[WDC] Worldcoin | 3.0 Flirtatious Ant Released! | Multicoin architecture - page 116.

anderl

hero member

Activity: 714

Merit: 500

Quote from: erk on May 21, 2013, 02:34:13 AM

Quote from: Mr.V on May 21, 2013, 02:13:17 AM

Quote from: megablue on May 21, 2013, 01:10:21 AM

I just bought more WDC with the the cheap price. Grin

whats cheap to you guys and what do you think should be the going rate and expected rate?

I believe WDC should be going for around .003 BTC. It has the potential to do much better when the difficulty starts getting into the hundreds eventually. It's just the miners are noobs and sell too cheaply, same thing happened to FTC and CNC when they first listed. Sure, most low difficulty coins aren't worth much. People don't get what fast transactions means.

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?

erk

hero member

Activity: 826

Merit: 500

Quote from: Mr.V on May 21, 2013, 02:13:17 AM

Quote from: megablue on May 21, 2013, 01:10:21 AM

I just bought more WDC with the the cheap price. Grin

whats cheap to you guys and what do you think should be the going rate and expected rate?

I believe WDC should be going for around .003 BTC. It has the potential to do much better when the difficulty starts getting into the hundreds eventually. It's just the miners are noobs and sell too cheaply, same thing happened to FTC and CNC when they first listed. Sure, most low difficulty coins aren't worth much. People don't get what fast transactions means.

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.

megablue

member

Activity: 112

Merit: 10

Quote from: Mr.V on May 21, 2013, 02:13:17 AM

Quote from: megablue on May 21, 2013, 01:10:21 AM

I just bought more WDC with the the cheap price. Grin

whats cheap to you guys and what do you think should be the going rate and expected rate?

Even crap like CNC stabilized around 0.00084, do you think worldcoin, with a nice selling point (instant transfer), worth less than that?

Mr.V

full member

Activity: 182

Merit: 100

Quote from: megablue on May 21, 2013, 01:10:21 AM

I just bought more WDC with the the cheap price. Grin

whats cheap to you guys and what do you think should be the going rate and expected rate?

Devianttwo

sr. member

Activity: 294

Merit: 250

Don't forget the hackshardgaming pool. No where near 50% so come join in. http://wdc.hackshardgaming.net (1% Fee)

Auto payouts are working fine on my site.

qiuness

hero member

Activity: 714

Merit: 500

http://www.worldcoinpool.com/ auto payouts are not working... beware.

MarKusRomanus

legendary

Activity: 910

Merit: 1000

Cryptcoins.net now has a worldcoin pool: http://wdc.cryptcoins.net

erk

hero member

Activity: 826

Merit: 500

Quote from: BChydro on May 20, 2013, 11:05:38 PM

Does anyone know when the difficulty will change? I calculated at block 46080 ( 4 blocks/min x 60 mins/hr x 8hrs/retarget = 1920 blocks/retarget ---> 1920 blocks/retarget x 24 retargets = block 46080) but it hasn't switched over yet..

I have published the formula at least twice in this thread already.

In a nutshell, it changes every .35 of a day. It changed not so long ago so you have a bit of a wait still.

megablue

member

Activity: 112

Merit: 10

I just bought more WDC with the the cheap price. Grin

dreamwatcher

legendary

Activity: 1064

Merit: 1000

Worldcoin has been added to CCE

wdc.cryptocoinexplorer.com

www.cryptocoinexplorer.com

BChydro

hero member

Activity: 1426

Merit: 506

Does anyone know when the difficulty will change? I calculated at block 46080 ( 4 blocks/min x 60 mins/hr x 8hrs/retarget = 1920 blocks/retarget ---> 1920 blocks/retarget x 24 retargets = block 46080) but it hasn't switched over yet..

thisnewcoin

full member

Activity: 406

Merit: 104

Convert Crypto at BestChange

hopefully this will be done soon.

erk

hero member

Activity: 826

Merit: 500

Quote from: Tobius on May 20, 2013, 09:23:18 PM

I'm just waiting for all of these flash miners to leave, wait out the slowdown, and see what happens. While this coin isn't perfect, I REALLY DON'T WANT TO WAIT FOR CONFIRMS ANYMORE. ( BTC Angry

)

We that's the big issue isn't it, 10min block rates are just crazy. Waiting for 120confirms after mining BTC takes most of the day. WDC takes like half an hour after mining by comparison. I am also waiting for the flash minier crowd to finish. their pump and dump.

Tobius

member

Activity: 182

Merit: 10

I'm just waiting for all of these flash miners to leave, wait out the slowdown, and see what happens. While this coin isn't perfect, I REALLY DON'T WANT TO WAIT FOR CONFIRMS ANYMORE. ( BTC Angry

)

Twerka

full member

Activity: 154

Merit: 100

I think it's normal. Most miners only mine for LTC or BTC so, once on exchange they dumped all they had, like a plague.

erk

hero member

Activity: 826

Merit: 500

Quote from: Galimore on May 20, 2013, 08:58:32 PM

Quote from: pizza on May 20, 2013, 08:29:03 PM

Quote from: crypt0maniac on May 20, 2013, 08:25:54 PM

exactly that's what I'm afraid of...

I think that's when the idiots will stop selling, and the price can go up. It's mind boggling that WorldCoin has a price to coins like FC and CNC, there is something seriously fishy going on with the market. Maybe some big players are buying it up cheap for a big pump who.

Yeah, it doesn't make sense that the most popular coin right now that's nearing 4 GH/s (with no premine and smaller block rewards) is cheaper than CNC which has been completely dead for weeks and has no miners left.

That's because it's easy to obtain WDC, and Bter tend to seel alts too cheaply. So I just bought some more WDC

Tobius

member

Activity: 182

Merit: 10

Quote from: Galimore on May 20, 2013, 08:58:32 PM

Quote from: pizza on May 20, 2013, 08:29:03 PM

Quote from: crypt0maniac on May 20, 2013, 08:25:54 PM

exactly that's what I'm afraid of...

I think that's when the idiots will stop selling, and the price can go up. It's mind boggling that WorldCoin has a price to coins like FC and CNC, there is something seriously fishy going on with the market. Maybe some big players are buying it up cheap for a big pump who.

Yeah, it doesn't make sense that the most popular coin right now that's nearing 4 GH/s (with no premine and smaller block rewards) is cheaper than CNC which has been completely dead for weeks and has no miners left.

IDK about you, but I'l just going to buy more of it now while it's inexpensive. I'm honestly sick of waiting for BTC transactions and I want this coin to succeed.

Galimore

full member

Activity: 126

Merit: 100

Quote from: pizza on May 20, 2013, 08:29:03 PM

Quote from: crypt0maniac on May 20, 2013, 08:25:54 PM

exactly that's what I'm afraid of...

I think that's when the idiots will stop selling, and the price can go up. It's mind boggling that WorldCoin has a price to coins like FC and CNC, there is something seriously fishy going on with the market. Maybe some big players are buying it up cheap for a big pump who.

Yeah, it doesn't make sense that the most popular coin right now that's nearing 4 GH/s (with no premine and smaller block rewards) is cheaper than CNC which has been completely dead for weeks and has no miners left.

pizza

member

Activity: 112

Merit: 10

shouldn't difficulty be higher with such high hash rate?

erk

hero member

Activity: 826

Merit: 500

Quote from: Hydroponica on May 20, 2013, 08:30:47 PM

Quote from: erk on May 20, 2013, 08:18:00 PM

Quote from: thisnewcoin on May 20, 2013, 08:04:12 PM

hash rate at 3.46Gh/s, many people jumped on bandwagon probably because of the profitability.

Absolutely for sure, but we knew it was going to happen the second WDC got listed on an exchange so the profitability comparison sites could finally publish a figure for it.

What I am looking forward to seeing is when the difficulty gets over 100 and people start to churn mining something new and shiny, how the WDC difficulty reset handles the drop in hash rate. Do we end up with another FTC/CNC basket case, or does WDC handle it gracefully?

Difficulty retargets based on time, instead of blocks, so, it should retarget better then FTC, because it's not reliant on the number of people mining it

You probably want to check your facts. It's already been covered here:

https://bitcointalksearch.org/topic/m.2205224

Topic: [WDC] Worldcoin | 3.0 Flirtatious Ant Released! | Multicoin architecture - page 116. (Read 442449 times)