Something needs to happen here.
I agree. Virtual Coin needs a website. |
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There are some nice logos being made but honestly just having an "L" looks too much like litecoins logo. I actually like the original logo, maybe instead of saying lgc, it should say logic in a smaller font size. Just a thought.
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Nice new logo Dev, it kills the old one. Hashcoin looks like it's picking up interest. Good luck!
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Wasted my time on the Summercoin launch today. So angry. Wasted 6+ hours of VC mining time. I'm back now and the nethash is up. Nice
Welcome back. You probably lost a couple BTC worth of virtual coins during those hours. lol. Diff is going up. |
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Virtual Coin is on roll, no issues since last week upgrade to version 9.1.6 & noticed difficulty & hashrate is picking up speed. I am glad I am mining now, or by next week payout will be very low.
Yup, everything is smooth now. I'm mining as many Virtual Coins as I can before this X11's best kept secret gets out! |
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You really think a "space" between facebook and coin makes it ok? Check this link: http://tmsearch.uspto.gov/bin/gate.exe?f=searchss&state=4810:avl498.1.1Then type in "facebook" All of the requests for a trademark with any variation of "facebook" in it has been rejected. You can't just open a shoe store and call it facebookshoes or facebook shoes. Also, you'd be smart not to mess with a company that can buy out your whole family plus more. Considering you have a facebook page for your coin. They already know who you are. You're just asking for trouble. |
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Looks like wallet is stuck again.  |
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I just emailed Poloniex exchange about adding this coin. I'd like to see it hit a medium sized exchange for some growth. If anyone has an in to any particular exchange Poloniex, Bittrex, AllCrypt please send them a request for Virtualcoin. I think the way the dev is active and solved all of the forking problems is a great story for the coin. X11 and no premine don't hurt either  Virtualcoin needs to get on an active exchange. VC is X11's best kept secret. Low quantity coin, Dev that knows his stuff and no premine/IPO. Just a matter of time before the word gets out, so just keep mining. |
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I'm all sync'd up also and have been mining for over 5 hours and still haven't gotten any FATEs. Anyone getting blocks?
I tried for an hour or two yesterday and no blocks either. I have hit a couple of blocks now but they are taking forever to get confirmed. Mining FATE is extremely difficult now. Not sure what is going on since the difficulty doesn't change. |
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Hi Dev,
I noticed the block reward is at 20VC now. Is that the minimum or will it drop back down to 5? Thanks.
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I'm all sync'd up also and have been mining for over 5 hours and still haven't gotten any FATEs. Anyone getting blocks?
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Hi Dev,
I noticed the 2x block reward has been reduced from block 40,000 to 6,000. Is this correct? If so, great move.
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Hi,
any updates for the sourcecode on github?
I was asked to create a faucet, however I need a working (compiling) sourcecode for this.
Thanks,
Altcoinfaucet.net
any updates at all would be nice, dev been online a few times but nothing. Yeah, not sure what's going on. Has anyone been able to mine fatecoin lately? Starting to make me wonder if only the devs have a working wallet right now. |
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Official statement about IPO We have extended IPO for another week. It wasn't done for money or because we want to be rich. We aim to increase the value of this coin, to give an hope to every Italian. We will give a bonus to initial investitors. This bonus will be taken from premine dedicated to developers and bounties. Thank you for your cooperation. You can view your bonus here: http://1drv.ms/1ef19OS(Side note: Happy Easter!) Hello. Please include exact dates in this statement. Another week can be April 27th but on your OP it says April 25th. Also, is this bonus for all investors who invest before the deadline or only for the ones that are currently on the list? and those current bonuses will change and lower when more investors hop on board correct or are they locked in? Thank you and good luck. |
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Why is this coin having so many issues?
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Why I remember you were saying the IPO would be ended on 18th Apr?
Absolutely right. But investors started to invest on IPO only 4 days ago. IPO Will be extended for another week
That is unfair to previous investors, kinda cheating. How many btc do you intend to raise. Maybe you will extend for another week? Just see the ipo excel file. First investment started 3 days ago. It's only 1 week, in order to increase the value of coin and pay some extra service like exchange etc.. The only reason you saw IPO coming in 4 days ago was because people saw the benefits of gambling a small amount of BTC for potentially large amounts of useless Lira. Now if you say more more time is required, it basically means less Lira for the investors. I too will want to take my investment out if too many new investors are putting in money. The whole theory about the IPO amount deciding the rates is BS. Within a few days, it would be the cost of mining (rig rentals, BTC/MH/day for other coins etc) that will balance the rates out. You dont just move the finish line of a race while the people are running. Thank you for your feedback. Maybe one week is too much. We are considering every possibility. What if we will give a bounty to the first investors? (And much less to developers). A reward for first believers I think now that you've extended things you shouldn't change it anymore. Just put out a new IPO end date and stick with it. Yes, putting in additional shares for the IPO will help, but do not only allocate those shares to the first investors, that will discourage new investors. Keep it equal but stick with your new date regardless of how many or little BTC's you bring in. |
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Is http://vc.altmine.net making payouts? I was being paid, but in the last ~2 hours nothing. And I can see block were found... Anyone else having problems ? Yes, I am having the same problem. Last time being paid was over 2 hours ago and we've hit quite a few blocks since then. Not sure what's going on. Hope we get all of our shares soon. |
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You can't just declare a set value for the coin, that's pretty stupid.
So he declares 5m GPUC for a 270. The market rate is 1 satoshi. He gets .05btc for the gpuc. Really dude? That's your plan?
You have to let market set the value. If they would've used a better pricing algorithm and held a buffer of BTC to help get things started, and take a small hit at the outset to get the market flowing.. it would've been better. Not saying it would've kept things alive, but it would help.
Again, file this under lack of business acumen and failing to heed great advice from several folks who were willing to make his business into something great. He killed it, nobody else.
I mentioned to set the price of the GPU's before the store opens. Here is my original message on March 13th https://bitcointalk.org/index.php?topic=469887.msg5674580#msg5674580 If he sets the price BEFORE the store even opens and before anyone has a single GPUC. Why would anyone sell the GPUC for 1 satoshi? The only coins that you need to let the market set it's value are coins that have no physical use. You can't buy anything with it and they are pretty much useless until someone creates a store/service for it. GPUC however was intended to be used to purchase GPU's. So what's wrong with setting the price? |
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 I think it's time for James to step down as CEO. CEO HAHA use that title loosely More like a guy that puts sticker on boxes.. He has been incompetent from the launch of this coin or the 4th launch.. He will not speak to anyone will not post. O wait he did post over a week ago to yell at us that he has real world problems going on. Well that was over a week ago and still nothing from him. From bittrex.com SUM (BTC) TOTAL (BTC) SIZE (GPUC) BID (BTC) 0.0619 0.0619 3096225.00000000 0.00000002 0.3720 0.3100 31005000.00000000 0.00000001 I suggest anybody mining gpu or buy. DON'T you will lose your money and time.Guarantee his company will go bankrupt. And do not worry about him losing money we gave him over $40K in BTC.  Now I will be attacked by his cheerleaders but they know it's true.. The ignorant CEO killed this coin not me.. Business plan is a failure. That sucks. A better plan was to sell the GPU for a fixed price, for example 5 million GPU per card. Therefore, the GPUcoin will have a standard then price will go up to match the value for the coin. POW for a business is bad. Because multipool miners don't hold, they only dump. Yup. I was saying that even before the store opened, but no. He was determined to have the market control the price. Do you think people would sell their GPUC's cheap if they know they can turn around and trade it in for a GPU for a much better price? Only if he'd set the price of the 280x to 1million GPUC or less. Every IPO would have made a decent amount and once the price is fixed, he would have time to sell his GPUC in order to get the 2nd batch going. I bet he's still holding onto the original coins from the 1st batch since the price dropped like crazy after a day or so. He would of been selling them at a lost. The CEO is incompetent. He pretty much hired a great team to promote, develop and create a website/store for him while paying them worthless coins. I bet everyone on the team has still made a cent profit on this coin. The CEO however will always have a profit since he started with $0 and if no one buys his GPU's since it now over 28 million GPUCs, he can always turn around and sell it on Ebay or something. I vote for the team to takeover this coin if they like to. I know they have invested way too much time already. |
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