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Question: Where would you prefer the VRC/VRM exchange pair be?
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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346476 times)
CryptoLTD
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June 07, 2014, 02:38:39 PM
 #1981

Ok there is something definitely wrong with VeriPool and I m considering to stop mining.
Before this rise of price, if we assume that system buys VRC according to exchange rate that is on market in that specific moment, I should get about 1000 or more VRC per day, instead on that period I have got about 10 VRC in small amounts like this one 0.19314334. Then for about 15 hours nothing and then 2 payouts one about 10 and another about 13 VRC. In that period VRC price was 3 times higher but then again it is too low.
If we consider that if I mine any non profitable coin can bring me 0.02 BTC per day with the rigs I m using on VeriPool. Selling those coins and using those BTC can bring me more VRC, lot more than mining on VeriPool. In fact in the first day on VeriPool I earned more from the stake than from pool itself.
So, again there is no chance that something is wrong with my rigs or something else, most of us here have years of experience in mining and simple answer that work is in progress can't explain this.  

Please PM me.

In fact, anyone with payout questions, just PM me. I can't track every one of you down every time.

Perhaps a seperate thread for 'VRC multipool' would help organize questions in regards to it a lil better? Just  aquick thought.

Take care
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666try
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June 07, 2014, 02:39:39 PM
 #1982

Ok there is something definitely wrong with VeriPool and I m considering to stop mining.
Before this rise of price, if we assume that system buys VRC according to exchange rate that is on market in that specific moment, I should get about 1000 or more VRC per day, instead on that period I have got about 10 VRC in small amounts like this one 0.19314334. Then for about 15 hours nothing and then 2 payouts one about 10 and another about 13 VRC. In that period VRC price was 3 times higher but then again it is too low.
If we consider that if I mine any non profitable coin can bring me 0.02 BTC per day with the rigs I m using on VeriPool. Selling those coins and using those BTC can bring me more VRC, lot more than mining on VeriPool. In fact in the first day on VeriPool I earned more from the stake than from pool itself.
So, again there is no chance that something is wrong with my rigs or something else, most of us here have years of experience in mining and simple answer that work is in progress can't explain this.  

Please PM me.

In fact, anyone with payout questions, just PM me. I can't track every one of you down every time.

Perhaps a seperate thread for 'VRC multipool' would help organize questions in regards to it a lil better? Just  aquick thought.

Take care

+1

The multipool issue hurts this coin...
n00bnoxious
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June 07, 2014, 02:41:48 PM
 #1983

Given all the crap in crypto these days, I have to say this coin has rather given me my faith back that there's anybody honest around at all any more so far. I've spoken with PNosker, done background checks on him and Dan Kaminsky (40k Twitter followers and confirmed helping look at the anon features) and everything holds up.

Nothing here leads me to believe any kind of scam is occurring, and if there was it'd do extreme professional damage to both Patrick and Dan. Doesn't make any sense at all.

All in all the coin has a lot of support from me. I like that anon/privacy is being treated as a secondary feature - it's old hat in the scene IMO, and it's FAR more important that people have real world integration. The coin because of its dynamic interest staking and PoS model is far closer to fiat than most other coins. This is a huge boon, and I think between VeriSMS, dynamic interest staking incentivisation and incoming privacy-oriented features the only way this coin can fail is via FUD.

I've also seen the coin referred to as Darkcoin's kryptonite. They can't FUD the ever living hell out of it because it's NOT a direct competitor.

Great work guys, keep it up :-)
benthach
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June 07, 2014, 02:42:59 PM
 #1984

pumpty dumpty sitting on the wall

majeis
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June 07, 2014, 02:44:12 PM
 #1985

Ok there is something definitely wrong with VeriPool and I m considering to stop mining.
Before this rise of price, if we assume that system buys VRC according to exchange rate that is on market in that specific moment, I should get about 1000 or more VRC per day, instead on that period I have got about 10 VRC in small amounts like this one 0.19314334. Then for about 15 hours nothing and then 2 payouts one about 10 and another about 13 VRC. In that period VRC price was 3 times higher but then again it is too low.
If we consider that if I mine any non profitable coin can bring me 0.02 BTC per day with the rigs I m using on VeriPool. Selling those coins and using those BTC can bring me more VRC, lot more than mining on VeriPool. In fact in the first day on VeriPool I earned more from the stake than from pool itself.
So, again there is no chance that something is wrong with my rigs or something else, most of us here have years of experience in mining and simple answer that work is in progress can't explain this.  

Please PM me.

In fact, anyone with payout questions, just PM me. I can't track every one of you down every time.

Perhaps a seperate thread for 'VRC multipool' would help organize questions in regards to it a lil better? Just  aquick thought.

Take care

+1

The multipool issue hurts this coin...

An official thread for something not even out of alpha seems a bit premature.


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benthach
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June 07, 2014, 02:47:52 PM
 #1986

just don't get caught holding bag

cryptodevil
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June 07, 2014, 02:51:53 PM
 #1987

Scrypt profitability is also low right now. It's 0.00182053/day profitability  per MH/day at most.

I'd just like to point out that 0.00182 profitability is pretty good these days for scrypt. I've had three Innosilicon A2 90's running since the beginning of May and can attest to the declining returns across all pools over that time.

Given that a higher hashrate for the VRC pool will also contribute to its market price, it is a double-edged sword anyway because the payouts will be less as fewer can be bought on the market with the profits from the pool.

If you can reliably earn more BTC elsewhere and buy VRC before it has gone up in price then go for it. I just don't think the market will stay still that long right now.

Warning! Multiple ICO scams being launched through bot-posting forum threads, bought/hacked accounts and fake team profiles
Chris001
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June 07, 2014, 02:58:20 PM
 #1988

Get a thread for multipool.

No one wants to hear everyone whining  Roll Eyes when the coin is going through the roof!!!


I for one am very happy with how VRC is doing!!  Grin Grin Grin Grin Grin


Go VRC!!!!!

https://bitcointalk.org/index.php?action=trust;u=186785
Here is the link to my trust settings here on forum. This trust system is very unfair. I make good on every deal Ive ever made. I had many, many deals as you can see and I never scammed anyone. All it takes is a random account to give you negative trust and youre screwed. Tomatocage has never even talked to me ever but when the random acct hit me with negative trust, Tomatocage came right behind him and marked neg trust again so obviously he was the one who did it. You can look at Tomatocage trust and see how many of his compeditors at the currency exchange thread he labeled scammers. I never scammed anyone. My trust was green over 20 before this. I hope it never happens to you because the mods cant help you.
CryptoLTD
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June 07, 2014, 03:04:16 PM
 #1989

Given all the crap in crypto these days, I have to say this coin has rather given me my faith back that there's anybody honest around at all any more so far. I've spoken with PNosker, done background checks on him and Dan Kaminsky (40k Twitter followers and confirmed helping look at the anon features) and everything holds up.

Nothing here leads me to believe any kind of scam is occurring, and if there was it'd do extreme professional damage to both Patrick and Dan. Doesn't make any sense at all.

All in all the coin has a lot of support from me. I like that anon/privacy is being treated as a secondary feature - it's old hat in the scene IMO, and it's FAR more important that people have real world integration. The coin because of its dynamic interest staking and PoS model is far closer to fiat than most other coins. This is a huge boon, and I think between VeriSMS, dynamic interest staking incentivisation and incoming privacy-oriented features the only way this coin can fail is via FUD.

I've also seen the coin referred to as Darkcoin's kryptonite. They can't FUD the ever living hell out of it because it's NOT a direct competitor.

Great work guys, keep it up :-)


Agreed for the most part..tis making for an interesting morning for sure.
sdmathis
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June 07, 2014, 03:04:28 PM
 #1990

There will ALWAYS be technical issues to be worked out. Those are the facts of life. If there are no issues, it simply means that there are no innovations. Look at what's happening. There is the VeriPool, SMS, ANON, and other projects in the works. Anybody who says that it's easy and there should be no technical issues is clueless about software development. Hell, I still have problems getting my DVD player to work right. Does that mean that Sony is incompetent? No. It means that they are pushing the envelope.

The VeriCoin developers are pushing the cryptocoin envelope far beyond what most people imagine. The VeriPool is NOT an easy task. I've had EVERY issue that I've seen mentioned in this forum using other pools too. They are not uncommon. There will be technical issues with every new project. That's why our developers have reached out to enlist the help of some of the top experts such as Daniel Kaminsky.

I'm glad that we have the development team that we have. They're bright, intelligent, and innovative. Most importantly, they're honest (so rare in cryptocoins). We have a winner in VeriCoin, and we have winners in our development team. I'm proud to be associated with them and VeriCoin.

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June 07, 2014, 03:10:03 PM
 #1991

There will ALWAYS be technical issues to be worked out. Those are the facts of life. If there are no issues, it simply means that there are no innovations. Look at what's happening. There is the VeriPool, SMS, ANON, and other projects in the works. Anybody who says that it's easy and there should be no technical issues is clueless about software development. Hell, I still have problems getting my DVD player to work right. Does that mean that Sony is incompetent? No. It means that they are pushing the envelope.

The VeriCoin developers are pushing the cryptocoin envelope far beyond what most people imagine. The VeriPool is NOT an easy task. I've had EVERY issue that I've seen mentioned in this forum using other pools too. They are not uncommon. There will be technical issues with every new project. That's why our developers have reached out to enlist the help of some of the top experts such as Daniel Kaminsky.

I'm glad that we have the development team that we have. They're bright, intelligent, and innovative. Most importantly, they're honest (so rare in cryptocoins). We have a winner in VeriCoin, and we have winners in our development team. I'm proud to be associated with them and VeriCoin.

Great job guys. This coin gonna be outsdanding some day. Look now #3 volume @ coinmarketcap !!
cryptoholic11
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June 07, 2014, 03:35:45 PM
 #1992

Polo was trolling about VRC/USD trading pair? Has their been an official announcement about this?

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June 07, 2014, 03:44:19 PM
 #1993

This coin needs a rich list. Because I'm pretty sure it just created some rich people.
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June 07, 2014, 03:45:31 PM
 #1994



From from all the crypto B.S. of late,

FINALLY their is one to BEAT Them All!!

High Interest, Anon feature's, Trusted Dev, Miners getting paid the highest trade prices in town!!

Its win win for VRC in my order books. Price will be 3x in a few days again.
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June 07, 2014, 03:46:33 PM
 #1995

Whats peoples thoughts about how high Vericoin can go??

FryguyUK
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June 07, 2014, 03:47:01 PM
 #1996

was going to invest...


till i saw the pump team chatting....


fsake
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June 07, 2014, 03:53:41 PM
 #1997

Whats peoples thoughts about how high Vericoin can go??

https://twitter.com/realfontas/status/474709596230021120
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June 07, 2014, 03:55:20 PM
 #1998



I've ben watching it all day, people were too afraid to get involved, Finally they committed.
Its how crypto rolls. This coin just keeps going up!!
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June 07, 2014, 03:56:40 PM
 #1999

what will happen when the pump ends and this coin will back to normal price for it ? last buyers will cry, like every other coin Smiley be smart ! its just another place with fresh blood to make some money. nothing more.

BTC
majeis
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June 07, 2014, 03:57:02 PM
 #2000

was going to invest...


till i saw the pump team chatting....


fsake

You afraid of the free market?


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PLINKO       
VIDEO POKER
ROULETTE     
LOTTO            
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