Good Morning All. I just wanted to share some of the observations and research I have found regarding XVG. I tried to find a number of fellow steemit contributors as it's always good to support the community ;) My observations are at the end, but please remember these are just my impressions. Always do your own research, and invest wisely.
Predictions and Impressions
https://steemit.com/@tobeingawhale
Verdict = Bullish
Target price near 3800 sat
Time Frame = years not months
XVG Chart and Price Predictions
https://www.steemit.com/@beeridiculous
Verdict = 200 sat
Time Frame = Not Speculated
Is Monero’s (or All) Anonymity Broken?
https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken
Verdict = Potential huge downside, negative impact
Six Solid Reasons to Buy Verge (XVG)
https://steemit.com/verge/@initforthemoney/six-solid-reasons-to-buy-verge-xvg
Verdict = Uses @tobeingawhale as a reasonable estimate. Target price near 3800 sat
XVG Needs Some More Time
https://www.tradingview.com/chart/XVGBTC/eBAeLW0a-XVG-Verge-needs-some-more-time/
Verdict = Potentially bullish but be patient. Trade what you see.
Recent Updates / News
New Black Paper.
https://vergecurrency.com/assets/Verge-Anonymity-Centric-CryptoCurrency.pdf
Verge to be added to CoinPouch
https://twitter.com/coinpouchapp/status/896214147016392704
- coinpouchapp
Verge Transfer Over Discord Service
https://twitter.com/CryptoRekt/status/898073461133680640
- CryptoRekt
Overall Impressions:
XVG is a huge “POTENTIAL” coin. And by that I do not mean that it has a lot of potential based on tech etc (although I wouldn’t say that it doesn’t). My observation is that many investors are circling XVG so to speak because they see it as a potential opportunity for quick profits. It is one of the most affordable cryptos that has been around for a few years, and has active development. $5000 worth of XVG could potentially make you a whole heck of a lot more than BTC in 1-2 years…. but at 50-70 sat XVG is going to be very easily affected by whales. Barring any anonymity issues I like the speculation and slow growth approach of many XVG supporters. I think 200 sat is a good goal within the next year. With that said, I would not be surprised to see a pump and dump scenario play out within the short to mid term. Below 70 sat it's just too affordable for some people not to invest...