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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 1342279 times)
DutchTrades
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June 17, 2014, 07:01:38 PM
 #3461

This coin is going to be picked up by an angel, and then the angel flies this coin to Mars.
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Alns
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June 17, 2014, 07:03:03 PM
 #3462

Thank you Brian Winni for the FUD yesterday, i bought a lot of VRC at sub 12k  Grin

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June 17, 2014, 07:04:41 PM
 #3463

Can anyone list why they think coin will succeed? What innovations will vericoin have over darkcoin, blackcoin, monero and silkcoin? Got in at 16k...wondering if I should hold

when you list these coins, i just wanna laugh.

coinjoin, bytecoin, multipool, do you think these features are innovation?

as to silkcoin. lol  built-in irc, browsers, fancy tunts.  you call these innovation?

but frankly speaking i do not know how dev implement anonymity. but he says it is not coinjoin!

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June 17, 2014, 07:05:41 PM
 #3464

Don't forget about this.. Send VeriCoin to the North American Bitcoin Conference

https://www.startjoin.com/vericoin_nambtc
saberu
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June 17, 2014, 07:06:56 PM
 #3465

really dont understand why this coin is at this low price when other coins similar like this are 5-10 times more expensive but not delivering shit only promises.

Simple. VRC devs are being smart, they have kept the word anonymous out of the thread title and avoiding any extravagant promises and not marketing themselves as an `anon` coin. Most likely because they would prefer stable slow price increases to pumps and dumps as P&D`s harm confidence in the market. I noticed when there was some fud spreading last time the dev`s then announced no more ETA`s.

These guys are proper intellects and planning this like a master chess game. Long term XC and CRYPT growth will be and has been harmed by major pumps and dumps and from a simple market analysis perspective (technology aside) this could put VRC ahead of the race and I am saying we are at least contending number two spot in the short term (500k sats) from anon alone.

I think the alts market is very immature right now with most people only caring about anon however is SMS wallet works like I think it should suppose to then it will make cryptocoins (namely VRC) available to the wider public due to the easy learning curve VS traditional wallets.

Long term if we can have anon + SMS wallet + an ecosystem of trading based on the SMS wallet then we could really see this not just being another `Darkcoin` in terms of future price and popularity but something to even be more advanced than Bitcoin itself which means in a couple of years $100 is not unrealistic.

Why can a coin like VRC achieve this instead of Bitcoin itself? Because all the big holders of Bitcoins have made their wealth and have no motivation to improve Bitcoin.

Yet I am guessing the devs were just like most of us, normal working class people trying to make our way. Yet these guys decided to put their skills into making the best coin ever and the reason they are willing to work on it is mostly the same reason we are investing, financial incentive. I am sure hobbies and interest come into it too but financial is most important.

Buying VRC is akin to buying into a tech start up which is about to go Apple big. Even though I am an `IT` guy and can do some programming I am willing to admit these guys are way more skilful than me. Short term I am going to make way more profit supporting VRC by holding than trying to improve on my own skills.

Hell if XC can do 500k then VRC is a three zero K coin in the making. If VRC adds encryption to VeriSend then it is already better than XC and CryptCoin!

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Uran0s
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June 17, 2014, 07:09:32 PM
 #3466

lol please do not compare VRC to these coins. It's ridiculous...ITS STILL heavily undervalued...features coming every week, great active devs, many plans, great society, great community, there hasnt been such coin in months there, unlike years !!
Alns
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June 17, 2014, 07:16:53 PM
 #3467

At least, $5 is a fair value for VRC.

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June 17, 2014, 07:18:42 PM
 #3468

At least, $5 is a fair value for VRC.

This post makes the thread look bad Tongue


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socal
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June 17, 2014, 07:19:23 PM
 #3469

why would Verisend need encryption the mixing is so strong that you can't discern anything about the sender anyway
saberu
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June 17, 2014, 07:22:13 PM
 #3470

At least, $5 is a fair value for VRC.

$5 is a fair value within the next six months I would agree. But long term 2-3 years from now I do not think $100 is out of the question.  To reach $100 it only needs to be 6-7x higher than Darkcoin was at 2500k. And Darkcoin well... sucks.

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saberu
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June 17, 2014, 07:24:54 PM
 #3471

why would Verisend need encryption the mixing is so strong that you can't discern anything about the sender anyway

Because the markets love it, look at XC and Crypt- they both offer encryption. There is no reason encryption cant be added even with VeriSMS. The encryption is performed between nodes. No need for encryption from sender to node, or even from node to receiver for that matter.

I know the devs will add it eventually though because they rock.

Even if technically speaking adding encryption is overboard and maybe not really required because as you say the mixing itself anonymizes the transaction enough. If its feasible without too much overhead then it should be done. Look at Apple, why are they STILL so successful? Lets face it Samsung phones are better now. But Apple design good looking phones and have a perception of quality.

Perception is reality, reality at the technical level only exists to us crypto enthusiasts. Try explaining to your average joe or a hedge fund why encryption is unnecessary and you will probably get a blank look.

I care more about perception than reality in markets. Just because I think VRC is going to the moon long term I will probably still sell (short) the market at certain price points in future if I think volume has dropped off too much.

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MAD945
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June 17, 2014, 07:29:44 PM
 #3472

Some stuff is going down on Mintpal...I think the secret is out!
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June 17, 2014, 07:32:00 PM
 #3473

Some stuff is going down on Mintpal...I think the secret is out!

There's no secret...  Cool

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saberu
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June 17, 2014, 07:35:34 PM
 #3474

Some stuff is going down on Mintpal...I think the secret is out!

There is no trust in alt coins because of too many scams. That is why in retrospect it would have made more sense to buy CRYPT first and capitalize on its rally before investing in VRC because CRYPT already had its anon function out and working. Though too late now to do so.

There probably is some smart person out there that bought XC early then sold at the peak then bought CRYPT early and sold over 100k then bought VRC. But it is not me, though I did buy XC early I held during the pump and didnt sell till it dropped to 100k. I also bought half my VRC at a really high price during the fontas pump (23k) and the other half at 8k. So I have made some really stupid mistakes but long term still looking good.

If anyone did go XC > CRYPT > VRC they will probably be holding a million VRC right now. And there are three wallets with over a million VRC so there you go  Tongue

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MAD945
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June 17, 2014, 07:44:09 PM
 #3475

Is this a pump? I want sell and buy more at the bottom
Edraket31
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June 17, 2014, 07:45:46 PM
 #3476

Is this a pump? I want sell and buy more at the bottom

We are at bottom right now  Grin

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June 17, 2014, 07:46:17 PM
 #3477

Don't forget about this.. Send VeriCoin to the North American Bitcoin Conference

https://www.startjoin.com/vericoin_nambtc

yes, please everyone donte as much as he can, any help is good. lets send our dev team to Chicago and bring our coin in attention to media and investors.

PS: damn, i go do cardio on my StairMaster thinking at that 20btc sell wall at 15500 if  it gonna go down and when i come back 40 mins later price is at 17800.
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June 17, 2014, 07:47:29 PM
 #3478

Is this a pump? I want sell and buy more at the bottom

We are at bottom right now  Grin

Gotta love this guys.... VRC stay a week in 12/14K and now they talk about the bottom.... lololol  Roll Eyes

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Uran0s
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June 17, 2014, 07:51:47 PM
 #3479

lolz anything below 100k is a bottom for this coin ;]
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June 17, 2014, 08:00:39 PM
 #3480

If you still don't know what is Veribit or Verisend, this explanation will help you: http://verileaks.wordpress.com/2014/06/17/vericoin-revolutionizes-crypto-with-veribit/
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