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

[lootz]

I have to say, this is one of the most promising coins I've seen in a while.

I'm watching this one very closely.

You better buy...you can watch it closely but if it shoots into the air, you're lost

Oh, I did.

I sold my crypto holdings and cashed out a few months ago after getting burned in the NEOBEE b.s. (not a huge % of my holdings but still...I was more angry for other people who lost a lot). I just recently got back in and I've been researching the current crop of alts and Vericoin really seems to have its shit together.

The devs being very public is gold. That was one of the best things about Dogecoin. But just the fact that you can automatically spend it wherever bitcoin is accepted basically renders a LOT of other alts moot, doesn't it? Let's hope it keeps up.

The fact that it has such a solid 'elevator pitch' ("you can automatically spend it anywhere btc is accepted!!") will be huge for these guys in the coming weeks. Once it starts to spread a bit, this could be a good one.

vrc is good until others don't create veribit. what is stopping coins like peercoin, nxt, drk coin doing the same thing. vrc was the first but will definitly not be the last. only if we could stop them, vrc would be the next big thing

Exactly. You can't stop anyone else from doing it too. So they need to get the message out there hard and fast so that people associate that idea with them. They seem to be doing a good job so far of getting themselves out there, so I just hope it continues.

Actually a lot of Vericoins operations is not open source so it would take a very intelligent team to mimic what they have done.

[professorY]

I have to say, this is one of the most promising coins I've seen in a while.

I'm watching this one very closely.

You better buy...you can watch it closely but if it shoots into the air, you're lost

Oh, I did.

I sold my crypto holdings and cashed out a few months ago after getting burned in the NEOBEE b.s. (not a huge % of my holdings but still...I was more angry for other people who lost a lot). I just recently got back in and I've been researching the current crop of alts and Vericoin really seems to have its shit together.

The devs being very public is gold. That was one of the best things about Dogecoin. But just the fact that you can automatically spend it wherever bitcoin is accepted basically renders a LOT of other alts moot, doesn't it? Let's hope it keeps up.

The fact that it has such a solid 'elevator pitch' ("you can automatically spend it anywhere btc is accepted!!") will be huge for these guys in the coming weeks. Once it starts to spread a bit, this could be a good one.

vrc is good until others don't create veribit. what is stopping coins like peercoin, nxt, drk coin doing the same thing. vrc was the first but will definitly not be the last. only if we could stop them, vrc would be the next big thing

Exactly. You can't stop anyone else from doing it too. So they need to get the message out there hard and fast so that people associate that idea with them. They seem to be doing a good job so far of getting themselves out there, so I just hope it continues.

Actually a lot of Vericoins operations is not open source so it would take a very intelligent team to mimic what they have done.

Even better.

[Kevondo]

In case anyone is thinking about veripool (pool.vericoin.info), don't bother it's not worth it. Experimented by pointing a 1Th/s sha-256 miner at it for 24 hours and got $1.50 usd (5.63 vrc) worth of vericoin. Supposedly they mine an anonymous coin and then exchange it for vericoin and split it up in the pool. Whatever the multipool 256 coin was, I found 7 blocks of it, but the return sucked. Someone in another thread alleged that the pool operator may be skimming, so be warned.  Your best bet is to just mine BTC (or whatever else) and then exchange for vericoin.

Also, yes, I know vericoin is a proof of stake coin, I just wanted to test the exchange pool to see what it was like.

I hope you have some kind of proof of your allegations.

He'd need proof for the allegations if he himself was alleging this. He's just telling us what he heard on another thread.

But to the core of his post, as he illustrated, is pretty correct. I've pointed about 25Mh/s Scrypt for almost a half a day and got proportionally, what he's describing.

The Multipool is also STILL IN BETA. Dev's only have so much time and r spending it on implementing other features

They know the pool needs work and will get around to it.

It only went beta a short time ago. It was in Alpha for quite awhile

The multipool has been available and VeriSend-SMS, with anon option,  VeriBit, new wallet releases incorprating these features fullfilled promises they made to the community.

They have also done multiple interviews, arranged with the help of a generous VRC community a PR Firm, raised funds to go to the NABC meeting  in chicago on 19 July. okayed a First edition physical 1 Troy OZ. .99 silver VeriCoin with holgraphic chip that can be used to store VRC.

I can't speak for pnosker but I belive he would tell U the pool is "Raggadey" and he's not happy with it.  But the Dev's have prioritzed things and all will be fine sooner or later.

I don't know how they do it really. All 3 work fulltime jobs. From FaceBook it looks like Effect has a Family. all 3 R constantly present answering question and Squashing FUD"sters, like a bug in their code. All 3 do this with aplomb and pnosker is like a bear protecting the cubs.

So The pool isn't a Ferrari yet it's a Fiesta.  I'm good with that, going down the road with these guys at their speed. I trust their judgements as to where and on what they spend their time

But that's just me...

  CORRECTION: In a more recent post on the subject of the pool pnosker states the pool is still in ALPHA. I was in error here. My apologies.

[leckey]

Hello dudes!

Did you know BitcoinPoster.com?


You could put a logo of their coin there..  


Thankss

I've already had 3 emails from you this week. Get out of my life please.

[jobnotfound]

Hey guys, just have to say I am so impressed with you so far, really happy to be a part of this community.

Just compiled the new 1.3 wallet with VeriBit and made my first purchase on newegg.com with it.

Can't say enough about this dev, you guys really deliver.

Cheers!

[MikeMike]

QUESTION for the longs:

Do you see VRC getting into the 3-5.00 range and why?

[bitcoinwonders010]

I have to say, this is one of the most promising coins I've seen in a while.

I'm watching this one very closely.

You better buy...you can watch it closely but if it shoots into the air, you're lost

Oh, I did.

I sold my crypto holdings and cashed out a few months ago after getting burned in the NEOBEE b.s. (not a huge % of my holdings but still...I was more angry for other people who lost a lot). I just recently got back in and I've been researching the current crop of alts and Vericoin really seems to have its shit together.

The devs being very public is gold. That was one of the best things about Dogecoin. But just the fact that you can automatically spend it wherever bitcoin is accepted basically renders a LOT of other alts moot, doesn't it? Let's hope it keeps up.

The fact that it has such a solid 'elevator pitch' ("you can automatically spend it anywhere btc is accepted!!") will be huge for these guys in the coming weeks. Once it starts to spread a bit, this could be a good one.

vrc is good until others don't create veribit. what is stopping coins like peercoin, nxt, drk coin doing the same thing. vrc was the first but will definitly not be the last. only if we could stop them, vrc would be the next big thing

Exactly. You can't stop anyone else from doing it too. So they need to get the message out there hard and fast so that people associate that idea with them. They seem to be doing a good job so far of getting themselves out there, so I just hope it continues.

Actually a lot of Vericoins operations is not open source so it would take a very intelligent team to mimic what they have done.

DRK anonymous function is not open source, yet others have found a way. technology is such a thing it is always evolving. i think its great it not open source. its not impossible to make it but at least it can be made difficult for it too be made. vrc needs to concentrate on being friendly with customers and merchants. ideas will get stolen copied, but users like a coin that is easy to work with. vrc does a good job. great name great team

[bitcoinwonders010]

im not really looking to hold vrc for too long, i bought back in at 22k, we will steady growth here, other coins offer much better returns. my first buy was under 1000sats for vrc, im looking to use vrc rather than invest in it

[sluppy]

Price just went back to "normal" 

[MikeMike]

im not really looking to hold vrc for too long, i bought back in at 22k, we will steady growth here, other coins offer much better returns. my first buy was under 1000sats for vrc, im looking to use vrc rather than invest in it

It's not the return it's the tech.
IMO- The ability to use BTC "As a Service" to make purchases rather than a "Trade" is unique and may change the rules...
There are not many coins you can actually use as you say...
Makes perfect sense as a contender due to it's precedent.

[lootz]

wow look at that chart, buckle up guys 

[warr1979]

Vericoin promotion for #VeriFreedom http://www.reddit.com/r/vericoin/comments/29lsqc/verifreedom_7414/ … when we break away from BTC!!

[BitcoinPorn]

Does anyone know who is in charge of the Reddit Tip Bot?

http://www.reddit.com/r/vericoin/comments/29cnsr/hello_i_am_your_new_reddit_tipbot/



As well as who is behind the Twitter Tip Bot?

( EDIT: Is it http://www.reddit.com/user/UnekPL the person who made the Twitter Tip Bot, also the same person behind the Blackcoin Tip Bot? )




Thanks.

[PositivelyInsane]

Exactly. You can't stop anyone else from doing it too. So they need to get the message out there hard and fast so that people associate that idea with them. They seem to be doing a good job so far of getting themselves out there, so I just hope it continues.

Actually a lot of Vericoins operations is not open source so it would take a very intelligent team to mimic what they have done.

Even better.

the vert coin guys want vericoin features integrated into theirs as well..
http://www.reddit.com/r/vertcoin/comments/29i4cl/lets_talk_about_the_future_of_vertcoin_and/

[blacky90]

this pump to 45k my be a bull trap 

be careful guys!

[lootz]

QUESTION for the longs:

Do you see VRC getting into the 3-5.00 range and why?

Warrenty + Utility = VALUE.

Warrenty = Devs transparency and hard work meeting deadlines. Keep it lasting and alive so I can keep using it.

Utility = all the features such as veribit, verisend all incorporated in a cetralized place such as the wallet.

This coin will beat litecoin IMO.

and yes I am ITIL certified.

[buy4crypto]

This will be the first time anyone has purchased a crypto currency through a wallet.


A first that Bitcoin cannot even claim. Is there a doubt what the number 2 coin should be if you took out the names, market caps and hit the reset button today?

Would you put litecoin ahead of VRC?




Right now in terms of market cap a LTC is worth 29.39 times what VRC is worth in terms of its relevant value, not per unit value.

There is no reason LTC is worth that in comparison. I am not saying its a bad coin, i'm just saying that IMO VeriCoin offers more than other coins, including Bitcoin. Because now I can use VRC like a bitcoin, and even better, I have more ways to acquire it now. You don't experience 10% / year bitcoin deflation either. Heck if you keep your keep your wallet open you can gain interest with no expensive equipment.

[purdueman]

snip (pool.vericoin.info), don't bother it's not worth it. Experimented by pointing a 1Th/s sha-256 miner at it for 24 hours and got $1.50 usd (5.63 vrc) worth of vericoin. snip

Yep I tried that too - 1Th Sha256 for 21 hours on the 27th/28th - totalled 33 VRC so far

nowhere near as profitable - BTC mining woulda generated 0.0318 but I only got 33 VRC = 0.01425 @ 43k
even at 55k its still only 0.01815

However there are still payments trickling in 3 days later - so results - not conclusive - but id be surprised if I get another 20+vrc

I have noticed the same thing. Point my lowly rigs at the x11 for a couple of days and I have still been seeing tons of little transactions (and no it is not the stake). It has been a week later and still have some.

Some clarification would be nice how it works

[MikeMike]

QUESTION for the longs:

Do you see VRC getting into the 3-5.00 range and why?

Warrenty + Utility = VALUE.

Warrenty = Devs transparency and hard work meeting deadlines. Keep it lasting and alive so I can keep using it.

Utility = all the features such as veribit, verisend all incorporated in a cetralized place such as the wallet.

This coin will beat litecoin IMO.

and yes I am ITIL certified.

WHY I ASK:

It seems "to me" very evident VRC's tech bundle is far superior
and therefore way undervalued.
Sure DRK was first, is "catchy" in name and always will be the one that broke through...
BUT I'm wondering why I ave not heard of it on all the Bitcoin Promoters on YouTube.

DOGE had a great marketing campaign which got the word out.
Maybe more than was warranted...

Let's face it.
LTC, PPC, NMC are dying as well as volume on BTC-e.

The market is speaking and anon is listening.
I do hope VRC continues it's innovative pace and continually updates it's anon features.
IF they do there's no reason it cannot gain it's rightful market cap position.

This is my analysis but want to see what else people think...

[ScottAllyn]

In case anyone is thinking about veripool (pool.vericoin.info), don't bother it's not worth it. Experimented by pointing a 1Th/s sha-256 miner at it for 24 hours and got $1.50 usd (5.63 vrc) worth of vericoin. Supposedly they mine an anonymous coin and then exchange it for vericoin and split it up in the pool. Whatever the multipool 256 coin was, I found 7 blocks of it, but the return sucked. Someone in another thread alleged that the pool operator may be skimming, so be warned.  Your best bet is to just mine BTC (or whatever else) and then exchange for vericoin.

Also, yes, I know vericoin is a proof of stake coin, I just wanted to test the exchange pool to see what it was like.

I hope you have some kind of proof of your allegations.

He'd need proof for the allegations if he himself was alleging this. He's just telling us what he heard on another thread.

But to the core of his post, as he illustrated, is pretty correct. I've pointed about 25Mh/s Scrypt for almost a half a day and got proportionally, what he's describing.

I've been on the pool for a week and have been getting pretty steady payouts. Beow is a screenshot of the payouts that I've received so far today. I'm currently mining scrypt at ~22 Mh/s. Ignore the 2532, 40, 535, and 830 deposits; everything else is from the VeriPool: