The Case for $VTHO
Look where no one is looking to find the 1000x
There is a Dark Horse
$1,000 on a parabolic rise towards $1,000,000
Through pure fundamentals
-Or-
Through crypto speculation
Both are explained in the following thread
#VTHO #VeChain #VeFam #VET $VET
Look where no one is looking to find the 1000x
There is a Dark Horse
$1,000 on a parabolic rise towards $1,000,000
Through pure fundamentals
-Or-
Through crypto speculation
Both are explained in the following thread
#VTHO #VeChain #VeFam #VET $VET
Table of Contents:
Intro
A Broken Ecosystem
The Emergence of ToolChain
The Source of VET's Value
1000x by way of Crypto Speculations
1000x by way of Fundamentals
VTHO as a Currency
Mass Adoption
Intro
A Broken Ecosystem
The Emergence of ToolChain
The Source of VET's Value
1000x by way of Crypto Speculations
1000x by way of Fundamentals
VTHO as a Currency
Mass Adoption
The Myth
Logical Inconsistency
Hypotheticals
Misperception and the Dark Horse Token
Summary
A Closing Thought
VTHO Giveaway
1 Chapter will be added to this thread every 10 minutes
Beginning 01/10/2021: 0800 CST
Logical Inconsistency
Hypotheticals
Misperception and the Dark Horse Token
Summary
A Closing Thought
VTHO Giveaway
1 Chapter will be added to this thread every 10 minutes
Beginning 01/10/2021: 0800 CST
Chapter 1
"A Broken Ecosystem"
$VTHO #VTHO $VET #VET #VeChain #VeFam
Firstβ¦
You must realize the broken state of the current VTHO ecosystemβ¦
VTHO is set to be the Global Currency for the most advanced logistics database in history
Enterprises, by holding the coin VET, can passively produce VTHO, and use that VTHO as the currency to utilize all the features of the blockchain database
Enterprises, by holding the coin VET, can passively produce VTHO, and use that VTHO as the currency to utilize all the features of the blockchain database
At least that was the original, widely promoted strategy for VeChain's VET coin
"Entities will buy tons of VET to produce their own VTHO"
So how would that be applied if it was true today?
"Entities will buy tons of VET to produce their own VTHO"
So how would that be applied if it was true today?
Walmart is currently the top user of the blockchain, doing about 200k transactions to the #blockchain a day, which costs 8K dollars
In order to currently hold enough VET to support this, they would need to hold a quarter of all VET in existence, costing them 400 million dollars up front, in order to do $8K of transactions a day
Walmart did not buy a quarter of the 86 Billion VET supply
Walmart did not buy a quarter of the 86 Billion VET supply
@VulcanVerse is the top community project on VeChain
A creative team quickly expanding along with their #MineCraft/ #Pokemon hybrid game
In order to produce the VTHO needed before they launch, they would need to buy $40,000,000 worth of VET
Beyond impractical for any startup
A creative team quickly expanding along with their #MineCraft/ #Pokemon hybrid game
In order to produce the VTHO needed before they launch, they would need to buy $40,000,000 worth of VET
Beyond impractical for any startup
VTHO is so undervalued
That the original intended ecosystem of Enterprises buying VET can't manifest
VTHO is worth too few transactions compared to the cost of the VET needed to generate it
It has broken VET
That the original intended ecosystem of Enterprises buying VET can't manifest
VTHO is worth too few transactions compared to the cost of the VET needed to generate it
It has broken VET
But instead of trying to force a broken system
VeChain has pivoted to a business strategy that is increasing adoption rapidly
This pivot was necessary
It has been excellently executed
And will open the gates wider to mass adoption
VeChain has pivoted to a business strategy that is increasing adoption rapidly
This pivot was necessary
It has been excellently executed
And will open the gates wider to mass adoption
Chapter 2
"The Emergence of Toolchain"
$VTHO #VTHO $VET #VET #VeChain #VeFam
If enterprises don't want to deal with crypto
You're not going to force them
It's clear, no CEO will lock up immense capital, capital that could be used for business growth, in an extremely volatile high risk asset that returns a miniscule monetary value
However, every CEO wants to utilize a platform that will save money and add transparency, safety, and authenticity to their supply chain and products
So VeChain adapted to enterprise needs in a way that promotes adaption to happen even faster than originally intended
So VeChain adapted to enterprise needs in a way that promotes adaption to happen even faster than originally intended
The emergence of Toolchain allows companies to cut out crypto, and pay a stable rate in their local currency
The business can use all the blockchain services
The business can use all the blockchain services
Enterprises pay for a transaction
And on the back end
VeChain uses an equivalent amount of VTHO purchased from the free market to process the transactions
The enterprise never has to touch crypto
But at the same time
Each enterprise is indirectly purchasing and using VTHO
And on the back end
VeChain uses an equivalent amount of VTHO purchased from the free market to process the transactions
The enterprise never has to touch crypto
But at the same time
Each enterprise is indirectly purchasing and using VTHO
This is indirect market demand for VTHO
Because VTHO is the only form of payment the BlockChain accepts:
VTHO has tangible, functional, value
VTHO is the initial mover from influx of new capital
As VTHO value rises with higher demand
VET becomes an economically viable asset
Because VTHO is the only form of payment the BlockChain accepts:
VTHO has tangible, functional, value
VTHO is the initial mover from influx of new capital
As VTHO value rises with higher demand
VET becomes an economically viable asset
ToolChain cuts out the growing pains of crypto for industries
VeChain partners have abandoned buying VET to buy VTHO indirectly
Such as all 100+ companies in the "China Animal Health & Food Safety Alliance"
It has become the standard mode of operation for enterprise clients
VeChain partners have abandoned buying VET to buy VTHO indirectly
Such as all 100+ companies in the "China Animal Health & Food Safety Alliance"
It has become the standard mode of operation for enterprise clients
ToolChain brings increased rates of adoption...
VTHO demand rises
VTHO value rises
VTHO is able to execute more transactions per Token
VET now generates more access to the blockchain
Gradually restoring the original modelβ¦
"Purchase VET to utilize the VeChain BlockChain"
VTHO demand rises
VTHO value rises
VTHO is able to execute more transactions per Token
VET now generates more access to the blockchain
Gradually restoring the original modelβ¦
"Purchase VET to utilize the VeChain BlockChain"
VET having immense value, and being gobbled up by enterprises is not a lie
It will happen
But time matters, and that's not where we're now at
VET has to have value first
Right now, it has zero value
It will happen
But time matters, and that's not where we're now at
VET has to have value first
Right now, it has zero value
Understand VET, by itself, has no value
It is not ownership of the company like a stock
IT PRODUCES VTHO
That's what it is, an asset that produces something else of value
VET's value is dependent on the value of the VTHO it produces
The VTHO produced is what gives VET value
It is not ownership of the company like a stock
IT PRODUCES VTHO
That's what it is, an asset that produces something else of value
VET's value is dependent on the value of the VTHO it produces
The VTHO produced is what gives VET value
In order for VET to be desirable to enterprises, and thus investors, it must do one thing
It must produce its utility at an Annual Percentage Yield( The value an investment produces in a year, as a percentage of the total holdings) at the level of other high risk assets
It must produce its utility at an Annual Percentage Yield( The value an investment produces in a year, as a percentage of the total holdings) at the level of other high risk assets
Currently 1000 in VET, produces 5 $ in vtho a year, for a .5% APY
For perspective
High risk investment need a minimum 5% APY to be a viable investment
Many Cryptos are Pushing 10% APY
For perspective
High risk investment need a minimum 5% APY to be a viable investment
Many Cryptos are Pushing 10% APY
A savings account has no risk and a .6% APY, essentially producing more VTHO then VET when converted
You don't need VET for VTHO
Any asset with an APY can be converted to VTHO
You don't need VET for VTHO
Any asset with an APY can be converted to VTHO
VET only has investment value if it gives at least the 5% APY
And the APY applies a consistent pressure to VET appreciating
And the APY applies a consistent pressure to VET appreciating
VTHO has to 10x in VET value to reach the ecosystem sustaining value of 5% APY
So any statement to say VET will rise on fundamentals
Is to say that VTHO will rise by that tenfold
So any statement to say VET will rise on fundamentals
Is to say that VTHO will rise by that tenfold
To Speculate on VeChain
To invest because you think it will be a success
Is believing it will reach a 5% APY and VTHO is worth .3 of a VET
VTHO is currently worth .03 of a VET
To invest because you think it will be a success
Is believing it will reach a 5% APY and VTHO is worth .3 of a VET
VTHO is currently worth .03 of a VET
For VTHO to reach .3 of a VET, it would have to rise from the #364 cryptocurrency to #75
Though overlooked and undervalued
VTHO can appreciate to a price that balances the VeChain ecosystem quickly
Low Market Cap tokens typically have lower volume and move up and down the charts much easier
VET typically has well over 100x more Volume than VTHO
VTHO can appreciate to a price that balances the VeChain ecosystem quickly
Low Market Cap tokens typically have lower volume and move up and down the charts much easier
VET typically has well over 100x more Volume than VTHO
Right now would take 1.5 million dollars to move VET 10% on Binance USDT pair
It would take just 50K dollars to move VTHO 10%
With 1.5 million dollars, VTHO would be nearing a 10x
If this happened, VET would hold a 5% APY, becoming an asset much more worthy of long term holds
It would take just 50K dollars to move VTHO 10%
With 1.5 million dollars, VTHO would be nearing a 10x
If this happened, VET would hold a 5% APY, becoming an asset much more worthy of long term holds
VET is currently ranked 22nd among cryptocurrencies with a $1.8 B Market Cap
VeChain has the most crucial partnerships as well as the most use cases
It is the leader in real world implementation of blockchain and is cornering the next generation of global supply chain logistics
VeChain has the most crucial partnerships as well as the most use cases
It is the leader in real world implementation of blockchain and is cornering the next generation of global supply chain logistics
If VTHO was not dragging VET down, it should realistically be a top 5 Cryptocurrency
No one can compete with its degree of enterprise adoption
However, its APY is of the lowest in crypto
Making it an undesirable coin to hold
And keeping it from holding pumps and climbing rank
No one can compete with its degree of enterprise adoption
However, its APY is of the lowest in crypto
Making it an undesirable coin to hold
And keeping it from holding pumps and climbing rank
If VTHO is speculated in its own ecosystem to, 10x in VET value, to make VET stable
And then VET, due to partners, technology, and APY, rises to a top 5 crypto (10x)
And the total crypto market cap goes 10x with mainstream adoption
That is a "This Cycle" 1000x
10 x 10 x 10
And then VET, due to partners, technology, and APY, rises to a top 5 crypto (10x)
And the total crypto market cap goes 10x with mainstream adoption
That is a "This Cycle" 1000x
10 x 10 x 10
Again,
If the total crypto market cap 10x's
And VET 10x's inside the Market Cap's 10x
And VTHO 10x's inside VET's 10x
The 1000x is feasible
Achieved this cycle purely by catching up to correct market value of the current atmosphere
If the total crypto market cap 10x's
And VET 10x's inside the Market Cap's 10x
And VTHO 10x's inside VET's 10x
The 1000x is feasible
Achieved this cycle purely by catching up to correct market value of the current atmosphere
Crypto speculation is not always logical
Currencies are ranked by hype and promises
And most pumps are tied to riding BTC waves
Typically with no relation to increasing faith in a specific project
Rises can not always be fundamentally justified
Currencies are ranked by hype and promises
And most pumps are tied to riding BTC waves
Typically with no relation to increasing faith in a specific project
Rises can not always be fundamentally justified
The ironic thing is
Of all the coins receiving crazy speculative value
The one that is not
Is the most likely to justify receiving that speculation
A crypto rising 10x from a BTC pump, does not mean they will be able to generate 10x value
Eventually they will fall back down
Of all the coins receiving crazy speculative value
The one that is not
Is the most likely to justify receiving that speculation
A crypto rising 10x from a BTC pump, does not mean they will be able to generate 10x value
Eventually they will fall back down
But VTHO not only can fundamentally justify a 10x BTC wave pump
It can justify a 1000x pump
And achieve that real value, through fundamentals, by the next Bull cycle
It is of the few that if speculated in the current market's spirit
Would surpass that valuation fundamentally
It can justify a 1000x pump
And achieve that real value, through fundamentals, by the next Bull cycle
It is of the few that if speculated in the current market's spirit
Would surpass that valuation fundamentally
The total supply of VET produces around 37 million VTHO per day
Every transaction on the Blockchain costs VTHO, and Burns 70% of it every transaction
Currently, it takes 1 million transactions a day to burn 37 million VTHO
Every transaction on the Blockchain costs VTHO, and Burns 70% of it every transaction
Currently, it takes 1 million transactions a day to burn 37 million VTHO
When we are burning 37 million VTHO, the same as we are producing, supply and demand is equal
If transactions go up 10%
Demand goes up 10% for VTHO
And VTHO increases in price 10%
Then, the amount of VTHO needed per transaction goes down 10% to stabilize the transaction cost
If transactions go up 10%
Demand goes up 10% for VTHO
And VTHO increases in price 10%
Then, the amount of VTHO needed per transaction goes down 10% to stabilize the transaction cost
And we are back at the perfect balance of 37/37
So what has happened?
VTHO has gone up in value, and is waiting for the next increase in transactions to go up again
VET meanwhile, has had an increase in APY by way of producing more valuable VTHO
So what has happened?
VTHO has gone up in value, and is waiting for the next increase in transactions to go up again
VET meanwhile, has had an increase in APY by way of producing more valuable VTHO
Holders of VET benefit from increased passive income
And demand for vet as an APY asset increases, increasing VET's price
CEO Sunny Lu has stated, the coming upgrade to the blockchain is necessary to onboard a client who is ready to do 1 million transactions a day
And demand for vet as an APY asset increases, increasing VET's price
CEO Sunny Lu has stated, the coming upgrade to the blockchain is necessary to onboard a client who is ready to do 1 million transactions a day
Let's say this client, Walmart, and @VulcanVerse combine to meet that 1 million transactions and 37 million a day burn
We are now at the phase of fundamental VTHO growth(Not VET Growth)
We can speculate VTHO's fundamental growth
We are now at the phase of fundamental VTHO growth(Not VET Growth)
We can speculate VTHO's fundamental growth
The transactions have been growing at a steady rate of doubling about every 5 months
The new client triples transactions instantly, so let's go with a doubling rate of every 4 months
The new client triples transactions instantly, so let's go with a doubling rate of every 4 months
(Perfectly achievable with VeChain's overwhelming client pipeline and growth in a brand new emerging market
Especially given the next few years is when most clients onboard)
Especially given the next few years is when most clients onboard)
With fundamental VTHO price now in play
And a doubling of transactions every 4 months
We get the following results if we take the current VTHO price of .0009 as its starting speculation(all prices in USD)
And a doubling of transactions every 4 months
We get the following results if we take the current VTHO price of .0009 as its starting speculation(all prices in USD)
EOY 2021: VTHO .0072 (8x)
At this point:
If VET is still at .03, VTHO begins to fundamentally raise its value
EOY 2022: VTHO .0576 (64) VET .24 (8x)
EOY 2023: VTHO .4608 (512) VET 1.92 (64x)
VTHO 1000x's in 2024 by way of fundamentals
At this point:
If VET is still at .03, VTHO begins to fundamentally raise its value
EOY 2022: VTHO .0576 (64) VET .24 (8x)
EOY 2023: VTHO .4608 (512) VET 1.92 (64x)
VTHO 1000x's in 2024 by way of fundamentals
Even if VTHO receives no speculations this bull run, and VET receives a 100x
VTHO can still easily catch up before the next bullrun
Even if VTHO and VET both 100X this bull run
They can realize that real value before the next bullrun
And not dump in the bear market
VTHO can still easily catch up before the next bullrun
Even if VTHO and VET both 100X this bull run
They can realize that real value before the next bullrun
And not dump in the bear market
In this scenario, VTHO will fundamentally 1000x in 3 1/2 years
VET will 100x in 3 1/2 years and hit $1 in 2 1/2 years
VET will 100x in 3 1/2 years and hit $1 in 2 1/2 years
The thing to understand isβ¦
This rate of adoption is possible in a global emerging market
Supply chain tracking and authenticating has constant and many interactions with the blockchain
VeChain's service provides a level of trust and authenticity that has never existed before
This rate of adoption is possible in a global emerging market
Supply chain tracking and authenticating has constant and many interactions with the blockchain
VeChain's service provides a level of trust and authenticity that has never existed before
Its use can save companies millions from losses to counterfeit goods, verify temperature control throughout the entire journey of a product, and give consumers confidence in the origin and safety of the food they purchase
This is an upgrade to the global supply chain
And it does fix a real problem
And VeChain does have first mover status, and all the necessary partners to make that count
And it does fix a real problem
And VeChain does have first mover status, and all the necessary partners to make that count
In grade school math class, there was an exponential allowance trick the math teacher proposed to us
"Ask your parents, to instead of giving you your normal allowance, ask them to give you a penny and double it every day until the end of the month"
"Ask your parents, to instead of giving you your normal allowance, ask them to give you a penny and double it every day until the end of the month"
By the end of the month your parents owe you a million dollars a day
This is the power of exponential growth
This growth that is triggered by the Network Effect
The Network Effect is gained by having elite technology and all the right connections
We've seen it in social media
This is the power of exponential growth
This growth that is triggered by the Network Effect
The Network Effect is gained by having elite technology and all the right connections
We've seen it in social media
The size of the exponential effect is determined by the industry
No industry has lasted longer, been as wide reaching, and nation building, as the Supply Chain
No industry has lasted longer, been as wide reaching, and nation building, as the Supply Chain
Completely void of market acknowledgement, is VTHOs overwhelming possibility to be a top global currency
VTHO better performs as a currency than the top cryptos whose only purpose is a currency
It is superior in technology, speed and ability to survive regulations
VTHO better performs as a currency than the top cryptos whose only purpose is a currency
It is superior in technology, speed and ability to survive regulations
VTHO is also far more apt to be used for daily transactions than VET, which is viewed more as a source of income to be locked in nodes
Their are more stories told about what to spend VTHO on, how cool to live off VTHO, what to buy with VTHO, but most state they will hold VET forever, as a mint or producing asset more than a currency
VTHO is already perceived as a borderless, functional currency
VTHO is already perceived as a borderless, functional currency
When a token is a currency also, its value increases with the size of its circulating ecosystem
Tokens are acquired, transacted, held, transacted⦠without ever leaving and devaluing the ecosystem
The size of the ecosystem can represent a permanent burning of that many tokens
Tokens are acquired, transacted, held, transacted⦠without ever leaving and devaluing the ecosystem
The size of the ecosystem can represent a permanent burning of that many tokens
If a full ecosystem emerges of paying for hotels, food, gas, etc.. in VTHO, not only is that burning VTHO during the transactions, it is increasing the demand by forming a separate circulating ecosystem
If the currency ecosystem has 8 billion VTHO flowing through it...
That's 8 billion that's off the trading market
Escalating the price value for VTHO and VET
That's 8 billion that's off the trading market
Escalating the price value for VTHO and VET
When you view VTHO as a currency, you see VTHO never even has to hit the 37 million burn rate to fundamentally appreciate
VTHO burn could fluctuate between 25 and 30 mil VTHO and continuously rise due to the ecosystem expanding
VTHO burn could fluctuate between 25 and 30 mil VTHO and continuously rise due to the ecosystem expanding
If VTHO had an inflation of 15% year after year due to high VTHO price and a low burn
And if the ecosystem in which VTHO was a currency grew 30%
All VTHO and VET would still appreciate fundamentally 15%, given VTHO had reached the 5% APY minimum threshold
And if the ecosystem in which VTHO was a currency grew 30%
All VTHO and VET would still appreciate fundamentally 15%, given VTHO had reached the 5% APY minimum threshold
VTHO's use as a currency, and its growing market, supplies extra pressure to VET and VTHO's appreciation, causing VTHO to fundamentally rise even without burning 37 million
If just the Carbon Credit system matures, and VTHO is a part of it as a type of currency, VTHO market cap could potentially pass BTC
Adoption is a promise of a hope of a prayer for most start ups and crypto
And they get speculation off the hint of a possibility
Adoption is already a given for VeChain
And they get speculation off the hint of a possibility
Adoption is already a given for VeChain
VeChain has the most, the largest, and critically connected partners, that are highly incentivized to grow the blockchain by encouraging their clients to adopt it
The more companies that join the VeChain blockchain, the more inherent value there is for new clients that join
The more companies that join the VeChain blockchain, the more inherent value there is for new clients that join
This correlation is The Network Effect, and leads to exponential growth
Much like social media sites, the more people on a site, the more value and incentive there is for new people to join it
This is what makes first mover status so important in public supply chain blockchain
Much like social media sites, the more people on a site, the more value and incentive there is for new people to join it
This is what makes first mover status so important in public supply chain blockchain
Having partnerships with countries such as China on a National level, billionaire investors such as Jim Breyer and Tim Draper, and partial owners DNV GL and PWC who already provide services to a majority of Fortune 500 companies, will spark the growth of The Network effect
Check out this thread if you would like to see more of the 1000 clients, 50 use cases, and 100+ fortune level clients that VeChain has in the pipeline
https://twitter.com/UVtho/status/1347246248357752832?s=20
Growth will eventually explode, incentivizing even more and more growth, as adoption goes exponential
https://twitter.com/UVtho/status/1347246248357752832?s=20
Growth will eventually explode, incentivizing even more and more growth, as adoption goes exponential
Sunny has given many presentations, since 2017, stating enterprises weren't ready for full scaling into blockchain until 2022, 2023, as regulations and use cases are still being defined in the emerging market
We are still early at this stage
We are still early at this stage
Walmart currently is a pioneer of blockchain technology in the supply chain
VeChain has been implemented in a few Chinese Walmart stores and is steadily expanding
VeChain has been implemented in a few Chinese Walmart stores and is steadily expanding
Walmart is at around 7 million VTHO burned a day now, and slowly ramping up...
If Walmart decides to utilize this cost saving and value adding technology in there 100s of other stores, and at full scale
They alone could push 1 billion VTHO burned a day
If Walmart decides to utilize this cost saving and value adding technology in there 100s of other stores, and at full scale
They alone could push 1 billion VTHO burned a day
VeChain has over 1000 clients, 100+ of which are major industry players
If each entity does just 0.1% of total Transaction Volume
And a fully Mature Walmart does 10%
VTHO burn would be equivalent of 10 billion
If each entity does just 0.1% of total Transaction Volume
And a fully Mature Walmart does 10%
VTHO burn would be equivalent of 10 billion
With VeChain's client list, and the transaction volume nature of supply chain, this is very possible within the next several years
In the above scenario
VTHO
Through PURE FUNDAMENTALS would be $0.27
a 300x
and VET approaching 1$
a 30x
In the above scenario
VTHO
Through PURE FUNDAMENTALS would be $0.27
a 300x
and VET approaching 1$
a 30x
$1k in VTHO now would net you 300k based on pure fundamentals
$1K in VET now would net you 30K based on pure fundamentals
This is in a fundamentals vacuum, without the effects of holders, market liquidity, and a currency economy that could push price even higher
$1K in VET now would net you 30K based on pure fundamentals
This is in a fundamentals vacuum, without the effects of holders, market liquidity, and a currency economy that could push price even higher
Again, with the number of clients VeChain has in the pipeline
And the scale of their projects
This can be seen as a conservative estimate
Over several years to a decade, these numbers will likely be surpassed
And the scale of their projects
This can be seen as a conservative estimate
Over several years to a decade, these numbers will likely be surpassed
VTHO might be the only crypto that can fundamentally make you a millionaire even if Tether explodes and Bitcoin goes to zero
It is both the safest crypto investment while also having the most upside
It is both the safest crypto investment while also having the most upside
Currently, transactions are doubling nearly every 5 months, at this rate, we will fundamentally achieve deflation within 12 months
Which would mean VTHO would have an inflation rate lower than VET, which is still increasing available supply
Which would mean VTHO would have an inflation rate lower than VET, which is still increasing available supply
VTHO could very possibly achieve deflation this year, while most other currencies will be increasing supply and experiencing inflation for years to come
With us getting past the research and technology phase, the regulations phase, the use cases and pilots phase, we are now on the threshold of the mass adoption phase
The CEO of VeChain has just announced a new client onboarding soon, they alone will do 1 million transactions a day and burn the entire supply
And we still have 1000s of more clients to onboard in the coming years
And we still have 1000s of more clients to onboard in the coming years
VeChain is a global juggernaut in the making
For thousands of years of humanity, controlling supply chains bore a crown of regional and continental power
Things have changed, but the importance of supply chain has not
For thousands of years of humanity, controlling supply chains bore a crown of regional and continental power
Things have changed, but the importance of supply chain has not
Being the first mover in an age of global trade, and being the source of trust for entire nations importing and exporting goods, could easily make VeChain the single largest logistics company in the world
The possibilities, and # of transactions, are unfathomable
The possibilities, and # of transactions, are unfathomable
Buy this point in the thread, I can almost guarantee "The Myth" has been mentioned in comments several times
"The Myth" always emerges, in near every VTHO post, a random person will summon it
It came into the world with VTHO, and has been haunting it ever since
"The Myth" always emerges, in near every VTHO post, a random person will summon it
It came into the world with VTHO, and has been haunting it ever since
When VET announced VTHO, and that VeChain would be a two token system, there were two main marketing points around it
1) You now have a passive income currency coin, which you can use to pay for transactions or sell for profits without having to dent your investment
1) You now have a passive income currency coin, which you can use to pay for transactions or sell for profits without having to dent your investment
2) This two token system solves the problem of Ethereum's high transaction costs
The misinterpretation of how point 3 is executed has contaminated the logic concerning VTHO's value ever since
The misinterpretation of how point 3 is executed has contaminated the logic concerning VTHO's value ever since
So why and how did this misinterpretation begin?
Let's start with Ethereum's problem, so we understand how VeChain fixes it
Why do transaction costs get too high?
Is it because Ethereum has gone up in price?
It actually isn't
It is based on supply and demand of the network
Let's start with Ethereum's problem, so we understand how VeChain fixes it
Why do transaction costs get too high?
Is it because Ethereum has gone up in price?
It actually isn't
It is based on supply and demand of the network
It's because Ethereum has a relatively low # of transactions per second it can perform
As traffic increases, more people are competing for those transactions, so the price of them goes up
As traffic decreases, the price of transactions goes down
As traffic increases, more people are competing for those transactions, so the price of them goes up
As traffic decreases, the price of transactions goes down
Ethereum price has no effect on transaction cost
The market naturally adjusts the amount of ETH needed for gas depending on current ETH price and fluctuating transaction cost
The market naturally adjusts the amount of ETH needed for gas depending on current ETH price and fluctuating transaction cost
VeChain naturally adjusts the amount of VTHO needed for gas also, depending on the current price of VTHO, and the stable transaction cost
Example of VTHO/Tx adjustment:
If VTHO is .0008 USD, you will need 30 VTHO for a specific transaction
If VTHO goes to .08, you will need .3 VTHO for that specific transaction
The cost for a transaction is the same
But VTHO is more valuable
Which leads VET's APY to be higher
If VTHO is .0008 USD, you will need 30 VTHO for a specific transaction
If VTHO goes to .08, you will need .3 VTHO for that specific transaction
The cost for a transaction is the same
But VTHO is more valuable
Which leads VET's APY to be higher
So why does transaction cost remain stable for VeChain but not Ethereum?
VeChain blockchain has a throughput that exceeds demand
A fixed price can be set, and there is not network congestion causing price rise
VeChain blockchain has a throughput that exceeds demand
A fixed price can be set, and there is not network congestion causing price rise
Ethereum has high tx costs because of low throughput of 30 transactions per second
VeChain has stable transactions because of the blockchain's high throughput of 10,000 transactions per second
Not because the price of VTHO is suppressed
VeChain has stable transactions because of the blockchain's high throughput of 10,000 transactions per second
Not because the price of VTHO is suppressed
For VeChain to experience any level of congestion, like Ethereum does, there would need to be 864,000,000 transactions a day
That's 25,000,000,000 VTHO burned per day
Which equates to $.60 VTHO, a 675x increase
That's 25,000,000,000 VTHO burned per day
Which equates to $.60 VTHO, a 675x increase
VTHO would need to 657x on the fundamentals of transactions for VeChain to experience a small portion of congestion that Ethereum does
Even then, VeChain is improving their BlockChain and speed so the Transactions per Second can be higher over time
Even then, VeChain is improving their BlockChain and speed so the Transactions per Second can be higher over time
We are far away from experiencing Ethereum type transaction price crisis
And will be far in the green if it ever does come to that point
And will be far in the green if it ever does come to that point
The transaction price crisis is not caused by coin price in Ethereum
So the conspiracy that the solution for the Ethereum Transaction Price crisis, is to constantly suppress VTHO price by voting to Hard Fork an increase the Generation Rate of VTHO, is irrational and irrelevant
So the conspiracy that the solution for the Ethereum Transaction Price crisis, is to constantly suppress VTHO price by voting to Hard Fork an increase the Generation Rate of VTHO, is irrational and irrelevant
It is actually a sabotaging of the ecosystem by introducing unnecessary volatility, risk, and work
VTHO price is intended to rise
VTHO price is intended to rise
Generation rate change isn't for suppressing a rising VTHO price
It is a response to parabolic transaction prices stemming prom network congestion
This is the issue Ethereum Faces
It is a response to parabolic transaction prices stemming prom network congestion
This is the issue Ethereum Faces
And although VeChain has elite technology to the point they may never face that congestion
Generation Rate is an unpredictable short term response that could optionally be implemented based on a community wide vote in a congestion and Tx Price crisis
Generation Rate is an unpredictable short term response that could optionally be implemented based on a community wide vote in a congestion and Tx Price crisis
But to reach that level of congestion of transactions and network use
VTHO would be over a dollar
VTHO would be over a dollar
By White Paper, the mode of operation is to adjust VTHO per Tx, and that VTHO can go as high as the market determines
It clearly states that the Generation Rate change is an emergency last resort for long term parabolic movement of VTHO where Txs can repeatedly not be stabilized
It clearly states that the Generation Rate change is an emergency last resort for long term parabolic movement of VTHO where Txs can repeatedly not be stabilized
Sunny Lu, CEO of VeChain, has repeatedly expressed that VeChain will not try to specifically manipulate or suppress the price of VTHO just to keep it low
VTHO is priced at whatever the market determines
And it is in their interest for VTHO to rise
VTHO is priced at whatever the market determines
And it is in their interest for VTHO to rise
It's stated in the white paper
Repeated by sunny
And is logically tight
Generation rate change is not used to suppress VTHO price
VTHO price is free and has a mechanism
Gen Rate is a reaction to months of network congestion causing high Tx Costs
Repeated by sunny
And is logically tight
Generation rate change is not used to suppress VTHO price
VTHO price is free and has a mechanism
Gen Rate is a reaction to months of network congestion causing high Tx Costs
The myth must end
It's not real
VTHO is the most undervalued cryptocurrency
And the Myth Whisperers of its own community need to stop and watch it grow
It's not real
VTHO is the most undervalued cryptocurrency
And the Myth Whisperers of its own community need to stop and watch it grow
It must be a shame, and is an embarrassment to the entire community, that the market has placed the number one enterprise demand token lower than #300 in crypto rankings
VTHO is meant to rise
And its rise gives value to the whole ecosystem
VTHO is not a stable coin
VTHO price does not hurt the price of transactions
It is a passive income instrument, that has yet to be speculated
And its rise gives value to the whole ecosystem
VTHO is not a stable coin
VTHO price does not hurt the price of transactions
It is a passive income instrument, that has yet to be speculated
A common blow to VTHO combines a lack of logical consistency and lack of belief that VeChain will be successful
"If VTHO is speculated high early, there is less VTHO used per Tx, and with not a lot of transactions, VTHO supply increases and causes deflation. So can't speculate"
"If VTHO is speculated high early, there is less VTHO used per Tx, and with not a lot of transactions, VTHO supply increases and causes deflation. So can't speculate"
This is voiding speculation for current fundamentals
Speculation is determining what something will eventually be worth
VTHO will always be worth speculating at .3 of a VET
if you think VeChain will be successful
No matter what the supply is
Speculation is determining what something will eventually be worth
VTHO will always be worth speculating at .3 of a VET
if you think VeChain will be successful
No matter what the supply is
VTHO WILL reach 5% APY
So to speculate VeChain, you must assume this before anything
That 5% doesn't change
No matter supply
VTHO is VET dependent, not supply dependent
If you speculate VET high or low, you speculate VTHO at .3 of that VET
So to speculate VeChain, you must assume this before anything
That 5% doesn't change
No matter supply
VTHO is VET dependent, not supply dependent
If you speculate VET high or low, you speculate VTHO at .3 of that VET
If Speculating VTHO high makes inflation go up, it should still be speculated to .3 of a VET
It still must be .3 for VeChain to be successful, and thus should always be speculated to .3 of a VET
That's what it's attached to
If VTHO can't hold that speculation....
It still must be .3 for VeChain to be successful, and thus should always be speculated to .3 of a VET
That's what it's attached to
If VTHO can't hold that speculation....
That is a reason for VET to dump
And why VET has not cracked the top 10 yet
Either:
VET highly overvalued
Or
VTHO is vastly undervalue
But one must be true
If you Speculate VET should increase, and apply fundamental pricing to what its valued by, you've broken both of then
And why VET has not cracked the top 10 yet
Either:
VET highly overvalued
Or
VTHO is vastly undervalue
But one must be true
If you Speculate VET should increase, and apply fundamental pricing to what its valued by, you've broken both of then
But even if VET goes 100x and VTHO go 100x this bullrun and burn rate drops to 1 mil VTHO per day
Based on transaction growth of doubling every 4 months, that 100x will be justified and reached through fundamentals in 26 months, well before the next bullrun
Based on transaction growth of doubling every 4 months, that 100x will be justified and reached through fundamentals in 26 months, well before the next bullrun
That's not too high of a total inflation, and early inflation rates can always be eaten away later by large inflation rates
Because VTHO is one of the few currencies that can have major deflation also
Because VTHO is one of the few currencies that can have major deflation also
Here's something VeFam really likes about saying
"Why own the Gas, when you can own the gas station"
Followed by a smug emoticonβ¦
This sounds good, and there are many metaphors like this
But it is flipped very easily
"Why own the Gas, when you can own the gas station"
Followed by a smug emoticonβ¦
This sounds good, and there are many metaphors like this
But it is flipped very easily
If I have 1K dollars, building a gas station costs 1K dollars, and distributes gas at 1c a gallon for a .5% APY
You could build a gas station
But what if you know gas is going to be 10x higher in a month?
Cthulhu has warned that he will be destroying 90% of ocean oil rigs
You could build a gas station
But what if you know gas is going to be 10x higher in a month?
Cthulhu has warned that he will be destroying 90% of ocean oil rigs
If gas is going to be 10x higher, the wise play would be to use that 1K to buy all the gas from all the existing gas stations at 1c
When gas reaches 10c, you can sell it all, and build 10 gas stations
You would be the Mr. Burns of any mid sized town
Not the Apu
When gas reaches 10c, you can sell it all, and build 10 gas stations
You would be the Mr. Burns of any mid sized town
Not the Apu
A common plan that many individual investors have had isβ¦
"I will buy 1,000,000 VET, and eventually live off the passive income of VTHO"
After 50 years, they will have collected 7,776,000 VTHO , and lived off it
"I will buy 1,000,000 VET, and eventually live off the passive income of VTHO"
After 50 years, they will have collected 7,776,000 VTHO , and lived off it
However, at current ratio, they could buy over 30 million VTHO instead, have it instantly, live off 27 million of it, and use the last 3 million to buy 1,000,000 VET whenever the ratio improves
Many still say, "Well I can convert VTHO to VET to produce even more VTHO, compounding interest, what can be better that that?!"
Let's do some math.
At .5% APY, you will have .5% more VET after a year
5% at 10 years
But if you compound that VET into your stackβ¦
Let's do some math.
At .5% APY, you will have .5% more VET after a year
5% at 10 years
But if you compound that VET into your stackβ¦
After 10 years..
You will have 5.1% more VET instead of 5%
That's how low the current APY is
But, if you instead bought VTHO directly
If the APY hits just 1% within those 10 years, you've doubled your VET
It would take you 140 years to double your VET with compound interest
You will have 5.1% more VET instead of 5%
That's how low the current APY is
But, if you instead bought VTHO directly
If the APY hits just 1% within those 10 years, you've doubled your VET
It would take you 140 years to double your VET with compound interest
If you bought VTHO and APY hit 5%, you'd have 1000% more VET
That turns a 1.6 million strength node into a 16 million Mjolnir Node
It would take 465 years for compound interest to achieve that 10x
That turns a 1.6 million strength node into a 16 million Mjolnir Node
It would take 465 years for compound interest to achieve that 10x
Even X-Nodes have been severely weekend by VTHO's low APY
If you had a VeThor X-Node
Sold it for 50K VET
And put that VET in your wallet...
You would produce more VTHO than if you kept the X-Node
If you had a VeThor X-Node
Sold it for 50K VET
And put that VET in your wallet...
You would produce more VTHO than if you kept the X-Node
For people hesitant to trade outside of VET, in fear it may take off parabolically without them...
Being a VTHO to VET to VTHO trader may one day be the best move for increasing your stack, but only if your are comfortable holding for very long term swings
Being a VTHO to VET to VTHO trader may one day be the best move for increasing your stack, but only if your are comfortable holding for very long term swings
As VTHO and VET are connected
Once they are ranging within the proper APY threshold
You won't miss out if one takes off, at least in the long run
Check out this VET to VTHO to VET guide for what a potential trading strategy could be https://twitter.com/San___Official/status/1313709659333722112?s=20
Once they are ranging within the proper APY threshold
You won't miss out if one takes off, at least in the long run
Check out this VET to VTHO to VET guide for what a potential trading strategy could be https://twitter.com/San___Official/status/1313709659333722112?s=20
For some bizarre reason, the VeChain community refuses to promote their own currency token, except for bragging about selling it, or talking about burn rate without and saying how it will moon VET, even though VTHO is getting burned, the driver of price, and undervalued
Few bring up the glaring issue of VTHO price, fewer acknowledge or address it at all, but plenty of people, not wanting to hear anything negative about VeChain, will actually argue that VTHO shouldn't rise, and stay low⦠that only VET is important and will rise
Only a few VeFam have stepped up to battle the false narratives
It is bizarre how many people don't want VTHO to rise
Even when presented with quotes from the CEO, emotional need to win a wrong sided argument on twitter triumphs
No other crypto Community with a currency or gas token is constantly wanting to devalue their own gas token...
Even when presented with quotes from the CEO, emotional need to win a wrong sided argument on twitter triumphs
No other crypto Community with a currency or gas token is constantly wanting to devalue their own gas token...
It makes no sense to devalue what gives your investment value
VTHO must rise
But false narratives and emotional attachment to them have damaged the whole ecosystem
THETA, on the other hand, promotes their currency
As such, they have passed and consistently outperform VeChain
VTHO must rise
But false narratives and emotional attachment to them have damaged the whole ecosystem
THETA, on the other hand, promotes their currency
As such, they have passed and consistently outperform VeChain
TFuel has received 8x pumps in under a week
Has a market cap of a fifth of theta instead of 1/100th
And provides a support for Theta appreciation
Meanwhile the VeChain community brags about selling their gas/currency token for other projects or dumping it into the maw of VET
Has a market cap of a fifth of theta instead of 1/100th
And provides a support for Theta appreciation
Meanwhile the VeChain community brags about selling their gas/currency token for other projects or dumping it into the maw of VET
If VeFam had the collective IQ to speculate their low liquidity currency token,Β which is easily pumpable, vet would already be in the top 10 and not dump every pump because it has no tangible value
How do you not promote your own currency/gas token?
Just 10 million VET into VTHO would double VTHO price on the highest volume exchange
60 Million VET into VTHO would 10x VTHO
That alone could bring the ecosystem into balance
VET and VTHO could see consistent growth together
Just 10 million VET into VTHO would double VTHO price on the highest volume exchange
60 Million VET into VTHO would 10x VTHO
That alone could bring the ecosystem into balance
VET and VTHO could see consistent growth together
Eventually, all will awaken, some by seeing VTHO rise, some by understanding the argument, some by being ridiculed as a dirty dirty Myth Whisperer⦠but hopefully more of the community will take the reigns of the argument and fix the false narrative
The most loyal, enthusiastic, and *typically the most investment savvy community is sitting on a gem right under their own nose
They still don't even know it though
It is the true Dark Horse token of cryptocurrency
The 1000X
If you get in before them
And they awaken
You win
They still don't even know it though
It is the true Dark Horse token of cryptocurrency
The 1000X
If you get in before them
And they awaken
You win
Ecosystem:
The VeChain ecosystem is currently broken for enterprise VET acquisition, until VTHOs value grows to provide more transactions
ToolChain:
ToolChain has made VTHO the initial mover from influx of new capital
The VeChain ecosystem is currently broken for enterprise VET acquisition, until VTHOs value grows to provide more transactions
ToolChain:
ToolChain has made VTHO the initial mover from influx of new capital
The Source of VET's Value:
Any claim for a fundamental rise in VET is a claim that VTHO will exceed that tenfold
1000x by way of Crypto Speculation:
VTHO could hit the 1000x this cycle by 10xing inside of VET, VET 10xing in the crypto ranks, and crypto market cap 10xing
Any claim for a fundamental rise in VET is a claim that VTHO will exceed that tenfold
1000x by way of Crypto Speculation:
VTHO could hit the 1000x this cycle by 10xing inside of VET, VET 10xing in the crypto ranks, and crypto market cap 10xing
1000x by way of Fundamentals:
At a transaction doubling rate of 4 months, VTHO fundamentally hits a 1000x in 2024
VTHO as a Currency:
VTHO performs as, and is perceived as, a global currency, and it's growth of one would escalate VTHO and VET's market cap
At a transaction doubling rate of 4 months, VTHO fundamentally hits a 1000x in 2024
VTHO as a Currency:
VTHO performs as, and is perceived as, a global currency, and it's growth of one would escalate VTHO and VET's market cap
Mass Adoption:
VeChain's first mover status and critical connections make it capable of Network Effect growth, where scaling is exponential, and where value goes parabolic
Myth:
VTHO is not a Stable Coin
VeChain's first mover status and critical connections make it capable of Network Effect growth, where scaling is exponential, and where value goes parabolic
Myth:
VTHO is not a Stable Coin
Logical Inconsistency:
You can't speculate an asset, but not speculate what gives it value, or both dump right on your face... eventually
Hypotheticals:
Stop trying to build low income gas stations, flip that gas!!
You can't speculate an asset, but not speculate what gives it value, or both dump right on your face... eventually
Hypotheticals:
Stop trying to build low income gas stations, flip that gas!!
Misperception and the Dark Horse Token:
Hating your investment's own currency/gas token is a good edgelord play, but not good for the ecosystem or your lambo
Summary:
Scroll back up, this is the Summary
A Closing thought:
We haven't gotten there yet, hold on
Hating your investment's own currency/gas token is a good edgelord play, but not good for the ecosystem or your lambo
Summary:
Scroll back up, this is the Summary
A Closing thought:
We haven't gotten there yet, hold on
I'd like to close with a rather surreal, unprovable, and perhaps to you an absurd statement
"Investing in VTHO is healthier for your Soul than any other crypto"
And not because it is a real world solution or anything...
"Investing in VTHO is healthier for your Soul than any other crypto"
And not because it is a real world solution or anything...
But because:
VTHO is not a deception
VTHO is not gambling
VTHO is not a ponzi scheme
VTHO is not riding a pump just to dump on someone else
And VTHO is not getting lucky
No one right now is just stumbling into a substantial VTHO investment
VTHO is not a deception
VTHO is not gambling
VTHO is not a ponzi scheme
VTHO is not riding a pump just to dump on someone else
And VTHO is not getting lucky
No one right now is just stumbling into a substantial VTHO investment
It is not shilled by any big influencers
No one is throwing money in VTHO because they just so happened to randomly run across extreme hype
At this point, investing in VTHO requires understanding the arguments and trusting your own reasoning enough to go against a mass mindset
No one is throwing money in VTHO because they just so happened to randomly run across extreme hype
At this point, investing in VTHO requires understanding the arguments and trusting your own reasoning enough to go against a mass mindset
Using your individual capacity to find the realest value in a field of thousands of cryptos, is not luck
If you get in it now, it is because of your own merit as a free thinker
Any profits were earned by means of your capacity and willingness to speculate based on logic
If you get in it now, it is because of your own merit as a free thinker
Any profits were earned by means of your capacity and willingness to speculate based on logic
Your subconscious knows the difference
If you become a millionaire based on deception, your subconscious knows it, and every day is part of an extended lie, no matter how elegant. That is an unknowing hell
If you become a millionaire based on deception, your subconscious knows it, and every day is part of an extended lie, no matter how elegant. That is an unknowing hell
If you become a millionaire off luck, all can be taken for granted, and you may end up adorning the occurrence or system that granted the windfall with credit for all the blessings and not your own mind and free will. That is an unfulfilling existence
Becoming a millionaire due to a highly calculated and controversial decision leads to gratefulness of one's own judgement, perception, and self trust. Living every day knowing all the blessings of your life were brought about by the insights of your own mind
This giveaway IS based on luck though
So if you win, you probably won't appreciate it and just spend it all on tacosβ¦
I will give a year's supply of the VTHO that a strength node generates to one random person...
Because it's really not that much...
So if you win, you probably won't appreciate it and just spend it all on tacosβ¦
I will give a year's supply of the VTHO that a strength node generates to one random person...
Because it's really not that much...
Staking 30K in a strength node for a full year produces 173,964 VTHO
173,964 VTHO seems like a lot, but it's only 150 bucks from a year of $30,000 locked up...
A .4% APY
Less than a savings account!!
VTHO is undervalued
173,964 VTHO seems like a lot, but it's only 150 bucks from a year of $30,000 locked up...
A .4% APY
Less than a savings account!!
VTHO is undervalued
Retweet the Very First Tweet of the entire thread
(The post before the table of contents)
To be entered into the giveaway
I am looking up how to do it transparently
Driving to pick up my new dog tonight..
:) So don't know if it will be today
Thanks for taking the time to read
I appreciate it
I appreciate it
Ok, I figured out a transparent and fair way to do the raffle, in a way impossible to manipulate.
The Kansas City Chiefs play the Cleveland Browns Sunday afternoon
Patrick Mahomes typically passes for 250 - 400 yards
There are about 125 ReTweets right now...
The Kansas City Chiefs play the Cleveland Browns Sunday afternoon
Patrick Mahomes typically passes for 250 - 400 yards
There are about 125 ReTweets right now...
The winner will be the # ReTweet that matches THE REMAINDER of Patrick Mahome's passing yards divided by the # of retweets
So if 125 ReTweets and..
If 251 passing yards:
ReTweet 1 wins
If 305 yards:
ReTweet 55 wins
If 375 yards:
ReTweet 125 wins
If 376 yards
ReTweet 1 wins
So if 125 ReTweets and..
If 251 passing yards:
ReTweet 1 wins
If 305 yards:
ReTweet 55 wins
If 375 yards:
ReTweet 125 wins
If 376 yards
ReTweet 1 wins
I will make a copy of the ReTweets list right before kickoff, do the count and post the winner at the end of the game, and will send out the prize as soon as the winner's address is received
There is no way this can be manipulated
There is no way this can be manipulated
If someone can think of a legit way that this could be manipulated, you win 25000 VTHO, but I'm pretty sure it's impossible, so don't waste too much time
I listed all of the ReTweeters, then the Quoted Retweets, that I can see, in chronological order
For a total of 118 participants
Patrick Mahomes threw for 255 Yards before being helped off the field due to a concussion :(
That makes Retweet #19 the winner
#19 is @IVechain
For a total of 118 participants
Patrick Mahomes threw for 255 Yards before being helped off the field due to a concussion :(
That makes Retweet #19 the winner
#19 is @IVechain
However, if I would have listed Quoted ReTweets first
Quoted Retweet #19 would have won
Which breaks my whole "No Manipulation Possible" attempt
So @JPK1081, you are eligible for a 25K VTHO consolation prize
As is @VetVechain, for his Mahomes manipulation trickery theory
Quoted Retweet #19 would have won
Which breaks my whole "No Manipulation Possible" attempt
So @JPK1081, you are eligible for a 25K VTHO consolation prize
As is @VetVechain, for his Mahomes manipulation trickery theory
Winners please send an address for me to send the VTHO to
And thank you to all who retweeted this thread!
It got a far larger conversation going than I imagined it could!!
And thank you to all who retweeted this thread!
It got a far larger conversation going than I imagined it could!!