Decentralized apps and smart contracts combined with digital currency are the future. See Ethereum, $3.5 million investment in 24 hours.
Yeah, I was about to mention the Ethereum IPO and other Blockchain 2.0 platforms such as Swarm & NXT. If VeriCoin does not become a Blockchain 2.0 organisation then it is a guaranteed failure, no ifs and no buts.
It really would be nice to know what the developers are planning going forward. All these roadmaps we had before, talks of this and that. And in the past few days, its like Patrick went silent on twitter ect, David never speaks, And Doug looks like he has been trying his hardest. We have a VeriCoin party in a few days right? Shouldn't we be building excitement, rather than fizzling out right now?
Can we have the vision laid out of whats going on by the devs? Where we are headed, whats in the pipeline of innovation? No hard deadlines are needed, The investors just need to know that there is a clear plan, and its being followed. Right now people are investing in vericoin for a lot of reasons. It would be great if people knew what they where investing in. Investing in the "mainstream" crypto is NOT working for us.
But just a general, who is vericoin, what are we, and where are we going would be EXTREMELY helpful.
They have to have building a Blockchain 2.0 platform in their roadmap and get it done fast, others will streamroller them if not. As you can see on
http://coinmarketcap.com/ the 24hr daily volume for all alt coins is down drastically because of Ethereum, this downward slide in value will continue for Blockchain 1.0 coins.
You are quite right saying that the key is to get done the decentralized (blockchain 2) app fast. Also, I think the key is don't try to do too much like Etrhereum does because that dramatically slow down the process - just have a basic app that works, implement one feature (e.g a decentralized market place that uses VeriCoin) and do that feature well. That will be the winner.
Also, while the vericoin devs are incredible intelligent and smart, the history indicates that they don't always make the best decisions strategy wise (VeriBit, FIAT). EffectTocasuse said yesterday that they have a very good strategy regarding to the decentralized app, but I think it would be useful if they would to validate that strategy with the community, to have a dialogue whether the planned features do make sense. Barrabas was partly right saying that the devs have the young arrogance attitude, something like that this is their coin, they define the strategy, and that's it if you don't like sell your coin and fuck off. They are right in a certain extent and yes, we should fuck off and create our own blockchain 2 app if we don't like vericoin. This one way to tackle the issue. On the other hand if he devs need the community, the devs think that they need real money then always better to have dialogue about things, even about development strategies and with all members of the community including useless investors like myself who don't do anything useful like the all day long IRC chatters do just put some real money into vericoin.
You hit several nails on the head. Everyone should be welcome as a customer, or in an investment. Telling anyone if they don't like it to sell, is a bit strange to me. If a customer said to me I don't like something, I would do my best to show them why they like something else I can do.
Telling people to go away, or sell is something I never understood. It sets a bad precedent in the minds of investors. One of the first things people research for a coin is the devs. If you hear a dev say he doesn't need money, and sell if you don't like it. You don't deploy new capital to that investment. Money is money, if there is better places to have money make money, then that's where it will go. Money doesn't have emotions. People do. I would love to support this coin, but if the goals are not clear and aggressively followed, my money is going to head to greener pastures. Just like a lot of the smarter money has apparently been doing already
Kevin O'Leary said it best.
"Here's how I think of my money - as soldiers - I send them out to war everyday. I want them to take prisoners and come home, so there's more of them."
A lot of investors think of money like this. If you do not care about the soldiers you are going to have problems with the people sending them out....
WHICH IS WHY WE HAVE NO BUYERS!!
I hope you guys get my point, we need to create value, and soon. Because this is a very bad thing that large sellers can't even get the liquidity and are crashing the price. And I hope you realize If I didn't think our dev team was one of, if not the best in the business I would have left a long time ago. These guys are brilliant, and able to adapt. We need to be better at what we do. And we will get better. This is worth fighting for... So let's please do what it takes to make it great!!!