/biz/ - Business & Finance

868,000,000 total coins.... More than half locked up to foundation and founders and strongest interest of partners. leaves approximately 434,00,000 to then! have 255,00,00 locked down is various nodes. This equals approximately 190,000,000...

Now here's some more math and common sense combined. Do you not think that 10,000 people, ONLY, 10,000 would want an extra smaller node themselves? What is 10,000 people times a minimum of 10,000 VET to obtain the smallest node? It's another 100,000,000... So from how hot this coin is, how GREAT! the bonus's that it gives (VOTING RIGHTS AS WELL HELLO!!!!), this is probably one of the only coins no one will want to get rid of. Only increasing the value. If there is approximately 100,000,000 circulating, divided by a 40 billion Market cap(LESS THAN HALF OF RIPPLE OR ETHER!!!!) one single token will be worth 400 apiece.

So all your conservative 50-100 a coin estimates is trash. Meaning you are trash. Do some math before you make bad bad bad estimates. You look dumber estimating less than doing some math and actually prove it will be worth more...

So please, anyone who doesn't properly know, stfu please.
>2/2

i love you for this anon.

>>5858290
thanks anon im all in now.

Good
Moon now so i can lambo up
I am ready

>>5858376
>>5858429
It is 唯链, roughly translated it means something like ‘the only chain’

Thanks I bought 100k

Nice post anon

sold my tron and link yesterday for this. I just woke up and im crying

>>5858579
Calm down, man. It's just money.

>>5858579
don't worry anon hodl your vechain and you will be crying tears of joy soon.

>>5858673
>>5858677

thanks, helped little bit

Ethereum is to Microsoft what Vechain is to Apple as trite as that is to say. Cyptokitties and scam coins vs Fortune 500 ICOs, and Daaps and tools..

>>5858290
can someone give me a quick tldr of what this coin plans to achieve

>>5858822

a colossal pnd

I have 600 VEN. Will I make it?

>>5858822
Ethereum for Enterprises plus RFID and NFC tracking supply chain and logistics. Counterfit goods is a 400b/yr problem but this is just one use case Vechain is a 100 year project being built. The infrastructure for China's SEZ smart city and silicon valley Gui'an will all be run on Vechain. Thor power will be the literal lifeblood of the city. 10,000 transactions per second. Raiblocks only 7000 TPS

>>5858897

11500 people will be listening to professor Sunny Lu on Wechat today. He casually dropped that Vechain will be integrated into WeChat in the last AMA like it was no big deal. Boxmining is about to talk about vechain in his next video. >https://twitter.com/boxmining/status/948870547684798467

Also if the Peoples Bank of China rumor is true, This will be a top 3 coin. Honestly, it seems likely to be true.

>>5858897
If anons prediction is even half right and it's $100 EOY you've made what, half a mil? 50% made it. Cba to count.

>>5859301
You mean 60k

>>5859194
11500? How do you come up with that number?

>>5859322
Ah I just woke up and I was thinking in terms of my native currency and not USD.

You guys ever hear of Jim Breyer? He's worth ~3billion USD. Well he knows the President of China personally. Smart money is getting in /biz/ much smarter than you and I senpai.
>https://www.quora.com/Which-cryptocurrency-should-I-invest-in-in-2018-Why/answer/Jim-Breyer

Getting so wet at the thought of this going to $100 eoy, I think to be conservative more likely be $50, even that gives me a massive rage on. Hope it turns out.

Early VEN investor here, the whales might even be VEN themselves doing this price suppression just to build it up even more for when it explodes, I always thought it was so strange that a coin that nobody really spoke on was getting manipulated like it was. A week ago nobody even talked about VEN and now it’s on its way to mars, I can easily see it going to 20-30$ in the near future. Their partnerships and team backing this project is fucking insane and I’ll be holding for a master node. Lots of faith in VeChain for these upcoming months and ultimately EoY when it’s in the 3 digits

>>5859622
forgot pic

>>5859676
Yeah, the walls are insane for just some whales trying to accumulate

fugggg I’m late to the party again

>>5859750
based Sunny Lu

>>5858290
Do they have any actual partnership besides that healthcare company?

You can speculate for years to come, but is there any actual hard evidence?

>>5859841
lmao see >>5858677
https://www.pwccn.com/en/press-room/press-releases/pr-150517.html
Also an official strategic partnership event with the CEO of DNV GL in London at the end of this month. Rebranding event in Singapore Mid January. In the photo is Elton Huang China Central markets leader and Shanghai office lead partner. Both PwC and DNV GL are more than just partnerships. You will see this month.

Should I dump my NEO for Vechain right now?

VeChain Airlines - last call for boarding. We are about to take off.

Just a tip, CPC is pulling the strings on this one.

dont listen to op he is part of that pump n dump group

https://steemit.com/xrp/@oneaday/1-community-for-crypto-signals-pump-and-dumps

they are targeting VEN

>>5860068
Yes Vechain is the ethereum of China. Vechain secured the National partnership that propelled NEO to its 10x in August

>>5860147
Reported.

Fuck off pajeet. Stay shitting in the streets.

40+ dev team
10,000 transactions per second! Rai blocks is only 7000 and that was supposed to be the holy grail.

https://www.reddit.com/r/Vechain/comments/7o184z/warning_mistranslation_about_breakthrough_in/

There is no announcement. Just a lecture being given on blockchain uses in the automobile industry.

>>5860418
>automobile industry

YEEEEEEE BOIIIIIIIIIIIIIII

I sold my REQ yesterday and bought VEN at ATH, please tell me it was worth it.

>>5860131
Who is the CPC?

>>5858290
I am almost certain that Vechain will go down after the competition on binance ends in a few hours.

Was the same with tron

>>5860439
Yes you did well just hodl. Time in the market > timing the market.
>>5860443
Communist Party of China
>>5860433
They seem to be dropping hints at BMW partnership Sunny said with a giant smirk on his face in the AMA he can't talk about it due to NDAs he would of straight up denied it if it wasn't true. Also vechain tweeted today about their video on the website which has a BMW car in it.
>https://twitter.com/vechainofficial/status/948795514585202688

where is the sellwalls?

wish there were no binance pump competitions and Sunny shilling on social media.

When does the competition end exactly?

>>5860594

What does he mean by "pulling the strings on this one"?

>>5860778

12h

Anybody know where livestream at

im fully accumulated. ETH deposit from coinbase finally fucking cleared. VECHAIN WILL MOON NOW I DECLARE IT IN THE NAME OF ALL THAT IS GOOD

>>5860892
It's an exclusive lecture. No livestream.

Vechain, is far from over... check this for news

https://discord dot gg/KuTbHQ7

Should I sell my ENG or XRB for VEN right now also?

>>5860832
China is backing Vechain. They are in control. IF the whole market were to crash Vechain would survive its been a store of value through the those last couple bitcoin break outs.

>>5861108
This makes me compfy and uncomfortable at the same time.

>>5861197
Ya never trust chinks but I think they have an incentive to have the price to be high and to have enterprises use it so don't worry too much

We're all on the same team

>>5861059
hold XRB for as long as you hold VEN

>>5858677
Post sources for news on those partnerships and i'll buy, street shitter.

WAKE UP FELLOW AMERIBURGERS TIME TO PUMP THIS SHIT

>>5861291
I did you cuck read the thread you lazy piece of shit I ain't your momma bird here to chew up your food for you. Vechain doesn't need your lunch money.

>>5861336
lmao what an entitled cunt. Probably thinks his $100 means something

>>5860594
>BMW car in it

>>5861291

Current Partnerships
PwC
DNV GL
RENAULT
MICROSOFT
D.I.G
KUEHNE+NAGEL
HYPERLEDGER
BABYGHOST
China Unicom - (Chinese Language)
MadeForGoods - (Chinese Language)
Jiangsu Printed Electronics Co., Ltd
A Global Convenience Store Franchise
Xiamen Innov Information Technology Co Ltd
Healthcare Co. Ltd
BitOcean

40k ven, never felt so comfy being all in, this will make me a millionair.
All you have to do is buy as much as possible and then hold with iron hands.

>>5860778
In 12 hours.
I am in. If I win 5k ven I will be ecstatic.
That will soon be at least 150 000 dollars

>>5861522

so i probably cant win since i just bought 1000 Ven. Is there somehow i can participate? :D

>>5861689
1 btc worth of combined buys and sells,
If you are skilled you could sell and rebuy your stack 2-3 times or so. should be enough.
You have 12 hours.

>>5861197

>>5861860

ok ty, will try. Can i see somewhere when im in or not?

>>5860594
lol, Jun skateboard all over again.

>>5861919
I don't think so.
Just look at the trades and see if they add up to 1 btc.
And just do it if you know you are able to. Don't loose your ven anon.
Use the sell walls to your advantage.

>>5861108
I wonder how high VeChain is going to go if it's Chinas designated crypto that they secretly have a majority control of.

>>5860405
behold our chink overlords that will make us stinking rich

>>5862213
Be careful of an organized dump later on to accumulate more

Just HODL all the way baby

>>5862213
top 3, within a few weeks.

>>5862012

i think i did it now, didnt lost any :)

>>5861989
no, it's not skateboard meme all over again, they already have partnership with renault, you think one with BMW is impossible ?

i hope it dumps soon.
so i can get 50k for a passiv income node

Can't wait for a major announcement to create huge FOMO

Also once the gooks are able to trade it, this shit is going nuclear

>>5861197
Its your way of paying of that big 17 Trillion USD national debt
Be comfy

We pumping BOYS!! 12 walls down in the last 24 hours

>>5862560
I don't know if my country has debt in China.

>>5862584
Buy walls getting higher and higher

>>5858290
Thanks just bought 100k

I have over 1200 ven. Make me rich you faggots! I want at least $100k from this!

>>5862623
as if 60 btc each weren't enough, now they are 75.
lmao, this is ridiculous. I hope the whale said the truth when He said walls will be dropped after the 5th.

What do you guys think will happen after the competition ends? Should I buy now or wait until after that competition shit

Thorcalculator.com here is a good site to calculate node rewards. The best we can go off for now is NEO/GAS and THOR will be about 40% the value of VET.

Don't say I didn't warn you!

This coin is going to tank a few hours before the volume competition ends. It is safe to sell now and wait until tomorrow to buy. Whales are only accumulating this for the big prizes. Afterwards the volume trade will normalize. Please annons, don't get dumped on. Shit has been going up for months.

>>5863047

>>5862669
>5862669
+1 for railgun

>>5863047
>Oh yeah I'm gonna win 150k car
>sell 1m VEN at 3.5 USD to do it
>oh yeah now I have 3.35m USD and 1 car

or

>Hold 1m VEN for a month
>Sell it for 10 USD
>oh yeah now I have 3.35m USD and 44 cars

Do you even whale bro?

>>5863040
I doubt it. It's likely to not even be 10% of the price of VET. The value of VET is free THOR. The price of VET is likely to spike high after adoption because it allows them to have THOR for any of their processes without having to buy off market.


I don't see THOR going over $50 or $100 within the next few years. VET can hit $500 but THOR won't be anywhere close.

>>5863334
This.

If i could put a 60btc wall i sure as fuck wont bother trying to get a bmw

>>5863686

that's some bullshit. it's not one individual it's an organised group putting up these walls. and they can't share a bmw

1k shilled hodler here make me millions anon

Could these whales take their walls off and let it go to moon?

even though im down in stats im still up in USD because etherum is just killing it kek

>>5863851
Chinks must be stupid or something

>>5863391
I expect it to be somewhere between 15-20%. It has a high burn rate and a high demand.

>>5864069
If the demand for it is high enough it would send VET into the thousands. Thor doesn't exist by itself. If the demand for it is that high then it won't be 10% of the price of VET it would be even less. Probably around 4 or 5% tops.

The two don't scale the same. When it first lands it will probably be close like Neo but as adoption occurs VET will far outpace the price of Thor.

>>5863047

Lmao. These whales don't care for a BMW. They are trading lambo's every 5 minutes man.

>>5863047
yeah, whales accumulate 5 million dollars of ven, to maybe win a 100k car.
sure.....

VeChan is shitcoin, XLM & XRP aren't

>>5864384

XRP exist just for the (((bankers))) to submit the crypto movement.

>>5863334
>>5860574

been posting this a few times today, so again, trading volume is in VEN/BNB only, and it's buys only. think about what that means eh

>>5864384
damn, you sure showed me.
Sold all my ven, Thank you dear sir.

>>5858290
sorry all, just bought some VEN therefore this coin will most likely bleed to death.

>>5864487
Yep
So I have no fucking idea what's going on
doesn't look like spook walls
doesn't look like competition walls
doesn't look like dumping walls

There is some serious action going on behind the scene, maybe spreading across community by Vechain themselves theory is correct.

>>5864672
The only three theories I have heard that make sense are
>Binance is doing it
>VeChain is doing it
>China is doing it

Someone will a lot of money is suppressing it. I'm inclined to think it's Binance because I don't think Huobi has those walls.

>>5864740
It's VeChain for sure. Too many hints now. But sooner or later they will let it fly.

>>5864851
For what purpose though aside from community distribution.

>>5864851
but why?
To make money?
Why not let it fly and make 10x the money later?
I don't get it.

>>5864900
Community distribution (they mentioned like 10000 times), more nodes in order to get a stable network

FOMO'ing hard right now

here's some more quality shilling: https://www.youtube.com/watch?v=wH2G_44x4vw

>>5865032
As far as I know only Thrudheim nodes secure the network.

https://support.binance.com/hc/en-us/articles/115003699452-Happy-New-Year-A-Competition-for-All-Binancians-VEN-Fans-

> Users will be ranked from 1st to 20th based on net purchases (Buys minus Sells)

Competition ends tomorrow, those buys have to get dumped somewhere: ON CLUELESS GULLIBLE FAGGOTS

Trading pair is irrelevant, the only thing this will do is slightly increase the price of BNB.

>>5864487

Shit.
I TA'd BNB/BTC some days ago and it looked like it was about to shoot up (textbook pennant pattern). Instead it's still stuck at the same level, only corrected upwards after the market crash.
If BNB is being converted to VEN, and previous VEN holders dump BNB for BTC it would explain what's going on.

>>5865181
Good. I will put a buy in at 100 Sats.

The price won't dip after the competition ends. They don't need to keep buying VEN, all they need to do is buy and sell right after for the 1 BTC volume.

Just look at the price for other coins before/during/after the competition. It affects mostly the volume, not the value.

>>5865493
there are 2 comps

>>5865683
and both will not have much effect on price

>>5865493

JUST READ THE FUCKING TEXT BELOW THE FIRST CONTEST. This is why millennials will stay poor, because they have the attention span of a two year old.

READ THE FULL TEXT BEFORE INVESTING YOUR PAJEET MONEY

> Trading Competition:

We have also committed a second BMW i8 and 100,000 VEN to give away to our fans and traders worldwide. Users will be ranked from 1st to 20th based on net purchases (Buys minus Sells) in the VEN/BNB market only during the competition period.

Jesus christ why do I even bother

>>5865918
It's either going to have a very slight dip before heading upwards or it's going to be a flash crash before going right back up.

You are overestimating the effect of the dump.

I don’t understand a word you said but I think its a good thing so I bought more, thanks

fuuuck, what do I do, have 15k VEN; 70k XLM, am whitelisted for Mobius, what do?

The walls look pretty retarded at this stage.

>>5865918
>VEN/BNB
970BTC of total volume in the past 24 hours.

That's only 11.8% of all VEN volume in the same period. Sure, it's significant, but it doesn't explain the BTC action.

>>5858290
Anybody else getting a Ripple like vibe from this coin? This makes me bullish

>>5867086
As soon as the PBoC rumor gets revealed, more partnerships (currently under NDA) are coming in, the rebranding is complete and VET gets added to more exchanges it will reach the top 5 for sure.

Easily a $30b+ coin

>>5867341
>>5867165
Having seen the moon missions in the past week I'm convinced that if the PBoC is actually true it will hit 30 billion inside of a week.

>>5867791
Day. We shall use neo as precedence