No. Bounty tokens will be unlocked next week. I don't think that the bounty BNT can dump the price sgnificantly even if it would be all sold.
Where will we be able to exchange them ? There is no need to worry about that now. You will only be able to exchange it at the end of the next 2 years.  |
|
|
|
Where are the quitters now? Do you regret your decision to sell yet?  |
|
|
|
Market won't see some of my tokens (lets say 1000 or 2000) until the price hits at least 1000 USD. In the meantime will start renting my VERI.
That's the spirit! I still believe we will see VERI at a $1000 by the end of the year, especially given that 18 decimal places. |
|
|
|
You for one continue to hammer on the "full coin supply," failing to differentiate between that and the circulating coin supply. There is no difference between a "full" and "circulating" supply. If there is a potential seller of 98 million coins over the net 18 months or so, then that represents part of the 'circulating supply' at least for the purposes of marketcap calculation. Let me guess: You didn't get in and are now trying to push the price down to get in at 0.02? No. I hold some Veritasium and I am sitting here with dry powder on Ether Delta ready to fire some more into it, but I do my due diligence and I don't like buying grossly overvalued stuff however high it's expected to go. As such, it doesn't really matter whether coinmarketcap calculates the marketcap based on a supply of 100 million or 2 million since investors are free to value it as they see fit and if there are 98 million "new tokens" available for new institutional investors then that makes the supply 100 million from my point of view, not 2. The reason this is important is because if I calculate it to be overvalued according to comparable assets then so too will some interesting contenders who like the idea making a few bucks out of this market, for example the Goldman Sachs, JP Morgan & Barcleys and they won't have 2 "analysts" programming their automated investment vehicles, they'll have 300. "There is no difference between a "full" and "circulating" supply" - I beg to disagree! I thought you were only half full of it, but applying your logic, you're clearly full of it. "I am sitting here with dry powder on Ether Delta ready to fire some more into it" - Exactly. Now you are here trying to stir the proverbial so that you can get in at 0.02! Good luck. I can give you a guarantee that I will be the last person to off load at that price. |
|
|
|
First congrats on your success for populous ICO. But it was a mistake not to give chance to normal sale investors. Making all the tokens available in pre-sale is not making sense. You also decreased the price per token by the way.
This is just plain WRONG. I'm a normal investor and I got in. Stop being so butthurt. The same here. I had to dig deeper than normally, but it was certainly not millions of dollars. |
|
|
|
Reggie is not going to act in an irresponsible manner No. But he can't prevent the market from acting in an "irresponsible manner". Lets think about this for a moment. That effective supply puts Veritasium's "real" marketcap at around 3.7 Million BTC. (Ripple is 4.1 Million). i.e. nearly a quarter of bitcoin's entire coin supply. So it would be the third or fourth largest asset in ranking on coinmarketcap.com. Not saying that's necessarily unreasonable in terms of future potential (i.e. speculative) but for such a large valuation to have some genuine basis it must make the monetary cryptos massively undervalued (since they are going to form much of the lower capitalisation tiers of the coming synthetic 'vehicles' that will be traded on the VERI platform) - which in turn makes the current VERI/Ether or BTC price massively overvalued does it not ? What should happen now is that VERI moves up a few notches in marketcap ranking - but with the full coin supply reported. So lets say it went to where Bitshares is (an equivalent type of asset but a mature platform so being kind to Veritasium by letting it get that far in only 30 days after launch instead of taking 3 years and needing to actually deliver some functioning software that's hosting trades like Bitshares has done). That would put the VERI marketcap at around quarter of a million BTC. Coin exchange rate with Ether would therefore be around 0.02. i.e. 50 Veri per Ether. Current price: 0.32. 16 times overvalued ? Sorry about the late read and reply. I had errands to run. I beg to disagree. You for one continue to hammer on the "full coin supply," failing to differentiate between that and the circulating coin supply. In addition, it is not only about numbers, especially when you drag Ripple into the equation. You're simply not comparing apples to apples. Quality and other factors, of which some are not easily measured in monetary terms, also count. Let me guess: You didn't get in and are now trying to push the price down to get in at 0.02? Good luck with that. If not, perhaps you can off load at 0.02? I am sure there will be plenty of takers. In short: Run your concerns via Reggie as advised. I don't wish to entertain it beyond what I've already stated in principal. |
|
|
|
51 million tokens were available during the token generating event. Only 1,967,276 were sold, which is now the circulating supply. The remaining tokens will be sold to large corporations, sovereigns and such for direct use. There will never be more than a 100,000,000 tokens. Ah. So Reggie is using the trick of driving the price up on a tiny supply while holding the reported marketcap down (which I think he admitted was the strategy). Then selling the corporate.sovereign cut at hugely inflated value prior to the entire supply being introduced into the marketcap reporting ? (At which point the per-coin price will tank as the market corrects). You will have to ask Reggie himself, but as far as I know, the market asked for 1,967,276 during the TGE and got that many. In addition, no company has to release its total authorized share capital on day one. It is normally done gradually as a company grows and needs additional funds. I think it is going to be no different here. Reggie is not going to act in an irresponsible manner that will hurt VERI holders, especially those who have shown support from day one. That being said, it is definitely not too late to support this initiative. |
|
|
|
Can anybody fill me in on the coin supply story with Veritasium ?
I've heard 100 Million and I've heard 2 Million (on coinmarketcap.com).
51 million tokens were available during the token generating event. Only 1,967,276 were sold, which is now the circulating supply. The remaining tokens will be sold to large corporations, sovereigns and such for direct use. There will never be more than a 100,000,000 tokens. |
|
|
|
Missed out on the ICO due to no satellite connection at work... Picked up what I wanted today at virtually the same ETH..... Good to be in  I am glad you got in. That's the intended nature of BNT... to be a stable, liquid world reserve currency that will be completely decentralized at the end of the day. |
|
|
|
Reggie is gonna give them a deal they literally cannot refuse... Individually, none of the Caribbean nations rank anywhere near median in the global rank of GDP contributors. Pooled through Veritaseum, they’re over 9x greater than the world average and outrank such economic powerhouses as the Germany, United Kingdom and France (the 3 largest economies in the EU), all of the Middle East, MENA (Middle East, North Africa, Afghanistan and Pakistan) and encroach on the space of the global economic superpower Japan and the Western Hemisphere!
More importantly, by linking the economies through this common “smart currency”, the rate of GDP growth will easily outstrip all in this list (or at least those who don’t also advantage themselves of Veritaseum technology). Be prepared to observe Veritas.PanCarib to move upwards in the world ranks very, very quickly.
Is Veritaseum About To Take Jamaica To the Next Level?
Government, banking and financial leaders in one of the largest caribbean nations (both geographically and economically) have invited me to the island to walk them through specifically how Veritaseum can boost their GDP, markets and economy. I will approach them with a packaged solution that they literally cannot refuse. More on that in a few months. I’ll be in caribbean next week. Positive news and major listing could easily launch the token to 1.5 eth They become 9x greater than the world avarage with Veritaseum. Could you tell me how this works? thnx You're welcome. Reggie is in essence focusing on the long tail. To give you an idea: https://youtu.be/kwJt5TzO7nQgoing to watch it. i see that the price of Bancor collapsed, why is that? It depends on how you measure it. BNT tokens were issued during the token generating event (TGE) at 1 BNT per 0.01 ETH or a 100 BNT per 1 ETH. Using that as a measure, the price of BNT has pretty much stayed above or equal to 0.01 ETH per token as can be seen here: https://www.bancor.network/bnt When it did temporarily dip below 0.01 ETH (earlier this week), the price floor implemented brought the price back to 0.01 ETH. This is made possible by a reserve that is currently at 108.12K ETH (originally a 112K ETH). This helps BNT to act according to what it was designed to do and be. The ultimate intend with BNT is to have a stable, liquid world reserve currency that is completely decentralized. It is not a token designed for a short-term "pump and dump" so to speak. E.g. watch 10:05-10:45 of the video to learn how the Bancor protocol prevents manipulation of prices by whales. The price dropped as measured in fiat or USD. The reasons for this are three fold in my opinion: 1. BNT IOUs were sold via HitBTC before BNT were released for trading or listed on other exchanges. HitBTC is known for selling at heavily inflated prices. 2. The crypto market in general saw a decline in prices in recent days, including the price of ETH as expressed in fiat or USD. 3. People got scared and started to sell their tokens at a fiat or USD loss - mostly on the back of FUD posted by whales and their lackeys. Anyway, back to VERI! |
|
|
|
Reggie is gonna give them a deal they literally cannot refuse... Individually, none of the Caribbean nations rank anywhere near median in the global rank of GDP contributors. Pooled through Veritaseum, they’re over 9x greater than the world average and outrank such economic powerhouses as the Germany, United Kingdom and France (the 3 largest economies in the EU), all of the Middle East, MENA (Middle East, North Africa, Afghanistan and Pakistan) and encroach on the space of the global economic superpower Japan and the Western Hemisphere!
More importantly, by linking the economies through this common “smart currency”, the rate of GDP growth will easily outstrip all in this list (or at least those who don’t also advantage themselves of Veritaseum technology). Be prepared to observe Veritas.PanCarib to move upwards in the world ranks very, very quickly.
Is Veritaseum About To Take Jamaica To the Next Level?
Government, banking and financial leaders in one of the largest caribbean nations (both geographically and economically) have invited me to the island to walk them through specifically how Veritaseum can boost their GDP, markets and economy. I will approach them with a packaged solution that they literally cannot refuse. More on that in a few months. I’ll be in caribbean next week. Positive news and major listing could easily launch the token to 1.5 eth They become 9x greater than the world avarage with Veritaseum. Could you tell me how this works? thnx You're welcome. Reggie is in essence focusing on the long tail. To give you an idea: https://youtu.be/kwJt5TzO7nQ |
|
|
|
Is there anyone here that can provide me with a Veritaseum logo with a transparent background? |
|
|
|
Hopefully VERI is going to make all of us VERI happy! When people ask what I am doing, I am going to reply that "I am sailing!": https://youtu.be/FOt3oQ_k008 |
|
|
|
Today is the day! Just image the opportunities that will open up if Reggie can manage to get Jamaica on board today. There is no doubt in my mind that he will succeed, but even if he doesn't, the Veritaseum train will continue to move forward into the future. All the best Reggie! Hey paulmaritz that picture you uploaded... I think I can see the yacht you're gonna buy with your VERI tokens. haha Just imagine! |
|
|
|
Reggie is gonna give them a deal they literally cannot refuse... Individually, none of the Caribbean nations rank anywhere near median in the global rank of GDP contributors. Pooled through Veritaseum, they’re over 9x greater than the world average and outrank such economic powerhouses as the Germany, United Kingdom and France (the 3 largest economies in the EU), all of the Middle East, MENA (Middle East, North Africa, Afghanistan and Pakistan) and encroach on the space of the global economic superpower Japan and the Western Hemisphere!
More importantly, by linking the economies through this common “smart currency”, the rate of GDP growth will easily outstrip all in this list (or at least those who don’t also advantage themselves of Veritaseum technology). Be prepared to observe Veritas.PanCarib to move upwards in the world ranks very, very quickly.
Is Veritaseum About To Take Jamaica To the Next Level?
Government, banking and financial leaders in one of the largest caribbean nations (both geographically and economically) have invited me to the island to walk them through specifically how Veritaseum can boost their GDP, markets and economy. I will approach them with a packaged solution that they literally cannot refuse. More on that in a few months. I’ll be in caribbean next week. Positive news and major listing could easily launch the token to 1.5 eth They become 9x greater than the world avarage with Veritaseum. Could you tell me how this works? |
|
|
|
Today is the day! Just image the opportunities that will open up if Reggie can manage to get Jamaica on board today. There is no doubt in my mind that he will succeed, but even if he doesn't, the Veritaseum train will continue to move forward into the future. All the best Reggie! |
|
|
|
I don't touch ICO's or any of these new ETH tokens really.
But that got so cheap I couldn't resist
Lets see how it goes
Personally I got involved in more than one of the new ETH tokens. There is a lot of money to be made while supporting worthy efforts to bring about positive change. I am glad you got in at a good price. Personally I don't expect a sudden and violent increase in price here (as expressed in ETH) - mainly due to the nature of the token. I expect to see a gradual increase in price as progress is made. |
|
|
|
The Bancor protocol aims to provide a stable, liquid world reserve currency with zero counterparty risk. Watch these two videos to learn more: https://youtu.be/kwJt5TzO7nQhttps://youtu.be/7YVtGL1y4_AP.S. Watch 10:05-10:45 of the first video to learn how the Bancor protocol prevents manipulation of prices. This concept looks very promising. I can hardly imagine BNT market cap under $1B by the end of the year. It surely does. I can't help to wonder how much of a premium the market will attach to BNT once Bancor moves passed the "demo" stage to the decentralized stage. BNT currently offers a great way to get exposure to ETH while at the same time getting exposure to something that can potentially be a huge success. We're living in exciting times! |
|
|
|
The Bancor protocol aims to provide a stable, liquid world reserve currency with zero counterparty risk. Watch these two videos to learn more: https://youtu.be/kwJt5TzO7nQhttps://youtu.be/7YVtGL1y4_AP.S. Watch 10:05-10:45 of the first video to learn how the Bancor protocol prevents manipulation of prices. |
|
|
|
|
Show Posts
