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

[crazyivan]

Hey guys,

I have started mining KDC a few days ago, got some coins and this morning tried to send them to Coinedup.
However, nothing happens, the coins have not arrived to the exchange and my wallet shows 0/6 confirmations for this particular transaction.

I have double checked my deposit address and everything is fine. The wallet got synced a few minutes before I had sent those coins without any problems.
Anyone experiencing difficulties of this kind?

Thx

[1714889949]

1714889949

[1714889949]

1714889949

[Mivexil]

There is nothing wrong with making a suggestion here or there, in the end the devs are going to do what they feel is best regardless of anybody's suggestion or comments.  People have been making donations on here for various purposes, how much have you donated?

To compare KDC to Dogecoin is ridiculous.  The investment dynamics of both coins are vastly different.  The community support for Klondike has been fantastic already.  If anything, the lesson to be learned here is that when a coin is on a three year path to maturity, we should expect a different type of return on our investment.  People are expecting KDC to climb to $1-2 at any time.  What I'm suggesting is that it's not going to happen to KDC in the way people are expecting because of the 3 yr path and the supply/demand dynamics.  We have already had many attempted and failed attacks at higher prices in spite of incredible community support.

That suggests to me that there is way too much supply and dilution in the early stages of this coin.  In 99% of the coins out there, you would be correct that the size of the community and marketing is the most important factor.  KDC is the outlier.  The vast rate of dilution before the first halving up to the second/third halving, makes the ability of the immediate price of KDC to rise steadily very difficult (not impossible).  It does have a very severe impact on the pricing of KDC in the initial stages compared to other coins.  KDC is very unique this way.  You can choose to ignore it if you want, but thats not going to stop 110,000 KDC's being mined every day and then dumped into the market until the first halving.  As I said before, for comparison CATcoin has only 7.200 coins being added daily.

I totally agree with this.  The downward pressure on the price is HUGE for the near term.  As an investor, I'm not buying until the 0.00000400 range.  Too many coins hitting the market.

If it hits 0.000004, it would mean that the coin is very dead with 21M market supply. And even with the price going fairly consistently down over the course of the last weeks, it's still far from it.

[jsteelbeam]

There is nothing wrong with making a suggestion here or there, in the end the devs are going to do what they feel is best regardless of anybody's suggestion or comments.  People have been making donations on here for various purposes, how much have you donated?

To compare KDC to Dogecoin is ridiculous.  The investment dynamics of both coins are vastly different.  The community support for Klondike has been fantastic already.  If anything, the lesson to be learned here is that when a coin is on a three year path to maturity, we should expect a different type of return on our investment.  People are expecting KDC to climb to $1-2 at any time.  What I'm suggesting is that it's not going to happen to KDC in the way people are expecting because of the 3 yr path and the supply/demand dynamics.  We have already had many attempted and failed attacks at higher prices in spite of incredible community support.

That suggests to me that there is way too much supply and dilution in the early stages of this coin.  In 99% of the coins out there, you would be correct that the size of the community and marketing is the most important factor.  KDC is the outlier.  The vast rate of dilution before the first halving up to the second/third halving, makes the ability of the immediate price of KDC to rise steadily very difficult (not impossible).  It does have a very severe impact on the pricing of KDC in the initial stages compared to other coins.  KDC is very unique this way.  You can choose to ignore it if you want, but thats not going to stop 110,000 KDC's being mined every day and then dumped into the market until the first halving.  As I said before, for comparison CATcoin has only 7.200 coins being added daily.

I totally agree with this.  The downward pressure on the price is HUGE for the near term.  As an investor, I'm not buying until the 0.00000400 range.  Too many coins hitting the market.

If it hits 0.000004, it would mean that the coin is very dead with 21M market supply. And even with the price going fairly consistently down over the course of the last weeks, it's still far from it.

I respectfully disagree with the conclusion that if KDC hits 0.00004 that it is dead.  Correct me if I'm wrong, but KDC was trading around 0.00030 recently, so the descent to the current price is in line with my projections due to supply of coins hitting the market.  

Yes, the total market supply is what is attractive to this coin and why I plan to invest heavily; however, the real value of the supply won't be realized until the reward is "halved" several times.  Unfortunately,  this won't occur for 6 months to 1 year (which is many lifetimes in the Alt Coin world).  I'm assuming that many miners who are not "true believers" are looking for short-term gains and not in it for the long-haul.  They will mine and dump at will.  Without sufficient buying support from the "true believers" the price will inevitably drop to my projection until the demand outstrips the supply.

Long-term, I am very bullish on the prospects of KDC, but in the short-term buying KDC at 0.000085+ is foolish, since you can probably wait and double your KDC holdings if you buy later spending the same amount of BTC.  If I'm wrong, so be it, but so far I don't see any evidence to the contrary.

EDIT: My price projection was off by a decimal place (which I admit is huge).  I corrected my target price to 0.00004. I apologize. 

[Mivexil]

EDIT: My price projection was off by a decimal place (which I admit is huge).  I corrected my target price to 0.00004. I apologize. 

Careful with those decimal places

Generally that's true - comparing total market supplies is pointless if one coin is going to hit them in 20 years or so (too lazy to check), and the other in 3. Nobody knows what's going to happen to Bitcoin in 3 years, let alone all the altcoins.

Sure, we can keep hoping that the block reward halvings will put the coin at higher price (miners want to have the same profit after all), but the more likely scenario is that they'll go away together with the profitability.

We wanted a goldrush, we have a goldrush - too bad that when everybody has gold, it turns out to be worthless.

[Sparkzor]

So... What the fuck happened after I left tonight?
Two partypoopers goes like this:




The coin isn't dead, the coin won't be dead. The interest is just getting bigger and bigger for god sake, if you don't like the coin PISS OFF YOU WANKER! You have nothing here to do anyway!

Gutshot, I'm not talking about you btw. I know you wan't KDC to go above $1 as much as I do! But the others... Jeeze




EDIT:
Actually, I'm not mining this. I'm mining Maxcoin and buying KDC for the profits from that! After 12 hours of mining Maxcoin I got 0.4BTc with 1mhps scrypt, that's over 4k kdc... But the difficulty is getting higher again, so I'm coming back soon babes!

[jsteelbeam]

Careful with those decimal places

Haha, yes.  Especially when your placing your orders on the exchanges!

Sparkzor, I hope you weren't referring to me.  I'm very optimistic on KDC and hope for its success.  Just taking the emotion out of investing and figuring a proper entry point, that's all.

[SP4RK7]

Anyone mining on hashwithme? The pool seems to keep going down is this the same for anyone else?

[terracide]

Is that gamestore at http://cryptogamecodes.com/ asking 750KDC or 7500000KDC for the game?

[Sparkzor]

Is that gamestore at http://cryptogamecodes.com/ asking 750KDC or 7500000KDC for the game?

Since there is a total of 20million coins... what do you think? 

[G440T]

Is that gamestore at http://cryptogamecodes.com/ asking 750KDC or 7500000KDC for the game?

750KDC, it's annoying how commas and periods get used depending on countries.

[terracide]

Is that gamestore at http://cryptogamecodes.com/ asking 750KDC or 7500000KDC for the game?

Since there is a total of 20million coins... what do you think?  

Ok. Well then they are really expensive asking a third of all coins.

But seriously...  in my country we use decimals and commas in a different way. It's always frustrating to know what to pay. We would say 750,000. But 750.0000 would indicate a huge price. And it's not really clear what notation to use on that site. But indeed.. since there are like 20 million coins, the answer was obvious.

I hope they will add more games to that store. If they would use a site like http://www.allkeyshop.com/ and shop for decent prices, the library could be massive.

[kaotik]

Sparkzor:

EDIT:
Actually, I'm not mining this. I'm mining Maxcoin and buying KDC for the profits from that! After 12 hours of mining Maxcoin I got 0.4BTc with 1mhps scrypt, that's over 4k kdc... But the difficulty is getting higher again, so I'm coming back soon babes!

I need to start following you  Seems you know where the hotspot mining places are. Any suggestions for the near future? With that being said: I have and will continue to mine KDC. Would be nice to get in on some of this action though.

[Sparkzor]

Sparkzor:

EDIT:
Actually, I'm not mining this. I'm mining Maxcoin and buying KDC for the profits from that! After 12 hours of mining Maxcoin I got 0.4BTc with 1mhps scrypt, that's over 4k kdc... But the difficulty is getting higher again, so I'm coming back soon babes!

I need to start following you  Seems you know where the hotspot mining places are. Any suggestions for the near future? With that being said: I have and will continue to mine KDC. Would be nice to get in on some of this action though.

Dopecoin is launched on monday 22.00 Madrid/Stockholm time. (That's GMT+1 I think)
Difficulty will increase fast but it will be worth it! Official pool will be launched at the same time as the coin is launched! Great devs, as good as these guys tbh! A coin that will be very big in the future so I'm going to hold both Dope and KDC! 

[crazyivan]

Hey guys,

I have started mining KDC a few days ago, got some coins and this morning tried to send them to Coinedup.
However, nothing happens, the coins have not arrived to the exchange and my wallet shows 0/6 confirmations for this particular transaction.

I have double checked my deposit address and everything is fine. The wallet got synced a few minutes before I had sent those coins without any problems.
Anyone experiencing difficulties of this kind?

Thx

Still searching for help. How is it possible that a outgoing transaction from my wallet has got 0 out of 6 confirmations 8 hours after it was executed.
What is going on?

[brother3]

Is that gamestore at http://cryptogamecodes.com/ asking 750KDC or 7500000KDC for the game?

750KDC, it's annoying how commas and periods get used depending on countries.

Hehe....I still have to do a lot of double takes....

[brother3]

Hey guys,

I have started mining KDC a few days ago, got some coins and this morning tried to send them to Coinedup.
However, nothing happens, the coins have not arrived to the exchange and my wallet shows 0/6 confirmations for this particular transaction.

I have double checked my deposit address and everything is fine. The wallet got synced a few minutes before I had sent those coins without any problems.
Anyone experiencing difficulties of this kind?

Thx

Still searching for help. How is it possible that a outgoing transaction from my wallet has got 0 out of 6 confirmations 8 hours after it was executed.
What is going on?

Oh boy!
The same thing happened to me...I used the -scan option but instead of correcting the stuck transaction it corrupted my wallet and I lost 50+ coins...
Sorry I can only suggest what not to do ....
Anyone???

[crazyivan]

Hey guys,

I have started mining KDC a few days ago, got some coins and this morning tried to send them to Coinedup.
However, nothing happens, the coins have not arrived to the exchange and my wallet shows 0/6 confirmations for this particular transaction.

I have double checked my deposit address and everything is fine. The wallet got synced a few minutes before I had sent those coins without any problems.
Anyone experiencing difficulties of this kind?

Thx

Still searching for help. How is it possible that a outgoing transaction from my wallet has got 0 out of 6 confirmations 8 hours after it was executed.
What is going on?

Oh boy!
The same thing happened to me...I used the -scan option but instead of correcting the stuck transaction it corrupted my wallet and I lost 50+ coins...
Sorry I can only suggest what not to do ....
Anyone???

So this is not only an isolated issue? I hope we are gonna get some word from developers. Whats is the point of mining coins when u can lose them anytime.

[brother3]

Hey guys,

I have started mining KDC a few days ago, got some coins and this morning tried to send them to Coinedup.
However, nothing happens, the coins have not arrived to the exchange and my wallet shows 0/6 confirmations for this particular transaction.

I have double checked my deposit address and everything is fine. The wallet got synced a few minutes before I had sent those coins without any problems.
Anyone experiencing difficulties of this kind?

Thx

Still searching for help. How is it possible that a outgoing transaction from my wallet has got 0 out of 6 confirmations 8 hours after it was executed.
What is going on?

Oh boy!
The same thing happened to me...I used the -scan option but instead of correcting the stuck transaction it corrupted my wallet and I lost 50+ coins...
Sorry I can only suggest what not to do ....
Anyone???

So this is not only an isolated issue? I hope we are gonna get some word from developers. Whats is the point of mining coins when u can lose them anytime.

Just to clarify,  My stuck coin issue was not with KDC....

[gates]

Is there a graphics artist amongst us? I would like to have a 468x60 and/or 728x90 Banner made to support the coin....

[Brilliantrocket]

We chose wrong