on April 17 is the highest price verge reached 0.000014 btc, then dropped drastically to 0.000007xx btc, positive issues and rising prices btc have not been able to raise the price verge
It only takes so long to realize that VERGE is better than Bitcoin, BitcoinCash, Dash, Monero ....... etc ....
It scares me a little bit that it takes so long until people notice! But it is not so bad, it just leaves me a little doubt the clarity of the people who read too much Fud!
To the point:
Faster than almost all coins! (Seconds)
Private if you want it!
Cheap transfer! (can be changed after under when the price goes up)
And really decentralized!
price estimate
2018, $ 0.80
2019, $ 1.95
2020, $ 3.80
greetings
While i agree that Verge is pretty fast their are faster coins as well.
While i agree that the transfer is quiet cheap, there are others, even free for transfer.
Decentralized? I personally have some other views on what is really decentralized, so i would no say its 100% decentralized.
I wrote the above just to make clear that there is nothing special about it nowadays. If someone wants to outperform a competitor he must be best, not just good at something.
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You as well forget another very important factor. 16,555,000,000 XVG Max. supply. This is a lot of Verge and means that every impact is measured in cents, not dollars as it would be with a coin of let's say 50M Max supply.
About the numbers you have stated. If you really believe in these numbers you are somehow very optimistic. US$ 3.80 would mean a market cap of 62,909,000,000 US$. This simply will not be happen. If you settle the long term price at 0.50 USD than you make a very good profit too and won't be disapointed not reaching 1, 2 or 3 Dollars. Just by the way. 0.50 USD for a 16.5B coin is quiet impressive as well.
Just check out how many XRPs are there and what was its All Time High and MCap. Is it faster than XVG? Is it decentralised? Is is the best coin? Answers to all these questions is a BIG NO. Fuck its not even based on Blockchain Technology!!!!
XRP is a shitcoin with marketing done right.
XVG is coin with a great potential with marketing done wrong.
In long run the success is decided by the usability and not by marketing.
P.S.: Replace TRX by XRP in above and the argument still holds true.
I agree absolutly with you on TRX and XRP, the reason i do not hold TRX and XRP, both totally overprized in another hype. These coins will lose value for sure, XRP did allready. TRX to follow as well, you will see.
So your example does not stand up. Just because you have 2 totally overprized and overvalued coins does not mean every coin should be overprized. Better stay will reality and when some overvalue/overprize be happy you are in the boat, but counting on it is just plain wrong in an investement calculation.
So again, calculate some seriously that fits the normal laws of trading, exchanges and and and. If it goes beyound that, great, you make even more profit, but never count on that as it will only result in disappointment. You see this allready by the comments by many now. Why is only Verge sidewards or in red while all other are in green. It's because the price corrects, it was overvalued, easy as that.
This said, never lose contact to the ground dude. And do not forget, from 0.03 to 0.06 is actually a huge improvement and raise in price. Even 20, maybe 50 cents are possible at some time, but 3.80? You just won't see that with 35B max supply, easy as that. Of course feel free to dream about it, but later also remember you have told so :-)