/biz/ - Business & Finance

>>21027039
You're a Vidiot

>>21027039
Moved some link gains into it and reaping the benefits. VIDT should at the very least be in the top 100 but I see it being top 50.

>>21027169
What can it do that is not already being done by competitors for less money? And why should the token have value?

definition of vaporware

>>21027183
The answers are plentiful, anon (see their website) but datalink is why it beats out its competitors. The token has value because it’s used by Its many clients to validate documents and physical goods on their blockchain.

It’s highly, and I can’t stress this enough, highly undervalued right now.

>>21027183
>Hurrrdurrrr
Not spoonfeeding, read the whitepaper

let them buy high,these are the anons who probably fuded link when it was cents.

>>21027219
>vaporware
>One of the few cryptos actually being used
Poor effort FUD

Moved few eth in to this just now. Hopefully it will pay off. still only 25 mil cap when i check on cmc, can 4x easily from here as per me.

>>21027219
>having a working product and a myriad of huge customers is vaporware

OK pajeet

>>21027830
>literally buying the ATH while people have been bagholding this shit for 12 months
anon...

>>21027039
bought at 40c, are we going to 4 dollars?

>>21027940
100m mcap by EOY

>>21027663
But why do they let you hold the token. What can you do with it?

>>21028032
You literally just fund the team by increasing tokenvalue so they can dump on you.

>>21028166
That's what I thought, thanks.

>>21028032
you can validate shit.

>>21028215
So what do you do with the tokens/coins you're in? Rightttttttttt.....dumbass

>>21028221
How can I validate a file if I buy VIDT? And why would I want to spend expensive tokens when docusign can do it for a penny?
>>21028448
I stake my PNK for a chance of being drawn as a juror in digital arbitrations. I specialize in two courts and have already made several hundred dollars for coherent voting on legitimate cases

>>21028032
I can validate anything I want with my tokens. Just like the clients can. That’s what it’s used for. It has a use. And the company is in profit due to this use. Unlike almost any other crypto project

>>21028638
Tell me how to do it. You can't. Not a single token holder has ever validated a file I bet

>>21028166
Nope. Read the web page. The team have been allocated a small proportion. 90% of tokens are free market. It’s easy to look this shit up anon

>>21028657
So what? I hold it to make money. Clients use it. If I wanted to be a client I could. Make sense?

>>21028032
>>21028166
the brainlets are in

>>21028697
So you just lied? Not only have you never validated a file, but you can't validate one. Tell me how if I'm wrong

>>21028551
Wooowww dude. Staking for "a chance" of being drawn... And you've made a few hundred dollars.... May I ask something? If you are specialized in two courts how come you are asking such stupid questions and make far less money then I do? I thought you had to have a high IQ for the kind of stuff you're doing?

>>21028719
LMFAO. Am I a client dumbass? No
FUD somewhere else troll.
Its gonna be $10 soon.
Buy while it’s still under a dollar.

>>21028764
1) I bought PNK in the pre-sale. Unless you paid a few pennies for VIDT, I am making more than you.

2) what does IQ have to do with making money in crypto? Clearly little because no one in this thread can tell me why your token has value. Individuals cannot interact with the token in any useful way. Clients do not even purchase it off the open market. The tokens clients use are in a separate pool completely removed from the circulating supply. So there is actually no reason why the price should be going up, but I guess there are enough brainlets like you to buy it

>>21028852
I’ve literally told you why it has value you shit for brains monkey scum

>>21028790
you just said ANYONE can use it. Why are you backpedaling anon? Has anyone in your entire community ever used VIDT? I don't think so

>>21028895
no, you lied again. You told me clients purchase the token but that is not true. The client never touches the token. Nor do they buy it.

>>21028942
it happens in the background. either indirectly or not, VIDT is getting bought, used, pumped and burned.

if you hate money, don't buy VIDT. Its that simple.

>>21029052
All you're doing is proving how much of a pajeet pump n dump shitcoin this is with such low effort responses. If I go ask pointed questions in an RLC or Kleros thread, at least I'm met with rigor and technical discussion. You shitskins have no rebuttals.

>>21029052
it's not being bought by clients though. Directly nor indirectly. I can see this on etherscan. This is just a pump n dump

You had a fucking YEAR, and now you try to FUD to lower the price?

I hate hindsight fags

>>21028942
LMFAO. Not my problem you don’t understand basic tokenomics and client relationship.

>>21029111
>11 posts by this ID

Someone is bitter... tell me what weighty bags you're rustled about?

Bought vidt a year ago for the memes. Forgot about it and now it’s top 5 in my portfolio. Neat.

>>21029111
Now it’s confirmed. Classic FUD.
Not even that good.
3/10 for effort
1/10 for results. Go home

>>21029196
>more than 5 coins in portfolio
ngmi

>>21029159
you made a thread with the intent of getting people to buy your coin. But you can't explain why anyone should buy it

I just took a look and here's how it looks. Tell me where I'm wrong:

1) clients deal exclusively in fiat
2) VIDT uses the tokens simply as a conduit for the file hash
3) Users cannot do anything with the tokens. They can't even validate a file, because they have no API access
4) VIDT promises to spend 10% of their profits on buying back the token. Which seems to amount to a few thousand dollars. But other than that, there is no reason to hold the token. And there's no smart contract, only a promise. So if VIDT ever tells you to fuck off or changes the promise, you have a worthless token

>>21029281
>12 posts by this ID

>>21029344
I will put 100k into VIDT if you can tell me what I'm missing

>>21029369
You were dumb enough to put money on this too. This is all based on the premise that the business value would somehow transfer to token value. Dunno about that. Validations and the new business opportunities go up, the token price goes up.

And what smart contract promise?

>>21028677
>90% of tokens are free market
The team took out 12m VIDT from the validation pool (which supply was supposed to be never circulating) and merged those 12m with the "circulating" tokens. They didn't dump 12m tokens yet so you can't say that.

>>21029281
1. Correct. Client buy tokens with fiat. What else are they going to use, spaghetti?
2. Yes that’s how blockchain works.
3. Clients have API access. Clients have datalink. That’s the entire point of VIDT.
4. You’re actually citing the buy backs as a negative?? The free market determines the value of the tradable, scarce, ever decreasing token. Like all every other crypto. What’s the problem?
Seems to me you just don’t understand basic blockchain stuff. And you’re clearly fudding.

>>21029519

>>21029636
They buy back 0.1% of the total supply monthly, it is not enough to sustain the price at this level. They used to buy back 0.3% monthly, and it was a good thing, but right now VIDT is overvalued.

>>21029636
1. Deal with =/= buy. This is important
2. It's one of the less useful features
3. Your fellow pajeets are running around claiming anyone can validate a file. It's not true.
4. The buy backs are the ONLY driver for the price. There is legitimately zero reason to hold VIDT otherwise. The only value your VIDT tokens will generate is from buybacks and people speculating on buybacks. It is not a utility token. And the buybacks are abysmally small. VIDT would have to 10x their business operations for the buyback to even have a minuscule impact on the price.

>>21029281
It's like Link. Think of the token as a share :^)

It's no coincidence most Link holders hold Vidt

>>21029789
most of the tokens in the top 20 are over priced. its about future values anon.

value chases scarcity and VIDT is designed to become more scarce by design. So its actually undervalued.

we price discovery nao

>>21029281
You had ONE YEAR to buy

>>21029825
>It's no coincidence most Link holders hold Vidt
lmao no, they don't. I actually paid money for the etherscan API to look at cross-holdings. Out of all the shitcoins shilled on here, VIDT is near the bottom of the list for top 5000 LINK wallets

>>21030010
Can you give me a top 3?

>>21030156
DMM, RLC, third was either KNC or PNK

>>21030241
Thanks anon. Was fully expecting RSR in there.

>>21028697
Unironically a sell signal, imagine investing in a coin where most holders just hodl for muh value

I sold my 50k stack I bought at 5 cents. Why?

Because the company’s clients pay a fixed rate of fiat and never mess with the token.

The company has manufactured a tokenomics system to buy back and burn coins to make the price go up. The coin is worthless. V-ID can take their business, move to a different blockchain and coin and can keep all their clients without having business impact. The coin is just a scheme to make themselves richer from crypto holders in addition to their business partners. I took my profit and got out.

>>21027039
Nice, no one in this thread can explain why the token has any value other than from speculation by retards.
If this coin wouldn't be listed on Kucoin it would still be at 10 cents. Just look at the performance of countless other Kucoin coins over the past 3 months. Kucoin is literally pump central right now. The price performance of your shitcoin has nothing to do with "muh clients are using it to validate data".
Have fun getting dumped on.

>>21030727
>>21030792
yes im sure the fact that the amount of validations per month directly translates to the team both buying tokens off the open market and also burning tokens has nothing to do with the token gaining value
stay poor, you had 1 year

>>21030727
>Dutchfags create system that makes you money when you hold their token
>this is bad
you're a dolt

>>21030852

When the Dutch fags and the 5 mil whale wallet dump on you, we will see who is the dolt

>>21029369
Gains

>>21030852
This coin will reach a point where there is more money in the coin than this company even makes over 5 years and the bubble will burst. Maybe we are already past that price

>>21030241
Not even close to being accurate

>>21030404
It is

>>21030994
I bought at a $0.05 so I'm doing just fine dummy

>>21031162
have you done it yourself? Or are you just relying on secondhand information from an anon who included many confounding wallets? He was also using the free version. RSR was in the top 5, I do remember

>>21031283
Yes, the anon even posted the script.
pic related

>>21028852
The IQ has nothing to do with being in crypto. If you had a high one you would have read this correctly. BTW have you've ever seen the tokenomics of VIDT? Maybe that gives you an answer what the reason is....Oh yeah and a real usecase instead of some childsplay juror game.

V-ID attracts fudders like nothing else. Link-tier desperation fudding. Which makes me think we are going to see link tier-gains.
>>21031283
Whats at stake here for you buddy? Why so desperate? Why so many replies? Whats your motive?

>>21027039
had 400k of these bad boys.

Sold at .12 =(

>>21027147
buy now or buy high

>>21030994
Dutch fags? What are you? A fag yourself? I've heard before that the secret gays are homofobic. The dutch are the best dude and the most trustworthy

>>21031283
kek, datanon here. yeah in some of my earlier runs i included a little bit of faulty data due to etherscans shitty labelling system, but this one is as accurate as it gets.
data was generated on 8/2/2020

>>21031162
>>21031478
>not even close to being accurate
>>21031624

now include VIDT lmao

>>21031666
i actually ran VIDT in that dataset, just didnt generate a graph for it. give me a couple mins i can pull up the excel file and do it

thanks for the memories boys, sold and bought some DEV and RSR. Best of luck, it was emotional

>>21031666
>>21031696
On August 2nd, 2020
The top 5,000 LINK wallets combined (excluding all smart contract wallets and exchange wallets)
Owned 990,047.8 VIDT
Circulating supply is 46,330,542 VIDT

Which means they owned about 2.14% of the circulating supply, pic related.

Legit question, not trying to FUD. What is datalink? Is it supposed to be a competitor to ChainLink? If so, why would someone use datalink over ChainLink?

>>21032142
Datalink is how clients interact with VIDT’s blockchain. And more.

https://link.medium.com/LllPgz91H8

The crypto market is finally maturing and projects with a usecase an big customers like VIDT have been taking over. Easy 5$ coin within a couple of months. Pin this and hold me to it.

>>21032526
Yeah, i read that.
>verfiying data
Why verify data when you could have unfalsifiable data with ChainLink?

>>21030010
Just talking our your arse to shill your bags

>>21032860
5$ = FUD
12-16$ EOY

>>21032975
Link doesn't do what Vidt does though... That's why

>>21032975
Because VIDT is a single use token attached to a specific company that markets to specific clients with a specific need.

>>21033639
>>21034058
Im not asking whats the point of VIDT. I own some. Im asking what is the point of datalink specifically?

>>21027039
Ok boys seriously why is this shit pumping hard?

because it has fundamentals,fuders gonna be fuders til they wont be anymore

>>21035380
Binance rumour

>huge red spike
I am financially ruined

>>21034328
datalink is a tool that clients use
It’s all in the medium article.
“ Organizations like Airbus, AmSpec and IBM use VIDT DataLink to certify and secure digital documents like certificates, invoices, diplomas and sensor-data.”

I sold all my VIDT and bought a make it bag of RSR. Hopefully I won’t regret this day.

>>21036054
I sold half my VIDT bag to complete my 2M stack of RSR!
Couldnt bring myself to sell all my VIDT... The price action this summer has been too good