dygus
Legendary
 Offline
Activity: 1193
Merit: 1000
Peaky Blinder
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October 21, 2015, 06:51:38 AM |
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Here we go, next stop 0.00007
Only if the price of BTC rises by 20% from the current value. VNL isn't any cheaper than a month ago, BTC is just worth more and the price adjusted to stay ~relative. The charts aren't real in that regard and neither is the price. When BTC starts getting unloaded, the opposite occurs, naturally and historically.  Thank you for your support. John When VNL was at it's ATH in august, BTC had a value of 283$... That means that 10K VNL was worth about 1548$ As for today, 10K VNL would cost you only 336,28$ that's a 360% price drop from the ATH point. Now, this isn't the way I'm looking at my investment, to me 1VNL is just 1VNL no matter what the value of 1 BTC is, I'm in for the long run. But you have to at least understand that to most investors a 360% price drop is quiet dramatic... Regards Goldmaxx Yes, you're right, but the price dosn't depend on him. |
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YAdaminer
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October 21, 2015, 06:56:31 AM |
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Here we go, next stop 0.00007
Only if the price of BTC rises by 20% from the current value. VNL isn't any cheaper than a month ago, BTC is just worth more and the price adjusted to stay ~relative. The charts aren't real in that regard and neither is the price. When BTC starts getting unloaded, the opposite occurs, naturally and historically. Thank you for your support. John When VNL was at it's ATH in august, BTC had a value of 283$... That means that 10K VNL was worth about 1548$ As for today, 10K VNL would cost you only 336,28$ that's a 360% price drop from the ATH point. Now, this isn't the way I'm looking at my investment, to me 1VNL is just 1VNL no matter what the value of 1 BTC is, I'm in for the long run. But you have to at least understand that to most investors a 360% price drop is quiet dramatic... Regards Goldmaxx Huh, what a math. Something can be 3.6 times cheaper but price cant be 360% down it can be down max 100%, so in numbers you gave it is down ~78%. It can go up 360% but down max 100% Cheers |
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goldmaxx
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October 21, 2015, 07:08:30 AM |
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Yes, of course you are right, it was 360% more worth at it's ATH than it's now and about 78% less worth compared to it's ATH...
Sorry for the confusion...
Regards
Goldmaxx
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goldmaxx
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October 21, 2015, 07:10:42 AM |
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Here we go, next stop 0.00007
Only if the price of BTC rises by 20% from the current value. VNL isn't any cheaper than a month ago, BTC is just worth more and the price adjusted to stay ~relative. The charts aren't real in that regard and neither is the price. When BTC starts getting unloaded, the opposite occurs, naturally and historically. Thank you for your support. John When VNL was at it's ATH in august, BTC had a value of 283$... That means that 10K VNL was worth about 1548$ As for today, 10K VNL would cost you only 336,28$ that's a 78% price drop from the ATH point. Now, this isn't the way I'm looking at my investment, to me 1VNL is just 1VNL no matter what the value of 1 BTC is, I'm in for the long run. But you have to at least understand that to most investors a 78% price drop is quiet dramatic... Regards Goldmaxx Yes, you're right, but the price dosn't depend on him. I'm not saying that it's John's fault... Just saying that to some people it does actually matters that we lost about 78% of the ATH value... Regards Goldmaxx |
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goldmaxx
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October 21, 2015, 07:23:39 AM |
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One more thing...don't forget that as long as VNL has no real life purpose (actually being able to buy things with VNL) it's only value lies in speculation... That's why the $ value is so important to most people atm...
I'm confident all that will change in the future, but as for now, that's the way it is...
Regards
Goldmaxx
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john-connor
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October 21, 2015, 07:33:09 AM |
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I agree with what Nextgencoin is saying...
VNL is the most innovating coin out there atm, but what is that worth if no one but a small group of vnl fanatics decides to adopt it?
We should walk the thin line between overhyping and doing what we are doing right now...no PR at all...
We all know how easy it is to damage an image...and how hard it is to regain that trust...
If a coin review is what the market is asking for in order to regain that trust, a coin review is what we should offer them... and we should use that as part of our PR campaign...
Regards
Goldmaxx
To regain trust? I must have not gotten the memo. Thank you for your support. |
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john-connor
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October 21, 2015, 07:39:54 AM |
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John
When VNL was at it's ATH in august, BTC had a value of 283$... That means that 10K VNL was worth about 1548$
As for today, 10K VNL would cost you only 336,28$ that's a 78% price drop from the ATH point.
Now, this isn't the way I'm looking at my investment, to me 1VNL is just 1VNL no matter what the value of 1 BTC is, I'm in for the long run.
But you have to at least understand that to most investors a 78% price drop is quiet dramatic...
Regards
Goldmaxx
Yes, you're right, but the price dosn't depend on him. I'm not saying that it's John's fault... Just saying that to some people it does actually matters that we lost about 78% of the ATH value... Regards Goldmaxx The ATH was from a short lived pump and manipulation. Prices have corrected now. Thank you for your support. |
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blacklig
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October 21, 2015, 07:40:39 AM |
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Here we go, next stop 0.00007
Only if the price of BTC rises by 20% from the current value. VNL isn't any cheaper than a month ago, BTC is just worth more and the price adjusted to stay ~relative. The charts aren't real in that regard and neither is the price. When BTC starts getting unloaded, the opposite occurs, naturally and historically. Thank you for your support. John When VNL was at it's ATH in august, BTC had a value of 283$... That means that 10K VNL was worth about 1548$ As for today, 10K VNL would cost you only 336,28$ that's a 78% price drop from the ATH point. Now, this isn't the way I'm looking at my investment, to me 1VNL is just 1VNL no matter what the value of 1 BTC is, I'm in for the long run. But you have to at least understand that to most investors a 78% price drop is quiet dramatic... Regards Goldmaxx Yes, you're right, but the price dosn't depend on him. I'm not saying that it's John's fault... Just saying that to some people it does actually matters that we lost about 78% of the ATH value... Regards Goldmaxx Only idiots bought at ATH, so only those lost this %%% Rest of us dont care what is the price, I am holding and mining this coin for quite long time and will continue to do so. If you are in such trouble you lost 78% from ATH, dont be in this coin, you only want a ride on the top and then sell it.. so forget about it and sell it now, you will be less frustrated. |
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john-connor
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October 21, 2015, 07:43:37 AM |
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I'm not saying that it's John's fault... Just saying that to some people it does actually matters that we lost about 78% of the ATH value...
Regards
Goldmaxx
Only ... bought at ATH, so only those lost this %%% Rest of us dont care what is the price, I am holding and mining this coin for quite long time and will continue to do so. If you are in such trouble you lost 78% from ATH, dont be in this coin, you only want a ride on the top and then sell it.. so forget about it and sell it now, you will be less frustrated. I agree, long term holders don't complain about temporary market fluctuations. Thank you for your support. |
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wildduck
Legendary
Offline
Activity: 966
Merit: 1001
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October 21, 2015, 07:59:40 AM |
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How much mhs r9 270x could make on whirlpool?
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goldmaxx
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October 21, 2015, 08:01:05 AM |
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Here we go, next stop 0.00007
Only if the price of BTC rises by 20% from the current value. VNL isn't any cheaper than a month ago, BTC is just worth more and the price adjusted to stay ~relative. The charts aren't real in that regard and neither is the price. When BTC starts getting unloaded, the opposite occurs, naturally and historically. Thank you for your support. John When VNL was at it's ATH in august, BTC had a value of 283$... That means that 10K VNL was worth about 1548$ As for today, 10K VNL would cost you only 336,28$ that's a 78% price drop from the ATH point. Now, this isn't the way I'm looking at my investment, to me 1VNL is just 1VNL no matter what the value of 1 BTC is, I'm in for the long run. But you have to at least understand that to most investors a 78% price drop is quiet dramatic... Regards Goldmaxx Yes, you're right, but the price dosn't depend on him. I'm not saying that it's John's fault... Just saying that to some people it does actually matters that we lost about 78% of the ATH value... Regards Goldmaxx Only idiots bought at ATH, so only those lost this %%% Rest of us dont care what is the price, I am holding and mining this coin for quite long time and will continue to do so. If you are in such trouble you lost 78% from ATH, dont be in this coin, you only want a ride on the top and then sell it.. so forget about it and sell it now, you will be less frustrated. Did you actually read what I wrote?
Now, this isn't the way I'm looking at my investment, to me 1VNL is just 1VNL no matter what the value of 1 BTC is, I'm in for the long run.+ this One more thing...don't forget that as long as VNL has no real life purpose (actually being able to buy things with VNL) it's only value lies in speculation... That's why the $ value is so important to most people atm...
I'm confident all that will change in the future, but as for now, that's the way it is...I'm a top 30 VNL holder, and my stack is getting bigger each month. There's no way that I will sell my VNL in the near future... But the way you react to my post is exactly what's damaging our image..., that "take-it-or-get-lost" attitude... Why can't we be a little more helpfull and open minded towards others? If people ask for a code review, don't be so defensive. If a code review makes people feel more confident, I see no reason to ignore these requests... Regards Goldmaxx |
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Zontl
Member
Offline
Activity: 156
Merit: 10
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October 21, 2015, 08:28:38 AM |
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I fully agree with GoldMaxx.
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john-connor
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October 21, 2015, 09:17:11 AM |
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One more thing...don't forget that as long as VNL has no real life purpose (actually being able to buy things with VNL) it's only value lies in speculation... That's why the $ value is so important to most people atm...
Regards
Goldmaxx
The price of Bitcoin is equivalent of the cost to mine it not it's "real life purpose". No reason VNL would be any different. When VNL price was at it's ATH so were the # of miners. It's supply/demand and nothing more. If you want the price to rise then raise the difficulty or wait until it becomes more rare (be long). Thank you for your support. |
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nextgencoin
Legendary
Offline
Activity: 1106
Merit: 1000
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October 21, 2015, 09:27:00 AM |
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I'm not saying that it's John's fault... Just saying that to some people it does actually matters that we lost about 78% of the ATH value...
Regards
Goldmaxx
Only ... bought at ATH, so only those lost this %%% Rest of us dont care what is the price, I am holding and mining this coin for quite long time and will continue to do so. If you are in such trouble you lost 78% from ATH, dont be in this coin, you only want a ride on the top and then sell it.. so forget about it and sell it now, you will be less frustrated. I agree, long term holders don't complain about temporary market fluctuations. Thank you for your support. Which is where the problem lies, many here do think the price will rise a lot at some point but so far I have yet to see a coin make any substantial gains so late into its development. Most coins price peeks are actually within a month or two or release. The ability to say hey our coin is unique is often a narrow window looking at the history of crypto. I hope you guys arent too arrogant or too defensive to miss it....I fear you might already have done honestly. As long as you guys are happy to hold a great tech that never gets used and gets overlooked then cool....don't let me stop you. |
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YAdaminer
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October 21, 2015, 09:34:32 AM |
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I'm not saying that it's John's fault... Just saying that to some people it does actually matters that we lost about 78% of the ATH value...
Regards
Goldmaxx
Only ... bought at ATH, so only those lost this %%% Rest of us dont care what is the price, I am holding and mining this coin for quite long time and will continue to do so. If you are in such trouble you lost 78% from ATH, dont be in this coin, you only want a ride on the top and then sell it.. so forget about it and sell it now, you will be less frustrated. I agree, long term holders don't complain about temporary market fluctuations. Thank you for your support. Which is where the problem lies, many here do think the price will rise a lot at some point but so far I have yet to see a coin make any substantial gains so late into its development. Most coins price peeks are actually within a month or two or release. The ability to say hey our coin is unique is often a narrow window looking at the history of crypto. I hope you guys arent too arrogant or too defensive to miss it....I fear you might already have done honestly. As long as you guys are happy to hold a great tech that never gets used and gets overlooked then cool....don't let me stop you. Although I dont agree with you insisitng on code review I must say that I would like to have one Preston Tucker car but not in form of VNL, so I just hope that VNL wont go the Preston Tucker cars path. |
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doremi
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October 21, 2015, 11:44:49 AM |
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The price of Bitcoin is equivalent of the cost to mine it not it's "real life purpose". No reason VNL would be any different.
totally agree ,VNL isn`t any better than Bitcoin for it is just another alt/clone ,so it is deserve for the futher price dropping until every singer miners leave |
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goldmaxx
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October 21, 2015, 11:54:19 AM |
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The price of Bitcoin is equivalent of the cost to mine it not it's "real life purpose". No reason VNL would be any different.
totally agree ,VNL isn`t any better than Bitcoin for it is just another alt/clone ,so it is deserve for the futher price dropping until every singer miners leave Being sarcastic here? |
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doremi
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October 21, 2015, 12:00:38 PM |
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The price of Bitcoin is equivalent of the cost to mine it not it's "real life purpose". No reason VNL would be any different.
totally agree ,VNL isn`t any better than Bitcoin for it is just another alt/clone ,so it is deserve for the futher price dropping until every singer miners leave Being sarcastic here? i just follow JC logical theory that price will up if it becore more rare,so..no miners---> no new coins-----> more rare------>price up cheers! |
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bigfryguy
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October 21, 2015, 02:37:45 PM |
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I'm not saying that it's John's fault... Just saying that to some people it does actually matters that we lost about 78% of the ATH value...
Regards
Goldmaxx
Only ... bought at ATH, so only those lost this %%% Rest of us dont care what is the price, I am holding and mining this coin for quite long time and will continue to do so. If you are in such trouble you lost 78% from ATH, dont be in this coin, you only want a ride on the top and then sell it.. so forget about it and sell it now, you will be less frustrated. I agree, long term holders don't complain about temporary market fluctuations. Thank you for your support. Which is where the problem lies, many here do think the price will rise a lot at some point but so far I have yet to see a coin make any substantial gains so late into its development. Most coins price peeks are actually within a month or two or release. The ability to say hey our coin is unique is often a narrow window looking at the history of crypto. I hope you guys arent too arrogant or too defensive to miss it....I fear you might already have done honestly. As long as you guys are happy to hold a great tech that never gets used and gets overlooked then cool....don't let me stop you. that is actually one of the great things about VNL.. It had a price increase right after its release, then it had another price increase, and then it had another price increase..... You are just reflecting past performance of an obsolete coin/idea and reflecting it on what is truly thew only coin to be in this total new paradigm of alts VNL price is following an exponential uptrend, and all I hear are complaints about being on the backside of a foothill =P |
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pseudonymdude
Legendary
Offline
Activity: 896
Merit: 1000
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October 21, 2015, 02:51:11 PM |
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The price of Bitcoin is equivalent of the cost to mine it not it's "real life purpose". No reason VNL would be any different.
totally agree ,VNL isn`t any better than Bitcoin for it is just another alt/clone ,so it is deserve for the futher price dropping until every singer miners leave I don't agree with John that miners have that much to do with Bitcoin's price, except maybe for keeping it lower as over 10% of bitcoin's marketcap is being created annually. Some are holding for rarity as its supply will be more stable than gold, some for the future potential; and there are at least a few billionaires who have taken a position. The main negative about Bitcoin is that it will have to centralize (with only large corporations mining it, putting up nodes, and offering instant txs) over the next few decades for a variety of reasons. I believe that John is trying to come up with solutions that will allow Vanillacoin to remain decentralized indefinitely, while maintaining security, instant transactions, and scalability. VNL already has a number of improvements over Bitcoin that are not gimmicks. I've listed them many times. I've written this before: Consider the following scenario: Your balance has run out and you need to get funds to miningrigrentals because a coin that you feel like you need to mine just launched. Let's say miningrigrentals accepts both X and BTC. X confirms in seconds. BTC confirms in an average of 10 minutes but sometimes takes hours. Do you choose to use X or BTC? Also, no one who can actually read code has called VNL a clone. If you guys just want someone to say VNL is basically all fresh code without figuring out how it works, any developer will tell you that. |
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