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Topic: [XVG] Verge - Speculation & Discussion - page 5. (Read 243702 times)

legendary
Activity: 2730
Merit: 1288
Well, I've bought XVG some days after news about partnership with Pornhub. This allow me to buy it with discount and this is a good entry point, as long as privacy coins is my goal for following year

Coins with transparent ledger cant be privacy coins no matter what people tells you on the internet.  Open some verge blockchain explorer and check it for yourself. You can see exactly how many coins is on each wallet and where they come from, just like with Bitcoin.
full member
Activity: 378
Merit: 104
Definitely a good real world use to be partnering with legitimate sites, even pornhub Smiley

But it begs the question, does anyone actually pay for porn?!
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
Well, I've bought XVG some days after news about partnership with Pornhub. This allow me to buy it with discount and this is a good entry point, as long as privacy coins is my goal for following year

XVG is not really a privacy coin..

It's almost entirely traceable over the blockchain.

RingCT would fix this, it's on the roadmap..
jr. member
Activity: 154
Merit: 1
I think the price will only grow, coins should be held, be patient.
sr. member
Activity: 672
Merit: 251
Well, I've bought XVG some days after news about partnership with Pornhub. This allow me to buy it with discount and this is a good entry point, as long as privacy coins is my goal for following year
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
Hit the bottom at 639 sats
Currently at 742 sats

Don't think it's going under 640 again
This was the correction from the hype
Assuming (hoping) we're going to see an uptrend now.

MindGeek is a good partnership, there's definitely going to be more people exposed to Verge, results will probably be visible with the google adwords search tool.
jr. member
Activity: 201
Merit: 1
I don't see how, at this stage, XVG could find real use on porn sites, unless they work on a global fiat-to-XVG exchange too; else, it is just way too "messy".

I also don't have faith in the ability of the present team, and once successful, who is to say that PornHub or any other sites would continue to make the partnership exclusive with XVG? Hence I had sold off my XVG speculative/day-trading stake just before the announcement.

However, this news of a partnership with a segment of the porn industry can only be good for the whole cryptocurrency as a whole -- yet another example to demonstrate actual adoption of cryptocurrencies.


There are fiat-xvg exchange  litebit is one of them which i use btw. 2 secs and you have your verge in your wallet, which you buy with your money lol

Just after the announcement the price dropped, went up a bit and dropped again. People were confused and at first many were very negative. The deal itself is a milestone for crypto, but far from perfect of course
jr. member
Activity: 201
Merit: 1
Recent news about their partnership simply undermined the price of the coin itself, many were disappointed in such actions and began to sell or transfer to others, resulting in a complete collapse. Now it will be difficult for her to rise from this hole.


The partnership itself is great, but the raised expectations were too high. People almost expected it to be some bank, visa, ebay etc lol People were shocked by the mindgeek endorsin/ usin verge.

Which other coin has an actual usefullness ( in the sense of buying something) ? Besides cooperation with tokenpay will make this coin even more relevant and valuable.

We will have to see what the next steps will be and how verge will be valued by investors.

They made the mistake to hype the deal way too much, this raised the expectations unrealistically. So they were dissapointed Grin
jr. member
Activity: 171
Merit: 3
Also since they are partnered with PornHub, they are now officially the PornCoin. So does this mean XVG isn't Halal anymore to Muslim investors?
Doubt it. Embarrassed
member
Activity: 140
Merit: 10
I believe this coin will keep living even after very long time in development. It is one of the best anon altcoins in the market. My only concern is its' cap. Too high to hold for short term investors. But still I plan to buy this one coin.
full member
Activity: 378
Merit: 100
Verge takes a not good step in the partnership, of course, this will be detrimental to them, this adds not good reputation on their portfolio, investors will not want to take a high risk speculation for coins that don't have good potential, because when the market having a price correction, coins like this will get fall dip usually.
full member
Activity: 420
Merit: 108
Btcp passes verge !!!!!!
legendary
Activity: 1372
Merit: 1001
The situation around VERGE is very incomprehensible to me. But I do not want to risk my money any more, so I decided to sell it out. It seems to me that now it is a reasonable choice for those people who had this coin in portfolio.
legendary
Activity: 2674
Merit: 1226
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You know, perhaps I underestimated some of the newcomers and investors of some coins. I'd always taken you Verge guys to be just part of the shill machine. But judging from the majority of comments even from holders, I'm actually quite surprised to say that a lot of you actually were disappointed in this massive backfiring of a partnership. Maybe you're not all the sheep XVG devs are taking you to be after all.

P.S. Sold everything except 100 XVG. Who knows?
full member
Activity: 448
Merit: 100
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People who want to watch videos on adult content sites and hide themselves can invest specifically in XVG. In particular, fathers and bureaucrats who want to conceal their identities may take this path so that their actions are not exposed.
full member
Activity: 308
Merit: 100
I lost confidence in this coin. Now it's hard for me to understand why the price fluctuates so much. It seems to me that this project has problems. At the moment I prefer to watch this coin from the side.
jr. member
Activity: 196
Merit: 7
Verge has very good devs and a solid fan base. I hope that XVG will reach the sky! Verge has all the elements needed to be a successful currency.
hero member
Activity: 2240
Merit: 953
Temporary forum vacation
It has not been another coin that has fallen in price since it has made a partnership agreement before Cheesy It's a pretty ridiculous situation.
Prices have risen so fast, usually after the news of the partnership news, this is the exact opposite Cheesy

Yes, incredibly surprising. But to be fair, the prices really did jump for a while. I mean, I managed to sell above 1k sats AFTER reading the news, I guess holders just needed time to process and digest the news, and then they found out their stomachs did not really enjoy the flavors of porn. Porn is a big industry I agree. But do you really want your major userbase to be associated with the adult industry? What happened to ideologies of privacy coins? Is it that we need to hide? No,,,
legendary
Activity: 1568
Merit: 1041
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It has not been another coin that has fallen in price since it has made a partnership agreement before Cheesy It's a pretty ridiculous situation.
Prices have risen so fast, usually after the news of the partnership news, this is the exact opposite Cheesy

That's because the news were already priced in since their pre announcement plus early leak of pornhub. This is still pretty amazing although people hold a grudge against verge, pornhub accepting it as payment is huge. At the end of the day there are plenty of other shit coins that have no partnerships, no working product and still are top 100
What happened is only good that leaked announcement has already gain high price and there's too much hype with that until the time that they announce it starts selling the news and until this time xvg still was dumping. I know that many where disappointed on this partnership but at least they have used. Soon it will be used not only in pornsites.

Buy the rumors, sell the news. It's a classic saying in trading and it's usually true. I don't think real verge holders were disappointed, it's great news really and I don't even have verge but seeing all this hate for them made me interested. Probably a lot of people bought it with the idea to dump it before or right after the announcement was made public.

This is exactly what I did.. It's a very easy way to pick up some extra coins. Just sell the day before the news. Then buy back in a few days/week later. I'm already +30% on my investment. Increased my holdings in xvg by almost 1/3. Completely free and easy coins. Did this back in December on New Years as well. That one worked out really well for me.
jr. member
Activity: 313
Merit: 1
People thought Amazon (stupids) and they got Pornhub well if coin will be adopted on pornsites coin will stay alive and there is another possible growth.Atleast it looks like that Verge is not exit scam but yes it very controversial.
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