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Author Topic: Thoughts on Worldcoin?  (Read 311 times)
Yuvasten (OP)
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April 21, 2024, 08:27:16 PM
 #1

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.
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April 21, 2024, 09:20:56 PM
 #2

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.
Why would a AI genius with unlimited funding want to get involved with crypto? You'll be holding your breath for awhile.

Worldcoin seems awful, find something else. Preferably with a better community.
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April 21, 2024, 09:28:24 PM
 #3

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.
Stop buying shitcoins, i know that you hope they would pump so you can make a huge amount of money, but the chances of that happening is very slim. If you are hoping for a tweet from someone for a coin to pump, then you are dealing with pump and dump coins that have no utility and is moved by only hype and nothing else. Look for coins with utility and are sustainable for the long term.

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[/ta
batang_bitcoin
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April 21, 2024, 09:54:39 PM
 #4

Why would a AI genius with unlimited funding want to get involved with crypto? You'll be holding your breath for awhile.
Exploration? more adventure with what he can deal with. These genius or wealthy people does have similarity, yes, they can enjoy their money as they're already wealthy but life gets boring for them when they don't have anything to do and so, they're into new projects and involving themselves with it. AFAIK, there's the verification of your lenses with this project and it will give you some rewards, a hefty reward IIRC but I haven't done that as the verification areas are limited in different countries.

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April 21, 2024, 10:01:50 PM
 #5

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.
Why would a AI genius with unlimited funding want to get involved with crypto? You'll be holding your breath for awhile.

Worldcoin seems awful, find something else. Preferably with a better community.
Worldcoin is a regulatory nightmare and a joke in so many ways. I don't want to rant about it again, but in short; i just won't believe for a moment that they are complying with all the regulations like they are saying. And they are now suing Spain... Yes Spain, the country for christ sake.

But Rabbitqt, what the hell are you even talking about? Sam Altman literally founded the Worldcoin, so how he is not involved in crypto? And while i think the whole project is stupid, I don't think Sam Altman is that daft that he would tweet for pumping the price. He isn't as stupid as Elon, who gets now sued for tweeting about doge and pumping that.

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Yuvasten (OP)
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April 21, 2024, 10:36:12 PM
Last edit: April 21, 2024, 10:46:28 PM by Yuvasten
 #6

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.
Why would a AI genius with unlimited funding want to get involved with crypto? You'll be holding your breath for awhile.

Worldcoin seems awful, find something else. Preferably with a better community.
Worldcoin is a regulatory nightmare and a joke in so many ways. I don't want to rant about it again, but in short; i just won't believe for a moment that they are complying with all the regulations like they are saying. And they are now suing Spain... Yes Spain, the country for christ sake.

But Rabbitqt, what the hell are you even talking about? Sam Altman literally founded the Worldcoin, so how he is not involved in crypto? And while i think the whole project is stupid, I don't think Sam Altman is that daft that he would tweet for pumping the price. He isn't as stupid as Elon, who gets now sued for tweeting about doge and pumping that.

 My base scenario behind my worldcoin purchase: Elon and sam altman were kind of friends when they were in OpenAI. They were attending programmes together sometimes, basically elon decided to fund openAI because of him. Also even though sam was in openai team, elon made a tour for sam in SpaceX.

Secondly, Elon tries to fight against bots and ais in x platform. He is now thinking of charging a small amount of fees for liking, sharing etc in x to prevent bots. So if you have a world id, it means you are a verified human. And if you logged in to twitter with your world id, they dont have to charge you. Basically my hope is not sam just Tweets and coin pumps. For project's scalability it still makes sense but my hope (because low chance of happening) is twitter starts to make a deal with worldcoin. For regulatory issues, yeah its risky but they can assure governments about data privacy. For verifications they dont need to store their eye data. Idk i agree about regulatory issues.
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April 21, 2024, 10:41:10 PM
 #7

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.

     The worldcoin that you are talking about is just hype, when it first came out it made a bit of noise, but now it is not that noisy in the market either. So it's like what you're doing is actually just hype, so I'm not new to such styles in this crypto industry.

     I also don't know if this is what you are talking about https://www.coingecko.com/en/coins/worldcoin but for those who will try, of course do your own research as always.

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April 21, 2024, 10:53:27 PM
 #8

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.

It's an OPENAI subsidiary so Sam altman will definitely tweet about it in the not so distant probably when he wants to discuss crypto in any of his future discussions. I'm not too big on Worldcoin but they have some really good team members like DCBuilders and the VCs + market makers have been hard at work to ensure that the price stays upward bound. Worldcoin is OpenAI's pet project to acquire as much user data but I prefer to make money than being right all the time and not make money so I'm sold. I have been looking for an entry for a whole and I seriously thought we'd go lower.

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April 21, 2024, 10:59:21 PM
 #9

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.

It's an OPENAI subsidiary so Sam altman will definitely tweet about it in the not so distant probably when he wants to discuss crypto in any of his future discussions. I'm not too big on Worldcoin but they have some really good team members like DCBuilders and the VCs + market makers have been hard at work to ensure that the price stays upward bound. Worldcoin is OpenAI's pet project to acquire as much user data but I prefer to make money than being right all the time and not make money so I'm sold. I have been looking for an entry for a whole and I seriously thought we'd go lower.

I think his tweet would be after the Sora release. His tweeting purpose would be increasing the people who are verified(5 million now) so after the Sora release would be a good time to tweet considering the hype that Sora would start.
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April 21, 2024, 11:14:50 PM
 #10

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.

Are you indirectly depending on someone to tweet about a coin before you could buy or you want the coin to be recognized before you buy and following up the project?
If yes, then here you failed it all because there are some other influencers who only comes to make noise about their holding after which they sells off and leave an empty projects for those who are just getting information newly. Most of them knows that those coin won't survived for long run so they came to make some funny tweets about them after which they sells of their holding and leaving dead projects for the hands those who aren't there to make their proper research. Lastly, this you must know that staying away from shitcoin helps you to control lost then you can know how to fetched for the right coin to invest on.

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April 21, 2024, 11:15:17 PM
Last edit: April 22, 2024, 11:20:33 AM by o48o
 #11

My base scenario behind my worldcoin purchase: Elon and sam altman were kind of friends when they were in OpenAI. They were attending programmes together sometimes, basically elon decided to fund openAI because of him. Also even though sam was in openai team, elon made a tour for sam in SpaceX.

Secondly, Elon tries to fight against bots and ais in x platform. He is now thinking of charging a small amount of fees for liking, sharing etc in x to prevent bots. So if you have a world id, it means you are a verified human. And if you logged in to twitter with your world id, they dont have to charge you. Basically my hope is not sam just Tweets and coin pumps. For project's scalability it still makes sense but my hope (because low chance of happening) is twitter starts to make a deal with worldcoin. For regulatory issues, yeah its risky but they can assure governments about data privacy. For verifications they dont need to store their eye data. Idk i agree about regulatory issues.
Sure, there's going to be nearly universal id system at some point, but i can't see why it would be worldcoin. And yeah, obviously elon would like something like that. But that road ended at the moment he realize he couldn't take over openAI by himself and got kicked out. And after that Elon seemed to sue Altman just out of spite, to have his revenge somehow, even though he has no legal grouds to sue. So, keeping that in mind, even if by some miracle worldcoin would be success, i don't think Elon would want anything to do with that. Most likely he is already looking for alternative.

I however don't believe he could do hostal takeover on that alternative either, as people are aware of his tactics now.

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April 22, 2024, 12:08:48 AM
 #12

My base scenario behind my worldcoin purchase: Elon and sam altman were kind of friends when they were in OpenAI. They were attending programmes together sometimes, basically elon decided to fund openAI because of him. Also even though sam was in openai team, elon made a tour for sam in SpaceX.

Secondly, Elon tries to fight against bots and ais in x platform. He is now thinking of charging a small amount of fees for liking, sharing etc in x to prevent bots. So if you have a world id, it means you are a verified human. And if you logged in to twitter with your world id, they dont have to charge you. Basically my hope is not sam just Tweets and coin pumps. For project's scalability it still makes sense but my hope (because low chance of happening) is twitter starts to make a deal with worldcoin. For regulatory issues, yeah its risky but they can assure governments about data privacy. For verifications they dont need to store their eye data. Idk i agree about regulatory issues.
Sure, there's going to be nearly universal id system at some point, but i can't see why it would be worldcoin. And yeah, obviously elon would like something like that. But that road ended at the moment he realize he couldn't take over openAI by himself and got kicked out. And after that Elon seemed to sue Altman just out of spite, to have his revenge somehow, even though he has no legal grouds to sue. So, keeping that in mind, even if by some miracle worldcoin would be success, i don't think Elon would want anything to do with that. Most likely he is already looking for alternative.

I however don't believe he could do hostal takeover on that alternative either, as people are aware of his tactics now.
I agree, when i saw the news about them, i also get to the same conclusion. Maybe it might be an excuse that i try to confirm myself because i hold but i think that rich geniuses wont hold a grudge. They will still use it if its something valuable part for his plan. For example elon sees Google's deepmind as evil because its not open. He says he funded openai against google. But in x platform you can see "sign up with google". So i think it wont be a problem. But i agree about "why worldcoin" part. He can build something similar himself or get help from another competitor. Also worldcoin is too early rn with 5 million registered people. Maybe it will happen in very long time. Thanks for thoughts btw.
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April 22, 2024, 02:06:32 AM
 #13

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.

Are you indirectly depending on someone to tweet about a coin before you could buy or you want the coin to be recognized before you buy and following up the project?
If yes, then here you failed it all because there are some other influencers who only comes to make noise about their holding after which they sells off and leave an empty projects for those who are just getting information newly. Most of them knows that those coin won't survived for long run so they came to make some funny tweets about them after which they sells of their holding and leaving dead projects for the hands those who aren't there to make their proper research. Lastly, this you must know that staying away from shitcoin helps you to control lost then you can know how to fetched for the right coin to invest on.
Also if an investor wants to use a strategy like that, why invest in a coin before such a tweet happens? They could easily set a bot that kept track of the accounts of influential people on this market and receive an alert whenever one of those comments was made.

And once that happened, they could invest in that coin hoping for a pump, at least such a strategy would have higher probabilities of succeeding, but by investing first and then wait for the tweet, an investor is too committed already, and if the coin were to collapse their portfolio will do the same.
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April 22, 2024, 02:44:02 AM
 #14

I am not really a fan of cryptocurrency it is related to AI (Artificial Intelligence).
Because for me, AI doesn't need any cryptocurrency at all now, they must separate it and be something unique.

Worldcoin for me seems only for hype because as we all know, Open AI is famous in AI (Artificial Intelligence) right now, if they are not connected to Open AI at all, Worldcoin is nothing at all.

Bitcoin Only
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April 22, 2024, 03:42:23 AM
 #15

Sam Altman does not have the same impact as Elon Musk, and there is no AIcoin that can be pumped like what happened with Dogecoin, so do not place too much hope on such events.
It is true that the artificial intelligence revolution has been a hot topic over the past months, but we have not seen a real use for these tokens, and their number and frequency as utility tokens will make investors skeptical about investing.



 My base scenario behind my worldcoin purchase: Elon and sam altman were kind of friends when they were in OpenAI. They were attending programmes together sometimes, basically elon decided to fund openAI because of him. Also even though sam was in openai team, elon made a tour for sam in SpaceX.
Whoever tries to convince you of this is selling dreams to you. Stop buying shitcoins
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April 22, 2024, 03:52:39 AM
 #16

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.

Even altman is not always focusing on AI

Quote
Worldcoin, the project co-founded by Open AI CEO Sam Altman, which uses iris-scanning technology to verify a user’s “humanness,” is planning to launch an Ethereum layer-2 blockchain prioritizing verified humans over bots.

Worldcoin currently has more than 10 million users, with 50% of them having verified their human identities using the project’s Orb.
https://cryptopotato.com/sam-altmans-worldcoin-to-launch-l2-blockchain-prioritizing-human-transactions/

It's world coin's price itself that will be pumped with the impact from altman's tweet. I meant that if you can't even expect him to have big power as big as elon musk. Even world coins is starting to expand its business into the various sectors too. L2 is gonna be the next plan since many people are very often in doing transactions. hundreds millions transactions everyday.
Just buy world coin if you are having faith on altman. After he's back to the world coin and the impact is so big to the project.

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April 22, 2024, 11:32:00 AM
 #17

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.

Even altman is not always focusing on AI

Quote
Worldcoin, the project co-founded by Open AI CEO Sam Altman, which uses iris-scanning technology to verify a user’s “humanness,” is planning to launch an Ethereum layer-2 blockchain prioritizing verified humans over bots.

Worldcoin currently has more than 10 million users, with 50% of them having verified their human identities using the project’s Orb.
https://cryptopotato.com/sam-altmans-worldcoin-to-launch-l2-blockchain-prioritizing-human-transactions/

It's world coin's price itself that will be pumped with the impact from altman's tweet. I meant that if you can't even expect him to have big power as big as elon musk. Even world coins is starting to expand its business into the various sectors too. L2 is gonna be the next plan since many people are very often in doing transactions. hundreds millions transactions everyday.
Just buy world coin if you are having faith on altman. After he's back to the world coin and the impact is so big to the project.
That's actually interesting application in theory, but at the same time it's assuming that other L2s would have already problems with bots. in reality they are working as fast as ever. But assuming that tech is suitable and fits to eu regulations (which i still doubt)

If there will be a time where bots become a problem, i guess this could one solution, but i don't see how that problem couldn't it be dealt with simple capthas. As if we assume this tech makes the job easier to one person than captha, then i strongly believe that at the same time it will make it easier for that one person to authorize bots with same id. I need to take a closer look now that i got interested, so that i have actual data about this. Otherwise i feel like i am spreading just fud. 

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April 22, 2024, 11:57:28 AM
Last edit: April 22, 2024, 12:26:57 PM by Yuvasten
 #18

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.

Even altman is not always focusing on AI

Quote
Worldcoin, the project co-founded by Open AI CEO Sam Altman, which uses iris-scanning technology to verify a user’s “humanness,” is planning to launch an Ethereum layer-2 blockchain prioritizing verified humans over bots.

Worldcoin currently has more than 10 million users, with 50% of them having verified their human identities using the project’s Orb.
https://cryptopotato.com/sam-altmans-worldcoin-to-launch-l2-blockchain-prioritizing-human-transactions/

It's world coin's price itself that will be pumped with the impact from altman's tweet. I meant that if you can't even expect him to have big power as big as elon musk. Even world coins is starting to expand its business into the various sectors too. L2 is gonna be the next plan since many people are very often in doing transactions. hundreds millions transactions everyday.
Just buy world coin if you are having faith on altman. After he's back to the world coin and the impact is so big to the project.
That's actually interesting application in theory, but at the same time it's assuming that other L2s would have already problems with bots. in reality they are working as fast as ever. But assuming that tech is suitable and fits to eu regulations (which i still doubt)

If there will be a time where bots become a problem, i guess this could one solution, but i don't see how that problem couldn't it be dealt with simple capthas. As if we assume this tech makes the job easier to one person than captha, then i strongly believe that at the same time it will make it easier for that one person to authorize bots with same id. I need to take a closer look now that i got interested, so that i have actual data about this. Otherwise i feel like i am spreading just fud.  

https://twitter.com/elonmusk/status/1691969296543711471
Check out this. Basically machine learning powered bots are actually solving captchas faster than humans. Thats why elon's current solution is bringing subscription fee or fees per texts,liking etc. This is one solution, but if you bring something like "sign in with world id" you wouldnt have to charge those accounts. Of course for a potential agreement between x and worldcoin, worldcoin must solve regulatory issues and right now 5 million verified people is not enough i guess. Its still in early phase.
Also the top comment under the tweet i linked is so ironically referring to this "elon we wont give you our IDs" as i read worldcoin keeps it anonymous. (Their promise. This is also most common argument they use about regulatory issues on data privacy.)
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April 22, 2024, 01:05:26 PM
 #19

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.

Mate I would suggest you to not run for short term profits. These seem to be very attractive, but getting profits from the alts are very risky and you need good luck for that. If you want to make good profits, then investing in Bitcoins or Ethereum is the best option. These coins have high popularity and marketcap, hence its very high unlikely that you will face losses here.

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April 22, 2024, 01:48:48 PM
 #20

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.
Total supply? 10,000,000,000
Circulating supply? 191,797,532

Isn't it a bit suspicious already? Also based on one Coindesk article:
Quote
All 7.5 billion WLD, which will go to the community was minted before the launch, and the foundation aims to allocate 6 billion of those to users, but they will be unlocked over 15 years, said a Worldcoin representative. However, none of the tokens allocated to users are locked up, said the representative. Not all 2.5 billion WLD for insiders has been allocated.

7.5 Billion WLD will be available over 15 years? I don't want to be pessimistic about the project, but that's a long time TBH. They only got hyped because of what they did with different communities around the world. Getting their personal information in exchange for some WLD tokens. They focused on poor people in poor countries so that it will be a successful one. They focused on people who aren't even investing at all. They used the people's lack of knowledge in investing to their advantage. How? They get the personal information of different people and in exchange, they will give them WLD tokens.

As for me, I would rather stay away from this project. I will not hold this coin for the long term. AI centered? They're just using the hype again around AI and when it's over, they will jump on what's hyped again.

.
SPIN

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