[ANN] [KEY] KeyCoin | Fair Launch | Daily Updates | 8/9 Status Update

[vectisitch]

that is a very short term outlook right there. bitcoin should be seen as investment. altcoins can be used as smaller denomination currency

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[yellowduck2]

that is a very short term outlook right there. bitcoin should be seen as investment. altcoins can be used as smaller denomination currency

U don't understand how current alt coin works. Alt coin is meant for short term. Anyone who think alt coin is for long term will have a very high chance of losing money or making very little money.

I lost a lot of BTC holding alt coin for long term. Once i understand alt is for short term, i start to make some BTC. As time goes by thinking alt coin is for short term, i begin to make some serious BTC.

[vectisitch]

your right but ultimately a few alts will survive to become like, bitcoin is the investment,the value store. alts can become the currencies. people are already using alts as currency. why not a few of them be long term currencies. so you haave to take your best guess and get them now while there cheap
but yes,most are short term ways to make more btc

[yellowduck2]

your right but ultimately a few alts will survive to become like, bitcoin is the investment,the value store. alts can become the currencies. people are already using alts as currency. why not a few of them be long term currencies. so you haave to take your best guess and get them now while there cheap
but yes,most are short term ways to make more btc

U are almost there. Once u get the "cheap coin" and "a few of them be long term" out of your mind. U will make money. Try it for a week.

I used to think there is such thing as cheap coin.

[ocminer]

that is a very short term outlook right there. bitcoin should be seen as investment. altcoins can be used as smaller denomination currency

add a "most" before altcoins and i'm +1

[vectisitch]

 a small few will survive i'm sure like ltc seems to. it's still very young but yes, btc can be the gold and some alts can be the currencies

[LordCoder]

Is this premined from dev?
http://chainz.cryptoid.info/key/address.dws?KL9QJz4MbhSGEJQAUjR7XmtbvduVjVSTFF.htm

[adaseb]

What is the correct block reward?

Seems messed up

Should be 550 at the moment.

[seandaniel]

I hope this coin will not  a pump and dump coin

[TR8888]

We're at block 1814 or there abouts and rewards are 550.. should be 250..

[Djinou94]

P&D coin

[knightlife999]

Crumbs for the public, high returns for the devs. Be careful here...

I would recommend that anyone trading this coin set the following profit targets(revised):

Low risk: 20k
Conservative: 30k
Medium Risk: 45k
High Risk: 65k

If you're going to risk your BTC on this, set a realistic profit target and exit with a nice profit. In the real world markets, 10-25% is a fantastic return. If you bought Key at 10k, selling at 30k is 200%. Very nice return. Be realistic and take your profit before someone else does.  

At present, it looks like Key is a P&D. Be cautious. Set a realistic profit target. Set a target that is lower than the devs anticipate this coin will top out at. Take profit and move onto the next opportunity.

[Vizakenjack]

real block rewards:

Code:

 if(pindexBest->nHeight < 400)
    {
        nSubsidy = 500 * COIN;
    }
        else if(pindexBest->nHeight < 700)
    {
        nSubsidy = 450 * COIN;
    }
        else if(pindexBest->nHeight < 1000)
    {
        nSubsidy = 350 * COIN;
    }
        else if(pindexBest->nHeight < 1300)
    {
        nSubsidy = 300 * COIN;
    }
        else if(pindexBest->nHeight < 1600)
    {
        nSubsidy = 250 * COIN;
    }
    else if(pindexBest->nHeight < 2000)
    {
        nSubsidy = 550 * COIN;
    }
    else if(pindexBest->nHeight < 2100)
    {
        nSubsidy = 150 * COIN;
    }
    else if(pindexBest->nHeight < 3000)
    {
        nSubsidy = 100 * COIN;
    }
    else if(pindexBest->nHeight < 4000)
    {
        nSubsidy = 50 * COIN;
    }

[LordCoder]

Just sold 40 KEY for 0.007 BTC. Invested 0.001 BTC so nice reward I love this kind of shitcoins.

[TheFridge]

You gotta wonder where 100+GH comes from in seconds. Must be private pools but man that is a lot of hash

[utahjohn]

You gotta wonder where 100+GH comes from in seconds. Must be private pools but man that is a lot of hash

WP providing about 10GHs of that ... what is current blockheight?

[linedash]

Is this premined from dev?
http://chainz.cryptoid.info/key/address.dws?KL9QJz4MbhSGEJQAUjR7XmtbvduVjVSTFF.htm

All 1500 coins?  I mined more than that myself in the first hour.

[installer]

2000 blocks left!! price go up when end!!!

[knightlife999]

2000 blocks left!! price go up when end!!!

Key's POW was literally one day. Get ready for the pump, and subsequent sell off. Set realistic profit targets guys. No pie in the sky on this one. Take your profit and move onto the next coin. 

[SecondsOld]

I don't understand all the interest on this one, dev hasn't even posted since launch.