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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1355427 times)
jl777
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September 11, 2014, 09:52:26 AM
 #15861

@James

The above explanations are way too technical and way too complex for most people to fully understand --me included.

I believe it would serve you -and us all- quite well if you work a bit on a much simple explanation... with analogies that work. The one about SuperNET being to crypto (Alts, I imagine you mean) what the Internet is to websites simply doesn't cut it. The internet is a highway and SuperNET is nothing of that short. In my (admittedly very little) understanding of it, SuperNET would be much more an aggregator (like Yahoo, for instance) or a specific portal with several sites linked under a common general umbrella. I may be wrong?

Also I have no doubt you have the general lines and sources of revenue quite clearly delineated in your mind for that project, but it doesn't come through clearly. You speak of "advertising", for instance... what advertising? There's no advertising revenue whatsoever in Vericoin -or in any other coin that I know of for that matter-, so how is advertising revenue going to make its way to to the SuperNET? Like I said, I have no doubt you have all that sorted out quite clearly in your mind but it would be more than convenient (and greatly appreciated) if you spend a few minutes in trying to go into it, in detail, AND in a language that the average 11 year old can understand.

I'll give you a few instances, besides the above mentioned, that are hard to grasp: "Assets" (or cryptoassets, as per your description). Which are them? Does Vericoin have any, currently? If so, which?

I am quite familiar with the NXT platform myself... which I have posted long ago I believe is the best in crypto, by far... only that the distribution sucks and I wouldn't recommend anyone to invest in something fully owned by 70 people, all of which can retire and live like millionaires if they sell off their coins. If only a couple of them do, the entire platform goes practically to zero value in price practically overnight... that's my opinion, of course. But, as it stands, I believe all sort of things can and will be built on top of that platform (will those things to be built, what you call "cryptoassets"? I also understand -hopefully correctly- that NXTventures is a incubator but I don't get what kind of assets can be monetized in the SuperNET when every tech is open source and it is going to be widely available to anyone shortly after implemented. And that would be for free, right? So I still fail to see any source of revenue....

So, again, please give me a detailed lecture so I can understand, in layman's terms, how you plan on monetizing the blockchain traffic that linking the blockchains of it's members to the blockchain of the SuperNET (is that how it is going to work?) will provide.

I'm sure I am not alone in wanting to have a much clearer vision of what the SuperNET you have envisioned is going to be, since Vericoin is going to be part of it, hopefully, core part of it. The interested parties will be as thankful as I am in advance for it.


HTML GUI locally generated allows for context sensitive ads.
open source allows tech to be copied, but not me
also, the 10000 BTC
also, the userbase
NXTventure is incubator, it allows to make a competent dev good money
it is not blockchain traffic being monetized, it is providing services users want like trading crypto at half the commission, lower price for users, but still a fee is generated. maybe you want to send VRC to a creditcard, there is fee. Privatebet is for gambling, I am sure you can understand the fees from that. other games, maybe online storage, Grid computing, jobs board.
just some late night ideas.
so services that crypto peoples are already using offered at lower cost and preferably decentralized, this is the fees.

SuperNET is a transport layer at least the part that connects all the coins together
then there is the GUI that is providing a way to use the services and showing ads.
For example we will be adding a new page to the standard GUI where you can directly trade on bter.

SuperNET is not just one thing, it is a way to connect all the coin networks together at the low level and a way to display in user friendly way at the high level.
the financing part is totally independent, but the NXTventure is concentrating on funding projects that enhance the SuperNET

Please try to understand in more details before just assuming about SuperNET.
My writing is horrible, this I know, so there are people who are making it better to understand

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
positivehigh
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September 11, 2014, 01:52:29 PM
Last edit: September 12, 2014, 01:21:36 AM by positivehigh
 #15862

I follow james where ever he is posting so i invested here. James never fail supporting the right coins and all of them went high.  If im not mistaken james also invested here so im waiting for the 40k rise of this. I hope he will never fail  and i believe it will Smiley Sorry for my bad  english
Kevondo
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September 11, 2014, 01:58:51 PM
 #15863

Kevondo Going LIVE on http://www.vrcradio.com in 3 minutes
Xosihc
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September 11, 2014, 03:02:30 PM
Last edit: September 11, 2014, 08:24:37 PM by Xosihc
 #15864

[Dividend Announcement]

NXTventure will offer a 1:10 Privatebet dividend after the close of SuperNET funding [...]

Hey James,

This is just my opinion so please feel free to take it or leave it. I'm only offering it because I think it may help you in the long run.

You should be very careful labeling anything in the crypto currency world as a "dividend". I don't know where you operate/reside but if it's within the United States I can assure you this is an easy way to get in a lot of trouble. Up until now the US has been fairly gray as far as "what you can do/what you can't do". Insider trading, front running, wash sale - none of those laws apply to crypto, yet (from my understanding). But one thing they have made clear is in no way, shape, or form are you allowed to tie any type of equity ownership to a coin - and yes this includes using the term dividend payout.

There are a number of people who are currently fighting for their freedom just for that exact reason.

Now, if you're outside the US - well you can disregard my advice. I am not clear on the legal ramifications of doing this in other countries. But for all I know you are behind 7 proxies and everything is cool. Anyway, just some food for thought Smiley
KryptoKings
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September 11, 2014, 04:36:28 PM
 #15865

I follow james where ever he is posting so i invested here. James never fail supporting the right coins and all of them went high.  If im not mistaken james also invested here so im waiting for the 40k rise of this. I hope he will never fail again and i believe it will Smiley

Not making fun of you so please don't take it that way, but that last sentence was a little disturbing... please tell me English is not your first language and I will leave it alone.
GTX-DoX
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September 11, 2014, 06:01:54 PM
 #15866

When on IRC, i got a PM from some one who needs help.

He made a startjoin but hasnt recieved any funds (for more information https://www.startjoin.com/surgery ). I think Vericoin can help this man.

We raised 500k VRC in 24 hour, can we raise another 13k (about 1.6 BTC needed)? Or use some from the 500k funds which we got back 'donated' from James?

After talking with him, i dont have the feeling this is a 'scam', let discuss.

https://twitter.com/AltMinerD/status/508044356419219456

https://twitter.com/btcdrak/status/498130414884900865


I donated .1 BTC to this person, I do not think this is a scam after looking through the materials.  If you come to the same conclusion he could use some help.  Thanks.

http://www.youcaring.com/medical-fundraiser/help-my-grandparents-undergo-a-surgery-they-need/214606

I would just like to raise the awareness of this issue since it's really urgent for them. Hoping they get much bigger support considering their current health situation!

Please check or share the link above if you can to help them.
jl777
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September 11, 2014, 09:16:02 PM
 #15867

[Dividend Announcement]

NXTventure will offer a 1:10 Privatebet dividend after the close of SuperNET funding [...]

Hey James,

This is just my opinion so please feel free to take it or leave it. I'm only offering it because I think it may help you in the long run.

You should be very careful labeling anything in the crypto currency world as a "dividend". I don't know where you operate/reside but if it's within the United States I can assure you this is an easy way to get in a lot of trouble. Up until now the US has been fairly gray as far as "what you can do/what you can't do". Insider trading, front running, wash sale - none of those laws apply to crypto, yet (from my understanding). But one thing they have made clear is in no way, shape, or form are you allowed to tie any type of equity ownership to a coin - and yes this includes using the term dividend payout.

There are a number of people who are currently fighting for their freedom just for that exact reason.

Now, if you're outside the US - well you can disregard my advice. I am not clear on the legal ramifications of doing this in other countries. But for all I know you are behind 7 proxies and everything is cool. Anyway, just some food for thought Smiley
how did you know I use 7 proxies?

I am most definitely never ever inside the USA! Very dangerous country for me to even be near. It is what it is, a distribution, dividend, asset transfer, gift, cheese sauce. Whatever it is called it is what it is. The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Thank you for you concern though!

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
KryptoKings
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September 11, 2014, 09:26:48 PM
 #15868

[Dividend Announcement]

NXTventure will offer a 1:10 Privatebet dividend after the close of SuperNET funding [...]

Hey James,

This is just my opinion so please feel free to take it or leave it. I'm only offering it because I think it may help you in the long run.

You should be very careful labeling anything in the crypto currency world as a "dividend". I don't know where you operate/reside but if it's within the United States I can assure you this is an easy way to get in a lot of trouble. Up until now the US has been fairly gray as far as "what you can do/what you can't do". Insider trading, front running, wash sale - none of those laws apply to crypto, yet (from my understanding). But one thing they have made clear is in no way, shape, or form are you allowed to tie any type of equity ownership to a coin - and yes this includes using the term dividend payout.

There are a number of people who are currently fighting for their freedom just for that exact reason.

Now, if you're outside the US - well you can disregard my advice. I am not clear on the legal ramifications of doing this in other countries. But for all I know you are behind 7 proxies and everything is cool. Anyway, just some food for thought Smiley
how did you know I use 7 proxies?

I am most definitely never ever inside the USA! Very dangerous country for me to even be near. It is what it is, a distribution, dividend, asset transfer, gift, cheese sauce. Whatever it is called it is what it is. The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Thank you for you concern though!

James

@ James - cheese sauce sounds interesting. Can I get some extra cheese sauce on my vericoins?
Xosihc
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September 11, 2014, 11:31:46 PM
 #15869

[Dividend Announcement]

NXTventure will offer a 1:10 Privatebet dividend after the close of SuperNET funding [...]

Hey James,

This is just my opinion so please feel free to take it or leave it [...]
how did you know I use 7 proxies?

I am most definitely never ever inside the USA! Very dangerous country for me to even be near. It is what it is, a distribution, dividend, asset transfer, gift, cheese sauce. Whatever it is called it is what it is. The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Thank you for you concern though!

James
Glad to hear! Like I said, just wanted to look out for your best interest Wink

The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Yup - that's muuuuuuurica for you  Tongue
jl777
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September 12, 2014, 12:13:41 AM
 #15870

[Dividend Announcement]

NXTventure will offer a 1:10 Privatebet dividend after the close of SuperNET funding [...]

Hey James,

This is just my opinion so please feel free to take it or leave it [...]
how did you know I use 7 proxies?

I am most definitely never ever inside the USA! Very dangerous country for me to even be near. It is what it is, a distribution, dividend, asset transfer, gift, cheese sauce. Whatever it is called it is what it is. The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Thank you for you concern though!

James
Glad to hear! Like I said, just wanted to look out for your best interest Wink

The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Yup - that's muuuuuuurica for you  Tongue

but at least it is easier to buy guns than BTC there Smiley

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
Xosihc
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September 12, 2014, 12:47:34 AM
 #15871

[Dividend Announcement]

NXTventure will offer a 1:10 Privatebet dividend after the close of SuperNET funding [...]

Hey James,

This is just my opinion so please feel free to take it or leave it [...]
how did you know I use 7 proxies?

I am most definitely never ever inside the USA! Very dangerous country for me to even be near. It is what it is, a distribution, dividend, asset transfer, gift, cheese sauce. Whatever it is called it is what it is. The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Thank you for you concern though!

James
Glad to hear! Like I said, just wanted to look out for your best interest Wink

The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Yup - that's muuuuuuurica for you  Tongue

but at least it is easier to buy guns than BTC there Smiley

amen to that brotha Smiley
KryptoKings
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September 12, 2014, 12:58:29 AM
 #15872

[Dividend Announcement]

NXTventure will offer a 1:10 Privatebet dividend after the close of SuperNET funding [...]

Hey James,

This is just my opinion so please feel free to take it or leave it [...]
how did you know I use 7 proxies?

I am most definitely never ever inside the USA! Very dangerous country for me to even be near. It is what it is, a distribution, dividend, asset transfer, gift, cheese sauce. Whatever it is called it is what it is. The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Thank you for you concern though!

James
Glad to hear! Like I said, just wanted to look out for your best interest Wink

The fact that in USA if it is called one thing vs. another without any other differences makes it legal or illegal, just highlights the total nonsense that the USA legal system has become.

Yup - that's muuuuuuurica for you  Tongue

but at least it is easier to buy guns than BTC there Smiley

U are so right!
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September 12, 2014, 01:25:51 AM
 #15873

I follow james where ever he is posting so i invested here. James never fail supporting the right coins and all of them went high.  If im not mistaken james also invested here so im waiting for the 40k rise of this. I hope he will never fail again and i believe it will Smiley

Not making fun of you so please don't take it that way, but that last sentence was a little disturbing... please tell me English is not your first language and I will leave it alone.


You are right. Its not my language so i edited it. Sorry bout that. Actually if im not mistaken  from what ive read from some posts of james that vrc will go high around 40k so invested here. I still believe just what happened to btcd. There are so many fuds but at the end of the day btcd became more than .01 so i believe it will also happen  here. Before the end of the month what is your rough estimate that vrc will reach?
altcoinUK
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September 12, 2014, 02:00:22 AM
 #15874

I follow james where ever he is posting so i invested here. James never fail supporting the right coins and all of them went high.  If im not mistaken james also invested here so im waiting for the 40k rise of this. I hope he will never fail again and i believe it will Smiley

Not making fun of you so please don't take it that way, but that last sentence was a little disturbing... please tell me English is not your first language and I will leave it alone.


You are right. Its not my language so i edited it. Sorry bout that. Actually if im not mistaken  from what ive read from some posts of james that vrc will go high around 40k so invested here. I still believe just what happened to btcd. There are so many fuds but at the end of the day btcd became more than .01 so i believe it will also happen  here. Before the end of the month what is your rough estimate that vrc will reach?

85K, perhaps 88K, though 86.5K is more realistic.

Edit: I don't expect 100k before 25th Sept.
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September 12, 2014, 03:37:13 AM
 #15875

Hi,

i need to pay BTC with my VRC wallet. How do i find out which price is used?

https://litebit.eu/registration/de/3337ouEH2M/
Add a VRC banner to your Website & support VERICOIN
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September 12, 2014, 03:42:58 AM
 #15876

Nice buy support building.
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September 12, 2014, 04:19:41 AM
 #15877

VRC could make it to 250-500k easily


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Website
White paper
Xosihc
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September 12, 2014, 05:13:16 AM
 #15878

VRC could make it to 250-500k easily

I don't know if I'd call a 2,000-4,000% price appreciation easy =p but I like the optimism
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September 12, 2014, 05:14:29 AM
 #15879

VRC could make it to 250-500k easily

I don't know if I'd call a 2,000-4,000% price appreciation easy =p but I like the optimism

How come the market is so quite? Does China not trade VRC? Does it normally pick up once the EU is awake? First day following VRC
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September 12, 2014, 05:16:00 AM
 #15880

looks like Veri Coin is back and gaining more strength than ever!

Bitcoin is what internet was in the 90s.
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