Topic: Network Attack on XVG / VERGE - page 51. (Read 29513 times)

i think you are missing the all point here, do you know how a price coin is calculated? The market cap is calculated by multiplying the circulating supply of a cryptocurrency by the coin price. It makes absolutely no sense at all saying that once we reach the market cap limit the price will sink. How can a price sink when you are not injecting more coins into the market therefor making the competition for them higher this is comon sense and basic rule of supply/demand. Every single coin in the market will reach this point except the ones that have infinite supply where i don't see how they can survive in the future when they are litereally flooding the market with billions of coins making the price less competitive, they require a constant flow in of money to buy that supply to keep the price up.

How long will it take if the attack continues and won't get fixed? Theoretically, i doubt this can/should happen.


This is only one of the factors for price. There are other not less important factors as well ....


Actually not necessary. This eventually would apply for a perfect product/project/item/usecase/patent/you name it. Even more at such high max. supply. I mean there is a difference if you have a currency
with 20.000.000 max supply or 50.000.000.000 for example. The lower the max supply the more true your argument of course would be common sense. But as again, price is not only a simple formular by
max. supply or mining hash rate. There is more involved in a price calculation than thinking that every one holding one of the 16,555,000,000 XVG thinks he will get a unce gold in return for a XVG unit.



You miss here that Ripple/XRP has a lot of real partnerships ongoing. I'am not a ripple fan and i think Ripple with such max. supply is overvalued, maybe right now not, but everything over USD 1 for this coin is crazy. But Ripple, if all these partnerships with these banks are real and lasting than they actually have at least a good product that stays behind a given value for its currency, giving it as well some stability, thrust and whatever not the factors for price are. You make a big mistake by thinking real price is the result of 2 factors only, but its not.

And last but not least, XVG is XVG and Ripple is Ripple, i can not see much common things btw. both to compare them anyway.

i think you are missing the all point here, do you know how a price coin is calculated? The market cap is calculated by multiplying the circulating supply of a cryptocurrency by the coin price. It makes absolutely no sense at all saying that once we reach the market cap limit the price will sink. How can a price sink when you are not injecting more coins into the market therefor making the competition for them higher this is comon sense and basic rule of supply/demand. Every single coin in the market will reach this point except the ones that have infinite supply where i don't see how they can survive in the future when they are litereally flooding the market with billions of coins making the price less competitive, they require a constant flow in of money to buy that supply to keep the price up.

you talking nonsense

I'm at a loss for words. If anyone knows an exchange that allows me to short Verge, please PM it to me. I'll love some free money when this shit booms.[/b]

i think you are missing the all point here, do you know how a price coin is calculated? The market cap is calculated by multiplying the circulating supply of a cryptocurrency by the coin price. It makes absolutely no sense at all saying that once we reach the market cap limit the price will sink. How can a price sink when you are not injecting more coins into the market therefor making the competition for them higher this is comon sense and basic rule of supply/demand. Every single coin in the market will reach this point except the ones that have infinite supply where i don't see how they can survive in the future when they are litereally flooding the market with billions of coins making the price less competitive, they require a constant flow in of money to buy that supply to keep the price up.

Dude aren't you tired of embaressing yourself with your questions? where is the private ledger? Public ledger (or blockchain if you don't even know what is a ledger) and Private ledger work both on the same blockchain thats the all point of wraith protocol. Up until wraith protocol was released you could not have both public and private transactions on the same blockchain therefor a coin could only be private or public. Wraith Protocol is a technology that allows the user to seamlessly switch between public and private ledgers on the Verge Blockchain. Users are free to choose which ledger they want to utilize. To break it down, when Wraith Protocol is turned ON — the transaction data is hidden and not visible via the blockchain explorer. In a circumstance where transparency is required, Wraith Protocol would be turned OFF, allowing the transaction data to be viewable on the public ledger. So stop hating when you know 0 about crypto in general you are so dumb that you tough that having wraith procotol would make verge have 2 different blockchains, how is that even possible? Want me to send you 1 verge so you can try it out?

How long will it take if the attack continues and won't get fixed? Theoretically, i doubt this can/should happen.


This is only one of the factors for price. There are other not less important factors as well ....


Actually not necessary. This eventually would apply for a perfect product/project/item/usecase/patent/you name it. Even more at such high max. supply. I mean there is a difference if you have a currency
with 20.000.000 max supply or 50.000.000.000 for example. The lower the max supply the more true your argument of course would be common sense. But as again, price is not only a simple formular by
max. supply or mining hash rate. There is more involved in a price calculation than thinking that every one holding one of the 16,555,000,000 XVG thinks he will get a unce gold in return for a XVG unit.



You miss here that Ripple/XRP has a lot of real partnerships ongoing. I'am not a ripple fan and i think Ripple with such max. supply is overvalued, maybe right now not, but everything over USD 1 for this coin is crazy. But Ripple, if all these partnerships with these banks are real and lasting than they actually have at least a good product that stays behind a given value for its currency, giving it as well some stability, thrust and whatever not the factors for price are. You make a big mistake by thinking real price is the result of 2 factors only, but its not.

And last but not least, XVG is XVG and Ripple is Ripple, i can not see much common things btw. both to compare them anyway.

How is verge private if it can succumb to block chain analysis? Where is the touted private ledger that was meant to be released with wraith? Please explain why optional privacy in verge doesn't ruin privacy whereas it's been known that optional privacy is what makes zcash not private. Still waiting.

How long will it take if the attack continues and won't get fixed? Theoretically, i doubt this can/should happen.


This is only one of the factors for price. There are other not less important factors as well ....


Actually not necessary. This eventually would apply for a perfect product/project/item/usecase/patent/you name it. Even more at such high max. supply. I mean there is a difference if you have a currency
with 20.000.000 max supply or 50.000.000.000 for example. The lower the max supply the more true your argument of course would be common sense. But as again, price is not only a simple formular by
max. supply or mining hash rate. There is more involved in a price calculation than thinking that every one holding one of the 16,555,000,000 XVG thinks he will get a unce gold in return for a XVG unit.



You miss here that Ripple/XRP has a lot of real partnerships ongoing. I'am not a ripple fan and i think Ripple with such max. supply is overvalued, maybe right now not, but everything over USD 1 for this coin is crazy. But Ripple, if all these partnerships with these banks are real and lasting than they actually have at least a good product that stays behind a given value for its currency, giving it as well some stability, thrust and whatever not the factors for price are. You make a big mistake by thinking real price is the result of 2 factors only, but its not.

And last but not least, XVG is XVG and Ripple is Ripple, i can not see much common things btw. both to compare them anyway.

The supply that is left is going to take around 7 to 10 years to be mined still,

Plus if you understand how supply/demand works the more coins are in the market supplied by miners the more buyers you need to have in order to keep the price up

now when you have new buyers but no more coins getting in the price will inflate and not  "down like Titanic" because now people are fighting for a limited number of available coins.

Following your logic Ripple would be down the sink already as they have 3 times more coins in circulation than we do.