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

[btctrad0r]

Verge Insider @VergeInsider Aug 16


vergecurrency and NetCents

NEWS:

Taking payment processing for merchants to the next level… NetCents, the transactional hub for all cryptocurrency payments, just announced that they will add #Verge to their Merchant Gateway.

#XVG #Crypto #Cryptocurrency #Business #Tech

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[jannamaile]

I was very interested in your project. What can you tell us about the verge social network? When do you start?

[drogba773]

It's good to see XVG still sideway under $0,03.
I wish all the best for the project to surpass its hardest time (almost hardest).
I gonna HODL my xvg as tight as possible, as long as possible, might be years because it will strongly bounce back as I can smell the whale just keep dumping to buy as many as possible

[fishervwb]

Development Update on Verge #3



There are three things that we would like to cover in this development update:

-Outcome of the Twitter poll
-Technical storage of wallet keys
-Further insights into the current development

https://medium.com/vergecurrency/development-update-on-verge-3-afb75e205ced

[SCAMcoinTalk]

Is it just another instamine scam?

Boring

[giantkin]

Coin is old.   no instamine.   

newbie posting just to put your nick out there for advertisement with no idea about the topic is what it looks like to me.

    Poor way to advertise your own site.

[nick1492]

Yup coin is old. Establish community. Applications revealed. Softwares upgrades. More innovations coming in. More exchanges adopting this coin on their list. Verge, truly is the most promising coin of 2018.

[jwinterm]

Coin is old.   no instamine.   

newbie posting just to put your nick out there for advertisement with no idea about the topic is what it looks like to me.

    Poor way to advertise your own site.

Just because it's old doesn't mean that there was no instamine. Something like 80% of the total coin supply was emitted in the first three months when it was a generic scrypt clone called dogecoindark (I believe competing with another clone also called dogecoindark). Look at the difficulty of the first 10k blocks, there was no one mining - that's basically the definition of an instamine. Not so blatant as xcoin/darkcoin/dash, but probably more effective in the end.

Difficulty of block 100 was 0.0002:
https://verge-blockchain.info/block/0000055015da34f2127c1122a8b8cf82e23e599ac109a56f5d5016fa8b8f8acd

Difficulty of block 1000 was 97:
https://verge-blockchain.info/block/0000000001b5809284949abb8be7e0e0d1d5de9d2be00585bc41de5573c1670a

Difficulty of block 10000 was 15:
https://verge-blockchain.info/block/00000000067648d2b616907a34a6fedd861db15868027e0b4c5dd83a0a9f74bb

Difficulty of block 100000 was 32:
https://verge-blockchain.info/block/00000000067648d2b616907a34a6fedd861db15868027e0b4c5dd83a0a9f74bb


During the same time period, Oct 2014 to Jan 2015, the difficulty of litecoin was 40000-50000, which about 5x of that difference is due to the difference in block time, I think doged was 30 s and ltc is 150 s, but that still makes about 1000-5000x more hashrate on the litecoin network at that time, so maybe a few ASICs were the entirety of the doged network, maybe 10 or 20 at the most.

Bottom line, there was basically no one mining dogecoindark when the vast majority of all the coins that will ever exist were created.

[SCAMcoinTalk]

Coin is old.   no instamine.   

newbie posting just to put your nick out there for advertisement with no idea about the topic is what it looks like to me.

    Poor way to advertise your own site.

Just because it's old doesn't mean that there was no instamine. Something like 80% of the total coin supply was emitted in the first three months when it was a generic scrypt clone called dogecoindark (I believe competing with another clone also called dogecoindark). Look at the difficulty of the first 10k blocks, there was no one mining - that's basically the definition of an instamine. Not so blatant as xcoin/darkcoin/dash, but probably more effective in the end.

They claim that there was no PRE-MINE, that is minting a large amount of coins in the initial blocks.

That's true.

They also claim that the current team have bought their coins in the market.

That also may be true. So, someone did the instamine, then sold them the results.

[wwzsocki]

Coin is old.   no instamine.   

newbie posting just to put your nick out there for advertisement with no idea about the topic is what it looks like to me.

    Poor way to advertise your own site.

Just because it's old doesn't mean that there was no instamine. Something like 80% of the total coin supply was emitted in the first three months when it was a generic scrypt clone called dogecoindark (I believe competing with another clone also called dogecoindark). Look at the difficulty of the first 10k blocks, there was no one mining - that's basically the definition of an instamine. Not so blatant as xcoin/darkcoin/dash, but probably more effective in the end.

They claim that there was no PRE-MINE, that is minting a large amount of coins in the initial blocks.

That's true.

They also claim that the current team have bought their coins in the market.

That also may be true. So, someone did the instamine, then sold them the results.

Is very hard to know the full story behind the project, especially if you not followed closely and is already running two or three years.

I stopped to follow Verge about 6 months ago when the crash on the crypto market was in full swing. I have to admit that now is hard to grasp what happened in the last 6 months. There is no source to gain such a information easily.

Would be great to build such a tool for each cryptocurrency or token, where you will be able to find all the detailed information, announcements, updates and many more. With dates and full descriptions of what exactly happened. I think people will easily pay a lot $ for such a service.

[metallicelmo]

I sometimes think that everyone new to crypto thinks that every coin was an ICO. I think every coin should get a rating when a coin was launched and if it was an ICO or not. I think coins like Verge that are not ERC20 tokens or ICO's have the best chance of surviving. Verge is listed on more than 22 exchanges I believe, very good sign. Say what you will but this coin is here to stay for sure. Happy hodling is what I'd say

[R-J-F]

I sometimes think that everyone new to crypto thinks that every coin was an ICO. I think every coin should get a rating when a coin was launched and if it was an ICO or not. I think coins like Verge that are not ERC20 tokens or ICO's have the best chance of surviving. Verge is listed on more than 22 exchanges I believe, very good sign. Say what you will but this coin is here to stay for sure. Happy hodling is what I'd say

I agree. The time to worry about instamine or not was four years ago, give it up...

[Pyro!]

https://dailyhodl.com/2018/08/21/bitcoin-ethereum-litecoin-stellar-and-verge-coming-to-1000-stores-in-colombia/

I think quite a few people do use it to buy things, verge has a very large list of online stores which accept it, though most of those stores sell mostly particular products, the same goes for other currencies also, crypto as payment method is not widely adopted and we just don't have the same purchase options as we do with fiat. That can change very quickly when there is a payment option in physical stores.

People should hold, but they should also use verge as a currency, doing both these things will support the currency and keep its value up. But how do you hold and spend at the time? Well you do the same as you do with fiat, you have a savings account which you don't touch and you have separate spending account, so just divide up what your'e willing to save and what your willing to spend. If you don't ever want to touch your savings but support verge as a currency then when ever you want to buy something make the effort to convert fiat to verge and use that to make a purchase.

[Royero]

https://dailyhodl.com/2018/08/21/bitcoin-ethereum-litecoin-stellar-and-verge-coming-to-1000-stores-in-colombia/

I think quite a few people do use it to buy things, verge has a very large list of online stores which accept it, though most of those stores sell mostly particular products, the same goes for other currencies also, crypto as payment method is not widely adopted and we just don't have the same purchase options as we do with fiat. That can change very quickly when there is a payment option in physical stores.

People should hold, but they should also use verge as a currency, doing both these things will support the currency and keep its value up. But how do you hold and spend at the time? Well you do the same as you do with fiat, you have a savings account which you don't touch and you have separate spending account, so just divide up what your'e willing to save and what your willing to spend. If you don't ever want to touch your savings but support verge as a currency then when ever you want to buy something make the effort to convert fiat to verge and use that to make a purchase.

Bitcoin will be always the king and  just a few altcoins will survive, the utility and distribution are key to make coins stronger for the future. Verge working to get new vendors all the time are one of the best things this community have.

If you are a Verge supporter that's a real good idea, having two accounts, one to Hodl $XVG and another one to make payments.

Bitcoin and the altcoins that will survive needs alot from Hodlers, hashrate distribution, full nodes, the more distribution the coin have less manipulation.

[tmoney88]

It's tough to see XVG this low, but at same time I'm trying to take advantage and pick some more up for cheap cheap. Still a ton of potential for future. I feel that the price dip is a direct correlation with overall market crash, and not a problem with verge itself. Great development happening, with more and more vendors constantly being added.

[milugau]

Development Update on Verge #3



There are three things that we would like to cover in this development update:

-Outcome of the Twitter poll
-Technical storage of wallet keys
-Further insights into the current development

https://medium.com/vergecurrency/development-update-on-verge-3-afb75e205ced

The price chart of VERGE triggers my greedy feeling a bit, but I might wait a bit longer and buy the coin at much lower.
https://coinmarketcap.com/currencies/verge/
Not sure that VERGE will fall deeper or not, but it's always better to wait to buy as cheapest coins as possible to avoid losses and maximise profits.

[dimarco]

Hi!
I have a question: I want to mine Verge on my pool (http://www.nlgpool.nl), but I'm getting this error message:

00:47:07: ERROR: rpc_do_call: 127.0.0.1:20102 500
00:47:07: ERROR Verge Unable to sign block, wallet locked?
00:47:07: *** REJECTED :disappointed: Verge block 2439460 1 txs

I really don't know what to do to get it going ... anyone has a solution?
(my wallet is not locked btw....)

I'm on a yiimp based pool

Thanks in advance!

[erwan]

This is fantastic news. We are very excited to be incorporated into https://twitter.com/NetCentsHQ's merchant services platform. $XVG will be spendable in 194 countries around the world at all merchants that accept https://twitter.com/hashtag/Visa?src=hash or https://twitter.com/hashtag/MasterCard?src=hash. https://t.co/B6bKGpcvSz https://twitter.com/hashtag/VergeFam?src=hash https://twitter.com/hashtag/massadoption?src=hash

[Dump3er]

It's tough to see XVG this low, but at same time I'm trying to take advantage and pick some more up for cheap cheap. Still a ton of potential for future. I feel that the price dip is a direct correlation with overall market crash, and not a problem with verge itself. Great development happening, with more and more vendors constantly being added.

No need to just feel that. That's a fact. Market down, everything down. Very rare exception or maybe not even a single exception at all out there.

[Danimore]

This is fantastic news. We are very excited to be incorporated into https://twitter.com/NetCentsHQ's merchant services platform. $XVG will be spendable in 194 countries around the world at all merchants that accept https://twitter.com/hashtag/Visa?src=hash or https://twitter.com/hashtag/MasterCard?src=hash. https://t.co/B6bKGpcvSz https://twitter.com/hashtag/VergeFam?src=hash https://twitter.com/hashtag/massadoption?src=hash

it's very interesting , guy. what do you want more about XVG and is it strong enough to take off in the sky?
Let's buy it now or we will miss this chance at the cheap price . Let's see XVG reaching at 0.3$ in next months.