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Topic: WDC price speculation thread (Read 1118 times)

legendary
Activity: 1118
Merit: 1004
May 22, 2013, 12:14:49 PM
#22
i'll throw one. WDC is on a fence, fail or win. The first thing is to update how the difficulty changes right now, most people now know the "get difficulty" thing. When people see a new-born with low difficulty they are switching, making a quick buck, then searching for the next. WDC has to implement something like Bitgem's per block difficulty or maybe every 50 blocks, that way it stays competitive on the mining side of things, or else fail like feather coin and CNC. More services need to be offered that make it worthwhile for people even cpu mining to spend an our or two mining so they can pay for something small. WDC has to become "elastic" to miners demends and traders demands.

I wonder what the WDC dev(s) think about your idea. Hopefully it will be seen.
legendary
Activity: 882
Merit: 1000
May 22, 2013, 11:45:50 AM
#21
 i'll throw one. WDC is on a fence, fail or win. The first thing is to update how the difficulty changes right now, most people now know the "get difficulty" thing. When people see a new-born with low difficulty they are switching, making a quick buck, then searching for the next. WDC has to implement something like Bitgem's per block difficulty or maybe every 50 blocks, that way it stays competitive on the mining side of things, or else fail like feather coin and CNC. More services need to be offered that make it worthwhile for people even cpu mining to spend an our or two mining so they can pay for something small. WDC has to become "elastic" to miners demends and traders demands.
hero member
Activity: 840
Merit: 1000
May 22, 2013, 11:11:51 AM
#20
Even though Litecoin wasn't the first to scrypt it was the first with a proper launch.

So sure, the devs didn't innovate on a technical level but they brought the first scrypt coin with actual staying power, I think that is huge. For all we know, if Litecoin never took off we'd be stuck with more SHA-256 coins.

None of these other coins really stand to make the same impact, except maybe YAC but it had a terrible launch and I'm expecting something to replace it eventually.
hero member
Activity: 574
Merit: 500
May 22, 2013, 11:03:05 AM
#19
What would be the possible scenario if the blockchain of WDC separate into two?
mnx
newbie
Activity: 51
Merit: 0
May 22, 2013, 10:55:45 AM
#18
I dumped most of my coins @ 0.0157 BTC and I won't mine it any more... So I speculate that the price won't rise...

What are you mining now then?
sr. member
Activity: 518
Merit: 250
May 22, 2013, 10:50:51 AM
#17
I dumped most of my coins @ 0.0157 BTC and I won't mine it any more... So I speculate that the price won't rise...
legendary
Activity: 1118
Merit: 1004
May 22, 2013, 10:46:46 AM
#16

With that said: Scrypt was - and still is - pretty significant.


The addition of scrypt was huge - and considering all these other coins are basing their code off the Litecoin codebase and not Bitcoin I think that speaks for itself...

Scrypt is not Litecoin's innovation. Check here: https://bitcointalksearch.org/topic/announce-tenebrix-a-cpu-friendly-gpu-hostile-cryptocurrency-45667 to see the coin that originally implemented Scrypt (a programmer named ArtForz did it) -
legendary
Activity: 1344
Merit: 1001
May 22, 2013, 10:44:49 AM
#15
0.000000


Other than "It's faster than LTC!!!" does this coin actually bring any interesting and worthwhile changes to the table? If not, I see no reason it should be worth any more than any other copy-and-paste altchain.

Which interesting and worthwhile change did LTC bring to the table?

The addition of scrypt was huge - and considering all these other coins are basing their code off the Litecoin codebase and not Bitcoin I think that speaks for itself...

Stop parroting things you've read off the forum. Litecoin wasn't the first crypto to use Scrypt. Not by a long shot.

LTC didn't bring any worthwhile changes to the table. I hold >100K LTC and I still say this.
full member
Activity: 335
Merit: 100
May 22, 2013, 10:39:18 AM
#14
0.000000


Other than "It's faster than LTC!!!" does this coin actually bring any interesting and worthwhile changes to the table? If not, I see no reason it should be worth any more than any other copy-and-paste altchain.

Which interesting and worthwhile change did LTC bring to the table?

The addition of scrypt was huge - and considering all these other coins are basing their code off the Litecoin codebase and not Bitcoin I think that speaks for itself...

they use scrypt because they dont want their crapcoin to be 51%asic'd before the pump&dump finished...
full member
Activity: 237
Merit: 100
May 22, 2013, 10:33:55 AM
#13
WDC would be useful if there was a use other than trading on an exchange in hopes of profiting.  Services will drive a coins overall longevity.  WDC has very little going on for it as is, and I haven't heard of much to be excited about besides the hopes of dreamers.
hero member
Activity: 840
Merit: 1000
May 22, 2013, 10:32:15 AM
#12
0.000000


Other than "It's faster than LTC!!!" does this coin actually bring any interesting and worthwhile changes to the table? If not, I see no reason it should be worth any more than any other copy-and-paste altchain.

Which interesting and worthwhile change did LTC bring to the table?

The addition of scrypt was huge - and considering all these other coins are basing their code off the Litecoin codebase and not Bitcoin I think that speaks for itself...
sr. member
Activity: 271
Merit: 250
May 22, 2013, 10:26:56 AM
#11
0.000000


Other than "It's faster than LTC!!!" does this coin actually bring any interesting and worthwhile changes to the table? If not, I see no reason it should be worth any more than any other copy-and-paste altchain.

Which interesting and worthwhile change did LTC bring to the table?

I'm hardly here to defend LTC, merely to state that there's little separating WDC from the Sea Of Crapcoins.


With that said: Scrypt was - and still is - pretty significant.
rlh
hero member
Activity: 804
Merit: 1004
May 22, 2013, 10:24:52 AM
#10
15 second block times isn't innovation.  I don't own WDC but 15 seconds really is problematic when considering the point of a crypto-currency.  Transactions need to circle the globe, be distributed across the network and "vetted" by a reasonable number of confirmations.

As an early coin with a bunch of miners running on it, things probably appear fine.  However, in the long term, I don't see how this coin can sustain any real worth if it's going to see a significant increase in usage and traffic.

My recommendation is to watch it for profitability and auto-dump it at an exchange.  Markets are hard to predict because communities can sometimes form around the oddest of things.  Still, I think this one will have a tough time sustaining support, which will most certainly affect it's price.

I motion to SELL.
sr. member
Activity: 616
Merit: 300
May 22, 2013, 10:23:07 AM
#9
I dumped all mine at 0.00210 Cheesy the min it hit the exchange
hero member
Activity: 910
Merit: 1002
May 22, 2013, 10:21:01 AM
#8
Hahaha, troll box
hero member
Activity: 756
Merit: 500
May 22, 2013, 10:20:30 AM
#7
Well, I'm keeping mine as I think it's going to go up eventually.
legendary
Activity: 1118
Merit: 1004
May 22, 2013, 10:19:29 AM
#6
0.000000


Other than "It's faster than LTC!!!" does this coin actually bring any interesting and worthwhile changes to the table? If not, I see no reason it should be worth any more than any other copy-and-paste altchain.

Which interesting and worthwhile change did LTC bring to the table?
sr. member
Activity: 271
Merit: 250
May 22, 2013, 10:18:20 AM
#5
0.000000


Other than "It's faster than LTC!!!" does this coin actually bring any interesting and worthwhile changes to the table? If not, I see no reason it should be worth any more than any other copy-and-paste altchain.
full member
Activity: 196
Merit: 100
May 22, 2013, 10:16:46 AM
#4
Honestly, I expected it to be higher. Much higher actually around 0.002.


people said same thing to YAC and CNC
sr. member
Activity: 415
Merit: 250
May 22, 2013, 10:16:29 AM
#3
Same here!
Right now it's mainly used as a mine->dump->buy-something-else coin.
That's a shame, considering the nice tech and dev support behind this coin. Still hoping it'll go up eventually, but I don't dare to speculate anymore Wink
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