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erk
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May 21, 2013, 06:17:15 AM |
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Does anyone know when the difficulty will change? I calculated at block 46080 ( 4 blocks/min x 60 mins/hr x 8hrs/retarget = 1920 blocks/retarget ---> 1920 blocks/retarget x 24 retargets = block 46080) but it hasn't switched over yet..
I have published the formula at least twice in this thread already. In a nutshell, it changes every .35 of a day. It changed not so long ago so you have a bit of a wait still. |
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Mr.V
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May 21, 2013, 07:13:17 AM |
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I just bought more WDC with the the cheap price.  whats cheap to you guys and what do you think should be the going rate and expected rate? |
BTC:1NwEE7C2hVLSNGwSrFvsYgTrKddCvfhRwY
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megablue
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May 21, 2013, 07:25:50 AM |
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I just bought more WDC with the the cheap price. whats cheap to you guys and what do you think should be the going rate and expected rate? Even crap like CNC stabilized around 0.00084, do you think worldcoin, with a nice selling point (instant transfer), worth less than that? |
LTC: LQx367oQtbwsc7Ygf9S1B6E1d9LuGk7v11
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erk
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May 21, 2013, 07:34:13 AM |
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I just bought more WDC with the the cheap price. whats cheap to you guys and what do you think should be the going rate and expected rate? I believe WDC should be going for around .003 BTC. It has the potential to do much better when the difficulty starts getting into the hundreds eventually. It's just the miners are noobs and sell too cheaply, same thing happened to FTC and CNC when they first listed. Sure, most low difficulty coins aren't worth much. People don't get what fast transactions means. I will give you an example, atm if you wanted to use Bitcoin for a drive though take away payment, you would have to accept zero confirmations! As you couldn't afford to hold up the line for 10min waiting, even 2.5min of LTC would be impractical. With WDC it suddenly becomes an option. Think about that. |
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anderl
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May 21, 2013, 07:37:24 AM |
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I just bought more WDC with the the cheap price. whats cheap to you guys and what do you think should be the going rate and expected rate? I believe WDC should be going for around .003 BTC. It has the potential to do much better when the difficulty starts getting into the hundreds eventually. It's just the miners are noobs and sell too cheaply, same thing happened to FTC and CNC when they first listed. Sure, most low difficulty coins aren't worth much. People don't get what fast transactions means. I will give you an example, atm if you wanted to use Bitcoin for a drive though take away payment, you would have to accept zero confirmations! As you couldn't afford to hold up the line for 10min waiting, even 2.5min of LTC would be impractical. With WDC it suddenly becomes an option. Think about that. sounds good. now what can I buy with wdc? can I pay a bill with it? |
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erk
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May 21, 2013, 07:38:27 AM |
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sounds good. now what can I buy with wdc? can I pay a bill with it?
You don't need WDC, you are better off with fiat. Move along. |
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megablue
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May 21, 2013, 07:39:00 AM |
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I just bought more WDC with the the cheap price. whats cheap to you guys and what do you think should be the going rate and expected rate? I believe WDC should be going for around .003 BTC. It has the potential to do much better when the difficulty starts getting into the hundreds eventually. It's just the miners are noobs and sell too cheaply, same thing happened to FTC and CNC when they first listed. Sure, most low difficulty coins aren't worth much. People don't get what fast transactions means. I will give you an example, atm if you wanted to use Bitcoin for a drive though take away payment, you would have to accept zero confirmations! As you couldn't afford to hold up the line for 10min waiting, even 2.5min of LTC would be impractical. With WDC it suddenly becomes an option. Think about that. sounds good. now what can I buy with wdc? can I pay a bill with it? you can buy silver with it, https://bitcointalk.org/index.php?topic=209808.0 |
LTC: LQx367oQtbwsc7Ygf9S1B6E1d9LuGk7v11
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erk
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May 21, 2013, 07:43:25 AM |
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How unexpected! Probably a reasonable thing to buy as a store of wealth, because the silver would hold it's value better than fiat. |
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Twerka
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May 21, 2013, 07:52:29 AM |
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Selling at this price is madness.
I like to know what are the developers doing, they replied my email today; anyway I like to see some update on the worldcoin website.
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The worst enemy of Bitcoin is Mt.Gox exchange.
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mr_random
Legendary
 Offline
Activity: 1274
Merit: 1001
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May 21, 2013, 07:54:48 AM |
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I just bought more WDC with the the cheap price. whats cheap to you guys and what do you think should be the going rate and expected rate? I believe WDC should be going for around .003 BTC. It has the potential to do much better when the difficulty starts getting into the hundreds eventually. It's just the miners are noobs and sell too cheaply, same thing happened to FTC and CNC when they first listed. Sure, most low difficulty coins aren't worth much. People don't get what fast transactions means. I will give you an example, atm if you wanted to use Bitcoin for a drive though take away payment, you would have to accept zero confirmations! As you couldn't afford to hold up the line for 10min waiting, even 2.5min of LTC would be impractical. With WDC it suddenly becomes an option. Think about that. sounds good. now what can I buy with wdc? can I pay a bill with it? Be reasonable it's only been out 4 days lol... It's not going to be used as payment for anything much until it appears on bigger exchanges and establishes itself as having staying power. Give it a few months and it will slowly start to snowball I reckon. |
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anderl
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May 21, 2013, 07:57:45 AM |
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sounds good. now what can I buy with wdc? can I pay a bill with it?
You don't need WDC, you are better off with fiat. Move along. oh I need it. as soon as it becomes profitable I mine it and sell it immediately. I'm fine with that. What I'm saying is, if you offer me an infrastructure with it I might be willing to hold on to it for longer. If it appreciates in value the coins I mined n months ago will pay for future bills and product so I'm saving money. It's like the bit coin pizza. If they knew that bitcoin would have an infrastructure they would not be so willing to part with so many bitcoin for a single pizza. IF WDC shows that it can build an infrastructure I won't sell, otherwise I dump away. |
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erk
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May 21, 2013, 07:59:37 AM |
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oh I need it. as soon as it becomes profitable I mine it and sell it immediately. I'm fine with that. What I'm saying is, if you offer me an infrastructure with it I might be willing to hold on to it for longer. If it appreciates in value the coins I mined n months ago will pay for future bills and product so I'm saving money. It's like the bit coin pizza. If they knew that bitcoin would have an infrastructure they would not be so willing to part with so many bitcoin for a single pizza. IF WDC shows that it can build an infrastructure I won't sell, otherwise I dump away.
Why don't you help build that infrastructure instead of simply sitting on your butt and expecting other people to do it? It's an open source community project, it's not Worldcoin inc. feeding your needs. |
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anderl
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May 21, 2013, 08:08:05 AM |
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oh I need it. as soon as it becomes profitable I mine it and sell it immediately. I'm fine with that. What I'm saying is, if you offer me an infrastructure with it I might be willing to hold on to it for longer. If it appreciates in value the coins I mined n months ago will pay for future bills and product so I'm saving money. It's like the bit coin pizza. If they knew that bitcoin would have an infrastructure they would not be so willing to part with so many bitcoin for a single pizza. IF WDC shows that it can build an infrastructure I won't sell, otherwise I dump away.
Why don't you help build that infrastructure instead of simply sitting on your butt and expecting other people to do it? It's an open source community project, it's not Worldcoin inc. feeding your needs. not sitting on my butt. too busy mining. besides its a separation of concerns. I'm in the business of mining, not in the business of developing coins. maybe you should talk to the developers and figure out why they are "sitting on their butts". |
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Mr.V
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May 21, 2013, 08:16:08 AM |
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I honestly want worldcoin to succeed and im not just saying that because I have a lil. I'll try and build some goods&services for this coin when the funds start rooling in
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BTC:1NwEE7C2hVLSNGwSrFvsYgTrKddCvfhRwY
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m0nk
Member
Offline
Activity: 84
Merit: 10
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May 21, 2013, 08:20:55 AM |
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Be reasonable, it's only been out 4 days.
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r3animation
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May 21, 2013, 08:27:53 AM |
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Well, it's going back up.
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Galimore
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May 21, 2013, 08:28:32 AM |
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Well, it's going back up.
Yeah, big time pump going on at mcxnow. |
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