Verge's technology may be good. But the price is very swollen. I have to be very careful when buying. It can be knocked down on a name.
The price got huge bump, but if we compare it with similar coins - Monero then this price still very cheap. Because of verge's huge supply, it will never reach the value of Monero. All other things being equal, verge should reach 0.1 of moneros price if it’s just down to supply as it has x10 more coins. However, are all other factors equal??!!! 🤔 No it should not... XVG is bitcoin behind tor with stealth addresses to hide the receiver... it's not anonymous at all monero also hides: - sender: ring signatures - amount being sent: ring ct Not sure if any of you XVG-fans do any reading, but here's some research that shows how detrimental optional privacy and not hiding amounts is for privacy: https://z.cash/blog/new-research-on-shielded-ecosystem.htmlals, compare this: https://verge-blockchain.info/richlistand https://moneroblocks.info/richlistnow tell me which is most private? |
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HODL Verge XVG.. It'll touch $2 dollar in few months.. XVG Verge wraith technology was good..
wraith is just stealth addresses to hide the receveir... other coins have this since 2014, and also hide sender (ring signatures) and the amount (ring ct)... Verge is bitcoin behind tor with optional anonimity which is detrimental for privacy: https://z.cash/blog/new-research-on-shielded-ecosystem.htmlso no, the XVG-technology is not good |
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I like DeepOnion seems like the coin that will likely get more attention because of the great community and also the tech that gets steadily involved.
Sumo and Spectrecoin are also good choices, but dont go with verge! It was nice for a quick buck but nothing more. It will go down from where it is now.
Still my favourite is DeepOnion, they get some really nice speed these days and 100$ is surely possible so atleast an x5 for people who want to join now.
but why??? deeponion is not an anonymous coin, it has a rich list. This means: - you send onions to me
- I get to see your address
- I can copy your address and look into the block explorer
- I can see how much onions you have, whom you transacted with, how much, at what time, etc...
http://explorer.deeponion.org/richlistPlease explain how this is an anonymous coin. Imagine you transfer money to me, and I can see how much is in your bank account, when and for how much and with who you transacted... would you say that is anonymous? It's not anonymous, the fact that transactions go trough tor doens't make it anonymous. NAV is far away more anonymous then thar deeponion crap I agree, deeponion is not anonymous... NAV uses centralized mixers though and also has optional anonimity, which is no good... |
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News flash! Nobody cares about your principles of decentralization. Take your FUD and move on people.
A lot of the new money coming in could care less and some may even feel more comfortable with a more standard "centralized" institution controlling the price.
If you're smart you will hedge your bet between centralized and decentralized crypto's,
Lol, 4 month old account is gonna coma and tell nobody cares... how old are you kid? Have you seen what happened in 2008, did you look into the abyss of total global financial destruction? Don't think so... You should read up on history and learn what centralized institutions who control the money supply tend to do with that power... I was smart in 2012 when I entered the crypto-sphere. So I've been smart for about 6 years already. You've been smart for what, 4 months??? I hope for you that in 6 years you can still tell people how to be smart... good luck, and best regards First off I'm not a kid, Second I'm an libertarian turned anarcho capitalist "Principal wise"... So, trust me I know what you are saying 100%. I used to FUD this coin when it was bouncing from 16-20 cents and my friends were all getting on the boat. Had I not stayed away from this coin because of my "Principles" I'd be doing really well now. I can't complain though I bought in around 90cents and sold everything at $3.13 then bought back a small bag from my profits around $2.00. its all free money to me at this point. I finally jumped in the crypto market last April-June and I've learned a lot since then. I hope i'm rich in 6 years !!! lol  Then why not buy a coin that fits your beliefsystem and has lots of potential still... Look at monero... Look at mimblewimble/Grincoin (it's not even out yet...) But I get what you are saying too, I'm not averse to making money or something... But you shouldn't call calling out XRP for what it is (digital version of our current f-ed up monetary system) FUD... facts are facts, not FUD |
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News flash! Nobody cares about your principles of decentralization. Take your FUD and move on people.
A lot of the new money coming in could care less and some may even feel more comfortable with a more standard "centralized" institution controlling the price.
If you're smart you will hedge your bet between centralized and decentralized crypto's,
Lol, 4 month old account is gonna coma and tell nobody cares... how old are you kid? Have you seen what happened in 2008, did you look into the abyss of total global financial destruction? Don't think so... You should read up on history and learn what centralized institutions who control the money supply tend to do with that power... I was smart in 2012 when I entered the crypto-sphere. So I've been smart for about 6 years already. You've been smart for what, 4 months??? I hope for you that in 6 years you can still tell people how to be smart... good luck, and best regards |
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I like DeepOnion seems like the coin that will likely get more attention because of the great community and also the tech that gets steadily involved.
Sumo and Spectrecoin are also good choices, but dont go with verge! It was nice for a quick buck but nothing more. It will go down from where it is now.
Still my favourite is DeepOnion, they get some really nice speed these days and 100$ is surely possible so atleast an x5 for people who want to join now.
but why??? deeponion is not an anonymous coin, it has a rich list. This means: - you send onions to me
- I get to see your address
- I can copy your address and look into the block explorer
- I can see how much onions you have, whom you transacted with, how much, at what time, etc...
http://explorer.deeponion.org/richlistPlease explain how this is an anonymous coin. Imagine you transfer money to me, and I can see how much is in your bank account, when and for how much and with who you transacted... would you say that is anonymous? |
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sumokoin is a fork of monero.... i prefer spectrecoin. Best and innovate technology
correct about sumokoin, it's just a cheap copy with a huge 10% premine... they bring nothing new to monero... about xspec: it's pure vapourware at the moment... There's no proof whatsoever that they cracked stealth staking. There's no white paper, there's no technical details... there's no peerreview, there's just (empty) promises... |
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But the proof is coming, and the math will be released shortly before v2.0 is implemented.
Thank you anonymous person on the internetz, if you say so... will buy xspec now... |
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Nevertheless, as if someone did not like now XVG, it is ahead of all other projects and teams at the moment.
oh god, no it's not ahead... it's bitcoin behind tor with stealth addresses... monero had stealth addresses since 2014 but also hides amounts, let me show you what happens with optional privacy and not hiding amounts (like verge): https://z.cash/blog/new-research-on-shielded-ecosystem.htmlyou're just parrotting the xvg-devteam that lies, and the fanboys that don't know any better... maybe try to do some actual research for yourself... |
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v2.0 that releases stealth staking will be available in Q2 2018. I actually spoke to one of the devs in the last hour and he told me this: the algorithms that facilitate stealth staking will not be made public until the release of the ghost paper, shortly before the release of v2.0 The reason for this is that if they made the math behind stealth staking public now, a few months before they release stealth staking, anyone could come and steal their project! It would be crazy to release the math this early.
Ya, I spoke to my uncle yesterday and he will release stealth staking in one week. Unclecoin is gonna be huuuuuge... can't show any technical details though, someone might steal it BUY UNCLECOIN NOW NOW NOW sigh... how is it that absolutely noone knows the scientific process that should proceed releasing such a new thing as stealth staking. A white paper should be written, it should be peerreviewed by cryptographers and the scientific community. It should be thoroughly vetted and put into code and then peerreviewed again... by all means, trust some dudes saying they solved something that big without showing you any proof... No, it would not be crazy to release the math early, it would be normal, so people can look at it and make sure it's foolproof so idiots don't invest money in something that doesn't exist or is utterly broken... |
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Nope,
right now xspec is just an empty promise. Where is the white paper, where are the technical details... where's the math that proves they solved anonymous staking...
If they had it, they would show it, because that would make the price skyrocket, and that is after all all they want...
Right now, buying xspec is like buying a toyota at double the price, because the vendor promises you that it will become a lamborghini in the future...
This is pure vapourware. If they would have the math, they would show it, not hide it... The fact that it gets shilled here like crazy says enough... they want to create hype to offload their bags at higher prices...
best regards
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there are lots of places where you can buy stuff with monero, albeit not always very visible  and if you want you can use https://xmr.to/ so you can pay with monero wherever btc is accepted |
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Just hold on. Dont bail on XVG too fast. Give it a few months.
Why is that? It doesn't do what it promises, it leaks ip-addresses: xvg.keff.orgfurther more implementation of wraith doesn't make it totally anonymous at all, look at this research where transactions can be deanonymized because amounts aren't hidden: https://z.cash/blog/new-research-on-shielded-ecosystem.html in XVG amounts aren't hidden either and privacy is optional too... This coin is only hype and marketing and almost nothing more, just another shitcoin really... You do realize Wraith is live and you can toggle privacy on/off? If you compare the number of rows on that site from Jan 4th to today or yesterday, you can see that the transaction count is reduced by a lot. Maybe some users are not using the private ledger? You should read the link I posted: optional privacy is bad, if you're one of the few using optional privacy on an otherwise public ledger you tend to stick out, certainly when the amounts aren't hidden... Wraith has nothing to do with the ip-addresses by the way, wraith is about stealthaddresses used on the blockchain, so wraith does not have an impact on obfuscation of ip at all... So don't really know what you're on to here... anyway, good luck, if I may give a tip, and please don't take this wrong... I don't think you did your due diligence, you just listened to what the dev-team of XVG says about the coin... but that's not correct! You should always research for yourself! best regards, |
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Just hold on. Dont bail on XVG too fast. Give it a few months.
Why is that? It doesn't do what it promises, it leaks ip-addresses: xvg.keff.orgfurther more implementation of wraith doesn't make it totally anonymous at all, look at this research where transactions can be deanonymized because amounts aren't hidden: https://z.cash/blog/new-research-on-shielded-ecosystem.html in XVG amounts aren't hidden either and privacy is optional too... This coin is only hype and marketing and almost nothing more, just another shitcoin really... |
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While it undoubtedly made a lot of money for those who invested in in early and while the price was low (read, mostly bankers), a lot more people have been burned with its hype and then sudden price drop.
See, this is not the first time people got burned on Ripple. It happened before, it happened now and it will happen in the future when they see the chance to grab more money.
This time a lot of new investments came in late 2017 and the money flowed yet again into bankers pocket.
If you really want that new house and be free from bankers influence, the best way is to vote with your money and choose something else.
Ripple should be removed from coinmarketcap.com
While I disagree with your kind of Schadenfreude, I agree with your last sentence... It should be removed from coinmarketcap.com because it's just not a cryptocurrency... I don't really care if people want to invest in it or not, can't blame people for trying to win games from the banksters, but it should be called out for what it is: https://cryptoyoda1338.wordpress.com/2018/01/04/the-truth-about-ripple/quote: XRP is 100% premined, Ripple holds 60% of the supply, controls which nodes are selected as “trustworthy” to confirm transactions, while they have paid nothing to create those tokens that people are so willingly buying at $4+ per piece and thereby make the creators insanely rich. Let us call it what it really is, digital fiat, the renewed version of the debt-based traditional fiat system, leveraged by latest technology – which eventually has nothing to do with cryptocurrency whatsoever. |
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Awesome disussion here. I like it very much. Above all: The postings from obit33. I totally agree with that. But:
This thread here is about speculation.
Although I support the idea of a a decentralized, absolute private coin, I am making profit with XRP. And in my opinion, there is much more profit on the way.
Immoral?
Maybe. But on the other hand: An objective view. Sad but true.
I understand and you are right, I was just about to wrap up... guess I just felt a little 'attacked' by some statements and wanted to defend my point of view... will go now... all the best of luck with trading and investments, wanting to make money is totally not immoral in my opinion, so go ahead  best regards, |
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There is nothing wrong with that, you can look and see my bank account, problem is not in that, why would I hide? Problem is in society, not in what I do with my bank account, if everyone has food, house, other things that help build family, why would I care about my bank account, why would I need one at all?
Take Bitcoin, 11 million of bitcoins were created by the end of 2011, just 3 years. Not a big effort. No-one cares in nowadays about rest of the coins, because most coins in concentrated in hands of exchanges and other guys like Winkelvoss brothers.
This is hard to call work, the rest is just illusion to produce fake value "We mine", common like.
Hmmz, and you said I was living in some utopia First gold that was mined was also easy... doesn't really matter, gold still represents scarcity, it still represents all the work in all the ages that was put in mining it... Anything that comes out of nothing at no cost is worth 'nothing'... Anyway, agree to disagree, glad we can end this discussion in a more civilized way then it started... best regards, |
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Sorry, I dont mean to condemn your personal ideology and of course you're free to express your opinion. Its just that I have a negative visceral reaction to that name. IMO Rand was completely full of shit. her theory of objectivism is ridiculous. I also happen to prefer Tribalism as the tribe is humanity's natural social unit, just a product of evolution, and as for the obsession with privacy some have, while I sympathize, to me its kinda like standing in front of an avalanche and shouting "I defy this!". I think it is inevitable we are progressing toward less and less privacy. I'm not saying I agree with this, (there is no agreeing or disagreeing the avalanche exists) but how, given obvious technological and societal trends, can we avoid being swept away? and ultimately I do prefer transparency to secrecy.
Haha, no problem dude... by the way, who says it's my personal ideology... I kinda just like that particular quote of hers (and some others for that matter)... Doesn't mean I agree with her theories... I respect your opinion. I think it will be a difficult fight indeed, but a society without privacy I think will be a totalitarian society... If you have some spare time I can advize you to read 1984 by Orwell, it was written in 1948 and paints a grim picture with some trends that are clearly visible now... and they're not the good ones... Imagine living like this:  |
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Aren't your bitcoin miners middleman in this case, and more greedy than any bank? I mean, charging $50 for $1 transfer...really???
Surely I'm not saying bitcoin is perfect! But there are other decentralized and trustless cryptocurrencies solving this specific problem in some ways without me having to trust some central corporation... I found this quite a good read actually: https://tomluongo.me/2017/11/16/the-foundation-of-the-next-cryptocurrency-bull-market/Not saying he's right, but interesting hypothesis nonetheless... best regards |
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So far you did not answer my questions, you did not provide me any argument. Decentralization will not be born from thin air, even Ripple is not printed from thin air like many of like you spread. It has an circulation of 100B coins, 55B was put into escrow (useless step though, instead of "Ripple can dump" people like you started to say "Ripple can print", though Ripple did it just for community not that they needed that to do).
Once again, decentralization will not born, just because you strive, like you will not produce poo without consuming something, you can strive in toilet as much as you can, but first eat than do poo.
As of privacy, you lost it when you bought your first modem from Telco and started typing into thing called internet, its the same as to write on the wall in public place, or shout.
Your first 2 sentences are more of an opinion. You're right about the printing though, there's a limit on the number of ripples. I was more talking about the fact that they were just 'created' by 'a push on the button'... There wasn't any energyconsumption, no work, a rippletoken represents nothing... So because there's a lack of privacy now, we should just give everything away according to you, we shouldn't care anymore... I'll ask my very simple question again then: edit: and just one simple question: You would be okay with it, that if you sent me money by bank, that I could see how much you have on your bank account, that I could see whom you transacted with in the past, for how much, how many times... yes?
Would you please answer it now? |
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