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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1342456 times)
arieq
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August 06, 2014, 08:53:20 AM
 #12341

Are you guys sure? Or just positive? Because I am so close to unload my stash...

I am about to unload my stash as well... ough, no.. the price has already dropped like a rock, < 10k is coming in the next 2 days

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GaliX
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August 06, 2014, 10:08:43 AM
 #12342

Could you guys imagine how big a true (and on top audited) decentralized exchange would be? People would swarm in like crazy. There is a long talk about a decentralized exchange in the BTCitcoin community since the Mt. Gox drama. People like Andreas Antonopoulos are very interested in this for a long time now. We could also get a lot of media attention over Andreas and Let's Talk Bitcoin. If Adam B. Levine is talking about a coin it's like like an accolade for the coin on the long term.

There is a big big demand to get an exchange in which assets are not steal able. Neither by the people running the exchange neither by hackers. The single point of failure hurt a lot of people. There is no exchange I am currently trusting. Mt. Gox, Poloniex, Mintpal and other have proven again and again there will also be a point of failure. In the end it doesn't matter if a Government, an admin or an Hacker creates this situation where assets are gone.


Vericoin is currently one of the few coins competent, active and on top smart enough to achieve this milestone in the Bitcoin history. The demand is just huge.
But it would take 3 People too long to get a working exchange in time. We need to get bigger. Volunteers (which can be tipped), investors for a foundation to hire people and make the hole process accelerate. How many people are involved in the development of Etherum? 60? That's totally different universe.

The foundation should get in the end most of the fees charged by the exchange to make it lucrative to them investing.

I would love the see Vericoin to succeed. But if we can achieve this. This would be outstanding. This is a real opportunity to get big.

In my opinion the exchange should aim high to get attention.

--> get a white paper. Where do the dev. want to head. What are the ideas?

I would suggest:

Step:
1.) Create a base the exchange could operate on. Possibly a unique Blockchain 2.0 ? I am not sure if a decentralized exchange could even operate on the current blockchain.
 2.) Create the exchange. Just a simple test version integrated into the Vericoin Wallet to find problems.
  3.) Make the exchange accessible over the browser. Create an Veri-exchange only Wallet
   4.) Add Altcoins

and then we got already a lot. The far future ideas would be:

-Veribank comes alive. Create a special token/coin (maybe Ripple style) and make it simple 1 coin/token = 1$ accessible for all Veribank users. Add this token/coin to the exchange.
And BOOM Vericoin became a big player and could even take over market cap of big Bitcoin exchanges like btc-e, bitstamp and even OKCoin simply because a p2p exchange with FIAT would be a kill blow to them.

-Create tradable contracts over the exchange.

But I am not sure if the dev of Vericoin even want to head this way.
I know this is a shit lot of hard work. But the possible value out of this is not even predicable.

I would love to see them heading this direction and would support this heavily.

What do you guys think about these ideas?

Trade:   Forex (€/$...) - Stocks(Apple, Google..) - Commodities(Gold, Oil...) and Indices(S&P 500, Dax...)
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socal
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August 06, 2014, 10:22:14 AM
 #12343

Awesome idea GaliX! you should bring it up to the Devs.
gazzly
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August 06, 2014, 11:01:02 AM
 #12344

why is the value of the coin so low currently? It was almost worth 4 times what it is now recently.  Will it make a come back?
altcoinUK
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August 06, 2014, 11:24:45 AM
 #12345

why is the value of the coin so low currently? It was almost worth 4 times what it is now recently.  Will it make a come back?

The price will not go back from the optimism of the cheerleaders, vocal supporters, regional leaders or whatever they call themselves in this thread and IRC. The price will go back when the devs start to deliver features that people/investors are interested in.
Reavon
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August 06, 2014, 11:27:24 AM
 #12346

GaliX this is some kind of input I wanna read from everyone nice!
altcoinUK
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August 06, 2014, 11:33:28 AM
 #12347

There is a big big demand to get an exchange in which assets are not steal able. Neither by the people running the exchange neither by hackers. The single point of failure hurt a lot of people. There is no exchange I am currently trusting. Mt. Gox, Poloniex, Mintpal and other have proven again and again there will also be a point of failure. In the end it doesn't matter if a Government, an admin or an Hacker creates this situation where assets are gone.

You are absolutely right in emphasizing the importance of a blockchain 2 app, you are also absolutely right that the devs should forget all meaningless features and focus on the blockcain 2 function and it would be great if you could get this message through to the DEVs. Personally I think a decentralized market place, like a next decentralized Ebay that uses vericoin would be significantly bigger than a decentralized exchange, plus as users would trade with vericoin in the decentralized market place the demand for vericoin and consequently the price would sky rocket. Having said that, obviously the decentralized exchange would be great as well. Basically, any applications would be great that can be labelled as a blockhain 2 application.

Step:
1.) Create a base the exchange could operate on. Possibly a unique Blockchain 2.0 ? I am not sure if a decentralized exchange could even operate on the current blockchain.
 2.) Create the exchange. Just a simple test version integrated into the Vericoin Wallet to find problems.
  3.) Make the exchange accessible over the browser. Create an Veri-exchange only Wallet
   4.) Add Altcoins

That's the main issue, how to achieve step 1.
For example Bitcoin use the OP_RETURN output in the transaction so you could say the bitcoin blockchain supports smart contracts in that sense. It seems to me the VeriCoin raw transaction could have OP_RETURN output as well so it is possible to build blockchain 2 apps on the top of that. At least my understanding was that the bitcoin devs suggest to use the OP_RETURN output and build blockchain 2 features top on that, but I could be wrong. Other projects like Viacoin take a different route and uses existing infrastructure like Counterparty which make sense too. I am sure that will work for them. If I would be the dev I would take the Ethereum route so it would be a contract entity and that could create messages instead of the transaction or collection of the transaction is the contract. In this case I guess you would need a ledger for the contracts, but wouldn't have to mess with the blockchain.

Either way lots of development, but I am sure the talented VeriCoin devs can manage that. If they need help the community could put together a 60-80K fund to hire peoples.

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August 06, 2014, 11:37:34 AM
 #12348

Could you guys imagine how big a true (and on top audited) decentralized exchange would be? People would swarm in like crazy. There is a long talk about a decentralized exchange in the BTCitcoin community since the Mt. Gox drama. People like Andreas Antonopoulos are very interested in this for a long time now. We could also get a lot of media attention over Andreas and Let's Talk Bitcoin. If Adam B. Levine is talking about a coin it's like like an accolade for the coin on the long term.

There is a big big demand to get an exchange in which assets are not steal able. Neither by the people running the exchange neither by hackers. The single point of failure hurt a lot of people. There is no exchange I am currently trusting. Mt. Gox, Poloniex, Mintpal and other have proven again and again there will also be a point of failure. In the end it doesn't matter if a Government, an admin or an Hacker creates this situation where assets are gone.


Vericoin is currently one of the few coins competent, active and on top smart enough to achieve this milestone in the Bitcoin history. The demand is just huge.
But it would take 3 People too long to get a working exchange in time. We need to get bigger. Volunteers (which can be tipped), investors for a foundation to hire people and make the hole process accelerate. How many people are involved in the development of Etherum? 60? That's totally different universe.

The foundation should get in the end most of the fees charged by the exchange to make it lucrative to them investing.

I would love the see Vericoin to succeed. But if we can achieve this. This would be outstanding. This is a real opportunity to get big.

In my opinion the exchange should aim high to get attention.

--> get a white paper. Where do the dev. want to head. What are the ideas?

I would suggest:

Step:
1.) Create a base the exchange could operate on. Possibly a unique Blockchain 2.0 ? I am not sure if a decentralized exchange could even operate on the current blockchain.
 2.) Create the exchange. Just a simple test version integrated into the Vericoin Wallet to find problems.
  3.) Make the exchange accessible over the browser. Create an Veri-exchange only Wallet
   4.) Add Altcoins

and then we got already a lot. The far future ideas would be:

-Veribank comes alive. Create a special token/coin (maybe Ripple style) and make it simple 1 coin/token = 1$ accessible for all Veribank users. Add this token/coin to the exchange.
And BOOM Vericoin became a big player and could even take over market cap of big Bitcoin exchanges like btc-e, bitstamp and even OKCoin simply because a p2p exchange with FIAT would be a kill blow to them.

-Create tradable contracts over the exchange.

But I am not sure if the dev of Vericoin even want to head this way.
I know this is a shit lot of hard work. But the possible value out of this is not even predicable.

I would love to see them heading this direction and would support this heavily.

What do you guys think about these ideas?

Totally agree.
 
KryptoKings
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August 06, 2014, 11:49:52 AM
 #12349

why is the value of the coin so low currently? It was almost worth 4 times what it is now recently.  Will it make a come back?

The price will not go back from the optimism of the cheerleaders, vocal supporters, regional leaders or whatever they call themselves in this thread and IRC. The price will go back when the devs start to deliver features that people/investors are interested in.
I agree with this 100%. The devs have a great product so far that has been somewhat of a game changer but blockchain 2.0, built in wallet exchange and other features will put this coin in top 5 for a good while.

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gazzly
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August 06, 2014, 11:58:12 AM
 #12350

why is the value of the coin so low currently? It was almost worth 4 times what it is now recently.  Will it make a come back?

The price will not go back from the optimism of the cheerleaders, vocal supporters, regional leaders or whatever they call themselves in this thread and IRC. The price will go back when the devs start to deliver features that people/investors are interested in.

based on your experience (whether with coins in general, or this dev) - would you think there will be a recovery or are you calling this one done?
ezimedia
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August 06, 2014, 12:01:55 PM
 #12351


Thanks for sharing going to add this in to my twitter...

Vericoins Here = VXCBhfbtwJDxnnQQRpUcpKKMwcsVGsT1AJ
LetsTalkBitcoin: http://ecoinincome.com.au/LetsTalkBitCoin.php
altcoinUK
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August 06, 2014, 12:31:12 PM
 #12352

why is the value of the coin so low currently? It was almost worth 4 times what it is now recently.  Will it make a come back?

The price will not go back from the optimism of the cheerleaders, vocal supporters, regional leaders or whatever they call themselves in this thread and IRC. The price will go back when the devs start to deliver features that people/investors are interested in.

based on your experience (whether with coins in general, or this dev) - would you think there will be a recovery or are you calling this one done?

I think there will be a recovery sometimes. Firstly when the depressed bag holders unload their coins some pump could happen, but most importantly the devs are honest and intelligent professionals, they are serious about this project and surely they don't want to fail with this project that is in the public domain, so I am sure they will deliver sooner or later and then the price will be a lot better. If the devs deliver big then the price could be very big :-)) I think there are just a very-very few good altcoin projects and vercioin is still one of them (because of the devs).
Reavon
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August 06, 2014, 01:00:28 PM
 #12353

Can you people feel how hater turn slowly back to supporter as the price goes down more and more?  July was not a good month for vericoin and I  blame it mostly all on Mintpal.
But now we will see a huge development in all crypto,  we will soon separate between bitcoin altcoin and 2.0 coins (blockchain2.0) and I think vericoin will be a 2.0 coin fore sure.
ezimedia
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August 06, 2014, 01:03:00 PM
 #12354

Sold all my vrc... but will buy back double or triple... so an bought all in to RDD and will hold that for the next 2 months as they have a nice plan for the coin over the next 2 months... at 20 - 22 sats it will be 60-100 sats in 60 days and then I will come back and buy my vrc... as I do not see vrc going up in the next 4-6 weeks unless there is going to be a big change....

But over all vrc is a great long term investment more like 2-5 years... so if you can double your investment in other alts and then come back and by more vrc ... all the luck to you..

Vericoins Here = VXCBhfbtwJDxnnQQRpUcpKKMwcsVGsT1AJ
LetsTalkBitcoin: http://ecoinincome.com.au/LetsTalkBitCoin.php
melfrecords
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August 06, 2014, 01:12:19 PM
 #12355

My wallet is stuck synchronizing at (currently) 2206 blocks remaining. I am facing this sync issue since a few days.

My config file contains the 5 supernodes and I just added 'addnode=107.170.140.210', but this makes no difference.

Any recommendations to solve this sync issue ?

Thanks in advance.
Morb
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August 06, 2014, 01:16:40 PM
 #12356

My wallet is stuck synchronizing at (currently) 2206 blocks remaining. I am facing this sync issue since a few days.

My config file contains the 5 supernodes and I just added 'addnode=107.170.140.210', but this makes no difference.

Any recommendations to solve this sync issue ?

Thanks in advance.


you're probably better off asking in the irc channel.  eventually someone will help you in there.
SkyValeey
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August 06, 2014, 01:18:18 PM
 #12357

Sold all my vrc... but will buy back double or triple... so an bought all in to RDD and will hold that for the next 2 months as they have a nice plan for the coin over the next 2 months... at 20 - 22 sats it will be 60-100 sats in 60 days and then I will come back and buy my vrc... as I do not see vrc going up in the next 4-6 weeks unless there is going to be a big change....

But over all vrc is a great long term investment more like 2-5 years... so if you can double your investment in other alts and then come back and by more vrc ... all the luck to you..

Selling at so LOW, maybe botom? shame, noob!
Good luck !
InvestorPerson
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August 06, 2014, 01:26:16 PM
 #12358

great long term investment more like 2-5 years...

ah there it is, the longterm argument



do you really believe ANY of the actual coins will be relevant in 1+ years?

whoever sells below 29k now must be a complete retard....
Kevondo
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August 06, 2014, 01:55:48 PM
 #12359

VRCRadio.com will be LIVE in 5 minutes

stop by to listen or join in.

If you have Skype the id is Vrcradio

.

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Taner
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August 06, 2014, 02:23:50 PM
 #12360

Coins Staking: 20477580.86105426     Shocked

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