[ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released

[jd1959]

Hi @Alben........ You can check my post history...... I never complain about the price/value of anything.....it is what it is..... I don't own any VRC never owned any VRM....I've sold out some time ago(VRC) and am very

happy  with my profit. I do believe that digital currency is here to stay, and that there will be some very smart features introduced at some stage. My bitch is about too many ICO's that promise but never/under

deliver. The majority of Alts have no/limited use apart from trading. As a trader I accept my loss's and try to learn from them, I have never shouted angrily that I need a pump to get out. As for emotional/attachment

issues I care only about profit...if I see a good enough price move I sell everything and move on to the next opportunity....anything else would be madness. Happy trading to all...just don't believe the hype

Cheers Jon  

[Alben]

Hi @Alben........ You can check my post history...... I never complain about the price/value of anything.....it is what it is..... I don't own any VRC never owned any VRM....I've sold out some time ago(VRC) and am very

happy  with my profit. I do believe that digital currency is here to stay, and that there will be some very smart features introduced at some stage. My bitch is about too many ICO's that promise but never/under

deliver. The majority of Alts have no/limited use apart from trading. As a trader I accept my loss's and try to learn from them, I have never shouted angrily that I need a pump to get out. As for emotional/attachment

issues I care only about profit...if I see a good enough price move I sell everything and move on to the next opportunity....anything else would be madness. Happy trading to all...just don't believe the hype

Cheers Jon  

I respect that and just to be clear I wasn't meaning you about emotion and wanting to just pump etc.  I got into vrc a few months ago and was lucky to sell some at 17000 Satoshi.  I typically range trade because the spreads are so high it's crazy profitable for those who can be patient with certain trades.  I understand critiquing ICOs.  Maybe Verium shouldn't have been an ICO..idk.  I know that one of Vericoin's struggles is having no marketing.  So it becomes a catch 22.  If there is zero hype, there is unfortunately much less chance of aspects of the technology being properly recognized for issues they solve.  Ideally the hype comes from users but you have to market to even have a chance to eventually have a user base.  I encourage people to do their own research and to trade without emotion.  I want people to invest in VeriCoin because I think it has some unique and brilliant (and necessary) components to the future of decentralized money, and awkwardly enough it takes investments and a growing market cap to be on people's radar. But I highly discourage anyone from investing more than a small amount.  At this stage it's essentially priced like a penny stock.  As much as I like the specifics, the market cap is what it is.  If the price goes to zero tomorrow I would of course lose money, wish the devs well in life, and go on investing and staying diversified.  For now the technology is still being developed and while there are low priced coins they are not dead at all from a development side.

[RJF19]

Hi @Alben........ You can check my post history...... I never complain about the price/value of anything.....it is what it is..... I don't own any VRC never owned any VRM....I've sold out some time ago(VRC) and am very

happy  with my profit. I do believe that digital currency is here to stay, and that there will be some very smart features introduced at some stage. My bitch is about too many ICO's that promise but never/under

deliver. The majority of Alts have no/limited use apart from trading. As a trader I accept my loss's and try to learn from them, I have never shouted angrily that I need a pump to get out. As for emotional/attachment

issues I care only about profit...if I see a good enough price move I sell everything and move on to the next opportunity....anything else would be madness. Happy trading to all...just don't believe the hype

Cheers Jon  

I respect that and just to be clear I wasn't meaning you about emotion and wanting to just pump etc.  I got into vrc a few months ago and was lucky to sell some at 17000 Satoshi.  I typically range trade because the spreads are so high it's crazy profitable for those who can be patient with certain trades.  I understand critiquing ICOs.  Maybe Verium shouldn't have been an ICO..idk.  I know that one of Vericoin's struggles is having no marketing.  So it becomes a catch 22.  If there is zero hype, there is unfortunately much less chance of aspects of the technology being properly recognized for issues they solve.  Ideally the hype comes from users but you have to market to even have a chance to eventually have a user base.  I encourage people to do their own research and to trade without emotion.  I want people to invest in VeriCoin because I think it has some unique and brilliant (and necessary) components to the future of decentralized money, and awkwardly enough it takes investments and a growing market cap to be on people's radar. But I highly discourage anyone from investing more than a small amount.  At this stage it's essentially priced like a penny stock.  As much as I like the specifics, the market cap is what it is.  If the price goes to zero tomorrow I would of course lose money, wish the devs well in life, and go on investing and staying diversified.  For now the technology is still being developed and while there are low priced coins they are not dead at all from a development side.

Very well said. It is so self depreciating when people come into a forum claiming to own a stake in whatever coin and then, start bashing the Devs, the marketing, the development, etc. If they REALLY owned any doesn't logic dictate that they not TRY to drive the price down by bashing the product? Or, is that the point? Drive it down and buy, remain silent and sell? In reality, all you have to do is buy in, keep silent and wait. But of course, human nature prevents that from happening.

Makes one think they are all trolls. If I had a problem with the Devs I would PM them and work it out, not air my complaints and accusations in public for all to see. Oh well, no accounting for human nature...

 

[effectsToCause]

VeriCoin 1.6.5.2 is now available via check for update in the help menu or www.vericoin.info

This is a maintenance update that improves syncing speed and reduces number of inputs while staking, for better performance overall but especially on large wallets. Additionally this update further improves staking efficiency. It also adds the new dnsseeder address and improves staking indicators in the user-interface.

[Majormax]

VeriCoin 1.6.5.2 is now available via check for update in the help menu or www.vericoin.info

This is a maintenance update that improves syncing speed and reduces number of inputs while staking, for better performance overall but especially on large wallets. Additionally this update further improves staking efficiency. It also adds the new dnsseeder address and improves staking indicators in the user-interface.

Another good step forward, thanks for the update.

[Majormax]

Hi @Alben........ You can check my post history...... I never complain about the price/value of anything.....it is what it is..... I don't own any VRC never owned any VRM....I've sold out some time ago(VRC) and am very

happy  with my profit. I do believe that digital currency is here to stay, and that there will be some very smart features introduced at some stage. My bitch is about too many ICO's that promise but never/under

deliver. The majority of Alts have no/limited use apart from trading. As a trader I accept my loss's and try to learn from them, I have never shouted angrily that I need a pump to get out. As for emotional/attachment

issues I care only about profit...if I see a good enough price move I sell everything and move on to the next opportunity....anything else would be madness. Happy trading to all...just don't believe the hype

Cheers Jon  

The trading of alts attracts a lot of new capital over time, with the lure of profit, thus helping distribution of the eventual winners. . What you say is quite logical.. However, there have been or will be in future, a small number of blockchains that thrive and reach real world application status. The coins which still have ongoing development, especially those with a novel structure, are in with a chance, although most will not make it and , as you say, are just trading counters (in hindsight). Traders focussing only on profit are an important part of a liquid market, I would agree, but the big winners will go through a long series of price inflation moves, and it would not be madness to retain some proportion indefinitely. It is hard to predict where evolution goes, and how.

I believe that VRC and VRM are among the shortlist of, perhaps a few dozen that have that possibility. Crypto is , even now, still in its early stages.

Just interested to know trading mindsets : If you dont own any VRC now, what makes you interested in continuing to follow it ?  For myself, once I have sold out of a coin, I dont post on its thread, because there are more than enough new opportunities to investigate.  What might motivate you to buy VRC again ?

[jd1959]

Hi @Majormax.......my mindset is watching price fluctuations and trading volumes ........ I do my own calculations and look to buy in low, close to the bottom. I find that if I'm close to correct I make A good percentage

of profit ..if I'm wrong it's usually down the drain and dead coin and I'm lucky to get back much of my investment. I watch many threads just to get a feel of what's going on, I sometimes can't help myself when I see

Fanboys hyping something and just fire off a broadside (nobody told me I couldn't have a bit of fun). As for buying more VRC it's getting close to my calculated buy in price

Cheers Jon

[Majormax]

Hi @Majormax.......my mindset is watching price fluctuations and trading volumes ........ I do my own calculations and look to buy in low, close to the bottom. I find that if I'm close to correct I make A good percentage

of profit ..if I'm wrong it's usually down the drain and dead coin and I'm lucky to get back much of my investment. I watch many threads just to get a feel of what's going on, I sometimes can't help myself when I see

Fanboys hyping something and just fire off a broadside (nobody told me I couldn't have a bit of fun). As for buying more VRC it's getting close to my calculated buy in price

Cheers Jon

OK, thanks for the reply !

I agree about the 'fanboy' comments. You will nearly always get abuse for critical comments. Quite often the real koolaid drinkers cannot distinguish constructive criticism from outright trolling.

[souljah1h]

VeriCoin 1.6.5.2 is now available via check for update in the help menu or www.vericoin.info

This is a maintenance update that improves syncing speed and reduces number of inputs while staking, for better performance overall but especially on large wallets. Additionally this update further improves staking efficiency. It also adds the new dnsseeder address and improves staking indicators in the user-interface.

https://www.vericoinforums.com/threads/vericoin-1-6-5-2-released.1454/

[bitChipper]

37.94% APR?

What's going on?

[blackfan73]

My new wallet 1.6.5.2 still syncing,not staking about 16 hours.
I have18 connections.What should I do ?

[RJF19]

My new wallet 1.6.5.2 still syncing,not staking about 16 hours.
I have18 connections.What should I do ?

I would say, as long as it's moving forward, just wait. Lots of history to download...

[bitChipper]

i see a fork, anybody else ?

How can you tell it's a fork? I can tell something isn't right, wallet acting weird and the interest rate jacked up to 42% for some reason.

[bitChipper]

i see a fork, anybody else ?

How can you tell it's a fork? I can tell something isn't right, wallet acting weird and the interest rate jacked up to 42% for some reason.

several nodes on one chain, several on the other, 0.16.5.2 is not friendly to 0.16.5.0

https://www.vericoinforums.com/threads/stake-your-vericoin.1016/page-21#post-21776

will probably be another update today

[innominatus]

DEV, can i translate it to Lithuanian and get a bounty for that? would like to have some Vericoins

[souljah1h]

i see a fork, anybody else ?

How can you tell it's a fork? I can tell something isn't right, wallet acting weird and the interest rate jacked up to 42% for some reason.

several nodes on one chain, several on the other, 0.16.5.2 is not friendly to 0.16.5.0

https://www.vericoinforums.com/threads/stake-your-vericoin.1016/page-21#post-21776

will probably be another update today

[lvt2207]

A community is always exciting
VRC is still a good choice 

[souljah1h]

A community is always exciting
VRC is still a good choice  

Thanks for your kind words, will check Pesobit.

[effectsToCause]

Hey guys found root of the problem, 1.6.5.2 change in stake splitting was too aggressive for the number of actual staking inputs on the network currently, so coins are being staked too fast and then sitting for maturity and this is destabilizing blockrate which destabilizes difficulty and caused forking.  1.6.5.3 will be released today with good stake splitting parameters and longest chain will be connected to automatically when the wallet finds a node on it once the blocktime is equilibrated, or you can reload blockchain to get on longest chain quickly.

[souljah1h]

Hey guys found root of the problem, 1.6.5.2 change in stake splitting was too aggressive for the number of actual staking inputs on the network currently, so coins are being staked too fast and then sitting for maturity and this is destabilizing blockrate which destabilizes difficulty and caused forking.  1.6.5.3 will be released today with good stake splitting parameters and longest chain will be connected to automatically when the wallet finds a node on it once the blocktime is equilibrated, or you can reload blockchain to get on longest chain quickly.

Thanks for the update!