[XVG] Verge - Speculation & Discussion

[obit33]

HODL Verge XVG.. It'll touch $2 dollar in few months.. XVG Verge wraith technology was good..

wraith is just stealth addresses to hide the receveir... other coins have this since 2014, and also hide sender (ring signatures) and the amount (ring ct)...

Verge is bitcoin behind tor with optional anonimity which is detrimental for privacy: https://z.cash/blog/new-research-on-shielded-ecosystem.html

so no, the XVG-technology is not good

[levancov]

What with Verge on Bittrex, the status of Database maintenance ?.

[btcwish1]

Verge's technology may be good. But the price is very swollen. I have to be very careful when buying. It can be knocked down on a name.

The price got huge bump, but if we compare it with similar coins - Monero then this price still very cheap.

Because of verge's huge supply, it will never reach the value of Monero.

[TokenSchmoken]

Verge's technology may be good. But the price is very swollen. I have to be very careful when buying. It can be knocked down on a name.

The price got huge bump, but if we compare it with similar coins - Monero then this price still very cheap.

Because of verge's huge supply, it will never reach the value of Monero.

All other things being equal, verge should reach 0.1 of moneros price if it’s just down to supply as it has x10 more coins. However, are all other factors equal??!!! 🤔

[xshadowx]

Confirmed by the Dev they are going to make several external audits to clear all the FUD about Wraith protocol:

[obit33]

Verge's technology may be good. But the price is very swollen. I have to be very careful when buying. It can be knocked down on a name.

The price got huge bump, but if we compare it with similar coins - Monero then this price still very cheap.

Because of verge's huge supply, it will never reach the value of Monero.

All other things being equal, verge should reach 0.1 of moneros price if it’s just down to supply as it has x10 more coins. However, are all other factors equal??!!! 🤔

No it should not... XVG is bitcoin behind tor with stealth addresses to hide the receiver... it's not anonymous at all

monero also hides:
- sender: ring signatures
- amount being sent: ring ct

Not sure if any of you XVG-fans do any reading, but here's some research that shows how detrimental optional privacy and not hiding amounts is for privacy: https://z.cash/blog/new-research-on-shielded-ecosystem.html

als, compare this:
https://verge-blockchain.info/richlist
and
https://moneroblocks.info/richlist

now tell me which is most private?

[Siren]

00#msg28104500 date=1515926989]
wo what does it mean mate?that rhe coins really has no future?lol

Actually i dont know this coin and had just seen this now so i try to check it up just to find that after several years still no good outcome.i wonder why those capitalist staying their trust on the said coins when we cant see good updates from the dev itself.

So to the fanatics of this coin sad to say but i think its time to give up.or else you will spend whole your life waiting for this to grow

So what do you expect, that a coin goes up in a straight line? Good luck finding that coin.
If you had invested in Verge exactly one year ago you would now have made a bit more than 8000x your investment.
I wouldn't call this "you will spend whole your life waiting for this to grow".
And regarding the updates from the devs, Wraith has just been released and is quite innovative because you can choose between private and public transactions.
What Verge always have been though is very variance-heavy with short periods where it spikes hard and long periods going sideways/downward.
So this is more for the longterm holder than for people looking to make a quick buck.

yeah right,we must not expect the permanent price in every coins here incrypto.even the famous bitcoin and ethereum never did a permanent value although they still on top.but yet can be stable because of ups and down.verge has a big volume so dont expect the highest price but what we need in this community is the growth.nothing permanent here.

[xshadowx]

Verge's technology may be good. But the price is very swollen. I have to be very careful when buying. It can be knocked down on a name.

The price got huge bump, but if we compare it with similar coins - Monero then this price still very cheap.

Because of verge's huge supply, it will never reach the value of Monero.

All other things being equal, verge should reach 0.1 of moneros price if it’s just down to supply as it has x10 more coins. However, are all other factors equal??!!! 🤔

No it should not... XVG is bitcoin behind tor with stealth addresses to hide the receiver... it's not anonymous at all

monero also hides:
- sender: ring signatures
- amount being sent: ring ct

Not sure if any of you XVG-fans do any reading, but here's some research that shows how detrimental optional privacy and not hiding amounts is for privacy: https://z.cash/blog/new-research-on-shielded-ecosystem.html

als, compare this:
https://verge-blockchain.info/richlist
and
https://moneroblocks.info/richlist

now tell me which is most private?

For the purposes of this conversation, anonymity means that if Jane gives $10 to Jill, neither Jane nor Jill will be identified because their IP addresses are hidden. The public ledger will record that $10 went from some wallet (Jane's) to some other wallet (Jill's) but anyone looking at the ledger will just see wallet addresses, with no way of tracing them to a particular user. That is what anonymity means for Verge. This covers the need for privacy but also the need to have a public record of transactions which any non-trivial operation or business will want to have. It is a balancing act between individual privacy (we don't know Jane or Jill) and transparency of transactions - we know the transaction happened, just not what particular individuals were involved in the transaction.

[btc78]

Verge's technology may be good. But the price is very swollen. I have to be very careful when buying. It can be knocked down on a name.

If the tech is good then why do you feel that the price is swollen? Of course it pumped highly from its previous value but that was on release of the wraith network. Do you not think it can reach previous ATH or higher?

Verge is a 3 years+ old coin. it really should have performed lot better. but it still struggles to reach only few cents!!

dont be too hard mate,3 years old baby still suck milk on a bottle so lets give the coin a chance to make some profit..im planning to buy somw coins now.because im curious about what will be this coin after 5 months from now.upon reading thread and found our many users holding this.i think i will ride the train when it runs lol

[kohahan]

XVG is definitely a coin with a high potential for anonymity early or later. And with the penetration of crypto into life, criminals will take it into service.

[Cryptoprobro]

Verge made a very good start. I think so its good time to buy some Verge. Maybe it can make 2x in a week.

[AntonGrishko]

I bought some XVG today from deep. I don't understand why people want to kill verge so more, this is the first real privacy crypto, its very usefull.

[Bazzy]

if you bought XVG because you believe in the project, hold it and don't sell it, let it grow. I also wanted to invest buy some verge but I think Im late into buying when price become higher.

[diouf67]

Verge made a very good start. I think so its good time to buy some Verge. Maybe it can make 2x in a week.

What makes you say that, are you not worried about how the price seems to be slowly sliding, it was up as high as nearly 2000 satoshi and now is under 1000. At this rate it seems like 500 will come sooner than a recovery to 2000.

[cheezcarls]

I'm taking a look at Verge (XVG) now and it sits at #25 in CoinMarketCap. The price is at $0.14 with more than 1% decline. My Australian friend opened up to me about Verge and I decided to take a look. He already bought some Verge on his own and now sitting and waiting for the big rain.

I wasn't convinced on Verge in the first place, but now I think it's time for me to consider investing. I think it is worth adding Verge in my Blockfolio. Once I have enough funds (that will be arriving soon), I'll be buying some Verge.

I'm keeping an eye on this one, folks.

[xshadowx]

Verge made a very good start. I think so its good time to buy some Verge. Maybe it can make 2x in a week.

What makes you say that, are you not worried about how the price seems to be slowly sliding, it was up as high as nearly 2000 satoshi and now is under 1000. At this rate it seems like 500 will come sooner than a recovery to 2000.

Lol mate, that's like saying bitcoin is going to 5k because a month ago was 20k dollars and now is 14. Or when Etherum reached 400$ and then dropped to 150$ in a month (and now the value is over 1300$). Yes XVG all time high is 2000sats, now is in consolidation and hopefully soon it will go high again.

[worthy1]

Verge made a very good start. I think so its good time to buy some Verge. Maybe it can make 2x in a week.

What makes you say that, are you not worried about how the price seems to be slowly sliding, it was up as high as nearly 2000 satoshi and now is under 1000. At this rate it seems like 500 will come sooner than a recovery to 2000.

Lol mate, that's like saying bitcoin is going to 5k because a month ago was 20k dollars and now is 14. Or when Etherum reached 400$ and then dropped to 150$ in a month (and now the value is over 1300$). Yes XVG all time high is 2000sats, now is in consolidation and hopefully soon it will go high again.

Yup people are so narrow minded, they make comments without looking at other coins. Sure coins have different user cases and technology but nothing is surprising in Crypto. Look at Ripple, look at its high supply, all the news in the world was being thrown at it and it was declining, then boom up to $3 from 20c with still no relatively major news that should have caused that peak. Same with BTC, has a fork and is down majorly and then peaks to $20k for no reason at all

Nothing surprises me in crypto but more often than not the price of coins skyrockets so I definitely wont be making any not moving comments on any threads these days.

[xxxx123abcxxxx]

XVG/USD
https://redd.it/7q96dt


2018 Cryptocurrency Crash (Elliott Wave)
https://redd.it/7ptsg3

*bump*

[ggameon]

Verge made a very good start. I think so its good time to buy some Verge. Maybe it can make 2x in a week.

What makes you say that, are you not worried about how the price seems to be slowly sliding, it was up as high as nearly 2000 satoshi and now is under 1000. At this rate it seems like 500 will come sooner than a recovery to 2000.

Lol mate, that's like saying bitcoin is going to 5k because a month ago was 20k dollars and now is 14. Or when Etherum reached 400$ and then dropped to 150$ in a month (and now the value is over 1300$). Yes XVG all time high is 2000sats, now is in consolidation and hopefully soon it will go high again.

Yup people are so narrow minded, they make comments without looking at other coins. Sure coins have different user cases and technology but nothing is surprising in Crypto. Look at Ripple, look at its high supply, all the news in the world was being thrown at it and it was declining, then boom up to $3 from 20c with still no relatively major news that should have caused that peak. Same with BTC, has a fork and is down majorly and then peaks to $20k for no reason at all

Nothing surprises me in crypto but more often than not the price of coins skyrockets so I definitely wont be making any not moving comments on any threads these days.

I'm new to this, but already nothing surprises me. In many cases coins shoot up with no apparent reason.
Only thing we can say, is that crypto will keep growing, it has just started to become an global phenomenon for a few months. This means that people are investing ( many of whom have never invested in anything before _) so with a dip alot will sell and buy again later , hoping for x10 and x100 they have een in charts. Mny hope to get that kind of profit within a few weeks......unfortunately it doesn't work like that. Ask anybody who is in this for longer....
for f.. sake it is just a few days of dropping prices   of most coins. This will  happen many times and in many cases on the same day(s) . Normally nothing to be worried about

[ggameon]

I am new in Crypto and a holder of Verge. Since I stepped into it I read a lot about "rocketing" when Wraith would be released. This happened yesterday and the price climbed a bit but that was all.
What is a realistic prediction/expectation in this situation?

There is never a prediction, there is hope and belief lol
as long as crypto market grows  most of the established coins will benefit. they will skyrocket and land again, skyrocket to never really land again or grow steady. maybe, just maybe one or 2 crash the f out lol
Nevertheless sometimes we have a market crash like today lol