Quote from: jackdminer on March 03, 2014, 05:47:22 PM

Quote from: placebo on March 03, 2014, 05:09:57 PM

Jackdminer,

You have a point, but then again you also don't have a point. It all based on supply and demand, we reduce the supply, but we didn't increase the demand. We are now in process to increase demand by adding new websites that allow Klondike coin as a payment method. Klondike coin will have some hard moments, maybe several weeks, but the pipeline is really impressive, and there are a lot of coins were you now earn only $5 per day, really a lot of them. So moving to another point is not really a smart option, as we have reduce the speed of new coins added, other coins didn't, so if the bear market finished then Klondike coin should be in a better position.

A reduction in BLOCK REWARD does not reduce existing supply, it only reduces the future growth of supply they are not the same thing.

Its great that more merchants accept KDC. Its great that there is more than one exchange to trade KDC. However if the merchants and exchanges accept/trade other currencies what drives demand to acquire KDC other then speculation?

Example:
If my local hardware store accepted KDC as payment along with BTC and USD, as a non miner or holder of KDC I would choose the most economical form of payment to me which will always be the method without the real and opportunity cost associated with exchanging coin/currency x for KDC.

KDC as a form of payment alone does not drive new resources to KDC.

No crypto coin can survive the death of its network hash. No one will provide hashing power for less then market rates for long.

Not to be a hater, but we clearly have someone that either missed out on buying KDC, or just wants to buy even more KDC at low panic prices

.

Im not saying that you are wrong, but you recently registered and you have only been posting in this thread... Posts like these cause additional panic after ,i.e., a failed but recovered fork.

azurex

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