altcoinUK
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July 24, 2014, 01:10:33 PM |
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Are the serious investors really worried about the price? This coin is only a few months old.... Bitcoin didn't shoot up to 8 billion marketcap in 2 months. Come on guys...
you make me laugh, 99.9% alt coin has several days lifetime, pump-> dump -> dead, or dump->dead many people like compare bitcoin with altcoin, are you out of mind? even ltc is not in position to compare with btc, look the price of ltc . I think you are not right, there is a place for alt coins, especially that implements a decentralized aka blockchain 2 feature. Bitcoin is great, but there is a market gap for coins that support smart contracts and decentralized apps. And yes, 99% of the altcoins are P&D and will disappear, but vericoin that has a transparent dev team is in the 1% that have at least the chance to succeed. If the devs continue to develop the coin, if they develop the right feature then Vericoin will be fine. In the meantime price goes down and up, but that's the nature of this thing.
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leckey
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July 24, 2014, 01:19:57 PM |
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BTC Had a rollback in 2010 and look at it now, please people do not listen to the FUD Bobsurplus is spewing all over the forum. If you have concerns please post on Veritalk.info and get real anwsers if you would like to continue watching the FUD entertainment then please stay, I think I heard somewhere that FUD is sometimes good for a coin.. any thoughts ?
This is such bullshit... You cannot compare the hard-fork that bitcoin devs and miners initiated to fix a PROTOCOL FLAW back in 2010 with VeriCoin dev's decision to bail out an exchange. God... some people are just so ignorant it's sad. It's not FUD if it's true - it's a warning. The community that fought for their coin and fought against the theft of $2 million dollars worth of investors money.
Hmmmm.....
You mean the community that was stupid enough to have 30% of a coin on one exchange? Rather than MintPal pay everyone back, they leaned on the devs to rollback the chain. It is disgraceful that the devs even considered it - period. They didn't do it to bail out an exchange. That was a symptom of the rollback, designed to save the coin from certain death. 7.5mill staking at time of attack vs 8 million stolen. Coin is dead if they don't roll back. There is an argument to "let it die then" on philosophical grounds, but they made the only decision possible for a coin with a $6million economy at the time. So if you and your friends want to "spread the truth about vericoin" or whatever reason you choose to believe to validate you posting here every 2 minutes - spread the one I've just explained to you.
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pb2014
Newbie
Offline
Activity: 32
Merit: 0
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July 24, 2014, 01:23:06 PM |
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Are the serious investors really worried about the price? This coin is only a few months old.... Bitcoin didn't shoot up to 8 billion marketcap in 2 months. Come on guys...
you make me laugh, 99.9% alt coin has several days lifetime, pump-> dump -> dead, or dump->dead many people like compare bitcoin with altcoin, are you out of mind? even ltc is not in position to compare with btc, look the price of ltc . but I sincerely hope VRC is one of decent coins like drc xc bc You make me laugh. Don't ever compare Vericoin to DRK, XC ,and BC. Seriously Blackcoin? what a joke of a name. I'm not even hating I just think its a funny name to begin with. As for DRK and XC they are going to target mainly criminals and it's going to give crypto a bad name. It goes like this. 1. Bitcoin 2. Litecoin (maybe Vericoin) 3. Vericoin You only need top three anything else after that doesn't matter.
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setup
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July 24, 2014, 01:32:00 PM |
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I hope we don't see VRC in the LTC market soon
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FryguyUK
Legendary
Offline
Activity: 801
Merit: 1000
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July 24, 2014, 01:33:38 PM |
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I hope we don't see VRC in the LTC market soon In the LTC market lol. The imcompetance here is magic
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setup
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July 24, 2014, 01:39:41 PM |
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I hope we don't see VRC in the LTC market soon In the LTC market lol. The imcompetance here is magic You're right! Losing a few thousand Euro in two weeks isn't very competent!
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brightlight
Legendary
Offline
Activity: 1288
Merit: 1000
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July 24, 2014, 02:04:53 PM |
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This is it! I don't understand, what VRC did so bad to get such doomed momentum. Anyway, it is a crypto world, where amazing gains and declines are evident. Badly developed coins, which even have no devs receive 100+ percent price grows. VRC is attacked by massive FUD. I am holding, what I have, be it going to near zero. I have no faith in day trading anymore, I am burned by those filthy actions around.
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chunkyjunkie
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July 24, 2014, 02:14:39 PM |
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Well with the new price level I might suggest the devs start to deploy some more of their talent in another area.
I know Veripool was on the back burner when the vrc price was in the 5's but here now it makes more sense to put more resources into it.
A lot of people might not have extra btc around to support the price but they have a lot of hashing, we should take advantage of that.
I can say we again, as I started nibbling today at 17. The risk/reward is starting to look very tempting to me and I assume many others.
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KidenceBgd
Member
Offline
Activity: 66
Merit: 10
VeRiCoIn :)
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July 24, 2014, 02:15:53 PM |
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This is it! I don't understand, what VRC did so bad to get such doomed momentum. Anyway, it is a crypto world, where amazing gains and declines are evident. Badly developed coins, which even have no devs receive 100+ percent price grows. VRC is attacked by massive FUD. I am holding, what I have, be it going to near zero. I have no faith in day trading anymore, I am burned by those filthy actions around.
Other coins are pump and duMP...VRC IS REALY CRYPTO COIN WITH REAL DEVS... STRONG HAND MAKE MONEY, WEAK LOSE....
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chunkyjunkie
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July 24, 2014, 02:17:31 PM |
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This is it! I don't understand, what VRC did so bad to get such doomed momentum. Anyway, it is a crypto world, where amazing gains and declines are evident. Badly developed coins, which even have no devs receive 100+ percent price grows. VRC is attacked by massive FUD. I am holding, what I have, be it going to near zero. I have no faith in day trading anymore, I am burned by those filthy actions around.
You answered yourself. It doesn't deserve the doomed momentum. That is why it is so simple you start buying when you hit this level where people are selling for the only reason that it is has gone down some to pre pumper manipulation levels. It is about risk/reward ( you can't ever KNOW, but if you are right 50% of the time but pick the best risk/reward %'s you can make some money )
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backdoorboy
Member
Offline
Activity: 64
Merit: 10
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July 24, 2014, 03:10:35 PM |
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relax all fanboys/gals, i for one have happily getting my low orders filled.. very happy with veri drama.. keep dumping pls
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RJF
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July 24, 2014, 03:13:25 PM |
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Are the serious investors really worried about the price? This coin is only a few months old.... Bitcoin didn't shoot up to 8 billion marketcap in 2 months. Come on guys...
No, we are cautious but, I would not say concerned. Not yet anyway...
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buy4crypto
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July 24, 2014, 03:43:29 PM |
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It would be really cool to know what is going on. If we are planning anything to lead up to the party. Are we going to try to promote this in NYC that day, anything? Has anyone got a plan? Or is it to be quite and let the price sink to shit?
We are losing a lot of investors, at this point who are cutting loses. Meanwhile, if this is being manipulated a whale is about to take control of the VRC network for cheap if something doesn't stop this bleed, and quick. I tried to support it all I could.
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BTCwriter
Legendary
Offline
Activity: 1008
Merit: 1000
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July 24, 2014, 03:44:23 PM |
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Is there something wrong with VeriCoin, again? What the price
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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July 24, 2014, 03:48:36 PM |
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BTC Had a rollback in 2010 and look at it now, please people do not listen to the FUD Bobsurplus is spewing all over the forum. If you have concerns please post on Veritalk.info and get real anwsers if you would like to continue watching the FUD entertainment then please stay, I think I heard somewhere that FUD is sometimes good for a coin.. any thoughts ?
This is such bullshit... You cannot compare the hard-fork that bitcoin devs and miners initiated to fix a PROTOCOL FLAW back in 2010 with VeriCoin dev's decision to bail out an exchange. God... some people are just so ignorant it's sad. It's not FUD if it's true - it's a warning. The community that fought for their coin and fought against the theft of $2 million dollars worth of investors money.
Hmmmm.....
You mean the community that was stupid enough to have 30% of a coin on one exchange? Rather than MintPal pay everyone back, they leaned on the devs to rollback the chain. It is disgraceful that the devs even considered it - period. They didn't do it to bail out an exchange. That was a symptom of the rollback, designed to save the coin from certain death. 7.5mill staking at time of attack vs 8 million stolen. Coin is dead if they don't roll back. There is an argument to "let it die then" on philosophical grounds, but they made the only decision possible for a coin with a $6million economy at the time. So if you and your friends want to "spread the truth about vericoin" or whatever reason you choose to believe to validate you posting here every 2 minutes - spread the one I've just explained to you. I understand what your saying, but do you think if 2-3k bitcoins were stolen from bitstamp they would fork and rollback the bitcoin blockchain? They wouldn't. It's very unfortunate what happened and given the situation whatever action could of been taken wasn't good.
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creamynebula
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July 24, 2014, 03:49:42 PM |
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hey, was 1.3.4 a hard-fork inducing update or can I stay on 1.3.3 if I dont care to use veribit and etc now?
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thekidt
Newbie
Offline
Activity: 23
Merit: 0
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July 24, 2014, 03:50:27 PM |
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There are over 10mil coins staking. I don't understand the panicking
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effectsToCause (OP)
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July 24, 2014, 03:51:08 PM |
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Guys and Gals,
This kind of price drop has happened to us three or four times already since launch, take a look at the charts. These market fluctuations occur with this and all coins. If you look at the rich list it is undisturbed. There is panic sellers and they are relatively small holders, 10 million coins staking and so on. This is not to say holding doesn't require will, it does, but if you believe it's the right coin, long term holding has the best financial reward.
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thekidt
Newbie
Offline
Activity: 23
Merit: 0
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July 24, 2014, 03:52:07 PM |
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BTC Had a rollback in 2010 and look at it now, please people do not listen to the FUD Bobsurplus is spewing all over the forum. If you have concerns please post on Veritalk.info and get real anwsers if you would like to continue watching the FUD entertainment then please stay, I think I heard somewhere that FUD is sometimes good for a coin.. any thoughts ?
This is such bullshit... You cannot compare the hard-fork that bitcoin devs and miners initiated to fix a PROTOCOL FLAW back in 2010 with VeriCoin dev's decision to bail out an exchange. God... some people are just so ignorant it's sad. It's not FUD if it's true - it's a warning. The community that fought for their coin and fought against the theft of $2 million dollars worth of investors money.
Hmmmm.....
You mean the community that was stupid enough to have 30% of a coin on one exchange? Rather than MintPal pay everyone back, they leaned on the devs to rollback the chain. It is disgraceful that the devs even considered it - period. They didn't do it to bail out an exchange. That was a symptom of the rollback, designed to save the coin from certain death. 7.5mill staking at time of attack vs 8 million stolen. Coin is dead if they don't roll back. There is an argument to "let it die then" on philosophical grounds, but they made the only decision possible for a coin with a $6million economy at the time. So if you and your friends want to "spread the truth about vericoin" or whatever reason you choose to believe to validate you posting here every 2 minutes - spread the one I've just explained to you. I understand what your saying, but do you think if 2-3k bitcoins were stolen from bitstamp they would fork and rollback the bitcoin blockchain? They wouldn't. It's very unfortunate what happened and given the situation whatever action could of been taken wasn't good. 2-3k? Make it 2-3mil and it might be comparable. I'll bet BTC wouldn't be around if a single person snatched up that many
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Xosihc
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July 24, 2014, 03:55:30 PM |
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As long as the dev team stays committed to improving the coin's features and making Vericoin the best possible coin out there everything will be ok.
For those of you who went all in - this is a learning opportunity. You made a mistake and that's fine. The important question to ask is whether or not you learned from it? Whenever you decide to end your relationship with Vericoin and finally sell out, whether its this week or next year. Will you make he same mistake again and put all your money into the next "this is the one" idea? As long as you can take something away from this experience it will be worth the lesson learned. Hopefully things will make a turn for the better, I'm confident they will. So perhaps this is just a low point in what will later be a very successful project. Even if the coin turns things around and ends up breaking through ask yourself if this fear and anxiety was worth taking the risk? Sometimes even when you make a profit, the money doesn't justify the agony of the journey. Stay diversified.
Luckily for myself as well as my friends we only invested as much money as we could afford to lose. I got a few close personal friends of mine to invest in VRC as well as some family members. I can't tell you how many times i emphasized to them the fact they have a really good chance of losing everything. Not 1 in 100 -- not 1 in 10 -- more like a 1 in 2 chance. But they also have the opportunity to make 1000% return, which is an opportunity that is very difficult to accomplish anywhere else. I told every person I got to invest in this coin "when you hand me over this money you have to assume you will never see it again." As a result no one I got to invest is even slightly upset about what has unfolded. And let me tell you, some of my friends invested a loooooooooot of money. Sure we are all bummed we're currently down (on paper) but by setting realistic expectations it has minimized the pain for us all and we are all able to sleep easy knowing this probably was going to happen.
On a final note. When I first started in the investment industry a few years ago. I came across a quote which has forever stood with me. I have it written on a piece of scratch paper, hanging on a frame in my office.
"Be an owner, not a loaner. Don't try to time the market. Don't panic. Stay diversified."
#panichold4life
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