Topic: [XVG] Verge - Speculation & Discussion - page 100. (Read 243738 times)
looks like someone dumped a crapton of XVG on bittrex. Everybody got their 10 sat buy orders filled? 
Yes but look at the additional 12 BTC in support that was listed last night @ 11 and 10 sats. Good things are coming
Good things are coming
Good things are coming
Every time you told this. After rename to VERGE "The Hype is real", after new wallet, after algo Change, after halving......
looks like someone dumped a crapton of XVG on bittrex. Everybody got their 10 sat buy orders filled?
Yes but look at the additional 12 BTC in support that was listed last night @ 11 and 10 sats. Good things are coming
looks like someone dumped a crapton of XVG on bittrex. Everybody got their 10 sat buy orders filled?
From the main thread:
most of our coins have already been produced.. we're only making something like 9 million coins a day now.
it's not made to get everyone rich right away, it's a privacy tool/currency, designed to be open to anyone.
I respect your opinion since with a lower quantity it may appear to be more scarce, therefore more valuable, but I do not believe that Verge has "too many" coins.
A bigger issue could be if there were "too few" coins, which would necessitate the need to go into the decimals to use them, which would work of course, but be less convenient.
If something costs 15 XVG, 150 XVG, 1500 XVG, or 15000 XVG, it doesn't seem that big a deal, where .00015 XVG may be.
Long term, having more coins may be a benefit when Verge's distribution increases.
It may even be psychologically advantageous since it feels kind of good to have a bunch of something, even though a lower quantity could have the same value.
I'd be in favor of removing some decimal amounts. What you say about psychological advantage is really true. 8 decimal places makes Bitcoin so unfriendly and "techy". Ending at .01 would be much easier IMHO. I'd love an update doing this.
There will be no update that would 'magically' remove coins from the available supply. The standing supply cap was created such that there would be a possibility of wide spread distribution. They only remotely conceivable way to reduce coin supply would be to, as a community, agree to take coins off the market and send them off the a burn address, which frankly a vast majority of us who've been here longer then 4 days would not be interested in doing.
Personally i have no problems with the standing supply.
Take into consideration that -- DOGE -- Has 104,234,666,300 coins in circulation right now and their current standing average sat level is between 48-57 sats.
While i do understand the 'psychological' aspect of what a large number can do to someone's mind i also understand that you cannot just post an update that would swipe an undisclosed amount of coins from people(s) wallets in an effort to reduce the overall coin supply such that current standing bag holders would then get 'rich'(loosely used term); people would immediately bail.
Not to mention the fact that -- Lets say in an extremely hypothetical situation the coin supply did get reduced; there would still have to be a standing demand for the currency in the first place. You could reduce, burn, destroy, eliminate coins in what ever fashion you want but if there is no standing demand then the price remains the same.
This is an investment which means you should have already come to the understanding and acknowledged all of the facts and benefits of being an investor of this currency. This includes accepting the overall coin supply, the technology that is backing the currency, the purpose/goals and any other aspects of the coin there for if you do not like an aspect that cannot be changed you should have not invested in the first place.
Changing the coin supply is never going to happen.
Cheers-
Rekt
Excellent coin with an amazing developer but with one single major flaw.
Too many coins.
I will get a lot of hate and post might get deleted but sometimes tough love is what's needed.
Too many coins.
I will get a lot of hate and post might get deleted but sometimes tough love is what's needed.
most of our coins have already been produced.. we're only making something like 9 million coins a day now.
it's not made to get everyone rich right away, it's a privacy tool/currency, designed to be open to anyone.
I respect your opinion since with a lower quantity it may appear to be more scarce, therefore more valuable, but I do not believe that Verge has "too many" coins.
A bigger issue could be if there were "too few" coins, which would necessitate the need to go into the decimals to use them, which would work of course, but be less convenient.
If something costs 15 XVG, 150 XVG, 1500 XVG, or 15000 XVG, it doesn't seem that big a deal, where .00015 XVG may be.
Long term, having more coins may be a benefit when Verge's distribution increases.
It may even be psychologically advantageous since it feels kind of good to have a bunch of something, even though a lower quantity could have the same value.
There will be no update that would 'magically' remove coins from the available supply. The standing supply cap was created such that there would be a possibility of wide spread distribution. They only remotely conceivable way to reduce coin supply would be to, as a community, agree to take coins off the market and send them off the a burn address, which frankly a vast majority of us who've been here longer then 4 days would not be interested in doing.
Personally i have no problems with the standing supply.
Take into consideration that -- DOGE -- Has 104,234,666,300 coins in circulation right now and their current standing average sat level is between 48-57 sats.
While i do understand the 'psychological' aspect of what a large number can do to someone's mind i also understand that you cannot just post an update that would swipe an undisclosed amount of coins from people(s) wallets in an effort to reduce the overall coin supply such that current standing bag holders would then get 'rich'(loosely used term); people would immediately bail.
Not to mention the fact that -- Lets say in an extremely hypothetical situation the coin supply did get reduced; there would still have to be a standing demand for the currency in the first place. You could reduce, burn, destroy, eliminate coins in what ever fashion you want but if there is no standing demand then the price remains the same.
This is an investment which means you should have already come to the understanding and acknowledged all of the facts and benefits of being an investor of this currency. This includes accepting the overall coin supply, the technology that is backing the currency, the purpose/goals and any other aspects of the coin there for if you do not like an aspect that cannot be changed you should have not invested in the first place.
Changing the coin supply is never going to happen.
Cheers-
Rekt
It is moving now. 50 would be great.
Just wish it would move off this endless 10~11 sats.
Damn, go up .....go down....go SOMEWHERE!
(doubt seriously it will go down.)
Damn, go up .....go down....go SOMEWHERE!
(doubt seriously it will go down.)
halving done, new wallet release, the mandatory update at block 380.000 maybe 3days
hope price back to 50sat
hope price back to 50sat
I don't know for sure what it is. Just felt like I should point it out.
I may have to charge for the content.
I may have to charge for the content.
Well, he_she does have a yobit signature. According to the Yobit signature thread, he_she owes you 0.0003 BTC
" ★ Hero Member: 0.00030 BTC per constructive post. "
I don't know for sure what it is. Just felt like I should point it out.
I may have to charge for the content.
I may have to charge for the content.
OK so here it is.
https://bitcointalksearch.org/topic/m.14618727
Not really sure what the deal is with this and don't even really think it's a big deal. I was just reading the thread and read that post and was going "WTF. I remember this." LOL
https://bitcointalksearch.org/topic/m.14618727
Not really sure what the deal is with this and don't even really think it's a big deal. I was just reading the thread and read that post and was going "WTF. I remember this." LOL
You got a stalker?
Maybe somebody just re-posting intelligent comments to get their activity level up a bit?
Happy Halving Day everybody!
Now....This will seperate the gnatpoop and the pepper.
Miners won't mine this at a 10 sat value......I'll go mine something else and buy it.
Now....This will seperate the gnatpoop and the pepper.
Miners won't mine this at a 10 sat value......I'll go mine something else and buy it.
OK so here it is.
https://bitcointalksearch.org/topic/m.14618727
Not really sure what the deal is with this and don't even really think it's a big deal. I was just reading the thread and read that post and was going "WTF. I remember this." LOL
https://bitcointalksearch.org/topic/m.14618727
Not really sure what the deal is with this and don't even really think it's a big deal. I was just reading the thread and read that post and was going "WTF. I remember this." LOL
You got a stalker?
OK so here it is.
https://bitcointalksearch.org/topic/m.14618727
Not really sure what the deal is with this and don't even really think it's a big deal. I was just reading the thread and read that post and was going "WTF. I remember this." LOL
https://bitcointalksearch.org/topic/m.14618727
Not really sure what the deal is with this and don't even really think it's a big deal. I was just reading the thread and read that post and was going "WTF. I remember this." LOL
That's mysterious!
OK so here it is.
https://bitcointalksearch.org/topic/m.14618727
Not really sure what the deal is with this and don't even really think it's a big deal. I was just reading the thread and read that post and was going "WTF. I remember this." LOL
https://bitcointalksearch.org/topic/m.14618727
Not really sure what the deal is with this and don't even really think it's a big deal. I was just reading the thread and read that post and was going "WTF. I remember this." LOL
Even if we wanted to, there's been a lot of changes lately and things are running great right now. Do we really want to be the coin that was scrypt, then MA, then POS a month later?
Change is a good thing but too much change makes it look like we just can't decide who we are.
I only sold about 10% during the last surge and I've been patiently waiting. Now it looks like I'm gonna get it all back 3-4X. Kind of wish I'd sold a little more but I don't like putting downward pressure on it. More fun to let it soar.
Change is a good thing but too much change makes it look like we just can't decide who we are.
I only sold about 10% during the last surge and I've been patiently waiting. Now it looks like I'm gonna get it all back 3-4X. Kind of wish I'd sold a little more but I don't like putting downward pressure on it. More fun to let it soar.
GUYS, I'm not sure what the deal is with this post but this was a post that I made a while back when someone asked about us moving to POS. I'll look back later but that is word for word what I posted on the other forum. Not sure how it ended up here or if this guy cut and paste it here or for what reason. It's really weird.
XVG price abount to below 10 sat now. 
Just a little time before the big up :-).Trust to XVG.
XVG price abount to below 10 sat now.
in first time i thinking he selling bot 12300/5minute for make his buy wall filled, but after i see that's adress i know seller is f*cking miner, he want to sell his XVG and thinking still profit with it .
Hey, watch that miner talk..
..LOL....I'm a miner on 3 different algos. BtC, Ethereum, XVG - scrypt, and various X algos.I mine, trade and invest where I see fit.
Those sell orders look like 1% of his bag.
Nice work Dev_Sempak.
You think he's buying from himself?
Why break it down into those 12,300 and multiples?
What's he up to?
You think he's buying from himself?
Why break it down into those 12,300 and multiples?
What's he up to?
Yeah how stupid, doesn't make sense!! Anyone selling down here is going to regret it for sure!!
in first time i thinking he selling bot 12300/5minute for make his buy wall filled, but after i see that's adress i know seller is f*cking miner, he want to sell his XVG and thinking still profit with it .
He will soon kick his ass for selling so low.
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