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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1355767 times)
patronis
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June 29, 2014, 01:15:50 PM
 #5301

Quote
I'm new around here so I probably missed the hype that has ppl in an uproar about this new wallet, but aren't we talking about a coin that's only a month and a half old here?! It's unfortunate that the target was missed but it's not like this is a deadline that was going to make or break the coin. If it happened habitually that'd be one thing, but once in a rare while is completely understandable, particularly since for most of us, cryptocurrency isn't our first job.

THe whole point is that there is no real FUD just children bought in during yesterdays pump and now waiting for the wallet release so the price goes up , so they can cash out and make couple bucks , fuders dont care about development or inovation , most of them ride the hype wave and yes most of them loose because they get too greedy. So thats why they travel from tread to tread and bitch around and blame other for there lost.
buy4crypto
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June 29, 2014, 01:17:17 PM
 #5302

I'm new around here so I probably missed the hype that has ppl in an uproar about this new wallet, but aren't we talking about a coin that's only a month and a half old here?! It's unfortunate that the target was missed but it's not like this is a deadline that was going to make or break the coin. If it happened habitually that'd be one thing, but once in a rare while is completely understandable, particularly since for most of us, cryptocurrency isn't our first job.

Throughout the day not a shred of doubt it would be done. And then it was not. That is the only issue.

IMO Developers could to air on the side of caution rather than telling everyone its going to be out x day and then no word until the deadline passes. All day yesterday people on twitter had the chance to temper down expectations. Instead, they kept getting increased.

The roadmap said these would be released before if all work was done. So, all the hype that went into it, and not 1 bit of a heads up things might not be released that day. I mean why not come out and say, issues are happening, our devs could really use the extra 24 hours to put out a premium wallet.

Trust is very important in the crypto community.

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xCryptoManiaX
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June 29, 2014, 01:21:22 PM
 #5303

Quote
I'm new around here so I probably missed the hype that has ppl in an uproar about this new wallet, but aren't we talking about a coin that's only a month and a half old here?! It's unfortunate that the target was missed but it's not like this is a deadline that was going to make or break the coin. If it happened habitually that'd be one thing, but once in a rare while is completely understandable, particularly since for most of us, cryptocurrency isn't our first job.

THe whole point is that there is no real FUD just children bought in during yesterdays pump and now waiting for the wallet release so the price goes up , so they can cash out and make couple bucks , fuders dont care about development or inovation , most of them ride the hype wave and yes most of them loose because they get too greedy. So thats why they travel from tread to tread and bitch around and blame other for there lost.

is this meant to be ironic?

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June 29, 2014, 01:25:03 PM
 #5304

SHIT JUST GOT REAL     https://twitter.com/Cody772772/status/483235518566920192

 Shocked
Rekatan
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June 29, 2014, 01:36:01 PM
 #5305

I'm new around here so I probably missed the hype that has ppl in an uproar about this new wallet, but aren't we talking about a coin that's only a month and a half old here?! It's unfortunate that the target was missed but it's not like this is a deadline that was going to make or break the coin. If it happened habitually that'd be one thing, but once in a rare while is completely understandable, particularly since for most of us, cryptocurrency isn't our first job.

Throughout the day not a shred of doubt it would be done. And then it was not. That is the only issue.

IMO Developers could to air on the side of caution rather than telling everyone its going to be out x day and then no word until the deadline passes. All day yesterday people on twitter had the chance to temper down expectations. Instead, they kept getting increased.

The roadmap said these would be released before if all work was done. So, all the hype that went into it, and not 1 bit of a heads up things might not be released that day. I mean why not come out and say, issues are happening, our devs could really use the extra 24 hours to put out a premium wallet.

Trust is very important in the crypto community.

I think we've all been bitten too often by scam coins to the point of becoming paranoid. Vericoin development's track record has been very good thus far. I got in late solely because I was seeing a lot of "too good to be true" but even I was sold on it. I think the least we can do is give them a bit of latitude with one missed target and some undercommunicating. Those issues can easily be corrected in the future.

Obviously though, if a month from now, the wallet still has never been released, I'll be singing a different tune, but that's a whole different problem by that point.
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June 29, 2014, 01:46:11 PM
 #5306

How do I know if my coins are staking?  I've had some in my wallet for over a day now but nothing showing in the "Stake"...

leckey
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June 29, 2014, 01:47:16 PM
 #5307

How do I know if my coins are staking?  I've had some in my wallet for over a day now but nothing showing in the "Stake"...

Hover over the blue VeriCoin logo in the status bar on the bottom right, it'll give you the staking info.

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June 29, 2014, 01:52:54 PM
 #5308

How do I know if my coins are staking?  I've had some in my wallet for over a day now but nothing showing in the "Stake"...

In the lower right corner, you'll see the vericoin logo. If you mouse over it you'll be able to see whether your staking, and if not, why. More than likely you aren't if you encrypted your wallet or just recently deposited - you need to hold for 8 hours and need to have the wallet unlocked.

You won't see anything in the Stake section until an interest payout actually occurs.
onsightit
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June 29, 2014, 01:53:09 PM
 #5309

"why i am mining and no payments yet?" (half day mining )
maybe coz it pays once every 24h like almost all the other multipools converting the payout from btc to other alts?

That is incorrect, and the FAQ on VeriCoinSupport.com is incorrect as well.  Payments are roughly every hour AFTER the first VRC has been "mined".

Whoever is doing the FAQ needs to go through this forum and dig out the correct answers or just take it down.

Ps: Search my posts related to mining. Most of my information has been from Pat, but I do not guarantee it's accuracy.  I've had to deduce alot...

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
buy4crypto
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June 29, 2014, 01:55:20 PM
 #5310

I'm new around here so I probably missed the hype that has ppl in an uproar about this new wallet, but aren't we talking about a coin that's only a month and a half old here?! It's unfortunate that the target was missed but it's not like this is a deadline that was going to make or break the coin. If it happened habitually that'd be one thing, but once in a rare while is completely understandable, particularly since for most of us, cryptocurrency isn't our first job.

Throughout the day not a shred of doubt it would be done. And then it was not. That is the only issue.

IMO Developers could to air on the side of caution rather than telling everyone its going to be out x day and then no word until the deadline passes. All day yesterday people on twitter had the chance to temper down expectations. Instead, they kept getting increased.

The roadmap said these would be released before if all work was done. So, all the hype that went into it, and not 1 bit of a heads up things might not be released that day. I mean why not come out and say, issues are happening, our devs could really use the extra 24 hours to put out a premium wallet.

Trust is very important in the crypto community.

I think we've all been bitten too often by scam coins to the point of becoming paranoid. Vericoin development's track record has been very good thus far. I got in late solely because I was seeing a lot of "too good to be true" but even I was sold on it. I think the least we can do is give them a bit of latitude with one missed target and some undercommunicating. Those issues can easily be corrected in the future.

Obviously though, if a month from now, the wallet still has never been released, I'll be singing a different tune, but that's a whole different problem by that point.

You know, you are probably right. A majority of people, probably those from the penny stock community have a fair bit of skepticism. Usually when something is to good to be true it is.

Thats why words scare me so much. It actually turns me off if I would be trading this right now.

Actions at the end of the day are ALL that matter.

Release the features, and then talk about it is the way I would want to do it if I had a really innovative product. The more time you talk about, and not do it gives the competition time to beat you to market.

As of now we have words. And no features in a wallet. Now do I believe its not coming or you all been scammed? Not in the least. I got a lot of intellectual property in this coin that I am not going anywhere soon. What I do believe is now others are competing to put out similar products. Any further delays could see us being second to market, which would be a disaster at this point considering we could have kept quite and done this under the radar while others went on oblivious to the awesome things happening.

Just think about it. Rely on actions, not words my friends. Today is a big day!

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buy4crypto
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June 29, 2014, 01:59:24 PM
 #5311

"why i am mining and no payments yet?" (half day mining )
maybe coz it pays once every 24h like almost all the other multipools converting the payout from btc to other alts?

That is incorrect, and the FAQ on VeriCoinSupport.com is incorrect as well.  Payments are roughly every hour AFTER the first VRC has been "mined".

Whoever is doing the FAQ needs to go through this forum and dig out the correct answers or just take it down.


Someone just said a day in forum to the question. I updated the F.A.Q with the correct answer. ty for correcting me.

Also, if you, or anyone else can think of good, relevant questions, with the correct answers I can update the F.A.Q with a lot more info today. As we speak I am moving it to a new theme and working on making that website more functional.


If anyone wants to send me a few VRC so I can try services for myself Smiley I'm here for the tech. Trying to create something in the next few years that will bring crypto to the next level. The only crypto currency I own currently is 1.00025 VRC that I got from a donation, and faucet Smiley

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June 29, 2014, 02:22:57 PM
Last edit: June 29, 2014, 02:48:46 PM by onsightit
 #5312

Question for the devs:  Someone brought up a good point in the Google hangouts (I think) comments.  If veribit has to exchange vrc for btc, how can vericoin purchases be any faster than bitcoin?  The solution (if you have not already thought of it, and I'm sure you have) would be to use the VeriFund to pre-auth the transaction within seconds (fewer confirms?), and then the transaction slogs through the bitcoin network as per normal.  Is this the case?  If so, it should be made public knowledge to quench some of the fud out there.  If it's not the case, feel free to use the idea.

EDIT:
Also, I am still concerned about the 2 VRC (now 1 VRC) transaction fee.  I think for VeriBit to be accepted, the fee should be a percentage of the transaction value. I'd pay 1% up to a max of 1 VRC per transaction.  Like I mentioned earlier, if VRC is at 0.25 BTC and BTC is at $1000 USD, no one will use VeriBit.  Until VeriCoin is accepted natively, this seems like a fair fee to pay for the convenience.

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
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June 29, 2014, 02:23:19 PM
 #5313

Hello Community!
 -I'm brand new here, but I have read numerous member's concerns here and elsewhere regarding the silver physical Vericoins, and I just wanted to paste this in here- (I bought mine yesterday)



Taken from the StartJOIN website:   https://www.startjoin.com/updates/project/physvericoin

Thanks to everyone for all the work you put into this (and other) forums- this has helped me stay informed, but alas, I feel I should join in, though I will admit that I really doubt I will contribute anything usefull for some time! Veri NOOB, I have so much to learn.

buy4crypto
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June 29, 2014, 02:24:46 PM
 #5314

Hello Community!
 -I'm brand new here, but I have read numerous member's concerns here and elsewhere regarding the silver physical Vericoins, and I just wanted to paste this in here- (I bought mine yesterday)



Taken from the StartJOIN website:   https://www.startjoin.com/updates/project/physvericoin

Thanks to everyone for all the work you put into this (and other) forums- this has helped me stay informed, but alas, I feel I should join in, though I will admit that I really doubt I will contribute anything usefull for some time! Veri NOOB, I have so much to learn.



Welcome! The community is pretty helpful here, If you have questions or anything make a post and someone, often times a developer will respond to your concern.

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June 29, 2014, 02:54:41 PM
 #5315

No one has to worry anything about the Vericoins, silver coin, the guy behind the startup who is making the coins is a solid member of vericoin and in the real world.

The guy will  deliver on time and not only that, he is going to over deliver with extra perks for those who bought the first batch.

I certainly could not be happier with my purchase and will show my nice silver coin off all over the place when it arrives.
Also, i noticed a big wallet  that was taken from twitter i think, thats where i posted it.

The guy has over 700k Vericoins and is building on them, this my friends, is a clear indication of the things to come.  This guy would of sold if he had the faintest doubts over what is being planned.

But quite the opposite, that guy who owns those coins know he is going to be a multi-millionaire by the  end of the year or most likely sooner.

The wallet will soon be released and there will be more big buys, right now VRC is only 47k sats...  this will look like a great bargain in a few days from now!
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June 29, 2014, 03:02:47 PM
 #5316

No one has to worry anything about the Vericoins, silver coin, the guy behind the startup who is making the coins is a solid member of vericoin and in the real world.

The guy will  deliver on time and not only that, he is going to over deliver with extra perks for those who bought the first batch.

I certainly could not be happier with my purchase and will show my nice silver coin off all over the place when it arrives.
Also, i noticed a big wallet  that was taken from twitter i think, thats where i posted it.

The guy has over 700k Vericoins and is building on them, this my friends, is a clear indication of the things to come.  This guy would of sold if he had the faintest doubts over what is being planned.

But quite the opposite, that guy who owns those coins know he is going to be a multi-millionaire by the  end of the year or most likely sooner.

The wallet will soon be released and there will be more big buys, right now VRC is only 47k sats...  this will look like a great bargain in a few days from now!


I wholeheartedly(?) agree! I was referring to the persons who were concerned about not receiving a COA at the $50 level. Now everyone will get one, thanks to the creator. How veri cool.
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June 29, 2014, 03:11:03 PM
 #5317

This coin is going to be worth big bucks if they leave it at batch1. But i'm afraid they build alot of batches of which the coin will be valued at silver price instead of uniqueness.
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June 29, 2014, 03:27:32 PM
 #5318

Hi All

Got the domain name.... VeriCoin.com.au and will build it out to help grow the coin and  bring it to the attention of the Australian community.

I will be turning the site in to a news channel for the coin with youtube videos on it like the vericoin google hang out ones..

A price ticker... and links to great twits and anything related to the coin.

Will also try and add a sub domain to it fauct.vericoin.com.au just to try and help people get some coins.

As more ideas flow I will be adding them...

I will also be adding professional flyers to the site in pdf format that people can download and print out and share with their friends or post it on there local community boards or notice boards at work...

I also have some 3d cartoons in the work and some other marketing material that I will share from the site as I get it posted... everything will be free and can be used to help promote the coin in your local area..

Not just in Australia But where ever you may be.

Going to try and help this coin as much as possible... Enjoy the ride all..

Vericoins Here = VXCBhfbtwJDxnnQQRpUcpKKMwcsVGsT1AJ
LetsTalkBitcoin: http://ecoinincome.com.au/LetsTalkBitCoin.php
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June 29, 2014, 03:28:32 PM
 #5319

Hi All

Got the domain name.... VeriCoin.com.au and will build it out to help grow the coin and  bring it to the attention of the Australian community.

I will be turning the site in to a news channel for the coin with youtube videos on it like the vericoin google hang out ones..

A price ticker... and links to great twits and anything related to the coin.

Will also try and add a sub domain to it fauct.vericoin.com.au just to try and help people get some coins.

As more ideas flow I will be adding them...

I will also be adding professional flyers to the site in pdf format that people can download and print out and share with their friends or post it on there local community boards or notice boards at work...

I also have some 3d cartoons in the work and some other marketing material that I will share from the site as I get it posted... everything will be free and can be used to help promote the coin in your local area..

Not just in Australia But where ever you may be.

Going to try and help this coin as much as possible... Enjoy the ride all..

PM me your faucet when its up and running and we will link to it and help you promote it.

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June 29, 2014, 03:30:57 PM
 #5320

Looks like we are due for a pump in about 30 minutes...

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
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