text: hahaha do you guys remember a few weeks ago when vericoin was in the 500-700 sat range. yes thats right 5-7 HUNDRED not thousand. And everyone was worrying and I came on here I was like wtf this coin is a good coin you guys are all crazy haha. read from pages 65-75 you will see what I was saying.
  I sold them all, didn't keep any, i got them all out around 20k, but don't worry, I promise I won't FUD. I definitely regret selling, but whatever I made a lot of money, I guess that's what everyone wants right? I guess I can only be SO angry at myself.
  Anyway, to those of you that still hold, and to those who bought in recently, best of luck to you!! This is a solid coin with lots of potential. All I want to do is warn you guys about wizfarm. He was involved in the bc debacle, and the cinni debacle...and I think we all realize the reason why bc and cinni price won't rise is because of the unfair distribution. To those of you who question wizfarms "deep pockets" and where he gets all that money from, bc and cinni are your answer. So I stay away from anything wizfarm is involved in and I wouldn't touch him with a 3987657 foot pole haha.
  I've seen Wiz's wallet. He has less than I do, and all the developers combined hold less than 5% because of the rapid hashrate increases thanks to IPO miner. I wish I mined more... rented over 100 MH/s but didn't make me super hyper rich.
  Anyway, there is no chance Wiz will dump this coin. The fact that he has devs he can speak to and know who they are seems to have changed his intentions. After all, who writes a 5 figure check for a months-long project to help the coin when they are going to dump it.
  When I first read this I was thinking "Buying Vericoin with credit cards via wallet." and I was But you mean the former instead of the latter.
  Can someone clear something up for me. A lot of people are saying that VeriSend and VeriBit are centralized which obviously is a bad thing, others are saying it will be decentralized with the wallet integration. Question is, will it actually be decentralized, or will it rely on a central location for action? Explain it to me please.
  VeriSend will become decentralized as more people setup ring nodes to process the VeriSend transactions, anyone can setup a ring node.
  How do you set one up. I am assuming one more and more people do that, the node you setup becomes open to the network and starts processing other orders?
  I believe instruction are on Vericoin.info and if not then I will see about getting them posted up there
  We are not finished open sourcing the software yet (no comments in the code, not particularly easy to setup, etc.). We are working on it and will share the details when it's done.
  Besides the issues of the ability/knowledge needed to code and set up a ringnode there has to be a reservoir of coins in each of the wallets in the ring to "MIX" with the coins coming in to be anonomized before they r sent along to their destination.
  These coins were donated by the VRC community in the early going so the Dev's could get on with: well "Development". ( The dev's contributed 25k of the amount. Another sign of their commitment to the community and being part of it even when it costs them personally)
  In his request for coins to fund the ring node so work could continue. Pnosker clearly stated that these coins would be in the ring node for "Eternity", like in forever. My twisted mentality found the use of this term romantic, solidifying, and emblematic of the honesty the Dev's of this coin have exhibited from the start.
  A goodly number of coins R needed @ all times to insure a true mix. More mixing takes time (slows things down), fewer coins means more mixing for corresponding level of anonymity.
  The coins in the ring node wallets R removed from the VRC population forever, increasing the value of available VRC because they R now more rare.
  Can the coins of the ring node be "Locked IN" to prevent the builder from removing them surreptitiously? ( I'm not concerned about the Dev's doing this)
  Can a ringnode be dismantled and the coins salvaged if the creators R unable to get it up and running?
  And... is all the diligence needed to attend to these issues worth the time of our talented but finite team of Dev's
  I certainly remember that. I spent 3 BTC while it was below 520 sats and another 0.5 below 600 sats. At the time, I was wondering how in the hell the coin was staying under the radar. I dragged a few friends into the coin at that time and we've been riding the waves since.
  After all this isnt a two week project, Veri may stay forever. I would not worry that Wiz may dump his coins, he wants to be part of something big, he will introduce the coin to people who dont know much about crypto, maybe they will buy some maybe not.
  You're bubble has popped. Big large red volume bars are taking over. The pump is over, dump commenced. No I have no interest in buying your coin for cheap.
  1. Lots of people have multiple wallets. I have 3 bc wallets and if someone asked me how many bc I hold and I wanted them to think I only had a little bit, (my girlfriend, for example) I would show them my bc wallet which has 2467 coins in it, not the one that has 22,151, or the one with 37,845. You get my point?
  2. Noone spends that amount of time and money in a coin when they are not heavily invested in it. This isn't a charity brother, and everyone here is looking for profit, including me, including yourself. Thats it. In order for you to make money, someone has to be losing money. Think about it.
  3. Don't trust anyone on the internet, especially if they are from Miami. Lol I am not speaking out of turn when I tell you DON'T TRUST PEOPLE FROM MIAMI. I know it sounds stupid but believe me, Miami is a place that perpetuates a dog eat dog culture of "IMA get mine", trust me, I used to live there. People from Miami are like car salesman, they are great at telling people what they wanna hear. The phrase "Miami, a sunny place for shady people" could not explain it better.
  I got a few domains I cannot use yet due to law in my country. If someone has the time and wants to work on them maybe we could work a deal?
  1. Lots of people have multiple wallets. I have 3 bc wallets and if someone asked me how many bc I hold and I wanted them to think I only had a little bit, I would show them my bc wallet which has 2467 coins in it, not the one that has 22,151, or the one with 37,845. You get my point?
  I've been in Crypto since Satoshi posted his whitepaper. Thanks for the lesson, though. You can believe what you want but he has no reason to lie to me. I'm not giving anything to him. He doesn't have control over the coin. Maybe he did with BC with an essentially inactive developer. But the 2 other devs and I are running the show. We aren't doing anything special for Mr. Bosch. He's just being a friendly investor because he legitimately believes in the coin.
  So how is he going to get his money back plus some profit? And that is not counting what he is going to have to spend in the party, which is several times that 50 figure amount? Perhaps there's some investment on the side via Black Hand? Of he is just a good samaritan throwing money to promote Vericoin with no possibility whatsoever to ever make any money even if Vericoin goes to 400k sat. Or even 4 MILLION sat? Is that what "he legitimately believes in the coin" means?
  So altogether you, the 3 devs, have around 1 million coins and you haven't dumped any, is that what you are saying?
  1. "essentially inactive developer" - right there that showed me you don't know what you are talking about. Check RAT4's github account you will see over 3000 commits for bc, most coins get 20-50.
  2. If you have been in crypto that long you should know how possible (and likely) it is that someone may show just one of their wallets.
  3. "I'm not giving anything to him" Of course not. But You bought vericoin, and IF he has a lot of control over the coin, you are technically, inadvertently, giving him your btc. note that I said IF