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/biz/ - Business & Finance


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File: 42 KB, 2000x1000, vechain.png [View same] [iqdb] [saucenao] [google]
28725497 No.28725497 [Reply] [Original]

VET is the most no-brainer long term investment in the crypto space. Anyone who's worked or studied supply chain understands how important it is to track the supply line.

Vechain's early focus was on designer goods and fine wine (CEO Sunny Lu was the former CIO of Louis Vuitton China and left his position to develop the platform). The value of high priced goods lies in the legitimacy of the product, and a blockchain trail can verify that product's legitimacy every step of the way until it reaches the customer.

Now think about grocery stores and how many recalls there are on tainted products (700+ recalls per year in the US). Throw a blockchain tracked QR code on every shipment of goods and you can weed out the tarnished product immediately and save capital. And as soon as BaaS is adopted by one business, competition in the same domain HAVE TO adopt, otherwise they lack the same security and lose profit+trust.

Walmart China has indirectly been buying VTHO for years to use as gas prices on the network through Toolchain. Any client onboarded through Toolchain is a part of the Vechain ecosystem, whether they understand it or not. As corporate adoption increases, retail investors (that's us) get gains out the fucking ass because we own all the VET (gas stations) that these businesses need to buy VTHO from to run their operation.

And honestly fuck the pump that's going on right now, because this is a loooong term hold. With all crypto there's a lot of minutia and uncertainty, but if this shit actually pans out the way it's designed, then you are 100% guaranteed to make it and much much more.


https://dailyhodl.com/2021/01/31/coinbase-exploring-support-for-44-new-assets-across-trading-and-custody-platforms/

>inb4 Chink scam. They're based out of Singapore anon.

>> No.28725535
File: 178 KB, 1280x853, cool-frog.jpg [View same] [iqdb] [saucenao] [google]
28725535

>>28725497
https://ghostbin.co/paste/j6m6d free alpha leak for you OP

>> No.28725637

>>28725497
>VeChain
It's a 3 billon mcap coin, it's not going anywhere, you might as well wait for the market to crash then invest

>> No.28725689
File: 450 KB, 1792x2276, chong.png [View same] [iqdb] [saucenao] [google]
28725689

Chink scam

0 use after 4 years of hype

have fun staying poor

>> No.28725909

chink scam

>> No.28725957

>>28725497
OP I assume you're also a based X node holder. Are you selling your VTHO or keeping it? I was planning on keeping it but the recent pump has me tempted to sell it for more VET. Got 1.6m VET and 1.2m VTHO. If I traded the VTHO stack I could add another 10% or 160k VET.

>> No.28726147

>>28725689
It is consistently doing 100k+ transactions a day tho

>> No.28726254

>>28725957
So far I have held all my VTHO that I've generated but I also am extremely tempted to sell it for more VET given the recent pump. I think I'm going to stick to my guns for now and let them both ride.

>> No.28726320

>>28726147
/biz/ ironically hates making money and does zero research into anything decent. People saying "chink scam" and "zero use" or whatever are dense as fuck and won't make it. Let them stay poor.

>> No.28727485

>>28725497
shill me on this coin bros, i wanna be enlightened

>> No.28727695

>>28726320
They don't hate making, just the most of them don't like being bagholders of 2017 projects. That is a low IQ buy. Yes, it will eventually be used more. buy it now right? There are plenty of other things to buy that will leave this in the dust and already have.

>> No.28727762

>>28727485

Honestly just watch a few Youtube vids about it

https://www.youtube.com/watch?v=dc1a_uga4Yk

>> No.28727826

I’m pretty sure it’s trash. There is just a few discord servers with some focus on it right now and it’s being manipulated with like a 10-30% spread between binance int and us. I think it’s gonna dump eventually

>> No.28727922

>>28727762
>>28727762
The market cap is too crap to go in on this. It has potential, but then so do the ETH killers and what not. If you got in on this long ago, keep holding. If you didn't, go else where. Adoption is still quite low for VET. Please leave this board with your shill. This isn't Reddit.

>> No.28728033

>>28727695
I'm open to hearing suggestions of other cryptos to buy. What do you got?

>> No.28728050

>>28727695
Stay poor
The walls are down

>> No.28728099

>>28727922
How is the market cap crap? What do you mean by that?

>> No.28728119

The tokenomics are retarded, there's 100% no reason why the public needs to hold this token other than getting dumped on, there's a reason all the marketing is marvel shit and trying to get dumb money to buy dumb shit

>> No.28728255

>>28728099
>>28728033
>I'm a math guy. Let's say a newfag did drop $5,400 (a number most won't be able to commit to, but a decently "exaggerated" chunk to show how even this amount doesn't have legs) and got 100,000 tokens. In the year or two that VET takes to reach 10 cents, you will more than likely double your money to $10,800 (remember the ridiculous circulating supply and max supply stifling growth).

>Now imagine you bought 186 Polkadot instead ($5,400 divided by $28.97 at this point in time), DOT will more than likely be triple digits (let's say minimum triple digits at $100) end of year if not much sooner that because it is addressing a critical problem Ethereum is having.

>The calculation would look like this: 186 DOT x $100 = 18,600. Imagine being so blinded by VET that you miss out on something that has a much higher ceiling. VET naturally attracts n00bs. I'm sorry, but it's the truth. The buy in is too HIGH and the return TOO LOW.

Use your own brain and don't buy bagholders 2017 vaporware. Other suggestions include: AVAX, Solana, ATOM, SNX. Radix. I truly think any of ETH's competitors will be like Coke, Pepsi, Dr. Pepper, and Mountain do. Pick your flavor.

>> No.28728336

>>28727485
Jim Breyer holds it
https://breyercapital.com/portfolio/

>> No.28728495

>>28726320
If you want boomer tier gains, in the best of best case scenarios, by all means buy VEN/VET. Real world use does not equate to financial gain for token holders. The selling points of VET are the exact same as they were in 2017/early 2018, and there’s an army of bag holders ready and waiting to dump at every new price point. It’s not a chink scam in the true sense of the word, but it’s not going to make you filthy fucking rich and it sure as shit won’t make you good money in comparison to hundreds of other coins in a bull market. VEN/VET is a cult at this point, much like another rebbit coin— XRB/NANO. There are worse places you could park your money, but there are also many other better places.

>> No.28728518

>>28728255

That's where you're wrong, kiddo. VET is the ETH killer. It is positioned for mass adoption by actual enterprises

>> No.28728634
File: 225 KB, 4155x1089, VET_transactions.png [View same] [iqdb] [saucenao] [google]
28728634

>>28728518
Er dude, ETH can do EXACTLY what VET does. It has scaling issues but it still has more enterprise adoption. Imagine telling Reddit to adopt VeChain instead of ETH.

>> No.28729562

>>28728634
Yeah but for a fuck ton of money in fees.

>> No.28729713

>>28729562
ETH is $1800 right now. You mean to tell me it's a better time to buy VET than be at the very beginning of the release of ETH's competitors?

Also, please think about L2 scaling projects that fix ETH. Matic, LRC, Raiden Network, OMG, xDAI. Dude, there's sooooo much out there to be getting in on.

>> No.28729920
File: 43 KB, 879x451, vet eth.png [View same] [iqdb] [saucenao] [google]
28729920

>>28729713
You wouldn't buy this?

>> No.28730073

>>28729920
No, bro. This is a n00b coin. Plain and simple =/. I bet most people don't even have $5400 to throw at it like from this post:

>>28728255

People need to figure out how to maximize their money, and throwing a small amount at a project with 64 billion out of 84 billion circulating is so meh.

If you do go in big, you will do better. But at that point, you might as well start getting the A-tier tokens since the larger buy in will get you more of those.

>> No.28730229

>>28728634
It literally doesn't have more enterprise adoption LUL. Who the fuck would pay $30 for one transaction?

>> No.28730395
File: 262 KB, 700x700, V.png [View same] [iqdb] [saucenao] [google]
28730395

Hello my name is Sunny Lu and I'm the CEO of Vechain we have brand new technology we scan qr codes and soooooooon.....

>> No.28730462

>>28730229
Bro, if you're gonna play "Network Miracle Hopeful", your gonna need more than 3 Walmarts in China and Shanghai gas.

If we are going to play network miracle hopeful with ETH, there are L2 solutions, Rollups, and eventually ETH 2.0 There's a rumor xDAI is going to be incorporate into UNI. Yes, Honeyswap exist, but do you know what gave everyone the ability to make a shit coin for either massive profit or massive scammage? ETH you faggot. You can hate all it want, but Uniswap was a revolution, and it's not going to disappear. Competitors will arise, but I don't even think VET is in the same league unfortunately.

>> No.28730508
File: 90 KB, 1207x871, vet btc.png [View same] [iqdb] [saucenao] [google]
28730508

>>28730073
>if you have more money to invest you will make more gains
Big brain shit my man
Shilling low market cap coins for low liquidity investors doesn't make mid-caps bad buys. Vet is on a tear against all pairs. If it flips previous resistance as support against BTC here it will run to 220+ sats and top 15 easily

>> No.28730623

>>28730508
Yea, sure tell people to throw 200-1000 bucks at VET. If you aren't making shit buy putting in 5400, you can bet your ass you ain't gonna make shit with a few hundred to a thousand. This is not a VeChain board. Quit trying to sell your shit here.

>> No.28730963

>>28730462
The more you post the more mid-wit you sound
>muh eth 2.0
>the xDAI rumor is true
>yes sweetie, honeyswap exists
kek what faggotry
>>28730623
Percentage gains are percentage gains you clown. And who the fuck said $5400 lol. 200-1000 bucks? Where are you getting these imaginary figures from and why does it matter

>> No.28731027

>>28730462
FUDders don't understand that VeChain is positioning themselves to become the AWS of blockchain. Sure, peddle your shitty ETH L2 solutions, but good luck getting actual enterprise adoption for real use cases. VeChain toolchain is an ez method to mass adoption

>> No.28731068
File: 341 KB, 844x476, 7348327493.png [View same] [iqdb] [saucenao] [google]
28731068

>>28730395

>> No.28731178

>>28730963
It's math you dumb bitch. Obviously, you assume a lot of stuff.

1000 VET at .05 cents = is 50 bucks. Say it hits .10, you got 100 bucks.

Lets use DOT now. Let's say you got 50 bucks worth of DOT at $28.9 meaning u got 1.73 dot. DOT is actually doing stuff. Look at its recent price action. To say DOT won't be triple digits soon is a lie. 1.73x100 = 173 bucks. You still made more even with meager amounts.

Stop trying to lure in n00bs to dump your bags in. It's really obvious.

>> No.28731223

>>28731178
>I'm not reading, you don't understand percentages kek

>> No.28731327

>>28731178
VET is doing stuff
">"He thinks he knows better than DNV GL

>> No.28731559

>>28731327
I'm sorry but the last thing that came from them was Cyprus hospital for a covid passport. That was 9 months ago. They've been radio silient. I understand not hyping projects for certain reasons, but the radio silence in this case is more concerning. A lack of hype can seriously help (DOGE) or hurt a project. The tokenomics certainly won't generate hype with 84 billion tokens.

>> No.28731691

been holding since 2018 will cash out on the next pump

>> No.28731705
File: 293 KB, 442x392, VeChain2.png [View same] [iqdb] [saucenao] [google]
28731705

I'm loving it

>> No.28731800
File: 198 KB, 768x1024, 1561282606034.jpg [View same] [iqdb] [saucenao] [google]
28731800

>>28725497

You know we're near the top of the Bubble already when failed Chinese scams from 2017 start appearing on the main page of nu/biz/.....

>> No.28731813

>>28731559
They are literally shilling their VeChain use cases all over twitter dumbass
https://twitter.com/DNVGL_Assurance/status/1359111956511285249

>> No.28731885
File: 55 KB, 1521x761, Untitled.png [View same] [iqdb] [saucenao] [google]
28731885

>>28731705
You know what is really manipulative about this announcement... look at the wording. It says they joined the group and became the first blockchain-based entity to join the China Animal Health and Food Safety Alliance (CAFA).

I'm sorry fren. I don't know what to tell you. It's hopeful though.

>> No.28731914
File: 118 KB, 1024x853, 1516906059004.jpg [View same] [iqdb] [saucenao] [google]
28731914

>>28726147
>It is consistently doing 100k+ transactions a day tho

For who? Wash trading on their own fraudulent little exchange?

>> No.28732076

>>28731705

Haha, all that staged 2017 shit.

Omisego taking pictures outside of google and mc'ds. Vechain bringing a roadmap out for everything from automobiles to agriculture. Fuck these chinkscams. Atleast defi moons our shitcoins and lets us generate more shitcoins for free. Creating more bubble. All good, dont pretend. Vechain wont do shit.

>> No.28732102

>>28731813
It doesn't mean MyCare is even popular bro. That partnership was made more than a year ago. You think everyone is on DNVGL Twitter? Get a grip dude and look for recent news in Google using "VeChain DNVGL"

>> No.28732113
File: 12 KB, 230x205, 1411748301001.jpg [View same] [iqdb] [saucenao] [google]
28732113

>>28728119
High IQ

>>28728336
Bagholder

>>28728495
120 IQ

>>28728518
1/10 peasant tier panhandling other to buy his garbage

>>28728634
110 IQ

>>28730395
128 IQ

>> No.28732265

>>28732076
you forgot about Waltoncoin doing a giveaway and giving it to their own employee and now WTC is dead

>> No.28732279
File: 45 KB, 694x684, 1526482106734.jpg [View same] [iqdb] [saucenao] [google]
28732279

>>28731705

Jesus, this is more pathetic than OmiseGoy trying to pull of le partnership meme.

To this day, the McDonald's corporation has not given a single dollar of business to those Gook fucking conmen for anything since they don't have a functioning crypto payment business.

>> No.28732766

>>28725689
You should call walmart and Deliotte to them they got scammed them anon. Jesus some of you anons are stupid or fudding. I'm betting your mom is also your aunt.

>> No.28732852

>>28732766
No one said these things didn't happen. What they did say is look elsewhere if you don't suck at crypto. If you are normie tier or enjoy being a n00b, do commit.

>> No.28732933
File: 87 KB, 461x820, u02zw6e1vzi01.jpg [View same] [iqdb] [saucenao] [google]
28732933

ahhh 2018 was truly the meme year

>> No.28733034

>>28732933
I remember that. What a joke. I also remember Ambrosus.

>> No.28733039

>>28732102
You misunderstand what VeChain is going for bro. Mass adoption doesn’t mean that VeChain and DNV GL are constantly putting out news articles. It means that DNV GL is moving towards mass blockchain usage and their normie customers have no idea it’s powered by VeChain. You think every customer that uses AWS shills it?

>> No.28733215

>>28725497
Shut the fuck up anon, I need this to stay under .10 so that I can roll other gains into it next month. Fuck, it's like you don't even want to make it. You're supposed to FUD the make it coins and shill the shitcoins!

>> No.28733229

>>28732766
LMFAO it's hilarious you guys still fall back on 'muh partnerships' after all these years. Imagine missing DEFI because you were too busy chasing breadcrumbs from phony POC hype.

You can definitely make money from this garbage but do NOT marry it, they will dump on you.

>> No.28733259

>>28725497
Thanks anon. Just bought 100k

>> No.28733309

>>28733039
No, but no hype means slow price movement. Quite arguably an argument against going in something that appears dead to an outsider.

What ruins it more is how high the market cap would have to soar to get decent price movement due to the 64/84b supply.

I could see this working for something like pharmaceutical supply chain where drugs need to be recalled, but what's up with this? What happened to Bayer? If you make announcements, you need to follow through on them and not hide them in the shadows. It just seems like nothing significant is going on worth mentioning. This project seems like heavy vaporware in some regards.

>> No.28733485

>>28733309
https://en.wikipedia.org/wiki/Confidence_trick

>> No.28733544

>>28733309
Fair enough. I guess we will see.

>> No.28733660

>>28733485
You realize I criticized it in all three points right? Like, I did nothing to appease you or try to gain you confidence?

Do you also keep a dictionary open of logical fallacies? lol

>> No.28733722

>>28733660
Please read it. Vechain is a confidence trick.

>> No.28733768

>>28733722
OH, I thought you were saying what I did was this. I get what you are saying about VeChain.

>> No.28733858

>>28733768
No anon, you concerns are valid and if you subject this 'project' to any serious scrutiny it is blatantly obvious that it is a confidence scam aimed at naive young adults.

>> No.28734045

I've been holding 68,000 VET since it was called VEN. Will I make it?

>> No.28734058

I've been holding for a while and don't plan on selling any time soon but can anyone explain the price stagnating/ going down?

>> No.28734130

>>28733858
This would be a long game con at the build-up / pay-off or convincer phase playing on the human characteristics of greed, opportunism, and dishonesty if I were to apply this.

>> No.28734328

>>28734058
Zoom out lol

>> No.28735292

>>28725689
Lmfao I fucking love this image. It's so fucking bad

>> No.28735462

>>28732766
Walmart China *
haha it's just a subsector in a shady corrupt country man, wake up.

>> No.28735576
File: 97 KB, 1641x461, Vechain 2021.png [View same] [iqdb] [saucenao] [google]
28735576

>>28734058
>>28734328
It's been bleeding against bitcoin and eth for like 3 years. One of the worst performing cryptos by far.

>> No.28735625

>>28735462
I know consultants that work for Deloitte that get hammered like no tomorrow and bust down afterwards. I hope the word "partnership" isn't doesn't just mean someone from Deloitte is being consulted. You really gotta wonder about the language with these things if no major progress is being made.

>> No.28735868

>>28735625
That's the scam anon. They give your company a couple million tokens to run a proof of concept and you use them a source of legitimacy for years thereafter. It's very much how Ripple bought failing Moneygram from a few million but saw their marketcap rise by $100 million and dumped on the retailers who bought the news.

The whole thing is fucking fugazi. They're supposed to be an enterprise chain but all their promo material is aimed at teenagers. Legit companies don't need to run token lotteries or have Xmen nodes.

>>28735576
No bro it's pumping from fundamentals bro it's totally legit do you know about WM china? It's totally going up because it's good not because retail retards are back in the market all of sudden.

>> No.28736130

>>28735868
>Ripple
>A scam
lmao

>> No.28736256

>>28735868
I heard someone mention the marvel thing. I had actualy research the vet nodes, thor thunder x mjolnir, etc., no we get xmen nodes? WTf lol

>> No.28736429

>>28736130
(you)

>> No.28736474

>>28731705
even reddit knows this is fake.
you're dumber than reddit.

>> No.28736674
File: 148 KB, 1080x1151, IMG_20210214_200220.jpg [View same] [iqdb] [saucenao] [google]
28736674

ill be back to post an updated version of this in a month when it's at 0.15
stay poor fudders

>> No.28736872

>>28736674
You know how u fucked up. Not going in harder at that price for at least an even mil stack. Lesson learned though.

>> No.28738266

>>28725497
lmao I wrote this up a few nights ago hammered in one of the VET threads. glad it's getting pastad.

I'll see you on the moon OP

>> No.28738615

>>28738266
sell signal

>> No.28738873

VECHAIN!

>> No.28738941

>>28738266
I saved it for future use. Thank you for your contribution anon.