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

[MAD945]

dead?

Far from it...

[yoshiwatusi]

i have a question.. this decentralized exchange…can i buy vrc with fiat?

[onsightit]

Thank guys, just doin my part for the community.

Just glad you don't mind me snoopin on your wallet addresses..  

I thought I felt a breeze.

[onsightit]

Thank guys, just doin my part for the community.

Just glad you don't mind me snoopin on your wallet addresses..  

I thought I felt a breeze.

Hey Job, in your comments section, can you explain the number of coins staking during the time period?  Seems low, or I do not understand staking fully...  Thanks for the hard work - information = empowerment.

[jobnotfound]

Yeah, I'm adding a more visible date range on the next report.

Currently I'm comparing market movement, highlighting movement every 24 hour period.

I may do them daily or weekly from here on out, depending on how much movement we actually see.

[Alns]

dead?

Far from it...

Not so far...look at the price.

[gustav]

how is the butthurt? This is going where all the other flashmined coins go: zero

(just dumped my cinni today)

[onsightit]

how is the butthurt? This is going where all the other flashmined coins go: zero

(just dumped my cinni today)

I'd ask you to invest your cinni-buns in VRC, but we really need "smart" money ATM... Top 100 wallets (and likely more) are proof of smart money invested in VeriCoin.

Stake Weight is 22.2M ATM

[onsightit]

Yeah, I'm adding a more visible date range on the next report.

Currently I'm comparing market movement, highlighting movement every 24 hour period.

I may do them daily or weekly from here on out, depending on how much movement we actually see.

This is the comment I was referring to: "the total coins staked for this period are 408 VRC." Should that read: "the total coins created by staking for this period are 408 VRC."?

[Xosihc]

The most and least successful people in the world share the same trait: thinking they're never wrong. VRC to daaaaaaa mooooooooooon! Hahaha

[jobnotfound]

Yeah, I'm adding a more visible date range on the next report.

Currently I'm comparing market movement, highlighting movement every 24 hour period.

I may do them daily or weekly from here on out, depending on how much movement we actually see.

This is the comment I was referring to: "the total coins staked for this period are 408 VRC." Should that read: "the total coins created by staking for this period are 408 VRC."?

Got it, thanks for clarifying. Will make sure and update that on the next report.

[gustav]

how is the butthurt? This is going where all the other flashmined coins go: zero

(just dumped my cinni today)

I'd ask you to invest your cinni-buns in VRC, but we really need "smart" money ATM... Top 100 wallets (and likely more) are proof of smart money invested in VeriCoin.

Stake Weight is 22.2M ATM

I'd be interested in some naked shortselling. Someone wants to lend me some vrc? I'll give you back +3% vrc in a few weeks.

[Jeff Jefferson]

guys i'm on 1.3.4

only getting orphans. now i am not getting even those for 5 straight days. and it tells me i'll mine in 2 days. what can be the problem. i'm on the correct chain. at least i think so. i see the same blocks in the official explorer. so it's correct, right?

[barabbas]

how is the butthurt? This is going where all the other flashmined coins go: zero

(just dumped my cinni today)

I'd ask you to invest your cinni-buns in VRC, but we really need "smart" money ATM... Top 100 wallets (and likely more) are proof of smart money invested in VeriCoin.

Stake Weight is 22.2M ATM

This is a very worysome statistic, considering only 40 hours ago we were above 28 million. And it can only mean that millions of coins have been moved to the exchanges and dumped, hence the trajectory in the price.

Of course these numbers, both, are not very meaningful for we don't really know, from them, ANYTHING at all. When/if the REAL number of coins staking are included in the upcoming wallent, THEN AND ONLY THEN we will have a REAL statistic, instead of a bull... inexact one.

[barabbas]

For those of us hurting while holding bags, the devs are also hurting significantly. Their stakes were worth as much as $80,000, each, at one time while now they will be worth much less than $15,000 each if they were to cash out.

Not that any of them need the VRC money, mind you. This is just a hobby for the three of them, nothing more.

[criptix]

how is the butthurt? This is going where all the other flashmined coins go: zero

(just dumped my cinni today)

I'd ask you to invest your cinni-buns in VRC, but we really need "smart" money ATM... Top 100 wallets (and likely more) are proof of smart money invested in VeriCoin.

Stake Weight is 22.2M ATM

This is a very worysome statistic, considering only 40 hours ago we were above 28 million. And it can only mean that millions of coins have been moved to the exchanges and dumped, hence the trajectory in the price.

Of course these numbers, both, are not very meaningful for we don't really know, from them, ANYTHING at all. When/if the REAL number of coins staking are included in the upcoming wallent, THEN AND ONLY THEN we will have a REAL statistic, instead of a bull... inexact one.

or it could just mean that the coins got a block/interest and loss their weight...

[barabbas]

I believe we will not go below the recent minimum of yesterday and that this is a nice trading opportunity. I already traded a few yesterday and bought more at significantly lower price a few minutes ago. I have also freed some BTC selling NAUT to keep the powder dry and buy more in the low 8s.

It will probably remain in a narrower and narrower trading channel until the "secret weapons" are announced over the weekend, no reason not to book a few small gains, something so exceptional at this point...

[barabbas]

how is the butthurt? This is going where all the other flashmined coins go: zero

(just dumped my cinni today)

I'd ask you to invest your cinni-buns in VRC, but we really need "smart" money ATM... Top 100 wallets (and likely more) are proof of smart money invested in VeriCoin.

Stake Weight is 22.2M ATM

This is a very worysome statistic, considering only 40 hours ago we were above 28 million. And it can only mean that millions of coins have been moved to the exchanges and dumped, hence the trajectory in the price.

Of course these numbers, both, are not very meaningful for we don't really know, from them, ANYTHING at all. When/if the REAL number of coins staking are included in the upcoming wallent, THEN AND ONLY THEN we will have a REAL statistic, instead of a bull... inexact one.

or it could just mean that the coins got a block/interest and loss their weight...

Apparently it could mean a lot of things from the weather forecast in China to the price of lettuce in Andorra... what it doesn't mean is anything remotely connected to the REAL number of coins staking, which is the only showing of community ownership's strength, and therefore the only statistic that really matters.

[criptix]

how is the butthurt? This is going where all the other flashmined coins go: zero

(just dumped my cinni today)

I'd ask you to invest your cinni-buns in VRC, but we really need "smart" money ATM... Top 100 wallets (and likely more) are proof of smart money invested in VeriCoin.

Stake Weight is 22.2M ATM

This is a very worysome statistic, considering only 40 hours ago we were above 28 million. And it can only mean that millions of coins have been moved to the exchanges and dumped, hence the trajectory in the price.

Of course these numbers, both, are not very meaningful for we don't really know, from them, ANYTHING at all. When/if the REAL number of coins staking are included in the upcoming wallent, THEN AND ONLY THEN we will have a REAL statistic, instead of a bull... inexact one.

or it could just mean that the coins got a block/interest and loss their weight...

Apparently it could mean a lot of things from the weather forecast in China to the price of lettuce in Andorra... what it doesn't mean is anything remotely connected to the REAL number of coins staking, which is the only showing of community ownership's strength, and therefore the only statistic that really matters.

no it cant, coinweight is directly related to the amount of coins staking and has nothing to do with "weather forecast in China to the price of lettuce in Andorra"

[drkman]

how is the butthurt? This is going where all the other flashmined coins go: zero

(just dumped my cinni today)

I'd ask you to invest your cinni-buns in VRC, but we really need "smart" money ATM... Top 100 wallets (and likely more) are proof of smart money invested in VeriCoin.

Stake Weight is 22.2M ATM

This is a very worysome statistic, considering only 40 hours ago we were above 28 million. And it can only mean that millions of coins have been moved to the exchanges and dumped, hence the trajectory in the price.

Of course these numbers, both, are not very meaningful for we don't really know, from them, ANYTHING at all. When/if the REAL number of coins staking are included in the upcoming wallent, THEN AND ONLY THEN we will have a REAL statistic, instead of a bull... inexact one.

or it could just mean that the coins got a block/interest and loss their weight...

Apparently it could mean a lot of things from the weather forecast in China to the price of lettuce in Andorra... what it doesn't mean is anything remotely connected to the REAL number of coins staking, which is the only showing of community ownership's strength, and therefore the only statistic that really matters.

This is user error on your part for not understanding how "Network Staking" is calculated in a POS coin.  Yes, maybe the POS gods should have given it a better name like "effective staking" to prevent confusion but you can just think of it this way.

Totals Coins Staking X Current Coin Age Multiplier (ex. 1.25) = Network Stake