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OPTiK
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June 22, 2014, 07:07:41 PM |
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too bad how those dev guys behave.
If that's how you feel, why don't YOU do some unpaid work on VTC, instead of whining like a bitch? QFT  On a serious note, there are some things that people are concerned about. Another AMA may help people understand what is going on in the background and settle some nerves. I understand that the dev team doesn't want money, but if people want to donate maybe they can setup a PR donation account. That way at least there is some sort of fund somewhere that can be used for things that come up (like PR). |
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turtoro
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June 22, 2014, 07:10:24 PM |
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too bad how those dev guys behave.
If that's how you feel, why don't YOU do some unpaid work on VTC, instead of whining like a bitch? QFT On a serious note, there are some things that people are concerned about. Another AMA may help people understand what is going on in the background and settle some nerves. I understand that the dev team doesn't want money, but if people want to donate maybe they can setup a PR donation account. That way at least there is some sort of fund somewhere that can be used for things that come up (like PR). For the record. Sx addresses and pr campaign are slated for end of June. Leave the ama requests until then. There is nothing to say until then. The inflation "vote" is also very important if it comes to pass. |
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ymer
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June 22, 2014, 07:11:41 PM |
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too bad how those dev guys behave.
If that's how you feel, why don't YOU do some unpaid work on VTC, instead of whining like a bitch? QFT On a serious note, there are some things that people are concerned about. Another AMA may help people understand what is going on in the background and settle some nerves. I understand that the dev team doesn't want money, but if people want to donate maybe they can setup a PR donation account. That way at least there is some sort of fund somewhere that can be used for things that come up (like PR). For the record. Sx addresses and pr campaign are slated for end of June. Leave the ama requests until then. There is nothing to say until then. The inflation "vote" is also very important if it comes to pass. I could help spread the word about SX, but there isn't a clear explanation on what exactly it does, I think if we had that info we could start promoting it. |
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Jiggy0001
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June 22, 2014, 07:13:25 PM |
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yeah the core of the community "understands" what is going on man thats like kindergarden. instead of taking care and making plans of improving we are having this accusations when someone comes up with REAL criticism. I am worried about the basics of this coin... Who is going to mine that coin when it becomes worthless? Why not switching over to another algo? Why do they refuse to receive money? Btw. SX addresses are really simple in their usability thats what makes it so great... Of course selling is not an option right now, but sustaining this magical 1USD level would be the first step. This has been always the main argument of the "smart" supporters. but it seems those guys also realized that this is not worth mentioning anymore ^^ |
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turtoro
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June 22, 2014, 07:14:25 PM |
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too bad how those dev guys behave.
If that's how you feel, why don't YOU do some unpaid work on VTC, instead of whining like a bitch? QFT On a serious note, there are some things that people are concerned about. Another AMA may help people understand what is going on in the background and settle some nerves. I understand that the dev team doesn't want money, but if people want to donate maybe they can setup a PR donation account. That way at least there is some sort of fund somewhere that can be used for things that come up (like PR). For the record. Sx addresses and pr campaign are slated for end of June. Leave the ama requests until then. There is nothing to say until then. The inflation "vote" is also very important if it comes to pass. I could help spread the word about SX, but there isn't a clear explanation on what exactly it does, I think if we had that info we could start promoting it. Its alpha. On Mon. Its not even in Vtc yet. Its not a coincidence that the pr push is planned alongside with sx rollout. There is nothing to explain to people until its implemented. |
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turtoro
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June 22, 2014, 07:17:43 PM |
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yeah the core of the community "understands" what is going on man thats like kindergarden. instead of taking care and making plans of improving we are having this accusations when someone comes up with REAL criticism. I am worried about the basics of this coin... Who is going to mine that coin when it becomes worthless? Why not switching over to another algo? Why do they refuse to receive money? Btw. SX addresses are really simple in their usability thats what makes it so great... Of course selling is not an option right now, but sustaining this magical 1USD level would be the first step. This has been always the main argument of the "smart" supporters. but it seems those guys also realized that this is not worth mentioning anymore ^^ All your questions have been answered in previous posts. I dont know what else you are looking for short of an immediate fix this very minute. |
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nonny12
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June 22, 2014, 07:17:47 PM |
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If that's how you feel, why don't YOU do some unpaid work on VTC, instead of whining like a bitch? If so, why not raise some fund to to pay the devs for the good work and perhaps hire a community manager who can keep the community better informed with ongoing projects? I'm sure Verters will be happy to donate. The Vertcoin development team should be paid for their hard work. The Vertcoin community needs to address this and their other concerns. We need to open up a dialog between the community and the team, and come up with a management framework that can support this in a sustainable way. What do you think? I too support your point of view , VTC community should address this but how ?, should we start community donation for devs ? I am in for it. +1 We need devs to come out and tell us if they need incentives We have said, we never want money, but we are thinking about PR. As you can see, when Vertcoin release alpha testing on SX, no one knows about it. Someone has been thinking it is a CoinJoin or another form of Darksend. Someone still doesn't know what is SX. Why is better than other ? Why they should care ? I mean when Devs have done something, and other people don't know, that's kind of discourage. So, if you want to help us, please spread the word, what are we doing. How is it better than other coins ? You can go to Reddit or Vertcoinmarket and create a marketing campaign to promote or submit articles to media in order to let people who how good Vertcoin is, and why they should put invest in or become a part of Vertcoin community. There was this article http://www.coindesk.com/world-cup-startcoin-crowdfunding-vertcoin-stealth-move/I agree that more PR is needed. I'm willing to help with news releases, if someone wants to contact me. My background is not in media, but I'm willing to help spread the word. I can start Vertcoinmarket.com funding for a release, if that has not been done already, for example. |
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honest_pool
Newbie
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Activity: 6
Merit: 0
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June 22, 2014, 07:22:29 PM |
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Equate
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June 22, 2014, 07:25:07 PM |
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Thanks for the link , it cleared some of my doubts about Stealth addresses . |
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turtoro
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June 22, 2014, 07:31:03 PM |
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right but if this goes on like this... vtc will be at 1 sat before fpga miners arrive...
too bad how those dev guys behave.
the stealth address info made vtc pump to 0.0015 and after that it is going DOWN.
i remember someone talking about VTC considering skein algo. But all those issues should be mentioned heret too.
lets see what happens in the next two weeks.
Everyone is talking about new featureS, but stealth addresses are the one and only thing confirmed.
We have been warning people about this for over 2 months now. at .0015 , you need 50 BTC / DAY of "new BTC" every day just to stabilize the coin. That is not realistic for a coin like VTC. Coins that are "hotter" than this are barely getting 50-200 BTC range per day. 2 years ago people were not aware of inflation but right now everyone is and until VTC halve once or twice nobody that is sane is going to invest much in this as in 1 year from now there is going to be 300% more coins maybe and my investment will have been cute in 1/4th. Most PoS even if they are trash are stablizing and all PoW are going to the ground and burning in flames. I LOVE VTC but. you know... The good news is that the inflation issue is now on the table for discussion. That is a very positive sign. |
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cubevtc
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June 22, 2014, 07:37:53 PM |
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If that's how you feel, why don't YOU do some unpaid work on VTC, instead of whining like a bitch? If so, why not raise some fund to to pay the devs for the good work and perhaps hire a community manager who can keep the community better informed with ongoing projects? I'm sure Verters will be happy to donate. The Vertcoin development team should be paid for their hard work. The Vertcoin community needs to address this and their other concerns. We need to open up a dialog between the community and the team, and come up with a management framework that can support this in a sustainable way. What do you think? I too support your point of view , VTC community should address this but how ?, should we start community donation for devs ? I am in for it. +1 We need devs to come out and tell us if they need incentives We have said, we never want money, but we are thinking about PR. As you can see, when Vertcoin release alpha testing on SX, no one knows about it. Someone is still thinking it is a coinjoin or another form of Darksend. Someone still doesn't know what is SX. Why is better than other ? Why they should care ? I mean when Devs have done something, and other people don't know, that's kind of discourage. We hear you and we believe you are not after money for your great work and vision for Vertcoin. The community draws many benefits from your kindness and we are thankful to you. The problem with the market and the public in general, is that they are too busy and too 'layman' to understand that. Most of us are busy with our day-to-day work and our family life that we hardly have the time to read up and follow the development in the forum threads. And on and off, some of us would have doubts about whether the Vertcoin developers are being properly paid and can substain their work without pay. It becomes a confidence issue. And as it turns up, the public's confidence takes a nose dive when they perceive that the Vertcoin team is no longer answering questions. Well, in reality it is not true as the dev team is busy with implementing Stealth Address. BUT the perception, or rather the misperception is there and it spreads like fire. We need to address this misperception and (lack of) confidence issues. The Devs have done GREAT WORK and other people don't know. Well, it is true and I bet it will continue to be true until we address the root cause - the public are 'layman', and they are busy laymen with little time to read up and followup things. SO we need to _constantly and repeatedly communicate out_ the wonderful work of the Vertcoin team and why is SX better, more superior and more appropriate for the mainstream users. All these GREAT WORK of the Devs and communications need lots of time and efforts to make it successful. Time and efforts in this modern world unfortunately usually equate to money. (Hey we all need to pay bills and have our life don't we?) It is really better for the Dev team to accept donations from the community. If we are to do the communication right, say getting a PR or a PR team, we need MONEY to do that too. Donations on an adhoc basis is likely not going to work. I believe we need a way that can substain for the long haul. We need to appoint someone from the community to lead this - raise money through regular fund-raising activities and get the right PR people to do the job - talking to the Devs and publishing PR articles/videos/other media in a way where a layman can understand. What do you think? |
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zsp
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June 22, 2014, 07:43:24 PM |
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right but if this goes on like this... vtc will be at 1 sat before fpga miners arrive...
too bad how those dev guys behave.
the stealth address info made vtc pump to 0.0015 and after that it is going DOWN.
i remember someone talking about VTC considering skein algo. But all those issues should be mentioned heret too.
lets see what happens in the next two weeks.
Everyone is talking about new featureS, but stealth addresses are the one and only thing confirmed.
We have been warning people about this for over 2 months now. at .0015 , you need 50 BTC / DAY of "new BTC" every day just to stabilize the coin. That is not realistic for a coin like VTC. Coins that are "hotter" than this are barely getting 50-200 BTC range per day. 2 years ago people were not aware of inflation but right now everyone is and until VTC halve once or twice nobody that is sane is going to invest much in this as in 1 year from now there is going to be 300% more coins maybe and my investment will have been cute in 1/4th. Most PoS even if they are trash are stablizing and all PoW are going to the ground and burning in flames. I LOVE VTC but. you know... Could you explain please why you need 50 BTC / day at 0.0015 price to avoid inflation and why the investment will be 1/4th if the 50 BTC/day doesn't happen? |
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Jiggy0001
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June 22, 2014, 07:49:41 PM |
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every 24 hours 28800VTC are being created(correct me when i am wrong).
when you want to sustain a price at 0.0015 you will have to flood more than 40btc into the market to catch up with that inflation.
and you can be sure that miners are dropping their VTC directly to the exchanges.
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ymer
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June 22, 2014, 07:54:58 PM |
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every 24 hours 28800VTC are being created(correct me when i am wrong).
when you want to sustain a price at 0.0015 you will have to flood more than 40btc into the market to catch up with that inflation.
and you can be sure that miners are dropping their VTC directly to the exchanges.
I have been mining only VTC for two months and I plan to hold them. |
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turtoro
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June 22, 2014, 07:58:50 PM |
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every 24 hours 28800VTC are being created(correct me when i am wrong).
when you want to sustain a price at 0.0015 you will have to flood more than 40btc into the market to catch up with that inflation.
and you can be sure that miners are dropping their VTC directly to the exchanges.
I have been mining only VTC for two months and I plan to hold them. In fairness ymer, you are in the minority. As you know many miners need to take inherent costs into consideration and look for quick profit. This is why being a "miners only" coin is dangerous without other incentives to hold up demand. |
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Jiggy0001
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June 22, 2014, 08:04:10 PM |
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well... June will end in one week, so lets see what happens then.
To me this whole story reminds me the death of Mazacoin. An "active" dev team with "great" ideas didnt catch up and so it died.
0.001 is the threshold... now we are heading to 0.0005 (next threshold). Everything under this value equals DEATH.
less than 6btc left to reach 0.00053 on MP.
The depth chart looks like a death penalty.
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silencesilence
Legendary
Offline
Activity: 1120
Merit: 1000
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June 22, 2014, 08:06:42 PM |
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I am happy that the community wake up from deep sleep  need to discuss things to clear concept and great the way up nice by writing constantly in this topic because it goes to the first page in the main forum |
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turtoro
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June 22, 2014, 08:07:42 PM |
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well... June will end in one week, so lets see what happens then.
To me this whole story reminds me the death of Mazacoin. An "active" dev team with "great" ideas didnt catch up and so it died.
0.001 is the threshold... no we are heading to 0.0005 (next threshold). Everything under this value equals DEATH.
I have a lot more faith then you, and you are the one who is holding and I am the one waiting on the side ready to re-invest with nothing to lose. I have been following this dev team (bush, boris, othe, ben) for a while, they know what they are doing. We shall see. |
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Jiggy0001
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June 22, 2014, 08:09:13 PM |
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well i am holding and constantly buying... but right now i stopped, cause i am ready to see 0.0005 soon(perhaps mid of next week).
lets face the truth.
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