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RE: Veritaseum (VERI)

in #cryptocurrency7 years ago (edited)

If you look at the valuation of Veritaseum, it's preposterous. Everything from the crappy website, to the weak code examples, to the missing whitepaper, to the missing development plan, to the missing experienced team, to the horrible video explanations, to Reggie Middleton's lack of real banking experience (he worked a couple years at Prudential insurance and that's it other than his CNBC award), to the trading on a tiny, highly controllable exchange.. it all screams that this coin is so unbelievably overvalued that it's almost insane. The only thing that is keeping this coin up and alive in my view is the Church of Cliff High. No one else other than religiously adherent followers would continue to hold this coin at these crazy prices based just upon the market reports Reggie provides and his dream of disintermediating the financial exchanges. Cliff High has made a self-fulfilling prophecy out of Reggie's Veritaseum coin based upon no legitimate reasoning to this point

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White paper schmite paper. Watch those dollars pass right by ya. Reg is actually bringing results.