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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346467 times)
bit-coin.pt
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bit-coin.pt - A divulgar a Bitcoin em Portugal


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June 09, 2014, 11:55:56 PM
 #2781

The idea of having a SMS wallet is cool but someone explain me how exactly the sms program works... are there fees to pay or the fee is simply charged on the phone bill? What if I made a transfer from german number to a japanese one what kind of fee would i pay? And how does the wallet exactly works, is it on the phone or it linked on the wallet that i have on my pc?  

Ask that in here, it's the right spot for questions.

http://www.reddit.com/r/vericoin/comments/27g128/we_are_vericoin_ask_us_almost_anything/

Bit-Coin.pt - A divulgar a Bitcoin em Portugal - Ajuda o projecto com donativos para 18brXUnsJEXmmEwuwdf7QfkfwQY341492f
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coine_smithe
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June 10, 2014, 12:01:17 AM
 #2782

The idea of having a SMS wallet is cool but someone explain me how exactly the sms program works... are there fees to pay or the fee is simply charged on the phone bill? What if I made a transfer from german number to a japanese one what kind of fee would i pay? And how does the wallet exactly works, is it on the phone or it linked on the wallet that i have on my pc?  

I can answer a couple of those. You are using your normal text messages so only those fees apply. Also the coins are not stored on your phone. They are stored on the server ran by the dev. You are just accessing them/telling the server where to send the coins, so it is somewhat centralized. It is sort of like using Coinbase to send coins, except its way faster. It is important to remember it is still in the alpha stage. There are devices that can be used to fake your phone number if someone knows you have Vericoins. There will eventually be passwords that you can set so they cannot do this, but for now you shouldn't risk a lot of coins on it. Also the system might still have bugs.
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June 10, 2014, 12:27:49 AM
 #2783

The idea of having a SMS wallet is cool but someone explain me how exactly the sms program works... are there fees to pay or the fee is simply charged on the phone bill? What if I made a transfer from german number to a japanese one what kind of fee would i pay? And how does the wallet exactly works, is it on the phone or it linked on the wallet that i have on my pc?  

I can answer a couple of those. You are using your normal text messages so only those fees apply. Also the coins are not stored on your phone. They are stored on the server ran by the dev. You are just accessing them/telling the server where to send the coins, so it is somewhat centralized. It is sort of like using Coinbase to send coins, except its way faster. It is important to remember it is still in the alpha stage. There are devices that can be used to fake your phone number if someone knows you have Vericoins. There will eventually be passwords that you can set so they cannot do this, but for now you shouldn't risk a lot of coins on it. Also the system might still have bugs.

+1 Nicely said. Clear & concise

.

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June 10, 2014, 12:28:01 AM
 #2784



Nothing is safe - guys I cannot emphasize this enough, do NOT risk selling under a big sell wall - the market is tearing them down and you will just get ripped off. This wall was a test of the buyer confidence - the coin passed with flying colors. The scary looking upwards curve has begun and I think a new ATH is probably 50-50 at this stage within the next few hours. If it hits a new ATH we will skyrocket to 0.0003 then 0.0004 in no time at all. If it is tested and fails to break then it will probably drop down a little bit - not much mind you, but a little bit. In saying that, DO NOT sell your coins, the risk that you will lose 10% or more b having to buy back higher than you sold for is greater than the chance of making a quick 3 or 4% wiating for a low ball sell order. Not worth it. Sit back, have a beer, and enjoy watching others bid up YOUR investment Smiley
kewlya
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June 10, 2014, 12:34:10 AM
 #2785



Nothing is safe - guys I cannot emphasize this enough, do NOT risk selling under a big sell wall - the market is tearing them down and you will just get ripped off. This wall was a test of the buyer confidence - the coin passed with flying colors. The scary looking upwards curve has begun and I think a new ATH is probably 50-50 at this stage within the next few hours. If it hits a new ATH we will skyrocket to 0.0003 then 0.0004 in no time at all. If it is tested and fails to break then it will probably drop down a little bit - not much mind you, but a little bit. In saying that, DO NOT sell your coins, the risk that you will lose 10% or more b having to buy back higher than you sold for is greater than the chance of making a quick 3 or 4% wiating for a low ball sell order. Not worth it. Sit back, have a beer, and enjoy watching others bid up YOUR investment Smiley

it should pass XC . 20ksat is way to low for this coin
Bitcycle
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June 10, 2014, 01:11:56 AM
 #2786

More sell walls.  Lots of tests for this coin.
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June 10, 2014, 01:16:39 AM
 #2787

Don't EVER sell at the bottom of a dump. You WILL get burned.

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June 10, 2014, 01:22:05 AM
 #2788

If I hadn't already gone full in I would not have hesitated to buy those walls. No sense in letting this momentum go to waste!  Cheesy
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Longshots/underdogs- MZC, BERN, TECH, SQL


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June 10, 2014, 01:23:11 AM
 #2789

lol wow no one saw my 100 vrc sitting at 17000 on Kingcoiny for the last hour... lucky me Smiley

EXP -Expanse-  https://bitcointalk.org/index.php?topic=1173722.0
https://www.crypto-city.com (needs more users but is a great site)
PIVX, BITB, ONION, DP, BLK, MONA, VTC, STRAT, NXS, AMP, BAT, EDG, VRC/VRM, WAVES, NEO, OMG
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June 10, 2014, 01:33:53 AM
 #2790

How'd that dump work out for you?


 Grin Grin Grin Grin Grin Grin Grin
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June 10, 2014, 01:59:45 AM
 #2791

The idea of having a SMS wallet is cool but someone explain me how exactly the sms program works... are there fees to pay or the fee is simply charged on the phone bill? What if I made a transfer from german number to a japanese one what kind of fee would i pay? And how does the wallet exactly works, is it on the phone or it linked on the wallet that i have on my pc?  

I can answer a couple of those. You are using your normal text messages so only those fees apply. Also the coins are not stored on your phone. They are stored on the server ran by the dev. You are just accessing them/telling the server where to send the coins, so it is somewhat centralized. It is sort of like using Coinbase to send coins, except its way faster. It is important to remember it is still in the alpha stage. There are devices that can be used to fake your phone number if someone knows you have Vericoins. There will eventually be passwords that you can set so they cannot do this, but for now you shouldn't risk a lot of coins on it. Also the system might still have bugs.
Thx! Clear explanation!
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June 10, 2014, 02:02:29 AM
 #2792

Question can X intensity be used on this coin?  If so does anyone have a configuration file to share?

BTC: 1RLMpP6GydCUtEW3B3WHijYCy6E3Sp435    DGC: DMmXuiP4nNP2z7R3BCVdhKV7svz5e3iMyi 
  MEC: MPAs8ged36rJQXCsm96rwwbpk2SopTAi1S  LTC: Lao7GR161qAYCRxaiWN2akBEaCBkaVpo6z
GPL: RXXgMYQPNkuATdoYA7odM9xJHyJbVma74V Coffee: BznEeTLbKBAVLgu1tpE1ZDC99S6KVoQr2j
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@blockafett


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June 10, 2014, 02:06:59 AM
 #2793

VRC second place on CoinMarketCap by volume, good time to buy:




Nathonas
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Knowledge is Power


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June 10, 2014, 02:44:23 AM
 #2794

20 pages of posts in less than a day? This is some serious market activity.

All we have to decide is what to do with the time that is given us - Gandalf
SpruceMoosey
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June 10, 2014, 02:45:05 AM
 #2795

Question can X intensity be used on this coin?  If so does anyone have a configuration file to share?

Mining has finished, only Interest on your wallet (POS) now.
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June 10, 2014, 02:48:36 AM
 #2796

Question can X intensity be used on this coin?  If so does anyone have a configuration file to share?

Mining has finished, only Interest on your wallet (POS) now.
you have multipool mining correct?

BTC: 1RLMpP6GydCUtEW3B3WHijYCy6E3Sp435    DGC: DMmXuiP4nNP2z7R3BCVdhKV7svz5e3iMyi 
  MEC: MPAs8ged36rJQXCsm96rwwbpk2SopTAi1S  LTC: Lao7GR161qAYCRxaiWN2akBEaCBkaVpo6z
GPL: RXXgMYQPNkuATdoYA7odM9xJHyJbVma74V Coffee: BznEeTLbKBAVLgu1tpE1ZDC99S6KVoQr2j
ozboy2014
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June 10, 2014, 03:04:58 AM
 #2797

SMS UK works for Australia




q327K091
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June 10, 2014, 03:10:50 AM
 #2798

before I go to sleep, multipool just delivered approximately 7 coins... 6.98 to be precise, perfect.. by tomorrow I expect additional 20 since I can not purchase (yet) via paypal.. it is more or less 40 (Veri coins at this level) a day via ok rig nothing spectacular..

as you can imagine I actually want for the price to go down (short term) long term I have 0 to worry about

writing this in self interest to be completely honest with you. the multipool is as strong as buying power (but you will all win)
when price rebounds (but it will be days) meantime retarget rigs (if you can)
 
good night

new upcoming awesome coin

the Gulden Coin: GKWHEPx3rQyPnbgQUSHu8gtgoRCgpqed1j
effectsToCause
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VeriCoin Creator/Developer


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June 10, 2014, 03:55:01 AM
 #2799

VeriSMS http://text.vericoin.info
Now password protected! ("setpassword password")
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June 10, 2014, 03:59:28 AM
 #2800

Watch out M-Pesa!

http://en.wikipedia.org/wiki/M-Pesa
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