WhiteNotWright
Full Member
 Offline
Activity: 196
Merit: 100
Fibre Knight
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June 29, 2014, 04:35:14 PM |
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Another idea would be to keep WC as is (it has history, good or bad --marketing is about getting known). Then have the foundation create the new coin (WOC) and position it to be extremely profitable within the pools but not listed on the exchange. Then have a set percentage of of mine blocks go to a purchase wallet on WC used for the foundation and thereby reducing WC supply to increase volume and market value. You would however need to seed the WOC pool from WC donations or some other revnue stream --maybe selling shirts, hell I don't know. Just spit-balling here...
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leonar76
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June 29, 2014, 08:55:29 PM |
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no new coin, we just need new investors. and we need to protect old investors, so than just keep buying and hold, than community will happy about prices. i still buying and everyone just act like me, we ll see over 5K sat very soon. have a nice day.
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tevayo
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June 29, 2014, 10:45:46 PM |
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When the idea of whiteout was launched, it was implemented in the WC ANON option, not to launch a new currency. The hypothetical release Whiteoutcoin seems scaring potential investors right now who had attracted attention thanks to this http://cryptocopyright.com/first-cryptocurrency-partnership-awarded/ Whitecoin If you can not (or problematic) to implement ANON whitecoin therefore not done and nothing happens. Would have to focus efforts on making every day better known to whitecoin with the help of these new partners. In any case, I hope the decision made by either by transparent and consistent voting and by that I mean that (as any company in the world) has more weight the vote of someone who spends thousands of dollars that it invests 40. |
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tevayo
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June 29, 2014, 10:47:35 PM |
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500 Mh/s Script Asic Share Mining ProposalForward from Surfguy72:Hey WhiteCoin Community! I have a proposal here I’d like for you to check out. After reading, I’ll be glad to answer your questions. My intention with this proposal is to create a community shared mining setup. Where we pull our resources together for our benefit and the benefit of the WhiteCoin Community. Some of the details below are intentionally left a little vague; the reason? This will be a sub community of miners that will function in a democratic sort of manner to an extent. I look forward to your questions, and will edit this with FAQ's as they come up. I've got a day job too, so PM me if you for sure want to get your answer from me, i'll do my best to monitor  SummaryI am an intermediate miner who has purchased 2 Viper Script ASICS now rated at 250 Mh/s each with power consumption maxing at 2500 Watts. I have placed the deposit already of 30% of purchase price to reserve the order, and am now seeking investors to purchase the remaining 70% of purchase price and applicable taxes any shipping/handling charges. In return, Investors will receive their respective proportion of hashing speed minus costs. This hashing speed will be directed towards multipool(s) who will convert to WC from the most profitable script coins. Operation Alpha Technologies is due to ship product in July 2014. Order number does play a part in shipping order, however, the time between the first shipment and the last on batch 1 will be within days of each other. Upon confirmation of delivery, the tracking number will be provided to investors, the units will be installed and operational within 48 hrs, and investors will again be notified. Investors will receive their share of earnings approximately 24 hrs after operation, and approximately 2 to 4 days daily (dependent on multi-pool, or set script coins settings.) Multiple pools will be set up in redundancy should there be a failover on one of them to ensure units are operational. As the operator of the units and a mutual investor, the intention is to keep the units 100% running. I will do everything in my power to keep down time minimal to none. I have a contingency location that upon failure of the machines due to power, internet or the like, the units will be operational within a reasonable amount of time (12 to 24 hours.) Contingencies and preparations have already been put in place for my personal mining farm of GPU’s such as upgraded power supply as well a second source of internet. Roll out of operationThe intention of this project is to stay exclusively within the WhiteCoin Community. We work out a trusted party to monitor funds, hash rates etc. and mine on an auto-convert pool to WC. Needless to say 500 Mh/s of community power converting other coins to WC could be powerful. Then at a point determined by community we can switch to multipool, or only payout in BTC. It would be community driven; meaning your number of shares will equal your number of votes. Alpha Technologies(from website Alpha-T.net)Alpha Technology is a technology firm based in the UK, located in Manchester, comprising of a team of experienced IT and engineering specialists. Bringing together our expertise and that of our partners, we provide hardware that is powerful, durable and cost-efficient to the cryptocurrency market. The company was founded by Mohammed Mubasher Akram, a graduate in Electrical and Electronic Engineering whose goal was to provide innovative and specialised hardware to the cryptocurrency industry. He then gathered invaluable contacts, partnerships and designs and produced the first ASIC miners for all cryptocurrencies based on the Scrypt algorithm. Regarding our upcoming Scrypt ASIC miner, Alpha Technology will be dealing with customer support, sales, marketing and distribution. Our partners Dexcel Designs will be providing the physical and technical engineering including the design and manufacturing of the devices. Our OrderThe order being offered to investors #7090 shown below with deposit paid. Please note: Alpha T has made many updates regarding speed/effiency. The original order was for 25Mh/s, this represents their fastest unit which has been most recently announced at 250 Mh/s.  who was this? |
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WhiteNotWright
Full Member
Offline
Activity: 196
Merit: 100
Fibre Knight
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June 29, 2014, 11:08:16 PM |
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no new coin, we just need new investors. and we need to protect old investors, so than just keep buying and hold, than community will happy about prices. i still buying and everyone just act like me, we ll see over 5K sat very soon. have a nice day.
Glad to see there are others agai no new coin, we just need new investors. and we need to protect old investors, so than just keep buying and hold, than community will happy about prices. i still buying and everyone just act like me, we ll see over 5K sat very soon. have a nice day.
Thank you, I agree one coin, this coin, the one we invested in, the one we huddled around. |
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tevayo
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June 29, 2014, 11:13:19 PM |
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no new coin, we just need new investors. and we need to protect old investors, so than just keep buying and hold, than community will happy about prices. i still buying and everyone just act like me, we ll see over 5K sat very soon. have a nice day.
Glad to see there are others agai no new coin, we just need new investors. and we need to protect old investors, so than just keep buying and hold, than community will happy about prices. i still buying and everyone just act like me, we ll see over 5K sat very soon. have a nice day.
Thank you, I agree one coin, this coin, the one we invested in, the one we huddled around. 1 |
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surfguy72
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June 29, 2014, 11:44:28 PM |
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500 Mh/s Script Asic Share Mining ProposalForward from Surfguy72:Hey WhiteCoin Community! I have a proposal here I’d like for you to check out. After reading, I’ll be glad to answer your questions. My intention with this proposal is to create a community shared mining setup. Where we pull our resources together for our benefit and the benefit of the WhiteCoin Community. Some of the details below are intentionally left a little vague; the reason? This will be a sub community of miners that will function in a democratic sort of manner to an extent. I look forward to your questions, and will edit this with FAQ's as they come up. I've got a day job too, so PM me if you for sure want to get your answer from me, i'll do my best to monitor SummaryI am an intermediate miner who has purchased 2 Viper Script ASICS now rated at 250 Mh/s each with power consumption maxing at 2500 Watts. I have placed the deposit already of 30% of purchase price to reserve the order, and am now seeking investors to purchase the remaining 70% of purchase price and applicable taxes any shipping/handling charges. In return, Investors will receive their respective proportion of hashing speed minus costs. This hashing speed will be directed towards multipool(s) who will convert to WC from the most profitable script coins. Operation Alpha Technologies is due to ship product in July 2014. Order number does play a part in shipping order, however, the time between the first shipment and the last on batch 1 will be within days of each other. Upon confirmation of delivery, the tracking number will be provided to investors, the units will be installed and operational within 48 hrs, and investors will again be notified. Investors will receive their share of earnings approximately 24 hrs after operation, and approximately 2 to 4 days daily (dependent on multi-pool, or set script coins settings.) Multiple pools will be set up in redundancy should there be a failover on one of them to ensure units are operational. As the operator of the units and a mutual investor, the intention is to keep the units 100% running. I will do everything in my power to keep down time minimal to none. I have a contingency location that upon failure of the machines due to power, internet or the like, the units will be operational within a reasonable amount of time (12 to 24 hours.) Contingencies and preparations have already been put in place for my personal mining farm of GPU’s such as upgraded power supply as well a second source of internet. Roll out of operationThe intention of this project is to stay exclusively within the WhiteCoin Community. We work out a trusted party to monitor funds, hash rates etc. and mine on an auto-convert pool to WC. Needless to say 500 Mh/s of community power converting other coins to WC could be powerful. Then at a point determined by community we can switch to multipool, or only payout in BTC. It would be community driven; meaning your number of shares will equal your number of votes. Alpha Technologies(from website Alpha-T.net)Alpha Technology is a technology firm based in the UK, located in Manchester, comprising of a team of experienced IT and engineering specialists. Bringing together our expertise and that of our partners, we provide hardware that is powerful, durable and cost-efficient to the cryptocurrency market. The company was founded by Mohammed Mubasher Akram, a graduate in Electrical and Electronic Engineering whose goal was to provide innovative and specialised hardware to the cryptocurrency industry. He then gathered invaluable contacts, partnerships and designs and produced the first ASIC miners for all cryptocurrencies based on the Scrypt algorithm. Regarding our upcoming Scrypt ASIC miner, Alpha Technology will be dealing with customer support, sales, marketing and distribution. Our partners Dexcel Designs will be providing the physical and technical engineering including the design and manufacturing of the devices. Our OrderThe order being offered to investors #7090 shown below with deposit paid. Please note: Alpha T has made many updates regarding speed/effiency. The original order was for 25Mh/s, this represents their fastest unit which has been most recently announced at 250 Mh/s. who was this? Was and is me  payment is still not due if there's interest |
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tevayo
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June 30, 2014, 12:10:01 AM |
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500 Mh/s Script Asic Share Mining ProposalForward from Surfguy72:Hey WhiteCoin Community! I have a proposal here I’d like for you to check out. After reading, I’ll be glad to answer your questions. My intention with this proposal is to create a community shared mining setup. Where we pull our resources together for our benefit and the benefit of the WhiteCoin Community. Some of the details below are intentionally left a little vague; the reason? This will be a sub community of miners that will function in a democratic sort of manner to an extent. I look forward to your questions, and will edit this with FAQ's as they come up. I've got a day job too, so PM me if you for sure want to get your answer from me, i'll do my best to monitor SummaryI am an intermediate miner who has purchased 2 Viper Script ASICS now rated at 250 Mh/s each with power consumption maxing at 2500 Watts. I have placed the deposit already of 30% of purchase price to reserve the order, and am now seeking investors to purchase the remaining 70% of purchase price and applicable taxes any shipping/handling charges. In return, Investors will receive their respective proportion of hashing speed minus costs. This hashing speed will be directed towards multipool(s) who will convert to WC from the most profitable script coins. Operation Alpha Technologies is due to ship product in July 2014. Order number does play a part in shipping order, however, the time between the first shipment and the last on batch 1 will be within days of each other. Upon confirmation of delivery, the tracking number will be provided to investors, the units will be installed and operational within 48 hrs, and investors will again be notified. Investors will receive their share of earnings approximately 24 hrs after operation, and approximately 2 to 4 days daily (dependent on multi-pool, or set script coins settings.) Multiple pools will be set up in redundancy should there be a failover on one of them to ensure units are operational. As the operator of the units and a mutual investor, the intention is to keep the units 100% running. I will do everything in my power to keep down time minimal to none. I have a contingency location that upon failure of the machines due to power, internet or the like, the units will be operational within a reasonable amount of time (12 to 24 hours.) Contingencies and preparations have already been put in place for my personal mining farm of GPU’s such as upgraded power supply as well a second source of internet. Roll out of operationThe intention of this project is to stay exclusively within the WhiteCoin Community. We work out a trusted party to monitor funds, hash rates etc. and mine on an auto-convert pool to WC. Needless to say 500 Mh/s of community power converting other coins to WC could be powerful. Then at a point determined by community we can switch to multipool, or only payout in BTC. It would be community driven; meaning your number of shares will equal your number of votes. Alpha Technologies(from website Alpha-T.net)Alpha Technology is a technology firm based in the UK, located in Manchester, comprising of a team of experienced IT and engineering specialists. Bringing together our expertise and that of our partners, we provide hardware that is powerful, durable and cost-efficient to the cryptocurrency market. The company was founded by Mohammed Mubasher Akram, a graduate in Electrical and Electronic Engineering whose goal was to provide innovative and specialised hardware to the cryptocurrency industry. He then gathered invaluable contacts, partnerships and designs and produced the first ASIC miners for all cryptocurrencies based on the Scrypt algorithm. Regarding our upcoming Scrypt ASIC miner, Alpha Technology will be dealing with customer support, sales, marketing and distribution. Our partners Dexcel Designs will be providing the physical and technical engineering including the design and manufacturing of the devices. Our OrderThe order being offered to investors #7090 shown below with deposit paid. Please note: Alpha T has made many updates regarding speed/effiency. The original order was for 25Mh/s, this represents their fastest unit which has been most recently announced at 250 Mh/s. who was this? Was and is me payment is still not due if there's interest I think an interesting idea, maybe in a few days (to see how things develop) can address the issue and invest in something. |
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Khelgaar
Member
Offline
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
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June 30, 2014, 05:40:04 AM |
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no new coin, we just need new investors. and we need to protect old investors, so than just keep buying and hold, than community will happy about prices. i still buying and everyone just act like me, we ll see over 5K sat very soon. have a nice day.
Yeah mate, 5k sat will be and it is only in my wet dreams and it happened again last night. just woke up with a boner, nothing else  I`m kidding, no offense but if WC continue like this it`ll take not months than years to reach 5k satoshi. i`m not that strong as miner/investor to currently buy for others just to get theirs interest and keep price were it is. It need more to be done than just buy and hold...  Cheers B. |
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hitbtc
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June 30, 2014, 12:03:02 PM |
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Hi! We are the Hitbtc team. Hitbtc is the most advanced exchange. Now everyone can vote for their favourite currency to be added to Hitbtc. You can start voting here: https://hitbtc.com/voteAmong the latest currencies taking part in our vote is Whitecoin. So we invite all of you to take part in voting to add Whitecoin to Hitbtc. Votes from registered users will be multiplied x10! |
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hitbtc
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June 30, 2014, 01:42:42 PM |
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Thank you! Whitecoin has strong and diverse community. We are sure that you have a real chance of attaining one of the lead positions in the voting table, but we've noticed sadly that you have too few votes at present. Perhaps it is due to the fact you did not hear about our voting before. Every cryptocurrency has equal chances, so if you have any questions, you can contact us here or via our official pages on Facebook and Twitter. Good luck! |
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ycz
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June 30, 2014, 02:04:00 PM |
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Thank you! Whitecoin has strong and diverse community. We are sure that you have a real chance of attaining one of the lead positions in the voting table, but we've noticed sadly that you have too few votes at present. Perhaps it is due to the fact you did not hear about our voting before. Every cryptocurrency has equal chances, so if you have any questions, you can contact us here or via our official pages on Facebook and Twitter. Good luck! Voted. I considered to open an account on hitbtc weeks ago. I found that in order to get the account verified, I need to obtain a letter from a bank branch to confirm that I am the owner of that bank account. However, I currently have only online banking accounts and there is no local branch. So, I won't be able to obtain such a letter, and hitbtc doesn't work for people like me (with no local banking account). |
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mogonzo
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June 30, 2014, 02:16:51 PM |
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Hello Everyone,
I'm really glad to see such in depth discussion about WhiteOut. I can see that there is some movement towards avoiding this new coin, however just from my own observations it does seem the majority still want it.
I'd like to offer my own personal opinion regarding "Anonymous transactions".
As some of you know, I've spent many years working in political and activist spheres. As an outed "Anon", I can tell you with certainty that true Anonymity on the internet does not exist. It's simply a matter of the precautions you are willing to take and how difficult you can make the job to your 'snoop'. The group who posted to reddit is also correct in my opinion that the vast majority of these "Anonymous" coins either do not work, or have central points of failure that make them easily compromised by a person with the necessary skills.
With that, and Crypto making strong moves to enter the mainstream, I am very much convinced that "Anon features" are at worst a fad, and at best a niche service within our industry.
All that said, I do believe this is a service people want right now. We've seen innumerable requests from community members and potential investors alike to implement some kind of privacy feature into WhiteCoin. Our roadblock to achieving this is that we risk WC's blockchain by trying to implement the feature directly into WC. Staking software technology is just not all that compatible with privacy in the long term.
I did eventually come around to supporting doing this as a companion coin because I do believe that we have the necessary infrastructure in place to see it be of value to all of our investors. I also think that companion coins are the way of the future in crypto. As a legit operator with an established history of transparency and financial accountability, I think we're uniquely positioned to offer an IPO. I also strongly believe that offering WOC as an IPO with WC as the only entry vehicle would indeed cause a rise in value permanently in WC. From a math standpoint, in theory the coins prices should average out over time. So if we created WOC with the lower total coin count, we should see a rise of 500-1000 sat after correction to WC.
With all that out there now, I do believe we should extend the community discussion phase by a few days as there have been some great points made on all sides of this discussion. I'm going to spend some time today finalizing the proposal as to how the IPO would work, and post it here.
In my opinion, we should wait on posting the pre-ann thread until we have a clear and permanent majority consensus on proceeding down this avenue.
Best regards,
Chris Salsman
Acting President, The WhiteCoin Foundation
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surfguy72
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June 30, 2014, 02:19:13 PM
Last edit: June 30, 2014, 02:39:46 PM by surfguy72 |
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Thank you! Whitecoin has strong and diverse community. We are sure that you have a real chance of attaining one of the lead positions in the voting table, but we've noticed sadly that you have too few votes at present. Perhaps it is due to the fact you did not hear about our voting before. Every cryptocurrency has equal chances, so if you have any questions, you can contact us here or via our official pages on Facebook and Twitter. Good luck! Then signup for an account, and vote (will be a total of 11 votes) https://hitbtc.com/voteAlso, under exchanges on our ANN page I have the link indicating voting only. Doge got added with about 1600 votes. Thats only 160 registered users hitting vote. We can get added i'm sure! |
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tw0rak
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June 30, 2014, 03:23:51 PM
Last edit: June 30, 2014, 04:20:59 PM by tw0rak |
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Hi there WhiteCoiners, I would like to share here with you the situation what happend to me: I was supporting WhiteCoin from the beginning, helped to price rise, bought more and more WhiteCoins when the price was going lower, helping with wallet translation to my native language etc. Totally i have collected over 950k WC. I was intending to HOLD them a LONG time. Over 1BTC in WC. Nice number for a poor guy from middle europe, more than half of my monthly wage. Yesterday evening i was thinking about purchasing some trading bot to make trades for me when im at work. Made quick google search and found a youtube video. Starting to watch that and clicked the link under it, downloaded a program from mediafire, continue watching the video about the program and installing it in the meantime. And now what happend in next quarter an hour: a) setup.exe - does nothing, i started to be suspicious its a virus - hard restart the computer to safe what i can b) everything looks fine, now my Mintpal account logged out - i had my pwd stored in Chrome, just logged back again c) everything looks fine, Mintpal acc logged me out again - logged back in and FCUK - all my WC were gone d) i tought its a mintpal fault, they had restart sth - therefore the logouts - i tought it will be fine in a few mins e) wrote to #whitecoinfoundation IRC - but nobody has those problems f) starting to investigate what was happening g) obviously I have sold all my WhiteCoins for the price 125-122 satoshi...nice but where are the BTC? h) BTC were traded for DarkCoins at the lowest offer i) DRK were withdrawed to some guys wallet (not mine) and confirmed using my email j) there is no confirmation email, even in trash k) tracking the DRK wallet using the blockexplorer and the coins were sent half an hour after that to Cryptsy wallet l) probalby traded there for clean and clear BTC. Did I have a antivirus/firewall? No. Did I had easy pwd? No - 18 H/L letters, numbers, special signs. Im I new here? No - just new nick to my old tw0r. Why Im writing this? TO WARN YOU ALL! Its most imporant here its very important to me so be satisfied - everything bad have to bring something good. The second think - like i wrote to IRC: We are a great community, and Im sure I will do the same if it happends to you.
Anyone can help poor guy robbed for his WhiteCoin, please donate a bit...950k was stolen, every little bit helps a lot...
Thanks
WfAGYTGLF8JFW81dbrDBRsA49uw76iSKzP This is my safe WhiteCoin address. 3 people from the IRC #whitecoinfoundation helped me every 0.5-1.1% of the stolen amount. I appreciate that very much. Thank you guys. Sorry for my english, correct me if Im wrong somewhere - Im from Czech Republic. Now the links: !!! Do NOT download that !!! Its just FYI. Aware of programs like that! Youtube video: https://www.youtube.com/watch?v=ZCy5VAQs4SoMediafire file: http://www.mediafire.com/download/1329c4rs8vspypq/Bitcoin.Bot.GT.v1.3.zipThe video have over 3k watched - how many people was fcked up like me? Best regards and good luck to all of you and to WhiteCoin itself. TW0R |
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surfguy72
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June 30, 2014, 03:43:40 PM |
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Hi there WhiteCoiners, I would like to share here with you the situation what happend to me: I was supporting WhiteCoin from the beginning, helped to price rise, bought more and more WhiteCoins when the price was going lower, helping with wallet translation to my native language etc. Totally i have collected over 950k WC. Nice number for a poor guy from middle europe, more than half of my month wage. Yesterday evening i was thinking about purchasing some trading bot to make trades for me when im at work. Made quick google search and found a youtube video. Starting to watch that and clicked the link under it, downloaded a program from mediafire, continue watching the video about the program and installing it in the meantime. And now what happend in next quarter an hour: a) setup.exe - does nothing, i started to be suspicious its a virus - hard restart the computer to safe what i can b) everything looks fine, now my Mintpal account logged out - i had my pwd stored in Chrome, just logged back again c) everything looks fine, Mintpal acc logged me out again - logged back in and FCUK - all my WC were gone d) i tought its a mintpal fault, they had restart sth - therefore the logouts - i tought it will be fine in a few mins e) wrote to #whitecoinfoundation IRC - but nobody has those problems f) starting to investigate what was happening g) obviously I have sold all my WhiteCoins for the price 125-122 satoshi...nice but where are the BTC? h) BTC were traded for DarkCoins at the lowest offer i) DRK were withdrawed to some guys wallet (not mine) and confirmed using my email j) there is no confirmation email, even in trash k) tracking the DRK wallet using the blockexplorer and the coins were sent half an hour after that to Cryptsy wallet l) probalby traded there for clean and clear BTC. Did I have a antivirus/firewall? No. Did I had easy pwd? No - 18 H/L letters, numbers, special signs. Im I new here? No - just new nick to my old tw0r. Why Im writing this? TO WARN YOU ALL! Its most imporant here its very important to me so be satisfied - everything bad have to bring something good. The second think - like i wrote to IRC: We are a great community, and Im sure I will do the same if it happends to you.
Anyone can help poor guy robbed for his WhiteCoin, please donate a bit...950k was stolen, every little bit helps a lot...
Thanks
WfAGYTGLF8JFW81dbrDBRsA49uw76iSKzP This is my safe WhiteCoin address. 3 people from the IRC #whitecoinfoundation helped me every 0.5-1.1% of the stolen amount. I appreciate that very much. Thank you guys. Sorry for my english, correct me if Im wrong somewhere - Im from Czech Republic. Now the links: !!! Do NOT download that !!! Its just FYI. Aware of programs like that! Youtube video: https://www.youtube.com/watch?v=ZCy5VAQs4SoMediafire file: http://www.mediafire.com/download/1329c4rs8vspypq/Bitcoin.Bot.GT.v1.3.zipThe video have over 3k watched - how many people was fcked up like me? Best regards and good luck to all of you and to WhiteCoin itself. TW0R Thanks for sharing your troubles, and I am very sorry to hear about what happened. THanks for sharing the link of where the bad files are, hopefully we can save a few others. If you can spare a few extra WC, I'm sure tw0r would appreciate his back. WfAGYTGLF8JFW81dbrDBRsA49uw76iSKzP |
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WhiteNotWright
Full Member
Offline
Activity: 196
Merit: 100
Fibre Knight
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June 30, 2014, 04:38:33 PM |
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Hello Everyone,
I'm really glad to see such in depth discussion about WhiteOut. I can see that there is some movement towards avoiding this new coin, however just from my own observations it does seem the majority still want it.
I'd like to offer my own personal opinion regarding "Anonymous transactions".
As some of you know, I've spent many years working in political and activist spheres. As an outed "Anon", I can tell you with certainty that true Anonymity on the internet does not exist. It's simply a matter of the precautions you are willing to take and how difficult you can make the job to your 'snoop'. The group who posted to reddit is also correct in my opinion that the vast majority of these "Anonymous" coins either do not work, or have central points of failure that make them easily compromised by a person with the necessary skills.
With that, and Crypto making strong moves to enter the mainstream, I am very much convinced that "Anon features" are at worst a fad, and at best a niche service within our industry.
All that said, I do believe this is a service people want right now. We've seen innumerable requests from community members and potential investors alike to implement some kind of privacy feature into WhiteCoin. Our roadblock to achieving this is that we risk WC's blockchain by trying to implement the feature directly into WC. Staking software technology is just not all that compatible with privacy in the long term.
I did eventually come around to supporting doing this as a companion coin because I do believe that we have the necessary infrastructure in place to see it be of value to all of our investors. I also think that companion coins are the way of the future in crypto. As a legit operator with an established history of transparency and financial accountability, I think we're uniquely positioned to offer an IPO. I also strongly believe that offering WOC as an IPO with WC as the only entry vehicle would indeed cause a rise in value permanently in WC. From a math standpoint, in theory the coins prices should average out over time. So if we created WOC with the lower total coin count, we should see a rise of 500-1000 sat after correction to WC.
With all that out there now, I do believe we should extend the community discussion phase by a few days as there have been some great points made on all sides of this discussion. I'm going to spend some time today finalizing the proposal as to how the IPO would work, and post it here.
In my opinion, we should wait on posting the pre-ann thread until we have a clear and permanent majority consensus on proceeding down this avenue.
Best regards,
Chris Salsman
Acting President, The WhiteCoin Foundation
I have voiced my concern. Count me out if you go forward with another coin, not that it matters, but I think it will doom this coin in the end. |
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vetalysd
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June 30, 2014, 04:47:16 PM |
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VOTE FOR WHITECOIN please donate for dev.
BTC: 13MVMftimCmpQEsryo47pTs97ubmwkT31Y
LTC: Lh9ChfS1X3YWXmapr66nQjj3qZmys3qkNw
DOGE: DJMxzVrURhmsWFZHCjK5kDVHEqP5FcfGvy |
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WhiteNotWright
Full Member
Offline
Activity: 196
Merit: 100
Fibre Knight
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June 30, 2014, 04:58:21 PM |
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Thank you! Whitecoin has strong and diverse community. We are sure that you have a real chance of attaining one of the lead positions in the voting table, but we've noticed sadly that you have too few votes at present. Perhaps it is due to the fact you did not hear about our voting before. Every cryptocurrency has equal chances, so if you have any questions, you can contact us here or via our official pages on Facebook and Twitter. Good luck! Then signup for an account, and vote (will be a total of 11 votes) https://hitbtc.com/voteAlso, under exchanges on our ANN page I have the link indicating voting only. Doge got added with about 1600 votes. Thats only 160 registered users hitting vote. We can get added i'm sure! Voted, did not sign up as I don't connect bank accounts to exchanges. I will help where I can, so please vote! |
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