If you are unable post in a civil manner then leave this thread. Since you left from here with your vulgar brigade to have the cheerleader party at your wonderful new forums, the conversation is civil, polite and constructive here. Don't bring back your vulgar language, the "gtfo" remarks, lack of civility and your offending posts. All right my boy?

I couldn't care less what you tolerate. In this forum we say what we want to say and we point out facts here. Watch the first hangout and listen what Wizrig said (while the devs presented him as a team member), what he promised he will do for this coin and community, and then you will understand why he is a scammer, why many investors feel completely mislead by what was presented in that hangout. As I said, it would be completely irrelevant, what happened has happened, but when you continue your hype making lies about large background operations, big development activities behind closed doors, accumulating buy ins, then it is quite clear why you are so understanding and supportive with the scammer Wizrig. With this attitude you are not a great leader, so better if you assign yourself a more quiet role like water boy or window cleaning task to serve this coin - but certainly don't provide us with directions here.

Well, I have nothing to do with the BRO team, but reading your nonsense I have to jump into this discussion and ask a few questions: what difference the escrow does make in the context of an ICO? Since the escrow exchange (by definition) transfers the fund to the team, how the escrow exactly prevents the BTC "be gone" once the BTC was transferred? Do you understand what escrow means at all? Are you aware there were plenty of scams despite the ICOs were escrowed? The reasons of that is, once the escrow is released the BTC could "be gone" any time.

Fucking hell, I don't have anything against the Blocknet team, though I don't know them, but I am sure they are decent and honest individuals and knowledgeable professionals, but wasn't enough ITOs, ICOs and differently named money collecting operations in this year already? The market is exhausted, the money is dried out and the so many scams dramatically lowered the trust in this market.

It would be time to gain back the trust of investors instead of pushing for more money, not least because the ICOs, ITOs, very understandably are unsuccessful lately (see the BRO ICO). Start develop the software without asking money first. If you don't have the resources then don't develop software. The so many scams, ICOs, ITOs destroy the market.

It says a lot about the devs that they sat at one table with the scammer Wizrig and presented him as a team member when they were talking about making crypto history in the first hangout. That's all right, everyone makes mistakes and lets assume the devs couldn't see through on Wizrig, that's fine we got over it, but which is most concerns me is that the new supreme cheerleader that Jay Jay guy still keep talks in high regard about the crypto-history maker, worldwide VRC party organizer, scammer Wizrig. Really, that's the new VRC community leader who still think Wizrig was beneficial for this coin?

It clearly indicates that Jay Jay, the new vericoin community leader is in the same league as his friend Wizrig is. I saw yesterday that Jay Jay tweeted, that right now the price is low because it is accumulating phase, i.e people are very busy in buying VRC. Scammers would say anything to get 1-2 BTC from uninformed people (they hope from new investors). Right now the mantra is that VRC is in accumulating phase. It does not make sense economically nor logically nor factually, but they still spread the scam to trick people into this stagnating and failing operation. Jay Jay topped his usual BS of "very big things happening behind the closed doors" with a new BS that this is the accumulating phase.

Someone should tell that Jay Jay guy in your new super wonderful forum a) stop spreading BS, it does not do any good for the coin b) if he promoted himself to community leader then act with integrity. One scammer, his friend Wizrig was enough for this operation, we don't need another one.

The issue - at least what I can see is an issue - is your audience here. Like that dukeneptun guy above who has no idea how to check out a BTC address to look up the transaction history of the address. I don't think this is the best place for a serious operation like yours. There are only a very few sensible and knowledgeable people here like Barabbas and a few others, apart from them the average age here is 18, wannabe investors borrowed $50 from grandpa and play tycoon by writing complete nonsense all over the threads, and again the issue is that their combined wealth is 0.1 BTC the most and there is no available anymore the 10K BTC, what you need.

I am sure you have other options and I wish you the best. You put forward here a transparent team, your use case (gambling) is a perfect area for digital currencies and your success would have only a positive impact on digital currencies in general, so I truly hope you will succeed.

It's a quite interesting scenario: great team, well organized operation and a perfect use case (gambling),  it is not a scam and still the ICO is unsuccessful. That indicates to me the altcoin party is over. Scammers, vaporwares, forked software with only two lines changed in the original BTC/LTC code collected millions of dollars during this summer - now even transparent operations like BRO is unsuccessful. One way this is good because the level of scam in the altcoin market was ridiculous, on the other hand that means even good ideas like BRO and digital currency adoption in general will be slowing down.

Welcome to the club of disappointed bagholders. Now perhaps you can understand why people who bought into this coin at 40k-50k - when Nosker and Effect were making the hype about crypto history, worldwide media events, etc. with the scammer Wizrig - being disappointed here. I got into VRC when the price was 17K, but I still disappointed about the lack of progress and fully sympathize with the mislead investors who believed the promises of the Devs/Wizrig scam-combo around 40-50k.

Having said that, I am not entirely blaming the devs - except that they should never ever associate with the scammer Wizrig and since that at least they could work to make up that scam -, but clearly this is not a good time for alt crypto investment at all, so even if the devs would be the most talented and hard working professionals, probably that wouldn't matter much in this difficult market.

Of course we are saying the devs are incapable of getting the coding done. The devs haven't been delivering a thing for months, absolutely no progress, they weren't able to add any new features to the code base, therefore I am sure you would agree that the LTC/Sunny King code cloner developers failed with this project. Now the devs switched to a new lame idea, the cloud storage implementation for SuperNet. That's even exceeds the irrationality of the VISA card idea, which is quite extraordinary as we thought the VISA card fuck-up was the lamest idea ever. Integrate cloud storage into the blockchain is as much rational as integrate guano (excrement of seabirds) into the blockchain, it is not a viable use case.

As for the cheerleader hurrah about the 100 BTC buy wall at fucking 9K, since majority of the bagholders bought into the coin between 20k-50k, that buy wall means absolutely nothing. Put the buy wall to a reasonable price and you will see plenty of actions within seconds.

 

I fully agree with you.

It has been a grandiose talk and very-very little substance from this jl777 James guy, though lately he doesn't even talks here. My late grandmother could have as much effect on VRC price as this guy had, and my grandmother never ever seen a computer. As I said here many time, no one will remember 1 year time what SuperNet was  - except people who put hard earned cash into that vaporware.

Now, he got 100 BTC and the VRC price is still dropping. I guess he is dumping to buy low with the 100 BTC. He don't give a shit about VRC price nor about the community, he only needed VRC to use its transparent image to complete his ICO, and now he is gone.

In the meantime a few vocal cheerleaders celebrate the low price here, saying that actually they are happy with the low price. Of course cheerleaders would say anything to justify this failing project: if the price rise that's great, if the price drop that's great too ... quite incredible.

Nonsense, and you clearly have no idea what you are talking about. You came here and said that VRC price is low because of the community, and I answered to that statement by pointing out that VRC price is not low because of the community.

The VRC community is actually a vibrant, active and dedicated group of supporters, it is lot stronger than at most of other coins, but the price is surely not going down or up because the community does something or failed to do something

Of course the community had a prime role in developing DOGE, but the community driven success of DOGE was clearly a one-off event just like the story of Bitcoin and Litecoin are unique stories. You must be very new to crypto if you want to model any trends based on the events of Bitcoin, Litecoin and Doge, and apply that logic to clones (like VRC), and you are completely wrong expecting that the events of Bitcoin, Litecoin and DOGE could be replicated with Vericoin. 6 months in crypto is like 5 years in conventional business, additionally the landscape has changed dramatically in the last 1 year. Crypto-currency is an evolving and very unique environment, what happened with DOGE has nothing to do with VRC.

The community has nothing to do with the price. What a few random, anonymous users talk here has no effect on the price whatsoever.

The price is determined by the unique features, technical attributes, usefulness and development team of the coin. Vericoin is nothing more than one of the 500 BTC/LTC clones, with no unique features, the coin is petty much useless (there is no real use case for the coin) and the development team hasn't been delivering a thing for months. Therefore, the market values the coin at 9-10K, which is quite a generous valuation knowing the aforementioned issues. What no-name community members and bagholders say here is completely irrelevant from price viewpoint.

Thanks for letting us know, that's a very good news.

The question is, will be 100BTC spent on VRC?

No need to feel sorry as nothing bad happened. As I said earlier VRC is the worst investment of the year, but in the investment basket naturally must be 1-2 bad investments as well - the bad investment happened to be Vericoin, this disappointing, stagnating, absolutely no progress coin. Since my investment in VRC is minor (compared to my other investments) I can manage the loss of this bad investment, but it's still worth discussing developments and most of the cases lack of developments here.

I wouldn't characterize the being around of devs as a plus - I think it is an absolute must. Since the devs came forward with the capable, competent, transparent professional team image, this  - the devs being around -  is the least investors could expect. If they wouldn't be around then it would be a straight forward scam. It is unfortunate that the devs could not fulfill the rest of expectations and made this coin a failure and very poor investment.

And yes, the devs aren't working fast enough. Also, I have been contributing more than the cheerleader brigade combined as at least I have been talking about topics that matters and contributing nothing to the nonsensical cheerleader hurrahing, so I hope you appreciate my contribution to the VRC process.

What I could agree on with you, that nothing to do, lets wait and see what's happening. (The mass adoption fantasy of the devs and certain vocal cheerleaders is not a rational initiative, so don't even suggest to work on that please)

Well, actually I know what is being done behind the scenes and I am willing to share that valuable information with you right now: behind the scenes being done absolutely nothing.
I know this because when anything, even the lamest and most nonsensical thing is being worked on behind the scenes we will know about that immediately from the devs via posts, tweets, and then the cheerleaders are getting super excited saying that history being made behind the scenes - see the lamest idea ever, the VISA card that was hyped well before the actual announcement. So I can assure you, if anything would happen, even a smallest possible development like the first character in a menu item of the wallet UI is about tho change, then we would know about it immediately.

Anyway, don't worry about me, it is not a misery nor excitement for me, I am - as a long time fan and bagholder of the coin - just stating the facts here.

 

The main attribute of a roadmap is that the viewer assumes there is a progress in the project - that's why there are the progress indicator percentages next to each tasks. In that sense and from progress viewpoint the VRC roadmap is nothing more than a lie. There is no progress whatsoever in this project, e.g. the whitepaper, anon features and all other items are exactly at the same point as they were 2 months ago. It gives the impression for bagholders and potential investors that a software development is going on at VRC, which is obviously couldn't be further from the truth.

I suggest stop circulating this deceiving marketing item and stop misleading existing bagholders and potential investors by giving the impression that the 2 PhD students and one MS developer develop anything.

You are quite right about opinions : -)) but in this case I indeed stated the facts. You can't deny that the two PhD students and one MS developer did not deliver a thing during the summer, nothing in the last 1-2 months and the coin is stagnating. I am not even criticizing the devs here and fully understand that the devs due to lack of time, expertise, dedication or for whatever reasons failed. We already accepted that the VRC devs are unable to progress with this project ... and therefore there are no expectations whatsoever from investors ... and I was just thinking out loud here about my worst investment of this year.

Firstly, the usual cheerleader reaction - like yours - to any not hurrah comment and your personal remarks are not surprising - when you hear the facts about VRC as you can't handle the truth you answer with personal remarks why we here, why we not elsewhere, etc.

Secondly you wrong even about the state and current affairs of VRC. Vericoin is not volatile and we are obviously not on a ride. This coin has been in around the 10k range for months, it is not volatile at all and you can have a better ride on a dead horse  than on this stagnating coin.


 

It was never a question that James knows what he is doing terms of software development and he knows how to collect money.

The issues are
a) SuperNet is a vaporware (and most likely it will be nothing more than a great idea, good looking software development initiative and money collection instrument for James)
b) SuperNet has no effect whatsoever on the price of VRC
c) James lost his interest in VRC as he realised that the FIAT feature means very little, he knows that SuperNet will gain as much from the FIAT feature as much VRC gained from the FIAT wallet integration (which was zero gain) and the whole VRC association does not worth his time
d) The VRC devs do even less work than they did in the summer - which is a quite amazing as they managed to deliver absolutely nothing during the summer
e) VRC is a hopeless, stagnating, zero progress coin, nothing more than a fork, one from the 500 BTC/LTC clones, which is quite disappointing as we expected a lot more from the PhD students and MS developer

Apart from a-e everything is cool.
 

Yes, that make a lots of sense: the recipient in an oppressed regime or war line expect Bitcoin, because Bitcoin is the most widely used digital currency, it is relatively easy to buy and easy to spend. However, you VRC cheerleader don't care about that and you don't buy Bitcoin to send it straight away to the person that expect ... Bitcoin. No, you don't do that ... first you buy Vericoin and send it using the Veribit feature to take a loss on conversion fees and make an otherwise straight forward process more complicated. And you think describing this process is a unique selling point and emphasizing that users can use VeriCoin wherever BTC is accepted will make Vericoin more attractive to new users and investors. Never mind you can't answer one simple question: why the fuck any one would want to buy and send Vericoin in the first place when the recipient expects Bitcoin? Also, if Veribit such a killer, revolutionary and innovative feature of VRC as you cheerleaders like to talk about it, how it is possible that it could not gain any interest from the crypto currency community in the last three months and still has only 4 users worldwide? These questions are purely rhetorical of course.

Your post is an accurate reflection of the lack of knowledge, business and life experience as well as logical fallacies, delusion and average age of 20 years of Vericoin cheerleaders.

The staking feature was the universal hope for altcoin to beat Bitcoin. The only problem with that concept is that staking doesn't make an otherwise useless commodity more valuable. Staking dog excrement does make as much sense as staking a useless altcoin, but the community of the useless altcoin still celebrates, promotes and very proud of the staking feature.

The Vericoin marketing team doesn't care that Bitcoin does what a digital currency supposed to do (and its shortcomings are addressed by infrastructure projects and the +10 billion US$ VC investment just in this year along), and therefore the marketing team present Vericoin as a Bitcoin beater. The marketing team doesn't even bother to check out the basic technicalities such as the high level description of the Bitcoin protocol, and therefore they believe that the faster transaction processing of Vericoin is result in faster business processes from user viewpoint by completely ignoring the green address capability of Bitcoin that allows virtually instant transaction.

And it is absolutely disgraceful that the Vericoin marketing team release a marketing material that states VRC does offer more than Bitcoin. This indirect bashing of Bitcoin not only a complete nonsense but alienate the investors who have sentimental attachment to Bitcoin - 90% of the crypto investors with real money.

Vericoin cheerleaders convinced each other that VRC will change the world, and it's no wonder a delusional marketing team produces delusional marketing materials.