First off, congrats to Jsnip4 for taking some profits on Veritaseum.
He posted this video in the morning and Veritaseum has been selling off ever since then. Bix Wier also post a video this morning about Jsnip4's profit taking. I think it's safe to say he has the power to move the market for this particular coin whether he intended to have the power or not. I'm sure it's not all Jsnip4's doing, he had some help from Bix, Clif high and other youtubers that have been pumping this coin and it only traded on a small exchange with less than 1 million dollars in volume. So it doesn't take much for the hundreds of followers of these guys that bought in the same time and sold at the same time as Jsnip4 to pump and dump the market.
Again congrats to Jsnip4 for making a shit ton of money but followers of him, myself included, need to be wary of jumping in the same boat as with these youtubers because they can influence markets and buy and sell at a decent price but when they share a video with the tens of thousands of people telling everyone what they did it might not be such a decent price anymore when everyone is looking to copy what these youtubers have done.
The future is going to be amazing :), some really cool people are ending up filthy rich and the money is starting to flow from the old dinosaur dollar into a future where fraud isn't possible and the vampires don't make the rules.
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Yup, like history shows time and time again. Good money always chases out the bad. Only bad money has had a death grip on staying at the top for many years but all that seems to be changing now.
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We are a part of that change, my friend. Very close to the tip of the spear actually. Once humanity puts it's weight behind sound money then things can really begin to change. Crypto currency will be known as the most epic Kill Shot ever in the history books.
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Very true. You could call us the gold miners of the 21st century that struck gold in California or Alaska before the gold rushes happened there.
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To be honest I had never heard about Veritaseum.
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Probably because it's not being used for anything right now besides speculation that the Reggie Middleton can get banks to start using it.
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Based on his youtube videos, I'm sure he's good at selling used cars....selling services to banks, really doubt that. But hey, he did have a great ICO....so good for him.
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It helps when you have hundreds of followers buying it too to get your dreams moving along.
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Never heard of it either. Crypto currency is in a crazy phase at the moment!
😂
Buyer beware!
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You're using Steemit so I suggest you better learn more about it.
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meep
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Might be the biggest scam coin so far?
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Definitely has to be the top preforming coin in the last 30 days. $3 to $100-150 in that time.
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Thanks for the blog. I hadn't thought about it like that. Yep that sounds a little dangerous to follow our favourite you tubers with complete and utter blind faith.
I'm happy for the guy (wish it was me) but that does make me feel like it has been at the expense of his followers - very similar idea to those who offer free 'penny stocks' newsletters
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When I use this contract 0x599a4b8188676224d4c9b393b947e332b60b15e3 to purchase Veritasem tokens on my ether wallet I get an error. Any one know why?
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