Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SCRYPT] Klondike Coin, Join the Goldrush! ★Kimotos Gravity★ [Exchange]
by
gutshot5820
on 30/01/2014, 03:48:01 UTC
seems devs should care more about marketing and markets not just creating 'toys' for the coin or its gonna die soon.

You have to be kidding me?  When I see comments like this, I know the coin is absolutely at the ground floor.  Take a look at any coin that succeeded and there has always been a stage where there was extreme dumping and complaining and end of the world statements.  Look at Dogecoin and Kitteh as two examples, both had a low point where people were dumping and cursing and screaming.  That is when you absolutely know it hit the bottom.  I love it when I see comments like these.  Im just waiting for more negative sentiment to flow so I can transfer my bitcoins and scoop up as many as I can slowly so as not to raise the price. The devs on here are doing a tremendous job and I hope more of you come on to complain about the price because all you are doing is making it cheaper for the long term, investors to pile up more KDC's.  This is where I think the psychology of the dumps happens.  All the weak hands start selling and the long term investors start scooping up slowly.  The next time we rise, the weak hands will be eliminated and the price will rise fast because we ate up all the KDC's from weak hands that were dumped at this price.  Ive seen this movie played many many times before.

You bought at the top didn't you?
I know this coin has a lot of potential, I just do not understand why there is barely any buy orders for it atm ... what you say makes sense in theory but in reality its failing ...
again I am HOLDING my KDC, I just hope its not a dire mistake... and its beginning to be so by every passing minute

I bought from 7,000 to 14,000 and 2k at 20 something thousand. So I can dump my coin at anytime and leave without fear of loss.  TBH we were all hoping for a quick rise but I think that was extreme optimism now that I look back.  There were way too many weak hands holding KDC's that were willing to dump at any price, plus when the price skyrocketed we attracted big rigs that were here only for the sole purpose of mining and dumping.  Together with the big rigs and weak hands and people who were trying to be clever and sell and rebuy, there was too much supply all at once and not enough demand.  This is great that the price is so low, Klondike is legit and the devs are doing an awesome job.  Go check any coin you want that had success, I guarantee you every single one had a period where all the weak hands started selling and there were smart investors scooping up at the lowest price they could find.  The good news is, when all this dumping is over, the vast majority of the coins will be in the hands of a select few.  they will hold there coins and smartly release them slowly as they rise making sure there is more demand than supply.  Look at Kitteh forum, it is littered with people demonizing the coin in the beginning and you know what?  There were a few people buying up as many as they could and they cornered the market on the coins.  When it started to rise and was in demand there was none to be sold except from people who had large shares.  And it skyrocketed in four days.  I guarantee you, right now for the past week. We have been buying downwards and a lot of the KDC's have been moving into the hands of long term investors and when it starts to rise again, there will not be enough supply.