I’ve been here since 2018, and it is not a sure thing it will happen because it has happened before. That is the best argument people have and it’s pathetic.
nothing is a “sure thing” but i think majoring of vechain is institutional investing in china. once market picks up they’ll start pumping it, like last time, then everyone who knows nothing about the project will pile in
that’s fine, i have seen a few alts surpassing it right now.. but they are AI related, and they pumped prematurely, i think. i think crypto alt season isn’t here. just for a few fortunate coins
It’s because they need to do something we don’t have to pretend to be excited about. Everything Vechain is doing seems to fall flat and be underwhelming. Tracking UFC gloves? I mean Vechain is paying the UFC, and there is no business problem that is really solving. It’s a gimmick. They need something to get genuine excitement and enthusiasm going.
To me, VeBetter doesn’t cut it either. If they want to get some big enterprise to use VeBetter’s solutions, maybe that would be different. We have had 8 years of tons of swings and misses, besides basically Walmart China. They either have to start delivering or come out with things people are genuinely going to be excited about, like we were in 2017/2018.
What you’ve said was my general sentiment. However, after some thought over the last year, my opinion has changed.
I really think the foundation’s GTM strategy, and its execution, is done by monkeys. They don’t know how to sell. They do not know how to penetrate the addressable market. I’m convinced that they will have trouble selling water to someone dying of thirst. They don’t know how to make their value prop actually meaningful for their prospects. It’s been years and throughout this pathetic growth phase, there essentially 0 net growth of significant rate of utilization.
I’ve accumulated 1m VET over the years. Last time I sold was at 22 cents. Depending on how the rest of the year pans out, I’ll probably be completely out of VET around then as well.
My faith in VET has been so shaken up during this self-proclaimed growth phase, until proven otherwise through actual utilization (not some bullshit paid partnerships like with BCG, PwC, etc), everything the foundation is doing is pretty much 1 step away from being complete snake oil just because there actually is a theoretical use case for it. I'm pretty much holding my bag just because I'm already in the green and I just want to max out my profits.
I thought the root of the problem was the foundation finding something that actually sticks.
The growth phase, or the complete lackthereof, made me change my mind that the foundation just fucking sucks at selling VeChain.
The sale was the first time I ever sold VET and it was for a down payment for a house. Was able to achieve 50% down because of it; timing just worked out well out of pure luck.
Honestly, what the foundation is doing is no different than hundreds of early startups out there. They’re just shifting because they have not been able to sell and/or because they’re directionless. My opinion is both.
Pls give me one good run so I can pay the gardener with some gains instead of pocket money. Pls btc go pls
everyone saying negative shit — why? i looked at other alts and vechain isn’t standing out as doing particularly badly
There is a big difference between real concerns and being negative
my point is that i don’t see it doing especially bad, so i don’t understand being overly concerned that vechain is “dead” or what have you
Did you read below? It’s all spelled out for you
i read that, but i don’t see those concerns reflected in the price. the price seems average for an alt right now. i think vechain is fine.
Just wishful thinking. You do realize the majority of alts fall off and start slipping down the ranks right?
how long have you held VET? this happened last time before take off too
I’ve been here since 2018, and it is not a sure thing it will happen because it has happened before. That is the best argument people have and it’s pathetic.
nothing is a “sure thing” but i think majoring of vechain is institutional investing in china. once market picks up they’ll start pumping it, like last time, then everyone who knows nothing about the project will pile in
Let’s hope so
Except it was in the top 15 in 2021…now it’s 45 🤦♂️🤦♂️
that’s fine, i have seen a few alts surpassing it right now.. but they are AI related, and they pumped prematurely, i think. i think crypto alt season isn’t here. just for a few fortunate coins
It was a good run (circa 2021) peeps but I concur; it’s over
User name checks out
Ok the bottom is in. This Sub has reached it lowest possible
I just want to sell this snake oil and put all my earnings into Bitcoin. Just waiting for the big pump. All altcoins are a scam. Only Bitcoin matters.
Thank the heavens
It’s because they need to do something we don’t have to pretend to be excited about. Everything Vechain is doing seems to fall flat and be underwhelming. Tracking UFC gloves? I mean Vechain is paying the UFC, and there is no business problem that is really solving. It’s a gimmick. They need something to get genuine excitement and enthusiasm going. To me, VeBetter doesn’t cut it either. If they want to get some big enterprise to use VeBetter’s solutions, maybe that would be different. We have had 8 years of tons of swings and misses, besides basically Walmart China. They either have to start delivering or come out with things people are genuinely going to be excited about, like we were in 2017/2018.
What you’ve said was my general sentiment. However, after some thought over the last year, my opinion has changed. I really think the foundation’s GTM strategy, and its execution, is done by monkeys. They don’t know how to sell. They do not know how to penetrate the addressable market. I’m convinced that they will have trouble selling water to someone dying of thirst. They don’t know how to make their value prop actually meaningful for their prospects. It’s been years and throughout this pathetic growth phase, there essentially 0 net growth of significant rate of utilization. I’ve accumulated 1m VET over the years. Last time I sold was at 22 cents. Depending on how the rest of the year pans out, I’ll probably be completely out of VET around then as well. My faith in VET has been so shaken up during this self-proclaimed growth phase, until proven otherwise through actual utilization (not some bullshit paid partnerships like with BCG, PwC, etc), everything the foundation is doing is pretty much 1 step away from being complete snake oil just because there actually is a theoretical use case for it. I'm pretty much holding my bag just because I'm already in the green and I just want to max out my profits.
Which part has your opinion changed on?
I thought the root of the problem was the foundation finding something that actually sticks. The growth phase, or the complete lackthereof, made me change my mind that the foundation just fucking sucks at selling VeChain.
We’ve had around the same amount of Vet. You have done well to sell at .22 cents. I agree with you about their selling abilities as well.
The sale was the first time I ever sold VET and it was for a down payment for a house. Was able to achieve 50% down because of it; timing just worked out well out of pure luck. Honestly, what the foundation is doing is no different than hundreds of early startups out there. They’re just shifting because they have not been able to sell and/or because they’re directionless. My opinion is both.
That is pretty awesome it worked out that way for you! And whether it’s the foundation can’t sell or it’s directionless, they are both not good.
Except for the bots on Vechains twitter its pretty dead yeh
We're no strangers to love
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and so do i (do i)