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Topic: [ANN] WorldCoin WDC on official exchange (Read 1596 times)

full member
Activity: 182
Merit: 100
May 20, 2013, 03:28:07 AM
#24
It took Litecoin and bitcoin along time to achieve their prices. Idk why you expect WDC to do it in 5 days, so much coins have crashed and burned after seeing high prices. If worldcoin will survive perhaps you'll see the price that you think it deserves
hero member
Activity: 728
Merit: 500
Here is the explanation of the low price.

if it had launched on BTC-e the price would have started out high because a ton of people have BTC on there just waiting sitting on BTC looking for the next big investment.
on mcxNOW there theres is very little BTC compared to BTC-e. It also takes ~2 minutes for 10 worldcoin confirms on mcxNOW but BTC takes 30mins-1 hour.
so price is automaticly lmited, give it time, once more BTC gets to mcxNOW the price will automatically rise. Everyone is expecting atleast 0.01 and I don't plan on selling for any less, there are alot of people thinking the same.

Here is another explanation of the low price. (because bold text makes it look more impressive)

WorldCoin is yet another altcoin in a forest of many. While it does have an advantage over some competitors (fast block-generation, but it's debatable if that's secure enough), it doesn't really set it apart from the rest. In fact, the more altcoins there are, the less likely it is for a specific one to succeed as they will have to compete over public interest, merchant acceptance, etc... Finally, most of the people holding the coin are miners that have probably mined several other altcoins and are in it for the profit. The price of WDC will be determined by its mining profitability. If mining WDC gives you more per hour than, say, mining LTC, miners will switch, supply will go up and price will go down. It's a free market and without there being a "WDC economy", the value of the coin will be directly linked to its mining profitability.

Also, "Everyone is expecting atleast 0.01" means that there are a few vocal people that are probably sitting on a decent amount of WDC that are saying to not sell below this value. That's hardly "everybody expecting", it's an attempt to manipulate a free market (with little success). Current prices on mcxNOW are rather close to the prices obtained with forum-trades in the past day.
full member
Activity: 220
Merit: 100
Lol, i can't even register on this website.
full member
Activity: 196
Merit: 100
All these damn sellers are selling out the coin too damn cheap and killing it- No one has any discipline, Why dosent anyone want to make money!! ? Selling should begin at .01, buyers will buy at that, but not when sellers are selling for a quick buck....  no wonder all these alts get killed so quick -

The volume is anemic it doesn't mean much.

Although I must confess I took some quick profit the instant it went live in the 0.002-0.0022 range with a few thousand, that is WAY above where people have been buying on the forums here.
sr. member
Activity: 518
Merit: 250
All these damn sellers are selling out the coin too damn cheap and killing it- No one has any discipline, Why dosent anyone want to make money!! ? Selling should begin at .01, buyers will buy at that, but not when sellers are selling for a quick buck....  no wonder all these alts get killed so quick -

Because the "making money" of one person is the loss of another. Most people learned from the previous coins and
don't want to throw their money away (to you) anymore. So sorry, noone is going to buy new coins for high prices
unless there are services or dealers supporting it.

Exaclty...
237
sr. member
Activity: 264
Merit: 250
All these damn sellers are selling out the coin too damn cheap and killing it- No one has any discipline, Why dosent anyone want to make money!! ? Selling should begin at .01, buyers will buy at that, but not when sellers are selling for a quick buck....  no wonder all these alts get killed so quick -

Because the "making money" of one person is the loss of another. Most people learned from the previous coins and
don't want to throw their money away (to you) anymore. So sorry, noone is going to buy new coins for high prices
unless there are services or dealers supporting it.
sr. member
Activity: 518
Merit: 250
All these damn sellers are selling out the coin too damn cheap and killing it- No one has any discipline, Why dosent anyone want to make money!! ? Selling should begin at .01, buyers will buy at that, but not when sellers are selling for a quick buck....  no wonder all these alts get killed so quick -

Some are happy they made a few more bucks than mining ltc... And some just want to realize the big ponzi-win, just before the cardhouse collapse.
full member
Activity: 154
Merit: 100
Here is the explanation of the low price.

if it had launched on BTC-e the price would have started out high because a ton of people have BTC on there just waiting sitting on BTC looking for the next big investment.
on mcxNOW there theres is very little BTC compared to BTC-e. It also takes ~2 minutes for 10 worldcoin confirms on mcxNOW but BTC takes 30mins-1 hour.
so price is automaticly lmited, give it time, once more BTC gets to mcxNOW the price will automatically rise. Everyone is expecting atleast 0.01 and I don't plan on selling for any less, there are alot of people thinking the same.

Yeah that may be true. Nobody use that exchange and WDC deposit faster than BTC.

I'm keeping my coins, and checking worldcoin website to see if there is any news or something.
newbie
Activity: 28
Merit: 0
All these damn sellers are selling out the coin too damn cheap and killing it- No one has any discipline, Why dosent anyone want to make money!! ? Selling should begin at .01, buyers will buy at that, but not when sellers are selling for a quick buck....  no wonder all these alts get killed so quick -
237
sr. member
Activity: 264
Merit: 250
Beginning high is over, now dumping sets in and it's going into a steady decline until it reaches < 0.001 like all the other before it.
member
Activity: 96
Merit: 10
Here is the explanation of the low price.

if it had launched on BTC-e the price would have started out high because a ton of people have BTC on there just waiting sitting on BTC looking for the next big investment.
on mcxNOW there theres is very little BTC compared to BTC-e. It also takes ~2 minutes for 10 worldcoin confirms on mcxNOW but BTC takes 30mins-1 hour.
so price is automaticly lmited, give it time, once more BTC gets to mcxNOW the price will automatically rise. Everyone is expecting atleast 0.01 and I don't plan on selling for any less, there are alot of people thinking the same.
sr. member
Activity: 840
Merit: 250
Seriously, don't sell less than .02 BTC at first. Look at TRC chart. It peaked at .015 BTC at launch, and it doesn't hold a candle to Worldcoin.
Just look at the infrastructure already, the marketplace and the devs are already developing a thin wallet for Worldcoin (mobile WDC).

http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=trc-btc&market=btc-e
full member
Activity: 220
Merit: 100
Price falling like a rain.

I think this is too early for exchange, it should wait at least 5-6 days...

Anyway i think that price will grow when WDC comes to Bter or BTC-e. I'll wait.
newbie
Activity: 56
Merit: 0
Those who sell chiper gonna cry a lot after...
sr. member
Activity: 361
Merit: 250
Dont sell chiper then 0,01-0.02
full member
Activity: 196
Merit: 100
already being manipulated by those wanting to accumulate

someone clear those fake sells
legendary
Activity: 1596
Merit: 1010
everyone selling below 0.01 btc each, cancel your sell orders

we can make this one of the most profitable coins from the start, if everyone cooperates.
newbie
Activity: 56
Merit: 0
I see that everybody buying WDC like a crazy!
newbie
Activity: 28
Merit: 0
Start selling at .01, dont sell out so cheap -
newbie
Activity: 56
Merit: 0
Great! I gonna buy WDC while it's so cheap there!
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