Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 168. (Read 1356140 times)

Ummm so how did that work out for you?

I think we gonna start exchanging this currency

One persons opinion. Price is good as it is. It is growing the way it is supposed to. BBR was a smaller market with less coins and easier to jack up the price. 90% of VRC hodlers are realistic. 9.9% are delusional and one person is just talking smack. The slow growth with new investors coming in will only make vrc stronger in the long run. I am sure I speak for must intelligent vrc hodlers.... we wait patiently. We grown slowly. As a team we will be a giant before it is all said and done.

It might be just the OBA. 

What is OBA?
A: VeriPool handles payouts differently than other pools. It may take up to 24 hours before you begin to receive payouts. The pool pays per block as opposed to on a fixed schedule. When you do start to receive payouts, they will likely be quite small at first; you will receive a fraction of what you've earned for each block while the remaining balance is put into the OBA (Optimized Buying Algorithm).  The OBA monitors the exchanges for trends and will hold all of the coins until it thinks it can get the best trades; this may be a few hours or even a day or two.  Once the OBA makes some trades, you will begin to receive larger payouts and they SHOULD remain much more consistent in size and periodicity after that.  It can take up to two or three days for payouts to "stabilize". During this period, as mentioned above, you'll be earning more coins than you're receiving. Don't worry, tho! Those coins are not lost, they're simply being held by the OBA as it attempts to maximize your profits.  When you stop mining, you'll likely continue to receive payouts for up to five additional days until all of the coins that you've earned have been paid.

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

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 :/

The mentioned greed part took over. Judging by the time it took to respond the entire pizza was delivered and eaten in that amount of time. I have agents outside who saw the pizza delivered by driver Rudy ID # 22314 of Papa John. Pat tipped him with 12 queters and told him to keep the change!!!

JK.. LoL

  Well I just threw down some coin on the supernet. Looks like a great idea to me and the rise of the price is a great thing for this development.

Maybe I took too long to access the code from Gyft but I can't seem to fetch it now . At least it's just Papa John's.

Don't be greedy... email me a slice

Wow, I completely forgot about that... now to order pizza...

What a jerk! Pat didn't offer anyone pizza from that coupon. I have searched everyone of his post and not a hint of that pizza.

@Doug - anyone who is gonna keep me up all night better tip me atleast 1 btc. I bet they dare not ask me for anything else again, lol.

I gifted Pat with a pizza coupon a number of months ago. I do not know if he used it benevolently or was overcome with greed and ate the entire pizza himself.

Pat already addressed nearly everything regarding this.  I did receive one tip of .2 BTC from Wizrig once for my work on the wallet, when I was up all night working on it.  I actually told him after that I wasn't comfortable receiving tips like this.  I would rather just put the work in to improving VeriCoin, it's value and that be my reward.  This way I don't feel obligated to do anything in any way  (he never asked me to do anything for him though).  I also have all my mined coins and bought some on the market and I am holding for the long run.  Friends and family are also holding for long run.

Thanks and bye

I said i didnt want to reply to you anymore but one last time:

Because you are straight up lying, spreading baseless accusations and calling names.

Read your last 10 post in this thread.

I could point everything out but it would take me atleast a hour to do so lol

If you are really interested in vericoin do yourself the favour and research everything about vericoin and supernet again.

Also why are you supporting monero and darkcoin?

Anyways, nobody will answer, because the answer is obvious. People are desperate for price appreciation.


Anyways. Drink the koolaid folks. I am certainly not 1 to rain on anyone's parade. Infact, I CAN HONESTLY say I hope this is the next multibillion dollar coin.



I officially resign from VeriLeader, any and all involvement in VeriCoin ceasts today outside of my squatted domains.

gl in your future investments guys and gals.

Could someone answer my question about why VeriLeader's, and comunity members are asking him to pump the price?

I asked why people are looking to this anon person for leadership and here are 3 responses in 2 minutes...


x2 active members telling me I have no VRC

x1 active members telling me I'm a troll.


Anyone left in this thread with and self respect, or class that would mind answering the question please?

I may be wrong to be under the impression that jl777 had more to do with the team than I thought. My fault.

But you must understand this honest mistake as I have not had nearly enough time to watch this thread. And I constantly see people looking to him, and conversing with him about "his plan", and findings ways to bend over backwards to meet this anon devs financial needs is sickening to me.

Going forward I realize this, and will not make that mistake that he is a part of the team. He is a third party, the same as coinsis, and the other ones we are banking on to get us ahead of the game.

I hope others start looking to our developers going forward more than this plan. I haven't seen any respect for the developers and there work since jl777 came aboard and talked himself up enough to take the hearts and minds of some of the most active VeriLeaders.