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/biz/ - Business & Finance


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14982331 No.14982331 [Reply] [Original]

I know this is universally hated. I have a decent stack of it, bought within the last few months. I never hear anything but bad things about it here. Why is there all this hate toward it? Not a shill. Seems like there are a ton of transactions, some real usage, maybe the usage not being pegged to some future projections, and it's already grounded in reality, makes it dead? Thanks.

>> No.14982376

>>14982331 chink coin

>> No.14982408

>>14982331
I think they fucked their credibility with the lies in the past during their big run. It seems like they do have legitimate stuff going now on a smaller scale, but all people remember is "The Rumor is True", The Coca-Cola Kid, Oxford. Also, tons of bag holders.

>> No.14982418

>>14982331
First rule of crypto: stay the fuck away from chinks

>> No.14982430

>>14982376
>>14982408
>>14982418
>bmw ‘partnership’ announcement

>> No.14982450

>>14982418
I’ve avoided being burned at least a dozen times by following this rule

>> No.14982481

>>14982408
This and the fucking lotteries and different node levels with childish names made them look like a multi-level-marketing company.

Now VET and VTHOR are even washtrading in their own OceanEx market.

Everyone should stay out of this scam.

>> No.14982536

>>14982481
>>14982450
>>14982430
>>14982418
>>14982408
>>14982376

Thanks guys. Will just stick with what I have, it's a smallish bag. I got screwed on it back in the day as everyone else did before they announced the 1:100 split etc. I do think holding VTHO is a huge scam since they say they will increase the generation rate if it gets too expensive.

>> No.14982537

Its funny how uninformed /biz/ is.
A decent amount of people here is stacking VET, but we dont talk about it. No reasons for vet to become a meme

>> No.14982636

imagine betting against a crypto partnered with Walmart

>> No.14982785

>>14982636
It is not even Walmart but Walmart CHINA and not the whole Walmart china but some individual warehouse that tests some poc with free VTHOR tokens.

This is an obvious case of China Hu$tle and yet there are people who can't see this. At least they have lost a lot of money which fucking serves them right.

>> No.14982948

Didn't they say they were going to buy back tokens to increase the price? If that's not the biggest red flag. I'm gonna get shit on for this but I have no idea why you fucking /biz/let's aren't pumped about Ambrosus. All of these supply chain coins popped up at the same time and they are all worthless scams with no progress. WTC was hacked after stating they were having the network audited lol MOD is trying to turn holders tokens into shares and VEN has always worked on hype marketing and bullshit. And then there is Ambrosus, actual mainnet, node operators being onboarded and bundles produced that generate actual rewards. I understand the "but not client bundles" complaint to an extent but ffs this project has only made great progress, they even have fucking hardware to sell! You can go look at their mainnet right now and see this shit for yourself wtf

>inb4 ahhh the link wallet duster
I just like AMB and don't understand why /biz/ never wants to legitimately talk about it.

>> No.14982977

>>14982537
Back to plebbit. Now.

>> No.14983038

>>14982636
this
I have been stacking VET sincethe token split and I'm comfy as a motherfucker right now

>> No.14983126

>>14982948
AMB is a scam. Remember when AMB tried to scam VeChain?

>> No.14983165

>>14983126
AMB cucked VEN out of their European trademark. That's a good indicator of incompetence, they're partnered with BMW a European company and yet they weren't even trademarked in Europe? Apparently they weren't even trademarked there almost a year after they announced that partnership holy shit

>> No.14983259

>>14983165
Why do you think AMB got denied of that name change? Use your brain, If you have any

>> No.14983273

>>14983165
And the BMW partnership with VeChain is still on. Go read a bok or something, or better yet, go educate yourself brainlet

>> No.14983425

>>14983259
They didn’t get denied faggot. Ambrosus owns vechain gmbh you imbecile.

>> No.14983550

>>14983425
Let us see how that is going to work out. I dont expect much from a AMB holder, but the flags are clear

>> No.14983560

>>14982376
This. If you're a lesser white like a spaniard or slav, you should refuse this shitcoin out of racial loyality, if you're a higher white like anglo or nordic, you should refuse this shitcoin because it endangers american supremacy by funneling money to the great enemy (chinks).

>> No.14983578
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14983578

>>14982536
>>taking advice from /biz

You must be new here

>> No.14983603

>>14983560
get off the crack pipe

>> No.14983674

>>14982331
Team consistantly fakes partnerships, the VeChain blockchain is broken, it's not really used for what it's supposedly designed for which is supply chain tracking. Literally everything about the project is a red flag. It's okay to hold a suicide stack in case a quick scam pump comes but if you're holding this for anything other than daily or weekly trading you're a brainlet.

>> No.14983715

>>14983550
Which flags? The over 100% yearly roi from holding a node on ambrosus? How much vethor is your xmannode generating a year? You can’t even buy a pizza with your vethor. Fuck outa here with that chink scam.

>> No.14984028

>>14983715
Let see how things sorts out for you

>> No.14984041

>>14982536
Stop listening to thede uninformed cucks. First of all its not a scam, if it is are you saying the San Marino goverment would team up with fucking scammers. Secondly everyone got screwed when the bullrun crashed.

Thirdly increasing Vtho generation rate is a feature. Vtho isn't supposed to be held. Its supposed to be sold asap.

Look at the two token system if you don't understand.

Look il give you an example.

I hold 100 vet. It generates 100 vtho.

A transaction on the vechain network costs 1 vtho -0.01$

So 100 vet has 1$ return per day

Vtho starts getting burnt.

Vtho demand increased. Price of vtho goes upto 0.10$.

That means one transaction costs 0.10$. Its too expensive

100 vet still generates 100 vtho. Vet now has a roi of 10$ per day.

So foundation increases vtho generation.

For 100 vet you now generate 1000 vtho.

Price of vtho goes back to 0.01$

But your vet roi is still 10$ because you've got 10x the vtho genersting per day via vet.

Your vet will also be worth more since it has a higher roi.

This is how vechain works.

>> No.14984060

>>14982481
There is no washtrading on oce faggot. Its usees using api bots which the oceanex doesn't control

>> No.14984105

>>14982785
>Outdated memes.

Vechain uses POCs to shill companies and make them see the value of blockchain. They discount vthor prices sure but afterwords they expand to the whole business. Now Wallmart is out of the poc phase. They spent 1 million dollars setting up infastructure for their company to track products using vechain. They pay for their own gas on the open marker. Theirs evidence of them buying it
Typic

>> No.14984123

>>14982948
>amblet
Actual mainnet

Then why are the tokens still erc 20 brainlet.

Vechain are having hundreds of thousands sometimes millions of real world transactions every day. Amblet is having none of that. Why, because they dont have the connections ven has.

>> No.14984140

>>14984028
literally kill yourself street shitter you are making completely uninformed comments
>they were denied the name retard
>no they weren't
>well let's see how that works out buy Vechain
fucking peanut head

>> No.14984164

>>14983560
>imagine refusing money because you made it from a different coloured person then you.

Top kek you deserve to be poor. Please never buy vechain its a scam and whatever. Close this thread and never come back. Go buy fucking 0xbtc lose your money and kys yourself. You'll be doing the world a favour you braindead skunk

>> No.14984208

>>14983674
Imagine believeing this shit. Your so uninformed it hurts.

>not used for supply chain trackinh
Tracks wallmart goods

>blockchain broken
works well enough for wallmart.

>okay to hold a suicide stack

Spends whole paragraph shouting lies only to say he holds a bag. Hmm

>> No.14984223

>>14983715
I hold a node. Iv made more from vechain thor dividends

>> No.14984268

>>14984223
post proof

>> No.14984353

>>14984268

No that would accomplish nothing apart from making it easier for you to dox me. A better thing to do would be to find that spreadsheet thatwas made working out how much you get per node.

>> No.14984393

I'll give you a small hint guys. Vechain is more long term im talking months till maybe early next year to make a good return. The quick short term return would be to look into oceanex exchange. Its the official vechain exchange and this is how corporations and vechain users are buying and have bought gas to use the vechain network. Wallmart themselves have bough 50 million gas from here a few times

>> No.14984397

>>14984353
A spreadsheet won't prove your statement. You said you have made more from Vthor dividends so show some proof. A spreadsheet showing how much one CAN make if the system works and has traffic doesn't equate to you already having made dividends on it. Also you could easily screenshot the masternode utility interface for AMB and block out your info to prove you have a node.

>> No.14984431

>>14984393
>long term for good return
I thought you were already making dividends? Why wouldn't you advise people to run a node right now if that was the case?

>> No.14984456

>>14983578

Or is it do the opposite of what biz says. It's always a mystery. Totally though LINK was a long con meme, still bought some, not nearly as much as I should have.

>> No.14984467

>>14984397
Its not worth the risk. Kimichi/versatti will know who I am from the info provided since he has access to the whole database of whos holding a node and knowing his antics will kick me off being a node for fudding amb.

Also what does me having to prove i have a node have to do with anything. We are talking about dividends here.

>> No.14984555

>>14984467
Because you're making claims comparing the dividends? Lol how can you compare if you don't have both? Your reasons for not providing proof show that you don't actually have a node and believe it or not there are fudders that got nodes even before supporters did because Ambrosus isn't some shady shit company like Vechain they don't care if you talk shit, if you've met the requirements for running a node and applied early you can talk all the shit you want and they'll onboard you anyway.

>> No.14984595

>>14984555
Checked as fuck. Amb 10usd eoy

>> No.14984686

>>14984431
I said i probably make more on vtho then on the amb node. This doesn't mean its a huge amount and theirs a higher moon potential on oce short term. Stop being offended cos i dissed amb lad

>> No.14984750

>>14984686
You didn't say probably you fucking liar >>14984223

>> No.14984801

>>14984686
Bitch ass nigga. Amb roi is over 70% yearly right now. Stop playing ya self

>> No.14984819

>>14984555
Okay forget the fact I have a node cos i dont even think ive been whitelisted yet so its not fully functional but thats going off track as we are talking about dividends, you seem to have a full working mode right, how much have you made. Also Amblets can get sensitive to fud as I found out from being banned on main chat just after anneesh left and a few times on price chat where I had to make alts to get back in. They also have kimichi paying then to literally shill back when the bull run was happening. Much shadier then vechain

>> No.14984900

>>14984819
I don't have a node. The point is that you said you had a node in both projects and the Vechain one was making more. Now you say that you haven't even been whitelisted for a masternode. Point being that you're completely full of shit and I don't even know why you're posting anymore.

>> No.14985048

>>14984900
I've applied for a node for amb, they haven't gotten back to me. I should have said i was in the process of getting a amb node but I exaggerated, sue me. The truth is these fuckers are so slow we've been waiting for a year at this point and been out of the loop because theyre taking the piss, im only even getting a node because ive made such a loss i might as well now but i havent bothered to chase up why i havent got an email yet. But I hear the mainnet hasnt even fully launched yet. Since your in the loop tell me what I've missed since beginning of the year. Use this an opportunity to shill to the rest of 4chan if you have to

>> No.14985339

>>14985048
lmao why are you still going faggot nobody that reads this thread will listen to you

>> No.14985373

>>14982408
The credibility mostly got fucked by all the cartoon characters involved that they paid to shill, like ShrekCIA, CCK and Krusty Cream but Sunny said some dumb shit too.

Real irony is now most folks hate Vechain even though it's the one most likely to have real success.

>> No.14985387

>>14985373
why is it most likely to have success they can't even protect their fucking trademark that's a ridiculous level of business incompetence

>> No.14985467

>>14985387
Simple, because business success is rarely about competence, its about timing, marketing and networking. Who you know not what you know and DNVGL is providing the "who you know"

>> No.14985800

>>14984456
Watch this video...it will reassure you that Vechain is a great fucking investment

https://m.youtube.com/watch?v=TibHH8lcbYs&t=1657s

>> No.14985891

>>14984164
This is natural selection selecting against racism

>> No.14986117

>>14982331
>imagine investing in a Chinese coin
>imagine it constantly dumping throughout 2018 and 2019
>imagine having retail investors with X-men masternodes to finance their Chinese GoFundMe scam
>imagine believing anything Sunny says
Back to r/vechain with those lunatics

>> No.14986376

>>14986117
>Imagine not believing anything the goverment of San Marino or PWC says.

>imagine being so entrenched in muh chinkscam that you fail to see the facts.

>Imagine being you

>> No.14986385

>>14985467
Dnlgv is not exclusive to vechain you fucking retard. They are working with amb to track all Koran beef.

http://nds.nongshim.co.kr/eng/busi/food/fdsfPage.do

You vefam faggots make me sick with how stupid and deluded you are.... how’s that Australian beef tracking going? You know it’s literally 2 family farms
>TWO FAMILY FARMS

>> No.14986400

>>14985339
>Being this retarded

You have no real fud against Vechain. All you have is some shit about Amb trying to steal some of Vechains trademarks.

>imagine being so desperate as to attempt to steal your competitors name

>> No.14986422

>>14986385
Do you see DNV Gl shilling amb on their social media and to all their fucking clients.

No?

Says it all really

>> No.14986435

>>14986422
>shilling
>using
Pick one Wong tang.

>> No.14986530

>>14986435
https://www.dnvgl.com/mystory/mystory-project.html

https://twitter.com/DNVGL/status/1154732780242317312?s=20

No thanks, I'll pick both

>> No.14986611

>>14982537
you need to go baxk

>> No.14986861

>>14986376
they didn't try they succeeded because Vechain is a scam that doesn't give a shit about protecting its trademark because they aren't a real business

>> No.14987664

>>14986861
This is so retarded it hurts.

>a scam, not a real business

A scam that has a working product, is being used, is being build on, is being utilised by goverments.

Your so retarded it hurts

>> No.14987831

>Imagine you are a business
>profit is all that matters
>you have some usecase that requires immutable data trail among other things
>VET/ETH/Literally every blockchain does this fine
>You now have to allocate precious capital to stake this shit or to fees or to any of the other costs associated with it
>There exists an option that has all the same functionality at worst, more at best, and its literally $0 investment on your part

Gee I fucking wonder what I'd choose. Literally every thing in this space is PoC stage. I dont care that X business spent some of their lets see if this tech works fund on your shitcoin or that shitcoin. Fundamentally the ecosystem with the least friction and least fees will have the most economic activity. And that ain't VET. Flip it for sats but don't get caught holding a bag of shit.

>> No.14988164

>>14982948
>If that's not the biggest red flag
Do explain. They are putting 25 million USD into buying their own tokens to use to stimulate their ecosystem. Now you may think this move is bad, or mainly for PR, but it is not half as much of a red flag as having no transactions on your main-net and a fucking tantrum-throwing gypsy project lead that posts on fucking reddit and 4chan.

>> No.14988170

>>14987831
But I like holding a bag of shit if it gives me a good return on investment...

>> No.14988247

Anyone remember FoxyIT? I'm right here. If you're interested, I'll give my honest assessment of VeChain in the current state. Might surprise you

>> No.14988263

>>14988164
>Alphabet (ticker: GOOGL) bought back $3.6 billion of stock in the second quarter, a quarterly record and up from $2.1 billion in the year-earlier period, First-half 2019 buybacks totaled $6.6 billion, above the $4.2 billion of the first six months of 2018. The company announced a new $25 billion buyback authorization, above the most recent authorization of $12.5 billion.

You acting like buy back is a new thing

>> No.14988878

>>14988247
No, and no.

>>14988263
wtf are you on about, read the fucking thread again retard, pay attention to those little coloured boxes and you may learn something..