"There was no volatility last year. The coin was sitting idle for over a year before these fake announcements were dropped in early October of last year which has caused the recent activity. Check here = https://coinmarketcap.com/currencies/potcoin/

Additionally, you can see that there was someone loading up right before the news dropped = https://poloniex.com/exchange#btc_pot

I realize that you are on the opposite side of the fence on this argument and that's fine, once again I am simply stating facts."

There was plenty of volatility last year. Astute investors likely picked up the coins in the low hundred satoshis last year in some bulk and the price went up. Supply/demand for the coins and fundamentals of this growth sector were responsible for the rise to over 1000 satoshis. The fundamentals are still there and will only improve. Some overexuberance in the market at high levels last autumn does not change the forward direction of Potcoin.

Weedo

I am not connected to the "POT development team" but bought a few coins last year. POT community exists on a de facto decentralised basis I believe. Some of the volatility on poloniex last year is so typical of cryptocurrencies and is par for the course (and an opportunity to buy more). POT developers have achieved many of the goals. Android wallet is an understated major gain. The conjecture that one or two targets not being met means POT is a scam and basically likely to flop is untrue. POT does not have major VC funding yet so the yardstick for criticism should be relative. POT and its community continue to do well. Potcoin still exists and the POTential is there.

Whether the developers can meet all the goals this year remains to be seen. The marijuana market is in the making. Making it very easy for retailers/merchants to use a robust POT POS interface in my opinion is a priority for POT developers and community. The important consideration is not who could not stand the white knuckle ride of last years volatility but instead the important challenges ahead this year.

Weedo

Cryptocurrencies are a competitive arena. Previously marijuana coins including POT didn't get much traction. One of the concerns was that head shops  were not a good place for cryptocurrency payments. They are too informal and were not into tech. In future though the retail space in marijuana will change. Modern stores the size of mini supermarkets, and the formation of larger retail chains. POS systems will be required. Any cryptocurrency can move into this. POT is the leader in the marijuana cryptos.

This is not my area of expertise, but an easy to download (from the potwallet site) and use interface for merchants/retailers is important in the roll out of POT. As is the point of sales. The android wallet has been a major breakthrough in recent months. Despite the volatility of a few months ago POT price is stable and doing reasonably.