/biz/ - Business & Finance

>0x57E6B79FC6b5A02Cb7bA9f1Bb24e4379Bdb9CAc5
this is the main wallet that is supposed to be buying on exchanges
>https://medium.com/@pim_vee/vidt-and-v-ids-tokenomics-9ae760f6c7df
It has never bought a single VIDT on an exchange. In fact, the only VIDT it has ever received is from the validation wallet.
>0xe7C54558a04F2f673Ce271B6C908839e9342a50a
The validation wallet, which of course was fed by the owner wallet
>https://etherscan.io/tx/0x1f4be0597363380d6173300cfae7d4a80d50461fdefef2eacac8f65bb27ea684
....who the whale sold his tokens too.
This team has never bought a single VIDT on an exchange ever. They've just been buying from the fucking "whale"

List of the so-called V-ID "clients":

Dutch Blockchain Coalition: V-ID part of some local blockchain group. Not a paying client.

ChainDocument: Made by someone who works at WIDIDI, the parent company at V-ID, or their friends. It's a widget that uses V-ID's tech. Zero internet presence. Business address is a storage unit. Not a paying client.

Douwes Fine Art: They supplied the Rembrandt sketch in exchange of mutually beneficial exposure. Not a paying client.

Wild Radar: Fake client created by V-ID, doesn't exist. Supposedly a "regional government fauna management platform" but website doesn't even exist nor has it since V-ID announced it as a customer back in 2018. Not a paying client.

Vitrum.Net: Partner with V-ID and Digital Mainport. They bring connections and usecases to V-ID. Not a paying client.

Maritime Cyber Alliance: V-ID is "member" of a group. Not a paying client. See below.

JWC Superyachts: The copyright info credits WIDIDI (V-ID parent company) and their website is 1:1 the same. They offer cyber security training and WIDIDI offers the online course. At the end of the course they give you a blockchain validated PDF. JWC is part of Maritime Cyber Alliance, which is how V-ID is a part of that one (but aren't, if you look it up - even JWC is "coming soon"). Airbus is also a part of Maritime Cyber Alliance. Makes you wonder.

Digital Mainport: Same as Vitrum. Not a paying client.

Werkgevers Drechtseden: V-ID is member of a group, along with Vitrum and Digital Mainport. Not a paying client.

NYENRODE Business Universite: Validating the certificates students receive after taking a blockchain course. In partnership with AXVECO. This amounts to maybe 1000 validations a year with most likely zero validations during summer.

Rest are fine. Only 11 out of 19 are legit paying clients. In other words, 40% of the clients are bullshit.

The project is overpriced and worthless. Customers cannot validate files in bulk, there is no software, and the team has to come to your place of business to validate or you have to upload all your sensitive files to the server of a small Dutch startup ran out of a shared office, next to a Subway sandwich shop. Pic related. To be a reseller of V-ID, you need to pay for tokens upfront, bought on exchanges, and hope to move it by roping in customers. Meaning the more tokens you need, the more you have to pay. Does that sound reasonable? Having to pay a company to sell their product? The tokens are worthless on their own. MLM pyramid scheme scam.

I repeat, there is no software. V-ID also delayed the release of the B2C app. You know why? Because there is no app. There is no software. If there was software already, all they'd have to do is build a browser wrapper app with an embedded payment processor. This app was under development since 2008. Now delayed until nearly 2021. That screams SCAM and VAPORWARE.

This isn’t even true, the buybacks feed in from exchanges.

>>17208579
post proof. they have never bought on an exchange with the wallet they claim to do so with.

1. No software
2. Fake clients
3. Dumping tokens

Why they're delaying the app? Financial reasons and not having enough resources (per official statement). They have no resources because there aren't enough clients to pay for further rapid development. No money, thus they have to dump. WIDIDI and V-ID are the same company and they are putting their developer's time towards WIDIDI (which brings in revenue) instead of V-ID (which is a loss). At this point we can conclude V-ID is a part time project. And soon abandonware.

>>17208631
Look at the transactions, it literally shows coins coming in from idex and other exchanges.

Damn it all makes sense now. they have no plans to make the apps just string all the buyers and holders along to milk them for as much as possible and exist scam eventually. game set match

>>17208563
>>17208662
>>17208528
holy shit are you the fantom schizo? goddamn this is bullish you're in both my holds. fuck yes!

>>17208757
RIP VIDT HAHAAHAHAHHAAHAHAHAH

>>17208729
wtf are you talking about? I'm talking about the team wallets, not biz fag wallets. have you even read anything that's been posted here?
>https://medium.com/@pim_vee/vidt-and-v-ids-tokenomics-9ae760f6c7df
start here. this explains the tokenomics of the project and outlines which wallet is responsible for what. come back and post me a single transaction that shows this team ever bought a single VIDT on an exchange....you can't, cause it never happened.

>>17208850
The biggest giveaway should have been the fact that the price always dumps after the team supposedly does a buyback and not pump. Look at the charts and the beginning of each month.

>>17208933
I don't understand why nobody ever checked before. does the team actually say they are doing buybacks, or was it just assumed by bagholders to have been happening? I never followed this project very closely.

and here you all faggots are calling Hex a scam while VIDT is dumping on you all and ceasing developments.

Buy a coin that mathematically can't dump because 90% of the tokens are fucking locked for 800 days on average:

swaphex.com

>>17209010
The team did say they're doing buybacks. I believed them. Figured they're using the $3,400,000 ICO funds they received. I know they didn't have the money to do buybacks otherwise. Think about it: As a startup your goal should be to reinvest your profit into the business so you can make more down the line, not to double the money of pajeets. But in this case the pajeets were them.

Now they're delaying their consumer app, which should have been a priority. In the white paper they said that once the consumer app is out, "marketing and development" will shift to "sales and support". Meaning that development will cease. But the development already ceased, or at least is on pause. Bagholders should be happy about learning this now than six months from now when they will pull the same thing they did with VIDT/VIDS conversion. "The industry has changed, our goals have shifted, etc."

Are they waiting for Acronis to take over? Or did they learn about Acronis... and realized it's not worth going after consumers because they cannot compete with them.

>>17209307
yeah, they've barely ever even had ETH in the main wallet. The definitely never did any buybacks, at least not on exchange. I'd bet that those transactions from the whale wallet were considered buybacks though, and they just wrote a check with the ICO money.

Thanks Biz, this thread really makes me realize you all are actually protecting me from becoming poor, instead of fudding for your own win. I just sold my stack of VIDT for Acronis shares.

>>17208352
Didnt read; not selling
LOL

Don't fall for this Dutch scam. I have been in college with one of the devs and he was pretty open about this being a social experiment to make money. All they do is hash a file and put it on chain. There is nothing else. Wouldn't surprise me if they spammed /biz/ themselves.

You don't believe me? Check the source code. All it can do is check if hashes of files match. It's basically a 1000th copy of Tierion, Factom and whatever "dapps" can do this. Contract also has negligible volume so their "customers" don't even actively use it. Especially because this functionality is basically free with something like Flo. The boomer who orchestrated all of this will eventually dump all tokens when this hits bigger exchanges with more volume.

https://github.com/V-ID/V-ID-Token/blob/master/VIDT.sol#L238

All their "partnerships" and clients are mostly accelerator programs, bought references (dutch blockchain coalition is a paid network) or proof of concepts they did as prototypes in hackathons and what not. There is ZERO need to decentralized distribute a hash of a file as the issuer can simply issue the hash of the file and it's a trusted source. PDF files can be signed with a private key and verified with SSL cert. One big scam. Don't fall for it.

This is not a problem field. Hashes of files exist since usenet to see if it's not tampered with. If an attacker can change the process of generating the hash, he will certainly be able to obtain a user and password for this "super secure" vidt dashboard.

also worth noting that as of 30 minutes ago, the "whale" has violated the token lockup agreement. as of today he was only supposed to be able to unlock 2.75M, but 3M has moved to kucoin now. it legit looks like an exit scam at this time. I don't know how to make it any more clear to those of you who are still holding on.

>>17208352
TL;DR

BOUGHT ANOTHER 10K

>>17209747
>All their "partnerships" and clients are mostly accelerator programs, bought references (dutch blockchain coalition is a paid network) or proof of concepts they did as prototypes in hackathons and what not.
Holy shit, you're right. This is from the Dutch Blockchain Coalition website:

"Interested organisations who want to become a key partner of the Dutch Blockchain coalition can contact us via [email]. Please note that key partners must satisfy both the requested financial contribution and the requested in-kind contribution."

>>17209747
haha this again, dug up one of the first copypastas

>>17209938
Yep, a mid xxK euros amount of money. The organization is just a commerical group which pretends to be about blockchain but all they do is chase hypes and leverage their network. There is maybe one organization in the coalition which is actually technical and has a real world application of blockchain. Rest is just bandwagon hype beasts. Same group made a new "coalition" called Dutch AI Coalition. It's basically multi level marketing. Nothing valuable has come out of it except drinking from government subsidies and keeping up appearances.

>>17210031
maybe we should start a coalition

How come this was named a top Dutch company in 2019

>>17210147
It was fake. The Netherlands doesn't even exist for real. It was all a hoax to get Americans buy into this pajeet scam.

>>17210147
probably some politicians that don’t even know what blockchain is gave them the award because it did sound futuristic and digital

>>17210147
>How come this was named a top Dutch company in 2019
I'll tell you why if you post the proof of this statement.

>>17210291
Here. You're going to have to translate it:
https://www.computable.nl/artikel/nieuws/awards-nieuws/6692913/1853296/computable-nomineert-10-digitale-innovaties.html

>>17210692
Okay, that one.

>Seen as one of the ten most innovative digital companies in the Netherlands? As determined by Computable who selected ten entries submitted by companies themselves. Computable gets 1 page views per visitor and has a 77% bounce rate. That is, people who search up Computable leave within one minute of loading the front page. Average bounce rate for competing sites in the Netherlands is 37%. "Computable Awards" makes up more than 75% of the reasons why people visit this website. Ergo, it's a "I jerk your cock, if you jerk mine" award ceremony. Fail.

>>17210747
There are so many things with this post. Let me start here:

How do you have access to accurate bounce rate metrics for online equity you are not in possession of?

>>17210857
Define "accurate". Actually, don't. I'm not going to argue about some shitty internet award with someone. Which they didn't even get, FYI. If you think it's bullish, buy more.

>>17211373
I'm pretty settled with my bag. Thanks. However, making up fake shit like that? Do you even know how these website metric tools work?

Just calling a liar, a liar.

Hard pass, Alejandro.

>>17211489
>Do you even know how these website metric tools work?
Let's see if you do, bagholder.

>>17211533
For accurate traffic data, you need to have access to the source code of the website that you want to analyze, so that you can implement tracking software in your code. Typically JavaScript placed in the head tag - you also need access to the corresponding backend of whatever software that the integrated tracking code is associated with.

Get the fuck out?

>>17210291
No I was actually talking about when the Dutch Chamber of Commerce named them a top 100 most innovative company

>>17211612
Now if you wanted to advertise on Computable, how could you get accurate data on their visitors and retention rates so you know that your money is going to get the results that you seek? Do you think businesses are like retarded bagholders and will take Computable's word and hand over thousands of dollars to run ads that will ultimately be seen only for a split second because visitors hit the back button and don't browse around for more articles? Or would they rather pay to advertise on a site where someone sticks around before visiting another page? Would you rather click an ad on a site that you regularly visit or one that you have never heard of in your life?

I'm throwing out questions so you can learn. Those analytics are not private data. Those services are free for a reason.

>>17211823
You are throwing out questions to seem smarter, but this post has absolutely no knowledge in it (you have none) - which also is why you are essentially saying 'go-fish'.

Typically if you wanted to advertise with them, and they are a larger entity (they are), you'd typically find information about what kind of user activity they are driving, somewhere on their website.

Oh. Would you look at that? https://www.jbitmedia.nl/merken/computable/computable-nederland/

Now, if you were really interested in advertising with them, and you wanted to confirm these numbers, you'd get in touch with the company/organisation, and have it verified through an agreed upon method.

Website traffic gathered through the use of the locally deployed major tools are INDEED private data.

>>17212110
Not web traffic that came through Google search referral while also using Google Publisher Tools, including Ads. Fail.

>>17212195
Oh come on now, buddy. Those are rough estimates at best. Fucking pathethic.

>>17212253
LMAO, you got BTFO. That's why I asked you to define "accurate". I know you bagholders.

And the site you linked:
>550,000 unique visitors per month
>32,500 page views per month
>1000 newsletter receivers PER YEAR
Intradasting.

>Site embeds Google tracker on their site
>Can track every single visitor that is not actively blocking it
>Doesn't calculate bots, like the fucking idiots with their 550,000 unique visitors per month claim (17 million people live in Netherlands; site isn't in English)
ROUGH ESTIMATES I TELL YOU

Yes retard. The team starts dumping one day after releasing their news about VIDS. That's so much more likely than the alternative, which is that the whale wanted equity and is now selling because he can't have it.

>>17212297
'Accurate' would then be data gathered using a locally deployed tool, which you do not have access to. The numbers you cited aren't even close to being correct.

Oof..

You know what? At least I'm not the one spending my time, lying through my teeth on an anonymous imageboard.

>>17208352
>itt, actual retards not understanding that coin projects use marketmakers to puff up the orderbooks
I'm not touching this shit with a 20 ft pole but fuck me you lot need to get off of /biz for a minute

>>17212297
>1000 newsletter receivers PER YEAR
This amounts to less than 85 newsletter subscribers a month.

>>17212372
And that would be 32500 recipients per year. You can't even read.

The absolute state.

>>17212412
>And that would be 32500 recipients per year. You can't even read.
Fucking Google translate. That's still only 2700 subscribers a month. That is a pathetic 0.006%. Tell me how you can have millions 6 million visitors but less than half a million page views. I tell you how: >>17210747

>"Computable Awards" makes up more than 75% of the reasons why people visit this website.

Should I sell my 20k stack or not?

>>17212635
dunno. i keep holding it. if the team doesnt make an announcement in the next few days im selling tho.

>>17212620
You just keep going in circles. I don't even know what you are trying to argue anymore.

What I do know is, that you pretended to know a whole lot about how website traffic works (spoiler: that wasn't the case), and I called you out on it. All your following posts literally read 'seethe'. Please stop.

>>17212820
I'm arguing that no one gives a shit about "Computable Awards" other than the companies who bothered to enter to be nominated. While you're arguing a point that doesn't matter (me and how smart I might be).

https://www.similarweb.com/website/computable.nl
>Bounce Rate: 74.49%
>Avg. Visit Duration: 00:01:27

Please tell us how you have more accurate data than that website and Google combined.

>>17212891
>Similarweb
Oh no no no no

I SERIOUSLY hope for you, that you do not use Similarweb unironically for other things than general trend analysis. This is just not going to be accurate in the slightest. Any person who has ever dealt with website traffic analysis professionally knows this.

So that is my exact point. Your data is simply extremely unreliable. I don't personally have it, brainlet, which is ALSO my point - that you don't. You need access to one of their analytics tools.

>>17208933
>>17208662
>>17208563
>>17208528
>>17209307
>>17209938
>>17210291
>>17210747
>>17211373
>>17211533
>>17211823
>>17212195
>>17212297
>>17212340
>>17212372
>>17212620
>>17212891
>HEY HEY HEY
SCHIZOCONNEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEECCCCCCCCCCCCCCCT

>>17208806
buddy we can see that you're pissed, keep holding your shit coin till it hits 0

Did not read, am not selling.

>>17213067
Right, it's not going to give you super accurate results but it gives you a good ballpark figure and you can use it to compare it to other sites. Which I did. SimilarWeb is one of the most accurate public tools out there that isn't Google.

If you would have looked up how that award went last year, you would have seen that in order to win you had to shill Computable's website and get people to click and vote. It wasn't decided on merit, but how many shills you can bring to view the site. Computable's Twitter has over 9000 followers but no one interacts, reblogs, likes... unless it's award time.

>>17213236
Get out of the Computable.nl web analytics thread, bagholder. I'm taking over.

>>17212635
right now you can sell it at 12 cents into the fake buy orders from the whale.

Dump now while you still can. 12 cents isn’t too bad of a price. Definitely better than 1 cent.

I also lost 5k holding this coin, maybe I should just sell now.

>>17213626
What a coincidence. I too, sir, lost 5k here.

>>17213341
>Good ballpark figure

And there it is. You have never worked with this, have you?

>>17213939
Okay, you're right. SimilarWeb is a scam. Google Publisher is a scam. Amazon's Alexa Internet is a scam. The numbers are completely fake and intentionally made up. They are worthless data. Now when it comes to the revenue V-ID is supposedly generating, that is data you can blindly trust.

>>17213626
>>17213776
weak fud to get weak hands to sell so they can buy back the bags they sold cheap.

see you at 1 VIDT = $10

>>17214105
I know I'm right. Because IF you in fact had worked with this, you would know that SimilarWeb only gives you the overall bounce rate for the website in question and DOES NOT segment by pages.

This means that, in this cases such as this - with a site that contains a truckload of news-articles and blogposts - the bounce rate is going to be WAY higher according to SimpleWeb, since posts such as these normally have high bounce rates - they are linked to across various media, and are typically only single-page sessions for visitors.

This literally says nothing about the performance of this website.

You unequivocal brainlet.

>>17214227
>This means that, in this cases such as this - with a site that contains a truckload of news-articles and blogposts - the bounce rate is going to be WAY higher according to SimpleWeb, since posts such as these normally have high bounce rates - they are linked to across various media, and are typically only single-page sessions for visitors.
In that case, having an internal analytics tool wouldn't change the bounce rate nor the amount of time visitors spend on their website. And my initial post >>17210747 holds true. Checkmate, retard.

>>17214541
Are you actually reading your own posts >>17210747 before you submit them?

>Computable gets 1 page views per visitor and has a 77% bounce rate. That is, people who search up Computable leave within one minute of loading the front page.
>front page.

You are in deep, Miguel.

>>17214622
A) That post is from last year, copy and pasted
B) Obviously meant the first page, not front page. Analytics sites do not target the front page, including the one I posted here: >>17212891

Your counter-argument was logically incorrect. Time to face it. The general idea is that barely no one reads that site. It's literally a free magazine used to advertise services to IT professionals. The awards are bullshit and not based on merit. But what you are saying about the tools and their viability is correct, Ronaldo. Except we're not here to buyout and flip computable.nl.

I LOST $5K ON THIS SCAM AND I OWE IT TO A FUCKING LOAN SHARK. HE'S GONNA BREAK MY LEGS, WHY DOES V-ID WANT ME IN A WHEELCHAIR???

>>17214754
What counter-argument?

The problem here is, that you don't understand what bounce rate actually is an indication of - and that it changes depending on the context.

Which also, by the way, at the same time shows that you have no idea (at all) what you are talking about.

The length of this conversation, however, should be embarrassing to you. You must be tired from hauling that goalpost around.

>t. dies on a hill that he can't even spell the name of

>>17214849
ive lost also 5k on this niggercoin

>>17214852
It's kind of autistic that you try to give the impression you're an expert (every other post you hint at it), while intentionally ignoring the general idea behind the posts. MUH BOUNCE RATE

>>17214949

>>17215002
>>17211489
>Do you even know how these website metric tools work?
>>17212110
>You are throwing out questions to seem smarter, but this post has absolutely no knowledge in it (you have none)
>>17212253
>Oh come on now, buddy. Those are rough estimates at best.
>>17212820
>What I do know is, that you pretended to know a whole lot about how website traffic works (spoiler: that wasn't the case), and I called you out on it.
>>17213067
>I SERIOUSLY hope for you, that you do not use Similarweb unironically for other things than general trend analysis.
>>17213067
>Any person who has ever dealt with website traffic analysis professionally knows this.
>>17213939
>You have never worked with this, have you?
>>17214227
>I know I'm right. Because IF you in fact had worked with this
>>17214852
>Which also, by the way, at the same time shows that you have no idea (at all) what you are talking about.
If I say this enough, people will see me as an expert! THEY MUST!

>>17215060
Haha. I appreciate the effort.

>>17208352

> Whales been dumping for days

> Price is still the same

this is your chance to get in now. The whale is literally holding the door for people to get in now for this easy x10 potential x100

>>17215283
Perfect reply, because you moved the goal posts yourself while throwing ad hominems and appealing to authority.

You initially argued the data I presented was grossly incorrect (because I don't have the access to the data), then you switched to saying the data might be correct BUT because it's a news website the metrics don't count and thus don't mean anything.

BTFO. You're welcome. See you next thread.

>>17215340
I said it was grossly incorrect, and then I didn't change my argument at all, but simply elaborated, that it was it was incorrect because of how it is measured. It lacks context.

Go back and read my posts. Then, afterwards, you can re-evaluate how you spend your time online.

Holy shit you two noone gives a fuck why don't you guys just get eachothers # and sext eachother already

>>17215567
>>17215567
>I didn't change my argument at all, but simply elaborated, that it was it was incorrect because of how it is measured. It lacks context.
I also posted the context, which you ignored. Regardless, I extended you an olive branch when I said you're correct about the viability of sites like SimilarWeb and how those metrics are irrelevant when it comes to assessing the general success of a site. But you're autisticly hell-bent on being seen an expert, because I told you that you have to learn.

>Then, afterwards, you can re-evaluate how you spend your time online.
Toying around with an internally analized tool.

I lost 5k on this nigger Dutch coin. And my wife is Fucking A white incel now. Fuck being an SEAcel

All this VIDT fud is giving me early days LINK Fud vibes. You didn’t rid me of my linkies then and you won’t do it with VIDT. bullish as fuck on VIDT. All the stale fud confirms how great it is.

>>17216864
they just want the price to dump so they can fill their bags.

VIDT brings out the worst in people who didn't buy the lows

Someone has am unironic 100k buy order at 1200 sats.

>>17216796
Jesus Christ. I actually did lose 5k on this garbage. I'm the one who was posting that originally and unironically. I put the remainder of my initial investment on LINK. I'm up 10K overall in my portfolio even after that brutal VIDT scam stole 5K from my family. My wife worked her little heart out as a teacher to make that cash. These Dutch criminals stole money from good hard working white American families. Fuck VIDT. So glad I dumped that shit at $0.12 on KuckCoin...after buying for $.28 on IDEX. FUCK VIDT. DEATH TO THIS PUMP AND DUMP SCAM COMPANY , TOKEN NOT NEEDED. DUMB ASS VALUE PROPOSITION. FAKE ASS CLIENTS. FAILING COMPANY. THEY FUCKING UNIRONICALLY WENT TO A CONSULTANT KNOW FOR TRYING TO HELP BUSINESS FAILURES. FUCKING DRUG ADDICTED, SMUG ASS DUTCH CRIMINALS STEALING AMERICANS MONEY. FUCK VIDT. I AM BLOCKING ALL VIDT THREADS NOW. STOP VIDT POSTING. MAKE VIDT POSTING A BANNABLE OFFENSE

>>17216960
smart

>>17216979
>buy at 28 cents
>sells at 12 cents

stop blaming VIDT and blame the person pressing the buy and sell buttons

>>17217020
It was a Pajeet pump and dump. We got satsganged. Sell and move on. Vidt is a scam company run by amateurs

>>17217052
who is we I am up 80% on VIDT stay salty bro

>>17217067
I used to LARP about buying the VIDT bottom too. It was like chasing the dragon. The real floor is 1 cent

>>17216979
Based

>>17217096
perhaps you should have used the two brain cells have left and waited till it hit 1 cent instead of buying at 28 cents.

idiot

I also lost 5k in this scam coin. fuck dutchfags

>>17217096

200k in buy orders just showed up in the book. Why isn't the whale dumping on them?

Tell me this shit is not going to pull a quant . moon after big whale gets out

>>17217418
its going to moon regardless of what the weak handed whale does.

>>17217276

Vidiots cant refute this. its over

>>17217620
It's over? You mean, it's pumping.

>>17217320
>>17216979
I'm also down 5k on this ponzi scheme chuck e cheese token. I barely had enough money left for knee pads.

lol at this PURE FUD post. This is hilarious. I guarantee the price will continue to climb and this post is nothing but PURE FUD to frighten weak hands into selling. haha

LOL fud didn’t work. Vidt is now mooning

I have to admit. Fud probably kept a lot new buyers out but fudders have probably accumulated enough now that vidt can no longer be denied. This is $10-$20 token easy

GET ME OFF THIS RIDE AAAAAAAAA

Guys.... I shorted VIDT... where the vidiots right???

Easy $5 coin. Idiots.