From Reggie Middleton today.
VeADIR now lists custom assets in their own portfolio page. See https://dapp.veritaseum.com/#/assets . We now pay contractors in VeGLD (.9999 pure gold redeemable token) & will soon disseminate VeSTBL in unstable currency regimes. Tutotial https://veritas.veritaseum.com/index.php/28-introducing-the-veritaseum-rental-facility-early-beta … and https://www.youtube.com/watch?v=9MrmDXaIknk …
Topic: VERITASEUM DISCUSSION THREAD - page 13. (Read 251033 times)
Even at todays coin market cap. VERI is still up over 30X since the ICO last year. I have no complaints about the current state of the market.
new low today. this is going from bad to worse.
VERI's rank is 86
new low today. this is going from bad to worse.
VERI's rank is 86
From Reggie Middleton today.
Satisfaction with the VeADIR product seems uniform among the beta testers. This should easily extrapolate to the larger user base abroad. The integration of $VeSTBL and $VeGLD will make the system entirely self contained & independent of fiat. https://ipfs.io/ipns/rc.veritaseum.com/#/portfolio …
Satisfaction with the VeADIR product seems uniform among the beta testers. This should easily extrapolate to the larger user base abroad. The integration of $VeSTBL and $VeGLD will make the system entirely self contained & independent of fiat. https://ipfs.io/ipns/rc.veritaseum.com/#/portfolio …
new low today. this is going from bad to worse.
From Reggie Middleton today.
In the next 96 hours, we'll put the kabosh on disseminators of broad-based misinformation & disinformation, ie..@notsofast @RichCNXCrypto @seandotau and the Bank of International Settlements (BIS, the central bank to central bankers). This is the week of CRYPTO truth, ie. Veritaseum.
In the next 96 hours, we'll put the kabosh on disseminators of broad-based misinformation & disinformation, ie..@notsofast @RichCNXCrypto @seandotau and the Bank of International Settlements (BIS, the central bank to central bankers). This is the week of CRYPTO truth, ie. Veritaseum.
From Reggie Middleton today.
If you use our products and feel like a mini-hedge fund.... Well, that's the point! Disintermediating Peer-to-peer capital markets, enabled by Veritaseum software.
See https://veritas.veritaseum.com/ . Join telegram chat here to learn more from the community https://t.me/joinchat/G_22OhA7UgN6b-7hTSFSTA …
All who're interested in beta testing VeADIR, email [email protected] & include LinkedIn profile. Use email account from LinkedIn profile. Selected beta testers use our capital on the platform, after testing sprint is done you'll be paid in redeemable (min limits) VeGLD.
If you use our products and feel like a mini-hedge fund.... Well, that's the point! Disintermediating Peer-to-peer capital markets, enabled by Veritaseum software.
See https://veritas.veritaseum.com/ . Join telegram chat here to learn more from the community https://t.me/joinchat/G_22OhA7UgN6b-7hTSFSTA …
All who're interested in beta testing VeADIR, email [email protected] & include LinkedIn profile. Use email account from LinkedIn profile. Selected beta testers use our capital on the platform, after testing sprint is done you'll be paid in redeemable (min limits) VeGLD.
From Reggie Middleton today.
We're working on a factual rebuttal to put the recent BIS disinformation campaign against cryptos
( https://www.bis.org/publ/arpdf/ar2018e5.pdf …) into perspective. Read this, our response will be out soon. This is REAL fun!
VeGLD & VeSTBL ( https://twitter.com/ReggieMiddleton/status/1011221447929458689 …) are going to hurt a LOT of feelings!
We're working on a factual rebuttal to put the recent BIS disinformation campaign against cryptos
( https://www.bis.org/publ/arpdf/ar2018e5.pdf …) into perspective. Read this, our response will be out soon. This is REAL fun!
VeGLD & VeSTBL ( https://twitter.com/ReggieMiddleton/status/1011221447929458689 …) are going to hurt a LOT of feelings!
From Reggie Middleton.
Looking at Veritaseum Telegram ( https://t.me/joinchat/G_22OhA7UgN6b-7hTSFSTA …) reveling in the accolades given from paid beta testers to the team for their strong work on the VeADIR ( https://veritas.veritaseum.com ), when it hit me how many "gurus" still label Veritaseum vaporware. Fellas, time to Man up!
Looking at Veritaseum Telegram ( https://t.me/joinchat/G_22OhA7UgN6b-7hTSFSTA …) reveling in the accolades given from paid beta testers to the team for their strong work on the VeADIR ( https://veritas.veritaseum.com ), when it hit me how many "gurus" still label Veritaseum vaporware. Fellas, time to Man up!
From Reggie Middleton today.
We are now integrating VeSTBL (stable tokens) and VeGLD (gold backed tokens) into VeADIR (https://ipfs.io/ipns/rc.veritaseum.com/#/portfolio …). This means users no longer have to access or use fiat for a stable unit of account to transact with others in. See https://www.youtube.com/watch?v=O_hQ4mw6svk … & https://www.youtube.com/watch?v=Fl6g9c_ybPs …
We are now integrating VeSTBL (stable tokens) and VeGLD (gold backed tokens) into VeADIR (https://ipfs.io/ipns/rc.veritaseum.com/#/portfolio …). This means users no longer have to access or use fiat for a stable unit of account to transact with others in. See https://www.youtube.com/watch?v=O_hQ4mw6svk … & https://www.youtube.com/watch?v=Fl6g9c_ybPs …
Also from Reggie Middleton today.
Veritaseum's VeADIR will use our redeemable, precious metal-backed stable token ($VeSTBL) as denominating currency in its next iteration. $VeSTBL comp historically hasreturn than EURUSD & has been priced at $1234.218. Follow via our beta price API https://api.veritaseum.com/v1/token/VESTBL/price …
Veritaseum's VeADIR will use our redeemable, precious metal-backed stable token ($VeSTBL) as denominating currency in its next iteration. $VeSTBL comp historically has
From Reggie Middleton today.
We're bringing Veritaseum redeemable, metal-backed stable tokens ($VeSTBL, a VERI.subtoken stable store of value supported by market forces) to Africa, S America & Central Europe this summer. Components historicallyreturn than EURUSD.
We're bringing Veritaseum redeemable, metal-backed stable tokens ($VeSTBL, a VERI.subtoken stable store of value supported by market forces) to Africa, S America & Central Europe this summer. Components historically
Reggie went out and challenged ICO pitches on value proposition while at the same time his own VERI token is devoid of any.
Totally zero credibility.
If I were pitching an ICO on stage, I would ask Reggie back, "Aren't you Reggie from Veritaseum? Is your token an investment? Why the fuck are you asking me if my token has any investment proposition when yours has none?"
Totally zero credibility.
If I were pitching an ICO on stage, I would ask Reggie back, "Aren't you Reggie from Veritaseum? Is your token an investment? Why the fuck are you asking me if my token has any investment proposition when yours has none?"
Question: When is the right time to buy and hold VERI?
Answer: Never ever.
Explanation: The only right time to buy (not hold) VERI is just right before you need to use/access the VeADIR. Because the token is structured to be effectively having the value proposition of being null & void, if you buy and hold it, you will be subjected to volatility risk in which you risk spending more of your token to access the VeADIR. And that translates to much higher fee than the currently quoted 5%. Imagine if you bought at 0.2 ETH (say fee at 5% from that price) and the price drops to 0.1 ETH in the future, then you will be paying 2x the token needed, or 10% fee. And this 10% is only if you have the discipline to open an exposure and maintain it for 1 year or beyond. Otherwise, if you open an exposure and close it within a month, then your fee would be way much higher, annualized, than 5%. The best time to buy (not hold) VERI is right before you use/access the VeADIR, so that you may lock in the 5% fee. Not 10% fee. And certainly not 120% fee.
A lot of these are not disclosed by Reggie himself despite being a fundamental analyst. So why does he encourage the community to buy the token and hold for volatility risk? Vitalik tweeted a token has value by being burned as it is used. VERI is exactly the opposite, i.e. not only not burned but also can be reused over and over again by the company. I see a lot of things not disclosed and a lot of things being misrepresented.
Answer: Never ever.
Explanation: The only right time to buy (not hold) VERI is just right before you need to use/access the VeADIR. Because the token is structured to be effectively having the value proposition of being null & void, if you buy and hold it, you will be subjected to volatility risk in which you risk spending more of your token to access the VeADIR. And that translates to much higher fee than the currently quoted 5%. Imagine if you bought at 0.2 ETH (say fee at 5% from that price) and the price drops to 0.1 ETH in the future, then you will be paying 2x the token needed, or 10% fee. And this 10% is only if you have the discipline to open an exposure and maintain it for 1 year or beyond. Otherwise, if you open an exposure and close it within a month, then your fee would be way much higher, annualized, than 5%. The best time to buy (not hold) VERI is right before you use/access the VeADIR, so that you may lock in the 5% fee. Not 10% fee. And certainly not 120% fee.
A lot of these are not disclosed by Reggie himself despite being a fundamental analyst. So why does he encourage the community to buy the token and hold for volatility risk? Vitalik tweeted a token has value by being burned as it is used. VERI is exactly the opposite, i.e. not only not burned but also can be reused over and over again by the company. I see a lot of things not disclosed and a lot of things being misrepresented.
Reggie Middleton at Columbia University Blockchain and Development Roundtable.
https://www.youtube.com/watch?v=y-BKSkMMnBw&t=2s
https://www.youtube.com/watch?v=y-BKSkMMnBw&t=2s
Reggie's quote at Youtube...
1. VERI is not a security and thus nobody should ask any question from the standpoint of an investor.
2. You don't make money directly from buying VERI token. You make money from using Veritaseum's products and services. You use the token as prepaid fee to use the products and services. In fact, the VERI token can be totally excluded from the whole business model and everything would still be operational.
What does this tells you?
It tells me Reggie is not practicing what he preaches.
You asked ICO projects from the standpoint of an investor and on "How do I make money buying your token?" and yet at the same time your token is not a security and buyers cannot make money directly from buying it. Give me a break. You are like an ugly-looking judge in a beauty contest.
Quote
Take note of how many times I asked the same unanswered question, then not my 15 second tutorial on how to reply to an investor who asks you, "How do I make money buying your token?"
1. VERI is not a security and thus nobody should ask any question from the standpoint of an investor.
2. You don't make money directly from buying VERI token. You make money from using Veritaseum's products and services. You use the token as prepaid fee to use the products and services. In fact, the VERI token can be totally excluded from the whole business model and everything would still be operational.
What does this tells you?
It tells me Reggie is not practicing what he preaches.
You asked ICO projects from the standpoint of an investor and on "How do I make money buying your token?" and yet at the same time your token is not a security and buyers cannot make money directly from buying it. Give me a break. You are like an ugly-looking judge in a beauty contest.
Reggie questioned ICO pitches on value proposition yet VERI's value proposition itself is null & void.
Why? Because the token is recyclable and resellable indefinitely (cannot be burnt, can be used, recycled, resold, and reused over and over again).
Veritaseum as a company (not as a token) value proposition is high (but then there is no barrier to entry), but none of us has any part of it.
Why? Because the company is a private entity, and the VERI token is just prepaid fee.
Let the one without sin cast the first stone.
If you want to judge others, make sure you yourself are qualified first.
As an objective person, I don't deny Veritaseum as a company has high value proposition, but I also do not deny the token's value proposition is null & void.
If I am spreading fud, then even the good things I said about the company can't be true as well.
In other words, Veritaseum as a company has invalid value proposition, if it is true that I am a fudster.
It's all or nothing. You can't cherry pick which part of my fud is right, and which part is wrong based on your personal subjective whims and fancy.
By the way, most of those ICO pitches are like contestants in American Idol or something similar, i.e. out of many tens of them maybe only 1 will be legit.
Why? Because the token is recyclable and resellable indefinitely (cannot be burnt, can be used, recycled, resold, and reused over and over again).
Veritaseum as a company (not as a token) value proposition is high (but then there is no barrier to entry), but none of us has any part of it.
Why? Because the company is a private entity, and the VERI token is just prepaid fee.
Let the one without sin cast the first stone.
If you want to judge others, make sure you yourself are qualified first.
As an objective person, I don't deny Veritaseum as a company has high value proposition, but I also do not deny the token's value proposition is null & void.
If I am spreading fud, then even the good things I said about the company can't be true as well.
In other words, Veritaseum as a company has invalid value proposition, if it is true that I am a fudster.
It's all or nothing. You can't cherry pick which part of my fud is right, and which part is wrong based on your personal subjective whims and fancy.
By the way, most of those ICO pitches are like contestants in American Idol or something similar, i.e. out of many tens of them maybe only 1 will be legit.
From Reggie Middleton today.
Veritaseum will be assisting very high quality companies to launch tokens that are attractive to fundamental investors across the globe. Expect these assets to be available through VeADIR. See Reggie Middleton pose questions to token startups in San Fran.
https://www.youtube.com/watch?v=P2IMS7P6JAo&t=216s
Veritaseum will be assisting very high quality companies to launch tokens that are attractive to fundamental investors across the globe. Expect these assets to be available through VeADIR. See Reggie Middleton pose questions to token startups in San Fran.
https://www.youtube.com/watch?v=P2IMS7P6JAo&t=216s
Also, from Reggie Middleton today.
We'll pay contract beta testers of the new VeADIR Beta 9.2.00 in VeGOLD VERI.subtokens, which are fully redeemable for .9999 fine physical gold.
Wanted, are those Intimately familiar with VeADIR, strong experience in testing distributed software/web UIs & family offices & funds.
We'll pay contract beta testers of the new VeADIR Beta 9.2.00 in VeGOLD VERI.subtokens, which are fully redeemable for .9999 fine physical gold.
Wanted, are those Intimately familiar with VeADIR, strong experience in testing distributed software/web UIs & family offices & funds.
What makes u spawn these spin-off futile tokens, can u tell me? None of them can be exchanged for physical commodity simply because u have zero backing, and u know that better than me. Now, having acknowledged everything I said above, u should shut up and try to come off like a nice dude with apology for having been snapped. Selling bread sticks in holocoust time is in the same vein with selling snip token which, u insist, could be redeemed for gold. How would u ship those gold plates, maybe wrap them in selofan and pack it all in a parcel, for further delivery by shipping cargo or what.
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