Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VTC] Vertcoin - Adaptive N-factor in Scrypt - No more ASICs
by
wintersondante
on 09/02/2014, 07:55:36 UTC
Personally I think the Russian news is larger than the Mt. Gox news.  Mt. Gox exchange will just get absorbed somewhere else.  Yeah it's annoying to those with stuck funds, but they'll get them back.  On the newsfront for exchanges, the first major US based exchange rumors getting louder and louder, to me that easily equals the Mt. Gox news.  I can also tell you that from several friends in San Fran. the amount of interest in Crypto is beyond through the roof.  VC can't spend enough on crypto concepts and startups.  That train is already gaining momentum.

Russia is the bigger story in the short term, if you look at a few of those articles about the Russian decision, it mentioned various banks that had been extremely bullish on bitcoin and altcoins.  In all likelihood this means those banks were holding-- ALOT.  Chances are the larger banks got "nudged" a bit by this news and probably encouraged to unload and get back into Rubles.  It would not affect a retail investor, who will just sit in the anonymity of location-less-ness, but the banks can get their tail caught in the door easier than small time retailers, or clever money laundering types.  After the Russian banks move what they need to move, we'll bottom out and proceed again.  Nothing to worry about.

Also, jballs, great idea, there is another facebook trick I'd be happy to help with if you like to market this gorilla style.  hit me with a PM and we can talk about it, I've got some social media guru pals.

I'm all about Vertcoin since discovering it recently due to technical superiority, but we need marketing too to push this thing forward.  The path of technology is littered with many superior products that lost out to inferior tech. that had a bigger ad-budget.  We need to create a meme, and start a craze.  Doge 2.0, something, something...

Need more iterations on getting the word out and create a demand for vertcoin!

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