Bitcoin Forum
December 14, 2017, 11:09:48 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 ... 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 [885] 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 ... 964 »
  Print  
Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346435 times)
warr1979
Hero Member
*****
Offline Offline

Activity: 497


INS Ecosystem


View Profile
July 21, 2016, 01:46:45 PM
 #17681

I'm having some difficulty understanding the phase 2 distribution language "18 days with 10 VRC/VRM minimum price OR your share of total VRC raised is your fraction of 350,000 VRM." Does this mean the amount of VRC accepted in phase 2 will be unlimited? And if so, wouldn't that make the buy-in price potentially far worse than 10 VRC/VRM?

Also, will VRM be on exchanges later, or only by swap in the wallet?

Thank you.


Yes it can be higher then 10-1.  But that being said like @effectstocause said on the vericoin forum "Also I think 10:1 is already an implicit discount because the supply ratio between VRC and VRM at launch will actually be ~30:1 while mining brings it towards the final 10:1 supply ratio over time". Remember this is going to take YEARS!!


███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █

█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
●  Whitepaper
●  ANN Thread
●  Reddit
●  Telegram
●  Twitter
●  Facebook

███
███
███
███
███
███
███
███
███
███
███
███
███
1513249788
Hero Member
*
Offline Offline

Posts: 1513249788

View Profile Personal Message (Offline)

Ignore
1513249788
Reply with quote  #2

1513249788
Report to moderator
1513249788
Hero Member
*
Offline Offline

Posts: 1513249788

View Profile Personal Message (Offline)

Ignore
1513249788
Reply with quote  #2

1513249788
Report to moderator
1513249788
Hero Member
*
Offline Offline

Posts: 1513249788

View Profile Personal Message (Offline)

Ignore
1513249788
Reply with quote  #2

1513249788
Report to moderator
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513249788
Hero Member
*
Offline Offline

Posts: 1513249788

View Profile Personal Message (Offline)

Ignore
1513249788
Reply with quote  #2

1513249788
Report to moderator
1513249788
Hero Member
*
Offline Offline

Posts: 1513249788

View Profile Personal Message (Offline)

Ignore
1513249788
Reply with quote  #2

1513249788
Report to moderator
MAD945
Hero Member
*****
Offline Offline

Activity: 546



View Profile
July 21, 2016, 07:18:47 PM
 #17682

I'm having some difficulty understanding the phase 2 distribution language "18 days with 10 VRC/VRM minimum price OR your share of total VRC raised is your fraction of 350,000 VRM." Does this mean the amount of VRC accepted in phase 2 will be unlimited? And if so, wouldn't that make the buy-in price potentially far worse than 10 VRC/VRM?

Also, will VRM be on exchanges later, or only by swap in the wallet?

Thank you.


Yes it can be higher then 10-1.  But that being said like @effectstocause said on the vericoin forum "Also I think 10:1 is already an implicit discount because the supply ratio between VRC and VRM at launch will actually be ~30:1 while mining brings it towards the final 10:1 supply ratio over time". Remember this is going to take YEARS!!

I believe it will be a swap through wallet, but will be able to send to exchange as well
souljah1h
Legendary
*
Offline Offline

Activity: 1092


Hyperspace snail


View Profile WWW
July 21, 2016, 08:23:18 PM
 #17683

effectsToCause Admin 22:08

Approximate average ICO phase 1 investment amount is 10k VRC.

_@/'
warr1979
Hero Member
*****
Offline Offline

Activity: 497


INS Ecosystem


View Profile
July 21, 2016, 09:01:25 PM
 #17684

effectsToCause Admin 22:08

Approximate average ICO phase 1 investment amount is 10k VRC.


Wow all the "whales" must of been starving!! 😒😒...lol


███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █

█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
●  Whitepaper
●  ANN Thread
●  Reddit
●  Telegram
●  Twitter
●  Facebook

███
███
███
███
███
███
███
███
███
███
███
███
███
mybitcoin101
Sr. Member
****
Offline Offline

Activity: 364


View Profile
July 22, 2016, 03:22:56 AM
 #17685

can anyone share with me what utility vericoin has,

thanks
jd1959
Hero Member
*****
Offline Offline

Activity: 512


I'm on drugs, what's your excuse?


View Profile
July 22, 2016, 03:43:20 AM
 #17686

Come on guys suck it up.....there will be future opportunities to invest......just remember Due Diligence is everyone's personal responsibility.

Cheers Jon  Wink     

          dICO Disguised Instant Cash Out
souljah1h
Legendary
*
Offline Offline

Activity: 1092


Hyperspace snail


View Profile WWW
July 22, 2016, 07:48:59 AM
 #17687

can anyone share with me what utility vericoin has,

thanks
What did you find out yourself? Just curious.

_@/'
warr1979
Hero Member
*****
Offline Offline

Activity: 497


INS Ecosystem


View Profile
July 22, 2016, 02:01:10 PM
 #17688

can anyone share with me what utility vericoin has,

thanks

This was to be part of the press release.

Vericoin is a PoST coin established on May 2014 by Douglas Pike, Patrick Nosker and David Bohem. With one second transactions, sixty second confirmations, a multitude of features such as VeriBit, VeriSend, a BIP32 Lite Android Wallet and a very user friendly Desktop Wallet, VeriCoin is a much quicker, more intuitive, more efficient Peer to Peer Digital Currency than any traditional banking system or even Crypto Currency in existence - including Bitcoin.


███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █
███ █ █

█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
█ █ ███
●  Whitepaper
●  ANN Thread
●  Reddit
●  Telegram
●  Twitter
●  Facebook

███
███
███
███
███
███
███
███
███
███
███
███
███
effectsToCause
Hero Member
*****
Offline Offline

Activity: 757

VeriCoin Creator/Developer


View Profile WWW
July 22, 2016, 03:30:57 PM
 #17689

https://www.vericoinforums.com/threads/first-use-of-marketing-funding-prior-to-phase-2-of-ico.1351/
WhoCaresCoins
Hero Member
*****
Offline Offline

Activity: 591

Stratis Supportor


View Profile
July 22, 2016, 04:13:45 PM
 #17690

effectsToCause Admin 22:08

Approximate average ICO phase 1 investment amount is 10k VRC.


Wow all the "whales" must of been starving!! 😒😒...lol

So what? What did you try to mean?
MAD945
Hero Member
*****
Offline Offline

Activity: 546



View Profile
July 22, 2016, 05:53:55 PM
 #17691

Bittrex has approached the Dev's to offer a VRC/VRM trading pair on their exchange Cool
MAD945
Hero Member
*****
Offline Offline

Activity: 546



View Profile
July 22, 2016, 05:56:36 PM
 #17692

effectsToCause Admin 22:08

Approximate average ICO phase 1 investment amount is 10k VRC.


Wow all the "whales" must of been starving!! 😒😒...lol

So what? What did you try to mean?

People where claiming that there where only whales buying large quantities of Verium during Phase 1, if the average buy was 10k VRC we can assume that it was larger quantity of people buying smaller amounts
souljah1h
Legendary
*
Offline Offline

Activity: 1092


Hyperspace snail


View Profile WWW
July 22, 2016, 06:52:43 PM
 #17693

Bittrex has approached the Dev's to offer a VRC/VRM trading pair on their exchange Cool
Where did you read this?

_@/'
HellSpawn.
Member
**
Offline Offline

Activity: 69


View Profile
July 22, 2016, 07:15:45 PM
 #17694

How many Phases the ICO HAVE? Huh
MAD945
Hero Member
*****
Offline Offline

Activity: 546



View Profile
July 22, 2016, 08:03:47 PM
 #17695

Bittrex has approached the Dev's to offer a VRC/VRM trading pair on their exchange Cool
Where did you read this?

Sorry let me rephrase this, bittrex wanted to talk about VRM/VRC pairing. Can't find the twitter reply
souljah1h
Legendary
*
Offline Offline

Activity: 1092


Hyperspace snail


View Profile WWW
July 22, 2016, 08:17:21 PM
 #17696

How many Phases the ICO HAVE? Huh
2 Phases. Phase 1 is over, Phase 2 is coming. Countdown to Phase 2 here http://www.vericoin.info/ico.html

_@/'
HellSpawn.
Member
**
Offline Offline

Activity: 69


View Profile
July 22, 2016, 09:43:28 PM
 #17697

How many Phases the ICO HAVE? Huh
2 Phases. Phase 1 is over, Phase 2 is coming. Countdown to Phase 2 here http://www.vericoin.info/ico.html
Thank you for the clarification!
MAD945
Hero Member
*****
Offline Offline

Activity: 546



View Profile
July 22, 2016, 09:55:34 PM
 #17698

How many Phases the ICO HAVE? Huh
2 Phases. Phase 1 is over, Phase 2 is coming. Countdown to Phase 2 here http://www.vericoin.info/ico.html

How much VRM will be available in Phase 2?
effectsToCause
Hero Member
*****
Offline Offline

Activity: 757

VeriCoin Creator/Developer


View Profile WWW
July 22, 2016, 10:21:19 PM
 #17699

How many Phases the ICO HAVE? Huh
2 Phases. Phase 1 is over, Phase 2 is coming. Countdown to Phase 2 here http://www.vericoin.info/ico.html

How much VRM will be available in Phase 2?

Another 350k is available in second phase. If less than 3.5m VRC come in, then due to the 10 VRC/VRM minimum, less than 350k will be sold.  In which case it will be even more scarce than 30x lower supply initially. Will take ~5 years minimum to reach 10x lower supply parity than VeriCoin via mining. So 10 VRC/VRM is also a very good deal for a very scarce reserve with a novel protocol.
SEABOND
Full Member
***
Offline Offline

Activity: 129

http://tinyurl.com/pykjk93


View Profile WWW
July 22, 2016, 10:37:36 PM
 #17700

How many Phases the ICO HAVE? Huh
2 Phases. Phase 1 is over, Phase 2 is coming. Countdown to Phase 2 here http://www.vericoin.info/ico.html

How much VRM will be available in Phase 2?

Another 350k is available in second phase. If less than 3.5m VRC come in, then due to the 10 VRC/VRM minimum, less than 350k will be sold.  In which case it will be even more scarce than 30x lower supply initially. Will take ~5 years minimum to reach 10x lower supply parity than VeriCoin via mining. So 10 VRC/VRM is also a very good deal for a very scarce reserve with a novel protocol.

um, what is the difference between VRC and VRM? you can buy VRC from POLO but no VRM??  Huh Huh

HASH2COINS The Best ASIC Friendly Scrypt Multipool, 0% FEE. Mine now @ http://tinyurl.com/pykjk93
Pages: « 1 ... 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 [885] 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 ... 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!