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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)  |
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I'm happy but curious, because the price of PPT today skyrocketed up to 41% hope this is not a moment pump and indeed the performance of PPT really happens naturally.
Def not a momentary pump. The team is moving at lightning speed & it looks like they'll have a completely live workable product (beta coming in only a few days & they'll nail down security & usability issues once that comes out) for us to use as of January, 2018. The populous team was also smart to incorporate XBRL at a time when BTC forks would be coming & this stabilized the price. Management is doing a phenomenal job & updated the website in a v professional looking manner. They are bringing in PR & marketing at just the right time. V impressed with how the company is being managed & their recent moves bode v well for the future viability of the project. Populous FTW!!!!!!!! BOOMMMMMMMM!!!!!!!!!! |
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Great explanations and info on here, saves me going through all the videos and tweets  Great! Welcome to the community, Wheelige!  |
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Hi - can you share more information on how these peer to peer smart contracts would work? For example, would you have standard templates that can be used like e.g. if I need to buy a used car from someone else, if I need to buy electronics from an auction etc etc
Thanks!
It's all in the patent applications! Explains very clearly everything that's done!!! |
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Will using blockchain lead to an increase in transaction costs?
Considering most people currently pay 10$/trade on their stocks, trading on the blockchain will only be a small fraction (25cents or less). So much cheaper!!! |
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Bring on the competition as I am very comfortable with my VERI holdings. As other companies move into this space it will be interesting to see how they avoid the patents that VERITASEUM will eventually receive. First to file does have its advantages and I am confident that VERITASEUM will be keeping a close eye on those companies who may violate their eventual patents.
Agreed! VERI does many things & its team of analysts has a phenomenal track record. Not to mention VERI were the first to come up with the idea for this type of technology/file the patents - the patents are potentially very lucrative. So many copycats out there & Reggie & Co were ahead of them all. I'll happily ride the VERI horse into the Roman Coliseum to do battle!!! Images of Gladiator shouting, "Is there no-one else?!? Are you not entertained?!?" immediately come to mind VERI analysts are the best in the world & their track record proves it. Past performance is obviously the best predictor of future success. Veritaseum is ideally positioned to succeed. |
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Man that was foolish, someone accidentally sold 80 Veri for 0.108Eth instead of 0.18Eth, tried snapping them up but someone got in before me. The crazy thing is that they first sold 50 at that price and then again 30 for virtually the same price. Not sure if it was some bizarre atempt at price supression or just plain stupid, I mean once is foolish and unfortunate but doing it twice is either really stupid or suspicious. Anyho', would have liked to get my hands on some of them :/
I expect that it's someone who sold his/her own tokens to him/herself. Someone or some entity has been gaming ether delta for some time now to drive the price down. They've been doing this w some of the more popular coin offerings like VERI. Once they drive enough weak hands out to the point the price is low enough for their liking, they'll buy a crap load of tokens & profit immensely. That's the unfortunate aspect of VERI only being on a few small exchanges @ this point in time... in the relatively near future, this problem will be eliminated as decentralized exchanges & VERI/JSE exchange get up & running. The market seems to have dictated that the bottom for VERI is 50$... price seems to have floored at that. For now, you're fortunate to be able to buy VERI tokens at a tremendous discount. Enjoy it for the short time it lasts. |
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Reggie should have done the paper since the start instead of now to allay all the FUD.
"The centralized software platform is designed to cater to existing institutions that are not prepared to take the full leap into distributed capital markets systems."
What if the institutions are finally ready to be fully dedicated to distributed capital markets systems? Will that make Veritaseum less significant?
Suggestion:
Reggie should not focus too much on the needs of the institutions as the sole source of adoption.
Instead, as Reggie is competent in structuring customized deals, he should also take the opportunity to structure deals that are standardized/off-the-shelf to cater to the non-institution community at large, where everyone (you and me) can conveniently use for their financial/investment needs right away, to generate the 2nd source of adoption and grab additional market share.
In this way, Reggie doesn't need to wait for the institutions to be ready to take the plunge into cryptocurrencies for Veritaseum to take off. Veritaseum can take off asap if its platform is commercial-ready with a handful of standardized structured deals that the community can trade right away. Such standardized structured deals can be the "main block" of a deal/need, or smaller "building blocks" for savvier users (be it from institution side or community side) to combine into a "main block" for slightly more customized deal/need.
Somehow this may allow evolution into much higher community participation that uses the platform for their own structured tokens, i.e. financial engineers, fund managers, analysts, etc can use the "building blocks" to structure their own deal and then veritize such deal. It would very much be like independent project teams making use of Ethereum's smart contract system to issue their own ICO/token with specialized uses/purposes. In my opinion, this will actually help Veritaseum to be very broad-based with very high financial and economic functionality. Not only will Reggie no longer needed as a "key man", but Veritaseum would also be formidable on its own.
The price should be very bullish (even by crypto standard) if my suggestion is implemented, in my opinion.
Dorkie - I like getting your perspectives because you're a smart guy but you can be a bit critical at times. Let's look at the positives & give some credit where credit is due - Reggie's put some really great stuff out there & it's clear that he & the VERI team have been working extremely hard behind the scenes. Was aware of the good efforts the devs had been putting into the VeDAIR (bc Reggie had been posting the latest editions & updates to Twitter so that didn't come as a huge surprise), but the analysts have clearly been kicking it into overdrive - I had no idea they had analyzed as much as they have - in fact, the analysts are perhaps the part of this project that has me the most excited - if they're really accurate, the bots are going to be very effective & generating phenomenal yields. With their proven track record (macro & micro-economic) of the last 15-20years there's nothing to suggest otherwise. This should finally silence that paid lighthouse fudster smear campaign. The video is a nice personalized picture in terms of how Reggie builds his relationships & I think it speaks volumes to the type of man he is. The Jamaican Minister certainly has a lot of faith in his abilities & is very passionate about the future of VERI & it's abilities to propel Jamaica to the next level. Very inspiring seeing Mr. Shaw speak with Jamaicans & their enthusiasm for the fiscal direction of their country. He's not your typical bureaucrat. Totally charismatic guy who knows how to relate to people - I wish more politicians were like him. Jamaica is certainly headed in the right direction with forward thinking people like him guiding the ship & I can't help but feel the country is destined for some really great things. I'm excited about the VEDAIR, VERI Rental machine - this interactive research is cutting edge stuff... makes me really excited to be part of this developing story. It'll be fascinating to see all of these VeTokenized items on an exchange for the first time! - flour mills, hotels, real estate properties, etc. Reggie has me inspired & I can't wait to see the unfolding VERI story - he understood the possibilities of blockchain 5years ago when he filed all of those patents & I had no idea what he was describing when I watched videos at the time but it was clear that he was onto something big & I knew he was going to go on to do great things. The more I learn, the more excited & inspired I become!! It's a totally ambitious project, but if there's anyone who can pull this off, it's Reggie. I think Reggie mentioned that VERI has a centralized & a distributed (decentralized) solution. My take was he's starting with the centralized JSE/VERI system (since that's what institutions are used to/ comfortable w/ & doesn't require much of a leap) but when they're ready for the next step, he'll have the distributed solution available & ready to implement. That's the ultimate goal, but it'll take some time to get there - Reggie understands this. He's thinking 5 steps ahead & flexible to adapt/adjust as the need arises (as evidenced by his move from btc blockchain to eth blockchain already - not an easy task to move chains, but he & his team have done it). All that said - you do make a good suggestion & I know Masiah follows the threads - so I'm sure he'll pass your ideas on to the big guy who will give it due consideration. A big day for VERI! Keep up the great work Reggie & Co - you're making us HODLers proud!!! |
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Looks really awesome. I'm reading it now! Reggie has been busy! VERI to the MOON!!!!!!!! |
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I think there'll be a major sloshing effect after the mid November btc fork & a lot of money will come back into the alts. As with the other alts, Veri should benefit.
When btc has its big run ups in price it does well to make 50% gains, but some of the good alts will triple or quadruple in price over the equivalent timeframe when they catch fire. So many of the alts are discounted at the moment. Most of the general public is just figuring out what a bitcoin is & its the natural gateway into crypto. Once they get into the blockchain world & start understanding & becoming more comfortable with some of the blockchain businesses, there should be a lot of new enthusiasm coming in.
The BTC price rise will benefit the crypto ecosystem. For now the FOMO is focussed on btc... but that contagion should switch to the alts fairly soon.
2018 will be the year of the blockchain & the best projects will be highly successful
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Motivation comes for focusing on the 'big picture'. Attitude = angle of approach Those who are rewarded are those who do. I'm stoked about the possibilities here!! Nice! VERI is hard to buy now, since you can only get it on ether delta & a few other minor exchanges that most people don't know how to use. When it hits a bigger exchange & becomes easier to acquire, should get a price bump. You should get rewarded for having to navigate the ether delta jungle And also... Reggie has entered into a Memorandum of Understanding with the Jamaica Stock Exchange. It'll have the biggest liquidity of any exchange out there & be the first of its type - offering digital tokenized assets - like distressed assets, real estate, fractions of tokenized medical practices, etc. Very futuristic & I'm very excited about it! People will be able to easily buy VERI tokens (& many other tokens that are currently discriminated against by the exchanges) on it when it's up & running |
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Is it one etherdelta? Too many token over there so just want to make sure before searching for it. |
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https://www.youtube.com/watch?v=chRFimo06aMMike Novogratz says the HERD IS COMING!!!
Also note: around 22:45 in he says good macro investing is a skill very few people have... last time I checked Reggie Middleton & his team happen to have a tremendous track record with macro investing. Just the research component of Veritaseum justifies current prices. That's without the VeDAIR, the JSE exchange, top 10 stock market, hedge funds, uhnw. Plus, he just talked to OBAMA & was keynote speaker at HARVARD! WAKE UP PEOPLE. Reggie is THE ANALYST a lot of firms on wall street will look for when it comes to CRYPTO WORLD. Get ready for some big time VERI cash injection!!!!
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No idea exactly why my post below was deleted, but I sense insecurity. Unless it is truly OFF TOPIC, there is no reason to delete it.
It is pitiful that the Veritaseum community has reach such a lowlife level whereby relevant comments are deleted.
My words do not determine your success or failure.
You determine your success and failure.
I am just saying it as it is.So far there is NO institution buyer to the token, but merely deals to set up blockchain-based platform. That is wrong. Reggie has mentioned at least a few institutional deals. Of course, these are not publicly announced. Unless this is confirmed, I wouldn't bet just on words alone. Like I said, the deals are just about building a blockchain-based platform for the customers, not about buying the token.Indeed I agree Reggie is a highly competent analyst, but that's the only competency he has in my humble opinion, because so far nothing else stands out.
Don't discount his Rolodex and business acumen and history. The hedge funds will call VERI way before they call LAToken because he's an insider (or the closest thing). That's why I said he is just a very competent analyst. Being an analyst means having good business acumen and making the right calls. This still has nothing to do with any other competencies, to be frank about it. Whether hedge funds will call VERI way before LAToken / Proof is just personal opinion and remain to be seen, but so far I am very sure NO institutional buyer for VERI token otherwise the order book and the token price progression will reflect that very obviously.
Reggie is too concentrated in making deals at institutional level (upper level) while "selling the hype" at non-user/non-customer community level (lower level) and I believe this is a defective strategy. Obviously I know his reason for reaching out to the community but he is not doing this the smart way. And the way I see it, Reggie is a stubborn man with false pride gained solely from his analytical competency, so things will have a very hard time improving. If the institutional deals fall through, there will be nothing else to "sell/maintain the hype". Just because a person is highly competent in analytics doesn't mean he is a genius. And a non-genius that is stubborn at the same time will someday meet failure in life when his luck runs out. Veritaseum has its handicaps.I participated in the HEDGE ICO and can say it most certainly was not junk and this project is something to pay attention to. It's an index for crypto's for fiat lovers who still want to invest in the market without actually converting to digital currencies, the token itself is just used to pay the platform fees. Check it out if you're interested.
As for Veri, I took a large loss and bought at 200$ and 100$ but will hold as I believe in Reggie but man this has been a really tough couple of months. I second the claim that companies are taking shots at Veri and they are most certainly winning...
Sorry for your VERI loss. It is probably as bad as my LAToken and PayPie losses. Was a big mistake in going against my gut feeling and bought into Clif High & Gang's stupid recommendation on PayPie. I participated in Hedge too, through Rialto. I hope it will very soon launch its crypto ETF because that will be very bullish.
I agree with you on a few points, but I hope you're wrong. I bought into VERI post-ICO largely on the basis of Reggie's knowledge and connections, but I'm not thrilled with his ability to execute. What we've been able to see so far hasn't been very impressive, but I'm still holding out hope that there will be a strong market for his services if he's able to get it all together. Let's remind ourselves that all of these ico's are startup companies. Things don't happen overnight. Reggie is working hard. People investing in traditional markets do well to get 6% a year... now let's compare that to Veritaseum at it's ICO price... which was open for a full month & people had plenty of opportunity to get into. Veritaseum started selling at 3$/token. Now it's up to what... 49??? by my count that's still 15X your money... people are upset because it hasn't gone up a million times as yet. People investing in cryptos are spoiled. Have a little patience, people. Governments, which Reggie is working with, take forever to get things done. The man will get the job done. |
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Nice!!!! Go Reggie! Ignore the haters. You can do this! We Believe!!!!!! |
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Look at the macro & microeconomic calls Reggie's team of analysts has made over the last 20years... exemplary!
Reggie nailed the tech stocks back in the 90's
He saw the potential of bitcoin/blockchain 5years ago & was making videos / filing patents long before anyone knew what btc or blockchain even was
He's VERI far ahead of the curve
He meets with folks like Obama & some of the most powerful hedge fund managers, UHNW individuals & is connected to some of the most important politicians in the world
There is a paid smear campaign vs VERI because some very powerful institutions aka Goldman Sachs, JP Morgan fear its amazing potential
It takes governments a long time to work things out - hence, announcements won't come over night. BUT... for those who are a bit patient...
VERI TO THE MOON!!!!!!!!!!!!!!!!!!!!!!!!
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The buzz around Veri is probably the most confusing I've seen in a token. Some people are so crazily behind it they think it will be at parity with bitcoin (I've heard cliff high said this at one point) and some believe it is a total scam. I'm somewhere in the middle, it sounds like a good project with a solid team behind it. Things are getting done in professional way behind closed doors until a deal is struck and Reggie does a bunch of videos to keep a public face to the project. One to keep an eye on but I will be more than astonished if my holdings are worth a few bitcoin let alone a bitcoin each.
Ever think that maybe, just maybe, the most valuable coins are the ones people get most excited & animated about |
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VERI will be good IMO - when Wall St starts rolling in they will be rolling into things that people around them tell them to get.
Reggie is a trusted analyst, for years. Very well respected... Look at the calls he's made, the stock picking competitions he's won. Big money will flow to coins and systems whose owners have cosied up to/are close with fund managers and bankers. Reggie is totally in that world. If you were a fund and you wanted to run an asset management system or do a deal on blockchain, would you go to some random person on the internet with a blockchain solution or would you use someone who one of your colleagues on Wall St told you about that was trustworthy?
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I just hope the value increase will not be temporary. The idea of trading only on etherdelta of erc20 token, for me does not show project team marketing prowess, it is has traded there for more than 2months until the value decline so well. I hope the added exchanges will bring a little stability in a good value to the token, however etherdelta still takes a large percentage of trade which show insufficient the new exchange are
@royalfestus - veri has done better than finding an exchange... they're building they're own... with jamaica  so much better!!!! |
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