Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
RichardT
on 02/01/2018, 00:39:50 UTC
It's hard to watch other coins pump while kmd stays relatively neutral. Its day will come, and those who remained patient and continue to show support for this path blazing technology will be rewarded, handsomely.   Cool
True, the coin that sold for pseudo $1.89 in Nov and was between pseudo $8.90-$12.50 in Dec hasn't moved upwards a bit.  Roll Eyes

people prefer x20 pump and dump and not x3 - x5 stable growth :[

in my opinion stable growth is much better because

1) in the long run the stable growth is a lot bigger most of the times
2) its more reliable for big investments

so remember lucky llama
KMD is reliable for big investments and keeps growing slowly and steady...
and if you find it funny that KMD didnt grow that much compare to other coins, you may not understand some basic stuff

Some people also forget KMD was going for $0.10 in February. We've had about a 100x increase in price this year. I'd say that's already pretty significant.  If KMD did the same thing in 2018, it'll be close to $1000 per coin.  Probably not likely, but if people were to expect the same performance or better, that's about where the price would have to be at end of 2018. Personally, I wouldn't mind a "humble" 5-10x increase in 2018, which is more likely.

Your calculation is wrong. The increase of KMD is calculated in relation to BTC and not to USD. In February BTC was $1000 so that is what made the huge progress. Actually kmd is x7 up and not x100 up since February.

Sure, if you'd rather think in terms of BTC then it's about a 5-7x increase. Not sure what your point is. A lot of people also like to think in terms of USD. So I'm not sure if you can really say that one way is right or wrong.

Like you pointed out, BTC also went up about 14x since February.   To be able to go up 7x against BTC while BTC is going up 14x is pretty impressive.  My point is that KMD price has been up to par with pretty much anything else out there, and some people don't give it enough credit.