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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346476 times)
drkman
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October 14, 2014, 07:23:41 PM
 #16581

I find it hilarious that Kevondo, who refused to contribute a dime in massive 20 point font when asked, but now it seems he feels has the right to claim my money and spend it as he wishes in spite of the votes and wishes of the actual people who escrowed the funds and in spite of the wishes of the person we sent the funds to. 
People sent those funds to James, not you.  And James gave them back to the original donators to vote (via how much they donated) and so far 100% of the people voting with their own coins (via the blockchain) have voted to purchase the SuperNET asset UNITY, and yet you still complain.....Kinda shocking actually.
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October 14, 2014, 07:53:25 PM
 #16582

I find it hilarious that Kevondo, who refused to contribute a dime in massive 20 point font when asked, but now it seems he feels has the right to claim my money and spend it as he wishes in spite of the votes and wishes of the actual people who escrowed the funds and in spite of the wishes of the person we sent the funds to. 
People sent those funds to James, not you.  And James gave them back to the original donators to vote (via how much they donated) and so far 100% of the people voting with their own coins (via the blockchain) have voted to purchase the SuperNET asset UNITY, and yet you still complain.....Kinda shocking actually.
+1 lol
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October 14, 2014, 08:23:54 PM
 #16583

Someone is injecting some coin in VRC. That you James? If so, appreciated but...

It is perhaps time for an update on what your tech plans are for VRC in order to get it to join the core SuperNET. Exactly what would be the tech aspect coming from VRC that will complete the SuperNET? I mean, it really doesn't matter if others start working on developing on their own since that would not gain them access tpo the SuperNET since it will be a copy of what VRC would bring, right? So no need to keep it secret. Amd it is going to be open source anyway...

So please, let us know exactly what VRC will bring to SN, to complete it.

I know you are busy, but not that busy so...


Maybe its something to do with the fact there has been a change to the vrc escrow fund with supernet apparently I now own some sort of unity nxt vrc asset ?. And cant seem to figure out what its about any Dev got a few to explain this move. Was anything posted about this here cant see anything?.  Thanks in advance.

The initial momentum for yesterday's spike coincided perfectly with Effects2Cause's Twitter tease about BitVeri; it's likely related to that. This is why it's important to keep an eye on all forums and social outlets, IMO, even the ones that you wouldn't normally use. News on Twitter often has a more immediate impact on a coin's short term price than news on BCT.

You are just unintentionally funny... sigh....
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October 14, 2014, 08:39:24 PM
 #16584

I find it hilarious that Kevondo, who refused to contribute a dime in massive 20 point font when asked, but now it seems he feels has the right to claim my money and spend it as he wishes in spite of the votes and wishes of the actual people who escrowed the funds and in spite of the wishes of the person we sent the funds to.  
People sent those funds to James, not you.  And James gave them back to the original donators to vote (via how much they donated) and so far 100% of the people voting with their own coins (via the blockchain) have voted to purchase the SuperNET asset UNITY, and yet you still complain.....Kinda shocking actually.

I believe -although I must admit I only understand a % of what he writes- that Kevondo is referring not just to the donations but the funds in the Vericoin Fund. I maybe mistaken, of course.

Now, all this said, it is time for James to recognize that his proposal, and request to the community, to raise 10% of the total coins in "donations", was a terrible failure for not only a very small part of the initial request -not even 20% of it- was actually "donated" but those who donated were a very minimal part of the VRC community.

 Pretending therefore that the whole community was behind the idea of "donating" (actually be willing to be paid 10k sat for their coins, at a later time), is just not even close to real.

James has a lot of work to do here if he wants to ever reach the goal of getting the VRC community to pony up 10% to buy into the SuperNET. Things would have to change quite drastically for that goal to be achieved, even with the timeline being quite generous in time... which is something that doesn't work in James' influence's favor, as we have been corroborating of late.

Of course BITVERI will save the day...rotflol
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October 14, 2014, 10:01:14 PM
 #16585

I find it hilarious that Kevondo, who refused to contribute a dime in massive 20 point font when asked, but now it seems he feels has the right to claim my money and spend it as he wishes in spite of the votes and wishes of the actual people who escrowed the funds and in spite of the wishes of the person we sent the funds to.  
People sent those funds to James, not you.  And James gave them back to the original donators to vote (via how much they donated) and so far 100% of the people voting with their own coins (via the blockchain) have voted to purchase the SuperNET asset UNITY, and yet you still complain.....Kinda shocking actually.

I believe -although I must admit I only understand a % of what he writes- that Kevondo is referring not just to the donations but the funds in the Vericoin Fund. I maybe mistaken, of course.

Now, all this said, it is time for James to recognize that his proposal, and request to the community, to raise 10% of the total coins in "donations", was a terrible failure for not only a very small part of the initial request -not even 20% of it- was actually "donated" but those who donated were a very minimal part of the VRC community.

 Pretending therefore that the whole community was behind the idea of "donating" (actually be willing to be paid 10k sat for their coins, at a later time), is just not even close to real.

James has a lot of work to do here if he wants to ever reach the goal of getting the VRC community to pony up 10% to buy into the SuperNET. Things would have to change quite drastically for that goal to be achieved, even with the timeline being quite generous in time... which is something that doesn't work in James' influence's favor, as we have been corroborating of late.

Of course BITVERI will save the day...rotflol

I may have the bull by the horns here but as a investor in SuperNET my understanding is that SuperNET will buy 10% of what ever coin makes it into SuperNET. I have never seen anything about any coin donating

10% of there coin supply. As SuperNET is a work in progress and not a completed project no coins have been purchased as yet. When SuperNET is sorted and running the 10% will be purchased at market rates.

The coins raised already where for the purchase of the Unity/SuperNET asset (at discounted rate). If this is the case then what's the problem.

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October 14, 2014, 10:14:27 PM
 #16586

I find it hilarious that Kevondo, who refused to contribute a dime in massive 20 point font when asked, but now it seems he feels has the right to claim my money and spend it as he wishes in spite of the votes and wishes of the actual people who escrowed the funds and in spite of the wishes of the person we sent the funds to.  
People sent those funds to James, not you.  And James gave them back to the original donators to vote (via how much they donated) and so far 100% of the people voting with their own coins (via the blockchain) have voted to purchase the SuperNET asset UNITY, and yet you still complain.....Kinda shocking actually.

I believe -although I must admit I only understand a % of what he writes- that Kevondo is referring not just to the donations but the funds in the Vericoin Fund. I maybe mistaken, of course.

Now, all this said, it is time for James to recognize that his proposal, and request to the community, to raise 10% of the total coins in "donations", was a terrible failure for not only a very small part of the initial request -not even 20% of it- was actually "donated" but those who donated were a very minimal part of the VRC community.

 Pretending therefore that the whole community was behind the idea of "donating" (actually be willing to be paid 10k sat for their coins, at a later time), is just not even close to real.

James has a lot of work to do here if he wants to ever reach the goal of getting the VRC community to pony up 10% to buy into the SuperNET. Things would have to change quite drastically for that goal to be achieved, even with the timeline being quite generous in time... which is something that doesn't work in James' influence's favor, as we have been corroborating of late.

Of course BITVERI will save the day...rotflol

I may have the bull by the horns here but as a investor in SuperNET my understanding is that SuperNET will buy 10% of what ever coin makes it into SuperNET. I have never seen anything about any coin donating

10% of there coin supply. As SuperNET is a work in progress and not a completed project no coins have been purchased as yet. When SuperNET is sorted and running the 10% will be purchased at market rates.

The coins raised already where for the purchase of the Unity/SuperNET asset (at discounted rate). If this is the case then what's the problem.

Jon  Wink

I don't see any problem. As a matter of fact I was the earliest proponent of investing (in supernet assets) the money "donated" before the price of VRC was UNDER 10k as it was inevitably going to be. It appears it will be done at the lowest possible price? Another brilliant move by our stooges...

Where I see a problem, several in fact, is when it comes top the understanding of what the deal is supposed to be (James changes it more times thann I change my underwear). James/Supernet will buy 10% of VRC and, in exchange, VRC will buy the equivalent in value (not %) in SuperNET. How that is going to happen when only 20% of the intended initial "donations" are raised, it is still a mystery to me...

All this is SEPARATED from whatever DONATION the community decides to award James when and IF the price reaches the thresholds of 50k sat and 100K sat, both of which seem quite a tall order the way things are shaping around the altcoin world these days (within a week, and for an entire month, I believe BRO is going to suck in most of the already very thin liquidity in the entire altcoin scene).

Uh... the BITVERI bit -pun absolutely intended- lasted less than a sushi roll in my plate. Grin Grin Grin
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October 14, 2014, 10:33:21 PM
 #16587

I find it hilarious that Kevondo, who refused to contribute a dime in massive 20 point font when asked, but now it seems he feels has the right to claim my money and spend it as he wishes in spite of the votes and wishes of the actual people who escrowed the funds and in spite of the wishes of the person we sent the funds to.  
People sent those funds to James, not you.  And James gave them back to the original donators to vote (via how much they donated) and so far 100% of the people voting with their own coins (via the blockchain) have voted to purchase the SuperNET asset UNITY, and yet you still complain.....Kinda shocking actually.

I believe -although I must admit I only understand a % of what he writes- that Kevondo is referring not just to the donations but the funds in the Vericoin Fund. I maybe mistaken, of course.

Now, all this said, it is time for James to recognize that his proposal, and request to the community, to raise 10% of the total coins in "donations", was a terrible failure for not only a very small part of the initial request -not even 20% of it- was actually "donated" but those who donated were a very minimal part of the VRC community.

 Pretending therefore that the whole community was behind the idea of "donating" (actually be willing to be paid 10k sat for their coins, at a later time), is just not even close to real.

James has a lot of work to do here if he wants to ever reach the goal of getting the VRC community to pony up 10% to buy into the SuperNET. Things would have to change quite drastically for that goal to be achieved, even with the timeline being quite generous in time... which is something that doesn't work in James' influence's favor, as we have been corroborating of late.

Of course BITVERI will save the day...rotflol

I may have the bull by the horns here but as a investor in SuperNET my understanding is that SuperNET will buy 10% of what ever coin makes it into SuperNET. I have never seen anything about any coin donating

10% of there coin supply. As SuperNET is a work in progress and not a completed project no coins have been purchased as yet. When SuperNET is sorted and running the 10% will be purchased at market rates.

The coins raised already where for the purchase of the Unity/SuperNET asset (at discounted rate). If this is the case then what's the problem.

Jon  Wink

I don't see any problem. As a matter of fact I was the earliest proponent of investing (in supernet assets) the money "donated" before the price of VRC was UNDER 10k as it was inevitably going to be. It appears it will be done at the lowest possible price? Another brilliant move by our stooges...

Where I see a problem, several in fact, is when it comes top the understanding of what the deal is supposed to be (James changes it more times thann I change my underwear). James/Supernet will buy 10% of VRC and, in exchange, VRC will buy the equivalent in value (not %) in SuperNET. How that is going to happen when only 20% of the intended initial "donations" are raised, it is still a mystery to me...

All this is SEPARATED from whatever DONATION the community decides to award James when and IF the price reaches the thresholds of 50k sat and 100K sat, both of which seem quite a tall order the way things are shaping around the altcoin world these days (within a week, and for an entire month, I believe BRO is going to suck in most of the already very thin liquidity in the entire altcoin scene).

Uh... the BITVERI bit -pun absolutely intended- lasted less than a sushi roll in my plate. Grin Grin Grin

I haven't seen anything about accepted coins in SuperNET having to invest back into SuperNET, as for James bonus he put assets into SuperNET and SuperNET owners voted on the whole Bonus issue, no one else.

As you have stated getting the price that far north in the present climate is a tall order, I wish him all the best, as if he does achieve it we will be looking rather good or at least the bottom line will.

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October 14, 2014, 11:23:31 PM
 #16588

Here is a link for our new comer to get a nice information on the superNET topic that is going on here. Just bump it :

https://soundcloud.com/legendface66/beyond-bitcoin-13-one-to-rule-them-all





As it goes for james , the mastermind behind superNET, i did a littlebit of research about him here on BTCtalk. My result is that i cant say that there will be a success for superNET or not, but i noticed that james has very good reputation on in crypto , on every 9th guy here on the forum that can confirm and argue that james is a legit and hardworking guy comes one who is suspicious or a enemy of IPOs (which James used to distribute TOKEN). But no one from from the negativ side could really say that there is something fishy with that guy and that correlates with the fact that all the Assets that he releases sells like hot dogs. It seems like there is a collective of people  , i call it the "Smartmoney"  ,who invested in all that superNET stuff because they know more than the average crypto dude. After diging more into what superNET finally will be , i for myself regret now that i didnt get myself those TOKEN .

To sum it up:

James is legit if it goes of Legitimacypossibility relied on statistical positiv reputation.

As it goes for superNET, it is something worth read about. And than make your own decisions.
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October 15, 2014, 01:03:35 AM
 #16589

Here is a link for our new comer to get a nice information on the superNET topic that is going on here. Just bump it :

https://soundcloud.com/legendface66/beyond-bitcoin-13-one-to-rule-them-all





As it goes for james , the mastermind behind superNET, i did a littlebit of research about him here on BTCtalk. My result is that i cant say that there will be a success for superNET or not, but i noticed that james has very good reputation on in crypto , on every 9th guy here on the forum that can confirm and argue that james is a legit and hardworking guy comes one who is suspicious or a enemy of IPOs (which James used to distribute TOKEN). But no one from from the negativ side could really say that there is something fishy with that guy and that correlates with the fact that all the Assets the releases sells like hot buns. It seems like there is a collective of people  , i call it the "Smartmoney"  ,who invested in all that superNET stuff because they more than the average crypto dude. After diging more into what superNET finally will be , i for myself regret now that i didnt get myself those TOKEN .

To sum it up:

James is legit if it goes of Legitimacypossibility relied on statistical positiv reputation.

As it goes for superNET, it is something worth read about. And than make your own decisions.

It was never a question that James knows what he is doing terms of software development and he knows how to collect money.

The issues are
a) SuperNet is a vaporware (and most likely it will be nothing more than a great idea, good looking software development initiative and money collection instrument for James)
b) SuperNet has no effect whatsoever on the price of VRC
c) James lost his interest in VRC as he realised that the FIAT feature means very little, he knows that SuperNet will gain as much from the FIAT feature as much VRC gained from the FIAT wallet integration (which was zero gain) and the whole VRC association does not worth his time
d) The VRC devs do even less work than they did in the summer - which is a quite amazing as they managed to deliver absolutely nothing during the summer
e) VRC is a hopeless, stagnating, zero progress coin, nothing more than a fork, one from the 500 BTC/LTC clones, which is quite disappointing as we expected a lot more from the PhD students and MS developer

Apart from a-e everything is cool.
 
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October 15, 2014, 01:25:04 AM
 #16590

I find it hilarious that Kevondo, who refused to contribute a dime in massive 20 point font when asked, but now it seems he feels has the right to claim my money and spend it as he wishes in spite of the votes and wishes of the actual people who escrowed the funds and in spite of the wishes of the person we sent the funds to. 
People sent those funds to James, not you.  And James gave them back to the original donators to vote (via how much they donated) and so far 100% of the people voting with their own coins (via the blockchain) have voted to purchase the SuperNET asset UNITY, and yet you still complain.....Kinda shocking actually.

The amount of time that Kev donates to Vericoin is more then your puny donation. Second James did not give it back to the donors but to the community....Yes/No? Also when you get a chance look into the definition of donation.  Third.... how do you know it was 100% of the vote Huh and not 90% or 80% ? I did not see any transparency in the vote I can only trust the people handling the transactions.

Does it shock you every time someone questions something that you feel you are in agreement with ?

Me personally have no interest because I do not donate.... I invest.  I do not have extra money to give away as I live paycheck to paycheck. Try to understand that Kev fought in the war, he is sticking up for you and the community of the coin. Remember he may have a lot more invested then 10 times your VRC honey pot.

When I was new here Barabus had brought up some great points and I was happy that he spoke up because I was thinking many of the things he was saying, he flip/flops and at times he can be a crab apple and thats when I call him out on it Tongue
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October 15, 2014, 03:59:18 AM
 #16591

I find it hilarious that Kevondo, who refused to contribute a dime in massive 20 point font when asked, but now it seems he feels has the right to claim my money and spend it as he wishes in spite of the votes and wishes of the actual people who escrowed the funds and in spite of the wishes of the person we sent the funds to. 
People sent those funds to James, not you.  And James gave them back to the original donators to vote (via how much they donated) and so far 100% of the people voting with their own coins (via the blockchain) have voted to purchase the SuperNET asset UNITY, and yet you still complain.....Kinda shocking actually.

The amount of time that Kev donates to Vericoin is more then your puny donation. Second James did not give it back to the donors but to the community....Yes/No? Also when you get a chance look into the definition of donation.  Third.... how do you know it was 100% of the vote Huh and not 90% or 80% ? I did not see any transparency in the vote I can only trust the people handling the transactions.

Does it shock you every time someone questions something that you feel you are in agreement with ?

Me personally have no interest because I do not donate.... I invest.  I do not have extra money to give away as I live paycheck to paycheck. Try to understand that Kev fought in the war, he is sticking up for you and the community of the coin. Remember he may have a lot more invested then 10 times your VRC honey pot.

When I was new here Barabus had brought up some great points and I was happy that he spoke up because I was thinking many of the things he was saying, he flip/flops and at times he can be a crab apple and thats when I call him out on it Tongue

I guess Barabus is me, Loon? I haven't EVER flip/flopped, whatever your perception is. MY perception of what Kevondo does is just a self-serving hobby that in no way whatsoever benefits VRC. He does it for himself, no practical result, either way, for VRC. And I don't believe anyone cares who and what Kevondo is/has been in his personal life.

As for James, I have been a staunch supporter of his connection to VRC since minute one. Not for any other reason, initially, that ANYTHING at all whatsoever could only be beneficial for VRC which was doomed to go straight to the ground in view of the nil ability of the stooges to bring any progress at all to the project. AFTER researching James and kind of understanding his future use of VRC, I remained completely supportive because, frankly, he's the only engine behind VRC and he's the only possibility, whatever remote, of the valuation increasing at some point. I was proven right and his initial implication almost instantly doubled the price... in spite of what I was astounded by the incredible lack of brains/will of the community at large to give (to themselves, mind you) 10% of their coins... They have just doubled the price and value of their wallets instantly and yet wouldn't anticipate a donation which was guaranteed to bring them almost 30% more than the price was before James came in. That told me that the large community here, like in many other coins, is just a shitty, very shitty one. Kudos to the ones that gave, very few but, in some cases, above the 10% threshold. That is the ONLY comunity worth speaking of here; the rest, leeches.

As for James' reputation, the guy has to be a veritable saint to be able to keep the reputation that he has in the cesspool of vipers that the digital currency. That, besides the fact that he is as capable as anyone on the tech side and probably the most envied person in crypto. Again, that he retains almost pristine reputation in the world of crypto, is simply unbelievable.

Taking all this into consideration, I fully support James in and out of VRC but not fully supporting him within VRC, with no reservations whatsoever, is, in my opinion, simply dumb.
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October 15, 2014, 04:01:49 AM
 #16592

Here is a link for our new comer to get a nice information on the superNET topic that is going on here. Just bump it :

https://soundcloud.com/legendface66/beyond-bitcoin-13-one-to-rule-them-all





As it goes for james , the mastermind behind superNET, i did a littlebit of research about him here on BTCtalk. My result is that i cant say that there will be a success for superNET or not, but i noticed that james has very good reputation on in crypto , on every 9th guy here on the forum that can confirm and argue that james is a legit and hardworking guy comes one who is suspicious or a enemy of IPOs (which James used to distribute TOKEN). But no one from from the negativ side could really say that there is something fishy with that guy and that correlates with the fact that all the Assets the releases sells like hot buns. It seems like there is a collective of people  , i call it the "Smartmoney"  ,who invested in all that superNET stuff because they more than the average crypto dude. After diging more into what superNET finally will be , i for myself regret now that i didnt get myself those TOKEN .

To sum it up:

James is legit if it goes of Legitimacypossibility relied on statistical positiv reputation.

As it goes for superNET, it is something worth read about. And than make your own decisions.

It was never a question that James knows what he is doing terms of software development and he knows how to collect money.

The issues are
a) SuperNet is a vaporware (and most likely it will be nothing more than a great idea, good looking software development initiative and money collection instrument for James)
b) SuperNet has no effect whatsoever on the price of VRC
c) James lost his interest in VRC as he realised that the FIAT feature means very little, he knows that SuperNet will gain as much from the FIAT feature as much VRC gained from the FIAT wallet integration (which was zero gain) and the whole VRC association does not worth his time
d) The VRC devs do even less work than they did in the summer - which is a quite amazing as they managed to deliver absolutely nothing during the summer
e) VRC is a hopeless, stagnating, zero progress coin, nothing more than a fork, one from the 500 BTC/LTC clones, which is quite disappointing as we expected a lot more from the PhD students and MS developer

Apart from a-e everything is cool.
 

 I do appreciate your right to express your opinion, however if you believe what you posted why are even here?  We're all big boys and girls now and can think for ourselves, maybe crypto is not the place for you

it's extremely volatile by nature and many days worth of gain can disappear overnight. If you don't like the ride you should just get off.

Jon  Wink

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October 15, 2014, 04:26:34 AM
 #16593

RELATIVELY OFF-TOPIC

In 7 days, there's going to be a huge rush in crypto to participate in an ICO that is going to make history: BRO. Huge amounts of BTC, in the thousand per day, probably even more are going to be sucked in there eliminating, de facto, the already extremely thin liquidity if the crypto-alts market. EVERY COIN will be affected, including, of course, VRC. In more or less measure, even the most established coins will see liquidity leaving and investors leaving to be able to participate in BRO.

For full disclosure, I believe BRO is an idea as simple as brilliant destined to be an instant success the likes of which have never been seen in digital currencies. In the short term and especially in the longer run, it can be extremely profitable for the demand is guaranteed. BUT everyone should be aware that the issuers of BRO will be left is a position of an extremely huge whale, and as such, will be able to manipulate the price in their benefit as they please. They will start collecting BRO from their games from day one, adding to their already huge stack of the coin. They can easy -and fully LEGALLY- stage big dumps in order to purchase BROs that they are going to need always at much lower prices. Rinse and repeat. As a matter of fact, it should be a strategy for them in order to maximize profits from the get go. Be aware that BRO are just chips, nothing else. The casino needs them all the time for they have to convert FIAT to them. But, in the  beginning and in the end, what they need, to support the profits of Brakout gaming, the COMPANY behind BRO, is FIAT, lots of it.

The reason I post this semi-off topic here is to prepare everyone for a possible temporary downside in VRC's price during the long month the IPO of BRO is going to last. Also, whether or no you want to participate in BRO, be aware that, besides VRC, every established and non-established coin's price will be affected, perhaps severely. Many already are. It will get MUCH worse, in my estimations. Therefore, beyond BRO, there will be many opportunities to buy artificially cheap into many cryptos, more than probably, if you are so inclined, into VRC too.

So be aware of the macro influences that are already affecting the markets BUT, by all means, please do your own diligence.
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October 15, 2014, 05:08:42 AM
 #16594

I guess thats what I get for giving you a little credit barabus lol w/e. Yes I am well aware of James and am a firm believer in his work. I INVESTED 50% of all my VRC in the SuperNET and very happy I did because it introduced me to a world of poeple that are simply amazing. Especially NXT people very libertarian. And as for my statement regarding Kev they were not towards you but DRKMAN who is not putting himself in the communities shoes as Kev is. Even though they both have vaild points

I continue to gather SuperNET everytime I get a few bucks, I live in NYC. These Jerk Offs are talking regulations. Putting their hands in my cookie jar once too many times. I believe decentralization is key, it needs to come faster. This is my way of fighting back, I realize I will never get rich off supernet but at least I can be a passenger on the train that its moving so quick it cannot be stopped. Smiley Cheers
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October 15, 2014, 05:28:07 AM
 #16595

RELATIVELY OFF-TOPIC

In 7 days, there's going to be a huge rush in crypto to participate in an ICO that is going to make history: BRO. Huge amounts of BTC, in the thousand per day, probably even more are going to be sucked in there eliminating, de facto, the already extremely thin liquidity if the crypto-alts market. EVERY COIN will be affected, including, of course, VRC. In more or less measure, even the most established coins will see liquidity leaving and investors leaving to be able to participate in BRO.

For full disclosure, I believe BRO is an idea as simple as brilliant destined to be an instant success the likes of which have never been seen in digital currencies. In the short term and especially in the longer run, it can be extremely profitable for the demand is guaranteed. BUT everyone should be aware that the issuers of BRO will be left is a position of an extremely huge whale, and as such, will be able to manipulate the price in their benefit as they please. They will start collecting BRO from their games from day one, adding to their already huge stack of the coin. They can easy -and fully LEGALLY- stage big dumps in order to purchase BROs that they are going to need always at much lower prices. Rinse and repeat. As a matter of fact, it should be a strategy for them in order to maximize profits from the get go. Be aware that BRO are just chips, nothing else. The casino needs them all the time for they have to convert FIAT to them. But, in the  beginning and in the end, what they need, to support the profits of Brakout gaming, the COMPANY behind BRO, is FIAT, lots of it.

The reason I post this semi-off topic here is to prepare everyone for a possible temporary downside in VRC's price during the long month the IPO of BRO is going to last. Also, whether or no you want to participate in BRO, be aware that, besides VRC, every established and non-established coin's price will be affected, perhaps severely. Many already are. It will get MUCH worse, in my estimations. Therefore, beyond BRO, there will be many opportunities to buy artificially cheap into many cryptos, more than probably, if you are so inclined, into VRC too.

So be aware of the macro influences that are already affecting the markets BUT, by all means, please do your own diligence.

I appreciate the heads up barab, I also heard the same thing about BRO. Many people talking about it in crypto and in my outside circle of geeks. I work in a large IT department Tongue. Low prices are just good entrance points for new investors as far as I am concerned.
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October 15, 2014, 05:31:33 AM
 #16596

RELATIVELY OFF-TOPIC

In 7 days, there's going to be a huge rush in crypto to participate in an ICO that is going to make history: BRO. Huge amounts of BTC, in the thousand per day, probably even more are going to be sucked in there eliminating, de facto, the already extremely thin liquidity if the crypto-alts market. EVERY COIN will be affected, including, of course, VRC. In more or less measure, even the most established coins will see liquidity leaving and investors leaving to be able to participate in BRO.

For full disclosure, I believe BRO is an idea as simple as brilliant destined to be an instant success the likes of which have never been seen in digital currencies. In the short term and especially in the longer run, it can be extremely profitable for the demand is guaranteed. BUT everyone should be aware that the issuers of BRO will be left is a position of an extremely huge whale, and as such, will be able to manipulate the price in their benefit as they please. They will start collecting BRO from their games from day one, adding to their already huge stack of the coin. They can easy -and fully LEGALLY- stage big dumps in order to purchase BROs that they are going to need always at much lower prices. Rinse and repeat. As a matter of fact, it should be a strategy for them in order to maximize profits from the get go. Be aware that BRO are just chips, nothing else. The casino needs them all the time for they have to convert FIAT to them. But, in the  beginning and in the end, what they need, to support the profits of Brakout gaming, the COMPANY behind BRO, is FIAT, lots of it.

The reason I post this semi-off topic here is to prepare everyone for a possible temporary downside in VRC's price during the long month the IPO of BRO is going to last. Also, whether or no you want to participate in BRO, be aware that, besides VRC, every established and non-established coin's price will be affected, perhaps severely. Many already are. It will get MUCH worse, in my estimations. Therefore, beyond BRO, there will be many opportunities to buy artificially cheap into many cryptos, more than probably, if you are so inclined, into VRC too.

So be aware of the macro influences that are already affecting the markets BUT, by all means, please do your own diligence.

I appreciate the heads up barab, I also heard the same thing about BRO. Many people talking about it in crypto and in my outside circle of geeks. I work in a large IT department Tongue. Low prices are just good entrance points for new investors as far as I am concerned.

Price won't be low loon. And it won't be know until the end of the ICO...

The key to long term profits is in the Bergstake asset though. The mining is going to be massive also. MASSIVE.
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October 15, 2014, 10:31:52 AM
 #16597

here is my comment. my observations. and my silence.

https://bitcointalk.org/index.php?topic=824211.msg9208802#msg9208802

without moolah i see vrc rising once more.
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October 15, 2014, 11:19:05 AM
 #16598

RELATIVELY OFF-TOPIC

In 7 days, there's going to be a huge rush in crypto to participate in an ICO that is going to make history: BRO. Huge amounts of BTC, in the thousand per day, probably even more are going to be sucked in there eliminating, de facto, the already extremely thin liquidity if the crypto-alts market. EVERY COIN will be affected, including, of course, VRC. In more or less measure, even the most established coins will see liquidity leaving and investors leaving to be able to participate in BRO.

For full disclosure, I believe BRO is an idea as simple as brilliant destined to be an instant success the likes of which have never been seen in digital currencies. In the short term and especially in the longer run, it can be extremely profitable for the demand is guaranteed. BUT everyone should be aware that the issuers of BRO will be left is a position of an extremely huge whale, and as such, will be able to manipulate the price in their benefit as they please. They will start collecting BRO from their games from day one, adding to their already huge stack of the coin. They can easy -and fully LEGALLY- stage big dumps in order to purchase BROs that they are going to need always at much lower prices. Rinse and repeat. As a matter of fact, it should be a strategy for them in order to maximize profits from the get go. Be aware that BRO are just chips, nothing else. The casino needs them all the time for they have to convert FIAT to them. But, in the  beginning and in the end, what they need, to support the profits of Brakout gaming, the COMPANY behind BRO, is FIAT, lots of it.

The reason I post this semi-off topic here is to prepare everyone for a possible temporary downside in VRC's price during the long month the IPO of BRO is going to last. Also, whether or no you want to participate in BRO, be aware that, besides VRC, every established and non-established coin's price will be affected, perhaps severely. Many already are. It will get MUCH worse, in my estimations. Therefore, beyond BRO, there will be many opportunities to buy artificially cheap into many cryptos, more than probably, if you are so inclined, into VRC too.

So be aware of the macro influences that are already affecting the markets BUT, by all means, please do your own diligence.

I appreciate the heads up barab, I also heard the same thing about BRO. Many people talking about it in crypto and in my outside circle of geeks. I work in a large IT department Tongue. Low prices are just good entrance points for new investors as far as I am concerned.

Price won't be low loon. And it won't be know until the end of the ICO...

The key to long term profits is in the Bergstake asset though. The mining is going to be massive also. MASSIVE.
I read all of there thread I don't know why anyone would want to join a poker site (other games to be released when ever) to play against pro's with a 5% house edge. Uncapped price / limited supply ICO plus huge premine

I don't think they will take a lot of "Old Cyrpto Money" . They might skin a few newbies, but you can't do much to prevent that.

Jon  Wink

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October 15, 2014, 02:20:39 PM
 #16599

here is my comment. my observations. and my silence.

https://bitcointalk.org/index.php?topic=824211.msg9208802#msg9208802

without moolah i see vrc rising once more.

Been taking out all of the large sellers all of last night & this morning. Smiley Won't take much for VRC to rise.

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October 15, 2014, 03:57:15 PM
 #16600

Here is a link for our new comer to get a nice information on the superNET topic that is going on here. Just bump it :

https://soundcloud.com/legendface66/beyond-bitcoin-13-one-to-rule-them-all





As it goes for james , the mastermind behind superNET, i did a littlebit of research about him here on BTCtalk. My result is that i cant say that there will be a success for superNET or not, but i noticed that james has very good reputation on in crypto , on every 9th guy here on the forum that can confirm and argue that james is a legit and hardworking guy comes one who is suspicious or a enemy of IPOs (which James used to distribute TOKEN). But no one from from the negativ side could really say that there is something fishy with that guy and that correlates with the fact that all the Assets the releases sells like hot buns. It seems like there is a collective of people  , i call it the "Smartmoney"  ,who invested in all that superNET stuff because they more than the average crypto dude. After diging more into what superNET finally will be , i for myself regret now that i didnt get myself those TOKEN .

To sum it up:

James is legit if it goes of Legitimacypossibility relied on statistical positiv reputation.

As it goes for superNET, it is something worth read about. And than make your own decisions.

It was never a question that James knows what he is doing terms of software development and he knows how to collect money.

The issues are
a) SuperNet is a vaporware (and most likely it will be nothing more than a great idea, good looking software development initiative and money collection instrument for James)
b) SuperNet has no effect whatsoever on the price of VRC
c) James lost his interest in VRC as he realised that the FIAT feature means very little, he knows that SuperNet will gain as much from the FIAT feature as much VRC gained from the FIAT wallet integration (which was zero gain) and the whole VRC association does not worth his time
d) The VRC devs do even less work than they did in the summer - which is a quite amazing as they managed to deliver absolutely nothing during the summer
e) VRC is a hopeless, stagnating, zero progress coin, nothing more than a fork, one from the 500 BTC/LTC clones, which is quite disappointing as we expected a lot more from the PhD students and MS developer

Apart from a-e everything is cool.
 

 I do appreciate your right to express your opinion, however if you believe what you posted why are even here?  We're all big boys and girls now and can think for ourselves, maybe crypto is not the place for you

it's extremely volatile by nature and many days worth of gain can disappear overnight. If you don't like the ride you should just get off.

Jon  Wink

Firstly, the usual cheerleader reaction - like yours - to any not hurrah comment and your personal remarks are not surprising - when you hear the facts about VRC as you can't handle the truth you answer with personal remarks why we here, why we not elsewhere, etc.

Secondly you wrong even about the state and current affairs of VRC. Vericoin is not volatile and we are obviously not on a ride. This coin has been in around the 10k range for months, it is not volatile at all and you can have a better ride on a dead horse  than on this stagnating coin.


 
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