Topic: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info - page 69. (Read 759239 times)

Hello, I have send a request to let me translate to spanish 

If want to rise price we need to vote ....

https://hitbtc.com/vote

https://bter.com/voting

+1

those are my concerns also. we don`t have enough interest from crypto traders in this coin. for pushing the price up, it needed miners and daily interest in WC as well not just whales with big money that will just pump to some point they need and dump the money when price is good... if you look at this thread, you can count only few names here... where are those people from the rich list you mentioned? if those addresses are all unique, why those people don`t participate in discussion here?    

Again, from my previous post, i`ll repeat my questions:


- Where are we with the redesign of WhiteCoin site?

- Where are we with the redesign of a new wallet? Logo, new design (some eye-kandy design) and etc..

- Where are we with the marketing, besides WCF registration, and what is the current occupation and the next steps in coming weeks / months?

- What is our general goal referring to the multi pool? What is the cooperation with the Chunky Pool? What is the strategy there?

- What happened with bounties and do we engaged someone and what is currently WIP?

- Is there any strategy besides another coin, anon or privacy that will bring us some volume and better prices?


Cheers
B.

Edit. i`ll repeat those questions till i get answers...

don`t wanna disappoint you but we can`t even have 50 clicks for voting WC @hitbtc

WC    Whitecoin    http://whitecoin.info    107
 
only conclusion is that this community is circulating around few people... or am i wrong 

cheers
B.

I like the different approach

The only problem i see with having WOC being earned off the back of WC by POS is getting any attention from the rest of the crypto community. Without being able to get WOC from other sources I don't think we could get the coin enough exposure.

Which would just make it a coin for WC owners to collect and point at saying 'i have WOC'

It certainly could be part of the distribution method, that you can stake WC for WOC/WC but i think mogonzo is right in saying that having mining involved and for a long term period is something needed to keep it both WC and WOC relevant.

Maybe a truly hybrid coin POW/POS and not just one that switches from POW to POS

Price when mogonzo said buy was 105-106sat at Mintpal!!!

Price now 121-126 on mintpal!!

Everyone wins!!!

I am new here but not to crypto, and I'm still not sure I like WOC either but I don't like the people in this thread telling others to dump so they can get cheap coins!!!!!

Maybe I'm wrong about Whitenotright but I don't think so!!!!

Looks at join date, looks at post count, looks at thread posted in.

Seriously who are you and what other user names on this forum do you go under? This account of yours is clearly a shill account.

I guess I am also part of this so called made up pump dump group as well right? because I also am sceptical of certain things.

I really would like to believe this foundation is legit but I really do have my doubts for now, especially with the amount of shill accounts on this thread just agreeing with the WCF statements and putting anyone down who questions those decisions.

Just out of curiosity who bought more coins and helped pump it to 170+ when mongonzo said buy earlier on last week?  How did that go for you considering I said don't buy on hype. Someone made a nice little profit from that rise, hope you guys done ok out of it as I know a few did including me.

Here are some updates on the language translation progress from https://www.transifex.com/projects/p/whitecoin/:

These look to be completed:

Czech
100%

Dutch
100%

German (Germany)
100%

Russian
100%

Serbian
100%

- - - - - - - -
These are nearly completed:

Polish
94%
29 - strings to translate

Afrikaans (South Africa)
91%
44 - strings to translate

Chinese
91%
45 - strings to translate

That was based on the latest talk having WC stakes + bonus WOC staked. I don't promote selling as such, I promote -using- the coin. For trading, for goods, for games, for betting, for anything that gets WC moving. Dumping is not what we want, but what's inevitable on the way up. Most coins are in the community or in investors, many dying to get out for minimum loss, no doubt. Traders have little to no interest in WC at the moment. That's what I observe.

I really don't try to be negative here, I just want to create some awareness of what we're up against. I still see great potential in WC if we play our cards right. I like the discussions here about new features, new innovations and I jump in where I think I can contribute, although my time and resources are scarce. Sometimes maybe we get stuck too long in community decisions, but I like the track we're on, save the few frustrations along the way.

I must have missed the promotion and rewarding of holding.  Are you willing to promote selling?  Isn't that what we've kinda been saying though, we don't want people dumping

I don't see how putting the WC from the wallet back to the exchange helps anything, other than those not doing it, and getting more staking.  I do not know the coin distribution other than what is on http://www.richlist.eu/whitecoin, and having watched that for some time, the distribution seems to have spread out pretty well.

There is definitely some innovations in the works.  Operation "Whiteout" gets the most attention, but being a true foundation isn't splashy news until we are able to organize and act as a foundation... which will be soon  

Well, I may have painted a dark picture there, yes, but only to trigger/inspire You can only move the price if you move the coins themselves. Therefore I plead for a stop on both promotion and rewarding a holding stance. Get that volume back to 100BTC minimum! Do you agree the coin distribution is currently out of balance?

To gain volume is to have holders take their WC out of staking position and back on them exchanges. And to have innovations and constant updates on the wallet and applications to get the WC-is-back hype going. Let's get #whitecoin trending again

ON a positive note...

We've made it into the top 20 on bter voting 

Looks like this is where the challenge to rise in rank really hits...

https://bter.com/voting

At a snapshot of the current market, Yes.  The question is how much of that 13BTC sell to 200 sat is the same person tring to buy at 80 Sat.  As ditto with the buy on there, while down to 0 may be about 15 BTC, that doesn't mean as the price goes down, spot buys will be placed.  Looking back, when we hit our lowest floor of 77, we somewhat of a nice rally to a real peak of about 170 and over the course of the few day rise, our volume only "kicked up" some to maybe 1% to 2% of total supply.

So I will def agree with an early point, that just some volume alone seems to help us.  But so much of it is still speculation.  I think whats worthy of our time is a conversation about whats next for WC, and how do we motivate and mobilize the community best. 

Looking at Mintpal, there is currently 13BTC needed to get the price at 200sat. That's basically twice the current volume on Mintpal.



The demand is currently at a minimum; any chance surge in price causes small dumps of holders getting a small profit from it, pushing the price back where it was. There's no buy support to sustain a higher price, let alone a steady rise.



There are many holding large bags now, and given the circumstances, there will be lots of dumping when the price is going up. Many won't wait for prices as high as 500sat or even 1000+ sat. Going from 100 to 150 (4.5BTC from here) is a whopping 50% profit that many WC holders are eager to cash in. The distribution of coins is messed up now, and it will take some time to recover from that. We can't avoid those dumps, and it's needed to even out the skewed distribution.

Therefore we need a massive amount of buy support. And there lies the challenge. Let's not let one bagholder feed another bagholder

Hey Pantalaimon, I've heard similar logic in regards to coin holding before, but have yet to see any true economics on it.  As those who want WC buy right now @ 130 Sat, say plan to hold until 1300 Sat.  Every WC that person buys, is essentially removed from the supply at the price of 130 sat.  Lets say then a market force occurs and causes our price to rise from 130 sat to 500 sat (be nice huh lol) How much ever that person is holding at 500 Sat is still off the market until his magic price of 1300.  But each new person buying in at 500 Sat to hold is say planning to hold until (1000 sat) up until 1000 those coins are not in supply.  With such a small increase in coins per year of 2%, the price drives up.  My math and such isn't good, but in general i'm trying to say... for anyone buying to hold for speculation the price is going up, they're removing the coins that could be sold.  If demand was a constant but supply keeps shrinking in this regard, the only nature tendency is for the price to increase.

Bitcoin has an expanding coin supply still, but i've heard this situation described.

Alot of the rest, i'm mixed on.  I'd love to see more adoption and promotion of WC, and I know the volunteer PR team is always accepting volunteers  

 
We need to stimulate WC to more buying and selling. Great new coin features to stimulate buying, and (more) places to spend WC for goods/services to stimulate selling/spening. And focus our promotions on that area. Please stop promoting to hold, don't reward staking/holding any more than the stake itself, the real reward should be in buying and selling(spending). I'm not an expert in the field, I don't really have an idea to accomplish this, but for a community coin with lots of ideas, we can get places, right? Apps, games, whatever to throw WCs at.

[/quote]

1000

Wow, such an articulated position. You hit it right on the money with every point. This is going against the grain here, careful.
+1

The price will never rise if everyone is holding on to their bags, waiting & staking. You can see what is happening with BlackCoin - lots of innovation and news, but everybody is holding on to it expecting huge rise, yet nothing notable happens. It happens with other POS coins too - once it goes POS, people withdraw from exchanges to their own wallets, volume plummets, price follows.

Most of WC holders are in the same boat; waiting for their ROI, many accumulating more while the price is still insanely low; thus more WC moving to bags that won't go anywhere soon. This makes it much harder still to get the price up where it belongs, even with a ton of good news and innovations.

We need to stimulate WC to more buying and selling. Great new coin features to stimulate buying, and (more) places to spend WC for goods/services to stimulate selling/spening. And focus our promotions on that area. Please stop promoting to hold, don't reward staking/holding any more than the stake itself, the real reward should be in buying and selling(spending). I'm not an expert in the field, I don't really have an idea to accomplish this, but for a community coin with lots of ideas, we can get places, right? Apps, games, whatever to throw WCs at.

I'm still no fan of anon (or 'privacy' if you will, same thing diff name), imo it's more (dying) hype than usefulness - and might even bite us in the ass one day. I've followed the discussion for pages about it, but I don't color myself convinced this is the way to go. Maintaining a 'spinoff' coin along with WC seems a hassle, and if it's rewarded by holding WC, I don't see how this will improve the price of WC. And if one takes a blow, the other probably follows. And I don't want to catch myself 'gambling' trading between WC and WOC, risking losing even more than I already did.

my 40 WC (about 2 cents)

I feel like that approach would satisfy what everyone wants out of Whitecoin.

and to Troubled, this has been my only account. I've been here for years. Don't bash an idea because you don't understand it.