souljah1h
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July 21, 2016, 09:29:55 AM |
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I liked reading your analysis.  |
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Elevated
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Activity: 37
Merit: 0
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July 21, 2016, 12:13:40 PM |
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I'm having some difficulty understanding the phase 2 distribution language "18 days with 10 VRC/VRM minimum price OR your share of total VRC raised is your fraction of 350,000 VRM." Does this mean the amount of VRC accepted in phase 2 will be unlimited? And if so, wouldn't that make the buy-in price potentially far worse than 10 VRC/VRM?
Also, will VRM be on exchanges later, or only by swap in the wallet?
Thank you.
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warr1979
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July 21, 2016, 01:46:45 PM |
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I'm having some difficulty understanding the phase 2 distribution language "18 days with 10 VRC/VRM minimum price OR your share of total VRC raised is your fraction of 350,000 VRM." Does this mean the amount of VRC accepted in phase 2 will be unlimited? And if so, wouldn't that make the buy-in price potentially far worse than 10 VRC/VRM?
Also, will VRM be on exchanges later, or only by swap in the wallet?
Thank you.
Yes it can be higher then 10-1. But that being said like @effectstocause said on the vericoin forum "Also I think 10:1 is already an implicit discount because the supply ratio between VRC and VRM at launch will actually be ~30:1 while mining brings it towards the final 10:1 supply ratio over time". Remember this is going to take YEARS!! |
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MAD945
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July 21, 2016, 07:18:47 PM |
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I'm having some difficulty understanding the phase 2 distribution language "18 days with 10 VRC/VRM minimum price OR your share of total VRC raised is your fraction of 350,000 VRM." Does this mean the amount of VRC accepted in phase 2 will be unlimited? And if so, wouldn't that make the buy-in price potentially far worse than 10 VRC/VRM?
Also, will VRM be on exchanges later, or only by swap in the wallet?
Thank you.
Yes it can be higher then 10-1. But that being said like @effectstocause said on the vericoin forum "Also I think 10:1 is already an implicit discount because the supply ratio between VRC and VRM at launch will actually be ~30:1 while mining brings it towards the final 10:1 supply ratio over time". Remember this is going to take YEARS!! I believe it will be a swap through wallet, but will be able to send to exchange as well |
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souljah1h
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Activity: 1092
Merit: 1000
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July 21, 2016, 08:23:18 PM |
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effectsToCause Admin 22:08
Approximate average ICO phase 1 investment amount is 10k VRC.
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warr1979
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July 21, 2016, 09:01:25 PM |
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effectsToCause Admin 22:08
Approximate average ICO phase 1 investment amount is 10k VRC.
Wow all the "whales" must of been starving!! 😒😒...lol |
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mybitcoin101
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July 22, 2016, 03:22:56 AM |
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can anyone share with me what utility vericoin has,
thanks
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jd1959
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July 22, 2016, 03:43:20 AM |
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Come on guys suck it up.....there will be future opportunities to invest......just remember Due Diligence is everyone's personal responsibility. Cheers Jon  |
dICO Disguised Instant Cash Out |
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souljah1h
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Activity: 1092
Merit: 1000
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July 22, 2016, 07:48:59 AM |
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can anyone share with me what utility vericoin has,
thanks
What did you find out yourself? Just curious. |
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warr1979
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July 22, 2016, 02:01:10 PM |
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can anyone share with me what utility vericoin has,
thanks
This was to be part of the press release. Vericoin is a PoST coin established on May 2014 by Douglas Pike, Patrick Nosker and David Bohem. With one second transactions, sixty second confirmations, a multitude of features such as VeriBit, VeriSend, a BIP32 Lite Android Wallet and a very user friendly Desktop Wallet, VeriCoin is a much quicker, more intuitive, more efficient Peer to Peer Digital Currency than any traditional banking system or even Crypto Currency in existence - including Bitcoin. |
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WhoCaresCoins
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July 22, 2016, 04:13:45 PM |
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effectsToCause Admin 22:08
Approximate average ICO phase 1 investment amount is 10k VRC.
Wow all the "whales" must of been starving!! 😒😒...lol So what? What did you try to mean? |
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MAD945
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July 22, 2016, 05:53:55 PM |
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Bittrex has approached the Dev's to offer a VRC/VRM trading pair on their exchange |
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MAD945
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July 22, 2016, 05:56:36 PM |
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effectsToCause Admin 22:08
Approximate average ICO phase 1 investment amount is 10k VRC.
Wow all the "whales" must of been starving!! 😒😒...lol So what? What did you try to mean? People where claiming that there where only whales buying large quantities of Verium during Phase 1, if the average buy was 10k VRC we can assume that it was larger quantity of people buying smaller amounts |
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souljah1h
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Activity: 1092
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July 22, 2016, 06:52:43 PM |
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Bittrex has approached the Dev's to offer a VRC/VRM trading pair on their exchange Where did you read this? |
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HellSpawn.
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Activity: 67
Merit: 10
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July 22, 2016, 07:15:45 PM |
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How many Phases the ICO HAVE?  |
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MAD945
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July 22, 2016, 08:03:47 PM |
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Bittrex has approached the Dev's to offer a VRC/VRM trading pair on their exchange Where did you read this? Sorry let me rephrase this, bittrex wanted to talk about VRM/VRC pairing. Can't find the twitter reply |
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souljah1h
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July 22, 2016, 08:17:21 PM
Last edit: July 22, 2016, 08:42:18 PM by souljah1h |
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How many Phases the ICO HAVE? 2 Phases. Phase 1 is over, Phase 2 is coming. Countdown to Phase 2 here http://www.vericoin.info/ico.html |
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HellSpawn.
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July 22, 2016, 09:43:28 PM |
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Thank you for the clarification! |
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MAD945
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July 22, 2016, 09:55:34 PM |
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How much VRM will be available in Phase 2? |
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