bytonaire
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February 06, 2018, 12:25:04 PM |
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Question about exposure:
Right now in the Beta we are seeing exposure at 1%.
1 VERI to 100 ETH.
In the future it was mentioned that it could be 5%.
1 VERI to 20 ETH.
Assuming I plug-in 1 VERI and assume the 1 VERI/20 ETH exposure in the VeADIR platform:
Question: Can I buy 20 ETH worth of product for 1 VERI? Or not?
What's the point of the exposure? Are there any other benefits? Why not just 1:1 exposure?
Thanks for the help.
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Dorkie
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February 06, 2018, 01:08:58 PM |
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The ratio depends on the cost of getting the exposure to a basket of investment for outperformance.
I think I am the only one in the Veritaseum community that are aware of the importance of reducing token supply. Some others are in favor of reducing the supply, but they have no other basis other than boosting the price. My basis is on reaching the optimal supply, which is actually the existing circulating supply. Reggie would be totally pissed to reduce the remaining 97 mil+ supply because he would earn 97%+ less profit, but as the token can be rented out and resold over and over again, there is no such thing as making less money.
I would like Reggie to explain how reducing the supply would cause him to make less money as a capitalist, despite the fact that the token can be rented out and resold endlessly (unlike Microsoft software license which cannot be rented out nor resold).
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1862
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February 06, 2018, 03:06:31 PM |
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If you're in the business of selling the token as the Veri team are, how would you explain a "token burn" to your next potential clients? "Oh yeah, well we sold X amount to this company last week at $400 each, but now we've burned a load of the tokens, so it'll cost you $4,000 each"  |
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Dorkie
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February 06, 2018, 04:05:02 PM
Last edit: February 06, 2018, 04:39:23 PM by Dorkie |
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"Oh, you don't have anymore token? Sure, I will just borrow from the renters. No big deal with that."
"Wow, $4,000 each? Make it $400,000 each. Problem? Ehhhh... I don't think so. As I am just going to get $8000 worth of exposure (from the initial price of $400 per VERI before it went up to $4,000 or even $400,000), I will continue to get $400 worth of VERI. What? It was $400 a piece and now it's at $400,000 a piece? Sure, I will just get 0.001 VERI for my $8000 worth of exposure. Thanks to high divisibility, you can't stop me with limited supply. Bwah hah hah haaa..."
Only stupid people fail to understand.
Update:
Sheep = "Burning unsold token is against capitalism, because Reggie says so."
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buyabit
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February 06, 2018, 05:55:35 PM |
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And yet Dorkie, with your continued messages on Veritaseum you are still here. Once again, feel free to go and start your own company and show us all how things should be run according to your way of doing business. I will stick with Reggie.
I will keep my Veritaseum tokens and use them as I see fit.
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Dorkie
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February 07, 2018, 02:16:21 AM |
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And yet Dorkie, with your continued messages on Veritaseum you are still here. Once again, feel free to go and start your own company and show us all how things should be run according to your way of doing business. I will stick with Reggie.
I will keep my Veritaseum tokens and use them as I see fit.
Be very objective in your thinking and analysis. For sure, your objective thinking will not help me. But it will help you a lot. I am here not because I think Veritaseum is 100% defective. I am here not because I think Veritaseum is 100% perfect. I am here because I think there can be improvement in place. What is really so darn hard to understand that? You, on the other hand, as well as the rest, are still here, because you invested your money in the project. And you, as well as the rest, are too darn in fear of any potential loss. As a result, you, as well as the rest, have become..... how should I say this.... in a way become a person that support Veritaseum and only say good things about it, totally irregardless of good or bad. If it is good, you will argue it is good. If it is bad, you will still argue it is good. That is what you, and everyone else, have become. You will keep your VERI token? Why do you even need to tell me about that? Why should I even bother if you will buy or sell? Please don't make assumptions. Assumption = making an ass out of you and me. |
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Rocto
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February 07, 2018, 02:14:05 PM |
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Guys, is it true that VERI is likely to run out on the exchanges this year? Does Veritasium also sell the token (software-licence) tokens directly to investors? I know Veritasium does not care on which exchanges there on, they have confidence VERI will become very rare.
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1862
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February 07, 2018, 02:15:08 PM |
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"Oh, you don't have anymore token? Sure, I will just borrow from the renters. No big deal with that."
"Wow, $4,000 each? Make it $400,000 each. Problem? Ehhhh... I don't think so. As I am just going to get $8000 worth of exposure (from the initial price of $400 per VERI before it went up to $4,000 or even $400,000), I will continue to get $400 worth of VERI. What? It was $400 a piece and now it's at $400,000 a piece? Sure, I will just get 0.001 VERI for my $8000 worth of exposure. Thanks to high divisibility, you can't stop me with limited supply. Bwah hah hah haaa..."
Only stupid people fail to understand.
Update:
Sheep = "Burning unsold token is against capitalism, because Reggie says so."
This guy Veritaseum is a business looking to sell Veritasuem tokens for services, you cannot just change the parameters of the token in order to "get rich quick" a bunch of previous investors which you seem desperate to see, meanwhile expecting to be taken seriously going forward, remember all those FUD cries of "scam"? Well they'd be fully legitimised with your token burning, how can you expect anyone to have faith in the Veritaseum ecosystem if they mess about with the core principles? |
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Rocto
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February 07, 2018, 02:48:07 PM |
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Guys, is it true that VERI is likely to run out on the exchanges this year? Does Veritasium also sell the token (software-licence) tokens directly to investors? I know Veritasium does not care on which exchanges there on, they have confidence VERI will become very rare.
Never mind, i looked back in the forum, question is answered.  |
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buyabit
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February 07, 2018, 03:23:45 PM |
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From Reggie Middleton: For those of you who believed we should have built a website BEFORE we built a product, filed patents and created an analytical framework, I'm sorry we disappointed, but now that the product is built, I'd like to introduce you to the new Veritaseum website https://veritaseum.com |
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buyabit
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February 07, 2018, 03:24:37 PM |
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From Reggie Middleton: The new Veritaseum website was designed to answer many questions & dispel many misconceptions. For instance, you get to learn what Veritaseum & the VeADIR is. No, not a fund, broker or exchange. We bring you back into history & the birth of Blumberg forms https://veritas.veritaseum.com/platform |
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buyabit
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February 07, 2018, 03:26:02 PM |
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From Reggie Middleton: Veritaseum website previews the VeADIR: an office productivity suite (think MSFT Office) for the P2P Capital Markets. VeRent: Rent Facility, VeExposure: Access Financial Machine, VeResearch: Deep dive analysis, VeManagement: Administrator, VeTokenization https://veritas.veritaseum.com/platform |
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buyabit
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February 07, 2018, 03:27:11 PM |
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From Reggie Middleton: New Veritaseum website explains our VeResearch module. It enables our research team - the same team that called the fall of Bear Stearns, Lehman, GGP and the European Sovereign Debt Crisis - to work with our Financial Machine (VeADIR) in unprecedented ways https://veritas.veritaseum.com/veresearch-platform … |
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Rocto
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February 07, 2018, 03:31:42 PM |
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Somebody is sneaky buying all the veri in the dips since december. it hasnt falling out of its bullish trend since, even with the bear market. Not many tokens outperform btc, this one does.  In this (slow) uptrend channel its likely veri hits 0.1btc in July. Thats like $2K a veri.. |
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buyabit
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February 07, 2018, 04:09:59 PM |
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From Reggie Middleton: Meet Team Veritaseum. WE HAVE 8 TECHNICAL & FINANCIAL PROFESSIONALS WHO GRIND OUT PRODIGIOUS AMOUNTS OF VALUE FOR VERITASEUM. THE PEOPLE BELOW ARE THEIR BOSSES, and yes, Masiah is still here, launching a multi-exchange, multi-asset arbitrage bot shortly https://veritas.veritaseum.com/team |
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Rocto
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February 07, 2018, 05:28:04 PM |
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wow, nice website! euhm, maybe i'm wrong, this could go a lot faster... 0.1 btc in march  |
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Alterberg
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February 07, 2018, 11:10:22 PM |
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oh very nice project. i am really interested in this project. good roadmap, dev members
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Dorkie
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February 08, 2018, 02:38:23 AM
Last edit: February 08, 2018, 02:54:50 AM by Dorkie |
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This guy Veritaseum is a business looking to sell Veritasuem tokens for services, you cannot just change the parameters of the token in order to "get rich quick" a bunch of previous investors which you seem desperate to see, meanwhile expecting to be taken seriously going forward, remember all those FUD cries of "scam"? Well they'd be fully legitimised with your token burning, how can you expect anyone to have faith in the Veritaseum ecosystem if they mess about with the core principles? If you keep believing reducing the excess unsold supply is equal to manipulating the price, or scam, or "get rich quick", then really I have nothing further to say. Just as I have nothing further to say to someone who keep believing a cat is a dog. You want to talk about legitimacy. Reggie implied his Veritaseum is worth several billions of market cap, based on the total supply. If VERI is not a security, then why relate it to the market cap? <<< -- yeah, ignore answering this all you like Reggie compared VERI to Microsoft's licenses but Microsoft does not rent nor resell its licenses. <<< -- yeah, ignore acknowledging this all you like You want to talk about legitimacy. Please make sure your so-called legitimacy is fair and objective. You guys have zero logic. You guys have zero objectivity. Now, you are against burning the excess unsold supply, because some idiot named Dorkie suggested so (I am speaking your mind). But in an alternate world where the burning is carried out, you guys would sing praises at Reggie for being smart. You guys are so blind. |
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