Bitcoin Forum
February 18, 2019, 07:37:01 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Where would you prefer the VRC/VRM exchange pair be?
Bittrex
Poloniex
Both
Other

Pages: « 1 ... 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 [470] 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 ... 963 »
  Print  
Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1351171 times)
pb2014
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
July 15, 2014, 04:07:36 AM
 #9381


If you look at the history chart for VRC's staking power network-wide, there was a massive drop off of millions in weight when the hack is claimed to have happened. They didn't stake, my ass. Also, the coins were wild out of Mintpal's control for over 10 hours, exchanges were not frozen - yet they sat at the same two withdrawal addresses and did not move at all, and the fork was done the next day. What hacker do you know that wouldn't sell a single coin after stealing it? Mintpal is full of shit. This all looks much more like they lost the coins somehow, perhaps by transferring to an inaccessible address, or overwriting files they shouldn'tve - something. If they lost $2 mil USD, they were facing UK prison - so they tell the VRC devs they got hacked, Nosker is pressured to save his network against the possibility of a single majority-staker, and the userbase for both VRC and Mintpal get to scratch their heads over what the real story is behind all the shadows and bullshit.

One thing is for sure, Mintpal failed due to negligence and/or incompetence, and they're being less than honest about the details of the issue and how they operate their business. Nosker's hand was a bit forced to save his coin, considering the circumstances - but one can't help but wonder what he knew. His argument about throwing up massive sell walls on the exchanges to "help investors" doesn't make much sense to me. Wouldn't he want BTC walls to prevent the price crashing? Seems odd. Anyway, fuck Mintpal, and shame VRC got dragged into it.

See this is the entire point. People are too cool with trusting devs and believing the first story they heard blah blah.

The entire point of crypto is that you don't have to trust anyone. And then you have these Veri bagholders defending and saying they prefer that all the Veri services are centralized cuz they want have a face they can trust.

It's supposed to be open-source, distributed not closed source and under their care. I don't get how more people arent calling this crap out.  

Get your head out your ass.

You really think your shitcoin is decentralized. HA
1550475421
Hero Member
*
Offline Offline

Posts: 1550475421

View Profile Personal Message (Offline)

Ignore
1550475421
Reply with quote  #2

1550475421
Report to moderator
1550475421
Hero Member
*
Offline Offline

Posts: 1550475421

View Profile Personal Message (Offline)

Ignore
1550475421
Reply with quote  #2

1550475421
Report to moderator
1550475421
Hero Member
*
Offline Offline

Posts: 1550475421

View Profile Personal Message (Offline)

Ignore
1550475421
Reply with quote  #2

1550475421
Report to moderator
Your Bitcoin transactions
The Ultimate Bitcoin mixer
made truly anonymous.
with an advanced technology.
Mix coins
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1550475421
Hero Member
*
Offline Offline

Posts: 1550475421

View Profile Personal Message (Offline)

Ignore
1550475421
Reply with quote  #2

1550475421
Report to moderator
1550475421
Hero Member
*
Offline Offline

Posts: 1550475421

View Profile Personal Message (Offline)

Ignore
1550475421
Reply with quote  #2

1550475421
Report to moderator
1550475421
Hero Member
*
Offline Offline

Posts: 1550475421

View Profile Personal Message (Offline)

Ignore
1550475421
Reply with quote  #2

1550475421
Report to moderator
neurorit
Member
**
Offline Offline

Activity: 93
Merit: 10


View Profile
July 15, 2014, 04:14:20 AM
 #9382


Get your head out your ass.

You really think your shitcoin is decentralized. HA

hehe  Grin you talking to me?

I presently own 2 coins other than a couple 2.0 platforms. Bitcoin which is sill pretty decentralized considering and Myriad which is extremely decentralized. You see, I'm somewat of a decentralization connoisseur when it come to ideas like money.  

http://imgur.com/Eqmn6EE
BitcoinPorn
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


Posts: 69


View Profile WWW
July 15, 2014, 04:14:28 AM
Last edit: July 15, 2014, 04:40:15 AM by BitcoinPorn
 #9383

Education. After seeing scam after scam and then identifying the crutch in almost everyone of those scams, it came down to trust.

seriously read through bitcointalk.org there's 1000s of scam threads in which you have people proclaiming trust in the devs.

You're not supposed to have to trust the devs.

I don't believe education is your reason for posting at all.  See my join date, I've read through many scams and been through many different coins.   Hell, I did own "SolidCoin" which I believe was the second alt coin after Litecoin, or one of the earliest, which I never paid for any SolidCoin, always got it for free.  I believe that was a scam in the end, but it was a matter of picking and choosing battles and seeing where things go.

I am not saying your way of thinking is wrong for yourself, just your way of thinking does not have to be right for every person or every coin.   Believe me when I say I prefer open source as a general rule, it just makes sense imo, and I hope some features of Vericoin are able to change protocol to be open source.   For now though, the transparency and interaction from the developers is enough for me to see where this coin is going.

People in this thread and all the other Vericoin communities (Vericoin reddit, Twitter, Veritalk forums) are very aware they are putting a lot of trust in the developers and that many of the key features that separate Vericoin from other coins rely on these devs.   You're not supposed to have to trust the devs, but people can if they want and there is no need to be negative about people having choice :/   (btw, I mean that from the Vericoin users that attack back as well, bullshit posts can stop and be discussed better from haters and lovers of the coin)

neurorit
Member
**
Offline Offline

Activity: 93
Merit: 10


View Profile
July 15, 2014, 04:21:10 AM
 #9384

I don't have a problem with what they're adding or how they're doing it. But they should be doing it as a company not a decentralized currency.

So yeah I don't understand really where you're coming from. This just looks really bad and I felt like trying to give a different angle to the picture. To me this isn't all about making money. It's test bed to see what ideas work and with this project and the way they chose to implement their services I feel like they should be incorporated and insured (e.g. Coinbase or even Paypal).

I put a lot of effort trying to make my point about how you shouldn't have to trust someone or some team when it comes to a currency. If it's a service, fine that can be different if it's done properly (again Coinbase). but if I didn't make my point by now I'm not going to.
tigerwood0432
Hero Member
*****
Offline Offline

Activity: 481
Merit: 500



View Profile
July 15, 2014, 04:23:18 AM
 #9385


I think this incident will show that rollback options will need to be part of every
coin including Bitcoin in the case of catastrophic system damage such
as what happened with the 8 million coin theft.

Otherwise regular mainstream users will not trust Crypto with their money - ever.

Don't let archaic ideals cloud the future of this experiment. I think this VRC
case will be looked back on as a groundbreaking event that helped bring crypto to
the masses.

Trust makes money work.
It's only logical that the system can defend itself from attacks that can kill it.

I will favor investment in coins that have this capability myself.
No one wants to put their money into defenseless vapor.


I agree - The developers might not as Patrick has said "We can't do this again."

However the recovery options will need to be much more sophisticated than simple rollbacks because this needs a number complicated problems such as merchants who exchanged goods for currency which was later made worthless.

As a wider point - eventually if cryptocurrencies ever go "Mainstream" then unless the world order changes (a radical change in human civilization departing from thousands of years of history), then it will be brought under the control of the federal reserve and all the other banking cartels/central banks of the world - they will be the masters of this new crypto economy - being able subtract and add to the money supply at their will. They will use any and all means they can to achieve this control, using similar secretive methods they used to setup the Federal Reserve all those years ago.





people didn't realize that rollback saved their asses = 1.45 million euros will put any exchanger down = so mintpal down = all crypto gone : zs , min , mint , btc , ltc ....etc = other exchnages will go down also = because they have transfers between them = it will be like subprim crisis with banks = pyramid = all exchanges will close




▄███████████████████████████████████████████▄
█████████████████████████████████████████████
██username 12345█████████████████████████████
█████████████████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
█████████████████████████████████████████████
██1234567███12345678██12345678███12345678████
█████████████████████████████████████████████
████████████████████████████████████████████
████▒▒▒▒▒▒███████████████████████████████████
█████████████████████████████████████████████
▀███████████████████████████████████████████▀
CryptoPay


  GET IT NOW
7vpo
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500

Na Zdorovie!


View Profile
July 15, 2014, 04:23:41 AM
 #9386

1.3.3 not available on vericoin.info. This is 1.3.2. Where 1.3.3 ?
monsanto
Legendary
*
Offline Offline

Activity: 1239
Merit: 1005


..like bright metal on a sullen ground.


View Profile
July 15, 2014, 04:29:04 AM
 #9387



You're not supposed to have to trust the devs. Open source means you don't have to trust them. It's not a rule. There are no rules. But when you have a coin that A) has a network that is dangerously centralized. PoS coin having that large of a percentage of its coins supply on an exchange wallet is messed up. It's so much worse than Ghash.Io and such. Then B) you have coins that are secure and are open source which don't require trusting the devs that offer the same functionality except maybe a couple gimmicky centralized features ... it reeks. Sorry it does. If you're a holder learn from it.


I would say the aim is to have better functionality.  I see no reason why people if given a choice might not opt for some level of centralization, nor is there any law of nature that this would lead to less utility or danger to the end user or economy using it.  Both systems seem so far to have major weaknesses. The reason for decentralization, for most users, is to provide this functionality by getting around currency laws. I think it is likely that the creators of bitcoin had experience and were involved in previous more centralized currency projects that ran into trouble with those laws.  In short, if you're decentralized, who gets sued? who goes to jail? it confuses legal systems. It could be that the most effective coins are the ones that can maintain the maximum level of centralization without creating an indefensible legal situation. Or perhaps the ones that maintain the most centralization in their infancy, before being launched as open source, at some critical stage. Nobody knows.  

In a darwinian sense I would expect those coins with devs willing to do things like roll back in extreme situations might propagate faster because they don't commit suicide.  Unless of course this mass ideaological backlash some are predicting against vrc occurs.  Anyway, it's all an experiment and a scam, time will tell who profits.    
MrTowelie
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
July 15, 2014, 04:29:38 AM
 #9388

Can I get some more addnode? Getting 0 network connections
healthandwealth
Full Member
***
Offline Offline

Activity: 138
Merit: 100


View Profile WWW
July 15, 2014, 04:30:43 AM
 #9389

Has anyone withdrawn from Mintpal successfully?  I test withdrew 5 vericoin a hour ago to my newly downloaded and fully synced wallet (verision 1.3.3) and I have yet to receive anything.

Anyone else have this issue?  

It's not a matter of if.  It's a matter of when.
portice
Legendary
*
Offline Offline

Activity: 1000
Merit: 1000


View Profile
July 15, 2014, 04:31:35 AM
 #9390

Not invested in VRC at all, 0% stake.  This shit makes me sick though.  Your supporting an exchanges's incompetence and should be ashamed of yourselves.  I mean I get it, you guys are vested in it and want to support a coin you believe in, but this is certainly not the way you go about it.  Some positives will come out of this though as Mint will surely not keep those hot wallets so ripe.  And no, I am not "fudding", I'm not "trying to get coins cheap", I just believe in my opinion that this was the totally improper way to go about fixing an exchanges total fuck up and as a community, you took the easy way out.
Shinraven
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
July 15, 2014, 04:33:27 AM
 #9391


If you look at the history chart for VRC's staking power network-wide, there was a massive drop off of millions in weight when the hack is claimed to have happened. They didn't stake, my ass. Also, the coins were wild out of Mintpal's control for over 10 hours, exchanges were not frozen - yet they sat at the same two withdrawal addresses and did not move at all, and the fork was done the next day. What hacker do you know that wouldn't sell a single coin after stealing it? Mintpal is full of shit. This all looks much more like they lost the coins somehow, perhaps by transferring to an inaccessible address, or overwriting files they shouldn'tve - something. If they lost $2 mil USD, they were facing UK prison - so they tell the VRC devs they got hacked, Nosker is pressured to save his network against the possibility of a single majority-staker, and the userbase for both VRC and Mintpal get to scratch their heads over what the real story is behind all the shadows and bullshit.

One thing is for sure, Mintpal failed due to negligence and/or incompetence, and they're being less than honest about the details of the issue and how they operate their business. Nosker's hand was a bit forced to save his coin, considering the circumstances - but one can't help but wonder what he knew. His argument about throwing up massive sell walls on the exchanges to "help investors" doesn't make much sense to me. Wouldn't he want BTC walls to prevent the price crashing? Seems odd. Anyway, fuck Mintpal, and shame VRC got dragged into it.

See this is the entire point. People are too cool with trusting devs and believing the first story they heard blah blah.

The entire point of crypto is that you don't have to trust anyone. And then you have these Veri bagholders defending and saying they prefer that all the Veri services are centralized cuz they want have a face they can trust.

It's supposed to be open-source, distributed not closed source and under their care. I don't get how more people arent calling this crap out.  

Hush ! grown men are talking !

Yes we trust the DEVS !

they have proven time and time again they are legit. Where the hell does it say everything has to be open source ? Since you are in crypto, do you like all the scams and P&D non sense that goes on, For once you get 3 talented devs whom by the way, have shown their faces in public, have done all they could to salvage investors from a robbery and continue to deliver day in and day out. Yet you have the nerves to come here and talk shit.

Now back in your hole !
sdmathis
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


AKA The Rubber Monkey


View Profile
July 15, 2014, 04:33:55 AM
 #9392

It's amazing. All I had to do was put three people on "Ignore" and it cleaned this thread right up. I knew that the haters were in the minority, but I didn't realize just how small that minority was.

Equate
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500


View Profile
July 15, 2014, 04:35:00 AM
 #9393

Has anyone withdrawn from Mintpal successfully?  I test withdrew 5 vericoin a hour ago to my newly downloaded and fully synced wallet (verision 1.3.3) and I have yet to receive anything.

Anyone else have this issue? 

no issue everything is working fine on my side.
tigerwood0432
Hero Member
*****
Offline Offline

Activity: 481
Merit: 500



View Profile
July 15, 2014, 04:37:45 AM
 #9394

Has anyone withdrawn from Mintpal successfully?  I test withdrew 5 vericoin a hour ago to my newly downloaded and fully synced wallet (verision 1.3.3) and I have yet to receive anything.

Anyone else have this issue?  

I just withdrew 40k vrc from mintpal to cryptsy (because i didn;t downloaded the wallet = worked fine for me (it took 35 minutes) . did you confirm your withdrawal with your email ?


▄███████████████████████████████████████████▄
█████████████████████████████████████████████
██username 12345█████████████████████████████
█████████████████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
█████████████████████████████████████████████
██1234567███12345678██12345678███12345678████
█████████████████████████████████████████████
████████████████████████████████████████████
████▒▒▒▒▒▒███████████████████████████████████
█████████████████████████████████████████████
▀███████████████████████████████████████████▀
CryptoPay


  GET IT NOW
stormia
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
July 15, 2014, 04:39:56 AM
 #9395

Can somebody please reply to this tweet from Bryce Weiner https://twitter.com/BryceWeiner/status/488813850331193344
with something along the lines of "Oh yeah, you're totally right- $4,000 is SOOOOO much more than $2,000,000 Roll Eyes"

I would but I don't have a twitter..
healthandwealth
Full Member
***
Offline Offline

Activity: 138
Merit: 100


View Profile WWW
July 15, 2014, 04:40:21 AM
 #9396

Has anyone withdrawn from Mintpal successfully?  I test withdrew 5 vericoin a hour ago to my newly downloaded and fully synced wallet (verision 1.3.3) and I have yet to receive anything.

Anyone else have this issue?  

I just withdrew 40k vrc from mintpal to cryptsy (because i didn;t downloaded the wallet = worked fine for me (it took 35 minutes) . did you confirm your withdrawal with your email ?

Yes.  I noticed that in the 'Withdrawals' section of Mintpal the transaction says 'CONFIRMED' but not 'SUCCESSFUL'.  Perhaps it hasn't been processed yet.  I had a buddy test send me 1 Vericoin from his wallet and it arrived just fine.

It's not a matter of if.  It's a matter of when.
tigerwood0432
Hero Member
*****
Offline Offline

Activity: 481
Merit: 500



View Profile
July 15, 2014, 04:40:34 AM
 #9397

Not invested in VRC at all, 0% stake.  This shit makes me sick though.  Your supporting an exchanges's incompetence and should be ashamed of yourselves.  I mean I get it, you guys are vested in it and want to support a coin you believe in, but this is certainly not the way you go about it.  Some positives will come out of this though as Mint will surely not keep those hot wallets so ripe.  And no, I am not "fudding", I'm not "trying to get coins cheap", I just believe in my opinion that this was the totally improper way to go about fixing an exchanges total fuck up and as a community, you took the easy way out.

people didn't realize that rollback saved their asses = 1.45 million euros will put any exchanger down = so mintpal down = all crypto gone : zs , min , mint , btc , ltc ....etc = other exchnages will go down also = because they have transfers between them = it will be like subprim crisis with banks = pyramid = all exchanges will close . if you where at mintpal with 20 or 50 btc holdings and no rollback = you will be crying right now


▄███████████████████████████████████████████▄
█████████████████████████████████████████████
██username 12345█████████████████████████████
█████████████████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
█████████████████████████████████████████████
██1234567███12345678██12345678███12345678████
█████████████████████████████████████████████
████████████████████████████████████████████
████▒▒▒▒▒▒███████████████████████████████████
█████████████████████████████████████████████
▀███████████████████████████████████████████▀
CryptoPay


  GET IT NOW
neurorit
Member
**
Offline Offline

Activity: 93
Merit: 10


View Profile
July 15, 2014, 04:41:56 AM
 #9398



Hush ! grown men are talking !

Yes we trust the DEVS !

they have proven time and time again they are legit. Where the hell does it say everything has to be open source ? Since you are in crypto, do you like all the scams and P&D non sense that goes on, For once you get 3 talented devs whom by the way, have shown their faces in public, have done all they could to salvage investors from a robbery and continue to deliver day in and day out. Yet you have the nerves to come here and talk shit.

Now back in your hole !

hehe  Grin  

You're funny. There's always a guy just like in every rip off scamcoin thread I read.

I can't feel sorry for you when something goes wrong cause you want to trust them. They've been doing this how long? If you're into this coin for its functionality why not use paypal? I'm pretty sure any sane person would trust Paypal to some random 3 tard devs who constantly overuse and misuse the word decentralization so often when this coin is one of the least decentralized alts out. Overcompensating perhaps?

And I'm not talking just shit about the rollback. The entire coin is shit. VeriSend (privacy but you have to trust us hahaha since it's centeralized.. perfect example right there. So what if a government by way of coercion takes over that service? hmmm that's why you don't have a central point of failure!!!  you obviously don't get it. And either your devs don't get it or they're scammers. Either one is pretty likely in my book.
BitcoinPorn
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


Posts: 69


View Profile WWW
July 15, 2014, 04:45:15 AM
 #9399

I don't have a problem with what they're adding or how they're doing it. But they should be doing it as a company not a decentralized currency.

I like it done as a decentralized currency, as all the current Vericoin users are able to vote with their wallets on what fork they are able to use (as stated in previous posts, other coins have forked as well).  It comes down to then what fork the miners and exchanges wish to use (which P2Pool and decentralized exchanges *should* be the way, people have voted with their wallets to continue to use Mining Pools and centralized exchanges).   People who are Vericoin users are choosing to upgrade rather than allow the coin to fail, the developers did not force this on any person, people can choose to stay on the stolen coin blockchain, things are still decentralized by that definition.

Amalgamus
Full Member
***
Offline Offline

Activity: 185
Merit: 100


View Profile
July 15, 2014, 04:47:56 AM
 #9400

Mintpal has been veri lucky in this case that the decision taken by the vrc devs to make the hard fork saves them from may be bankrupcy. Pnosker and all the investors backing vericoin do not deserve to suffer a drop in their currency because of MP's fault. In return of the 2millions $ they didn't have to bail out, they should have to pay the price of maintaining the price of vericoin over 40k sat in compensation for their loophole in their business. That would be a small price for them to pay and  a way to thank the devs and their followers for having been detrimental to vericoin...
Pages: « 1 ... 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 [470] 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 ... 963 »
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!