Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 719. (Read 1356166 times)

Quote from: barabbas on June 27, 2014, 07:39:31 PM

I don't understand the price of this coin? Why is it so high? There are plenty of other coins that are superior to it that have a smaller market cap

Would you kindly enough explain the "superiority" of other coins with respect to Vericoin?

As for the price being high, the coin is being pumped and dumped at the moment by the Black Hand, an organized group rather infamous. Besides that, it is the first coin in cryptoland where the three developers have come forward with their real names, one of them a current programmer at one of the Microsoft's divisions. Logically that "first", along with the perceived qualities present and upcoming, have put a stamp of all around quality quite uncommon in the world of alts.

Black hand destroyed blackcoin, they will do the same to this.

Iconic Expert destroyed blackcoin. You need a history lesson.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

I don't understand the price of this coin? Why is it so high? There are plenty of other coins that are superior to it that have a smaller market cap

There's no any superior coins compared to this! Plus imo the price is still very low... Multiply it by 10 and we are on the right track!

Bitcoin is superior.

I fail to see the "superiority" but even admitting that it is way above and beyond all others, what is not in dispute is that it lacks severely in practicality due to the length of time required for transactions and total lack of anonymity. Not to mention many other implications from waste of electricity of a bulky blockchain that is far from being secured or even have a future -unless prices of BTC go high enough to make mining somewhat profitable. BTC is not practical for comon purchases on site as Vericoin and many other altos are.

But by way of comparison one assumes other altcoins, not necessarily Bitcoin. And all those cryptos that another poster mentions don't count, not even close, with the transparency and overall clean image of Vericoin which, quite frankly, has set a new standard in that field that the community, logically, has rewarded and I am quite sure will continue rewarding accordingly.

I think once the ETF gets launched we will see the price rise.

barabbas

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Activity: 1162

Merit: 1000

Quote from: barabbas on June 27, 2014, 07:23:52 PM

I don't understand the price of this coin? Why is it so high? There are plenty of other coins that are superior to it that have a smaller market cap

There's no any superior coins compared to this! Plus imo the price is still very low... Multiply it by 10 and we are on the right track!

Bitcoin is superior.

I fail to see the "superiority" but even admitting that it is way above and beyond all others, what is not in dispute is that it lacks severely in practicality due to the length of time required for transactions and total lack of anonymity. Not to mention many other implications from waste of electricity of a bulky blockchain that is far from being secured or even have a future -unless prices of BTC go high enough to make mining somewhat profitable. BTC is not practical for comon purchases on site as Vericoin and many other altos are.

But by way of comparison one assumes other altcoins, not necessarily Bitcoin. And all those cryptos that another poster mentions don't count, not even close, with the transparency and overall clean image of Vericoin which, quite frankly, has set a new standard in that field that the community, logically, has rewarded and I am quite sure will continue rewarding accordingly.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: sdmathis on June 27, 2014, 07:32:44 PM

I don't understand the price of this coin? Why is it so high? There are plenty of other coins that are superior to it that have a smaller market cap

Would you kindly enough explain the "superiority" of other coins with respect to Vericoin?

As for the price being high, the coin is being pumped and dumped at the moment by the Black Hand, an organized group rather infamous. Besides that, it is the first coin in cryptoland where the three developers have come forward with their real names, one of them a current programmer at one of the Microsoft's divisions. Logically that "first", along with the perceived qualities present and upcoming, have put a stamp of all around quality quite uncommon in the world of alts.

Black hand destroyed blackcoin, they will do the same to this.

Auna

full member

Activity: 238

Merit: 100

Quote from: Auna on June 27, 2014, 07:29:43 PM

I am not sure but isn't the order depth looking extremely good?

It looks amazing right now. It's a good time to own VeriCoin.

e-boner stuff almost Grin

This could be my very first reasonable investment... even though I am still very poor with just over 2k vericoins Cry

Crindon

sr. member

Activity: 434

Merit: 250

Quote from: Auna on June 27, 2014, 07:29:43 PM

I am not sure but isn't the order depth looking extremely good?

LOL. Yes, it's great (for those who already bought in). Intense buy support.

pnosker

sr. member

Activity: 504

Merit: 250

Quote from: Bitcycle on June 27, 2014, 06:56:31 PM

Wait, buying VRC with credit cards???

How will this avoid the chargeback problem that plagues crypto purchases with credit cards?

There's a reason you can't buy BTC with credit cards, and it ain't cause no one 'innovated' it.

We'll discuss more once we're done with it. This aspect is definitely in pilot phases but it involves a payment processor that is getting onboard with us.

Quote from: barabbas on June 27, 2014, 07:03:08 PM

Quote from: pnosker on June 27, 2014, 06:32:36 PM

The 3 devs including me have less than 1 M coins. I just sold 2000 of them a few minutes ago at 43000 to pay the last two months hosting bill for the supernodes and dnsseeds.

And this, by the way, if true is very good for the coin and very good for crypto and I commend you for such transparency. Why not even mentioning it in the hangout. It deserves showcasing, in fact.

Thanks again for it.

Praise where praise is indeed due.

As for Joel's abilities, talent and clean purposes, some of us will believe in them after months if not years after delivery or when hell freezes over, whichever comes first.

Honestly, it's up to you. You will see in due time, I guess. Your criticism fuels me. And I'm honestly fine with it. I bet a month ago you would have said we wouldn't have released our stuff on time. Anyway-- glad to see that you're paying attention to us. As you can see, Reddit/this forum are completely unmoderated. IRC had a few kicks and two bans due to people being incredibly disruptive. If you stick around you'll notice people criticize VRC all the time on there and I don't kick them nor does anybody else.

We aren't here to fool anybody. If I didn't legitimately believe we could build a coin to rival all others, I would have sold off already. The 3 devs, including me, are 100% behind this coin. You can believe what you want but I sold off all of my stock to buy more VeriCoin the first week because I knew we would make it great.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: Auna on June 27, 2014, 07:26:44 PM

Quote from: Auna on June 27, 2014, 07:29:43 PM

I don't understand the price of this coin? Why is it so high? There are plenty of other coins that are superior to it that have a smaller market cap

There's no any superior coins compared to this! Plus imo the price is still very low... Multiply it by 10 and we are on the right track!

Bitcoin is superior.

It is not. It's just the first coin there was

That's why we are trading everything for btc right?

Until you have acceptance you are not superior. Everything revolves around bitcoin.

sdmathis

hero member

Activity: 546

Merit: 500

AKA The Rubber Monkey

I am not sure but isn't the order depth looking extremely good?

It looks amazing right now. It's a good time to own VeriCoin.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: barabbas on June 27, 2014, 07:23:52 PM

Quote from: parker928 on June 27, 2014, 06:30:43 PM

I don't understand the price of this coin? Why is it so high? There are plenty of other coins that are superior to it that have a smaller market cap

Would you kindly enough explain the "superiority" of other coins with respect to Vericoin?

As for the price being high, the coin is being pumped and dumped at the moment by the Black Hand, an organized group rather infamous. Besides that, it is the first coin in cryptoland where the three developers have come forward with their real names, one of them a current programmer at one of the Microsoft's divisions. Logically that "first", along with the perceived qualities present and upcoming, have put a stamp of all around quality quite uncommon in the world of alts.

Any cryptonotes, but specifically Monero.

Crypt
XC

Auna

full member

Activity: 238

Merit: 100

I am not sure but isn't the order depth looking extremely good?

pnosker

sr. member

Activity: 504

Merit: 250

1. "essentially inactive developer" - right there that showed me you don't know what you are talking about. Check RAT4's github account you will see over 3000 commits for bc, most coins get 20-50.

2. If you have been in crypto that long you should know how possible (and likely) it is that someone may show just one of their wallets.

3. "I'm not giving anything to him" Of course not. But You bought vericoin, and IF he has a lot of control over the coin, you are technically, inadvertently, giving him your btc. note that I said IF

I have the utmost respect for Rat4. I meant inactive as in on the forums/no twitter/etc. Please don't confuse my statement with disrespect. I even sent him 5000 of my own VeriCoin.

Auna

full member

Activity: 238

Merit: 100

I don't understand the price of this coin? Why is it so high? There are plenty of other coins that are superior to it that have a smaller market cap

There's no any superior coins compared to this! Plus imo the price is still very low... Multiply it by 10 and we are on the right track!

Bitcoin is superior.

It is not. It's just the first coin there was

That's why we are trading everything for btc right?

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

I don't understand the price of this coin? Why is it so high? There are plenty of other coins that are superior to it that have a smaller market cap

There's no any superior coins compared to this! Plus imo the price is still very low... Multiply it by 10 and we are on the right track!

Bitcoin is superior.

barabbas

legendary

Activity: 1162

Merit: 1000

Quote from: Vinculin on June 27, 2014, 07:17:27 PM

I don't understand the price of this coin? Why is it so high? There are plenty of other coins that are superior to it that have a smaller market cap

Would you kindly enough explain the "superiority" of other coins with respect to Vericoin?

As for the price being high, the coin is being pumped and dumped at the moment by the Black Hand, an organized group rather infamous. Besides that, it is the first coin in cryptoland where the three developers have come forward with their real names, one of them a current programmer at one of the Microsoft's divisions. Logically that "first", along with the perceived qualities present and upcoming, have put a stamp of all around quality quite uncommon in the world of alts.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

I don't understand the price of this coin? Why is it so high? There are plenty of other coins that are superior to it that have a smaller market cap

like i don't understand why the price of darkcoin would be so high. Man this is crypto world

Looks like a bubble to me. I can speed the process up by buying 20k (I tend to buy at bad times right before pop)

Grin

Auna

full member

Activity: 238

Merit: 100

I don't understand the price of this coin? Why is it so high? There are plenty of other coins that are superior to it that have a smaller market cap

There's no any superior coins compared to this! Plus imo the price is still very low... Multiply it by 10 and we are on the right track!

Vinculin

full member

Activity: 210

Merit: 100