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Author Topic: VERITASEUM DISCUSSION THREAD  (Read 250685 times)
azmojo
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July 23, 2017, 06:37:39 AM
Last edit: July 23, 2017, 07:02:02 AM by azmojo
 #1861

You clearly don't understand VERI. Watch Reggie's latest video:
https://www.youtube.com/watch?v=JKHFPGtVxq4

VERI is software, NOT equity, not anything else.

EDIT:
At the end of the video:
"There's going to be some media reports coming out, that's going to be an INTERESTING ride!"

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July 23, 2017, 07:05:42 AM
 #1862

All TokNormal ever post are to cheer the super instamined DASH and troll the VERI forum....   Why are you guys even responding to him.  Just stop.   
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July 23, 2017, 08:26:31 AM
 #1863

It is unfortunate that toknormal is a cheerleader to Dash, because:
1) If bitcoin scales successfully, the role of providing anonymous/private transactions can be taken over by bitcoin.
2) If bitcoin does not scale, regulation will still eventually be in place and stifle Dash's future.

Either way, Dash is a sell.

toknormal is just making things up as he goes along.
Every single argument he make can be discredited.


     
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July 23, 2017, 08:30:45 AM
 #1864

Reggie, have you ever thought about shaving your head bald and your moustache/beard too?
You may actually look 20 years sexier if you do that.


     
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July 23, 2017, 08:34:25 AM
 #1865


VERI is software, NOT equity, not anything else.

VERI is a tradeable token and I didn't anywhere suggest it was equity.

I appears that you believe our venture is with the Bank of Jamacia, but it is with the Jamacian Stock Exchange.

Ah yes, the JSE, thanks for the correction. https://steemit.com/cryptocurrency/@mind-steem/update-from-reggie-middleton-veritaseum-is-taking-jamaica-to-the-next-level

Quote
We have a signed MOU with the Chairaman of the Board and the Managing Director of the Jamaica Stock Exchange to do a rapid buildout of a digital asset exchange via joint venture

So what is the nature of the MOU  and who are its signatories ? Is the actual text of the MOU in the public domain ?
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July 23, 2017, 09:12:09 AM
 #1866

Veritaseum — Revolutionizing Smart Contracts and Peer-to-Peer Capital Markets: http://www.cryptocoinupdates.com/veritaseum-revolutionizing-smart-contracts-and-peer-to-peer-capital-markets/
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July 23, 2017, 09:13:50 AM
 #1867

VERI is a tradeable token and I didn't anywhere suggest it was equity.

By suggesting participation in VERI is an investment, you are implying the token is an equity.

Similarly, you also used a completely flawed example of accounting to indicate Veritaseum's equity is zero.

Thus, I strongly believe you do suggest the token was/is equity.


     
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July 23, 2017, 09:36:54 AM
 #1868

https://pbs.twimg.com/media/DFaNbuOW0AASrAG.jpg:large

new slogan? like it!
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July 23, 2017, 09:40:19 AM
 #1869


Thus, I strongly believe you do suggest the token was/is equity.

Indeed, you believe lots of things I notice. Nevertheless you can take it that I'm not suggesting that VERI itself is a corporate entity but rather that it can manifest as an asset of such a corporate entity.
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July 23, 2017, 09:56:02 AM
 #1870

big wall gets eaten
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July 23, 2017, 10:38:38 AM
 #1871


Thus, I strongly believe you do suggest the token was/is equity.

Indeed, you believe lots of things I notice. Nevertheless you can take it that I'm not suggesting that VERI itself is a corporate entity but rather that it can manifest as an asset of such a corporate entity.


Yeah, I do believe in lots of things, but it's not like you can list them all out here.
And you are just playing word game here with unsubstantiated claims.
From most of your comments, I can see you are not academically/formally educated, more like self-educated.
And you do not have professional background in any field.


     
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July 23, 2017, 11:03:51 AM
 #1872

It is unfortunate that toknormal is a cheerleader to Dash, because:
1) If bitcoin scales successfully, the role of providing anonymous/private transactions can be taken over by bitcoin.
2) If bitcoin does not scale, regulation will still eventually be in place and stifle Dash's future.

Either way, Dash is a sell.

toknormal is just making things up as he goes along.
Every single argument he make can be discredited.

Exactly... don't respond to trolls.  You keep quoting him and he thinks he's getting the attention he desperately needs.  Can you PLEASE STOP quoting him?!??!
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July 23, 2017, 11:13:13 AM
 #1873


Thus, I strongly believe you do suggest the token was/is equity.

Indeed, you believe lots of things I notice. Nevertheless you can take it that I'm not suggesting that VERI itself is a corporate entity but rather that it can manifest as an asset of such a corporate entity.


Yeah, I do believe in lots of things, but it's not like you can list them all out here.
And you are just playing word game here with unsubstantiated claims.
From most of your comments, I can see you are not academically/formally educated, more like self-educated.
And you do not have professional background in any field.

Dorky. You seem well educated and fairly intelligent. On the top of that you are also patient and willing to help/educate. I would feel much better and would be also much more productive for our VERI community as a whole, for you to allocate your precious and limited time into writing/recording some more tehnical stuff and creating a "document" aka VERI for dummies video/PPT version. By doing that you would create something immensely important for VERI holders and others too. Your time is too valuable to waste it on people like toknormal.    
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July 23, 2017, 12:48:05 PM
Last edit: July 23, 2017, 05:55:01 PM by toknormal
 #1874


I would feel much better....for you to allocate your precious and limited time into writing/recording some more tehnical stuff and creating a "document" aka VERI for dummies video/PPT version.

Indeed Dorky.

Something that illustrates the various aspects of the business model from the perspective of all stakeholders involved, as well as each of their priorities and risks, i.e.

 • ICO/exchange market investors
 • the interests of the issuing corporate entity
 • potential "institutional investors"

Here's an example to start you off and give you some ideas. This one illustrates the two potential scenarios I outlined in an earlier posts whereby instead of selling the 'reserved' token supply on the open market they are held by a corporate entity instead and shares sold in that corporate entity. As you correctly say, I may have no idea what I'm talking about - it's just that scenario 2 looks far more attractive to me both from the issuer's point of view and from that of prospective 'institutional'. Feel free to respond with a similar document showing why it isn't.

Finally, there is one aspect missing from this analysis of course. That's the thing that everyone has been asserting consistently in this thread which is that VERI is "software" and not a "trading security" (even though it's traded and held as one by every poster I've seen). But to make a proper appraisal of that dimension of the token we'd need to see the applications concerned and be able to quantify its potential revenue earning capacity.

Lets see what Monday brings on that front Wink



elmanager
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July 23, 2017, 08:39:55 PM
 #1875


I would feel much better....for you to allocate your precious and limited time into writing/recording some more tehnical stuff and creating a "document" aka VERI for dummies video/PPT version.

Indeed Dorky.

Something that illustrates the various aspects of the business model from the perspective of all stakeholders involved, as well as each of their priorities and risks, i.e.

 • ICO/exchange market investors
 • the interests of the issuing corporate entity
 • potential "institutional investors"

Here's an example to start you off and give you some ideas. This one illustrates the two potential scenarios I outlined in an earlier posts whereby instead of selling the 'reserved' token supply on the open market they are held by a corporate entity instead and shares sold in that corporate entity. As you correctly say, I may have no idea what I'm talking about - it's just that scenario 2 looks far more attractive to me both from the issuer's point of view and from that of prospective 'institutional'. Feel free to respond with a similar document showing why it isn't.

Finally, there is one aspect missing from this analysis of course. That's the thing that everyone has been asserting consistently in this thread which is that VERI is "software" and not a "trading security" (even though it's traded and held as one by every poster I've seen). But to make a proper appraisal of that dimension of the token we'd need to see the applications concerned and be able to quantify its potential revenue earning capacity.

Lets see what Monday brings on that front Wink





  Thank you for your illustrates. Wink

CryptoXMan
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July 23, 2017, 08:55:36 PM
 #1876

Toknormal, you better go and defend your dash... seems people are leaving in droves cause of people like you....

https://www.reddit.com/r/litecoin/comments/6p2fwh/just_sold_all_my_dash_for_litecoin/
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July 23, 2017, 10:14:13 PM
 #1877




Right, because business owners want to dilute themselves every time they acquire a new customer.

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megashira1
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July 23, 2017, 10:51:57 PM
 #1878

$4.5million USD worth of VERI stolen



See here:

https://ethplorer.io/address/0x17f96db403e2f8e0461f9d75e1f1a3a0caff3fb5#pageSize=100

https://ethplorer.io/address/0x3fff90bf314673194c3a265ed1c0aa68f59550c4#pageSize=100


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July 23, 2017, 11:19:48 PM
 #1879

That explains the dumping on ED.

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megashira1
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July 23, 2017, 11:31:55 PM
 #1880

That explains the dumping on ED.

Yes, expect the price to be suppressed for short term.



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