Thoughts on Verge

[O9NpJ9ld1opS]

Verge could have been a good coin. But I think the devs ruined it's future. U can buy it for some quick swings but I won't recommend it for long term.

[Patuba]

Verge could have been a good coin. But I think the devs ruined it's future. U can buy it for some quick swings but I won't recommend it for long term.

Where did you find the news about the dev team?

[o_e_l_e_o]

Verge(XVG) coin is a cryptocurrency for everyday use where it aims to fulfill its initial purpose of supplying individuals and businesses with fast, efficient and decentralized way of making direct transactions while maintaining personal privacy. It's current price value for now is $ 0.053175 USD and starting to recover based on the price chart. My personal view is that there is still a good potential for price growth in the coming months.

This is exactly the kind of "nothing" statement I'm talking about. Ignores all the arguments against it and comes out with some empty words about "good potential" without any evidence to back up the claim.

Where did you find the news about the dev team?

Here is Kieran Daniels,  the VP of marketing for Verge, talking about how the entire dev team quit and how Verge is a pump and dump scam:

https://imgur.com/a/P5ycG

[mu_enrico]

I personally cannot recommend rebooted coin as investment
I prefer completely new coin, even if it's just a clone/fork
POW and no pre-mine is a must

Logically, when a coin fails in the past, someone will buy a huge portion of it, then hodl, then reboot
Then magically he/she will be the new emperor

[Patuba]

Verge(XVG) coin is a cryptocurrency for everyday use where it aims to fulfill its initial purpose of supplying individuals and businesses with fast, efficient and decentralized way of making direct transactions while maintaining personal privacy. It's current price value for now is $ 0.053175 USD and starting to recover based on the price chart. My personal view is that there is still a good potential for price growth in the coming months.

This is exactly the kind of "nothing" statement I'm talking about. Ignores all the arguments against it and comes out with some empty words about "good potential" without any evidence to back up the claim.

Where did you find the news about the dev team?

Here is Kieran Daniels,  the VP of marketing for Verge, talking about how the entire dev team quit and how Verge is a pump and dump scam:

https://imgur.com/a/P5ycG

Thanks for that!

[Astrilian]

I looked at Verge too but was turned off when I realized I need a separate wallet. When it comes to privacy I stick with Monero for now, also seems to be more widely accepted. The best privacy is doing nothing if there are no vendors who accept the coin.

[Klovezio]

I have been mining Verge for about a week. What does everyone think about this coin, does it still have room to grow or is it past it's prime already?

If we consider purely technical analysis, the prospects for growth are very weak. It takes time to set the average rate after such a strong rise and fall after that. I wouldn't be buying that coin right now, may be you could to look at it again after six months .

[nemwanderer]

I am a miner and Verge has low difficulty, which I like. However it’s price shows it has been stagnant for a long time, not considering the bump it got in Dec.

It claims to be a privacy coin and I haven’t found the news about it showing its IP address. I might continue to mine it until I find a better coin and do more research.

Spectrecoin. One of the best privacy coins and it's worth nothing right now.