Hi Doug,

Can you elaborate on this a bit more?  How is the 0.0001 btc / vrc paid back to the investor with a higher return?

EDIT: Ok, I re-read this a few times.  So you will need to get BTC addresses from the investors too, correct?  And if so, how will you associate the VRC amount invested with the BTC address?

the price is low not b/c of lack of development or the efforts of the current devs...

   it is low right now b/c for weeks now there has been a well coordinated effort to force the price down by more then one person for more then one reason... everything from ppl selling off to support their own/other coins to ppl being scared PoS might replace PoW...


Now on this Dev4 thing... I have voiced my opinion on the matter...

if that developer stops playing this stupid nobody can know my name while I demand an insane amount of coins game... my stance might change...

but to be honest I would not be surprised if that "developer" has also been apart of that effort to force vrc down.  

and I veri much have to agree with a post made on veritalk even tho that forum is apparently no more.

"if the devs are willing to negotiate with 500k to over a million vrc they should b working to make a deal with companies like apple to do things like work off the upcoming iphone 6 and its integrated digital wallet...

not striking deals with someone off of btctalk."

Hey Effects, Patrick, etc... Is that Dev4 thing still in play?  I figured the silence meant that things didn't work out.

Actually, we talk & text more than most people realize (inside joke). But actually being serious here for a second - we've met prior to this event. I have talk to him already in the past about vericoin and digital currencies as a whole. Being the Secretary of State he's been on top of the bitcoin story for some time now. He's a really sharp guy, knows his stuff and is very interested in integrating digital currencies in the commerce world.

We are continuing to work together to find new ways to help spread the word. Nothing happens over night, but yeah this is something I am constantly working on

::whistling innocently...::

Hey everyone!!

Thank you all again SO much for the VRC donations. We'll be taking tons of photos, hopefully some video - I'll be reporting in on VRCRadio (hopefully) throughout the day - and I'll report in here at the end of the night to let everyone know how things went. So far it's a sunny, beautiful day

barabbas, with my coffee in hand, I read your book on passion  

I was onboard with you when you wish for the world to practice tennis - let me rephrase that " I wish that the majority of people in the world would get active playing sports." it would lessen the stress we have which in turns creates cranky, moody, sick, sad, angry beings. * my opinion at least.

Sadly, it will not be Tennis, people need a simple sport that requires little or no equipment: Running

I am athletic and love to wake up at 7am & work out, for 2 years now i started a running club (started when my wife ran a half marathon in NY ) here I was filled with passion more like ego   I gotta keep up with her - She did not just wake up one day and was able to do it, it took time, effort, drive, dedication as you put it: passion. There were times we had doubts, but kept pushing.

Whatever it was that she was doing, it was contagious - I later decided to join her on her runs, at first it was hard...really hard. Then amazingly enough the human body adapts. stronger, faster now to a point where joy kicks in. Nothing like running in Central park, music blasting away.. * runner's high rant  

Apply that same energy to your work, your craft, your investment, work at it. Not saying it will be easy, not saying you will not fail at times. But if you keep at it, You will get better. Learn from mistakes, adapt, grow.

Whomever created Bitcoin put in a ton of hours, likewise the devs of Vericoin have put in a ton as well. Nothing comes easy in life, not even for super star athletes like the ones you mentioned - What you see on the courts or field is the result of passion.Years of practice, weight lifting, crying at night, having friends and community support them.  Take Venus and Serena Williams, or Usain Bolt, Michael Jordan. All have failed at some point, yet they kept going.

No matter who put them down, no matter who told them they would not make it, no matter how many times they got hurt.

Same with Vericoin, it is not easy now, it is no walk in the park to develop, promote a coin. Step by step, passionate and dedicated devs and community...we will get there.

Handouts for MN State Fair coming up on 8/30/14.

Prediction: Dev4 is David Zimbeck who will bring BlackHalo to Vericoin.

Who else is there it could be? Peter Todd offers consulting at $50 an hour?

If you bring him or a new developer there will be full disclosure of who he is?? He will not be the wizard of Oz??

I will start with a few key points, I could go into detail on many of these issues, but I will try touch on points without going into depth to much at this time.


I think VeriCoin started to go wrong months ago when the game plan was hatched on these forums to gain interest in VeriCoin. If my research at the time was correct the push came for price movement, over core development. At this point is when we started talking about "who is dev 3" roadmaps, and other things generally building a high level of speculation into the coin.

Now, for "x" reason this coin couldn't stop going up for a little over a week, and it was all based on upcoming events, and not released products. At this point. The market gave VeriCoin credibility, You, and the other 2 developers offered something refreshing to many investors, a look into who you where as a person. The market rewarded VeriCoin for what it stood for, and where it was going. Many of us felt the team was honest, and has integrity. Which I feel is 100% accurate today, and why I think this coin can be a winner under proper leadership and guidance.

At this point, IMO. Time seems to verify that we became the target of the get rich quick crowd at our own doing. They quickly realized that you offered something unique and valuable in crypto. A capable team putting out great releases, with the credibility to match. You can see it all to clearly that this coin was manipulated by outsiders, some of which gained the trust of developers, and through that trust, gained the trust of many community members, who they in turn took advantage of for fast profits.

I think at this point, our best bet, as a coin is to say what vericoin is. and what it isn't. A nod to what barb said and that we need to be the good guys, its the only unique feature you may even have in crypto, with first mover advantage, and a incident with MP that didn't kill the coin. If harnessing that energy properly it may be able to propel VeriCoin back to great heights.

To do this I would suggest taking down future roadmaps, getting rid of roadmaps alltogether. Work on more personable pages for the team, for the extended team as well. Figure out a vision of where VeriCoin is in the future, how its successful, and how it gets there.

What do you want the vericoin culture to look like years from now? Start getting those pieces in place. If the community is this strong with 3 devs, and some loosely affiliated community helpers, imagine what a coordinated suite of capable team members would do to confidence in the coin? What about pushing VeriLeaders to be public representatives available through skype and other avenues, I would do it, more than willing. What about helping out all of crypto, instead of carving out a niche. "The good guys" Right? We can support coins and services. Rather than compete. If we cannot put out a better product, by leaps and bounds, let others waste precious time and resources, while we figure out where we can add value to virtual currencies. Making second rate products, making to many products, and leaving things half done will never bring us advantages over coin "x"

VeriCoin needs to streamline what it is. Things that are done, need to be done well from the community projects, to developer projects. Communication during times of significance like this between key investors, and product/service leaders is key to being successful. We can create value that we may have overlooked before being complacent in good times. Now we know that promising things, for the sake of keeping momentum is not the way to go about things.

IMO, we should try a strategy related more closely with finding a vision for vericoin, and putting pieces in place to grow our vision. Do it with the same positive attitude, and integrity that you, and the team have shown through this process and IMO VeriCoin will be rewarded.



I Hope we can start bringing some more sense to what vericoin was, and is. So we can refocus our energy on what will make vericoin overtake bitcoin. We won't beat bitcoin in any technological race, give up that now. You need to beat bitcoin the only way it can be beat, and its a outside chance. We need to be the first to welcome regulation and a face for people to invest in.



Think Winklevoss twins and the upcoming Virtual Currency ETF. We have 6-18 months to make a impact on the only 2 people that matter IMO in crypto right now for us. We have developers in NJ, they are in NY. We are honest, and they will need to diversify. Think how many coins will not meet requirements for that ETF. We need to be one of the coins positioning for this. Take the good guy approach, get us to be the first regulated virtual currency and investors will be rewarded in the end.


If you want me to be more specific in regards to a question Doug, please respond here, or in PM if you wish to discuss this further there.

I see ... so go back to the non-constructive discussion and not talking about your own question about the features, my answer about the white paper, right, and you aren't trolling?

But since you asked it, let me write here again, what I said here not long time ago by answering Pnosker's very similar question. I did not buy into your coin being excited about Veribit, VeriSMS and Verisend. I bought it just like many hundred investors because of your academic background, that you pulled out the transparency card which was obviously unique at the time in altcoin and most importantly because we assumed your academic background indicates skills, software development experience so you an compile a QT wallet, flexibility, you are able to deal with the problems you face during such project and adaptability when you need to change direction. We assumed the very skill set that would be necessary precisely these days, when your theme fails and the market don't value at all your direction. You presented your CV and skills, and we bought in trusting you will be able to pull off this project, because you are a level headed professional, you won't be arrogant and you won't be attached to your not working ideas such as Veribit, Verisend and VeriSMS, the features that have 6 users combines worldwide.

Now, let me know your answer about the white paper, when it will be released?

Sorry Doug but no, you do not get it. That's why this approach, although I appreciate it, is futile. The Windows wallet still doesn't work properly so what is the  point in denying it? I don't understand. The multi-pool is a mess --- and not even counting the "efficiency" of that algo that determines when to buy at the best price. These are basic things for many people heavily invested in Vericoin. They may not be vocal, but their actions speak louder than any words. Once again, no solution is possible, even to this simple but very important problems, without previous acknowledgement that the problems DO exist.

I understand they are your children, and we all know how we are about our children, ok? But neither Veribit nor Verisms serve any practical purpose. You insist in not acknowledging it but everyone knows it and has already reacted to it. Verisms, if offered, has to be at a level of usefulness that is very far from current usability. Just copy boxxa and get done with it. At least would be a bit more usable for the dozen, altogether, people that they will use it worldwide. We can talk and be civil about this for hours, days, weeks or months and reality will not change the facts. Hopefully it will change your absurd defense of the utopy that they represent.

And, clearly, state that we are not aiming in any near or even mid term, to either aunt Emma or Joe Sixpack. We are aiming at the active population worldwide:18-50. Computer savvy, learned and active. With finances to protect and further. Which have reasons, everyday reasons, to hate banks and credit cards. We are not going to give them any more plastic, any more intermediaries... if we give them a card (and we should have done this so many weeks ago already) it will have a VRC wallet in it and they will pay no fees, OK?

Finally, when I say ENGAGE the community and LISTEN to it. I am not talking listening to the cheerleaders without any knowledge or experience. That's the opposite of positive. You have a "community marketing team"... who is in it? a designer that cannot get a job designing, a coinmaker that knows nothing or anything, a guy with experience in marketing -maybe- whose ideas are suited for corporations and products that have nothing to do with the dynamism and immediacy of the crypto world, the one that requires a "solid plan". What is a "solid plan" in his mind, have you asked? There's no "solid plan" that doesn't require LOADS of money to carry out. Do we have it? No Then, the whole idea of the "solid plan" is yet another pipe dream. Should the lack of this utopic "solid plan" put an end to carry out a non-solid plan based on immediate resources available? Well you, specifically, did.

Anyway, like I have posted so many times, it is running in circles. Unfortunately.

I know you mean well, you are just not willing to admit that your children are neither the most beautiful nor the most talented of the school. Which is human, albeit shortsighted. And, letting the metaphor aside, quite damaging for Vericoin.

I have discussed that with Pnosker and other why Vericoin can't be the next Bitcoin a few days back - let me not repeat myself again and again.

The only coin I am not day traded so far is vercioin, so it is not about day trading.

There are no "solid development releases" from vericoin. There are no development at all. (The Veribit, Verisend and VeriSMS don't count because they are useless, lame ideas)