Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 134. (Read 1356140 times)

I don't see any problem. As a matter of fact I was the earliest proponent of investing (in supernet assets) the money "donated" before the price of VRC was UNDER 10k as it was inevitably going to be. It appears it will be done at the lowest possible price? Another brilliant move by our stooges...

Where I see a problem, several in fact, is when it comes top the understanding of what the deal is supposed to be (James changes it more times thann I change my underwear). James/Supernet will buy 10% of VRC and, in exchange, VRC will buy the equivalent in value (not %) in SuperNET. How that is going to happen when only 20% of the intended initial "donations" are raised, it is still a mystery to me...

All this is SEPARATED from whatever DONATION the community decides to award James when and IF the price reaches the thresholds of 50k sat and 100K sat, both of which seem quite a tall order the way things are shaping around the altcoin world these days (within a week, and for an entire month, I believe BRO is going to suck in most of the already very thin liquidity in the entire altcoin scene).

Uh... the BITVERI bit -pun absolutely intended- lasted less than a sushi roll in my plate.

I may have the bull by the horns here but as a investor in SuperNET my understanding is that SuperNET will buy 10% of what ever coin makes it into SuperNET. I have never seen anything about any coin donating

10% of there coin supply. As SuperNET is a work in progress and not a completed project no coins have been purchased as yet. When SuperNET is sorted and running the 10% will be purchased at market rates.

The coins raised already where for the purchase of the Unity/SuperNET asset (at discounted rate). If this is the case then what's the problem.

Jon 

I believe -although I must admit I only understand a % of what he writes- that Kevondo is referring not just to the donations but the funds in the Vericoin Fund. I maybe mistaken, of course.

Now, all this said, it is time for James to recognize that his proposal, and request to the community, to raise 10% of the total coins in "donations", was a terrible failure for not only a very small part of the initial request -not even 20% of it- was actually "donated" but those who donated were a very minimal part of the VRC community.

 Pretending therefore that the whole community was behind the idea of "donating" (actually be willing to be paid 10k sat for their coins, at a later time), is just not even close to real.

James has a lot of work to do here if he wants to ever reach the goal of getting the VRC community to pony up 10% to buy into the SuperNET. Things would have to change quite drastically for that goal to be achieved, even with the timeline being quite generous in time... which is something that doesn't work in James' influence's favor, as we have been corroborating of late.

Of course BITVERI will save the day...rotflol

You are just unintentionally funny... sigh....

+1 lol

I find it hilarious that Kevondo, who refused to contribute a dime in massive 20 point font when asked, but now it seems he feels has the right to claim my money and spend it as he wishes in spite of the votes and wishes of the actual people who escrowed the funds and in spite of the wishes of the person we sent the funds to. 
People sent those funds to James, not you.  And James gave them back to the original donators to vote (via how much they donated) and so far 100% of the people voting with their own coins (via the blockchain) have voted to purchase the SuperNET asset UNITY, and yet you still complain.....Kinda shocking actually.

LOL, if anyone believes this, PM me because I have some ocean front property in Kansas to sell you.

CONCERNING THE RECENT S/N-UNITY 100-1 swap



As I said in my intial response to the swap proffered by James I do NOT have a problem with the donors swapping their 20%

for SN/UNITY. They'll be getting that back at some time anyway.

The other 80% is the communitties and the community should be made aware what the status of the fund is and get a say in

how it's dealings. James is ONE member of the VRC community. He can set his terms and the community can accept them or

not.
 
This SuperNET Committee ? It's the first I've heard of it and my request for when it was formed? Who's on it? and What is

it's charter? Have not been answered. Why not??

If the Dev's just went ahead and decided to do the deal without discussing it with the community  any semblence of the

Democratazation of the money system went out the window. Calling it Community is reduced to Lip Service.

I see the disposition of 80% of the VEF as something the Community has a say in. Only the Donors Voted. This is (as I've

stated previously)  precisley the issue this thread was started for; to get the rights of the Community and  the voting protocol 

straight so when things like this (The Swap Deal) come along it could proceed in an orderly, transparent manner.

Pnosker states there isn't a way to insure a fair vote. That's his opinion. This isn't a new issue. Solutions are being develop

utilising Block Chain Tech.  Someone in the NXT community has been working on a "voting" procedure. It's at or near end

stage for useage. In either case the communitty should be consulted before any "deal" is signed off on.

The "Shell Game", fast shuffle, of "Here's the Deal.", "But this is the deal", "What is the Deal?" with no clear answer and

the next day the "Deal" is something else are a huge problem for crypto.

People will do what they do.

The Block Chain is "Math". It's uncorruptible.

If you want to Develop a Coin (or anything else for that matter) and be the "Sole Decsion Maker" or have a board or

committee which makes the calls fine.

But don't say it's a community where everyone has a say and then run it with a few, influencial, well placed, or monied

individuals dicating to the community as a whole.

Do what you Say you are going to.  This is Integrity. Anything less isn't moving society forward. 

The initial momentum for yesterday's spike coincided perfectly with Effects2Cause's Twitter tease about BitVeri; it's likely related to that. This is why it's important to keep an eye on all forums and social outlets, IMO, even the ones that you wouldn't normally use. News on Twitter often has a more immediate impact on a coin's short term price than news on BCT.

Maybe its something to do with the fact there has been a change to the vrc escrow fund with supernet apparently I now own some sort of unity nxt vrc asset ?. And cant seem to figure out what its about any Dev got a few to explain this move. Was anything posted about this here cant see anything?.  Thanks in advance.

Someone is injecting some coin in VRC. That you James? If so, appreciated but...

It is perhaps time for an update on what your tech plans are for VRC in order to get it to join the core SuperNET. Exactly what would be the tech aspect coming from VRC that will complete the SuperNET? I mean, it really doesn't matter if others start working on developing on their own since that would not gain them access tpo the SuperNET since it will be a copy of what VRC would bring, right? So no need to keep it secret. Amd it is going to be open source anyway...

So please, let us know exactly what VRC will bring to SN, to complete it.

I know you are busy, but not that busy so...

bahahahahha no no wait...........bahahahahahahhahahahahahahhahahahahbahahahhahahahah!!! Good pump group so invested in vrc ,didn't even know the 10% is ours .... bahahahahhahaha go back to bed lol

And you would, of course, delude yourself that way. Predictable. Inevitable.

Seems legit...

Just to clarify, I support the IDEA of the SuperNET; to support it fully I would need to know which 10 coins will form it.

As of now, I would not support a SuperNET that included VRC in the 10. James has stated that he will bring VRC technologically up to par to justify it's possible inclusion and up until now James' credibility, for me, remains intact.

You may have been mislead by my support of VRC associating itself with James, which was a humongous positive (double the price almost instantly), which is a different thing altogether.

Another erroneous assumption that you make (and you make several) is that VRC will "give" 10% of the company... VRC will give NOTHING, you need to know this very clearly, nothing at all whatsoever. What VRC could -but is not officially required to do-, is to buy in SuperNET an amount similar to 10% of the VRC value at the time, in exchange for SuperNET purchasing of 10% of Vericoin. Quite a different thing. A "shares swap" is what that figure is called in the regular financial world. Hopefully now you will "get it".

Oh and I enthusiastically support that "swap" on 2 conditions: That the selected 10 coins bring to the SuperNET unique, cutting edge and best in class technologies, which are synergic and not repeated, one, and two, that the tech that James would have brought by then to VRC justify it's inclusion. Just being the public face guarding James' personal anon won't do.

EDIT to add:

By the way, your "group" apparently had huge plans to support VRC at the "bottom" 8000 level. It is quite possible (entirely up to James though for he can stop the price going down at any moment, very easily) that it will get back there again... Is that what you are in reality looking forward to happen to buy in much bigger then?

You know, it is the opposite of trustworthiness that you would have waited this long to issue your threat.

And you know what is absolutely hysterical? That your "group" would have had "big plans" for VRC. The Black Hand -and I am not entirely sure you are not La Mano Nera, mind you-, had "big plans" for BC and sank it after activating their "big plans" many times to run dry the idiotic investors that were -and some still are holding their monumental bags in there. And they did it with the full complicity of the Devs... just like you pretended here. Like I said, hysterical.... you should go to the bobsurplus school because the whole P&D game has evolved enormously since the Mafia-like days and it is way more sophisticated these days. You need to get updated... I see also that your usual frontman is not doing the posting anymore... that's another really bad move for it speaks of inconsistency and, frankly, panic. You guys are bagholders! Big, huge, humongous ones. Who knew, ah?

you are back?

Juicy.

I'm still trading VRC all day long.

Yea right talking noobs (sic)funny how this is your first post, come on use your real ID or are you scared to expose yourself and your real agenda. If you don't like what is happening with VRC, just sell and let the rest

of us get on with it. Maybe your pump group could find a nice quite place and start your own coin maybe you could call it PUMP coin and gather round mutually masturbating over it.

Jon 

We have never and will never make decisions based on one investor or investment group's opinions, including jl777.  If your group wants to threaten dumping in return for action then I believe you are in the wrong place, as so many others with the same view have been.