I doubt, XVG is a scam coin, but Sunerok's coding skills are questionable after two identical hacks after short time and now he even had to "borrow" code from another coin. Also telling us after the first hack, that the problem is fixed and then it turns out it isn't and the second hack happens...this leaves a bad taste and raises questions when the next hack will happen. I realize nobody is perfect and there are vulnerabilities everywhere in the internet, but people want a profit out of their investment and if things continue like this, it's always just going up a bit, then the next mess happens and prices go down again and holders are screwed, no profits for them...

Another thing: The low amount of nodes is a security issue and a sign for centralization.

The privacy also doesn't seem to be top notch for this coin.

Last but not least, i'm asking myself how Sunerok is funding himself and his team (if he really has any as it's pretty much a one-man job he's trying to pull off) as he says, there was no premine, no ICO etc. Developing a coin, creating partnerships etc. takes time and money. So who funds him, if he doesn't sit on a bunch of coins. Is it just a share of the transaction costs, securing him a stable income?