im telling u guys again.. there will be a decrease in price back to 25k~ after that to 20k~. this is normal because not 1 altcoin is here to stay. atleast, there is no true innovative altcoin over bitcoin so any altcoin is fairy dust. it doesnt land..
also POS is just a hyped thing. POS will never work in a real world because items lose value if there isnt being worked for. If gold would grow on a goldtree it wouldnt be valuable either. Its because of the hard work it requires to find (mine) it thats how value exists (scarce)
What does FIAT grow on? It grows on a tree. It doesn't require money to print it. Supply and demand creates its value. As of now, sure bitcoin seems like the smart thing. Using power that is wasted to serve a demand equation?
People who spend crypto to avoid currency transactions, to be secure on a blockchain, to diversify investments, they care what this can do for them and how it stores value. How is value increased? By demand. Simple as that. If this community can create enough demand for products and services related to VeriCoin it will succeed. Bottom line. Right now, maybe its overpriced for today, maybe its not. Everyone can judge where the innovation is in crypto right now and its implications are for the future. If you think this is worth it, then take your stand and don't listen to the FUD.
Ask yourself, why so quite, to all of a sudden everyone here is causing a panic, on a sunday.. with no volume in the WHOLE alt market?
All alts are is a small scale version of bitcoins usefulness. Now, you can have all the same benefits of bitcoin and you don't get the inflation, or have to waste power.
If you think a social trend, towards mobile and adoption is where an alt could make a splash. Then you want to try this one.