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

[RaggedClown]

We will fight hard on 50k today I thin,  like we did on 40k last few days and next week than we will see a huge rise beyond 100k after all our releases like new website Android wallet official,  fiat/vrc,  flat
Ui

There are a lot of holders waiting to dump around 100k I suspect. If VRC hits 100k don't expect it to last for long.

On the other hand, a lot of coins will be dispersed, only adding to wider adoption and into many new hands.

I value VRC at a much higher price than 100k regarding the recent development and future improvements.  But 100k is going to be a rough, turbulent and testing ride for all of us.

[alwa1]

We will fight hard on 50k today I thin,  like we did on 40k last few days and next week than we will see a huge rise beyond 100k after all our releases like new website Android wallet official,  fiat/vrc,  flat
Ui

There are a lot of holders waiting to dump around 100k I suspect. If VRC hits 100k don't expect it to last for long.

On the other hand, a lot of coins will be dispersed, only adding to wider adoption and into many new hands.

I value VRC at a much higher price than 100k regarding th the recent development and future improvements.  But 100k is going to be a rough, turbulent and testing ride for all of us.

100k will be the big test

[RaggedClown]

We will fight hard on 50k today I thin,  like we did on 40k last few days and next week than we will see a huge rise beyond 100k after all our releases like new website Android wallet official,  fiat/vrc,  flat
Ui

There are a lot of holders waiting to dump around 100k I suspect. If VRC hits 100k don't expect it to last for long.

On the other hand, a lot of coins will be dispersed, only adding to wider adoption and into many new hands.

I value VRC at a much higher price than 100k regarding th the recent development and future improvements.  But 100k is going to be a rough, turbulent and testing ride for all of us.

100k will be the big test

Huge test.

There will be many many coins exchanging hands at this level, and this is exactly what VRC needs. The large holders to let go of their hoardings and for small buyers to catch them as they fall. 100k is the pinnacle point of this happening. After this the only way is up IMO.

[flex65]

Bittrex disabled VRC wallet.
Any news?

[benthach]

Bittrex disabled VRC wallet.
Any news?

no new and nothing. this wouldn't happen to a professional coin or business. we want to know something.

[lpl258]

someone said dev asked for the pause on bittrex

[alwa1]

Bittrex disabled VRC wallet.
Any news?

no new and nothing. this wouldn't happen to a professional coin or business. we want to know something.

This happens often to coins that are on Bittrex, nothing to worry about 

someone said dev asked for the pause on bittrex

Don't think so, that was the case with roxcoin.

[benthach]

Bittrex disabled VRC wallet.
Any news?

no new and nothing. this wouldn't happen to a professional coin or business. we want to know something.

This happens often to coins that are on Bittrex, nothing to worry about 

someone said dev asked for the pause on bittrex

Don't think so, that was the case with roxcoin.

not just Bittrex, also Mintpal
I am sure we all want to know the reason behind this.

[albertdros]

Bittrex disabled VRC wallet.
Any news?

no new and nothing. this wouldn't happen to a professional coin or business. we want to know something.

This happens often to coins that are on Bittrex, nothing to worry about 

someone said dev asked for the pause on bittrex

Don't think so, that was the case with roxcoin.

not just Bittrex, also Mintpal
I am sure we all want to know the reason behind this.

albertdros: why is vrc wallet disabled on trex?
[5:11pm] Naphariel: [14:47] <@bittrex-ryan> the exchanges have been asked to disable it

[DARKANGEL6415]

Less than 2.5 hours until VRCRadio goes LIVE! @ 10:00 AM EST

Join in for triva contest with free Vericoin awards, VeriCoin News, Crypo Coin info and some fun

http://www.vrcradio.com/

Will be tuning in.

How do you get into the radio website chat room, doesn't work for me..It just says connecting and hangs. Can hear them doing giveaways, but I cant even get in ;(

i am with you tried t oconnect but kept just hanging got nowhere

[techbytes]

My guess is wallet update...

-tb-

[DARKANGEL6415]

One more thing I just gotta point out before I head out for a bit.

For anyone left with doubts of the quality and intent of the VRC dev's

Doug put a big VeriCoin QR code on his car to promote VeriCoin today! He just posted the pic on twitter. Those guys are smart, and dedicated for sure. You don't promote a scam on your personal car.

By all measures, these guys have good intentions and seem dedicated to making crypto accessible to the masses. Will be a pleasure to work with everyone in the community to keep growing this coin payment solution.

wow that is something i would want to see where is the link please seems pretty cool 

[Splatters]

why Bittrex has disabled VRC? what's going on?
thanks

[ezimedia]

holding... my coins...    and not selling for at least 3 years... I do not want to be a btc early holder

I am adding more veri coin as I can afford it and will build out my domains as I can

and will promote vericoin as I get time..

[whocares]

Mintpal removed VRC market  ?

[Amalgamus]

Update from MintPal
13/07/2014 4:19 PM Announcements
Please read the entirety of this post.

A few hours ago we were unfortunately the subject of a successful attack against the exchange. Our investigations have shown that whilst our security was breached, VeriCoin was the target. We would like to stress that VeriCoin and the VeriCoin network has not been in any way compromised. We have worked to secure the exchange and the withdraw process from any further attack.

As it stands at the moment the following applies:

1) We lost a considerable amount of VeriCoin in the attack, however we have been working with the VRC developers and all major exchanges to hard fork the coin at a position before the attack. This will allow us to retrieve the stolen coins and facilitate all withdrawals. We are also working with various exchanges to accommodate any losses they may encouter as a result of the required fork.

2) We are currently processing withdrawals for all other coins.

As I'm sure you will appreciate, our support channels will most likely be very busy over the coming hours/days so please bear with us.

We would like to personally extend our thanks to the VeriCoin developers and the other exchanges who have pulled out all of the stops to ensure that your VRC funds are safe.

[DARKANGEL6415]

...snip...

Verisend simply cannot be trusted as it is closed source and relies on a centralized mixer on a windows server, Vericoin foundation will likely see major legal issues involving money laundering in the future if they maintain this service and Vericoin does reach ever mainstream use. If services like Lavabit/Twitter/Google/etc can have their records seized by the US government without being allowed report it, it certainly can happen to Verisend.

...snip...

Actually, as someone who has a long standing background in the financial world and has personally worked extensively with FinCEN, Vericoin's features in that regard are under very low risk. What is at very high risk of catching unwanted attention is the recent batch of alts that have anonymity woven into them.

By centralizing certain aspects of Verisend, they technically have the ability to comply with US Federal regulations. Coins that have built in decentralized anonymity quite literally have a target painted on their collective asses, and will be the first hammered into the dirt by the Feds should they ever start looking in that general direction.

Sorry to drop in and disturb your interesting discussion, but here I was thinking that the whole point of anonymous transactions is that you don't have to follow anybody's rules. You move money, nobody knows about, and that's it. And so what if the Feds (by the way, the whole world does not equate Northern America, and not everybody has/needs to comply with your US federal regulations) get interested and start looking in that general direction ?  What will they do, what can they do? Will the "feds" shut down the internet, or make it illegal to use p2p networks...in the whole world? Come on. It's not hard to decipher, that decentralized anonymous transactions are just what many people really want...and will have... regardless of you, the US, the "feds" or Santa Claus.

Just my food for thoughts, nothing personal or offensive.

First of all, while I tend to toss around terms like 'Feds' being an American myself, it applies throughout the world governments that some similar entity exists, please don't read too much into that particular word.

Strictly speaking, yes, the point of anonymity is to be anonymous. The question is twofold however.

First of all, while the whole world does not 'have' to comply with US regulations, the US Financial system (for all it's faults) is still capable through the Federal Reserve and US government of applying an absurd amount of pressure to entities based outside of the US. Most money laundering laws are international as well (since every government worldwide pretty much wants to have their hand in the cookie jar), so very little reach is even required. Because something truly anonymous could be used extensively for funding terrorism as well, they could come after it from that vector too. Long story short, until you are living in a non-extradition country and banking with an institution that is not reliant in any way on US or US ally based financial institutions, you might want to rethink how much you can blow off. Its scary how much economic leverage can be applied to anyone to get them to step to the beat. Sad, but true, plain and simple.

And the second facet to this is that any anonymous currency ostracized by the global financial system will probably be very hard to acquire, or cash out. Now while it is in it's own way a currency (obviously), it is only as useful as it can be spent. If you had one million dollars (or equivalent in whichever national currency you prefer) in "AnonymousCOINX" (pulling something random outta my ass as to not offend anyone), you wouldd have to either spend it with merchants who would give you something of value for it, or sell it on an exchange for fiat in order to actually have that value. But if companies wont accept it for fear of being ostracized, and if your local banks wont accept funds from an exchange that trades it for the fear of being ostracized, then what do you really have?

The essential point is that untraceable electronic transfers would be a haven for illicit activity, not just people who feel they have the right to privacy. Because of this, it's would come under what would probably be an almost unsurvivable amount of scrutiny by any and every world government.

Kind of a case of the rotten apples spoiling the whole bushel. While I know a lot of honest folks have interest in the anon aspects of crypto, it is in my personal opinion going to be hammered too much by legal authorities worldwide who are going to be way too fearful of it's illicit use.

 that read so true look at all the americans hidding money in swiss bank accounts to avoid taxes and the swiss took pride in hiding those accounts. In the end they now have open book for the IRS to know what is held in the worlds most secretive banking system.

[lpl258]

vericoin attacked on mintpal :O

[DARKANGEL6415]

Bought another 39 610 vrc and will stake it on my wallet , with all the news coming this week = i will triple my investment = want to spend wy hollydays in Bora-bora island (french polynesia , so Happy

BORA BORA

that looks like such a nice place maybe someday me and the family will get to go there

[Killiz]

Update from MintPal
13/07/2014 4:19 PM Announcements
Please read the entirety of this post.

A few hours ago we were unfortunately the subject of a successful attack against the exchange. Our investigations have shown that whilst our security was breached, VeriCoin was the target. We would like to stress that VeriCoin and the VeriCoin network has not been in any way compromised. We have worked to secure the exchange and the withdraw process from any further attack.

As it stands at the moment the following applies:

1) We lost a considerable amount of VeriCoin in the attack, however we have been working with the VRC developers and all major exchanges to hard fork the coin at a position before the attack. This will allow us to retrieve the stolen coins and facilitate all withdrawals. We are also working with various exchanges to accommodate any losses they may encouter as a result of the required fork.

2) We are currently processing withdrawals for all other coins.

As I'm sure you will appreciate, our support channels will most likely be very busy over the coming hours/days so please bear with us.

We would like to personally extend our thanks to the VeriCoin developers and the other exchanges who have pulled out all of the stops to ensure that your VRC funds are safe.

Time to Buy!! Nothing to do with Vericoin security, but rather an attack on mintpal itself. Catch those falling nuggets of gold