anarchyx
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February 16, 2015, 01:03:57 PM |
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Price can fluctuate easily. There are only 3.7 million coins currently. It will take many many years to hit 21m coins, just like BTC.
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bla_bla
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February 16, 2015, 01:28:21 PM Last edit: February 16, 2015, 01:40:19 PM by bla_bla |
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Price can fluctuate easily. There are only 3.7 million coins currently. It will take many many years to hit 21m coins, just like BTC.
yes 21M and now we have 3.7M so the price will go down , or should go down you need time to create the other coins... so you have for that time pressure on the price coin creation ..is nothing else than inflation 7200 new coins/day without any real demand ... what will happen to the price and please dont forget... now can you buy membership with LTC and DOGE! if you want a membership just go to the first exchange and buy LTC, DOGE or BTC no need for WKC ... no wonder we dont have any vol. on the exchanges or only fake vol. ...
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anarchyx
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February 17, 2015, 12:40:35 AM |
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lol 20TH. Now you're just panicking. Spend the $ you're paying for electricity and buy WKC.
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anarchyx
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February 17, 2015, 12:42:09 AM |
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I removed my buy orders on bittrex to help you out.
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anarchyx
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February 17, 2015, 01:37:19 AM |
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haha, just wait, short term price will go up and down. Longterm I think we'll only trend up since price is so cheap. WKC mirrors BTC in total distribution so it is equally rare. Can you imagine $100 or $1000 WKC? If you say no, you're just like the guy who bought a 10k BTC pizza and he is kicking himself now.
what is short term and what is long term? price will go down , because we have now only 3.5M coins of 21M (who will wait 2.5year till halve)... and when the BTC goes up ... (400-500$ or more) it will be difficult to raise the price of WKC only if someone with deep pockets can afford to push the price ... for ? profit? easiest way is to adjust the coin ... from 21M to 10.5M (halve on 5.25M) try to add it on more exchanges make a airdrop ... (best promotion) for porn.com user to gain wider acceptance ... when you take a close look at the exchanges you will see that the buy isn't big and the buy orders are not really moving up ... so I would say this buying is just a trap ... someone is pushing the price up and I see a drop... good thing will be when BTC goes again down ... (I think that it must go under 150$) before the price explodes I will mine the few coins and then wait and see... in the last 6 months nothing is done why would now the price go up without any reason? I like your airdrop idea lol. We also need more regular cam girl promotions like we've seen previously. As well as a new promo video to show continued dev support.
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darkslash
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February 17, 2015, 02:51:23 PM |
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to celebrate my love for wank coin i am pimpin my body out for 1 night only my name is kezra im 21 from australia here is my twitter https://twitter.com/DarkSlashhadd me if you like<3 。☆ 。☆。☆ ★。\|/。★ CUSTOM SIGNED BOOBIE PICS= ONLY 4000WKC PM your TXID and what name or word you would like 1DbZExY1xwRZR8PZzm3eDqEHZAfVd82pyS ☆。 ★。 ☆ ★ 。☆ 。☆。☆ for btc transactions CUSTOM SIGNED BOOBIE PICS= .052bt 1BM51Ka8dCD2df6LG1QeiFiHQiAGivVZaC
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popolite11
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February 17, 2015, 03:21:28 PM |
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Price can fluctuate easily. There are only 3.7 million coins currently. It will take many many years to hit 21m coins, just like BTC.
I agree with you fully but some people don't understand simple mathematics.
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paycum
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February 18, 2015, 12:17:35 AM |
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In my opinion there are a 2 main reasons why there is a lack of interest:
- there seems to be nobody working on this coin to improve it. I mean, we dont see any daily, weekly or even monthly updates. There is no roadmap, no goal. I dont mean this in a bad way, but even the owners dont show much interest, why would anyone else show interest?
- the big porn network that supposed to accept wankcoin uses it only as "one of the alternative coins" on his payment pages together with litecoin, dogecoin, btc. As most users dont even know/trust btc why they would use wankcoin? Secondly to buy wankcoin you need btc first so customers are better of spending btc directly.
- the orderbooks are empty, we as investors can hardly buy or sell coins without changing the price with 500%...so customers have the same problem right?
Basically there currently is no reason why anyone would buy wankcoin and spend it on porn..
Maybe im wrong about this, but this is my view on it
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CryptoGreg
Member
Offline
Activity: 103
Merit: 10
Wankcoin (WKC) Administration
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February 18, 2015, 05:22:22 PM |
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Hey everyone,
Thanks for the continued discussion. As it is probably a few pages back, the last post I made mentioned how development on WKC has been put on hold for now as we work on other projects.
There are a number of things the team wants to implement, unfortunately until we get the okay to go ahead these ideas are on hold until the other projects are completed.
I try to come online and look at the forum daily, but the last couple weeks have been very hectic and unfortunately I haven't been able to do so. I am an accountant by day and it is tax season now as well.
If you guys are posting messages to us on the thread, drop me a PM if some time has gone past and I'll be notified to come look.
Greg
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Wankcoin (WKC): 1LKrvHLP6TBywLxVPQrpabYFePNXt6uUY6 Bank while you wank!
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BigChach
Newbie
Offline
Activity: 4
Merit: 0
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February 18, 2015, 08:29:13 PM |
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In my opinion there are a 2 main reasons why there is a lack of interest:
- there seems to be nobody working on this coin to improve it. I mean, we dont see any daily, weekly or even monthly updates. There is no roadmap, no goal. I dont mean this in a bad way, but even the owners dont show much interest, why would anyone else show interest?
- the big porn network that supposed to accept wankcoin uses it only as "one of the alternative coins" on his payment pages together with litecoin, dogecoin, btc. As most users dont even know/trust btc why they would use wankcoin? Secondly to buy wankcoin you need btc first so customers are better of spending btc directly.
- the orderbooks are empty, we as investors can hardly buy or sell coins without changing the price with 500%...so customers have the same problem right?
Basically there currently is no reason why anyone would buy wankcoin and spend it on porn..
Maybe im wrong about this, but this is my view on it
I feel your pain, but at the same time, I have a different viewpoint. First off, I manage the company that employs the WKC Dev team, so I am not just guessing, but at the same time, I must admit that I myself probably know less about cryptos than you do, or than many of the people on here do. That's not a reflection of our talent, our team is very well versed in this area, I myself however am not. We do have specific goals with the coin, but I don't think right now is the most opportune time to launch or roll out many of them. The crypto market, I believe is on it's way to being quite a bit more stable than it has been over the last year. I think what we have seen with a lot of coins, including BTC, is a natural market correction, not a temporary drop. The nature of a market like BTC, (or any crypto) is that competition will continue to enter until such point as profitability has reached a minimum allowable or acceptable rate. It's like an auction, we will all keep bidding on something until it's price has reached the minimum amount below retail that we are willing to pay. The value of BTC was simply not sustainable at the levels it was at before, people were making too much money from mining, the only ways available to correct that were to increase the network hash rate by 200 fold all at once (which would be pretty tough), decrease the block reward to 1 BTC (which the code doesn't allow for), or devalue the coin until there is just an "acceptable" level of profit for those mining efficiently. We've got that now, those with efficient miners can make a profit, reinvest that profit into more efficient machines and make more profit. Those without the advantage of having the best equipment have a harder time breaking even, that is the nature of how this type of market works, a system isn't efficient until those with the means and purchasing power to take advantage of the newest technology squeeze out all the small fries. It's sad news, but it's life. So, that's great, BTC's value is now attached to something tangible, the cost of creating the coins, so why wouldn't now be the time to strike? The entire community that supports crypto has just gone through a very bumpy roller coaster ride. It needs time to come to terms with the reality that is the crypto market and the reality that making a profit here should be hard work just like everywhere else. The wounds dealt to those who supported and invested in BTC have to heal before we can hope to win them over let alone a whole bunch of people who didn't loose anything on BTC, but know of people who did. People who are just learning about BTC are less inclined to invest because you don't invest on a downturn, you invest on the upswing. Just like you don't bet on a loosing horse, you don't let it ride on a loosing streak, and when you go broke at the casino, you don't go to the bank machine and withdraw more money. Over the next few months you will see the price of high volume cryptos stabilize even more, fluctuations in price will look more like regular fluctuations that you would see in a stock price or in a fiat currency. Massive sell offs will continue to wreak havoc on the price but it will bounce back quickly (and realistically, the exact same thing happens with stocks and fiat currencies, there just aren't many people who own enough of 1 currency to sell it off and tank the value. As an example, Berkshire Hathaway (Warren Buffets investment company) just sold off it's stake in Exxon Mobil, their stake was about 1%, or just under $4 Billion. That massive sell off, even if executed over time, has a real effect on the stock price. Consequently, the news of the sell off also has an effect on the stock price, just like the news of some investor liquidating $50 M in BTC has an effect on the price, even if the report is false. Anyways, I am rambling, the market will stabilize, many of the rip off coins will be weeded out and it will be time for those who are left to make their push, and we will be ready. I think you guys have been made aware of what we do have in the pipe a few times already, but I will mention a few here. When it is time, we have a safe and secure way for people to buy WKC with cash. When it is time, we have a way to guarantee merchants liquidity for the coins they accept at a fair price that will not cause them to loose money. When it is time and with the knowledge that we can guarantee liquidity, I have a large list of merchants ready and waiting to add WKC to their offerings. Until it is time, I will not advise them to do so. I won't comment on possible changes to the code itself, although we have plans, like I mentioned at the start of the post, that just isn't my area. P.S. If anyone is interested, I only charge 50 WKC to write your name on my titties! Wallet addy: 1CTXXKjQLkEdVnKfz5SpdWrD7HAQk7NcLS
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neo9436
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February 18, 2015, 09:03:22 PM |
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P.S. If anyone is interested, I only charge 50 WKC to write your name on my titties! Wallet addy: 1CTXXKjQLkEdVnKfz5SpdWrD7HAQk7NcLS
As awesome as your titties probably are, I think I'd rather see these titties! to celebrate my love for wank coin i am pimpin my body out for 1 night only my name is kezra im 21 from australia here is my twitter https://twitter.com/DarkSlashhadd me if you like<3 。☆ 。☆。☆ ★。\|/。★ CUSTOM SIGNED BOOBIE PICS= ONLY 4000WKC PM your TXID and what name or word you would like 1DbZExY1xwRZR8PZzm3eDqEHZAfVd82pyS ☆。 ★。 ☆ ★ 。☆ 。☆。☆ for btc transactions CUSTOM SIGNED BOOBIE PICS= .052bt 1BM51Ka8dCD2df6LG1QeiFiHQiAGivVZaC
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paycum
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February 18, 2015, 10:50:54 PM |
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bigchach, many thanks for the long detailed answer. good to hear you at least have a plan in mind and good to hear the team is stil alive and kicking!
if its a matter of time it might be an option to hire some people to do it for you?
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anarchyx
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February 19, 2015, 02:42:46 AM |
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In my opinion there are a 2 main reasons why there is a lack of interest:
- there seems to be nobody working on this coin to improve it. I mean, we dont see any daily, weekly or even monthly updates. There is no roadmap, no goal. I dont mean this in a bad way, but even the owners dont show much interest, why would anyone else show interest?
- the big porn network that supposed to accept wankcoin uses it only as "one of the alternative coins" on his payment pages together with litecoin, dogecoin, btc. As most users dont even know/trust btc why they would use wankcoin? Secondly to buy wankcoin you need btc first so customers are better of spending btc directly.
- the orderbooks are empty, we as investors can hardly buy or sell coins without changing the price with 500%...so customers have the same problem right?
Basically there currently is no reason why anyone would buy wankcoin and spend it on porn..
Maybe im wrong about this, but this is my view on it
I feel your pain, but at the same time, I have a different viewpoint. First off, I manage the company that employs the WKC Dev team, so I am not just guessing, but at the same time, I must admit that I myself probably know less about cryptos than you do, or than many of the people on here do. That's not a reflection of our talent, our team is very well versed in this area, I myself however am not. We do have specific goals with the coin, but I don't think right now is the most opportune time to launch or roll out many of them. The crypto market, I believe is on it's way to being quite a bit more stable than it has been over the last year. I think what we have seen with a lot of coins, including BTC, is a natural market correction, not a temporary drop. The nature of a market like BTC, (or any crypto) is that competition will continue to enter until such point as profitability has reached a minimum allowable or acceptable rate. It's like an auction, we will all keep bidding on something until it's price has reached the minimum amount below retail that we are willing to pay. The value of BTC was simply not sustainable at the levels it was at before, people were making too much money from mining, the only ways available to correct that were to increase the network hash rate by 200 fold all at once (which would be pretty tough), decrease the block reward to 1 BTC (which the code doesn't allow for), or devalue the coin until there is just an "acceptable" level of profit for those mining efficiently. We've got that now, those with efficient miners can make a profit, reinvest that profit into more efficient machines and make more profit. Those without the advantage of having the best equipment have a harder time breaking even, that is the nature of how this type of market works, a system isn't efficient until those with the means and purchasing power to take advantage of the newest technology squeeze out all the small fries. It's sad news, but it's life. So, that's great, BTC's value is now attached to something tangible, the cost of creating the coins, so why wouldn't now be the time to strike? The entire community that supports crypto has just gone through a very bumpy roller coaster ride. It needs time to come to terms with the reality that is the crypto market and the reality that making a profit here should be hard work just like everywhere else. The wounds dealt to those who supported and invested in BTC have to heal before we can hope to win them over let alone a whole bunch of people who didn't loose anything on BTC, but know of people who did. People who are just learning about BTC are less inclined to invest because you don't invest on a downturn, you invest on the upswing. Just like you don't bet on a loosing horse, you don't let it ride on a loosing streak, and when you go broke at the casino, you don't go to the bank machine and withdraw more money. Over the next few months you will see the price of high volume cryptos stabilize even more, fluctuations in price will look more like regular fluctuations that you would see in a stock price or in a fiat currency. Massive sell offs will continue to wreak havoc on the price but it will bounce back quickly (and realistically, the exact same thing happens with stocks and fiat currencies, there just aren't many people who own enough of 1 currency to sell it off and tank the value. As an example, Berkshire Hathaway (Warren Buffets investment company) just sold off it's stake in Exxon Mobil, their stake was about 1%, or just under $4 Billion. That massive sell off, even if executed over time, has a real effect on the stock price. Consequently, the news of the sell off also has an effect on the stock price, just like the news of some investor liquidating $50 M in BTC has an effect on the price, even if the report is false. Anyways, I am rambling, the market will stabilize, many of the rip off coins will be weeded out and it will be time for those who are left to make their push, and we will be ready. I think you guys have been made aware of what we do have in the pipe a few times already, but I will mention a few here. When it is time, we have a safe and secure way for people to buy WKC with cash. When it is time, we have a way to guarantee merchants liquidity for the coins they accept at a fair price that will not cause them to loose money. When it is time and with the knowledge that we can guarantee liquidity, I have a large list of merchants ready and waiting to add WKC to their offerings. Until it is time, I will not advise them to do so. I won't comment on possible changes to the code itself, although we have plans, like I mentioned at the start of the post, that just isn't my area. P.S. If anyone is interested, I only charge 50 WKC to write your name on my titties! Wallet addy: 1CTXXKjQLkEdVnKfz5SpdWrD7HAQk7NcLS I'm going to translate for some of the mentally challenged individuals: "Go buy a membership at porn.com, wank one out and chill until the crypto market stabilizes. When the time is right, we'll roll out our WKC ideas and rape the crypto market."
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X7
Legendary
Offline
Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
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February 19, 2015, 02:08:07 PM |
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In my opinion there are a 2 main reasons why there is a lack of interest:
- there seems to be nobody working on this coin to improve it. I mean, we dont see any daily, weekly or even monthly updates. There is no roadmap, no goal. I dont mean this in a bad way, but even the owners dont show much interest, why would anyone else show interest?
- the big porn network that supposed to accept wankcoin uses it only as "one of the alternative coins" on his payment pages together with litecoin, dogecoin, btc. As most users dont even know/trust btc why they would use wankcoin? Secondly to buy wankcoin you need btc first so customers are better of spending btc directly.
- the orderbooks are empty, we as investors can hardly buy or sell coins without changing the price with 500%...so customers have the same problem right?
Basically there currently is no reason why anyone would buy wankcoin and spend it on porn..
Maybe im wrong about this, but this is my view on it
I feel your pain, but at the same time, I have a different viewpoint. First off, I manage the company that employs the WKC Dev team, so I am not just guessing, but at the same time, I must admit that I myself probably know less about cryptos than you do, or than many of the people on here do. That's not a reflection of our talent, our team is very well versed in this area, I myself however am not. We do have specific goals with the coin, but I don't think right now is the most opportune time to launch or roll out many of them. The crypto market, I believe is on it's way to being quite a bit more stable than it has been over the last year. I think what we have seen with a lot of coins, including BTC, is a natural market correction, not a temporary drop. The nature of a market like BTC, (or any crypto) is that competition will continue to enter until such point as profitability has reached a minimum allowable or acceptable rate. It's like an auction, we will all keep bidding on something until it's price has reached the minimum amount below retail that we are willing to pay. The value of BTC was simply not sustainable at the levels it was at before, people were making too much money from mining, the only ways available to correct that were to increase the network hash rate by 200 fold all at once (which would be pretty tough), decrease the block reward to 1 BTC (which the code doesn't allow for), or devalue the coin until there is just an "acceptable" level of profit for those mining efficiently. We've got that now, those with efficient miners can make a profit, reinvest that profit into more efficient machines and make more profit. Those without the advantage of having the best equipment have a harder time breaking even, that is the nature of how this type of market works, a system isn't efficient until those with the means and purchasing power to take advantage of the newest technology squeeze out all the small fries. It's sad news, but it's life. So, that's great, BTC's value is now attached to something tangible, the cost of creating the coins, so why wouldn't now be the time to strike? The entire community that supports crypto has just gone through a very bumpy roller coaster ride. It needs time to come to terms with the reality that is the crypto market and the reality that making a profit here should be hard work just like everywhere else. The wounds dealt to those who supported and invested in BTC have to heal before we can hope to win them over let alone a whole bunch of people who didn't loose anything on BTC, but know of people who did. People who are just learning about BTC are less inclined to invest because you don't invest on a downturn, you invest on the upswing. Just like you don't bet on a loosing horse, you don't let it ride on a loosing streak, and when you go broke at the casino, you don't go to the bank machine and withdraw more money. Over the next few months you will see the price of high volume cryptos stabilize even more, fluctuations in price will look more like regular fluctuations that you would see in a stock price or in a fiat currency. Massive sell offs will continue to wreak havoc on the price but it will bounce back quickly (and realistically, the exact same thing happens with stocks and fiat currencies, there just aren't many people who own enough of 1 currency to sell it off and tank the value. As an example, Berkshire Hathaway (Warren Buffets investment company) just sold off it's stake in Exxon Mobil, their stake was about 1%, or just under $4 Billion. That massive sell off, even if executed over time, has a real effect on the stock price. Consequently, the news of the sell off also has an effect on the stock price, just like the news of some investor liquidating $50 M in BTC has an effect on the price, even if the report is false. Anyways, I am rambling, the market will stabilize, many of the rip off coins will be weeded out and it will be time for those who are left to make their push, and we will be ready. I think you guys have been made aware of what we do have in the pipe a few times already, but I will mention a few here. When it is time, we have a safe and secure way for people to buy WKC with cash. When it is time, we have a way to guarantee merchants liquidity for the coins they accept at a fair price that will not cause them to loose money. When it is time and with the knowledge that we can guarantee liquidity, I have a large list of merchants ready and waiting to add WKC to their offerings. Until it is time, I will not advise them to do so. I won't comment on possible changes to the code itself, although we have plans, like I mentioned at the start of the post, that just isn't my area. P.S. If anyone is interested, I only charge 50 WKC to write your name on my titties! Wallet addy: 1CTXXKjQLkEdVnKfz5SpdWrD7HAQk7NcLS Ok so in all seriousness, this response gave me a chubby. I want to write a nice detailed response but, being hung over from Carnival and running on 2 hours of sleep in 52 hours will not end well lol.. Instead I have sent you 50WKC to that address for now - Tits or GTFO <3 lol
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For what shall it profit a man, if he shall gain the world, and lose his own soul?
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BigChach
Newbie
Offline
Activity: 4
Merit: 0
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February 19, 2015, 10:02:40 PM |
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was a pretty hectic day around here and neo kept laughing at me when I lifted my shirt up, but Titty pics coming tomorrow, I promiss
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anarchyx
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February 22, 2015, 02:58:54 AM |
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Tits or GTFO
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pozmu
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February 22, 2015, 07:50:44 AM |
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other thing someone is also mining with few TH ... always taking 50% you can drop 100TH you will get only max 3500 coins (~40-50%)... look at network hash(sometimes its is over 20TH) and pool hash (max 10TH)... now they are same so I reduced to 5TH ...
so many things are f*cked right now... will see how this goes ... when I have my few coins (from mining) Im gone again... then you can play with hash ...
If it's dev mining it's not that bad actually When it is time
C'mon The time was when WKC was 10 000 - 30 000 SAT each.
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igba
Member
Offline
Activity: 111
Merit: 10
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February 25, 2015, 11:03:24 PM |
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dimke_yu
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February 26, 2015, 11:02:17 AM |
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Well it could be if there is a way to buy wankcoins easy with credit card, paypal etc. Also WKC network could be faster with faster block times or less confirmations... Like if there is blockchain.info type of wallet service for WKC and processor - merchant and customer are on same service that could enable zero confirmation times and much better performance.
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belmonty
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February 26, 2015, 11:11:49 AM |
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Well it could be if there is a way to buy wankcoins easy with credit card, paypal etc. Also WKC network could be faster with faster block times or less confirmations... Like if there is blockchain.info type of wallet service for WKC and processor - merchant and customer are on same service that could enable zero confirmation times and much better performance.
Paypal and credit card are reversible methods of payment and there have been cases where a coin buyer claims not to have received the crypto coins and tries to claim his money back through the chargeback procedure. People selling crypto coins on ebay often get that problem which is why it's very hard to find sellers prepared to accept paypal, or credit cards.
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