Aside from the price sliding back down, that's the only problem that I have right now and I think the price is a result of the lack of official communication (PR). My long term outlook for VRC is very bullish, probably even more so than it ever was) but right now I'm having a difficult time maintaining my positivity for the short term. I have bills to pay and after having bought into the pump this weekend I'm actually thinking about cutting my losses, which would have been gains if I had followed my intuition and sold some coins two days ago while we were up over %120 at one point on the weekly chart. As it is now, I sold all of my other alts and a bit of BTC in order to buy more VRC and am now kicking my own ass for having overextended myself but I don't really blame anyone else because I knew what I was doing. I just thought we would have at least established a base in the 14-16K range but without any official release pertaining to the latest developments regarding our inclusion in the superNET (and that last 5% of the wallet that seems to be loading slower than a Microsoft Windows update), I don't see us maintaining an elevated price until everything else starts coming together.
If anyone has anything to say that might cheer me up right now please do it because I'm really feeling foolish for having posted so many positive things about VRC under my real name on Twitter and also for telling my friends to hold when they asked me if it was a good time to take some profits.
Having said all of that, I do feel like this coin has been and continues to be manipulated downward by external forces but by withholding the news from the marketplace regarding the latest developments, it's only feeding the trolls, the dumpers, the cryptocurrency haters and all of the other naysayers (as it just provides them with more ammunition) so I don't understand why it continues when it doesn't really take all that much time, money or effort to write a simple press release. I know that this is a digital currency and not a publicly traded stock but sometimes, especially like now, there is no real distinction between the two in regards to the marketplace as both are impacted to a large degree by overall investor sentiment.
Before I hit 'post' I have to say that I just looked and saw that the price was going back up a little bit so hopefully it's not just a bulltrap and all that I just wrote can be disregarded but hope is not a very good investment strategy so please, please, please, let us work on the PR a little bit because I can't even imagine how others are feeling who haven't discovered all of the merits of this coin (as I have after having done my due diligence).
The only announcements were asking for 500k coins. Horrible communication from the developers. That used to be there strength. When was the last hangout! When was the last screen shot of things that they were working on?? Maybe they don't care about the coin as much who knows but I'm bout to take a bit as well. I knew either way I needed to sell this month but was hoping to sell a whole lot less. God bless the ruler of the 500k coins wish I was smart enough to come up with a gimmick to get that many coins.