Author

Topic: VERITASEUM DISCUSSION THREAD - page 125. (Read 251040 times)

hero member
Activity: 1092
Merit: 507
btcstakes.com
July 04, 2017, 03:12:51 PM
What was the ICO price? Just curious?
newbie
Activity: 56
Merit: 0
July 04, 2017, 03:07:22 PM
He he he he. 1000 VERI wall is/was ignored. Was taken only 2.9 VERI from this wall. Ha ha ha ha ha ha. People are trading mainly around this wall slightly below not taking it or above. LOL. The best answer to attempted manipulation is to ignore it. Bravo to the people.
just buy the wall. 0.69 is nothing

Nah. I say ignore it Smiley
newbie
Activity: 56
Merit: 0
July 04, 2017, 03:02:34 PM
Wow guys some of you sound like religious sect members here  Grin

I came to cryptomarket few weeks ago and missed many good coins as well as bought most coins for higher price than it is now. Hopefully they will go up sooner or later.


Veri has some unique and novel features like renting their token to others to use Veri services (decentralised exchange, peer2peer exchanges, investing in other assets/digital currencies using advanced analytical analyses are just some examples that will be build or are already in alpha/beta stage). On the top of that they also have at least one (that I am aware of) patent which provide them some edge against the other tokens/digital currencies. One of the patents is listed here: https://patents.google.com/patent/WO2015171580A1/en?assignee=Veritaseum.

Thanks for detailed response buddy. Yes I did not read the whole thread, only the first post and did not understand much there. It is a bit more clear now. Though if I am not mistaken the same functions can be realized on Waves platform and they create (or already have) decentralized exchange and actively develop the platform where you can also issue your own assets, etc, but no access to stock market.


I know about decentralised exchange. Are you sure about renting in WAVES? I do believe that this is unique to VERI. Nevermind. VERI is definitely first and the only Crypto on stock exchange (OK will be in two months). And it seems that are steam rolling ahead. Religious sect members? Well if you see it that way so be it. Putting this aside. I do believe in this project. Am pretty large VERI holder and will sell (when it hits much better ratio to ETH/BTC) only a small portion. And not to forget the latest video from MikeB https://www.youtube.com/watch?v=fBWWEb_oNGI&feature=youtu.be which gives me some butterflies ... Joking aside. What I do respect is that Reggie, as busy as he is, finds his time to answer directly to us and say thanks on his twitter and/or via email. I wish everyone the best in embracing the crypto future with or without VERI. I do believe in the concept behind my nick name and am pretty sure that VERI will be among the most important carriers of it.
full member
Activity: 228
Merit: 100
July 04, 2017, 02:47:40 PM
Wow guys some of you sound like religious sect members here  Grin

Veritaseum
No Pearls before swine, you must have the awakening  for eyes to see and ears to hear. To those who don't know Veritas will be blind to her gifts. The wicked cannot see. You missed the ICO for a reason!

I came to cryptomarket few weeks ago and missed many good coins as well as bought most coins for higher price than it is now. Hopefully they will go up sooner or later.


Veri has some unique and novel features like renting their token to others to use Veri services (decentralised exchange, peer2peer exchanges, investing in other assets/digital currencies using advanced analytical analyses are just some examples that will be build or are already in alpha/beta stage). On the top of that they also have at least one (that I am aware of) patent which provide them some edge against the other tokens/digital currencies. One of the patents is listed here: https://patents.google.com/patent/WO2015171580A1/en?assignee=Veritaseum.

Thanks for detailed response buddy. Yes I did not read the whole thread, only the first post and did not understand much there. It is a bit more clear now. Though if I am not mistaken the same functions can be realized on Waves platform and they create (or already have) decentralized exchange and actively develop the platform where you can also issue your own assets, etc, but no access to stock market.
sr. member
Activity: 492
Merit: 251
July 04, 2017, 02:41:48 PM
He he he he. 1000 VERI wall is/was ignored. Was taken only 2.9 VERI from this wall. Ha ha ha ha ha ha. People are trading mainly around this wall slightly below not taking it or above. LOL. The best answer to attempted manipulation is to ignore it. Bravo to the people.
just buy the wall. 0.69 is nothing
newbie
Activity: 56
Merit: 0
July 04, 2017, 02:33:30 PM
He he he he. 1000 VERI wall is/was ignored. Was taken only 2.9 VERI from this wall. Ha ha ha ha ha ha. People are trading mainly around this wall slightly below not taking it or above. LOL. The best answer to attempted manipulation is to ignore it. Bravo to the people.
newbie
Activity: 56
Merit: 0
July 04, 2017, 02:23:17 PM
Can someone explain how you rent Veri out without burning up the token? It's used as gas to access the system...but how is this possible without consuming the token all while the owners still retain possession?

I admit that do not know the exact mechanics under the hood but here is an example of the so called swapping (renting). Check carefully this screenshot

https://docs.google.com/presentation/d/1FMyNvogofqojqG6nkIjgvvjAnsWs1qOtKUFExvtp_m0/pub?start=false&loop=false&delayms=3000#slide=id.g1dbf5b6b89_0_1

You are not using VERI for the gas. VERI is just a carrier. For the gas you need to pay in another currency. Because it is using ETH blockchain am assuming that any ERC20 based token or ETH would do. However the last statement is my guessing only. If someone can confirm this would be great.

And here is the VERI schematic view. You would be probably giving renting field VE tokens - used as the universal key to gain access to in a similar way than displayed in the first link.
newbie
Activity: 56
Merit: 0
July 04, 2017, 02:15:59 PM
Can someone explain how you rent Veri out without burning up the token? It's used as gas to access the system...but how is this possible without consuming the token all while the owners still retain possession?

I admit that do not know the exact mechanics under the hood but here is an example of the so called swapping (renting). Check carefully this screenshot

https://docs.google.com/presentation/d/1FMyNvogofqojqG6nkIjgvvjAnsWs1qOtKUFExvtp_m0/pub?start=false&loop=false&delayms=3000#slide=id.g1dbf5b6b89_0_1

You are not using VERI for the gas. VERI is just a carrier. For the gas you need to pay in another currency. Because it is using ETH blockchain am assuming that any ERC20 based token or ETH would do. However the last statement is my guessing only. If someone can confirm this would be great.
sr. member
Activity: 672
Merit: 274
July 04, 2017, 02:09:50 PM
Can someone explain how you rent Veri out without burning up the token? It's used as gas to access the system...but how is this possible without consuming the token all while the owners still retain possession?

As far as I know ETH is used in terms of the gas. No VERI is burned up in the process. VERI rented will probably be temporarily locked up in a smart contract - where it will be used for a specific purpose - according to what the smart contract was designed to do.
member
Activity: 86
Merit: 10
July 04, 2017, 01:54:42 PM
Can someone explain how you rent Veri out without burning up the token? It's used as gas to access the system...but how is this possible without consuming the token all while the owners still retain possession?
sr. member
Activity: 492
Merit: 251
July 04, 2017, 01:37:43 PM
Some whale is pumping the hell outta this scammy shitcoin today. Damn.

Bitter because you are late in this game. Feel sorry for you. And now am pressing Ignore button. Good luck in your bitterness.

Really? You couldn't pay me to invest in this shitcoin. I have got investments in many many coins but I wouldn't touch this one with a barge pole. That's because I do my due diligence before investing in anything.

I do not understand what this coin is for. Web site looks like a blog with ugly template. Is this coin fundamentally strong and provide some useful service, why it grows so much? Or is it a speculative growth and it will drop to hell one day?

You don't understand because this coin offers no value proposition whatsoever. Even the guy who created this coin doesn't know why this coin exists. Some bozos are pumping the hell outta this coin and all the rag dolls are jumping in out of FOMO.

Some whale is pumping the hell outta this scammy shitcoin today. Damn.

Bitter because you are late in this game. Feel sorry for you. And now am pressing Ignore button. Good luck in your bitterness.

Yeah run away little girly. What else can you do?


https://www.youtube.com/watch?v=0k13dgd44mw&feature=youtu.be

Here's what Reggie has to say ... Watch this .. If you want a basic understanding.
Reggie says that u need 80 cents to a dollar to start. is that a fixed price? or a percentage of Veritas/Ether? What if it rises, will u be paying 5 or 10 bucks?
legendary
Activity: 1146
Merit: 1000
July 04, 2017, 01:19:55 PM
Using EtherDelta is so convoluted. Why does it allow you to purchase tokens above lowest asking price?
newbie
Activity: 65
Merit: 0
July 04, 2017, 01:19:39 PM
To be exact:

1. Clif's friend predicts VERI is going to $5000 next year.

2. Clif himself predicts that VERI is going to be on par with BTC this time next year (May/June). He predicts that BTC might get to $18,008 by that time... which means VERI will be at more or less the same price.

Will we get there? Hell yeah!  Cool



I've been dealing with a person who claims Veritaseum had no wallet or code since Ultra Coin ..Claims no product since 2014 and it's all a scam.  

I present exhibit A, 2014 video of Ultra Coin client, and Developer.

https://www.youtube.com/watch?v=dV27kQnUKHc
2014 video of working code


Another Video basically the same 2015 Wallet
https://www.youtube.com/watch?v=TOlN6eWWFaA

Just to pour more water on this guys FUD! I authored the following article which references Veritaseum explicitly, as well as screenshotting the client! (A screenshot I did myself)

This is from November 2015, it's verifiable by wayback machine etc,

http://backbit.co.uk/?page_id=159
sr. member
Activity: 672
Merit: 274
July 04, 2017, 01:00:08 PM
To be exact:

1. Clif's friend predicts VERI is going to $5000 next year.

2. Clif himself predicts that VERI is going to be on par with BTC this time next year (May/June). He predicts that BTC might get to $18,008 by that time... which means VERI will be at more or less the same price.

Will we get there? Hell yeah!  Cool



I've been dealing with a person who claims Veritaseum had no wallet or code since Ultra Coin ..Claims no product since 2014 and it's all a scam.  I present exhibit A, 2014 video of Ultra Coin client, and Developer.

https://www.youtube.com/watch?v=dV27kQnUKHc
2014 video of working code

Who exactly is the person who are making these claims?

Just a person on Youtube.. He hangs out on most Veritaseum  videos comments section. He got me thinking about my due diligence, so I researched his claims and decided to post what I came up with.  In case anyone ran across the same thing.
I also spoke with someone from the Ultra Coin days about his claims and he gave Reggie and Veritaseum his legit stamp of approval.

Why are you protecting the identity of this person? Provided this person exists, it sounds to me like someone who is out to spread FUD. Did this person present any proof to back up the claims? I, and I am sure others here, would love to see proof to back up these wild claims. For starters, how exactly is it a scam?

In addition, it is important to differentiate between Reggie's Ultra-Coin, a former product now rolled into Veritas (if I am correct), and UltraCoin (UTC) - these two are not the same. Read Reggie's response here to understand the differences between the two: https://www.weusecoins.com/reggie-middleton-ultra-coin/

I'm not protecting anyone? .. The information was posted here yesterday and in slack. I just didn't feel like dragging that whole drama again.   One video with him is posted https://youtu.be/07-cpHoCEIw  Jonny Blaze in comments section.  Edit .. I think the op must have cleaned up the comment section.

No worries. You almost drove me up the wall the other day. I think we can be friends now.  Cool
sr. member
Activity: 672
Merit: 274
hero member
Activity: 784
Merit: 1000
July 04, 2017, 12:56:15 PM
Some whale is pumping the hell outta this scammy shitcoin today. Damn.

Bitter because you are late in this game. Feel sorry for you. And now am pressing Ignore button. Good luck in your bitterness.

Really? You couldn't pay me to invest in this shitcoin. I have got investments in many many coins but I wouldn't touch this one with a barge pole. That's because I do my due diligence before investing in anything.

I do not understand what this coin is for. Web site looks like a blog with ugly template. Is this coin fundamentally strong and provide some useful service, why it grows so much? Or is it a speculative growth and it will drop to hell one day?

You don't understand because this coin offers no value proposition whatsoever. Even the guy who created this coin doesn't know why this coin exists. Some bozos are pumping the hell outta this coin and all the rag dolls are jumping in out of FOMO.

Some whale is pumping the hell outta this scammy shitcoin today. Damn.

Bitter because you are late in this game. Feel sorry for you. And now am pressing Ignore button. Good luck in your bitterness.

Yeah run away little girly. What else can you do?


https://www.youtube.com/watch?v=0k13dgd44mw&feature=youtu.be

Here's what Reggie has to say ... Watch this .. If you want a basic understanding.
member
Activity: 86
Merit: 10
July 04, 2017, 12:53:05 PM
I do not understand what this coin is for. Web site looks like a blog with ugly template. Is this coin fundamentally strong and provide some useful service, why it grows so much? Or is it a speculative growth and it will drop to hell one day?

He he he he. Sorry couldn't help it. Lets disseminate this:

 1. Web site looks like a blog with ugly template

Some of us have sent this sentiment to Reggie directly. Although I couldn't care how the website looks like I agree with the sentiment that first impression counts. There was even one offer at Veri Slack from one user to do their web page for free. And Reggie asked back if he can code in Joomla as well. Do not know what happened though.

2. why it grows so much?

Unlike many other assets/coins VERI growth is mostly organic. This does not mean that there are not some speculations though. The latest growth was due to announcement from the 30th (https://twitter.com/ReggieMiddleton/status/880804430655782912) about using VERI at Jamaican Stock Exchange (JSE). Read more here http://www.cryptocoinupdates.com/update-from-reggie-middleton-veritaseum-is-taking-jamaica-to-the-next-level/
To summarise: Any digital assets on JSE will be traded using VERI as the underlining engine

3. Is this coin fundamentally strong and provide some useful service,

Veri is not a currency or classical token. What it gives you is a "gas" to use software services which Veritaseum is building and will be building in the future. Reggie (CEO of Veritaseum) is known as the man of integrity. He mentioned JSE trip sometime at the beginning of June. His result was published on his twitter and elsewhere in the form of signed contract with JSE. Couple of days ago he also mentioned, that he is making a deal with another top 10 stock exchange. Knowing his previous work it is almost guaranteed that he will strike another deal. Veri has some unique and novel features like renting their token to others to use Veri services (decentralised exchange, peer2peer exchanges, investing in other assets/digital currencies using advanced analytical analyses are just some examples that will be build or are already in alpha/beta stage). On the top of that they also have at least one (that I am aware of) patent which provide them some edge against the other tokens/digital currencies. One of the patents is listed here: https://patents.google.com/patent/WO2015171580A1/en?assignee=Veritaseum.

You have many more examples and explanations about what VERI exactly is here on this discussion thread (I know that it has almost 70 pages but it is worth reading), at Veritaseum "ugly" website, their white paper and many good youtube videos created by Reggie and others. This token is one of rare gems out there. Most of the tokens will be dead in couple of months or withing two years. What you need to realise is that Tokens = startup company. And how many of them succeed and survive? Good code means nothing if there is not good leadership knowing about internals of finances and being at home in financial world. Reggie's has good financial background and good character. On the top of that: He is the man of word. If he says something then he means it.

If anyone wants to add something please do so. Only educated holders are good for the community, VERI and Veritaseum.

I am glad someone mentioned that... now the question I have is this: How are the Veri tokens used as "gas" to enable access to the autonomous computers, yet not consumed and thus enabling the tokens to merely be rented while the owners still retain possession?
newbie
Activity: 56
Merit: 0
July 04, 2017, 12:51:46 PM
This user is currently ignored. For user ngin-x. I do believe that button ignore is the best feature of bitcointalk.org
sr. member
Activity: 492
Merit: 251
full member
Activity: 308
Merit: 100
July 04, 2017, 12:49:55 PM
Some whale is pumping the hell outta this scammy shitcoin today. Damn.

Bitter because you are late in this game. Feel sorry for you. And now am pressing Ignore button. Good luck in your bitterness.

Really? You couldn't pay me to invest in this shitcoin. I have got investments in many many coins but I wouldn't touch this one with a barge pole. That's because I do my due diligence before investing in anything.

I do not understand what this coin is for. Web site looks like a blog with ugly template. Is this coin fundamentally strong and provide some useful service, why it grows so much? Or is it a speculative growth and it will drop to hell one day?

You don't understand because this coin offers no value proposition whatsoever. Even the guy who created this coin doesn't know why this coin exists. Some bozos are pumping the hell outta this coin and all the rag dolls are jumping in out of FOMO.

Some whale is pumping the hell outta this scammy shitcoin today. Damn.

Bitter because you are late in this game. Feel sorry for you. And now am pressing Ignore button. Good luck in your bitterness.

Yeah run away little girly. What else can you do?
Jump to: