I'm not all all suprised by the downward spiral of vtc, but i am suprised how terribly bad the vtc team is handling it. Every coin is volatile, and the price range is limited by the trust & expectations of its investors. The investors can only judge the coin by what they see/hear on the net.
Here's what they see;
- no updates on plans for the future of vertcoin on bitcointalk or its official forum (Boris is largely MIA/AWOL)
- no strong reaction either way on changing the miner rewards/inflation.
- the official vertcoin forum is a mess (
http://www.vertcoinforum.com, see posts by wxy1123 who is obviously a spammer/lunatic/bot that are left unmoderated for over a week).
So the message to investors is: we don't know what to do, we are either panicking or passed that stage and just don't care anymore so goodluck & seeya!
This coin will die a slow death unless the commucication improves, and not just a single reaction here or there.
Investors want to be able to trust the coin and know what they are getting into. Miners want to see a thread on bitcointalk that is actively moderated & up to date on info.
To quote Louis van Gaal
"Ben ik nou zo slim of zijn jullie zo dom?"