I just learned about this coin thanks to this post. Looks like its old coin which is advantage.
Supply seems very low for current price, its worthy coin to put under radar.
Just looking at the prize it is at lowest point for a long long time. Just 2-3 weeks ago it was steady 6000+ satoshis. There's no negative news or anything to actually explain this dip. Sure, BTC is at rise, but I don't think it alone explains this. Was it overprized at 6000+? I personally don't think so, because there's clear agenda behind this and it's steadily moving forward. Was the prize right then at 6000+ or what am I trying to say?! Well I really don't know how to value a coin, but this much I sincerely believe: if project keeps moving forward, progress being steady, then there's really no reason for dips (like the case is here). I guess that means then that IMO prize should be 6000+ or more, but maybe it's just me.
Just to emphasize your point about old coin: ERC team is in deep collaboration with Diamond's team which is another old coin which has done things correctly. There's a lot more collaboration too, see web page for info. AND speaking about team, they're more or less experts of their respected area and they're pretty darn committed to ERC project. I haven't been paying attention to other coins for 1-2 years so I don't really know how they compare to other coins' teams, but I dare to say they're right up there. Best team I've ever seen (but my bar is set 2-3 years ago when every dev was there just to make quick buck).
I'm not part of the team - I'm actually something you might call a fanboy so take my rambling with that. I've been following this project since the very beginning and they just keep delivering (well what do you know, there's a reason for my fanboyism!). I don't do recommendations to buy or get involved, but I can say this much that I would buy if I could. I know, if I'm not actually going to buy then talk is cheap. At the moment I just can't. Coming back to prize again: it may be sub 4000 at the moment, but I sincerely doubt it's anywhere near that in 5 years time (and I'm NOT saying it's going to decline!).
There's a lot to point out, but let's keep it short here. Web page has it all and what it doesn't have Szene can tell you more about it (or me, or somebody).
