No, not the Adult one...

While the market cap is moving fast towards 400 billion, almost too quick.

VTC looks close to jump.

Currently at rank number 136 Vertcoin could be doing much better. While other Cryptos have recovered to about 45% of their last All Time High {ATH}, almost in line with the market recovery, VTC still has some room left to grow. While Bitcoin could soon go past 9'300 USD, Vercoin could go to 4,40. Or even should get somewhere around 4,00 USD, to keep up with the market movement. Which should get it at about spot 85. It is one of the early Segwitteers, like Litecoin {LTC} and Digibyte {DGB}, later joined by the one and only real Bitcoin {BTC}. And as you might know, also Dogecoin {DOGE} will join in with them in the near future. Vertcoin {VTC}, in my opinion, should be within the top 100.

Vertcoin uses an ASIC resistant mining algorithm and it still rewards 25 VTC per found block. The developers released a beta of the one-click-miner and it gets updated on a regular base. Where they seem to have left the stealth-transactions re-implementation for now. And instead focus on getting the Lightning Network {LN} and Atomic Swaps working perfectly. Where another Crypto already found a way to put their Stealth Transactions to good use in the Online Adulty Industry. Now before you step up and roast them, remember how VHS {Video Play & Record system on tape} got popular? Back in those days the VHS videoplayer/recorder was hidden behind the TV cabinet doors. Because every visitor would know if they saw one out there in the open... (Which says something about how popular those things were. Just let that sink in for a while.)

A sidestep to VHS

Now, if you now think I want to get all Cryptos into the Adult Industry, you are missing the whole picture. Only Cryptos that use Stealth Transactions seem to be very suitable for that. So, we probably get Pormero one of these days, yet another Monero forking blockchain splitter. Many would want to jump in on the bandwagon to go and dig for the digital Adult Industry gold. But what I want to point out here is that it is more like the part where Disney decided to join in the thing that was called VHS. Where others did not dare to join in, because the succes of VHS was a public secret, it had Adult Industry stains all over it. Yet Disney was smart and looked at the VHS sales figures. And saw a system that could play their Movies, in millions of homes, at once. Families that did not go to the cinema. With the release of Pinocchio Disney helped VHS get out off the closet, so to speak. And the red tapes were still hidden behind locked drawers. So, getting the Adult Industry in, might not be that bad for the whole of the Cryptos realm. And those who get it and step in on the Cryptos Blockchaintrain now will be like Disney... The rest will be sorry they had no future vision and no guts to match it.

Back to VTC now

Vertcoin will not be one of those Cryptos that is going to be prefered by those who want to make Stealth payments. Just like Bitcoin, Litecoin, Digibyte and Dogecoin all transactions are traceable. Even to the moment they were first mined. And it is wrong advertising to claim it is a private system, while it is all there for anyone to see on the public ledger. If we would want to have all bad and destructive behavior traced then we should ask the more criminal minded to start using the public ledgered Cryptos. Then it is quite easy to trace their actions. Except when they use Cryptos that support Stealth Transactios. (Bitshares and Steem are even more open and transparant, very unsuited to be used for criminal intended.) My point I want to make with this and slight VHS detour? Maybe it is best for Vertcoin to leave the Stealth Transaction part out. As there are others that have already have taken care of that part.

Progression through innovation

Vertcoin is one of those Cryptos that can be mined at home, with the right hardware. ASICs that dominate Bitcoin and that of others, are kept out, so far. And the software developement is moving towards making it very easy to mine VTC. While keeping the door open to mass adoption. Meaning the Segwit/ Atomic Swaps and Lightning Network part. (Think Disney and VHS) Now when people would ask me what that has to do with the philosophy of the innitial creation of Bitcoin, and its developement group known as We Satoshi Nakamoto, I would say: everything. Innovation is the key to the future, offering an alternative that works and progression on the way. If keeping things the way they were was true to that vision, than Bitcoin would have never been invented in the first place. At least that is how think about it. Just making a car bigger does not solve a traffic jam. But some will still want to promote it as if that works, as long as the bigger the better is being conserved. Yet, in time they will left behind due to progressive innovations.

Be like Disney with VHS

Overall the acceptance of Cryptos and blockchain technology is on the verge (smile) of a breakthrough. Maybe it is now being brought to the masses by some like Verge getting used in the Adult Industry. But now the smartest of companies might understand what it means that a lot of people out there will have a Cryptos wallet, ready to be loaded and used online! That is where the Segwitters and Lightning Network will come in, for mass adoption. Maybe one does not want to show how many Verge one has inside a multi crypto HD wallet, but Bitcoin, Litecoin, Digibyte and Dogecoin sure give a nice view. All companies and entrepeneurs need are Crypto wallet systems that give them what they want to receive, in the amount they want it. They will be the next Disney of the blockchain. And it is to the Cryptos developers to get it there. Vertcoin could be one fo them.

Better even Smartcoins

Bitshares and Steem could be the next step in this evolution. Where Bitshares has the pegged Assets like bitUSD, bitEURO, that keep close to their bankers money counterparts. And with Steem coming soon with their Smart Media Tokens {SMT}, this might be another game changer in all of this. Imagine pegged SMTs at no transaction costs, for instance. Even a small fee then still would be more interesting to use, on both the Bitshares and Steem blockchains, to get those transactions from one virtual spot to another in a jiffy. So far the DPOS {Delegated Proof Of Stake} are still the blockchains to beat, with 3 second confirmations and easy scalability. Yet it seems they need to get their product more widely supported, or create these easy to use Smartcoin wallets themselves. In a way that they work on all possible platforms. And if you have used the Bitshares Smartcoin wallet you know it is possible to do.

Vertcoin too

There is room for many Cryptos, even your own named User Issued Assets {UIA] or Smart Media Tokens {SMT}, why not. As long as they can be easily exchanged it will work. Some one unique index crypto currency might be needed, to support that, one that can not be traded. (Although some will of course create futures and other derivatives on that...) Vertcoin will be part of that realm, just like many others. Where some developement will go towards easy swaps / exchanges from blockchain to blockchain, making Cryptos more and more decentralized. Even to a point where people will not even exchange it back into banking money again. As long as it has a promise of value it can keep, it will be used just like bankers money was used, but free from devaluation. Could well be that Cryptos like Vertcoin have a bright future ahead. Now, let's see how fast it can get back to at least 4,00 USD, where it should be by now.

And remember to only invest in Cryptos what you are willing and able to lose...

May the Cryptos be with us!

Vertcoin is at 2.60 USD and should go on to at least 4

Screenshot taken at https://coinmarketcap.com/currencies/vertcoin/

So what happened to Vertcoin?