what's going on guys welcome back to a brand new video on this channel today I
want to talk to you guys about verge so there's a lot of stuff that's been going
on with verge unfortunately I wasn't able to make a video cuz if you saw last
year I posted I was on a beach ahead know if I won no Wi-Fi whatsoever I
wasn't able to upload anything so I'm so sorry about that but we are back right
now in the city with all the updates for yous
also guys if you guys are new to the channel and you have not subscribed yet
make sure to hit that subscribe button and hit that Bell icon right next to us
you guys notified every time we release a new video so those of you guys who
don't know what happened most of you guys probably do know there was an
account Ella there was a post on Reddit a thread on reddit that said that the
developing team had stopped working on the rape protocol and on verge that the
developers quit and a lot of those things a lot of negative comments on
verge and it turns out a lot of that was incorrect there was apparently this guy
who worked on a developing team a marketing team and he wrote that turns
out he's actually a nobody in the company and he was fired he wasn't
that's not like he quit he was fired so that's basically the rundown of
everything that happened now the result however if we take a look over here at
the coin market cap the result is that Virg is currently set number twenty at
thirteen point two cents so you know there's a big dip from what it used to
be but it is an incredible increase from what it was before that too so just to
look at the one month infer has been absolutely ridiculous you know just in
this one month Virg has gone from zero point zero zero six dollars all the way
up to a high of like zero point two eight three dollars and now it's went
all the way back down again to point eleven point twelve and then now then
again like went back up now it's kind of leveled off at thirteen cents roughly
fluctuates between like thirteen and fifteen cents now what this is and what
happened is somebody trying to manipulate the price of Virg
by talking negatively upon it right so they try to create similarly to how
cryptocurrency and there's a lot of hype if there's a lot of hype on a
cryptocurrency it will go up similarly the same thing happens if you can
convince everyone that this coin is a lie and that is what these guys are
doing they created fear they created you no doubt they created all that type
stuff and people then who sold their verge they didn't know what to do so
they sold their birds there's a lot of investors here who you know they they
they're weak investors they sell their verge if you saw them not saying you're
weak I'm saying like a lot of people are emotional investors and when they saw
those bad news they kind of sole it now is this something that I'm worried about
not at all um honestly this is such a short-term thing this all happened in
one month died less than a month you can see it was literally like two weeks this
all happened in two weeks if you're in this for the long run don't even load
the charts that often you know stay updated you don't want to leave things
and not look at it but you also don't want to keep constantly looking at it
because you're giving yourself a reason to fall for these little tricks and guys
after a high of 28 cents which was so cool you know we talked about it here
when it was like four cents right this is like four cents it was right in the
beginning it was somewhere over here was they weren't shot up
I thought long-term it was still a great invest but if you did get it at like
four cents you are still you know tripled your money so congratulations if
you sold it when it was at 28 cents I don't even want to do the math of how
much that is because that's too much math for me but the point is now the
good thing the good things that after was proven to be incorrect and all this
you know wrong news cause the price to drop we're starting to see a little more
resistance build a little more support build and we are going to hopefully
start climbing our way back up I'm in this for the long run like I said I
believe in Virg I like Virg so I'm going to you know hold my Virg and just kind
of leave it there and see what happens now another big thing another reason
this went down people saying the Wraiths protocol was a complete myth it's a
complete lie it's never gonna come out so the Virg Twitter actually said this
year we had one too many countdowns we are not launching those ever get they
had the Wraiths protocol countdowns it didn't work it didn't launch some the
times that they said they were gonna launch it so that gets completed didn't
work so whatever you find out there is a fake like this one so this one if we
were to just click on the links to see what it is yes I can't be recently got
taken down probably got you know someone took it down so that's good but so
there's not gonna be any more countdown so you see any countdown out there do
not do not believe it it's complete lies and another tweet on 26th of December
this is already a while ago guys I know I'm late to the party with these knit
with these with this update this news but starting today we are gonna get back
on track thankfully I'm at a place with good Wi-Fi again I'm gonna be able to
upload every single day for you guys but this this tweet said there are rumors
being spread on the internet that Justin Vendetta so son rock I don't know how
you pronounce his name it hasn't been communicating for for a
long time okay English there and that rate protocol is it real this is utter
nonsense and pure fun it attempts to create pregnant panic and bring down
verge price and reputation things are on track
hashtag xvg so guys it's like this pretty much they're saying it is a
complete lie this is the official virgin count also in case you guys are
wondering 114 thousand followers that's a lot of followers but if what he tried
to do what they were trying to do worked you know the price crashed but if we
look here the price crashed down to like 12 cents 11 cents and we're starting to
pick up again and we currently shot up again 17 cents and kind of leveling off
at 13 cents we are down 9% for the day with a market cap of 1.9 a billion US
dollars so you know there's a lot of news that's been going on with various
over it it's gonna be extremely volatile right now it's not like cryptocurrency
isn't volatile already right it's already something that shoots up 20 30 %
just on a given day so Virg having all this news you know
the news that brought it up originally with all the cool launches and the hype
and the Wraiths protocol all that and that when people are starting to say it
was a lie and people started to believe that it came crashing down so we've seen
too much volatility right now you know hopefully now that that was proven
incorrect we're gonna start seeing more support and kind of start building an
upward trend again starting now I do believe verge has a lot of great
stuff I'm excited for the reins protocol I'm excited for everything that they
have the coin itself is a coin that I'm going to keep holding because I am a big
fan of it also guys if you are interested in buying some Virg I have a
link in the description I was actually gonna open my description here but I
have a link in the description of this video to buy Nance you guys can sign up
for free chance for over some Bitcoin and use that to purchase your Virg
super-easy that's how most of people I know do it so now that we've kind of you
know debunked found out what's the truth we found out that they were just trying
to create lies now it's the moment in time where you guys if Virg is something
you are interested if you purchase something you actually believe in you
weren't just trying to make some quick cash you believe in the Virg currency
then you guys you know this should be no worries it's just a lot of volatility
because of news this always happens you know it was just a rumor it was a rumor
that caused the price to go down so you know buy the rumor I guess is they
saying that some people have so now that had job down so low it was also great
because we know we went up so much that it kind of corrected itself back down
make sense we were gonna have a correction eventually like here we had a
correction here we had a correction and here we had a correction so it was we
were expecting a correction this was a large correction simply because of the
news and it was started the scratches started because of the news but
hopefully like I was saying we're gonna start creating an upward trend a steady
trend a good trend of you know Virg enthusiasts people who believe in verge
of people who want to hold Virg for the long term that's the type of people we
should be interested in in buying Virg not just people who are trying to make a
quick buck but people who think oh this coin could actually get to like a dollar
two dollars and so on now another big thing you guys probably know
is that John McAfee's Twitter was apparent or instagrams are fake he only
has a certain amount he was hacked and basically the picture where it says he
said it could get to $15 is actually incorrect it's a lie he said it himself
it is a lie it did seem a little you know unrealistic to me do I still think
it is impossible for it to get to $15 by no means I still stand by what I said I
think if the coin is as good as we believe it can be or if the coin is
better than we believe it could be and the whole market cap of cryptocurrency
increases by SiC it's gonna have to increase by a significant amount though
right that's the contingency is total market caps gonna have to increase and
if Virg is one of the leaders in 2018 there's no reason why it's not gonna
have a high price now you know that's basically what I'm looking at the whole
cryptocurrency market cap currently sits at 558 billion dollars with a 1 with
basically two billion dollars in market cap for Virg now like I was saying if we
could get this to like I don't know a hundred billion dollars then you're
gonna see that price now right now it's unrealistic for us to say it's gonna you
know 50 times its market cap however is it impossible no in the long term if
this increases by a significant amount right if we have a 5 trillion dollar
market cap there's no reason why the verge market cap you know if you take
the if you take the ratio it would be at like 20 billion dollars which would
already make the price over $1 so that's kind of the way I'm looking at it do I
think it's impossible I really don't think it's impossible I think it really
depends on how urged the how the people ever is developing team the marketing
team kind of keep Virge going keep the hype around it keep the positivity
around it do not worry about the incorrect news if this news was real
then that'd be something we should worry about but it really was complete lies
and so it's not something we should take into consideration it's gone now it was
proven wrong make sure you do your research when you are when you're you
know gonna sell your coin don't just sell because markets are dipping a
little bit be the smarter investor what I love
do in these situations I love to just hold it and as soon as these bad news
comes to album comes in and the price gets you know ripped apart from
twenty-eight cents down to eleven cents what I like to do is I like to buy me
some more Virg because if I believe it's gonna keep going up I just got a huge
discount on Burch simply because someone's trying to provide the price
down now why were they try to drive the price down maybe they just are
completely against Virg their man you know if they got fired there's a good
chance they're a little salty and they're trying to bring the price down
but another thing that happens you see a lot in something so new like
cryptocurrency is people are afraid that they missed out you know there's the
FOMO the fear of missing out and they don't want to pay the elite price that
it's now at like the twenty eight cents you don't want to pay that because
that's that's a lot of money you want it back and when it was at eleven cents or
one set so what are you gonna do you're gonna try and talk down the coin so that
you know you try and drag the price down as far down as you can that way you can
buy it when it's all the way down so that's kind of something that we have to
watch out cryptocurrency that is volatility and crypto crises ridiculous
simply because there's a lot of there's it's not too hard to manipulate the
price if you have a lot of money and if you can create you know they create a
lot of hype so if you're someone who has a lot of power a lot of influence like
John McAfee you can manipulate the price so something you have to really be
careful about now I do believe everything's settled with
his Twitter as well so if you go on his Twitter you should be fine you go he
does state that he only has a few a few social medias I believe in his Facebook
it is Twitter and there's one other I only follow him really on Twitter though
but yeah he does have his account back and yeah face to Twitter Facebook and
YouTube see me on Instagram or anywhere else it is fake on Twitter look for the
check mark and ignore screenshots that is actually something we do have to get
better at as a community to ignore screenshot screenshots are so easy to
manipulate really it's the easiest thing to photoshop screenshots it's something
we should not if the screenshots are true then they're going to be actual
comment like live things where we can see it - and if you see a
you know with his page saying something it's a lot more believable than if you
just see a picture with John McAfee's page saying something now guys I know
this video went on for a little bit I'm so happy to be back though thank you all
of you stuck til the end and I'm so sorry for not being able to upload the
last couple of days I'm gonna try and double upload today those who stay tuned
later today we're gonna have another video guys hopefully you learned about
Virg don't forget if you want to go and buy birds click the link in the
description if you are new to the channel and you have not subscribed make
sure to click that subscribe button and hit that Bell icon right next to it so
you guys notified every time releases a new video let me know if you guys are
going to you know buy more version of your Birds Eye meal if you sold let me
know the stories that you guys have involving version if you think the
Wraiths protocol is gonna come out also by the time this video's release
actually managed to get more information so I don't have this as a 100% you know
proof or a 100% credible source but I have heard from people that the Wraiths
protocol was to be released between the 5th of December and the 31st of December
meeting we have two days for it to possibly be released I'm super excited
so guys if by time you're watching this video maybe it's already released who
knows but I want to make sure I updated you guys those are the days that I'm
looking at right now hopefully we get it before the New Year's that would be a
great New Year present without further adieu guys thank you so much for
watching I'll see you guys tomorrow for another video
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