Topic: [ANN][WKC] WANKCOIN - Shop Anonymously, Accepted at over 100+ HD sites! - page 45. (Read 175376 times)

When you say generate interest you are referring to some kind of proof of stake concept I assume (Or proof of strength)

Lets not forget they are giving away 1.6Jigfaps (lol) - as they put it... you can 'mine' Wank by choking the one eyed snake... (or ladies can be DJs lol) so they have to balance that idea - adding Proof of stake while giving it away for wanking could be a little too much load depending on the influx of users.

You have some pretty interesting ideas and I understand they are borne from a fear of miners dumping - one of the real issues you raised is a possible 51% - but counter measures can be taken to assist in this process as well. (This is something I already thought of and raised to them as we were 95% of the pool when we stepped in) Ultimately it can me remedied though.

Right now they are very engaged in speaking with the community on where their focus needs to be and that is a LOT more than I can say for other devs! just keep the good ideas rolling.

BTC isnt WKC ...
for me BTC is a totally inflexible coin, in my eyes it has huge holes ...
Swiss-cheese and nothing will be changed in the future ...
and for the price... basically BTC going to FIAT (yes I agree with you - influx)
- adding BTC on big sites ... (spending BTC ... buying crap for it) ...
- summer (needed money for holiday-vacation)
- time after summer - short period (needed money after holiday vacation)
- mining equipment to stay on the ball
after that it will go again up... if not something other happens (no demand ... , some really bad news or whatever) and the coin collapses
but this probably will not happen , but who knows ...

WKC on the other side could be done better ... and why not do things better if you can?

they would not really curb the supply and destroy the circulation if it would be possible
to give miner 25 coins/10min... as it is now
but also give holder 25 coins/10min ...
if the coin fork ...same ... 12.5 miner 12.5 holder ...
never got a answer on this question... if it is possible to create such system

other good side is that you have 50%-50% always so no danger for a 51% attack
and the whole network would be more stable ...
I'm not really a alt coin tech expert ... so

but why should coin holder not receive also few coins ...
they stabilize the price ...
you have the same supply (in some way) and demand ...
but 50% less dumped coins on the market ...

even... let say 3500 coins dropped by miner are still 60 membership/day...
and if the demand goes up ... you just set the price from 59 coin to ... 30 coin
already have write some stuff (splinting coins , foundation-bank) but no one gave some input
also a good point for the foundation would be to hold a % in FIAT money ... if something badly happens
not to have a total loss ... (some basket...  to hedge)

however ... will wait for the white paper ...
(and I didn't want to write it that way ... think tank sounds for the most like a job ...
hoping that someone will add few lines of text and throw few ideas , my mistake)
 

I'm not really interested to push to fast a white paper for many reasons...
but a lot of people feel uncomfortable ... so good ... make it happen if already planed even better

could you only put a not officially (first page) white paper ...
let say 1 week or few days earlier, so we can see in what direction it will go
and maybe if possible... give some input if needed and wished ...

no one wants a white paper that will be changed every 10 days  or
some general blab white paper (like many have)
 

When they are ready to launch you will know...

Are they planning to list on Cryptsy soon?  I'd like to buy some but I'm tired of opening accounts all over the place chasing new coins.   Would be funny to see wankcoin on a major exchange.  They'd surely have to list ShitCoin then.  lol.

bro... they have a marketing budget... All about timing.... Pretty sure they will come up with some funny shit as well tbh

the video which showed 1.6 Jigafaps of power made me lol (That was pretty original)

Hahahaa.  Man, can you imagine if wankcoin had a marketing budget?  The fun you could have making ads and videos?  lol...

All I know is that the hot red head in this video is quite motivated.  If someone as talented as her believes in wankcoin, then that's all I need.

http://www.wankcoin.com/   

I say get as much as you can now and WANK ON wankcoiners!

I only see selling....

Buying.....

+1

What purpose does the coin serve - who is the development team behind the coin - are they actively working with the community for the overall betterment of the coin - is there a new innovation in the creation of this coin - will it be advertised or marketed.

Wankcoin makes love to every one of these points.

Don't be the guy that dumps at 3$ lol (Or ill be the guy who buys and says thank you)

The price may be going down everyday cause they're all going down.  Even BTC and LTC. Only a few pumped coins are going up so buy if you believe in your favorite coins.

I feel like idiot too.
I hold WKC coins hoping that is good investition.
But price everyday go down.
We need to know plans for future of this coin.

WankCoin.  WankCoin.

I keep saying that and I still can't believe how well this coin has done, all things considered.  lol.

Thanks for the love over at Cryptofolio too!

http://www.cryptofolio.info/welcome/vote

We have a good lead now, but we definitely need the support to continue. 

This is the kind of pro-active dev team a successful coin needs - love it.  +1

It's funny you guys have started talking about a white paper - we actually started talking about this idea just last week and it is something we'll be working on.

There are a couple priority items I am still working on to help get the exchange in place, once I am done with that, I will move my attention to writing the paper, and give you guys some sort of timeline as to how it is coming.

Thanks for all the support and suggestions everyone, we appreciate it!

It's going to be difficult to ask the Dev of any coin to mitigate the mining/dumping of any coin *Even Bitcoin suffers from this* / e.g. look at the 1.6M payment on bitpay which recently was used in the acquisition of a house, the BTC was then immediately converted to USD and caused the price to dip from 570 to 555$ (Coupled with Dell insta selling their BTC for USD) meanwhile the community cries not understanding that the downward pressure caused due to the influx of BTC in the system causes the price to dip..

It would be a little less nebulous if you said - WKC TEAM!! LETS CREATE A THINK TANK AND SOLVE THE MINE/DUMP DILEMMA THIS COIN WILL FACE DURING ITS INFANCY. At least then they have a target to aim at - You have already suggested some interesting solutions. You aren't the only person who is heavily invested/speculating on WKC - trust me.

On one hand they can't curb the supply because they want the WKC to be in circulation - on the other they have to tread carefully because they are dealing with real human emotions and people - not some code or algorithm.

My standing offer still stands Scooby/Gregg - let Phil know that if the think tank flops I am here just PM me.

Valid comments by bla_bla again

We do need some kinda road map and white paper becauase I feel like a speculator rather than an invester aswell. Dev team do deliver on what they say its just we would like to see more of the plans and timelines 

yes you are right (passionate ravings of a savage) , take a look at my nick ,
knew it will be a pain to bring some movement and that it will take a lot of blabbing.
 

Its simple , they (WKC team) didn't know from the start what to do
so its a step to step project  ...
or did you find a white paper somewhere?

now let us talk about the future price 1$ 10$ or 1000$ ... NOT

lets talk a little about the supply and demand issue
how would you fix it?

you have miner ...
mining ~ 7200 coin/day (every 10min*50coin) and dropping-selling
1 monthly membership (15$) for 59 coin (0.00043 BTC/coin)...
so you need to sell 120 membership/day to hold the price at now 0.00008 BTC (now 0.00006 @Allcoin)
even with a fiat-exchange it will be difficult to see higher price...

please don't forget the poor coin holder ... what to do with the lunatic that believe-trust in WKC (like me)
why would they still hold the coin if the price goes only down...
and don't forget the investor (not speculator) ... why would they invest money in WKC (like me)

I'm excited to hear your solution... so that everyone will be happy at the end
please do it Systematically ... lay our your ideas in a designed way ...
thank you
(and rich list was important(maybe not for you) ... Scooby did a great job, like always he delivers)...

lets talk about important issues .. (right now important)
not some 10000000$/coin when the coin is now worth almost nothing ...
I could blab all day long... and on the end... nothing
--------------------------------------------------------

... just realized that I'm really a complete idiot
thinking the whole time that I'm a investor but because I don't know what are the future plans (no white paper)
I have to be a speculator (or the biggest wanker on this planet) ...

stopped all my buying  till someone comes with a white paper ...
complete concept explained in the smallest details with dates
and convince me to invest-spend my hard earned money

have now coins not for a lifetime membership but enough for my grandchildren
spend enough time and energy (& few thousand $) ...

will watch how this will evolve ...
if I like what I see-read maybe drop few $

till then ...
someone is watching you