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Author Topic: VERITASEUM DISCUSSION THREAD  (Read 48941 times)
paulmaritz
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Today at 08:45:48 AM
 #1081

Is there anyone here that can provide me with a Veritaseum logo with a transparent background?  Wink

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Today at 09:01:29 AM
 #1082

Reggie is gonna give them a deal they literally cannot refuse...

Quote
Individually, none of the Caribbean nations rank anywhere near median in the global rank of GDP contributors. Pooled through Veritaseum, they’re over 9x greater than the world average and outrank such economic powerhouses as the Germany, United Kingdom and France (the 3 largest economies in the EU), all of the Middle East, MENA (Middle East, North Africa, Afghanistan and Pakistan) and encroach on the space of the global economic superpower Japan and the Western Hemisphere!

More importantly, by linking the economies through this common “smart currency”, the rate of GDP growth will easily outstrip all in this list (or at least those who don’t also advantage themselves of Veritaseum technology). Be prepared to observe Veritas.PanCarib to move upwards in the world ranks very, very quickly.

Is Veritaseum About To Take Jamaica To the Next Level?
Government, banking and financial leaders in one of the largest caribbean nations (both geographically and economically) have invited me to the island to walk them through specifically how Veritaseum can boost their GDP, markets and economy. I will approach them with a packaged solution that they literally cannot refuse. More on that in a few months. I’ll be in caribbean next week.

Positive news and major listing could easily launch the token to 1.5 eth


They become 9x greater than the world avarage with Veritaseum. Could you tell me how this works?

http://veritas.veritaseum.com/index.php/21-veritas-pancarib-what-would-the-euro-look-like-if-it-actually-worked
thnx
paulmaritz
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Today at 09:03:30 AM
 #1083

Reggie is gonna give them a deal they literally cannot refuse...

Quote
Individually, none of the Caribbean nations rank anywhere near median in the global rank of GDP contributors. Pooled through Veritaseum, they’re over 9x greater than the world average and outrank such economic powerhouses as the Germany, United Kingdom and France (the 3 largest economies in the EU), all of the Middle East, MENA (Middle East, North Africa, Afghanistan and Pakistan) and encroach on the space of the global economic superpower Japan and the Western Hemisphere!

More importantly, by linking the economies through this common “smart currency”, the rate of GDP growth will easily outstrip all in this list (or at least those who don’t also advantage themselves of Veritaseum technology). Be prepared to observe Veritas.PanCarib to move upwards in the world ranks very, very quickly.

Is Veritaseum About To Take Jamaica To the Next Level?
Government, banking and financial leaders in one of the largest caribbean nations (both geographically and economically) have invited me to the island to walk them through specifically how Veritaseum can boost their GDP, markets and economy. I will approach them with a packaged solution that they literally cannot refuse. More on that in a few months. I’ll be in caribbean next week.

Positive news and major listing could easily launch the token to 1.5 eth


They become 9x greater than the world avarage with Veritaseum. Could you tell me how this works?

http://veritas.veritaseum.com/index.php/21-veritas-pancarib-what-would-the-euro-look-like-if-it-actually-worked
thnx

You're welcome. Reggie is in essence focusing on the long tail. To give you an idea: https://youtu.be/kwJt5TzO7nQ

Crypto coin updates and more: http://www.cryptocoinupdates.com/
naaktslak5
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Today at 09:24:59 AM
 #1084

Reggie is gonna give them a deal they literally cannot refuse...

Quote
Individually, none of the Caribbean nations rank anywhere near median in the global rank of GDP contributors. Pooled through Veritaseum, they’re over 9x greater than the world average and outrank such economic powerhouses as the Germany, United Kingdom and France (the 3 largest economies in the EU), all of the Middle East, MENA (Middle East, North Africa, Afghanistan and Pakistan) and encroach on the space of the global economic superpower Japan and the Western Hemisphere!

More importantly, by linking the economies through this common “smart currency”, the rate of GDP growth will easily outstrip all in this list (or at least those who don’t also advantage themselves of Veritaseum technology). Be prepared to observe Veritas.PanCarib to move upwards in the world ranks very, very quickly.

Is Veritaseum About To Take Jamaica To the Next Level?
Government, banking and financial leaders in one of the largest caribbean nations (both geographically and economically) have invited me to the island to walk them through specifically how Veritaseum can boost their GDP, markets and economy. I will approach them with a packaged solution that they literally cannot refuse. More on that in a few months. I’ll be in caribbean next week.

Positive news and major listing could easily launch the token to 1.5 eth


They become 9x greater than the world avarage with Veritaseum. Could you tell me how this works?

http://veritas.veritaseum.com/index.php/21-veritas-pancarib-what-would-the-euro-look-like-if-it-actually-worked
thnx

You're welcome. Reggie is in essence focusing on the long tail. To give you an idea: https://youtu.be/kwJt5TzO7nQ
going to watch it. i see that the price of Bancor collapsed, why is that?
paulmaritz
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Today at 09:59:27 AM
 #1085

Reggie is gonna give them a deal they literally cannot refuse...

Quote
Individually, none of the Caribbean nations rank anywhere near median in the global rank of GDP contributors. Pooled through Veritaseum, they’re over 9x greater than the world average and outrank such economic powerhouses as the Germany, United Kingdom and France (the 3 largest economies in the EU), all of the Middle East, MENA (Middle East, North Africa, Afghanistan and Pakistan) and encroach on the space of the global economic superpower Japan and the Western Hemisphere!

More importantly, by linking the economies through this common “smart currency”, the rate of GDP growth will easily outstrip all in this list (or at least those who don’t also advantage themselves of Veritaseum technology). Be prepared to observe Veritas.PanCarib to move upwards in the world ranks very, very quickly.

Is Veritaseum About To Take Jamaica To the Next Level?
Government, banking and financial leaders in one of the largest caribbean nations (both geographically and economically) have invited me to the island to walk them through specifically how Veritaseum can boost their GDP, markets and economy. I will approach them with a packaged solution that they literally cannot refuse. More on that in a few months. I’ll be in caribbean next week.

Positive news and major listing could easily launch the token to 1.5 eth


They become 9x greater than the world avarage with Veritaseum. Could you tell me how this works?

http://veritas.veritaseum.com/index.php/21-veritas-pancarib-what-would-the-euro-look-like-if-it-actually-worked
thnx

You're welcome. Reggie is in essence focusing on the long tail. To give you an idea: https://youtu.be/kwJt5TzO7nQ
going to watch it. i see that the price of Bancor collapsed, why is that?

It depends on how you measure it. BNT tokens were issued during the token generating event (TGE) at 1 BNT per 0.01 ETH or a 100 BNT per 1 ETH. Using that as a measure, the price of BNT has pretty much stayed above or equal to 0.01 ETH per token as can be seen here: https://www.bancor.network/bnt

When it did temporarily dip below 0.01 ETH (earlier this week), the price floor implemented brought the price back to 0.01 ETH. This is made possible by a reserve that is currently at 108.12K ETH (originally a 112K ETH). This helps BNT to act according to what it was designed to do and be. The ultimate intend with BNT is to have a stable, liquid world reserve currency that is completely decentralized. It is not a token designed for a short-term "pump and dump" so to speak. E.g. watch 10:05-10:45 of the video to learn how the Bancor protocol prevents manipulation of prices by whales.

The price dropped as measured in fiat or USD. The reasons for this are three fold in my opinion:

1. BNT IOUs were sold via HitBTC before BNT were released for trading or listed on other exchanges. HitBTC is known for selling at heavily inflated prices.

2. The crypto market in general saw a decline in prices in recent days, including the price of ETH as expressed in fiat or USD.

3. People got scared and started to sell their tokens at a fiat or USD loss - mostly on the back of FUD posted by whales and their lackeys.

Anyway, back to VERI!  Cool

Crypto coin updates and more: http://www.cryptocoinupdates.com/
toknormal
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Today at 10:09:04 AM
 #1086


Can anybody fill me in on the coin supply story with Veritasium ?

I've heard 100 Million and I've heard 2 Million (on coinmarketcap.com).
paulmaritz
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Today at 10:13:32 AM
 #1087


Can anybody fill me in on the coin supply story with Veritasium ?

I've heard 100 Million and I've heard 2 Million (on coinmarketcap.com).


51 million tokens were available during the token generating event. Only 1,967,276 were sold, which is now the circulating supply. The remaining tokens will be sold to large corporations, sovereigns and such for direct use. There will never be more than a 100,000,000 tokens.

Crypto coin updates and more: http://www.cryptocoinupdates.com/
toknormal
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Today at 10:19:00 AM
 #1088


51 million tokens were available during the token generating event. Only 1,967,276 were sold, which is now the circulating supply. The remaining tokens will be sold to large corporations, sovereigns and such for direct use. There will never be more than a 100,000,000 tokens.

Ah. So Reggie is using the trick of driving the price up on a tiny supply while holding the reported marketcap down (which I think he admitted was the strategy).

Then selling the corporate.sovereign cut at hugely inflated value prior to the entire supply being introduced into the marketcap reporting ? (At which point the per-coin price will tank as the market corrects).
paulmaritz
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Today at 10:29:05 AM
 #1089


51 million tokens were available during the token generating event. Only 1,967,276 were sold, which is now the circulating supply. The remaining tokens will be sold to large corporations, sovereigns and such for direct use. There will never be more than a 100,000,000 tokens.

Ah. So Reggie is using the trick of driving the price up on a tiny supply while holding the reported marketcap down (which I think he admitted was the strategy).

Then selling the corporate.sovereign cut at hugely inflated value prior to the entire supply being introduced into the marketcap reporting ? (At which point the per-coin price will tank as the market corrects).


You will have to ask Reggie himself, but as far as I know, the market asked for 1,967,276 during the TGE and got that many. In addition, no company has to release its total authorized share capital on day one. It is normally done gradually as a company grows and needs additional funds. I think it is going to be no different here. Reggie is not going to act in an irresponsible manner that will hurt VERI holders, especially those who have shown support from day one. That being said, it is definitely not too late to support this initiative.

Crypto coin updates and more: http://www.cryptocoinupdates.com/
toknormal
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Today at 10:31:28 AM
 #1090


Reggie is not going to act in an irresponsible manner

No. But he can't prevent the market from acting in an "irresponsible manner".

Lets think about this for a moment. That effective supply puts Veritasium's "real" marketcap at around 3.7 Million BTC. (Ripple is 4.1 Million). i.e. nearly a quarter of bitcoin's entire coin supply. So it would be the third largest asset in ranking on coinmarketcap.com.

Not saying that's necessarily unreasonable in terms of future potential (i.e. speculative) but for such a large valuation to have some genuine basis it must make the monetary cryptos massively undervalued (since they are going to form much of the lower capitalisation tiers of the coming synthetic 'vehicles' that will be traded on the VERI platform) - which in turn makes the current VERI/Ether or BTC price massively overvalued does it not ?
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