Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] Binary-Chain - VeriCoin and Verium - The First Dual-Blockchain Protocol
by
cyberspacemonkey
on 10/06/2018, 06:02:14 UTC
Quote from: boieemassab on June 05, 2018, 03:53:09 PM
Quote from: Victorio on May 17, 2018, 10:54:53 AM
Quote from: ATSgrowth on May 17, 2018, 10:44:53 AM
I bought VeriCoin for 2$, now staking, but I have a lost of money by investing into Vericoin Sad
by investing gambling

Wait for the next wave of greater fools. I thought PoW coins would be relatively stable from a price perspective compared to PoS coins or premined tokens, as miners incur real costs to generate new coins. Well, most of PoW coins are still in the lengthy period of high inflation.
High inflation+fading gambling interest+low liquidity on Bittrex=you already feel the consequences.
Yes I bet on VRC 6 weeks ago and it is only down 34% (to btc) for that period. What is much more disturbing is when looking at the history chart for the past 12 months, there are 5 instances of pump and dumps and 0 periods of sustained growth.

You're right, and looking at the roadmap it has not had an update since November of last year I wonder what the status of development is, is it still ongoing?