It is poor management to leave it to last minute to release a tech and know that your currency will be dumped if it isn't done on time. Literally a lost in confidence in the management and how do you rebuild the confidence after that? There are enough competitors in the market for privacy coins now that this could be enough to give its competitor a big enough advantage that verge never recovers.

Poor management. I do hold verge and believe it has great potential but miss a hurdle and lose the race.