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Topic: [XVG] Verge - Speculation & Discussion - page 13. (Read 243702 times)

legendary
Activity: 2674
Merit: 1226
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Funny you mention that, Coincheck (large Japan exchange) just dropped support for Monero, Dash, and Zcash. Who cares? They'll just lose 5% of their business, probably to Binance. If the govts are able to really ramp up the crackdowns on privacy coins, decentralized exchanges will just become more widespread.

Also today it was revealed that NSA has been sniffing and tracking Bitcoin users since 2013. Exactly what paranoid people expected the whole time.

All bullish signals for the privacy coin markets.

Yeah, exactly, who cares? Coincheck have had huge problems with hacking and with verifying their users. The Japanese government already is investigating them for all their failures to comply, so they're probably dropping all these anonymous coins to reduce their risk exposure. I will say one thing though, Verge benefited from early hype pumps, thanks to good old McAfee... but it does have some technological value. Whether or not it will prove to be better or more used than coins like Monero, can't say. Privacy coins already had their huge runs, they're now struggling just like any other alt.
newbie
Activity: 154
Merit: 0
If I invest in anything this year, that will be the XVG coin for sure. Nice team, good idea,
#TOTHEMOON2018
hero member
Activity: 686
Merit: 504
despite the current heavy bear market I believe we'll see verge explode soon. Privacy related coins (like monero as well) will become massive once governments will start heavily taxing crypto earnings


It makes sense. But chances are high that governments will surely figure out tax evasions and will probably restrict anonymous coins especially on exchanges under their jurisdiction.


Funny you mention that, Coincheck (large Japan exchange) just dropped support for Monero, Dash, and Zcash. Who cares? They'll just lose 5% of their business, probably to Binance. If the govts are able to really ramp up the crackdowns on privacy coins, decentralized exchanges will just become more widespread.

Also today it was revealed that NSA has been sniffing and tracking Bitcoin users since 2013. Exactly what paranoid people expected the whole time.

All bullish signals for the privacy coin markets.
newbie
Activity: 204
Merit: 0
full member
Activity: 378
Merit: 104
The verge is going up and down too much. It makes me nervous. I am not investing Verge for now. I used to invest a little. Then I sold it. We expect the market to recover.

To be fair, everything is going up and down as of lately. Bitcoin has been all over the place and seems to be going down more than not.
member
Activity: 294
Merit: 10
Verge is in my portfolio. I do not think that it will grow strongly in the near future, because there is little positive news about the project. But the price will grow along with the whole market.
member
Activity: 172
Merit: 11
despite the current heavy bear market I believe we'll see verge explode soon. Privacy related coins (like monero as well) will become massive once governments will start heavily taxing crypto earnings


It makes sense. But chances are high that governments will surely figure out tax evasions and will probably restrict anonymous coins especially on exchanges under their jurisdiction.


That's a good point that I've never considered before, if there's no means to trade fiat to privacy coins then privacy coins are pretty redundant for tax evasion.

Is verge even a legit project?

YES. It's been around a long time and is definitely legit, it may not be the best managed project but that doesn't mean it's not legit. Crypto has a real problem distinguishing between bad projects and legitimate projects.
sr. member
Activity: 475
Merit: 250
despite the current heavy bear market I believe we'll see verge explode soon. Privacy related coins (like monero as well) will become massive once governments will start heavily taxing crypto earnings


It makes sense. But chances are high that governments will surely figure out tax evasions and will probably restrict anonymous coins especially on exchanges under their jurisdiction.
full member
Activity: 686
Merit: 101
The verge is going up and down too much. It makes me nervous. I am not investing Verge for now. I used to invest a little. Then I sold it. We expect the market to recover.
sr. member
Activity: 644
Merit: 252
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despite the current heavy bear market I believe we'll see verge explode soon. Privacy related coins (like monero as well) will become massive once governments will start heavily taxing crypto earnings
full member
Activity: 686
Merit: 101
Twitter's hacking news generated a bit of a negative atmosphere. I stay away from Verge especially on these adverse conditions. There's a lot of hard movements around here.
member
Activity: 172
Merit: 11
XVG might be recover as it was Bullish-ed last few weeks before  and i think it is good time to buy because of dip ! if it will rise again then it will give you good profit !


XVG has not been bullish the last few weeks, just like no coin has. It's probably been one of the worst performers in the recent bear market.


If its is about money matters i will going to take it but for the works there is always a problem another is a hype from john mcaffee although it helps the price to go up and its popularity however in security matters it is not that much secured than monero was still the best private and anonymous crypto.

This is XVGs problem, they keep promising that things are going to be delivered and it will be the best privacy coin yet but then they don't deliver,.
sr. member
Activity: 659
Merit: 250
Not sure about the technology, but the community around verge is quite funny. Lots of pumps and dumps. Lots of argumentation. I personally is looking to pick up verge at 50 sats and wait for the next pump  Grin Grin Grin

Don't think we'll see it go any lower than 200 satoshi in the long term but 300 seems quite likely in the coming days. It's been a steady decline since peaking at near 2000 satoshi. I bought in around 1200 and eventually got out around 500, fortunately I traded a bit so my average cost is more like 800 satoshi, still a big mistake and a big loss. I'll be considering buying back in when the price goes sub 300.
Anything is possible remember how dgb got the same movement in the past brought at 2000satoshi then get dump below 100satoshi. All this old coins are brought by hype and the effect of total market capitalization by december 27 bull run.

Of course anything is possible, it's just my opinion that it will rebound before that point. If the whole market continues to fall then we can see XVG go all the way to 0. I expect privacy coins will be among the best performing coins in the coming months as regulation becomes stricter, let's hope XVG can be fully working before then so that it can steal some of the share away from monero.
If its is about money matters i will going to take it but for the works there is always a problem another is a hype from john mcaffee although it helps the price to go up and its popularity however in security matters it is not that much secured than monero was still the best private and anonymous crypto.
sr. member
Activity: 546
Merit: 250
XVG might be recover as it was Bullish-ed last few weeks before  and i think it is good time to buy because of dip ! if it will rise again then it will give you good profit !

Happy Trading

Thanks
Regards
member
Activity: 172
Merit: 11
Not sure about the technology, but the community around verge is quite funny. Lots of pumps and dumps. Lots of argumentation. I personally is looking to pick up verge at 50 sats and wait for the next pump  Grin Grin Grin

Don't think we'll see it go any lower than 200 satoshi in the long term but 300 seems quite likely in the coming days. It's been a steady decline since peaking at near 2000 satoshi. I bought in around 1200 and eventually got out around 500, fortunately I traded a bit so my average cost is more like 800 satoshi, still a big mistake and a big loss. I'll be considering buying back in when the price goes sub 300.
Anything is possible remember how dgb got the same movement in the past brought at 2000satoshi then get dump below 100satoshi. All this old coins are brought by hype and the effect of total market capitalization by december 27 bull run.

Of course anything is possible, it's just my opinion that it will rebound before that point. If the whole market continues to fall then we can see XVG go all the way to 0. I expect privacy coins will be among the best performing coins in the coming months as regulation becomes stricter, let's hope XVG can be fully working before then so that it can steal some of the share away from monero.
hero member
Activity: 686
Merit: 504
I bought a few coins and sold, changed my mind and invested in DeepOnion, since the project is younger, but their development is impressive. With DeepSend that is about to be released, I am sure that price will go up, as it did when the recent upgrades were made. Verge had a lot of potentials, I liked the specification and I thought it would be better, but the price was too low, even when BTC has gone through the roof. It is a good coin, but it needs... More.

Careful. DeepOnion was 90% premined, so the distribution is uneven. Only 10% left to the miners, so the pumps/dumps can happen much faster.
member
Activity: 397
Merit: 11
I bought a few coins and sold, changed my mind and invested in DeepOnion, since the project is younger, but their development is impressive. With DeepSend that is about to be released, I am sure that price will go up, as it did when the recent upgrades were made. Verge had a lot of potentials, I liked the specification and I thought it would be better, but the price was too low, even when BTC has gone through the roof. It is a good coin, but it needs... More.

Totally agree, I'm also a big supporter of DeepOnion, a very young and new project with a huge potential. With the release of the Android wallet and the DeepSend feature other privacy coins will have no real technological advantage, and compared to them Onions are way too low on price.

Also verge was pretty much pumped by McAfee, the price has been falling hard lately and now with the news of their lead dev getting hacked and doxed it will not get much better in the future either
newbie
Activity: 63
Merit: 0
I bought a few coins and sold, changed my mind and invested in DeepOnion, since the project is younger, but their development is impressive. With DeepSend that is about to be released, I am sure that price will go up, as it did when the recent upgrades were made. Verge had a lot of potentials, I liked the specification and I thought it would be better, but the price was too low, even when BTC has gone through the roof. It is a good coin, but it needs... More.
sr. member
Activity: 659
Merit: 250
Not sure about the technology, but the community around verge is quite funny. Lots of pumps and dumps. Lots of argumentation. I personally is looking to pick up verge at 50 sats and wait for the next pump  Grin Grin Grin

Don't think we'll see it go any lower than 200 satoshi in the long term but 300 seems quite likely in the coming days. It's been a steady decline since peaking at near 2000 satoshi. I bought in around 1200 and eventually got out around 500, fortunately I traded a bit so my average cost is more like 800 satoshi, still a big mistake and a big loss. I'll be considering buying back in when the price goes sub 300.
Anything is possible remember how dgb got the same movement in the past brought at 2000satoshi then get dump below 100satoshi. All this old coins are brought by hype and the effect of total market capitalization by december 27 bull run.
full member
Activity: 686
Merit: 101
What kind of project did not solve the project? In the future maybe you could have better prices. But it is a project with too much risk. I am trying to stay away if the market is already very bad.
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