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Question: Where would you prefer the VRC/VRM exchange pair be?
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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1351104 times)
xCryptoManiaX
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July 01, 2014, 08:37:31 PM
 #6041

Wtf is happening, did I miss something?

Whale attack!  Smiley

It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
Always entertaining seeing these, and as soon as it hits 41k the 29BTC wall disappears and several 5-10BTC buys are initiated.


the 103 BTC sell wall at 45 for a moment was also entertaining

That is probably that groups entire position.  Trying to use it to gather some cheaper.  Good thing is it isn't that big at all in the scheme of things over some time.

It's easy to manipulate trading psychology ey?

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GTX-DoX
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July 01, 2014, 08:43:35 PM
 #6042

Is the price of BTC affecting price of VRC ?

I need it to rise soon!!
onsightit
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July 01, 2014, 08:55:42 PM
 #6043

Pressing the price to 3xxx range, so they will make easier profit...

Can you imagine, from 40 to 50-55 with hundreds of btc thats a profit of 30 or 40% each time on all their bitcoins, and everyone is just feeding them Huh

I sprinkle whale poison on my VRC while they are staking. Wink

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
T.Stuart
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July 01, 2014, 09:35:12 PM
 #6044

Huge sell wall up for hour or more. No one running / swimming away. Take that, whale.

                                                                               
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July 01, 2014, 09:35:20 PM
 #6045

Is the price of BTC affecting price of VRC ?

I need it to rise soon!!

Mostlikely. Short term investors will want to cash out for fiat when BTC price is up.
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July 01, 2014, 09:37:04 PM
 #6046

Is the price of BTC affecting price of VRC ?

I need it to rise soon!!

Mostlikely. Short term investors will want to cash out for fiat when BTC price is up.

No, this is whale manipulation. No doubt at all.

                                                                               
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chunkyjunkie
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July 01, 2014, 09:50:39 PM
 #6047

Is the price of BTC affecting price of VRC ?

I need it to rise soon!!

Mostlikely. Short term investors will want to cash out for fiat when BTC price is up.

No, this is whale manipulation. No doubt at all.


Agree 100% you dont bury 80 or so btc deep in the ask if you want to sell them, you do it to accumulate lower and make it look like there is more pressure to sell then there is.

It is pretty simple atm, if you saw that recent sell off as clear manipulation to get in lower then reasoning would tell you buying here is pretty easy money.

I just bought and am not worried one bit I will be selling for a lot higher then 43 when the game is done.  Remember all that selling had the goal of accumulating cheaper so logically they now want it to run up at some point.  You buy here and just be patient no matter what the price does and you will have more money soon then you do now.

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July 01, 2014, 10:05:24 PM
 #6048

Is the price of BTC affecting price of VRC ?

I need it to rise soon!!

Mostlikely. Short term investors will want to cash out for fiat when BTC price is up.

No, this is whale manipulation. No doubt at all.


Agree 100% you dont bury 80 or so btc deep in the ask if you want to sell them, you do it to accumulate lower and make it look like there is more pressure to sell then there is.

It is pretty simple atm, if you saw that recent sell off as clear manipulation to get in lower then reasoning would tell you buying here is pretty easy money.

I just bought and am not worried one bit I will be selling for a lot higher then 43 when the game is done.  Remember all that selling had the goal of accumulating cheaper so logically they now want it to run up at some point.  You buy here and just be patient no matter what the price does and you will have more money soon then you do now.

I think 38k could happen first. Lying in wait...

VRC: VMTMcvFjZHAshmVNLY5KYVHCTqcfEnH6Bd  SLR: 8W7D6D7rortYp51BK9MSrfripSoZWyVPVr  BTC: 1LbgAsTDtyWEGjiSaguJhJbaHBPgcMnHfP  BCC: 1Ta39PK67VXTD2xnmPNo5J9KJyBVHdYmy
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July 01, 2014, 11:20:29 PM
 #6049

In case anyone is thinking about veripool (pool.vericoin.info), don't bother it's not worth it. Experimented by pointing a 1Th/s sha-256 miner at it for 24 hours and got $1.50 usd (5.63 vrc) worth of vericoin. Supposedly they mine an anonymous coin and then exchange it for vericoin and split it up in the pool. Whatever the multipool 256 coin was, I found 7 blocks of it, but the return sucked. Someone in another thread alleged that the pool operator may be skimming, so be warned.  Your best bet is to just mine BTC (or whatever else) and then exchange for vericoin.

Also, yes, I know vericoin is a proof of stake coin, I just wanted to test the exchange pool to see what it was like.
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July 01, 2014, 11:30:59 PM
 #6050

I do clearly see there accumulation going on about 40K... think about of goin all inn again... could there will definitly be another 5x run startet at 50k, some gives me green light?

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Shinraven
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July 01, 2014, 11:36:55 PM
 #6051

I do clearly see there accumulation going on about 40K... think about of goin all inn again... could there will definitly be another 5x run startet at 50k, some gives me green light?

glad you can see that they are buying. current price is lowest i've seen past few days. solid devs, cool features coming next few days, what more do you want hear ?  Roll Eyes
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July 01, 2014, 11:52:05 PM
 #6052

In case anyone is thinking about veripool (pool.vericoin.info), don't bother it's not worth it. Experimented by pointing a 1Th/s sha-256 miner at it for 24 hours and got $1.50 usd (5.63 vrc) worth of vericoin. Supposedly they mine an anonymous coin and then exchange it for vericoin and split it up in the pool. Whatever the multipool 256 coin was, I found 7 blocks of it, but the return sucked. Someone in another thread alleged that the pool operator may be skimming, so be warned.  Your best bet is to just mine BTC (or whatever else) and then exchange for vericoin.

Also, yes, I know vericoin is a proof of stake coin, I just wanted to test the exchange pool to see what it was like.

I hope you have some kind of proof of your allegations.


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July 01, 2014, 11:54:03 PM
 #6053

snip (pool.vericoin.info), don't bother it's not worth it. Experimented by pointing a 1Th/s sha-256 miner at it for 24 hours and got $1.50 usd (5.63 vrc) worth of vericoin. snip
Yep I tried that too - 1Th Sha256 for 21 hours on the 27th/28th - totalled 33 VRC so far

nowhere near as profitable - BTC mining woulda generated 0.0318 but I only got 33 VRC = 0.01425 @ 43k
even at 55k its still only 0.01815

However there are still payments trickling in 3 days later - so results - not conclusive - but id be surprised if I get another 20+vrc


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July 01, 2014, 11:58:52 PM
 #6054

In case anyone is thinking about veripool (pool.vericoin.info), don't bother it's not worth it. Experimented by pointing a 1Th/s sha-256 miner at it for 24 hours and got $1.50 usd (5.63 vrc) worth of vericoin. Supposedly they mine an anonymous coin and then exchange it for vericoin and split it up in the pool. Whatever the multipool 256 coin was, I found 7 blocks of it, but the return sucked. Someone in another thread alleged that the pool operator may be skimming, so be warned.  Your best bet is to just mine BTC (or whatever else) and then exchange for vericoin.

Also, yes, I know vericoin is a proof of stake coin, I just wanted to test the exchange pool to see what it was like.

I hope you have some kind of proof of your allegations.



He'd need proof for the allegations if he himself was alleging this. He's just telling us what he heard on another thread.

But to the core of his post, as he illustrated, is pretty correct. I've pointed about 25Mh/s Scrypt for almost a half a day and got proportionally, what he's describing.
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July 02, 2014, 12:09:37 AM
 #6055

In case anyone is thinking about veripool (pool.vericoin.info), don't bother it's not worth it. Experimented by pointing a 1Th/s sha-256 miner at it for 24 hours and got $1.50 usd (5.63 vrc) worth of vericoin. Supposedly they mine an anonymous coin and then exchange it for vericoin and split it up in the pool. Whatever the multipool 256 coin was, I found 7 blocks of it, but the return sucked. Someone in another thread alleged that the pool operator may be skimming, so be warned.  Your best bet is to just mine BTC (or whatever else) and then exchange for vericoin.

Also, yes, I know vericoin is a proof of stake coin, I just wanted to test the exchange pool to see what it was like.

I hope you have some kind of proof of your allegations.



He'd need proof for the allegations if he himself was alleging this. He's just telling us what he heard on another thread.

But to the core of his post, as he illustrated, is pretty correct. I've pointed about 25Mh/s Scrypt for almost a half a day and got proportionally, what he's describing.

Well most multipools suck just as hard, the best turn out is to mine a coin direct then put it through an exchange and just buy vrc. At least I noticed the same thing, the only reason why I still keep them pointed to veripool is because I want to support the coin. I agree some more transparency with the pool would be nice. Look at LTCrabbits setup they have good transparency and they multimine. I am sure the devs are way to busy to accomplish this atm maybe in the future it can be another project.
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July 02, 2014, 12:11:50 AM
 #6056

In case anyone is thinking about veripool (pool.vericoin.info), don't bother it's not worth it. Experimented by pointing a 1Th/s sha-256 miner at it for 24 hours and got $1.50 usd (5.63 vrc) worth of vericoin. Supposedly they mine an anonymous coin and then exchange it for vericoin and split it up in the pool. Whatever the multipool 256 coin was, I found 7 blocks of it, but the return sucked. Someone in another thread alleged that the pool operator may be skimming, so be warned.  Your best bet is to just mine BTC (or whatever else) and then exchange for vericoin.

Also, yes, I know vericoin is a proof of stake coin, I just wanted to test the exchange pool to see what it was like.

I hope you have some kind of proof of your allegations.



He'd need proof for the allegations if he himself was alleging this. He's just telling us what he heard on another thread.

But to the core of his post, as he illustrated, is pretty correct. I've pointed about 25Mh/s Scrypt for almost a half a day and got proportionally, what he's describing.

What he said is hearsay. It's worth even less. Yes, he needs proof or it's not true. Just another lie.

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July 02, 2014, 12:16:55 AM
 #6057

I have to say, this is one of the most promising coins I've seen in a while.

I'm watching this one very closely.

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July 02, 2014, 12:20:30 AM
 #6058

I have to say, this is one of the most promising coins I've seen in a while.

I'm watching this one very closely.

You better buy...you can watch it closely but if it shoots into the air, you're lost

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July 02, 2014, 12:21:00 AM
 #6059

Hmm Big ltc sell off....


Wonders Lee let it slip LTC would never be getting on coinbase even though he works there.

Then again were some whispers at one time of vrc making it though huh?


Inc buys on vrc at same time, interesting times...

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July 02, 2014, 12:27:49 AM
 #6060

I have to say, this is one of the most promising coins I've seen in a while.

I'm watching this one very closely.

You better buy...you can watch it closely but if it shoots into the air, you're lost

Oh, I did.

I sold my crypto holdings and cashed out a few months ago after getting burned in the NEOBEE b.s. (not a huge % of my holdings but still...I was more angry for other people who lost a lot). I just recently got back in and I've been researching the current crop of alts and Vericoin really seems to have its shit together.

The devs being very public is gold. That was one of the best things about Dogecoin. But just the fact that you can automatically spend it wherever bitcoin is accepted basically renders a LOT of other alts moot, doesn't it? Let's hope it keeps up.

The fact that it has such a solid 'elevator pitch' ("you can automatically spend it anywhere btc is accepted!!") will be huge for these guys in the coming weeks. Once it starts to spread a bit, this could be a good one.

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