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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1342281 times)
ereborltc
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August 21, 2014, 06:22:35 PM
 #13801

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
 #13802

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.

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Add a VRC banner to your Website & support VERICOIN
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August 21, 2014, 07:06:32 PM
 #13803

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.
altcoinUK
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August 21, 2014, 07:09:11 PM
 #13804

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
 #13805

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.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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August 21, 2014, 07:44:47 PM
 #13806

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
 #13807

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
 #13808

market depth is dire, mmm just cant work out whats happening
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August 21, 2014, 08:05:29 PM
 #13809

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   
chunkyjunkie
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August 21, 2014, 08:14:06 PM
 #13810

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
 #13811

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
 #13812

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
 #13813

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
 #13814

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.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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August 21, 2014, 08:34:15 PM
 #13815

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.




I'm getting so bored with all the shit you write. You've been on here for 10 hours staight, talking crap. Are you really that dull that you don't have a life?  Grow the fuck up.
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August 21, 2014, 08:42:57 PM
 #13816

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.




I'm getting so bored with all the shit you write. You've been on here for 10 hours staight, talking crap. Are you really that dull that you don't have a life?  Grow the fuck up.

Fuck off you brainless cheerleader and find some better other activity than monitoring my posts. Get loss.
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August 21, 2014, 08:47:05 PM
 #13817

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.




I'm getting so bored with all the shit you write. You've been on here for 10 hours staight, talking crap. Are you really that dull that you don't have a life?  Grow the fuck up.

Fuck off you brainless cheerleader and find some better other activity than monitoring my posts. Get loss.

I'm not monitoring your posts and I don't hold any VRC - I'm keeping update on news across crypto. But you seem to have writen close to 15,000 words on total tripe in this thread over the last day, like you just woke up and sat at your screen hitting refresh.Take a break, enjoy your friends, go grab a beer. This reall isn't that important.
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August 21, 2014, 08:50:20 PM
 #13818

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.

I'm down 75% - not wise enough to put stop loss.. but IMHO, this lower price makes it easier to convince new investors to buy in..and I have not lost faith price will rebound.. been in bitcoin for 2 years and have tried to convince friends and families and acquaintances but they still find it hard to use, and they still don't have the patience to learn it. I agree with the devs' goal to have this mass adopted and used first..and it is important not to lose sight of that.

Instead of bitching here which some do, i respectfully would suggest that you sell your vericoins and trade other cartel pump and dump coins.. you might achieve more happiness

EDIT: i put in 32 btc all in all and its down to 75% now and will continue supporting this community
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August 21, 2014, 08:53:18 PM
 #13819

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.

No you are not, that's a fallacy. Especially the "mass adoption" portion... as we all have seen in just a few days by not ENTHUSIASTICALLY SUPPORT the ONLY plan you guys will ever have handed to you to really provoke massive AWARENESS and subsequent "mass adoption" through World Vericoin Day... Oh, sorry, of course you know better. Of course you have better plans. Of course you are "working" in better things... BULL CRAP. Again.
Fact is you got nothing. Fact is that Verisend, as you put it and as I posted here many times, is a waste of time and resources. Fact is that Dave is "working" on copy/pasting Boxxa. Fact is that he cannot even get the multipool working straight -and plese don't let me enter the multipool subject which is yet another can of worms on a different level-. Fact is that you don't have an strategy, a roadmap to get anywhere near mass adoption and that Doug doesn't know how to get the freaking wallets working decently... Peculiarly -and there's irony in that- the Windows one is the one still not working properly in spite of having a Microsoft employee on board as developer. Ironic indeed.

"There are plenty of hiccups...", what did you expect? And hiccups in what? You put the hiccups in the context of the strategies... when there's no strategy whatsoever. Oh yes, "mass adoption", the holy grail of crypto, is going to happen by... what exactly? What is your plan? Are you going to give Doug's paper to Joe Sixpack in Middle America, Kenya or Sebastopol and you expect they will "adopt"? Or you plan in catching that "mass adoption" with more presence in Bitcoin conferences (mind you, VeriCoin MUST be present in those, but not as part of any "mass adoption" strategy) and Pizza-parties at Bitcoin Centre?

It is very good indeed that you admit the shortcomings. It will be much, much better if you just cut the arrogance altogether, like 200 notches or more and fully admit that you have no idea whatsoever as to how to progress towards mass adoption. And start cleaning house before inviting anyone over: By making a DECENT website (this is not an enterprise, it will take a few minutes) where REGULAR people can get clear and simple information of what Vericoin is and aspires to be, so when they hit "merchants", for instance, don't find a blank page. Or read through Doug's paper and commit suicide by boredom after the first five paragraphs. Or go though the explanations of the "features" without understanding a single word of what those can do for them. That would be a very good first -second, after dropping the arrogance completely- step that should be followed by many more, like asking not of the idiotic band of cheerleaders but from those with the knowledge, experience and general wherewithal for HELP in devising -first- and implementing, second, the strategy to reach "mass adoption".

Losers in any part of the world, either self-described or obvious, cannot be of much help, can they? If someone is unemployed, usually there's a good reason behind that, isn't there? Start by yourselves, the devs, what the heck do you guys bring to the table, in terms of strategies and marketing... and yes, I take it that you have by now come down and left the high horse far away before you make that evaluation. There's capable -or was-, talented people in the community that has offered all kind of help. Some still do. People with skills, knowledge, experience... not just pipe dreams and good will. They will work with you, but you have to ask nicely. And support them enthusiastically. Understand?
KryptoKings
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August 21, 2014, 08:59:18 PM
 #13820

Why are people so upset about the an announcement? I am just as "wanting to know" as everyone else but not going to blow my top about it. Jeez... I feel like its ESPN waiting on LeBron to make up his mind. Announcements/release dates are late all the time in the world. How many of you have bought software or a game that was pushed out due to a "date" just to find out you got crap... maybe in a few weeks you get the update that might get it right.

@ devs - take your time but get it right.

Everyone that owns or believes in Vericoin KNOWS more hurt can be done by rushing something than getting it right with patients!!! RIGHT?Huh? Agreed?

Give the devs a break. They are very involved in the community and are not going to stop pay bills or not feed there family to make the Vericoin community happy. Everyone take a breather and chill. I am in it for the long term and will wait. Pages and pages of crap helps no one. If you are mad about the price then guess what? All crypto is a risk even the great Bitcoin. You put your big boy pants on when you decided to buy/mine/invest then keep those big boy pants on for awhile. I was fortunate enough to take a risk and buy btc when it was considered cheap but I am not going to be made cause I didn't sell it at $1,000. I am satisfied with what I have. If some of you guys are going to cry and complain every minute the you are either a FUDDER or you shouldn't be investing into something like crypto.

Now please either support the devs, sell to get the hellz out or just simply shut your pie wholes.


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