Topic: [$XVG] VERGE [POW][MultiAlgo][TOR/i2P][no premine/ico!] - page 89. (Read 843765 times)

On first look i as well thought its way more expensive, but than i remembered that with Credit Card you have some additional costs mostly. In my case, if i remember right it is at least
0.50USD per transaction, eventually more hidden fees by my bank as well. So the gap is not too big to be honest.

For sure, someone familar with crypto wallets, scanning the QR code it is a fast transaction as well. To be honest i did not expect that the process being that easy but awaited some furth and
back exchange, submission, whatever not. But getting there was mega easy which for sure is a big plus in that case.

---

---

---

Trust me, no one using these sites will care... 

There isn't a cost increase... the cost is based on the market price at the point of purchase. I paid 115 XVG for my next month's premium subscription.

Thanks for posting. the 23% cost increase over fiat its bad imo.

Very interesting statement you about the situation in the project. Perhaps I observe a course of further developments. Where did you get this confidence or is it just your desires? Although now everything is possible, is not worth a place in the market, it is constantly in motion. Let's see what will happen next.

Is a hammer a cool thing!
That will rock!
Next, the integration of online stores and then the next platform! Very nice Verge team!
Rock'nRoll  

just tried it out to see how it works:

Payment Information
Status:   Waiting for your funds...
Total Amount To Send:   154.19802029 XVG (total confirms needed: 5)
Received So Far:   0.00000000 XVG (unconfirmed)
Balance Remaining:   154.19802029 XVG

(here is the Wallet QR code pic)


Send To Address:   D5zdi3ksR4nW61FEnYBQsWQvR7CPtikBGg
Time Left For Us to Confirm Funds:   59m 3s
Seller:   MG Billing Limited (96%)
Seller Email:   [email protected]
Leave Feedback:   You will be able to leave feedback once this transaction is completed.
Payment ID: ***********************


154 XVG about 12.30 USD right now vs. 9.99 USD with Credit Card. Sounds fair having in mind that Creditcard might have some additionally processing costs added for the CC Holder.

Verge is taking over America right now

https://twitter.com/CalicoDaze/status/986318194779439105
https://twitter.com/vergecurrency/status/986314350024626176

The questions abound as to whether or not adoption will happen and whether the VergeFam supports this. I can assure you, the VergeFam overwhelmingly supports this partnership (parsnip!) and it is highly excited to see XVG and Crypto go mainstream! This is a door... one of *many* that has been brought to Crypto in a way that has not been done in similar fashion before. A *massive* undertaking by the VergeDev Team and the Community took place in order to make this a reality. I highly recommend a reading here:

https://medium.com/vergecurrency/verge-from-seed-to-revolution-fc3833333ba5 - This is written by StanFaas who is a Core Team Member and posted yesterday.

In terms of business acceptance: Have any of you heard of a single business that does not do business with Visa/MasterCard/Discover/Amex because they allow transactions in this industry? Of course not. So when the high-and-mighties get off their high-horses and realize the depth of this partnership, they'll come around as well. You can be certain of that!

Did the price of XVG drop this morning? It sure did. This is a mix of to be expected and weak hands who have no solid vision of the future. It's been discussed that the industry has brought technical innovation at a pace not commonly met in any other industry and that's also a fact. As this sets in, and additional partnerships outside of this one are opened up (because there is now case fact for Crypto uses in so called real-world settings), will the price go up? Of course it will as demand increases.

Even the folks at Monero applauded the move. As well they should! The implications of this major partnership are universally good for Crypto.

The third largest consumer of bandwidth from a business perspective, only behind Google and Netflix, is PornHub. Over a hundred million daily users visit PornHub each and every single day. The site has already produced banners and they are actively promoting Verge and Crypto overall. PornHub is just one site of MANY in the MindGeek plethora. The partnership is with MindGeek. Their footprint on the web is undeniable and now Crypto is going mainstream!

Enjoy the ride folks! It's not every day that we get this kind of exposure and enjoy the fruits of someone else's labor (The Verge Team).

A well-known adult website announced recently that it began accepting Verge (XVG) crypto currency as the official means of payment on the platform. Virtual currency will be used to pay for services, such as Pornhub Premium, as well as a number of others. Against this background, the capitalization of Verge (XVG) increased by $ 250 million.

I am not a huge fan of Verge (XVG), but don't agree with those of you who think this was all hype. It could turn out to be the begining of something big for the entire crypto community. Check out my Steemit post for more.

https://steemit.com/cryptocurrency/@byzantinehash/verge-vxg-partnership-not-as-bad-as-people-think

Not sure if I'm happy about the cooperation with PornHub but I will hodl on the long run

The real deal now is to attract mainstream users to use verge as their prefered payment option and to facilitate the process of acquiring coins as much as possible.

Yeah +1

I had completely forgeted the porn industry and I have to said "well done" guys!!!

I'll definitively hodl my bags of Verge

People need to obtain over the simple fact that it's porno. Pornhub will probably be worth $3. 6 billion and contains an absolutely enormous user base.

Ok, took the time to relax a bit and think about the whole story. Let's try to sort it out absolutly unbiased and objective:

- the adoption to the mindgeek payment system isn't too bad. I have hoped for a better decision, but why not. Someone will take take that niche anyway, now its Verge, why not.

- while this partnership will close mostly a lot of doors, it will eventually open some, gambling sites come into my mind immediatly as the next most logical.

- IF paying for memberships on these tube sites will be a deal, we don't know without numbers. On one hand there is sooo much free content around that memberships must have decreased a lot the last decade, on the other side these tube sites have huge traffic, no doubt about it.

- For us users of crypto handling crypto currency is nowadays easy, but even many of use struggle with wallets and whatever not, what's left for the average Joe? This is a little problem while dealing with Crypto for sure.

- The paid advertising campaign is in my opinion a bad deal. But than again, seems its a fact by now, nothing can be changed, and maybe it will indeed help making Verge popular among many. This money, or a big part of it should have been used for further improvement/developement, staff. It's a bad deal that might drive away investors eventually in future. But ok, lets hope at least XVG gains in popularity.

- IF the age verification can be implented somehow so authorities do not see at as eventually bypassing it, it would be good, it's even a must in my opinion. No idea how this can be easy be done so it's more easy for the average Joe than type in his card number and verification code .... We will see how this gets handled, but its important in my opinion.

- Authorities of all kind now. With this deal i'am pretty sure some authorities will closely watch Verge now. I hope all their books are done correctly, someone for sure is coming to check here and there some things.

- Possible Problem? No idea how Verge is handled now by the US SEC and others. After you can pay now with it, does it need some kind of license , is it liable to other financial laws or regulations now? And if yes, can the Verge team deal with it? I'am not from the US, so others that are into law there can answer this maybe?!

- What is the whole deal. Ok, we know Verge is accepted now on the mindgeek network or for now part of it. But what is the deal for Verge beside that? Are they getting commisions for each payment? Is it a trial only or long term? Can Verge be brought to it from "outside" or is it like "B2X" on hitbtc in the meaning you can buy and trade it but neither transfer it in or out. How is/will XVG exchanged/converted there at mindgeek? Does the deal include cam sites too? The list here is endless of important points .....

- Is the Verge Team strong and good enough to handle that additionally work? New staff?

- Are there any Exit terms for mindgeek, in the meaning can they break the contract under given circumstances?

- Is the majority of the Verge community supporting this move? I think its important how the backbone of a given coin reacts to such moves, especially at Verge with the huge younger community. In case the majtority supports it, good of course.

- Volatility, how will this affect the payment gate there at mindgeek. I mean it can be today 10 cent, tomorrow 1 and next day 20, it's not that its like the USDT. Could this be a problem?

There are more points that need some attention, just wrote some that came into my mind.

Having said this, it could be indeed a not that bad deal at all to be honest. BUT its all about how the verge team handles things now, what the exact terms are and how this will get adopted by the porn community at all.

Personally i think its a bad deal with a good chance of eventually improvement to make it a good deal.

It's hard to make a comparison to XRP. They have all the infrastructure that works in favor of banks. In other words they help an industry facilitate transactions, which want to remain in control of the system. They would help XRP reach high value rather than any other coin.

Pornhub is the best area for VR porn too, so if which will kicks off, is even in an even better place for verge.