Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS
by
es87
on 14/07/2014, 00:40:20 UTC
All I have to say at this point, is that I will enjoy watching the VRC price fall.

Big fail by the VRC community and dev team pushing thru a blockchain revert like this.  You have rewarded mintpal for stupidity and incompetence, and rewarded ill-advised investors that kept coins on an insecure exchange. This kind of rollback won't always be an option - period... If VRC survives to see any kind of decent transaction volume, an action like this would be devastating to the entire economy.  Instead of showing that the coin and community can survive something like this, you have clearly shown that it CANNOT survive such an attack without a rollback.  Therefore, it's my opinion that you have proven this coin cannot survive in the long run.

It could have same result in the end on vericoin, drawing in a larger community. Any awareness that creates new investors will be a benefit.
I can the headlines now:
VERICOIN rolls back numerous transactions - merchants, private traders, etc all screwed.  MintPal comes out ahead.


Do you even realize what the other options were???

You are so stupid you don't even deserve the opportunity to own a computer.