[ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 167.

ereborltc

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Quote from: effectsToCause on September 10, 2014, 09:52:39 PM

Quote from: jl777 on September 10, 2014, 08:51:10 PM

Quote from: barabbas on September 10, 2014, 08:01:31 PM

@ James

I read that one of the requirements to join the SuperNET is that SuperNET has to own 10% of the joining coin. I understand it is way too early at this point but since, initially, your requirement was 10% precisely to be bought at 10k sat, I am quite curious as to how do you envision that potential future transaction to go down and perhaps a schedule..?

Also, association and cross-promotion between coin projects are (today SYNC/PINK) and are going to continue being more and more extensive and frequent in the near future. Not exactly the same idea behind SuperNET but not altogether very distant either, how do you see that progressing and in which way, if in any, will those associations affect that project?

Thank you.

I do not worry myself over specific negotiations, this is done by TheWhale. Since the strategy is to invest in a coin prior to it being accepted and this being reflected in the market price, I would interpret that to mean that this marketprice is not known yet, as VRC is in the pre-acceptance stage. Now if the market becomes optimistic and makes the price too high, then this 10% is not achievable as the SuperNET funding is coming in on the low side anyway.

I like to have a general idea of what I want to achieve, but not to predetermine every step, rather to observe the conditions at the moment in time when the decision must be made. Then to make a decision that is hopefully a wise one. In any case VRC is a unique situation due to the preexisting agreement and my personal involvement, so assuming any sort of standard thing is probably unwise.

I do not fool myself into thinking I am able to predict anything 6 months out or even 6 days out. If two weeks ago you were to ask me about some big IPO, I would have thought you were talking about etherium as I did not even decide to do the SuperNET offering until two Saturday's ago. It just seemed the right thing to do as it solves a lot of the issues that need to be solved.

I am not aware of any details of SYNC/PINK, but I am a supporter of any and all things that are helping crypto and I will do my best to make a wise decision on how to interact with these (or any other) projects.

James

P.S. OK, something just flashed in my mind and that is if there is this community fund of 10%, and SuperNET is making the big money like I expect in the coming months, then it will be able to afford to buy this 10% for BTC and/or UNITY and maybe this is what will happen? Just one of many possible outcomes, but one that feels like it will have a reinforcing effect to have the coin community owning a piece of SuperNET in exchange for SuperNET owning a piece of the coin. cryptorestu

I think the coin communities owning a piece of SuperNET and SuperNET owning a share of the coin of each community is systemically near ideal, and potentially a very effective strategy for generating a feedback loop of growth and innovation.

sounds very interesting...

effectsToCause

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Activity: 761

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VeriCoin & Verium Creator/Developer

Quote from: jl777 on September 10, 2014, 08:51:10 PM

Quote from: barabbas on September 10, 2014, 08:01:31 PM

@ James

I read that one of the requirements to join the SuperNET is that SuperNET has to own 10% of the joining coin. I understand it is way too early at this point but since, initially, your requirement was 10% precisely to be bought at 10k sat, I am quite curious as to how do you envision that potential future transaction to go down and perhaps a schedule..?

Also, association and cross-promotion between coin projects are (today SYNC/PINK) and are going to continue being more and more extensive and frequent in the near future. Not exactly the same idea behind SuperNET but not altogether very distant either, how do you see that progressing and in which way, if in any, will those associations affect that project?

Thank you.

I do not worry myself over specific negotiations, this is done by TheWhale. Since the strategy is to invest in a coin prior to it being accepted and this being reflected in the market price, I would interpret that to mean that this marketprice is not known yet, as VRC is in the pre-acceptance stage. Now if the market becomes optimistic and makes the price too high, then this 10% is not achievable as the SuperNET funding is coming in on the low side anyway.

I like to have a general idea of what I want to achieve, but not to predetermine every step, rather to observe the conditions at the moment in time when the decision must be made. Then to make a decision that is hopefully a wise one. In any case VRC is a unique situation due to the preexisting agreement and my personal involvement, so assuming any sort of standard thing is probably unwise.

I do not fool myself into thinking I am able to predict anything 6 months out or even 6 days out. If two weeks ago you were to ask me about some big IPO, I would have thought you were talking about etherium as I did not even decide to do the SuperNET offering until two Saturday's ago. It just seemed the right thing to do as it solves a lot of the issues that need to be solved.

I am not aware of any details of SYNC/PINK, but I am a supporter of any and all things that are helping crypto and I will do my best to make a wise decision on how to interact with these (or any other) projects.

James

P.S. OK, something just flashed in my mind and that is if there is this community fund of 10%, and SuperNET is making the big money like I expect in the coming months, then it will be able to afford to buy this 10% for BTC and/or UNITY and maybe this is what will happen? Just one of many possible outcomes, but one that feels like it will have a reinforcing effect to have the coin community owning a piece of SuperNET in exchange for SuperNET owning a piece of the coin. cryptorestu

I think the coin communities owning a piece of SuperNET and SuperNET owning a share of the coin of each community is systemically near ideal, and potentially a very effective strategy for generating a feedback loop of growth and innovation.

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: barabbas on September 10, 2014, 08:01:31 PM

@ James

I read that one of the requirements to join the SuperNET is that SuperNET has to own 10% of the joining coin. I understand it is way too early at this point but since, initially, your requirement was 10% precisely to be bought at 10k sat, I am quite curious as to how do you envision that potential future transaction to go down and perhaps a schedule..?

Also, association and cross-promotion between coin projects are (today SYNC/PINK) and are going to continue being more and more extensive and frequent in the near future. Not exactly the same idea behind SuperNET but not altogether very distant either, how do you see that progressing and in which way, if in any, will those associations affect that project?

Thank you.

I do not worry myself over specific negotiations, this is done by TheWhale. Since the strategy is to invest in a coin prior to it being accepted and this being reflected in the market price, I would interpret that to mean that this marketprice is not known yet, as VRC is in the pre-acceptance stage. Now if the market becomes optimistic and makes the price too high, then this 10% is not achievable as the SuperNET funding is coming in on the low side anyway.

I like to have a general idea of what I want to achieve, but not to predetermine every step, rather to observe the conditions at the moment in time when the decision must be made. Then to make a decision that is hopefully a wise one. In any case VRC is a unique situation due to the preexisting agreement and my personal involvement, so assuming any sort of standard thing is probably unwise.

I do not fool myself into thinking I am able to predict anything 6 months out or even 6 days out. If two weeks ago you were to ask me about some big IPO, I would have thought you were talking about etherium as I did not even decide to do the SuperNET offering until two Saturday's ago. It just seemed the right thing to do as it solves a lot of the issues that need to be solved.

I am not aware of any details of SYNC/PINK, but I am a supporter of any and all things that are helping crypto and I will do my best to make a wise decision on how to interact with these (or any other) projects.

James

P.S. OK, something just flashed in my mind and that is if there is this community fund of 10%, and SuperNET is making the big money like I expect in the coming months, then it will be able to afford to buy this 10% for BTC and/or UNITY and maybe this is what will happen? Just one of many possible outcomes, but one that feels like it will have a reinforcing effect to have the coin community owning a piece of SuperNET in exchange for SuperNET owning a piece of the coin. cryptorestu

barabbas

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Activity: 1162

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@ James

I read that one of the requirements to join the SuperNET is that SuperNET has to own 10% of the joining coin. I understand it is way too early at this point but since, initially, your requirement was 10% precisely to be bought at 10k sat, I am quite curious as to how do you envision that potential future transaction to go down and perhaps a schedule..?

Also, association and cross-promotion between coin projects are (today SYNC/PINK) and are going to continue being more and more extensive and frequent in the near future. Not exactly the same idea behind SuperNET but not altogether very distant either, how do you see that progressing and in which way, if in any, will those associations affect that project?

Thank you.

jl777

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Activity: 1176

Merit: 1134

Quote from: barabbas on September 10, 2014, 07:27:53 PM

I don't know why you insist but let me remind you, once again James, that I was the FIRST here, in the coin and on the forum, to enthusiastically support the idea brought in by drkman. The FIRST. So I don't quite understand what you may mean with putting "the three" in the same box.

Please calm

I am only speaking the impressions of the community that there were three peoples causing conflict

I said from the beginning that the little I saw from your postings gave me mixed impression and it is proven you have wanted to help, but you are significantly higher IQ than average and this is causing frustration to you when others are not seeing what is obvious to you.

My feeling is that this frustration being compounded by the unhappy past events and price action made you lose your temper, and when this dark side is taking over us, well, it is quite painful to others around us. I know when I am in this state, I am saying some cruel things

Let me apologize if I made you feel like you had any ill intentions. Now, the dark times are over, your intellect will be helping the others and the community will be able to look to you to solve the difficult problems.

James

P.S. when there are peoples that are not understanding what I see clearly and are making silly statements, I just say "I am not made of cheese".

barabbas

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Quote from: jl777 on September 10, 2014, 05:53:25 PM

Quote from: altcoinUK on September 10, 2014, 05:23:41 PM

Quote from: jl777 on September 10, 2014, 01:38:52 PM

Quote from: altcoinUK on September 10, 2014, 07:28:05 AM

Quote from: SolarBTC on September 10, 2014, 06:11:04 AM

and the power of investors that come with jl777

That power is lot less than what was promised and expected. After the great speeches and the promised endless access to infinitely rich whales the price couldn't even break 20k, and VRC started from a very low volume and very low price of 10k.
I would never do the bitching and complaining if the price rise, but as the price is fluctuating around 15k and going nowhere, better to ask where is the promised buy support of whales and not to celebrate what is not there.

I am not a pumper and I never promised instant 10x on price. That is not how it works. BBR was a special case as its price was artificially lowered, so there was a snapback to a more normal price. Adding value takes time, but the 50% gain indicates a fundamental revaluation has occurred and from here what is wanted is a steady gain of ~2% per day

The rapid gains are speculators who will just sell at a profit. The way to get 10x long term is with 2% per day. This is what I work for and what I have done with BTCD. The base rate was higher than 2% there, but this is because it started at 100K marketcap, not $1 mil. If anybody doubts the power of 2% per day, do the calculation of 1.02 to the 120th power

This is a four month timeframe of boring 2% gains. Not everyday will be a gaining day, so we need 120 net gaining days of 2%

dozens of new investors are watching VRC very closely now. They are providing buy support that creates a stable base needed for the steady gains. I know that you know that $1 mil in marketcap doesnt happen without investor support.

There will be a time for some more active price movements, but for now, it is important to stabilize at a new floor. usually a week, sometimes two.

So the price is going to stay around here for while. I am surprised you are complaining. Have you looked at the long term charts? 10x volume and 50% gain, we are making a flag pattern on chart as the initial buy panic is oscillating around this level. .00015 is a perfectly fine range for this stage.

To create a long term price gain, you need to be gaining new investors without losing existing ones. This happens in cycles. Like climbing stairs. Any sudden rise is always followed by a drop, the key to note is where the price is oscillating around. Once the long term stair step pattern is created, then investors will learn to wait to buy at the bottom, maybe sell a bit at the top if they are keen for the excitement of daytrading. Of course the HODL is the best strategy if you are thinking in 6 months the price is much higher.

So we have to be realistic and satisfied with steady progress in price. When the new releases are coming out, that is usually when the next step up in price happens.

James

Fair enough, what you said makes lot of sense.

I guess, I was just trying to squeeze out more from the situation :-))) not that I want to sell as I bought a reasonable amount even during the last few weeks when the price was at 8-9k and in the meantime I sold a very little during the weekend, and I am sure many VRC holders did the same and did buy during even the stagnation period, but we long time VRC bag holders already bought as much as we could, we have been staking and we need new investment to flow into the coin. Not that we want to day trade, but to keep the momentum going. Besides of that, just like in professional golf or football the winning take care of everything, in this business the raising coin price take care of every problems. But it seems you know that and you are acting to get there.

Thank you for understanding!
It seems 2 of the 3 are now convinced that maybe I am bringing some value. I think there is a song about this?
2 out of three aint bad

James

I don't know why you insist but let me remind you, once again James, that I was the FIRST here, in the coin and on the forum, to enthusiastically support the idea brought in by drkman. The FIRST. So I don't quite understand what you may mean with putting "the three" in the same box.

pi933

newbie

Activity: 34

Merit: 0

Quote from: X-Laboratories on September 10, 2014, 01:29:46 PM

Hi guys,
always supporting VRC
Just a quick question:
I am the one throwing 10 Gh/s into the x11 veripool.
I am a little worried, coz i hashed there for a month with my usual hasrate (130mh/s) on x11..and the payments were 20/25 coins each..every 4/5 hours.
Now i am hasing with 10gh/s ...and it pays me 80 coin per hour ( 400 coins in the same timeframe window of the comparison)
Something is wrong with the payments on the veripool, you can easily make some math...
My hashrate now is zillion (800%+)times my usual hashrate..but the coins i receive are not so many...am i correct?
Hope someone find a reason for that..i feel...my hashing is a bit wasted tbh :/

My payments, per transaction, have been slowly dropping since you upped your hash rate. So, I suspect the OBA algorithm or whatever is playing catch up.

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: altcoinUK on September 10, 2014, 05:23:41 PM

Quote from: jl777 on September 10, 2014, 01:38:52 PM

Quote from: altcoinUK on September 10, 2014, 07:28:05 AM

Quote from: SolarBTC on September 10, 2014, 06:11:04 AM

and the power of investors that come with jl777

That power is lot less than what was promised and expected. After the great speeches and the promised endless access to infinitely rich whales the price couldn't even break 20k, and VRC started from a very low volume and very low price of 10k.
I would never do the bitching and complaining if the price rise, but as the price is fluctuating around 15k and going nowhere, better to ask where is the promised buy support of whales and not to celebrate what is not there.

I am not a pumper and I never promised instant 10x on price. That is not how it works. BBR was a special case as its price was artificially lowered, so there was a snapback to a more normal price. Adding value takes time, but the 50% gain indicates a fundamental revaluation has occurred and from here what is wanted is a steady gain of ~2% per day

The rapid gains are speculators who will just sell at a profit. The way to get 10x long term is with 2% per day. This is what I work for and what I have done with BTCD. The base rate was higher than 2% there, but this is because it started at 100K marketcap, not $1 mil. If anybody doubts the power of 2% per day, do the calculation of 1.02 to the 120th power

This is a four month timeframe of boring 2% gains. Not everyday will be a gaining day, so we need 120 net gaining days of 2%

dozens of new investors are watching VRC very closely now. They are providing buy support that creates a stable base needed for the steady gains. I know that you know that $1 mil in marketcap doesnt happen without investor support.

There will be a time for some more active price movements, but for now, it is important to stabilize at a new floor. usually a week, sometimes two.

So the price is going to stay around here for while. I am surprised you are complaining. Have you looked at the long term charts? 10x volume and 50% gain, we are making a flag pattern on chart as the initial buy panic is oscillating around this level. .00015 is a perfectly fine range for this stage.

To create a long term price gain, you need to be gaining new investors without losing existing ones. This happens in cycles. Like climbing stairs. Any sudden rise is always followed by a drop, the key to note is where the price is oscillating around. Once the long term stair step pattern is created, then investors will learn to wait to buy at the bottom, maybe sell a bit at the top if they are keen for the excitement of daytrading. Of course the HODL is the best strategy if you are thinking in 6 months the price is much higher.

So we have to be realistic and satisfied with steady progress in price. When the new releases are coming out, that is usually when the next step up in price happens.

James

Fair enough, what you said makes lot of sense.

I guess, I was just trying to squeeze out more from the situation :-))) not that I want to sell as I bought a reasonable amount even during the last few weeks when the price was at 8-9k and in the meantime I sold a very little during the weekend, and I am sure many VRC holders did the same and did buy during even the stagnation period, but we long time VRC bag holders already bought as much as we could, we have been staking and we need new investment to flow into the coin. Not that we want to day trade, but to keep the momentum going. Besides of that, just like in professional golf or football the winning take care of everything, in this business the raising coin price take care of every problems. But it seems you know that and you are acting to get there.

Thank you for understanding!
It seems 2 of the 3 are now convinced that maybe I am bringing some value. I think there is a song about this?
2 out of three aint bad

James

altcoinUK

hero member

Activity: 784

Merit: 1000

Quote from: jl777 on September 10, 2014, 01:38:52 PM

Quote from: altcoinUK on September 10, 2014, 07:28:05 AM

Quote from: SolarBTC on September 10, 2014, 06:11:04 AM

and the power of investors that come with jl777

That power is lot less than what was promised and expected. After the great speeches and the promised endless access to infinitely rich whales the price couldn't even break 20k, and VRC started from a very low volume and very low price of 10k.
I would never do the bitching and complaining if the price rise, but as the price is fluctuating around 15k and going nowhere, better to ask where is the promised buy support of whales and not to celebrate what is not there.

I am not a pumper and I never promised instant 10x on price. That is not how it works. BBR was a special case as its price was artificially lowered, so there was a snapback to a more normal price. Adding value takes time, but the 50% gain indicates a fundamental revaluation has occurred and from here what is wanted is a steady gain of ~2% per day

The rapid gains are speculators who will just sell at a profit. The way to get 10x long term is with 2% per day. This is what I work for and what I have done with BTCD. The base rate was higher than 2% there, but this is because it started at 100K marketcap, not $1 mil. If anybody doubts the power of 2% per day, do the calculation of 1.02 to the 120th power

This is a four month timeframe of boring 2% gains. Not everyday will be a gaining day, so we need 120 net gaining days of 2%

dozens of new investors are watching VRC very closely now. They are providing buy support that creates a stable base needed for the steady gains. I know that you know that $1 mil in marketcap doesnt happen without investor support.

There will be a time for some more active price movements, but for now, it is important to stabilize at a new floor. usually a week, sometimes two.

So the price is going to stay around here for while. I am surprised you are complaining. Have you looked at the long term charts? 10x volume and 50% gain, we are making a flag pattern on chart as the initial buy panic is oscillating around this level. .00015 is a perfectly fine range for this stage.

To create a long term price gain, you need to be gaining new investors without losing existing ones. This happens in cycles. Like climbing stairs. Any sudden rise is always followed by a drop, the key to note is where the price is oscillating around. Once the long term stair step pattern is created, then investors will learn to wait to buy at the bottom, maybe sell a bit at the top if they are keen for the excitement of daytrading. Of course the HODL is the best strategy if you are thinking in 6 months the price is much higher.

So we have to be realistic and satisfied with steady progress in price. When the new releases are coming out, that is usually when the next step up in price happens.

James

Fair enough, what you said makes lot of sense.

I guess, I was just trying to squeeze out more from the situation :-))) not that I want to sell as I bought a reasonable amount even during the last few weeks when the price was at 8-9k and in the meantime I sold a very little during the weekend, and I am sure many VRC holders did the same and did buy during even the stagnation period, but we long time VRC bag holders already bought as much as we could, we have been staking and we need new investment to flow into the coin. Not that we want to day trade, but to keep the momentum going. Besides of that, just like in professional golf or football the winning take care of everything, in this business the raising coin price take care of every problems. But it seems you know that and you are acting to get there.

lootz

legendary

Activity: 806

Merit: 1000

Quote from: barabbas on September 10, 2014, 04:13:30 PM

Quote from: lootz on September 10, 2014, 04:09:33 PM

Quote from: barabbas on September 10, 2014, 03:56:48 PM

It is forgotten indeed.

You know how I know you are gay.... its how you type indeed ever so gently.... Tongue

GO VRC WOOOOO

I don't know if that is a homophobic statement or just a very stupid one... indeed.

It is from the movie 40-year-old Virgin Tongue

https://www.youtube.com/watch?v=AOVehIKpm4k

barabbas

legendary

Activity: 1162

Merit: 1000

Quote from: lootz on September 10, 2014, 04:09:33 PM

Quote from: barabbas on September 10, 2014, 03:56:48 PM

It is forgotten indeed.

You know how I know you are gay.... its how you type indeed ever so gently.... Tongue

GO VRC WOOOOO

I don't know if that is a homophobic statement or just a very stupid one... indeed.

lootz

legendary

Activity: 806

Merit: 1000

Quote from: barabbas on September 10, 2014, 03:56:48 PM

It is forgotten indeed.

You know how I know you are gay.... its how you type indeed ever so gently.... Tongue

GO VRC WOOOOO

Xosihc

hero member

Activity: 538

Merit: 500

Hello

Quote from: buy4crypto on September 10, 2014, 09:39:51 AM

Quote from: Xosihc on September 08, 2014, 09:38:05 PM

Quote from: positivehigh on September 08, 2014, 08:22:28 PM

James please say a little of your plan here so this coin will start the rise again so before the launch of the supernet the price will be attractive. thank you

this +1

Then why do I constantly see things like this? People look to anon third party james, more than our own leadership.

Xosihc just was at the state fair, talking to senators! I was so proud, then the next post I see is this. He is looking to this third party, or anon dev 4 for direction on what to do next... I mean... WOW no?

That is one VeriLeader under the control of jl777, I can mention pretty much the whole VeriLeader crew in that same sentance. I am so ashamed to call myself a VeriLeader. But I am better than that. I will defend this coin, because its worth it. Because I am what all the future Verileaders will aspire to be.

Respected members of the comunity, Verileader's, asking for direction from the new anonymous shot caller, over leadership. Simply amazing.

buy4crypto,

I don't think you understood my enthusiasm. If you haven't noticed from my posts over the weekend and into Monday - I'm pretty excited about vericoin being accepted into the SuperNET project. This is exactly one of the main reasons I stand behind vericoin. You may or may not have ever seen it but I wrote a 3 page post (posted on here, as well as vericoininfo.net) about the 5 reasons I'm bullish on vericoin. Aside from point #1-4, was point #5; strategic partnerships. That's exactly what this is - a strategic partnership. It's going to benefit both parties involved and I think will benefit digital currencies as a whole. So for that reason - I'm excited.

The +1 I gave this guy came from the point - the SuperNET project has to a degree unified the vericoin community, which is AWESOME! It's made the price go up too which I won't lie, also makes me happy. I would like to see the price continue to go up. Because the more the price goes up - the more value my vericoins have. I don't think there is anything wrong in wanting that. So with that all being said - I was looking forward to what "James" had to say next. He followed-up yesterday with a really nice post that basically answered those questions. So, that was all I was looking for.

To say I am now looking outward for direction on where to go next is an overstatement. I still reach out to the dev's on a regular basis with feedback, thoughts and direction. This whole jl777 is just another wheel piece in itself. They do not need to be mutual exclusive.

Also speaking of being mutual exclusive - why can't I be excited about jl777, still talk to the dev team, and still talk to people within my community? Yes, I have been in talks with Secretary of State (not Senators) about digital currency, we continue to talk about ways to integrate digital currencies in Minnesota. I volunteer my time to many projects related to digital currencies (bitcoin too) that are outside of what we are talking about here. I am part of different meetup groups. I do have other interests outside of vericoin too. There are some really cool local projects going on here in Minnesota with GIVEcoin and IDcoin. Oh, and I'm also interested in the Ethereum project. Is that ok?

I guess I might have missed your point, I would be more than open to hearing your thoughts based on my response and what you were expecting from me? We can have an open dialog about it.

Best,

Xosihc

barabbas

legendary

Activity: 1162

Merit: 1000

It is forgotten indeed.

criptix

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Activity: 2464

Merit: 1145

Quote from: barabbas on September 10, 2014, 03:52:28 PM

Quote from: criptix on September 10, 2014, 03:48:39 PM

Quote from: barabbas on September 10, 2014, 03:32:10 PM

In all fairness the "James effect" has not produced just a 50% gain... The coin was in the low, very low 8, quite stagnant and with more probability of continuing down than up at all. The "conversations" between James and the devs took the price to the 10 level, so it was quite the first steps of the "James effect". Finally, the full announcement and immediate actions -i.e.- giving the donations to the community-, produced the frenzy that took the price to 19800.

Under any and all considerations, the "effect" has been -and continues being- extremely powerful, especially considering that VRC reached the top spot on Bittrex in volume and remains among the top most traded coins... all of this while dealing with the vocal skepticism of some AND, more importantly, the reality of a sort of "waiting period" that, in crypto terms, is quite big.

With all these considerations -and others, including those who clocked profits and others that exited after recouping losses- taken into account, the price action is frankly encouraging, as it is the volume which brings awareness to the project, a project, mind you, that had been discounted as a failure by many that are now quite interested in keeping track of developments and that feel, like me, that it can have a future.

oh my, didnt though i would see something like that again after 2 months of derp from you.

i totaly agree with you....
gosh - my head is spinning Cheesy

Well it only proves that you understand just one direction... something quite worrysome when that direction goes all the way to Palookaville... Think about it: From your standpoint, nothing has happened here during the last few days, nothing at all. Now think about that a little bit more, ok? You really, really need it. Because a lot, a huge lot, has indeed changed here with James' arrival. Consequently -please google that word-, my words reflect the new and quite different situation.

your clearly missed the point of my post or my english is just bad it seems......
just forget it

( but if you want to know: its the first post since 2 months from you that i agree to )

barabbas

legendary

Activity: 1162

Merit: 1000

Quote from: criptix on September 10, 2014, 03:48:39 PM

Quote from: barabbas on September 10, 2014, 03:32:10 PM

In all fairness the "James effect" has not produced just a 50% gain... The coin was in the low, very low 8, quite stagnant and with more probability of continuing down than up at all. The "conversations" between James and the devs took the price to the 10 level, so it was quite the first steps of the "James effect". Finally, the full announcement and immediate actions -i.e.- giving the donations to the community-, produced the frenzy that took the price to 19800.

Under any and all considerations, the "effect" has been -and continues being- extremely powerful, especially considering that VRC reached the top spot on Bittrex in volume and remains among the top most traded coins... all of this while dealing with the vocal skepticism of some AND, more importantly, the reality of a sort of "waiting period" that, in crypto terms, is quite big.

With all these considerations -and others, including those who clocked profits and others that exited after recouping losses- taken into account, the price action is frankly encouraging, as it is the volume which brings awareness to the project, a project, mind you, that had been discounted as a failure by many that are now quite interested in keeping track of developments and that feel, like me, that it can have a future.

oh my, didnt though i would see something like that again after 2 months of derp from you.

i totaly agree with you....
gosh - my head is spinning Cheesy

Well it only proves that you understand just one direction... something quite worrysome when that direction goes all the way to Palookaville... Think about it: From your standpoint, nothing has happened here during the last few days, nothing at all. Now think about that a little bit more, ok? You really, really need it. Because a lot, a huge lot, has indeed changed here with James' arrival. Consequently -please google that word-, my words reflect the new and quite different situation.

criptix

legendary

Activity: 2464

Merit: 1145

Quote from: barabbas on September 10, 2014, 03:32:10 PM

In all fairness the "James effect" has not produced just a 50% gain... The coin was in the low, very low 8, quite stagnant and with more probability of continuing down than up at all. The "conversations" between James and the devs took the price to the 10 level, so it was quite the first steps of the "James effect". Finally, the full announcement and immediate actions -i.e.- giving the donations to the community-, produced the frenzy that took the price to 19800.

Under any and all considerations, the "effect" has been -and continues being- extremely powerful, especially considering that VRC reached the top spot on Bittrex in volume and remains among the top most traded coins... all of this while dealing with the vocal skepticism of some AND, more importantly, the reality of a sort of "waiting period" that, in crypto terms, is quite big.

With all these considerations -and others, including those who clocked profits and others that exited after recouping losses- taken into account, the price action is frankly encouraging, as it is the volume which brings awareness to the project, a project, mind you, that had been discounted as a failure by many that are now quite interested in keeping track of developments and that feel, like me, that it can have a future.

oh my, didnt though i would see something like that again after 2 months of derp from you.

i totaly agree with you....
gosh - my head is spinning Cheesy

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Quote from: souljah1h on September 07, 2014, 05:54:59 PM

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

barabbas

legendary

Activity: 1162

Merit: 1000

In all fairness the "James effect" has not produced just a 50% gain... The coin was in the low, very low 8, quite stagnant and with more probability of continuing down than up at all. The "conversations" between James and the devs took the price to the 10 level, so it was quite the first steps of the "James effect". Finally, the full announcement and immediate actions -i.e.- giving the donations to the community-, produced the frenzy that took the price to 19800.

Under any and all considerations, the "effect" has been -and continues being- extremely powerful, especially considering that VRC reached the top spot on Bittrex in volume and remains among the top most traded coins... all of this while dealing with the vocal skepticism of some AND, more importantly, the reality of a sort of "waiting period" that, in crypto terms, is quite big.

With all these considerations -and others, including those who clocked profits and others that exited after recouping losses- taken into account, the price action is frankly encouraging, as it is the volume which brings awareness to the project, a project, mind you, that had been discounted as a failure by many that are now quite interested in keeping track of developments and that feel, like me, that it can have a future.

ereborltc

hero member

Activity: 966

Merit: 500

the trolls will be trolls, trolling cause the price didn't double or triple... james never said that would happen...in fact he specifically said that WONT happen. if your looking for a major pump so u can flip your coins ,your barking up the wrong tree!

i couldn't be happier with this 50% rise and its not the rise that I'm impressed with, its the steady climb! establishing a proper floor and moving up slowly ,gradually and strong...

I finally feel safe buying more and more vericoin

thanks to the devs for their hard work and thanks to james for bringing back the community together! the future is bright!

Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 167. (Read 1356140 times)