VERITASEUM DISCUSSION THREAD - page 48.

azmojo

sr. member

Activity: 476

Merit: 251

Quote from: crossing on November 10, 2017, 04:48:39 AM

Thank you for your reply Ant1Tr0ll
So if VERI sells them out again (to whom? customer or ?) in what form will this happen? Veri sells directly to customers? If yes then there will be no VERI tokens on any exchange anymore and you cannot buy it on etherdelta for example because there will be no more VERI tokens there. The result will be no more supply-demand price determination on an exchange? Those 5000 tokens go directly from VERI to customer through Veri. Not etherdelta. Then there is no need for any exchange market like bittrex, polinex etc...........

I am trying to understand the life of a token and where it exactly goes from point A to point B to point C etc........When VERI has the 5000 used tokens will these 5000 tokens find its way back to any exchange like etherdelta or others?
crossing

VERI does and will sell tokens to institutional buyers in large quantities at market prices or at a small premium.

Ant1Tr0ll

member

Activity: 71

Merit: 10

Quote from: crossing on November 10, 2017, 04:48:39 AM

Quote from: Ant1Tr0ll on November 09, 2017, 03:52:10 PM

Quote from: crossing on November 09, 2017, 10:46:41 AM

When, for example, a company uses 5000 tokens for Veri purposes. They insert (so to speak) these very-coins into the Veri machine (so to speak). Then what happens to these used 5000 tokens? I think they then belong to Reggie/Veritaseum? The big question = how do these 5000 used-coins come back into the market or exchange or wherever? Will Reggie sell them through a Veri-dashboard (like Salt)?
I have no idea how the veri coins get sold again and again and again and again and who/what determines the new sales price for the used coins. Where does new demand buy the used tokens?

crossing

As I understand it, they go back to Veritaseum for redistribution. VERI then sells them out again. It's in the company's best interest for all of the utility tokens to be put to use, thereby increasing network effect & benefitting from metcalf's law. Just like it benefits world of warcraft company to have more users of their game/platform. Value goes up exponentially as more people use the platform & there are more players. Just like there's more value to Facebook as there are more users of its platform.

VERI wil be in high demand once the platform gets up & running & people start to see the utility value/valuable use cases.

Thank you for your reply Ant1Tr0ll
So if VERI sells them out again (to whom? customer or ?) in what form will this happen? Veri sells directly to customers? If yes then there will be no VERI tokens on any exchange anymore and you cannot buy it on etherdelta for example because there will be no more VERI tokens there. The result will be no more supply-demand price determination on an exchange? Those 5000 tokens go directly from VERI to customer through Veri. Not etherdelta. Then there is no need for any exchange market like bittrex, polinex etc...........

I am trying to understand the life of a token and where it exactly goes from point A to point B to point C etc........When VERI has the 5000 used tokens will these 5000 tokens find its way back to any exchange like etherdelta or others?
crossing

Veritaseum has entered into a Memorandum of Understanding with Jamaica Stock Exchange. My guess is they'll probably be available for repurchase there once that exchange is up & running. It shouldn't be too much longer now. Big things coming! Grin

Oh... & did you see the picture on Reggie's twitter page (just posted about 40mins ago) of him shaking Obama's hand at their meeting in DC a few weeks ago? Change is a comin' to capital markets - Veritaseum style !!! Grin

crossing

newbie

Activity: 16

Merit: 4

Quote from: Ant1Tr0ll on November 09, 2017, 03:52:10 PM

Quote from: crossing on November 09, 2017, 10:46:41 AM

When, for example, a company uses 5000 tokens for Veri purposes. They insert (so to speak) these very-coins into the Veri machine (so to speak). Then what happens to these used 5000 tokens? I think they then belong to Reggie/Veritaseum? The big question = how do these 5000 used-coins come back into the market or exchange or wherever? Will Reggie sell them through a Veri-dashboard (like Salt)?
I have no idea how the veri coins get sold again and again and again and again and who/what determines the new sales price for the used coins. Where does new demand buy the used tokens?

crossing

As I understand it, they go back to Veritaseum for redistribution. VERI then sells them out again. It's in the company's best interest for all of the utility tokens to be put to use, thereby increasing network effect & benefitting from metcalf's law. Just like it benefits world of warcraft company to have more users of their game/platform. Value goes up exponentially as more people use the platform & there are more players. Just like there's more value to Facebook as there are more users of its platform.

VERI wil be in high demand once the platform gets up & running & people start to see the utility value/valuable use cases.

Thank you for your reply Ant1Tr0ll
So if VERI sells them out again (to whom? customer or ?) in what form will this happen? Veri sells directly to customers? If yes then there will be no VERI tokens on any exchange anymore and you cannot buy it on etherdelta for example because there will be no more VERI tokens there. The result will be no more supply-demand price determination on an exchange? Those 5000 tokens go directly from VERI to customer through Veri. Not etherdelta. Then there is no need for any exchange market like bittrex, polinex etc...........

I am trying to understand the life of a token and where it exactly goes from point A to point B to point C etc........When VERI has the 5000 used tokens will these 5000 tokens find its way back to any exchange like etherdelta or others?
crossing

wumBowo

sr. member

Activity: 770

Merit: 298

tozex.io

Quote from: ?? on ??

Great Chart Gallery of Veritaseum on BitScreener

wow this is kind of site that i'm looking for!,
thanks for sharing

paulmaritz

sr. member

Activity: 672

Merit: 274

Quote from: azmojo on November 09, 2017, 07:01:37 PM

Quote from: paulmaritz on November 09, 2017, 06:29:10 PM

Here is an interview Mike B recently did with Reggie: https://youtu.be/Xhr8sfF0uhg

P.S. I am not as active here as previously, but still a huge supporter of Veritaseum. I am still holding. Cool

Even though you're not as active you could still read the page before duplicating a post higher up on the same page though... (#2887)

Sorry, I did check, but it was late at this end and I am still sitting with this annoying headache. If all else fails, you can put me before a firing squad. No problem.

azmojo

sr. member

Activity: 476

Merit: 251

Quote from: paulmaritz on November 09, 2017, 06:29:10 PM

Here is an interview Mike B recently did with Reggie: https://youtu.be/Xhr8sfF0uhg

P.S. I am not as active here as previously, but still a huge supporter of Veritaseum. I am still holding. Cool

Even though you're not as active you could still read the page before duplicating a post higher up on the same page though... (#2887)

paulmaritz

sr. member

Activity: 672

Merit: 274

Here is an interview Mike B recently did with Reggie: https://youtu.be/Xhr8sfF0uhg

P.S. I am not as active here as previously, but still a huge supporter of Veritaseum. I am still holding. Cool

Ant1Tr0ll

member

Activity: 71

Merit: 10

Quote from: crossing on November 09, 2017, 10:46:41 AM

When, for example, a company uses 5000 tokens for Veri purposes. They insert (so to speak) these very-coins into the Veri machine (so to speak). Then what happens to these used 5000 tokens? I think they then belong to Reggie/Veritaseum? The big question = how do these 5000 used-coins come back into the market or exchange or wherever? Will Reggie sell them through a Veri-dashboard (like Salt)?
I have no idea how the veri coins get sold again and again and again and again and who/what determines the new sales price for the used coins. Where does new demand buy the used tokens?

crossing

As I understand it, they go back to Veritaseum for redistribution. VERI then sells them out again. It's in the company's best interest for all of the utility tokens to be put to use, thereby increasing network effect & benefitting from metcalf's law. Just like it benefits world of warcraft company to have more users of their game/platform. Value goes up exponentially as more people use the platform & there are more players. Just like there's more value to Facebook as there are more users of its platform.

VERI wil be in high demand once the platform gets up & running & people start to see the utility value/valuable use cases.

crossing

newbie

Activity: 16

Merit: 4

When, for example, a company uses 5000 tokens for Veri purposes. They insert (so to speak) these very-coins into the Veri machine (so to speak). Then what happens to these used 5000 tokens? I think they then belong to Reggie/Veritaseum? The big question = how do these 5000 used-coins come back into the market or exchange or wherever? Will Reggie sell them through a Veri-dashboard (like Salt)?
I have no idea how the veri coins get sold again and again and again and again and who/what determines the new sales price for the used coins. Where does new demand buy the used tokens?

crossing

Master mind

hero member

Activity: 691

Merit: 500

Nice price growth.

Wheelige

member

Activity: 238

Merit: 68

Do good things

I've heard good things about Mike B, awesome that Reggie is having a chat with him.

Virtuoso

legendary

Activity: 1120

Merit: 1002

Quote from: buyabit on November 08, 2017, 03:24:42 PM

Today from Reggie on Twitter: Veritaseum P2P Capital Markets Suite (VeADIR) beta 12 released, new features & bug fixes.

Things are falling into place. 2018 should be a very good year for moving the company forward.

I have to agree with you. 2018 will be a very big year for Veritaseum. The pictures of the beta release are looking very promissing to me. Nice and clean like it should be. Keep on with this good work.

buyabit

member

Activity: 247

Merit: 10

Today from Reggie on Twitter: Veritaseum P2P Capital Markets Suite (VeADIR) beta 12 released, new features & bug fixes.

Things are falling into place. 2018 should be a very good year for moving the company forward.

Ant1Tr0ll

member

Activity: 71

Merit: 10

Quote from: MaxLite on November 08, 2017, 11:15:24 AM

Their is basically no seller for veri... small demand can go long way... but id still advice to HODL because this thing is worth so much more than the ATH

agreed @MaxLite!

Ant1Tr0ll

member

Activity: 71

Merit: 10

Quote from: Chef Ramsay on November 08, 2017, 02:08:45 PM

Quote from: Acalon on November 05, 2017, 08:49:34 PM

Hope you guys snapped up loot at the bottom, tides have turned and this ship is on it's way northward now

Yep, backed the truck up a few days ago. Up 16% on the day plus everything else looks up too w/ the canceling of segwit2x.

well played Ramsay.... well played... (slow clap) Grin

Chef Ramsay

legendary

Activity: 1568

Merit: 1001

Quote from: Acalon on November 05, 2017, 08:49:34 PM

Hope you guys snapped up loot at the bottom, tides have turned and this ship is on it's way northward now

Yep, backed the truck up a few days ago. Up 16% on the day plus everything else looks up too w/ the canceling of segwit2x.

MaxLite

newbie

Activity: 2

Merit: 0

Their is basically no seller for veri... small demand can go long way... but id still advice to HODL because this thing is worth so much more than the ATH

Ant1Tr0ll

member

Activity: 71

Merit: 10

Quote from: crossing on November 07, 2017, 05:18:59 AM

Interview Reggie & Mike B from yesterday
https://www.youtube.com/watch?v=Xhr8sfF0uhg

Nice! Thanks for posting. Just checked it out - bottom line is VERI can do a LOTTA things. Most people have no idea !!! Grin

bek77

member

Activity: 112

Merit: 10

capitalization is still low

crossing

newbie

Activity: 16

Merit: 4

Interview Reggie & Mike B from yesterday
https://www.youtube.com/watch?v=Xhr8sfF0uhg

Topic: VERITASEUM DISCUSSION THREAD - page 48. (Read 251008 times)