/biz/ - Business & Finance

All verifications are free on all subscription plans. One hundred validations are free for clients even on the $55 option. One validation is worth less than 55 cents, once you factor in profit margin and everything else the subscription offers to clients. Keep in mind, one validation costs at least 5 tokens. When you do the math, it's around 11 cents.

Tokens are divisible, except no reason why it would be necessary. There's a huge supply and it's a Chuck E Cheese token. V-ID could print eight trillion tokens out of thin air. It has no utility outside of the V-ID API. V-ID doesn't give a shit about the price, as they're paid in FIAT. V-ID makes majority of its revenue from subscription plans, servicing, and on-site training.

Token not needed. There is no staking and there is no reason to hold VIDT. Token is useless without a subscription plan.

>>15502293
Lol fud cycle is already transitioning to Shill. You are better off buying VIDT than spending time and energy fudding something thats gong to moon anyway withthout you.

>>15502300
I don't see why an app that does "verifications" which is the most basic thing blockchain tech can do needs a token. Especially considering it is not used in the platform. It's basically just buying a penny stock of some dutch company nobody ever heard of. It's not a payment coin, a platform or anything else that makes sense. It's just a "buy my shitcoin" scam.

>>15502300
>Lol fud cycle is already transitioning to Shill.
It's three bagholders reposting the same shit every few hours, the same way I'm copypasting my fud. No one is buying your bags.

>>15502325
>It's basically just buying a penny stock of some dutch company nobody ever heard of.
That's exactly what it is as you can convert VIDT to VIDS next year, which represent shares in the company. AmSpec, V-ID's biggest client with 50,000 validations a month brings in less than $10,000 in profit.

>>15502334
>Lol fud cycle is already transitioning to Shill.

nope.. still FUD
>>15502325
>>15502334

>>15502325
“Verifications” are one of the biggest most simple and applicable use cases for blockchain which has not yet been realized. The token is needed in order to imprint a fingerprint on the blockchain of your choice. Token very much needed.

>>15502480
>“Verifications” are one of the biggest most simple and applicable use cases for blockchain which has not yet been realized.
Bullshit. Every supply chain called, anyone that takes a hash fingerprint of a file and stored it to a blockchain called. I just googled it. There are hundreds of projects storing a hash proof on blockchain.

>The token is needed in order to imprint a fingerprint on the blockchain of your choice. Token very much needed.
The token is confirmed not even used in the actual app. This is nonsense. Show me anywhere where it proves that the token is even needed to take a fingerprint.

Why did this scam even get the small amount of traction it has here?

>>15502528
>Why did this scam even get the small amount of traction it has here?
Because 80% of people in here are pic related or just got into crypto last week.

>>15502293
FUD verified and unchanged.

>>15502574
Are you sure the FUD was unchanged? We might need V-ID's services after all to 100% confirm.

I'm pretty sure that people who fud VIDT have never made a single penny in crypto. This is most solid altcoin out there and we all know it.

>>15502652
>This is most solid altcoin out there and we all know it.

30k First lieutenant here. Feels good, man

Someone post Bob Ross meme plz

>>15502288
starts with lazy racism and ends with massive cope. damn. this one is dead.

>>15502325
Also, the token is used in the platform. Each validation uses VIDT. Of course verification is free, why wouldn’t it be? It is the validation process that is paid for and audited, then you can choose to anchor it to any blockchain.

>>15503356
This pasta has been reduted so many times over the past 6 weeks I don't know why he doesn't update it at all.

>>15503382
>This pasta has been reduted so many times over the past 6 weeks I don't know why he doesn't update it at all.
Burden of proof is on you. Every time I post the pasta it's "already been debunked" yet never any specifics.

>>15503410
You've gotten specifics in countless threads. You'll disappear when price recovers.

>>15503163
yeah
>>15502288
OP you have one more shot at doing a campaign on here. Your tactics have literally been counterproductive, and as a bagholder that's not gonna fly. Switch it up or you're fired and we're replacing you with an intellectual.

>>15503429
>You've gotten specifics in countless threads. You'll disappear when price recovers.
You're not convincing any undecided anons reading this thread with this bullshit dodge.

Also I was around since the price was 55 cents. Price is 11 cents now. I'm not going anywhere LMAO

>>15503462
Any interested anons have watched you pretend to argue with us a thousand times already.

>>15503546
>I cannot actually debunk the FUD or argue against the prophet's financial wisdom. Especially not without crying in Telegram about it ten minutes later
We get it.

>>15503576
Debunking you and debating you are different things. We've debunked your arguments countless times. What you really want is debate, but it's impossible to debate someone who is dishonest.

>>15503589
Where have you debunked anything

>>15503589
>I'm right, you're wrong. We countered all your arguments. If you don't agree with me and all the four other bagholders, you're dishonest.
You don't debate against me, but the arguments. For others reading these threads. Where's the debunk of >>15502293 ? You already made four posts since. Clearly you have no simple answers for countering the arguments.

Price speaks for itself. Try debunking the -80% loss since ATH (when I sold fyi)

>>15503626
You ask me to refute it like there aren't 40 different problems with that pasta and there's a simple place to start.

>Price speaks for itself
Yes it does, which is why you will be gone soon. T1 EOM. It appears validator 0x406 is a large new client. Sept will be a good month I suspect.

>>15503703
>You ask me to refute it like there aren't 40 different problems with that pasta and there's a simple place to start.
I know, you would have to do some real mental gymnastics to spin any of the facts around in my post. In fact, if you were able to, you could be a PR shitcoin guru sought by everyone in the crypto space.

>Yes it does, which is why you will be gone soon. T1 EOM. It appears validator 0x406 is a large new client. Sept will be a good month I suspect.
I suspect not. This is CHX 2.0 bagholder delusion. You were warned.

>>15503703
>You ask me to refute it like there aren't 40 different problems with that pasta and there's a simple place to start.
Refute it then

>>15503703
>T1 EOM.
ya right. can't even be traded in US

>>15503750
I have 100k LINK. VIDT is simply a labor of love for me. I like the project and following it's development, and yes, any microcap startup is risky. Have you ever invested in anything besides crypto?

>>15503761
Check the archives.

>>15503776
Okay.

>>15503750
>>15503761
>>15503776
All samefagging by the way

>>15503790
Bruh im not samefagging lmao you are sad

>>15503781
>I have 100k LINK. VIDT is simply a labor of love for me. I like the project and following it's development, and yes, any microcap startup is risky. Have you ever invested in anything besides crypto?
Non-sequitur dodge and a red herring question. Game over. Try again tomorrow, Raaj.

>>15502293

this took longer than 1 minute to type out, no? looks like copy pasta and API

come to think of it, OP is pasta as well. So maybe we can have R9K rules on here to prevent this?

>>15503829
It's relevant because it means I don't desperately have all my eggs in one basket. And I'm not dodging because I literally told you I'm not refuting your incredibly brain dead pasta because I suspect you'll be swept away with this month's price action. Other anons might if you keep spamming the threads though, so at least you've got that to keep you going

>>15503860
An easier solution is to stop posting about VIDT on here and for bagholders to give up. It's obviously not an API, because I'm responding, not just spamming and creating these threads like the bagholder buffoon below.

>>15503878
>It's relevant because it means I don't desperately have all my eggs in one basket.
It's irrelevant to debunking >>15502293 and no one here gives a shit about how your portfolio is divided up. Everyone is here to make money. And with VIDT, you only lose money.

Actually before I go to your credit you called the security fiasco nicely last month. I made a lot swinging the IDEX fud. Ty based schizoposter.

>>15503918
I also called the top, the bottom, and the dead cat bounce along with an exact date for anons to make another 30% profit. So thanks for acknowledging I've been right about everything related to VIDT and its future price action.

>muh braindead pasta

Eh...

VIDT corrected, but still had tons of potential because once it hit mainstream exchanges you'd see an order of magnitude more speculators investing -- the average / "normies" who only use Coinbase or Binance.

However, with the new regulations in the US forcing places like IDEX to use KYC for compliance, and eliminate a lot of altcoins that don't meet their criteria for trading in the US, VIDT was smothered in it's crib. That hope of exploring a new all time high prior to the unlocking of their tokens in December is gone now, and the average person isn't going to go out of their way to figure out how to get their hands on it.

When IDEX suddenly stopped trading about 90% of their altcoins in the US with basically no warning, and then basically told users "oh well", it was time to go. Sure, they mentioned it as practically a footnote in the bottom of their KYC warning, but something like that warrants a separate and explicit heads up, considering they typically forewarn about individual delistings on their twitter feed.

So even though it shouldn't have, I think external factors are killing it.