placebo
Legendary
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Activity: 1120
Merit: 1000
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March 03, 2014, 09:51:58 PM |
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Please remember to keep on voting https://www.mintpal.com/votingYesterday everybody was busy to get the fork fixed, and some people really did a great job helping us out, but now we need to make sure that we keep our focus on the marketing aspect. PS: If you're new and want to know more about KDC then just join http://webchat.freenode.net/?channels=klondikecoinThere should always be someone available that would be able to help you.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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LeBarton
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March 03, 2014, 09:53:20 PM |
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Please remember to keep on voting https://www.mintpal.com/votingYesterday everybody was busy to get the fork fixed, and some people really did a great job helping us out, but now we need to make sure that we keep our focus on the marketing aspect. That's the spirit. I just voted
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placebo
Legendary
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Activity: 1120
Merit: 1000
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March 03, 2014, 09:58:01 PM |
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Please have a look at http://klondikecoin.com/services/This will give you the latest updates of all available services that KDC is having at the moment. There are a few pending and in fact they still need to add Hostdab.com OPS: If you have time, as i totally understand that you guys want to relax a little after those two days. Can you please add Hostdab.com to the list of services. We should be able to add a few more but still waiting for confirmation.
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_bangomatic_
Newbie
Offline
Activity: 17
Merit: 0
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March 03, 2014, 10:08:14 PM |
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Placebo - with all due respect the effort to mine a coin does not set the price so none of this is predictive of the future price:
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price. On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
I think the network hashrate has been diminished not because of the planned fork in the coin but because of the unplanned fork that came later and totally shut us down. Hell I even quit mining KDC and jumped back over to digibytes. I was monitoring this thread and when the issue was sorted out I jumped back on and started mining KDC again. 4 Hrs after the planned fork the net hashrate was at 650 mh/s! then the unplanned fork happened. Right now net hash is about 250 mh/s and building. Once everyone gets new wallets and can move coins, trade , etc.. ,with confidence, the net hash rate will rise. I have total confidence in the dev's and the community leaders...The new community leaders are knowledgeable, hardworking, and committed to KDC. KDC will be back and better than before. I plan to keep my miners on KDC and buy as much as possible.
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MaKii
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March 03, 2014, 10:09:31 PM |
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iam here since the first day and i will mine klondike till the end ! just bought a second r9 290x sapphire trix yaaaay now i have 2x290x and 1 gtx titan around 2500 khash
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buy gold !
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jackdminer
Newbie
Offline
Activity: 56
Merit: 0
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March 03, 2014, 10:17:56 PM |
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Placebo - with all due respect the effort to mine a coin does not set the price so none of this is predictive of the future price:
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price. On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
Maybe you're right, maybe you're not. Before the fork was announced KDC was trading at 3500, now we hit 6000 yesterday and today 5000, so indirectly the fork already increase the price. But of course just changing the structure is not helping the future of KDC, what is helping the future of KDC is 1. Added to coinpayments.net 2. kdcgoods.com website 3. cryptogamecode website 4. Hostdab, and other websites allowing KDC as payment method. 4. New website In progress: 1. New KDC exchange 2. Manymore This is a LOT more important then the fork. The fork WAS NEEDED to decrease the deflation (or in fact inflation of coins) and to get the dumpers out of the system. Now 80% of the people that are mining KDC at the moment are believer of KDC, long term believers. Also the KDC has been increased a lot, in fact it almost doubled. New marketing leader, some other people added to the KDC team. KDC has changed from a quiet coin to a active coin. As i'm sure that you also need to admit that the results of the last few weeks is impressive. Yes the last few weeks have been impressive, but please remember no one is dumping coin! We don't provide hash rate at a discount. We all want the highest possible price! Be aware that an 'exclusive' club of 'hoarders' will not attract bidders and higher prices, but rather chase them away as market liquidity in KDC dries up and ALT COIN money seeks more transparent liquid markets. There is no magic in alt coins just speculative and or illicit dollars on one side and processing power on the other. That's it. I'm still looking for the explanation of why someone who does not mine KDC would be persuaded to exchange BTC, USD, EUR, whatever for KDC so they could buy something they can already purchse at the same place with the currency they already hold.
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SparkIt
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March 03, 2014, 10:23:43 PM |
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Placebo - with all due respect the effort to mine a coin does not set the price so none of this is predictive of the future price:
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price. On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
Maybe you're right, maybe you're not. Before the fork was announced KDC was trading at 3500, now we hit 6000 yesterday and today 5000, so indirectly the fork already increase the price. But of course just changing the structure is not helping the future of KDC, what is helping the future of KDC is 1. Added to coinpayments.net 2. kdcgoods.com website 3. cryptogamecode website 4. Hostdab, and other websites allowing KDC as payment method. 4. New website In progress: 1. New KDC exchange 2. Manymore This is a LOT more important then the fork. The fork WAS NEEDED to decrease the deflation (or in fact inflation of coins) and to get the dumpers out of the system. Now 80% of the people that are mining KDC at the moment are believer of KDC, long term believers. Also the KDC has been increased a lot, in fact it almost doubled. New marketing leader, some other people added to the KDC team. KDC has changed from a quiet coin to a active coin. As i'm sure that you also need to admit that the results of the last few weeks is impressive. Yes the last few weeks have been impressive, but please remember no one is dumping coin! We don't provide hash rate at a discount. We all want the highest possible price! Be aware that an 'exclusive' club of 'hoarders' will not attract bidders and higher prices, but rather chase them away as market liquidity in KDC dries up and ALT COIN money seeks more transparent liquid markets. There is no magic in alt coins just speculative and or illicit dollars on one side and processing power on the other. That's it. I'm still looking for the explanation of why someone who does not mine KDC would be persuaded to exchange BTC, USD, EUR, whatever for KDC so they could buy something they can already purchse at the same place with the currency they already hold. Because we have an awesome gamestore, we have a store where you can buy stickers, t-shirts, giftcards (steam, amazon and gamestop. Hopefully EA-games too soon) and condoms for god sake! Not a lot of alt coins has this, do they? What about Lottocoin, Casinocoin, MINT, TOP, Peng, Corgi, LEAF, RIC and Vert... Do they have stores like this? I know Lotto, csc, mint, peng and LEAF doesn't at least. We do. These stores won't get KDC up to $1 tomorrow or next week, but in a month or two. That's why people should invest in KDC. Why is Auroracoin trading so high? Why is Doge so big? You could buy the things you buy with Doge, with your BTC... right? BTC doesn't have a developer, alt-coins does. KDC has great ones and we have a great community.
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_bangomatic_
Newbie
Offline
Activity: 17
Merit: 0
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March 03, 2014, 10:28:27 PM |
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iam here since the first day and i will mine klondike till the end ! just bought a second r9 290x sapphire trix yaaaay now i have 2x290x and 1 gtx titan around 2500 khash Nice setup! I love the r9 290's
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KlondikeCoin (OP)
Member
Offline
Activity: 84
Merit: 10
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March 03, 2014, 10:28:42 PM |
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Because we have an awesome gamestore, we have a store where you can buy stickers, t-shirts, giftcards (steam, amazon and gamestop. Hopefully EA-games too soon) and condoms for god sake!
*klondoms
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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March 03, 2014, 10:33:09 PM |
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jackdminer
Newbie
Offline
Activity: 56
Merit: 0
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March 03, 2014, 10:35:39 PM |
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Placebo - with all due respect the effort to mine a coin does not set the price so none of this is predictive of the future price:
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price. On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
Maybe you're right, maybe you're not. Before the fork was announced KDC was trading at 3500, now we hit 6000 yesterday and today 5000, so indirectly the fork already increase the price. But of course just changing the structure is not helping the future of KDC, what is helping the future of KDC is 1. Added to coinpayments.net 2. kdcgoods.com website 3. cryptogamecode website 4. Hostdab, and other websites allowing KDC as payment method. 4. New website In progress: 1. New KDC exchange 2. Manymore This is a LOT more important then the fork. The fork WAS NEEDED to decrease the deflation (or in fact inflation of coins) and to get the dumpers out of the system. Now 80% of the people that are mining KDC at the moment are believer of KDC, long term believers. Also the KDC has been increased a lot, in fact it almost doubled. New marketing leader, some other people added to the KDC team. KDC has changed from a quiet coin to a active coin. As i'm sure that you also need to admit that the results of the last few weeks is impressive. Yes the last few weeks have been impressive, but please remember no one is dumping coin! We don't provide hash rate at a discount. We all want the highest possible price! Be aware that an 'exclusive' club of 'hoarders' will not attract bidders and higher prices, but rather chase them away as market liquidity in KDC dries up and ALT COIN money seeks more transparent liquid markets. There is no magic in alt coins just speculative and or illicit dollars on one side and processing power on the other. That's it. I'm still looking for the explanation of why someone who does not mine KDC would be persuaded to exchange BTC, USD, EUR, whatever for KDC so they could buy something they can already purchse at the same place with the currency they already hold. Because we have an awesome gamestore, we have a store where you can buy stickers, t-shirts, giftcards (steam, amazon and gamestop. Hopefully EA-games too soon) and condoms for god sake! Not a lot of alt coins has this, do they? What about Lottocoin, Casinocoin, MINT, TOP, Peng, Corgi, LEAF, RIC and Vert... Do they have stores like this? I know Lotto, csc, mint, peng and LEAF doesn't at least. We do. These stores won't get KDC up to $1 tomorrow or next week, but in a month or two. That's why people should invest in KDC. Why is Auroracoin trading so high? Why is Doge so big? You could buy the things you buy with Doge, with your BTC... right? BTC doesn't have a developer, alt-coins does. KDC has great ones and we have a great community. Yes the community is awesome and its cool you can mine a $20 GBP amazon card. And I have much respect for those who dedicate time and effort to the pursuit. But again considering the general public who does not mine KDC why wouldn't I just purchase a $20 card down the corner with the cash in my pocket? As a crypto coin you can only attract speculative dollars, paranoid dollars, and illicit dollars. Grandma will not give you her dollars.
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_bangomatic_
Newbie
Offline
Activity: 17
Merit: 0
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March 03, 2014, 10:41:47 PM |
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Placebo - with all due respect the effort to mine a coin does not set the price so none of this is predictive of the future price:
"About KDC, when you check that you can only mine 100KDC per 1000Kh/s per day and my rule (before the bear market was) 1000kh/s = $8 then it means that 100KDC = $8 or lets say 100KDC = 0.01BTC (to make it easy) so 1KDC = 0.00010000 and now we are trading at 0.00004800 so a little discount of 50%."
It could take $5 worth of effort to mine (n) number of coins in a day and if the highest bidder only was willing to pay $1 for all that effort that is the price. On the supply side few people will be willing to sell for less then the cost of work, or the fair market value for that work against other coins. Out of this two sided behavior a market is born.
In a sense all the reward reduction did was reduce the sustainable network hash rate of the coin, it will not increase the supply of bidders or the amount they are willing to pay. Just asking for a higher price will not generate a trade and the market will dry up as the spread widens.
Maybe you're right, maybe you're not. Before the fork was announced KDC was trading at 3500, now we hit 6000 yesterday and today 5000, so indirectly the fork already increase the price. But of course just changing the structure is not helping the future of KDC, what is helping the future of KDC is 1. Added to coinpayments.net 2. kdcgoods.com website 3. cryptogamecode website 4. Hostdab, and other websites allowing KDC as payment method. 4. New website In progress: 1. New KDC exchange 2. Manymore This is a LOT more important then the fork. The fork WAS NEEDED to decrease the deflation (or in fact inflation of coins) and to get the dumpers out of the system. Now 80% of the people that are mining KDC at the moment are believer of KDC, long term believers. Also the KDC has been increased a lot, in fact it almost doubled. New marketing leader, some other people added to the KDC team. KDC has changed from a quiet coin to a active coin. As i'm sure that you also need to admit that the results of the last few weeks is impressive. Yes the last few weeks have been impressive, but please remember no one is dumping coin! We don't provide hash rate at a discount. We all want the highest possible price! Be aware that an 'exclusive' club of 'hoarders' will not attract bidders and higher prices, but rather chase them away as market liquidity in KDC dries up and ALT COIN money seeks more transparent liquid markets. There is no magic in alt coins just speculative and or illicit dollars on one side and processing power on the other. That's it. I'm still looking for the explanation of why someone who does not mine KDC would be persuaded to exchange BTC, USD, EUR, whatever for KDC so they could buy something they can already purchse at the same place with the currency they already hold. Because we have an awesome gamestore, we have a store where you can buy stickers, t-shirts, giftcards (steam, amazon and gamestop. Hopefully EA-games too soon) and condoms for god sake! Not a lot of alt coins has this, do they? What about Lottocoin, Casinocoin, MINT, TOP, Peng, Corgi, LEAF, RIC and Vert... Do they have stores like this? I know Lotto, csc, mint, peng and LEAF doesn't at least. We do. These stores won't get KDC up to $1 tomorrow or next week, but in a month or two. That's why people should invest in KDC. Why is Auroracoin trading so high? Why is Doge so big? You could buy the things you buy with Doge, with your BTC... right? BTC doesn't have a developer, alt-coins does. KDC has great ones and we have a great community. Yes the community is awesome and its cool you can mine a $20 GBP amazon card. And I have much respect for those who dedicate time and effort to the pursuit. But again considering the general public who does not mine KDC why wouldn't I just purchase a $20 card down the corner with the cash in my pocket? As a crypto coin you can only attract speculative dollars, paranoid dollars, and illicit dollars. Grandma will not give you her dollars. Respectfully, I think you are missing the point. The point is to be able to spend KDC to buy giftcards, klondoms, etc... not convert bitcoin to KDC then buy klondoms.
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nightengale
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March 03, 2014, 10:42:17 PM |
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Hopefully some of the people with large sell orders will consider pulling them. Having so much weight on the sell side can really inhibit price movement.
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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March 03, 2014, 10:42:38 PM |
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But again considering the general public who does not mine KDC why wouldn't I just purchase a $20 card down the corner with the cash in my pocket? As a crypto coin you can only attract speculative dollars, paranoid dollars, and illicit dollars. Grandma will not give you her dollars. Wait, wait, wait, but my grandma will never give away any dollar even not for Bitcoins. You know, i sponsor a local belgium young soccer team, kids or 6 years old. They have my name on their shirts. So maybe this is something that can be consider as a marketing topic. I know that the owners are located in the UK, so sponsor a little team in the UK and get Klondikecoin on the t-shirts. This will hit the news papers, everybody will read it, everybody will have a little look at it, and a little stone can become a big wheel that is running downhill and take so many people with him that suddenly we are a hit on youtube, everybody press I like on facebook, etc... Maybe dreaming a little, and also putting it a little too big, but sponsoring a little soccer team can for example help with getting your name in the news papers. I believe that Auroracoin was on Forbes and the Telegraf.
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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March 03, 2014, 10:44:28 PM |
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Hopefully some of the people with large sell orders will consider pulling them. Having so much weight on the sell side can really inhibit price movement.
Those sell orders are nothing, if someone with a decent amount of BTC can just move KDC to 40k sats without any problems.
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nightengale
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March 03, 2014, 10:45:37 PM |
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Hopefully some of the people with large sell orders will consider pulling them. Having so much weight on the sell side can really inhibit price movement.
Those sell orders are nothing, if someone with a decent amount of BTC can just move KDC to 40k sats without any problems. But it could happen even easier if they weren't there.
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SparkIt
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March 03, 2014, 10:50:03 PM |
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I do not want KDC to be dependent of Bitcoin. I want Klondike Coin to be it's own currency dependent on USD... or even better gold!
Why would you buy BTC if you can just buy the same things with $?
Because it's the ULTIMATE currency!
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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March 03, 2014, 10:56:53 PM |
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Hopefully some of the people with large sell orders will consider pulling them. Having so much weight on the sell side can really inhibit price movement.
Those sell orders are nothing, if someone with a decent amount of BTC can just move KDC to 40k sats without any problems. But it could happen even easier if they weren't there. Indeed, but look at Saturncoin, hit Mintpal and you have a volume of +3BTC, now saturncoin has a smaller community as Klondike coin, so i'm not really afraid of a few sell orders.
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Jilixi
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March 03, 2014, 10:57:33 PM |
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KDC Goods kdcgoods.com
As of recent events with a bad fork we want to offer the klondike community 5% off on their order at Kdcgoods.com
Use Coupon Code: KDCMOON at checkout to recevie your 5% off Offer valid the whole week ending Sunday 9/3/2014 Available Bounties Make me a logo - Will pick the winner and announce here - T-shirt + $10 GiftCard of your choice to the Winner + 5 x 80mm Stickers Make a T-shirt design - Winner will get a T-shirt + $15 to spend at the Store Contest will run until 16/3/2014 By entering and possibly winning the contest you give me full permission to use the logo/design in any way I see fit, Credits for making the logo will be added to the information section.
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Owner of BlackCoin Store - BlackCoin StoreBC: BNatbck1SDJebHRMQemkUEFPVZR9uLHLrM BTC: 161EcdmbgmxpZMk2ssZCjGQqB6gypduu97
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jackdminer
Newbie
Offline
Activity: 56
Merit: 0
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March 03, 2014, 11:09:27 PM |
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Now thats something you could market. is the Klondom wrapper also a paper wallet?? Seriously perfect exposure to the coin a paper Klondike wallet with a few coins loaded on it and a condom inside!!!!! This is a great SWAG marketing concept!!!
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