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paulmaritz
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July 28, 2017, 10:13:53 PM |
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Dont bet the farm on that, the law was not in force when the ICO happened. I would be more concerned of new ICO's, but thew will just go into other jurisdictions, like asia for example. In addition, I've never heard of a lawfully registered company that is not allowed to sell licenses and/or tokens needed to access its software. |
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Steffoboy
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I'm so poor I can't even pay attention
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July 28, 2017, 10:32:56 PM |
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Dont bet the farm on that, the law was not in force when the ICO happened. I would be more concerned of new ICO's, but thew will just go into other jurisdictions, like asia for example. In addition, I've never heard of a lawfully registered company that is not allowed to sell licenses and/or tokens needed to access its software. Indeed and on top of all that, the added value for the tokens is coming from a third party, not as a dividend from the company that sold the tokens in the first place, so it is several layers here making this different. Bitcoin people fail to understand that, and they seldom talk about all the darknet illegal drugtrades that propping the bitcoin up, so now when the major darknet markets have been taken down, and the major bitcoin tumbler has been taken down, what will prop up the bitcoin? Ethereum will stay undervalued until the dust settles after the bitcoin fork, i think it will rally strong after that and therefore drag all the other altcoins/tokens with it. Many has exchanged Veri for bitcoins, since that was where the price drop was, as i said before, i think they want to get the free Bitcoin cash for it and then re buy theirs position, but since the market has fallen on veri in a very thin trade, i think we can see a massive spike in price after august 1, so i think many will lose on that trade, since the price gap between veri/bitcoin seems to be larger than the actual difference in Bitcoin/Bitcoin cash |
Worldmining Bitcoin mining: 100 Gh for 15 USD, 1 Year contract. maintenance fee 0 USD Payouts at 5 USD Minimum investment 15 USD Free 30 GH on Signup! 0,13 USD per 100 GH/ 15 Usd investment.Take a look: https://world-mining.net/563807990/1/
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greyswan
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July 28, 2017, 11:36:43 PM |
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Dont bet the farm on that, the law was not in force when the ICO happened. I would be more concerned of new ICO's, but thew will just go into other jurisdictions, like asia for example. In addition, I've never heard of a lawfully registered company that is not allowed to sell licenses and/or tokens needed to access its software. Indeed and on top of all that, the added value for the tokens is coming from a third party, not as a dividend from the company that sold the tokens in the first place, so it is several layers here making this different. Bitcoin people fail to understand that, and they seldom talk about all the darknet illegal drugtrades that propping the bitcoin up, so now when the major darknet markets have been taken down, and the major bitcoin tumbler has been taken down, what will prop up the bitcoin? Ethereum will stay undervalued until the dust settles after the bitcoin fork, i think it will rally strong after that and therefore drag all the other altcoins/tokens with it. Many has exchanged Veri for bitcoins, since that was where the price drop was, as i said before, i think they want to get the free Bitcoin cash for it and then re buy theirs position, but since the market has fallen on veri in a very thin trade, i think we can see a massive spike in price after august 1, so i think many will lose on that trade, since the price gap between veri/bitcoin seems to be larger than the actual difference in Bitcoin/Bitcoin cash > the price gap between veri/bitcoin seems to be larger than the actual difference in Bitcoin/Bitcoin cashBumped for realism.  Although the first is a known known while the second is a known unknown. - rummy |
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mwall90278
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July 29, 2017, 04:40:12 AM |
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Word of the Day...#VERITIZE!
Did yall SEE that new video from Reggie Middleton about the RENT/LEND software application that Veritaseum is building?
Did you SEE that 1:100 push on that GUI?!?!
We ALL should be spreading the WORD about Veritsaeum and supporting the IMAGE and MONUMENTAL success and potential by wearing #Veritaseum T-Shirts!
When your friends and strangers and loved one's see you and ask..."What is Veritaseum"...you can have the august honor and pleasure of telling them all about it.
That video was time stamped JULY 7, 2017. That is 21 days ago! Man, Veritaseum is getting BUSY and moving fast!
Network effect is in FULL effect!
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naaktslak5
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July 29, 2017, 08:53:49 AM
Last edit: July 30, 2017, 11:25:24 PM by mprep |
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Word of the Day...#VERITIZE!
Did yall SEE that new video from Reggie Middleton about the RENT/LEND software application that Veritaseum is building?
Did you SEE that 1:100 push on that GUI?!?!
We ALL should be spreading the WORD about Veritsaeum and supporting the IMAGE and MONUMENTAL success and potential by wearing #Veritaseum T-Shirts!
When your friends and strangers and loved one's see you and ask..."What is Veritaseum"...you can have the august honor and pleasure of telling them all about it.
That video was time stamped JULY 7, 2017. That is 21 days ago! Man, Veritaseum is getting BUSY and moving fast!
Network effect is in FULL effect!
spam. people rather buy Veri itself than a thirt.
What does this mean for Veritaseum (and other cryptos)? |
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paulmaritz
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July 29, 2017, 09:03:48 AM |
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Word of the Day...#VERITIZE!
Did yall SEE that new video from Reggie Middleton about the RENT/LEND software application that Veritaseum is building?
Did you SEE that 1:100 push on that GUI?!?!
We ALL should be spreading the WORD about Veritsaeum and supporting the IMAGE and MONUMENTAL success and potential by wearing #Veritaseum T-Shirts!
When your friends and strangers and loved one's see you and ask..."What is Veritaseum"...you can have the august honor and pleasure of telling them all about it.
That video was time stamped JULY 7, 2017. That is 21 days ago! Man, Veritaseum is getting BUSY and moving fast!
Network effect is in FULL effect!
spam. people rather buy Veri itself than a thirt. Brand awareness is important. Some will buy the t-shirts and others won't. Some will call it spam and others won't. To each his own. |
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paulmaritz
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July 29, 2017, 09:09:34 AM |
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What does this mean for Veritaseum (and other cryptos)? It remains to be seen, but I wouldn't stress about it. It is clear from the Terms & Conditions of participation in the "ICO" that Veritaseum has seen this coming. However, in worst case scenario, I am sure they will move the company to another more friendly jurisdiction if needed. The SEC is certainly not the Alpha and the Omega. |
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AllYourCoins
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July 29, 2017, 09:19:21 AM |
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What does this mean for Veritaseum (and other cryptos)? Based on what was released: probably nada for ICOs that have already been completed such as VERI and the DAO. The SEC said that tokens *can* be securities. It depends on the ICO and what they're trying to offer. Not all ICOs will meet the SEC's definition of a security. According to the SEC: the DAO should have been registered as a security since it dealt with direct profits from investments and offered direct voting for token holders. Companies seeking ICO funding are going to have to be very careful going forward about what they're offering investors. Essentially: if you offer a coin or token for access to a service or its network/ecosystem, the company should be fine as long as they play by SEC rules. The recent SEC news is bullish in my opinion, and is yet another sign of growing maturity for cryptocurrencies and digital assets/tokens. |
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mwall90278
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July 29, 2017, 09:30:16 AM |
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Word of the Day...#VERITIZE!
Did yall SEE that new video from Reggie Middleton about the RENT/LEND software application that Veritaseum is building?
Did you SEE that 1:100 push on that GUI?!?!
We ALL should be spreading the WORD about Veritsaeum and supporting the IMAGE and MONUMENTAL success and potential by wearing #Veritaseum T-Shirts!
When your friends and strangers and loved one's see you and ask..."What is Veritaseum"...you can have the august honor and pleasure of telling them all about it.
That video was time stamped JULY 7, 2017. That is 21 days ago! Man, Veritaseum is getting BUSY and moving fast!
Network effect is in FULL effect!
spam. people rather buy Veri itself than a thirt. Brand awareness is important. Some will buy the t-shirts and others won't. Some will call it spam and others won't. To each his own. Whenever someone does not like a post/.//they call it spam. I don't care. This is a message about Veritaseum in a Veritaseum group. Too many opinions and not enough OPTICAL adVERITIZEments. |
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toknormal
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July 29, 2017, 10:27:39 AM |
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PPT has broken free of its ETH coupling at last.
VERI still going down with the ship.
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dopi
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July 29, 2017, 01:36:53 PM |
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every time the price of veri rises on etherdelta, the big sell walls come in. for the moment this seems enough to reverse the rise. after the price reverses they remove the walls.
we need the big sloshing in for this to break. or the scumballs stop their game.
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YGung
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July 29, 2017, 02:52:23 PM |
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Dont bet the farm on that, the law was not in force when the ICO happened. I would be more concerned of new ICO's, but thew will just go into other jurisdictions, like asia for example. Not proclaiming to be a lawyer, but the "law" in this case existed before the ICOs and the statute of limitations is what would hinder action being taken specifically regarding that. They could take their sweet time building a case if they're within the statue of limitations, and the smart assumption would be that they ARE within those limitations. Jurisdiction is def an issue for SEC..all in all, the press release is not the death blow people are suggesting, there are many credible entities that are spinning the press release as a positive thing. I think Veri up to this pt has done a great job to be mindful of the law and be very weary of how they project what they are offering. Veri has always pushed the utility of the token and the offering of their software as a service over promising investors money simply for owning Veri. Every token should obviously be evaluated separately regarding the potential SEC crackdown, that said, Veri is not one of the tokens I am personally worried about at this time in regards to that. |
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antunes3
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July 29, 2017, 03:48:00 PM |
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clif
clif @clif_high
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3m
Replying to @ReggieMiddleton @Frankiemandi and @BitPopulous
i will make time to accommodate your schedule @ReggieMiddleton for this. They are getting a bit whipped up out in twittersphere...
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TheDuke1984
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July 29, 2017, 03:58:59 PM |
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I'm new to this forum and am hoping to clarify a few items. (Note - I don't own any VERI at this time).
1. How many folks here own VERI with the expectation that the price will increase in value vs own VERI for actual use on the Veritaseum platform?
- Isn't it likely that if most are purchasing with the expectation of an increase in price then the SEC will eventually consider VERI a security?
2. If VERI is used on the platform, what happens to the VERI tokens when redeemed? (If there are approx 2MM tokens in circulation and I redeem 10 for product/service do the 10 tokens redeemed stay in circulation?)
3. If the total supply of VERI is 100MM, at current approx price of $150 the value of the Veritaseum platform is approx $1.5 billion. That seems like a high value but I may be missing something.
Thanks
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dopi
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July 29, 2017, 04:09:39 PM |
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I'm new to this forum and am hoping to clarify a few items. (Note - I don't own any VERI at this time).
1. How many folks here own VERI with the expectation that the price will increase in value vs own VERI for actual use on the Veritaseum platform?
- Isn't it likely that if most are purchasing with the expectation of an increase in price then the SEC will eventually consider VERI a security?
2. If VERI is used on the platform, what happens to the VERI tokens when redeemed? (If there are approx 2MM tokens in circulation and I redeem 10 for product/service do the 10 tokens redeemed stay in circulation?)
3. If the total supply of VERI is 100MM, at current approx price of $150 the value of the Veritaseum platform is approx $1.5 billion. That seems like a high value but I may be missing something.
Thanks
your new in this forum. so first read through the last 50 pages of this forum and you have your answers. |
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Masiah
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July 29, 2017, 06:08:55 PM
Last edit: July 29, 2017, 06:49:12 PM by Masiah |
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FAQ1. What is the difference between Veritaseum and Veritas? Veritaseum is the name of the company that issued a token called Veritas. 2. Is Veritas a form of investment? And why? Veritas is not an investment, it is software. We cannot stop others from speculating on VERI. 3. Why is Veritaseum's market cap so underreported? And is this valid? Coinmarketcap determines market cap using “circulating supply” as supposed to total supply. Whether this number is under reported is up to your preferred method of reporting. In addition, we don’t feel it matters nearly as much as many assume. Market cap, in this sense, is not the same as valuation. Valuation takes a much more focused and rigorous approach than multiplying two numbers. 4. How dependent is Veritaseum to the Ethereum blockchain for its P2P platform? Veritaseum’s products are not dependent on any blockchain because it can be moved to different blockchains. This being said, it will take some engineering effort to port from, and between blockchains. We feel that most new blockchains will be written in such a fashion as to be backwards-compatible with Ethereum applications. 5. When will Veritaseum's P2P platform be available to the public? Veritaseum research is available now Veritaseum rental contracts will beta around 8/29/17 Veritaseum will start announcing “Veritazation” deals during the month of August 2017, showcasing high end advisory services Veritaseum VeADIR Financial Machines will beta around 9/29/17 Veritaseum/Jamaica Stock Exchange digital asset exchange joint venture will beta around 9/29/17 Veritaseum joint venture digital asset exchange joint venture with top ten global securities exchange is slated to debut as proof of concept in 10/15/17, assuming the deal goes through Veritaseum P2P OTC direct value trading will debut in the 4th quarter of 2018 6. Can Veritaseum be made SEC complaint in case that becomes extremely necessary (i.e. SEC dictates ALL ICO entities are investment entities)? Veritaseum was already planning to release public financial reports. We believe we are a software based consultancy, but if forced to comply with SEC regulation as something other than a software vendor, we should have no problem in doing so. 7. Can the platform be ultimately used between peers without going through Veritaseum's team? The goal will be to have the VeADIR able to be 100% autonomous, but until we can develop AI that vets entities wishing to be “veritized”, the VeADIR will have to buy research from Veritaseum. Therefore making it rely partially on the team to prevent unwanted entities from being listed. 8. What does veritize mean? Veritize meaning that an asset is assigned a customized VERI token and that asset is now represented on the blockchain. For example, you can take the lease on a building, veritize it, and now that lease can trade on our digital asset exchanges. Share with others - https://docs.google.com/document/d/1gEfEq779UXp8GKOjyOAICKvf_U8S3lBg1JJ90i9X2-8/edit?usp=sharing
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Masiah
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July 29, 2017, 06:11:03 PM |
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Will post on the website soon
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naaktslak5
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July 29, 2017, 06:32:04 PM |
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FAQ1. What is the difference between Veritaseum and Veritas? Veritaseum is the name of the company that issued a token called Veritas. 2. Is Veritas a form of investment? And why? Veritas is not an investment, it is software. We cannot stop others from speculating on VERI. 3. Why is Veritaseum's market cap so underreported? And is this valid? Coinmarketcap determines market cap using “circulating supply” as supposed to total supply. Whether this number is under reported is up to your preferred method of reporting. In addition, we don’t feel it matters nearly as much as many assume. Market cap, in this sense, is not the same as valuation. Valuation takes a much more focused and rigorous approach than multiplying two numbers. 4. How dependent is Veritaseum to the Ethereum blockchain for its P2P platform? Veritaseum’s products are not dependent on any blockchain because it can be moved to different blockchains. This being said, it will take some engineering effort to port from, and between blockchains. We feel that most new blockchains will be written in such a fashion as to be backwards-compatible with Ethereum applications. 5. When will Veritaseum's P2P platform be available to the public? Veritaseum research is available now Veritaseum rental contracts will beta around 8/29/17 Veritaseum will start announcing “Veritazation” deals during the month of August 2017, showcasing high end advisory services Veritaseum VeADIR Financial Machines will beta around 9/29/17 Veritaseum/Jamaica Stock Exchange digital asset exchange joint venture will beta around 9/29/17 Veritaseum joint venture digital asset exchange joint venture with top ten global securities exchange is slated to debut as proof of concept in 10/15/17, assuming the deal goes through Veritaseum P2P OTC direct value trading will debut in the 4th quarter of 2018 6. Can Veritaseum be made SEC complaint in case that becomes extremely necessary (i.e. SEC dictates ALL ICO entities are investment entities)? Veritaseum was already planning to release public financial reports. We believe we are a software based consultancy, but if forced to comply with SEC regulation as something other than a software vendor, we should have no problem in doing so. 7. Can the platform be ultimately used between peers without going through Veritaseum's team? The goal will be to have the VeADIR able to be 100% autonomous, but until we can develop AI that vets entities wishing to be “veritized”, the VeADIR will have to buy research from Veritaseum. Therefore making it rely partially on the team to prevent unwanted entities from being listed. Share with others - https://docs.google.com/document/d/1gEfEq779UXp8GKOjyOAICKvf_U8S3lBg1JJ90i9X2-8/edit?usp=sharing Nice! What are VeADIR Financial Machines? |
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Masiah
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July 29, 2017, 06:44:46 PM |
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greyswan
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July 29, 2017, 08:25:42 PM |
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