Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
CryptoNick
on 07/01/2017, 08:51:55 UTC
What was the price of 1 KMD at ICO ?

Its 0.00012909 btc /kmd

now the Price for 1 KMD is 0.00006730

its a half....so the biggest looser are the Bitcoin Investors.....Thank you jl777 for that big loss.

I invested more than 30 BTC in that project....now people can only invest 15 BTC in BTCD and have the same Amount of KMD...thats very frustrating :-(

Did you forget that BitCoin jumped in price? KMD will also effectively be worth what BTC is worth across the ICO. If you invested BTC at $700 you still hold that value. Live coins can fluctuate and once KMD is live it will match the invested worth of KMD to BitCoin. Would you sell your KMD you got with BitCoin for Half? No! So neither would anyone else lol...

no...thats not correct...in past when i dont had invest in KMD directly with BTC  but invested 33 BTC in BTCD and wait until now...then i will get the double amount...thats not fair

The BTCD swap is fair. You are invested in BTCD it just gave you a good position in KMD. It is like a Stock split because even with all the BTCD it is only a small fraction of KMD. Considering BTCD are now no longer able to get Market activity since most if not all of the BTCD will be swapped and there are no devs in BTCD. It is like paying it forward to BTCD. Approx 1.3 Million BTCD and it will be interesting to see how much makes it in to the swap too.