VNL is the first coin that I advocate buying it as the price falls...
Normally price drops like this happen after huge news that has no follow up.
VNL, on the other hand only has low buyer support.
There does not seem to be any risk in project abandonment.
And the tech is better than any other coin.
I have never been this optomistic while watching prices drop.
If it so good, so why the fuck price is so low and please don't tell me it's because of btc rise. Soon we gonna droop on second hundred on coinmarketcap.
Please keep calm, this is an unmoderated discussion forum for a reason. I know that some people (including you as it seems) are down in their investments. Look at every single coin (except ETH) on Poloniex and show me a coin which wasn't affected in a negative way on the COIN/BTC value since BTC started it's run.
I don't think anyone will buy alts while BTC is doing it's run (as long as they feel that BTC can go higher) and we still have daily POW miners dumping.
Fact is that 6 from top 10 on polo are in green 4 in red (VNL is not in top 10).
29 from 100 on coinmarketcap are in red 71 in green. (VNL is in red with current position 69 marketcap ~$350k)
So BTC rise doesnt efect all alts and we shouldnt look for excuses for VNL downtrent in BTC rise.
Basic things influence VNL price and that is fact all other things are just side efects.
I'm not talking about the daily candles.
BTS at 1300 sats down from, what, 3-4k?
DASH at 720k down from a stable 1000k for a really long time
XMR at 130k down from a stable 240-260k
MAID 4800 from a stable 8000-12000
XRP 1400 down from 3-5k
STR 627 down from a long time stable 1000-1500
Storj 4575 down from 7000-1000
NXT 2440 down from 5000-6000
There are just the usual top volume coins on Poloniex and they are top currently also. Didn't count Nubit since it's a fully centralized coin with artifical exchange rate and LTC (it's a different league to the rest) and DGB which was just pumped (it's still down from 300, but up from it's base which was 30)
This is our altmarket currently and some of the more established, stable high volume coins.
+ BTC/ETH is rising with high volume which gives another kick to the already shit situation.
Guess what most of these coins have in common? Etoque? Someone else? Most of these have continous news/videos/reviews/whatever and still they are dropping. I honestly believe that we will go up and that this project will be a success, but not the way some of the people see it or with the tools they think will manage it. We will go up if John pumps out some additional unique features and we let the project mature.