Quote from: TheDuke1984 on August 05, 2017, 07:58:22 PM

Quote from: Steffoboy on August 05, 2017, 07:49:43 PM

Quote from: CrazyC265 on August 05, 2017, 06:38:01 PM

its not a poor effort it is having a very big effect on the price. the site has not been updated and given the love it should be .

I dont think so, i think alot of what has happened is that the short time traders got flushed out, sold out and left the arena, then came the Bitcoinfork, which pushed the people into Bcoin, this has not even settled yet and has affected all alt coin including Ether, so what an half ass hat can manage to do here i dont think he has any bearing on anything, people smart to understand the value here, dont get distracted by lame talk, It is no argument against Veri, all the proposed bad things with it, is jut based on non understanding, or absent willingness to research something, and make your own informed decision.

They have been busy selling contracts, they have been abroad, they have done alot of things, and all that can be heard is complain about the website, as long as the investors dosent care, and they wont, what the token holders think or non token holders think, or trolls think, has no bearing of the future value.

None, zip nada null = 0

The one who needs help has to read up, maybe not just on Veritazium, maybe the person has alot to understand before they can get it, so i think this is not some noob investment, with some simple function everybody can digest, this is also why the value will skyrocket, when deals are closed.

Veri will go no offer, none for sale, so lets be glad that the price is low, and all can get some more, before the big players will accrue whatever can be accrued before the last trader has left the party. You should listen a bit to Bix Weir, he understands it, also he has spoken wit Clif High alot, and he sure understands it, these are the type of brains needed to grasp it.

The noobie buyers will scratch their heads long after they cant get into the market they left for a few dollars.

Price of the token is NOT valuation of Veritazium. This seems to be very hard for people to understand, and i cant understand why that would be so hard. Maybe i cant climb down that far and grasp it.

Hey Steffoboy - can you please elaborate a bit on your statement that the price of the token is NOT the valuation of Veritaseum?

I'm a newbie and am trying to figure this one out.

I'm also wondering what happens to a token one redeemed back to Veritaseum for purchase of service/etc. I do understand a token can also be rented rather than redeemed.

Also, if VERI has a MOU with the JSE, wouldn't the JSE have needed to purchase tokens to receive service going forward?

thanks in advance for the help

The future value of Veri the token is uncoupled from Veritazium the company, cause the value lies in the patented and unique functions of the software, that is enabling low fees, very low compared to current industry standard. The tokens is needed to use the software, at some point of the development, the price will be so high that all the holders will realize the value of the token. When this happens tokens go no offer and the price skyrocket.

But the real value lies in the novel new ways to do business, this will mean a player that wants to enter the new way of doing business, will have to acquire tokens so he can use the software, this will enable people to go for a high price participation of a one time nature, or rent the tokens for long term use in a particular business, the amount for the lease would vary depending of the collateral amount and the regular amount of cash for using the token.

Those tokens that is one time use, will be consumed, and i dont know the mechanism for how they are supposed to return to the market, they have to be, but i have yet to understand, been told that. But on the other hand if you are willing to sell your token for a bigger gain, maybe it dosent matter to that token holder he now has lost his chance at big gains, now he has to try to get hold of new tokens, which would mean high buy orders with the newly earned large stash of money from the deal.

Veritazium will not be the party that haggle for the use of yours token, the one that has the bought the software from them has to close the deal with different token holders, with free price setting.

As i would as layman understand how the Jamaican deal would work, is that they give them the tokens for free for evaluation, when they go live the participants would get discounted tokens, for their needs, this will bring huge market value and the price of Veri would rise. After that i think that Veritazium will sell bulk at higher price than the market at any given time.

Remember they will sell the software, and also consulting and specialized deals, all of which are requiring the tokens, so i have a hard time seeing that they will undercut and destroy the market, rather the opposite.

If it is not done in some similar way, all the spare stash of tokens have to be consumed before it is some demand for the already released tokens, so i see any other manner as unlikely.