@Barabbas
Is it your buy wall at around 8000? Were you the guy who bought about 70 BTC of VRC in the last weeks? You are trying so desperately to talk the price down, it must be you. If not, you get paid for writing books in here. If both is wrong, someone else invested about 100 BTC. Sorry, but all of this gives me more confidence in VRC than you could destroy with your negativity.
Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 122. (Read 1356140 times)
October 27, 2014, 01:07:42 AM
October 27, 2014, 12:26:39 AM
While the bloom is off the this current rose for all the virtual currencies as of late, I do find it rather interesting that Dogecoin is still valued at over 27 times more than Vericoin and Litecoin is still priced at a whopping 144X premium over Vericoin. So on a comparative basis, VRC would be considered an extreme value stock from fund manager's perspective. Only time will tell if those ratios hold or move towards the mean in the future; but probability would dictate that of the surviving alt coins, in the future there would be a regression to the mean which would benefit VRC with future money flowing into the still productive low priced currencies and out of the comparably expensive alt currencies.
Would it be perhaps because those two are just CURRENCIES and with no intention whatsoever to ever become "businesses" or "assets"?
Just a thought.
It isn't a matter of semantics or "call it"; it is what it is. Both Litecoin and Dogecoin are only, strictly, currencies. No pretension of owning or becoming "assets", just alternative currencies. Presently, Vericoin is going in the direction of becoming a business (in decentralized cloud storage, no less) and the market is saying, clearly, unambiguously, "no, there's no future in that for VRC". Therefore the discrepancy in valuation.
There are other factors, of course but I submit of less importance: Both are much more established currencies and with much stronger communities behind them, while VRC is one of many "new kids on the block" that, on its own, has reached already "point of saturation", so to speak.
October 26, 2014, 11:54:30 PM
While the bloom is off the this current rose for all the virtual currencies as of late, I do find it rather interesting that Dogecoin is still valued at over 27 times more than Vericoin and Litecoin is still priced at a whopping 144X premium over Vericoin. So on a comparative basis, VRC would be considered an extreme value stock from fund manager's perspective. Only time will tell if those ratios hold or move towards the mean in the future; but probability would dictate that of the surviving alt coins, in the future there would be a regression to the mean which would benefit VRC with future money flowing into the still productive low priced currencies and out of the comparably expensive alt currencies.
Would it be perhaps because those two are just CURRENCIES and with no intention whatsoever to ever become "businesses" or "assets"?
Just a thought.
October 26, 2014, 11:33:45 PM
While the bloom is off the this current rose for all the virtual currencies as of late, I do find it rather interesting that Dogecoin is still valued at over 27 times more than Vericoin and Litecoin is still priced at a whopping 144X premium over Vericoin. So on a comparative basis, VRC would be considered an extreme value stock from fund manager's perspective. Only time will tell if those ratios hold or move towards the mean in the future; but probability would dictate that of the surviving alt coins, in the future there would be a regression to the mean which would benefit VRC with future money flowing into the still productive low priced currencies and out of the comparably expensive alt currencies.
Would it be perhaps because those two are just CURRENCIES and with no intention whatsoever to ever become "businesses" or "assets"?
Just a thought.
October 26, 2014, 11:18:53 PM
While the bloom is off the this current rose for all the virtual currencies as of late, I do find it rather interesting that Dogecoin is still valued at over 27 times more than Vericoin and Litecoin is still priced at a whopping 144X premium over Vericoin. So on a comparative basis, VRC would be considered an extreme value stock from fund manager's perspective. Only time will tell if those ratios hold or move towards the mean in the future; but probability would dictate that of the surviving alt coins, in the future there would be a regression to the mean which would benefit VRC with future money flowing into the still productive low priced currencies and out of the comparably expensive currencies.
October 26, 2014, 10:47:41 PM
Ummmmm Xmas party!!!
Jon
Jon
October 26, 2014, 10:38:49 PM
You see UK what a little bit of ego-stroking will get you? It will also work on Nosker, believe me... Dave, he just doesn't give a crap... but would appreciate any ego-stroking also... human nature, of course.
Well, at least you have got him to admit, once again, that we are going in circles here at VRC, meaning nowhere. Because, sorry UK but you are ALSO wrong, regarding the exchange. And the marketplace. As I have stated before many times, digital currencies are, by design, companions of FIAT as currencies. Apple is launching one, that will be effective, very effective, but it is pegged to FIAT. It won't happen to digital currencies in a very long time (and then only in isolated cases, i.e.: Overstock.com), because there's not enough advantage in them to justify the risk it currently involves such acceptance. And, when it does, it will be Bitcoin, not VRC nor any other alt. Now, as a tradeable storage of value, the alt world is coming to a crashing end altogether very qyuickly due to the staggering amount of scams, mostly. And because enough risk -and reward- is already provided by bitcoin itself. No need for the other crap that bring very little in anything at all to the table. But, if VRC is to survive and play a minimal part in the future of these currencies, it will be as a currency, NOT as a business. There are already, and have been for a while, a lot of "businesses" around the digital currencies. All of them failed. There's the E-bay equivalent, has been around for a while (not just one, several, Unbrakable coin has been trying to get action in his own for months already: failed). Xbot recently tried and failed miserably to get people to exchange shit over twitter and its chinese equivalent... Fact is that any exchange digital currencies users want to have, they can have it already using available tools and currencies... as well as escrow services. You want to sell anything, post it here or in several other threads or forums and you will get people interested (one in 100 legit, by the way, don't forget this is the territory of scammers). Those REALLY interested, agree on a price, set an escrow and close the deal. Very few do. That's the extent of what an "exchange" with digital currencies will ever imply, associated with a specific currency or not. The Cannabis recent p&d will show you, again, that even for the "high crowd", there's just no way on Earth for it to work. Not even on "medicinal stuff".
No need to mention again the absurd idea of a "decentralized cloud storage" business associated with VRC or any other digital currency. Everyone with any common sense, already has all the info they want to use.
But, UK, ego-stroking or not, you are not going to be invited to the Xmas party if you keep mentioning me man. You know the mantra, don't you? I could be Jesus Christ himself, for real, not a "barabbas" handle and still whatever I propose, no matter how incredibly opportune it might be, is a no-no by definition... and because, you know, I call a dog ... well a dog. A stooge, a stooge. Or a headless hen, a headless hen. And that, you know, takes all the merit away from any and all ideas, so don't waste your time... You do know what kind of people you are dealing with here. In the devs AND in the choirboys. Remember the guy in Minnesota and the fair? well, there you have it. And that one actually did something, imagine the other ones... Man, do not waste your time, really. Not worth it at all.
Now, as everyone knows, I was the first on these boards to support and push for James to join VRC. The effect was immediate and the price doubled in hours. Of course it did not last, among other things because it wasn't clear what if anything he was going to deliver for VRC in 6 months and also, let's be perfectly honest here, because the drought has reached digital currencies territory and the beginning of the end announced for alts. BOTH factors, not just one. Even the people that enthusiastically threw money at the Ethereum project will more than gladly get their BTC -devalued and all- back if the could now that they realize they will have it locked for many, months, perhaps years. It's another reality, quite different, from the reality that we were facing when James came in to VRC. Mind you, I still support James being part of VRC, not because I have any solid reason for it beyond the fact that, without him, we are back to square one -and not Summer anymore, so the kids are back in school-, meaning we have what we have, with all its enormous shortcomings, and we are never going to have anything better tech-wise, so James is, at the very least, a hope, a (remote) possibility of something more.
That said, the shine has gone. The "magic" is no longer. I don't know if anyone has bothered to check it but a look at the last 30 days behavior of James' main "assets", the Supernet, NXTVentures and JD777 HODL, will show you with no margin for doubt as to how the shine has gone. Considering that VRC has lost half its value since James propelled it to 17k ever so briefly, VRC is not doing that much worse than his other assets... which puts pretty much in question how much of an assets, really, the association is. Once again, not taking any position on this, just bringing the facts and reality up for consideration.
Anyway, I thought the choirboys would just play in their patio as they were so much complaining about the noise in this one, but, of course, what's shit will always stink and here they come again and again to keep on shitting in this one that is what they always did and wanted to do. It's tiresome. And not worth any efforts, really.
And, like I said, bringing me up here, UK, will not get you in on the Xmas party at Nosker's... actually, it will bring you to give him yet another opportunity to throw you out from it. Oh how he loves to do that... you know, never in his life he was given such a chance so it is fulfilling a lifetime ungranted desire, don't take it personally...
Well, at least you have got him to admit, once again, that we are going in circles here at VRC, meaning nowhere. Because, sorry UK but you are ALSO wrong, regarding the exchange. And the marketplace. As I have stated before many times, digital currencies are, by design, companions of FIAT as currencies. Apple is launching one, that will be effective, very effective, but it is pegged to FIAT. It won't happen to digital currencies in a very long time (and then only in isolated cases, i.e.: Overstock.com), because there's not enough advantage in them to justify the risk it currently involves such acceptance. And, when it does, it will be Bitcoin, not VRC nor any other alt. Now, as a tradeable storage of value, the alt world is coming to a crashing end altogether very qyuickly due to the staggering amount of scams, mostly. And because enough risk -and reward- is already provided by bitcoin itself. No need for the other crap that bring very little in anything at all to the table. But, if VRC is to survive and play a minimal part in the future of these currencies, it will be as a currency, NOT as a business. There are already, and have been for a while, a lot of "businesses" around the digital currencies. All of them failed. There's the E-bay equivalent, has been around for a while (not just one, several, Unbrakable coin has been trying to get action in his own for months already: failed). Xbot recently tried and failed miserably to get people to exchange shit over twitter and its chinese equivalent... Fact is that any exchange digital currencies users want to have, they can have it already using available tools and currencies... as well as escrow services. You want to sell anything, post it here or in several other threads or forums and you will get people interested (one in 100 legit, by the way, don't forget this is the territory of scammers). Those REALLY interested, agree on a price, set an escrow and close the deal. Very few do. That's the extent of what an "exchange" with digital currencies will ever imply, associated with a specific currency or not. The Cannabis recent p&d will show you, again, that even for the "high crowd", there's just no way on Earth for it to work. Not even on "medicinal stuff".
No need to mention again the absurd idea of a "decentralized cloud storage" business associated with VRC or any other digital currency. Everyone with any common sense, already has all the info they want to use.
But, UK, ego-stroking or not, you are not going to be invited to the Xmas party if you keep mentioning me man. You know the mantra, don't you? I could be Jesus Christ himself, for real, not a "barabbas" handle and still whatever I propose, no matter how incredibly opportune it might be, is a no-no by definition... and because, you know, I call a dog ... well a dog. A stooge, a stooge. Or a headless hen, a headless hen. And that, you know, takes all the merit away from any and all ideas, so don't waste your time... You do know what kind of people you are dealing with here. In the devs AND in the choirboys. Remember the guy in Minnesota and the fair? well, there you have it. And that one actually did something, imagine the other ones... Man, do not waste your time, really. Not worth it at all.
Now, as everyone knows, I was the first on these boards to support and push for James to join VRC. The effect was immediate and the price doubled in hours. Of course it did not last, among other things because it wasn't clear what if anything he was going to deliver for VRC in 6 months and also, let's be perfectly honest here, because the drought has reached digital currencies territory and the beginning of the end announced for alts. BOTH factors, not just one. Even the people that enthusiastically threw money at the Ethereum project will more than gladly get their BTC -devalued and all- back if the could now that they realize they will have it locked for many, months, perhaps years. It's another reality, quite different, from the reality that we were facing when James came in to VRC. Mind you, I still support James being part of VRC, not because I have any solid reason for it beyond the fact that, without him, we are back to square one -and not Summer anymore, so the kids are back in school-, meaning we have what we have, with all its enormous shortcomings, and we are never going to have anything better tech-wise, so James is, at the very least, a hope, a (remote) possibility of something more.
That said, the shine has gone. The "magic" is no longer. I don't know if anyone has bothered to check it but a look at the last 30 days behavior of James' main "assets", the Supernet, NXTVentures and JD777 HODL, will show you with no margin for doubt as to how the shine has gone. Considering that VRC has lost half its value since James propelled it to 17k ever so briefly, VRC is not doing that much worse than his other assets... which puts pretty much in question how much of an assets, really, the association is. Once again, not taking any position on this, just bringing the facts and reality up for consideration.
Anyway, I thought the choirboys would just play in their patio as they were so much complaining about the noise in this one, but, of course, what's shit will always stink and here they come again and again to keep on shitting in this one that is what they always did and wanted to do. It's tiresome. And not worth any efforts, really.
And, like I said, bringing me up here, UK, will not get you in on the Xmas party at Nosker's... actually, it will bring you to give him yet another opportunity to throw you out from it. Oh how he loves to do that... you know, never in his life he was given such a chance so it is fulfilling a lifetime ungranted desire, don't take it personally...
October 26, 2014, 06:05:56 PM
@doug What would I want to buy in a decentralized market place ? hmmm Cloud storage, domain names, memberships to anon sites (Whole new opportunity for people to sell stuff), organic homade food, and many some special brownies 
. This is just to start.
. This is just to start. exactly - supernet will provide a decentralized exchange for everyone
October 26, 2014, 05:41:05 PM
@doug What would I want to buy in a decentralized market place ? hmmm Cloud storage, domain names, memberships to anon sites (Whole new opportunity for people to sell stuff), organic homade food, and many some special brownies . This is just to start.
. This is just to start. October 26, 2014, 05:31:59 PM
My point about anon was, that it was voted out (i did not say i wanted anon added) , this cloud seems much worse to me.
What the hell are you talking about ?
The Datacenter i was talking about is how u would provide quality of service.
So you are saying you need a datacenter to create good QoS to something that is not even out yet ? Really ?
All those sharing apps u mention how many of those pay u actual money to share?
Once again it is not even out yet, could be 0 could be thousands.
They would be the internet providers that your stealing money from.
Holy Shit really ? You don't pay for your bandwidth ? Those billion dollar companys ? Is that who you are worried will not get a cut?
I know you might think stealing a few pennies from that big company is not so bad i disagree.
Cry us a river, great now we know you care more about these big corporations then yourself.
It completly taints vrc by providing such a service.
Everytime you open your mouth you taint VRC
and clearly the market agrees with me or i with it.
ROFL how is this clear? Markets are all down, oh wait yes the market agrees with little you. When Whitney Houston sings do you think all the songs are about you also ?
Spam more "anti" fud blabla , instead of explaining to me and everyone else still holding this coin why this isnt true.
Why what isnt true ? I am also a VRC holder, I have no idea what you are saying
Saying VRC did well past month is simply not true we got a little supernet bump and now we are down where it was before.
Many of us dont care about the price, INNOVATION is doing well... yes. Price is down so what. What coin is not down. If you are swing trading do not cry about your loss, because 1 year from now IF the price flys up THEN WHAT ?
What the hell are you talking about ?
The Datacenter i was talking about is how u would provide quality of service.
So you are saying you need a datacenter to create good QoS to something that is not even out yet ? Really ?
All those sharing apps u mention how many of those pay u actual money to share?
Once again it is not even out yet, could be 0 could be thousands.
They would be the internet providers that your stealing money from.
Holy Shit really ? You don't pay for your bandwidth ? Those billion dollar companys ? Is that who you are worried will not get a cut?
I know you might think stealing a few pennies from that big company is not so bad i disagree.
Cry us a river, great now we know you care more about these big corporations then yourself.
It completly taints vrc by providing such a service.
Everytime you open your mouth you taint VRC
and clearly the market agrees with me or i with it.
ROFL how is this clear? Markets are all down, oh wait yes the market agrees with little you. When Whitney Houston sings do you think all the songs are about you also ?
Spam more "anti" fud blabla , instead of explaining to me and everyone else still holding this coin why this isnt true.
Why what isnt true ? I am also a VRC holder, I have no idea what you are saying
Saying VRC did well past month is simply not true we got a little supernet bump and now we are down where it was before.
Many of us dont care about the price, INNOVATION is doing well... yes. Price is down so what. What coin is not down. If you are swing trading do not cry about your loss, because 1 year from now IF the price flys up THEN WHAT ?
The coin is doing great, I see the developers working hard regularly. Stop your silly FUD because if you did hold VRC you would be asking more relevant questions like "How does it work... I am interested" or "How will the bandwidth work" actually if you were truly a vrc holder you would not even be here you would be with all of us in https://www.vericoinforums.com.
October 26, 2014, 04:09:10 PM
For anyone who thinks that decentralized cloud storage is not something that will be either beneficial or lucrative to the ones who get in on the ground floor first, you are certainly mislead. This is coming from an IT professional, lots of opportunity here. Anyone who thinks otherwise is severely mislead and or doesn't know crap about technology and what the future of it will be like. Everything is going cloud you dumb asses. Check out storj.io. They are on the ground floor already. No response needed. Thanks for the entertainment.
+1 Their reason for bashing decentralized cloud storage is that "illegal things can be stored and thats bad! thats not vrc!!" BUT THEn HE WANTS A DECENTRALIZED MARKETPLACE!!! lololol what an oxymoron ! Always revealing their cards and motives
...Well can't expect trolls to be too bright. October 26, 2014, 04:04:37 PM
AltcoinUK your so sad and pathetic you obviously have no brain in your head... @effects its nice your trying to be civil with these trolls that jump on any and every opportunity to criticize any mistakes (moolah only mistake..period..which has nothing to do with vrc)but no need to, your just fuelling their fire
Everytime this pathetic troll posts anything ,its so cringeworthy i lmao every time without fail...." incorporate good ideas and valuable suggestions from intelligent and experienced users like Barabbas, Monsieur Lupin, Kleineapp, etc" BAHAHAHHAHHAHAHA and you want to be taken seriously?! You think your smart because you called the moolah fiasco?! BAHHA your one of the 4 embarrassments in this thread! OK?
When everyone in a community is telling you your pathetic or no one agrees with you besides the same 3 butthurt trolls , i think u need to reassess your head
YOU are not a community member your a troll! know your place just like I'm a cheerleader Have you made a profile on the new forums or are you boycotting because you must stick to your own criticism... that forum is a much better place to speak with the community and discuss your so called "great ideas" .
Why don't u start a barabbas coin together? That should be perfect since u guys have all the answers! Im sure that coin will just rise and keep rising OK? LOL
Anyway carry on with your work i enjoy watching u cry everyday ! Never seen people as butthurt as you and barabbas....monsieur lupin and kieinapp well at least they have lives and don't write books every single day repeating themselves but they are just as butthurt as u my friend
You had numerous opportunities to exit vericoin, but you don't cause you love it
p.s.
btw effects doesn't know me and I'm sure doesn't appreciate how i speak to u trolls , but I enjoy trolling trolls but obviously since your always uninformed and blab wtv BS u can that comes to mind in your little peabrain ...you wouldn't know that since all u know is bct...OK? LOL
Aye barabbas...OK? lulz
Yes i love using winks emoticon lol learnt that in cheerleading class
Everytime this pathetic troll posts anything ,its so cringeworthy i lmao every time without fail...." incorporate good ideas and valuable suggestions from intelligent and experienced users like Barabbas, Monsieur Lupin, Kleineapp, etc" BAHAHAHHAHHAHAHA and you want to be taken seriously?! You think your smart because you called the moolah fiasco?! BAHHA your one of the 4 embarrassments in this thread! OK?
When everyone in a community is telling you your pathetic or no one agrees with you besides the same 3 butthurt trolls , i think u need to reassess your head
YOU are not a community member your a troll! know your place just like I'm a cheerleader
Have you made a profile on the new forums or are you boycotting because you must stick to your own criticism... that forum is a much better place to speak with the community and discuss your so called "great ideas" .Why don't u start a barabbas coin together? That should be perfect since u guys have all the answers! Im sure that coin will just rise and keep rising
OK? LOLAnyway carry on with your work i enjoy watching u cry everyday ! Never seen people as butthurt as you and barabbas....monsieur lupin and kieinapp well at least they have lives and don't write books every single day repeating themselves but they are just as butthurt as u my friend
You had numerous opportunities to exit vericoin, but you don't cause you love it
p.s.
btw effects doesn't know me and I'm sure doesn't appreciate how i speak to u trolls , but I enjoy trolling trolls
but obviously since your always uninformed and blab wtv BS u can that comes to mind in your little peabrain ...you wouldn't know that since all u know is bct...OK? LOLAye barabbas...OK? lulz
Yes i love using winks emoticon lol learnt that in cheerleading class
October 26, 2014, 03:18:15 PM
So whats going on with this coin besides the fights on this thread?
It looks like price is being pushed towards the 23 BTC wall at 8000. If some people can be so kind to panic sell into that wall I am sure we will see an epic pump soon after that
It looks like price is being pushed towards the 23 BTC wall at 8000. If some people can be so kind to panic sell into that wall I am sure we will see an epic pump soon after that
October 26, 2014, 02:12:36 PM
For anyone who thinks that decentralized cloud storage is not something that will be either beneficial or lucrative to the ones who get in on the ground floor first, you are certainly mislead. This is coming from an IT professional, lots of opportunity here. Anyone who thinks otherwise is severely mislead and or doesn't know crap about technology and what the future of it will be like. Everything is going cloud you dumb asses. Check out storj.io. They are on the ground floor already. No response needed. Thanks for the entertainment.
October 26, 2014, 01:48:35 PM
Decentralized exchange? But people could sell drugs weapons and child porn there altcoinuk
Altcoinuk, im sure you have no technical knowlegde or what ever.
all you can say/repeat is blockchain 2.0 and decentralized exchange/marketplace.
there are dozens of these projects which will be finished soon.
it would make zero sense to start developing it for vrc now.
do something that is unique and innovative.
The cloud storage industry is rising with exponential growth - there are studies that show a 200+ billion marketcap by 2018
Altcoinuk, im sure you have no technical knowlegde or what ever.
all you can say/repeat is blockchain 2.0 and decentralized exchange/marketplace.
there are dozens of these projects which will be finished soon.
it would make zero sense to start developing it for vrc now.
do something that is unique and innovative.
The cloud storage industry is rising with exponential growth - there are studies that show a 200+ billion marketcap by 2018
October 26, 2014, 11:44:53 AM
The first coin to have a feature where the biggest fuders fight the dev in real life like a spanish bull fight (for ever sat it goes up we hit them with poisoned blow darts), and we can bet on the winner is going to the moon - I say VRC step up to the plate - cement its position in history. Don't stand by the wayside as weedcoin version 4.20 integrate it first, and were all just eating loses because of the prolonged indecision.
Fuders = (not someone with an actual criticism to be beneficial)
A. Someone without a real complaint just trying to minipulate price on the basis of their financial position. Usually not winners, and normally late to criticize.
B. Some that's just a real jerk, and I believe giving to those that want, and in this case it's an ass-kicking. Everyone wins, fuder gets attention VRC wins another brawl, and we get to watch internet powerlifters get taken down one dart at a time.
(This post is not serious. Think of it as a thread bump, or it is serious, and you have assburgers. Sorry, cue the sad rusty trumbones)
Fuders = (not someone with an actual criticism to be beneficial)
A. Someone without a real complaint just trying to minipulate price on the basis of their financial position. Usually not winners, and normally late to criticize.
B. Some that's just a real jerk, and I believe giving to those that want, and in this case it's an ass-kicking. Everyone wins, fuder gets attention VRC wins another brawl, and we get to watch internet powerlifters get taken down one dart at a time.
(This post is not serious. Think of it as a thread bump, or it is serious, and you have assburgers. Sorry, cue the sad rusty trumbones)
October 26, 2014, 10:36:10 AM
Any reason for to current drop in price ?
Yes, there is a reason. The market is disinterested and apathetic about VeriCoin. Apart from failures and disappointments the devs being delivering nothing for the market, consequently the price is low. When the VRC devs announce such irrational shambles like the decentralized cloud storage then the investors just say, oh dear, here we are again, another pathetic vericoin idea, and the investors put the money into more sensible ideas.
Don't get me wrong, the VRC devs are very nice, talented and intelligent young men, but unfortunately their inexperience in business and the arrogance of youth prevent them to understand their target audience, business in general, incorporate good ideas and valuable suggestions from intelligent and experienced users like Barabbas, Monsieur Lupin, Kleineapp, etc. As most of their professional and life experience is from a PhD student lab, they just don't have the skills to perform this business (yet) and can't deliver a thing that worth any investments. That's the reality. That's why the price is 8k. What cheerleaders, fanboys says about how great Vericoin is irrelevant, the price speaks for itself.
However, as the market disapproves basically everything that VRC delivers, the devs will be getting desperate soon (just like they were desperate not long time ago when James offered his deal and the devs being under pressure, mainly from us, and took that offer). Then, the devs will admit that the cloud storage, VeriBit, VeriSMS, VISA card and other delusional nonsenses is not valued by the market nor crypto currency users, and then they will start thinking about to deliver something that matters. I think in long term VRC will be fine, because the devs are intelligent enough to learn from their own mistake, but this unnecessary long chain of irrational ideas like the decentralized cloud storage could be certainly avoided by being more open minded and less arrogant.
AltcoinUK, I appreciate your balanced approach to giving criticism here. Thanks. I do appreciate constructive criticism, it's what all people need to grow and change, it's just hard to hear when it's unbalanced and overly critical. Ultimately I am a scientist, I want as close to objectivity as possible. What do you think is our best move at this point? I wonder what it is you think would be a great addition to the technology.
Also although I have over 5 years of full time C++ coding experience, I had never done an opensource github project before so I didn't understand all the github conventions when we started this coin. So ultimately it looked like a scam coin github, lol, because I didn't fork it properly and so on. I have since improved the github and have started adding updates to the protocol and have started a new phase of coding novel protocol updates. https://github.com/vericoin/vericoin
Before getting into the technicalities, in my opinion there is a bigger problem, your marketing and current theme. Your current message that VRC is better than BTC doesn't say anything for the mass, your target audience. If I would be you, I would push very strongly the theme that Barabbas has put forward here, the Bank vs. honest, pure digital currency message. Two young scientists offers alternatives to greedy and corrupt banks, it's a perfectly marketable theme, even people like me who don't speak English a great deal get that Banks vs. people friendly digital currency message immediately.
As for in which area to progress, if James could collect 5 million $ and Ethereum was able to collect 25 million $ then one would think your transparent team - that terms of marketability is in a far better position than James and terms of marketability you are in the same league as the Ethereum team - is in a prime seat to be successful in this market. Still your coin is in a very bad shape. I fully understand you don't have the resource that Ethereum has, on the other hand James demonstrated that small scale operation and a clear and sensible idea could be successful even in this dried out market. In my opinion, pick up a blockchain 2 feature, something that can be incorporated into your blockchain. I fully get that's what you try to achieve with the decentralized storage, but that use case is not a good idea (see above your community tells it's why not a good idea). So what is the area to progress? In my opinion, either the decentralized marketplace or decentralized exchange, terms of software engineering both of them doable just like you can do the decentralized cloud storage. One thing is sure, you need to do something terms of software development to have a unique selling point and be more than one of the +500 BTC/LTC forks.
I am sure you will figure out :-)) the main ingredients to success are consistency and not giving up, and scientists like yourself have those attributes.
These are good points. Thanks. We will have decentralized exchanging through SuperNET so this would be redundant likely. What in a decentralized marketplace would be bought and sold? Question to the community, what would you want to buy in a decentralized marketplace with VRC?
October 26, 2014, 10:25:50 AM
My point about anon was, that it was voted out (i did not say i wanted anon added) , this cloud seems much worse to me.
The Datacenter i was talking about is how u would provide quality of service.
All those sharing apps u mention how many of those pay u actual money to share?
They would be the internet providers that your stealing money from.
I know you might think stealing a few pennies from that big company is not so bad i disagree.
It completly taints vrc by providing such a service.
and clearly the market agrees with me or i with it.
Spam more "anti" fud blabla , instead of explaining to me and everyone else still holding this coin why this isnt true.
Saying VRC did well past month is simply not true we got a little supernet bump and now we are down where it was before.
The Datacenter i was talking about is how u would provide quality of service.
All those sharing apps u mention how many of those pay u actual money to share?
They would be the internet providers that your stealing money from.
I know you might think stealing a few pennies from that big company is not so bad i disagree.
It completly taints vrc by providing such a service.
and clearly the market agrees with me or i with it.
Spam more "anti" fud blabla , instead of explaining to me and everyone else still holding this coin why this isnt true.
Saying VRC did well past month is simply not true we got a little supernet bump and now we are down where it was before.
October 26, 2014, 10:00:08 AM
Any reason for to current drop in price ?
Yes, there is a reason. The market is disinterested and apathetic about VeriCoin. Apart from failures and disappointments the devs being delivering nothing for the market, consequently the price is low. When the VRC devs announce such irrational shambles like the decentralized cloud storage then the investors just say, oh dear, here we are again, another pathetic vericoin idea, and the investors put the money into more sensible ideas.
Don't get me wrong, the VRC devs are very nice, talented and intelligent young men, but unfortunately their inexperience in business and the arrogance of youth prevent them to understand their target audience, business in general, incorporate good ideas and valuable suggestions from intelligent and experienced users like Barabbas, Monsieur Lupin, Kleineapp, etc. As most of their professional and life experience is from a PhD student lab, they just don't have the skills to perform this business (yet) and can't deliver a thing that worth any investments. That's the reality. That's why the price is 8k. What cheerleaders, fanboys says about how great Vericoin is irrelevant, the price speaks for itself.
However, as the market disapproves basically everything that VRC delivers, the devs will be getting desperate soon (just like they were desperate not long time ago when James offered his deal and the devs being under pressure, mainly from us, and took that offer). Then, the devs will admit that the cloud storage, VeriBit, VeriSMS, VISA card and other delusional nonsenses is not valued by the market nor crypto currency users, and then they will start thinking about to deliver something that matters. I think in long term VRC will be fine, because the devs are intelligent enough to learn from their own mistake, but this unnecessary long chain of irrational ideas like the decentralized cloud storage could be certainly avoided by being more open minded and less arrogant.
AltcoinUK, I appreciate your balanced approach to giving criticism here. Thanks. I do appreciate constructive criticism, it's what all people need to grow and change, it's just hard to hear when it's unbalanced and overly critical. Ultimately I am a scientist, I want as close to objectivity as possible. What do you think is our best move at this point? I wonder what it is you think would be a great addition to the technology.
Also although I have over 5 years of full time C++ coding experience, I had never done an opensource github project before so I didn't understand all the github conventions when we started this coin. So ultimately it looked like a scam coin github, lol, because I didn't fork it properly and so on. I have since improved the github and have started adding updates to the protocol and have started a new phase of coding novel protocol updates. https://github.com/vericoin/vericoin
Before getting into the technicalities, in my opinion there is a bigger problem, your marketing and current theme. Your current message that VRC is better than BTC doesn't say anything for the mass, your target audience. If I would be you, I would push very strongly the theme that Barabbas has put forward here, the Bank vs. honest, pure digital currency message. Two young scientists offers alternatives to greedy and corrupt banks, it's a perfectly marketable theme, even people like me who don't speak English a great deal get that Banks vs. people friendly digital currency message immediately.
As for in which area to progress, if James could collect 5 million $ and Ethereum was able to collect 25 million $ then one would think your transparent team - that terms of marketability is in a far better position than James and terms of marketability you are in the same league as the Ethereum team - is in a prime seat to be successful in this market. Still your coin is in a very bad shape. I fully understand you don't have the resource that Ethereum has, on the other hand James demonstrated that small scale operation and a clear and sensible idea could be successful even in this dried out market. In my opinion, pick up a blockchain 2 feature, something that can be incorporated into your blockchain. I fully get that's what you try to achieve with the decentralized storage, but that use case is not a good idea (see above your community tells it's why not a good idea). So what is the area to progress? In my opinion, either the decentralized marketplace or decentralized exchange, terms of software engineering both of them doable just like you can do the decentralized cloud storage. One thing is sure, you need to do something terms of software development to have a unique selling point and be more than one of the +500 BTC/LTC forks.
I am sure you will figure out :-)) the main ingredients to success are consistency and not giving up, and scientists like yourself have those attributes.
You know if you were 1/10th less arrogant about your "opinions" you might make it easier for the dev to understand. Even if I were to agree with you 100% you come off as an arrogant twat. I have no connections other than trading with this coin. Considering how well it has held up with the performance of many coins as of late VRC is still holding on. While manys coin took a dump in this past month VRC rallied, and is still holding 8-9k mark. It's not exemplary, but this coin in comparison vs other btc 2.0 coins this one has dredged a path whilst under serious competition, and than the "bailout" "roll-back" whatever you want to call it at least showed us the dev is all in wether what they did was wanted or not.
One big red flag from your post is this - price doesn't dictate anything more than interest at this point.(Even then it's still speculation) If I understand you correctly you're equating the price with interest in the coin, and the consequence from lack of genuine innovation. So in other words if the price was 10x higher you wouldn't make a peep? My 2 cents for what it's worth. "I am sure you will figure out :-)) the main ingredients to success are consistency and not giving up, and scientists like yourself have those attributes." At least that portion was semi-nice.
October 26, 2014, 09:35:17 AM
Any reason for to current drop in price ?
Yes, there is a reason. The market is disinterested and apathetic about VeriCoin. Apart from failures and disappointments the devs being delivering nothing for the market, consequently the price is low. When the VRC devs announce such irrational shambles like the decentralized cloud storage then the investors just say, oh dear, here we are again, another pathetic vericoin idea, and the investors put the money into more sensible ideas.
Don't get me wrong, the VRC devs are very nice, talented and intelligent young men, but unfortunately their inexperience in business and the arrogance of youth prevent them to understand their target audience, business in general, incorporate good ideas and valuable suggestions from intelligent and experienced users like Barabbas, Monsieur Lupin, Kleineapp, etc. As most of their professional and life experience is from a PhD student lab, they just don't have the skills to perform this business (yet) and can't deliver a thing that worth any investments. That's the reality. That's why the price is 8k. What cheerleaders, fanboys says about how great Vericoin is irrelevant, the price speaks for itself.
However, as the market disapproves basically everything that VRC delivers, the devs will be getting desperate soon (just like they were desperate not long time ago when James offered his deal and the devs being under pressure, mainly from us, and took that offer). Then, the devs will admit that the cloud storage, VeriBit, VeriSMS, VISA card and other delusional nonsenses is not valued by the market nor crypto currency users, and then they will start thinking about to deliver something that matters. I think in long term VRC will be fine, because the devs are intelligent enough to learn from their own mistake, but this unnecessary long chain of irrational ideas like the decentralized cloud storage could be certainly avoided by being more open minded and less arrogant.
AltcoinUK, I appreciate your balanced approach to giving criticism here. Thanks. I do appreciate constructive criticism, it's what all people need to grow and change, it's just hard to hear when it's unbalanced and overly critical. Ultimately I am a scientist, I want as close to objectivity as possible. What do you think is our best move at this point? I wonder what it is you think would be a great addition to the technology.
Also although I have over 5 years of full time C++ coding experience, I had never done an opensource github project before so I didn't understand all the github conventions when we started this coin. So ultimately it looked like a scam coin github, lol, because I didn't fork it properly and so on. I have since improved the github and have started adding updates to the protocol and have started a new phase of coding novel protocol updates. https://github.com/vericoin/vericoin
Before getting into the technicalities, in my opinion there is a bigger problem, your marketing and current theme. Your current message that VRC is better than BTC doesn't say anything for the mass, your target audience. If I would be you, I would push very strongly the theme that Barabbas has put forward here, the Bank vs. honest, pure digital currency message. Two young scientists offers alternatives to greedy and corrupt banks, it's a perfectly marketable theme, even people like me who don't speak English a great deal get that Banks vs. people friendly digital currency message immediately.
As for in which area to progress, if James could collect 5 million $ and Ethereum was able to collect 25 million $ then one would think your transparent team - that terms of marketability is in a far better position than James and terms of marketability you are in the same league as the Ethereum team - is in a prime seat to be successful in this market. Still your coin is in a very bad shape. I fully understand you don't have the resource that Ethereum has, on the other hand James demonstrated that small scale operation and a clear and sensible idea could be successful even in this dried out market. In my opinion, pick up a blockchain 2 feature, something that can be incorporated into your blockchain. I fully get that's what you try to achieve with the decentralized storage, but that use case is not a good idea (see above your community tells it's why not a good idea). So what is the area to progress? In my opinion, either the decentralized marketplace or decentralized exchange, terms of software engineering both of them doable just like you can do the decentralized cloud storage. One thing is sure, you need to do something terms of software development to have a unique selling point and be more than one of the +500 BTC/LTC forks.
I am sure you will figure out :-)) the main ingredients to success are consistency and not giving up, and scientists like yourself have those attributes.
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