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Re: VERITASEUM DISCUSSION THREAD
by
TheDuke1984
on 06/08/2017, 20:59:54 UTC
I listened to Clif High's interview of Reggie.

Reggie mentioned a potential deal with "one of the top 10 exchanges in the world"

Wonder if it may be the Toronto Stock Exchange?

http://www.businessinsider.com/here-are-the-20-biggest-stock-exchanges-in-the-world-2017-4
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Re: VERITASEUM DISCUSSION THREAD
by
TheDuke1984
on 05/08/2017, 19:58:22 UTC
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
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Re: VERITASEUM DISCUSSION THREAD
by
TheDuke1984
on 30/07/2017, 19:46:07 UTC
Questions on valuations of tokens/ICOs.

I reviewed the Veritaseum forensic report on GNO and if I'm not mistaken the valuation forecast in the report identifies the value of a GNO token to be about 1/6 of where it is today.

My question is regarding a forensic valuation of a VERI token.  As of today the value of all the outstanding tokens is approx $15B.

just for reference NDAQ = about $12B, ICE = about $39B, CME = about $41B, all with lots of earnings.

Not sure what else to compare VERI to other than what I listed.

I'm not trying to disrespect the VERI team - in fact I am in awe of the mind-bending applications - just hoping for some perspective on valuations.  (and also help in de-bending my mind as the applications may be beyond my simple-mindedness).
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Re: VERITASEUM DISCUSSION THREAD
by
TheDuke1984
on 29/07/2017, 15:58:59 UTC
I'm new to this forum and am hoping to clarify a few items.  (Note - I don't own any VERI at this time).

1. How many folks here own VERI with the expectation that the price will increase in value vs own VERI for actual use on the Veritaseum platform?
     - Isn't it likely that if most are purchasing with the expectation of an increase in price then the SEC will eventually consider VERI a security?

2. If VERI is used on the platform, what happens to the VERI tokens when redeemed? (If there are approx 2MM tokens in circulation and I redeem 10 for product/service do the 10 tokens redeemed stay in circulation?)

3. If the total supply of VERI is 100MM, at current approx price of $150 the value of the Veritaseum platform is approx $1.5 billion.  That seems like a high value but I may be missing something.

Thanks