Sorry if it takes me too long for the answer. There are some aspects to be mentioned:
1. vertoe ist not your average Joe developer, he has showed his skills, which is pretty rare in current crypto world ( All the Proof-of-Dev are pure bullshits and worthless IMHO )
2. vertoe doesn't plan to take over this coin to P&D, he even didn't want to announce anything. Someone just noticed his activity on github and massive bought the coin @ cryptsy.
3. vertoe's reputation is pretty recognized at DRK thread, so when the rumor started that he makes a new coin, some whales/traders bought CACHE as well. With a few BTCs from each, the coin was pumped almost 100x because of its poorly market cap.
4. vertoe was forced to announce something before having time to prepare his ideas + roadmap. ( He has a family to feed and doesn't work for free everytime)
5. After people got enough of CACHE, they stopped buying so the price drops, which is pretty easy to understand.
6. For your hatred towards JasinLee: AFAIK vertoe never has any connection to this scammer and he lost a pretty heavy sum to him as well.
Regards,
I dont know much about vertoe.
But what I know is, I have lost a substantial amount with cache and jasin lee.
Whoever is vertoe, he has his own agenda in reviving a scam coin, just think about it
He could have used his skills on a brand new coin of his own or there are plenty of other scam free coins , which would appreciate some skilled developer's help.
Why this amazing developer is still after this scam coin -- his own profits?
If he wants to make profits, then this coin has to be pumped to a higher value (with his reputation, of course) and then he will dump his stash on these poor shrills.
Its not rocket science dude
This coin has already scammed many in the forum,
the scammer is still holding around 100k of scammed coins (may be more) and
whats the purpose of this coin ? -- facilitate more scams.
