Quote from: Mivexil on February 08, 2014, 10:02:19 AM

Quote from: jsteelbeam on February 08, 2014, 09:02:47 AM

Quote from: gutshot5820 on February 08, 2014, 01:45:33 AM

There is nothing wrong with making a suggestion here or there, in the end the devs are going to do what they feel is best regardless of anybody's suggestion or comments. People have been making donations on here for various purposes, how much have you donated?

To compare KDC to Dogecoin is ridiculous. The investment dynamics of both coins are vastly different. The community support for Klondike has been fantastic already. If anything, the lesson to be learned here is that when a coin is on a three year path to maturity, we should expect a different type of return on our investment. People are expecting KDC to climb to $1-2 at any time. What I'm suggesting is that it's not going to happen to KDC in the way people are expecting because of the 3 yr path and the supply/demand dynamics. We have already had many attempted and failed attacks at higher prices in spite of incredible community support.

That suggests to me that there is way too much supply and dilution in the early stages of this coin. In 99% of the coins out there, you would be correct that the size of the community and marketing is the most important factor. KDC is the outlier. The vast rate of dilution before the first halving up to the second/third halving, makes the ability of the immediate price of KDC to rise steadily very difficult (not impossible). It does have a very severe impact on the pricing of KDC in the initial stages compared to other coins. KDC is very unique this way. You can choose to ignore it if you want, but thats not going to stop 110,000 KDC's being mined every day and then dumped into the market until the first halving. As I said before, for comparison CATcoin has only 7.200 coins being added daily.

I totally agree with this. The downward pressure on the price is HUGE for the near term. As an investor, I'm not buying until the 0.00000400 range. Too many coins hitting the market.

If it hits 0.000004, it would mean that the coin is very dead with 21M market supply. And even with the price going fairly consistently down over the course of the last weeks, it's still far from it.

I respectfully disagree with the conclusion that if KDC hits 0.00004 that it is dead. Correct me if I'm wrong, but KDC was trading around 0.00030 recently, so the descent to the current price is in line with my projections due to supply of coins hitting the market.

Yes, the total market supply is what is attractive to this coin and why I plan to invest heavily; however, the real value of the supply won't be realized until the reward is "halved" several times. Unfortunately, this won't occur for 6 months to 1 year (which is many lifetimes in the Alt Coin world). I'm assuming that many miners who are not "true believers" are looking for short-term gains and not in it for the long-haul. They will mine and dump at will. Without sufficient buying support from the "true believers" the price will inevitably drop to my projection until the demand outstrips the supply.

Long-term, I am very bullish on the prospects of KDC, but in the short-term buying KDC at 0.000085+ is foolish, since you can probably wait and double your KDC holdings if you buy later spending the same amount of BTC. If I'm wrong, so be it, but so far I don't see any evidence to the contrary.

EDIT: My price projection was off by a decimal place (which I admit is huge). I corrected my target price to 0.00004. I apologize.