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

[pratico]

Everyone loves a coin during the bubble phase -- during this phase, Dev's can do no wrong.  But wait till the bubble pops -- then no amount of innovation can stop all hell from breaking lose.

I have my popcorn ready for both phases.
http://www.sherv.net/cm/emoticons/eating/eating-popcorn-smiley-emoticon-1.gif

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[barabbas]

hahaha do you guys remember a few weeks ago when vericoin was in the 500-700 sat range. yes thats right 5-7 HUNDRED not thousand. And everyone was worrying and I came on here I was like wtf this coin is a good coin you guys are all crazy haha. read from pages 65-75 you will see what I was saying.

I bought 70,000 VRC lol. for .6 btc. Crazy right?

I sold them all, didn't keep any, i got them all out around 20k, but don't worry, I promise I won't FUD. I definitely regret selling, but whatever I made a lot of money, I guess that's what everyone wants right? I guess I can only be SO angry at myself.

Anyway, to those of you that still hold, and to those who bought in recently, best of luck to you!! This is a solid coin with lots of potential. All I want to do is warn you guys about wizfarm. He was involved in the bc debacle, and the cinni debacle...and I think we all realize the reason why bc and cinni price won't rise is because of the unfair distribution. To those of you who question wizfarms "deep pockets" and where he gets all that money from, bc and cinni are your answer. So I stay away from anything wizfarm is involved in and I wouldn't touch him with a 3987657 foot pole haha.

Miami - "A sunny place for shady people"

^I am from pembroke pines/ west palm beach area so I know what I am talking about haha

I've seen Wiz's wallet. He has less than I do, and all the developers combined hold less than 5% because of the rapid hashrate increases thanks to IPO miner. I wish I mined more... rented over 100 MH/s but didn't make me super hyper rich.

Anyway, there is no chance Wiz will dump this coin. The fact that he has devs he can speak to and know who they are seems to have changed his intentions. After all, who writes a 5 figure check for a months-long project to help the coin when they are going to dump it.

So how is he going to get his money back plus some profit? And that is not counting what he is going to have to spend in the party, which is several times that  50 figure amount? Perhaps there's some investment on the side via Black Hand? Of he is just a good samaritan throwing money to promote Vericoin with no possibility whatsoever to ever make any money even if Vericoin goes to 400k sat. Or even 4 MILLION sat? Is that what "he legitimately believes in the coin" means?

So altogether you, the 3 devs, have around 1 million coins and you haven't dumped any, is that what you are saying?

The 3 devs including me have less than 1 M coins. I just sold 2000 of them a few minutes ago at 43000 to pay the last two months hosting bill for the supernodes and dnsseeds.

Thank you for your answer.

And Joel then has  less than 200k coins (that you know of)? That would be roughly 90 BTC at current prices. That would indeed be a very long time investment if he ever expects to make his money back and then some profit, after paying probably as much as that for Bristol and the upcoming big party...
A lot of faith indeed.

Now, if, on the other hand, the Black Hand is guaranteeing the profits from the get go, the situation changes substantially, doesn't it?

[alwa1]

hahaha do you guys remember a few weeks ago when vericoin was in the 500-700 sat range. yes thats right 5-7 HUNDRED not thousand. And everyone was worrying and I came on here I was like wtf this coin is a good coin you guys are all crazy haha. read from pages 65-75 you will see what I was saying.

I bought 70,000 VRC lol. for .6 btc. Crazy right?

I sold them all, didn't keep any, i got them all out around 20k, but don't worry, I promise I won't FUD. I definitely regret selling, but whatever I made a lot of money, I guess that's what everyone wants right? I guess I can only be SO angry at myself.

Anyway, to those of you that still hold, and to those who bought in recently, best of luck to you!! This is a solid coin with lots of potential. All I want to do is warn you guys about wizfarm. He was involved in the bc debacle, and the cinni debacle...and I think we all realize the reason why bc and cinni price won't rise is because of the unfair distribution. To those of you who question wizfarms "deep pockets" and where he gets all that money from, bc and cinni are your answer. So I stay away from anything wizfarm is involved in and I wouldn't touch him with a 3987657 foot pole haha.

Miami - "A sunny place for shady people"

^I am from pembroke pines/ west palm beach area so I know what I am talking about haha

I've seen Wiz's wallet. He has less than I do, and all the developers combined hold less than 5% because of the rapid hashrate increases thanks to IPO miner. I wish I mined more... rented over 100 MH/s but didn't make me super hyper rich.

Anyway, there is no chance Wiz will dump this coin. The fact that he has devs he can speak to and know who they are seems to have changed his intentions. After all, who writes a 5 figure check for a months-long project to help the coin when they are going to dump it.

So how is he going to get his money back plus some profit? And that is not counting what he is going to have to spend in the party, which is several times that  50 figure amount? Perhaps there's some investment on the side via Black Hand? Of he is just a good samaritan throwing money to promote Vericoin with no possibility whatsoever to ever make any money even if Vericoin goes to 400k sat. Or even 4 MILLION sat? Is that what "he legitimately believes in the coin" means?

So altogether you, the 3 devs, have around 1 million coins and you haven't dumped any, is that what you are saying?

The 3 devs including me have less than 1 M coins. I just sold 2000 of them a few minutes ago at 43000 to pay the last two months hosting bill for the supernodes and dnsseeds.

Thank you for your answer.

And Joel then has  less than 200k coins (that you know of)? That would be roughly 90 BTC at current prices. That would indeed be a very long time investment if he ever expects to make his money back and then some profit, after paying probably as much as that for Bristol and the upcoming big party...
A lot of faith indeed.

Now, if, on the other hand, the Black Hand is guaranteeing the profits from the get go, the situation changes substantially, doesn't it?

Scammers opinion does not count 

[Auna]

YES! I haven't been around here today and what a wonderful surprise the price is over 40k sat! UP WE GO!

[Bitcycle]

Wait, buying VRC with credit cards???

How will this avoid the chargeback problem that plagues crypto purchases with credit cards?

There's a reason you can't buy BTC with credit cards, and it ain't cause no one 'innovated' it.

[barabbas]

The 3 devs including me have less than 1 M coins. I just sold 2000 of them a few minutes ago at 43000 to pay the last two months hosting bill for the supernodes and dnsseeds.

And this, by the way, if true is very good for the coin and very good for crypto and I commend you for such transparency. Why not even mentioning it in the hangout. It deserves  showcasing, in fact.

Thanks again for it.

Praise where praise is indeed due.

As for Joel's abilities, talent and clean purposes, some of us will believe in them after months if not years after delivery or when hell freezes over, whichever comes first.

[PositivelyInsane]

The 3 devs including me have less than 1 M coins. I just sold 2000 of them a few minutes ago at 43000 to pay the last two months hosting bill for the supernodes and dnsseeds.

And this, by the way, if true is very good for the coin and very good for crypto and I commend you for such transparency. Why not even mentioning it in the hangout. It deserves  showcasing, in fact.

Thanks again for if.

Praise where praise is indeed due.

As for Joel's abilities, talent and clean purposes, some of us will believe in them after months if not years after delivery or when hell freezes over, whichever comes first.

barrabas,, just curious.. why barabbas?.. from barabbas, hestas, judas??? just curious

[sdmathis]

hahaha do you guys remember a few weeks ago when vericoin was in the 500-700 sat range. yes thats right 5-7 HUNDRED not thousand. And everyone was worrying and I came on here I was like wtf this coin is a good coin you guys are all crazy haha. read from pages 65-75 you will see what I was saying.

I bought 70,000 VRC lol. for .6 btc. Crazy right?

I sold them all, didn't keep any, i got them all out around 20k, but don't worry, I promise I won't FUD. I definitely regret selling, but whatever I made a lot of money, I guess that's what everyone wants right? I guess I can only be SO angry at myself.

Anyway, to those of you that still hold, and to those who bought in recently, best of luck to you!! This is a solid coin with lots of potential. All I want to do is warn you guys about wizfarm. He was involved in the bc debacle, and the cinni debacle...and I think we all realize the reason why bc and cinni price won't rise is because of the unfair distribution. To those of you who question wizfarms "deep pockets" and where he gets all that money from, bc and cinni are your answer. So I stay away from anything wizfarm is involved in and I wouldn't touch him with a 3987657 foot pole haha.

Miami - "A sunny place for shady people"

^I am from pembroke pines/ west palm beach area so I know what I am talking about haha

"Better to remain silent and be thought a fool than to speak out and remove all doubt."

Abraham Lincoln

http://www.brainyquote.com/quotes/quotes/a/abrahamlin109276.html

If you weren't a dev of vericoin that quote would have a lot more weight in this particular situation.

great quote though

sdmathis is not a dev of VeriCoin. He's just a very excited member of the community and appointed community manager because he tweets a lot .

Thank you for the correction. Dev, community manager, large holder, whatever, you understand my point.

I'm sick of trolls knocking our devs, I'm sick of trolls knocking our investors, and I'm sick of trolls knocking our supporters. Especially when those trolls have no idea what they are talking about.

[virtualfaqs]

No, I mean you will be able to buy VRC directly using your credit card.

Wow! How in the world will you bet able to set this up given the credit card fraud? Not that it's the user problem. I'm just curious how that will work. Coinbase has a very extensive security process. Will Vericoin be the same way? And will this be decentralized and automated?

Wait, buying VRC with credit cards???

How will this avoid the chargeback problem that plagues crypto purchases with credit cards?

There's a reason you can't buy BTC with credit cards, and it ain't cause no one 'innovated' it.

I said the same thing! If this is an automated process with quick turn around time. That would be amazing. Figured if there was a solution someone would have thought of it.

[sdmathis]

As for Joel's abilities, talent and clean purposes, some of us will believe in them after months if not years after delivery or when hell freezes over, whichever comes first.

How ironic.

[buy4crypto]

So, 1 faucet is active right now. We could use some more VeriCoin faucets to improve wallet count and the size of community.

Anyone with any good faucets please post them so we will link to you from FreeVeriCoin.com

[barabbas]

As for Joel's abilities, talent and clean purposes, some of us will believe in them after months if not years after delivery or when hell freezes over, whichever comes first.

How ironic.

Don't flatter yourself boy, you lack capacity and minimal basic intelligence to detect irony.

[damiano]

I don't understand the price of this coin?  Why is it so high?  There are plenty of other coins that are superior to it that have a smaller market cap

[Vinculin]

I don't understand the price of this coin?  Why is it so high?  There are plenty of other coins that are superior to it that have a smaller market cap

like i don't understand why the price of darkcoin would be so high. Man this is crypto world

[Auna]

I don't understand the price of this coin?  Why is it so high?  There are plenty of other coins that are superior to it that have a smaller market cap

There's no any superior coins compared to this! Plus imo the price is still very low... Multiply it by 10 and we are on the right track!

[damiano]

I don't understand the price of this coin?  Why is it so high?  There are plenty of other coins that are superior to it that have a smaller market cap

like i don't understand why the price of darkcoin would be so high. Man this is crypto world

Looks like a bubble to me.  I can speed the process up by buying 20k (I tend to buy at bad times right before pop)

 

[barabbas]

I don't understand the price of this coin?  Why is it so high?  There are plenty of other coins that are superior to it that have a smaller market cap

Would you kindly enough explain the "superiority" of other coins with respect to Vericoin?

As for the price being high, the coin is being pumped and dumped at the moment by the Black Hand, an organized group rather infamous. Besides that, it is the first coin in cryptoland where the three developers have come forward with their real names, one of them a current programmer at one of the Microsoft's divisions. Logically that "first", along with the perceived qualities present and upcoming, have put a stamp of all around quality quite uncommon in the world of alts.

[damiano]

I don't understand the price of this coin?  Why is it so high?  There are plenty of other coins that are superior to it that have a smaller market cap

There's no any superior coins compared to this! Plus imo the price is still very low... Multiply it by 10 and we are on the right track!

Bitcoin is superior. 

[Auna]

I don't understand the price of this coin?  Why is it so high?  There are plenty of other coins that are superior to it that have a smaller market cap

There's no any superior coins compared to this! Plus imo the price is still very low... Multiply it by 10 and we are on the right track!

Bitcoin is superior. 

It is not. It's just the first coin there was That's why we are trading everything for btc right?

[pnosker]

1. "essentially inactive developer" - right there that showed me you don't know what you are talking about. Check RAT4's github account you will see over 3000 commits for bc, most coins get 20-50.

2. If you have been in crypto that long you should know how possible (and likely) it is that someone may show just one of their wallets.

3. "I'm not giving anything to him" Of course not. But You bought vericoin, and IF he has a lot of control over the coin, you are technically, inadvertently, giving him your btc. note that I said IF

I have the utmost respect for Rat4. I meant inactive as in on the forums/no twitter/etc. Please don't confuse my statement with disrespect. I even sent him 5000 of my own VeriCoin.