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If I had the money..

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3 hours ago, Diego said:

Thanks, Cryptojunky! I did just that a few days ago. When i tried to withdraw, saw a 404 error message and opened a ticket with BTC38. They withdrew manually for me. 

If Wdc wallet ever goes away, coins cannot be taken out of paper wallets, right? 

I don't believe they can go anywhere, but I may be wrong. 

Yes its a 404 message, they are aware. However today I went on chinese site which is a newer version and used google translate to translate page. Looks like that withdrawal works. If you log in on English site and go to Chinese site you remain logged in. Looks like you can do a withdrawal there too.

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On 15 Сентябрь 2017 г. at 9:57 PM, Cryptoid said:

I disagree with PoS. It does not encourage coin trading, but coin holding. This, essentially, makes it more of an asset but a currency. Somebody here said that PoS would "mummify" a coin. I could not have said it better. Maybe this is a necessary thing for now for WDC? I do not know.

You do not quite understand the problem. Today most of the coins uses a passive POS. This old technology is born in the depths of the PPC. But not long ago, a new system of active POS. It works almost as well as the POW system, with the difference that you do not need more video card or Asic chips. You get the reward as long as your wallet is in the active minting. If you close your wallet, you are no longer remunerated. This technology allows you to save colossal amounts of energy and has already been implemented in some coins. Do not consider it advertising, but Diamond already uses such a system. I'm sure that for this technology future. What it  gives for users, you can see in this picture :

5298131m04f6kpoTaT.jpg

I suggest that you once again think about the changes, because the position of conservative views should go to the past..

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4 hours ago, Shveicar said:

You do not quite understand the problem. Today most of the coins uses a passive POS.

...

...

That exactly IS the problem. There are zillions of coins today. How many are attractive? The ones that are used. POW at least forces trading. But POS? People sit on their coins and that's that. If you want to create a digital asset, then its fine.

I suppose there are bag holders who would be perfectly fine with the idea making WDC POS. They might just hold and hold and wait for the next hype to porn their coins off. A coin of no use and death in the long term.

The use of innovative and resilient POW algorithms can re-ignite interest in this coin. Yes, to miners in the first place. Traders follow suit. And then, hopefully, users.

And can you stop using this forum to shill other coins please. I cut the picture out of your quote. Maybe you can do same.

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2 hours ago, Cryptoid said:

That exactly IS the problem. There are zillions of coins today. How many are attractive? The ones that are used. POW at least forces trading. But POS? People sit on their coins and that's that. If you want to create a digital asset, then its fine.

I suppose there are bag holders who would be perfectly fine with the idea making WDC POS. They might just hold and hold and wait for the next hype to porn their coins off. A coin of no use and death in the long term.

The use of innovative and resilient POW algorithms can re-ignite interest in this coin. Yes, to miners in the first place. Traders follow suit. And then, hopefully, users.

And can you stop using this forum to shill other coins please. I cut the picture out of your quote. Maybe you can do same.

You should not be offended when I  providing examples associated with other coins. You must understand that the majority of investors watching successful projects and tries to adapt popular technologies for their projects. For this you need to explore the market and do not sit on one place and maintain the position of no tolerance to all innovations. As I said, WDC is now under the full control of Chinese speculators. There is no progress in the system of POW. And the market demonstrates this. What do you specifically propose to do in this situation? To sit and wait for the return Berzeck and continue the same dead-end development or wait for the arrival of a new developer, which proyavit willpower and begin to conduct network reform?

I will give you a simple example, note this thread https://bitcointalk.org/index.php?topic=1506325.20

You can see how much the development for a new wallet that is fully compatible with 32 and 64 x platforms?

When I proposed to reform and was willing to sacrifice some money to do this, But here for me began to say that reforms are not needed. Then You said we need a vote Chinese investors but they also silent. In the end, everything remains as it is now.

Now you have to understand the impasse of the situation which is now WDC..

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16 hours ago, cryptojunky said:

I don't believe they can go anywhere, but I may be wrong. 

Yes its a 404 message, they are aware. However today I went on chinese site which is a newer version and used google translate to translate page. Looks like that withdrawal works. If you log in on English site and go to Chinese site you remain logged in. Looks like you can do a withdrawal there too.

Thanks, Cryptojunky! I'd just buy instantly and get Wdc out ASAP of Chinese exchanges. No queueing for me 😀

 

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4 hours ago, Shveicar said:

You should not be offended when I  providing examples associated with other coins. You must understand that the majority of investors watching successful projects and tries to adapt popular technologies for their projects. For this you need to explore the market and do not sit on one place and maintain the position of no tolerance to all innovations. As I said, WDC is now under the full control of Chinese speculators. There is no progress in the system of POW. And the market demonstrates this. What do you specifically propose to do in this situation? To sit and wait for the return Berzeck and continue the same dead-end development or wait for the arrival of a new developer, which proyavit willpower and begin to conduct network reform?

I will give you a simple example, note this thread https://bitcointalk.org/index.php?topic=1506325.20

You can see how much the development for a new wallet that is fully compatible with 32 and 64 x platforms?

When I proposed to reform and was willing to sacrifice some money to do this, But here for me began to say that reforms are not needed. Then You said we need a vote Chinese investors but they also silent. In the end, everything remains as it is now.

Now you have to understand the impasse of the situation which is now WDC..

Have always enjoyed your posts, Shveicar. I agree reforms and looking around are necessary. Hopefully Wdc would be a captain of her own ship one day.

Am hardly the most technical one out there but my thinking is that PoS does incentivize hoarding and limits the circulation of coins. Sure, less electricity is used and coin prices go up for the next few years and those involved profit by staking and staking and staking but in the longer term we end up with a Wdc that is less ubiquitous and held by fewer people. Thus short term benefits come at the expense of growing the network effect ie really growing the pie. 

HOWEVER, if my prediction about exchanges and 'converters' come true, the network effect may not be an issue.

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Diego's prediction of exchanges and 'converters':

I have often wondered how the cryptocurrency scene would be when it becomes mainstream. Website tipping would be much more and worth billions or trillions. I also see many more exchanges sprung up, perhaps 50, 100 or 500 more?  Using WDC as example, we would have more coins parked in these exchanges, resulting in less coins available. And arbitragers in large numbers, seeking to buy WDC from 1 exchange to sell in another. This causes WDC prices to smoothen out across most of the exchanges, stabilising its price.   Now 'converters' in the form of Apps come in, where they exchange your WDC for BTC (or some other coin) at a board rate and for a small fee. Kind of like digital money exchangers who do the work of visiting exchanges for you. In other words, with say 1000 WDC = 1 BTC, WDC would be as good as BTC given the interchangeability. Example, you can pay me 1000 WDC or 1 BTC and I would not care. Thus even though WDC itself might not be actively used in payments, WDC becomes somewhat an extension of BTC. This may solve the "not growing the pie in the long term" issue with PoS. So perhaps PoS now can be good for WDC since we now need her to survive and higher prices + less mining power needed is a big boon? When cryptocurrency goes mainstream WDC can ride on this future interchangeability and tap on the gigantic network effect?

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Looks like jubi.com suspended WDC + bunch of other coins:

On the coin will be suspended again part of the currency trading notice

2017-09-17 Source: Author: Poly currency net

Dear coin user:

     The grid will be suspended at 24:00 on September 17, 2017 WDC, MAX, PLC transactions, please transfer to other platforms or wallet.

Coin net
September 15, 2017

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POS no good delete that advertisement for Diamond shitcoin this in no Diamond shitcoin forum here!!! Diamond is a mega scam the developer showed his face with the Prime Controller Master Node!!! Remember Paycoin what a scam!!!

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Shveicar, I am not offended by you providing your opinion. You come up as a "Country Rep" for WDC here, so you seem to have some authority. You should, however, remove the picture you have bound in in your comment as it clearly advocates another coin. Here is not the place to do that.

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Anybody can fork this coin. Or any coin. The question is whether or not it succeeds. I know its important to talk this, but let's put it aside for a moment and talk about the issue at hand. We have a website here, and a forum attached to it, which appears unmaintained. Is there anybody who had or has direct contact to Berzerk? My understanding is he was the last man standing. Maybe Country Rep Sveicar can provide any inside? In my view, getting the website and its forum under control by dedicated people has priority over any proposed change, fix or whatsoever for now.

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