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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1342117 times)
TomHolden
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August 13, 2014, 07:40:51 PM
 #13001


It's great that this is being circulated, but I would have been rather happier if you'd checked with me first before republishing this. Given the choice, I would have preferred that you just linked to the original article, as I do not want this to end up coming above my personal homepage on google. (The least you could do is to link to my personal homepage, and to the original article there.) I'm also a bit irked that it's being published with someone else's bitcoin address at the bottom. Perhaps it's naive to expect any control over content once it's online though.

It looks to me like amesterdamer simply reposted the article so you should probably take that up with the people over at cryptomen.com

http://cryptomen.com/about-cryptomen/

Ahh, sorry amesterdamer, I'd assumed you were associated with them. Sorry again.
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Reavon
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August 13, 2014, 07:44:05 PM
 #13002

I published a PDF on my thoughts i had several weeks ago

check out my veritalk.info post .

http://veritalk.info/index.php/topic,101.0.html


have a nice day Smiley
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August 13, 2014, 07:50:54 PM
 #13003

"And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets.

I’ve known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine – that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.

The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."

-  Edwin Lefèvre (via Jesse Livermore), Reminiscences of a Stock Operator, p. 57

http://www.amazon.com/gp/product/0471770884

I have been trying to learn that lesson for the last few months.  Hopefully I get it right sooner or later.

It took Jesse Livermore several years to learn it.  That was back after the turn of the last century, years before he started making enormous sums of money.  He allegedly made over $100M during the stock market crash of 1929 and was at one point one of the wealthiest men in the world.

VRC Tip Jar: VERiTAS2MPYM94kTwtni3GvnwdmWXqJsQf
sdmathis
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August 13, 2014, 07:54:30 PM
 #13004


It's great that this is being circulated, but I would have been rather happier if you'd checked with me first before republishing this. Given the choice, I would have preferred that you just linked to the original article, as I do not want this to end up coming above my personal homepage on google. (The least you could do is to link to my personal homepage, and to the original article there.) I'm also a bit irked that it's being published with someone else's bitcoin address at the bottom. Perhaps it's naive to expect any control over content once it's online though.

You are perfectly within your rights. That's plagiarism, plain and simple. It would be best for everyone if the owner of the site removes your content immediately. Otherwise, you may have to file a DCMA complaint with the web host.

amesterdamer
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August 13, 2014, 07:57:03 PM
 #13005


It's great that this is being circulated, but I would have been rather happier if you'd checked with me first before republishing this. Given the choice, I would have preferred that you just linked to the original article, as I do not want this to end up coming above my personal homepage on google. (The least you could do is to link to my personal homepage, and to the original article there.) I'm also a bit irked that it's being published with someone else's bitcoin address at the bottom. Perhaps it's naive to expect any control over content once it's online though.

It's the link that's running on twitter, you have something to complain do it over www.cryptomen.com // https://www.facebook.com/groups/cryptomen/ because they published, I only retweeted as everyone else.
TomHolden
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August 13, 2014, 08:00:56 PM
 #13006


It's great that this is being circulated, but I would have been rather happier if you'd checked with me first before republishing this. Given the choice, I would have preferred that you just linked to the original article, as I do not want this to end up coming above my personal homepage on google. (The least you could do is to link to my personal homepage, and to the original article there.) I'm also a bit irked that it's being published with someone else's bitcoin address at the bottom. Perhaps it's naive to expect any control over content once it's online though.

It's the link that's running on twitter, you have something to complain do it over www.cryptomen.com // https://www.facebook.com/groups/cryptomen/ because they published, I only retweeted as everyone else.

Yes, sorry amesterdamer. I wrongly assumed you were associated with the site.
amesterdamer
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August 13, 2014, 08:09:35 PM
 #13007


Yes, sorry amesterdamer. I wrongly assumed you were associated with the site.

Nop, I'm not in anyway - Check you PM
CryptomenCEO
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August 13, 2014, 08:15:51 PM
 #13008

Hello Mr. Holden, can you please contact me support@cryptomen.com, this article has been submitted to us like this.

We are promoting it. We have a tipjar system so if you get a lot of views, you will be rewarded, can you give us the original content link so we can add the source. It is really important for us.

We want this blog to be "ethical"! It was in the list of article to recommend and link OUT to, with external link. It is your text, you choose what you do with it.

You can contact us at support@cryptomen.com

Sorry for this confusion,

J.F. Hotte
CEO CRYPTOMEN
www.cryptomen.com
Shinraven
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August 13, 2014, 08:20:24 PM
 #13009

Bought some more  Wink
sdmathis
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August 13, 2014, 08:21:32 PM
 #13010

Hello Mr. Holden, can you please contact me support@cryptomen.com, this article has been submitted to us like this.

We are promoting it. We have a tipjar system so if you get a lot of views, you will be rewarded, can you give us the original content link so we can add the source. It is really important for us.

We want this blog to be "ethical"! It was in the list of article to recommend and link OUT to, with external link. It is your text, you choose what you do with it.

You can contact us at support@cryptomen.com

Sorry for this confusion,

J.F. Hotte
CEO CRYPTOMEN
www.cryptomen.com


The ethical thing is to not print the article without the author's permission. I'm sure that you are familiar with international copyright law. I'm also sure that you already know that you are in violation of that law.

TomHolden
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August 13, 2014, 08:21:40 PM
 #13011

Hello Mr. Holden, can you please contact me support@cryptomen.com, this article has been submitted to us like this.

We are promoting it. We have a tipjar system so if you get a lot of views, you will be rewarded, can you give us the original content link so we can add the source. It is really important for us.

We want this blog to be "ethical"! It was in the list of article to recommend and link OUT to, with external link. It is your text, you choose what you do with it.

You can contact us at support@cryptomen.com

Sorry for this confusion,

J.F. Hotte
CEO CRYPTOMEN
www.cryptomen.com


I've already emailed both your personal and your support address. The content was originally at http://www.tholden.org/files/CommentsOnVeriCoin.pdf
yoshiwatusi
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August 13, 2014, 08:50:11 PM
 #13012

Hello Mr. Holden, can you please contact me support@cryptomen.com, this article has been submitted to us like this.

We are promoting it. We have a tipjar system so if you get a lot of views, you will be rewarded, can you give us the original content link so we can add the source. It is really important for us.

We want this blog to be "ethical"! It was in the list of article to recommend and link OUT to, with external link. It is your text, you choose what you do with it.

You can contact us at support@cryptomen.com

Sorry for this confusion,

J.F. Hotte
CEO CRYPTOMEN
www.cryptomen.com


I've already emailed both your personal and your support address. The content was originally at http://www.tholden.org/files/CommentsOnVeriCoin.pdf

to be fair to cryptomen, it was nice that i can just click on a link.. the original reddit link and the link itselfs have to ask me to download a pdf first (some readers are cautious and are turned off by stuff from unverified sources).. anyways, good article..
rhkazani1
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August 13, 2014, 08:53:37 PM
 #13013

What a loss for me, screw you VRC!
lootz
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August 13, 2014, 09:02:10 PM
 #13014

What a loss for me, screw you VRC!

Have you seen my baseball ?
ScottAllyn
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August 13, 2014, 09:05:14 PM
 #13015

@ ScottAllyn

You recently wrote "A Word on Staking" and, in italics, posted this:

"Note that the coin age is essentially reset and starts all over again once a block of coins is done staking."

While I have some trouble with the unnecessary adjectives, such as "essentially", my question here would be more about the ending of the statement: "... once a block is done staking". What EXACTLY -not "essentially"- does that mean? And what is a "block" in the context of your piece? Is there a minimum requirement, like 1,000 VRCs, 5,000 VRCs to "be a block" or ANY amount of VRCs staking is, de facto, a (or more than one) block?

Adding to the confusion: If I have -I'll use your example- a "block of 10,000 VRC" staking in my wallet, when will it be "done staking"?

And how exactly is the coin age reset? Every time people take coins from their wallets and move to any other wallet?

It would be nice and extremely appreciated if when someone post a piece that pretends to be clarifying existing confusion, first makes sure the piece will not create additional confusion instead of clarifying the existing one.

Are you even capable of communicating with others without being abrasive and condescending? You must be a real hoot at parties.

The point of that post was NOT to go into detail on exactly how staking works, but rather to inform people that “Network Stake” does not directly translate into the number of coins that are staking at any given moment. In that regard, it seems to have served its purpose and the response has been overwhelmingly positive.

I understand that there are people who genuinely want to learn more about how Proof of Stake works and that those people may have even more questions after reading what I posted. There's already plenty of detailed information regarding PoS on the net and some of it is quite good. Perhaps I'll post a follow-up or an update that links to some of that information.

My use of "essentially" was just fine in the context of what I wrote, btw. Smiley

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yoshiwatusi
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August 13, 2014, 09:08:02 PM
 #13016

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some
lootz
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August 13, 2014, 09:11:54 PM
 #13017

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some

same here, actually bought some at 50k. hoping this weekends news will bring a turn around
yoshiwatusi
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August 13, 2014, 09:17:18 PM
 #13018

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some

same here, actually bought some at 50k. hoping this weekends news will bring a turn around

if it reaches the ATH, will you sell all then? or some? or wait til it is 100k sat?
lootz
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August 13, 2014, 09:20:04 PM
 #13019

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some

same here, actually bought some at 50k. hoping this weekends news will bring a turn around

if it reaches the ATH, will you sell all then? or some? or wait til it is 100k sat?

I will definitely sell some back into BTC and hold it there so I can buy on dips. Rinse and repeat never thought it would get this low
yoshiwatusi
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August 13, 2014, 09:21:51 PM
 #13020

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some

same here, actually bought some at 50k. hoping this weekends news will bring a turn around

if it reaches the ATH, will you sell all then? or some? or wait til it is 100k sat?

I will definitely sell some back into BTC and hold it there so I can buy on dips. Rinse and repeat never thought it would get this low

yup, me too.. i still have that vision if $VRC recoups that this can be used in lieu of bitcoin.. transaction is way faster.. devs just have to make it more secure
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