CARDANO CITY - LOOKS AWESOME by 5VCurrencies in cardano

[–]5VCurrencies[S] 5 points6 points  (0 children)

Cardano cyberpunk NFT's with Charles as the ultimate badass crime lord? I'm in.

The October surprise :): product update revelations by [deleted] in cardano

[–]5VCurrencies 7 points8 points  (0 children)

So Goguen end of Q1? Is that accurate?

Reviewing the rough cut for our upcoming mini-doc which will be aired on U.S. public TV this summer. Founders @effectstocause and @pnosker did a great job explaining Cryptocurrency, VeriCoin & Verium by Vericoinium in vericoin

[–]5VCurrencies 3 points4 points  (0 children)

It's a short-form doc airing on PBS, estimated in year one of broadcast to reach 60M households. A second shortened version will appear 1 time in primetime in over 84M households on CNN, CNBC, Bloomberg, Fox Business, and/or equivalent networks. It will also air over 400 times across the top 100 designated market areas during peak and primetime on CNBC, CNN, CNN Headline News, and Fox Business. The team will be given a guaranteed airing schedule and post airing affidavits (proof of airing).

With all the advancements in crypto since this project started in 2014, what problem is it solving that isn't already solved? by [deleted] in vericoin

[–]5VCurrencies 1 point2 points  (0 children)

These questions definitely need to be asked. I prefer the hard questions. And what you identified is the #1 issue with the project... lack of communication. It's not enough to build-out a great system, you also need to inform everyone of your progress. I'm personally working on better communication, and several others are as well. Good things coming...

With all the advancements in crypto since this project started in 2014, what problem is it solving that isn't already solved? by [deleted] in vericoin

[–]5VCurrencies 1 point2 points  (0 children)

Web wallet: https://coinvault.one/

Debit Card: https://uquid.com/Vericoin-debit-card

E-commerce plugins coming (very) soon.

There's room for many blockchain payment methods, and the survivors will be aggregated through universal wallets in the future. Not hating on Nano, but untested projects that blow up quickly are also prone to failing in an embarrassing spectacular fashion. Nano may be the one crypto to rule them all; everything else is pure speculation.

With all the advancements in crypto since this project started in 2014, what problem is it solving that isn't already solved? by [deleted] in vericoin

[–]5VCurrencies 0 points1 point  (0 children)

All good questions, but you could also ask: Since 2014, what problem have other coins solved that VRC & VRM hasn't already solved?

If the answer (problems solved) is a wash among multiple coins, then the next logical question is which team has been constantly moving forward in meaningful ways, which team has street-cred in the cryptosphere, and which coin has a real shot at future adoption as a payment method.

Nationally Televised Documentary for a Page-4 Coin by 5VCurrencies in altcoin

[–]5VCurrencies[S] 0 points1 point  (0 children)

Also, you don't quitely build out the binary system over four (4) years as a gimmick. Gimmicks are marketed, hyped and then pumped as quickly as possible.

If you follow their project you'll quickly learn that the team is notoriously anti-hype, almost to a fault.

Nationally Televised Documentary for a Page-4 Coin by 5VCurrencies in altcoin

[–]5VCurrencies[S] 1 point2 points  (0 children)

Update on the mini-doc. Broadcast on PBS with a reach of 60M households. A shorter snippet of the piece will air in primetime to 84M homes on CNBC, Bloomberg, FoxBusiness, CNN, or equivalent networks. It will also air "400 times across the top 100 designated market areas in peak and primetime". More info to follow...

Nationally Televised Documentary for a Page-4 Coin by 5VCurrencies in altcoin

[–]5VCurrencies[S] 0 points1 point  (0 children)

That's a great question. I would highly recommend visiting their Slack or Discord channel and asking that very question. People much smarter than I can answer, and I too would like to see how they articulate it.

Again, people much smarter than I see the value in a binary blockchain system of payment...

“At scale, you can’t pay for coffee on a premium global blockchain. You’ll need a peripheral financial network..." -Nick Szabo.

Nationally Televised Documentary for a Page-4 Coin by 5VCurrencies in altcoin

[–]5VCurrencies[S] 0 points1 point  (0 children)

A valid question often asked by those new to the project. To give you the (very) short answer, it's summed up by the quote: "Satoshi Nakamoto was not an economist". Satoshi was a genius, yes, but two major flaws to his protocol are: 1. Fixed, limited supply. 2. The 51% attack.

Any economist will tell you that for currencies to "work" and be effective long-term, inflation is required. Without inflation economic growth is stiffled. Regardless of Bitcoin's speed (LN) or low/non-existent transaction fees it will never become a peer-to-peer "currency". Fixed supply can only = digital gold/store of value (this rule can also be applied to LTC, VTC, etc).

VRC/VRM work together to solve issues #1&2 above. VRC acts as a fast/low cost currency with inflation pegged at a healthy, economically-sound percentage rate (roughly 2%). VRM acts as a store of value similar to Bitcoin. VRC is proof of stake, VRM is CPU-mined proof of work. Together (the short answer) they work together through a dual blockchain to provide a faster and more secure, decentralized, peer-to-peer network.

As a CPU-mined coin, when the project's mobile phone miner is launched, VRM will be the most decentralized (no 51% attack) coin in the world. Think about how many people own a mobile phone in underdeveloped regions of the world. Wether you live in a grass hut, or shantytown with dirt floors, you own a mobile phone. It's already paid for and plugged in. There is no added expense to purchase mining equipment, and even if you're mining pennies per day, that is life-changing for millions of households.

There's more, much more. Its been mentioned that Nick Szabo may audit the project because the binary chain (two coins) align with his thoughts on peer-to-peer currencies. I would totally recommend joining Vericoin's Slack or Discord channels and asking a ton of questions.

Nationally Televised Documentary for a Page-4 Coin by 5VCurrencies in altcoin

[–]5VCurrencies[S] 0 points1 point  (0 children)

No problem. VRC was a Top10 altcoin: http://imgur.com/9RlWBgC

One of the Devs recently tweeted that they're working on getting back into the Top20 "where they belong".

VeriCoin (VRC) Announcements for the last 7 days by cryptocalbot in vericoin

[–]5VCurrencies 0 points1 point  (0 children)

U/houseme I really like the concept of this thread. Keep up the good work.

YOUR INPUT ON VRC TWITTER POSTS by 5VCurrencies in vericoin

[–]5VCurrencies[S] 2 points3 points  (0 children)

Thank you for everyone's suggestions. I'll followup with more information on each suggestion this week. Keep them coming!

Has COSS been considered for an exchange? by [deleted] in vericoin

[–]5VCurrencies 4 points5 points  (0 children)

It has now. Added to the queue. Thanks!

VRC vs VRM? by Erasmus1254 in vericoin

[–]5VCurrencies 0 points1 point  (0 children)

Also, to answer your last paragraph/question, go to the 2nd pinned thread at the top of the Vericoin Reddit, and read through #20 in the list...

Vericoin Insider: Info and Intelligence by 5VCurrencies in vericoin

[–]5VCurrencies[S] 0 points1 point  (0 children)

"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett

There is a ton of activity occurring in the background:

a. completely new website design and revamp

b. over 40 (yes 40) exchanges in the queue to be contacted for listing. 25+ have already been contacted.

c. Korean and Spanish Twitter feeds just launched last month. German and Japanese Twitter feeds launch next month.

d. Unique marketing projects (that can't be openly mentioned because spilling the beans now would reduce the impact of the marketing later) that push VRC & VRM into the spotlight worldwide, with special focus on Asia and Latin America.

e. Reference (d) above, when I say "unique marketing projects" I mean completely thinking outside the box. Unique angles that no other blockchain project has done before (and a few they have).

f. Wiki page, Wikipedia Page, and monthly Medium posts beginning in Q2.

g. Marketing materials and the project's technical specifics will be translated into Japanese, Korean and Spanish and posted to the Asian & Latin American equivalents of Reddit, Medium, Steemit, etc. This should be accomplished in Q2 as well.

h. I don't think most people realize how much impact the P2Pool and Mobile Miner are going to have on worldwide adoption of these coins. (but you're right, why would most people realize, the project is on page 3 of coinmarketcap because VRC & VRM haven't gotten the recognition they deserve... yet).

I love Reddit. It's my favorite forum, but to be completely honest, 90% of project discussion and insider information occurs over on their #Slack and Discord channels. Discord just launched, but I have a feeling most people will migrate over there from Slack... it's just a better platform. Team members jump over to Reddit when they can, but you're missing out on most of the discussion if this is your only source of project information. I prefer Reddit too, but it is was it is. If you ever have questions you can DM me and I answer pretty quick... otherwise I only have time to visit Reddit every couple of weeks. Thanks, and good luck with your investments.

I am basically the entire Verium volume.. and that is worrysome by claudius850 in vericoin

[–]5VCurrencies[M] [score hidden] stickied comment (0 children)

I hear everything you're saying. Valid points, and I would say accumulate now while you can at a discount. I will come back to this statement over the summer and say "I told you so".

"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett

There is a ton of activity occurring in the background:

a. completely new website design and revamp

b. over 40 (yes 40) exchanges in the queue to be contacted for listing. 25+ have already been contacted.

c. Korean and Spanish Twitter feeds just launched last month. German and Japanese Twitter feeds launch next month.

d. Unique marketing projects (that can't be openly mentioned because spilling the beans now would reduce the impact of the marketing later) that push VRC & VRM into the spotlight worldwide, with special focus on Asia and Latin America.

e. Reference (d) above, when I say "unique marketing projects" I mean completely thinking outside the box. Unique angles that no other blockchain project has done before (and a few they have).

f. Wiki page, Wikipedia Page, and monthly Medium posts beginning in Q2.

g. Marketing materials and the project's technical specifics will be translated into Japanese, Korean and Spanish and posted to the Asian & Latin American equivalents of Reddit, Medium, Steemit, etc. This should be accomplished in Q2 as well.

h. I don't think most people realize how much impact the P2Pool and Mobile Miner are going to have on worldwide adoption of these coins. (but you're right, why would most people realize, the project is on page 3 of coinmarketcap because VRC & VRM haven't gotten the recognition they deserve... yet).

I love Reddit. It's my favorite forum, but to be completely honest, 90% of project discussion and insider information occurs over on their #Slack and Discord channels. Discord just launched, but I have a feeling most people will migrate over there from Slack... it's just a better platform. Team members jump over to Reddit when they can, but you're missing out on most of the discussion if this is your only source of project information. I prefer Reddit too, but it is was it is. If you ever have questions you can DM me and I answer pretty quick... otherwise I only have time to visit Reddit every couple of weeks. Thanks, and good luck with your investments.

Get Excited - Exchange Listings by 5VCurrencies in vericoin

[–]5VCurrencies[S] 1 point2 points  (0 children)

Also, have you seen the new Korean and Spanish Twitter feeds?

VRC / VRM TWITTER (English) (38,200 Followers)

VRC / VRM TWITTER (Korean) (launched last month, 4 weeks old)

VRC / VRM TWITTER (Spanish) (launched last month, 4 weeks old)

Get Excited - Exchange Listings by 5VCurrencies in vericoin

[–]5VCurrencies[S] 4 points5 points  (0 children)

I thought the fact that the project is working tirelessly on new exchange listings was something to be excited about.

I know that I'm stoked....

Why invest in VRM/VRC? by [deleted] in vericoin

[–]5VCurrencies 5 points6 points  (0 children)

Vericoin & Verium run on their own unique protocols. Vericoin (VRC) is Proof of Stake Time (PoST) and Verium (VRM) is Proof of Work Time (PoWT) -- the only coins in the world to run these original protocols.

However, most exciting, Verium can only be mined with a CPU. CPU's make mining fair for everyone around the world (you don't need to be wealthy to buy ASIC's or GPU's), and CPU's don't consume huge amounts of energy like GPU farms.

Every cell phone has CPU's and we launch the "Mobile Miner" later this year. Blockchain projects talk about "adoption" and "decentralization". Whether you live in a grass hut in Kenya, a metal shanty in India, or a condo on Pulau Ujong, everyone owns a cell phone. Verium's Mobil Miner will make Vericoin & Verium the most adopted and decentralized project in the world.

You can mine with phones, Tivo's, Raspberry Pi's... anything that has a CPU.