Explain how any token in crypto is providing value to anyone in such a way that it warrants the token's valuation?
The thing I don't understand is why VeChain is the coin that gets singled out. You can make the same valuation arguments about the entire space. At least VeChain has some promising signs of adoption and pays you out something in the meantime.
At NYC meetup Sunny himself admitted that like 90% of VEN value is derived from speculation. What drives speculation? Exaggerated marketing. Plus the fact that hodlers have no investor rights, I doubt we’ll ever obtain enough info to derive real value.
pointing to other coin's as being overvalued doesn't negate what I'm saying.
VeChain is singled out because the reddit fags would have you believe that it's the only coin deserved of its valuation.
This is completely true. Vechain has the worst fans in the crytpo space. They're complete fucking morons.
That point by point "rebuttal" on Reddit is the absolute state of the community. They simply fall back on the same stupid talking points. No wonder people think it's a chink scam. When you reply in angry broken engrish people start getting suspicious.
What he said was that if you look at the stock market, tech companies' valuations are frequently 90% speculation about future earnings. Metrics were shown for google and tencent. He then went on to acknowledge that for crypto it's even higher - probably >99%. VeChain is aiming to be the first one that provides SOME real value.
If you don't recognize that speculation is what drives markets, you don't know shit. Look at Tesla.
Not all speculations are equal. At least with Tesla you have transparent, measurable indicators to speculate off of. Hodlers are not stockholders
>comparing a stock (ownership) of a real company with tons of assets, sales and patents to a chink shitcoin running a dubious blockchain with nothing but chinsese shills and bribed partnerships
Wew
>Don't give a single fuck about leddit and cck fag
>Bought VEN due to Jim Breyer, Anthony Di Iorio and more recently that chink uber chinkman and the fact they have delivered on their dates
This thread proves the only ones fudding this shit are leddit refugees on a retarded personal crusade, for fucking free
I bet they have VeChain equity and you don’t
>muh equity
who cares? we know for a fact that DNV GL and PWC own both equity and tokens. the burden of proof on breyer and other VC/smart money owning equity lies with you