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

[ghcannon]

As if DRK has a market to spend those coins .. Value could and indeed so far for all coins does come from speculation.

I'd like to see vtc be one of the ones that actually get wider adoption.

[jacob019]

In Q3 we will have SCRYPT / SCRYPT-N ASIC.
Soon we will start taking pre-orders.

You guys see this?  Seems legit.

[Kalizar]

I'd agree with all those points, but the coin needs more to offer for it to make it big.
Other than asic resistance, and currently stealth addresses, legitimate uses for the coin.

As for human stupidity, yeah, people with money are still people. I wouldn't make money day trading if people with money weren't stupid too.

You forgot merged mining.

[Gaman]

Are we going to forward with a higher N if lightningasic does release an asic that supports a lower N? or are we going to change algo?

[iGoodw1n]

Are we going to forward with a higher N if lightningasic does release an asic that supports a lower N? or are we going to change algo?

+1 higher N.

[jk_14]

Are we going to forward with a higher N if lightningasic does release an asic that supports a lower N? or are we going to change algo?

+1 higher N.

definitely higher N is better solution - because was announced and planned from the beginning
change algo is last choice solution, imho

btw: official X11 fpga farm for rent:
https://www.betarigs.com/user/o2cad

spread the good news

[sammy007]

In Q3 we will have SCRYPT / SCRYPT-N ASIC.
Soon we will start taking pre-orders.

You guys see this?  Seems legit.

It seems no one care, because ASICs will never mine Vertcoin. Regardless of algo. Dev will change algo in case of some nasty ASIC on the horizon.

[Kalizar]

In Q3 we will have SCRYPT / SCRYPT-N ASIC.
Soon we will start taking pre-orders.

You guys see this?  Seems legit.

It seems no one care, because ASICs will never mine Vertcoin. Regardless of algo. Dev will change algo in case of some nasty ASIC on the horizon.

+1

This whole scenario has been planned out and discussed among the community long ago.

VTC will get forked and there will be a lot of unhappy ASIC Scrypt-N owners.


I would only see it doing well for VTC. After forking, news will break out that the developers mean it when they say ASIC resistance. ASIC customers hoping to mine VTC will spread their despairs, ultimately self-promoting Vertcoin.

[FiniteByDesign]

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[jacob019]

In Q3 we will have SCRYPT / SCRYPT-N ASIC.
Soon we will start taking pre-orders.

You guys see this?  Seems legit.

It seems no one care, because ASICs will never mine Vertcoin. Regardless of algo. Dev will change algo in case of some nasty ASIC on the horizon.

+1

This whole scenario has been planned out and discussed among the community long ago.

VTC will get forked and there will be a lot of unhappy ASIC Scrypt-N owners.

I would only see it doing well for VTC. After forking, news will break out that the developers mean it when they say ASIC resistance. ASIC customers hoping to mine VTC will spread their despairs, ultimately self-promoting Vertcoin.

This isn't a dedicated Scrypt-N miner, customers will be paying for an Scrypt miner that happens to mine Scrypt-N as a bonus.  I know if I bought one, I would mine VTC, especially if it was more profitable on that day.  You may not care but don't blame me when the diff starts rising while the price is falling.  This think WILL hit market, and when it does we need to be ready.  All this talk about VTC beating ASIC, but "no one cares".  Not very inspiring.

[BorisTheSpider]

vtcpool.co.uk is closing down
Please move your miners away, and withdraw your coins

Due to the huge success of p2pool, the issues encountered during a recent migration of the pool, and in order to spend more time on other projects that benefit VTC, I've taken the decision to close vtcpool.co.uk

The closure will take effect at 18:00 UTC on Thursday the 5th of June. The stratums will be put offline a day earlier to ensure miners who mine up until the last day can wait for coin maturity and withdraw.

Please withdraw any VTC you hold in the MPOS pool before the closure. The p2pool node suffered a failure between the last time I checked it and today, so has been offline for mining - the payout scripts continue to run, so will pay out any remaining VTC/MON between now and the closure.

[ghcannon]

Buy wall gone, destination oblivion :/

[BorisTheSpider]

You may not care but don't blame me when the diff starts rising while the price is falling.  This think WILL hit market, and when it does we need to be ready.  All this talk about VTC beating ASIC, but "no one cares".  Not very inspiring.

We are ready! We do care!

[amirmass]

wtf is wrong with vtc, and why that small sell orders on cryptsy..do something please

[Devasive]

You may not care but don't blame me when the diff starts rising while the price is falling.  This think WILL hit market, and when it does we need to be ready.  All this talk about VTC beating ASIC, but "no one cares".  Not very inspiring.

We are ready! We do care!

Me too!

[soulnecturn]

whats going on?
well this going on:

- no bigger good news for vtc lastly (well devs wrote that working on stealth but its still long ride and still not sure if will be the thing that will catch real attention)
- loads of holders believe that vtc is not dropping (hehe somehow instead that vtc is valued in btc in 99% cases many defending drop that its still is strong vs dollar... But honestly? well I am not one of them!)
- yesterday some info about asic for n-scrypt appeared - thats from the possible bad news that can head vtc even lower (generally I shit on this info as for me still vtc is not resistant because of n-factor but because it will make solution when needed...)
- loads believe vtc will dip even more... I would say its heading to ever lowest minimum that had 0.001235 btc around ... so still looks like will lose more on values.... (but who knows, might rise between, or might go even lower)....

I mine it... but basing on how most think and do about vtc I have feeling that as faster selling mined vtc for btc as much will profit. Will say it straight - I do believe in BTC! So if btc will rise and I know this ... and all knows well that if btc rise and vtc dropping... then whats the conclusion? :/

I am verter... mining hard vtc... doing all to not break market if deciding on selling single coin... but honestly reminding what I wrote weeks ago - IF price will be dropping like this ... vtc can be found at so big hole that even few whales wont safe it :/

Anyway still observing... when I see base to think it will rise and rise I will then most probably jump into buying... for now I am waiting as still have feeling to see it way deeper ..


here you go... here is the true you all know but somehow cant follow it

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[mig5000]

Lol you guys are delusional.

Price of VTC is far from steady, if effectively lost 50% in 2 weeks period.

What do you think will happen to VTC price if BTC price drop 50% tomorrow ? Do you really believe that VTC is going to jump to .0024 because of this ? What are you guys smoking. If BTC price drop to 600$ the VTC price will be ~65 cents and the marketcap will drop accordingly...

You guys really have an inflationary problem. All POW coins will have this. Miners are here to profit with their rigs and will dump into buyers. That's just how it works. I'm not saying turn this into a POS coin, but this coin is FAR from being a good long term value retainer investment. You need people to buy the 30 000 VTC produced each and every day and they usually do that in masses when a coin reaches certain millstone.

I believe VTC could hit 2 of them in a very short period of time at the start of July when the ASICs get into the game and when they get closer to releasing the SX addres for now I'm very cautious with VTC. I bought 2k's yesterday and I'm very likely to dump them again as there is literally no support as of now and thing might just heat up in 2 weeks from now which is a very long time in cryptoland.

[amirmass]

you guys dumping on people or what?..it's ur coin, pump it to 0.01 on stealth addresses project.. and people will panic buy