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

[bangomatic]

Anyone else noticing how people defend their favorite cryptocurrency like many defend their religion? People always have an agenda, remember that...

Was just thinking about that as I read.

I dabble in about a dozen coins, mostly focused in Prospercoin now.

*plug*

Had some poorly utilized time with the hacks over at lottocoin, and sold all my week one Doge well too early.

Learned not to be overzealous. (sitting on a lot of devalued RPC right now!)

If you can't consider the idea that a coin you love may have problems, you will soon have problems.

This is a tricky game, alertness and adjustment skills are rewarded.

Hope things work out here, folks.

...definitely gotta do something about production volume, though - it IS pretty obvious.

+1 totally agree.

[Kheg]

I ran the numbers on some of the other newer coins to compare the value of new coins released per day (values converted to btc)

Hopefully this will help alleviate some of the concerns from the members that think an absurd amount of new coins are being minted every day.

KDC: 110k coins @ 0.000055btc = 6.05btc / day
DOGE: 720million coins @ 0.00000198 = 1427btc / day
MEOW: 14.544million coins @ 0.00000033 = 47btc / day
CAT: 7200 coins @ 0.0003568btc = 2.56btc / day
USDe: 6.2million coins @ 0.00000125 = 7.75btc / day
Noble: 7.2million coins @ 0.00000115 = 8.27btc / day
TIPS: 3.6billion @ 0.00000001 = 36btc / day
VERT: 28.8k @ 0.005639 = 162btc / day

I ran these calculations fairly quickly so if someone wants to double check my numbers feel free.

**Note for CAT** I may have missed something on that number. They claim in their post that 7200 coins are released per day but that would mean they should have about 400k in circulation at this point when in reality they have over a million coins in circulation. Not sure what is causing the discrepancy.

Catcoin has been forked at least twice.  You can see exactly how well that has worked out.

[bangomatic]

I ran the numbers on some of the other newer coins to compare the value of new coins released per day (values converted to btc)

Hopefully this will help alleviate some of the concerns from the members that think an absurd amount of new coins are being minted every day.

KDC: 110k coins @ 0.000055btc = 6.05btc / day
DOGE: 720million coins @ 0.00000198 = 1427btc / day
MEOW: 14.544million coins @ 0.00000033 = 47btc / day
CAT: 7200 coins @ 0.0003568btc = 2.56btc / day
USDe: 6.2million coins @ 0.00000125 = 7.75btc / day
Noble: 7.2million coins @ 0.00000115 = 8.27btc / day
TIPS: 3.6billion @ 0.00000001 = 36btc / day
VERT: 28.8k @ 0.005639 = 162btc / day

I ran these calculations fairly quickly so if someone wants to double check my numbers feel free.

**Note for CAT** I may have missed something on that number. They claim in their post that 7200 coins are released per day but that would mean they should have about 400k in circulation at this point when in reality they have over a million coins in circulation. Not sure what is causing the discrepancy.

Catcoin has been forked at least twice.  You can see exactly how well that has worked out.

At least they tried

[KDCman]

I ran the numbers on some of the other newer coins to compare the value of new coins released per day (values converted to btc)

Hopefully this will help alleviate some of the concerns from the members that think an absurd amount of new coins are being minted every day.

KDC: 110k coins @ 0.000055btc = 6.05btc / day
DOGE: 720million coins @ 0.00000198 = 1427btc / day
MEOW: 14.544million coins @ 0.00000033 = 47btc / day
CAT: 7200 coins @ 0.0003568btc = 2.56btc / day
USDe: 6.2million coins @ 0.00000125 = 7.75btc / day
Noble: 7.2million coins @ 0.00000115 = 8.27btc / day
TIPS: 3.6billion @ 0.00000001 = 36btc / day
VERT: 28.8k @ 0.005639 = 162btc / day

I ran these calculations fairly quickly so if someone wants to double check my numbers feel free.

**Note for CAT** I may have missed something on that number. They claim in their post that 7200 coins are released per day but that would mean they should have about 400k in circulation at this point when in reality they have over a million coins in circulation. Not sure what is causing the discrepancy.

look at the buy support on those though we have none given how much is being mined and dumped there are just not enough people still wanting this coin to keep up.  That is why with the help of the mt.gox BS this coin's price is going to crap fast...  You can only throw so much at new buyers before you run out.

[Squeegie]

I ran the numbers on some of the other newer coins to compare the value of new coins released per day (values converted to btc)

Hopefully this will help alleviate some of the concerns from the members that think an absurd amount of new coins are being minted every day.

KDC: 110k coins @ 0.000055btc = 6.05btc / day
DOGE: 720million coins @ 0.00000198 = 1427btc / day
MEOW: 14.544million coins @ 0.00000033 = 47btc / day
CAT: 7200 coins @ 0.0003568btc = 2.56btc / day
USDe: 6.2million coins @ 0.00000125 = 7.75btc / day
Noble: 7.2million coins @ 0.00000115 = 8.27btc / day
TIPS: 3.6billion @ 0.00000001 = 36btc / day
VERT: 28.8k @ 0.005639 = 162btc / day

I ran these calculations fairly quickly so if someone wants to double check my numbers feel free.

**Note for CAT** I may have missed something on that number. They claim in their post that 7200 coins are released per day but that would mean they should have about 400k in circulation at this point when in reality they have over a million coins in circulation. Not sure what is causing the discrepancy.

Catcoin has been forked at least twice.  You can see exactly how well that has worked out.

At least they tried

Don't see how that would be a "good plan" for KDC. we need a way to spend the coins and they are working on it. Can't see the need of a fork atm.

[brother3]

How do you know the market has gone mad? - BTC is falling and Doge rising. crazy day.

Word!!!

I find it fucking awsome,it's funny if you see it as a hobby not just as fun if you see it as your payment 

Its a form of payment for the hobbyist   

[KDCman]

I think we need to try and get added to cryptsy so we can have at least some new buyers... Almost every new coin has taken a dump in the past day or so thanks to mt.gox  we just need to keep adding new likes to the support ticket for KDC on cryptsy.  

[Albertx1987]

we need a fork and whoever doesnt see that is either retarded or blind..
and we are in a bear market??? buy orders are way less then sell orders... no one is buying anymore KDC. its way too easy to mine. why invest in a coin when the following day it dilutes? *****************FORK REQUIRED**********************

[Squeegie]

I think we need to try and get added to cryptsy so we can have at least some new buyers... Almost every new coin has taken a dump in the past day or so thanks to mt.gox  we just need to keep adding new likes to the support ticket for KDC on cryptsy.  

Take a look what happens when a coin gets added to Cryptsy. they added atleast 4 last week. then rethink.

[KDCman]

I think we need to try and get added to cryptsy so we can have at least some new buyers... Almost every new coin has taken a dump in the past day or so thanks to mt.gox  we just need to keep adding new likes to the support ticket for KDC on cryptsy.  

Take a look what happens when a coin gets added to Cryptsy. they added atleast 4 last week. then rethink.

haha It looks about the same as it is now... at least then mining them would be a better profit 

[Squeegie]

I think we need to try and get added to cryptsy so we can have at least some new buyers... Almost every new coin has taken a dump in the past day or so thanks to mt.gox  we just need to keep adding new likes to the support ticket for KDC on cryptsy.  

Take a look what happens when a coin gets added to Cryptsy. they added atleast 4 last week. then rethink.

haha It looks about the same as it is now... at least then mining them would be a better profit 

They have all jumped down i value 

[Klondikesupporter]

I think we need to try and get added to cryptsy so we can have at least some new buyers... Almost every new coin has taken a dump in the past day or so thanks to mt.gox  we just need to keep adding new likes to the support ticket for KDC on cryptsy.  

Take a look what happens when a coin gets added to Cryptsy. they added atleast 4 last week. then rethink.

haha It looks about the same as it is now... at least then mining them would be a better profit  

They have all jumped down i value  

Anyone who does their research on Cryptsy will see that we need buyers to eat up the gap from 4000-100k satoshi for a huge exponential rise. It will take only a few whales (even one whale) to start a pump above the sell walls up to 100k. Most coins fall AFTER hitting Cryptsy, we need buyers though so KDC has a lot of potential (maybe the most potential) to have one of those massive price increases. The dumping is as bad as it's going to get already (there are literally no buyers) therefore being exposed on Cryptsy seems like it will be beneficial despite what happens to many other coins that get on Cryptsy.

Edit* Most coins fall AFTER hitting Cryptsy - That is already as bad as it's going to get with KDC since we have no buyers. When we get some buyers and a whale or two and the coin becomes much more rare with a fork (hopefully) things will improve.

[KDCman]

I think we need to try and get added to cryptsy so we can have at least some new buyers... Almost every new coin has taken a dump in the past day or so thanks to mt.gox  we just need to keep adding new likes to the support ticket for KDC on cryptsy.  

Take a look what happens when a coin gets added to Cryptsy. they added atleast 4 last week. then rethink.

haha It looks about the same as it is now... at least then mining them would be a better profit 

They have all jumped down i value 

Anyone who does their research on Cryptsy will see that we need buyers to eat up the gap from 4000-100k satoshi for a huge exponential rise. It will take only a few whales (even one whale) to start a pump above the sell walls up to 100k. Most coins fall AFTER hitting Cryptsy, we need buyers though so KDC has a lot of potential (maybe the most potential) to have one of those massive price increases. The dumping is as bad as it's going to get already (there are literally no buyers) therefore being exposed on Cryptsy seems like it will be beneficial despite what happens to many other coins that get on Cryptsy.

yeah I agree with you its kinda hard to pick apart KDC about anything in particular when its such a new coin and the while altcoin market is taking a dump.  I was just thinking that cryptsy might help in the long run with the amount of KDC being mined per day. 

[Klondikesupporter]

I think we need to try and get added to cryptsy so we can have at least some new buyers... Almost every new coin has taken a dump in the past day or so thanks to mt.gox  we just need to keep adding new likes to the support ticket for KDC on cryptsy.  

Take a look what happens when a coin gets added to Cryptsy. they added atleast 4 last week. then rethink.

haha It looks about the same as it is now... at least then mining them would be a better profit 

They have all jumped down i value 

Anyone who does their research on Cryptsy will see that we need buyers to eat up the gap from 4000-100k satoshi for a huge exponential rise. It will take only a few whales (even one whale) to start a pump above the sell walls up to 100k. Most coins fall AFTER hitting Cryptsy, we need buyers though so KDC has a lot of potential (maybe the most potential) to have one of those massive price increases. The dumping is as bad as it's going to get already (there are literally no buyers) therefore being exposed on Cryptsy seems like it will be beneficial despite what happens to many other coins that get on Cryptsy.

yeah I agree with you its kinda hard to pick apart KDC about anything in particular when its such a new coin and the while altcoin market is taking a dump.  I was just thinking that cryptsy might help in the long run with the amount of KDC being mined per day. 

+1 That is what I'm saying too .. BTC price rising + fork + store to buy things + Cryptsy exposure bringing in a lot of buyers and hopefully at least one whale, etc. will all help in the future. Nothing we can do really about the BTC price except wait it out.

[ademoose]

everybody add and tweet  Wolong @GameOfDeception on twitter to pump Klondike to where it belongs, will be able to spread the word about this coin and also eat away at these sell walls that are keeping us from trading it at a fair price

[Squeegie]

I think we need to try and get added to cryptsy so we can have at least some new buyers... Almost every new coin has taken a dump in the past day or so thanks to mt.gox  we just need to keep adding new likes to the support ticket for KDC on cryptsy.  

Take a look what happens when a coin gets added to Cryptsy. they added atleast 4 last week. then rethink.

haha It looks about the same as it is now... at least then mining them would be a better profit 

They have all jumped down i value 

Anyone who does their research on Cryptsy will see that we need buyers to eat up the gap from 4000-100k satoshi for a huge exponential rise. It will take only a few whales (even one whale) to start a pump above the sell walls up to 100k. Most coins fall AFTER hitting Cryptsy, we need buyers though so KDC has a lot of potential (maybe the most potential) to have one of those massive price increases. The dumping is as bad as it's going to get already (there are literally no buyers) therefore being exposed on Cryptsy seems like it will be beneficial despite what happens to many other coins that get on Cryptsy.

yeah I agree with you its kinda hard to pick apart KDC about anything in particular when its such a new coin and the while altcoin market is taking a dump.  I was just thinking that cryptsy might help in the long run with the amount of KDC being mined per day. 

+1 That is what I'm saying too .. BTC price rising + fork + store to buy things + Cryptsy exposure bringing in a lot of buyers and hopefully at least one whale, etc. will all help in the future. Nothing we can do really about the BTC price except wait it out.

If we get on Cryptsy and a whale or two buy us up to lets say 0.0002,you don't think there will be a huge dump then? If people are frustrated atm and sell think what a rise about 150% would mean in sellwalls.
Just my tought tho

[Mayhem007]

Here is the dilemma;

If we fork the coin, we risk credibility in the short term.  However, we have a chance to re-launch and gain value and rebound.

If we stay on the same course we are on now, the risk is greater that we fall out of favor and sink into obsolescence due to complete dilution.

Let's face it, we are all in this for the money.  People that are claiming they are holding and remain loyal, this and that for the coin are just trying to salvage anything they can because they are stuck now.  

All you knuckleheads that think this dilution problem is going to go away if we get more websites out and more advertising and spread the good word need to go back to elementary math school.  There is no way the lowest volume coin with the highest dilution rate is going to get to a market cap of 10-20 million.

We are all f'..ked in more ways than the dilution.  These coins trade on hype.  It's all an illusion, anyone who says one gamesite is going to change the total market cap of a coin is delusional.  Do you really think MEOW has any real long term value in the financial world in a few years?  F..k no.  It only made a run because it got pumped and there were people gambling it would trade higher, eventually there will be bagholders for almost all of these copycat coins.  

So why do people buy these coins?  We are all speculating that they may have potential to hit ten times higher and make bags of money.  People buy what they PERCEIVE as valuable and has potential to run up 10x or more in value.  Now that KDC has been widely de-bunked, the enthusiasm to buy and the potential for reward is gone.  So, KDC is now not only lacking hype, it is actually gaining negative hype plus dilution.  The race is on and no website store or Cryptsy or blah blah blah from mysterious posters who cant add or do basic math is going to stop KDC from falling to where its supposed to be trading at.

The only chance we have is to re-launch the coin with a fork.  Advertise it among the KDC community.  It will initially take a nose-dive in Hashing because the profitability will go down so much.  When the price falls people will start scooping them up and guess what?  There will be no sellers because it is too difficult to mine.  Then guess what happens?  The price begins to rise slowly to match the difficulty because there is no supply.  DUH!!

This is the only way KDC survives.  If the devs come back with an updated schedule rah rah rah and no forking and reducing the flow of new coins.  This coin is dead.  Not only must the devs reduce the coins, they must reduce it significantly.  There will be a market adjustment early. buy HEY what better time to do it when BTC is crashing.  They can re-organize and the community is strong enough to support a rebound.  

This is the ONLY way KDC survives.

[Kheg]

The only chance we have is to re-launch the coin with a fork.  Advertise it among the KDC community.  It will initially take a nose-dive in Hashing because the profitability will go down so much.  When the price falls people will start scooping them up and guess what?  There will be no sellers because it is too difficult to mine.  Then guess what happens?  The price begins to rise slowly to match the difficulty because there is no supply.  DUH!!

And then what? 

The current bag holders sell off with the new price spike creating a whole new set of bag holders.  A couple months from now we're right back where we are right now with a different set of voices complaining about the very same issues, asking for another fork so they can get their quick fix and sell out to a brand new set of bag holders.

Why don't we just cut the problem off at the knees and ask the dev to fork the block target to a 0 coin payout.  One knee-jerk reaction to fix them all!

[Squeegie]

Here is the dilemma;

If we fork the coin, we risk credibility in the short term.  However, we have a chance to re-launch and gain value and rebound.

If we stay on the same course we are on now, the risk is greater that we fall out of favor and sink into obsolescence due to complete dilution.

Let's face it, we are all in this for the money.  People that are claiming they are holding and remain loyal, this and that for the coin are just trying to salvage anything they can because they are stuck now.  

All you knuckleheads that think this dilution problem is going to go away if we get more websites out and more advertising and spread the good word need to go back to elementary math school.  There is no way the lowest volume coin with the highest dilution rate is going to get to a market cap of 10-20 million.

We are all f'..ked in more ways than the dilution.  These coins trade on hype.  It's all an illusion, anyone who says one gamesite is going to change the total market cap of a coin is delusional.  Do you really think MEOW has any real long term value in the financial world in a few years?  F..k no.  It only made a run because it got pumped and there were people gambling it would trade higher, eventually there will be bagholders for almost all of these copycat coins.  

So why do people buy these coins?  We are all speculating that they may have potential to hit ten times higher and make bags of money.  People buy what they PERCEIVE as valuable and has potential to run up 10x or more in value.  Now that KDC has been widely de-bunked, the enthusiasm to buy and the potential for reward is gone.  So, KDC is now not only lacking hype, it is actually gaining negative hype plus dilution.  The race is on and no website store or Cryptsy or blah blah blah from mysterious posters who cant add or do basic math is going to stop KDC from falling to where its supposed to be trading at.

The only chance we have is to re-launch the coin with a fork.  Advertise it among the KDC community.  It will initially take a nose-dive in Hashing because the profitability will go down so much.  When the price falls people will start scooping them up and guess what?  There will be no sellers because it is too difficult to mine.  Then guess what happens?  The price begins to rise slowly to match the difficulty because there is no supply.  DUH!!

This is the only way KDC survives.  If the devs come back with an updated schedule rah rah rah and no forking and reducing the flow of new coins.  This coin is dead.  Not only must the devs reduce the coins, they must reduce it significantly.  There will be a market adjustment early. buy HEY what better time to do it when BTC is crashing.  They can re-organize and the community is strong enough to support a rebound.  

This is the ONLY way KDC survives.

Make sence,but there is still the fact that Cryptsy might be added to the equation.
Some people think this will save us all like a blessing from god with all the new buyers it will add,I'm not so sure about that myself.

But i assume we need to take everything in perspective,when we talk about this?

[Klondikesupporter]

Here is the dilemma;

If we fork the coin, we risk credibility in the short term.  However, we have a chance to re-launch and gain value and rebound.

If we stay on the same course we are on now, the risk is greater that we fall out of favor and sink into obsolescence due to complete dilution.

Let's face it, we are all in this for the money.  People that are claiming they are holding and remain loyal, this and that for the coin are just trying to salvage anything they can because they are stuck now.  

All you knuckleheads that think this dilution problem is going to go away if we get more websites out and more advertising and spread the good word need to go back to elementary math school.  There is no way the lowest volume coin with the highest dilution rate is going to get to a market cap of 10-20 million.

We are all f'..ked in more ways than the dilution.  These coins trade on hype.  It's all an illusion, anyone who says one gamesite is going to change the total market cap of a coin is delusional.  Do you really think MEOW has any real long term value in the financial world in a few years?  F..k no.  It only made a run because it got pumped and there were people gambling it would trade higher, eventually there will be bagholders for almost all of these copycat coins.  

So why do people buy these coins?  We are all speculating that they may have potential to hit ten times higher and make bags of money.  People buy what they PERCEIVE as valuable and has potential to run up 10x or more in value.  Now that KDC has been widely de-bunked, the enthusiasm to buy and the potential for reward is gone.  So, KDC is now not only lacking hype, it is actually gaining negative hype plus dilution.  The race is on and no website store or Cryptsy or blah blah blah from mysterious posters who cant add or do basic math is going to stop KDC from falling to where its supposed to be trading at.

The only chance we have is to re-launch the coin with a fork.  Advertise it among the KDC community.  It will initially take a nose-dive in Hashing because the profitability will go down so much.  When the price falls people will start scooping them up and guess what?  There will be no sellers because it is too difficult to mine.  Then guess what happens?  The price begins to rise slowly to match the difficulty because there is no supply.  DUH!!

This is the only way KDC survives.  If the devs come back with an updated schedule rah rah rah and no forking and reducing the flow of new coins.  This coin is dead.  Not only must the devs reduce the coins, they must reduce it significantly.  There will be a market adjustment early. buy HEY what better time to do it when BTC is crashing.  The can re-organize and the community is strong enough to support a rebound.  

This is the ONLY way KDC survives.

+1 Except that you created this account or rather just starting posting with it a few hours ago   so you are the most mysterious  .

All joking aside this is true and deep down we all know what it takes to have a successful crypto altcoin. It is way to early to say KDC is "de-bunked". Having an actual online shop to buy things with KDC is essential in my view (along with that game code store which is at least a tiny step in the right direction).

The niche is actually a good one and there is no reason the coin is unable to reach $1+ in one year. One year is a very long time in the altworld.. well regardless of all that KDC is still alive. Whatever people think about potential prices means nothing otherwise we would all be getting huge returns consistently on the worst coins. No one knows where the coin will be a year from now.

10x or 100x is possible. At the moment expecting KDC to go from 5000 to 500,000 satoshi is absurd but given that I went through this scenario back when BTC was at $30 and laughed inside at someone predicting it would hit (or could hit) $1,000 by Christmas that year and low and behold it hit $1200+. It has been less than one year since I laughed .. and BTC is x30.

Ultimately you are right all hype aside a coin needs infrastructure to thrive - get a shop up and we will be in a way better position than most any other altcoin.