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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346461 times)
Kevondo
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July 01, 2014, 05:02:39 PM
 #6021

why the vrc are so hot?why?

Functionality.

Its the first crypto team capable of making a wallet that focuses on the consumer having ease of use.

They made it so you can buy anything with Bitcoin through your VeriCoin wallet, something no alt to date has done. At that point what would most other alts have done? Stopped there. Before another alt even gets a VeriBit type clone in their own wallet, Vericoin team is coming out with another first, FIAT to VRC within the wallet.

Simply amazing what is going on here, don't look at the price, price does not matter, look at what this coin does for you compared to other coins, take out the name, take out the pumps and dumps. what coin offers you the most right now? VeriCoin and Bitcoin, No other is close at this stage in the game. The market will adjust to the price. So many people made large profits, taking some gains is natural.

The developers here are smart and moving the technology forward. If you are here to invest in crypto with coins then you will have to deal with volatility.

This innovation brings people who wish to develop services around a coin. And that brings more community, and more services to the coin. Don't follow the price to much in everyday trading, cryptos are often manipulated short term at the benefit of people with larger accounts than the next.

Kenboy - I've been a member of the Vericoin community from almost the start and follow this thread, IRC, twitter, Face book, and try to watch/attend any hangouts or interviews. It takes a lot of time. I Trust and Believe in the 3 Dev's of VRC ( pnosker, effect to cause, & verdev3). Not because of what they say but what they do. They R smart, dedicated, avaliable, and  transparent. Or!  Everything U could ever ask for in a Dev team. They each have their own Charisma as well.

BUT!! This is what I think  U need to decided for yourself.

As a member U have been around so if U haven't learned the hard lessons about what occurs on these boards please be advised

FUD is omnipresent. Spend the time and find out for yourself what's going on.

Or maybe you're part of the majority of Crypto players that R here for self interest  ie. profit. Dilettantes (  a person who cultivates an area of interest,  without real commitment or knowledge) abound in this Game. Too many have no scruples.

 Obiwan was trying to mislead the  patrol of Storm Troopers  When he whipped the Force on them while uttering "These R not the ones's U R looking for"
I'm NOT trying to mislead U by saying "THESE R THE DEV"s U R LOOKING FOR"

Their R other members of the community which can be trusted That's why I included buy4crypto's reply. He's cool

I'm accumultating as much VeriCoin as I can by what ever means I can (That meets MY standards for play. I Use Kevondo's Rules editted 2014 ). I believe that $100 per VRC will be a BARGIN  at some point....

...But that's just me.




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wintrop
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July 01, 2014, 05:13:22 PM
 #6022

Tell me: how much should the confirmation to vericoin was considered to be mature to start PoS?

8 hours of having your wallet open should have you ready to mint coins.
thank you, couldn't find it

Youghoor
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July 01, 2014, 05:14:30 PM
 #6023

why the vrc are so hot?why?

because this coin have the supportive dev who works day and night to make the coin better and better.


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blizeH
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July 01, 2014, 05:28:32 PM
 #6024

Yep, lots of awesome features with this coin. Especially the interest. This, even more than Bitcoin, is one to really hodl.

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July 01, 2014, 05:46:49 PM
 #6025

Noob question. If my wallet's "unlock" button is grey, will it stake?

Nope

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July 01, 2014, 06:04:37 PM
 #6026

Noob question. If my wallet's "unlock" button is grey, will it stake?
Nope

That likely just means that you never setup a password and encrypted the wallet. In that case, the wallet is automatically unlocked when you open it (probably not the safest of things...) and the coins will be eligible for staking once they reach maturity (after approximately 8 hours in the wallet).

When/If the "V" icon next to the Lock icon turns blue, you're good to go.

Ignored User Cleanup Script - Completely hide ignored users!
effectsToCause
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July 01, 2014, 06:10:55 PM
 #6027

Interesting point about the advantages of VeriBit vs the argument that it puts sell pressure on the VeriCoin market.

VeriCoin is a currency, one of it's major functions is to be spent like one.  Without VeriBit, it would have very little market penetration relative to Bitcoin like all the other Alt-coins.  Ultimately at this point if you are going to spend your VeriCoin at many places you would have to exchange it for BitCoin.  

Now, would you rather someone wait for a peak and sell some significant percentage of their VeriCoins for BitCoin, or do small sells as needed, for purchasing things in BitCoin?  Which would be better for the value and growth of VeriCoin?
leckey
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July 01, 2014, 06:12:15 PM
 #6028

Congrats to user "fatty" who won 376 VRC in the first Loser Jackpot Lottery draw on https://vericoindice.com
SpringfieldM1A
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July 01, 2014, 06:22:24 PM
 #6029

Interesting point about the advantages of VeriBit vs the argument that it puts sell pressure on the VeriCoin market.

VeriCoin is a currency, one of it's major functions is to be spent like one.  Without VeriBit, it would have very little market penetration relative to Bitcoin like all the other Alt-coins.  Ultimately at this point if you are going to spend your VeriCoin at many places you would have to exchange it for BitCoin.  

Now, would you rather someone wait for a peak and sell some significant percentage of their VeriCoins for BitCoin, or do small sells as needed, for purchasing things in BitCoin?  Which would be better for the value and growth of VeriCoin?


Basically you answered the question already. When Vericoin can be used as intended, like a currency, it's value will be based on true demand instead of p&d antics or other crypto specific unnatural price influences. Veribit may lead to a steady price in the end, but I think some sort of auto market correction is good for the short term , it helps to prevent the market overheating and might mitigate the effects of P&D groups at least a little.

Getting Vericoin out of the crypto realm and into the real world is paramount to it's success. An increase in real world micro purchases are one of the things people are predicting for Bitcoin. In my opinion Vericoin is better suited for that.

My suggestion is to focus on developing services to get Vericoin out to the general public. Focus on ease of use and security. Skip the anon hype, there will be a true demand for anon coins but also for a 'regular' coin with a focus on useability. Vericoin is a serious contender for litecoin's place, basically Vericoin offers everything (and more) than Litecoin has to offer.

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July 01, 2014, 06:26:02 PM
 #6030

I have rated VRC as a BUY!

Crypto Analytics
http://cryptoanalytics.trade/analyst-ratings/
http://cryptoanalytics.trade/vrc/

http://cryptoanalytics.trade/
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Relaxedsense
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July 01, 2014, 07:05:26 PM
 #6031

Wtf is happening, did I miss something?
T.Stuart
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July 01, 2014, 07:07:04 PM
 #6032

Wtf is happening, did I miss something?

Whale attack!  Smiley

It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc

                                   
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buy4crypto
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July 01, 2014, 07:07:40 PM
 #6033

Wtf is happening, did I miss something?

People are trading around positions. Nothing is happening. Technicals converged with some other stuff, and a lil buy wall , then sell wall, then buy wall. Someone was manipulating the price around a bit.

Not sure what to make of it, normal trading, just a bit low volume right now, so spikes up n down happen.

The good news is, usually people who make these big moves are 1 or 2 large players, the people who take there place are often small bids that span many smaller investors.

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July 01, 2014, 07:11:46 PM
 #6034

Wtf is happening, did I miss something?

Whale attack!  Smiley

It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
Always entertaining seeing these, and as soon as it hits 41k the 29BTC wall disappears and several 5-10BTC buys are initiated.
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July 01, 2014, 07:22:10 PM
 #6035

Lets see this coin is up 100x from a few weeks ago.. yeah, I'm not at all surprised some people are cashing out...
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July 01, 2014, 07:23:08 PM
 #6036

Just a correction...don't care...gonna throw a few btc against it Tongue

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July 01, 2014, 07:37:10 PM
 #6037

Whale attack. At least I think it is as I've been watching it. Dunno.

Wtf is happening, did I miss something?

Whale attack!  Smiley

It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
xCryptoManiaX
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July 01, 2014, 07:42:21 PM
 #6038

Wtf is happening, did I miss something?

Whale attack!  Smiley

It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
Always entertaining seeing these, and as soon as it hits 41k the 29BTC wall disappears and several 5-10BTC buys are initiated.


the 103 BTC sell wall at 45 for a moment was also entertaining

mouseman
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July 01, 2014, 07:44:20 PM
 #6039

Has there been any communication with Max Keiser to be a guest on the show? That would be huge.
Chris Pirillo has been a solid host and thanks to JOEL for making that happen!! 


can this be confirm by the vericoin team? it's seem vericoin getting good exposures lately. i think it's a very good coin to get an article at coindesk and keiserreport.

https://twitter.com/KeiserReport/statuses/482968191983824896
chunkyjunkie
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July 01, 2014, 08:04:06 PM
 #6040

Wtf is happening, did I miss something?

Whale attack!  Smiley

It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
Always entertaining seeing these, and as soon as it hits 41k the 29BTC wall disappears and several 5-10BTC buys are initiated.


the 103 BTC sell wall at 45 for a moment was also entertaining

That is probably that groups entire position.  Trying to use it to gather some cheaper.  Good thing is it isn't that big at all in the scheme of things over some time.

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