is this coin will die or go on?

Guys, just remember that the NewYork regulations might apply to more states with their copy/pasting. So if Doug wrote that he has an idea for making a better anon solution, then that should be included aswell and not tossed out the window.

I think anon is all the rage right now because the crypto community has this gut feeling that the regulations against crypto will be getting more strict with time, and they might be right.

But I love the VeriFied idea aswell.

This guy gets it.

+1

to all of you just joining the convo Monkeys had a very good VERIfication idea and effects has even stated that they (the Devs) are working on addressing BOTH ends of the spectrum in other words an optional Verification method and an optional Anon method, I thinks Monkeys Idea needs a bit of possible refinement and we also need to figure a way to viably and quickly implement the referral idea as well  

Uhm, no, anon is popular because crypto will never be used legally in any reasonable way. The big governments of the world are cracking down on it. Some will ban it outright (Russia, China), others will regulate it more and more until it's not viable as a currency anymore (New York). This is reality as we see it today.




That's because the hoarders feel that it will go up in value. And if that's the case with Vericoin (which we all hope), then it will be hoarded aswell.

Here is a referral program crypto. I doubt you can gain anything from it, as it is horribly run, but others are doing this idea with referrals.

The coin is called Latium if anyone is trying to see how other cryptos do referral.

Just registered here as just being a lurker is no fun and frustrating as hell reading so much crap. I really think Vericoin has potential but we need to get our shit together and start having intelligent discussions around the future of the coin. The Devs can only do so much!

Monkeys your idea of the referral could be game changing. If a percentage of coins made through staking were used as part of a referral scheme we would see much faster growth. This feature could be hard coded in!! People are lazy but if they have an incentive then their attitude changes. Referral schemes have shown to be a successful marketing strategy for thousands of companies, we need to do this. The Verifund in theory is a great idea but in practice is useless. It relies on peoples generosity to fund new projects. Your probably thinking then why shouldn't we send a percentage of the coins to the verifund. To answer this I would say that at this stage it is more important to get an influx of new users and with it growth. The incentive for people to start developing projects is the fact the user base is growing, the coin price is increasing.

Remember all this venture capital money going into Bitcoin is investing in Crypto, NOT Bitcoin. If we aim for massive user growth and achieve this then these companies will start turning their heads. In my humble opinion the referral scheme goes some way in doing this.

Yes!! This guy gets it too =D

More intelligent conversation, and let's get this referral program hard coded , and let's get this VeriFication program happening!

Also, let's cut the nonsense on this forum and be dedicated to putting forward only constructive , intelligent and positive discussion!

I got in to crypto because I thought it would be fun to talk nerdy with intelligent like minded people, so far I've been disappointed, until now!

Keep it coming guys =)

A word from the devs would be GREAT also ;-)

If we have learned anything, please don't pressure the developers to come out and say "We are going to do this soon"

We are going to be right back in the same place with WizRIG 2.0


PLEASE DO NOT tell everyone what you are doing, outline a vision, that is great. competition can only gain from our improper planning and execution. Its all great to discuss ideas and give the team something to help the vision.. But please, please please, DO NOT repeat past mistakes!


The developers are learning, they may have aided pump and dump groups with the last campaign for awareness by telegraphing the plans so much. As you can see it created a temporary price spike, which in the end did nothing positive but to de-stabalize our currency and create a bad image for many investors.


The last things the developers should do is create large price swings up down based on promises. As you can see promises can lead to let downs. And in crypto things can be forgotten, and some things can never be forgotten. I will never forget Wizrig and the trouble his pump and dump caused for many investors. If they show a effort to change, grow, and distance itself from pumpers scammers like wizrig then I will feel much more confident. This is something that they can prove, by not catering to the pumpers and dumpers anymore. That time has long come and gone, we got burned, and hopefully lessons learned.


If they continue to let pump and dump groups control vericoin by announcing plans.. Well then you will have Wizrig, Crindon and the rest who will front load, promise the world, and then dissapear with grace. Why so graceful? Well more than likely we put 10s, if not hundreds of thousands in there pockets from this planned pump that started in June. Meanwhile, lil joe, sue, and mom n pops all over the world lost 20 bucks, a few hundred, a couple thousand. All to make the pumpers profit.. Think about it. This coin has a bright future, stop letting it be controlled by people playing games.

Just look at the manipulation on VRC, you can see the same bot on trex cryptsy doing "777" buys and sells. They are just arbitraging the shit out of it by creating large swings in price, and have been for a long time. This person just skims btc off VRC constantly, with no loss since they are spread across exchanges making only profitable buys sells. That creates a constant sell pressure. Small players are not making bots on multiple exchanges with that kind of purse behind it. Someone is got this coin by the balls right now, and we need separation.

Let's take control back of VRC, no more catering to PnD's PLEASE!

Yes I've seem this Latium coin. It is entirely based up referrals, which is ridiculous.. You can't have an entire coin based on referrals, that's just silly. But implementing a referral program in to an otherwise well thought out and already well distributed POS coin like Vericoin, and you have a winner!

Also, any plans to implement POSV? I like the idea of this algorithm as it promotes and rewards both staking AND transactions.

The referral program is better though, and of course, the key to it all VERIFICATION.