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effectsToCause (OP)
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June 07, 2016, 11:32:55 AM
Last edit: June 07, 2016, 11:59:05 AM by effectsToCause |
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VRM mining algo and ICO e.t.a.?
Also, you can only invest in VRM ICO with VRC?
Yes you can only get VRM in ICO with VRC. Date of ICO coming soon but it will likely be in July, release of Verium shortly thereafter. |
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SwedishGirl
Sr. Member
 Offline
Activity: 392
Merit: 250
Looking for shmexy coins!
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June 07, 2016, 12:54:35 PM |
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Welcome back guys and good luck! It's nice to see somebody focused on improving digital currency as a currency and not as basically anything else.
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BitcoinPorn
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June 07, 2016, 02:12:58 PM |
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Still the best and most useful crypto wallet out there. Cannot wait to see even more about Verium
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madjules007
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June 07, 2016, 02:21:51 PM |
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Looking good! Will be following the developments!
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blackfan73
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June 07, 2016, 02:32:50 PM |
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Vericoin is cheap right now,It is a great opportunity to bargain.
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SwedishGirl
Sr. Member
Offline
Activity: 392
Merit: 250
Looking for shmexy coins!
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June 07, 2016, 02:47:05 PM |
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1. What percentage of the VRM supply will be available for ICO?
2. What will the ICO funds be used for?
3. And what is the incentive for people taking part in the ICO?
Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.
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Conqueror
Legendary
Offline
Activity: 1354
Merit: 1020
I was diagnosed with brain parasite
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June 07, 2016, 03:01:20 PM |
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1. What percentage of the VRM supply will be available for ICO?
2. What will the ICO funds be used for?
3. And what is the incentive for people taking part in the ICO?
Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.
Good questions, i want to now the answers as well  |
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Cryptonitex
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June 07, 2016, 03:42:34 PM |
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Vericoin is cheap right now,It is a great opportunity to bargain.
You're right. Right now is the best time to get your hands on some VeiCoin. |
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warr1979
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June 07, 2016, 03:45:09 PM |
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1. What percentage of the VRM supply will be available for ICO?
2. What will the ICO funds be used for?
3. And what is the incentive for people taking part in the ICO?
Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.
Good questions, i want to now the answers as well Damn its been a LLLOOOONNNNGG time. The devs would be able to answer this way better then myself but I will answer to the best of my knowledge. 1) Maintenance of things like verbit, marketing promotion to further adoption, development 2) There are talking a 40% discount of verbit, if I understand its a 10:1 ratio 3) To get verium at a discounted prices instead of a 10:1 ratio its 6:1 Like I said this is from what I have gathered I know everything has not been hammered out yet. Think if gold was $1 and you can buy it for 60 cent on the dollar that's a nice deal. There's only going to be a little over 2 million Verium and with the developers keep working to improve the coin this isn't going no where anytime soon. Verium and Vericoin are going to keep growing maybe slow but still growing non the less with some pretty smart people behind it. With the way bitcoin transaction times are compared to Vericon this is a true currency competitor, with the security and scarcity of verium in relation to vericoin this is a potential game changer. |
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effectsToCause (OP)
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June 07, 2016, 06:15:52 PM |
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1. What percentage of the VRM supply will be available for ICO?
2. What will the ICO funds be used for?
3. And what is the incentive for people taking part in the ICO?
Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.
1. What percentage of the VRM supply will be available for ICO? Still determining this based on mining requirements etc. 2. What will the ICO funds be used for? The funds will largely be saved for long term usage on likely infrastructure, development, projects and collaborations. All usage of funds will be publicly and transparently voted for by the core community at vericoinforums.com, which anyone can be a member of. There are some post requirements and such for voting though. 3. And what is the incentive for people taking part in the ICO? The ICO will likely be a first come, first serve tiered discount (probably starting at 40% discount) on what we estimate the value of Verium to be based on the 10x lower total supply ratio with VeriCoin and it's price at the time of the ICO. |
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Conqueror
Legendary
Offline
Activity: 1354
Merit: 1020
I was diagnosed with brain parasite
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June 07, 2016, 07:03:15 PM |
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Ok, to participate in VRM ICO you need to have VRC.
I suppose it is best time to hoard some cheap VRC in advance now, before others start...
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warr1979
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June 07, 2016, 07:26:29 PM |
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Ok, to participate in VRM ICO you need to have VRC.
I suppose it is best time to hoard some cheap VRC in advance now, before others start...
Cheap coin to get discounted commodity from developers that are basically geniuses and ethical? This is potentially great investing! This coin went hiding but they didn't stop working! |
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pnosker
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June 07, 2016, 08:06:22 PM |
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It's been a while but it's good to be back on here! If you watched the hangout ( https://www.youtube.com/watch?v=ma0XXq3IDKk), you'll see we're all really excited about Verium and the ecosystem it will make along with VeriCoin. The symbiotic relationship between the two allows the movement of money via the mining costs to come into VRC through VRM adding a significant source of value all while helping secure the VRC and VRM networks. |
Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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warr1979
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June 07, 2016, 11:46:10 PM |
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1. What percentage of the VRM supply will be available for ICO?
2. What will the ICO funds be used for?
3. And what is the incentive for people taking part in the ICO?
Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.
1. What percentage of the VRM supply will be available for ICO? Still determining this based on mining requirements etc. 2. What will the ICO funds be used for? The funds will largely be saved for long term usage on likely infrastructure, development, projects and collaborations. All usage of funds will be publicly and transparently voted for by the core community at vericoinforums.com, which anyone can be a member of. There are some post requirements and such for voting though. 3. And what is the incentive for people taking part in the ICO? The ICO will likely be a first come, first serve tiered discount (probably starting at 40% discount) on what we estimate the value of Verium to be based on the 10x lower total supply ratio with VeriCoin and it's price at the time of the ICO. I say 7%-10% of the supply should be availability for the ICO. Thats at most 260,000 Verium |
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BitcoinPorn
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June 08, 2016, 01:03:25 AM |
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I say 7%-10% of the supply should be availability for the ICO. Thats at most 260,000 Verium
Has a similar situation happened with any other coin where we could compare numbers and results as well as I guess reasoning behind the percentage. |
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Cryptonitex
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June 08, 2016, 03:26:16 AM |
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Ok, to participate in VRM ICO you need to have VRC.
I suppose it is best time to hoard some cheap VRC in advance now, before others start...
Now is probably the best time to buy some VRC as it's pretty cheap now. |
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Cryptonitex
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June 08, 2016, 03:27:52 AM |
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Ok, to participate in VRM ICO you need to have VRC.
I suppose it is best time to hoard some cheap VRC in advance now, before others start...
Cheap coin to get discounted commodity from developers that are basically geniuses and ethical? This is potentially great investing! This coin went hiding but they didn't stop working! Far from it. The developers have been working hard, non-stop on VeriCoin. |
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Cryptonitex
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June 08, 2016, 03:29:54 AM |
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1. What percentage of the VRM supply will be available for ICO?
2. What will the ICO funds be used for?
3. And what is the incentive for people taking part in the ICO?
Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.
1. What percentage of the VRM supply will be available for ICO? Still determining this based on mining requirements etc. 2. What will the ICO funds be used for? The funds will largely be saved for long term usage on likely infrastructure, development, projects and collaborations. All usage of funds will be publicly and transparently voted for by the core community at vericoinforums.com, which anyone can be a member of. There are some post requirements and such for voting though. 3. And what is the incentive for people taking part in the ICO? The ICO will likely be a first come, first serve tiered discount (probably starting at 40% discount) on what we estimate the value of Verium to be based on the 10x lower total supply ratio with VeriCoin and it's price at the time of the ICO. I say 7%-10% of the supply should be availability for the ICO. Thats at most 260,000 Verium That seems like a fair percentage. |
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verb
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June 08, 2016, 05:27:57 AM |
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This could really be big, once the ICO date and details are set and we learn more about what VRM will be, this may just be one of the highlights of Q3 in crypto!
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