Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] VeriCoin PoST Currency | [ANN][VRM] Verium PoWT Reserve
by
Sir loin
on 22/09/2016, 20:11:07 UTC
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 not...

duh!

That wiki article is wikitarded just like yourself, change your drugs my friend....you got a bad batch

Now you must be the veritard in chief of the thread, with a dual PhD on molecular and biophysics retardery magna cum laude

ahahaha

Are you gonna let me trash your shitcoins TARD945? Has no one here a pair of balls and enough arguments to defend shitcoin "the currency" and shitcoin "the reserve"? (sic)