Hi guys. Im new to this and planning on buying and Hold for a while.
I have a quick question: Whats the difference between Core and Electrum Wallets??
@Yulian07 I believe the for the core wallet, you'll need to download the blockchain. The Electrum wallet connects to servers that have the blockchain so you don't have to download it. Personally I like prefer to run 'core' wallets but i have to admit I never used the Electrum wallet.
About the future price:
Given the Verge coin count of 14.3 billion:
- at 0.00001000 BTC (1000 satoshi) , XVG would currently have a market cap of 2.3 billion $, which would make it the #16 cryptocurrency.
- at 1$, XVG would have a market cap of 14.3 billion $, which would currently make it the #6 cryptocurrency, just after LTC.
- at $1000... well, that would be nonsense.
Personally, I think Verge is a great cryptocurrency that would definitely deserve a #16 ranking (so: 1000 satoshis or about x15 from where we are today).
Once people realize that an open ledger (the blockchain) means 'no privacy', they will start looking for privacy-oriented coins like Verge. And it does a great job at that.
Behind the scenes a lot of development is going on, making it an even better coin in the future.
Don't believe the FUD (fear, uncertainty & doubt) and always DYOR (do your own research).