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Author Topic: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info  (Read 759236 times)
SxC
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April 26, 2014, 12:23:54 PM
 #5061

TAKE IT EASY FOLKS :-) SLOW STEADY RISE, NOT FAST PUMP N DUMP, REMEMBER :-)

+1

slow and steady growth is best for longterm but a pump would be nice to get things going Cheesy
ycm82
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April 26, 2014, 12:25:16 PM
 #5062

move to  1000
 Smiley
madmartyk
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Yes I am a pirate, 300 years too late!


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April 26, 2014, 12:25:36 PM
 #5063

TAKE IT EASY FOLKS :-) SLOW STEADY RISE, NOT FAST PUMP N DUMP, REMEMBER :-)

That's what she said!!!  Cheesy

cryptoba
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April 26, 2014, 12:27:50 PM
 #5064

Am i correct in saying that as long as your wallet is online, It will be staking?

or do i have to do anything else

Should be able to leave your wallet offline, just load it up, sync it every week and it will stake once the coins have been in your wallet for the length of time required to stake.

15 days in your wallet for staking I believe

Cool Thanks

Can anyone else confirm?

Unless you have like half of the pow coins, I wouldnt even bother with pos anyway, you'll probably find more money on the pavement thatn you'd get from the pos

+1 don't bother with POS. Even if you have 1 million WC you will only get 50 WC per day. Unless you want to hold for 10 years and still it could not be worth it since of the price lowers just 2% then ALL your stake of a year was a complete waste of time... Sorry do the maths PoS doesnt look that good anymore.

Investors in some good POS coins do not gain value from the staking itself but rather the constant buy pressure that comes from an active multipool as well as adoption and usage of the currency.  We gain minimal value from the staking itself as investors, but staking definitely has a purpose.  First, supporting the network via staking rather than mining prevents a coin from being drained by other multipools.  Second it prevents deflation making it a usable currency.

As investors we gain value simply because the coins themselves gains in value.  You cannot gain value by generating more coins, which is why you can't just make a coin with a billion percent per year staking rate.

+888
Totally right !

Lord Piccolo, what are u doing here, if it you earn better money on the streets !
Same, for itos !
Stop with your math and pessimism !

No pessimism here, just mearly stating that the average person like me wont stake many coins Smiley

we need to buy and mine on the multipool which I am doing Smiley

Great Lord Piccolo and I like arguing sometimes, do not take too seriously !
At the moment it maybe not so much, but someday those 2% could be a nice bonus.
The POS and multipool together are also here to secure the value, and then make good %.

Have fun and a nice day Grin
igoork
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April 26, 2014, 12:28:00 PM
 #5065

TAKE IT EASY FOLKS :-) SLOW STEADY RISE, NOT FAST PUMP N DUMP, REMEMBER :-)

That's what she said!!!  Cheesy


American sense for humor...  Roll Eyes
xingming
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Writing to dispel society's myths.


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April 26, 2014, 12:30:19 PM
 #5066

china wale time!

madmartyk
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Yes I am a pirate, 300 years too late!


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April 26, 2014, 12:34:16 PM
 #5067

TAKE IT EASY FOLKS :-) SLOW STEADY RISE, NOT FAST PUMP N DUMP, REMEMBER :-)

That's what she said!!!  Cheesy


American sense for humor...  Roll Eyes

Yep!!!

ycm82
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April 26, 2014, 12:44:52 PM
 #5068

move to 800
 Grin Grin
feomat
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April 26, 2014, 12:47:56 PM
 #5069

the lower we get the easier for pumpers to pump the price...

SxC
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April 26, 2014, 12:53:52 PM
 #5070

the lower we get the easier for pumpers to pump the price...

and the lower it gets and ppl buy then sell when they make 100% profit wont help with us pushing 10k
feomat
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April 26, 2014, 12:56:00 PM
 #5071

the lower we get the easier for pumpers to pump the price...

and the lower it gets and ppl buy then sell when they make 100% profit wont help with us pushing 10k

+9000

yinyangteam (OP)
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April 26, 2014, 01:01:04 PM
 #5072

Update re the multipool

First payments were issued overnight. SHA-256 and X-11 port work is nearly complete.

Join us at whitecoinpool.com

cryptoba
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April 26, 2014, 01:09:59 PM
 #5073

Hello Whitecoin Community,

In a few months when we all are whitecoins millionaire, let's meet somewhere on the planet.
And, make a big Whitecoin Party !!! Grin
gotemo
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April 26, 2014, 01:11:26 PM
 #5074

the lower we get the easier for pumpers to pump the price...

and the lower it gets and ppl buy then sell when they make 100% profit wont help with us pushing 10k

+9000

Right now it doesn't make any sense for the profit traders to pump this, more money to be made by buying and selling multiple times a day.
Dimelord
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April 26, 2014, 01:16:49 PM
 #5075

A few days ago, I pointed out that I was working on a personal project incorporating PoS into the code. Can someone kindly show me the files in the WC github where the PoS is defined and utilized? I just need help finding them. Please? Smiley
_noname_
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April 26, 2014, 01:29:35 PM
 #5076

Update re the multipool

First payments were issued overnight. SHA-256 and X-11 port work is nearly complete.

Join us at whitecoinpool.com

Great going.
cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG


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April 26, 2014, 01:32:55 PM
 #5077

how many here are on the hashcows multi pool?  i hope a lot because the whitecoinpool is not having a large amount of hash on it?

come on whitecoinpool you essentially messed up the whitecoin multipool opportunity big time. This could have been total success if you had been prepared for larger hash.


Why is hashcows not on the OP??  


When chunky is fully powered up with the new coins and actually works perfectly then PM everyone on this thread and tell them to come back mining. Don't do it until you are sure it is working fine.
Also put hashcows on the OP this is bullshit not having it on there, This can be the backup pool for if chunky fails so that people can still mulitpool mine WC without going off elsewhere.  Can put that in the bat files for failover... nobody runs a bat without a failover anyway.

If you had done this from the start then we would not be at 850MH we would be at 10GH at least.

count_cyrpto
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April 26, 2014, 01:37:16 PM
 #5078

I've been mining on chunky and have confirmed WC as a balance. Seems to be working OK.
LordPiccolo
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April 26, 2014, 01:39:33 PM
 #5079

Am i correct in saying that as long as your wallet is online, It will be staking?

or do i have to do anything else

Should be able to leave your wallet offline, just load it up, sync it every week and it will stake once the coins have been in your wallet for the length of time required to stake.

15 days in your wallet for staking I believe

Cool Thanks

Can anyone else confirm?

Unless you have like half of the pow coins, I wouldnt even bother with pos anyway, you'll probably find more money on the pavement thatn you'd get from the pos

+1 don't bother with POS. Even if you have 1 million WC you will only get 50 WC per day. Unless you want to hold for 10 years and still it could not be worth it since of the price lowers just 2% then ALL your stake of a year was a complete waste of time... Sorry do the maths PoS doesnt look that good anymore.

Investors in some good POS coins do not gain value from the staking itself but rather the constant buy pressure that comes from an active multipool as well as adoption and usage of the currency.  We gain minimal value from the staking itself as investors, but staking definitely has a purpose.  First, supporting the network via staking rather than mining prevents a coin from being drained by other multipools.  Second it prevents deflation making it a usable currency.

As investors we gain value simply because the coins themselves gains in value.  You cannot gain value by generating more coins, which is why you can't just make a coin with a billion percent per year staking rate.

+888
Totally right !

Lord Piccolo, what are u doing here, if it you earn better money on the streets !
Same, for itos !
Stop with your math and pessimism !

No pessimism here, just mearly stating that the average person like me wont stake many coins Smiley

we need to buy and mine on the multipool which I am doing Smiley

Great Lord Piccolo and I like arguing sometimes, do not take too seriously !
At the moment it maybe not so much, but someday those 2% could be a nice bonus.
The POS and multipool together are also here to secure the value, and then make good %.

Have fun and a nice day Grin

Haha dont you worry sunshine, im the most relaxed person here, chilling my beans and watching the world go by Smiley you have fun too Smiley

                                 
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cindereynolds
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April 26, 2014, 01:44:28 PM
 #5080

Then why are we not flying up???  Huh

 LOL @ everyone who though the wafflepool was the reason the price wasn't going up. There are lots of other miners, early investors and daytraders selling right now. It will take a few weeks for the supply to get bought up.

Plus when everyone thinks a coin is going to skyrocket it usually does the opposite. In a few weeks after the hype train has calmed down and noobs start jumping off the band-wagon is when you will see some shit.

All of these children who keep asking about the price are not going to last in this game very long.




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