[XVG] Verge - Speculation & Discussion

[McWorse]

Well. I also started to trade on poloniex a month ago. Until now I checked every thread of the coins I invested in. I bought the coins and dumped them again because they are all shitcoins. Thats how my riskless investment of 10$ turned into 700€. But verge is different. Now I put all my money into verge and im holding it because I believe that 1$ per coin is the minimum potencial considered that monero is at 50$ and ethereum at 200$.

Please remember the total supply of coins!

Verge: ~9,500,000,000
Monero: ~14,500,000
Ether: ~92,000,000

Monero has a market cap of ~760,000,000$
Put this money into Verge, you'll have a price per coin of 0.08$

To reach the price of 1$ per XVG, you'll need a market cap of 9,500.000.000$! That is very close to the current market cap of Ripples XRP or a fith of the current marekt cap of BTC.


I'm also in Verge. But 1$....
... seems a bit too crazy for me.

[Smoothmold]

Those of you who are holding good for you. Anyone who is convincing you to sell is probably some salty idiot who sold at 70 satoshi or less. Verge is evolving and is only gonna attract more to use it. There is a flood of new money coming into crypto everyday and growing fast. Great coins always goes up. Verge is gonna be a huge player soon in the crypto world.

Yes, i agree. I have been in crypto for years now and can smell fudders from miles away. I like that it is a hybrid between Monero and Ethereum and still so cheap compared to its technology. I will definitely hold this one because i see a bright future for Verge if they keep adding new cool stuff. So far the dev seems to be very active and also a new exchange is coming up. We will wait and see what it will bring for us.

Edit: dont take my advice or anyone's. Do your own research!

[kel-alt]

Well. I also started to trade on poloniex a month ago. Until now I checked every thread of the coins I invested in. I bought the coins and dumped them again because they are all shitcoins. Thats how my riskless investment of 10$ turned into 700€. But verge is different. Now I put all my money into verge and im holding it because I believe that 1$ per coin is the minimum potencial considered that monero is at 50$ and ethereum at 200$.

Please remember the total supply of coins!

Verge: ~9,500,000,000
Monero: ~14,500,000
Ether: ~92,000,000

Monero has a market cap of ~760,000,000$
Put this money into Verge, you'll have a price per coin of 0.08$

To reach the price of 1$ per XVG, you'll need a market cap of 9,500.000.000$! That is very close to the current market cap of Ripples XRP or a fith of the current marekt cap of BTC.


I'm also in Verge. But 1$....
... seems a bit too crazy for me.

I resisted buying premined and coins with huge 10-100 billion units and have regretted it. Doge, SIA, BYTE,etc.
My guess is most people cannot do this kind of math and those of us who can are handicapped by logic!
I have heard speculation that 1 Trillion can come into this market. In this scenario some coins could illogically
rise. Let's say 1 T goes into the top 100 coins...1,000,000,000 / 100 = 10,000,000 each coin. This could happen
when the ?T$ sloshing around looking for ROI finds the crypto market. This years price increases are not magic,
the investors are seeming to have finally figured out where the best ROI is! Maybe 2 T is possible - talk about 5
or 10 years and in seems reasonable to me. I have been in a semi-shocked state the last two weeks with my
returns on XVG and other coins I have only been holding since mid Jan this year. IMO this will be seen as the
breakthrough year for crypo. Go Verge! Recent trend lines showing XVG at 1 cent about June 11 have been broken
at this time. Slower rise is good.
    9:20 PM PST - Trend line 1 cent by June 12-13 looking good. From 72 sat and 174 sat low points. Only two points.

[Dennoo]

Well. I also started to trade on poloniex a month ago. Until now I checked every thread of the coins I invested in. I bought the coins and dumped them again because they are all shitcoins. Thats how my riskless investment of 10$ turned into 700€. But verge is different. Now I put all my money into verge and im holding it because I believe that 1$ per coin is the minimum potencial considered that monero is at 50$ and ethereum at 200$.

Please remember the total supply of coins!

Verge: ~9,500,000,000
Monero: ~14,500,000
Ether: ~92,000,000

Monero has a market cap of ~760,000,000$
Put this money into Verge, you'll have a price per coin of 0.08$

To reach the price of 1$ per XVG, you'll need a market cap of 9,500.000.000$! That is very close to the current market cap of Ripples XRP or a fith of the current marekt cap of BTC.


I'm also in Verge. But 1$....
... seems a bit too crazy for me.

the crypto market is expanding very fast, it just reached 100 Billion today! A year ago it didnt even touch 10 Billion. So 1$ isnt as hard to reach as you think, even with 10 Billion Cap for XVG. correct me if im thinking wrong

[McWorse]

Well. I also started to trade on poloniex a month ago. Until now I checked every thread of the coins I invested in. I bought the coins and dumped them again because they are all shitcoins. Thats how my riskless investment of 10$ turned into 700€. But verge is different. Now I put all my money into verge and im holding it because I believe that 1$ per coin is the minimum potencial considered that monero is at 50$ and ethereum at 200$.

Please remember the total supply of coins!

Verge: ~9,500,000,000
Monero: ~14,500,000
Ether: ~92,000,000

Monero has a market cap of ~760,000,000$
Put this money into Verge, you'll have a price per coin of 0.08$

To reach the price of 1$ per XVG, you'll need a market cap of 9,500.000.000$! That is very close to the current market cap of Ripples XRP or a fith of the current marekt cap of BTC.


I'm also in Verge. But 1$....
... seems a bit too crazy for me.

the crypto market is expanding very fast, it just reached 100 Billion today! A year ago it didnt even touch 10 Billion. So 1$ isnt as hard to reach as you think, even with 10 Billion Cap for XVG. correct me if im thinking wrong

I don't know, if this is right or wrong. I am always carefull with my predictions. Market is growing extreme fast. Yes. And everything seems to be possible at the moment.
But:
There will be a day, when the big crash comes. And only the few really usefull coins will survive that. I dont know, if Verge will survive. And I also don't know, if Verge will have reached one buck when judgement day has come...

[obsidiansoul]

1 dollar is not crazy at all if you take into account the amount of money coming into crypto. Verge is going way pass 1 dollar. These guys who brings up market caps all the time never takes into account the insane amount crypto currencies as a whole has increased by. If you think for a second money is gonna stop coming think again. money from all over the world is pouring in and it ain't gonna stop. Verge is definitely going to take away business from some of the other coins and gain new users as well. I've seen people sell great coins and lost out on making huge returns. Don't let that be you.

[Kryptomaniac]

Look at the market trend

http://www.coindesk.com/state-of-blockchain-q1-2017-slideshow/

Verge has A BIG FUTURE, if Devs keep innovating, communicating and following a clear and consice roadmap, 2 years from now we'll see that $1 was just the beginning.  You say, yes but that will take a market cap not conceivable at this time, but I say that's only because you can't see a market cap of 100 Billion for BITCOIN and 100 billion for ETHEREUM.  Folks Blockchain is here to stay.  We haven't even seen BIG MONEY come into the space yet.  BIG MONEY is just sniffing at this point when they decide to come in, we're talking trillions.  So sell if you must, make some change now step aside and watch the rest of us make BANK in due time. 
 

[Kryptomaniac]

34 BTC worth of $XVG on Bittrex - Check it out

[capex98]

Holding, but my sell order at 1000 Sat is in place.

[marciks]

With all that volume its pretty hard to see verge price coming back to 50 ~ 100 sats in longer term.. its almost a risk free long position considering all the good aspects of the coin..

[ShadowBits]

With all that volume its pretty hard to see verge price coming back to 50 ~ 100 sats in longer term.. its almost a risk free long position considering all the good aspects of the coin..

Its going to be mun.

[shp182]

Any info if verge is being added on poloniex anytime soon?

[giantkin]

Any info if verge is being added on poloniex anytime soon?

lol... you have no idea how funny that is



to answer, YOU have to goto poliniex, and fill out the form to get it added. (there might be one in the Tech topic for this coin...

    i forget if you have to vote on that there, or send a msg in...    each exchange is different.

I do like polo as my top choice for exchanges... but more cuz im Lending btc to all those suckers that borrow it....er i mean... COUGH.

hehe

[Grimshaw]

I think Verge will only be a serious competitor to Monero in the case that the devs add ring signatures, but I don't think it will even be in the same order of magnitude price range as Monero due to coin supply differences as McWorse mentioned. If it was adopted by certain markets as form of payment in the way that Monero has, however, it can probably expect to see a serious price increase. Native support for tor/i2p is a huge benefit in terms of user-friendliness.

[Tolrem]

1000 satoshi is the next psychological barrier.
If that can be broken and prefertably supported I think 10 000 satoshi is the next major barrier.
In my opinion, there are still shitloads (sorry for vulgar expression) money on the table for grabbing.

I have been learning charts and trends for a couple years and only in crypto since Jan this year.
But I agree, this is a bull market with new money like never before. Cryptos do not have a prospectus
like stocks, so the upside is huge, due to there not being the old standard methods to arrive at market
value. Verge is up 10x in a few days and even in crypto this usually means a rest/re-trace. But the current volume
says GO to me. Trend lines, volume, and overall market looks like 400 sat by the steep line tomorrow, slow
line by June 11-12. Steep trend says 600 sat by June 6th. This is an exciting time to be in the market with
a good coin! Unable to post pic due to Newbie status, trend lines drawn about 6:30 PST June 4.

Lol. Couldn't be more wrong apparently.

[dagget23]

I think it will stay at 200 sats until its on poloniex. Thats the next big step. Until then we are able to fill our bags. If not we will regret and probably cry all night.

[fletchsands]

1000 satoshi is the next psychological barrier.
If that can be broken and prefertably supported I think 10 000 satoshi is the next major barrier.
In my opinion, there are still shitloads (sorry for vulgar expression) money on the table for grabbing.

I have been learning charts and trends for a couple years and only in crypto since Jan this year.
But I agree, this is a bull market with new money like never before. Cryptos do not have a prospectus
like stocks, so the upside is huge, due to there not being the old standard methods to arrive at market
value. Verge is up 10x in a few days and even in crypto this usually means a rest/re-trace. But the current volume
says GO to me. Trend lines, volume, and overall market looks like 400 sat by the steep line tomorrow, slow
line by June 11-12. Steep trend says 600 sat by June 6th. This is an exciting time to be in the market with
a good coin! Unable to post pic due to Newbie status, trend lines drawn about 6:30 PST June 4.

Lol. Couldn't be more wrong apparently.

A lot of people spew TA bullshit here, gotta do the analysis yourself for real odds and not follow unknown gurus  

[TrueCryptonaire]

By looking the charts from distance looks the bullish trend is still in place and looks pretty good now. If you look at the charts from period of let's say 2 weeks, it forms a nice ascending triangle.
Weekends tend to be crazy for alts in general so I am expecting some bullish movements as people have free time to buy coins.

[kel-alt]

By looking the charts from distance looks the bullish trend is still in place and looks pretty good now. If you look at the charts from period of let's say 2 weeks, it forms a nice ascending triangle.
Weekends tend to be crazy for alts in general so I am expecting some bullish movements as people have free time to buy coins.

I have been doing simple trend lines the last couple days and this morning got a perfect third point at 205 sat
 - drawing from 72, 184, 205 sat the line arrives at one cent June 12-13 !
Volume has lowered but as you say likely to pick up for weekend. Very good looking chart! Go Verge!

[MajinErnest]

By looking the charts from distance looks the bullish trend is still in place and looks pretty good now. If you look at the charts from period of let's say 2 weeks, it forms a nice ascending triangle.
Weekends tend to be crazy for alts in general so I am expecting some bullish movements as people have free time to buy coins.

I have been doing simple trend lines the last couple days and this morning got a perfect third point at 205 sat
 - drawing from 72, 184, 205 sat the line arrives at one cent June 12-13 !
Volume has lowered but as you say likely to pick up for weekend. Very good looking chart! Go Verge!

1 cent would be nice. Do you guys think it could hit  0.1?