Bitcoin Forum
September 22, 2018, 08:27:31 AM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Poll
Question: Where would you prefer the VRC/VRM exchange pair be?
Bittrex
Poloniex
Both
Other

Pages: « 1 ... 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 [588] 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 ... 963 »
  Print  
Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1350934 times)
Monkeys
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile WWW
July 27, 2014, 04:54:52 AM
 #11741

also I was saying the regulatory/licensing portion is impossible without massive fiat reserves, not the coding portion

The original scope of the implementation requiring FINCen licensing is not feasible at this stage I agree.

There are however, other ways to provide VRC in exchange for FIAT within the wallet without using Moolah or any other exchange directly.

If you could accept credit card payments within the wallet, VRC could be purchased from a 'fund' (Verifund perhaps?) at a close approximation of the current exchange rate minus a small processing fee, and the FIAT from the credit transaction could then be used to later purchase more VRC from an exchange to keep the fund 'topped up'.

Now I'm not an expert in finance or law by any means, but I don't believe that this would require FINCen licensing like Cryptsy has.

hmmmm im not sure im not a lawyer but if this is feasible then perhaps its worth taking a look at but yes chargebacks would be a major concern

They would be, and without verification it would almost certainly result in a lot of chargebacks which you would not be able to win. With verification however, disputing the chargeback claim would be a piece of cake.

further incentive for VERIfication then? you only get Fiat/wallet Credit/debit card purchasing enabled if you get VERIfied? that could work but the implementation of such is beyond me I am not a coder

That would be how it could work I believe.

I'm also not much of a coder, but I don't think it would be difficult for a proficient programmer.

MIDAS COIN: Gold backed crypto! Sign up via my referral link below and you get an extra 1.5% reward! PM me for info =)

http://www.midaspool.com/ref/318

Sign up via my referral link above and you receive an extra 1.5% reward for your hash! PM me for details
1537604851
Hero Member
*
Offline Offline

Posts: 1537604851

View Profile Personal Message (Offline)

Ignore
1537604851
Reply with quote  #2

1537604851
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Coinler
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
July 27, 2014, 05:13:34 AM
 #11742

You've heard of credit card fraud before... right?

There are ways to prevent this, as has been already mentioned above, verification is the key.
You've got to be kidding me.  Bring your 3-tier verification processes.  You're still going to get defrauded if you allow crypto purchases with credit cards - period.  If you don't understand this, then you're just being ignorant.

But please, prove me wrong... (hint: you can't, I'm just going to enjoy watching you fail if you try)

well im not here to teach you about creditcard merchant and banking technologies so if that is your view then what can i say but, you are welcome to your opinion. keep saying it's impossible, you'll believe it eventually. experienced point of sale and financial sector worker here who's worked in rooms with millions of dollars sitting next to me in cash.. but hey what do i know. if you try any creditcard fraud though via my implementation, you'll find cops at your door no matter what country u live in.

why didn't you take the money and run? lol j/k

hhahah that joke ive heard so many times by basically everyone that's been in one of these rooms lol

lol ya wouldn't get far I assume, but hey glad you are here with us

lol thought never crossed my mind. but for others i probably cant say the same. ive seen some work with tears welling up in their eyes haha. few could work in these rooms unsupervised however so ya, wont get very far.
phzi
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


View Profile
July 27, 2014, 06:40:27 AM
 #11743

You've heard of credit card fraud before... right?

There are ways to prevent this, as has been already mentioned above, verification is the key.
You've got to be kidding me.  Bring your 3-tier verification processes.  You're still going to get defrauded if you allow crypto purchases with credit cards - period.  If you don't understand this, then you're just being ignorant.

But please, prove me wrong... (hint: you can't, I'm just going to enjoy watching you fail if you try)

well im not here to teach you about creditcard merchant and banking technologies so if that is your view then what can i say but, you are welcome to your opinion. keep saying it's impossible, you'll believe it eventually. experienced point of sale and financial sector worker here who's worked in rooms with millions of dollars sitting next to me in cash.. but hey what do i know. if you try any creditcard fraud though via my implementation, you'll find cops at your door no matter what country u live in.

vericoin may have chosen to use a 3rd party. but doesnt that mean "not impossible"?

anyway it's past my bedtime/movietime so im off for now.
It's not just an opinion... nor does having sat next to piles of cash indicate you know anything about credit card fraud prevention.

How about this: if you're so sure nobody can defraud your credit card processing implementation, please put your money where your mouth is, and offer a public challenge to proving you wrong.

The fact your say, "you'll find cops at your door" clearly indicates that you have no clue about anonymity on the internet.  How exactly are you going to find the person that defrauded you to buy a digital product that was never shipped?  And even if you are talking about a merchant that physically ships products, it's going to be a drop address, and the recipient will be long gone by the time you get the credit card charge back...

So... Prove it or shut the fuck up - and I'll happily disprove anything you try to prove about your recent comments. So, I would suggest you go with the "shut the fuck up" option, and stop talking about what you don't know.  You show me somewhere that you can purchase crypto currencies with credit cards, and I'll show you somewhere that is (or will be) actively being defrauded.



And BTW, working with large sums of cash that isn't yours is easy - most people learn quickly not to associate that cash with spendable money, and instead view it as a sort of monopoly money - it can be counted, but has no real world value to you.
buy4crypto
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250

freecrypto.top


View Profile WWW
July 27, 2014, 07:05:40 AM
 #11744

You've heard of credit card fraud before... right?

There are ways to prevent this, as has been already mentioned above, verification is the key.
You've got to be kidding me.  Bring your 3-tier verification processes.  You're still going to get defrauded if you allow crypto purchases with credit cards - period.  If you don't understand this, then you're just being ignorant.

But please, prove me wrong... (hint: you can't, I'm just going to enjoy watching you fail if you try)

well im not here to teach you about creditcard merchant and banking technologies so if that is your view then what can i say but, you are welcome to your opinion. keep saying it's impossible, you'll believe it eventually. experienced point of sale and financial sector worker here who's worked in rooms with millions of dollars sitting next to me in cash.. but hey what do i know. if you try any creditcard fraud though via my implementation, you'll find cops at your door no matter what country u live in.

vericoin may have chosen to use a 3rd party. but doesnt that mean "not impossible"?

anyway it's past my bedtime/movietime so im off for now.
It's not just an opinion... nor does having sat next to piles of cash indicate you know anything about credit card fraud prevention.

How about this: if you're so sure nobody can defraud your credit card processing implementation, please put your money where your mouth is, and offer a public challenge to proving you wrong.

The fact your say, "you'll find cops at your door" clearly indicates that you have no clue about anonymity on the internet.  How exactly are you going to find the person that defrauded you to buy a digital product that was never shipped?  And even if you are talking about a merchant that physically ships products, it's going to be a drop address, and the recipient will be long gone by the time you get the credit card charge back...

So... Prove it or shut the fuck up - and I'll happily disprove anything you try to prove about your recent comments. So, I would suggest you go with the "shut the fuck up" option, and stop talking about what you don't know.  You show me somewhere that you can purchase crypto currencies with credit cards, and I'll show you somewhere that is (or will be) actively being defrauded.



And BTW, working with large sums of cash that isn't yours is easy - most people learn quickly not to associate that cash with spendable money, and instead view it as a sort of monopoly money - it can be counted, but has no real world value to you.

Verification on both ends of a transfer could make this happen. If both parties agree to the terms of verification then if someone took a product illegally they would have to face the law. This would require adapting the current business practices set in place by crypto currencies, and companies like Paypal ect. The reason CC get charged back is that Paypal simply hasn't found a way to make intellectual property sales secure enough yet. I have seen chargebacks on "intellectual" property since the day people started charging back. I have been in video game sales for roughly 17 years before I moved onto crypto, so I am very familiar with chargebacks.

The only reason they charge back is they have no proof of sale for "intellectual" property. Which is why in most cases, all you need to do is send something like a hand letter to prove delivery / acceptance and then all the ability to charge back goes away once you have verified your side of the transaction. In intellectual property debates the companies like paypal, currently always side with the buyer as a default.

Now imagine, if VRC used verification and could make this integration between intellectual property sales, and merchants seemless, and more secure? Sure it would require additional innovation to create that security. But that is why we are here, having this discussion.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
████ - freecrypto.top - btcinfo.top - DIGITAL CURRENCY DIRECTORIES - freeMonero.comfunbtc.xyz  ████
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Bobsurplus
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


Making money since I was in the womb! @emc2whale


View Profile
July 27, 2014, 07:07:46 AM
 #11745

Guys... any update on when the next rollback will happen? I'd like to know so I can make a few grand on it if possible.

barabbas
Legendary
*
Offline Offline

Activity: 1162
Merit: 1000


View Profile
July 27, 2014, 07:50:31 AM
 #11746

Guys... any update on when the next rollback will happen? I'd like to know so I can make a few grand on it if possible.



Hi Robert, Bobby, Bob,

Of course when conditions in the market warrant. But I am making right here, right now the formal suggestion to have a Roll Back Day every year on the anniversary of Launch, as a preemptive strike in case some thieves are considering an attack.

Imagine the marketing possibilities... "Vericoin: The Wal-Mart of Crypto"... Catchy, ah? The possibilities are endless, really, but I volunteer only this one as a tease.

Much more on pay-per-view...
TomHolden
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
July 27, 2014, 08:55:57 AM
 #11747

A short document on VeriCoin I produced. Please direct discussion to the reddit thread.

http://www.reddit.com/r/vericoin/comments/2bop8l/comments_on_vericoin_from_an_academic_economist/

Hope it is of some interest.
ontopicplease
Hero Member
*****
Offline Offline

Activity: 780
Merit: 1000


View Profile
July 27, 2014, 09:35:16 AM
 #11748



What's the next milestone for VRC?

my opinion is that this coin is already self sustaining and the dev team has demonstrated that they are willing to do what it takes to protect their investors. i would say an aggressive marketing campaign to spread the word about vericoin. more articles accentuating vericoin developments and delivery so far. let the other coins try to demonstrate what they have to compete with that. blackcoin is out of the competition though. wouldnt even buy it if i heard about a pump beginning. just trade/invest, use vericoin services and if you run into problem you know you have a competent dev team that will fix any problems that prop up once reported by the community. that's what i call a crypto-currency!

most other coins are just speculative and have those so greedy they will do whatever they think will help to manipulate the market in their favour. but vericoin is a worthy investment. these guys have always delivered exciting stuff for the community and i wouldnt be surprised if we will see more later on.

You probably haven'ty heard the last coming from casa Blackcoin: They are about to hire a new marketeer... as some of the fan-boys are beginning to claim that either or both IconicExpert and Wizrig/Joel Bosch, come back.

I am sure though you have heard about the $32k they spent in hiring the Max Borgess Agency to do PR for them... so far -two months into the 3 month contract-, The Agency has produced a second-level employee Q&A with the fanboys in Reddit, 2 press releases and one article in a newspaper, i believe. People in crypto have been known to have gone to hospitals with seizures due to uncontrollable laughter about the subject...

Well, not that I fully support iconic expert, but he at least warned all the time against spending these amounts on PR-companies. Actually, I was really disappointed when I saw that Joel Bosch guy showing up here. From the moment he was doing his lowlevel screaming at blackcoin many real investors left. The moment I saw that guy here, I knew I had to sell, but I had too much faith in the devs and I kept all my coins ( and I have a lot VRC). Really hope Joel leaves today to blackcoin and never comes back. That guy has a negative value. When you look a blackcoin- or VRC-broadcast and you see him sreaming like a kid, you are shaking your head and quickly investigate another coin.
keshuker
Sr. Member
****
Offline Offline

Activity: 395
Merit: 250

aka. dibdab


View Profile
July 27, 2014, 09:54:46 AM
 #11749



What's the next milestone for VRC?

my opinion is that this coin is already self sustaining and the dev team has demonstrated that they are willing to do what it takes to protect their investors. i would say an aggressive marketing campaign to spread the word about vericoin. more articles accentuating vericoin developments and delivery so far. let the other coins try to demonstrate what they have to compete with that. blackcoin is out of the competition though. wouldnt even buy it if i heard about a pump beginning. just trade/invest, use vericoin services and if you run into problem you know you have a competent dev team that will fix any problems that prop up once reported by the community. that's what i call a crypto-currency!

most other coins are just speculative and have those so greedy they will do whatever they think will help to manipulate the market in their favour. but vericoin is a worthy investment. these guys have always delivered exciting stuff for the community and i wouldnt be surprised if we will see more later on.

You probably haven'ty heard the last coming from casa Blackcoin: They are about to hire a new marketeer... as some of the fan-boys are beginning to claim that either or both IconicExpert and Wizrig/Joel Bosch, come back.

I am sure though you have heard about the $32k they spent in hiring the Max Borgess Agency to do PR for them... so far -two months into the 3 month contract-, The Agency has produced a second-level employee Q&A with the fanboys in Reddit, 2 press releases and one article in a newspaper, i believe. People in crypto have been known to have gone to hospitals with seizures due to uncontrollable laughter about the subject...

Well, not that I fully support iconic expert, but he at least warned all the time against spending these amounts on PR-companies. Actually, I was really disappointed when I saw that Joel Bosch guy showing up here. From the moment he was doing his lowlevel screaming at blackcoin many real investors left. The moment I saw that guy here, I knew I had to sell, but I had too much faith in the devs and I kept all my coins ( and I have a lot VRC). Really hope Joel leaves today to blackcoin and never comes back. That guy has a negative value. When you look a blackcoin- or VRC-broadcast and you see him sreaming like a kid, you are shaking your head and quickly investigate another coin.

I believe he and his pump group has already moved on to some I/O coin

https://twitter.com/wizrig
GridWorker
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
July 27, 2014, 11:47:21 AM
 #11750


If you implement credit to crypto, you're going to get defrauded left, right, and center... 
You've heard of coin.mx right? They don't have that problem.

vrc: VBL3M6EzwcYZWeuDpgjG9bDQzTKb4ydiDy
effectsToCause
Hero Member
*****
Offline Offline

Activity: 760
Merit: 505

VeriCoin & Verium Creator/Developer


View Profile WWW
July 27, 2014, 01:23:05 PM
 #11751

Hey guys,

The debate over identity is interesting and helpful.  At the conference we came up a with new way to handle this in a fully decentralized way where you have optional identification (mostly for merchants or any others) and complete privacy (mostly for individuals), decentralized on the blockchain.  This is a silver bullet because identity on the blockchain is very public money transmission, yet without some identification mass adoption and full business adoption may be difficult.  We think we have cracked this problem wide open, I can't give details on this because we are actively developing this right now, but it's a game changer.
onsightit
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


truth=(true?true:false);


View Profile WWW
July 27, 2014, 01:25:16 PM
 #11752

Hey guys,

The debate over identity is interesting and helpful.  At the conference we came up a with new way to handle this in a fully decentralized way where you have optional identification (mostly for merchants or any others) and complete privacy (mostly for individuals), decentralized on the blockchain.  This is a silver bullet because identity on the blockchain is very public money transmission, yet without some identification mass adoption and full business adoption may be difficult.  We think we have cracked this problem wide open, I can't give details on this because we are actively developing this right now, but it's a game changer.

Thanks, Doug.  Keep on rolling...

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
Magiklair
Member
**
Offline Offline

Activity: 273
Merit: 10


View Profile
July 27, 2014, 01:35:51 PM
 #11753



What's the next milestone for VRC?

my opinion is that this coin is already self sustaining and the dev team has demonstrated that they are willing to do what it takes to protect their investors. i would say an aggressive marketing campaign to spread the word about vericoin. more articles accentuating vericoin developments and delivery so far. let the other coins try to demonstrate what they have to compete with that. blackcoin is out of the competition though. wouldnt even buy it if i heard about a pump beginning. just trade/invest, use vericoin services and if you run into problem you know you have a competent dev team that will fix any problems that prop up once reported by the community. that's what i call a crypto-currency!

most other coins are just speculative and have those so greedy they will do whatever they think will help to manipulate the market in their favour. but vericoin is a worthy investment. these guys have always delivered exciting stuff for the community and i wouldnt be surprised if we will see more later on.

You probably haven'ty heard the last coming from casa Blackcoin: They are about to hire a new marketeer... as some of the fan-boys are beginning to claim that either or both IconicExpert and Wizrig/Joel Bosch, come back.

I am sure though you have heard about the $32k they spent in hiring the Max Borgess Agency to do PR for them... so far -two months into the 3 month contract-, The Agency has produced a second-level employee Q&A with the fanboys in Reddit, 2 press releases and one article in a newspaper, i believe. People in crypto have been known to have gone to hospitals with seizures due to uncontrollable laughter about the subject...

Well, not that I fully support iconic expert, but he at least warned all the time against spending these amounts on PR-companies. Actually, I was really disappointed when I saw that Joel Bosch guy showing up here. From the moment he was doing his lowlevel screaming at blackcoin many real investors left. The moment I saw that guy here, I knew I had to sell, but I had too much faith in the devs and I kept all my coins ( and I have a lot VRC). Really hope Joel leaves today to blackcoin and never comes back. That guy has a negative value. When you look a blackcoin- or VRC-broadcast and you see him sreaming like a kid, you are shaking your head and quickly investigate another coin.

I believe he and his pump group has already moved on to some I/O coin

https://twitter.com/wizrig

well that doesn't instill a lot of confidence..

effectsToCause
Hero Member
*****
Offline Offline

Activity: 760
Merit: 505

VeriCoin & Verium Creator/Developer


View Profile WWW
July 27, 2014, 01:58:16 PM
 #11754

Joel is still supporting VeriCoin from the backend, he decided being out in cryptoland too public is negatively effecting his reputation for his other businesses, due to some who slander him.  
buy4crypto
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250

freecrypto.top


View Profile WWW
July 27, 2014, 02:00:58 PM
 #11755

Joel is still supporting VeriCoin from the backend, he decided being out in cryptoland too public is negatively effecting his reputation for his other businesses, due to some who slander him.  

Why is he participating in other crypto then? He is currently pumping IOC. And the other day was all mad about "crypto scams" IMO I think you guys need to stop being nice to him and distance yourself. I don't think many in the community support him in any way, shape, or form. His involvement I actually felt was a black eye we where finally getting over.

For me any association he has = red flag. You guys need to be the most trusted team in crypto. Associations with that guy, a clear manipulator / liar, are not helping...

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
████ - freecrypto.top - btcinfo.top - DIGITAL CURRENCY DIRECTORIES - freeMonero.comfunbtc.xyz  ████
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
effectsToCause
Hero Member
*****
Offline Offline

Activity: 760
Merit: 505

VeriCoin & Verium Creator/Developer


View Profile WWW
July 27, 2014, 02:04:57 PM
 #11756

Joel is still supporting VeriCoin from the backend, he decided being out in cryptoland too public is negatively effecting his reputation for his other businesses, due to some who slander him.  

Why is he participating in other crypto then? He is currently pumping IOC. And the other day was all mad about "crypto scams" IMO I think you guys need to stop being nice to him and distance yourself. I don't think many in the community support him in any way, shape, or form.

For me any association he has = red flag. You guys need to be the most trusted team in crypto. Associations with that guy, a clear manipulator / liar, are not helping...

He has supported multiple coins always, he helps to get coins off the ground mostly.  He is not on the team or anything, just a member of the community.  He has come through on his commitments for VeriCoin however the company he hired didn't.  But it all doesn't really matter because he's not in the foreground anymore.
buy4crypto
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250

freecrypto.top


View Profile WWW
July 27, 2014, 02:09:47 PM
 #11757

Joel is still supporting VeriCoin from the backend, he decided being out in cryptoland too public is negatively effecting his reputation for his other businesses, due to some who slander him.  

Why is he participating in other crypto then? He is currently pumping IOC. And the other day was all mad about "crypto scams" IMO I think you guys need to stop being nice to him and distance yourself. I don't think many in the community support him in any way, shape, or form.

For me any association he has = red flag. You guys need to be the most trusted team in crypto. Associations with that guy, a clear manipulator / liar, are not helping...

He has supported multiple coins always, he helps to get coins off the ground mostly.  He is not on the team or anything, just a member of the community.  He has come through on his commitments for VeriCoin however the company he hired didn't.  But it all doesn't really matter because he's not in the foreground anymore.

That is a very scary thought. Unless he is willing to tell us if / when he has sold any coins, I don't trust it one bit. So many people where active up until the peak. Joel, (Wizrig) and others. If they give money to a project to win people over, and then fleeces the community for 10's of thousands or more, I don't think that is a win for anyone in the community. "It takes money to make money" Now that he is working the "backend" That makes it even more dangerous to me as I don't trust that guy 1 bit. Maybe others from the community can share thoughts / concerns. If I am the only one that feels this way, then so be it. But if others are as passionate about this issue as I am, maybe you all could reconsider.

We are a team, not developers / Joel, and then the community. For someone like him to work closely with anyone in privacy is the most dangerous thing that can happen to a coin. His history has proven this time, and time again.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
████ - freecrypto.top - btcinfo.top - DIGITAL CURRENCY DIRECTORIES - freeMonero.comfunbtc.xyz  ████
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
EdvinZ
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile
July 27, 2014, 02:27:49 PM
 #11758

мoнeтy cливaют, гoгнo мoнeтa

.
Imperium Platform.
██████
██████
███
███
███
███
███
███
███
███
███
██████
██████

▄██████████████████▄
███       ▀███████
███       █████████
███       █████████
███       █████████
███              ██
███   ▄▄▄▄▄▄▄▄   ███
███   ▄▄▄▄▄▄▄▄   ███
███              ███
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄███
██████████████████▀

▄██████████████████▄
███████████▀ ███████
█████████▀   ███████
███████▀     ██▀ ███
███ ▀▀       █▄▄████
███          █▀▀▀▀██
███ ▄▄       ███████
██████▄     █▄ ▀███
█████████▄   ███▄███
███████████▄ ███████
▀██████████████████▀

▄██████████████████▄
████████████████████
███████████████▀▀ ██
█████████▀▀     ███
████▀▀     ▄█▀   ███
███▄    ▄██      ███
█████████▀      ▄██
█████████▄     ████
█████████████▄ ▄████
████████████████████
▀██████████████████▀
██████
██████
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
██████
██████
.
.Decentralized Crypto Exchange & Lending Platform.
| Twitter | Facebook | Bitcointalk

Coinler
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
July 27, 2014, 02:31:39 PM
 #11759

You've heard of credit card fraud before... right?

There are ways to prevent this, as has been already mentioned above, verification is the key.
You've got to be kidding me.  Bring your 3-tier verification processes.  You're still going to get defrauded if you allow crypto purchases with credit cards - period.  If you don't understand this, then you're just being ignorant.

But please, prove me wrong... (hint: you can't, I'm just going to enjoy watching you fail if you try)

well im not here to teach you about creditcard merchant and banking technologies so if that is your view then what can i say but, you are welcome to your opinion. keep saying it's impossible, you'll believe it eventually. experienced point of sale and financial sector worker here who's worked in rooms with millions of dollars sitting next to me in cash.. but hey what do i know. if you try any creditcard fraud though via my implementation, you'll find cops at your door no matter what country u live in.

vericoin may have chosen to use a 3rd party. but doesnt that mean "not impossible"?

anyway it's past my bedtime/movietime so im off for now.
It's not just an opinion... nor does having sat next to piles of cash indicate you know anything about credit card fraud prevention.

How about this: if you're so sure nobody can defraud your credit card processing implementation, please put your money where your mouth is, and offer a public challenge to proving you wrong.

The fact your say, "you'll find cops at your door" clearly indicates that you have no clue about anonymity on the internet.  How exactly are you going to find the person that defrauded you to buy a digital product that was never shipped?  And even if you are talking about a merchant that physically ships products, it's going to be a drop address, and the recipient will be long gone by the time you get the credit card charge back...

So... Prove it or shut the fuck up - and I'll happily disprove anything you try to prove about your recent comments. So, I would suggest you go with the "shut the fuck up" option, and stop talking about what you don't know.  You show me somewhere that you can purchase crypto currencies with credit cards, and I'll show you somewhere that is (or will be) actively being defrauded.



And BTW, working with large sums of cash that isn't yours is easy - most people learn quickly not to associate that cash with spendable money, and instead view it as a sort of monopoly money - it can be counted, but has no real world value to you.

i would respond to this. believe me i would, but ive said enough on the topic. i know all about credit card processing technologies, the holes and loopholes in various implementations and what you say isnt far from the truth. but truth be told.. the more information i provide is the more information i provide for free. so if noone believes it is possible, then that just leaves the door open for me to deliver something brand new to cryptocommunity. im working on developing my own project atm and these features are part of my project roadmap. a roadmap where i have the contacts and experience to deliver on every single aspect of it over a 24 month period. it wont be just empty promises. i have my methods of solving problems. it's what i do for a living. im a thinker/inventor etc!

what i will tell you is that i also intend to place bounties out for hackers to try to exploit our code. i intend to hire hackers on contract to further stress test any new technologies i implement so im not afraid of that. ill give you this.. you may be right in saying "there is no 100% security on the internet" and that is absolutely true! but what can be done is that the process is made so difficult to perform, that only a few would take the time, or have the knowhow to perform it. are you going to intercept a call from the bank to it's true cardholder before the transaction is approved? sure you could steal their phone, but what if its on a landline, you'll go outside their house and phreak their box? im no stranger to these technologies my friend. theres alot more that can be done as well regarding security. there are multiple facets.

the last thing i will say on the topic is about chargebacks is that if you provide the required verification through the right channels, then chargebacks dont become an issue and the bank will repay it's real creditcard owner via it's insurance setup. so the merchant doesnt suffer any chargeback issues once they agree to operate under certain protocols.

either way, i can debate a topic without cussing and getting on like a raunchy idiot to get my point across. to me i consider that behaviour losing the debate. so dont frustrate yourselves mate. its just a conversation on the internet.
Coinler
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
July 27, 2014, 02:36:59 PM
 #11760

Guys... any update on when the next rollback will happen? I'd like to know so I can make a few grand on it if possible.



wait.. what? they havent done the rollback yet? i thought they froze all exchanges in a coordinated effort and did the rollback already??
Pages: « 1 ... 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 [588] 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 ... 963 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!