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

[onsightit]

Only 48516 vrc outside of top 1000 wallets (top 1k has 99.82% of all coins)

Its a bit weird that the distribution has not changed at all even if vrc has these high volume days. Left hand to right hand trades to get volume up? AKA. manipulation

http://chainz.cryptoid.info/vrc/#!rich

You do relealize that a lot of those wallets are on exchanges...there might be some manipulation but not as much some other alt-coins

Yes i do, that's why I said that it is weird that it hasn't CHANGED

No new wallets created with any vrc in them

Was 2000 wallets roughly before this big run got started, during that week about 500 where created, then in past week we jumped to 4200 wallets.

I have a wallet, I have 1 VRC in it. You got people with 500k+ in top 10. It makes complete sense. Most coins are about same numbers.

Ok tbh the top 1k wallets held 99.93% of coins 2 weeks ago and now only 99.82%. My bad

I installed the new wallet yesterday and moved 90% of my coins to it.  The address still does not show up on the rich list.  All staked and earning interest...

[keshuker]

Only 48516 vrc outside of top 1000 wallets (top 1k has 99.82% of all coins)

Its a bit weird that the distribution has not changed at all even if vrc has these high volume days. Left hand to right hand trades to get volume up? AKA. manipulation

http://chainz.cryptoid.info/vrc/#!rich

Lol, stupid FUD.

'top 1k' is 1/3 of non-empty wallets. So great distribution

AKA. Bullshit

Still seems to be difficulties in reading comprehension, the distribution has NOT CHANGED with high volume trading, or are you saying the richlist is bullshit?

[pratico]

https://i.imgur.com/YNmhgfA.jpg

lol +1

[XbladeX]

Only 48516 vrc outside of top 1000 wallets (top 1k has 99.82% of all coins)

Its a bit weird that the distribution has not changed at all even if vrc has these high volume days. Left hand to right hand trades to get volume up? AKA. manipulation

http://chainz.cryptoid.info/vrc/#!rich

Lol, stupid FUD.

'top 1k' is 1/3 of non-empty wallets. So great distribution

AKA. Bullshit

Wealth Distribution : Top 1000   26,731,293 VRC   99.82 %

just look an think 2x top guys can even play each other they are only 1000 biggest owners.
In later that mean when big investor will cash out it will be painful.

If not many owns VRC is much easier to control price but when someone will cash out it will hurts.

[onsightit]

Does anyone know if the wallet encryption key can be backed up?  Is it backed up with the wallet backup?

I'm asking because I'd like to know if an encrypted wallet backup can be restored on another computer.  I just don't have time to dig in the code right now...

[criptix]

Only 48516 vrc outside of top 1000 wallets (top 1k has 99.82% of all coins)

Its a bit weird that the distribution has not changed at all even if vrc has these high volume days. Left hand to right hand trades to get volume up? AKA. manipulation

http://chainz.cryptoid.info/vrc/#!rich

Lol, stupid FUD.

'top 1k' is 1/3 of non-empty wallets. So great distribution

AKA. Bullshit

Wealth Distribution : Top 1000   26,731,293 VRC   99.82 %

just look an think 2x top guys can even play each other they are only 1000 biggest owners.
In later that mean when big investor will cash out it will be painful.

If not many owns VRC is much easier to control price but when someone will cash out it will hurts.

did you ever look at distribution of bitcoin or fiat?

and btw, some of the top adresses are exchange wallets, pretty sure nr.1 is mintpal wallet (they already make around 10-15% imo)

[dimfot]

new wallet rocks!!

[criptix]

Does anyone know if the wallet encryption key can be backed up?  Is it backed up with the wallet backup?

I'm asking because I'd like to know if an encrypted wallet backup can be restored on another computer.  I just don't have time to dig in the code right now...

im not sure if i understand your question.

If you want to know if you can restore an encrypted wallet, then the answer is yes (if you have your passphrase of course).

If you want to know if you can restore the Passphrase of your encrypted wallet, then no.

[BadAss.Sx]

Stupid P&D dickheads...leave the coin alone

[patronis]

RELOAD!!!!!!!!! 

[alwa1]

Only 48516 vrc outside of top 1000 wallets (top 1k has 99.82% of all coins)

Its a bit weird that the distribution has not changed at all even if vrc has these high volume days. Left hand to right hand trades to get volume up? AKA. manipulation

http://chainz.cryptoid.info/vrc/#!rich

Lol, stupid FUD.

'top 1k' is 1/3 of non-empty wallets. So great distribution

AKA. Bullshit

Wealth Distribution : Top 1000   26,731,293 VRC   99.82 %

just look an think 2x top guys can even play each other they are only 1000 biggest owners.
In later that mean when big investor will cash out it will be painful.

If not many owns VRC is much easier to control price but when someone will cash out it will hurts.

Nobody doesn't dump all his coins at once 

[ScottAllyn]

and btw, some of the top adresses are exchange wallets, pretty sure nr.1 is mintpal wallet (they already make around 10-15% imo)

I'm pretty sure that #1, 3, 4, 5, 7, and 9 are MintPal addresses. MintPal created #1 when I transferred my coins over from Bittrex and I've seen some of my transactions in 3 of the others.

[onsightit]

Does anyone know if the wallet encryption key can be backed up?  Is it backed up with the wallet backup?

I'm asking because I'd like to know if an encrypted wallet backup can be restored on another computer.  I just don't have time to dig in the code right now...

im not sure if i understand your question.

If you want to know if you can restore an encrypted wallet, then the answer is yes (if you have your passphrase of course).

If you want to know if you can restore the Passphrase of your encrypted wallet, then no.

Thanks, the first answer is what I was asking about.  I'm going to test this out in a few minutes with a small wallet on an old computer.

1. Install wallet.
2. Encrypt wallet.
3. Send 1 VRC to it.
4. Stake wallet.
5. Backup wallet.
6. Copy wallet backup to another computer and import the wallet.
7. Just for fun, I'm wondering what will happen if the wallet is open on two computers...

[T.Stuart]

Does anyone know if the wallet encryption key can be backed up?  Is it backed up with the wallet backup?

I'm asking because I'd like to know if an encrypted wallet backup can be restored on another computer.  I just don't have time to dig in the code right now...

im not sure if i understand your question.

If you want to know if you can restore an encrypted wallet, then the answer is yes (if you have your passphrase of course).

If you want to know if you can restore the Passphrase of your encrypted wallet, then no.

The wallet key is in the dat file, which you must save carefully for future wallets.

[XbladeX]

...
did you ever look at distribution of bitcoin or fiat?

and btw, some of the top adresses are exchange wallets, pretty sure nr.1 is mintpal wallet (they already make around 10-15% imo)

Yes i know what you meant but POW minig during 4 years is bit different than 7day mining.
BTC was build it price 4 years and have BIG infrastructure to maintain that price.
BTC owners was much more at beginig it will be stupid comparing POS to POW.

And remember if someone is kipping money on exchange wallet is is not willing keep that money for long.
I have few coins of-line because of that having them on exchange force me sometimes to sell in stupid manner.
I only keep on exchange money which i want to dump in 1st occasion.

...
Nobody doesn't dump all his coins at once  

Nach whales do it when order book is filled and they get ROI from coin.
with some fud it cause panic sell stupid but true.

____________________________________________________

In therm of POS seciurity haveing only 1000 wallet is bad security.
PPC is mined and mined because of that wide distribution and to be able turn of
centralized checkpoints some day.

PS: GL with pump and BIG profits.

[raleit2014]

******effectsToCause
Please check your email. I would like to RATE VRC.
If anyone can send a message to the Dev, I would appreciate.
VRC has great potential good upward mobility.

http://cryptoanalytics.trade/

[criptix]

Does anyone know if the wallet encryption key can be backed up?  Is it backed up with the wallet backup?

I'm asking because I'd like to know if an encrypted wallet backup can be restored on another computer.  I just don't have time to dig in the code right now...

im not sure if i understand your question.

If you want to know if you can restore an encrypted wallet, then the answer is yes (if you have your passphrase of course).

If you want to know if you can restore the Passphrase of your encrypted wallet, then no.

Thanks, the first answer is what I was asking about.  I'm going to test this out in a few minutes with a small wallet on an old computer.

1. Install wallet.
2. Encrypt wallet.
3. Send 1 VRC to it.
4. Stake wallet.
5. Backup wallet.
6. Copy wallet backup to another computer and import the wallet.
7. Just for fun, I'm wondering what will happen if the wallet is open on two computers...

exactly, just need to backup your wallet.dat which is located @ C:\Users\Username\AppData\Roaming\VeriCoin

@7 hm good question, i dont think theres a problem though.


@xblade

i get your points, but the distribution is still pretty much the same.

what you fear is the dumping of early adopters, but dont you think its the same with every coin?
the important thing here is the utility and innovation of the coin, that will decide if it lives on or not.

its ok if you are only in for the short ride, alot of people probaly though the same when bitcoin went to 10$, to 30$, to 200$, to 1200$... you get what i mean?
i think vericoin is one of the few alts that really has great chances for the mid/long-term

[patronis]

[quoteQuote from: patronis on Today at 02:50:50 PM
well i said it 30min ago that it will hit 47-46 range and i got it right?Huh?(post is up)  so who was smart and sold @54n and bought @47 congrats ......atleast i did that
i'm out at 495k, tried to rebuy at 465 but never hit...  Undecided][/quote]

like i said second prediction of the day i said couple hours ago that we will reach @45 and we just did hope you guys sold high and reloaded this pump and dumps are so predictibale, such a many maker. Cheers to all that made money

[bitc0000]

Dumping 30 btc worth of vericoin from 55k feels like giving birth to the sun 

[virtualfaqs]

well i said it 30min ago that it will hit 47-46 range and i got it right?Huh?(post is up)  so who was smart and sold @54n and bought @47 congrats ......atleast i did that
i'm out at 495k, tried to rebuy at 465 but never hit...  Undecided

like i said second prediction of the day i said couple hours ago that we will reach @45 and we just did hope you guys sold high and reloaded this pump and dumps are so predictibale, such a many maker. Cheers to all that made money

Will it go back to 50K?