Post
Topic
Board Speculation (Altcoins)
Re: [XVG] Verge - Speculation & Discussion
by
jimbo2000
on 22/12/2017, 22:29:46 UTC
What is the highest point you would buy into $XVG?

Maybe I'm underestimating the potential and acting more out of fear but right now I wouldn't touch XVG at 800 satoshi. The price has soared in the last days and is over 10x where it was previously, I can't help but feel at some point a dump will ensue, let's not forget that although the future is promising and wraith protocol could be the big breakthrough, many who will have bought XVG the last days will have done it just because it is pumping and any signs of weakness they will have weak hands.

Yes it is scary and I would not buy more but I already have some. This coin has the potential of going to at least $2 to $3 or more by the end of next year if the Wraith protocol is successful. The crypto world is not rational and crazier things have happened. Just look at where XRP has gone in four years and that has a circulating supply of over 38 billion coins. Verge's circulating coin supply is less than half of that.

The potential is there, I still see best case scenario this coin could go something like 50x, I just always have fear when something pumps so hard. It seems to be performing well despite the uncertainty in the market right now with bitcoin crashing which can only be a good sign. Maybe my fear is misplaced.