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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346489 times)
Reavon
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August 20, 2014, 04:17:13 PM
 #13681

Is this coin for real, not fudding as everyone calls it. The whole community, including myself has been waiting for some update. I must say my btc, which is worth a lot less now than last month is itching to get into this coin, but I just can not justify a serious buy with all the maybes. I will check back often, veri often , I am waiting to buy. Just not now.

Well if you are thinking about getting in the coin . think about that:

-> Vericoins price is on a 2 1/2 months low right now. I dont see any technical purpuse to slide further down.
-> I know at least 2 developing going veri Long now , and will be release any moment could be today could be at the end of the week. I talk about new wallet modern UI and the iOS wallet.

-> Doug is a honest guy and it seems he could figure out something big for vericoin with a 3rd Party that he doesnt want to publish until it is nailed on paper.


All those 3 things are just a matter of days now. And assoon they will hit i am sure the market will react fast. Beside bitcoin is goin on recovery soon, investors mood will rise and so will volume on altcoins.
Depression on Markets -> good time to invest.

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August 20, 2014, 04:22:08 PM
 #13682

Is this coin for real, not fudding as everyone calls it. The whole community, including myself has been waiting for some update. I must say my btc, which is worth a lot less now than last month is itching to get into this coin, but I just can not justify a serious buy with all the maybes. I will check back often, veri often , I am waiting to buy. Just not now.
Vericoin is unique in that it has been making the most strides towards its use as an everyday currency that can be used across the globe.  This is important for longterm success but is not the most currently prized feature in the current crypto community which is decentralized anonymity and future features built on top of that.  Further, given you are coming into an actively developed coin that has already dropped the equivalent of 400-500% from it's highs, now could be a good time to begin building a position........especially if the project I'm working on comes into fruition.
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August 20, 2014, 04:27:18 PM
 #13683

Is this coin for real, not fudding as everyone calls it. The whole community, including myself has been waiting for some update. I must say my btc, which is worth a lot less now than last month is itching to get into this coin, but I just can not justify a serious buy with all the maybes. I will check back often, veri often , I am waiting to buy. Just not now.

Well if you are thinking about getting in the coin . think about that:

-> coin is on a 2 1/2 months low right now. I dont see any technical purpuse to slide further down.
-> I know at least 2 developing going veri Long now , and will be release any moment could be today could be at the end of the week. I talk about new wallet modern UI and the iOS wallet.

-> Doug is a honest guy and it seems he could figure out something big for vericoin with a 3rd Party that he doesnt want to publish until it is nailed on paper.


All those 3 things are just a matter of days now. And assoon they will hit i am sure the market will react fast. Beside bitcoin is goin on recovery soon, investors mood will rise and so will volume on altcoins.
Depression on Markets -> good time to invest.


its more than 2 months old, actually, and is still alive, survived a hack. other coins die in a week or two
Reavon
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August 20, 2014, 04:32:32 PM
 #13684

Is this coin for real, not fudding as everyone calls it. The whole community, including myself has been waiting for some update. I must say my btc, which is worth a lot less now than last month is itching to get into this coin, but I just can not justify a serious buy with all the maybes. I will check back often, veri often , I am waiting to buy. Just not now.

Well if you are thinking about getting in the coin . think about that:

-> coin is on a 2 1/2 months low right now. I dont see any technical purpuse to slide further down.
-> I know at least 2 developing going veri Long now , and will be release any moment could be today could be at the end of the week. I talk about new wallet modern UI and the iOS wallet.

-> Doug is a honest guy and it seems he could figure out something big for vericoin with a 3rd Party that he doesnt want to publish until it is nailed on paper.


All those 3 things are just a matter of days now. And assoon they will hit i am sure the market will react fast. Beside bitcoin is goin on recovery soon, investors mood will rise and so will volume on altcoins.
Depression on Markets -> good time to invest.


its more than 2 months old, actually, and is still alive, survived a hack. other coins die in a week or two

sorry for missconception, i meant " Vericoins Price is on a 2 1/2 month low.
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August 20, 2014, 06:25:04 PM
 #13685

Is this coin for real, not fudding as everyone calls it. The whole community, including myself has been waiting for some update. I must say my btc, which is worth a lot less now than last month is itching to get into this coin, but I just can not justify a serious buy with all the maybes. I will check back often, veri often , I am waiting to buy. Just not now.
Vericoin is unique in that it has been making the most strides towards its use as an everyday currency that can be used across the globe.  This is important for longterm success but is not the most currently prized feature in the current crypto community which is decentralized anonymity and future features built on top of that.  Further, given you are coming into an actively developed coin that has already dropped the equivalent of 400-500% from it's highs, now could be a good time to begin building a position........especially if the project I'm working on comes into fruition.

Perhaps I don't understand clearly this statement... or it is just the usual BS but which are those "...the most strides towards its use as an everyday currency that can be used across the globe."? I am SURE you cannot possibly be referring to the Moolah link, are you? Because if that is the "stride" (and it would be the ONLY one, mind you), Blackcoin has it beaten by months with their otherwise inglorious deal with Coinkite...

I am quite sure you will find some way of having me illustrated on the subject?
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August 20, 2014, 06:41:22 PM
 #13686

                             Flyer for the Bitcoin conference in Cologne on 2nd of September . Germany is a place where we get stuff done quickly.



What do you expect to get out from the German BTC conference where crypto currency literate audience will attend and most likely already know well vercioin and they have the reasons not to touch this coin? Besides that, the devs attended the US BTC conference, apart from a few pictures that show three young men in vericoin shirt the outcome of that conference is non existent. Your flyers for the German conference will not add anything to this declining process, except more disappointments. Sorry, I wish I would have a better news for you, but I don't have  Angry

Only the devs can reverse the decline of vericoin by developing the software and putting the hard work into the coin.

Agree on the assessment of both conferences, the one that the community paid for the three young men to go to Chicago in style -and then some-, and this upcoming one paid for by Reavon -maybe with some generous donations' help-. Oh, and the pizza-fest at the Bitcoin building, also.

As you sharply point out, it is a waste of resources to do anything at all directed at the "crypto currency literate audience" anywhere. Those have already long recognized this is the hobby of three kids with not much to bring on to the amazingly dynamic world of alternative currencies, leagues below the leaders -in developing- current and the ones that will be surging in the very near future. And, to put it mildly, they are not interested in the least.

As I have been saying for months now, the only chance this coin has -and it is a very slim one, getting slimmer by the minute- is to brand itself as the GOOD GUYS -with all it's implications- of crypto and, therefore, as the link to the real world, not the crypto-savvy.

Edit to add: And no, there's nothing the devs can do, since any software they would be capable of developing would be a -much inferior- side show to the features already implemented by others. Like I said above, not even remotely in the same league.
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August 20, 2014, 07:57:37 PM
 #13687

Since I had already wasted my time, here it is:


I like it.

Before it went public I would fix "infraestructure" and "Staggerinly".

Otherwise I think it would reach certain people. Smiley


Multimillion spelled wrong too

Edit:  Oh geez several other misspellings too

Oh geez it was first copy and i didnt even bother to re-read it. Buy geez since you are counting and you are at three, how many more misspellings have you found? Several would be at least three more... gee thanks for proof reading it! Geeeesh...

Oh Geez whiz, I suppose there were NOT "several other misspellings too", after all ah?

What was there was, as we all already know, somebody completely full of shit.
yoshiwatusi
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August 20, 2014, 08:08:41 PM
 #13688

what's the next big development on this front?
are you a journalist?
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August 20, 2014, 08:32:47 PM
 #13689

PROJECT JUGGERNAUT
COMMITMENT OF DEVELOPMENT FUNDS; BOUNTY ADDRESS VVdqRP1Dmb6b7Q7hTK6eDk8pphf8mpV9n6

-What is Project Juggernaut?

A Juggernaut , in current English usage, is a literal or metaphorical force regarded as mercilessly unstoppable and I hope to help make it apply to Vericoin.
Project Juggernaut is a project I've been working on to recruit a very special 4th Developer permanently into the Vericoin family and integrate his first of its kind technology into the Vericoin codebase.  The ultimate goal of which is to strengthen the longterm foundation of Vericoin and ultimately position Vericoin as a Top 5 coin in altcoin market capitalization.  To achieve this I am asking the Vericoin community to consolidate a compensation package for this developer and his team and the connections that come with him.  The above VRC wallet is a special wallet to be used solely for this purpose and is being maintained by me.  Another address that the community chooses can also be utilized but the stipulations of the contract will dictate that all these funds will be refunded to donators if this 4th Dev is not brought in.

-How much is the compensation?
The requested compensation is 1 million VRC that only pays out to the new Dev as our mkcap rises and certain price milestones are crossed.  (as an example, 100k@.0002, 100k@.0003, 200k@.0004, 200k@.0006,....)
This is a great deal for the community because it means the new Dev is so confident that his ready to launch technologies and his joint work with the Vericoin Devs will make the price rise substantially, that he is willing to only be paid when he proves this fact with actual results that the community highly values.  I am requesting for each Vericoin holder to try to donate 10%-20% of their holdings to make Project Juggernaut happen.  I will personally be donating 50k VRC for my part in this endeavor and I have verbal commitments that atleast one of our Devs will match that donation if the community supports this so we are already 10% of the way there.

-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team.  Vericoin would immediately get very valuable technology that no other crypto coin has.  He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation.  This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.  

-But who are you?
When I first got into mining I saw that Darkcoin was the future in a world of junk coins and only mined and bought that.  And I see a similar opportunity here with Vericoin if we can make this a reality.  I probably own more Vericoins than every single person reading this thread and have staked since early June so I have a huge vested interest in the longterm price appreciation of this coin.  Hence my efforts in bringing in new top quality talent and technology to Vericoin.

-So how do I make money by giving up money??
It's a rising tide lifts all boats scenario.  For example, in Timeline 1 the community bickers and trashes the idea and noone donates.  In that timeline you have 50k VRC @ .0001 = 5BTC.

In Timeline 2 the community rallies and we raise the funds and complete Project Juggernaut.  The Dev announcement alone makes VRC double to .0002 and the coming new tech rallies VRC to .0003.  Instead of 50k VRC you have 40k because you previously donated 20% to the new Dev.  However, the price of VRC is now .0003 so your 40k VRC is now worth 12BTC!  Representing a whopping 140% gain over Timeline 1. AND WE ARE JUST GETTING STARTED!  This part is obviously not guaranteed and represents a prediction on my part but it very useful as an example of how spending a little can earn you alot.

-I'm in, how do we make this happen?
I've created the bounty wallet above that will only do 2 things.  Pay Dev 4 at the agreed upon VRC price levels, or return funds to donators if we can't raise enough to bring him onboard.  Just donate to it and label the sending address in your wallet so you can keep track.  The hardest part is getting the ball rolling.  If we have other escrows the community likes then let's use them.  The key is not to lose this opportunity based on personal greed, inaction, or infighting.

-drkman/snapples/BigSnapples








could you tell us who that 4th dev would be? sounds really interesting  Smiley

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August 20, 2014, 08:35:25 PM
 #13690

PROJECT JUGGERNAUT
COMMITMENT OF DEVELOPMENT FUNDS; BOUNTY ADDRESS VVdqRP1Dmb6b7Q7hTK6eDk8pphf8mpV9n6

-What is Project Juggernaut?

A Juggernaut , in current English usage, is a literal or metaphorical force regarded as mercilessly unstoppable and I hope to help make it apply to Vericoin.
Project Juggernaut is a project I've been working on to recruit a very special 4th Developer permanently into the Vericoin family and integrate his first of its kind technology into the Vericoin codebase.  The ultimate goal of which is to strengthen the longterm foundation of Vericoin and ultimately position Vericoin as a Top 5 coin in altcoin market capitalization.  To achieve this I am asking the Vericoin community to consolidate a compensation package for this developer and his team and the connections that come with him.  The above VRC wallet is a special wallet to be used solely for this purpose and is being maintained by me.  Another address that the community chooses can also be utilized but the stipulations of the contract will dictate that all these funds will be refunded to donators if this 4th Dev is not brought in.

-How much is the compensation?
The requested compensation is 1 million VRC that only pays out to the new Dev as our mkcap rises and certain price milestones are crossed.  (as an example, 100k@.0002, 100k@.0003, 200k@.0004, 200k@.0006,....)
This is a great deal for the community because it means the new Dev is so confident that his ready to launch technologies and his joint work with the Vericoin Devs will make the price rise substantially, that he is willing to only be paid when he proves this fact with actual results that the community highly values.  I am requesting for each Vericoin holder to try to donate 10%-20% of their holdings to make Project Juggernaut happen.  I will personally be donating 50k VRC for my part in this endeavor and I have verbal commitments that atleast one of our Devs will match that donation if the community supports this so we are already 10% of the way there.

-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team.  Vericoin would immediately get very valuable technology that no other crypto coin has.  He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation.  This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.  

-But who are you?
When I first got into mining I saw that Darkcoin was the future in a world of junk coins and only mined and bought that.  And I see a similar opportunity here with Vericoin if we can make this a reality.  I probably own more Vericoins than every single person reading this thread and have staked since early June so I have a huge vested interest in the longterm price appreciation of this coin.  Hence my efforts in bringing in new top quality talent and technology to Vericoin.

-So how do I make money by giving up money??
It's a rising tide lifts all boats scenario.  For example, in Timeline 1 the community bickers and trashes the idea and noone donates.  In that timeline you have 50k VRC @ .0001 = 5BTC.

In Timeline 2 the community rallies and we raise the funds and complete Project Juggernaut.  The Dev announcement alone makes VRC double to .0002 and the coming new tech rallies VRC to .0003.  Instead of 50k VRC you have 40k because you previously donated 20% to the new Dev.  However, the price of VRC is now .0003 so your 40k VRC is now worth 12BTC!  Representing a whopping 140% gain over Timeline 1. AND WE ARE JUST GETTING STARTED!  This part is obviously not guaranteed and represents a prediction on my part but it very useful as an example of how spending a little can earn you alot.

-I'm in, how do we make this happen?
I've created the bounty wallet above that will only do 2 things.  Pay Dev 4 at the agreed upon VRC price levels, or return funds to donators if we can't raise enough to bring him onboard.  Just donate to it and label the sending address in your wallet so you can keep track.  The hardest part is getting the ball rolling.  If we have other escrows the community likes then let's use them.  The key is not to lose this opportunity based on personal greed, inaction, or infighting.

-drkman/snapples/BigSnapples








Ok, let me get this straight, before I get sick of laughing on the floor in hysterics for 10 minutes, unable to stop:

This "Juggernaut" guy is our "secret weapon", right? Since it is obvious by now that we have three stooges as devs that cannot code their way out of a paperbag, you propose to hire (code name: Juggernaut), that is so good, already has such great technologies ready to go and has such a prestige in the crypto world that he cannot get arrested (he cannot find a job) and cannot launch his own crypto currency? Is that it?

You cannot be serious!

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August 20, 2014, 08:38:04 PM
 #13691

have three stooges as devs that cannot code their way out of a paperbag

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August 20, 2014, 08:39:11 PM
 #13692

PROJECT JUGGERNAUT
COMMITMENT OF DEVELOPMENT FUNDS; BOUNTY ADDRESS VVdqRP1Dmb6b7Q7hTK6eDk8pphf8mpV9n6

-What is Project Juggernaut?.....


I wouldn't even begin to think about donating anything until I get a name, location and professional background of this "developer". And 1 million VRC?!?! So you want the developer to become the 3rd largest holder of the coin without telling us anything serious about the guy.

Man... you got balls
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August 20, 2014, 08:45:57 PM
 #13693


He wouldn't become the 3rd largest holder unless he pushed us all the way to .001 and that would be a 10X from here so I'd say he would deserve it.

Right now the 4th largest coin holder has some 800,000 coins. Regardless of the price it would still be the 4th largest position. Price is irrelevant.

[...]
If this is bad advice then someone please post because I am far from a bitcoin wallet expert and I make no claims I know what the heck I am talking about.

So we are suppose to give 1 million coins to someone referred by you, who not too long ago self proclaimed "I make no claims I know what the heck I am talking about."

Oh and I also noticed going through you history, in the last few months you've also raved about: NTX, Badgercoin, Quazarcoin, DRK, Mastiffcoin, and now Vericoin...

Sounds like a winner to me.
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August 20, 2014, 08:46:32 PM
 #13694

PROJECT JUGGERNAUT
COMMITMENT OF DEVELOPMENT FUNDS; BOUNTY ADDRESS VVdqRP1Dmb6b7Q7hTK6eDk8pphf8mpV9n6

-What is Project Juggernaut?.....


I wouldn't even begin to think about donating anything until I get a name, location and professional background of this "developer". And 1 million VRC?!?! So you want the developer to become the 3rd largest holder of the coin without telling us anything serious about the guy.

Man... you got balls
He wouldn't become the 3rd largest holder unless he pushed us all the way to .001 and that would be a 10X from here so I'd say he would deserve it.

The real sad thing -but still very funny- is that you actually believe just one individual would be able, with his coding, to "push us" above .001.

I would recommend a nice, secluded institution but I'm afraid you're probably beyond that even at this point...
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August 20, 2014, 09:00:03 PM
 #13695

Now that I barely have been able to stop laughing and I am in the process to compose myself, I have to go over this project JUGGERNAUT that if we are to believe this obviously deranged man, drkman, has the full support -and matching donation of 50k VRC- of none other than Patrick Nosker, the go to guy in the three stooges posing as developers of Vericoin. This is serious shit folks. This is, in no other words, admitting technically they cannot bring anything more to VRC -something painfully quite obvious for some time- and they want to bring in, at the expense of the community, of course, a 4th developer, somebody that actually knows how to code and that is probably some loser jerkoff pretending to be a genius but unable to have done anything remotely significant prior.

Now, we know that Dave cannot get his shit straight regarding the pool. We know that Doug cannot get his shit straight and come out with a working wallet. And we know Patrick... has a healthy appetite.... We should record them together and sell the videos as the new version of The Three Stooges. We will make more than with VRC for sure. And probably Netflix would bite, because they, quite frankly, are hilarious.

And, again, I am painfully rolling on the floor laughing with convulsions.

Some things are just too much to be able to keep a straight face... way too much.
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August 20, 2014, 09:02:00 PM
 #13696

PROJECT JUGGERNAUT
COMMITMENT OF DEVELOPMENT FUNDS; BOUNTY ADDRESS VVdqRP1Dmb6b7Q7hTK6eDk8pphf8mpV9n6

-What is Project Juggernaut?.....


I wouldn't even begin to think about donating anything until I get a name, location and professional background of this "developer". And 1 million VRC?!?! So you want the developer to become the 3rd largest holder of the coin without telling us anything serious about the guy.

Man... you got balls
He wouldn't become the 3rd largest holder unless he pushed us all the way to .001 and that would be a 10X from here so I'd say he would deserve it.

The real sad thing -but still very funny- is that you actually believe just one individual would be able, with his coding, to "push us" above .001.

I would recommend a nice, secluded institution but I'm afraid you're probably beyond that even at this point...
You are at a big disadvantage because I know his identity and thus I've seen first hand his ideas, coding and his team take more than 1 coin up over 10x and 20x and keep them there.  this is also why we don't have to pay him but a couple hundred thousand until VRC has already tripled or more in price so little to no risk for us until we all benefit together.

OK let me, first, offer a quick robot-portrait of yourself:

You are this guy that, after having significantly invested in DRK, saw his stash lose all the profits and quickly incur in losses before selling off ... to buy the "big opportunity in the downside spiral of VRC. Granted you have averaged down significantly but still it will take the price of VRC to reach nearly 30k to get to your average price or, maybe even get some gains... which you would of course not book and would sell in a panic on the next dump following you now patented brilliance in trading/investing in crypto.

Now, through your brief months in crypto, you of course know everything there's to know and pose as an ace trader, that has gotten in touch with some jerkoff posing as a brilliant coder (I wouldn't even be surprised if it is Templar 77, Carlitos...) who has somehow convinced you that he has the tech savvy and general smarts to take VRC to the moon. And, naturally, he has you convinced -although this idea is probably all yours- that just the announcement of his involvement, will make this coin double in price. And then much more.

It's really, really, funny.

Hey, I'll tell you what... You can prove all of us wrong here: Since Patrick is in, I am quite positive Doug and Dave will support Juggernaut. Even double the support, heck make it a round 100K each of you (you still have left 400k to fully benefit), so the four of you get your money back instantly. And then some.
Contrary to yours, drkman, this is a great idea, think about it, ok?You give 100k coins worth 10k and going down and retain 400k worth 10k and going down. As a result, you get instantly 400k worth at least double. The stooges benefit almost the same way since they have under 400k each already.
This is a win, win, and then win situation! And the four of you alone can pull it instantly, no need to bring the community in.

I'll tell you what, just between you and me: If you pull this off -and it is quite possible to happen, I'd say it would even be inevitable-, I'm sure you'll have the community eating out of the palm of your hand and they will give you and your Juggernaut plenty of donations to keep the ball rolling.

See what a GOOD idea is compared to a totally absurd one?

This should already have been done... except that X will take credit for it and will post that all happen because of the both at the Minnesota Fair. But who cares, right?


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August 20, 2014, 09:03:11 PM
 #13697

umm... for that large amount I bet we can talk Chad "Ochocinco" Johnson into talking about VRC on twitter and get more a price hike. The price hike would help the devs with the donations they get and when you draw interest the good coders to help come.... thats just my opinion though

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August 20, 2014, 09:04:45 PM
 #13698

How can you bring in some random fourth dev without an ok from the other three devs?  And why would they ever trust some random guy they don't know?  The whole thing makes no damn sense.
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August 20, 2014, 09:05:57 PM
 #13699

PROJECT JUGGERNAUT
COMMITMENT OF DEVELOPMENT FUNDS; BOUNTY ADDRESS VVdqRP1Dmb6b7Q7hTK6eDk8pphf8mpV9n6

-What is Project Juggernaut?

A Juggernaut , in current English usage, is a literal or metaphorical force regarded as mercilessly unstoppable and I hope to help make it apply to Vericoin.
Project Juggernaut is a project I've been working on to recruit a very special 4th Developer permanently into the Vericoin family and integrate his first of its kind technology into the Vericoin codebase.  The ultimate goal of which is to strengthen the longterm foundation of Vericoin and ultimately position Vericoin as a Top 5 coin in altcoin market capitalization.  To achieve this I am asking the Vericoin community to consolidate a compensation package for this developer and his team and the connections that come with him.  The above VRC wallet is a special wallet to be used solely for this purpose and is being maintained by me.  Another address that the community chooses can also be utilized but the stipulations of the contract will dictate that all these funds will be refunded to donators if this 4th Dev is not brought in.

-How much is the compensation?
The requested compensation is 1 million VRC that only pays out to the new Dev as our mkcap rises and certain price milestones are crossed.  (as an example, 100k@.0002, 100k@.0003, 200k@.0004, 200k@.0006,....)
This is a great deal for the community because it means the new Dev is so confident that his ready to launch technologies and his joint work with the Vericoin Devs will make the price rise substantially, that he is willing to only be paid when he proves this fact with actual results that the community highly values.  I am requesting for each Vericoin holder to try to donate 10%-20% of their holdings to make Project Juggernaut happen.  I will personally be donating 50k VRC for my part in this endeavor and I have verbal commitments that atleast one of our Devs will match that donation if the community supports this so we are already 10% of the way there.

-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team.  Vericoin would immediately get very valuable technology that no other crypto coin has.  He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation.  This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.  

-But who are you?
When I first got into mining I saw that Darkcoin was the future in a world of junk coins and only mined and bought that.  And I see a similar opportunity here with Vericoin if we can make this a reality.  I probably own more Vericoins than every single person reading this thread and have staked since early June so I have a huge vested interest in the longterm price appreciation of this coin.  Hence my efforts in bringing in new top quality talent and technology to Vericoin.

-So how do I make money by giving up money??
It's a rising tide lifts all boats scenario.  For example, in Timeline 1 the community bickers and trashes the idea and noone donates.  In that timeline you have 50k VRC @ .0001 = 5BTC.

In Timeline 2 the community rallies and we raise the funds and complete Project Juggernaut.  The Dev announcement alone makes VRC double to .0002 and the coming new tech rallies VRC to .0003.  Instead of 50k VRC you have 40k because you previously donated 20% to the new Dev.  However, the price of VRC is now .0003 so your 40k VRC is now worth 12BTC!  Representing a whopping 140% gain over Timeline 1. AND WE ARE JUST GETTING STARTED!  This part is obviously not guaranteed and represents a prediction on my part but it very useful as an example of how spending a little can earn you alot.

-I'm in, how do we make this happen?
I've created the bounty wallet above that will only do 2 things.  Pay Dev 4 at the agreed upon VRC price levels, or return funds to donators if we can't raise enough to bring him onboard.  Just donate to it and label the sending address in your wallet so you can keep track.  The hardest part is getting the ball rolling.  If we have other escrows the community likes then let's use them.  The key is not to lose this opportunity based on personal greed, inaction, or infighting.

-drkman/snapples/BigSnapples








10 to 20% of our holding doesn't represent the same amount of money for everyone. The first time I heard of Vericoin I bought at 29k sat. I bought a lot at 43k sat.
Today I bought more than 20k vrc expecting an announcement from the Devs. This annon is supposed to be impressive. For me to trust and invest in your idea I will have to see the results of the secret annon that we are all expecting.
All together to get all my vericoin I have already spent 41 BTC. Some people had only to invest ten time less to get the same amount of vrc than I possess. So 10% is not the same for someone who had the chance to get their Vrc right from the first 2 weeks.


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August 20, 2014, 09:07:42 PM
 #13700

PROJECT JUGGERNAUT
COMMITMENT OF DEVELOPMENT FUNDS; BOUNTY ADDRESS VVdqRP1Dmb6b7Q7hTK6eDk8pphf8mpV9n6

-What is Project Juggernaut?

A Juggernaut , in current English usage, is a literal or metaphorical force regarded as mercilessly unstoppable and I hope to help make it apply to Vericoin.
Project Juggernaut is a project I've been working on to recruit a very special 4th Developer permanently into the Vericoin family and integrate his first of its kind technology into the Vericoin codebase.  The ultimate goal of which is to strengthen the longterm foundation of Vericoin and ultimately position Vericoin as a Top 5 coin in altcoin market capitalization.  To achieve this I am asking the Vericoin community to consolidate a compensation package for this developer and his team and the connections that come with him.  The above VRC wallet is a special wallet to be used solely for this purpose and is being maintained by me.  Another address that the community chooses can also be utilized but the stipulations of the contract will dictate that all these funds will be refunded to donators if this 4th Dev is not brought in.

-How much is the compensation?
The requested compensation is 1 million VRC that only pays out to the new Dev as our mkcap rises and certain price milestones are crossed.  (as an example, 100k@.0002, 100k@.0003, 200k@.0004, 200k@.0006,....)
This is a great deal for the community because it means the new Dev is so confident that his ready to launch technologies and his joint work with the Vericoin Devs will make the price rise substantially, that he is willing to only be paid when he proves this fact with actual results that the community highly values.  I am requesting for each Vericoin holder to try to donate 10%-20% of their holdings to make Project Juggernaut happen.  I will personally be donating 50k VRC for my part in this endeavor and I have verbal commitments that atleast one of our Devs will match that donation if the community supports this so we are already 10% of the way there.

-But who is this Dev and how can we be assured that the Vericoin price will respond and lift all boats higher.
In short, noone can guarantee prices but both I and the Devs have reviewed the 4th Dev's work and I feel confident he would be a tremendous, game changing type addition to the team.  Vericoin would immediately get very valuable technology that no other crypto coin has.  He is also very well known with an impeccable reputation and proven execution at delivering code that results in strong coin price appreciation.  This is why Pat has said that "this is a good idea" if the community can get behind it and I believe Doug also knows bringing this guy on could make Vericoin a potential top altcoin.  

-But who are you?
When I first got into mining I saw that Darkcoin was the future in a world of junk coins and only mined and bought that.  And I see a similar opportunity here with Vericoin if we can make this a reality.  I probably own more Vericoins than every single person reading this thread and have staked since early June so I have a huge vested interest in the longterm price appreciation of this coin.  Hence my efforts in bringing in new top quality talent and technology to Vericoin.

-So how do I make money by giving up money??
It's a rising tide lifts all boats scenario.  For example, in Timeline 1 the community bickers and trashes the idea and noone donates.  In that timeline you have 50k VRC @ .0001 = 5BTC.

In Timeline 2 the community rallies and we raise the funds and complete Project Juggernaut.  The Dev announcement alone makes VRC double to .0002 and the coming new tech rallies VRC to .0003.  Instead of 50k VRC you have 40k because you previously donated 20% to the new Dev.  However, the price of VRC is now .0003 so your 40k VRC is now worth 12BTC!  Representing a whopping 140% gain over Timeline 1. AND WE ARE JUST GETTING STARTED!  This part is obviously not guaranteed and represents a prediction on my part but it very useful as an example of how spending a little can earn you alot.

-I'm in, how do we make this happen?
I've created the bounty wallet above that will only do 2 things.  Pay Dev 4 at the agreed upon VRC price levels, or return funds to donators if we can't raise enough to bring him onboard.  Just donate to it and label the sending address in your wallet so you can keep track.  The hardest part is getting the ball rolling.  If we have other escrows the community likes then let's use them.  The key is not to lose this opportunity based on personal greed, inaction, or infighting.

-drkman/snapples/BigSnapples








Would you happen to be a prince from Nigeria with money sitting in an account and need Vericoins to get it back??
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