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/biz/ - Business & Finance


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15098486 No.15098486 [Reply] [Original]

The IBM VIDT link is not working currently.
http://ibm.biz/sustainabilitycollaboration
Whyyy.

>> No.15098544

>>15098486
I can verify with my eyes this was pnd scam.

>> No.15098596

No one will be able to buy or sell this in the US by the end of the year. No Coinbase, no Binance, and most importantly, no IDEX. It's a security token.

VIDT was a pump and dump /biz/ FOTM project. Airbus and Amspec are nothing burger in the grand scheme of things. In order for the market cap of the coin to be worth more than it is right now, you would need at least 200 AmSpec level companies using the service. For a 2X from this point forward, 400 major companies. Otherwise the token is significantly overvalued. Beyond The Meat tier overvalued. What would justify a 40 million market cap right now when V-ID currently makes less than 3 million dollars net profit a year?

Think about it. Customers buy a SUBSCRIPTION plan, where they get 100 file verification for free for $55 or 300 verifications for $165 a month. Anything above this free monthly allotment costs $2.26 to $1.55, respectively. If you buy an enterprise level subscription plan, these prices are significantly less and adjusted by volume.

Therefore, the maximum amount of dollars a file verification could cost for V-ID would have to be less than $1.55. Except for $55 you get 100 file verifications, so that's 55 cents at breaking even. Add in a profit margin of 50%, now you're down to 0.27 cents. Then consider that enterprise level subscriptions get better prices based on volume, let's be generous and say it costs V-ID a whole $0.25 to do a verification because they make less profit per validation on high volume clients.

But wait a minute. The subscriptions also come with widgets, validation portals, staff training on-site, and most importantly (and expensively): customer service. So we know it's even less than 27 cents per file validation just to break even. Because some companies on the cheapest $55 option might only verify 100 files and will not go beyond their monthly allotment. Do you think V-ID would lose money on these clients?

>> No.15098629

>>15098596
tl;dr

>> No.15098643

>>15098629
Here's a shorter version for you:

Coin is not worth more than 27 cents to 55 cents.
Coin is a chuck e cheese security token.
Americans cannot trade VIDT in a few months.
Team has no funds for Binance listing.
VIDT will convert to VIDS so the top whale would agree to lock up his investment into a smart contract until 2020.
Token not needed.

>> No.15098686

>>15098643
Stay poor fucking brainlet retard.

>> No.15098722

>>15098686
For that I would have to hold VIDT for the long-term.

>> No.15098749

>>15098596
I've already seen this retarded copy pasta.
18 decimals.

>> No.15098766

>>15098596
Ok, half of that was straight up bullshit math, but to the rest of it:

To evaluate VIDT we can look at Binance coin, which also engages in a buyback. BNB has a market cap of 4.5B, and 70m worth was purchased from the market over the last 4 quarters.

In terms of market cap to buyback ratio, that is 64:1. If we perform the same calculation to VIDT, using last month's buyback numbers, we have an already better ratio of roughly 50:1.

Binance's growth has already topped out. A return to 2017 volumes might elicit another 2-3x in the ratio. VIDT on the other hand, is growing rapidly. The calculated ratio is using July's figures. But why should we assume there will be no future growth? Quite the opposite. Revenues doubled from June to July. And August is already outpacing July. A 10x in monthly revenue by the end of the year is not unfeasible. That's where the trend currently leads. At that point, VIDT's ratio, we'll call it a P/E ratio of sorts, is 15x more favorable than that of Binance coin.

Contextually, we're also only comparing VIDT to the only legitimate revenue generating token in this space. VeChain's ratio for example, would be an order of magnitude below either project. And the hundreds of other projects being endlessly shilled have yet to be paid a dime after years of development. Yet you choose to FUD this one. Hmm

>> No.15098862

>>15098596
>What would justify a 40 million market cap right now when V-ID currently makes less than 3 million dollars net profit a year?
Uhh, 7.5% profit is fantastic for a new company

>> No.15098952

>>15098766
Binance is an exchange where people try to make more money than they have entered with. V-ID is a subscription based service for companies and boomers. Why are you comparing the numbers of Binance to V-ID's? Completely different sector and the only thing that's common with them is "blockchain". Are you going to compare a hot dog stand with Bath and Body works, because both operate in the local mall?

Link proof to revenue doubling from June to July. I'm not going to debate a point that may or may not be true. And don't forget that V-ID makes majority of their money from subscription plans and servicing. Subscriptions come with hundreds of free validations. They want companies to buy the more expensive subscription if they want more validated.

>>15098749
Boomers will not be purchasing anything that has 18 decimals to verify documents on the consumer app. And they will pay in FIAT. It's a security token.

>>15098862
Market cap is not 40 million. And they're not making 3 million dollars. Read the rest of the post.

>> No.15099059

>>15098952
The company descriptions do not matter whatsoever. I am comparing BNB to VIDT. BNB's market cap is not the market cap of Binance. It's the market cap of the native token, of which X amount of money is used to repurchase that token. People buy BNB because of expected price appreciation due to this. The same is true of VIDT. The purpose of my ratio is to show what percentage of the market cap is repurchased. The higher the better, and VIDT's is higher.

Check the usage dashboard. 750k VIDT was spent on validations in June. 450k was spent in July. That's well over half. And the minimum VIDT per file was 5 in July, as opposed to 19 the month prior--essentially a 4x differential. Do the math.

You're being outclassed in both brain power and evidence to support your point. Even if half the crap you were spouting is true, VIDT is by all measures a better investment than any other altcoin. Smart anons realize this and that's why after weeks of FUDing you are still the lone guy shouting in front of an avalanche

>> No.15099193

>>15099059
I think a lot of people here just don’t understand market cap.
Tesla trades at 250 a share and it’s on paper value is -10 dollars per share. The future value of the company people predict is what give it the high premium. This company is new and makes pretty high revenue and got some good clients. Miles ahead of anything in crypto, hell even btc has little use case.

>> No.15099395

>>15099059
>People buy BNB because of expected price appreciation due to this. The same is true of VIDT.
Good job, you just described a security token.

>Check the usage dashboard. 750k VIDT was spent on validations in June. 450k was spent in July.
Validations are not the same as revenue. 100 validations are free on the $55 plan. "First 100 files for free" per source: https://about.v-id.org/pricing/

1000 companies buy that plan. Do 50 validations or 50,000 validations. All free. Are you seriously multiplying that 50,000 validations with €2 and counting as the revenue? Holy shit, you're a retard.

>You're being outclassed in both brain power and evidence to support your point.
You wish, telegram tranny. You wish.

>> No.15099436

>>15098544
>>15098596
>>15098643
>>15098952
>>15099395
bullish.

>> No.15099450

It’s all a PnD, the billion dollar clients, the token burns, the buybacks, it’s all a smoke screen in front of the pump and dump. Amspec and airbus are actually notorious securities fraudsters that are pumping and dumping this coin to fund their CEO parties on the backs of honest hardworking crypto investors. That dump started with the airbus CEO, who is notorious for his love of underage hookers and cocaine, to fund a yacht party for V-ID on your dime.

The team isn’t even trying to hide it anymore. The CEO took a scan of his ass and balls, validated it on the blockchain, and sent it to all the learn and earners. I verified the file, it’s real.

>> No.15099452

>>15099059
Token not needed. Any time they want they could issue another token to do the same thing. You are dumb and I can tell you are in the red from your panicky tone.

>> No.15099465

>>15098643
>Coin is not worth more than 27 cents to 55 cents.
Oh fuck I'll have to be content with at minimum a 22x why is life so unfair?

>> No.15099473

>>15098766
how to see the revenue of the company?

>> No.15099485

>>15099450
VIDT being overpriced and V-ID being a scam is completely different argument, latter which was not made. But everything in your post is 100% true and VIDT is a pedo coin.

>>15099465
That's a 2X from this point forward in best case scenario. That copypasta is also from when ETH was over $300.

>> No.15099507

>>15099473
>how to see the revenue of the company?
It's not a publicly traded company, so, nowhere. That anon made it all up. He thought validations equate to revenue LMAO

>> No.15099518

>>15098596
>>15098643

Lmao shit tier FUD.

Validations are based on a FIXED FIAT PRICE and NOT a fixed quantity of tokens, thus, your ENTIRE post is flawed.

Do some research before you FUD retard.

The quantity of tokens needed is dynamic and changes according to the fiat price, so your chatting a load of shit

>> No.15099530

>>15098952
>Market cap is not 40 million. And they're not making 3 million dollars. Read the rest of the post.
>>What would justify a 40 million market cap

>> No.15099531

>>15099395
for the last time, fuck off with your meme math. It does not fucking matter AT ALL. Nor does internal revenue. The only thing we care about is BUYBACK. 10% of validation fees are spent on the buyback.

>>15099452
What are you even saying? And how does it not apply to literally every other centralized project?

Cute but wrong psychoanalysis. What can you tell about the guy who is in every VIDT thread spouting the same old FUD for a non-receptive audience? Why would someone waste their life FUDing a coin so obsessively? Totally normal right

>> No.15099588

>>15099473
>>15099507
the company's full internal revenue does not matter at all. The buyback is what increases the price of the token. And the buyback is determined by the amount of VIDT spent on validations, literally nothing else. This fag is trying hard to obfuscate.

All validations can be viewed here. One tenth of all tokens entering this wallet will be purchased from open market. Another 10% will be burned. https://etherscan.io/tokentxns?a=0xe7c54558a04f2f673ce271b6c908839e9342a50a

for reference, the FUDer said yesterday he would buy back into VIDT if the price drops more

>> No.15099658

>>15099518
You got that argument out of the telegram. Shit tier argument.

Circulating Supply: 27,528,424 VIDT
Total Supply: 62,699,786 VIDT

Now do the math how many validations you would need to do in order to run out of VIDT and make it scarce AKA make the price organically rise. You cannot mine it, you cannot stake it. You cannot do anything with it, but buy it in the hopes V-ID buys it from you. Which is why it's a security token. And if you do the math, if one file verification costs 5 VIDT (I don't even know if this is true, or that anon earlier made it up) that comes out to $1.20 per file. But we know at $55 you get 100 verifications for free, which would equate it to 55 cents per verification. To break even. To make zero profit from the verification at all. Not counting the cost of customer service, operational costs, and everything else that monthly subscription gives customers.

>>15099530
40 million. Today it's 6.8 million. 40 / 6.8 = 5.8X
Price is $0.24 per VIDT. 0.24 X 5.8 = $1.40.
They're not making 3 million in revenue today. That was the projected revenue at the 40 million market cap.

>>15099531
>for the last time, fuck off with your meme math. It does not fucking matter AT ALL.
Only a fucking scammer would say this.

>The only thing we care about is BUYBACK. 10% of validation fees are spent on the buyback.
S E C U R I T Y T O K E N

>>15099588
>the company's full internal revenue does not matter at all. The buyback is what increases the price of the token.
And the token burn, of course. Have I said this before, but S E C U R I T Y T O K E N

>for reference, the FUDer said yesterday he would buy back into VIDT if the price drops more
Yes, and then I said only to make 30% profit and then dump it on all of you again. I did not say that I WANT to buy back. I'm not arguing this shit for 30%.

>> No.15099669

>>15098596
HOW MANY TIMES DO WE HAVE TO TEACH THIS LESSON OLD MAN

>> No.15099729

>>15099658
>But we know at $55 you get 100 verifications for free, which would equate it to 55 cents per verification. To break even.
& FYI to you brainlets, if it does take 5 VIDT per verification, one VIDT is worth no more than 11 cents.

>> No.15099742

>>15099658
Do you not realize that everything your arguing is already contained within the arguments I've put forward? Is it intentional or is your verbal IQ really that low?

You have run out of substance, nothing left but circular one dimensional reasoning. I'm out. See you on reddit, mods approved a massive shill thread on r/cc for this coin. Even those retards will be smart enough to downvote your contrived bullshit

>> No.15099762

>>15099729
Also that's assuming tokens are only used for verification.

There is a separate cost for validating the file in the first place.

Your entire argument is bullshit

>> No.15099852
File: 140 KB, 462x422, Gains.png [View same] [iqdb] [saucenao] [google]
15099852

To the autists saying now one will be able to buy in a few months Both Idex and Binance make up >1% of the daily volume, 99.99% of the volume is on HotBit which doesn't care about the US. Bullish

>> No.15099872
File: 28 KB, 358x747, btfo.png [View same] [iqdb] [saucenao] [google]
15099872

>>15099742
>Do you not realize that everything your arguing is already contained within the arguments I've put forward? Is it intentional or is your verbal IQ really that low?
>You have run out of substance, nothing left but circular one dimensional reasoning. I'm out.
That's a whole lot of words to say "I have no arguments against the cold numbers" but wanting to seem like you won the argument. Get rekt.

>>15099762
>Also that's assuming tokens are only used for verification.
>There is a separate cost for validating the file in the first place.
If you know so well, name the price. But you might want to see pic attached first.

Verification: Free. No limits or asterisks.
Right above? First 100 files for free.

Well, if verification is written to be free at the bottom, while the other one is specifically limited to 100 files, I wonder. Are verifications OR validations are limited to 100 on that subscription plan?

I'll admit I mixed up verifications with validations, but since one is free (or in other words, has the value of $0) it made no difference to the math and as far as VIDT's value is concerned. See, I can even admit to a simple mixup because I'm not bullshitting, unlike you bagholders.

>> No.15100087
File: 19 KB, 812x150, lmao.png [View same] [iqdb] [saucenao] [google]
15100087

SEETHING & BTFO

>> No.15100321

>>15099872
You’ll be in for a rude awakening, unless this is a larp.

>> No.15100444

>>15100321
So mysterious and ambiguous. I don't want to be left out of the happenings! Buying one million dollars worth of VIDT right now brb

>> No.15100930

>>15100444
Be honest. You swung VIDT, lost, and want back in for cheap. It's alright. You're not going to push it below 90 vits. Cut your losses and join us

>> No.15100942

If VIDT is a pump and dump, where's the pump, and where's the dump?

>> No.15100966

>>15100942
This is how I know you're one of us because you're not even trying.

>> No.15101166

>>15100930
>Be honest. You swung VIDT, lost, and want back in for cheap. It's alright. You're not going to push it below 90 vits. Cut your losses and join us
Be honest. You did not sell the top. You thought it would keep going back up, even though a /biz/ thread were made every three minutes during the pump time. That when the price was free-falling, that it was a healthy correction. That it's not a shitcoin pump and dump groups use for quick 0.3X - 2X returns. You thought about selling once it went under 0.00008ETH but could not bear the loss or admit to making a mistake. Then the actually correction happened to the current price and you think it's going to keep rising and rising. Cut your losses and buy something better.

>> No.15101523

>>15101166
There you go changing your story again. First there was no pump, now there was but of course you sold at the top. Just like you changed your stance on its status as a utility token in the last thread.

If you won't take that other anon's $5,000 bet, at least use a trip when you FUD so we can laugh at you later. But of course you won't do that either because you know as well as we do that this and LINK are the best alts in crypto.

Give me an example of one alt that is better and why. Protip: You fucking wont. You fucking can't.

>> No.15101582
File: 530 KB, 1023x1083, 1561934994619.jpg [View same] [iqdb] [saucenao] [google]
15101582

>>15101523
somebody's gotta fud. that lad is doing gods work. we'll be posting that pasta when VIDT hits 100MM marketcap.

honestly not even reading it. gonna be holding til the top of the BTC halvening.

>> No.15101627

>>15101523
>SCHIZO PARANOID POST
None of this counters any of the arguments in this thread. What story? Who said there was no pump? Never said VIDT was a utility token. It would be a utility if you could use VIDT in the consumer app, which isn't even out yet, but then thought about the logistical nightmare, the customer service tickets, and UI challenges and realized it will never happen. Even V-ID officially said that they are having an internal debate on it. I never said LINK is a solid bet at all. Might as well buy BAT.

Take your meds or get some drugs like this anon >>15100087 after debating me and stop begging for my $5000 and crypto tips, Raaj.

>> No.15101713
File: 266 KB, 2048x936, Screenshot_20190803-184328.png [View same] [iqdb] [saucenao] [google]
15101713

>>15101627
>None of my contradictions counter any of my arguments.
And you call me a schizo?

>Who said there was no pump?
Literally you 5 seconds ago. Pic related.

>Never said VIDT was a utility token.
Yeah you did. I can get the cap from the archives if I need to. Even you, a fucking contrarian retard, admitted when the B2C application arrives in 2020 there is no way to say it's not utility token. But keep talking if it's fun catching you in your lies.


>but then thought about the logistical nightmare, the customer service tickets, and UI challenges and realized it will never happen

>I ADMITTED IT WAS A UTILITY TOKEN BUT THEN I CHANGED MY MIND BECAUSE I REALIZE I CONTRADICTED MYSELF

Holy shit STFU. With everything this team has accomplished on time as promised a functioning consumer app is a walk in the park.

>and UI challenges
Hahahahh??? Am I even supposed to respond to this?

Have a good weekend Raaj. See you Monday.

>> No.15101742

Btw thanks for bumping all our threads

>> No.15101750

>>15101713
>Literally you 5 seconds ago. Pic related.
That's not my ID, you mongoloid. We can obviously ignore the rest of the mental illness that is your post where oscillate between hundred different emotions and triple spacing like a Reddit retard.

>> No.15101787

>>15101750
Yeah it is proxy cunt. You get more desperate by the day. You were the only person FUDing on all of 4channel, realize how alone you were, and did the unthinkable.

Let's even say it wasn't you (it was). How the fuck does that negate everything else I said and all the screencaps we have of you contradicting yourself?

>UI challenges
HAHAHAHAHAHAHAHA HAHAHAHAHAHAHAHA kys

This is dumber than "verify with your eyes"

>> No.15101855

>>15101787
>Yeah it is proxy cunt.
I can imagine you seething so much that your eyes were watering and any ID that was pink had to be automatically me.

Occam's razor: I hopped on a proxy just to chime in with "If VIDT is a pump and dump, where's the pump, and where's the dump?" that I could have made with this IP or, simply, you're a fucking idiot that cannot take five seconds to double-check before hammering out this rabble.

>How the fuck does that negate everything else I said and all the screencaps we have of you contradicting yourself?
1. You did not double-check.
2. You made an assumption out of thin air.
3. You posted no screenshots.
4. You have no way of proving those screenshots are me.
5. Even if we had ID, it doesn't negate any of the arguments I presented in this current thread.
6. You're an idiot and I hope you get financially rekt.

>> No.15101859

>>15101750
retard lol why you trying to FUD so hard

>> No.15101885

>>15101859
Because I want you all seething and financially rekt for not listening to solid arguments and trying to rope in other anons into losing money.

>> No.15101886

>>15101855
>Occam's razor
Bro you are here EVERY day, BY YOURSELF, attempting to FUD. Occam's razor suggest this level of autism shouldn't even exist.

>You have no way of proving those screenshots are me.
YOU ARE THE ONLY ONE HERE EVERY DAY POSTING THE SAME PASTAS.

>You're an idiot and I hope you get financially rekt.
Bitch I make six-figures crypto is only my lunch money.

Once again thanks for bumping all our threads

>> No.15101921

>>15101886
>Bro you are here EVERY day, BY YOURSELF, attempting to FUD. Occam's razor suggest this level of autism shouldn't even exist.
>YOU ARE THE ONLY ONE HERE EVERY DAY POSTING THE SAME PASTAS.
>Bitch I make six-figures crypto is only my lunch money.
Now we're onto Discord roastie arguments. Have sex incel!

PS: You remember me and I live in your head rent free. And you're welcome.

>> No.15101961

>>15101921
How do I live in your head when you're in our telegram and every VIDT thread you see every single day with 1,000 word copy pastas?? Wasting countless hours flooding a coin you supposedly don't hold, because you "want to save anons money." Do you think people year are fucking stupid?

if you wanted to save people money there are way better threads to be in. Yet here you are, clearly butt blasted because you swung and lost, trying to reaccumulate.

>> No.15101965
File: 72 KB, 450x405, FA25BC13-47AC-43DD-91E7-EF9B6D8802F9.jpg [View same] [iqdb] [saucenao] [google]
15101965

This pajeet still fudding his 55 cents retard bs? Same guy demanding hand pics. Same guy calling us niggers and telling us to kill ourselves. He holds lit lmao, chose the wrong coin, now he’s mad 24/7 fudding vidt.

So pathetic man holy shit imagine how disappointed his parents must be

>> No.15101975

>>15101961
you live*

>> No.15101998

I'm at a bar and it's fucking up my voice-to-text because so many other people are talking. If you come at me because of typos you are the most beta motherfucker alive

>> No.15102004

>>15101921
>18 posts by this id
guy is just fudding to get a better buy in. don't know why he's fudding the bottom, he should just buy in now before the pump.

>> No.15102087

>>15101961
>>15102004
>How do I live in your head when you're in our telegram and every VIDT thread you see every single day with 1,000 word copy pastas?? Wasting countless hours flooding a coin you supposedly don't hold, because you "want to save anons money." Do you think people year are fucking stupid?
I don't hang out in Telegram with other bagholders like you do. Jerking off each other over your investments for months upon months, dreaming of making it and being rich. Then seeing me pop in your shill threads and panicking. I'm not making it easy to recruit other members in your VIDT cult. That's a shame.

>God, if this faggot would just shut up! Now people are falling for these weak fuds!
Yet, can never out argue me. Because I know the project more than you do. An I'm detached about the project itself, since I don't hold it anymore. But I suppose spending countless hours Photoshopping unfunny paintings with the VIDT logo is a better use of time. Oh wait, that helps your investment, so it's fine.

>>15101965
>Same guy calling us niggers and telling us to kill ourselves. He holds lit lmao, chose the wrong coin, now he’s mad 24/7 fudding vidt.
I never called an anon a nigger or told them kys and I've been here for years. Or held LIT. 0/3. Try again.

>> No.15102107

>>15101998
>I'm at a bar and it's fucking up my voice-to-text because so many other people are talking.
LMAO imagine being at a bar and talking to Siri to argue with a so-called autist about shitcoin on a basket weaving board. Where threads are deleted the next day. Or even giving a fuck about potential spelling mistakes to make another post about it. Pathetic. Insecure. Clearly not confident in your investment. Sad.

>> No.15102157

MASSIVE FUD THREAD,
-> buy signal
I'm not selling FAGGOTS

>> No.15102189

>>15102087
>I don't hang out in Telegram with other bagholders like you do.
You literally spend countless hours scavenging for screenshots to bolster your debunked arguments.

>Yet, you can never out argue me
We do it everyday.

>Because I know the project more than you do
Is that why you get caught in a contradiction in every thread

>LMAO imagine being at a bar and talking to Siri to argue with a so-called autist
UFC fights are over. Now I'm just here to drink. Not actually socialize with these normies

>> No.15102191

>>15102157
One person posting fud is a buy signal for you? Great coin you got there.

>> No.15102206

Just for the record, no one has answered my question. If VIDT is a pump and dump, where's the pump, and where's the dump?

>> No.15102208

>>15102191
21 posts by this ID
Good job pajeet. Bet you made like 42 cents today on this thread.
42 cents
>42

>> No.15102215

>>15102189
>UFC fights are over. Now I'm just here to drink. Not actually socialize with these normies
You mean normies wouldn't want to socialize with you. Seeing you yell "autist, 4channel, schizo, and hahahaha" into your iPhone might have had something to do with it. Should have stayed at home and go to bed, drunkard.

>> No.15102227
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15102227

>>15102215
22 posts by this id... makes fun of others for lack of social life... mfw

>> No.15102229

>>15102208
>Good job pajeet. Bet you made like 42 cents today on this thread.
I can buy myself 2 VIDT which will be $20000 by the end of the month by bagholder calculations. Or 40 cents in four months, after IDEX fees, by my calculation.

>> No.15102240

>>15102229
I'm out bro I got shit to do. But keep posting. I don't mind. No one does. Because no one cares.

>> No.15102252

>>15102240
>Because no one cares.
That's why you replied specifically to me, thrice, adding nothing else interesting to thread. We believe.

>> No.15102282
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15102282

Give up dude. This is so pathetic God damn

>> No.15102291
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15102291

>>15102282

>> No.15102299

>>15101627
You will make it

>> No.15102313

>>15101885
Solid arguments? You have been spouting absolute nonsense.

Everyone is entitled to their own opinion but at least if your gonna FUD say something realistic or try harder, you think your so smart but your posts make no sense loool

>> No.15102328
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15102328

>>15102313
>you think your so smart but your posts make no sense loool
Condolences.

>> No.15102344

>>15102215
That's the only thing accurate you probably ever said

>> No.15102352

>>15102344
Once you sober up, the rest of my posts will also make sense. Should screenshot them for future reference.

>> No.15102414

>>15102352
Thanks Raj see you in the next thread

>> No.15102438

>>15102414
You're welcome, "Chad". Take an Uber and don't drive home.

>> No.15102583

>>15102438
: D

>> No.15102606

>>15102352

Nah, they really dont.

>> No.15102705

>>15102606
Case closed, everyone is convinced.

>> No.15102725
File: 2.68 MB, 4032x3024, IMG_20190803_203610.jpg [View same] [iqdb] [saucenao] [google]
15102725

>>15102705
What the fuck did you say to me you little bitch

>> No.15102741

>>15102087
>>15102107
Alright you stinky pajeet. I'll bite the bait.

>No one will be able to buy or sell this in the US by the end of the year. No Coinbase, no Binance, and most importantly, no IDEX. It's a security token.

This has never been stated by any organization. it has an equity conversion option sure but keeping burgers from owning the equity is as simple as blocking the conversion option for burgers.

>VIDT was a pump and dump /biz/ FOTM project. Airbus and Amspec are nothing burger in the grand scheme of things. In order for the market cap of the coin to be worth more than it is right now, you would need at least 200 AmSpec level companies using the service. For a 2X from this point forward, 400 major companies. Otherwise the token is significantly overvalued. Beyond The Meat tier overvalued. What would justify a 40 million market cap right now when V-ID currently makes less than 3 million dollars net profit a year?

Made up figures. You're suggesting the P/E ratio should be 1:1 with revenue. In reality P/E is skewed exponentially above 1; FB P/E is 30, CSCO is 20, MSFT is 30, NFLX is 125, etc etc. V-ID is in its infancy and are likely to onboard more clients outside of the billion dollar Airbus and AmSpec clients, not to mention working with IBMs IoE project. This is one of the only crypto projects with actual clients so that unique feature alone puts it miles ahead of any other crypto project.

>> No.15102750

>Think about it. Customers buy a SUBSCRIPTION plan, where they get 100 file verification for free for $55 or 300 verifications for $165 a month. Anything above this free monthly allotment costs $2.26 to $1.55, respectively. If you buy an enterprise level subscription plan, these prices are significantly less and adjusted by volume.

As stated on the website: The minimum VIDT fee is reset every month as the rounded equivalent of € 1.24 on the 1st day of the quarter. So that's approximately $1.38 per validation. According to this months burn report, 438,664 VIDT was spent, equivalent to 87,732 validations, equivalent to $121,071 or $1.45MM per year. Of course that assumes that V-ID stops growth as an organization which is unlikely since they are expanding their business and use cases regularly. Assuming $1.45MM revenue, at a P/E of 10, that’s $14.5MM MC, at P/E 20 $29MM MC, at P/E 30 $43.5MM MC, at P/E 100 $145MM MC, and one again, that’s assuming the company does not expand. If 200 AmSpec clients did onboard like you say, then at 50k validations per month, then that would be approximately $14MM per year and you could multiply the above figures by 10.

>Therefore, the maximum amount of dollars a file verification could cost for V-ID would have to be less than $1.55. Except for $55 you get 100 file verifications, so that's 55 cents at breaking even. Add in a profit margin of 50%, now you're down to 0.27 cents. Then consider that enterprise level subscriptions get better prices based on volume, let's be generous and say it costs V-ID a whole $0.25 to do a verification because they make less profit per validation on high volume clients.

Addressed this above.

>> No.15102757
File: 242 KB, 2000x2166, token.jpg [View same] [iqdb] [saucenao] [google]
15102757

>>15102725
I said, token not needed. See pic related. All you have in that tokenomics infographic are VIDT, Businesses, Exchanges, and Investors. There is no staking and there is no reason to hold VIDT.

Business wants files verified.
V-ID says that will be 12 Chuck E Cheese tokens or $1.55.
Business pays $1.55 to V-ID.
V-ID takes Chuck E Cheese tokens from their inventory, does the file verification and burns about 3 of those tokens from their inventory.
V-ID hops on IDEX and buys 1 VIDT from you and other anons.
Repeat.

What is the UTILITY of this token for you, anon? Why would hold 10,000 VIDT? Just holding it in case V-ID comes on IDEX and buys it off of you? Is that the utility right now? It's getting delisted from IDEX by the end of the year. Enjoy it while you can.

>> No.15102758

>>15102750
>But wait a minute. The subscriptions also come with widgets, validation portals, staff training on-site, and most importantly (and expensively): customer service. So we know it's even less than 27 cents per file validation just to break even. Because some companies on the cheapest $55 option might only verify 100 files and will not go beyond their monthly allotment. Do you think V-ID would lose money on these clients?

If the cheapest option is $0.55 then I’m sure that it is at the very minimum a break even price. At this point you are only doubting the competency of the team.

V-ID transaction volume has only been growing. Between June and July the growth was 1.5x. Every validation is free advertising for anyone utilizing the verification portal included on every onboarded clients website. If you don’t see the potential, fine. But fuck off with your bullshit fud. None of it sticks in real life.

>> No.15102789
File: 271 KB, 800x608, 1562031393894.jpg [View same] [iqdb] [saucenao] [google]
15102789

gonna get out of here. wasted enough time replying. good thought exercise but waste of time.

here, have a meme.

>> No.15102832

>>15102741
>This has never been stated by any organization. it has an equity conversion option sure but keeping burgers from owning the equity is as simple as blocking the conversion option for burgers.
V-ID will never admit to VIDT being a security token. Coinbase and SEC has never heard of V-ID. Binance doesn't care, but they will for Burger Binance. You don't need an authority to specifically tell you it's a security token, just as you don't need a judge to tell you that murdering your neighbor was illegal or downloading a pirated version of Microsoft Windows. You should be able to figure it out. You need to verify with your eyes and connect the dots:

>Framework for “Investment Contract” Analysis of Digital Assets
https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets
>The inquiry into whether a purchaser is relying on the efforts of others focuses on two key issues:
>Does the purchaser reasonably expect to rely on the efforts of an AP?
In this case, AP means "Active Participant" or V-ID.

>An AP creates or supports a market for,[17] or the price of, the digital asset. This can include, for example, an AP that: (1) controls the creation and issuance of the digital asset; or (2) takes other actions to support a market price of the digital asset, such as by limiting supply or ensuring scarcity, through, for example, buybacks, "burning," or other activities.
Buybacks and burning.
B-b-b-butt it's not an Investment Contract or an ICO, you might say. Read past the title of the page.

>The term "security" includes an "investment contract," as well as other instruments such as stocks, bonds, and transferable shares. A digital asset should be analyzed to determine whether it has the characteristics of any product that meets the definition of "security" under the federal securities laws.

>> No.15102856

>>15102750
>According to this months burn report, 438,664 VIDT was spent, equivalent to 87,732 validations, equivalent to $121,071 or $1.45MM per year.
What you seem forget is that there are free validations (included in the subscription) and the "rounded equivalent of € 1.24" that you pay when you go past your subscription plan allotment. 87,732 validations would only be equivalent to that amount is if 100% of the validations cost money for the client. On a $55 plan, 100 of them are free.

>> No.15102870

>>15102832
Umironically that is a serious fucking problem

>> No.15102893

>>15102741
>Made up figures. You're suggesting the P/E ratio should be 1:1 with revenue.
The figures were not made up. They were based on the fact that "AmSpec produces 50,000 inspection reports per month globally". Source: https://about.v-id.org/amspec/

Except I was being generous by assuming that those 50,000 inspections were all validations that cost $1* and not free verifications.
*they receive adjusted reduced pricing for being a high volume client. And assuming all 50,000 were past their monthly allotment.

>> No.15102956

>>15102758
>If the cheapest option is $0.55 then I’m sure that it is at the very minimum a break even price. At this point you are only doubting the competency of the team.
Except you're not counting the fact that $55 includes the portal, templates, and customer service. You don't divide $55 by 100 and get 55 cents. You still need to pay for electricity, client on-boarding, rent, and so forth. Include the cost of that client, then divide the free validations, and estimate the profit margin. That's why I said it's less than 27 cents. It's closer to 11 cent, if you do the calculation from earlier.

>> No.15102959

>>15102870
>Umironically that is a serious fucking problem
I told you. It's a security token. I did my research.

>> No.15103006

>>15102959
I mostly hold BTC, ETH, and LINK. I'm not really worried about my viddies so much as the entire cryptosphere.

If the altpocalypse comes I have to imagine BTC, ETH, and XMR will pump.

With all the billions upon billions of dollars already invested in alts, I wonder what the SEC will really do.

>> No.15103079

>>15103006
>With all the billions upon billions of dollars already invested in alts, I wonder what the SEC will really do.
If projects didn't promise scheduled buybacks, token burns, bombardments, and the tokens had actual usecase, SEC wouldn't care. Look at Flexacoin. It's not on any exchange officially. It was a community effort to get it listed and the team never mentioned or suggested buying Flexacoin FXC or even name-dropped IDEX. That is because the team knows it's a security without the SDK, which will allow devs to implement the Flexa network in their wallets/games/apps. Once the SDK is out however, it's officially a utility and can be listed on Gemini and other exchanges.

I don't hold Flexa anymore, but I did make a 4X on it before it was even mentioned on /biz/. Legit project, but it won't go past ATH.

>> No.15103228

>>15103079
I can't say your wrong. The level of decentralization has a strong effect on the SEC's definition of a security though. I think that is the saving grace of a lot of tokens. If there ends up being grace to be found

>> No.15103264

>>15103228
>If there ends up being grace to be found
A coup de grace, that's all.

>> No.15103323

>>15103264
Well how hard could it be to simply become licensed? What would a typical project need to do to satisfy the criteria of the SEC for licensure?

>> No.15103400

TLDR, will I make it if I have 40k Viddies?

>> No.15103606

>>15103400
Yes fren

>> No.15103967

>>15103400
yes fren the fudder just popped adderall because he missed the wave /depression

>> No.15104173

>>15103967
Wrong. I’m still here. If you hold VIDT for the long-term, you will never make it. Look into Unibright. That’s your future.

>> No.15104693

Solid coin. Probably top 100 on CMC by the end of year.

>> No.15104779

>>15104173
Sold my VIDT bought all Unibright TY fren

>> No.15105209

>>15104173
Looking at the Unibright chart, the future of Unibright is $0.

>> No.15106352

>>15098596
>>15098643
>>15098952
>>15099395
>>15099485
>>15099658
>>15099729
>>15099872
>>15100087
>>15100444
>>15101166
>>15101627
>>15101750
>>15101855
>>15101885
>>15101921
>>15102087
>>15102107
>>15102191
>>15102215
>>15102229
>>15102252
>>15102291
>>15102328
>>15102352
>>15102438
>>15102705
>>15102757
>>15102832
>>15102856
>>15102893
>>15102956
>>15102959
>>15103079
>>15104173

https://community.binance.org/topic/623/proposal-for-listing-vidt-on-binance-dex/21

Read point #21.

Brainlet.

>> No.15106867

>>15106352
>https://community.binance.org/topic/623/proposal-for-listing-vidt-on-binance-dex/21

This

>> No.15106870

If vidt for long term is popo, what other coins x10 you suggest?

>> No.15106884

>>15106870

VID-T is way more than a 10x, no coin is crypto have more potential right now

>> No.15107202

i love VIDT because both the fudders and the pumpers are brainlets.

the success of this coin hinges on one factor, can these dutch chads shill the service to more companies. thats it. the blockchain tech is childishly simple. all they have to do is shill it.

>> No.15107253

vidt is a decent coin, but it's not a moon coin, even amspec can't pump it too high

>> No.15107342

>>15107253
I've always said is a comfycoin