/biz/ - Business & Finance

It's not FUD. It's a real scam. Not disproven.

>>5473271
Verge does a good enough job if FUDing itself.

Verge is a scamcoin though, I don't give a shit about what drama is surrounding it.

>>5473288
>>5473340

Verge itself might be a dead-end project, or even a scam, but the developer communication claim was pure FUD.

It's DogecoinDark rebranded and every bit as shitty. You do the math.

>itt find the one non fud poster

>>5473288
This. I knew this was a shitcoin as soon as I started looking at the tech. Doesn't compare to monero and devs aren't doing shit.

McAfee stilled it so it blew up because people like the idea of a stealth coin that's cheap.

Let's take a look at the other coins mcafee shills.
>reddcoin = deddcoin, dedd in thhe summer
>dgb = same
>hmq = never even heard of this coin

>>5473374
What is wrong with dogecoin?

>>5473406
It's time to leave.

>>5473388
please support your statement of >the devs arnet doing shit
the git is active and commits are less then 24 hours old

>>5473388
Yeah DogecoinDark (now Verge) paid McAfee to shill. What does that tell you? It's propped up artificially and set to crater spectacularly.

>>5473378
itt : find the one non deluded poster.
if you were smart you had some verge 1 month ago and dumped on you faggots at crazy high.
now go bleed away with your coin. and don't come back faggot.

>>5473271
You obviously just got here. This is a known scamcoin. Welcome to crypto. Next time do some fucking research before you spend all of your allowance.

>>5473388

>>5473435
Hmm then sorry anon. I'm wrong.

>>5473271
I looked up the facebook of @kierankyle ... LMAOOOO makes me scared of altcoins all together now

>>5473435
>UI "upgrade"
wew lad.

>>5473435
Devs say wrath would come out over and over again, doesnt.

If you read the tech behind wraith it is very cool but not practical.

Even if Verge is a complete scam, I still haven't seen a response as to why a Twitter account was hacked to spread misinformation about the devs. So what's the story? A benevolent white hat at work?

Im not falling for it. My whole discord channel has gone silent with loss after trying to hodl through this. It's a shit coin and I never fell for it, I just watched

>>5473435
And what are those commits doing anon?

Darknet market adoption says it all. It fuds itself.

>>5473435
Did you even look at the commits? It's just copy & pasted code from Tor (nothing new) and ShadowCoin (stealth address implementation that never worked).

>>5473579
Why not? Someone made money from that. Could have been anyone

>>5473406
It came out when there were all sorts of doge related scams like dogecoindark, litedoge, dogeplus, etc. They made it look dead, scooped it all up cheap with their friends, rebranded it and now dump on noobs.

>>5473508
i dont get how people get such a FUD hype and never dare to check the git

it really seems like reddit influences a lot


>>5473593
adds tor to the client
https://github.com/vergecurrency/VERGE/commit/d31427a109a66d34a793b45f6a03ffa6a6acf689

stealth adress support
https://github.com/vergecurrency/VERGE/commit/8d1bd624c47f3c1643b137d2579d6766e8eae2ff

>>5473632
>Someone made money from that.

This seems like the answer, but how and why?

>>5473653
I did check it the other day anon.

Also, adding tor is meaningless since they're just using other people's work AND Tor _does nothing to enhance privacy for crypto on its own_.

Stealth addresses are good but other coins have already done it and done it better.

>>5473627
why would you change anything in tor? you build against it and add hooks to the client

>>5473579
He wasn't hacked, it's just a dumb nigger that tweeted out the reddit post, which wasn't fud, it was based on facts, to his massive 4+ million following. He also told people to sell on his patreon (yes this dumb nigger has a patreon where people pay him for his "advice" on crypto)

His follower base consists of mostly dumb niggers as himself so they instantly followed his advice to sell causing the dump.

Then after it crashed maybe he realised what he did so he quickly deleted the tweet and told everyone they should buy now that the price is low.

Following a lot of frustrated followers attacking him telling him they lost a bunch of money cause of his bullshit.

He then deleted that tweet as well and claimed he got hacked and that that wasn't him, but all the tweets were tweeted from the same location and he posted the sell advice on Patreon as well.

He then started posting "proof" in his own little dumb ape way, taking pictures of his screen where he showed he didn't have any transactions on his Binance account, then someone asked to show how he got his account back and he took another photo of his screen which had a twitter password reset without a timestamp or anything.

TLDR; Dumb ape with a too big of a following caused XVG to crash, he tried to cover up but a lot of people lost their money and he will probably end up where all niggers end up in the end anyway.

>>5473697
This. Adding tech, doesn't mean it's useful tech.

That wraith protocol would be nice but there is a picture that explains the differences between monero and verge. And it makes you question the practicality of verge. Someone have it?

>>5473579
>>5473739
This is the ape https://twitter.com/6BillionPeople/

https://twitter.com/pasdinspirate/status/945446357417984000

>>5473697
ok, listen up.
if you use ANY security application like openssl tor you want to stay as close as possible to upstream.
why? because they audit the shit out of the releases. that makes sure it is secure and works.
if you implement ANYTHING for encryption it would have to be audited by A LOT of people to make sure its secure.

it would worry me a lot more if they had applied changes to the tor base.

>>5473771
That's fucking hilarious.

I feel so much better about my small loss from redd now.

>>5473824
I'm not saying they should have changed Tor, I'm saying merely adding it doesn't mean they're competent.

>>5473771
Hahahaha niggers

>>5473739
Thanks for the info on the ape, but who made the Reddit post?

>>5473653
>stealth adress support
>Copyright (c) 2014 The ShadowCoin developers
https://bitcointalk.org/index.php?topic=1361131.0
>>5473703
The point is that Verge already "supported" Tor, as does every other coin in existence.

>>5473842
but thats how it was supposed to work
they hook the client into tor and use this to hide the client IP
no competent developer would implement encryption or anything the likes anew AND THAT IS A RULE because the danger of fucking up is to big
that is why if somebody says they create a new encryption scheme its a big red flag to question everything the dev says

>>5473858
It was just some random reddit user I'm sure, he actually had proof, the facebook posts he linked were from the VP of marketing for Verge (Kieran Daniels) telling everyone that Verge was just a one man show and that Sunerok stopped communicating with the team 2 months ago.

Kieran deleted these posts off facebook after this shitshow.

>>5473897
the point is not "support" but client integration as in ape press button to send over tor

>>5473927
>they hook the client into tor and use this to hide the client IP
Yeah this isn't useful though. This is the kind of thing you add after you already have a privacy coin, not to make one.

>>5473479
Needs more pink wojaks

>>5473739
This low iq pol rage

>>5474079
Would it be a higher IQ post if I replaced "nigger" with "African American"?

Nothing I said was made up, everything I posted is based on events that happened in the past 3 hours.

Hmmm I only bought 1k verge at $.11

Should I just dump it all now or will it stabilize higher than what it is now? (.16)

>>5474509
anon let me tell you something about the market

This completely garbage shitcoin got shilled to 3 billion market cap (which I'm okay with). The african american representative fudded it to hell causing a flash crash, then he said just kidding and the twitter shills came out in force to cause a rebound.

It's tainted, the market can't shrug off something like that.

>>5474580
niggers ruin everything..

>>5474580
How is it still riding along at around 1200 sats when it went as low as 800 earlier today?

>>5474744
that's what a FUD is

>>5474580
nothing in this market is rational imo

Maybe it's time to sell.

>>5474744
Look at the last DGB pump, volume will die along with price. Just going to take a while before there's still 2.3 bil

How do I know all of these FUD comments aren't more coordinated FUD

>>5474975
You don't. This is the wild west of finance and shadowy rooms of autists watching charts.

I'm wondering the same thing you are. It's going to be a real shame when this gets regulated just like everything else.

Buy up during this DIP, ignore FUD posters. XVG to $0.50 by end of year. Screencap this.

>>5475451
How does TA account for a 4000% jump over one week? There isn't anything fundamental about it.

verge developer is a psychopath, there is no chance that this currency will ever work

>>5475451
I'm going with Haejin with this one. Looking forward to seeing his updated charts after the big dip. He's predicting $5.50 sometime next year.

>>5475451
haejin is the man, but his charts are so small. How did you get it so you can see the fucking dates. I thought that chart was suppose to happen in 24 hours and it never did so i SOLD

>>5475503
shh he thinks you can TA pumps. I can paint the red tape too lmao

I'm just here to laugh at the idiots who actually thought this legitimate shitcoin was gonna keep going up after pumping 40x

Enjoy your status as the new Digimarines

>>5473271
It's literally a scam project. Dyor dummy don't follow mcmeme on Twitter blindly.

>>5473435
This is what a real project vs a scam look on git pulse.

literally dogecoin fork anyone who bought this should die

also hiding IPs isnt fucking revolutionary monero is doing it in their kovri update look it up

>>5476784
I'm actually kind of impressed at the net -13% to the codebase for NAV in that time.

It's 3-4 months that we say that XVG is a scam, or you won't listen or you're too new to know.

Also the McAfee endorsement sounds like a double scam.

>>5477192
Is there even a link to an official endorsement from him or just a ''''screenshot''''