Okay, so I'm relatively smart when it comes to crypto and have a great feeling about VEN, but today's dip is starting to make me a little unsettled. I know it's not significant, but the it's the trend that is worrying me.
Can you guys help with any reassurance to HODL?
Nothing has changed, only CMC updated the supply
Lets make one thing clear: 1) the actual circulating supply was 455mil the last months 2) the actual circulating supply still is 455mil today
= no extra tokens in circulating supply = no sell pressure
I wish CMC would drop some extra IQ here instead of finally updating the circulating supply... what a dumb people here hahaha
Nothing has change whatsoever, i dont know why people are suprised by this. It’s a good thing to me almost #10!
What about this? Is it good for Vechain that is compairing to USD and not to bitcoin or am i talking shit right now? Im pretty noob at this.
Yes, it's good
I asked the question below if VEN can touch 7$ soon. Got responses.
I asked same question on Ripple forums when it was 2.2$. they said it will be 7$ in a month. It is at 1.5$ after a month. Even though ripple came into main stream news on daily basis it didn't go anywhere. it went down infact. Is there any stron reason why you folks think VEN will touch 20$ before rebranding?
Cant compare VEN to ripple.
Someone please tell me im wrong here. I really want to be wrong about this: VEN will never break 7 dollars. After the biggest partnership in crypto was announced the price ultimately didn't move an inch. And it's because of THOR. VEN is one of the most shilled and hyped coins on 4chan and reddit and it drops its biggest announcement yet - and the whales still control it. PBOC won't even make us able to penetrate their walls. THOR is afaik in no way tied to the price of VEN, so for the massive whales holding millions upon millions of coins THOR is the goal, VEN can be 0,1 cent and they wouldn't care. The price of a VEN token does not matter anything to its adoptation, the partnerships are there even if it's at 1 dollar or 25 dollars. THOR is generated if it's at 1 dollar or 100 dollars.
VEN is the new NEO, passive income. The whales are accumilating and will accumilate until they own all the coins, every single one. They will supress the price for VEN's entire lifespan - because for them THOR is where the money is. If you had the chance to buy millions of NEO when it was 5 dollars you'd be a billionaire now from GAS alone. As long as NEO was around your life would be set. And it's the same with VEN. Someone please tell me im wrong, i have 70% of my holdings in VEN, but this is looking very grim from a price perspective to me.
--EDIT Im asking people to give me valid reasons why i'm wrong(i want to be wrong), and i get downvoted lol. This sub is turning into fucking Verge.
Look man, I'm in this coin since the beginning. You think these are sell walls? you should've seen them 2 weeks ago, we had different 300btc sell walls all near to one price. All together it was more than 1000btc around $2. We broke trough and look at were we are now, this is nothing. Be patient and it will pay off, this week we will be at another ATH.