Bitcoin Forum
December 17, 2017, 08:27:06 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: Where would you prefer the VRC/VRM exchange pair be?
Bittrex
Poloniex
Both
Other

Pages: « 1 ... 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 [799] 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 ... 964 »
  Print  
Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346485 times)
tom14cat14
Hero Member
*****
Offline Offline

Activity: 490



View Profile
September 12, 2014, 05:26:14 AM
 #15961

VRC could make it to 250-500k easily

I don't know if I'd call a 2,000-4,000% price appreciation easy =p but I like the optimism

How come the market is so quite? Does China not trade VRC? Does it normally pick up once the EU is awake? First day following VRC

I couldn't tell you about the China situation. I don't think VRC is big on bter but I could be wrong (never really on the site)... I think a lot of people are just panic holding right now. Semi big news 5-6 days ago so a lot of people don't want to sell out at the moment. At the same time a lot of people either bought in over the weekend in a panic buy type move or have already bought in long ago...

Volume will probably remain low here for a little while until another announcement comes out.

Thanks. What was the news if you dont mind me asking. I know I should read on my own because I hate these questions in my threads. But this is 800+ pages so it might take me a bit.

1513499226
Hero Member
*
Offline Offline

Posts: 1513499226

View Profile Personal Message (Offline)

Ignore
1513499226
Reply with quote  #2

1513499226
Report to moderator
1513499226
Hero Member
*
Offline Offline

Posts: 1513499226

View Profile Personal Message (Offline)

Ignore
1513499226
Reply with quote  #2

1513499226
Report to moderator
1513499226
Hero Member
*
Offline Offline

Posts: 1513499226

View Profile Personal Message (Offline)

Ignore
1513499226
Reply with quote  #2

1513499226
Report to moderator
The money raised from these ads will be used to pay for improved forum software and other useful stuff.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513499226
Hero Member
*
Offline Offline

Posts: 1513499226

View Profile Personal Message (Offline)

Ignore
1513499226
Reply with quote  #2

1513499226
Report to moderator
setup
Full Member
***
Offline Offline

Activity: 140


View Profile
September 12, 2014, 05:31:06 AM
 #15962

Can please anybody tell me how to find out the BTC/VRC rate when I pay with Veribit?

https://litebit.eu/registration/de/3337ouEH2M/
Add a VRC banner to your Website & support VERICOIN
knox203
Member
**
Offline Offline

Activity: 79


View Profile
September 12, 2014, 05:36:50 AM
 #15963

VRC could make it to 250-500k easily

I don't know if I'd call a 2,000-4,000% price appreciation easy =p but I like the optimism

How come the market is so quite? Does China not trade VRC? Does it normally pick up once the EU is awake? First day following VRC

I couldn't tell you about the China situation. I don't think VRC is big on bter but I could be wrong (never really on the site)... I think a lot of people are just panic holding right now. Semi big news 5-6 days ago so a lot of people don't want to sell out at the moment. At the same time a lot of people either bought in over the weekend in a panic buy type move or have already bought in long ago...

Volume will probably remain low here for a little while until another announcement comes out.

Thanks. What was the news if you dont mind me asking. I know I should read on my own because I hate these questions in my threads. But this is 800+ pages so it might take me a bit.

VRC is apparently going to be a core coin of the SuperNET project. James, whom is the founder so-to-speak of SuperNET participates often on the VRC forum. This could be a game-changer once it comes to fruition.

P.S. - Welcome to the VeriCoin community!!
Xosihc
Hero Member
*****
Offline Offline

Activity: 534

Hello


View Profile
September 12, 2014, 05:46:56 AM
 #15964

Thanks. What was the news if you dont mind me asking. I know I should read on my own because I hate these questions in my threads. But this is 800+ pages so it might take me a bit.

VRC is apparently going to be a core coin of the SuperNET project. James, whom is the founder so-to-speak of SuperNET participates often on the VRC forum. This could be a game-changer once it comes to fruition.

P.S. - Welcome to the VeriCoin community!!

Basically what knox said. bitcointalk.com user jl777 aka "James" has been working on a pretty significant project here called SuperNET. Basically it's designed to unify alternate coins together under 1 system to increase the functionality and usability. He had an IPO type launch to raise some addtional funds over the weekend - something like 3,000-4,000 BTC. On top of that, going back to vericoin - the community joined together and raised a pretty good chunk of change ourselves (500,000+ VRC) to donate to the cause. James announced Sunday morning good things were coming for VRC.

I've been following vericoin since the end of June - been in and out a few times depending on the situation but I'd definitely say this is a big plus for vericoin. Long term goal of 1 year is to have the coin at least at .0005 now whether or not this can happen is another story Wink

But if you do any research on jl777 you'll find he's a really intelligent person, has a history of success, and has a pretty serious project going on with SuperNET.
tom14cat14
Hero Member
*****
Offline Offline

Activity: 490



View Profile
September 12, 2014, 05:47:37 AM
 #15965

VRC could make it to 250-500k easily

I don't know if I'd call a 2,000-4,000% price appreciation easy =p but I like the optimism

How come the market is so quite? Does China not trade VRC? Does it normally pick up once the EU is awake? First day following VRC

I couldn't tell you about the China situation. I don't think VRC is big on bter but I could be wrong (never really on the site)... I think a lot of people are just panic holding right now. Semi big news 5-6 days ago so a lot of people don't want to sell out at the moment. At the same time a lot of people either bought in over the weekend in a panic buy type move or have already bought in long ago...

Volume will probably remain low here for a little while until another announcement comes out.

Thanks. What was the news if you dont mind me asking. I know I should read on my own because I hate these questions in my threads. But this is 800+ pages so it might take me a bit.

VRC is apparently going to be a core coin of the SuperNET project. James, whom is the founder so-to-speak of SuperNET participates often on the VRC forum. This could be a game-changer once it comes to fruition.

P.S. - Welcome to the VeriCoin community!!

Thanks was there an ETA? I have had my head buried in the sand for awhile since I tool over Firecoin and launch Trader coin. But I did read the OP of VRC when it was new. Thought this was a good coin just form what I read at the beginning.

tom14cat14
Hero Member
*****
Offline Offline

Activity: 490



View Profile
September 12, 2014, 05:49:12 AM
 #15966

Thanks. What was the news if you dont mind me asking. I know I should read on my own because I hate these questions in my threads. But this is 800+ pages so it might take me a bit.

VRC is apparently going to be a core coin of the SuperNET project. James, whom is the founder so-to-speak of SuperNET participates often on the VRC forum. This could be a game-changer once it comes to fruition.

P.S. - Welcome to the VeriCoin community!!

Basically what knox said. bitcointalk.com user jl777 aka "James" has been working on a pretty significant project here called SuperNET. Basically it's designed to unify alternate coins together under 1 system to increase the functionality and usability. He had an IPO type launch to raise some addtional funds over the weekend - something like 3,000-4,000 BTC. On top of that, going back to vericoin - the community joined together and raised a pretty good chunk of change ourselves (500,000+ VRC) to donate to the cause. James announced Sunday morning good things were coming for VRC.

I've been following vericoin since the end of June - been in and out a few times depending on the situation but I'd definitely say this is a big plus for vericoin. Long term goal of 1 year is to have the coin at least at .0005 now whether or not this can happen is another story Wink

But if you do any research on jl777 you'll find he's a really intelligent person, has a history of success, and has a pretty serious project going on with SuperNET.

Thanks for the info.

Xosihc
Hero Member
*****
Offline Offline

Activity: 534

Hello


View Profile
September 12, 2014, 06:01:35 AM
 #15967

Thanks. What was the news if you dont mind me asking. I know I should read on my own because I hate these questions in my threads. But this is 800+ pages so it might take me a bit.

VRC is apparently going to be a core coin of the SuperNET project. James, whom is the founder so-to-speak of SuperNET participates often on the VRC forum. This could be a game-changer once it comes to fruition.

P.S. - Welcome to the VeriCoin community!!

Basically what knox said. bitcointalk.com user jl777 aka "James" has been working on a pretty significant project here called SuperNET. Basically it's designed to unify alternate coins together under 1 system to increase the functionality and usability. He had an IPO type launch to raise some addtional funds over the weekend - something like 3,000-4,000 BTC. On top of that, going back to vericoin - the community joined together and raised a pretty good chunk of change ourselves (500,000+ VRC) to donate to the cause. James announced Sunday morning good things were coming for VRC.

I've been following vericoin since the end of June - been in and out a few times depending on the situation but I'd definitely say this is a big plus for vericoin. Long term goal of 1 year is to have the coin at least at .0005 now whether or not this can happen is another story Wink

But if you do any research on jl777 you'll find he's a really intelligent person, has a history of success, and has a pretty serious project going on with SuperNET.

Thanks for the info.

Not a problem! Also, to answer your question about this post (in regards to ETA) James said it will still be roughly 6 months out before he truly gets vericoin up to speed with the SuperNET project - but from an investing standpoint he also said it will be a couple of weeks before they start using some of the assets of the IPO launch to pick up coins. Again, all in theory.  Cheesy
tom14cat14
Hero Member
*****
Offline Offline

Activity: 490



View Profile
September 12, 2014, 06:03:06 AM
 #15968

Well looks like someone is trying to keep the price low. Big buy followed by a big sell wall and dump.

setup
Full Member
***
Offline Offline

Activity: 140


View Profile
September 12, 2014, 06:04:17 AM
 #15969

Can please anybody tell me how to find out the BTC/VRC rate when I pay with Veribit?

Ok, i found it out. You see the actual price when you klick "send Bitcoin". But sorry, i would never use it because it`s about 80% more expencive than using two wallets. Very sad.

https://litebit.eu/registration/de/3337ouEH2M/
Add a VRC banner to your Website & support VERICOIN
barabbas
Legendary
*
Offline Offline

Activity: 1148


View Profile
September 12, 2014, 06:20:20 AM
 #15970

Can please anybody tell me how to find out the BTC/VRC rate when I pay with Veribit?

Ok, i found it out. You see the actual price when you klick "send Bitcoin". But sorry, i would never use it because it`s about 80% more expencive than using two wallets. Very sad.

That, as has been posted here many times before, is the problem when you deal with intermediaries. Moolah and coinsis are in this to make money. They will do for you the work, but you will pay for it in additional commissions. And that is why those "conveniencies" are much less so than they appear to be. It is neither sad nor the opposite, it just is. You do understand that people work for money, don't you? And that those companies need to make money to cover their risks and expenses, right?
barabbas
Legendary
*
Offline Offline

Activity: 1148


View Profile
September 12, 2014, 06:35:52 AM
 #15971

Thanks. What was the news if you dont mind me asking. I know I should read on my own because I hate these questions in my threads. But this is 800+ pages so it might take me a bit.

VRC is apparently going to be a core coin of the SuperNET project. James, whom is the founder so-to-speak of SuperNET participates often on the VRC forum. This could be a game-changer once it comes to fruition.

P.S. - Welcome to the VeriCoin community!!

Basically what knox said. bitcointalk.com user jl777 aka "James" has been working on a pretty significant project here called SuperNET. Basically it's designed to unify alternate coins together under 1 system to increase the functionality and usability. He had an IPO type launch to raise some addtional funds over the weekend - something like 3,000-4,000 BTC. On top of that, going back to vericoin - the community joined together and raised a pretty good chunk of change ourselves (500,000+ VRC) to donate to the cause. James announced Sunday morning good things were coming for VRC.

I've been following vericoin since the end of June - been in and out a few times depending on the situation but I'd definitely say this is a big plus for vericoin. Long term goal of 1 year is to have the coin at least at .0005 now whether or not this can happen is another story Wink

But if you do any research on jl777 you'll find he's a really intelligent person, has a history of success, and has a pretty serious project going on with SuperNET.

Thanks for the info.

Unfortunately that "info" is quite a bit scattered and you have to take it with a grain of salt... a very big one at that.

It is complex and difficult to put forward in a few words, but I'll try: jl777, "James" is a member of the Vericoin community and has a sizable (around 220k VRC) investment in it. He is also an "honorary dev", so to speak, self-bound to get Vericoin to join the core of the SuperNET project... in due time. It will be a few months, before he can get the code up to speed with the requirements the SuperNET imposes and, meanwhile, Vericoin and its devs will be acting as spokespersons for the SuperNET project. All of this has been enthusiastically supported by all but 2 of the members of this community, including the three devs who have generously donated to the initial requirement of James (an option fund of sorts). Given that the community and its devs came out with over 500k Vericoin "donated" to the fund in 48 hours, James exercised unparalleled generosity and reverted the fund entire to the community... so the funding continues in effect with a target of 2 to 2.5 million coins which, with the full support of the community, will be earmarked to acquire a stake in SuperNET in exchange for an investment of the SuperNET in Vericoin, in identical amount.

There are two targets (or thresholds), set by James, one to reach 0.0005 BTC per VRC in price, and another to reach 0.001BTC. Although the ETA is cloudy, all those targets and objectives can and should be accomplished along the next few months, 6 at most, but obviously there are no warranties.

I hope this synthesis reflects the current situation and projects -along with the ones that Vericoin had itself before "James" came in, of course-. For more detail, you should look for one the most recent posts by PNosker, one of the developers, in which he offered a nice update on what was actually taking place in the new roadmap of the development, since James arrived. It should be within the last 10 pages of the forum, I think.
Xosihc
Hero Member
*****
Offline Offline

Activity: 534

Hello


View Profile
September 12, 2014, 06:56:11 AM
 #15972


It is complex and difficult to put forward in a few words, but I'll try: jl777, "James" is a member of the Vericoin community and has a sizable (around 220k VRC) investment in it. He is also an "honorary dev", so to speak, self-bound to get Vericoin to join the core of the SuperNET project... in due time. It will be a few months, before he can get the code up to speed with the requirements the SuperNET imposes and, meanwhile, Vericoin and its devs will be acting as spokespersons for the SuperNET project. All of this has been enthusiastically supported by all but 2 of the members of this community, including the three devs who have generously donated to the initial requirement of James (an option fund of sorts). Given that the community and its devs came out with over 500k Vericoin "donated" to the fund in 48 hours, James exercised unparalleled generosity and reverted the fund entire to the community... so the funding continues in effect with a target of 2 to 2.5 million coins which, with the full support of the community, will be earmarked to acquire a stake in SuperNET in exchange for an investment of the SuperNET in Vericoin, in identical amount.

There are two targets (or thresholds), set by James, one to reach 0.0005 BTC per VRC in price, and another to reach 0.001BTC. Although the ETA is cloudy, all those targets and objectives can and should be accomplished along the next few months, 6 at most, but obviously there are no warranties.

I hope this synthesis reflects the current situation and projects -along with the ones that Vericoin had itself before "James" came in, of course-. For more detail, you should look for one the most recent posts by PNosker, one of the developers, in which he offered a nice update on what was actually taking place in the new roadmap of the development, since James arrived. It should be within the last 10 pages of the forum, I think.

This is actually very well said. Thanks barabbas!

MAD945
Hero Member
*****
Offline Offline

Activity: 546



View Profile
September 12, 2014, 06:57:26 AM
 #15973

Thanks. What was the news if you dont mind me asking. I know I should read on my own because I hate these questions in my threads. But this is 800+ pages so it might take me a bit.

VRC is apparently going to be a core coin of the SuperNET project. James, whom is the founder so-to-speak of SuperNET participates often on the VRC forum. This could be a game-changer once it comes to fruition.

P.S. - Welcome to the VeriCoin community!!

Basically what knox said. bitcointalk.com user jl777 aka "James" has been working on a pretty significant project here called SuperNET. Basically it's designed to unify alternate coins together under 1 system to increase the functionality and usability. He had an IPO type launch to raise some addtional funds over the weekend - something like 3,000-4,000 BTC. On top of that, going back to vericoin - the community joined together and raised a pretty good chunk of change ourselves (500,000+ VRC) to donate to the cause. James announced Sunday morning good things were coming for VRC.

I've been following vericoin since the end of June - been in and out a few times depending on the situation but I'd definitely say this is a big plus for vericoin. Long term goal of 1 year is to have the coin at least at .0005 now whether or not this can happen is another story Wink

But if you do any research on jl777 you'll find he's a really intelligent person, has a history of success, and has a pretty serious project going on with SuperNET.

Thanks for the info.

Unfortunately that "info" is quite a bit scattered and you have to take it with a grain of salt... a very big one at that.

It is complex and difficult to put forward in a few words, but I'll try: jl777, "James" is a member of the Vericoin community and has a sizable (around 220k VRC) investment in it. He is also an "honorary dev", so to speak, self-bound to get Vericoin to join the core of the SuperNET project... in due time. It will be a few months, before he can get the code up to speed with the requirements the SuperNET imposes and, meanwhile, Vericoin and its devs will be acting as spokespersons for the SuperNET project. All of this has been enthusiastically supported by all but 2 of the members of this community, including the three devs who have generously donated to the initial requirement of James (an option fund of sorts). Given that the community and its devs came out with over 500k Vericoin "donated" to the fund in 48 hours, James exercised unparalleled generosity and reverted the fund entire to the community... so the funding continues in effect with a target of 2 to 2.5 million coins which, with the full support of the community, will be earmarked to acquire a stake in SuperNET in exchange for an investment of the SuperNET in Vericoin, in identical amount.

There are two targets (or thresholds), set by James, one to reach 0.0005 BTC per VRC in price, and another to reach 0.001BTC. Although the ETA is cloudy, all those targets and objectives can and should be accomplished along the next few months, 6 at most, but obviously there are no warranties.

I hope this synthesis reflects the current situation and projects -along with the ones that Vericoin had itself before "James" came in, of course-. For more detail, you should look for one the most recent posts by PNosker, one of the developers, in which he offered a nice update on what was actually taking place in the new roadmap of the development, since James arrived. It should be within the last 10 pages of the forum, I think.

Who are you and what have you done with barabbas?

I kid...I kid...Thank You for taking the time to respond in a kind and positive matter. In all seriousness +1 from me!

You are off the ignore list for now...hope it stays that way Kiss
Kevondo
Sr. Member
****
Offline Offline

Activity: 420



View Profile
September 12, 2014, 11:50:44 AM
 #15974

Thanks. What was the news if you dont mind me asking. I know I should read on my own because I hate these questions in my threads. But this is 800+ pages so it might take me a bit.

VRC is apparently going to be a core coin of the SuperNET project. James, whom is the founder so-to-speak of SuperNET participates often on the VRC forum. This could be a game-changer once it comes to fruition.

P.S. - Welcome to the VeriCoin community!!

Basically what knox said. bitcointalk.com user jl777 aka "James" has been working on a pretty significant project here called SuperNET. Basically it's designed to unify alternate coins together under 1 system to increase the functionality and usability. He had an IPO type launch to raise some addtional funds over the weekend - something like 3,000-4,000 BTC. On top of that, going back to vericoin - the community joined together and raised a pretty good chunk of change ourselves (500,000+ VRC) to donate to the cause. James announced Sunday morning good things were coming for VRC.

I've been following vericoin since the end of June - been in and out a few times depending on the situation but I'd definitely say this is a big plus for vericoin. Long term goal of 1 year is to have the coin at least at .0005 now whether or not this can happen is another story Wink

But if you do any research on jl777 you'll find he's a really intelligent person, has a history of success, and has a pretty serious project going on with SuperNET.

Thanks for the info.

Unfortunately that "info" is quite a bit scattered and you have to take it with a grain of salt... a very big one at that.

It is complex and difficult to put forward in a few words, but I'll try: jl777, "James" is a member of the Vericoin community and has a sizable (around 220k VRC) investment in it. He is also an "honorary dev", so to speak, self-bound to get Vericoin to join the core of the SuperNET project... in due time. It will be a few months, before he can get the code up to speed with the requirements the SuperNET imposes and, meanwhile, Vericoin and its devs will be acting as spokespersons for the SuperNET project. All of this has been enthusiastically supported by all but 2 of the members of this community, including the three devs who have generously donated to the initial requirement of James (an option fund of sorts). Given that the community and its devs came out with over 500k Vericoin "donated" to the fund in 48 hours, James exercised unparalleled generosity and reverted the fund entire to the community... so the funding continues in effect with a target of 2 to 2.5 million coins which, with the full support of the community, will be earmarked to acquire a stake in SuperNET in exchange for an investment of the SuperNET in Vericoin, in identical amount.

There are two targets (or thresholds), set by James, one to reach 0.0005 BTC per VRC in price, and another to reach 0.001BTC. Although the ETA is cloudy, all those targets and objectives can and should be accomplished along the next few months, 6 at most, but obviously there are no warranties.

I hope this synthesis reflects the current situation and projects -along with the ones that Vericoin had itself before "James" came in, of course-. For more detail, you should look for one the most recent posts by PNosker, one of the developers, in which he offered a nice update on what was actually taking place in the new roadmap of the development, since James arrived. It should be within the last 10 pages of the forum, I think.

Who are you and what have you done with barabbas?

I kid...I kid...Thank You for taking the time to respond in a kind and positive matter. In all seriousness +1 from me!

You are off the ignore list for now...hope it stays that way Kiss

This is the first I've heard of this; " will be earmarked to acquire a stake in SuperNET in exchange for an investment of the SuperNET in Vericoin, in identical amount."

My understanding is Yes the VRC community would have to vote on any expentitures from the contributed funds.
However what sounds like a "Stock Swap" or "you buy mine, I buy yours" is news to me.

Another issue is ( James has impressed me with his posts and writings) a  concept pertaining  to "Voting" on the expentures/uses of the Fund (536,042 VRC) by the  VRC Community. He  mentions a "weighted vote".
James, Please, if you would, elaborate on what "Weighted Vote"  means in this context  and how it would be implemented.

Kevondo
Sr. Member
****
Offline Offline

Activity: 420



View Profile
September 12, 2014, 01:51:38 PM
 #15975

LIVE! in 10 minutes http://www.vrcradio.com

Bit-Gods
Sr. Member
****
Offline Offline

Activity: 252


View Profile
September 12, 2014, 02:02:39 PM
 #15976

LIVE! in 10 minutes http://www.vrcradio.com
Nice!!
who is talking?

buy4crypto
Sr. Member
****
Offline Offline

Activity: 434

freecrypto.top


View Profile WWW
September 12, 2014, 03:10:03 PM
 #15977

[Dividend Announcement]

NXTventure will offer a 1:10 Privatebet dividend after the close of SuperNET funding [...]

Hey James,

This is just my opinion so please feel free to take it or leave it. I'm only offering it because I think it may help you in the long run.

You should be very careful labeling anything in the crypto currency world as a "dividend". I don't know where you operate/reside but if it's within the United States I can assure you this is an easy way to get in a lot of trouble. Up until now the US has been fairly gray as far as "what you can do/what you can't do". Insider trading, front running, wash sale - none of those laws apply to crypto, yet (from my understanding). But one thing they have made clear is in no way, shape, or form are you allowed to tie any type of equity ownership to a coin - and yes this includes using the term dividend payout.

There are a number of people who are currently fighting for their freedom just for that exact reason.

Now, if you're outside the US - well you can disregard my advice. I am not clear on the legal ramifications of doing this in other countries. But for all I know you are behind 7 proxies and everything is cool. Anyway, just some food for thought Smiley
how did you know I use 7 proxies?

I am most definitely never ever inside the USA! Very dangerous country for me to even be near. It is what it is, a distribution, dividend, asset transfer, gift, cheese sauce. Whatever it is called it is what it is. The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Thank you for you concern though!

James

The law is real though.

Just to be clear. Further regulation in the United States is coming. You must realize you cannot disregard law that applies to US citizens when you assume any role in VeriCoin. Those who reside in the USA including the 3 developers may be liable for money laundering, and the long list of other laws that they are currently enforcing in our jurisdiction. You will put them, and their families in potentially real legal troubles. The law can go back over the entire VeriCoin history and find 1 transaction that isn't accounted for properly, even if they try in good faith, you can open the developers, their families, and every US citizen who supports VeriCoin by owning the currency into serious legal issues.

James, you may not know how close 2 of the 3 developers live to New York, They are minutes away from potentially one of the most demanding states for bitcoin laws coming. If this is a project that has longterm potential, you cannot ignore US laws because its "dangerous" to you. That is a story for another day. You must obey them, and with 100% accuracy if you choose to give people your "cheese" or whatever you want to call it.

I am done with this thread. But this is something concerning peoples lives, and you cannot be so careless as to mess with someones family and future. As much as you may think I troll, I really care and hope these developers can achieve long term success. People in the United States deserve better than such careless regard for their legal concerns.

Just to be clear. I am no longer involved in this coin. Living in NY this is one of my main concerns about Virtual Currencies and why I do not trade coins anymore. I'm glad someone else brought it up.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
████ - freecrypto.top - btcinfo.top - DIGITAL CURRENCY DIRECTORIES - freeMonero.comfunbtc.xyz  ████
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
pnosker
Sr. Member
****
Offline Offline

Activity: 462


View Profile
September 12, 2014, 03:13:40 PM
 #15978

[Dividend Announcement]

NXTventure will offer a 1:10 Privatebet dividend after the close of SuperNET funding [...]

Hey James,

This is just my opinion so please feel free to take it or leave it. I'm only offering it because I think it may help you in the long run.

You should be very careful labeling anything in the crypto currency world as a "dividend". I don't know where you operate/reside but if it's within the United States I can assure you this is an easy way to get in a lot of trouble. Up until now the US has been fairly gray as far as "what you can do/what you can't do". Insider trading, front running, wash sale - none of those laws apply to crypto, yet (from my understanding). But one thing they have made clear is in no way, shape, or form are you allowed to tie any type of equity ownership to a coin - and yes this includes using the term dividend payout.

There are a number of people who are currently fighting for their freedom just for that exact reason.

Now, if you're outside the US - well you can disregard my advice. I am not clear on the legal ramifications of doing this in other countries. But for all I know you are behind 7 proxies and everything is cool. Anyway, just some food for thought Smiley
how did you know I use 7 proxies?

I am most definitely never ever inside the USA! Very dangerous country for me to even be near. It is what it is, a distribution, dividend, asset transfer, gift, cheese sauce. Whatever it is called it is what it is. The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Thank you for you concern though!

James

Just to be clear. Regulation in the United States is coming. You must realize you cannot disregard law that applies to US citizens when you assume any role in VeriCoin. Those who reside in the USA including the 3 developers will be now liable for money laundering, and the long list of other laws that they are currently enforcing in our jurisdiction. You will put them, and their families in potentially real legal troubles. The law can go back over the entire VeriCoin history and find 1 transaction that isn't accounted for properly, even if they try in good faith, you can open the developers, their families, and every US citizen who supports VeriCoin by owning the currency into serious legal issues.

James, you may not know how close 2 of the 3 developers live to New York, They are minutes away from potentially one of the most demanding states for bitcoin laws coming. If this is a project that has longterm potential, you cannot ignore US laws because its "dangerous" to you. That is a story for another day. You must obey them, and with 100% accuracy if you choose to give people your "cheese" or whatever you want to call it.

I am done with this thread. But this is something concerning peoples lives, and you cannot be so careless as to mess with someones family and future. As much as you may think I troll, I really care and hope these developers can achieve long term success. People in the United States deserve better than such careless regard for their legal concerns.

Just to be clear. I am no longer involved in this coin. Living in NY this is one of my main concerns about this project. I'm glad someone else brought it up.

What James decides to do with the SuperNET IPO is unrelated to VRC. His intention to issue dividends to IPO buyers does not affect VeriCoin at all. Also, imporantly, the NY BitLicense regulation is not a "law" but a "regulation" or an interpretation of current NY State law. It does not affect areas outside of New York.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
buy4crypto
Sr. Member
****
Offline Offline

Activity: 434

freecrypto.top


View Profile WWW
September 12, 2014, 03:18:05 PM
 #15979

[Dividend Announcement]

NXTventure will offer a 1:10 Privatebet dividend after the close of SuperNET funding [...]

Hey James,

This is just my opinion so please feel free to take it or leave it. I'm only offering it because I think it may help you in the long run.

You should be very careful labeling anything in the crypto currency world as a "dividend". I don't know where you operate/reside but if it's within the United States I can assure you this is an easy way to get in a lot of trouble. Up until now the US has been fairly gray as far as "what you can do/what you can't do". Insider trading, front running, wash sale - none of those laws apply to crypto, yet (from my understanding). But one thing they have made clear is in no way, shape, or form are you allowed to tie any type of equity ownership to a coin - and yes this includes using the term dividend payout.

There are a number of people who are currently fighting for their freedom just for that exact reason.

Now, if you're outside the US - well you can disregard my advice. I am not clear on the legal ramifications of doing this in other countries. But for all I know you are behind 7 proxies and everything is cool. Anyway, just some food for thought Smiley
how did you know I use 7 proxies?

I am most definitely never ever inside the USA! Very dangerous country for me to even be near. It is what it is, a distribution, dividend, asset transfer, gift, cheese sauce. Whatever it is called it is what it is. The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Thank you for you concern though!

James

Just to be clear. Regulation in the United States is coming. You must realize you cannot disregard law that applies to US citizens when you assume any role in VeriCoin. Those who reside in the USA including the 3 developers will be now liable for money laundering, and the long list of other laws that they are currently enforcing in our jurisdiction. You will put them, and their families in potentially real legal troubles. The law can go back over the entire VeriCoin history and find 1 transaction that isn't accounted for properly, even if they try in good faith, you can open the developers, their families, and every US citizen who supports VeriCoin by owning the currency into serious legal issues.

James, you may not know how close 2 of the 3 developers live to New York, They are minutes away from potentially one of the most demanding states for bitcoin laws coming. If this is a project that has longterm potential, you cannot ignore US laws because its "dangerous" to you. That is a story for another day. You must obey them, and with 100% accuracy if you choose to give people your "cheese" or whatever you want to call it.

I am done with this thread. But this is something concerning peoples lives, and you cannot be so careless as to mess with someones family and future. As much as you may think I troll, I really care and hope these developers can achieve long term success. People in the United States deserve better than such careless regard for their legal concerns.

Just to be clear. I am no longer involved in this coin. Living in NY this is one of my main concerns about this project. I'm glad someone else brought it up.

What James decides to do with the SuperNET IPO is unrelated to VRC. His intention to issue dividends to IPO buyers does not affect VeriCoin at all. Also, imporantly, the NY BitLicense regulation is not a "law" but a "regulation" or an interpretation of current NY State law. It does not affect areas outside of New York.

Money Laundering is a United States Law. Doesn't matter what you are dealing with. Its fits the bill for everything money laundering is. Just be careful dude. I wouldn't go promoting this, you will be the first target when people hear you say things like that.

http://www.law.cornell.edu/wex/money_laundering


Money laundering refers to a financial transaction scheme that aims to conceal the identity, source, and destination of illicitly-obtained money. The money laundering process can be broken down into three stages. First, the illegal activity that garners the money places it in the launderer’s hands. Second, the launderer passes the money through a complex scheme of transactions to obscure who initially received the money from the criminal enterprise. Third, the scheme returns the money to the launderer in an obscure and indirect way.

I love what you guys aimed to do in the past. But after learning more about the project, and potential NY laws. I had to stop trading / being involved for legal reasons. NY is a tough state to be in and start a legitimate business, that is way more important to me than skirting these laws. I have stopped trading weeks ago mainly to get ahead of NY laws. Just be careful everyone! I am not posting anymore to distance myself from this whole thing.

I am not involved in the SuperNet project, or vericoin, I must repeat! And I will wish you all the best who go forward with this. I sincerely hope it works out. GL!

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
████ - freecrypto.top - btcinfo.top - DIGITAL CURRENCY DIRECTORIES - freeMonero.comfunbtc.xyz  ████
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
criptix
Legendary
*
Offline Offline

Activity: 1372



View Profile
September 12, 2014, 03:19:41 PM
 #15980

Thanks. What was the news if you dont mind me asking. I know I should read on my own because I hate these questions in my threads. But this is 800+ pages so it might take me a bit.

VRC is apparently going to be a core coin of the SuperNET project. James, whom is the founder so-to-speak of SuperNET participates often on the VRC forum. This could be a game-changer once it comes to fruition.

P.S. - Welcome to the VeriCoin community!!

Basically what knox said. bitcointalk.com user jl777 aka "James" has been working on a pretty significant project here called SuperNET. Basically it's designed to unify alternate coins together under 1 system to increase the functionality and usability. He had an IPO type launch to raise some addtional funds over the weekend - something like 3,000-4,000 BTC. On top of that, going back to vericoin - the community joined together and raised a pretty good chunk of change ourselves (500,000+ VRC) to donate to the cause. James announced Sunday morning good things were coming for VRC.

I've been following vericoin since the end of June - been in and out a few times depending on the situation but I'd definitely say this is a big plus for vericoin. Long term goal of 1 year is to have the coin at least at .0005 now whether or not this can happen is another story Wink

But if you do any research on jl777 you'll find he's a really intelligent person, has a history of success, and has a pretty serious project going on with SuperNET.

Thanks for the info.

Unfortunately that "info" is quite a bit scattered and you have to take it with a grain of salt... a very big one at that.

It is complex and difficult to put forward in a few words, but I'll try: jl777, "James" is a member of the Vericoin community and has a sizable (around 220k VRC) investment in it. He is also an "honorary dev", so to speak, self-bound to get Vericoin to join the core of the SuperNET project... in due time. It will be a few months, before he can get the code up to speed with the requirements the SuperNET imposes and, meanwhile, Vericoin and its devs will be acting as spokespersons for the SuperNET project. All of this has been enthusiastically supported by all but 2 of the members of this community, including the three devs who have generously donated to the initial requirement of James (an option fund of sorts). Given that the community and its devs came out with over 500k Vericoin "donated" to the fund in 48 hours, James exercised unparalleled generosity and reverted the fund entire to the community... so the funding continues in effect with a target of 2 to 2.5 million coins which, with the full support of the community, will be earmarked to acquire a stake in SuperNET in exchange for an investment of the SuperNET in Vericoin, in identical amount.

There are two targets (or thresholds), set by James, one to reach 0.0005 BTC per VRC in price, and another to reach 0.001BTC. Although the ETA is cloudy, all those targets and objectives can and should be accomplished along the next few months, 6 at most, but obviously there are no warranties.

I hope this synthesis reflects the current situation and projects -along with the ones that Vericoin had itself before "James" came in, of course-. For more detail, you should look for one the most recent posts by PNosker, one of the developers, in which he offered a nice update on what was actually taking place in the new roadmap of the development, since James arrived. It should be within the last 10 pages of the forum, I think.

Who are you and what have you done with barabbas?

I kid...I kid...Thank You for taking the time to respond in a kind and positive matter. In all seriousness +1 from me!

You are off the ignore list for now...hope it stays that way Kiss

This is the first I've heard of this; " will be earmarked to acquire a stake in SuperNET in exchange for an investment of the SuperNET in Vericoin, in identical amount."

My understanding is Yes the VRC community would have to vote on any expentitures from the contributed funds.
However what sounds like a "Stock Swap" or "you buy mine, I buy yours" is news to me.

Another issue is ( James has impressed me with his posts and writings) a  concept pertaining  to "Voting" on the expentures/uses of the Fund (536,042 VRC) by the  VRC Community. He  mentions a "weighted vote".
James, Please, if you would, elaborate on what "Weighted Vote"  means in this context  and how it would be implemented.

Hi james proposed it a few pages back.
About the voting. The weight will be the amount of coins. More coins = more votes
But i assume it only is for people who donated into the fund, but i guess you could discuss it

PECULIUM                [  PRIVATE SALE ~$2M PLEDGED ]
First Saving System in CryptoCurrency Driven by Artificial Intelligence     / WHITEPAPER / ANN / BOUNTY / TELEGRAM /

                                   ▓░          ░  ░░░    ░▒▓▓▓▓▓▓▒▒
                                  █▒░░░░░░░░░░░░░▒▒▒ ▒▓██▓▓▓▒▒▒▒▒▒▓
             ░░░░░▒▒░░  ░░░░░░░░░▒█░▒▒▒▒▒▒▒▒▒▒▒▒▓▓▒▒███▓▓████████▓▓
        ░▒▒▓▓▓▓▓▓▓▓▓▓▓▓▒ ░░░     ▒▓▒▒▒▒▒▒▒▒▒▒▒▒▓▒▒▓██▒▓██████▓█████
     ░▒▒▒▒░░░░░ ░░░░░░▒▓▒ ░░░    ░▓▓▓▓▓▒▓▒▒▒▒▒▒▒▓██▓ ████████▒▓██▓▓
          ░░░░▒░▒▒░▒▒▒▒░▒░ ░      ▓▒▓▓▓▓▓▓▒▒▒▓▒▓▓▓▒░████▓███▒████▓▓
      ░░░░░░░▒▒░░░▒▒▒▒▒▒░░       ▒▓░▓▓▓▓▓▓▓▓▓▓▓▓▓▒ █████████████  
       ░░░▒▒▒░░░░▒░▒▒▒▒▒▒▒   ░░░░▒▒▒▒▓▓▓▓▓▓▓▓▓▓▒▒▒███▓█████▓░     
      ░░░    ░░░▒▒▒▒▒░▒▒▓▓  ░░░ ▒▒▒▒▒▒▓▓▓▓▓▓▓▒ ░▓██▓▒░          ░ ░
     ░░  ▒▓█████████▓▓▓▒▓░  ░░ ░▒▒▒▒▒▒▒▒▒▓▓▓▓▒▒▓▒░   ░░░ ░░░░     
     ░ ▓██▒▓▓▓███▒▒▒▒▓▓▓▓    ░ ░▒░▒▒░▒▒▒▒▒▒▒▒▓▓▒▒░░░░             
     ░▓█░▒██████████▓▒▒█      ░░░░░░░░░▒▒▒▒▒▒▒▒▒▒▒▒▒░░            
    ░▓▓ ███████▓▒██▓███▒      ░░░░░░░░░░░░▒░▒░▒░▒▒░░░░░░░         
    ▒▒ ▓██▓▓██▒▓███▓███      ░░░░░░░░░░░░░░░░░░░░░░░░░            
    ▒░▒█░███▓████▓           ░ ░░░░░░░░░░░░░░░░░░                 
    ░ ██ ████▓▓     ▒       ░░  ░░░░░░░░░░░░░░                    
                   ▒░      ░░ ░   ░░░░░░░░░░                      
            ░░░░░░▒▒       ░░   ░ ░  ░░░░░░░                      
          ░░░  ░░ ░         ░          ░░░░░░                     
                           ░      ░░░░░░░▒▒░                      
                                     ░░░  ░▒                      
                            ░░▒░░░      ░  ░▒                     
                    ░    ░░░░░░ ░░░▒▒░    ░░▒░                    
                    ▒▒░░░░░░   ░░    ░▒▒░░░░▒▒                    
                      ▒▒░░▒░▓███████▓ ░▒▒▒▒▒▓▒                    
                    ▓░ ░▒░░▓██████████░░▒▒▒▓▓                     
                   ▓███░░▒▒▒▓▓▓▓███▓▓▓▓▒▒▓▓▓                      
                    ████▓▒▓▒▒▒▓▓▓▓▓▓▓▓▓▓▓▒░                       
                     ▓██▓▒▓▓▓▒▓▓▓▓▓▒▒░░░                          
                      ▓▒▒▒▓▓▓▓▓▒░░░                               
                        ░░▓▓▓▓▓▒                                  
                         ░▒▒▒▒▒▒                                  
                          ░▒▒░▒░                                  
                          ░░   ░                                  
                          ░    ░                                  ░
                             ░░                       ░           ░
                                                      ░░        ░ ░
                         ░░░░░░░░░░░░░░░░░     ░░░░░░░░░░░ ░░ ░ ░ ░
                       ░▒░░░░░░░░▒▒▓▓▓▓▓▓▓▓▓▓▓▒▒▒▒░░░░    ░░░░░░░ ░
                      ░▒░▒▒▒▓▓▓███████▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▒░░░░░░░░
                     ░▒▒▓▓████▓▓▒              ░▒▒▓▓▓▓████▓▒░░░░▒░▒
                    ░▒▓██▒░                ░░░░░░░░░░▒▒▒░   ░░░░░░▒
                   ░▒▓█       ░░░░░░░░░░▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒░░░░░▒░▒
                  ▒▒▓█   ░▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▓▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒
                 ░░▓█    ░░░░░░░░▒▒▒▒▒▒▒▒▒▒▒▒▒▒░░░ ░░░░░        ░ ▒
Pages: « 1 ... 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 [799] 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 ... 964 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!