Yup, definetely the distance WorldCoin community took to their previous leaders was the right move.
Actually this should have been very bullish move for the price. The only problem is that the change of leadership has not been in the price.
This is due to the unefficient markets that the altcoins have.
We all know that bitcoin will not definetely be the ultimate crypto that will take over - that's for sure. If you are not sure about this, just read my other thread why I see only death in the current system.

All the altcoins are taking hit because of the fall of bitcoin.

I guess it was some of the clan of Rothschild family that stated: You should be buying when there is blood on the streets.
We have seen in bitcoin that the best moments to buy bitcoins were those moments when nobody else is buying and there is extremely bad news coming. Usually those have brought bitcoin heavily down. However, until today BitCoin has survived... To be honest, I am not sure how the future will be with bitcoin - I highly recommend to carefully study my dark scenarios of Bitcoin...
I am not here just promoting the coin I own - I am here bringing you guys better alternative. The coin that will take the place of bitcoin has to be fast in confirmations, it has to have fixed money supply and it has to have excellent name that sounds like everybody could accept it.
WorldCoin have all these features.

Warren Buffet says: Price is what you pay, value is what you get.
Definetely now is the time to buy WorldCoins - great value with such a ridiculously low price.

These may be the last moments to get WorldCoins this low- Believe me, the community has learned their lessons. We have made some mistakes, but the ability to correct them is enourmous (this can be seen as the quick claims for the leaders of the community to step down as there was some major problems with the conflict of interest).

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.

Definetely those altcoins that have unlimited coin supply. They are like investing in USD or euros.

Yup, at least some. Just start growing your share of the total money supply.
It is quite easy to get to top 100 WDC Rich List currently.

Here is the Rich List of WDC http://bitinfocharts.com/top-100-richest-worldcoin-addresses.html

WDC

Honestly I feel very good when I am speaking about WorldCoin.
I feel I am offering people better opportunity for making fast transactions with full confirmations.
It is all about the confirmation time, people when it comes to the usability of a currency.
It is all about the the fixed money supply when it comes to storing your wealth.
It is all about the best cryptoname when it comes to branding the coin.

WorldCoin has all these features.
It is really appealing coin to own.
Consider starting to buy the coin little by little - not necessarily all-in if you are not a risk taker but diversification over time. Buy low, buy a little higher. For buying a coin it is all about having the fattest wallet.
You can start climbing up by the ladders of WorldCoin richlist.

WorldCoin is something you should never get rid of completely. If you have made this mistake, now it is rush to buy the first coins back into your wallet - then start a constant buying program. The first coins can be bough for any price.

For the noobs, just buy some coins and sit tight on them. Ignore the trolls (you hear a lot of trolls screaming nonesense). You can also start buying the coin little by little as you have first bought your "core position". Store the coins securily. I recommend paper wallets and a copy of it. One copy you can store for example in your bank vault and one copy in your personal safe. It is important to have a copy for reserve. I also recommend to put the coins to wallets that are not too easily accessible, then you will not get screwed by the trolls to sell them the coins for too low price. Let the trolls buy the coins when it costs 0.100 BTC.

There are very few scammers around the coin. This doesn't make the coin itself as a scam.
If Maddoff scammed dollars from people, it is not the reason for calling dollars to be scam.
Personally the coins or money that has unlimited money supply are scams. Dollar is a scam in this extent. Study if some coins are scams also in this sense.
WorldCoin has fixed supply - when all the coins are minted, the money supply is only 265,420,800 coins.
Compare this to BitCoin and you get the relative value of WorldCoin compared to BTC.

The screenshot was from yesterday if I am not mistaken. Correct me if I am wrong.
WorldCoin is not definetely over.
We definetely need all the talented people in our community. The coin is excellent, while we are waiting big releases, consider buying some cheap coins. The current price has all the bad news baked inside so I think it is not as high risk to jump in than it was like aroun New Year. Now the price has come down. Usually when the price is low it is time to load - the coin has all the potential to become The Next Crypto.


It has all the features the good coin needs:

• Tehcnological superiority over all the rest altcoins
• Very good name - it sounds global

The block reward is decreasing on constant basis - 1 % weekly. The money supply is constant, so it has sound foundation under it. The constant money supply is one very huge thing in WorldCoin - the number of money supply is only 265,420,800.
I do not see it impossible for WorldCoin to go beyond bitcoin in market capitalization because of the technological advantages - confirmation takes only 30 aeconds.
Once the coin has all the developers working more actively and it is a currency, the minimum price in relation to bitcoin is 0.077. This is the case if the WDC and BTC has equal marketcaps. Because of the technical superiority however, WDC could rise even beyond BitCoin in market capitalization.
I do not suggest to jump all-in. Just make a constant buying plan for WDC while it is cheap. Buy, let's say 20 USD worth of day during the next few years. This makes you investing into the coin around 21 000 USD. It is most likely this investment has grown significiantly in value over time.
If I were you, guys, I wouldn't be left behind. Yes, there are ups and downs and believe me, a lot of internet trolls screaming (read the threads I am writing - based on their writings they must be 13 yrs old - just read what the trolls has to say - their arguments not to buy WDC are really lame - just read the trolls and decide yourself). 

Good to see other guys here.

Yes, when the Chinese get to buying mood, it will be a huge rush.
Remember what happened with bitcoin when the China started buying big time. BitCoin went from 60-70 USD all the way up to 1200 USD.
Ladies and Gentlemen, WDC when found by the Chinese big time, will make new records. Please, for your own benefit's sake - do not sell your coins too early.

By the way, I bought some coins today for myself.
I am buying them because I see the potential of the coin. 

Everybody here, who is smart, will notice there is a huge difference between WDC and Scharmbeck.
It is retarded to associate them.

There is also difference between WDC and WDC community.

I would not like to feed the trolls here but in case someone do not see the difference, I will explain it.
Scharmbeck was an exchange between USD and WDC. Yes, it was a setback for WDC not to have this.
However, there are other alternatives also than Scharmbeck, for example cryptotrade is trading between WDC and USD.

The difference between the community and WDC: Community consists of people supporting WDC. The number of supporters may vary over time. Sometimes it is down, sometimes it is up.

WDC is still an exceptional currency. Unlike many others (I do not want to mention names - WDC is not competing the inferiority of other currencies but the superiority of WDC with other alternatives), WDC is giving the first confirmation within 30 seconds, that's right, in 30 seconds ONLY.

They will trade, once opened - according to twitter quite soon - many alts to worldcoin and back. For traders, there might be arbitrage opportunities.  Especially new exchanges might have these opportunities because the markets are not liquid usually in the first days.

I have nothing to do with this exchange - do your own due diligence - so if something goes wrong, do not come to me whining. I just thought to share this interesting new service.

The coin is still giving confirmations in 30 seconds which is fast, don't you think so?
The core product (coin) is exceptional because of this, not because of scharmbeck or anything else.
I wouldn't have bought the coin in the first place if I didn't believe in it. I think it is worth of raising up from the ashes.
I am not raising here any particular business (okay, I mentioned one exchange in another thread), but the most important thing - the coin.
The community has been taking a lot of shit (sorry for my language). It takes it here also as you can read, but the accusations are never towards the coin itself - they are always towards the community or some other entity. I admit, the community is not perfect and like everywhere, you need to do your due diligence.
Do not invest in any cryptostocks - personally I did not lose anything in Scharmbeck because I am not interested in the business but the coin itself.
I am pretty sure I am never going to sell all my worldcoins (some coins I might sell if I need some cash) but never I am going to be all out by myself. I do not promise this because in life you may have some force majore things but if anything major doesn't happen I do not see any reason to go all out of WorldCoin.

WorldCoin is also test mined. 
I am planning to start test mining worldcoin as well, perhaps you should consider as well. 

Yup.
This coin truly has value because the transaction is fast. Actually it is amazing how low the marketcap is currently with WDC in relation to the technical superiority of the coin itself.
There are new services opening around WDC, such as the new exchange that is about to be launched soon.
http://www.wdc-e.com/

Transfering from Person a's wallet to the Person's B wallet against dollars/yuans/other cryptos etc.

WorldCoin have had quite heavy volume, mainly in China.

Yup. WorldCoin is the best altcoin.
There is going to happen great things.

Hello,


I thought to present a new altcoin exchange that is coming to the markets http://www.wdc-e.com/

Their twitter https://twitter.com/_WDCE_

Hello,

Here is the graph of the 8th richest WorldCoin wallet:
http://bitinfocharts.com/worldcoin/address/WfVXX3DALcMpGJC3Uns66BJCMzbnKoVnSv

Here is the graph of the RICHEST WorldCoin wallet:

http://bitinfocharts.com/worldcoin/address/We7FqCPAFcmoKD75gTCnnoLZF5aETYMKyV


This is a proof that the current sellers are screwed to sell to the big guys for low price.
The Big Boyz are buying - you should also.

 

Actually WorldCoin is not premined. This is a huge lie (you can find the evidence: the coin was published exactly the same day as the specks were announced here). Anybody can check this.

I do not want to say anything about the other coins - they will live their own lives. Personally I am interested in coins that has a certain number that can be mined max. To me if the coin has unlimited supply is the same as having fiat. Why I should buy this type of coin - I can use dollars as well. To me cryptocoins are hedge against the falling dollar value.

Scharmbeck has nothing to do with WDC, the boost that it gave to WDC is over - check the price movements.

I am not selling here - I am buying. I am an honest person who wants others to benefit from the appreciating coin.

There are a lot of internet trolls who are willing to get coins for cheap price - this is why they spread tons of lies of WorldCoin. They themselves know this is an exceptional coin and has a bright future so they try to get people selling their coins to their bosoms low prices.
There is still room in my bags, I am buying for myself and I recommend for everybody else to do exactly the same thing.