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nerdcustoms
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May 18, 2013, 12:05:15 AM |
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I'm not sure this is an issue that should be forced. Exchanges will want this coin on their own, possibly even without being bribed. I'm confident this coin will speak for it's self.
+1 why is everyone in a hurry to get it on an exchange. Too soon will just turn it into a pumNdump. Give it at least a week, if not two. |
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BitJohn
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May 18, 2013, 12:06:42 AM |
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at the rate I am selling I could care less if it hits an exchange lol
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erk
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May 18, 2013, 01:31:46 AM |
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I'm not sure this is an issue that should be forced. Exchanges will want this coin on their own, possibly even without being bribed. I'm confident this coin will speak for it's self.
+1 why is everyone in a hurry to get it on an exchange. Too soon will just turn it into a pumNdump. Give it at least a week, if not two. There is no other function for a coin than trade. |
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PeeJWeeJ
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Activity: 49
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May 18, 2013, 01:36:28 AM |
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Or...we could wait a few weeks and let the anticipation/adoption grow so when it gets put on an exchange it doesn't fall into a pit like FTC and CHC.
Unlike many of the alt-coins as of late, this coin may actually have potential. Let's give it a chance to grow and diversify it's ownership before it gets dumped on.
You can always exchange coins, that's what wallets are for. If we kept it that way for a bit, maybe people wouldn't be in such a hurry to sell immediately after it gets on an exchange.
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erk
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May 18, 2013, 01:38:42 AM
Last edit: May 18, 2013, 02:29:35 AM by erk |
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Or...we could wait a few weeks and let the anticipation/adoption grow so when it gets put on an exchange it doesn't fall into a pit like FTC and CHC.
Unlike many of the alt-coins as of late, this coin may actually have potential. Let's give it a chance to grow and diversify it's ownership before it gets dumped on.
No, the people that want to wait don't want competition mining from the attention going on an exchange creates, it's purely a selfish motive, not for the adoption of the coin. They want to mine a larger stash whilst it's easier, before it's listed that's all. |
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thisnewcoin
Full Member
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Activity: 406
Merit: 104
Convert Crypto at BestChange
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May 18, 2013, 02:24:57 AM |
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This kind makes sense. However, without a stable and safe trading platform, it is not good for the adoption of this coin either.
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BitJohn
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May 18, 2013, 02:28:21 AM |
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agree with both of you
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tyler26
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May 18, 2013, 02:31:14 AM |
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Going to send my emails now, I really hope they get into the exchange.
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erk
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May 18, 2013, 02:52:18 AM |
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At the moment you cant expect much for a WDC coin, as it takes little difficulty to mine, that will change over the next month, however, a coin has no value until it's actually trading, the value is calculated historically by recording what price it traded for, it is not calculated in advance.
If the devs make WDC work properly by introducing a thin client to deal with the rapid block chain growth, then I see WDC getting very popular, ultimately replacing LTC.
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503guy
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May 18, 2013, 03:02:02 AM |
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There isn't even a block explorer and you want it on the exchange already?
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erk
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May 18, 2013, 04:53:03 AM
Last edit: May 18, 2013, 07:11:15 AM by erk |
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There isn't even a block explorer and you want it on the exchange already?
Are the two things even related, or are you simply trying to convince people that one depends on the other? WDC block explorer is here BTW. http://wdc.a-df.net:2750/chain/Worldcoin |
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relm9
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May 18, 2013, 05:01:04 AM |
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There isn't even a block explorer and you want it on the exchange already?
Are the two things even related, or are you simply trying to convince people that one depends on the other? It seems logical to get a block explorer up first. Adds some credibility to the coin if anything. |
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Twerka
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May 18, 2013, 05:02:33 AM |
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At the moment you cant expect much for a WDC coin, as it takes little difficulty to mine, that will change over the next month, however, a coin has no value until it's actually trading, the value is calculated historically by recording what price it traded for, it is not calculated in advance.
If the devs make WDC work properly by introducing a thin client to deal with the rapid block chain growth, then I see WDC getting very popular, ultimately replacing LTC.
The value of the coin is given for business accepting WDC as payment. If tomorrow you can get a 7950 for say 1000 WDC, then there is the value: 1000WDC = AMD card. No others currencies involved, no dolar involved. Exchanges are for speculators, and they need a "price" (not value) to buy and sell and get the profit. |
The worst enemy of Bitcoin is Mt.Gox exchange.
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erk
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May 18, 2013, 06:20:35 AM |
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The value of the coin is given for business accepting WDC as payment. If tomorrow you can get a 7950 for say 1000 WDC, then there is the value: 1000WDC = AMD card.
No others currencies involved, no dolar involved.
Exchanges are for speculators, and they need a "price" (not value) to buy and sell and get the profit.
Nonsense, If I want to buy a 7950 and the merchant will only accept USD or BTC I need and exchange and that's that. Nothing to do with speculators. |
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thisnewcoin
Full Member
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Activity: 406
Merit: 104
Convert Crypto at BestChange
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May 18, 2013, 07:44:26 AM |
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The value of the coin is given for business accepting WDC as payment. If tomorrow you can get a 7950 for say 1000 WDC, then there is the value: 1000WDC = AMD card.
No others currencies involved, no dolar involved.
Exchanges are for speculators, and they need a "price" (not value) to buy and sell and get the profit. definitely agree what stated here. |
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Twerka
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May 18, 2013, 07:48:32 AM |
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The value of the coin is given for business accepting WDC as payment. If tomorrow you can get a 7950 for say 1000 WDC, then there is the value: 1000WDC = AMD card.
No others currencies involved, no dolar involved.
Exchanges are for speculators, and they need a "price" (not value) to buy and sell and get the profit.
Nonsense, If I want to buy a 7950 and the merchant will only accept USD or BTC I need and exchange and that's that. Nothing to do with speculators. That is why: "The value of the coin is given for business accepting WDC as payment." Right now USD and BTC are more valuable because that merchant accept them as pay method. If he accept WDC too, then the value of WDC is bigger. All of this without knowing it's real price. I'm selling a Metro2033 game at 163WDC. If you ask me how much in dollars or BTC I tell you, don't know, I'm selling for WDC. 1 Metro game = 163WDC The value is known, the price is not. |
The worst enemy of Bitcoin is Mt.Gox exchange.
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erk
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May 18, 2013, 08:49:19 AM |
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That is why: "The value of the coin is given for business accepting WDC as payment." Right now USD and BTC are more valuable because that merchant accept them as pay method.
If he accept WDC too, then the value of WDC is bigger.
All of this without knowing it's real price.
The world buys products all the time from merchants that only accept their local currency, this is why currency exchangers exist, crypto is no different. It is totally naive to assume a merchant needs to accept a particular currency. If I jump in a local taxi and try to pay in USD or BTC or even WDC he will kick me out, I have to use an exchange to obtain local currency first, and that in no way undervalues the currencies I do hold, with the exception of the small conversion fee. |
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thisnewcoin
Full Member
Offline
Activity: 406
Merit: 104
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May 18, 2013, 02:15:37 PM |
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we really need WDC goes to exchange, too many scattered trading threads
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sadface
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May 18, 2013, 02:36:29 PM |
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quite a lot of trading going on already... imo its time to for a real exchange to adopt it
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fisheater
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May 18, 2013, 04:33:16 PM |
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quite a lot of trading going on already... imo its time to for a real exchange to adopt it
Yes absolute agree. Need a stable and safe platform for trading! Like Btc-e.com or bter.com |
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