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

[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!

[hitchcoin]

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!

I will be staking by the end of this week - 450k !

[testbug]

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!

I will be staking by the end of this week - 450k !

That's a nice amount of VRC man, you are a rich guy :-)

[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

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.

thanks, i did not really expect some secret premine or wanted to spread FUD (hence the smiley) but it sounded like a mistake to me (not a native speaker and late night does not help...).

was just reading here and had a wtf moment... although i will never buy as long as wizfag is promoting this i have to take a look what "the others" do every now and then, especially when some P&D is going on

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

yeah very likely with the bagholders "you" created earlier

[hitchcoin]

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!

I will be staking by the end of this week - 450k !

That's a nice amount of VRC man, you are a rich guy :-)

Sorry, that did sound a bit cocky. I guess VRC made me "rich", now its time to do something back for THE community. Lets start staking.

[buy4crypto]

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!

I will be staking by the end of this week - 450k !

That's a nice amount of VRC man, you are a rich guy :-)

Sorry, that did sound a bit cocky. I guess VRC made me "rich", now its time to do something back for THE community. Lets start staking.

Support the many development efforts going around in the community. They just said the official VRC fund went dry. That would be a good place to start.

Not sure if the Verifund is where they are collecting money for that but the address listed on the official http://www.vericoin.info/verifund.html is the vericoin address below. They also take bitcoin donations.

VTHZfUg11wEJmSgBLUcmCKGYekuqFcGHQq

[barabbas]

...

Are you using Mac?

Yes

The Mac wallet has a bug where it tries to generate interest too often. You're still getting the right amount, it's just going to make some unconfirmed ones too. We're looking into it.

Our association with BlackHand is that BlackHand owns some VeriCoin. I'm not sure what the problem is. What should I do? Hard fork and block their addresses? Are you serious?

Isn't Wizfarm a part of this group? Did he not have a very large influence so far on the development of Vericoin? Did he not fund the tldr; deal? Did he not fund the Veribit buffer?

So much for transparency and telling the truth

I don't know the intricacies of Black Hand or Wiz, but I do know Wiz donated his personal money into a long term project (funding a PR agency and Chris Pirillo) which he wouldn't have done if he was trying to pump and dump.

Wiz and the rest have no say whatsoever about the development of the coin and they don't have access to the sourcecode, website, etc. They are free to promote and buy whatever coin they choose to. Wiz is doing a good job promoting the coin. That's what it is. He is not influencing the development of VeriCoin. He did not fund the VeriBit buffer.

As I posted on THE WALL OF SHAME, confirmation, on every regard, has come quickly enough. The Black Hand has used the exact same footprint and "modus operandi" already in Vericoin as they used -and continue using- in Blackcoin. Blackcoin is actually more or less done for averyone knows by know the money will eventually be squeezed from them fully, little bits at a time, all the way to the end. But The Black Hand has made a killing in BC and, obviously, is branching out. Vericoin is, of course, a new field where they envision similar profits or even higher than those they reaped on Blackcoin.

Patrick, I know you have read everything I have written about The Black Hand. I know you are not ignorant. And I know that you know, in the real world, this kind of behavior sends you to jail, despite any claims you may propose of ignorance as to their motives and actual involvement. Let me put it to you in plain English so you cannot keep on pretending to not understand: It is perfectly ok, and unavoidable, that The Black Hand or any other organized groups, would attempt to manipulate the market of Vericoin. Nothing, really that you can -or should- do about it. The problem is that you are PART AND PARCEL of the scheme by allowing them not just co-operation but full access to inside information. If Joel Bosch "helps" you broker a deal with a PR firm, you surely know that he helped, similarly, broker the deal with Blackcoin/Morituri13/Dognip for the PR firm also. And you know, because you have read, the specific and quite detailed charges made on not just that but overall Bosch's and Morituri13/dognip implications. By accepting their "brokerage" you are, in fact, sanctioning The Black Hand's access to inside information in Vericoin, exactly the opposite of what a new, promising coin with a clean reputation, should be doing which is rejecting ANY and ALL relationship with a coin, and organized crime group and some shady specific individuals whose antics have been detailed widely all over these forums, including the first, unmoderated one of them. Same thing applies to the "little game" you share with Yevgeniy and StGNU.

In other words Patrick, tempting as it obviously is -and quite profitable your dumping of last night-, you cannot handle shit and pretend to avoid the stink.

Of course for so many investors in Vericoin the rush of last night would be like a drug they just cannot leave in hopes for a repeat so they will be the ones dumping near the top rather than being left holding the bag, like it already happened. Well, up to you gents, but be aware that you are playing with the bulls now, swimming with the sharks. And you WILL get the horns.

What a shameful pity, only made worse by the clumsy and absurd attempts at denial...

Added: And now, get ready for the full Black Hand croonies army starting with the ad hominens to dilute the potential effects. Bring it on!