This is where I normally "lose it". Indicator of what, how much your staking coins are producing? It cannot be more than 2.5% TOTAL, IN A YEAR so who the hell cares even remotely about that?? Come on... I understand it will be an indicator of some loose value for the devs to know the strength, so to speak, of the network, but they will have a very close idea of it by looking at the REAL numbers, just the same.

So, I will repeat: Meaningless.

Thank you for the additional info. Still, it remains worthless as an indicator of strength in the community holding coins.

Uh, no, those are not real coins? The previous several pages deal with that subject in some detail...

I am not particularly interested in "learning" about an statistic that lacks meaning completely and can can jump up and down to the tune of 25-30% in a matter of minutes. It serves no purpose from the investing standpoint, and very limited from the network strength one. I consider in unnecessary and meaningless, basically, when it is perfectly possible to know how many REAL coins are staking every single moment, which is the statistic that matters.

Sue me for assuming that a jump (down) of 20%, equaling 6 million "coins" is "worrysome". I would remind you that, according to one of our devs, "it can be too much higher (than the real number)".

Nevertheless, it is reassuring that people like you so nicely and promptly can eliminate the "worry" part in worrysome. Thank you.

Apparently it could mean a lot of things from the weather forecast in China to the price of lettuce in Andorra... what it doesn't mean is anything remotely connected to the REAL number of coins staking, which is the only showing of community ownership's strength, and therefore the only statistic that really matters.

I believe we will not go below the recent minimum of yesterday and that this is a nice trading opportunity. I already traded a few yesterday and bought more at significantly lower price a few minutes ago. I have also freed some BTC selling NAUT to keep the powder dry and buy more in the low 8s.

It will probably remain in a narrower and narrower trading channel until the "secret weapons" are announced over the weekend, no reason not to book a few small gains, something so exceptional at this point...

For those of us hurting while holding bags, the devs are also hurting significantly. Their stakes were worth as much as $80,000, each, at one time while now they will be worth much less than $15,000 each if they were to cash out.

Not that any of them need the VRC money, mind you. This is just a hobby for the three of them, nothing more.

This is a very worysome statistic, considering only 40 hours ago we were above 28 million. And it can only mean that millions of coins have been moved to the exchanges and dumped, hence the trajectory in the price.

Of course these numbers, both, are not very meaningful for we don't really know, from them, ANYTHING at all. When/if the REAL number of coins staking are included in the upcoming wallent, THEN AND ONLY THEN we will have a REAL statistic, instead of a bull... inexact one.

42+% rebound from the earlier lows. Nice tweet!

I hope you did NOT sell those 300k UK...

BlkHandAshDrake is an idiotic goon, not a member of The Black Hand at all, just an idiotic groupie.

No way Hose, sorry. They got as caught as the thief. Although they probably have dumped some from 56 to 42, but not much.

Let me get this straight: In your opinion, during the last 2 couple of weeks there has been a lot of "accumulation", "massive", in fact, by your expression... well, how massive has it been, since you appear to have done the deed (of tracking it)?

Because I believe you are probably mistaking the affluence of coins to the trading exchanges for "massive accumulation", which, as you very well know, produces the opposite effect... or, more precisely, what has been in fact happening in the markets in the last couple of weeks.

See? I haven't been tracking the top 100 wallets, but I got from Patrick -we all did- just yesterday, that we have around 20-22 million REAL coins staking and something like 5.5 million coins -or thereabouts- on the exchanges. And you DO know that the total coins in existence is 26.8 million.... I am not a very gifted mathematician, admittedly, but I use the fingers quite well to add and susbtract and much turns I give to it, In continue coming out with ... the opposite to accumulation.

Perhaps you should track less wallets and maybe identify the exchanges wallets instead, the main one is actually quite easy to see, and that would give you a very good guide as to how much accumulation, massive or otherwise, is actually taking place... and when the opposite to that is happening, which is, indeed, what we have been suffering here during those weeks you just mentioned.

With the tweet by the devs, we seem to have put a halt to the selling for now and currently stand at almost 40% above the early low. Not a bad trade if you ask me. And not a bad move, as I have been suggesting of late. Perhaps there's gas for a bit more, but don't expect those who bought under 9, like me, to be idle and not book some gains here for the first time in weeks, so any further rebound could be somewhat tepid... at least until the "secret weapon" is unveiled over the weekend. Interesting trading days ahead, in my view, and a very nice and welcome increase in volume and exposure. All positive regardless of the size of the rebound.

But no accumulation of any kind, except in the trading wallets at MP and Bittrex mostly.

OK, I'll put on my tin foil hat, ok? When a big wall appears, more often than not is formed by various sellers that happen to set their sell orders at that particular price. Now, since I have the tin foil firmly installed in my head, I am going to speculate, instead, that that was in fact one big seller or coordinated group of sellers. I would speculate even more: It was more than probably The Black Hand getting rid of significant amounts of their 4.5 million coins invested long ago with the hope the devs would play ball, like BC did before, and let them manipulate not one but several gigantic pumps and dumps. Since the devs showed clearly that they would not play ball, in spite of the efforts of Joel Bosch -reknown Mano Nera operative-, The Black Hand proceeded, slowly, to dump those 4.5 million coins.

I believe the spiral downside has been provoked mainly for that reason and with those players in the field.

But what do I know, I am just speculating with my tin foil hat on...

Meanwhile there's a nice over 25% rebound in progress, so it seems the announcement of the "secret weapon" on twitter, as I pointed out, is doing what it is supposed to do. Glad the devs came out with that. Came out with anything, really...

Oh must be those darn manipulators that keep it artificially low elsewhere while someone bought maybe 4 coins for 16k! How can some like Barabbas and the others deny  such clear evidence, how can they??

You see? You are not only convinced youy are quite capable of identify intelligence, but you believe you are quite bright yourself... and yet, points and ideas pass above your head like there's nothing below, you don't grasp any, not even remotely, and still you choose to believe that it is not your fault and, instead, it must be some language -on my part, of course- miscommunication. There's a lot of differences between "smart" and "intelligent". As well as several varieties of both. Having a high IQ doesn't mean that the individual has actual knowledge, much less experience, on anything. And being smart can mean that someone doesn't even know how to read but still acts with plenty of smarts ... these are usually called "street smarts" but smarts by any other name are still smart. I'm sure you are capable of catching my gist here.

Biochemistry and Molecular Biology, while fascinating sciences, have very little to do -nothing, in fact- with creative and valuable ideas regarding a project of a crypto currency, let alone ANY idea whatsoever about finances, marketing or communications. Our boys have evidenced already total lack of all those skills to significant extremes in just 2 months. Nothing that should surprise anyone considering that, well, they are good, brilliant even, maybe, at Biochemistry and Molecular Biology which has the same to do with those matters I just mentioned as olympic swimming or fashion design, for instance.

Problem here is the raw arrogance evidence many times has proven these two guys, Pat and Doug, actually believe they are semi-geniuses in financial matters, quite adept at communication and authorities in matters of marketing. And, to put it somewhat mildly, the SUCK at those three. Badly. Added to that, neither them nor dev3 have, so far, proven that they are good at creating valuable, marketable, original features in a coin. There's some promise out there but it is a promise that is growing quickly old.

I KNOW -age and experience gives you that is a couple of instances, not in many more- that you understand clearly my points but your condition of invested bagholder, added to the one that actually believe what you and others -me included- post here has direct influence in the price movements, will prevent you from admitting the obvious, on all counts, so don't sweat too much trying to respond with anything close to smart.

Oh and by the way, how's your brother -the genius- knowledge of Siglo de Oro literature? I take that he will speak fluently at least seven languages and several African dialects, so I'm sure he will know everything there's to know about that and many other matters just putting a few minutes to study them...

Lesser humans, such as me, trust more experience though, in most matters.

And Google, of course.

Edit add.- The have time enough, on your other matter, to tend to their ego requirements and, seemingly, to any other matter, including vacations. And yes, I could stop "pestering", as you so eloquently put it, them but I'd much rather try to keep them on their toes, committed to do the best that they can instead. It's my money and their prerogative. Yours is to post inane things or try something remotely resembling intelligence... which would probably be a noble and discreet silence, but what do I know, right?

More accessible: I am available for hire. If you know of anyone willing to pay some decent wages, I can do an excellent job either cheerleading or the opposite. I never found anyone willing but you seem to have experience, or so you say.

It will have to be under a different handle -and I don't have any other, so it would have to be created- since Barabbas is committed to the truth, no exceptions...

Well it is something, whatever that "big secret" turns out to be. In principle it has helped stop the sell off, just that announcement, so perhaps the devs are beginning to pay a bit of attention...

As for you toxic boy, get back under the tinfoil. or not. What your conspiracy theory now, that UK and I are somehow coordinated? He's contemplating selling a huge stake and I just bought a minimal, modest (by comparison) amount, so not only we are not coordinated but we seem to be, at this moment, more or less ready to bet on opposite directions...

But I understand you'd be confused,,, after all, at your level, all seems to be a bit of a foggy vision all the time anyways, isn't it?

If you know of anyone willing to pay decent money, I can submit scripts, convincing ones. The subjects are ripe all over the place.

What you fail to see in your narrow vision of things is that hiding from truth and reality has never, ever, produced any meaningfully positive results.

on the other hand, only people of very peculiar minds can attribute to the posts of Bobsurplus or Smoothie ANY bearing at all on the price ... and this is not just opinion but demonstrated fact, repeatedly, when in the most heated moment of their attacks -and others, not just those two-, the preci not only remained for many days above 30k but actually rebounded from that level a number of times... immediately after the controversial roll back. So pretending now that this sustained dumping, of weeks, has anything whatsoever to do with whatever anyone (but the devs) posts here, is... lets just leave, very generously, on NAIVE, ok?

Now, that the devs posting here or anywhere else -or NOT posting here or anywhere else-, give the impression that there's nowhere to go by VRC but down for there's nothing to look for in the future but a white paper written while on vacation, THAT can influence a bit of people of the fence to sell and look for more promising ventures.

You see, what the devs post, here or anywhere else, IS important and potentially market moving. That's why the should be much more intelligent, and careful, with what they post, than they have proven to be so far. People want them to show here, it is understandable, but they should be aware, and, again, careful, about what image they project when they post here and never post viscerally -much less arrogantly- because the wrong impression -and that's all that is needed to move markets down- is quite easy to produce and impossible to erase.

In other words, investors have reached the moment where they demand that the devs put up AND shut up. If they ask for time, there isn't any left. Can they control, of try to, this downfall? Of course, but it would mean coming out with specifics, timetables and specifics that are more than promising. And even that would be a tough sell. As I have pointed out already before, it is imperative, in my opinion, that they do so. Now. Before it is too late and there's no possible return.

Before everything is lost.

When you state "such low esteem", are you referring to the devs, personally or as devs of VRC? Because, on both counts, you are wrong. Personally, I find them to be somewhat grown children with a lot more to grow, a lot to learn -especially that they are far less intelligent than they believe they are-.  As devs of VRC, they need to be proven. So far they have come quite short on every aspect, but it is too early, in my opinion, to render a definitive evaluation... although they are racing against the clock now and, this being crypto, they may find that they are not going to have the time they need, even if they are capable of fully delivering... which, at this juncture, it is quite open to speculation.

But to answer your specific question, it seemed like a good idea at the time.

One of the very few actually buying: Just got my full (modest) order filled under 9k. People still dumping hands over fists.

The project, with the devs totally absent for all intents and meaningful purposes, is lacking direction and, above all, achievements. No one outside of the fully stretched VRC community, sees any future in this project, the same way they don't in BC. By the time Doug is back from vacation, his hobby project might easily have lost another couple of digits. Nature of the beast. Anyone seeing any reason, any real reason at all for a rebound any time soon? I didn't think so. Neither do all those dumping quite massively every single day...

So they dump and move to projects perceived as having one.

That simple.