[ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info

[_noname_]

• Whitecoin is technically almost identical to Blackcoin but with slightly different parameters. This makes Whitecoin appear as if it could achieve the same utility as a store of value.
• Whitecoin's obvious similarities to Blackcoin interest people, and thus there is anticipation of it matching Blackcoin which has driven a lot of the buying so far.
• This uncertainty means there may be speculation on whether Whitecoin can surpass Blackcoin's all time high. This speculation may create an even bigger bubble than Blackcoin.
• After the first Whitecoin bubble ends, the price will decrease significantly which will cause many Blackcoin holders to sell Blackcoin to buy cheap Whitecoins, which will contribute to a yoyo effect between both currencies.
• This yoyo effect could become self sustaining and fuel even higher levels of speculation until equilibrium is reached.
• Proof of Work hasn't ended yet, which is holding the price down.
• To match Blackcoin's market cap at 300 million total coins by Wednesday when PoW ends, then Whitecoin would be at .00011 but it is currently at .0000195. That means that once Proof of Work ends then Whitecoin should be at least 5 times more valuable than it is currently. Blackcoin could rise even more by then as well which will create the expectation that Whitecoin should go that much higher.

The problem I'm seeing on this thread is that people think BC became successful just because it was PoS and had a MultiPool .. this is wrong.. BC is successful because of it's community. WC has to build a community... Without that.. WC will be another FairCoin, MintCoin and any other PoS besides BC.

Don't be fooled into thinking just copying a coins codebase means it will have the same success lol.

This situation is no different than from when Aurura coin came out and then there were 20 different "country" coins trying to copy the success in the next 2 weeks. None of them did.

Not a great example as country coins are flawed anyway (everyday person will just dump them for the free money).

Not a good analogy. Look at where Auroracoin is now.

[gonzoucab]

PPS: At current price (2k Satoshi), mining is not worth it.

Then why multipools have selected WC for mining? they only work for the most profitable

My bad. I was off by an order in my calculation. WC is actually the most profitable as of now. Although current price is being supported since hours now, I wonder if 150 million coins can be dumped at that. (Requires 3000 BTC)

Support has all but been broken now

I won't be so quick to conclude that. I think people are being far too judgemental. Why can't miners be the people who believe in this coin and they intend to hold it? Just playing devil's advocate. Number of naysayers for WC are astounding. Makes me want to take a counterview.

Small miners are holding this coin TIGHT!!! they missed BC train, they dont wanna loose this one

Multipool dump will help liquidity on the market for the ones that arent mining, numbers look grate

If a was a dumper, i will wait to get more value to make my move, maybe 10K sat.

I for sure gonna sell half my stash right away if price reach 10K

AND THIS

is exactly why we'll witness a massive gigantic DUMP and freefall to 100 satoshi when we reach 10K satoshi (if it ever happens)

YES! THATS WHAT I WANT YOU TO THINK! IM DOING IT RIGHHHHT!

[EmilioMann]

pump pump pump

[coine_smithe]

Blackcoin is also a COPY.

They are all clones.

Welcome to the clone warz.

• Whitecoin is technically almost identical to Blackcoin but with slightly different parameters. This makes Whitecoin appear as if it could achieve the same utility as a store of value.
• Whitecoin's obvious similarities to Blackcoin interest people, and thus there is anticipation of it matching Blackcoin which has driven a lot of the buying so far.
• This uncertainty means there may be speculation on whether Whitecoin can surpass Blackcoin's all time high. This speculation may create an even bigger bubble than Blackcoin.
• After the first Whitecoin bubble ends, the price will decrease significantly which will cause many Blackcoin holders to sell Blackcoin to buy cheap Whitecoins, which will contribute to a yoyo effect between both currencies.
• This yoyo effect could become self sustaining and fuel even higher levels of speculation until equilibrium is reached.
• Proof of Work hasn't ended yet, which is holding the price down.
• To match Blackcoin's market cap at 300 million total coins by Wednesday when PoW ends, then Whitecoin would be at .00011 but it is currently at .0000195. That means that once Proof of Work ends then Whitecoin should be at least 5 times more valuable than it is currently. Blackcoin could rise even more by then as well which will create the expectation that Whitecoin should go that much higher.

The problem I'm seeing on this thread is that people think BC became successful just because it was PoS and had a MultiPool .. this is wrong.. BC is successful because of it's community. WC has to build a community... Without that.. WC will be another FairCoin, MintCoin and any other PoS besides BC.

Don't be fooled into thinking just copying a coins codebase means it will have the same success lol.

I see a lot of community here. I see this as the sort of counterculture coin to Blackcoin. People will hate on Whitecoiners for jumping on the "pump and dump" coin or the "copy" coin without realizing a lot of them are Blackcoin fans as well, and Whitecoin will have a sort of cool factor.

[Dimelord]

Black vs White. Its really cool bro 

[mellomike]

I see a lot of community here. I see this as the sort of counterculture coin to Blackcoin. People will hate on Whitecoiners for jumping on the "pump and dump" coin or the "copy" coin without realizing a lot of them are Blackcoin fans as well, and Whitecoin will have a sort of cool factor.

You just described what you would LIKE to see... not what reality is. There's nothing wrong with missing the BC train and hoping that another coin that used the same codebase will reproduce that success. But don't think there's a "community" here. There are just people that want to make a quick ROI and will be out once they reach that point.

Where is the dev? Is he communicating with everyone? Is he putting up bounties to get the dev community involved in the coin?

These things are needed for a community to evolve.. until then, it's Pump and dumpers and you just have to hope you aren't the one left high and dry.

[MinerP]

fucking multipools ruin everything ive seen the price drop 500 sats when waffle was dumping their 7million coins. now they have another 5.7 million waiting to mature http://wafflepool.com/stats i predict prices going down to 15-1600 sat before monday hits.. sold my 100k WC will wait to rebuy

[Dimelord]

fucking multipools ruin everything ive seen the price drop 500 sats when waffle was dumping there 7million coins. now they have another 5.7 million waiting to mature http://wafflepool.com/stats i predict prices going down to 15-1600 sat before monday hits.. sold my 100k WC will wait to rebuy

somebody is angry... geez

[MinerP]

fucking multipools ruin everything ive seen the price drop 500 sats when waffle was dumping there 7million coins. now they have another 5.7 million waiting to mature http://wafflepool.com/stats i predict prices going down to 15-1600 sat before monday hits.. sold my 100k WC will wait to rebuy

somebody is angry... geez

i got greedy... still made mad money on WC but could of made more. not spreading FUD sell your WC rebuy when lower look at waffles stats 5.7 mill does a lot to market prices. sell orders of 1-1.9btc ive seen multiple times in matter of minutes has to be them. 

[damiano]

fucking multipools ruin everything ive seen the price drop 500 sats when waffle was dumping their 7million coins. now they have another 5.7 million waiting to mature http://wafflepool.com/stats i predict prices going down to 15-1600 sat before monday hits.. sold my 100k WC will wait to rebuy

Speculating on a coin like this while POW is still ongoing is crazy.

All the multipools are going to rape the shit out of this

[Dimelord]

Mine and hold with free electricity. I can't lose 

[MinerP]

fucking multipools ruin everything ive seen the price drop 500 sats when waffle was dumping their 7million coins. now they have another 5.7 million waiting to mature http://wafflepool.com/stats i predict prices going down to 15-1600 sat before monday hits.. sold my 100k WC will wait to rebuy

Speculating on a coin like this while POW is still ongoing is crazy.

All the multipools are going to rape the shit out of this

Ya still 4 days of mining left i think... and these are just waffles stats who knows what clever hashcow blah blah other ten multipools are holding

[Soulmate]

Troll go back to your BC cave and do some cheer-leading there!!!

Your FUD just makes you more ridiculous and you are making BC look bad!

BC went trough the same during POW and no one even cared about it back then! It is more than natural for some price drop when you Whitecoin is the most profitable coin to mine!

Miners will always want to cover their mining costs but no scrypt coin ever saw this Network difficulty other than DOGE and Litecoin!!!

In fact it is healthy the price goes down so other can buy more before POW phase ends!!!

Whitecoin soon will enter POS and then the interest will grow much more!!!

[jamieb81]

fucking multipools ruin everything ive seen the price drop 500 sats when waffle was dumping their 7million coins. now they have another 5.7 million waiting to mature http://wafflepool.com/stats i predict prices going down to 15-1600 sat before monday hits.. sold my 100k WC will wait to rebuy

Same here, sold my stash. they have 6M coins and coinshift is also on WC now, expect at least an other 3/4M coins, so this can massive amounts can only drown actual price. Good to buy back in low soon.

[mr_random]

fucking multipools ruin everything ive seen the price drop 500 sats when waffle was dumping their 7million coins. now they have another 5.7 million waiting to mature http://wafflepool.com/stats i predict prices going down to 15-1600 sat before monday hits.. sold my 100k WC will wait to rebuy

Speculating on a coin like this while POW is still ongoing is crazy.

All the multipools are going to rape the shit out of this

It was just greed people trying to pump this up when it's not even out of POW. Holy crap no wonder it's bombing on mintpal.

[cointradero]

I'm sad, my page hadn't updated and I just put in a buy order 80 sat above any other order.  Nice. 

[gonzoucab]

I Bought 130K WC at 700 sat, im so scared with the price fluctuations

Im in panic..

i also buy more at 1337 satohis.

White is 1337

wh173!

[MinerP]

I'm sad, my page hadn't updated and I just put in a buy order 80 sat above any other order.  Nice. 

why are you even buying?

[gotemo]

I'm sad, my page hadn't updated and I just put in a buy order 80 sat above any other order.  Nice. 

why are you even buying?

because 95% of the people on bitcoin talk are just here to troll they probably don't even have any coins....or they're just terrible and didn't realize the money making ended around noon.

[cointradero]

I'm sad, my page hadn't updated and I just put in a buy order 80 sat above any other order.  Nice. 

why are you even buying?

because 95% of the people on bitcoin talk are just here to troll they probably don't even have any coins....or they're just terrible and didn't realize the money making ended around noon.

I've been making money on the 3% swings all day.  Of course, I just ate the entire 3% on this one.