Post
Topic
Board Speculation (Altcoins)
Re: [XVG] Verge - Speculation & Discussion
by
kel-alt
on 08/08/2017, 19:02:19 UTC
Other than Monero and Zcash, IPs will be completely hidden. It's a truly anonymous coin.
what about fungibility? is that also solved in Verge? Sounds almost too good to be true. As a monero supporter I'm torn Smiley

kel-alt -
As far as I know 'fungibillity' means you can divide something into pieces and it does not seriously affect
the value. Like you can cut an ounce of gold in half an both halves are still worth half of what the ounce
was worth, but if you cut a car or a teddy bear in half it seriously lowers the value.
Maybe you mean 'liquidity', which is the ability to readily exchange one asset or currency for another.
Verge is on Bittrex where there is quite a bit of volume. 355 BTC or 1.2 million USD is total volume as I write,
most of that on Bittrex.
 With this kind of volume I imagine you could buy or sell 3 BTC worth anytime without much trouble. That
would be about 3 milllion or so XVG.
I just got an Android phone that will load the XVG wallet that is the
only phone wallet that sends a coin totally anonymously and will download it when I hear the password bug
has been fixed. Then maybe show it around and try to get more users on board.