Flying under the Radar - Verge (XVG)

in #cryptocurrency7 years ago

One of the very first cryptocurrencies I invested in, Verge is not a glamour kid but rather a crypto ‘introvert’.

From Blockonomi.com…

Verge ( XVG ) started life as DogeCoinDark back in 2014 which makes it one of the older anonymous coins, when it was launched it’s goal was to be a fun anonymous digital currency, in February 2016 it was rebranded to become Verge.

There is a very strong community backing the development of this currency and it’s ‘accessories’ . One main developer who is clearly not interested in fame and glory ‘Sunerok’ is supported by 10 other developers.

From Vergecurrency.de a summary:-

VERGE is a symbol of privacy and progression in the altcoin industry.
VERGE private networks span the entire GLOBE.
VERGE is the privacy focused & secure alternative to other cryptocurrencies.
VERGE can be mined using 5 different algorithms.
VERGE is a secure, anonymous, and constantly evolving cryptocurrency.

There are 16 Billion coins in circulation which does hold the price back at this stage but when one considers that RIPPLE has 38 billion in circulation and has recently touched $0.28c there is no good reason that Verge cannot at least reach into single cent digits, especially as the privacy and security is very key to this particular coin.

Some of the innovation shown by the dev team:-

  • An Android Tor Wallet
  • The ability to send Verge on Twitter
  • Discord accepts XVG payments Announcement here
  • Listed for trade on the decentralised exchange Blocknet

It seems I am not the only Steemian who fancies this one . Previous article by @marcdekoning

Some really informative stuff can be found on the social media links below, there is just too much to cover in a one page blog

https://www.facebook.com/radioVERGE/
https://kiwiirc.com/client/chat.freenode.net/?nick=xvg%7C?&theme=cli#verge
https://www.reddit.com/r/vergecurrency/
https://www.twitter.com/vergecurrency/
https://www.facebook.com/VERGEcurrency/
VERGE Official Facebook Group
https://t.me/VERGExvg
https://verge.typeform.com/to/RxDLtL
https://discord.gg/ehjyKQv

For the record, I do STILL hold those initial coins I bought and do not intend selling them as I hope to be able to use them as a currency under the radar in future. I paid 4 Satoshi’s and spent around $7 ...a little beer money.

Thanks for reading !!

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Good points in this article. I was about to start a similair discussion. Cryptos will probably go through a more extreme pattern that bitcoin went though. High ups and high downs before it becomes stable. I was researching a way to find more info about the current cryptocoins on the market. I found this amazing platform: https://www.coincheckup.com I'm using this site that gives in depth reports on every tradable cryto in the market. For example: https://www.coincheckup.com/coins/Verge#analysis For a complete Verge Analysis

Hi @natalie1, thanks for stopping by my blog and for taking the time to respond.
You are correct about the path crypto currencies will take, and add to that some of them will fail altogether. I have invested a lot in SIA but I am starting to believe this one may not survive, so I will start moving over to others. Thanks for the link, I shall definitely check it out.

The development team of Verge seems to be on the task. They just released tipping XVG on twitter feature.
https://steemit.com/verge/@gokulnk/let-us-tipp-10-xvg-to-monero-team
If they deliver on their roadmap I think 10 cents in next couple of years.

I agree with you. They are very dedicated and not just out there for a quick buck.

mmmm interesting!! I have been watching XVG for a while now and (despite getting my ass kicked with them a few months ago) I still believe that they gold value and that one day this coin will be a on its way to becoming a power house. They hold value and a good premise, but like you said, their coin supply is rather big... but IMO, this is because they're thinking of the long term :)

Correct. No quick fixes and quick wins. More like a vision and idealistic. I hope they do really well ..... and not because I invested beer money...just because they have passion for their dream

VERGE seems to be extremely interesting. Thank you for sharing this information with us, you are very cute

Thank you for reading and taking the time to respond. I appreciate thst

Thank you too! :D

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