Are the serious investors really worried about the price? This coin is only a few months old.... Bitcoin didn't shoot up to 8 billion marketcap in 2 months. Come on guys...
you make me laugh, 99.9% alt coin has several days lifetime, pump-> dump -> dead, or dump->dead
many people like compare bitcoin with altcoin, are you out of mind? even ltc is not in position to compare with btc, look the price of ltc .
I think you are not right, there is a place for alt coins, especially that implements a decentralized aka blockchain 2 feature. Bitcoin is great, but there is a market gap for coins that support smart contracts and decentralized apps.
And yes, 99% of the altcoins are P&D and will disappear, but vericoin that has a transparent dev team is in the 1% that have at least the chance to succeed. If the devs continue to develop the coin, if they develop the right feature then Vericoin will be fine. In the meantime price goes down and up, but that's the nature of this thing.