VeChain

Recently I sent some VET to my Eth adress. Is there any way to access my VET on that adress as they don't show up or are they gone forever?

Now we do a lot of guesssing and making the price out of thin air.

So, guys, I'd like to share my thoughts about VTHO price.

And explain that through FUNDAMENTAL factors.

So, what we have got from the start.

Yearly VTHO production:

86 712 634 466 VET * 0,000432 * 365 = 13 672 848 202 VTHO generated yearly

Now, the hard part.

As stated in VeChain Whitepaper:

"To sum up, the VeChain Foundation has obtained initial funds through ICO activities, and will

take about 4 years to achieve the following:

Growth of the VeChain Foundation. This includes headcount increasing to between 100

and 150 for both technical and business development, and business growth of 20 billion USD as

“VeChain GDP” running on VeChainThor Blockchain"

So, I assume, the overall VTHO burned in 4 years from now will be this amount - 20 billion USD yearly. Am I right here? How do you think of "GDP" figure? If I do, then the price of VTHO is

1 VTHO = 20 000 000 000 USD / (13 672 848 202 VTHO * 1.3 ) = 1,12519 $

1,3 coefficient because as we know authority nodes keep 30% back

So in 4 years 1 VTHO = 1,12519 $

Where am I wrong?

Please keep the discussion serious. Thank you.

I have an honest question that I simply don't understand the answer to?

Sure, I am a VeChain maximalist so "To a hammer everything looks like a nail", i.e.: I see VeChain everywhere I look (reddit, twitter, google, web sites) as I am so deeply involved in the project. Yet, I wonder is that the same case with TRON holders? or Eth holders? or IOTA holders? etc...

To me the writing is on the wall, VeChain is the ONLY legitimate crypto in the entire space, yes the ONLY one. Yet right now we are only holding about 0.5% of market dominance. So I really wonder, what do the rest of the crypto holders think? I mean, this reddit is the 3rd most popular crypto reddit, so that's evidence that there is a large community behind VeChain and it is NOT a secret as many in the space are fully aware that VeChain is very legitimate investment and its huge potential; yet if you look at our market cap (0.5%) and price (0.014c) we are "just another coin". Am I missing something?

TL;DR, pricewise and total market domination we are just another coin, but as far as community and total holders (32k+) we are very large and very active, so the two simply don't match up...!

Odd..... what's your thoughts?

I took a look a the recent activity on the network, and the average VTHO spent per clause (aka transaction) is about 32.5. That’s quite a bit higher than the minimum possible, but reflects the higher cost of writing data to the chain than just moving VET around.

The total amount of VTHO generated per day on the network is 37,459,858 (from the white paper). With an average tx cost of 32.5 VTHO, the current generation rate can supply enough VTHO for about 1,150,000 tx/day, 133 tx/block or 13 tps.

Interestingly, this corresponds to Ethereum’s real-world max capacity of about 14tps. https://etherscan.io/chart/tx

I realize that 1M transactions per day is not going to happen tomorrow. When it does happen (or sometime before) the foundation will be forced to increase the generation rate and VET will become intrinsicly more valuable instantly. This won’t happen by surprise, speculators will be pricing in the valuation bump as they watch the VTHO burn rate approach the total generation rate.

I have no idea when this will happen, but it will probably be a major FOMO event when it does.

Edit: I forgot to account for the 30% that stays in circulation. By my calculations you'd have to spend roughly 53.5M VTHO per day to exhaust all the tokens generated. Using that number we're looking at more like 1.6M transactions to consume all the VTHO.