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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1349972 times)
buy4crypto
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June 27, 2014, 04:44:04 PM
 #4661

ok all the startjoin campaign for the Physical Vericoins is now active. Please go here to donate: https://www.startjoin.com/physvericoin
Don't forget to spread the word!!!

Very excited, If you are not investing in silver for the long run then you should probably look into it.

If you want silver go and buy silver from reputable dealer for 2/5 the cost.

This is a shiny VRC souvenir.

I already buy bi-weekly, same coins get tiring if you have collected as long as I have. I always look for cool coins so much more fun.

You know then more than anyone, you're not purchasing this for the silver. You're purchasing a collectible with this, and there is nothing wrong with it. But if you want silver, for silvers sake is a lot better ways of doing it, and you can still donate to VRC.

Also, Just to bring clarity, Is any profit being taken by the producer of the coins? Whats the split between what goes to VRC fund ect. If its nearly all for the fund then I may even buy 1. If its to get someone a few bucks to sell overpriced silver, no thx  Roll Eyes


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████ - freecrypto.top - btcinfo.top - DIGITAL CURRENCY DIRECTORIES - freeMonero.comfunbtc.xyz  ████
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J9901
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June 27, 2014, 04:54:14 PM
 #4662

oh my....dem devs

drkman
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June 27, 2014, 04:59:06 PM
 #4663

New record staking range at 12.6 million.  This coin is so undervalued as it deserves to be tied in mkcap to the number 1 altcoin........Darkcoin.  I truly believe we are just now beginning a longterm rise that ends with VRC battling for the number 3 spot behind Litecoin.  The movement is just like when Darkcoin first awakened and went to .002, fell back and then began a long rise again that took it from .0015, past .002 and then all the way up to .028.

We have a 10x move coming given VRC has ring based anon and the instant ability to use that anon to spend Vericoins anywhere BTC is accepted.  If anyone is sitting in BTC, its better to move all those savings to VRC and collect interest until you need to spend it.  Then as you need to, use Verisend and Veribit to spend.  It's as close to a perfect a solution as we have in crypto right now and the tech is only going to get better folks!
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June 27, 2014, 05:03:45 PM
 #4664

ok all the startjoin campaign for the Physical Vericoins is now active. Please go here to donate: https://www.startjoin.com/physvericoin
Don't forget to spread the word!!!

P.S. here is a link to a mock up of the coins to provide an idea of what the coins will look like, keep in mind this is a first draft and subject to change but should provide a good idea of how the coins will look https://imgur.com/a/7bA1I

Four backers already! keep it going guys!
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June 27, 2014, 05:07:19 PM
 #4665

ok all the startjoin campaign for the Physical Vericoins is now active. Please go here to donate: https://www.startjoin.com/physvericoin
Don't forget to spread the word!!!

Very excited, If you are not investing in silver for the long run then you should probably look into it.

If you want silver go and buy silver from reputable dealer for 2/5 the cost.

This is a shiny VRC souvenir.

I already buy bi-weekly, same coins get tiring if you have collected as long as I have. I always look for cool coins so much more fun.

You know then more than anyone, you're not purchasing this for the silver. You're purchasing a collectible with this, and there is nothing wrong with it. But if you want silver, for silvers sake is a lot better ways of doing it, and you can still donate to VRC.

Also, Just to bring clarity, Is any profit being taken by the producer of the coins? Whats the split between what goes to VRC fund ect. If its nearly all for the fund then I may even buy 1. If its to get someone a few bucks to sell overpriced silver, no thx  Roll Eyes



I am splitting all profits 50/50 with the VeriFund, not that I expect much profit because as stated in the hangout the initial costs are high, $500 - $800 for custom mold $300 - $400 for the holograms and then each coin is spot price plus a minting premium of $5 - $15 dollars, and do not forget each coin comes with a 10 VRC "Thank You"

Also I could have chosen to do the coins in another metal to keep costs down but from my experience in the Physical Coin world most people want precious metal Physical Coins AND by being made out of silver this offers a dual investment (in both VRC AND Silver) and the coins will retain value even if the VRC is spent.
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June 27, 2014, 05:13:05 PM
 #4666

What if VRC reaches 1,000,000 satoshis before summer's end?


===================

===================
Crindon
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June 27, 2014, 05:16:40 PM
 #4667

Why is tomorrow's wallet release a big deal?

VeriSend and VeriBit have been proven to be working technology. The problem is that they are centralized.

Once they get incorporated into the wallet and released tomorrow, they will be decentralized. This means the technology is proven and safe. This is why having VRC in a portfolio is a sound idea. Anyone with money would be insane not to buy in as much as possible right now. But, we do live in a crazy world.
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June 27, 2014, 05:17:20 PM
 #4668

What's the best way to buy BTC so I can buy more VRC?
blizeH
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June 27, 2014, 05:18:22 PM
 #4669

How come my interest is less than half of what I got yesterday? I get the whole 'dynamic interest' thing but how exactly is it calculated?

SaveForrest
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June 27, 2014, 05:18:44 PM
 #4670

What if VRC reaches 1,000,000 satoshis before summer's end?


Maybe if developers fulfill all their promises.
And if people and market will like this coin and adopt it.

How many users it has so far? one hundred or one thousand maybe?
I think now it is overpriced, there is no need for this coin to be expensive in comparison with bitcoin. If it drop down back under previous price I start to think to buy some, Not for this price
blizeH
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June 27, 2014, 05:20:23 PM
 #4671

How is expensive compared to Bitcoin? I traded 1 BTC for thousands of VRC D:

T.Stuart
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June 27, 2014, 05:21:55 PM
 #4672


I think now it is overpriced... If it drop down back under previous price I start to think to buy some...


A common refrain on these forums  Cheesy

                                                                               
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Crindon
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June 27, 2014, 05:22:25 PM
 #4673

What if VRC reaches 1,000,000 satoshis before summer's end?


Maybe if developers fulfill all their promises.
And if people and market will like this coin and adopt it.

How many users it has so far? one hundred or one thousand maybe?
I think now it is overpriced, there is no need for this coin to be expensive in comparison with bitcoin. If it drop down back under previous price I start to think to buy some, Not for this price

VeriSend and VeriBit have already been proven technology. The development team always delivers and on time.

There has been 0 evidence to the contrary, so stop with the FUD.

This coin is severely undervalued, not overpriced. Did you miss the train or something?
drkman
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June 27, 2014, 05:23:36 PM
 #4674

What's the best way to buy BTC so I can buy more VRC?
PM me.
T.Stuart
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June 27, 2014, 05:23:44 PM
 #4675


VeriSend and VeriBit have already been proven technology. The development team always delivers and on time.

There has been 0 evidence to the contrary, so stop with the FUD.

This coin is severely undervalued, not overpriced. Did you miss the train or something?

Nice pump!  Grin

                                                                               
███████████████▄▄▄                     ▄█▄     ▀█████▄                     ▄█████▀
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.◆ ◆ ◆ ONE TOKEN TO MOVE ANYTHING ANYWHERE ◆ ◆ ◆.
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Crindon
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June 27, 2014, 05:23:54 PM
 #4676

What's the best way to buy BTC so I can buy more VRC?

CoinBase if you are in the US.
cavirtex.com if you are in Canada.

Not sure about other locations.
Crindon
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June 27, 2014, 05:25:42 PM
 #4677


VeriSend and VeriBit have already been proven technology. The development team always delivers and on time.

There has been 0 evidence to the contrary, so stop with the FUD.

This coin is severely undervalued, not overpriced. Did you miss the train or something?

Nice pump!  Grin

Not a pump, it's the truth. The underlying centralization problem will be fixed because both technologies will be incorporated into the wallet. The team is also solid, Microsoft OneDrive software engineer and two Ph.D. candidates in computational biology/engineering as opposed to randomcrapcoincloner17 with mad coin coding skillz.
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June 27, 2014, 05:27:09 PM
 #4678


I think now it is overpriced... If it drop down back under previous price I start to think to buy some...


A common refrain on these forums  Cheesy
What will happen is it will climb up to 50, then go back down to a 'cheap' 45 or so and he'll buy in, kicking himself for not getting in earlier

(or at least that's happened to me, plenty of times before)

leckey
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June 27, 2014, 05:27:14 PM
 #4679

Are there any VRC faucets? I been looking for a week now to find one and no luck.

Its not many people yet, but a few are checking out the FreeVeriCoin.com site and It would be nice to help get them to a faucet.

I have one at http://vrcfaucet.visitbit.com/ - I loaded it up with 900 VRC last week and it's all gone now, so faucet is dry - nobody donated to keep it alive.

Actually, as it turns out, faucet is no longer dry. Thank you to whoever donated.
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June 27, 2014, 05:28:50 PM
 #4680

Quick question, I am new to staking. I started last night, and the time to my first interest payment has decreased by about 7 days in 14 hours or so. Can anyone explain what the process is used to determine the length until payout?

This is defined in the file bitcoingui.cpp in the qt folder of the source.  The way it's defined is as follows:

        unsigned nEstimateTime = nTargetSpacing * nNetworkWeight / nWeight;

        QString text;
        if (nEstimateTime < 60)
        {
            text = tr("%n second(s)", "", nEstimateTime);
        }
        else if (nEstimateTime < 60*60)
        {
            text = tr("%n minute(s)", "", nEstimateTime/60);
        }
        else if (nEstimateTime < 24*60*60)
        {
            text = tr("%n hour(s)", "", nEstimateTime/(60*60));
        }
        else
        {
            text = tr("%n day(s)", "", nEstimateTime/(60*60*24));
        }

nTargetSpacing is 1 minute (the blocktime).
nNetworkWeight is the current network stake weight.
nWeight is the the amount of coins you have eligible for staking.

So essentially the program estimates the time required for staking by looking at your coins, determining which ones can stake, and dividing it by the total network stake weight.

Thanks for digging into the code.  So is staking per address?  If all your coins are in one address, does it just speed up the interest payments?  I would assume the amount earned should be the same whether staking in one or multiple addresses.  Can someone confirm?

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