VERITASEUM DISCUSSION THREAD

[buyabit]

From Reggie Middleton today:

VC firms, regulators saying ICOs are all scams R either unrealistic or unlearned. Our researched cos. failed to get VC funding, yet are rewriting the playbook of FinTech & finance (VERI/PPP/PPT). Can you name a 2017 VC funded co. that can touch these biz?


Recent VeResearch by @Veritaseuminc
(and Veritaseum itself) share common themes: 1) working beta(+) product, 2) defensible business plan 3) experienced mgmt. These are miles above most exchange traded tokens, yet no large exchanges carry them without a fee https://veritas.veritaseum.com/index.php/54-who-produces-the-best-crypto-research-in-the-industry …

[buyabit]

Also, from Reggie Middleton today:

Recent VeResearch by @Veritaseuminc
(and Veritaseum itself) share common themes: 1) working beta(+) product, 2) defensible business plan 3) experienced mgmt. These are miles above most exchange traded tokens, yet no large exchanges carry them without a fee https://veritas.veritaseum.com/index.php/54-who-produces-the-best-crypto-research-in-the-industry …

[buyabit]

From Reggie Middleton today:

Are U listening to ?experts? (@Nouriel  @charliemunger  #JamieDimon @GoldmanSachs ) say cryptocurrenices are "going to zero", "have no intrinsic value" & are a "bubble". I PUBLICLY challenge them all! Most don't know they're not referring to currencies!

[buyabit]

From Reggie Middleton today:

The VeADIR is now available on Android and iOS. https://ipfs.io/ipns/rc.veritaseum.com/#/portfolio …

[buyabit]

Veritaseum showcases industry leading digital asset investment software & unprecedented research reports during the Consensus conference in NYC. Use our capital to gain exposure through VeADIR, take home our research, chat with analysts. Register here https://www.eventbrite.com/e/veritaseum-token-research-veadir-trading-seminar-tickets-45985194956 …

[buyabit]

John999,

Such insight from you. The ICO closed about 1 year ago so your use of the word "alive" may not be correct.

Veritaseum is much further along in their development than the majority of many other companies in this space. At some point soon the company will meet the regulations required within specific jurisdictions and will live on for many years into the future IMO.

[buyabit]

From Reggie Middleton today:

The Veritaseum meet & greet appointments, digital asset research consultations & VeADIR demonstrations & tutorials do not need Consensus tickets to attend. If you are at Consensus, paid or not, feel free to come by the Presidential suite. Register here https://veritas.veritaseum.com/index.php/55-visit-the-veritaseum-team-at-the-consensus-conference-in-nyc …

[buyabit]

From Reggie Middleton today:

I'll be attending the Tokenmatch pitch contest (http://tokenmatch.net/ ) looking for ICOs worthy of a Veritaseum forensic research report. If so, there's a material chance they will be included directly into the VeADIR (without needing an exchange) https://veritas.veritaseum.com/veadir-platform

[ololajulo]

I have watched the coin basically to see it outgrow ethereum after his first 1.5x growth over ethereum in up to a year now. It is interesting to see the coin stay on the top 100 coin list. Most development and team will keep it there.

[bienvang192]

I’ve read your project and read the comments of the people who care ‘bout the project. I find that I have the same thought as many people that comment on your project. It’s very interesting. Hope your team always keep up the great work!

[buyabit]

Reggie Middleton, Live In Veritaseum Suite At Consensus 2018

https://www.youtube.com/watch?v=e5lTXOv_3lM

[Dorkie]

Below top 100.

Not unexpected.

Veri token is just a utility token, i.e. gift cards, and is structured very much as such.

It is not investment token.

Reggie makes use of the community to sell the hype, but most people don't realize this.

Tried to sell 51 mil token at ICO, but made very little publicity about it.
Sold only a fraction of the total offered (as a result of lack of publicity), thus very thin supply.
Use that very thin supply + renting feature (which is not really necessary) + establishing a social media community to sell and pump the hype.

Reggie said the market cap is not the right valuation for Veritaseum, and yet in the past he referred to the market cap a few times when Veritaseum was worth some billion....... well, talking about being a hypocrite.
When I suggested to burn the token to make it more investment-linked, I was shot down with several unexplainable stupid excuses.
Unexplainable even to these days stupid excuses that burning the token would harm the business model, despite the fact that all his token is recyclable and resellable to infinity.
Most if not all community members are not users of the VeADIR, but Reggie didn't shoo them away.
Reggie shooed me away several times both in the beginning and recently as well, saying I am not a direct user and called him greedy.
I suppose it has less to do with me being not a direct user (I can be a direct user if I want to, if he understands what that means) and called him greedy than probably because he has prejudice towards my nick just as others prejudiced him for being black, when I spoke out the facts about his business model.

Veritaseum as a company is amazing.
Veritaseum as a utility token is unpromising.

Those who can see, agrees with my points.
Those who is blind and ignorant, continues to disagree.

The price of Veri determines who is right and who is wrong.
So far, the market says I am right.

[Dorkie]

You fans of Veritaseum and Reggie can hype all you like, but remember this very well...

Your effort on selling the hype benefits Reggie and Veritaseum (as a company) far greater than it benefits you personally, financially.

It's like creating a value of $100 (through hype-selling), whereby $99 of that goes to Reggie and Veritaseum (as a company) and only $1 goes to you the holder of Veritaseum (as a utility token).

If you understand the difference between "Veritaseum (as a company)" vs "Veritaseum (as a utility token)", then you will know the truth.

No, I am not spreading FUD.
Don't be a moron going around accusing people of spreading FUD just because they are saying something that you dislike to hear.

[toknormal]

Your effort on selling the hype benefits Reggie and Veritaseum (as a company) far greater than it benefits you personally, financially.

It's like creating a value of $100 (through hype-selling), whereby $99 of that goes to Reggie and Veritaseum (as a company) and only $1 goes to you the holder of Veritaseum (as a utility token).

B..b..but Clif High sed... 

[buyabit]

I will continue to hold my VERI tokens and will use them to access the VeADIR platform when the company receives regulatory approval in my jurisdiction. I have no doubt the company will succeed and their costs will continue to be much lower than what is currently available in the market.

I am not concerned with the price of VERI at this stage (until I use them to pay the commission) but from an ICO price of approx. $ 1.33 to $ 85.00 one year later, that looks to me like 63 X increase.

 

[Ioup]

Below top 100.

Not unexpected.

Veri token is just a utility token, i.e. gift cards, and is structured very much as such.

It is not investment token.

Reggie makes use of the community to sell the hype, but most people don't realize this.

Tried to sell 51 mil token at ICO, but made very little publicity about it.
Sold only a fraction of the total offered (as a result of lack of publicity), thus very thin supply.
Use that very thin supply + renting feature (which is not really necessary) + establishing a social media community to sell and pump the hype.

Reggie said the market cap is not the right valuation for Veritaseum, and yet in the past he referred to the market cap a few times when Veritaseum was worth some billion....... well, talking about being a hypocrite.
When I suggested to burn the token to make it more investment-linked, I was shot down with several unexplainable stupid excuses.
Unexplainable even to these days stupid excuses that burning the token would harm the business model, despite the fact that all his token is recyclable and resellable to infinity.
Most if not all community members are not users of the VeADIR, but Reggie didn't shoo them away.
Reggie shooed me away several times both in the beginning and recently as well, saying I am not a direct user and called him greedy.
I suppose it has less to do with me being not a direct user (I can be a direct user if I want to, if he understands what that means) and called him greedy than probably because he has prejudice towards my nick just as others prejudiced him for being black, when I spoke out the facts about his business model.

Veritaseum as a company is amazing.
Veritaseum as a utility token is unpromising.

Those who can see, agrees with my points.
Those who is blind and ignorant, continues to disagree.

The price of Veri determines who is right and who is wrong.
So far, the market says I am right.

patience, half a year and you won't be right anymore ^'^

[qiwoman2]

I only hold 5 VERI tokens and am wondering is it worth to hold on to such a small amount? I also bought them when they were around 30 dollars each so I didn't make much profit out of them. If I had sold them at the ATH in January that would have been a different scenario. Both VERI AND PPT have suffered greatly in the aftermath of the crash and the market 5 months on is still crashing. I am wondering what to do, do I buy more and hodl or do I just liquidate my very small stash, that's the question now personally.

[yahata141]

It is interesting to see the coin stay on the top 100 coin list. Most development and team will keep it there.

[otis.nolan]

Bitcoin price is very low right now. The implies you will be getting a bargain on your purchase.

[mimota152]

It's amazing how a piece of decentralized web based software can't be released to the public.