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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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15604911 No.15604911 [Reply] [Original]

WHY DOES QUANT ALWAYS PUMP AND WE NEVER DO

ITS NOT FUCKING FAIR

>> No.15604914

>>15604911
Bc u r an faggot

>> No.15604978
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15604978

Token not needed. VIDT is a security token and will not be available on Coinbase or Binance There is no staking and there is no reason to hold VIDT for an investor. V-ID says that will be 12 Chuck E Cheese tokens or $1.55. Why would hold 10,000 VIDT? All verifications are free on all subscription plans. Tokens are divisible, except no reason why it would be necessary. V-ID hops on Hotbit and buys 1 VIDT from you and other anons. It's also a security token in the eyes of SEC. Repeat.

>> No.15604988

>>15604978
As the most of you already know.. the team really cares, the investors care, the main investors own both tokens and equity, enough reason for the company to act accordingly.
For new customers, the first 100 ever are free … not every month! Furthermore we cannot ‘print’ more VIDT tokens as there is a max supply that will only decrease.
The Token is not needed ‘question’, wow, I thought we were way beyond that but here we go again ; )
Client wallets serve as the KYC
After the KYC process, V-ID issues a client wallet for the respective customer. Each transaction from that wallet stands for the validation of a file from that identified customer. The token transactions are key to the identification and confirmation of the identity of the publishing party. A VIDT transaction is made which records all necessary details (filetype, validation location, timestamp, identity) every time an organization validates a file. The VIDT token used in the transaction will be deducted from the validating organization’s wallet.
Ease of use is key for adoption
The process must be as accessible as possible in order for the V-ID platform, and blockchain technology as a whole, to be adopted broadly by businesses. Because the V-ID platform is accessible through an API or the simple drag-and-drop interface our customers do not need to understand the technicalities of blockchain and how to handle multiple wallets, make transactions, understand gas pricing and transaction rates, etc..
Cost control
Validations can be recorded in several different blockchain at the time like Ethereum, LTO Network, DigiByte and Bitcoin. The V-ID token allows V-ID to control the prices for validations in VIDT, to enable V-ID to compensate for the constant fluctuations of exchange rates and transaction fees that come with the different blockchains that are used.
Transparency
Because V-ID uses a token, all transactions are public and traceable, providing transparency to our clients & investors.

>> No.15605014

>>15604988
>here we go again ; )

>> No.15605536

>>15604978
CAN'T READ NOT SELLING

>> No.15605583
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15605583

>>15605536

>> No.15605604

Hold both don't care.

>> No.15605609

>>15604911
ITS not fair :(

>> No.15606068

>>15605583
This is your tech illiterate friend. Give me a good coin to research.

>> No.15606077

Because vidt is a retarded useless project.

>> No.15606133

>>15606068
EDGE.

>> No.15606145

>>15606068
And ignore the price fluctuation that happens every week. It's a buy now, look back at it next year coin.

>> No.15606179

Also Flexacoin. But dump it as soon as you get 25% returns.

>> No.15606188
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15606188

>>15606145
3 month chart looks good. 6 month chart looks great. 2 year chart...

>> No.15606251

>>15606188
The bottom was already in and it’s only to keep going up. Company is making six million in revenue already and hasn’t even publicly launched yet. They’re hosting Empire magazine’s website. Among others. Read their website and all the pain points they solve for small to large customers. EDGE costs ten times less than Amazon or Google hosting. Once they’re closer to public launch, the pump squad will take care of the price. Too easy to shill it and the only fud there is in the “Edge me daddy” and that their old whitepaper contained a copy and pasted technical definition taken from another white paper. They’re not meant to take over AWS/Google, but a better replacement for mid-tier hosts like 1&1.

>> No.15606285

>>15606251
Ill check it out and confer with you tomorrow

>> No.15606369

>>15606285
I’m not into shilling it, but I felt bad for the pasta. I think you’re one of the most reasonable VIDT shills, to be honest. With good intentions. I just take it you haven’t yet seen how the pump squad works. It’s easy to tell which coin will be a good buy based on /biz/ sentiment. At least short term.

>> No.15606486

>>15606369
I don't care abt the bantz. I'm not a regular on biz until recently but I've been on the chan for a long time.

Thx tho I have enjoyed fighting with you and made me think about a lot of stuff. I have definitely been wrong about some things.

I still like VIDT for now but I'm not married to my bags. I don't really trust the other telegram trannies even though I'm active there. Not sure what my next play is desu

>> No.15606595

>>15606486
>I don't really trust the other telegram trannies
Made me lol. Yeah, all I read is /biz/ on here. No other boards other than /adv/ once in a while to help others, which is how I could always reply so fast to these threads.

Is the current price of VIDT significantly lower than when you bought in? If you have a lot of VIDT, might as well hold onto it. Doubt the price will go lower than 7 cents at this point. What VIDT needs is a burger friendly exchange that is not Hotbit. Kucoin would be great. If the price went up 20% out of nowhere, honestly, I would sell some of it and then wait for the next artificial pump.

>> No.15606744

>>15606595
>Is the current price of VIDT significantly lower than when you bought in?
I think I'm doing okay. I wasn't familiar with how epidemic pnd schemes were in crypto until recently, but I've been in penny stocks for awhile. I know how to read a chart and I'm familiar with moonboy sentiment. I let the price drop from 42 cents to 18 before my first entry.

I've probably bought 60% between 19-21 cents and 40% between 10-12 cents. You also persuaded me to swing the IDEX fud and I netted about 1.5k USD doing that. Wish I had waited longer to buy back in but the echo chamber got me admittedly.

All that considered it's relatively easy for me to break even, and pulling a profit at some point shouldn't be hard either if I'm not greedy. Assuming I wanted out.

My opinion is that the exchange will be KuCoin. The team has been pretty sensitive to American liquidity concerns, and we saw Marnix add the CEO of KuCoin on LinkedIn.


My stack is over 50k+ so I'm in the top 100 but just barely. I've considered selling half to derisk or wait for a more opportune moment to re-enter. I've been a bit bearish short-term lately because we haven't had any truly exciting news since AmSpec. I still honestly like the project long-term, but there is also the question of success of the company actually translating to token holders one must consider.

>> No.15606762

>>15606744
considered selling half at T1 pump*