Post
Topic
Board Announcements (Altcoins)
Re: [VRC] | VeriCoin | POS-NSDI | VeriBit | VeriSend | VeriSMS | SuperNET Core
by
altcoinUK
on 19/01/2015, 16:05:27 UTC
For day traders I am sure it is a big difference, but I think from bagholders' viewpoint it doesn't matter the price is 4k or 6k. Majority of the coins is owned by bagholders who bought the coin at 30-50k and even the cheerleaders like this Isokoira boy (as I heard from him) bought into VRC at 30-50K, and I think under 40k the coin is a complete failure.

As for the volume, it is about 50 BTC max, around US$ 10k which is not a lot. We would need several thousands BTC to take the coin somewhere. 

Still, (I am sure) at the official forum jamboree party the cheerleaders celebrate the 6K price right now - after all the cheerleaders believe the sun shines out the Stooges' asses. In the meantime there is nothing delivered by James. The cheerleaders are delusional, the developers are incompetent and the savior James don't deliver.  

I agree the coin still has a pulse as the developers have not abandoned the ship. Lets hope they start working with James and the market will value VRC again.