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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1355393 times)
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July 14, 2014, 04:38:17 AM
 #8321

VeriCoin is dead no matter what, IMO, rollback or not. The best the devs could do is start a new coin and advice everyone to be smarter about coin storage. Hard-forking in this case is a misunderstanding and a disregard of the principles that bitcoin was founded on.

Either way the coin is going to die...even if it is a slow death. They are delaying the inevitable. Trust has been broken by rolling back the chain because of 1 business fucking up. But who cares about miners of VRC who have now lost mining time on their hands.

epic fail

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July 14, 2014, 04:38:57 AM
 #8322

It means Fear Uncertainty and Doubt, When people say your doing that, its not because they have nothing good to say, its because you are here trolling.

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July 14, 2014, 04:39:30 AM
 #8323

Its funny how the fuders and the lovers of vericoin feed off each other and beat this dead horse because they have nothing better to do with their time. You all need to get a life lmao!!!

Just because we disagree with the decision does not mean we are FUDsters.

My main rep on this forum has always been to call out BS when I see it.

What happened today by the VRC devs and Mintpal is utter BS.

And my life is just fine. Thanks for asking.  Cheesy

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July 14, 2014, 04:39:36 AM
 #8324


So if I bought VRC after 2 AM EST at Mintpal I will have my BTC back in my Mintpal BTC wallet and no VRC, correct?
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July 14, 2014, 04:39:41 AM
 #8325

This has the potential to ruin the coin or result in it coming back stronger than ever. We still hold the remaining 70% so as long as vericoin holders continue to be so active, we're just fine here. Also keep in mind that exchanges will definitely update to the new wallet, and quite a bit was being held in exchanges, so it's not quite as difficult as it appears to reach 51%.

Of course the exchanges are going to update it is their ass on the line and the devs are literally giving them a hand out by supporting the hard fork idea.

whats your problem ?? you are here saying bullshit for more than 3 hours..
do you want to open ppl eye? hmm no.. you just want ppl to dump so you can buy it cheap


trust me... lol.. no one wants to buy.

I would. If this fork is successful and coins go back to their rightful owners.

You are just a bag holder trying to retain value in a coin that is obviously dead. The rightful owners of the coins are whoever used a security flaw to steal them, it's their reward.  


You sir are a FUD spewing idiot please do humanity a favor and remove yourself from the genepool and stop wasting our precious resources in the most expedient fashion, I'll even buy you the bullet to do it with.

"fud" is just a buzzword that people use as a way of discrediting others when no other means are available.


That's a very good point you have there  Roll Eyes

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July 14, 2014, 04:40:02 AM
 #8326

Its funny how the fuders and the lovers of vericoin feed off each other and beat this dead horse because they have nothing better to do with their time. You all need to get a life lmao!!!

when a big coin like this dies so hard, it's exciting. Just glad I didn't have any.
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July 14, 2014, 04:40:19 AM
 #8327

TROLLING =/= difference of opinion. Get that straight.

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July 14, 2014, 04:40:58 AM
 #8328

VeriCoin is dead no matter what, IMO, rollback or not. The best the devs could do is start a new coin and advice everyone to be smarter about coin storage. Hard-forking in this case is a misunderstanding and a disregard of the principles that bitcoin was founded on.

Either way the coin is going to die...even if it is a slow death. They are delaying the inevitable. Trust has been broken by rolling back the chain because of 1 business fucking up. But who cares about miners of VRC who have now lost mining time on their hands.

epic fail

Okay coin is dead... why are you still here?
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July 14, 2014, 04:41:44 AM
 #8329

VeriCoin is dead no matter what, IMO, rollback or not. The best the devs could do is start a new coin and advice everyone to be smarter about coin storage. Hard-forking in this case is a misunderstanding and a disregard of the principles that bitcoin was founded on.

Either way the coin is going to die...even if it is a slow death. They are delaying the inevitable. Trust has been broken by rolling back the chain because of 1 business fucking up. But who cares about miners of VRC who have now lost mining time on their hands.

epic fail

Okay coin is dead... why are you still here?
entertainment
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July 14, 2014, 04:42:16 AM
 #8330

VeriCoin Rollback = MASSIVE FAIL!

Trust is GONE

Coin will DIE!
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July 14, 2014, 04:43:13 AM
 #8331

BTC was forked 100 times
LTC  forked many times
DRK forked twice last month

.........................ETC ................


VRC FORKED NOW  . SO WHAT ?

BTC and LTC were never forked due to a hack or scam of a business.

Get your facts straight.

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July 14, 2014, 04:43:56 AM
 #8332

VeriCoin Rollback = MASSIVE FAIL!

Trust is GONE

Coin will DIE!

Trust is gone? More like trust is gained.

You know what would've happened if there was no ROLLBACK? 51% on VRC easily. Or a dump of 8million VRC which is 30% of total supply. Either case would've destroyed VRC. Best solution was a rollback to protect the investors.

Go back to your CLOAK coin...LMAO
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July 14, 2014, 04:44:32 AM
 #8333

So many new posters here that have no intrest in VRc yet are posting 10 times a minute trying to get a better price when it opens back up.

Nice to see what many of us said coming true, this attracted a lot of new investors who liked the idea of devs sticking around and fixing a coin instead of leaving the community to rot.

The devs could have just as easily moved on and created a new and improved coin with a different name, yet they stayed ( remember this was not a premine either )


How many coins had a major event out of their control due to a 3rd party's negligence and stayed around with no premine?


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July 14, 2014, 04:45:13 AM
 #8334

Hi all,

just want to show support for the DEVs decision to hardfork the blockchain.

I like it, how finally somebody stands up against all these cryptothefts by protecting the property of community members and investors.

I am all for letting those thieves know, that they cannot screw up the vericoin blockchain. A hardfork will discourage them to try again, because they have nothing to gain. It will in fact protect the integrity of the blockchain, because property rights are respected here.

Bitcoin Foundation and DEVs thought/think they need to protect the integrity of their blockchain by never rolling back transactions even after considerable amounts of BTC were stolen. This only lead to more thefts, scams and fraud - up to the point, when mtgox itself went into bankruptcy under highly suspicious circumstances.
And now $-volume at the exchanges is falling and mainstream is scared away from bitcoin, because of all these thefts.

It is not more than a theory, that you cannot roll back fraudulent transactions, because it will discourage future investors - eventually it will be proven wrong.

That is just my opinion,

Thanx

If vericoin gets dumped, I will buy more.

Since you support the VRC devs decision please tell me what you think should happen with the next VRC hack or scam in the future? Same? Or double standard and not support roll backs ever? Roll Eyes

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July 14, 2014, 04:45:48 AM
 #8335

It's hard to see how VRC is going to come out of this well.

consider. Forks in BTC have been for technical reasons asfaik.



This ^ is not FUD but FACT.

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July 14, 2014, 04:46:45 AM
 #8336


So if I bought VRC after 2 AM EST at Mintpal I will have my BTC back in my Mintpal BTC wallet and no VRC, correct?

most likely mintpal would roll back the trades that happened after the attack.
however there are no guarantees.

trades that happen on exchanges do not happen on the blockchain so anything the devs do does not directly affect what happened on the exchanges.. it is up to the individual exchange administrators to decide which trades and balances to honour if at all.

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July 14, 2014, 04:46:50 AM
 #8337

Hi all,

just want to show support for the DEVs decision to hardfork the blockchain.

I like it, how finally somebody stands up against all these cryptothefts by protecting the property of community members and investors.

I am all for letting those thieves know, that they cannot screw up the vericoin blockchain. A hardfork will discourage them to try again, because they have nothing to gain. It will in fact protect the integrity of the blockchain, because property rights are respected here.

Bitcoin Foundation and DEVs thought/think they need to protect the integrity of their blockchain by never rolling back transactions even after considerable amounts of BTC were stolen. This only lead to more thefts, scams and fraud - up to the point, when mtgox itself went into bankruptcy under highly suspicious circumstances.
And now $-volume at the exchanges is falling and mainstream is scared away from bitcoin, because of all these thefts.

It is not more than a theory, that you cannot roll back fraudulent transactions, because it will discourage future investors - eventually it will be proven wrong.

That is just my opinion,

Thanx

If vericoin gets dumped, I will buy more.

so what happens if such a centralized dev team gets leaned upon by gov which includes a gag order not to say they are being leaned upon?

it looks like a single point off failure.



To me it sure looks like a single point of failure. Just persuade the devs of VRC and you can get your roll back or Bail out.

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July 14, 2014, 04:48:04 AM
 #8338

here's the problem with a rollback: You sell me 100 oz. of GOLD, not fiat, not bitcoin, not pork bellies (tho the pork bellies wld be same as Au) for an equivalent amount of VRC.

You and I agree that VRC has value, so we agree to the exchange, I send you VRC, you ship me gold coins.

A bad man steals many VRC from MintPal. Blockchain gets rolled back. I get my VRC back.

*But I Still Have Your Gold.*

Ding ding ding....Bingo!

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July 14, 2014, 04:48:37 AM
 #8339

Done with vrc and mint

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July 14, 2014, 04:48:45 AM
 #8340

Also love the fact that the FUD posters ignore the simple reason why it was not a choice but a necessity to fork to protect the community.

1 entity controlling 8 million coins that decided to stake them all would have had well over the 51% needed of the STAKING coins.

They will continue to ignore it.

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