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vethor price prediction reddit

VeThor Token's market cap is $190.84M. In fact, some of them simply can’t afford it. The bonus Thor that some node-holders get is generated by the bonus pool of VET. maybe you skipped over "is". Oh, absolutely. The price prediction and outlook for the next 3 to 6 months will be based on a conservative approach—but anything can happen with cryptocurrencies and major price movements can happen at any point in time, like how Ripple in late last September went from $0.32 USD to $0.69 USD in just a … In writing this response, one flaw that I do see is that the model does not take account of companies holding VET to generate their own THOR. They can adjust how much Thor is needed to use the service daily/hourly/or as the price changes. A coin that is very useful to a select group of people, but effectively useless to everyone else. Hi guys! The amount of Thor received and price of Thor is irrelevant. The live VeThor Token price today is $0.006068 USD with a 24-hour trading volume of $28,043,106 USD.. VeThor Token is down 0.56% in the last 24 hours. 16k VET 100k VHTO. What if I bought $50k of Thor and got 100 to keep the numbers simple. [–][deleted] 0 points1 point2 points 2 years ago (1 child). If people flood the market with THOR, then production rate can be decreased to offset this. People don't want to pay 50 cents for THOR one year and $1 the next.Unless it's like 0.001 THOR a transaction of xx size. But when Vechain has clearly and multiple times gone on record stating that Thor will not be pegged to anything, I’m not sure why you’d believe it will be. [–]hungryforitalianfoodRedditor for more than 1 year 4 points5 points6 points 2 years ago (2 children). [–]sfIrish86Redditor for more than 1 year 0 points1 point2 points 2 years ago (2 children). Businesses are happy because they can continue operating at affordable, and eventually predictable, costs. If you are looking to invest in this digital asset, then this will help you not just to see how it is currently doing but also have an idea of its performance in February. I upvoted you because it’s not exactly a science as your point is 100% correct. I wouldn’t, I’d sell it and stay liquid. [–]Rezdawg3Redditor for more than 1 year 0 points1 point2 points 2 years ago (1 child). It’s even been pointed out before on several crypto blogs about how blind a lot of investors are. When increasing the amount of VTHO needed, the transaction cost will increase. IOST Price Prediction 2019. The current CoinMarketCap ranking is #155, with a live market cap of $200,820,038 USD. A simple VET transaction costs you around 30 VTHO, while sending a transaction filled with data to a smart contract can cost 1000 VTHO. VeChain (VET) Price Prediction 2019-2020. [–]dotbomb_jeffRedditor for more than 1 year 0 points1 point2 points 2 years ago (0 children). Eventually the Vechain ecosystem will begin running like a well oiled machine, with the biggest “hurdles” being presented by trying to predict how much additional Thor each new Vechain customer will require. Users can buy VET and sell the VTHO they generate on the open market. Both VET and VTHO are essential for the VeChainThor blockchain to function properly. Facebook had revenue of 777 million in 2009 and 1.97 million in 2010. so basically 5.5 years from founding. If we haven’t, why not? Statistics. I wouldn’t, I’d sell it. What I do know I like and so I invested. I disagree - instead all they need to do is stabalise the cost of using Thor for each task on the blockchain. I could see that pissing off a lot of clients. Thank you for your feedback. Businesses will also speculate that the price of VET will go up, and they’ll begin calculating the investment amount required to buy enough VET, before the price goes up further, to produce the Thor they’ll require for the foreseeable future. I was saying AMZ could create its own public blockchain powered by AMZ . Well, guess what’ll happen next. I sold all of my ETH, Lisk, Dash, Antshares (NEO) before their huge runs. The VeChain Token (VET), which will act as a store and transfer of value and VeChainThor Energy a.k.a VeThor (VTHO). Or have I got it mixed up again as a closed system? It also allows you to transfer VTHO to a different wallet address. You do make a good point and if people could stop just cheering for their coin team and look at investments as they should, unbiased, they would see that this is a valid point. Thor Power generation rate: 30% of all Thor Power consumed by blockchain transactions will be rewarded to the 101 owners of a Thrudheim Masternode. All we can do is wait and see what the team is thinking once they release some info. 70% gets burned on use. [–]bvsatRedditor for more than 1 year 3 points4 points5 points 2 years ago* (0 children). [–]TamedTornado 1 point2 points3 points 2 years ago (3 children). Dont want to edit and cause confusion :), [–]toymachien3Redditor for more than 1 year 3 points4 points5 points 2 years ago (3 children), "We know that VeChain will vary THOR production rate to maintain a stable USD price. (VTHO/IRR), stock, chart, prediction, exchange, candlestick chart, coin market cap, … What will end up happening in this scenario is that Thor will find its way to the people who want it. Like if the generation is increased then people generating a lot will generate a lot more and if they don't need this excess THOR they dump. VeThor Token Daily Performance. They also have more responsive tools and thus better control over their platform than national governments do over their fiat currencies. 2) Vary THOR cost per task: THOR price increases but production rate stays same. Be respectful towards each other. I should add... when talking about control systems 'feedback' is actually good. If they haven't, maybe its time to think. But we have no projection from VeChain so let's start with that. This translates to a generation rate of 0.000432 VTHO generated per VET per day. No low-quality content or duplicate questions. The point is for them to improve society. History, trading idea, where to buy that helps price prediction Market Cap: $1.78T • 24h Volume: $286.77B • BTC Dominance: 59.4% Companies are in business to make a profit. VeThor Token (VTHO) price based on hundreds of cryptocurrency exchanges. Every single attribute can change in response to environmental changes. If it does this is going to be one hell of a ride. use the following search parameters to narrow your results: VeChain is a global leading blockchain platform for products and information. Well said and this pretty much sums it very nicely for Vet token holders. I personally think the figure will go far, far higher. VET generates VTHO so by holding VET you will earn VTHO, which can then be used to pay for your transactions. I don't think Vechain will become a unicorn let alone a decacorn (not saying it is impossible, but it is just unlikely), but there are some data points. This cannot be overstated. You will be less likely to invest in VeChain than I. This will also result in more VTHO being burned. 1000 gas currently equals 1 VTHO as defined using the VTHO/kgas variable setting. This is literally the whole point of Thor, to be used. The VeThor Token price is currently $ 0.005980 with a 24-hour trading volume of $ 35.03M across 10 exchanges. If it's the companies using the platform surly this means it will become to costly and over time they will migrate to other platforms/blockchains? On use, 70% of the VTHO gets destroyed, while the remaining 30% is paid out to the Authority Node as a reward for validating the transaction. Save my name, email, and website in this browser for the next time I comment. VeChain (VET) Price Prediction: Verdict. [–][deleted] 1 point2 points3 points 2 years ago (0 children), Yeah OP should update his post with your calculations so there's no misinformation, [–]_Bob_Bobson_Redditor for more than 1 year 4 points5 points6 points 2 years ago* (3 children). ⭐ In 1 year from now, what will 1 VeThor Token be worth? @sweykay, maybe just remove ur 2nd word. What happens in the short term, Thor ends up costing more money. This is not the same as asking the big investment banks to begin publicly rolling the dice on crypto. Currently, VeVid, VeVot, VeSCC & Assetlink Manager will launch on the VechainThor platform. They even added their version of VeChain price prediction 2021, where they stated that VET might reach $4.10 by 2021. In this guide, we will take a look at VeThor (VTHO), the use cases of VTHO, how you can earn VTHO and how you can buy and sell VTHO on the open market. If I don't get at least 5% returns or more, I'm selling off my node. VET cryptocurrency in the form in which it exists today, became available to trade from August 3, 2018 (due to a prolonged swap). [–][deleted] 1 point2 points3 points 2 years ago (3 children). Where will that leave VeChain if companies decided to take this approach? Road to 1 Billion Presentation by Dyma Budorin, CEO at Hacken. No inappropriate behavior. Once everyone begins to realize that Thor is not going to gain in value, they’ll begin selling all their Thor as quickly as they can to people who actually need it for what it’s designed for, to be used. But if the market brings Thor up to $50 then Vechain can have a mechanism to automatically balance things so it only then takes 0.001 Thor for that same task. That company has no reason to care if the supply is doubled or tripled or multiplied x10 if they can still process the same 10,000 tx with their 10k THOR. As Vechain’s ecosystem grows exponentially, especially through their networking, strategic partners, every second, every day, every week, VeThor will continue to be used. We have already seen the value of VeChain (VET) increase with the usage of Vechain’s blockchain. Now the question becomes what will VET be worth? From the predictions on these websites, there is a general optimism about the performance of VeChain in the coming month. [–]Spy_v_Spy_FreakshowRedditor for more than 1 year -1 points0 points1 point 2 years ago (7 children), "Company willing to pay $0.5 per transaction on blockchain, smart contract execution". REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 20145 on r2-app-0ea26910eca041ad6 at 2021-03-12 19:14:09.223102+00:00 running 1ebdfbe country code: US. Cheers mate, incredibly helpful to think of thor burn as a control/oscillation stability system like this for oil and gas, thanks for the infos! On the dApps side you missed off Decent.Bet They recently states they will now use Vechain and not Eth. Get the VeThor Token price live now - VTHO price is down by -12.36% today. I feel like maybe the whole crypto meme of hodl has gone too far. DNV GL will develop smart contracts on VeChain Thor’s blockchain to calculate … Sunny Lu VeChain Price Prediction Except that THOR generation doesn't rate change because you've got a node. Glad it helps! Well, the businesses are the customers, and they don’t want to pay twice as much per transaction. Nevertheless, we can already say that it feels fairly confident in the market. There are a total of 870,000,000 VET tokens producing THOR (1000,000,000 total supply – 130,000,000 burned). Aluna Social (ALN) Price Prediction 2021, 2022, 2025, 2030, 2050 You could only demand a price which offered value to those companies however- this would be that natural market value of the THOR. [–]Tomcat501Redditor for more than 1 year 0 points1 point2 points 2 years ago (0 children). [–]_Bob_Bobson_Redditor for more than 1 year 46 points47 points48 points 2 years ago* (80 children). Agree (partly)! I dont think they plan to actual stabalise the price of Thor at all, they only plan to stabalise the amount needed for tasks. Let’s pretend all of the VET tokens are producing 1,000,000 Thor each day, and that Thor is trading at $2 at token. Many of you have clung to unofficial VeThor calculators and those calculators are quite fun. This is the way to understand the real value of VeThor, Amount of Vet holdings Divided by Circulating Supply Multiplied by Total VeThor ecosystem cost, Example( this assumptions are used as an example ), 10,000 Vet (Vet holding) / 525,770,505 = 0.0019 % of Vet Circulating Supply, Company willing to pay $0.5 per transaction on blockchain, smart contract execution, Let’s say ecosystem is running 100mm transactions daily, 0.0019 % multiplied by $50,000,000 = $950 daily. E.g. We know that VeChain will vary THOR production rate to maintain a stable USD price. Just wondering where this "slice of future income" will originate from. [–]Russian_bot_55 0 points1 point2 points 2 years ago (0 children), [–][deleted] 1 point2 points3 points 2 years ago (1 child), [–]woodwoodupRedditor for more than 1 year 3 points4 points5 points 2 years ago (0 children), [–]born2net4Redditor for more than 1 year 1 point2 points3 points 2 years ago (1 child). Why are you so eager to make sure no one gets their feelings or pocketbooks hurt? But they miss the fucking point. I won’t even address the irony of pegging a cryptocurrency to a fiat currency except to say that it reminds me of when phone companies first did voip, they added an artificially produced ‘white noise’ so that people wouldn’t think the other person had hung up , [–]pbinj 1 point2 points3 points 2 years ago (0 children). Off the top of my head, a few that could be relevant here. You could even argue that by holding Thor, you are a detriment to the Vechain platform. [–]MrWacCo-VeChain1KRedditor for more than 1 year 1 point2 points3 points 2 years ago (1 child). If they telegraph that they will be increasing the supply at some point in the future they would dump the price because investors would sell their supply before that date in order to receive the most return possible. Stated plainly in Apotheosis 2. [–]_Bob_Bobson_Redditor for more than 1 year 4 points5 points6 points 2 years ago (1 child). I don’t see vechain wanting to limit their reach. Vechain is also a platform with a number of dApps being built. This type of recycle takes part of the product and puts it back in the feed to the reactor. [–]SolomonGrundleModerator 12 points13 points14 points 2 years ago (0 children). Supply continues to match demand and VET holders benefit because their THOR tokens have higher USD value each. VeChain Price Prediction and Future Forecasts 2021, 2023, 2025, 2027. The higher the price of Thor the better considering if its low they will go through billions of Thor way to quickly... [–]_Bob_Bobson_Redditor for more than 1 year 1 point2 points3 points 2 years ago* (0 children). If price gets too high the amount of THOR being generated goes up to flood the market and bring price back down or keep price down so it's the cheapest option forever. No CEO in the world would pay 50 cents per transaction to track it's merchandise in there supply chain. As of 2021 February 24, Wednesday current price of VTHO is $0.00521 and our data indicates that the asset price has been stagnating for the past 1 year (or since its inception).. Vethor Token has been showing a declining tendency so we believe that similar market segments were mildly popular in the given time frame. Let’s analyze the factors that will affect the pricing of this cryptocurrency in the coming year. [–]dotbomb_jeffRedditor for more than 1 year 0 points1 point2 points 2 years ago (2 children). More VTHO being burned will increase the demand for VTHO, further increasing the VTHO price and the cost of a transaction. If people hoard THOR, then the production rate can be increased to ensure that those selling still meet market demand. Whichever method VeChain use to stabilise the cost of using their platform, we know that they will do this- and VET holders will benefit in either case. We’ve got an issue. Wow, can you translate all this in simple English? National fiat currencies have issues maintaining a consistent value I can’t imagine vechain will get it figured out with their limited supply. THOR is a consumable good (an operating cost) and to me that makes about as much sense as a big business becoming obsessed with the market rate of toilet paper, software licensing, or paper after they've ordered a year's supply. I wouldn’t be surprised to see a program written that auto trades Thor in real time. Makes more sense to control supply instead of cost. This is true with the model above; larger market for THOR = higher value. not getting any VHTO. Thor Power generation rate: Currently set to 0.000432 thor generated per 1 VET held per day. It would be impossible to determine the price on the open market just by fluctuating supply. [–]CryptoRedemptionRedditor for more than 1 year 4 points5 points6 points 2 years ago (6 children), "Of course it will be used as an investment vehicle.". Lets also assume Amazon blockchain will only do Amazon merchandize and that of the sellers on its platform. It seems sensible to me that over an extended time period, the point of equilibrium would be the point where total USD value of THOR generated per year matches total USD income from blockchain operations. You can currently buy or sell VTHO using the centralized oceanex.pro exchange, or the decentralized vtho.exchange. The one you refer to is to help heat exchange or to help the distillation efficiency between stage in a distillation column. [+]Spy_v_Spy_FreakshowRedditor for more than 1 year comment score below threshold-8 points-7 points-6 points 2 years ago (1 child). In my view, it is the preferable option as it completely hides volatility from customers and pushes it towards investors. You can’t multiply 5.7 by 20 because 5.7 is Thor’s price in the scenario and Thor is produced at a 1 Thor per 7 vet annually. Huge, enormous, gigantic win. They have stated that Thor will be available on the open market, and the market will set its price. This does not mean the price can't rise with time- but efforts will be made to control rises because volatility would be a deterrent to enterprise. My two scenarios above would most likely exclude increasing the production of Thor. This is where the hot potato comes into play. [–]_Bob_Bobson_Redditor for more than 1 year -3 points-2 points-1 points 2 years ago (0 children), [–]_Bob_Bobson_Redditor for more than 1 year 7 points8 points9 points 2 years ago* (23 children). Won't be the case day in, day out- but as I see it, that is the necessary point of equilibrium the ecosystem must reach in the long term. I am just playing devils advocate to stir up a good conversation. At a rate of 0.00042, these will produce a total of 365,400 THOR per day. I’m sure it would be fractionally smaller than that obviously but I hope you see my point. A user that owns 10K VET in his wallet will earn 4.32 VeThor each day. No sources, no evidence. On the other side, lowering the amount of VTHO needed, the transaction cost will decrease and less of the generated VTHO supply will be burned. I think 5-10% is too high to use. Tweaking it to suit needs is another 1 month effort by devs. The importance of understanding this, is that it is to everyone’s benefit to make Vechain’s ecosystem as valuable possible. That's where nodes and x nodes come in. What if they increase the supply by twice the amount and so 200 is now worth $50k from one day to the next. The VeChain Token (VET), which will act as a store and transfer of value and VeChainThor Energy a.k.a VeThor (VTHO). For example.. if Thor is worth $1 they might say you need 0.1 thor to perform a specific task. You convert TRX to BTC from CoinSwitch at the best rates. [–]strifesfateRedditor for more than 1 year 2 points3 points4 points 2 years ago (0 children). The foundation pool will decrease by 2,5 billion VET every 6 months, until further notice. All in all, the $1b figure (by all means insert your own figure here) refers to companies buying THOR on open market. What happens next is that Vechain, in order to keep the system operating (aka keeping the businesses happy), increases the production of Thor. The VeChainThor blockchain consists of a two-token system. Tron price prediction 2025 VeChain price prediction. If you love or hate Vechain influencers, the fast-moving cryptocurrency is tightly associated with the Twittersphere, with thousands of industry leaders and market makers sharing tips, exposing scams and controversies, tossing insults and pumping the price. This is like theorizing that automobiles won’t be able to turn left or right and oh, this theory most likely excludes them installing a steering wheel. VeChain Tech Deep Dive Series Video Playlist, VeChainThor DApps & Community Facebook Group, Xiamen Innov Information Technology Co Ltd, Lingang International Manufacturing Exhibition Trading Center, People's Insurance Company of China (PICC), VeChainThor Development Plan & Whitepaper, Tutorial of VeChain's BaaS Platform - Toolchain, Revealing the CREAMethod and its Highly Anticipated Incubation Project, 8Hours Foundation / TapTop. Taking Ethereum as an example, during last years bull run the price of Ethereum rose to over $1000. So more THOR is being generated to keep price where it should. By this point, Vechain will already have a pretty solid idea of how much Thor is being used each day. EDIT: Also, two token system not required to achieve stability by the means you suggest, so have to question why they introduced it... [–]fantasy_football_nutRedditor for more than 1 year 0 points1 point2 points 2 years ago (1 child). The VeChain Thor price is currently $ 0.064314 with a 24-hour trading volume of $ 787.03M across 31 exchanges. Yeah, the assumption of 1 billion revenue is outlandish at the moment. Check the, No misleading titles, no misinformation, no manipulation. Do you hodl tether? What’s the market effect of this? The VTHO price is down -5.72% in the last 24 hours. [–]wittazRedditor for more than 1 year 0 points1 point2 points 2 years ago (2 children), [–]picks_or_gtfoRedditor for more than 1 year 5 points6 points7 points 2 years ago (0 children). Ideally it'll happen before price gets out of hand because the whales will know when their supply is getting low and they need more dumpers. Agree- above is an approach to calculate that value of THOR. My figure of $1b is illustrative- not a projection. I think your scenario excludes that possibility for reasons previously mentioned. Edit: nvm, all VET outside of authority nodes does have the same gen rate, but I think OP should then be using total supply. And if their usage exceeds projections, they'll certainly appreciate being able to supplement by buying an additional 1k of THOR as a similar per-unit cost due to the price stabilization. [–][deleted] 2 points3 points4 points 2 years ago* (1 child). Lets assume Amazon spun up its own blockchain. That's why people much smarter than me at the Oxford math department and others are working on figuring out the best way to go to sustain long term growth. Let’s see. This is a big problem for anyone wanting to use the Ethereum blockchain! I'm waiting for the whitepaper to see what that says. You have to see this line of argument as well because forking ETH codebase is as simple as 1 click. If I’m a business and I’m producing more Thor than I’ll need in the predictable future, why would I stockpile that extra Thor in the interim? The circulating supply is irrelevant to the price of VET. The point is that there will be a market for VeChain's services, and the value of that market will define annual USD payments into THOR. Say I buy 100 Thor because I want to transact 100 times against the block chain, telling me a week later that my 100 Thor now allows me to do 200 transactions is a bit pointless from my perspective. SP500 does 7%, adjusted for inflation, since 1950. In today's VET VeChain price prediction and technical analysis video for 2021, we will be looking at the VET VeChain crypto on multiple timeframes. So, taken as a whole - all VET is going to generate THOR at the same rate. Just wanted to comment that $0.5 per Vethor is just an example and does'nt resemble my personal price estimates of Vethor which is far higher than example stated. Do some of the speculating Thor holders get burned? The only option to keep the price per Thor fixed is to only sell them on a closed exchange. Ask anybody if they'd sign up for an AMZ node for a tiny fraction of the transaction cost. "thinking" is used as a noun. and join one of thousands of communities. So many factors at play in this scenario. Just like Sunny Lu said, I am like his mother and understand about as much about this. There are so many ways to address this, but remember to think about this market as a living organism. It has a circulating supply of 33.09B VTHO. They issue rewards to node holders but have a much lower processing fee than VeChain. At the time of writing, 37.5 million VTHO is generated each day. VeChain have never said they will not 'try to control the price of THOR' to my knowledge but I believe they have said it will be 'dictated by the market'. Without VET, there is no VTHO generated. This is very simple. By increasing or decreasing the amount of VTHO that is required for a transaction the transaction cost can also be influenced. I'm not going to say I have all the answers. You can think whatever you want. Vechain doesn't have to get THOR stabilized to a highly-accurate degree, they just need to make it relatively stable. I am afraid I disagree however. So I really don't know much about VET but hold a bit. [–]Jtrades26Redditor for more than 1 year 3 points4 points5 points 2 years ago (0 children), [–]dotbomb_jeffRedditor for more than 1 year 2 points3 points4 points 2 years ago (1 child). A recycle smooths out the input variations so that the output is calm and steady. And that’s bad for the entire Vechain ecosystem, including the people holding Thor, because the businesses are what fuels everything. Here are the main price forecasts: DigitalCoinPrice believes that the price of VET will only grow over time. What better to get the ball rolling than a coin specifically designed to be used? Please provide evidence of valid comparison, cannot compute ridiculous emotional human response. [–]_Bob_Bobson_Redditor for more than 1 year 4 points5 points6 points 2 years ago* (13 children). Why? Cryptocurrency price prediction and analysis help investors to make the best investment decisions. These systems are harder to bring into equilibrium than a system that combines feedback with recycle. The expected maximum price is $0.0058987, minimum price $0.0040111. Today's VeThor Token price is $0.005785, which is up 4% over the last 24 hours. Amazon could easily set up a private blockchain, but not so easily- nor so likely a public blockchain. Enterprises do not want to have to figure how many Thor to buy all of the time they want to buy shit for a consistent price in their preferred national currency because that’s how they budget. Does AMZ really care about adoption by other companies of its blockchain as long as it cuts millions of dollars off its expenses to credit card companies and also gain from lot of upside to the AMZ coin? Amount of Vet holdings Divided by Circulating Supply Multiplied by Total VeThor ecosystem cost. It is easier to fix the use to a fiat price. [–]Sweykay[S] -1 points0 points1 point 2 years ago (0 children), [–]come-back-zincRedditor for more than 1 year 0 points1 point2 points 2 years ago (0 children), [–]fantasy_football_nutRedditor for more than 1 year 0 points1 point2 points 2 years ago (0 children). The whales market making will build walls to make sure price is stable. VTHO price prediction today, week, month, VeThor Token Forecast 2021..[>] Price: $0.00736 Marketcap: $214.88 M Invest in VeThor Token Right Now..[+] This means that if you hold 1% of VET, you'll get 1% of all Thor value (valued using the approach the OP mentioned) + whatever bonus amount you qualify for based on your node status. Reddcoin price prediction for June 2021 The Reddcoin price is forecasted to reach $0.0046941 by the beginning of June 2021. source In fact, AMZ coin will only have to pay 1% of the fee they pay Visa/MC today to node holders and node holders will be happy.

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