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

[Jerfer]

Anyone else remember the status that Vericoin posted on Twitter around 7:30 AM CST yesterday, saying VeriBit would be released in 24 hours?

I went looking for that Tweet and found it in my history. The status has been deleted.

Does anyone know how to somehow get a deleted tweet? Surely it's stored somewhere. Here's a link to it: https://twitter.com/VeriCoin/status/481419108052140033

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[zsp]

Hey Pat,

 Don't fall for the FUDster trap...that is all!

I agree FUD is rampant and should not be followed blindly.

However, legit questions are not fud and should be addressed.  Addressed FUD ends up being the best support.

While I feel very silly and not very good about my actions that I have jumped into questioning the integrity of the team, still I fully agree with you. Such debate that gives opportunity for the devs to be transparent makes the vericoin initiative stronger and bring more and more investor into the process. The devs are very well educated professionals and it seems are very decent lads, they came cross as honest individuals and it seems to me nothing to be worry about their integrity. Good luck to them, they will build a multimillion $ infrastructure business on the coin which is quite sensible thing to do - anyone would do the same,  they will get their Lamborghini or whatever they fancy to get :-))  

[keshuker]

When you are in a hole, stop digging

Advice you should take.

Ok I will take this advice and shut up, was just trying to lay it all out what is going on here, so don't say you haven't been warned.

Everybody with reading comprehension can see how the lead dev is trying to explain his P&D crew as no biggie. Good luck

[Reavon]

At the day our devs. Will arrive at the Chicago Bitcoin Conference . There will be darkcoin , there will be Litecoin, there will be Dogecoin and there will be Bitcoin devs sayin:

WOW!!! Much rise. Good work!

Welcome to the darkside....

Nice job buddy !



and Bitcoin will say : ... i knew this moment would come....


100K for VeriCoin if not this month than in July , but it will happen. Holdin my top 200 Richlist wallet since 4 weeks now and willing to do it
for another 4 weeks unless VRC get its deserved Price.

[RJF]

Well, i just signed on to the coin today, bought a nice stake on MintPal on a recommendation from a friend since it looks like a winner then, I come here and find a surprising amount on animosity towards the Devs and FUD around ever corner...

I really thought this coin would be different considering the team's credentials and the professional manor I expected to see from the investors. And yes, you are all investors. Anyone who has mined, bought, traded or otherwise given over some value for VeriCoins is an investor.

Perhaps you all should take a step back and not be so worried about unsubstantiated rumors and shady "facts". It really hurts the value and future of the product if the investors spend their energy bashing the management who, as far as I can see at this point, are doing an outstanding job.

Do all the little things behind the scenes really matter in the long run as long as they are legal and carried out with good intention and, produce a positive result?

 Anyway, how about putting down the pitch forks and torches and getting back to the job at hand, promoting VeriCoin and bringing new features online...?


  

[drkman]

Here's a 3 phased idea to get VRC to reach 50k+ satoshi and more!  

1.  For everyone that owns Vericoin or is thinking of owning Vericoin, it is in all of our collective best interests to work together as a team.  It's not just Patrick and the Devs who are on Team Vericoin, it's all of us.  And together we can be EXTREMELY POWERFUL!  Right now the staking is working great with over 10million Vericoins staking.  This does a great job to help support the price because it removes selling supply from the exchanges.  I witnessed first hand how powerful drying up supply can be to raising a coins price when Darkcoin exploded higher for weeks after Evan created an incentive via Masternodes for people to remove Darkcoins from the exchanges and park them in Masternodes.  A similar effect can be done here simply by EVERY SINGLE ONE OF US STAKING ALL OF OUR COINS IN OUR WALLETS.  If the price goes up and you want to sell some, just send some over but if we always keep 100% of our coins in the wallets Staking, then WE ALL EARN MORE INTEREST and WE ALL BENEFIT BECAUSE WE MAKE THE PRICE GO UP!  Let's get the stake amount to 20million staked.  Then the VRC float would be tiny! But the Price would be HUGE!

2.  Secondly, all of us, and I mean ALL OF US, need to join  http://pool.vericoin.info/   the Vericoin multipool.  This pool is the critical demand support that when combined with drying up the supply will put the coin on a strong and steady upward path.  Any dips will be quickly bought back up and I think many do not realize the power we can have if Vericoin had a huge multipool always buying up the price.  We also get the added benefit that 1% of the fee goes directly towards making this coin as used as BTC.

3.  Lastly, let's clean house and sell all of our crap coins and then use those funds to add more VRC on every dip.  Vericoin is a long term coin for your future and you need to invest in it accordingly so.  This coin is only going to get bigger and bigger so make sure you have enough to not regret it later.

If we can do just 2 of those 3 things, I think 50k satoshi is very possible in the near term and a mkcap alongside Darkcoin possible by August.  If that happened, it would mean that every Vericoin we bought today, would be worth 10 times higher in August.  Sound good?  Then let's do it!  Patrick and Co have been doing their part to drive technology and demand to this coin and we need to get organized as a community and do our part.  

If we work together we can make this coin more successful than we can even imagine.

[pnosker]

VeriBit ninja launch time: http://www.vericoin.info/veribit.html

Don't share with Twitter yet, please. Sends over 0.15 are disabled until we finish load testing.

[zsp]

Here's a 3 phased idea to get VRC to reach 50k+ satoshi and more!  

1.  For everyone that owns Vericoin or is thinking of owning Vericoin, it is in all of our collective best interests to work together as a team.  It's not just Patrick and the Devs who are on Team Vericoin, it's all of us.  And together we can be EXTREMELY POWERFUL!  Right now the staking is working great with over 10million Vericoins staking.  This does a great job to help support the price because it removes selling supply from the exchanges.  I witnessed first hand how powerful drying up supply can be to raising a coins price when Darkcoin exploded higher for weeks after Evan created an incentive via Masternodes for people to remove Darkcoins from the exchanges and park them in Masternodes.  A similar effect can be done here simply by EVERY SINGLE ONE OF US STAKING ALL OF OUR COINS IN OUR WALLETS.  If the price goes up and you want to sell some, just send some over but if we always keep 100% of our coins in the wallets Staking, then WE ALL EARN MORE INTEREST and WE ALL BENEFIT BECAUSE WE MAKE THE PRICE GO UP!  Let's get the stake amount to 20million staked.  Then the VRC float would be tiny! But the Price would be HUGE!

2.  Secondly, all of us, and I mean ALL OF US, need to join  http://pool.vericoin.info/   the Vericoin multipool.  This pool is the critical demand support that when combined with drying up the supply will put the coin on a strong and steady upward path.  Any dips will be quickly bought back up and I think many do not realize the power we can have if Vericoin had a huge multipool always buying up the price.  We also get the added benefit that 1% of the fee goes directly towards making this coin as used as BTC.

3.  Lastly, let's clean house and sell all of our crap coins and then use those funds to add more VRC on every dip.  Vericoin is a long term coin for your future and you need to invest in it accordingly so.  This coin is only going to get bigger and bigger so make sure you have enough to not regret it later.

If we can do just 2 of those 3 things, I think 50k satoshi is very possible in the near term and a mkcap alongside Darkcoin possible by August.  If that happened, it would mean that every Vericoin we bought today, would be worth 10 times higher in August.  Sound good?  Then let's do it!  Patrick and Co have been doing their part to drive technology and demand to this coin and we need to get organized as a community and do our part.  

If we work together we can make this coin more successful than we can even imagine.

Sir, 

That's sounds excellent and thanks for organising the process.

1) OK lets staking and I am certainly doing that. The problem is if I understood correctly people like me and who listen you own the very minority of the coins. Investors and hobbyists stake as we speak. However, as we saw today whales are in control and dictate the price. The fact that currently only 13 million coins stake from the 26.7 million indicates to me that 14 million coins are in the hand of people who are not interested in the future of vericoin but in quick and easy money. So how are we going to fight against that 14 million coins? The whales can P&D bring down the coin any day (as we saw today).

3) what "mkcap" means ? :-)))

[socal]

I parked my 4.1 MH scrypt and 46 GH SHA-256 on pool.vericoin.info and have no plans on moving it off (except during the event of pool downtimes) love watching my wallet give me little popups that I got incoming VRC  

[socal]

mkcap = marketcap i believe

[zsp]

mkcap = marketcap i believe

Ah thanks, that make sense :-))

[pnosker]

Here's a 3 phased idea to get VRC to reach 50k+ satoshi and more!  

1.  For everyone that owns Vericoin or is thinking of owning Vericoin, it is in all of our collective best interests to work together as a team.  It's not just Patrick and the Devs who are on Team Vericoin, it's all of us.  And together we can be EXTREMELY POWERFUL!  Right now the staking is working great with over 10million Vericoins staking.  This does a great job to help support the price because it removes selling supply from the exchanges.  I witnessed first hand how powerful drying up supply can be to raising a coins price when Darkcoin exploded higher for weeks after Evan created an incentive via Masternodes for people to remove Darkcoins from the exchanges and park them in Masternodes.  A similar effect can be done here simply by EVERY SINGLE ONE OF US STAKING ALL OF OUR COINS IN OUR WALLETS.  If the price goes up and you want to sell some, just send some over but if we always keep 100% of our coins in the wallets Staking, then WE ALL EARN MORE INTEREST and WE ALL BENEFIT BECAUSE WE MAKE THE PRICE GO UP!  Let's get the stake amount to 20million staked.  Then the VRC float would be tiny! But the Price would be HUGE!

2.  Secondly, all of us, and I mean ALL OF US, need to join  http://pool.vericoin.info/   the Vericoin multipool.  This pool is the critical demand support that when combined with drying up the supply will put the coin on a strong and steady upward path.  Any dips will be quickly bought back up and I think many do not realize the power we can have if Vericoin had a huge multipool always buying up the price.  We also get the added benefit that 1% of the fee goes directly towards making this coin as used as BTC.

3.  Lastly, let's clean house and sell all of our crap coins and then use those funds to add more VRC on every dip.  Vericoin is a long term coin for your future and you need to invest in it accordingly so.  This coin is only going to get bigger and bigger so make sure you have enough to not regret it later.

If we can do just 2 of those 3 things, I think 50k satoshi is very possible in the near term and a mkcap alongside Darkcoin possible by August.  If that happened, it would mean that every Vericoin we bought today, would be worth 10 times higher in August.  Sound good?  Then let's do it!  Patrick and Co have been doing their part to drive technology and demand to this coin and we need to get organized as a community and do our part.  

If we work together we can make this coin more successful than we can even imagine.

Sir, 

That's sounds excellent and thanks for organising the process.

1) OK lets staking and I am certainly doing that. The problem is if I understood correctly people like me and who listen you own the very minority of the coins. Investors and hobbyists stake as we speak. However, as we saw today whales are in control and dictate the price. The fact that currently only 13 million coins stake from the 26.7 million indicates to me that 14 million coins are in the hand of people who are not interested in the future of vericoin but in quick and easy money. So how are we going to fight against that 14 million coins? The whales can P&D bring down the coin any day (as we saw today).

3) what "mkcap" means ? :-)))

It's not possible to stake all coin at once. Since 13M are staking, that means roughly 19M are in wallets and not on exchanges-- at the very least.

[Subtuppel]

It's not possible to stake all coin at once. Since 13M are staking, that means roughly 19M are in wallets and not on exchanges-- at the very least.

5.3 Million more coins than officially exist

[blizeH]

As long as you unlock your wallet you will generate interest.

Thank you very much, just to clarify then - I go to 'Encrypt wallet' and enter a passphrase, then once that's set, I 'Unlock Wallet' - basically the password is still set, but the wallet is unlocked to gain interest?

[pnosker]

As long as you unlock your wallet you will generate interest.

Thank you very much, just to clarify then - I go to 'Encrypt wallet' and enter a passphrase, then once that's set, I 'Unlock Wallet' - basically the password is still set, but the wallet is unlocked to gain interest?

That's right

[onsightit]

You can buy your VeriCoin using EUROs now!! https://www.litebit.eu/coin/vrc/en/

Excellent!

[blizeH]

Thank you very much pnosker

[onsightit]

I really like this coin.  Took me an hour-half to transfer btc to the exchange and it took less than 10 minutes to transfer/confirm vrc to my wallet!  Bitcoin is showing it's age...

[ScottAllyn]

It's not possible to stake all coin at once. Since 13M are staking, that means roughly 19M are in wallets and not on exchanges-- at the very least.

5.3 Million more coins than officially exist

Not exactly... What pnosker was saying is that, out of at least 19 million coins that may have been in wallets and not on the exchanges at that time, 13 million were staking; the rest were still maturing (or reserved). In my own case, at this very moment, less than half of the coins in my wallet are currently staking. The rest are still maturing and will stake once they're mature. By that time, the coins that are currently staking will be done and it will be their turn to mature again. I'll probably never see more than half of my coins staking at any one time.

[jobnotfound]

Staking my VRC and ditching the rest of my crud coins.

Let's see 50K Tonight! Go Team VRC!