Verge market movement was in hibernation for a while however Giant is awaken,when RSK smart contract is implemented verge will ROARRRR
ROAARR i'm ready. What is your speculation what the price would be once RSK contracts have been implented.
My personal gut feeling is 1K would not be out of the question. After the run crypto has been having I could be spot on or way under, but I think with will come close in the next 1-2 years. Maybe in the next few months if RSK works out.
That's a big number you're saying. Also RSK get implented soon and you're talking about 1-2years?
It all depends on adoption. But RSK gives more people a reason to use VERGE. It also depends on how the RSK roll out goes. Once that happens I would expect prices to go up some. How much is any ones guess. But new higher price floors are occurring all of the time. A lot of old timers here thought 10-20 sat was an unsustainable price, but we've been over 30 sats for 10 days. Will it stay above. I have no idea, but the odds are better now then a year ago.
Also 1K wouldn't be solely because verge implemented RSK. It would be based on the whole Verge package. Also based on a lot of "new" money coming into crypto and needing a place to go. I think your going to see all prices grow in the coming few years.
Also, if you take a look at today's market, if we get to the same cap as Monero moving forward (Seeing that is the closest competition) we would be around 2160 sat, so I don't think the 1K sat price is out of the question. My question is why does Monero have that large of a market cap and how do we get up to that level. Do they have the market in A secure, private, untraceable cryptocurrency?? Dev, would you mind sharing your thoughts here? Did they just make it to the market first and have marketing behind them? Just wondering if that is the difference or how we better than any other coin out there? Seems like if we are, they we should be at their spot and even above. Especially if we are going to be a combination of ETH and Monero. Is this true once we add RSK? Thanks in advance Dev for everything and your quick responses to everyone!!
Also, last year this time they were $1 and now they are $42!!!
HOW??
Just my 2 XVG's. It will be a combo of ETH and Monero, but just as in ETH has smart contracts, and Monero has privacy. I'm assuming ETH has much more then what RSK is going to provide, and Monero is anonymous, but in a different way. Last I knew Monero was talking about running on the TOR and/or I2P network. I never heard that they actually did it. (I've also heard they have a GUI in the works, but doifferent story). Monero's Ring sigs is a snazzy feature, I've never looked into it, but I guess that is how they prevent following the paper (blockchain) trail. But it opens other stuff up by not being publicly audit-able. But I don't know of a why you could have both.
I'd like to hear what the dev has to say. He should have a much better handle on the tech, then I do. I'm just a shade over a noob.....