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

/biz/ - Business & Finance


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18486900 No.18486900 [Reply] [Original]

Just found the wallet of new manufacturer client of VIDT which they have hyped for four months now. https://etherscan.io/token/0x445f51299ef3307dbd75036dd896565f5b4bf7a5?a=0x36bc1e83b093345ec8b8d36ba945a6ff8a976124 That's almost 150$ used in this month already! Huge things are coming guys.

>> No.18486911
File: 582 KB, 1440x2704, 1586831193917.jpg [View same] [iqdb] [saucenao] [google]
18486911

>>18486900
rue volume of VIDT as their market maker stopped wash trading for a while.

Competitors of V-ID include these companies (yes, they validate in blockchain like V-ID)

https://www.trueprofile.io/
https://notary.acronis.com/esign
https://www.ledgerinsights.com/pwc-onfido-blockchain-identity-platform-uport/

V-ID has absolutely nothing special to offer and every single one of these companies are much bigger than V-ID and those are just examples. By using google you can find many bigger companies already offering the same solution. All without a fucking token.

Only reason for VIDT is V-ID to use it as their funding. They did this probably because of how much easier it is to get funding by doing an ICO compared to traditional methods. While all of you retards don't think this is a bad thing we need to remember that they failed every single investor when they minted MILLIONS of new tokens worth 500k$+ to their "fund wallet". What do you think will happen once they dump more tokens from it when the natural volume of this shitcoin is less than one btc in a day?

While VIDT is okay as a company, it's not so much for the investors. They lied to us by promising us an equity in the company which they took back. Many other projects have done the same thing so we know it's bullshit. Did any of you retards even try to ask why it's not possible? Without VIDS this token is worth almost a zero.

Their business has been stagnating for over six months now. The latest new client which has used more than 1000$ worth of VIDT came out over six months ago. Their other clients have been stagnant or disappeared. So far we are far away from the fast growing startup company we were promised to. I also know their new client but out of respect for some members I won't disclose it. All I can say is that it sucks a lot and won't give you guys anything to be happy about.

I'm fudding because I got banned from their Telegram channels, not to buy this sinking ship.

VIDT = SHITCOIN PND SCAM

>> No.18486926
File: 403 KB, 1556x2067, 1586831413492.png [View same] [iqdb] [saucenao] [google]
18486926

>>18486900
https://www.gbgplc.com/products/gbg-idscan/
Just found a company offering the same solution for the same problem V-ID is doing.

"With a rich heritage of more than 30 years, offices in 18 locations worldwide and more than 1,000 employees globally, GBG proudly stands as the global technology specialist in fraud, location and identity data intelligence."

NO FUCKING TOKEN! VIDT IS GARBAGE

>> No.18486937
File: 43 KB, 1214x411, 1586831876179.jpg [View same] [iqdb] [saucenao] [google]
18486937

>>18486926
Vidtiots should also know that it doesn't matter if you offer a blockchain option or database option. The only thing which matters is the end result which is the same on both expect that V-ID costs two times more. Why else would these guys use this option? These are huge companies who know what they're doing unlike V-ID's small customers who make 90% of clients.

>> No.18486966
File: 920 KB, 1440x2561, 1586835925237.jpg [View same] [iqdb] [saucenao] [google]
18486966

Reminder to everyone

Buybacks are worth 15k$ and it doesn't matter if the token is worth 2c or 20c. They have been not able to increase this amount which is the main reason why it will never moon. This token is an endless pnd shitcoin. 15k$ buybacks are not enough to sustain bigger than 3m$ market cap. The scarcity doesn't matter for years as they have almost an endless vault to sell VIDT to their clients and they can just change the tokenomics again to scam holders.

>> No.18487011

stop this scam is dead already

>> No.18487042

>>18486900
I want out of this shitcoin so badly.

>> No.18487066

Things VIDT taught me : Never invest in a project which has a truck driver as their smartest community member.

>> No.18487087

Vidiots reaping what they sow

>> No.18487119

Tell me your TG username and i'll unban you. No one is banned for fudding

>> No.18487154

also, which manufacturer was this wallet hyped as? And how did you identify it

> https://etherscan.io/token/0x445f51299ef3307dbd75036dd896565f5b4bf7a5?a=0x36bc1e83b093345ec8b8d36ba945a6ff8a976124

you're just pulling things out of your ass

>> No.18487184

https://venturebeat.com/2019/09/18/acronis-raises-147-million-for-tools-that-back-up-protect-and-restore-data/

Hmmm should I invest in a shitcoin which is competing against Acronis who are backed by Goldman Sachs? VIDT is backed by degenerates with no money.

>>18487119
I have seen many guys getting banned for raising negative sides of VIDT. Your chat is a huge echochamber like Quamfy Lounge.

>> No.18487189

>>18487119
back to TG dumb boomer

>> No.18487198

>>18487154
That wallet is their biggest new client so far in 2020 (150$ worth of VIDT used) so it's the only logical choice. Their amount of files validated in one transaction also says something..

>> No.18487246
File: 60 KB, 574x435, 1584884411187.jpg [View same] [iqdb] [saucenao] [google]
18487246

>>18486911
>>18486926
>>18486937

What a shitcoin, plus the CEO died weeks ago of Coronavirus

>> No.18487290
File: 154 KB, 1070x800, 63b97a00-4165-4450-9501-aba48f929de0.jpg [View same] [iqdb] [saucenao] [google]
18487290

https://www.helpnetsecurity.com/2019/09/19/acronis-valuation/

“We are excited about Goldman Sachs‘ investment,” said Serguei Beloussov, founder and CEO of Acronis. “In 2018, Acronis achieved 20% business growth, and in 2019 it is on track for over 30% growth with the Acronis Cyber Cloud business growing by over 100%. Recently we announced the Acronis Cyber Platform, enabling third-parties to customize, extend, and integrate our cyber protection solutions to the needs of their customers and partners. The investment round led by Goldman Sachs will help us to fast-track the product development through acquisitions of companies and additional resources, and accelerate the growth.”

1B$ company vs V-ID which is probably valued at 1M$. Who wins?

>> No.18487337

>>18487184
Name one or give your own username and I'll unban right now. You're full of shit and ducking
>>18487198
another dodge. I'll ask again. Which client does that wallet belong to? You can't tell from looking at etherscan and that info is not disclosed

>> No.18487346

>>18487290
Congrats you made me sell. Fuck this shitcoin.

>> No.18487388

>>18487337
I have already deleted my account and I'm lurking with my alt now and I'm not interested in participating with your degenerate discussions. You have banned MULTIPLE persons without any reason just for raising some possible red flags like you do in QNT chats.

The only logical choice is that it's their new manufacturer client as it has big tx's and has started just now. Other clients who started in 2020 amount less than 50$ of VIDT used. They announced their new manufacturer client in January remember? I know the company and it's fucking garbage.

>> No.18487401

>>18487346
Congrats you smart anon. I'm happy that my FUD has helped someone to make better financial decisions! Let's destroy this Dutch scam together.

>> No.18487430

Worst PnD in 4chan with LIT, HOWDOO and TRB. VIDT is a fucking scam.

>> No.18487452

>>18487388
>no answer

>no answer

So basically this entire thread is built upon lies. But they're deft enough to fool someone who doesn't autistically study this coin

>> No.18487471

Who the fuck even validates anything else than small files in Blockchain? That's extremely expensive and database options are multiple times better in terms of price/performance ratio. Literally every huge company is still using normal database solutions and that will never change. It's more than 2x the price of database solution.

PRODUCT NOT NEEDED

>> No.18487483

I lost $5k on this scam. that's what i get for trusting a dutchman. never again.

>> No.18487498

>>18487452
How do you know that V-ID's clients are actually making the majority of validations? We don't know which company is which and 80% of validations could be work of the team. Just use common sense. The wallet I linked is the new manufacturer client just as much as V-ID is not manipulating you and doing some validations themselves.

>> No.18487513

>>18486900
The effort those clowns put into FUD this shitcoin.... I think this could be the next LINK or QNT epic coin I was looking for. The project actually looks fucking strong.

Thanks guys

>> No.18487528

>>18487452
Are you stupid? Fucking pajeet gtfo.

>> No.18487544

>>18487513
What's strong about it? The fact that startup company has ZERO growth in the last seven months and all their new clients are using the service with less than 150$? You fucking degenerate.

>> No.18487550

>>18487498
true lol, amspec probably validating like a bunch of documents every other month and the team just fakes the rest

>> No.18487568

>>18487550
That's just as likely as that the wallet I linked is not their new manufacturer client with 150$ worth of validations in April.

>> No.18487596

>>18487544
They already achieved more adoption than 99% projects out there. They have multiple companies like IBM, AmSpec or Airbus with high demand of the service. I think you are not being fair with this project.

>> No.18487638

As a former VIDT shiller who had faith in this project I sold over a month ago in favor of a different shitcoin.

>> No.18487647

>>18487596
The problem is that they are not growing and this product is useless for 99% of companies as explained above. AmSpec and Airbus are not big enough to make this token profitable for any holder. IoE project with IBM is just a trial. Who do you think is buying the data they're generating? Fucking nobody. That's the reason why IBM will not use V-ID after six months.

AmSpec validates more files than Airbus so the size of the company doesn't automatically translate into use of V-ID as we can see because AmSpec is their biggest client who amount for 50% of the usage. What if they decide to stop using V-ID?

>> No.18487684

>>18487638
Tellor?

>> No.18487732
File: 13 KB, 272x541, NlXmy67.png [View same] [iqdb] [saucenao] [google]
18487732

They are losing clients... VIDT is a sinking ship.

>> No.18487760

>>18487732
Nice find anon. Time to sell this crap. FUD is getting too strong.

>> No.18487788

sometimes i wonder if these fud threads are a cry for help, hoping that some anon will btfo of your logic to prove that the bags are still worth holding on to.

>> No.18487799
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18487799

>>18487732
OH NO

>> No.18487811

>>18487732
There are a long list of big-med-small clients. You literally took the screenshot from the smaller ones in the list. Why don't you show the ones that validate 60k documents per month like AmSpec?

See your FUD is getting ridiculous....

>> No.18487814

>>18487788
Nope. Just doing my part of cleaning /biz/ from pajeet shillers and getting justice to these scammers.

>> No.18487835
File: 2.30 MB, 2000x1339, its-over.jpg [View same] [iqdb] [saucenao] [google]
18487835

>>18486911
>What do you think will happen once they dump more tokens from it when the natural volume of this shitcoin is less than one btc in a day?
No bagholder will ever address this. The real daily volume, across multiple exchanges, was truly around 1 BTC.

>> No.18487850

well i am 100% convinced, selling, and putting the money i'm lucky to still have into link, and then never selling

>> No.18487860

>>18487684
Unironically DNA

>> No.18487863
File: 59 KB, 512x288, vidtteam.jpg [View same] [iqdb] [saucenao] [google]
18487863

How can I dump this shitcoin? There's not enough volume to dump my bags. I want out of this shitcoin. So much for promised growth..

>> No.18487865

>>18487647
You look desperate

Btw IBM is not planning to leave us in the next 6 months.

They actually have expansion plans like integrate V-ID validation service into IBM Watson being available to thousands of companies around the world.
Also they have the IoE project where they stated would cover the whole Netherlands with sensors (They already set up one of them an plan to move forward).

Please FUD with something better... l

>> No.18487910

>>18487865
Who do you think needs that kind of data they can offer from their IoE project to them? They didn't state that they're covering the whole Netherlands with those sensors. That will not happen as they are not profitable for IBM. Fucking nobody.

Who needs their files validated in a blockchain at huge price when there's much cheaper options available as mentioned above? You should look at the clients who are using over 50% cheaper traditional database options which are 99,999% secure compared to 99,9999% V-ID is offering. It makes no sense to pay double the price if you're trying to run a profitable business.

The fact is that they have not grown in the last seven months and token is not good for holders. V-ID as a company is meh but their token sucks hard for holders. You own 0% of the company.

>> No.18487916
File: 290 KB, 924x941, ibm-partnershit.png [View same] [iqdb] [saucenao] [google]
18487916

>>18487596
>They have multiple companies like IBM
No, they don't. The sensor is a project of DIGITAL MAINPORT and V-ID tags along to provide a small part of the overall picture. That's like saying I started a band (Digital Mainport), but then my sound engineer (V-ID) goes on social media saying he's in the band.

Actually it's not like that at all because V-ID never claims they have IBM. Only bagholders do.

>> No.18487924

>>18487863
Just try to sell in small amounts and put a limit buy order. Degenerates will buy it in couple days. Good luck friend, it's hard to dump this shitcoin with no real volume.

>> No.18487930

>>18487850
>>18487865
Read my post one more time, sir.

>> No.18487946

>>18487916
Good lord, it’s amazing the lengths people will go to shit on a coin they don’t even own. At least this is out there so anons can recoup a little bit of their investment though. But jesus, bring down the autism a notch.

>> No.18488013

https://hackernoon.com/a-simple-blockchain-application-for-data-verification-c288a64e0d24

How to copy V-ID with 17 lines of code in just under 10 minutes and save 95% of your money!

>> No.18488044

>>18487865
>They actually have expansion plans like integrate V-ID validation service into IBM Watson being available to thousands of companies around the world.
They also do not have this as a plan. V-ID only has the ASPIRATIONS to be integrated.

>>18487946
You had faith in this project. Opinion invalidated.

>> No.18488060

Congrats on making the thread which finally made me sell this scam.

>> No.18488061

>>18487946
In fact, you're partially responsible for anons losing their money. You should feel bad. Bad anon. Bad!

>> No.18488099

Why is everyone holding it talking like a fucking retard? VIDT has the worst community of any coin. It's like Quamfy but just worse because people are actually too stupid to realize that they look like retards.

>> No.18488117
File: 376 KB, 810x964, 1582301858177.jpg [View same] [iqdb] [saucenao] [google]
18488117

>>18488099
Let's point and laugh at the retard in pic related. HAHAAHAHAHAH

>> No.18488131

Worst pnd shitcoin ever. VIDT = SHITCOIN

>> No.18488154

>>18488117
FYI: It was 23 cents at the time of these post. Now it's 6.

>> No.18488174

VIDT is being manipulating to cause YOU to FOMO so that the founders can enrich themselves with your hard earned money and then go and fuck ur SEA wives.

> 40% immediate token unlock
> 40% fake clients
> Buyback can stop anytime
> Penny pinching customers for each file
> Acronis does the same service for free
> Bitcoin Cash can also do it for free
> Office in a residential area
> Office is literally a subway shop
> 2 Hour pump and dump by the founders
> losing the binance vote to a nothing burger
> Community leader went all in the opposing coin

TOKEN NOT NEEDED. Seriously, just verify using your eyes lol.

If you still hold your token

>> No.18488250

checksum coin lol
clown economy that any business even buys this

>> No.18488294

Show proof that all 32 clients V-ID has are paying customers and the team didn't offer a free or discounted trial run to boost their numbers to make VIDT more appealing to investors. Validating a file on a blockchain costs no more than 1 VIDT (less than 10 cents), but the team is supposedly charging 10-16 VIDT for clients for essentially doing fuckall but providing an interface to interact with a blockchain. That's 10X profit per file. If you had a company, ready to validate 100,000 files a month, would you want to pay $10,000 or $165,000? All you have to do is a five minute research to save over $100,000 a year.

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. You can contact Acronis support and get the pricing structure, if you don't believe me.

>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.

>> No.18488313

So many smart anons here. Incredible. FUCK VIDT

>> No.18488330

I lost $5000 on this scam

>> No.18488341

Apparently this thread made 3 people sell, yet the price has not moved a single fucking sat

how many VPNs do you have schizo

>> No.18488414
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18488414

>>18488341
Market maker always pushes it back to around this range. Did you not notice all buy orders disappear? Next buy order is at 966 sats.. Someone sold.

>> No.18488439
File: 259 KB, 301x301, 1559430169079.gif [View same] [iqdb] [saucenao] [google]
18488439

>>18488341
>looks at the price out of panic after seeing these posts
>counts the number of shitposts about selling
>admin of the Telegram, talking about the project even on here (one place is not enough)
Take your meds.

>> No.18488466

>>18488341
I don't use VPN and as you know 4chan blocks them.

Revenue in crypto doesn't mean shit in crypto anymore. There's multiple projects who make revenue now. VIDT is nothing special anymore. Ocean, GET, QNT, COTI, LTO, UBT, POLY, and tens of exchange coins are generating revenue now.

>> No.18488518

>>18486966
>15k$ buybacks are not enough to sustain bigger than 3m$ market cap

it's 180k$ a year which is more than 6% of the supply each year, pretty decent i'd say.

>> No.18488548

>>18488518
That doesn't translate to 6% gains. Everytime VIDT price moves holders change. If VIDT dumps to 2c it's going to get new whales who will dump it at 6c and the same selling pressure is there again. They need to increase that amount from 15k$ to make the price appreciate or run out of VIDT in their wallets which is not happening for years.

>> No.18488615

>>18488548
true, and btw do you know what they will do once they only have ~1.5m tokens in the validation pool and they will to send need ~1.6m tokens in the validation wallet?

>> No.18488638
File: 86 KB, 530x426, last-exit.jpg [View same] [iqdb] [saucenao] [google]
18488638

>>18488518
>buybacks only happened for about one year to this point, funded by ICO (which was 6 million)
>this will go on each year into the future
LMAO.

So where did the 3.4 million dollars go? They had to unlock millions of tokens and dump on everyone keep funding for further development. What did they accomplish with that money? Other than give them out left and right to pajeets, contest winners, exchanges, and advisors. That much money would have paid the salaries of the best programmers in the world working for Netflix or Facebook and have another 2 million leftover.

Again: where did the 3.4 million dollars go?

>> No.18488705
File: 110 KB, 699x375, BuybacksDividends_SnP500_Aug2_2019_pbYardeni_res.png [View same] [iqdb] [saucenao] [google]
18488705

>>18488518
https://www.nasdaq.com/articles/5-high-yield-dividend-stocks-with-great-buyback-programs-2020-03-05

As you can see 6% is nothing that special. Remember that these stock companies offer you equity and are much more safer investments than a startup like V-ID. 6% buyback yield for VIDT which doesn't give you any equity from a non-growing startup is a bad deal. VIDT also doesn't give you any dividends so in fact it's almost worse investment than 95% of companies in SPX.

>> No.18488718

>>18488615
That will happen after 5-10 years so I wouldn't wait too much because this company is bankrupt before that happens..

>> No.18488747

>>18488638
Are you sure it was 6 million? It was 4M$ imo.

>> No.18488827

>>18488705
Best fud so far I've seen recently.

>> No.18488841

>>18488747
Yeah, it was around 3.4 million. Remembered 6 at first, then double-checked my fact sheet but didn't bother editing my first sentence.

>> No.18488948

And why wasn't this guy FUD posting for the entire week leading up to binance vote? He makes threads every day for a year it seems like, with higher frequency when we are at 6 cents. But there was not a single FUD thread during the run from 11 cents to 28 cents. And there was so much ammo too. Could've easily posted about how we'd lose the vote to the korean scam. But he was nowhere to be seen.

really makes you think doesn't it

>> No.18488998

>>18488948
I sold during the Binance pump and shilled heavily during that time. Now I'm totally done with this shitcoin as there will be no future pumps.

>> No.18489046

>>18488948
>But there was not a single FUD thread during the run from 11 cents to 28 cents.
>really makes you think doesn't it
Yeah, we like to make money. Buy the rumor, sell the news. Or in your case, sell nearthe bottom, buy back and double-down on the rumor, left holding bags. There are more than a handful of us who like to shitpost about this project.

>> No.18489095

>>18488998
>>18489046
you faggots just ousted yourselves. Everything that is true about this coin now was true then. You didn't buy immediately after binance was announced, because by then it was already pumped 40%.

You were holding, sold the top (probably not though), and are now FUDing to buy cheap. Or do you expect people to believe that THAT was TRULY your last time? Fuck out of here faggots

>> No.18489121

>>18488705
I think this thread just killed VIDT. Wow.

>> No.18489150
File: 136 KB, 730x692, ns6Kfvl.png [View same] [iqdb] [saucenao] [google]
18489150

>>18489095
I didn't have all the information I have now about VIDT. I just wanted to get out at a decent price and that Binance pump was my saviour. Before Binance I actually liked VIDT but now I've learned so much about it that I have no desire to go back.

LMAO this roadmap is fucking trash

>> No.18489187

>>18489150
lmao how many fucking meds are you prescribed that you aren't taking?

you've been FUD posting highly detailed diatribe about this coin for 8 months. Your style is distinct because you seem to know more about the project and their business dealings than anyone holding it.

>"THAT WAS THE LAST TIME I"M BUYING YOUR SHITCOIN GUYS, I PROMISE"

>> No.18489207

>>18489187
>you seem to know more about the project and their business dealings than anyone holding it.
I'm flattered. If you only knew who I am.. I've posting fud about this project for couple days now.

>> No.18489237

>>18489207
and let me guess, you know who i am

>> No.18489246

>>18489187
Why are you so mad? We're talking about a worthless shitcoin here.

>> No.18489273
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18489273

>>18489095
>You didn't buy immediately after binance was announced, because by then it was already pumped 40%.
I bought between 13-15 cents, bought more around 17, sold near 23 cents. Liquidity was non-issue with the "whale" buying/selling millions of tokens without dropping the price.

>Or do you expect people to believe that THAT was TRULY your last time? Fuck out of here faggots
Project is dead. Project reputation shot. There are no more buy the rumor, sell the news. Maybe if you shills still keep posting about this project after the quarantine and legitimate news are on the horizon (doubt it), I'll buy back at 2 cents and then lock in my 30%-50% profit once again.

>>18489187
>Your style is distinct because you seem to know more about the project and their business dealings than anyone holding it.
Maybe this should have been your hint.

>> No.18489297

>>18489237
I do, Daniel. I talk with you daily.

>> No.18489319

>>18489273
>project is dead
>https://etherscan.io/token/0x445f51299ef3307dbd75036dd896565f5b4bf7a5
>validation levels are nearly at an ATH in the midst of a global pandemic where most companies are shutdown to some capacity

nice pic of yourself

>> No.18489415
File: 29 KB, 818x345, 1583517198829.png [View same] [iqdb] [saucenao] [google]
18489415

>>18489319
>validation levels are nearly at an ATH in the midst of a global pandemic where most companies are shutdown to some capacity
Companies are not paying for worthless validations that are not essential for business. Clear evidence the clients are non-paying.

>> No.18489445

>>18489415
https://www.youtube.com/watch?v=2JXev-HyOZk

>> No.18489480
File: 577 KB, 1053x965, verify-by-eye-lol.png [View same] [iqdb] [saucenao] [google]
18489480

>>18489445
They're not paying for this.

>> No.18489501

>>18489480
imagine spending all night shitposting only to realize that the price has moved up 3 sats. Nobody is selling. As you retards admitted, there's no liquidity. One sell tanks the price 10%

>> No.18489574

>>18489501
>He checked the price again