I am much more with Lupin on this, UK. Ethereum, when and if it does happen -I believe it will, but probably years from now still- will be so much more advanced than anything our boys (stooges) can concoct now or ever that it would be, really, a total waste of time and unrewarded efforts. Let them concentrate on their school papers, they are hard enough. And it seems in those other fields, they could be going places. Not here, definitively. Nor they need to... beyond whatever "cool" thing they may stomp in while practicing their "hobby" on their spare time. Let James do the lifting, since he is both capable and he said he would. But with the only caveat that it has to be CLEAN. It has to be LEGAL when legality is an issue (very, very soon). He's a bright guy, he'll think of something. Why burden the boys with something which is so obviously stratospherically above their heads? No practical point in that, really. They may do something really really cool like having the links turning to purple (hell, even first purple, then gree) when the mouse hover over them, how's that?
And, in exchange, Doug, Pat, how about keeping us posted about those quarterly evaluations at school, ah? Make us proud and let's celebrate!
Pompous and derogatory, as usual. Barabbas, with all of the time and energy that you invest into this thread, you have the opportunity to make a difference, but the way you treat people will always prevent them from taking you seriously. What a shame. That's your wish Scott, but the reality is that the market completely agrees with Barabbas and other users who post here mostly constructive, objective and helpful criticism The market agrees with the critics, (mainly) that's why the price is 8k. If the market would agree with you or the cheerleader brigade or the "marketing team" lead by Jay Jay that hypes the coin, then the price would be higher - but it is 8k. Your problem is not Barabbas or Monsieur Lupin, but your problem is partly your comrades who represent Vericoin in this thread, like the pathetic trolls above who try very-very hard to break apart this thread and of course they achieve the complete opposite and just discredit your whole operation. Why would anyone invest in Vericoin if your Verileaders are such individuals like the trolls in this thread, your comrades on your new wonderful forum? No serious person will put money into an operation that's in the hand of 20-25 years old delusional, aggressive, patronizing and trolling boys. Instead of the money goes to Ethereum's 19 years old Vitalik Buterin, a modest and extra talented young man who represents the complete opposite than your comrades do (and demonstrates that business succes is not determined by age). And I don't even get into the details to describe what happens when the delusions of VRC Verileaders are manifested in vogue business plans - we both know what happens then, see the Wizrig association which was the hope for weeks, Moolah partnership which was the next big thing for months, VISA card which was the project for making history, etc. and the new disappointment the decentralized cloud is on its way. It seems to me you have lot of issue to solve within your operation before wondering about posts in this thread. |
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months ago you should have hired lawyers or attempted to partner with a company with that could provide lawyers for you and you should have...
1.made contact with Mr. Lawsky's offices and attempted to be 1st fully legal compliant coin...
you might have been suprised by the amount of support he and people he knows might have provided if you had approched him through the correct channels with the intentions of replacing btc as a fully compliant legal whitehat operation.
2.gotten the process started for being a fully compliant EMT service either through your own means or by once again partnering with a company already compliant
3.not gotten involved with james...
10% of vericoin is a large amount of the market for one anonymous NON-CONTRACTED entity to control. James being anonymous is not under any form of contract with vrc or the devs meaning he has no legal obligations to vericoin whats so ever... he could run with the money tomorrow and nothing anyone can legally do about it. 10% or any large % of the market that the commuinty is willing to give away would be much more effective for vericoin if it were thrown in on REAL world buisness deals and placed into the hands of people that would help back Vericoin to become 1st legal cyrpto coin and that could be held legal accountable for any sketch actions or violations of contract.
no need for decentralized exchange or marketplace or new tech to be built into the coin itself...yet at least.
those would come as seperate entities/businesses (with prices linked to vrc like all exchanges are to btc), just like silkroad and poloniex are not apart of bitcoin, if safe and secure LEGAL value was created around the coin
I am a technology person and my experience is that having the right technology take care of the business, but what you suggest that don't worry about technology at this stage and establish VRC as a currency that complies with rules and regulations is of course a great strategy which I am perfectly comfortable with - anything really is great that make sense and move out the coin from its current stagnating state and put aside amateurish ideas like the decentralized cloud. I am much more with Lupin on this, UK. Ethereum, when and if it does happen -I believe it will, but probably years from now still- will be so much more advanced than anything our boys (stooges) can concoct now or ever that it would be, really, a total waste of time and unrewarded efforts. Let them concentrate on their school papers, they are hard enough. And it seems in those other fields, they could be going places. Not here, definitively. Nor they need to... beyond whatever "cool" thing they may stomp in while practicing their "hobby" on their spare time. Let James do the lifting, since he is both capable and he said he would. But with the only caveat that it has to be CLEAN. It has to be LEGAL when legality is an issue (very, very soon). He's a bright guy, he'll think of something. Why burden the boys with something which is so obviously stratospherically above their heads? No practical point in that, really. They may do something really really cool like having the links turning to purple (hell, even first purple, then gree) when the mouse hover over them, how's that? And, in exchange, Doug, Pat, how about keeping us posted about those quarterly evaluations at school, ah? Make us proud and let's celebrate! I have to admit, expecting any developments from the PhD student developers at this sage is no more rational than the delusional plan of decentralized cloud. You are absolutely right, due to lack of time, skills or whatever reasons, at this moment in time the developers aren't capable to move this coin forward. I still believe the developers will learn from their own mistakes (there were many), but it won't help us bagholders as it will be too late to turn this ship around. This failing operation is actually quite educational for other coins as it highlights how not to manage a coin. |
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again u just attack without answering intentionally misreading everything because u dont have the answers and come back with this BLa .. if u think im a FUdder there must not be many people on your side .. well Gl .. ill leave this thread sell of the few btc of vrc i got left .. because i dont need this shit ,, ah well at least u didnt just start screaming faggot faggot like ur buddies did last time ,, gl im out . Don't worry about the useless scammers, trolls and cheerleaders. Your honest opinion is very important to make sure the coin is on the right track. It is clear what these desperately screaming cheerleaders try to achieve here: they would do anything to trick uninformed new investors into this failing operation, that's why they don't want to see your balanced, constructive and objective opinion here. That's why they post all kind of nonsenses here with 1$ price predictions and empty promises like Vericoin will over take Bitcoin. Honest investors like yourself gives credibility for this coin to go forward, not the Wizrigs type of "supporters" nor friends of Wizrigs nor screaming cheerleaders, so you should stay. |
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Alot of people here must feel like don quichote  Altcoinuk, please explain how a decentralized marketplace is less shadier then a decentralized cloud storage? No point to discuss particular use cases until you are not clear about the underlying technology. Read my previous post when I referred to a paper, then read Gavin Wood's paper and then lets discuss how much sense a currency does make that supports smart contract processing. And then, if the devs are interested in Blockchain 2 technology you can discuss particular use cases such as decentralized market place and decide what is the best for Vericoin. There are at least 5 good looking use cases to demonstrate blockchain 2 technology and you don't need to go with the decentralized market place if you think that is not a viable use case. You can label me as a FUDder or with whatever you want, but that doesn't change reality. The reality is that novel ideas bring investment - see James (who collected 5 times the value of VRC's market capitalization by presenting himself as a developer of a novel technology) and Ethereum, on the other hand lame ideas and lack of development brings 8k coin price - see Vericoin. you are just talking in circles. first u bashed decentralized cloud storage and in the same sentence you are saying we need decentralized marketplace - makes no sense. second, you are talking about smart contracts: did you ever heard of nxt? do you know that nxt is a supernet corecoin besides vrc? it makes less then zero sense to cocentrate our power into projects that will already be provided by supernet. Let me know which part of my posts that you reply to was not clear and I will clarify, because so far you are not answering my posts but talking to yourself. |
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months ago you should have hired lawyers or attempted to partner with a company with that could provide lawyers for you and you should have...
1.made contact with Mr. Lawsky's offices and attempted to be 1st fully legal compliant coin...
you might have been suprised by the amount of support he and people he knows might have provided if you had approched him through the correct channels with the intentions of replacing btc as a fully compliant legal whitehat operation.
2.gotten the process started for being a fully compliant EMT service either through your own means or by once again partnering with a company already compliant
3.not gotten involved with james...
10% of vericoin is a large amount of the market for one anonymous NON-CONTRACTED entity to control. James being anonymous is not under any form of contract with vrc or the devs meaning he has no legal obligations to vericoin whats so ever... he could run with the money tomorrow and nothing anyone can legally do about it. 10% or any large % of the market that the commuinty is willing to give away would be much more effective for vericoin if it were thrown in on REAL world buisness deals and placed into the hands of people that would help back Vericoin to become 1st legal cyrpto coin and that could be held legal accountable for any sketch actions or violations of contract.
no need for decentralized exchange or marketplace or new tech to be built into the coin itself...yet at least.
those would come as seperate entities/businesses (with prices linked to vrc like all exchanges are to btc), just like silkroad and poloniex are not apart of bitcoin, if safe and secure LEGAL value was created around the coin
I am a technology person and my experience is that having the right technology take care of the business, but what you suggest that don't worry about technology at this stage and establish VRC as a currency that complies with rules and regulations is of course a great strategy which I am perfectly comfortable with - anything really is great that make sense and move out the coin from its current stagnating state and put aside amateurish ideas like the decentralized cloud. |
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Alot of people here must feel like don quichote Altcoinuk, please explain how a decentralized marketplace is less shadier then a decentralized cloud storage? No point to discuss particular use cases until you are not clear about the underlying technology. Read my previous post when I referred to a paper, then read Gavin Wood's paper and then lets discuss how much sense a currency does make that supports smart contract processing. And then, if the devs are interested in Blockchain 2 technology you can discuss particular use cases such as decentralized market place and decide what is the best for Vericoin. There are at least 5 good looking use cases to demonstrate blockchain 2 technology and you don't need to go with the decentralized market place if you think that is not a viable use case. You can label me as a FUDder or with whatever you want, but that doesn't change reality. The reality is that novel ideas bring investment - see James (who collected 5 times the value of VRC's market capitalization by presenting himself as a developer of a novel technology) and Ethereum, on the other hand lame ideas and lack of development brings 8k coin price - see Vericoin. |
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Any reason for to current drop in price ?
These are good points. Thanks. We will have decentralized exchanging through SuperNET so this would be redundant likely. What in a decentralized marketplace would be bought and sold? Question to the community, what would you want to buy in a decentralized marketplace with VRC? Before discussing any particular use cases it's better to start from the basics and decide if you are interested to incorporate Blockchain 2 capability into your software at all. Not a lot changed since we discussed this topic 2 months ago. I suggested you at the time first please go through on Ethereum's Gavin Wood's yellow paper at http://gavwood.com/paper.pdf (that's more a research paper in my opinion than a generic software document) to get an idea what I am talking about when I am referring to contracts and get an idea what should be done terms of functionalities and development effort to support smart/decentralized contract technology. As you can see from the yellow paper and from their source code, which is freely available for your reference Ethereum is not doing any extra special, your team is perfectly capable to carry out such software development, we are talking about a fairly trivial software engineering task to implement smart/decentralized contract handling. When technology leaders like the Linked in founder Reid Hoffman thinks that the smart contract technology will radically change how we do business from recruiting to legal services, from currency exchange to tangible/intangible asset transactions, then probably it is worth start listening. Anyway, it's just my opinion that worth to focus on a novel technology like smart/decentralized contracts. Once you start to work on it, such technology development will put you on the news for the very good reasons - unlike the decentralized cloud storage which will associate you with a very shady use case. It's up to you, to be remain James' pet toy and wait what task he assigns to you (like this decentralized cloud nonsense that His Highness generously assigned to you) or establish your coin as a technology leader by implementing on your own a novel idea in your blockchain. Before that, I also suggest to start building your marketing strategy around Barabbas' Bank vs. honest digital currency theme, that was an excellent idea in my opinion. |
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You see UK what a little bit of ego-stroking will get you? It will also work on Nosker, believe me... Dave, he just doesn't give a crap... but would appreciate any ego-stroking also... human nature, of course.
Well, at least you have got him to admit, once again, that we are going in circles here at VRC, meaning nowhere. Because, sorry UK but you are ALSO wrong, regarding the exchange. And the marketplace. As I have stated before many times, digital currencies are, by design, companions of FIAT as currencies. Apple is launching one, that will be effective, very effective, but it is pegged to FIAT. It won't happen to digital currencies in a very long time (and then only in isolated cases, i.e.: Overstock.com), because there's not enough advantage in them to justify the risk it currently involves such acceptance. And, when it does, it will be Bitcoin, not VRC nor any other alt. Now, as a tradeable storage of value, the alt world is coming to a crashing end altogether very qyuickly due to the staggering amount of scams, mostly. And because enough risk -and reward- is already provided by bitcoin itself. No need for the other crap that bring very little in anything at all to the table. But, if VRC is to survive and play a minimal part in the future of these currencies, it will be as a currency, NOT as a business. There are already, and have been for a while, a lot of "businesses" around the digital currencies. All of them failed. There's the E-bay equivalent, has been around for a while (not just one, several, Unbrakable coin has been trying to get action in his own for months already: failed). Xbot recently tried and failed miserably to get people to exchange shit over twitter and its chinese equivalent... Fact is that any exchange digital currencies users want to have, they can have it already using available tools and currencies... as well as escrow services. You want to sell anything, post it here or in several other threads or forums and you will get people interested (one in 100 legit, by the way, don't forget this is the territory of scammers). Those REALLY interested, agree on a price, set an escrow and close the deal. Very few do. That's the extent of what an "exchange" with digital currencies will ever imply, associated with a specific currency or not. The Cannabis recent p&d will show you, again, that even for the "high crowd", there's just no way on Earth for it to work. Not even on "medicinal stuff".
No need to mention again the absurd idea of a "decentralized cloud storage" business associated with VRC or any other digital currency. Everyone with any common sense, already has all the info they want to use.
But, UK, ego-stroking or not, you are not going to be invited to the Xmas party if you keep mentioning me man. You know the mantra, don't you? I could be Jesus Christ himself, for real, not a "barabbas" handle and still whatever I propose, no matter how incredibly opportune it might be, is a no-no by definition... and because, you know, I call a dog ... well a dog. A stooge, a stooge. Or a headless hen, a headless hen. And that, you know, takes all the merit away from any and all ideas, so don't waste your time... You do know what kind of people you are dealing with here. In the devs AND in the choirboys. Remember the guy in Minnesota and the fair? well, there you have it. And that one actually did something, imagine the other ones... Man, do not waste your time, really. Not worth it at all.
Now, as everyone knows, I was the first on these boards to support and push for James to join VRC. The effect was immediate and the price doubled in hours. Of course it did not last, among other things because it wasn't clear what if anything he was going to deliver for VRC in 6 months and also, let's be perfectly honest here, because the drought has reached digital currencies territory and the beginning of the end announced for alts. BOTH factors, not just one. Even the people that enthusiastically threw money at the Ethereum project will more than gladly get their BTC -devalued and all- back if the could now that they realize they will have it locked for many, months, perhaps years. It's another reality, quite different, from the reality that we were facing when James came in to VRC. Mind you, I still support James being part of VRC, not because I have any solid reason for it beyond the fact that, without him, we are back to square one -and not Summer anymore, so the kids are back in school-, meaning we have what we have, with all its enormous shortcomings, and we are never going to have anything better tech-wise, so James is, at the very least, a hope, a (remote) possibility of something more.
That said, the shine has gone. The "magic" is no longer. I don't know if anyone has bothered to check it but a look at the last 30 days behavior of James' main "assets", the Supernet, NXTVentures and JD777 HODL, will show you with no margin for doubt as to how the shine has gone. Considering that VRC has lost half its value since James propelled it to 17k ever so briefly, VRC is not doing that much worse than his other assets... which puts pretty much in question how much of an assets, really, the association is. Once again, not taking any position on this, just bringing the facts and reality up for consideration.
Anyway, I thought the choirboys would just play in their patio as they were so much complaining about the noise in this one, but, of course, what's shit will always stink and here they come again and again to keep on shitting in this one that is what they always did and wanted to do. It's tiresome. And not worth any efforts, really.
And, like I said, bringing me up here, UK, will not get you in on the Xmas party at Nosker's... actually, it will bring you to give him yet another opportunity to throw you out from it. Oh how he loves to do that... you know, never in his life he was given such a chance so it is fulfilling a lifetime ungranted desire, don't take it personally...
The prospect of not having the opportunity to spend my Christmas with these fine gentlemen - like the Verileader who obsessed with dick eating or the 20 years old German boy above this post who despite his life organised around VRC never ever managed to add anything worthy to the discussion - is very depressing, that's for sure. I agree with you on James, but I think it is better if VRC prepare for the time when James' project won't be around, which in my opinion will be a year time, to establish VRC as a currency with a novel technology, partly that's why I would push effort into the Blockchain 2 technology development. As for the Blockchain 2 technology, just like I agreed with you on the viability of particular blockchain 2 features back in August, I fully agree now on the viability of features like decentralized exchange or market place. Yesterday (without going into details) I was referring to what we discussed here back in August: smart contracts, to build the contract handling capability into the blockchain to support Blockchain 2 features like exchange, market place, notary, autonomous companies, ATM, etc. I wouldn't expect much success from decentralized exchange or market place (yet), but I also have no doubt that these will be features of all wallets in a few years time. Until that, to demonstrate the contract technology either the exchange or market place are perfect use cases. The reason I am pushing this topic, because it seems to me that very influential technology professionals start to understand and embrace the concept of decentralized/smart contracts. Once people like the Linked in founder Reid Hoffman, visionaries and technology leaders, whom software had changed how we do business start saying that smart contracts will radically change our life, then I assume must be something in that technology. No wonder Ethereum could collect 25 million $ and that's only the start, they will collect a lot more from different sources, mainly from VCs. In my opinion concentrate on that area and start working on it could provide VRC with a life line. Anyway, since the VRC team is not interested in your suggestion about the Bank vs. people theme, probably this failing operation is going down further and if basic business/marketing elements aren't in place there is no point to discuss technology. |
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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. |
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AltCoinUK and Barabbas:
...
1. I had nothing to do with any negotiations with Moolah.
2. I had nothing to do with any negotiations with CoinSis.
Still, if you see yourself as a leader one would expect you learn from that shambles about Moolah and CoinSis, but you obviously don't. If you would, then you wouldn't label any suggestions, criticism as FUD, you would be more open minded to suggestions and you certainly wouldn't tell investors that gtfo. You must know, we did the due diligence about Moolah in here in the UK, I shared that info with the VRC devs and community. The reaction from the average 24 years old fanboy base, dev team and idiots like your buddy that ereborltc boy was that the info is FUD, the cooperation with Moolah will change the world and no one should question what the devs do. The arrogant Nosker even kicked me out from IRC because I said a few uncomplimentary comments about Moolah. Now the CEO of Moolah is wanted by the Interpol. The Moolah cooperation business plan was drafted in a PhD student lab by ignoring reality, and when your great business partner is hunted by the Interpol, then the market see how amateur the VRC team is and the 8k price reflects that amateurism. Still, you are repeating the same mistake terms of ignorance with other users here. You have the luxury to get well thought, logical and constructive opinion from very intelligent users like Barabbas, Monsieur Lupin, Kleineapp, etc, for free, but you not only ignore them (which is a very stupid act from a leader), but you tell them that gtfo and don't FUD here. Barabbas' suggestion about the transparent theme was a great idea, his pamphlet draft was genius because it pushed a simple and very powerful message, about the corrupt Banks vs. honest digital currencies. What do you do with that idea? Of course nothing, except letting your brigade harassing him because there are a few typos in the pamphlet draft. In the meantime, you roll out ideas like decentralized storage without proper market analysis, revenue projection, market share projection, analysis of your competitors and target audience. Do you have a business plan? Of course you don't have - your cloud storage idea is based on pure speculation. No wonder users question your idea as you have not provided the community with any sensible analysis to justify your idea. I know, you and the devs don't have to justify anything - so lets repeat the Moolah mistake on a bigger stage by enabling the store of child pornography on the block chain without generating any revenue. What a great idea to get into serious trouble without generating any revenues.I've found success in other areas - mainly in the entertainment industry but also in marketing. I was the owner/operator of www.GiantStarRecords.com - A professional recording studio in Calgary that focused mostly on Hip Hop. *It's been closed since 2012 and I now live in Florida. As I thought you have no experience in business apart from organizing some web site venture, thanks for confirming that. No wonder, you have no leadership skills. If you would have you would start with the basics and being worried about the image of VRC and you would control your desperate fanboy brigade, users like that idiot ereborltc who is being uncivil and harassing users here. I bet, you even thanked him on your forum for stepping up to defend you. You should understand, the image of Vericoin is not depending on Barabbas and altcoinUK, but on the VRC devs and your brigade. The devs (most of the time ) are very professional, but you have lots of work to do to control your brigade instead of worrying what "FUDers" write here. Right now you may sneer at $1.15/share... seems ridiculous. I know.
But as it stands... with the features it has... VeriCoin is a MUCH better, more useful Digital Currency than BitCoin.
That's just ridiculous and pure delusion. Marketing your digital currency as more useful than Bitcoin is not only factually incorrect (see my posts about green address, and other options already enabled by the BTC blockchain), but it isn't a viable proposition, it is like selling ice to Eskimos, because in such business venture you face two issues a) your freely available ice is same as the existing freely available ice b) the Eskimos need to walk a bit longer to get the very same ice |
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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. |
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Any suggestions on further development is appreciated , do you have any?
Yes. Read back this thread, and you will see. Since I am an experienced software professional I had plenty of suggestions about implementing decentralized features, especially in the area of smart contracts and about the software general ... but you know that very well, you remember that discussions in August when many of us suggested here in quite lengthy discussions to progress with decentralized features (not lame ideas like the decentralized cloud but in more sensible areas), and of course you are just trolling here right now asking me if I have any better ideas. I honestly don't remember that myself, tho I don't doubt you when you say that you've made such posts. I probably skipped over them, just as I skipped over most of the post that I'm now responding to. When people start being derogatory towards others and toss around petty insults, I stop reading, regardless of which side of the fence they're on. That behavior is useless and serves no purpose except to get a rise out of others, which is just childish. I'm not going to waste any more of my time with that crap. People need to learn how to communicate like adults. I couldn't agree more about the need for civil communication ... and it seems you have lots of work in your own community to educate people ... like the Wizrig's associate Jay Jay who came here yesterday to tell users who posted constructive criticism that they are FUDders and fuck-off, how civil that was or how civil this boy is above. I wish you good luck to educate your colleagues in civil communication, and then I am sure it will be a civil dialogue here. |
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“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” well said
That's very true and of course Vericoin should progress by implementing novel ideas, but there are plenty of novel ideas in the context of decentralized crypto-currency other than cloud storage, which is definitely not a viable use case to generate revenue nor build a user base. |
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Any suggestions on further development is appreciated , do you have any?
Yes. Read back this thread, and you will see. Since I am an experienced software professional I had plenty of suggestions about implementing decentralized features, especially in the area of smart contracts and about the software general ... but you know that very well, you remember that discussions in August when many of us suggested here in quite lengthy discussions to progress with decentralized features (not lame ideas like the decentralized cloud but in more sensible areas), and of course you are just trolling here right now by asking me if I have any better ideas. me , jay jay ... blah blah blah
Yes, I know you and Jay Jay ... the issue is what you do is useless. Moreover you think you have the experience (at age 25) and understanding of business (by driving a 6 years old Toyota Corolla max) to tell me and other investors what business is and how we should see this operation. If you need more details why your work is useless, then read back my posts yesterday and you will see my detailed opinion on your delusional plans, why it does not work and what should be done to make it work. Now wonder this coin is at 9k and there are no real prospects to improve. The leadership of 25 years old students like yourself and wannabe CEOs like that Jay Jay boy with zero business, software and leadership experience naturally results in a stagnating price. There are a few people like Scott, Kevondo, Lootz who does something that brings forward the coin (the Radio and web site are great assets of the coin), but you loud cheerleaders brings nothing to the table except arrogance. Rule one, if you want to make money boy, you need to start listening what more experienced people got to say about the operation. If you would listen me about Moolah or the software development strategy in July and early August then you would save quite a few disappointments for the community, the price wouldn't be at 9K, more importantly you would not need James' partnership because vericoin could collect that money without James. I suggest first you finish your university ... inexperienced, wannabe business leaders with zero business experience like yourself and that Jay Jay boy are just messing up things here (see his friendship with the scammer Wizrig, your white paper embarrassment, the Moolah fuck-up, current price at 9k, etc.). |
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I just got official word from jl777, VeriCoin is part of the SuperNET core! We are currently building SuperNET integration into the wallet and working on a special feature for SuperNET with jl777! Details of this new feature to follow further development.
You have already talked about that "special feature" -by "you" I mean Nosker-, the "cloud storage", right? No wondrr market is blase about it for while cloud storage is an obvious need now and in the future, with every single major player from apple and microsoft to oracle and google offering it for free or for peanuts, it is hard to imagine such a feature being in any way shape or form "special". Surely James has something else up his sleeve, right? as far as i understand it is actually very special. every cloud-storage solution we know of today is centralized, but this project will be decentralized. if it works i can see that it can be more efficient then known cloud storage solutions. If it works the way maidsafe works via/proof of resource that would be great, we can earn using our harddrives and I have lots and lots and lots of hard drives lying around  Except no one will store files on your lying around hard drives. That's not how individuals, small and large businesses store data - you know that very well. |
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I just got official word from jl777, VeriCoin is part of the SuperNET core! We are currently building SuperNET integration into the wallet and working on a special feature for SuperNET with jl777! Details of this new feature to follow further development.
You have already talked about that "special feature" -by "you" I mean Nosker-, the "cloud storage", right? No wondrr market is blase about it for while cloud storage is an obvious need now and in the future, with every single major player from apple and microsoft to oracle and google offering it for free or for peanuts, it is hard to imagine such a feature being in any way shape or form "special". Surely James has something else up his sleeve, right? as far as i understand it is actually very special. every cloud-storage solution we know of today is centralized, but this project will be decentralized. if it works i can see that it can be more efficient then known cloud storage solutions. As I said before here this decentralized cloud storage even more irrational idea than the VISA card, which is quite a something as the VISA card was an epic failure. The decentralized cloud storage won't generate any revenues besides that it's not going to be popular even if it is free. How many disappointments, delusional ideas we need before the devs start the actual work and deliver something that make sense? |
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About the bergstake.
whats happening with the mining pools ?
If there is decent net hash solo mining wont work at all so pools will get all the bergstake putting a lot of bergstake in the hands of a few people.
This doesnt make sense at all.
So Bergstake should only be given to the ICO investors for taking the risk.
If this tiny little very logical change could be made id be happy to invest.
To be clear the ICO investors would be the only ones getting bergstake.
One of the major purposes of the PoW phase is to distribute Bergstake far and wide. Pool operators keeping all the Bergstake would defeat this purpose. The coin dev has talked about creating special pools solving this problem where the pool participants do get Bergstake. So what your saying is that bergstake will be transferable and sellable on the exchange ? Or will bro own all mining pools? neither. either pool operators will keep bergstake and pay miners for this privilege, or they will have to put each miners address and reward into the coinbase transaction. If I can't sell the Bergstake that I purchased during the ICO on an exchange, say in 2 or 3 months after the ICO ends; my coins are going to be less valuable.  Or it will be more valuable. I don't want confuse you by suggesting radically new investment strategies, but never it crossed your mind that holding your investment is also an option? |
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but I'm making a difference.
You are not making any differences, you have been doing nothing useful. I guess the reason of that because you don't understand the basics, namely that this is a software project, and therefore in long term only software development can make difference in this business - see James' success with his project or the unsuccessful BRO ICO which would be very different if they would actually have a working software. So stop the motivational speeches, you are not in a church nor in a community meeting of jobless people where a motivational speech could be useful. You are in a Bitcointalk thread and we came here to support a digital currency and make money from it. The only way to make money if the software is being developing. In this business, "end of the day" (aka Effects) only the software can make a real difference, especially that VRC needs to compete with a well established currency Bitcoin. Your motivational speech is not going to put Vercioin to a more competitive position - only a better software does. I can only reiterate what I have been saying here for months: once the devs start to get done some meaningful coding then there is a very good chance to succeed. And then the cheerleader brigade can do the hyping if that makes you happy or makes you feel better ... but in this business you can't afford the hard work and actual software development - what the devs have not been doing for long months. The price is 9k again, so it's time to stop what you have been doing (it is useless anyway) and start supporting your devs to create a better software. |
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Ok, I will ask again. What are you trying to get out of this? We all know you are a bag holder like the rest of us but how is what you are constantly going on and on about helping the coin and community? If you could please just answer this very basic question. We all would like to know. Actually I do lot more than the vocal cheerleaders combined, as I point out problems and suggest solutions. You remember, I said to stay away from Moolah and its wanker CEO and concentrate on software development instead, then again I was the FUDder and now you can see who Alex Green and what Moolah is. Similarly, I have been asking here for months that lets put time into the software development instead of talking about delusional mass adoption fantasies and suggested a few areas to progress - then again I was the FUDder as I was pointed out that there isn't enough progress terms of software development. Then James came and proved exactly what I said: the right technology could bring money into any crypto projects. If the VRC devs would listen me instead of being stubborn about their vision and direction, and concentrate on the technology aspect of the project, present a viable development plan like James did, then they could collect the few million $ without James. Again, I am not saying that I support the Supernet idea, all I am saying that it is possible to increase market capitalization with a sensible technology idea (what I had been suggested here for months), just like James was able to collect money. The cheerleaders bring nothing to the table. Don't get me wrong, I think what for example Scott or Kevondo does is very important for the community, peoples who actually do something are important for any communities, I am talking about cheerleaders like that Jay Jay boy and his scammer friend Wizrig, they are useless and bring nothing to the table. |
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Otherwise they're normal dudes and live "normal" lives.
I highlight and answer this statement, since I agree that the main asset of the coin is the honest and transparent developer team. Most of us invested into this coin because the transparent, professional, marketable and intelligent development team was quite a unique phenomenon in the crypt scene at the time. Later, a few weeks ago was great to see the devs evaluated James' offer and entered into a partnership with him. Not that I expect Supernet can be successful, quite opposite, I am sure a year time no one will remember what Supernet is (except people who lost money with it), but the willingness of the VRC devs for collaboration is very encouraging in going forward, because I believe soon or later the market, investors, including VCs will see the value in this transparent, marketable and professional team. Now you see, only that statement was worth to quote from your nonsensical rant - that's how little you bring to the table. You think the devs write great code and I am not going to debate that with you, because you know nothing about software development (I pointed out here a few times how little the three VRC devs added to the forked source), you don't know what software development is - you are just a delusional Monday morning software quarterback who irrationally believes that a start-up business being developing here. You and your incompetent team caused a huge disappointment with the VISA card which "project" was hyped for 4 weeks and then we realized it is the lamest idea ever. For many investors that was the final nail in the coffin and sold out their bags. You delusional cheerleader had been pushing the message for months about the partnership with Moolah, well after every one could see how incompetent that hacked operation was. My lawyer spoke to Moolah after the hack because I had some coins there and when he came back he said they are a bunch of wankers. Then I said here and even on IRC that stay away from Moolah, Moolah is a bunch of wankers, forget the Moolah deal and concentrate on the software development - then I was the fudder again, even Nosker kicked me out from IRC because I was dare to spread FUD about the great Moolah. I did the due diligence about Moolah, the cheerleaders took it emotionally, that what I found out destroys their dream. (I don't expect you know what due diligence is in business partnership even you are, unlike me, an English speaker) Now, you try "to strike up conversations with legitimate people and services that would benefit VeriCoin", which means the next disaster most likely on its way to vericoin. Individuals like your friend the scammer Wizrig and yourself with your delusional business plan about being the next Bitcoin do nothing good for the coin - see the price which is 9k after you have been messing up things for months. As I said better if you take an intellectually less challenging role like be a water boy and just support the devs in progressing with the software. |
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