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Author Topic: Your opinion on VeChain (VET)  (Read 379 times)
yurim37 (OP)
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October 03, 2020, 01:07:24 PM
 #1

Didn't give much interest to this coin before but do you think this project has high potential?
Do you think it can reach 0,1$ in a near future?
bttmember
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October 03, 2020, 02:00:04 PM
 #2

It is a legit project with massive potential but i have fear that it can stay under rated like waves etc for longtime because so many big names are surrounding it that is overshadowing this project but lets stay positive at this point and hopefully everything will turn out to be best.

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October 03, 2020, 04:47:49 PM
 #3

It is a legit project with massive potential but i have fear that it can stay under rated like waves etc for longtime because so many big names are surrounding it that is overshadowing this project but lets stay positive at this point and hopefully everything will turn out to be best.

I love how people from crypto community name something "under rated" only because it is "legit project". It is worth $770 M ! Is it generating at least $100 M in profit annually to have P/E ~8 (undervalued in comparison to nasdaq average - super overrated market with tech companies)? I doubt...

Take a look about my fundamental analysis of BNB -> that's how I check if something is undervalued.

@OP - I would not invest in it. It is not innovative(anymore), it is overvalued based on FA, Vechain use cases does not boost VET value well enought(f.e. BNB - 20% of profit goes to buybacks). So based on price/value risk/reward i would not put a single cent in VET. You can try to trade on it and catch swings. Thats it.
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October 03, 2020, 06:33:11 PM
 #4

I've ever traded Vet / btc on the latoken exchange at the time of listing. the price of Vet at the time was up to 0.1 $ and I have made a profit of 1200 $ in one transaction.

But for now it is very difficult from vet because of the low volume.
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October 03, 2020, 06:50:03 PM
 #5

I have been holding VET tokens for a long time and it is currently one of my biggest bags. I really have high hopes for it 'coz they already have a lot of partnerships which could make the project really profitable in future.

That's my opinion DYOR.

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October 03, 2020, 07:14:03 PM
 #6

The marketcap is already big for vet but always remember that it is only one factor while there are many factors at work so i still believe vet will do well and hodlers will be making good money in the end. VET is already working with successful companies and businesses and its revenue will grow even bigger in coming years so i think vet is a worthwhile project to hold.

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October 03, 2020, 09:05:45 PM
 #7

Didn't give much interest to this coin before but do you think this project has high potential?
Do you think it can reach 0,1$ in a near future?
I don't also have an interest on it. The chart is wavy and it's an interesting chart because it seems a good time to buy.

$0.1 indicates that it has go almost 10x which is likely for most altcoins but this time, I don't like buying random altcoins that I don't think which will have good returns and that's what I think with it.
yurim37 (OP)
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October 04, 2020, 12:29:23 AM
 #8

Thank you all for your answers.
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October 04, 2020, 01:59:24 AM
 #9

VeChain reminds me of Choooiyna and that "so called partnership hype back in the day". However it is a great project. But marktes have changed now, expectations have changed too. It is not 2017 anymore. From price action point of view it maybe worth the risk, but important to keep in mind change in market dynamics and bigger projects which maybe overshadowing many good projects currently.

So it would depend on how long you can wait. I think Chinese markets may influence Vechain a lot. So it might be worth gauging Chinese market sentiments before you buy.

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October 04, 2020, 03:35:14 AM
 #10

The hype around this project have long died down and since then many other highly experienced and more profitable projects have been launched and even now the defi trend has taken over the entire space making old projects like vechain to struggle, so perhaps the team can bring more surprises to draw peoples attention otherwise better to invest in upcoming more profitable projects.
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October 04, 2020, 07:14:33 AM
 #11

Imo vet may be a beneficial option for long term but I am not sure that how much time it will take to touch $0.10 it can't be predictable but the good thing is it has become very well established in the market which also shows its strength to achieve descent growth in future.
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October 04, 2020, 03:37:33 PM
 #12

I know this one and vechain has already created a good platform with a very big community behind it. This one has the same potential as chainlink. Too much people who didn't even wanna try to take some minutes into this coin.

It's quite similar with chainlink. I have already tried to put some money on this coin too. People just need the more time to realize the true potential of vechain.
This coin can go to the moon anytime. I expect the pump will come again.

 
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October 04, 2020, 03:50:45 PM
 #13

Didn't give much interest to this coin before but do you think this project has high potential?
Do you think it can reach 0,1$ in a near future?


I remember Vechain, formally VEN as the coin that brought me the most return on investment. It was started as a China based Supply chain management system and had an impressive growth in it's initial time. It crashed rapidly when China blanket banned crypto. But at the moment, VET has successfully established it as a global company and stroke a few deals with Chinese cities and companies to test it's blockchain based supply chain management system. They have also evolved as an overall utility platform with their own governance system. As the prices are low now, it's a good option to have in your portfolio.



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[15.00000000 BTC]


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October 04, 2020, 03:58:57 PM
 #14

I think vechain still legit project. The progress they've made is very good (you can read in here https://www.altcoinbuzz.io/cryptocurrency-news/product-release/vechain-vet-reveals-progress-achievements/). If I'm not wrong, they are now more focused on the gaming industry. There have been several projects they have worked on, but these projects are still as a plan and/or prototypes, not as final products.
And as we know, from previous years, many have wanted that blockchain technology can be use as a "crutch" in gaming industry. However, the difficulties faced in making final products are still often encountered. And it cause public acceptance of coins related to gaming is still very low (or it can be said, is still underestimated).
In my opinion, this coin is worthy to hodl, Why? because if you look at the developments of blockchain technology in gaming industry that have occurred since 2018 - now, I think the blockchain "era" in the gaming industry will begin to show it benefits (as working product) in next 4-5 years (just my 2 sats).


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October 05, 2020, 11:57:32 AM
 #15

Didn't give much interest to this coin before but do you think this project has high potential?
Do you think it can reach 0,1$ in a near future?


This is one of the most promising projects with lot of enterprise clients like Deloitte and other big 4 companies . Their partnerships give them a massive advantage to onboard clients in several countries.

As far as price is concerned I think it will definitely increase in the long term as adoption of the Toolchain platform grows.

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October 05, 2020, 12:24:48 PM
 #16

An expert and founder Sunny Lu say this...
Quote
Today, I’m going to write about a pretty big project that has the potential to bring massive gains in 2020. The predictions for Vechain (VET) couldn’t be more different ranging from $0.00463 to $75, but before we look into the analysis let’s get to the fundamentals.

https://medium.com/@cryptoeinfach/vechain-price-prediction-2020-a5626ff8945f
Well, it is really hopeful for its huge increase in the future as the founder said but it won't buy my interest in this token/project. The talks can easily be made but could be hard in the real scenario. Because if we look in the chart, even $0.05 is harder to reach, I'd never think $1 is an easy swift for this project with a huge market supply, kinda be hard for it.



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Rainbot
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October 08, 2020, 09:05:14 PM
 #17

Didn't give much interest to this coin before but do you think this project has high potential?
Do you think it can reach 0,1$ in a near future?


The project is cool, but it will be naive to expect such a great and high jump of VeChain. Definitely, it will grow gradually, but I am not expecting for the heap you have asked about. It might gain twice, or even thrice in 2021, therefore, investments in the alt will be beneficial.
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October 08, 2020, 09:09:53 PM
 #18

I do not want to comment about price but i do like vechain as a project and the fact that it has real use cases and relevant partnerships and business deals do make it high potential project, yes it already has big market cap but there is always room for further growth in market cap as well as value if the project is good and is in demand so im positive about future potential of vet.

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October 08, 2020, 10:48:49 PM
 #19

Didn't give much interest to this coin before but do you think this project has high potential?
Do you think it can reach 0,1$ in a near future?
In cryptocurrency golden time we saw that 0.1 USD ICO token price return huge profits. Only a few months before the Vechain price was 0.02 cents. I deserve more than 0.4 USD before 1.5 years. But don't fill up your bag with only Vechain. From now on almost 20* times profits. I would like to invest in new altcoins or still low prices after the crypto Golden times.
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October 09, 2020, 02:41:30 AM
 #20

Didn't give much interest to this coin before but do you think this project has high potential?
Do you think it can reach 0,1$ in a near future?
In cryptocurrency golden time we saw that 0.1 USD ICO token price return huge profits. Only a few months before the Vechain price was 0.02 cents. I deserve more than 0.4 USD before 1.5 years. But don't fill up your bag with only Vechain. From now on almost 20* times profits. I would like to invest in new altcoins or still low prices after the crypto Golden times.

Looks like so long before we saw 0.02 price now it has reduced by almost 40 percent and near 0.01 but the partnership they have like pwc and deloitte and also their implement in walmart Sam's club the transaction happening on vechain platform is expected to raise .

Hopefully we see increased value with transaction increase.

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