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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1348521 times)
altcoinUK
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August 27, 2014, 10:39:14 AM
 #14441

This deal may be great, it may be bad. But please, do think about the implications of giving someone ability to modify codes, and the malicious things they could do.

While the integrity the of the code and letting malicious content into the source is always a concern, and you are quite rightly worried about it, there are generic software engineering methods/practices such as code review and testing at different levels just to mention a few unit test, integration test and system test to ensure the application meets the requirements and it does what it is intended to do. As long as generic software engineering practices in place the malicious code should never be part of the release. There are experienced developers in this project (at least their CV implies that), they should be able to ensure the integrity of the code.
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August 27, 2014, 10:43:01 AM
 #14442

This deal may be great, it may be bad. But please, do think about the implications of giving someone ability to modify codes, and the malicious things they could do.

While the integrity the of the code and letting malicious content into the source is always a concern, and you are quite rightly worried about it, there are generic software engineering methods/practices such as code review and testing at different levels just to mention a few unit test, integration test and system test to ensure the application meets the requirements and it does what it is intended to do. As long as generic software engineering practices in place the malicious code should never be part of the release. There are experienced developers in this project (at least their CV implies that), they should be able to ensure the integrity of the code.

Ah, thank you for that clarity. Appreciate you mentioning that. Having only heard of this happening to other coins, I wasn't aware that such a solution was available.

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August 27, 2014, 10:52:37 AM
 #14443

This deal may be great, it may be bad. But please, do think about the implications of giving someone ability to modify codes, and the malicious things they could do.

While the integrity the of the code and letting malicious content into the source is always a concern, and you are quite rightly worried about it, there are generic software engineering methods/practices such as code review and testing at different levels just to mention a few unit test, integration test and system test to ensure the application meets the requirements and it does what it is intended to do. As long as generic software engineering practices in place the malicious code should never be part of the release. There are experienced developers in this project (at least their CV implies that), they should be able to ensure the integrity of the code.

Ah, thank you for that clarity. Appreciate you mentioning that. Having only heard of this happening to other coins, I wasn't aware that such a solution was available.

It's is very good you mentioned that threat and very understandable you are concerned about it, as you said there are malicious content released in software all the time. For a publicly released software project one of the biggest threats is a malicious code/content. As long as the adequate quality assurance (QA) procedures are preformed the threat could be eliminated.

Anyway, good work, thanks for putting the time into the process, I hope you will succeed with the new direction :-))
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August 27, 2014, 11:00:36 AM
 #14444

It's an idea. A way to rethink madness, and make clarity from it. I think that you would be happy with it to. It plays a lot into your input in the past weeks as well. It actually is a lot of what you and barb have said, with a strategy here, a plan there. It is a lot, lot of work. But, I think that pieces are in place to start putting more people in place. I see so much skill, and talent in this thread. Once we harness all this in the right direction it will lead to positive things.

What the idea is in a generic sense. Lets use a puzzle for this analogy.

Virtual Currency is the puzzle.

Bitcoin is the picture that you recreate.

Altcoins are all the puzzle pieces trying to make connections, and hook up with other parts to create the big picture.

Vericoin will be the one putting the puzzle pieces together.



With its unique position of integrity, and familiarity. VeriCoin and its community can prosper from trying to be the first alt coin to stop being a puzzle piece, and start putting all the pieces together. With integrity and honesty. Barb and Alt have brought up great points from technical, to psychological. I have drawn out the weakness in each of those scenarios, and built them into points of strength. If we rethink, and believe in a vision, and purpose, this coin can achieve more than just a price increase, you will achieve mass adoption by being the coin that everyone will think about when they look to quality, reputation, and leadership. 3 areas that are of upmost importance in setting into action this new potential plan.

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████ - freecrypto.top - btcinfo.top - DIGITAL CURRENCY DIRECTORIES - freeMonero.comfunbtc.xyz  ████
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August 27, 2014, 11:37:23 AM
 #14445

We are talking to a possible 4th developer. Please keep this thread civilized.

On another note, if anybody wants to get out of VRC and wishes to sell a bulk amount of VRC without dropping the price (and thus getting less BTC for it), please PM me.

They can PM me too..

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iodigital.io & iocoin.io

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August 27, 2014, 11:48:09 AM
 #14446

Just a scenario to ponder. The deal sounds really good, like, why not start it yesterday? Its free money right?

I emplore everyone to think of the attempts to bring down this coin in the past. This deal may be great, it may be bad. But please, do think about the implications of giving someone ability to modify codes, and the malicious things they could do.

I have no evidence, or even beliefs its the case here. But with the attacks on MP, DDOS attacks, and the overall hate that VRC seems to get from a vocal few. Remember the hack attempt? They extorted no btc from vericoin, you can imagine that they are not very happy. I believe forces could be at work that are still trying to bring this coin down, for whatever reasons where set out months ago when these attacks began.

If we where a coin, with no enemies, and nothing to lose I would say, start this plan juggernuts yesterday.

Realize VRC has enemies, and giving them access to make potentially malicious code that may seem legit, until its to late.

Why else would we have a RISK free offer to make easy money? I urge you all to think about it. I PM'd Doug some interesting points touching on a few subjects that, if successful will get us to be relevant. Its a unique approach that would benefit all of crypto, especially Vericoin. It won't be easy, people will have to do work, but the vision is there.

What I PM'd Doug about over the past few days. This debate is going the wrong direction, IMO once again. From what I believe the "culture" of VeriCoin should be. The goals I set out could become a reality with proper support and coordination. We need to think about investment differently in virtual currency to overtake bitcoin. We need to open up a new culture, a new market, a new way to invest in virtual currencies. The market opening up in 6-18 months is our chance to separate. This doesn't require immediate action, and failure! It requires thoughtful, quality work, and coordination.

An ETF is a basket of assets. Tell me what coins are positioned to be clean, scrubbed down and ready to be invested in by people who demand accountability? VeriCoin has all the accountability, integrity and connections that a coin would need to be considered for this ETF. We will see if this has legs, and I don't really want to give mention to what I spoke to with Doug, because It was a PM, and I feel that, if he is taking me serious, this could be a step forward to something larger than a "coin" and we could become THE virtual currency. It's not worth the loss of value, and there will only be room for so many coins taking this approach. Without going into detail, this potential shift in strategy would provide a clear vision for the future, with many actionable steps that will be taken along the way. Each of these designed to bring our currency longterm value.

Virtual currencies may look to stop competing with vericoin, and as part of the culture we could build on, many may actually want to work closer with us. A lot of big companies are looking at crypto currencies. Why not be that coin to WELCOME them all into our ecosystem, and culture. I have shown the light in which both coins could benefit from such an "outside the box" approach.

We will see what happens. If you expect the price to jump today, tomorrow, or even after you all know whats going on, don't count on it. I propose a lot of work for everyone in the community. I had Doug mention to me that my words may have inspired him in some way. I hope you all realize that this coin can be much more than the flavor of the month if you guys give them proper support and guidance. These guys want to do the right thing, desperately. Lets get on track and you will see a return to what made vericoin special.

The current state of crypto currency is war. Competing for the same dollars that are invested. I proposed a way to be not only peaceful, but to unite crypto currencies. To be a leader in regulation, to be honest, have integrity.. We need to use our strengths better, and shore up our weakness. The plan I proposed looks at the past months sample of work. I provided reasoning, and strategy that can turn vericoin into a powerhouse with not 1 technological advancement, even though these would be welcome to.

Good post!  Would you mind elaborating on what you mean by "clean and scrubbed down"? What other top coins would not fall in that category? Thanks.

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August 27, 2014, 11:56:29 AM
 #14447

Just a scenario to ponder. The deal sounds really good, like, why not start it yesterday? Its free money right?

I emplore everyone to think of the attempts to bring down this coin in the past. This deal may be great, it may be bad. But please, do think about the implications of giving someone ability to modify codes, and the malicious things they could do.

I have no evidence, or even beliefs its the case here. But with the attacks on MP, DDOS attacks, and the overall hate that VRC seems to get from a vocal few. Remember the hack attempt? They extorted no btc from vericoin, you can imagine that they are not very happy. I believe forces could be at work that are still trying to bring this coin down, for whatever reasons where set out months ago when these attacks began.

If we where a coin, with no enemies, and nothing to lose I would say, start this plan juggernuts yesterday.

Realize VRC has enemies, and giving them access to make potentially malicious code that may seem legit, until its to late.

Why else would we have a RISK free offer to make easy money? I urge you all to think about it. I PM'd Doug some interesting points touching on a few subjects that, if successful will get us to be relevant. Its a unique approach that would benefit all of crypto, especially Vericoin. It won't be easy, people will have to do work, but the vision is there.

What I PM'd Doug about over the past few days. This debate is going the wrong direction, IMO once again. From what I believe the "culture" of VeriCoin should be. The goals I set out could become a reality with proper support and coordination. We need to think about investment differently in virtual currency to overtake bitcoin. We need to open up a new culture, a new market, a new way to invest in virtual currencies. The market opening up in 6-18 months is our chance to separate. This doesn't require immediate action, and failure! It requires thoughtful, quality work, and coordination.

An ETF is a basket of assets. Tell me what coins are positioned to be clean, scrubbed down and ready to be invested in by people who demand accountability? VeriCoin has all the accountability, integrity and connections that a coin would need to be considered for this ETF. We will see if this has legs, and I don't really want to give mention to what I spoke to with Doug, because It was a PM, and I feel that, if he is taking me serious, this could be a step forward to something larger than a "coin" and we could become THE virtual currency. It's not worth the loss of value, and there will only be room for so many coins taking this approach. Without going into detail, this potential shift in strategy would provide a clear vision for the future, with many actionable steps that will be taken along the way. Each of these designed to bring our currency longterm value.

Virtual currencies may look to stop competing with vericoin, and as part of the culture we could build on, many may actually want to work closer with us. A lot of big companies are looking at crypto currencies. Why not be that coin to WELCOME them all into our ecosystem, and culture. I have shown the light in which both coins could benefit from such an "outside the box" approach.

We will see what happens. If you expect the price to jump today, tomorrow, or even after you all know whats going on, don't count on it. I propose a lot of work for everyone in the community. I had Doug mention to me that my words may have inspired him in some way. I hope you all realize that this coin can be much more than the flavor of the month if you guys give them proper support and guidance. These guys want to do the right thing, desperately. Lets get on track and you will see a return to what made vericoin special.

The current state of crypto currency is war. Competing for the same dollars that are invested. I proposed a way to be not only peaceful, but to unite crypto currencies. To be a leader in regulation, to be honest, have integrity.. We need to use our strengths better, and shore up our weakness. The plan I proposed looks at the past months sample of work. I provided reasoning, and strategy that can turn vericoin into a powerhouse with not 1 technological advancement, even though these would be welcome to.

Good post!  Would you mind elaborating on what you mean by "clean and scrubbed down"? What other top coins would not fall in that category? Thanks.

Coins with hidden developers, anonymous coins. Anything that would detur an exchange traded fund from owning it. The "COIN" ETF is going to bring in money from inside / outside of crypto. If you look at likely reality, the bubble is still forming in financial markets, if it doesn't and the bubble "pops" Virtual Currencies can win from that to.

I think our goal of bringing in money from outside crypto is the right goal. And, with patience, and willingness to work, our timing might be incredible if we come out with a ready product for the ETF market. When financial markets are bubbling hotter, and people are looking more aggresive than ever at speculative investments. I think you could see some real action next year in virtual currencies. You will have that ETF launch, coinciding with a Bitcoin halving again in about 2 years from now give or take.

Credibility, integrity, honesty. These are all things that people will want to see in a coin they are buying for an ETF. These things are built up over time. The last thing they want is PR that the coins they invest in are scams.

We can pave what the future Virtual Currency landscape stands for, while progressing blockchain technologies in more cooperative settings. Infact I think we can grow exponentially if we are one of the first coins to take on this task, with a credible team.

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August 27, 2014, 01:28:14 PM
 #14448

I just hold veri-coins from 40k sat. Cool

https://chainz.cryptoid.info/vrc/address.dws?VLogZKfpJ9n5PwtJe8HoLWmGD5XYBK1Nwp.htm


I have every confidence in VRC and BLK!

R e m e m b e r ,  b e   b i t c o i n e r .
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August 27, 2014, 02:12:05 PM
 #14449

No decision will be made before we do our proper due diligence.

Can we have an eta on when such a decision is going to be made and, if you decide to go with 'juggernaught dev', how long it would take before you announced who he was and what he was intending on bringing to the project?


Localbitcoins user accounts are being bought, be extremely cautious, even with previously good traders!
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August 27, 2014, 02:20:43 PM
 #14450

Hey sry guys I have not been able to follow the thread due to being busy and not wanting to dig through the random stupidity to get at the actual conversation, what address is the donation for the new dev (that's what we are talking about right? Lol) Anyway someone PM me plz and I'll shoot over some VRC
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August 27, 2014, 02:25:14 PM
 #14451

Hahhaa popped in here after selling along time ago... so many problems still in here LULZ....
pookielax31 :"Sent a nice long email  Grin This would be a nice added feature to dark.. being able to spend where Btc is accepted....." you posted this on the dark coin thread lol looks like you been there awhile..hows that going for you? so you come here to make jokes...but yet are trying to get the dark team to copy vericoin?! LULZ...

Copy Vericoin? AHAHAH plenty of other Coins can be conveted to bitcoin when purchasing BTC items its not a VRC thing....www.Coingateway.net ... And why dont u read when i started posting in DARK check the date... It was when it crashed to .00220 During the alt depression.. So yea Its going great in there considering i sold it at .00740 and re-bought below 6 Its called trading not emotionally holding a Shit coin like VRC...HAHAH what a joke... Why dont u check my full post history and see i was in cloaks BTCtalk when it was .0004 and sold above .002 and vanished from there to dark...So yes... I LULZ hard at u holders of a dead coin keep bagholding because you obviously dont know how to TRADE Crypto

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August 27, 2014, 02:30:48 PM
 #14452

Just a scenario to ponder. The deal sounds really good, like, why not start it yesterday? Its free money right?

I emplore everyone to think of the attempts to bring down this coin in the past. This deal may be great, it may be bad. But please, do think about the implications of giving someone ability to modify codes, and the malicious things they could do.

I have no evidence, or even beliefs its the case here. But with the attacks on MP, DDOS attacks, and the overall hate that VRC seems to get from a vocal few. Remember the hack attempt? They extorted no btc from vericoin, you can imagine that they are not very happy. I believe forces could be at work that are still trying to bring this coin down, for whatever reasons where set out months ago when these attacks began.

If we where a coin, with no enemies, and nothing to lose I would say, start this plan juggernuts yesterday.

Realize VRC has enemies, and giving them access to make potentially malicious code that may seem legit, until its to late.

Why else would we have a RISK free offer to make easy money? I urge you all to think about it. I PM'd Doug some interesting points touching on a few subjects that, if successful will get us to be relevant. Its a unique approach that would benefit all of crypto, especially Vericoin. It won't be easy, people will have to do work, but the vision is there.

What I PM'd Doug about over the past few days. This debate is going the wrong direction, IMO once again. From what I believe the "culture" of VeriCoin should be. The goals I set out could become a reality with proper support and coordination. We need to think about investment differently in virtual currency to overtake bitcoin. We need to open up a new culture, a new market, a new way to invest in virtual currencies. The market opening up in 6-18 months is our chance to separate. This doesn't require immediate action, and failure! It requires thoughtful, quality work, and coordination.

An ETF is a basket of assets. Tell me what coins are positioned to be clean, scrubbed down and ready to be invested in by people who demand accountability? VeriCoin has all the accountability, integrity and connections that a coin would need to be considered for this ETF. We will see if this has legs, and I don't really want to give mention to what I spoke to with Doug, because It was a PM, and I feel that, if he is taking me serious, this could be a step forward to something larger than a "coin" and we could become THE virtual currency. It's not worth the loss of value, and there will only be room for so many coins taking this approach. Without going into detail, this potential shift in strategy would provide a clear vision for the future, with many actionable steps that will be taken along the way. Each of these designed to bring our currency longterm value.

Virtual currencies may look to stop competing with vericoin, and as part of the culture we could build on, many may actually want to work closer with us. A lot of big companies are looking at crypto currencies. Why not be that coin to WELCOME them all into our ecosystem, and culture. I have shown the light in which both coins could benefit from such an "outside the box" approach.

We will see what happens. If you expect the price to jump today, tomorrow, or even after you all know whats going on, don't count on it. I propose a lot of work for everyone in the community. I had Doug mention to me that my words may have inspired him in some way. I hope you all realize that this coin can be much more than the flavor of the month if you guys give them proper support and guidance. These guys want to do the right thing, desperately. Lets get on track and you will see a return to what made vericoin special.

The current state of crypto currency is war. Competing for the same dollars that are invested. I proposed a way to be not only peaceful, but to unite crypto currencies. To be a leader in regulation, to be honest, have integrity.. We need to use our strengths better, and shore up our weakness. The plan I proposed looks at the past months sample of work. I provided reasoning, and strategy that can turn vericoin into a powerhouse with not 1 technological advancement, even though these would be welcome to.

Good post!  Would you mind elaborating on what you mean by "clean and scrubbed down"? What other top coins would not fall in that category? Thanks.

Coins with hidden developers, anonymous coins. Anything that would detur an exchange traded fund from owning it. The "COIN" ETF is going to bring in money from inside / outside of crypto. If you look at likely reality, the bubble is still forming in financial markets, if it doesn't and the bubble "pops" Virtual Currencies can win from that to.

I think our goal of bringing in money from outside crypto is the right goal. And, with patience, and willingness to work, our timing might be incredible if we come out with a ready product for the ETF market. When financial markets are bubbling hotter, and people are looking more aggresive than ever at speculative investments. I think you could see some real action next year in virtual currencies. You will have that ETF launch, coinciding with a Bitcoin halving again in about 2 years from now give or take.

Credibility, integrity, honesty. These are all things that people will want to see in a coin they are buying for an ETF. These things are built up over time. The last thing they want is PR that the coins they invest in are scams.

We can pave what the future Virtual Currency landscape stands for, while progressing blockchain technologies in more cooperative settings. Infact I think we can grow exponentially if we are one of the first coins to take on this task, with a credible team.

Vericoin ETF. No way mate. Not gonna happen ever.

Bitcoin will be the place to store your wealth, and no coin will compete with this. Something like BitShares will also be used as an investment product, a bit more like investing in a stocks.

Therefore having Vericoin positioned as currency allows us to complement Bitcoin and BitShares(or whichever Blockchain 2.0 coin becomes dominant). So the Devs idea of mass adoption is a good one we just need to make sure we have a solid strategy which I think is lacking so far.



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August 27, 2014, 02:39:12 PM
 #14453


Bitcoin will be the place to store your wealth, and no coin will compete with this. Something like BitShares will also be used as an investment product, a bit more like investing in a stocks.


Correct. That's what I have been telling here for weeks, the worldwide mass adoption theme is a delusion. Vericoin won't be able to replace Bitcoin nor seriously compete with it at any level.

Having said that Buy4Crypto's effort is great, at least he realised that the brainless cheerleading won't help and something needs to be done. I think Barrabas' "good guys" theme makes lot of sense, that could work especially if ppl like Buy4Crypto support the idea.
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August 27, 2014, 02:50:17 PM
 #14454

Correct. That's what I have been telling here for weeks, the worldwide mass adoption theme is a delusion. Vericoin won't be able to replace Bitcoin nor seriously compete with it at any level.

So you admit you're repeating yourself? Glad someone has the energy in these summer doldrums.

Anyway, who said anything about VRC replacing bitcoin? BTC will likely evolve into digital gold,  a store of value with low velocity. VRC can be cash to that gold.

To progress this cash idea further, is anyone interested in writing a service  to send VRC through Facebook or Twitter? Similar to VeriSMS, they could be called VeriPoke and VeriTweet.
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August 27, 2014, 02:51:34 PM
 #14455


Bitcoin will be the place to store your wealth, and no coin will compete with this. Something like BitShares will also be used as an investment product, a bit more like investing in a stocks.


Correct. That's what I have been telling here for weeks, the worldwide mass adoption theme is a delusion. Vericoin won't be able to replace Bitcoin nor seriously compete with it at any level.

Having said that Buy4Crypto's effort is great, at least he realised that the brainless cheerleading won't help and something needs to be done. I think Barrabas' "good guys" theme makes lot of sense, that could work especially if ppl like Buy4Crypto support the idea.

Try reading the rest of my post instead of cherry picking quotes. My point was this is exactly why Vericoin should be positioning as mainstream digital currency because we will see the leading crypto-currencies gravitate towards being cyrpto-equities. leaving room for something like Vericoin to move into the existing crypto-currency void.

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August 27, 2014, 02:58:52 PM
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Try reading the rest of my post instead of cherry picking quotes. My point was this is exactly why Vericoin should be positioning as mainstream digital currency because we will see the leading crypto-currencies gravitate towards being cyrpto-equities. leaving room for something like Vericoin to move into the existing crypto-currency void.

I was quoting altcoinUK, not you.

But since we are chatting, I'd have to say an ETF or ETC for VRC is highly probable if this currency has any future.
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August 27, 2014, 03:01:30 PM
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Try reading the rest of my post instead of cherry picking quotes. My point was this is exactly why Vericoin should be positioning as mainstream digital currency because we will see the leading crypto-currencies gravitate towards being cyrpto-equities. leaving room for something like Vericoin to move into the existing crypto-currency void.

I was quoting altcoinUK, not you.

But since we are chatting, I'd have to say an ETF or ETC for VRC is highly probable if this currency has any future.

If we show the willingness to not only be a part of the ETF, but to get out in front and be pro active to get values in place that will be accepting of the regulation that will come with that territory. it will show we are ready to take that step, being the first one will give us credibility with the large funds out there that may choose to invest in not just bitcoin, but alternatives to increase beta.

We still have ideas in place to not only be a part of moving the technology forward, but to be a "key player" in the alt space. It won't be easy, nor will we be given instant credibility. So this isn't a sure shot. But its the best chance, in the long line of longshots alts are to gain us the credibility to take the next step, and become something more.

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August 27, 2014, 03:04:42 PM
 #14458


Bitcoin will be the place to store your wealth, and no coin will compete with this. Something like BitShares will also be used as an investment product, a bit more like investing in a stocks.


Correct. That's what I have been telling here for weeks, the worldwide mass adoption theme is a delusion. Vericoin won't be able to replace Bitcoin nor seriously compete with it at any level.

Having said that Buy4Crypto's effort is great, at least he realised that the brainless cheerleading won't help and something needs to be done. I think Barrabas' "good guys" theme makes lot of sense, that could work especially if ppl like Buy4Crypto support the idea.

Try reading the rest of my post instead of cherry picking quotes. My point was this is exactly why Vericoin should be positioning as mainstream digital currency because we will see the leading crypto-currencies gravitate towards being cyrpto-equities. leaving room for something like Vericoin to move into the existing crypto-currency void.

LoL actually that's true, I didn't read the rest of the post.

I purely speculate when I say worldwide mass adoption theme is a delusion, and you could be right that it is doable. Since vericoin can't even convince the crypto currency literate geeks and the current exchange users to support the coin, I can't see what would convince the general public to adopt vericoin as a digital currency instead if using Bitcoin. As you said it should offer some feature that complement to BTC. Like blockchain 2 features, which I have been banging on here for a while. Again, nothing is a certainly winning recipe, saying the blockchain 2 feature would help is speculation as well.
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August 27, 2014, 03:09:47 PM
 #14459

hello folks just checking in see how the VRC family is doing. I have been caught up trying to find miners from actual companies at good prices that not scams lol hard work i tell you.  Wink

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August 27, 2014, 03:11:49 PM
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Try reading the rest of my post instead of cherry picking quotes. My point was this is exactly why Vericoin should be positioning as mainstream digital currency because we will see the leading crypto-currencies gravitate towards being cyrpto-equities. leaving room for something like Vericoin to move into the existing crypto-currency void.

I was quoting altcoinUK, not you.

But since we are chatting, I'd have to say an ETF or ETC for VRC is highly probable if this currency has any future.

I was also quoting altcoinUK lol.


Maybe I should have been clearer, I don't think an ETF will happen within the current financial system. Like the Winlkle twins are doing. I assume this was the type of ETF he is on about.

I stupidily assumed this was the type of ETF you were on about, if not sorry for jumping to conclusions. We could set up an ETF now on BitShares right now with a cost of about $5000. Could be big if we partner with them officially, and then partner with an exchange to offer BTCX/VRC trading pair.




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