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

[Bitcycle]

HA! 62Bitcoin sale soon as XMR hit mintpal of XMR on poloniex. and a 65 bitcoin sale of vrz on mintpal. I wonder if that is same person, btc amounts where very similar. Maybe, weird.

It's a smart move, dump into the hordes of moon-dreamers. 

I think the days of giant increases for coins on mintpal may be over.  Let's see how Monero is doing in 24 hours, will tell us a lot.

[buy4crypto]

HA! 62Bitcoin sale soon as XMR hit mintpal of XMR on poloniex. and a 65 bitcoin sale of vrz on mintpal. I wonder if that is same person, btc amounts where very similar. Maybe, weird.

It's a smart move, dump into the hordes of moon-dreamers.  

I think the days of giant increases for coins on mintpal may be over.  Let's see how Monero is doing in 24 hours, will tell us a lot.

Yeah I like Monero coin as well as a tech / team, but for the short term the coins moving to mintpal hurt the momentum here.

Now that the Monero pump is here they will soon lose attention and look to all we have going on, I imagine the sell buy on the rumor, sell on the news croud will start flowing here in anticipation of the events this week.

[Fippy]

If you want a really good indicator of the future of this coin, look at how much the network stake has increased in the last 48 hours. People are picking up Vericoin for a long term investment, not a play-the-swings exchange pump.

The available supply on exchanges is dwindling pretty rapidly. More people are becoming aware of Vericoin and it's potential. The equation becomes pretty self explanatory fairly fast.

[pnosker]

VeriBit was just sent out to donors. If you want to test VeriBit early, please donate to our trip fund: https://www.startjoin.com/vericoin_nambtc

[onsightit]

How do we make this coin irresistible to miners? If we want to take litecoins top spot don't we need the hashing power?

Right now, the mining pool is the biggest drawback for VRC.  Very few frills and not enough stats that miners are accustomed to:  Pool stats, user stats, shares earned, etc.  I may be wrong, but I believe that pool.vericoin.info is simply mining other altcoins and converting them to VRC.  (Correct me if I'm wrong.)  If that's the case, I realyl have no incentive to mine there.  I could just mine DRK and convert it myself.  Or, LTC.

[MAD945]

How do we make this coin irresistible to miners? If we want to take litecoins top spot don't we need the hashing power?

Right now, the mining pool is the biggest drawback for VRC.  Very few frills and not enough stats that miners are accustomed to:  Pool stats, user stats, shares earned, etc.  I may be wrong, but I believe that pool.vericoin.info is simply mining other altcoins and converting them to VRC.  (Correct me if I'm wrong.)  If that's the case, I realyl have no incentive to mine there.  I could just mine DRK and convert it myself.  Or, LTC.

Guys how can we incentivize veri for miners? We need veri to be well rounded for it to succeed!

[Nathonas]

Sold +50K VRC for 0,4 BTC a month ago 

Poor decision, this coin has as much potential as Monero, which is up to 0.01 almost. It is still dirt cheap right now, I'd imagine Veri price by end of year to hover around 0.01 if the Devs continue being as active.

[amirmass]

like this coin, i think the price is going to move in a huge uptrend, heading 0.003-0.004 btc

[Bitcycle]

like this coin, i think the price is going to move in a huge uptrend, heading 0.003-0.004 btc

This is the one coin I hold that I never consider selling.  It's a buy and hold.

[kleineaap]

How do we make this coin irresistible to miners? If we want to take litecoins top spot don't we need the hashing power?

Right now, the mining pool is the biggest drawback for VRC.  Very few frills and not enough stats that miners are accustomed to:  Pool stats, user stats, shares earned, etc.  I may be wrong, but I believe that pool.vericoin.info is simply mining other altcoins and converting them to VRC.  (Correct me if I'm wrong.)  If that's the case, I realyl have no incentive to mine there.  I could just mine DRK and convert it myself.  Or, LTC.

That's the point of the (multi)pool. PoW ended, lasted only 14days.

[buy4crypto]

Anyone tried out veribit yet? How fast is it? I would love to make bitcoin payments with 1/10 the time to confirm!

[Etanllah]

How do we make this coin irresistible to miners? If we want to take litecoins top spot don't we need the hashing power?

Right now, the mining pool is the biggest drawback for VRC.  Very few frills and not enough stats that miners are accustomed to:  Pool stats, user stats, shares earned, etc.  I may be wrong, but I believe that pool.vericoin.info is simply mining other altcoins and converting them to VRC.  (Correct me if I'm wrong.)  If that's the case, I realyl have no incentive to mine there.  I could just mine DRK and convert it myself.  Or, LTC.

That's the point of the (multi)pool. PoW ended, lasted only 14days.

I have mined X11 for 8 hours twice (so a total of 16 hours) and Sha256 for 8 hours and have yet to receive a single VRC from the pool. How are others finding the profitability?

[ssmc2]

Looks like a nice little pennant forming. Perhaps an upward breakout in a few hours?

[criptix]

Looks like a nice little pennant forming. Perhaps an upward breakout in a few hours?

where are u seeing it?

[buy4crypto]

Looks like a nice little pennant forming. Perhaps an upward breakout in a few hours?

The sell volume dried up under 1900, A sell order of almost 10 btc got ate away lil by little with plenty of time to cause a panic, no such luck.

The week hands are almost done here and the 1 hr candles continually show bid support building till a breakout occurs followed by consolidation. Pretty powerful move so far, a small break is not bad, the march higher resumes shortly in my opinion as well.

Lol as im typing this a nice buy order took away a lot of resistance levels. They will build back up, but bid support should take us over .00019 and back to test / hold hopefully the key 0.0002 lvl to base for next leg up.

[ssmc2]

Looks like a nice little pennant forming. Perhaps an upward breakout in a few hours?

where are u seeing it?

https://bitcoinwisdom.com/markets/mintpal/vrcbtc

[onsightit]

How do we make this coin irresistible to miners? If we want to take litecoins top spot don't we need the hashing power?

Right now, the mining pool is the biggest drawback for VRC.  Very few frills and not enough stats that miners are accustomed to:  Pool stats, user stats, shares earned, etc.  I may be wrong, but I believe that pool.vericoin.info is simply mining other altcoins and converting them to VRC.  (Correct me if I'm wrong.)  If that's the case, I realyl have no incentive to mine there.  I could just mine DRK and convert it myself.  Or, LTC.

That's the point of the (multi)pool. PoW ended, lasted only 14days.

I have mined X11 for 8 hours twice (so a total of 16 hours) and Sha256 for 8 hours and have yet to receive a single VRC from the pool. How are others finding the profitability?

I've been mining for a few days there (frustratingly mining in the dark).  The VRC trickels in every hour.  But like I said, without stats, I have no idea how effective I am versus just mining another coin and converting it.  Plus, there's a 2.5% mining fee.  I can do better...

[IsabellaA]

i am not impressed by the stakereward formula. 

[bit-coin.pt]

Hello again, haven't been active her in the forum for the last days... have been mostly on twitter and facebook promoting VeriCoin

So today I've created one group on Facebook for VeriCoin called - VeriCoin International -> https://www.facebook.com/groups/vericoin.international/ and I would like to invite all the community to join it. It's sort of the oficial group for VeriCoin with Patrick Nosker as an admin and not some shady facebook group. The goal is to become the largest facebook for VeriCoin where the community can share all the stuff related to Vericoin.

So here's the link again and join us, share it and promote the group! Let's make this happen guys!

https://www.facebook.com/groups/vericoin.international/

[socal]

How do we make this coin irresistible to miners? If we want to take litecoins top spot don't we need the hashing power?

Right now, the mining pool is the biggest drawback for VRC.  Very few frills and not enough stats that miners are accustomed to:  Pool stats, user stats, shares earned, etc.  I may be wrong, but I believe that pool.vericoin.info is simply mining other altcoins and converting them to VRC.  (Correct me if I'm wrong.)  If that's the case, I realyl have no incentive to mine there.  I could just mine DRK and convert it myself.  Or, LTC.

That's the point of the (multi)pool. PoW ended, lasted only 14days.

I have mined X11 for 8 hours twice (so a total of 16 hours) and Sha256 for 8 hours and have yet to receive a single VRC from the pool. How are others finding the profitability?

I've been mining for a few days there (frustratingly mining in the dark).  The VRC trickels in every hour.  But like I said, without stats, I have no idea how effective I am versus just mining another coin and converting it.  Plus, there's a 2.5% mining fee.  I can do better...

If I am not mistaken stats for the Multipool are going to be implemented when the new NOMP update comes out, Also there is a seperate project going on that will address all issues of the multipool. I can say nothing more at this time