Topic: VERITASEUM DISCUSSION THREAD - page 163. (Read 251011 times)

Would be #4 on www.coinmarketcap.com ... right behind BTC, ETH, and XRP ... but nothing to see here ... move along ... probably a scamcoin


 

50$ for 1 VERI would make a market cap of 5 billion, thats huge!

If you guys want VERI listed on the larger exchanges, you have to make sure they hear your voices. You are what pay their bills, after all. Send this form letter in, with your customizations, of course (very important, this is just a guideline). Most in the crypto space don't understand what Veritaseum is, and most VERI holders have absolutely no idea what they have on their hands. I'm working on a blog post to put this into perspective, but this should educated some in the meantime.

I am writing you on behalf of the holders of Veritaseum (VERI) token. Currently, the VERI token can be traded only on the https://etherdelta.github.io/#ETH-VERI platform, which is not very intuitive nor user friendly. Our community firmly believes that this token has very high intrinsic value and holds immense potential. This token has many unique features which is backed by excellent Veritaseum team. So what exactly is Veritaseum? To quote Veritaseum CEO Reggie Middleton:

_We are the closest thing to an entity that offers full-service investment bank offerings without being an investment bank. We do this by leveraging the power of the blockchain and smart contracts, along with a truly ‘start from scratch’ mentality when it comes to designing business models. Instead of trying to bring old school, extant business models into the Blockchain age, we create brand new business models designed specifically to leverage the abilities of the bleeding age tech. In doing so, we take industry verticals such as asset management, brokerage, merchant banking, etc. and create machines that replicate the services traditionally offered, with improvements in speed, transparency and safety… at zero practical margin. Yes, we give away the crown jewels for free, or close to free._
Veritas is an appkey, not a security or a currency. It has existing products that if offers in the here and now, such as a value trading platform (currently removed from public use) and high end forensic analysis of entity and platform digital tokens such as those issued by Ripple, Gnosis, Augur and Dash. See http://veritas.veritaseum.com/index.php/20-the-augur-forensic-analysis-and-valuation-report-is-available and http://veritas.veritaseum.com/index.php/16-the-gnosis-gno-forensic-analysis-and-valuation-report-our-inaugural-digital-asset-research-release for samples. They also do risk adjusted return analysis – reference http://veritas.veritaseum.com/index.php/12-using-veritas-to-construct-the-perfect-digital-investment-portfolio-how-to-value-hard-to-value-tokens-pt-1.
The excellent Veritaseum team is not resting idly on their laurels of the successful ICO offerings. Their plans for the imminent future are huge. Mr. Reggie Middleton is revealing some short term plans below:

_Veritaseum's founder is approaching the central banks and major exchanges of several Caribbean nations to create a "super euro" for the pan Caribbean bloc using the Veritas technology and platform. This will be a first in the industry and Mr. Middleton believes this can out the GDP of said bloc above that of Singapore and the UAE. He has arranged to meet his first sovereign nation’s leaders in less than two weeks and is promising aggressive rollouts that can alpha in less than 30 days. Reference https://drive.google.com/open?id=0By5WJsM3KjltUkMwMW1rV01nZk0

We are closely monitoring the Cryptosphere for the last two weeks, focusing primarily on acceptance/interest for the VERI token. We can see tremendous interest among Crypto traders. Having the highest volume of all currencies on Etherdelta (daily volume between $ 300 000 to $ 600 000) despite clunky web interface and partial website downtime is very good indicator of the huge interest within crypto community for this token.

We wish you all the best and hope that this letter will encourage you to list our precious token at your excellent exchange.

It is totally right since as stated from Reggie in the beginning, there 100 million tokens available and abt 2% were sold in the ICO that leaves the rest in Veritaseum's pocket for further sale to big institutions.
The implications are free for everyone to ponder on.

etherdelta is complete junk and this is the reason i am unable to buy, constantly saying i dont have enough eth for transaction when i do

I was reading about veritaseum and I noticed that alot of the same people advertise about it on youtube.
Then I read a reaction about a transaction:

https://www.youtube.com/watch?v=V4HcfKcaGRA&lc=z13qivabfvbqtd10p23xxfbh1taoh1doj04

And who can tell me why these two addresses still have ALOT of VERI tokens ? Doesnt seem right, or what am I missing here?

https://ethplorer.io/address/0x8f3470a7388c05ee4e7af3d01d8c722b0ff52374#tab=tab-holders

Here's another reference to Veritaseum which, in Clif High's opinion, has the potential to become the next big thing after bitcoin, even though it's started later than bitcoin. It is being compared to Google vs. Yahoo: Even though Yahoo came first in the advent of the internet (as with bitcoin in cryptospace), you were able to make fortunes if you invested early in Google (as with Veritaseum), which was founded some years later.

Here's the clip (minute 20:26 - 22:44):
https://youtu.be/qezrH2c5N3c?t=1226

Just reading someone freaking on a youtube crypto video comment board about the 3 dollar handle.

I say so what.  The exchange is broken.  At the end of the day wee fish like us are not the current target audience for VERI, and real price discovery is a way off.   Understanding the approach means patience is required.

Update: 2 mins ago a trade went through for .15 ETH.  That's over $50.  Panic button may now be released.

using altfolio with cryptocompare.com as price source... seeing $51.72 for VERI

The biggest screw up is EtherDelta (to those who said it isn't).
I've tried other pairs like TKN:ETH, DICE:ETH, PLU:ETH and its all the same; everything goes blank.
But VERI appears to be the talk of the chatroom.
VERI needs to be listed at the major exchanges for a much smoother price-discovery and better adoption.
I bet if I were representing some buy-side institution I wouldn't buy VERI at EtherDelta.

I've noticed that Trezor's prices are often a day behind.  How they arrive at them I don't know.

Price when trading resumes will be much closer to $48.72 than $3.16, for sure.

I saw that (http://coinmarketcap.com/assets/veritaseum/). Although, in my Trezor wallet it say Veritaseum is currently trading at $48.72. Which to believe?

$3.16 is the stuck price on coinmarketcap with the data feed from EtherDelta. With a trading system like EtherDelta,  how will accurate price history charts ever get drawn?  With this trading process somebody somewhere will mess up and make wildly off market offers. 

Like $3.16.

EtherDelta remains in crash mode.  

It's a bit of a struggle, but if you're through, the placing of orders etc. works exactly fine. You're welcome

Thanks Haddem, much appreciated.

That fixed the problem. The confusing this was that in testnet it still showed my original deposit but nothing else and all balances were 0.00

Every day is a schoolday! Thanks for your help.

Your metamask is running on the testnet. It should be selected to the mainnet. Can be done through the extension itself.
If you click on the METMASK icon its on the topside of the window

Slightly off topic. but I deposited some ETH to Etherdelta and then set an order to buy some veritaseum. My balance was unchanged. I then add the chorme extension METAMASK to my chorome browser and went back to EhterDelta. It now shows all balances as 0.00 and displays an error message as 'You are connected to the Ethereum testnet. Please connect to the Ethereum mainnet.'?

Also my etherdelt address now has two addresses and all of my ETH was sent to this address?

Please explain.

I might add that Etherdelta is not user friendly and I've been using computers since the 80's!

No nothing wrong with it, but it's worth it to get some arbitrage in it. In keeps the orderbook clean, and takes up volume while taking some profit.

There is nothing wrong with etherdelta, the lack of automatic filling is actually a change to earn more money if people are not concentrating.

Already taking profits doing exactly this. havent been fast enough for the 1:1 ETH:VERI orders though