This coin is hemorrhaging, I would like to come here with some type of good news or supportive attitude but I don't see it. The market is dead, the volume for the last day or two has been from everyone dumping WC. The multi pool has been barely keeping it a float.
We have no direction. I feel that by creating the WCF and making this into a "community coin" we shot ourselves in the foot when we really needed someone with a clear vision to take this coin. Instead we got a giant circle jerk where everyone pats themselves on the back and nothing ever gets done. If you asked me where I see us in a week, I honestly couldn't tell you but It doesn't look good. Some may call me negative but this is reality. Time to wake up. Time to consider cutting losses.
I walk the neutral line, you have to when you are in this field. You have to balance the good and bad and make decisions/changes based on them. Most of you wont like what I have to say but you have to face the facts. I respect mogonzo and everyone else who has done a great job with this coin but I will leave you with this quote,
“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”
― Warren Buffett
People are dumping all coins trying to get in on the lastest hype coins, we need to be one of those coins at the top of each hype.... this costs money and requires constant work. Hence you need a big development pot. Whitecoin is already rock bottom price, can't see it can go lower. Lets hope we get our time in the spotlight again |
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This coin is hemorrhaging, I would like to come here with some type of good news or supportive attitude but I don't see it. The market is dead, the volume for the last day or two has been from everyone dumping WC. The multi pool has been barely keeping it a float.
We have no direction. I feel that by creating the WCF and making this into a "community coin" we shot ourselves in the foot when we really needed someone with a clear vision to take this coin. Instead we got a giant circle jerk where everyone pats themselves on the back and nothing ever gets done. If you asked me where I see us in a week, I honestly couldn't tell you but It doesn't look good. Some may call me negative but this is reality. Time to wake up. Time to consider cutting losses.
I walk the neutral line, you have to when you are in this field. You have to balance the good and bad and make decisions/changes based on them. Most of you wont like what I have to say but you have to face the facts. I respect mogonzo and everyone else who has done a great job with this coin but I will leave you with this quote,
“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”
― Warren Buffett
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Whitecoin isn't getting enough exposure, advertising gets you that exposure. We need a big push right now and using the WCF funds to do that would be exactly what they are there for. We need to attract new investors. I'm talking about twitter, Facebook, google advertising. We are lacking in all of those areas.
I have attempted to offer my help with moderating the Facebook page and reddit but I was ignored.
and to reply to CryptoSEO's,
I have contributed my share and am constantly active on the forums, not to mention I've had my hashing power on the pool for months now.
I appreciate your enthusiasm and things you have done. I'm not sure if you were ignored or if having another moderator on those medias was even needed. What WC needs is feedback and community involvement. What features do we want? What actions are next? I like that people are bringing up the anon feature again, and its worth discussing, but what else can WC do? We need substance to advertise and we need to know what that substance is, what our most wanted features are so we can bounty, implement and reap reward. WhiteCoin funds - shouldn't they be used to create things the community and new investors would/do want? If you simply expend WC on advertising, then what funds do you have to get a bounty list done, or implement new features/functions that people want? Advertise/promote new news, not old... Sorry can't help on the Facebook or Reddit but if your interested in contributing great content, you could write an article for whitecoin.info... Remember that we are all volunteers here working towards a common goal, yes advertising and PR is apart of the bigger picture, lets get some of the bounties done and we can then promote these new functions and features OR get some merchants/services using WC or __insert great idea here____. Advertising isn't the solution, its a contributing factor to a successful planned promotions of something that people want/need. You get more volunteers and people joining the community via advertising and spreading the name. Even simple things like advertising on reddit and Facebook to the crypto crowd. Some people may even come back if they see its alive and kicking. Its a two sided coin. |
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Whitecoin isn't getting enough exposure, advertising gets you that exposure. We need a big push right now and using the WCF funds to do that would be exactly what they are there for. We need to attract new investors. I'm talking about twitter, Facebook, google advertising. We are lacking in all of those areas.
I have attempted to offer my help with moderating the Facebook page and reddit but I was ignored.
and to reply to CryptoSEO's,
I have contributed my share and am constantly active on the forums, not to mention I've had my hashing power on the pool for months now.
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So whatever happened to the big reveal after the new logo was decided? Seems like that plan went up in smoke. There was all this talk for all these plans to market and advertise Whitecoin on crypto websites. The foundation has money and isn't using it at all, period. No one is interested in doing anything for your bounties because the coin itself is worthless to most people. I recommend liquidating some and using it to buy advertising like the original plan was. So far I'm not impressed with any of the progress. There seems to be no goal or direction other then "moon" talk.
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Cheap Whitecoins are drying up, get 'em while you still can.
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It's been kind of quiet here lately. What has everyone been up too?
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“No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant.”, Warren Buffett
I hope people are smart enough to not dump their coins for next to nothing. You are giving away your opportunity as well as your money to someone who understands their investment. Whitecoin still has a long road ahead of it but for the people on board for the long run (especially the top 100 holders) will see their efforts pay off tremendously.
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FIMK actually has anonymous voting system integrated in sourcecode. But this crypto is in IPO-stage so you'd have to wait a month to use it  One of the first things i do with FIMK is testing that voting system. Btw: Bought some cheap WC. That FIMK looks interesting. Been buying a trickle of cheap WC too. I also have been slowly buying and mining WC. Eventually the supply will start drying out and you know what that means.  |
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Thanks to the incredible talent and ongoing dedication of the WhiteCoin Community, we have raised over 300K WhiteCoin in the first voting round alone.
I still think the winner should get a nice chunk of that 300k+ After all, the winner of the competition will have done more than just talk a lot and actually have something to show instead of just "full steam" and "we are doing things" like is usually plastered over this thread by this so called foundation. Why exactly should the foundation get all the money when others have also put in some hard work too? In fact why would a foundation actually constantly need money if they are also invested in this coin? I see many coins who have volunteers and none of them constantly ask for more funds to make promises that so far is just talk. So far the foundation has created 1 new wallet and has had how much WC thrown at it? What else besides promises has the WC foundation given so far? I agree. The winner should get a portion of the Whitecoins donated for their work. I don't think it requires an explanation. We are intending to show gratitude to all contest entrants absolutely. That said, I can't really agree with anything else this guy says. We have no pre-mine and a large operation with huge goals. We've actually had 2 new wallets and a great deal more work done than that. We need funding to grow this coin on an ongoing basis. I think my comment came off as agreeing with everything he said. I only agree with the comment regarding the logo winner. The difference between a comma and a period lol. That being said the foundation needs funds in order to be able to offer bounties and rewards for content and contests. So far they have done a great job managing the funds and being transparent with the community. Probably the best I've seen. |
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Thanks to the incredible talent and ongoing dedication of the WhiteCoin Community, we have raised over 300K WhiteCoin in the first voting round alone.
I still think the winner should get a nice chunk of that 300k+ After all, the winner of the competition will have done more than just talk a lot and actually have something to show instead of just "full steam" and "we are doing things" like is usually plastered over this thread by this so called foundation. Why exactly should the foundation get all the money when others have also put in some hard work too? In fact why would a foundation actually constantly need money if they are also invested in this coin? I see many coins who have volunteers and none of them constantly ask for more funds to make promises that so far is just talk. So far the foundation has created 1 new wallet and has had how much WC thrown at it? What else besides promises has the WC foundation given so far? I agree, the winner should get a portion of the Whitecoins donated for their work. The foundation needs funds in order to be able to offer rewards and bounties for content and contributions. They have done a great job being transparent and honest with the community. No needs to jump to conclusions. |
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The W in the logo looks like an X, if it looked more like a W it would be better in my opinion what about this:  I like it. |
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 I like it. I think the 3 main bolts and think it could lend itself to anything three which seems well marketable. Community. Transparency. Power word here. Kinda thing. And the inner ball portion is the community interwoven. When I look at that I see none of those things. Herein lies the problem. When a potentially interested person looks at Whitecoin for the first time and sees the logo, they will not come to those conclusions with that graphic. I don't wanna come off as rude, I appreciate all of Xips efforts but we have to look at this at a fundamental marketing level in order to be successful. |
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Hi Chris, As always great speech. We can't thank you enough for the work you have done for this coin. You're precisely on point. I know that a larger version of my logo has been requested for a long time, so here it is: Real world use (including how the wallet icon will look like):  As unique as that logo is, it will do more harm than good for the image of Whitecoin. I know people will agree when I say we need an identifiable, marketable logo. I find it hard to relate to a cloudy marble nor would I want to invest in it. |
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This is your last chance to buy cheap WC. Trend reversal has happened.
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I don't mind it being this low, good chance to snag some up before the big day.
This guy gets it. |
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Wow very original! I like them a lot. Good work  |
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Chunky is still not paying out. What's the deal?
Payouts take usually 2-3 days per round. This is to ensure the coins are sold at their peak value for maximum return. I have been mining on chunky pools for almost a month now and they have been great. |
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Tick tock, time is running out and I'm not talking about this two week long logo contest I made tons of posts about the major flaws of WC and stressed urgency. This coin has about 2-3 days left before its completely done. Yes I mean it. I sadly feel we are past the point of no return. I couldn't disagree more Ownski. We have an incredibly motivated team that is constantly working on new approaches to promote the coin, and we're in the process of becoming a real legal entity. WhiteCoin is not a short term pump, it's a long term investment based around a real plan that will take time to implement properly. As the good news about WhiteCoin continues to mount, we will only continue to improve. We are a top 100 marketcap/volume coin, and the only coin that is truly community driven. I encourage you to join our volunteers if you have concerns. I want Whitecoin to be successful just as much as everyone else but we have to face the cold hard facts. We are literally 1 BTC away from not even being listed on mintpals main page. I thought 40BTC volume was bad we are now less than a tenth of that. It doesn't matter how good the development team is if no one wants to buy your product. There are enough different "Whitecoin" websites that it can confuse even the most veteran of crypto investors. Honestly I can keep going on and on but complaining isn't gonna fix anything. What WC needed was a unified image with a dedicated central website. So far we barely made progress. I mean it took almost a week to update this main page in this thread. I respect what your doing and everyone who has contributed but we are slowly turning into the laughing stock of crypto. |
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Tick tock, time is running out and I'm not talking about this two week long logo contest I made tons of posts about the major flaws of WC and stressed urgency. This coin has about 2-3 days left before its completely done. Yes I mean it. I sadly feel we are past the point of no return. |
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