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Question: Where would you prefer the VRC/VRM exchange pair be?
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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1346484 times)
AcidSplash
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July 01, 2014, 08:05:37 PM
 #6041

It's really just to condition your response...

Step A:
Buy Vericoin until it reaches 50 to 55k.

Step B:
Sell Vericoin until it reaches 40 to 45k.

Step C:
Repeat steps A and B a few times.

Step D: (small investor)
"I've seen this before every time it goes to 50 to 55k it drops to 40 to 45k."
a) Small investor sells.

Step D: (big investor)
"I've conditioned the small investor and he will sell me his coins at 50 to 55k because he thinks the price is going back down to 40 to 45k."
a) This time the big investor buys.

Step E:
The price rises and cuts through 55k, 65k and 75k like there was no resistance at all.
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Mr.Joker
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July 01, 2014, 08:15:48 PM
 #6042

Stupid people feeding the wall, he keeps lowering the price with those fake walls!
portdavenport
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July 01, 2014, 08:27:28 PM
 #6043

I pulled all my VRC out of Mintpal to stake until Mr. or Ms. Whale finishes their business Smiley

If you don't want the price to fall, stop selling.

Scarcity increases price & demand.
onsightit
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July 01, 2014, 08:30:45 PM
 #6044

Whales are the ASICs of trading.  Scrypt tried to solve the problem with sha256, but they found a way around it. Is there a coin impervious to price manipulation?  VeriCoin 2.0?  Price stability is more attractive to merchants, as well.


VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
xCryptoManiaX
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July 01, 2014, 08:35:01 PM
 #6045

Nearly all alt coin prices have gone down possibly because of BTC prices going up too

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July 01, 2014, 08:35:11 PM
 #6046

Hey Guys!

There is a new video showing how to use veribit, it is the guys first time, but i think he does a really fantastic job and it is much more easy to see on how to use the veribit feature, compared with the only other video of this sort available.

If you like it, which i am sure you will, please hit the 'Like' button and maybe  give him a little tip for his good work. (i tipped him 40VRC).

https://www.youtube.com/watch?v=-fKcI55ml0w

This is the kind of action we need to help spread the good word of Vericoin and help reach the masses!

Many thanks.

Mr.Joker
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July 01, 2014, 08:36:04 PM
 #6047

Pressing the price to 3xxx range, so they will make easier profit...

Can you imagine, from 40 to 50-55 with hundreds of btc thats a profit of 30 or 40% each time on all their bitcoins, and everyone is just feeding them Huh
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July 01, 2014, 08:36:48 PM
 #6048

so many fake sell walls.

0.00040450    47BTC - removed instantly when the price get there.

it's go this way when whales want cheap coins they put up big selll walls
when whales want to sell then they put up big buy wall.

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July 01, 2014, 08:37:31 PM
 #6049

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.

It's easy to manipulate trading psychology ey?

GTX-DoX
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July 01, 2014, 08:43:35 PM
 #6050

Is the price of BTC affecting price of VRC ?

I need it to rise soon!!
onsightit
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July 01, 2014, 08:55:42 PM
 #6051

Pressing the price to 3xxx range, so they will make easier profit...

Can you imagine, from 40 to 50-55 with hundreds of btc thats a profit of 30 or 40% each time on all their bitcoins, and everyone is just feeding them Huh

I sprinkle whale poison on my VRC while they are staking. Wink

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
T.Stuart
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July 01, 2014, 09:35:12 PM
 #6052

Huge sell wall up for hour or more. No one running / swimming away. Take that, whale.

                                   
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pb2014
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July 01, 2014, 09:35:20 PM
 #6053

Is the price of BTC affecting price of VRC ?

I need it to rise soon!!

Mostlikely. Short term investors will want to cash out for fiat when BTC price is up.
T.Stuart
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July 01, 2014, 09:37:04 PM
 #6054

Is the price of BTC affecting price of VRC ?

I need it to rise soon!!

Mostlikely. Short term investors will want to cash out for fiat when BTC price is up.

No, this is whale manipulation. No doubt at all.

                                   
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  ██████""""""       """"""██████U
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              ╙▀███▀╜`             
                                   
 
 






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chunkyjunkie
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July 01, 2014, 09:50:39 PM
 #6055

Is the price of BTC affecting price of VRC ?

I need it to rise soon!!

Mostlikely. Short term investors will want to cash out for fiat when BTC price is up.

No, this is whale manipulation. No doubt at all.


Agree 100% you dont bury 80 or so btc deep in the ask if you want to sell them, you do it to accumulate lower and make it look like there is more pressure to sell then there is.

It is pretty simple atm, if you saw that recent sell off as clear manipulation to get in lower then reasoning would tell you buying here is pretty easy money.

I just bought and am not worried one bit I will be selling for a lot higher then 43 when the game is done.  Remember all that selling had the goal of accumulating cheaper so logically they now want it to run up at some point.  You buy here and just be patient no matter what the price does and you will have more money soon then you do now.

https://www.bitcoinlanding.com - Twitter - https://twitter.com/Bitcoinlanding - Bitcoin News, Video and more!
onsightit
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July 01, 2014, 10:05:24 PM
 #6056

Is the price of BTC affecting price of VRC ?

I need it to rise soon!!

Mostlikely. Short term investors will want to cash out for fiat when BTC price is up.

No, this is whale manipulation. No doubt at all.


Agree 100% you dont bury 80 or so btc deep in the ask if you want to sell them, you do it to accumulate lower and make it look like there is more pressure to sell then there is.

It is pretty simple atm, if you saw that recent sell off as clear manipulation to get in lower then reasoning would tell you buying here is pretty easy money.

I just bought and am not worried one bit I will be selling for a lot higher then 43 when the game is done.  Remember all that selling had the goal of accumulating cheaper so logically they now want it to run up at some point.  You buy here and just be patient no matter what the price does and you will have more money soon then you do now.

I think 38k could happen first. Lying in wait...

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
cloverme
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July 01, 2014, 11:20:29 PM
 #6057

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.



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Reavon
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July 01, 2014, 11:30:59 PM
 #6058

I do clearly see there accumulation going on about 40K... think about of goin all inn again... could there will definitly be another 5x run startet at 50k, some gives me green light?
Shinraven
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July 01, 2014, 11:36:55 PM
 #6059

I do clearly see there accumulation going on about 40K... think about of goin all inn again... could there will definitly be another 5x run startet at 50k, some gives me green light?

glad you can see that they are buying. current price is lowest i've seen past few days. solid devs, cool features coming next few days, what more do you want hear ?  Roll Eyes
sdmathis
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July 01, 2014, 11:52:05 PM
 #6060

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.


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