Verge: The "BIG" Announcement + Trading Opportunities
Verge's long awaited, highly anticipated partnership announcement is finally here! Drumroll please ... Who is the lucky partner? Turns out... Pornhub!
In all seriousness, this came as quite a surprise and is a fairly big deal in the crypto space. While it seems Verge paid fairly steeply to get into bed with Pornhub (sorry, couldn't resist), it is far better than Verge taking the money altogether. While this significantly reduces the odds that Verge is an outright scam, it doesn't change the matter of incompetence.
Therefore, it appears to me that Verge is more joke than scam (which is a significant upgrade). This means it is still uninvestable, but slightly safer for those of you who are trading it based on Greater Fool theory. I'd still sell, but that's mostly because I can't handle the risk associated with such cryptocurrencies.
Also note that I am not well aware of Pornhub's business model, but if it's mostly driven by advertising, I don't know how much of a difference the acceptance of Verge will actually matter. Either way, the announcement made for an interesting day!
The rest of the video discusses trading opportunities in the following cryptocurrencies (simply based on the levels they are trading at):
- Dash
- Ark
- Zcash
What are your thoughts on the Verge announcement? Let us know in the comments below. Thank you for watching / reading!
Dash is a great long term asset as its structure creates a treasury fund for mined blocks that can go to promoting and development activities that support the long term growth and adoption of the crypto. It has also concentrated efforts in places where the unbanked need the support.
Evolution is not the only catalysis for Dash. Their recent quiet announcement about getting a patent on their Dapp solution is huge. I don't know why its not talked about more in the news.
@cryptovestor Obviously this is the best opportunity we have to stop climate change in its tracks. Isn't this now officially a real use case lol?
I would love to see a video about your opinion on a Litecoin trade.
Honestly think you missed the point. Not Porn hub but Mind Geek. Google Mind Geek and you will see how big they really are. Dust will settle and it will definitely start getting momentum from this. I didn't know people paid for membership like they do but it is massive.
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Great video, thanks for sharing. I've smashed the upvote button for you!
If you are looking to get hold of some crypto without investing or mining, look into https://www.crowdholding.com. They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.
Hi, just a heads up about coinranker.net - you might find it more useful than coinmarketcap for comparing the performance of alts against bitcoin. The 7 day chart thumbnails actually reference satoshi values, whereas coinmarketcap displays USD value based thumbnails even if you are browsing satoshi prices.
Thanks for the informative content you contribute. I enjoy your youtube channel.
I am embarassed to own XVG 😂😁😄
DASH, and ZEC are obvious quality coins/tokens. I hold both and use DASH to actually purchase products such as on overstock.com. If you want to check out something totally badass, which I found researching DASH is uphold.com. Tired of Coinbase? Buy your BTC, ETH, LTC, BAT yes I said BAT here... and even Ripple. Not enough for you? How about Gold, Silver, Platinum? Not enough to get you to look. OK, tell me a website were you can send FIAT USD and trade for Swiss Franks, British Pound, New Zealand, and Australian dollars.... and about 10 other foreign currencies.... This site is apparently is so good, my local bank and credit union let me use my debit card twice, and now mysteriously is not letting me send funds to uphold with it.... The only stake I have in them if you think this is a shill is just my holding that I have put in so far. I have sent the funds flawlessly to Bittrex, and Binance to get my precious ALTs... Feel the Love!
I NEED TO UPDATE THIS POST! I have been using uphold for a couple months now. These 'clowns' suspended my account FIVE (5) days ago asking for more 'documentation' which I provided. 5 days ago, and all I get is a robo email saying they are 'reviewing my documentation'. I am beyond pissed, and I filled out a form on FinCen tonight to file a formal complaint. What professional company goes 5 days without replying to a paying customer, when they suspend your account? Anyhow, I made the mistake of leaving some DASH & Ripple on there along with some other funds.... Treat them like any other exchange if you dare deal with them. Don't leave any assets on their website. I can attest to that. Sorry I included them in my comment now.