/biz/ - Business & Finance

575k in clauses! VTHO burning!

>>15498335

> The phrase "invest what you can afford to lose" does not mean be ok with losses. I'm in this to make a return on my investment, not financially prop up a company. I've been doing dca and the like for 2 years, and I'm deep in the red by a magnitude of thousands of dollars. I'm not saying I expected to be a millionaire by now, but that doesn't negate my disappointment that we're not even able to touch a penny and show any signs of life. I'm giving this to the end of 2019, if I don't see any future gains on the horizon I'm out.

> Are we reaching when we say VeChain can be $1.50 or higher in the future? Amazon went from $6 to $1900 today which is around 32,000% increase. If VeChain went up 32,000% we'd be around $1.75. is VeChain going to experience the same success as Amazon? We don't know but I'm trying to get realistic on it.

https://www.reddit.com/r/Vechain/comments/cjqtvk/daily_vechain_discussion_july_30_2019/evgcdvs/

ok because we hit the same question everyday let me explain why "i think" we are falling more than others.

beause vechain is one of the most active group in cryptospace. --> also the most people who want to swingtrade vet-btc-vet to accomplish more vet in the end. bitcoin is bearish so they swing vet to btc to buy back in lower. i suck at trading so i dont take the risk but many people do. i also think when the market turns bullish vechain will rise more than other cryptos.

Remember that the fundamentals haven’t changed. VeChain’s value comes via the staggeringly high volume of transactions

VTHO is free for VET holders after all, and businesses will always need it. VET holders are also likely to buy more VET with their VTHO, creating constant positive pressure on VET’s price and in turn, growing the rate at which holders can produce VTHO, creating a positive feedback loop.

>>10631615

> I was just looking at the last cck post and noticed it pictures ships sailing through some rough seas. Was he/she forecasting the current rough seas Vechain and cryptos are currently in?

>>10599722

Meanwhile on..... XD

> 17 000 000 children born in China last year.
> 31 536 000 seconds in a year.
> Assuming one vaccine, per child,
> That's at least 0.53 transactions per second on main net.

https://www.reddit.com/r/Vechain/comments/95b1zr/daily_vechain_discussion_august_07_2018/e3t2bd2/

>>10540713

VeChain cult logic

> Chinese are scammers and scam Chinese kids with bad vaccines
> Trust Chinese crypto Company with your investments to provide solution
> Government has banned valuable Chinese crypto which only non-Chinese get to own
> Chinese crypto Company owns 80% of supply and gets 200% bonus on rewards
> Chinese government will buy valuable Chinese crypto from non-Chinese

>>10407067

They may have an office in silicon valley because a thousand dumb mother fuckers donated them money fooled by the Chinese Thunder god and plastic hammer show.

They were around since 2015 without any revenues or clients putting on a dog and pony show. They fooled no enterprises. 2017 you dumb moon boys came along and it was easy money.

If they succeed they own 80% of the tokens from which they will get 200% bonus VeChink gas for their authority and other super nodes. Do you think there is any way you will profit from them other than from a BTC bull run that takes all cryptos on parabolic rises?

State of VeChain:

> Circle jerk and convince yourself you've not been chinked
> Tell yourself there is organized FUD and whales bringing prices down to buy lower
> Tin foil hat theory that X Node holders are dumping to buy in cheaper
> Tin foil hat theory that LBank is holding swapped VEN and dumping in Binance
> Circle jerk that massive usage, transactions and billion dollar enterprises are coming after wallet swap is finished
> Sit around trying to decipher Coca Cola Kid gibberish marketing spam

> Circle jerk and convince yourselves you've not been chinked
> Tell yourself there is organized FUD and whales bringing prices down to buy lower
> Tin foil hat theory that X Node holders are dumping to buy in cheaper
> Tin foil hat theory that LBank is holding swapped VEN and dumping in Binance
> Circle jerk that massive usage, transactions and billion dollar enterprises are coming after wallet swap is finished
> Sit around trying to decipher Coca Cola Kid gibberish marketing spam