Now you are talking!

Truly, although they may say otherwise, no one gives a flying fuck about the calls. It's all about the price. Finally we are talking common sense, not absurd pipe dreams.

And in that, all I can tell you for sure, is that VIOR is yet another instance of musical chairs, like every other alt out there. If you are playing, keep your butt as close to the chairs as you can... or you will find yourself holding the bag. I guarantee that.

And those advantages are... going to be... which?

And who has said otherwise?  Burn more.

What is the advantage of Vior, that is the (only) question... Oh wait, it is going to be much better, right?

There were many others that hit the dust (and spent billions of dollars in the fight --- which I understand Vior doesn't have?0. You may have a vague memory -although still around somehow- of things such as MySpace or even LinkedIn...

That is simply not true. I use it every week, from 10,000 kilometers away, and pay nothing. 3-4 hours of excellent video calls. What are you talking about?

I understand you fine, don't worry. You seem to have a problem understanding though that people ALREADY have downloaded, installed and used Skype. They, in fact, cannot live without it. Do you expect them to download a Viorcoin wallet too? For what exactly? Mind you, they already have iPhones and Ipads that provide them with the easiest and completely free facetime that they use daily in their normal life. What would be the purpose of them even showing the least interest in another such service, through an (horror!) electronic wallet or any other device, when it offers absolutely no advantages to them whatsoever in any possible way?

Have you read about the recent acquisition by Facebook of a video encoding company in San Diego that offers much smaller (faster) video data packages without sacrificing image quality? What do you think they are going to use it for? Do you think the Vior system will even be admitted in the ball park?

Why not the regular Skype, that is completely free? Or the many other services that provide video calls for free ---and will continue to do so, ever more frequently, ever with more quality and ever more for free, since they are ad-sponsored and part of bigger social networks?

Those providers are established and used 24/7 by BILLIONS of people across the planet. Now, PR or no PR, how are you going to get "regular people" to download a wallet (the whole concept would make them run for the exits from the get go), on BOTH ENDS, so people can use these service (for pay)? Is this really the basis for the future success of Viorcoin? Really?

I agree. But those two "ifs" are rather substantial, aren't they? Lets assume the getaway works well, still the mother lode will be IF "real users start using it".
Why would they? Can you give me a compelling reason or two as to why would "regular users" use it, instead of the systems they are already familiar with such as google and facebook. And how exactly are they even going to know about this thing that offers them basically the same thing, but they and their counterparts, have to download a "wallet" (what? say they...) on their computers... Maybe there's a multimillion promotional campaign with TV ads and walls worldwide I am not aware of in the works, otherwise how exactly are they going to find out about it.

You do know "real people" really don't visit these forums, right?

Possibly. But the same was said 30% above the current one. And 20%. And 10%...

You have every right to not being asked, especially since you declare your ignorance upfront.

But in my somewhat rather wide experience, I have never see a coin held in 5 separate wallets at Bittrex. I have seen some in three separate ones, but that's almost half, on one side, and they were NOT the top 3 wallets. Now, not that I doubt the veracity of your assertion, but any way to get a more official confirmation on this?

It would be particularly worrysome either way though if only 50% or so of the coins' holders believe in the project enough not to be waiting at the exchange to dump them on the next rebound...

Nefarius indeed. The posers that pretend to be supporters, that is.

Another joke/r.

And I thought you would be kind of busy with your marvels and your self-made cards and "helping" NAUT... oh wait...

Funny guys...

Oh I know how it works alright... let me simplify it for you -I know you do know this very well though-: The bigger stacks staking get the most blocks solved, they reap most of the staking rewards. Did I "get" it?

But please do not avoid the rest of the questions, ok? I doesn't make you look good.

Finally, if only 33% of the coins are staking at the moment, and only 29% of the total are at Bittrex (or are there more than one bittrex wallets in the explorer?), how come the other 71% are not staking? At 30% no less? who is the moron/s that is not staking and has the coins... oh wait, where?

You should know that prospective investors would want to know the answers to these things rather than a clumsy, very, at dodging the bullet...

The guys are looking, no worry.

And if you already knew that the interest rate would be decreased in the future, what exactly was the point in making calculations 4 years down the line (that in crypto is like 100 years in regular time)?

Oh but you are a trader so you don't really care about any of this, really. You know very well the VOIP and VIDEOOIP (and not just P2P, but fully available on any device that connects to the internet) are already rather old tech widely used by the like of google and Facebook with many more to come, completely for free, don't you? So exactly based on what will this coin project have any kind of future, let alone one 4 years or more long?

And, since you volunteered it, which are those coins that are "just fine" that give the stakers 30% rate of growth or more? Just one or two would suffice...

How exactly will that work? You expect them to keep on staking when the "encouraging" rate is reduced by 95%?

And what will that do, in the way of "fair" distribution to the coin? Those privileged few that now have more than 200,000 coins staking will have what, 70% of the entire float?

Please do correct me if you find that my observations are off mark, by all means...

You crack me up. Just crack me up...

Thanks for making me laugh... I am "seeding", really...

Oh and let me guess, after Pink, it will be jumbucks or whatever it's called, right?

Funny (con) man, you are....

You do understand that such rate of interest is not sustainable, don't you?

Of course this project will not exist at all in 4 years but IF it were to exist, do you even grasp the level of inflation that a 25% compounded interest will reach?

It is easy to know with that wonderful calculator you have posted, so just change the entry and where it says 50,000, put instead 3.15 million -roughly 70% of the total coins if the % remains, as of now, with 30% in the exchange-. Scary, isn't it?

But if you change also the 4 year entry and put a 6 instead, then you will really get scared... or maybe not. After all, if you expect this coin to ever reach a value of $600 per unit you are already way beyond reach, I'm afraid.

That is a simpleton explanation. Fact is that:

a) The community is too small to support the coin and its price, so it will become a dead coin before it reaches ANY target audience outside of crypto.

b) Too many people simple hate/dont trust/don't like IE, in the crypto world. Viscerally so  in many cases which, to me, it's only related, bottom line, to racism.

c) The mining irregularities have plagued the project from the start. It already has more than double the amount of coins -all for free- that it had when the ICO ended. Since there hasn't been any costs attached to that completely irregular amount of coins mined, logically, the price goes down. In fact, everything being equal, since there are currently more than double the number of coins than there were at the end of the ICO, the price has basically halved. Which makens sense since there has not been ANY progress whatsoever in the project since.

d) That banning shit IE has enacted of some countries/areas have been an exercise in futility that has (rightfully) enraged even people that were initially supporters of the project. The problem of over/mining -while most people cannot get hardly any coins mined in their regular computers/laptops- stinks to high heaven... even in IE and his closest friends are not benefiting. Someone is still gaming the system so to speak and getting tens of thousands of coins AND dumping them in the market, hence the downfall in the price.

All these problems will not be solved by a few people here and there, MAYBE, downloading the wallet and MAYBE, starting mining at home -to no avail, for no coins, practically, can be mined on a regular computer/laptop. So those people will dump the shit and promise themselves not to ever participate in such absurd games for pennies for constant aggravation. It will damage not just BYC but also the alts in general and the whole crypto world.

But just a little because, really, no one of any significance knows what BYC is of have ever pretended to become.

It will be a sad, pathetic side show within a couple of weeks. At the most.

I imagine you are referring to MangoCoinz. It is, indeed, an interesting proposition but, for now at least, way too early to be ratified by me here. I like the idea very much. To my knowledge there are no other coins out there that are being mined through smart phones with any degree of efficiency, so I will be looking closely as it develops. There are also many questions regarding security, reliability of the network -especially in these initial stages- and, above all, distribution. There's no even blockchain with standard info data available, nor Rich List (I understand they are in the process of providing both, along with application for IOS, which is direly needed). But, like I said, I like the concept and I like the three guys behind it. It is indeed a promising newcomer.

I'm sure we will be commenting quite a bit as they progress.

It won't happen. The stooges will not allow it. And, remember, James NEEDS the stooges.

Blackcoin saw the light after they got religion. The stooges are far from getting there yet.

And they will always have James...

http://cointelegraph.com/news/113256/concerning-garza-tnabc-and-bitcoin-media-down-with-everything-associated-with-anyone-op-ed-

I agree with 95% of the content of that Op-Ed.

The other 5% is where he contends -and furthermore in the comments- that the effects of the Paycoin scandal may have gone too far. I fully disagree and counter that, in my opinion, not nearly far enough.

First of all, in this surreal altcoin world, the lines between "legitimate" journalism and plain PR are as blurred as they can be... in favor of PR disguised as journalism. Everyone who has been in crypto for a few months know by know what I am referring to: All those websites that beg for the coins they "cover" in the kiss-ass blog entries at the end. That's kissing ass for crumbs, not even remotely journalism. Lets make that distinction clear before anything else. Then there's Twitter. Twitter is a network where anyone can post anything -much like BTCT, but in snippets 140 words or less at a time-. It's "free-for-all". And, guaranteed, the opposite of journalism. And then there's Reddit, which is the domain of the particular bunch of greedy "groupies" who will stop at absolutely nothing if they feel they can help the coins they support and are invested in. And please pay some mind to the term absolutely in my previous phrase: No ethical considerations of ANY kind.

And then we have CoinTelegraph, for which deMartino writes, some times very nice, detailed, researched pieces, like the one linked, and... some other times, pretty bland, quite outdated ones, such as the one covering the BitBay scam which was published WEEKS after it had been admitted to, here, by their main protagonists. Talk about exercise in futility!

Ian, your blog is in the interesting position of being a big influence in the development of cryptocurrencies, especially, as it should, in the protection of your readers. But you cannot achieve that without taking the bull by the horns and make public, at the very least, the very clear red lights when there's still time to provide some caution, if not full protection, of your readers. The ethics of journalism, I'm afraid, don't quite serve the purpose of journalism when it comes to this wild west of cryptoland: They play -the scammers, the crooks- with too many advantages, anonymity being one of them. And then the burden of proof... I am NOT advocating for irresponsible journalism, but for risky, cutting edge one. One where you have to go on hints and gut feeling some times in order to be of any use to your readers. And let the chips fall where they may. You WILL make mistakes, but no one will question your motives. Or the mission of your blog.

What use is to report the BitBay scam -and then not particularly accurately- weeks after it unfolded here with the main protagonists admitting to their role in it? What purpose will it serve to even timely report on the Paycoin scandal, many days after the investors have been duped? Wasn't the pretension of Amazon, Target and Walmart involvement, along with the $20 "warranty", plus the supposed $300 million "fund" red flags enough to warrant an investigation? Just three calls in maybe 3 minutes would have given you the gist that the whole thing was just vapor. Yet you did not make even one of those calls, let alone on time. How about a call to Garza himself to provide proof of the $300 million "fund"? Poor, very poor and lazy "journalism" there, Ian.

And now your claims that the "standard may be impossibly high". Sorry but no. There are already several projects out there (which ones you ask? I'm not a paid reporter here but I will give you two off the top of my mind... all are here one way or another: SIFTRCOIN, BLOCKNET... many more of lesser means). What are you doing about those which is not going deep into their claims, the evidence against some of their "developers" (Dan Metcalf sounds familiar?). How about an op-ed on the inevitable damages to the digital currencies community when the big money comes in and performs its deadly manipulations in absence of Johnny Law? People whose acts would have them thrown in jail in Johnny Lawland, need to be EXPOSED by legitimate outlets, such as yours, preferably when it matters, BEFORE the damage happens. Talking about crooks, when would you think an expose is due on the likes of Surplus, Pr0metheus, Fontas, and so many others. When another on the irresponsible -and crooked- "devs" from Metcalf to Carlos Ferguson to about 100 others? How about that "Proof od Dev" thingy issued at the whim of a guy with no relevance prior whatsoever? I'm not your desk editor, nor you should need one ... if you are to be of any use to your readers. Otherwise, just stick to sit on your butt and peruse these forums looking for a "safe" time to print useless rants. And then when the controversy gets you and your publication in hot waters only.

May the New Year provide you a sense of real purpose: That of being a real journalist. Direly needed in the space.