Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 320. (Read 1356147 times)

Let me get this straight: In your opinion, during the last 2 couple of weeks there has been a lot of "accumulation", "massive", in fact, by your expression... well, how massive has it been, since you appear to have done the deed (of tracking it)?

Because I believe you are probably mistaking the affluence of coins to the trading exchanges for "massive accumulation", which, as you very well know, produces the opposite effect... or, more precisely, what has been in fact happening in the markets in the last couple of weeks.

See? I haven't been tracking the top 100 wallets, but I got from Patrick -we all did- just yesterday, that we have around 20-22 million REAL coins staking and something like 5.5 million coins -or thereabouts- on the exchanges. And you DO know that the total coins in existence is 26.8 million.... I am not a very gifted mathematician, admittedly, but I use the fingers quite well to add and susbtract and much turns I give to it, In continue coming out with ... the opposite to accumulation.

Perhaps you should track less wallets and maybe identify the exchanges wallets instead, the main one is actually quite easy to see, and that would give you a very good guide as to how much accumulation, massive or otherwise, is actually taking place... and when the opposite to that is happening, which is, indeed, what we have been suffering here during those weeks you just mentioned.

With the tweet by the devs, we seem to have put a halt to the selling for now and currently stand at almost 40% above the early low. Not a bad trade if you ask me. And not a bad move, as I have been suggesting of late. Perhaps there's gas for a bit more, but don't expect those who bought under 9, like me, to be idle and not book some gains here for the first time in weeks, so any further rebound could be somewhat tepid... at least until the "secret weapon" is unveiled over the weekend. Interesting trading days ahead, in my view, and a very nice and welcome increase in volume and exposure. All positive regardless of the size of the rebound.

But no accumulation of any kind, except in the trading wallets at MP and Bittrex mostly.

not so sure about that, BlkHandAshDrake...did some live trading for us in IRC on Mintpal to show us he wasn't full of shit 20k sold and bought in matter of seconds...at a rather high price

Tanner have a source?

@barabbas

Black Hand dump ther coins before the hack.

If you tracked the top 100 wallets over the last couple of weeks you would of seen a massive amount of accumulation..I think we will see something played out here in the coming week.

OK, I'll put on my tin foil hat, ok? When a big wall appears, more often than not is formed by various sellers that happen to set their sell orders at that particular price. Now, since I have the tin foil firmly installed in my head, I am going to speculate, instead, that that was in fact one big seller or coordinated group of sellers. I would speculate even more: It was more than probably The Black Hand getting rid of significant amounts of their 4.5 million coins invested long ago with the hope the devs would play ball, like BC did before, and let them manipulate not one but several gigantic pumps and dumps. Since the devs showed clearly that they would not play ball, in spite of the efforts of Joel Bosch -reknown Mano Nera operative-, The Black Hand proceeded, slowly, to dump those 4.5 million coins.

I believe the spiral downside has been provoked mainly for that reason and with those players in the field.

But what do I know, I am just speculating with my tin foil hat on...

Meanwhile there's a nice over 25% rebound in progress, so it seems the announcement of the "secret weapon" on twitter, as I pointed out, is doing what it is supposed to do. Glad the devs came out with that. Came out with anything, really...

Geez was it 18k? In hindsight, maybe 18k was a good price to sell for ;-)

Its was a 42 BTC sell wall on Mintpal at 18k and it was being eaten but was being replenished, it was there for a good 2 days. That killed the last uptrend, we would've been back to 20k-25k...yeah no manipulation here, move along nothing to see here.

Someone posted a pic of it on here somewhere...

I must say Barrabas, that I thought the 42BTC sell wall at 13k (or was it 12k?) on mintpal during the last mini-pump was awfully suspicious at the time and did seem to indicate that the seller wanted the price to stay down..

Oh must be those darn manipulators that keep it artificially low elsewhere while someone bought maybe 4 coins for 16k! How can some like Barabbas and the others deny  such clear evidence, how can they??

LOL! 16k at poloniex 

You see? You are not only convinced youy are quite capable of identify intelligence, but you believe you are quite bright yourself... and yet, points and ideas pass above your head like there's nothing below, you don't grasp any, not even remotely, and still you choose to believe that it is not your fault and, instead, it must be some language -on my part, of course- miscommunication. There's a lot of differences between "smart" and "intelligent". As well as several varieties of both. Having a high IQ doesn't mean that the individual has actual knowledge, much less experience, on anything. And being smart can mean that someone doesn't even know how to read but still acts with plenty of smarts ... these are usually called "street smarts" but smarts by any other name are still smart. I'm sure you are capable of catching my gist here.

Biochemistry and Molecular Biology, while fascinating sciences, have very little to do -nothing, in fact- with creative and valuable ideas regarding a project of a crypto currency, let alone ANY idea whatsoever about finances, marketing or communications. Our boys have evidenced already total lack of all those skills to significant extremes in just 2 months. Nothing that should surprise anyone considering that, well, they are good, brilliant even, maybe, at Biochemistry and Molecular Biology which has the same to do with those matters I just mentioned as olympic swimming or fashion design, for instance.

Problem here is the raw arrogance evidence many times has proven these two guys, Pat and Doug, actually believe they are semi-geniuses in financial matters, quite adept at communication and authorities in matters of marketing. And, to put it somewhat mildly, the SUCK at those three. Badly. Added to that, neither them nor dev3 have, so far, proven that they are good at creating valuable, marketable, original features in a coin. There's some promise out there but it is a promise that is growing quickly old.

I KNOW -age and experience gives you that is a couple of instances, not in many more- that you understand clearly my points but your condition of invested bagholder, added to the one that actually believe what you and others -me included- post here has direct influence in the price movements, will prevent you from admitting the obvious, on all counts, so don't sweat too much trying to respond with anything close to smart.

Oh and by the way, how's your brother -the genius- knowledge of Siglo de Oro literature? I take that he will speak fluently at least seven languages and several African dialects, so I'm sure he will know everything there's to know about that and many other matters just putting a few minutes to study them...

Lesser humans, such as me, trust more experience though, in most matters.

And Google, of course.

Edit add.- The have time enough, on your other matter, to tend to their ego requirements and, seemingly, to any other matter, including vacations. And yes, I could stop "pestering", as you so eloquently put it, them but I'd much rather try to keep them on their toes, committed to do the best that they can instead. It's my money and their prerogative. Yours is to post inane things or try something remotely resembling intelligence... which would probably be a noble and discreet silence, but what do I know, right?

Be quick, 11 BTC sell wall at 9k is now slowly eaten (only 2 BTC left). VRC is about to rocket to 11k-13k by tonight. It's perfect time to get in before VRC train leaves the station

I hope the price will stay at this level  till tomorrow, then I have more BTC to invest.

More accessible: I am available for hire. If you know of anyone willing to pay some decent wages, I can do an excellent job either cheerleading or the opposite. I never found anyone willing but you seem to have experience, or so you say.

It will have to be under a different handle -and I don't have any other, so it would have to be created- since Barabbas is committed to the truth, no exceptions...

I think what barabbass was tring to say was.....

S M A R T !

Well it is something, whatever that "big secret" turns out to be. In principle it has helped stop the sell off, just that announcement, so perhaps the devs are beginning to pay a bit of attention...

As for you toxic boy, get back under the tinfoil. or not. What your conspiracy theory now, that UK and I are somehow coordinated? He's contemplating selling a huge stake and I just bought a minimal, modest (by comparison) amount, so not only we are not coordinated but we seem to be, at this moment, more or less ready to bet on opposite directions...

But I understand you'd be confused,,, after all, at your level, all seems to be a bit of a foggy vision all the time anyways, isn't it?

Congrats!  I think you just won the unintelligible post of the day award.  I'm pretty good with puzzles and word games but my brain hurts just from trying to decipher it so for now I'm just going to let it be. 

You guys ever notice how the FUD squad barabbas and altcoinUK are almost ALWAYS on at the same time? I wonder who is the sock puppet of who...oh wait, I really don't care.

Oh and btw as per the Devs on twitter BIG secret things in store for this coming weekend, proof here.
https://twitter.com/VeriCoin/status/499036139651883009

Are you nuts? The issue is not the today market dynamics you fan boy, the issue is that Vericoin price dropped more than 80% in the last few weeks, none of the legit coins had such performance. Jeez, you hardcore cheerleaders are really something else.

Now, really, I had enough from this debate, good luck with the process.

If you know of anyone willing to pay decent money, I can submit scripts, convincing ones. The subjects are ripe all over the place.

What you fail to see in your narrow vision of things is that hiding from truth and reality has never, ever, produced any meaningfully positive results.

on the other hand, only people of very peculiar minds can attribute to the posts of Bobsurplus or Smoothie ANY bearing at all on the price ... and this is not just opinion but demonstrated fact, repeatedly, when in the most heated moment of their attacks -and others, not just those two-, the preci not only remained for many days above 30k but actually rebounded from that level a number of times... immediately after the controversial roll back. So pretending now that this sustained dumping, of weeks, has anything whatsoever to do with whatever anyone (but the devs) posts here, is... lets just leave, very generously, on NAIVE, ok?

Now, that the devs posting here or anywhere else -or NOT posting here or anywhere else-, give the impression that there's nowhere to go by VRC but down for there's nothing to look for in the future but a white paper written while on vacation, THAT can influence a bit of people of the fence to sell and look for more promising ventures.

You see, what the devs post, here or anywhere else, IS important and potentially market moving. That's why the should be much more intelligent, and careful, with what they post, than they have proven to be so far. People want them to show here, it is understandable, but they should be aware, and, again, careful, about what image they project when they post here and never post viscerally -much less arrogantly- because the wrong impression -and that's all that is needed to move markets down- is quite easy to produce and impossible to erase.

In other words, investors have reached the moment where they demand that the devs put up AND shut up. If they ask for time, there isn't any left. Can they control, of try to, this downfall? Of course, but it would mean coming out with specifics, timetables and specifics that are more than promising. And even that would be a tough sell. As I have pointed out already before, it is imperative, in my opinion, that they do so. Now. Before it is too late and there's no possible return.

Before everything is lost.