[XVG] Verge - Speculation & Discussion - page 110.

CryptocurrencyNetwork

sr. member

Activity: 420

Merit: 250

@CryptoOz

Quote from: 18BARS on March 05, 2016, 08:11:30 AM

Interesting tweet:

DEV Mod delete this direct after i posting it. The VERGE dev don´t like critic Wink

who gives a rats if it was deleted - the forum posting on XVG is quite clear on the tech behind Verge, if you bother to read it. Your post is simple FUD.

18BARS

newbie

Activity: 7

Merit: 0

Interesting tweet:

https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.gyazo.com%2F02d1a38f7e778320bf5d5f4a2ed863c9.png&t=562&c=IS_u-sy8jU-Z_w

DEV Mod delete this direct after i posting it. The VERGE dev don´t like critic Wink

CryptocurrencyNetwork

sr. member

Activity: 420

Merit: 250

@CryptoOz

Quote from: coinstash on February 25, 2016, 03:40:42 PM

From a quick scan (2 hours, the threads were fairly long) it seems someone is trying to block the coin.

Is that a fair appraisal?

Could be a fair appraisal.

coinstash

full member

Activity: 179

Merit: 100

G'day!

From a quick scan (2 hours, the threads were fairly long) it seems someone is trying to block the coin.

Is that a fair appraisal?

coinstash

full member

Activity: 179

Merit: 100

G'day!

Thanks. More reading ... Grin

CryptocurrencyNetwork

sr. member

Activity: 420

Merit: 250

@CryptoOz

Quote from: coinstash on February 24, 2016, 02:52:21 PM

Quote from: CryptocurrencyNetwork on February 21, 2016, 11:12:26 PM

Quote from: coinstash on February 21, 2016, 11:01:51 PM

Relaunch, rebrand - you're being a bit pedantic there.

Anyhow I hope your judgement - and mine - bear that out, I now have 5,000,000 of them.

Just clarifying, as relaunch tends to indicate Dev walked away or something has changed in the code.

OK, that's interesting. What I'd like to know is why they were down to 2 sat then. I know a little about:

1. Something happening at Cryptsy (but no details)
2. The old name being associated with a clown coin, and
3. Perhaps some of the better features having only just been completed

Is there more to it than that? I mean, even AsiaCoin - which is a complete scam - is still at 11 sat.

Good question you ask. But the answers are already in the old Doged forum.

ttookk

hero member

Activity: 994

Merit: 513

Well, there are around 200,000,000 Asiacoins out there and around 9,000,000,000 Verge. Look at the market cap.

coinstash

full member

Activity: 179

Merit: 100

G'day!

Quote from: CryptocurrencyNetwork on February 21, 2016, 11:12:26 PM

Quote from: coinstash on February 21, 2016, 11:01:51 PM

Relaunch, rebrand - you're being a bit pedantic there.

Anyhow I hope your judgement - and mine - bear that out, I now have 5,000,000 of them.

Just clarifying, as relaunch tends to indicate Dev walked away or something has changed in the code.

OK, that's interesting. What I'd like to know is why they were down to 2 sat then. I know a little about:

1. Something happening at Cryptsy (but no details)
2. The old name being associated with a clown coin, and
3. Perhaps some of the better features having only just been completed

Is there more to it than that? I mean, even AsiaCoin - which is a complete scam - is still at 11 sat.

CryptocurrencyNetwork

sr. member

Activity: 420

Merit: 250

@CryptoOz

miners mine. put in your buy orders

CryptocurrencyNetwork

sr. member

Activity: 420

Merit: 250

@CryptoOz

one might be wise to remove some sell orders, b4 they are chomped

CryptocurrencyNetwork

sr. member

Activity: 420

Merit: 250

@CryptoOz

did you hear? XVG to be listed in Poloniex?

https://bitcointalksearch.org/topic/m.13968941

CryptocurrencyNetwork

sr. member

Activity: 420

Merit: 250

@CryptoOz

Quote from: coinstash on February 21, 2016, 11:01:51 PM

Relaunch, rebrand - you're being a bit pedantic there.

Anyhow I hope your judgement - and mine - bear that out, I now have 5,000,000 of them.

Just clarifying, as relaunch tends to indicate Dev walked away or something has changed in the code.

coinstash

full member

Activity: 179

Merit: 100

G'day!

Relaunch, rebrand - you're being a bit pedantic there.

Anyhow I hope your judgement - and mine - bear that out, I now have 5,000,000 of them.

CryptocurrencyNetwork

sr. member

Activity: 420

Merit: 250

@CryptoOz

Quote from: coinstash on February 21, 2016, 08:21:50 AM

Quote from: CryptocurrencyNetwork on February 21, 2016, 06:50:52 AM

With the amount of resources available for Verge, it is just a matter of time until more people know what Verge stands for.

It's not about just about profit - short term profit is usually harder achieve and usually lower than long term.

If you bought at 1-2 sats and held, you most likely would have been better off - two ways:

1/ Bitcoin was a lower price
2/ Your Verge would have increased 10 fold.

Repeat this with any price.

Longterm:

Bitcoin will rise with supply and demand.
Verge will rise with supply and demand.

I came in 11 hours after launch and they were already 20 sat. I had not even heard of Verge or DogecoinDark until yesterday. The only people who bought at 2 sat were "in the know" which is not a clean launch. Then again, since this is a relaunch it could never be "clean" compared to a new currency since billions have already been minted.

But I do agree, short-term trading on a commodity as thin as crypto is blatantly silly. Buy solid currencies and "HODL." I'm just hoping the privacy factor is enough of a drawcard for the average punter to make it work, although I'm sure sophisticated users will love it.

The people who bought at 2 sats or mined, were not in the know, most just researched, or saw something that was appealing. It was not a re-relaunch it was a rename or rebrand. Everything else remained the same.

As for a clean launch, yes I believe it was a clean / fair launch, this crypto is over 12 mths old and proved itself overtime to continue chipping away.

Now we are seeing more adoption and greater exposure. Once true marketcap is reflected on the charts a lot more people will take a look at what Verge has to offer.

coinstash

full member

Activity: 179

Merit: 100

G'day!

Quote from: CryptocurrencyNetwork on February 21, 2016, 06:50:52 AM

With the amount of resources available for Verge, it is just a matter of time until more people know what Verge stands for.

It's not about just about profit - short term profit is usually harder achieve and usually lower than long term.

If you bought at 1-2 sats and held, you most likely would have been better off - two ways:

1/ Bitcoin was a lower price
2/ Your Verge would have increased 10 fold.

Repeat this with any price.

Longterm:

Bitcoin will rise with supply and demand.
Verge will rise with supply and demand.

I came in 11 hours after launch and they were already 20 sat. I had not even heard of Verge or DogecoinDark until yesterday. The only people who bought at 2 sat were "in the know" which is not a clean launch. Then again, since this is a relaunch it could never be "clean" compared to a new currency since billions have already been minted.

But I do agree, short-term trading on a commodity as thin as crypto is blatantly silly. Buy solid currencies and "HODL." I'm just hoping the privacy factor is enough of a drawcard for the average punter to make it work, although I'm sure sophisticated users will love it.

CryptocurrencyNetwork

sr. member

Activity: 420

Merit: 250

@CryptoOz

I think this should be moved to Altcoin Discussion section.

CryptocurrencyNetwork

sr. member

Activity: 420

Merit: 250

@CryptoOz

Quote from: coinstash on February 21, 2016, 05:39:11 AM

Quote from: ttookk on February 20, 2016, 10:07:03 AM

Volume is dropping rapidly. Is the honeymoon phase over?

Nope. The guys who bought under 10 sat have stacked every sat point from 16 to 200 with about 6,000,000 XVG for sale. It completely killed the momentum. At least the bots haven't arrived yet.

This is the problem with a significantly premined coin, it leaves latitude to be defeated by short-term trading.

With the amount of resources available for Verge, it is just a matter of time until more people know what Verge stands for.

It's not about just about profit - short term profit is usually harder achieve and usually lower than long term.

If you bought at 1-2 sats and held, you most likely would have been better off - two ways:

1/ Bitcoin was a lower price
2/ Your Verge would have increased 10 fold.

Repeat this with any price.

Longterm:

Bitcoin will rise with supply and demand.
Verge will rise with supply and demand.

coinstash

full member

Activity: 179

Merit: 100

G'day!

Quote from: ttookk on February 20, 2016, 10:07:03 AM

Volume is dropping rapidly. Is the honeymoon phase over?

Nope. The guys who bought under 10 sat have stacked every sat point from 16 to 200 with about 6,000,000 XVG for sale. It completely killed the momentum. At least the bots haven't arrived yet.

This is the problem with a significantly premined coin, it leaves latitude to be defeated by short-term trading.

coinstash

full member

Activity: 179

Merit: 100

G'day!

I agree, there were no buyers around at Bittrex today for most of the smaller alts, and the larger ones had to be sold close to the highest Buy price. Also seeing huge spreads in many cases, suggesting that most trading is speculation. I think we're in a very immature market phase for cryptocurrencies generally.

I've just evaluated my results after a week of tough manual trading, including some stellar gains on smaller alts. In all I made about enough to buy a cuppacawfee. If I'd left my money in BTC the results would have been far better, at least it has consistent and active trading in all conditions. Pity I didn't predict the jump from $380 to $420 but I don't think anyone saw it coming really.

Currently sitting on 1,000,000 XVG bought at 20 sat (ouch).

Yolo123

member

Activity: 112

Merit: 10

Quote from: ttookk on February 20, 2016, 10:07:03 AM

Volume is dropping rapidly. Is the honeymoon phase over?

Volume dropped for all the alt coins...maybe Monday it is going to pick up

Topic: [XVG] Verge - Speculation & Discussion - page 110. (Read 243738 times)