Topic: [WDC] Worldcoin | 3.0 Flirtatious Ant Released! | Multicoin architecture - page 109. (Read 442449 times)
May 25, 2013, 11:50:25 AM
Anyone got some addnodes ? I'm trying to put the client on my laptop and I'm getting no connections, despite the port being forwarded.
May 25, 2013, 05:37:50 AM
Vote here for WDC on vircurex: https://bitcointalksearch.org/topic/vircurex-which-of-these-coins-would-you-like-to-see-on-vircurex-215284 (topic by the vircurex owner)
+10 we need a few more votes. If you haven't done so yet, please head to the link above
. 
May 24, 2013, 06:21:34 PM
i`m also holding some.. but that will not rise it's value... people need to use the coins to buy shit!
May 24, 2013, 02:09:17 PM
Why nearly all miners think only about himself with a timeframe of 10 seconds? Don't you see a little longer in the future? If we want this coin to grow we must act as a community, protecting the coin and helping growing it up.
Here is my personal list of things to do to support WDC and help it to not fail (it's our interest, right?):
Let's grow WorldCoin! Don't sell all WDC you're generating! Or if you do set a high price...
Here is my personal list of things to do to support WDC and help it to not fail (it's our interest, right?):
- Don't dump your mined coin immediately, if you're smart and believe in this coin you have to mine and don't waste WDC you generate at lower and lower prices. If we'll work well then, in months, WDC will maybe be exchanged at a much higher value. Then you can begin selling them, not all togheter.
Think about first people who believed in bitcoin and mined more than a bitcoin a day... If they sold them immediately like you're doing now... Miner that had a believe in bitcoin now are nearly rich! - WDC must be used for real world transactions, if this will not be true in the near future the coin will be dead. It must have a real value. Now all people mine and sell WDC for BTC, this is what will get the price to drop. All who can help (developers!) are welcome to build smartphone apps and all kind of software that can help real world operation with this coin.
- Set a donation to pool operator, expecially when it ha 0% fee like worldcoinpool.com (pool operators work much and have expenses.... Who likes to work for nothing???). Donating we are supporting their work
and chances that they continue doing it is higher
Let's grow WorldCoin! Don't sell all WDC you're generating! Or if you do set a high price...
Well, if those miners are willing to dump as soon as they generate, i gladly accept to buy as much as i can
May 24, 2013, 01:40:59 PM
Vote here for WDC on vircurex: https://bitcointalksearch.org/topic/vircurex-which-of-these-coins-would-you-like-to-see-on-vircurex-215284 (topic by the vircurex owner)
May 24, 2013, 01:25:05 PM
Just saying....
WDC has a block time of 15s and a reward of 32. So in 24 hours, 184,320 coins are added.
DGC has a block time of 20s and a reward of 20. So in 24 hours, 86,400 coins are added.
Now DGC had a fair launch. (Block rewards start off lower and slowly rise to the value they are now)
While WDC had a normal launch. (Initial miners get huge rewards)
WDC had a lot more coins when it was at the block that DGC is now.
WDC has a lot more coins right now compared to DGC and it's supply growing much faster than DGC.
Just looking at supply (and future supply) , DGC clearly has the upper advantage.
Only a matter of time until demand catches up.
WDC has a block time of 15s and a reward of 32. So in 24 hours, 184,320 coins are added.
DGC has a block time of 20s and a reward of 20. So in 24 hours, 86,400 coins are added.
Now DGC had a fair launch. (Block rewards start off lower and slowly rise to the value they are now)
While WDC had a normal launch. (Initial miners get huge rewards)
WDC had a lot more coins when it was at the block that DGC is now.
WDC has a lot more coins right now compared to DGC and it's supply growing much faster than DGC.
Just looking at supply (and future supply) , DGC clearly has the upper advantage.
Only a matter of time until demand catches up.
The best part though is WDC still has a higher hash rate, secondly given the fact that it has about 8X more coins it's still more valuable than DGC lol. Whereas given to supply and demand DGC should be about 8X more in price.
Do you see LTC at 1/4 BTC? I guess LTC is also shit then, right?
May 24, 2013, 01:03:24 PM
Why nearly all miners think only about himself with a timeframe of 10 seconds? Don't you see a little longer in the future? If we want this coin to grow we must act as a community, protecting the coin and helping growing it up.
Here is my personal list of things to do to support WDC and help it to not fail (it's our interest, right?):
Let's grow WorldCoin! Don't sell all WDC you're generating! Or if you do set a high price...
Here is my personal list of things to do to support WDC and help it to not fail (it's our interest, right?):
- Don't dump your mined coin immediately, if you're smart and believe in this coin you have to mine and don't waste WDC you generate at lower and lower prices. If we'll work well then, in months, WDC will maybe be exchanged at a much higher value. Then you can begin selling them, not all togheter.
Think about first people who believed in bitcoin and mined more than a bitcoin a day... If they sold them immediately like you're doing now... Miner that had a believe in bitcoin now are nearly rich! - WDC must be used for real world transactions, if this will not be true in the near future the coin will be dead. It must have a real value. Now all people mine and sell WDC for BTC, this is what will get the price to drop. All who can help (developers!) are welcome to build smartphone apps and all kind of software that can help real world operation with this coin.
- Set a donation to pool operator, expecially when it ha 0% fee like worldcoinpool.com (pool operators work much and have expenses.... Who likes to work for nothing???). Donating we are supporting their work
and chances that they continue doing it is higher
Let's grow WorldCoin! Don't sell all WDC you're generating! Or if you do set a high price...
This is great in theory, however Im going to have to break down the reality of what's going on and why it will continue.
~184k WDC are produced every 24 hours, a majority of which are being immediately dumped for whatever the current price is on the exchange. Without enough investor interest to buy up those coins made each day, you will have a continuous fall in price. As the price continues to fall, more and more miners will immediately dump rather than hold onto something losing value.
It's unfortunately a snowball effect from there, Id be very surprised if this coin survived but I do wish it luck.
May 24, 2013, 12:54:01 PM
Why nearly all miners think only about himself with a timeframe of 10 seconds? Don't you see a little longer in the future? If we want this coin to grow we must act as a community, protecting the coin and helping growing it up.
Here is my personal list of things to do to support WDC and help it to not fail (it's our interest, right?):
Let's grow WorldCoin! Don't sell all WDC you're generating! Or if you do set a high price...
Here is my personal list of things to do to support WDC and help it to not fail (it's our interest, right?):
- Don't dump your mined coin immediately, if you're smart and believe in this coin you have to mine and don't waste WDC you generate at lower and lower prices. If we'll work well then, in months, WDC will maybe be exchanged at a much higher value. Then you can begin selling them, not all togheter.
Think about first people who believed in bitcoin and mined more than a bitcoin a day... If they sold them immediately like you're doing now... Miner that had a believe in bitcoin now are nearly rich! - WDC must be used for real world transactions, if this will not be true in the near future the coin will be dead. It must have a real value. Now all people mine and sell WDC for BTC, this is what will get the price to drop. All who can help (developers!) are welcome to build smartphone apps and all kind of software that can help real world operation with this coin.
- Set a donation to pool operator, expecially when it ha 0% fee like worldcoinpool.com (pool operators work much and have expenses.... Who likes to work for nothing???). Donating we are supporting their work
and chances that they continue doing it is higher
Let's grow WorldCoin! Don't sell all WDC you're generating! Or if you do set a high price...
Miners only mine and dump as fast as they can. And world is dominated by monkeys. If only inteligent and proffesional people mine, then you will find that they can wait 2 or 3 month to dump, for a x2 or x3 current market value. But 50% of people is below IQ 100, so, what do you expected?
May 24, 2013, 12:46:20 PM
Guys, go vote in the Vircurex thread in "Alternate cryptocurrencies". They could add WDC.
May 24, 2013, 08:31:44 AM
Why?
Let's say you blah blah blah
Let's say you blah blah blah
Let's say you traded your WDC for a coin that has better chances of growing, and then hold that.
There was this old documentary that showed how a tribe hunted monkeys by putting a chunk of salt in a small hole -- the monkeys would grab the salt and then wouldn't be able to pull the hand out to run away, cos they were too greedy to let go. A lot of these new alts are the same.
+1, great analogy
May 24, 2013, 06:17:46 AM
Why?
Let's say you blah blah blah
Let's say you blah blah blah
Let's say you traded your WDC for a coin that has better chances of growing, and then hold that.
There was this old documentary that showed how a tribe hunted monkeys by putting a chunk of salt in a small hole -- the monkeys would grab the salt and then wouldn't be able to pull the hand out to run away, cos they were too greedy to let go. A lot of these new alts are the same.
May 24, 2013, 06:11:01 AM
Why nearly all miners think only about himself with a timeframe of 10 seconds? Don't you see a little longer in the future? If we want this coin to grow we must act as a community, protecting the coin and helping growing it up.
Here is my personal list of things to do to support WDC and help it to not fail (it's our interest, right?):
Let's grow WorldCoin! Don't sell all WDC you're generating! Or if you do set a high price...
Here is my personal list of things to do to support WDC and help it to not fail (it's our interest, right?):
- Don't dump your mined coin immediately, if you're smart and believe in this coin you have to mine and don't waste WDC you generate at lower and lower prices. If we'll work well then, in months, WDC will maybe be exchanged at a much higher value. Then you can begin selling them, not all togheter.
Think about first people who believed in bitcoin and mined more than a bitcoin a day... If they sold them immediately like you're doing now... Miner that had a believe in bitcoin now are nearly rich! - WDC must be used for real world transactions, if this will not be true in the near future the coin will be dead. It must have a real value. Now all people mine and sell WDC for BTC, this is what will get the price to drop. All who can help (developers!) are welcome to build smartphone apps and all kind of software that can help real world operation with this coin.
- Set a donation to pool operator, expecially when it ha 0% fee like worldcoinpool.com (pool operators work much and have expenses.... Who likes to work for nothing???). Donating we are supporting their work
and chances that they continue doing it is higher
Let's grow WorldCoin! Don't sell all WDC you're generating! Or if you do set a high price...
I think of my own welfare, not the society's. Seems that everyone is dumping, if i don't sell now, i'll lose out. True story.
May 24, 2013, 06:09:26 AM
Why.
Why?Let's say you mine Worldcoin and you have generated so far 1000 WDC. Today they are worth 0.3133 BTC (mcxnow quotation of 0.0003132 BTC) or 39.5 USD (mtgox quotation of 126.15854).
If we all work and believe in this coin tomorrow 1 WDC can be worth, let's say, 0.01 BTC. If that will be the case your 1000 WDC will be equal to 1,261 USD
If the work better they can be worth 0.1 BTC, and you'll have 12,615 USD.
We must work togheter.
You don't seem to understand the concept of pump and dump. If people wanted a mine and hold coin, they'd use an established coin like btc or ltc. World coin adds nothing innovative or established. You are left holding the bag my friend, I recommend you sell. For every one person who makes money on these new alt coins there's at least 10 people too embarrassed to admit they lost money and are left holding the bag.
May 24, 2013, 06:03:30 AM
Why.
Why?Let's say you mine Worldcoin and you have generated so far 1000 WDC. Today they are worth 0.3133 BTC (mcxnow quotation of 0.0003132 BTC) or 39.5 USD (mtgox quotation of 126.15854).
If we all work and believe in this coin tomorrow 1 WDC can be worth, let's say, 0.01 BTC. If that will be the case your 1000 WDC will be equal to 1,261 USD
If the work better they can be worth 0.1 BTC, and you'll have 12,615 USD.
We must work togheter.
May 24, 2013, 05:47:39 AM
May 24, 2013, 05:45:31 AM
Why nearly all miners think only about himself with a timeframe of 10 seconds? Don't you see a little longer in the future? If we want this coin to grow we must act as a community, protecting the coin and helping growing it up.
Here is my personal list of things to do to support WDC and help it to not fail (it's our interest, right?):
Let's grow WorldCoin! Don't sell all WDC you're generating! Or if you do set a high price...
Here is my personal list of things to do to support WDC and help it to not fail (it's our interest, right?):
- Don't dump your mined coin immediately, if you're smart and believe in this coin you have to mine and don't waste WDC you generate at lower and lower prices. If we'll work well then, in months, WDC will maybe be exchanged at a much higher value. Then you can begin selling them, not all togheter.
Think about first people who believed in bitcoin and mined more than a bitcoin a day... If they sold them immediately like you're doing now... Miner that had a believe in bitcoin now are nearly rich! - WDC must be used for real world transactions, if this will not be true in the near future the coin will be dead. It must have a real value. Now all people mine and sell WDC for BTC, this is what will get the price to drop. All who can help (developers!) are welcome to build smartphone apps and all kind of software that can help real world operation with this coin.
- Set a donation to pool operator, expecially when it ha 0% fee like worldcoinpool.com (pool operators work much and have expenses.... Who likes to work for nothing???). Donating we are supporting their work
and chances that they continue doing it is higher
Let's grow WorldCoin! Don't sell all WDC you're generating! Or if you do set a high price...
May 24, 2013, 03:36:17 AM
ignore my last message im all fixed noiw!
May 24, 2013, 02:56:18 AM
Just saying....
WDC has a block time of 15s and a reward of 32. So in 24 hours, 184,320 coins are added.
DGC has a block time of 20s and a reward of 20. So in 24 hours, 86,400 coins are added.
Now DGC had a fair launch. (Block rewards start off lower and slowly rise to the value they are now)
While WDC had a normal launch. (Initial miners get huge rewards)
WDC had a lot more coins when it was at the block that DGC is now.
WDC has a lot more coins right now compared to DGC and it's supply growing much faster than DGC.
Just looking at supply (and future supply) , DGC clearly has the upper advantage.
Only a matter of time until demand catches up.
WDC has a block time of 15s and a reward of 32. So in 24 hours, 184,320 coins are added.
DGC has a block time of 20s and a reward of 20. So in 24 hours, 86,400 coins are added.
Now DGC had a fair launch. (Block rewards start off lower and slowly rise to the value they are now)
While WDC had a normal launch. (Initial miners get huge rewards)
WDC had a lot more coins when it was at the block that DGC is now.
WDC has a lot more coins right now compared to DGC and it's supply growing much faster than DGC.
Just looking at supply (and future supply) , DGC clearly has the upper advantage.
Only a matter of time until demand catches up.
The best part though is WDC still has a higher hash rate, secondly given the fact that it has about 8X more coins it's still more valuable than DGC lol. Whereas given to supply and demand DGC should be about 8X more in price.
That is the best part but give it time. DGC has been steadily rising in Hash rate and WDC seems to not have many more buyers.
This is a very flawed analysis. The number of coins produced varies with difficulty. Check the block chain yourself for WDC, when the difficulty was above 10 the number of coins produced per minute was 90 whereas it was 140 per minute when the difficulty was lower. Go look for yourself.
DGC is a slower version of WDC and hasn't got any advantages over WDC.
May 24, 2013, 02:48:31 AM
Thanks very much will send some WDC your way if I am able to get them back. Your advice worked but now I am trying to get my wallet back. I placed the backup .dat file in the new folder but nothing h appened? 
May 24, 2013, 01:57:17 AM
Need help having major issues with my client!
I randomly restarted my computer and now everytime I try to open my worldcoin client i get an error saying cannot open blkindex.dat. I already tried deleting and reinstalling (hope my dat file still works) but still get the same error. Please help me out not sure why this would randomlly happen
I randomly restarted my computer and now everytime I try to open my worldcoin client i get an error saying cannot open blkindex.dat. I already tried deleting and reinstalling (hope my dat file still works) but still get the same error. Please help me out not sure why this would randomlly happen
By "deleting and reinstalling", you mean the wallet program itself, right? Try deleting blkindex.dat from the wallet data folder, which will likely be located at:
C:\Users\[YOUR USERNAME]\AppData\Roaming\Worldcoin\
You may want to backup the wallet.dat in that folder first.
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