Veritaseum (VERI) Live Price Chart & History

Live VERI / USD Price Chart

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Price USD 0.7%
$129.109000
Price BTC
0.0138179
Volatility (7d)
1.23 %
Volatility (30d)
1.65 %
Market Cap USD
$262.9M
Market Share
Since launching at $48.9557 on 08/06/2017 Veritaseum has achieved a price of $129.109, rising 20.51% in the last week alone.

Veritaseum Price Analysis: Predictions and Forecasts

Why buy Veritaseum? What is it used for?

Veritaseum builds blockchain-based, peer-to-peer capital markets as software on a global scale. We are taking a wide swath of assets and exposures and placing them on the blockchain as autonomous software that seamlessly connects to parties without the need for a 3rd or authoritarian interest. Any entity with internet access can participate in these capital markets on a peer-to-peer, over-the-counter, and one-on-one basis... Veritaseum is a revolutionary, highly disruptive application of blockchain technology, smart contracts and distributed computing to industries suffering from high economic rents, undue friction and gross inefficiencies. Describing Veritaseum is actually very simple, but that description is often frustrated by: Lingering concepts of the legacy institutional business models that Veritaseum seeks to disintermediate; Ingrained prejudices towards leaps in technological capabilities, particularly in the first industry that we're moving to disrupt - finance. At it's simplest, Veritaseum is the gateway to peer-to-peer capital markets. It allows any two or more individuals to deal directly with each other in transactions of value without reliance on centralized or authoritative third parties. They can do this without concern for credit or counter-party risk. Phenomenal, right? Of course, this begs the question... How is this done? Let's start with how it's not done. Veritaseum is not a broker, a fund, a bank or an exchange. It is distributed, serverless software! To explain what we are, let's take a quick history lesson.
Veritaseum was launched in 08/06/2017. It uses the Ethereum consensus (currently proof of work, will be proof of stake later on) method of consensus, and is based on the N/A algorithm. Veritaseum's goals include Veritaseum claims to offer a development platform for a wide range of applications all revolving round and using Veritas tokens.. Veritaseum aims to set itself apart from other cryptocurrencies due to Many details of its platform are rather vague and unclear.

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Risk Warning: Your capital is at risk

Veritaseum Trading: How To Buy + Trade VERI

Many of the 'long tail' of cryptocurrencies are currently only available at a handful of exchanges, many of which will not accept direct US Dollar, GBP or EUR deposits. In order to make a trade, you need to:
  1. Create a Bitcoin, Litecoin or Ethereum wallet
  2. Create a Veritaseum wallet to recieve your coins
  3. Buy either BTC, ETH or LTC at an exchange you trust, making a deposit by bank transfer or credit card
  4. Transfer the major coin you have bought to an exchange that trades VERI
  5. Exchange your BTC, ETH or LTC for an amount of VERI, depending on the current exchange rate
  6. Move your Veritaseum coins from the exchange to your private wallet to protect yourself from hacks or bankcrupcy at the exchange

The downsides of trading VERI on an exchange

As you can see, the process for trading Veritaseum is not entirely straightforward or without risks. Exchanges are notorious for bad security and there have been several major incidents of hacking or an exchange 'going bust' with the losses to coin holders in the hundreds of millions. It is not safe to keep coins on any exchange, yet moving between exchanges or from an exchange to your wallet will incur fees.

Furthemore, its not uncommon for exchanges to go offline during periods of high volatility - means should the price of Veritaseum crash you may find yourself unable to trade out of the currency and into a safe haven due to their site crashing.

What's the alternative?

If you plan to trade, rather than buying to hold, we recommend trading with a CFD or forex broker. It may limit your choice of currency, but has considerable advantages:

  • The brokers are established and regulated by financial conduct authorities
  • Brokers regulated in Europe offer deposit protection: if they go bust your deposit will be refunded by the goverment (though not your open trades!)
  • Deposits and trades can be made directly in a currency you are comfortable with - USD, EUR or GBP. No need to calculate multiple exchange rates to know your profit.
  • Forex brokers are accustomed to high volatility and are better prepared for spikes of traffic. In a bear market, you should have a better chance of closing trades and getting your money out before Veritaseum goes to zero

You can see our list of featured trading platforms here

Will the price Veritaseum fall continue to rise?

It's impossible to predict for sure if Veritaseum is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days Veritaseum has risen by 20.51%
  • In the past month it has lost -54.762105974816%
  • In total it has appreciated by $80.1533 since its inception, a change of 263.73%

Can Veritaseum reach, replace, pass or overtake bitcoin?

At present Veritaseum is trading at 0.0138179 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 7,237.0%. If we assume Veritaseum continued to as it has in the last month - with a price change of -54.76% it would take -0.49955225015091 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of VERI is going to take off and increase in price to a higher level we've done the math for you.
In order for Veritaseum to reach $200.00 it needs to increase in price by a factor of 1.55x. Given its present growth rate of -54.76% per month, it could take just 3.1 months to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week2.7%97.2%
1 month17.7%82.2%
3 months29.6%70.3%
6 months35.2%64.7%
1 year39.5%60.4%
2 years42.5%57.4%
3 years43.9%56%
4 years44.7%55.2%
5 years45.2%54.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Veritaseum to reach $300.00 it needs to increase in price by a factor of 2.32x. Given its present growth rate of -54.76% per month, it could take just 6.0 months to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%99.9%
1 month3.7%96.2%
3 months15.1%84.8%
6 months23.3%76.6%
1 year30.4%69.5%
2 years35.9%64.1%
3 years38.4%61.5%
4 years39.9%60%
5 years40.9%59%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Veritaseum to reach $400.00 it needs to increase in price by a factor of 3.10x. Given its present growth rate of -54.76% per month, it could take just 8.0 months to hit a price target of $400 USD

What is the probability of hitting $400.00 over time?

Time periodChance final price > $400Chance final price < $400
1 week0%100%
1 month0.8%99.1%
3 months8.3%91.6%
6 months16.4%83.5%
1 year24.6%75.3%
2 years31.4%68.5%
3 years34.6%65.3%
4 years36.5%63.4%
5 years37.9%62%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Veritaseum to reach $500.00 it needs to increase in price by a factor of 3.87x. Given its present growth rate of -54.76% per month, it could take just 9.6 months to hit a price target of $500 USD

What is the probability of hitting $500.00 over time?

Time periodChance final price > $500Chance final price < $500
1 week0%100%
1 month0.2%99.7%
3 months4.9%95%
6 months12.1%87.8%
1 year20.6%79.3%
2 years28%71.9%
3 years31.7%68.2%
4 years34%65.9%
5 years35.6%64.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Veritaseum to reach $600.00 it needs to increase in price by a factor of 4.65x. Given its present growth rate of -54.76% per month, it could take just 10.9 months to hit a price target of $600 USD

What is the probability of hitting $600.00 over time?

Time periodChance final price > $600Chance final price < $600
1 week0%100%
1 month0%99.9%
3 months3%96.9%
6 months9.2%90.7%
1 year17.6%82.3%
2 years25.5%74.4%
3 years29.5%70.4%
4 years32%67.9%
5 years33.8%66.1%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Veritaseum to reach $700.00 it needs to increase in price by a factor of 5.42x. Given its present growth rate of -54.76% per month, it could take just 12.0 months to hit a price target of $700 USD

What is the probability of hitting $700.00 over time?

Time periodChance final price > $700Chance final price < $700
1 week0%100%
1 month0%99.9%
3 months1.9%98%
6 months7.2%92.7%
1 year15.2%84.7%
2 years23.4%76.5%
3 years27.7%72.2%
4 years30.4%69.5%
5 years32.3%67.6%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Veritaseum to reach $800.00 it needs to increase in price by a factor of 6.20x. Given its present growth rate of -54.76% per month, it could take just 1.1 years to hit a price target of $800 USD

What is the probability of hitting $800.00 over time?

Time periodChance final price > $800Chance final price < $800
1 week0%100%
1 month0%99.9%
3 months1.3%98.6%
6 months5.7%94.2%
1 year13.4%86.5%
2 years21.7%78.2%
3 years26.1%73.8%
4 years29%70.9%
5 years31%68.9%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Veritaseum to reach $900.00 it needs to increase in price by a factor of 6.97x. Given its present growth rate of -54.76% per month, it could take just 1.1 years to hit a price target of $900 USD

What is the probability of hitting $900.00 over time?

Time periodChance final price > $900Chance final price < $900
1 week0%100%
1 month0%99.9%
3 months0.8%99.1%
6 months4.6%95.3%
1 year11.9%88%
2 years20.2%79.7%
3 years24.8%75.1%
4 years27.8%72.1%
5 years29.9%70%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Veritaseum to reach $1,000.00 it needs to increase in price by a factor of 7.75x. Given its present growth rate of -54.76% per month, it could take just 1.2 years to hit a price target of $1000 USD

What is the probability of hitting $1,000.00 over time?

Time periodChance final price > $1000Chance final price < $1000
1 week0%100%
1 month0%99.9%
3 months0.6%99.3%
6 months3.8%96.1%
1 year10.7%89.2%
2 years19%80.9%
3 years23.7%76.2%
4 years26.7%73.2%
5 years28.9%71%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is Veritaseum a good investment? Is it safe to put my money into VERI?

No, it is not a 'good investment' to buy Veritaseum, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Veritaseum as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of VERI - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

Veritaseum Development + Team

There are 1 developers coding the source behind Veritaseum There are no sales or marketing staff on the team which could impede the coin's growth.

Veritaseum publishes bios of all of its team members at their website which can help investors understand the motivations and people behind the project

The team for Veritaseum is lead by Reggie Middleton,

The team is not active on the social media channels, which can be a troubling sign. Their blog is not regularly updated, making it hard to track progress on their work

.

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