They called me troll for saying price didn't make sense @ 0.006.
They called me troll for saying that I would buy after it made sense. Right now it's @ 0.0047 and I still think it's high.
Watch out who you listen to in these boards guys.
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MON is on Poloniex.com already That's awesome
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So is CPU only? no Gpu ecc?
CPU and GPU. than ks Some ASICs claim they will be able to do Scrypt-N for at least a few values of N. Those that claim this aren't due to ship till later this summer or fall, so no verification of this claim is possible at this time. That's pretty irrelevant, Devs have said over and over that they will hardfork the coin to whatever is necessary if an ASIC comes for the ride.
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Well then it was my bad, but why was the original plan to dump the coins?
We didn't have a working multi-sig wallet for Vertcoin, and I'm not going to risk one person (including myself) having access to all the coins. Multi-sig (3 of 5 in this case) means that three out of five of us designated have to sign each transaction with our private keys. So to steal money from the company we'd need to collude with 2 other people. I don't underestimate the honesty of the people involved, but it's a protection mechanism so there's no temptation. Well that clears things up for me.
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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.
Hi Ymer. Is really that the case? I've been reading and didn't read about the dumping for BTC. Could you share that info? Thanks, mega fluffypony said that in his IPO thead in the marketplace forum, he then later edited the OP to change that. here's the original quote: https://bitcointalk.org/index.php?topic=595754.msg6548987#msg6548987The IPO is going to raise a total of 200 000 VTC. To do this, VertPay will authorise 1 million shares (1 000 000), and issue a block of 200 000 of them at a nominal value of 1 VTC each. On Monday, May 12th, 2014, a Vertcoin deposit address will be made available on the VertPay.com website, and investors will be able to send a round number of Vertcoin to that address. Vertcoin received will immediately be converted to Bitcoin in order to be stored in a multi-signature wallet in order to prevent the misuse of invested funds by any person within the company. In the event of an oversubscription of issued shares, VertPay's management team will decide whether to issue new shares to meet the oversubscription, or whether to refund those that have invested too late. And in some point he backpedalled and edited it to this after the backslash and being called a scam: The IPO is going to raise a total of 200 000 VTC. To do this, VertPay will authorise 1 million shares (1 000 000), and issue a block of 200 000 shares at a nominal value of 1 VTC per share. On Monday, May 12th, 2014, a Vertcoin deposit address will be made available on the VertPay.com website, and investors will be able to send a round number of Vertcoin to that address. A portion of the Vertcoin received will be converted to Bitcoin in order to be stored in a multi-signature wallet and thus prevent the misuse of invested funds by any person within the company. In the event of an oversubscription of issued shares, VertPay's management team will decide whether to issue new shares to meet the oversubscription, or whether to refund those that have invested too late. You're mistaken. We changed it quite soon after the announcement and long before there was backlash (not backslash) or any accusations were thrown around. See https://bitcointalk.org/index.php?topic=595754.msg6561541#msg6561541 for instance. Well then it was my bad, but why was the original plan to dump the coins?
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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.
Hi Ymer. Is really that the case? I've been reading and didn't read about the dumping for BTC. Could you share that info? Thanks, mega fluffypony said that in his IPO thead in the marketplace forum, he then later edited the OP to change that. here's the original quote: https://bitcointalk.org/index.php?topic=595754.msg6548987#msg6548987The IPO is going to raise a total of 200 000 VTC. To do this, VertPay will authorise 1 million shares (1 000 000), and issue a block of 200 000 of them at a nominal value of 1 VTC each. On Monday, May 12th, 2014, a Vertcoin deposit address will be made available on the VertPay.com website, and investors will be able to send a round number of Vertcoin to that address. Vertcoin received will immediately be converted to Bitcoin in order to be stored in a multi-signature wallet in order to prevent the misuse of invested funds by any person within the company. In the event of an oversubscription of issued shares, VertPay's management team will decide whether to issue new shares to meet the oversubscription, or whether to refund those that have invested too late. And in some point he backpedalled and edited it to this after the backslash and being called a scam: The IPO is going to raise a total of 200 000 VTC. To do this, VertPay will authorise 1 million shares (1 000 000), and issue a block of 200 000 shares at a nominal value of 1 VTC per share. On Monday, May 12th, 2014, a Vertcoin deposit address will be made available on the VertPay.com website, and investors will be able to send a round number of Vertcoin to that address. A portion of the Vertcoin received will be converted to Bitcoin in order to be stored in a multi-signature wallet and thus prevent the misuse of invested funds by any person within the company. In the event of an oversubscription of issued shares, VertPay's management team will decide whether to issue new shares to meet the oversubscription, or whether to refund those that have invested too late.
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mon need a exchanger or it will die!!! Nonsense. MON is only just over a week old! And I think MON in a strong hands, it's almost impossible to buy it cheaper than 0.45 VTC. Who in their right minds would sell for less than 1 VTC...
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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.
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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.
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I think we all can agree that VertPay IPO is a scam.
Vertcoin on the other hand is legit and full of potential.
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Dem bagholders are very aggressive.
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Has anyone else had issues with monocled crashing randomly on their server?
Nope, been running my P2Pool node with monocled, vertcoind and parallaxcoind for 72hrs with no crashes.
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LOL, seems like the "investors" are very sensitive to any post that isn't DRK to the moon.
Keep enjoying your circlejerk guys, I'll buy DRK after the whales dump.
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I am buying DRK , mining is not profitable anymore.
Dumped all my DRK, mining is not profitable and the current prices makes no sense. You will regret this in a few months. Never dump DRK, you could have just stopped mining. I might buy back when the price makes sense, right now its incredibly overvalued. Ymer is a Vertcoin supporter, and I doubt he really had any drk. Seems like trolling to me. You are the third person in a row 5 minutes after my post that attacked me after posting that. How many sock puppet does the DRK pumping whale has?
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I am buying DRK , mining is not profitable anymore.
Dumped all my DRK, mining is not profitable and the current prices makes no sense. You will regret this in a few months. Never dump DRK, you could have just stopped mining. I might buy back when the price makes sense, right now its incredibly overvalued.
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I am buying DRK , mining is not profitable anymore.
Dumped all my DRK, mining is not profitable and the current prices makes no sense.
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No interest in dumping either the premine (which is barely anything compared to the rest I have) nor dumping my selfmined coins.
What did you just say?
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If you were trying to supposedly "help" people, all of you scam artists posting shit over and over in this thread would only post once then leave.
Instead you come back posting over and over again 50 times in a row. That tells everyone exactly what you're up to.
Have fun wasting DAYS of your time posting the same shit over and over as I just refute it by posting mine over yours.
It's hilarious how hdclover and roach keep posting in huge letters to deceive greedy morons. Good job, you already conned at least 30BTC, your techniques seem to work
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It's hilarious how hdclover and roach keep posting in huge letters to deceive greedy morons. Good job, you already conned at least 30BTC, your techniques seem to work
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BTER says the dev of Shibe is probably the same one of AC, is that true?
besides, I am wondering if the Doge community really likes a copycat.
I am paying 1 BTC from my own pocket if you can show proof that BTER really said that !it is posted on bter.com/article/653, but it's just a warning. The source of Bter actually from comments in this threads. Asiacoin's dev was very inactive, he barely talk while loq seems to be very active and online frequently. Definitely not him. You just earned yourself 1 BTC. Congrats
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