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Author Topic: WDC just up 2Ghash !!!  (Read 1495 times)
mladen81 (OP)
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May 20, 2013, 05:01:48 PM
 #1

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

LTC      LbDkEKTAGrPYVuAujfVwSeU6RLT3sUuAVQ
BTC      1KZ8z3J3U5381xdQeNiEgRzN69JwGCf5hx
DOGE   DGR7JCC5YXVywPJ3cQKkuBBQqVJL2FqJFC
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perhan007
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May 20, 2013, 05:03:48 PM
 #2

The higher the hashrate becomes before the big dumping starts, the more dead the coin will be after it falls under the profitabilty of litecoin.
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May 20, 2013, 05:04:03 PM
 #3

To the moon baby!
niteryder
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May 20, 2013, 05:04:30 PM
 #4

Indeed.  My pool went from 10Mhash to over 100Mhash in only a few hrs.

http://wdc.allpoolz.com
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May 20, 2013, 05:32:27 PM
 #5

The higher the hashrate becomes before the big dumping starts, the more dead the coin will be after it falls under the profitabilty of litecoin.

Except this coin changes difficulty every 8 hours, so if all the miners fell off it will adjust to keep fast transactions.

perhan007
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May 20, 2013, 05:33:46 PM
 #6

The higher the hashrate becomes before the big dumping starts, the more dead the coin will be after it falls under the profitabilty of litecoin.

Except this coin changes difficulty every 8 hours, so if all the miners fell off it will adjust to keep fast transactions.

Yeah adjust from 5 to 4.95... Have you noticed that the difficulty rises very slowly?
Foamy
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May 20, 2013, 05:36:07 PM
 #7

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.
relm9
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May 20, 2013, 05:40:31 PM
 #8

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.
justabitoftime
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May 20, 2013, 05:40:41 PM
 #9

I don't use words like 'scam coin' 'pump n dump coin' 'crapcoin' etc.. I think I missed the cool speak a generation ago. I just have one thought concerning WDC and other coins that find a community:

I wish WDC and all the people supporting it the best!

In the end, the successful coins will find a home away from all the 'crypto experts' and the real value will be realized in the mainstream.

Jakewell
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May 20, 2013, 05:41:42 PM
 #10

i think this coin has a very good future as a fast confirmation currency, for real life business.
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May 20, 2013, 05:43:11 PM
 #11

Scam coin is for coins like Feathercoin and Chinacoin which bring 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.
relm9
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May 20, 2013, 05:55:43 PM
Last edit: May 20, 2013, 06:26:19 PM by relm9
 #12

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.

perhan007
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May 20, 2013, 05:57:05 PM
 #13

Scam coin is for coins like Feathercoin and Chinacoin which bring 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.

You didn't write the same way when you pumped and dumped hundred thousands of feathercoins...

seleme
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May 20, 2013, 06:03:19 PM
Last edit: May 20, 2013, 06:38:26 PM by seleme
 #14

People are using scam word too easy and it gets even worse when they do it after they made their trades in some coin.

No coin is scam unless it steal something from you. Each one is started with developer hoping about making money with it and it's a bit rich to see people calling them scam when they mine that or other one solely to make money from it.

It's sad really to read all threads about different coins and people bashing each other and coins they're not in at the moment. Shows really what is wrong with the world.. people would eat each other kids for couple of hundreds. Knew that before of course but boy, the concentration of evil vibration on this forum is mind boggling. This recent hyper coin production woke up some of the worse things in lot of people..

btw, tito odakle si ti?  Grin

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Twerka
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May 20, 2013, 06:47:22 PM
 #15

2.129Gh right now.
I should bought way more  Undecided

The worst enemy of Bitcoin is Mt.Gox exchange.
Tobius
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May 20, 2013, 06:52:51 PM
 #16

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.



Chinacoin was fast, but there were a few issues with it that killed it. Namely, the unknown dev, limited support, bad name, bad timing, overhype, lack of a supporting market base....You get the point. A LOT of things were wrong with Chinacoin.
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May 20, 2013, 06:55:40 PM
 #17

Really crazy to see how much Worldcoin is eating into the Litecoin Hashrate...Down to 16.3 GHs
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May 20, 2013, 06:58:18 PM
 #18

Really crazy to see how much Worldcoin is eating into the Litecoin Hashrate...Down to 16.3 GHs

does the litecoin diff retarget quickly, couldn't become the next ftc or cnc where you can't move your coins could it?

relm9
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May 20, 2013, 06:58:39 PM
 #19

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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May 20, 2013, 07:01:30 PM
 #20

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  Roll Eyes
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