Post
Topic
Board Announcements (Altcoins)
Re: [$XVG] VERGE [POW][MultiAlgo][BLACKHOLE][Entire Line of TOR/i2P Resources]
by
agostine
on 14/12/2017, 07:22:09 UTC
Hi guys. Im new to this and planning on buying and Hold for a while.
I have a quick question: Whats the difference between Core and Electrum Wallets??

@Yulian07 I believe the for the core wallet, you'll need to download the blockchain. The Electrum wallet connects to servers that have the blockchain so you don't have to download it. Personally I like prefer to run 'core' wallets but i have to admit I never used the Electrum wallet.

About the future price:

Given the Verge coin count of 14.3 billion:

- at 0.00001000 BTC (1000 satoshi) , XVG would currently have a market cap of 2.3 billion $, which would make it the #16 cryptocurrency.
- at 1$, XVG would have a market cap of 14.3 billion $, which would currently make it the #6 cryptocurrency, just after LTC.
- at $1000... well, that would be nonsense.

Personally, I think Verge is a great cryptocurrency that would definitely deserve a #16 ranking (so: 1000 satoshis or about x15 from where we are today).

Once people realize that an open ledger (the blockchain) means 'no privacy', they will start looking for privacy-oriented coins like Verge. And it does a great job at that.
Behind the scenes a lot of development is going on, making it an even better coin in the future.

Don't believe the FUD (fear, uncertainty & doubt) and always DYOR (do your own research).

Keep in mind that the other coins you referrer to also raise the market cap, Verge will not be the only one Wink

At 1$ we can still be around #50 or something.

Peace