Veritaseum (VERI) & Etheroll (DICE) Go Moon!

3년 전

Veritaseum has just broken north of over 48% returns in a day, whilst Etheroll (DICE) is over 400%!

These two coins are examples of how investing in shit-coins can actually provide a significantly high return than investing in some of the more major tokens that have a much higher marketcap (Ethereum & Bitcoin).

The reality is that some of these coins may provide much higher returns, and could be used as a "currency" much more than the latter. These coins have to compete with hundreds, if not thousands, of other coins for the top spot.

Veritaseum = Reggie Middleton's baby, which is backed by furious and unfaltering marketing.
Etheroll = A working, provably fair, decentralized dice gambling application.

Both are built on Ethereum, and both provide very different opportunities.

Let's face it, gambling is addictive, and some say that many drawn to cryptocurrency are dopamine reward seeking types.
Naturally, this would mean that many of the people within the community would be willing to play these risky games, and will continue to return ever so often. This gives the DICE token value, providing a form of dividend to token holders, and increasing the value of holding this ever scarce stock.

Veritaseum can only continue to soar higher, with it's currently very limited supply being traded. Also keep in mind that you cannot yet even find it on the larger of exchanges, which eventually VERI's listing on should push the price ever higher.

It doesn't feel like you can make a bad pick these days- provided you do at least a bit of research :)

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  ·  3년 전

It is VERY clear that Veritaseum is being trading back and forth and exploiting the lack of order matching on Etherdelta to paint fake numbers (both 1) volume and 2) price). It's pretty gross.

http://veritas.veritaseum.com/index.php
"Veritaseum enables software-driven P2P capital markets without brokerages, banks or traditional exchanges"

Their website barely makes sense...it's the most blatant market manipulation I've seen and the token has no economic value.

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Agreed. This is as scammy of a coin as it gets. I'm glad @crypt0 correctly referred to it as a shit coin.

I do think when Veritas finally ends up on a big exchange, it'll come crashing down because of actual real volume.

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Yea, but where is the border between coin and shit-coin?

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Lol. The border is shit

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LOL...not sure where the border is, but this one is on another planet.

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As usually, market will decide.

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  ·  3년 전

How much would one have to pay in transaction costs to do that? I do totally agree on it looking like complete price manipulation by its creator and/or some big holders.

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  ·  3년 전

Not much at all, probably one hundred dollars per day at most.

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  ·  3년 전

benjaminadams, writing "@lukeadams", you summoned the info service of @qed:
44.288% of steemers have lower reputation than lukeadams.
43.172% of steemers signed up later than lukeadams (2017.05.18 at 08:19:51).
Hope that helps. Take care!

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Thank you for this critical information.

To me, too, small coins seem to be a more profitable investment of money. But how to determine in advance which token will take off, and which will prove to be fraud?

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I believe the best thing is simply to invest a little bit in many coins (like a portfolio) because then if one coin soars, it could neutralize the losses of maybe 5 coins so the risk becomes very small.

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This is why I think Vorhees' Prism project is so interesting. You will be able to create multiple 'shitcoin' mini hedge funds just like the big boys do. It remains to be seen how inclusive the list of tradable coins will be in that project.

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Where can I read about that?

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Just taking this opportunity to say "THANK YOU FOR FOLLOWING ME"

More people probably should of listend to @crypt0 when he showed how to get it when it was under $40.
Thanks for the info on how to (even tho I lost mine ah)

amazing and can I buy these on Bittrex?

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Not yet, I believe, but you can find them on Etherdelta

If I was a trader, I would go for smaller coins aswell. But I simply don't have the energy to look around at these coins so I simply stick with Steem. I'm fairly certain that it will be worth alot one day so I just go for the ride all the way up. :)

@crypt0 ,nice seeing u in the EtherDelta chat the other day (aka thesingingbowlguy). I bought Veri @ $42, sold some made back my original investment and have plenty to spare.
I have to say though the ZCL/ZEN transition was the biggest earner for me to date, that was your best tip IMO. Thanks for keeping it real..

Spreadsheet reminder ✌

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Yeah, thanks! My friend agreed to send it over, so I should have it for you soon :)

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  ·  3년 전

Hey man, love your videos. These guys are saying it is a scam coin. Surely not? Please reply. Appreciate it!

Well done post You deserve for getting Upvote from me. I appreciate on it and like it so much . Waiting for your latest post. Keep your good work and steeming on. Let's walk to my blog. I have a latest post. Your upvote is high motivation for me. Almost all Steemians do their best on this site. Keep steeming and earning.

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This comment has received a 0.08 % upvote from @booster thanks to: @hamzaoui.

I always thought the term "shitcoin" was reserved for stuff that serves no purpose, something like doge or pepe or similar?

But it sounds like Veritaseum and DICE do serve a purpose to me. I'm not sure I'd call them shitcoins.

Would love to hear your take on the term @crypt0 :-)

Should we call gambling-focused coins "vicecoins"?

Veritaseum has huge predictions in the coming months from Clifhigh and his resources. The three amigos chatted a few days ago about it.

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@everydaycitizen who are the 3 amigos u are referring to?

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Bix Weir, jsnip4, and Clif High :) Worth listening to...totally an experience.

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Thanks for responding Omar! I'd recommend diving into this new Pillar Project coming up. Next Veri maybe.

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Same suggestion here, Omar. Pillar looks interesting.

You can obtain DICE in these exchanges:

Vertitaseum is on top 20 seems interesting, some speculate it to go to 3-5k by next year....I was watching some videos of thier CEO and he seems like a legit guy, but have to read up on it more. THanks for the info!

At least people made good money with it while it was doing well ;P Now everything's in a downwards spiral

Lol, I can now see the volume going up at Veritaseum & Etheroll because of your post!

fuuuuuu i was looking at the charts for these the other day. Ended up investing in Bitquence ICO

Hey crypt0! I love your work man, so I put together a short video for you! Hope you dig it bro & keep up the awesome work 👍👍🌐
image
Post + VIDEO ---> https://steemit.com/crypto-news/@vizualsamuri/why-this-crypto-ep-2-omar-bham-aka-crypt0-ethereum-201777t13421939z

Thinking about buying Veritaseum, thanks for the info.

Man, I missed out on VERI when it ICO. I didn't know how to buy it at the time. Currently, I don't know much about DICE coin. I will have to check it out. Again, thanks for the daily info, CRYPT0.

veri.jpg

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@halfscreen if you still want to buy, check out the video on myself or crypt0's page. All the best
LL

What are your thoughts on Populous (PPT)? Seems to have good potential.

I looked at Veritaseum chart on coinmarketcap, it's very unusual IMO..

Does anyone do some kind of fundamental analysis on shitcoins? It looks like it is pure speculation roller coaster now. How can investors compare cryptos now?

Pretty glad I hopped on the etheroll train. Love the actual working product and it's functionality is great.

Nice post @crypt0
Awesome,pleace voet

I think the reason DICE is up so much is mostly because of people paying insane amounts of ETH for it just by not knowing what they do. Look at the orderbook and you'll see someone fatfingered those buys.
Thats whats happening quite some times in etherdelta...

But I like DICE and will observe VERI, especially when it will be on a larger exchange.

Veritaseum seems to be getting stronger on the expectation that it will be traded on a larger exchange. I expect it will get a nice pop when it does because a new audience will be able to get a token that is already the 16th largest among all currencies and assets by market cap on Coinmarketcap and the second largest "asset" on the list trailing only EOS. With a market cap over $400 million I would not consider it a shitcoin. Clif High believes that banks will be the next big buyers and that they will take the price well above 1 ETH per VERI in short order. The chart pattern I see is not manipulation but people crowding into the trade before the next big pop. That pop could happen at any time but last an hour or less. That's why it's not selling off now. People want to sell at 2 or more ETH/VERI and believe they will be able to do so very soon.

Well, after seeing this we can officially say that people are gambling on cryptocurrency not just investing in it. Cryptocurrency market has always been so volatile from the beginning because of all the gambling it is happenning here.
Vertaseum and Ethroll is the perfect examplpe for the same. People are just loosing their mind while in a hurry to make some quick bucks. And I am sure only a small percentage of people would be able to do that and most of them fall a victim to a heartbreaking loss.
Useless Ethereum Token Is also an example which shows people are just investing on anything and everything. This is a useless token and it is considered useless by its developer itself and he calls it a spoof on its official ICO page, yet people are making investment in this coin regardlessly.
In future I think, the crytocurrency market will fall and then people would know the value of investing.
Thanks for making people aware @crypt0

A lot of coins have been shooting up recently :D

I think your finish was spot on research for your self, good read thanks mike

Where can we buy Veritaseum from right now?

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Etherdelta

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My pleasure, makshay :)

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mercatox.com...much easier than etherdelta.

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Thanks for the info @blubeast.
I'll check it out. :)

  ·  3년 전

Oh there are few more etherium projects.
Packing my bags, selling my pants to buy every single possible Veritaseum tokens!

But if seriously.. i'll definitely have to check them out if you say so.)

Risky but it worths

sooooo many soooo little time :(

A Steemit exclusive!

Great post!
Resteemed this is pure gold, thanks for sharing!
Im following you !

We have elected to put our money and faith in a mathematical framework that is free of politics and human error, so lets move on. Thanks for this informative post.

I think in time you will realise Veritaseum is not a shit coin.

  ·  3년 전

Etheroll/DICE is quite interesting and seems to have people playing on their platform already. Interesting to see where it goes, might pick some up actually.

Great keeping us updated. Love this stuf.

I see these smaller alt coins as being compared to penny stocks.. If you know how to use them you can potentially make great money :)

I agree with everything you have said here. Up Voted, Resteemed and Followed

Great post!

DICE isn't a good investment it is just a gambling coin basically, if you look on there site. I don't see a good future for them.

Both are built on Ethereum, and both provide very different opportunities.

and now ETH it is your turn again, go to the moon..

guys! look at unobtainbale! token has tits own blockchain and has been around since 2014. only 197000 coin supply and max csapped at 250,000

I never understood how the coins behave. I guess it is very difficult to guess any real value unless a coin is a year old.

Small coins are where the big money is but it's hard to pick them before they pop. Most won't be popping!

Does anyone have any clue when this will be available on the big exchanges?

In 2010 i invest 560eur in one new company (loto, poker, casino,...) and in 2015 i get 25Keur. I did not promote, invest or work anyhow on this project. Last month i sell the last 800eur and i finish vith this company because i do not believe in gambling . Some other will probably say that actually any kind of business is gambling but some are more healthy than others.

Russian rollete all this unclear tokens. Enjoy while you can and like a pyramide last one will fall the hardest

If you don't jump into VERI now... you will just be beating yourself up in the very near future....

I really don't know why I would invest in Veritaseum (VERI) there are so many other better coins, in my opinion it is a pump and dump coin.. https://satoshi.fund/ has a lot of great information and a good long term plan.

Haha, I like the term "shit coin". Nice article.

Wish Veritaseum would come to Bittrex!

Are you pumping?? ;)

Every coin is a shitcoin until it becomes useful

Hi, we are planning new ICO for Ai and data-science startup.
If you are interested, check please or announcement post

https://steemit.com/cryptocurrency/@gromozeka/ann-ai-and-the-blockchain-help-with-an-ico-proof-of-concept-for-new-startup

Hey Omar - taking this opportunity to post my first comment on Steemit. Regular watcher of your videos on YouTube. Exciting times. Thanks for all your great work.

Congratulations @crypt0!
Your post was mentioned in my hit parade in the following category:

  • Pending payout - Ranked 9 with $ 538,05

Hey Omar!, Great Blog! Wish I had of jumped into Veri whenit was 75$ ffs

I have an interview coming up with the Rakugo team in about a week, if you - or anyone else viewing this has any questions they would like to see asked, Please post them here - https://steemit.com/rakugo/@conradhann/submit-your-questions-for-the-rakugo-team-interview-next-week

Thanks! Keep up the great work!

I'm pretty much sold on the idea of spreading a few bucks around the fractional dollar coins at this point. After seeing there's one called "golem" I thought I could start my own called "goyimonium." That word is just so heavy with meaning, lolz.

I love the "the Team" pictures that these types of alt coins use as typical (sarcasm). Just one step above your typical "mug shut" just before you get locked behind bars for the night. They are setting up their future legal defense. You had to know this was a scam. We advertised using our mug shots

STEEM On!!

I just love the jingle of my good old silver coins. I own fiat, backed by zero, crypto just for fun.

Thankyou for sharing this @crypt0! UPVOTED! maybe you can upvote and look at our blog and leave us a few reviews? takes a second. Will appreciate it :) and help us alot in our cause Here is my article about crypto :

https://steemit.com/cryptocurrency/@haky-speaks/is-cryptocurrency-going-to-crash-is-it-a-good-thing

400%??? I missed out on that one.

good posting

Great post! Good work !
Follow me > follow You!
Grettings from PL - deazydee

Interesting post. I was about to post a similair post. Cryptos will probably go through a more extreme pattern that bitcoin went though. High ups and high downs before it becomes stable. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? I really advice people to take a look at: https://www.coincheckup.com If you want to know more about the: team, product, communication transparency, advisors and investment statistics on every crypto then this is your go to platform.

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