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Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 869. (Read 1356163 times)

sr. member
Activity: 742
Merit: 251
Has anybody gotten any payouts for the vericoin multipool while mining X11?

I've been mining for 24h and haven't received anything yet. My address is correct.

The MultiPool is still in Alpha. Which means, it may shut down periodically for adjustments. All Shares R being recorded. U will be paid for the hash you have put into the pool.

I have had my rig aimed @ the multipool for 4 days. I have received payouts twice in the late evening and the early morning. I did not receive a payment yesterday.

pnosker, a Dev, stated earlier today there will be double payout tonight. Probably

The rub is that the auto-pay module is not working smoothly. All payouts have to be done manually, this is temporary.

The 2 Dev's also hold down full time jobs. The spend an inordinate amount of time here or on IRC. They have recently hired an accomplished, respected software , crypto guy to help.

They R known for delivering what they say they will, and give frank and honest replies.

The wallet is polished and bullet proof.

The next priority is the MultiPool . Take some time to read the last 10-15 pages of this thread. It will address  a lot  of your concerns and give you a feel for what VRC is doing.

When fully functional the MultiPool will payout @ yet to be determined intervals and occasions daily. For now it's done manually.

Presently, data from M/P such as coins per MG/h R unavailable. All features common to other MP's will eventualluy be instituted.

What makes VRC special is,The Anon apps, sms transfers, world wide distribution, coin-mixing and OBA (Optimized Buying Algorithum) and other stuff they have yet to announce.

U can learn about all these things by putting some time in reading the past pages on this thread

Put some time in and become part of a committed community inspired by a Development team making true innovations. Integrity, Hard work, and transparency R their hallmarks.

And........ U just might make some money    
hero member
Activity: 672
Merit: 500
Has anybody gotten any payouts for the vericoin multipool while mining X11?

I've been mining for 24h and haven't received anything yet. My address is correct.

I've received payouts, tho not in the last 24 hours. Remember, the pool is currently in alpha testing... there WILL be problems. The dev said there was an issue with the auto payments yesterday, which he corrected (hopefully) today. He said that we'd receive those missing coins with the next auto-payout (if all goes well).

Alright, I'll be waiting. Thank you.

Supposed to be double payouts today as a result of nothing yesterday.
sr. member
Activity: 504
Merit: 250
So the innovation here is the dynamic interest rate. The way it works is that the interest rate scales according to network stake. If there's a higher amount of staked coins, the interest rate goes up. That means the more "invested" you are in the coin, the more interest you will make.

This essentially gives incentive for you to hold your coin in your wallet rather than keeping it on an exchange, gives you reason to tell your friends to acquire some coin and keep it staking, etc. because it helps both you and them. It's the only coin that provides additional reward for keeping the coin.
This part is good and got me interested. I am an investor, not a trader.

It also provides a reasonable interest rate compared to Blackcoin (1%) and other PoS coins (10%+ interest). Most stable economies have higher inflation than 1% so assuming the coin's value keeps steady it makes more sense to put it in FIAT and earn traditional interest. With the dynamic scaling interest rate, you're likely to make 2-2.5% interest which is much more in line with mature economies.
This part turned me off. Here's why:
Coin devs need to understand that 20% APR is not attractive for a long term investment, when MINT can lose/gain over 100% in one day.
We are NOT in real life. We are in Cryptoland. You don't expect the price of cookie to triple in one day (or even to goes up by 10%). Hence the low interest.
In Cryptoland, rules are different. Coins using real-life interests for crypto miss the point.

So, relaunch or clone with a higher stake, or just live your pump and dump life.

Thanks for your advice.
newbie
Activity: 7
Merit: 0
Has anybody gotten any payouts for the vericoin multipool while mining X11?

I've been mining for 24h and haven't received anything yet. My address is correct.

I've received payouts, tho not in the last 24 hours. Remember, the pool is currently in alpha testing... there WILL be problems. The dev said there was an issue with the auto payments yesterday, which he corrected (hopefully) today. He said that we'd receive those missing coins with the next auto-payout (if all goes well).

Alright, I'll be waiting. Thank you.
legendary
Activity: 3808
Merit: 1723
This upmove here is a false move.

Its rising on low volume.

I am avoiding buying here until I see more volume.

Little orders being filled.
full member
Activity: 236
Merit: 100
¿ʇɐɥʍ
Has anybody gotten any payouts for the vericoin multipool while mining X11?

I've been mining for 24h and haven't received anything yet. My address is correct.

I've received payouts, tho not in the last 24 hours. Remember, the pool is currently in alpha testing... there WILL be problems. The dev said there was an issue with the auto payments yesterday, which he corrected (hopefully) today. He said that we'd receive those missing coins with the next auto-payout (if all goes well).
hero member
Activity: 658
Merit: 503
Monero Core Team
So the innovation here is the dynamic interest rate. The way it works is that the interest rate scales according to network stake. If there's a higher amount of staked coins, the interest rate goes up. That means the more "invested" you are in the coin, the more interest you will make.

This essentially gives incentive for you to hold your coin in your wallet rather than keeping it on an exchange, gives you reason to tell your friends to acquire some coin and keep it staking, etc. because it helps both you and them. It's the only coin that provides additional reward for keeping the coin.
This part is good and got me interested. I am an investor, not a trader.

It also provides a reasonable interest rate compared to Blackcoin (1%) and other PoS coins (10%+ interest). Most stable economies have higher inflation than 1% so assuming the coin's value keeps steady it makes more sense to put it in FIAT and earn traditional interest. With the dynamic scaling interest rate, you're likely to make 2-2.5% interest which is much more in line with mature economies.
This part turned me off. Here's why:
Coin devs need to understand that 20% APR is not attractive for a long term investment, when MINT can lose/gain over 100% in one day.
We are NOT in real life. We are in Cryptoland. You don't expect the price of cookie to triple in one day (or even to goes up by 10%). Hence the low interest.
In Cryptoland, rules are different. Coins using real-life interests for crypto miss the point.

So, relaunch or clone with a higher stake, or just live your pump and dump life.
newbie
Activity: 7
Merit: 0
Has anybody gotten any payouts for the vericoin multipool while mining X11?

I've been mining for 24h and haven't received anything yet. My address is correct.
legendary
Activity: 3808
Merit: 1723
Hidden iceberg seller at the 0.00011000

Selling in 12000 chunks!

So far almost 10 BTC sold


Careful here

might be a trap!!!!!!
legendary
Activity: 3808
Merit: 1723
Im looking for a long on VRC in this area or the ~8500 area.

So far there are still some sellers and might head lower.

Will wait and watch price action.

If volume dries up, price will head lower.

Always does.
full member
Activity: 154
Merit: 100
VER hit 13,000 on Mintpal earlier - It went as low as 8,850 but is already back up to 9300 now. A correction occured because CRY was being pumped up - but now that is heading down HARD (from 68,000 to 58,000 now).  EDIT: CRY now 52,000 2 minutes later.

That money will quickly flow back in VER and we will push towards 40K.
newbie
Activity: 16
Merit: 0
anyone can tell me what makes the price so high?
full member
Activity: 140
Merit: 100
dump? Just after I went in. Typical. - 25% now.
hero member
Activity: 560
Merit: 500
there are still really spread fluctuations in the  price and that troubles me  from 13k to 9.5k on mintpal ,8.5k on bittrex (satoshi) and that on minutes i wish for the best but i would like to see more stable uprisings or downfalls
Theyre only small corrections in an uptrend. On bittrex there are  other coins being pumped, so ppl keep taking profits from VRC to try to panic catch the other pumps. VRC will steadily climb no worries.
member
Activity: 116
Merit: 10
there are still really spread fluctuations in the  price and that troubles me  from 13k to 9.5k on mintpal ,8.5k on bittrex (satoshi) and that on minutes i wish for the best but i would like to see more stable uprisings or downfalls
sr. member
Activity: 350
Merit: 250
https://twitter.com/realfontas

wow,  seems big whales are coming

i think so as well and will not sell below <3
legendary
Activity: 1330
Merit: 1000
sr. member
Activity: 350
Merit: 250
It is already huge over marketcap  Smiley

21    VeriCoin    $ 2,223,012    $ 0.083070    26,760,835 VRC    $ 430,065

It can be the next Darkcoin

combined with the next zetacoin AFTER the anouncement Wink
full member
Activity: 153
Merit: 100
For some reason wallet refuse to start..


its unbelievable there is still issues with VRC wallet
newbie
Activity: 26
Merit: 0
dev?please help my wallet does not shows my balance I am paid intrest for 3900+ but I cant see or spendy balance

address  VSpUdDBaNsXbaFK3phDbUXJs4L6iejjnbH
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