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Author Topic: [ANN] [KING] Kingdom Coin X13, 1.9M coins, 2.5% PoS | 5 exchanges  (Read 84371 times)
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moneyflow
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December 17, 2014, 03:05:25 PM
 #261

last coin I mined which cut POW in the middle, died the same day of cutting (suddenly buy support vanished)
not to speak of the issues you will have on forking
just let it be. let us mine.. already half way in mining. don't end POW before POS is stable and strong enough.... never
the best the 'angry traders' can do. is stake - and support the network, and stop crying Tongue

Sure which coin are you talking about here?

This just sounds like a greedy miner or just the dev him self answering his own request with a dummy account.

There is absoluetely no buy support at all already, buy support vanishing? Do you think miners would risk puting up buy support with this much mined coins everyday?

lol what are you even saying man but nice try.

anyone who doesnt agree with cutting pow phase is either a dumper since a holder would just accept the fact that his coins will have as much value by cuting pow then leaving it end.

Launching a coin is about creating demands, once the dump is over the dev put up a small buy wall and start building demands for his services as simple as that quit on being greedy here, the ICO investors are the one who should have the right to vote on this matter.

dummy account?
you dummy !
changing coin specs is a mistake. not giving opportunity to miner+more investors
greedy miner ? i mine this coin from the beginning.. and have only 190 coins
by end of  POW i will have only less than 400. and wish they will be worth something
i'm not the greedy who buys shitload of coins up and expect to be rich the same week...

Haha nice try. Whats the difference of having 190 coins with 1M total supply and 380 coins with 2M total supply? No difference at all but this will help the ico investors. Cut your Bs in my opinion if the dev has enough respect for the ico investors he will allow them to chose.
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December 17, 2014, 03:06:35 PM
 #262

last coin I mined which cut POW in the middle, died the same day of cutting (suddenly buy support vanished)
not to speak of the issues you will have on forking
just let it be. let us mine.. already half way in mining. don't end POW before POS is stable and strong enough.... never
the best the 'angry traders' can do. is stake - and support the network, and stop crying Tongue

Sure which coin are you talking about here?

This just sounds like a greedy miner or just the dev him self answering his own request with a dummy account.

There is absoluetely no buy support at all already, buy support vanishing? Do you think miners would risk puting up buy support with this much mined coins everyday?

lol what are you even saying man but nice try.

anyone who doesnt agree with cutting pow phase is either a dumper since a holder would just accept the fact that his coins will have as much value by cuting pow then leaving it end.

Launching a coin is about creating demands, once the dump is over the dev put up a small buy wall and start building demands for his services as simple as that quit on being greedy here, the ICO investors are the one who should have the right to vote on this matter.

dummy account?
you dummy !
changing coin specs is a mistake. not giving opportunity to miner+more investors
greedy miner ? i mine this coin from the beginning.. and have only 190 coins
by end of  POW i will have only less than 400. and wish they will be worth something
i'm not the greedy who buys shitload of coins up and expect to be rich the same week...

Haha nice try. Whats the difference of having 190 coins with 1M total supply and 380 coins with 2M total supply? No difference at all but this will help the ico investors. Cut your Bs in my opinion if the dev has enough respect for the ico investors he will allow them to chose.
I said that I'll make a poll later. It's not about respect towards people, but it's about freedom of speech.
You and me, as a community.
From what I've seen by now from the community, is just blaming me for the price.

STOP LETTING YOUR EMOTIONS TALK INSTEAD OF YOU.

Hey, smexy. Don't waste your time. Time's precious.
moneyflow
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December 17, 2014, 03:08:30 PM
 #263

Guys, I don't want to start deleting those posts. Please keep it clean and nice.
I haven't slept yet, because of many things. Main thing is the price.

You're blaming me because of OTHER people who sell THEIR coins.

Every sold coin has a new buyer.

Not blaming you for the dumpers, blaming you for not doing whats right. This pow phase is unhealthy and should be ended asap.

or here's whats going to happen.

1-Since buy support is disapearing miners who intend to dump will hold
2-By holding price will go up a bit and buy support will build up
3-Miners who were holding and waiting to dump will dump it all at once creating an even bigger crash.

Allowing more holders at such a low price is a killer for the ICO investors. I didnt even purchase from the ico but i feel bad for them that this is not even of your concerns right now.
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December 17, 2014, 03:12:04 PM
 #264

Guys, I don't want to start deleting those posts. Please keep it clean and nice.
I haven't slept yet, because of many things. Main thing is the price.

You're blaming me because of OTHER people who sell THEIR coins.

Every sold coin has a new buyer.

Not blaming you for the dumpers, blaming you for not doing whats right. This pow phase is unhealthy and should be ended asap.

or here's whats going to happen.

1-Since buy support is disapearing miners who intend to dump will hold
2-By holding price will go up a bit and buy support will build up
3-Miners who were holding and waiting to dump will dump it all at once creating an even bigger crash.

Allowing more holders at such a low price is a killer for the ICO investors. I didnt even purchase from the ico but i feel bad for them that this is not even of your concerns right now.
If you could stop putting words in my mouth, it would be great.

First day when PoW started, some guy came here posting A LOT of FUD. He shaken out a lot of people.
He created that chain reaction of dumps. That's why the price is where it is now.

It's don't think it's right to do what you suggest, but I'll make a poll.

Hey, smexy. Don't waste your time. Time's precious.
MakingMoneyHoney
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December 17, 2014, 03:19:55 PM
 #265

last coin I mined which cut POW in the middle, died the same day of cutting (suddenly buy support vanished)
not to speak of the issues you will have on forking
just let it be. let us mine.. already half way in mining. don't end POW before POS is stable and strong enough.... never
the best the 'angry traders' can do. is stake - and support the network, and stop crying Tongue

Sure which coin are you talking about here?

This just sounds like a greedy miner or just the dev him self answering his own request with a dummy account.

There is absoluetely no buy support at all already, buy support vanishing? Do you think miners would risk puting up buy support with this much mined coins everyday?

lol what are you even saying man but nice try.

anyone who doesnt agree with cutting pow phase is either a dumper since a holder would just accept the fact that his coins will have as much value by cuting pow then leaving it end.

Launching a coin is about creating demands, once the dump is over the dev put up a small buy wall and start building demands for his services as simple as that quit on being greedy here, the ICO investors are the one who should have the right to vote on this matter.

dummy account?
you dummy !
changing coin specs is a mistake. not giving opportunity to miner+more investors
greedy miner ? i mine this coin from the beginning.. and have only 190 coins
by end of  POW i will have only less than 400. and wish they will be worth something
i'm not the greedy who buys shitload of coins up and expect to be rich the same week...

Haha nice try. Whats the difference of having 190 coins with 1M total supply and 380 coins with 2M total supply? No difference at all but this will help the ico investors. Cut your Bs in my opinion if the dev has enough respect for the ico investors he will allow them to chose.
I said that I'll make a poll later. It's not about respect towards people, but it's about freedom of speech.
You and me, as a community.
From what I've seen by now from the community, is just blaming me for the price.

STOP LETTING YOUR EMOTIONS TALK INSTEAD OF YOU.


The problem as I see it, is the miners are selling at the prices the buyers have listed, instead of holding out for more. If no one sold (at the cheaper prices buyers are looking to get), the buyers would have pay more for the coins.

And, another reason is that the sellers aren't pricing anything higher, but I don't blame them, as those most interested in KING already bought when the price was much higher for fewer coins. So the buyers we have left with money to invest, are those who weren't as interested from the start. Since they have less of an interest, they aren't going to spend as much money.

Personally I don't get why miners bothered to mine the coin to sell it so cheaply, but that's pretty much the cause, IMHO.
KeyserSozeMC (OP)
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December 17, 2014, 03:21:42 PM
 #266

last coin I mined which cut POW in the middle, died the same day of cutting (suddenly buy support vanished)
not to speak of the issues you will have on forking
just let it be. let us mine.. already half way in mining. don't end POW before POS is stable and strong enough.... never
the best the 'angry traders' can do. is stake - and support the network, and stop crying Tongue

Sure which coin are you talking about here?

This just sounds like a greedy miner or just the dev him self answering his own request with a dummy account.

There is absoluetely no buy support at all already, buy support vanishing? Do you think miners would risk puting up buy support with this much mined coins everyday?

lol what are you even saying man but nice try.

anyone who doesnt agree with cutting pow phase is either a dumper since a holder would just accept the fact that his coins will have as much value by cuting pow then leaving it end.

Launching a coin is about creating demands, once the dump is over the dev put up a small buy wall and start building demands for his services as simple as that quit on being greedy here, the ICO investors are the one who should have the right to vote on this matter.

dummy account?
you dummy !
changing coin specs is a mistake. not giving opportunity to miner+more investors
greedy miner ? i mine this coin from the beginning.. and have only 190 coins
by end of  POW i will have only less than 400. and wish they will be worth something
i'm not the greedy who buys shitload of coins up and expect to be rich the same week...

Haha nice try. Whats the difference of having 190 coins with 1M total supply and 380 coins with 2M total supply? No difference at all but this will help the ico investors. Cut your Bs in my opinion if the dev has enough respect for the ico investors he will allow them to chose.
I said that I'll make a poll later. It's not about respect towards people, but it's about freedom of speech.
You and me, as a community.
From what I've seen by now from the community, is just blaming me for the price.

STOP LETTING YOUR EMOTIONS TALK INSTEAD OF YOU.


The problem as I see it, is the miners are selling at the prices the buyers have listed, instead of holding out for more. If no one sold (at the cheaper prices buyers are looking to get), the buyers would have pay more for the coins.

And, another reason is that the sellers aren't pricing anything higher, but I don't blame them, as those most interested in KING already bought when the price was much higher for fewer coins. So the buyers we have left with money to invest, are those who weren't as interested from the start. Since they have less of an interest, they aren't going to spend as much money.

Personally I don't get why miners bothered to mine the coin to sell it so cheaply, but that's pretty much the cause, IMHO.
Weak hands, not having faith in crypto.
I don't blame people although. Look at the entire crypto scene right now.
Look how much costs BTC1. BTC is taking everything down.
People exiting because they're scared.

Rule #1 in crypto: Always blame the dev.

Hey, smexy. Don't waste your time. Time's precious.
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December 17, 2014, 03:24:38 PM
 #267

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

CHANGE FINANCE First Decentralised Global Crypto Bank
[color=#15B5E2 ]LINK TO ICO | LINK TO DISCUSSION
moneyflow
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December 17, 2014, 03:40:28 PM
 #268

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

Man where do you guys even get your infos from?

It will be pure ipo? i dont even think there is more then 250k coins bought on the ico and there is already 1.1M coin out. Make the math.

By the way by creating a poll allowing every to vote is simply unfair to the ico investors since there is way more miners who are waiting to dump daily then people who invested in ico.
KeyserSozeMC (OP)
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December 17, 2014, 03:41:27 PM
 #269

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

Man where do you guys even get your infos from?

It will be pure ipo? i dont even think there is more then 250k coins bought on the ico and there is already 1.1M coin out. Make the math.

By the way by creating a poll allowing every to vote is simply unfair to the ico investors since there is way more miners who are waiting to dump daily then people who invested in ico.
You should do the math Tongue

Remove 500k coins, which were burned.


I don't know if this is possible, but you can stop the POW phase start working back to get your coin up.

This pow phase is destroying your coin just like i told you since day 1 but this is not too late i am sure there is something to do to stop the pow phase.

coding? or  simply a new coin to swap actual coins?

Just in case you did not see this, hoping for an answer or even a poll to allow people to vote the idea.

You're contradicting yourself.

Please decide. Poll or not to poll?

Hey, smexy. Don't waste your time. Time's precious.
moneyflow
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December 17, 2014, 03:45:11 PM
 #270

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

Man where do you guys even get your infos from?

It will be pure ipo? i dont even think there is more then 250k coins bought on the ico and there is already 1.1M coin out. Make the math.

By the way by creating a poll allowing every to vote is simply unfair to the ico investors since there is way more miners who are waiting to dump daily then people who invested in ico.
You should do the math Tongue

Remove 500k coins, which were burned.

Yes total ICO 750k - 500k = 250k ico coins

1.6 M coin for the pow phase 250k coins for the ico phase?

Thats exactly what i said previously, already 1.1M coins out and only 250k of them are from the ico. I think there was enough mining the ratio is just getting ridiculous don't you think.
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December 17, 2014, 03:48:14 PM
 #271

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

Man where do you guys even get your infos from?

It will be pure ipo? i dont even think there is more then 250k coins bought on the ico and there is already 1.1M coin out. Make the math.

By the way by creating a poll allowing every to vote is simply unfair to the ico investors since there is way more miners who are waiting to dump daily then people who invested in ico.
You should do the math Tongue

Remove 500k coins, which were burned.

Yes total ICO 750k - 500k = 250k ico coins

1.6 M coin for the pow phase 250k coins for the ico phase?
Please read comment above your comment. I edited it.

500k minus 1m = 500k.

Hey, smexy. Don't waste your time. Time's precious.
moneyflow
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December 17, 2014, 03:49:49 PM
 #272

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

Man where do you guys even get your infos from?

It will be pure ipo? i dont even think there is more then 250k coins bought on the ico and there is already 1.1M coin out. Make the math.

By the way by creating a poll allowing every to vote is simply unfair to the ico investors since there is way more miners who are waiting to dump daily then people who invested in ico.
You should do the math Tongue

Remove 500k coins, which were burned.


I don't know if this is possible, but you can stop the POW phase start working back to get your coin up.

This pow phase is destroying your coin just like i told you since day 1 but this is not too late i am sure there is something to do to stop the pow phase.

coding? or  simply a new coin to swap actual coins?

Just in case you did not see this, hoping for an answer or even a poll to allow people to vote the idea.

You're contradicting yourself.

Please decide. Poll or not to poll?

lol you playing games now? where im i contradicting my self? The poll is a good idea but it will attract the mining community thats what i said globally which i said wouldn't be fair for the initial investors. From the Initial investors perspective what would be fair is to just cut the pow phase directly but go ahead with the poll instead of playing around on previous quotes.
moneyflow
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December 17, 2014, 03:51:57 PM
 #273

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

Man where do you guys even get your infos from?

It will be pure ipo? i dont even think there is more then 250k coins bought on the ico and there is already 1.1M coin out. Make the math.

By the way by creating a poll allowing every to vote is simply unfair to the ico investors since there is way more miners who are waiting to dump daily then people who invested in ico.
You should do the math Tongue

Remove 500k coins, which were burned.

Yes total ICO 750k - 500k = 250k ico coins

1.6 M coin for the pow phase 250k coins for the ico phase?
Please read comment above your comment. I edited it.

500k minus 1m = 500k.


Why are you even trying to cover this whole thing up. These 500k were burned from the c-cex ico not from the pow phase. So whats the point?

There will still be 1.6M at the end of pow + 250k from the ico.
KeyserSozeMC (OP)
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December 17, 2014, 03:52:25 PM
 #274

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

Man where do you guys even get your infos from?

It will be pure ipo? i dont even think there is more then 250k coins bought on the ico and there is already 1.1M coin out. Make the math.

By the way by creating a poll allowing every to vote is simply unfair to the ico investors since there is way more miners who are waiting to dump daily then people who invested in ico.
You should do the math Tongue

Remove 500k coins, which were burned.


I don't know if this is possible, but you can stop the POW phase start working back to get your coin up.

This pow phase is destroying your coin just like i told you since day 1 but this is not too late i am sure there is something to do to stop the pow phase.

coding? or  simply a new coin to swap actual coins?

Just in case you did not see this, hoping for an answer or even a poll to allow people to vote the idea.

You're contradicting yourself.

Please decide. Poll or not to poll?

lol you playing games now? where im i contradicting my self? The poll is a good idea but it will attract the mining community thats what i said globally which i said wouldn't be fair for the initial investors. From the Initial investors perspective what would be fair is to just cut the pow phase directly but go ahead with the poll instead of playing around on previous quotes.
Who is playing games, are you kidding me, man?

First you suggest me to make a poll, then you say it'll be bad if I make a poll?

Hey, smexy. Don't waste your time. Time's precious.
KeyserSozeMC (OP)
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December 17, 2014, 03:53:22 PM
 #275

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

Man where do you guys even get your infos from?

It will be pure ipo? i dont even think there is more then 250k coins bought on the ico and there is already 1.1M coin out. Make the math.

By the way by creating a poll allowing every to vote is simply unfair to the ico investors since there is way more miners who are waiting to dump daily then people who invested in ico.
You should do the math Tongue

Remove 500k coins, which were burned.

Yes total ICO 750k - 500k = 250k ico coins

1.6 M coin for the pow phase 250k coins for the ico phase?
Please read comment above your comment. I edited it.

500k minus 1m = 500k.


Why are you even trying to cover this whole thing up. These 500k were burned from the c-cex ico not from the pow phase. So whats the point?

There will still be 1.6M at the end of pow + 250k from the ico.
I'm not trying to cover up anything. Have you checked the OP? It says clearly 1.9M by the end of PoW phase. Which will be reduced, thanks to PoS.

I am going to sleep now. Haven't slept since yesterday. It's already 5PM.
Will be back in 5-8 hours.

Hey, smexy. Don't waste your time. Time's precious.
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December 17, 2014, 03:56:35 PM
 #276

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

Man where do you guys even get your infos from?

It will be pure ipo? i dont even think there is more then 250k coins bought on the ico and there is already 1.1M coin out. Make the math.

By the way by creating a poll allowing every to vote is simply unfair to the ico investors since there is way more miners who are waiting to dump daily then people who invested in ico.
You should do the math Tongue

Remove 500k coins, which were burned.


I don't know if this is possible, but you can stop the POW phase start working back to get your coin up.

This pow phase is destroying your coin just like i told you since day 1 but this is not too late i am sure there is something to do to stop the pow phase.

coding? or  simply a new coin to swap actual coins?

Just in case you did not see this, hoping for an answer or even a poll to allow people to vote the idea.

You're contradicting yourself.

Please decide. Poll or not to poll?

lol you playing games now? where im i contradicting my self? The poll is a good idea but it will attract the mining community thats what i said globally which i said wouldn't be fair for the initial investors. From the Initial investors perspective what would be fair is to just cut the pow phase directly but go ahead with the poll instead of playing around on previous quotes.
Who is playing games, are you kidding me, man?

First you suggest me to make a poll, then you say it'll be bad if I make a poll?


When i initially said create a poll i didnt take in consideration the 1k dumpers mining your coin. Now im tthinking about it and i think you should just take your investors priority in hand and cut the pow phase.

I doubt the ico investors are going to be against this decision what do you think?
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December 17, 2014, 03:57:48 PM
 #277

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

Man where do you guys even get your infos from?

It will be pure ipo? i dont even think there is more then 250k coins bought on the ico and there is already 1.1M coin out. Make the math.

By the way by creating a poll allowing every to vote is simply unfair to the ico investors since there is way more miners who are waiting to dump daily then people who invested in ico.
You should do the math Tongue

Remove 500k coins, which were burned.


I don't know if this is possible, but you can stop the POW phase start working back to get your coin up.

This pow phase is destroying your coin just like i told you since day 1 but this is not too late i am sure there is something to do to stop the pow phase.

coding? or  simply a new coin to swap actual coins?

Just in case you did not see this, hoping for an answer or even a poll to allow people to vote the idea.

You're contradicting yourself.

Please decide. Poll or not to poll?

lol you playing games now? where im i contradicting my self? The poll is a good idea but it will attract the mining community thats what i said globally which i said wouldn't be fair for the initial investors. From the Initial investors perspective what would be fair is to just cut the pow phase directly but go ahead with the poll instead of playing around on previous quotes.
Who is playing games, are you kidding me, man?

First you suggest me to make a poll, then you say it'll be bad if I make a poll?


When i initially said create a poll i didnt take in consideration the 1k dumpers mining your coin. Now im tthinking about it and i think you should just take your investors priority in hand and cut the pow phase.

I doubt the ico investors are going to be against this decision what do you think?
I go with the community. Whatever the majority votes, I'll be there.

Hey, smexy. Don't waste your time. Time's precious.
LovSan
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December 17, 2014, 04:01:05 PM
 #278

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

http://king.explorer.ssdpool.com:9133/richlist

Coin Supply: 1203918.02538802 (KING) - 501897.10000000 (burned ICO) = 702021 - 250000 (total sold ICO coins) = 452021

It's almost 500000 mined, it can't be "pure ICO". That means that on every bought in ICO KING there is already 2 KING mined.

❄❁❇❂❇❃❇❅❇❆❇❈❇❉❇❊❇❋❄♒❇♓❇♉❇♈❇♊❇♋❇♌❇♍❇♎❇♏❇♐❇♑❄❋❇❊❇❉❇❈❇❆❇❅❇❃❇❂❇❁❄
moneyflow
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December 17, 2014, 04:03:11 PM
 #279

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

http://king.explorer.ssdpool.com:9133/richlist

Coin Supply: 1203918.02538802 (KING) - 501897.10000000 (burned ICO) = 702021 - 250000 (total sold ICO coins) = 452021

It's almost 500000 mined, it can't be "pure ICO". That means that on every bought in ICO KING there is already 2 KING mined, 1:2 ICO:MINED ratio.

ratio is already 1/3 and up this is barely starting will end around 1/7 and a bit
LovSan
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December 17, 2014, 04:05:29 PM
 #280

I don't think it will change anything if you cut POW phase.
Dev made mistake by choosing X13. All X algo mine big farms and they always dumping.
If you cut POW it'll be almost pure ICO (which ppl don't like).
Second thing you need real miners (not farms, ASIC's), which you posess by longer POW phase with diffrent algo (neoscrypt, lyra2re, groetsl, etc.)

http://king.explorer.ssdpool.com:9133/richlist

Coin Supply: 1203918.02538802 (KING) - 501897.10000000 (burned ICO) = 702021 - 250000 (total sold ICO coins) = 452021

It's almost 500000 mined, it can't be "pure ICO". That means that on every bought in ICO KING there is already 2 KING mined, 1:2 ICO:MINED ratio.

ratio is already 1/3 and up this is barely starting will end around 1/7 and a bit

Yep 2:1 or 1/3 got messed with it.

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