are you retarded? everything he said is true.
Wut
“Muh Jim Breyer” is not an intelligent or coherent critique. It’s neither true nor false, it’s just stating the name of an investor and pretending that’s a point.
It's a literal scam and it's still in the top 20, the real question is "why only now".
Everyone who isn't a complete brainlet knows that supply chains are pretty much a meme. Few use cases but mostly vaporware.
Goddamn some dumb shit in here again.
To the scam points:
1. Whitepaper is long (This is FUD?)
2. Code isn't a copy of Ethereum - more of a heavily modded fork (check GitHuB)
3. Jim Breyer made two crypto investments: Ethereum and VeChain. This is the guy that flipped Facebook and Marvel. Happy to follow his lead.
4. Yeah that's some weird marketing I'll give you this one
5. So wouldn't this ultimately motivate more investment in VeChain?
6. So what. Show me a coin's that isn't.
Lol look how pathetic this guy is
You're the pathetic one. He actually gave arguments, you're just calling names. Retard.
Another red flag for Vechain is the huge amount of hype and announcements of "partnerships". Sunny Lu even talks to the community when the price drops like "Don't worry guys!!". Not professional behaviour. If you want to invest in something good, don't invest in the hyped projects, but in the ones on the down-low.
In my opinion, it is weird that Vechain announced a lot of partnerships because Vechain's mainnet isn't live yet; there's no working product. Once it's out and companies that intend to use it have verified that it works as intended it would be more logical to make announcements. This accomplishes two things:
1. It saves them the embarrassment of having to backtrack on a partnership announcement in the event that Vechain doesn't work.
2. If Vechain does work and these companies adopt it, they know it will be huge and VEN tokens will be a hot commodity. If they make partnership announcements before a working product is proven then they know people like us will be scrambling to buy in anticipation of its adoption and in turn drive up the price, increasing the amount they have to pay to have access to the network they'll be reliant on. By waiting to make partnership announcements they ensure that they're able to buy VEN at a cheap price and that they have a working product before any big moves are made. These companies would be vastly increasing their risk exposure by making partnerships announcements prematurely.
>Whitepaper is long (This is FUD?)
Yes. Because the whitepaper is 99% fluff.
>2. Code isn't a copy of Ethereum - more of a heavily modded fork (check GitHuB)
No its not. The only thing they modified was the consensus, in which they added a whitelist for nodes that can produce blocks. lmao at this btw. 100 pre-selected nodes and block times are still 10 seconds long. EOS can have an infinite amount of accounts competing for node positions and still is over 20x faster than VeShit.
>3. Jim Breyer made two crypto investments: Ethereum and VeChain. This is the guy that flipped Facebook and Marvel. Happy to follow his lead.
Right... because VC investors are never wrong. Fucking VC investors. VC's invest in the most high risk stuff there is. If anyones ever going to be wrong in the financial sector, it's probably going to be a VC. Not shitting on VC's since thats their investment strategy but jesus fuck; using it as a shilling point? come on.
>5. So wouldn't this ultimately motivate more investment in VeChain?
Blockchain for supplychain is a fucking meme. I'm not going to go into it since the majority of this board cant even explain how a blockchain works but it essentially boils down to the fact that you cant have deterministic data when the data being relied upon comes from humans themselves (a non-deterministic source).
>6. So what. Show me a coin's that isn't.
VeChain takes it to another level. Like Tron/Verge/Ripple levels; It's a cult.