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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: JumboCactuar on December 27, 2017, 05:39:54 PM



Title: Is verge (XVG) a safe investment?
Post by: JumboCactuar on December 27, 2017, 05:39:54 PM
Ive seen threads this week with titles like "Sell XVG now"
Does XVG have a bright future or anything that could kill it off?


Title: Re: Is verge (XVG) a safe investment?
Post by: bountyjunkie on December 27, 2017, 05:44:08 PM
No body can be sure of that but John McAfee tweeted about it recently. Plus there is always room for more or better Moneros.


Title: Re: Is verge (XVG) a safe investment?
Post by: cryptonoob312 on December 27, 2017, 05:44:31 PM
I think it's pretty good investment. Verge is growing fast and seems to be trustworthy. I'd also recommend investing in Ripple and Cardano. They seem to me a better choice, but it's up to you anyway. Again Verge is a decent coin in my opinion.


Title: Re: Is verge (XVG) a safe investment?
Post by: JumboCactuar on December 27, 2017, 05:46:10 PM
I have currently:
ETH
XRP
IOTA
XLM


Title: Re: Is verge (XVG) a safe investment?
Post by: Cryptokingind on December 27, 2017, 06:01:19 PM
XVG is good for investment. I think hold XVG for long term provide you better returns as compare to XLM or IOTA


Title: Re: Is verge (XVG) a safe investment?
Post by: CryspRayz on December 27, 2017, 06:04:50 PM
I don't see it going higher anu time soon because it skyrocketed last weeek. Maybe it will even fall a bit. But who knows. Now it's pretty high anyway even after the pump is over


Title: Re: Is verge (XVG) a safe investment?
Post by: liquidX3 on December 27, 2017, 06:13:08 PM
Ive seen threads this week with titles like "Sell XVG now"
Does XVG have a bright future or anything that could kill it off?

I bought today XVG for 1050 satosh and will hodl. Perhaps i'm wrong but not now)


Title: Re: Is verge (XVG) a safe investment?
Post by: GambleTime on December 27, 2017, 06:25:59 PM
All anonymous cryptocurrencies should be a good investment. You should study witchone is better or can let you make some money. Verge marketcap is already high. Sure it can grow...but after JMC tweet pump....now it depends from Wraith protocol release date and IF it will works or not. Since some days verge is going back down...so I dont know if it's the best investment you can do. Other anonymous crypto are Hush, Intense, Cloack. They could all give you good gain. Among anonymous the one I like and I prefer is DeepOnion. It still has a low marketcap....so it can grow fast and it's one of the best anonymous out there.


Title: Re: Is verge (XVG) a safe investment?
Post by: ~Bitcoin~ on December 27, 2017, 06:31:13 PM
Verge had pumped in last few days just because of one tweet and there is no any other news or development update that can hold such huge surge. I am expecting more correction on price in terms of bitcoin and than long cold time for verge before it can make another bull run.

If I were you I won't invest in it at current pumped price, it is overvalued right now.


Title: Re: Is verge (XVG) a safe investment?
Post by: thompshma on December 27, 2017, 06:47:46 PM
It already has risen so much, I don't see it going on another run like that for maybe another few months.
It had a really nice run early this summer followed by months of selling. I expect the same to happen now.


Title: Re: Is verge (XVG) a safe investment?
Post by: coolcountry on December 27, 2017, 06:50:09 PM
I don't think John McAfee's tweet kicked off the bull run, because I still do not believe that McAfee holds that much power in the cryptocurrency environment. The price was pumped, sure, but it's coming back down right now, and I think we might soon have another run towards $.30.


Title: Re: Is verge (XVG) a safe investment?
Post by: Headachez on December 27, 2017, 06:50:36 PM
XVG has been pretty wild lately, but I think its a very solid coin for the longterm. There's a great team behind Verge that are constantly working on improvements as well as promotion of it.


Title: Re: Is verge (XVG) a safe investment?
Post by: Ric8 on December 27, 2017, 07:08:28 PM
XVG are quite good coin, my opinion is :
for long term should be no problem and for short term quite risky because it was pump last few day ago, and my xvg portfolio increase from $100 to $3000-$4000 about 30-40x when at the higher price. Please do not buy at higher price it will do a correction, buy at the low price and ROI come back faster. All the best XVG  :) :) :)


Title: Re: Is verge (XVG) a safe investment?
Post by: patispace on December 27, 2017, 07:22:23 PM
Actually, Verge does not seem like a bad coin, but it does not seem so extraordinary to me as many people want to make it look like. Maybe there are some thirty altcoins better than Verge, but I would not rule it out as a modest option to invest in the long term, although in this market it is difficult to speak of "safe investments" given the volatile and manipulable nature of a market that is only in its initial phases of development.


Title: Re: Is verge (XVG) a safe investment?
Post by: bathrobehero on December 27, 2017, 07:34:50 PM
It's a decent coin, yes, but it's way overpriced:

Because it was just pumped by McAfee and others.

A coin's price was around $0.20 yesterday, meaning $898,560 worth of coins were being mined every day.

Which means that price is not sustainable because the coin's market is much smaller than to be able to soak $900k each day long term. This coin is massively overpriced right now and while it might go higher, long term it will go down.
And the block halving is still roughly ~130 days away.

If you list coins by circulating supply on coinmarketcap, you can see that Verge is the 9th coin with the biggest supply. 14,392,106,994 XVG. That is a shitton of coins. Each valued at $0.20 is not realistic for a coin this size.


Also, TOR "anonimity" is nothing new but many newbies think it's some bleeding edge tech. For example Joincoin's first block was mined in 2014-08-11 and I believe it had built in TOR "anonimity" from the start.


The Wraith protocol also doesn't sound like anything new but we'll see.


Title: Re: Is verge (XVG) a safe investment?
Post by: geo43 on December 27, 2017, 07:36:24 PM
XVG price has been pretty volatile and they're new. There are probably safer bets out their like XRP or ETH.


Title: Re: Is verge (XVG) a safe investment?
Post by: TrentD_TFN on December 27, 2017, 07:37:24 PM
I definitely now see it more as a long term hold ever since the recent pump. I think the returns will be pretty decent overall.


Title: Re: Is verge (XVG) a safe investment?
Post by: Yana_M1 on December 27, 2017, 08:24:00 PM
I think Verge has fiture. And you should hodl it. It has it's own blockchain at least(not erc20 token).


Title: Re: Is verge (XVG) a safe investment?
Post by: Qrivium on December 27, 2017, 08:28:20 PM
Seems to pump and dump a lot.   I was going to buy but too much pumping and dumping


Title: Re: Is verge (XVG) a safe investment?
Post by: tiggytomb on December 27, 2017, 08:31:01 PM
There has been a lot of fuss over it recently I think possibly triggered by John Mcafee and his tweeting, this is not to say XVG is no good.  I think it is as safe an investment as many other coins and I think the attention now is deserved.


Title: Re: Is verge (XVG) a safe investment?
Post by: bitman05 on December 28, 2017, 08:55:33 AM
It's a decent coin, yes, but it's way overpriced:

Because it was just pumped by McAfee and others.

A coin's price was around $0.20 yesterday, meaning $898,560 worth of coins were being mined every day.

Which means that price is not sustainable because the coin's market is much smaller than to be able to soak $900k each day long term. This coin is massively overpriced right now and while it might go higher, long term it will go down.
And the block halving is still roughly ~130 days away.

If you list coins by circulating supply on coinmarketcap, you can see that Verge is the 9th coin with the biggest supply. 14,392,106,994 XVG. That is a shitton of coins. Each valued at $0.20 is not realistic for a coin this size.


Also, TOR "anonimity" is nothing new but many newbies think it's some bleeding edge tech. For example Joincoin's first block was mined in 2014-08-11 and I believe it had built in TOR "anonimity" from the start.


The Wraith protocol also doesn't sound like anything new but we'll see.


Title: Re: Is verge (XVG) a safe investment?
Post by: xenomorphe1 on December 28, 2017, 09:02:43 AM
No, it is not a safe investment. Buy it at a very low price and sell it after a pump. Look at the price pattern of XVG and you will know how it moves.


Title: Re: Is verge (XVG) a safe investment?
Post by: cheezcarls on December 28, 2017, 09:03:54 AM
To be honest, I don't think that every alternate cryptocurrency is safe for investing. You should invest at your own risk. As what Robert Kiyosaki, the author of Rich Dad Poor Dad, says that avoiding risk is not the best decision you have if you want to prosper later on.

Everything in life has a risk, and it's totally up to you if you want to manage risks. As for Verge, I think there's a lot of promise for this cryptocurrency. However, there are no guarantees for this.


Title: Re: Is verge (XVG) a safe investment?
Post by: allanr on December 28, 2017, 09:12:59 AM
sure it is, there always an oportunity to make profit. its better to invest in Verge than another new coin or even invest to scam ICO. ICO is nice thing as long you invest in the right project who developed by great and trusted developer


Title: Re: Is verge (XVG) a safe investment?
Post by: 1kings on December 28, 2017, 09:18:55 AM
It's a difficult question to answer. Trust me, everyone investing in it would tell you it's the best out there.

And if you see any negative review, most likely they are not convinced in the project or they missed the bus.

To my final answer, I'd put my money on it for short to mid term.

If it does well (10x minimum), I'd cash out and move on.


Title: Re: Is verge (XVG) a safe investment?
Post by: BTCat on December 28, 2017, 10:34:02 AM
xvg is a high risk investment with potential extreme profits

Now is the right time to place your bets.


Title: Re: Is verge (XVG) a safe investment?
Post by: Minor Miner on December 28, 2017, 10:38:36 AM
There are a lot of news and rumors around this coin, so people paid attention to it. I think this is one of the most interesting projects, which in 2018 may become even more popular. But there is a risk that the pump&dump McAfee could play a bad joke with it in the future...


Title: Re: Is verge (XVG) a safe investment?
Post by: helin9108 on December 28, 2017, 10:56:32 AM
Nothing is safe in crypto market but for sure Verge is high risk high return.You have seen verge was trading at 0.01$ on 10th December and in just 15 days its made new high of 0.22$ and now its trading on 0.13$, mean its rose more than 20x in just 15 days. And its fallen because of hardfork for BTC ob 28th December.It will again touch 0.25$ in next 1-2 months.


Title: Re: Is verge (XVG) a safe investment?
Post by: BeManga on December 28, 2017, 11:07:31 AM
Ive seen threads this week with titles like "Sell XVG now"
Does XVG have a bright future or anything that could kill it off?
i think its a good investment it have some active community and developer
it have just have some high supply before but in the future if it get more holder price will also rise and become stable


Title: Re: Is verge (XVG) a safe investment?
Post by: google98 on December 28, 2017, 01:46:20 PM
In my opinion, there is no such thing as a secure investment. There is a risk that is worth taking and one that is not worth it.

So, i think this project is one of the most active communities, a strong development team that regularly releases new useful functions.
   There are no commissions for transfers, or they are minimal (depends on the network load). Possibility to use 5 different algorithms for coin mining (Scrypt, x17, groestl, blake2s, lyra2rev2), and the reward depends on the total number of generated blocks. Thanks to modern encryption technologies, it differs favorably from other analogues with a high level of confidentiality.
 Instant transactions (the "simple payment verification", also called SPV, reduces the time per transaction to five seconds); operations are quick and easy.
   On the technical side, Verge has a huge potential - high security of user data, which creates demand for digital currency. After all the more statements about regulation and control from the world governments we hear, the more people will be interested in such decisions (this is a natural fact).

If you think that this is a regular pump & dump - you are seriously mistaken. The end of 2017 was marked by the growing popularity of small but profitable crypto-currencies for the shadow market. XVG just confirms this trend.

I think that risk is worth it.


Title: Re: Is verge (XVG) a safe investment?
Post by: last7minutes on December 28, 2017, 06:51:33 PM
Ive seen threads this week with titles like "Sell XVG now"
Does XVG have a bright future or anything that could kill it off?

Verge maybe is not a scammy project but this price have the features of artificial pumping and I don’t advise anybody to invest significant amounts of money in this currency.

I lost also a lot money with this guys because I deposit coins in summer to online walllet from official website that then it just dissapeared!!!
This wallet: http://verge-wallet.xyz


Title: Re: Is verge (XVG) a safe investment?
Post by: nexus2k14 on December 28, 2017, 07:56:24 PM
If I was you I will stay away from VERGE XVG for a while, this coin had mass hype and was blasted all around places with "buy" but right now price is dropping. Better buy on DIP or when crash and start increasing value again. Make sure to do home work and find out more information about project, I read few things but is not on my investing list so I won't say anything I am not sure.


Title: Re: Is verge (XVG) a safe investment?
Post by: nesso on December 28, 2017, 08:55:36 PM
i think it is not a safe investment at all. we can see a big dump. it has risen very fast and can experience very fast declines.
i stay away because it is so risky :)


Title: Re: Is verge (XVG) a safe investment?
Post by: MakersONE on December 28, 2017, 09:01:41 PM
Throughout the whole pampa did not believe in further growth and in vain. I bought and sold a coin with a difference of about 50 - 100 satoshi. Although I could earn some money. Having played, now was left with the tokens, bought for 1800, because it was a pity to sell in a minus. Something tells me that soon will be the 2nd wave of coin growth. At least I hope so  :D


Title: Re: Is verge (XVG) a safe investment?
Post by: cardoyasilad on December 28, 2017, 09:02:48 PM
In crypto there is no safe investment even you buy bitcoin doesn't mean you are safe from the risk remember price might fall after you buy it.


Title: Re: Is verge (XVG) a safe investment?
Post by: woolm110 on December 28, 2017, 09:02:55 PM
I bought in but think I bought in far too late, its since dropped a fair bit.. I'll do what I always do though and just hodl!


Title: Re: Is verge (XVG) a safe investment?
Post by: Mogsie on January 04, 2018, 08:29:45 AM
I am doing a Glen Hoddle with XVG. I have a chunk of portfolio that was always a long-term hold and a chunk of ETH to mess around with buying and selling Alt's.
There is nothing to persuade me to buy extra xvg, likewise, no panic for dump a large number.

I am currently looking at buying in to a Pre-sale, just gotta read the white paper.


Title: Re: Is verge (XVG) a safe investment?
Post by: worldtraveller321 on January 04, 2018, 08:33:01 AM
if you read about Verge it is a good technology and with other coins, really fast. it will have it ups and downs. in crypto world nothing is safe. yes sure verge got some bad press lately. and value went down due to panic selling.
but  keep in mind you never know, might be good as a long term for those no afraid of sudden up and downs.
lets see where this goes and I suggest you all to buy in.


Title: Re: Is verge (XVG) a safe investment?
Post by: Jamesbob16 on January 04, 2018, 08:44:58 AM
Oh. I just bought some Verge Yesterday , And today after seeing all comments , i am going to sell VERGE now. Because i want to live in safe Zone. Thnk You Everyone.


Title: Re: Is verge (XVG) a safe investment?
Post by: shaun98 on January 06, 2018, 07:06:28 AM
It seems pretty good as a privacy coin and I think the price will dip soon. Best time to buy some up then. Definitely a long term hodl.


Title: Re: Is verge (XVG) a safe investment?
Post by: Tomohisa on January 06, 2018, 07:11:49 AM
A decent coin but nowhere safe at this time.


Title: Re: Is verge (XVG) a safe investment?
Post by: LAODINGTOU on January 06, 2018, 07:14:37 AM
Ive seen threads this week with titles like "Sell XVG now"
Does XVG have a bright future or anything that could kill it off?
I also bought some XVG, I am optimistic about the future of this token, but as the recent increase of altcoin is very large, I am considering selling them. ???


Title: Re: Is verge (XVG) a safe investment?
Post by: ZloiRediska on January 06, 2018, 08:29:22 AM
You can talk a lot about perspective Verge and argue how safe it is to invest in it ... I will say that people often buy blatant shit that has neither developers nor prospects, nothing but a name and logo, and Verge has a serious and well-known developer and very a strong community. Therefore, the Peak is worth buying. Another question is how to find a good entry point? But I tell you from my experience, if you buy for a long time, it's almost all the same when to buy. In a year's price, everything will be higher in tens of times!


Title: Re: Is verge (XVG) a safe investment?
Post by: Kinoman on January 06, 2018, 08:32:37 AM
It seems to me that this is a very promising and reliable coin. Now many people are interested in private coins. And in the future these coins will have a very high price.


Title: Re: Is verge (XVG) a safe investment?
Post by: jiji27 on January 06, 2018, 08:51:18 AM
Yes it is


Title: Re: Is verge (XVG) a safe investment?
Post by: yslyv on January 06, 2018, 09:00:15 AM
I also invested a few days ago. iit was 1200 sats now its price dropped to 1000 sats. but i know that it will recover very soon whenever bitcoin stops and relax a bit at this point.


Title: Re: Is verge (XVG) a safe investment?
Post by: BTCat on January 06, 2018, 06:53:57 PM
I also invested a few days ago. iit was 1200 sats now its price dropped to 1000 sats. but i know that it will recover very soon whenever bitcoin stops and relax a bit at this point.

Bitcoin won't stop. But Verge will top it up !!!