Post
Topic
Board Speculation (Altcoins)
Re: How Verge's "partnership" tanked [-25%]
by
Suslived
on 18/04/2018, 07:22:12 UTC
announcing an 'announcement' never seems to fail to spark an empty pump. it doesn't matter what the news is it's always going to fall once the news is out. in this particular case it's a reasonable cut above the average junk most coins come out with, but it's still a sell the news event.

Good point. If they simply just didn't "announce the announcement" and suddenly popped up with a pornhub partnership one morning it would have been EPIC.

That being said, i believe that the Verge team made a good decision going with pornhub. It's one of the largest websites in the world and has the transaction volume and privacy needs worthy of cryptocurrency. It may take some time before people realize this, but in the end, Verge made a good move with this partnership.

But... Who pays for porn these days  Huh

A lot more people than you might think. I can't find it right now but just google some statistics of pornhub. You'll see why there are so many ads on porn websites. Imagine all the perverts in the world who pay for prostitution. It remains a business/occupation because it is profitable. What more with online porn where people want to see these people from the comfort and safety of their homes.

The only problem is that traditional big businesses are run by boards and majority of them will almost always see "porn" as something taboo. Thats why I believe Verge value when down. But in the long run, the right investors will come and pump Verge till it cums.