/biz/ - Business & Finance

>>17139937
Three known scams are working together what a surprise

im going to sleep on this

>>17139973
Scams pump harder, you would know that if you were here for any decent period of time.

If Vidt was a scam it would have pumped way harder, as they would have used fake hype.. then everyone would lose their money suddenly.
It's already growing organically and in trend reversal. It's alright tho, biz will be fomoing in when it's too late as usual, making gains even better.

>>17140160
Scam

VIDT still uses fake volume on kucoin.

"Important news about VIDS

As you know we have had a lot of legal talks around our option to exchange VIDT for VIDS, which would represent possession of shares in the company.

Unfortunately, at this point there is no way for us to reconcile our investors interest with the legal possibilities presented to us.

We will continue to look for other ways to share V-ID’s business success with our investors, but the VIDS plan is shelved for now."

Hahahahahahahahahahahahahahahahahahahaha

>>17141582
>VIDT is an illegal security token
>VIDT to VIDS conversion would mean revealing revenue and other financials
>V-ID doesn't make enough money and thus price of VIDT would plummet (and devs cannot dump)
>Whale only kept his tokens locked up in a smart contract because he was promised shares in the company (hold a lot, own a larger percentage)
Who would have thought?

>If VIDT will convert to VIDS, which represent shares in the company and the total supply is 62,391,039 VIDT, then one VIDT is realistically worth 2 cents today. 5 cents if we only use the circulating supply (30,800,318). Of course that's with the 3X multiple. At 2X annual revenue (and only looking at circulating supply), one VIDT is worth one penny. And currently, it's even worth less.
>And that's with a 100% conversation rate (if you hold all the VIDT, you could in theory own 100% of the company). Obviously it will be 10% to 30% conversation at the most, as why the fuck would V-ID want to lose more than 30% of their own company, so you can take that shiny penny of yours and divide it by 10 to get the true value of one VIDT.

Another scam SAFEX style, stay away

>>17141690
>>17141723

MEANWHILE

i just sold all my shit after this miniscule pump. good riddance

>>17141804
Zoom out you dumb nigger
You never gonna make it

>>17141804
Get ready for the whale to dump every single week. There is no reason to hold VIDT anymore. Vopak will also not utilize V-ID.

I said on December 21st that you have 45 days to sell before you will get anally annihilated: >>/biz/thread/S16627530

I was only four days off. I guess I got BTFO.

>>17141854

The lower the price, the more tokens get burned each month! Win/Win tokenomics.

Holding VIDT is a bet that they will add clients this year and next. Nothing is certain in crypto except for select top 50 projects. I have a low enough % of my net worth in this one that I can take the hit if it dies. But if it flies, I will be consuming the finest cheese plates.

>>17141876
We've only gone up since then.. nothing's happened yet.

>>17141891
based and cheesepilled

This bears repeating: The very fact that they advertised the VIDT to VIDS conversion on their website makes this a SCAM.

>>17141905
>>17141891
You were warned. (Anons reading this thread, not you with your low %)

What do I do :(
I'm in too deep

>>17142641
1. Never buy at the top
2. This thing has been relentlessly fudded on biz. What does that mean to you?

>>17141969
You're desperate. Sorry, your obsessive quest is just about over. You can either buy a bag and enjoy the ride or be "that guy" and enjoy the ridicule when this takes off again.