Topic: VERITASEUM DISCUSSION THREAD - page 125. (Read 251011 times)

just buy the wall. 0.69 is nothing

Wow guys some of you sound like religious sect members here  

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.



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.

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!

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.

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.

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.

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?

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?

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.

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

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.

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.


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.


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

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.

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

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?

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