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Topic: [$XVG] VERGE [POW][MultiAlgo][TOR/i2P][no premine/ico!] - page 25. (Read 843831 times)

legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
Coin is old.   no instamine.   

newbie posting just to put your nick out there for advertisement with no idea about the topic is what it looks like to me.

    Poor way to advertise your own site.

Just because it's old doesn't mean that there was no instamine. Something like 80% of the total coin supply was emitted in the first three months when it was a generic scrypt clone called dogecoindark (I believe competing with another clone also called dogecoindark). Look at the difficulty of the first 10k blocks, there was no one mining - that's basically the definition of an instamine. Not so blatant as xcoin/darkcoin/dash, but probably more effective in the end.
They claim that there was no PRE-MINE, that is minting a large amount of coins in the initial blocks.

That's true.

They also claim that the current team have bought their coins in the market.

That also may be true. So, someone did the instamine, then sold them the results.

Is very hard to know the full story behind the project, especially if you not followed closely and is already running two or three years.

I stopped to follow Verge about 6 months ago when the crash on the crypto market was in full swing. I have to admit that now is hard to grasp what happened in the last 6 months. There is no source to gain such a information easily.

Would be great to build such a tool for each cryptocurrency or token, where you will be able to find all the detailed information, announcements, updates and many more. With dates and full descriptions of what exactly happened. I think people will easily pay a lot $ for such a service.
newbie
Activity: 28
Merit: 0
Coin is old.   no instamine.   

newbie posting just to put your nick out there for advertisement with no idea about the topic is what it looks like to me.

    Poor way to advertise your own site.

Just because it's old doesn't mean that there was no instamine. Something like 80% of the total coin supply was emitted in the first three months when it was a generic scrypt clone called dogecoindark (I believe competing with another clone also called dogecoindark). Look at the difficulty of the first 10k blocks, there was no one mining - that's basically the definition of an instamine. Not so blatant as xcoin/darkcoin/dash, but probably more effective in the end.
They claim that there was no PRE-MINE, that is minting a large amount of coins in the initial blocks.

That's true.

They also claim that the current team have bought their coins in the market.

That also may be true. So, someone did the instamine, then sold them the results.
legendary
Activity: 3164
Merit: 1116
Coin is old.   no instamine.   

newbie posting just to put your nick out there for advertisement with no idea about the topic is what it looks like to me.

    Poor way to advertise your own site.

Just because it's old doesn't mean that there was no instamine. Something like 80% of the total coin supply was emitted in the first three months when it was a generic scrypt clone called dogecoindark (I believe competing with another clone also called dogecoindark). Look at the difficulty of the first 10k blocks, there was no one mining - that's basically the definition of an instamine. Not so blatant as xcoin/darkcoin/dash, but probably more effective in the end.

Difficulty of block 100 was 0.0002:
https://verge-blockchain.info/block/0000055015da34f2127c1122a8b8cf82e23e599ac109a56f5d5016fa8b8f8acd

Difficulty of block 1000 was 97:
https://verge-blockchain.info/block/0000000001b5809284949abb8be7e0e0d1d5de9d2be00585bc41de5573c1670a

Difficulty of block 10000 was 15:
https://verge-blockchain.info/block/00000000067648d2b616907a34a6fedd861db15868027e0b4c5dd83a0a9f74bb

Difficulty of block 100000 was 32:
https://verge-blockchain.info/block/00000000067648d2b616907a34a6fedd861db15868027e0b4c5dd83a0a9f74bb


During the same time period, Oct 2014 to Jan 2015, the difficulty of litecoin was 40000-50000, which about 5x of that difference is due to the difference in block time, I think doged was 30 s and ltc is 150 s, but that still makes about 1000-5000x more hashrate on the litecoin network at that time, so maybe a few ASICs were the entirety of the doged network, maybe 10 or 20 at the most.

Bottom line, there was basically no one mining dogecoindark when the vast majority of all the coins that will ever exist were created.
full member
Activity: 448
Merit: 100
Yup coin is old. Establish community. Applications revealed. Softwares upgrades. More innovations coming in. More exchanges adopting this coin on their list. Verge, truly is the most promising coin of 2018.
hero member
Activity: 1176
Merit: 501
Coin is old.   no instamine.   

newbie posting just to put your nick out there for advertisement with no idea about the topic is what it looks like to me.

    Poor way to advertise your own site.
newbie
Activity: 28
Merit: 0
Is it just another instamine scam?

Boring Sad
member
Activity: 445
Merit: 39
Development Update on Verge #3



There are three things that we would like to cover in this development update:

-Outcome of the Twitter poll
-Technical storage of wallet keys
-Further insights into the current development

https://medium.com/vergecurrency/development-update-on-verge-3-afb75e205ced
member
Activity: 294
Merit: 15
It's good to see XVG still sideway under $0,03.
I wish all the best for the project to surpass its hardest time (almost hardest).
I gonna HODL my xvg as tight as possible, as long as possible, might be years because it will strongly bounce back as I can smell the whale just keep dumping to buy as many as possible
newbie
Activity: 112
Merit: 0
I was very interested in your project. What can you tell us about the verge social network? When do you start?
member
Activity: 324
Merit: 79
Verge Insider @VergeInsider Aug 16


vergecurrency and NetCents

NEWS:

Taking payment processing for merchants to the next level… NetCents, the transactional hub for all cryptocurrency payments, just announced that they will add #Verge to their Merchant Gateway.

#XVG #Crypto #Cryptocurrency #Business #Tech
member
Activity: 324
Merit: 79
Quote
Swen van Zanten @SwenVanZanten on Twitter Aug 10









So I've actually added the #vergeArtwork splashes to the desktop wallet 💯 Looking good @EngardeMedia @sturdycookie @KillerReich !! 🙏 #vergeFam $xvg @vergecurrency #vergeDevelopment

Looking good indeed! keep it going guys ... Smiley
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
How is this still a thing? Don't people know the chain has been infiltrated AT LEAST 3x and the developer is an insidious liar?

If you realize that a significant number of messages are wishful bag holders, and people repeating the same two phrases, "whales buying" and "cheap coins", no, this is not "still a thing" and won't be unless for a miracle.

Verge is doing fine and moving forward. It's the whole market I'm concerned with. Do some research before predicting in the future.
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
How is this still a thing? Don't people know the chain has been infiltrated AT LEAST 3x and the developer is an insidious liar?

Stop talking about yourself, it isn't polite...
newbie
Activity: 9
Merit: 0
How is this still a thing? Don't people know the chain has been infiltrated AT LEAST 3x and the developer is an insidious liar?

If you realize that a significant number of messages are wishful bag holders, and people repeating the same two phrases, "whales buying" and "cheap coins", no, this is not "still a thing" and won't be unless for a miracle.

Yes this is still "a thing" it's in the top 40 coins on coin market cap right now. This coin is being used by business such as PornHub and others that gives it more of a use case than 95% of other coins. If you buy down here this will make a nice move when the altcoin market runs. I don't care that the dev lies I care that this goes up and I bet I'll sell for well over 1000 sat.
full member
Activity: 336
Merit: 100
Verge coins are worth holding for a long time. When the encrypted money market picks up, XVG prices will return to the upward channel. Roll Eyes
jr. member
Activity: 124
Merit: 3
How is this still a thing? Don't people know the chain has been infiltrated AT LEAST 3x and the developer is an insidious liar?

If you realize that a significant number of messages are wishful bag holders, and people repeating the same two phrases, "whales buying" and "cheap coins", no, this is not "still a thing" and won't be unless for a miracle.
jr. member
Activity: 360
Merit: 1
How is this still a thing? Don't people know the chain has been infiltrated AT LEAST 3x and the developer is an insidious liar?
legendary
Activity: 1497
Merit: 1019
Eloncoin.org - Mars, here we come!
I think the Verge project was overrated. Pump happened in December last year is a fake than interest in the blockchain Verge.
Most projects try to shove their blockchain into as many holes as possible. this results in a lot of "positive" noise behind which there is no specifics or news is exaggerated.
hero member
Activity: 1148
Merit: 512
I was surprised to see the price of verge today, prices dropped dramatically. I saw the verge price 3 months ago the price was still 800 satoshi per XVG. see the current market trend It seems that the verge price will continue to decline

nothing to panic at this time but it's a good chance to buy more cheap coins as long investment as a savings when all altcoins are in downtrend  as well.
member
Activity: 99
Merit: 11
Your Gate to Decentralized Internet
People who sell too early will be sorry, if you hodl XVG just relax and wait. December 2017 is nothing compared to what is coming

Is this pure gut feeling or do you have any data to back it up? Last december was indeed a nice rally for verge but then it got very quiet. It looked pretty dead. Not even the pornhub partnership could bring it back to life.
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