Can you imagine, from 40 to 50-55 with hundreds of btc thats a profit of 30 or 40% each time on all their bitcoins, and everyone is just feeding them
Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 660. (Read 1356166 times)
July 01, 2014, 03:36:04 PM
Pressing the price to 3xxx range, so they will make easier profit...
Can you imagine, from 40 to 50-55 with hundreds of btc thats a profit of 30 or 40% each time on all their bitcoins, and everyone is just feeding them
Can you imagine, from 40 to 50-55 with hundreds of btc thats a profit of 30 or 40% each time on all their bitcoins, and everyone is just feeding them
July 01, 2014, 03:35:11 PM
Hey Guys!
There is a new video showing how to use veribit, it is the guys first time, but i think he does a really fantastic job and it is much more easy to see on how to use the veribit feature, compared with the only other video of this sort available.
If you like it, which i am sure you will, please hit the 'Like' button and maybe give him a little tip for his good work. (i tipped him 40VRC).
https://www.youtube.com/watch?v=-fKcI55ml0w
This is the kind of action we need to help spread the good word of Vericoin and help reach the masses!
Many thanks.
There is a new video showing how to use veribit, it is the guys first time, but i think he does a really fantastic job and it is much more easy to see on how to use the veribit feature, compared with the only other video of this sort available.
If you like it, which i am sure you will, please hit the 'Like' button and maybe give him a little tip for his good work. (i tipped him 40VRC).
https://www.youtube.com/watch?v=-fKcI55ml0w
This is the kind of action we need to help spread the good word of Vericoin and help reach the masses!
Many thanks.
July 01, 2014, 03:35:01 PM
Nearly all alt coin prices have gone down possibly because of BTC prices going up too
July 01, 2014, 03:30:45 PM
Whales are the ASICs of trading. Scrypt tried to solve the problem with sha256, but they found a way around it. Is there a coin impervious to price manipulation? VeriCoin 2.0? Price stability is more attractive to merchants, as well.
July 01, 2014, 03:27:28 PM
I pulled all my VRC out of Mintpal to stake until Mr. or Ms. Whale finishes their business 
If you don't want the price to fall, stop selling.
Scarcity increases price & demand.
If you don't want the price to fall, stop selling.
Scarcity increases price & demand.
July 01, 2014, 03:15:48 PM
Stupid people feeding the wall, he keeps lowering the price with those fake walls!
July 01, 2014, 03:05:37 PM
It's really just to condition your response...
Step A:
Buy Vericoin until it reaches 50 to 55k.
Step B:
Sell Vericoin until it reaches 40 to 45k.
Step C:
Repeat steps A and B a few times.
Step D: (small investor)
"I've seen this before every time it goes to 50 to 55k it drops to 40 to 45k."
a) Small investor sells.
Step D: (big investor)
"I've conditioned the small investor and he will sell me his coins at 50 to 55k because he thinks the price is going back down to 40 to 45k."
a) This time the big investor buys.
Step E:
The price rises and cuts through 55k, 65k and 75k like there was no resistance at all.
Step A:
Buy Vericoin until it reaches 50 to 55k.
Step B:
Sell Vericoin until it reaches 40 to 45k.
Step C:
Repeat steps A and B a few times.
Step D: (small investor)
"I've seen this before every time it goes to 50 to 55k it drops to 40 to 45k."
a) Small investor sells.
Step D: (big investor)
"I've conditioned the small investor and he will sell me his coins at 50 to 55k because he thinks the price is going back down to 40 to 45k."
a) This time the big investor buys.
Step E:
The price rises and cuts through 55k, 65k and 75k like there was no resistance at all.
July 01, 2014, 03:04:06 PM
Wtf is happening, did I miss something?
Whale attack!
It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
the 103 BTC sell wall at 45 for a moment was also entertaining
That is probably that groups entire position. Trying to use it to gather some cheaper. Good thing is it isn't that big at all in the scheme of things over some time.
July 01, 2014, 02:44:20 PM
Has there been any communication with Max Keiser to be a guest on the show? That would be huge.
Chris Pirillo has been a solid host and thanks to JOEL for making that happen!!
can this be confirm by the vericoin team? it's seem vericoin getting good exposures lately. i think it's a very good coin to get an article at coindesk and keiserreport.
https://twitter.com/KeiserReport/statuses/482968191983824896
Chris Pirillo has been a solid host and thanks to JOEL for making that happen!!
can this be confirm by the vericoin team? it's seem vericoin getting good exposures lately. i think it's a very good coin to get an article at coindesk and keiserreport.
https://twitter.com/KeiserReport/statuses/482968191983824896
July 01, 2014, 02:42:21 PM
Wtf is happening, did I miss something?
Whale attack!
It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
the 103 BTC sell wall at 45 for a moment was also entertaining
July 01, 2014, 02:37:10 PM
Whale attack. At least I think it is as I've been watching it. Dunno.
Whale attack!
It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
Wtf is happening, did I miss something?
Whale attack!
It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
July 01, 2014, 02:23:08 PM
Just a correction...don't care...gonna throw a few btc against it 
July 01, 2014, 02:22:10 PM
Lets see this coin is up 100x from a few weeks ago.. yeah, I'm not at all surprised some people are cashing out...
July 01, 2014, 02:11:46 PM
Wtf is happening, did I miss something?
Whale attack!
It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
July 01, 2014, 02:07:40 PM
Wtf is happening, did I miss something?
People are trading around positions. Nothing is happening. Technicals converged with some other stuff, and a lil buy wall , then sell wall, then buy wall. Someone was manipulating the price around a bit.
Not sure what to make of it, normal trading, just a bit low volume right now, so spikes up n down happen.
The good news is, usually people who make these big moves are 1 or 2 large players, the people who take there place are often small bids that span many smaller investors.
July 01, 2014, 02:07:04 PM
Wtf is happening, did I miss something?
Whale attack!
It's annoying but there is some whale pushing things about throwing up walls on either side. It's a bid to get cheaper vrc
July 01, 2014, 02:05:26 PM
Wtf is happening, did I miss something?
July 01, 2014, 01:26:02 PM
I have rated VRC as a BUY!
Crypto Analytics
http://cryptoanalytics.trade/analyst-ratings/
http://cryptoanalytics.trade/vrc/
Crypto Analytics
http://cryptoanalytics.trade/analyst-ratings/
http://cryptoanalytics.trade/vrc/
July 01, 2014, 01:22:24 PM
Interesting point about the advantages of VeriBit vs the argument that it puts sell pressure on the VeriCoin market.
VeriCoin is a currency, one of it's major functions is to be spent like one. Without VeriBit, it would have very little market penetration relative to Bitcoin like all the other Alt-coins. Ultimately at this point if you are going to spend your VeriCoin at many places you would have to exchange it for BitCoin.
Now, would you rather someone wait for a peak and sell some significant percentage of their VeriCoins for BitCoin, or do small sells as needed, for purchasing things in BitCoin? Which would be better for the value and growth of VeriCoin?
VeriCoin is a currency, one of it's major functions is to be spent like one. Without VeriBit, it would have very little market penetration relative to Bitcoin like all the other Alt-coins. Ultimately at this point if you are going to spend your VeriCoin at many places you would have to exchange it for BitCoin.
Now, would you rather someone wait for a peak and sell some significant percentage of their VeriCoins for BitCoin, or do small sells as needed, for purchasing things in BitCoin? Which would be better for the value and growth of VeriCoin?
Basically you answered the question already. When Vericoin can be used as intended, like a currency, it's value will be based on true demand instead of p&d antics or other crypto specific unnatural price influences. Veribit may lead to a steady price in the end, but I think some sort of auto market correction is good for the short term , it helps to prevent the market overheating and might mitigate the effects of P&D groups at least a little.
Getting Vericoin out of the crypto realm and into the real world is paramount to it's success. An increase in real world micro purchases are one of the things people are predicting for Bitcoin. In my opinion Vericoin is better suited for that.
My suggestion is to focus on developing services to get Vericoin out to the general public. Focus on ease of use and security. Skip the anon hype, there will be a true demand for anon coins but also for a 'regular' coin with a focus on useability. Vericoin is a serious contender for litecoin's place, basically Vericoin offers everything (and more) than Litecoin has to offer.
July 01, 2014, 01:12:15 PM
Congrats to user "fatty" who won 376 VRC in the first Loser Jackpot Lottery draw on https://vericoindice.com
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