VERITASEUM DISCUSSION THREAD - page 156.

AltCity

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Quote from: kalisto on June 15, 2017, 09:26:25 AM

Sounds like a legit Air Castle Grin

Veritas or VERI are the Gift Card to access services of Veritaseum, a company run by Reggie Middleton. Reggie is quite out spoken and has made quite a few amazing and prescient calls. I think that being able to access those services would be valuable. At this point, in my estimate more valuable than the market price of VERI.

Those who misunderstood this value should liquidate or take Reggie up on his offer to refund your original purchase in ether.

kalisto

sr. member

Activity: 245

Merit: 250

Price: $ 55.60
Total Supply: 100,000,000.00 VERI
Market Cap: $ 5,560,000,000.00

Sounds like a legit Air Castle Grin

AltCity

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Activity: 107

Merit: 10

Quote from: someguy7 on June 15, 2017, 09:10:17 AM

Quote from: AltCity on June 15, 2017, 08:59:55 AM

Outstanding tokens are: 1,953,438.05539709 there are not two hundred million in circulation, nor are there 100 million circulating.

It's still unclear where this number is coming from or where it's being published.

It's recorded on the blockchain:
Veritas Issued: 100,000,000
Reserve in Cold Wallet: 98,046,561.94
Equals the ONLY VERI you can buy from the market: 1,953,438.05539709

someguy7

newbie

Activity: 15

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Quote from: AltCity on June 15, 2017, 08:59:55 AM

Outstanding tokens are: 1,953,438.05539709 there are not two hundred million in circulation, nor are there 100 million circulating.

It's still unclear where this number is coming from or where it's being published.

heymann

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Activity: 82

Merit: 10

Quote from: AltCity on June 15, 2017, 08:59:55 AM

Quote from: heymann on June 15, 2017, 08:35:21 AM

Quote from: BTCBusinessConsult on June 15, 2017, 08:26:17 AM

2 wallets ( people??) control 99.5% of the TOTAL VERI SUPPLY??? Uhhh..... Am I reading that wrong..... That seems..... Huh

If this is true how exactly did the outstanding tokens double to 200 mln?

Outstanding tokens are: 1,953,438.05539709 there are not two hundred million in circulation, nor are there 100 million circulating.

The link for ethplorer is not showing this logic correctly. It is a bug.

This address https://etherscan.io/address/0x44cab6f6dc7045fd4acd1d0f3d09fc7a83004bd3 created this contract: https://etherscan.io/address/0x599a4b8188676224d4c9b393b947e332b60b15e3 the crowdsale address.

https://etherscan.io/address/0x44cab6f6dc7045fd4acd1d0f3d09fc7a83004bd3 created the Token contract:
The address of the Veritaseum Token is at: https://etherscan.io/address/0x8f3470a7388c05ee4e7af3d01d8c722b0ff52374 this is what you use to show your VERI in your ERC20 wallet!

The original crowdsale explained here. https://blog.veritaseum.com/buy-veritas-tokens

The https://etherscan.io/address/0x82c48875C17EE5812f909a9d75C0F64f7A8719FE shows the remaining reserve tokens, that are not part of the outstanding float. I would say this is the cold-wallet for VERI and when large funds are sold from it then we can expect institutional investors to be announced. (it is also where you will see UltraCoin to VERI conversion occur)

And that's what's called a comprehensive analysis and conclusion. well done.

AltCity

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Activity: 107

Merit: 10

Quote from: heymann on June 15, 2017, 08:35:21 AM

Quote from: BTCBusinessConsult on June 15, 2017, 08:26:17 AM

2 wallets ( people??) control 99.5% of the TOTAL VERI SUPPLY??? Uhhh..... Am I reading that wrong..... That seems..... Huh

If this is true how exactly did the outstanding tokens double to 200 mln?

Outstanding tokens are: 1,953,438.05539709 there are not two hundred million in circulation, nor are there 100 million circulating.

The link for ethplorer is not showing this logic correctly. It is a bug.

This address https://etherscan.io/address/0x44cab6f6dc7045fd4acd1d0f3d09fc7a83004bd3 created this contract: https://etherscan.io/address/0x599a4b8188676224d4c9b393b947e332b60b15e3 the crowdsale address.

https://etherscan.io/address/0x44cab6f6dc7045fd4acd1d0f3d09fc7a83004bd3 created the Token contract:
The address of the Veritaseum Token is at: https://etherscan.io/address/0x8f3470a7388c05ee4e7af3d01d8c722b0ff52374 this is what you use to show your VERI in your ERC20 wallet!

The original crowdsale explained here. https://blog.veritaseum.com/buy-veritas-tokens

The https://etherscan.io/address/0x82c48875C17EE5812f909a9d75C0F64f7A8719FE shows the remaining reserve tokens, that are not part of the outstanding float. I would say this is the cold-wallet for VERI and when large funds are sold from it then we can expect institutional investors to be announced. (it is also where you will see UltraCoin to VERI conversion occur)

dave3

sr. member

Activity: 344

Merit: 250

This is my take on the Ethplorer listing. I could be wrong; I'm not an etherium expert.

I don't think the Ethplorer holders listing is intuitive.

The first token holder listed, as holding 100,000,000 VERI tokens is the Token Creator itself (compare the address to the Contract Information/Creator; they're the same).

The second token holder listed (the one that holds 98,046,561 VERI) appears to me to be a sort of "change" address, or the address that Veritaseum would be in control of to hold the balance of VERI that has not been issued out of the 100,000,000 total (for future use).

From #3 on down, those would be the private VERI holders.

heymann

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Activity: 82

Merit: 10

Quote from: BTCBusinessConsult on June 15, 2017, 08:26:17 AM

2 wallets ( people??) control 99.5% of the TOTAL VERI SUPPLY??? Uhhh..... Am I reading that wrong..... That seems..... Huh

Yes. And both addresses together add up to exactly almost double the outstanding tokens, which has the above accusations making absolutely no sense.

So someone explain why you believe there are 200 mln o/s tokens vs. 100 mln o/s.

If this is true how exactly did the outstanding tokens double to 200 mln?

BTCBusinessConsult

sr. member

Activity: 546

Merit: 250

Active Trading on EPIC5k and Spectre.Ai

2 wallets ( people??) control 99.5% of the TOTAL VERI SUPPLY??? Uhhh..... Am I reading that wrong..... That seems..... Huh

heymann

member

Activity: 82

Merit: 10

Quote from: namley on June 15, 2017, 08:04:41 AM

It is known.

https://ethplorer.io/address/0x8f3470a7388c05ee4e7af3d01d8c722b0ff52374#pageSize=100

look at the top holders, looking scammy

Can you explain what you mean by VERI looking "scammy"? I see nothing of the sort. What makes you come to that conclusion?

OPKatan

newbie

Activity: 9

Merit: 0

Quote from: namley on June 15, 2017, 08:04:41 AM

It is known.

https://ethplorer.io/address/0x8f3470a7388c05ee4e7af3d01d8c722b0ff52374#pageSize=100

look at the top holders, looking scammy

Swap yours for some Eth then, that bubble seems to be bursting.

namley

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Activity: 62

Merit: 10

It is known.

https://ethplorer.io/address/0x8f3470a7388c05ee4e7af3d01d8c722b0ff52374#pageSize=100

look at the top holders, looking scammy

someguy7

newbie

Activity: 15

Merit: 0

Quote from: Arwen Thebard on June 15, 2017, 06:49:06 AM

VERI now listed on coinmarketcap.com at $59.10

As I said, they can't seem to find the number of circulating supply (I couldn't find it as well) which is required to calculate the market cap and insert Veritaseum into the list of coins, sorted by market cap. It's strange that this number of circulating supply is basically unknown or not reported anywhere.

Arwen Thebard

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VERI now listed on coinmarketcap.com at $59.10

namley

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Activity: 62

Merit: 10

What is veritas exactly? I dont understand it and dont know why price is such high

dave3

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Activity: 344

Merit: 250

Like I said before, it's the exchanges and their users loss if they don't list VERI. Unless they've been living under a rock, surely they're aware of Veritaseum by now.

I'll bet that it won't be long before one of them lists VERI. The first one will have the advantage of being the only major exchange to trade it for awhile (until the next ones follow).

Arwen Thebard

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Quote from: Gen6:6 on June 15, 2017, 02:05:27 AM

Anyone heard any rumblings about a major exchange listing VERI yet?

Seems there's so much buzz about VERI that I'm amazed no exchange wants to make some easy money by just listing it before their rivals and stand back as the customers fight through the door to buy some...

I was thinking much the same.

Surely the exchanges read these forums and have other ways of keeping up to date with trends.

But things happen very quickly in this crypto market so maybe tomorrow it will appear across several exchanges at the same time.

Gen6:6

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Activity: 112

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Anyone heard any rumblings about a major exchange listing VERI yet?

Seems there's so much buzz about VERI that I'm amazed no exchange wants to make some easy money by just listing it before their rivals and stand back as the customers fight through the door to buy some...

Dorky

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Activity: 392

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Best IoT Platform Based on Blockchain

Quote from: jbl888 on June 15, 2017, 01:16:44 AM

He said $300 trillion

$300 trillion / $100 million = $3 million
Shocked

That $300 trillion was the "entire" capital market (even that figure is wrong).

Please refer to the video again @ 21:55 (you might even want to activate the subtitle).

Even if it's $300 trillion, that's 100% of his "entire" capital market, without considering the fee.

You need to know how the fee works on the value of the token; they are token for Veritaseum's services, not currency to buy coffee unless it is marketed as such. The fee is a big component to determining the value of the token relative to the size of the capital market that can be captured.

Nevertheless, he also said it's not going to happen.

Wait till I show you my estimation that's going to blow thru the roof of everything. Grin

jbl888

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Activity: 97

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He said $300 trillion

$300 trillion / $100 million = $3 million
Shocked

Topic: VERITASEUM DISCUSSION THREAD - page 156. (Read 251040 times)