CodeHunter
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August 04, 2014, 08:47:45 PM |
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We were trashing Bobsurplus, but he was right about cloak, that thing got pumped big, but vrc fell. Maybe we should listen to him.
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eiskalt
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August 04, 2014, 08:58:48 PM |
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(...) Investing is not about going with your own logic, but about figuring out the logic of others. And the others moved on, which is why VRC got delisted on an exchange. (...)
Sorry, but I think you are wrong here. Investing is about figuring out what others will do in the future. What you describe is following the crowd - it is called herd instinct and in general it leads to bad results. Timing is difficult, so I don´t even try it at all. I am not saying that Vericoin price will not go down further, but when I invested in it, I saw at least two useful features that no other coin offered. VeriBit already got copied by others - VeriSMS needs a little further development, but is also great. So I see the ability of the developers to create something and I expect them to continue on this path. VeriBank will be the next corner stone and for sure it will be integrated before Britcoin´s Bank - which again is a copy of a Vericoin idea. So please, don´t get me wrong either, you made a decision, and I wish you all the best with it. (EDIT: bad english)
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eiskalt
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August 04, 2014, 09:02:28 PM |
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We were trashing Bobsurplus, but he was right about cloak, that thing got pumped big, but vrc fell. Maybe we should listen to him. Who do you think pumped it?
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CodeHunter
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August 04, 2014, 09:32:10 PM |
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(...) Investing is not about going with your own logic, but about figuring out the logic of others. And the others moved on, which is why VRC got delisted on an exchange. (...)
Sorry, but I think you are wrong here. Investing is about figuring out what others will do in the future. What you describe is following the crowd - it is called herd instinct and in general it leads to bad results. Ya that's what I meant, you have to figure out what others will do in the future, that's for sure.
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eiskalt
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August 04, 2014, 09:55:04 PM |
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(...) Investing is not about going with your own logic, but about figuring out the logic of others. And the others moved on, which is why VRC got delisted on an exchange. (...)
Sorry, but I think you are wrong here. Investing is about figuring out what others will do in the future. What you describe is following the crowd - it is called herd instinct and in general it leads to bad results. Ya that's what I meant, you have to figure out what others will do in the future, that's for sure. ok then, i am pretty confident, that others will not move into britcoin... funny enough, britcoin was the first name of bitcoin exchange intersango. So the fail is predetermined here.
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CodeHunter
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August 04, 2014, 10:11:49 PM Last edit: August 04, 2014, 11:20:58 PM by CodeHunter |
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Never heard of Intersango.
Anyways, the devs of BRIT are public, which means it's an honest attempt. That alone will mean that it will go beyond the nascent satoshi levels that it's at right now.
And they'll have Fiat to BritCoin via instant bank transfer soon.
I bought in at the 230-330 level, it's at around 800 right now, so I was right to sell VRC and buy something else. I predicted it just fine. And BRIT is going to 10'000 satoshi or something like that, so let's see.
Sorry to derail the thread.
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Morb
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August 04, 2014, 10:14:20 PM |
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What's up with all of the lame agendas?
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CodeHunter
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August 04, 2014, 10:17:31 PM |
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I don't believe I became one of those people.
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Reavon
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August 04, 2014, 10:40:12 PM |
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Are we on fud mode again . Patience is the only thing rewards people in crypto. Be patient people otherwise you will see us passing by your coins veriFast.
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Monkeys
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August 04, 2014, 10:45:24 PM |
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What's up with all of the lame agendas?
Theres nothing else to talk about...
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altcoinUK
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August 04, 2014, 10:58:59 PM Last edit: August 04, 2014, 11:13:02 PM by altcoinUK |
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Wasn't the first pump fabricated anyway?
Yes it was by J Bosch aka wizrig, and the devs (probably unintentionally) were part of the pump/scam by seeking assistance from J Bosch and letting the scammer Bosch join the team. People like jorrr above bought into the coin at 50K believing in the hype of J Bosch and the devs about bright future, world wide media campaign, celebrity party in Miami and creating crypto history. It was a scam, as there is no media campaign, no celebrity party and definitely no crypto history making here. I am sure the two naive PhD students and the full time MS developer who were probably manipulated by the scammer wizrig didn't want people like jorrr loss their money, but whatever the devs' intention was the result is just like that, real people like jorrr lost their real money on VRC. To pull off this scam and make the hype to get many people like jorrr buy into the coin at 40K-50K needed a scammer (Bosch) and three devs. Despite the significant prices drop and very little interest in the coin the devs still communicate here that J Bosch was nothing but helpful and great for the coin. I am getting very close to the point when I start to sell my VeriCoins.
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lootz
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Activity: 806
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August 04, 2014, 11:48:34 PM |
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Never heard of Intersango.
Anyways, the devs of BRIT are public, which means it's an honest attempt. That alone will mean that it will go beyond the nascent satoshi levels that it's at right now.
And they'll have Fiat to BritCoin via instant bank transfer soon.
I bought in at the 230-330 level, it's at around 800 right now, so I was right to sell VRC and buy something else. I predicted it just fine. And BRIT is going to 10'000 satoshi or something like that, so let's see.
Sorry to derail the thread.
FYI - Some Founding Fathers were strongly opposed to the formation of a central banking system; the fact that England tried to place the colonies under the monetary control of the Bank of England was seen by many as the "last straw" of oppression which led directly to the American Revolutionary War. You really trust England with currency lol. They invented central banking.
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MAD945
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August 04, 2014, 11:50:51 PM |
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I'm willing to wait the 6months to a year to make my money back and profit. The DEVs will continue to work on this coin as price was and is not a motivating factor for which they have proven time after time. Which I totally agree with even tho some might not.
They continue to innovate and there is a lot of stuff in the pipe that people are not aware of. Stuff that will be ground breaking and be a first for any coin. I will not comment on these projects because I've been asked not to, I'm still buying more because of this.
Bear in mind guys we have a lot of new investors in this coin who are excited about Vericoin and see the long term . Just look at the staking 19million, that is the highest it has ever been even during the hype and high price. Check what other POS cons are staking, that tells a story in its self.
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Nathonas
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August 05, 2014, 12:18:06 AM |
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There is an ebb and flow to all markets, including the best coins. The cynics are vocal in the ebb and the optimists in the flow. The hack and aftermath set back our timelines, we are coming through on our promises soon.
This. The same pattern repeats itself - coin goes up everyone is happy posting crappy image memes. Price goes down, the trolls/fudders climb out of their smelly caves and preach death and gloom.
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All we have to decide is what to do with the time that is given us.
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CodeHunter
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August 05, 2014, 12:49:26 AM |
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There is an ebb and flow to all markets, including the best coins. The cynics are vocal in the ebb and the optimists in the flow. The hack and aftermath set back our timelines, we are coming through on our promises soon.
This. The same pattern repeats itself - coin goes up everyone is happy posting crappy image memes. Price goes down, the trolls/fudders climb out of their smelly caves and preach death and gloom. +1 Why "+1"? You don't want the same pattern to repeat itself, because that would make VRC another dead coin.
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lootz
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Activity: 806
Merit: 1000
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August 05, 2014, 01:03:39 AM |
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I'm willing to wait the 6months to a year to make my money back and profit. The DEVs will continue to work on this coin as price was and is not a motivating factor for which they have proven time after time. Which I totally agree with even tho some might not.
They continue to innovate and there is a lot of stuff in the pipe that people are not aware of. Stuff that will be ground breaking and be a first for any coin. I will not comment on these projects because I've been asked not to, I'm still buying more because of this.
Bear in mind guys we have a lot of new investors in this coin who are excited about Vericoin and see the long term . Just look at the staking 19million, that is the highest it has ever been even during the hype and high price. Check what other POS cons are staking, that tells a story in its self.
The "majority of coins staking" thing does not give me reassurance that the price will recover. In fact it makes me more worried that VRC holders are basically just bag holders now that are staking their coins. That makes me worried that there are only a small percentage of the total coins being traded on exchanges, and still the demand can't keep the price up.. If anyone can explain why my logic is flawed with my concerns about this then I'll be glad to hear it. But until then, this "look at the staking amount!" does not reassure me. The only thing that will reassure me is if the devs actually release something, or make any sort of announcement or set a date for release of something, anything. You are an azz for even coming here, you are a top winecoin developer and you come to my thread to talk shitt. You have some pair of ballz
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MAD945
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August 05, 2014, 01:18:03 AM |
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I'm willing to wait the 6months to a year to make my money back and profit. The DEVs will continue to work on this coin as price was and is not a motivating factor for which they have proven time after time. Which I totally agree with even tho some might not.
They continue to innovate and there is a lot of stuff in the pipe that people are not aware of. Stuff that will be ground breaking and be a first for any coin. I will not comment on these projects because I've been asked not to, I'm still buying more because of this.
Bear in mind guys we have a lot of new investors in this coin who are excited about Vericoin and see the long term . Just look at the staking 19million, that is the highest it has ever been even during the hype and high price. Check what other POS cons are staking, that tells a story in its self.
The "majority of coins staking" thing does not give me reassurance that the price will recover. In fact it makes me more worried that VRC holders are basically just bag holders now that are staking their coins. That makes me worried that there are only a small percentage of the total coins being traded on exchanges, and still the demand can't keep the price up.. If anyone can explain why my logic is flawed with my concerns about this then I'll be glad to hear it. But until then, this "look at the staking amount!" does not reassure me. The only thing that will reassure me is if the devs actually release something, or make any sort of announcement or set a date for release of something, anything. You do realize that staking secures the network, that is the whole point of staking. I'll give you an example, RDD coin was 51% attacked because no one was staking there coins to secure the network, feather coin, etc. I know you are worried about price less volume on exchanges less coin to trade. Wouldn't that create a scarcity? So a big announcement or release would happen with damned for Vericoin? But there isn't enough to go around, what would happen? Serious question...
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Wreathy
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Follow ur gut instinct, it is there for a reason.
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August 05, 2014, 01:21:49 AM |
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I think it will all Pan out all be veri good. Everyone is entitled to opinions. On forums I just don't see the need for the negative side, and I think MOST GET IT. Come on People, this is the first year of crypto-alts where every one is clambering to jump on board. And it's apparent to me there is floundering and splashing about in uncharted waters. familiar feeling?, yeah me too. but But if I was new to it and stumbled on this forum I think I would, plain and simply be put off. I am to looking forward to this coin working, as intended. When it all plans out, there will be no more JUMPING through several HOOPS to (acquire bitcoin through BANKS) for me personally. I cant stress this enough!. (and bitcoin priced Items and groceries) for me personally wow, this gonna be for real?. And then there is a lot of stuff we don't know about but have had some veri tantalising hints about, veribank, vericash, veri type credit card. And definitely not forgetting the ABILITY to raw send vericoin to android wallets so they can go to a bitcoin atm and get cash. ( MOST IMPORTANTLY) And another under estimated service is from the veri developers so far. to me it boils down to, you are either into this coin for the long haul or drifting on by. VERI SIMPLE Choice.
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lootz
Legendary
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Activity: 806
Merit: 1000
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August 05, 2014, 01:23:00 AM |
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I'm willing to wait the 6months to a year to make my money back and profit. The DEVs will continue to work on this coin as price was and is not a motivating factor for which they have proven time after time. Which I totally agree with even tho some might not.
They continue to innovate and there is a lot of stuff in the pipe that people are not aware of. Stuff that will be ground breaking and be a first for any coin. I will not comment on these projects because I've been asked not to, I'm still buying more because of this.
Bear in mind guys we have a lot of new investors in this coin who are excited about Vericoin and see the long term . Just look at the staking 19million, that is the highest it has ever been even during the hype and high price. Check what other POS cons are staking, that tells a story in its self.
The "majority of coins staking" thing does not give me reassurance that the price will recover. In fact it makes me more worried that VRC holders are basically just bag holders now that are staking their coins. That makes me worried that there are only a small percentage of the total coins being traded on exchanges, and still the demand can't keep the price up.. If anyone can explain why my logic is flawed with my concerns about this then I'll be glad to hear it. But until then, this "look at the staking amount!" does not reassure me. The only thing that will reassure me is if the devs actually release something, or make any sort of announcement or set a date for release of something, anything. You do realize that staking secures the network, that is the whole point of staking. I'll give you an example, RDD coin was 51% attacked because no one was staking there coins to secure the network, feather coin, etc. I know you are worried about price less volume on exchanges less coin to trade. Wouldn't that create a scarcity? So a big announcement or release would happen with damned for Vericoin? But there isn't enough to go around, what would happen? Serious question... You cant ask this guy a serious question bro, look at his pasts posts he is the creator of winecoin. Most of the time he is barely speaking english
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CodeHunter
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August 05, 2014, 01:27:49 AM |
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RDD coin was 51% attacked because no one was staking there coins to secure the network, feather coin, etc.
There was no "staking" when that happened, that was before RDD went PoSv. The 51% attack happened when it was still in PoW. Now many are staking their coins.
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