Veil - Privacy Without Compromised (A Quick Overview)

[cybersofts]

Veil is a new more advanced type of privacy coin similar to Monero, Dash, Zcash, Zcoin, Nano, and Verge. Veil claims to have "Integrated the best-in-class anonymity technologies to become the first cryptocurrency that provides uncompromising, always-on privacy."

So what differentiates the Veil with other privacy coins as mentioned above? Veil claims to have the latest technology in the industry, that's "Always on privacy" uncompromising unlike other privacy coin that have many cryptographic weakness that can be used to exploit the users privacy.

There's nothing more worse like trusting a coin with your privacy and end up your ass is wide open, not knowing your privacy is compromised. The way I see it, we all needs privacy in some point of our lives because we are human beings after all. I think privacy is one of the major reasons why people use cryptocurrency today and the Veil coin is here to give you the more advanced type of privacy.

In terms of the market side, the veil has about $6.21 million in market capitalization with the total supply of 14,297,748 and the circulation supply of 11,157,350 at the moment. The price per coin is only $0.43306 at the time of writing this quick overview. Well, I don't know about you but I'm planning to HODL my coins for a very long time.



Note: Four weeks ago, Veil has only $1.8m in market capitalization with the price of only $0.15 per coin and look at the price now. But I think the only problem with the Veil market is the lack of liquidity, the trading volume is very low only $10k to $30k per day.

Disclaimer: This is not a financial advice, make your own research before making any form of investment. Thanks


Reference:
https://veil-project.com
https://bitcointalk.org/index.php?topic=5065331.0
https://coinmarketcap.com/currencies/veil/

[dncdog]

In reality, VEIL coin was so hot during its earliest days after its main net activated months ago. It was predicted as one of the hottest mineable coins in the year 2019. However, issues occured when VEIL switched to hybrid phase of Proof-of-Work and Proof-of-Stake for several days before issues solved by VEIL team, with supports and contributions from community. Privacy is one of main trend this year, so I agreed with you on the perspective on potential of VEIL rest months this year and next year.

[semes]

There was a period of stable coin storm. Now, privacy-based coins are popular. But Veil is clearly a well-designed project. It will be very successful if it finds the community support.

[cybersofts]

There was a period of stable coin storm. Now, privacy-based coins are popular. But Veil is clearly a well-designed project. It will be very successful if it finds the community support.

Indeed, the Veil project is currently receiving strong support from the crypto community because it's a solid project with strong background and a great team of developers. I think the future is looking brighter 🔆 for Veil because many people are giving excellent feedback about the project even though the white paper is yet to come out... If the Veil team continue on the same path - I mean very committed to their project, I think there is a chance of getting listed on the Binance But this is just my thoughts I don't know the future

[timmmers]

I have heard about Veil for a first time about 2 weeks ago and market cappitalization was around 3 million, now it is 6 million USD. What caused such grow in last few days? Did I miss the train already?

[X-ray]

Veil is a new more advanced type of privacy coin similar to Monero, Dash, Zcash, Zcoin, Nano, and Verge. Veil claims to have "Integrated the best-in-class anonymity technologies to become the first cryptocurrency that provides uncompromising, always-on privacy."

So what differentiates the Veil with other privacy coins as mentioned above? Veil claims to have the latest technology in the industry, that's "Always on privacy" uncompromising unlike other privacy coin that have many cryptographic weakness that can be used to exploit the users privacy.

There's nothing more worse like trusting a coin with your privacy and end up your ass is wide open, not knowing your privacy is compromised. The way I see it, we all needs privacy in some point of our lives because we are human beings after all. I think privacy is one of the major reasons why people use cryptocurrency today and the Veil coin is here to give you the more advanced type of privacy.

In terms of the market side, the veil has about $6.21 million in market capitalization with the total supply of 14,297,748 and the circulation supply of 11,157,350 at the moment. The price per coin is only $0.43306 at the time of writing this quick overview. Well, I don't know about you but I'm planning to HODL my coins for a very long time.



Note: Four weeks ago, Veil has only $1.8m in market capitalization with the price of only $0.15 per coin and look at the price now. But I think the only problem with the Veil market is the lack of liquidity, the trading volume is very low only $10k to $30k per day.

Disclaimer: This is not a financial advice, make your own research before making any form of investment. Thanks


Reference:
https://veil-project.com
https://bitcointalk.org/index.php?topic=5065331.0

Liquidity will have reached after more and more big exchange sites interesting to take a look to the veil platforms. It's a common problem when not so many people are aware about that dude. veil is a good coin that created by a trusted team. But that needs more publication.

[cybersofts]

I have heard about Veil for a first time about 2 weeks ago and market cappitalization was around 3 million, now it is 6 million USD. What caused such grow in last few days? Did I miss the train already?

No. It is never too late to hop on. It's never too late to buy. I think the price of Veil will continue growing in the future as more people join the community. The Veil community is very small for now and I believe it would grow bigger in the future. The Veil market capitalization is now only $6.2m - imagine, when the market cap would reach $62m? The price of a single coin would be around $4.


Note: this is not a financial advice. Make sure you do your own research before making any form of investment. thanks

[Aniwura]

Veil s no doubt a good coin, but i would have agreed with its perfection as being a privacy coin, if not for the unavailability of the transaction history.
The privacy should not have been extended to that point of not being able to trace previous transactions.
Well, i still commend the hard and astute work of the team.

[fortunecrypto]

I'm lucky to get in here in the second round of their bounty campaign, I'm really looking for a coin that is already in the market and with good potential to be in the top 10, I check the volume and I'm happy that it is always had a good volume and price in the market maybe this coin could become $10 in the market.

[cybersofts]

I'm lucky to get in here in the second round of their bounty campaign, I'm really looking for a coin that is already in the market and with good potential to be in the top 10, I check the volume and I'm happy that it is always had a good volume and price in the market maybe this coin could become $10 in the market.

Hopefully in time some day the Veil price will reach $10. By the way, Veil only needs about $150m in market capitalization for the price of a single coin to reach $10. Let's do the math, the Veil price = $0.4 with the market capitalization of $6m. Thus, with $60m (10x) in capitalization the price of a coin is going to be $4, and with $120m in market capitalization the price of a coin is going to $8, with $150m in market capitalization the of a coin is going to be around $10 - it may change depend on the coin supply.


Note: this is not a financial advice. Make your own research before making any form of investment.

[Queen_Amber]

Which exchanges are they on? Mayb you should post the coinmarketcap link too. im interested in privacy coins

[cybersofts]

Which exchanges are they on? Mayb you should post the coinmarketcap link too. im interested in privacy coins

OK, there you go my friend.

CoinMarketCap:
https://coinmarketcap.com/currencies/veil/

CoinGecko:
https://www.coingecko.com/en/coins/veil/

CoinCodex:
https://coincodex.com/crypto/veil/

Hope these links would be helpful... thanks

[Cosbycoin]

There was a period of stable coin storm. Now, privacy-based coins are popular. But Veil is clearly a well-designed project. It will be very successful if it finds the community support.

Yes, once a project is being designed well, in the sense that it was built to be user friendly, that project will always strive to be at the top no matter how long it takes, this is why I always tell people to make a good research about any project they want to invest in and not just looking at the current price of the coin because price can fail at anytime, but good project will never fail.

[Pffrt]

the trading volume is very low only $10k to $30k per day.

If so, I would not be surprised if it is an internal trading only to attract investors to the project by giving a hype to the price. I doubt real volume is there. However, I don't think it will be wise to invest in veil now. Wait, observe their developer and decide later. Moreover, this veil is seriously being shilled over the past few days which is why I don't like this coin at all.