What is happening with the WorldCoin?

[Jomppe]

Is the worldcoin worth to own? If so, why? 

[nate008]

Nobody can tell you that for sure.
But it's and alt coin , nothing special , it my go up like a rocket or it might crash or just stay at the same value.

If everybody could knew what will happen , that would be a little boring!

[Jomppe]

You are right. It is coming down slowly slowly.
I think the problem is nodbody dares to buy from the ask-side and at least in Vircurex the spread between bid and ask is too wide. This might scare the potential investors.
However, this could be next LiteCoin in my opinion and might be valued at 0,1 BTC due to the scarcity of the coin.

Summa summarum: Now it is at the bottom-part and I think this is great buying opportunity. I have set buy-orders and bought also some because I believe in this coin.

[prins]

its one of the few coins i hold instead of sell cause i believe it will have a good future

[quone17]

When it first came out I was very interested and owned quite a few.  However when I was mining it there was an issue with them being mined so quickly so I worried that maybe it's fast mining/confirmation time could lead to an issue with double spends and forks.  It's value seems pretty good right now though.

[Jomppe]

If I am not mistaken, the security issues have been improved.
Right now, it is very attractive. A lot is going on with that beauty.
For me it is also a long term investment and at these prices I keep buying because of the potential gain there is available with this beauty. 

[Jomppe]

By the way what comes to the risk of double spending issue.
First, the coin is used to pay everyday transactions such as a cup of coffee with a cookie, a movie ticket etc while BitCoin is designed for purchasing a car, a real estate etc. Who would bother to be a scammer when it comes to pay a cup of coffee costing probably 5 WDC at today's rate?

Secondly, this is still a developing currency and I am 100 % all those issues will be solved but we need to be patient with this beauty.

[Jomppe]

The bulls are running and sacrificial lambs are slaughered.
be careful now selling WDC - it is on her way to 0.015 BTC (the bull-run makes new records) - even higher due to the mania-phase which usually kicks in after the target has been passed.

[hypostatization]

WDC is in a great position. As the current Alt market slump runs its course, the value of speed becomes clear. Ability to react quickly to market changes is a massive advantage. Consider how many millions of dollars in lost opportunity have passed by this week, as inbound and outbound investors have waited for slow Bitcoin confirmations. Every second counts.

Novice investors with weak hands encountered a shock this week, as they attempted to cash out BTC in a panic. They are walking away from the exchanges with a legitimate criticism of Bitcoin. It is misaligned with modern expectations of instant communications. Countless users have had their opinion of Bitcoin shaped for the worse as they watched and waited for slow confirmations, watching as their profits turned to losses.

For investors that see opportunity in dropping prices, the lost opportunity there also cannot be understated. 30 - 60 minutes spent waiting on transfers easily translates to tens of thousands of dollars in lost opportunity for individual investors.

Ability to purchase and transfer WorldCoin with the ease and simplicity of Coinbase---coupled with a speed edge over Bitcoin---is a clear edge over other alts.

For every transaction where speed matters, from the exchanges through point of sale transactions, I will prefer WDC.

WDC is practical, here and now.

It takes its first step to the next level with the beta exchange launch Friday.

[Jomppe]

I wonder why is it still so cheap.
However, this is a great opportunity to get rich with a low risk - of course you need  probably 10-50 BTC depending on how fast you want reach the status of fiat-millionaire. With 50 BTC investment to WDC it should be quite easy, probably max. 1 year. with 10 BTC it will take longer - I estimate by the end of 2016... Still, it is quite fast - if you want to be rich by working normal 9-5-job it takes a lifetime and a stingy character to reach 1 million of fiat dollars.
Compared with these alternatives, it is appealing opportunity to make a lot of fiat.

Let's say you are willing to risk 50 BTC (knowing the risk it might go all the way to zero), you can run it all the way with 40 BTC to 0.0009 and after that start to crabbing as many coins in smaller portions until it reaches to to 0.001 (there will be some miners selling). For the next person 0.001 will give an excellent chance to become a fiat millionaire with the initial investment of 75 BTC (just run it with 60 BTC all the way to 0.014 and start buying from the miners the rest).

Many animals will be slaughtered within this rally and those people will have to rebuy their goats within the rising prices while you do not want to loose your opportunity too early (read: in just a few months).

[tubbyjr]

It's supposedly gonna be listed as USD/WDC on some exchange Dec 23, so might be good time to buy.