Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS
by
altcoinUK
on 12/09/2014, 22:15:26 UTC
my apologies for mistaking 1.3 mil being given to Mr JL... I was going off of kevandos vrcradio info from previous recording but this deal has been changed so many times by so many different ppl that it has been hard to keep track.

Allow me to state more clearly and please do correct me if I am wrong but 2.6 million vrc will be given to "supernet" as assets "controlled" by the vrc community of which a certain percentage will go to James' personal wallet once the price hits 50k for a day and another percentage payment to JL once prices hits 100k for a day.

and James yes, it does when you have the intentions of using vrc as the entry and exit point of fiat to a system or network used for illicit and non compliant/prohibited transactions.

I suggest that the devs get with a top level NY financial legal consultant preferably one already familiar with digital currencies, the banking industry, and potential liabilities and discuss all possible scenarios to minimize exposure. Although this will not be a cheap venture as anyone decent will cost an average price of $1000+ an hr (our last qtr. rate was 1250 per hr) it would pay off in the long run for vrc and its public devs.


and yes barabbas the price is up 60% since james' involvement but 60% is nothing in this world of crypto...


you also did not see me running around shouting about the lupin effect when vrc went up by 10000% or how it is still 2000% above the price at the time of our entrance to the market which was 500-700 vrc.


and yes lootz I feel the same way... but that will not stop him from doing as he pleases to make examples of people.


What are you saying, are you holding vericoin, selling it or buying? Are you still supporting the operation or moving out from the coin?