[ANN] VGC - VegasCoin

[gennadiv]

need to do something I was very happy when the price was very good before that.until I closed the stock exchanges. but croptopia I don't like the price and I stopped the extraction pump and now another coin.on the go in vain, I got it working by croptopia - ask izvinite for me is not an accurate translation

[1715030750]

1715030750

[dennislevy]

need to do something I was very happy when the price was very good before that.until I closed the stock exchanges. but croptopia I don't like the price and I stopped the extraction pump and now another coin.on the go in vain, I got it working by croptopia - ask izvinite for me is not an accurate translation

I agree with you gennadiv! Price sucks at Cryptopia, 1 satoshi, not profitable to mine! I found Brandon on Twitter, very active there.
Brandon and the other two partners, Sven and Kerrick. I have twitter, mailing address and phone number to contact Brandon. Their
internet marketing/advertising, not flourishing very well. Site looks, fantastic, but only have 2 customers testimonials.
http://www.briskadvertising.com I will try and contact Brandon, through twitter and business website. I think, if I can approach correctly,
we can get Vegas coin rolling in the right direction again. Just going to have to feel him, to see where he wants this to go. Let you know,
what I find out. Keep your fingers crossed! And maybe find a solution for every ones benefit!

Peace, Dennis

[thefix]

need to do something I was very happy when the price was very good before that.until I closed the stock exchanges. but croptopia I don't like the price and I stopped the extraction pump and now another coin.on the go in vain, I got it working by croptopia - ask izvinite for me is not an accurate translation

I agree with you gennadiv! Price sucks at Cryptopia, 1 satoshi, not profitable to mine! I found Brandon on Twitter, very active there.
Brandon and the other two partners, Sven and Kerrick. I have twitter, mailing address and phone number to contact Brandon. Their
internet marketing/advertising, not flourishing very well. Site looks, fantastic, but only have 2 customers testimonials.
http://www.briskadvertising.com I will try and contact Brandon, through twitter and business website. I think, if I can approach correctly,
we can get Vegas coin rolling in the right direction again. Just going to have to feel him, to see where he wants this to go. Let you know,
what I find out. Keep your fingers crossed! And maybe find a solution for every ones benefit!

Peace, Dennis

One option is to create a new coin/token with Ethereum  https://www.ethereum.org/token

We could give the coin a new name and Build a better community around it

Maybe do a swap of like 1 new coin for every 5000 vegas and burn the swapped coins

Ethereum still needs to mature a bit before it becomes more user friendly

Right now I am mining it on linux and its a pain to setup for the average user

Once it is more mature, I expect it to be a very solid wallet and platform

I have a few other ideas to reward current holders for sticking with it and letting the coins stay in the wallet.

[dennislevy]

need to do something I was very happy when the price was very good before that.until I closed the stock exchanges. but croptopia I don't like the price and I stopped the extraction pump and now another coin.on the go in vain, I got it working by croptopia - ask izvinite for me is not an accurate translation

I agree with you gennadiv! Price sucks at Cryptopia, 1 satoshi, not profitable to mine! I found Brandon on Twitter, very active there.
Brandon and the other two partners, Sven and Kerrick. I have twitter, mailing address and phone number to contact Brandon. Their
internet marketing/advertising, not flourishing very well. Site looks, fantastic, but only have 2 customers testimonials.
http://www.briskadvertising.com I will try and contact Brandon, through twitter and business website. I think, if I can approach correctly,
we can get Vegas coin rolling in the right direction again. Just going to have to feel him, to see where he wants this to go. Let you know,
what I find out. Keep your fingers crossed! And maybe find a solution for every ones benefit!

Peace, Dennis

One option is to create a new coin/token with Ethereum  https://www.ethereum.org/token

We could give the coin a new name and Build a better community around it

Maybe do a swap of like 1 new coin for every 5000 vegas and burn the swapped coins

Ethereum still needs to mature a bit before it becomes more user friendly

Right now I am mining it on linux and its a pain to setup for the average user

Once it is more mature, I expect it to be a very solid wallet and platform

I have a few other ideas to reward current holders for sticking with it and letting the coins stay in the wallet.

Brandon, emailed me back. And is possibly interested in working us, and give us some control over this thread.
I understand he does not want to give up full control. As he wants to protect the original investors. i.e. The coin
holders and original start up crew, Sven and Kerrick. They put in a lot of their time, money and effort into this.
I think if we all work as a team, we can get this rocking and rolling again. Personally, I do not like to see effort get wasted.
This community might be small, but has a lot heart. If we can get Vegas coin rolling in the right direction, some of the old
community will come back. And new community members will come also. If we started a new coin, would have to start from
scratch. If we can pull this off, then a second coin would be easier. Building off of the success of this coin. Otherwise,
going to be more involved, with time, effort and money. I think starting off with something simpler, would allow us to get
more people involved. Means more awareness and exposure. At least that is my thought on this. Though, I would like to
see Vegas coin be a hybrid POW/POS coin. So, as not to have to rely on strictly mining to move the chain. Gets more
people involved and stops some of the dumping, driving price down. I guess will wait for Brandon's reply and go from there.

Peace, Dennis

[thefix]

need to do something I was very happy when the price was very good before that.until I closed the stock exchanges. but croptopia I don't like the price and I stopped the extraction pump and now another coin.on the go in vain, I got it working by croptopia - ask izvinite for me is not an accurate translation

I agree with you gennadiv! Price sucks at Cryptopia, 1 satoshi, not profitable to mine! I found Brandon on Twitter, very active there.
Brandon and the other two partners, Sven and Kerrick. I have twitter, mailing address and phone number to contact Brandon. Their
internet marketing/advertising, not flourishing very well. Site looks, fantastic, but only have 2 customers testimonials.
http://www.briskadvertising.com I will try and contact Brandon, through twitter and business website. I think, if I can approach correctly,
we can get Vegas coin rolling in the right direction again. Just going to have to feel him, to see where he wants this to go. Let you know,
what I find out. Keep your fingers crossed! And maybe find a solution for every ones benefit!

Peace, Dennis

One option is to create a new coin/token with Ethereum  https://www.ethereum.org/token

We could give the coin a new name and Build a better community around it

Maybe do a swap of like 1 new coin for every 5000 vegas and burn the swapped coins

Ethereum still needs to mature a bit before it becomes more user friendly

Right now I am mining it on linux and its a pain to setup for the average user

Once it is more mature, I expect it to be a very solid wallet and platform

I have a few other ideas to reward current holders for sticking with it and letting the coins stay in the wallet.

Brandon, emailed me back. And is possibly interested in working us, and give us some control over this thread.
I understand he does not want to give up full control. As he wants to protect the original investors. i.e. The coin
holders and original start up crew, Sven and Kerrick. They put in a lot of their time, money and effort into this.
I think if we all work as a team, we can get this rocking and rolling again. Personally, I do not like to see effort get wasted.
This community might be small, but has a lot heart. If we can get Vegas coin rolling in the right direction, some of the old
community will come back. And new community members will come also. If we started a new coin, would have to start from
scratch. If we can pull this off, then a second coin would be easier. Building off of the success of this coin. Otherwise,
going to be more involved, with time, effort and money. I think starting off with something simpler, would allow us to get
more people involved. Means more awareness and exposure. At least that is my thought on this. Though, I would like to
see Vegas coin be a hybrid POW/POS coin. So, as not to have to rely on strictly mining to move the chain. Gets more
people involved and stops some of the dumping, driving price down. I guess will wait for Brandon's reply and go from there.

Peace, Dennis

Hope you didn't hold your breath,lol

[thefix]

Now if CasinoCoin can do this on Cryptsy then VegasCoin might have a chance http://coinmarketcap.com/currencies/casinocoin/#markets


We are in the top 10 on Cryptsy now for coins being voted to add https://www.cryptsy.com/coinvotes

[dennislevy]

need to do something I was very happy when the price was very good before that.until I closed the stock exchanges. but croptopia I don't like the price and I stopped the extraction pump and now another coin.on the go in vain, I got it working by croptopia - ask izvinite for me is not an accurate translation

I agree with you gennadiv! Price sucks at Cryptopia, 1 satoshi, not profitable to mine! I found Brandon on Twitter, very active there.
Brandon and the other two partners, Sven and Kerrick. I have twitter, mailing address and phone number to contact Brandon. Their
internet marketing/advertising, not flourishing very well. Site looks, fantastic, but only have 2 customers testimonials.
http://www.briskadvertising.com I will try and contact Brandon, through twitter and business website. I think, if I can approach correctly,
we can get Vegas coin rolling in the right direction again. Just going to have to feel him, to see where he wants this to go. Let you know,
what I find out. Keep your fingers crossed! And maybe find a solution for every ones benefit!

Peace, Dennis

One option is to create a new coin/token with Ethereum  https://www.ethereum.org/token

We could give the coin a new name and Build a better community around it

Maybe do a swap of like 1 new coin for every 5000 vegas and burn the swapped coins

Ethereum still needs to mature a bit before it becomes more user friendly

Right now I am mining it on linux and its a pain to setup for the average user

Once it is more mature, I expect it to be a very solid wallet and platform

I have a few other ideas to reward current holders for sticking with it and letting the coins stay in the wallet.

Brandon, emailed me back. And is possibly interested in working us, and give us some control over this thread.
I understand he does not want to give up full control. As he wants to protect the original investors. i.e. The coin
holders and original start up crew, Sven and Kerrick. They put in a lot of their time, money and effort into this.
I think if we all work as a team, we can get this rocking and rolling again. Personally, I do not like to see effort get wasted.
This community might be small, but has a lot heart. If we can get Vegas coin rolling in the right direction, some of the old
community will come back. And new community members will come also. If we started a new coin, would have to start from
scratch. If we can pull this off, then a second coin would be easier. Building off of the success of this coin. Otherwise,
going to be more involved, with time, effort and money. I think starting off with something simpler, would allow us to get
more people involved. Means more awareness and exposure. At least that is my thought on this. Though, I would like to
see Vegas coin be a hybrid POW/POS coin. So, as not to have to rely on strictly mining to move the chain. Gets more
people involved and stops some of the dumping, driving price down. I guess will wait for Brandon's reply and go from there.

Peace, Dennis

Hope you didn't hold your breath,lol

Good thing, I did not hold my breath, I would be dead now like coin! Brandon emailed me back and I said would help.
But, never heard back from him, after that. So, I guess Brandon is not interested in keeping VegasCoin alive?
Not even sure wallet is working? computer shut down 6 weeks ago, to install updates. Never opened wallet after that.

Peace, Dennis

[AikaPool]

Please add new pool to OP - https://aikapool.com/vgc



WELCOME!

[thefix]

Please add new pool to OP - https://aikapool.com/vgc



WELCOME!

Sent some hash your way to get things started

This coin has seen better days, but maybe a pool will help

Hopefully the owner of this thread will add your pool to the OP

They tend to be very slow with checking in

[BARR_Official]

One option is to create a new coin/token with Ethereum  https://www.ethereum.org/token

We could give the coin a new name and Build a better community around it

Maybe do a swap of like 1 new coin for every 5000 vegas and burn the swapped coins

Would could offer a swap for BARR, if there was a working VegasCoin block explorer.

[___TR___]

One option is to create a new coin/token with Ethereum  https://www.ethereum.org/token

We could give the coin a new name and Build a better community around it

Maybe do a swap of like 1 new coin for every 5000 vegas and burn the swapped coins

Would could offer a swap for BARR, if there was a working VegasCoin block explorer.

There is a Vegascoin block explorer here: https://www.cryptopia.co.nz/BlockExplorer?coin=VGC

[BARR_Official]

Well there you go!  Hopefully Cryptopia will continue to add features to their explorer, like current coin supply.

[thefix]

One option is to create a new coin/token with Ethereum  https://www.ethereum.org/token

We could give the coin a new name and Build a better community around it

Maybe do a swap of like 1 new coin for every 5000 vegas and burn the swapped coins

Would could offer a swap for BARR, if there was a working VegasCoin block explorer.

Sounds interesting

What is BARR?

[BARR_Official]

We had the same idea that thefix was talking about - start a new coin, burn the old coins, and give everybody the coins on the new blockchain to replace the coins they burned.  Pretty much a standard swapover.  We were going to do it for Fractalcoin, to try and save it before it completely dies.  He mentioned building it on Ethereum, we were going to do it on NXT.

But if we did, then what?  We take a dying coin, transfer it to a new blockchain, and now it runs better.  But what's the point?  If nobody was interested in it before, they probably still won't care.   

thefix talked about reducing the supply 5000 to 1.  If there are less coins, each one is rarer and potentially more valuable.  That's a good idea, but there's a bigger problem:  you can reduce the supply of VegasCoins by 1/5000, but you can't reduce the overall supply of Altcoins.  You still have 1 VegasCoin and over 1000 other altcoins, so it's still not rare and doesn't have as much potential to be valuable. 

There's a limited amount of Bitcoin being spent on altcoin exchanges, and it's spread too thin.  50 people buying Vegascoin, 5 people buying Fractalcoin, 1 guy still buying URO.  500 people buying the latest hyped-up coin, and next week 200 of them will be buying something else while the rest lost all their money and are stuck holding last week's bag.

That's 300 people who could have been buying VegasCoin, but they won't be buying anything until they can get rid of what they already bought.  But with 300 people selling and only 20 people buying, they're out of luck.  Either they continue holding and are never able to re-invest any of that money, or they sell for a loss and have less to spend.  And whoever they sell it to probably won't ever get their money back either.  So each pump-and-dump removes investors from the crypto markets, and we can hardly afford to lose them. 

Each bad coin takes money away from our coins, and we all lose. 

The problem is too many altcoins diluting the market.  So instead of starting Fractalcoin 2.0, burning the old coins and redeeming them for new coins, we decided to do it for multiple coins.  BARR:  Burning Altcoins for Redemption and Reduction.  We're going to get rid of Fractalcoin, Keycoin, and Sapience, and redeem them for BARR.  The swap goes for 1 month, and then we'll do other coins.  If we burn enough, we've subtracted all those coins from the market, bringing their 10 or 20 users and adding them all together into BARR. 

Every time we burn enough of an altcoin's supply to completely remove it from the market, all remaining altcoins become rarer and potentially more valuable.  If we don't burn enough of a coin to completely remove it from the market, it continues with a lower supply and probably a higher price.  Either way, the holders benefit and the market benefits.  And the coins we burn can never be pumped-and-dumped again. 

Since we're starting with the coins we already have bags of, we know we'll be able to significantly reduce the supply of those coins.  Hopefully once people see us clearing out coins, they'll want to burn their own coins too.  Every coin we absorb makes BARR bigger and thins out the market at the same time. 

Check it out at barr.me, or our ANN at bitcointalk.org/index.php?topic=1219460.0
 

[thefix]

We had the same idea that thefix was talking about - start a new coin, burn the old coins, and give everybody the coins on the new blockchain to replace the coins they burned.  Pretty much a standard swapover.  We were going to do it for Fractalcoin, to try and save it before it completely dies.  He mentioned building it on Ethereum, we were going to do it on NXT.

But if we did, then what?  We take a dying coin, transfer it to a new blockchain, and now it runs better.  But what's the point?  If nobody was interested in it before, they probably still won't care.   

thefix talked about reducing the supply 5000 to 1.  If there are less coins, each one is rarer and potentially more valuable.  That's a good idea, but there's a bigger problem:  you can reduce the supply of VegasCoins by 1/5000, but you can't reduce the overall supply of Altcoins.  You still have 1 VegasCoin and over 1000 other altcoins, so it's still not rare and doesn't have as much potential to be valuable. 

There's a limited amount of Bitcoin being spent on altcoin exchanges, and it's spread too thin.  50 people buying Vegascoin, 5 people buying Fractalcoin, 1 guy still buying URO.  500 people buying the latest hyped-up coin, and next week 200 of them will be buying something else while the rest lost all their money and are stuck holding last week's bag.

That's 300 people who could have been buying VegasCoin, but they won't be buying anything until they can get rid of what they already bought.  But with 300 people selling and only 20 people buying, they're out of luck.  Either they continue holding and are never able to re-invest any of that money, or they sell for a loss and have less to spend.  And whoever they sell it to probably won't ever get their money back either.  So each pump-and-dump removes investors from the crypto markets, and we can hardly afford to lose them. 

Each bad coin takes money away from our coins, and we all lose. 

The problem is too many altcoins diluting the market.  So instead of starting Fractalcoin 2.0, burning the old coins and redeeming them for new coins, we decided to do it for multiple coins.  BARR:  Burning Altcoins for Redemption and Reduction.  We're going to get rid of Fractalcoin, Keycoin, and Sapience, and redeem them for BARR.  The swap goes for 1 month, and then we'll do other coins.  If we burn enough, we've subtracted all those coins from the market, bringing their 10 or 20 users and adding them all together into BARR. 

Every time we burn enough of an altcoin's supply to completely remove it from the market, all remaining altcoins become rarer and potentially more valuable.  If we don't burn enough of a coin to completely remove it from the market, it continues with a lower supply and probably a higher price.  Either way, the holders benefit and the market benefits.  And the coins we burn can never be pumped-and-dumped again. 

Since we're starting with the coins we already have bags of, we know we'll be able to significantly reduce the supply of those coins.  Hopefully once people see us clearing out coins, they'll want to burn their own coins too.  Every coin we absorb makes BARR bigger and thins out the market at the same time. 

Check it out at barr.me, or our ANN at bitcointalk.org/index.php?topic=1219460.0
 

Thank you for the quick response, I like the concept and I think you are on to something with that idea. We need less Junk coins and this may be the way to deal with that issue.

[BARR_Official]

lol, I saw you quoted thefix but I missed the fact that you are thefix.  Didn't mean to refer to you in third person.

No need to thank me for the quick response - after launch, an altcoin dev's #1 job is posting on bitcointalk.  I'm sure people spend a little time coding wallets and stuff, but what else is there?  If they can't even post frequent encouragement on their own thread, what CAN they do?

My coin is on the NXT platform, so I don't have to do any coding.  But I do have a lot of work to do before launch, and most of it is just clicking and typing on the internet.  I've been working on BARR a few hours every day, reviewing each coin at CoinMarketCap.com to see which ones could be eligible for BARR redemption.  Hundreds and hundreds of coins, and probably half of them don't even have a block explorer. 

The more coins I look at, the worse it gets.  People have no idea how soon most of these coins will completely stop functioning.  There are coins - still being traded on exchanges - that haven't had a post in their ANN for over a year.  If there's not one person in the world who will take 30 seconds once a year to type a few words about a coin, who do you think will run a node for it 24 hours a day?

But if a coin dies, then at least it's not draining resources from the market.  The bigger problem is coins that do have 5 people who care enough to run nodes - if a coin has even 2 bagholders who refuse to give up, the coin might never go away.  They have no way out, and there's not enough BTC on offer even if they wanted to dump it all.  But there's enough BARR.  If we can give them a way out, they'll be back in the game. 

[Rw13enlib88]

RULE #1: SWAPs always fail!!

[BARR_Official]

RULE #1: SWAPs always fail!!

In the first 24 hours, we swapped 43% of the entire supply of Sapience AIFX.

We also swapped almost 30% of all Fractalcoins and Keycoins.

At the same time, we raised and supported the price of all 3 coins across 5 markets, allowing people to sell their coins if they weren't interested in swapping.

We have already burned about $18,000 worth of altcoins.

[Rw13enlib88]

RULE #1: SWAPs always fail!!

In the first 24 hours, we swapped 43% of the entire supply of Sapience AIFX.

We also swapped almost 30% of all Fractalcoins and Keycoins.

At the same time, we raised and supported the price of all 3 coins across 5 markets, allowing people to sell their coins if they weren't interested in swapping.

We have already burned about $18,000 worth of altcoins.

1) I dont wont to sell my coins.
2) Great for you
3) Move to another coin if you want to make a swap

[thefix]

The difficulty is way up

I am always surprised by the way this coin seems to never die

It def is on life support at this point though