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Jumping in with multipool issue. I personally voted for adding 1 week to the block maturation. But looking at the exit-poll - majority prefers no changes! WTF, multipool owners overvote the Vertans? Another thing - are there only 95 VertVoters (according to 2014, July 25)? Majority prefers no change  ? Are you kidding? 26 votes for no change but 70 votes for a change ! |
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i don't care about block halving or anything else... devs don't want to change anything right now and the coin is dying, but at least i am out. i hope you enjoyed my coins  Thank you |
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Changing anything on Vertcoin - other than scrypt-n diff to eject asics - will result in a loss of trust in the coin.
And yes, i am a miner.
And yes, i am selling some of my coins to pay my bills.
Why? Simple!
I have no big financial background to live from and have to feed my family and pay my bills.
If there is anything changed on the coin with any other target than to get ridd of asics, i'll quit mining VTC.
If the "investors" can't handle it, well, get out of VTC and buy and sell other coins.
But i am pretty sure, most of us miners will just quit VTC and change to another coin if the devs would play with blockreward or anything just to push the price a bit.
And guess what a coin without miners is...
God clueless answers like this tilt me to no end. As you say you are a miner and you sell your VTC to whom do you think ? Saying to potential buyer to "fuck off" is a good plan to bust this coin. You don't care about the coin you only care about ROI. And just FYI, VTC is no longer profitable to mine so I don't know what bills you are paying now but if this trend keeps up, well you know. Yes... i am just a clueless miner and that's the reason i am mining VTC and not DRK or anything else...  I am not saying "fuck off" to potential buyers, i say "shut up" and "stop being greedy" to self-appointed "investors" and "crypto gurus". And just FYI, if VTC would be no longer profitable for me, i would mine on for another 1-2 month and put away my VTC and will just wait till it is profitable again. And my bills are getting payed not only from VTC you know... its called "work", you should try it out some day... In my realm VTC is called "future investment" because fiat is just a deadend. Any coin with asics/fpga is just for the big money to make even more money. VTC is the best opportunity for a down-market to get accepted. Golden rule #1: Never gamble with money you need for a reasonable subsistence! If you mess with rule No. 1 you deserve a swift kick to your nuts! Golden rule #2: Greed eats brain! Amen to that brother ! Anyway, only 3 guys want to halve the block reward: Mig, Jiggy and Darkota Only 3 fuckers...but they make a lot of noise because they fear for their investment. Poor babies, i'm gonna cwyyyy. Seriously, guys, grow some balls, it's ridiculous to compromise the coin just for you to get back your investment quickly. Stop it. Its not just 3 people. This thread is not the be all end all. Only 7-10 post here regularly. The discussion is going on in other places too. Of course there are more than 3 people. But those particular 3 are nasty as fuck, they are pests. No arguments, nothing but name calling. |
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The only way we could consider halving is if we gave lots of advanced notice of the updated halving schedule. Something like halve after one year + go to smooth scaling block reward. Even that seems shady though. Faster halving won't help if there is still no demand for the coin.
The only way to even consider halving would be to be sure that it would help the coin long term and not just result in a pump. And, there are no proofs of that. On the contrary, coins that did this had a pump then dived. The only real answer is DEMAND ! As I stated before, price is not made by the block reward but by offer and demand ! Even if we halve, if there's no demand, the price will dive even more. The only thing we can do for now is to advertise...but right now is a bad time for cryptos. Every coin is diving, not only VTC. We must advertise actively and wait for the general atmosphere in cryptos to be a little better. Also, summer is always a low period for cryptos. |
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Changing anything on Vertcoin - other than scrypt-n diff to eject asics - will result in a loss of trust in the coin.
And yes, i am a miner.
And yes, i am selling some of my coins to pay my bills.
Why? Simple!
I have no big financial background to live from and have to feed my family and pay my bills.
If there is anything changed on the coin with any other target than to get ridd of asics, i'll quit mining VTC.
If the "investors" can't handle it, well, get out of VTC and buy and sell other coins.
But i am pretty sure, most of us miners will just quit VTC and change to another coin if the devs would play with blockreward or anything just to push the price a bit.
And guess what a coin without miners is...
God clueless answers like this tilt me to no end. As you say you are a miner and you sell your VTC to whom do you think ? Saying to potential buyer to "fuck off" is a good plan to bust this coin. You don't care about the coin you only care about ROI. And just FYI, VTC is no longer profitable to mine so I don't know what bills you are paying now but if this trend keeps up, well you know. Yes... i am just a clueless miner and that's the reason i am mining VTC and not DRK or anything else... I am not saying "fuck off" to potential buyers, i say "shut up" and "stop being greedy" to self-appointed "investors" and "crypto gurus". And just FYI, if VTC would be no longer profitable for me, i would mine on for another 1-2 month and put away my VTC and will just wait till it is profitable again. And my bills are getting payed not only from VTC you know... its called "work", you should try it out some day... In my realm VTC is called "future investment" because fiat is just a deadend. Any coin with asics/fpga is just for the big money to make even more money. VTC is the best opportunity for a down-market to get accepted. Golden rule #1: Never gamble with money you need for a reasonable subsistence! If you mess with rule No. 1 you deserve a swift kick to your nuts! Golden rule #2: Greed eats brain! Amen to that brother ! Anyway, only 3 guys want to halve the block reward: Mig, Jiggy and Darkota Only 3 fuckers...but they make a lot of noise because they fear for their investment. Poor babies, i'm gonna cwyyyy. Seriously, guys, grow some balls, it's ridiculous to compromise the coin just for you to get back your investment quickly. |
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maybe some people will draw conclusions and will change their opinions
After arguing with them, i don't think they will change their mind, nor consider the possibility of changing their mind. Those guys are hermetic to any form of logic. Everytime you try to demonstrate that the solution they propose may not work as they think, they change the subjet/call you names. In all of their posts, the only thing they are able to tell is: ''too many coins are mined everyday, we have to change the block reward''. But they are unable to explain why the number of mined coin is the problem (IMO the problem comes from general lack of interest in cryptos and therefore lack of buy pressure), also they can't explain why the block reward halving will do any good (IMO, it will create a small pump that will enable people to dump even more, then the price will fall again and the coin will have lost all credibility as the halving will be seen as a failed attempt to artificially manipulate the coin price). IMO, those guys are either professional trolls, teenagers, or just brain dead. Either way arguing with them is a waste of time as they do not try to answer to your legitimate questions and just repeat over and over what they have already said a million time. edit: after a quick search, it seems that our beloved darkota is not a newbie when it comes to spreading FUD and being a dumbass: https://bitcointalk.org/index.php?topic=668484.msg7555460#msg7555460 (LTC) , https://bitcointalk.org/index.php?topic=661963.0 (LTC), https://bitcointa.lk/threads/doge-game-over.334704/page-2 (DOGE)
P.S
We need something much more clever and spectacular to attract the attention of all miners and investors
I totally agree, and I trust the dev team, they have already proven their hability to come up with innovative things. |
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Crypto_EX and WHaze,
The poll will not be used to determine whether the rewards will be changed or not. Bitcointalk's poll is known to be skewed.
Yes we know, fortunately darkota does not have that kind of powers..... But still...... |
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Whaze, you are NOT allowed in that thread.
Right, the only people allowed are the one who are going to vote for the block halving..... Seems fair to me ..... i can't even vote he must have banned me from voting or something this guy is kinda funny i had a good laugh today specially with all the i'm the crypto god and you are just a punch of noobs i got 112 posts haha Indeed, if you ban those who will vote against you, you're sure to win. Democracy in action  Seriously, to act like that he must be 12 or just retarded. |
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Whaze, you are NOT allowed in that thread.
Right, the only people allowed are the one who are going to vote for the block halving..... Seems fair to me ..... |
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LOL, you deleted my comment on your poll? man that's really low, even for you For the record, I said that the presentation of the poll was biased. You could at least try to be impartial when you make a poll..... |
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I'm done answering to stupid newbies on this thread.
All I can say is, the halving isnt changed very verys soon, this coin is dead.
It won't, so GET OUT NOW !!!! Also, you didn't answer to anything, you just claimed to be a god because you had 112 activity and claimed that we were newbies. Would you like to make a bet, idiot? I'll get an escrow. Bet is 5 bitcoin. I'll be that Vertcoin's price hits .0001 within the next 3 weeks. It's complete fucking imbeciles like you WHaze, that make coins die. Open your mind, and youll that 20,000 vertcoin getting dumped on the exchanges everyday is whats causing the price to drop faster than a stone. Man i'm begining to think you can't even read..... As I said before, i do think we have a problem and I know the price is dropping. All i'm saying being : i'm not convinced that the amount of new mined coins is causing the price drop and i'm not convinced that halving the block reward will help. LEARN TO READ ! Also, how halving the block reward will reduce the number of coins being dumped? There will be less coins but according to you they'll be worth more ! So it would be the same. Like I said before, your logic is flawed. Once again, the price is not driven by the block reward but by the buyers and sellers. Dude really? You're not convinced that new coins being mined and sold with no buy pressure causes the price to drop? Are you serious??? Lowering the block reward would mean less coins being mined and dumped every day. So there would not need to be as much buy pressure to just keep the price STABLE let alone go up. DEVS - PLEASE LOWER THE BLOCK REWARD! Lets take a poll, and please post the amount of VTC you currently own. I have 5000 VTC, and I vote- LOWER THE BLOCK REWARD, NOW If the sell pressure is the only thing that drives the price down (it's not...), we should focus on increasing the buying demand, not halving the block reward. Manipulating the price isn't a good thing, it may work for a while but not for long and people will lose faith in the coin. Also, if the halving increase the price, less coins will be sold but we will need a higher buy pressure to buy those coins. IMO it would be exactly the same ! Let's try to dumb it up a bit: -20 000 new coins are mined every day (let's assume they are dumped), if the coin is at 1$, the buy pressure must be at least 20 000$ if we halve the block reward (50%) and it leads to an increase of the price -10 000 new coins are mined every day (let's assume they are dumped), if the coin is at 2$, the buy pressure must be at least 20 000$ ! exactly the same ! |
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Yes and according to some it could be fixed by halving the block reward. Why it won't work: 2 hypothesis (for the demonstration we will assume that the price drop is caused by the amount of coins being dumped) *The halving increase the price -Less coins will be mined, but those coins will be worth more --> No effect at all, the dumping of the newly mined coins will make the price drop like it is doing now *The halving doesn't increase the price -Less coins will be mined but the price will remain stable --> mining will no longer be profitable for anyone and the coin will die. |
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I'm done answering to stupid newbies on this thread.
All I can say is, the halving isnt changed very verys soon, this coin is dead.
It won't, so GET OUT NOW !!!! Also, you didn't answer to anything, you just claimed to be a god because you had 112 activity and claimed that we were newbies. Would you like to make a bet, idiot? I'll get an escrow. Bet is 5 bitcoin. I'll be that Vertcoin's price hits .0001 within the next 3 weeks. It's complete fucking imbeciles like you WHaze, that make coins die. Open your mind, and youll that 20,000 vertcoin getting dumped on the exchanges everyday is whats causing the price to drop faster than a stone. Man i'm begining to think you can't even read..... As I said before, i do think we have a problem and I know the price is dropping. All i'm saying being : i'm not convinced that the amount of new mined coins is causing the price drop and i'm not convinced that halving the block reward will help. LEARN TO READ ! Also, how halving the block reward will reduce the number of coins being dumped? There will be less coins but according to you they'll be worth more ! So it would be the same. Once again, the price is not driven by the block reward but by the buyers and sellers. Would you like to make a bet, idiot? I'll get an escrow. Bet is 5 bitcoin. I'll be that Vertcoin's price hits .0001 within the next 3 weeks. Chicken? Also, how halving the block reward will reduce the number of coins being dumped?- That quote shows how you know nothing about cryptos/mining..20k vtc are mined per day and a lot are dumped from thta 20k, if the reward was cut to say 2k vtc mined per day, then A LOT LESS would be dumped because only 2k vtc are being mined per day. Man, you are full of shit. Didn't you read my previous post ou weren't you able to understand it? Less coins will be dumped but those coins will be worth more, so it would be the same, exactly the same !The real challenge is all about getting vertcoin some publicity.
Less coins will be dumped but those coins will be worth more, so it would be the same, exactly the same -WHazeThat, MAKES, NO, FUCKING, SENSE. If it's worth more because the block halved, then how the HELL IS THAT A BAD THING! GOD YOUR SO DAMN DUMB.
Reading your posts hurts me....it just hurts. Please just leave.I don't think halving will increase the price for a long time. I was just trying to follow your arguments. |
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I'm done answering to stupid newbies on this thread.
All I can say is, the halving isnt changed very verys soon, this coin is dead.
It won't, so GET OUT NOW !!!! Also, you didn't answer to anything, you just claimed to be a god because you had 112 activity and claimed that we were newbies. Would you like to make a bet, idiot? I'll get an escrow. Bet is 5 bitcoin. I'll be that Vertcoin's price hits .0001 within the next 3 weeks. It's complete fucking imbeciles like you WHaze, that make coins die. Open your mind, and youll that 20,000 vertcoin getting dumped on the exchanges everyday is whats causing the price to drop faster than a stone. Man i'm begining to think you can't even read..... As I said before, i do think we have a problem and I know the price is dropping. All i'm saying being : i'm not convinced that the amount of new mined coins is causing the price drop and i'm not convinced that halving the block reward will help. LEARN TO READ ! Also, how halving the block reward will reduce the number of coins being dumped? There will be less coins but according to you they'll be worth more ! So it would be the same. Once again, the price is not driven by the block reward but by the buyers and sellers. Would you like to make a bet, idiot? I'll get an escrow. Bet is 5 bitcoin. I'll be that Vertcoin's price hits .0001 within the next 3 weeks. Chicken? Also, how halving the block reward will reduce the number of coins being dumped?- That quote shows how you know nothing about cryptos/mining..20k vtc are mined per day and a lot are dumped from thta 20k, if the reward was cut to say 2k vtc mined per day, then A LOT LESS would be dumped because only 2k vtc are being mined per day. Man, you are full of shit. Didn't you read my previous post or weren't you able to understand it? Less coins will be dumped but those coins will be worth more, so it would be the same, exactly the same ! The real challenge is all about getting vertcoin some publicity. |
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I'm done answering to stupid newbies on this thread.
All I can say is, the halving isnt changed very verys soon, this coin is dead.
It won't, so GET OUT NOW !!!! Also, you didn't answer to anything, you just claimed to be a god because you had 112 activity and claimed that we were newbies. Would you like to make a bet, idiot? I'll get an escrow. Bet is 5 bitcoin. I'll be that Vertcoin's price hits .0001 within the next 3 weeks. It's complete fucking imbeciles like you WHaze, that make coins die. Open your mind, and youll that 20,000 vertcoin getting dumped on the exchanges everyday is whats causing the price to drop faster than a stone. Man i'm begining to think you can't even read..... As I said before, i do think we have a problem and I know the price is dropping. All i'm saying being : i'm not convinced that the amount of new mined coins is causing the price drop and i'm not convinced that halving the block reward will help. LEARN TO READ ! Also, how halving the block reward will reduce the number of coins being dumped? There will be less coins but according to you they'll be worth more ! So it would be the same. Like I said before, your logic is flawed. Once again, the price is not driven by the block reward but by the buyers and sellers. |
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I'm done answering to stupid newbies on this thread.
All I can say is, the halving isnt changed very verys soon, this coin is dead.
It won't, so GET OUT NOW !!!! Also, you didn't answer to anything, you just claimed to be a god because you had 112 activity and claimed that we were newbies. |
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One more bump =)
If there is no new post at the link I provided, then something does not add up. Those who are wanting the rewards reduced and are truely vertcoin supporters, why not voice your opinion over there? That is what it was meant for! The development team are over and is easier for you to communicate with them, rather than going back and forth with members. Why? because on reddit they don't have 120 posts and therefore they are noobs..... |
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Anyway, why are you (Jiggy and darkota) still here?
Many people including the devs have stated that halving was a bad idea and will not happen.
So, according to your know-it-all powers you should predict the death of VTC in the near future.
If so, why don't you get out when you still can?
If you are so damn sure to know the truth, accept your losses and get out now.
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Maybe halving it is not 100% right thing to do but is necessary for our survival. We need to evolve. Market situation changed and we need to adapt to new circumstances.
I do not agree. halving is far from necessary, all cryptos have been going down lately, halving may help for a few days but after that the price will fall again and we'll have lost faith in the coin. |
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