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RE: Verge Currency official response to my review

in #cryptocurrency7 years ago (edited)

Great replies from Sunerok. Everyone is entitled to an opinion and investment strategies also differ based on the desired outcome, expendable funds, ROI targets and time frames. As a technology, there is no doubt that Verge has growth potential in a very young industry and this growth will happen in the near future simply due to the establishment and completion of their road map. It is still early days for this crypto and is very undervalued. The work is being done by very active devs, including community based devs contributing where possible, which gives the crypto and tech real value. The Verge community is also growing every day which gives it emotional energy and loyalty which can't be overlooked when investing and is unique to cryptos compared to say the stock market. Social impact and confidence will define success for many of these coins. I feel the development team is building a great rapport. The question is will it be an Ethereum and hit $200USD++? No it won't. Totally different specs and purpose. The entire space is about evolution and progression of a broad technology with relevant DAPPS that have a diverse range of practical uses in the real world and all active (by development) cryptos will attract a certain market share relevant to their end use. Verge is a decentralised privacy coin focusing on a niche market and will do well in the long term and at its current price is a bargain. It will have its place. It will find a new market value soon and anyone invested will make a very good return. What will that be? 5 x, 10 x 40 x ? All speculation as are all investment decisions. By approx. 2023 all the Verge coins (16 billion) should also be mined and available on the market which will also see the price grow simply based on a simple supply and demand ratio in an ever growing, exciting and popular industry. An industry that the next generation is investing in now. The entire sector is young and the technology is only getting better and Verge is no different and I am sure the development team once they complete their current road map will look to the next stage of development/marketing which is infrastructure and mainstream adoption within their niche market. Time will be its friend. Hard work always pays off too. I see it as a $1 - $10 coin in the next 2-5 years and what happens after that will come down to market demand. Investments take time. 5 years for an investment to reach maturity is a reasonable time frame to wait. Current price is approx. 115 - 125 Sats. $.002 of a US cent. It can only go up from here and time will tell. I am in for the long game.

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