VERITASEUM DISCUSSION THREAD

[endchat]

He he he he. 1000 VERI wall is/was ignored. Was taken only 2.9 VERI from this wall. Ha ha ha ha ha ha. People are trading mainly around this wall slightly below not taking it or above. LOL. The best answer to attempted manipulation is to ignore it. Bravo to the people.

just buy the wall. 0.69 is nothing

been doing that all damn day lol...its almost gone...

[jbl888]

946 Currencies and Assets listed ... VERI #21

This is like College Football  ... we may be #21 but NOBODY wants to play us, not even the ones ranked in the Top 5 ... NO ONE


21   Veritaseum Veritaseum   VERI   $362,296,990   $184.16   1,967,295 *   $2,101,610   -13.71%   37.34%   113.67%



 

[CryptoXMan]

He he he he. 1000 VERI wall is/was ignored. Was taken only 2.9 VERI from this wall. Ha ha ha ha ha ha. People are trading mainly around this wall slightly below not taking it or above. LOL. The best answer to attempted manipulation is to ignore it. Bravo to the people.

just buy the wall. 0.69 is nothing

been doing that all damn day lol...its almost gone...

and... it's GONE

[YGung]

New to Veritaseum and thinking about making a splash.  Question, Why is the circulating supply of this token less than 2 million?  I understand Veritaseum owns 51mil of the 100mil total supply, but what's the deal with the other ~47mil VERI tokens?

[endchat]

New to Veritaseum and thinking about making a splash.  Question, Why is the circulating supply of this token less than 2 million?  I understand Veritaseum owns 51mil of the 100mil total supply, but what's the deal with the other ~47mil VERI tokens?

Only being sold to private investors, institutions and nation states from my understanding

[alicea]

Unfortunately I missed the crowd sale campaign, can you please tell me where are you guys buying Veritas tokens from?

[endchat]

Unfortunately I missed the crowd sale campaign, can you please tell me where are you guys buying Veritas tokens from?

https://etherdelta.github.io/#VERI-ETH

[ngin-x]

New to Veritaseum and thinking about making a splash.  Question, Why is the circulating supply of this token less than 2 million?  I understand Veritaseum owns 51mil of the 100mil total supply, but what's the deal with the other ~47mil VERI tokens?

That is part of the scam nobody here wants you to know about. Don't fall for that trap. Gnosis laid the same trap for investors who are going to pay with blood someday.

Seriously, you want to invest in a coin with 98% of the supply artificially restricted or owned by the devs or unaccounted for?

There are plenty of legit coins around. Do your research and stay away from this shitcoin.

[Josef27]

New to Veritaseum and thinking about making a splash.  Question, Why is the circulating supply of this token less than 2 million?  I understand Veritaseum owns 51mil of the 100mil total supply, but what's the deal with the other ~47mil VERI tokens?

That is part of the scam nobody here wants you to know about. Don't fall for that trap. Gnosis laid the same trap for investors who are going to pay with blood someday.

Seriously, you want to invest in a coin with 98% of the supply artificially restricted or owned by the devs or unaccounted for?

There are plenty of legit coins around. Do your research and stay away from this shitcoin.

LOL, So far 34 million have been sold OTC to private businesses/ Institutions and or governments. These software tokens are for use in the Veritaseum platform and not dumped on exchanges like whatever coin you mentioned. The Veri software token is reserved and sold directly to financial institutions and the like from the Veritaseum offices. If your not one of those you missed the boat. The only way to get them is from the limited ICO resellers.

[WeatlhTransfer]

New to Veritaseum and thinking about making a splash.  Question, Why is the circulating supply of this token less than 2 million?  I understand Veritaseum owns 51mil of the 100mil total supply, but what's the deal with the other ~47mil VERI tokens?

That is part of the scam nobody here wants you to know about. Don't fall for that trap. Gnosis laid the same trap for investors who are going to pay with blood someday.

Seriously, you want to invest in a coin with 98% of the supply artificially restricted or owned by the devs or unaccounted for?

There are plenty of legit coins around. Do your research and stay away from this shitcoin.

LOL, So far 34 million have been sold OTC to private businesses/ Institutions and or governments. These coins are for use in the Veritaseum platform and not dumped on exchanges like whatever coin you mentioned.

I can see from your post that this ngin-x is still spreading his verbal diarrhoea. He could participate as the rest of us and be already a millionaire. Like me. Like the rest of top 54 VERI holders and more are coming. Thank you Reggie. I know that you will make many more millionaires and I am happy for each and everyone of them. Even if this happens to be bitter, childish ngin-x user.

[ngin-x]

New to Veritaseum and thinking about making a splash.  Question, Why is the circulating supply of this token less than 2 million?  I understand Veritaseum owns 51mil of the 100mil total supply, but what's the deal with the other ~47mil VERI tokens?

That is part of the scam nobody here wants you to know about. Don't fall for that trap. Gnosis laid the same trap for investors who are going to pay with blood someday.

Seriously, you want to invest in a coin with 98% of the supply artificially restricted or owned by the devs or unaccounted for?

There are plenty of legit coins around. Do your research and stay away from this shitcoin.

LOL, So far 34 million have been sold OTC to private businesses/ Institutions and or governments. These coins are for use in the Veritaseum platform and not dumped on exchanges like whatever coin you mentioned.

I can see from your post that this ngin-x is still spreading his verbal diarrhoea. He could participate as the rest of us and be already a millionaire. Like me. Like the rest of top 54 VERI holders and more are coming. Thank you Reggie. I know that you will make many more millionaires and I am happy for each and everyone of them. Even if this happens to be bitter, childish ngin-x user.

Damn the level of shilling and boot licking is off the charts here. It's funny as hell. Do you even listen to yourself sometimes? Other coins have their shills too but this is ridiculous.

You think we can't see what's going on here? Some of you shills hold a truckload of this coin and now are hyping it up to convince some fools to take those bags off of you. Don't worry man, not everyone knows about the greater fool theory yet.

[Josef27]

New to Veritaseum and thinking about making a splash.  Question, Why is the circulating supply of this token less than 2 million?  I understand Veritaseum owns 51mil of the 100mil total supply, but what's the deal with the other ~47mil VERI tokens?

That is part of the scam nobody here wants you to know about. Don't fall for that trap. Gnosis laid the same trap for investors who are going to pay with blood someday.

Seriously, you want to invest in a coin with 98% of the supply artificially restricted or owned by the devs or unaccounted for?

There are plenty of legit coins around. Do your research and stay away from this shitcoin.

LOL, So far 34 million have been sold OTC to private businesses/ Institutions and or governments. These coins are for use in the Veritaseum platform and not dumped on exchanges like whatever coin you mentioned.

I can see from your post that this ngin-x is still spreading his verbal diarrhoea. He could participate as the rest of us and be already a millionaire. Like me. Like the rest of top 54 VERI holders and more are coming. Thank you Reggie. I know that you will make many more millionaires and I am happy for each and everyone of them. Even if this happens to be bitter, childish ngin-x user.

Damn the level of shilling and boot licking is off the charts here. It's funny as hell. Do you even listen to yourself sometimes? Other coins have their shills too but this is ridiculous.

You think we can't see what's going on here? Some of you shills hold a truckload of this coin and now are hyping it up to convince some fools to take those bags off of you. Don't worry man, not everyone knows about the greater fool theory yet.

Huge difference between shilling and the truth (Veritas)  No need to shill because we know what we have. Its others ? like yourself that come here trying to convince/fud otherwise.  Don't you think if this was a scam/shit coin everyone one would be dumping at $200 per token?  You would be hard pressed to find more than 1000 tokens forsale. I can't think of any other crypto that can say that..

[tex83rb]

every time there is someone trying to spread scam word in everything. but to do so, you would have confirmations...


instead i can see confirmations of solidity of the project from the management and the work of reggie and the staff

and many comments in favour from the crypto community.

so things i think can be 2

person trying to obtain tokens at low price

of person angry to not purchsed them in the ico.

[azmojo]

every time there is someone trying to spread scam word in everything. but to do so, you would have confirmations...


instead i can see confirmations of solidity of the project from the management and the work of reggie and the staff

and many comments in favour from the crypto community.

so things i think can be 2

person trying to obtain tokens at low price

of person angry to not purchsed them in the ico.

Kind of funny/sad. ALL coins seem to have the same FUD in their forums.

[paulmaritz]

[toknormal]

New to Veritaseum and thinking about making a splash.  Question, Why is the circulating supply of this token less than 2 million?  I understand Veritaseum owns 51mil of the 100mil total supply, but what's the deal with the other ~47mil VERI tokens?

Seriously, you want to invest in a coin with 98% of the supply artificially restricted or owned by the devs or unaccounted for?

There are plenty of legit coins around. Do your research and stay away from this shitcoin.

LOL, So far 34 million have been sold OTC to private businesses/ Institutions and or governments. These software tokens are for use in the Veritaseum platform and not dumped on exchanges

Although I don't make any judgment over the ICO policy in general, ngin-x is at least correct in one principle.

These are not stocks - where some trusted entity "issues" the new stock. They are decentralised assets and the issuer is the blockchain. In that respect, Reggie Middleton is no different in status from any other wallet holder - he just happens to hold the largest wallet. Further, the conventional definition of "circulating supply" for decentralised assets is what the blockchain has issued, not what the largest holder manages to sell out of their particular wallet.

Even if we were to stretch the definition of "marketcap" just to suit this one asset and redefine "circulating supply" as that which is being made available to markets, the ~1.9 Million ICO tokens are probably less qualified than the 98 Million in RM's wallet since that's the part of the supply being actively marketed to OTC customers such as banks and sovereigns while the proportion of traded volume involving the minority reported supply is miniscule.

The correctly calculated marketcap for Veritasium is therefore currently as shown below:




based on...

[azmojo]

Selective timing... Someone bought a tiny amount at 1.0ETH. Price is now at .7ETH on Etherdelta, about $182.

I predict true sustained ethereum parity before the end of July.

[Dorky]

I said it before that the 2 mil circulating supply will be an issue and true enough every now and then it is brought up as an issue.
But someone pointed out to me that market cap is based on the circulating supply, thus Veritaseum's pricing is as valid as every other listed cryptos and tokens.

[paulmaritz]

New to Veritaseum and thinking about making a splash.  Question, Why is the circulating supply of this token less than 2 million?  I understand Veritaseum owns 51mil of the 100mil total supply, but what's the deal with the other ~47mil VERI tokens?

Seriously, you want to invest in a coin with 98% of the supply artificially restricted or owned by the devs or unaccounted for?

There are plenty of legit coins around. Do your research and stay away from this shitcoin.

LOL, So far 34 million have been sold OTC to private businesses/ Institutions and or governments. These software tokens are for use in the Veritaseum platform and not dumped on exchanges

Although I don't make any judgment over the ICO policy in general, ngin-x is at least correct in one principle.

These are not stocks - where some trusted entity "issues" the new stock. They are decentralised assets and the issuer is the blockchain. In that respect, Reggie Middleton is no different in status from any other wallet holder - he just happens to hold the largest wallet. Further, the conventional definition of "circulating supply" for decentralised assets is what the blockchain has issued, not what the largest holder manages to sell out of their particular wallet.

Even if we were to stretch the definition of "marketcap" just to suit this one asset and redefine "circulating supply" as that which is being made available to markets, the ~1.9 Million ICO tokens are probably less qualified than the 98 Million in RM's wallet since that's the part of the supply being actively marketed to OTC customers such as banks and sovereigns while the proportion of traded volume involving the minority reported supply is miniscule.

The correctly calculated marketcap for Veritasium is therefore currently as shown below:




based on...

As Reggie previously posted in response to your assertions:

"You don't seem to understand how the institutional market works. Let's pick apart your assertions.

Large investors rarely transact through exchanges in bulk because that is ineffecient and slippage drives the price. I made three deals in the last 24 hours, one was with one of the largest stock exchanges in the Caribbean region (can't quantify the VERI value, but expect it to be big), one was with a UHNW individual (starting with a $1-$1.5M purchase), and one with a sovereign nation. There's another I'm looking to close next month that will be bigger than these three combined. Not one of them will go through the extant exchanges (as a matter of fact, two of them are for building exchnages). Not only will these transactions not drive the price of VERI down, they should drive it higher since significantly more value will go though Veritaseum systems relative to the ROW (rest of the world) than before.
Every single big block sale I make out of the 98M outstanding is extremely bullish for the existing VERI holders. It's Metcalfe's law and the network effect, my friend.

Your argument is akin to saying the Internet is overvalued because there's the potential for 100s of millions of new users to come onboard.... What!!!???"

[paulmaritz]

Selective timing... Someone bought a tiny amount at 1.0ETH. Price is now at .7ETH on Etherdelta, about $182.

I predict true sustained ethereum parity before the end of July.

Yeah, selective timing. The price is now at $183.58.