And just as I was typing this you posted three more times...all negative and none productive rantings and ramblings. I rest my case...
Actually Barrabas is right about Veribit, Verisend and VeriSMS. All are completely useless functions and certainly don't put vericoin in the league of innovative coins. No wonder the statistic indicates the three features have 9 users worldwide (from the 9 users 3 are the developers). Hardly creative and innovative ideas like Veribit, Verisend and VeriSMS are not good enough, no wonder the price is 9k.
And what other coins have useful features in the real world besides bitcoin? This is a long-term play...
You need to pull your head out of crypto and look at this from non crypto, everyday person point of view...the more features and useability Vericoin has the more chance it has at being a useable currency.
Well, obviously I can't prove you're wrong about that. I guess we just have a different view on what makes a coin successful. I don't think Veribit, Verisend and VeriSMS can make a coin successful. But of course, this is just pure speculation, just as you speculate that that such features can propel a coin. Therefore, better to rely on the ultimate test: the market. The market has spoken and don't like the direction - that's why the price is 9k. CLOAK which had the same price as vericoin at the end June currently 4 times as valuable as vericoin today, VIACOIN that had the same price 4 weeks ago as vericoin currently more than 3 times as valuable as vericoin. So obviously not the seasonal investment volume issue is the real problem, even EffectsToCause always blame the summer for the low price.
The devs are here for the dollar and the only reason their CVs are in the public domain is to convince investors to buy the coin. Therefore, if they needed the investment, I believe it is reasonable to expect they do a better job (actually any job would be great because they not delivered anything in the last 9 weeks). I am not sure if you noticed, but there are at least 2 new people write in this thread every day who have never visited here before to tell the same story over and over: these real people aren't FUDders, they bought the coin for real money at 30k-50k by reading Pnosker tweets and EffectsToCause posts about the bright future. The disappointment of the investors is not FUD, and I think the problems and possible solutions need to be discussed.
Thank you for your well thought out response...much respect for your point of view. Why can't this forum be filled with civil and constructive discussion instead of feeding the hate machine know as barabass.
While barabass was spewing his hateful and non constructive rants there was a serious discussion of Dev4 (project Juggernaut) in IRC, a planned meeting will happen between Dev4 and the Vericoin developers soon. To discuss him possibly joining the team...
Pat, Doug and Dave will meet with him to see what he has to offer...he has dropped his intial offer of 1 million VRC to 500k VRC and payment would only be given when certain goals and projects have been completed.
The Vericoin Developers have stated that this is the communities coin and if we want to bring something to the table they are all for it. People have already offered to put forward a large amount of the required VRC to make this project a reality including myself.
Put your money where your mouth is barabass!
I ALWAYS put my money were my mouth is. ALWAYS. And my efforts too. Which, obviously, don't mean, even remotely, pipe dreams such as this Juggernaut thing is.
While ANYTHING at all is much better -only by comparison, of course- to the absolute nothingness that we currently have, like I have stated many times, VRC does not NEED anything else... but setting a logical, common sense source of action. If AFTER setting that clear path, a new dev is needed -and it is in my belief- I am all for it. But first things first: Get the most of the very few assets you have. THEN and ONLY then, reach out for new heights.
As I have stated before, the whole Juggernaut scheme, as presented, is not just bogus it is thoroughly idiotic and bound to disappoint even the most hopeful of supporters. There's no developer who can guarantee any price increase, I don't know who he is. That's simple reality. So selling the pen that way is simply stupid, sorry. Now, if there's a developer that really "gets it" and is willing to work for free and to be paid for results, I obviously am all for it. But clearly, as it is. No ifs, no buts. I don't believe such an individual exists. I believe Juggernaut is just another loudmouth with not a single chance of moving VRC on inch in the right direction. But I'd very much like to be proven wrong.
And, as stated by others already -and suggested by me in the first place- Nosker and the proposer of Juggernaut ALONE have already pledged 100k VRC. They alone -maybe with the help of Doug and Dave and a couple cheerleaders, can sustain that bet, fronting up the bail for this bet, since there's absolutely no risk involved. They don't need either my money or my support: The guy delivers -and at the current prices, practically anything sensible would easily improve the price by 20-50%, it's that easy-, he gest his half million and the backers get not only much bigger payment in the value of their remaining portfolios but, if they decide to cash in, they can wash out their contributions and book significant profits even with just a small part of their holdings. No need for community donations for this. At all.
So all for Juggernaut on those terms. AND convinced that a reasonable goal, such as 20-40% would be achieved almost instantly from these current levels ... only to be severely sold off and back to square one, mind you. I just saw the film again (take a look at the "Black is Back" title, if you will, in the last few days). So go ahead and do it. It won't be bad at all, it can only be good. And since we all will sell big time into it, we all will benefit.
Now, if I am wrong, and the momentum picks up and this gets back to the 20s, all the more reason to celebrate and for the veritalk "crowd" to shout hurrahs.
The way I see it, it is, as posted before, win-win-win and THEN win situation. Not because it is anything to be optimistic about it in and out of itself but because of the dire situation we are locked into.
And, again, it doesn't need my money at all.