I reported him to a moderator several times. I think we was banned for 2 or 3 days and now come back. He trolls on all good coins, that is why he does not troll on bitbar...  He doesn't realize through his rampant trolling he's also hurting BitBar. A lot of things he's done come off as rather spammy and haven't helped perception. I like the idea of BitBar and think it has a place among alts. It's just a shame someone like him is being associated with it, when he had nothing to do with the project at all. |
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It seems CNC copypastersdevelopers disappeared after dumping their coins  But rumour has it that he is slaving away on the chn forums making it bigger and better than ever and it has a huge nationalistic following? that's what i was told by the guy that just sold me a load for 001 on btce. Will rebound to 004 any time now? so no one is hopeful at all on this coin? also it says 0 confirms after 10 hours is this the super fast transaction speed i was told about? Lol, I'm sorry, but you got taken... Should have bought Feathercoin instead, it actually went up 7 cents a few days ago! |
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No. The dev left the forums the day it was released and never came back.
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People didn't learn anything from the feathercoin / cn pump and dump...
I mean I mined around 15.000 WDC and bought a few thousand pretty cheap and dumped 10.000 WDC for 15.7 BTC, thats over 1600$ for 1 day of mining and someone had to pay this... And this guy will probably never see his money again.
The new altcoins obviously work like a ponzi-scheme... it works, as long new people hear about the now coin and believe that it's a good investment... Most of the "loser" just don't talk about it and hope to "sit it out" but the altcoin never reaches the previous peak again...
Great job exploiting someone out of their money dude, you must be proud (considering you keep bragging about it) Disagree. He merely sold something he thought would go down in value, with someone that thought it would go up in value. A fair trade. Someone has to be wrong. Too even list at that price is nefarious. You're basically hoping on a long shot that someone will mess up, and buy at that price, not realizing what they are doing. Then its too late, and they can't take back the mistake they just made. This person will end up never touching cryptos again. So great job taking advantage of someone -_- Huh? He sold 10k WDC... that was the going market rate earlier today. What is nefarious about that? |
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Yes, forum is timing out on my end.
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That I am aware of, but hey, all of these coins are technically "experiments", so there's always time and room to do just that. Gotta start somewhere
If WorldCoin was meant to be an experiment of 'ultra-fast transactions', they should have tried a even lower block retarget time just for the hell of it. 15s has already been done several times, Geist Geld and SmallChange. Anyway, it would be interesting to see something like satoshi DICE on 15s blocks |
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The problem right now with CNC is the diff. If we manage to get that back down I bet you will see activity pick up again. But since that diff is way up there its going to fly under the radar for a while.
Same issue FRC has (had, in about a dozen more blocks). No reason an exchange shouldn't list every available coin. That's their job. Let the market decide which are worth buying and selling and at what prices. Adding a coin to an exchange isn't like flicking a switch. You need time to vet the code and make sure there's nothing malicious or anything that potentially could compromise security. Not worth the effort for an exchange to add unless there will be enough volume. So I disagree there... every coin most certainly shouldn't be listed, only the most popular/promising. |
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For a coin to succeed long term it needs a community supporting it and developing for it. Coins that don't have this risk falling into the whole pump and dump scheme.
Yeah that's one reason why Feather will survive in the long run, the dev is accountable and he's active on the forums. Most of these other coins are released by first-time poster accounts. The guy who released CNC didn't even come back after the coin was released. It's hard to believe anyone interested in releasing their own coin didn't already have an account on here. I mean yeah, I get wanting to remain anonymous but that really does you no good with all the competition out there. Don't compare Satoshi and Bitcoin, quite different. Look at other major alts like Litecoin and PPCoin, both released by devs that were active in the community and don't hide behind an alias dedicated to their coin. |
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This is getting old... people claim virus with no proof, seems to happen with every coin so far.
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There is nothing elegant about shitloads of orphans.
It is trivial to fix, just set starting difficulty reasonable.
But none of them do that because their entire point no matter what they say is proven by their failure to set difficulty appropriately: they are all about premine aka instamine aka pump and dump, that is their entire purpose and once dumped another equally scammy orphan-fest follows.
-MarkM-
Wouldn't that require mining the genesis block at the desired starting difficulty? At 1 it'd take a ridiculously long time. |
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DigitalCoin and Nibble, both great launches in my opinion. Lowering the block reward when difficulty is next to nothing works well, promotes more even distribution of coins. It's an elegant way of dealing with the early orphan issues. Also from what I've seen there seems to be less people dumping those coins so far.
While there's less potential profit to jumping on these coins early, I think this puts off miners looking to rake in 1000s of coins, allowing for more natural hashrate growth. The biggest detriment to these new coins is people looking to dump them on an exchange right from the get go, and if people have less coins they might think twice about dumping them all at once.
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My opinion on it right now:
Litecoin is very fast compared to Bitcoin and yet it hasn't gained anywhere near the amount of market penetration in terms of merchants adopting it. WorldCoin has a load road ahead of it. Don't expect anyone to adopt this just because of faster transaction times.
The 8 hour retarget time is better than other ALTs but of course it still doesn't eliminate the possibility of a steep drop in hash power slowing things down.
I'm not going to deny it is better than some other releases but WDC is not a game-changer in my eyes. I would like to see a more robust solution to the difficulty issue other than a few parameters changed. Unfortunately, a lot of people hyping this up to be a huge deal are just blinded by the profit right now and I'm sure the attitude will change once they finish dumping.
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No one will support this with the premine.
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Really crazy to see how much Worldcoin is eating into the Litecoin Hashrate...Down to 16.3 GHs
Which is going to kill the coin unless value keeps going up to maintain its position as profit leader. What will happen is there will be an enormous amount of hash power on it that suddenly leaves when profitability falls below BTC. At that point, WorldCoin loses its instant transactions bullet point for weeks because the difficulty on it doesn't retarget fast enough. Too bad the devs didn't take this into consideration... They did, 8 hour difficulty re-target. If hash drops off drastically, say from 2gh/s to 200mh/s it will only take a day or 2 at most to retarget instead of 50 days for chinacoin. Should be much faster though, that's kind of unacceptable if the coin is going to be used for actual transactions where time is of the essence. It all seems half-baked to me. Really crazy to see how much Worldcoin is eating into the Litecoin Hashrate...Down to 16.3 GHs
Which is going to kill the coin unless value keeps going up to maintain its position as profit leader. What will happen is there will be an enormous amount of hash power on it that suddenly leaves when profitability falls below BTC. At that point, WorldCoin loses its instant transactions bullet point for weeks because the difficulty on it doesn't retarget fast enough. Too bad the devs didn't take this into consideration... Ok we get it, you're butthurt you missed the boat on this one. 3 posts in this topic bashing the coin already  Whatever dude. Re-read my posts and I've hardly been bashing it, just pointing out what I believe are flaws. I don't think the devs thought the whole instant transactions thing through and it'll have major trouble later on. You're the one spreading FUD to get people to buy it... calling other coins a scam that you traded is quite hilarious. I'll just leave this at that. |
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Really crazy to see how much Worldcoin is eating into the Litecoin Hashrate...Down to 16.3 GHs
Which is going to kill the coin unless value keeps going up to maintain its position as profit leader. What will happen is there will be an enormous amount of hash power on it that suddenly leaves when profitability falls below BTC. At that point, WorldCoin loses its instant transactions bullet point for weeks because the difficulty on it doesn't retarget fast enough. Too bad the devs didn't take this into consideration... |
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well I just dumped all mine, the same thing is going to happen this as cnc, price will drop like a bomb when all the dumping begins. the volume of wdc is similar to cnc.
You are wise... people holding on are just gonna get burned. There's no reason at all WDC will be different. |
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Scam coin is for coins like Feathercoin and Chinacoin which don't any advantages to the table, imo. Of course those coins are like scams why would someone use them over Litecoin?
WDC offers near instantaneous confirmations, something which actually gives it an advantage over Litecoins and Bitcoins. Long term who knows what could happen... that is why people are buying it.
What a joke, CNC offered near instantaneous confirmation times as well... 20 sec block retarget, WDC is only 5 seconds less... By your logic I agree CNC is a scam (along with WDC), but Feather is a legit coin. Main reason: the dev has been accountable and far as I can tell, wasn't out to make a quick buck otherwise he would have ditched it a long time ago. |
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Worldcoin didn't come to an exchange high like the other pump&dump coins did.
It came in really low and found a floor and is working its way up. Its a steady climb, I don't see it getting heavily dumped and then miners dropping off, its going to be quite profitable to mine for a good time to come.
Btw, if the pool your on is over 5-600Mh/s move your miners to another pool to spread out the hash rate.
Miners will dump it and drop off when the next 0 diff coin comes along. Maybe, we'll go without a coin like this for a few weeks and WDC hashrate will remain stable , but I doubt it. This happened with FTC, CNC, YAC, and I'm pretty sure history will repeat itself with WDC. |
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I do believe there was another CPU only coin, released shortly after YAC. The name eludes me, because I ignored it as a YAC copy, and it quietly disappeared
Must be mistaken, this isn't on the altcoin list and I never saw it personally... |
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@Hydroponica
Would you stop the FUD???
Its not only you, but talking crap just you have some other coin at the start is just plain stupid!
Other ppl did the same at other treads, all over again, high ping, missed the coin start, ect, fubered configs, get ZERO coins and they start to talk crap, next same coin its all over again but now those same ppl are hyping as mad because they got 1K!
Ok this coin as any other new coin might fail or not its not you crap talk to decide!
He won't, that's only he is doing. Jumping from coin to coin that does not fit his current holding one and spreads crap all the time. Yeah, because I was totally wrong about PWC. This is business, I go where the money is, and there is no money here. And from a business perspective, it is beneficial for everyone, to back the already established WDC, rather than waste time on a copy. Sorry digicoin, but you waited too long to release. A smart dev, would have slaved to get Digicoin ready, before WDC, as soon as the announcement for WDC was made. You just don't like this coin because it is (potentially) diluting the value of your WDC holdings. WDC is a copy of Geist Geld by the way. |
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