Old patterns show up and it’s a good thing for Vechain by crypto2crypto

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crypto2crypto · @crypto2crypto · Jun 30 '18 (edited)

$98.35

Old patterns show up and it’s a good thing for Vechain

So today I opened up binanace to find that the key  had gone bananas. 

![70F7591B-C29C-4D5B-BC0D-838BA6AD9F16.jpeg](https://cdn.steemitimages.com/DQmddfNL2JpDE49mV79aK9eYzdski2zkEHC9tJC28ZCWCks/70F7591B-C29C-4D5B-BC0D-838BA6AD9F16.jpeg)

This was super exciting for me, but not for the reason you expect. 

With the current supply and starting price this was prime bait for those who like to have large amounts of coin for cheap no matter the supply. This has proven to be very effective in getting people to buy large amounts and push up the price. Why? Because everyone is hunting the next ripple moon shot and hoping it goes to $1.  This leads to wild price action.  

So here we have Vechain. Current sitting at $2.65 and just initiated their mainnet. Along with this mainnet comes a 100:1 swap. That mean for every 1 Ven you have you will receive 100 vet. This increases the supply by 100x but also cuts the price by 100 as well. 

Well you ask why would I want this? Well psychologically buyers will now see this coin as cheap, and rush to buy as many as they can pushing the price upward. Add in the fact that they are a legitimate company and you have a recipe for moon in a bottle.  

These next coming months will be interesting as the bulls return and folk have extra money to spend. So keep a close eye on it. 


If anyone is looking for a space to talk Vechain/crypto. Check out this telegram 

https://t.me/vechain_trader

👍 appreciator, therising, smartsteem, emperorofnaps, weupvote, sneaky-ninja, newhope, uzgo, spectrumecons, ripperone, kylemacmac, webdeals, roomservice, btcvenom, arindammroy, suonghuynh, captaincanary, jesseluther, on1x, guyfawkes, crypto2crypto, anikaa, sebhofmann, pi5000, foxyd, beautifulbullies, chronocrypto, mohamed-shebl, inature, jiangzemin, votepower, santana33, theprempredictor, kwakumax, francis.melville, soufiani, deathwing, spiritualmax, zephyraijunzo, clasicktv, cotarelo, adonisabril, kharrazi, inkedandsexy, mdabdullah, votebank, fbslo, meherin, kingscrown, slempase, mukhtar.juned, steemitpowerupph, aurimo, yangoldberg, onlineprds, macbaren, profchydon, mahsumakbas, omeratagun, iveta, phoenixdh, morwhale, hvr, robi, and 51 others

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@a-0-1 · Jun 30 '18

#
# upvote for me please? https://steemit.com/news/@bible.com/6h36cq
#

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@blewitt · Jun 30 '18 (edited)

Got my lil stack of VeChain that I’ve been adding to. Looking forward to seeing what it does in a healthy market being so low one that split happens

👍 crypto2crypto

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@crypto2crypto · Jun 30 '18

$5.42

Glad you do and I expect to make some solid moves, going to be a fun ride for sure.

👍 weupvote, blewitt, crypto2crypto

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@blewitt · Jun 30 '18

Now I have seen your posts on holding and so on. Seems you trade and are more active than hold. Would that be something that you have always done or learned along the way?

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2 replies

@dyslexicwriter · Jun 30 '18

I think you're dead on. To me, Vechain is the best in its category, so I truly think this will only help them grow. Great psych assessment.

👍 crypto2crypto

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@crypto2crypto · Jun 30 '18

$1.66

I appreciate t unt friend.

👍 weupvote, dyslexicwriter

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@emperorofnaps · Jun 30 '18

re-crypto2crypto-old-patterns-show-up-and-it-s-s-good-thing-for-vechain-20180630t153740633z

You got a 22.95% upvote from @emperorofnaps courtesy of @crypto2crypto!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

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@frankvvv · Jun 30 '18

Strange this is: mainnet launched, Vechain didn't really move in a special way. Just moved like most cryptos today.

👍 frankvvv, mysearchisover

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@crypto2crypto · Jun 30 '18

$5.64

Mainnet no longer carries that effect. actually coins usually dump.

👍 weupvote

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@frankvvv · Jun 30 '18

Yeah, I think Vechain didn't dump because there was no pump right before the mainnet launch because of the bear market.

👍 mysearchisover

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@manishsingh9 · Jun 30 '18

This is a good signal buying Ripple because at this moment dealing in Ripple can bring profit. As there is large supply and market cap is far better than anything else, even the Inflation rate is controlled now.

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@suratcorporate · Jul 2 '18

@manishsingh9 is that all our assumption. So market is more negative one by one. So no one can say that ALT coin will go in bullish run.

👍 suratcorporate

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@mohsininlove · Jul 7 '18

@crypto2crypto sir now what about key token..future..??

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@crypto2crypto · Jul 7 '18

I like the future of it, I’m just being careful while all of the fomo is going on.

👍 mohsininlove

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@mohsininlove · Jul 7 '18

yes of course

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@rkdesigner · Jun 30 '18

You’re right mate

👍 lec

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@sames · Jun 30 '18 (edited)

I am a simple man I see Ripple and I make a comment on how it sucks :)
Anyways I feel like the newer cryptos don't worry about supply and make it so large. One way it good but I feel like we are going back to the days of no set amount...
It starts off as controlled inflation then to random inflation to  high inflation-just watch I feel like it going to happen.
And this is why we can't replace bitcoin. The less a coin HF the more of the original the coin is... And the more trust you know that it will stay the same..
But I got some Vechain now pump it-newbies-I want to buy more steem :)

👍 crypto2crypto, lec

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@crypto2crypto · Jun 30 '18

$5.52

Very well said.

👍 weupvote

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@dmitriy1911 · Jun 30 '18

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@sneaky-ninja · Jun 30 '18

re-crypto2crypto-old-patterns-show-up-and-it-s-s-good-thing-for-vechain-20180630t163842407z

![sneaky-ninja-sword-xs.jpg](https://steemitimages.com/DQmde7XXhkKjmxyqBbBPTwkaiuXXrtQe6qXoWmCDZL1nD2B/sneaky-ninja-sword-xs.jpg)
Sneaky Ninja Attack! You have just been defended with a 17.56% upvote!
I was summoned by @crypto2crypto. I have done their bidding and now I will vanish...

woosh
A portion of the proceeds from your bid was used in support of youarehope and tarc.

[Abuse Policy]( https://steemit.com/steemit/@sneaky-ninja/new-sneaky-ninja-abuse-policy-must-read-for-all-users)
[Rules]( https://steemit.com/steemit/@sneaky-ninja/sneaky-ninja-reminder-of-rules)
[How to use Sneaky Ninja]( https://steemit.com/steemit/@sneaky-ninja/reminder-how-to-use-sneaky-ninja)
[How it works]( https://steemit.com/steemit/@sneaky-ninja/sneaky-ninja-reminder-of-how-he-works-vote-worth-usd160-now)
[Victim of grumpycat?](https://steemit.com/we-resist/@firedream/resistance-started)

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@suratcorporate · Jul 2 '18

@crypto2crypto is that really good vechain? What we have to buy when every thing is go down. When bitcoin will pump. All negative thing in the market.

👍 suratcorporate

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@tts · Jun 30 '18

To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/crypto2crypto__old-patterns-show-up-and-it-s-s-good-thing-for-vechain.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.

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