chunkypools
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April 22, 2014, 04:20:21 PM |
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There is nearly 1 GH standing by on the multipool for when Proof of Work ends, let's show the market the WhiteCoin community is ready to take this price sky high when Proof of Stake begins. We are pleased to announce also that SHA coins will be live on chunkypools.com before proof of work ends!! The WhiteCoin payout Multipool : Powered by ChunkyPoolsWe can’t be happier to have whitecoinpool.com pointed to us. We've won it for one reason: ChunkyPools stands ahead of the pack as an innovator. With WhiteCoin’s mining complete in 2 days from posting, supporters are already asking where they can point their rigs as the Proof of Stake phase begins. Look no further than chunky. Our WhiteCoin pool has been delivering consistent results since launch, and if you’re mining on that port now you won’t need to change a thing. WhiteCoin Fund powered by Chunky TradersOur group of experienced traders will be guiding the transitions from alts, to btc, to your desired coin: WhiteCoin. We won’t make the mistakes of others and rely only on coinwarz, or one hot coin. Any good trader will tell you to never put all your eggs in one basket. Diversified WhiteCoin Ports ComingIn the days following our entry to Proof of Stake, more multiports will be offered by chunky: all paying out in whitecoin. These ports will offer different payout schedules and levels of risk. Following a carefully devised plan, Chunky’s WhiteCoin fund will maximize output for our users by taking advantage of daily fluctuations in altcoin prices. Mine with the pool that daytrades for youMany multipools profit on the backs of their users with pre-bought coin. You can be sure, these people only adjust their prices when they risk losing by selling you their coin, they aren’t cutting you any deals. Chunky’s returns will be dictated by the best prices the markets have to offer. That’s right, we’ll even be playing the spread between markets to ensure better average prices for everyone. Mine with the ExpertsSign up now if you haven’t already, and make sure you’re well prepared for the end of WhiteCoin’s mining phase. Set it and forget it and mine with chunkypools.com/wc
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tweminer
Newbie
Offline
Activity: 56
Merit: 0
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April 22, 2014, 04:21:05 PM |
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anyone notice premined coin? becare and goodluck
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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April 22, 2014, 04:28:12 PM |
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WC slowly rebound. Ppl are tired for waiting for a dump.
yep.. i already start buying again I bought some more at 840-880 i go all in 850 - 900 , now is >1000 .. not bad let's get this party started
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neoxxx
Sr. Member
Offline
Activity: 351
Merit: 250
Source of knowledge is experience. A.E.
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April 22, 2014, 04:29:22 PM |
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This is my entry point :
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foaman
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April 22, 2014, 04:32:59 PM |
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We're not going to need a pump to hit 2000 or even 4000, it's going there anyway, organically.
Agree. Once the mining has stopped, there will be no more miners dumping, thus creating more demand while lowering supply. why does everyone thing that PoS means instant increase in price? Cinni coin hit PoS yesterday and still has not gone up in price. And who ever said the devs are too busy to post here is naïve to say the least. If the Devs were working on something the best damn thing they could do is come here to announce it.
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cointradero
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April 22, 2014, 04:38:54 PM |
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anyone notice premined coin? becare and goodluck
Yes, everyone has noticed. There is an important distinction here, which I think is important to make when comparing to other premines. This coin is 100% mined in 10 days. That means the entire premine amount (less than 1%) was eclipsed by the mined coins in the first 2.4 hours of mining. Most premines of 1 - 2% of a normally mined coin can take up to a month or more time for the community to mine. In these situations, the premined coins hover over the mined coins for an inordinate amount of time as their percentage of all coins in circulation is so significant. After the 3rd day of mining, this premine was about 2.8% of all coins in circulation. At this point, it's a non-factor. There are more coins sold every 10 minutes than the entire premine amount. So even if he already dumped it, or he was getting ready to, it wouldn't really effect the price like it would in a traditional coin. It might signal a lack of dedication and a planned pump and dump, but it is in no way a large player in the price of WC now.
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niothor
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April 22, 2014, 04:39:58 PM |
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We're not going to need a pump to hit 2000 or even 4000, it's going there anyway, organically.
Agree. Once the mining has stopped, there will be no more miners dumping, thus creating more demand while lowering supply. why does everyone thing that PoS means instant increase in price? Cinni coin hit PoS yesterday and still has not gone up in price. And who ever said the devs are too busy to post here is naïve to say the least. If the Devs were working on something the best damn thing they could do is come here to announce it. Because most people are just wishful thinkers . There is indeed a reason for this thinking , the usual claim the more demand is created with less supply , but that wasn't the case of rising price in any case. The only reason until this day was speculation on news and massive pumps. Take a look at coins that have almost finished mining , supply is at is lowest yet they fail on launching to the moon. Just switching to pos won't help that much any coin right now. There are loss of clones flooding the market so this one has to have something special to get out of the pack.
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itsjustchrisc
Newbie
Offline
Activity: 25
Merit: 0
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April 22, 2014, 04:45:34 PM |
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We're not going to need a pump to hit 2000 or even 4000, it's going there anyway, organically.
Agree. Once the mining has stopped, there will be no more miners dumping, thus creating more demand while lowering supply. why does everyone thing that PoS means instant increase in price? Cinni coin hit PoS yesterday and still has not gone up in price. And who ever said the devs are too busy to post here is naïve to say the least. If the Devs were working on something the best damn thing they could do is come here to announce it. I agree with he part that Devs should announce the plans for the coin. However, Cinni Coin does not have a multipool as of yet and thus isn't a comparable POS so to speak.
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Anotheranonlol
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April 22, 2014, 04:47:12 PM |
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We're not going to need a pump to hit 2000 or even 4000, it's going there anyway, organically.
Agree. Once the mining has stopped, there will be no more miners dumping, thus creating more demand while lowering supply. why does everyone thing that PoS means instant increase in price? Cinni coin hit PoS yesterday and still has not gone up in price. And who ever said the devs are too busy to post here is naïve to say the least. If the Devs were working on something the best damn thing they could do is come here to announce it. Because most people are just wishful thinkers . There is indeed a reason for this thinking , the usual claim the more demand is created with less supply , but that wasn't the case of rising price in any case. The only reason until this day was speculation on news and massive pumps. Take a look at coins that have almost finished mining , supply is at is lowest yet they fail on launching to the moon. Just switching to pos won't help that much any coin right now. There are loss of clones flooding the market so this one has to have something special to get out of the pack. none of 'upper management' of this coin have a clue as to the direction of it. it's diabolical to take a look at- they might as well be brand new to computers let alone creating and managing cryptocurrency I'm a large holder, just stating the reality. this coin is a copy paste, it has no real merit (doesn't mean it cannot be successfull as plenty of shitcoins make people a lot of money as long as you understand the game) it will have to ride on community adoption: especially concentrating large hashrate at a mining pool starting from the very second POS starts, and most importantly big buy-ins by whales, from there you get hype and a snowball effect with rest of sheep following, If it cannot achieve that level of big buy support and generte interest that many are waiting for very quickly you will see capitulation and big drops
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count_cyrpto
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April 22, 2014, 04:49:52 PM |
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We're not going to need a pump to hit 2000 or even 4000, it's going there anyway, organically.
Agree. Once the mining has stopped, there will be no more miners dumping, thus creating more demand while lowering supply. why does everyone thing that PoS means instant increase in price? Cinni coin hit PoS yesterday and still has not gone up in price. And who ever said the devs are too busy to post here is naïve to say the least. If the Devs were working on something the best damn thing they could do is come here to announce it. Who said anything about instant? The price right now has been pretty stable, even with the influx of new coins. Once those new coins have stopped being created, what do you think happens to the price? It took Blackcoin WEEKS to increase after PoW was over. I don't envision Whitecoin taking that long, given all the attention, but stop kidding yourself. The price WILL go up, and the powers that be are trying to accumulate as many coins at a discount as they can.
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gotemo
Newbie
Offline
Activity: 56
Merit: 0
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April 22, 2014, 04:53:43 PM |
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We're not going to need a pump to hit 2000 or even 4000, it's going there anyway, organically.
Agree. Once the mining has stopped, there will be no more miners dumping, thus creating more demand while lowering supply. why does everyone thing that PoS means instant increase in price? Cinni coin hit PoS yesterday and still has not gone up in price. And who ever said the devs are too busy to post here is naïve to say the least. If the Devs were working on something the best damn thing they could do is come here to announce it. Because most people are just wishful thinkers . There is indeed a reason for this thinking , the usual claim the more demand is created with less supply , but that wasn't the case of rising price in any case. The only reason until this day was speculation on news and massive pumps. Take a look at coins that have almost finished mining , supply is at is lowest yet they fail on launching to the moon. Just switching to pos won't help that much any coin right now. There are loss of clones flooding the market so this one has to have something special to get out of the pack. I'm almost sure there will be a price rise not because of the PoS change but because the wishful thinkers believe there will be one. That scenario creates a proverbial "low hanging fruit" for a whale(s) to pump the shit out of a coin to make the casual investors think it's organic due to the PoS changeover. Pump it high let people buy in and dump it.
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chango
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April 22, 2014, 04:55:27 PM |
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We're not going to need a pump to hit 2000 or even 4000, it's going there anyway, organically.
Agree. Once the mining has stopped, there will be no more miners dumping, thus creating more demand while lowering supply. why does everyone thing that PoS means instant increase in price? Cinni coin hit PoS yesterday and still has not gone up in price. And who ever said the devs are too busy to post here is naïve to say the least. If the Devs were working on something the best damn thing they could do is come here to announce it. Because most people are just wishful thinkers . There is indeed a reason for this thinking , the usual claim the more demand is created with less supply , but that wasn't the case of rising price in any case. The only reason until this day was speculation on news and massive pumps. Take a look at coins that have almost finished mining , supply is at is lowest yet they fail on launching to the moon. Just switching to pos won't help that much any coin right now. There are loss of clones flooding the market so this one has to have something special to get out of the pack. none of 'upper management' of this coin have a clue as to the direction of it. it's diabolical to take a look at- they might as well be brand new to computers let alone creating and managing cryptocurrency I'm a large holder, just stating the reality. this coin is a copy paste, it has no real merit (doesn't mean it cannot be successfull as plenty of shitcoins make people a lot of money) it will have to ride on community adoption: especially concentrating large hashrate at a mining pool starting from the very second POS starts, and most importantly big buy-ins by whales, from there you get hype and a snowball effect, If it cannot achieve that level of big buy support that many are waiting for very quickly you will see capitulation and big drops People is dumb. They are buying now when they should wait until AFTER the dump from miners is over. This is crazy I will not get cheap coins nor the price will increase since it is still high. Another thing is why do you think that whales will come here to buy whitecoin with so many people that already is buying and just waiting to dump on him, maybe a dumb blind whale :S.
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SkyValeey
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April 22, 2014, 04:58:48 PM |
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Whales are always around when volume is high
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chango
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April 22, 2014, 04:59:48 PM |
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Whales are always around when volume is high But they only eat krill when the price is low :p. To take a dump after .
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SkyValeey
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April 22, 2014, 05:00:44 PM |
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Small fishes too. Funny game. I like it :-)
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itos
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April 22, 2014, 05:09:24 PM |
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So 2.3 more days of mining? Expect more dumps incoming.
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CryptoLyon
Newbie
Offline
Activity: 53
Merit: 0
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April 22, 2014, 05:14:56 PM |
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I'm almost sure there will be a price rise not because of the PoS change but because the wishful thinkers believe there will be one. That scenario creates a proverbial "low hanging fruit" for a whale(s) to pump the shit out of a coin to make the casual investors think it's organic due to the PoS changeover. Pump it high let people buy in and dump it.
Ohh... Just much like happened with Blackcoin, right?
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crazyearner
Legendary
Offline
Activity: 1820
Merit: 1001
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April 22, 2014, 05:18:28 PM |
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So 2.3 more days of mining? Expect more dumps incoming.
People will dump. People will expect price to sky rocket when POS starts and POW finish. All speculations but mainly when a coin half's prices go go. Eventually with POS they do go up but it is dependent on a lot of factors including demands and what that coin has to offer compared to other coins and services. If WC has nothing else new to offer its supporters it will soon die like the rest of the coins have done.
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itos
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April 22, 2014, 05:21:23 PM |
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So 2.3 more days of mining? Expect more dumps incoming.
People will dump. People will expect price to sky rocket when POS starts and POW finish. All speculations but mainly when a coin half's prices go go. Eventually with POS they do go up but it is dependent on a lot of factors including demands and what that coin has to offer compared to other coins and services. If WC has nothing else new to offer its supporters it will soon die like the rest of the coins have done. I don't expect to sky rocket, but 2x of 750 satoshis would be nice.
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gotemo
Newbie
Offline
Activity: 56
Merit: 0
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April 22, 2014, 05:29:31 PM |
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I'm almost sure there will be a price rise not because of the PoS change but because the wishful thinkers believe there will be one. That scenario creates a proverbial "low hanging fruit" for a whale(s) to pump the shit out of a coin to make the casual investors think it's organic due to the PoS changeover. Pump it high let people buy in and dump it.
Ohh... Just much like happened with Blackcoin, right? Different scenario all together I thought that was obvious at this point.
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