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Topic: VERITASEUM DISCUSSION THREAD - page 11. (Read 251038 times)

jr. member
Activity: 192
Merit: 1
August 27, 2018, 02:03:29 AM
does any have any info were to buy from
Etherdelta, Forkdelta, Mercatox, LAToken, HitBTC.
newbie
Activity: 37
Merit: 0
August 27, 2018, 02:00:51 AM
does any have any info were to buy from
newbie
Activity: 168
Merit: 0
August 22, 2018, 11:24:41 AM
I have read about your project and I want to support all people, this is a really good project. I hope your team will always support the excellent work!
sr. member
Activity: 1190
Merit: 250
August 20, 2018, 11:23:52 AM
Veritaseum is a good token, I hope the price that happened in January (more than $430) can be repeated soon, so buying VERI now will certainly make us get a big profit.
member
Activity: 402
Merit: 45
August 20, 2018, 01:55:22 AM


Can we expect VERI to be added to IDEX soon?

nobody there.
sr. member
Activity: 1288
Merit: 283
Your Data Belongs To You
August 17, 2018, 03:39:33 PM


Can we expect VERI to be added to IDEX soon?
hero member
Activity: 1924
Merit: 538
August 10, 2018, 11:16:57 PM
VERI few people there when buyabit is on vacation,

Reggie not talking any more ?
newbie
Activity: 22
Merit: 0
August 05, 2018, 05:49:30 AM
Veritaseum about to go to the Moon!!!  Grin   My big toe on left foot did the twitch, I'm predicting $322 by next month Smiley Smiley Smiley
member
Activity: 420
Merit: 13
August 04, 2018, 01:40:08 AM
Again you show your ignorance.
The 5%fee is good for an exposure for up to 99 years and charged only once. 2-n-20 is charged annually. Want to do the comparison again for 3, 5, 10, 20, 30 year holdings?

You sound like a parrot.

Again... bla bla bla... Dorky shows his ignorance... bla bla bla...
Question: Would you hold a position for 99 years without any rebalancing?

Even professionally managed funds need to do rebalancing at least twice a year.
And that would mean VeADIR's fee at least 10% minimum.

5% for unlimited rebalancing?
Well, I guess free lunch really does exist in this world, courtesy of Reggie's gourmet skill.

And try not to ignore the fact that VeADIR's performance is worse than BTC and ETH alone.
newbie
Activity: 4
Merit: 0
August 03, 2018, 03:25:22 AM
Nice to see this scamcoin in the toilet. Told you guys to get out while you still could. Now keep holding till 0.

We got a real genius here. What alt coin could you say anything different about? The price has 0 to do with the project, and part of the overall bear market.
jr. member
Activity: 192
Merit: 1
August 03, 2018, 01:01:22 AM
Not only is VERI not very profitable (because it is not an investment), but the 5% fee is also very expensive.

Hedge funds' 2-n-20 fee structure is 2% yearly fee and 20% fee (on alpha) only if the fund outperforms certain benchmark, otherwise 20% does not apply.
In comparison, VeADIR charges 5% per every exposure opened and it also underperformed BTC and ETH.
So VeADIR charges 2.5 times higher fees than traditional hedge funds.

Initially, the fee was arbitrarily set by Reggie.
Later, I wrote a post on how increasing the fee may/will increase the token value.
So I suspect Reggie fixing the fee to 5% was observing my way of increasing the token price.
If so, that is one way of manipulation beside burning 98% of the supply.
But after much consideration, even burning the 98% supply may still be useless because VeADIR does not outperform the benchmark.
Again you show your ignorance.
The 5%fee is good for an exposure for up to 99 years and charged only once. 2-n-20 is charged annually. Want to do the comparison again for 3, 5, 10, 20, 30 year holdings?
full member
Activity: 308
Merit: 100
July 31, 2018, 11:16:30 PM
Nice to see this scamcoin in the toilet. Told you guys to get out while you still could. Now keep holding till 0.
jr. member
Activity: 65
Merit: 6
July 31, 2018, 09:22:40 AM
[Integration Announcement] Veritaseum enters CoinFairValue.com  with a Fair Value of $57.65 (a 42% higher than its price). Check the investor warnings.
sr. member
Activity: 756
Merit: 268
July 30, 2018, 04:58:24 AM
Does the platform allow loaning out veri tokens for interest payments yet?
member
Activity: 420
Merit: 13
July 30, 2018, 12:45:21 AM
Not only is VERI not very profitable (because it is not an investment), but the 5% fee is also very expensive.

Hedge funds' 2-n-20 fee structure is 2% yearly fee and 20% fee (on alpha) only if the fund outperforms certain benchmark, otherwise 20% does not apply.
In comparison, VeADIR charges 5% per every exposure opened and it also underperformed BTC and ETH.
So VeADIR charges 2.5 times higher fees than traditional hedge funds.

Initially, the fee was arbitrarily set by Reggie.
Later, I wrote a post on how increasing the fee may/will increase the token value.
So I suspect Reggie fixing the fee to 5% was observing my way of increasing the token price.
If so, that is one way of manipulation beside burning 98% of the supply.
But after much consideration, even burning the 98% supply may still be useless because VeADIR does not outperform the benchmark.
sr. member
Activity: 492
Merit: 251
July 29, 2018, 11:41:23 AM
Hold VERI is more profitable because of the rising prices, I'm sure that VERI's performance will continue to improve and of course buying and hold VERI is a good and profitable thing.
VERI collapsed 90% from the top. its not very profitable for many. you are in denial.
member
Activity: 672
Merit: 10
July 23, 2018, 07:01:42 AM
Hold VERI is more profitable because of the rising prices, I'm sure that VERI's performance will continue to improve and of course buying and hold VERI is a good and profitable thing.
member
Activity: 420
Merit: 13
July 18, 2018, 06:03:56 AM
I just looked at the VeADIR performance for the last 90 days at around -32% ROI.

Then I checked total market cap of all cryptos from 90 days ago, conservatively at 383.698 bil (around the high point on May 18).

Currently at time of writing the total market cap is 294.701 bil.

That translate to around -23% ROI, vs VeADIR's -32% ROI.

Did VeADIR underperformed the total market cap for the past 90 days?


Update:
Does this -32% ROI include the 5% fee?
If not, the underperformance would be -37% ROI.

Update #2:
The exact date of last 90 days would be May 21st, after manual day counting.
Trying to make the total market performance to appear as bad as possible, I choose the highest point at 392.132 bil on May 21st.
On today, the total market cap declined by around -25%, which still outperformed VeADIR.

Ethereum market cap on that day at around its highest was 71.881 bil, conservatively to make ETH performance look as bad as possible.
Today its market cap is at 50.255 bil at time of writing, translating to -30%, still outperformed VeADIR, without the 5% fee.

Bitcoin's market cap at that time was 145.409 bil, around the highest.
Now at time of writing is at 126.920 bil, translating to around -13%.

Am I calculating things the wrong way?
Or is buying and holding BTC and/or ETH performed better than VeADIR for the last 90 days?
member
Activity: 247
Merit: 10
July 17, 2018, 07:24:43 AM
From Reggie Middleton.

Veritaseum's VeADIR now provides full metrics on it's asset backed tokens with live & historical data to prep for use as denominating store. We'll mint ~$100k of 1 oz gold tokens next week & sell to buyers. Gold tokens selling under spot can be arbitraged
https://dapp.veritaseum.com/#/assets/list(context:asset/VeGLD1oz/performance) …
member
Activity: 247
Merit: 10
July 17, 2018, 07:22:30 AM
From Reggie Middleton.

Within 48 hours or so, we'll post a comparison of VeGLD ownership/use to ETFs (ie. GLD), trusts, physical bullion, funds. The info may astound those who are not privy to the power of smart contracts over the blockchain. A new day has most definitely come!
https://dapp.veritaseum.com/#/assets/list(context:asset/VeGLD1oz/performance) …
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