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

[zsp]

An interested party has contacted me. Thanks for the offers, everyone. I will return if we decide to purchase additional VRC.

Suppose this is good news. Smart money expecting 100mil+ marketcap.

With all due respect, but that's nothing but a pathetic attempt at trying to pump the coin. Trying to make people think that he's a business man interested in buying $100k worth of VRC. After minutes he finds an interested party. hahaha. What is this, kindergarten ?

Yes this is really disgusting and concerning. He is is buying nothing just trying to make look the coin better. Under 5% of the market value - in a day when the market value is from 27K to 38.5k. So under 5% of what? Which is the most concerning that one of the devs is spreading the news at IRC that this investor is legit, US bank etc. I have invested in this coin but getting very concerned when I see the devs are acting like this. Very confusing, smart PhDs and trying to talk up the coin with imaginative "investors".

Yea, I didn't try to make any coin look better. I PMed 'vrcinvestor' soon after he posted and he provided me an email with a domain associated with a firm. It seemed legitimate so I sent an email and got a confirmation response. I'm not really in the position to validate financial transactions but as far as the individual is concerned he seems legitimate.

Feel free to sell off your coin if you are questioning my motivations.

When you are doing your due diligence in 5 minutes as others pointed it out quite rightly then your motivation doesn't seem a very supportive one for small and inexperienced coin holders like myself who believed in your project, but sounds like keep up the interest in your coin business. What kind of banker would post such advertisement in a bitcointalk forum with a vogue "5% under market rate" value. How this person can be taken seriously and then how your due diligence is serious? Please.

You guys in the dev team are all very capable professionals, I was really-really inteersted in this coin, especially when I got your source code from github and look at it, it is an impressive and brilliant work, so I thought such nice professionals like you guys wouldn't start a scam - but your association with BlackHand and then this bank investor ... a bit confusing. Anyway, good luck in your venture.

[pnosker]

An interested party has contacted me. Thanks for the offers, everyone. I will return if we decide to purchase additional VRC.

Suppose this is good news. Smart money expecting 100mil+ marketcap.

With all due respect, but that's nothing but a pathetic attempt at trying to pump the coin. Trying to make people think that he's a business man interested in buying $100k worth of VRC. After minutes he finds an interested party. hahaha. What is this, kindergarten ?

Yes this is really disgusting and concerning. He is is buying nothing just trying to make look the coin better. Under 5% of the market value - in a day when the market value is from 27K to 38.5k. So under 5% of what? Which is the most concerning that one of the devs is spreading the news at IRC that this investor is legit, US bank etc. I have invested in this coin but getting very concerned when I see the devs are acting like this. Very confusing, smart PhDs and trying to talk up the coin with imaginative "investors".

Yea, I didn't try to make any coin look better. I PMed 'vrcinvestor' soon after he posted and he provided me an email with a domain associated with a firm. It seemed legitimate so I sent an email and got a confirmation response. I'm not really in the position to validate financial transactions but as far as the individual is concerned he seems legitimate.

Feel free to sell off your coin if you are questioning my motivations.

When you are doing your due diligence in 5 minutes as others pointed it out quite rightly then your motivation doesn't seem a very supportive one for small and inexperienced coin holders like myself who believed in your project, but sounds like keep up the interest in your coin business. What kind of banker would post such advertisement in a bitcointalk forum with a vogue "5% under market rate" value. How this person can be taken seriously and then how your due diligence is serious? Please.

You guys in the dev team are all very capable professionals, I was really-really inteersted in this coin, especially when I got your source code from github and look at it, it is an impressive and brilliant work, so I thought such nice professionals like you guys wouldn't start a scam - but your association with BlackHand and then this bank investor ... a bit confusing. Anyway, good luck in your venture.

I just sent a PM and an email. As far as I can tell, nobody on here has publicly contacted the individual. I don't know or care what happens between them. It's not my job to do due diligence. I was just curious which is why I attempted contact.

Our association with BlackHand is that BlackHand owns some VeriCoin. I'm not sure what the problem is. What should I do? Hard fork and block their addresses? Are you serious?

[socal]

zsp what exactly is your issue besides trying to spread FUD to scoop up cheap VRC, do you not understand VRC is ALREADY cheap? dude seriously take your FUD and go elsewhere cause nobody is listening to your babble

[MAD945]

Hey Pat,

 Don't fall for the FUDster trap...that is all!

[zsp]

An interested party has contacted me. Thanks for the offers, everyone. I will return if we decide to purchase additional VRC.

Suppose this is good news. Smart money expecting 100mil+ marketcap.

With all due respect, but that's nothing but a pathetic attempt at trying to pump the coin. Trying to make people think that he's a business man interested in buying $100k worth of VRC. After minutes he finds an interested party. hahaha. What is this, kindergarten ?

Yes this is really disgusting and concerning. He is is buying nothing just trying to make look the coin better. Under 5% of the market value - in a day when the market value is from 27K to 38.5k. So under 5% of what? Which is the most concerning that one of the devs is spreading the news at IRC that this investor is legit, US bank etc. I have invested in this coin but getting very concerned when I see the devs are acting like this. Very confusing, smart PhDs and trying to talk up the coin with imaginative "investors".

Yea, I didn't try to make any coin look better. I PMed 'vrcinvestor' soon after he posted and he provided me an email with a domain associated with a firm. It seemed legitimate so I sent an email and got a confirmation response. I'm not really in the position to validate financial transactions but as far as the individual is concerned he seems legitimate.

Feel free to sell off your coin if you are questioning my motivations.

When you are doing your due diligence in 5 minutes as others pointed it out quite rightly then your motivation doesn't seem a very supportive one for small and inexperienced coin holders like myself who believed in your project, but sounds like keep up the interest in your coin business. What kind of banker would post such advertisement in a bitcointalk forum with a vogue "5% under market rate" value. How this person can be taken seriously and then how your due diligence is serious? Please.

You guys in the dev team are all very capable professionals, I was really-really inteersted in this coin, especially when I got your source code from github and look at it, it is an impressive and brilliant work, so I thought such nice professionals like you guys wouldn't start a scam - but your association with BlackHand and then this bank investor ... a bit confusing. Anyway, good luck in your venture.

I just sent a PM and an email. As far as I can tell, nobody on here has publicly contacted the individual. I don't know or care what happens between them. It's not my job to do due diligence. I was just curious which is why I attempted contact.

Our association with BlackHand is that BlackHand owns some VeriCoin. I'm not sure what the problem is. What should I do? Hard fork and block their addresses? Are you serious?

OK then. I could be very wrong about the whole situation and I am happy if everything is legit as you said. As I said I really believed in your project and it's great to hear that nothing to be concerned about.

[pnosker]

You can buy your VeriCoin using EUROs now!! https://www.litebit.eu/coin/vrc/en/

[italeffect]

...

Are you using Mac?

Yes

[keshuker]

Our association with BlackHand is that BlackHand owns some VeriCoin. I'm not sure what the problem is. What should I do? Hard fork and block their addresses? Are you serious?

Isn't Wizfarm a part of this group? Did he not have a very large influence so far on the development of Vericoin? Did he not fund the tldr; deal? Did he not fund the Veribit buffer?

So much for transparency and telling the truth

[blizeH]

So I can't put a password on my wallet and get interest? Meh... that seems somewhat unsafe

[pnosker]

...

Are you using Mac?

Yes

The Mac wallet has a bug where it tries to generate interest too often. You're still getting the right amount, it's just going to make some unconfirmed ones too. We're looking into it.

Our association with BlackHand is that BlackHand owns some VeriCoin. I'm not sure what the problem is. What should I do? Hard fork and block their addresses? Are you serious?

Isn't Wizfarm a part of this group? Did he not have a very large influence so far on the development of Vericoin? Did he not fund the tldr; deal? Did he not fund the Veribit buffer?

So much for transparency and telling the truth

I don't know the intricacies of Black Hand or Wiz, but I do know Wiz donated his personal money into a long term project (funding a PR agency and Chris Pirillo) which he wouldn't have done if he was trying to pump and dump.

Wiz and the rest have no say whatsoever about the development of the coin and they don't have access to the sourcecode, website, etc. They are free to promote and buy whatever coin they choose to. Wiz is doing a good job promoting the coin. That's what it is. He is not influencing the development of VeriCoin. He did not fund the VeriBit buffer.

[Bitcycle]

Our association with BlackHand is that BlackHand owns some VeriCoin. I'm not sure what the problem is. What should I do? Hard fork and block their addresses? Are you serious?

Isn't Wizfarm a part of this group? Did he not have a very large influence so far on the development of Vericoin? Did he not fund the tldr; deal? Did he not fund the Veribit buffer?

So much for transparency and telling the truth

Of course, the devs have disclosed and discussed this publicly. In this thread. Today.

So, yeah. Transparency.

[pnosker]

So I can't put a password on my wallet and get interest? Meh... that seems somewhat unsafe

You can put a password on and generate interest. You must unlock the wallet to generate the interest but the wallet is password protected.

[buy4crypto]

Anyone that can send me a VRC please? I'll even send it back tomorrow if you want. I really don't want to have to make a deposit for a few coins. I just want to actually stake a coin before I keep trying to help those out who had problems.

C'mon guys. The community sent the devs to Chicago. Help this VRC supporter stake a claim so I can better understand and help more people!

[blizeH]

So I can't put a password on my wallet and get interest? Meh... that seems somewhat unsafe

You can put a password on and generate interest. You must unlock the wallet to generate the interest but the wallet is password protected.

Thank you, please pardon my ignorance but how do I do that? I can only see the encrypt wallet option, the 'Change passphrase' and 'Unlock wallet' options are greyed out

[keshuker]

Our association with BlackHand is that BlackHand owns some VeriCoin. I'm not sure what the problem is. What should I do? Hard fork and block their addresses? Are you serious?

From IRC:
<@pnosker> zsp: blackhand isn't pumping/dumping VRC as far as I know. they've donated a lot of BTC to help us fund stuff like PR

[buy4crypto]

So I can't put a password on my wallet and get interest? Meh... that seems somewhat unsafe

You can put a password on and generate interest. You must unlock the wallet to generate the interest but the wallet is password protected.

Thank you, please pardon my ignorance but how do I do that? I can only see the encrypt wallet option, the 'Change passphrase' and 'Unlock wallet' options are greyed out

Go to your setting tab on the top of your wallet. The top option will be to encrypt your wallet. Make sure you use a good password and never lose that. If you lose that you cannot get your coins back under any circumstance after encryption.

[blizeH]

Go to your setting tab on the top of your wallet. The top option will be to encrypt your wallet. Make sure you use a good password and never lose that. If you lose that you cannot get your coins back under any circumstance after encryption.

Thanks, that's what I was going to do, but a lot of people are saying if you do that then it won't generate interest

[pnosker]

Anyone that can send me a VRC please? I'll even send it back tomorrow if you want. I really don't want to have to make a deposit for a few coins. I just want to actually stake a coin before I keep trying to help those out who had problems.

C'mon guys. The community sent the devs to Chicago. Help this VRC supporter stake a claim so I can better understand and help more people!

I sent you one.

So I can't put a password on my wallet and get interest? Meh... that seems somewhat unsafe

You can put a password on and generate interest. You must unlock the wallet to generate the interest but the wallet is password protected.

Thank you, please pardon my ignorance but how do I do that? I can only see the encrypt wallet option, the 'Change passphrase' and 'Unlock wallet' options are greyed out

Choose the option "Encrypt wallet" to set a password.

Our association with BlackHand is that BlackHand owns some VeriCoin. I'm not sure what the problem is. What should I do? Hard fork and block their addresses? Are you serious?

From IRC:
<@pnosker> zsp: blackhand isn't pumping/dumping VRC as far as I know. they've donated a lot of BTC to help us fund stuff like PR

Wiz/crew paid for a PR company for us. I'm not sure how that influences development. And as I said, pretty clearly, they are definite investors for the long-term. I don't see a problem here. They don't control us and we don't control them. They are being very helpful financially.

Go to your setting tab on the top of your wallet. The top option will be to encrypt your wallet. Make sure you use a good password and never lose that. If you lose that you cannot get your coins back under any circumstance after encryption.

Thanks, that's what I was going to do, but a lot of people are saying if you do that then it won't generate interest

As long as you unlock your wallet you will generate interest.

[buy4crypto]

Thanks for the coin. Good deal. Will be staking in no time. As of now my coin is spendable, in 8 hours we should be staking.

I don't allow myself to trade crypto anymore. Lost way to many btc and money in rigs early in the year to do that again. Moved onto creating websites to support crypto like VeriCoin and others.

Working on the F.A.Q section now, going back through all the old questions here and making a section on my website for a quick help reference to those in need.

[chunkyjunkie]

Hey Pat,

 Don't fall for the FUDster trap...that is all!

I agree FUD is rampant and should not be followed blindly.

However, legit questions are not fud and should be addressed.  Addressed FUD ends up being the best support.