Bitcoin Forum

You fucking retards!!

Nothing increases my faith in a crypto more than a bagholder screaming at the market to stop plummeting.

WDC is dead let's move on.

And thus is the difference between me and you. WDC appears to have failed, and so, I can move on. Shitty deal, it failed, not because it was a shit coin, but because greedy miners killed it by dumping it too low. What can you do?

I believe the correct term is "little people".

hydroponica is a retard lol.....   Coin is still new give it some time, its only failure is crybabies like you putting the worldcoin icon in your profile..   If I had more bitcoin I'd be investing it in worldcoin :)   large volumes aren't being sold low and it is on a low volume exchange.. if it hits btc-e it will soar :P

WDC was alive?

Yet your passion and motivation behind making this thread says otherwise.

Literally run away from this forum and never come back. I am speaking for the whole forum, we're over your 'cry me a river' childish troll posts 24/7.

You're pathetic.

Lol, yeah, I'm the pathetic one, there, power-puff girl. I'm not walking away from WDC yet, as long as it doesn't drop below 20%, I'm not losing money, by giving it more time. I could walk away. Cry me a River? I merely speak my mind, and people like you, typically don't like what I have to say, because it belittles your pathetic little scam coin. ::)
Arguing with you, is like arguing with my 5 year old daughter, except she's smarter than you, and, she can admit when she's wrong, and learn from her mistakes.

the problem is i think wdc is easy to mine and even at it's current low price is more profitable that ltc for miner to mine and dump, there are a lot of miners that just want to pay off their hardware so will not wait it out just dump straight away after mining.

Oh you probably right. If only the silly monkeys would use a bit of common sense, and realize, if you let the price rise again, first, and stabalize, they would pay off their hardware sooner, at higher prices.

I think that miners have the common sense to realize, that most miners will dump their coins asap. Thus, the price will fall. Thus i sell now.

Its a vicious cycle but thats the way it is.


Unless someone, somehow could influence the majority of miners to stop selling, then miners will not sell, and instead hold for a higher profit. But looking at the trend of WDC now, and also the usual trend of alt coins to pump and die, I think most would sell asap.

well, people are short sighted. They dont know if they can hold the coin and increase the network hash, WDC could be on btc-e or even mtgox.

Buddy, the only reason people are even mining this coin is because they are shortsighted.

I'm a WDC supporter but OP doesn't have a clue how the crypto ecosystem works in connection with the markets.

Hydro, you have to let the price settle. It's only been a few days at an exchange.

In the early days, the exchange rate is based purely on 20% speculation and 80% volume of coins in market cap.
WorldCoin has a higher volume, thus each WDC with start off lower.
Look at bitbar, it's not the best alt-coin, just more rare.

But all alt-coins need to work hard to grow beyond that. That's stage 2. This is where Worldcoin (I believe) will succeed, and plenty of people can still become early adopters.

As a miner with a 400+ USD per month electric bill, I would assume a lot of miners just want to keep the power on. It seems to me just by tracking the names across various pools that people tend to throw all their hashing power at a single coin. I have dedicated LTC miners that do nothing but mine LTC, with my remaining 10 or so MH/S I can afford to take risks, try new coins, etc. If I had to guess I would say most miners are sticking all their eggs in one or two baskets, and hoping just to break even at the end of the month. In a scenario such as that, you can't exactly tell the power company to hold off a bit so your coin-of-the-week can increase in value lol. Unfortunately for them, operating like that is never going to amount to much more than "keeping the power on".

Right. If WDC goes straight to zero - which, let's be honest, is way more likely than ending up on mtgox for ANY of the new altcoins - us miners are stuck with that power bill. That's real money we owe, with nothing to show for it.

The indignance is not justified unless you're offering to cover our power bills.

He thinks like this because he is clueless and wants instant gratification. PPCoin, Terracoin are two of the more established alt currencies... it took them many months to get to where they are now. PPCoin lingered at 2-4 cents for months as millions of coins were produced.. then it went up to 30 cents and then down to 15 cents and so on.

Cryptos are volatile. The price will level out eventually where the demand meets the rate at which miners sell their mined coins. I believe in the need for faster confirmations and I am buying more when I identify a leveled out price point.

The most important thing is building a community of supporters and believers. That is something Feathercoin did very well.

Which is why I have dedicated LTC miners. Sell enough LTC to cover the bills, hold the rest, use extra hashpower for risk taking. I mined a ton of WDC, but I will sit on them until things settle as they aren't necessary to pay the bills. I don't understand how flash miners are covering their operating expenses without at least some market speculation. Which based on the pump-and-dumps of late, they do not seem to have. case.

WDC is a deadcoin now.

https://en.wikipedia.org/wiki/Opportunity_cost

I assume you paid for your hardware, too.

Hey, relax. Just sparking up a Friday morning debate. I haven't sold off any WDC that I mined, just sold off what I bought while day trading it. I have a 70,000 a year job to pay the bills, this is just play money for me.

It is REALLY hard for WDC to die as it will adjust so fast that eventually Difficulty will be low and it will be very profitable again network will climb prices will go up. It will work great.

No no, HD 7950 tree in the back yard :P

Recouping hardware costs, while a long term consideration, are not an immediate issue. For me at least. As the money was already pegged for more conventional investment mechanisms. Given that anything "conventional" would offer 12% at a maximum over multiple years, while typically requiring additional investment later on, I opted for a more "non-conventional" investment. Frankly, I saw it as a more safe and entertaining bet. Worse case scenario, hardware is sold off at 50% purchase cost, the other 50% of initial investment cost was made fairly quickly just by sitting on coins mined the first few months of operation.

Miners support the network.  Merchants and users support the coin.

That is why BTC is trading for $100+.  It has a strong network of merchants and users.

For WDC or any coin to be non zero long term, it needs to grow the merchant and user base.  If not, it has no future regardless of whether miners sell or horde.

Couldn't agree more. Which is also why I am all in for FTC at the moment. First glance at any exchange would make that seem like an illogical idea, but FTC thus far(With the exception of LTC/BTC of course) has been the only coin that has offered me any sort of real world application. Even if it was just registering a domain name for the wife's blog. lol. That in and of itself hold more actual value than "x alt coin is trading for x amount of alt coin2".

"worldcoin" is a term that could push this coin's value over BTC's value if it gets adopted right.

sad to say  :-\ but miners dumping their WDC masses right now.
nobody needs that coin  :-\

lol what a load of crap.. wdc isn't on an exchange able to handle mass wdc dumps lol (lack of btc volume)...  If it hit the likes of BTC-e it would be the ultimate pump n dumpers playtoy :)

If your saving cant handle 400+ USD eletric bill per month then you shouldnt mining in the first place. LTC was $0.5 for a looooong time which is even lower than FTC peak, yet it gonna hit mtgox. Why? because miner keep supporting it instead of mass dumping.  You can sell your magikarp for $0.01 or support it till it becomes gyarados worth %100, your choice.

lol, pokemon

Okay, now I get the reference. Didn't know wtf he was talking about lol

Here's a hint:  if there's nothing to do wtih your coin other than trade it for another coin that actually has value, that's all people are going to do with it.

Listen to NWO, he knows a LOT about dead coins and how to make oneself look like a jackass with them.

BTC skyrocketing right now.

Lol, the same thing as with other coins.
https://bitcointalk.org/index.php?topic=202619.0
https://bitcointalk.org/index.php?topic=160300.0

Lol, the same cycle happens with every trash coin. The ironic thing is that the OP was running around bashing all the other alt coins, and now he's left holding the bag of garbage.

lol

bring on LUCKYcoin !

lol

This!

Hydroponica's guide to new altcoins:

10 Look at the new coin
20 IF you like it, GOTO 50
30 Scream about this coin is shit and will fail
40 GOTO 60
50 Scream about this coin will succeed and beg not to sell cheap
60 END

HaHa. Some people take things too seriously. I do not. That is a perfect flow chart

Diff adjusted, and now WDC is profitable again. Even WDC haters have to admit, that's pretty cool.

Ew, GOTO? Even a switch is better.

The problem with holding for a higher profit is the coin is worth nothing, and it's often difficult to get something for nothing.

Gotta love it, even if the coin has a really low value, the network speed will always be the same :D

I wouldn't completely count out the coin, it's only been on the market for a few days, and drones of miners who follow CoinChoose like a cult will keep mining/selling as long as it stays at the top of the chart. Eventually, they'll stop, and then, work can be done with it.

Could fail too, but hey. It's a ll a big experiment, so let's wing it

most of the new coins are being mass mined by people who only are interested in pumping and dumping b/c it's better for them than the other coins.

It has nothing to do with the coin itself.

And you go around bashing GLDCoin. You worry about your coin and we'll worry about ours.

What?

+1 agreed.

i remember someone bought my crap for 0,0025 :)
He must be happy now. But he still got 8% of his btc :)
And some are even crying that the coin is useless.

For me now, after what I have read, if its not on the Altcoin Profit forum, I am not interested.

BBQcoin is listed, it can't be trusted.