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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1348348 times)
sdmathis
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July 02, 2014, 12:11:50 AM
 #6061

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.

What he said is hearsay. It's worth even less. Yes, he needs proof or it's not true. Just another lie.

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professorY
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July 02, 2014, 12:16:55 AM
 #6062

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.

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BadAss.Sx
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July 02, 2014, 12:20:30 AM
 #6063

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

Need BadAss Bulletproof VPS or Bulletproof VPN or why not just mail safe with Safe-Mail. We care about your privacy.
chunkyjunkie
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July 02, 2014, 12:21:00 AM
 #6064

Hmm Big ltc sell off....


Wonders Lee let it slip LTC would never be getting on coinbase even though he works there.

Then again were some whispers at one time of vrc making it though huh?


Inc buys on vrc at same time, interesting times...

https://www.bitcoinlanding.com - Twitter - https://twitter.com/Bitcoinlanding - Bitcoin News, Video and more!
professorY
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July 02, 2014, 12:27:49 AM
 #6065

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.

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BadAss.Sx
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July 02, 2014, 12:32:43 AM
 #6066

Stop spamming shit

Need BadAss Bulletproof VPS or Bulletproof VPN or why not just mail safe with Safe-Mail. We care about your privacy.
Shinraven
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July 02, 2014, 12:37:44 AM
 #6067

Stop spamming shit

+10   Cheesy
bitcoinwonders010
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July 02, 2014, 12:42:49 AM
 #6068

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
professorY
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July 02, 2014, 12:45:06 AM
 #6069

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.

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koralon
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July 02, 2014, 12:45:55 AM
 #6070

Hello dudes!

Did you know BitcoinPoster.com?


You could put a logo of their coin there..   Smiley


Thankss


2005 called, they want their pixel grid banners back.

http://en.wikipedia.org/wiki/The_Million_Dollar_Homepage
lootz
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July 02, 2014, 12:51:32 AM
 #6071

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
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July 02, 2014, 12:51:57 AM
 #6072

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.

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Kevondo
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July 02, 2014, 12:59:02 AM
 #6073

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
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July 02, 2014, 12:59:51 AM
 #6074

Hello dudes!

Did you know BitcoinPoster.com?


You could put a logo of their coin there..   Smiley


Thankss


I've already had 3 emails from you this week. Get out of my life please.
jobnotfound
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July 02, 2014, 01:00:50 AM
 #6075

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!

VRC VPJRmAv8oMVRDas1G4LTU6swBpAsWu5x2Y
MikeMike
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July 02, 2014, 01:06:12 AM
 #6076

QUESTION for the longs:

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

bitcoinwonders010
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July 02, 2014, 01:06:37 AM
 #6077

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
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July 02, 2014, 01:08:08 AM
 #6078

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
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July 02, 2014, 01:10:08 AM
 #6079

Price just went back to "normal"  Grin

The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke
MikeMike
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July 02, 2014, 01:10:42 AM
 #6080

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.

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