Block Explorer - http://blockexplorer.virtualcoin.ca/
Coin Supply (VC) - 746264.21840182
Current Block - 17853
SO = 746264.21840182 / 17853 = 41.08 Approx Block Reward
IN Coinexchange.io
Sell Orders - Total: 28058.97649407 VC ( Around Only 0.03% VC in Orders )
What About Remaining Coins ( Any One Holding All Coins For Good Price Right )
Well I am not complaining.. :-)
I was holding VC for a while, then realized there is no point holding too long else its good money in paper & faith.
Its not good until you sell and realize the gains - well at least part of it.
I sold of most of my VC at different levels anticipating a fall as payments realize after 2000 blocks.
Initially I thought this is something that will increase the price of VC since it cannot really be dumped while its mined at the same time.
Please the block reward calculation is unique.. that should help the price I thought..
But that hasn't resulted in any positive movement as such. Think that is only cause of the exchange it is on..!
Its opened an account in coinexchange only to trade VC. I did not find anything interesting there to trade..
There needs to be at least 1 or 2 more exchanges that list VC. For any kind of movement in the prices.
On coinexchange, since the users arent that active you may see sharp ups n downs in the prices but with no volumes - thats no good!!
In the long run, if the currency can be traded easily it will grow.
To make it acceptable, you cannot reach out to only handful of people. You ought to reach many many more individuals.
Whether these people mine or not. The more reach the better chance of acceptance. With acceptance the value/wealth will be UNLOCKED.
Done with my speech.. cannot stress more of the need for more exchanges.. a good coin needs to be accessible too.
Coin is ranked in #22 at coinmarketcap. But i do not see it reflects the current situation & value of coin since it has a "marketcap" of 32,000 BTC ($35 million) but volume in exchange is very low. Not even $1000.