Topic: VERITASEUM DISCUSSION THREAD - page 59. (Read 251040 times)
I don't see VERITASEUM make it into 2018. I'm cashing out. Best of luck to those who still believe.
The only thing which puzzles me: Is the team really so small?
That's a valid question.
But the article said the team is a scam partly because of a bad website is not justified.
Update:
Having said all that, I believe I have a part to play too. I would like to refer the Medium article writer to http://veritas.veritaseum.com/index.php/26-veritaseum-faq-frequently-asked-questions for clarification.
Personally I am far less worried about scam factor than the adoption of the Veritaseum platform by institutions.
Having said all that, I believe I have a part to play too. I would like to refer the Medium article writer to http://veritas.veritaseum.com/index.php/26-veritaseum-faq-frequently-asked-questions for clarification.
Personally I am far less worried about scam factor than the adoption of the Veritaseum platform by institutions.
The FAQ does not answer the points the article is critizing.
Anyway, the article addresses the bad website. The article is right on this. The website could be improved. But, there are some ICOs which does not offer a good website either. In addition, Reggie gives a lot of information on the progress on YouTube which is very good.
The only thing which puzzles me: Is the team really so small?
When people in the crypto space don't invest in it ( a lot of the investors have a tech back ground that understand how software development works) it shows they don't believe in Reggie tech skills. If outside investor were going heavy into it Tim Draper would be the first to jump in. I don't see any article on him investing in it or articles on outside investors. Show me an article of rich billionaires investing in veritaseum. Until then no proof. But this is an article explaining why people are dumping it or not interested in it. Lots of red flags. https://medium.com/@EthereumRussian/veritaseum-is-a-scam-c6e05fb1e4eb
So to your question on why its tanking. That article pretty much sums it up.I saw the website it was huge red flag for me. Thats what I always pay attention to is the first thing the website and the people behind it. Does the person running it have skills in software development and do they have a passion for that industry. If not its not something I am interested in. A good example is ethereum. It has huge community huge team and Vitalik tech saavy eat, breaths, sleeps ethereum. Reggie I don't think is tech saavy type and Crypto space is who different demon then the stock market.
So to your question on why its tanking. That article pretty much sums it up.I saw the website it was huge red flag for me. Thats what I always pay attention to is the first thing the website and the people behind it. Does the person running it have skills in software development and do they have a passion for that industry. If not its not something I am interested in. A good example is ethereum. It has huge community huge team and Vitalik tech saavy eat, breaths, sleeps ethereum. Reggie I don't think is tech saavy type and Crypto space is who different demon then the stock market.
I would say that if the Veritaseum team has any managerial competency, then they should take some effort (no matter the trouble) to debunk all the points mentioned in that article.
Sure the community can answer that for Reggie, but isn't that supposed to be Reggie's responsibility?
I believe it was not Youtube blogger CryptO that made Veritaseum famous, but Clif High and jsnip4.
I can see there are several wrong information/statement in that article that is biased towards Veritaseum but let's leave the work to Veritaseum team to debunk them, even if it means having to repeat the same answers all over again.
Like I said before, Veritaseum should have a comprehensive FAQ in place to answer/debunk such misinformation.
It doesn't really pay the team well by having to repeat the same work over and over again instead of having a comprehensive FAQ in place to conveniently do the same job.
But good that the team took my advice (or complain) for a FAQ, but still not complete/comprehensive enough.
That Medium article should provide further points to be added into the FAQ.
Despite my nickname, Veritaseum team would be far better off if it swallows its pride and take my advice.
Yes, a comprehensive FAQ can make a huge difference that even Reggie can fail to see.
Edit:
An ICO can have nice website with great team (ref: SALT Lending), but even then many are now shouting scam despite such niceties.
Update:
Having said all that, I believe I have a part to play too. I would like to refer the Medium article writer to http://veritas.veritaseum.com/index.php/26-veritaseum-faq-frequently-asked-questions for clarification.
Personally I am far less worried about scam factor than the adoption of the Veritaseum platform by institutions.
Update #2:
I personally think the Gnosis report numbers were not plucked out of thin air, but derived from very specific questions asked, much like the ones asked in its report on Ripple.
When people in the crypto space don't invest in it ( a lot of the investors have a tech back ground that understand how software development works) it shows they don't believe in Reggie tech skills. If outside investor were going heavy into it Tim Draper would be the first to jump in. I don't see any article on him investing in it or articles on outside investors. Show me an article of rich billionaires investing in veritaseum. Until then no proof. But this is an article explaining why people are dumping it or not interested in it. Lots of red flags. https://medium.com/@EthereumRussian/veritaseum-is-a-scam-c6e05fb1e4eb
So to your question on why its tanking. That article pretty much sums it up.I saw the website it was huge red flag for me. Thats what I always pay attention to is the first thing the website and the people behind it. Does the person running it have skills in software development and do they have a passion for that industry. If not its not something I am interested in. A good example is ethereum. It has huge community huge team and Vitalik tech saavy eat, breaths, sleeps ethereum. Reggie I don't think is tech saavy type and Crypto space is who different demon then the stock market.
So to your question on why its tanking. That article pretty much sums it up.I saw the website it was huge red flag for me. Thats what I always pay attention to is the first thing the website and the people behind it. Does the person running it have skills in software development and do they have a passion for that industry. If not its not something I am interested in. A good example is ethereum. It has huge community huge team and Vitalik tech saavy eat, breaths, sleeps ethereum. Reggie I don't think is tech saavy type and Crypto space is who different demon then the stock market.
please spread the fear so the weak hands drop and I fill my pockets with cheap VERI. If you're not interested in it why go on this forum and post, a real low life
A post like this is a immediate ignore button.
When people in the crypto space don't invest in it ( a lot of the investors have a tech back ground that understand how software development works) it shows they don't believe in Reggie tech skills. If outside investor were going heavy into it Tim Draper would be the first to jump in. I don't see any article on him investing in it or articles on outside investors. Show me an article of rich billionaires investing in veritaseum. Until then no proof. But this is an article explaining why people are dumping it or not interested in it. Lots of red flags. https://medium.com/@EthereumRussian/veritaseum-is-a-scam-c6e05fb1e4eb
So to your question on why its tanking. That article pretty much sums it up.I saw the website it was huge red flag for me. Thats what I always pay attention to is the first thing the website and the people behind it. Does the person running it have skills in software development and do they have a passion for that industry. If not its not something I am interested in. A good example is ethereum. It has huge community huge team and Vitalik tech saavy eat, breaths, sleeps ethereum. Reggie I don't think is tech saavy type and Crypto space is who different demon then the stock market.
So to your question on why its tanking. That article pretty much sums it up.I saw the website it was huge red flag for me. Thats what I always pay attention to is the first thing the website and the people behind it. Does the person running it have skills in software development and do they have a passion for that industry. If not its not something I am interested in. A good example is ethereum. It has huge community huge team and Vitalik tech saavy eat, breaths, sleeps ethereum. Reggie I don't think is tech saavy type and Crypto space is who different demon then the stock market.
It's ok, give the project a year or two and this software token will be higher in price. Give it three to five years and the software will be very valuable I'm sure.
It is very likely people are selling because of the coming hard fucks, I mean forks, of ethereum and bitcoin.
While Reggie may be working like a horse selling millions of VERI to institutions/governments/etc, he certainly won't be happy selling them for USD 60+ instead of USD 100+.
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
Well you believe wrong, the price does not matter one bit at this moment, not for Reggie and not for me as an investor. I'm actually VERI happy with the tanking, I hope it stays this way so I can keep stacking.
I agree it is time to pick up more, I have all I think I will ever need though. I can't lie though, if it could multiple a little bit though I would like to cash out some to fund some plans of mine
I am not telling you what to do.
But in my experience cashing out of a rising star is the biggest mistake people can make in investing. It's actually the sinking boats that have to be abandoned ASAP or when the water is at your knees.
In my opinion VERI has a lot of potential, real world potential, not just mumbo jumbo shiny website but no project that most ICO tokens put out. It has a lot of energy behind it, so in my opinion it will be successful.
Now why on earth would somebody want to abandon something that can potentially be very successful?
Abandon a high probability positive thing to a low probability (uncertain) positive thing? I think that's foolish.
You're spot on. Volatility is part of the crypto game. You can't make money if you emotionally react to volatility.
True but... time frame is everything. You can ride up to $500 and wish you cashed out when it goes down to $100 again... but... 3 years later it is sitting at $5,000 and you are glad you didn't. It's just a time frame game depending on your personal needs at any given time.
Circulating Supply 2,011,134 VERI
Total Supply 100,000,000 VERI
Total Supply 100,000,000.00 VERI
$ 7,177,000,000.00
no comment
Total Supply 100,000,000 VERI
Total Supply 100,000,000.00 VERI
$ 7,177,000,000.00
no comment
Oh jee Rick you're so clever with your rhetoric. Except, isn't this a comment in of itself?
While Reggie may be working like a horse selling millions of VERI to institutions/governments/etc, he certainly won't be happy selling them for USD 60+ instead of USD 100+.
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
Well you believe wrong, the price does not matter one bit at this moment, not for Reggie and not for me as an investor. I'm actually VERI happy with the tanking, I hope it stays this way so I can keep stacking.
I agree it is time to pick up more, I have all I think I will ever need though. I can't lie though, if it could multiple a little bit though I would like to cash out some to fund some plans of mine
I am not telling you what to do.
But in my experience cashing out of a rising star is the biggest mistake people can make in investing. It's actually the sinking boats that have to be abandoned ASAP or when the water is at your knees.
In my opinion VERI has a lot of potential, real world potential, not just mumbo jumbo shiny website but no project that most ICO tokens put out. It has a lot of energy behind it, so in my opinion it will be successful.
Now why on earth would somebody want to abandon something that can potentially be very successful?
Abandon a high probability positive thing to a low probability (uncertain) positive thing? I think that's foolish.
You're spot on. Volatility is part of the crypto game. You can't make money if you emotionally react to volatility.
You can make lots of money with volatility. My point was more that your emotions shouldn't dictate how you react to it.
While Reggie may be working like a horse selling millions of VERI to institutions/governments/etc, he certainly won't be happy selling them for USD 60+ instead of USD 100+.
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
Well you believe wrong, the price does not matter one bit at this moment, not for Reggie and not for me as an investor. I'm actually VERI happy with the tanking, I hope it stays this way so I can keep stacking.
I agree it is time to pick up more, I have all I think I will ever need though. I can't lie though, if it could multiple a little bit though I would like to cash out some to fund some plans of mine
I am not telling you what to do.
But in my experience cashing out of a rising star is the biggest mistake people can make in investing. It's actually the sinking boats that have to be abandoned ASAP or when the water is at your knees.
In my opinion VERI has a lot of potential, real world potential, not just mumbo jumbo shiny website but no project that most ICO tokens put out. It has a lot of energy behind it, so in my opinion it will be successful.
Now why on earth would somebody want to abandon something that can potentially be very successful?
Abandon a high probability positive thing to a low probability (uncertain) positive thing? I think that's foolish.
You're spot on. Volatility is part of the crypto game. You can't make money if you emotionally react to volatility.
While Reggie may be working like a horse selling millions of VERI to institutions/governments/etc, he certainly won't be happy selling them for USD 60+ instead of USD 100+.
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
Well you believe wrong, the price does not matter one bit at this moment, not for Reggie and not for me as an investor. I'm actually VERI happy with the tanking, I hope it stays this way so I can keep stacking.
I agree it is time to pick up more, I have all I think I will ever need though. I can't lie though, if it could multiple a little bit though I would like to cash out some to fund some plans of mine
I am not telling you what to do.
But in my experience cashing out of a rising star is the biggest mistake people can make in investing. It's actually the sinking boats that have to be abandoned ASAP or when the water is at your knees.
In my opinion VERI has a lot of potential, real world potential, not just mumbo jumbo shiny website but no project that most ICO tokens put out. It has a lot of energy behind it, so in my opinion it will be successful.
Now why on earth would somebody want to abandon something that can potentially be very successful?
Abandon a high probability positive thing to a low probability (uncertain) positive thing? I think that's foolish.
You're spot on. Volatility is part of the crypto game. You can't make money if you emotionally react to volatility.
While Reggie may be working like a horse selling millions of VERI to institutions/governments/etc, he certainly won't be happy selling them for USD 60+ instead of USD 100+.
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
Well you believe wrong, the price does not matter one bit at this moment, not for Reggie and not for me as an investor. I'm actually VERI happy with the tanking, I hope it stays this way so I can keep stacking.
I agree it is time to pick up more, I have all I think I will ever need though. I can't lie though, if it could multiple a little bit though I would like to cash out some to fund some plans of mine
I am not telling you what to do.
But in my experience cashing out of a rising star is the biggest mistake people can make in investing. It's actually the sinking boats that have to be abandoned ASAP or when the water is at your knees.
In my opinion VERI has a lot of potential, real world potential, not just mumbo jumbo shiny website but no project that most ICO tokens put out. It has a lot of energy behind it, so in my opinion it will be successful.
Now why on earth would somebody want to abandon something that can potentially be very successful?
Abandon a high probability positive thing to a low probability (uncertain) positive thing? I think that's foolish.
LAToken is organizing a forum to discuss about blockchain economy.
Maybe Reggie can consider participating to increase Veritaseum's brand exposure.
I can see the CEO of LAToken's approach is more towards collaboration than competition.
Certainly the kind of audience to encounter will not be the same.
http://blockchainforum.global/
Update:
Eh, I browsed through the participants and to my surprise found this guy named John Kim that's an advisor to Veritaseum.com.
Never thought the team has an advisor.
Maybe Reggie can consider participating to increase Veritaseum's brand exposure.
I can see the CEO of LAToken's approach is more towards collaboration than competition.
Certainly the kind of audience to encounter will not be the same.
http://blockchainforum.global/
Update:
Eh, I browsed through the participants and to my surprise found this guy named John Kim that's an advisor to Veritaseum.com.
Never thought the team has an advisor.
While Reggie may be working like a horse selling millions of VERI to institutions/governments/etc, he certainly won't be happy selling them for USD 60+ instead of USD 100+.
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
Well you believe wrong, the price does not matter one bit at this moment, not for Reggie and not for me as an investor. I'm actually VERI happy with the tanking, I hope it stays this way so I can keep stacking.
I agree it is time to pick up more, I have all I think I will ever need though. I can't lie though, if it could multiple a little bit though I would like to cash out some to fund some plans of mine
Clif High's new report is out today. Interesting mention of Germany with regard to Veritaseum. Remember the top 10 Exchange list? Maybe it is the Deutsche Boerse Reggie has been talking to.
The report discusses positive things for VERI, with "the 'unhappy times' begrudgingly being 'faded memories' in the fastest rate in the late Jan timeframe.
Translation: BUY THESE DIPS, you will be glad you did.
The report discusses positive things for VERI, with "the 'unhappy times' begrudgingly being 'faded memories' in the fastest rate in the late Jan timeframe.
Translation: BUY THESE DIPS, you will be glad you did.
I have to admit that it's tough to understand what clif is saying sometimes. It's like a different language.
While Reggie may be working like a horse selling millions of VERI to institutions/governments/etc, he certainly won't be happy selling them for USD 60+ instead of USD 100+.
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
So even though it is affected by "amateurs", the price tanking is still very much a relevant thing to Reggie (I believe).
Well you believe wrong, the price does not matter one bit at this moment, not for Reggie and not for me as an investor. I'm actually VERI happy with the tanking, I hope it stays this way so I can keep stacking.
Clif High's new report is out today. Interesting mention of Germany with regard to Veritaseum. Remember the top 10 Exchange list? Maybe it is the Deutsche Boerse Reggie has been talking to.
The report discusses positive things for VERI, with "the 'unhappy times' begrudgingly being 'faded memories' in the fastest rate in the late Jan timeframe.
Translation: BUY THESE DIPS, you will be glad you did.
The report discusses positive things for VERI, with "the 'unhappy times' begrudgingly being 'faded memories' in the fastest rate in the late Jan timeframe.
Translation: BUY THESE DIPS, you will be glad you did.
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