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181  Economy / Economics / Re: Buying a house with bitcoin on: May 31, 2014, 05:17:33 PM
I have got a luxury seafront flat for sale in Cyprus and 1 in Montenegro in Btc if you are interested
182  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: May 29, 2014, 07:10:36 PM
I don't think it's possible to fully understand the spin-off mechanism while thinking in terms of "coins."

The story is simpler: the world needed a global ledger. One global ledger. Now we have one, but it isn't Bitcoin. Bitcoin is just the (somewhat oddly named) protocol for maintaining that ledger. The very fact that spin-offs are possible (almost*) completely dissolves the idea of "coins" or "Bitcoin vs. altcoins." Bitcoin holders never need to worry about having their wealth disappear, because they aren't really Bitcoin holders; they are people who have a claim to a certain portion of the global ledger - THE global ledger of civilization.

I'll leave aside the arguments on why the ledger currently known as the Bitcoin Blockchain Ledger is the one that is far and away most likely to last and become the world's ledger, as I regard that to be more or less obvious - some common objections notwithstanding - to anyone who understands economics and network effects.

However, in light of the points above, that doesn't mean Bitcoin will be the global ledger. That's just the point: it's not about coins, it's about the ledger. If an unquestionably better system for updating/maintaining that ledger, which would be known in present-day terms as a vastly superior "spin-off altcoin," were to come onto the scene, "Bitcoin" would fall away but the ledger, yes with the legacy of Bitcoin's historical distribution, would not. All "Bitcoin holders" would maintain their wealth by default, automatically. If you "have 2100 Bitcoins," you are not a Bitcoin holder, you are a 0.1% stakeholder in the ledger that is by far the most likely to become the global ledger of planet Earth. Whether that ledger is maintained by the Bitcoin protocol or another protocol makes no difference to your stake and your wealth.*

If we learn to think and speak in this way, the situation becomes much clearer.

Up to now, altcoins have been done the wrong way: as alt-ledgers rather than as competing systems for maintaining THE ledger. Seeking early-adopter wealth, founders have deliberately hobbled themselves by not taking advantage of the network effects of the Main Ledger. Eventually this get-rich-quick, pump-and-dump mentality grew into the fairy tale that "we need the new ledger (maybe even with premine) for funding the devs, because of satoshi's coins, or because Bitcoin is unfair." All these notions stem from economic ignorance, and since economic ignorance is widespread and persistent, these notions will persist until the market makes believing them too painful for most people, at which point the old way of launching alts (alternative ledger maintenance protocols) will be forgotten.


*Technically a spin-off could change the "coin issuance" (i.e., stake dilution) schedule from that block forward, but I doubt it would succeed in the market, unless perhaps if the total end-stake was the same as Bitcoin's. I think the stake dilution schedule of a ledger will come to be thought of as essentially intrinsic to that ledger, part and parcel with it, so the term "ledger" will simply be understood to include the schedule of stake dilution in its meaning. The same applies for things like automatic stake dilution through demurrage. These can most usefully be thought of a characteristics of the ledger itself.

Is this argument all about preserving the status quo?

Did you even read what Zangelbert Bingledack wrote?  His first paragraph that I bolded is excellent (his entire post is excellent too).  Let this sink in: the world needed a global ledger.  So no, this is not about preserving the status quo.  The blockchain ledger is a needed change to the status quo.  


Quote
So why even use bitcoin after all if we can take advantage of and improve upon the existing extensive net work and infrastructure of Visa and MasterCard ?

Visa and MasterCard are payment processors with built-in escrow services.  They have nothing to do with a global ledger.  

And, yes, we *should* leverage the traditional payment networks if doing so is efficient.  For example, why not upgrade the software/firmware in traditional point-of-sales (PoS) equipment to accept bitcoin transactions?  The sigsafe is an example of a "tap-and-pay" key tag (under development) that is compatible with the ISO 14443-4 near-field communication protocol used by PoS terminal that support MasterCard® PayPass™ and Visa payWave®  


"The world needs only one global ledger" is very dubious position from multiple perspectives. First of all, think about a mainstream user perspective, does the world need a global ledger at all ? I can agree that Internet is a global phenomenon but global phenomenon is an EXCEPTION not the rule. People talk multiple languages (no global phenomenon regarding to languages); People eat a variety of foods (no global regarding to eating habit); People play different kind of sports (no dominant form of sport at all); People have different religions, laws, currencies etc. Fragmentation and Diversity is the rule not Uniformity.

Let's me repeat it again to you "global phenomenon is an extremely rare EXCEPTION not the rule"; Only some Bitcoin fanatics can  be sure 100% that a ledger will become a global phenomenon (and that is Bitcoin) that can reach anything to the proximity of Internet. It is more likely that humanity would have multiple forms of different ledgers resembling to multiple gaming franchises. That would be similar to sports or fiat currency or language fragmentation.  

Now let's assume in the (unlikely) hypothetical position that there will be only ONE global ledger that is as ubiquitous as Internet today. Imagine what kind of scale that global ledger would be ? 1-2 billion users ?, ton ton and ton of trillion peta bytes of data in ONE ledger ? Does that sound like decentralization to you ? Decentralization has to be diversity, resiliency and redundancy and I guess people will migrate from THE global ledger in mass before it reaches anything close to the described scale,

Now let's assume it is just too convenient for people to not accept that extreme form of centralization and stay with the ONE global ledger in the future. We can compare Bitcoin scale today with the hypothetical global ledger of the future described above and we could safely conclude that Bitcoin is about less than 0.1 percent on the way. So isn't it way to early to pick the winner when the race is less than 0.1 percent finished ? The reality is that Bitcoin has very litter mainstream market presence so far and open itself easily to a worthy challenge. I shouldn't speculate on this scenario anyway because I firmly believe in true decentralization and diversity to waste time on the prospect of "one ledger rules all" type of situation.

In summary, spin-off blockchain is a fun idea to experiment so I totally support that but no chance a Doge spin-off is going to kill of Doge blockchain (which of course could die for a different reason)          



I only want to address the inconsistency in bold;

English has evolved as the de facto global language.

Although the foods individuals eat is indeed dependent on local agriculture in the developing world, the trend indicates that as remote areas become absorbed into the global trade network, the more the uniformity of diet occurs with others in distant places.

The dominant (popular) sports in the world all follow the same basic underlying structure. Also Football  (Soccer) can be easily claimed as a global sport.

90% of the followers of a religion follow one derived from their Abrahamic beginnings. The differences in those are minute.

British common law has evolved into the gold standard of jurisprudence world wide.

The usd has been "the" global currency since the Marshall Plan.

In general, the world has been gradually moving towards a common set of standards, and the trend is unlikely to change barring a major catastrophe.
183  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: May 27, 2014, 04:29:57 PM
Oh lawd you are so naive, every crypto is a pump and dump...
So, I've written your name down. What are you going to say...when Darkcoin reaches $40 and above?

I just wanna know future reactions from trolls like you.

ymer makes a valid point. An overwhelming majority of crypto traders have no idea the merits of the coin they're buying or selling. It's all just chart trends to them. Everything gets pumped and dumped. It's not the coin, it's the people...

Many people are in this to make money.  That's bottom line.

None of these coins will ever have wide adoption where you can use to buy things.  People that think DarkCoin is going to ever be widely adopted are wrong.  Bitcoin is the coin that can already be used for significant purchasing.  I just bought laptop and knitting yarn for wife on Overstock.com.  In the end bitcoin will be the coin that is widely adopted.  All the rest are just speculative investment vehicles.

Bitcoin was pumped up by a fake money laundering bot called Willy..If that never happened, the value of a Bitcoin might be 5 dollars right now for all we know..Bitcoin will not be the #1 crypto in 2 years, mark my words.

That was proven non consequantial shortly after the "willy report" came out. Btc run up was legite both in April and Nov 2013
184  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 27, 2014, 04:03:59 PM
Not really vert related but I finished reading up on the DRK thread.

One thing that really rings alarm bells to me is the level of blind faith and expectation they have on their developer. Its scary. They seem to be idolizing him like a prophet that has arisen to show them all towards the  light. Having such a high profile single point of failure is a strong warning sign. Im not knocking him or his coin he has brought it a long way, but some of the members over there seem to be overcome with irrational exuberance. when they start posting his time zone, suggesting he gives his telephone number out to certain members on the thread so they can check up on him, speculating if he is asleep or not, talking about his social life and schedule...its just...wrong on many levels. It cant end well.



 



Pretty much every coin relies on their developers, no? The difference is that most coins are open source, so the community can pick it up and run with it if the developer turns out to be a scumbag. Just for speculation, what kind of stuff could be hiding in the closed source part of DRK? I really don't have enough knowledge on the back end to speculate - surely some of you do?

Considering it's an anonymous coin, with a single dev (single point of failure) I'd imagine law enforcement would have an easy time bending him to their will if they so desired: http://xkcd.com/538/

Yes, completely. My point was simply that they are taking it to a whole new level over there. I have seen it before and it ended up in a mess.
185  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 27, 2014, 02:29:46 PM
Not really vert related but I finished reading up on the DRK thread.

One thing that really rings alarm bells to me is the level of blind faith and expectation they have on their developer. Its scary. They seem to be idolizing him like a prophet that has arisen to show them all towards the  light. Having such a high profile single point of failure is a strong warning sign. Im not knocking him or his coin he has brought it a long way, but some of the members over there seem to be overcome with irrational exuberance. when they start posting his time zone, suggesting he gives his telephone number out to certain members on the thread so they can check up on him, speculating if he is asleep or not, talking about his social life and schedule...its just...wrong on many levels. It cant end well.



 

186  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: May 27, 2014, 01:15:32 AM
The most disappointing thing is that it was an attack, not just a hard fork problems because of the versions not up to date.


I actually find that the most promising thing. If a group of people put so much effort and finance into (delaying) darkcoins rise it must be because they're genuinly scared of drk taking away marketcap from their coins which in the end means Evan is on the right track. "First they ignore you, then they laugh at you, then they fight you, then you win".
(Mahatma Gandhi)

why is everyone on a Gandhi circle jerk?

The following excerpts from articles in The Wall Street Journal and The Independent, published in 2011 and 2010 respectively, detail Gandhi’s bizarre experiments with sex. The key point they contain is, for years, Gandhi sexually abused his 17-year-old grandniece Abha and his 18-year-old grandniece Manu. He forced them to sleep with him — simultaneously and naked — nightly. The story is a tragic one of psychological and physical molestation perpetrated against vulnerable young girls with not option for escape.
Additionally, for years prior while living in an ashram, he forbade his followers to sleep with their wives but required the wives to sleep with him — again, naked.

Roberts, Andrew. “Book Review: Great Soul.” The Wall Street Journal, March 26, 2011.
187  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: May 26, 2014, 11:29:52 PM
Something good is always attacked in this bad world. Like Mandela, Gandhi.

gandhi was a rascist pedophile and mandela was a terrorist
see what I mean?

Both those are facts tho
188  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant on: May 26, 2014, 11:21:22 PM
Something good is always attacked in this bad world. Like Mandela, Gandhi.

gandhi was a rascist pedophile and mandela was a terrorist
189  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 26, 2014, 11:23:53 AM
No the best investment right now is setting up a Masternode:

https://bitcointalk.org/index.php?topic=421615.msg6943961#msg6943961

Yes... spend 10,000 USD so you can generate an extra 10% mining profit. Then Watch your 10,000 go below 5,000. Great advice lolz

Dumped all my Vtc early in the year and swapped to Drk. No regrets.  Grin

Ozzie, i know you are a big DRK supporter as i am too, but consider to not have all eggs into one basket only. VTC is still a very nice place to
put the eggs into, spezially on this price.

Ofen heard into DRK threath - You don´t buy the coin, you buy the devs - and on VTC Devs are also working on their coin.
Sorry mate. Did an in depth analysis.  Vtc's stealth address offers no advantages over bitcoin.  Also, it's not good privacy.  Say you had 10 random addresses with 1 Btc in them.  You spend 10 Btc to buy a bike.  Well, cover blown.  Even if I thought stealth addresses were good, I would buy Btc.

Thats not even the point of stealthaddresses and your "in depth" analysis is a joke.

Go read back what stealthaddresses do and who will benefit from it, then feel free to discuss it again.


I am sure VTC will have it´s time also, be patient and buy on these levels

othe is on developer team
190  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 23, 2014, 11:35:33 PM
I might have missed it somewhere in the 499 pages lol, but for real if i did someone point me to the right page or just tell me what happened to vertpay is it still on or is it dead or stalled?

Vertpay is dead/stalled(?). Long story short is that there was some controversy regarding the ipo structure and other things and it was decided to leave the project for the time being. In a post=gox world, crowdfunding projects seem to be more controversial than they were late last year. Vertpay was a good idea, we will see what happens with it some time in the near future.
191  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 23, 2014, 06:25:33 PM

@usao

you said so yourself
Ive bought other coins
VTC is the future

@dotnetmin

will talk again after some time  Wink
My advice is to sell DRK at high price and buy VTC at low price
maybe you catch and the next train with the jackpot  Smiley


I should have been clearer. The other coins I bought were part of the exchange process to get my mined coins into USD.
At current, I have not invested any cash into any coin, except twice. Once to buy BTC, which I sold back a few days later at a loss. The second was to buy mining HW using LTC. Both those were back in 2013 when I got started in mining.
That said, im currently holding on to my AC and my VTC because of the price depression, hoping to see better prices shortly, but not sure it was a good idea or not. Basically playing Roulette with the coins, not knowing if they will go up or down.

Best to wait. We are moving closer towards the asic situation and also there is dev stuff in the background. Apparently there is a tentative date for stealth address implementation -End of June (http://www.reddit.com/r/vertcoin/comments/26alpo/does_anybody_know_when_stealth_addresses_are/ ).

But also lets not lose sight of the fact that we still have to work towards merchant adoption, this is a payment system after all, not just an investment opportunity. I think we should be patient for a few more weeks then unleash a blitz of marketing and pr to coincide with the end of June.

Edit: The guy above is fast

192  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 23, 2014, 01:02:33 PM
Vert price is not going down ... its stable ....

but its the BTC that is going up ....

look at vert market cap ... pretty solid  4.12M 4.01M 3.99M

i told everyone through my twitter and at chat in poloniex to sell all VTC a week ago since that BTC uptrend started .... u will buy Way more VTC as long as BTC rising

if you believe in this .... then you are blind with believes Sad
No offense but ... honestly ... not even close to truth Sad

As miner ... old miner... If this will hang for a while this way still... well... I am heree not to lose money Sad I am sure NO ONE is ... so .... simply.... all have its limits!

I understand your frustration, but I dont see why you keep posting those frustrations on every forum the last few days. Its getting tedious and its not accomplishing you anything.

And if you are going to panic every price movement you will have a heart attack by the end of the year. If you hit your limit then pack it in but please stop posting about it every 2 hours.

You should know by now what is being developed for Vertcoin in the near term, and the potential benefits that might arise when asics fully roll out. If you cant be patient then just move on, there is nothing else to say mate.

Edit: A key thing to remember is not the price today but the potential price in the future. Even if you are mining at a loss right now you are still getting "stocks" in a "company" that might rise in the near term.
193  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 19, 2014, 10:58:00 PM
Sorry if I came harsh but answers like "Go read the past 400 pages" just won't cut it, and makes me tilt to no end. I have been lurking on and off the vertcoin forums for quite some time and just don't see much going on in term of worthwhile innovation. I get it now, this coin is focusing on miners instead trying to be user friendly and most of the replies just proves it. I have been a miner for long time and like to see innovation. I had only had 2 coins for the past 3 months, VTC and DRK.

When I look at it from a user perspective, VTC doesn't offer much really. And when you say, it's the merchant that matters, in reality, if all merchant accepted VTC, you price would be 10x lower. I have been mining VTC in the off chance it picks up, but as it is I don't see it. If I just want to mine for some POS innovations ( read here Piece of S***) I'm just going to go ahead and fold proteins.

I got my answer thanks.

This is not a quick pump and dump, this is a long term value investment into the future.

Are you suggesting an alternative method of payment should not focus on merchant acceptance? Wow. You are in the wrong place.
194  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 19, 2014, 06:22:30 PM
Are you guys kidding? We just released Monocle...

If you want us to work fulltime, you can donate to the development fund Wink

I am not going to address the other stuff here now, as its a sunny day, we work for free and we are on IRC more then often enough.

If you checked twitter, you know some features that get added Wink

Say what?
Ok ... MON ... well ... PLX was as well... Ok nice -new coins developed that can be mined with loads of other coins that are just n-scrypt based - Sorry but this wont attract investors - miners should ... investors well not really... But I wont be even going deep into this subject - for this are separate threads for MON etc...

You working for free... understood... I understand then we can not expect anything until we gather together and pay ...Ok... then will ask FOR WHAT?
Simply - write WHAT will be done IF we donate for this reason?
GIVE the plan... give the ideas that will be worked and when... time frames... details... then if this will have sense lets make this gathering for sake of coin... But IF you claiming we wont work until someone will pay... then ... shit .... I just felt even worse considering what can happen with coin ....

Dammit this ....this is not the proper answer!

P.S.
JUST being asic resitant ..... wont safe us Sad

What's the plus value of Monocle. Am I the only one who doesn't get it ?

Why should vertcoin only be ASIC resistant and nothing else ? Just like LiteCoin, they don't do nothing and expect people to blindly jump on board. They don't have the "network effect" of a coin like bitcoin and they don't do much for their own coin in terms of innovation either.

Vertcoin right now looks like a pale copy of litecoin. A copy of a copy of a copy really washed up. Think I'm going to drop this bag to someone else and jump into the nxt band wagon. I'd rather have a coin premined at 90% with a lot of innovation than one 0% premined with 0 innovation.

Cool story bro, now GTFO Smiley

*You should be less of a princess and go read up on things that are going to come out, instead of asking people to hand feed you the information.

just no words....

as Verter... sometimes feel ashamed when being in same community with someone ....

no more words from me... I said enough...
I will just conduct my decisions without asking anything more as I see nothing then bad attitude see here :/
Now I can see who has what position pffff

Why would anybody help you if you cant help yourself. Every single question you asked has already been answered. Calling yourself a "verter" goes more then just holding coins. You have to know what you got yourself into. If you ask a legitimate question that furthers the discussion it will be addressed. Nobody is going to hold your hand. If every new person came and asked the same questions everyday nothing would get done. All the time would be spent repeating the same thing ad nauseam.
195  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 19, 2014, 05:40:08 PM
Are you guys kidding? We just released Monocle...

If you want us to work fulltime, you can donate to the development fund Wink

I am not going to address the other stuff here now, as its a sunny day, we work for free and we are on IRC more then often enough.

If you checked twitter, you know some features that get added Wink

Say what?
Ok ... MON ... well ... PLX was as well... Ok nice -new coins developed that can be mined with loads of other coins that are just n-scrypt based - Sorry but this wont attract investors - miners should ... investors well not really... But I wont be even going deep into this subject - for this are separate threads for MON etc...

You working for free... understood... I understand then we can not expect anything until we gather together and pay ...Ok... then will ask FOR WHAT?
Simply - write WHAT will be done IF we donate for this reason?
GIVE the plan... give the ideas that will be worked and when... time frames... details... then if this will have sense lets make this gathering for sake of coin... But IF you claiming we wont work until someone will pay... then ... shit .... I just felt even worse considering what can happen with coin ....

Dammit this ....this is not the proper answer!

P.S.
JUST being asic resitant ..... wont safe us Sad

I have to step in here.

You are positioning yourself as an "investor" looking for more info. Fine. Good.

As an investor you need to do some diligence right? right.

Im sorry, but if every new person got spoonfed info everytime they post in this thread and other sources it would become an endless repetition of nonsense.

So do your own diligence. It requires work and nobody will do that for you. Read the entire 485 page thread. Read the reddit (ugh). Read the official pages. Hang around the IRC. Focus on the posts by boris, othe, Bengte, and the other devs. They have been extremely open, vocal, and professional in updating the community.

Let the devs do their work, and you do your own. Nobody will protect your "investment" except yourself. If you are looking for others to give you answers on what is already in the public domain then it wont happen. Stop being lazy. And if your not willing to read the entire thread to familiarize yourself with the coins past and its future plans, then I advise you not to invest any money into anything. Ever.
196  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASIC on: May 12, 2014, 03:30:46 PM
what a shame
197  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASICs on: May 11, 2014, 06:05:33 PM
I think we all can agree that VertPay IPO is a scam.

Vertcoin on the other hand is legit and full of potential.

That's really not the consensus at all. You sound like the guys that said Moolah was a scam...and yet here we are with Moolah being held up as an example of legitimacy against VertPay. Everyone needs to make their own mind up.

Ok.

I fully agree with Kalizar and all the other people calling VertPay IPO a SCAM.

My problem is with posts like this. You've been around for some time I think Ymer, so that post is disappointing.

How anybody can make up their minds so concretely without any info to back it up is beyond me. Especially on something that could be a great boost for the community. Its like a bunch of spoiled brats crying.

Im not endorsing it in anyway without more info, but what I will do is hold off all judgment and not drive away potential businesses adopting Vert as a platform.

Same bullshit happened with ethereum and its ridiculous. Trust but verify, not smear.


I just can't see how asking 200,000 VTC ($200k USD) for 20% of the company and then dumping those 200k coins for BTC would be benefical for Vertcoin.

And this is an example of a perfect question that we need a response on (although its been answered in a different thread already). So Lets give those guys a chance to clarify this and other things. They have worked their asses of on the other forums replying to everything, they need to do a single, proper q/a so all the responses are in a single thread for everyone from the different forums to read.
198  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASICs on: May 11, 2014, 05:50:40 PM
I think we all can agree that VertPay IPO is a scam.

Vertcoin on the other hand is legit and full of potential.

That's really not the consensus at all. You sound like the guys that said Moolah was a scam...and yet here we are with Moolah being held up as an example of legitimacy against VertPay. Everyone needs to make their own mind up.

Ok.

I fully agree with Kalizar and all the other people calling VertPay IPO a SCAM.

My problem is with posts like this. You've been around for some time I think Ymer, so that post is disappointing.

How anybody can make up their minds so concretely without any info to back it up is beyond me. Especially on something that could be a great boost for the community. Its like a bunch of spoiled brats crying.

Im not endorsing it in anyway without more info, but what I will do is hold off all judgment and not drive away potential businesses adopting Vert as a platform.

Same bullshit happened with ethereum and its ridiculous. Trust but verify, not smear.
199  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASICs on: May 11, 2014, 05:23:54 PM
Vertcoin is not even 6 months old and has Coinpayments and Moolah. That is pretty damn good compared to most coins. To go around and offer the same service for 200,000 USD (1/10th - 1/15th of total coins)is foolish. To follow up, saying you will sell all proceeds for BTC is absurd!

There are so many advancements made from the community, down to the developers. There are so many different aspects, just rapidly growing. We are currently number #5 on CoinGecko http://www.coingecko.com/. Merged mining will pretty much claim VTC's spot on top for GPU mining in Q3/Q4. Another entity will approach us with something more logical, transparent, and promising.

The community doesn't need a 3rd overpriced payment processor. Especially one that wont dump about 7% of all VTC, in circulation, into BTC. Thus, scaring all investors and giving too much play in the market. Especially for a scammer!


Quote
Holy shit. Its people like you who are holding everyone back. Im not interested in replying to you anymore.

Giving me credit for "holding everyone back" is quite flattering.

You all have done nothing but troll this thread and Reddit since announcement, trying to boast your scam. Stop it!

Your scam has been discovered, notified, and stickied to the VTC subreddit! http://redd.it/2590id



You are the only scam here, people like you are cancer to Vertcoin.

Why? Because you can't scam us, we infected with cancer?

Or you are just mad that you can't pull off this scam?
-Yeah, probably that.


Vertcoin is not even 6 months old and has Coinpayments and Moolah. That is pretty damn good compared to most coins. To go around and offer the same service for 200,000 USD (1/10th - 1/15th of total coins)is foolish. To follow up, saying you will sell all proceeds for BTC is absurd!

There are so many advancements made from the community, down to the developers. There are so many different aspects, just rapidly growing. We are currently number #5 on CoinGecko http://www.coingecko.com/. Merged mining will pretty much claim VTC's spot on top for GPU mining in Q3/Q4. Another entity will approach us with something more logical, transparent, and promising.

The community doesn't need a 3rd overpriced payment processor. Especially one that wont dump about 7% of all VTC, in circulation, into BTC. Thus, scaring all investors and giving too much play in the market. Especially for a scammer!


Quote
Holy shit. Its people like you who are holding everyone back. Im not interested in replying to you anymore.

Giving me credit for "holding everyone back" is quite flattering.

You all have done nothing but troll this thread and Reddit since announcement, trying to boast your scam. Stop it!

Your scam has been discovered, notified, and stickied to the VTC subreddit! http://redd.it/2590id



Somebody needs to step in and do something about this guy. Im done with it. Organized fud.

http://www.cryptocoinsnews.com/news/moolah-feels-the-heat-of-the-spotlight/2014/05/01

And here is a response from one of the devs:

http://www.reddit.com/r/vertcoin/comments/25a30l/hey_anoninvestigator_and_vertpay/chf7b5z?context=3





I don't need to be anonymous when calling out a scam. I did it immediately when you announced VertPay. I was not going to waste my time on investigating. If people fall for it, that is on them. Someone was nice enough to do a full breakdown and analysis of your scam, and post the results.

Don't compare your "VertScam" -err- "VertPay" project to Moolah. The difference is it exists, and is not a scam. If you read further, it was the owner and operator getting frustrated with the DOGE community. Nonetheless, VTC is not affected. I could care less what happens to DOGE.


Haha. claims to be working for the best intentions of a coin and yet doesnt recognize that a Developer of the coin just called him out for being an idiot. Typical bullshit
200  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin | Scrypt N | Beat ASICs on: May 11, 2014, 05:10:17 PM
Vertcoin is not even 6 months old and has Coinpayments and Moolah. That is pretty damn good compared to most coins. To go around and offer the same service for 200,000 USD (1/10th - 1/15th of total coins)is foolish. To follow up, saying you will sell all proceeds for BTC is absurd!

There are so many advancements made from the community, down to the developers. There are so many different aspects, just rapidly growing. We are currently number #5 on CoinGecko http://www.coingecko.com/. Merged mining will pretty much claim VTC's spot on top for GPU mining in Q3/Q4. Another entity will approach us with something more logical, transparent, and promising.

The community doesn't need a 3rd overpriced payment processor. Especially one that wont dump about 7% of all VTC, in circulation, into BTC. Thus, scaring all investors and giving too much play in the market. Especially for a scammer!


Quote
Holy shit. Its people like you who are holding everyone back. Im not interested in replying to you anymore.

Giving me credit for "holding everyone back" is quite flattering.

You all have done nothing but troll this thread and Reddit since announcement, trying to boast your scam. Stop it!

Your scam has been discovered, notified, and stickied to the VTC subreddit! http://redd.it/2590id



Somebody needs to step in and do something about this guy. Im done with it. Organized fud.

http://www.cryptocoinsnews.com/news/moolah-feels-the-heat-of-the-spotlight/2014/05/01

And here is a response from one of the devs:

http://www.reddit.com/r/vertcoin/comments/25a30l/hey_anoninvestigator_and_vertpay/chf7b5z?context=3



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