Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SCRYPT] Klondike Coin, Join the Goldrush! ★Kimotos Gravity★ [Coinedup!]
by
Kheg
on 10/02/2014, 20:19:52 UTC
The only chance we have is to re-launch the coin with a fork.  Advertise it among the KDC community.  It will initially take a nose-dive in Hashing because the profitability will go down so much.  When the price falls people will start scooping them up and guess what?  There will be no sellers because it is too difficult to mine.  Then guess what happens?  The price begins to rise slowly to match the difficulty because there is no supply.  DUH!!

And then what? 

The current bag holders sell off with the new price spike creating a whole new set of bag holders.  A couple months from now we're right back where we are right now with a different set of voices complaining about the very same issues, asking for another fork so they can get their quick fix and sell out to a brand new set of bag holders.

Why don't we just cut the problem off at the knees and ask the dev to fork the block target to a 0 coin payout.  One knee-jerk reaction to fix them all!