Verge has delivered healthy gains from previous moves leaving ample time to take profits. The same can be said for the entry points if you are swing trading. I am all set up for the next swing. what type of entries are you planning?
Great chart, thanks! In addition to the upcoming technical developments, IMO there are some factors that are not reflected on the price yet due to the current bear market:
1) Block reward halving (May 9 2018) which means the supply from mining is cut in half. So, less coin supply in the market.
2) MindGeek partnership (PornHub, TrafficJunky, etc) on April 17 2018 which is HUGE since they control around 10-15% of all the internet traffic.
3) TokenPay partnership which will pave the way for Verge debit cards. This is also a huge step for mass adoption because you will be able to spend Verge anywhere that accepts debit cards.
Depending on Bitcoin's movements, 50x or 100x is not unrealistic for me in 2018.
hooman1604
⋅
VERGE
A truly decentralized project working with some of the most talented minds – Why do I say this
Has anyone heard of RSK smart contracts? (The world’s most secure smart contract) They are a very well respected and well-funded project working with some of the world’s best scientists and engineers. RSK recognized the talent of Justin Vendetta (Verge dev) reached out to Verge so they can work together – how is that for credibility?
RSK will be integrated into Verge and as a result Verge will reap all of the technological benefits including
- Being able to deploy or build any dApp onto Verge (meaning here we have a project that is not only a privacy coin but will basically be able to do what Eherium does as well) – If you do your research you will see that RSK smart contracts will definitely be giving Etherium a run for its money as they are developing quite the superior tech.
- RSK will launch Lumino. A combination of the best features of Lighting and Raiden network – Before end of the year RSK hope to launch this which will allow for 20,000 transacitons per second
- Verge will also be able to achieve decentralized cross chain trading via Saturn network (which will run off RSK - icobench.com/ico/saturn-protocol
Why will Verge succeed?
The single most important mission for any project that has a working product is MASS ADOPTION – Verge is always moving forward with the intention of mass adoption – Apart from getting on new exchanges how does a project reach those who are outside of the crypo community? Verge has the answer to that as they have partnered with Token Pay who have acquired 9.9% of a German bank with the option to make full purchase pending regulatory approval (which is very close) TokenPay CEO has been working tirelessly with regulators in order to make sure that Verge, Litecoin and TokenPay debit cards will be released – For any challenge that they have faced a clear solution has been found and implemented.
What else is yet to come?
- New codebase (not to be underestimated) as it is stated it will be rivalling bitcoin’s codebase
- 3 NDA’s yet to be announced
- Revised Blackpaper (with additional 10-15 pages)
- Ring CT integration
- Official iOS wallet + updates
- I2P Android wallet
- Mining update
- New Vendors
- New exchanges
- Merchandise store
Holllandd1
⋅
Hello, is your realistic goal $5 end 2018?
GJMRealEstate
⋅
it's all up to the market. verge delivered a significant gain during the 2017 bull market. the majority of the gain took place in a matter of a few weeks. do you hold positions in verge? what do you think?
Holllandd1
⋅
@gjmullen, Yess i have a xvg bag. I think $0.30 / $ 0.50 2018 is realistic. When all the tech is out. Rsk, rebased codebase, ring ct, shop, debitcard, android wallet, partnerships, tokensuisse enz... maybe in 2019 we go to $1
1) Block reward halving (May 9 2018) which means the supply from mining is cut in half. So, less coin supply in the market.
2) MindGeek partnership (PornHub, TrafficJunky, etc) on April 17 2018 which is HUGE since they control around 10-15% of all the internet traffic.
3) TokenPay partnership which will pave the way for Verge debit cards. This is also a huge step for mass adoption because you will be able to spend Verge anywhere that accepts debit cards.
Depending on Bitcoin's movements, 50x or 100x is not unrealistic for me in 2018.