Vcrash???

[Xtrata]

A ~90 BTC dump caused the price to crash down to 2k satoshi. I don't get for what he's crying about, since XVC has pretty good price and buy support (currently ~126 BTC on Poloniex). The dev had plenty of chances to make money and I think he already did. Not sure what were the buy orders, but that dump has caused a big loss not only to the people previously bought Vcash, but to the dumper/s as well. Plain stupid.....

It was 25 btc buyorders before the crash. This is just someone holding the price up.

Maybe you're right, I'm not following XVC market. My assumption came from the screenshot below, though I can't tell what part of this volume were buys from sell orders:

Well, I was watching the market when it happened, basicly went to 2k, up to 10k again and alot of buys/sell. A bit after that someone added over 200 btc on the buy side but 100 of that btc got removed now.

[1714892571]

1714892571

[1714892571]

1714892571

[spartak_t]

XVC was ridiculously overvalued at $4,000,000 considering their "community" consists of about 10 people.
But it's been a great coin to trade all year... until it wasn't.

If it is a team of 10 people involved in its development (tech, marketing, etc..), then I wouldn't call it small. Not sure if you know what it takes to gather a team here (assuming you are not paying them 28357235 BTC).

[Zer0Sum]

XVC was ridiculously overvalued at $4,000,000 considering their "community" consists of about 10 people.
But it's been a great coin to trade all year... until it wasn't.

If it is a team of 10 people involved in its development (tech, marketing, etc..), then I wouldn't call it small. Not sure if you know what it takes to gather a team here (assuming you are not paying them 28357235 BTC).

No, I'm talking about the same 10 shills promoting Vcash and JC non-stop.

[cryptohunter]

However can anyone argue that technically it is not superior to many coins here? I know some knowledgeable people here question that zero time can scale well. But really it has way more going for it than many coins.

Seems the dev team although talented are not great with social skills so the community seems very small and there is no official thread on here.

[cryptonerd1]

another vapor turd

SHOCKER.

How do you consider 2 years of consistent coding vapor?
https://github.com/john-connor/vcash/graphs/contributors


If dev really cashed out, I would have expected many of the incentive nodes would have had their coins moved and the blockchain says it did not happen.
They are all (300+ incentive nodes) still online and funded.

I have no logical explanation about what happened. But here's what I saw from my end:

Dev said he was leaving for 5 days to take time off for thanksgiving,
next day important milestones on the timeline were crossed off claiming insufficient funds
at the same time, dev's twitter account was offline.
This caused a panic sell.
About an hour later, the twitter came back online


There was a post on the vcash forum about someone hoarding 30% of the coins and manipulating the price on polo.

On the post was a voting poll and one of the options was to fork it. after 2 pages of comments that post was deleted.

The last we heard from dev is that 'ZeroSlot' will be released soon.


love me a good mystery. this one keeps getting weirder.

To take 2 years of consistency and credibility and throw it down the drain one weekend simply does not make sense.

[Zer0Sum]

However can anyone argue that technically it is not superior to many coins here? I know some knowledgeable people here question that zero time can scale well. But really it has way more going for it than many coins.

Seems the dev team although talented are not great with social skills so the community seems very small and there is no official thread on here.

The Dev JC has negative social skills... always talking down to people and disparaging the rest of crypto.
Who wants to be part of that? How did they even get the cap to $4,000,000?

Their wallet is a joke that loads fast... but real people care about proper wallets (not about your 2017 roadmap).

I think it's been demonstrated repeatedly that better tech on the margins accomplishes nothing...
It's all about creating a cult following which breaks through to real people (reddit a good proxy) and ignites a Dev network effect...
And today there are only 2 platforms in that game= Bitcoin and Ethereum (XMR might be a very distant 3rd).

[cryptonerd1]

Their wallet is a joke that loads fast... but real people care about proper wallets (not about your 2017 roadmap).

..blablabla ...

and ignites a Dev network effect

The vcash dev community has already solved the ugly ui problem you mention:

Here is a very pretty electron based GUI for VCash here (written by the community):
https://github.com/whphhg/vcash-electron

Here is the wxWidgets port of VCash that was done in a weekend by one of the members in slack:
https://github.com/kryptRichards/wxVcashGUI

and someone in the slack is working on porting the C++ library to work in javascript using nbind and emscripten
https://github.com/charto/nbind

Plenty of uses for a low footprint instant transaction technology as per:
https://v.cash/forum/threads/thin-client-support.316/#post-7247

Seems like lots of development is happening with VCash.

[BitPotus]

all the developments in the world do not matter if everything can be wiped out on the whim of a big baby who can choose to throw his dummy out of the pram at any instant.......

John Connor is the most important but also the weakest link in the VC chain.

[cryptohunter]

JC and his fate set me to lose 5000 USD, are finished. help

There is nothing you can do but hold I guess. Could go back up. Then again could sink more.

[spartak_t]

JC and his fate set me to lose 5000 USD, are finished. help

Vcash (XVC) to better technology that few know it, I'm really glad to have discovered this little money (small in the eyes of some people) for me is a great that I won.

[spartak_t]

technology I have no doubt, but shame him in hand JC and his shitty group because he can not handle it. a fate collapsing currency as a stupid junkie. Since I have spoken well, this is the reward.

Does Kros means anything to you?

[iamnotback]

However can anyone argue that technically it is not superior to many coins here? I know some knowledgeable people here question that zero time can scale well. But really it has way more going for it than many coins.

Seems the dev team although talented are not great with social skills so the community seems very small and there is no official thread on here.

...

I think it's been demonstrated repeatedly that better tech on the margins accomplishes nothing...
It's all about creating a cult following which breaks through to real people (reddit a good proxy) and ignites a Dev network effect...
And today there are only 2 platforms in that game= Bitcoin and Ethereum (XMR might be a very distant 3rd).

Any one who designs an instant txn technology, names it "zero time", and doesn't explain that it just won't scale up, is either disingenuous or incapable of significant paradigm-busting invention/insight.

Lots of silly little technical improvements which change/fix nothing about the fact proof-of-work is doomed, do nothing to create a new market.

This is the hamster coin, for those who like to spin their wheels ending up with no meaningful progress in the end.



Hey that cartoonish face looks somewhat similar to the images I have seen of the Johnny.




What I think we (@smooth, myself, and other developers and technically capable people in the ecosystem) are saying is that if you are the real deal, then embrace the community by producing white papers that inspire the prominent and talented individuals to join your ecosystem. Produce meaningful innovation that impresses us and inspires us to look to you as an important contributor to the ecosystem.

In short, we see him as ripping off Bitcoin and basically adding nothing of great importance and then hyping up his wares and also acting like a sourpuss. And not being a team player and not producing anything significant enough to justify his maverick attitude. And being anonymous which IMO requires an uber level of talent to justify. Walk the talk, not just a bunch of silly performance refinements that don't really change anything significant. I think many in the Monero community suspected me to have similar deficiencies and I am hopefully about to demonstrate their appraisal was incorrect.

In short, here is a guy with moderate level skills trying to act like he is a Satoshi Nakamoto.

He appears to have come from prior experience working on BitTorrent clients or related. He may indeed be a talented developer, but talented developer != Satoshi Nakamoto. I can relate my own experience as an example of what I mean. I have near zero experience in network coding, so any developer who had worked on a BitTorrent client would trounce me in knowledge about networking. Yet I am writing a white paper to improve on proof-of-work and proof-of-stake. So where I lack specific skills in coding (although I am a strong polyglot coder), I may have talents in conceptual innovation which are important on the ecosystem scale. And quality networking coders can be hired/inspired to join.


Of course, we all could end up being incorrect. We are not omniscient. It is just the pattern of his activity that seems to indicate failure.

[ttookk]

JC and his fate set me to lose 5000 USD, are finished. help

Vcash (XVC) to better technology that few know it, I'm really glad to have discovered this little money (small in the eyes of some people) for me is a great that I won.

A tragedy told in three lines of text.

A common tragedy in the alt space, I imagine.

[iCEBREAKER]

Whoops. Sorry about that:

https://bitcointalk.org/index.php?topic=1442193.msg16970803#msg16970803

Well. some people may have just made a fortune and some may of lost a fortune. Huge dump and semi recovery.

"even a dead cat will bounce if it falls from a great height"

lol rekt

[Zer0Sum]

Whoops. Sorry about that:

https://bitcointalk.org/index.php?topic=1442193.msg16970803#msg16970803

Well. some people may have just made a fortune and some may of lost a fortune. Huge dump and semi recovery.

"even a dead cat will bounce if it falls from a great height"

lol rekt

There is not a single word about the Vcrash at the Vcash "Community Forums".

[iCEBREAKER]

Whoops. Sorry about that:

https://bitcointalk.org/index.php?topic=1442193.msg16970803#msg16970803

Well. some people may have just made a fortune and some may of lost a fortune. Huge dump and semi recovery.

"even a dead cat will bounce if it falls from a great height"

lol rekt

There is not a single word about the Vcrash at the Vcash "Community Forums".

Are they talking about the failure of zerotime to scale?

That's pretty much the same thing.   

[YourMother]

The recent crash has nothing to do with Milli Vanilla and its guaranteed inability to scale, but rather with the fact that John Connor, The Code Stealer is a fucking degenerate gambler and a drug addict.

Besides talking all day on slack about mushrooms and acid, you will also find him talking about manipulating the market and having a war with a group of Brazilians that own a big part of the supply. This time it seems like the Brazilians got the better of him, and as a result, he lost all of his super peers, hence the shutdown of his twitter and him complaining about not having money on the official forum, in a disgusting attempt at crashing the market into his buy orders.

This scum of the earth has a never ending Curriculum Vitae of shady practices such as:

1 - He's anonymous, therefore he can do whatever the fuck he wants without suffering any repercussions. (Satoshi being the exception)
2 - He stole code in the past, removed the attributions and claimed that it was his completely. Got exposed on bitcointalk shortly after.
3 - Got rekt by Gregory Maxwell in and out of Github.
4 - He claimed that he had a private investor, only to admit a few months later that in fact he was the investor.
5 - His whitepapers do not explain in details the bastardized technology that he's creating.
6 - His anti-social and anti-marketing behavior that he expressed for years had the purpose of making him and Vanilla Ice obscure enough so that he could hoard the coins in peace. He had 2-3 years to accumulate the shitcoin, but the degenerate dumb fuck lost everything on Bologniex Casino. Now he's talking about relaunching the coin (trying his luck at a instamine) or taking a constant 10 percent fee from the mining/superpeer rewards. (He seriously gives me Evan Duffbar vibes)
7 - The bus factor of 1 is written with font 72 on the idiot's forehead, and to my surprise, the "investors" are still kissing his ass on slack, saying that he's the greatest coder on earth, comparing him often with Satoshi Nakamoto.

This guy is a walking warning sign, yet he still has a following. He complains like a man child about manipulation from a few people that, in fact, bought their coins fairly, while the hypocrite is manipulating the market himself by closing his accounts and threatening to quit the project.

Is there anything else to say ? Excuse me while i'm puking my guts out.  

[pereira4]

A ~90 BTC dump caused the price to crash down to 2k satoshi. I don't get for what he's crying about, since XVC has pretty good price and buy support (currently ~126 BTC on Poloniex). The dev had plenty of chances to make money and I think he already did. Not sure what were the buy orders, but that dump has caused a big loss not only to the people previously bought Vcash, but to the dumper/s as well. Plain stupid.....

It was 25 btc buyorders before the crash. This is just someone holding the price up.

Maybe you're right, I'm not following XVC market. My assumption came from the screenshot below, though I can't tell what part of this volume were buys from sell orders:

What we see in the long term view is that the market has crashed big time. Now if you zoom in close enough, you can always see optimism, but people tend to look at long term graphics to take decisions, so I don't see how because there is an uptrend (a very subtle uptrend of only days) means it's going to pump. It pump or it may see another big crash, it's impossible to know so pick your poison and gamble on.

[cryptohunter]

A ~90 BTC dump caused the price to crash down to 2k satoshi. I don't get for what he's crying about, since XVC has pretty good price and buy support (currently ~126 BTC on Poloniex). The dev had plenty of chances to make money and I think he already did. Not sure what were the buy orders, but that dump has caused a big loss not only to the people previously bought Vcash, but to the dumper/s as well. Plain stupid.....

It was 25 btc buyorders before the crash. This is just someone holding the price up.

Maybe you're right, I'm not following XVC market. My assumption came from the screenshot below, though I can't tell what part of this volume were buys from sell orders:

What we see in the long term view is that the market has crashed big time. Now if you zoom in close enough, you can always see optimism, but people tend to look at long term graphics to take decisions, so I don't see how because there is an uptrend (a very subtle uptrend of only days) means it's going to pump. It pump or it may see another big crash, it's impossible to know so pick your poison and gamble on.

Looks to have steadied around 13-15k.

[TrueAnon]

This is very sad.
I think dead for long time now.