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Author Topic: VERITASEUM DISCUSSION THREAD  (Read 250993 times)
HBayter
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December 30, 2017, 11:26:55 AM
 #3061

What exactly is your token? Is it protocol coin, utility token or tokenized security?
buyabit
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December 30, 2017, 01:17:03 PM
 #3062

What exactly is your token? Is it protocol coin, utility token or tokenized security?

I believe it would be a good idea for you to spend a little time to conduct some due diligence on the company. Have a look at the companies website, scroll through this forum and then go to you tube perhaps as there are a number of videos discussing the company.

I am an owner of the Veritaseum tokens and I plan on using them on the companies platform in 2018.
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January 01, 2018, 09:09:22 PM
 #3063

I don't know about you all, but I can hardly wait to find out what 2018 is going to reward all of us Veri Holders with Smiley  I want to personally wish each and every one of you a VERI Successful 2018!!! 

paulmaritz
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January 01, 2018, 09:54:48 PM
 #3064

I don't know about you all, but I can hardly wait to find out what 2018 is going to reward all of us Veri Holders with Smiley  I want to personally wish each and every one of you a VERI Successful 2018!!! 



Thank you. The same to you. Cool
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January 02, 2018, 12:58:02 AM
 #3065

Yes! Best of luck to the VERI team and all VERI holders in 2018! Big tings a gwan!
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January 02, 2018, 03:41:49 PM
 #3066

Yes! Best of luck to the VERI team and all VERI holders in 2018! Big tings a gwan!
Veri's been progressively rising since the limited beta  VeADIR release despite fluctuations in other cryptos eg bitcoin and ethereum.
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January 02, 2018, 04:04:37 PM
 #3067

Since, Veritas is one of the top 5 most liquid token at ED, maybe Reggie & team can apply for listing at Kucoin.
Kucoin is very open and receptive to new token listing and I don't think they will be biased.
This will help 1) provide Veritas with a lot more liquidity, 2) additional alternative beside using ED, and 3) potentially push Veritas to much higher high.
It just takes Reggie & team some willpower to apply for a listing would do.
jama2905
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January 02, 2018, 07:21:39 PM
 #3068

Since, Veritas is one of the top 5 most liquid token at ED, maybe Reggie & team can apply for listing at Kucoin.
Kucoin is very open and receptive to new token listing and I don't think they will be biased.
This will help 1) provide Veritas with a lot more liquidity, 2) additional alternative beside using ED, and 3) potentially push Veritas to much higher high.
It just takes Reggie & team some willpower to apply for a listing would do.
Isn't VeAIDR a potential competitor to exchanges? Maybe that's why it's not widely listed.
azmojo
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January 02, 2018, 09:52:02 PM
 #3069

Reggie Live on Youtube now: https://www.youtube.com/watch?v=vY5CRJCnICs

And now my review of the VEADIR. Here is my experience and how it works.

3 days ago, I purchased 1 ETH of exposure for .01 VERI for 2 days. That required me to (of course) have 1 ETH and .01 VERI. The current ratio is 1VERI:100ETH, and it is now capped at .01 VERI as I understand.

When I submitted my order, it went into an "open" status for some time. A few hours later I notice that the status transitioned to "Collected" and my 2 day countdown began.

After 2 days the status transitioned to closed and indicated that I had lost 1.28%. I then "Settled" the transaction and the .98x ETH was returned to my wallet.

You can see on the VEADIR page when the VEADIR creates bucked and buys & sells tokens, but there is no indication if it is "your" bucket" or if the transactions are related to your exposure. There is also no indication as to the value of your exposure while it is exposed. You just have to wait for it to end and find out how much you made or lost.

My conclusion from this trial is that this is meant for more long term exposure. Cryptos move a lot but normally you can't expect to necessarily make a lot in 2 days... I would expect that you'll want to do it by the month or months. There is no way to precisely time the entry or exit of the exposure so you're at the whim of the markets of the time period you choose.

Yes, I lost 1.2% over 2 days but that is probably not a bad result considering the natural trading spreads are greater than 1.2%. Even then, you're just buying exposure to that basket of tokens and if crypto has a bad day or week your results will reflect that.

Overall the interface is slick and easy to use and I did not notice any bugs.

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buyabit
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January 02, 2018, 11:00:39 PM
 #3070

Watch "VERI, VeADIRs & Disruption: Utility Trumps Speculation" on YouTube Live. Big gains in VERI retail price may mask the message & true value of our products/services. VERI's not an investment & more is to be gained from using it than speculating in it.

From Reggie Middletons' live stream today:

https://www.youtube.com/watch?v=vY5CRJCnICs&feature=youtu.be&a=
Big Naturals
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January 02, 2018, 11:51:39 PM
 #3071

Is it correct that people can 'rent' out their Veri and earn income? If yes, how?
thanks
azmojo
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January 03, 2018, 04:59:14 AM
 #3072

Is it correct that people can 'rent' out their Veri and earn income? If yes, how?
thanks
Yes, once the public beta goes live you will be able to rent your VERI on the VEADIR app.

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|CRYPTOCURRENCY WALLET AND
WORLDWIDE DEBIT CARDS         ||
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                             ▄██████▄
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panorama
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January 03, 2018, 05:15:51 AM
 #3073

Reggie Live on Youtube now: https://www.youtube.com/watch?v=vY5CRJCnICs

And now my review of the VEADIR. Here is my experience and how it works.

3 days ago, I purchased 1 ETH of exposure for .01 VERI for 2 days. That required me to (of course) have 1 ETH and .01 VERI. The current ratio is 1VERI:100ETH, and it is now capped at .01 VERI as I understand.

When I submitted my order, it went into an "open" status for some time. A few hours later I notice that the status transitioned to "Collected" and my 2 day countdown began.

After 2 days the status transitioned to closed and indicated that I had lost 1.28%. I then "Settled" the transaction and the .98x ETH was returned to my wallet.

You can see on the VEADIR page when the VEADIR creates bucked and buys & sells tokens, but there is no indication if it is "your" bucket" or if the transactions are related to your exposure. There is also no indication as to the value of your exposure while it is exposed. You just have to wait for it to end and find out how much you made or lost.

My conclusion from this trial is that this is meant for more long term exposure. Cryptos move a lot but normally you can't expect to necessarily make a lot in 2 days... I would expect that you'll want to do it by the month or months. There is no way to precisely time the entry or exit of the exposure so you're at the whim of the markets of the time period you choose.

Yes, I lost 1.2% over 2 days but that is probably not a bad result considering the natural trading spreads are greater than 1.2%. Even then, you're just buying exposure to that basket of tokens and if crypto has a bad day or week your results will reflect that.

Overall the interface is slick and easy to use and I did not notice any bugs.

Thanks for the overview!

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January 03, 2018, 05:38:07 AM
 #3074

Since, Veritas is one of the top 5 most liquid token at ED, maybe Reggie & team can apply for listing at Kucoin.
Kucoin is very open and receptive to new token listing and I don't think they will be biased.
This will help 1) provide Veritas with a lot more liquidity, 2) additional alternative beside using ED, and 3) potentially push Veritas to much higher high.
It just takes Reggie & team some willpower to apply for a listing would do.
Isn't VeAIDR a potential competitor to exchanges? Maybe that's why it's not widely listed.

Both HitBTC and Mercatox (where Veritas is listed) are exchanges.
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January 03, 2018, 09:13:59 AM
 #3075

Since, Veritas is one of the top 5 most liquid token at ED, maybe Reggie & team can apply for listing at Kucoin.
Kucoin is very open and receptive to new token listing and I don't think they will be biased.
This will help 1) provide Veritas with a lot more liquidity, 2) additional alternative beside using ED, and 3) potentially push Veritas to much higher high.
It just takes Reggie & team some willpower to apply for a listing would do.
Isn't VeAIDR a potential competitor to exchanges? Maybe that's why it's not widely listed.

Both HitBTC and Mercatox (where Veritas is listed) are exchanges.

avoid Hitbtc at all costs!! I had my VERI stuck there for 3 weeks, I got the money back but it was the worst experience ever..
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January 04, 2018, 09:12:54 PM
 #3076

VeADIR in ACTION! Sample portfolio $1.8M to $7.2M <3 months. See VeADIR actively buying/selling assets guided by Veritaseum's proprietary research. It's easily the hottest thing in crypto. I will give free VeADIR exposures to select Family Offices.

Video https://www.youtube.com/watch?v=vY5CRJCnICs
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January 05, 2018, 03:36:55 PM
 #3077

Clarification regarding my last tweet on VeADIR portfolio. VERI is listed in VeADIR, but be aware that VERI is necessary for VeADIR to operate. Without VERI, there is no VeADIR. For those confused about VERI as an investment vs a utility, see this video:

https://www.youtube.com/watch?v=vY5CRJCnICs
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January 05, 2018, 10:46:05 PM
Last edit: January 06, 2018, 02:37:37 AM by buyabit
 #3078

Some various quotes today from Reggie.

The advantage of bucking "Follow the crowd, emulate the sellside fee churning machine mentality" afforded by our token sale? While VC & early IPO funded cos. focus their businesses on selling to the next investors or 3 mths ahead (next qtr), we measure value generations at a time.

Many have judged token offerings to be scams. The reasons for doing so are... Well, scammy. Yes, many out for a quick buck, but quality is judged by execution, concept & track record, not websites & white papers. VERI tokens allow us to buck the short term, follow the crowd trend.

I came up with the original Veritaseum concept in 2013 & plan to release a fully functioning product this quarter. VCs, private & public equity investors can't fathom that level of patience. The reason? They target liquidity event investors. We target multi-generational wealth.
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January 05, 2018, 10:52:19 PM
 #3079

Clarification regarding my last tweet on VeADIR portfolio. VERI is listed in VeADIR, but be aware that VERI is necessary for VeADIR to operate. Without VERI, there is no VeADIR. For those confused about VERI as an investment vs a utility, see this video:

https://www.youtube.com/watch?v=vY5CRJCnICs

I described my experience above but in a more general sense, it's like buying into an ETF for a certain amount of time. The amount of ETH you want to invest costs you 1/100th in VERI. So 10 ETH costs you .1 VERI. 100 ETH costs you 1 VERI. As soon as you buy into the VEADIR, it acquires a proportional share of tokens for your stake, and likewise it sells them at the end of the term.

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WORLDWIDE DEBIT CARDS         ||
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buyabit
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January 06, 2018, 05:21:33 PM
 #3080

A few more messages from Reggie Middleton

Veritaseum seeks polished exec w/ Rolodex of family offices; can discuss strategies/explain risk-adj reward of digital assets like a software engineer trained in global macro & close deals like a polished politico. You can raise $500M-$1B in assets & must assist team in retention.

VERI quotes to die for, pt 1/2:
"Will VERI disrupte the legacy financial model currently being applied by exchanges in the crypto space as early as next week? Exchange listed coins currently  having to pony up a mil. to get listed! Join Telegram discussion.

VERI quotes to die for, pt 2/2:
Listing on VeADIR can legitimize a project, based off of fundamentals vs exchange listing fees - the very same rent seeking model applied to crypto that btc set out to undercut in the 1st place.
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