Topic: [WDC] Worldcoin | 3.0 Flirtatious Ant Released! | Multicoin architecture - page 115. (Read 442449 times)
May 21, 2013, 09:17:23 AM
I managed to go from 33 wdc to 55 yesterday by repeatedly buying and selling the same coins over and over again with a 15% profit each time. Twas fun.
May 21, 2013, 04:59:38 AM
yup the price is rising off a 11btc pump
That was quite the dump, went from 0.0014 to 0.0008 in about 30 seconds.
Yeah but when tried to buy at 0.0008 again nobody was selling, and went all the way up to 0.0014 again.
Sellers are much more smarter on mcxNEW than in BTCe
May 21, 2013, 04:12:21 AM
Stable at 0.0012
May 21, 2013, 04:10:12 AM
yup the price is rising off a 11btc pump
That was quite the dump, went from 0.0014 to 0.0008 in about 30 seconds.
May 21, 2013, 03:50:53 AM
I just bought more WDC with the the cheap price. 
whats cheap to you guys and what do you think should be the going rate and expected rate? I will give you an example, atm if you wanted to use Bitcoin for a drive though take away payment, you would have to accept zero confirmations! As you couldn't afford to hold up the line for 10min waiting, even 2.5min of LTC would be impractical. With WDC it suddenly becomes an option. Think about that.
sounds good. now what can I buy with wdc? can I pay a bill with it?
You can buy silver with it than convert that to fiat to pay your bills.
May 21, 2013, 03:50:22 AM
I think WDC will eventually be worth about one USD which will be easy to remember. It should be worth more but all the alts are down compared to where they should be. Here is how they should be valued against BTC.
That table assumes difficulty is irrelevant which is true as roughly the same number of coins will be produced per hour regardless.
It also assumes that scrypt vs sha256d take the same amount of energy to mine, I don't know if that's a good thing to assume and would like some more data on that.
It also neglects good will which is a very important component in the final price.
Food for thought and further discussion anyway.
| Coin | Coins Per Block | Time Per Block (secs) | Coins per Hour | Value vs BTC | $USD |
| BTC | 25 | 600 | 150 | 1 | $122.00 |
| LTC | 50 | 150 | 1200 | 0.125 | $15.25 |
| FTC | 200 | 150 | 4800 | 0.03125 | $3.81 |
| CNC | 88 | 60 | 5280 | 0.028409 | $3.47 |
| WDC | 32 | 15 | 7680 | 0.01953 | $2.38 |
That table assumes difficulty is irrelevant which is true as roughly the same number of coins will be produced per hour regardless.
It also assumes that scrypt vs sha256d take the same amount of energy to mine, I don't know if that's a good thing to assume and would like some more data on that.
It also neglects good will which is a very important component in the final price.
Food for thought and further discussion anyway.
May 21, 2013, 03:47:23 AM
Support the growth of the coin donate 1% of your miner WDC earnings: WPWjPr347jywT3ADfF4Vqq9usq9JecwkVY
Pool Reports --> https://bitcointalksearch.org/topic/worldcoin-pool-report-all-your-wdc-pool-talk-here-206904
Pool Reports --> https://bitcointalksearch.org/topic/worldcoin-pool-report-all-your-wdc-pool-talk-here-206904
May 21, 2013, 03:29:58 AM
yup the price is rising off a 11btc pump
May 21, 2013, 03:28:32 AM
Well, it's going back up.
Yeah, big time pump going on at mcxnow.
May 21, 2013, 03:27:53 AM
Well, it's going back up.
May 21, 2013, 03:20:55 AM
Be reasonable, it's only been out 4 days.
May 21, 2013, 03:16:08 AM
I honestly want worldcoin to succeed and im not just saying that because I have a lil. I'll try and build some goods&services for this coin when the funds start rooling in
May 21, 2013, 03:08:05 AM
oh I need it. as soon as it becomes profitable I mine it and sell it immediately. I'm fine with that. What I'm saying is, if you offer me an infrastructure with it I might be willing to hold on to it for longer. If it appreciates in value the coins I mined n months ago will pay for future bills and product so I'm saving money. It's like the bit coin pizza. If they knew that bitcoin would have an infrastructure they would not be so willing to part with so many bitcoin for a single pizza. IF WDC shows that it can build an infrastructure I won't sell, otherwise I dump away.
not sitting on my butt. too busy mining. besides its a separation of concerns. I'm in the business of mining, not in the business of developing coins. maybe you should talk to the developers and figure out why they are "sitting on their butts".
May 21, 2013, 02:59:37 AM
oh I need it. as soon as it becomes profitable I mine it and sell it immediately. I'm fine with that. What I'm saying is, if you offer me an infrastructure with it I might be willing to hold on to it for longer. If it appreciates in value the coins I mined n months ago will pay for future bills and product so I'm saving money. It's like the bit coin pizza. If they knew that bitcoin would have an infrastructure they would not be so willing to part with so many bitcoin for a single pizza. IF WDC shows that it can build an infrastructure I won't sell, otherwise I dump away.
May 21, 2013, 02:57:45 AM
sounds good. now what can I buy with wdc? can I pay a bill with it?
oh I need it. as soon as it becomes profitable I mine it and sell it immediately. I'm fine with that. What I'm saying is, if you offer me an infrastructure with it I might be willing to hold on to it for longer. If it appreciates in value the coins I mined n months ago will pay for future bills and product so I'm saving money. It's like the bit coin pizza. If they knew that bitcoin would have an infrastructure they would not be so willing to part with so many bitcoin for a single pizza. IF WDC shows that it can build an infrastructure I won't sell, otherwise I dump away.
May 21, 2013, 02:54:48 AM
I just bought more WDC with the the cheap price.
whats cheap to you guys and what do you think should be the going rate and expected rate? I will give you an example, atm if you wanted to use Bitcoin for a drive though take away payment, you would have to accept zero confirmations! As you couldn't afford to hold up the line for 10min waiting, even 2.5min of LTC would be impractical. With WDC it suddenly becomes an option. Think about that.
sounds good. now what can I buy with wdc? can I pay a bill with it?
Be reasonable it's only been out 4 days lol... It's not going to be used as payment for anything much until it appears on bigger exchanges and establishes itself as having staying power. Give it a few months and it will slowly start to snowball I reckon.
May 21, 2013, 02:52:29 AM
Selling at this price is madness.
I like to know what are the developers doing, they replied my email today; anyway I like to see some update on the worldcoin website.
I like to know what are the developers doing, they replied my email today; anyway I like to see some update on the worldcoin website.
May 21, 2013, 02:43:25 AM
you can buy silver with it, https://bitcointalksearch.org/topic/silver-sale-worldcoin-market-1oz-bullion-209808
How unexpected! Probably a reasonable thing to buy as a store of wealth, because the silver would hold it's value better than fiat.
May 21, 2013, 02:39:00 AM
I just bought more WDC with the the cheap price.
whats cheap to you guys and what do you think should be the going rate and expected rate? I will give you an example, atm if you wanted to use Bitcoin for a drive though take away payment, you would have to accept zero confirmations! As you couldn't afford to hold up the line for 10min waiting, even 2.5min of LTC would be impractical. With WDC it suddenly becomes an option. Think about that.
sounds good. now what can I buy with wdc? can I pay a bill with it?
you can buy silver with it, https://bitcointalksearch.org/topic/silver-sale-worldcoin-market-1oz-bullion-209808
May 21, 2013, 02:38:27 AM
sounds good. now what can I buy with wdc? can I pay a bill with it?
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