Vertcoin [VTC][ANN] Segwit Activated | ASIC Resistant Decentralized GPU Mining

[Hyperjacked]

Very cheap below 10k sats IMO... 

[www.www]

The closer the target the more willing to play on it.
The true face of decentralization.
Although all the bruises go to the developer 
Segwit activation will write off everything and pay for everything.
It is better for everyone to make it first 

[SwedishGirl]

https://vtconline.org/sf.html

SegWit activation threshold   75%
Percentage SegWit (this period)   43.29%

falling with 20% for 1 day! What a scammy SegWit activation  

It's a nice dump and pump strategy if you have the hash power.

1. You direct hashrate (no segwit support) to VTC, price goes down you accumulate cheap coins.
2. You change to segwit support, price goes up, segwit activates.
3. Dump on everybody.

[DrkLvr_]

https://vtconline.org/sf.html

SegWit activation threshold   75%
Percentage SegWit (this period)   43.29%

falling with 20% for 1 day! What a scammy SegWit activation  

It's a nice dump and pump strategy if you have the hash power.

1. You direct hashrate (no segwit support) to VTC, price goes down you accumulate cheap coins.
2. You change to segwit support, price goes up, segwit activates.
3. Dump on everybody.

Are they waiting for closer to the block halving to support SegWit    

[BrotherJ]

https://vtconline.org/sf.html

SegWit activation threshold   75%
Percentage SegWit (this period)   43.29%

falling with 20% for 1 day! What a scammy SegWit activation  

It's a nice dump and pump strategy if you have the hash power.

1. You direct hashrate (no segwit support) to VTC, price goes down you accumulate cheap coins.
2. You change to segwit support, price goes up, segwit activates.
3. Dump on everybody.

That's certainly a possibility.

[etang6000]

https://www.youtube.com/watch?v=kOjEWWUIKQw&feature=youtu.be

[remistevens]

https://vtconline.org/sf.html

SegWit activation threshold   75%
Percentage SegWit (this period)   43.29%

falling with 20% for 1 day! What a scammy SegWit activation  

It's a nice dump and pump strategy if you have the hash power.

1. You direct hashrate (no segwit support) to VTC, price goes down you accumulate cheap coins.
2. You change to segwit support, price goes up, segwit activates.
3. Dump on everybody.

That's certainly a possibility.

Definitely possible. Here's another scenario. VTC segwit supporters went for it in the last period, rented miners, added capacity. Seeing that it was very close, the much deeper pockets behind the Vrn miner also rented more capacity to stop the VTC segwit team. (probably a whale coming from BTC or LTC segwit). The VTC segwit team had planned their attack, meaning whatever means they used to add capacity is now finished. Vrn guy was not planned but reactive and bought a ton of capacity not knowing what was to come- quick move to stop the segwit attempt. His rental contracts are now still in place, but VTC segwit team has given up their fight. So Vrn guy is now blowing them away- 40% segwit support.

[chilly2k]

https://vtconline.org/sf.html

SegWit activation threshold   75%
Percentage SegWit (this period)   43.29%

falling with 20% for 1 day! What a scammy SegWit activation  

It's a nice dump and pump strategy if you have the hash power.

1. You direct hashrate (no segwit support) to VTC, price goes down you accumulate cheap coins.
2. You change to segwit support, price goes up, segwit activates.
3. Dump on everybody.

That's certainly a possibility.

Definitely possible. Here's another scenario. VTC segwit supporters went for it in the last period, rented miners, added capacity. Seeing that it was very close, the much deeper pockets behind the Vrn miner also rented more capacity to stop the VTC segwit team. (probably a whale coming from BTC or LTC segwit). The VTC segwit team had planned their attack, meaning whatever means they used to add capacity is now finished. Vrn guy was not planned but reactive and bought a ton of capacity not knowing what was to come- quick move to stop the segwit attempt. His rental contracts are now still in place, but VTC segwit team has given up their fight. So Vrn guy is now blowing them away- 40% segwit support.

   I almost agree with you.  I think the Vrn guy has been just mining along and not paying attention.  A lot of pro -SegWit hash came online and pushed the average higher.  Another whale didn't like that so they came in with enough hash power to drop the average.  There was another address (not vrn) that was upgraded and no SegWit  They ended up around 12% of the hash rate.

   Now the Segwit hash and the noSegwit hash have left so Vrn looks like he's a higher percent of the hash.  I don't think he's actually increased hash, it just looks like it because a lot of others have left.   

[www.www]

VrnVLcJ7tNCSjMcSmG5p31XQowCLqqvG2F 52.57%.
Attack 51% is possible 

[reffi]

What happened with VTC this last few days? Can somebody explain to non-technical person?  I bought at 15k, still holding because the chart looks promising, but whats with all that segwit drama?

[remistevens]

What happened with VTC this last few days? Can somebody explain to non-technical person?  I bought at 15k, still holding because the chart looks promising, but whats with all that segwit drama?

Im non-technical as well, but here's what i think happened. Easiest to keep track of this page to see the segwit drama playing out:
https://vtconline.org/sf.html

On there you can see a "period". That's 2016 blocks. It takes about 3.5 days for a period to pass. In the last period, it looked like there was a war going on between people who want VTC upgraded to use Segwit (Segregated Witness) and those who don't want to upgrade. Segwit was created by bitcoin devs to help with bitcoin's scalabilty problem (it can't handle very much transaction traffic). VTC devs adapted a version to work with VTC. But for VTC segwit to be implemented, the segwit miners must get over 75% of all blocks within a period. During the last period, it looked at first like they were going to make it- which may have explained the huge price rise.

Short term, who knows where it'll go. Price could drop further, could also spike back up. VTC is probably a good long term bet though, coin is well supported and should be around for years to come. You may need to sit on those coins a while, but at some point VTC will be back over 15k.

[scamalert0]

VrnVLcJ7tNCSjMcSmG5p31XQowCLqqvG2F 52.57%.
Attack 51% is possible 

It looks nice when we heard segwit .. But since than coin price is droping like a hell ..
Can we see some nice development in price ..as every investor want ..hope for best 

[www.www]

I'm not attacking your brains. Vrn has been attacking the network for a long time.
And I do not know his plans with 51% hashrate. Just a statement of fact.
47% for now. You can calm down.
Although this weight also implies a high probability of double spending. Or anything else 

[DrkLvr_]

I'm not attacking your brains. Vrn has been attacking the network for a long time.
And I do not know his plans with 51% hashrate. Just a statement of fact.
47% for now. You can calm down.
Although this weight also implies a high probability of double spending. Or anything else  

saying he's been "attacking" the network is a bit of a stretch. he's mining with a lot of hash clearly, but he must support vertcoin to a certain degree if he's dedicating this many resources toward mining it                                                                                                                                                                                                                                                                                                            

[www.www]

Maybe. Nevertheless, his efforts are not given SW.
SW@LN are a big step forward from my point of view.
This will involve the Vertcoin in the BTC orbit.
Counteraction to this step, I consider an attack.
I hope this is a short-term leased capacity. And soon the opposition will be broken.
But these 51% showed the weakness of the network.
This is not safe at the moment 

[scamalert0]

Maybe. Nevertheless, his efforts are not given SW.
SW@LN are a big step forward from my point of view.
This will involve the Vertcoin in the BTC orbit.
Counteraction to this step, I consider an attack.
I hope this is a short-term leased capacity. And soon the opposition will be broken.
But these 51% showed the weakness of the network.
This is not safe at the moment 

VTC much like 0.000088 figure .. not moving much..

[LancarRejekina]

I've been waiting since 2014-01-20 ago, waiting for the latest technology, the latest news, progress and price back as the beginning appears. whether the coin controller VTC could no longer make the prices as before?

[Piston Honda]

I've been waiting since 2014-01-20 ago, waiting for the latest technology, the latest news, progress and price back as the beginning appears. whether the coin controller VTC could no longer make the prices as before?

lol...you and many others.  sorry to say (like BEFORE) this coin is DEAD as hell.  you may see a small "blip" of news with mini pump but that's it.  otherwise move on man.  most of these dead coins from 2014-2015 may have "HAD" big plans back then but most likely they were just fancy coins from devs to hype and then pump/dump with groups.  they've made their money so they don't care to support/maintain the coin now, so it dies.  i know it is hard lesson, but we have ALL learned this with different coins.  vert is dead just like vrc/vrm and via.  via MAYBE has a chance lol. 

[DrkLvr_]

I've been waiting since 2014-01-20 ago, waiting for the latest technology, the latest news, progress and price back as the beginning appears. whether the coin controller VTC could no longer make the prices as before?

lol...you and many others.  sorry to say (like BEFORE) this coin is DEAD as hell.  you may see a small "blip" of news with mini pump but that's it.  otherwise move on man.  most of these dead coins from 2014-2015 may have "HAD" big plans back then but most likely they were just fancy coins from devs to hype and then pump/dump with groups.  they've made their money so they don't care to support/maintain the coin now, so it dies.  i know it is hard lesson, but we have ALL learned this with different coins.  vert is dead just like vrc/vrm and via.  via MAYBE has a chance lol.  

and yet you can't resist coming to the thread regularly? Vertcoin has developers and isn't dead. Not even close. There's daily activity on reddit/slack, my wallet is connected to over 60 peers and VTC has a strong P2Pool mining network.

The coins you compare it to really shows your ignorance. Via is 99% mined (22.6 million out of 23 million) and merge-mined with Litecoin. VRC is a generic PoS shitcoin. Vert is only 39% of coins mined (33 out of 84 million) and block halving coming at the end of this year/beginning 2018.

Please keep sharing your thoughts about VTC, its a pleasure to hear from a Hero noob  

[tech-no]

I've been waiting since 2014-01-20 ago, waiting for the latest technology, the latest news, progress and price back as the beginning appears. whether the coin controller VTC could no longer make the prices as before?

lol...you and many others.  sorry to say (like BEFORE) this coin is DEAD as hell.  you may see a small "blip" of news with mini pump but that's it.  otherwise move on man.  most of these dead coins from 2014-2015 may have "HAD" big plans back then but most likely they were just fancy coins from devs to hype and then pump/dump with groups.  they've made their money so they don't care to support/maintain the coin now, so it dies.  i know it is hard lesson, but we have ALL learned this with different coins.  vert is dead just like vrc/vrm and via.  via MAYBE has a chance lol. 

but WHY would some people (vrn) spend so much money and effort to systematically block segwit activation on a DEAD coin? this coin is far from dead. and that vrn miner knows it very well also. maybe thay are afraid of VTC with segwit?