/biz/ - Business & Finance

>>10670013

I wouldn't give a shit about these partnerships because hoarding VET to produce Thor is a meme, the gains are marginal from selling Thor if you ever be able to because these companies got free VET from Sunny Lu and will generate their own Thor.

That's said, it's still nice pump opportunity because Oceanex will be launched on Vechainthor and the're raising ICO with Vechain plus some other ICO are coming, the price will rise just because it will be an ICO pump fiesta like with Ethereum.

Knowing Vechain they might also think of something else, maybe it will serve also as a payment currency in the future in China, I'm damn buying Opp definitely.

>>10670051
>hoarding VET to produce Thor is a meme
This may not be entirely true.
If all of these partners are to utilize the public ledger for the majority of their products at some point, they will need more Thor. This means they will have to acquire more VET, either through the foundation's finite supply or through an exchange (ideally Oceanex). OR they will have to acquire more Thor than they can generate, increasing Thor's value.

I was at my local library the other day, and I saw Sunny Lu. I went up and said hi to him, with my book in hand, and what he said was startling. "WHY YOU READ THERMODYNAMICS BOOK, ROUND EYES? YOU MUST STUDY BLOCKCHAIN TO CONTRIBUTE TO VERESEARCH. WE GLOBAL BLOCKCHAIN RESEARCH TEAM." At this point I'm just thinking, what the fuck, so I try to play it cool and say, "Blockchain's pretty cool, but engineering is my passion." At this point I could tell he was not happy. He looked straight into my eyes, and immediately did a fierce karate kick into my genitals. So I'm sitting on the floor, rolling around in pain, and the dude starts removing books from the library shelves. He literally rips the barcodes off each one, and starts throwing them at me, repeating for each one: "NOT SECURED BY A GLOBAL LEDGER. NOT SECURED BY A GLOBAL LEDGER." I finally start to get up to run away, and he spits in my face and walks away laughing at the top of his lungs.

>>10670246
it's amazing to me that you guys are still talking about this project as though its going to live up to all it's promises.

>>10670013
thx, just bought 227k

>>10670013
Sorry guys but this project is dead right now... it just sinks like a brick...

>>10670013

The VeChain Blockchain was launched in November 2016. If you read the articles back from 2016 Sunny talks about it like it was groundbreaking and talks about all the clients that already signed up.

ICO collected free money in 2017 so that the "public" chain could again be launched in 2018.

Nobody had any interest or was using it in 2016 and nobody is using it in 2018. Free money from suckers

>>10671350
There aren't a lot of promises thought. Smart contracts platform is now live, NFC scanning app for the supply chain management has been out for a while.
>>10671395
>it just sinks like a brick
as is everything else. 140 sat damn Buying Opp
>>10671427
In 2016 VeChain was part of BitSE, which also founded Qtum. While it was first launched then, the supply chain management platform was deep in development.
It was also a time where the idea of using blockchain for real-world solutions didn't exist.

>>10671736
what do you mean? this project is nothing but promises.
>enterprise blockchain
>trillions of transaction
>many multi-billion dollar companies using the network
>partnered with chinese gov. to build smart cities
etc. This shit has been hyped up for almost a year now about how big it's going to be. Now we're at the point where everyone was saying, "just wait until...", and guess what? fucking nothing!

>>10671877
>enterprise blockchain
it is.
>trillions of transactions
they never said this. it was only assumed by holders at the time who were eluded by the rally & weekly partnership announcements
>many multi-billion dollar companies using the network
Most partners do in fact have billion dollar revenues. They're not using the network yet.
>partnered with chinese govt to build smart cities
they never said this. they are blockchain partners with the government of Gui'an.

The majority of stuff was never said by Vechain themselves.

They said mainnet in summer and it's here. The rest was assumptions and exaggerations made by the community. It really is just a PoA smart contracts platform & supply chain management.

>>10672198
Mind is belown

>>10672783
If this dumped on its own it would sure look like there’s something shady going on but it pumped the same time as all the alts and it dumped by about the same amount during this bear market. There’s nothing unusual going on, it’s just another altcoin.

>>10670013
i'll be dead before i buy some vecrap.

Do I get anything if I put like 70k tokens in my vchain wallet?

>>10672828
You’ve no idea how much of a brainwashed coping moron you sound like right now

>>10670013
Herro
Plrss ry my roin

>>10672198
>The majority of stuff was never said by Vechain themselves.
No shit Sherlock. They’re not dumb enough to blatantly make bold claims to extract donations from Redditors. They just say things to imply something big will happen in the future. Other anons are right. It’s the China hustle mentality, and the westerners on Reddit are stupid enough to buy. They’ve no idea how cutthroat businesses are in China, and how far the Chinese are willing to push the boundary between exaggeration and outright scam.

>>10672958
Are you kidding man, I dumped this months ago. FUD’s just weird that’s all. I’m as suspicious of it as I am with the dozen ChainLink shill threads. Whatever groups try to manipulate /biz/ do it with no subtelty but half the people here are retarded so I bet it works

Its crazy to watch your portfolio sink like the titanic everyday and still not do a single thing about it. I was @ half a million dollars ath and i am around 50k today, someone plz fucking kill me

>>10670013
>VeChain
I just checked out their coinmarketcap and it is went down a cliff today. This after reading about all the delusional vechain posts for over a week. lol. Im gonna check out their reddit now

>>10673112
My b. It’s not that suspicious. VeChain was one of the last “promising” coin to launch a mainnet, so there’s nothing to look forward to at this time except this and Chainlink, both of which are shit. You should also stop thinking anything posted here will affect the market. BTC and algo bots do

>>10673153
A fool and his money are soon parted

>>10673274
I was just getting started last summer and didnt know shit about Crypto. fucking kill me already

>>10673282
At least you’ve learned something

>>10673112
So did I. Bought back at <$0.01
>>10673282
Way to restart this summer by buying some VET then.

>>10672198
Tell your supervisors that this shit ain't working and that they should answer themselves

Buy only a strengh node, if youre not planning to be filthy rich then a stengh node should be well enough to retire, if you want to invest more then grab other solid projects too like Monero, Nano, WTC, 0x and such they also are working hard and its always good to diversify.

>>10673446
Supervisor here, AMA

nigga this going to double digits end of week

>>10674140
Double digits has got no support
This will be a free fall to single digits

KEK

2018 is not over yet.
We must believe in Mr Sunny. There's still time to below our mind.

>>10670013
i bought verge and i lost all my money

Remember remember the first of September

>>10675283
This place is for you:
https://www.reddit.com/r/Vechain/comments/96z9cz/discussion_vechain_taking_over_ethereum/

>paid shill once again shitposts about vechain

I wish I could get that job desu

>>10676084
It really would be amazing getting paid to speak the truth.

Bizonacci told me not to

>>10676853
It’s not uncommon to get paid in China to shill online.
The PRC themselves practice it

>>10676084
Imagine being so delusional that you think shitposting on 4chin affects price more than BTC movement or algo bots

Don't buy scamcoins. Buy memecoins. They are perpetual. DOGE ftw.

Pretty funny how they 100x the token supply to get it to pump but now it's going to send VET to almost nothing

Just bought in at 114 sats. The chart is so fucking attractive for very short term (1-2 days)

>>10677580
same

SUNNY I WNAT A REFUND
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE