Fucking turd fan-boy...

July, 6 BC trades at high of 23998 . It is trading at 13000, roughly -46% in 17 days.

July 6, VRC trades at high of 40875. It is trading now at 22000, roughly -46% in the same period.

Now let's go back just 1 month.

June 23, high for VRC is 20789. Today is trading at 22000, so it gained roughly 0.5%

June 23 BC's high is 21000. Today it's trading at 13000, a loss of roughly 38%

Who is lying, fucking idiot?

I never, ever lie. Ever.

Out of that pathetic scam coin? I have been out for many months and have been, to a point, a factor in its inevitable demise by uncovering the corruption and manipulation inside with The Black Hand in cahoots with the corrupt to the core dev team... peculiarly, after posting your stupid negating nonsense in many forums, you just posted in the BC forum that The Wiz and the Black Hand, of which he is part, were a dreadful episode for BC. What is it? You coming here pretending shit and then posting there the acknowledgement of what I have been denouncing for months -and that you have, idiotically as usual, pretended to debunk?

You are so fucking pathetic. Almost as pathetic as the coin of which you are cheerleader. Get the fuck out of this coin that has nothing whatsoever to do with the scammy and scummy one you represent and peddle in your signature. Or not. But shut your stupid mouth up in any case and stop making an even more idiot of yourself.

And the lows of "many, many months" cannot be more precise: Once launched, in February, BC was very briefly under 10000 and one has to go back to March-April, after the launching, to find the price below 12000. That's 4 full months, which in crypto not only qualify as "many, many" months but as an eternity, in fact. Turd.

Why don't you just eliminate  what "some might think" and tell everybody how much, exactly, you make per coin? That would eliminate the speculation right off the bat.

But answering your initial question, if people want initiatives done, people have to have those initiatives funded. If  a "fund" must be established per project or use the Verifund to cover all, it is only the community that has to put up and fund them. It is quite off-putting and not conducive to donations when there are no projects that require funding, but it would be shortchanging very unfairly this community when in a space of hours it provided the more than $3,000 that were asked for to get the dev team to be at the Chicago conference. This community demonstrated then, and will show many times in the future, that will ge more than generous to fund, widely, any project or program that is supported by a considerable amount of that community. Once again, besides the dev team, the biggest asset of this project is the community that supports it.

Sorry to burst your bubble but you are dealing with pocket change. This is a $5 million plus current value project (or thereabouts). That is serious money. That is a serious project. And the stakeholders will do whatever they believe is necessary or convenient to take that serious investment to achievable and much, much higher levels. The community just needs to know what is needed and for what.

Keeping the perspective (2)

Mostly for those new bagholders, the crying ones, that were counting in quickly trading for a profit of 6-10,000  sat and are now holding a significant bag with a 1/3 deficit and the shout continuously on the forum for devs to perform magic and take the price back to 35+:

--1, Pinkcoin lost 50% of its value in the same period even after announcing the names of ALL their devs and, especially, the leader of them, a star of the       World Poker Tour.

--2, Blackcoin has suffered -and continue suffering, still at the lows of many, many months- even worse dumping than VRC, with no rebound yet -as opposed to the 50% rebound, already, on VRC. In spite of a slew of announcements, including additional "members of the team", a very successful appearance at the Chicago convention -where they were "... by far the both more visited"-; direct contacts about integration with PayPal, actual offer of minimal investment by Intel (all of this according to the propaganda of BC, it could be exaggerated), Black Halo launching, Market announcement -everyone under the sun is announcing decentralized exchanges... that's why the investment community doesn't put any real value on any of that- AND an investment in PR of at least $32,000 with the Max Borgess Agency that so far, 60 of the 90 days it's bound to last, has only [produces a press release, a small article somewhere and a Q&A with an employee of the MBA--- if they would have directly bought media with those $32k, they could have had dozens of full page articles printed by tens of publications around the globe--- IF they would invest those $32k today in Blackcoin, they could probably buy the entire sell book up to 35k sat or higher--- no wonder the hiring of the MBA is widely considered to have made BC the laughing stock of the crypto community.

--3, Nautiluscoin, the coin with a built-in Stabilization Fund, by Wall Street eagle and deep crypto currencies connosieur, Brian Kelly, has lost, for no apparent reason whatsoever, 2/3s of its value in less than the same period -actually in MUCH less-.

There could be several macro-economic considerations made about the slump on these coins, VRC and several others I have not listed because they are less established, or prominent. Take your pick about what you feel could be the cause. But it is not because those coins have had any kind of news or circumstances that in any remote way could be the cause of the sell offs. It's simply not what has happened. Therefore, the only thing that has changed in those coins, is the price in the markets, nothing else. If you believed in them at double or even triple the price, there's not a single reason for you not to believe in them not at the probable bargain-basement price. And, needless to say, the devs have nothing to do with the slump either.

Like it or don't like it. Buy it or sell it. But your VRC is the same that was a few weeks ago when the price was in the high 40s. If anything, way stronger. If you want to make a point of reference of the rollback date, the coin reached the mid 30s, so no reason at all to not trust what you trusted and more than 60% above the current price. If anything, VRC is way stronger now than it ever was, tested as it has been, against a relentless dump and a clear panic phase.

As everyone knows, I have many criticisms and a considerable hub of ideas as to many things I would like to be done/implemented in VRC. But that doesn't hinder, not one bit, my confidence in the potential of this coin due to the main assets that have been solidified during the recent crisis: The dev team, in spite of their considerable shortcomings, and the community and especially the main stakeholders, those who keep the staking above 10 million VRC and the exchanges filled with 4-6 million or more that they will not sell under 20, under 25 and maybe even under 30, 35 or 40. Those are fucking solid assets that I'd be willing to bet against any other project in cryptoland, with similar distribution %wise. Nothing, as long as those assets remain committed, can stop this coin from success. Nothing.

And if the flow of ideas is followed by implementation of the best ones, and a clear path towards the main objective, this will indeed be the first altcoin to reach mainstream, no question about it.

And that is why, at the moment, I am  invested in VRC way more heavily than I ever thought I would be.

Or, maybe, people who don't want their names in another data base, should perhaps consider investing in Darkcoin instead. It would seem a more appropriate fitting... Or any of teh gazillion coins that offer anon features already.

I like it but as a secondary step to verification. Much more secondary.

Truth is that VRC should not be desperate about new users/investors. That should be part of a general strategy of much, much wider proportions, but yes, why not, a referral program is advisable and quite interesting. But first we have to have VERY CLEAR, where VRC is going. Which are -if they remain- the primary objectives and what will be the path, regardless what the markets do.

That is not to say that flexibility should be abandoned, on the contrary. The coin will continue suffering growing pains for sure and devs should adapt to whatever new challenges/circumstances, but the general vision should remain above all. That's the anchor of the stakeholders. That's the support thjat will stay through thick and thin, regardless what the price of the coin is.

Just bought another modest amount. Traded a couple of good lots for small profit earlier too. We might be in a tight channel for a little while.

I understand what you are saying but "of choice" doesn't apply: Ebay imposes it and that's why it is the payment that most people use on the internet. Amazon doesn't use it and that's quite some market.

It is up for debate if being identified as "the PayPal of the crypto world" would be negative or not to the image of Vericoin. Personally I don't believe it will be, as long as it is not PayPal dependent or perceived as PayPal dependent (vendors HATE the chargebacks PayPal is famous for), but others may have different opinions... and the devs the last word. Again, good thinking, thank you. These types of ideas are -or should be- what moves the project forward toward the mainstream.

You should not use BS. Ever. In public.

Here's the thing: Whenever there's a dump, some vociferous people will inevitably shout for the devs to come out and somehow make some magical announcement that would turn the wave on the opposite direction.

These devs not only speak often but actually speak too much. Between hangouts, twitter, (presumably) IRC, the other outlets and this forum, one has to think there's practically no time in the 24 hours to do any actual work, let alone planning, meeting etc, especially in the case of Patrick and Doug. And that doesn't include interviews with media or meetings with potential business associates/partners. It also produces emotional, hurried postings that, in many cases, are or can be quite detrimental to the progress of the project, making statements not carefully thought of and/or to rightfully written.

The shouts from the forums, obviously put unnecessary -if inevitable- pressure on them. And, perhaps -it seems it is what happens- making decisions that are counter to the path that VRC should pursue. Everyone seems to be willing to pay a premium in crypto for the latest version of anon. Still. It is ridiculous but it is a fact. So, all of a sudden, Doug announces that they are working on an anon feature when we have all been informed, many times over, that anon is not a priority for VRC. Like I said, it has all the looks of being something hurried to try and stop the dumping. And that would be very unnecessary and, again, counter productive in the long run.

I posted before that the devs must cater to the stake holders of the coin that are the ones that have and are and will continue supporting the project. Not the people that will shout every time there's a sell off. And they should talk much less and do much more. Not necessarily features, but planning,  preparing meetings, preparing interviews, devising strategies -which they should bring here so the stakeholders could debate them-, preparing (much better) the hang outs, etc.

You, and many -I'd venture a huge majority-, and me could care less about anonymity. As a matter of fact, you and me find it counterproductive for the image and final purpose of this coin. But I understand they feel pushed to implement it to try and revert the humongous dump... but lets go, again, to the dump: It isn't their  fault. It isn't a consequence of the rollback. It isn't anything that could or should be stopped. It just happened because, at this point in time, not many new money is coming in and many people that had heavy gains, sold to invest in some promising new coins. As simplke as that. But worse decline in terms of % of "loss" has been had in the same period of time by other coins not perceived as especially volatile, such as NAUT, PC or BC to mention only three of them. In those cases -and there will be others in the future- the devs should only say they know of no reason for the sell off and get back to work. That should be calming enough for the stakeholders. And some will panic and sell and some others will do the opposite. Rinse and repeat. It is a constant in crypto and it is not going to change much in the relatively near future.

Now, regarding your idea of VERIFICATION, I cannot possibly be more IN SUPPORT of it. It goes, totally, with the image and the philosophy Vericoin should stand for. Thank you for suggesting it and, hopefully, the majority of stakeholders will support it and the devs would decide to implement it yesterday.

Keep bringing them on, please.

You are quite wrong. It only proves that a total idiot put it up and a few more idiots actually voted. Neither is even a minimal representation of the VTRC community, you know, the one that has 10-13 million coins staking and another 4-6 millions long term parked in the exchanges. THEY are the VRC community and, as a norm, they don't participate in such idiocies.

The community doesn't participate in such idiocies. Idiots do.

The whole point is pretty much moot because those who have the wallet will already, presumably, be investors in VRC so they have already made their decision about the investment and they would be certainly quite capable of making their decisions about what is the forum that they want to read/participate in, so not much point in discussing this I believe.

And this is like giving matches to a pyromaniac.

Wow, wow, wow.

Well then you want to trust them if they tell you tomorrow that monkeys fly out of their asses because, and I repeat: They -specifically Nokster- have stated, right here, that they would delete posts that they don't like if they could. And people has been, and is, customarily abused and banned -_ am, for instance- on the IRC channel. So you can choose to trust whatever you want but reality is something entirely different from what you choose to trust. Already is, not anticipating things, ALREADY happened.

Yep, really. And yours too.

But learn to read. That your intentions may be transparent to anyone with a minimal capacity to think, don't mean some conspiracy theories necessarily. You can very well be -or smoothie can- one of the so-called "purists" that so happen to decide to attack VRC in the forums, with all kind of "rollback/Bernanke" shit. Who cares what you or Smoothie or whoever wants to convince themselves of. What you actually do is attack, out of sync and for the purpose of bringing the price down, VRC. And people, all people above the mental level of a 5 year old, see through that very easily and either adopt the position (ha!) or discard it with or without prejudice/ad hominens, etc. Clear now? It is all the same shit with different wrapping, yours is soaked in cheap parfum and made to order, but stinks just the same.

People with opinions (quite respectable) post them, if so compelled, one time. End of story. People who post those same opinions or variations of them again and again and again, while a coin experiments an unrelated sell off (want some examples of coins that have suffered more sell offs during the same period? I have a couple right off the top of my mind, so it is quite clear it is totally unrelated to the rollback), obviously have an agenda beyond the original point.

You do. Whether you want to admit it or not. Smoothie did, likewise. And so does, yes the surplus idiot.

What an exercise in plain, raw idiocy. I don't give two shits where you choose to put me in, idioty, but what are the rest of the people, imbeciles that don't know and cannot evaluate the postings of others and you have to make a stupid guide/list with a few handles, some if not most of them created for the sole purpose of attacking VRC?

Some levels of idiocy are difficult to even fathom. Wow.

The answer is very simple: The official forum is under the full control of the devs. And, in spite of THIS forum, they have made very clear that they want to censor the forum and the IRC. Sorry but a spade is a spade.

Furthermore, for anyone wanting to know stuff, good bad and ugly, about any coin, VRC included, these forums are not just the main but first entry gate.

These forums are successful, precisely for that. Any alternatives, are just for the purpose of control/censorship, there's no other reason no matter what the excuses are. But forget about ALL of this: They simply do not work. They are not good for the coin. A clear example? As much as I hate to mention such scammy one it is the more evident: Blackcoin.

You do NOT want to follow on their footsteps.

Look, one thing this dev team doesn't take well is criticism. They have been pretty candid and open about it too: They would eliminate the posts that they don't like. They have stated that -and done that on IRC-, right here. If they are given the opportunity, they will indeed censor the forum. And that is not good for a coin that set higher standards for honesty, transparency and integrity and that MUST keep on holding those standards at the maximum levels possible.

Furthermore, as we have very recently experienced -and continue experiencing- the posts of people like Bobsurplus, smoothie and others, especially those from the blackcoin carrion vultures fan club, etc., not only don't disturb the flow of exchange, vitality, dynamism and information that are signs of a coin which is alive and in contact with both the community and the new people coming into crypto, but actually help since their intentions/motivations are so transparent and the rest take them for what they are quite easily.

Or, the wiser ones, simply hit "ignore".

Who are we ?
     - A small team of miners/developers/traders and friends. We love community based projects. We love opensource software.[/i]

In other words: You are an anonymous group that one day decided to launch a "clean" coin... as opposed to joining already fully established CLEAN coins like PinkCoin, for example because, well, you would get in on it from the get go and, theoretically, you will benefit from it much mopre than simply buying and/or mining PC, -there are several other alternatives, of course-.

I won't even go into the blockchain and rich list because I don't think it is worth tghe waste of time. But who was the "genius" behind the 15% "interest" in POS? Of course this has about the same chances of survive a couple of weeks, much less a couple of years, as a frog growing hair, but has any of you used a simple calculator to determine the amount of Cleancoins that would be in the market by the end of year 2? Let me make it easy for you to calculate: you would
have over 1 million coins for an increase of 33%+. One year later? almost 54% total increase to 1,171,166... Exactly how you expect to to sustain such rate of inflation? Who cares, right?

 

I very strongly disagree. VRC should maintain the standard and never, ever, exercise any form of censorship, no matter what.

Nothing to be sorry about. Obviously I am disappointed with the PWP feature but that doesn't mean I don't support PinkCoin.

I am more than disappointed, actually flabbergasted with the inclusion in the dev team of Boxxa (such and idiotic individual that still believe I am IE), and still won't drop my support of this coin. At least for now.

I would lie -and I never do- if I'd say I am not overall disappointed by the lack of action in bringing PC to the mainstream either, and that's why I currently have no position in the coin, but the overall concept remains to me so great that I support it and will enter and continue trading it many times in the near future.