So I keep reading so much good stuff and so much bad stuff about verge with cypto it is really hard to figure out what is the truth because almost everyone has an ulterior motive what does someone HONESTLY think about verge is it a good coin to hold or is it a shitcoin? Are these people talking shit about verge just talking to talk bullshit?? What is the real story here???
About the future price:
Given the Verge coin count of 14.3 billion:
- at 0.00001000 BTC (1000 satoshi) , XVG would currently have a market cap of 2.3 billion $, which would make it the #16 cryptocurrency.
- at 1$, XVG would have a market cap of 14.3 billion $, which would currently make it the #6 cryptocurrency, just after LTC.
- at $1000... well, that would be nonsense.
Personally, I think Verge is a great cryptocurrency that would definitely deserve a #16 ranking (so: 1000 satoshis or about x15 from where we are today).
Once people realize that an open ledger (the blockchain) means 'no privacy', they will start looking for privacy-oriented coins like Verge. And it does a great job at that.
Behind the scenes a lot of development is going on, making it an even better coin in the future.
Don't believe the FUD (fear, uncertainty & doubt) and always DYOR (do your own research).
@adamantasaurus, let me just repeat what I said when Verge was still 67 sats: 1000 sats is a perfect price for Verge at this moment in time. Everyone seems to forget that it did a X15 in three weeks which is incredible.
Obviously, its been overhyped (pushing the price to almost 2000), it created a lot of bagholders (sorry, but buying after a X15, you took a great risk) and we've seen a lot of FUD (people wanting to buy cheap).
But all of this does not change the big picture at all.
In contrast to many other coins, Verge is actually being developed on, by people actually focusing on the tech, quality, privacy, usability instead of just pumping the price.
The main developer is on Twitter, Discord, he replies in Github repo's and he even sent me a direct message recently. I wonder if he ever sleeps.
Wraith was delivered as promised (who cares about a few hours, they're volunteers, they found a bug and fixed it, well done).
Sure, bugs will be found (I always doubted the radio & chat for an anonymous currency) but they were fixed (chat, radio removed) and I'm sure other bugs will be fixed in the future.
This coin rightfully moved to a higher league the past month. Just let it settle down a bit and grow from here.
With the whole altcoin market growing, crypto privacy getting a bigger issue every day and XVG being actively worked on, we will see a new All Time High soon.
That day, literally no one will be at a $XVG loss. Except for the ones who sold too early.