Topic: Verge potential or scam coin? (Read 876 times)

Verge is a cryptocurrency which focuses on total anonymity and privacy for its users. Verge is virtually untraceable and the users of Verge can make instant anonymous transactions. Verge is a 100% open source project and the XVG Community has full input and inclusion in all decisions made in regard to new feature implementations.

Verge is one of the cryptocurrencies with least fluctuations as compared to the ones up the ranking order. XVG has the potential to grow in the future. Currently, Verge is trading at $0.006. The current xvg to btc exchange will give 0.000002 BTC. One can exchange xvg to btc at leading exchanges like Coinswitch, Binance etc.

No idea why XVG got to be as popular as it did. Lot of newcomers to crypto who don't know nothing about nothing. XVG is a cobbled-together coin built by someone who doesn't know how proper privacy should be done.

If you are looking for privacy coins, Verge has what it takes to give you the best results in all your transactions. The network uses 12P technology to ensure all your transaction connections are anonymous. The combination of wraith and Tor produces a secret address and only the right recipient can access funds at Verge.

xvg doesnt need to exit scam. they just pay pornhub to accept xvg.Verge coin being 51% attacked the third time was doing the rounds on Reddit that got ruled out as being a FUD.But I think it is still very expensive to buy. But their agreement with the adult industry have to be respected. i hope the holders sold their coins last year as it was the good year for xvg

Shield (XSH) was in the this news because Verge took some of the Shield code to help with the attack that happened a day or two ago.  I invested in Shield and got out of Verge for many reasons and I bought it very early. 

Verge coin being 51% attacked the third time was doing the rounds on Reddit that got ruled out as being a FUD. Today, Verge rose in tandem with the crypto market as it registered flecks of green while being officially accepted as the only crypto as a payment by an e-commerce site. Moreover, Verge is hosting its first ever meetup in Amsterdam on June 9.

https://coingape.com/verge-coin-hack-fud-green-myfitstuff-announcement/

Exactly. I for one am a verge convert. I used to doubt the legitimacy of the project and was actually worried when they started moving funds. But in the, we have to look at the big picutre and see that they really did a good business move. Forget about the company name or what they do (porn industry) and imagine this was a partnership with a consumer goods industry. It is undoubtedly a big and solid move to partner with a group of companies with this much exposure.

Verge as a cryptocurrency is now poised to be actually used in the real world. That should be well worth than what it's value is right now.
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I can agree that is was a good business move, but the way they portrayed it was very different, and you want to talk about transparency, then you should be super worried about Verge. We now only have to take their word for it that they needed all those millions to BUY a partnership (last time I checked, partnerships were win win), and with the funds moving to Binance, the community is rightly pissed that they tried to hide that expense under Pornhub.

Too shady, too unclear. It's not about porn. It's about Verge's way of dealing with things.

Nah man this wasn't a scam

It is not scam. But I think it is still very expensive to buy. But their agreement with the adult industry have to be respected. Verge coin increase the use of blockchain in daily life activities. Banks and credit cards cannot provide you the privacy you need for the adult industry. But Verge coin can provide.

as I said it not scam but the shit project
when I first bough it and RDD on bittrex just because it's the cheapest in market that time. their team dont do anything for few year after listed on bittrex I though this would be de-list soon too. lol
and as i can see they still make nice money with some trick and paid promotion so why they need to scam you?
they have nothing to lose just pay some small buck but got return millions $$$
so you will see this happen again and again with VXG

To me this coin seemed very promising. But the latest news a little upset me. Now I'm not ready to invest large sums in this coin. There are many negative rumors around this coin.

its not scam but after mc afee incident it was more on pump and dump coin, i hope the holders sold their coins last year as it was the good year for xvg

i know some of you invested heavy on verge so you don't want to say bad things but i see it as a hype too. i think it won't rise in long term. it's already overpriced. i don't blame you because you hold too much coins but there is a reality over here.

A coin being hyped has a good team of marketers and advertisers that have the capability to brainwash people into believing in their project and invest in it. We can't blame those guys that are willing to be scammed as they were hoping to hit the jackpot with Verge. Look, its current market value is only around 7 cents, with more development (truth or lies) and a good amount of supporters keep coming in, this will make a big difference in regards to price outcome. Either way, it currently sits at #23 and even there is this negative news popping out from left to right, it will still be legit until the devs decided to pull out the project.

Can you give a reliable source about that? i meant about the mysterious partnership of verge. So many people are believing about verge just pay to promote. Those people are screaming about this partnership is overrated and overhyped *lol

Some of guys in this thread say "verge pays pornhub for add xvg to payments method, its not partnership" but verge partnership isnot a pornhub lol, This "mysterious" partner is  big company MindGeek, giant in porn industry and owners of the one of biggest proccesor payments which is used by several hundred companies (maybe in future they add verge to payment proccesors like this idk).
Added verge to payments method to pornhub is not partnership, this is effect of partnerships with mindgeek, like a brazzers and nataku.
I hoped it would be more serious  this "Big" partnership, but maybe in neaar future verge and mindgeek implement something new
Btw mindgeek has a 115 mln ( daily visitors on their all sites, so maybe this attract new people do  cryptowolrd or maybe to verge, 115mln daily visitors is huge amount of people, some of these people for sure meet verge

Generally, I was a little disappointed in that verge though "BIG" partnerships just make a liitle step do adoption do real use of this coin
But! TokenPay in my opinion is more perspective verge partner, I wait for moment when guys from tokenpay with german bank give us a
will encourage more people to crypto. And tpay  building anonymous decentralized exchange in TOR network, basic cryptocurrencie will be verge , trading pair like xvg/btc xvg/eth etc - this will be  increase trading volume verge:)

Verge is not a scam,I noticed that usually write a ..... monero fans. It's just beginning verge of becoming a great privacy coin with many adaptations in various field. The behavior of most monero fans indicates that they are afraid that will be  monero replaced by a verge in future

I can agree that is was a good business move, but the way they portrayed it was very different, and you want to talk about transparency, then you should be super worried about Verge. We now only have to take their word for it that they needed all those millions to BUY a partnership (last time I checked, partnerships were win win), and with the funds moving to Binance, the community is rightly pissed that they tried to hide that expense under Pornhub.

Too shady, too unclear. It's not about porn. It's about Verge's way of dealing with things.

its a gamble and riding hype wave

Hard to say. The charges look truthful, but I would not be surprised if, in spite of everything, the price will continue its growth after another partnership.

I do not think that the pornhub news for Verge will lead to a positive effect. Verge was a promising proj- ect, but this news fell on the market like a bomb. A news that many investors can also move away at the same time

It was a coin that has long been popular and loved by many. But they made a huge mistake with their recent partnership agreement and now there will not be too many people to support this coin
Pornhub kill the Verge

I don't know whether Verge is potential or not, because there are a lot of better privacy coin other than Verge. But one thing for sure that Verge is not scam. They just announce partnership with PornHub. Even though its a bit controversial, but PornHub is not a joke in their own industry.

xvg doesnt need to exit scam. they just pay pornhub to accept xvg... they didnt even contacvt ledger, they kept the rest of the money
why exit scam when u can do even more later.... lol
let it drop hard then they buy at bottom after another month they will pump it again. that's easy money at all

Exactly. I for one am a verge convert. I used to doubt the legitimacy of the project and was actually worried when they started moving funds. But in the, we have to look at the big picutre and see that they really did a good business move. Forget about the company name or what they do (porn industry) and imagine this was a partnership with a consumer goods industry. It is undoubtedly a big and solid move to partner with a group of companies with this much exposure.

Verge as a cryptocurrency is now poised to be actually used in the real world. That should be well worth than what it's value is right now.

Yesterday the pornhub had grown very well because of dab. But it is interesting today that it falls too far. I can not make sense.

pump and dump coin for me. i'm lucky i've sell my few coins of verge.

I think Verge is a huge scam since their project is just created to be hyped and anyone knows that a hyped altcoin is just a 60/40 scam right? So basically this Blockchain is not a potential or worth investing to

Blockchain is a technology that needs to improve alot in order to be useful in this world, you know scaling etcetc. So needless to say that the developers are probably the most vital part of the project.


Here is a list of their lead developer's achievements.

http://www.sheriffleefl.org/how_do_i/learn_more_about/arrest_search/index.php?view=bookingsList&surName=valo&givenName=justin&middleName=&birthDate=&permId=&bookingNumber=&bookingRange=&releaseRange=&inCustody=


I really can't figure out why would anybody buy this, but on the other hand there where people who where "buying the dip" when bcc plunged so nothing in this market surprises me anymore.

Looking its platform and Verge size in the market I don't really think that it goes into scam coin. All the bad news we read and heard about this coins are totally FAKE, people doing such thing is just trying to destroy Verge but I know investors won't be affected and lifted their trust on this coin.

Xvg now looks like a pump and dump coin currently. No really growth or movement.

Verge just got a deal with MindGeek, aka the billion dollar company that owns most porn industry, websites, studios, etc. Maybe you can enlighten us with a better way to promote the coin? Last time I checked sex sells.

They drive around LA with half naked women to promote the coin. If its not a scam its a very poor technological platform at the very best

The volume on Binance is huge today! 73,259.35 BTC  What a 75M coins raised by donations can do!

Not to mention the scams on their Twitter account! They probably represent 90% of the likes and comments if not even more. It's like scam takeover there lol.

This is madness. And it all looks so incredible fake.

I'm not convinced by this fiasco.

Currently it continues falling to $0.08. Nothing can be expected from this jokes coins, as seen all who hold XVG panic selling they asset. When many other coins try to recovery this getting bleeding alone.

Complete joke of a coin

If Verge was in 5-30 million mcap range, I wouldn't have a problem with it.  That's generally where projects like that exist which have been around for a bit but don't offer much and pose a lot of red flags.  But at 1 billion + mcap it's absurd and I can't believe people keep throwing money at it.

the case when he went to see whether the pornhub actually started to take the Verge and lost about an hour of time.

agree, that isnt parnership .. thats just them accepting xvg cause xvg paid them to
this just like a deal and both win win for them. this isnt gonna land them in top 3 cmc with 25b more into their market cap lol
they paid porn hub to accept it... it was bribed

better than that dude but there don't have any partnership in fact 
haha I already know this


the news is PORNHUB accepts XVG
but NOTE this is not partnership! If you can understand what's partnership meaning

What the jock jock! this's big partnership haha.
My kids can own 3 of this booths on the road and maybe we will another big parnership with Verge too

Verge is a scam.
Make your researches.
The only true anonymous coin is Monero.

in few more hours we will see the big announce from them 
last time they announced wraith finally released... nothing happened
they said "oh it was already priced in is why"
exept verge is planning to make top 3 cmc tmw... gonna be biggest seat taking jump  in coin history
cant wait
btw, it past $0.101446 USD (16.86%) 

I will not now draw any conclusions about the fact that Verge is a scum. I want to give developers a chance to prove otherwise.

I don't see any reason verge will be around in 1 year. It's a bad project, and full of a bunch of the same people that bought into bitconnect.

if ledger CTO denying such claim then why DEV team lying to investors and holders !!
after that 51% attack they lost credibility , now this .
not at all good , there should be transparency .

I don't think that verge has a potential, This is just a pump and dump coin, Their aim is to get profit from new traders that who don't know the flow of cryptocurrencies market, I remember that when I buy verge to its peak price and I don't know that the price is the highest,suddenly the price dramatically drops I just regret that.

Verge isn't pulling an exit scam. if that was their goal there are way better ways of doing it than what's been going on.  They moved the donation funds into Binance to trade to fiat to pay for the upcoming costs.  I dont hold any verge.  Lets see who the big partner is

Verge was always a pump and dump scheme coin, these types of coin are just for time being profits and not for long term investment.
I am happy that users are now getting aware of it's reality.
XVG don't have much potential to keep moving in the list of top ranked altcoins, there are variety of underrated alts having more exciting background and more potential to grow but unfortunately they are still being ignored on many of the exchanges.

i think it is not the scam, but its wallets maybe hacked so it will have a great damage to holders of the verge. the team of verge tried to prevent hackers to reach the coins but it seems hackers could reach some wallets. but in next month it can raise again. but for now, i do not predicate any raising.

had some coins before its  all time high, and i am not regretting that i sold it  over 20 cents.. verge dev is still active but i think its a pump and dump coin now

It's looks like Verge don't have good future as for now, developers not trustworthy and coin often use for Pump and dump scheme

I hate this shillers coin. Verge is a shitcoin. Developers are incompetent and their only aim is to shill on social media by announcing fake partnerships and hype creating news. Newbies always lose money buying this coin at a high price.

Well after seeing so many red flags like saying theyre paying ledger whilst ledger says theyre not affiliated feels funny. There were many more things in past that scream no. In the end it is your choice guys.

lol how easy to fuck hackers in these case? And yes, this is hyped and event scam coin like bitconnect still bring some people huge profit. but some other lost everything they have. be smart

word from ledger about "payment" from verge

And:

some news told that XVG hacked by some hackers, it's raising was good but after this news (hacking) i think it will fall more, so wait to buy at low prices it is very expensive now.

Verge is an altcoin with great potential and now it is growing stronger than the market as a whole.

The funny thing with Verge is despite all these accusations (which I feel are true), the price keeps pumping after going down. Now I see it is back above 1k sats. This is the second round I make profit from Verge, even entering it late, I am definitely not a holder but I do not mind buying it to sell. Definitely a pump coin that is useful for profits. McAfee did his job well, Verge devs must be so pleased. Next entry here is below 500 again.

There are so many bad things being thrown to Verge in the past weeks. One information that I read is that a certain individual (who is a well-known miner with huge followers in Twitter) pointed out that after discovering the error code, he approached the devs of the said coin and these devs were just like "Huh? There's no problem with the code. We already fixed it" even though they've done nothing to actually fix the problem. This certain individual then announced it here in the forum to raise awareness to other people regarding the problem and that action was taken by the devs as a form of attack and denied all of it.

Considering all the things that happened, I must say that anyone should avoid this coin. Those red flags are so important that you just can't ignore it. I just can't believe that this coin is still being traded in different exchanges with huge volume.

Exactly. You all know it, there is just no way anyone could ever justify such a move. First of all, it's already tough to justify any sort of fundraising in crypto when you've got the strongest blockchain project Bitcoin never asking for a single cent. But to announce a partnership? Did this coin forget that it was supposed to be a privacy and anonymity focused coin or did it realize that its supporters actually don't care much past the hype?

Holy shit. Feels like the devs wanna quit with this coin. Let's hope that this is only fud or they wanna just get some funds for scaling the project.

Notsofast said its no more an instrument for smart money to collect money from newbies. SO yeah I'd skip this one def

I still think the Verge announcement is gonna be a "scam" (e.g. false hype that doesn't live up to the expectations that they were selling to investors/donors). I'm playing it save and gonna sell my purely speculative trading-stake in XVG now.

Verge is a shady coin that is a huge risk to invest in. Only good for pump and dump if you know what is happening with verge. Transferring funds that they shouldn't, a 51% attack, i don't know why people are still investing when there are far better privacy coins to look at

The announcement also sounds very dodgy. I've already cashed out my purely speculative day-trading stake in XVG and have moved it to better projects out there.

It was promising coin, but after devs reaction about the 51% attack... I dump it.

The coin suffered from 51% attack due code error and devs was like - "nothing happens"

I still have confidence in the Verge coin, it is very surprising why many people talk about Verge coin as a negative coin, which I know Verge has great potential to make the price higher
https://coinmarketcap.com/currencies/verge/#charts

We will have a good idea on April 17 with this famous BIG ad !!

But we can already say that XVG is a coin that makes a lot of talk :-)

Nice catch man.
Agreed, for me Verge really shit. Their github code page don't have any action for few year and they only do some update when the crypto market BOOM and spoken many lied info.
About laws in each country like with bitgrail, I think there in Italy,  all the us people couldn't go after them
even if Italy people did and won,  doubt they share that with USA
I think the world should sign a global law to allow court cases to work globally for only coin related frauds
so if class action started in Italy, coin victims can join
now with verge and tron going round publicly scamming
is there any power or thing anyone can do to report them? investigate them etc. feels like nothing
nobody even knows who bitconnect is lol let alone where live

I think there is reasonable concern in the way that the dev moved over $1 million dollars to ledger, apparently. And the fact that Ledger didn't know what this was all about was pretty alarming.  So yeah, I would definitely stay away from XVG for now if I were you.

I don't think this is a good long term coin to hold, anyways.

Verge is overhyped, overbought, and a pump and dump coin in my opinion. There is simply no sustainable coin that will go up by this much and still be viable in the long term. So scam or not by the devs, I wouldn't put a single cent to it. Most people buying XVG are newbies that don't know what they're doing. If you're looking for a privacy coin, I'd suggest Monero that isn't hyped up beyond what it really is worth.

scam ? i do not dare to say it directly,but they did a few 'shady' thing such as 'that' donation.
also recent problem with their system as you can see it here;
https://bitcointalksearch.org/topic/network-attack-on-xvg-verge-3256693
truth to be told it was a promising project in my opinion,but this things happened and changed my view regarding their project.
it's shame to see it become like this.

It is hyped coin and hyped coins are similar to scam coins but the difference is that people are willing to be scammed. Verge is so scam for me.

potential or not
short term this coin has been uptrending and there is some chance to scrap some profit
chart cant lie https://www.coingecko.com/en/coins/verge

There are many ways to push prices in the crypto world, so it's no surprise. Just as we need to learn more and more carefully to protect our assets. Thank you for this information

It may have potential but the fact that they were asking for money to announce a partnership seemed hella fishy and I can't get involved with a coin that makes such requests.

The blockchain world has an absolute anonymity feature so that bad news can take advantage of it is obvious and easy to understand. Also, do not investigate where they put their money away because that is useless

Today I found this on Reddit
https://www.reddit.com/r/CryptoCurrency/comments/8c3oli/massive_red_flag_vergedev_the_money_moved_is_to/

Verge says they had to move some that scam money they got to ledger for integration
I mean someone asked ledger if true
ledger said who???
verge doesn't care for all shit talk cause there too busy getting money from scams unfortunately
same goes for some other HYPE coin too but I don't want name it here.
laws in your country where ever you are still apply if you fraud, but only citizens of that country can go after them unless the frauds also have assets in your country