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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1355397 times)
MickyCOB
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June 15, 2016, 12:49:58 AM
 #17221



Here's the new block to be added to the ANN

VRC VRC looking good, I will be watching this for sure

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CryptoCoinWareHouse
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June 15, 2016, 01:48:41 AM
 #17222


Sorry, i didnt read the whole thread on the last pages.
So we have to swap to Verium? Did i get this right? And the "early swapper" will receive more VRM than the late swappers?

Hey testbug how's it going?  Good to see you.  Swap is totally optional read first page for details, VRM and VRC will be paired cryptos, one currency, one reserve.  And yes early swap is cheaper than late swap ICO


so If I have 60,000 vrc should I swap them on the virst day for verium another words would the vericoin go upin value with verium ? which is better to have
Warren.Buffet
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June 15, 2016, 02:17:32 AM
 #17223

guys, stop quoting the long-ass graphics all the time, my mouse wheel finger is aching ...
cjmining
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June 15, 2016, 12:46:46 PM
 #17224

What will happen to VRC after the verium buy/swap ? will it still exist as a trade able coin in its current format ?
warr1979
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June 15, 2016, 12:54:59 PM
 #17225

What will happen to VRC after the verium buy/swap ? will it still exist as a trade able coin in its current format ?


Yes. Verium is going to be a commodity.  It's confirmation times are way longer and takes a longer to move then vericoin.  Vericoin is cash, Verium is gold.  You can trade gold for goods but it's easier to do it in cash.
pnosker
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June 15, 2016, 01:21:59 PM
 #17226

What will happen to VRC after the verium buy/swap ? will it still exist as a trade able coin in its current format ?

VeriCoin isn't going anywhere. The swap is just to reward some holders with the ability to get some "gold" since they have "cash" already and at a discount. Only 25% of VRC at most will be swapped. The swapped VRC will be used for bounties, to cover hard costs (such as hosting the website and services), for marketing and PR for VRC and VRM, etc. to be decided on in the future.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
Cryptonitex
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June 15, 2016, 02:50:12 PM
 #17227

guys, stop quoting the long-ass graphics all the time, my mouse wheel finger is aching ...
haha, BCT does do it weird here and makes pages so long.
Xosihc
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June 15, 2016, 11:31:46 PM
 #17228

Is someone interested in buying my first edition physical pure silver vericoin? (#46/100) I accept btc and VRC only!
I might be interested... how much VRC/silver is it? and how much would you want for it?
Auna
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June 16, 2016, 04:20:32 AM
 #17229

Is someone interested in buying my first edition physical pure silver vericoin? (#46/100) I accept btc and VRC only!
I might be interested... how much VRC/silver is it? and how much would you want for it?

It's one troy ounce of silver. The coin is in its original capsule and it is empty (vrc devs should have sent 100vrc in it but i never requested those coins) Make me an offer.
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June 16, 2016, 09:36:01 AM
 #17230

Is someone interested in buying my first edition physical pure silver vericoin? (#46/100) I accept btc and VRC only!
I might be interested... how much VRC/silver is it? and how much would you want for it?

It's one troy ounce of silver. The coin is in its original capsule and it is empty (vrc devs should have sent 100vrc in it but i never requested those coins) Make me an offer.

I have #40  it has a hologram on the back saying "valid" did these coins come with VRC loaded on them?

If you don't know who I am, then maybe your best course would be to tread lightly
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June 16, 2016, 10:38:02 AM
 #17231

This one is still for sale Tongue http://www.ebay.nl/itm/2014-1oz-999-Fine-Silver-Limited-Edition-Physical-VeriCoin-Round-LIKE-BITCOIN-/191734472377?hash=item2ca443deb9:g:tXEAAOSw5VFWP7wx

_@/'
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June 16, 2016, 01:26:10 PM
 #17232

Is someone interested in buying my first edition physical pure silver vericoin? (#46/100) I accept btc and VRC only!
I might be interested... how much VRC/silver is it? and how much would you want for it?

It's one troy ounce of silver. The coin is in its original capsule and it is empty (vrc devs should have sent 100vrc in it but i never requested those coins) Make me an offer.

I have #40  it has a hologram on the back saying "valid" did these coins come with VRC loaded on them?

I can tell you this: the other devs and I didn't make these coins, a user named SocalCrypto (William Sedlak) did. We also didn't send any coins to them ourselves, but the public key should have been provided with the coin so you could check the funding or fund yourself. The private key is under the valid sticker, as far as I know.

Support the VeriFund Endowment.
VRC: VFEndownxxnHea9mv59kZx8c7TysGbndYx
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June 16, 2016, 06:03:20 PM
 #17233

Is someone interested in buying my first edition physical pure silver vericoin? (#46/100) I accept btc and VRC only!
I might be interested... how much VRC/silver is it? and how much would you want for it?

It's one troy ounce of silver. The coin is in its original capsule and it is empty (vrc devs should have sent 100vrc in it but i never requested those coins) Make me an offer.
You probably wouldn't like my offer but I'd basically match the equivalent of a China Panda... something like spot + $9. I have no clue what you originally paid for this but I'm assuming it was more then that?
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June 16, 2016, 06:17:52 PM
 #17234

Is someone interested in buying my first edition physical pure silver vericoin? (#46/100) I accept btc and VRC only!
I might be interested... how much VRC/silver is it? and how much would you want for it?

It's one troy ounce of silver. The coin is in its original capsule and it is empty (vrc devs should have sent 100vrc in it but i never requested those coins) Make me an offer.
You probably wouldn't like my offer but I'd basically match the equivalent of a China Panda... something like spot + $9. I have no clue what you originally paid for this but I'm assuming it was more then that?
I don't remember what I paid for it.. it was a long time ago. I can sell it for 3000 VRC or 0.24BTC :O How does that sound? Remember that there's only a 100 coins so you should not really compare these to China pandas Wink
Cryptonitex
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June 16, 2016, 07:26:28 PM
 #17235

That's a cool looking coin. Wish I had one of them.
Holding my VRC though.
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June 16, 2016, 07:43:28 PM
 #17236

There should be Verium branded platinum bars eventually Smiley
Cryptonitex
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June 17, 2016, 02:55:14 AM
 #17237

There should be Verium branded platinum bars eventually Smiley
I'm sure someone will make one soon.
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June 17, 2016, 07:55:59 AM
 #17238

What will happen to VRC after the verium buy/swap ? will it still exist as a trade able coin in its current format ?

VeriCoin isn't going anywhere. The swap is just to reward some holders with the ability to get some "gold" since they have "cash" already and at a discount. Only 25% of VRC at most will be swapped. The swapped VRC will be used for bounties, to cover hard costs (such as hosting the website and services), for marketing and PR for VRC and VRM, etc. to be decided on in the future.

I guess I thought the swapped VRC was going to be burned.  So to get verium, you need to buy with vericoin, but all the vericoin that is paid will be sold in order to support verium and add additional marketing for vericoin? When you say at most 25% of VRC will be swapped are you saying 25% of total VRC coins in circulation could eventually be sold to support this project?
effectsToCause (OP)
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June 17, 2016, 01:09:57 PM
 #17239

What will happen to VRC after the verium buy/swap ? will it still exist as a trade able coin in its current format ?

VeriCoin isn't going anywhere. The swap is just to reward some holders with the ability to get some "gold" since they have "cash" already and at a discount. Only 25% of VRC at most will be swapped. The swapped VRC will be used for bounties, to cover hard costs (such as hosting the website and services), for marketing and PR for VRC and VRM, etc. to be decided on in the future.

I guess I thought the swapped VRC was going to be burned.  So to get verium, you need to buy with vericoin, but all the vericoin that is paid will be sold in order to support verium and add additional marketing for vericoin? When you say at most 25% of VRC will be swapped are you saying 25% of total VRC coins in circulation could eventually be sold to support this project?

The community will decide what is done with the funds via a vote, but one of the best ideas out there I think is to hold about 50% of the ICO fund in perpetuity and stake it.  The stake earnings could cover all the hard costs for the long term and sale of the stake earnings will be minimal and spread out over time.  If this were the case about 50% would be frozen and this could be enforced via a multisig setup.
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June 17, 2016, 03:56:37 PM
 #17240

So if I'm right the ICO is going to happen through the vericoin wallet?
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