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The coin is going to be pumped to new highs.
Now it is still excellent opportunity for the trolls out there start closing the short positions and start longing WDC.
The next target for the marketcap is 100 000 000 USD.
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Hello,
What are your thoughts on the coin(s) that have unlimited money supply? Discuss!!!
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The WorldCoin is moving nicely.
This digital Gem has defitenely all the opportunities ahead.
The target price is 0.077 BTC but honestly I believe we go beyond this.
Why?
The answear: People start dumping bitcoin as they note the superiority of WorldCoin and the WorldCoin owners know this - they will not be so much willing to trade their precious WDCs for bitcoins.
Bitcoin is good but it just takes eternity to get even the first confirmation. Therefore there is a threath in bitcoin for merchants is chargeback. With WDC there is no this kind of threath and therefore WorldCoin is going to take the cryptoworld over.
There are faster coins than WDC, why they are not good? The answear: They leave tons of orphan blocks and therefore their network is extremely vulnerable.
WorldCoin has fixed money supply and only 15 % of the coins are minted so you guys are relatively early adopters if you jump in the wagoon right now.
There is extremely bright future with the coin.
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Hello,
Now let us put out some facts here.
As I am writing this article, bitcoins are mined 12,425,475 coins. The total coin supply is 21,000,000 BitCoins. This means, roughly 60 % of the coins have been mined already and only 40 % is left.
Given the fact that the mining hardware/mining contracts are quite expensive together with the rising difficulty I see the long term future of bitcoin very dark.
BitCoin has been marketed that the transactions are very cheap compared with Credit Cards or traditional bankwire charges (which are always charged from the buyer in form of higher price). People are not used to donate too much when they buy things. In general, people are stingy.
If some of them donates or, let's say everybody is forced to donate, it brings the total buying cost up. Then there is really no reason to use BitCoins instead of regular fiat money.
To be honest, I am worried about the future of BitCoin. This worry lead me to altcoins.
Here is my story, I have always been worried in inflation and governement. Before btc I was in gold and silver. Now as I have studied bitcoin a little deeper, I became really cautious and fearful.
In BitCoin I love the limited money supply, it is just awesome. However, I am not seeing long future for BTC anymore. It has been good more or less from 2009 despite some downs along the way.
This fear of the death of BTC lead me to find another crypto (cryptocoins are the future - but never the first invention in technology will be the final solution). I studied a few worth of studying - I did not study them all (I guess the total number of different coins is 100 roughly).
I found in my research WorldCoin. I bought some, actually I have a large bag with WDC. I see it will be taking the place of WDC as the ultimate crypto as long as its mining is not profitable anymore. Then I will search another crypto but until this, I think the transition should take place. I might be a little bit early but I wanted the best price and the price is good now. WDC has proven to take a lot of hits - it is firm currency, the first confirmation takes only 30 seconds (so the possibility of violent maluse is minimal). The transaction is fully confirmed within 60 seconds only.
The money supply is fixed, 265,420,800 coins totally. Only roughly 15 % of the coins are mined already so the future of this coin is quite bright for several years from now. The blockreward is lowering 1 % on weekly basis.
I came to tell this because I am truly worried about the future of BitCoin, of course also my own benefit (I am not doing just favors for free), but to choose the best altcoin is for the benefit for everybody.
I hope my thread will help You in Your transition to the next phase.
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The following writing is written by nick JamesBond on worldcoinforum.
Accusation # 1: Coin is premined
BitCoin is also premined. They claim Satoshi Nakamoto has 1 000 000 BTC mined - nobody scream BTC is a scam coin because of this. The relevant issue is the total number of coins minted, not the issue who has the coins. In this sense I would call coins like Doge a scamcoin because they announced the coin is infinite like Federal Reserve Toilet Paper (=USD). WorldCoin is extremely scarce coin and due to this scarcity it will go up in value. However, there are ups and downs along the way.
Accusation # 2: Scharmbeck or UNOCS
Many people claim Scharbeck equals to WDC. This is as ridiculous claim as claiming bitcoinstore.com equals to BitCoin, or Mt Gox equals to BitCoin or Credit Suisse equals to dollar.
Scharmbeck as well as these other mentioned institutions refers to services to these communities. It can be agreed that Scharmbeck would have changed the game in WorldCoin and drove the price to at least 0.077 BTC. These people accusing WorldCoin as a scamcoin are mainly the ones who do not own significiantly WorldCoins but Scharmbeck fee shares instead. They should not accuse WDC to be a scam but themselves. It is easy to search for external wictims when the one to whom blaim goes to is the investor itself.
It is not the fault of WorldCoin that there are some potential fraudsters among us.
Grow up and buy some WorldCoins and do not sell them when the price rises a little or drops. Just hold them in your wallet and slowly slowly increase your piece from the WDC-pie.
Accusation # 3: Volatility
WorldCoin is a young attempt to make the world better place. It is a young coin as well as even bitcoin is relatively young. There are some large coin holders, who may have to buy real estates/repay mortgages, buy groceries etc. This causes selling pressure once and while. These are not a threat for the coin holders but opportunities to buy more.
My recommendation for you: go to work, earn money, put the money you are able to loose to WorldCoins. Buy on daily basis. When the coin is high you get less coins (but you still get a larger portion of the coins there are in circulation) and when it is down, you get more coins for your money (you get even a little larger portion of total number of coins in circulation).
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Hello,
As many of You have probably heard, WorldCoin price seem to be stabilized.
The price have went down around 80 % from the ATH.
A lot of bad things has happened but the coin is still alive and well.
The coin itself is still giving the first confirmation within 30 seconds only.
It is just enough for merchants to accept the coin.
The coin supply rate is dropping by 1 % weekly - this supports the stable growth in the exchange rates of the coin.
I am not recommending this coin for the short term though - as anybody who has studied economics in university knows, the exchange rate of money is determined by the relative money supply.
Therefore the relative money supply between BitCoin and WorldCoin is 0.077 BTC. This is the long term minimum rate the coin is going to hit.
As the other big currency gives a merchant 10 minutes from the transaction the confirmation, WorldCoin gives it in 30 seconds only - therefore it is realistic to expect that over long time, WDC's market cap will exceed all the other cryptocoins.
Best regards,
Jomppe
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...Buying WorldCoins.
Here are the arguments
1) fully confirmed transactions of max. 60 seconds instead of several hour with bitcoins (like I had today with 0.005 BTC fee because the transfer was important to me - I was about to buy WorldCoins).
2) Good name
3) Very strong community
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Dear fellow crypto community,
Beneliath has made a statement that there is no intention to close Scharmbeck.
There are just a few unexpected problems and they are being fixed.
I am sorry for those of you who has been taking huge losses with this, but it is investing. You need to make decisions on your own to invest or not to invest.
There is no declaration to close Scharmbeck.
Even it is not in the best interest of developers - they have spent hours of developing the service, why should it be closed before opened?
I ask you to calm down and start hoarding worldcoins again - why not, they are cheap.
Scharmbeck shares I have no idea because they are not real equity (they are the shares to SBFS income only).
Even WDC is a coin and Scharmbeck is a service.
Personally I have 0 shares but tons of WDC (the price is so low right now).
WorldCoin is still on its way to the moon.
Let's join in the rally.
The foundation is restructurated, but even without the foundation WDC has lowest confirmation times so it is excellent virtual coin.
The new leadership will take WDC to the next level.
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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?
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 Who would have believed it will happen! Now it really seems the Doge will not die any time soon. The price has restarted climbing to the moon... Now it is early stage to rise to the wagoon!! Choo choo!!!
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Now it is excellent time to start dumping the Dogecoins which are jokes and focus on the real thing - WorldCoin.
The future of WDC is brighter than the sun in our solar system, the price has potential to go beyond Orion and the coin is even better than any giants - even BTC not to mention USD.
There is 10 trillion USD in circulation currently, this gives the WDC the conservative target price of 37 000 dollars each so it doesn't really matter whether you pay your coins for 0,5 USD, 5 USD, 50 USD, 500 USD or 5000 USD because each of these sums it is quite save and riskless to purchase the coins.
As long as the coin is below 37 000 USD per coin, I suggest you to regularly buy more coins and do not sell them - just spend them when the tarding is done with WDC only.
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Here are some facts and estimates on WDC Expected value.
I want to be really conservative so not to create any kind of the hype to the markets.
USA total money supply is 10 000 000 000 000 dollars.
The maximum number of WDC 265,420,800 coins.
If we assume that the WDC takes the market share of USD in the new economy, we get the estimated value for one WorldCoin 10 000 000 000 000/265,420,800=37 676,02 USD/WDC.
This is the conservative guess because USD is not the whole money supply of the world - it is just USD, there are other big currencies also (euro, yuan, yen etc).
I strongly believe in WDC taking a significiant role in the new world. BitCoins are good but WDC is even better due to the fast transactions.
The other significiant strength is the foundation dedicated to develope WDC, this will make the WDC the money of the world. The value of WDC is much bigger when everybody in the world is making their transactions with WDC but I do not want to create too much hype for the WDC because I want still buy some cheap stuff away from the market.
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We, the WorldCoin investors, are living interesting times now.
A lot of beautiful job is being done with the coin.
The confirmation takes only 1 minute so the transactions are smoother than with the clumpsy BitCoin.
There might be a day when the price of one WorldCoin equals to the price of BTC as the technique is more developed in WDC.
The WorldCoin foundation is making sure this coin will make it. I call these prices with the WDC as a buying opportunity of the lifetime... Probably most of you reading now is the opportunity of life to buy these Coins... These days might be the very last days the coin is trading beloq 0.01 BTC-levels so why not start hoarding the coin while it is still affordable?
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Ladies and Gentlemen!
I am here to testify and warn you about the storm which is heading to altcoins.
The storm warning is WORLDCOIN.
The price is in its momentum and it is heading towards the skies and beyon to the Orion.
I recommend You to prepare for the heading storm by fastening your seatbelts (=buy as many WDC as you can) and keep them and do not sell them until the price has gone up 300 %. Here you go, there is your 300 % gain which is far better than you would get otherwise.
The countdown to the storm has started - be ready!!!!
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DVC is bearish at the moment
WDC is bullish. The WorldCoin exchange rate has been lowering significiantly as the sell orders keep coming in. However, it seems the bottom has been found and now the buy-orders are taking their place. This will drive the WorldCoin to new records as the fundamentals keep coming reality. The marketplace where you can change your fiat to WorldCoins will be a driving force for the development of WDC appreciation. There is now money flowing into the WDC - it is very early stage and after a couple of days the WDC's marketcap can realistically be 100 % higher than it is today.
I have purchased WorldCoins.
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Is the worldcoin worth to own? If so, why?  |
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There are selling pressures with DVC (nothing serious though).
The infrastructure is developing all the time - soon you will be able to use DEVs for giftcards.
The development team is very dedicated to this project developing this to be the # 1 BTC challenger.
Now, every smart "early adoptor" buys at these low levels. It will be low levels, even ridiculous low level until it hits 0,001 BTC which is a good buying opportunity, but 0,01 BTC is a little bit bubblish area where you should consider selling these treasures.
By jumping to the wagon at low levels makes the jumper rich - especially if (s)he can afford to buy this beast worth of 10-30 BTC. However, this is a risky business as business usual is, so one should consider this BTC:s being "lost" despite (s)he will not loose most likely at these prices. There is higher chance it skyrockets and makes the earlyines (we at these levels) rich.
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Hello! There is a great opportunity to jump into the coin as it is early (read: cheap). In fact, the coin is not useful and doesn't serve its purpose if not risen at lewast to the level of 0,0001-0,001 BTC -levels. To make the most BitCoins one should buy a crypto on its cheap phase and aim selling when it is high - it might even run to 0,001-0,01 levels for a short period as bubble bursts. Why not throw a few BTC and give a try to DVC?  For the most of us it is just peanuts but the potential is astronomical while downside is the amount invested in.  At least I purchased some at these low levels. |
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