http://www.reddit.com/r/VirtualMiningCoin/
Topic: VIRTUAL MINING COIN [VMC] | OUR MINED 410 PAYCOINS [XPY] IS ARRIVED!!! - page 58. (Read 146071 times)
May 26, 2014, 11:51:14 PM
Is the coins4everyone VMC pool dead? Only one live pool now?
http://www.reddit.com/r/VirtualMiningCoin/
http://www.reddit.com/r/VirtualMiningCoin/
May 26, 2014, 06:41:13 PM
Any news?! Whats the multipool??
May 25, 2014, 02:30:16 AM
May 24, 2014, 05:34:43 PM
May 24, 2014, 01:13:31 PM
I suggest sell all the GHS and buy in on the next Sale of Futures which will be converted to normal GHS this May 25, 23:59
I think the OP knows too that BTC will hit a new Difficulty of 10624 M. So After 60 days how can we redeem our VMC coins? and what will be their value? in GHS?
Bitwarrior:
It is done already.
We have converted all our GHS to FHM. (It is "shipped" on 25th of May (tomorrow) as You've mentioned correctly)
Currently we have 1900 GHS, Tomorrow we will have 2026 GHS !!!
Asked about value of reedemable VMC value ?
It will be equal to current GHS / total amount of VMC
Currently it is :
1VMC = 1900GHS/100.000.000 VMC = 0.000019 GHS
Tomorrow it will raise to:
1VMC = 2026GHS/100.000.000 VMC = 0.00002026 GHS
At this moment VMC is 21days old !
In additional 39 days (on 60th day) You will be able to reedem ur VMCs at a much higher value... !
Thanks for answering my questions.
It seems that the value of 1 VMC is too low, with current market price converting that 0.00002026 GHS to BTC is only about 15 Satoshis, remember that on the IPO, each VMC was selling at 177 Satoshi each. I think the computation to get that value of each
VMC should be = 2026 GHS/ ( The Current Total Supply of VMC ),
thus giving each VMC a much precious value. Dont you think so? Thanks.
We promised, we will redeem every VMC in the future, this is why we use this calculation. Yes in the IPO was selling at 177 Satoshi, and now this is lower, but we have more GHS day after day.
May 24, 2014, 10:41:55 AM
I suggest sell all the GHS and buy in on the next Sale of Futures which will be converted to normal GHS this May 25, 23:59
I think the OP knows too that BTC will hit a new Difficulty of 10624 M. So After 60 days how can we redeem our VMC coins? and what will be their value? in GHS?
Bitwarrior:
It is done already.
We have converted all our GHS to FHM. (It is "shipped" on 25th of May (tomorrow) as You've mentioned correctly)
Currently we have 1900 GHS, Tomorrow we will have 2026 GHS !!!
Asked about value of reedemable VMC value ?
It will be equal to current GHS / total amount of VMC
Currently it is :
1VMC = 1900GHS/100.000.000 VMC = 0.000019 GHS
Tomorrow it will raise to:
1VMC = 2026GHS/100.000.000 VMC = 0.00002026 GHS
At this moment VMC is 21days old !
In additional 39 days (on 60th day) You will be able to reedem ur VMCs at a much higher value... !
Thanks for answering my questions.
It seems that the value of 1 VMC is too low, with current market price converting that 0.00002026 GHS to BTC is only about 15 Satoshis, remember that on the IPO, each VMC was selling at 177 Satoshi each. I think the computation to get that value of each
VMC should be = 2026 GHS/ ( The Current Total Supply of VMC ),
thus giving each VMC a much precious value. Dont you think so? Thanks.
May 24, 2014, 10:12:12 AM
I suggest sell all the GHS and buy in on the next Sale of Futures which will be converted to normal GHS this May 25, 23:59
I think the OP knows too that BTC will hit a new Difficulty of 10624 M. So After 60 days how can we redeem our VMC coins? and what will be their value? in GHS?
Bitwarrior:
It is done already.
We have converted all our GHS to FHM. (It is "shipped" on 25th of May (tomorrow) as You've mentioned correctly)
Currently we have 1900 GHS, Tomorrow we will have 2026 GHS !!!
Asked about value of reedemable VMC value ?
It will be equal to current GHS / total amount of VMC
Currently it is :
1VMC = 1900GHS/100.000.000 VMC = 0.000019 GHS
Tomorrow it will raise to:
1VMC = 2026GHS/100.000.000 VMC = 0.00002026 GHS
At this moment VMC is 21days old !
In additional 39 days (on 60th day) You will be able to reedem ur VMCs at a much higher value... !
May 24, 2014, 09:51:52 AM
Guy we really need get to CRYPTSY and COINWARZ!!
1 of our main goals is: To get into CoinWarz list !
Unfortunatley Coinwarz has conditions !
They require us to be on one of their favored exchanges, such as: Bitstamp, BTCe, Bter, Coinbase, CoinedUp, CoinEx, Coins-E, Crypto-Trade, Cryptsy, MintPal, Poloniex, and SwissCEX
You guys could help with voting on tgese sites.We are in the voting list on SwissCex already !!!
Vote: https://www.swisscex.com/voting
The more wotes we have, the faster we can get on those exchanges and this lead to be on COINWARZ as well !!!
still this same sh.t? i am happy that i left this coin with profit, i am the only 1 with no loses?
I think you will not happy after one month...
I hope you are right, unfortunately I suspect dannyvjp will be the one smiling.
I will ask AGAIN - how are you planning to use the cloud mining income to support the coin? At the moment there appears to be NO link between the two.
Simply building up the GH/s by itself will do nothing.
Dear Tertius993 !
and anyone who dont understand our method clearly.
As it was mentioned in our ANNOUNCEMENT: https://bitcointalksearch.org/topic/m.6601215
on our website: http://virtualminingcoin.org
in this article: http://cryptocoinchronicle.com/2014/05/virtual-mining-coin/
and on coindesk too: http://www.coindesk.com/things-alt-vertcoin-gets-hot-bitcoin-backed-coin-crypto-confession/
"Virtualminingcoin goes straight to the source, leveraging gigahashes (GH/s) purchased on the mining commodities exchange CEX.io to generate bitcoin that is subsequently used to buy virtualminingcoins."
So we will use GHS income to buy VMC on the Market, creating a consistent buy pressure for VMC, this will raise and stabilize the price !!!
When?
Soon...
We want to time this at the same time with our VMC Multipool launch.
Reason: GHS income is about 0.1 BTC/day, which is simply just not enough on the market for buying up
Unfortunately we are struggling with Multipool building.
We have hired some coder to create the Multipool and also autotrading system for it.
They've scheduled to finish it 2 weeks ago
Then in the next 2 days, then till last weeked, then till yesterday
Now they promised to finish it this weekend.
If no success till sunday, we will find someone else for the project...
May 24, 2014, 08:14:55 AM
Get this coin on Poloniex and trollbox will do its work.
They are legendary
https://poloniex.com/coinRequest
They are legendary
https://poloniex.com/coinRequest
Added (again)
"Your coin request has been recorded and will be reviewed by Poloniex staff. Thank you."
May 24, 2014, 07:47:29 AM
Markets
VMC/BTC
VMC/DOGE
Attention Miners: AUTO-SELL
Miners! We have an auto-sell feature so you can set your mining pool address to your order address at Coin-Swap. This will continue to add what you mine to a single order instead of having an order open for each deposit. You can change the price of your order without having to cancel and create a new order. Simply change the price!
Attention Pool operators: Easier order management
Want to offer your payouts in BTC? Want less headache managing your orders? Contact us for more information and special rates.
How to get started at Coin-Swap
Please read our Quick Start guide to help you get started!
Contact Us
If you have any problems or questions about setting up an order please feel free to contact us! coinswapnet at gmail.com or #coin-swap on Freenode.
Ian
May 24, 2014, 07:41:16 AM
Get this coin on Poloniex and trollbox will do its work.
They are legendary
https://poloniex.com/coinRequest
They are legendary
https://poloniex.com/coinRequest
May 24, 2014, 05:43:39 AM
Guy we really need get to CRYPTSY and COINWARZ!!
1 of our main goals is: To get into CoinWarz list !
Unfortunatley Coinwarz has conditions !
They require us to be on one of their favored exchanges, such as: Bitstamp, BTCe, Bter, Coinbase, CoinedUp, CoinEx, Coins-E, Crypto-Trade, Cryptsy, MintPal, Poloniex, and SwissCEX
You guys could help with voting on tgese sites.We are in the voting list on SwissCex already !!!
Vote: https://www.swisscex.com/voting
The more wotes we have, the faster we can get on those exchanges and this lead to be on COINWARZ as well !!!
still this same sh.t? i am happy that i left this coin with profit, i am the only 1 with no loses?
I think you will not happy after one month...
I hope you are right, unfortunately I suspect dannyvjp will be the one smiling.
I will ask AGAIN - how are you planning to use the cloud mining income to support the coin? At the moment there appears to be NO link between the two.
Simply building up the GH/s by itself will do nothing.
I suggest sell all the GHS and buy in on the next Sale of Futures which will be converted to normal GHS this May 25, 23:59
I think the OP knows too that BTC will hit a new Difficulty of 10624 M. So After 60 days how can we redeem our VMC coins? and what will be their value? in GHS?
May 24, 2014, 05:08:43 AM
May 24, 2014, 03:11:33 AM
Guy we really need get to CRYPTSY and COINWARZ!!
1 of our main goals is: To get into CoinWarz list !
Unfortunatley Coinwarz has conditions !
They require us to be on one of their favored exchanges, such as: Bitstamp, BTCe, Bter, Coinbase, CoinedUp, CoinEx, Coins-E, Crypto-Trade, Cryptsy, MintPal, Poloniex, and SwissCEX
You guys could help with voting on tgese sites.We are in the voting list on SwissCex already !!!
Vote: https://www.swisscex.com/voting
The more wotes we have, the faster we can get on those exchanges and this lead to be on COINWARZ as well !!!
still this same sh.t? i am happy that i left this coin with profit, i am the only 1 with no loses?
I think you will not happy after one month...
I hope you are right, unfortunately I suspect dannyvjp will be the one smiling.
I will ask AGAIN - how are you planning to use the cloud mining income to support the coin? At the moment there appears to be NO link between the two.
Simply building up the GH/s by itself will do nothing.
May 23, 2014, 06:35:41 PM
Guy we really need get to CRYPTSY and COINWARZ!!
1 of our main goals is: To get into CoinWarz list !
Unfortunatley Coinwarz has conditions !
They require us to be on one of their favored exchanges, such as: Bitstamp, BTCe, Bter, Coinbase, CoinedUp, CoinEx, Coins-E, Crypto-Trade, Cryptsy, MintPal, Poloniex, and SwissCEX
You guys could help with voting on tgese sites.We are in the voting list on SwissCex already !!!
Vote: https://www.swisscex.com/voting
The more wotes we have, the faster we can get on those exchanges and this lead to be on COINWARZ as well !!!
still this same sh.t? i am happy that i left this coin with profit, i am the only 1 with no loses?
I think you will not happy after one month...
May 23, 2014, 06:12:59 PM
Guy we really need get to CRYPTSY and COINWARZ!!
1 of our main goals is: To get into CoinWarz list !
Unfortunatley Coinwarz has conditions !
They require us to be on one of their favored exchanges, such as: Bitstamp, BTCe, Bter, Coinbase, CoinedUp, CoinEx, Coins-E, Crypto-Trade, Cryptsy, MintPal, Poloniex, and SwissCEX
You guys could help with voting on tgese sites.We are in the voting list on SwissCex already !!!
Vote: https://www.swisscex.com/voting
The more wotes we have, the faster we can get on those exchanges and this lead to be on COINWARZ as well !!!
still this same sh.t? i am happy that i left this coin with profit, i am the only 1 with no loses?
May 23, 2014, 05:48:11 PM
Guy we really need get to CRYPTSY and COINWARZ!!
1 of our main goals is: To get into CoinWarz list !
Unfortunatley Coinwarz has conditions !
They require us to be on one of their favored exchanges, such as: Bitstamp, BTCe, Bter, Coinbase, CoinedUp, CoinEx, Coins-E, Crypto-Trade, Cryptsy, MintPal, Poloniex, and SwissCEX
You guys could help with voting on tgese sites.We are in the voting list on SwissCex already !!!
Vote: https://www.swisscex.com/voting
The more wotes we have, the faster we can get on those exchanges and this lead to be on COINWARZ as well !!!
May 23, 2014, 04:38:54 AM
Glad devs are making progress everyday.
May 23, 2014, 04:34:52 AM
Why is the http://virtualminingcoin.org/index.html not showing a live update for the GHS held on CEX now?
Because we bought FHM on May 19 on a good price.
It will turned on real GHS on MAY 25 (two days), and we will have 2026 GHS then. It was the most profitable transaction that we can do I think.
May 23, 2014, 04:27:59 AM
Good luck with your coin-project!
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