ELMER_FUD
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August 12, 2014, 02:43:29 AM Last edit: August 12, 2014, 03:07:16 AM by ELMER_FUD |
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vrc be just fine, just keep buying... you won't regret it... it is clear that there has been well organized influence on the market since the start of vrc's rise on june 1st and that hasn't changed... everythings working towards a bigger picture and an end game of making vrc a top coin. if u are newer to crypto and were not around for the shenanigans of the btc or ltc boom dont fret... we've seen all this before... WTF this coin does with the boom of BTC and LTC 10 months ago? LoL Guys, this nonsense is getting ridiculous :-) We read many hardcore cheerleading and ridiculous hype in this thread already, it doesn't work anymore. I'm pretty sure the meant that if you've been in the crypto market since that time that you'd know firsthand that the prices can and will fluctuate pretty wildly and that VeriCoin in particular seems to have come under attack from outside forces ever since it first began to rise. He's right, though, as is evident by the stolen MintPal coins, the MintPal DoS attack, the attacks on the VRC nodes, the overly aggressive, downward moving sell walls which seem to occur most often during times of extremely low volume (when the markets are the least liquid and hence, more easily manipulated), the increasing levels of FUD, etc. As I told someone yesterday, it almost seems as if someone is painting the tape in a downward direction while spreading FUD in order to scare prospective investors away, but of course that is only speculation on my part and at this point has not been proven. It probably sounds too tinfoil-hattish to some but I've seen it before, though, when I actively traded tech-stocks during the dot-com bubble of the late 1990's and today's usual suspects seem to look and act almost exactly the same as the ones back then. It got so bad at one point that some of the more aggressive bashers of that time (like Janice Shell) eventually got sued (see: http://www.secinfo.com/dPx8x.64.htm ). Don't worry about my background in crypto, even this is not my primary business, but I have been buying bitcoin since it was $10 well before the LTC boom, I am having good trades like viacoin which returned already more BTCs than my loss on vericoin - so the vericoin failure is not end of the world, still it's veri unfortunate. Which bothers me and was a new situation for me this transparent team presentation that I completely misread, I thought transparency and honesty of the devs equals to top coin which is obviously not the case. The honesty is not good enough - delivery is still required. Also it was new to me the the involvement of the scammer wizrig & co & dev coordinated pump & dump, in bitcoin trade we don't have such nonsense. I don't agree and don't believe anyone is pushing the price down, there is just not enough buy support for vericoin. I wasn't worried about your background in crypto. I was merely reiterating/reinterpreting for you what Arsène Lupin said, which you seemed to have misinterpreted and then called it nonsense. Also, I think it's a bit early in the game to be calling anything a failure. I'm not happy with the price either but I've used it as an opportunity to greatly reduce my overall dollar cost average because from what I see, VeriCoin is still in its early stages of development. I think one would have to be pretty shortsighted to actually believe that it's a failure at this point.
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Resunta
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August 12, 2014, 02:46:21 AM |
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No more whining or threats. Any person who puts money into crypto does so at their individual risk. The warnings on the pack are clear. Technological development area. Very risky. Wild West. No rules. No insurance. No police. No customer services desk. No refunds. Take responsibility for your individual decision. Win - good. Lose - live with it. No nanny state Too many enemies to count. Parasitic, manipulative traders and whales with delusions of self worth and not enough sense to keep the host alive. Paid fudsters. Greedy, fickle, lazy speculators who fail to do due diligence and then have temper tantrums if it doesn't go well. AWOL devs. Scams. Knee jerk reactions to posts instead of considered responses. Ugly, immature language, insults and abuse, even threats. It's Wall Street but worse. It's what people do with freedom and power.
VRC looks very like it got screwed by deliberate attacks. Everything was fine, devs (imho genuine guys with real talent but swimming with pirhana ), strong community, on time for deadlines, real results. Then suddenly it became radioactive. Truly a shame.
This coin, the devs and community deserve better than that and the show ain't over yet. So sell up or hang on but don't whine and above all, don't threaten decent people.
Amazing post. Thank you for this.
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ELMER_FUD
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August 12, 2014, 02:58:18 AM |
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No more whining or threats. Any person who puts money into crypto does so at their individual risk. The warnings on the pack are clear. Technological development area. Very risky. Wild West. No rules. No insurance. No police. No customer services desk. No refunds. Take responsibility for your individual decision. Win - good. Lose - live with it. No nanny state Too many enemies to count. Parasitic, manipulative traders and whales with delusions of self worth and not enough sense to keep the host alive. Paid fudsters. Greedy, fickle, lazy speculators who fail to do due diligence and then have temper tantrums if it doesn't go well. AWOL devs. Scams. Knee jerk reactions to posts instead of considered responses. Ugly, immature language, insults and abuse, even threats. It's Wall Street but worse. It's what people do with freedom and power.
VRC looks very like it got screwed by deliberate attacks. Everything was fine, devs (imho genuine guys with real talent but swimming with pirhana ), strong community, on time for deadlines, real results. Then suddenly it became radioactive. Truly a shame.
This coin, the devs and community deserve better than that and the show ain't over yet. So sell up or hang on but don't whine and above all, don't threaten decent people.
+1,000,000,000
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Yuzu
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August 12, 2014, 03:03:45 AM |
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No more whining or threats. Any person who puts money into crypto does so at their individual risk. The warnings on the pack are clear. Technological development area. Very risky. Wild West. No rules. No insurance. No police. No customer services desk. No refunds. Take responsibility for your individual decision. Win - good. Lose - live with it. No nanny state Too many enemies to count. Parasitic, manipulative traders and whales with delusions of self worth and not enough sense to keep the host alive. Paid fudsters. Greedy, fickle, lazy speculators who fail to do due diligence and then have temper tantrums if it doesn't go well. AWOL devs. Scams. Knee jerk reactions to posts instead of considered responses. Ugly, immature language, insults and abuse, even threats. It's Wall Street but worse. It's what people do with freedom and power.
VRC looks very like it got screwed by deliberate attacks. Everything was fine, devs (imho genuine guys with real talent but swimming with pirhana ), strong community, on time for deadlines, real results. Then suddenly it became radioactive. Truly a shame.
This coin, the devs and community deserve better than that and the show ain't over yet. So sell up or hang on but don't whine and above all, don't threaten decent people.
Everything you've said is soooo right. Just spot on.
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sdmathis
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August 12, 2014, 03:04:22 AM |
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Looks like we're done here.
I should've seen this coming with the immaturity shown by the devs and the teacher's pet Socal.
Hope you guys enjoy the fact that I'm a BROKE student(you devs certainly can't relate) and I've lost $1500. Hey, how much is a plane ticket to Jersey? I'll bring my golf clubs too and Pat can decide which one I use to break his knee-caps with.
Consider this a lesson learned. NEVER invest money that you can't afford to lose.
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barabbas
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August 12, 2014, 03:06:30 AM |
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One of the very few actually buying: Just got my full (modest) order filled under 9k. People still dumping hands over fists.
The project, with the devs totally absent for all intents and meaningful purposes, is lacking direction and, above all, achievements. No one outside of the fully stretched VRC community, sees any future in this project, the same way they don't in BC. By the time Doug is back from vacation, his hobby project might easily have lost another couple of digits. Nature of the beast. Anyone seeing any reason, any real reason at all for a rebound any time soon? I didn't think so. Neither do all those dumping quite massively every single day...
So they dump and move to projects perceived as having one.
That simple.
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ELMER_FUD
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August 12, 2014, 03:10:30 AM |
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One of the very few actually buying: Just got my full (modest) order filled under 9k. People still dumping hands over fists.
The project, with the devs totally absent for all intents and meaningful purposes, is lacking direction and, above all, achievements. No one outside of the fully stretched VRC community, sees any future in this project, the same way they don't in BC. By the time Doug is back from vacation, his hobby project might easily have lost another couple of digits. Nature of the beast. Anyone seeing any reason, any real reason at all for a rebound any time soon? I didn't think so. Neither do all those dumping quite massively every single day...
So they dump and move to projects perceived as having one.
That simple.
How come you didn't buy Litecoin instead? It's down to $5.60 right now. I'm just curious as to why you'd want to buy an alt in which you seem to hold it's devs in such low esteem.
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Isokoira
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August 12, 2014, 03:11:48 AM |
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One of the very few actually buying: Just got my full (modest) order filled under 9k. People still dumping hands over fists.
The project, with the devs totally absent for all intents and meaningful purposes, is lacking direction and, above all, achievements. No one outside of the fully stretched VRC community, sees any future in this project, the same way they don't in BC. By the time Doug is back from vacation, his hobby project might easily have lost another couple of digits. Nature of the beast. Anyone seeing any reason, any real reason at all for a rebound any time soon? I didn't think so. Neither do all those dumping quite massively every single day...
So they dump and move to projects perceived as having one.
That simple.
But yet you still continue to have your modest orders filled. Thank you for your support.
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altcoinUK
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August 12, 2014, 03:23:01 AM |
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+1,000,000,000
Since you still believe in the fundamentals of this project which is really good and I am sure you are correct about that, and you have offered me the opportunity to buy my coins, will you put the 50 BTC buy order at bittrex or not? By putting the 50 BTC buy order you would do not only hype making with a new nick, but could act and show real support for the coin and most importantly you could have my cheap coins what you wanted.
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Shinraven
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August 12, 2014, 03:32:19 AM |
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No more whining or threats. Any person who puts money into crypto does so at their individual risk. The warnings on the pack are clear. Technological development area. Very risky. Wild West. No rules. No insurance. No police. No customer services desk. No refunds. Take responsibility for your individual decision. Win - good. Lose - live with it. No nanny state Too many enemies to count. Parasitic, manipulative traders and whales with delusions of self worth and not enough sense to keep the host alive. Paid fudsters. Greedy, fickle, lazy speculators who fail to do due diligence and then have temper tantrums if it doesn't go well. AWOL devs. Scams. Knee jerk reactions to posts instead of considered responses. Ugly, immature language, insults and abuse, even threats. It's Wall Street but worse. It's what people do with freedom and power.
VRC looks very like it got screwed by deliberate attacks. Everything was fine, devs (imho genuine guys with real talent but swimming with pirhana ), strong community, on time for deadlines, real results. Then suddenly it became radioactive. Truly a shame.
This coin, the devs and community deserve better than that and the show ain't over yet. So sell up or hang on but don't whine and above all, don't threaten decent people.
+1000 I could not have said it better. Crypto as a whole is the wild west indeed. So many traps, so many risks, yet once in a while you will find a nugget. Honesty these devs are talented and genuine, hence all the hate & attacks you see. we will get through this.
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webay
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August 12, 2014, 03:36:36 AM |
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Looks like we're done here.
I should've seen this coming with the immaturity shown by the devs and the teacher's pet Socal.
Hope you guys enjoy the fact that I'm a BROKE student(you devs certainly can't relate) and I've lost $1500. Hey, how much is a plane ticket to Jersey? I'll bring my golf clubs too and Pat can decide which one I use to break his knee-caps with.
Wow that's a bit harsh dude. Sorry you lost money with this, but IT IS CRYPTO!! Most people lose money, especially now. Have you seen the trends?? Just look at Mintpal, its a sea of red.. I'm just having a bit of fun here adding some humour to a shitty situation, I don't mean anyone any real harm. Making threats of violence is not on.. Making funny pictures on the other hand, golden =P Not a legitimate threat, as $1500 is a lot to me, but was merely vacation money for next year. Figured I'd try to turn it into several future vacations. Now, for people who lost real money, like $20k+, I'd be a little worried coming back home if I'm a transparent dev right now on fucking vacation while my $8mil coin turns to nothing in a month.
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webay
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August 12, 2014, 03:45:18 AM |
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One large red flag for me was the devs touting "record stake figures" while the staking transparency system has been broken for who knows how long. Almost like we're being strung along here. And I'm sure many of the optimistic ones are those who got in at under 1000SAT and sold off large chunks at high prices. I'd be throwing water on the fud too if I were them.
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BitcoinPorn
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August 12, 2014, 03:51:32 AM |
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Not a legitimate threat, as $1500 is a lot to me, but was merely vacation money for next year. Figured I'd try to turn it into several future vacations.
Now, for people who lost real money, like $20k+, I'd be a little worried coming back home if I'm a transparent dev right now on fucking vacation while my $8mil coin turns to nothing in a month.
No one should ever invest more than they can afford to lose. The only people who are going to lose anything on Vericoin are the day traders and people thinking big things are going to happen in a short time so sell at a loss. Long term is the only way for a serious coin, Vericoin is very serious and is still early on in it's life.
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ELMER_FUD
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August 12, 2014, 03:52:11 AM |
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+1,000,000,000
Since you still believe in the fundamentals of this project which is really good and I am sure you are correct about that, and you have offered me the opportunity to buy my coins, will you put the 50 BTC buy order at bittrex or not? By putting the 50 BTC buy order you would do not only hype making with a new nick, but could act and show real support for the coin and most importantly you could have my cheap coins what you wanted. If you can find someone that's willing to gift me 50 BTC then I'd be happy to buy them but otherwise, we're both out of luck because my entire cryptocurrency portfolio is only a fraction of that as I tend to put a much larger portion of my money into tangible assets (i.e. precious metals) than I do virtual ones. Either way though, it sounds to me as if the fallacious argument that you're trying to make is based upon a false dichotomy (aka a false dilemma).
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FryguyUK
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August 12, 2014, 03:52:41 AM |
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Feel sorry for you guys must be panicky at the moment and I sincerely hope it rises again and proves me silly for being a weak hand today. Good luck
PS even if the buy order clears and remains bare for a couple days it doesn't mean buys won't flood in for anything new, just don't start competitively selling and giving up.
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ELMER_FUD
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August 12, 2014, 04:00:36 AM |
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One large red flag for me was the devs touting "record stake figures" while the staking transparency system has been broken for who knows how long. Almost like we're being strung along here. And I'm sure many of the optimistic ones are those who got in at under 1000SAT and sold off large chunks at high prices. I'd be throwing water on the fud too if I were them.
The staking system isn't broken though, it's just being misinterpreted. The total stake weight has been seeing record highs but people are confusing the stake weight as the actual amount of coins staking, which it is not. (See: http://vericoinnews.info/latest-news/a-word-on-staking )
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mrcashking
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August 12, 2014, 04:22:07 AM |
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Sold my Vericoin's I'll be back though. Just have to flip my btc's. Great team, awesome that we can actually see a team out and working in person.
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altcoinUK
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August 12, 2014, 04:23:54 AM Last edit: August 12, 2014, 04:45:15 AM by altcoinUK |
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+1,000,000,000
Since you still believe in the fundamentals of this project which is really good and I am sure you are correct about that, and you have offered me the opportunity to buy my coins, will you put the 50 BTC buy order at bittrex or not? By putting the 50 BTC buy order you would do not only hype making with a new nick, but could act and show real support for the coin and most importantly you could have my cheap coins what you wanted. If you can find someone that's willing to gift me 50 BTC then I'd be happy to buy them but otherwise, we're both out of luck because my entire cryptocurrency portfolio is only a fraction of that as I tend to put a much larger portion of my money into tangible assets (i.e. precious metals) than I do virtual ones. Either way though, it sounds to me as if the fallacious argument that you're trying to make is based upon a false dichotomy (aka a false dilemma). OK then. You clearly said you will buy my cheap coins. As you don't have money, you obviously can't do that, so better next time don't talk about buying if you don't have the money. After all, it is understandable, you are just one of the new nicks registered today to continue to make the hype and lecture real money investors about what to think and say about this coin. In the meantime the price is already 8k so the hype making obviously don't work and if a new investor see that 0 day nicks like you make the hype while the devs are absent - they will just turn around and never come back. It would be better you hardcore hype making cheerleaders would have rest and let supporters with real money fix this mess. From the empty words about the great process and with your empty wallet this coin won't be fixed.
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altcoinUK
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August 12, 2014, 04:40:37 AM |
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And I'm sure many of the optimistic ones are those who got in at under 1000SAT and sold off large chunks at high prices. I'd be throwing water on the fud too if I were them.
Exactly that's what happening here. Plus many of the optimistic one were mined the coin, they can still sell at 5K with profit, others invested very little (the most vocal guy socal has only 11k) so of course they don't care about price drop.
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MAD945
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August 12, 2014, 04:41:34 AM |
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Guys guys guys....really!?!
I have never met more impatient, immature, self righteous investors in my life. You guys do realize this coin is only 3 1/2 months old right? The DEVs have been in here to baby and hold your hands, and still you guys cry and whine. They've answered all the questions, accusations and concerns and still...you ask for more and more. They've told you their plans and they will come through on those plans plus more. The price has been manipulated since the drop from 32k and is still being accumulated. There will be a posted article about the accumulation happening with hard facts and proof. Just take a deep breath and think about what's in the works...no other coin has long term vision these DEVs have.
This is the first summer of the alt coins, 80% of these coins will be gone by Christmas. The only coins that will be around will be the ones with active development and innovation. You watch what happens when these coins go down in price and you will see which coins stop development because they can't take the heat. These DEVs are in for the long haul...I will be here to support and help the community grow *end rant*
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