[ANN][VRC] VeriCoin Proof of Stake-Time Currency

Quote from: kewlya on June 17, 2014, 06:43:02 PM

really dont understand why this coin is at this low price when other coins similar like this are 5-10 times more expensive but not delivering shit only promises.

Simple. VRC devs are being smart, they have kept the word anonymous out of the thread title and avoiding any extravagant promises and not marketing themselves as an `anon` coin. Most likely because they would prefer stable slow price increases to pumps and dumps as P&D`s harm confidence in the market. I noticed when there was some fud spreading last time the dev`s then announced no more ETA`s.

These guys are proper intellects and planning this like a master chess game. Long term XC and CRYPT growth will be and has been harmed by major pumps and dumps and from a simple market analysis perspective (technology aside) this could put VRC ahead of the race and I am saying we are at least contending number two spot in the short term (500k sats) from anon alone.

I think the alts market is very immature right now with most people only caring about anon however is SMS wallet works like I think it should suppose to then it will make cryptocoins (namely VRC) available to the wider public due to the easy learning curve VS traditional wallets.

Long term if we can have anon + SMS wallet + an ecosystem of trading based on the SMS wallet then we could really see this not just being another `Darkcoin` in terms of future price and popularity but something to even be more advanced than Bitcoin itself which means in a couple of years $100 is not unrealistic.

Why can a coin like VRC achieve this instead of Bitcoin itself? Because all the big holders of Bitcoins have made their wealth and have no motivation to improve Bitcoin.

Yet I am guessing the devs were just like most of us, normal working class people trying to make our way. Yet these guys decided to put their skills into making the best coin ever and the reason they are willing to work on it is mostly the same reason we are investing, financial incentive. I am sure hobbies and interest come into it too but financial is most important.

Buying VRC is akin to buying into a tech start up which is about to go Apple big. Even though I am an `IT` guy and can do some programming I am willing to admit these guys are way more skilful than me. Short term I am going to make way more profit supporting VRC by holding than trying to improve on my own skills.

Hell if XC can do 500k then VRC is a three zero K coin in the making. If VRC adds encryption to VeriSend then it is already better than XC and CryptCoin!