Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 186.

sammy007

legendary

Activity: 1904

Merit: 1003

Quote from: styxical on May 31, 2014, 11:37:25 PM

Quote from: AlexGR on May 31, 2014, 11:13:29 PM

Make a community poll*, reduce daily inflation to 1/4th and the coin will be (more) ok. Implement it along with the stealth addresses in the same hardfork.

* Ask for extended majority of 2/3rds to take the decision - like 66.6% required to make any change, not just 50%.

This kills the coin. Why would I, a new person, use a coin which developer's are manipulating to profit from?

DRK only got away with it because they're the only ones offering anon transactions.

DRK is probably the most unfair coin ever (except obvious scam coins). VTC have to just add features and don't cheat with coin supply.

bengtåke

sr. member

Activity: 309

Merit: 250

confused developer

Quote from: Sharkzz1 on June 01, 2014, 05:33:40 AM

Please dont freakin hardfork it man!! its gonna make vert look like a scamcoin, just dont and wait and see what happens guys.

We won't, that's not how we roll.

Sharkzz1

sr. member

Activity: 880

Merit: 251

Think differently

Please dont freakin hardfork it man!! its gonna make vert look like a scamcoin, just dont and wait and see what happens guys.

bengx

full member

Activity: 202

Merit: 100

Quote from: Amph on June 01, 2014, 04:00:45 AM

i heard there will be anon feature for vertcoin, just a rumor or is the true?

Yes, stealth addresses will be coming end June.

hyeoam

full member

Activity: 182

Merit: 100

Charts here: http://crypto-prices.com/VTC

bengtåke

sr. member

Activity: 309

Merit: 250

confused developer

Quote from: Amph on June 01, 2014, 04:00:45 AM

i heard there will be anon feature for vertcoin, just a rumor or is the true?

http://blog.vertcoin.org/

Amph

legendary

Activity: 3248

Merit: 1072

i heard there will be anon feature for vertcoin, just a rumor or is the true?

BorisTheSpider

full member

Activity: 210

Merit: 100

Quote from: bengx on June 01, 2014, 03:37:04 AM

What does it say about VTC if we choose to change the specifications of the coin whenever prices fall too low for our liking?

Exactly. But I'd also like to point out (again) that the price hasn't fallen - continual investment into VTC has ensured the price has remained stable - people measuring against BTC might as well be measuring VTC price in terms of Lean Hog contracts.

Changing the economics of the system is completely out of the question. You don't change the rules of the game once people have started playing - it's a scam. In addition, it upsets the equilibrium that the market finds, and makes it impossible for price discovery to happen - a blockchain can protect as much money as it has the hashrate to secure, that's one of the reasons that I believe VTC is cheap at $1, and it's also a reason to keep miners well incentivised to secure the blockchain.

bengx

full member

Activity: 202

Merit: 100

Quote from: dotnetmin on June 01, 2014, 01:56:32 AM

I agree with AlexGR and his inflation fact. For me i do not longer mine VTC because my expensive energie cost.
Only people mining now are those who have significant low energie cost. They only do it now because they still can make a profit with VTC and their GPU. Price will steady decline as it is doing over weeks now.
If only 25% of actual supply could be mined now selling pressure would come down and price can go up again.
This would result people come back and invest in VTC again.

Think about this and ask community. Make it real after community has decided and do it with the announced fork. I paid a lot of btc for my VTC and still hold them up to now, but at some point i also have to cut my loss.

Its also time to cut my loss on ltc. Only crypto i have over are then btc, vtc and drk.
By now drk is my last chance to go on with crypto without loosing around 5k€.
I am related to crypto since end november 2013 and now after 7 month i work out day by day how this game works. As a nwbee there is only blood left on the crypto street.

What does it say about VTC if we choose to change the specifications of the coin whenever prices fall too low for our liking?

dotnetmin

hero member

Activity: 756

Merit: 500

I agree with AlexGR and his inflation fact. For me i do not longer mine VTC because my expensive energie cost.
Only people mining now are those who have significant low energie cost. They only do it now because they still can make a profit with VTC and their GPU. Price will steady decline as it is doing over weeks now.
If only 25% of actual supply could be mined now selling pressure would come down and price can go up again.
This would result people come back and invest in VTC again.

Think about this and ask community. Make it real after community has decided and do it with the announced fork. I paid a lot of btc for my VTC and still hold them up to now, but at some point i also have to cut my loss.

Its also time to cut my loss on ltc. Only crypto i have over are then btc, vtc and drk.
By now drk is my last chance to go on with crypto without loosing around 5k€.
I am related to crypto since end november 2013 and now after 7 month i work out day by day how this game works. As a nwbee there is only blood left on the crypto street.

tolguen

newbie

Activity: 54

Merit: 0

Good morning Vertans,

please find this week's Sunday morning web & communications report here:

CLICK ME HARD

If you like them I would REALLY appreciate if you donated some VTC or BTC to the following wallets:
VTC: VotAKLDKZDtFGcT5UAY1A3YjNNC8BLCfaz
BTC: 1EpUm3MoLgF7bFHqAXxJnCR4bQ174DQx86

Thank you so much guys!

ivanlabrie

hero member

Activity: 812

Merit: 1000

I disagree, people use fiat to buy food, not crypto...people use crypto as a store of value or to speculate on price fluctuations. Let's get real.

SnakeEater

member

Activity: 90

Merit: 10

Derive crypto values from its use and never think of soneone else will collaterize it in real like Gold.

Always treat it as a tool for exchange and not a store of values. FIAT and crypto share the same traits where values derive from its use and not a store of values.

Do not put saving into it but use it when you need them. Store values into your own knowledge and experiences and grow values out of creation and needs from others.

Crypto developers create the tool and community accept them
not through force but the usefulness and integrity. FIAT is back by war so to achieve long term evolution, FIAT has to end. Whoever hold the power of FIAT can always abuse it at his mercy.

Crypto network can grow and destroy easily through acceptance and participation.

The number of wallets in used has the same effect of FaceBook numbers of acounts.

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote from: styxical on May 31, 2014, 11:37:25 PM

Quote from: AlexGR on May 31, 2014, 11:13:29 PM

Make a community poll*, reduce daily inflation to 1/4th and the coin will be (more) ok. Implement it along with the stealth addresses in the same hardfork.

* Ask for extended majority of 2/3rds to take the decision - like 66.6% required to make any change, not just 50%.

This kills the coin.

Look around you on who are complaining of death.

Alts have gone down a very wrong route with massive inflation / debasement. This is unsustainable.

As inflation requires money to preserve price, the price goes down. The perception is then formulated that the coin is failing. This perception is then reinforced by all those who cut their losses with the "dying coin" and dump in waves. After a few months there's pretty much the sensation of stagnation and that the coin has no future. "If it had, it would have already made its mark".

This is cryptoland. The attention-deficit-disorder place in which people want the next new thing otherwise you are slipping into irrelevancy.

Give people features, store of value, low inflation etc and go for the kill. There is no reason why someone would buy today and have his investment debased by 50% in a few months due to double coins in circulation. There is simply no point.

Even the goal of becoming the next LTC is now fading, with LTC itself being dumped by the 10k's. Coins must be more cutting-edge than LTC, not only deliver ASIC resistance.

My 2c.

styxical

member

Activity: 87

Merit: 10

Quote from: AlexGR on May 31, 2014, 11:13:29 PM

Make a community poll*, reduce daily inflation to 1/4th and the coin will be (more) ok. Implement it along with the stealth addresses in the same hardfork.

* Ask for extended majority of 2/3rds to take the decision - like 66.6% required to make any change, not just 50%.

This kills the coin. Why would I, a new person, use a coin which developer's are manipulating to profit from?

DRK only got away with it because they're the only ones offering anon transactions.

AlexGR

legendary

Activity: 1708

Merit: 1049

Make a community poll*, reduce daily inflation to 1/4th and the coin will be (more) ok. Implement it along with the stealth addresses in the same hardfork.

* Ask for extended majority of 2/3rds to take the decision - like 66.6% required to make any change, not just 50%.

bengx

full member

Activity: 202

Merit: 100

Quote from: coins4meh on May 31, 2014, 09:53:09 PM

Is VRC dying or simply inflation? It's killing me to see the price drop so low Sad

Just hold, wait, and see.

coins4meh

full member

Activity: 190

Merit: 100

Is VRC dying or simply inflation? It's killing me to see the price drop so low Sad

SnakeEater

member

Activity: 90

Merit: 10

Quote from: deky_ on May 31, 2014, 11:36:17 AM

Quote from: BorisTheSpider on May 30, 2014, 03:01:59 PM

Quote from: mfedorov on May 30, 2014, 02:42:24 PM

This is based on some updates from developers. Stealth addresses and electrum coming in June!
http://www.reddit.com/r/vertcoin/comments/26thlw/dev_update/

Development update posted to blog: http://blog.vertcoin.org/

Thank you Boris!

The tide is forming. Waves after waves I see new high can achieve with new features from 0.0014 to 0.01 and that is 700% jump forming a healthy 30 million small niche market.

Daily volumes of 500~600 BTC should achievable and miners will get only 15% of what they used to get. Early adopters will regret they cannot see the opportunity of this moment. Getting 10~20k VTC can make you top 50 richest easily in VTC. You cannot buy 10,000 VTC easily in normal days. This is the bottom and the USD to BTC BTC to VTC is the only way to get it now. Institutions are professional psychology expert and the interest in this 24/365 trading with zero regulations non stop playground will be more fun than the Wall Street.

BTC cannot rise 7x from USD$450 to $3000 but VTC can rise from USD$0.9 to $6

BorisTheSpider

full member

Activity: 210

Merit: 100

Quote from: kahir on May 31, 2014, 06:46:20 AM

Vert price is stable around 1 dollar each ... its btc that is rising

+1

BTC isn't a very suitable yardstick to measure value against. For all you can say against fiat money (which is rather a lot) it does tend, in the short term, to buy a similar amount of real-world value, so it's much more appropriate to measure the value of VTC against a somewhat stable reference like fiat - when you do this, you'll find the purchasing power of VTC hasn't really budged in this "downtrend". Given the large amount of ongoing investment that implies (which other people in the last few posts have put in terms of specific numbers), it's a very positive sign for VTC.

Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 186. (Read 1232754 times)