Daily reminder VIDT is /our coin/

We’re all gonna make it, VIDT soldiers. First lieutenant 30K checking in.


VIDT Enlisted Soldiers Ranks:
>Private - 1000 VIDT
>Private Second Class - 2000 VIDT
>Private First Class - 3000 VIDT
>Specialist - 4000 VIDT
>Corporal - 5000 VIDT
>Sergeant - 6000 VIDT
>Staff Sergeant - 8,000 VIDT
>Platoon Sergeant - 10,000 VIDT
>Master Sergeant - 12,000 VIDT
>First Sergeant - 14,000 VIDT
>Sergeant Major - 16,000 VIDT
>Command Sergeant Major - 18,000 VIDT
>The Sergeant Major of the VIDT Army - 20,000 VIDT Captain - 40,000 VIDT
>Major - 50,000 VIDT
>LieutenantColonel - 60,000 VIDT
>Colonel - 70,000 VIDT
>Brigadier General - 80,000 VIDT
>Major General - 90,000 VIDT
>Lieutenant General - 100,000 VIDT
>General - 500,000 VIDT
>General of the VIDT Army 1,000,000 VIDT

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Sargent Major reporting in

>Private Investor who'll dump on bagholders: 5,500,000 VIDT

When is this going anywhere? It's dumped sufficiently might be a good entry point. Explain to me what's going to make this pump bare minimum at least to 45 cents again and I'll throw a grand or two at it if you're convincing enough. I've read the whitepaper, the tokenomics are solid. But it's continued to dump. What's going to make the difference?

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we've collectively decided to hold off until after you sell. so, as soon as you do that, we'll pump again. until then, enjoy the bleed.

Binance, new clients, IBM

Private First Class waiting for orders

SERGEANT checking in!

A worn out Lieutenant General checking in

short term speculators should move on. It may list on a t1 exchange soon. They may release the names of a new amspec/airbus tier client that they've been hinting at. But they might not.

regardless, this is the only coin I feel safe throwing money into. Safer than BTC or ETH. They are generating revenues. A portion of that revenue is used to buyback the token. And the revenue relative to their market cap is the highest PE ratio of any crypto. It can only go up long term, regardless of speculation and the market's typical bipolar bullshit

t. lieutenant general

Can someone enlighten me on token burns? They say they burn 20% of tokens spent in validations. So they buy 10% on markets, ok nice, but what about the other 10%?
They say it's burned from the validation wallet, but the supply in this wallet should never be circulating anyway, so isn't that useless to burn them? And what whill happen if they burn 100% of the tokens they are holding in the validation wallet?

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Corporal checking in

not sir, they burn 20% (that doesn't really matter though in the short term) and they buy 10% equivalent of the total validation fees back on market.

the token burn has no direct impact on price, as you said. But it can make the coin more valuable indirectly in two ways. 1) the diluted market cap will decrease, which is only ever a positive. Think of other pre-mine shitcoins with only 1% of the supply circulating. And 2) when tokens are exchangeable for company shares next year, they will be worth a larger representation

the wallet will never burn 100% of the tokens. It will asymptotically decrease, which is fine, but it will never reach zero, because we're dealing in percentages. And the burn will gradually become less and less as token price goes up.

take a look at VIDT faq it will turn you bullish

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Who in the fuck would buy this when there's dusk

My thoughts exactly.

Dusk?

Dusk is also low mcap and will go to at least 20 dollars

Sure thing bud

>the wallet will never burn 100% of the tokens. It will asymptotically decrease, which is fine, but it will never reach zero, because we're dealing in percentages. And the burn will gradually become less and less as token price goes up.

But when people want to verify files they pay in fiat and then it is converted to VIDT later, so if the price doesn't rise much there will be almost no decrease in the amount of tokens burned, and one day (in more than 20 years though) all tokens will eventually be burned

Just look at the charts :) but go ahead and hold vidt

>DUSK
>120Mill mcap

I'm not really sure what your point is

This is wrong lol it’s like 16 mil mcap lmao
I can’t believe people are still holding vidt

Well because it is theoarecally possible I want to know what happens if all the tokens in the validation wallet are burned

What does owning like 30 VIDT make me? A homeless beggar? Peasant?

I am not sure if you are ironic or brainlet.
It does not matter how many time you remove 20% (0.8 x something) it will never reach 0(.0000)

>fully diluted mcap is 120 Mill

That’s not the one that matters dumbass

Only VIDT will make it.

ITT samefag

SGM reporting - but might cash out at 20k sats.
Convince me other wise user

Enjoy your 3k beggar

>30 vidt
>3 0
holy shit, that was $15 at fucking ath
are you nine years old or a third world shitskin?

He is giving it all he has cap'n