Reggie's right, cryptocurrency isn't a scam, it's just his artificial scarcity, Etherdelta-only coin with nothing yet to back it that is..
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Reggie's right, cryptocurrency isn't a scam, it's just his artificial scarcity, Etherdelta-only coin with nothing yet to back it that is..
First, have you tried Eetherdelta? It is not bad to use. Since it is a decentralized exchange, it is really inexpensive to use.
Reggie's coin is designed for use by ultra-high-worth individuals. The Veritas can be sent into them to be written for financial investment analysis.
If you look at the valuation of his coin, it's preposterous. Everything from his crappy website, to the weak code examples, to the missing experienced team, to the horrible video explanations, to his lack of real banking experience (he worked a couple years at Prudential insurance and that's it other than his CNBC award) all screams that this coin is so unbelievably overvalued that it's almost insane. The only thing that is keeping this coin up and alive is the Church of Cliff High. No one else would continue to hold this coin at these crazy prices based just upon the market reports he provides and his vision of disintermediating the financial exchanges. Cliff High has made a self-fulfilling prophecy out of Reggie's coin based upon no legitimate reasoning to this point
I do agree, the information surrounding the product is vague. I like the idea of marketing to the big financial industry. Hopefully, he has the networking to be effective in that circle.
You may be right. Clif High does spread a lot of buzz about the coin. I would totally believe that the coin is overvalued. I have had a good experience in the investment up to this point. I will continue to watch the charts. The news surrounding the platform has been positive recently, and it is still in early stages. I hope that it lives up to the hype.