Bittrex has approached the Dev's to offer a VRC/VRM trading pair on their exchange 
Where did you read this? 
Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 79. (Read 1356140 times)
July 22, 2016, 01:52:43 PM
July 22, 2016, 12:56:36 PM
effectsToCause Admin 22:08
Approximate average ICO phase 1 investment amount is 10k VRC.
Approximate average ICO phase 1 investment amount is 10k VRC.
Wow all the "whales" must of been starving!! 😒😒...lol
So what? What did you try to mean?
People where claiming that there where only whales buying large quantities of Verium during Phase 1, if the average buy was 10k VRC we can assume that it was larger quantity of people buying smaller amounts
July 22, 2016, 12:53:55 PM
Bittrex has approached the Dev's to offer a VRC/VRM trading pair on their exchange
July 22, 2016, 11:13:45 AM
effectsToCause Admin 22:08
Approximate average ICO phase 1 investment amount is 10k VRC.
Approximate average ICO phase 1 investment amount is 10k VRC.
Wow all the "whales" must of been starving!! 😒😒...lol
So what? What did you try to mean?
July 22, 2016, 09:01:10 AM
can anyone share with me what utility vericoin has,
thanks
thanks
This was to be part of the press release.
Vericoin is a PoST coin established on May 2014 by Douglas Pike, Patrick Nosker and David Bohem. With one second transactions, sixty second confirmations, a multitude of features such as VeriBit, VeriSend, a BIP32 Lite Android Wallet and a very user friendly Desktop Wallet, VeriCoin is a much quicker, more intuitive, more efficient Peer to Peer Digital Currency than any traditional banking system or even Crypto Currency in existence - including Bitcoin.
July 22, 2016, 02:48:59 AM
can anyone share with me what utility vericoin has,
thanks
What did you find out yourself? Just curious. thanks
July 21, 2016, 10:43:20 PM
Come on guys suck it up.....there will be future opportunities to invest......just remember Due Diligence is everyone's personal responsibility.
Cheers Jon
Cheers Jon
July 21, 2016, 10:22:56 PM
can anyone share with me what utility vericoin has,
thanks
thanks
July 21, 2016, 04:01:25 PM
effectsToCause Admin 22:08
Approximate average ICO phase 1 investment amount is 10k VRC.
Approximate average ICO phase 1 investment amount is 10k VRC.
Wow all the "whales" must of been starving!! 😒😒...lol
July 21, 2016, 03:23:18 PM
effectsToCause Admin 22:08
Approximate average ICO phase 1 investment amount is 10k VRC.
Approximate average ICO phase 1 investment amount is 10k VRC.
July 21, 2016, 02:18:47 PM
I'm having some difficulty understanding the phase 2 distribution language "18 days with 10 VRC/VRM minimum price OR your share of total VRC raised is your fraction of 350,000 VRM." Does this mean the amount of VRC accepted in phase 2 will be unlimited? And if so, wouldn't that make the buy-in price potentially far worse than 10 VRC/VRM?
Also, will VRM be on exchanges later, or only by swap in the wallet?
Thank you.
Also, will VRM be on exchanges later, or only by swap in the wallet?
Thank you.
Yes it can be higher then 10-1. But that being said like @effectstocause said on the vericoin forum "Also I think 10:1 is already an implicit discount because the supply ratio between VRC and VRM at launch will actually be ~30:1 while mining brings it towards the final 10:1 supply ratio over time". Remember this is going to take YEARS!!
I believe it will be a swap through wallet, but will be able to send to exchange as well
July 21, 2016, 08:46:45 AM
I'm having some difficulty understanding the phase 2 distribution language "18 days with 10 VRC/VRM minimum price OR your share of total VRC raised is your fraction of 350,000 VRM." Does this mean the amount of VRC accepted in phase 2 will be unlimited? And if so, wouldn't that make the buy-in price potentially far worse than 10 VRC/VRM?
Also, will VRM be on exchanges later, or only by swap in the wallet?
Thank you.
Also, will VRM be on exchanges later, or only by swap in the wallet?
Thank you.
Yes it can be higher then 10-1. But that being said like @effectstocause said on the vericoin forum "Also I think 10:1 is already an implicit discount because the supply ratio between VRC and VRM at launch will actually be ~30:1 while mining brings it towards the final 10:1 supply ratio over time". Remember this is going to take YEARS!!
July 21, 2016, 07:13:40 AM
I'm having some difficulty understanding the phase 2 distribution language "18 days with 10 VRC/VRM minimum price OR your share of total VRC raised is your fraction of 350,000 VRM." Does this mean the amount of VRC accepted in phase 2 will be unlimited? And if so, wouldn't that make the buy-in price potentially far worse than 10 VRC/VRM?
Also, will VRM be on exchanges later, or only by swap in the wallet?
Thank you.
Also, will VRM be on exchanges later, or only by swap in the wallet?
Thank you.
July 21, 2016, 04:29:55 AM
For anyone who's interested here is my analysis of the post Phase 1 ICO: https://steemit.com/investments/@dogguy/verium-vericoin-vrc-ipo-where-we-stand-after-phase-1
I tried my best to provide an unbiased opinion
I liked reading your analysis. I tried my best to provide an unbiased opinion
July 21, 2016, 04:07:02 AM
Verium/Vericoin (VRC) IPO - Where We Stand After Phase 1
https://steemit.com/investments/@dogguy/verium-vericoin-vrc-ipo-where-we-stand-after-phase-1
https://steemit.com/investments/@dogguy/verium-vericoin-vrc-ipo-where-we-stand-after-phase-1
July 20, 2016, 06:25:52 PM
Nice. Phase 1 ICO sold out the 350000 VRM in less than 4 hours.
Now have to wait for Phase 2 to get some.
Now have to wait for Phase 2 to get some.
A number of prospective VRM buyers were waiting to see how Phase 1 went. If it was very slow, they would probably have decided not to invest.
The ratio of 10 to 1 is not so different from 6 to 1 for holders (for speculators maybe): what is more important is the longer term viability and growth of the project and the early indications are better if Phase 1 sells out fast.
July 20, 2016, 04:59:44 PM
Nice. Phase 1 ICO sold out the 350000 VRM in less than 4 hours.
Now have to wait for Phase 2 to get some.
Now have to wait for Phase 2 to get some.
July 20, 2016, 04:31:55 PM
For anyone who's interested here is my analysis of the post Phase 1 ICO: https://steemit.com/investments/@dogguy/verium-vericoin-vrc-ipo-where-we-stand-after-phase-1
I tried my best to provide an unbiased opinion
I tried my best to provide an unbiased opinion
July 20, 2016, 02:49:48 PM
Significantly, also, the VRC price is now 20-40% less than it was over the past weeks. That means the 10:1 swap ratio, even though it's higher than 6:1, is a lot closer in terms of BTC price per VRM.
Jump to: