast we cannot keep up with all the coins being newly minted daily.  The amount of coins will triple by the time we start halving and who is going to keep buying and supporting KDC's when every day its getting diluted at an alarming rate, such that it is impossible to keep up with the supply?

There is growing frustration among the KDC community because the buying volume has been there to support much higher prices, but every day there is a huge amount of supply and that causes an excess amount of selling resulting in more non-stop dumping that directly results in deflated prices.  This coin is very popular with one of the strongest community, but I believe the rush to maturity in three years in concept is flawed.  It creates too much pressure on the community to keep buying even though their investment is getting diluted at a maximum rate in proportion to the total amount of coins.  We are seeing a direct result of the dilution every night.  Where does all the dumping come from and why is the price of KDC's keep going downwards instead of upwards when there is so much volume?  Because most of the volume is spent on absorbing the amount of new coins being minted on a daily basis.  There is way too much supply/dilution of the KDC market going on to support a rush or even to maintain its current price level.

I have been a steady supporter of KDC and everyone knows I have been posting on this forum daily.  But, after analyzing the market dynamics of KDC without emotion, I have come to realize that I have to stop buying KDC's until there is an adjustment to the dilution rate.  I implore the Devs to re-consider moving up the halving and reducing the total amount of coins.  Take emotion and stubbornness out of the equation and look at the numbers objectively.  At the dilution path we are on, even Cryptsy will not be able to support a higher price.  It may cause a small short burst but will follow by a crash I'm sure, because too much of the coin is being minted in proportion to the total that will be available.

I remain loyal to the coin, but I may have to move on to other coins until this dilution problem is rectified.  Every day that passes by is another day a new coin gets birthed into existence.  By the time halving occurs, there will be another 100 coins into play.  The altcoin market landscape is changing month to month.  Do not evaluate KDC's investment path to what occurred last month with other altcoins. Every dollar that is not being invested in KDC today is another day that money goes into other new coins.  We are being threatened every day by immense excessive dilution of KDC coin plus dilution of the altcoin market.  I fear that KDC will not continue to get the buy support necessary to keep on supporting this rate of dilution.  Buying KDC's must make sense, not just emotionally but also mathematically.

Admittedly, I am new to altcoin investing and would like to hear from people that are wiser than me with any confirmations or disputes to what I am writing.
barryzand
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February 07, 2014, 09:34:13 PM
 #5439

Kinda funny to sit at Coinmarket and see the SMC rush,keeps me woundering tho what do they have that we don't? and i can't fig it out  Huh

The only thing I see is that the SMC are harder to mine than KDC so in order to make a profit, miners must sell at a higher price. Just a for instance...a miner at 13 mh/s can only get about 640 smc a day where the same miner can get about 2100 kdc. Barring panic selling or buying, it looks like the price of coins is mainly based up the mining difficulty.  I was mining and selling elacoin a couple months back and that coin is nearly dead but I could mine about 100 a day at 6.6 mh/s and the coins sell for .70 - $1 ea. As far as I can tell that coin has zero going for it...no dev team, no buzz, nothing but they still sell at a high price because the mining dif is high. I wouldnt look for KDC to hit $1 until block halving maybe twice and then some. of course that's just my opinion.

I've been thinking the same thing myself.  Please don't take my comments as a complaint because I believe in the devs, and this community is one of the best.  I have been buying KDC's everyday including this morning.  Taking emotion out of the equation and looking at things objectively, I have come to a couple of conclusions that I have also mentioned previously.  

To be fair KDC already had a couple of rushes and the community support of the coin has been more than outstanding.  This coin should have already been trading 10x higher.  So why is it sitting at the current level and decreasing in value by the week?  It's seems the answer is staring at us right in the face and until there is something done about it, I feel it's only going to follow the same weekly downward path it's been on.

The cause of all this?  Dilution. plain and simple.  There is more than double the total amount of KDC coins available on the market today as there was when KDC reached 40,000.  There will be three more times KDC in the market when KDC reaches halving in two months time.  Based on our current market cap of $350,000, the market cap of KDC will have to increase by $1,000,000 just to maintain it's current price.  If the market cap stays the same, with the level of dilution we are seeing everyday, the price of Klondike will fall to 2,500-3,500 by the time we start halving.

KDC and its goal of reaching maturity in three years, has the unintended effect of being the most diluted coin in the market today.  Every day we purchase the coins, 100,000 more KDC's are being newly minted.  We all want to close our eyes and believe that KDC will hit $1-5 a coin, but taking into factor the rate of dilution in PROPORTION to the total amount of KDC's, that would be very difficult.  There is also a negative psychological effect of buying, buying, buying more KDC and seeing the price get diluted further every day with another 100,000 coins a day.  We have had a large portion of the community continuously buy KDC's, but if you look at the numbers without emotion, our investment is getting diluted so fast we cannot keep up with all the coins being newly minted daily.  The amount of coins will triple by the time we start halving and who is going to keep buying and supporting KDC's when every day its getting diluted at an alarming rate, such that it is impossible to keep up with the supply?

There is growing frustration among the KDC community because the buying volume has been there to support much higher prices, but every day there is a huge amount of supply and that causes an excess amount of selling resulting in more non-stop dumping that directly results in deflated prices.  This coin is very popular with one of the strongest community, but I believe the rush to maturity in three years in concept is flawed.  It creates too much pressure on the community to keep buying even though their investment is getting diluted at a maximum rate in proportion to the total amount of coins.  We are seeing a direct result of the dilution every night.  Where does all the dumping come from and why is the price of KDC's keep going downwards instead of upwards when there is so much volume?  Because most of the volume is spent on absorbing the amount of new coins being minted on a daily basis.  There is way too much supply/dilution of the KDC market going on to support a rush or even to maintain its current price level.

I have been a steady supporter of KDC and everyone knows I have been posting on this forum daily.  But, after analyzing the market dynamics of KDC without emotion, I have come to realize that I have to stop buying KDC's until there is an adjustment to the dilution rate.  I implore the Devs to re-consider moving up the halving and reducing the total amount of coins.  Take emotion and stubbornness out of the equation and look at the numbers objectively.  At the dilution path we are on, even Cryptsy will not be able to support a higher price.  It may cause a small short burst but will follow by a crash I'm sure, because too much of the coin is being minted in proportion to the total that will be available.

I remain loyal to the coin, but I may have to move on to other coins until this dilution problem is rectified.  Every day that passes by is another day a new coin gets birthed into existence.  By the time halving occurs, there will be another 100 coins into play.  The altcoin market landscape is changing month to month.  Do not evaluate KDC's investment path to what occurred last month with other altcoins. Every dollar that is not being invested in KDC today is another day that money goes into other new coins.  We are being threatened every day by immense excessive dilution of KDC coin plus dilution of the altcoin market.  I fear that KDC will not continue to get the buy support necessary to keep on supporting this rate of dilution.  Buying KDC's must make sense, not just emotionally but also mathematically.

Admittedly, I am new to altcoin investing and would like to hear from people that are wiser than me with any confirmations or disputes to what I am writing.


I was wondering where that post went... you posted something like this earlier right??  Roll Eyes
AMAZONBTC
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February 07, 2014, 09:35:57 PM
 #5440

Kdc to the grave

Why does this thread keeps getting invaded by newbies?

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