Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [KTK] KryptKoin | 7% PoS | Multipool | 02/08 V1.5.5.0 Released
by
LordPiccolo
on 05/09/2014, 07:18:06 UTC
Why is Krypt so cheap? Only 140 SATS!!! It looks like at least 4k right now. When market is released it could hit big. Any marketplace ETA? Or weeks, months ETA?

Last he said was a few weeks. The biggest problem with price is people dont really invest in coins they gamble on them. Therefore they go coin to coin and if it doesnt promise a quick return (few days) then they move on. They all want get rich quick. Once people get fed up losing money they will start looking for coins that might be slow but they are steady and will continue to develop the coin.

Again, I've been trying to find out exactly what these sorts of coins are, but nobody really is that helpful.  I listened to advise on Intellicoin forum page to look into Krypt, which got me here.  However, I need more coins than just this one to invest in.  If someone has useful suggestions that aren't just social engineering attempts, please PM me.  Thanks in advance.

Also, this KryptKoin still minable?  If so, which mining pools?

Well I was trying not to name too many coins when 2 of them are my own. But since you asked. Fireocin. I took over after last developer ditched. I took over and there are some interesting things we are doing. Trader coin It is meant to be a community coin. It is only 2.5 weeks old. You will have to buy into the belief the community is ready to run a real coin and not have it revolve around a single developer. Global denomination they have kept chugging along no matter how low the price goes. They have an auction site and usb wallets. My coins threads are in my Signature and GDN's you can find by searching. I tend to avoid coins that promise the world at the beginning because this normally means the developer wants to make his money quick and leave.

I personally have KTK, a few NETcoin, a few Firecoin, a few voot now it's been taken over and some ABC.

If you're looking for an old skool coin then NETcoin has been around since the dawn of time, price is low but it's still going and has just gone POS.

What I would say is, try not to follow other peoples thoughts on coins, we have been unfortunate recently with all the scam coins around, but I believe the clustercoin fiasco helped calm down the new scams

KTK was a free distribution but you can mine on the multipool - http://www.kryptkoinpool.com/ very eat to set up.

Thank you!  So how long is PoW stage then?

There was no POW stage, it was a free distribution to members of bitcointalk who signed up, completely fair and transparent. Dev only got one share too. I believe there was so filtering done on initial distribution to stop same I.P's getting more than one share.

500 different people got 30,000 KTK and then people who help coins in there wallets for a certain period of time got extra KTK. A few people have been buying up at this price. It is rather cheap right now, but I'm not concerned about the price as I am a supporter of the coin Smiley