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

[abercrombie]

[jerrylemon]

ask ben bernake.....errrr... psnoker

[jerrylemon]

So I have some questions to ask those who clearly have an opinion to what took place. Consider the following.

1)  Since you are on these forums, it is safe to assume that you are invested in some coin(s)
2)  Say Someone or a group of individuals commit a crime (Theft), in which YOU are the victim of this crime.

Would you not be upset ? would you not feel violated ?  Since when is ok to for someone to commit a crime and let the attacker get away with ?  Would you not seek justice ?  So i guess it's ok for someone to attack a man or woman then laugh in their face and blame them?  do you not have the right to defend yourself ?

Please enlighten me

Only in the crypto world do people defend criminals.  If we can find the people who did this in take matters into our own hands and NO punishment from the law then no roll back.  But we can't so if you can protect the people you do it! I still feel for the people who got screwed from Mtgox.

How can I we or anyone promote crypto to the masses if we allow this to go on without trying to fight back.

not when the dev is just as shady as the criminals

[pb2014]

Why da fuq did Mintpal hold 8mil Vericion's($2mil) in a hot wallet. I want a good explanation.

[socal]

The sockpuupet bullshit FUDsters still here? damn was hoping that they woulda finally gone and killed themselves, oh well if they keep posting I'll just keep spamming the revelations of yesterday NO MATTER HOW OFTEN THEY REPORT THAT SHIT TO MODERATORS LOL

It's pretty damn funny that when you troll the trolls they get butthurt and report everything to the mods but god forbid anyone hold them to that same standard

[BitcoinPorn]

"PLEASE NOTE: WE ARE NO LONGER ACCEPTING PAYPAL AS PAYMENT.
Due to persistent scammers using PayPal chargebacks, we have decided to stop accepting PayPal. This is a shame for all those genuine customers who benefitted from the speed and efficiency of PayPal.
WE NOW ONLY ACCEPT BITCOIN OR LITECOIN AS PAYMENT"

Sad times for Litecoinfever, they have disabled being able to buy coins with Paypal.  However they are still open and anyone can buy Vericoin directly with Bitcoin or Litecoin.

Anyways, just posting this as an alternate way for people to buy coins http://litecoinfever.com/

If you check their twitter feed, they offer deals through the day that last 30min/hour, so it's worth checking it https://twitter.com/LitecoinFever

[tigerwood0432]

10 million vrc staking on wallets : http://vrcstake.ticonerd.com/ , this time = vrc will go very high .

 PUMP and DUMP in the same day are over whales have learned a lesson with mintpal attack

= WHALES :Repeat after me = i will never put 100 btc worth of VRC in any exchange = i will buy cheap on exchange >> withdrawto my wallet >> wait for the price to go up >> then sell it on exchange >> withdraw btc >> repeat again .

VRC is going very far this time with this story = 1.45 million EUROS stolen from an exchange , VCR DEV help investors to recover all their money = VRC DEV IS A HERO = VRC will attract all medias attention : TV , RADIO , BUSINESS MAGAZINES , NEWSPAPER ....etc its going viral on twitter right now , facebook = viral . you will see this week vrc at 100k - 180 k . soooo happyyy

[ozboy2014]

I am a simple "mum/dad investor" and as far as I am concerned, the Devs have done an excellent job in protecting the integrity of the coins. For VRCs to be seen as a coin that we can trust by the wider community, we need to see that these fuckwit criminals can't just get away with stealing people's hard earned investments going forward...

I understand that the main reason of the rollback was to protect against the potential 51% attack and I am NOT condoning the actions of Mintpal.They should be held accountable. Those of you who've transacted after/between/during the fork should be reimbursed/honoured by Mintpal at their own expenses i.e. if they want to regain people's trust. The decision to rollback was also done with the major consent of the community (I believe 70% supported the rollback) so those of you who are FUDDING because you have nothing else better to do, perhaps its time to move on. If you have lost some coins then please take it up with MP otherwise SHUT DA FUCK UP!

[BitcoinPorn]

Why da fuq did Mintpal hold 8mil Vericion's($2mil) in a hot wallet. I want a good explanation.

“We did have cold storage setup for VRC, however in this instance, due to an error for which only we can be accountable, we had transferred far fewer coins than was required, resulting in a large proportion of coins being left in the hot wallet.”

http://www.coindesk.com/bitcoin-protected-vericoin-stolen-mintpal-wallet-breach/

---

While I do not see this as a "good" explanation, it is their explanation.    I sadly see it as a way they were earning interest off of other peoples coins, but who knows.

[tigerwood0432]

I am a simple "mum/dad investor" and as far as I am concerned, the Devs have done an excellent job in protecting the integrity of the coins. For VRCs to be seen as a coin that we can trust by the wider community, we need to see that these fuckwit criminals can't just get away with stealing people's hard earned investments going forward...

I understand that the main reason of the rollback was to protect against the potential 51% attack and I am NOT condoning the actions of Mintpal.They should be held accountable. Those of you who've transacted after/between/during the fork should be reimbursed/honoured by Mintpal at their own expenses. if they want to regain people's trust. The decision to rollback was also done with the major consent of the community (I believe 70% supported the rollback) so those of you who are FUDDING because you have nothing else better to do, perhaps its time to move on. If you have lost some coins then please take it up with MP otherwise SHUT DA FUCK UP!

+ 1 if these dickheads fudder has lost 80k vrc = 35 btc worth = they will be crying yesterday lol = what hypocrites

[amirmass]

FUD is over..
26 btc buy today, the chinese dude still in, whales bought all the way up to 42 last week, people are staking coins out off exchanges, chart looks healthy
  expect a new high in vrc today or tomorrow, then 300k in 3 weeks

[Bobsurplus]

FUD is over..
26 btc buy today, the chinese dude still in, whales bought all the way up to 42 last week, people are staking coins out off exchanges, chart looks healthy
  expect a new high in vrc today or tomorrow, then 300k in 3 weeks

LMAO.. This coin is a joke!

[Shinraven]

I am a simple "mum/dad investor" and as far as I am concerned, the Devs have done an excellent job in protecting the integrity of the coins. For VRCs to be seen as a coin that we can trust by the wider community, we need to see that these fuckwit criminals can't just get away with stealing people's hard earned investments going forward...

I understand that the main reason of the rollback was to protect against the potential 51% attack and I am NOT condoning the actions of Mintpal.They should be held accountable. Those of you who've transacted after/between/during the fork should be reimbursed/honoured by Mintpal at their own expenses i.e. if they want to regain people's trust. The decision to rollback was also done with the major consent of the community (I believe 70% supported the rollback) so those of you who are FUDDING because you have nothing else better to do, perhaps its time to move on. If you have lost some coins then please take it up with MP otherwise SHUT DA FUCK UP!

Well put!

[neurorit]

Well since you're a mum/dad investor maybe you should invest into Paypal instead of the Paypal of the alt world. If you're going to use a platform that requires trust wouldn't you rather it be insured and have years proving they're trust worthy?

Every service VeriCoin offers is taking a shortcut as far as crypto is concerned. Closed source, cenrtralized. VeriSMS = centralized  VeriBit = centralized  VeriSend = centralized.

Centralized means it has a central point of failure which is the opposite of what a trustless distributed system aims to accomplish.

VeriCoin should stop calling itself a decentralized cryptocurrency and register as corporation and sell stocks because that's essentially how they're operating. And you think you can trust them when scams are so rampant in this space?

I'm not fudding. I'm trying to educate.

Another thing since you're saying you're simple, as if to give yourself an excuse to not do your due diligence.

PoS coins used the way this coin is being used is extremely insecure. 30% all on one wallet is worse than Ghash.Io having more 50% of bitcoins hashrate. It's not wise to store value on such a weak network. That's not fud, that is common sense.

I am a simple "mum/dad investor" and as far as I am concerned, the Devs have done an excellent job in protecting the integrity of the coins. For VRCs to be seen as a coin that we can trust by the wider community, we need to see that these fuckwit criminals can't just get away with stealing people's hard earned investments going forward...

I understand that the main reason of the rollback was to protect against the potential 51% attack and I am NOT condoning the actions of Mintpal.They should be held accountable. Those of you who've transacted after/between/during the fork should be reimbursed/honoured by Mintpal at their own expenses i.e. if they want to regain people's trust. The decision to rollback was also done with the major consent of the community (I believe 70% supported the rollback) so those of you who are FUDDING because you have nothing else better to do, perhaps its time to move on. If you have lost some coins then please take it up with MP otherwise SHUT DA FUCK UP!

[BitcoinPorn]

If you look at the history chart for VRC's staking power network-wide, there was a massive drop off of millions in weight when the hack is claimed to have happened. They didn't stake, my ass. Also, the coins were wild out of Mintpal's control for over 10 hours, exchanges were not frozen - yet they sat at the same two withdrawal addresses and did not move at all, and the fork was done the next day. What hacker do you know that wouldn't sell a single coin after stealing it? Mintpal is full of shit. This all looks much more like they lost the coins somehow, perhaps by transferring to an inaccessible address, or overwriting files they shouldn'tve - something. If they lost $2 mil USD, they were facing UK prison - so they tell the VRC devs they got hacked, Nosker is pressured to save his network against the possibility of a single majority-staker, and the userbase for both VRC and Mintpal get to scratch their heads over what the real story is behind all the shadows and bullshit.

One thing is for sure, Mintpal failed due to negligence and/or incompetence, and they're being less than honest about the details of the issue and how they operate their business. Nosker's hand was a bit forced to save his coin, considering the circumstances - but one can't help but wonder what he knew. His argument about throwing up massive sell walls on the exchanges to "help investors" doesn't make much sense to me. Wouldn't he want BTC walls to prevent the price crashing? Seems odd. Anyway, fuck Mintpal, and shame VRC got dragged into it.

Interesting theories.  I agree about the coins not being moved after being stolen is fishy as all hell.

[tigerwood0432]

FUD is over..
26 btc buy today, the chinese dude still in, whales bought all the way up to 42 last week, people are staking coins out off exchanges, chart looks healthy
  expect a new high in vrc today or tomorrow, then 300k in 3 weeks

300 k in less than 3 weeks , see 13 million coins are staking : vrcstake.ticonerd.com = and people continue to download vrc wallet (for example , i just downloaded vrc wallet and will stake my 80K vrc) . HUGE investors  on cryptsy are sync their wallet to stake . = tomorow 100K vrc

[bigc1984]

If you look at the history chart for VRC's staking power network-wide, there was a massive drop off of millions in weight when the hack is claimed to have happened. They didn't stake, my ass. Also, the coins were wild out of Mintpal's control for over 10 hours, exchanges were not frozen - yet they sat at the same two withdrawal addresses and did not move at all, and the fork was done the next day. What hacker do you know that wouldn't sell a single coin after stealing it? Mintpal is full of shit. This all looks much more like they lost the coins somehow, perhaps by transferring to an inaccessible address, or overwriting files they shouldn'tve - something. If they lost $2 mil USD, they were facing UK prison - so they tell the VRC devs they got hacked, Nosker is pressured to save his network against the possibility of a single majority-staker, and the userbase for both VRC and Mintpal get to scratch their heads over what the real story is behind all the shadows and bullshit.

One thing is for sure, Mintpal failed due to negligence and/or incompetence, and they're being less than honest about the details of the issue and how they operate their business. Nosker's hand was a bit forced to save his coin, considering the circumstances - but one can't help but wonder what he knew. His argument about throwing up massive sell walls on the exchanges to "help investors" doesn't make much sense to me. Wouldn't he want BTC walls to prevent the price crashing? Seems odd. Anyway, fuck Mintpal, and shame VRC got dragged into it.

Interesting theories.  I agree about the coins not being moved after being stolen is fishy as all hell.

Has mintpal released logs proving their story yet?

[BitcoinPorn]

Richie Lai    
@richiela
Audit complete and everything cleaned up! #VRC @BittrexExchange ... If anything is off, please open a support ticket with us.

---

Finally!  

Time to stake

[neurorit]

If you look at the history chart for VRC's staking power network-wide, there was a massive drop off of millions in weight when the hack is claimed to have happened. They didn't stake, my ass. Also, the coins were wild out of Mintpal's control for over 10 hours, exchanges were not frozen - yet they sat at the same two withdrawal addresses and did not move at all, and the fork was done the next day. What hacker do you know that wouldn't sell a single coin after stealing it? Mintpal is full of shit. This all looks much more like they lost the coins somehow, perhaps by transferring to an inaccessible address, or overwriting files they shouldn'tve - something. If they lost $2 mil USD, they were facing UK prison - so they tell the VRC devs they got hacked, Nosker is pressured to save his network against the possibility of a single majority-staker, and the userbase for both VRC and Mintpal get to scratch their heads over what the real story is behind all the shadows and bullshit.

One thing is for sure, Mintpal failed due to negligence and/or incompetence, and they're being less than honest about the details of the issue and how they operate their business. Nosker's hand was a bit forced to save his coin, considering the circumstances - but one can't help but wonder what he knew. His argument about throwing up massive sell walls on the exchanges to "help investors" doesn't make much sense to me. Wouldn't he want BTC walls to prevent the price crashing? Seems odd. Anyway, fuck Mintpal, and shame VRC got dragged into it.

See this is the entire point. People are too cool with trusting devs and believing the first story they heard blah blah.

The entire point of crypto is that you don't have to trust anyone. And then you have these Veri bagholders defending and saying they prefer that all the Veri services are centralized cuz they want have a face they can trust.

It's supposed to be open-source, distributed not closed source and under their care. I don't get how more people arent calling this crap out.  

[tigerwood0432]

Richie Lai    
@richiela
Audit complete and everything cleaned up! #VRC @BittrexExchange ... If anything is off, please open a support ticket with us.

---

Finally!  

Time to stake

Yes time to stake VRC : 50 % vrc staked : vrcstake.ticonerd.com = NO SELLERS = VRC is  going to JUPITER Even the fudders gone from the post = they went to buy vrc ahahahhaha