Verge: calm before the storm?

[valerie_zurich]

As Verge recently experienced an attack, many people have been expecting it's price to go through a major correction. However, XVG/BTC markets experienced gains of 5% over the last 24 hours. With the attackers that exploited Verge's vulnerabilities holding millions of coins, should the coming of a selloff be considered imminent?


https://cryptocoincharts.info/coins/show/xvg

[m.vina]

Nice charts you have there. However, i disagree with your outlook on Verge.

The attack is over and the value hasn't dropped because it's a solid coin that is too big to fail. With partnerships with the porn industry, i doubt they will simply let their stock fall. They have found and will continue to find ways to stay afloat and will probably see a good turnout in the long run. Hold Verge.

[Rhaizan]

Nice charts you have there. However, i disagree with your outlook on Verge.

The attack is over and the value hasn't dropped because it's a solid coin that is too big to fail. With partnerships with the porn industry, i doubt they will simply let their stock fall. They have found and will continue to find ways to stay afloat and will probably see a good turnout in the long run. Hold Verge.

No one can exactly sure if the attack is over, maybe it will happen again.
Yes that's true verge is a solid coin and it's not easy to put it down. Hold it because I believe it will growth more.

[Hueristic]

Nice charts you have there. However, i disagree with your outlook on Verge.

The attack is over and the value hasn't dropped because it's a solid coin that is too big to fail. With partnerships with the porn industry, i doubt they will simply let their stock fall. They have found and will continue to find ways to stay afloat and will probably see a good turnout in the long run. Hold Verge.

No one can exactly sure if the attack is over, maybe it will happen again.
Yes that's true verge is a solid coin and it's not easy to put it down. Hold it because I believe it will growth more.

LOL, MAYBE it will be attacked again?
Hah what a moronic statement. As long as Verge's code is garbage and it is going to allow free coins to be mined it will be attacked forever.

Duh free money will ALWAYS be taken when available and XVG is nothing but retards giving up their hard earned cash.

[disconnectme]

I don't know why some people are still talking this project serious, unless the team go back to basis and write a new code, one way or the other another vulnerability would be found and exploited with time, the problem I have with most of these ICOs now is that they are only concern about money and not the actual platform development

[normensky012]

This attacker knows how to trade, he is probably waiting for an entire market bull before he sold what was exploited. He has strong hands, and he knows if he dumps it immediately, he wouldn't benefit from it, or probably selling bit by bit already, sipping nice margarita in a boat. Who knows but I don't like Verge, honestly.

[PirateHunterr]

Verge got 51% attacks twice in a span of 50 days. When it happened first they did Hard fork to not let it happen again, but as OCMINER said, the update was not the solution. Then the second attack happened a few days back. I don't know how could they let this serious mistake carry on.?

They lost nearly $2.8 Million worth of Verge, that too because of transactions velocity. If you can't handle multiple mining algorithms on PoW consensus, I think they should roll it back to one algorithm, whatever it may be. It is clear that develops have little knowledge about how to fix it and This attack can happen anytime attacker wants.

It is just up to the attacker to decide, as there is no robust solution provided by the team.

[PirateHunterr]

I would rather suggest investing in other currencies like Monero and ZCASH if you are looking at privacy coins. If you think of privacy as priority MONERO is best, for privacy with Usability of token PIVX is better.

I don't see the point in investing in VERGE, even government is not considering VERGE as Privacy coin. Example Japanese Government did not ban VERGE from Coincheck as part of Privacy Coin Ban.

[MaryKiTy22]

I don't know why some people are still talking this project serious, unless the team go back to basis and write a new code, one way or the other another vulnerability would be found and exploited with time, the problem I have with most of these ICOs now is that they are only concern about money and not the actual platform development

Before the storm came as verge was calm to receive my own bouts of protection that I knew that I would panic but there is no way I would receive it in the most peaceful way possible. and how about you??

[kul0n]

I do not think that the price for Verge will decline further. The chart looks good, the coin problems on the chart are not reflected

[chocobo21]

I am really surprised at the price of Verge, this coin got hacked so many time but the price doesn't go down much, they probably have a really strong community.

[vurasasog]

Nice charts you have there. However, i disagree with your outlook on Verge.

The attack is over and the value hasn't dropped because it's a solid coin that is too big to fail. With partnerships with the porn industry, i doubt they will simply let their stock fall. They have found and will continue to find ways to stay afloat and will probably see a good turnout in the long run. Hold Verge.

No one can exactly sure if the attack is over, maybe it will happen again.
Yes that's true verge is a solid coin and it's not easy to put it down. Hold it because I believe it will growth more.

LOL, MAYBE it will be attacked again?
Hah what a moronic statement. As long as Verge's code is garbage and it is going to allow free coins to be mined it will be attacked forever.

Duh free money will ALWAYS be taken when available and XVG is nothing but retards giving up their hard earned cash.

I agree. The Verge developers should become more competent.

[Claudyah]

As Verge recently experienced an attack, many people have been expecting it's price to go through a major correction. However, XVG/BTC markets experienced gains of 5% over the last 24 hours. With the attackers that exploited Verge's vulnerabilities holding millions of coins, should the coming of a selloff be considered imminent?

https://i.imgur.com/7eNemOF.png
https://cryptocoincharts.info/coins/show/xvg

look at the graph you can send also if you try to sell it some coins you have only a slight increase 3.62% chances you get a very small profit but if you are more patient just wait for the next few months predicted to balloon.

[Bitico777]

That is too much for me. Another attack so soon. I sold my Verge with a little profit. DYOR

[imperatron]

I am not a friend of verge and I will not buy in anymore, I already made a lot of profit when I bought it at 40 satoshis and the price is still to high in my eyes. They got hacked a second time and that looks really unprofessional to me.

[European Central Bank]

As Verge recently experienced an attack, many people have been expecting it's price to go through a major correction. However,

just goes to show the true colors of this market. no one cares if something actually works or whether it's totally ruined. if they can sell it for more than they paid for it then they'll carry on like everything's fine, and in essence it is.

[Osech1]

verge have some problems in security
it takes time to restore investor confidence

[BattleZeo]

I would rather suggest investing in other currencies like Monero and ZCASH if you are looking at privacy coins. If you think of privacy as priority MONERO is best, for privacy with Usability of token PIVX is better.

I don't see the point in investing in VERGE, even government is not considering VERGE as Privacy coin. Example Japanese Government did not ban VERGE from Coincheck as part of Privacy Coin Ban.

Yea, compared to monero, verge is completely trash coin. Their strategy is stupid and now being hacked. Why people are still asking about this trash?

[PlayChip]

I know a lot of people who have lost a lot of money on this coin. I'm glad I got out while the going was good. However people's who TA i trusted called for another pump right before it completely exploded in on itself.

Much better privacy coins in the market methinks.

[yakushev]

Verge it's not that coin you should trust. And over time it, like many, will simply disappear from the market. There are only about ten most stable coins, the rest either pumps or shitkoins.