>>That's pure speculation and overhyping it IMO.
I like him and his enthousiasm though.
Bix is probably basing this idea on Clif High's Web-Bot report regarding Veritaseum. I personally don't understand why high traffic would cause problems for an exchange, because, aren't they designed to handle huge volumes and traffic?... But I am expecting the price to rise a lot. I didn't know much about Veri during the ICO, but the more I learn, the happier I am owning some. I even bought more at EtherDelta for more than I originally paid during the ICO because I'm confident this is something to hang onto. And to think, I started out suspecting Reggie of being a scammer, but I have a lot of respect for him now and am glad to be a part of Veritaseum.
Topic: VERITASEUM DISCUSSION THREAD - page 139. (Read 251011 times)
Bix says something interesting about VERI around 11:50 mark in this video
https://youtu.be/8Df99uoo-1s
He says major exchanges are a bit scared of listing VERI (in a good way) as the demand surge will be overwhelming and they may not cope well with the inevitable price/demand explosion.
It has to happen, though... and soon.
https://youtu.be/8Df99uoo-1s
He says major exchanges are a bit scared of listing VERI (in a good way) as the demand surge will be overwhelming and they may not cope well with the inevitable price/demand explosion.
It has to happen, though... and soon.
That's pure speculation and overhyping it IMO.
I like him and his enthousiasm though.
Bix says something interesting about VERI around 11:50 mark in this video
https://youtu.be/8Df99uoo-1s
He says major exchanges are a bit scared of listing VERI (in a good way) as the demand surge will be overwhelming and they may not cope well with the inevitable price/demand explosion.
It has to happen, though... and soon.
why would they not cope with that? if there not enough coins the price will rise. https://youtu.be/8Df99uoo-1s
He says major exchanges are a bit scared of listing VERI (in a good way) as the demand surge will be overwhelming and they may not cope well with the inevitable price/demand explosion.
It has to happen, though... and soon.
Price rise imminent.
Also, if you haven't yet done so - Request that VERI be added to bittrex
https://support.bittrex.com/hc/en-us/requests/new?ticket_form_id=114093958872
In addition, if Reggie or someone close to him could provide an EVA account for Bittrex
Quote
Please provide an Enhanced Verified Account of team member on Bittrex. This team member must be either a core developer or a major shareholder (10% or more) of a company that backs the development of the coin. That member will need to submit identifying documents to get their account enhanced verified.
It's amazing how things turn around so fast. They are probably anticipating good news from the Jamaican stock exchange meeting/workshop.
Reggie - how did it go/is it going with the pan-Caribbean project so far? Hoping the trip was fruitful.
Price rise imminent.
Also, if you haven't yet done so - Request that VERI be added to bittrex
https://support.bittrex.com/hc/en-us/requests/new?ticket_form_id=114093958872
In addition, if Reggie or someone close to him could provide an EVA account for Bittrex
Quote
Please provide an Enhanced Verified Account of team member on Bittrex. This team member must be either a core developer or a major shareholder (10% or more) of a company that backs the development of the coin. That member will need to submit identifying documents to get their account enhanced verified.
however we really need a reliable exchange for veri.
i sent email to poloniex.
i invite all of you in the thread to do the same, because not only for the price increase, but also for easy to use, etherdelta is horrible. people can have fear to send here tokens.
i sent email to poloniex.
i invite all of you in the thread to do the same, because not only for the price increase, but also for easy to use, etherdelta is horrible. people can have fear to send here tokens.
Has HitBTC been approached to offer VERI ?
Volatility in Crypto-land. Nothing new for those watching this space. I agree that Etherdelta will be seen as cheap in the future. Somthing else that came to me recently was that the reserve tokens will be offered to high net worth purchasers. The corollary is that for small quantities, it doesn't make sense for Veritaseum to release new tokens; too much work to justify it.
A company or bank that isn't ready to purchase 10,000 - 100,000 tokens will have to buy on the market. A few companies soaking up the existing market offering will quickly swing the price higher. Weak hands will shake out, those convinced to hold will ask a higher premium. Wash and repeat.
The float is our friend.
https://target.scene7.com/is/image/Target/18838369?wid=360&hei=360&qlt=80&fmt=pjpeg
A company or bank that isn't ready to purchase 10,000 - 100,000 tokens will have to buy on the market. A few companies soaking up the existing market offering will quickly swing the price higher. Weak hands will shake out, those convinced to hold will ask a higher premium. Wash and repeat.
The float is our friend.
https://target.scene7.com/is/image/Target/18838369?wid=360&hei=360&qlt=80&fmt=pjpeg
Nobody said it was easy. Being a successful entrepreneur takes patience,perseverance, knowledge, understanding and BIG BALLS!!!
however we really need a reliable exchange for veri.
i sent email to poloniex.
i invite all of you in the thread to do the same, because not only for the price increase, but also for easy to use, etherdelta is horrible. people can have fear to send here tokens.
i sent email to poloniex.
i invite all of you in the thread to do the same, because not only for the price increase, but also for easy to use, etherdelta is horrible. people can have fear to send here tokens.
Bix says something interesting about VERI around 11:50 mark in this video
I find his comment on the off chain trades to be fascinating. Obviously the exchange is taking a fee for all transactions, for these to occur off chain means their overhead is lower. Reading between the lines, it seems there is some incentives ala allocated shares that the exchanges usually operate off of. Either that or they participate in ICOs. Because Veritaseum was practically under the radar it must have caught the big boys off guard. Another reason why fundamentals triumph over flashiness.
I believe bix's estimate of price action is valid. Another reason for the main exchanges to sit it out is there may be some wild price action when its' first listed and they don't want to answer questions about volatility. I'm actually surprised that Coinbase reverted those ether trades from last week during the flash crash. This is unfortunately a sad precedent for ethereum, including the original DAO. If a blockchain is not immutable, and market trades are not set in stone it removes a lot of trust in a platform.
Price wise we're still near a 10x multiple from the Crowdsale in ether. I believe bringing this to major exchange could bring that to 50x ( 1.5 ). Further price action depends on products and services being rolled out from Veritaseum.
Bix says something interesting about VERI around 11:50 mark in this video
https://youtu.be/8Df99uoo-1s
He says major exchanges are a bit scared of listing VERI (in a good way) as the demand surge will be overwhelming and they may not cope well with the inevitable price/demand explosion.
It has to happen, though... and soon.
https://youtu.be/8Df99uoo-1s
He says major exchanges are a bit scared of listing VERI (in a good way) as the demand surge will be overwhelming and they may not cope well with the inevitable price/demand explosion.
It has to happen, though... and soon.
yes ico is done and believe bounties have been paid. the coin is still selling for very cheap on etherdelta but shudnt for long.
Very cheap? You got 30 VERI for 1 ETH at ICO, now, only two weeks later you get less than 4 VERI for 1 ETH. There is a total supply of 100,000,000 VERI, this would mean a market cap of $8,000,000,000 with current prices. Are you kidden me?
Don't think he's kidden you. You are aware that it only trades on one "experimental" exchange that is widely viewed as difficult to use and is boycotted for that. Only 1.9M tokens were purchased out of 100M, the other large share blocks are reserved for banks and sovereigns. Very small float. You may want to research a little to understand the opportunity. Many feel here the way things are structured, that the price will rise significantly once VERI makes it's way to a large exchange.
The opportunity to profit exists right now before it gets listed for trade in a major venue.
Absolutely. Without a doubt.
It is going down with the rest, but how low it will go is probably anyone's guess. Personally I deem VERI tokens to be super cheap at current price levels.
yes ico is done and believe bounties have been paid. the coin is still selling for very cheap on etherdelta but shudnt for long.
Very cheap? You got 30 VERI for 1 ETH at ICO, now, only two weeks later you get less than 4 VERI for 1 ETH. There is a total supply of 100,000,000 VERI, this would mean a market cap of $8,000,000,000 with current prices. Are you kidden me?
Don't think he's kidden you. You are aware that it only trades on one "experimental" exchange that is widely viewed as difficult to use and is boycotted for that. Only 1.9M tokens were purchased out of 100M, the other large share blocks are reserved for banks and sovereigns. Very small float. You may want to research a little to understand the opportunity. Many feel here the way things are structured, that the price will rise significantly once VERI makes it's way to a large exchange.
The opportunity to profit exists right now before it gets listed for trade in a major venue.
Absolutely. Without a doubt.
Volatility in Crypto-land. Nothing new for those watching this space. I agree that Etherdelta will be seen as cheap in the future. Somthing else that came to me recently was that the reserve tokens will be offered to high net worth purchasers. The corollary is that for small quantities, it doesn't make sense for Veritaseum to release new tokens; too much work to justify it.
A company or bank that isn't ready to purchase 10,000 - 100,000 tokens will have to buy on the market. A few companies soaking up the existing market offering will quickly swing the price higher. Weak hands will shake out, those convinced to hold will ask a higher premium. Wash and repeat.
The float is our friend.
A company or bank that isn't ready to purchase 10,000 - 100,000 tokens will have to buy on the market. A few companies soaking up the existing market offering will quickly swing the price higher. Weak hands will shake out, those convinced to hold will ask a higher premium. Wash and repeat.
The float is our friend.
Absolutely! I see VERI's price is falling on the back of extremely low volume. It is only the weakest of hands that are getting out now.
Volatility in Crypto-land. Nothing new for those watching this space. I agree that Etherdelta will be seen as cheap in the future. Somthing else that came to me recently was that the reserve tokens will be offered to high net worth purchasers. The corollary is that for small quantities, it doesn't make sense for Veritaseum to release new tokens; too much work to justify it.
A company or bank that isn't ready to purchase 10,000 - 100,000 tokens will have to buy on the market. A few companies soaking up the existing market offering will quickly swing the price higher. Weak hands will shake out, those convinced to hold will ask a higher premium. Wash and repeat.
The float is our friend.
A company or bank that isn't ready to purchase 10,000 - 100,000 tokens will have to buy on the market. A few companies soaking up the existing market offering will quickly swing the price higher. Weak hands will shake out, those convinced to hold will ask a higher premium. Wash and repeat.
The float is our friend.
Believer (metal cover by Leo Moracchioli): https://youtu.be/pLFR7dLtdY8 
yes ico is done and believe bounties have been paid. the coin is still selling for very cheap on etherdelta but shudnt for long.
Very cheap? You got 30 VERI for 1 ETH at ICO, now, only two weeks later you get less than 4 VERI for 1 ETH. There is a total supply of 100,000,000 VERI, this would mean a market cap of $8,000,000,000 with current prices. Are you kidden me?
Don't think he's kidden you. You are aware that it only trades on one "experimental" exchange that is widely viewed as difficult to use and is boycotted for that. Only 1.9M tokens were purchased out of 100M, the other large share blocks are reserved for banks and sovereigns. Very small float. You may want to research a little to understand the opportunity. Many feel here the way things are structured, that the price will rise significantly once VERI makes it's way to a large exchange.
The opportunity to profit exists right now before it gets listed for trade in a major venue.
Absolutely. Without a doubt.
yes ico is done and believe bounties have been paid. the coin is still selling for very cheap on etherdelta but shudnt for long.
Very cheap? You got 30 VERI for 1 ETH at ICO, now, only two weeks later you get less than 4 VERI for 1 ETH. There is a total supply of 100,000,000 VERI, this would mean a market cap of $8,000,000,000 with current prices. Are you kidden me?
Don't think he's kidden you. You are aware that it only trades on one "experimental" exchange that is widely viewed as difficult to use and is boycotted for that. Only 1.9M tokens were purchased out of 100M, the other large share blocks are reserved for banks and sovereigns. Very small float. You may want to research a little to understand the opportunity. Many feel here the way things are structured, that the price will rise significantly once VERI makes it's way to a large exchange.
The opportunity to profit exists right now before it gets listed for trade in a major venue.
yes ico is done and believe bounties have been paid. the coin is still selling for very cheap on etherdelta but shudnt for long.
Very cheap? You got 30 VERI for 1 ETH at ICO, now, only two weeks later you get less than 4 VERI for 1 ETH. There is a total supply of 100,000,000 VERI, this would mean a market cap of $8,000,000,000 with current prices. Are you kidden me?
The circulating supply is 1,967,276. The rest will be sold to large firms and other corporate entities that will mostly buy to use it.
P.S. Given the bigger picture, $8,000,000,000 is small change.
yes ico is done and believe bounties have been paid. the coin is still selling for very cheap on etherdelta but shudnt for long.
Very cheap? You got 30 VERI for 1 ETH at ICO, now, only two weeks later you get less than 4 VERI for 1 ETH. There is a total supply of 100,000,000 VERI, this would mean a market cap of $8,000,000,000 with current prices. Are you kidden me?
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