Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 44. (Read 1356140 times)

https://www.vericoinforums.com/threads/stake-your-vericoin.1016/page-21#post-21776

will probably be another update today

How can you tell it's a fork? I can tell something isn't right, wallet acting weird and the interest rate jacked up to 42% for some reason.

I would say, as long as it's moving forward, just wait. Lots of history to download...

My new wallet 1.6.5.2 still syncing,not staking about 16 hours.
I have18 connections.What should I do ?

37.94% APR?

What's going on?

https://www.vericoinforums.com/threads/vericoin-1-6-5-2-released.1454/

OK, thanks for the reply !

I agree about the 'fanboy' comments. You will nearly always get abuse for critical comments. Quite often the real koolaid drinkers cannot distinguish constructive criticism from outright trolling.

Hi @Majormax.......my mindset is watching price fluctuations and trading volumes ........ I do my own calculations and look to buy in low, close to the bottom. I find that if I'm close to correct I make A good percentage

of profit ..if I'm wrong it's usually down the drain and dead coin and I'm lucky to get back much of my investment. I watch many threads just to get a feel of what's going on, I sometimes can't help myself when I see

Fanboys hyping something and just fire off a broadside (nobody told me I couldn't have a bit of fun). As for buying more VRC it's getting close to my calculated buy in price

Cheers Jon

The trading of alts attracts a lot of new capital over time, with the lure of profit, thus helping distribution of the eventual winners. . What you say is quite logical.. However, there have been or will be in future, a small number of blockchains that thrive and reach real world application status. The coins which still have ongoing development, especially those with a novel structure, are in with a chance, although most will not make it and , as you say, are just trading counters (in hindsight). Traders focussing only on profit are an important part of a liquid market, I would agree, but the big winners will go through a long series of price inflation moves, and it would not be madness to retain some proportion indefinitely. It is hard to predict where evolution goes, and how.

I believe that VRC and VRM are among the shortlist of, perhaps a few dozen that have that possibility. Crypto is , even now, still in its early stages.

Just interested to know trading mindsets : If you dont own any VRC now, what makes you interested in continuing to follow it ?  For myself, once I have sold out of a coin, I dont post on its thread, because there are more than enough new opportunities to investigate.  What might motivate you to buy VRC again ?

Another good step forward, thanks for the update.

VeriCoin 1.6.5.2 is now available via check for update in the help menu or www.vericoin.info

This is a maintenance update that improves syncing speed and reduces number of inputs while staking, for better performance overall but especially on large wallets. Additionally this update further improves staking efficiency. It also adds the new dnsseeder address and improves staking indicators in the user-interface.

Very well said. It is so self depreciating when people come into a forum claiming to own a stake in whatever coin and then, start bashing the Devs, the marketing, the development, etc. If they REALLY owned any doesn't logic dictate that they not TRY to drive the price down by bashing the product? Or, is that the point? Drive it down and buy, remain silent and sell? In reality, all you have to do is buy in, keep silent and wait. But of course, human nature prevents that from happening.

Makes one think they are all trolls. If I had a problem with the Devs I would PM them and work it out, not air my complaints and accusations in public for all to see. Oh well, no accounting for human nature...

 

I respect that and just to be clear I wasn't meaning you about emotion and wanting to just pump etc.  I got into vrc a few months ago and was lucky to sell some at 17000 Satoshi.  I typically range trade because the spreads are so high it's crazy profitable for those who can be patient with certain trades.  I understand critiquing ICOs.  Maybe Verium shouldn't have been an ICO..idk.  I know that one of Vericoin's struggles is having no marketing.  So it becomes a catch 22.  If there is zero hype, there is unfortunately much less chance of aspects of the technology being properly recognized for issues they solve.  Ideally the hype comes from users but you have to market to even have a chance to eventually have a user base.  I encourage people to do their own research and to trade without emotion.  I want people to invest in VeriCoin because I think it has some unique and brilliant (and necessary) components to the future of decentralized money, and awkwardly enough it takes investments and a growing market cap to be on people's radar. But I highly discourage anyone from investing more than a small amount.  At this stage it's essentially priced like a penny stock.  As much as I like the specifics, the market cap is what it is.  If the price goes to zero tomorrow I would of course lose money, wish the devs well in life, and go on investing and staying diversified.  For now the technology is still being developed and while there are low priced coins they are not dead at all from a development side.

Hi @Alben........ You can check my post history...... I never complain about the price/value of anything.....it is what it is..... I don't own any VRC never owned any VRM....I've sold out some time ago(VRC) and am very

happy  with my profit. I do believe that digital currency is here to stay, and that there will be some very smart features introduced at some stage. My bitch is about too many ICO's that promise but never/under

deliver. The majority of Alts have no/limited use apart from trading. As a trader I accept my loss's and try to learn from them, I have never shouted angrily that I need a pump to get out. As for emotional/attachment

issues I care only about profit...if I see a good enough price move I sell everything and move on to the next opportunity....anything else would be madness. Happy trading to all...just don't believe the hype

Cheers Jon  

Of course.  I'm a trader as well and I believe alts need traders as much as they need investors and users.  Traders provide liquidity.  I encourage you to trade whatever you want and I will do the same.  What I am against is completely inaccurate finger pointing.  Traders trade but should have the stomach to take a few blows and not place false blame.  Most motives are selfish and that makes shit happen.  I'm all for that.  On the other side, discouragement of trial and error of improving this technology is ridiculous.  A trader needs to accept his losses and move on instead of shouting angrily that he wants a pump to get out.  Emotional traders lose money.

Ouch what a comeback.........I've learned the only reason to be involved in Alts (unless your a Dev) is to make BTC. Alts rely on newbies being conned into thinking that this (insert name of coin here) is going to be

bigger than BTC, and that you can become fabulously wealthy by investing early and holding. You are entitled to believe anything you want, as for me it's only about buying low and selling high. Personally I

never meant a profit I didn't like. I don't invest in ICO's I wait for the price crash that inevitably follows.

Cheers Jon 

The same guy (you) who admitted he is holding vrc and wants a pump so he can get out is one of the biggest bashers on vericoinforums and here.  My sarcastic side gets a good laugh there.  Shooting yourself in the foot like Barney Fife.  Fun fact.. the developers were planning Verium WITHOUT an ICO.  People who wanted a pump are the ones who were fighting for an ICO on the forums.  Using Verium and Vericoin's lack of volume as an argument that the coins have no value is interesting.  Look around.  Essentially all coins pump and that indeed earns them a higher market cap despite not solving any existing base problems.  Adding the time variable on the VeriCoin and Verium coins gives them something that is essential if block chain is going mainstream.  If you don't believe or understand that, feel free to ask questions.  Being openly pissed off your coin didn't get pumped (or that you didn't sell out when the small pump happened) is childish.  This is about improving on technology.  To many here it is only about money.  Development must continue despite the whims of traders.

Show me where this happens?

News was posted 2 days ago


https://bitcointalksearch.org/topic/m.16527968

You want daily news updates?

Gotta laugh.  Whoever questions anything are told there distrusted and shouldn't invest.  The cult followers are real here.  Talk about drinking the kool aid.   I guess they don't see low to no volume and no news. 

Perhaps you should get of crypto, you are obviously disturbed, might not be good for health.