Why I am buying VTHO now:
Recently the VeChainThor blockchain has gone through huge amounts of transactions, see below:
explore.veforge.com
Why is this important? Because so much VTHO is getting burnt. I personally don’t think the generation rate of VTHO will be able to keep up with the usage.
It is so simple, yet so many people fail to grasp what is about to happen.
After reading the recap of the recent 8 Hour long AMA from VeChain, I firmly believe that not only with VTHO moon very soon, it will cause a complete reversal of the VET token.
In the AMA, it was stated:
Transactions on the mainnet would all consume VTHO as according to the economic model. As the number of companies using the blockchain continues to increase and the business scale continues to expand, clearly, this means that the VeChainThor Blockchain and its surrounding services are assisting said companies and clients in creating more economic value, causing the demand for VTHO to inevitably grow every day, which will thus be reflected by the price of VTHO. And since VTHO is generated by VET, the price growth of VTHO will be reflected by the price of VET.
Read this line again:
...causing the demand for VTHO to inevitably grow every day, which will thus be reflected by the price of VTHO.
It is right in front of us, just many can’t see it. So much good news coming in for VeChain, so many new transactions but the (speculative) market is not adjusting (yet) to what is inevitably about to happen - demand for VTHO is going to cause VTHO price to increase substantially, which in turn is going to increase the value and price of VET.
In summary:
Value transaction ⬆️
VTHO consumption ⬆️
Demand of VTHO ⬆️
Demand of VET ⬆️
Value of VET ⬆️
How can you beat the herd before it really blows up? It is still cheap with a tiny market cap. Go buy some cheap VTHO on OceanEx exchange by following these steps:
Click on the top right tab and ‘Sign Up’
Go through the steps to get yourself registered. Per their ToS, USA IP addresses will be allowed.
OceanEx currently has a 2 BTC, no kyc withdraw limit, which is great
Transfer USDT (OMNI) or BTC to buy VTHO
Enjoy profits
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https://medium.com/@vechainofficial/top-10-most-asked-topics-during-the-vechain-ama-marathon-45a4bc9c2a46
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