Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 381. (Read 1232701 times)

Just my 2 cents...

I've been mining VTC about 2 weeks now and even with the lower VTC/BTC that so many seem to be bashing, I'm still bringing in >0.04 BTC per day, which is about double what I was getting with DOGE. Call me crazy, but I'm pretty happy with nearly paying my rent each month just by flipping a switch on a computer. And if VTC goes where I think it will, I'll pay off a lot more than my rent.

For GPU miners perusing this thread, this is a great coin with longevity that I think is going to come into its own in the next ~6 months as scrypt ASICs come to dominate the mining scene for LTC and it's brethren. Yeah, there is a little bit of a learning curve associated with getting your mining rigs online, but I know pretty much nothing about linux and I was able to get it going in about an hour with the amazing help found on vertcoin.org and this thread, so it's well worth trying it out.

Haters are always going to hate and those in it for the Ponzi-style pump and dump are probably not going to love this coin, and I say good riddance. Keep your GPU's making you money longer with Vertcoin.

I love how the whale has been a constant focus here on the thread.   Could be a work-in-progress/established exchange/institution.

p2pool -  join us  - http://e-pool.net

That one address has 1/18th of all coins.  Not very good.....

I am all for VTC but was just looking at DRK surpassing VTC so was just curious. Apparently the whole anonymity thing is the only thing that seems to the differentiator betn the two

LOL!

You're lazy, we know.

I quote just one post for you:



what better what??

so what makes Darkcoin better than VTC?

Well, at today's price, even with a good margin for error, it seems there is some upside - this is assuming one buyer is encouraging the price to drop and is able to also encourage it back up. Alternatively, he's just making a speculative buy because to be honest, this isn't a massive investment he's made (with a potential 10x return being quite plausible).

Boris, PM sent.

Values are psychological and crypto is the right place. All commodties weight by physical units like pounds, units of quantity, one dozen etc.

Naked short selling is not possible but a 51% could be given such a low network hashrate now.  Fortunately most scrypt are ASIC and I guess there are at least 100GH/s scrypt are ASIC now as DOGE is easily pump up and down at will and 80% DOGE concentrated in less than 0.8% address has proven the ASIC centralization has happened.

VERT is speculation proof and difficult to scale up like DOGE due to expensive DDR RAM.  I wish before network expand, miners can implement human proof as a decentralize as mining activities is still 100% machine and very less human required.  Which means bankers are machines and not human.  To make crypto more human it must have human factor inside and ID password with 2FF or multiple authentication with pictures helps as a proof of human interactions

You can add sound authentication as well.
http://www.pcmag.com/article2/0,2817,2453515,00.asp

Miner client can even implement  sound authentication on top of digital authentication.

The key is not about authntication but a proof that each miner is a human instead of a dead ASIC zombie is more important factor of decentralization.  If the miners are decentralize by region, it is easily done in the network address resolution congestion diversion algorithm.  Example of theory: ( Take note that the theory applies on physical optical network but the same concept can applies to hashing power )
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.10.2285&rep=rep1&type=pdf

http://en.wikipedia.org/wiki/Bitmessage
BitMessage built with BitCoin core.

To achieve human recognition, this a BitMessage can be used to broadcast a Message randomly into the wallet address of miners and miners need to response with an answer during the deposit process.  VTC can be the postage fee for anyone who want to use encrypted BitMessge service provided by the VTC network.

Ive been following the darkcoin developments and it got me thinking.

If/when anonymity is introduced into Vert, it can be marketing as first "total package" coin. Most innovative coins coming out serving a specialized or niche area, whereas Vert has the best of all worlds.

Asic resistance friendly to miners
anonimity
strong brand
potential real world adoption
visible and public developers
professional marketing and ease of use
etc etc

It will be the first coin to integrate the best of the 3 pillars of crypto (mining, anonymity, mainstream attraction).

The whale is still not done eating. In fact, his buying has ramped up a gear today.

IMO, he or she has 2000 BTC to buy VTC.

Thanks for doing you sheet - bring it together with a screen shoot of the chart so other also understand what you want to say

http://bitinfocharts.com/vertcoin/address/Vjf6QRCF1AsaMUeGBpN8ZtN2z2htiGkZXr

Somebody bought for a lot of BTC some VTC, and i think he always manipulatd down the price with sellwalls to get them cheaper and cheaper

He did spend from Feb-8 until today 96,000 VTC and has to pay around 448 BTC

We don´t know if he was buying or mining, but for this volume you must have a rig with minimum 150 MH
For me it looks like this volume comes from buying on cryptsy

Any other ideas on this - i think it´s very important to understand what happens to VTC within the last 10 Days

Maybe make you Excel sheet a bit more detailed and bring all informations together - This is very impotant for inverstors who feelde scammed.
The pullback of this action has to come and all people buy at higher prices should hold be to get pulled out from this whale

Perhaps people who brought them at $0.50 a couple of weeks ago and are cashing out their 300% profit?

Or miners who need to cash out immediately and are mining VTC because it's so massively profitable?


I'll ask Bushido to update the OP - Aleks had to move the binaries from Kilovolt because they throw a false positive in several antivirus programs (simply because they are a mining program, and mining programs are often installed as malware by botnets). The new updated links are already correct on http://vertcoin.org

Sorry for your inconvenience, I have updated the links.

Stop fudding and get on your lazy bum and use a search function to find the miner, it's not that hard.

So who has all these VTC to sell? Looks like some people had a better software to mine than others and got lot more coins here.

The site kilovolt with several miner download links in OP is not working. Was this a scam coin?

I'm full buying VTC its so low now.And I believe it will have its niche yes new asic resitant coins will come but VTC already here in exchanges have pools and some marketing  I do'nt know will it go back to 8 usd but I know what 1.5-2 usd good price to buy for this coin.

Why? Care to explain? Thanks!