Verge VXG - To challenge Monero?

Discussion in 'Digital Currencies' started by BuggedOut, Dec 22, 2017.

  1. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    This one has popped up on my radar this week. Having a pretty stellar speculative run and showing resilience during the recent sell-off. Currently priced around 0.136 USD.

    Anyone here looked into this? Used it? Have an opinion to share?

    It might just be another pump-and-dumper but some of the ideas in the black paper seem clever. Such as integrating with TOR for instance could be next-generation privacy tech that could challenge Monero as the market leader?
     
    southerncross and mmm....shiney! like this.
  2. Soprano16

    Soprano16 Well-Known Member Silver Stacker

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    John McAfee‏ Verified account @officialmcafee
    I am inundated by people asking me for recommendations on cryptocurrencies. If you would use your heads you would figure out that the privacy coins (anonymous transactions) will have the greatest future. Coins like Monero (XMR), Verge (XVG), or Zcash (ZEC) cannot lose.

    He posted that on December 13, and as soon as he did the pump began. This single tweet is what caused the pump, and I can say that with 100% certainty because I've been following all of this ever since he tweeted, and if you look around online you'll see the same

    As for whether it will compete with XMR etc, I'm not sure, but for now I would just suggest to continue to monitor it and keep an eye on things

    Prior to the past 24 hours of mayhem, in the week or so prior we were seeing several coins worth 1c etc getting really big pumps, and in most cases dumps, but Verge being a privacy coin at such a cheap price should have long term sustainability in my opinion
     
  3. leo25

    leo25 Well-Known Member Silver Stacker

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    This guy nailed it! He made the video just before the massive run up.

     
  4. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Verge has doubled in the last 36 hours.

    Amazing to see it defy the broader sell-off.
     
  5. leo25

    leo25 Well-Known Member Silver Stacker

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    The power of John McAfee, I'm now going to follow his twitter page. DigiByte did a 100% pump after he made a tweet about them too. What a joke.
     
  6. JNS

    JNS Active Member Silver Stacker

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    It will take a little time, been on the suddens and massive spike and it really benefits me, too risky but if you bought it low in the beginning, there is nothing to worry but all gains.
     
  7. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Clearly it has got some exposure. Have you read the black paper?
     
  8. JNS

    JNS Active Member Silver Stacker

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    0.18 drop from 0.24 cents - that hurts if you have 100k XVG
     
  9. dozerz

    dozerz Well-Known Member Silver Stacker

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  10. leo25

    leo25 Well-Known Member Silver Stacker

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    The short answer is no. But that shouldn't surprise you in this crazy market.

    Sorry I misread that. Yes it had exposure, but had no meat behind it.

    Black paper :D they are so alternative.
     
    Last edited: Dec 26, 2017
    southerncross likes this.
  11. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    More meat than I've seen elsewhere, but point taken.

    I thought they had some good ideas in there but I haven't checked out the team. It was a highly speculative play and I haven't been making many of them lately. Anyway, profits taken for now.
     
  12. SilverDJ

    SilverDJ Well-Known Member

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    Verge is killing it relative to bitcoin, big recovery

    upload_2018-4-10_17-26-4.png
     
  13. Soprano16

    Soprano16 Well-Known Member Silver Stacker

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    Verge is a classic Pump and Dump coin
     
    mmm....shiney! and leo25 like this.
  14. Soprano16

    Soprano16 Well-Known Member Silver Stacker

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  15. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Plenty of blind monkeys driving up price though. Didn’t they get hacked recently at $55k usd an hour lol.
     
  16. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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  17. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    How big is the porn industry?
    "According to various reports, currently, the porn industry’s net worth is about $97 billion.
    Every year, Hollywood releases roughly 600 movies and makes $10 billion in profit. And how much porn industry makes? 13,000 films and close to $15 billion in profit.
    The porn industry makes more money than Major League Baseball, The NFL and The NBA combined.
    Approx 12% of all internet content is Porn & approx $3000 per second is spent on it"
     
  18. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Verge is still being hacked lol.

    These muppets are laughing stocks

    Didn’t pornhub starts accepting bitcoin three years ago?
     
    Last edited: Apr 18, 2018

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