I've not seen a bigger gimmick than veribit in all my years in crypto currency. How do you guys not see this? I feel like I'm taking crazy pills...
If it is such a gimmick, what coin do you see as having lasting value and not being gimmicky?
Any coin that offers truly innovative technology over the bitcoin platform is worth holding. Veribit holds no advantage over bitcoin, and in fact is subservient to bitcoin.
Verisend, if it becomes trustless and decentralized, would be one such example of an innovative feature. But they are WAY behind in the race compared to DRK and XC which are both rushing for finished (non-beta) products.
You can keep mentioning DRK and XC, and you could even talk about NXT and Monero for their innovative technologies (and there's more to that list)... but at the end of the day, crypto currency needs to be functional, easy to use, and fairly distributed. There are a ton of problems for every single crypto currency that can be talked about right now, and I hope you don't disagree, because that would be insane. None of these technologies are ready for mass adoption/usage, but we are working to get there!
VRC seems to be a solid coin with a solid dev team. I'm not saying sell, I'm just saying veribit is not that great, IMO. Ultimately, I can do the same thing with any other altcoin as I can do with veribit, which is trade for btc to make a purchase... Can I not?