How Verge's "partnership" tanked [-25%] - page 2.

Suslived

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Quote from: grimesrhymes on April 18, 2018, 05:52:01 PM

Quote from: Suslived on April 18, 2018, 02:22:12 AM

Quote from: Shnikes101 on April 17, 2018, 08:36:03 PM

Quote from: Suslived on April 17, 2018, 08:30:52 PM

Quote from: European Central Bank on April 17, 2018, 06:56:24 PM

Millions of people still pay for porn, it's still one of the biggest industries in the world. Partnering with a privacy based cryptocurrency makes perfect sense and is a good deal for both XVG and pornhub.

Exactly! This is such a basic principle that i don't understand why people can't make sense of it. Verge did a good job and was at no fault by announcing and trying to hype the partnership. It is exactly what it was advertised and the partnership is real.

Funny thing is that it seems investors suddenly have morals now. Lol.

alani123

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Verge is under fire at the moment. I think even PornHub is trying to hide how bad this partnership truly is now. They changed their logo to something entirely irrelevant...

Funny thing is, that the service when paying with crypto is actually worse. No free week, or any promotion that users would normally get when paying with FIAT. Also no refunds. lol

andrew1carlssin

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#Please, read:Daniel Ellsberg,-The Doomsday *wk

even though ... porn and privacy is a good idea ;-)

boss1dg

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well after any news any coin will get dumped .
but in this case it was too huge . maybe most of users did not like this new partnership and expected something like paypal or amazon .

grimesrhymes

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Quote from: Suslived on April 18, 2018, 02:22:12 AM

Quote from: Shnikes101 on April 17, 2018, 08:36:03 PM

Quote from: Suslived on April 17, 2018, 08:30:52 PM

Quote from: European Central Bank on April 17, 2018, 06:56:24 PM

announcing an 'announcement' never seems to fail to spark an empty pump. it doesn't matter what the news is it's always going to fall once the news is out. in this particular case it's a reasonable cut above the average junk most coins come out with, but it's still a sell the news event.

Good point. If they simply just didn't "announce the announcement" and suddenly popped up with a pornhub partnership one morning it would have been EPIC.

That being said, i believe that the Verge team made a good decision going with pornhub. It's one of the largest websites in the world and has the transaction volume and privacy needs worthy of cryptocurrency. It may take some time before people realize this, but in the end, Verge made a good move with this partnership.

But... Who pays for porn these days Huh

A lot more people than you might think. I can't find it right now but just google some statistics of pornhub. You'll see why there are so many ads on porn websites. Imagine all the perverts in the world who pay for prostitution. It remains a business/occupation because it is profitable. What more with online porn where people want to see these people from the comfort and safety of their homes.

The only problem is that traditional big businesses are run by boards and majority of them will almost always see "porn" as something taboo. Thats why I believe Verge value when down. But in the long run, the right investors will come and pump Verge till it cums.

Announcing it was not something that they could avoid given that they had to crowdfund. IF it was avoidable then we'd surely be looking at threads of people asking if XVG will continue to pump instead of the disappointment.

Millions of people still pay for porn, it's still one of the biggest industries in the world. Partnering with a privacy based cryptocurrency makes perfect sense and is a good deal for both XVG and pornhub.

torrantz

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Quote from: housebtc on April 18, 2018, 08:22:21 AM

What I think about the whole Verge partnership thing is that if the team even announce something like a dark web adoption the price will still tank, alot of people were anticipating the news to start dumping on the market but the news get alot of people disappointed, I think the PR manager of the project did a very bad job here

Very very bad consider about the fact there is no partnership. And this is how verge team called that as partnership, the team paid to promote verge on the porn site through use the banner. What a shame.
Is this how the team called it as a big partnership? Totally crap and worthless. I just waste my time to take it seriously.
Investors are losing hope on it.

Orielres

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Quote from: Xxxurrrad on April 18, 2018, 05:35:42 AM

I think that partnership with Pornhub is good. I think that the price is deliberately dropped, then again there will be a pump.

I agree. The price has already rose a lot. So the drop is quite healthy.

housebtc

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What I think about the whole Verge partnership thing is that if the team even announce something like a dark web adoption the price will still tank, alot of people were anticipating the news to start dumping on the market but the news get alot of people disappointed, I think the PR manager of the project did a very bad job here

Xxxurrrad

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I think that partnership with Pornhub is good. I think that the price is deliberately dropped, then again there will be a pump.

Arvydas77

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It is classical example of buy the rumor and sell the news. Verge was pumped too hard but smart people made nice profit. Just learn from this experience if you bought top. Don't hold it. Sell and go further.

lmoe23

newbie

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Quote from: Shnikes101 on April 17, 2018, 08:36:03 PM

Quote from: Suslived on April 17, 2018, 08:30:52 PM

Quote from: European Central Bank on April 17, 2018, 06:56:24 PM

announcing an 'announcement' never seems to fail to spark an empty pump. it doesn't matter what the news is it's always going to fall once the news is out. in this particular case it's a reasonable cut above the average junk most coins come out with, but it's still a sell the news event.

Good point. If they simply just didn't "announce the announcement" and suddenly popped up with a pornhub partnership one morning it would have been EPIC.

That being said, i believe that the Verge team made a good decision going with pornhub. It's one of the largest websites in the world and has the transaction volume and privacy needs worthy of cryptocurrency. It may take some time before people realize this, but in the end, Verge made a good move with this partnership.

But... Who pays for porn these days Huh

haha good point! Grin

Red-Apple

hero member

Activity: 1470

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it tanked only because it was pumped. it has nothing to do with the partnership,... nobody even cares about that. it is just a random news that was used as a hype to initiate the pump and then eventually every pump ends with a dump like this without an exception and there is no escaping that.

LazyBitInvestor

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Investors were just waiting for some more significant event. And as their expectation was not justified - they dumped XVG.

Suslived

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Quote from: Shnikes101 on April 17, 2018, 08:36:03 PM

Quote from: Suslived on April 17, 2018, 08:30:52 PM

Quote from: European Central Bank on April 17, 2018, 06:56:24 PM

announcing an 'announcement' never seems to fail to spark an empty pump. it doesn't matter what the news is it's always going to fall once the news is out. in this particular case it's a reasonable cut above the average junk most coins come out with, but it's still a sell the news event.

Good point. If they simply just didn't "announce the announcement" and suddenly popped up with a pornhub partnership one morning it would have been EPIC.

That being said, i believe that the Verge team made a good decision going with pornhub. It's one of the largest websites in the world and has the transaction volume and privacy needs worthy of cryptocurrency. It may take some time before people realize this, but in the end, Verge made a good move with this partnership.

But... Who pays for porn these days Huh

A lot more people than you might think. I can't find it right now but just google some statistics of pornhub. You'll see why there are so many ads on porn websites. Imagine all the perverts in the world who pay for prostitution. It remains a business/occupation because it is profitable. What more with online porn where people want to see these people from the comfort and safety of their homes.

The only problem is that traditional big businesses are run by boards and majority of them will almost always see "porn" as something taboo. Thats why I believe Verge value when down. But in the long run, the right investors will come and pump Verge till it cums.

mundang

hero member

Activity: 1008

Merit: 500

They want cheap xvg to use on the site and also it may increase the number of new users that do not have credit card on pornhub. I need to buy xvg from now own.

Juulke

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Quote from: supremnoob on April 18, 2018, 02:08:53 AM

Will recover for another bull-run to 1500 satoshi. In just 48 hours.

I hope your are right. I still hold my Verge but looking back I better sold and bought in again now.

supremnoob

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Bored....

Will recover for another bull-run to 1500 satoshi. In just 48 hours.

btctuxedo

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The price keeps going down despite being on the top 10 for Trending Cryptocurrencies over the last 24 hours on Twitter as published on http://beta.adfunnel.tech/

I would say it's time to buy some XVG and HODL for the next few months

DogTheHunter

sr. member

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Pornhub is a very big partner with 2-3 billion followers. But the fall did not make much sense either.

Lecsor

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Partner had Verge literally. Rather, investors realized that investing in a coin with such a partner is not serious. Until they reconsider their actions and something does not begin to correct the fall will continue.

Topic: How Verge's "partnership" tanked [-25%] - page 2. (Read 629 times)