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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1355397 times)
socal
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July 27, 2014, 04:25:10 PM
 #11761

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.

Tom first off congrats on cutting through the garbage on here and not being scared away, secondly probably one of the most useful and well written analysis' to date

 
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July 27, 2014, 04:25:50 PM
 #11762

let's keep up the positivity and energy guys.. Vericoin is going places!
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July 27, 2014, 04:26:14 PM
 #11763

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.

Thank you Tom this is fantastic!  Great work!
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July 27, 2014, 04:39:53 PM
 #11764

I noticed again few things. Situation now says that most of the ppl are calling for pumps just to finally get away from Vericoin because insane manipulation going on here.
Must say that for the most of the ppl some of you mentioning here I have never heard of. After little investigation few of them joined crypto world few months ago and you expecting for them to do something. In that short period of time I wonder how much they learned at all about crypto. Looking at those tweets I noticed that lot of things happened before are surprise for them. Complete story about exchanges, dumps or other things. In those comments I can see how much experience they have. It is not enough to invest lot of money into BTC and became man who can decide what goes up and what goes down. You are calling a man who joined crypto 5 months ago to pump vericoin price. How desperate this is?

Vericoin will get fair price only if one of the two things happen:
1. Some major company decide to invest and buy at least 75% of them keeping them as an investment fund, protecting the price by not selling them
2. Fair distribution of the coin when every crypto user realizes that he needs to own ~100 VRC just like he knows that he needs to own some BTC/LTC/FTC      

For first option everything is prepared now because of the devs dedicated work and for last option we need one year to pass.

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July 27, 2014, 04:50:25 PM
 #11765

I noticed again few things. Situation now says that most of the ppl are calling for pumps just to finally get away from Vericoin because insane manipulation going on here.
Must say that for the most of the ppl some of you mentioning here I have never heard of. After little investigation few of them joined crypto world few months ago and you expecting for them to do something. In that short period of time I wonder how much they learned at all about crypto. Looking at those tweets I noticed that lot of things happened before are surprise for them. Complete story about exchanges, dumps or other things. In those comments I can see how much experience they have. It is not enough to invest lot of money into BTC and became man who can decide what goes up and what goes down. You are calling a man who joined crypto 5 months ago to pump vericoin price. How desperate this is?

Vericoin will get fair price only if one of the two things happen:
1. Some major company decide to invest and buy at least 75% of them keeping them as an investment fund, protecting the price by not selling them
2. Fair distribution of the coin when every crypto user realizes that he needs to own ~100 VRC just like he knows that he needs to own some BTC/LTC/FTC      

For first option everything is prepared now because of the devs dedicated work and for last option we need one year to pass.

Feather Coin...really!?!
Coinler
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July 27, 2014, 04:56:12 PM
 #11766

I noticed again few things. Situation now says that most of the ppl are calling for pumps just to finally get away from Vericoin because insane manipulation going on here.
Must say that for the most of the ppl some of you mentioning here I have never heard of. After little investigation few of them joined crypto world few months ago and you expecting for them to do something. In that short period of time I wonder how much they learned at all about crypto. Looking at those tweets I noticed that lot of things happened before are surprise for them. Complete story about exchanges, dumps or other things. In those comments I can see how much experience they have. It is not enough to invest lot of money into BTC and became man who can decide what goes up and what goes down. You are calling a man who joined crypto 5 months ago to pump vericoin price. How desperate this is?

Vericoin will get fair price only if one of the two things happen:
1. Some major company decide to invest and buy at least 75% of them keeping them as an investment fund, protecting the price by not selling them
2. Fair distribution of the coin when every crypto user realizes that he needs to own ~100 VRC just like he knows that he needs to own some BTC/LTC/FTC      

For first option everything is prepared now because of the devs dedicated work and for last option we need one year to pass.

Feather Coin...really!?!


+1 LTC really?
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July 27, 2014, 04:57:15 PM
 #11767


2. Fair distribution of the coin when every crypto user realizes that he needs to own ~100 VRC just like he knows that he needs to own some BTC/LTC/FTC       
 


And that's where you lost me. FTC is a dead coin. It's done. No one needs FTC. It's shit.
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July 27, 2014, 04:57:43 PM
 #11768

I'm going to Hawaii at the end of the month.. I would love to spread Vericoin while being there..
if you wanna tip or pitch in.. my address is VMymgbkuoZAd6qAov3n5fKZBAuKy6qCqt7

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July 27, 2014, 05:09:11 PM
 #11769

I'm going to Hawaii at the end of the month.. I would love to spread Vericoin while being there..
if you wanna tip or pitch in.. my address is VMymgbkuoZAd6qAov3n5fKZBAuKy6qCqt7



only if you go find smoothie and give him some VRC.....

 
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July 27, 2014, 05:17:24 PM
 #11770

Who is unek and why has he banned be from IRC? This is bullshit. I'm sick and tired of not being able to express my feelings in the open. I want to know who this unek is.

https://i.imgur.com/NJHaXjD.png
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July 27, 2014, 05:22:27 PM
 #11771

Who is unek and why has he banned be from IRC? This is bullshit. I'm sick and tired of not being able to express my feelings in the open. I want to know who this unek is.



unek made the android wallet
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July 27, 2014, 05:26:10 PM
 #11772

Who is unek and why has he banned be from IRC? This is bullshit. I'm sick and tired of not being able to express my feelings in the open. I want to know who this unek is.

https://i.imgur.com/NJHaXjD.png

unek made the android wallet

I don't care. He had no right to ban me for expressing my opinion about this Wiz guy.  Effects, pnosker. unban me and get this Wiz guy off @ in irc.
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July 27, 2014, 05:34:14 PM
 #11773

Who is unek and why has he banned be from IRC? This is bullshit. I'm sick and tired of not being able to express my feelings in the open. I want to know who this unek is.



unek made the android wallet

I don't care. He had no right to ban me for expressing my opinion about this Wiz guy.  Effects, pnosker. unban me and get this Wiz guy off @ in irc.

Shill...you kind of attacked him from the get go. Theres no place for that...constructive criticism is fine. But an all out attack is uncalled for...

Unek should of warned your first tho...I don't agree with banning someone without do warning.

Hey Pat, Doug, and Dave can you talk to the IRC Mods and let them know to give people a warning before banning them, I think that would be a better way to go.
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July 27, 2014, 06:41:02 PM
 #11774

vrc is dead.. so dead
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July 27, 2014, 06:49:39 PM
 #11775

time for vericoin to implement decentralized in-wallet exchange. i may be willing to help with the design.

I agree decentraliced exchanges are needed more then ever especially for pos coins like vericoin.
If that happens we all will be veri rich Smiley

We are working with a group to get a decentralized exchange, we will look into the possibility of it being in the wallet, that's a nice idea.  Though it may be technically difficult, let's see.

sounds good. go ahead and nail down your ideas for it and if u get stuck with anything just message me and ill see if i can help you solve it.

ill try to be in the irc channel more often

Best Regards,
Coinler
Coinler, why don't you buy as much VRC as you can handle right now while its cheap.  Then once you get stuffed with VRC, begin working with the VRC devs to help design and implement a Vericoin debitcard type setup where the merchant POS system reads the magnetic strip and reads the required PIN code, then realtime queries the linked Vericoin wallet and approves funds, then credits the Merchant's Vericoin account with USD.

 Then the online VRC wallet that is linked to the debit card would be debited in VRC.  This would require a company type setup because the merchant would need to trust Vericoin enough to have an account that would always be credited with USD at the time of each sale.  

One by one you would signup major merchants like BestBuy, Lowes, Walmart, Ikea, Grocery Store chains, gas stations, etc....

Lastly, once we have a solid Vericoin debitcard working with some major merchants we together as a community do a crowdsourcing campaign Dogecoin style and collect marketing funds that will be used solely to purchase google adwords for select searches and buy online ads in choice markets to drive brand new user interest into Vericoin where we point them to where a "new to crypto" user can quickly load their wallet with Vericoins, order their debitcard, and begin using it to make local purchases!
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July 27, 2014, 07:01:45 PM
 #11776

vrc is dead.. so dead

Pretty sure people are still here.

When people go out of their way to attack you. (Bob, Smoothie, et cetera.) It's when you know you're doing something right. Otherwise why would they come here?
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July 27, 2014, 07:10:05 PM
 #11777



Hey Pat, Doug, and Dave can you talk to the IRC Mods and let them know to give people a warning before banning them, I think that would be a better way to go.

This, you just end up pissing people off that are already on your side. Agreed.

Edit: and just to clarify Pnosker took care of it immediately for me. So thanks Pat.
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July 27, 2014, 07:20:36 PM
 #11778

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.

Thank you Tom this is fantastic!  Great work!

+100

Agreed,

Tom do you have a vericoin address? I'd like to donate a few for your amazing insight and well thought out work. Please share it or have I missed it with all the fud posts? Thanks.
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July 27, 2014, 08:11:09 PM
 #11779

Only 4Mil coins being staked, it used to be 10-15mil.. like clock work. Sorry fellas, its time for me to sell.. been holding from 900..put your orders in on cryptsy..time for someone else to hold mine, while I take profits. Good team, good coin.. good intentions... but every day my profits go lower n lower = not for me any more.
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July 27, 2014, 08:22:44 PM
 #11780

Only 4Mil coins being staked, it used to be 10-15mil.. like clock work. Sorry fellas, its time for me to sell.. been holding from 900..put your orders in on cryptsy..time for someone else to hold mine, while I take profits. Good team, good coin.. good intentions... but every day my profits go lower n lower = not for me any more.[/size]

bye bye nutless. I'll buy them up how much you got. 30k? lol.
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