There are reasons why the market price is what it is. REAL reasons.
One of the reasons must be the lack of work from the vericoin devs. No real work has been delivering for long. CLOAK is the best example that the hard or even little work pay off. It was just a rather simple CLOAK white paper released and the market response is very positive. I am happy for that and I could sell the CLOAK at 40k which I bought at 22k, but why there is no such work from the vericoin devs? Are they just incapable to deliver, not enough time for work or are they just lazy? It would be nice to see vercioin progress as other coins do and the easiest way to achieve that via working on the software.
So your comparing a white paper to solid development releases?
Edit - last time I checked Cloak was dumped with every other coin over the last 2 weeks, was down %80. Just sounds like you want to day trade, I guess we are looking for two different things here. I'm looking for a longterm profit in Vericoin, not a quick flip for profit. I'm looking for the next Bitcoin!
There was serious talk with @effects about Dev4 yesterday in IRC. He wanted to have a conference call with him with all three Devs, lots of community members where willing to contribute to the Dev4 fund including myself...we will see where this goes. Might be jumping the gun on them saying yes or no...I'm willing to contribute to the fund for Dev4 if I feel comfortable with the escrow and terms. He will have to show his identity to the community tho like the rest of the devs.