Quote from: Sir loin on September 22, 2016, 12:17:27 PM

Is there here anyone kind enough to explain what was the point of VRM? Does the market need yet another 3 BTC a day volume shitcoin?

I have read here a lot of monetary buzzwords and BS about how mining brings value to VRM "reserve" per se, but what is the real value of VRM?

The morons and cheerleaders who keep fantasizing and parroting "VRM will have demand because mining increases perceived value thanks to electricity costs" have yet to read bitcoin myths' wiki article

https://en.bitcoin.it/wiki/Myths#The_value_of_bitcoins_are_based_on_how_much_electricity_and_computing_power_it_takes_to_mine_them

The mining rate of bitcoin follows price, not the other way around... amazing PhD shitcoin devs can be so ignorant on how the currency they are trying to emulate and improve (Bitcoin) works and unscientific on their approach to improve it...

The market will pay NOT more for a turd from Easter Island than for one from Philly because we gotta fly 36 hours by plane and back to get it, there is no demand for turds my dear tards, difficult to "mine" or otherwise...

duh!

scary, change drugs