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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1351021 times)
chunkyjunkie
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August 21, 2014, 04:25:21 PM
 #13781

Exactly! They should follow the correct roadmap for delivering this and any future developments:
1) Make only generic announcements of future developments. Target dates should be as generic as possible (e.g. Q4/14)
2) Execute, sign documents, test and fully secure the feature
3) Release a PR setting date and time for the actual announcement (e.g. Vericoin will be announcing a great developmemnt on Friday, 8/23, 2 pm EST)
4) Release the announcement ontime precisely as communicated in the previous PR

By adopting such a methodology, the announcement would get maximum attention from all crypto, if not for its content, at least for the professionalism of the communication strategy.



I agree fully with this methodology. I will ask the other devs to follow suit and adapt this system. Thanks for the tip.

The skillful leader subdues the enemy's troops without any fighting. #TheArtofWar

Good quote. Thanks for the reminder of it.

Good to see you are open to solid helpful suggestions, wish this was posted verbatim a month or 2 ago it really gets the point across we tried to make before. gl

https://www.bitcoinlanding.com - Twitter - https://twitter.com/Bitcoinlanding - Bitcoin News, Video and more!
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August 21, 2014, 04:27:41 PM
 #13782

You must remember that it is supposed to be called digital currency, crypto was a no no the last time i tuned into the radio feed. Keep that in mind. Oh yea , still waiting for an update
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August 21, 2014, 05:58:38 PM
 #13783


I didn't make you put a single dime into VeriCoin and nobody else did either.

I've never invested because you said so, still you should never reply this for an investor. Your reply is not only cynical but simply hypocritical, because you are here for the dollar. Actually, you were specifically bashing BTC in your tweets and asking investment for vericoin saying it is better investment than BTC - and that's fine, it's cool if you want to make money, but in this case don't present yourself as an innocent boy, don't be a hypocrite please. You aren't a voluntary coder for the linux kernel for free of charge but the lead developer of a software in the 95% scam driven altcoin market. You are here for the dollar - just to be clear about your motives.

In the meantime you are talking about my investment, but I said many times, I am not overly worry about loosing money with vericoin. Which bothers me and many other investors most are the broken promises, the lack of development, your incapability to deliver anything in the last 8 weeks, the hypes about the conference and Wall Street when the pumps were in progress, and the scam with wizrig. You must understand, most people are not overly worry about the money, but don't like to be mislead and scammed, not even from a PhD student. Look back at your first hangout, how you presented the "team member" wizrig by asking investment when that scammer said "I am here for long" and how you sold his plan about the worldwide media campaign, how you stated everything is legit about wizrig, and then hopefully you will understand why many investors feel that this is just another P&D operation and the wizrig affair was a proper scam. Having said that, nobody would care a lot about your wizrig affair and any past broken promises if you would a) say at least sorry if there is a mistake  b) start developing the software and deliver something  c) wouldn't top up that scam with broken promises again and again.

You have a big problem in my opinion, because more and more investors, once committed supporters are very unhappy about how you develop, more precisely not develop this coin. To be honest I was hoping that provocative comments and the moaning from unhappy investors will trigger other actions from you than arrogant replies, what I was hoping is that you will actually sit down with your colleagues and start to develop the software. I guess you guys just incapable to do that, you are just not good enough to compete with viacoin, cloak not to mention Ethereum. It would be great if you could prove me wrong and start to develop something that matters.

Finally, it is not your business if I stay or go. Your cheerleaders pointed out last week that this is the Wilde West, don't cry and go way (which sentiment actually appears in your reply as well). That is hilarious, because if it is really the Wilde West as your cheerleeder brigade like to say then you should expect some gun fire when there are no delivery, broken promises, pump and scam in the air.
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August 21, 2014, 06:09:38 PM
 #13784


I didn't make you put a single dime into VeriCoin and nobody else did either.

I've never invested because you said so, still you should never reply this for an investor. Your reply is not only cynical but simply hypocritical, because you are here for the dollar. Actually, you were specifically bashing BTC in your tweets and asking investment for vericoin saying it is better investment than BTC - and that's fine, it's cool if you want to make money, but in this case don't present yourself as an innocent boy, don't be a hypocrite please. You aren't a voluntary coder for the linux kernel for free of charge but the lead developer of a software in the 95% scam driven altcoin market. You are here for the dollar - just to be clear about your motives.

In the meantime you are talking about my investment, but I said many times, I am not overly worry about loosing money with vericoin. Which bothers me and many other investors most are the broken promises, the lack of development, your incapability to deliver anything in the last 8 weeks, the hypes about the conference and Wall Street when the pumps were in progress, and the scam with wizrig. You must understand, most people are not overly worry about the money, but don't like to be mislead and scammed, not even from a PhD student. Look back at your first hangout, how you presented the "team member" wizrig by asking investment when that scammer said "I am here for long" and how you sold his plan about the worldwide media campaign, how you stated everything is legit about wizrig, and then hopefully you will understand why many investors feel that this is just another P&D operation and the wizrig affair was a proper scam. Having said that, nobody would care a lot about your wizrig affair and any past broken promises if you would a) say at least sorry if there is a mistake  b) start developing the software and deliver something  c) wouldn't top up that scam with broken promises again and again.

You have a big problem in my opinion, because more and more investors, once committed supporters are very unhappy about how you develop, more precisely not develop this coin. To be honest I was hoping that provocative comments and the moaning from unhappy investors will trigger other actions from you than arrogant replies, what I was hoping is that you will actually sit down with your colleagues and start to develop the software. I guess you guys just incapable to do that, you are just not good enough to compete with viacoin, cloak not to mention Ethereum. It would be great if you could prove me wrong and start to develop something that matters.

Finally, it is not your business if I stay or go. Your cheerleaders pointed out last week that this is the Wilde West, don't cry and go way (which sentiment actually appears in your reply as well). That is hilarious, because if it is really the Wilde West as your cheerleeder brigade like to say then you should expect some gun fire when there are no delivery, broken promises, pump and scam in the air.

YAWN
pnosker
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August 21, 2014, 06:10:46 PM
 #13785

Actually, you were specifically bashing BTC in your tweets and asking investment for vericoin saying it is better investment than BTC - and that's fine, it's cool if you want to make money, but in this case don't present yourself as an innocent boy, don't be a hypocrite please. You aren't a voluntary coder for the linux kernel for free of charge but the lead developer of a software in the 95% scam driven altcoin market. You are here for the dollar - just to be clear about your motives.

In the meantime you are talking about my investment, but I said many times, I am not overly worry about loosing money with vericoin. Which bothers me and many other investors most are the broken promises, the lack of development, your incapability to deliver anything in the last 8 weeks, the hypes about the conference and Wall Street when the pumps were in progress, and the scam with wizrig. You must understand, most people are not overly worry about the money, but don't like to be mislead and scammed, not even from a PhD student. Look back at your first hangout, how you presented the "team member" wizrig by asking investment when that scammer said "I am here for long" and how you sold his plan about the worldwide media campaign, how you stated everything is legit about wizrig, and then hopefully you will understand why many investors feel that this is just another P&D operation and the wizrig affair was a proper scam. Having said that, nobody would care a lot about your wizrig affair and any past broken promises if you would a) say at least sorry if there is a mistake  b) start developing the software and deliver something  c) wouldn't top up that scam with broken promises again and again.

You have a big problem in my opinion, because more and more investors, once committed supporters are very unhappy about how you develop, more precisely not develop this coin. To be honest I was hoping that provocative comments and the moaning from unhappy investors will trigger other actions from you than arrogant replies, what I was hoping is that you will actually sit down with your colleagues and start to develop the software. I guess you guys just incapable to do that, you are just not good enough to compete with viacoin, cloak not to mention Ethereum. It would be great if you could prove me wrong and start to develop something that matters.

Finally, it is not your business if I stay or go. Your cheerleaders pointed out last week that this is the Wilde West, don't cry and go way (which sentiment actually appears in your reply as well). That is hilarious, because if it is really the Wilde West as your cheerleeder brigade like to say then you should expect some gun fire when there are no delivery, broken promises, pump and scam in the air.

Saying VRC is better than BTC isn't bashing BTC. BTC is great. I've been mining it since 2010. I've worked on free projects in the past. In middle school I was a contributor to the PearPC project (ASM CPU translation code). If I was here for the dollar I would have sold off my VeriCoin long ago.

You, others, and even me have been let down by lack of developments. They aren't because we're doing nothing-- some of them are due to obvious commitment problems (Wiz for example) in which more was said than done), some are due to delivery issues (we were waiting for new UI icons for weeks and finally have them), some are due to technical issues (Our original plan for VeriSend is much more difficult to implement without significant codebase changes, for example), some are due to partnership issues (the next ANN)-- all of which we were likely unprepared and too naive to appreciate when we discussed them publicly. And I am apologizing for the delays. Viacoin couldn't handle development themselves and had to outsource a lot of it-- which cost them a great chunk of their IPO. Ethereum similarly has tens of developers and not a single working coin (and won't be for months), as well as millions of dollars to pay developers. I'm not especially aware of Cloak so I cannot comment on their progress. Either way, nobody but VeriCoin is attempting to make a coin for the masses. And that requires a lot of "bridging" to work-- things like VeriBit and our next announcement. And those things often require more time than we imagined.

A lot of what we are building now isn't just software but part of the platform and ecosystem to make VeriCoin useful everywhere. One thing that is sorely needed (and we're working hard on) is getting a community foundation going that can help us where we need it: marketing, news releases with more reasonable timelines, etc. I would say that is our greatest deficit right now and one we are working on fixing. I also have spoken to the other devs about not releasing hints of new stuff until it's done, then delaying so we can get proper PR ready. It was a mistake in my opinion to even discuss the announcement set for last weekend before it was ready. Doug knows this now. One of the other issues is that one community member figured out vaguely what it was and started talking about it... so we need to keep things closer to ourselves until it's more mature next time.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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August 21, 2014, 06:20:27 PM
 #13786


Finally, it is not your business if I stay or go. Your cheerleaders pointed out last week that this is the Wilde West, don't cry and go way (which sentiment actually appears in your reply as well). That is hilarious, because if it is really the Wilde West as your cheerleeder brigade like to say then you should expect some gun fire when there are no delivery, broken promises, pump and scam in the air.


 One of the other issues is that one community member figured out vaguely what it was and started talking about it... so we need to keep things closer to ourselves until it's more mature next time.

This idiot. Who was it I want to write him an angry PM....   Grin

Regards,
Michael

https://litebit.eu/registration/de/3337ouEH2M/
Add a VRC banner to your Website & support VERICOIN
ereborltc
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August 21, 2014, 06:22:35 PM
 #13787

Actually, you were specifically bashing BTC in your tweets and asking investment for vericoin saying it is better investment than BTC - and that's fine, it's cool if you want to make money, but in this case don't present yourself as an innocent boy, don't be a hypocrite please. You aren't a voluntary coder for the linux kernel for free of charge but the lead developer of a software in the 95% scam driven altcoin market. You are here for the dollar - just to be clear about your motives.

In the meantime you are talking about my investment, but I said many times, I am not overly worry about loosing money with vericoin. Which bothers me and many other investors most are the broken promises, the lack of development, your incapability to deliver anything in the last 8 weeks, the hypes about the conference and Wall Street when the pumps were in progress, and the scam with wizrig. You must understand, most people are not overly worry about the money, but don't like to be mislead and scammed, not even from a PhD student. Look back at your first hangout, how you presented the "team member" wizrig by asking investment when that scammer said "I am here for long" and how you sold his plan about the worldwide media campaign, how you stated everything is legit about wizrig, and then hopefully you will understand why many investors feel that this is just another P&D operation and the wizrig affair was a proper scam. Having said that, nobody would care a lot about your wizrig affair and any past broken promises if you would a) say at least sorry if there is a mistake  b) start developing the software and deliver something  c) wouldn't top up that scam with broken promises again and again.

You have a big problem in my opinion, because more and more investors, once committed supporters are very unhappy about how you develop, more precisely not develop this coin. To be honest I was hoping that provocative comments and the moaning from unhappy investors will trigger other actions from you than arrogant replies, what I was hoping is that you will actually sit down with your colleagues and start to develop the software. I guess you guys just incapable to do that, you are just not good enough to compete with viacoin, cloak not to mention Ethereum. It would be great if you could prove me wrong and start to develop something that matters.

Finally, it is not your business if I stay or go. Your cheerleaders pointed out last week that this is the Wilde West, don't cry and go way (which sentiment actually appears in your reply as well). That is hilarious, because if it is really the Wilde West as your cheerleeder brigade like to say then you should expect some gun fire when there are no delivery, broken promises, pump and scam in the air.

Saying VRC is better than BTC isn't bashing BTC. BTC is great. I've been mining it since 2010. I've worked on free projects in the past. In middle school I was a contributor to the PearPC project (ASM CPU translation code). If I was here for the dollar I would have sold off my VeriCoin long ago.

You, others, and even me have been let down by lack of developments. They aren't because we're doing nothing-- some of them are due to obvious commitment problems (Wiz for example) in which more was said than done), some are due to delivery issues (we were waiting for new UI icons for weeks and finally have them), some are due to technical issues (Our original plan for VeriSend is much more difficult to implement without significant codebase changes, for example), some are due to partnership issues (the next ANN)-- all of which we were likely unprepared and too naive to appreciate when we discussed them publicly. And I am apologizing for the delays. Viacoin couldn't handle development themselves and had to outsource a lot of it-- which cost them a great chunk of their IPO. Ethereum similarly has tens of developers and not a single working coin (and won't be for months), as well as millions of dollars to pay developers. I'm not especially aware of Cloak so I cannot comment on their progress. Either way, nobody but VeriCoin is attempting to make a coin for the masses. And that requires a lot of "bridging" to work-- things like VeriBit and our next announcement. And those things often require more time than we imagined.

A lot of what we are building now isn't just software but part of the platform and ecosystem to make VeriCoin useful everywhere. One thing that is sorely needed (and we're working hard on) is getting a community foundation going that can help us where we need it: marketing, news releases with more reasonable timelines, etc. I would say that is our greatest deficit right now and one we are working on fixing. I also have spoken to the other devs about not releasing hints of new stuff until it's done, then delaying so we can get proper PR ready. It was a mistake in my opinion to even discuss the announcement set for last weekend before it was ready. Doug knows this now. One of the other issues is that one community member figured out vaguely what it was and started talking about it... so we need to keep things closer to ourselves until it's more mature next time.
pat your real investors are waiting patiently ..no need to defend yourself besides apologizing for the late ann which u guys did over n over.. I'm in business and i understand that sometimes details need to be fixed several times over negotiations to ensure the safety of the project and future ... hope it all works out and if its a big business getting involved id advise the trolls who say they are invested in vericoin to relax for a few days and give them some slack cause if whoever or whatever is signing into vericoin sees these trolls u can scare them off... give them the time and relax instead of writing books , we all got it, they r late ,your point is clear now plz just disappear for a couple day and come back then...

thank you


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August 21, 2014, 06:26:02 PM
 #13788

Actually, you were specifically bashing BTC in your tweets and asking investment for vericoin saying it is better investment than BTC - and that's fine, it's cool if you want to make money, but in this case don't present yourself as an innocent boy, don't be a hypocrite please. You aren't a voluntary coder for the linux kernel for free of charge but the lead developer of a software in the 95% scam driven altcoin market. You are here for the dollar - just to be clear about your motives.

In the meantime you are talking about my investment, but I said many times, I am not overly worry about loosing money with vericoin. Which bothers me and many other investors most are the broken promises, the lack of development, your incapability to deliver anything in the last 8 weeks, the hypes about the conference and Wall Street when the pumps were in progress, and the scam with wizrig. You must understand, most people are not overly worry about the money, but don't like to be mislead and scammed, not even from a PhD student. Look back at your first hangout, how you presented the "team member" wizrig by asking investment when that scammer said "I am here for long" and how you sold his plan about the worldwide media campaign, how you stated everything is legit about wizrig, and then hopefully you will understand why many investors feel that this is just another P&D operation and the wizrig affair was a proper scam. Having said that, nobody would care a lot about your wizrig affair and any past broken promises if you would a) say at least sorry if there is a mistake  b) start developing the software and deliver something  c) wouldn't top up that scam with broken promises again and again.

You have a big problem in my opinion, because more and more investors, once committed supporters are very unhappy about how you develop, more precisely not develop this coin. To be honest I was hoping that provocative comments and the moaning from unhappy investors will trigger other actions from you than arrogant replies, what I was hoping is that you will actually sit down with your colleagues and start to develop the software. I guess you guys just incapable to do that, you are just not good enough to compete with viacoin, cloak not to mention Ethereum. It would be great if you could prove me wrong and start to develop something that matters.

Finally, it is not your business if I stay or go. Your cheerleaders pointed out last week that this is the Wilde West, don't cry and go way (which sentiment actually appears in your reply as well). That is hilarious, because if it is really the Wilde West as your cheerleeder brigade like to say then you should expect some gun fire when there are no delivery, broken promises, pump and scam in the air.

Saying VRC is better than BTC isn't bashing BTC. BTC is great. I've been mining it since 2010. I've worked on free projects in the past. In middle school I was a contributor to the PearPC project (ASM CPU translation code). If I was here for the dollar I would have sold off my VeriCoin long ago.

You, others, and even me have been let down by lack of developments. They aren't because we're doing nothing-- some of them are due to obvious commitment problems (Wiz for example) in which more was said than done), some are due to delivery issues (we were waiting for new UI icons for weeks and finally have them), some are due to technical issues (Our original plan for VeriSend is much more difficult to implement without significant codebase changes, for example), some are due to partnership issues (the next ANN)-- all of which we were likely unprepared and too naive to appreciate when we discussed them publicly. And I am apologizing for the delays. Viacoin couldn't handle development themselves and had to outsource a lot of it-- which cost them a great chunk of their IPO. Ethereum similarly has tens of developers and not a single working coin (and won't be for months), as well as millions of dollars to pay developers. I'm not especially aware of Cloak so I cannot comment on their progress. Either way, nobody but VeriCoin is attempting to make a coin for the masses. And that requires a lot of "bridging" to work-- things like VeriBit and our next announcement. And those things often require more time than we imagined.

A lot of what we are building now isn't just software but part of the platform and ecosystem to make VeriCoin useful everywhere. One thing that is sorely needed (and we're working hard on) is getting a community foundation going that can help us where we need it: marketing, news releases with more reasonable timelines, etc. I would say that is our greatest deficit right now and one we are working on fixing. I also have spoken to the other devs about not releasing hints of new stuff until it's done, then delaying so we can get proper PR ready. It was a mistake in my opinion to even discuss the announcement set for last weekend before it was ready. Doug knows this now. One of the other issues is that one community member figured out vaguely what it was and started talking about it... so we need to keep things closer to ourselves until it's more mature next time.
pat your real investors are waiting patiently ..no need to defend yourself besides apologizing for the late ann which u guys did over n over.. I'm in business and i understand that sometimes details need to be fixed several times over negotiations to ensure the safety of the project and future ... hope it all works out and if its a big business getting involved id advise the trolls who say they are invested in vericoin to relax for a few days and give them some slack cause if whoever or whatever is signing into vericoin sees these trolls u can scare them off... give them the time and relax instead of writing books , we all got it, they r late ,your point is clear now plz just disappear for a couple day and come back then...

thank you

+1000  full ack.

https://litebit.eu/registration/de/3337ouEH2M/
Add a VRC banner to your Website & support VERICOIN
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August 21, 2014, 07:06:32 PM
 #13789

Actually, you were specifically bashing BTC in your tweets and asking investment for vericoin saying it is better investment than BTC - and that's fine, it's cool if you want to make money, but in this case don't present yourself as an innocent boy, don't be a hypocrite please. You aren't a voluntary coder for the linux kernel for free of charge but the lead developer of a software in the 95% scam driven altcoin market. You are here for the dollar - just to be clear about your motives.

In the meantime you are talking about my investment, but I said many times, I am not overly worry about loosing money with vericoin. Which bothers me and many other investors most are the broken promises, the lack of development, your incapability to deliver anything in the last 8 weeks, the hypes about the conference and Wall Street when the pumps were in progress, and the scam with wizrig. You must understand, most people are not overly worry about the money, but don't like to be mislead and scammed, not even from a PhD student. Look back at your first hangout, how you presented the "team member" wizrig by asking investment when that scammer said "I am here for long" and how you sold his plan about the worldwide media campaign, how you stated everything is legit about wizrig, and then hopefully you will understand why many investors feel that this is just another P&D operation and the wizrig affair was a proper scam. Having said that, nobody would care a lot about your wizrig affair and any past broken promises if you would a) say at least sorry if there is a mistake  b) start developing the software and deliver something  c) wouldn't top up that scam with broken promises again and again.

You have a big problem in my opinion, because more and more investors, once committed supporters are very unhappy about how you develop, more precisely not develop this coin. To be honest I was hoping that provocative comments and the moaning from unhappy investors will trigger other actions from you than arrogant replies, what I was hoping is that you will actually sit down with your colleagues and start to develop the software. I guess you guys just incapable to do that, you are just not good enough to compete with viacoin, cloak not to mention Ethereum. It would be great if you could prove me wrong and start to develop something that matters.

Finally, it is not your business if I stay or go. Your cheerleaders pointed out last week that this is the Wilde West, don't cry and go way (which sentiment actually appears in your reply as well). That is hilarious, because if it is really the Wilde West as your cheerleeder brigade like to say then you should expect some gun fire when there are no delivery, broken promises, pump and scam in the air.

Saying VRC is better than BTC isn't bashing BTC. BTC is great. I've been mining it since 2010. I've worked on free projects in the past. In middle school I was a contributor to the PearPC project (ASM CPU translation code). If I was here for the dollar I would have sold off my VeriCoin long ago.

You, others, and even me have been let down by lack of developments. They aren't because we're doing nothing-- some of them are due to obvious commitment problems (Wiz for example) in which more was said than done), some are due to delivery issues (we were waiting for new UI icons for weeks and finally have them), some are due to technical issues (Our original plan for VeriSend is much more difficult to implement without significant codebase changes, for example), some are due to partnership issues (the next ANN)-- all of which we were likely unprepared and too naive to appreciate when we discussed them publicly. And I am apologizing for the delays. Viacoin couldn't handle development themselves and had to outsource a lot of it-- which cost them a great chunk of their IPO. Ethereum similarly has tens of developers and not a single working coin (and won't be for months), as well as millions of dollars to pay developers. I'm not especially aware of Cloak so I cannot comment on their progress. Either way, nobody but VeriCoin is attempting to make a coin for the masses. And that requires a lot of "bridging" to work-- things like VeriBit and our next announcement. And those things often require more time than we imagined.

A lot of what we are building now isn't just software but part of the platform and ecosystem to make VeriCoin useful everywhere. One thing that is sorely needed (and we're working hard on) is getting a community foundation going that can help us where we need it: marketing, news releases with more reasonable timelines, etc. I would say that is our greatest deficit right now and one we are working on fixing. I also have spoken to the other devs about not releasing hints of new stuff until it's done, then delaying so we can get proper PR ready. It was a mistake in my opinion to even discuss the announcement set for last weekend before it was ready. Doug knows this now. One of the other issues is that one community member figured out vaguely what it was and started talking about it... so we need to keep things closer to ourselves until it's more mature next time.
pat your real investors are waiting patiently ..no need to defend yourself besides apologizing for the late ann which u guys did over n over.. I'm in business and i understand that sometimes details need to be fixed several times over negotiations to ensure the safety of the project and future ... hope it all works out and if its a big business getting involved id advise the trolls who say they are invested in vericoin to relax for a few days and give them some slack cause if whoever or whatever is signing into vericoin sees these trolls u can scare them off... give them the time and relax instead of writing books , we all got it, they r late ,your point is clear now plz just disappear for a couple day and come back then...

thank you

+1000  full ack.

+1000 too. I'm sick to see those lines of FUD (not constructive critisism like they're claiming).

Be patient. Period.
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August 21, 2014, 07:09:11 PM
 #13790

Actually, you were specifically bashing BTC in your tweets and asking investment for vericoin saying it is better investment than BTC - and that's fine, it's cool if you want to make money, but in this case don't present yourself as an innocent boy, don't be a hypocrite please. You aren't a voluntary coder for the linux kernel for free of charge but the lead developer of a software in the 95% scam driven altcoin market. You are here for the dollar - just to be clear about your motives.

In the meantime you are talking about my investment, but I said many times, I am not overly worry about loosing money with vericoin. Which bothers me and many other investors most are the broken promises, the lack of development, your incapability to deliver anything in the last 8 weeks, the hypes about the conference and Wall Street when the pumps were in progress, and the scam with wizrig. You must understand, most people are not overly worry about the money, but don't like to be mislead and scammed, not even from a PhD student. Look back at your first hangout, how you presented the "team member" wizrig by asking investment when that scammer said "I am here for long" and how you sold his plan about the worldwide media campaign, how you stated everything is legit about wizrig, and then hopefully you will understand why many investors feel that this is just another P&D operation and the wizrig affair was a proper scam. Having said that, nobody would care a lot about your wizrig affair and any past broken promises if you would a) say at least sorry if there is a mistake  b) start developing the software and deliver something  c) wouldn't top up that scam with broken promises again and again.

You have a big problem in my opinion, because more and more investors, once committed supporters are very unhappy about how you develop, more precisely not develop this coin. To be honest I was hoping that provocative comments and the moaning from unhappy investors will trigger other actions from you than arrogant replies, what I was hoping is that you will actually sit down with your colleagues and start to develop the software. I guess you guys just incapable to do that, you are just not good enough to compete with viacoin, cloak not to mention Ethereum. It would be great if you could prove me wrong and start to develop something that matters.

Finally, it is not your business if I stay or go. Your cheerleaders pointed out last week that this is the Wilde West, don't cry and go way (which sentiment actually appears in your reply as well). That is hilarious, because if it is really the Wilde West as your cheerleeder brigade like to say then you should expect some gun fire when there are no delivery, broken promises, pump and scam in the air.

Saying VRC is better than BTC isn't bashing BTC. BTC is great. I've been mining it since 2010. I've worked on free projects in the past. In middle school I was a contributor to the PearPC project (ASM CPU translation code). If I was here for the dollar I would have sold off my VeriCoin long ago.

You, others, and even me have been let down by lack of developments. They aren't because we're doing nothing-- some of them are due to obvious commitment problems (Wiz for example) in which more was said than done), some are due to delivery issues (we were waiting for new UI icons for weeks and finally have them), some are due to technical issues (Our original plan for VeriSend is much more difficult to implement without significant codebase changes, for example), some are due to partnership issues (the next ANN)-- all of which we were likely unprepared and too naive to appreciate when we discussed them publicly. And I am apologizing for the delays. Viacoin couldn't handle development themselves and had to outsource a lot of it-- which cost them a great chunk of their IPO. Ethereum similarly has tens of developers and not a single working coin (and won't be for months), as well as millions of dollars to pay developers. I'm not especially aware of Cloak so I cannot comment on their progress. Either way, nobody but VeriCoin is attempting to make a coin for the masses. And that requires a lot of "bridging" to work-- things like VeriBit and our next announcement. And those things often require more time than we imagined.

A lot of what we are building now isn't just software but part of the platform and ecosystem to make VeriCoin useful everywhere. One thing that is sorely needed (and we're working hard on) is getting a community foundation going that can help us where we need it: marketing, news releases with more reasonable timelines, etc. I would say that is our greatest deficit right now and one we are working on fixing. I also have spoken to the other devs about not releasing hints of new stuff until it's done, then delaying so we can get proper PR ready. It was a mistake in my opinion to even discuss the announcement set for last weekend before it was ready. Doug knows this now. One of the other issues is that one community member figured out vaguely what it was and started talking about it... so we need to keep things closer to ourselves until it's more mature next time.

I could never imagine that once the lead vericoin developer, one of the PhD students will say that the three vericoin devs are incapable to compete with viacoin's Peter Todd and btcdark. I mean, your CV and team profile indicate more than this. Even I thought you would be able to compete with Ethereum's Buterin and Gavin Wood. Your statement about Ethereum's millions is not quite correct - your brigade will believe what you say as everything you do and don't do trigger a standing ovation from the cheerleaders, but as I happened to work in the industry I understand the core piece of Ethereum has been developing for long, many code were written before the IPO by one developer Gavin Wood (three of you would have to compete with him). Right now they have millions, but it was a massive code base, the core software "proof of concept 5" were delivered by a very few guys, technically 2-3 persons (even the team has 40 people) before the big money arrived.

It's quite clear, many investors assumed the vericoin devs will be able to write a successful altcoin software, that means compete with other software developers in altcoin. Yes only three of you, without adding any new developers to the team. It was the first time in crypto that PhD and MS developer credentials were associated with a coin, and I am sure every one here assumed, with that credential you are well equipped to compete with Peter Todd, Buterin and other altcoin developers. Again, it's related with promises or implying a promising operation. You let us know about your CV and software development background and when you claim experience in your CV you imply that you are capable to do the work. It seems from your answer that you are not (because it seems three of you are not enough, no time, no skills or whatever reasons). It seems we have to accept that vericoin will never compete with viacoin, cloak, ethereum, etc.
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August 21, 2014, 07:24:26 PM
 #13791

I could never imagine that once the lead vericoin developer, one of the PhD students will say that the three vericoin devs are incapable to compete with viacoin's Peter Todd and btcdark. I mean, your CV and team profile indicate more than this. Even I thought you would be able to compete with Ethereum's Buterin and Gavin Wood. Your statement about Ethereum's millions is not quite correct - your brigade will believe what you say as everything you do and don't do trigger a standing ovation from the cheerleaders, but as I happened to work in the industry I understand the core piece of Ethereum has been developing for long, many code were written before the IPO by one developer Gavin Wood (three of you would have to compete with him). Right now they have millions, but it was a massive code base, the core software "proof of concept 5" were delivered by a very few guys, technically 2-3 persons (even the team has 40 people) before the big money arrived.

It's quite clear, many investors assumed the vericoin devs will be able to write a successful altcoin software, that means compete with other software developers in altcoin. Yes only three of you, without adding any new developers to the team. It was the first time in crypto that PhD and MS developer credentials were associated with a coin, and I am sure every one here assumed, with that credential you are well equipped to compete with Peter Todd, Buterin and other altcoin developers. Again, it's related with promises or implying a promising operation. You let us know about your CV and software development background and when you claim experience in your CV you imply that you are capable to do the work. It seems from your answer that you are not (because it seems three of you are not enough, no time, no skills or whatever reasons). It seems we have to accept that vericoin will never compete with viacoin, cloak, ethereum, etc.


To be frank, they aren't the same kind of coin by any stretch of the imagination. VIA/Ether/etc. started after the BTC developers requested 2.0 activities not be used on the chain as it was bloating it. VeriCoin is becoming a currency that is easy to use for everyone with utility. We are working on different types of things than VIA/ETHER/etc.

We put our info out there so people would know that we are real people with an academic training. Not because we were trying to say "we're better than them" or the like. We're going to keep focusing on what we think is important: Utility, ease-of-use, and mass adoption. That's what we have built and that's what we are continuing to work on. Our blockchain 2.0 scheme for implementing a username system in the blockchain (outside of a name server) is something David is focused on in addition to stealth addresses (it's all integrated), Doug is working on the new announcement tech as well as a new wallet UI. And as Doug mentioned in VRC Radio, I'm helping to coordinate as well as get the marketing/community members that have joined the VeriLeaders project together and focused on how to more properly address the community/world than we have been doing. It's all a complicated game we're playing. It's not as easy as any of us thought it would be. There are plenty of hiccups. We're learning a lot from this and it's going to make VeriCoin a better coin and it's going to make us better developers and better community members.

Support the VeriFund Endowment.
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August 21, 2014, 07:44:47 PM
 #13792

I could never imagine that once the lead vericoin developer, one of the PhD students will say that the three vericoin devs are incapable to compete with viacoin's Peter Todd and btcdark. I mean, your CV and team profile indicate more than this. Even I thought you would be able to compete with Ethereum's Buterin and Gavin Wood. Your statement about Ethereum's millions is not quite correct - your brigade will believe what you say as everything you do and don't do trigger a standing ovation from the cheerleaders, but as I happened to work in the industry I understand the core piece of Ethereum has been developing for long, many code were written before the IPO by one developer Gavin Wood (three of you would have to compete with him). Right now they have millions, but it was a massive code base, the core software "proof of concept 5" were delivered by a very few guys, technically 2-3 persons (even the team has 40 people) before the big money arrived.

It's quite clear, many investors assumed the vericoin devs will be able to write a successful altcoin software, that means compete with other software developers in altcoin. Yes only three of you, without adding any new developers to the team. It was the first time in crypto that PhD and MS developer credentials were associated with a coin, and I am sure every one here assumed, with that credential you are well equipped to compete with Peter Todd, Buterin and other altcoin developers. Again, it's related with promises or implying a promising operation. You let us know about your CV and software development background and when you claim experience in your CV you imply that you are capable to do the work. It seems from your answer that you are not (because it seems three of you are not enough, no time, no skills or whatever reasons). It seems we have to accept that vericoin will never compete with viacoin, cloak, ethereum, etc.


To be frank, they aren't the same kind of coin by any stretch of the imagination. VIA/Ether/etc. started after the BTC developers requested 2.0 activities not be used on the chain as it was bloating it. VeriCoin is becoming a currency that is easy to use for everyone with utility. We are working on different types of things than VIA/ETHER/etc.

We put our info out there so people would know that we are real people with an academic training. Not because we were trying to say "we're better than them" or the like. We're going to keep focusing on what we think is important: Utility, ease-of-use, and mass adoption. That's what we have built and that's what we are continuing to work on. Our blockchain 2.0 scheme for implementing a username system in the blockchain (outside of a name server) is something David is focused on in addition to stealth addresses (it's all integrated), Doug is working on the new announcement tech as well as a new wallet UI. And as Doug mentioned in VRC Radio, I'm helping to coordinate as well as get the marketing/community members that have joined the VeriLeaders project together and focused on how to more properly address the community/world than we have been doing. It's all a complicated game we're playing. It's not as easy as any of us thought it would be. There are plenty of hiccups. We're learning a lot from this and it's going to make VeriCoin a better coin and it's going to make us better developers and better community members.

Thanks for the update and clarification Pat, the patient and true investors here in this forum appreciate the hard work from Doug, Dave and yourself.

There's 4-5 people posting in this forum who seem to like rehashing the same thoughts over and over, post after post, page after page. The announcement is late...GET OVER IT! The developers aren't perfect, accept that!

Pat, Doug and Dave...have you guys thought of maybe hosting a development blog, updated once a week? Just a quick update from you guys, what you guys are currently working on, what your excited about? But no release dates lol!

Just a thought...or maybe you can do a quick Q&A with a community member of your choice once a week?
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August 21, 2014, 07:50:26 PM
 #13793

there is absolutely no demand for vrc, looking a little pitiful. am worried but i knew the risks, we all know that if any of us of dropped a few btc in the market, it would move the price up, most likely for a nano second, but i dare not test it.. hmm
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August 21, 2014, 07:53:38 PM
 #13794

market depth is dire, mmm just cant work out whats happening
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August 21, 2014, 08:05:29 PM
 #13795

i started as a believer in vrc, i traded it as i do with all coins. now after the mintpal event, i stayed on the sidelines to observe market reaction.
from my little knowledge of coin history, the roll back struck me as a major set of events that put to question the ideology of crytpo and how it will evolve. after a few days of mulling over the implications i was spurred to pick up near the bottom, which i pray will hold.. its great to see that the devs are active on this forum.. and as long as they i are i will continue to support vrc.
to be honest vrc feels like a gamble.. but thats the fun   
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August 21, 2014, 08:14:06 PM
 #13796

market depth is dire, mmm just cant work out whats happening

Well interestingly I don't see much buying so the veripool must be waiting to buy with funds?   Which is a little strange because I would think the pool operators would buy if they knew something huge ( super secret ) was coming.


Then again I don't understand how the veripool works or have never used it so what I said above is just a  complete guess.  I could be 100% wrong.


Sure someone will say hey it is based on a trading algorithm or something... but who knows...


- Edit but then again 1% of the veripool is for the verifund ( from my understanding ) so that might now be a lot of firepower at all.

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August 21, 2014, 08:16:00 PM
 #13797

We're going to keep focusing on what we think is important: Utility, ease-of-use, and mass adoption. That's what we have built and that's what we are continuing to work on.

Thanks for confirming, that was my point: there are many disappointed investors and community members, because they assumed your academic training come with less stubbornness, more flexibility and adaptability, and you are willing to react when your theme is not accepted by the market. Your theme is not good. It failed. The market don't like your theme and direction, that's why your coin is 9.5k as we speak and your volume is 7 BTC in Bittrex. The market has spoken, but you are not listening. I guess that's the arrogance of youth that Barrabas has pointed out. This community including me had been asking for weeks please consider blockchain 2 development, you just simply ignore it. I fully understand the implication of the undertaking such a massive development task - on the other hand as we can see 1-2 developers of other coins can role out blockchain 2 features. Many investors/community members hoped you are capable to pull out such development, it seems you are not, and therefore there are disappointed investors/community members - more importantly, there are no new investors.

To be frank, they aren't the same kind of coin by any stretch of the imagination. VIA/Ether/etc. started after the BTC developers requested 2.0 activities not be used on the chain as it was bloating it. VeriCoin is becoming a currency that is easy to use for everyone with utility. We are working on different types of things than VIA/ETHER/etc.

Technically speaking this is not true. I had a chat about it with some BTC developers on the other day. I heard again what they always say, actually they would be happy to see sensible blockchain 2 features e.g smart contracts on the BTC blockchain. All they did, as you know reduced the OP_RETURN output to 40 bytes to make the whole thing a bit sensible and avoid to implement dropbox type of apps on the blockchain. As I can see you do have OP_RETURN output on your source so nothing stopping you to implement blockchain 2 features. You are just not interested in that, you are working on same lame user name feature (which has nothing to dowith blockchain 2) and you are working on your mass worldwide adoption theme.

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August 21, 2014, 08:18:13 PM
 #13798

So i remember a few months back almost buying vrc at 2k sats, never did.


Is now the time to buy or....?

I haven't followed vrc at all really
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August 21, 2014, 08:25:34 PM
 #13799

if you leave out the MP hack followed by the rollback, VRC is still one of the best coins out there.

I mean our community is really big and on top active. There many people constantly submitting new ideas. Beside DRK I don't know any coin community which is so active. Even Litecoin is quiet compared to VRC.

We will see. The potential is still big, but it will take a lot of patience to get big.

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August 21, 2014, 08:26:37 PM
 #13800

market depth is dire, mmm just cant work out whats happening

Well interestingly I don't see much buying so the veripool must be waiting to buy with funds?   Which is a little strange because I would think the pool operators would buy if they knew something huge ( super secret ) was coming.


Then again I don't understand how the veripool works or have never used it so what I said above is just a  complete guess.  I could be 100% wrong.


Sure someone will say hey it is based on a trading algorithm or something... but who knows...


- Edit but then again 1% of the veripool is for the verifund ( from my understanding ) so that might now be a lot of firepower at all.

The hashrate on the VeriPool is enough for a few fractions of BTC buys per day unfortunately. It's just not much so it can't do much to the price right now.
We're going to keep focusing on what we think is important: Utility, ease-of-use, and mass adoption. That's what we have built and that's what we are continuing to work on.

Thanks for confirming, that was my point: there are many disappointed investors and community members, because they assumed your academic training come with less stubbornness, more flexibility and adaptability, and you are willing to react when your theme is not accepted by the market. Your theme is not good. It failed. The market don't like your theme and direction, that's why your coin is 9.5k as we speak and your volume is 7 BTC in Bittrex. The market has spoken, but you are not listening. I guess that's the arrogance of youth that Barrabas has pointed out. This community including me had been asking for weeks please consider blockchain 2 development, you just simply ignore it. I fully understand the implication of the undertaking such a massive development task - on the other hand as we can see 1-2 developers of other coins can role out blockchain 2 features. Many investors/community members hoped you are capable to pull out such development, it seems you are not, and therefore there are disappointed investors/community members - more importantly, there are no new investors.

To be frank, they aren't the same kind of coin by any stretch of the imagination. VIA/Ether/etc. started after the BTC developers requested 2.0 activities not be used on the chain as it was bloating it. VeriCoin is becoming a currency that is easy to use for everyone with utility. We are working on different types of things than VIA/ETHER/etc.

Technically speaking this is not true. I had a chat about it with some BTC developers on the other day. I heard again what they always say, actually they would be happy to see sensible blockchain 2 features e.g smart contracts on the BTC blockchain. All they did, as you know reduced the OP_RETURN output to 40 bytes to make the whole thing a bit sensible and avoid to implement dropbox type of apps on the blockchain. As I can see you do have OP_RETURN output on your source so nothing stopping you to implement blockchain 2 features. You are just not interested in that, you are working on same lame user name feature (which has nothing to dowith blockchain 2) and you are working on your mass worldwide adoption theme.

David is working on some 2.0 features, but we think having the world using VeriCoin will be much more valuable than a few people using smart contracts now. We're also still working with a decentralized exchange/smart contracts system.

40 bytes is not very large... we could tweak it with a mandatory update, but blockchain bloat is a serious issue. By the way, blockchain 2.0 does include usernames.

Sorry you don't like the whole mass adoption theme. That was something we stated as a theme (and we aren't going to quit our goals there) from the get-go. And that's also why our first features were VeriSMS and VeriBit. Because they make things easier for others.

We don't want VeriCoin to be an "altcoin" but rather VeriCoin-- a coin people don't relate to altcoins because it's bigger than that.

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