Bitcoin Forum

Hi im hearing a lot of buzz on this new coin veil,im thinking about investing in it after going over their roadmap and website. Any advice on if you think this is smart?

Shut up, take my money. It is funny how some people try to shill a coin, there is nothing special about this coin apart from the privacy claim. You can speculate on this if you like but do not invest what you can't afford to do because I don't see what separate if from other privacy coin and also lack strong community and big whales to help pump its price

Investing in viel project is a very good idea, the project seems promising with their unique team. Apart from all this viel has alot to deliver to the crypto community.

Why do you think that there is nothing special? For example, they combined ringCT + Zerocoin protocol, moreover, open transactions are completely excluded as it is implemented in Zcash.

Well i didn't heard so much about Veil but i think it can be a good option to invest and if team continue development i think more people will invest on.

It it a good promising coin that can make you good returns since it is not very popular and has low market cappitalization.
I like their idea to create a coin without ICO, also their privacy solution looks good, I do not see anything bad connected to VEIL. Thumbs up  8).

Another privacy coins? We already have Monero, Zcash, and GRIN. What is new about veil? What I see interesting is about no ICO and no Premine, but there is a developer fee. I am not a fan of POS though, so I am not that interested.

I see no harm on this project since it looks like a community coin.

I think this coin have two big problems:
1. 50% all mined coins go to devs. Sooner or later they will dump all his coins.
2. Due to the latest vulnerability Zerocoin protocol (fundamental, that cannot be fixed), main feature Veil - privacy is disabled. The development of a new privacy protocol can take years.

We have many good privacy coins already but veil is worth it and I'm glad its part of my collections now ,the reason why I like veil is because of the teams ,they are pros and hardworking too

It is always good to include related links when you are asking doubts/suggestions. Now a days roadmap and strength and skill of dev team are not enough to assume about the future of a project. I have happened to see lots of well written and well concept based projects but its devs failed to keep their word or they have failed to build as per their plans. I mean do not rush to invest just based on few things.

You must follow for weeks to months before making the final decisions. Otherwise, risking a least amount would be a good idea. Anyway take your own time to do enough due diligence so that you may stay at safer side.

I did not see any development in this veil. But I think some big whales are available in this platform because two weeks before it was big jump and it was loose the half of the value in current scenario so surely it is little risk for new investors. I think sudden hype also possible so most peoples are like this project and anytime it will move backward.

what you are hearing is the "hype" that new project start online when they want their coin to be pumped. there is no way of knowing whether the coin is going to get pumped, when it is going to get pumped and by how much.
all you can say is that they plan on an upcoming pump. usually they succeed.

so the only thing to do in cases like this is to watch the market closely if you did see a rise in the volume and the price of that token to start then buy right away otherwise stay away and don't become a bag holder.
then the next step is to continue watching that market to find the best time to dump it before the pump ends and you miss your chance of selling.

Hahaha,  this is very harsh bro, not cool to talk to people this way even if he was trying to shill the coin, I am very good at getting drillers but I don't think he is one of them, he is just looking for interesting topics he could come up with in order to be rewarded by Merits and not trying to shill, when you see a Schiller, you will definitely know it, veil is kind of a good project but I am still yet to study it.

Me too, I have been hearing some positive news and development about the privacy coin Veil. I have been following it for the past one month. It has been performing well in the market. The team seems very much strong and what is interesting is that it has not launched any ICO, STO or IEO, to collect funds to support the project. It has personal investment. I think the project will rock.

Study the project, and if you feel this project will give you profit, don't hesitate.
I'm seeing their signatures everywhere in the forum, so more people are promoting in this project and they want to get some exposure.
Honestly though, if you want to make good money, just be aggressive on bitcoin now, ICO usually requires longer terms to grow.

Veil is the new privacy coin with full specifications and security apparatus. Presently there are about 3-4 ways of getting veil. Through buying on Exchange, trading, mining or staking. Staking could be done alongside regular trading to Maximize profits and be a hodler.

I think I have also heard one or two people in this forum or outside this forum tell me about this, but because of my busy schedule, I have not been able to check it out, but I believe I will do before I miss out of it, and if you are the one that will be researching first ahead of us, you can just give a brief hint of what their project is all about.

Also make sure that you verify the teams correctly, if you can contact them directly through LinkedIn, phone calls or video calls, please do because we have lots of scam projects that I have heard people hype the same way, but end up becoming a very bad project in the end.

I think this is a great coin to invest in. However, be careful, have time to sell. Perhaps this coin will not stand the competition and after a good start its price will go down.