Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
I've been a long in XVG since its first days as DogecoinDark, mining it when it was just a glimmer in the eye of Dev and only minable on a few different scrypt sites. I came across DogecoinDark when it was an infant on Suchpool.
DogecoinDark rebranded to VERGE and took on a brave evolution last year going multi-algo after being the target of a legit 51% scrypt attack based out of China. Dev took swift action against the attacker by implementing multi-algo. DogeDarkDev rallied a team-effort by many devs actually to act so quickly. However, it did create a supply glut crashing price now that 5 different algos could mine it.
I held my long position through last years pump and crash and intend to continue to hold a substantial long position in this great coin for years to come.
Look at it as a POW ICO, you get to mine and buy at fair market value until supply eventually dries up... (nudges Dev to then implement POS
)
but at the current mining rate the need to POS won't become necessary until 5 years from now.
And about the supply amount, how is 12.8 Billion a lot when these people alone have way more than that in USD?
https://en.wikipedia.org/wiki/List_of_members_of_the_Forbes_400
From such small beginnings we are at the point where people are demanding why this coin isn't a multi-million market cap?? Not bad
Dev has a real life and is a real person with a family and he does private projects as well as work on this coin. Give him space, he's done a damn good job thus far.
DogecoinDark rebranded to VERGE and took on a brave evolution last year going multi-algo after being the target of a legit 51% scrypt attack based out of China. Dev took swift action against the attacker by implementing multi-algo. DogeDarkDev rallied a team-effort by many devs actually to act so quickly. However, it did create a supply glut crashing price now that 5 different algos could mine it.
I held my long position through last years pump and crash and intend to continue to hold a substantial long position in this great coin for years to come.
Look at it as a POW ICO, you get to mine and buy at fair market value until supply eventually dries up... (nudges Dev to then implement POS
)but at the current mining rate the need to POS won't become necessary until 5 years from now.
And about the supply amount, how is 12.8 Billion a lot when these people alone have way more than that in USD?
https://en.wikipedia.org/wiki/List_of_members_of_the_Forbes_400
From such small beginnings we are at the point where people are demanding why this coin isn't a multi-million market cap?? Not bad
Dev has a real life and is a real person with a family and he does private projects as well as work on this coin. Give him space, he's done a damn good job thus far.