Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS
by
buy4crypto
on 01/08/2014, 11:21:40 UTC
Ok, but the News of today are old tomorrow. The pumps happen short before or after the News are published. In three days These guys can take away their sell walls and nothing happens. It's really VRC specific. People see those sell walls and stay out. I'm getting crazy about that

This is why I mentioned days ago it feels like someone has this coin by the balls. Was a bot working a "777" amount on several exchanges. Arbitraging a coin that generally is 5% + margin is pretty easy money for the person creating arbitrage. Meanwhile that profit comes out of VRC shareholders on the daily.

I just hope that the "soon" shit stops and we get, "Here is what we promised" more often. It sucks being rushed, and so did the quality of our offering's when done in such a way.


You know how hard it was to look my friend in the eye and tell him that the "Fiat in wallet" was the feature he was waiting for. I pumped that up to him so hard, because I trully believed it was going to change the game. A link to a website, the same links we had for forums, ect... It's very depressing to think about this and how everything played out. A month late for a simple link. Yet everyone was on twitter, and all over saying how it was the best thing ever. I convinced a friend to buy into VRC because he liked the idea so much. After he saw everything come out, he wanted out at any cost.

I think VRC is great, with the right team, and ideas. Execution is the problem with VRC and how it does business. This will be an interesting case study. Lack of execution that has been haunting VRC for about a month now. To see more "coming soons" is such a turn off for me. I can name several current projects off hand IMO that have more relevance to current investors than pumping the next "its coming soon" release.

I'd like for our team to say the plan, and make it great from start to finish before announcing more things that will release "soon". Starting / stopping / promising the next thing without completing the current task looks terrible. It looks like momentum is more important than fundamentals sometimes, and that is no bueno.