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RE: Verge Coin - Think Of It Like A Crypto Hot-Potato...With Hacks (XVG)
I still remember getting in at $0.0069 on Verge last year before it mooned to over $0.2. I confess that I I sold way to early during the bull run since I never expected such an enormous gain from a privacy coin! Do you have any thoughts on DeepOnion that is tor-integrated with the latest version 0.3.3 including obfs4 and meek? It gives me more confidence than XVG that hasn't upgraded from 0.3.2 yet.
Selling early is a mistake I've made quite a few times. I sold some verge before the bull run too, I've learnt to HODL the hard way, hodling some Verge, PIVX and DeepOnion for my set of privacy coins.
I was in Verge at around 80 sats, to be honest I got in it because I liked the ideas of multiple PoW Algos not because of the privacy. I am like you, full of regrets about XVG and TRX which I both holded before they pumped really hard. I am not getting back into XVG, I feel really bitter about it, I would rather go into real privacy coins like Monero, DeepOnion or Zero. I would like to find new Proof-of-Stake privacy coins like DeepOnion if anyone can recommend :D
Man I have such regrets about Verge, back in November it was around 0.6 cents and I had put that project on my "To research list", among many privacy coins, but then I forgot about it. Of course a month or so later it is mooning hard with 50x the price almost. I wish I had taken the time to research it.
Now, if I find a coin of interest, I make sure to take the time and do the research. DeepOnion was actually one of the projects that I had put up on my list in November and that I have taken the time to research and invest in. I am looking forward to seeing how that project develops since I think it has at least the same potential as Verge.
I am going to learn from past mistakes and HODL for the long term in the projects that I believe in.
Been there, done that and I'm fairly done with Verge. Been there since start, even mining while it was profitable but after they failed to deliver so many promises and missed so many deadlines I decided to step back. I know about DeepOnion project, latest wallet update (from literary few days ago) brings up Stealth Addresses support and airdrops are near the end so they will soon be on bigger exchanges, quite exciting times coming up for that project.
I'm in the similar situation like you. I have bought Verge when it was 400 satoshis and luckily sold it all when it was 1300 satoshis and after that it crashed. Also I was mining Verge, but it wasn't profitable so I quit with it. Verge has the questionable development team and I don't wanna invest in it anymore. So in the world of the privacy coins, I have found the better one. It's the DeepOnion. So far I'm thrilled about it, really remarkable development team and amazing community. This coin will probably have the promising future.
I couldn't get into Verge because I've started at investing late (above I follow currencies time ago) but I'm investing in some young coins. One of them is DO too and I think that it's a good moment to buy, it hasn't reached moon yet and it's doing everything possible to do it. I really trust in what you said: "This coin will probably have the promising future".
I remember the good old times when Verge was the hype of all hypes out there. I managed to make some good bucks from daily trading and this was it. Their features are OK, but their way of promoting and releasing them is a complete disaster. However I'm still a fan of privacy coins and solid projects like DeepOnion are a big + for the whole privacy coin world. All the features that these guys release and the way of bringing them to the masses is on another level. The giants Dash and Monero are going strong too =)
I agree with you, privacy coins are getting stronger, not only DeepOnion, Verge or Monero are good projects with a huge future. There are many others. In my case, as fan of privacy coin, apart from the cited three, I'm following closely Pivx and zcash. I think that 2018 will be year of privacy coins.
I'm sure Verge is too overpriced for now, cause there was too much hype around it, especially after McCafee made it a "Coin of Day". But there are much more privacy-focused coins, I like DeepOnion the most since they are developing faster than others. In 8 months they did more than no other project did, even in case there was no ICO, only an airdrop.
Same here, I sold Verge too early at some point but that coin had made me skeptical the more I read about it. In the end, I got a small profit and didn't really regret selling and moving on to better coins like DeepOnion. Unlike Verge, I never had doubts about DeepOnion and I'm still a proud holder.
Honestly Verge is a 3 and a half years old currency and really didn't have anything going on for years. It has been pumped in december by people like McAfee, some people took insane profits but since then it is on a steady and strong decline, and I feel like its more than just the BTC drop we are experiencing. They seem to be past their prime time, I just would not invest in it anytime soon. Though the idea of privacy coins is something I'm in love with. Would like to see an article from you about other privacy coins like Monero and DeepOnion
My exact thoughts. I got interested in privacy coins, Verge seemed great, but when I saw how long the project is on and what is the price, I said "no". Placed my bets on a young, progressive project that just evolved since July 2017. It is already mentioned and I am glad to see how much people recognize a quality coin. Would like to see an article about DeepOnion as well.
You sold too early, but I still have all my verge while I should have sold when it was pumped due to the whole john mcafee pump and dump XD