News about and related to altcoin: all blockchain projects (like Ethereum, NEO, NEM, Stellar, Ripple, Ontology, Nexus, Ardor, Lisk, Ark, OmiseGo, BOScoin) and related currency that exist in addition to Bitcoin.
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Accidentally sent vertcoins to bitcoin electrum wallet
I exchanged bitcoins for vertcoins and didn't realise that different electrum wallets are required for specific coins. I have tried to follow some instructions on forums that say I need to export the bitcoin wallet keys and import them into the vertcoin wallet and perform a sweep. I am very new to crypto trading and really appreciate advise or a breakdown of instructions to hopefully recover my coins. I would be incredibly grateful for any help.
vertcoin only appeals to and provides benefits for miners, it doesn't benefit non miners in any special way compared to all the other currencies. nonminer newcomers to cryptocurrency have no reason to prefer vertcoin to bitcoin or other scryptcoins.
thus i would conclude that while some non miner new people to alternative currencies might arrive at vertcoin, the vast majority of people using cryptocurrencies will be using bitcoins or some other coins. a minor consideration is that bitcoins are way way overpriced at the moment. vertcoins havent had a run up yet thus i would suspect that would be a likely event to eventually occur because of speculation but not because of non miner newcomers adopting it out of some important reason preferable to bitcoin. the only benefit vertcoin offers is to miners and miners dont make the price go up because miners aren't buying the coin in large enough quantity. only newcomers are actually buying the coin in large quantities in exchange for usd or other coins. and why would non mining newcomers prefer vertcoin to any of the other currencies? the fact that it's scrypt resistant and decentralized only appeals to miners.
It's ASIC-resistant. It's decentralized. It does everything Bitcoin does only has a lot less interference for mining. Yet everyone compares it to Litecoin and Bitcoin Gold. Why aren't people comparing Vertcoin to Bitcoin if it's clearly superior in every way in terms of its functions and capabilities? What's to stop VTC's market cap from surpassing that of BTC's given that fact? I know the value of each coin probably won't be as much since there's a higher total volume, but the possibilities are endless unlike with Bitcoin.
We are experiencing a huge wave of people joining the Cryptocurrency world. It usually starts with them finding Bitcoin, discovering Etherem/Litecoin, and then moving to Alt coins. Just a matter of time until they find Vertcoin.
I absolutely love when history repeats itself. Bitcoin has been all over the news the past few weeks so people have started investing. However, it usually takes 1-2 weeks to get verified and to get funds transferred. This is why it seems like there has been a delay with people entering the market. With that being said, many people will start by buying Bitcoin or at least joining Coinbase. When they go to purchase Bitcoin they will see Ethereum and Litecoin and be interested why those are so much cheaper. They'll do research and realize that both of those are great. They might buy Bitcoin but many might opt for what they think could be the next "Bitcoin". When they start doing research and looking around they will start to realize that there is a whole world of Altcoins. It's just a matter of time for people to research Litecoin and stumble across Vertcoin. This whole process is something I did months ago and I believe many others did the same. Bitcoin has been having its fun, and now Litecoin and Ethereum are too. Next stop will be for the money to continue to flow down to the Alt coins. The Cryptocurrency world is almost half a trillion dollars in market cap! That's 498 BILLION currently. Be patient, Vertcoin will see tremendous growth soon.
I spend a lot of time wondering if cryptos can be adopted as a payments solution by the masses. As we all know, as is, it cannot! But with atomic swaps, can't the vertcoin and litecoin function as a second layer of bitcoin? They will always be independent from each other, but they could work as one big and capable super coin. I also think that vertcoin will reach the litecoin value with the atomic swaps. What do you guys think about this?
Soon you will be able to swap Bitcoin or Litecoin for Vertcoin using Atomic Swaps. Even if Vertcoin doesn't get added to Coinbase in the near feature, people will be able to swap coins for Vertcoin without an exchange.
Atomic Swaps on the Lightning Network is one of the many reason I'm holding Vertcoin. Who needs exchanges when soon we will be able to swap Vertcoin with other coins?! This is the true vision of Cryptocurrency, not paying exchanges tons of money and having them charge huge fees.
What does Vertcoin REALLY need to do to replace Bitcoin?
A lot of people are talking about VTC replacing LTC and even BTC. Already, there are many advantages of VTC over LTC and BTC. But what does Vertcoin need to do to overtake BTC? Four of the things I can think of are: *Re-implement Stealth Addresses. *Create mobile wallets for all types of devices. *Get VTC accepted more broadly (this means more than just asking companies to accept it). *Get VTC onto more exchanges. Donate to the devs but also ask the devs for hard deadlines. There needs to be a clear plan WITH DATES if you REALLY want to see this rise. Soft fluffy statements aren't going to cut it.
I used shapeshift.io to convert litecoin to vertcoin and sent the converted crypto to my electrum wallet not knowing I had to send it to electrum-VTC. So is there anyway to fix this? Edit: side note I am 40 days away from having a baby and my fiance isn't working so I'm fairly certain she will have me sleep outside if I don't get this money back. Edit 2: got it all back thanks to u/thisrainycityis
The CryptoDad shows you how to use Vertcoin. We will buy some Vertcoin on Bittrex, install the wallet, and also set up our graphic card to mine Vertcoin. Donate VertCoin ... Vertcoin mining update day 2 finally got the payments bitcoin no more nicehash = Today's cryptocurrency pick is Vertcoin #VTC and also I talk about some of the recommended bitcoin exchanges and which ones to avoid. Check out these exchang... The CryptoDad shows you how to mine Vertcoin. Donate VertCoin: ViPoLtJ9gfgjCtR6o5ahyy2e92ZwxNMN7n Try the Brave Browser: https://brave.com/rex704 Try DLive (... a simple tutorial on how to mine Vertcoin using the Vertcoin One-Click Miner program. also using electrum vertcoin wallet to store them and some tricks to ex...