have the questions been answered
a) will this happen again next time a theft occures?
b) what is the threshold-amount?
c) also for private wallets or exchange-wallets only?
furthermore:
did Mintpal ever provide any proof?
If yes: what proof?
If no: wtf?
you just took their word for it and forked the chain. Without any proof. Really? Did you just do that?
Well I'm surprised some of those questions haven't already been answered mainly the one about did mintpal ever provide any proof? I didn't have any VRC but I was looking into it for a while so I'm very interested to see what outcome this rollback/hack will have on the coin and other things. Sorry for those that got burned. Nobody got burned besides the hacker as of right now. We need to let the cards fall where they may. Out of chaos, comes clarity. Wrong, the whole cryptocommunity got burned on this one. How are people supposed to take Crypto seriously from now on. You guys just rolled back the clock and BAILED out the BIG BANK. Just like the FED would do! This coin does have some buy support but I believe its just major holders giving a last ditch effort to get out at a respectful price. We'll see how the next week or 2 goes but I predict this coin will be: DEAD in less then 4 weeks due to the MASSIVE INCOMPETENCE from the DEV team!Relax boy. VeriCoin will be 70K by end of the week. |
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Lastly, just because I hate being called a liar, if you go back and search - our first posts (in April) all posts were referred to as "US".
Follow US.
WE Recommend.
There were 2 parties.
Strato
So you (CoinRocket) are pumping this poor Apex :-)) Not a very strong pump. |
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The thing I don't understand is why people are still leaving massive amounts of coins on exchanges  . And even more in the case of VRC where you can get staking interests. LoL Because the "investors" were waiting for Daikoku pump and were going to dump it at 50k, that's why were so many coins at the exchanges. Check out IRC and twitters how many penny fucker have been waiting Daikoku like Jews waiting for the Messiah to come. |
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The thing is serious and I believe that BigDaddyWooWoo, who is active on another thread is right. I quote: The bigger problem in all this is the "rollback", or the ability to do so. Crypto has a real world trust issue and this makes it 100 times worse. If I am a merchant there is no way in hell now that I would accept digital currency as now I have no idea if I get to keep my money. If the ledger can be rolled back on a whim then decentralized currencies are dead.
M/C and Visa have this issue to an extent but they cannot roll back an entire public ledger for as far back as they want to go. Also, they are already entrenched where crypto is just getting a foothold.
Fungibility is extremely important. Trust is extremely important. Confidence is extremely important. This is not a Vericoin problem. This is a digital currency problem. This affects the entire cryptosphere. This is now our problem.
I am converting all my holdings to BTC and hoping that it will weather the storm. If it begins to take a hit back to fiat I go. It sucks but the bed has been made now. Not being chicken little here, just being objective and safe with my investments. So far it is just a VRC problem. No other crypto has done this yet. You are so active in this thread that I certainly got your point by now, but what are you try to achieve with your endless comments? Are you in a mission to save the world from the devil VeriCoin developers (2 PhD scientists + one MS developer so not exactly the archeo type of scammers but think whatever you want) or are you just a troll with lots of free time to spend with meaningless conversations? |
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ok so it was 3000 and now its 1300 so would you all still like to stick to your assumptions because i still don't see it??  I think you could be right, this is not the next bitcoin :-)) |
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I could be wrong, but what I can see from the order book that there is no buy support whatsoever but the miners/devs are still dumping. This indicates that really unwise and short sighted ppl around this coin. I am not sure where the devs from are they from China, Phillipines, Albania? I guess they make few hundreds/thousands $ by dumping for 2k and it is enough for a whole village for a year so they are happy, but actually they could make 10 times as much by waiting a bit. Up to them, it is their coin.
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Yeah i'm holding on also. You cant expect people on bittrex buying all day long fellow miners  If you dump the coin, you kill your own earnings. Dev, plans for another exchange? I have nothing to do with ApexCoin but noticed your market started very nicely and the momentum could build up easily into a 20K price in a few days, but the miners are dumping. Stupid really. I am not a miner just curious, if the miners dump at the current price 2-2.5K, are they still making profit? Depends their investement. This coin has been sold to much to keep at such low prices. I have big faith in this coin going into the 0.0001 region within the next 48 hours. what exactly do you base this assumption on? I cannot see any difference in this coin to the hundreds that have been released in the last 2 months absolutly nothing so why 0.0001 i'm trying hard to understand your logic here or is it just wishfull thinking? Given the volume of buys. Way to many of them to just dump this coin. Dumps are miners, dont forget that. Well, that's actually could be true, the volume indicates some buy in. I know a few ppl actually bought in between 30K-40K (crazy Russian investors like myself and I know they bought it because when they said they will the chart indicated the buy, that's why I was curious about this whole thing) and they are not going to dump it, they can wait a few weeks to see where this coin goes. Now, I am not comfortable with the altcoins, I am old style and collecting BTC since early 2013 and I don't believe the +300 altcoins market makes any sense, but if you buy in the right time some nice profit could be possible with this APEX. |
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Should break 40k resistance soon, come on, ATH there we go!
Eth.
You see that line at 40k? Its a stiff resistance. It looks like the traders want to take this one higher though. If that 40k breaks and then holds support then that stiff resistance becomes stiff support, and you will see all those waiting on 20k hum a different tune. Really excited about the FIAT to VRC. Don't know how many. But I know people are waiting on it to make a purchase. I know I will buy some to test it out, a friend of mine making a bit bigger purchase, others will to. The FIAT to VRC implementation relies on Moolah and it causes lots of issues. The function requires a Moolah account, which is fine as the devs are not running a payment gateway so a payment processor is required, but in the meantime Moolah has put on hold all new account verification. At least it was told to my friend who is registered at Moolah specifically to buy VeriCoin using the FIAT feature that the verification is on hold. Moolah has been the single point of failure of the VeriCoin FIAT feature both implementation and execution wise. Having said that, I am sure the they will sort it out. The FIAT feature is a very good effort, together with the transparent dev team it separates VeriCoin from the 243,527 shit coins (uro, voot, naut, super, etc) exists on the market. |
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Because LOTS of people bought in the 0.000038 -0.000042 range.
The ones dumping now are the instaminers. Sometimes i also instamine a coin.
Take this calculation:
Coin X has a value of X BTC for whatever reason.
It gives X rewards per block.
If i invest let's say 1BTC on instamining this coin for 3 hours, i get a 1.7BTC return.
That is only on condition that i sell immediatly at the price i made calculations on, no time to hold the coin and to wait (hope) for prises to rise.
Mine, sell, profit. It's the opposite of Buy, hold and wait for profit.
It takes the right time on the right coin. I instamined this coin at the right time, already trippled my investement.
And the rest of my coins, i'll just keep them. I do believe this price will rise.
Thanks, interesting stuff :-)) If someone start to mine with a let say 10GH rig at the current price 2.2K and the price remain at 2.2K will it be still profitable for them? I guess if you don't rent the rig but have the rig already the cost of running the mining rig is lot less than what the miner get from the dumping even at 2.2K price. You could be right about the price, I really don't understand what determine the price of an early stage altcoin such as APEX. I wish good luck anyway :-)) I hope it will work out. |
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Yeah i'm holding on also. You cant expect people on bittrex buying all day long fellow miners If you dump the coin, you kill your own earnings. Dev, plans for another exchange? I have nothing to do with ApexCoin but noticed your market started very nicely and the momentum could build up easily into a 20K price in a few days, but the miners are dumping. Stupid really. I am not a miner just curious, if the miners dump at the current price 2-2.5K, are they still making profit? Depends their investement. This coin has been sold to much to keep at such low prices. I have big faith in this coin going into the 0.0001 region within the next 48 hours. I guess the dumping miners still making a nice profit even at 2K price otherwise they wouldn't dump. I am not sure if you just want to create hype or talk up the price or you really believe that 10K price, but how the price can raise if the coins being continuously dumped into a market where not enough buy support? |
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Yeah i'm holding on also. You cant expect people on bittrex buying all day long fellow miners If you dump the coin, you kill your own earnings. Dev, plans for another exchange? I have nothing to do with ApexCoin but noticed your market started very nicely and the momentum could build up easily into a 20K price in a few days, but the miners are dumping. Stupid really. I am not a miner just curious, if the miners dump at the current price 2-2.5K, are they still making profit? |
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Pump has started. Don't miss the train Choochoo!  Oh dear. |
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Despite all the fudsters, this coin is doing very well.
I bet they regret not mining this instead of crying wolf.
Do you know, can it tell how many coins were mined so far? |
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Well done on using a proper source code base (possibly BoostCoin) and making all the features available, like Testnet etc... This shows the Devs know what they are doing!! Just this one line of code show they have provided TestNet capability which soooooooo many other crap coins don't bother to do! https://github.com/apexdev/apexcoin/blob/master/src/main.cpp#L2594Great job Devs. I'm going to mine this Indeed, and it's at least open source not like the #SHLD. Good luck for the developers and miners! |
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Thanks Doug! I feel you start something really special here. Will try to translate straight away to my own language to spread the word. |
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That mascot monkey looks like a disorientated test animal that escaped from the laboratory after a 3 months amphetamine experiment. I wouldn't bother with mascots.
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Twitter is a funny thing. This guy claimed to have 700k shares at 1 point a few days ago. You think he may have been selling? Check out twitter status's Yesterday - https://twitter.com/Pixelperfecti0n/status/486486913483038720Today - https://twitter.com/Pixelperfecti0n/status/486860764847030272We need a good community around the coin to bring it up. Its very frustrating to see the day traders here to try to manipulate people on forum to the opposite of there own actions. If I mention to go long, its because I am long, or deep down I feel its time to go long. A lot of people will tell you to go long, the minute they want out. Crindon went MIA after the "news" that he said was so big it would go to 500k satoshi!!!!!! He was on here 10-15 times a day with big advertisements how everything was out. He made his money, now he moves on until the rest of the people lose faith and he repeats his PnD with the next batch. Its how wallstreet does business. No care for the next person, its all numbers. People here should try to build a comunity and work on the crypto, rather than have such a focus on day trading. This can be a great thing. why sully it with manipulation trading? Greedy people =/ I guess he never had 700k. At the time when his supposed dump happened (what he thanked to daikoku here https://twitter.com/Daikoku10Crypto/status/486127907618975745 the last comment) it was not 700k trade volume in my opinion. IMO, Daikoku called for a buy, not dump action with that tweet. At least I've analyzed similar calls and usually coin goes up after he calls, sometimes take a while tho... could be luck or self pump (?) Nyway I think he did wrong dumping. Eth. Yes, daikoku called a pump but Surestrike was in paranoid/frightened mind state at the time already screaming all over here and twitter because the price dropped to 28.5K and then he was ecstatic that he could sell in the middle of the hype that daikoku created. I agree, it was very stupid to dump it -except if he buys back now. |
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Twitter is a funny thing. This guy claimed to have 700k shares at 1 point a few days ago. You think he may have been selling? Check out twitter status's Yesterday - https://twitter.com/Pixelperfecti0n/status/486486913483038720Today - https://twitter.com/Pixelperfecti0n/status/486860764847030272We need a good community around the coin to bring it up. Its very frustrating to see the day traders here to try to manipulate people on forum to the opposite of there own actions. If I mention to go long, its because I am long, or deep down I feel its time to go long. A lot of people will tell you to go long, the minute they want out. Crindon went MIA after the "news" that he said was so big it would go to 500k satoshi!!!!!! He was on here 10-15 times a day with big advertisements how everything was out. He made his money, now he moves on until the rest of the people lose faith and he repeats his PnD with the next batch. Its how wallstreet does business. No care for the next person, its all numbers. People here should try to build a comunity and work on the crypto, rather than have such a focus on day trading. This can be a great thing. why sully it with manipulation trading? Greedy people =/ I guess he never had 700k. At the time when his supposed dump happened (what he thanked to daikoku here https://twitter.com/Daikoku10Crypto/status/486127907618975745 the last comment) it was not 700k trade volume in my opinion. |
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VeriCoin had a great day on Wall St. discussing VeriCoin with some corporations. We also found some time to make it to the Bitcoin Center in NY.
We (Doug and I) are going to be hosting a party at the NY Bitcoin Center in the Financial District of Manhattan (across the st. from the NYSE!). The party will be in late July (date still not set in stone) and we will have lots of cool stuff to give away (VeriCoin Tee shirts, stickers, paper wallets with some VRC, etc.). We will also be bringing food and drinks.
Doug and I are happy to help contribute funds for this party, but if you would like to contribute, please send some VRC over to this address (the Party Fund): VJ61hq3A8RCq79uaWAFe56J3ri5RvitN15
Anything unused will go to the VeriFund.
It's going to cost a few thousand dollars to have a hundred shirts to giveaway, a DJ, etc. but we think it's going to be awesome. The tentative date is set for Monday night, 7/28, at 7 PM.
Please help us host the Very First VeriParty in NYC!
Great news about the Wall St. investor meeting and many congratulations for what you have achieved with this project so far! As for the launch party, my understanding was that the plan is to have a big launch party organised by WizRig (J. Bosch) in Miami. We heard in the first hangout that a big party will be with celebrities, TV and all kind of news organisations in Miami where the world will hear about VeriCoin. Is that Miami PR event still going to happen? I am fully aware that you do not work for investors like myself and you have no obligation to answer, but since you represent the project, you have put your digital currency in the public exchanges and your project involves with real peoples' real money your reply would be really appreciated. During the time when the price was pumped to 55K WizRig was very active and outlined an ambitious and sensible PR plan via the first hangout (when WizRig and you were sitting together and explained the plans side by side) as well as via twitter and IRC, it sounded a good plan and it seemed your decision to let WizRig close to your project is a wise one. WizRig said that he is here for creating crypto history, work for the community and for him it is not about money, it is about work for something good. Is that still happening, generally speaking is WizRig still part of your project and if yes to what extent? Since you represent VeriCoin I hope you don't mind I am asking you about the role of WizRig in your project. In Russia there are many investors like myself very interested in your digital currency, its features like the SMS and VeriBit are very suitable for our environment. We are not concerned about price drops at all, but it would be great to understand who is doing what in your project. I'm not sure where we are with the Miami party. Hopefully Joel can pop in and answer any questions you have regarding him. We've run into some issues with Bristol PR (not related to Joel-- Bristol has a check signed by him that he donated) relating to attacks by other coins on VRC. We're going to call them today and hopefully figure out how to resolve the issues. Thanks for your reply. The Bristol PR plan sounded really good, sorry to hear there are issues and good luck with resolving it. The plan to get them news releases this week and use Bristol PR to get VeriCoin to the mainstream sounded really good. If you don't know what is happening with the Miami party then there is a lack of communication within the team at least with Joel. I thought that was the case when I saw less and less communication from Joel. There are always issues in any processes and I am sure you will solve the problems. We (me and another few Russian investor in our group) see VeriCoin as a long term project which will be very successful because of the dev team and will invest more in the meantime to keep VeriCoin going :-)) |
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VeriCoin had a great day on Wall St. discussing VeriCoin with some corporations. We also found some time to make it to the Bitcoin Center in NY.
We (Doug and I) are going to be hosting a party at the NY Bitcoin Center in the Financial District of Manhattan (across the st. from the NYSE!). The party will be in late July (date still not set in stone) and we will have lots of cool stuff to give away (VeriCoin Tee shirts, stickers, paper wallets with some VRC, etc.). We will also be bringing food and drinks.
Doug and I are happy to help contribute funds for this party, but if you would like to contribute, please send some VRC over to this address (the Party Fund): VJ61hq3A8RCq79uaWAFe56J3ri5RvitN15
Anything unused will go to the VeriFund.
It's going to cost a few thousand dollars to have a hundred shirts to giveaway, a DJ, etc. but we think it's going to be awesome. The tentative date is set for Monday night, 7/28, at 7 PM.
Please help us host the Very First VeriParty in NYC!
Great news about the Wall St. investor meeting and many congratulations for what you have achieved with this project so far! As for the launch party, my understanding was that the plan is to have a big launch party organised by WizRig (J. Bosch) in Miami. We heard in the first hangout that a big party will be with celebrities, TV and all kind of news organisations in Miami where the world will hear about VeriCoin. Is that Miami PR event still going to happen? I am fully aware that you do not work for investors like myself and you have no obligation to answer, but since you represent the project, you have put your digital currency in the public exchanges and your project involves with real peoples' real money your reply would be really appreciated. During the time when the price was pumped to 55K WizRig was very active and outlined an ambitious and sensible PR plan via the first hangout (when WizRig and you were sitting together and explained the plans side by side) as well as via twitter and IRC, it sounded a good plan and it seemed your decision to let WizRig close to your project is a wise one. WizRig said that he is here for creating crypto history, work for the community and for him it is not about money, it is about work for something good. Is that still happening, generally speaking is WizRig still part of your project and if yes to what extent? Since you represent VeriCoin I hope you don't mind I am asking you about the role of WizRig in your project. In Russia there are many investors like myself very interested in your digital currency, its features like the SMS and VeriBit are very suitable for our environment. We are not concerned about price drops at all, but it would be great to understand who is doing what in your project. |
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