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/biz/ - Business & Finance


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16265318 No.16265318 [Reply] [Original]

Thoughts on VIDT?

>> No.16265379

yes sir

>> No.16265393

>>16265318
>How much VIDT do you have?
Me: Yes

>> No.16265398

>>16265393
Same

>> No.16265434

I have sold everything, acronis FUD got me

>> No.16265464

>>16265434
It’s crazy how everyone only shops at amazon and everyone only uses windows computers and iOS mobile devices. No competitors in the market anywhere.

>> No.16265485

>>16265464
competitors exist in every market. this is a very niche market though. would make a decent one man side project, but it's not a multi trillion dollar idea like some of you fags seem to think it is.

>> No.16265516

>>16265464
Businesses like going with the safest option, especially when it comes to new technology, because the safest option means less risk. And I suspect that they will view acronis or similar options as the safest because it´s more established. Boomers don´t like new tech the involve crypto currencies, and they will avoid it if they can

>> No.16265531

>>16265516
>>16265485
There are about 36 businesses using it now, that’s only going to grow. Everyone likes to put blockchain behind something. Look at the increasing revenue? Do you think that will just stop lol.

>> No.16265621
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16265621

Im all in 100K VIDT

>> No.16265640

>>16265621
This anon gets it.

>> No.16265738

Here is a bread crumb

https://about.v-id.org/vidt-usage-dashboard/

>> No.16265768

>>16265738
This was a real eye opener for me. The acronis fud is pitiful.

>> No.16265821

>>16265531
exactly my point. helping 36 businesses commit hashes on a public blockchain is a one man side project. it's not a muli-million dollar enterprise. do you realize how fucking retarded you sound? just because it's a blockchain related startup, doesn't mean it's worth millions of dollars....it's not.

>> No.16265905

>>16265821
I mean a project actually generating revenue and not just minting tokens to dump on bag holders. Don’t see your why you’re so ignorant to that.

>> No.16265937

>>16265905
they are generating revenue, but aren't profitable. you do understand the difference, right?

>> No.16266024

>>16265937
How are they not profitable? They have legit businesses using their platform and are generating revenue. What other shitcoins do you hold that are doing that?

>> No.16266088

>>16266024
how are they not profitable? their expenses exceed their revenue. they aren't making more money than they're spending....
ladies and gentlemen, >>16266024
this is your average VIDT holder right here.

>> No.16266091
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16266091

Airbus is a customer of Acronis, FYI. Airbus Defence & Space is a division and has an even smaller division in Netherlands. And V-ID hasn't fully rolled it out yet, even though supposedly they have been a client for over a year. Uh oh. Show one single proof that Airbus has collaborated with V-ID on a large scale or let alone name-dropped them.

https://www.acronis.com/en-us/cloud/service-provider/notary/
>Allows customers to notarize files of any type via a web console or API, generating a certificate that provides publicly verifiable proof of its timestamp, integrity, and authenticity.
>Easy to sell, upsell or bundle: Universal service that fits business of any size and industry
>Key improvements in the Acronis Notary Cloud service will allow service providers to easily enable data verification via a new public webpage – eliminating the need to use the Acronis Notary Cloud user-interface to verify files.

Acronis Notary costs $99 for the whole year and comes with a cloud backup solution, HDD image creation, and all the validations are free. That's right, motherfuckers. Free. Because 99% of people who buy the cloud backup solution are not using notary services in the first place and they're subsidizing the transactions of those who do need the service. Large companies that do thousands of verifications a month and don't need a backup solution only pay mere cents per validation. Cents.

Why would any company choose V-ID over Acronis is beyond me. Not only is it cheaper, but Acronis also works with over a hundred Fortune 500 companies.


>>16265937
Of course he understands. They act like retarded nimrods intentionally: >>16266024 Don't even bother explaining, most anons realize the truth.

>> No.16266101
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16266101

Validating your whole god damn hard drive with Acronis Notary takes less than 70 minutes. V-ID validations take over a day (sometimes there are days with no validations at all) and bagholders watch over Etherscan like a hawk to calculate the number of validations.

Here's a quote from the Acronis Notary user manual:
>The notarization process can take up to 70 minutes. To reduce the cost of each notarization, the notary service collects hashes throughout an hour, then builds a hash tree based on these hashes and sends the hash tree root to the blockchain database. After that, the notary service waits for the transaction to become confirmed in the blockchain database, and then changes the statuses of the files to Notarized.
$99 for a yearly subscription, as opposed to $600 a year. No nickel and diming like with V-ID, charging you over $2 per file. Imagine how much it would cost to validate a 100 files with V-ID, as opposed to using Acronis.

>> No.16266137
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16266137

WE ARE ALL IN THIS TOGETHER DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT! VIDT IS GOING TO REACH $30 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING! VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE! EVERYTHING IS ENERGY AND VIBRATION ATTUNE YOUR VIBRATIONS TO MATCH THAT OF MONEY AND IT WILL FLOW TO YOU

>> No.16266189
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16266189

VIDT is a scam. Token not needed. They created VIDT for the sole purpose of raising money. Service idea came first and then VIDT got shoehorned into it. They needed a utility coin for an ICO, as otherwise it would have been a useless security token and have no chance of being listed on exchanges or being legal. They knew no one would want to invest in a "1 VIDT = 1 Validation" scheme because that would make it a stable coin and have no speculative value. Which also means that VIDT price doesn't matter to V-ID at this point, they already got their million dollars. Unless they want to dump. All buybacks are scams to raise the price, so you give them your lunch money and create liquidity to dump into when the time comes.

Acronis is a billion dollar company.
V-ID generates less than one million a year in revenue (which is not profit).
Acronis has more than 18 offices worldwide.
V-ID is ran out of a small shared office next to Subway sandwiches. They pay no rent, because of the daddy WIDIDI (their parent company)
Acronis has over millions of customers.
V-ID has 32 customers.
Acronis has a Wikipedia page: https://en.wikipedia.org/wiki/Acronis
V-ID doesn't even come up as a business on the sidebar of Google search.

Who do you think companies will want to trust more? Healthcare sector? The government?

>> No.16266190

>>16266101
>>16266091
Glad you saved the copy pasta for fudding.

>> No.16266228
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16266228

>ACRONIS WE WANT THE ACRONIS FUDDER HAHAHAHA IS HE ON SUICIDE WATCH HAHAHAH ACRONIS! ACRONIS!
Pic related is me when I drop the bomb that Acronis has nearly half a million companies using it, including the Airbus, which is info I have been sitting on for months.

>> No.16266249

>>16266190
You're not going to shill your shitcoin without resistance around these parts. I save every post I write, that way I don't have to put in the effort after you get BTFO, abandon thread, and make another one while I'm not around.

>> No.16266468

>>16266249
Are you invested in acronis, or are you just using them to help fud Vidt and accumulate? Or are you invested in a different crypto which you need to fud Vidt? Honestly wondering.

>> No.16266489

>>16266468
Once you sidestep and ignore the facts presented and start focusing on the motivations of another poster, you admit that you have no counter argument and got BTFO. Why don't you pick apart my spelling or grammar while at it.

>> No.16266535

>>16266489
That wasn’t even me lol.

>> No.16266686

>>16266535
Who said it was you?

>> No.16266858
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16266858

>>16266489
I'm sure you are fudding out of the kindness of your heart. Lmfao. Don't want others to get scammed right? Nothing invested? Lmao at this cope. Every time someone pulls one of these all you can do is laugh because you know the type of person that posts here isn't like thst.

>> No.16266871
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16266871

>i just fud so other anons can save their money

>> No.16266882

>>16266858
>Every time someone pulls one of these all you can do is laugh because you know the type of person that posts here isn't like thst.
Projection cope. You essentially admitted to being a scammer.

>> No.16266919

>>16266871
New shitcoins sprout up every week. Why would I put my money into something that has already been pumped and dumped when I know about Acronis and the profitability/viability of V-ID/VIDT. Acronis is being used by millions of customers and anyone who is on the $99-tier plan now has Notary services on their account for free. Acronis started pushing Notary last month as a solution for government/healthcare and they have to pay $0 for customer acquisition.

>> No.16266926
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16266926

>>16266101
>he doesn’t know how merkle trees work
You can’t verify a single file from the disk if you only stored the root hash. You have to store hashes for every file individually if you want to verify them individually. If a company wants to hash an entire disk as a single file it can do so easily with both vidt AND acronis. Good fud attempt though, better than your previous ones.

>> No.16266984

>>16266926
https://notary.acronis.com/verify
>Verify the authenticity of a document signed by Acronis Notary
Drag and drop, just like V-ID. Acronis can do individual files as well, you can select whatever files you want, including the root HDD. My point was that you can backup your HDD in 70 minutes while V-ID takes at the very least 24 hours, if not longer.

You don't deserve a gold star for your obvious bullshit. Well, you do deserve a gold star, but not the one you're thinking of.

>> No.16267219

>>16266984
Yeah my point is 1 file = 1 hash (but you can consider the contents of a disk as a single file. Which makes sense for a acronis: they are a data backup and protection company so they deal with large static chunks of data) There is no difference in capability between acronis and v-id. V-id has had batching transactions since may, so it’s not even 1 tx per file anymore. No idea where the 24h thing came from but the reason there are delays sometimes is because it allows for files to be stored in a queue and batched. Another reason is to avoid periods of eth network congestion and high gas fees. Meaning clients can afford these types of delays: if they couldn’t they’d just pay more to bypass the batching queue.

>> No.16267315

>>16267219
>There is no difference in capability between acronis and v-id. V-id has had batching transactions since may, so it’s not even 1 tx per file anymore.
Yet V-ID still charges clients per file. It doesn't matter if they batch them, they still bill them 2€ per file. Acronis does not. And Notary is not intended for backing up your hard drive, but for validating individual files, however the feature is also built into True Image software. But less than two months ago they made it so you can validate via API or through your browser as well.

>No idea where the 24h thing came from but the reason there are delays sometimes is because it allows for files to be stored in a queue and batched. Another reason is to avoid periods of eth network congestion and high gas fees. Meaning clients can afford these types of delays: if they couldn’t they’d just pay more to bypass the batching queue.
You make it sound like V-ID is doing this out the kindness of their hearts, but the reality is they do it because they can pocket more money by delaying the transactions until it's cheaper. They're paid in FIAT, clients are not paying ETH fees.

>> No.16267331

>>16266984
I’d rather have a decentralized multi blockchain backed verification over some centralized company. I bet you prefer banks too rifht.

>> No.16267354

>>16266926
>>16266984
>>16267315
Not sure why all the tech talk. You could easily just make money riding the defi and dag trend with Ferrum.

>> No.16267383

>>16267331
Too bad you're not validating thousands of files or in position of making decisions for a company, so no one gives a fuck.

>> No.16267407

>>16267315
My point from a previous thread stands: if acronis offers it for free that means it’s not their core product. Which means they are not trying to push it and they gain no benefit from promoting its use (in fact, they lose because they would have to absorb more transaction costs). If they decided to complete with v-id they by all means could, though it wouldn’t be “free” at that point would it?

>> No.16267437

>>16267383
And you are?

>> No.16267450

>>16267407
Acronis does not need to compete with V-ID. They're already the winner. And validating on a blockchain is not their core product, because it's a small nothingburger feature. Why not start a company that is based around resizing images or a flashlight app? That's what V-ID is in comparison. Notary is being pushed and promoted by Acronis, they have rolled out a new website and API/Browser app.

>> No.16267462

>>16267407
it's free because it's such a simple feature. it's crazy that you guys think V-Id is going to build a multi million dollar company pushing hashes to a blockchain as a third party service. this is such low hanging fruit, I imagine every blockchain as a service company or product out there will include it in whatever services they provide for free as well. if you think it's such a great idea, what's stopping you from spending the weekend spinning up your own app to do this? you could shill that as a side project instead of vidt and maybe actually make a few bucks for yourself. there's nothing special about this app.

>> No.16267477

>>16267437
No, which is why it's irrelevant whether I prefer banks or not. Acronis has millions of customers and many of them are validating files with them right now. Numbers and facts talk, not "muh decentralized" moonboy opinions that have no basis in reality.

>> No.16267476

>>16267462
an don't even try to cry first mover advantage as an excuse. they have 36 fucking clients. wow, such market dominance.

>> No.16267520
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16267520

Chuckecheese token scam

>> No.16267573

>>16267520
Ah guess this repeat fuddler is late to the thread.

>> No.16267596

>>16265485
>multi trillion
Nobody thinks that. Unless they expand their usecase, which they are actively, but a couple billion MC on a speculative crypto rally? That I can see.

>> No.16267606

>>16267596
Based

>> No.16267625
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16267625

Bagholder BTFO and shook.

>> No.16267632

>>16267625
Nice work, good buy signal.

>> No.16267644
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16267644

stay skiddy pajeets, nobody's buying your scam tokens

>> No.16267663

>>16267632
>15 posts by this ID
>Freaking out twice
Shook.

>> No.16267706

>>16267663
Nah I’m happy with my position and the constant fud let’s me know I’m in the right place.

>> No.16267754

>>16267706
>Nah I’m happy with my position and the constant fud let’s me know I’m in the right place.
The human mind can become quite resilient in face of impending doom and loss.

>> No.16267823
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16267823

>>16266189
>Can I replace the token with a stablecoin? Why not?
>Technically you could, but VIDT has been praised on its innovative tokenomics.
>A steady rise in value is a great reward for our investors. The buyback and burn program stimulates natural deflation tied to our business performance.
OH NO NO

>> No.16267921

>>16267823

What the fuck is the issue here?

>> No.16267946

>>16267921
I believe they’re implying it’s an unregistered security since that states buybacks will increase the price.