Doubled Money On EtherDelta
Two day ago I bought some Veritaseum on EtherDelta. Two day later as the VERI to ETH ratio went lower I sold the VERI for ETH and doubled my money. I suggest that after you make that kind of money to put it in your wallet. Never leave you money on an exchange. I say that because I lost some money on Cryptsy.
Here is a video on how to buy Veritaseum with Ethereum on EtherDelta and just do the opposite to sell Veritaseum to Ethereum if you want.
So looking into Veritaseum a bit more I am really on the fence about buying anymore. It has been on a rampage lately and I bought a very small amount just before it shot up an other $30. With the Alt-coin lows for the past 48 hours or so it has sunk back down to where I bought it.
Veritaseum is such a strange token because it's use case is basically to buy information from the site which is run and maintained by only 3 people. Reggie Middleton the principal, and a couple of guys who are responsible for the tech.
Want support with an issue for veritaseum? OK hit the contact button, check the e-mail address, the owner? Reggie Middleton's FIFTEEN YEAR OLD SON. Maybe the kid is a genius but this just kind of sends up red flags for me.
Check out how much he is charging for his 2MB PDF Files that do an analysis of different crypto's. something like $450 per PDF file at todays rate! (4.5 VERI)
Also he is keeping half the tokens and the other half are available only on EtherDelta soon. Could it be because no exchanges want to actually touch this ponzi coin? I think I will sell the small amount I own for 0 profit and be happy I didn't go in on this.
While watching your video I googled etherdelta so that I could find the site and saw the exchange stats on coinmarketcap.com and it seems that Veritaseum is 92% of the trade on the site! Is this the only place where you can get your hands on this coin? Do you know when it might be coming to other exchanges and which ones?
Yes this is the only site you can get Veritaseum at this time and you have to have Ethereum to get it. Ethereum is on a low dip. That is why Veritaseum is so high. I am buying Ether on coinbase now and sitting on it until Veritaseum takes a dip. Then I will buy Veritaseum before it goes on a big exchange and sky rockets.
Congratulations @paulc! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPBy upvoting this notification, you can help all Steemit users. Learn how here!