Reavon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 10:06:30 AM |
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Today I received my first interest for staking!!! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Me too.. but for only 986 coins staked.. you can calculate the intrest.. it was not veri much! I have staked for a month and earned 34 veri so yeah free money ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I am happy .
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kehtolo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 10:19:24 AM |
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A quick question Reavon and this may sound totally clueless! Do i need to have my wallet open at all times while staking? I mean, can i shut down when i go to work and things like that?
Or, once my coins reach maturity, i am automatically staking.. and can 'dip in and out' so to say. Things like going to work/bed etc.
And upon resumption of having the wallet open, the thing just figures out where i am at/was and continues. Would love to know, as this I have been wondering.
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The next 24 hours are critical!
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Reavon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 11:16:31 AM |
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A quick question Reavon and this may sound totally clueless! Do i need to have my wallet open at all times while staking? I mean, can i shut down when i go to work and things like that?
Or, once my coins reach maturity, i am automatically staking.. and can 'dip in and out' so to say. Things like going to work/bed etc.
And upon resumption of having the wallet open, the thing just figures out where i am at/was and continues. Would love to know, as this I have been wondering.
Staking is a complicated network process. For special questions you should go to the irc channel there are always people who help. Also I know that the Devs are workin on a button with which you can just simply start staking and be secured. To answer your question. As long as you don't move you coins you will always earn interest with vericoin as soon as your open your wallet. Due to the coinage the network knows that your coins where not moved. But you gain an average interest than. When you stake all the time chances are bigger to hit some nice blocks and you earn more interest because of accumulated interest. Believe me or not but holding vrc is the most profitable thing in the world right now. Also somewhat of 16 million coins being staked? Every time that number shows up price gained a 5x
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| ⬡⬡⬡⬡Securely Bridging the Gap between Data & Insights⬡⬡⬡⬡ « PAX Token| ⬡Patent Pending ⬡German Based ⬡Privacy ⬡Industry Partners |PAX Token » | ████████████ ██████ ██████ ████ █████ ████ ███ ████ █████████████████ ██ ████ ██████ ████ ██ ████ ██ ████ ██ ████ ████ ██ ████ ████ ██ ████ ████ ██ ████ ████ ██ ████ ██ ████ ██ ████ ██████ ████ ███ ██████████████████ ██████ ██ | ⬡Facebook ⬡ANN Thread ⬡Linkedin ⬡Twitter ⬡Telegram ⬡Bounty ANN ⬡Medium ⬡Whitepaper ⬡Reddit |
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kehtolo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 11:21:49 AM |
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Cool...
I believe in this coin for a number of reasons.. real world appearances from Dev's launch events and so on. Also the technicals or fundamentals appear to be sound. Many lost faith when mintpal got hacked.. which i can understand and many won't return because of the fork. I guess it depends on your views on crypto.
I still believe it is a sound coin with decent dev's and they are trying to do the right thing.
I will be buying more - as a lowly ~1090 coins is not enough.
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The next 24 hours are critical!
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ScottAllyn
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 236
Merit: 100
¿ʇɐɥʍ
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 11:38:48 AM |
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[...]What we could use is a dedicated news blog updated once a week, with Vericoin updates and developments. The DEVs could have a quick chat with who is responsible for writing for the site once a week. That way we could have a steady stream of info in one place instead of trying to find news on the forum or IRC.
What do you guys think? I was thinking about this just a few hours ago. It'd be really nice to have a single place to go to find the latest developments AND coin stats. There's a lot of information available about VeriCoin, but it's scattered between a number of websites, the forum, and IRC. I'd love to see a single site (single page, really) that we can all go to for the latest: - News/Developments
- Roadmap
- "vericoin" search results on Twitter (embedded from twitter)
- Current number of coins in existence
- Current number of coins staking
- Current market capizalization
- Current 24 hour volume
- Current price at the top 5 exchanges
- Current volume at the top 5 exchanges
I have been working on such a site. Here's a peek (click on it for a larger version): ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fdl.dropboxusercontent.com%2Fu%2F12472870%2FScreenshots%2FVeriCoinNews-sm.jpg&t=665&c=cII2jaNtVTrmmQ) I'm still not 100% certain that I want to go live with it, however. If I do, I'll need at least 3 or 4 other VeriCoin community members to commit to helping out with the site. This'll keep me from burning out, which I'll likely do if I'm the only one working on it. I'm looking for people to do any one (or more) of the following: - Add new VeriCoin related articles to the site.
- Find and link to off-site articles (this'll basically involve quoting a paragraph or two from the off-site article and then providing a link to the full article.
- Find and add cool videos, tutorials, artwork, infographics, etc.
No html/javascript/php/whatever knowledge is required; if you can use a word processor, you can add content to the site. If you're interest in helping out, send me a private message here on the forum. And yes, I quoted myself; get over it! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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leo0808
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 12:01:14 PM |
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Today I received my first interest for staking!!! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Me too.. but for only 986 coins staked.. you can calculate the intrest.. it was not veri much! I have staked for a month and earned 34 veri so yeah free money ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I am happy . You must have a lot of VRC to get that waoo!!
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Kevondo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 01:55:57 PM |
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VRCRadio.com LIVE! in5 miutes. Come on over for the latest update s on VeriCoin
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libertynow
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 02:06:32 PM |
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[...]What we could use is a dedicated news blog updated once a week, with Vericoin updates and developments. The DEVs could have a quick chat with who is responsible for writing for the site once a week. That way we could have a steady stream of info in one place instead of trying to find news on the forum or IRC.
What do you guys think? I was thinking about this just a few hours ago. It'd be really nice to have a single place to go to find the latest developments AND coin stats. There's a lot of information available about VeriCoin, but it's scattered between a number of websites, the forum, and IRC. I'd love to see a single site (single page, really) that we can all go to for the latest: - News/Developments
- Roadmap
- "vericoin" search results on Twitter (embedded from twitter)
- Current number of coins in existence
- Current number of coins staking
- Current market capizalization
- Current 24 hour volume
- Current price at the top 5 exchanges
- Current volume at the top 5 exchanges
I have been working on such a site. Here's a peek (click on it for a larger version): ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fdl.dropboxusercontent.com%2Fu%2F12472870%2FScreenshots%2FVeriCoinNews-sm.jpg&t=665&c=cII2jaNtVTrmmQ) I'm still not 100% certain that I want to go live with it, however. If I do, I'll need at least 3 or 4 other VeriCoin community members to commit to helping out with the site. This'll keep me from burning out, which I'll likely do if I'm the only one working on it. I'm looking for people to do any one (or more) of the following: - Add new VeriCoin related articles to the site.
- Find and link to off-site articles (this'll basically involve quoting a paragraph or two from the off-site article and then providing a link to the full article.
- Find and add cool videos, tutorials, artwork, infographics, etc.
No html/javascript/php/whatever knowledge is required; if you can use a word processor, you can add content to the site. If you're interest in helping out, send me a private message here on the forum. And yes, I quoted myself; get over it! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) That's a nice looking site. Please feel free to consider me to help out with adding new stuff.
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kehtolo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 02:07:26 PM |
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Today I received my first interest for staking!!! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Me too.. but for only 986 coins staked.. you can calculate the intrest.. it was not veri much! I have staked for a month and earned 34 veri so yeah free money ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I am happy . You must have a lot of VRC to get that waoo!! I'm guessing based on my payout.. around 60k
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The next 24 hours are critical!
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Xosihc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 02:52:25 PM |
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This is just unbelievable... except that coming from socal, is to be expected, of course. One more time, many of the ones this guy consider "fudders" are just worried investors, pretty supportive of VRC actually, posting much more legitimate concerns, ideas for debate, doubts and suggestions than socal will ever be able to even envision. There have been some people posting absurdities here, but much less than in ANY other thread like this, all of them have been rebutted many times and have disappeared -except for bobsurplus, of course-, not because the price is lower or not going anywhere of late, but because they simply moved on to other threads. And no there's no "manipulation" in the markets -other than the manipulation happening due to the influx of capital from the multipool, so the only manipulation out there is in FAVOR of VRC -just like it is, similarly, in several other similar coins-. Instead of manipulation, what is making the price drifting lower or keeping stagnant is much more simple: There's very limited of new investment money coming in. It's called momentum and it is, atm, simply gone from crypto in general, BTC included. Yes VRC could do better pricewise, but why would it? There's absolutely no announcement of expectation of any in the foreseeable future; there's "meh" attitude because Doug has said "something great is coming" at least as many times as "at the end of the day", and to similar effect and, quite frankly, weeks keep on passing and the same blank screens seem to keep on appearing when people in Windows hit some buttons in the wallet... not exactly an endorsement of star-developer Dev 3, a Windows employee in his other life. So, why would VRC's price move upside under these circumstances? No reason whatsoever. No manipulation, no consequence of attacks, nothing of that short. Just lack of momentum and lack of investment money in the marketplace en general... which sees whatever amounts coming in going straight to the flavor of the week momentum new coins.
Since socal likes absurd "exhibits", let's put out one that clarifies widely everything and is easy for everyone to see: The price movement of VRC in the last few weeks, has been almost identical to Blackcoin in particular and several other established coins, in general (such as PINK, NAUT, DRK and MANY others). End of the story. End of so-called "exhibits".
As a matter of fact, VRC is doing great... considering the wallet troubles unresolved, lack of progress in terms of announcements and aforementioned lack of general momentum in crypto. No doubt due to the amazing response of the community that is staking the coin by millions at % levels that are simple impressive, to say the least. If similar % were staking in BC, the price there would be several times the one it is trading at. I doubt there's any other coin staking at the % levels that VRC is. And that's why it is currently trading at around 14k and not in the singles or thereabouts.
Patience is a quality that doesn't apply to many in crypto and it seems inevitable that frustration will creep in on day and swingtraders when the price drifts lowers or remains stagnant, hence the inevitable comments about "fake walls" or "market manipulation", both of them total fallacies. VRC, considering the circumstances pointed out above, stands where it should and way in front of other, similar coins, based on the amazingly supportive community. It will move up when announcements are made, when general and particular momentum is regained or will continue drifting/stagnant if nothing significant changes. The growth is achieved not by pumps, but by reaching "plateaus". The pumps (visit PINK for immediate example) will ALWAYS be dumped by a 50% factor or higher depending of the size of the pump. VRC had his and will probably have more if Joel Bosch and his Mano Nera guys are still interested, otherwise the pumps will be much smaller. And then it will be dumped to whatever is the next "plateau" which, in the case of VRC I am quite sure it will be at higher level than 14k sat. That's how this markets operate.
Nature of the beast, pure and simple.
That was an excellent post. I agreed with every point you made.
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eiskalt
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 04:14:46 PM |
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Hi guys, I have some thoughts to share regarding VeriBank and Peer-toPeer-exchange... Would it be possible to integrate VeriBank into the wallet as a module, which you can access when you verify your wallet with VeriBank? Would it be possible for VeriBank to become a ripple gateway? I know many involved in cryptocurrencies don´t like ripple, but it is functional and just recently had a major announcement: https://ripple.com/blog/gbi-integration-allows-ripple-users-to-trade-send-and-spend-gold/I personally don´t expect anything from ethereum or similar projects; it will either never be finished or it will become a copy of ripple, or it will be illegal. - Have yet to look into the cloak implementation, but don´t expect anything from that either. In my view a peer-to-peer-exchange is not necessarily needed to be a successful cryptocurrency but these are just my thoughts on this topic. Another thought I have is on Peercoin´s Peerbox. You can learn about it here: http://peer4commit.com/projects/92Somewhere I read that Blackcoin just cloned it - or is trying to clone it, but I cannot find the link again. A Veribox for Vericoin would be great - maybe the devs could look into that - or at least someone with technical and coding skills. I just ordered a Raspi for my Peercoin holdings and I would like to buy another one for my Vericoin holdings. ok, these are just a few thoughts ...
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RJF
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 04:25:24 PM |
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Patience is a quality that doesn't apply to many in crypto.....
And there in lies the true crux of the problem, if it is a problem, might not be. I consider this the "shaking out" period, weak hands will fold, strong ones will wait. In the stock market, I have waited years for a smaller return than the promise of Crypto may provide, that's just how it works. In a way, constant announcements and new features, etc may be bad for the long term life and value of a coin. Think about it, how long can Devs keep working day and night keep the price pumped up with new features, gimmicks, announcements, etc? I believe it is better in the long run for Devs and principles of the coin to engage in discussion in these forums on a regular basis and develop new features and uses as they can before announcing them to everyone. We all need to work on our patience and let them work on the coin. However, if you are a "pump & dumper", you may want to stick to the crap coins, there are plenty of them, have fun with them but, don't post crap in here unless you are serious about strapping in and taking the long hard road to success. My two cents....
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DNotesVault“First, they ignore you. Then, they laugh at you. Then, they fight you. Then you win!” – Mahatma Gandhi Prepare for your future now, check out CRISP For Retirement and our complete family of CRISP savings plans.
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Magiklair
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 293
Merit: 10
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 04:26:03 PM |
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This is just unbelievable... except that coming from socal, is to be expected, of course. One more time, many of the ones this guy consider "fudders" are just worried investors, pretty supportive of VRC actually, posting much more legitimate concerns, ideas for debate, doubts and suggestions than socal will ever be able to even envision. There have been some people posting absurdities here, but much less than in ANY other thread like this, all of them have been rebutted many times and have disappeared -except for bobsurplus, of course-, not because the price is lower or not going anywhere of late, but because they simply moved on to other threads. And no there's no "manipulation" in the markets -other than the manipulation happening due to the influx of capital from the multipool, so the only manipulation out there is in FAVOR of VRC -just like it is, similarly, in several other similar coins-. Instead of manipulation, what is making the price drifting lower or keeping stagnant is much more simple: There's very limited of new investment money coming in. It's called momentum and it is, atm, simply gone from crypto in general, BTC included. Yes VRC could do better pricewise, but why would it? There's absolutely no announcement of expectation of any in the foreseeable future; there's "meh" attitude because Doug has said "something great is coming" at least as many times as "at the end of the day", and to similar effect and, quite frankly, weeks keep on passing and the same blank screens seem to keep on appearing when people in Windows hit some buttons in the wallet... not exactly an endorsement of star-developer Dev 3, a Windows employee in his other life. So, why would VRC's price move upside under these circumstances? No reason whatsoever. No manipulation, no consequence of attacks, nothing of that short. Just lack of momentum and lack of investment money in the marketplace en general... which sees whatever amounts coming in going straight to the flavor of the week momentum new coins.
Since socal likes absurd "exhibits", let's put out one that clarifies widely everything and is easy for everyone to see: The price movement of VRC in the last few weeks, has been almost identical to Blackcoin in particular and several other established coins, in general (such as PINK, NAUT, DRK and MANY others). End of the story. End of so-called "exhibits".
As a matter of fact, VRC is doing great... considering the wallet troubles unresolved, lack of progress in terms of announcements and aforementioned lack of general momentum in crypto. No doubt due to the amazing response of the community that is staking the coin by millions at % levels that are simple impressive, to say the least. If similar % were staking in BC, the price there would be several times the one it is trading at. I doubt there's any other coin staking at the % levels that VRC is. And that's why it is currently trading at around 14k and not in the singles or thereabouts.
Patience is a quality that doesn't apply to many in crypto and it seems inevitable that frustration will creep in on day and swingtraders when the price drifts lowers or remains stagnant, hence the inevitable comments about "fake walls" or "market manipulation", both of them total fallacies. VRC, considering the circumstances pointed out above, stands where it should and way in front of other, similar coins, based on the amazingly supportive community. It will move up when announcements are made, when general and particular momentum is regained or will continue drifting/stagnant if nothing significant changes. The growth is achieved not by pumps, but by reaching "plateaus". The pumps (visit PINK for immediate example) will ALWAYS be dumped by a 50% factor or higher depending of the size of the pump. VRC had his and will probably have more if Joel Bosch and his Mano Nera guys are still interested, otherwise the pumps will be much smaller. And then it will be dumped to whatever is the next "plateau" which, in the case of VRC I am quite sure it will be at higher level than 14k sat. That's how this markets operate.
Nature of the beast, pure and simple.
That was an excellent post. I agreed with every point you made. I like as well. Everything sounded good up until BC. That coin seems to drop everyday. Whereas VRC seems to be bottoming in the 14K range... We've had a number of issues that have negatively affected the coin price. Most cryptos are just for trading. VRC isn't like most cryptos however..
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nyktalgia
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 04:38:11 PM |
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YAY VRC IS GOING TO THE SUN NOT THE MOON!
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socal
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 05:24:38 PM |
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This is just unbelievable... except that coming from socal, is to be expected, of course. One more time, many of the ones this guy consider "fudders" are just worried investors, pretty supportive of VRC actually, posting much more legitimate concerns, ideas for debate, doubts and suggestions than socal will ever be able to even envision. There have been some people posting absurdities here, but much less than in ANY other thread like this, all of them have been rebutted many times and have disappeared -except for bobsurplus, of course-, not because the price is lower or not going anywhere of late, but because they simply moved on to other threads. And no there's no "manipulation" in the markets -other than the manipulation happening due to the influx of capital from the multipool, so the only manipulation out there is in FAVOR of VRC -just like it is, similarly, in several other similar coins-. Instead of manipulation, what is making the price drifting lower or keeping stagnant is much more simple: There's very limited of new investment money coming in. It's called momentum and it is, atm, simply gone from crypto in general, BTC included. Yes VRC could do better pricewise, but why would it? There's absolutely no announcement of expectation of any in the foreseeable future; there's "meh" attitude because Doug has said "something great is coming" at least as many times as "at the end of the day", and to similar effect and, quite frankly, weeks keep on passing and the same blank screens seem to keep on appearing when people in Windows hit some buttons in the wallet... not exactly an endorsement of star-developer Dev 3, a Windows employee in his other life. So, why would VRC's price move upside under these circumstances? No reason whatsoever. No manipulation, no consequence of attacks, nothing of that short. Just lack of momentum and lack of investment money in the marketplace en general... which sees whatever amounts coming in going straight to the flavor of the week momentum new coins.
Since socal likes absurd "exhibits", let's put out one that clarifies widely everything and is easy for everyone to see: The price movement of VRC in the last few weeks, has been almost identical to Blackcoin in particular and several other established coins, in general (such as PINK, NAUT, DRK and MANY others). End of the story. End of so-called "exhibits".
As a matter of fact, VRC is doing great... considering the wallet troubles unresolved, lack of progress in terms of announcements and aforementioned lack of general momentum in crypto. No doubt due to the amazing response of the community that is staking the coin by millions at % levels that are simple impressive, to say the least. If similar % were staking in BC, the price there would be several times the one it is trading at. I doubt there's any other coin staking at the % levels that VRC is. And that's why it is currently trading at around 14k and not in the singles or thereabouts.
Patience is a quality that doesn't apply to many in crypto and it seems inevitable that frustration will creep in on day and swingtraders when the price drifts lowers or remains stagnant, hence the inevitable comments about "fake walls" or "market manipulation", both of them total fallacies. VRC, considering the circumstances pointed out above, stands where it should and way in front of other, similar coins, based on the amazingly supportive community. It will move up when announcements are made, when general and particular momentum is regained or will continue drifting/stagnant if nothing significant changes. The growth is achieved not by pumps, but by reaching "plateaus". The pumps (visit PINK for immediate example) will ALWAYS be dumped by a 50% factor or higher depending of the size of the pump. VRC had his and will probably have more if Joel Bosch and his Mano Nera guys are still interested, otherwise the pumps will be much smaller. And then it will be dumped to whatever is the next "plateau" which, in the case of VRC I am quite sure it will be at higher level than 14k sat. That's how this markets operate.
Nature of the beast, pure and simple.
That was an excellent post. I agreed with every point you made. I like as well. Everything sounded good up until BC. That coin seems to drop everyday. Whereas VRC seems to be bottoming in the 14K range... We've had a number of issues that have negatively affected the coin price. Most cryptos are just for trading. VRC isn't like most cryptos however.. It's amazing how everything I stated is true and verifiable with facts and yet Barabbas, in his strange personal crusade against me, has to try and call FACTS "absurd". So tell me Barabbas, when did you decide it was a good idea to try and fight facts, and also it's amazing you can write so much but say so little the only thing I got out of that post (except for you reinforcing your dislike of me and vice versa) is that you basically re-worded one of my points which is Volume has left the market in general and we need to wait for market volume to return in general. And also to address your obvious troll attempts I know the difference between worried investor and FUDDER, Bobsurplus is a FUDDER, new investors asking questions about wallet and such just need help they aren't FUDDERS, so please Barabbas take your bi-polar drivel elsewhere
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libertynow
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 05:47:44 PM |
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This is just unbelievable... except that coming from socal, is to be expected, of course. One more time, many of the ones this guy consider "fudders" are just worried investors, pretty supportive of VRC actually, posting much more legitimate concerns, ideas for debate, doubts and suggestions than socal will ever be able to even envision. There have been some people posting absurdities here, but much less than in ANY other thread like this, all of them have been rebutted many times and have disappeared -except for bobsurplus, of course-, not because the price is lower or not going anywhere of late, but because they simply moved on to other threads. And no there's no "manipulation" in the markets -other than the manipulation happening due to the influx of capital from the multipool, so the only manipulation out there is in FAVOR of VRC -just like it is, similarly, in several other similar coins-. Instead of manipulation, what is making the price drifting lower or keeping stagnant is much more simple: There's very limited of new investment money coming in. It's called momentum and it is, atm, simply gone from crypto in general, BTC included. Yes VRC could do better pricewise, but why would it? There's absolutely no announcement of expectation of any in the foreseeable future; there's "meh" attitude because Doug has said "something great is coming" at least as many times as "at the end of the day", and to similar effect and, quite frankly, weeks keep on passing and the same blank screens seem to keep on appearing when people in Windows hit some buttons in the wallet... not exactly an endorsement of star-developer Dev 3, a Windows employee in his other life. So, why would VRC's price move upside under these circumstances? No reason whatsoever. No manipulation, no consequence of attacks, nothing of that short. Just lack of momentum and lack of investment money in the marketplace en general... which sees whatever amounts coming in going straight to the flavor of the week momentum new coins.
Since socal likes absurd "exhibits", let's put out one that clarifies widely everything and is easy for everyone to see: The price movement of VRC in the last few weeks, has been almost identical to Blackcoin in particular and several other established coins, in general (such as PINK, NAUT, DRK and MANY others). End of the story. End of so-called "exhibits".
As a matter of fact, VRC is doing great... considering the wallet troubles unresolved, lack of progress in terms of announcements and aforementioned lack of general momentum in crypto. No doubt due to the amazing response of the community that is staking the coin by millions at % levels that are simple impressive, to say the least. If similar % were staking in BC, the price there would be several times the one it is trading at. I doubt there's any other coin staking at the % levels that VRC is. And that's why it is currently trading at around 14k and not in the singles or thereabouts.
Patience is a quality that doesn't apply to many in crypto and it seems inevitable that frustration will creep in on day and swingtraders when the price drifts lowers or remains stagnant, hence the inevitable comments about "fake walls" or "market manipulation", both of them total fallacies. VRC, considering the circumstances pointed out above, stands where it should and way in front of other, similar coins, based on the amazingly supportive community. It will move up when announcements are made, when general and particular momentum is regained or will continue drifting/stagnant if nothing significant changes. The growth is achieved not by pumps, but by reaching "plateaus". The pumps (visit PINK for immediate example) will ALWAYS be dumped by a 50% factor or higher depending of the size of the pump. VRC had his and will probably have more if Joel Bosch and his Mano Nera guys are still interested, otherwise the pumps will be much smaller. And then it will be dumped to whatever is the next "plateau" which, in the case of VRC I am quite sure it will be at higher level than 14k sat. That's how this markets operate.
Nature of the beast, pure and simple.
That was an excellent post. I agreed with every point you made. I like as well. Everything sounded good up until BC. That coin seems to drop everyday. Whereas VRC seems to be bottoming in the 14K range... We've had a number of issues that have negatively affected the coin price. Most cryptos are just for trading. VRC isn't like most cryptos however.. It's amazing how everything I stated is true and verifiable with facts and yet Barabbas, in his strange personal crusade against me, has to try and call FACTS "absurd". So tell me Barabbas, when did you decide it was a good idea to try and fight facts, and also it's amazing you can write so much but say so little the only thing I got out of that post (except for you reinforcing your dislike of me and vice versa) is that you basically re-worded one of my points which is Volume has left the market in general and we need to wait for market volume to return in general. And also to address your obvious troll attempts I know the difference between worried investor and FUDDER, Bobsurplus is a FUDDER, new investors asking questions about wallet and such just need help they aren't FUDDERS, so please Barabbas take your bi-polar drivel elsewhere I thought both of your posts were helpful. Does everyone have to always bicker so much in this forum? Reminds me of my kids...
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jorrr
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August 04, 2014, 05:51:47 PM |
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great i lost about 4 btc buying at 50K, everyone was saying this coin is the next bitcoin.... the volume is gone and the price is dropping
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libertynow
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2014, 06:00:31 PM |
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great i lost about 4 btc buying at 50K, everyone was saying this coin is the next bitcoin.... the volume is gone and the price is dropping
BTC also had massive price swings, so the price drop doesn't mean anything. I've been buying all the way down because the fundamentals of the coin haven't changed at all.
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MAD945
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August 04, 2014, 06:06:08 PM |
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[...]What we could use is a dedicated news blog updated once a week, with Vericoin updates and developments. The DEVs could have a quick chat with who is responsible for writing for the site once a week. That way we could have a steady stream of info in one place instead of trying to find news on the forum or IRC.
What do you guys think? I was thinking about this just a few hours ago. It'd be really nice to have a single place to go to find the latest developments AND coin stats. There's a lot of information available about VeriCoin, but it's scattered between a number of websites, the forum, and IRC. I'd love to see a single site (single page, really) that we can all go to for the latest: - News/Developments
- Roadmap
- "vericoin" search results on Twitter (embedded from twitter)
- Current number of coins in existence
- Current number of coins staking
- Current market capizalization
- Current 24 hour volume
- Current price at the top 5 exchanges
- Current volume at the top 5 exchanges
I have been working on such a site. Here's a peek (click on it for a larger version): ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fdl.dropboxusercontent.com%2Fu%2F12472870%2FScreenshots%2FVeriCoinNews-sm.jpg&t=665&c=cII2jaNtVTrmmQ) I'm still not 100% certain that I want to go live with it, however. If I do, I'll need at least 3 or 4 other VeriCoin community members to commit to helping out with the site. This'll keep me from burning out, which I'll likely do if I'm the only one working on it. I'm looking for people to do any one (or more) of the following: - Add new VeriCoin related articles to the site.
- Find and link to off-site articles (this'll basically involve quoting a paragraph or two from the off-site article and then providing a link to the full article.
- Find and add cool videos, tutorials, artwork, infographics, etc.
No html/javascript/php/whatever knowledge is required; if you can use a word processor, you can add content to the site. If you're interest in helping out, send me a private message here on the forum. And yes, I quoted myself; get over it! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Great looking site! I was starting to build a site of my own but since you beat me to it I would love to help you out with content. Let me know if I can help ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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CodeHunter
Newbie
Offline
Activity: 42
Merit: 0
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August 04, 2014, 06:16:45 PM |
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I sold when it reached 18k at the last pump. If it went down, it was because people saw an opportunity to finally sell and take their profits. This VRC has become another BC. It will get pumps and then go lower than where it was before that pump, like those other coins. And C-CEX has delisted VRC because of low volume (but it's C-CEX ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) ) And that wallet is badly coded, these devs have a real life outside of this, they can't give VRC 100%. And when it comes to gaining users outside of crypto, Reddcoin is doing a way better job at getting those outsiders, like it's a whole other world. Reddcoin is focused like a laser on the social networks. That's the right demo to aim for. And their dev team is constantly churning out new stuff with a defined path: https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2Faf1roZ1.jpg&t=542&c=HIRTRZwKkICQdwYou will see much better long term growth from RDD than VRC, that cannot be denied. So why should I baghold VRC? Because it's aiming at the outsider? Okay, but they suck at that, the devs have no street smarts for it. And they're busy with other stuff, just look at their CVs, they're doing way more important stuff than an alt coin. And that wallet is really badly designed, just compare it to the RDD wallet, again it's like two different worlds.
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