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

[Reavon]

i wonder what chinese will do if they wake up and see vrc on mint (they wake up nearly arround 2 am london time right?)

[bittawm]

What is the difference between Darksend and Verisend?

also

what is the difference beteween nextcoin FORGING and Vericoin interest?

where does the interest come from? is it transaction fees like forging nextcoin

[saberu]

50k VRC buy wall on MP!

[senn001]

noob question.. guys do you sell your coins and buy back again?  how deep do you set it.. thanks..

[earlz]

Some stuff is going down on Mintpal...I think the secret is out!

There is no trust in alt coins because of too many scams. That is why in retrospect it would have made more sense to buy CRYPT first and capitalize on its rally before investing in VRC because CRYPT already had its anon function out and working. Though too late now to do so.

There probably is some smart person out there that bought XC early then sold at the peak then bought CRYPT early and sold over 100k then bought VRC. But it is not me, though I did buy XC early I held during the pump and didnt sell till it dropped to 100k. I also bought half my VRC at a really high price during the fontas pump (23k) and the other half at 8k. So I have made some really stupid mistakes but long term still looking good.

If anyone did go XC > CRYPT > VRC they will probably be holding a million VRC right now. And there are three wallets with over a million VRC so there you go  

You sure about that? CRYPT hasn't had anon. They have a paper with stick figures proposing it. Show me their anon implementation working :-D

How can anyone actually trust your closed source anonymous implementation? Ensuring secrets are kept safe is something that needs extensive details to properly prove.

Disclaimer: I have obvious stakes in another currency

[majsta]

noob question.. guys do you sell your coins and buy back again?  how deep do you set it.. thanks..

It depends on various things. For some time you just look at the market to understand what is going on. From 3000VRC I m now close to 7000VRC in short period of time. Those 3000 I buy for 0.03BTC and for now my best investment.

[ebliever]

Looking forward to the testing and results. But one qualm - what prevents other alts from easily copying these capabilities?

The VeriSend and VeriBit are not open source. Nobody else has our code.

We will release VeriSend API details but not VeriBit. That way there can be other mixing ringnodes that can be built based upon our framework so there is choice and openness with ANON but VeriBit is our own secret sauce and we won't be making it available for other coins.

Thanks! I can hold a bit easier now. 

[bit-coin.pt]

here we go again... by the MACD time to go up

[saberu]

A bunch of day traders are going to get caught `holding the bag` as they keep shorting these upward movements and once enough short bagholders are caught the price will rocket to 30k in minutes as the day traders cut their loss and buy back to catch the VRC train  

[senn001]

noob question.. guys do you sell your coins and buy back again?  how deep do you set it.. thanks..

It depends on various things. For some time you just look at the market to understand what is going on. From 3000VRC I m now close to 7000VRC in short period of time. Those 3000 I buy for 0.03BTC and for now my best investment.

Cool... I always end up loosing coins in this buy and sell.. fear is always on my mind.. because I'm always a victim of p&d....

[pnosker]

What is the difference between Darksend and Verisend?

also

what is the difference beteween nextcoin FORGING and Vericoin interest?

where does the interest come from? is it transaction fees like forging nextcoin

Darksend uses masternodes and required a hard fork to get right.

VeriSend uses ring nodes (similar in some ways but eternal mixing), anon via exchange, and anon via tx uncoupling as a hybrid super anonymous approach.

NextCoin forging is similar except VeriCoin interest not only awards transaction fees but also Proof of Stake block rewards.

Some stuff is going down on Mintpal...I think the secret is out!

There is no trust in alt coins because of too many scams. That is why in retrospect it would have made more sense to buy CRYPT first and capitalize on its rally before investing in VRC because CRYPT already had its anon function out and working. Though too late now to do so.

There probably is some smart person out there that bought XC early then sold at the peak then bought CRYPT early and sold over 100k then bought VRC. But it is not me, though I did buy XC early I held during the pump and didnt sell till it dropped to 100k. I also bought half my VRC at a really high price during the fontas pump (23k) and the other half at 8k. So I have made some really stupid mistakes but long term still looking good.

If anyone did go XC > CRYPT > VRC they will probably be holding a million VRC right now. And there are three wallets with over a million VRC so there you go 

You sure about that? CRYPT hasn't had anon. They have a paper with stick figures proposing it. Show me their anon implementation working :-D

How can anyone actually trust your closed source anonymous implementation? Ensuring secrets are kept safe is something that needs extensive details to properly prove.

Disclaimer: I have obvious stakes in another currency

Great question. They don't have to. That's why anyone can implement what we did for any coin without a hard fork and with enough work. We're going to be providing details on our mechanism so they can copy it if they want to. Centralization sucks, but if anyone can do it, it's not so "central" anymore.

[majsta]

noob question.. guys do you sell your coins and buy back again?  how deep do you set it.. thanks..

It depends on various things. For some time you just look at the market to understand what is going on. From 3000VRC I m now close to 7000VRC in short period of time. Those 3000 I buy for 0.03BTC and for now my best investment.

Cool... I always end up loosing coins in this buy and sell.. fear is always on my mind.. because I'm always a victim of p&d....

Use half of amount you have, check what was the highest and what was the lowest price then according to that place positions at near values and don't look at it every second, just leave it for a night.

[Uran0s]

It will stuck somewhere 16k...I think somewhere there will be new floor . However I have no idea why so low

[janbrel]

It will stuck somewhere 16k...I think somewhere there will be new floor . However I have no idea why so low

When bitcoin goes down in price all the alts seem to follow.

[vual]

went to bed at 11.....
had restless night, woke up at 6am....
PRICE WAS LIKE 18!!!!
Pitty i put sell order in at 145 before i went to sleep....
fucken thing filled

*facepalm*

[bit-coin.pt]

went to bed at 11.....
had restless night, woke up at 6am....
PRICE WAS LIKE 18!!!!
Pitty i put sell order in at 145 before i went to sleep....
fucken thing filled

*facepalm*

You said that would NEVER pass 15 right?... guess you're wrong! .... told you so!  

[vual]

went to bed at 11.....
had restless night, woke up at 6am....
PRICE WAS LIKE 18!!!!
Pitty i put sell order in at 145 before i went to sleep....
fucken thing filled

*facepalm*

You said that would NEVER pass 15 right?... guess you're wrong! .... told you so!  

I swear the whales seen my comment and pulled there walls lol

[HoodRich]

noob question.. guys do you sell your coins and buy back again?  how deep do you set it.. thanks..

It depends on various things. For some time you just look at the market to understand what is going on. From 3000VRC I m now close to 7000VRC in short period of time. Those 3000 I buy for 0.03BTC and for now my best investment.

Cool... I always end up loosing coins in this buy and sell.. fear is always on my mind.. because I'm always a victim of p&d....

That's because you can not time the market... it is due to group mentality. As soon as you get an impulse to buy or sell based on a "feeling" or perceived "pattern", everyone else does the same thing, BEAUSE THEY GET THE SAME IMPULSES. You can get lucky sometimes, but you will mostly lose. It is both math and human psychology that you are fighting against..

[pnosker]

VeriSend Beta is live: http://www.vericoin.info/verisend.html

Please read the instructions before use.

Report any bugs to me. Thanks!

[socal]

does anyone got an ETA on the NOMP update? I can NOT wait to get some stats and graphs on the multipool