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

[Bitcycle]

The price has been moving with the market all day seems to be in a stable place atm

You used to be able to depend on LTC as a multiplier for BTC.  It went up or down more than BTC itself did.  But now it's kinda stuck in the mud, and none of the other cryptos have really replaced it yet.

If we saw another bubble-sized rally, though, I think the leading cryptos would rise even faster than BTC, as happened last November.

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[T.Stuart]

Just drifted easily right into the up-zone following the latest correction.

Dedicated team with top communication skills, plenty of development, news and events in the pipeline, small market cap...

 

[SaveForrest]

Here's the main thing I worry about- DRK is much further along in implementing decentralized anonymity than VRC is. Once they have it working, implementing "Darkbit" to imitate Veribit is a trivial thing for them to do. Could happen extremely quickly.

Whereas VRC will still be looking at a long, hard road to decentralized anonymity. DRK is doing they harder thing first, VRC is doing a lot of fast easy things first. The other problem is that DRK is much higher profile than VRC.

I like VRC, I like the team.  I'm glad they're open with their identities, and they seem able to handle things, if still a little rough around the edges.

But there's nothing certain here, and if they don't keep delivering, and delivering fast, and delivering on bigger things, another coin could still easily dominate this market.

There's big risks here, still.

Here's the thing that nobody is considering. Crypto will eventually be regulated by the government. California has enacted legislation that makes crypto legal. Canada is already starting to regulate companies that deal in crypto. Western Union recently stated that they will accept digital currency when (not if) it is regulated. As soon as crypto is regulated, anon will not be allowed. As a matter of fact, if crypto is ever classified as money instead of property, most systems of anon will become money laundering and become a Federal crime.

Anon is simply a short lived fad. Coins like VeriCoin can simply remove the option, but coins who have anon coded into the blockchain will require a hard fork.

I wouldn't be surprised if this happens before coins like DRK get their anon issues ironed out.

This is my personal opinion. I am not speaking for the VeriCoin team.

but how can government prohibit using anon altcoins? It lasted several years to close down Silkroad - but it was 1 shop and 1 man DPR (and he was caught only because he made human "faults" and paid that murder - if he wouldnot do such stupidities, I think they could catch him...)
And if tens of thousands or even million of people will be using anon altcoins in US and tens of million worldwide how can you prohibit it?
In short term probably yes but not very precisely but in longer term like years you cannot destroy anon altcoins.
I think it is not ch.porn or this stuff and people are not blind, all people who are already using anon altcoins now would be maybe even more enthusiastic then if somebody/government tries to criminalize it.
Sure it would have impact on price, price would get down but I than I and surely many other people would start buying it because I believe in coins like VRC.

Well when I think about this, I guess anon devs would have opportunity since nobody knows them. But VRC devs will be easy to trace so they will be first who would be harmed by some kind of regulations and thus such coin might be very volatile in price....

[surestrike]

Hey Guys/Gals.

I am offering 50 VRC ($14 worth) free to anyone who can make a good you tube video showing how easy it is to pay with Veribit using the new vericoin wallet.

We need more videos like this on you tube, to spread the word to the masses!

In other languages will be perfect.   Message me.

[SaveForrest]

The price has been moving with the market all day seems to be in a stable place atm

You used to be able to depend on LTC as a multiplier for BTC.  It went up or down more than BTC itself did.  But now it's kinda stuck in the mud, and none of the other cryptos have really replaced it yet.

If we saw another bubble-sized rally, though, I think the leading cryptos would rise even faster than BTC, as happened last November.

I am sure it will be a rally sometimes this year, I already prepared my bicycle and my helmet cause I am sure it will be creepy and dangerous hill

[BadAss.Sx]

Personally i think alt crypto's survive in the future because they are anonymous. If everything gets regulated like the US wants, the whole idea behind crypto currency vanishes. And the US can regulate what they want, their terms is not going to overrule the rest of the world. Not this time. It sucks for the people who are living in the US, but the rest of the world stays anonymous. There will always be one country or state which does not want to regulate alt crypto's, so all hosting, planning etc. will be moved to that particular country.

Crypto currencies is based on anonymity.

[SaveForrest]

Any coin that offers truly innovative technology over the bitcoin platform is worth holding. Veribit holds no advantage over bitcoin, and in fact is subservient to bitcoin.

You are joking. Right. Almost ALL altcoins have a technological advantage over Bitcoin. The only thing Bitcoin has going for it is it's monopoly of cryptocurrency. As that disappears over time, so will Bitcoin.

BTC is the same like windows - its a piece of shit but everybody uses it everyday so you must as well. Masses don't use Linux or Esperanto but windows and English.
Its that simply.
the only reason is that BTC was here as first. I think most innovations can be incorporated and implemented backwards to bitcoin even it will be a huge pain like downloading windows updates everyday. but I think you cannot do anything with this.

[YipYip]

If we break the 50k resistance we will be offcially be out of the pump n dump downt trend

[sesko]

Personally i think alt crypto's survive in the future because they are anonymous. If everything gets regulated like the US wants, the whole idea behind crypto currency vanishes. And the US can regulate what they want, their terms is not going to overrule the rest of the world. Not this time. It sucks for the people who are living in the US, but the rest of the world stays anonymous. There will always be one country or state which does not want to regulate alt crypto's, so all hosting, planning etc. will be moved to that particular country.

Crypto currencies is based on anonymity.

Bad, bad, bad is anon in real world. Ok maybe good for thieves, and criminals. More people, devs, hacker scam and steal in crypto world. More people want anon, really?
Wouldn't you like those boys can be traced, prosecuted and arrested. If you have nothing to hide and have good intention why anon?. You can for sure use TOR if you want.
But really, i would like those people being caught and doing jail time if they  scam and steal in crypto.
Would you like those whales, P&D teams and market manipulators being removed from crypto market. Let them try doing that in real market, they will be like Madoff doing jail.

To get crypto currency to financial institutions all over the world, it need's to be regulated and protected.


You can't ask for anon and at the same time cry about whales, scamers, p&d group. You want them to hide and never to be found even more.

Anon it's just a hype word, when this thing sings out in couple of months, some new thing somebody will give crypto, will be the next hype. Two years we are having hype words, as best new thing. Nobody even remembers what was the hype word 6 month's ago.

[SaveForrest]

Pizza cool!
Now buy a hooker!  Grin

imagine that you come up to a hooker and she says : 120VRC for a BJ and you take out your phone and scan the QR code .

imagine that she would say send me 0.00569842 VRC for a BJ
and you say, lets make it 0.006 baby and she replies: I love you honey, you're so sweet and generous, wanna buy me for the whole night dude?....
but you reply: sorry babe, don't have time, I am already booked to choose my new lamborgini. But how about a weekend with me at Bali next week ?

[T.Stuart]

If we break the 50k resistance we will be offcially be out of the pump n dump downt trend

Don't know if you noticed but there is no downtrend

[keshuker]

One question about VeriBit:

If the markets starts to crash, and ppl will liquidate vrc to btc through the veribit, will the btc buffer take market depth into account or can i get a better price of my VRC via veribit in a fast declining market? That would make the buffer bleed.

Edit:
Thinking of this some more. If we have a crashing market, veribit makes it even easier for users to dump VRC directly from wallet and you will probably get a better price than transferring to exchange, waiting for confirmation and trading.
This would accelerate the crash and bleed out the veribit buffer.

[jrich76]

If we break the 50k resistance we will be offcially be out of the pump n dump downt trend

Don't know if you noticed but there is no downtrend

Correct, since this is a long term coin I use the 2 hr chart, that clearly shows a steady upwards price correction. It's actually a beautiful thing.

 

[patronis]

Bad, bad, bad is anon in real world. Ok maybe good for thieves, and criminals. More people, devs, hacker scam and steal in crypto world. More people want anon, really?
Wouldn't you like those boys can be traced, prosecuted and arrested. If you have nothing to hide and have good intention why anon?. You can for sure use TOR if you want.
But really, i would like those people being caught and doing jail time if they  scam and steal in crypto.
Would you like those whales, P&D teams and market manipulators being removed from crypto market. Let them try doing that in real market, they will be like Madoff doing jail.

To get crypto currency to financial institutions all over the world, it need's to be regulated and protected.


You can't ask for anon and at the same time cry about whales, scamers, p&d group. You want them to hide and never to be found even more.

Anon it's just a hype word, when this thing sings out in couple of months, some new thing somebody will give crypto, will be the next hype. Two years we are having hype words, as best new thing. Nobody even remembers what was the hype word 6 month's ago.

Anon is not bad.... IS cash bad?? treat it like this. Majority of the  population uses cash and are they all criminals? BTW if criminals and terrorists secide to use VRC the price would be 1000x cause of the demand, would you be sad then

[cryptodevil]

"Bitcoin? Oh that's the computer money people use to buy drugs online with."

It's going to take a long while before BTC loses that particular stigma. I guarantee that most of you, when asking someone if they know about Bitcoin, have received a similar answer.

Patrick has already pointed out that there really is little interest in the Anon functionality of VRC and other coin devs are declaring the same thing about their Anon services. Most definitely under-used.

Optionally anonymous transactions, fine, but there is little desire for full-time-anonymous payment systems, apart from the doom-mongers who perpetually believe that Obama's coming for them with FEMA 're-education' camps and/or that the NWO, Illuminati, intergalactic shape-shifting super-lizards, are out to enslave us all for turning our backs on the Bronze-age equivalent of Harry Potter.

So you're basically talking about the crazies and the bad guys wanting full-time-anon.

To gain widespread acceptance and adoption, by business, as well as individuals, you need to avoid the associations with the 'dark side' of cryptocurrency. Besides which, there are going to be times when you want to prove that a transaction took place, which isn't going to be possible on full-time-anon coin systems, if they are truly anon that is.

[ScottAllyn]

Hey Guys/Gals.

I am offering 50 VRC ($14 worth) free to anyone who can make a good you tube video showing how easy it is to pay with Veribit using the new vericoin wallet.

We need more videos like this on you tube, to spread the word to the masses!

In other languages will be perfect.   Message me.

https://www.youtube.com/watch?v=xUYPuzdIGxk

thank you [address deleted]    

Do not send any VRC to the address provided by patronis. That little shit had nothing to do with the video; he's simply trying to con you out of your VRC. The best thing you can do is add him to your ignore list.

[BadAss.Sx]

Besides which, there are going to be times when you want to prove that a transaction took place, which isn't going to be possible on full-time-anon coin systems, if they are truly anon that is.

Sorry, what do you mean by that? Everything can be checked trough the blockchain, even a full anonymous coin. The main reason i want currency to be anonymous, so they can not build a profile anymore around a particular person. And yes, perhaps i want to buy drugs with my crypto currency. Who cares?

[AngusCanine]

Besides which, there are going to be times when you want to prove that a transaction took place, which isn't going to be possible on full-time-anon coin systems, if they are truly anon that is.

Sorry, what do you mean by that? Everything can be checked trough the blockchain, even a full anonymous coin. The main reason i want currency to be anonymous, so they can not build a profile anymore around a particular person. And yes, perhaps i want to buy drugs with my crypto currency. Who cares?

see between this guy and the guy who wants blow jobs from hookers we need decentralized verisend , end of story , besides you want the government to track every penny u spend more than they already do, its about privacy nothing more I don't need my neighbor tony to know I gave my other neighbor Angelo money cause he's broke right now, see how that works people.... privacy , let's all say it together and maybe those who can't understand will hear something

[aragoon]

I'd like to suggest that most folk are bored sh**less by ANON but....
Most folk would like to keep their business and personal financial transactions PRIVATE.
Not "Dark, Anon, Cloaked, Hidden, Shady" but simply don't want every Tom Dick and Harry to nose around in private business. Open to scrutiny by any duly authorised agency. Private. Just like the mail or cash. Simples.
Crypto has obsessed about ANON because there's money in it. The fully decentralised tech has not even been fully developed yet. It's a fad. Move on. It will be developed and then people will have choice. 
Vericoin is a WINNER.

[cryptodevil]

Everything can be checked trough the blockchain, even a full anonymous coin.

Then, surely, that would make it not anonymous?

And yes, perhaps i want to buy drugs with my crypto currency. Who cares?

I didn't say there shouldn't be Anonymous functionality, as an option, I said that it would not do the coin any good to be 100% anonymous at all times. Besides which, the facts speak for themselves, most coins with optional anon features report that they are barely ever used by coin-holders.