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

[jackdminer]

KDC is on life support here.  Great services, just no one to use them.  Goes to show that hypes/pump and dumps rule the day.

ETA: and I say this as a holder of 55000 KDC..  unfortunate.

So now its the pump and dump coins that have destroyed KDC? (That everyone in this thread is trying to become a part of BTW)  

I thought it was the profit miners flooding the market, or the 77 KDC reward causing inflation?


No the problem is too many of you believe a low reward per block = higher price.  The reward per block serves an entirely different function and that is to support network hash rate, nothing else. You minimize the dillutive impact of the daily reward by striking a balance between reward/hash rate/market liquidity.

Now that there are few rewards per day to sell/hoard/speculate with post fork, the marketplace to exchange the coin for BTC looses efficiency increasing the BID/ASK spread and lowering trade volume detracting new money from investing/speculating in the coin which reduces efficiency further, creating a downward spiral feedback loop.  As I write this the last trade on CoinedUp: 0.00001538

All the while the meager total award value per day generated by the hash detracts miners and they move on to other coins, go play golf, head to the pub...
As the overall hash decreases lower and lower the reward per day is placed in the hands of fewer and fewer miners who slowly realize there are no more buyers of the coin at any price and at some point they capitulate, the coin dies.

So until someone decides to hit the undo button and reprogram the coin to have a sustainable, stable, liquid product you might as well pull up a seat and watch the train wreck.



 

[1714862651]

1714862651

[SparkIt]

Cryptsy has a new voting feature!
https://www.cryptsy.com/coinvotes/

[placebo]

KDC is on life support here.  Great services, just no one to use them.  Goes to show that hypes/pump and dumps rule the day.

ETA: and I say this as a holder of 55000 KDC..  unfortunate.

So now its the pump and dump coins that have destroyed KDC? (That everyone in this thread is trying to become a part of BTW)  

I thought it was the profit miners flooding the market, or the 77 KDC reward causing inflation?


No the problem is too many of you believe a low reward per block = higher price.  The reward per block serves an entirely different function and that is to support network hash rate, nothing else. You minimize the dillutive impact of the daily reward by striking a balance between reward/hash rate/market liquidity.

Now that there are few rewards per day to sell/hoard/speculate with post fork, the marketplace to exchange the coin for BTC looses efficiency increasing the BID/ASK spread and lowering trade volume detracting new money from investing/speculating in the coin which reduces efficiency further, creating a downward spiral feedback loop.  As I write this the last trade on CoinedUp: 0.00001538

All the while the meager total award value per day generated by the hash detracts miners and they move on to other coins, go play golf, head to the pub...
As the overall hash decreases lower and lower the reward per day is placed in the hands of fewer and fewer miners who slowly realize there are no more buyers of the coin at any price and at some point they capitulate, the coin dies.

So until someone decides to hit the undo button and reprogram the coin to have a sustainable, stable, liquid product you might as well pull up a seat and watch the train wreck.



 

Thanks for giving your opinion. Please note that this coin is ONLY 2 months old, this is not a coin created to have a huge pump and then everybody dump it in a few days like happens with AuroraCoin, and what will happen soon with Mazacoin.

You can look at it on the other side. YES!!!! KDC just hit 0.00001538, I WILL BUY, what do i have to lose, nothing!!! or you can complain, and complain, and complain. Also, maybe you notice or not, but NOBODY IS SELLING!!!, so the people that are selling, i don't know why they are selling, if you can already use Klondike to buy 3000+ articles then i find that not too bad.

I don't know, did you ever watch the bitcoin graphic from 2009 till 2012, and check it now. Give a coin the time to gain popularity.

[placebo]

Cryptsy has a new voting feature!
https://www.cryptsy.com/coinvotes/

You're kidding me.... even Klondike coin not listed!!!? Maybe Mr. Cryptsy didn't check what is happening here...

[silvetti]

Vote people vote!

www.mintpal.com/voting

[McNulty]

KDC is on life support here.  Great services, just no one to use them.  Goes to show that hypes/pump and dumps rule the day.

ETA: and I say this as a holder of 55000 KDC..  unfortunate.

So now its the pump and dump coins that have destroyed KDC? (That everyone in this thread is trying to become a part of BTW)  

I thought it was the profit miners flooding the market, or the 77 KDC reward causing inflation?


No the problem is too many of you believe a low reward per block = higher price.  The reward per block serves an entirely different function and that is to support network hash rate, nothing else. You minimize the dillutive impact of the daily reward by striking a balance between reward/hash rate/market liquidity.

Now that there are few rewards per day to sell/hoard/speculate with post fork, the marketplace to exchange the coin for BTC looses efficiency increasing the BID/ASK spread and lowering trade volume detracting new money from investing/speculating in the coin which reduces efficiency further, creating a downward spiral feedback loop.  As I write this the last trade on CoinedUp: 0.00001538

All the while the meager total award value per day generated by the hash detracts miners and they move on to other coins, go play golf, head to the pub...
As the overall hash decreases lower and lower the reward per day is placed in the hands of fewer and fewer miners who slowly realize there are no more buyers of the coin at any price and at some point they capitulate, the coin dies.

So until someone decides to hit the undo button and reprogram the coin to have a sustainable, stable, liquid product you might as well pull up a seat and watch the train wreck.



 

Thanks for giving your opinion. Please note that this coin is ONLY 2 months old, this is not a coin created to have a huge pump and then everybody dump it in a few days like happens with AuroraCoin, and what will happen soon with Mazacoin.

You can look at it on the other side. YES!!!! KDC just hit 0.00001538, I WILL BUY, what do i have to lose, nothing!!! or you can complain, and complain, and complain. Also, maybe you notice or not, but NOBODY IS SELLING!!!, so the people that are selling, i don't know why they are selling, if you can already use Klondike to buy 3000+ articles then i find that not too bad.

I don't know, did you ever watch the bitcoin graphic from 2009 till 2012, and check it now. Give a coin the time to gain popularity.

bitcoin was the only crypto during a long time... not realy the case for the KDC wich is only a clone in a sea of clones...

[Lordsomnium]

Cryptsy have add votes for coin like Mintpal !

https://www.cryptsy.com/coinvotes/

[silvetti]

KDC is on life support here.  Great services, just no one to use them.  Goes to show that hypes/pump and dumps rule the day.

ETA: and I say this as a holder of 55000 KDC..  unfortunate.

So now its the pump and dump coins that have destroyed KDC? (That everyone in this thread is trying to become a part of BTW)  

I thought it was the profit miners flooding the market, or the 77 KDC reward causing inflation?


No the problem is too many of you believe a low reward per block = higher price.  The reward per block serves an entirely different function and that is to support network hash rate, nothing else. You minimize the dillutive impact of the daily reward by striking a balance between reward/hash rate/market liquidity.

Now that there are few rewards per day to sell/hoard/speculate with post fork, the marketplace to exchange the coin for BTC looses efficiency increasing the BID/ASK spread and lowering trade volume detracting new money from investing/speculating in the coin which reduces efficiency further, creating a downward spiral feedback loop.  As I write this the last trade on CoinedUp: 0.00001538

All the while the meager total award value per day generated by the hash detracts miners and they move on to other coins, go play golf, head to the pub...
As the overall hash decreases lower and lower the reward per day is placed in the hands of fewer and fewer miners who slowly realize there are no more buyers of the coin at any price and at some point they capitulate, the coin dies.

So until someone decides to hit the undo button and reprogram the coin to have a sustainable, stable, liquid product you might as well pull up a seat and watch the train wreck.



 

I only got one question for you:

Why are you still here ?

Honestly, I still don't get it.

[DailyModo]

Cryptsy has a new voting feature!
https://www.cryptsy.com/coinvotes/

0.0002 per vote? bit too expensive?

[McNulty]

Cryptsy has a new voting feature!
https://www.cryptsy.com/coinvotes/

You're kidding me.... even Klondike coin not listed!!!? Maybe Mr. Cryptsy didn't check what is happening here...

a coin which is dying ?

[SparkIt]

Cryptsy has a new voting feature!
https://www.cryptsy.com/coinvotes/

You're kidding me.... even Klondike coin not listed!!!? Maybe Mr. Cryptsy didn't check what is happening here...

a coin which is dying ?

Yeah ofc the coin is dying. New stores pop up every day, new services, developers&community leaders updating everything that is happening and trying to have a good communication with everyone.

You whine when devs doesnt update you, you whine when they do, you whine when they don't act and then you whine when they listened to you guys and acted the way you wanted them to. You whine when we get on exchanges and you whine when we don't.

Why are people like that doing here? Why not move to another coin?

[placebo]

KDC is on life support here.  Great services, just no one to use them.  Goes to show that hypes/pump and dumps rule the day.

ETA: and I say this as a holder of 55000 KDC..  unfortunate.

So now its the pump and dump coins that have destroyed KDC? (That everyone in this thread is trying to become a part of BTW)  

I thought it was the profit miners flooding the market, or the 77 KDC reward causing inflation?


No the problem is too many of you believe a low reward per block = higher price.  The reward per block serves an entirely different function and that is to support network hash rate, nothing else. You minimize the dillutive impact of the daily reward by striking a balance between reward/hash rate/market liquidity.

Now that there are few rewards per day to sell/hoard/speculate with post fork, the marketplace to exchange the coin for BTC looses efficiency increasing the BID/ASK spread and lowering trade volume detracting new money from investing/speculating in the coin which reduces efficiency further, creating a downward spiral feedback loop.  As I write this the last trade on CoinedUp: 0.00001538

All the while the meager total award value per day generated by the hash detracts miners and they move on to other coins, go play golf, head to the pub...
As the overall hash decreases lower and lower the reward per day is placed in the hands of fewer and fewer miners who slowly realize there are no more buyers of the coin at any price and at some point they capitulate, the coin dies.

So until someone decides to hit the undo button and reprogram the coin to have a sustainable, stable, liquid product you might as well pull up a seat and watch the train wreck.



 

Thanks for giving your opinion. Please note that this coin is ONLY 2 months old, this is not a coin created to have a huge pump and then everybody dump it in a few days like happens with AuroraCoin, and what will happen soon with Mazacoin.

You can look at it on the other side. YES!!!! KDC just hit 0.00001538, I WILL BUY, what do i have to lose, nothing!!! or you can complain, and complain, and complain. Also, maybe you notice or not, but NOBODY IS SELLING!!!, so the people that are selling, i don't know why they are selling, if you can already use Klondike to buy 3000+ articles then i find that not too bad.

I don't know, did you ever watch the bitcoin graphic from 2009 till 2012, and check it now. Give a coin the time to gain popularity.

bitcoin was the only crypto during a long time... not realy the case for the KDC wich is only a clone in a sea of clones...

A clone in a sea of clones, correct, but of all the coins that has been added lately, how many coins are able to say that they are accepted by coinpayments.net, how many coins can say that you can buy more then 3000 articles with their coins? I believe that the sea of clones then really degrees a lot.

You know Quark was NOTHING, TOTALY SHIT!! But they paid someone to promote it, and it worked QRK was trading at 0.00000039 and what did it hit, i don't remember anymore... There are so many examples of coins that suddenly go to the moon, why? sometimes people just don't know, you have a Wolong type of person on your coin, and everybody talk about it.

What we can give our miners/investors is a nice packages, still a lot needs to be done, that is for sure, but it is a start, and for being here only 2 months, i call it a big start.

[placebo]

In fact, that idea to reward miners with gold is a fantastic idea, because this is all about the gold rush.... of course this is a investment that DEV need to take, but because more people will mine, the price should go out again. With increasing prices then the fees that the pools are asking can be used to cover the cost of this idea.

So maybe dev need to contact all the pools, and ask them, what do you want to invest? Do you want to be part of it, yes or no? 

[DailyModo]

I saw so many new stores listed by members but not listed on the main website. Is it possible to update the website services?

[SparkIt]

https://bitcointalk.org/index.php?topic=502363.0
BTER VOTING! PLEASE VOTE GUYS!

[placebo]

https://bitcointalk.org/index.php?topic=502363.0
BTER VOTING! PLEASE VOTE GUYS!

Done.

[placebo]

I saw so many new stores listed by members but not listed on the main website. Is it possible to update the website services?

Is it not ?

http://klondikecoin.com/many-new-webshops-accepting-kdc/


Edit:

- http://xbox48.bugs3.com –> Xbox Gold 48 Hour Codes – 2 for $1
- http://bitstickers.net/
- http://www.thestakingmachine.com


Those were the latest ones... maybe updating the first page too of this thread

[DailyModo]

I saw so many new stores listed by members but not listed on the main website. Is it possible to update the website services?

Is it not ?

http://klondikecoin.com/many-new-webshops-accepting-kdc/

I was looking at the services page! but yes their here

[McNulty]

Cryptsy has a new voting feature!
https://www.cryptsy.com/coinvotes/

You're kidding me.... even Klondike coin not listed!!!? Maybe Mr. Cryptsy didn't check what is happening here...

a coin which is dying ?

Yeah ofc the coin is dying. New stores pop up every day, new services, developers&community leaders updating everything that is happening and trying to have a good communication with everyone.

You whine when devs doesnt update you, you whine when they do, you whine when they don't act and then you whine when they listened to you guys and acted the way you wanted them to. You whine when we get on exchanges and you whine when we don't.

Why are people like that doing here? Why not move to another coin?

I have dump all my KDC (12.5k at 5k sat) during the fork mess, it was the best thing to do imho: cut the loss

It was already not easy at first, but the long vacation of devs left it no chance of success.

So good luck, a miracle is needed...

[DailyModo]

Cryptsy has a new voting feature!
https://www.cryptsy.com/coinvotes/

You're kidding me.... even Klondike coin not listed!!!? Maybe Mr. Cryptsy didn't check what is happening here...

a coin which is dying ?

Yeah ofc the coin is dying. New stores pop up every day, new services, developers&community leaders updating everything that is happening and trying to have a good communication with everyone.

You whine when devs doesnt update you, you whine when they do, you whine when they don't act and then you whine when they listened to you guys and acted the way you wanted them to. You whine when we get on exchanges and you whine when we don't.

Why are people like that doing here? Why not move to another coin?

I have dump all my KDC (12.5k at 5k sat) during the fork mess, it was the best thing to do imho: cut the loss

It was already not easy at first, but the long vacation of devs left it no chance of success.

So good luck, a miracle is needed...

Thats why your still hanging around right? eh gtho