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-1 points · 1 day ago

I really hope people sell the news so I can stock up.

Don’t be a greedy ass. Not cool to cheer for a dump so you can be selfish.

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Has nothing to do with greed. We're Homo oeconomicus and this is a 0 sum game. When you sell your asset to take gains you're hoping for someone else to buy your stuff right? But then often you don't expect it to further go up in the short term.

Sounds hard af but when you try to sell the top you're hoping for a fool to buy your shit.

And who cares about a tempory dump lol. It's all about the long term here.

6 points · 1 day ago

"Who cares about the price in 5 years? It's all about those who stay 30 years in the game." Come on, people.

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Who was talking about 30 years? We were talking about a short term dump lol.

Supply chain has plenty of competition already, it's only going to get more crowded

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22 points · 1 day ago

Don't forget that VeChain isn't only about Supply chain but a platform for dApps as well :-)

Where ETH is king

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For now. Can't think of any enterprise dApps that are running on ETH.

-6 points · 1 day ago

Okay, so it falls 10% by 12 oclock (possible) the crypto is now worth 10% less. So the seller is making a 3.8 million dollar loss.

Or

It rises 5% by 12 oclock, the buyer loses 1.9 million dollars

Why would they do that when they can just pay in a stable currency

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Maybe he wants to trade his asset for a crypto asset and hold.

0 points · 1 day ago

Sell it for cash and buy crypto with the cash if that's the case

My theory is that it's a publicity stunt designed to draw attention to the sale. I would strongly suspect the sale will be carried out in cash for common sense reasons.

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If he wants to invest 38 Million USD worth Crypto Assets, it'd probably be an OTC Deal. With those there's normally a discount of 1-4%. He could bypass that by selling his mansion directly for crypto. But on the other hand I'm not sure whether he'll find a buyer.

What will the FUD be after mainnet??

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I also thought about what kind of FUD we could be facing when the main net goes live lol.

Gracias homie. Do you think launch of mainnet will detach vechain from bitcoin?

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Doubt it. Majority of people still want to accumulate bitcoins. We'll see how things go!

Those saying that this is a sarcastic message or a joke: Can you please elaborate the true context then?

5 points · 2 days ago · edited 2 days ago

Synth is a leaker. Sudo is the admin who deletes his messages and cleans up his mess. There was a very serious situation that happened that they were trying to keep under wraps until they could make an official statement, but being the leaker he has always been, he just wanted to talk about it in main chat.

Sudo kept deleting his messages, so he left a sarcastic message (the one linked, but it is altered and sounds different, sounds slowed down but not actually) in main chat.

That's all really. The group he is referring to was the price talk/speculation group since they don't like that type of talk in main. When the binance listing happened the made the group private and started a new room.

That is all. It is all blown way out of proportion. And any of the core community who was with sky before the binance listing and is familiar with synth would tell you that this is just his sarcasm.

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I see. Thank you. Not invested in Skycoin but if it's true what you're explaining that it's quite unlucky and unprofessional.

Does anyone know who that CREAM is? He seems to be an advisor on other ICOs on Vechain as well.

7 points · 3 days ago

CREAM Crypto Merchant Bank

I cannot find anything about them on google, but it sounds like they are an investment bank for crypto startups.

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I've seen him chatting in the ChinaCrypto.info telegram chat. He's admin there. Not sure who he is exactly though. Seems to be a person.

4 points · 3 days ago

The exchange still functions good for the most part but they just got stagnant they went from the #1 exchange doing 1 bil + a day to like the 40th exchange doing like 30 mil a day. Complacency kills in crypto they’re a great example

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I think Binance killed them. I remember the first time I used Binance, I never wanted to get back to Bittrex lol. Tbh the current interface looks ugly af on Bittrex.

-19 points · 4 days ago

Yeah I did. You prefer I just upvote it secretly because it mentioned my coin? Where's the down votes in that? So you sold nano at a loss. Good job weak hands. Now you own none but troll the crypto currency sub because you got rekt? Yeah nanos shit, iota is being released in Volkswagens next year and you're salty. Who is the pathetic one here?

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You are the pathetic one here. You felt attacked/butthurt from his comment and took your time to go through his post history, to then find something to make fun of him. In this case you're mentioning NANO that's failing. Even if he sold at a loss, if it was still above current market price he can buy back lower in.

Furthermore, he's right.

-8 points · 4 days ago

Lol. Okay guy. It's called doing research. I did it with my coins and my argument. Thx for chiming in nano bag holder.

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No point in further discussing with you. Feeling like I'm talking with a 10 year old kid. If you checked my post history, you'd know that I'm a VeChain Hodler. Even though I bought XRB sub 10 cents and sold for some nice gains. Still you don't get the point of the initial comment. Instead still calling everyone Nano Bag Hodler lulz.

1 point · 5 days ago · edited 5 days ago

Friend of me and 2 other dudes from the university have been working on decentralized file storage coin. They're taking it pretty serious (already got a whitepaper). Not sure though whether it's just another shitcoin or not lol. There are already a few tokens like that but whatever:

They're planning to do it on the Ethereum Smart contracts first and later want to move to their own main net. Can anyone link me to resources so I can introduce them to Vechain? (Like advantages over Ethereum etc.)

(They're not doing an ICO btw)

13 points · 6 days ago

I blame the fifa world cup for the btc dip. Everyone cashing out.

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Yeah people taking their crypto gains out to gamble.

I see BTC going sub 5k USD. If I didn't held Vechain I would probably sell on the next bounce at 7k and buy lower. But since I'm almost all in Vechain I'll hodl.

the fact that you think vechain is just a supply chain coin shows you don't even know what you're bashing.

Also, "crypto is my job" just made all your comments make a lot more sense.

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Just check his post history. Waltonchain hodler and VEN Fudder. He doesn't do shit.

-2 points · 7 days ago

So this means that the goods in China will always have a delay of at least 15min?

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People down voting this comment probably aren't German and therefore don't get this joke :D

This is huge but imo bright foods was bigger bomb

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Idk man. In terms of use cases Bright Foods might be bigger. Not sure how DB will use the VeChain Blockchain yet but you can ask EVERY German dude who Deutsche Bahn is. Everyone will know. Not sure though whether Chinese people heard of "Bright Foods" :D

Funny though that most people everyone hate the Deutsche Bahn here because they're always late with their trains lol.

58 points · 8 days ago

DB Schenker is a company with revenues in the 20 billion mark. It is a division of the German Rail Company Deutsche Bahn which has revenues in 40 billion. While this appears to be implemented in China as of this moment, DB Schenker is an international shipping company with 95,000 employees spread across 140 companies. Just one more massive multi-billion dollar company Vechain can add to its portfolio.

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15 points · 8 days ago · edited 8 days ago

Worth mentioning that the Deutsche Bahn AG is the biggest railway transportation company in Europe and 100% shareholders is the government as far as I know.

Yep, 100% "Deutsche Bahn AG (abbreviated as DB, DB AG or DBAG) is a German railway company. Headquartered in Berlin, it is a private joint-stock company (AG), with the Federal Republic of Germany being its single shareholder."

24 points · 8 days ago · edited 8 days ago

Anyone living in Germany will know how HUGE this is! DB Schenker is a brand of the Deutsche Bahn AG. It is the biggest railway transportation company in Europe AND owned by the German government. The government is the only shareholder of this company.

You could ask every German citizen whether he knows what the Deutsche Bahn is. I'm pretty sure that everyone will say yes.

63 points · 8 days ago

DB Schenker is huge! Aren't they like top 5 in logistics or something?

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DB Schenker is a brand by the Deutsche Bahn AG which is the biggest railway transportation company in Europe. And as far as I know the company's shareholders are 100% the government in Germany.

See ya nano fan

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That salt.

-3 points · 11 days ago

Funny, because the whales lose more than any of us when the price tanks.

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You haven't lost anything unless you sold and realized the loss. Whales can accumulate when the price is cheaper knowing that it'll go back up.

However, the crypto community tends to blame every dip on the whales lol.

Instead of empty praise, let's bring Ven down a notch.

  • It's testnet. This is not a major achievement. It's like getting excited that you got a C+ in your English Literature elective.
  • DBET is a total shit coin. It's was delisted from Cryptopia of all places and people are acting like Ven picked up a Perfect 10 model when it picked up a crack whore
  • Plair looks like one of the most unnecessary ICOs I've ever seen. I'm convinced they moved to the Vechain ecosystem just so they could be first and benefit from the boost.
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DBET got delisted because of the financial regulators in NZ that might make it a security.

Another 'FUD' about being closed source blown out the window. The only FUD being left will be that they are chinese (>muh china hustle all chinese are scams).

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But but but they're Chinese.

LOL

People are taking VeChain FUD to the next level. I remember when the VeChain Whitepaper got released someone commented this on the Daily: http://goedhartvoordieren.nl/?page=r/Vechain/comments/8jh5qb/daily_vechain_discussion_may_15_2018/dz0q4z0/

I laughed back then about the "they're Chinese" FUD joke. But that has become reality,

Check this out LMAO: https://np.reddit.com/r/CryptoCurrency/comments/8ovx5x/chinas_new_scam_on_the_west/e06r7cw/

Really like how /u/ICX-Yoda destroyed him :)

54 points · 14 days ago · edited 14 days ago

PWC Asia not just China- also one of the big four who wouldn't risk their reputation for a crypto scam.

https://www.pwchk.com/en/press-room/press-releases/pr-040518.html#utm_source=twitter&utm_medium=20180504

DNV GL - A EUROPEAN company invested in them and are constantly writing posts about them on their official site

https://www.dnvgl.com/news/dnv-gl-partners-with-blockchain-expert-vechain-to-increase-transparency-from-the-factory-to-the-consumer-110284 and

https://www.dnvgl.com/news/dnv-gl-buys-stake-in-leading-public-blockchain-service-provider-vechain-as-it-strengthens-commitment-to-raising-trust-and-transparency-through-digital-solutions-119749 and

https://www.dnvgl.com/news/dnv-gl-launches-my-story-the-blockchain-based-solution-to-tell-the-product-s-full-story-113549

They have a 100 page whitepaper, they have open source code and a test net in like 3 days. Main net end of this month.

If you have any evidence the Vechain is involved in coordinated spamming please let me know. Otherwise take off your tin foil hat. Sunny Lu the CEO of Vechain actually requested not to spam this subreddit.

On the subject of transparency, Vechain has financial reports every few months. https://medium.com/@vechainofficial/vechain-financial-executive-report-vol-1-46d307dc6f4 https://medium.com/@vechainofficial/vechain-financial-executive-report-vol-2-2fb65e91dad1

There are 101 nodes - and they plan to expand to more in the future. I wouldn't call that centralized.

What shady Chinese companies are they connected with?

Hmm what other company has a cult like worship of a CEO? APPLE

Jim Breyer and Tim Draper - two well known WESTERN investment billionaires have invested in Vechain. Breyer has only invested in Ethereum and Vechain.

Breyer was the managing partner at Accel Partners, which invested $12.7 million in Facebook in 2005 when the company was priced around $100 million; that bet proved to be among the most lucrative in the history of the venture business, returning many billions of dollars to Accel’s investors after the company went public in 2012.

Tim Draper founded DFJ, one of the best-known venture capital firms in the Bay Area. He founded the firm in 1985 before leading investments in Skype, Tesla, and Twitter.

You're reasons are really poor and it's just "China is scam" which isn't a real argument. Looking at your post history its "cult-like" Vechain hate

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Thank you. Apply water on burnt area.

I'm very happy by the slope at which VEN is rising. No rude pump but going up steadily on the longer (logarithmic) charts. Despite BTC having her periods again. It might not be "organic" but it looks that way.

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Yep, the rise of Vechain is looking pretty healthy! Breaking 60k sats will be epic :)

Many have been exposed to reality and were forced to seriously reign in their expectations. Remember how many people genuinely believed we'd be at 50 dollars just by summer? Well rather than achieve anything close to that, we've lost 50+% value since such predictions, and have been trading sideways for 6 months. The longer a coin stagnates, the sooner people will take profits when it eventually moves, suppressing any sort of growth that would otherwise be explosive. Don't mean to be negative, but none of this is untrue.

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When a coin pumped x3-x5 and suddenly people call another x10 until Summer, that's usually the best point to sell and rebuy when it dips lol. I think once we're back at ATH some weak hands that bought the top will sell to break even. I'm in for the long term though so not selling.

What happened to this sub? Why are new people that ask questions getting down voted? If you think they should research for themselves at least just keep scrolling. No need to down vote them? There are more than enough people that will happily help them out and answer their question.

5 points · 17 days ago

Hey guys, maybe not the right place but would anyone know if when the token swap happens would that be considered a taxable event? Or would it not apply because it's basically a place holder and a swap instead of a trade?

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Nope I don't think it's a taxable event. You aren't selling your asset, therefore you don't realize your gains. The token split won't be a taxable event as well. I think it's comparable with a normal stock split.

Have you guys watched The China Hustle? Great documentary, makes me think about all these "investors" putting money in all these scamcoins, led by illusion of a quick profit, without even doing proper research. It actually made me feel better about betting big on VeChain, because the way I see it, when the harsh truth comes out about all these bubble coins, as I like to call them, then we're gonna see pretty big shift in the direction most of the crypto money takes, with VeChain being one of the survivors of this slaughter.

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Seen some people say that VeChain is exactly one of those scams lmao.

Nano was a very promising up and coming coin, one that had extremely explosive gains. It rose from $0.20 a piece to around $36 a piece in kist around a month. Basically, the main Nano exchange at the time(BitGrail) had a "hack" for quite some time, one that allowed people to receive double or more the withdrawn amount from the exchange, even funds that they did not have. So for example, by exploiting this fault in BitGrail's program, person A with 50 Nano in their account could actually withdraw 100 or more instead. This led to the loss of loads of Nano from the exchange, because when people wanted to withdraw their Nano, BitGrail did not have the funds available anymore due to the excessive withdrawals. So BitGrail's owner, Francisco "The Bomber" Firano blamed the issue on Nano's code, saying that it was at fault and buggy. All of these events eventually led to Nano's own version of Mt. Gox, as thousands of people worldwide lost out on their collective millions and millions of dollars. What Firano did not say, though, is that the problem was not actually with Nano, but with BitGrail's system. Every single coin there was suffering the same withdrawal issue as Nano. Ethereum, Dogecoin, etc. The coins themselves were not at fault, but as stated before, the system was. But regardless, all of this led to a huge panic in the market, causing Nano to dump harder than most coins, and it is still affected to this day. It's still my favorite coin to date, though, simply because of the functionality.

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Also worth mentioning that Francisco had known of this for some time but tried hiding it from the public. For example he suddenly deactivated withdrawals and said it has something to do with EU and USA regulations lol.

Your opinion is valid. Five months is a long time in the crypto world. However why sell now if you've been holding until now?

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Because he doesn't believe in this token. Check his history lol Buys in, blames IDEX that the price is so low. Then asks in the VeChain sub whether Devery is a good project. He's saying he doesn't want to sell with a huge loss but people like him are super vulnerable to FUD. Just a few comments that this token's going to 0 and he'll panic sell .

This guy keeps on saying he's out but he always comes back to shit post

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Right. He's been crying for a new exchange for weeks now.

u/Phlong1337
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Cake day
December 14, 2017
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