VeChain (VET) price predictions?
VeChain General
Wont outperform btc in the next 5 years, thats all that matters.
1 USD EOY
Long term, $1. EOY who the fuck knows with this market.
There's a distinct lack of retarded Vechain FUD today, did FoxyIT have an aneurysm?
copy/paste
ETHEREUM
March 13, 2016: $14.32 / ETH
Market Cap: $1.14 Billion
December 23, 2016: $7.24 / ETH
Market Cap: $631 Million
June 14, 2017: $369 / ETH
Market Cap: $34 Billion
Jan 13, 2018: $1377 / ETH
Market Cap: $133 Billion
August 7, 2018: $406/ETH
Market Cap: $41 Billion
----
VECHAIN
January 22, 2018: $9.45 / VEN
Market Cap: $5.24 Billion
August 7, 2018: $0.013252 / VET
Market Cap: $735 Million
---
VeChain is 85% down from its ATH.
VeChain's ATH was 84% under Ethereum's price in June 2017.
VeChain's ATH was 96% under Ethereum's ATH in January 2018.
If VeChain reaches Ethereum's current market cap, it must go up 56x. The price of one VET would be $0.74.
If VeChain reaches Ethereum's all-time-high market cap, it must go up 181x. The price of one VET would be $2.40.
we're gonna make it bros
>in b4 vechain is a scam
>in b4 sunny is a rapist
>in b4 china hustle
>sunny is a rapist
sauce?
i know he kicked a librarian & ran off, but Rapist...
Good lord...you fags thinking this is Ethereum 2.0 haven't a fucking clue.
I bet you have a slammin portfolio!
First blockchain with actual enterprise use and interest. Ethereum is next to worthless to enterprises right now.
never understood why he kicked that lady, seemed so out of character for a big-time CEO
To be honest, I'm not really that interested in the price right now, the tech is what appeals to me (I already deleted my blockfolio). I believe in the project, so the day to day price is of little concern to me. Besides, the entire market has suffered so this was to be expected... imagine you sold etherium at $10, and how you would be kicking yourself for that. I would argue this is a much needed correction and is bullish for the longer term. That said, I wish my pay check would come in sooner so I could make use of these panic sellers. Hopefully the price will stay down and I'll have some time to accumulate. For now the whales are keeping it low and there's a lot of baseless fud going around, most of it started by buyers who want to get in cheaper. The fundamentals are still great, the partnerships are legit, and there are some big updates coming soon, so just keep accumulating and check back this time next year!
Who won the wrottery
And who do you expect to buy VET to pump it from here? Everyone on reddit already bought it and got burned. They've already pulled out every marketing gimmick in the book (X node, 1:100 split, loterries, "partnerships") who do you think is going to buy this cringetastic bullshit?
>t. former strength node holder
holy fuck the delusion. bagholder bingo is real.
t. huge Vechain fan
>basing your system on PoA with secret node operators
>using stupid cringy names like "power of Thor"
>1000 transactions a day
>having 75% of your volume on a chink wash trading site and praising them for it
>claiming the nodes are decentralized even though one "foundation" picked them all
>setting up a bullshit "foundation" with handpicked insiders that dumps propaganda all day
>recruiting the shittiest possible ICOs and calling yourself a platform
>claim your poaching talent of ETH by forking ETH with no devs
>not being able to spell check your medium bullshit spam
>having a fanbase that discusses cryptic "predictions" by a twitter account and a telegram fag
>thinking VTHO or whatever faggot coin it's called now is going to be worth anything with no demand and unlimited supply
>thinking "billion dollar partnerships" means billions in revenue
>thinking PwC doesn't have other partnerships
>diluting your main coin to copy TRON scamshit
>offering giveaways and contests after your coin shits the bed
>claiming you have a product that no one can publically use
>releasing financial reporting that's impossible to verify or audit as real
>bragging about retard angel investors like Tim Draper (Theranos? Six Californias?) as geniuses
>thinking Western companies are going to trust a chink scamcoin while we're in a trade war
lol these fucking fags are doing damage control and normalizing their horrendous losses.
Calling out "FoxyIT" or whoever the fuck that is lmao
You’re right, it isn’t ethereum 2.0
It can scale and will be used for more than cryptokitties, trading cards and pyramid schemes (powh3d lmao)
>The worlds supercomputer
Lmao www.dappradar.com wow look at all that usage ! The much anticipated augur has a whole 64 users per day!
Probably wrong
>Enterprise use and interest
How could you be this much f an idiot? Not only are you capping out at 3k TPS a day (no enterprise use), the fact that you would even suggest other cojns have no enterprise interest is fucking retarded as fuck.
>uses lmao unironically
LOL you're a BAGHOLDER of this chink scam bro.
>excited about staking a shitcoin to earn another shitcoin that can't be sold
lmao
No node identities
No VTHO market
No transactions
No adoption
Just delusions of the "vlippening" and massive bags.
>*screenshot of someone selling eth at $3 in 2017*
>ignore the paid fudsters
>the fundamentals havent changed
you retards thinking that this is better than eth are retarded. the vechain devs are so fucking shit that even with 101 PREDETERMINED nodes, they still can only get the block times down to 10 seconds. lmfao. for comparison, eos has an undetermined nodes that can be switched in at any point and is over 20x faster than veshit with 0.5 second block times.
Think about this: VeChain's ATH, at 5.24 Billion, was still 84% under Ethereum's market cap in June 2017. What was Ethereum being used for in June 2017? It was just ICOs for junk tokens and dApps that no one used. They have the Ethereum Enterprise Alliance which is very noteworthy, but there aren't any corporations actually using the thing, it's more of an intention of future support for if they ever sort out their scaling solution.
Ethereum has nothing like this:
medium.com
If we take them for their word (and given that DNV GL bought a stake in the company and is sitting on their governing committee, directly in charge of VeChain's operations, I think we should trust them), then this is just miles ahead of any other cryptocurrency in terms of actual mass adoption and governmental or enterprise use.
VeChain's competitors are IBM Blockchain and Microsoft Azure blockchain. It isn't other cryptocurrencies. If VeChain fails (and it certainly could), it'd only be because this publicly tradable cryptocurrency market is a sham and the only blockchain solutions worth adopting are private ones like what IBM offers.
This meme card is dumb as shit. I said "the whole market is down" about any stock during the last recession, "I wish I had more fiat" when I bought Netflix stock two years ago, "See you this time next year" when I bought Stellar before it went up over 1000%.
I think it was made by some bitter person in January who never made any money in crypto, it couldn't have possibly been made by someone who experienced the joys of profit. I cashed out six figures in January because I ignored crap like this.
>private blockchain
that's called a database retard
0.001
You gonna get 1/10 x-ed.
kek. fuckin saved. I was about to make similar copypasta from the bagholder bingo.
There’s absolutely nothing about blockchain that requires it to be implemented alongside publicly tradable tokens.
>publicly traded tokens
the token is the means to incentive miners. the miners are the people who mine blocks and maintain the data, making it immutable.
the point is if you don't have a distributed ledger, there's no immutability, which just makes it a regular database.
i was being mean when i called you a retard, but if you want to know why private blockchain is a meme watch this. youtube.com
Big Vechain fan here but I don't think VET will be more than 0.01 EOY.
Just sold my stack. Lost ~60% from before ATH. F**k this SHITcoin.
You can have a distributed ledger across multiple computers without it being open to anyone on the planet.
Private blockchain’s a real thing and if we ever want to talk “partnerships”, it’s the private solutions that are scooping all the real up - and it ain’t to pump the price to scam investors, since these aren’t even coins people can trade.
IBM:
>Hyperledger Fabric is a framework for permissioned networks, where all participants have known identities. When considering a permissioned network, you should think about whether your blockchain use case needs to comply with data protection regulations. Many use cases — in the financial sector and healthcare industry, in particular — are subject to data protection laws that require knowing who the members of the network are and who is accessing specific data.
>For example, consider a private equity company. By definition, a private equity is not publicly traded on the stock exchange, and its investors are typically venture capital firms, private equity firms, or angel investors. The participants in this network need to be known and have credibility in capital to invest to be able to participate in the blockchain.
It IS just a fancier sort of database, but the redundancy it offers still offers some advantage in certain industries over a traditional SQL database or whatever, which is why IBM is securing contracts for their blockchain solution with companies like Wal-Mart, Dow Chemical, Visa, and so on.
businessinsider.com
My point is that this boring, non-revolutionary implementation of blockchain could hypothetically be the thing that takes over while all these coins fail.
I have my money in VeChain because I think it’s the closest out of anything else in crypto that can compete on any level with IBM and Microsoft, even just as a small-time startup that takes its own little piece of that pie.
Motherfucking kek, saved
25-40 cents EOY 12 months I think we crack 1$
Literally the only coin on the entire market primed for mass adoption and all you fuckin idiots can say is China hustle and shitcoin scam vaporware with literally nothing to back that up. If you’re not at least 25% in ven at these prices you’re a fuckin dumbass straight up
FUCKING KEK
THE COMPANY IS USING OUR BMW CARDATA INTERFACE AVAILABLE TO ANY THIRD PARTY OH NO NO NO NO
This is why no one takes your ven fud serious you fuckin retard, literally the shittiest of shit tier dumbass fud. 5 seconds of googling shows that you’re an idiot
>If we take them at their word
Why did they lie about an Oxford University partnership?
Why did Sunny say mainnet has 10k tps but is now saying it can do max 50 tps?
Why is it proof of authority i.e. proof of reputation but the reputation of the node holders are not on the line because its anonymous?
Why do they give corporations free VET to dump on you then deny it even though they've publicly stated that that's their business model?
Why did they hire CREAM, a former WTC advisor who they BTFO'd in December when he asked for too much, to FUD WTC and take over their marketing/community building by hiring shills and making lofty promises backed by 'insider knowledge'?
CHINKED
Show me where he said 50 is the max?
Show me where they said they’re gonna keep the AN private?
Show me where they have given corporations free vet?
Show me the proof cream is a former wtc advisor?
Show me where Oxford was a lie?
If you show me proof of any of this I’ll send you 400$ in bitcoin right now
The amount of mental gymnastics you’d have to do to somehow explain how DNV GL was bamboozled into buying a stake in and actively take part in the leadership of VeChain despite it being a scam is a bit much, so I’m going with the simplest explanation:
VeChain is a company with very real partnerships and clients that has lousy and sleazy marketing and community organizing that is probably standard in China (lottery shit) and looks terrible in the West.
What sleazy marketing have they done tho? People screamed like autists about the snapshot freeze causing a price dump so they created the lottery and airdrop that’s just good communications with the community
Worst part about foxys delusional ass is when he’s asked for proof or proved wrong he just goes to a another thread and spams or creates another one even tho he already has 50 in the catalog
I don’t think they should be concerned with the price, even though that’s all anyone here cares about. You don’t see the CEOs of other companies outside of crypto talk about stock price and do lotteries to pump the price, but because crypto is unregulated there’s nothing stopping them from doing that.
That doesn’t change how I feel about the long term growth potential of VeChain or how many clients they’ve already secured but I don’t think it’s very professional.
There’s a kernel of truth to the FUD about Sunny tweeting about the price and everything, but I think it really begins and ends at the marketing/communication being unprofessional. VeChain as a whole is still one of the best bets in crypto, but people here take the marketing and blow it up into some awful far-reaching scam.
>The most used blockchain
>Trillions of transactions
Elon musk literally just did it today, one of the worlds most influential companies
Haha I know, but it’s a weird, eccentric thing to do, enough that regulators halted trading.
I don’t think it’s a big deal or anything, but it is unprofessional. I have money in VeChain and Tesla because I don’t think that lack of professionalism in specific instances like that really matter when everything else about the company is solid.
another day passes and you are still too much of a pussy to kys. holy fuck you are so pathetic. take a look in the mirror for some inspiration and just do it already.
>buying opportunity at $4.88