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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1351093 times)
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August 01, 2014, 03:55:34 AM
 #12021

VeriCoin soon to be accepted where Visa/Master card is accepted?? Holy sh#%

Game, set, match if this is true.

http://youtu.be/lJ9yLREpCgM?t=55m10s

Wow, that really would be an killer feature.
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August 01, 2014, 03:59:18 AM
 #12022

VeriCoin soon to be accepted where Visa/Master card is accepted?? Holy sh#%

Game, set, match if this is true.

http://youtu.be/lJ9yLREpCgM?t=55m10s

Wow, that really would be a killer feature.

+1

That would be absolutely unreal, completely game changing!!

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August 01, 2014, 04:05:00 AM
 #12023



Hangout Live now - #bitcoin Talk (with @VeriCoin & @LockerGnome)

http://youtu.be/lJ9yLREpCgM

All episodes here: http://veritalk.info/index.php/topic,52.0.html

VeriMarket, is there one? I'm sure it's would be a game changer. It would be easy to code if VeriCoin already have ewallet.

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Investing123
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August 01, 2014, 04:15:04 AM
 #12024

Happy to hear about the iOS wallet, and decentralized exchange Smiley

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August 01, 2014, 04:17:06 AM
 #12025

I know this will mean a centralised service integrated with legacy systems but if the proposed card CAN actually be used in any place Visa or Mastercard can be used, the team have definitely cracked it.
I fully believe in getting as much as possible decentralised but for the moment, I believe we must work alongside existing FIAT services.This would be a fantastic way to get new people into VRC and find how easy it is to use. I presume I will not need to have a bank account to get one of the cards. Think about that.
Most of the world is not American or first world. For now, most of the world uses local FIAT currency and crypto is of about as much use to them as a rubber crutch in a swamp. Sure, it's easy to sms or e-mail it to them but then what do they do with it?
I have an ANX (Hong Kong ) Visa debit card that I can top-up with BTC and it means I can work abroad and send funds to family without the need for them to have access to internet, smartphone, a currency exchange, a bank account or a local agent. There are fees but it gets things down to a simple set of steps. I buy crypto. I deposit. I use crypto to load the card in USD. The end user draws local currency from any atm that accepts Visa. Simples.
I wouldn't mind paying for the proposed VRC card to get one but I hope the card will not have a "loading" or top-up charge or annual fee.
I hope charges for use (ATM withdraw, POS purchases ) will be reasonable. The ANX card charges are too high.
One of the things I love about VRC team is the way they think outside the envelope and try to get VRC to the point at which anyone can use it anywhere.
Good luck with the card idea. If anyone asks why I do not simply use a bank Visa card it's because this way I can get VRC in front of people and without needing a bank account. Utility is the key to getting widespread use.
I think great work guys. You can put me down for several VRC cards as soon as they are available.  Grin
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August 01, 2014, 04:19:45 AM
 #12026

oh my god... there is life in this coin! Almost 7, yes count that SEVEN btc worth of volume over the last hour Smiley

Looks like things are coming up Milhouse!
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August 01, 2014, 04:38:59 AM
 #12027

VeriCoin soon to be accepted where Visa/Master card is accepted?? Holy sh#%

Game, set, match if this is true.

http://youtu.be/lJ9yLREpCgM?t=55m10s

Not even bitcoin is accepted yet by any major credit card or banks, gonna be epic if it's true. Still have to break that great vericoin 42 btc sell wall though, gonna be fun to see it get eaten Wink

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August 01, 2014, 04:40:52 AM
 #12028

VeriCoin soon to be accepted where Visa/Master card is accepted?? Holy sh#%

Game, set, match if this is true.

http://youtu.be/lJ9yLREpCgM?t=55m10s

Not even bitcoin is accepted yet by any major credit card or banks, gonna be epic if it's true. Still have to break that great vericoin 42 btc sell wall though, gonna be fun to see it get eaten Wink

already past that on bittrex! guess people don't really care about mintpal anymore =p
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August 01, 2014, 04:42:43 AM
 #12029

VeriCoin soon to be accepted where Visa/Master card is accepted?? Holy sh#%

Game, set, match if this is true.

http://youtu.be/lJ9yLREpCgM?t=55m10s

Not even bitcoin is accepted yet by any major credit card or banks, gonna be epic if it's true. Still have to break that great vericoin 42 btc sell wall though, gonna be fun to see it get eaten Wink

42 BTC sell wall jsut got pulled, hold on people, I think we could be in for a ride =P

EDIT: That sell wall was never going to actually get sold anyways, the seller would be mad to just let it get eaten.. So they pulled it.

EDIT 2: Sorry, it got put back...

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August 01, 2014, 04:48:07 AM
 #12030

VeriCoin soon to be accepted where Visa/Master card is accepted?? Holy sh#%

Game, set, match if this is true.

http://youtu.be/lJ9yLREpCgM?t=55m10s

Not even bitcoin is accepted yet by any major credit card or banks, gonna be epic if it's true. Still have to break that great vericoin 42 btc sell wall though, gonna be fun to see it get eaten Wink

42 BTC sell wall jsut got pulled, hold on people, I think we could be in for a ride =P

EDIT: That sell wall was never going to actually get sold anyways, the seller would be mad to just let it get eaten.. So they pulled it.

EDIT 2: Sorry, it got put back...

It will getting eat up when volume start to pick up, the problem is everyone at bittrex right now. mintpal is shit. mintpal 24 HR Volume 1239.158 BTC compare to 2537.27 BTC at bittrex. I also notice everytime a coin is breakout at bittrex then mintpal and cryptsy would copycat into their shit site.

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August 01, 2014, 05:01:36 AM
 #12031

VeriCoin soon to be accepted where Visa/Master card is accepted?? Holy sh#%

Game, set, match if this is true.

http://youtu.be/lJ9yLREpCgM?t=55m10s

Not even bitcoin is accepted yet by any major credit card or banks, gonna be epic if it's true. Still have to break that great vericoin 42 btc sell wall though, gonna be fun to see it get eaten Wink

42 BTC sell wall jsut got pulled, hold on people, I think we could be in for a ride =P

EDIT: That sell wall was never going to actually get sold anyways, the seller would be mad to just let it get eaten.. So they pulled it.

EDIT 2: Sorry, it got put back...


It will getting eat up when volume start to pick up, the problem is everyone at bittrex right now. mintpal is shit. mintpal 24 HR Volume 1239.158 BTC compare to 2537.27 BTC at bittrex. I also notice everytime a coin is breakout at bittrex then mintpal and cryptsy would copycat into their shit site.

It's getting nibbled at now!

Nom nom nom nom..

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August 01, 2014, 05:40:59 AM
 #12032

VeriCoin soon to be accepted where Visa/Master card is accepted?? Holy sh#%

Game, set, match if this is true.

http://youtu.be/lJ9yLREpCgM?t=55m10s

Not even bitcoin is accepted yet by any major credit card or banks, gonna be epic if it's true. Still have to break that great vericoin 42 btc sell wall though, gonna be fun to see it get eaten Wink

42 BTC sell wall jsut got pulled, hold on people, I think we could be in for a ride =P

EDIT: That sell wall was never going to actually get sold anyways, the seller would be mad to just let it get eaten.. So they pulled it.

EDIT 2: Sorry, it got put back...


It will getting eat up when volume start to pick up, the problem is everyone at bittrex right now. mintpal is shit. mintpal 24 HR Volume 1239.158 BTC compare to 2537.27 BTC at bittrex. I also notice everytime a coin is breakout at bittrex then mintpal and cryptsy would copycat into their shit site.

It's getting nibbled at now!

Nom nom nom nom..

Someone took a 4 BTC bite of the sell wall. They've backed off a bit again now, must be full. They'll get hungry again soon ;-)

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August 01, 2014, 08:29:16 AM
 #12033

What I don't understand: everytime VRC is starting to rise, some people are trying to keep it down. It was extreme when VRC was around 30 to 40k, the more people wanted to buy VRC, the bigger the sell walls got. What's behind this? Are there people or groups behind, that doesn't want to let VRC grow? Any explanations?

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August 01, 2014, 09:33:02 AM
 #12034

What I don't understand: everytime VRC is starting to rise, some people are trying to keep it down. It was extreme when VRC was around 30 to 40k, the more people wanted to buy VRC, the bigger the sell walls got. What's behind this? Are there people or groups behind, that doesn't want to let VRC grow? Any explanations?

It is called speculation.

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August 01, 2014, 10:38:38 AM
 #12035

What I don't understand: everytime VRC is starting to rise, some people are trying to keep it down. It was extreme when VRC was around 30 to 40k, the more people wanted to buy VRC, the bigger the sell walls got. What's behind this? Are there people or groups behind, that doesn't want to let VRC grow? Any explanations?

It is called speculation.

Speculation on what? It Looks like there are a lot of people  afraid that VRC explodes. Actually there is a 34 BTC sell wall on MP around 18k. It makes no sense to me. If people wanted to buy cheap VRC they could've done it at around 14k. So who's interested keeping VRC down?

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August 01, 2014, 11:09:30 AM
 #12036

What I don't understand: everytime VRC is starting to rise, some people are trying to keep it down. It was extreme when VRC was around 30 to 40k, the more people wanted to buy VRC, the bigger the sell walls got. What's behind this? Are there people or groups behind, that doesn't want to let VRC grow? Any explanations?

It is called speculation.

Speculation on what? It Looks like there are a lot of people  afraid that VRC explodes. Actually there is a 34 BTC sell wall on MP around 18k. It makes no sense to me. If people wanted to buy cheap VRC they could've done it at around 14k. So who's interested keeping VRC down?

My theory around that 18k sell wall is that the person hasn't accumulated enough cheap VRC yet. The volume has been so low that they would've struggled to get 20BTC worth at around 15k over the past few days. So if they want to accumulate more at that price they'll need to keep the sell wall up a bit longer.

That's just my theory though.. Tbh I have no idea why the price is staying down so long =/

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August 01, 2014, 11:12:49 AM
 #12037

Its more or less a overall market thing / summer thing. Most people with money to invest are on vacation enjoying the summer. Stock markets, equity markets of all kinds are slower at this time of year.

A lot of people at this time of year are cashing out, in a few months a lot of that money will be coming back. I was a little upset at first seeing the decline. But it seems to be a natural market phase, this isn't a VRC thing specific, I don't think.

My birthday is Aug 9, I have vacation plans that require fiat, so I am out of capital to invest for that very reason. In the fall / winter I'll have some more firepower.

Also, another reason for a decline in btc value and maybe the broader market came from the S3 sales in bitcoin only. You got a lot of pressure on btc for a bit while bitmain sells all the s3's for bitcoin. The s1 was over 20% of the bitcoin network at one point. So I got a feeling S3's are going to drain some money from other crypto investments in short term.

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August 01, 2014, 11:18:42 AM
 #12038

Ok, but the News of today are old tomorrow. The pumps happen short before or after the News are published. In three days these guys can take away their sell walls and nothing happens. It's really VRC specific. People see those sell walls and stay out. I'm getting crazy about that or maybe I'm just paranoid

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August 01, 2014, 11:21:40 AM
 #12039

Ok, but the News of today are old tomorrow. The pumps happen short before or after the News are published. In three days These guys can take away their sell walls and nothing happens. It's really VRC specific. People see those sell walls and stay out. I'm getting crazy about that

This is why I mentioned days ago it feels like someone has this coin by the balls. Was a bot working a "777" amount on several exchanges. Arbitraging a coin that generally is 5% + margin is pretty easy money for the person creating arbitrage. Meanwhile that profit comes out of VRC shareholders on the daily.

I just hope that the "soon" shit stops and we get, "Here is what we promised" more often. It sucks being rushed, and so did the quality of our offering's when done in such a way.


You know how hard it was to look my friend in the eye and tell him that the "Fiat in wallet" was the feature he was waiting for. I pumped that up to him so hard, because I trully believed it was going to change the game. A link to a website, the same links we had for forums, ect... It's very depressing to think about this and how everything played out. A month late for a simple link. Yet everyone was on twitter, and all over saying how it was the best thing ever. I convinced a friend to buy into VRC because he liked the idea so much. After he saw everything come out, he wanted out at any cost.

I think VRC is great, with the right team, and ideas. Execution is the problem with VRC and how it does business. This will be an interesting case study. Lack of execution that has been haunting VRC for about a month now. To see more "coming soons" is such a turn off for me. I can name several current projects off hand IMO that have more relevance to current investors than pumping the next "its coming soon" release.

I'd like for our team to say the plan, and make it great from start to finish before announcing more things that will release "soon". Starting / stopping / promising the next thing without completing the current task looks terrible. It looks like momentum is more important than fundamentals sometimes, and that is no bueno.

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August 01, 2014, 11:57:51 AM
 #12040


Tbh I have no idea why the price is staying down so long =/


The price is staying down because there are not enough buyers for this coin and the very little interest in vericoin has nothing to do with the holiday season, Ethereum nor BTC price. The 34 BTC sell wall is nothing if there is even a small interest in the coin. 5% of Viacoin volume would take care of that 34 BTC sell wall. I have lots of Viacoin and I am happy that it goes well, but I have lots of vericoin as well and I would like to see that Vricoin get more volume. The more volume is not going to happen until there is more substance from the devs or Daikoku or some other P&D group pump but why anyone would pump when 90% of the IRC chatters/tweeters is so desperate for a pump and would dump this coin at 40K.

I have been just watching the hangout, if I understood correctly the devs are interested in blockchain 2 technology and having brain storming about what and how to implement terms of blockchain 2. That's great, better to start later than don't start at all, but unfortunately the race is on and other coins are already bypassed this brain storming phase and actively developing blockchain 2 solutions or at least disclosing news about actual plans. On the other hand, no one has delivered anything yet in blockchain 2, and if the Vericoin devs deliver something on blockchain 2 that actually works then Vericoin could be OK. We will see. It would be great if vericoin wouldn't be one from the thousands of useless altcoins and would survive, but that's not going to happen without an integrated blockchain 2 feature.
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