Well all things considered my personal beliefs are that theres alot of people out there that want to see VRC fail because they know that whatever scam/shit coin they are working on/invested in can't hold a candle to VRC and that the price slump is due to market manipulation just look at all the evidence,
Exhibit A) When we first started taking off in price how many FUDDERS showed up trying to run people off and when that didn't work and we kept going higher we go to...
Exhibit B) The MP hack where 30% of all VRC was stolen, I truly believe this was perpetrated by the same person or persons behind the FUDDERs, but now we go to...
Exhibit C) The constant DDoS attacks on the SuperNodes that have been occurring the past few days, this is obviously a concentrated effort by a desperate entity trying to pull out all the stops to destabilize VRC, but now we go to...
Exhibit D) The OBVIOUS manipulation and suppression of the price of VRC by a person or persons, look at the fake sell walls, look at how EVERYTIME there is an uptrend somebody comes and dumps the price right back to the 15k range, if it really was an exit holders would have sold off on the open market and moved on (as most weakhands have) so now all thats left are the true investors/believers and the person or persons trying to kill VRC and suppress the market. We have even had ACTUAL FOREX ANALYSTS POINT OUT THE VRC MARKET IS BEING OBVIOUSLY AND ARTIFICIALLY SUPPRESSED. and then we go to last but not least...
Exhibit E) The lack of liquidity across the market in general, as it has already been pointed out there are plenty of factors attributing to the lack of volume and I STRONGLY disagree with anyone who says this isn't a factor because lets take a second to look at the numbers. Before the Summer loss of volume VRC ALONE on JUST MINTPAL had between 1200 and 1500 BTC volume DAILY, now the exchanges can BARELY hit that mark on their TOTAL volume much less 1000 BTC volume on just one coin alone. So please, tell me again how this isn't an attributing factor?
In Summary: Until volume returns to the market at large and we buy out the manipulator(s) the price is going to struggle short-term, but as long as the community stays positive and active and the Devs keep developing and innovating, the long-term potential of VRC is still as bright, if not brighter, as it was when price was 50k. This is just a perfect time for all of us to buy VRC on the cheap and hang on.
And add Exhibit F) (Which should have been for fudders) The blatant DDOS attacks on the super nodes. Thanks to the devs, those should be resolved.
I agree, some person or group is really threatened by VeriCoin. There are some suspects, but the important thing is to keep moving forward. Keep staking and riding out this oppression until the value returns to where it should be. I've got months of strong grip left in me. Hey, I'm a rock climber, too.