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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] - The WhiteCoin Foundation - Community Planning & Discussion on: May 14, 2014, 03:12:45 PM
I've been slowly chipping away at the reddit page, banner/logo image has been updated, I've added white background and add a drop shadow to the top bar. I've created a notice for the Chunky Challenge on the side bar on the home page - check it out, the ad links direct to chunkypools.com/wc

http://www.reddit.com/r/whitecoin/

Does anyone know the CSS needed to change the homepage link? I think I may have to manually add the logo banner using custom CSS instead of the inbuilt upload tool?

Advert below:

2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ whitecoinfoundation.org ☯ whitecoinpool.com ☯ on: May 12, 2014, 07:13:42 PM
I can confirm for a 100% fact that staking works even on Mac OS X Mavericks, it just took 9 days for me.



This is good to know, thank you for sharing! I guess I will need to be a bit more patient re. my wallet staking.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ whitecoinfoundation.org ☯ whitecoinpool.com ☯ on: May 12, 2014, 05:03:47 PM
Nice multipool with cashout in whitecoins [Suspicious link removed]/
Nice multipool


Why mining on Hashcow? Are they gonna compensate part of their's income of percentage to WC dev/pr team for all the work done? Don't think so.
We need to support, for now, only official WC multipool - Chunkypool



https://chunkypools.com



Again, reminder of ChunkyChallenge:

========================================================
Level 1: 200 MH = 10% of the multipool’s profits to the foundation
Level 2: 500 MH = 15% of the multpool’s profits to the foundation
Level 3: 1 GH = 20%
Level 4: 5 GH = 25%


WC ports on Chunky:

scrypt port: 3377 ( currently mining SilkCoin )

scrypt port: 3337 ( currently mining PotCoin )

SHA-256 port: 4477 ( currently mining TerraCoin )

X-11 port: 1177 ( currently mining MunitiCoin )

 - Automatic conversion between coins
 - Manual payouts from WC account ( automated payouts currently not working )
========================================================

Are here any working miners to point to Chunky or in this thread are only Bag holders?  Grin

Instead winning about price is low, come and join Chunkypool and by doing that we can have much stronger
buying pressure and price will go up  Tongue


Cheers
B.


chunky is a flat out shit pool that has a garbage profit algo, you will just flat out make more at hashcows

No X11 port at hascows ...

X11 is the KEY unique selling point for Chunky.

GPU miners looking for WC payout - once you go x11 there really is no going back!
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ whitecoinfoundation.org ☯ whitecoinpool.com ☯ on: May 11, 2014, 08:51:36 PM
here's a list of douchers to put on your ignore list,
you will not miss anything by ignoring their worthless comments,
they only spread fud (fear/uncertainty/doubt) to scam and rip-off people,
or to misdirect people to whatever shitcoin they're drowning in.

go to:
-> profile
-> modify profile - ignore user options
-> paste this list:

damiano
djslick
SkyValeey
count_cyrpto
itos
turtlehurricane
gerdab
Morquor
cassius68
cassius69
Subtuppel
coinpredator(return)

-> enjoy nicer topics


Thanks - I know at least 2 of those guys are now banned from IRC. I prefer to ignore as I go though as even fudster comments can lead to tip offs.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ whitecoinfoundation.org ☯ whitecoinpool.com ☯ on: May 11, 2014, 07:23:51 PM
FFS it's the weekend! Chill out fudsters! (or fold and let me buy more cheap coins)
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ whitecoinfoundation.org ☯ whitecoinpool.com ☯ on: May 11, 2014, 08:40:12 AM
I'm buying up another 150k whitecoin - if you knew the work going on in the background you would too!
y
I'm buying another 200k whitecoin

go!!!

Waiting on BTC to clear  Roll Eyes

Watch the price go up lol I always miss the floor prices, just not lucky enough!
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ whitecoinfoundation.org ☯ whitecoinpool.com ☯ on: May 11, 2014, 08:11:10 AM
All the bagholders dumping their shitcoins for real dollars/euros

Invested in NXT huh? Instead of trolling other coins why not stick to promoting your own? The community as a whole would be better off for it.

I really don't understand the mentality of some people. If you doubt someone's motives all you need to do is look at their post history and forum activity.

 Roll Eyes
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ whitecoinfoundation.org ☯ whitecoinpool.com ☯ on: May 11, 2014, 07:59:04 AM
I'm buying up another 150k whitecoin - if you knew the work going on in the background you would too!
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ whitecoinfoundation.org ☯ whitecoinpool.com ☯ on: May 10, 2014, 04:06:35 PM
Can you give more details - having issues with mac wallet.
What OSX you running? What model Mac?

I'm on a 2012 Air with Mavericks and it isn't staking.

Could you clarify your method for staking, roughly how much you have in your wallet?

Model of the Mac has absolutely nothing to do with staking or not staking.

But there may be something with the OS X version, I have Mavericks too and it's not staking (after a week at least).

I've had many wallets that don't even start on Mavericks but they work on older versions (like Lion), for example the original WhiteCoin wallet did not start in this.

The model does have an effect on how the OS performs - an example is my old 2010 MacPro - there's a number of software bugs with Mavericks that didn't manifest on my Macbook Air or Mac mini (namely Cinema 4D, colour sever sync and Adobe CS6 Illustrator / InDesign giving various SIGBUS errors - also quicklook 100% CPU error only occurred on the Air) - all of which had clean OSX installations with the same software.

That being said, I agree that Mavericks is most likely be the cause. I'm working on creating a second OSX installation for Mountain Lion on my Air to test this theory (currently dual boots to Linux partition and Windows through parallels).
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ whitecoinfoundation.org ☯ whitecoinpool.com ☯ on: May 10, 2014, 01:55:09 PM
I'm about 220th place on rich list but, it seems this list doesn't include exchanges wallet.

I'm 205, hello neighbour.

But still no stake on my Mac wallet, BC wallet staked again last night. I'm really not so sure that this Mac wallet works.

It's been a week already.
staking works for me in the mac wallet. 3 already confirmed

Can you give more details - having issues with mac wallet.
What OSX you running? What model Mac?

I'm on a 2012 Air with Mavericks and it isn't staking.

Could you clarify your method for staking, roughly how much you have in your wallet?
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] - The WhiteCoin Foundation - Community Planning & Discussion on: May 07, 2014, 03:28:58 PM
                                                                  WhiteCoin Hires PR Firm



   I would like to sart off by saying the WhiteCoin Foundation and convincing investors is to seem formidable, and since this isn't a word most people use in conversation much, I should explain what it means. A formidable person is one who seems like they'll get what they want, regardless of whatever obstacles are in the way. Formidable is close to confident, except that someone could be confident and mistaken. Formidable is roughly justifiably confident.   I am confident in White Coin and so have hired a PR company to run a professional press release for our community.


I am proud to announce the hiring of http://www.massmediadistribution.com/index.php


WRITING: Writing by a team of real journalists and professional writers with many years of experience using media relations strategies, SEO techniques and proper etiquette. Help with strategy and goal setting.

DISTRIBUTION: Worldwide distribution

GUARANTEE: A guarantee that if you are not happy with the response, we will re-write the press release and send it out a second time for free. This is not available without the writing package.

More details can be found here -  http://www.massmediadistribution.com/press-release-writing/51-pr-distribution.html

This world wide distribution package includes a 4-way distribution process.

STEP 1 (Posting Online): In addition to being automatically posted to about 5,000 news sites, they will post our press release to the highly respected MMDNewswire.com service. Our press releases will appear in popular search engines, including Google News. Search engine optimization (SEO), up to five links, and two images are included.


STEP 2 (RSS Syndication): Press releases are sent by RSS (Really Simple Syndication) to popular news sites. All press releases included in their RSS feed are automatically posted to approximately 5,000 popular news sites. This online visibility brings traffic, SEO benefit, and credibility to World Coin news and website.
 

STEP 3 (FTP): They also send our press release to newsrooms and Wire Service by FTP (File Transfer Protocol). The wire services and newsrooms then redistribute the press release to thousands of additional news outlets.
 
STEP 4 (Email): They reach individual journalists by email. Our entire press release is sent to journalists (reporters, editors, etc) that cover the topic of our press release. Journalists at newspapers, magazine, trade journals, and TV and radio stations are constantly in need of story ideas and guests. Their media list contains over 800,000 media contacts. Each press release is sent by itself, not grouped together with other press releases. This feature ensures that our release gets the kind of personal attention from journalists that is so essential. Journalists are much more likely to consider press releases that come directly to them, and as noted above, they very rarely search the internet for story ideas.


I believe this is only the start of a great community and a great coin.



--------  This project is already fully funded by WhiteCoinJesus and if you would like to donate to upcoming projects and to the devs please donate to the addresses below ---------



The Foundation will be accepting donations in Whitecoin, Bitcoin, LiteCoin, and DogeCoin to start this process off. Please donate only to these official donations addresses, there is only one per currency.

WC: WdPskLzGkjXkSns3BgkRF5fW5SveTBS7tR

BTC: 1JN9kVvm1zxgYh3Ki1JNsPFPhcE5FfoyeR

DOGE: D9n7o15LGaJy54gsQtqfgP8MwRCxC7FeCn

LTC: LU7P6BgqPDo1eHzqm2GmPw34HMJVoEe5DV


Please donate to help pay the developers who saved this currency. But most importantly, encourage others to do the same. Tell us how much you donated. Spread the good word on bitcointalk, IRC, twitter, and anywhere else you can think of...

Because this is just the beginning

Best Regards

The WhiteCoin Foundation


Not much to say other than...


12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] - The WhiteCoin Foundation - Community Planning & Discussion on: May 01, 2014, 09:21:08 AM
FUD FUD FUD.
Falling on deaf ears!  Roll Eyes
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ Now in PoS stage ☯ MULTIPOOL: whitecoinpool.com ☯ on: April 28, 2014, 07:16:56 AM
Ignoring the FUD, I've almost doubled my WC stash off of the back of panic selling  Smiley

I know this coin is not a dead cert but you gotta to speculate to accumulate I guess!


Also: this-


Shades of an AltCoin War

There is no question that the last 24-48 hours the AltCoin community, particularly the three "ShadeCoins", White, Dark and Black, have been filled with an incredible amount of both positive and negative energy. There is no question that these three coins are essentially "at war". Having followed the past few days very closely, I wanted to provide my detailed perspective on what has been happening, why, and most importantly, what this means for the future of these coins.

Most of the posts on this particular forum (Whitecoin), those posted in the last 24 hours were in all likelihood SPAM, complete lies posted by people who created brand new accounts on bitcointalk to spread FUD (Fear, Uncertainty, Doubt... Or as I see it "Disruption), in order to capitalize on their own personal cryto-currency goals.

The tactics used however, particularly those used to question the integrity and security of the Whitecoin protocol have been by far the most disappointing.

So... The first point I want to address is:  Why would people do this?

There are two reasons which I see as being the most likely scenarios:

1.) If a person or small group of people can essentially "Mass-Spam" a coin community with disinformation or "lies", those which cannot be confirmed or disproved quickly, a large enough portion of the coin holders who's coins are under this attack (Whitecoin in this case) will be driven into a state of fear, and where there is fear, people sell. A mass exodus of selling causes additional panic, leading to more selling, which drives the price down.

--- So, Why do this?

By driving the price down these Spamers will have the ability to buy the coins at much lower levels.  Once the disinformation they have posted is proved to be false, the coin will then rally back to normal if not far exceeding levels, resulting in huge profits for the attackers.

2.) The other likely reason would be a competing coin's community, users, or even Devs, would attack their competitor with posts to forums, twitter and the like to discredit the coin in hopes to drive them out.

--- Again, Why do this?

There is a limited supply of money being traded in alt-coins. Altcoin creators are essentially all competing for a piece of the same pie. More buyers mean higher prices. By spreading disinformation, uninformed and inexperienced traders will read these posts and see them as being the gospel.  Fear sets in, and they sell.  

Now if you're a trader, particularly a new trader, waiting on the side lines for the right opportunity is no fun.  

Most neophyte traders will likely immediately seek a new place to park their BTC as an investment. Right now, there is no question Blackcoin, Darkcoin, and Whitecoin are in a fierce competition for a limited amount of BTC which is within the exchanges and at play to trade with. Those very BTC are the necessary fuel for any and all growth. Lack of new BTC being fed into an altcoin means stagnation... And traders, particularly the new ones, "must" see action in order to feel they are "in the game".

Thus a coin that meerly churns, meaning no new influx of BTC, will likely trade sideways, resulting in boredom, which psychologically progresses into anxiety. This anxiety, or felling that missed opportunities are passing at every moment as their altcoin investment meerly treads water inevitably leads to selling off and looking for a new and better play.

--- CONSIDER THE FACTS OF WHAT HAS OCCURRED WITH WHITECOIN

The information, or disinformation that has been posted about Whitecoin lacks credibility In my opinion for a number of reasons.

1.) Timing:  The release of this so called "highly critical and important information", information by which caused mass panic, was released to the public in the middle of the night on a Saturday/Sunday. A time most likely when the actual developers would be either asleep or out to dinner, or putting the kids to bed,  and not available to respond to what was being posted.

What professional developer would seriously disseminate important information to his community in the middle of the night on a weekend.  And if so, why would he only do so only on this forum and on twitter, using brand new accounts with little to no posts.  

Lastly, why would he chose not to post this also on his own website?

These factors in terms of timing are the main reason the information these posters provided I find to be highly suspicious and untrue.

2.) Users:  All of the disinformation posted was posted by brand new accounts created within hours of the release of the said information. These users claimed to be a part of the development team.

I consider this also to be highly suspect of foul play.

3.). PoW to PoS Transition:  Whitecoin recently finalized its mining phase, and has now entered into its Proof of Stake phase.  This switch occurred less than 72 hours ago.  

With any major switchover, there were some minor bugs that were immediately resolved.  

New PoS multipools were being set up by pool operators independent of Whitecoin. New pools almost always have things to work out as in a matter of hours the user load increases by huge amounts.

The timing of this suspect information coincided with these minor issues, issues which in fact all coins have faced during a transition phase.  I personally believe the attackers of Whitecoin timed their attack to exploit these minor bugs and add to any already existing stress within the Whitecoin community.

To Note: Most, if not all of these minor issues have since been resolved.

--- REALITY

Whitecoin is now priced at levels that offer unprecedented opportunities to traders. This opportunity has been made available to the entire altcoin community at the expense of those who sold off and likely realized losses in their Whitecoin investments.

The price levels we are seeing right now allow traders to get in at severely undervalued price points and ride the "rocketship" as many coiners call it, as the coin begins to recover.

You have to remember:  Coins like Blackcoin and Darkcoin were both at one point in time worth less than 1000 Satoshis.  Yet these coins managed to skyrocket in value to levels of 90,000 and 500,000 respectively.

The truth is this growth is impossible to sustain.  10,000% returns are now 100% impossible to see again with both Blackcoin and Darkcoin. If you didn't get in weeks ago, I'm sorry you missed the boat.

Whitecoin however is a clearly different story.  

1.) Whitecoin is perhaps the most publicized and rapidly accepted altcoin to hit the exchanges in months.  Within a few weeks time it had been added to virtually all of the major exchanges, as well as listed on BitcoinWisdom. This alone is unprecedented.

2.) Whitecoin is the only one of the three "shadecoins", that being White, Dark, Black; that can actually grow by leaps and bounds. 1000%, 10,000%, 50,000% is certainly possible. This is what both Blackcoin and Darkcoin were able to achieve, but have since fallen considerably and become less attractive to the investment community. Whitecoin is the new kid on the block, he's gotten a lot of attention recently, and the other 2 shades aren't too happy their values have since been dropping as Whitecoin sucked up a lot of the volume and Market Cap.

Now considering all three of these coins are speculative investments; as are ALL altcoins, there being still no mainstream acceptance in terms of being used as a payment method, you have to ask yourself this question...

--- Why invest in any altcoin?

- If you are investing in altcoins for the mere point of being a part of a world changing shift of how money is treated and transacted, invest in coins you see as having unique features or philanthropic aspects which appeal to your personal aspirations. You aren't in this for the money. You want to change the world. Honestly, I applaud you.

- If you are investing and trading to make money, and capitalize on as much value growth as possible resulting in huge returns, you should be looking for oversold, underpriced options.

These coins will be the ones that go from 700 to 250,000 and make you rich.  A coin like Darkcoin would have to rise at its current price by a factor of 250 times to see the same growth... Growth that is a very real possibility with Whitecoin. That means that Darkcoin would have to near reach the price of Bitcoin. Personally, I do not see that as being even the most remote possibility.

MY CONCLUSION

 The Blackcoin and Darkcoin ships have sailed. They made people who got in early and held for the months it took for the coin to go from 1000 to astronomical levels very rich.  Blackcoin in particular took roughly 32 days to move from its final 900 level to 90,000.  32 days. It takes time. Those that bought and held, I am sure are now buying very nice houses.

The past 24 hours have been filled with garbage posts which have no reliable information and lack integrity from all angles.

Whitecoin in my opinion is the next player in what I refer to as HyperGrowth Capitalization. Growth that will make millionaires out of ordinary people. It may take 32 days as it did with Blackcoin, or even longer as in the case of Darkcoin. If you remember Bitcoin took years. However,  It is the only coin as of right now that has the realistic potential to see such gains.  It has a strong community.  It's developers are actively engaged in promoting and advancing the coin into the future.  It's incredibly oversold on bad information. I wish I had more BTC to buy in.

But only time will tell. Don't take my words for the holy grail. But also don't listen to most of the negative  information you will likely find on the Whitecoin board. Do research. Be a smart investor. Don't risk what you can't afford to lose.

You can follow me on Twitter @Stratobitz   I frequently post tips on what's breaking out, as well as what I feel is likely to correct or crash.

Please reply +1 if you enjoyed this... To keep it up in the thread listing.

Best of luck to all.

Strato



AND this...



ANNOUNCEMENT FROM THE WHITECOIN FOUNDATION TRANSITION TEAM

I couldn't be happier to deliver this news to you: Our team and the creators of WhiteCoin have reached an agreement in principal to turn control over to a community driven foundation.

To transition us into this process, I have been grated temporary control as acting lead on The WhiteCoin Project. Our team will issue a followup statement tonight with a proposed initial roadmap as to how the community can accomplish this.

REGARDING THE UPDATE

As many have already seen, proposed updates have been added to github regarding whitecoin. https://github.com/Whitecoiner/Whitecoin

This fix was coded by the creator of WhiteCoin, and we now offer it for public peer review.

I would like to thank the innumerable skilled people who have stepped forward to help us vet the code behind the scenes as well.

This is a great day for our community. Stay tuned to learn about some very exciting plans.

With thanks,

Chris Salsman

(mogonzo)
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ Now in PoS stage ☯ MULTIPOOL: whitecoinpool.com ☯ on: April 27, 2014, 10:11:00 PM
This thread

15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ Now in PoS stage ☯ MULTIPOOL: whitecoinpool.com ☯ on: April 27, 2014, 08:40:21 PM
ANNOUNCEMENT FROM THE WHITECOIN FOUNDATION TRANSITION TEAM

I couldn't be happier to deliver this news to you: Our team and the creators of WhiteCoin have reached an agreement in principal to turn control over to a community driven foundation.

To transition us into this process, I have been grated temporary control as acting lead on The WhiteCoin Project. Our team will issue a followup statement tonight with a proposed initial roadmap as to how the community can accomplish this.

REGARDING THE UPDATE

As many have already seen, proposed updates have been added to github regarding whitecoin. https://github.com/Whitecoiner/Whitecoin

This fix was coded by the creator of WhiteCoin, and we now offer it for public peer review.

I would like to thank the innumerable skilled people who have stepped forward to help us vet the code behind the scenes as well.

This is a great day for our community. Stay tuned to learn about some very exciting plans.

With thanks,

Chris Salsman

(mogonzo)

Great news, I have tweeted this to #whitecoin
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ Now in PoS stage ☯ MULTIPOOL: whitecoinpool.com ☯ on: April 27, 2014, 08:09:28 PM

Thanks. Feel free to post freely.

You can link and tweet to the master post here:  
https://bitcointalk.org/index.php?topic=587017.msg6426664#msg6426664

Have tweeted and followed, cheers!
@existcreative
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ Now in PoS stage ☯ MULTIPOOL: whitecoinpool.com ☯ on: April 27, 2014, 07:58:06 PM


Shades of an AltCoin War

There is no question that the last 24-48 hours the AltCoin community, particularly the three "ShadeCoin", White, Dark and Black, have been filled with an incredible amount of both positive and negative energy. There is no question that these three coins are essentially "at war". Having followed the past few days very closely, I wanted to provide my detailed perspective on what has been happening, why, and most importantly, what this means for the future of these coins.

Most of the posts on this particular forum (Whitecoin), those posted in the last 24 hours were in all likelihood SPAM, complete lies posted by people who created brand new accounts on bitcointalk to spread FUD (Fear, Uncertainty, Doubt... Or as I see it "Disruption), in order to capitalize on their own personal cryto-currency goals.

The tactics used however, particularly those used to question the integrity and security of the Whitecoin protocol have been by far the most disappointing.

So... The first point I want to address is:  Why would people do this?

There are two reasons which I see as being the most likely scenarios:

1.) If a person or small group of people can essentially "Mass-Spam" a coin community with disinformation or "lies", those which cannot be confirmed or disproved quickly, a large enough portion of the coin holders who's coins are under this attack (Whitecoin in this case) will be driven into a state of fear, and where there is fear, people sell. A mass exodus of selling causes additional panic, leading to more selling, which drives the price down.

--- So, Why do this?

By driving the price down these Spamers will have the ability to buy the coins at much lower levels.  Once the disinformation they have posted is proved to be false, the coin will then rally back to normal if not far exceeding levels, resulting in huge profits for the attackers.

2.) The other likely reason would be a competing coin's community, users, or even Devs, would attack their competitor with posts to forums, twitter and the like to discredit the coin in hopes to drive them out.

--- Again, Why do this?

There is a limited supply of money being traded in alt-coins. Altcoin creators are essentially all competing for a piece of the same pie. More buyers mean higher prices. By spreading disinformation, uninformed and inexperienced traders will read these posts and see them as being the gospel.  Fear sets in, and they sell.  

Now if you're a trader, particularly a new trader, waiting on the side lines for the right opportunity is no fun.  

Most neophyte traders will likely immediately seek a new place to park their BTC as an investment. Right now, there is no question Blackcoin, Darkcoin, and Whitecoin are in a fierce competition for a limited amount of BTC which is within the exchanges and at play to trade with. Those very BTC are the necessary fuel for any and all growth. Lack of new BTC being fed into an altcoin means stagnation... And traders, particularly the new ones, "must" see action in order to feel they are "in the game".

Thus a coin that meerly churns, meaning no new influx of BTC, will likely trade sideways, resulting in boredom, which psychologically progresses into anxiety. This anxiety, or felling that missed opportunities are passing at every moment as their altcoin investment meerly treads water inevitably leads to selling off and looking for a new and better play.

--- CONSIDER THE FACTS OF WHAT HAS OCCURRED WITH WHITECOIN

The information, or disinformation that has been posted about Whitecoin lacks credibility In my opinion for a number of reasons.

1.) Timing:  The release of this so called "highly critical and important information", information by which caused mass panic, was released to the public in the middle of the night on a Saturday/Sunday. A time most likely when the actual developers would be either asleep or out to dinner, or putting the kids to bed,  and not available to respond to what was being posted.

What professional developer would seriously disseminate important information to his community in the middle of the night on a weekend.  And if so, why would he only do so only on this forum and on twitter, using brand new accounts with little to no posts.  

Lastly, why would he chose not to post this also on his own website?

These factors in terms of timing are the main reason the information these posters provided I find to be highly suspicious and untrue.

2.) Users:  All of the disinformation posted was posted by brand new accounts created within hours of the release of the said information. These users claimed to be a part of the development team.

I consider this also to be highly suspect of foul play.

3.). PoW to PoS Transition:  Whitecoin recently finalized its mining phase, and has now entered into its Proof of Stake phase.  This switch occurred less than 72 hours ago.  

With any major switchover, there were some minor bugs that were immediately resolved.  

New PoS multipools were being set up by pool operators independent of Whitecoin. New pools almost always have things to work out as in a matter of hours the user load increases by huge amounts.

The timing of this suspect information coincided with these minor issues, issues which in fact all coins have faced during a transition phase.  I personally believe the attackers of Whitecoin timed their attack to exploit these minor bugs and add to any already existing stress within the Whitecoin community.

To Note: Most, if not all of these minor issues have since been resolved.

--- REALITY

Whitecoin is now priced at levels that offer unprecedented opportunities to traders. This opportunity has been made available to the entire altcoin community at the expense of those who sold off and likely realized losses in their Whitecoin investments.

The price levels we are seeing right now allow traders to get in at severely undervalued price points and ride the "rocketship" as many coiners call it, as the coin begins to recover.

You have to remember:  Coins like Blackcoin and Darkcoin were both at one point in time worth less than 1000 Satoshis.  Yet these coins managed to skyrocket in value to levels of 90,000 and 500,000 respectively.

The truth is this growth is impossible to sustain.  10,000% returns are now 100% impossible to see again with both Blackcoin and Darkcoin. If you didn't get in weeks ago, I'm sorry you missed the boat.

Whitecoin however is a clearly different story.  

1.) Whitecoin is perhaps the most publicized and rapidly accepted altcoin to hit the exchanges in months.  Within a few weeks time it had been added to virtually all of the major exchanges, as well as listed on BitcoinWisdom. This alone is unprecedented.

2.) Whitecoin is the only one of the three "shadecoins", that being White, Dark, Black; that can actually grow by leaps and bounds. 1000%, 10,000%, 50,000% is certainly possible. This is what both Blackcoin and Darkcoin were able to achieve, but have since fallen considerably and become less attractive to the investment community. Whitecoin is the new kid on the block, he's gotten a lot of attention recently, and the other 2 shades aren't too happy their values have since been dropping as Whitecoin sucked up a lot of the volume and Market Cap.

Now considering all three of these coins are speculative investments; as are ALL altcoins, there being still no mainstream acceptance in terms of being used as a payment method, you have to ask yourself this question...

--- Why invest in any altcoin?

- If you are investing in altcoins for the mere point of being a part of a world changing shift of how money is treated and transacted, invest in coins you see as having unique features or philanthropic aspects which appeal to your personal aspirations. You aren't in this for the money. You want to change the world. Honestly, I applaud you.

- If you are investing and trading to make money, and capitalize on as much value growth as possible resulting in huge returns, you should be looking for oversold, underpriced options.

These coins will be the ones that go from 700 to 250,000 and make you rich.  A coin like Darkcoin would have to rise at its current price by a factor of 250 times to see the same growth... Growth that is a very real possibility with Whitecoin. That means that Darkcoin would have to near reach the price of Bitcoin. Personally, I do not see that as being even the most remote possibility.

MY CONCLUSION

 The Blackcoin and Darkcoin ships have sailed. They made people who got in early and held for the months it took for the coin to go from 1000 to astronomical levels very rich.  Blackcoin in particular took roughly 32 days to move from its final 900 level to 90,000.  32 days. It takes time. Those that bought and held, I am sure are now buying very nice houses.

The past 24 hours have been filled with garbage posts which have no reliable information and lack integrity from all angles.

Whitecoin in my opinion is the next player in what I refer to as HyperGrowth Capitalization. Growth that will make millionaires out of ordinary people. It may take 32 days as it did with Blackcoin, or even longer as in the case of Darkcoin. If you remember Bitcoin took years. However,  It is the only coin as of right now that has the realistic potential to see such gains.  It has a strong community.  It's developers are actively engaged in promoting and advancing the coin into the future.  It's incredibly oversold on bad information. I wish I had more BTC to buy in.

But only time will tell. Don't take my words for the holy grail. But also don't listen to most of the negative  information you will likely find on the Whitecoin board. Do research. Be a smart investor. Don't risk what you can't afford to lose.

You can follow me on Twitter @Stratobitz   I frequently post tips on what's breaking out, as well as what I feel is likely to correct or crash.

Best of luck to all.

Strato
[/size]

Good post. Don't forget CinniCoin too. I own BC, WC, and CINNI. If you like the PoS technology, the only safe play is to own several PoS coins, because we really don't know which of them will succeed or fail in the long term.

Second CINNI - I grew 0.5 to 1BTC off of that first rise, got in just in time - it's a good coin with a promising future.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ Now in PoS stage ☯ MULTIPOOL: whitecoinpool.com ☯ on: April 27, 2014, 07:43:38 PM


Shades of an AltCoin War

There is no question that the last 24-48 hours the AltCoin community, particularly the three "ShadeCoin", White, Dark and Black, have been filled with an incredible amount of both positive and negative energy. There is no question that these three coins are essentially "at war". Having followed the past few days very closely, I wanted to provide my detailed perspective on what has been happening, why, and most importantly, what this means for the future of these coins.

Most of the posts on this particular forum (Whitecoin), those posted in the last 24 hours were in all likelihood SPAM, complete lies posted by people who created brand new accounts on bitcointalk to spread FUD (Fear, Uncertainty, Doubt... Or as I see it "Disruption), in order to capitalize on their own personal cryto-currency goals.

The tactics used however, particularly those used to question the integrity and security of the Whitecoin protocol have been by far the most disappointing.

So... The first point I want to address is:  Why would people do this?

There are two reasons which I see as being the most likely scenarios:

1.) If a person or small group of people can essentially "Mass-Spam" a coin community with disinformation or "lies", those which cannot be confirmed or disproved quickly, a large enough portion of the coin holders who's coins are under this attack (Whitecoin in this case) will be driven into a state of fear, and where there is fear, people sell. A mass exodus of selling causes additional panic, leading to more selling, which drives the price down.

--- So, Why do this?

By driving the price down these Spamers will have the ability to buy the coins at much lower levels.  Once the disinformation they have posted is proved to be false, the coin will then rally back to normal if not far exceeding levels, resulting in huge profits for the attackers.

2.) The other likely reason would be a competing coin's community, users, or even Devs, would attack their competitor with posts to forums, twitter and the like to discredit the coin in hopes to drive them out.

--- Again, Why do this?

There is a limited supply of money being traded in alt-coins. Altcoin creators are essentially all competing for a piece of the same pie. More buyers mean higher prices. By spreading disinformation, uninformed and inexperienced traders will read these posts and see them as being the gospel.  Fear sets in, and they sell.  

Now if you're a trader, particularly a new trader, waiting on the side lines for the right opportunity is no fun.  

Most neophyte traders will likely immediately seek a new place to park their BTC as an investment. Right now, there is no question Blackcoin, Darkcoin, and Whitecoin are in a fierce competition for a limited amount of BTC which is within the exchanges and at play to trade with. Those very BTC are the necessary fuel for any and all growth. Lack of new BTC being fed into an altcoin means stagnation... And traders, particularly the new ones, "must" see action in order to feel they are "in the game".

Thus a coin that meerly churns, meaning no new influx of BTC, will likely trade sideways, resulting in boredom, which psychologically progresses into anxiety. This anxiety, or felling that missed opportunities are passing at every moment as their altcoin investment meerly treads water inevitably leads to selling off and looking for a new and better play.

--- CONSIDER THE FACTS OF WHAT HAS OCCURRED WITH WHITECOIN

The information, or disinformation that has been posted about Whitecoin lacks credibility In my opinion for a number of reasons.

1.) Timing:  The release of this so called "highly critical and important information", information by which caused mass panic, was released to the public in the middle of the night on a Saturday/Sunday. A time most likely when the actual developers would be either asleep or out to dinner, or putting the kids to bed,  and not available to respond to what was being posted.

What professional developer would seriously disseminate important information to his community in the middle of the night on a weekend.  And if so, why would he only do so only on this forum and on twitter, using brand new accounts with little to no posts.  

Lastly, why would he chose not to post this also on his own website?

These factors in terms of timing are the main reason the information these posters provided I find to be highly suspicious and untrue.

2.) Users:  All of the disinformation posted was posted by brand new accounts created within hours of the release of the said information. These users claimed to be a part of the development team.

I consider this also to be highly suspect of foul play.

3.). PoW to PoS Transition:  Whitecoin recently finalized its mining phase, and has now entered into its Proof of Stake phase.  This switch occurred less than 72 hours ago.  

With any major switchover, there were some minor bugs that were immediately resolved.  

New PoS multipools were being set up by pool operators independent of Whitecoin. New pools almost always have things to work out as in a matter of hours the user load increases by huge amounts.

The timing of this suspect information coincided with these minor issues, issues which in fact all coins have faced during a transition phase.  I personally believe the attackers of Whitecoin timed their attack to exploit these minor bugs and add to any already existing stress within the Whitecoin community.

To Note: Most, if not all of these minor issues have since been resolved.

--- REALITY

Whitecoin is now priced at levels that offer unprecedented opportunities to traders. This opportunity has been made available to the entire altcoin community at the expense of those who sold off and likely realized losses in their Whitecoin investments.

The price levels we are seeing right now allow traders to get in at severely undervalued price points and ride the "rocketship" as many coiners call it, as the coin begins to recover.

You have to remember:  Coins like Blackcoin and Darkcoin were both at one point in time worth less than 1000 Satoshis.  Yet these coins managed to skyrocket in value to levels of 90,000 and 500,000 respectively.

The truth is this growth is impossible to sustain.  10,000% returns are now 100% impossible to see again with both Blackcoin and Darkcoin. If you didn't get in weeks ago, I'm sorry you missed the boat.

Whitecoin however is a clearly different story.  

1.) Whitecoin is perhaps the most publicized and rapidly accepted altcoin to hit the exchanges in months.  Within a few weeks time it had been added to virtually all of the major exchanges, as well as listed on BitcoinWisdom. This alone is unprecedented.

2.) Whitecoin is the only one of the three "shadecoins", that being White, Dark, Black; that can actually grow by leaps and bounds. 1000%, 10,000%, 50,000% is certainly possible. This is what both Blackcoin and Darkcoin were able to achieve, but have since fallen considerably and become less attractive to the investment community. Whitecoin is the new kid on the block, he's gotten a lot of attention recently, and the other 2 shades aren't too happy their values have since been dropping as Whitecoin sucked up a lot of the volume and Market Cap.

Now considering all three of these coins are speculative investments; as are ALL altcoins, there being still no mainstream acceptance in terms of being used as a payment method, you have to ask yourself this question...

--- Why invest in any altcoin?

- If you are investing in altcoins for the mere point of being a part of a world changing shift of how money is treated and transacted, invest in coins you see as having unique features or philanthropic aspects which appeal to your personal aspirations. You aren't in this for the money. You want to change the world. Honestly, I applaud you.

- If you are investing and trading to make money, and capitalize on as much value growth as possible resulting in huge returns, you should be looking for oversold, underpriced options.

These coins will be the ones that go from 700 to 250,000 and make you rich.  A coin like Darkcoin would have to rise at its current price by a factor of 250 times to see the same growth... Growth that is a very real possibility with Whitecoin. That means that Darkcoin would have to near reach the price of Bitcoin. Personally, I do not see that as being even the most remote possibility.

MY CONCLUSION

 The Blackcoin and Darkcoin ships have sailed. They made people who got in early and held for the months it took for the coin to go from 1000 to astronomical levels very rich.  Blackcoin in particular took roughly 32 days to move from its final 900 level to 90,000.  32 days. It takes time. Those that bought and held, I am sure are now buying very nice houses.

The past 24 hours have been filled with garbage posts which have no reliable information and lack integrity from all angles.

Whitecoin in my opinion is the next player in what I refer to as HyperGrowth Capitalization. Growth that will make millionaires out of ordinary people. It may take 32 days as it did with Blackcoin, or even longer as in the case of Darkcoin. If you remember Bitcoin took years. However,  It is the only coin as of right now that has the realistic potential to see such gains.  It has a strong community.  It's developers are actively engaged in promoting and advancing the coin into the future.  It's incredibly oversold on bad information. I wish I had more BTC to buy in.

But only time will tell. Don't take my words for the holy grail. But also don't listen to most of the negative  information you will likely find on the Whitecoin board. Do research. Be a smart investor. Don't risk what you can't afford to lose.

You can follow me on Twitter @Stratobitz   I frequently post tips on what's breaking out, as well as what I feel is likely to correct or crash.

Best of luck to all.

Strato
[/size]

Not much to add other than...



Wow thanks best response thus far! Glad you found it informative.

Very concise and to the point - you have a great ability for seeing the bigger picture.
I'm glad I ignored the FUD and held onto my coins, even bought more at a bargain price.

I am also sick of all the childish squabbling on this forum - it really makes a mockery of the whole altcoin industry.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ Now in PoS stage ☯ MULTIPOOL: whitecoinpool.com ☯ on: April 27, 2014, 07:36:54 PM


Shades of an AltCoin War

There is no question that the last 24-48 hours the AltCoin community, particularly the three "ShadeCoin", White, Dark and Black, have been filled with an incredible amount of both positive and negative energy. There is no question that these three coins are essentially "at war". Having followed the past few days very closely, I wanted to provide my detailed perspective on what has been happening, why, and most importantly, what this means for the future of these coins.

Most of the posts on this particular forum (Whitecoin), those posted in the last 24 hours were in all likelihood SPAM, complete lies posted by people who created brand new accounts on bitcointalk to spread FUD (Fear, Uncertainty, Doubt... Or as I see it "Disruption), in order to capitalize on their own personal cryto-currency goals.

The tactics used however, particularly those used to question the integrity and security of the Whitecoin protocol have been by far the most disappointing.

So... The first point I want to address is:  Why would people do this?

There are two reasons which I see as being the most likely scenarios:

1.) If a person or small group of people can essentially "Mass-Spam" a coin community with disinformation or "lies", those which cannot be confirmed or disproved quickly, a large enough portion of the coin holders who's coins are under this attack (Whitecoin in this case) will be driven into a state of fear, and where there is fear, people sell. A mass exodus of selling causes additional panic, leading to more selling, which drives the price down.

--- So, Why do this?

By driving the price down these Spamers will have the ability to buy the coins at much lower levels.  Once the disinformation they have posted is proved to be false, the coin will then rally back to normal if not far exceeding levels, resulting in huge profits for the attackers.

2.) The other likely reason would be a competing coin's community, users, or even Devs, would attack their competitor with posts to forums, twitter and the like to discredit the coin in hopes to drive them out.

--- Again, Why do this?

There is a limited supply of money being traded in alt-coins. Altcoin creators are essentially all competing for a piece of the same pie. More buyers mean higher prices. By spreading disinformation, uninformed and inexperienced traders will read these posts and see them as being the gospel.  Fear sets in, and they sell.  

Now if you're a trader, particularly a new trader, waiting on the side lines for the right opportunity is no fun.  

Most neophyte traders will likely immediately seek a new place to park their BTC as an investment. Right now, there is no question Blackcoin, Darkcoin, and Whitecoin are in a fierce competition for a limited amount of BTC which is within the exchanges and at play to trade with. Those very BTC are the necessary fuel for any and all growth. Lack of new BTC being fed into an altcoin means stagnation... And traders, particularly the new ones, "must" see action in order to feel they are "in the game".

Thus a coin that meerly churns, meaning no new influx of BTC, will likely trade sideways, resulting in boredom, which psychologically progresses into anxiety. This anxiety, or felling that missed opportunities are passing at every moment as their altcoin investment meerly treads water inevitably leads to selling off and looking for a new and better play.

--- CONSIDER THE FACTS OF WHAT HAS OCCURRED WITH WHITECOIN

The information, or disinformation that has been posted about Whitecoin lacks credibility In my opinion for a number of reasons.

1.) Timing:  The release of this so called "highly critical and important information", information by which caused mass panic, was released to the public in the middle of the night on a Saturday/Sunday. A time most likely when the actual developers would be either asleep or out to dinner, or putting the kids to bed,  and not available to respond to what was being posted.

What professional developer would seriously disseminate important information to his community in the middle of the night on a weekend.  And if so, why would he only do so only on this forum and on twitter, using brand new accounts with little to no posts.  

Lastly, why would he chose not to post this also on his own website?

These factors in terms of timing are the main reason the information these posters provided I find to be highly suspicious and untrue.

2.) Users:  All of the disinformation posted was posted by brand new accounts created within hours of the release of the said information. These users claimed to be a part of the development team.

I consider this also to be highly suspect of foul play.

3.). PoW to PoS Transition:  Whitecoin recently finalized its mining phase, and has now entered into its Proof of Stake phase.  This switch occurred less than 72 hours ago.  

With any major switchover, there were some minor bugs that were immediately resolved.  

New PoS multipools were being set up by pool operators independent of Whitecoin. New pools almost always have things to work out as in a matter of hours the user load increases by huge amounts.

The timing of this suspect information coincided with these minor issues, issues which in fact all coins have faced during a transition phase.  I personally believe the attackers of Whitecoin timed their attack to exploit these minor bugs and add to any already existing stress within the Whitecoin community.

To Note: Most, if not all of these minor issues have since been resolved.

--- REALITY

Whitecoin is now priced at levels that offer unprecedented opportunities to traders. This opportunity has been made available to the entire altcoin community at the expense of those who sold off and likely realized losses in their Whitecoin investments.

The price levels we are seeing right now allow traders to get in at severely undervalued price points and ride the "rocketship" as many coiners call it, as the coin begins to recover.

You have to remember:  Coins like Blackcoin and Darkcoin were both at one point in time worth less than 1000 Satoshis.  Yet these coins managed to skyrocket in value to levels of 90,000 and 500,000 respectively.

The truth is this growth is impossible to sustain.  10,000% returns are now 100% impossible to see again with both Blackcoin and Darkcoin. If you didn't get in weeks ago, I'm sorry you missed the boat.

Whitecoin however is a clearly different story.  

1.) Whitecoin is perhaps the most publicized and rapidly accepted altcoin to hit the exchanges in months.  Within a few weeks time it had been added to virtually all of the major exchanges, as well as listed on BitcoinWisdom. This alone is unprecedented.

2.) Whitecoin is the only one of the three "shadecoins", that being White, Dark, Black; that can actually grow by leaps and bounds. 1000%, 10,000%, 50,000% is certainly possible. This is what both Blackcoin and Darkcoin were able to achieve, but have since fallen considerably and become less attractive to the investment community. Whitecoin is the new kid on the block, he's gotten a lot of attention recently, and the other 2 shades aren't too happy their values have since been dropping as Whitecoin sucked up a lot of the volume and Market Cap.

Now considering all three of these coins are speculative investments; as are ALL altcoins, there being still no mainstream acceptance in terms of being used as a payment method, you have to ask yourself this question...

--- Why invest in any altcoin?

- If you are investing in altcoins for the mere point of being a part of a world changing shift of how money is treated and transacted, invest in coins you see as having unique features or philanthropic aspects which appeal to your personal aspirations. You aren't in this for the money. You want to change the world. Honestly, I applaud you.

- If you are investing and trading to make money, and capitalize on as much value growth as possible resulting in huge returns, you should be looking for oversold, underpriced options.

These coins will be the ones that go from 700 to 250,000 and make you rich.  A coin like Darkcoin would have to rise at its current price by a factor of 250 times to see the same growth... Growth that is a very real possibility with Whitecoin. That means that Darkcoin would have to near reach the price of Bitcoin. Personally, I do not see that as being even the most remote possibility.

MY CONCLUSION

 The Blackcoin and Darkcoin ships have sailed. They made people who got in early and held for the months it took for the coin to go from 1000 to astronomical levels very rich.  Blackcoin in particular took roughly 32 days to move from its final 900 level to 90,000.  32 days. It takes time. Those that bought and held, I am sure are now buying very nice houses.

The past 24 hours have been filled with garbage posts which have no reliable information and lack integrity from all angles.

Whitecoin in my opinion is the next player in what I refer to as HyperGrowth Capitalization. Growth that will make millionaires out of ordinary people. It may take 32 days as it did with Blackcoin, or even longer as in the case of Darkcoin. If you remember Bitcoin took years. However,  It is the only coin as of right now that has the realistic potential to see such gains.  It has a strong community.  It's developers are actively engaged in promoting and advancing the coin into the future.  It's incredibly oversold on bad information. I wish I had more BTC to buy in.

But only time will tell. Don't take my words for the holy grail. But also don't listen to most of the negative  information you will likely find on the Whitecoin board. Do research. Be a smart investor. Don't risk what you can't afford to lose.

You can follow me on Twitter @Stratobitz   I frequently post tips on what's breaking out, as well as what I feel is likely to correct or crash.

Best of luck to all.

Strato
[/size]

Not much to add other than...

20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | ☯ Now in PoS stage ☯ MULTIPOOL: whitecoinpool.com ☯ on: April 27, 2014, 07:02:12 PM

I knew there was a reason I sifted through 10 pages of childish squabbling!

Thank you! I for one appreciate all the work being done to get things back on track.  Smiley



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