market depth is dire, mmm just cant work out whats happening
Well interestingly I don't see much buying so the veripool must be waiting to buy with funds? Which is a little strange because I would think the pool operators would buy if they knew something huge ( super secret ) was coming.
Then again I don't understand how the veripool works or have never used it so what I said above is just a complete guess. I could be 100% wrong.
Sure someone will say hey it is based on a trading algorithm or something... but who knows...
- Edit but then again 1% of the veripool is for the verifund ( from my understanding ) so that might now be a lot of firepower at all.
The hashrate on the VeriPool is enough for a few fractions of BTC buys per day unfortunately. It's just not much so it can't do much to the price right now.
We're going to keep focusing on what we think is important: Utility, ease-of-use, and mass adoption. That's what we have built and that's what we are continuing to work on.
Thanks for confirming, that was my point: there are many disappointed investors and community members, because they assumed your academic training come with less stubbornness, more flexibility and adaptability, and you are willing to react when your theme is not accepted by the market. Your theme is not good. It failed. The market don't like your theme and direction, that's why your coin is 9.5k as we speak and your volume is 7 BTC in Bittrex. The market has spoken, but you are not listening. I guess that's the arrogance of youth that Barrabas has pointed out. This community including me had been asking for weeks please consider blockchain 2 development, you just simply ignore it. I fully understand the implication of the undertaking such a massive development task - on the other hand as we can see 1-2 developers of other coins can role out blockchain 2 features. Many investors/community members hoped you are capable to pull out such development, it seems you are not, and therefore there are disappointed investors/community members - more importantly, there are no new investors.
To be frank, they aren't the same kind of coin by any stretch of the imagination. VIA/Ether/etc. started after the BTC developers requested 2.0 activities not be used on the chain as it was bloating it. VeriCoin is becoming a currency that is easy to use for everyone with utility. We are working on different types of things than VIA/ETHER/etc.
Technically speaking this is not true. I had a chat about it with some BTC developers on the other day. I heard again what they always say, actually they would be happy to see sensible blockchain 2 features e.g smart contracts on the BTC blockchain. All they did, as you know reduced the OP_RETURN output to 40 bytes to make the whole thing a bit sensible and avoid to implement dropbox type of apps on the blockchain. As I can see you do have OP_RETURN output on your source so nothing stopping you to implement blockchain 2 features. You are just not interested in that, you are working on same lame user name feature (which has nothing to dowith blockchain 2) and you are working on your mass worldwide adoption theme.
David is working on some 2.0 features, but we think having the world using VeriCoin will be much more valuable than a few people using smart contracts now. We're also still working with a decentralized exchange/smart contracts system.
40 bytes is not very large... we could tweak it with a mandatory update, but blockchain bloat is a serious issue. By the way, blockchain 2.0 does include usernames.
Sorry you don't like the whole mass adoption theme. That was something we stated as a theme (and we aren't going to quit our goals there) from the get-go. And that's also why our first features were VeriSMS and VeriBit. Because they make things easier for others.
We don't want VeriCoin to be an "altcoin" but rather VeriCoin-- a coin people don't relate to altcoins because it's bigger than that.