Topic: VIRTUAL MINING COIN [VMC] | OUR MINED 410 PAYCOINS [XPY] IS ARRIVED!!! - page 12. (Read 146097 times)
December 22, 2014, 06:44:34 AM
December 21, 2014, 06:05:25 PM
ANNOUNCEMENT
Dear VMC Community !
We'd like to let You know, whats happening in the background:
- After the highly profitable HashPoint mining period, we switched back VMC Security Mining Power to BTC mining.
Since ZenHash is not the most profitable HashPower anymore, we've decided to sell them on HashMarket.
- Portions of our ZenHashes are sold already and we've invested this fund in Hashie.co
They have the most reliable and profitable payouts these days in CloudHash Market.
We've tried/tested several different CloudHash services, with own/private investments
and Hashie seem to be the best out All of them !
Therefore: VMC Security will be built up at Hashie !!!
Ofcourse we will publish a report with our new Security details soon, when this movement is completed.
Remember: We need to sell all of our ZenHashes and PayCoins and invest those funds into Hashie GHS.
Our current calculation is, that we will DOUBLE our Security Mining Power and the value of the Security as well !
From now on we will have BTC income again, so VMC REEDEM is back in NEXT WEEK !!!
Our plan is to use:
- 25% of the income for Reedem
- 50% of the income for reinvest (Buy more Hashpower)
- 25% for other costs, like: fees, (eg.: block explorer) marketing and anything extra cost come up in the future...
At this moment we have a little more than 1400 GHS in Hashie... and its growing
We can encourage You to register on Hashie and buy some hashpower for Yourselves...
You can support VMC if You use our referral link: https://hashie.co/t?p=40891&v=552
Ps.:
For XinWao, RD965 and anyone who are interested in Reedem:
Weekly Reedem Limit will be determined by our BTC income.
Since we will use 25% of our secuirty income for reedem, its easy to understand, that we can spend limited amount of BTC for this purpose.
In the future, we will announce weekly reedem limits in BTC, instead in VMC.
In case weekly amount is not totally spent, it goes to the next week fund...and so on !
December 21, 2014, 01:46:44 PM
Whats with this ?
Page not found
December 21, 2014, 12:21:22 PM
December 21, 2014, 11:33:00 AM
what are the plans?
- when did you sell it?
- do you buy hashlets using this money / what do you buy using this money?
- what is the date of redeem back? if you have your paicoins it looks its time to start redeem.
- weekly report should be good to see now.
As we've mentioned earlier, (https://bitcointalksearch.org/topic/m.9881338)
we will wait for HashBase/HashStaker launch with the SELL.
We'll see if price go up to 20$, we will sell them ALL !!! (...and buy HashPower for VMC Security)
If price is lower than 20$/XPY, we'll consider selling part of our PayCoins.
Probably 50% (not decided yet, greatly depends on exact XPY price)
We will buy the most efficient (read: profitable) HashPower available on the Market.
If this is any kind of Hashlet, we will buy hashlets.
If there is something more profitable than Hashlets, we will buy that one...!
Our hashlets are switched back to BTC mining already, when HP mining was over. (2014.12.19.)
Reedem is back, when we will have enough BTC fund to start it...
We plan to start with 1.000.000 VMC weekly reedem limit.
Cant tell You exact date now, but its only days from now
Weekly report will be back, no worries.
After 1 week of BTC mining (next weekend at the latest) You'll see the numbers...
Hope You Guys are satisfied with the above answers ?
Let us know...
Thx!
Dont understand the only one: We plan to start with 1.000.000 VMC weekly reedem limit.
Why??? As I remember it was temporary situation. At CEX times you have been selling as much hashpower as it was required for reedem. It should be back as planed for this coin. Partial limited reedem is not the reedem as designed!
I don't understand, why you don't understand. Our main goal, to raise the price of the VMC. If we don't spend all of the incoming but reinvest a part, we can raise the amount of the collateral security. More collateral security= higher market cap= higher price.
This is the most important. This is the plan. If we can redeem more, we will do. But we will not risk the main goal for the redeem or anything else.
I understand, the redeem is the most important for you Xinwao. You mining and you would like to get BTC for that. You can redeem with us as much as we can, but if you have more coins you have to use the exchanges or you have to wait until the next redeem. That's all what we can do.
The limit of the redeem will change, it's still a temporary situation because we don't know how much will the incoming after when we reinvest the BTC from the Paycoins.
BTW I'm sure it's easy to figure out the price of the VMC will much higher after the reinvest so maybe once you will say thank you because we didn't bought your coins in a low price.
I think that it is time to switch to neoscrypt coins for me.
Don't want to play in vmc while you are doing what you want, thinking that you are always right, and your proposals are like the orders of the king. You are changing the rules too often. Everything should return to initial rules while you stopped mining hashpoints!
I will not bother you anymore about reedem.
Last question: what will happen with mining power while you pay for reedem coins only from money you earned? (you don't sell mining power while reedem as planned at the vmc beginning).
Yep same thoughts here!
December 21, 2014, 04:46:10 AM
what are the plans?
- when did you sell it?
- do you buy hashlets using this money / what do you buy using this money?
- what is the date of redeem back? if you have your paicoins it looks its time to start redeem.
- weekly report should be good to see now.
As we've mentioned earlier, (https://bitcointalksearch.org/topic/m.9881338)
we will wait for HashBase/HashStaker launch with the SELL.
We'll see if price go up to 20$, we will sell them ALL !!! (...and buy HashPower for VMC Security)
If price is lower than 20$/XPY, we'll consider selling part of our PayCoins.
Probably 50% (not decided yet, greatly depends on exact XPY price)
We will buy the most efficient (read: profitable) HashPower available on the Market.
If this is any kind of Hashlet, we will buy hashlets.
If there is something more profitable than Hashlets, we will buy that one...!
Our hashlets are switched back to BTC mining already, when HP mining was over. (2014.12.19.)
Reedem is back, when we will have enough BTC fund to start it...
We plan to start with 1.000.000 VMC weekly reedem limit.
Cant tell You exact date now, but its only days from now
Weekly report will be back, no worries.
After 1 week of BTC mining (next weekend at the latest) You'll see the numbers...
Hope You Guys are satisfied with the above answers ?
Let us know...
Thx!
Dont understand the only one: We plan to start with 1.000.000 VMC weekly reedem limit.
Why??? As I remember it was temporary situation. At CEX times you have been selling as much hashpower as it was required for reedem. It should be back as planed for this coin. Partial limited reedem is not the reedem as designed!
I don't understand, why you don't understand. Our main goal, to raise the price of the VMC. If we don't spend all of the incoming but reinvest a part, we can raise the amount of the collateral security. More collateral security= higher market cap= higher price.
This is the most important. This is the plan. If we can redeem more, we will do. But we will not risk the main goal for the redeem or anything else.
I understand, the redeem is the most important for you Xinwao. You mining and you would like to get BTC for that. You can redeem with us as much as we can, but if you have more coins you have to use the exchanges or you have to wait until the next redeem. That's all what we can do.
The limit of the redeem will change, it's still a temporary situation because we don't know how much will the incoming after when we reinvest the BTC from the Paycoins.
BTW I'm sure it's easy to figure out the price of the VMC will much higher after the reinvest so maybe once you will say thank you because we didn't bought your coins in a low price.
I think that it is time to switch to neoscrypt coins for me.
Don't want to play in vmc while you are doing what you want, thinking that you are always right, and your proposals are like the orders of the king. You are changing the rules too often. Everything should return to initial rules while you stopped mining hashpoints!
I will not bother you anymore about reedem.
Last question: what will happen with mining power while you pay for reedem coins only from money you earned? (you don't sell mining power while reedem as planned at the vmc beginning).
Xinwao: The mining power and the BTCs from the Paycoins all will be invested to the VMC security. We will and we can buy more hashing power than we ever had before. Price will go up, so I really don't understand you.
For all the community: The first plan, when VMC started is that we want to buy own hash power (like an own mining farm) what is used to be the security. This was the original plan and we don't want to change this.
/sorry for my english/
December 21, 2014, 03:47:26 AM
what are the plans?
- when did you sell it?
- do you buy hashlets using this money / what do you buy using this money?
- what is the date of redeem back? if you have your paicoins it looks its time to start redeem.
- weekly report should be good to see now.
As we've mentioned earlier, (https://bitcointalksearch.org/topic/m.9881338)
we will wait for HashBase/HashStaker launch with the SELL.
We'll see if price go up to 20$, we will sell them ALL !!! (...and buy HashPower for VMC Security)
If price is lower than 20$/XPY, we'll consider selling part of our PayCoins.
Probably 50% (not decided yet, greatly depends on exact XPY price)
We will buy the most efficient (read: profitable) HashPower available on the Market.
If this is any kind of Hashlet, we will buy hashlets.
If there is something more profitable than Hashlets, we will buy that one...!
Our hashlets are switched back to BTC mining already, when HP mining was over. (2014.12.19.)
Reedem is back, when we will have enough BTC fund to start it...
We plan to start with 1.000.000 VMC weekly reedem limit.
Cant tell You exact date now, but its only days from now
Weekly report will be back, no worries.
After 1 week of BTC mining (next weekend at the latest) You'll see the numbers...
Hope You Guys are satisfied with the above answers ?
Let us know...
Thx!
Dont understand the only one: We plan to start with 1.000.000 VMC weekly reedem limit.
Why??? As I remember it was temporary situation. At CEX times you have been selling as much hashpower as it was required for reedem. It should be back as planed for this coin. Partial limited reedem is not the reedem as designed!
I don't understand, why you don't understand. Our main goal, to raise the price of the VMC. If we don't spend all of the incoming but reinvest a part, we can raise the amount of the collateral security. More collateral security= higher market cap= higher price.
This is the most important. This is the plan. If we can redeem more, we will do. But we will not risk the main goal for the redeem or anything else.
I understand, the redeem is the most important for you Xinwao. You mining and you would like to get BTC for that. You can redeem with us as much as we can, but if you have more coins you have to use the exchanges or you have to wait until the next redeem. That's all what we can do.
The limit of the redeem will change, it's still a temporary situation because we don't know how much will the incoming after when we reinvest the BTC from the Paycoins.
BTW I'm sure it's easy to figure out the price of the VMC will much higher after the reinvest so maybe once you will say thank you because we didn't bought your coins in a low price.
I think that it is time to switch to neoscrypt coins for me.
Don't want to play in vmc while you are doing what you want, thinking that you are always right, and your proposals are like the orders of the king. You are changing the rules too often. Everything should return to initial rules while you stopped mining hashpoints!
I will not bother you anymore about reedem.
Last question: what will happen with mining power while you pay for reedem coins only from money you earned? (you don't sell mining power while reedem as planned at the vmc beginning).
December 20, 2014, 11:20:49 PM
what are the plans?
- when did you sell it?
- do you buy hashlets using this money / what do you buy using this money?
- what is the date of redeem back? if you have your paicoins it looks its time to start redeem.
- weekly report should be good to see now.
As we've mentioned earlier, (https://bitcointalksearch.org/topic/m.9881338)
we will wait for HashBase/HashStaker launch with the SELL.
We'll see if price go up to 20$, we will sell them ALL !!! (...and buy HashPower for VMC Security)
If price is lower than 20$/XPY, we'll consider selling part of our PayCoins.
Probably 50% (not decided yet, greatly depends on exact XPY price)
We will buy the most efficient (read: profitable) HashPower available on the Market.
If this is any kind of Hashlet, we will buy hashlets.
If there is something more profitable than Hashlets, we will buy that one...!
Our hashlets are switched back to BTC mining already, when HP mining was over. (2014.12.19.)
Reedem is back, when we will have enough BTC fund to start it...
We plan to start with 1.000.000 VMC weekly reedem limit.
Cant tell You exact date now, but its only days from now
Weekly report will be back, no worries.
After 1 week of BTC mining (next weekend at the latest) You'll see the numbers...
Hope You Guys are satisfied with the above answers ?
Let us know...
Thx!
Dont understand the only one: We plan to start with 1.000.000 VMC weekly reedem limit.
Why??? As I remember it was temporary situation. At CEX times you have been selling as much hashpower as it was required for reedem. It should be back as planed for this coin. Partial limited reedem is not the reedem as designed!
I don't understand, why you don't understand. Our main goal, to raise the price of the VMC. If we don't spend all of the incoming but reinvest a part, we can raise the amount of the collateral security. More collateral security= higher market cap= higher price.
This is the most important. This is the plan. If we can redeem more, we will do. But we will not risk the main goal for the redeem or anything else.
I understand, the redeem is the most important for you Xinwao. You mining and you would like to get BTC for that. You can redeem with us as much as we can, but if you have more coins you have to use the exchanges or you have to wait until the next redeem. That's all what we can do.
The limit of the redeem will change, it's still a temporary situation because we don't know how much will the incoming after when we reinvest the BTC from the Paycoins.
BTW I'm sure it's easy to figure out the price of the VMC will much higher after the reinvest so maybe once you will say thank you because we didn't bought your coins in a low price.
December 20, 2014, 05:39:21 PM
what are the plans?
- when did you sell it?
- do you buy hashlets using this money / what do you buy using this money?
- what is the date of redeem back? if you have your paicoins it looks its time to start redeem.
- weekly report should be good to see now.
As we've mentioned earlier, (https://bitcointalksearch.org/topic/m.9881338)
we will wait for HashBase/HashStaker launch with the SELL.
We'll see if price go up to 20$, we will sell them ALL !!! (...and buy HashPower for VMC Security)
If price is lower than 20$/XPY, we'll consider selling part of our PayCoins.
Probably 50% (not decided yet, greatly depends on exact XPY price)
We will buy the most efficient (read: profitable) HashPower available on the Market.
If this is any kind of Hashlet, we will buy hashlets.
If there is something more profitable than Hashlets, we will buy that one...!
Our hashlets are switched back to BTC mining already, when HP mining was over. (2014.12.19.)
Reedem is back, when we will have enough BTC fund to start it...
We plan to start with 1.000.000 VMC weekly reedem limit.
Cant tell You exact date now, but its only days from now
Weekly report will be back, no worries.
After 1 week of BTC mining (next weekend at the latest) You'll see the numbers...
Hope You Guys are satisfied with the above answers ?
Let us know...
Thx!
Dont understand the only one: We plan to start with 1.000.000 VMC weekly reedem limit.
Why??? As I remember it was temporary situation. At CEX times you have been selling as much hashpower as it was required for reedem. It should be back as planed for this coin. Partial limited reedem is not the reedem as designed!
December 20, 2014, 11:47:32 AM
Dear VMC Community
Coin-Swap exchange is temporarly closed due to some issue with their new code (its broken) https://coin-swap.net/
The only exchange left for VMC is: BetaShareX
https://betasharex.com/trade/VMC/BTC
We encourage You to Trade some on BetaShareX !
Have You seen the latest marketprice ?!?
Take a look
https://betasharex.com/trade/VMC/BTC
Coin-Swap exchange is temporarly closed due to some issue with their new code (its broken) https://coin-swap.net/
The only exchange left for VMC is: BetaShareX
https://betasharex.com/trade/VMC/BTC
We encourage You to Trade some on BetaShareX !
Have You seen the latest marketprice ?!?
Take a look
https://betasharex.com/trade/VMC/BTC
December 20, 2014, 11:35:37 AM
what are the plans?
- when did you sell it?
- do you buy hashlets using this money / what do you buy using this money?
- what is the date of redeem back? if you have your paicoins it looks its time to start redeem.
- weekly report should be good to see now.
As we've mentioned earlier, (https://bitcointalksearch.org/topic/m.9881338)
we will wait for HashBase/HashStaker launch with the SELL.
We'll see if price go up to 20$, we will sell them ALL !!! (...and buy HashPower for VMC Security)
If price is lower than 20$/XPY, we'll consider selling part of our PayCoins.
Probably 50% (not decided yet, greatly depends on exact XPY price)
We will buy the most efficient (read: profitable) HashPower available on the Market.
If this is any kind of Hashlet, we will buy hashlets.
If there is something more profitable than Hashlets, we will buy that one...!
Our hashlets are switched back to BTC mining already, when HP mining was over. (2014.12.19.)
Reedem is back, when we will have enough BTC fund to start it...
We plan to start with 1.000.000 VMC weekly reedem limit.
Cant tell You exact date now, but its only days from now
Weekly report will be back, no worries.
After 1 week of BTC mining (next weekend at the latest) You'll see the numbers...
Hope You Guys are satisfied with the above answers ?
Let us know...
December 20, 2014, 11:07:28 AM
Dear Community!
Quick announcement:
Actually we have 410 Paycoins [XPY], this is actually 3500 dollar now: https://chainz.cryptoid.info/xpy/#
As we said, we will sell all our mined paycoins and all the income goes to VMC security fund.
Quick announcement:
Actually we have 410 Paycoins [XPY], this is actually 3500 dollar now: https://chainz.cryptoid.info/xpy/#
As we said, we will sell all our mined paycoins and all the income goes to VMC security fund.
what are the plans?
- when did you sell it?
- do you buy hashlets using this money / what do you buy using this money?
- what is the date of redeem back? if you have your paicoins it looks its time to start redeem.
- weekly report should be good to see now.
December 20, 2014, 08:51:59 AM
Dear Community!
Quick announcement:
Actually we have 410 Paycoins [XPY], this is actually 3500 dollar now: https://chainz.cryptoid.info/xpy/#
As we said, we will sell all our mined paycoins and all the income goes to VMC security fund.
Quick announcement:
Actually we have 410 Paycoins [XPY], this is actually 3500 dollar now: https://chainz.cryptoid.info/xpy/#
As we said, we will sell all our mined paycoins and all the income goes to VMC security fund.
December 20, 2014, 03:55:12 AM
Check previous pages, we can redeem VMC for paycoins in near future.
Where did You see this kind of information ?
We havent announced anything like that !
It is not planned at all, PayCoins will be sold and the funds will be used to build up VMC Collateral Security !
Check this announcement please:
https://bitcointalksearch.org/topic/m.9779729
Would be a good idea, what you mean changing back to btc mining? and cmon I have more than 200mh myself its ridiculous we all own 186mh
Stop mining hashpoints, start mining BTC. You have mined enough hashpoints.
Please don't mine BTC, current profitability is under maintenance fees, use 50% for change to BTC, 25% on 3 months HashStaker and 25% on 6 months HashStaker.
On mining is not posible to make any new profit.
It's not true that mining BTC is under maintenance fee (I have some GHS at Zencloud). Please proof what you wrote.
Also DEV dont mine BTC directly, they have ZenHashlets.
DEV newbie account? Is DEV planning to mine sth differend than BTC now? HashStaker? Oh no....
by the way: how many PayCoins do you have?
I have tried mining there using zenhashlet and prime hashlet and they do have maintenance fee.
Do tell me since when they have not been charging maintenance fee on btc mining?
You did not understand whad he had written.
He said: current profitability is under maintenance fees. And it is not true. There is maintenance fee but not higher than profits.
December 20, 2014, 12:10:45 AM
Check previous pages, we can redeem VMC for paycoins in near future.
Where did You see this kind of information ?
We havent announced anything like that !
It is not planned at all, PayCoins will be sold and the funds will be used to build up VMC Collateral Security !
Check this announcement please:
https://bitcointalksearch.org/topic/m.9779729
Would be a good idea, what you mean changing back to btc mining? and cmon I have more than 200mh myself its ridiculous we all own 186mh
Stop mining hashpoints, start mining BTC. You have mined enough hashpoints.
Please don't mine BTC, current profitability is under maintenance fees, use 50% for change to BTC, 25% on 3 months HashStaker and 25% on 6 months HashStaker.
On mining is not posible to make any new profit.
It's not true that mining BTC is under maintenance fee (I have some GHS at Zencloud). Please proof what you wrote.
Also DEV dont mine BTC directly, they have ZenHashlets.
DEV newbie account? Is DEV planning to mine sth differend than BTC now? HashStaker? Oh no....
by the way: how many PayCoins do you have?
I have tried mining there using zenhashlet and prime hashlet and they do have maintenance fee.
Do tell me since when they have not been charging maintenance fee on btc mining?
December 19, 2014, 01:40:30 PM
Check previous pages, we can redeem VMC for paycoins in near future.
Where did You see this kind of information ?
We havent announced anything like that !
It is not planned at all, PayCoins will be sold and the funds will be used to build up VMC Collateral Security !
Check this announcement please:
https://bitcointalksearch.org/topic/m.9779729
Would be a good idea, what you mean changing back to btc mining? and cmon I have more than 200mh myself its ridiculous we all own 186mh
Stop mining hashpoints, start mining BTC. You have mined enough hashpoints.
Please don't mine BTC, current profitability is under maintenance fees, use 50% for change to BTC, 25% on 3 months HashStaker and 25% on 6 months HashStaker.
On mining is not posible to make any new profit.
It's not true that mining BTC is under maintenance fee (I have some GHS at Zencloud). Please proof what you wrote.
Also DEV dont mine BTC directly, they have ZenHashlets.
DEV newbie account? Is DEV planning to mine sth differend than BTC now? HashStaker? Oh no....
by the way: how many PayCoins do you have?
December 19, 2014, 10:26:25 AM
Check previous pages, we can redeem VMC for paycoins in near future.
Where did You see this kind of information ?
We havent announced anything like that !
It is not planned at all, PayCoins will be sold and the funds will be used to build up VMC Collateral Security !
Check this announcement please:
https://bitcointalksearch.org/topic/m.9779729
Would be a good idea, what you mean changing back to btc mining? and cmon I have more than 200mh myself its ridiculous we all own 186mh
Stop mining hashpoints, start mining BTC. You have mined enough hashpoints.
Please don't mine BTC, current profitability is under maintenance fees, use 50% for change to BTC, 25% on 3 months HashStaker and 25% on 6 months HashStaker.
On mining is not posible to make any new profit.
December 18, 2014, 02:42:40 PM
Stop mining hashpoints, start mining BTC. You have mined enough hashpoints.
XinWao
Currently mining HP is the most profitable on the market !
We can mine around
~3000 HP / day
equals to ~ 7.5 XPY
equals to ~ 0.165 BTC / day (at current XPY price)
Its still the most profitable ATM !
But we believe in PayCoin price will raise after HashBase and HashStaker launched and after PoS pahse is started.
All of the above will happen in a few days... so we'll see.
Anyways:
HP mining is over in a day or so...
We will switch back to BTC mining, straight away when HP mining is over.
So no worries... reedem is back in no time !!!
Dont be confused son it will go down after the hype
December 18, 2014, 02:34:33 PM
Stop mining hashpoints, start mining BTC. You have mined enough hashpoints.
XinWao
Currently mining HP is the most profitable on the market !
We can mine around
~3000 HP / day
equals to ~ 7.5 XPY
equals to ~ 0.165 BTC / day (at current XPY price)
Its still the most profitable ATM !
But we believe in PayCoin price will raise after HashBase and HashStaker launched and after PoS pahse is started.
All of the above will happen in a few days... so we'll see.
Anyways:
HP mining is over in a day or so...
We will switch back to BTC mining, straight away when HP mining is over.
So no worries... reedem is back in no time !!!
December 18, 2014, 10:25:16 AM
Check previous pages, we can redeem VMC for paycoins in near future.
Where did You see this kind of information ?
We havent announced anything like that !
It is not planned at all, PayCoins will be sold and the funds will be used to build up VMC Collateral Security !
Check this announcement please:
https://bitcointalksearch.org/topic/m.9779729
Would be a good idea, what you mean changing back to btc mining? and cmon I have more than 200mh myself its ridiculous we all own 186mh
Stop mining hashpoints, start mining BTC. You have mined enough hashpoints.
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