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

[CodeHunter]

If you were dumb enough to trust an incompetent exchange (whether you knew or not ahead of time...as there is always risk with 3rd parties) you deserve to lose your coins should that 3rd party fuck up on their responsibilities.

If crypto goes mainstream, your way of thinking will not survive.

[smoothie]

Mintpal made a bad decision to keep MOST of its users' VRC holding in their hot wallet. The VRC devs bailed out Mintpail.

The principal is the same.

Such silly smoothie posts

Mintpal got lucky that Vericoin is early on enough and the devs wanted the users to not be fucked over in this case.

So it is what the devs want. I got it.

Now we can both agree VRC operates as a dictatorship much like the Federal Reserve System. Thank you for clarifying that.

And no there isn't anything silly about my posts. They are the facts.

Facts seem silly to people who don't want to view the truth for what it is and prefer to be in denial.

[knox203]

All you fud'ers are treating the information at hand like a religious extremist. Picking and choosing only the info that matches your viewpoints, and completely disregarding everything else. Pathetic. Thank god there's an ignore button!

[cloh76]

I downloaded 1.3.3 (v1.3.3.0-g32a928e) and it has been non stop trying to sync.  Any nodes i can add or any fix?

[BitcoinPorn]

If you were dumb enough to trust an incompetent exchange (whether you knew or not ahead of time...as there is always risk with 3rd parties) you deserve to lose your coins should that 3rd party fuck up on their responsibilities.

I actually agree with you, but not at the cost of the failure of the coin itself (thus effecting all users of the coin, not just the ones using Mintpal).   Vericoin devs chose to save the coin from one user controlling too much as well as hopefully teach a huge lesson to all the users not to keep their coins on an exchange like that.

[Bobsurplus]

If you were dumb enough to trust an incompetent exchange (whether you knew or not ahead of time...as there is always risk with 3rd parties) you deserve to lose your coins should that 3rd party fuck up on their responsibilities.

If crypto goes mainstream, your way of thinking will not survive.

Crypto will go mainstream and his way of thinking will not only survive but will flourish!

[noerc]

...

It was possible to write a fork that preserves the money without making a full roll back of the blockchain. Its technically slightly more difficult, but achievable, and you would know how if you would spend more time understanding this technology instead of doing price talk all day which makes crypto look like ponzi schemes. Have fun with your market cap so you can cash out at some day into fiat because you are not interested at all in creating an international currency.

Sorry but I fail to get your point... "Have fun with your market cap so you can cash out at some day into fiat because you are not interested at all in creating an international currency." Have someone made a vested promise to create "an international currency"? They have created ALREADY, a crypto currency that, by definition, is international. It is DONE. You can trade it. You can buy stuff with it... And there's a lot of people that want to remain invested (and staking) for a long time in hopes the value gets much higher, yes (your "market cap"). Many others, want to trade it for a double, a triple... or just 20/30% at a time. Anything specifically wrong with any of this?

Like I said, I fail to see where you could possibly be going...

You can also use USD everywhere on the world, as long as the counterparty accepts it, but this doesn't make it an international currency. A currency for the whole world is only possible if no single nation or small group of people is able to manipulate it. It has to be trustless.

[BitcoinPorn]

I get it and I admire your guys passion and dedication.  But I believe you are missing a valid point, an EXCHANGE, (yes just one exchange who will probably be gone in a year or 2) was lax on security, so in order to save said exchange's financial losses you hardfork the coin.  That makes me sick honestly.  I know alot of you have vested interest in the coin, but man this isn't what crypto is about.

Yes, we all agree Vericoin is a game changer

[smoothie]

If you were dumb enough to trust an incompetent exchange (whether you knew or not ahead of time...as there is always risk with 3rd parties) you deserve to lose your coins should that 3rd party fuck up on their responsibilities.

If crypto goes mainstream, your way of thinking will not survive.

Well that is a big IF.

Currently there are avenues for crypto businesses not to be regulated if they so chose and would not need to go mainstream. But with any 3rd party there is risk. Get that through your head.

Just look at BTC-e they are anonymous and yet they run a pretty decent exchange.

My thinking has kept me from getting scammed, hacked, and swindled out of my coin holdings for 3 years now. You are preaching to the Choir.

[portice]

Gonna go on a flier here and say Smoothie isn't randomly fudding an alt coin and has valid points.  Just saying that the you guys could not have made a worst decision in my opinion.

[jtbcoins]

but you chose to bail out mintpal.

The devs chose to not have early users of Vericoin have their coin stolen.

The devs chose to act as a central banker would.

ANTI-CRYPTO is what Vericoin is.

Vericoin is the Paypal of Crypto.

Vericoin devs = Ben Bernanke!

FIAT monetary systems cannot be directly compared to crypto. They have similarities, but are still two different worlds. More importantly the devs were forced into a corner. The only other option was to leave the chain as is and allow one individual to have 8M coins. If that person were to stake 8M coins, they would then control the chain and can double-spend (51% attack). VRC would be dead.

I don't think you're considering the entire situation.

Yes they can both be compared to each other.

When a Crypto coin like Vericoin decides (through its developers) to roll back the block chain because an incompetent exchange (Mintpal) fucked up on its security procedures you can find similarities in the two.

The Federal Reserve bailed out Big banks that made bad decisions in 2008.

Mintpal made a bad decision to keep MOST of its users' VRC holding in their hot wallet. The VRC devs bailed out Mintpail.

The principal is the same.

VRC users may as well use the legacy banking system or PayPal. There is no difference in principal.

A bailout creates money out of thin air, which is the problem. A roll back is not creating money out of thin air. Think a little harder

[ItsNotMe]

If you were dumb enough to trust an incompetent exchange (whether you knew or not ahead of time...as there is always risk with 3rd parties) you deserve to lose your coins should that 3rd party fuck up on their responsibilities.

I actually agree with you, but not at the cost of the failure of the coin itself (thus effecting all users of the coin, not just the ones using Mintpal).   Vericoin devs chose to save the coin from one user controlling too much as well as hopefully teach a huge lesson to all the users not to keep their coins on an exchange like that.

You mean...MintPal was "too big to fail".

[barabbas]

and just like that I hate him again

You hate too easy. Well, actually you mostly hate everything that disagrees with your extremely narrow perceptions. Ignorance and lack of maturity, evidently.

Chosen ignorance, for the most part, in your specific case.

Way too old for your proverbial "wall-to-wall counseling", so I'd let you just be.

[7vpo]

Where 1.3.3 ?

Please give download link.

i downloaded mine from vericoin.info site. perhaps, clear you cache?

Or open site in different browser and try again

I got 1.3.3 from official site fine.

Wallet not sync

[BitcoinPorn]

Mintpal made a bad decision to keep MOST of its users' VRC holding in their hot wallet. The VRC devs bailed out Mintpail.

The principal is the same.

Such silly smoothie posts

Mintpal got lucky that Vericoin is early on enough and the devs wanted the users to not be fucked over in this case.

So it is what the devs want. I got it.

Now we can both agree VRC operates as a dictatorship much like the Federal Reserve System. Thank you for clarifying that.

And no there isn't anything silly about my posts. They are the facts.

Facts seem silly to people who don't want to view the truth for what it is and prefer to be in denial.

Vericoin developers gave users the option to join a new blockchain that rolled back the part where someone stole the $2 million worth of coin.  We all here had the choice to not do this.  Exchanges had the choice to not participate.  etc etc.   The majority of people voted with their wallets on this decision, this choice probably will not be something possible later in the life of the coin.  It was an opportunity to make right of a shitty situation.  Just the facts.   You are in denial that people live happily thinking about and using digital currencies in a different way than you lol.

[Bobsurplus]

Where 1.3.3 ?

Please give download link.

i downloaded mine from vericoin.info site. perhaps, clear you cache?

Or open site in different browser and try again

I got 1.3.3 from official site fine.

Wallet not sync

Who cares if the wallet wont sync.. You'll just have to re-download it again after the next theft.

What a JOKE this coin has become!

[portice]

I get it and I admire your guys passion and dedication.  But I believe you are missing a valid point, an EXCHANGE, (yes just one exchange who will probably be gone in a year or 2) was lax on security, so in order to save said exchange's financial losses you hardfork the coin.  That makes me sick honestly.  I know alot of you have vested interest in the coin, but man this isn't what crypto is about.

Yes, we all agree Vericoin is a game changer

Thank you for not quoting me out of context and I would agree that is a game changer in a different aspect (not in a positive light btw).

[smoothie]

I get it and I admire your guys passion and dedication.  But I believe you are missing a valid point, an EXCHANGE, (yes just one exchange who will probably be gone in a year or 2) was lax on security, so in order to save said exchange's financial losses you hardfork the coin.  That makes me sick honestly.  I know alot of you have vested interest in the coin, but man this isn't what crypto is about.

Yes, we all agree Vericoin is a game changer

Yes I agree. The game has been changed to Monopoly by Parker Brothers. i.e the Federal Reserve System.

[BitcoinPorn]

If you were dumb enough to trust an incompetent exchange (whether you knew or not ahead of time...as there is always risk with 3rd parties) you deserve to lose your coins should that 3rd party fuck up on their responsibilities.

I actually agree with you, but not at the cost of the failure of the coin itself (thus effecting all users of the coin, not just the ones using Mintpal).   Vericoin devs chose to save the coin from one user controlling too much as well as hopefully teach a huge lesson to all the users not to keep their coins on an exchange like that.

You mean...MintPal was "too big to fail".

Nope, I meant what I said.

Mintpal had way too many of the coins imo, they fucked things up for Vericoin on many levels.   But they are just one exchange, it might be Bittrex next.  Or cryptsy.  Or etc.  Centralized exchanges do need to be either tightened or not used.

[CodeHunter]

operates as a dictatorship

ALL the Vericoin users wanted the rollback.

If you were dumb enough to trust an incompetent exchange (whether you knew or not ahead of time...as there is always risk with 3rd parties) you deserve to lose your coins should that 3rd party fuck up on their responsibilities.

If crypto goes mainstream, your way of thinking will not survive.

Crypto will go mainstream and his way of thinking will not only survive but will flourish!

Only in your little aspie bubble. Coin theft on such a scale scares the mainstream away. But you think otherwise because you're an aspie.