Guys,
Honestly does anyone do any research?
XVG has legit claims to position itself as a true micro transaction privacy coin, which is more than can be said for many of the other so called privacy coins out there. Outside of Monero, I dont know any other coin out there that can fall into the category of XVG with it's high supply. From a utility perspective, support for TOR and I2P distinguish it from the others, and while there is always risk in supporting a little known dev team, the potential for the protocol would be a significant early mover advantage for the team if they can pull it off.
If someone was smart, they would glom up the team, re-assert the vision and push for Wraith and position XVG as the privacy version of XRP... It would be very controversial, but with the right guidance, the team can thrive.
There is alot of regurgitating other people opinions while speaking emphatically out of ones ass around here.. And whenever there is outright FUD pointed at a coin for the purposes of market manipulation, it means the someone smart sees something, and is looking to take a serious position.
The bottom line is that if you invest in XVG, then you are investing in the IDEA of large scale, true private micro transaction tech. If you believe it will be around in a year, then buy it, if not, then dump it.
Someone will glom it up.
Dont get played, dont be sheep. Be your own man/woman and sack up.
Are you SURE you did your own research? Wraith was meant to be released in SEPTEMBER then hurriane irma happened and wraith was "Delayed" for 1 week. 1 Week later, radio silence.
Couple months later we get a big count down clock to the release of wraith.
WRAITH IS COMING!
Countdown gets to zero, radio silence. What happened?
Its only developer (Yes it only has one) was asleep for it then denied he had anything to do with it (Despite previous conversations saying he knew about it).
Fastforward to Christmas eve. Supposedly there was a post by the Verge "Team" saying its coming out christmas day and that it has begun uploading wraith to github.
Christmas day arrives, radio silence (Sound familiar?) (Apparently this was fake).
Fastforward present day there was a post on reddit (yesterday?) saying wraith is on track for 2017 still!
3 Days now remain to release something that is apparently already completed but was delayed again to make the UI "Better" (According to pyjama boy-XVG Whale).
If you didn't know any of this then you either haven't done your own research or haven't been in the scene since september to see this shit storm growing.