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Author Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer  (Read 1232487 times)
Keyser
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February 18, 2014, 01:28:27 AM
 #6121

It appears to not have connectivity because it isn't updating blocks.  I have also tried to update the conf file in ApppData with no luck.

I suspect a bad peers.dat or similar. Can you try closing the client, deleting everything other than wallet.dat from the data directory (normally c:\users\your-name\appdata\roaming\vertcoin) then reopening the wallet and letting it re-sync the blockchain.

PM me if you have any further issues and we'll talk that way to figure out how to fix it - there's a significant chance your posts get buried in the thread otherwise and don't get noticed.



Boris, PM sent.

Boris I sent by way of PM like you requested but haven't seen a response.  I tried your latest suggestion.  I removed all files from the Appdata folder except for wallet.dat.  I also updated the .conf file there.  When I opened the wallet, it did sync.  However, the 47 vtc transaction is still showing a grey question mark with 0/6 confirmations.

This attempted deposit to bter seems to be stuck in limbo.  I wish I could just cancel it back to my wallet balance.  If you have any other ideas or suggestions, please PM me.  
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February 18, 2014, 01:29:28 AM
 #6122

Balance   Addresses   % Addresses (Total)   Coins   $USD   % Coins (Total)
0 - 0.0001   149   0.97% (100%)   0.05638 VTC   0.09002 USD   0% (100%)
0.001 - 0.01   788   5.13% (99.03%)   2.90 VTC   4.63 USD   0% (100%)
0.01 - 0.1   2172   14.15% (93.89%)   57.01 VTC   91.02 USD   0% (100%)
0.1 - 1   1532   9.98% (79.74%)   675.73 VTC   1,079 USD   0.04% (100%)
1 - 10   3901   25.42% (69.76%)   15,447 VTC   24,665 USD   0.84% (99.96%)
10 - 100   4857   31.65% (44.34%)   176,650 VTC   282,057 USD   9.55% (99.12%)
100 - 1,000   1641   10.69% (12.69%)   466,050 VTC   744,141 USD   25.2% (89.57%)
1,000 - 10,000   288   1.88% (1.99%)   739,584 VTC   1,180,894 USD   40% (64.37%)
10,000 - 100,000   17   0.11% (0.12%)   349,683 VTC   558,340 USD   18.91% (24.37%)
100,000 - 1,000,000   1   0.01% (0.01%)   101,000 VTC   161,267 USD   5.46% (5.46%)

Nice score card of VERT.

Gotta love Crypto transparency.

Im buying more once this hits 18,000 Satoshi
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February 18, 2014, 01:35:14 AM
 #6123

I fail to understand how mining with the same rig can double earnings vs doge ? It's about equal nowadays with a bit uppper hand in vtc ? 5Mh/s doge about 0.05 btc. 2.5Mh/s vtc now is about 0.06 btc? Am i missing anything ?

The "double earnings" aspect is with respect to my historical earnings with DOGE. At the current difficulty, estimates put me at about 0.03 BTC/day with my hashrate, so not quite double. Even then, when I compared my average daily earnings over a 14 day period on DOGE, I found that I was consistently about 30% under the what most estimate calculators put me at. So while it's idle speculation, I would still say that in reality, I would be making 0.025-0.03 BTC/day on DOGE, and my actual earnings with VTC (with the suppressed exchange) are >0.04 BTC/day.

Interestingly, it seems that over the past couple weeks I've been able to get very close to my "estimated daily earnings" listed on the pool, which was never the case with DOGE. I don't know if there is just more fluctuation with DOGE or what, but I personally like knowing that at my hashrate, the calculators say 15 coins and I get ~15 coins.



I have the same observations.  The published expected scrypt on DOGE is maximum at 70% and I believe ASIC in stealth operation so the difficulty unable to adjust itself and that is a ASIC advantage and yet the network hashrate appear calm. 

VERT hashrate does not grow despite strong income show that it is really ASIC resistant but speculation is one form of acceptance to show that is has values.
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February 18, 2014, 01:35:43 AM
 #6124

I always thought 25,000 Satoshi was a crazy price for an altcoin, but I still bought a lot trusting the developers. What I didn't think for a second was that since the miner is messed with, it would be so easy to have multiple versions with the one that is public gaining the least coins when used and the "private" version mining at 100 or 1000x speed. I will think again next time a coin does not use the standard CGMiner/ BFGMiner.

There is no special miner... If you are getting 50% hashrate of the normal scrypt used for Litecoin, then that's the best you are going to get.

I get exactly 50% of my N=1024 scrypt miner when using Vertcoinminer. Please don't spread baseless conspiracy theories.
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February 18, 2014, 01:40:10 AM
 #6125

If been following these posts for about a week now and this is my first post. Hello fellow verters :-) I'm from the UK.

 Makes me laugh how people who have invested in this coin don't understand what's happening here and continue to think 'short term' despite taking in everything that has been posted in this forum. The mining profitability is too high right now. People also sell to buy at a cheaper price because they are relying on the continued fall. The whale who is buying in these quantities clearly values the coin and expects it to rise in the future(Again i see this as a positive) Why can't people who hold these coins just show a little patience. Buy if you can or hold. (I'd suggest buy). You are being given an opportunity to make more money when this coin really takes off. People posting stuff like 'It's gonna go below 0.002. It just creates panic and more people will make the wrong choice in bailing. Best off keeping those thoughts to yourself. It benefits noone.
 
Fortunately its not going to stay this way. I've observed a lot of different views on vertcoin all around the web and noticed there are a lot of people wanting this coin to fail because they see it's a threat.... Personally that pleases me.... I couldn't care less what the price is at now... I care what it's at in one year... I know nothing about mining and am no techy but I am willing to help you devs where ever I can to help bring Vertcoin to the next level. It's in my own interest afterall. The currency exchange and amazon Digipay is very positive for this coin. Anyway keep up the good work guys. Stay strong
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February 18, 2014, 01:41:29 AM
 #6126


Boris I sent by way of PM like you requested but haven't seen a response.  I tried your latest suggestion.  I removed all files from the Appdata folder except for wallet.dat.  I also updated the .conf file there.  When I opened the wallet, it did sync.  However, the 47 vtc transaction is still showing a grey question mark with 0/6 confirmations.

This attempted deposit to bter seems to be stuck in limbo.  I wish I could just cancel it back to my wallet balance.  If you have any other ideas or suggestions, please PM me.  

Sorry Keyser, been so busy.

Please can you email me your debug.log (from the data directory) to boris@vertcoin.org and I'll take a look. Please include the txid and any other information about the transaction that you posted earlier in the thread, and we'll figure out what the problem is.
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February 18, 2014, 01:44:41 AM
 #6127

since the miner is messed with, it would be so easy to have multiple versions with the one that is public gaining the least coins when used and the "private" version mining at 100 or 1000x speed

I have no idea if you are a shill, or just not technical enough to understand. There is no "magic" scrypt miner that's hidden away anywhere, if there was, scrypt would be a broken algorithm - it's kind of fundamental when we're talking about cryptographic primitives that if something takes a certain amount of work to do, there are no shortcuts - that's just how much work it takes.

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February 18, 2014, 01:47:08 AM
 #6128

I've observed a lot of different views on vertcoin all around the web and noticed there are a lot of people wanting this coin to fail because they see it's a threat.... Personally that pleases me.... I couldn't care less what the price is at now... I care what it's at in one year...

Indeed. People are even less sensible than I gave them credit for (and that is saying something). If you're looking for something that you need to watch the price of minute-to-minute, perhaps VTC is not the coin for you. Sigh, as though a year can be considered a "long term" investment anyway, but going by some of the posts around here, you'd think it was a lifetime!

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February 18, 2014, 01:52:54 AM
 #6129

I told you and you guys wouldn't listen, no pitty for stubborn bagholders  Grin
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February 18, 2014, 01:53:09 AM
 #6130

Quote
If been following these posts for about a week now and this is my first post. Hello fellow verters :-) I'm from the UK.

 Makes me laugh how people who have invested in this coin don't understand what's happening here and continue to think 'short term' despite taking in everything that has been posted in this forum. The mining profitability is too high right now. People also sell to buy at a cheaper price because they are relying on the continued fall. The whale who is buying in these quantities clearly values the coin and expects it to rise in the future(Again i see this as a positive) Why can't people who hold these coins just show a little patience. Buy if you can or hold. (I'd suggest buy). You are being given an opportunity to make more money when this coin really takes off. People posting stuff like 'It's gonna go below 0.002. It just creates panic and more people will make the wrong choice in bailing. Best off keeping those thoughts to yourself. It benefits noone.
 
Fortunately its not going to stay this way. I've observed a lot of different views on vertcoin all around the web and noticed there are a lot of people wanting this coin to fail because they see it's a threat.... Personally that pleases me.... I couldn't care less what the price is at now... I care what it's at in one year... I know nothing about mining and am no techy but I am willing to help you devs where ever I can to help bring Vertcoin to the next level. It's in my own interest afterall. The currency exchange and amazon Digipay is very positive for this coin. Anyway keep up the good work guys. Stay strong

+1

This post reflects entirely what I think about this coins.

90% of miners are at altcoins just for the short term / fast profitability. I don't blame them. Everyone is here for the profit. BUT, vertcoin is not like other coins. Vertcoin, as I truly believe, is here for the long term -to make a change in crypto's and is threatening a lot of people. Proof of that is that big "whale" buying thousands of VTC's by the day.

Guys, if you feel this coin as potential, keep on it. ASICS are centralizing the cryptocoins, therefore, we need this. Remember, a coin its not just about the dev's. A coin is the community. And we are here!

Im not holding... I'm believing!



Got my account back! It was hacked. Sorry about it :|
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February 18, 2014, 01:58:12 AM
 #6131

@Boris, I wouldn't attack anyone if I were you since you are part of the Vertcoin team. Play it cool and diplomatic, the system takes care of weeds. Hope you represent well and I understand it is tough to control the emotion sometimes Smiley
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February 18, 2014, 02:02:28 AM
 #6132

I told you and you guys wouldn't listen, no pitty for stubborn bagholders  Grin

Are you 12 or something? My bag must be made out of 24ct gold then ;-)
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February 18, 2014, 02:19:07 AM
 #6133

Someone technically inclined should promote VTC at the Crypto convention

http://cryptocurrencyconvention.com/

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February 18, 2014, 02:22:46 AM
 #6134

Devs, Is there an established forum specifically for Vertcoin holders?
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February 18, 2014, 02:27:10 AM
 #6135

Quote
If been following these posts for about a week now and this is my first post. Hello fellow verters :-) I'm from the UK.

 Makes me laugh how people who have invested in this coin don't understand what's happening here and continue to think 'short term' despite taking in everything that has been posted in this forum. The mining profitability is too high right now. People also sell to buy at a cheaper price because they are relying on the continued fall. The whale who is buying in these quantities clearly values the coin and expects it to rise in the future(Again i see this as a positive) Why can't people who hold these coins just show a little patience. Buy if you can or hold. (I'd suggest buy). You are being given an opportunity to make more money when this coin really takes off. People posting stuff like 'It's gonna go below 0.002. It just creates panic and more people will make the wrong choice in bailing. Best off keeping those thoughts to yourself. It benefits noone.
 
Fortunately its not going to stay this way. I've observed a lot of different views on vertcoin all around the web and noticed there are a lot of people wanting this coin to fail because they see it's a threat.... Personally that pleases me.... I couldn't care less what the price is at now... I care what it's at in one year... I know nothing about mining and am no techy but I am willing to help you devs where ever I can to help bring Vertcoin to the next level. It's in my own interest afterall. The currency exchange and amazon Digipay is very positive for this coin. Anyway keep up the good work guys. Stay strong

+1

This post reflects entirely what I think about this coins.



90% of miners are at altcoins just for the short term / fast profitability. I don't blame them. Everyone is here for the profit. BUT, vertcoin is not like other coins. Vertcoin, as I truly believe, is here for the long term -to make a change in crypto's and is threatening a lot of people. Proof of that is that big "whale" buying thousands of VTC's by the day.

Guys, if you feel this coin as potential, keep on it. ASICS are centralizing the cryptocoins, therefore, we need this. Remember, a coin its not just about the dev's. A coin is the community. And we are here!

Im not holding... I'm believing!



well whoever this whale is, be it some private investor or cryptsy (which I almost half believe it is)
whoever owns all those coins dumped some serious cash into them.. think about this, people.
 at $3 per vertcoin, (average between $7 and its current price) this dude has spent over $300000 usd on vtc.. either he knows something the rest of us dont, or hes gonna pump the hell out of it to make a profit once he has a significant share to alter the market... meaning to see a slim profit, vtc needs to be at $5-7 per..  for him to make a significant profit (double his money) vtc needs to be at $10-14

I cant see someone willingly throw $300000 away for a "junk" or cheap p&d coin.
people with that kind of money usually only spend it on things that will make them MORE money.. not less

if this whale is buying in order to profit. im hanging on for the ride.

either that or its a scammer/hacker address
or some billionaire playing day trader and not really giving a crap about losing a few hundred k.

im going with the first scenario, it makes the most sense to me.
be patient people... something will happen eventually and it will trigger a massive spike in price.

what caused the big price spike this month?
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February 18, 2014, 02:46:33 AM
 #6136

Devs, Is there an established forum specifically for Vertcoin holders?

http://vertcoinforum.com/

Quote
well whoever this whale is, be it some private investor or cryptsy (which I almost half believe it is)
whoever owns all those coins dumped some serious cash into them.. think about this, people.
 at $3 per vertcoin, (average between $7 and its current price) this dude has spent over $300000 usd on vtc.. either he knows something the rest of us dont, or hes gonna pump the hell out of it to make a profit once he has a significant share to alter the market... meaning to see a slim profit, vtc needs to be at $5-7 per..  for him to make a significant profit (double his money) vtc needs to be at $10-14

I cant see someone willingly throw $300000 away for a "junk" or cheap p&d coin.
people with that kind of money usually only spend it on things that will make them MORE money.. not less

if this whale is buying in order to profit. im hanging on for the ride.

either that or its a scammer/hacker address
or some billionaire playing day trader and not really giving a crap about losing a few hundred k.

im going with the first scenario, it makes the most sense to me.
be patient people... something will happen eventually and it will trigger a massive spike in price.

what caused the big price spike this month?

True story!

This got to mean something!

Got my account back! It was hacked. Sorry about it :|
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February 18, 2014, 02:47:26 AM
 #6137

Quote
If been following these posts for about a week now and this is my first post. Hello fellow verters :-) I'm from the UK.

 Makes me laugh how people who have invested in this coin don't understand what's happening here and continue to think 'short term' despite taking in everything that has been posted in this forum. The mining profitability is too high right now. People also sell to buy at a cheaper price because they are relying on the continued fall. The whale who is buying in these quantities clearly values the coin and expects it to rise in the future(Again i see this as a positive) Why can't people who hold these coins just show a little patience. Buy if you can or hold. (I'd suggest buy). You are being given an opportunity to make more money when this coin really takes off. People posting stuff like 'It's gonna go below 0.002. It just creates panic and more people will make the wrong choice in bailing. Best off keeping those thoughts to yourself. It benefits noone.
 
Fortunately its not going to stay this way. I've observed a lot of different views on vertcoin all around the web and noticed there are a lot of people wanting this coin to fail because they see it's a threat.... Personally that pleases me.... I couldn't care less what the price is at now... I care what it's at in one year... I know nothing about mining and am no techy but I am willing to help you devs where ever I can to help bring Vertcoin to the next level. It's in my own interest afterall. The currency exchange and amazon Digipay is very positive for this coin. Anyway keep up the good work guys. Stay strong

+1

This post reflects entirely what I think about this coins.



90% of miners are at altcoins just for the short term / fast profitability. I don't blame them. Everyone is here for the profit. BUT, vertcoin is not like other coins. Vertcoin, as I truly believe, is here for the long term -to make a change in crypto's and is threatening a lot of people. Proof of that is that big "whale" buying thousands of VTC's by the day.

Guys, if you feel this coin as potential, keep on it. ASICS are centralizing the cryptocoins, therefore, we need this. Remember, a coin its not just about the dev's. A coin is the community. And we are here!

Im not holding... I'm believing!



well whoever this whale is, be it some private investor or cryptsy (which I almost half believe it is)
whoever owns all those coins dumped some serious cash into them.. think about this, people.
 at $3 per vertcoin, (average between $7 and its current price) this dude has spent over $300000 usd on vtc.. either he knows something the rest of us dont, or hes gonna pump the hell out of it to make a profit once he has a significant share to alter the market... meaning to see a slim profit, vtc needs to be at $5-7 per..  for him to make a significant profit (double his money) vtc needs to be at $10-14

I cant see someone willingly throw $300000 away for a "junk" or cheap p&d coin.
people with that kind of money usually only spend it on things that will make them MORE money.. not less

if this whale is buying in order to profit. im hanging on for the ride.

either that or its a scammer/hacker address
or some billionaire playing day trader and not really giving a crap about losing a few hundred k.

im going with the first scenario, it makes the most sense to me.
be patient people... something will happen eventually and it will trigger a massive spike in price.

what caused the big price spike this month?

Well stated.

Unless he's the absolute dumbest man on earth, I can only see this as him knowing that this stuff is going to skyrocket

a) because of his own personal pumping efforts

or

b) organically because of the substantial following this coin garnered after only a few days.  


I doubt anyone with that kind of expendable income would knowingly choose to 'invest' in a coin that he knew was bound to lose money on medium to long term.  There is definitely something going on behind the scenes, and I have a feeling he has his finger on it.

(btw, Fontase was HUGE on vtc when it first came out and hounded people to get in on it early.  not sure if he is in any way related to all this, but it would seem to fit with the patterns of his usual antics)
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February 18, 2014, 02:52:58 AM
 #6138

Quote
If been following these posts for about a week now and this is my first post. Hello fellow verters :-) I'm from the UK.

 Makes me laugh how people who have invested in this coin don't understand what's happening here and continue to think 'short term' despite taking in everything that has been posted in this forum. The mining profitability is too high right now. People also sell to buy at a cheaper price because they are relying on the continued fall. The whale who is buying in these quantities clearly values the coin and expects it to rise in the future(Again i see this as a positive) Why can't people who hold these coins just show a little patience. Buy if you can or hold. (I'd suggest buy). You are being given an opportunity to make more money when this coin really takes off. People posting stuff like 'It's gonna go below 0.002. It just creates panic and more people will make the wrong choice in bailing. Best off keeping those thoughts to yourself. It benefits noone.
 
Fortunately its not going to stay this way. I've observed a lot of different views on vertcoin all around the web and noticed there are a lot of people wanting this coin to fail because they see it's a threat.... Personally that pleases me.... I couldn't care less what the price is at now... I care what it's at in one year... I know nothing about mining and am no techy but I am willing to help you devs where ever I can to help bring Vertcoin to the next level. It's in my own interest afterall. The currency exchange and amazon Digipay is very positive for this coin. Anyway keep up the good work guys. Stay strong

+1

This post reflects entirely what I think about this coins.



90% of miners are at altcoins just for the short term / fast profitability. I don't blame them. Everyone is here for the profit. BUT, vertcoin is not like other coins. Vertcoin, as I truly believe, is here for the long term -to make a change in crypto's and is threatening a lot of people. Proof of that is that big "whale" buying thousands of VTC's by the day.

Guys, if you feel this coin as potential, keep on it. ASICS are centralizing the cryptocoins, therefore, we need this. Remember, a coin its not just about the dev's. A coin is the community. And we are here!

Im not holding... I'm believing!



well whoever this whale is, be it some private investor or cryptsy (which I almost half believe it is)
whoever owns all those coins dumped some serious cash into them.. think about this, people.
 at $3 per vertcoin, (average between $7 and its current price) this dude has spent over $300000 usd on vtc.. either he knows something the rest of us dont, or hes gonna pump the hell out of it to make a profit once he has a significant share to alter the market... meaning to see a slim profit, vtc needs to be at $5-7 per..  for him to make a significant profit (double his money) vtc needs to be at $10-14

I cant see someone willingly throw $300000 away for a "junk" or cheap p&d coin.
people with that kind of money usually only spend it on things that will make them MORE money.. not less

if this whale is buying in order to profit. im hanging on for the ride.

either that or its a scammer/hacker address
or some billionaire playing day trader and not really giving a crap about losing a few hundred k.

im going with the first scenario, it makes the most sense to me.
be patient people... something will happen eventually and it will trigger a massive spike in price.

what caused the big price spike this month?

What you say here makes a lot of sense. This could just be someone who wants to make a killing. Why would a competitor spend all this money and time to try and bring down one of so many alt coins unless of course it really is a threat (who knows). We can't control it. I'd like to concentrate on things that we can control.

You can bring down the price of gold but it's still gold at the end of the day. That would just be delaying the inevitable...

I believe that being a new coin, Vertcoin took off too quickly and as much as people don't want to hear it... It is re-adjusting to the path it should be on. I got to admit i'm not over the moon about buying up when the price was higher but I understood the risks when I did... I was always in it for the long haul. You can't take a leopards spots away though. This coin has something others do not. I'm looking forward to it's continued development through the us and downs. I BELIEVE.
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February 18, 2014, 03:10:26 AM
 #6139

I noticed Vertcoin is on facebook... I'm going to share this page to all my friends. If everyone did that we might get some more exposure through the social networking sites. What this coin has is 'commitment factor'. Most people have heard of what bitcoin is but most people feel they have missed out on that boat. Would be a great way of introducing people to cryptocurrency via Vertcoin. We are at the perfect stage for people to come in and buy while it's cheap... Just an idea. Can't hurt  Cool
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February 18, 2014, 03:22:19 AM
 #6140

You talking about promotion but I tried to find a payment processor for popular web shop engines and did not get it. I can write a payment plugin for VirtueMart 2 with moolah.ch payment, so can anyone PM me a contacts of moolah.ch owner?
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