Easy: “Furthermore, all KuCoin Bonus moving forward will be given to users in KCS, not dust of other cryptocurrencies traded on the exchange, as voted on by users who completed our survey.” = More KCS, no more others coins.
KallerTobiason 10. July 2018 at 15:27
That’s insane. But also the option to get winnings from pumped Coins is lost. But I think it’s more worth having the KCS than all these shitcoins.
julezjuleson 10. July 2018 at 15:27
This sure increases the value of KCS a lot.
Although an option to chose if you want to be paid in other coins or just KCS would be cool as well (maybe as a following upgrade).
But still, this upcoming upgrade is a big step in the right direction.I am really glad that the team listened to the community feedback and acted so quickly (I just posted this 12 days ago: [https://www.reddit.com/r/kucoin/comments/8ub6ef/dust_collection_feature/](https://www.reddit.com/r/kucoin/comments/8ub6ef/dust_collection_feature/)).
Congratulations to the KuCoin team and I hope this positive community driven development will continue!
CharcolManiaon 10. July 2018 at 15:27
I saw the email and thought this would drive up the price of KCS – and yes it has (so far). I quickly bought some more.
The daily purchasing of KCS, using the accumulated dust from thousands of holders who would otherwise sit on their tiny holdings because they were too small to trade or withdraw, will put constant upwards pressure on the price.
And if some people regularly sell their KCS dividends for other coins, then this will increase the trading volume of the exchange which will benefit KCS holders anyway.
Yep. I’m happy about this.
I’m particularly pleased that Kucoin did this after surveying us.
vanflyon 10. July 2018 at 15:27
The turn around time on this was amazing. Thanks for listening, thanks for taking the option that gave KCS the most added value and most of all THANK YOU FOR ELMINIATING THE DUST PROBLEM.
CaptnDogon 10. July 2018 at 15:27
So, it’s means that you will earn only KCS after the old program is done?
PAloveon 10. July 2018 at 15:27
I’m all for this. I didn’t give a shit about 98% of the coins I was accruing. They’re all shit coins…who wants some dust in shitty projects? Would’ve been nice to select which coins we’re given, but only receiving KCS is fine.
BananaOfMercyon 10. July 2018 at 15:27
What about all the dust collected?
daeg83on 10. July 2018 at 15:27
I think they should include btc/eth. Kucoin shares should almost be an ETF with a bucket of the top 5 or whatever kucoin considers. But getting every single coin traded was messy. This move is like them pumping their coin everyday. Can’t lose too much unless there’s more sells than what kucoin is buying. They just have to retain traders by ADDING MORE TRADING FEATURES (where is the stop loss function). Volume is the only thing that will keep this alive. Push for more trading features.
lirricoon 10. July 2018 at 15:27
this is epic…KCS bubble to the MOON
jujulipsjasonon 10. July 2018 at 15:27
hey guys this is great news! one question what about all the dust we have collected from other coins? will we be able to sweep this all up into its kcs value?
dustbuddiion 10. July 2018 at 15:27
What about the current dust from the current shit coins I got? Can I have the option to convert them into KCS? Similar to how Binance allows you to convert your dust into BNB?
LiveDeadTERRAPINon 10. July 2018 at 15:27
This will be a great plan. I like the idea of allowing the option to choose, but if you fail to see the value of kucoin spending 50% of profits DAILY market buying KCS then you aren’t smart 🙂
Serenity280on 10. July 2018 at 15:27
This sucks. The purpose of KCS was to get a lot of different currencies and then trade them when they rise a lot. Just make a dust –> KCS function instead of this BS.
TabletBankon 10. July 2018 at 15:27
This is a bad move imho.
How many years would it take to get 10% roi?
Anyone else did the calculation?
You get it: KCS bonus never was and never will be profitable!
The only good was that you got dust that sometimes became valuable in a few months and you could make some money with it.
Now that thats gone, its time to sell all my remaining kcs for good.
Easy: “Furthermore, all KuCoin Bonus moving forward will be given to users in KCS, not dust of other cryptocurrencies traded on the exchange, as voted on by users who completed our survey.” = More KCS, no more others coins.
That’s insane. But also the option to get winnings from pumped Coins is lost. But I think it’s more worth having the KCS than all these shitcoins.
This sure increases the value of KCS a lot.
Although an option to chose if you want to be paid in other coins or just KCS would be cool as well (maybe as a following upgrade).
But still, this upcoming upgrade is a big step in the right direction.I am really glad that the team listened to the community feedback and acted so quickly (I just posted this 12 days ago: [https://www.reddit.com/r/kucoin/comments/8ub6ef/dust_collection_feature/](https://www.reddit.com/r/kucoin/comments/8ub6ef/dust_collection_feature/)).
Congratulations to the KuCoin team and I hope this positive community driven development will continue!
I saw the email and thought this would drive up the price of KCS – and yes it has (so far). I quickly bought some more.
The daily purchasing of KCS, using the accumulated dust from thousands of holders who would otherwise sit on their tiny holdings because they were too small to trade or withdraw, will put constant upwards pressure on the price.
And if some people regularly sell their KCS dividends for other coins, then this will increase the trading volume of the exchange which will benefit KCS holders anyway.
Yep. I’m happy about this.
I’m particularly pleased that Kucoin did this after surveying us.
The turn around time on this was amazing. Thanks for listening, thanks for taking the option that gave KCS the most added value and most of all THANK YOU FOR ELMINIATING THE DUST PROBLEM.
So, it’s means that you will earn only KCS after the old program is done?
I’m all for this. I didn’t give a shit about 98% of the coins I was accruing. They’re all shit coins…who wants some dust in shitty projects? Would’ve been nice to select which coins we’re given, but only receiving KCS is fine.
What about all the dust collected?
I think they should include btc/eth. Kucoin shares should almost be an ETF with a bucket of the top 5 or whatever kucoin considers. But getting every single coin traded was messy. This move is like them pumping their coin everyday. Can’t lose too much unless there’s more sells than what kucoin is buying. They just have to retain traders by ADDING MORE TRADING FEATURES (where is the stop loss function). Volume is the only thing that will keep this alive. Push for more trading features.
this is epic…KCS bubble to the MOON
hey guys this is great news! one question what about all the dust we have collected from other coins? will we be able to sweep this all up into its kcs value?
What about the current dust from the current shit coins I got? Can I have the option to convert them into KCS? Similar to how Binance allows you to convert your dust into BNB?
This will be a great plan. I like the idea of allowing the option to choose, but if you fail to see the value of kucoin spending 50% of profits DAILY market buying KCS then you aren’t smart 🙂
This sucks. The purpose of KCS was to get a lot of different currencies and then trade them when they rise a lot. Just make a dust –> KCS function instead of this BS.
This is a bad move imho.
How many years would it take to get 10% roi?
Anyone else did the calculation?
You get it: KCS bonus never was and never will be profitable!
The only good was that you got dust that sometimes became valuable in a few months and you could make some money with it.
Now that thats gone, its time to sell all my remaining kcs for good.