Verge potential or scam coin?

[coin163]

Today I found this on Reddit
https://www.reddit.com/r/CryptoCurrency/comments/8c3oli/massive_red_flag_vergedev_the_money_moved_is_to/

Verge says they had to move some that scam money they got to ledger for integration
I mean someone asked ledger if true
ledger said who???
verge doesn't care for all shit talk cause there too busy getting money from scams unfortunately
same goes for some other HYPE coin too but I don't want name it here.
laws in your country where ever you are still apply if you fraud, but only citizens of that country can go after them unless the frauds also have assets in your country

[CEOKEY]

The blockchain world has an absolute anonymity feature so that bad news can take advantage of it is obvious and easy to understand. Also, do not investigate where they put their money away because that is useless

[Imfinnabeon]

It may have potential but the fact that they were asking for money to announce a partnership seemed hella fishy and I can't get involved with a coin that makes such requests.

[CEOKEY]

There are many ways to push prices in the crypto world, so it's no surprise. Just as we need to learn more and more carefully to protect our assets. Thank you for this information

[prabakharras]

potential or not
short term this coin has been uptrending and there is some chance to scrap some profit
chart cant lie https://www.coingecko.com/en/coins/verge

[trumper]

It is hyped coin and hyped coins are similar to scam coins but the difference is that people are willing to be scammed. Verge is so scam for me.

[TwSeventh]

scam ? i do not dare to say it directly,but they did a few 'shady' thing such as 'that' donation.
also recent problem with their system as you can see it here;
https://bitcointalk.org/index.php?topic=3256693.0
truth to be told it was a promising project in my opinion,but this things happened and changed my view regarding their project.
it's shame to see it become like this.

[Yuuto]

I think there is reasonable concern in the way that the dev moved over $1 million dollars to ledger, apparently. And the fact that Ledger didn't know what this was all about was pretty alarming.  So yeah, I would definitely stay away from XVG for now if I were you.

I don't think this is a good long term coin to hold, anyways.

Verge is overhyped, overbought, and a pump and dump coin in my opinion. There is simply no sustainable coin that will go up by this much and still be viable in the long term. So scam or not by the devs, I wouldn't put a single cent to it. Most people buying XVG are newbies that don't know what they're doing. If you're looking for a privacy coin, I'd suggest Monero that isn't hyped up beyond what it really is worth.

[bigdude]

Today I found this on Reddit
https://www.reddit.com/r/CryptoCurrency/comments/8c3oli/massive_red_flag_vergedev_the_money_moved_is_to/

Verge says they had to move some that scam money they got to ledger for integration
I mean someone asked ledger if true
ledger said who???
verge doesn't care for all shit talk cause there too busy getting money from scams unfortunately
same goes for some other HYPE coin too but I don't want name it here.
laws in your country where ever you are still apply if you fraud, but only citizens of that country can go after them unless the frauds also have assets in your country

Nice catch man.
Agreed, for me Verge really shit. Their github code page don't have any action for few year and they only do some update when the crypto market BOOM and spoken many lied info.
About laws in each country like with bitgrail, I think there in Italy,  all the us people couldn't go after them
even if Italy people did and won,  doubt they share that with USA
I think the world should sign a global law to allow court cases to work globally for only coin related frauds
so if class action started in Italy, coin victims can join
now with verge and tron going round publicly scamming
is there any power or thing anyone can do to report them? investigate them etc. feels like nothing
nobody even knows who bitconnect is lol let alone where live

[mickaelsilver10]

We will have a good idea on April 17 with this famous BIG ad !!

But we can already say that XVG is a coin that makes a lot of talk :-)

[demenBTC]

I still have confidence in the Verge coin, it is very surprising why many people talk about Verge coin as a negative coin, which I know Verge has great potential to make the price higher
https://coinmarketcap.com/currencies/verge/#charts

[Dutchyyy]

It was promising coin, but after devs reaction about the 51% attack... I dump it.

The coin suffered from 51% attack due code error and devs was like - "nothing happens"

[JuniAiko]

The announcement also sounds very dodgy. I've already cashed out my purely speculative day-trading stake in XVG and have moved it to better projects out there.

[Crypdon]

Verge is a shady coin that is a huge risk to invest in. Only good for pump and dump if you know what is happening with verge. Transferring funds that they shouldn't, a 51% attack, i don't know why people are still investing when there are far better privacy coins to look at

[JuniAiko]

I still think the Verge announcement is gonna be a "scam" (e.g. false hype that doesn't live up to the expectations that they were selling to investors/donors). I'm playing it save and gonna sell my purely speculative trading-stake in XVG now.

[jaybobcrypto]

Notsofast said its no more an instrument for smart money to collect money from newbies. SO yeah I'd skip this one def

[Koontas]

Today I found this on Reddit
https://www.reddit.com/r/CryptoCurrency/comments/8c3oli/massive_red_flag_vergedev_the_money_moved_is_to/

Verge says they had to move some that scam money they got to ledger for integration
I mean someone asked ledger if true
ledger said who???
verge doesn't care for all shit talk cause there too busy getting money from scams unfortunately
same goes for some other HYPE coin too but I don't want name it here.
laws in your country where ever you are still apply if you fraud, but only citizens of that country can go after them unless the frauds also have assets in your country

Holy shit. Feels like the devs wanna quit with this coin. Let's hope that this is only fud or they wanna just get some funds for scaling the project.

[slaman29]

It may have potential but the fact that they were asking for money to announce a partnership seemed hella fishy and I can't get involved with a coin that makes such requests.

Exactly. You all know it, there is just no way anyone could ever justify such a move. First of all, it's already tough to justify any sort of fundraising in crypto when you've got the strongest blockchain project Bitcoin never asking for a single cent. But to announce a partnership? Did this coin forget that it was supposed to be a privacy and anonymity focused coin or did it realize that its supporters actually don't care much past the hype?

[JanpriX]

There are so many bad things being thrown to Verge in the past weeks. One information that I read is that a certain individual (who is a well-known miner with huge followers in Twitter) pointed out that after discovering the error code, he approached the devs of the said coin and these devs were just like "Huh? There's no problem with the code. We already fixed it" even though they've done nothing to actually fix the problem. This certain individual then announced it here in the forum to raise awareness to other people regarding the problem and that action was taken by the devs as a form of attack and denied all of it.

Considering all the things that happened, I must say that anyone should avoid this coin. Those red flags are so important that you just can't ignore it. I just can't believe that this coin is still being traded in different exchanges with huge volume.

[leea-1334]

The funny thing with Verge is despite all these accusations (which I feel are true), the price keeps pumping after going down. Now I see it is back above 1k sats. This is the second round I make profit from Verge, even entering it late, I am definitely not a holder but I do not mind buying it to sell. Definitely a pump coin that is useful for profits. McAfee did his job well, Verge devs must be so pleased. Next entry here is below 500 again.