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Monkeys
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August 08, 2014, 07:22:35 AM |
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So, I just thought I'd come in here to share my experience with Vericoin.
In short, I was new to crypto, bought in to VRC during the big pump at around 30k, as it looked like it had real promise as becoming a real currency.
During that time the devs were posting here nearly every day with updates, deadlines, road maps, the works.
Then the rollback happened.. I still believe that the devs made the best decision at the time and handled it well with the rollback etc. They did the best they could.
Since then though, they've been almost entirely absent. Very few posts, and the posts they have made have been vague at best. It really seems to me like they have given up on the coin and are just not wanting to go public with the fact as yet. Socal here has basically been the only person giving any updates at all on new developments, and even still they have been vague. So many things "nearly finished" for so long?? Where's the website? It's not hard to make a website like that. It should take maximum one day to completely rewrite the Vericoin website. iOS wallet? Yeah a but harder so I can understand it taking longer, but still it was "nearly done" weeks ago..
I honestly now believe that the devs have been stringing this out as long as they can while they unload their coins. Stringing along Socal in the process (or perhaps he is in on it and doing the same?).
If I was a betting man, and I am, I would bet that we will never see any more updates to VRC. The devs are done with it, they're gone. The only new stuff is coming from desperate bagholders trying to hold things together, and doing at least an ok job I'll admit.
One last question I have here which has puzzled me the whole time is this:
Why did pnosker transfer 200k VRC from his wallet to exchanges right after the rollback? Apparently this was to somehow protect the coin? But you would meet BTC on the exchanges to do that right? So why then? Where are the coins now? Have the devs released their wallet addresses recently to show they are still holding? Again, I'd bet that they have not.
Call it you favorite word "FUD", call it what you like. This has been my experience with Vericoin.
I wish you all the best of luck in your futures!
|
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setup
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August 08, 2014, 08:18:18 AM |
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So, I just thought I'd come in here to share my experience with Vericoin.
In short, I was new to crypto, bought in to VRC during the big pump at around 30k, as it looked like it had real promise as becoming a real currency.
During that time the devs were posting here nearly every day with updates, deadlines, road maps, the works.
Then the rollback happened.. I still believe that the devs made the best decision at the time and handled it well with the rollback etc. They did the best they could.
Since then though, they've been almost entirely absent. Very few posts, and the posts they have made have been vague at best. It really seems to me like they have given up on the coin and are just not wanting to go public with the fact as yet. Socal here has basically been the only person giving any updates at all on new developments, and even still they have been vague. So many things "nearly finished" for so long?? Where's the website? It's not hard to make a website like that. It should take maximum one day to completely rewrite the Vericoin website. iOS wallet? Yeah a but harder so I can understand it taking longer, but still it was "nearly done" weeks ago..
I honestly now believe that the devs have been stringing this out as long as they can while they unload their coins. Stringing along Socal in the process (or perhaps he is in on it and doing the same?).
If I was a betting man, and I am, I would bet that we will never see any more updates to VRC. The devs are done with it, they're gone. The only new stuff is coming from desperate bagholders trying to hold things together, and doing at least an ok job I'll admit.
One last question I have here which has puzzled me the whole time is this:
Why did pnosker transfer 200k VRC from his wallet to exchanges right after the rollback? Apparently this was to somehow protect the coin? But you would meet BTC on the exchanges to do that right? So why then? Where are the coins now? Have the devs released their wallet addresses recently to show they are still holding? Again, I'd bet that they have not.
Call it you favorite word "FUD", call it what you like. This has been my experience with Vericoin.
I wish you all the best of luck in your futures!
Hard stuff, Monkeys, but it's true that the devs are very quiet at the moment. No Posts, no hangouts, nothing. I investet in VRC only because i trusted these guys. I hope it was the right decision and they will post a Statement in here that they are still active and confident to make VRC successfull |
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socal
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August 08, 2014, 08:30:36 AM
Last edit: August 08, 2014, 09:06:12 AM by socal |
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First off, the new website is up what are you talking about? Secondly, the devs have been posting updates just not as often because they have been WORKING and have had things happen in their REAL LIVES, Pat just had a loss in his family and has been out of state and Doug is busy hammering out the new wallet UI. They also JUST did a hangout with Chris Prillo last week, not to mention what would they POSSIBLY gain from dumping and running when everyone knows their names, their faces and where they live? Monkeys dude seriously I have talked to you before you want out I can't and won't stop you, but honestly what is more important, the Devs CONSTANTLY posting in here all day everyday EVERYTIME somebody gets shakey or them doing their jobs as Devs and DEVELOPING? They should just say screw development and the necessary marketing/business relations building to handhold every weakhand? Not to mention look at the current market MASSIVE buy support on bittrex AND most coins are staking which means demand outstrips supply at this point. We have fuel and we have flame, not long before we get fire. EDIT: Oh ya and not to mention the things that are being worked on that HAVENT been annouced because of legalities/proto-status so go ahead get out now, but make sure you are prepared to make a public apology later on when we get back to/past 30k DOUBLE EDIT: And they learned from what happened directly after the MP Hack that all of their timetables got pushed back and they could no longer guarantee the Deadlines because of time lost fixing the hack and because of Real Life demanding more of their time. So therefore they are no longer putting out as many or as detailed updates BECAUSE of peoples tendency to act irrationally everytime they were a few hrs late with a release or a reply. Oh ya and some of these features are being done by third parties not the Devs the VeriBank and iOS Wallet are being made by COMPLETELY DIFFERENT DEVS NOT PAT DOUG OR DAVE so please tell me how they are supposed to give you hard timetables and updates on things they aren't even working on. Thats like somebody asking ME for an update or deadline on YOUR work. In closing:  PRO TIP: Devs are on IRC more often than here and I STILL have yet to see you join IRC (unless you use another nick on IRC, but if you did then you would know Doug was in there earlier tonight talking to people) so how about you do a lil research before making allegations. |
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ereborltc
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August 08, 2014, 09:08:52 AM |
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oooh i can't wait to see you all panic buy soon...muahhahha are all the kids sad it went back to 10-12k boo hoo lol thats good considering it came up from 400sat to 55k sat. any normal educated person would understand that no coin ever can go from 400sat to 100ksat .. now think like a big boy and ready up for the next wave cause its gonna be one hell of a show lol... coin is top! devs are top! watch and learn kids!
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benthach
Legendary
 Offline
Activity: 1764
Merit: 1000
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August 08, 2014, 10:04:05 AM |
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When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria. One criteria item will be highly visible, public devs and not ones hiding behind screen names.
oh nice, so even more money into ethereum  what the fuck is ethereum? sound like gay porn and people really put money into this kind of crap? UNBELIEVABLE |
reddit btcwriter1 - twitter kingpininvestor
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GaliX
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August 08, 2014, 10:25:37 AM |
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When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria. One criteria item will be highly visible, public devs and not ones hiding behind screen names.
oh nice, so even more money into ethereum what the fuck is ethereum? sound like gay porn and people really put money into this kind of crap? UNBELIEVABLE Ethereum is probably the biggest thing since Bitcoin if they don't fuck up hard. That's the reason why they collected over 12 Million $ in BTC in the presale already. |
Trade: Forex (€/$...) - Stocks(Apple, Google..) - Commodities(Gold, Oil...) and Indices(S&P 500, Dax...) All with BTCitcoin only ----- https://1broker.com ----- up to 200x Leverage & since 2012 ---
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InvestorPerson
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August 08, 2014, 10:37:59 AM |
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When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria. One criteria item will be highly visible, public devs and not ones hiding behind screen names.
oh nice, so even more money into ethereum what the fuck is ethereum? sound like gay porn and people really put money into this kind of crap? UNBELIEVABLE Ethereum is probably the biggest thing since Bitcoin if they don't fuck up hard. That's the reason why they collected over 12 Million $ in BTC in the presale already. and i hope it's gonna flop, so i can have a good laugh |
whoever sells below 29k now must be a complete retard....
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ozboy2014
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August 08, 2014, 11:27:14 AM |
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oooh i can't wait to see you all panic buy soon...muahhahha are all the kids sad it went back to 10-12k boo hoo lol thats good considering it came up from 400sat to 55k sat. any normal educated person would understand that no coin ever can go from 400sat to 100ksat .. now think like a big boy and ready up for the next wave cause its gonna be one hell of a show lol... coin is top! devs are top! watch and learn kids
zzzzzzzzzz waiting. . haven't sold any yet.. |
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altcoinUK
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August 08, 2014, 11:32:52 AM
Last edit: August 08, 2014, 12:26:41 PM by altcoinUK |
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So, I just thought I'd come in here to share my experience with Vericoin.
In short, I was new to crypto, bought in to VRC during the big pump at around 30k, as it looked like it had real promise as becoming a real currency.
During that time the devs were posting here nearly every day with updates, deadlines, road maps, the works.
Then the rollback happened.. I still believe that the devs made the best decision at the time and handled it well with the rollback etc. They did the best they could.
Since then though, they've been almost entirely absent. Very few posts, and the posts they have made have been vague at best. It really seems to me like they have given up on the coin and are just not wanting to go public with the fact as yet. Socal here has basically been the only person giving any updates at all on new developments, and even still they have been vague. So many things "nearly finished" for so long?? Where's the website? It's not hard to make a website like that. It should take maximum one day to completely rewrite the Vericoin website. iOS wallet? Yeah a but harder so I can understand it taking longer, but still it was "nearly done" weeks ago..
I honestly now believe that the devs have been stringing this out as long as they can while they unload their coins. Stringing along Socal in the process (or perhaps he is in on it and doing the same?).
If I was a betting man, and I am, I would bet that we will never see any more updates to VRC. The devs are done with it, they're gone. The only new stuff is coming from desperate bagholders trying to hold things together, and doing at least an ok job I'll admit.
One last question I have here which has puzzled me the whole time is this:
Why did pnosker transfer 200k VRC from his wallet to exchanges right after the rollback? Apparently this was to somehow protect the coin? But you would meet BTC on the exchanges to do that right? So why then? Where are the coins now? Have the devs released their wallet addresses recently to show they are still holding? Again, I'd bet that they have not.
Call it you favorite word "FUD", call it what you like. This has been my experience with Vericoin.
I wish you all the best of luck in your futures!
One of the best posts I have read here, you just summarized what many people think about this process. And many people are in the same situation like you are, we bought in vericoin believing in the presentation of the Wizrig & Co & Dev hype-making combo. It is fully understandable you are wondering what's happening around the coin when the devs don't have 5 minutes to share their view here on development related suggestions. I don't understand too what's happening and why the devs can't reflect on intelligent suggestions like what Galix's submitted here (especially, that in the meantime they have time to chat on IRC). Personally I don't think the devs started this process to pull off a scam & dump trick even if they were making the hype with wizrig. The devs seems are honest guys, they don't scam people, plus they are intelligent professionals and they know such scam and cause loss for many people would remain on their CV forever. I guess things just did not work out so far, but it is never late for a change. The question is will the process change, the devs start to focus on features that matters (blockchain 2) and listen to what the community say instead of communicating only with the 1-2 prominent members of their cheerleading brigade? I am not sure. |
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altcoinUK
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August 08, 2014, 11:43:51 AM
Last edit: August 08, 2014, 11:56:11 AM by altcoinUK |
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but make sure you are prepared to make a public apology later on when we get back to/past 30k
I understand you are on a mission to make this process work, even it seems you have reloaded your firmware and lately you entered into a hardcore cheerleading crusade mode, but the first person who should make a public apology here is you. You have been calling people here and on IRC retard, idiot, bipolar and all kind of offensive names and telling fuck off anyone who dared to question the intention and integrity of your saviour Wizrig. You were the most vocal supporter and foot soldier of the scammer wizrig, so a sorry for the investors who believed in your hype would be quite necessary in my opinion. After perform a hard reboot on your crusade robot firmware and when you come back please make sure you don't command people what to write here, what to think and how to see this process. When you are not here with your usual "price going to sky rocket soon" nonsense actually there are lots of very interesting, reasonable and sensible suggestions appear here. |
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Monkeys
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August 08, 2014, 12:01:32 PM |
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First off, the new website is up what are you talking about? Secondly, the devs have been posting updates just not as often because they have been WORKING and have had things happen in their REAL LIVES, Pat just had a loss in his family and has been out of state and Doug is busy hammering out the new wallet UI. They also JUST did a hangout with Chris Prillo last week, not to mention what would they POSSIBLY gain from dumping and running when everyone knows their names, their faces and where they live? Monkeys dude seriously I have talked to you before you want out I can't and won't stop you, but honestly what is more important, the Devs CONSTANTLY posting in here all day everyday EVERYTIME somebody gets shakey or them doing their jobs as Devs and DEVELOPING? They should just say screw development and the necessary marketing/business relations building to handhold every weakhand? Not to mention look at the current market MASSIVE buy support on bittrex AND most coins are staking which means demand outstrips supply at this point. We have fuel and we have flame, not long before we get fire. EDIT: Oh ya and not to mention the things that are being worked on that HAVENT been annouced because of legalities/proto-status so go ahead get out now, but make sure you are prepared to make a public apology later on when we get back to/past 30k DOUBLE EDIT: And they learned from what happened directly after the MP Hack that all of their timetables got pushed back and they could no longer guarantee the Deadlines because of time lost fixing the hack and because of Real Life demanding more of their time. So therefore they are no longer putting out as many or as detailed updates BECAUSE of peoples tendency to act irrationally everytime they were a few hrs late with a release or a reply. Oh ya and some of these features are being done by third parties not the Devs the VeriBank and iOS Wallet are being made by COMPLETELY DIFFERENT DEVS NOT PAT DOUG OR DAVE so please tell me how they are supposed to give you hard timetables and updates on things they aren't even working on. Thats like somebody asking ME for an update or deadline on YOUR work. In closing: PRO TIP: Devs are on IRC more often than here and I STILL have yet to see you join IRC (unless you use another nick on IRC, but if you did then you would know Doug was in there earlier tonight talking to people) so how about you do a lil research before making allegations. Look Socal, I didn't meant anything against you personally. I've even praised your efforts here several times as I honestly believe you are doing some good work here. But c'mon, I said that I was just sharing my experience with Vericoin. I think calling me a retard is a bit of a harsh response. So you know what, you're the retard.. I've heard you speak, I've discussed relatively complex ideas with you. You're not so smart. I'm not sorry to say. You still haven't answered my final question either. Where are your beloved Patricks 200k VRC that he transferred to the exchanges? |
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/318Sign up via my referral link above and you receive an extra 1.5% reward for your hash! PM me for details |
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InvestorPerson
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August 08, 2014, 12:27:53 PM |
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whoever sells below 29k now must be a complete retard....
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Taner
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August 08, 2014, 12:28:10 PM |
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Look Socal, I didn't meant anything against you personally. I've even praised your efforts here several times as I honestly believe you are doing some good work here.
But c'mon, I said that I was just sharing my experience with Vericoin. I think calling me a retard is a bit of a harsh response. So you know what, you're the retard.. I've heard you speak, I've discussed relatively complex ideas with you. You're not so smart. I'm not sorry to say.
You still haven't answered my final question either. Where are your beloved Patricks 200k VRC that he transferred to the exchanges?
Network No Premine, No IPO Minimum Transaction Fee: 0.0001 VRC (Paid to Stakers) Confirmations: 10, Maturity: 500 RPC Port: 58683, P2Port: 58684 |
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johnwest
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August 08, 2014, 12:29:18 PM |
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When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria. One criteria item will be highly visible, public devs and not ones hiding behind screen names.
oh nice, so even more money into ethereum what the fuck is ethereum? sound like gay porn and people really put money into this kind of crap? UNBELIEVABLE Ethereum is probably the biggest thing since Bitcoin if they don't fuck up hard. That's the reason why they collected over 12 Million $ in BTC in the presale already. We saw so many flop show before too, when they earn very good money on presale, but after that nothing happen and innocent people lost money so much. |
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GaliX
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August 08, 2014, 12:38:45 PM |
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When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria. One criteria item will be highly visible, public devs and not ones hiding behind screen names.
oh nice, so even more money into ethereum what the fuck is ethereum? sound like gay porn and people really put money into this kind of crap? UNBELIEVABLE Ethereum is probably the biggest thing since Bitcoin if they don't fuck up hard. That's the reason why they collected over 12 Million $ in BTC in the presale already. We saw so many flop show before too, when they earn very good money on presale, but after that nothing happen and innocent people lost money so much. Ethereum is different. They have how many people in their dev Team 60? This is not just an altcoin, they are really approaching something big no altcoin even thought about untill now. Smart contracts with blockchain 2.0 It is mind blowing what this technology is going to make possible. Read into this, it is really worth it. There are more then just 1 Lets Talk Bitcoin pod-cast about Ethereum. If Ethereum fails I don't know what to believe anymore. |
Trade: Forex (€/$...) - Stocks(Apple, Google..) - Commodities(Gold, Oil...) and Indices(S&P 500, Dax...) All with BTCitcoin only ----- https://1broker.com ----- up to 200x Leverage & since 2012 ---
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libertynow
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August 08, 2014, 12:43:20 PM |
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When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria. One criteria item will be highly visible, public devs and not ones hiding behind screen names.
oh nice, so even more money into ethereum what the fuck is ethereum? sound like gay porn and people really put money into this kind of crap? UNBELIEVABLE Ethereum is probably the biggest thing since Bitcoin if they don't fuck up hard. That's the reason why they collected over 12 Million $ in BTC in the presale already. We saw so many flop show before too, when they earn very good money on presale, but after that nothing happen and innocent people lost money so much. Ethereum is different. They have how many people in their dev Team 60? This is not just an altcoin, they are really approaching something big no altcoin even thought about untill now. Smart contracts with blockchain 2.0 It is mind blowing what this technology is going to make possible. Whats going to be mind blowing is how much less the ether is going to sell for when it's released for public trading. |
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GaliX
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August 08, 2014, 12:47:18 PM |
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When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria. One criteria item will be highly visible, public devs and not ones hiding behind screen names.
oh nice, so even more money into ethereum what the fuck is ethereum? sound like gay porn and people really put money into this kind of crap? UNBELIEVABLE Ethereum is probably the biggest thing since Bitcoin if they don't fuck up hard. That's the reason why they collected over 12 Million $ in BTC in the presale already. We saw so many flop show before too, when they earn very good money on presale, but after that nothing happen and innocent people lost money so much. Ethereum is different. They have how many people in their dev Team 60? This is not just an altcoin, they are really approaching something big no altcoin even thought about untill now. Smart contracts with blockchain 2.0 It is mind blowing what this technology is going to make possible. Whats going to be mind blowing is how much less the ether is going to sell for when it's released for public trading. This is really not just a short term 3 months yolo altcoin like 98% of the altcoin in our universe. Many people see the presale as an longterm investment while making the hole project possible. |
Trade: Forex (€/$...) - Stocks(Apple, Google..) - Commodities(Gold, Oil...) and Indices(S&P 500, Dax...) All with BTCitcoin only ----- https://1broker.com ----- up to 200x Leverage & since 2012 ---
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Kevondo
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August 08, 2014, 12:57:35 PM |
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VRCRadio.com is ONLINE!
10 AM EST Live broadcast will co on as scheduled
AND
Socal WILL BE LIVE @ 7 PM EST Tonight
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effectsToCause (OP)
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August 08, 2014, 01:28:19 PM |
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Hey Guys, Check out our new dedicated timetable webpage for accurate updates on our progress. Thanks to Scott Allyn and Socal for devising a great platform for updates. http://vericoinnews.info/vericoin-roadmap/Also if you haven't seen it yet check out the rest of the news site by Scott Allyn, it's really good. http://vericoinnews.infoIf you missed it the new site is up www.vericoin.infoRegarding blockchain 2.0, we are taking our first practical step with 2.0 technologies by building in decentralized username support. Along with that will be a decentralized registration process and fully decentralized privacy/anon tech to preserve security and privacy of usernames. Writing whitepaper for this now. |
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johnwest
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August 08, 2014, 01:34:42 PM |
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When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria. One criteria item will be highly visible, public devs and not ones hiding behind screen names.
oh nice, so even more money into ethereum what the fuck is ethereum? sound like gay porn and people really put money into this kind of crap? UNBELIEVABLE Ethereum is probably the biggest thing since Bitcoin if they don't fuck up hard. That's the reason why they collected over 12 Million $ in BTC in the presale already. We saw so many flop show before too, when they earn very good money on presale, but after that nothing happen and innocent people lost money so much. Ethereum is different. They have how many people in their dev Team 60? This is not just an altcoin, they are really approaching something big no altcoin even thought about untill now. Smart contracts with blockchain 2.0 It is mind blowing what this technology is going to make possible. Read into this, it is really worth it. There are more then just 1 Lets Talk Bitcoin pod-cast about Ethereum. If Ethereum fails I don't know what to believe anymore. Everytime when new big coin come, there is so much hype in begining but after some days or months coin start to die again. |
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Poll
