kahir
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Activity: 1050
Merit: 1000
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April 07, 2014, 01:25:21 PM |
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Good thing is not alot of people selling .....that mean they know they got something valuable ... thats good
look at markets depth .....nothing serious until 4000 ... Keep up !
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LeBarton
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April 07, 2014, 03:28:08 PM |
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KDC_Dave,
Btw, as G440T and myself have applied for the positions of content editors, can you manage to give us access to the thread please? I would like to update the pools, elaborate the reward structure, change the klondike.conf into klondikecoin.conf, and so on. No big stuff but necessary and annoying for the newcomers.
Thanks
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kahir
Legendary
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Activity: 1050
Merit: 1000
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April 07, 2014, 04:14:40 PM |
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KDC_Dave,
Btw, as G440T and myself have applied for the positions of content editors, can you manage to give us access to the thread please? I would like to update the pools, elaborate the reward structure, change the klondike.conf into klondikecoin.conf, and so on. No big stuff but necessary and annoying for the newcomers.
Thanks
+1
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ny2cafuse
Legendary
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Activity: 1582
Merit: 1002
HODL for life.
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April 07, 2014, 08:53:16 PM |
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Gridseed .... they only mine LTC and doge ...... just saying
False. They mine any sha256 or scrypt based coin. That includes, but is not limited to, LTC and DOGE. 24Kilo can attest to this, as can I, as we both own Gridseed ASICs. -Fuse
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Community > Devs
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kahir
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Activity: 1050
Merit: 1000
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April 07, 2014, 09:16:52 PM |
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kahir
Legendary
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Activity: 1050
Merit: 1000
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April 08, 2014, 09:15:01 AM |
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By only changing the block to halve at, you are also changing the max number of coins, going from 19.948.700 up to 20.474.396. You should then change the structure of the reward system and I don't think that changing the rules of the game now is a good idea. The reward is going to be acceptable now, it was the initial reward of 77 kdc that was completely insane. 1/3 of the coins were mined in less than 2 months. With the new reward system, the coin will be mined up to july 2024. Don't get me wrong, I don't deny the importance of a secure net hashrate but right now this coin is living on its investors, not on the profit miners. Will those guys turn off their mining rigs after the next halving? No, most of them won't as they are in for the long haul. On top of that, look on coinwarz, the net hashrate of the other coins. They are low as hell too. There are so many alt coins that can be under a 51% attack that the odds that kdc will be attacked are low. I don't say that there is no risk but it's reasonable atm. Why would someone 51% attack kdc for no profit when there are tons of other coins with a net hashrate of 15-30 MHash? It's easier to attack those coins.
There is actually a faction on these very forums that are actively targeting what they consider weaker coins and doing whatever they can to destroy those coins. The increase from 19.9million to 20.4million total coins is only about 3% when all is said and done so I don't think it will be a very big deal in the long run. However, if we lose half our net hash again (like we did during the last 2 halvings) it isn't going to take very much for someone to implement a 51% attack (around 10-25MH if we drop from the current 50-100MH we have been seeing the last week or so.) We really haven't seen any benefit at all from the last two reductions in rewards (I know a lot of factors play into this but we have been on a constant downward slope) so it doesn't seem prudent to me to continue on with the next one when our net hash is already very low. I think we can easily survive a 3% increase in total coins, however if someone were to 51% (even if tberes only a 1% chance this happens I still think its worth waiting on the next block reduction) attack us I don't see anyway we end up surviving look dude ..... There is 1 thing AND ONLY 1 thing that make hashrate increase ..... .. not community ..not belivers ... ..not investors ITS PRICE
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G440T
Member
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Activity: 98
Merit: 10
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April 08, 2014, 09:20:22 AM |
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By only changing the block to halve at, you are also changing the max number of coins, going from 19.948.700 up to 20.474.396. You should then change the structure of the reward system and I don't think that changing the rules of the game now is a good idea. The reward is going to be acceptable now, it was the initial reward of 77 kdc that was completely insane. 1/3 of the coins were mined in less than 2 months. With the new reward system, the coin will be mined up to july 2024. Don't get me wrong, I don't deny the importance of a secure net hashrate but right now this coin is living on its investors, not on the profit miners. Will those guys turn off their mining rigs after the next halving? No, most of them won't as they are in for the long haul. On top of that, look on coinwarz, the net hashrate of the other coins. They are low as hell too. There are so many alt coins that can be under a 51% attack that the odds that kdc will be attacked are low. I don't say that there is no risk but it's reasonable atm. Why would someone 51% attack kdc for no profit when there are tons of other coins with a net hashrate of 15-30 MHash? It's easier to attack those coins.
There is actually a faction on these very forums that are actively targeting what they consider weaker coins and doing whatever they can to destroy those coins. The increase from 19.9million to 20.4million total coins is only about 3% when all is said and done so I don't think it will be a very big deal in the long run. However, if we lose half our net hash again (like we did during the last 2 halvings) it isn't going to take very much for someone to implement a 51% attack (around 10-25MH if we drop from the current 50-100MH we have been seeing the last week or so.) We really haven't seen any benefit at all from the last two reductions in rewards (I know a lot of factors play into this but we have been on a constant downward slope) so it doesn't seem prudent to me to continue on with the next one when our net hash is already very low. I think we can easily survive a 3% increase in total coins, however if someone were to 51% (even if tberes only a 1% chance this happens I still think its worth waiting on the next block reduction) attack us I don't see anyway we end up surviving look dude ..... There is 1 thing AND ONLY 1 thing that make hashrate increase ..... .. not community ..not belivers ... ..not investors ITS PRICE All of these tie in with the price, unless it's purely pump and dump.
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kahir
Legendary
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Activity: 1050
Merit: 1000
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April 08, 2014, 09:28:42 AM |
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the only thing holding price from going down ... and pushing it back to 2000 level
is miners who dump more profitable coins for KDC buys
i do that .....
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LeBarton
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April 10, 2014, 02:46:48 PM |
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VOTE FOR KLONDIKE COIN please donate for dev. BTC: 13MVMftimCmpQEsryo47pTs97ubmwkT31Y LTC: Lh9ChfS1X3YWXmapr66nQjj3qZmys3qkNw DOGE: DJMxzVrURhmsWFZHCjK5kDVHEqP5FcfGvy Sorry but we don't want to get on your exchange. Thanks anyway.
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kahir
Legendary
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Activity: 1050
Merit: 1000
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April 10, 2014, 07:36:59 PM |
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the guy at cryptsy stoped buying KDC .... buy walls are gone ..
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LeBarton
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April 11, 2014, 05:46:19 AM |
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the guy at cryptsy stoped buying KDC .... buy walls are gone ..
He removed his buy walls some time ago. Maybe he realized he was buying klondikecoin and not KimDotCoin
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roctiv
Newbie
Offline
Activity: 26
Merit: 0
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April 11, 2014, 11:24:59 AM |
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If not the devs talking about this forum ... the coin will die! I'm starting to lose hope ...
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LeBarton
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April 11, 2014, 01:26:49 PM |
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If not the devs talking about this forum ... the coin will die! I'm starting to lose hope ...
Imo the coin should go PoS and have a pool that mines LTC and buys KDC. The price is low, the volume is low, so even a small mining pool would have an effect on the price. Dunno what the community thinks about it.
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jparsley
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April 11, 2014, 02:22:36 PM |
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So hows the diff on this coin
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please unban me.
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MineP.it
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April 12, 2014, 04:16:12 PM |
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Announcing our 1 MILLION DOGECOIN GiveawayWe are giving away 1,000,000 DOGE in a prize draw - available to everyone who mines at any of our pools (including KDC) starting from today. As you mine, you will earn "tickets" to the prize draw. The more tickets you have the more chance of winning. The first draw will be made when we have found our first DOGE block. Starts right now - click here to learn moreEarn tickets by mining at our KDC poolOur thread here on BCT
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https://www.minep.it - secure, stable mining pools | 0.75% fees | chat | forums | one login for 40+ pools | unique interface Pools: Bitcoin | BitMark | ConspiracyCoin | CryptCoin | CureCoin | DarkCoin | Digit | DogeCoin | Dvorakoin | FeatherCoin | FractalCoin | Hiro | IsraelCoin | KarmaCoin | Kryptonite | LimeCoinX | Litecoin | MultiWalletCoin | Negotium | NewWorldOrder | OzzieCoin | PyramidsCoin | RootCoin | SaveCoin | Shade | SurvivorCoin | SysCoin | TalkCoin | TitCoin | Trinity | UseCoin | UtopiaCoin | VertCoin | ViaCoin | VirtualCoin | VirtualMiningCoin | WankCoin | WorldCoin | ZetaCoin
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barryzand
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April 12, 2014, 04:55:47 PM |
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dude... were in KDC thread here... why are you spamming this in every thread you got a pool of? Just open a topic for yourself dude
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MineP.it
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April 12, 2014, 04:58:50 PM |
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dude... were in KDC thread here... why are you spamming this in every thread you got a pool of? Just open a topic for yourself dude I'm sorry for spamming. It's the only way to get noticed though This concerns miners of all the coins we run pools for. If you want to mine KDC coin then we're offering the opportunity to mine at our pool - and at the same time, with no extra effort required, gain entry in our prize draw for DOGE coins. If it doesn't interest you then please ignore it - it might interest other KDC miners though.
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https://www.minep.it - secure, stable mining pools | 0.75% fees | chat | forums | one login for 40+ pools | unique interface Pools: Bitcoin | BitMark | ConspiracyCoin | CryptCoin | CureCoin | DarkCoin | Digit | DogeCoin | Dvorakoin | FeatherCoin | FractalCoin | Hiro | IsraelCoin | KarmaCoin | Kryptonite | LimeCoinX | Litecoin | MultiWalletCoin | Negotium | NewWorldOrder | OzzieCoin | PyramidsCoin | RootCoin | SaveCoin | Shade | SurvivorCoin | SysCoin | TalkCoin | TitCoin | Trinity | UseCoin | UtopiaCoin | VertCoin | ViaCoin | VirtualCoin | VirtualMiningCoin | WankCoin | WorldCoin | ZetaCoin
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Chris180Z
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April 12, 2014, 05:20:17 PM |
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So er, no updated version 1 month later. I still cant connect to the network and actually use my coins that I mined and purchased. Any news of fixing the network? .
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barryzand
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April 12, 2014, 05:28:48 PM |
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dude... were in KDC thread here... why are you spamming this in every thread you got a pool of? Just open a topic for yourself dude I'm sorry for spamming. It's the only way to get noticed though This concerns miners of all the coins we run pools for. If you want to mine KDC coin then we're offering the opportunity to mine at our pool - and at the same time, with no extra effort required, gain entry in our prize draw for DOGE coins. If it doesn't interest you then please ignore it - it might interest other KDC miners though. LoL I know man.... Its just that I opened up 4 threads.... and in those 4 threads I saw the same post LOL... Must say I like the pool man... you actually made me click it when I saw it for the 4th time today LOL That said, at least 4 coins that I like are at your pools... Ill throw some hashes your way soon (youre tactic actually works LOL )
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barryzand
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April 12, 2014, 05:30:50 PM |
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So er, no updated version 1 month later. I still cant connect to the network and actually use my coins that I mined and purchased. Any news of fixing the network? . Its already been a month? wtf? So whatsup with an updated client? Does it need the openssl repair too? etcetc... Whats the plan? STILL HOLDING!
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