VeChain, still super undervalued

[XFlowZion]

VEN is going to soar next year and it's much better compared to it's competitors which is Walton and Wabi. This is going to be huge and still not getting noticed and the best thing is it is listed in Binance.

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[CryptoGorilla]

VEN is going to soar next year and it's much better compared to it's competitors which is Walton and Wabi. This is going to be huge and still not getting noticed and the best thing is it is listed in Binance.

+1

True. I'm sad I sold some of my VEN a while back, luckily I was able to invest in another profitable project but still... When you see those VEN-charts, it hurts  .

[Topy]

https://medium.com/@vechainofficial/the-latest-update-for-vechains-ios-app-is-available-on-apple-s-app-store-8998e6ced3cb

"The latest update for VeChain’s iOS App is available on Apple’s App Store" Need I say more? 

[methereum]

Odd no one is talking about this one.

Partnerships with PWC, Renault, Kuehne & Nagel (huge logistics company with billions in revenue), DIG China and there are more big names around the project such as Microsoft
and BMW

""Microsoft Technology Center in France and PwC Innovation Center in Shanghai invited VeChain to setup a demo center recently. Mr. Qian says Beijing and Qianhai are opening soon. “We believe this is a very good way to let more clients see, touch, and understand the blockchain application.” For now, VeChain will keep focused on transforming the supply chain today.""

Development plan here: https://cdn.vechain.com/vechain_ico_ideas_of_development_en.pdf
also more info here: https://www.reddit.com/r/CryptoCurrency/comments/73ydcd/vechains_latest_announcements_aka_why_im_all_in/

How high can this one go? (right now at $100MM)
I'm thinking a minimum of $150MM-$200MM

I posted here in November about Vechain, got in at sweet prices, went already 10x. After tomorrow we will see 3-4 Bucks.

[sporty90]

why will we see 3-4 bucks tomorrow ?

[Topy]

why will we see 3-4 bucks tomorrow ?

https://www.reddit.com/r/CryptoCurrency/comments/7mtbyw/summary_of_vechain_and_why_i_believe_in_this/?st=JBRPQHBD&sh=cca0aa6b

[sporty90]

Okay, but we don't know the announcement, maybe it is not a big deal because it has to be something big to jump to 3-4 bucks.

[Topy]

Okay, but we don't know the announcement, maybe it is not a big deal because it has to be something big to jump to 3-4 bucks.

Whats happening here is that VeChain VEN token is an ERC20 token since it was used in the ICO for conveniency reasons on the ethereum blockchain. Now, as planned, VeChain is evolving to use its own blockchain called Thor, and while this all is happening the old VEN tokens are transformed into VET tokens on the new Thor network.

Its been talked that they finally release exact info on what the reward system will be for the tokenholders. The VeChain foundation also said that VET tokens wont be used in the Thor network, so its been speculated that they release a "gas-like" token that is used to run the blockchain and the VET tokens themselves produce this "gas like"- token for the tokenholders.

[sporty90]

Nice, when is the announcement ?

[Topy]

Oh yeah and this 

https://support.binance.com/hc/en-us/articles/115003699452

Happy New Year! A Competition for All Binancians & VEN Fans！
Lucky Draw:
To celebrate a Happy New 2018, all Binance users that trade at least 1 BTC equivalent volume of VEN  (Buys & Sells) during the competition period will be put into a Lucky Draw with the following format:

One very lucky Binancian will become the new owner of a BMW i8!
We will then complete another 60 lucky draws one-by-one, with 60 lucky Binancians equally splitting a pool of 300,000 VEN, or 5,000 VEN each.
To ensure fairness of the draw, the event will be broadcasted live on multiple social media platforms to cater for all audiences.

Trading Competition:

We have also committed a second BMW i8 and 100,000 VEN to give away to our fans and traders worldwide. Users will be ranked from 1st to 20th based on net purchases (Buys minus Sells) in the VEN/BNB market only during the competition period. Rewards will be allocated as following:

1st Place will receive a BMW i8
2nd Place will receive 20,000 VEN
3rd Place will receive 10,000 VEN
4th-20th:  will each equally split a pool of 70,000 VEN

[sporty90]

And at which time will the announcement start ?

The sell wall is huge .....

[Topy]

Nice, when is the announcement ?

https://www.timeanddate.com/countdown/generic?iso=20171230T22&p0=33&msg=VeChain

[sporty90]

Wow, big thanks ! But somebody told me that the countdown is not correct, he said the announcement will be at 6 am EST, I am not sure.

I am holding some Ven and got a lot of Elixir, maybe I will sell some Elixir to get more Ven

[Topy]

Wow, big thanks ! But somebody told me that the countdown is not correct, he said the announcement will be at 6 am EST, I am not sure.

I am holding some Ven and got a lot of Elixir, maybe I will sell some Elixir to get more Ven

Oh ok, gotta check up on that exact time again closer then. Im sure its gonna be mentioned here/twitter etc.

Np and good luck with whatever decision u go with

[Topy]

The countdown is correct.

[martinholly167]

Does this project have ann thread and bounty campaign?

[Topy]

2 hours! 

https://www.timeanddate.com/countdown/generic?iso=20171230T22&p0=33&msg=VeChain

[ArminH]

Oh yeah and this 

https://support.binance.com/hc/en-us/articles/115003699452

Happy New Year! A Competition for All Binancians & VEN Fans！
Lucky Draw:
To celebrate a Happy New 2018, all Binance users that trade at least 1 BTC equivalent volume of VEN  (Buys & Sells) during the competition period will be put into a Lucky Draw with the following format:

One very lucky Binancian will become the new owner of a BMW i8!
We will then complete another 60 lucky draws one-by-one, with 60 lucky Binancians equally splitting a pool of 300,000 VEN, or 5,000 VEN each.
To ensure fairness of the draw, the event will be broadcasted live on multiple social media platforms to cater for all audiences.

Trading Competition:

We have also committed a second BMW i8 and 100,000 VEN to give away to our fans and traders worldwide. Users will be ranked from 1st to 20th based on net purchases (Buys minus Sells) in the VEN/BNB market only during the competition period. Rewards will be allocated as following:

1st Place will receive a BMW i8
2nd Place will receive 20,000 VEN
3rd Place will receive 10,000 VEN
4th-20th:  will each equally split a pool of 70,000 VEN

Nice market manipulation disguised as marketing.
Anyway, thanks for 5,000% profit!
I'm all-out! (sorry for dip)

[Topy]

Nice market manipulation disguised as marketing.
Anyway, thanks for 5,000% profit!
I'm all-out! (sorry for dip)

Yeah dont like the timing of the promo at all either  
Don't see a dip coming tho...

[Topy]

https://medium.com/@vechainofficial/vechain-apotheosis-part-ii-thor-power-forged-974111a93278

The valuation of VET has two pillars to support it.

Firstly, VET represents the right and privilege to occupy and use the public Blockchain resources of VeChain Thor. Whoever holds more VET means the holder inherits more rights and higher priority to use VeChain Thor Blockchain that will be linked to THOR POWER.
In other words, whoever is holding VET will be given THOR Power to use VeChain as long as the Thor Power required to perform such tasks is less than the Thor Power available in their balance. (e.g., running an applications and smart contracts hosted on VeChain Blockchain).
Secondly, VET is the smart payment currency to carry out the economic and business activities running on VeChain Thor Blockchain. The total business volume contributes a critical portion of total valuation of entire VET circulation.