@policymaker
I don't think there will be a significant dump on VRC, if any. The community is well incentivated cos of the devs efforts, fast response and numerous "coin first" feats of VeriCoin.
Not FUDing at all, in my portfolio my 2 favorite and biggest bags are XC and VRC, so not a fanboi, just an investor opinion. Both are IMO the best alts in town.
VRC will get out of this one stronger than ever, wait and see, if there are any dumps there are investors more than happy to get them cheap.
Hope XC kicks up fast too, has been in the 16-18 world for quite a lot and itches to hold long
At least we should see some spikes for adrenaline
Eth.
Just my short term estimations for VRC, nothing more. Im just guessing that some investors going long might want to diversify their portofolio because of doubts. Hacked mintpal was handled pretty well, undoubtedly, but it still created uncertainty.
I think XC has already had its fair share of FUD, so its even more ahaid of any competition in that case as well. To me just its just a matter of getting the tech ready for bulletproof test, in one coherent app/wallet.
I think the community itself will even donate to promote that very instant, not to mention team has its own plans anway.
I agree with your reasoning, just wanted to share a bit of insight on VRC since I am quite active and keep a close eye on the community.
The point of VRC is that the coin have done amazing stuff for its short life and the devs are very active and in constant communication with the community, that combined with the quality of the coin itself keeps the morale high no doubt. This combined with the media explosion of this happening (please remember that 2,000,000 USD has been stolen, quite a number for the cryptoworld) its going to, again IMO, bring not only new investors that will eat all the possible dumps but raise the value of the coin.
Also loving XC! It's an amazingly promising coin, hopefully the PR campaign put it in its own place.
BTW is there any TimeLine for PR events/actions that we can follow?
I'm also hoping that, even though i think there will not be noticeable dumps, the VRC droppers will invest in XC. One great coin into another.
Cheers,
Eth.