What went wrong?
What went wrong?
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twitter.com
You didn't buy early enough
>jim breyer not mentioning it
>circle not mentioning it
>chink gov not mentioning it
Yeah this project is dead.
/thread
I definitely need to add that phrase in my filters. Waste of space.
Like the other guy said, you bought too late. I'm balls deep on VEN, 80% up. I wouldn't be surprised if VEN hit 4bn+ market cap this year, but definitely not "the moon mission" to enter at the current marketcap.
>I wouldn't be surprised if VEN hit 4bn+ market cap this year, but definitely not "the moon mission" to enter at the current marketcap.
Nah - VEN has another full moon in it. To have an actual value of 4bil with a standard tech company 40:1 PE ratio, it only needs to make 100 million a year in network transaction fees. Add in speculation and the fact that VeChain is obviously going to do much more business than that and it will easily approach the current market cap of ETH.
nothing went wrong ur mom gay
except vechain tokens are not shares of vechain tech company, jim breyer and dnvgl bought actual shares of the company, not tokens
Shares in the company won't get you a cut of network transaction fees. Nobody is basing VeChain token valuations on the landing fees and solution production fees of the company making the DApps.
>jim breyer and dnvgl bought actual shares of the company, not tokens
Plain wrong, as you know. It's a silly meme and not worth a response.
Sounds to me its in the best interests of Jim Breyer and DNV GL to make the company a booming success then
Haha fcking brainlet. They always think of something to say, but it never is true anyway.
This. Vechain holders are too stupid to realize they are donating money to a private business. If Vechain (the company) ever takes off, they won't be giving a bunch of stupid neets the opportunity to make any money off it.
VEN is nothing compared to AMBROSUS
how exactly this is wrong? this is fucking public info, do I really have to google it for you?
Lol sure thing user
yes, it's in their best interest so that the bulk of costs associated with joining the ecosystem will go to the vechain and company and them, and as little as possible to token holders
they have started to resort to "lol nice lie" because they are deep in the red after fomoing in at $8-$10.
Yes you do. Please google me the proof that DNVL didn't announce they were holding at least 250,000 tokens just yesterday. Please also google me the proof that Breyer's initial Quora post on VeChain came with the disclaimer that he didn't currently hold any tokens and then this disclaimer was removed a couple of weeks later. This is just the weakest, feeblest FUD possible. Why would you want to invest only in the part of the business that deals with app creation and then walk away from the years worth of ongoing fees paid by companies with double digit billions in revenues? The answer is obviously that you wouldn't as long as you aren't a complete brainlet. Next you'll be claiming the VeChain team have no interest in the network being hugely profitable despite them owning millions of locked-up tokens.
What you say is all false. DNV will never be a node holder of this scam
actually DNV GL holds both, the 250k trundheim node, and a stake of VeChain Tech, which is an for-profit organization building blockchain solutions as a service.
DNV GL has at least 250,000 VET (likely more) which they have purchased from the enterprise pool as they will be operating an authority masternode.
>DNV GL will also expand its blockchain capabilities thanks to extra privileges on the VeChainThor platform after becoming an Authority Masternode owner. This means DNV GL will be one of the 101 authority node holders
PwC had a similar announcement a few days ago.
pwchk.com
>PwC Hong Kong is now in discussions with VeChain to provide trust based services on the VeChain platform. This will require the use of VeChain Tokens to access and perform transactions on the platform
Jim Breyer removed the disclaimer of 'I own no VET/VEN tokens' from his Quora article months ago, and he is almost certainly going to be one of the 101 authority nodes.
fake Chinese links. show me some real proof. Pictures of DNV or PWC with their nodes
> that DNVL didn't announce they were holding at least 250,000 tokens
lmao, this is essentially something that you consider a non cost for company of that size, they only bought them so they can run the authority node, they probably got it for free from vechain company too because it would be too much effort to create a bank transaction for an amount that small
>Why would you want to invest only in the part of the business that deals with app creation
because that's where the real money will be made
>and then walk away from the years worth of ongoing fees paid by companies with double digit billions in revenues
use your brain, they will make it so that joining the ecosystem will be a large upfront cost for the RFIDs and dapps, they will overcharge for it heavily, and then using the ecosystem will be almost free, only a transaction cost for spam avoidance
you cannot refute this, why would jim breyer want to hold tokens and get only a small part of ecosystem profits (because he would have to share a lot of it with neets holding the tokens) instead of transfering all that money into the company he has real shares in? it's in his and other shareholders' best interest to make thor as cheap as possible and stream all the money into the company
everyone with a brain knows that VeChain is not a scam. but that doesn´t mean it will ever be a good investment
KEKKKKKKKKKK what is the source of this vid
>DNV bought no tokens
>they only bought them so they can run the authority node,
> they probably got it for free
You are literally throwing everything at the wall in the hope something sticks aren't you?
nice attempt, a low IQ user might fall for it, but it's pretty clear what I meant if you know anything about vechain
they got the tokens to run the node, not as investment, why would they want a node if they don't want to invest into tokens? because companies that will enter the ecosystem need assurance that the network is stable so they will feel safe paying the vechain company to enter, big reputable names running the nodes are perfect for this task, and since they got shares in the company they don't have anything against doing so
kind of funny how you omitted the most important argument too, a clear conflict of interest between shareholders (breyer, dnv) and token holders is established by now
the difference is though that shareholders have legal power to pressure vechain company into doing as they say
> Nice attempt bro! When I contradicted myself multiple times in the space of a few sentences it was totally clear I wasn't being a moron. Anyone who thinks that makes me stupid is just dumb!
Of course tx cost on vechain is gonna be cheap. Thats the whole point of this project you fucking mongoloid. And thats exactly why enterprises are going to use the platform, because its cheap. Vet value will come from volume of thor consumption, which will be massive once the platform is adopted by enterprises.
notice how these ven retards keep writing dnv gl "have" 250k tokens and not "bought" 250k tokens
that absolute fucking state lmao corporations are getting for free what you're spending your life savings on, to dump on you, and you're defending the leader
congrats
You absolute mongloid, those corporations are gonna bring clients and help advance and improve the technology. Are you saying its a bad thing a multi billion company is in on the project in exchange for measly 250k tokens? Absolute and complete brainlet.
vechain made a public consortium blockchain and used you and people like you for their seed funding, and will leave you holding the bags
congrats
the token is literally useless
while I agree with your premise, to suggest it will approach the marketcap of eth is insane. 35x from here?
I hope youre right, but I see vechain as top 10 eoy, top 5 sometime in 2019, but it will never surpass eth.
>be an enterprise blockchain
>make it permissioned but public
>only allow enterprises to be consensus nodes at no cost to them. set arbitrary maximum of 101 consensus nodes which will likely increase in future
>every enterprise partnered at the moment will be a node because vechain doesn't have 101+ partners
>this means every enterprise has been gifted 250k vet and will never have to buy vet or thor again
>ordinary users can't build upon vechain and it is not meant for ordinary user use
>no need for ordinary users to have THOR. therefore no need for them to have VET
how haven't vencucks realised?
i sold everything at $9 and glad I did
The token is literally core of the project. Go buy chainlink and make 1000$ eoy threads
He never said it would surpass ETH, just reach ETH's current market cap eventually. At that point ETH's market cap might be around 200MM+
>ordinary users can't build upon vechain and it is not meant for ordinary user use
Lol it's a public blockchain m8, anybody can build dApps on it
jesus you guys don't even know what you're investing in lol
no, not anyone can build dapps on it.
What? Sunny said that anyone can build on it, but that only certain developers/projects would get their official approval and support.
Quads speak the truth.