VIDT pill

[Anonymous No.15127042]

serious question /biz/
Should I go all in on pic related? I need to make some money back, is this shit gonna do it for me?
>low mc
>still has yet to make a big exchange
>good tokenomics

If not, what has the best chance at making me some money back.

[Anonymous No.15127084]

got a 10k vidt bag here and sitting pretty comfy

[Anonymous No.15127117]

>>15127042
No, you should not. Here's why: Customers buy a SUBSCRIPTION plan, where they get 100 file verification for free for $55 or 300 verifications for $165 a month. Anything above this free monthly allotment costs $2.26 to $1.55, respectively. If you buy an enterprise level subscription plan, these prices are significantly less and adjusted by volume.

Therefore, the maximum amount of dollars a file verification could cost for V-ID would have to be less than $1.55. Except for $55 you get 100 file verifications, so that's 55 cents at breaking even. Add in a profit margin of 50%, now you're down to 0.27 cents. Then consider that enterprise level subscriptions get better prices based on volume, let's be generous and say it costs V-ID a whole $0.25 to do a verification because they make less profit per validation on high volume clients.

But wait a minute. The subscriptions also come with widgets, validation portals, staff training on-site, and most importantly (and expensively): customer service. So we know it's even less than 27 cents per file validation just to break even. Because some companies on the cheapest $55 option might only verify 100 files and will not go beyond their monthly allotment. Do you think V-ID would lose money on these clients? It's a bad buy anon, avoid at all costs.

[Anonymous No.15127177]

I'll destroy your entire FUD post with one sentance:

Clients pay a fixed FIAT fee and the tokens deducted are based on that using the current market price, NOT A FIXED TOKEN PRICE.

Additionally, tokens are divisible so your entire argument is bullshit.

Nice try pajeet. FUD harder

[Anonymous No.15127194]

>>15127042
Load up if you want to make it.

[Anonymous No.15127246]

>>15127117
But wait a minute. Not a word you said makes a lick of sense.

Token holders do not care about the company's profit margin

Revenue = Number of validations * Cost per validation in fiat

10% of that revenue is used to repurchase VIDT. It's literally that simple. It does not matter if the company has 5% or 90% profit margin. You, of course, know this.

VIDT is nothing more than a placeholder for fiat money, that allows data to be stored on chain within the token. The price of VIDT is irrelevant to both the company and their clients.

[Anonymous No.15127255]

>>15127117
Get fucked fgt hahaha

[Anonymous No.15127336]

>>15127117
how cucked do you have to be to spend all your time fudding a coin cause you've been thoroughly assblasted by the telegram.

[Anonymous No.15127492]

>>15127246
what did the bagholder mean by this

[Anonymous No.15127503]

>>15127042
Check out the website and watch some of their YouTube videos. Then read the white paper, it's pretty easy to understand. Ignore the fudder. He swung and lost and now he tries to terrorizes the TG.

[Anonymous No.15127623]

>>15127177
>>15127246
>>15127255
>>15127336
All verifications are free on all subscription plans. Hundred of validations are free for clients even on the $55 option. One validation is worth less than 55 cents, once you factor in profit margin and everything else the subscription offers to clients. When you do the math, it's around 11 cents.

Tokens are divisible, except no reason why it would be necessary. There's is a huge supply and it's a Chuck E Cheese token. V-ID could print eight trillion tokens out of thin air. It has no utility outside of the V-ID API. V-ID doesn't give a shit about the price, as they're paid in FIAT. V-ID makes majority of its revenue from subscription plans, servicing, and on-site training.

Token not needed. There is no staking and there is no reason to hold VIDT. Token is useless without a subscription plan.

The token has no utility. Why would hold 10,000 VIDT? Holding it in case V-ID comes on IDEX and buys it off of you? What reason is there to even do a buyback other than to pacify bagholders? It's also a security token in the eyes of SEC.

Welcome to the new pasta, fags.

[Anonymous No.15127651]

>>15127336
>how cucked do you have to be to spend all your time fudding a coin cause you've been thoroughly assblasted by the telegram.

[Anonymous No.15127708]

>>15127623
over 90k USD was spent on validations for the month of July. Keep lying though
>>15127651
way to admit you hold VIDT

[Anonymous No.15127754]

>>15127708
Incorrect on both counts. Keep lying though.

[Anonymous No.15127792]

>>15127754
>"I don't go in the telegram"
literally you yesterday

[Anonymous No.15127832]

>>15127754
450k VIDT was spent on validations last month. At 20 cents a piece, that's 90,000 dollars worth. Your claim is that most of the validations are free.

But guess what. The team bought back 9,000 USD worth of VIDT from the market. 10% of their revenue as promised. According to you, they never even made that money

[Anonymous No.15128021]

>I post factually-correct pasta, sometimes in the morning, during a break, sometimes at night
>Telegram trannies auto-respond within 5 minutes, regardless of the thread
Something's afoot.

>>15127832
>450k VIDT was spent on validations last month. At 20 cents a piece, that's 90,000 dollars worth.
So that's how much VIDT is worth: 20 cents. Because last month the price on IDEX was between 25 - 53 cents. V-ID charges a maximum of 55 cents for clients per validation. GG.

[Anonymous No.15128024]

>>15127832
The is where /our/ Raj has no choice but to start being dishonest. Let's wait for it.

[Anonymous No.15128041]

This guy is insane, wtf? Who has this much time on their hands? Like clockwork he shows up whenever this mentioned, it’s like he’s running bots to copy-paste the same shit over and over again

[Anonymous No.15128044]

Just sold my UBT for a 10k vidt bag. Hopefully we'll make it.

[Anonymous No.15128071]

>>15127042
pretty sure you're already all in, and your bag is heavy cause you bought the top

[Anonymous No.15128081]

>>15128041
Every day, every thread. Pure autism. You can't push it down to 85k vits Raj. Cut your losses and market buy.

[Anonymous No.15128156]

>>15128021
There's now dozens of people who've made a point to respond your FUD. Meanwhile you're the only person posting the same recycled bullshit. You had what, 40 something posts in the last thread?

"I don't even go in the telegram"
>posts a screenshot from the telegram

You're done. Go back to the SEC security FUD. Because that's all you've got left. As long as the team continues to spend real money on VIDT buybacks, equal to 10% of the revenue you deem to be bullshit, your point is verifiable nonsense.

[Anonymous No.15128221]

this is now a VIDT meme thread

[Anonymous No.15128241]

But the biggest meme of all

[Anonymous No.15128255]

is Raj.

[Anonymous No.15128289]

>>15128156
Your only counter-argument is that I once said I don't go in the telegram, now I go in the telegram. All while conveniently avoiding your previous point where you said,
>450k VIDT was spent on validations last month. At 20 cents a piece, that's 90,000 dollars worth.
20 cents a piece, yet the IDEX price was twice that last month. If VIDT is "worth" twice the amount, why would V-ID treat it as it's on a 50% off sale?

[Anonymous No.15128344]

>First 100 files for free

[Anonymous No.15128391]

This thing is a 20x within months.

[Anonymous No.15128460]

>>15128289
>literally yesterday
>"I haven't been in the telegram in ages"
>posts a telegram screenshot from two days ago

the price gets pegged at the start of every month. Your argument is actually devolving substantially. Before you had a trace of substance, now this is just ridiculous.

F

[Anonymous No.15128572]

>>15128460
>Your argument is actually devolving substantially. Before you had a trace of substance, now this is just ridiculous.
It's good that a bagholder whose /biz/ career revolves around replying to everything I write is now deciding whether my arguments have a trace of substance or not. Why don't you discuss "me" more in Telegram, write notes on what I may or may have not said a week ago, and get a few more random people banned for thinking it's me when it isn't.

FYI, only reason I have so many posts in these threads because I reply to replies and questions addressed specifically to me. I don't run away and try to weasel out of answering legitimate questions like you dishonest bagholders. You're shit at arguing and shit at flipping shitcoins for profit.

[Anonymous No.15128718]

ok guys, fuck it, imma buy, this looks like atleast a 5x from here

wish me luck

[Anonymous No.15128789]

>>15128572
The irony of a psychologically defunct full time FUDer judging how another person spends their time. My VIDT is still well in the green, but suppose I was red, what does that change about the argument?

if you are so honest, how about you answer these questions directly and candidly:

1) Why do you spend a non-trivial percentage of your life FUDing an obscure coin that you do not hold?

2) Why do you FUD this coin instead of the dozens of others being peddled on biz, all with higher market caps, worse tokenomics, and hallmarks of a scam?

3) 450k VIDT were spent on validations last month. As a result, per the tokenomics 45k VIDT were bought back from the open market. If you use the low price, this is 9,000 dollars worth. If you use the high price, this is 20,000 dollars worth. According to you, the company does not profit from validations. So where is the 9-18k USD per month coming from that allows them to purchase these VIDT with real ETH? And more importantly, why should a token holder care where that money comes from as long as 10% is being purchased each month?

[Anonymous No.15128880]

All this FUD confirms this is a perfect time to buy,

About to sell some REN and increase my VIDT stack.

[Anonymous No.15128977]

>>15128880
wise move, but it's literally just one person. Dozens of VIDT thread, there is only a single FUDer after all this time. He tries so hard, but none of it sticks. Compelling ideas spread.

[Anonymous No.15128995]

>>15128977
Just bought another 17K VID-T, COMFY AF.

Best decision I have made

[Anonymous No.15129037]

>>15127651
top kek this is so based

[Anonymous No.15129100]

Hate having to wait for alt season to begin, cmon ALTS! Pick it up

[Anonymous No.15129143]

>>15128789
Kek

[Anonymous No.15129163]

finna bouta buy some VID-T desu. What is a realistic ROI for this token?

[Anonymous No.15129189]

>>15129163
20x in a few months honestly...

[Anonymous No.15129192]

>>15129189
this sounds like a false flag

[Anonymous No.15129303]

>>15128789
>The irony of a psychologically defunct full time FUDer judging how another person spends their time.
I genuinely don't care how you spend your time. I don't think about you outside of these threads nor do I discuss my "epic pwns" with other bagholders in Telegram.

>if you are so honest, how about you answer these questions directly and candidly:
>1) Why do you spend a non-trivial percentage of your life FUDing an obscure coin that you do not hold?
A. It's no different than discussing Donald Trump day in and day out, which is a national past time. No different than fantasizing about waifus on /a/ or talking about a videogame's success you took no part in developing. I'm not in politics and I'm not in the gaming industry. FUDing an obscure coin or talking about what orange man said on Twitter has about as much inherit worth.

I used to own VIDT and did my research. I already know about the project, so I can confidently argue it.

I enjoy getting bagholders seething. Getting goldmine reactions such as >>15127651 or having everyone paranoid in Telegram and seeing you guys ban people who had nothing to do with these posts is amusing. As is seeing posts like "FUCK AMERICA PIGS, WHO CARES IF IT'S SECURITY" and other low IQ nonsense. Imagine being on the same team with retards like that. It's a small community, after all. I'd be nervous to hold a coin when majority of members make statements like that.

>2) Why do you FUD this coin instead of the dozens of others being peddled on biz, all with higher market caps, worse tokenomics, and hallmarks of a scam?
Because VIDT has people like you and the project gets threads daily. I never started a thread about VIDT, but if I see one, it gets the pasta. And because the market cap is low, I know that my posts matter. Which is why you cannot ignore them. If I can sway anons with my arguments and save them money, that's a plus. What's the point of fudding Chainlink?

[Anonymous No.15129318]

>>15129192
Its actually quite realistic, marketcap is only 5M right now, a 20x would only take VID-T to 100M marketcap.

There are coins right now with 700m+ marketcap and NO product.

VID-T is one of the very few cryptos currently generating a PROFIT and REVENUE with clients inlcuding IBM, AIRBUS, SHELL and AMSPEC.

You can take a look at the validation wallet for yourself, client usage is growing exponentially month on month,

Only reason why VIDT is so cheap because team made a working product BEFORE marketting, opposite to all other cryptos in this industry,

All of that combined with a confirmed tier 1 exchange listing (happening this month or next latest, as confirmed by team), there has never been a better time to buy

This is AT LEAST a 5x.

[Anonymous No.15129387]

>>15128789
>3) 450k VIDT were spent on validations last month. As a result, per the tokenomics 45k VIDT were bought back from the open market. If you use the low price, this is 9,000 dollars worth. If you use the high price, this is 20,000 dollars worth. According to you, the company does not profit from validations. So where is the 9-18k USD per month coming from that allows them to purchase these VIDT with real ETH?
The company profits from the monthly subscriptions which are paying for the validations. V-ID will never pay more than 55 cents per validation because otherwise they would lose money on each transaction. And it's closer to 27 cents when you do the math.

>3) And more importantly, why should a token holder care where that money comes from as long as 10% is being purchased each month?
Because that makes it a security.

You got candid, honest answers. Hope you're satisfied.

[Anonymous No.15129421]

>>15129387
Also another point regarding your pajeet-tier fud, that is only the first ever 100 validations, after that they have to pay 2 euroes per validation.

thus, again, you are retarded.

[Anonymous No.15129483]

>>15129421
>thus, again, you are retarded.
Actually, you're retarded. The "2 Euros" per validation is done so they move up one-tier on the subscription, where they get 300 validations for $165. And if 300 is still not enough, they can get volume discounts. Getting a client locked in for a month or a year is more profitable than nickel and diming them, where after each transaction they might look for alternatives. Basic online sales tactic.

[Anonymous No.15129484]

>>15129387
The cost of a validation in fiat has ZERO affect on the price of VIDT
The cost of a validation in fiat has ZERO affect on the price of VIDT
The cost of a validation in fiat has ZERO affect on the price of VIDT
The cost of a validation in fiat has ZERO affect on the price of VIDT

[Anonymous No.15129520]

>>15129387
You're a fucking broken record

[Anonymous No.15129570]

>>15129484
Did you look at the circulating and total supply? Price is not going up organically by the end of this year. Then the whale gets unlocked in 2020. It was /biz/ FOTM pump and dump.

>>15129520
COIN IS OVERVALUED
VIDT IS A SECURITY TOKEN

[Anonymous No.15129629]

>>15129570
youre the only person saying this

[Anonymous No.15129700]

>>15129570
You claim to be good at arguing, yet you continuously pivot via admission. This comes off as desperate and weak.

t. 175 on the LSAT

[Anonymous No.15129718]

>>15129570
AAAAAAAAAAAAAAAAAAAAAAA STOP FUCKING BUYING ITS A SCAMAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.15129732]

>>15129629
>youre the only person saying this
Because no one cares about VIDT. People who made profit already moved on. It's only bagholders now. Why would a bagholder call it a security or call it overvalued? And there are no other fudders, because no more serious gains can be made from this point forward. That didn't clue you in?

>>15129700
Zero examples provided. Terrible argument.

[Anonymous No.15129845]

>>15129732
>no one cares about VIDT
>it's only bagholders now
>a wallet that was rank 50 three weeks ago would be rank 80 today
>a wallet that was rank 100 three weeks ago would be rank 140 today
>a wallet that was rank 44 yesterday is rank 47 today
You're boring as hell

[Anonymous No.15129892]

>>15129845
Bitconnect and Dentacoin also had its fair share of whales.

[Anonymous No.15129914]

>>15129892
notice how every time a piece of evidence arises that contradicts your bullshit, you try (and fail) to spin it to fit your narrative, thereby killing the premise. Are you even trying to come off as objective? You suck at this

[Anonymous No.15129916]

when the FUD campaign is 1 solitary incel and he goes after it with religious fervor only seen by greedy fvcks who wish to accumulate more for themselves u know u got a good investment

[Anonymous No.15129937]

>>15129914
>you try (and fail) to spin it to fit your narrative, thereby killing the premise.
Because your premise is bagholder bingo material, seen all over /biz/ whenever a fotm coin dumps. Pure cope.

[Anonymous No.15129955]

>>15129916
Exactly. Please, please, go all in VIDT. Take up a loan as well.

[Anonymous No.15130079]

>>15129937
here's some more psychological insight. You operate under the guise of saving people from financial devastation. But this simply isn't true. You do not care about the well being of anons on an image board. Humans are not good at extending empathy that way. If you actually wanted to help people, you would be out volunteering at a children's hospital.

So why are you here? If you genuinely believed VIDT was a FOTM going to zero, you wouldn't be posting. You'd instead wait for it to happen before rubbing it in our face.

No, the reason you camp these threads all day, is because you are afraid of VIDT's success. You're afraid of these people making money. You want to validate your decision to sell. And the more you post, the more you signal your fear and desperation.

[Anonymous No.15130142]

>>15130079
>You operate under the guise of saving people from financial devastation. But this simply isn't true. You do not care about the well being of anons on an image board. Humans are not good at extending empathy that way. If you actually wanted to help people, you would be out volunteering at a children's hospital.
This is the stupidest pseudo-intellectual bullshit I have heard besides "holding VIDT is a great investment". Have you visited /adv/?

>You'd instead wait for it to happen before rubbing it in our face.
Damn right and I cannot wait because I gave plenty of warnings since I sold. How did I predict the bottom and the top? IDEX KYC? I also explained why I was here already. Take your meds.

[Anonymous No.15130209]

>>15130142
how much are they paying you? i refuse to believe there's a retard dumb enough to fud this for free. every time a VIDT thread is created you start shitting on it like it's the street in front of your shed. there's not a chance in hell you aren't profiting on spewing this brain diarrhea.

[Anonymous No.15130224]

>>15130209
I get paid 10 BRAP per post. Hope to buy an Xbox One by the end of the year. Why you ask?

[Anonymous No.15130383]

>>15130142
do you know you're full of shit or do you actually believe yourself? If you thought it was 100% going to zero, you'd fuck off and wait. But here you are. Probably have a stroke every time there's a green candle

[Anonymous No.15130412]

>>15130224
YOU LIE BRAP WOULD NEVER DO THIS

[Anonymous No.15130456]

>>15130383
>If you thought it was 100% going to zero, you'd fuck off and wait.
Not going to happen, Raj. VIDT thread pops up, SEC pasta drops. You can either ignore it or you can argue back and forth. I know your goal is to keep these threads bumped, thinking it's a great advert for the project. And I'll let you believe that.

[Anonymous No.15130485]

>>15130412
>YOU LIE BRAP WOULD NEVER DO THIS
Then I might be getting scammed too wtf? I should have like 20,000 BRAPS by now.

[Anonymous No.15130522]

>>15130485
>>15127042
Thanks for your FUD sir. I need to buy at 80k gwei then we can pump vidt together.... We're going to 80k guys!!!!!!

[Anonymous No.15130631]

>>15130522
Let's see if we can take this puppy to 30k gwei by the end of the year. Then I'll throw in my Xbox money and get a free Nintendo Switch as well! All in together!

[Anonymous No.15130636]

>>15127042
All in Holo

[Anonymous No.15131338]

>>15127117
I don't think they get 100 file verification for free every month, it's just a one time thing. And they have been buying back tokens every month so that's a proof that they are making profits

[Anonymous No.15131419]

I'm fucking /comfy/ as FUCK

[Anonymous No.15131502]

>>15127177
>mic
>drop

[Anonymous No.15132049]

>>15131338
He knows that. It's plain to anyone that can read

[Anonymous No.15132091]

>>15132049
Verifications are free. Says it right on the bottom.

[Anonymous No.15132101]

>>15132091
>Verifications are free. Says it right on the bottom.
/OUR/ RAJ

[Anonymous No.15132361]

>>15132091
Where?

[Anonymous No.15132429]

So what does everyone think about VIDT then?

[Anonymous No.15132449]

>>15132429
I am just counting down the days VIDT makes me a good 20X

[Anonymous No.15132502]

>>15132429
Most undervalued project in crypto. Not memeing

[Anonymous No.15132551]

I don't like the exchanges its on right tbqh...

[Anonymous No.15132564]

>>15132551
Yeah the market maker bots are making an impossible to do anything but accumulate. If we can get on a big enough T1 well be fine

[Anonymous No.15132690]

>>15132551
Where do you think Binance coins were exchanged before hitting Binance? Even fucking chainlink started out on Etherdelta which was the 2017 idex. Some of the top 10 idex coins are bullish as fuck, Id buy them before a binance shitcoin that has been on a downward spiral for a year and a half

[Anonymous No.15132903]

I sent 1000 VIDT to the smart contract on accident and I’m gonna try and get them back, wish me luck boys

[Anonymous No.15132909]

>>15132903
Good Luck

[Anonymous No.15132925]

>>15132903
How lol?

F

[Anonymous No.15132940]

>>15132925
Copy/pasted the smart contract address instead of Nano Ledger address when doing the withdrawal. I had a few beers and was messing with Ledger for the first time, costly mistake. It’s only $250 but it would be nice to have that since that’s an ez grand soon, I’m super fortunate I decided to do a test withdrawal instead of the full stack