[$XVG] VERGE [POW][MultiAlgo][TOR/i2P][no premine/ico!]

[Vergemaker]

Hello all Vergers,

i recently have had some doubts about the current supply of 14,383,080,442 XVG. Not that it is too much, but i think we are to close to the maximum supply. We mined in last 5 month 1 billion coins, if this will continue, the mining will end in 2 years from now. Where is then the reason to mine that coin and invest computing power to it? The only reward will then be the transaction fee? Where does this lead? Can somebody answer this questions? I have a big bunch and will hold it anyway, but i fear the network will get slower then or even get stuck? To 16,555,000,000 XVG is only to billion left. If verge gets now more popular, the mining mighjt get even faster. Where and when does the difficulty adjust and how does it ensure that miners will not leave the network? Is there an overview of expected behavior of the network for different scenarios?

good question !!   i  worry  about the  supply  as well . soon there will be no  coins to mine  What  then 

[MrBabineni]

Is there any good new? Or what for the raise? Any ideas?

[Rexler]

invested around $300 on june now its around $1500
i take my profit +extra
and still holding 40000 coins : ) for long term

Wow. That's a really good roi in my opinion. At least it's not bad for 6 months hodling period. Verge has shown solid performance over the last couple of months. Glad it was well wothe wait. Congratulations!

[futurebitcoins]

Is there any good new? Or what for the raise? Any ideas?

Not sure. But today most of the altcoins are going down because Bitcoin is moving up now.

[Coin-Snake]

Anybody know why Electrum Wallet - Windows is most the time not connected ? 

[cadilles]

John Mcafee is praising XGV on his twitter including defending the haters.
Follow him.

[CryptoJohn]

hahahahaha, nom nom nom.

Weak hands make this so easy.
Even when I tell you to hold, you sell...lol

Lets look at marketcaps:

Monero eats a bag of dicks and its marketcap is $4,000,000,000 https://coinmarketcap.com/currencies/monero/

Verge is awesome sauce and its marketcap is $231,000,000 https://coinmarketcap.com/currencies/verge/

Do the math.

That will be me you're panic buying from. Not to be confused with selling personal bags.
Thanks in advance.

[Coin-Snake]

This is same problem I have not a good feeling to store the coins this way

https://www.reddit.com/r/vergecurrency/comments/76p2um/verge_electrum_wallet_long_wait_on_broadcasting/

[CryptoJohn]

This is same problem I have not a good feeling to store the coins this way

https://www.reddit.com/r/vergecurrency/comments/76p2um/verge_electrum_wallet_long_wait_on_broadcasting/

at this technological phase of crypto I feel most secure with a local client wallet. You can export your private keys and use those time and again should you have a wallet issue or stolen / destroyed computer.

Get all assets off the exchanges. Only bad things happen with exchange held assets including panic buy / sell decisions, security, ect.

[reputation]

the price stand in a high place for several days, do you guys think whether will it fall back or not?
maybe it will go on like ltc days ago

[Vergemaker]

can  anyone answer  to this

"
i recently have had some doubts about the current supply of 14,383,080,442 XVG. Not that it is too much, but i think we are to close to the maximum supply. We mined in last 5 month 1 billion coins, if this will continue, the mining will end in 2 years from now. Where is then the reason to mine that coin and invest computing power to it? The only reward will then be the transaction fee? Where does this lead? Can somebody answer this questions? I have a big bunch and will hold it anyway, but i fear the network will get slower then or even get stuck? To 16,555,000,000 XVG is only to billion left. If verge gets now more popular, the mining mighjt get even faster. Where and when does the difficulty adjust and how does it ensure that miners will not leave the network? Is there an overview of expected behavior of the network for different scenarios?



thanks

[Dogedarkdev]

can  anyone answer  to this

"
i recently have had some doubts about the current supply of 14,383,080,442 XVG. Not that it is too much, but i think we are to close to the maximum supply. We mined in last 5 month 1 billion coins, if this will continue, the mining will end in 2 years from now. Where is then the reason to mine that coin and invest computing power to it? The only reward will then be the transaction fee? Where does this lead? Can somebody answer this questions? I have a big bunch and will hold it anyway, but i fear the network will get slower then or even get stuck? To 16,555,000,000 XVG is only to billion left. If verge gets now more popular, the mining mighjt get even faster. Where and when does the difficulty adjust and how does it ensure that miners will not leave the network? Is there an overview of expected behavior of the network for different scenarios?



thanks

1 billion in 5 months? where did you create that figure from?

714,000 to 2,124,000: 1,560 coins <- we are here
2,124,000 to 4,248,000: 730 coins - this is next

a few of us were brainstorming the other day in our discord chat, and came up with about 7 years left of proof of work... (before the block reward becomes transaction fees)

[Vergemaker]

can  anyone answer  to this

"
i recently have had some doubts about the current supply of 14,383,080,442 XVG. Not that it is too much, but i think we are to close to the maximum supply. We mined in last 5 month 1 billion coins, if this will continue, the mining will end in 2 years from now. Where is then the reason to mine that coin and invest computing power to it? The only reward will then be the transaction fee? Where does this lead? Can somebody answer this questions? I have a big bunch and will hold it anyway, but i fear the network will get slower then or even get stuck? To 16,555,000,000 XVG is only to billion left. If verge gets now more popular, the mining mighjt get even faster. Where and when does the difficulty adjust and how does it ensure that miners will not leave the network? Is there an overview of expected behavior of the network for different scenarios?



thanks

1 billion in 5 months? where did you create that figure from?

714,000 to 2,124,000: 1,560 coins <- we are here
2,124,000 to 4,248,000: 730 coins - this is next






a few of us were brainstorming the other day in our discord chat, and came up with about 7 years left of proof of work... (before the block reward becomes transaction fees)

Thank  you  DEV for making  it clear  .I can sleep  well  at  night now .  7  years is good enough for me

[Coin-Snake]

Hi so for those who are not so inclined in this .... like me for example
This is for people that having a problem with connection with the normal Electrum wallet
 I did try out the Tor wallet and it works good you can take your seed and recover with tor electrum no problem and no connection problems at this point. 

[Trepsu]

Can anyone knows why github repo is not uptade since long time? I mean the main repo for verge currency not website repo. As a programmer I think this is strange to don't make any commits for so long time.

[TheMrJ]

Hi

What is the hash rate for a GTX 1060?

Thanks

[sparker327]

John Mcafee is praising XGV on his twitter including defending the haters.
Follow him.

yes he did, here is the article about it

https://cryptovest.com/news/john-mcafee-verge-xvg-is-the-best-buy-xvg-price-doubles-overnight/

[abudfv2008]

Hi

What is the hash rate for a GTX 1060?

Thanks

8-8.5mh

[minerbro]

I hope XVG next year will rising.
I still hodl  even not too much.
XVG community in telegram is big , that is proof why this coin have a good value for long term and dev is very active 

[wttbs]

I just installed electrum-xvg 2.4.1 on linux 16.04, all went fine, wallet starts but stays off line. Does it take time to connect? or are there other thing I need to do or install?