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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346448 times)
brightlight
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July 24, 2014, 09:20:28 AM
 #11281

I don't want to FUD here, but if things are so bad as some persons try to explain here, who was so stupid to buy VRC with 20BTC? Shortsighted whale or just blind kiddie?

I didn't invest 20 BTC but i've sold all my other coins and now i'm all in VRC. I'm sure it pays out.

I still don't get any payouts from the mining pool!

I am all in with my spare BTC that I had left from really bad day trading.
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eiskalt
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July 24, 2014, 09:34:38 AM
 #11282

More miners means more hashrate meaning:
[...]
-hurts dedicated miners of the coin when we leave them with high difficulty
[...]

That is kinda part of the point of this pool... to devalue altcoins by raping them and then trading them to BTC.

So you are still in this raping business, phzi?
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July 24, 2014, 09:34:45 AM
 #11283

There are hard-forks, forks, and blockchain rollbacks (essentially, large blockchain re-organizations).

Hard-forks are performed because there is a bug in the software that needs fixing - a fault in the software itself.
Bitcoin has had a few emergency hard-forks; 2 to be exact.  These are positive changes - they show that the developers and community are on top of things, and capable of fixing the protocol or protocol implementation when necessary.

Forks are when there are two competing blockchains - this is usually a bad thing.  Simple forks are often caused when there are protocol version conflicts, and the longer chain stops getting accepted by a set of nodes, who then branch into their own chain.  Forks are almost always a bad thing.

Blockchain rollbacks and re-orgs happen when someone 51% attacks the network, or for the first time with VRC, when devs decide to force a revert to a previous checkpoint.  Blockchain re-organizations (rollbacks) are VERY BAD.  They show that the network has NO orphan security, and that you very simply should not trust your money on that blockchain.



A fork is not a fork.  Anyone that says that has no idea what they are talking about, and you probably shouldn't believe anything else they claim to know.



Nothing I'm saying is untrue, nor attacking a specific coin.  I would make these statements about any blockchain that was re-organized like VRC was.

It's not FUD if it's true - it's sharing knowledge.  
FUD has become the most ridiculously overused buzz word in this thread.  And it's being used to discredit people who's points cannot otherwise be disproven.  So, please, keep shouting FUD at me... it's obvious you're the only one spreading bullshit when you do so.

After reading your explanation of the fork vs hard fork vs block chain roll back, I recalled the early days of vericoin.
In the first day of mining, at around 1500 blocks, there was a fork (pow stage of vericoin was a fork heaven), the developer used a hard fork to hardfork the block chain to a early block before the fork happens.

I lost about somewhere between 10000 and 12000 coins in that hard fork (I was in the hero pool, the long and main block chain, and the 0feepool was on shorter chain, and in the first day, diff was very very low). At that time, I didn't think much about the hard fork (or we can now call it a rollback). After reading this explanation, that hard fork is just a mistake and should never be done. What the developers should have done is to find the long block chain, and use that right block chain to ask miners go to miner on that chain, rather than rolling it back.

Those forks happened multiple times and i remember it was rolled back multiple times. I was always mining in the hero pool and also lost some coins during those rollbacks.

Now I think it back, the rollback after mintpal hack is not alone(it has been done multiple times before), it has shown the incompetence of the developers, looks like they don't know what they were doing and just do what they want to do, rather than following the right thing in the community.

I don't want to FUD, but I am trying to say the fact. You guys can look at my post history and tell.
portdavenport
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July 24, 2014, 09:38:24 AM
 #11284

If it were not for the MP issue (which is now resolved), Vericoin ("VRC") would probably be at near or sub Cloak price levels now.

As soon as the current line of updates are out in force, this coin is sure to rally.

Android Wallet
New Website
VRCRadio.com
Buy Vericoin (VRC/FIAT)
and more...

With ongoing Dev support, professional branding, promotions, social media penetration, and early retail adoption...

With some of the fastest transaction times in Crypto, it's a wonder why we are not knocking on the doorstep of Litecoin.

hughjays77
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July 24, 2014, 09:40:57 AM
 #11285

tic toc, tic toc

bought 1btc at 22000sat
bought 1btc at 21000sat
bought 1btc at 20000sat
bought 1btc at 19000sat [all filled ]

will buy 20btc all the way down to 1000sat if need be

too easy, see you 18 year olds in 3 weeks 6 days

Reavon
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July 24, 2014, 09:50:13 AM
 #11286

tic toc, tic toc

bought 1btc at 22000sat
bought 1btc at 21000sat
bought 1btc at 20000sat
bought 1btc at 19000sat [all filled ]

will buy 20btc all the way down to 1000sat if need be

too easy, see you 18 year olds in 3 weeks 6 days

I am 21 and holding,  does it mean I am grown up now?  Cheesy
setup
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July 24, 2014, 09:58:14 AM
 #11287

I hope someone can help me with this. I have an unconfirmed transaction in my wallet. It appears since the rollback. I got the coins back from mintpal, now I want to get rid of this message (s.picture)



Second Problem is the  appearing message (s.picture). I don't know why i get a Network alert from Version 1.3.3. because i have installed 1.3.4.



I still don't get any payouts from the mining pool.

https://litebit.eu/registration/de/3337ouEH2M/
Add a VRC banner to your Website & support VERICOIN
Reavon
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July 24, 2014, 10:01:12 AM
 #11288

Just Got a confirmation  from a famous German cryptocoin blogger he write about the Mintpal ,  vericoin incident as soon as possible.
I asked him  several days after the happening .  Follow him on twitter
@BTC_de_Blog.
eiskalt
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July 24, 2014, 10:03:06 AM
 #11289

(...)
I don't want to FUD, but I am trying to say the fact. You guys can look at my post history and tell.

Did that and there´s nothing in it confirming the allegations you posted here.

So for me you are most likely in the same altcoin rapist PnD group as phzi and BobBlob.

KidenceBgd
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VeRiCoIn :)


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July 24, 2014, 10:04:47 AM
 #11290

portdavenport
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July 24, 2014, 10:10:07 AM
 #11291

I hope someone can help me with this. I have an unconfirmed transaction in my wallet. It appears since the rollback. I got the coins back from mintpal, now I want to get rid of this message (s.picture)



Second Problem is the  appearing message (s.picture). I don't know why i get a Network alert from Version 1.3.3. because i have installed 1.3.4.



I still don't get any payouts from the mining pool.


What operating system are you on?

You need wallet version 1.3.3 or 1.3.4 (NB. Buy VRC in 1.3.4 is still being worked on; but this feature works in Mac/Linux).

If Windows. Have you cleared in your C:\User directory of all files and folders EXCEPT: wallet.dat, vericoin.conf, and peers.dat KEEP THESE 3 FILES (NEVER DELETE YOUR WALLET.dat file !!!!).

Path
C:\User\YOUR NAME\AppData\Roaming\Vericoin

Make sure this directory is empty only with only your Wallet.dat file in it. You can retain vericoin.conf and peers.dat if you like too (optional).

Uninstall and reinstall the App.

Check the bootstrap file for faster syncs during the installation process.

Start the wallet and watch the size of the bootstrap.dat file in the directory. This file needs to get to about 86MB in size before the application will open, and may take up to 45mins.

Allow your wallet to resync.

If you are still have issue with confirms, press the CHAT button on your wallet to enter IRC CHAT.
Say to the group members you have issues sync'ing your unconfirmed coins and somebody will help you more from there.

Good Luck.

portdavenport
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July 24, 2014, 10:10:52 AM
 #11292

I think the most important and encouraging in the VeriCoin operation is that the devs are still interested in the project and working on adding new features. The price goes up and down, right now is down, but the hard work and the release of usable features will take care of the price increase. This is a legit dev team, as PNosker said they are real people building a real money. This transparency is a very unique attribute in the scam driven alt coin market.

Right now people are upset, but 50-100% price swing happens all the time even with real business operation. In the place Russia where I have been dealing/trading/funding IT, telecom and software companies I had experienced with a few 3000% price drop in the last 25 years, there were dead bodies all over the offices, so this is a very calm environment compared to that one, here is even the crypto-history maker scummer pumper WizRig is alive, so nothing dramatic happened here. Price drops are part of the business, even bitcoin has gone through several swing. Again, the hard work from the devs will take care of the price and the future of the coin still very bright.

Which is very encouraging to me that it seems the Devs are finally working on what really matters, the decentralized app feature. No one cares about VeriBit (why would anyone want it when we can pay with bitcoin, no wonder there is only 6 VeriBit users worldwide), the FIAT feature could be useful for a few people but nothing is innovative nor exciting in the FIAT feature, but a decentralized market place or exchange could be a game changer. Please focus on that and try to roll out at least a basic app that implements decentralized features. As you know there are incredible capable and smart people working on decentralized apps, Ethereum, Skycoin, even ViaCoin with the Counterparty inegration, etc., so the competition is fierce, that's why would be important that the Devs try to release at least a very basic but working decentralized app as soon as it is possible. As you know better than I do you compete with very smart guys like Dr. Wood from Ethereum http://www.gavwood.com/Paper.pdf , but if you have something that works (even if it is a very basic app) you can be the winner in this race.

There are many people like myself who invested a lot into VeriCoin, we are not overly worry about short term price changes and willing to invest lot more if things are going in the right direction. Please implement the decentralized feature and I guaranty you many more investment will come not from pumpers but from real investors.

Reavon
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July 24, 2014, 10:16:09 AM
 #11293

I hope someone can help me with this. I have an unconfirmed transaction in my wallet. It appears since the rollback. I got the coins back from mintpal, now I want to get rid of this message (s.picture)



Second Problem is the  appearing message (s.picture). I don't know why i get a Network alert from Version 1.3.3. because i have installed 1.3.4.



I still don't get any payouts from the mining pool.

The unconfirmed will disappear as soon you you use a new address for your vericoin. This not much of a problem,  the payouts  for the pool are dependent by the buy algo.  It decides to buy lower so get more coin you win from waiting.
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July 24, 2014, 10:17:29 AM
 #11294

(...)
I don't want to FUD, but I am trying to say the fact. You guys can look at my post history and tell.

Did that and there´s nothing in it confirming the allegations you posted here.

So for me you are most likely in the same altcoin rapist PnD group as phzi and BobBlob.


Based on what you reply, you are just getting around the fact(what my main claim is).
If I were you, I would not reply like you and rather reply with fact.

Look at my history, do you see any association between me and the two people you mention? How can you just claim we are in same group?

Do you call anyone who say honest opinion as FUD?

What is wrong with you?

I am here because when I look through btt and found that I lost because of the rollback in the early days which should not be done when a fork happens (in early days I didn't realize it was a mistake, but now I do)
KidenceBgd
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VeRiCoIn :)


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July 24, 2014, 10:21:28 AM
 #11295

setup
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July 24, 2014, 10:25:26 AM
 #11296

Thx to reavon and portdavenport. I reinstalled Version 1.3.4. it's synching now. I deleted all files in the roaming Folder (win7/64bit) uninstalled the wallet and reinstalled it with the newest Version. The Network alert message still appears. When it's synched i will generate a new adress and hope that the unconfirmed message disappears.

if I have more questions i will ask them in the chat

https://litebit.eu/registration/de/3337ouEH2M/
Add a VRC banner to your Website & support VERICOIN
eiskalt
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July 24, 2014, 10:31:49 AM
 #11297

(...)
I am here because when I look through btt and found that I lost because of the rollback in the early days which should not be done when a fork happens (in early days I didn't realize it was a mistake, but now I do)


Again, there is nothing in your post history to back up your claims, you did not even post about vericoin until now.

So you better provide evidence for your allegations - which of course you don´t have.

So yes, you are just trolling - good luck with that - appreciate your efforts.

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July 24, 2014, 10:48:54 AM
 #11298

This is a hard-fork for internal reasons, not a blockchain rollback for external reasons - HUGE difference.  It was done because the protocol wasn't implemented properly, not because some third-party exchange messed up.

Obviously you need to learn your terminology...

Bitcoin used a hard-fork, which caused that block to be invalid and unacceptable (because it was)...  Nothing was invalid or unacceptable (protocol-wise) about the block that VRC rolled back to.


Spin it how you like, but the fact remains. 
Someone found a way to get lots of BTC free.  And that would've destroyed the coin.  So rather than just Fixing, Forking, and moving forward, they Rolledback BTC to the point that eliminated the coins.

Were not all BTC created to that point, mined under the "improperly implemented protocol"?  Why did the Rollback stop where the billions of BTC were created?  A Purist would want the exploiter to keep the billions, rather than GASP Rollback and save BTC. 


The MP hack wasn't a VRC problem.  But someone ended up with lots illegitimate coins, and the rest is history. 

Regardless what happens to VRC, the rollback was a good thing.  Even if it dies, stopping the thieves from becoming millionaires is worth sacrificing my few thousand coin. 

2 more Facts.  We know who the Vericoin devs are.  And it is easy to see their commitment level, to the coin. 

One almost certainty in crypto, try to do good and someone will FUD you for profit. 
After all profit is more important than integrity, honesty, and even crypto itself.  amIright?
mtomcdev
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July 24, 2014, 10:49:09 AM
 #11299

I think the most important and encouraging in the VeriCoin operation is that the devs are still interested in the project and working on adding new features. The price goes up and down, right now is down, but the hard work and the release of usable features will take care of the price increase. This is a legit dev team, as PNosker said they are real people building a real money. This transparency is a very unique attribute in the scam driven alt coin market.

Right now people are upset, but 50-100% price swing happens all the time even with real business operation. In the place Russia where I have been dealing/trading/funding IT, telecom and software companies I had experienced with a few 3000% price drop in the last 25 years, there were dead bodies all over the offices, so this is a very calm environment compared to that one, here is even the crypto-history maker scummer pumper WizRig is alive, so nothing dramatic happened here. Price drops are part of the business, even bitcoin has gone through several swing. Again, the hard work from the devs will take care of the price and the future of the coin still very bright.

Which is very encouraging to me that it seems the Devs are finally working on what really matters, the decentralized app feature. No one cares about VeriBit (why would anyone want it when we can pay with bitcoin, no wonder there is only 6 VeriBit users worldwide), the FIAT feature could be useful for a few people but nothing is innovative nor exciting in the FIAT feature, but a decentralized market place or exchange could be a game changer. Please focus on that and try to roll out at least a basic app that implements decentralized features. As you know there are incredible capable and smart people working on decentralized apps, Ethereum, Skycoin, even ViaCoin with the Counterparty inegration, etc., so the competition is fierce, that's why would be important that the Devs try to release at least a very basic but working decentralized app as soon as it is possible. As you know better than I do you compete with very smart guys like Dr. Wood from Ethereum http://www.gavwood.com/Paper.pdf , but if you have something that works (even if it is a very basic app) you can be the winner in this race.

There are many people like myself who invested a lot into VeriCoin, we are not overly worry about short term price changes and willing to invest lot more if things are going in the right direction. Please implement the decentralized feature and I guaranty you many more investment will come not from pumpers but from real investors.




Decentralized apps and smart contracts combined with digital currency are the future. See Ethereum, $3.5 million investment in 24 hours.
sluppy
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July 24, 2014, 10:58:23 AM
 #11300

price is really tanking , 12btc sell wall at 20k whats going on ?

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