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    Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1356193 times)
    Xosihc
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    July 23, 2014, 06:47:46 PM
     #10841

    Every time before we where at a technical make or break point, we would get news about something "soon". Any chance to make healthy corrections where lost during the pumps. Now I think the day traders realize this won't go up 100% a day everyday and they are panic'd.

    F'kin idiots.

    Meanwhile, Everyone runs around like a chicken with their head cut off, No leadership, sigh.

    Lost 1/3 our value in a day. Anytime I tried to get things on track, nothing. Nobody is near NYC that can try to make an effort to go outside and drop a paper wallet in a few iconic locations and create a game and some buzz about vericoin? Honestly, where is the coordination, the "team" is 3 people and a loosely affiliated gang of helpers is madness. Where do people go to solve issues, and create things for VRC?

    I want to help create something big here but the more I think about it. Current money flow is showing that people are giving up on vericoin in masses in the last day alone? How are we going to create anything, bring in any support and create products for vericoin if nobody knows cares about it?


    I am so frustrated its hard to put into words. We can do better, but the more I think about it. Maybe its time to move on if nobody else gets it, or cares to make it better. I am sure someone will chime in and say this or that, but the fact of the matter is the products aren't wowing people enough. The words and hype created was bigger than any feature we released, and this is sad. Simply having a vision to be mainstream doesn't look like its going to be enough.

    I have had a awesome idea that I think Vericoin would be perfect to implement but unfortunately haven't had the time to begin. If you look back at my chat history it was probably March maybe Feb where I was on the old Takeicoin chat room (haha poor Takeicoin) where a group of friends and I were looking to team-up with a coin project to integrate a new non-profit organization dedicated to integrating crypto currencies into the charity world.

    We were dead serious about making this happen, I had a team of 5 people - three of us here in Minneapolis, 1 in Cali and 1 in China that were all on board with making the project work. Unfortunately we got tied up with 1 critical issue; easily process whatever the altcoin was (at the time we decided to try to partner with Takeicoin) into bitcoin. See from a legal standpoint if someone wanted to make a donation to a charity and say they use <insert altcoin name here> somebody would have to instantly convert that coin into bitcoin so we could tie it into bitpay so the charity actually received USD. We talked to a variety of charities that were totally on board with the project under the condition they receive the donation is USD.

    The thought was:
    1. Person send altcoin
    2. Altcoin converted instantly to bitcoin
    3. Bitcoin converted to USD (bitpay.com)
    4. Huh??
    5. Profit

    As I've said before the problem we faced was step #2. Converting altcoin into bitcoin instantly. Well that's 100% why I decided to put my money behind VRC because when I saw a dev team actually accomplished this feat I thought to myself "man someone finally did it".

    Truth is now, thanks to Veribit we would be able to actually launch the project. Problem is now, I left my job 2 months ago to start my own company and now don't have the time to take on a whole extra project. There is still the issue of scalability because if I wanted to donated $10,000 to a charity and use Veribit I don't believe it has the ability to scale to that degree.

    If you tie in the use of bitcoin ATM we had this theory that now somebody could in theory be standing at a mall, insert $1 into the machine, send it to a charity anywhere in the world instantly - and that charity would receive that payment the next day, in full (minus small transaction fees) in USD.

    Anyway, just some food for thought. Perhaps this fall/winter will be a good time to kick start this idea again but the point I'm trying to say is that there are ways to use this coin for amazing things. We just need to start thinking outside the box.  
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