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

[altcoinUK]

Why does the price drop every single day ? is there any good news to pump the price up ? I bought my stash at 20k and it seems I have lost 50% of my capital

Don't listen the cheerleaders, the Wizrig funboys have been perfectly comfortable with the scammer Wizrig & Co's pump and dump and as you can see they don't care that you have lost your money, even they continue pressing the same irrational hype about their imaginary price rise. Why would the price rise if a) the current features like Veribit, Verisend, FIAT don't excite the market at all, b) there is no improvements terms of features?

You lost 50% of your investment because there are no good news, a web site and road map simply don't matter when other coins are improving rapidly. There is enough money on the market (if you check the order book you will see that 30 BTC would double the price), so the liquidity argument is nonsense, the money just goes to better projects like Ethereum and Viacoin. No one can questions the devs' integrity, they are honest, nice guys, but you see, yesterday Galix, Barrabas and others had many great posts/suggestions/inputs about possible development directions, but no one from the three devs could find 5 minutes to put a short reply never mind to get into the technical details to provide a short feedback. This elitist attitude from devs actually not new, they have time to chat on IRC with the cheerleaders but no time to talk about development ideas and issues with the bag holders. Investors who consider to put money into vericoin can see this and I am not sure they like what they see. In the meantime, if you go to the Ethereum forum you have a very good chance that Vitalik Buterin or Gavin Wood will answer your questions. No one expect the devs sit here all day and chat, but when the community is having such long talk about development ideas like it was yesterday at least some feedback would be nice.

Prepare for more loss if things don't change around vericoin.

[libertynow]

Why does the price drop every single day ? is there any good news to pump the price up ? I bought my stash at 20k and it seems I have lost 50% of my capital

If you're looking to sell, yeah, the price isn't great. However, if you're looking to accumulate, then the price is great.

There's been a lot of good reasons listed so far on why someone should invest in VRC. I'd like to add another one.  

When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria.  One criteria item will be highly visible, public devs and not ones hiding behind screen names.  When they see that in VRC, then their more likely to look at the rest and be very impressed.

Just be patient. We might have at least a few months before we see big positive price moves regardless.  Our main goal for now is to do whatever we can to help the devs get those features done so that in a few months when big money comes looking, we have a great product and great community to show them.

[libertynow]

Great coin, great community, great development team. VeriCoin is the best investment opportunity right now.

Wow, a lot's changed for you in 1 month, eh?  For those of use newer to the forum, would you mind stating one of the good ideas that the devs are ignoring.  Maybe pick the best one and restate it.  It'd be really cool if you could do it without all the rude and condescending language that you seem to enjoy typing so much.

[altcoinUK]

Great coin, great community, great development team. VeriCoin is the best investment opportunity right now.

Wow, a lot's changed for you in 1 month, eh?  For those of use newer to the forum, would you mind stating one of the good ideas that the devs are ignoring.  Maybe pick the best one and restate it.  It'd be really cool if you could do it without all the rude and condescending language that you seem to enjoy typing so much.

Read back a few pages please and you will see Galix's suggestion and the lot of talks regarding to possible development directions.

[statdude]

Does anyone know what payment processor VeriSMS uses?

[altcoinUK]

Great coin, great community, great development team. VeriCoin is the best investment opportunity right now.

Wow, a lot's changed for you in 1 month, eh?  For those of use newer to the forum, would you mind stating one of the good ideas that the devs are ignoring.  Maybe pick the best one and restate it.  It'd be really cool if you could do it without all the rude and condescending language that you seem to enjoy typing so much.

Nothing really changed, I said here yesterday that this is still one of the best coins, I always say the devs are great, nice, honest guys, nothing wrong with the community except the Wizrig associate hype making cheerleaders do nothing good for the coin.

[altcoinUK]

If you are correct and VeriCoin makes it to the 3rd spot, and reaches a market cap of $56,000,000, we would be looking at 350,000 satoshis.

Honestly, with the fiat to VRC and credit card to VRC, this seems small. The focus of these updates is to take VRC mainstream. When we've gone mainstream, VRC could likely exceed $56,000,000 market cap and probably start to approach half a billion. This would place us in the 1 to 3 million satoshi range. When VRC starts rising up the charts news sites, blogs, and twitter accounts will start sharing. We may even get another CoinDesk article up. There may be a correction, but a small one. Dumps become weaker and weaker as news sites pick up on VRC.

HAHAHAHAHAHAHA

I'm sorry. I had to bring this up. I remember laughing like a hyena when i first read it. I hope VRC will bounce back though.

Yeah, that guy was epic LoL I remember he was here every day when the price was rising from 15K to 50K (I bought a lot at the time around 17K) and he was making this ridiculous hype in his formal wear suit and tie avatar. Actually he was smart, probably he was dumping his vericoin while posting those ridiculous posts. But that guy is still a scammer like WizRig & Co and his supportive IRC buddies.

Since then vocal supporters and cheerleaders are still making ridiculous claims here every day about the great features that are apparently coming (and when you check the details you will see nothing relevant is coming), the most loud one is shouting like a laughing hyena that "I want you hold your vericoin" and when you ask a question why would I do that he says because VerciCoin will be big, but he can't back that prediction with any rational argument. So not a lot changed since the suit avatar guy here - very capable and honest developers and ridiculous cheerleaders.

Crindon is part of the "XC community" as per his latest posts. That guy was a Hype man. He sent a few bucks to the devs as his forum posts suggested. "I want you to buy food with it, its for you" blah blah blah, something like that. He made a lot of money, enough to throw a few hundred at the developers and make it sound like he was changing their lives. That guy is a joke, only thing he wants is a dollar, he could care less who he tramples on to get it.

A lot of people are working on projects behind the scenes. I gave up on trying to reason with people here. Just finished up setting up some OC'd S3's to start accumulating at these prices, while I work to build content for VeriCoin related business / websites.

Yeah, that Crindon guy with the suit avatar was exceptional :-))
I know you have been trying your best to help for this project and I think you helped a lot.

[lootz]

Great coin, great community, great development team. VeriCoin is the best investment opportunity right now.

Wow, a lot's changed for you in 1 month, eh?  For those of use newer to the forum, would you mind stating one of the good ideas that the devs are ignoring.  Maybe pick the best one and restate it.  It'd be really cool if you could do it without all the rude and condescending language that you seem to enjoy typing so much.

Nothing really changed, I said here yesterday that this is still one of the best coins, I always say the devs are great, nice, honest guys, nothing wrong with the community except the Wizrig associate hype making cheerleaders do nothing good for the coin.

I think we all have gotten tired of Joels hype. He has not done anything for our coin and lately I see him promoting other coins. I am pretty sure he is not attending or participating in meetings etc. because he know the rage he would get from us. I am one of the people that defended him because I wanted to give him a chance. He promised promised promised with his rolodex of golden phone numbers, singers, entertainment industry, BIG PEOPLE. The moment I first saw him I am pretty sure we all came to the conclusion that this guy is riding the white pony. I am one of VRC's biggest backers and am happy he is no longer here. So lets not talk about him again, unless he actually decides to do all the things he said he would the first 10 hours he spoke in the google live chat.

Moving on.... I do not think they are ignoring the good ideas, blockchain 2.0 is a great idea, decentralized exchange is a great idea. other ideas like usernames, anonymous chat, anonymous videos, upgraded wallet, website, etc are all little things compared to decentralizing the exchange. I live in New York and Ben Lawsky is about to fuck us big time by putting regulations in place for bitcoin that once again favor the corporations already in place that have money and fuck us little people who cannot pay for permits, fines, etc due to the regulations. They will clamp down on the exchanges..... Decentralize exchanges needs to come quicker then the speed of sound at this point. This is what all coins should be working on in my opinion. Hope that anwsers your question.

As far as what this coin has is.. Transparent developers which is very risky for them to come out in the open due to crazys out there that may backlash, this shows they are genuine unlike most coin devs. The Devs are very intelligent in the this field and have whole hearted interest in creating a great coin. We have a great community that have many developers in it including myself. Vericoinish.com was done in my spare time.  The coin was rated by and economist as one of the most economically sound coins.  PoS which allows everyone to be a miner by leaving their wallet open,( I always hated the fact that 1 rich guy can afford a billion miners and rape any coin they wanted.). Thats just my 2 cents, if you have any question definitely go to VRC irc channel and you can get answers on the spot and many times directly from the devs.

[DARKANGEL6415]

just checking in on the good folds in the VRC community how are things going. Has there been any thing i missed have not been in here for like 6-7 days but i dont want to read 31 pages lol. 

[altcoinUK]

Decentralize exchanges needs to come quicker then the speed of sound at this point. This is what all coins should be working on in my opinion.

You are absolutely right, the devs should focus on that.

I didn't think the devs ignore the community's input. I understood and remember they said on the hangout that they monitor the thread - they just don't have time to reply. That's fine, no one expect the devs permanent presence here. However, when such an intense discussion is on the thread like it was yesterday about the blockchain 2, Galix and others had concrete suggestions on the subject, plus other coins push very hard the technology, plus the money is clearly flowing to blockchain 2 related coins, then I think it would be very necessary that the devs would put a 5 minutes effort into the process and at least say something about the topic, so the community and potential investors would understand what will be the vericoin blockchain 2 strategy.
I think it is very important for potential investors to understand at least in principle the process and directions. For example I understood what Viacoin is aim to achieve with their blockchain 2 ClearingHouse, it seems it will be based on CounterParty, it is a very high level info, but it was good enough for me to get some Viacoin and right now I have more viacoin then vericoin (and I still have quite a lot vericoin but it is a different issue). Other people with money did the same, based on the very high level information bought into Viacoin. And we invested in the same way into Ethereum, except that I know Buterin and Gavin Wood and about their work for long, but most of the investors just invested based on a high level info. There is no word from the vericoin devs regarding what's the idea/direction about blockchain 2 never mind design or implementation details.  

Thanks for pointing out I should go to IRC and ask questions about the subject, but I think the devs should come here and instead of sharing some info with me on IRC they should share the info here with everyone. The blockchain 2 related info from the devs could be important for others as well, mainly for potential investors, so I believe that info should be here in this repository.

[Kevondo]

VRCRadio.com is off the air due to technical difficulties. We will make every effort to be up and running for our LIVE! broadcast tomorrow Friday August 8th @ 10 AM EST

[tazmania]

Good posts. It does seem VRC is doing things the hard way. Making flashy things that need to be marketed hard and to the right people.

Instead they should be focusing on things that will attract people with little marketing. Although doing that is much harder. Like blockchain 2.0. Which a lot of coins are doing and a few are doing very seriously. Of course the first coins to do it will get the most money and then the coins that are late to the party won't get much attention. It is almost too late unless you are already started. By the end of the year there should be a few coins on top coinmarketcap.com that are blockchain 2.0 while all the other coins start falling as people move on.

[aragoon]

Great coin, great community, great development team. VeriCoin is the best investment opportunity right now.

Wow, a lot's changed for you in 1 month, eh?  For those of use newer to the forum, would you mind stating one of the good ideas that the devs are ignoring.  Maybe pick the best one and restate it.  It'd be really cool if you could do it without all the rude and condescending language that you seem to enjoy typing so much.

Nothing really changed, I said here yesterday that this is still one of the best coins, I always say the devs are great, nice, honest guys, nothing wrong with the community except the Wizrig associate hype making cheerleaders do nothing good for the coin.

I think we all have gotten tired of Joels hype. He has not done anything for our coin and lately I see him promoting other coins. I am pretty sure he is not attending or participating in meetings etc. because he know the rage he would get from us. I am one of the people that defended him because I wanted to give him a chance. He promised promised promised with his rolodex of golden phone numbers, singers, entertainment industry, BIG PEOPLE. The moment I first saw him I am pretty sure we all came to the conclusion that this guy is riding the white pony. I am one of VRC's biggest backers and am happy he is no longer here. So lets not talk about him again, unless he actually decides to do all the things he said he would the first 10 hours he spoke in the google live chat.

Moving on.... I do not think they are ignoring the good ideas, blockchain 2.0 is a great idea, decentralized exchange is a great idea. other ideas like usernames, anonymous chat, anonymous videos, upgraded wallet, website, etc are all little things compared to decentralizing the exchange. I live in New York and Ben Lawsky is about to fuck us big time by putting regulations in place for bitcoin that once again favor the corporations already in place that have money and fuck us little people who cannot pay for permits, fines, etc due to the regulations. They will clamp down on the exchanges..... Decentralize exchanges needs to come quicker then the speed of sound at this point. This is what all coins should be working on in my opinion. Hope that anwsers your question.

As far as what this coin has is.. Transparent developers which is very risky for them to come out in the open due to crazys out there that may backlash, this shows they are genuine unlike most coin devs. The Devs are very intelligent in the this field and have whole hearted interest in creating a great coin. We have a great community that have many developers in it including myself. Vericoinish.com was done in my spare time.  The coin was rated by and economist as one of the most economically sound coins.  PoS which allows everyone to be a miner by leaving their wallet open,( I always hated the fact that 1 rich guy can afford a billion miners and rape any coin they wanted.). Thats just my 2 cents, if you have any question definitely go to VRC irc channel and you can get answers on the spot and many times directly from the devs.

+1 decentralised exchange priority. 

[InvestorPerson]

When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria.  One criteria item will be highly visible, public devs and not ones hiding behind screen names.

oh nice, so even more money into ethereum

[Monkeys]

So, I just thought I'd come in here to share my experience with Vericoin.

In short, I was new to crypto, bought in to VRC during the big pump at around 30k, as it looked like it had real promise as becoming a real currency.

During that time the devs were posting here nearly every day with updates, deadlines, road maps, the works.

Then the rollback happened.. I still believe that the devs made the best decision at the time and handled it well with the rollback etc. They did the best they could.

Since then though, they've been almost entirely absent. Very few posts, and the posts they have made have been vague at best. It really seems to me like they have given up on the coin and are just not wanting to go public with the fact as yet. Socal here has basically been the only person giving any updates at all on new developments, and even still they have been vague. So many things "nearly finished" for so long?? Where's the website? It's not hard to make a website like that. It should take maximum one day to completely rewrite the Vericoin website. iOS wallet? Yeah a but harder so I can understand it taking longer, but still it was "nearly done" weeks ago..

I honestly now believe that the devs have been stringing this out as long as they can while they unload their coins. Stringing along Socal in the process (or perhaps he is in on it and doing the same?).

If I was a betting man, and I am, I would bet that we will never see any more updates to VRC. The devs are done with it, they're gone. The only new stuff is coming from desperate bagholders trying to hold things together, and doing at least an ok job I'll admit.

One last question I have here which has puzzled me the whole time is this:

Why did pnosker transfer 200k VRC from his wallet to exchanges right after the rollback? Apparently this was to somehow protect the coin? But you would meet BTC on the exchanges to do that right? So why then? Where are the coins now? Have the devs released their wallet addresses recently to show they are still holding? Again, I'd bet that they have not.

Call it you favorite word "FUD", call it what you like. This has been my experience with Vericoin.

I wish you all the best of luck in your futures!

[setup]

So, I just thought I'd come in here to share my experience with Vericoin.

In short, I was new to crypto, bought in to VRC during the big pump at around 30k, as it looked like it had real promise as becoming a real currency.

During that time the devs were posting here nearly every day with updates, deadlines, road maps, the works.

Then the rollback happened.. I still believe that the devs made the best decision at the time and handled it well with the rollback etc. They did the best they could.

Since then though, they've been almost entirely absent. Very few posts, and the posts they have made have been vague at best. It really seems to me like they have given up on the coin and are just not wanting to go public with the fact as yet. Socal here has basically been the only person giving any updates at all on new developments, and even still they have been vague. So many things "nearly finished" for so long?? Where's the website? It's not hard to make a website like that. It should take maximum one day to completely rewrite the Vericoin website. iOS wallet? Yeah a but harder so I can understand it taking longer, but still it was "nearly done" weeks ago..

I honestly now believe that the devs have been stringing this out as long as they can while they unload their coins. Stringing along Socal in the process (or perhaps he is in on it and doing the same?).

If I was a betting man, and I am, I would bet that we will never see any more updates to VRC. The devs are done with it, they're gone. The only new stuff is coming from desperate bagholders trying to hold things together, and doing at least an ok job I'll admit.

One last question I have here which has puzzled me the whole time is this:

Why did pnosker transfer 200k VRC from his wallet to exchanges right after the rollback? Apparently this was to somehow protect the coin? But you would meet BTC on the exchanges to do that right? So why then? Where are the coins now? Have the devs released their wallet addresses recently to show they are still holding? Again, I'd bet that they have not.

Call it you favorite word "FUD", call it what you like. This has been my experience with Vericoin.

I wish you all the best of luck in your futures!

Hard stuff, Monkeys,
but it's true that the devs are very quiet at the moment. No Posts, no hangouts, nothing. I investet in VRC only because i trusted these guys. I hope it was the right decision and they will post a Statement in here that they are still active and confident to make VRC successfull

[socal]

First off, the new website is up what are you talking about?

Secondly, the devs have been posting updates just not as often because they have been WORKING and have had things happen in their REAL LIVES, Pat just had a loss in his family and has been out of state and Doug is busy hammering out the new wallet UI.

They also JUST did a hangout with Chris Prillo last week, not to mention what would they POSSIBLY gain from dumping and running when everyone knows their names, their faces and where they live?

Monkeys dude seriously I have talked to you before you want out I can't and won't stop you, but honestly what is more important, the Devs CONSTANTLY posting in here all day everyday EVERYTIME somebody gets shakey or them doing their jobs as Devs and DEVELOPING? They should just say screw development and the necessary marketing/business relations building to handhold every weakhand?

Not to mention look at the current market MASSIVE buy support on bittrex AND most coins are staking which means demand outstrips supply at this point. We have fuel and we have flame, not long before we get fire.

EDIT:

Oh ya and not to mention the things that are being worked on that HAVENT been annouced because of legalities/proto-status so go ahead get out now, but make sure you are prepared to make a public apology later on when we get back to/past 30k

DOUBLE EDIT:

And they learned from what happened directly after the MP Hack that all of their timetables got pushed back and they could no longer guarantee the Deadlines because of time lost fixing the hack and because of Real Life demanding more of their time. So therefore they are no longer putting out as many or as detailed updates BECAUSE of peoples tendency to act irrationally everytime they were a few hrs late with a release or a reply. Oh ya and some of these features are being done by third parties not the Devs the VeriBank and iOS Wallet are being made by COMPLETELY DIFFERENT DEVS NOT PAT DOUG OR DAVE so please tell me how they are supposed to give you hard timetables and updates on things they aren't even working on. Thats like somebody asking ME for an update or deadline on YOUR work.

In closing:




PRO TIP:
Devs are on IRC more often than here and I STILL have yet to see you join IRC (unless you use another nick on IRC, but if you did then you would know Doug was in there earlier tonight talking to people) so how about you do a lil research before making allegations.

[ereborltc]

oooh i can't wait to see you all panic buy soon...muahhahha are all the kids sad it went back to 10-12k boo hoo lol thats good considering it came up from 400sat to 55k sat. any normal educated person would understand that no coin ever can go from 400sat to 100ksat .. now think like a big boy and ready up for the next wave cause its gonna be one hell of a show lol... coin is top! devs are top! watch and learn kids!

[benthach]

When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria.  One criteria item will be highly visible, public devs and not ones hiding behind screen names.

oh nice, so even more money into ethereum

what the fuck is ethereum? sound like gay porn and people really put money into this kind of crap? UNBELIEVABLE

[GaliX]

When autumn rolls around and Bitcoin increases visibility on Wall Street and large investors come back to the alt. market looking to invest, they're going to have specific criteria.  One criteria item will be highly visible, public devs and not ones hiding behind screen names.

oh nice, so even more money into ethereum

what the fuck is ethereum? sound like gay porn and people really put money into this kind of crap? UNBELIEVABLE

Ethereum is probably the biggest thing since Bitcoin if they don't fuck up hard.
That's the reason why they collected over 12 Million $ in BTC in the presale already.