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Question: best coin on the market?
VERGE - 281 (41.7%)
XVG - 393 (58.3%)
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Author Topic: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]  (Read 777191 times)
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MiCoSa
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May 13, 2018, 10:43:48 AM
 #12341

Somehow i have a feeling that soon Digibyte DGB will pass/overtake us without a mega deal of the year  Roll Eyes
(Just a bit of black humour, but the gap gets daily closer and closer)

Digibyte is a very good project too i think, but there are some different goals of the two coins. Verge is trying to get an widely accepted coin for payments. Digibyte is trying to offer a lot of options around the payment itself (see the new Digi-ID option for example). Anyway, i think both, Verge and Digibyte, are real good projects. I am invested in both coins.
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May 13, 2018, 10:59:40 AM
 #12342

I have no idea about your first question. About the second question, i suppose it will be a Visa or Mastercard. So you will be able to pay everywhere, where they accept this card. The merchant you buy from will not even know, that you pay with your coins, as he get his payment in fiat.
And what's the point if the seller I'm buying from gets fiat? Convert it again fees, there is no benefit there.

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May 13, 2018, 11:19:12 AM
 #12343

I have no idea about your first question. About the second question, i suppose it will be a Visa or Mastercard. So you will be able to pay everywhere, where they accept this card. The merchant you buy from will not even know, that you pay with your coins, as he get his payment in fiat.
And what's the point if the seller I'm buying from gets fiat? Convert it again fees, there is no benefit there.

The benefit is, that you can use your Verge in all day use cases. You can use it to pay anywhere and anything. This is one step for the so called mass adoption.

You could for example buy Verge coins, because you think they will rise and be worth more in future or just because you want to support the project. But anyway you have the possibility to use it (like fiat) when you need parts of the money invested.

I think this is much benefit. It will take some more years until you can pay with cryptos and the merchants will keep the cryptos. This will happen if we have the mass adoption and together with this we have more stable prices.

Nearly no merchant can take the risk, that he gets paid in crypto and one week later, the value has maybe halved. Of course, it may also be that the value has doubled, but businesses has to pay bills, loans and salaries. They cant take that risk right now.

The other thing is, businesses cant pay there bills, loans and salaries in crypto (right now), so they have to convert it to fiat. Again, it will take some more years until bills, loans and salaries can hopefully be paid with crypto too.

You guys need to recognize, that only about 3% of the mankind are using cryptos right now. Maybe we can talk about the above mentioned things if 15% uses cryptos...

The days will come, when you can pay with your cellphone wallet at any store, or maybe there will be some things like creditcards, that works directly with cryptos without exchange in the background. But it will take some more time until we get there. One day, if you go to a shop or shop online, the price tags will show information like:

9,99$, a,b Bitcoin, x,y Verge and so on
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May 13, 2018, 11:47:38 AM
 #12344

im one of the very few businesses that would accept crypto.   but im also one of the few in my area that know what crypto is....

    I have a miner sitting behind my desk running. out of all the visitors  3 knew what it was.   maybe not alot of total visitors, but still 200 so far this year.

(and 1 came back and yapped about it)




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May 13, 2018, 11:52:30 AM
 #12345


   For my bus.    Depending on the sale, i would probably have to convert it out.
   
I do steel buildings all across the country, I would DEF have to convert it out, to pay for the building costs. (Maybe not a small carport, but def a garage size)

    If it was a wood building(shed)  I have a chance to keep it in the coin. (depending on how big and when)  end of summer, I would be fine.  but right now
at the start of my season, i would have to convert it fast.


   (Uhaul items? i could leave on the chain)

even the Uhaul rentals, up to a few Hundred bucks, i could leave on the chain.    (maybe not a trip to Cali/fl) lol

  Case by case.


but this is the big step for all coins.  Getting used.



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May 13, 2018, 01:04:12 PM
 #12346

I have no idea about your first question. About the second question, i suppose it will be a Visa or Mastercard. So you will be able to pay everywhere, where they accept this card. The merchant you buy from will not even know, that you pay with your coins, as he get his payment in fiat.
And what's the point if the seller I'm buying from gets fiat? Convert it again fees, there is no benefit there.

It is also my question. Problem is what benefits shops could gain by using debit card of Coin. Beside that, Almost people don't familiar with crypto currency, even don't trust so I think the fact that applying debit card of Coin will be a long story...

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May 13, 2018, 01:22:03 PM
 #12347

smh

    you guys know that Bitpay has a CC setup already that uses btc to fund it?

   it works.
   If you dont understand something, read about it, before you voice Your opinion.


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May 13, 2018, 03:11:36 PM
 #12348

I have no idea about your first question. About the second question, i suppose it will be a Visa or Mastercard. So you will be able to pay everywhere, where they accept this card. The merchant you buy from will not even know, that you pay with your coins, as he get his payment in fiat.
And what's the point if the seller I'm buying from gets fiat? Convert it again fees, there is no benefit there.

It is also my question. Problem is what benefits shops could gain by using debit card of Coin. Beside that, Almost people don't familiar with crypto currency, even don't trust so I think the fact that applying debit card of Coin will be a long story...

The point is, that the shop dont has to do anything. If there is a shop that accepts credit cards as payment, you can use your coin-based credit card there. The shop dont even know that you pay the credit card bill in background with coins... He gets his money in fiat. So for the shop it is the same if someone use a USD Credit or debit card or a coin based credit or debit card.

But the people that want to use coins, can do so wherever they want to and whatever they want for...
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May 14, 2018, 04:18:32 PM
 #12349

is xvg coin good to keep in the long run, and is there any potential for high bounce rates? I see xvg is being talked about a lot?


Yes, xvg coin is one of the most advance coin on crypto world. Also backed by dedicated developers that is pursuing the alternative coin for bitcoin. Thus it is a great coin to invest too. Remember last year that verge was also voted as the most promising coin of 2018. By reading the above thread, verge infrastructure are still on a great speed of implementation.

Still I wouldn't put all my money I have into one coin. Always good to be sufficiently diversified. Let's you sleep better Wink

Smart choice, do not put all your money into one place, get used to divide it into three or five different coins, so when the first coin goes down and your second coin goes up, you can still profit to cover the first coin loss, especially if all four coins you ride all, surely you profit doubled.

Not sure why you say three or five. Did you read something about that golden rule or did you come up with that yourself?

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May 14, 2018, 07:35:37 PM
 #12350

when verge in cooperation with pornhub and used as a means of payment I think many people will use verge so it will raise the price of verge but it has not happened, the current price occurs verge decreased

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May 14, 2018, 11:34:40 PM
 #12351

is xvg coin good to keep in the long run, and is there any potential for high bounce rates? I see xvg is being talked about a lot?


Yes, xvg coin is one of the most advance coin on crypto world. Also backed by dedicated developers that is pursuing the alternative coin for bitcoin. Thus it is a great coin to invest too. Remember last year that verge was also voted as the most promising coin of 2018. By reading the above thread, verge infrastructure are still on a great speed of implementation.

Still I wouldn't put all my money I have into one coin. Always good to be sufficiently diversified. Let's you sleep better Wink

Smart choice, do not put all your money into one place, get used to divide it into three or five different coins, so when the first coin goes down and your second coin goes up, you can still profit to cover the first coin loss, especially if all four coins you ride all, surely you profit doubled.

Not sure why you say three or five. Did you read something about that golden rule or did you come up with that yourself?

rather inane question... but I would say more than just 5.   that little runs a 20% risk...

better to hold 50 coins .


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May 14, 2018, 11:40:33 PM
 #12352

Anybody else problems mining Verge? It stopped totally on Scrypt for me ...
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May 15, 2018, 04:28:28 AM
 #12353

Besides the upcoming debit card, are there any other announcements planned?

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May 15, 2018, 04:42:45 AM
 #12354

What about all the XVG stolen from on CCEX. Can someone from the development team reply. I had 620K  XVG on CCEX. Supposedly CCEX lost over 200M XVG. Please HELP
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May 15, 2018, 09:10:11 AM
 #12355

What about all the XVG stolen from on CCEX. Can someone from the development team reply. I had 620K  XVG on CCEX. Supposedly CCEX lost over 200M XVG. Please HELP

What should devs do about that now? Why do you store your coins on an exchange?
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May 15, 2018, 10:08:25 AM
 #12356

What about all the XVG stolen from on CCEX. Can someone from the development team reply. I had 620K  XVG on CCEX. Supposedly CCEX lost over 200M XVG. Please HELP

What should devs do about that now? Why do you store your coins on an exchange?

What @kokayne said and also... 620k XVG is like 31.000€ or 37.000$, I find it hard to believe a newbie like you would have obtained such a huge amount. You're either trolling or you're rich.

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May 15, 2018, 03:15:35 PM
 #12357

What about all the XVG stolen from on CCEX. Can someone from the development team reply. I had 620K  XVG on CCEX. Supposedly CCEX lost over 200M XVG. Please HELP

What should devs do about that now? Why do you store your coins on an exchange?

What @kokayne said and also... 620k XVG is like 31.000€ or 37.000$, I find it hard to believe a newbie like you would have obtained such a huge amount. You're either trolling or you're rich.

You think I'm a newbie because my Bitcointalk account I'm a Jr member? But since you question the amount of coins I have here is proof, from the API information Balance":617958.56738523. I was only asking for information not for someone to be a smartass. If I developed a coin and 200+Million went missing I would want to know. We are trying to confirm that CCEX is telling the truth. THANKS
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May 15, 2018, 03:22:42 PM
 #12358

For the ccex stuff.  do you still have your xvgct balance then?

Set it to sell at 1000 or so.    if it hits market value and they buy it at that value, then you know they were telling the truth.

     (ie; you set to 1000, they have the funds to buy some of your tokens,  Market value is 780   They put up a buy order for 780. and you fill it.

   thats how it should work.

  (all those idiots selling under, i dont get)

1 or 2 pts under, ok sure. u dont want to wait.  or timing etc.  but so low.  they are selling under value, makes no sense to me.


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May 15, 2018, 03:49:10 PM
 #12359

What about all the XVG stolen from on CCEX. Can someone from the development team reply. I had 620K  XVG on CCEX. Supposedly CCEX lost over 200M XVG. Please HELP

What should devs do about that now? Why do you store your coins on an exchange?

What @kokayne said and also... 620k XVG is like 31.000€ or 37.000$, I find it hard to believe a newbie like you would have obtained such a huge amount. You're either trolling or you're rich.

You think I'm a newbie because my Bitcointalk account I'm a Jr member? But since you question the amount of coins I have here is proof, from the API information Balance":617958.56738523. I was only asking for information not for someone to be a smartass. If I developed a coin and 200+Million went missing I would want to know. We are trying to confirm that CCEX is telling the truth. THANKS


and yes. your a newbie. directly cuz your a jr member.

   that isnt much proof.

   i didnt take either of their responses as being a smartass. just blunt.  (just cuz you dont like their responses, dont make them wrong)

If i remember correclty they couldnt update correctly.  They are paying off the amount slowly to those that had balances. 

   Truth is a toughy.

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May 15, 2018, 10:26:48 PM
 #12360

What about all the XVG stolen from on CCEX. Can someone from the development team reply. I had 620K  XVG on CCEX. Supposedly CCEX lost over 200M XVG. Please HELP

they told me they had a "database error" and the coins were not retrievable. something to do with how their backup operations worked.

their plan was to credit everyone the amount lost in a token, and then they would buy them back at current btc price.

pretty sad that happened, considering we've been listed on c-cex since 2014 =\

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_///// TOR // I2P // LINUX . WINDOWS . MAC . ANDROID . ELECTRUM . WEBWALLET . GITHUB // WEBSITE // RADIO // IRC /////_
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