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Author Topic: VERITASEUM DISCUSSION THREAD  (Read 250991 times)
whoareyou4
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June 07, 2017, 01:23:14 PM
 #441

The current price for these tokens is insane. You may buy one for around $70. Given the total supply of 100.000.000 Veritaseum this would already be a $7 billion project.

I'm interested in this project but I think people don't realize what price they are paying.

For the overall potential of this, I think the price is quite small.
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June 07, 2017, 01:25:10 PM
 #442

I still think the ICO price was too high for VERI, and the current market price.

From the way I think about it, the higher the price of VERI at start, the less return for my money that I get. If I buy 10k worth of VERI at $70 and it goes to $85 I have only made ~$2,000 profit.

If I buy 10k worth of HumanIQ ( not sponsoring just taking another project) and it goes from $0.16 to 1 dollar, I have made $50,000.

Which one is the better investment in terms of % RoI for my money spent? Not saying I do not think VERI is a good project or that it does not have potential. If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.

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June 07, 2017, 01:43:05 PM
 #443

How is are the acceptances of the exchanges coming along? we gonna need some real price discovery here.
And what are the further plans, except for a great office building?
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June 07, 2017, 01:49:05 PM
 #444

If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

In the ICO, the price actually was around $7 dollars or lower ($5.5 or lower depending on the timing and recent ETH price).

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.

If in one or two years ETH goes to $1000 or above and stratis fails, then 10k invested in ETH at $100 would have been the better choice.
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June 07, 2017, 01:49:56 PM
 #445

It needs to be listed by exchanges and coinmarketcap for people to wake up.

There are so many people just watching at single token prices and ignore total supply.

Even if this project has a good outlook, valuing it at 1/3rd of Ethereum right now is plain stupid.

PS: Nice fresh troll accounts here.

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June 07, 2017, 01:55:59 PM
 #446

I still think the ICO price was too high for VERI, and the current market price.

From the way I think about it, the higher the price of VERI at start, the less return for my money that I get. If I buy 10k worth of VERI at $70 and it goes to $85 I have only made ~$2,000 profit.

If I buy 10k worth of HumanIQ ( not sponsoring just taking another project) and it goes from $0.16 to 1 dollar, I have made $50,000.

Which one is the better investment in terms of % RoI for my money spent? Not saying I do not think VERI is a good project or that it does not have potential. If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.

Reggie and his team never punted it as an investment. In addition, the ICO price was much lower than the $7 you’re willing to pay, so what’s your point? I personally got in at $5.50 and some even at a lower price.

“would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1” – Yeah, it is always easier to do the math on something like that after the fact.
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June 07, 2017, 02:20:21 PM
 #447

Hey, so I thought I'd try and buy some Vertiaseum tokens. So I made an account with metamask, put a small amount of eth into it, and then deposited some of that ETH into Etherdelta. Im kind of frustrated right now because my deposit doesnt show up under my Etherdelta balance, but I can see my deposit here https://etherscan.io/tx/0x0210732d5d957f523d0fadfb3e8eaeebe408d8c2157d99c30208a3fce87ba7c7 has anyone else had this problem. Any help is greatly appreciated. Thanks!
heymann
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June 07, 2017, 02:33:25 PM
 #448

I still think the ICO price was too high for VERI, and the current market price.

From the way I think about it, the higher the price of VERI at start, the less return for my money that I get. If I buy 10k worth of VERI at $70 and it goes to $85 I have only made ~$2,000 profit.

If I buy 10k worth of HumanIQ ( not sponsoring just taking another project) and it goes from $0.16 to 1 dollar, I have made $50,000.

Which one is the better investment in terms of % RoI for my money spent? Not saying I do not think VERI is a good project or that it does not have potential. If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.

Some know the price of everything and the value of nothing.  Where were you during the ICO?  Why would you buy at $70 to sell at $85?   Please.

"People don't understand what they have with these Veritaseum tokens"
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June 07, 2017, 03:01:55 PM
 #449

I still think the ICO price was too high for VERI, and the current market price.

From the way I think about it, the higher the price of VERI at start, the less return for my money that I get. If I buy 10k worth of VERI at $70 and it goes to $85 I have only made ~$2,000 profit.

If I buy 10k worth of HumanIQ ( not sponsoring just taking another project) and it goes from $0.16 to 1 dollar, I have made $50,000.

Which one is the better investment in terms of % RoI for my money spent? Not saying I do not think VERI is a good project or that it does not have potential. If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.

IF, then, coulda, woulda, shoulda. Cap'n hindsight over here..
whoareyou4
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June 07, 2017, 03:46:46 PM
 #450

Hey, so I thought I'd try and buy some Vertiaseum tokens. So I made an account with metamask, put a small amount of eth into it, and then deposited some of that ETH into Etherdelta. Im kind of frustrated right now because my deposit doesnt show up under my Etherdelta balance, but I can see my deposit here https://etherscan.io/tx/0x0210732d5d957f523d0fadfb3e8eaeebe408d8c2157d99c30208a3fce87ba7c7 has anyone else had this problem. Any help is greatly appreciated. Thanks!

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jbl888
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June 07, 2017, 03:50:31 PM
 #451

I still think the ICO price was too high for VERI, and the current market price.

From the way I think about it, the higher the price of VERI at start, the less return for my money that I get. If I buy 10k worth of VERI at $70 and it goes to $85 I have only made ~$2,000 profit.

If I buy 10k worth of HumanIQ ( not sponsoring just taking another project) and it goes from $0.16 to 1 dollar, I have made $50,000.

Which one is the better investment in terms of % RoI for my money spent? Not saying I do not think VERI is a good project or that it does not have potential. If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.


You're still not getting it ... good luck getting VERI before it's $500 and then $5,000 then $50,000 then $500,000 then $5,000,000

 Wink
whoareyou4
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June 07, 2017, 03:52:58 PM
 #452

Do we know the exchanges that plan to list it in the future so we can make sure we are able to get some on a more liquid exchange.
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June 07, 2017, 04:15:57 PM
 #453

I still think the ICO price was too high for VERI, and the current market price.

From the way I think about it, the higher the price of VERI at start, the less return for my money that I get. If I buy 10k worth of VERI at $70 and it goes to $85 I have only made ~$2,000 profit.

If I buy 10k worth of HumanIQ ( not sponsoring just taking another project) and it goes from $0.16 to 1 dollar, I have made $50,000.

Which one is the better investment in terms of % RoI for my money spent? Not saying I do not think VERI is a good project or that it does not have potential. If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.


You're still not getting it ... good luck getting VERI before it's $500 and then $5,000 then $50,000 then $500,000 then $5,000,000

 Wink

Oh I get it fully, I thought long and hard about investing in the ICO and decided against it. I sincerely hope that the price does go up as you suggest and that you ICO investors get rich. If I miss out I miss out, but that doesn't mean I am upset about it. I chose to not invest after doing my due diligence.

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whoareyou4
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June 07, 2017, 04:26:32 PM
 #454

I still think the ICO price was too high for VERI, and the current market price.

From the way I think about it, the higher the price of VERI at start, the less return for my money that I get. If I buy 10k worth of VERI at $70 and it goes to $85 I have only made ~$2,000 profit.

If I buy 10k worth of HumanIQ ( not sponsoring just taking another project) and it goes from $0.16 to 1 dollar, I have made $50,000.

Which one is the better investment in terms of % RoI for my money spent? Not saying I do not think VERI is a good project or that it does not have potential. If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.


You're still not getting it ... good luck getting VERI before it's $500 and then $5,000 then $50,000 then $500,000 then $5,000,000

 Wink

Oh I get it fully, I thought long and hard about investing in the ICO and decided against it. I sincerely hope that the price does go up as you suggest and that you ICO investors get rich. If I miss out I miss out, but that doesn't mean I am upset about it. I chose to not invest after doing my due diligence.

The point of the ICO is not to get rich. It is to fund business activities and at the same time get the opportunity to have access to the research and bots. I personally work with banks. The biggest theme of all in the IT space right now is automation. It does not matter if it is some form of network automation or software automation. Everyone is looking to do it.

If a bank does not get in on such a venture, they will loose BIGLY.

Here is why:
- They have to pay people to run services manually, while the competition is automating and reducing costs
- If they implement their own proprietary system, it will:
      - Be way behind in terms of development
      - Cost them MUCH MUCH more money to implement
      - Have less accessibility to the public, less transparency, and less trust

Using this system, it is only a matter of time before one major financial player takes advantage of the capabilities here. Once that happens, it will be a real raid on the technology. People in the FinTech industry are ruthless man and will fight til the death for a market advantage. If they are behind, they'll pour all kinds of resources to catch up.

It will take a good amount of time for this to play out. But, when it does play out...it will be yuge.
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June 07, 2017, 04:27:20 PM
 #455

I still think the ICO price was too high for VERI, and the current market price.

From the way I think about it, the higher the price of VERI at start, the less return for my money that I get. If I buy 10k worth of VERI at $70 and it goes to $85 I have only made ~$2,000 profit.

If I buy 10k worth of HumanIQ ( not sponsoring just taking another project) and it goes from $0.16 to 1 dollar, I have made $50,000.

Which one is the better investment in terms of % RoI for my money spent? Not saying I do not think VERI is a good project or that it does not have potential. If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.


You're still not getting it ... good luck getting VERI before it's $500 and then $5,000 then $50,000 then $500,000 then $5,000,000

 Wink

Oh I get it fully, I thought long and hard about investing in the ICO and decided against it. I sincerely hope that the price does go up as you suggest and that you ICO investors get rich. If I miss out I miss out, but that doesn't mean I am upset about it. I chose to not invest after doing my due diligence.
What part of your DD, didn't sit right with you?
paulmaritz
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June 07, 2017, 04:33:00 PM
 #456

I still think the ICO price was too high for VERI, and the current market price.

From the way I think about it, the higher the price of VERI at start, the less return for my money that I get. If I buy 10k worth of VERI at $70 and it goes to $85 I have only made ~$2,000 profit.

If I buy 10k worth of HumanIQ ( not sponsoring just taking another project) and it goes from $0.16 to 1 dollar, I have made $50,000.

Which one is the better investment in terms of % RoI for my money spent? Not saying I do not think VERI is a good project or that it does not have potential. If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.


You're still not getting it ... good luck getting VERI before it's $500 and then $5,000 then $50,000 then $500,000 then $5,000,000

 Wink

Oh I get it fully, I thought long and hard about investing in the ICO and decided against it. I sincerely hope that the price does go up as you suggest and that you ICO investors get rich. If I miss out I miss out, but that doesn't mean I am upset about it. I chose to not invest after doing my due diligence.

"due diligence" based on price movements alone?

P.S. "If the price was $7 each I would buy 10k worth tomorrow"
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June 07, 2017, 05:16:45 PM
 #457

I still think the ICO price was too high for VERI, and the current market price.

From the way I think about it, the higher the price of VERI at start, the less return for my money that I get. If I buy 10k worth of VERI at $70 and it goes to $85 I have only made ~$2,000 profit.

If I buy 10k worth of HumanIQ ( not sponsoring just taking another project) and it goes from $0.16 to 1 dollar, I have made $50,000.

Which one is the better investment in terms of % RoI for my money spent? Not saying I do not think VERI is a good project or that it does not have potential. If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.


You're still not getting it ... good luck getting VERI before it's $500 and then $5,000 then $50,000 then $500,000 then $5,000,000

 Wink

Oh I get it fully, I thought long and hard about investing in the ICO and decided against it. I sincerely hope that the price does go up as you suggest and that you ICO investors get rich. If I miss out I miss out, but that doesn't mean I am upset about it. I chose to not invest after doing my due diligence.

"due diligence" based on price movements alone?

P.S. "If the price was $7 each I would buy 10k worth tomorrow"


Love to hear the rationale about the DD that caused the above investor to shun this investment.

If the value I see in Veritaseum can at all be recognized by the financial crowd I think we will not need to worry at all about the price.  I don't know how to count that high.  It might get pretty silly. 

All I know is the ICO ratio was 30-1 and it is trading around 4-1, on a small exchange, as a start, this week.  A ratio move of 30-1 to 4-1, isn't that about a 7 fold move already?  Granted the mkt is illiquid  and doesn't take $.  However it may be a strong indication of where the price is going, i.e. up

"People don't understand what they have with these Veritaseum tokens"
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June 07, 2017, 05:21:55 PM
 #458

very nice,good job,wish you all the best!
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June 07, 2017, 05:27:43 PM
 #459

Will be bounty?
paulmaritz
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June 07, 2017, 05:31:05 PM
 #460

I still think the ICO price was too high for VERI, and the current market price.

From the way I think about it, the higher the price of VERI at start, the less return for my money that I get. If I buy 10k worth of VERI at $70 and it goes to $85 I have only made ~$2,000 profit.

If I buy 10k worth of HumanIQ ( not sponsoring just taking another project) and it goes from $0.16 to 1 dollar, I have made $50,000.

Which one is the better investment in terms of % RoI for my money spent? Not saying I do not think VERI is a good project or that it does not have potential. If the price was $7 each I would buy 10k worth tomorrow, but since it is $70, I will put my money where the returns have the potential to be much great.

Real world example, would you have rather had 10k invested in ETH at $100, or 10k invested in Stratis Token at $1... do the math.


You're still not getting it ... good luck getting VERI before it's $500 and then $5,000 then $50,000 then $500,000 then $5,000,000

 Wink

Oh I get it fully, I thought long and hard about investing in the ICO and decided against it. I sincerely hope that the price does go up as you suggest and that you ICO investors get rich. If I miss out I miss out, but that doesn't mean I am upset about it. I chose to not invest after doing my due diligence.

"due diligence" based on price movements alone?

P.S. "If the price was $7 each I would buy 10k worth tomorrow"


Love to hear the rationale about the DD that caused the above investor to shun this investment.

If the value I see in Veritaseum can at all be recognized by the financial crowd I think we will not need to worry at all about the price.  I don't know how to count that high.  It might get pretty silly. 

All I know is the ICO ratio was 30-1 and it is trading around 4-1, on a small exchange, as a start, this week.  A ratio move of 30-1 to 4-1, isn't that about a 7 fold move already?  Granted the mkt is illiquid  and doesn't take $.  However it may be a strong indication of where the price is going, i.e. up

My thoughts exactly. In addition, the downside risk is only that high. If the price of VERI tokens goes to zero, I will lose a few hundred dollars at best in terms of my purchase. The risk of not participating in something that could turn the world the right side up is something I personally cannot stomach. Sorry to get corny about it, but this might be our "one chance" (https://youtu.be/G4Ym9zokSZo).
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