Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 322. (Read 1356147 times)

How come you didn't buy Litecoin instead?  It's down to $5.60 right now.  I'm just curious as to why you'd want to buy an alt in which you seem to hold it's devs in such low esteem.

One of the very few actually buying: Just got my full (modest) order filled under 9k. People still dumping hands over fists.

The project, with the devs totally absent for all intents and meaningful purposes, is lacking direction and, above all, achievements. No one outside of the fully stretched VRC community, sees any future in this project, the same way they don't in BC. By the time Doug is back from vacation, his hobby project might easily have lost another couple of digits. Nature of the beast. Anyone seeing any reason, any real reason at all for a rebound any time soon? I didn't think so. Neither do all those dumping quite massively every single day...

So they dump and move to projects perceived as having one.

That simple.

Consider this a lesson learned. NEVER invest money that you can't afford to lose.

Everything you've said is soooo right.  Just spot on.

+1,000,000,000

Amazing post. Thank you for this.

I wasn't worried about your background in crypto.  I was merely reiterating/reinterpreting for you what Arsène Lupin said, which you seemed to have misinterpreted and then called it nonsense.

Also, I think it's a bit early in the game to be calling anything a failure.  I'm not happy with the price either but I've used it as an opportunity to greatly reduce my overall dollar cost average because from what I see, VeriCoin is still in its early stages of development.  I think one would have to be pretty shortsighted to actually believe that it's a failure at this point. 

Even it's clear that people like me who invested hard cash into this thing didn't bring the price to 9K, and perhaps it is understandable I could have comments about what is happening, still you are absolutely right, I shouldn't wonder here about the situation and just better to drop the thing on bittrex. I would take on your offer, so could you please put a 50 BTC buy wall and I will let you have the cheap coins.

No more whining or threats.
Any person who puts money into crypto does so at their individual risk. The warnings on the pack are clear. Technological development area. Very risky. Wild West. No rules. No insurance. No police. No customer services desk. No refunds. Take responsibility for your individual decision. Win - good.  Lose - live with it. No nanny state
Too many enemies to count. Parasitic, manipulative traders and whales with delusions of self worth and not enough sense to keep the host alive. Paid fudsters. Greedy, fickle, lazy speculators who fail  to do due diligence and then have temper tantrums if it doesn't go well. AWOL devs. Scams.
Knee jerk reactions to posts instead of considered responses. Ugly, immature language, insults and abuse, even threats.
It's Wall Street but worse. It's what people do with freedom and power.

VRC  looks very like it got screwed by deliberate attacks. Everything was fine, devs (imho genuine guys with real talent but swimming with pirhana ), strong community, on time for deadlines, real results. Then suddenly it became radioactive. Truly a shame.

This coin, the devs and community deserve better than that and the show ain't over yet. So sell up or hang on but don't whine and above all, don't threaten decent people.

YAY add webay to my hater club, so stupid to cry about something that the Devs have no control over, don't you think if they could magically control the price they would make 1 VRC = 100 BTC

Thank you.  Your kind words are greatly appreciated.

Don't worry about my background in crypto, even this is not my primary business, but I have been buying bitcoin since it was $10 well before the LTC boom, I am having good trades like viacoin which returned already more BTCs than my loss on vericoin - so the vericoin failure is not end of the world, still it's veri unfortunate. Which bothers me and was a new situation for me this transparent team presentation that I completely misread, I thought transparency and honesty of the devs equals to top coin which is obviously not the case. The honesty is not good enough - delivery is still required.  Also it was new to me the the involvement of the scammer wizrig & co & dev coordinated pump & dump, in bitcoin trade we don't have such nonsense.

I don't agree and don't believe anyone is pushing the price down, there is just not enough buy support for vericoin.

I'm pretty sure he meant that if you've been in the crypto market since that time that you'd know firsthand that the prices can and will fluctuate pretty wildly and that VeriCoin in particular seems to have come under attack from outside forces ever since it first began to rise.  He's right, though, as is evident by the stolen MintPal coins, the MintPal DoS attack, the attacks on the VRC nodes, the overly aggressive, downward moving sell walls which seem to occur most often during times of extremely low volume (when the markets are the least liquid and hence, more easily manipulated), the increasing levels of FUD, etc.  As I told someone yesterday, it almost seems as if someone is painting the tape in a downward direction while spreading FUD in order to scare prospective investors away, but of course that is only speculation on my part and at this point has not been proven.  It probably sounds too tinfoil-hattish to some but I've seen it before, though, when I actively traded tech-stocks during the dot-com bubble of the late 1990's and today's usual suspects seem to look and act almost exactly the same as the ones back then.  It got so bad at one point that some of the more aggressive bashers of that time (like Janice Shell) eventually got sued (see: http://www.secinfo.com/dPx8x.64.htm ).
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It's nice having someone like you around.  You offer perspective and insight, and you have yet to type out LOL, which earns you quite a few points there alone.

I agree with all of your points.

Instead of constantly whining about it, I think it would be better if those of you with weak hands would just get it over with and dump so that those of us who are in it for the longer term, who still like the overall fundamentals of VRC can scoop up some cheaper coins.  

Wow that's a bit harsh dude.

Sorry you lost money with this, but IT IS CRYPTO!! Most people lose money, especially now. Have you seen the trends?? Just look at Mintpal, its a sea of red..

I'm just having a bit of fun here adding some humour to a shitty situation, I don't mean anyone any real harm.

Making threats of violence is not on..

Making funny pictures on the other hand, golden =P

Except for a couple of tweets, IE never got involved.

I'm pretty sure he meant that if you've been in the crypto market since that time that you'd know firsthand that the prices can and will fluctuate pretty wildly and that VeriCoin in particular seems to have come under attack from outside forces ever since it first began to rise.  He's right, though, as is evident by the stolen MintPal coins, the MintPal DoS attack, the attacks on the VRC nodes, the overly aggressive, downward moving sell walls which seem to occur most often during times of extremely low volume (when the markets are the least liquid and hence, more easily manipulated), the increasing levels of FUD, etc.  As I told someone yesterday, it almost seems as if someone is painting the tape in a downward direction while spreading FUD in order to scare prospective investors away, but of course that is only speculation on my part and at this point has not been proven.  It probably sounds too tinfoil-hattish to some but I've seen it before, though, when I actively traded tech-stocks during the dot-com bubble of the late 1990's and today's usual suspects seem to look and act almost exactly the same as the ones back then.  It got so bad at one point that some of the more aggressive bashers of that time (like Janice Shell) eventually got sued (see: http://www.secinfo.com/dPx8x.64.htm ).

Wow, now we have to resort to threats on a public forum over something that can't be controlled?  Nice.  Nobody forced anyone here to put in their hard earned income, especially a broke student into this or any other coin.  Nobody has forced anyone here to stay, the ones that do actually feel there's a lot of potential here.  But hey, again everyone has their own priorities.  

I hope some of you got out when I pointed out the eery similarities between this coin and blackcoin over a month ago! Isn't it great when wizfarm and IE get involved with something?

Yeah that really sucks LoL LoL fortunately my business isn't digital currency trading, and most of my money what I put into crypto is in BTC anyway not in these altcoin nonsenses, but still it is very disappointing to get in this situation with VeriCoin. I was really passionate about the coin and liked what I heard first, that's why I try to figure out what to do, get some info from the devs where they are, try to understand what they develop, but I have to realize that it doesn't worth my time and better to take the loss and dump the thing instead of wondering about Vericoin's direction.