Interesting subject.

But full of common places and not actually pointing to anything that will present any kind of workable solutions, I think:

So regulation is bad, inevitable, but bad. Why? Well, because regulation has been a failure that only helps the rich get richer while the poor gets poorer. True indeed -in one context- but not necessarily i ALL contexts: Regulation has also saved millions of jobs, hundreds of thousands of companies and, as of today, in the US, protects then poor's balances up to $100,000. Lets not forget the positives either. And, if we extend that to the IMF or the EUF, we know also that several countries have been financially saved in the recent and not so recent past, from  Mexico and Argentina to several EU associates. So there's a lot tpo be said in favor of regulation, once we take a closer look and, above all, escape the common places that seem to work only with ignorants. truth is that without quantitative easing and the Corporate bail out, the US would be a bankrupt country financially, living if a decade-or-more great depression and a society in which violence and crime would be rampant. Put the avoidance of that also on the has column on REGULATION.

But, since we, in crypto, are so smart and have everything so easily figured out, why not taking a look at the non-regulation crypto alternative? Ok, we have this wonderful -and almost free-technology that allows, among many other things, worldwide transactions almost instantly and practically free. And, to go with it, a "starting anew" monetary system where inflation will be almost controlled -not really- and a new worldwide denomination currency to go with it... only problem is, without regulation, it is like banks with doors open and no guards inside or police that will stop thieves to come and get it as many times as they want and with guarantee of non-prosecution even if they are caught. It's been called the "Wild West" by some romantics but it is not even remotely close to the lawless West: in order to assault the mining payrolls and the mail and bank physical transfers, the bandits had to show  balls of steel, risk their lives and definitely facing the ruthless bounty hunters even when successful, while our crypto bandits get to brag about their thievery hidden, if they so choose, under anonymous handles.

So, fact is that, if you are against regulation, you are supporting these bandits all the way. There's no middle ground. It's either or. And no, the "they deserve it" 'argument' doesn't fly AND YOU KNOW IT.

It's time for the technology -and currency- to serve the people, not the bandits. Welcome regulation, even if it is already quite late. Regulation, for lack of a better word, is indeed GOOD.

Face of stone. Really.

Hi Robert, Bobby, Bob,

Of course when conditions in the market warrant. But I am making right here, right now the formal suggestion to have a Roll Back Day every year on the anniversary of Launch, as a preemptive strike in case some thieves are considering an attack.

Imagine the marketing possibilities... "Vericoin: The Wal-Mart of Crypto"... Catchy, ah? The possibilities are endless, really, but I volunteer only this one as a tease.

Much more on pay-per-view...

Well I have to very strongly disagree: This is NOT crypto at all. There are dozens of serious coins with serious developers and serious investors supporting their projects. Of course most of them, are not hidden under anonymous handles, are honest, prepared, transparent and have a pathway that they follow scrupulously (if you are interested, I can give you a short list right off the top of my head).

The time when I warned people on this forum about PESA is long gone as well as the opportunity to have escaped more or less on time and, above all, the opportunity for everyone to stay away from this train wreck. So no, I don't want to scare anyone anymore. As a matter of fact, for good, bad or more probably ugly, those who have chosen to remain invested in this deserve fully whatever is coming ahead.

I am just watching and, quite frankly, enjoying it.

2 days? Tell me how many when someone -not the devs or anyone connected with them of course-, manages to fix it.

Otherwise, not days, not weeks. Not ever. The "dev" doesn't know how to fix a wallet. Obviously.

But you still want to hear (and believe in) crap? Crap coming your way, in loads, right away.

The "dev" in question may very well be a certain Templar 77 alias Carlos R Torres Ferguson, Mexican dude... he specializes in wallets... kind of: He takes your wallet and puts it right inside his pocket.

OK people, this dump is just not warranted... not yet anyway. There's still plenty of time for the dev to make good on his promise to have the wallet fixed within "roughly 8 hours". That statement was made just over 7 hours and 55 minutes ago.

Plus some kind of delay, within an hour or two, could be acceptable.

I mean if you have held until now, in spite of the numerous reminders of the non-existent possibilities of this coin, there's certainly no reason to dump now for these major losses. A double from here will be easily achieved if the dev comes out with an updated wallet in the next few hours... even if the wallet doesn't work at all.

Which is quite possible, of course.

You probably haven'ty heard the last coming from casa Blackcoin: They are about to hire a new marketeer... as some of the fan-boys are beginning to claim that either or both IconicExpert and Wizrig/Joel Bosch, come back.

I am sure though you have heard about the $32k they spent in hiring the Max Borgess Agency to do PR for them... so far -two months into the 3 month contract-, The Agency has produced a second-level employee Q&A with the fanboys in Reddit, 2 press releases and one article in a newspaper, i believe. People in crypto have been known to have gone to hospitals with seizures due to uncontrollable laughter about the subject...

It came out already in a coma...

Oh and it went all the way to 23 and change -from the bottom of 13... which means a rebound of 77% which, of course will be traded by the traders who bought at or near the bottom. currently, at 17444, we are still 34% from the recent low. So?

Oh... I'm sorry, you want to convince yourself, and others, that the sell off that brought us to 13k sat was caused by the rollback decision... my bad.
It's only that it doesn't jell, you see... the sell off not only affected VRC (and it really started weeks after the rollback, to boot), the sell off affected, in similar -and bigger measure- other coins that had not rolled back anything, well established ones. One of them even sporting an "stabilization fund" -that was obviously eaten while the dev was trying to stop the loss, for no reason whatsoever, of 2/3s of the value of the coin... to no discernible effect. That coin is Nautilus, you know, the one with connections to Wall Street, the stabilization fund, the whole shebang... Mind you NAUT rebounded also, much like VRC only... much less. And right now stays at roughly 25% above the recent lows that, I repeat, brought it back to 1/3 of the value the coin have before the dump started, roughly at the same time the dump started in VRC... and several other coins (yep, I don't forget I employed the plural), for instance Blackcoin, that  lost more than VRC and rebounded less. Or Pink coin, that also lost more and has rebounded, at present time, a bit more than VRC and  at one time recouped all the losses (had been halved)... but the cause of that huge rebound could probably be pegged to their first Hangout in which the main dev announced the interest of Wold Poker Tour star Phil Ivey...

So you see, hero member, it has nothing to do with the rollback decision. It has nothing to do with anything that you say or pretend to imply. So, next time you choose to come back to spew your bullshit -pardon the expression-, do your homework a little better first otherwise you risk making the pathetic ridicule you just did.

Have a nice rest of the weekend though.

But didn't you said the the wallet would be fixed in about an hour or so???

This is beyond ridiculous...

Now you have ruined my life. Really. How can you possibly do this to me??

And, also, happens to be anonymous and sometime in the (near) future, right?

Hey look, a total idiot!

Oh you really know about that minimal, mom and pop operation of putting mining rigs together? I believe you must be slightly misinformed, but what do I know, right?

Sheeeesh!

Uh... no. Max has probably been honest in his explanations ... of that he doesn't have anything to do with the coin at all other than being the Community Manager. He cannot fix the wallet. He cannot fix the block chain. He cannot build a website for PESA. He cannot implement Tor... he just posts stuff, ok?

Now, the "developer", that mysterious individual that MUST remain nameless, is travelling, so don't expect any fixes... even if he's capable. He must be travelling by burro, mind you, because it has been more than 24 hours that the wallet and blockchain have been broken and he has not been available.

Now, any explanation -as if the aforementioned wasn't red-flaggy enough-, as to why bringing this shit to the market under the current, absolutely unready conditions? Any at all.

All of that is assuming that what Max here says is "honest", which requires a quantum leap into common sense disbelief... which brings one to the heart of the matter: Why would you put a single penny of such a shit... situation, when you have dozens of already established coins, with known developers, available at more than attractive prices?

Oh I do. Thank you for your answer, though.

Things are way worse then initially thought.

This sets actually new levels as far as shit coins go.

So, McLaughlin, you are the community manager and only the community manager, right. You work for Fibonacci (what is it?). but you incapable of copy/paste a working website from any of the more than 1000 coins that have practically identical ones, right?

Or am I missing something here? Would you mind to tell us who is the main dev -the one traveling- and who the "other members of the team are"?

At least their anonymous handlers... oh, if all of them are going to be newbies, is going to be a bit suspect, you know?

And how do you propose to go about this peer-to-peer transaction? Will you transfer your PESA to me in good faith. If we agree on price, I'll pay you your BTC upon arrival of the PESA to my wallet.

Are u guys aware that today is the Sabbath day? For certain people it is simply not allowed to work in any capacity... perhaps Mr. McLaughlin is of such religious persuasion...

And the "rest of the team" too...

Shssss! Mr. McLaughlin is asleep. It's Saturday morning, damnit!