Topic: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer - page 432. (Read 1232780 times)

Hmm, the explorer has been down for hors now (again), does anyone know whats going on there?

+1, +1, +1!

+1, I'd like to see it very professional, very trust worthy to associate with my website. Any that's actually read something like Niall Ferguson's book has to realize that scarcity, not the abundance of easily mined coined is what will sustain long term growth. Mining coins quickly is like printing too much money & causing inflation.

This is a very early thought/concept: is it possible to setup "exchanges" connected to every Vtc pool? So, the pool will have a bunch of Vtcs sitting in reserves that everyone can see (avoiding mt gox transparency problems).

Miners can elect the percentage they wish to keep and the percentage they wish to make available on the exchange and what crypto they are willing to accept. The percentage made available would be sold by the pool and then paid to the miner in the crypto of their choice.

Over time, miners can also add bank details to accept dollars via the pool/exchange mechanism, to sell Vtc for fiat.

Just an idea. Feel free to point out obvious problems with this setup.  

Yes same here.  My Cryptsy took long time to show up as well.  Maybe there is a auto account freezed logic when you create support ticket.

1. get a linux wallet
2. setup this p2pool - https://github.com/donSchoe/p2pool-vtc

if you are not familiar with compiling stuff in linux, try to run p2p in windows.  The link in 2 describes how.

There are many excellent ideas in this thread. It's a joy to read constructive posts.

Sorry, this is a double post, but it is a good remark on your statement.

We should launch small conferences about VTC at universities in all countries we can find a representative for. When I talk to people who have "heard of it" but do not really know what it is, they have a lot of questions. And they tell me that they would love to be part of this project in terms of investment or whatever. In most cases they have the feeling that this train is already gone. To be honest, I am not even sure what to tell them. I don't know if investing in BTC is a big thing anymore since competition is rising. If there was a cool informative event at my university, I would go there. It could - or even should - start with cryptos in general and it can well end with VTC and its advantages. Although technical, 45 minutes can be enough to explain everything that's important. I mean, you are not talking to idiots there (at least most of them are not). Also, the probability that some people will attend this at university is quite high in my opinion.
We could work together on a presentation with very nice explanations and many more features. W could also convince people to mine it by explaining how face to face. Our representatives could work as contact persons in their environment.
Not all people are coming to this forum. We could pick them up where they are. Any input on this?

Of course you are completely correct., but your voice will quickly become lost amongst all the hype. The alt-coin market is not driven by a rational assessment of the future viability of each new coin: it is driven by the promise of instant wealth, and regret at having missed the Bitcoin boom. It’s driven by the desire that this coin – My Coin - will be the next Bitcoin. This time, I’m not going to miss out, This time, it’s my turn. I got in early. And everyone better jump on board the rocket ship, because it’s going to the moooon!

Watch as a new coin is created from thin air, instantly met with enthusiastic acceptance and viral hype (Yes! This coin will be the next big thing!). Watch as people frantically mine and buy as many coins as possible (Better buy now, before the price goes up). Then, after the hype dies down or the coin is listed on a major exchange, see the price drop to the floor as the smart people sell, and the ones with dollar-signs in their eyes are left holding the bag. See the graveyard of dead coins, each with their legion of loyal devotees, still clinging on in desperate hope (Come on guys, this coin can still make it. All we need is for more people to hear about it).

The reality, as you understand, is that there already is a Bitcoin. To the extent that Bitcoin has built trust, stability, and recognition, it has done so slowly, and it won’t be easy to topple.  It won’t be done simply by taking Bitcoin and adding a few extra features. ASIC-resistance is something that nobody in the wider world who may be thinking about using Bitcoin, is likely to care about or even understand. They are concerned about things like stability of the currency, risk, and legality. They want assurance that if they buy or use Bitcoin, they won’t lose all their money or go to jail. They don’t really understand crypto-currencies, and  are scared because of the news stories about Bitcoin (Is it even legal?). And aside from all these questions, they need to see a real benefit for using it, aside from an ideological one, before they put their real, hard-earned money into it.

Bitcoin does have its problems. It is inevitable that if it continues to grow and become more accepted, it will eventually be replaced by a superior currency. But that currency won’t simply be a derivative: it would need to offer a lot to differentiate itself and become widely accepted. Things like POS vs. POW, Scrypt vs. SHA, block halving times and pre-mines are relevant to miners, but are largely esoteric to everyone else. What is needed is something a lot bigger. And when that comes, people won’t be oblivious to the massive amounts of money to be made, like they were the first time. It won’t be released as a fair, free for all, and the ground floor will be closed off to all but a few.

Until then, there is some money to be made by riding the dreams of the naive and desperate. Pump and dump, sir. Pump and dump.

here we go, VTC on another market: BTER

https://bter.com/trade/vtc_btc

xD

interested in vertcoinmagazine.com ?

Aside from the "big down" correction after the first TREMENDOUS rise, the only two times vert coin really lowered is the two times Bitcoin went batshit crazy regarding the exchange issues.

This bit coin uncertainty is not over yet, but every time the markets seems to calm down a bit, interest rises again for vert coin.

I'm not saying anything, but I can't wait to see what happens when we finally get a bit of calm after the storm.

sent 3VTC

nice 1 mate

Just sent a little over 4 VTC to the African Well Project. Great idea!

Hi CryptX.io - nice to see attentive customer service there - added you guys to the official vertcoin.org site.

Iam already a couple of days bissy with making a vert news site. It gone be mix between serious and funny articles.
My goal is to introduce the vertcoin to the mass! If you have tips or ideas please let me now

there was another one on bter of 10 BTC now it's 5.x
vertcoin is getting interest or are they preparing for another pump?

As a bitcoin and litecoin investor, I like Vtc because it promises to be truly ASIC resistant. I can see regulations coming that might crush bitcoin. Of course Btc will likely fork to ASIC resistance too if that ever happened.

So Vtc's strength comes from decentralisation in my view. Vtc decentralises mining. For example just look at the pools that have been setup with people helping each other. It's so different to bitcoin and litecoin.

Here is another area where regulators will attack bitcoin: the exchanges. If Vtc can help people setup very micro exchanges for Vtc to other cryptos, similar to what you guys did with pools, Vtc will see no limits.

Vertcoin will truly be by the people and for the people.