Hey everyone:
Some thoughts from a Whitecoin investor.
I've been purchasing WC ever since the crisis began and the price started crashing, because I fell in love with the story of the community effort that rallied together and worked together to successfully raise from the ashes a coin that had plenty reason to die - but for the community that rallied behind it. I still love that story even as WC sits at below 100 sats, and it is because of the continued effort and goodwill of the community that I continue to buy WC on a daily basis at what I believe to be a bargain price. Even if the coin falls to below 50 sats, I will consider it an even better bargain and continue buying. I hold most of my WC in my wallet, and for the past couple of weeks I've enjoyed watching it stake again and again.
I am completely unconcerned about the price bottoming out because I am into WC for the long term. In fact, I'm thrilled at the opportunity to continue to buy in to this community effort ... this fabulous story that resonates with me as an embodiment of the very same qualities that made me fall in love with cryptos in the first place, the idea that the people of the world can wrest control of our economies from the corporate conglomerate banking system that by all effects has plunged our world into perpetual war and underwritten the toxification of every aspect of our planet's eco-system - our air, water and food supply. Some may think this is a bit of a stretch, but forgive me for seeing in WC a microcosm of a much bigger drama being played out. WC is the only coin out there that I've seen embody this ... which is why as the price of WC falls, I've sold my other positions and am going all in. At the risk of waxing a bit too poetic, there really is something to believe in here.
It seems that with the price of WC so low and with WC, arguably, well-removed from the spotlight - along with a new logo on the horizon - the coin is, more than ever before, at the Reset stage. Therefore, I think now may be the perfect time to address something that I think is, at the very least, worth addressing. I bring this up because I want to be in for the long, long term. Cryptos, in general, I feel, are a long way from mainstream acceptance and use ... but when that day eventually arrives ... and I am confident that it will ... I hope WC is right there with the best of the coins.
What I'd like to address is the name: Whitecoin
For those outside of the crypto world, those who might be entering for the first time ... those who will probably not know about the blackcoin/whitecoin story and the story of the absentee dev, along with the resurrection of WC ... the name Whitecoin carries with it inescapable connotations of race. We can see examples of this every time someone throws in the phrase "white power" into the discussion, albeit tongue-in-cheek. Although I love the WC story and the community behind it, I have reservations suggesting WC to someone outside of the crypto communities ... newcomers to whom I'd give investment suggestions ... because even saying "Whitecoin" out loud sounds ... alienating ... disenfranchising.
I know that WC was never meant to harbor these subtleties, but I believe the fact remains that this undertone is inescapable ... and for a coin that I'd love to see rise to the top of mainstream acceptance, that's a pretty heavy barrier to break through. Not impossible, certainly ... but a heavy-laden barrier, nonetheless.
Additionally, WC deserves to break free from its association with Blackcoin.
I could very well be completely wrong about this and may be opening a can of worms that only adds additional difficulty at this time. If so, let this comment be buried and forgotten. If not, perhaps there is an easy solution. Perhaps a name change that incorporates the "W" might have support. Perhaps "W Coin". Or perhaps "Webcoin" (although there already exists a Webcoin that seems to have died in 2012).
Anyway, just some thoughts, for what they're worth.
I am pleased to provide you with my virgin post. Yes, I am so very noob, but have been trading coins for several months. As a critical investor and trader in this stuff, I always look to those rare opportunities to make a lot of wealth. I have held my White for a long time and continue to carry more. It's not the only coin, but it appears to have the qualities I look for, chiefly marketability. Which is the primary reason for my post. I think the color of white you are looking for currently is used by apple. You may also want to think about simple design and relief and emboss. Apple will be taking on virtual currencies and what better way to position your coin to have that look and feel. Just my thoughts. I know this may not apply to you directly, so only know I am using your thread to communicate from your topic. I think the community is doing fine work and hope it continues.
-f
