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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1348516 times)
T.Stuart
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June 29, 2014, 03:32:37 PM
 #5381

Looks like we are due for a pump in about 30 minutes...

Order book looks big but charts say other direction

                                                                               
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onsightit
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June 29, 2014, 03:41:12 PM
 #5382

Looks like we are due for a pump in about 30 minutes...

Order book looks big but charts say other direction

Did you see the 1 hour RSI and MACD?

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
onsightit
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June 29, 2014, 03:46:04 PM
 #5383

Looks like we are due for a pump in about 30 minutes...

Order book looks big but charts say other direction

Did you see the 1 hour RSI and MACD?


Buy wall pulled... f'n manipulators...

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
T.Stuart
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June 29, 2014, 03:46:09 PM
 #5384

Looks like we are due for a pump in about 30 minutes...

Order book looks big but charts say other direction

Did you see the 1 hour RSI and MACD?


Yep, but they can get stretched further (see earlier dates).

The long-term lower trendline really needs to be touched again so for me it's either down or sideways for a while.

Added to this the fact that we have just finished some serious pumping - it will take more than another Google hangout to get the train rolling again.

                                                                               
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T.Stuart
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June 29, 2014, 03:47:05 PM
 #5385

Looks like we are due for a pump in about 30 minutes...

Order book looks big but charts say other direction

Did you see the 1 hour RSI and MACD?


Buy wall pulled... f'n manipulators...

It's not manipulators - it's people realising that we need more time to get over the latest pump.

EDIT: it was a sell

                                                                               
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.◆ ◆ ◆ ONE TOKEN TO MOVE ANYTHING ANYWHERE ◆ ◆ ◆.
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onsightit
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June 29, 2014, 03:51:12 PM
 #5386

Looks like we are due for a pump in about 30 minutes...

Order book looks big but charts say other direction

Did you see the 1 hour RSI and MACD?


Buy wall pulled... f'n manipulators...

It's not manipulators - it's people realising that we need more time to get over the latest pump.

EDIT: it was a sell

I don't think we just sold 130k vrc.  it was pulled...

EDIT: and now there's a sell wall.  f'n manipulators..

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
Rekatan
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June 29, 2014, 03:51:48 PM
 #5387

I'd rather have a bit more substantial correction now than continued growth to the point that when the real correction finally hits it sets us back weeks. With a long term coin like this, it strengthens the base of holders every time - gradually funneling more coins away from weak hands and into long term holders. I say bring on the bear for a bit. I'll happily keep staking.
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June 29, 2014, 03:54:51 PM
 #5388

I'd rather have a bit more substantial correction now than continued growth to the point that when the real correction finally hits it sets us back weeks. With a long term coin like this, it strengthens the base of holders every time - gradually funneling more coins away from weak hands and into long term holders. I say bring on the bear for a bit. I'll happily keep staking.

Agreed, and the market cap has a ways to go. So bear country is good...  If the intentions of the "f'n manipulators" is to create more buy-in, then I'm ok with them.

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
lootz
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June 29, 2014, 04:29:07 PM
 #5389

Anyone try this yet http://litecoinfever.com/ to buy vericoin ? think its trustworthy ?
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June 29, 2014, 04:31:01 PM
 #5390



Not me, just someone from twitter, not the developers  Grin

313 btc is like $186,000 usd... nothing really but look at this again in 3-5 years and that $186,000 well will lol , I count can't that high..

makes my 380 coins look really  really sad...

You're not alone buddy  Roll Eyes
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June 29, 2014, 04:42:14 PM
 #5391

I do not really get what this currency has to offer.. do you guys know how easy it is to set up centralized sms nodes?  SMSTools (open source) with 100 lines of bash/perl or python. Dont get it, are the crypto community really this ignorant? It will take me 6 hours tops to accomplish the sms-software, and vericoin have 7M market cap? Jesus christ.
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June 29, 2014, 04:46:42 PM
 #5392

I do not really get what this currency has to offer.. do you guys know how easy it is to set up centralized sms nodes?  SMSTools (open source) with 100 lines of bash/perl or python. Dont get it, are the crypto community really this ignorant? It will take me 6 hours tops to accomplish the sms-software, and vericoin have 7M market cap? Jesus christ.
what does litecoin have to offer sitting at 269M cap? susmaryosep
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June 29, 2014, 04:48:21 PM
 #5393

Like the sms is the only feature of vrc  Roll Eyes stop spreading those bullshit fud and get on with your other coin(s).

Need BadAss Bulletproof VPS or Bulletproof VPN or why not just mail safe with Safe-Mail. We care about your privacy.
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June 29, 2014, 04:48:23 PM
 #5394

What ever happened to under promise, over deliver.

It would be better for future updates for the team to put out a wallet release successfully, and on time before promoting it on twitter and elsewhere.

After how much talk about it, and how it would be out today, no reason to fail. If you cannot make a deadline you impose on yourself, and continuously talk it up. I see no good coming out of that.

IMO, it would be nice to see our dev's play less hype man, and be more responsible about making deadlines and keeping our technology cutting edge. This would improve the price more than anything and instill the confidence to take it to the next level.
Devs, I agree with this too.  A little less twitter hype, smack talk, etc from the devs would be good and instead create a pattern of underpromising and over-delivering.
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June 29, 2014, 04:50:02 PM
 #5395


VeriCoin
‏@VeriCoin
After much testing, progress and a little delay, we are now preparing the release of the new #VeriBit #VeriSend integrated wallet for Today.

2m ago

Tales from the crypto

One Wallet to Rule them All! http://coinomi.com/ Now with Shapeshift integration!
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June 29, 2014, 04:51:09 PM
 #5396

Well, some input from devs why this new wallet is late would be appreciated, but it is not the end of the world though.

Need BadAss Bulletproof VPS or Bulletproof VPN or why not just mail safe with Safe-Mail. We care about your privacy.
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June 29, 2014, 04:53:40 PM
 #5397

Don't worry guys something BIG that no other coin has is coming Smiley

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June 29, 2014, 04:55:17 PM
 #5398

I do not really get what this currency has to offer.. do you guys know how easy it is to set up centralized sms nodes?  SMSTools (open source) with 100 lines of bash/perl or python. Dont get it, are the crypto community really this ignorant? It will take me 6 hours tops to accomplish the sms-software, and vericoin have 7M market cap? Jesus christ.

Like the sms is the only feature of vrc  Roll Eyes stop spreading those bullshit fud and get on with your other coin(s).

This is not FUD. I mean, what do the crypto community want, drive the development forward with uniq ideas? Everyone is afraid.. money money money, not to build something that lasts. Vericoin has absolutely nothing to offer more than other currencys in the same genre, except the sms-nodes.
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June 29, 2014, 04:58:28 PM
 #5399

Don't worry guys something BIG that no other coin has is coming Smiley

?
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June 29, 2014, 04:58:40 PM
 #5400

Question for the devs:  Someone brought up a good point in the Google hangouts (I think) comments.  If veribit has to exchange vrc for btc, how can vericoin purchases be any faster than bitcoin?  The solution (if you have not already thought of it, and I'm sure you have) would be to use the VeriFund to pre-auth the transaction within seconds (fewer confirms?), and then the transaction slogs through the bitcoin network as per normal.  Is this the case?  If so, it should be made public knowledge to quench some of the fud out there.  If it's not the case, feel free to use the idea.

EDIT:
Also, I am still concerned about the 2 VRC (now 1 VRC) transaction fee.  I think for VeriBit to be accepted, the fee should be a percentage of the transaction value. I'd pay 1% up to a max of 1 VRC per transaction.  Like I mentioned earlier, if VRC is at 0.25 BTC and BTC is at $1000 USD, no one will use VeriBit.  Until VeriCoin is accepted natively, this seems like a fair fee to pay for the convenience.
Just like they already reduced the fee from 2 VRC to 1 VRC as the price rose, pnosker said they will reduce the fee as the price rises so you need not worry.  The point of the fee is to not make profit but to stay just high enough to cover exchange and maintenance costs which keeps the cost as low as possible.  It is also important to have the 1 VRC fee to discourage unnecessary overuse.  If you just had only a % fee then people may abuse it and overuse it for no reason which unnecessary increases the size of the blockchain.  Trust me, they've already thought of most everything and there is a reason for what they do.
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