zokora
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January 03, 2018, 09:01:21 PM |
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Yes indeed. Verge is not a very special coin and its pump is only related to McAfee. The question is the pump in all other privacy coins are related to McAfee? For example even Sumokoin is increased a lot recently, I want to know if this is related to McAfee's twits
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NLO
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January 03, 2018, 09:02:34 PM |
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advertising works wonders, especially correct advertising
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marketcoin2
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January 03, 2018, 09:04:18 PM |
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Yes indeed. Verge is not a very special coin and its pump is only related to McAfee. The question is the pump in all other privacy coins are related to McAfee? For example even Sumokoin is increased a lot recently, I want to know if this is related to McAfee's twits
He is doing this for a while now, to earn back his lost fortune! Over a time people will start losing trust!
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pogpog10
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January 03, 2018, 09:04:40 PM |
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That theory doesn’t make sense much. Verge had it coming for a while and it exploded finally. Of course McAfee made some impact but it wouldn’t be fair to say it’s the only reason for that’s rise.
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Rkoshay
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January 03, 2018, 09:13:50 PM |
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It certainly didn't hurt that McAfee twitted it, also think the fact that it was so inexpensive that attracted people as one could get a bunch of it for not much money and then when it surged that fueled excitement as was the case with so many other coins this last December.
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Nisansala
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January 03, 2018, 09:19:35 PM |
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Yea, i think that pump is McAfee Effect. But Verge (XVG) is great coin. I believe Verge (XVG) can achieve 1$ very easily. Buy Verge (XVG) and Thanks Me later ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ...
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Coin.Master636
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January 03, 2018, 09:23:51 PM |
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I think many people were watching Verge, but John McAfee gave the start signal, the spark it needed. This one man is popular and followed by many, but he wouldn't be able to influence useless coins in a meaningful way. Quick pump & dumps are always possible, but the way Verge grew was not only his doing. I still think Verge isn't that great of a coin, but who am I?
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Vansire
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January 03, 2018, 09:32:14 PM |
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It's a clone dogecoin with some existing features taken from other coins and copied and pasted into the source code. The smartest thing they did is renaming stealth addresses to wraith protocol. Nobody really cares about the tech, it's just a herd following the money.
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yomarve
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January 03, 2018, 09:51:43 PM |
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He must have pumped it with his tweets. I did get into Verge because I love what it stands for. After going through the white paper... It just appealed to be a great project...
Many issues affected the drop though.
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rehydrogenated
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January 03, 2018, 10:02:54 PM |
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Verge had a lot of good things going for it to begin with, however Mcafee is having way too much of an affect on the market for smaller altcoins right now. He really doesn't know anything about crypto. Heck, he barely knows anything about how computers work. Mostly he knows stuff like, how to kill your annoying wife and how to get away with having your dogs rip apart your annoying neighbor. Honestly he should be in jail, not shilling for stuff he doesn't even begin to understand.
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Minecache
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January 04, 2018, 08:02:38 PM |
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This coin is very sensitive to different news. I thought that the cost of coins depends only on the ratio of supply and demand, but it turned out only because of McAfee)))
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RedneckBob
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January 05, 2018, 04:16:07 AM |
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Yea, i think that pump is McAfee Effect. But Verge (XVG) is great coin. I believe Verge (XVG) can achieve 1$ very easily. Buy Verge (XVG) and Thanks Me later ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ... What will be the market cap if XVG reaches $1 USD? Huh?
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Wladestaucs
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January 05, 2018, 09:26:40 AM |
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I do not trust John McAfee. I believe he has done very well for himself, and kudos to him for that, but I believe he does this solely to make himself money and/or famous. I don't believe he has good intentions for the cryptosphere beyond his own net worth.
I got into a small XVG position when I saw it going bananas on Bittrex. I had no idea it was even available there until I saw it as a top volume coin one day. And since crypto moving upwards parabolically usually results in a nice 5% gain I can hit quickly in and out of, I went ahead and did my usual. But after I did a quick investigation into what was going on, the XVG move had McAfee's fingerprints all over it.
So, while I would say that XVG pumped because of what John McAfee did, I would not say it was only because of him. I think he was a catalyst for sure, but not the only one.
Oh, and just a note from this humble crypto-savvy forum noob. If you see a coin pumping parabolic 2 days in a row, for the love of all that is holy, get out of that position or at the very least don't enter a position. You're only asking for trouble buying in at the top of a pump.
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xindoa
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January 05, 2018, 09:29:44 AM |
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Verge did pump because of mcafee but the coin in itself has some great opportunities. what went wrong is the communication was a bit bad and people started to panic because of the wraith release. and once you lost the trust of you followers you are going to have a hard time. its up to verge to proof them otherwise and then people will return in my opinion
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muenze
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January 06, 2018, 10:13:44 AM |
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Verge had a lot of good things going for it to begin with, however Mcafee is having way too much of an affect on the market for smaller altcoins right now. He really doesn't know anything about crypto.
Well he isnt in this to know about crypto. He is in it for his own personal benefit, pumping whatever he is into or gets paid to pump. He got experiences with this from stocks already. I disagree he has much influence on the market. Most of his other suggestions barely moved lol. People just really liked Verge. Of course its overpriced now and theres better, small privacy coins like Zoin, Linda, Colx..
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ajiejot
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January 06, 2018, 10:17:08 AM |
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At the first YES. Second is on the wraith protocol of verge. Since they announce that they will releasing wraith protocol, the price goes up so fast then when they did not succeed to deliver the wraith protocol on the exact date, the price of verge dumps. How sad is that.
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Riddikulo
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January 06, 2018, 12:08:37 PM |
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Yep that was strange. Even went to their website trying to understand what was going on. The only thing that I have understood for sure that there are problems inside their development team nothing more.
I don’t think that one guy can pump the currency like Verge. Maybe this is purposeful policy but this is the doing of McAfee exceptionally. Here must a team, a group of developers or holders who wants to expand the money stack.
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muenze
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January 07, 2018, 12:07:28 PM |
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At the first YES. Second is on the wraith protocol of verge. Since they announce that they will releasing wraith protocol, the price goes up so fast then when they did not succeed to deliver the wraith protocol on the exact date, the price of verge dumps. How sad is that.
Well wraith was always a joke to have some unicorn in the future to look forward to. And it was supposed to come in september. But really its just a stealth adress and Verge got 1 dev only lol. See something as Colx it got 200-300 devs working on it according to github, so which project would you trust if you looked at it UNBIASED? Also if verge had brought wraith in september as planned, i bet they would still be at $300m market cap or even lower. It makes no sense why the market would reward delays. But its just hype, hype, hype, thats why I rather go in low coins that dont have the hype yet but will probably get it at some point for my next x50.
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mpufatzis
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January 07, 2018, 02:24:26 PM |
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I know McAfee and his antivirus program but not his as personality. I can imagine him buying some thousand of altcoins and then announcing them as Crypto-currency of the week/month. Trading is just business and he is a businessman. He is making quick money taking advantage of his popularity. I don't say Verge is a bad investment. A good question would be, what is going to happen after a month or two when new altcoins have been announced.
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kambaralikhan
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January 07, 2018, 02:41:47 PM |
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No doubt McAfee's tweet played a big role in pumping of VERGE. This coin was dead for ages and approximately $ 100 million project boosted to $ 3.5 billions.
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