you are 100% on to it here.
And this low price is a bonus - just keep topping up regularly as it goes down. When it goes up - as it inevitably will on the next BTC/LTC spikes your profit will be x10 not x2.
VTC will be a survivor of these clone wars as you put it.
Its important to keep focus on the long term during the journey THROUGH the Valley of Death. We just passing thru - not staying thanks.....
Keep your eye on this #1 Richest Vertcoin Address
since mid June this address has gone from 150K VTC to almost 500K VTC - and buy rate increasing lately. No sells since mid April - and no sells of any significance.
http://bitinfocharts.com/vertcoin/address/Vjf6QRCF1AsaMUeGBpN8ZtN2z2htiGkZXrCan you guess the strategy?
Crazy crazy times.
To steal a bit of SW we're smack in the middle of "The Clone Wars". We have many different coins based of many different variations of the BTC code base. As many know and have mentioned most of these coins are strictly a cash grab or a scam. Others are simple changes from a popular code which have garnered the attention of pump and dumpers. These coins will skyrocket up the market cap charts and just as quickly as they went up they come crashing back down.
Very few coins have the potential to survive the clone coin wars. These coins have also been pumped and dumped, FUD has been tossed around, hope has been lost and gained again and at the end of the day they survive. It's not going to be an easy ride, if you watch things too closely you'll feel the growing pains but throughout all of the obstacles thrown their way they overcome.
Now everyone take a deep breath. Inhale, exhale and try to understand were not backing a short term coin which will see fantastic pump and dumps. We're backing a professional coin which will continue to get better while others simply don't have the ability or dedication to do so. Our dev team has already exceeded all of my wildest dreams for what a cc should be. As a programmer I'm exceptionally impressed with how the dev team plans, tests, implements and maintains the VTC project. I'd be proud to have them on my team and I'm sure any project out there would be so much better for it.
Please stop asking them to fix the price. That's not what we're about right now. You don't build a great foundation and then toss it all away to temporarily bump the price. If you have faith in the coin, the community and the developers start working on making it better. This doesn't include complaining about it on any venue that will listen. I'm not always successful but when I read a post that is spreading FUD I do my best to ignore it. You'll never convince someone spreading FUD that it's FUD. Either because 1) they don't get it and never will, or 2) they do get it and are strictly there to troll.
Lets focus on the positive. Let's get the word out and don't forget to take a deep breath once in a while. VTC is not short term. It's long term.
Just so you know I feel everyone's pain I currently have 11k VTC mined and purchased from 009 - 0004. If I were to sell today I'd be down a substantial amount of time, effort and money. However I'm not so I'm not down anything. In fact at these prices I have the potential to be up that much faster.