VeChain Moon Catalyst getting released soon!

lmao
srsly tho now its at a good price after all these dumps gonna fill me bag a bit

To scam round eyes. The same exact purpose of an x-node. The x-nodes do nothing at all to secure or validate the network. So why would vechain come up with x-nodes, to make stupid round eye faggots keep holding. Why did he come up with the lucky draw lottery? To keep stupid round eye faggots holding.

How is it a scam? A handful of very large and respected international companies are openly working with them and using their blockchain.

This isn't like Tron, which is an actual con. Vechain is being used, right now, by companies in the real world. I get the hate due to the scummy marketing in its early days, but its pretty obvious that it is being developed and utilized in good faith, at this point.

It’s a scam because vechain hypes partnerships that don’t even end up on the chain, and if they do is barely. They have all these huge partners and the mainnet is dead.

Vechinks are still alive?
Damn.

The main net is slowly growing in activity, and their partners(clients, in this case) are indeed using the chain, most recently Deloitte migrated a database onto vechain to be tracked, and it resulted in a spike of main net traffic.

You seem to be misinformed about what is actually going on.

I have worked out how it’s a scam.

VeChain has 2 parts to it. The foundation that controls the private blockchain and the commercial side that sells the hardware and software to run it.

The coins were all sold in order to raise money for the VeChain tech company to developer the commercial side. At the peak they sold out whilst keeping idiots to hodl (myself included) with x-nodes, event announcements, rebranding (twice) and other marketing stunts coordinated by CREAM.

Now the tech company has many clients making a ton of money, whilst the bag holders have served their purpose.

We wait for the promised volume of transactions but, by the time they come, which may never even happen, there will be such a high volume of vetho already it will not lump the price of vet one bit. Smart money left a long time ago.

>"Vechain is being used, right now"

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Smart man user. VeChain Launched Nov 2016 by the same company that launched QTUM and other shit cryptos.

nasdaq.com/article/bitse-launches-blockchain-based-vechain-platform-teams-up-with-pwc-cm715284

As you can know they migrated notthing from the consortium chain to the public network. Because they had no clients. They RAN out of MONEY. So the 2017 ICO boom was a perfect fundraising event to get free money from dummies. The VTHO generated for "gas" is massive and they own like the whole supply since they own 80% of the VET tokens and get massive number of bonuses for holding all the thunder thanos god tier nodes. If there is ever a real demand they can sell VTHO tokens which they hold most of the supply of for peanuts otherwise they still have a constant revenue supply sold to the VET cult anyway

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>spike
Wow user, please tell me when you get actual use. Nobody gives a shit about a few smart contracts from Deloitte getting migrated over. It resulted in no actual usage besides the spikes. Keep waiting for those transactions user.