[ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released

[PositivelyInsane]

this is a very good idea to start non-techies how to purchase vericoins.. a company in the philippines launched this recently.. like phone cards..http://prepaidbitcoin.ph

would get vericoin closer to the masses..http://prepaidbitcoin.ph

[altcoinUK]

I'm getting a little bit scared. 50% of my investment is lost. VRC features are beeing copied and the value of other coins explodes (cloak,rdd and others). Have we already seen the top value of VRC?
If I would have invested the 4 BTC in RDD at the same time, I would have 24 BTC now, so I only have 2.
I hope beeing patient is not a kind of stupidity.

Regards,
Michael

P.S.: I just looked in my wallet. I've got 0,4 VRC from the mining pool in the last 24 hours and 0,0 VRC from stakeing. So why should i keep the machines running?

It's your money, but as I've stated before, I've not heard of anything wrong with VRC.  It's healthy, works well, good community, etc.  If you sell now, feel free to sell into my buys, but you would probably be selling at a low.

If you would be a big buyer the VeriCoin order book would not be a pathetic 15 BTC.

[PositivelyInsane]

I'm getting a little bit scared. 50% of my investment is lost. VRC features are beeing copied and the value of other coins explodes (cloak,rdd and others). Have we already seen the top value of VRC?
If I would have invested the 4 BTC in RDD at the same time, I would have 24 BTC now, so I only have 2.
I hope beeing patient is not a kind of stupidity.

Regards,
Michael

P.S.: I just looked in my wallet. I've got 0,4 VRC from the mining pool in the last 24 hours and 0,0 VRC from stakeing. So why should i keep the machines running?

I feel for you.. me too., down 50%… it is too late to sell now - as prices are very low, will only hurt more..what I'm trying to do is hold 90% of my vericoins, 10% i sold off and put in other coins that are promising to make some profit..and continue to buy cheap vericoin at low prices…IMO there is nowhere to go but up when we are this low.. good thing the devs are still here and continuing with the effort…so i dont think VRC will die soon

[altcoinUK]

I'm getting a little bit scared. 50% of my investment is lost. VRC features are beeing copied and the value of other coins explodes (cloak,rdd and others). Have we already seen the top value of VRC?
If I would have invested the 4 BTC in RDD at the same time, I would have 24 BTC now, so I only have 2.
I hope beeing patient is not a kind of stupidity.

Regards,
Michael

P.S.: I just looked in my wallet. I've got 0,4 VRC from the mining pool in the last 24 hours and 0,0 VRC from stakeing. So why should i keep the machines running?

I fully understand your concerns. I am a very big fan of this coin, I have lots of VeriCoin so I would really like to see the price is going up, but things are not going well with this coin.

[abercrombie]

I'm not in VRC, but did see this cool image on twitter today.

[AcidSplash]

What's up with this coin? Used to hold 30k well. Now it can't even hold 15k?

[smoothie]

Double bottom confirmed, we are about to bounce up and the true rocket will go off after we cross 21-22k sato.

Yup "double bottom" confirmed.

lol

Now price is  0.00014404.

Yup that bottom price on the 28th as you claimed is now "the double bottom that is confirmed".

 

[Shill]

What's up with this coin? Used to hold 30k well. Now it can't even hold 15k?

Oh if I only had a dollar every time someone said that when litecoin went from 8 cents to 4 cents. Those were the days.

But litecoin never had this kind of community. Seriously. Look at it's reddit. It's the second coin in terms of market cap and doge is leading it in subscribers, and not by a thin margin either.

Traders looking for quick profits jump from coin to coin. This is a long term investment and not a make me rich in an afternoon pump and dump coin. Don't invest with money you can't afford to have locked up for some time.

I can say that I've made far more business connections in the doge and vericoin communities than I ever did with Litecoin.

[CryptoClub]

Mintpal is getting taken over by Moohpay, so the scammers should lose some volume then, as their exchange will as well. (There were a lot less PnD scams going on when most of the volume was at Mintpal - previous to the hack)

Right now it is mostly going into fake-anon coins being PnDed and listed without care. (Few that have a future beyond weeks)

[tazmania]

What's up with this coin? Used to hold 30k well. Now it can't even hold 15k?

When you got other coins exploding you can sell and double or triple your money. Then come back to VRC if you want.

[Coinler]

What's up with this coin? Used to hold 30k well. Now it can't even hold 15k?

When you got other coins exploding you can sell and double or triple your money. Then come back to VRC if you want.

or lose half ur ass buying in at the peak of those other coins and come back and get less vericoin lol

[libertynow]

Double bottom confirmed, we are about to bounce up and the true rocket will go off after we cross 21-22k sato.

Yup "double bottom" confirmed.

lol

Now price is  0.00014404.

Yup that bottom price on the 28th as you claimed is now "the double bottom that is confirmed".

 

How about a triple bottom?  Does that exist?  I think the 14k is pretty solid resistance point.  If there's a consistent breakthrough on that, I think we're in for a fall.

[ljm81]

Consider not trading on bittrex people n get your asses back to mintpal, i said from the start when the hack happened n all was hating on mintpal that bittrex is a feeder for most scam coins out there, i mean serious look at there top coins its a joke lol.

Remember lightning hardly ever strikes in the same place twice and in my experience after a company suffers a huge f`up like that security gets alot better not more slack.

Totally your choice tho peeps im not playing mr bossy telling people what to do but it something to be considered  

[Coinler]

Consider not trading on bittrex people n get your asses back to mintpal, i said from the start when the hack happened n all was hating on mintpal that bittrex is a feeder for most scam coins out there, i mean serious look at there top coins its a joke lol.

Remember lightning hardly ever strikes in the same place twice and in my experience after a company suffers a huge f`up like that security gets alot better not more slack.

Totally your choice tho peeps im not playing mr bossy telling people what to do but it something to be considered  

i just took all my holdings off mintpal. i sense something is not right with them atm.

[Monkeys]

On another note, how about some nice pics of VeriBit being used to withdraw GBP from a Bitcoin ATM in London?

Flight Tickets purchased via Cheapair with Bitcoin
Hotel room booked and paid via Expedia with Bitcoin

GBP to cover trip expenses, withdrawn via Android Vericoin wallet, through VeriBit.



KaCHing!!!

Thanks Vericoin, you saved someone's bacon when they were left high and dry by a late paying client.

I just wanted to bump this and reiterate that it is by far the best example of the use of Veribit, or possibly even crypto in general, in a real life situation =)

Great stuff.

[bamsterdam]

these prices of vericoin seems like a good change to buy in but I have some (noob)questions. If someone could help me with these  

Are the devs of vericoin still active ? What are they working on at the moment? What is the long term goal/ vision

Reddit seems to be where the most action is for vericoin? This tread dont seem that active at the moment. I actually mostly read btctalk only, so much to read to little time... are there things that are a 'must read' for vericoin?

Are there some projects that are done by the community?

Where do the devs update ? Here ?

Is there a reason for the down trend except the 'normal' down trend a lot of alts are experiencing at the moment especially those who a a beg rise some weeks/moths ago like drk, also volume seems low in the hole altcoin market, whales are on vacation ?

[nyktalgia]

SEems like cloak is blowing this shit in the water.... this is so depressing for me tow atch...... I was sittin on fucking 6 k cloak and i sold WAYYYYYY to early, i could have made a fortune by now!   I hope VRC will be my redemption, but its looking grim against cloak which hasn't even been out as long! hahaha

[ljm81]

Yer mintpal seemed abit odd and quiet for a few days after the hack but vols def picking up again n things getting back on track.
I aint got no issues with mintpal mainly cuz i am a hacker and i fully understand that "every" website is vulnerable you just got to find the vulnerability. Bittrex is a bad apple for all serious crypto! 

On another unrelated matter that boggles me is all this dribble i keep hearing about just stake your coins just stake your coins... No dont just stake your coins soding trade!!

If everybody's just staking and holding on to their VRC like that little fucked up dude out of lord of the rings then whats gonna cause the upwards price drive?.. the price is set by market activity, no activity no price!
On top of what seems to be a wrong way of thinking were getting swamped out by a endless string of scam coins on bittrex!!

[Monkeys]

Yer mintpal seemed abit odd and quiet for a few days after the hack but vols def picking up again n things getting back on track.
I aint got no issues with mintpal mainly cuz i am a hacker and i fully understand that "every" website is vulnerable you just got to find the vulnerability. Bittrex is a bad apple for all serious crypto! 

On another unrelated matter that boggles me is all this dribble i keep hearing about just stake your coins just stake your coins... No dont just stake your coins soding trade!!

If everybody's just staking and holding on to their VRC like that little fucked up dude out of lord of the rings then whats gonna cause the upwards price drive?.. the price is set by market activity, no activity no price!
On top of what seems to be a wrong way of thinking were getting swamped out by a endless string of scam coins on bittrex!!

That's a good point about trading. I think some volume could do the price of VRC a world of good!

I still boycott Mintpal though. As much as you can say that there is a vulnerability in every website etc. The fact is that they left their VRC in the hot wallet when they should have had it in cold storage. They have admitted to this 'oversight' on their part. If they had done what they should have and stored the majority of the coins in cold storage, then no amount of hacking would have been able to steal all the VRC..

[Xosihc]

these prices of vericoin seems like a good change to buy in but I have some (noob)questions. If someone could help me with these  

Are the devs of vericoin still active ? What are they working on at the moment? What is the long term goal/ vision

Reddit seems to be where the most action is for vericoin? This tread dont seem that active at the moment. I actually mostly read btctalk only, so much to read to little time... are there things that are a 'must read' for vericoin?

Are there some projects that are done by the community?

Where do the devs update ? Here ?

Is there a reason for the down trend except the 'normal' down trend a lot of alts are experiencing at the moment especially those who a a beg rise some weeks/moths ago like drk, also volume seems low in the hole altcoin market, whales are on vacation ?

1. Yeah the devs are still active - I've reached out to them a few times and have often gotten a reply within hours. If you want to talk to them directly you can usually find them on the IRC channel.

2. A good 'must read' for vericoin just recently came out at the Vericoin party that was held a few days ago...  http://www.vericoin.info/downloads/talk.pdf

3. Someone can probably answer that better than I. Veribit... Veritalk radio... Andriod app to name a few

4. Devs update in IRC mostly, then people spread the word through other channels. I personally use bitcointalk.org myself so I complain frequently there isn't enough info here. But socal and a few others do a pretty good job trying to keep this forum updated.

4. Downtrend is happening because it went up 200% over a couple days (like most coins) and then is just coming back down to the norm. I couldn't even tell you what the 50/200 MA would be from a technical standpoint but we're probably coming back down to the norm. The mintpal hack/hardfork sure didn't help things either. Not sure if it will ever recover from that.

Outside of those last points I think VRC is still a great coin to invest in - I picked up another BTC or so worth a few days ago back around the 15k-16k area. Given the technicals I have a feeling you can probably wait a little longer and still pick up some more at a lower price but knowing alt coins and the way they move, at any moment it could jump back to 30k+