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

[BitcoinPorn]

if you look on exchange coin is not dead, what u blabering dude, u dont any coins this is problem!

Please go to https://bitcointalk.org/index.php?action=profile;u=310074;sa=ignprefs and add these names to your list -

Bobsurplus
keshuker
ItsNotMe

[jtbcoins]

Bobsurplus is a scammer. He stole 22btc.

https://bitcointalk.org/index.php?topic=639835.msg7226809#msg7226809

Lol i wonder if anyone is still listening to the bobsurplus troll. He has been fully exposed and proved to be the dcm  scammer. He admitted to scam dcm community out of his 22 btc ipo. Anyone who wants proof its all in this thread or you can pm me.

Harmony team is the most honest team out there . This trolling has no more effect lol.

You can troll me all you want.... Please Continue!

Ill never troll someone who's not an hypocrite and a scammer. You admitted to steal the dcm community of 22 btc. You are only a troll on this forum.

Once again if anyone follow this troll make sure you know his past. You have nothing on the harmony devs your simple a scammer.
Every proofs are out there get lost.

You're crazy man.. I never admitted to something I did not do.. I was asked to tke care of marketing so I spent the funds on that.. I assume at some point the campaign will start. I am o scammer. Thant's a blatant lie!

Sure  as soon as i get home ill rem8nd you of what you wrote.

Lol your trying to make people believe you spent 14000$ on a marketing campaign when dcm had barely even launched?

Im laughing hard about your lies.

EDIT: I am now home here's what you wrote https://bitcointalk.org/index.php?topic=639835.msg7190999#msg7190999
A blatant lie right...

So please move your trolling away it is pretty useless at this point.

Bobsurplus
lol, that coin put 22 btc in my pocket more in my pocket then I believe you raised in your whole IPO...

LMAO,,,hahahhaha

[cryptoholic11]

Guys read BOBSURPLUS trust comments before taking him seriously. Obvious troll....

[mrkavasaki]

it is simple.... people will pretend to support a dead coin and when they are telling you to buy, that means they are selling  

don't fall for it ,this coin is dead

[Taner]

it is simple.... people will pretend to support a dead coin and when they are telling you to buy, that means they are selling  

don't fall for it this coin is dead

Dead? Check here : http://vrcstake.ticonerd.com/

[CodeHunter]

blah blah blah

BlackCoin is the dead coin. Yet you baghold it.

[lucates]

it is simple.... people will pretend to support a dead coin and when they are telling you to buy, that means they are selling  

don't fall for it ,this coin is dead

DEAD coin ? Dead coin is DOGE and LTC not VRC.

 

[nvminer]

Today read coindesks article about Vericoin, and lee's comment on it:



In lite of what happened with Vericoin recently (http://www.coindesk.com/bitcoin-protected-vericoin-stolen-mintpal-wallet-breach/), I just wanted to make this clear. As developers of a decentralized crypto-currency, it is our duty to make sure that the network is secure and that Litecoin functions well as a easy-to-use and efficient currency. It is not in our rights to decide which coins belong to whom. The rules are set forth since the genesis block and cannot be changed. If a theft happens on top of the network, the developers will not fork the coin to reverse any transactions. It is up to the market to decide on how to handle the theft.
That said, Vericoin developers were put in a bad position. Vericoin is a proof of stake coin, so the thief will actually have a lot of stake and can further attack the coin. So the Vericoin devs almost had to do this to prevent future attacks on the coin. This is why I don't believe PoS is a viable alternative to PoW.

Also read comments from the readers of the coindesk article and see majority is against this roolback, I quote a few:

1. Neurorit • a day ago

Appropriately many in this space are starting to refer to VeriCoin as the Paypal of the alts. This actually suites the coin well as every one of its services are centralized and require you to trust the developers to use. They even are talking about rolling out a wallet that allows you to load it directly with fiat. Sounds just like Paypal if you ask me.

If the VeriCoin developers want to employ functionality in this manner then they should do the right thing and incorporate and call themselves a business. Because when they operate in this manner under the pretense of something they're not (a decentralized crypto currency) they're essentially opperating as a scam.

They are not decentralized in most senses. Even their network. Having 30% of the total coin supply on one exchange is infinitely worse than Ghash.Io having more than 50% of the hashing power. People need to wake up about PoS. It's not secure the majority of ways it's being used. We're likely going to see more of this ahead.

One obvious redflag with this entire project is the lack of decentralization accompanied with the overuse and misuse of the word decentralization by the dev team. It's quite the joke when you think about it.



2.Now we see one big problem of new coins is that they have not had the time to be adopted so few hold many making it easier to be centralized. We will see the divide between people who believe forking in this situation is good and those who would never fork no matter what. I feel bad for the devs as it was mintpals fault. The devs are damned if they fork and damned if they dont.



3.This is 1st in crypto currency charge back(roll back )... it was for "greater good" but all small manipulation movements are started from greater good... save children - censor internet... save Wrold attack Iraq they have dangerous weapon... an so on... such situation open door for manipulations on high scale. This event broken unnamed rule transactions are irreversible in crypto... No responsibility for all parties at the and at all...
I know they saved exchange and investments of people but it costed reputtacon of all coins...



4. WTF 1: The hacker used an SQL injection attack to access the database. But only the wallet was affected, not the database. Come again?

WTF 2: “We also didn’t want one individual with the ability to 51% attack”. MintPal was already such an entity. But when it was MintPal it was ok?

5. They only did what any Central bank would have done to protect his money. Oh wait ...!




6. I am so happy that Big Brothers (VRC dev & Mintpal) were there to fix things up...

Doesn't it feel like 1984?

Or was it Lehman Bros and the US gov in 2008?




7. I also feel like a hard-fork to fix it totally invalidates Vericoin completely.

So every time someone does something bad, they will just hit the reset button?




As a conclusion, this is the opinions from community outside the Vericoin, and it seems majority are against the way Vericoin team handled the issue. I don't know what to say, honestly, I am also against the way of handling because the impact is detrimental in the long term, just like what Lee mentioned, however, due to the Vericoin teams' non-through thinking, they chose this bad route, perhaps they want to protect their own money and profit. I hope the Vericoin team can give the cryptocurrency community an explanation.

[EtherCoin]

@nvminer

Yes, as you said, all the comments are from people that do not hold the coin, that do not trade the coin, and do not care about the coin.

Therefore, I personally do not give a royal shit about what their opinion is.

I will keep investing on this coin as far as I see the devs doing good and the coin holding value, no more no less, and the moment of dumping VRC has not even remotely arrived.

Thanks for your post.

Eth.

[phzi]

it is simple.... people will pretend to support a dead coin and when they are telling you to buy, that means they are selling  

don't fall for it ,this coin is dead

DEAD coin ? Dead coin is DOGE and LTC not VRC.

 

Because having a significantly higher market cap and significantly higher daily trading volume means LTC is dead... ya... that makes sense.

I hope the people that read this thread and actually have half a brain clue in to how pathetically self-selving and overtly foolish the VRC supporter's comments are.  Just look at how they attack LTC just because one of the developers expressed his opinion about how a distributed network should remain distributed.

The trolling in this thread by VRC bag holders is just sad.

[CodeHunter]

Vericoin is still in its enfancy and needs to be coddled, and it has a market cap of only 6 million.

Yet everyone is talking about it.

[phzi]

@nvminer

Yes, as you said, all the comments are from people that do not hold the coin, that do not trade the coin, and do not care about the coin.

Therefore, I personally do not give a royal shit about what their opinion is.

I will keep investing on this coin as far as I see the devs doing good and the coin holding value, no more no less, and the moment of dumping VRC has not even remotely arrived.

Thanks for your post.

Eth.

Coblee, the LTC developer, has stated that he holds a not insigificant amount of VRC. Coblee is a VRC investor, but he's also smart enough to understand how poor the VRC developer's choice was to rollback the blockchain.

There are plenty of investors and holders that believe the MintPal bailout was a horrible choice.  Check your facts before spewing nonsense.

[mrkavasaki]

@nvminer

Yes, as you said, all the comments are from people that do not hold the coin, that do not trade the coin, and do not care about the coin.

Therefore, I personally do not give a royal shit about what their opinion is.

I will keep investing on this coin as far as I see the devs doing good and the coin holding value, no more no less, and the moment of dumping VRC has not even remotely arrived.

Thanks for your post.

Eth.

you telling  to buy, but i bet that means you are selling  

[phzi]

Vericoin is still in its enfancy and needs to be coddled, and it has a market cap of only 6 million.

Yet everyone is talking about it.

Everyone is talking about how it can't be trusted, and how this clearly demonstates how insecure proof of share blockchains are.

[phzi]

@nvminer

Yes, as you said, all the comments are from people that do not hold the coin, that do not trade the coin, and do not care about the coin.

Therefore, I personally do not give a royal shit about what their opinion is.

I will keep investing on this coin as far as I see the devs doing good and the coin holding value, no more no less, and the moment of dumping VRC has not even remotely arrived.

Thanks for your post.

Eth.

you telling  to buy, but i bet that means you are selling  

Ding ding ding!  Anybody telling you to buy buy buy is most likely a bagholder hoping to get their sell order filled before MintPal resumes and the market tanks.

[EtherCoin]

Coblee, the LTC developer, has stated that he holds a not insigificant amount of VRC. Coblee is a VRC investor, but he's also smart enough to understand how poor the VRC developer's choice was to rollback the blockchain.

There are plenty of investors and holders that believe the MintPal bailout was a horrible choice.  Check your facts before spewing nonsense.

First things first, my post is in response of the comments of the Coindesk article, and anyway, if not an insignificant amount of VRC would have been dumped, the price of the coin would have been damaged way more, therefore even if some guys supposedly holding big bags have whined online, they haven't released their holdings. Why?

It's you who should check the facts a bit further than the first glance, captain obvious.

Eth.

[bitsterr]

@nvminer

https://www.youtube.com/watch?v=1PkqNcVD0YI

This video is the most detailed info about the situation you can get.
Not sure why people make an account just to come in this one thread.
Not sure why people on here are arguing when we all no we can never change each others minds.
People who dont like it are not going to buy the coin. Everyone else will buy it.

[Taner]

@nvminer

Yes, as you said, all the comments are from people that do not hold the coin, that do not trade the coin, and do not care about the coin.

Therefore, I personally do not give a royal shit about what their opinion is.

I will keep investing on this coin as far as I see the devs doing good and the coin holding value, no more no less, and the moment of dumping VRC has not even remotely arrived.

Thanks for your post.

Eth.

you telling  to buy, but i bet that means you are selling  

Ding ding ding!  Anybody telling you to buy buy buy is most likely a bagholder hoping to get their sell order filled before MintPal resumes and the market tanks.

Bittrex, cryptsy and polo is already open for trading. No need to MintPal for dump. Over 50% coin in stake. http://vrcstake.ticonerd.com/

[cryptodevil]

Everyone is talking about how it can't be trusted, and how this clearly demonstates how insecure proof of share blockchains are.

Then, by that measure, 'everyone' is a misinformed idiot. The Bitcoin blockchain has been rolled back in its early history, too, but people didn't start screaming about teh injustice of it all and that it couldn't be trusted and, as has been pointed out numerous times, VRC is still a decentralised currency, if the majority of wallet holders didn't agree to the rollback then Pat and Mintpal would have found themselves sitting alone on their own little fork.

How does this issue relate to a PoS weakness?

BTW, VRC has value-added services which, at this time, are centralised, it doesn't mean to say that people don't value them or find them extremely useful. This rabid hysteria against VeriBit or VeriSend is absurd considering the naysayers are more than happy to use centralised point-of-sale webs services for transactions involving bitcoin.

[CodeHunter]

@phzi

Bittrex has about half of the VRC volume that Mintpal had on average, and Bittrex is not tanking, it seems to have bottomed.

Poloniex aswell.