A little more dip action followed by a lot of growth.The retracement on the spike up that we had previous to the announcement for several weeks seems to have almost hit .618 levels, so there's a potential...especially with the momentum we have with the MindGeek partnership to board XVG as their only cryptocurrency payment system. XVG was approached by them because of the privacy and security of the currency. A quick Google search of "MindGeek" will show you everything that happened today.
I think there was a lot of fear when the announcement first came out and it caused a lot of panic selling. The announcement (partially because of twitter downtime) we delayed and distributed to in pieces over the course of thirty minutes to an hour...then we suffered massive paper losses as this thing finally came down from the FOMO run.
Honestly, I think as more people read about this partnership and stop believing in all the FUD they see out on Twitter and reddit...they'll realize that the insanely massive exposure to the Verge name alone is worth it to us holders, let alone an endorsement. They ended up selecting Verge as their currency to enter the crypto market with. WIth hundreds of millions of users daily, international presence, SEO expertise, etc, etc, etc...This should be a great way to potentially introduce a lot of people that don't know about Verge to it and even be able to convince people that it is their most secure/private/anonymous option out there for these kinds of transactions!
Could write a book on all the media coverage from today (PCMag, Yahoo, Forbes, Fortune, Business Insider, Mashable, The Verge, a tons more)
Hold tight, maybe a slight dip down further but I'm expecting a rally from there and some ATH coming up in May
Mindgeek
XVG partner reveal MINDGEEKXVG official partner reveal turned out to be Mindgeek!
Mindgeek is a privately held company headquartered in Luxemburg operating from Canada.
It's main focus is internet pornography incl. video sharing services like Pornhub, RedTube and YouPorn.
As well as film production companies like Brazzers, Digitalplayground, Men.com, Reality Kings and Sean Cody among others.
What will this do for Verge and crypto in general?
We will have to see but since a lot of money is going into porn I assume this will raise price of Verge and spread worldwide marketing for Verge as well as crypto currency in general.
As for short term price action indication I have no idea yet.
"The future has cum" lets see where it will take us
"NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."