Topic: VERITASEUM DISCUSSION THREAD - page 164. (Read 251011 times)

I just tried to arbitrage away the crossed market and found EtherDelta to be very much below substandard.
Now I know why the arbitrage opportunity persists.
From this experience, I say EtherDelta isn't a reliable market (at least at the moment) to be used as reference.

Edit:
EtherDelta = fake market with too many glitches.

Yep, ive just worked out what is going on. Takes me back to the first exchange to trade NXT (GDEX). Had the same select-your-order trade system. Caught many people out, and caused mayhem with the charts, if i remember rightly.

Point is, on etherdelta, unlike other exchanges, the orders do not automatically get filled. So there can be a buy order of 1.000 ETH/VERI, while there are still sell orders below that. Users got to fill it themselves. So sell order of .3333 can be filled right now, if someone chooses to buy that particular sell order.
With exchanges like polo you will automatically get filled as low as possible.

The red orders are sales, the green orders are purchases. You can click on them to buy the sale or fill a buy order. That's for the center log, the one on the right side is for completed transactions. At least that is my understanding I haven't been using them for very long:)

1. Getting listed in the major crypto-exchanges will provide the necessary liquidity to ease adoption of your services as well as increases it.
2. As Veritaseum accepts only VERI for its services, thus its worth (as well as yours) is tied to the value of the VERI tokens.
3. If some form of dividend can be paid to VERI holders from profits made in providing Veritaseum's services, that may unlock the value of VERI token substantially (but this only comes after you have a working product).

First time ive looked at EtherDelta.

Whats the story with the crossed-market, on the order book?

We all have our reason for buying, and don't tell us not to look at the gains / profits of investing. Some of you threw in hundreds, some of us invested more so yes we'll be watching this token closely and hope it grows. If anyone wanted out of veritaseum they could easily sell for 5x profit right now, the rest of us are still here and waiting patiently to see how game changing this could be.

I believe all of us can find the answer why from within ourselves.

This kind of irrationality (buying things we don't understand) is widespread among us all, and not restricted to just a minority few.

Do you own VERI? If so, are you representing some buy-side institution? Or a billionaire? Or managing a big family fund consisting of illiquid assets?

1. No. If Apple issue new shares, they will publicly announce it, and the share price of Apple will adjust accordingly. It will NOT result in unlimited market cap.
2. No. The true representation of the value of the token is based on how large the capital market can be disintermediated that reflects the potential use of the token (at least from the existing market that we have, never mind of any new market that may crop up from such platform; if we don't have any existing market to serve as reference, but just talk about new market potential, then we are just dwelling in imaginary + fantasy talks), NOT the total float.

Edit:
It would be a great bigly help if Reggie/Veritaseum can list down (I am sure will not be exhaustive) the industries (along with its market size) that Veritaseum can tap into, at least to give a clearer (albeit simplified) picture of the potential of the project (no, I don't think that $1.635 quadrillion market figure that is inclusive of standardized products/services is an accurate picture).
This list can also be used as promotional material to the intended (but uninformed) potential customers of the platform to participate.

And I would like to see Veritaseum successfully tap into non-African origin markets, in America, Europe, and Asia as a proof of impact.

This guy gets it ... at least for finance ... now onto the rest of F.I.R.E. ... Insurance and Real Estate ... and healthcare ... and to be named later ... Insurance and Real Estate are not even included in the $1.635 Quadrillion ... but the guy who didn't get in and still doesn't want to get in @ 4:1 VERI:ETH assures me HE GETS IT ... you are buying into Goldman Sachs, Berkshire Hathaway, and every major insurance company, national bank, stock exchange, and currency exchange at their inception ... all in one purchase: when you buy VERI tokens ... if you don't want to invest every disposable dollar you have in this, you are still not getting it, imo ... or you have taken a vow of poverty, which is fine ... but why lurk around bitcointalk.org?


 
 

“Of course, like many who are new to this [blockchain] technology, we were skeptical of the claims being made.” says Catalyst Managing Partner Ward Corbett. “After being walked through Veritaseum’s capabilities, its potential becomes crystal clear to anyone paying attention. We are able to synthetically short European banks with the USDEUR pair or go long Google equity exposure by paying oil exposure. All in all, we can essentially custom design any bespoke exposure we can envision, literally in minutes.”

http://www.coindesk.com/press-releases/hedge-fund-trades-blockchain-without-bank/

This short article is over a year old, but well worth the quick read!

FOMO greed.

ETHA DELTA is back online now

Sense at last. Really am struggling to understand why people buy things they don't understand.

Bravo! Yes those who bought this software and can't or don't understand it should get a refund. Veritaseum is blazing a new trail, we can't drag along those who aren't ready for this journey!

Yeah. seems like it. https://coinmarketcap.com/exchanges/etherdelta/ shows data as of an hour ago...

Make sure your browser is up to date. I like Brave though Chrome or Firefox should be fine.
I notice if I leave Etherdelta open overnight the javascript process in the tab appears to lock up. Try a new tab. As of now, I see no Etherdelta market data.

Update: this appears to be a certificate issue with the CDN that etherdelta uses: https://gitter.im/etherdelta/etherdelta.github.io

I would monitor and not panic, the funds in your wallet should be accessible when the contract is reachable. I'm not at my trading computer or I would confirm.

Update2: as of 430PM EST time Etherdelta is showing orders and trades.

Etherdelta won't load, something is going on.  Overheated demand for VERI? 

That's not accurate. Download the Gnosis report to get a better understanding of the valuation framework that needs to be applied. It's free.

Let me help your translation. If Silverman Sachs bank advises a Caribbean nation to purchase 5 million VERI to set up a token exchange and valuation service, then all activity in that exchange will need VERI. Demand will be organic and real, for participants will have to buy or borrow VERI to get down. You guys are still thinking small potatoes of playing tricks to spike prices on exchanges. Personally, I don't care to chase exchanges. My goal is to boost organic demand by offering products, services and solutions that are available nowhere else, then sate that demand with supply if (and only if) it overwhelms the existing market of VERI holders. If you are looking for trading profits, you are in the wrong place. This is a software solution, not an investment. If you feel misled or misunderstood this product, email us and we will gladly refund your purchase price upon the return of your product - no questions asked!

Augur Forensic Analysis/Valuation Report Is Available for 4.5 VERI tokens http://veritas.veritaseum.com/index.php/20-the-augur-forensic-analysis-and-valuation-report-is-available Compare to Gnosis http://veritas.veritaseum.com/index.php/research-center/summary/2-research/1-gnosis-gno-forensic-valuation