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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1355731 times)
rhkazani1
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August 13, 2014, 08:53:37 PM
 #12941

What a loss for me, screw you VRC!
lootz
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August 13, 2014, 09:02:10 PM
 #12942

What a loss for me, screw you VRC!

Have you seen my baseball ?
ScottAllyn
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August 13, 2014, 09:05:14 PM
 #12943

@ 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.

Are you even capable of communicating with others without being abrasive and condescending? You must be a real hoot at parties.

The point of that post was NOT to go into detail on exactly how staking works, but rather to inform people that “Network Stake” does not directly translate into the number of coins that are staking at any given moment. In that regard, it seems to have served its purpose and the response has been overwhelmingly positive.

I understand that there are people who genuinely want to learn more about how Proof of Stake works and that those people may have even more questions after reading what I posted. There's already plenty of detailed information regarding PoS on the net and some of it is quite good. Perhaps I'll post a follow-up or an update that links to some of that information.

My use of "essentially" was just fine in the context of what I wrote, btw. Smiley

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August 13, 2014, 09:08:02 PM
 #12944

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some
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August 13, 2014, 09:11:54 PM
 #12945

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some

same here, actually bought some at 50k. hoping this weekends news will bring a turn around
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August 13, 2014, 09:17:18 PM
 #12946

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some

same here, actually bought some at 50k. hoping this weekends news will bring a turn around

if it reaches the ATH, will you sell all then? or some? or wait til it is 100k sat?
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August 13, 2014, 09:20:04 PM
 #12947

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some

same here, actually bought some at 50k. hoping this weekends news will bring a turn around

if it reaches the ATH, will you sell all then? or some? or wait til it is 100k sat?

I will definitely sell some back into BTC and hold it there so I can buy on dips. Rinse and repeat never thought it would get this low
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August 13, 2014, 09:21:51 PM
 #12948

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some

same here, actually bought some at 50k. hoping this weekends news will bring a turn around

if it reaches the ATH, will you sell all then? or some? or wait til it is 100k sat?

I will definitely sell some back into BTC and hold it there so I can buy on dips. Rinse and repeat never thought it would get this low

yup, me too.. i still have that vision if $VRC recoups that this can be used in lieu of bitcoin.. transaction is way faster.. devs just have to make it more secure
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August 13, 2014, 09:44:50 PM
 #12949

Hello Mr. Holden, can you please contact me support@cryptomen.com, this article has been submitted to us like this.

We are promoting it. We have a tipjar system so if you get a lot of views, you will be rewarded, can you give us the original content link so we can add the source. It is really important for us.

We want this blog to be "ethical"! It was in the list of article to recommend and link OUT to, with external link. It is your text, you choose what you do with it.

You can contact us at support@cryptomen.com

Sorry for this confusion,

J.F. Hotte
CEO CRYPTOMEN
www.cryptomen.com


This is all now resolved to my satisfaction. They're just linking to the original article.
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August 13, 2014, 09:45:39 PM
 #12950

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some

same here, actually bought some at 50k. hoping this weekends news will bring a turn around

if it reaches the ATH, will you sell all then? or some? or wait til it is 100k sat?

I will definitely sell some back into BTC and hold it there so I can buy on dips. Rinse and repeat never thought it would get this low

yup, me too.. i still have that vision if $VRC recoups that this can be used in lieu of bitcoin.. transaction is way faster.. devs just have to make it more secure

Vericoin surely can replace bitcoin. 100k sat is the minimum for this coin. 200k sat is very possible.
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August 13, 2014, 09:56:54 PM
 #12951

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 Smiley

Your white paper is truly revolutionary. In many ways, but mainly the in-depth technical details and original ideas you have presented. Thank you for sharing this master piece with the altcoin world. Your white paper + vericoin = easily 200k sat.
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August 13, 2014, 10:00:56 PM
 #12952

A solid game plan to make VeriCoin relevant, development, and proper marketing channels are the 3 areas where I feel VeriCoin can start to brand itself.

We need a plan to make VeriCoin needed in crypto, not just another crypto. Our goal is to go mainstream. We need to have a product (development) that is unique, and needed in the marketplace. When we get this product, we need a organized, new approach to market it. Having a few disorganized community members and our developers talking about moons will never get us to where we want to be. If VeriCoin wants to be taken serious by professionals, we need a avenue to express ourselves PROFESSIONALLY! We could be the legal, legitimate, professional, mainstream coin of the future. Or we can be another coin in the bitcointalk forum.

We need to get a serious professional who has run a media business, or another business of some relevance to talk to the community leaders, and developers of VeriCoin in a way that will make them understand where we can unlock value, and where we can stop shooting ourselves in the foot. I have great ideas of where to make VeriCoin relevant and not many of the skills needed technically. Where do I go to express myself? To find others working toward the same goal? Disorganization is killing crypto in general, its killing vericoin. "Decentralization" Has been such a clutch for prior crypto coin investors that they lack to see where society has deemed centralization relevant to the extent it is nearly everywhere. The people who say "bitcoin is decentralized" usually fail to grasp the point they are trying to make is on a centralized service...

The world is messed up, and mixed up. If we slow down, and find our weaknesses and create strengths, If we work hard to fill our voids, If we work hard to show the world our strenths VeriCoin will reach its potential.

Our next community goal while the developers are working hard to create value through development should be on how we can better work to organize our thoughts. How we can better market ourselves in the future. This should be an effort led by the community with the guidance of developers as we are all in this together. I think it would be a great show of commitment back to the developers giving so much to us. Think about them for a minute, they have worked hard, developed, and kept taking criticism (right/wrong) and coming back for more.

Its time to take the lessons we have learned from the past months and put them to use. It's time to take the ideas we have tossed around and vetted and figure out a easy, sensible, clean, streamlined approach to make VeriCoin great.

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August 13, 2014, 10:01:25 PM
 #12953

What a loss for me, screw you VRC!

sorry mate, i feel for you.. me too, such a loss for me 75%, i just realized i'd lose more if i dont ride the waves so thats what I'm trying to do now, ride the wave and stake some

There is so much people like us, who stuck on top price, I also bought above 50k satoshi.
Was expecting price will move to 100k or above but that Mintpal hacked hurt the whole community so much.

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lootz
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August 13, 2014, 10:27:34 PM
 #12954

Hello Mr. Holden, can you please contact me support@cryptomen.com, this article has been submitted to us like this.

We are promoting it. We have a tipjar system so if you get a lot of views, you will be rewarded, can you give us the original content link so we can add the source. It is really important for us.

We want this blog to be "ethical"! It was in the list of article to recommend and link OUT to, with external link. It is your text, you choose what you do with it.

You can contact us at support@cryptomen.com

Sorry for this confusion,

J.F. Hotte
CEO CRYPTOMEN
www.cryptomen.com


This is all now resolved to my satisfaction. They're just linking to the original article.

I will do the same on vericoinish.com tonight Tom when I get out of work
setup
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August 13, 2014, 10:28:53 PM
 #12955

What a great time to buy cheap VRC. Bought some today and I will continue buying every week. I'm pretty sure that after summer the price will explode.

https://litebit.eu/registration/de/3337ouEH2M/
Add a VRC banner to your Website & support VERICOIN
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August 13, 2014, 10:38:30 PM
 #12956

What a great time to buy cheap VRC. Bought some today and I will continue buying every week. I'm pretty sure that after summer the price will explode.

Averaging the price is good but don't buy so much till more clarification from developer team.
Because we really don't know much what is running on behind the scene.

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August 13, 2014, 10:53:52 PM
 #12957

What a great time to buy cheap VRC. Bought some today and I will continue buying every week. I'm pretty sure that after summer the price will explode.

Averaging the price is good but don't buy so much till more clarification from developer team.
Because we really don't know much what is running on behind the scene.

I think that would depend on every individuals own level of risk tolerance.

Personally, I cancelled a trip to the Outer Banks this week so that I could afford to scoop up some cheap coins and I'm happy that I did.  I've been averaging down on every dip since 53K.

On a related note, the devs have publicly stated that there's going to be a surprise news announcement by the end of the week so I'm really looking forward to seeing what it is and how it all plays out.

VRC Tip Jar: VERiTAS2MPYM94kTwtni3GvnwdmWXqJsQf
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August 13, 2014, 10:54:47 PM
 #12958

The best time to buy is when most people have no reason to buy. You have seen nods to some really good ideas, and a hint of something "Big". With all the past let downs, I find it hard to believe that what they have to say at the end of this week will not be fairly relevant to the overall picture of VeriCoin.


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August 13, 2014, 11:00:31 PM
 #12959

The best time to buy is when most people have no reason to buy. You have seen nods to some really good ideas, and a hint of something "Big". With all the past let downs, I find it hard to believe that what they have to say at the end of this week will not be fairly relevant to the overall picture of VeriCoin.




"Buy when there's blood in the streets, even if the blood is your own." - Nathan Rothschild

You might appreciate this, buy4crypto:

http://www.investopedia.com/articles/financial-theory/08/contrarian-investing.asp

VRC Tip Jar: VERiTAS2MPYM94kTwtni3GvnwdmWXqJsQf
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August 13, 2014, 11:10:48 PM
 #12960

A solid game plan to make VeriCoin relevant, development, and proper marketing channels are the 3 areas where I feel VeriCoin can start to brand itself.

We need a plan to make VeriCoin needed in crypto, not just another crypto. Our goal is to go mainstream. We need to have a product (development) that is unique, and needed in the marketplace. When we get this product, we need a organized, new approach to market it. Having a few disorganized community members and our developers talking about moons will never get us to where we want to be. If VeriCoin wants to be taken serious by professionals, we need a avenue to express ourselves PROFESSIONALLY! We could be the legal, legitimate, professional, mainstream coin of the future. Or we can be another coin in the bitcointalk forum.

We need to get a serious professional who has run a media business, or another business of some relevance to talk to the community leaders, and developers of VeriCoin in a way that will make them understand where we can unlock value, and where we can stop shooting ourselves in the foot. I have great ideas of where to make VeriCoin relevant and not many of the skills needed technically. Where do I go to express myself? To find others working toward the same goal? Disorganization is killing crypto in general, its killing vericoin. "Decentralization" Has been such a clutch for prior crypto coin investors that they lack to see where society has deemed centralization relevant to the extent it is nearly everywhere. The people who say "bitcoin is decentralized" usually fail to grasp the point they are trying to make is on a centralized service...

The world is messed up, and mixed up. If we slow down, and find our weaknesses and create strengths, If we work hard to fill our voids, If we work hard to show the world our strenths VeriCoin will reach its potential.

Our next community goal while the developers are working hard to create value through development should be on how we can better work to organize our thoughts. How we can better market ourselves in the future. This should be an effort led by the community with the guidance of developers as we are all in this together. I think it would be a great show of commitment back to the developers giving so much to us. Think about them for a minute, they have worked hard, developed, and kept taking criticism (right/wrong) and coming back for more.

Its time to take the lessons we have learned from the past months and put them to use. It's time to take the ideas we have tossed around and vetted and figure out a easy, sensible, clean, streamlined approach to make VeriCoin great.

In general, I agree with you. But you seem to imply that making of VRC not "just another crypto" and instead "a product that is unique and needed in the marketplace" is within the realm of capabilities of this developing teams and this community and, quite frankly, we are light years away from that, so to speak. Sadly, we are, in terms of product, just another crypto.

I have stated, many times, that the only value of this coin resides in the community that supports it and the dev team... not because the dev team is the best, wisest that there is, but because it is the first that came out, identified themselves and offer a transparency unheard of in crypto. That in itself is now a standard and, consequently, just an anecdote of no intrinsic value. Except that, because of that, and because of the "rollback", these guys, the devs, can claim the mantle of being "the good guys" of crypto. And, in my opinion, there's value and marketability in that.

Problem is these guys are arrogant to extremes almost inconceivable: They know more than anyone. Of everything. And they want to be everything... while lacking the capability of actually being anything in term of coding features that people in crypto really want. Mind you, there is a significant amount, I'd estimate probably around 3/4 of the entire crypto community, that will be behind "the good guys" all the way, tired as they are of scams, on one side, and crypto practically going nowhere soon, on the other. But there's a 1/4 of that community that have termed our guys kind of verbotten because they did the "rollback". And our guys want to be everything to everybody and, instead of staking their territory and fight those who won't accept "good guys" in crypto, they want to sort of "play ball". So VRC doesn't need, in any way, anon, but they waste time and resources in a short of watered down anon, to please the segment interested in not on the up and up transactions... while, because of that, alienating the 3/4s that want everything in the open. Like the dollar, or the euro, only outside of devaluation capabilities and other state or group of states maneuvres. In others words, they want the protection of being legal but the also want to store their value in a coin that doesn't lose that value with time, like FIAT does. And they want to take advantage of the technology and the (lack of) costs and speedy transactions. Those feel alienated by three kids playing the cloak and dagger game of those interested in the dark world of illegal transactions. So, we have an image we are projecting, where VRC is NOT "the good guys" of crypto but a kind of the good guys, but also kind of the bad guys. An people don't want that at all, since they have clear alternatives on both those directions in coins as evolved technologically, or more evolved than VRC.

Because, quite frankly, technology and innovation-wise, VRC has come so far so short from expectations that there's no wonder outside of choirboys and hopeful bagholders, no one is interested anymore.

So, coming back to your idea, which I subscribe almost completely, in my opinion VRC should make it very clear that just like the set the standard in transparency, and the standard in denying to be robbed and destroyed, they want to set the standard in the crypto coin that not only approves of legislation but actually fights for it to arrive in crypto as soon as possible. So people, inside and outside of the crypto community, KNOWS clearly, unambiguously, what VRC represents: A real, viable alternative to other forms of currency but that aspires to be bound by the same rules and regulations that other forms of currency do, so distancing itself from most of the rest of the pack and, surely, attracting the interest of big, corporate investors and venture capitalists as well as, hopefully, merchants.

But, like I have stated before, these three kids "know better" than anyone so they will continue meandering their ways while the coin all but disappears.

Or worse: Repeating failures of the past. Their own or those of others, such as Blackcoin (I have heard too many times already that they are about to hire some PR firm... just look at what Blackcoin accomplished doing so while becoming the butt of everyone's jokes in crypto).

I'd like to be more optimistic, but as long as these three remain victims of astonishingly arrogant behavior -without a single thing to show in support of it, to make things even worse-, there's no way, no way, VRC can claim a post of relevance in crypto.

There is a chance, not a guarantee of success by any means, but a good chance indeed. My bet though is that they will not go for it.
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