Topic: VERITASEUM DISCUSSION THREAD - page 160. (Read 251040 times)

Would be great if you can give us a complete timeline/roadmap.

Dude, what Reggie meant is whether you have contact with top government officials or top financial magnates/deal-makers/decision-makers from major financial institutions.

Exactly Reggie.

P.S. Forgive me for thinking that you're going to need bodyguards pretty soon. There are people out there that will do anything to remain in power. Once they fully grasp the power and potential of the Veritas software, they might get extremely desperate.

I'll take that as a challenge, cos i'll be there next week, for a while. I know noone there right now, but i'll be wearing my Bitcoin t-shirts and badges, so lets see who starts talking.

It is now quite obvious that many have purchased Veritas software without fully grasping what they are now in possession of. I see many are willing to sell their software to others for 5x to 50x short term gains. Mere short term gains are nothing compared to what the platform, when powered by the right staff (I'm looking at some very capable people for biz dev - with a rolodex of several decibillion dollar clients -  each), is capable of. Anybody who read the article on Veirtas.PanCarib and doesn't realize that they are sitting on little bit and pieces of a global macroeconomic nuclear value bomb really, really shouldn't be owning this stuff and is likely much better off trying to grab those 5x-50x returns.
Jamaica and the caribbean are just the beginning. We have and entire WORLD to conquer! :-)

If you have a contact, hook us up and we'll make a sales call that will be too good to resist.

One thing that you forgot to mention, that everyone on YoutTube is forgetting to mention, is that Etherdelta is DECENTRALIZED!!! The entire reason for dealing in Bitcoin or Ethereum or even Veritaseum for that matter, is to obtain and retain AUTONOMOUS control of your own assets. EVery single major exchange requires you to relinquish possession, control and custody of your private keys to them. That means:

• if they decide they don't like you - they can take your stuff.
  If the government decides they don't like you - they can take your stuff.
  If the government decides they don't like your exchange - they can take your stuff.
  IF a rogue employee decides they don't like you or their employer - they can take your stuff
  IF a hacker decides they like your stuff more than they like their own stuff, they can take your stuff
  IF a virus or malware program gets a hold of the proper stuff - they can take your stuff
  IF the server farm crashes  - you can lose access to what use to be your stuff

The hole premise of crypto is autonomy vs. heteronomy. Do a search for that term on blog.veritaseum.com. The reason why Etherdelta likely went down is because of the amount of traffic that we threw at them for Veritas. If I'm not mistake, there is no central server, the system is run through a chain of primary contracts and helper contracts - like Veritaseum solutions on Ethereum. If you sit back and think about it, it's pretty amazing that one person put this together. All he really needs is a good UI/UX guy/gal to help him clean up the appearance and front end performance.

@Reggie

Anything Dubai related, on the near horizon? The government there, appear very receptive to blockchain innovation, currently.

Hey guys and gals

Getting a bit frustrated hearing that people think EtherDelta is complicated! I'm hearing certain people on YouTube vids say the same too! I figured it out in about half an hour. It's really easy and it actually works and it has been around for some years now with no problems. And I ain't a genius. 

It's been well said that if you cannot figure out a simple interface like EtherDelta, well, maybe you have no business trading these cryptos. Don't shoot the messenger but there is something in that saying, maybe. Sure buy and hold a bitcoin for a few years but if you cannot use a simple market interface then you can't really be taken seriously as a "trader", more of a "chancer"... LOL    Anyway again, that may or may not necessarily be my opinion so don't shoot me down, just relaying other statements from other places.

So what did I do....
I deposited some VERI with them, made an order but my order price was never hit - ok no big deal, so I transferred the VERI back to my personal ETH wallet off their exchange. All worked fine - I don't see any reason to stay away from this to be honest. This is a brave new world we are in now with all this crypto stuff and you gotta put some legwork in if you want to make profits. You can't just expect to ride the gravy train forever with these coins without working out a simple interface like EtherDelta. I know it is easier to just click a mouse once, maybe twice, in Coinbase and have $1millon magically appear in your account in 3 weeks after luckily riding "ScamCoin" up til it pops, but life ain't like that for most of us. You gotta get your hands dirty with this new frontier we call cryptos if you wanna keep avenues open to yourself.



So, that said...

Easiest way to run EtherDelta is on Chrome and download the MetaMask app as the middle man that will allow for smooth transactions.

Sign up to MetaMask with a password and MetaMask automatically connects to EtherDelta when you bring the page up. If you ever need to refresh EtherDelta to make something appear that hasn't updated, you just click "refresh cache". It's pretty self-explanatory. There is a simple guide on there too under "help" which can be read in about 2 minutes!

So bring up the VERI/ETH pair in EtherDelta using drop down coin menus at the top.

Sign into MetaMask BUT go into the application (click the fox head (!) on your toolbar) and connect to the REAL blockchain - by default it starts on a test blockchain thing... this won't work. At the top of the MetaMask application box you will see "test network" - click on it and the list if options appears - click on "Ethereum Main Net" to connect to the real ethereum blockchain.

Now you are ready to move coins.

So you have your VERI in your own person wallet, say, myetherwallet.com. You send some VERI to your MetaMask address and it appears in your EtherDelta wallet balance. BUT... this wallet is YOUR wallet with MetaMask, it is not in EtherDelta yet. To get it into the EtherDelta platform, you then type in the amount under "deposit" and it deposits it into under the EtherDelta balance... now it is in EtherDelta and not in your MetaMask wallet. You will see the balance update to under the heading "EtherDelta" instead of "Wallet".

Now that the coins are sitting with EtherDelta you can do some orders (either click to take the orders available on the orders list if you fancy filling one of them, or make your own pending order and submit it under "new order" box. It then appears in the order list waiting to be filled. It expires naturally after X amount of ETH blocks have been mined - you specify how many). The boxes actually say what you are supposed to put in them!!

If you cancel your order before expiry/filled then there is a small fee. If it runs out naturally or gets filled, no fee. If you click to take an order from someone else that you like, then you pay a small fee to fill that order. Simple. It's all very smooth and uncomplicated.

I guess many people in this cryptospace never touched stock markets, spreadbetting or traditional brokers in the past and so maybe get confused with a market order book. But don't be overwhelmed - it's not difficult once you look properly.

Anyway, once you want to withdraw your VERI or ETH or whatever back to your own wallet, you use the "withdraw" tab (NOT THE "TRANSFER" TAB) to take the coins from EtherDelta to your MetaMask wallet.

Then, once in your MetaMask wallet you can use the "transfer" tab to transfer them over to your myetherwallet.com wallet (or to any ETH address you like) for safe holding again. JUST MAKE SURE the ETH address you are transferring to takes ERC20 tokens like VERI (like myetherwallet.com does) else I believe the tokens will be lost - don't quote me on that but just make sure any wallet you ever send VERI to can take ERC20 tokens before you send anything. Once again, myetherwallet is brilliant for VERI so no probs with that.

Evertime you make a movement of coins EtherDelta always gives you a link to then track the transaction on the blockchain so you can see what is happening on the real blockchain itself.

That's all there is to it! Remember, you may need to hit "refresh cache" now and again to see EtherDelta display the latest info after you make some of these moves.

So come on peeps - if you wanna buy VERI now or sell or whatever, don't fear this EtherDelta thing - look how many years it's been around and honestly it's just not complicated.

The Jamaica story is HUUUUUGE. If Reggie can land one country, the sky is the limit for VERI.

Those Caribbean countries and many others accross the world are tied to the USD and the (so called and so published) 2% annual devaluation target, but there is no need for that anymore. Reggie, show them the way!

So Veritaseum aims to become a major player across the Caribbean countries, working out any "bugs" along the way.

And then it will be waiting in the wings, ready for when the Euro collapses.

I dont fully understand what VERI can do, no matter how many times I read the white paper, but I certainly wasnt expecting that.

You have to admire Reggies ambition

Currently most of the exchanges capacity have been stretched, I just hope big player will enter the race and come with a strong infrastructure to cope with the exponential rise in Crypto space

Just as a PSA I will be starting to distribute the bounties tommorow.

I hear you, tried to set up an ETH to VERI trade for some people on EtherDelta and the process was way more complicated than I had the patience for.

If you have the technical proficiency to trade there do it great deals to be had!

$25 with consistent $200k daily volume is quite impressive

http://coinmarketcap.com/assets/veritaseum/#charts

I think exchanges are so bogged down with current demand that adding another coin isn't high on their list. No big deal but it would be nice to pick some up at this price somewhere other than Etherdelta

Hello Fellow Veri owners!

 So excited about the opportunities ahead. I still dont see VERI on COINCAP???
Are you guys on a different site?
EDIT: I see its on coinmarketcap 

Thanks! Such an setup would be perfect for Veritaseum, since it allows zero counter party risk asset transactions. Something of this scope could be done by Nasdaq for instance, but the fees would eat you up. Not to mention the overhead of the infrastructure that would have to be built first for a centrally managed exchange like a Nasdaq.

The risk is the big selling factor, these trade partners don't have to trust each other, they just have to trust the blockchain.

21000 in gas will cost you about 42 cents currently. more complex contracts may double or quadruple that. Even so, we're talking less than the cost of a cup of coffee!

The latest from Reggie on Twitter ... if you're not excited to own Veritas ...

http://veritas.veritaseum.com/index.php/21-veritas-pancarib-what-would-the-euro-look-like-if-it-actually-worked

 

I can see VERI going to a $1000 before the end of the year. The potential is huge.

They must have re-listed it just now.