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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1347891 times)
buy4crypto
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June 23, 2014, 05:05:48 PM
 #3901

You can use vericoin for anything you can use bitcoin.

I don't see why this service couldn't be expanded as need be. This solves a huge problem that no crypto has done yet. You take away all the extensive POW of btc and in VRC you can gain coins by keeping your wallet open, rather than extensive power usage through POW.

Its incredible to think about what the end game is here and how much superior this could be. I mean the whole point of crypto is to be open source, if VRC opens the gates for trully great mixing services than we might open up the floodgates to more adoption.

Having a FIAT portal now doesn't hurt either!

Big things for VRC in store

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buy4crypto
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June 23, 2014, 05:08:10 PM
 #3902

My wallet says 'not staking because you don't have mature coins'. Just bought them of an exchange an hour ago and put them in my wallet. How long does it take for a coin mature?

8 hours I believe.

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June 23, 2014, 05:15:16 PM
 #3903

this is the new litecoin, end of 2014: 10$
mark my words
quote this for the truth

 Grin Grin Grin

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Gabri
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June 23, 2014, 05:17:50 PM
 #3904

Sold +50K VRC for 0,4 BTC a month ago  Cry

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June 23, 2014, 05:22:50 PM
 #3905

Sold +50K VRC for 0,4 BTC a month ago  Cry

Soon people will cry about solding @20k
I will sell maybe 20% of my holding when we hit 100k
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June 23, 2014, 05:27:33 PM
 #3906

How do we make this coin irresistible to miners? If we want to take litecoins top spot don't we need the hashing power?
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June 23, 2014, 05:32:23 PM
 #3907

How do we make this coin irresistible to miners? If we want to take litecoins top spot don't we need the hashing power?

this coin is PoS not PoW, so i think alot is done by just a good distribution of the coin.
as long as nobody stakes with 50% of all coins we are save  Wink

/edit

understood you wrong, there is the veripool, everyone can direct their miners there.
veripool will mine the most profitable coin, sell it for btc and then buys vrc for the best price to issue it to the miners.

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buy4crypto
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June 23, 2014, 05:35:01 PM
 #3908

How do we make this coin irresistible to miners? If we want to take litecoins top spot don't we need the hashing power?


We don't need miners, we need to be irresistable to those people who HATE mining, like me.

This gives you the advantage of bitcoins now without the mined inflation. If a coin has a use, it has a value, most coins have no use.

Vericoin has just about every use a crypto can have with an excellent team and low inflation model to boot, this is exactly the type of investment I want. You know for a fact how many coins are produced / year for each and the distribution of vericoin is very similar to real fiat cash. As long as the team continues to create and innovate im on board.

Remember that the devs have several patents. This shows the kind of mind we have at work, they can create solutions to problems where nobody else in the ENTIRE WORLD, has. This is the team I want leading my money as we develop this amazing technology.

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June 23, 2014, 06:19:46 PM
 #3909


This coin is showing amazing resilience today.
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June 23, 2014, 06:21:56 PM
 #3910


This coin is showing amazing resilience today.

Yeah, almost 500k coins dumped and we're still fighting our way up.
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June 23, 2014, 06:24:39 PM
 #3911


This coin is showing amazing resilience today.

Yeah, almost 500k coins dumped and we're still fighting our way up.

Im guessing that dump had to do with a big fish wanting to play the addition of XMR to mintpal, once that jolt is absorbed we'll continue higher IMHO.

We tested support on the 1hr charts and held higher with a nice bounce, if we continue to build bids and move higher from here everything is fine and that was just an impatient person wanting to make a trade.

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June 23, 2014, 06:28:53 PM
 #3912

A coin usually gets dumped and the price takes a long time or never returns back, this is now dumped for the 4th time in the 17k-16k and still going back! This is definitely a gem among the stones...

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June 23, 2014, 06:31:09 PM
 #3913

A coin usually gets dumped and the price takes a long time or never returns back, this is now dumped for the 4th time in the 17k-16k and still going back! This is definitely a gem among the stones...

All that sell pressure just got brought forward and gobbled up from many eager community members, so we lost 1 big whale (for now) and we gained many more members. I love it.

Now the march to new highs just got 60 bitcoin thinner.

On we go to new high!

It wouldn't suprise me to see those rebid later in the day once XMR settles.

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June 23, 2014, 06:31:38 PM
 #3914


This coin is showing amazing resilience today.

Yeah, almost 500k coins dumped and we're still fighting our way up.

Im guessing that dump had to do with a big fish wanting to play the addition of XMR to mintpal, once that jolt is absorbed we'll continue higher IMHO.

We tested support on the 1hr charts and held higher with a nice bounce, if we continue to build bids and move higher from here everything is fine and that was just an impatient person wanting to make a trade.

Hopefully it was the guy that just paid 1 BTC for 14 XMR  Grin
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June 23, 2014, 06:36:48 PM
 #3915

HA! 62Bitcoin sale soon as XMR hit mintpal of XMR on poloniex. and a 65 bitcoin sale of vrz on mintpal. I wonder if that is same person, btc amounts where very similar. Maybe, weird.

Sure enough there is about 60 bitcoin in 2 orders at about 50% drop on XMR prices, so, if he gets shut out of XMR I wonder where that money goes to, perhaps right back to VRC once the "trade" is over for him or her.

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June 23, 2014, 06:38:52 PM
 #3916

HA! 62Bitcoin sale soon as XMR hit mintpal of XMR on poloniex. and a 65 bitcoin sale of vrz on mintpal. I wonder if that is same person, btc amounts where very similar. Maybe, weird.

It's a smart move, dump into the hordes of moon-dreamers. 

I think the days of giant increases for coins on mintpal may be over.  Let's see how Monero is doing in 24 hours, will tell us a lot.
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June 23, 2014, 06:47:26 PM
 #3917

HA! 62Bitcoin sale soon as XMR hit mintpal of XMR on poloniex. and a 65 bitcoin sale of vrz on mintpal. I wonder if that is same person, btc amounts where very similar. Maybe, weird.

It's a smart move, dump into the hordes of moon-dreamers.  

I think the days of giant increases for coins on mintpal may be over.  Let's see how Monero is doing in 24 hours, will tell us a lot.

Yeah I like Monero coin as well as a tech / team, but for the short term the coins moving to mintpal hurt the momentum here.

Now that the Monero pump is here they will soon lose attention and look to all we have going on, I imagine the sell buy on the rumor, sell on the news croud will start flowing here in anticipation of the events this week.

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June 23, 2014, 07:25:41 PM
 #3918

If you want a really good indicator of the future of this coin, look at how much the network stake has increased in the last 48 hours. People are picking up Vericoin for a long term investment, not a play-the-swings exchange pump.

The available supply on exchanges is dwindling pretty rapidly. More people are becoming aware of Vericoin and it's potential. The equation becomes pretty self explanatory fairly fast.


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June 23, 2014, 07:26:33 PM
 #3919

VeriBit was just sent out to donors. If you want to test VeriBit early, please donate to our trip fund: https://www.startjoin.com/vericoin_nambtc

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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June 23, 2014, 07:35:31 PM
 #3920

How do we make this coin irresistible to miners? If we want to take litecoins top spot don't we need the hashing power?

Right now, the mining pool is the biggest drawback for VRC.  Very few frills and not enough stats that miners are accustomed to:  Pool stats, user stats, shares earned, etc.  I may be wrong, but I believe that pool.vericoin.info is simply mining other altcoins and converting them to VRC.  (Correct me if I'm wrong.)  If that's the case, I realyl have no incentive to mine there.  I could just mine DRK and convert it myself.  Or, LTC.

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
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