The massive FUD campaign against VEN? Allow me to explain. In a nutshell, VEN makes almost everything else look bad. This coin has received an enormous amount of attention very suddenly, and upon casual examination it seems to have everything:
-A working product already deployed -Use cases in industries perfectly suited for blockchain adoption -A massive network of government and industry contacts -Confirmed partnerships with industry giants -Investment and direct advisory by well respected venture capitalists, who are also connected to industry and government -Proof of Stake, which promises the passive generation of wealth for token holders, independent of market speculation.
So why the FUD? Why do people want this coin to fail? Isn't blockchain adoption a GOOD thing? Not to them. You see, they hold actual shitcoins who's only value is as a speculative asset. The coins they want to hold do nothing, have no use cases, have no adoption, and are unconnected to any real world industry or government entity. They hold bags of shit. When VEN succeeds, it means that suddenly the standards on what is acceptable in this market will shift. People will compare shitcoins against the new gold standard, and when they find the shitcoin wanting, they will move on to something else that more closely resembles what a winner looks like in 2018. VEN pushes the standards sky high. So of course, the type of people who want to get rich off of scam icos, third world garbage, memecoins, and worthless no-use-case minables hate it. They hate it. Because it's the future. The future has no place for shitcoins.
The future is in utility. Logistics, fintech, platforms.
Blockchain is maturing. It's a good thing for everybody who wants to invest intelligently. It's a bad thing for those who thrive on manipulation and blind luck. Enjoy the FUD. It is merely the dying breath of shitcoins everywhere, and the frantic screaming of their bagholders as they go down with the ship
PineappleExpress
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@ozgurkahramaan, well...
There is also marketing.
If another coin is better in marketing, then the technical features just don't matter.
19goldenboy83
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@KrisConnects, it does on the long term...
Grizzlies_crypto
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@ozgurkahramaan, amazing reply, I hold a large bag and everyone trying to FUD this coin so much.
akuczera
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@ozgurkahramaan, perfect explained! It hit me 5 days ago how good this company/coin is. Better late than never.