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

[ofp]

So 5 million VRC is about to be redistributed back to vrc traders...? Or already has been.. hmmm


Was pretty impressed vrc price was holding up, but if it was due to a very muted supply ( as in 5 mil coins being tied up ) Well it makes you look at the market trading a little different.

Traders are sitting on the sideline waiting real trading to resume... I believe this is only going to happen once MP relists VRC which will happen after they distribute all coins and pay for the damages (some $4K)

[virtuallann]

So what exchanges are have open trading currently on VRC?

[ofp]

So what exchanges are have open trading currently on VRC?

BitTrex and Poloniex, trading around 50K VRC/hour

[chunkyjunkie]

So what exchanges are have open trading currently on VRC?

Cryptsy also trading vrc. Think Bittrex might actually have the most volume though for vrc atm.  Strange.

[amesterdamer]

PDF here: http://www.filedropper.com/mandatory-update133

[barabbas]

More than 13 millon coins staking, omg.

omg as in "worrysome" or omg as in "good" (assuming you meant MILLION, not "millon", of course...?

That's half the float... MP alone has another 8 million -as we have painfully just found out, so that leaves only another 4 million and change for the other exchanges and for actual USE...

I'd say "worrysome" applies more than anything, what do you think?

[socal]

I have it with my mac. Downloaded the bootstrap and placed it with wallet.dat and vericoin.conf. Start the wallet but it hangs for ages now on importing bootstrap. Hope it all comes well.

My wallet has come up after half an hour, but it hangs at block 108839

you need to uninstall all old VRC stuff before installing new wallet

[barabbas]

Ok - not here to flame or fud - rather i just want to ask a question.

I've been out last night.. and I missed the google hangout. Did it go ahead? Were the answers satisfactory? What was the overall sentiment afterwards?
I know some of you will be unhappy no matter what was said.
I'm looking for some balanced views.. no screaming or fud!

Would be great if one of you could give me a quick update.

I would love to update you but because of the whole hack fiasco no the hangout did not occur and you shoulda come to the IRC chan for some answers because our poor lil thread here has been hijacked by smoothie and his merry band of FUDfags

That would be great... except that the IRC is CENSORED and therefore no real discussion with opposing views can take place there. That is the ONLY reason why VRC has not been listed in THE WALL OF HONOR.

And, by the way, rather than engaging the so-called "fudsters" here, and therefore facilitate their tasks, most wise people is simply ignoring them, either by not reading their posts or by actually hitting the "ignore" button, which makes the thread much more readable to them.

To go to a censored channel to avoid counterpoints -and fudsters, admittedly plenty of them in the last couple of days-, is not a solution at all, it's sharing a joint, so to speak, between fanboys rather.

[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.

extremely narrow perceptions eh, nah I just hate liars, thieves, and manipulators. unfortunately that sums up about half of the crypto population at this point in time which, while sad, is unequivocally true.  

I love how YOU one of the WORST liars and manipulators in our crypto world are trying to lecture ME. HAH! by the way was it your ass on the firing line asshole? did YOU sacrifice 6 years of your life, your marriage (to be fair it woulda died anyway she was a slut), your social life, and have to watch buddies die? No? I DIDN'T FUCKING THINK SO. So yes I actually EARNED the RIGHT to hate who and what I want for whatever reasons I want, it's just disgusting that I did all of that so assholes like you get to sit at home behind your little keyboard and get rich off of scamming and manipulating your crypto brethren.  We have a saying in the military for what happens to shitbags like you, it's called blue-on-blue.

As usual, Will, you don't have the slightest idea what you are talking about or, more precisely, who you are talking too. But nothing can be done about chosen ignorance or raw stupidity.

And please spare people here more details of your personal life,  the stupidities that you post every half an hour are pathetic enough.

awww I love you too IE, and who you are? LOLOL like you are supposed to scare me? c'mon try harder, theres been bigger men than you with much bigger guns than you have threaten me and guess what, I'm still here. I would LOVE for you to come see me and back up your thinly veiled threats, but no you won't cause all you are is talk I put up where I live so come and see me if you are such a billy badass.

Well that's precisely the point, numbnuts, that I am not even remotely who you choose to think I am. As for IE, I don't believe he would be interested in your "wall-to-wall counseling" either, he doesn't seem to be physically framed that way, but I wouldn't know. You see, IE is as far away from me, both racially, physically and philosophically as one can be ... withing the US. And yet, you choose to believe, numbnuts that you are, that we are the same person. Oh well, ask me if I give a fuck.

Or anyone else, for that matter.

[barabbas]

PRICE IS FALLING

I know fan boys would find all kinds of excuses, of course, when, in reality, it is a simple logical -and I'd say temporarily at least, inevitable reaction-, but the truth is clear: Price is falling significantly in Bittrex. Currently around 32k which is roughly 22% from where it was before trading was initially halted. And, as far as Bittrex goes, or quite high volume during the last 24 hours.

I would imagine that a lot of people is wanting out right now for two reasons: One, to stay away and protect their investments until the smoke clears out and Two, because even if they still believe in VRC, as most do, they expect to have the opportunity to buy back in cheaper. It is absolutely normal and, again, I'd say inevitable.

Longer term? I am quite sure VRC will greatly benefit from the events we have just lived through and the mainstream reaction will start to be hinted at after the coming Chicago show over the weekend.

It would be quite nice if a hangout could be organized BEFORE the weekend to clear the air for the community as soon as possible, though. I hope it will happen.

[ScottAllyn]

More than 13 millon coins staking, omg.

omg as in "worrysome" or omg as in "good" (assuming you meant MILLION, not "millon", of course...?

That's half the float... MP alone has another 8 million -as we have painfully just found out, so that leaves only another 4 million and change for the other exchanges and for actual USE...

I'd say "worrysome" applies more than anything, what do you think?

I wouldn't call it worrisome at all. The fact that there are 13 million staked coins implies that there are quite a few other coins that are currently maturing for staking (or on cooldown). In my own case, at this very moment, only about 1/10th of my coins are staking while the rest are on cooldown. Add in all of those extra coins and the number of coins that have been committed to staking is pretty impressive.

MintPal is currently down to about 6 million from the original 8 million.

[clovis A.]

I need some clarification on something please......  In my wallet, I have two addresses total.  The first address (VGiycsx1phY9ekeMNbzCHpY2TtXAzNGd4C) had just over 28k coins in it.  Second address (VRzsNTFi2bitgQ5fu96tB1ihFrfAxtJPox) had only 3.44 coins in it. So, I tried to transfer the 3.44 coins from (VRzsNTFi2bitgQ5fu96tB1ihFrfAxtJPox) to (VGiycsx1phY9ekeMNbzCHpY2TtXAzNGd4C) so all my coins would be under one address.  What happened though is what I don't quite understand.  Fyi, I'm using Chainz to track this. Looks like the 3.44 coins stayed in the same address, but 1096 coins went to (VF9S9seoip7jvZfeDbj5P1kyNAiUG89bvd) which is an address that I don't have in my wallet. My balance, from within the wallet, isn't showing that I'm missing 1096 coins but Chainz is showing them in the new address (VF9S9seoip7jvZfeDbj5P1kyNAiUG89bvd).  Why did this happen and did these 1096 coins just go somewhere they can't be retrieved?  This fork thing has made me want to dig a little deeper into understanding all of this.  Any explanation would be greatly appreciated.

[Reavon]

I need some clarification on something please......  In my wallet, I have two addresses total.  The first address (VGiycsx1phY9ekeMNbzCHpY2TtXAzNGd4C) had just over 28k coins in it.  Second address (VRzsNTFi2bitgQ5fu96tB1ihFrfAxtJPox) had only 3.44 coins in it. So, I tried to transfer the 3.44 coins from (VRzsNTFi2bitgQ5fu96tB1ihFrfAxtJPox) to (VGiycsx1phY9ekeMNbzCHpY2TtXAzNGd4C) so all my coins would be under one address.  What happened though is what I don't quite understand.  Fyi, I'm using Chainz to track this. Looks like the 3.44 coins stayed in the same address, but 1096 coins went to (VF9S9seoip7jvZfeDbj5P1kyNAiUG89bvd) which is an address that I don't have in my wallet. My balance, from within the wallet, isn't showing that I'm missing 1096 coins but Chainz is showing them in the new address (VF9S9seoip7jvZfeDbj5P1kyNAiUG89bvd).  Why did this happen and did these 1096 coins just go somewhere they can't be retrieved?  This fork thing has made me want to dig a little deeper into understanding all of this.  Any explanation would be greatly appreciated.

those coins you see passing by your adress arnt you coins.
I doesnt have to do anything with the hardfork its more like how the blockchainz works.

What you see there is summery of the coin flow and the calculation of the Blockchain because at the end of every block you will still have the legit amount of coins point on your wallet.

Edit: pls correct me if iam wrong i am not an expert!

[barabbas]

More than 13 millon coins staking, omg.

omg as in "worrysome" or omg as in "good" (assuming you meant MILLION, not "millon", of course...?

That's half the float... MP alone has another 8 million -as we have painfully just found out, so that leaves only another 4 million and change for the other exchanges and for actual USE...

I'd say "worrysome" applies more than anything, what do you think?

I wouldn't call it worrisome at all. The fact that there are 13 million staked coins implies that there are quite a few other coins that are currently maturing for staking (or on cooldown). In my own case, at this very moment, only about 1/10th of my coins are staking while the rest are on cooldown. Add in all of those extra coins and the number of coins that have been committed to staking is pretty impressive.

MintPal is currently down to about 6 million from the original 8 million.

I don't think you got my meaning at all... I find worrysome that SO MANY coins are in fact staking already, not to mention the many more that are in cool down status. VRC, in order to be successful, has to be widely available for trading and for purchasing of goods. Staking is hoarding and would signal, if in excessive amounts (and those 13 million plus the cooling down ones ARE excessive) to total lack of liquidity... which would be extraordinarily worrysome.

I hope that number decreases very quickly and full liquidity returns to the trading markets and the availability for purchasing when VRC returns to normal.

[sdmathis]

PRICE IS FALLING

I know fan boys would find all kinds of excuses, of course, when, in reality, it is a simple logical -and I'd say temporarily at least, inevitable reaction-, but the truth is clear: Price is falling significantly in Bittrex. Currently around 32k which is roughly 22% from where it was before trading was initially halted. And, as far as Bittrex goes, or quite high volume during the last 24 hours.

I would imagine that a lot of people is wanting out right now for two reasons: One, to stay away and protect their investments until the smoke clears out and Two, because even if they still believe in VRC, as most do, they expect to have the opportunity to buy back in cheaper. It is absolutely normal and, again, I'd say inevitable.

Longer term? I am quite sure VRC will greatly benefit from the events we have just lived through and the mainstream reaction will start to be hinted at after the coming Chicago show over the weekend.

It would be quite nice if a hangout could be organized BEFORE the weekend to clear the air for the community as soon as possible, though. I hope it will happen.

Actually, I'm surprised that the price has stayed in the 30s. I expected a more significant drop in price and then a recovery.

The hangout is scheduled for tonight at 10pm Eastern time.

[clovis A.]

I need some clarification on something please......  In my wallet, I have two addresses total.  The first address (VGiycsx1phY9ekeMNbzCHpY2TtXAzNGd4C) had just over 28k coins in it.  Second address (VRzsNTFi2bitgQ5fu96tB1ihFrfAxtJPox) had only 3.44 coins in it. So, I tried to transfer the 3.44 coins from (VRzsNTFi2bitgQ5fu96tB1ihFrfAxtJPox) to (VGiycsx1phY9ekeMNbzCHpY2TtXAzNGd4C) so all my coins would be under one address.  What happened though is what I don't quite understand.  Fyi, I'm using Chainz to track this. Looks like the 3.44 coins stayed in the same address, but 1096 coins went to (VF9S9seoip7jvZfeDbj5P1kyNAiUG89bvd) which is an address that I don't have in my wallet. My balance, from within the wallet, isn't showing that I'm missing 1096 coins but Chainz is showing them in the new address (VF9S9seoip7jvZfeDbj5P1kyNAiUG89bvd).  Why did this happen and did these 1096 coins just go somewhere they can't be retrieved?  This fork thing has made me want to dig a little deeper into understanding all of this.  Any explanation would be greatly appreciated.

those coins you see passing by your adress arnt you coins.
I doesnt have to do anything with the hardfork its more like how the blockchainz works.

What you see there is summery of the coin flow and the calculation of the Blockchain because at the end of every block you will still have the legit amount of coins point on your wallet.

Edit: pls correct me if iam wrong i am not an expert!

There are 1096 coins missing from my address (VGiycsx1phY9ekeMNbzCHpY2TtXAzNGd4C) on Chainz though.  28k coins has turned into 26917 coins, looking at Chainz

[barabbas]

PRICE IS FALLING

I know fan boys would find all kinds of excuses, of course, when, in reality, it is a simple logical -and I'd say temporarily at least, inevitable reaction-, but the truth is clear: Price is falling significantly in Bittrex. Currently around 32k which is roughly 22% from where it was before trading was initially halted. And, as far as Bittrex goes, or quite high volume during the last 24 hours.

I would imagine that a lot of people is wanting out right now for two reasons: One, to stay away and protect their investments until the smoke clears out and Two, because even if they still believe in VRC, as most do, they expect to have the opportunity to buy back in cheaper. It is absolutely normal and, again, I'd say inevitable.

Longer term? I am quite sure VRC will greatly benefit from the events we have just lived through and the mainstream reaction will start to be hinted at after the coming Chicago show over the weekend.

It would be quite nice if a hangout could be organized BEFORE the weekend to clear the air for the community as soon as possible, though. I hope it will happen.

Actually, I'm surprised that the price has stayed in the 30s. I expected a more significant drop in price and then a recovery.

The hangout is scheduled for tonight at 10pm Eastern time.

Thank you for the info on the hangout.

I believe the more significant drop will happen when the scared shitless traders get their coins back from MintPal. That would be the logical initial reaction, I think.

[drkman]

Just noticed 5 million+ vrc was transferred a few blocks back, hope someone hasn't been hacked into again.

That's down from 8M. It's Mintpal's coins they are distributing back to the owners now. Go backwards through the chain and you can see them distributing it.

I would like to give a big thank you to the VRC Dev team and the Dogecoin guy for so brilliantly making things right.  You guys not only saved Mintpal and everyone who had any type of crypto on that exchange but you also saved Vericoin from a 51% attack that would have assuredly killed the coin.  And I don't think you should even say that you will never do this again.  I think every criminal thief out there will think twice about stealing Vericoins now, because now we have proven that justice can be served in crypto.  Next we just have to get a better way of catching the criminals and sending them to jail too.  

p.s. Everyone please keep moving your coins off Mint and into your wallet.  Learn the practice of only putting your coins on an exchange for a few minutes when you need to exchange them.  Then right back to your wallet.  This will reduce your odds of getting MintGox'd by atleast 1000X.  It will also at the same time reduce the chances of the exchange getting targeted in the first place and will secure the entire Vericoin network from anyone planning a 51% attack.  Think of it as your duty.

[sdmathis]

PRICE IS FALLING

I know fan boys would find all kinds of excuses, of course, when, in reality, it is a simple logical -and I'd say temporarily at least, inevitable reaction-, but the truth is clear: Price is falling significantly in Bittrex. Currently around 32k which is roughly 22% from where it was before trading was initially halted. And, as far as Bittrex goes, or quite high volume during the last 24 hours.

I would imagine that a lot of people is wanting out right now for two reasons: One, to stay away and protect their investments until the smoke clears out and Two, because even if they still believe in VRC, as most do, they expect to have the opportunity to buy back in cheaper. It is absolutely normal and, again, I'd say inevitable.

Longer term? I am quite sure VRC will greatly benefit from the events we have just lived through and the mainstream reaction will start to be hinted at after the coming Chicago show over the weekend.

It would be quite nice if a hangout could be organized BEFORE the weekend to clear the air for the community as soon as possible, though. I hope it will happen.

Actually, I'm surprised that the price has stayed in the 30s. I expected a more significant drop in price and then a recovery.

The hangout is scheduled for tonight at 10pm Eastern time.

Thank you for the info on the hangout.

I believe the more significant drop will happen when the scared shitless traders get their coins back from MintPal. That would be the logical initial reaction, I think.

You might be right. It's going to be interesting.

[mozurt]

mintpal will re-adding vrc ?