/biz/ - Business & Finance

>>16709308
>Wow, someone REALLY want us buying VIDT...This orchestrated shilling samefagging isn't a redflag. Totally normal.
Bagholders been calling "unironically bottom" since June. Get fucked.

>>16655002
Attn: Bagholders:
>Here's one of the Acronis wallets: https://etherscan.io/address/0x00472c1e4275230354dbe5007a5976053f12610a
BTFO. Token not needed.

Validating 50,000 documents a month, like AmSpec is doing, means it costs nearly one million dollars a year with V-ID to validate hashes on the blockchain versus $99 a year with Acronis (or less than $1000 if you use a server). And you only need one copy of Acronis per office: https://notary.acronis.com/ Acronis Notary costs $99 for the whole year and comes with a cloud backup solution, HDD image creation, and all the validations are free. That's right. Free. Because 99% of people who buy the cloud backup solution are not using notary services in the first place and they're subsidizing the transactions of those who do need the service.

And bagholders say VIDT is not overpriced...

>>16568603
Buy the dip.

>>16307798
Very interesting. Thank you for your reply. If this is actually the VIDT team, then Bravo. I think the /biz/ community actually greatly appreciates the current tokenomics and small supply, as both of these contribute to VIDT’s “moon” potential.

My next question is: What client negotiation efforts/ strategies are currently being pursued? For example, I always thought VIDT could find a niche in the validation of medical documents. The United States makes a huge deal about patient privacy with respect to healthcare documents, and we have record levels of opioid drug abuse due to various forms of prescription fraud and such. Has VIDT considered this and other possible directions for future clients?

Hello bagholders. Validating 50,000 documents a month, like AmSpec is doing, means it costs nearly one million dollars a year with V-ID to validate hashes on the blockchain versus $99 a year with Acronis (or less than $1000 if you use a server). And you only need one copy of Acronis per office, so shut the fuck up.

VIDT is a scam. Token not needed. They created VIDT for the sole purpose of raising money. Service idea came first and then VIDT got shoehorned into it. They needed a utility coin for an ICO, as otherwise it would have been a useless security token and have no chance of being listed on exchanges or being legal. They knew no one would want to invest in a "1 VIDT = 1 Validation" scheme because that would make it a stable coin and have no speculative value. Which also means that VIDT price doesn't matter to V-ID at this point, they already got their million dollars. Unless they want to dump. All buybacks are scams to raise the price, so you give them your lunch money and create liquidity to dump into when the time comes.

The V-ID team even admits right on their website that the token is an illegal security, that they created the coin for its speculative value, and that the tokenomics were "praised" by pajeet moonboys. Even they know it could have been a stable coin. Then the founder lies in the face of bagholders on Telegram and says it's a utility token and two unknown lawyers have confirmed it as such.

All validations with V-ID aren't automatic, but instead done by the staff manually and self-validation is still in progress. This means if something happens to the team, like being ran over a Subway food truck or asbestos poisoning, not only are you VIDT tokens become more worthless than they already are but none of the companies will be able to validate any longer.

Acronis has dozens of offices around the world and thousands of employees. Not even an earthquake or a hurricane or the bird flu could stop your validations. Buy now.

And because I enjoy getting bagholders BTFO, let's take a trip down memory lane and look at my oldest pasta about V-ID:
>All verifications are free on all subscription plans. One hundred validations are free for clients even on the $55 option. One validation is worth less than 55 cents, once you factor in profit margin and everything else the subscription offers to clients. Keep in mind, one validation costs at least 5 tokens. When you do the math, it's around 11 cents.
Turned out this wasn't the case, after the founder clarified the information on the website and promptly changed the wording on their page. Turns out only the first 100 files were free. But if you use Acronis, it's $99 a year ($8.25 a month) and all validations/verifications ARE free. The minute my initial pasta/argument from nearly six months ago was "debunked", V-ID sealed its fate as overpriced garbage. What's the price of VIDT right now?

Validating your whole god damn hard drive with Acronis Notary takes less than 70 minutes. V-ID validations take over a day (sometimes there are days with no validations at all) and bagholders watch over Etherscan like a hawk to calculate the number of validations.

Here's a quote from the Acronis Notary user manual:
>The notarization process can take up to 70 minutes. To reduce the cost of each notarization, the notary service collects hashes throughout an hour, then builds a hash tree based on these hashes and sends the hash tree root to the blockchain database. After that, the notary service waits for the transaction to become confirmed in the blockchain database, and then changes the statuses of the files to Notarized.
$99 for a yearly subscription, as opposed to $600 a year. No nickel and diming like with V-ID, charging you over $2 per file. Imagine how much it would cost to validate a 100 files with V-ID, as opposed to using Acronis.

VIDT is a scam. Token not needed. They created VIDT for the sole purpose of raising money. Service idea came first and then VIDT got shoehorned into it. They needed a utility coin for an ICO, as otherwise it would have been a useless security token and have no chance of being listed on exchanges or being legal. They knew no one would want to invest in a "1 VIDT = 1 Validation" scheme because that would make it a stable coin and have no speculative value. Which also means that VIDT price doesn't matter to V-ID at this point, they already got their million dollars. Unless they want to dump. All buybacks are scams to raise the price, so you give them your lunch money and create liquidity to dump into when the time comes.

Validating your whole god damn hard drive with Acronis Notary takes less than 70 minutes. V-ID validations take over a day (sometimes there are days with no validations at all) and bagholders watch over Etherscan like a hawk to calculate the number of validations.

Here's a quote from the Acronis Notary user manual:
>The notarization process can take up to 70 minutes. To reduce the cost of each notarization, the notary service collects hashes throughout an hour, then builds a hash tree based on these hashes and sends the hash tree root to the blockchain database. After that, the notary service waits for the transaction to become confirmed in the blockchain database, and then changes the statuses of the files to Notarized.
$99 for a yearly subscription, as opposed to $600 a year. No nickel and diming like with V-ID, charging you over $2 per file. Imagine how much it would cost to validate a 100 files with V-ID, as opposed to using Acronis.

Validating a file on a blockchain costs no more than 1 VIDT (less than 10 cents), but the team is supposedly charging 10-16 VIDT for clients for essentially doing fuckall but providing an interface to interact with a blockchain. That's 10X profit per file. If you had a company, ready to validate 100,000 files a month, would you want to pay $10,000 or $165,000? All you have to do is a five minute research to save over $100,000 a year.

It's unironically over.

VIDT is a scam. Token not needed. They created VIDT for the sole purpose of raising money. Service idea came first and then VIDT got shoehorned into it. They needed a utility coin for an ICO, as otherwise it would have been a useless security token and have no chance of being listed on exchanges or being legal. They knew no one would want to invest in a "1 VIDT = 1 Validation" scheme because that would make it a stable coin and have no speculative value. Which also means that VIDT price doesn't matter to V-ID at this point, they already got their million dollars. Unless they want to dump. All buybacks are scams to raise the price, so you give them your lunch money and create liquidity to dump into when the time comes.

Acronis is a billion dollar company.
V-ID generates less than one million a year in revenue (which is not profit).
Acronis has more than 18 offices worldwide.
V-ID is ran out of a small shared office next to Subway sandwiches. They pay no rent, because of the daddy WIDIDI (their parent company)
Acronis has over millions of customers.
V-ID has 32 customers.
Acronis has a Wikipedia page: https://en.wikipedia.org/wiki/Acronis
V-ID doesn't even come up as a business on the sidebar of Google search.

Who do you think companies will want to trust more? Healthcare sector? The government?

Validating your whole god damn hard drive with Acronis Notary takes less than 70 minutes. V-ID validations take over a day (sometimes there are days with no validations at all) and bagholders watch over Etherscan like a hawk to calculate the number of validations.

Here's a quote from the Acronis Notary user manual:
>The notarization process can take up to 70 minutes. To reduce the cost of each notarization, the notary service collects hashes throughout an hour, then builds a hash tree based on these hashes and sends the hash tree root to the blockchain database. After that, the notary service waits for the transaction to become confirmed in the blockchain database, and then changes the statuses of the files to Notarized.
$99 for a yearly subscription, as opposed to $600 a year. No nickel and diming like with V-ID, charging you over $2 per file. Imagine how much it would cost to validate a 100 files with V-ID, as opposed to using Acronis.

Validating a file on a blockchain costs no more than 1 VIDT (less than 10 cents), but the V-ID team is supposedly charging 10-16 VIDT for clients for essentially doing fuckall but providing an interface to interact with a blockchain. That's 10X profit per file. If you had a company, ready to validate 100,000 files a month, would you want to pay $10,000 or $165,000? All you have to do is a five minute research to save over $100,000 a year.

Validating your whole god damn hard drive with Acronis Notary takes less than 70 minutes. V-ID validations take over a day (sometimes there are days with no validations at all) and bagholders watch over Etherscan like a hawk to calculate the number of validations.

Here's a quote from the Acronis Notary user manual:
>The notarization process can take up to 70 minutes. To reduce the cost of each notarization, the notary service collects hashes throughout an hour, then builds a hash tree based on these hashes and sends the hash tree root to the blockchain database. After that, the notary service waits for the transaction to become confirmed in the blockchain database, and then changes the statuses of the files to Notarized.
$99 for a yearly subscription, as opposed to $600 a year. No nickel and diming like with V-ID, charging you over $2 per file. Imagine how much it would cost to validate a 100 files with V-ID, as opposed to using Acronis.

>>16253507
“The Classic”

V-ID has the market share with 32 clients, some only doing a dozen validations a month. BUY UP!

>>16239463
I don't understand why you bagholders make up bullshit, if you actually believe in the project. The volume is fake, the customers could potentially not be paying full-price, Americans shouldn't be able buy it because it's an illegal security, Acronis does hold the patent for the technology on US soil, token is not needed, but no one said devs will be arrested. V-ID works out of a shared office space with WIDIDI and pay zero rent, so their operation costs are low, but if they had to pay would make a lot less profit.

>>16220416
MY VIDTIES STAY SUUUPER SKIDDY

>>16214717
>>16214758
Pure whataboutism cope. I don't hold Chainlink nor XRP. VIDT will convert to VIDS in a few months and take out all speculative value. Not to mention team and whale wallets unlocking.

>>16199583
>the biggest buy indicator for this coin is that you people haven't moved onto another shitcoin.
Yes, I too make my investment decisions based on the opinion of a handful of people who visit an anime forum.

>>16195030
I’m a white, good-looking, successful, tall, heterosexual male with an IQ of 142, and I own a stack of 40K VIDT that I bought pre-KYC on IDEX. You mad, Ranjeet?

>>16194996

OFFICIAL CRYPTOCURRENCY OF SUBWAY AND CHUCK E. CHEESE.

>>16142194
I can’t wait to make shit tons of “told you so” threads once VIDT moons to double digit USD prices. I will literally drive to the nearest Chuck E. Cheese and take selfies with Chuck while holding up a VIDT logo and a pair of tighty whities with a chocolate skid mark on them.