Xvgs partnership will be a let down, I'm calling it.

A few weeks ago, the devs at verge made a crowdfunding campaign to "announce a partnership". For this partnership to be announced, they needed a total of 75million xvg for this to go through. Why the developers needed the funds is beyond me, but here I'm just giving the reason why this so called partnership will be a huge letdown.

First off, let's look at Verges track record currently. They are notorious for copy and pasting code. A perfect example of this is from their recent mining
exploit(will be covering it in another article.) Instead of writing code, they took peercoins update and just pasted it into theirs. Not only did this not fix it, they actually hard forked their Network without realizing it. ANY COMPETENT DEVELOPER WOULD OF NOTICED IT. It actually took a miner who goes by ocminer to point out it was a hard fork. As of writing, the fix still isn't implemented, with deposits and withdrawals still suspended on binance.

Speaking of the exploit, that's reason number two. You expect some big partnership (rumor is Amazon lmao) to still happen even though you have an exploit that's still not fixed? Producing an infinite amount of xvg doesn't look like a good idea for any retailer to accept that as a form of payment. If this continues, it'll be worth nothing.

And finally reason number 3, they are notorious for hyping. Take a look at wraith protocol, and how many times they hyped their release? I believe it's 4-5 times(correct me if I'm wrong). And one of the times they hyped it's release, it ended up being the ALPHA. Even with it's release, calling it a privacy coin is questionable at best.

So, what do I think will be the announced partnership? NOT AMAZON, THATS FOR SURE. Amazon is big enough that they could make their own block chain if they wanted to. Best case scenario and I mean BEST, maybe overstock.com(which I still think is unlikely). No big name company with a good track record would not want it's name tied to a shitcoin. Maybe sears since it's going down the drain? XD

If you are a hodler, I either suggest dumping it while it's still up, or even if you are a believer... Dump it the day before. Chances are itll be another letdown from a shitcoin. But hey, who's counting their fuckups?

Thanks for reading! Feel free to comment below.

Source of top image : http://currencymarket24.com/how-good-is-the-privacy-offered-by-verge-xvg-coin/

Other image is from Bitcointalk.org

Also incoming, I'm working on a detailed explanation of the mining exploit. Get your bets ready if the exploit will be fix or not in time!