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Ng93
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January 19, 2014, 09:43:42 AM |
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Really getting worried by this : http://gyazo.com/f1f5ce9bd3c0bdad5b4175fb53fc1123Some reasons : When such a 'great' platform would released where everybode believes in then everybody would allready start with buying, now are people allready selling Are there some things we don't know ? Other alts have a little bit a rise but wdc is really going down , back to the old levels of 10000 and losing a lot of money ? I really don't that i'm getting out of worldcoin ... |
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Mr.V
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January 19, 2014, 10:08:03 AM |
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just because worldcoin will be exchanged for fiat maybe doesn't mean the price is going to have a meteoric rise in price. other alts are already being exchanged for fiat and they aint going off the charts
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BTC:1NwEE7C2hVLSNGwSrFvsYgTrKddCvfhRwY
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Mordillo
Member
 Offline
Activity: 70
Merit: 10
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January 19, 2014, 11:16:27 AM |
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You only lose if you sell cheap.  WDC is well placed in the alt market. I would not worry about that drop. See it as a chance to get some more before it goes fast up. |
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dragnar
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January 19, 2014, 11:55:59 AM |
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not worried looking for a good entry point
u can dump your wdc here if u lost faith LOL
WPVin5sBGQ5t1p22wHH1qNHwDgBU5VrTap
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lol no ty
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Jes159
Member
Offline
Activity: 84
Merit: 10
KlondikeCoin - KDC - Join the Gold Rush Now!
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January 20, 2014, 03:05:06 PM |
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Can someone tell me why the price is crashing ?
All alts have been going down. Nothing to worry about with WDC. In fact, it's a great buying opportunity with direct buying being open to public in the near future. I'm guessing (and hoping, tbh) price will double or more once they go live. I'm pretty confident WON'T double when it goes live. The market knows it's coming, so it's not going to be some kind of rush to buy coin just because it's gone live. The only way it will double is if some retailers actually pick it up or coins start getting traded. Coinmarketcap.com (I know it's not that reliable) shows 24h volume at just $136,088 - that's why it's sinking so fast. Hopefully the release will see some marketing by the devs - there's hardly any community at the moment. |
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Thorgrim
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January 20, 2014, 05:06:32 PM |
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Can someone tell me why the price is crashing ?
All alts have been going down. Nothing to worry about with WDC. In fact, it's a great buying opportunity with direct buying being open to public in the near future. I'm guessing (and hoping, tbh) price will double or more once they go live. I'm pretty confident WON'T double when it goes live. The market knows it's coming, so it's not going to be some kind of rush to buy coin just because it's gone live. The only way it will double is if some retailers actually pick it up or coins start getting traded. Coinmarketcap.com (I know it's not that reliable) shows 24h volume at just $136,088 - that's why it's sinking so fast. Hopefully the release will see some marketing by the devs - there's hardly any community at the moment. One of the problems WDC has is that we actually have a very strong community and following but we are not very vocal on bitcointalk or reddit. Our forum gets a lot of traffic and there is almost always discussion going on at IRC chat # worldcoin. It is just that the masses on Bitcointalk don't see us spamming the Alt section constantly so they think we are just another coin with little interest. |
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Zzzack
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January 20, 2014, 05:19:47 PM |
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Having WDC --> USD will not help the price most likely. Any increase should already be factored into the price based on the Efficient Market Hypothesis.
The one worry I have, is that direct exchange will actually lead to devs taking their money out. They now have extremely easy access to getting USD with their alt currency.
I think for WDC to succeed it really has to innovate, and fast. Other existing coins (PPC, LTC, QRK) are shooting up in terms of community growth and development + there is competition from new coins everyday (COINYE and random ones that draw money out of existing cryptos).
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Producer
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Thorgrim
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January 20, 2014, 05:36:56 PM |
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Having WDC --> USD will not help the price most likely. Any increase should already be factored into the price based on the Efficient Market Hypothesis.
The one worry I have, is that direct exchange will actually lead to devs taking their money out. They now have extremely easy access to getting USD with their alt currency.
I think for WDC to succeed it really has to innovate, and fast. Other existing coins (PPC, LTC, QRK) are shooting up in terms of community growth and development + there is competition from new coins everyday (COINYE and random ones that draw money out of existing cryptos).
You would think that but crypto markets are anything but efficient. When Scharmbeck beta was going to open the market didn't respond until the day before release. I thought that the price would be going up for weeks beforehand. I mean look at all the money pouring into DOGE. Are we all going to be doing commerce in DOGE's in the future? Doubtful but people keep pouring more money into it just because it has the most exposure right now. Also it isn't just WDC-->USD, Worldcoin already has a USD pair at Crypto-trade. It is a government approved bank wire allowed WDC/USD pair. So if you are a business or serious investor you are not screwing around with OK pay or paypal trying to move funds around the internet. Plus Scharmbeck is making it easy for merchants to implement WDC. HUGE UPDATE - Want to see something the guys at Scharmbeck have been working on? I think you'll all be pretty excited. So not only will Scharmbeck be a WDC bank for buy/sell but it will also feature a full fledged merchant solution for online businesses. In fact, it just so happens, this has been kept quiet for a while but it's been quietly developed for a while and near ready to release!  |
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rav3n_pl
Legendary
Offline
Activity: 1361
Merit: 1003
Don`t panic! Organize!
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January 21, 2014, 07:20:29 AM |
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Looks like it is badly forked received block 616a5e85ba77a1c18199
Postponing 76444 reconnects
REORGANIZE
REORGANIZE: Disconnect 0 blocks; d5cd10ad1352574fa3ab..d5cd10ad1352574fa3ab
REORGANIZE: Connect 1 blocks; d5cd10ad1352574fa3ab..4bcd77873a666a3d1fb2
ERROR: FetchInputs() : a52b0538a5 prev tx ff2e721012 index entry not found
ERROR: Reorganize() : ConnectBlock 4bcd77873a666a3d1fb2 failed
InvalidChainFound: invalid block=616a5e85ba77a1c18199 height=180735 work=1986487669399735 date=06/15/13 17:54:47
InvalidChainFound: current best=d5cd10ad1352574fa3ab height=104290 work=1337207178596335 date=06/02/13 03:59:57
InvalidChainFound: WARNING: Displayed transactions may not be correct! You may need to upgrade, or other nodes may need to upgrade.
ERROR: SetBestChain() : Reorganize failed
ERROR: AcceptBlock() : AddToBlockIndex failed
ERROR: ProcessBlock() : AcceptBlock FAILED
any ideas, how to sync? Maybe add some checkpoints around 104290? |
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lderqq
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January 21, 2014, 05:17:37 PM
Last edit: January 21, 2014, 06:00:31 PM by lderqq |
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updated wallet and now i have 0 on my balance! all transactions are not confirmed. how to get my coins back?
wallet is resynced allready. someone help me?
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Kergekoin
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January 21, 2014, 07:23:08 PM |
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Same problem. Updated wallet moved all coins to "unconfirmed" status. Balance is now 0. Edit: OK, now finally moved to Balance. All good.  |
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lderqq
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January 21, 2014, 07:32:57 PM |
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my not, waiting a day.
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lderqq
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January 21, 2014, 09:25:58 PM |
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ah, its still sync.. 200k blocks left.
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Mordillo
Member
Offline
Activity: 70
Merit: 10
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January 21, 2014, 11:56:55 PM |
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Seems like the bottom has been passed. WDC is going nice and steady up now I like this coin. Keep the good work up guys. |
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lderqq
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January 22, 2014, 05:25:07 AM |
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another problem..
sent 168.00 WDC to WVctVeVhR48eyMNXREJWQvv7LAB8JXjeLj 04:45, 22.01.2014
id 0d22608e7f72b8f614cc360571419eb9798ef29ce19c6af0be5f4bbfeeef51e3
and nothing till now.
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funktrust
Member
Offline
Activity: 67
Merit: 10
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January 22, 2014, 10:54:10 PM |
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I love worldcoin! Can't wait for Scharmbeck to be live so I can trade USD directly!
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sakkosekk
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January 22, 2014, 11:06:01 PM |
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I love worldcoin! Can't wait for Scharmbeck to be live so I can trade USD directly!
It will be exiting to see what happens. |
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ejbones
Newbie
Offline
Activity: 30
Merit: 0
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January 23, 2014, 03:53:46 AM |
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another problem..
sent 168.00 WDC to WVctVeVhR48eyMNXREJWQvv7LAB8JXjeLj 04:45, 22.01.2014
id 0d22608e7f72b8f614cc360571419eb9798ef29ce19c6af0be5f4bbfeeef51e3
and nothing till now.
Did you update to the new wallet released two days ago? |
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ejbones
Newbie
Offline
Activity: 30
Merit: 0
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January 23, 2014, 04:36:31 AM |
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I think it will be interesting to see what/if WDC will incorporate changes into the coin. They have the devs and resources to do it so it's a possibility.
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