/biz/ - Business & Finance

Will staking VET for THOR even be worth it? Hold enough for a strength node but am beginning to doubt the passive income allure of the coin. If only 500mil of VEN/VET is being staked for THOR, over 210,000 THOR would be created DAILY. This is an insane amount of inflation and even with the huge deals vechain is pulling I find it hard to believe thor could be priced anywhere over a dollar or two.

Hope I'm wrong and there's some element I'm missing (such as enough thor being used and burnt to even out inflation) but idk. Obviously it doesn't matter too much as the price of VET skyrocketing is whats gonna make us all rich but in the long run maybe this isn't the best coin to hold just for the passive income.

Thoughts on the legitimacy of these connections?

https://www.reddit.com/r/Vechain/comments/7pzt47/jim_breyer_investing_in_vechain_is_an_absolutely/dslb1bc/

We're gonna be rich if even half of this turns true.

VeChain is just another Pump and Dump.

Just wait. It's going to CRASH like never before in a few hours.

RIP VEN!

buy WTC

VeChain is a scamcoin created with no real-use cases. It's nothing but an abhorrent scheme cooked up by the Chinese to increase their wealth and siphon off money away from Bitcoin and Ethereum. This is an absolute NO BUY and I encourage everyone to dump it if they have it.

In fact, it is TANKING like never before right now after its fake bull run is being exposed for what it is - A FRAUD! The entire team (Which just so happens to be ALL CHINESE!) is funded by the commies in their state department with no plans other than to collude against REAL cryptos. DON'T BUY!

VeChain ain't goin' nowhere.

SHITCOIN! Don't buy!

SELL SELL SELL