So should I re-post my warning posts from the first three and the last three pages or is everyone still hyping this clone ? ^^
If it makes you feel better just do it. You shouldn't ask people when you should troll. Real trolls don't listen to other people until you incite them. I just feel sorry for the folks who listened to the "hypers" as they were giving them a feeling this coin has anything special/new/good and talked the flaws/bugs/red flags away. No you don't, you want to rub it in their face. Fair enough though I've commended you for your trading spirit. You never posted the points. |
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So should I re-post my warning posts from the first three and the last three pages or is everyone still hyping this clone ? ^^
If it makes you feel better just do it. You shouldn't ask people when you should troll. Real trolls don't listen to other people until you incite them. |
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So at what point do I become right?
Idk, I'm holding some waiting for a random pump. It happens too often, lol. More than likely there will be a shakeout then mass exodus like usual. I usually never trade alts after the second day it's usually pain staking. I'm going to try to sell-off at a loss and then buy back cheaper, the 16 mark can easily be chopped to 11. And done. Now watch the network stake sink, and then you buy back. |
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So at what point do I become right?
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Soo wait a minute - why would someone need equipment to stake? Seems to me unnecessary. Also it doesn't take an economist to figure out with the inherently outrageous coming inflation keeping the price above levels that will make it profitable for the average investor seems to be a pipe dream.
(I mined some of these coins which is why I'm even here - but I don't like being surrounded by red flags)
My biggest concern is the wallet looks like a copy paste clone.(reminds me of flexible) I would update that immediately.
I think you need to reread the whole thread, and check your risk tolerance. According to devs, HTML5 wallet is in development, final stages. Often devs will launch with a known working clone wallet and update with uniqur features later once miners and early buyers have a captive investment with some expectation of value locked in. Damn right it's a copy paste clone-- of something that just works, for a smooth launch and mining process. 200% stake is a second phase of distribution trending toward maximum supply and intended to generate short term price support as the only way to acquire future XNAN is to buy current XNAN. Stake percentage was defined in the original announcement and should have factored in to your decision of whether or not to mine this coin. No equipment is required to stake. I don't know where you got that from, apart from a complete misunderstanding of the follow-up dev announcement about selling bitcoin mining hardware denominated purely in XNAN. Ok you're right, about the hardware.(my opinion)As for risk tolerance I sold what I mined already so that boat has sailed. But my point about inflation isn't about risk - but reality. Bitcoin has a $12-16 million dollar a day trading average and is in a long decline with only 16% inflation. Granted a million variables can't account for that but if this coin is anything like the other 99% Only a few people will hold them, and with that inflation the dumps will be epic. Where do you think the price should be right now out of curiousity. For the record I'm completely ambivalent to P&D I'm an investor, not a moral crusader. I'm a speculator, though I do care about crypto long-term too. I thought the same way as you about seemingly unsustainable stake inflation until I actually observed the marketplace and learned more about the staking process. I refused to mine Truckcoin when it came out-- it was the first coin with 200% PoS-- and missed out on a very easy chance to 15x-25x my speculation on a quick turnaround. More recently, I could have held Snowballs for a lot longer than I did, and that coin stakes at 5000% per year (not a typo). In terms of short-run economics, stake is simply supply distribution. It is not economically equivalent to compound interest because of coin age and time to stake: coins only earn stake when they've sat untransacted through stake age. Each transaction reduces the effective total inflation, short term. I have no opinion on where price should be, sorry. +1 +3 Thanks for answering my questions. |
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I like pumps as much as the next guy but I just like to ask others first before I sound like a total idiot. I would consider this organic but it seems to of started around the same time is the aero facelift.
Even BTC market isn't 100% organic , so take your conclusion  Yeah, you're right. I'm just going to buy low, and take it slow. |
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I hate to rain on anyone's parade here.
(Disclaimer)I haven't lost a dime on aero, I have actually made a considerable amount of btc compared to my investment. You can see my previous posts to see my spirit towards aero as a whole.
Anyone notice the not so subtle non-stop buying that has taken place in the past 5 days? Hell I would of figured they would of bought in the 1500 dip, but it's brought down daily around the 2300-2450-2500 mark. Just saying if you haven't bought in lower than 2500- and you're expecting the moon..... Might want to pay close attention.
I like pumps as much as the next guy but I just like to ask others first before I sound like a total idiot. I would consider this organic but it seems to of started around the same time is the aero facelift.
Going to be doing some research. Let me know what you guys think.
(Facts)
First pump that I'm referring to would of started on the 4th. But never came back down......
I since yesterday I now hold 0 aero but I believe the price to be too high right now without any sort of release or innovation.
Thank you for your honesty.I think that price of Aero is cheap ATM and smart ppl invest in good Dev not in coin.Aero is just a small boy ATM and he will grown up. Thanks for your reply. Out of curiousity what do you think the price of aero should be around. I'm looking to buy more at the 22-17 mark but I don't think it will happen again for a week or so. There hasn't been a single real dip in almost a week. Which is a very good sign in terms of momentum. Here's a picture for those just waking up showing the action - not a single sell.  |
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Soo wait a minute - why would someone need equipment to stake? Seems to me unnecessary. Also it doesn't take an economist to figure out with the inherently outrageous coming inflation keeping the price above levels that will make it profitable for the average investor seems to be a pipe dream.
(I mined some of these coins which is why I'm even here - but I don't like being surrounded by red flags)
My biggest concern is the wallet looks like a copy paste clone.(reminds me of flexible) I would update that immediately.
I think you need to reread the whole thread, and check your risk tolerance. According to devs, HTML5 wallet is in development, final stages. Often devs will launch with a known working clone wallet and update with uniqur features later once miners and early buyers have a captive investment with some expectation of value locked in. Damn right it's a copy paste clone-- of something that just works, for a smooth launch and mining process. 200% stake is a second phase of distribution trending toward maximum supply and intended to generate short term price support as the only way to acquire future XNAN is to buy current XNAN. Stake percentage was defined in the original announcement and should have factored in to your decision of whether or not to mine this coin. No equipment is required to stake. I don't know where you got that from, apart from a complete misunderstanding of the follow-up dev announcement about selling bitcoin mining hardware denominated purely in XNAN. Ok you're right, about the hardware.(my opinion)As for risk tolerance I sold what I mined already so that boat has sailed. But my point about inflation isn't about risk - but reality. Bitcoin has a $12-16 million dollar a day trading average and is in a long decline with only 16% inflation. Granted a million variables can't account for that but if this coin is anything like the other 99% Only a few people will hold them, and with that inflation the dumps will be epic. Where do you think the price should be right now out of curiousity. For the record I'm completely ambivalent to P&D I'm an investor, not a moral crusader. |
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Soo wait a minute - why would someone need equipment to stake? Seems to me unnecessary. Also it doesn't take an economist to figure out with the inherently outrageous coming inflation keeping the price above levels that will make it profitable for the average investor seems to be a pipe dream.
(I mined some of these coins which is why I'm even here - but I don't like being surrounded by red flags)
My biggest concern is the wallet looks like a copy paste clone.(reminds me of flexible) I would update that immediately.
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I hate to rain on anyone's parade here.
(Disclaimer)I haven't lost a dime on aero, I have actually made a considerable amount of btc compared to my investment. You can see my previous posts to see my spirit towards aero as a whole.
Anyone notice the not so subtle non-stop buying that has taken place in the past 5 days? Hell I would of figured they would of bought in the 1500 dip, but it's brought down daily around the 2300-2450-2500 mark. Just saying if you haven't bought in lower than 2500- and you're expecting the moon..... Might want to pay close attention.
I like pumps as much as the next guy but I just like to ask others first before I sound like a total idiot. I would consider this organic but it seems to of started around the same time is the aero facelift.
Going to be doing some research. Let me know what you guys think.
(Facts)
First pump that I'm referring to would of started on the 4th. But never came back down......
I since yesterday I now hold 0 aero but I believe the price to be too high right now without any sort of release or innovation.
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Love the refresh, and this coins performance is A+. I have question though.
When did the POS become 12%? I could of swore it was 10%.
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Great day for #AERO.
Indeed. The crypto gods have smiled on my fortune. |
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Hope you guys have been buying on the cheap 2.9 btc just hit 1350. We might of found a bottom. (NM looks like the person left. Either way I stand by the 1350 bottom)
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The first coin to have a feature where the biggest fuders fight the dev in real life like a spanish bull fight (for ever sat it goes up we hit them with poisoned blow darts), and we can bet on the winner is going to the moon - I say VRC step up to the plate - cement its position in history. Don't stand by the wayside as weedcoin version 4.20 integrate it first, and were all just eating loses because of the prolonged indecision.
Fuders = (not someone with an actual criticism to be beneficial)
A. Someone without a real complaint just trying to minipulate price on the basis of their financial position. Usually not winners, and normally late to criticize.
B. Some that's just a real jerk, and I believe giving to those that want, and in this case it's an ass-kicking. Everyone wins, fuder gets attention VRC wins another brawl, and we get to watch internet powerlifters get taken down one dart at a time.
(This post is not serious. Think of it as a thread bump, or it is serious, and you have assburgers. Sorry, cue the sad rusty trumbones)
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Any reason for to current drop in price ?
Yes, there is a reason. The market is disinterested and apathetic about VeriCoin. Apart from failures and disappointments the devs being delivering nothing for the market, consequently the price is low. When the VRC devs announce such irrational shambles like the decentralized cloud storage then the investors just say, oh dear, here we are again, another pathetic vericoin idea, and the investors put the money into more sensible ideas. Don't get me wrong, the VRC devs are very nice, talented and intelligent young men, but unfortunately their inexperience in business and the arrogance of youth prevent them to understand their target audience, business in general, incorporate good ideas and valuable suggestions from intelligent and experienced users like Barabbas, Monsieur Lupin, Kleineapp, etc. As most of their professional and life experience is from a PhD student lab, they just don't have the skills to perform this business (yet) and can't deliver a thing that worth any investments. That's the reality. That's why the price is 8k. What cheerleaders, fanboys says about how great Vericoin is irrelevant, the price speaks for itself. However, as the market disapproves basically everything that VRC delivers, the devs will be getting desperate soon (just like they were desperate not long time ago when James offered his deal and the devs being under pressure, mainly from us, and took that offer). Then, the devs will admit that the cloud storage, VeriBit, VeriSMS, VISA card and other delusional nonsenses is not valued by the market nor crypto currency users, and then they will start thinking about to deliver something that matters. I think in long term VRC will be fine, because the devs are intelligent enough to learn from their own mistake, but this unnecessary long chain of irrational ideas like the decentralized cloud storage could be certainly avoided by being more open minded and less arrogant. AltcoinUK, I appreciate your balanced approach to giving criticism here. Thanks. I do appreciate constructive criticism, it's what all people need to grow and change, it's just hard to hear when it's unbalanced and overly critical. Ultimately I am a scientist, I want as close to objectivity as possible. What do you think is our best move at this point? I wonder what it is you think would be a great addition to the technology. Also although I have over 5 years of full time C++ coding experience, I had never done an opensource github project before so I didn't understand all the github conventions when we started this coin. So ultimately it looked like a scam coin github, lol, because I didn't fork it properly and so on. I have since improved the github and have started adding updates to the protocol and have started a new phase of coding novel protocol updates. https://github.com/vericoin/vericoinBefore getting into the technicalities, in my opinion there is a bigger problem, your marketing and current theme. Your current message that VRC is better than BTC doesn't say anything for the mass, your target audience. If I would be you, I would push very strongly the theme that Barabbas has put forward here, the Bank vs. honest, pure digital currency message. Two young scientists offers alternatives to greedy and corrupt banks, it's a perfectly marketable theme, even people like me who don't speak English a great deal get that Banks vs. people friendly digital currency message immediately. As for in which area to progress, if James could collect 5 million $ and Ethereum was able to collect 25 million $ then one would think your transparent team - that terms of marketability is in a far better position than James and terms of marketability you are in the same league as the Ethereum team - is in a prime seat to be successful in this market. Still your coin is in a very bad shape. I fully understand you don't have the resource that Ethereum has, on the other hand James demonstrated that small scale operation and a clear and sensible idea could be successful even in this dried out market. In my opinion, pick up a blockchain 2 feature, something that can be incorporated into your blockchain. I fully get that's what you try to achieve with the decentralized storage, but that use case is not a good idea (see above your community tells it's why not a good idea). So what is the area to progress? In my opinion, either the decentralized marketplace or decentralized exchange, terms of software engineering both of them doable just like you can do the decentralized cloud storage. One thing is sure, you need to do something terms of software development to have a unique selling point and be more than one of the +500 BTC/LTC forks. I am sure you will figure out :-)) the main ingredients to success are consistency and not giving up, and scientists like yourself have those attributes. You know if you were 1/10th less arrogant about your "opinions" you might make it easier for the dev to understand. Even if I were to agree with you 100% you come off as an arrogant twat. I have no connections other than trading with this coin. Considering how well it has held up with the performance of many coins as of late VRC is still holding on. While manys coin took a dump in this past month VRC rallied, and is still holding 8-9k mark. It's not exemplary, but this coin in comparison vs other btc 2.0 coins this one has dredged a path whilst under serious competition, and than the "bailout" "roll-back" whatever you want to call it at least showed us the dev is all in wether what they did was wanted or not. One big red flag from your post is this - price doesn't dictate anything more than interest at this point.(Even then it's still speculation) If I understand you correctly you're equating the price with interest in the coin, and the consequence from lack of genuine innovation. So in other words if the price was 10x higher you wouldn't make a peep? My 2 cents for what it's worth. "I am sure you will figure out :-)) the main ingredients to success are consistency and not giving up, and scientists like yourself have those attributes." At least that portion was semi-nice. |
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I'm seeing 11btc on bittrex. WTF happened it was like I have been sitting on these for a couple of weeks bought a ton this morning - AND I HAVE NO REGRETS. Now this is pod racing.
You got more this morning? Duuude great timing haha xD To be honest I was mad about redd not moving and I'm sick as all hell - I thought it was going to end very badly. But i'll just keep that to myself. Redd moved to 14 this morning so I sold. I won't wait longer than 3-4 weeks. |
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I'm seeing 11btc on bittrex. WTF happened it was like I have been sitting on these for a couple of weeks bought a ton this morning - AND I HAVE NO REGRETS. Now this is pod racing.
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Would anyone be interested in still seeing this coin around?
Yes. |
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I will update the website with the new wallet files. Just out of curiosity, was this problem with the network the result of an attack or an error?
Ahh, just the guy.. beat me to it.. yep please update wallets.. and no nothing that exotic regarding security.. nothing of the sort.. Part of the problem was simply a missed checkpoint plus some other small parts And thank you Kuriso Awesome not only did the price not tank during this but when I turned my wallet back on I was staking 2999 in wieght with my total of 1500 coins. Patience, if not a virtue maybe a value. Thanks guys. |
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