I think we're going through a quiet period before picking up speed again.Vericoin has been bruised and dusted a little due to some important challenges, but by holding reasonably steady with a price around exchanges of around 30'000 satoshis, it's relatively stable.
While it appears the coin price isn't going anywhere, what's really going on is an 'Accumulation' of VRC wealth as it rides small waves of ups and downs from 30k to 36k over and over.
The important thing is it hasn't crashed to 15k or even 10k. The community, the developers and even the traders and investors are supporting it. So far, such a drop hasn't happened. If it did, a lot of people, even whales stand to loose too much money. Vericoin has been through too many pumps and dumps now and held. It's distribution is too entrenched now to simply be discarded like many new coins that are used and abused by traders and then never make it.
If it weren't for the MP security issue (which was not Vericoin's fault), all indicators were showing that VRC was about to see more investment growth. Mintpal.com was a big exchange with an easy to use UI. I think even they over time will see a return build up to higher volume levels they once enjoyed, so long as a breach doesn't happen again. Traders at Mintpal who had VRC balances had their sums returned.
The point now is that Vericoin has successfully weathered through it's first major storm, and these tests will define what makes or breaks a coin over time.
Look for the new Android Wallet.
Look for the new Website.
Another few good news reports, social media support, and some new features and I think we'll see Vericoin back on the move again.
portdavenportPS. I think the only thing the VRC community and devs need to be mindful about is what happened to Mint coin. Proof of Stake was in its infancy and the DEVs essentially dumped their premine and then took off.
Too many people had large amounts of MINT staking in their wallets, and there was very little if any transparency from the Mintcoin DEV teams encouraging active merchant use or places for people to spend their Mintcoin.
Confidence was lost, and the value of Mintcoin dropped as more and more people dumped their coins.
Vericoin has been different. We know who the DEVs are and so far they have supported their coin along with the community. All we need to do is encourage VRC spending, promote the coin and develop a business/retail community around it with lots of practical, and accessible features that make transacting digital currency easier. I personally love how fast the transactions for VRC are. I can move VRC around the net within minutes.
Vericoin is still a coin to watch.