Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer

[Cryptomancer]

Lost 75% of its  peak value, those that bought in at $8 are never going to see there money back, infact if you bought at $5 your stuffed. Plenty of other ASIC resistant coins coming out now, nothing unique about Vert any more.

What's unique about Litecoin now that there are 750 coins out there?

[FreePls]

Lost 75% of its  peak value, those that bought in at $8 are never going to see there money back, infact if you bought at $5 your stuffed. Plenty of other ASIC resistant coins coming out now, nothing unique about Vert any more.

yes sell all your coins and in some weeks i will enjoy your  "OMG FUCK WHY DID I SOLD IT" comments

[Macno]

This is more advanced than the Ethereum dagger algorithm 
VTC = Ethereum 2.0

Why? Care to explain? Thanks!

[tprogex]

I'm full buying VTC its so low now.And I believe it will have its niche yes new asic resitant coins will come but VTC already here in exchanges have pools and some marketing  I do'nt know will it go back to 8 usd but I know what 1.5-2 usd good price to buy for this coin.

[brooklynite]

So who has all these VTC to sell? Looks like some people had a better software to mine than others and got lot more coins here.

The site kilovolt with several miner download links in OP is not working. Was this a scam coin?

[ghcannon]

Stop fudding and get on your lazy bum and use a search function to find the miner, it's not that hard.

[Vertcoin]

So who has all these VTC to sell? Looks like some people had a better software to mine than others and got lot more coins here.

The site kilovolt with several miner download links in OP is not working. Was this a scam coin?

Sorry for your inconvenience, I have updated the links.

[BorisTheSpider]

So who has all these VTC to sell?

Perhaps people who brought them at $0.50 a couple of weeks ago and are cashing out their 300% profit?

Or miners who need to cash out immediately and are mining VTC because it's so massively profitable?

The site kilovolt with several miner download links in OP is not working. Was this a scam coin?

I'll ask Bushido to update the OP - Aleks had to move the binaries from Kilovolt because they throw a false positive in several antivirus programs (simply because they are a mining program, and mining programs are often installed as malware by botnets). The new updated links are already correct on http://vertcoin.org

[dotnetmin]

ok mates take a look here and tell me if i made some mistake (in the concept, calculations are approximate)



i took day by day an average of this whale's operation, average price * number coins eaten that day.

so it looks like this guy spent about 448 BTC in VTC.

to go out without profit, he should sell his 96k coins at an average price of 0,046 BTC.

someone who has got such big pockets should be able to push the price up to the moon, almost as much as he wants.



well, i think i'm buying some more. lol.

Thanks for doing you sheet - bring it together with a screen shoot of the chart so other also understand what you want to say

http://bitinfocharts.com/vertcoin/address/Vjf6QRCF1AsaMUeGBpN8ZtN2z2htiGkZXr

Somebody bought for a lot of BTC some VTC, and i think he always manipulatd down the price with sellwalls to get them cheaper and cheaper

He did spend from Feb-8 until today 96,000 VTC and has to pay around 448 BTC

We don´t know if he was buying or mining, but for this volume you must have a rig with minimum 150 MH
For me it looks like this volume comes from buying on cryptsy

Any other ideas on this - i think it´s very important to understand what happens to VTC within the last 10 Days

Maybe make you Excel sheet a bit more detailed and bring all informations together - This is very impotant for inverstors who feelde scammed.
The pullback of this action has to come and all people buy at higher prices should hold be to get pulled out from this whale

[Vertcoin]

ok mates take a look here and tell me if i made some mistake (in the concept, calculations are approximate)



i took day by day an average of this whale's operation, average price * number coins eaten that day.

so it looks like this guy spent about 448 BTC in VTC.

to go out without profit, he should sell his 96k coins at an average price of 0,046 BTC.

someone who has got such big pockets should be able to push the price up to the moon, almost as much as he wants.



well, i think i'm buying some more. lol.

Thanks for doing you sheet - bring it together with a screen shoot of the chart so other also understand what you want to say

http://bitinfocharts.com/vertcoin/address/Vjf6QRCF1AsaMUeGBpN8ZtN2z2htiGkZXr

Somebody bought for a lot of BTC some VTC, and i think he always manipulatd down the price with sellwalls to get them cheaper and cheaper

He did spend from Feb-8 until today 96,000 VTC and has to pay around 448 BTC

We don´t know if he was buying or mining, but for this volume you must have a rig with minimum 150 MH
For me it looks like this volume comes from buying on cryptsy

Any other ideas on this - i think it´s very important to understand what happens to VTC within the last 10 Days

IMO, he or she has 2000 BTC to buy VTC.

[BorisTheSpider]

http://bitinfocharts.com/vertcoin/address/Vjf6QRCF1AsaMUeGBpN8ZtN2z2htiGkZXr

The whale is still not done eating. In fact, his buying has ramped up a gear today.

[turtoro]

Ive been following the darkcoin developments and it got me thinking.

If/when anonymity is introduced into Vert, it can be marketing as first "total package" coin. Most innovative coins coming out serving a specialized or niche area, whereas Vert has the best of all worlds.

Asic resistance friendly to miners
anonimity
strong brand
potential real world adoption
visible and public developers
professional marketing and ease of use
etc etc

It will be the first coin to integrate the best of the 3 pillars of crypto (mining, anonymity, mainstream attraction).

[SnakeEater]

The total coins is too small at the moment and big shark are waiting to swallow millions but the supply is only thousands.  Buying volume does not mean anything as the shark will pop the price when mining network hashrate increases.

This is new crypto and many miners are still struggling to optimize the mining rig or get it running.  The difficulty will means development of ASIC much longer.  It took a year to develop scrypt ASIC and probably 3 to 5 years for a memory upgradable ASIC solutions.  At such low price it will deter the ASIC hardware investment as well.  Currently there is no sustainable buying volume and I see VTC prices will stabalise eventually to 0.023 ~ 0.026 this 2 days and until the selling volume hit 1,000,000 .... 1 day mining  produce 50 x 60 / 2.5 x 24 =  VTC = 28800.  If Invester want $30k a day a mining a year only make $10 million which is only 15% of DOGE capitalization.

To scale up the usable network to have $1 billion network in a year you need VTC price up 100x which is more profitable than LTC of price up 60x in a year.

Direct USD conversion will be 1 VTC = $100 USD instead of $1 now.

So the network hashrate need to scale up by 100x from now 4GH to 400GH/s or 500% LTC network.  Holding 10k VTC will be millionaire equivalent.

Well your math checks out, but since I'm no economy master I'll trust you on the logic

Thanks and please keep posting your thoughts like that

Values are psychological and crypto is the right place. All commodties weight by physical units like pounds, units of quantity, one dozen etc.

Naked short selling is not possible but a 51% could be given such a low network hashrate now.  Fortunately most scrypt are ASIC and I guess there are at least 100GH/s scrypt are ASIC now as DOGE is easily pump up and down at will and 80% DOGE concentrated in less than 0.8% address has proven the ASIC centralization has happened.

VERT is speculation proof and difficult to scale up like DOGE due to expensive DDR RAM.  I wish before network expand, miners can implement human proof as a decentralize as mining activities is still 100% machine and very less human required.  Which means bankers are machines and not human.  To make crypto more human it must have human factor inside and ID password with 2FF or multiple authentication with pictures helps as a proof of human interactions

You can add sound authentication as well.
http://www.pcmag.com/article2/0,2817,2453515,00.asp

Miner client can even implement  sound authentication on top of digital authentication.

The key is not about authntication but a proof that each miner is a human instead of a dead ASIC zombie is more important factor of decentralization.  If the miners are decentralize by region, it is easily done in the network address resolution congestion diversion algorithm.  Example of theory: ( Take note that the theory applies on physical optical network but the same concept can applies to hashing power )
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.10.2285&rep=rep1&type=pdf

http://en.wikipedia.org/wiki/Bitmessage
BitMessage built with BitCoin core.

To achieve human recognition, this a BitMessage can be used to broadcast a Message randomly into the wallet address of miners and miners need to response with an answer during the deposit process.  VTC can be the postage fee for anyone who want to use encrypted BitMessge service provided by the VTC network.

[Keyser]

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.

[tsh]

ok mates take a look here and tell me if i made some mistake (in the concept, calculations are approximate)

http://imageshack.com/a/img822/9111/nw1m.jpg

i took day by day an average of this whale's operation, average price * number coins eaten that day.

so it looks like this guy spent about 448 BTC in VTC.

to go out without profit, he should sell his 96k coins at an average price of 0,046 BTC.

someone who has got such big pockets should be able to push the price up to the moon, almost as much as he wants.

Well, at today's price, even with a good margin for error, it seems there is some upside - this is assuming one buyer is encouraging the price to drop and is able to also encourage it back up. Alternatively, he's just making a speculative buy because to be honest, this isn't a massive investment he's made (with a potential 10x return being quite plausible).

[unhooked]

so what makes Darkcoin better than VTC?

[mega]

LOL!

You're lazy, we know.

I quote just one post for you:

You guys are amazing. those new features are  Shocked

Trading VTC for USD
p2p exchange,
Payment plugins
Talks with Mastercard

This is what I applaud to, this is how a virtual currency should be properly developed.
Buying another 50. Thanks!

what better what??

[unhooked]

LOL!

You're lazy, we know.

I quote just one post for you:

You guys are amazing. those new features are  Shocked

Trading VTC for USD
p2p exchange,
Payment plugins
Talks with Mastercard

This is what I applaud to, this is how a virtual currency should be properly developed.
Buying another 50. Thanks!

what better what??

I am all for VTC but was just looking at DRK surpassing VTC so was just curious. Apparently the whole anonymity thing is the only thing that seems to the differentiator betn the two

[publicjud]

http://bitinfocharts.com/vertcoin/address/Vjf6QRCF1AsaMUeGBpN8ZtN2z2htiGkZXr

The whale is still not done eating. In fact, his buying has ramped up a gear today.

That one address has 1/18th of all coins.  Not very good.....

[amarian12]

p2pool -  join us  - http://e-pool.net