What isn't good for mining or blockchain health or long term aspirations of functionality is being tied to a single algorithm of which the hashpower is dominated by one or a handful of entities (think current banking system).
*see hashinator posts about the vulnerabilities single algo coins can experience.
IMHO Verge is the purest crypto in the world. Dev has stayed fully true to the ethics of decentralization, security, and anonymity set forth in the Satoshi Nakamoto white paper (https://bitcoin.org/bitcoin.pdf), more so than any other coin in existence, even btc itself; perhaps at a short term detriment to price, but i like Verge now more than ever, and much more than when we were doged.
Verge has been forged strong from adversity.
This is the only altcoin i hold or believe in. Most others are just hype money grabs. Dev has never been focused on price. The coin and the tech are his priority, and i appreciate that.
This is a second ICO reaching these prices again. A blessing and opportunity for real altcoin investors.
Why to forget an old saying " Everything that has beginning has an end, Time never stays same".