[ANN][MEOW] KittehCoin Relaunch IS HERE!!!!

[Zebedee23]

Looking to buy some bitcoins to trade to meow, mining them is to slow now.

What exchange do you guys use, and what method to buy the coins ? ie: bank transfer, paypal ??

How long to deposit usd to get coins ?

I do not want ads, looking for some info from trusted members with experience.

Gotta buy some meow, now...

I used coinbase. You have to use your bank account but it was the easiest for me. I did have to wait like 1-2 weeks since it was my first time. You could buy directly from someone but DONT SEND FIRST!  

coinbase if in the states, if in Europe i like wm-center

[Zebedee23]

Thing is, with a global supply in the range of tens of billions (as it will be in the mid-term), there is a problem for the price. Generally, coins issued in the billions like crazy are not a good idea for preserving value. You don't even need "dumpers" to destroy the value. It will be destroyed by itself over the course of time. DOGE has managed to hype itself more and counterbalance this effect but in the long run a large supply is a very serious problem.

Absolute coin supply number doesn't matter because you can always normalise it and evaluate the market cap. If Kittehcoin had 100x less coins, then individual coin price would be 100x higher with everything else being equal. Same idea goes to block reward. It will always scale linearly with coin supply, what matters is block halving period which determines supply gradient.

There is a psychological factor that distorts that, otherwise, perfect mathematical symmetry. For example if the coins were like 10.000x less, the value would not be 10.000 more because people would say "are you kidding me?" There had to be some fundamentals in place apart from the relative scarcity to justify the cost.

Extreme cases like 42 have a collectible interest and thus represent an exception.

Yeah, that's right. High supply coins also tend to have bigger market cap due to "lower price numbers" and more discrete trading steps (i.e. "easier" order books) where each satoshi represents significant % of the price.

This is actually exploitable, in terms of market cap... I'm not sure if I should be writting this but anyway I will: if someone makes a coin that costs 1 satoshi (you can't trade lower than that) and say, issues quadrillions of them (with a rational like "every citizen of the planet must own at least 1mn, so 7 bn people X 1m coins = 7 quadrillion coins), then you have 7.000.000.000.000.000 x 0.00000001 = 70mn market cap, easy. And it can appear to rise every day if, say, it starts the issuing with 1/7 in the first days (10mn market cap) reaching 70mn as the quantity increases and reaches the predesignated point.

You can trade with litecoin. Or in your example trade with doge. 

Indeed, but coinmarketcap will show ...70mn

u can trade lower than 1 sat, open a litecoin market or xpm

[dadikul]

the dumping just wont stop!

shiit its true , why? 

[Taxidermista]

Thing is, with a global supply in the range of tens of billions (as it will be in the mid-term), there is a problem for the price. Generally, coins issued in the billions like crazy are not a good idea for preserving value. You don't even need "dumpers" to destroy the value. It will be destroyed by itself over the course of time. DOGE has managed to hype itself more and counterbalance this effect but in the long run a large supply is a very serious problem.

Absolute coin supply number doesn't matter because you can always normalise it and evaluate the market cap. If Kittehcoin had 100x less coins, then individual coin price would be 100x higher with everything else being equal. Same idea goes to block reward. It will always scale linearly with coin supply, what matters is block halving period which determines supply gradient.

There is a psychological factor that distorts that, otherwise, perfect mathematical symmetry. For example if the coins were like 10.000x less, the value would not be 10.000 more because people would say "are you kidding me?" There had to be some fundamentals in place apart from the relative scarcity to justify the cost.

Extreme cases like 42 have a collectible interest and thus represent an exception.

Yeah, that's right. High supply coins also tend to have bigger market cap due to "lower price numbers" and more discrete trading steps (i.e. "easier" order books) where each satoshi represents significant % of the price.

This is actually exploitable, in terms of market cap... I'm not sure if I should be writting this but anyway I will: if someone makes a coin that costs 1 satoshi (you can't trade lower than that) and say, issues quadrillions of them (with a rational like "every citizen of the planet must own at least 1mn, so 7 bn people X 1m coins = 7 quadrillion coins), then you have 7.000.000.000.000.000 x 0.00000001 = 70mn market cap, easy. And it can appear to rise every day if, say, it starts the issuing with 1/7 in the first days (10mn market cap) reaching 70mn as the quantity increases and reaches the predesignated point.

You can trade with litecoin. Or in your example trade with doge. 

Indeed, but coinmarketcap will show ...70mn

No, you can have price 0 (no buy orders) = 0 cap.

[wB`]

i think MEOWs price will recover as bitcoin recovers. every coin that i own with the exception of feathercoin vs the bitcoin has taken a huge beating in the past 10+ days. we just need to market the coin and hope the new features, payment processors, etc begin to roll-out in a timely fashion. a strong community and an excellent development team will create value in this coin.

[kwasime]

to all those selling cheap.....just know think of what will happen should mt gox announce that the withdrawal issue is fixed!!!!!....250 satoshi will be the least price after that chapter

[pabloangello]

to all those selling cheap.....just know think of what will happen should mt gox announce that the withdrawal issue is fixed!!!!!....250 satoshi will be the least price after that chapter

Really hope to see that from bottom of my heart.

[dquancey]

to all those selling cheap.....just know think of what will happen should mt gox announce that the withdrawal issue is fixed!!!!!....250 satoshi will be the least price after that chapter

Steady on.

Don't think it will rise that high. Mt.Gox won't recover either I doubt.

More like 100 satoshi.

[kwasime]

to all those selling cheap.....just know think of what will happen should mt gox announce that the withdrawal issue is fixed!!!!!....250 satoshi will be the least price after that chapter

Really hope to see that from bottom of my heart.

you definitely will......cos lotto and doge had the same problem.....lotto was at 9 satoshi and doge at 27 satoshi.....but when btc recovered we saw lot hitting about 65 satoshi and doge hitting i think 270...but remember lotto didnt have this much followers like meow has right now....plus meow has a far better dev team......so just wait and see.....250 satoshi here we come....  

[salstimda]

i dont think BTC value has much influence on the BTC/MEOW exchange rate. i still think MEOW will rise soon, for other reasons

[kwasime]

to all those selling cheap.....just know think of what will happen should mt gox announce that the withdrawal issue is fixed!!!!!....250 satoshi will be the least price after that chapter

Steady on.

Don't think it will rise that high. Mt.Gox won't recover either I doubt.

More like 100 satoshi.

just wait and see.......i am saying there will be a lil halt at about 90 then at about 140....then to 250 we go.....just wait and see....will send you my meow address will be great to get a good tip from you at that time though...

[kwasime]

i dont think BTC value has much influence on the BTC/MEOW exchange rate. i still think MEOW will rise soon, for other reasons

whenever btc crashes....all other coins follow with a crash just a few dont.....and whales only prefer the most undervalued and popular, none premined coins as they know it will be very easy and less risky to pump....and even with the kgw implemented it gives the additional assurance......cos they know there wouldnt be that much dump when they are pumping.....plus everyone knows meow very pupular and so guess what will happen of btc recovers and everyone moves their assets from the big exchanges after riding the btc waves to the altcoin world and meow is already at about say 40 satoshi which means it is very much still undervalued at that price as meow has hit above 100 before.....think of the price ceiling from there......the mooon cant even handle us.....

[celcius]

Since this coin still have powerful devs with, it has big chances and potentials.
I will not sell out my kittehs 

[LeChatNoir]

People i strongly suggest you to keep stacking cheap MEOWs, block reward will halves in 20 days and by then the price of this little baby will already have skyrocketed!
Only reason why this is selling so low is because of very high inflation, typical of every newborn coin.
DOGE here we come!

[dquancey]

Just gone from 17 to 22 satoshi in about 20 minutes. Big sell walls just brought down.

[dquancey]

to all those selling cheap.....just know think of what will happen should mt gox announce that the withdrawal issue is fixed!!!!!....250 satoshi will be the least price after that chapter

Steady on.

Don't think it will rise that high. Mt.Gox won't recover either I doubt.

More like 100 satoshi.

just wait and see.......i am saying there will be a lil halt at about 90 then at about 140....then to 250 we go.....just wait and see....will send you my meow address will be great to get a good tip from you at that time though...

If it reaches 250, you can find me and you'll get a nice tip.

[dquancey]

[LeChatNoir]

100 satoshi within 10 days is my prediction!

[nomoreheroes7]

Everyone, HODL your coins! An upswing approaches!

[celcius]

It's heading back to normal