pratico
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Merit: 0
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June 30, 2014, 02:59:13 AM |
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Gotto admit I was skeptical until I saw verisend work a few times. I'll be buying now as we go up
Verisend is both trusted and centralized (as opposed to trustless and decentralized). In other words, it's a completely worthless anonymity solution. AKA, it's a gimmick, kind of like how veribit is a gimmick, just in a different sort of way. Thanks for the FUD... The Devs have already stated that they are working on complete decentrialized system for Verisend and Veribit. Tell me how its a gimmick, where can I you spend your Dark, XC, Monero, Black, Peer, NXT, NEM? Don't give me 3-5 websites either! Now where can I spend my Vericoin? Oh right....anywhere Bitcoin is! Vericoin = Checkmate other shitcoins! Tell me why I would use VRC to purchase something when I can use bitcoin? All veribit does is allow someone to exchange VRC for btc on their website as opposed to doing so on an exchange. It doesn't get more gimmicky than that. The price of this coin is ridiculously inflated. There is nothing truly innovative that VRC offers.
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sdmathis
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June 30, 2014, 03:04:15 AM |
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Gotto admit I was skeptical until I saw verisend work a few times. I'll be buying now as we go up
Verisend is both trusted and centralized (as opposed to trustless and decentralized). In other words, it's a completely worthless anonymity solution. AKA, it's a gimmick, kind of like how veribit is a gimmick, just in a different sort of way. Thanks for the FUD... The Devs have already stated that they are working on complete decentrialized system for Verisend and Veribit. Tell me how its a gimmick, where can I you spend your Dark, XC, Monero, Black, Peer, NXT, NEM? Don't give me 3-5 websites either! Now where can I spend my Vericoin? Oh right....anywhere Bitcoin is! Vericoin = Checkmate other shitcoins! It's really not checkmate until VRC can be used on its own. Sorry, that's just the truth. In all fairness, the XC dev is pretty sharp. I'm sure he can figure out a way to make a Veribit type application. I just think the VRC devs were the first to think of something like that and to their credit VRC is now the first mover. Don't count out XC in coming up with something revolutionary. I like Vericoin, so don't get the wrong idea from my comment. I'm just keeping it real. I'm sure a lot of developers will be making a VeriBit copy for their own coins. They'd be fools not to.
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sdmathis
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June 30, 2014, 03:06:01 AM |
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Gotto admit I was skeptical until I saw verisend work a few times. I'll be buying now as we go up
Verisend is both trusted and centralized (as opposed to trustless and decentralized). In other words, it's a completely worthless anonymity solution. AKA, it's a gimmick, kind of like how veribit is a gimmick, just in a different sort of way. Thanks for the FUD... The Devs have already stated that they are working on complete decentrialized system for Verisend and Veribit. Tell me how its a gimmick, where can I you spend your Dark, XC, Monero, Black, Peer, NXT, NEM? Don't give me 3-5 websites either! Now where can I spend my Vericoin? Oh right....anywhere Bitcoin is! Vericoin = Checkmate other shitcoins! Tell me why I would use VRC to purchase something when I can use bitcoin? All veribit does is allow someone to exchange VRC for btc on their website as opposed to doing so on an exchange. It doesn't get more gimmicky than that. The price of this coin is ridiculously inflated. There is nothing truly innovative that VRC offers. Actually, it's exchanged in the wallet. Much more convenient. Of course, you are welcome to use an exchange if you want. It's your choice.
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pratico
Newbie
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Activity: 28
Merit: 0
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June 30, 2014, 03:08:12 AM |
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I've not seen a bigger gimmick than veribit in all my years in crypto currency. How do you guys not see this? I feel like I'm taking crazy pills...
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benthach
Legendary
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Activity: 1778
Merit: 1000
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June 30, 2014, 03:08:28 AM |
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can this be confirm by the vericoin team? it's seem vericoin getting good exposures lately. i think it's a serious and very good coin to get an article at coindesk and keiserreport.
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reddit btcwriter1 - twitter kingpininvestor
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sdmathis
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June 30, 2014, 03:10:05 AM |
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I've not seen a bigger gimmick than veribit in all my years in crypto currency. How do you guys not see this? I feel like I'm taking crazy pills...
It's hard to take new FUD accounts seriously.
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portdavenport
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June 30, 2014, 03:10:55 AM |
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VeriBit is one of the most simple, yet practical ideas to come out of Altcoins.
Let us not all forget here the reserve cryptocurrency we are all trading back into, that being "Bitcoin".
...Of course this doesn't mean we shouldn't have other reserve cryptocurrencies as trading options other than Bitcoin; in fact, we already have several alternatives. However, any Altcoin innovation that brings altcoin usability and utility closer to Bitcoin retail markets has got to be a good thing in the interests of competition and a healthy cryptocurrency industry.
I Veribit is an excellent idea!
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majeis
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June 30, 2014, 03:13:53 AM |
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I've not seen a bigger gimmick than veribit in all my years in crypto currency. How do you guys not see this? I feel like I'm taking crazy pills...
Judging by your post history, I'm wondering why you're not pumping xc in all your FUD. Also, can you come up with something better than a Zoolander quote?
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benthach
Legendary
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Activity: 1778
Merit: 1000
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June 30, 2014, 03:17:17 AM |
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good to know. seem like you guys getting a show! please post us more and clip when this happen.
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reddit btcwriter1 - twitter kingpininvestor
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effectsToCause (OP)
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June 30, 2014, 03:19:58 AM |
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In response to VeriBit being some gimmick. No regular alt-coin in the near future will have BitCoin's market penetration, it is the Achillies heel of alt-coins. However as far the end user convenience is concerned VeriCoin actually has more market penetration than Bitcoin. All of Bitcoin's plus a few exclusive for VeriCoin. That's a significant difference overnight.
Regarding convenience, that is why money and digital currency exist, it's more convenient than gold.
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pratico
Newbie
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Activity: 28
Merit: 0
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June 30, 2014, 03:24:51 AM |
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In response to VeriBit being some gimmick. No regular alt-coin in the near future will have BitCoin's market penetration, it is the Achillies heel of alt-coins. However as far the end user convenience is concerned VeriCoin actually has more market penetration than Bitcoin. All of Bitcoin's plus a few exclusive for VeriCoin. That's a significant difference overnight.
Regarding convenience, that is why money and digital currency exist, it's more convenient than gold.
Again, how is veribit different than me taking another coin, say DRK, and exchanging it for btc on mintpal to make a purchase? Veribit doesn't revolutionize anything. And guess what, both methods will take a similar amount of time and effort to make a purchase. But Veribit has a 1 btc max right?... Veribit is a gimmick and nothing more.
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MAD945
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June 30, 2014, 03:25:26 AM |
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Gotto admit I was skeptical until I saw verisend work a few times. I'll be buying now as we go up
Verisend is both trusted and centralized (as opposed to trustless and decentralized). In other words, it's a completely worthless anonymity solution. AKA, it's a gimmick, kind of like how veribit is a gimmick, just in a different sort of way. Thanks for the FUD... The Devs have already stated that they are working on complete decentrialized system for Verisend and Veribit. Tell me how its a gimmick, where can I you spend your Dark, XC, Monero, Black, Peer, NXT, NEM? Don't give me 3-5 websites either! Now where can I spend my Vericoin? Oh right....anywhere Bitcoin is! Vericoin = Checkmate other shitcoins! Tell me why I would use VRC to purchase something when I can use bitcoin? All veribit does is allow someone to exchange VRC for btc on their website as opposed to doing so on an exchange. It doesn't get more gimmicky than that. The price of this coin is ridiculously inflated. There is nothing truly innovative that VRC offers. Again your missing the point...what is the point of the other alts? You can't use them for what they are made for...as a means of trade or exchange! Reason being they don't have the market share Bitcoin does. Vericoin gets around this by being able to use the market share of Bitcoin...huge market share. This is just the beginning of this coin...more innovation to come! If these guys can come up something truly new and functional, what else can they come up with!!
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lootz
Legendary
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Activity: 806
Merit: 1000
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June 30, 2014, 03:25:56 AM |
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I've not seen a bigger gimmick than veribit in all my years in crypto currency. How do you guys not see this? I feel like I'm taking crazy pills...
wow do you get paid for putting out all that FUD ?
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Fippy
Full Member
 
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Activity: 252
Merit: 100
UNCLOAK™ - Cyber Threat Detection Powered by EOS™
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June 30, 2014, 03:32:27 AM |
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I've not seen a bigger gimmick than veribit in all my years in crypto currency. How do you guys not see this? I feel like I'm taking crazy pills...
You are looking at it as someone already familiar with cryptocurrency, and comfortable with the use of exchanges. You have to abandon that narrow field of vision and look at the potential from the outside. Every pretentious tard around here is waiting for 'moon' and 'Wall Street' and 'mass adoption'....but that doesn't happen on it's own. It requires greater market penetration, innovation, exposure, ease of use, the list goes on and on. To you it may be a gimmick. To me it's one more step in the ongoing movement that is cryptocurrency. To be honest mate, not to sound harsh....but if you can't see the potential this brings when we live in a world where everyone just wants "faster", "simpler" and "easier", then you are beyond my help.
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effectsToCause (OP)
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June 30, 2014, 03:32:34 AM |
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In response to VeriBit being some gimmick. No regular alt-coin in the near future will have BitCoin's market penetration, it is the Achillies heel of alt-coins. However as far the end user convenience is concerned VeriCoin actually has more market penetration than Bitcoin. All of Bitcoin's plus a few exclusive for VeriCoin. That's a significant difference overnight.
Regarding convenience, that is why money and digital currency exist, it's more convenient than gold.
Again, how is veribit different than me taking another coin, say DRK, and exchanging it for btc on mintpal to make a purchase? Veribit doesn't revolutionize anything. And guess what, both methods will take a similar amount of time and effort to make a purchase. But Veribit has a 1 btc max right?... Veribit is a gimmick and nothing more. Fungibility
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pratico
Newbie
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Activity: 28
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June 30, 2014, 03:33:28 AM |
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In response to VeriBit being some gimmick. No regular alt-coin in the near future will have BitCoin's market penetration, it is the Achillies heel of alt-coins. However as far the end user convenience is concerned VeriCoin actually has more market penetration than Bitcoin. All of Bitcoin's plus a few exclusive for VeriCoin. That's a significant difference overnight.
Regarding convenience, that is why money and digital currency exist, it's more convenient than gold.
Again, how is veribit different than me taking another coin, say DRK, and exchanging it for btc on mintpal to make a purchase? Veribit doesn't revolutionize anything. And guess what, both methods will take a similar amount of time and effort to make a purchase. But Veribit has a 1 btc max right?... Veribit is a gimmick and nothing more. In fact, veribit is harmful. The more people use veribit, the more VRC will be dumped into the markets (as it is being exchanged for btc to make the purchase), only dragging down the price. Looks like vericoin has invented the ultimate dumping machine as it becomes increasingly more "popular."
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GridWorker
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June 30, 2014, 03:35:03 AM |
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However, any Altcoin innovation that brings altcoin usability and utility closer to Bitcoin retail markets has got to be a good thing in the interests of competition and a healthy cryptocurrency industry.
However as far the end user convenience is concerned VeriCoin actually has more market penetration than Bitcoin. All of Bitcoin's plus a few exclusive for VeriCoin.
Very True I feel like I'm taking crazy pills...
You should probably lay off the crazy pills for a while. 
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vrc: VBL3M6EzwcYZWeuDpgjG9bDQzTKb4ydiDy
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