Bitcoin Forum
May 26, 2024, 04:45:10 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 »
121  Alternate cryptocurrencies / Altcoin Discussion / Re: Is SCHARMBECK Shutting Down? on: February 07, 2014, 12:21:56 AM
I have been buying additional worldcoins slowly slowly as the price drops.
The sheep are selling and the living fish are buying. How do we know the fish is living? It is swimming on the opposite direction with the river.
122  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't Overlook Worldcoin (Update thread) on: February 06, 2014, 10:45:33 PM
If one learned something from bitcoin, it is that one should buy when the price tanks heavily and not to sell at any price because the price will keep going higher and higher forever if you are here for longer term than 2 months or so.  Grin

However, as a disclaimer, do not invest the money you cannot afford to loose.
123  Alternate cryptocurrencies / Altcoin Discussion / Re: The Scharmbeck 'Stock' Dilemna on: February 05, 2014, 01:35:56 PM
Yup, I sold my Scharmbeck shares during the hype a week ago for almost 0.04BTC a share.
These coins I spent to buy the real asset (WorldCoins).
I think investors should start concentrating the real deal. The WorldCoin will be around 0.1 BTC in a few years.
I am following their Facebook group and I am amazed by how fast the WDC developes.
WDC, like BTC, is not get-rich-quick-scheme. Rather it is get-rich-in-a-few-years-from-now-scheme.

As there are more services and goods that can be purchased by using WDC, the price will start skyrocketing due to the increased demand.

On WorldCoin Foundation's discussion forum there is a lot of speech of lowering the block reward of the coin. If this will take its place, it is very bullish sign for WDC and probably one should start hoarding WDC.

Remember, the golden rule: when price goes up by 10 times, sell only 10 % of your existing WDC position.

Let's say, you are WDC-rich and have 100 000 WDC. When the price goes to 0.0035, you sell 10 000 WDC (and you will be left with 90 000 WDC, then perhaps you could consider putting some of BTC to aside waiting a small correction).
When it goes to 0.035 BTC-levels, sell 9 000 WDC (you will be left with 81 000 WDC). Then you have total of bitcoins 350 BitCoins.
If you buy 100 000 WDC today, it will cost you only 35 BTC at the current price.

Summa summarum, after investing today only 35 BTC in a few years you will be left with 350 BTC + 81 000 (valuable) worldcoins.

However, this is a risky thing - but I think the odds are favorable.
124  Alternate cryptocurrencies / Altcoin Discussion / Re: World coin at all-time new low on: February 05, 2014, 12:52:24 PM
Personally I have been buying but carefully.

Eventually the price will be driven until 0.077 BTC -levels and BTC is heading towards 10 000 USD.
Do the math how many coins is needed to become a billionaire.

WDC economy is developing and I like the fact that there is no hype around the coin.
It is always a good sign for the coin.
125  Alternate cryptocurrencies / Altcoin Discussion / Re: [Poll] Which Coin to be Added to cryptothrift.com? on: January 25, 2014, 08:57:59 PM
I wonder why the WorldCoin is not there already.
126  Alternate cryptocurrencies / Altcoin Discussion / Re: WorldCoin Well, let's build wells in Africa! on: January 24, 2014, 08:55:53 AM
I donated this cause.
127  Alternate cryptocurrencies / Altcoin Discussion / Re: WorldCoin Well, let's build wells in Africa! on: January 24, 2014, 08:53:31 AM
Wow, what a great idea! More of this kind of ideas! Smiley
128  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your favorite alt-coin? on: January 21, 2014, 11:33:37 PM
I am becoming increasingly negative on all alts now that any idiot can pump one out.
I like primecoin, but mining is near pointless.  LTC is faster than BTC but slow compared to almost all new coins.  Almost all new coins are scams, rubbish or gimmicks.

We will see if someone comes up with something that could rival BTC.  If they do it will be clones 1000 times, so maybe they shouldn't make it open source too quickly.


I think I am on the same page with you.
WorldCoin is a such coin that can challenge BTC.
Scharmbeck is doing well as far as I heard, it will be a game-changer and it will be possible for shops to easily accept WDC thanks to Scharmbeck.
The developers predict the coin will be valued to its fair value (0.077 BTC) so anyone investing the coin now any significiant amount will be a millionaire if not billionaire within some time.
I think now is excellent time to buy the coin.
129  Alternate cryptocurrencies / Altcoin Discussion / Re: What is Scharmbeck and Why Does It Affect Worldcoin? [WDC] on: January 20, 2014, 10:43:29 AM
I heard rumors that this coin might be accepted by the legal marijuana sellers in USA? Am I right?
This alone will make a huge difference and especially as the Scharmbeck is up and running the price of WDC should go up due to increased demand.
The smart money is moving towards WDC, the next step is the promotion phase when it will gain more audience and basically go quite high.
130  Alternate cryptocurrencies / Altcoin Discussion / Re: The shocking truth about the scarcity of WorldCoin on: January 12, 2014, 11:25:16 PM
Hello!


The total number of WorldCoins: 265,420,800
The World's population 6 Billion

The scenario when the whole world is using WorldCoin and let's assume the coins are distributed homogenously, each World citizen gets only 22,60 WorldCoins.
Of course the poorer gets less (like 0,xx WorldCoins) and the rich gets more - this leaves the middleclass gets just over 20 WorldCoins.
Now we consider middle class as the ones who owns rouhly 500 000+ dollar's worth of assets have perhaps income of 3000 USD/mo. etc.
Then we can derive the value of each WorldCoin being 22,123.89...USD (minimum, very conservative estimate).

How large stake are you capable to acquire today from the pie of total supply of WorldCoins?

Hmm 265,420,800 / 6,000,000,000 is not 22.60. Plus you are using "," and "." for 1000s separator and decimal wrong...
You failed.
Good bye.


Can you see to which direction I fauiled?
Doesn't my failure just mean the WDC should be even higher?
Now it is a great opportunity to crab some coins to your personal wallet for holding 2-3 yrs.
The blockreward is decreasing but the userbase will not decrease definetely.
There is just one direction with this coin and it is straight to up. Of  course it goes to bubble just like BitCoin has done but after correction it will always go higher than the previous bubble price.
In order to not to loose any coins I highly recommend you guys not to trade too much (it is risky to trade).
By trading you do not loose dollars but you loose WDC. After trades you get less and less WDC as not many owners are willing to give up the coins so easily.
Now as the block reward is still quite high and difficulty has not skyrocketted, there will be some coins available, but not too long.
The Scharmbeck is on its way - can't you guys understand the significance of this? When there is Scharmbeck, there will be serious use for the coin and thus the demand of the coin will go through the roof all the way to the Orion Nebula.
131  Alternate cryptocurrencies / Altcoin Discussion / Re: The shocking truth about the scarcity of WorldCoin on: January 10, 2014, 10:30:49 PM
How would I get some world coins? I have been trying for days to get some alt coins with no luck?


First you need to get some BitCoins, then you need to make an account to Vircurex (or some other excgange) then transfer your BTC to there and buy. Simple as that.  Grin
132  Alternate cryptocurrencies / Altcoin Discussion / Re: The shocking truth about the scarcity of WorldCoin on: January 10, 2014, 10:14:21 PM
The shocking truth about your math:

265,420,800 WDC distributed amongst ~6 billion people is only about 0.044 WDC per person

About 70% of the world population is in 3rd world countries and does not have computers or Internet access (or electricity, or running water in most cases) and that is not likely to change dramatically anytime soon so they're not getting any


This is insane. We will definetely need to start using mWDC at some point.
If you watch the current price of the coin the price has some space to move upwards.  Shocked
133  Alternate cryptocurrencies / Altcoin Discussion / Re: The shocking truth about the scarcity of WorldCoin on: January 10, 2014, 10:11:07 PM
what about that 42coin (42 total coins to be mined) then?


Sounds scarce - probably even too scarce so it may not be practical because of it.
WorldCoins are better because it is scarce enough but not soo scarce neither so it can be used perfectly because of this.
134  Alternate cryptocurrencies / Altcoin Discussion / The shocking truth about the scarcity of WorldCoin on: January 10, 2014, 09:59:47 PM
Hello!


The total number of WorldCoins: 265,420,800
The World's population 6 Billion

The scenario when the whole world is using WorldCoin and let's assume the coins are distributed homogenously, each World citizen gets only 22,60 WorldCoins.
Of course the poorer gets less (like 0,xx WorldCoins) and the rich gets more - this leaves the middleclass gets just over 20 WorldCoins.
Now we consider middle class as the ones who owns rouhly 500 000+ dollar's worth of assets have perhaps income of 3000 USD/mo. etc.
Then we can derive the value of each WorldCoin being 22,123.89...USD (minimum, very conservative estimate).

How large stake are you capable to acquire today from the pie of total supply of WorldCoins?
135  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WorldCoin WDC | Coin of the Future | Instant Transactions | Launched on: January 08, 2014, 12:22:09 PM
I'd heard a lot of talk around Worldcoin for a while but it seems to have been steadily declining in value for the last month. Is there any particular reason for this or are people just losing interest?

Price relative to BTC has been declining a bit, but it's stayed around ~$.48-.50 for the last while. Also, people are definitely not losing interest as WDC is consistently in the top 10 traded coins in terms of USD volume, just check coinmarketcap. WDC is here for the long haul and there are big things coming, and I for one am very excited to see what the next few months hold for WDC Cheesy


The upcoming months will be tremendous with WDC.
I have been buying like crazy as the relative value is declining. 0.1 BTC is the long term equilibrium-price. As long as the price is under that relation, there is an opportunity to have leveraged returns on investment.
This spring I am expecting the next leap of magnitude.

My goals in terms of BTC (who cares USD):

May 1: 0.005 BTC
August 1: 0.05 BTC
December 1: 0.08 BTC
Jan 1 (2015): 0.101 BTC

Yup, the price will overshoot temporarily. It is pure economics. Everybody who has studied in university the economics of money theory knows the forex shoots always over in uptrends and shoots under in downtrend. This is called J-curve.

There will be excitement as the 0.1 BTC is hit and therefore the sellers are not interested in selling (they hope it will go even higher) and the buyers are throwing their money to WDC which creates scarcity to the markets. This is exactly the riight exit point for bulls so that they can go back in in 0.095 levels and gain ~ 5 % which is a good gain (the real annual growth of world's economy in long time series is aroun 2.2 %).
136  Alternate cryptocurrencies / Altcoin Discussion / Re: WTB a few thousand WDC for BTC on: January 08, 2014, 11:54:55 AM
WDC -> 0.1 BTC end of 2014?  Roll Eyes

That is the target.
2014 will be the year of WDC.

Fast confirmations, steady foundation behind it and lots of improvements.

All it needs is less than 3 leaps of magnitude. Seriously, only one big guy can take it there in one shoot.
It is not optimism as many of you might think first but it is realism.

Remember, the last leap of magnitude happen a few months ago so perhaps the next will take its place during this spring and the rest will take their places in summer-autumn 2014. Of course there are some slaughtering taking their place along but it happens always.
Think about the leaps of orders of LTC - January 2013 it costed only 6 cents and a few months ago it cost 30 USD. It is not just a dream but reality.
The equilibrium of WDC is 0.1 BTC. This means WDC is currently heavily underpriced in terms of BTC not to mention in terms of dollars.
The smart money starts quite soon moving WDC so we have opportunity to be early adoptors to the uptrend before it is too late. It might be a matter only of days/weeks....
137  Alternate cryptocurrencies / Altcoin Discussion / Re: WTB a few thousand WDC for BTC on: January 08, 2014, 11:38:48 AM
Simply log-in to the Vircurex and buy from there. With 1 BTC you get about 2000 BTC right now which is a screaming deal and I highly recommend to buy as long as this madness continues and the price will correct to its long-term equilibrium, around 0.1 BTC.
I think it will happen by the end of 2014. Think about this scenario: you own 2000 WDC and each is worth of 0.1 BTC. Then your WDC wealth is worth of 200 BTC and the BTC will cost 10 000 dollars, this means you have 2 000 000 USD wealth by the end of 2014.
Not to mention if you buy WDCs with 100 BTC - how rich you will be in dollars...   Shocked Cool
138  Alternate cryptocurrencies / Altcoin Discussion / Re: Most Promising Altcoins for 2014 on: January 06, 2014, 09:42:18 AM
WorldCoin will take over this year big time. Now if you have spare BitCoins, I would suggest to start hoarding them.
I am in long position with WDC (=having more them than I need to become rich when WDC hits its equilibrium price of 37 000 USD - actually I am too rich then).   Grin Cool
Even the decimals of WDC counts. There will be a day when people are paying serious dollars on mWDC. Now it is excellent time for the smart money to prepare for these days by buying the cheap WDC.

By the way, if the price goes much lower I am considering going "ultra-long".
Now we are every moment closer the momentum of the Coin skyrocketing.
139  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WorldCoin WDC | Coin of the Future | Instant Transactions | Launched on: January 06, 2014, 09:33:00 AM
Now there is excellent buying opportunity in WDC.
The price is still low.
The price should be around 0.1 BTC or 100 USD.
Now you get one coin for less than 1 dollar.
140  Alternate cryptocurrencies / Altcoin Discussion / Re: If You Had $100 to invest in one Alt-Coin, Which one and Why? on: December 29, 2013, 10:43:58 PM
I wouldn't believe saying this but right now it would be Doge.

All in.
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!