QUOTE(Davez89 @ Sep 23 2018, 01:06 AM)
Thanks haha but it's just a volunteer role, by no means I'm someone specialBitcoin and other Cryptocurrencies, Comprehensive guide on first page.
Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
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Sep 23 2018, 09:08 AM
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#361
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695 posts Joined: Jan 2008 |
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Sep 24 2018, 10:41 AM
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#362
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QUOTE(Gss2k @ Sep 23 2018, 06:02 PM) why would anyone do or join an ico now? I feel like the ship has sailed and even if it pump it will be small only. Not worth the risk. Nobody should join unknown icos from startupsback in the day, there was no private sale/presale. so everybody had to join ico and there was always demand after that because people got too little of what they want. nowadays it is the opposite. But do your research and you will know that VeChain ecosystem ain't your typical startup. They are a global operation doing real business. Have you watched the latest CNBC show featuring VeChain? DB Schenker, BYD top execs endorsing VeChain and saying it will change the world and industry. |
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Sep 24 2018, 06:37 PM
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#363
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QUOTE(Gss2k @ Sep 24 2018, 06:28 PM) nothing against vechan, it is good but i was refereeing to oce. are u ok if people loose money and blame you? Well OCE is the central ecosystem that bridges VeChain's ecosystem to the business world. Do some research about it. OceanEx and VeChain is intertwined. If you think Vechain is good, then OceanEx is automatically goodI am not responsible for any financial losses. Blame me all they want, I wouldn't feel a thing. Why should I? If people lose money because they invest solely by listening to a stranger online, then they have bigger problems to worry about This post has been edited by FatalExe: Sep 24 2018, 06:38 PM |
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Sep 25 2018, 01:54 AM
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#364
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QUOTE(Gss2k @ Sep 24 2018, 07:06 PM) It hurts me when i promote something and it turn out to be a scam, fail project ,loose money or dont live up to expectation. I guess we have different standards. Of course I will feel disappointed, but I will be disappointed in myself, not because of others blaming me, but it's because I failed.Do your own research, that's what I can say. Let me know when you have done in depth research on VeChain and OceanEx. Guarantee you will be a believer The days of free magic internet money are gone All that's left in the crypto world are real world adoption and usage That's why people like me and Davez are all-in in VET. Simply because our research has led us to the best in the crypto world. Just look at BTC. The white paper says Peer to peer electronic cash. Now BTC proponents are going "BTC is a store of value" when people criticize it's scalability and effectiveness. Endless dev team drama and fighting with BCH. ETH, the pioneer of smart contracts. Constant consensus issues, plus no real direction for the technology. Constant obsession over tps speed and tech. No one bothers to actually market the tech to enterprises. Enterprise Ethereum Alliance only mandates it's partners to use and fork private ETH chain. Useless. The founder Vitalik spends more time on Twitter blasting EOS and TRX and saying ETH will go to 0. Who wants to use ETH and place business usage on such a wild chain? OMG was hyped for being business oriented, but it's directly tied with ETH's success as they share dev team. Jun and company keeps on emphasizing tps speed when they have so few partners and users. Then you have the big boys like XLM partnering with IBM. But IBM is only using XLM's tech in private blockchain in majority of its use cases. XLM tokens have no incentive to rise in value. XRP almost have same issue. Token vs protocol. What else? EOS? TRX? XVG? Real business usage doesn't come magically. Fortune 500 companies don't knock on your door if you are a start-up. This is what crypto startups and developers don't understand. VET has unprecedented list of partners, clients and investors. Jim Breyer. DNV GL. PwC. BMW, Renault, Louis Vuitton, Givency, Chanel, Shanghai Government. Bright foods. China Tobacco. PICC. Top 4 Italian wine manufacturers. BYD. DB Schenker. Kuehne and Nagel. So many clients using their solution. This is because they are business veterans, they approach companies and understand their problems, not going to them and talking about their own tech. Their token economics were supported and researched by City University of Hong Kong, Oxford University, Tsinghua University, Michigan State University. All of this made possible by the advisory of PwC, DNV GL, Nan Xiaoning, Jim Breyer, CREAM and other advisory firms. The token economics directly will increase the value of VET and VTHO. And the central piece that connects enterprises and crypto world would be OceanEx. Enterprises won't sign up for a Binance or Bittrex account, they would trust VeChain own ecosystem. OceanEx is the brainchild of VeChain's head advisor. Talking about investments, VeChain ecosystem is really undisputed in the crypto world. |
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Sep 26 2018, 01:21 PM
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#365
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QUOTE(chiam_ace @ Sep 26 2018, 01:39 AM) I'm fairly neutral about the BTC vs altcoins war, but I'd like to share a piece from the Palm Beach Research Group's report from 2 weeks ago which I think is a good food for thought. Good news is that China is fully embracing public blockchain. It is inevitable that US will follow sooner or later.I don't fully agree with the statement above because of the vastly different technology offered, but it does make sense some sort of way. The thing is, Bitcoin and Ethereum , at this stage is just not efficient enough for enterprise usage. Especially because of the gas fee. That's where VeChain shines with its twin token model VET/VTHO. No offense to the OG community but Bitcoin/Ethereum is not the future, not for real businesses because of the dilemma of token price vs gas fee. |
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Sep 26 2018, 01:22 PM
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#366
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QUOTE(Jusstatic @ Sep 26 2018, 08:30 AM) i doubt the XRP hype will last long. over the course of the past few months, bitcoin still proves to be the best and most reliable among the worse no? do you guys think now its the time to swap some of the XRP earned for some bitcoin for long term holding? That depends on whether you believe in speculation vs adoption . Which will outpace each other quicker? |
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Sep 26 2018, 02:40 PM
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#367
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QUOTE(blurcase @ Sep 26 2018, 02:22 PM) I think adoption should also be clarified as not just merely buying and hodling. Its in using it as a means of financial transaction for actual goods and services. Despite flaws in BTC, it is still widely used for actual buying and selling stuff. If all goes well, XRP will be integrated to banks It beats amateur usage of BTC transactions Depends on how XRP goes No banks or no businesses would really adopt BTC. It's just not efficient enough Were you guys here during peak bull season? Transfers cost up to 30$ for BTC |
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Sep 27 2018, 01:55 PM
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#368
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QUOTE(archangel22 @ Sep 27 2018, 12:32 AM) yea i would suggest SBI and Bitpesa not to use Bitcoin too much. I dont lilke paying $30 fees. not efficient for me. Can you really look in the mirror and tell yourself that $30 minimum sat fee (takes hours to confirm) and is efficient?"The Japanese money transfer giant SBI Remit is now letting nearly half a million customers send money to Africa using the bitcoin blockchain." "In addition to settling remittances in as little as one hour thanks to the bitcoin blockchain’s fast settlement times, SBI Remit director Nobuo Ando believes BitPesa’s multiple international licenses will help jump-start African commerce with Japan on a larger scale by adding a much-needed layer of trust and transparency." https://www.forbes.com/sites/michaeldelcast...a/#b116f097d3c7 Have you experienced the BTC settlement issue last year? Tens of pages here in LYN were crying due to the confirmation times Do you understand how traditional Proof of Work blockchain and BTC works? Do you know BTC, as it stands, factually, cannot scale because of block size and other limitations? Can't wait till banks realize how horrible using BTC is when they actually use the freaking network instead of riding the blockchain hype when they got no clue about its issues QUOTE(ywliang96 @ Sep 27 2018, 07:05 AM) Banks and enterprises will never open a LN nodeLightning network will not solve BTC's problems Lightning network is not even BTC It's a meme. This post has been edited by FatalExe: Sep 27 2018, 01:58 PM |
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Oct 9 2018, 02:11 PM
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#369
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Davez89 did you manage to grab a lucky box for OceanEx ICO?
It sold out in less than 2mins lol |
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Oct 9 2018, 07:49 PM
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#370
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QUOTE(Davez89 @ Oct 9 2018, 06:03 PM) [attachmentid=10061860] Yes, got my 800k box. 3.30am sales started after being delayed from 11.30pmSuper small allocation but it's good also so not many whales can dump on launch. Did u get ur lucky box FatalExe? Stayed up until 4.30am to confirm it was successful Have to do crisis management also since ICO was delayed and communication between team and the community was not fast enough All admins like zombie today hahaha This ICO so high potential, around 5million market cap only... Did you get your Safe Haven x-node allocation? |
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Oct 10 2018, 11:28 AM
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#371
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QUOTE(Davez89 @ Oct 9 2018, 07:52 PM) fuhhh whale ni 200k not smallyup i went in small on safe haven too 200k vet. mcap for SHA also low but im skeptical so just go small for now Who's the whale here? Hahaha QUOTE(wlcling @ Oct 10 2018, 11:12 AM) AgreedTeam is preparing medium article to clarify Hopefully it comes soon |
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Oct 11 2018, 10:15 AM
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#372
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Stock market trade war affecting crypto. Sell offs everywhere
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Oct 30 2018, 09:05 PM
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#373
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New VeChain ecosystem ICO starting tomorrow. Previous VeChain ecosystem ICOs (SHA and OCE), sold out in less than 3 mins combined. https://medium.com/plairlife/public-sale-an...nt-88c909ac8eb4 This post has been edited by FatalExe: Oct 30 2018, 09:05 PM |
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Nov 15 2018, 12:49 AM
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#374
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Rip btc
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Nov 20 2018, 08:08 AM
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#375
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XRP, XLM gaining sats and holding strong in this bloodbath . Only coins with real business utility will survive the great purge. Bring it on, please kill all the shit coins
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Nov 29 2018, 03:09 PM
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#376
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Legendary investor Jim Breyer ( first investor of Facebook) reaffirms that crypto is the future and his VeChain investment
https://www.cnbc.com/2018/11/28/cnbc-interv...r-capital-.html |
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Nov 29 2018, 03:21 PM
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#377
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695 posts Joined: Jan 2008 |
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Nov 29 2018, 05:53 PM
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#378
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QUOTE(roy_zu @ Nov 29 2018, 04:12 PM) Lol noVeChain is backed by PwC, DNV GL, Breyer Capital, Draper Dragon.. steering committee composed of: PwC Greater China Head, DNV GL Digital Transformation CEO, City University Hong Kong Professor, and 3 VeChain reps Already established business with BMW, BYD, LVMH, Bright Foods, China Tobacco, Family Mart, etc VeResearch academic partners include: Tsinghua University, Oxford University, City University, Michigan State University https://www.cnbc.com/2018/03/28/theres-only...er-vechain.html CNBC, AlJazeera, South China Morning Post, CCTV, etc all covered VeChain before. It will be an exciting time ahead One of the best financial investment opportunity in recent decades |
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Nov 30 2018, 10:46 AM
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#379
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QUOTE(ChAOoz @ Nov 30 2018, 10:34 AM) Vechain is a startup with a REALLY good marketing & social media team. Also they are in a keyword industry now, much like AI & Bio-science startup. Sorry but there is so much misinformation in your post. VeChain has been operational for 3 years before their ICO. They have VCs and seed funds investing in their equity long before the ICO (it's not even to raise funds primarily, it's to circulate a decentralized token economy). You need to study up on the project before trying to FUD/spread misinformation/assumptionsThe difference with VeChain is that instead of going for seeding round with Venture Capitals, they now did it with ICO and public money. Last time before ICO, retail investors has not much means to participate in startup funding. All those is limited to institutional investors. So to do investing in startups, metrics you need to consider: - Their Revenue source & streams - Business Models - Margins & EBITDA - Their products offerings - Active customers - Their market size & share - Potential Market Size & Share Basically facebook monetize their "active user" by sellings advertisement, and they are good at it. So VET in turn should have a product to monetize their "token holders / authority Nodes" to businesses like BMW, Renault and charges a fee, thereafter the fees should then be distributed back to VET tokens holders as they are the company shareholders. But for what i know VET is offering those services for free / in collaborations, as such their revenue stream is still mainly on token price valuations. which is why they cannot disclose their revenue stream (concern 1). Based on the above metrics, you can say the investment is "risky" but with high potential of return. They are currently valued at close to 300m USD. But their revenue stream is mainly from toke valuations & sales. Meaning their skills is in raising funds, however they still have yet to find a good way to monetize their "user base" which is the tokens holder. While at the other end, they don't have a functional products to charge clients like LVMH, BMW etc. If VEchain really able to successfully monetize and generate revenue stream via dominating the logistics tracking industry, we could easily see the valuations from 300m jump to ten's of billions, like in the case of Airbnb and UBER taking over the hospitality and transportation industry. However a word of cautions, in the startup space, unicorn startup with more than 1B valuations is less than 1%, and 60+% of firm after raising fund failed to produce commercially viable businesses. So this is the same for ICO. If you wanna invest in startup prepare to put money in 20 companies and risk 19 failing and 1 moon-ing. Always do due diligence before investing. If you invest based on hype and this month "hot keyword" you will most likely get burned much like dot coms bubble, property bubbles, equity bubbles and what not. From 2008 - 2018, the real bubble is the "startup" valuation bubble IMO. Raising fund has become too easy. VET's business model and tokenomics are all geared for price increase of VET tokens. VET isn't an ERC20 token, it has its own main net. You don't need to distribute dividends to token holders, this is not a stock, it's a crypto asset. If you give dividends then it will become a security, and it will get instantly banned in many countries It's a two token system , VET and VTHO. VTHO is needed as transaction fee and generated by holding VET. I suggest you read the white paper. VET is not a useless token or for dividends. And it's a mistake to equate cryptocurrency market cap calculation with stock market valuation. Who said they offer services to partners for free? Where is your source? I don't think they are stupid enough to starve themselves since they have offices in so many countries? ... They are a real company with real revenue streams while building token value. Read up on MPP protocol for their software revenue stream. They also manufacture custom IoT/RFID/NFC chips for refenue. Also they provide advisory service to governments and enterprises to implement blockchain technologies. They are not normal entrepreneurs, they are highly experience corporate people from PwC, LVMH, RFID industry veterans And if you think VeChain is risky then why bother speculating in the crypto market. Many people forget VET, aside from the fundamentals, can still appreciate it's value through pure speculation. So for every day Tron and EOS is in the top 5 in market cap, VET will still be undervalued. This post has been edited by FatalExe: Nov 30 2018, 10:51 AM |
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Nov 30 2018, 11:51 AM
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#380
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QUOTE(ChAOoz @ Nov 30 2018, 11:05 AM) That is my opinion, not a statement, so try not to take it personally and said that I'm spreading FUD. If a product is strong and fundamentals is strong FUD will never kill its existence. Don;t you realized google / microsoft never care much about FUD whereas riskier venture like Tesla is hellbent on attacking it's critics. It's cool, sorry if what I wrote sounded a little aggressiveAlso i appreciate your reply on this. It helps me to understand the picture better as well and give me some further leads to research. I have nothing against crypto or blockchain, to me all asset class has it's gem. Our job to get return is always to find gem in all industries, and new industries that experience investor is wary of touching always present good opportunities. But we need to always do our due diligence, so being a skeptic does not mean i'm out to kill your industry or discredit its value, i'm just doing my best to preserve my own capital by questioning everything that i have doubt in. QUOTE(ChAOoz @ Nov 30 2018, 11:25 AM) So to simplified things, should i say if VeChain has more users and people on its platform, their token value also rises right ? So by buying the token, doesn't that mean we also put a stake onto their futures platform potentials ? Ain't that the same as investing in a startup via equities ? Holding a crypto asset doesn't net you profit dividends. In crypto world, all value is derived from speculation. There are no fundamentals in crypto. Token economics (Tokenomics) that derive value for tokens are a new industry, in fact VeChain is the first token to have proper token economics, led by research intiatives in Tsinghua and Oxford Math Faculty. You seem to misunderstand the purpose of both equity investing and crypto investing. You don't get value for your equity shares by speculation alone (more so if it's a private company). Also holding VET generate VTHO & VTHO is the currency for using the network. Ain't it the same as holding a company bond and it generate interest ? To me those are complicated terms to describe much of the same income process as what we have now. Btw if they are a real company with real revenue, why do they need to spend so much time promoting the token. Why don't they focused head first into their product for their end customer ? Let the result do the talking ? In term of supply chain, i see some really good company like ogydocs doing great work quietly. Why VET has to market themselve so aggressively ? I always thought their reason for this is to increase the token value like how before a company IPO they try to hype its valuations. No, VTHO is not interest. It is the cost of accessing the blockchain. Therefore, the more business and non-business usage on the blockchain, the more VTHO needed. How to get VTHO? You have to hold/buy VET. Or buy VTHO from open market. Thus, linking business fundamentals of VeChain in addition to speculation value of VET and VTHO. You have to understand, every other crypto does not have an ability to directly derive their value from business fundamentals. It does not matter if LTC is accepted by small merchants, it doesn't mean LTC will go up. Unlike VET which has in built token economics. VeChain does not spend a lot of time promoting their token. In fact their marketing sucks. You don't see crypto universe writing their news even in big websites like CoinDesk. I don't know where you got the impression that they don't focus on their business. And promoting the token is to ensure more end users hold VET, creating a decentralized public blockchain. Again, VET sucks at marketing. We are not TRX or XVG that's absolutely trash Let the result do the talking? Have you even done basic research about VET before assuming these incorrect perceptions.? They have the most business clients in the entire crypto universe, there is literally no other coin that has this much real world adoption. https://vechaininsider.com/partnerships/a-c...n-partnerships/ Bright Foods and DNV GL, alongside VeChain, Tsinghua University, PICC, Norwegian Seafood Alliance will be having an entire ecosystem worth of food products in China supermarkets traceable and trackable using VET blockchain. That alone can propel VET into one of the most valuable companies in the world. But crypto market isn't mature yet. It isn't ready for such potential, what more when most of crypto people are ignorant and unwilling to learn what VET is doing. When those products are on the shelves of Chinese supermarkets and the logistics recorded on the public blockchain, burning VTHO, that's when VET will really moon. People don't seem to understand, if speculation alone can push DOGE and LTC to hundreds of millions crypto valuation, imagine how VET can perform with speculation PLUS business fundamental. It will be scary when VET blockchain really starts to run in early 2019. Davez89 This post has been edited by FatalExe: Nov 30 2018, 12:03 PM |
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