/biz/ - Business & Finance

Anyone unironcally still believe kn vechain?

https://medium.com/@mitchellnz/an-unbiased-review-vechain-d24e4d69b9c0
If you derive the value of VeChain from their partnerships, team and market momentum; you are likely to assume an embellished market value.


However, if you critically analyze the merit and return of the token itself, then you will discover the fair value.
This is not a decentralized cryptocurrency. This is a coin which goes against the philosophy that cryptocurrencies and blockchain has attempted to build.
Centralized THOR supply.
Company ownership of the blockchain.
Constant shilling and pumping of the coin by founders.
Tier based systems to reward large investors causing low distribution of assets.
VeChain as a company may be a great investment, but the token seems to have been created as an excuse to raise an extravagant amount of money and use that to build an empire.
I have no doubt the company will continue to operate and make good use of its partnerships with PwC and DNV GL. However, I do doubt the ability for this to materialize into value for the average investor.

I'm responsible for at least 70% of reddit VEN FUD over the last 6 months. farmdatkiwi, talesfromdabasement, poointhelu, throwaway515, FoxyIT... all my accounts.

Ironically, I am an anti-FUDer on 4chan. See, I don't actually hate VeChain. What I hate is smug naive reddit fags. I hold quite a large bag of VEN. You might say what I'm doing is moronic, but some shitposter isn't going to influence the market, certainly not long term. My posts have become much more vitriolic as of late, because I am upset with price action, not having liquidated my entire stack.

FoxyIT was purchased from someone else on a forum. The kid apparently posted pics of himself several years ago, and now butthurt VEN holders are doxxing him. Sad. Currently banned from r/vechain and r/cryptocurrency, but I'll be back under a new name soon enough. 40 dollars is a small price to pay for max keks

Looking to short the price as much as possible 6-12 months out from now, how can i do this.

Just watched the china hustle a few weeks ago. Had a friend overseas do some digging. Its bad ,real bad.. have SAIC filings that ill post if need be

Friend requested The T14LRC report in singapore and he panic called me when he saw the results.

L

https://medium.com/@mitchellnz/an-unbiased-review-vechain-d24e4d69b9c0

>no whitepaper
>$500 3d printer for production
>working product, really jyst a sql db
>outright lies or conflatrs who they are working with
>developed a node model for no technical reasons, only to create false scarcity
>empty github

This is one of 3 projects we will look back on and winder how our generation was so glib to the red flags.
Gotta hand it to sunny lu, he will be taught along side sun tzu on how to decieve the round eyes

OVERVALUED.

VeChain fan here well atleast I was until I read this article, https://medium.com/@mitchellnz/an-unbiased-review-vechain-d24e4d69b9c0

this is coming from an unbiased guy.


I guess I'm a #waltymissle now.

idk man,They say they have a 40 man team but they don't even have a wallet out? come on man, This shit sounds scammy.
the more research i do on this coin ,the more shady shit i find. seriously the shill campaign two weeks was really strong , a ven thread every hour mindlessly shilling it claiming it's gonna 10x after "news" thats gonna happen also spread bunch of fake news about sunny announcing some life changing event in sillicon valey.

The big walls make me think the ven holders realized this project has no future so they setup their sell orders and big walls and started the shill campaign so we buy their bags

Fool me once, shame on you. (TRX)
Feel me twice, shame on me (VEN).

No whitepaper, no scalability, timed news hype release PERFECTLY coinciding with the normies and dumb money flowing in, API is now widely known to be centralized, masternodes promotes holding your VEN OUTSIDE of exchanges for minor rewards (dangerous fucking play to hold a masternode you can't quickly liquidate), manipulation of VEN by whales since sub $0.35, the list could go on. VEN is some grade A covert attempt to separate the dumb from their money.

Just look at how emotionally fueled the moon boys in this community are. 1-30% swings and everyone chants BUY THE DIP, MOON SOON, or WEAK HANDS SELLING.

Stay the fuck away from this scam.

Fool me once, shame on you. (TRX)
Feel me twice, shame on me (VEN).

No whitepaper, no scalability, timed news hype release PERFECTLY coinciding with the normies and dumb money flowing in, API is now widely known to be centralized, masternodes promotes holding your VEN OUTSIDE of exchanges for minor rewards (dangerous fucking play to hold a masternode you can't quickly liquidate), manipulation of VEN by whales since sub $0.35, the list could go on. VEN is some grade A covert attempt to separate the dumb from their money.

Just look at how emotionally fueled the moon boys in this community are. 1-30% swings and everyone chants BUY THE DIP, MOON SOON, or WEAK HANDS SELLING.

Stay the fuck away from this scam.