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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: VERITASEUM DISCUSSION THREAD on: August 12, 2017, 07:37:50 PM
Josef misquoted/attributed Steffoboy with Crazy's comment in a reply and all went to heck.  I think Josef and Steffoboy are on the same team, the good side.  Shake hands gentlemen.





Of course if i'm mistaken,.. I'm on team VERI and if Steffo is on my team, my bad mate. Someone invite him to slack.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: VERITASEUM DISCUSSION THREAD on: August 12, 2017, 07:07:36 PM
Yes the investor sold 50k Veri in a short period, is possibly still selling, that will drive the price down. Once he's done it will be right back. Proven by the hack result..

Fear and Greed ... Nothing concrete has happen either way! What does that mean, if your speculating Veri is what it is.. Reggie has put out evidence to support this. If you believe the other, i've seen nothing new to support this either.  The sell off is what it is.. A large investor announced he needed to sell some, and that has created downward pressure on the price. Now others have came in yelling fuD like always.
(F.U.D is the creation of "Fear Uncertainty and Doubt")

Bottom line is nothing has changed either way. I invested in what VERI will become, nothing concrete has changed that. Nothing has been put out that has invalidated that reason. It's all speculation at this point. There is imo more evidence to the claim this is legit than other's yelling scam, with no real backup. Even when Reggie addresses their scam reasons, they find another one. Some people will always believe BTC, ETH etc is a scam as well.  I see some people who come on here for months now, still claiming scam. Maybe you should see someone about that kind of obsessive behavior, or maybe you have some kind of financial gain tied to doing it.

*******
*(Do you really think Reggie who has a good public rep (1.) (2.) Brought his 16 yr old son into the business, who he loves, evidenced by the bragging and pic's (3.)Filed a patent in 2014 for this business. (4.) Went to Jamaica and other countries, repressed nations to help get them into the crypto revolution.) Is trying to perpetrate  a scam? If proven true, his life and his families life would be ? Like Bernie Madoff's. Reggie is a very, very smart guy, that loves his family. He knows what the end game would be for that. I just don't see it. Not to mention the possible legal/criminal  nightmare, being in the Wallstreet circles United States, they would make an example out of him. The underlying message would be, not to mess with the status quo. IMO he's the real deal and is really trying to change the world with noble intentions.



BTW some have speculated the above sell scenario  was created to allow a hedge fund to purchase cheaper Veri tokens from us retail customers. Reggie charges 10% premium to institutional purchaser. Weak hands, just gave them a good sale .. Looking at how they are going about it, this seems like a logical explanation as well. At some point this will all change! and the likely course is to the opposite side, to the greed as the price starts back up, and the FOMO happens..  I see this everyday you would think people would learn to buy when it's cheap and sell when its high. I'm in the long term investor camp, this is just background noise.

*******edited.... I'll just say it..
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: VERITASEUM DISCUSSION THREAD on: August 12, 2017, 06:31:38 PM
The hacker isn't even in the picture? This is your opinion, Reggie already said a big investor is selling some to rebalance his portfolio. He said this over a week ago? You must not be part of the slack community. He said how many he was selling and the date. This is not the hacker, he also announced he sold another 4k to another company the other day as well.

 Folks have been trying to take down VERI, PPT, ADex, TENX since they came out.. Clif High consiracy lol.. All proven right and are coming back withe vengeance. You want to bet against those odd's..
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: VERITASEUM DISCUSSION THREAD on: August 12, 2017, 06:10:50 PM
Eth contracts have proven to have security flaws and using 3rd party insecure client applications you will continue to see hacks. The whole point to decentralization is negated when you have rollbacks, forks, and reissued contracts for human errorsor hacks. has bitcoin ever rolled back the chain ever? how many hacks or losses has happened on its blockchain. Did pplget their mtgox coins back when there was a 400 mil loss . cmon ur talking nonsense noob
when 98% is in one location its hardly decentralized. The price dump has hurt the confidence more, its easy to be wise after, and thats what im saying, its to late now. Who could know what to do at that time. I guess not using a hot wallet would have been best, i just dont know why there was a need to have it semi online. Stop callling people noob just cause you dont think you are noob also.
It's completely obvious to anyone who's invested in Veri  thats been around since the beginning, your here to stir up shit for your own self interest. The hack is over and Reggie discussed it, now your here trying to create FUD. I guess it's true how short peoples investing and attention spans are. Sell if you must, but Jesus the look on your face when this shoot to over 300 in a day will be painful and rewarding at the same time.
You must be really dumb. The problem is just that that you want people that has not been here since the beginning, cause its them that makes the price go up, if its just the same  owners as in the Ico, price would be roughly the same also. So you think that only the ones that has not lost anything in reality has the right to complain, thats a hilarious comment. Are you a seasoned veteran now cuz u been holding for a few months more than any other? That was funny, and its pure bs, to argue that the hack was nothing is saying that to hell with the people that lose real money. An ico holder is only losing theoretical profit, anyone that bought after the hack has lost real dollars. If they sold that is, so this seems to makes the cause, and might have costed a big part of the community, its not likely they will come back again.

You offer nothing to this community but .. the drivel your posting ?Give me a break..  I didn't say any of the things your trying to point out. You act as if the Hack was something that hasn't happen to a lot of the successful cryptos out there. It is not Veri specific and the more you try to blame them, the more obvious to me what your adjenda is. Saying things like part of the community left ? Will never come back?  Is the sky falling? OMG it's down a little bit.. Scared money, doesn't make money..

This is what you said:
It's completely obvious to anyone who's invested in Veri  thats been around since the beginning, your here to stir up shit for your own self interest. "

This implies that if u have a complaint about the price, if you hasent been at the ico price and should shut up, else you spread fud.
You dont even understand what you are saying dont you, why do you even argue about being here in the beginning, what bearing has that, if its not like im saying. Dont hit that pipe no more dude
I can't even make sense of your point? I'm here because you're yelling fire, and the sky is falling, when the price is down a bit. Your trying to scare people and call them dumb, and don't hit the pipe etc. I mean what are you saying  ?
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: VERITASEUM DISCUSSION THREAD on: August 12, 2017, 06:00:57 PM
Eth contracts have proven to have security flaws and using 3rd party insecure client applications you will continue to see hacks. The whole point to decentralization is negated when you have rollbacks, forks, and reissued contracts for human errorsor hacks. has bitcoin ever rolled back the chain ever? how many hacks or losses has happened on its blockchain. Did pplget their mtgox coins back when there was a 400 mil loss . cmon ur talking nonsense noob
when 98% is in one location its hardly decentralized. The price dump has hurt the confidence more, its easy to be wise after, and thats what im saying, its to late now. Who could know what to do at that time. I guess not using a hot wallet would have been best, i just dont know why there was a need to have it semi online. Stop callling people noob just cause you dont think you are noob also.
It's completely obvious to anyone who's invested in Veri  thats been around since the beginning, your here to stir up shit for your own self interest. The hack is over and Reggie discussed it, now your here trying to create FUD. I guess it's true how short peoples investing and attention spans are. Sell if you must, but Jesus the look on your face when this shoot to over 300 in a day will be painful and rewarding at the same time.
You must be really dumb. The problem is just that that you want people that has not been here since the beginning, cause its them that makes the price go up, if its just the same  owners as in the Ico, price would be roughly the same also. So you think that only the ones that has not lost anything in reality has the right to complain, thats a hilarious comment. Are you a seasoned veteran now cuz u been holding for a few months more than any other? That was funny, and its pure bs, to argue that the hack was nothing is saying that to hell with the people that lose real money. An ico holder is only losing theoretical profit, anyone that bought after the hack has lost real dollars. If they sold that is, so this seems to makes the cause, and might have costed a big part of the community, its not likely they will come back again.

Oh wow, calling me dumb ? That's just great.. I see nothing is beneath you. You offer nothing to this community but .. the drivel your posting ?Give me a break..  I didn't say any of the things your trying to point out. You act as if the Hack was something that hasn't happen to a lot of the successful cryptos out there. It is not Veri specific and the more you try to blame them, the more obvious to me what your adjenda is. Saying things like part of the community left ? Will never come back?  Is the sky falling? OMG it's down a little bit.. Scared money, doesn't make money.. How long have you been investing in crypto's cause this type of shit happens everyday. Look at TenX,PPT,ADEX ? Yeah go ahead sell... They all came back hard..
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: VERITASEUM DISCUSSION THREAD on: August 12, 2017, 05:47:10 PM
Eth contracts have proven to have security flaws and using 3rd party insecure client applications you will continue to see hacks. The whole point to decentralization is negated when you have rollbacks, forks, and reissued contracts for human errorsor hacks. has bitcoin ever rolled back the chain ever? how many hacks or losses has happened on its blockchain. Did pplget their mtgox coins back when there was a 400 mil loss . cmon ur talking nonsense noob
when 98% is in one location its hardly decentralized. The price dump has hurt the confidence more, its easy to be wise after, and thats what im saying, its to late now. Who could know what to do at that time. I guess not using a hot wallet would have been best, i just dont know why there was a need to have it semi online. Stop callling people noob just cause you dont think you are noob also.

Once again this isn't any other coin out there.. Stop using decentralized logic, it doesn't apply with the sale of these software tokens. My opinion is someone who had a bunch is selling off some of them. That was discussed in slack by Reggie about a week ago. Once they are done rebalancing, because he said it was only some of there holdings. You have some fudsters or paid shills jump on board to try and make it worse, for whatever reason. Either to buy another competing company time or to get cheaper shares. Don't be clueless this is a trillion dollar market with huge winners and losers. This is unfolding in front of us.. History is in the making. You think corporate spying and dirty tricks campaigns don't exist ?
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: VERITASEUM DISCUSSION THREAD on: August 12, 2017, 05:44:59 PM
Eth contracts have proven to have security flaws and using 3rd party insecure client applications you will continue to see hacks. The whole point to decentralization is negated when you have rollbacks, forks, and reissued contracts for human errorsor hacks. has bitcoin ever rolled back the chain ever? how many hacks or losses has happened on its blockchain. Did pplget their mtgox coins back when there was a 400 mil loss . cmon ur talking nonsense noob
when 98% is in one location its hardly decentralized. The price dump has hurt the confidence more, its easy to be wise after, and thats what im saying, its to late now. Who could know what to do at that time. I guess not using a hot wallet would have been best, i just dont know why there was a need to have it semi online. Stop callling people noob just cause you dont think you are noob also.
It's completely obvious to anyone who's invested in Veri  thats been around since the beginning, your here to stir up shit for your own self interest. The hack is over and Reggie discussed it, now your here trying to create FUD. I guess it's true how short peoples investing and attention spans are. Sell if you must, but Jesus the look on your face when this shoot to over 300 in a day will be painful and rewarding at the same time.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] POPULOUS - Invoice trading platform | ICO l BOUNTY CAMPAIGN on: August 06, 2017, 09:00:07 PM
See lots of questions on here. My 2 videos about PPT offer good answers and good background for new people.

https://youtu.be/-P-UYXfYfEY

https://youtu.be/bQYDykDc6_k

Like, comment and subscribe Smiley

New videos out tomorrow  Grin Grin

thanks, waiting for new vids Wink
Can anybody clarify this for me:

Lets say there is a 12,000 pound invoice and the seller wants to sell it now for 11,000 pounds. I can buy the invoice with my PPT worth 11,000 pounds and the seller gets that. When the invoice is paid back by the seller I get my PPTs back and 1000 worth of Pokens.
When I want to cash out those Pokens do I have to sell em on an exchange? I mean they are not real pounds just tokens right? Or can I swap them for "real" money on the Populous platform?



I think this video might help also, He says you will be able to exchange it for fiat.  He talks about how to compound the token value like the 11k your talking about.

PPT $100  Populous Token Review
https://www.youtube.com/watch?v=9hf62RYq1GA&spfreload=10


Making new videos today and will be uploading some new thoughts I have about PPT and Veri Smiley

Videos are great for marketing, but plain english, indexable and searchable in text will make this information available to a much wider audience.


True, but both have a place. I watch or listen to a lot of videos when i'm commuting. I setup up a youtube playlist the night-before on my phone and listen to it while I drive.  I have 45 min sometimes an hour.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] POPULOUS - Invoice trading platform | ICO l BOUNTY CAMPAIGN on: August 06, 2017, 08:37:07 PM
Can anybody clarify this for me:

Lets say there is a 12,000 pound invoice and the seller wants to sell it now for 11,000 pounds. I can buy the invoice with my PPT worth 11,000 pounds and the seller gets that. When the invoice is paid back by the seller I get my PPTs back and 1000 worth of Pokens.
When I want to cash out those Pokens do I have to sell em on an exchange? I mean they are not real pounds just tokens right? Or can I swap them for "real" money on the Populous platform?



I think this video might help also, He says you will be able to exchange it for fiat.  He talks about how to compound the token value like the 11k your talking about.

PPT $100  Populous Token Review
https://www.youtube.com/watch?v=9hf62RYq1GA&spfreload=10
10  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] TenX [ICO] end of June: making Blockchain assets spendable on: July 31, 2017, 04:00:07 AM
Got the card. Looks good. Thanks!
Hi, If you don't mind me asking did you order before or after the queuing system was introduced?




Pretty good Youtube video on TenX.. Kind goes over it with the CEO explanation at the end.


https://youtu.be/LKyjvKRSaE0




also iOS app will be released latest on 31 aug 2017 maybe even earlier  Wink

Yeah I'm really looking forward to getting the Iphone app.. Hurry please !! Smiley
11  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] TenX [ICO] end of June: making Blockchain assets spendable on: July 30, 2017, 07:55:31 PM
Got the card. Looks good. Thanks!
Hi, If you don't mind me asking did you order before or after the queuing system was introduced?




 Pretty good Youtube video on TenX.. Kind goes over it with the CEO explanation at the end.


https://youtu.be/LKyjvKRSaE0
12  Economy / Gambling / Re: Taking Bets on BIP91 on: July 21, 2017, 02:23:49 AM
I can see you are native gamblers , even Bitcoins' BIP91 is gonna get a betting, that's amazing and also too hard to predict, I would stay out of this since those 80% miner support must be constant (I think so), difficulty task to discipline and coordinate all the hash power among those. Even if Segwit2x succeed now, the November part will need to have 100% miners support to 2MB block size, tough job.

I think Onehash may add this bet on their site.



Doesn't Gnosis or Auger do this as well? If so may have a larger pool..
13  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: July 20, 2017, 05:17:01 PM


But fortunejack should stop btc deposit and withdrawals 24 hour before and after segwit activation to not loss anything.

Fortunejack, I think obviously knows that already as it's a must thing to do to suspend any bitcoin transaction while everything is not yet cleared.

But Im agree with the poster above that chain split is not likely will happened based on the current status of miners approval.

Seems your correct judging by the price run up on Bitcoin.. Kind of sucks though, all that punishment and no kiss.
14  Economy / Games and rounds / Re: 0.02 BTC Every 10 minutes (Youtube Giveaway) on: July 20, 2017, 05:11:37 PM
This can't be anything more than just a fake way to attract new subscribers for the channel. There is no way to include new text within live video streaming. This video is just a pre-made and people are posting their addresses madly but if you check for the winning address, you can't find it in chat area.


You cant be more wrong.. that YOU can't do it doesn't mean someone can't do it. Go to the video and every time you write "free bitcoins" on the chat you will see your name on the video. Also when payment is sent they show on the video too and post same transaction ID on the chat.



Does sound a little bit sketchy .. There are easier, less risker ways to make real money.   
15  Economy / Economics / Re: Bitcoin or gold? on: July 20, 2017, 09:28:53 AM
Put your money into BTC when it goes up to 4000k, take that 1/2 of profit invest in 1-2 planned good ICO's. Hopefully it will grow big and sell off half and by back BTC and purchase Gold online. Amiga metals sells Gold/Silver for BTC. Now you have both..
16  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [LTC] Litecoin Speculation on: July 20, 2017, 09:17:59 AM
In last month around in june i found thread starting charly lee joining LTC after leaving Coinbase in that timeprice was around 20$ -25$ but i dint believe one man cant change anything but now price is 40$+ .

 A lot of people are predicting 100+ LTC. I missed my 28.00 buy in, hoping it drop back into 30's for a  minute and load the boat. Definitely on a lot of people radar now, seeing a lot of talk on social media, even youtube comment sections.
17  Alternate cryptocurrencies / Speculation (Altcoins) / Re: TO BE OR NOT TO BE MILLIONAIRE? on: July 20, 2017, 09:13:21 AM
Try to buy at least 10k coins,  1k coins could get you there at $1000 dollar price. 10k +  much faster. If you don't know much about picking the right coins follow someone who has a proven track record.Tai Zen  and Leon Fu Dot Com™, Clif High, and others. They have a track record of making some good calls. 
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] RIALTO.AI Cryptocurrency Arbitrage and Market Maker ★ OFFICIAL THREAD ★ on: July 20, 2017, 04:05:19 AM
Semi-annual distribution of created value to token holders. What does this mean ? I've dug around and it's very vague. I know what they are trying to say, but what are the details. It sounds like they will throw us a bone, if they come up with a number, and  earn beyond it. Since they are a for profit company, this is so subjective without any kind of breakout. This could be a massive reason to own it, or a big fat yaawwwn.

What I understand is that if Rialto.ai uses $10 mil of the collected contribution to run its arb/market-making operations and eventually turn out $20 mil profit, 100% of that $20 mil profit will be equally distributed (according to our % ownership of XRL token) to us in the form of ETH. And this will be done once every 6 months.

Ok thanks, I'm guessing it doesn't take 10 mil a year to run this operation, but they may need to hold back for future growth in Arb funding? So maybe every year going forward they will payout like this, over operations cost and hold backs, or ?


Any ideas of future growth ? Whats reasonably possible? Guess ? 100 mil per year sounds like a huge number? 50 mil would be nice also..
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] RIALTO.AI Cryptocurrency Arbitrage and Market Maker ★ OFFICIAL THREAD ★ on: July 20, 2017, 02:50:27 AM
What's the use of the token? People who owns these will receive part of the made profit.

Cheers!


The project is very interesting and you have forgotten that who own XRL tokens (from Whitepaper):

"(xrl token) grants ownership rights
to RIALTO.AI proprietary software, data  tools, algorithms, and other intellectual property"

You own quite a lot with this!!

"100% of additional net value created will be distributed semi-annually through distribution of ETH via
smart  contract
.  Eligible  for  distribution  are  all  RIALTO.AI  (XRL)  token  holders  on  a  predetermined
record date."

also this is very good





 Semi-annual distribution of created value to token holders. What does this mean ? I've dug around and it's very vague. I know what they are trying to say, but what are the details. It sounds like they will throw us a bone, if they come up with a number, and  earn beyond it. Since they are a for profit company, this is so subjective without any kind of breakout. This could be a massive reason to own it, or a big fat yaawwwn.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: VERITASEUM DISCUSSION THREAD on: July 19, 2017, 05:55:21 AM
What does it matter what the market cap is reported at? Why the obsession?

Because marketcap is price.

Step 1. Imagine you were offered a 1000th share in a new Audi A3 for 8$. What would you do ?....you'd have no clue until you multiplied 8 x 1000 to determine what the seller valued their vehicle at, in this case $8000. The book value of an Audi A3 is $40k, so you'd conclude the deal was good and make the purchase.

Step 2. Now imagine there were actually 5000 shares and unknown to you the balance of 4000 were being sold to other buyers "under the counter". What would happen when this information became widely available ?

1. The value of the car would stay the same (Book value still = $40k)
2. The market (i.e. "you") would immediately revalue your unit share down by 80% to account for the newly reported unit liquidity

That's the recipe by which Veritaseum has gained such a high Token to Coin ratio at the moment.

Now consider the Audi A3 example in terms of "marketcaps" (i.e. we see the value of the car as the 'marketcap' of the issued shares. Never mind whether they're circulating or not, it's the 'issued' shares that we're interested in).

Go back to step 1. When you originally were offered the price of 8$ per share, if you now use the correct unit supply factor to calculate the price of the Audi A3 you'll arrive at the full $40k. (Your $8 unit price x 5000). You compare that to a VW Gold at $30k and decide it's a bad deal.

What swung your decision in each case was the marketcap of your asset (=price of the car). That's the only handle you had in each case on the value of what you were being offered. You calculated that in the first case you were being offered an asset at below market price, in the second case you were being offered an asset above market price.

This is why Ethereum blockchain issuers do this trick of "holding back" tokens. It's nothing to do with garnering network effect and everything to do with passing risk from the issuer to the investor because the issuer is left holding all the capital while the investor is left holding bags of worthless tokens that took the issuer about 2 minutes to create.

In a classic equity exchange this doesn't happen, because your invested capital is held by the company in which you own shares, so your shares are worth something even if the entrepreneurial idea is crap. In token investments however you don't get squat of the issuers equity, just a bunch of tokens backed by a few lines of code.

P.S. Mined coins are a whole different case which is why I made a distinction between "coins" and "tokens" in a previous post. With mined coins, issuance is decentralised and an ICO entity cannot determine the distribution.


Here's a thought, how much would this VERI  rental broker/ software token be worth, if you received a small percentage of every multi-million dollar transaction that rented through it? Considering Veri's target clients are high net worth individuals , institutional clients, and sovereign governments. What would a lifetime of transactions be worth? Generational transactions be worth ? Maybe each transaction  nets 30k,100k or maybe 300k? per transaction, who knows ? Now add in first to market, first with a patent/ pending. Basically the 800lb gorilla with a patent, corner the market kind of thing. How many transactions can one token do in a lifetime? Would you value this like a business? 4 to 5 X net income or since it's so passive and massive 100x ? Your tokens value can be represented  as a counter balance to the current Wallstreet greed, monoply,  over priced fees, red tape and corruption. Your token is a vacuum sucking all the bloat out of this system and also creating markets world wide in areas not served.  You will receive  fair compensation for doing so... How much is that ?  I don't think you could buy them in this scenario to be honest. Who would part with them?   Remember Veri is Skynet to Wallstreet  and SKYNET (VERI) is going world wide!
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