I have no idea why WDC is trading low. The coin is fine, great community on their forums, I would almost say a bit of bad luck.
The WDC trade on Cryptsy is very low compared to DGC, and not much better on Bter. WDC has a much higher volume in circulation due to it's faster block rate and larger coins per block
WDC 80055 blocks x 32coins = 2.56mill
DGC 41066 block x 20coins = 0.821mill
So it might be just oversupply, but most of the other alts have way more than 2.56mill coins too. If I were the WDC devs I would have made it only 5 coins per block at the most 10.
Topic: WDC tanks while DGC rises - page 2. (Read 1559 times)
A coin needs financial backing early on. In the case of DGC, it seems that one or more backers with deep pockets are willing to keep the price stable.
Does not seem to be the case with WDC. Nobody is willing to put up buy walls so the price just falls and falls and falls
Does not seem to be the case with WDC. Nobody is willing to put up buy walls so the price just falls and falls and falls
wdc went down pretty hard. It needs some solid BTC crash to recover a bit.
because it's the fuuutuuuureeeeeeee
Because it's newer....
what did i miss? why is DGC doing so well now?
new flavor of the day or week. Pump the shit out of it to dump it.
Same old song for every coin it seems.
leave the rest holding the bag.
what did i miss? why is DGC doing so well now?
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