Why vertcoin... Just making a list, feel free to add and correct my technically challenged self


Approximately 43% of bitcoins currently in existence are held by fewer than 1,100 individuals.

Large and expensive mining operations currently dominate the bitcoin distribution.

Technology has evolved to further advance the consolidation of bitcoin wealth into very few hands (asic)

There are currently no asic miners capable of mass-mining vertcoin.

Vertcoin is the only peer to peer currency that cannot be mined using asic miners, and there is as of yet no technology available to defeat this. (True?)

Vertcoin has outperformed most other crypto currencies from inception, rising rapidly in value from inception.  

Less than a month old, it has an established market cap of nearly 700Btc.

The relative difficulty of mining creates an intrinsic floor on the price, as miners are less willing to dump hard earned coins at a low price.

The inability of very large pools (middlecoin, hashco, etc) to pull and dump large amounts of new http://www.youtube.com/watch?v=sICSyC9u5iI&sns=emcoins creates a strategic advantage over all other existing coins.

Total lifetime coinage of 82 million places supply below litecoin, currently trading near $20 each.

With fewer than 1.5 million vertcoin mined so far, this currency is in its infancy and primed for early adopters to establish ling term positions.  

Market cap for litecoin currently at 2 billion dollars despite litecoins susceptibility to asics and heavy mining operations. This is a 4,000 times the market cap of vertcoin, which has a s a stronger potential long term position as a truly decentralized peer to peer currency.


What else?

Edit- Komodo dragon well is working well i presume from today's price stability and a decent build in the buy wall (coinedup, for whatever that is worth). I will pretend for now to know what that means but i did see the dificulty graph so while it is over my head i totally get the concept