Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 378. (Read 1232701 times)

I'm really hoping for the main site or at least bitcointalk dev posts to come up something like this.

Thanks for responding Boris, much appreciated. Also, I wanted to see what is your opinion on this: do you think it's a good idea to add links for 2 available VTC profitability calculators on Vertcoin.org page? Also, now there is available hardware comparison list, maybe add that too?


Calculator links:
http://www.verters.com/vertcoin-mining-calculator
http://www.coinwarz.com/calculators/vertcoin-mining-calculator


Hardware comparison list:
http://www.verters.com/vertcoin-hardware-list


Another item, I was wondering if we could have something like an official recurring weekly status update from the dev team? Nothing fancy, just a short post (or long if you have the time), about the current developments, projects, statuses etc...

Maybe it's better to have something like this, so that the whole community can have visibility on. I believe this would help miners/traders/investors who are potentially considering joining VTC ecosystem make a better informed decision.

Just an idea...

You talking about promotion but I tried to find a payment processor for popular web shop engines and did not get it. I can write a payment plugin for VirtueMart 2 with moolah.ch payment, so can anyone PM me a contacts of moolah.ch owner?

I noticed Vertcoin is on facebook... I'm going to share this page to all my friends. If everyone did that we might get some more exposure through the social networking sites. What this coin has is 'commitment factor'. Most people have heard of what bitcoin is but most people feel they have missed out on that boat. Would be a great way of introducing people to cryptocurrency via Vertcoin. We are at the perfect stage for people to come in and buy while it's cheap... Just an idea. Can't hurt 

What you say here makes a lot of sense. This could just be someone who wants to make a killing. Why would a competitor spend all this money and time to try and bring down one of so many alt coins unless of course it really is a threat (who knows). We can't control it. I'd like to concentrate on things that we can control.

You can bring down the price of gold but it's still gold at the end of the day. That would just be delaying the inevitable...

I believe that being a new coin, Vertcoin took off too quickly and as much as people don't want to hear it... It is re-adjusting to the path it should be on. I got to admit i'm not over the moon about buying up when the price was higher but I understood the risks when I did... I was always in it for the long haul. You can't take a leopards spots away though. This coin has something others do not. I'm looking forward to it's continued development through the us and downs. I BELIEVE.

Well stated.

Unless he's the absolute dumbest man on earth, I can only see this as him knowing that this stuff is going to skyrocket

a) because of his own personal pumping efforts

or

b) organically because of the substantial following this coin garnered after only a few days.  


I doubt anyone with that kind of expendable income would knowingly choose to 'invest' in a coin that he knew was bound to lose money on medium to long term.  There is definitely something going on behind the scenes, and I have a feeling he has his finger on it.

(btw, Fontase was HUGE on vtc when it first came out and hounded people to get in on it early.  not sure if he is in any way related to all this, but it would seem to fit with the patterns of his usual antics)

http://vertcoinforum.com/


True story!

This got to mean something!

well whoever this whale is, be it some private investor or cryptsy (which I almost half believe it is)
whoever owns all those coins dumped some serious cash into them.. think about this, people.
 at $3 per vertcoin, (average between $7 and its current price) this dude has spent over $300000 usd on vtc.. either he knows something the rest of us dont, or hes gonna pump the hell out of it to make a profit once he has a significant share to alter the market... meaning to see a slim profit, vtc needs to be at $5-7 per..  for him to make a significant profit (double his money) vtc needs to be at $10-14

I cant see someone willingly throw $300000 away for a "junk" or cheap p&d coin.
people with that kind of money usually only spend it on things that will make them MORE money.. not less

if this whale is buying in order to profit. im hanging on for the ride.

either that or its a scammer/hacker address
or some billionaire playing day trader and not really giving a crap about losing a few hundred k.

im going with the first scenario, it makes the most sense to me.
be patient people... something will happen eventually and it will trigger a massive spike in price.

what caused the big price spike this month?

Devs, Is there an established forum specifically for Vertcoin holders?

Someone technically inclined should promote VTC at the Crypto convention

http://cryptocurrencyconvention.com/

Are you 12 or something? My bag must be made out of 24ct gold then ;-)

@Boris, I wouldn't attack anyone if I were you since you are part of the Vertcoin team. Play it cool and diplomatic, the system takes care of weeds. Hope you represent well and I understand it is tough to control the emotion sometimes

+1

This post reflects entirely what I think about this coins.

90% of miners are at altcoins just for the short term / fast profitability. I don't blame them. Everyone is here for the profit. BUT, vertcoin is not like other coins. Vertcoin, as I truly believe, is here for the long term -to make a change in crypto's and is threatening a lot of people. Proof of that is that big "whale" buying thousands of VTC's by the day.

Guys, if you feel this coin as potential, keep on it. ASICS are centralizing the cryptocoins, therefore, we need this. Remember, a coin its not just about the dev's. A coin is the community. And we are here!

Im not holding... I'm believing!

I told you and you guys wouldn't listen, no pitty for stubborn bagholders 

Indeed. People are even less sensible than I gave them credit for (and that is saying something). If you're looking for something that you need to watch the price of minute-to-minute, perhaps VTC is not the coin for you. Sigh, as though a year can be considered a "long term" investment anyway, but going by some of the posts around here, you'd think it was a lifetime!

I have no idea if you are a shill, or just not technical enough to understand. There is no "magic" scrypt miner that's hidden away anywhere, if there was, scrypt would be a broken algorithm - it's kind of fundamental when we're talking about cryptographic primitives that if something takes a certain amount of work to do, there are no shortcuts - that's just how much work it takes.

Sorry Keyser, been so busy.

Please can you email me your debug.log (from the data directory) to [email protected] and I'll take a look. Please include the txid and any other information about the transaction that you posted earlier in the thread, and we'll figure out what the problem is.

If been following these posts for about a week now and this is my first post. Hello fellow verters :-) I'm from the UK.

 Makes me laugh how people who have invested in this coin don't understand what's happening here and continue to think 'short term' despite taking in everything that has been posted in this forum. The mining profitability is too high right now. People also sell to buy at a cheaper price because they are relying on the continued fall. The whale who is buying in these quantities clearly values the coin and expects it to rise in the future(Again i see this as a positive) Why can't people who hold these coins just show a little patience. Buy if you can or hold. (I'd suggest buy). You are being given an opportunity to make more money when this coin really takes off. People posting stuff like 'It's gonna go below 0.002. It just creates panic and more people will make the wrong choice in bailing. Best off keeping those thoughts to yourself. It benefits noone.
 
Fortunately its not going to stay this way. I've observed a lot of different views on vertcoin all around the web and noticed there are a lot of people wanting this coin to fail because they see it's a threat.... Personally that pleases me.... I couldn't care less what the price is at now... I care what it's at in one year... I know nothing about mining and am no techy but I am willing to help you devs where ever I can to help bring Vertcoin to the next level. It's in my own interest afterall. The currency exchange and amazon Digipay is very positive for this coin. Anyway keep up the good work guys. Stay strong

There is no special miner... If you are getting 50% hashrate of the normal scrypt used for Litecoin, then that's the best you are going to get.

I get exactly 50% of my N=1024 scrypt miner when using Vertcoinminer. Please don't spread baseless conspiracy theories.

I have the same observations.  The published expected scrypt on DOGE is maximum at 70% and I believe ASIC in stealth operation so the difficulty unable to adjust itself and that is a ASIC advantage and yet the network hashrate appear calm. 

VERT hashrate does not grow despite strong income show that it is really ASIC resistant but speculation is one form of acceptance to show that is has values.