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Verge [XVG], Brazzers and Pornhub – the epic partnership which has XVG trading at -30%

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Verge, Brazzers and Pornhub Partnership
Source: Youtube - Pornhub

After the heart-wrenching wait for Verge to announce the “most-awaited” news, the Pornhub and Brazzers partnership evoked mixed reactions from the market. Although fundamentally the community felt it was the right move, many from the community were left disappointed with the move.

Verge [XVG] dropped down to trading at the number 28th position on coinmarketcap.com with a market cap which was barely hitting $1 billion. At press time Verge [XVG] was trading at $0.067 to a token witnessing a 30% drop in the past seven days and a 3% drop in the past 24 hours.

Verge's weekly report - Drops by 30%

Verge’s weekly report – Drops by 30%

The -30% drop experienced by Verge is the biggest drop among the top 300 tokens. According to rankings, the coin the next coin that has lost so much value is currently trading at 328th rank on coinmarketcap at press time, a lesser known token called ECC which was trading at -32%.

Just a day post the announcement, Pornhub announced that they had already received “thousands of payments” through Verge. There were other observers who mentioned that Pornhub didn’t receive “thousands” and that they had not even received one thousand at the time of the announcement.

Despite how the markets react, Verge supporters and the community stand behind Verge stating that most technological revolution starts with the porn industry first before getting accepted into mainstream society.

Alan Cortes, a crypto fanatic says,



“This is the only mainstream application for cryptocurrencies I have seen so far. Not talking about blockchain. Just crypto as in currency. It all starts with the porn industry, wait for it to go mainstream. Whoever sold/dumped now are going to regret it. We could see Verge go back on top and possibly even in the Top 10 within this year”

An interviewee who is not in the crypto industry and who didn’t want to be named says,

“I am not ashamed that I watch porn but it’s still a stigma and I would like to protect my privacy. Wouldn’t mind paying a bomb for quality porn but would never want my identity compromised. What Verge has done is, opened doors to a lot of people who want their identities protected and enjoy without being compromised.”

Despite the drop in prices, many argue that there is still a very strong use case for Verge which opened up after this current Pornhub and Brazzers partnership.





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Andrea Pierre Jackson is a contributing News writer at AMBCrypto from December 2017. She has previous writing experience with major publishing houses in the UK and the US. Andrea currently does not hold any position in any cryptocurrency or its projects

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    Chais

    April 25, 2018 at 8:44 AM

    How nice that XVG took the bullet for all other cryptos.
    XVG = true martyr.

    Now 50% of all prospective users (women) will flock to other cryptos! Maybe that is why XVG is tanking and others are gaining!

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Bitcoin Cash

Bitcoin Cash [BCH] rolls out iOS version of Bitcoin Cash Register

Rishi Raj

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Source: Pixabay

Bitcoin Cash [BCH] recently made headlines when the CEO of Bitcoin.com, Roger Ver got involved in a bet of $10,000 with Tone Vays, a popular Bitcoin maximalist which the former lost. After launching a free point-of-scale solution, Bitcoin Cash Register for Android operating systems, Bitcoin.com and its developers have rolled out an iOS version of the same.

Bitcoin Cash register allows anyone with an Android or iOS device to accept BCH payments. This came as a part of the company’s agenda to promote the adoption of crypto in the mainstream. With the installment Bitcoin Cash Register, it would be easier for retailers to accept BCH as payment from customers.



As reported by Bitcoin.com, Bitcoin Cash Register claims to be easy to use without any prior account registration and the transactions are carried out in a non-custodial manner. This was confirmed by Bitcoin.com via a tweet:

The bet between Roger Ver and Tone Vays regarding the low transaction fee had left the social media divided, with proponents on both sides arguing about the authenticity of the bet and factors taken into consideration while betting.





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