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2561  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 26, 2014, 04:27:54 PM
While checking the forum on my phone, I found that my "ignore" only applies to the device you hit the button in so, I was surprised to find our ineffable luisito posting duplicates of his utter and yet usual and ineffable nonsense.

As an example of businesses that "if you build them, they will NOT come", he chooses to make a comparison using an example geographically near to where he is: The controversial Castellon Airport. As is this could in any possible stretch of anyone's imagination could have any parallels at all with a crypto currency project such as Vericoin.

Those interested can read about the controversial airport in Wikipedia or many other sources, but basically this is the idea and project of a local politician who ordered also the building of a gigantic statue of himself (for almost $400,000), as the center piece of the airport, that was built without any government paperwork approved for operation and as a way to quickly produce local employment -charged to public funds, of course- and, presumably, local votes in re-election. The individual has quite a few open causes for widespread corruption in several local and national courts and is just one more exponent of the widespread political corruption taking place in Spain in the last 10 years that has prompted a recent study of the European Community that points out Spain as one of the most corrupt states of said Union. The well known cases (1,700 at last count still pending in a country with less population than California), some of them involving even members of the Royal House as well as large numbers of politicians on both sides of the congressional aisle, has made of Spain, especially at the regional level, a hub of projects such as the Castellon airport, for most of the cases involve inappropriate building construction... including, of course, airport facilities.

And this, in the genius mind of luisito, definitely a new kind of idiot, has something to do with the Vericoin project, if no for other reasons, as an example that "if you build it, they will not necessarily come".

Some kinds of idiocy are difficult to even fathom...
2562  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 26, 2014, 07:32:05 AM
Oh and I forgot, those mini rises are probably his, he'll buy now to cause impression of "wow, so cheap, it'll rise; to the moon" etc.

I wouldn't mind against him before yesterdays mess but I see he's very active now in acting like he's buying more:
"thanks to newbies bought more" etc etc games, too simple for me.

And I'm very curious which address.
At 600-700 price it was very hard to buy few m.of PESA, but he act like the best trader.
Idk if he's good trader, but scammer and PR-attack man for sure. So beware.


You can throw shit at me because of my post, bad pr, but tbh just beware of IE bullshit at twitter right now.
This is too much act in this for me.

I know that PESA now is in bad situation and I like to be good for coin that everyone of holders will earn some money.
Have a nice day.

Generally, IE gives pretty good advise on Twitter but in my opinion he's slipping quite a bit in PESA.

And his posting of pictures of his closets and comments about it all are just bizarre.
2563  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 26, 2014, 06:54:22 AM
So this Maximillion kid is Macchiavelli? (Niccolo Mac is short for Niccolo Macchiavelli). At least it is a face and a name. And very small and confusing bio for he is working for Fibonacci, which is a number of things -the most known tech charts commonly used by day traders in bourses around the world, but that's not it-, but we don't know what it is.

What we do know -if indeed Maximillion is Niccolo Mac-, is that he's a kid, with no experience to speak of, with no financial experience whatsoever and quite unable to put up a copy/paste website that any 10 year old kid would be able to put up in about 5-7 minutes, in perfectly working condition. Oh, and that he does apparently sleep quite a bit. So if he puts up 8-10 hours at Fibonacci and sleeps another 8-10 hours, assuming he has no social life at all -which is impossible in a kid his age and working-, he's left with very little time, if any at all, to this potentially lucrative hobby that is Pesacoin. And, of course, whatever small time he can or is willing to dedicate to it, is all he's willing to "invest" in it for obviously he has not put a quarter on the development of the coin and is looking for handouts from the community.

At least we know a little bit more now -provided it is true-, about who's behind the train wreck. Makes a big difference? It could. It doesn't because we are left to believe what otherwise is quite obvious and has been since the beginning: Practically no one, anonymous handle or legal name, is actually doing much of anything in the background of Pesa.
2564  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 26, 2014, 05:41:19 AM
really? all this panic selling over a updated wallet?

i believe the panic is caused by the realization that this is an unprepared launch of a shit coin.

But I could be wrong, of course...


not at all, wallet update + a massive 4 BTC buy/sell manipulation  + end of pow. It will come back easy.

and btw, everyone calls every coin they not invested in a shit coin just cause they want them to exit and get into the one they invested in so the price raises.. it's really a overused comment that means nothing anymore


No, no. There are coin projects and SHIT coins. The term usually means two very specific things: Option A.- straight out scam. Option B.- A copy/paste job, usually by just one individual (dev "team"), launched absolutely unprepared, with no website, no nothing because the 0ne-man-job doesn't have a quarter to his name and needs the money from the community to pay even for the more elemental, basic things.

Since the coin doesn't bring anything to the table that at least 1,000 others already have implemented for months or even years, it is destined to survive between 2 weeks and two months depending on the gullibility/ blind greed of their "investors".

Or worse.



Blatantly and demonstrably false.

This coin has PoD which as far as I'm aware only a handful have.

PoD = proof of developer, see his Linked In page.

Non-anonymous developers are rare and qualified non-anonymous developers are even more rare. Why not stop wanting instant gratification and give this coin a month, see where it's at.

But no one will, they'll keep dumping it to oblivion every time the price rises 10% for "profits" , like they do with every coin out there.

Excuse me?Huh Where's that link to linked in profile? Not in the OP that's for sure... Where's the website? Do you know how much bullshit it is to pretend that a website -all are the same, it take literally less than 5 minutes to copy/paste them- is "delayed" as if it is huge enterprise? The wallet doesn't work either, the blockchain is a mess, the final count in coins may be or maybe not "around 20,000" How many fucking red flags do you need? What is the reason for existence of this coin to begin with? Come on!

Don't cry when it goes to 100 sat with a week or two, at least that minimum decency is expected, ok?
2565  Alternate cryptocurrencies / Altcoin Discussion / Re: THE WALL OF SHAME on: July 26, 2014, 05:10:54 AM
ELITE COIN

One more. Several every day. Same ol, same old: Hidden premine. Shame on the dev/s, shame on Bittrex for bringing it out but, above all, shame on the people that convinced themselves they were going to be smarter than the next guys and they will reap profits while leaving the next guys holding the bag. Too many examples to list... Nebula, ninja, sparta... and now elite.

Ok, there were -as always, ALWAYS, are, and enormous amount of red flags on all of these: Newbie account, unknown devs, self-moderated ANN thread, 5% "interest"... nothing new on the coin itself, just an obvious copy/paste hack job. The hook -incredibly "popular" these days-, PRETENDED SCARCITY. As if previous non-scam coins such as 365 or 42 or even the one with one single coin, have not demonstrated clearly enough that scarcity is just a gitzmo... that never, ever works. And yet, the blind greedy ones continue filing up like sheep with their BTC ready to give it to an anonymous handle with all these flags -and others- clearly pointing toward scam.

And, of course, when they realize they have been taken -again- they claim, shout and pretend that someone else is the guilty party... Of course the devs of these coins are crooks. Of course the policies of Bittrex suck big time. But you have, among many other resources across the net, this WALL and, above all, the most elementary common sense. If you are investing, obviously you are greedy. One doesn't exist without the other. So you are a target and an easy one, quite frankly. Before you lose it all, learn the first rule of investment: Preservation of capital. Always leave with resources to play another day. Never go all in. And, for heaven's sake, investing in alts is risky enough in itself, you don't ever need the added risk of giving money to absolute unknowns, with no legal name, who don't accept criticism and censor their threads and that offer an interest rate that would not be sustainable is the coin is to have a future. 5% is an unsustainable rate of inflation/interest if the coin is to last for years and years. It simply cannot work and will ultimately rtender itself worthless, on inflation alone.

I know this is like shouting in the desert. No one wants to hear. A couple would have lost everything, half a dozen will leave crypto altogether, 3 dozens will just go to the next shit/scam coin convinced they will get back all their loses in Elite in 24 hours. And the rest, well, they are that rare breed that only invested 20-30% of their total investment money and consider themselves very smart for it... while their nests continue dwindling to quickly join the couple cited in first place.

It is shameful. It is very sad. And it is inevitable.

Nevertheless, this wall will continue here hoping to serve new people coming into crypto to be careful out there and ONLY invest in projects who have KNOWN developers, with legal names and addresses quite clear, with bios that you can check, with proof -offered by the devs- that there's no hidden pre-mine, and with apparent and obvious honesty and transparency. And, of course, with BTC Talk threads that are not censored nor moderated. There are several such coin projects, usually they would be listed in the WALL OF HONOR, but there are some that are not because they fail some of the very strict requirements. Look for them. They are worth your investment, if you believe in the future of crypto currencies.

Stop sponsoring the crooks and the bad guys. You don't have to. You absolutely need not to. Simply do not.




2566  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 26, 2014, 04:20:53 AM
could not able to download windows wallet .. Cry

who cares, really...
2567  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 26, 2014, 04:18:03 AM
LOL their is a reason why this guy made the list people just block is garbage and lets talk productively.
http://www.vericoinish.com/index.php/blog/the-fud-list

^^

See? Proof positive of idiocy in raw form. So what?
2568  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 26, 2014, 04:16:57 AM
Hey guys just a suggestion but no matter what our PERSONAL feelings are for certain members let's please try NOT to turn on each other.....

Your effort is duly noted. And fully appreciated. Thank you.

But conflict is inevitable in internet interaction. It goes back to the old Mickey Mouse black and white docu they show you in traffic school or, more deeply, to Dr Jeckyll and Mr Hide. Human nature. And it is ok... if you put it in the proper context and don't make a federal case of it.

As it has been proven millions of times -and here very recently-, the bouts of ad hominens and personal exhibitions of raw idiocy hardly interrupt or otherwise affect the exchange of ideas and proactive movements. It all goes with the territory and, if anything, it demonstrates that a project is alive, dynamic and with an active following.

As i see it all is a positive... especially considering that everyone can "edit out" quite effectively those posters that they believe are not worth reading.

Win-win. In my book.
2569  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 26, 2014, 04:05:12 AM
really? all this panic selling over a updated wallet?

i believe the panic is caused by the realization that this is an unprepared launch of a shit coin.

But I could be wrong, of course...


not at all, wallet update + a massive 4 BTC buy/sell manipulation  + end of pow. It will come back easy.

and btw, everyone calls every coin they not invested in a shit coin just cause they want them to exit and get into the one they invested in so the price raises.. it's really a overused comment that means nothing anymore


No, no. There are coin projects and SHIT coins. The term usually means two very specific things: Option A.- straight out scam. Option B.- A copy/paste job, usually by just one individual (dev "team"), launched absolutely unprepared, with no website, no nothing because the 0ne-man-job doesn't have a quarter to his name and needs the money from the community to pay even for the more elemental, basic things.

Since the coin doesn't bring anything to the table that at least 1,000 others already have implemented for months or even years, it is destined to survive between 2 weeks and two months depending on the gullibility/ blind greed of their "investors".

Or worse.
Go back to the Vericoin thread already. Your negativity and logic are noted. We are all in awe.

As long as that is taken care of...
2570  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 26, 2014, 03:54:34 AM
really? all this panic selling over a updated wallet?

i believe the panic is caused by the realization that this is an unprepared launch of a shit coin.

But I could be wrong, of course...


not at all, wallet update + a massive 4 BTC buy/sell manipulation  + end of pow. It will come back easy.

and btw, everyone calls every coin they not invested in a shit coin just cause they want them to exit and get into the one they invested in so the price raises.. it's really a overused comment that means nothing anymore


No, no. There are coin projects and SHIT coins. The term usually means two very specific things: Option A.- straight out scam. Option B.- A copy/paste job, usually by just one individual (dev "team"), launched absolutely unprepared, with no website, no nothing because the 0ne-man-job doesn't have a quarter to his name and needs the money from the community to pay even for the more elemental, basic things.

Since the coin doesn't bring anything to the table that at least 1,000 others already have implemented for months or even years, it is destined to survive between 2 weeks and two months depending on the gullibility/ blind greed of their "investors".

Or worse.
2571  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 26, 2014, 03:09:31 AM
really? all this panic selling over a updated wallet?

i believe the panic is caused by the realization that this is an unprepared launch of a shit coin.

But I could be wrong, of course...
2572  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 26, 2014, 03:05:51 AM
I think the most important and encouraging in the VeriCoin operation is that the devs are still interested in the project and working on adding new features. The price goes up and down, right now is down, but the hard work and the release of usable features will take care of the price increase. This is a legit dev team, as PNosker said they are real people building a real money. This transparency is a very unique attribute in the scam driven alt coin market.

Right now people are upset, but 50-100% price swing happens all the time even with real business operation. In the place Russia where I have been dealing/trading/funding IT, telecom and software companies I had experienced with a few 3000% price drop in the last 25 years, there were dead bodies all over the offices, so this is a very calm environment compared to that one, here is even the crypto-history maker scummer pumper WizRig is alive, so nothing dramatic happened here. Price drops are part of the business, even bitcoin has gone through several swing. Again, the hard work from the devs will take care of the price and the future of the coin still very bright.

Which is very encouraging to me that it seems the Devs are finally working on what really matters, the decentralized app feature. No one cares about VeriBit (why would anyone want it when we can pay with bitcoin, no wonder there is only 6 VeriBit users worldwide), the FIAT feature could be useful for a few people but nothing is innovative nor exciting in the FIAT feature, but a decentralized market place or exchange could be a game changer. Please focus on that and try to roll out at least a basic app that implements decentralized features. As you know there are incredible capable and smart people working on decentralized apps, Ethereum, Skycoin, even ViaCoin with the Counterparty inegration, etc., so the competition is fierce, that's why would be important that the Devs try to release at least a very basic but working decentralized app as soon as it is possible. As you know better than I do you compete with very smart guys like Dr. Wood from Ethereum http://www.gavwood.com/Paper.pdf , but if you have something that works (even if it is a very basic app) you can be the winner in this race.

There are many people like myself who invested a lot into VeriCoin, we are not overly worry about short term price changes and willing to invest lot more if things are going in the right direction. Please implement the decentralized feature and I guaranty you many more investment will come not from pumpers but from real investors.



That is a terrible mistake for nothing can lose more than 100%. That's tops.

You would understand that reading your post after that would be a waste of time, wouldn't you?

Agreed, but he made a point and everyone got it, pitty you are being either too dumb or too troll to stop reading past that point, he just made some really interesting points about minimum viable product and customer development in that and some recent posts. I think you are too "smart" to realize how dumb you are/seem sometimes, take it as you will.

If everyone "got it", what does it matter if I did or didn't.

Don't worry, I take your post for what it is: Inane stupidity. Pure and simple. Anything else to discuss?

Or what do you expect after posting what you chose to post, a bunch of flowers?

Well actually yes, WTF is inane stupidity, could you please at least learn how to correctly spell in your moronic posts? and BTW rocket scientist are you able explain why you say what you say like an adult instead of childishly trying to offend like the stupid troll you are? no wonder you  are in the top 5 morons list... meh

I thought in mathematics you could say that there is a more than 100% decrease exists. I mean I thought one could say that there is a 100%, 200% or 300% decrease. Like if your start number is let say 10 and your end number is negative 300 (-300), then my high school teacher described that result as 3000% percent decrease.  But I could be very wrong, I am very poor in mathematics. From business viewpoint I definitely felt in that past that I experienced with a 3000% decrease in my pocket when I provided collateral and I was liable to cover a $300,000 loss instead of gain the expected $10,000, but obviously it was just a decrease relative to the expected gain, and I am sure you are right Barrabas, saying -3000% is just plain stupidity from my part.

Anyway, sorry Barrabas for writing stupid things like that -3000%, when such a fucking genius is in thread like yourself then every single word is obviously very important. As your actions implies sloppy phrases in the forum will seriously effect the future of Vericoin, our chances to cure cancer and the mission to Mars just to mention a few tasks which I am sure you have been involving. The good news is, we are safe, because you are here and frequently point out to people what, how and when to write.

You could say that, yes. You actually, amazingly, did.
2573  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 25, 2014, 11:50:30 PM
Well actually yes, WTF is inane stupidity, could you please at least learn how to correctly spell in your moronic posts?

I think it's just a language barrier thing, what with English not being his native language. Inane means "stupid". As a native english speaker, you're not expecting to see somebody say "stupid stupidity", so you naturally assume that he misspelled "insane" or something.

It seems you both need some help understanding the meaning:

in·ane
iˈnān/Submit
adjective
silly; stupid.
"don't constantly badger people with inane questions"
synonyms:   silly, foolish, stupid, fatuous, idiotic, ridiculous, ludicrous, absurd, senseless, asinine, frivolous, vapid; childish, puerile; informaldumb, moronic, ditzy, daft
"another one of Craig's inane schemes"


Choose any of the synonyms to avoid the reiteration and all of them fully apply... including the reiteration.

I do speak and write perfect English, so there are no barriers ... or misspellings -unless prompted by typos or rushed posting. "Luisb", on the other hand, lacks command of English beyond a basic -very basic- level. He also lacks command of his native Spanish.

He just lacks command, period. Of anything.  
2574  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 25, 2014, 09:01:25 PM
No purpose. No preparation = shitcoin.

Won't be around in a week.
2575  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 25, 2014, 07:38:36 PM
To add to a previous point, hopefully unnecessarily, therefore closing the door on the subject, the already established parallel in market behaviour of VRC with other established coins such as PINK, BLACK and NAUT, the three of them have rebounded already by around 50% from the recent lows, just like VRC has done (VRC actually at current count 70%, to be precise).

This has nothing whatsoever to do with what is either posted in the forums or any other suggestions/announcements and all to do with traders/investors buying back in at prices they consider easy to profit from. Nothing else.

And since the 4 have plenty of bagholders from these and much higher levels, sell offs of these quick gains, are to be expected, regardless of postings in forums and more or less run-of-the-mill announcements (such as new wallets, android wallets and the like).

Just keeping things in the proper perspective.
2576  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 25, 2014, 07:32:26 PM
This is a shitcoin and will cease to exist altogether very soon. I have already posted to that effect several times. Those of you taking the risks, hey, good luck but, in the end, this is as done as ARC.

2577  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 25, 2014, 07:30:13 PM
So it is perfectly clear for everyone and no need for more repeating: DUE to unavoidable legal reasons, the FIAT/VRC conversion will have to be made, ALWAYS, THROUGH A LICENSED THIRD PARTY (Moolah or any other). No matter how many ribbons and nice wrapping you want to put it in successive versions, the basics will always be the same: A link to Moolah, no matter how personalized. It also implies paying Moolah for their services. Is that cleart enough? Can we just put that to rest forever? You can choose to expect from that whatever you want but that is all there is and that is all there WILL be in the foreseeable future. End of that story.

I took different out of what they were saying.  I got that Moolah is just the first, but others will be used.  And that the click to go outside the wallet is not something that will be there forever, but in fact they are working to make sure you can get things done directly through the wallet.

In my opinion you chose to get it wrong: It CANNOT be done. By the laws of the US. There are requirements that no coin can or will ever fulfill -even after regulation-. So yes there will be other partners, but will always, basically, be a link to a third party. This is not even worth discussing because, after all, what is the use of it when all the exchanges offer you such integration already. But, hey, make of it whatever you choose to. I was trying to streamline the projects in order to concentrate resources on those, such a VERIFICATION, that should be a priority because they imply gigantic potential repercussions. Now, because of your assumption, that I repeat, goes against the laws of the United States, the devs will have to feel obligated to, again, post to make you less convinced of what you wanted to interpret they said. And round goes the merry-go-round again and again...
2578  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 25, 2014, 06:41:29 PM
OK we need to stop IGNORING realities deliberately and going around and around and around the same subjects wasting space, everybody's time and, especially, forcing the devs to waste their time in reading post pof no consequence and having to repeat themselves a million times.

So it is perfectly clear for everyone and no need for more repeating: DUE to unavoidable legal reasons, the FIAT/VRC conversion will have to be made, ALWAYS, THROUGH A LICENSED THIRD PARTY (Moolah or any other). No matter how many ribbons and nice wrapping you want to put it in successive versions, the basics will always be the same: A link to Moolah, no matter how personalized. It also implies paying Moolah for their services. Is that cleart enough? Can we just put that to rest forever? You can choose to expect from that whatever you want but that is all there is and that is all there WILL be in the foreseeable future. End of that story.

Now to the important matters that need further debate and clarification: REFERRAL PROGRAM. Everyone more or less is on board on this. BUT it is still not clear at all how will it be financed. The interest/inflation is, in my opinion, a bad thing. I could elaborate much further, but there's no need. It can be financed that way or through specific donations to the fund from stakeholders. Either way, financing is not a problem. So let's get moving with it as soon as possible.

THE most important matter, by far: VERIFICATION. Since it will be optional, also everyone is on board with this. I am more than on board, I am downright enthusiastic about it. This will be a whopper, definitely THE game changer. Why? very simple: When you approach ANY vendor and you make them aware that you bring to the table tens of thousands -initially, many more with time- of VERIFIED potential customers, their appreciation of Vericoin changes from the ever suspect world of crypto, Bitcoin included, to a pool of potential customers that will know of their products and services instantly and will be one click away from their ordering link. I believe it will spread like wild fire. It is the definite gate towards mainstream. The stakeholders will enthusiastically support it, will verify themselves and everyone else they can convince and it will be a blockbuster.

Now, another thing that we NEED to put to rest, like yesterday, is the misconception some still have that the recent decline was somewhat produced by unfulfilled expectations, Wiz2, the roll back or whatever else. IT IS NOT TRUE. I have stated (and DEMONSTRATED) that is has been a phenom/circumstance that has affected many other well established coins also with no reasons for it. And those coins have been affected equally or more than VRC in the same exact period. So, please, lets just see the FACTS and the reality and stop using falsehoods to further agendas, no matter how legitimate those agendas can be. Otherwise we will continue exchanging very long posts again and again round and round about the same FALSE matters. It isn't productive. And, most significantly, IT SIMPLY IS NOT TRUE.

On that very subject, there's no possible control we or the devs may have over P&Ds created by outside groups. It may be The Black Hand or any other. They have the resources, the buy and they pump. Nothing the devs or the rest of the stakeholders can or SHOULD do about that. It goes with the territory and, as long as we are all aware of it, everything will be fine: Lets say The Black Hand as accumulated 4.5 million VRC at an average price of 12000 sat. They pump it all the way to 40,000 and they star taking profits. When they are done, the price has gone down all the way to 16,000 and the average sell price for them has been 28,000. They did great, made a ton of money and DID NOT CHANGE anything in VRC. As a matter of fact, more people was aware of the rise, many more came into the coin and now are bagholders, but, for the real stakeholders, the price before the pump, when they were the same stakeholders, the price was much lower than 16,000 sat, so they -all of us- benefit from that. That's the perspective that we need to keep in mind... and, perhaps, if we identify the Pump phase, profit from it by selling close to the highs some or all our holdings and buy back double amounts on the way down.
So are the Pumps and Dumps negative? Not for the core holders, not at all ... as long as there's no inside info behind them. Let's not see ghosts where there are none and, above all, let's not pretend that creating awareness of the coin, by whomever, is a negative, ever, ok?

In other words, let's streamlined the repeated nonsense and hang ups that we may personally have, see things with the proper, FACTUAL, perspective and move to progressive -not hurried- action, if the devs approve, of course.

I have the feeling they will support the above mentioned initiatives quite enthusiastically.
2579  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 25, 2014, 09:51:44 AM
I think the most important and encouraging in the VeriCoin operation is that the devs are still interested in the project and working on adding new features. The price goes up and down, right now is down, but the hard work and the release of usable features will take care of the price increase. This is a legit dev team, as PNosker said they are real people building a real money. This transparency is a very unique attribute in the scam driven alt coin market.

Right now people are upset, but 50-100% price swing happens all the time even with real business operation. In the place Russia where I have been dealing/trading/funding IT, telecom and software companies I had experienced with a few 3000% price drop in the last 25 years, there were dead bodies all over the offices, so this is a very calm environment compared to that one, here is even the crypto-history maker scummer pumper WizRig is alive, so nothing dramatic happened here. Price drops are part of the business, even bitcoin has gone through several swing. Again, the hard work from the devs will take care of the price and the future of the coin still very bright.

Which is very encouraging to me that it seems the Devs are finally working on what really matters, the decentralized app feature. No one cares about VeriBit (why would anyone want it when we can pay with bitcoin, no wonder there is only 6 VeriBit users worldwide), the FIAT feature could be useful for a few people but nothing is innovative nor exciting in the FIAT feature, but a decentralized market place or exchange could be a game changer. Please focus on that and try to roll out at least a basic app that implements decentralized features. As you know there are incredible capable and smart people working on decentralized apps, Ethereum, Skycoin, even ViaCoin with the Counterparty inegration, etc., so the competition is fierce, that's why would be important that the Devs try to release at least a very basic but working decentralized app as soon as it is possible. As you know better than I do you compete with very smart guys like Dr. Wood from Ethereum http://www.gavwood.com/Paper.pdf , but if you have something that works (even if it is a very basic app) you can be the winner in this race.

There are many people like myself who invested a lot into VeriCoin, we are not overly worry about short term price changes and willing to invest lot more if things are going in the right direction. Please implement the decentralized feature and I guaranty you many more investment will come not from pumpers but from real investors.



That is a terrible mistake for nothing can lose more than 100%. That's tops.

You would understand that reading your post after that would be a waste of time, wouldn't you?

Agreed, but he made a point and everyone got it, pitty you are being either too dumb or too troll to stop reading past that point, he just made some really interesting points about minimum viable product and customer development in that and some recent posts. I think you are too "smart" to realize how dumb you are/seem sometimes, take it as you will.

If everyone "got it", what does it matter if I did or didn't.

Don't worry, I take your post for what it is: Inane stupidity. Pure and simple. Anything else to discuss?

Or what do you expect after posting what you chose to post, a bunch of flowers?
2580  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 25, 2014, 09:47:25 AM
BARRABAS!!

Stop responding to this nonsense, don't quote the posts, don't use childish language, just be more professional..

You talk about Socal and Wiz not representing the community or VRC in a positive way, well you are doing just the same here.

Rule #1 of the internet: DON'T FEED THE TROLLS

C'mon man. We were on a roll! Now we have to bury this with another page of intelligent conversation, and tbh my brain hurts from trying so hard to lift the IQ of this forum.

Difference is that I DO NOT represent VRC. I have never represented it nor I have been taken as a representative for VRC. I go solo. And I tell it like it is, at least until I gety bored. If I was representing VRC, you would see me maintaining perfect business etiquette, that's why I choose not to represent anything or anyone, because I don't want my freedom limited by my employment, paid or not.

And when someone, anyone, pretend that I have lied, I take that very, very personally, because I never ever do. Ever.

If that is feeding this stupid troll, then guilty as charged. Chances are that I will respond rather direly to anyone accusing me of such.

Whoever chooses to see me as a representation of VRC will be openly kidding themselves. I represent Barabbas, nothing and no one else.
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