[ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released

[FANCIER]

Both would be nice.

[monsanto]

Both would be nice.

I agree, which brings up the question: why would anyone not want to be listed on as many exchanges as possible?

[warr1979]

Both would be nice.

I agree, which brings up the question: why would anyone not want to be listed on as many exchanges as possible?

Why only one?? Two reason 1) I rather be in a stand up trusted exchange then just any exchange that when it hits the fan your SOL. 2)  Volume get spread out.  This coin doesn't have much volume so I want to get as much volume and if your on different exchanges it gets spread out which leads to different prices across exchanges and more of and opportunity to manipulate the price

[RJF19]

Question: Downloaded and installed 32 bit Win Wallet but still shows 1.6.5.0 not 1.6.5.1 as shown on the OP. Normal?

[aa417444103]

Will  open the exchange of VRC/BTC?

[effectsToCause]

Question: Downloaded and installed 32 bit Win Wallet but still shows 1.6.5.0 not 1.6.5.1 as shown on the OP. Normal?

if bottom left corner of wallet window says 1.6.5.0, then no something isn't installed correctly.  Make sure downloaded installer is 1.6.5.1 and try uninstalling wallet in add remove programs first, then install again.

[effectsToCause]

Will  open the exchange of VRC/BTC?

VRC/BTC is already open in multiple exchanges, if you mean VRM/BTC that will be up to the exchanges to add.

[Wilhelmer]

Is there a updated roadmap for VRC?

[monsanto]

Pat, Doug, Steve and David. As many have seen from recent ICO's/IPO's some of them are coming out as total scams Waves currently, 40%(12,000+/- BTC) of the ICO funds where withdrawn with no explanation from the Devs or anyone from the Waves team.

 Can we get a complete breakdown with what will happen to and what the ICO funds will be used for? How will you guarantee what the funds will be used for and how they will be used, protected and secured? Transparency? Will the Vericoin/Verium community vote for how the funds will be used?

 I just want a complete layout of how my investment will be used with as much detail as possible. I trust you guys whole hearted ly but for others who don't know Vericoin or the Dev's please lay it out for them.

Thanks

Yea of course. We haven't yet figured out exactly what we want yet, besides us devs thinking that a staking endowment would be really neat with 50% of the funds.

Roughly, for the other 50%, I think we're considering:

20% for current and future development work (perhaps half of which would be split by the 4 VRC devs for current work, the rest for if we take on any more developers, etc.)
15% for future projects
15% for current and future marketing efforts/server costs/block explorer costs/etc. (would reimburse the past couple years of hosting costs that I paid out of pocket, media creation (such as Bruno's images that are used in the wallet, help pay for the VRC Forums, etc.)

But this is pretty much made up by me on the spot, but I think it's realistic.

Are you saying some of the funds could be used to reimburse you for previous years expenses  .  With all due respect that doesn't sound like a good idea.

[RJF19]

Question: Downloaded and installed 32 bit Win Wallet but still shows 1.6.5.0 not 1.6.5.1 as shown on the OP. Normal?

if bottom left corner of wallet window says 1.6.5.0, then no something isn't installed correctly.  Make sure downloaded installer is 1.6.5.1 and try uninstalling wallet in add remove programs first, then install again.

That did the trick, all is well, thanks for the quick support!

[WhoCaresCoins]

Voted!! I prefer Poloniex. Poloniex is better than Bittrex.

[copaamerica]

Voted!! I prefer Poloniex. Poloniex is better than Bittrex.

Of course, but poloniex doesn't list any coin in recent weeks, last coins were steem and lbry since the dao fiasco. It is a bit challenge to list there, you can try btw.

[DARKHOLDER]

The price of VRC is moving up while we are approaching the end of Verium ICO. Nice moves 

Today price like stuck at 10000-10500 sat..

[souljah1h]

1384854.05542366 VRC collected so far in Phase 2.

Last day the ICO is running. (16 hours left).

http://www.vericoin.info/ico.html

[souljah1h]

A brief overview of current development plans:

-Once the ICO ends, we can prepare the mainnet and mine the correct required VRM from the ICO.
-Then after the ICO funds are mined, we will run the mainnet privately with a block reward of zero until all the ICO funds are sent to their respective addresses
-After all the funds have been disbursed we will open the mainnet up to the public and start the blocktime-dependent reward scheme.
-Then mining will begin
-We will be working with either poloniex, bittrex or both to support a VRC/VRM market pair.  The VRM/BTC pairs will be up to the exchanges to add at their own discretion.
-Once this market pair is up we will add VRM/VRC swap functionality to the Verium and VeriCoin wallet.
-After the Verium network has stabilized we will release a new VeriCoin wallet that accepts Verium blocks as part of it's consensus, then as Verium picks up steam so too does the currency in security, transaction speed and scalability.

[WarrEagle]

9 hours left and more VRC coming in late in the ICO. Good stuff!

[poetra2501]

9 hours left and more VRC coming in late in the ICO. Good stuff!

What it's mean that this price coin will be up again.?

[warr1979]

9 hours left and more VRC coming in late in the ICO. Good stuff!

What it's mean that this price coin will be up again.?

Sadly no the blind vericoin apologist will say it's market manipulation.  Which I think now is some what correct so few people care about the coin they raise and dump the prices as they see but it's never going to be any more then that.  Its unfortunate the developers are great smart ethical people but they have no direction on how to promote the coin.  Also this is a hobby for the most part so there time is limited do to family, work and life.  So on a day where the price should be rising and people should be happy with anticipation it's just a flat day with very little noise.

[poetra2501]

9 hours left and more VRC coming in late in the ICO. Good stuff!

What it's mean that this price coin will be up again.?

Sadly no the blind vericoin apologist will say it's market manipulation.  Which I think now is some what correct so few people care about the coin they raise and dump the prices as they see but it's never going to be any more then that.  Its unfortunate the developers are great smart ethical people but they have no direction on how to promote the coin.  Also this is a hobby for the most part so there time is limited do to family, work and life.  So on a day where the price should be rising and people should be happy with anticipation it's just a flat day with very little noise.

Thanks for your opinion, i agree with you.
We just hope the developers caring about this coin and will be smart to promote the coin.

[warr1979]

9 hours left and more VRC coming in late in the ICO. Good stuff!

What it's mean that this price coin will be up again.?

Sadly no the blind vericoin apologist will say it's market manipulation.  Which I think now is some what correct so few people care about the coin they raise and dump the prices as they see but it's never going to be any more then that.  Its unfortunate the developers are great smart ethical people but they have no direction on how to promote the coin.  Also this is a hobby for the most part so there time is limited do to family, work and life.  So on a day where the price should be rising and people should be happy with anticipation it's just a flat day with very little noise.

Thanks for your opinion, i agree with you.
We just hope the developers caring about this coin and will be smart to promote the coin.

I hold a pretty big bag but I don't think they are.  I gave them the contact info of my friend who owns a marketing firm and they didn't even give him a curiosity call which is free.  My friend has knowledge about crypto would not have heavily charged them and if he couldn't help them he would of been up front.  There idea of marketing is voting on every issue on their forum which doesn't work.  So the marketing money they did raise there going to throw away since they will be no purpose but to try and see what happen by copying what other coins have done.