Search content
Sort by

Showing 20 of 31 results by regnar75
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 07/07/2017, 11:36:41 UTC

we're going to be running an ad campaign with coinmarketcap (depending on how much we raise)

if anyone would like to contribute, you can use either of these addresses:

btc: 142r3vCAH3AzABiQjFPmcrSCp6TDzEDuB1

xvg: DDd1pVWr8PPAw1z7DRwoUW6maWh5SsnCcp

You got it, send some tonight!
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 06/07/2017, 20:06:17 UTC
Is XVG a Pos? Can you Stake it with the XVG Wallet?

Nope. PoW
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 06/07/2017, 12:34:21 UTC
Listing on poloniex might result in some pump action short term, but it doesn't make the real value of the project and long term price prediction any different. People act like the goal of every project is to get on as many exchanges as possible, bittrex is perfectly fine to trade on.

Agreed. Though we should be actively trying to decrease barriers to entry obviously, not in a "we want pumps!" Way but in a logical way to open up verge to be accessible to new demands (shifting demand curve itself). This includes being listed on more exchanges, shapeshift, popular multicoin wallets like Exodus and Jaxx, merchant adoption (clear and black markets), and of course continuing progress (which Devs are doing a fantastic job) as well as just overall getting the word out via Twitter, forums, other slack channels, word of mouth (just got another friend invested yesterday, he's very happy to see 25% overnight haha)
I think this falls on US the users. I hit up shapeshift and poloniex often to add verge. With shapeshift we can get multicoin wallets that use integrated Shapeshift (they won't add coins not supported) in order to try and support verge. We are essentiallya free marketing team, our payment is determined by the success of Verge.

Great analysis btw

Edit: not sure how new coins are supported on Ledger Nano S but that would be great too, I know Komodo has a developer version available that isn't seen unless you tweak the settings in ledger. Not sure if we need to contact ledger or if it's an open development option?
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 06/07/2017, 10:58:44 UTC
Hi Dev,

Long time reader, first time poster!

I'd firstly like to say thanks for having the vision to create a coin such as Verge. It has a great feature set and looking at the road map it's only going from strength to strength. Compared to it's rivals it certainly seems to be able to punch above its weight and will hopefully find it's place among the better altcoins out there (maybe even become a coin in it's own right instead of an alt, who knows). So thanks for your hard work!

I have a couple of questions that I was hoping you might be able to take the time to answer for me...

1. It seems as though you are a bit of a one man band when it comes to developing Verge. Is that the case? Or are there other Devs that just don't get let out of the dev dungeon long enough to be able to post here? I guess if you are on your own there are good and bad sides to that. Good in that you can take the coin where you want it to go, no need to have arguments about what direction to take! Bad in that you have to do all the work, there's no one to hand jobs off to so your life can be a bit easier. Also if you become ill or something happens to you (God forbid) then the coin may grind to a halt. I guess it would be nice to have someone to share the glory with?

2. Regarding RSK smart contracts... The road map says July based on Bitcoin testing. Can you elaborate on that a bit? As in is it a technical limitation that you need to have the smart contracts enabled on BTC before you can then add them to Verge? Or is it more of a time constraint that RSK are busy testing with BTC atm, and once they are done with that, they can then help you with your implementation of smart contracts into Verge?

3. Do you have an end goal for Verge? Where do you see it in 5 years time? At what stage would you think that you could stand back and say "I have achieved what I wanted to when I started out with Verge"? I realise that these questions may be harder to answer than the first few, but all the same I'd like to know so I thought I would ask!

Thanks in advance for any answers you may want to share, I know your time is busy. And thanks again for your hard work, I'm sure you wouldn't get told that enough so feel free to give yourself a pat on the back!

Cheers,

Fuz.

sure, here's some answers:

1. you can check out github, we have ALOT of resources, not just the core wallet. we have about 30+ developers that work on various verge resources ie. raspberry pi wallet, electrum, website, core wallet, etc. (and it seems to be growing every day, which is really great to see!)

2. RSK (rootstock) is building the same smart contract platform they did for ethereum (pretty much the only thing that makes ethereum special) for bitcoin. once the process is complete for bitcoin, we'll be implementing them for verge. that's why it revolves around their timeline. some of us have been playing with the bitcoin testnet though =]

3. end goal? no. the goal is to keep growing the number of people working on it, as well as keep evolving verge and it's resources to meet a high privacy standard, while maintaining a public ledger. right now, most coins broadcast user ip across the network so it's easy to link users to transactions. a users ip address can reveal their physical location, as well as give someone with basic network knowledge, a way into their computer (via portscanning). i don't think i'll every be truly satisfied with verge to say i'm done, only because privacy applications continue to update and evolve as well. so the plan is to evolve and update with that.

thanks for the support, and any time you have questions you're more than welcome to ask =]
Thanks for the quick response, I appreciate it!

Just to clarify on RSK... Verge is built on the same base code as bitcoin (is that correct?), therefore once the smart contracts are built for bitcoin you will be able to get that code and hopefully fairly easily integrate it into Verge? Is that what you mean? Sorry if I sound like a noob, but while I am indeed interested in this I have no idea whats involved in the coding of a coin!

I assume that you would have a big sense of pride in what you are achieving here with Verge? Especially seeing that once RSK is implemented you will have something quite unique in crypto... a coin that has anonymous smart contracts with a public ledger? Also, do you see any other coin that may be able to steal some of your thunder which you see as your 'main' competition? Do you know where they live so we can send a team to go trash their curtains? (That's a joke btw, I don't see any point in trashing their curtains!)

Thanks again for the response, it's nice to be able to contact a dev easily and quickly and also have the dev approachable and willing to talk about whats going on Smiley

lol if other people adopt smart contracts thats fine. our next release, the tor and i2p android wallets, wont be released as open source, however i will show people how they can verify the wallet is running -only- on tor, and how to verify there are no hidden fees as well. also it has some very fancy bells and whistles that will be discussed upon release.

and no problem, verge is everyone. if it was just me, there would be no point to it ;]

The RSK contracts being tested on bitcoin, is that RSK attempting to pitch a soft fork to bitcoin or is it it's own token in a sense? I ask because RSK coins and Wallets exist already (pretty sure jaxx has RSK support in beta) but didn't know if it was a pegged token to bitcoin or a soft fork, and this would be a straight up soft fork/implementation into Verge right? Not a pegged token?
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 04/07/2017, 12:34:27 UTC
Instead of cutting the supply there might be maybe a way to cut it artificially temporaryly.
Maybe there could be a way to make ones coins unspendable for a specific time (maybe a year). And somewhere should be listed how many coins are unspendable and how long. This would build more trust into the coin and fear of whales smashing the price could be reduced.
But I have no idea why someone would make his coins unspendable, other than preventing himself from selling too early in a panic. Maybe there might be some way to stabilise the system with those coins or something.

I know this might be a stupid and pointless suggestion but its not as stupid as suggesting to cut the supply. That would smash trust in a second.
I can't see how this would accomplish anything, either.

Also not all the coins are mined yet, so that would be the only amount that verge could touch, tho they won't and shouldn't. Verge is distributed widely with no consolidated holders, meaning a dev-run freeze account doesn't exist and wont. Better to avoid monetary policy all together and let the markets work. What your suggesting is moving checkingu accounts into savings (m1 to m2) and saying look at m1's supply. In monetary policy it's an accounting trick, nothing more.
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 04/07/2017, 04:41:34 UTC
Why is everyone complaining about the supply?

Honestly, most people cant think in thousandths of a bitcoin . .  like wtf does Starbucks Frappuccino price = .00002397564 BTC mean to a goddam Barbie Doll anyway?Huh *NOTHING*

Starbucks Frappucino price = 5 Verge Coins sounds a lot better Wink

I tend to agree with you on this one, though pretty sure there is no such thing as a bitcoin (to the network) Huh, just satoshis. it'd be like 239,000 sats or 150 sats, a million satoshi blah blah. but anyway maybe when bitcoin becomes too expensive that new alt coins can't be listed in it because 1 sat is too high of a starting price we can use verge Wink i mean even verge was 5 sats like 4 months ago.
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 03/07/2017, 18:29:28 UTC
https://steemit.com/cryptocurrency/@tobeingawhale/verge-price-prediction


Very bullish prediction for Verge, well see, I estimated 500 sats in the next month or two. We definitely need to see a longer road map in order to make predictions further out than that I'd think. Keep up the good work dev
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 03/07/2017, 12:43:46 UTC
any chance the supply will get a cut in the future, i think what is holding back this wonderful coin, is the immense supply, if it can be reduced to million instead of billion would be better imho, i know it require a hard fork but its worth the risk


This gets brought up a lot but I think we need to realize that the crypto market is still VERY young and small ($100B) and while million cap coins make sense for what the market is handling right now (most coins <$1B cap) in order to scale with a growing market cap and still have ability for microtransactions, billion cap coins will be the new norm (especially if you look at how quickly crypto can and most likely will grow in the coming year). lets get smart contracts into Verge and we can build apps and other coins using XVG which will end up growing Verge even larger and faster than just people buying and using it as simply a currency.

IMO, divisibility always needs to be considered. It is divisibility that makes a currency not need to have a huge supply.

Oh definitely. I wouldn't be in crypto if I didn't believe that, and I will concede the billion cap coins are difficult to wrap our heads around when if we were to take a single increment (satoshi) and set it to a dollar (for comparison  sake of course, as the values float against each other and a dollar by no means should be a peg) we would effectively have a bitcoin market cap of about 2.1 quadrillion, which seems insane, but in reality the global derivatives markets have been valued as high as $1.2 quadrillion, in addition to the M2 supplies, public and private debt, we're looking at numbers I cannot even put my finger on, and this is still with entire economies in their youths, entire markets yet to emerge, and we're still on earth lol.

Yea this is definitely an interesting topic, and always makes me think of the experiment where they see how much the death star would have actually cost to run...
https://www.google.com/amp/amp.timeinc.net/fortune/2016/12/03/death-star-operating-costs/%3Fsource%3Ddam
...I'm going to stand by the billion cap coin (though this is my ONLY investment into a cap this high) we will eventually see an easy to use comparison using whole denominations of verge while still allowing micro transactions to take place. Should be a fun ride.
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 02/07/2017, 17:41:20 UTC
any chance the supply will get a cut in the future, i think what is holding back this wonderful coin, is the immense supply, if it can be reduced to million instead of billion would be better imho, i know it require a hard fork but its worth the risk


This gets brought up a lot but I think we need to realize that the crypto market is still VERY young and small ($100B) and while million cap coins make sense for what the market is handling right now (most coins <$1B cap) in order to scale with a growing market cap and still have ability for microtransactions, billion cap coins will be the new norm (especially if you look at how quickly crypto can and most likely will grow in the coming year). lets get smart contracts into Verge and we can build apps and other coins using XVG which will end up growing Verge even larger and faster than just people buying and using it as simply a currency.
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 23/06/2017, 11:46:29 UTC
Simple havling won't automatically double the price. You better read this: https://en.wikipedia.org/wiki/The_milkmaid_and_her_pail

As the dev said, the price is generated by the market, not by an individual manipulating the coin. If you claim to be a financially well versed guy, such statements pretty much indicate the opposite. Other coins tried it as well, which generated some initial hype, but nothing lasting. I don't see the point really. It is not a psychological barrier, it is just some concept people like you make up. It changes nothing of the inherent value of the coin, because it does not matter if you pay 500 coins worth 1$ or 250 coins worth 1$ dollar, they are just different numbers with relative value that the market decides. Huge supply also worked well for coins like DOGE and XRP, where you paid hundreds/thousands of coins for small transactions until their recent rises in market cap. You also don't know how high the markets value of the coin will rise. In a year we may see 500 billion market cap. If you go to 13,5b market cap, which is not unrealistic for some project these days, you still have 1$. Also it should be mentioned, that 1$ is quite a lot for some people/in some countries. So something that is not worth a whole house (like BTC, yes relative numbers again) may also reach out to other people with lower monetary supply, when they can pay 1 VERGE that maybe equals 0.05$

To even think about stuff like halving at these early stages is just a waste of time and especially work, which could be spent developing other things.


Well said. Price is determined by supply and demand, and changing one does not mean that the other won't change too. For example reverse coin split would shift supply curve to the left and theoretically shift price equilibrium up along that demand curve, but this does not account for any consequences perceived by markets of this split. Which would effectively be the repossession and burning of people's coins, which is taboo in the world of crypto. For all we know demand will decrease because people fear coins with developing teams who are for this method of manipulations, and though the supply decreases, demand drops as well, effectively doubling losses, and making recovery especially unlikely, seeing as there is plenty of competition and a fork could be implemented.

Secondly verge is not targeted towards pricing itself to a cryptocurrency market cap of 115 billion. In fact verge is in better position to handle transactions and scaling to levels of actual countries m2s, even if it may be older levels. It's a novel approach guys and it's good to think about things like this, but I think a reverse split and reduction of coins is targeting short term prices and cap, and not looking far enough in the future at prices and usability.

Keep up the good work dev. I'm predicting 500 sats post smart contracts, and bigger markets from there.
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 21/06/2017, 01:48:09 UTC
good to know, I'll send a little something something tonight Smiley

Dev are you looking at more places to accept Verge (like newegg, store.bitcoin.com etc) or is it more of an "advertise and develop" strategy in order to get adoption?

btw Zcash pump took place 3 days before (May 22nd) AlphaBay announced it on their site (May 25th) haha ohhh dark markets Tongue

once we complete a few more things, we'll start actively engaging with mainstream retailers/etc

good to hear. I'm still having trouble getting the Windows wallet to open consistently, I have it synced (as of yesterday) but when I try and open I get stuck on "loading block index" as soon as it opens. and if I click the app itll crash. takes a few attempts to get it to open. there anything I can do to adjust/get it working (windows 10) or just wait for an update?

btw sent a donation, have a beer on me Wink
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 21/06/2017, 01:21:28 UTC
good to know, I'll send a little something something tonight Smiley

Dev are you looking at more places to accept Verge (like newegg, store.bitcoin.com etc) or is it more of an "advertise and develop" strategy in order to get adoption?

btw Zcash pump took place 3 days before (May 22nd) AlphaBay announced it on their site (May 25th) haha ohhh dark markets Tongue
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 21/06/2017, 01:03:00 UTC
any chance the supply will get a cut in the future, i think what is holding back this wonderful coin, is the immense supply, if it can be reduced to million instead of billion would be better imho, i know it require a hard fork but its worth the risk

First I want to say our Dev Team is doing a Top Notch Job - keep it up!

Your suggestion needs to be analyzed.  At this point the space has gone into "Hyperspeed" and we need dramatic and intentional moves.  "Coin Reduction" would be a BIG MOVE; raising scarcity would increase value.

I would add that adding PoS immediately would be of great benefit as well.  It's hard to park your cash in a coin that doesn't pay dividends for holding while almost all other coins that share our objectives are providing STAKING incentives.  For the holder Staking represents some assurity during the inevitable "Pumps and Dumps" plus it provides a double incentive of value:  The rise in coin value (XVG $1.00) + the Staking Dividend.  For Hardware Miners it becomes a triple incentive if they choose to hold what they mine.  

This is definitely a race, so reminiscent of 1999 with another emerging technology at that time.  I know by these suggestions we're asking a lot from the Devs but I strongly feel we have a strong community willing and able to support our Team in whatever is necessary.  

So, Coin Reduction + PoS = Rise in Coin Value

Btw, Coin Reduction becomes very meaningful when RSK is implemented.

Yes to all of this.
This is not happening and it's a dumb choice on many levels. Dev has already discussed this. Read the post history before telling Dev what he should do. It's really assuming, naive, big headed, and annoying.

correct. i am not going to hard fork to take away users coins. that's absurd.

Agreed with no fork. As much as I enjoy having PoS, it seems counterproductive to have PoS and still advocate for smaller supply (supply for Verge seems suited for where crypto is heading. ie higher overall market cap, and future fee cost) to fork and set back balances (equally) in order to implement PoS (or to use PoS and increase supply) would be disastrous.

Realistic predictions are needed here. I think closing in on .01$ (or 500 sats) would be a realistic estimate after RSK contracts (so next 2 months hopefully), given we can market it properly (Dev can you verify your bitcoin address you want to take donations to? I dont want to send my XVG haha) this would be roughly $135mm cap and top 40, though it may be top 50 in this grouping depending how the crypto markets grow over this time.

we should look at trying to get AB to list it (currently they list BTC, XMR, ETH, Zcash) though not sure how tf we go about doing that  Cheesy Cheesy Cheesy
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 19/06/2017, 03:39:15 UTC
Just got the desktop wallet fully sync'd and looking to move my web wallet funds over. is there somewhere I can find my private keys on the desktop wallet? or even if there's a way I can see my private keys on the web wallet (or is this more like other web wallets where the private keys are stored with the owner of the site?)

thanks!


Also just listened to the interview, you absolutely killed it. gave great examples of why certain anon features should take priority over others, especially when it comes to mainstream adoption. great job dude.

you can go into help/debug console, and type exportprivkey publicaddress
(publicaddress is where you put the address that you want the privkey to)
and the private key to that address will show up =]

hmm I'm getting "Method not found (code -32601)" though I've tried a few variations. is it literally "exportprivkey (insert public address)" ?


i dont know why i said export. its dumpprivkey publicaddress

sorry about that.

No worries, got it figured out. finally got the blocks all synced up. though sometimes opening the desktop wallet takes quite some time (5-10 minutes) on the getting block phase. and sometimes crashes/unresponsive. this is windows 10. is there any settings I should be adjusting to make it more consistent?
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 18/06/2017, 20:27:34 UTC
Just got the desktop wallet fully sync'd and looking to move my web wallet funds over. is there somewhere I can find my private keys on the desktop wallet? or even if there's a way I can see my private keys on the web wallet (or is this more like other web wallets where the private keys are stored with the owner of the site?)

thanks!


Also just listened to the interview, you absolutely killed it. gave great examples of why certain anon features should take priority over others, especially when it comes to mainstream adoption. great job dude.

you can go into help/debug console, and type exportprivkey publicaddress

and the private key to that address will show up =]

hmm I'm getting "Method not found (code -32601)" though I've tried a few variations. is it literally "exportprivkey (insert public address)" ?
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 18/06/2017, 19:23:22 UTC
Just got the desktop wallet fully sync'd and looking to move my web wallet funds over. is there somewhere I can find my private keys on the desktop wallet? or even if there's a way I can see my private keys on the web wallet (or is this more like other web wallets where the private keys are stored with the owner of the site?)

thanks!


Also just listened to the interview, you absolutely killed it. gave great examples of why certain anon features should take priority over others, especially when it comes to mainstream adoption. great job dude.
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 17/06/2017, 03:23:34 UTC
so does it stack up the amounts and then payout once a night? sounds fair Smiley
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 17/06/2017, 03:08:04 UTC
good to hear! it's fun to play while drinking some beer. great work btw!
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 17/06/2017, 02:49:06 UTC
did I miss something? Verge Faucet still not paying out?
Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
regnar75
on 07/06/2017, 01:59:42 UTC
Great work Dev! are you looking at any other marketing or Ad ideas? I'd be happy to donate.

also haven't received any payouts for faucet yet, trying to send to the Verge web wallet. it says "transaction started wait for complete." I've tried just replaying instead of waiting, and also tried waiting, no luck either way, anyone else having any trouble? can the web wallet receive faucet payouts?

of course we have other marketing campaigns in the works. you can always donate, the address is on our OP

I have btc, is 1CM9bUJaYgpBdYQPsmVfndwT3hz5beeLx7 your address? (pulled from your update about marketing) just want to verify before I send.