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

[Morb]

It's a damn bloodbath out there today for all coins.  Yikes.

[amesterdamer]

Read it here: http://cryptomen.com/2014/08/an-economist-comments-on-vericoin/

ReTweet: https://twitter.com/BrunoPro79/status/499586582450831360

[barabbas]

@ ScottAllyn

You recently wrote "A Word on Staking" and, in italics, posted this:

"Note that the coin age is essentially reset and starts all over again once a block of coins is done staking."

While I have some trouble with the unnecessary adjectives, such as "essentially", my question here would be more about the ending of the statement: "... once a block is done staking". What EXACTLY -not "essentially"- does that mean? And what is a "block" in the context of your piece? Is there a minimum requirement, like 1,000 VRCs, 5,000 VRCs to "be a block" or ANY amount of VRCs staking is, de facto, a (or more than one) block?

Adding to the confusion: If I have -I'll use your example- a "block of 10,000 VRC" staking in my wallet, when will it be "done staking"?

And how exactly is the coin age reset? Every time people take coins from their wallets and move to any other wallet?

It would be nice and extremely appreciated if when someone post a piece that pretends to be clarifying existing confusion, first makes sure the piece will not create additional confusion instead of clarifying the existing one.

[Shinraven]

Doug is laying it down on VRC Radio !    Can't wait to see the implementations he mentioned.

[ScottAllyn]

Doug is laying it down on VRC Radio !    Can't wait to see the implementations he mentioned.

I'm not able to listen to it since I'm at work. I'm hoping to listen to it this evening before Socal gets on (if he's on tonight). Kev needs to schedule his show around my work hours!

[ELMER_FUD]

I just wanted to share my buying experience on MintPal during the last few days and how I've reacted to it.  Since the sell bots immediately move the price lower everytime I've made a small buy (maybe to paint the tape downwards?), when I want to buy at a lower price I just make a few small buys before I make a larger one at the Ask while also having one or two strategically placed below the highest Bid.

[smoothie]

Hey guys,

It is sad to see such a low value for VRC.  However we are not just motivated by price and this is why we aren't anonymous and haven't walked away.  The most important part of being successful is not giving up and it is the thing most people do. This is a reset, if you must sell so be it.  If you want to build the future, we will be here with the community, working to build it!  If we don't give up, we have already beat most of the competition.  

Words mean very little. Let's see where you are and vericoin is in 1 year from now.

[ELMER_FUD]

Hey guys,

It is sad to see such a low value for VRC.  However we are not just motivated by price and this is why we aren't anonymous and haven't walked away.  The most important part of being successful is not giving up and it is the thing most people do. This is a reset, if you must sell so be it.  If you want to build the future, we will be here with the community, working to build it!  If we don't give up, we have already beat most of the competition.  

Words mean very little. Let's see where you are and vericoin is in 1 year from now.

No matter where he is, at least he will still have integrity and won't be burdened by the negative Karma that's associated with having to constantly spread FUD on other altcoin message boards (unlike some people, who many in the altcoin community seem to loathe).

On the other hand, it's pretty telling to me that this little VeriCoin team seems to be that great of a threat to the other altcoins that they have to send bashers over here to try and scare new investors away.  When you think about it though, it's actually kind of cool.  If VeriCoin was really as dead in the water as so many of the bashers try to say it is then why would they spend so much of their time here?   

[Shinraven]

Hey guys,

It is sad to see such a low value for VRC.  However we are not just motivated by price and this is why we aren't anonymous and haven't walked away.  The most important part of being successful is not giving up and it is the thing most people do. This is a reset, if you must sell so be it.  If you want to build the future, we will be here with the community, working to build it!  If we don't give up, we have already beat most of the competition.  

Words mean very little. Let's see where you are and vericoin is in 1 year from now.

[warr1979]

Hey guys,

It is sad to see such a low value for VRC.  However we are not just motivated by price and this is why we aren't anonymous and haven't walked away.  The most important part of being successful is not giving up and it is the thing most people do. This is a reset, if you must sell so be it.  If you want to build the future, we will be here with the community, working to build it!  If we don't give up, we have already beat most of the competition.  

Real talk hard to see the prices this low.  It sucks!! But!!! I believe in the development team ya are working busting your ass I'm staying I'm supporting!! So please later in the week bust out the big news and enjoy your vacation recharge them batteries and bust it with all the new cool things coming our way.   Cause once the price can rise I can veribit my back side to a vacation!!  Point being I still believe as long as ya three are working vericoin will prosper!!

[TomHolden]

Read it here: http://cryptomen.com/2014/08/an-economist-comments-on-vericoin/

ReTweet: https://twitter.com/BrunoPro79/status/499586582450831360[/center]

It's great that this is being circulated, but I would have been rather happier if you'd checked with me first before republishing this. Given the choice, I would have preferred that you just linked to the original article, as I do not want this to end up coming above my personal homepage on google. (The least you could do is to link to my personal homepage, and to the original article there.) I'm also a bit irked that it's being published with someone else's bitcoin address at the bottom. Perhaps it's naive to expect any control over content once it's online though.

[ELMER_FUD]

"And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets.

I’ve known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine – that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.

The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."

-  Edwin Lefèvre (via Jesse Livermore), Reminiscences of a Stock Operator, p. 57

http://www.amazon.com/gp/product/0471770884

[Morb]

"And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets.

I’ve known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine – that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.

The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."

-  Edwin Lefèvre (via Jesse Livermore), Reminiscences of a Stock Operator, p. 57

http://www.amazon.com/gp/product/0471770884

I have been trying to learn that lesson for the last few months.  Hopefully I get it right sooner or later.

[ELMER_FUD]

Read it here: http://cryptomen.com/2014/08/an-economist-comments-on-vericoin/

ReTweet: https://twitter.com/BrunoPro79/status/499586582450831360[/center]

It's great that this is being circulated, but I would have been rather happier if you'd checked with me first before republishing this. Given the choice, I would have preferred that you just linked to the original article, as I do not want this to end up coming above my personal homepage on google. (The least you could do is to link to my personal homepage, and to the original article there.) I'm also a bit irked that it's being published with someone else's bitcoin address at the bottom. Perhaps it's naive to expect any control over content once it's online though.

It looks to me like amesterdamer simply reposted the article so you should probably take that up with the people over at cryptomen.com

http://cryptomen.com/about-cryptomen/

[TomHolden]

Read it here: http://cryptomen.com/2014/08/an-economist-comments-on-vericoin/

ReTweet: https://twitter.com/BrunoPro79/status/499586582450831360[/center]

It's great that this is being circulated, but I would have been rather happier if you'd checked with me first before republishing this. Given the choice, I would have preferred that you just linked to the original article, as I do not want this to end up coming above my personal homepage on google. (The least you could do is to link to my personal homepage, and to the original article there.) I'm also a bit irked that it's being published with someone else's bitcoin address at the bottom. Perhaps it's naive to expect any control over content once it's online though.

It looks to me like amesterdamer simply reposted the article so you should probably take that up with the people over at cryptomen.com

http://cryptomen.com/about-cryptomen/

Ahh, sorry amesterdamer, I'd assumed you were associated with them. Sorry again.

[Reavon]

I published a PDF on my thoughts i had several weeks ago

check out my veritalk.info post .

http://veritalk.info/index.php/topic,101.0.html


have a nice day

[ELMER_FUD]

"And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets.

I’ve known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine – that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.

The reason is that a man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall Street, who are not at all in the sucker class, not even in the third grade, nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight."

-  Edwin Lefèvre (via Jesse Livermore), Reminiscences of a Stock Operator, p. 57

http://www.amazon.com/gp/product/0471770884

I have been trying to learn that lesson for the last few months.  Hopefully I get it right sooner or later.

It took Jesse Livermore several years to learn it.  That was back after the turn of the last century, years before he started making enormous sums of money.  He allegedly made over $100M during the stock market crash of 1929 and was at one point one of the wealthiest men in the world.

[sdmathis]

Read it here: http://cryptomen.com/2014/08/an-economist-comments-on-vericoin/

ReTweet: https://twitter.com/BrunoPro79/status/499586582450831360[/center]

It's great that this is being circulated, but I would have been rather happier if you'd checked with me first before republishing this. Given the choice, I would have preferred that you just linked to the original article, as I do not want this to end up coming above my personal homepage on google. (The least you could do is to link to my personal homepage, and to the original article there.) I'm also a bit irked that it's being published with someone else's bitcoin address at the bottom. Perhaps it's naive to expect any control over content once it's online though.

You are perfectly within your rights. That's plagiarism, plain and simple. It would be best for everyone if the owner of the site removes your content immediately. Otherwise, you may have to file a DCMA complaint with the web host.

[amesterdamer]

Read it here: http://cryptomen.com/2014/08/an-economist-comments-on-vericoin/

ReTweet: https://twitter.com/BrunoPro79/status/499586582450831360[/center]

It's great that this is being circulated, but I would have been rather happier if you'd checked with me first before republishing this. Given the choice, I would have preferred that you just linked to the original article, as I do not want this to end up coming above my personal homepage on google. (The least you could do is to link to my personal homepage, and to the original article there.) I'm also a bit irked that it's being published with someone else's bitcoin address at the bottom. Perhaps it's naive to expect any control over content once it's online though.

It's the link that's running on twitter, you have something to complain do it over www.cryptomen.com // https://www.facebook.com/groups/cryptomen/ because they published, I only retweeted as everyone else.

[TomHolden]

Read it here: http://cryptomen.com/2014/08/an-economist-comments-on-vericoin/

ReTweet: https://twitter.com/BrunoPro79/status/499586582450831360[/center]

It's great that this is being circulated, but I would have been rather happier if you'd checked with me first before republishing this. Given the choice, I would have preferred that you just linked to the original article, as I do not want this to end up coming above my personal homepage on google. (The least you could do is to link to my personal homepage, and to the original article there.) I'm also a bit irked that it's being published with someone else's bitcoin address at the bottom. Perhaps it's naive to expect any control over content once it's online though.

It's the link that's running on twitter, you have something to complain do it over www.cryptomen.com // https://www.facebook.com/groups/cryptomen/ because they published, I only retweeted as everyone else.

Yes, sorry amesterdamer. I wrongly assumed you were associated with the site.