It's obviously a combination of the two, yes. When people are in the red on their investments they react negatively - there is a synergy when the value is dropping and a synergy when the value is rising. My point is that it makes no sense to come in here with a bad attitude and create panic (unless that is the goal) - if you are invested in a currency then, just like any other investment, you should do everything you can to contribute positively and lead a rebound. In the altcoin world everything is amplified because people are on edge - people are losing - move the meter an inch and the masses react as if it were a mile. The point is that a good trader can recognize these situations, learn from historical data, and profit greatly from it. I mention Dollar-Cost Averaging not to sound like a half-rate Ameriprise accountant but to reference a basic concept that so few people in the altcoin world seem to grasp. For the few of you that haven't really thought about it, here is an example of why it's such a critical concept for both savvy investors and emotional traders alike:

Let's say you made the following buys over the past 2 months:

May 14th, VTC @ 0.003: 1 BTC -> 333 VTC
May 20th, VTC @ 0.002: 1 BTC -> 500 VTC
June 10th, VTC @ 0.001: 1 BTC -> 1000 VTC
July 7th, VTC @ 0.0005: 1 BTC -> 2000 VTC
July 14th, VTC @ 0.00044: 1 BTC -> 2272 VTC

So you spent 5 BTC total over the past 2 months on VTC at a peak of 0.003 (the highest the price has been in months) and a low of 0.00044 (the current price). This is investing 101 for buy-and-hold people... but even for inexperienced emotional investors DCA is a powerful tool because it makes you realize the situation isn't as horrible as it feels. In the above example, you would have acquired 6105 VTC for 5 BTC or 1221 VTC per bitcoin. Despite buying at a peak of nearly 7 times the current price, your total purchase price is now averaged out to 0.00081; this means that when VTC recovers to even 0.001, a price we were all disgusted by just a couple short weeks ago, your investment would be worth 25% more than what you invested (over a full bitcoin). I'm not saying that means 0.001 would be a good time to dump and get out (unless that's what you need to do) but suddenly a suffocating situation doesn't look so bad.

I realize this is basic stuff and most of you likely won't get much out of it but we are in a market filled with emotional investors - we need more logical investors to help stabilize this thing. If we ever intend to create an actual economy for these altcoins beyond just speculation, stability is extremely important. When finances are involved, emotions run high - as a business owner, an investor, and even a family man I understand that - but the emotional component is not productive. We need people to take action - spread the word - start marketing and building a positive community - quit complaining and do something. Inaction will get you nowhere... complaining just brings down morale and destroys motivation - just because this is a world dominated by immature investors does not mean everybody needs to lower themselves down to the level of the majority of the field.

Sucking the air out of the room means everybody drops to the floor - if we can't remain motivated, positive, and productive how can we expect everyone else to do it? Positive environments result in positive outcomes - this is a community here, guys - people need to work together, start doing some grass roots marketing, start creating - nobody wants to invest in something if it's surrounding with negative whiners who contribute nothing but demand everything. Without a great community, at this stage, what's the point? I've been mining VTC for months and I've been buying it steadily for 2 months. If I lose everything I put into it, life goes on - I won't lose much sleep over it. However, whether it lives or dies, VTC has carved out it's place in the history books and paved the way for a number of innovations - it would be unfortunate to see a quality coin with fair distribution fall apart because its own community burned it to the ground. This market shifts on a dime and it's amazing how much of an impact this thread, right here on this FUD-filled forum, has on the price.

There are some great things going on here - highlight them and build on them; take advantage of the situation. You mention we can't believe in the "don't worry, be happy" meme - why? Honestly - why? In the grand scheme of things, we don't have a lot of time on this earth - why waste it by obsessing over things that don't really matter in the big picture. If you can't spin something into a positive you aren't trying hard enough. This is just money, it's not over, and even if you choose to give up and exit in the red you will earn more money, spend more money - as long as you never invested money you couldn't afford to lose, life goes on. Unless you have a bookie that is going to break your legs or something... suck it up and move forward. We have the power to start moving the meter in the right direction right now - we need to change the tone of this discussion and start deciding what we're going to do, collectively and individually, to flip the trend. Even if all you care about is the price... the community primarily drives the price. Nobody wants to buy into something when they're unsure if it's found the bottom - who cares? This isn't the stock market - we don't need to rely on quarterly earnings, projections, business models, and board members - it's a low-volume spec commodity market - every single person can have a noticeable impact on value. If people start thinking logically, we don't need to wonder when we will hit the bottom because this will be the bottom - it's really that simple.

People predicting prices are often creating the price via their very prediction - this entire market is dominated by inexperienced, immature, and emotional traders. Most will learn and improve and grow as they go but right now people need to step up. Remember: you don't lose money until you sell lower than you bought.

I would not condemn Jiggy0001. Who knows how much money was lost Jiggy (his predictions about the low price were always true,read when he said that we will be below 0.0005 BTC). I lost a lot of money on the vertcoin  . Perhaps is the Jiggy0001 lost more. However, I've come to terms with the loss. If I lose, let I lose everything. Do not give vertcoin at this ridiculous price. That's what I did with Quarkcoins when he was at the bottom end of last year and later earned quite. Also, it is not nice to insult anyone.

VERTCOIN IS DEAD. EVERYONE STOP MINING VTC AND BUY ALL THE VERTCOIN THEY IS AND DON'T SELL IT. AFTER ONE WEEK START MINING AGAIN AND VERTCOIN COMES ALIVE AGAIN !!!

Algo , block reward well those are small things and god knows if they help anything.

Well i personally havent contributed anything to the coin, few posts here and there, Just own a bunch of vert and mining it with 1 rig.

Question is what is a coin community? Some people mining and holding a coin and commenting in threads? If yes than not much is coming from this.
Partially the coin is owned by developers but in reality developers should just be the guys who started it. The main things and stuff initially comes from developers but thats it , cryptocoin should be something that community develops. But what can regular Joe do?

Lets take the vertcoin web example , well dev team could propose the general frame, but why not to make the vertcoin web as a community tool.
Something like wiki.  This is just one example all the things should be made keeping in mind that some frame is generated and then crowd can do something with it.  If we take bitcoin as an example then there are like thousands of communities doing/developing something on top of it.

So to sum up community should develop things and "The devs" should not be the only devs.
And as i said i personally haven't contributed anything (except 1 donation to this marketing campaign) , and i am probably not going to dig in to cryptography and shit ,   but if there were some tasks that more people could handle then most probably i would also contribute.

So anyone here could start something    

EDIT:
For example we could implement reward system.
1: Define a task
2: estimate a cost of task
3: collect the pot
4: who ever developes the solution gets the pot.

Ex: Vertcoin facebook ap  10k Vert,   Vertcoin DNS solution 10k Vert .. seriosly whatever sky is the limit and recourse is the world.
Or developers can also finance their own hours with community financing.

I followed the devs from Diamond Coin for quite awhile and when they changed their algo to Groestl they had a ton of issues with pool mining and I think in the end a special kernel was created for sgminer.    I am pretty sure it was problems with stratum since everyone could solo mine.  I think somewhere around page 34 on https://bitcointalk.org/index.php?topic=580725.660 they talk about it, look for posts by Danbi, I think he helped with the kernel if I remember correctly.  It could all be totally different but if its sounding familiar check it out.

Hope it helps...

vertcoin devs are stupid as fuck. This coin was already instamined over 600k coins. They need to change the fucking block reward, it was already instamined, if they dont change it, this coin is Dead.

That will be no problem. I know a multipool owner who pays twice a day. Mining algo's are scrypt, sha256 and x11 on this moment. He is a devolper himself and rebuilt a big part from the multipool himself. I have been mining on that pool myself and never had any complains

I got a bunch Vert a few days ago, and it ain't looking too good for me right now.

4536.1322 VTC

91% Pledged of 5000 VTC Goal

I agree Vip, in the future pow/pos may become a very promising candidate. Personally the way I envision it would be for PoW to remain the true "backbone" and retaining an avg block discovery speed of 90sec to 120sec. Keeps miners interested and securing the blockchain, while the pow blocks handle the bulk of transactions. Then we implement a variant of PoS as a layer on top of PoW which allows for faster transactions and therefore could handle the "micro" transactions that are more time dependent (merchant purchases etc).

Here is the lightbulb moment: Design an actual prioritizing system built within the coin allowing people to select a faster transact at the cost of slightly higher tx fees. We give the user the option (Which SFR is allow about.. empower the user) to choose which "mode" best fits their needs. This way we have just created a new mode of reward for the network and as such these new transfer fees could be part of the basis of the PoS reward system.. Don't know what the pow/pos reward ratio would be, that would need to be explored but something reasonable (low % interest) coupled with this distributed extra tx reward system could make for a powerful incentive for investors whom dont mine like yourself. I dont know whether the fees would be distributed across the PoS users or if they would be given to the random node that completed the task but you get the idea. Also to get more rewards for holding, get more merchants or push for opportunities that make people want to use the "fast" tx more.. as such, potentially an interesting mechanism to motivate holders/investors to seek and push for merchant adoptions etc.

I enjoy considering all the possibilities and how we can make SFR stand appart from the rest. I do think this community is one of the best around, everybody just trying to make a better crypto. Its pretty awesome.

or...
make gpu mining connected to pos mining... ie : you cannot mine more than a percentage of your pos coin in wallet...

Yeah done a bit mistake there, sorry. Thank you for correction.

Just noticed an interesting thing in Vertcoin "Stealth address implementation announcement thread". People are complaining about the reward structure and block halving there. Vertcoin has about only 6 million coins in circulation in "six months" time period. Currently about only 576 vertcoins are minted daily, which amount to about 0.3 BTC dumping per day and people are still upset about it. They are saying that devs are too ignorant to change block halving which is currently  4 years.  SFR has total 110 million coins , approximately 70k coins are minted daily and at current prices it amounts to around 0.5 BTC. That is way more than VTC. The point is to draw interest of investors we need to do something sooner about the supply and reward system, so that miners dumping don't affect the price. Price is the main thing that investors are interested in as if they are loosing money in their investment, they will never invest.

Well the overreaction could be in both ways  balancing out for the steady miner.

Any thoughts?

Uhhh nice, finaly we start getting trolls in here. Good sign?