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Title: When/if will BlackCoin crash? Post by: doge94 on April 14, 2014, 12:07:54 AM BlackCoin does not have services to prop up its price. Price seems to be propped up by multipools and speculators.
Discuss. Title: Re: When/if will BlackCoin crash? Post by: Teka on April 14, 2014, 12:11:35 AM The price incearse is due to CoinKite accepting and Moolah accepting it on every service they provide starting tomorrow
Title: Re: When/if will BlackCoin crash? Post by: cozk on April 14, 2014, 12:13:46 AM Way too many coins and unknown variables to make any guess.
Personally i invest all my ''invest'' BTC in 4-5 old or solid coins. Like FTC / Doge / LTC / BTC Too many overpriced shitcoins as of now. I do not trust X11 or price hyped coins like AUR / BC Title: Re: When/if will BlackCoin crash? Post by: Djinou94 on April 14, 2014, 12:32:26 AM Doge solid?
You have the next LTC guys what would u like to do now? Take the BC train or cry later then cry again later Title: Re: When/if will BlackCoin crash? Post by: Rofo on April 14, 2014, 12:37:48 AM 'Be greedy when others are fearful and fearful when others are greedy.'
A very rich, smart man said that. The type of guy many people here are 'wannabes' of. Title: Re: When/if will BlackCoin crash? Post by: Hollowman338 on April 14, 2014, 02:40:54 AM Yeah I wouldn't touch this mother fucker with even your coins now :D
Title: Re: When/if will BlackCoin crash? Post by: Armis on April 14, 2014, 02:59:40 AM hahahahahaaaaa, I bought into Blackcoin and Darkcoin only minuses a part from one another on April 11, BC was too quiet for me, so sold my couple of coins for a tiny profit and focused my energy on what appeared to be a better bet (BRK). BRK did well, but BC is doing fantastic.
I sold my BC at 0.00009700 on April 11 -- yeah that hurts Title: Re: When/if will BlackCoin crash? Post by: KingSchultz on April 14, 2014, 03:08:27 AM 10s transactions, no mining, TINY percentage of market cap to maintain its price every day in comparison to Bitcoin and almost every alt. And ridiculous momentum. We'll see what happens, but IMO this could be big. Not will, but could. No guarantees in crypto-land.
What does Litecoin really offer over Bitcoin? Why does it need to exist? At least Blackcoin has an answer. :) Title: Re: When/if will BlackCoin crash? Post by: StuartGT on April 14, 2014, 03:13:06 AM BlackCoin does not have services to prop up its price. Price seems to be propped up by multipools and speculators. Here are some links (updated again) for anyone just joining us: Please PM me if you want me to add another ;) Official Website - http://www.blackcoin.co Official Multipool - http://blackcoinpool.com Official BlackCoin Store - http://blackcoinstore.com Official BlackCoin Forum - http://blackcointalk.com How to use your Blackcoin Wallet & Staking - http://www.techfleece.com/2014/04/10/a-step-by-step-guide-to-using-your-blackcoin-wallet-staking/ Give people access to your BC address simply by telling them your username - http://addie.cc Order Your BlackCoin Card USB Wallet here - http://www.blackcoincard.com Web Wallet, Debit Cards and Payment Terminals - https://coinkite.com Buy or Sell BlackCoin with USD - https://prelude.io/trade/usd/bc BC USD trade - https://c-cex.com/?p=bc-usd Euro to BC - https://www.litebit.eu/coin/bc/en AltOutlet Store - https://altoutlet.com/bc 3D printables BC's - https://www.shapeways.com/shops/CoinWear Buy GOLD and SILVER with BC - http://www.coaex.com Rare Coins and paper money for sale with BC - http://www.sovnumisltd.com Get yoursef wooden BC wallet (BC accepted) - https://woodwallets.io MintPal BTC/BC Exchange - https://www.mintpal.com/market/BC/BTC Cryptsy BTC/BC Exchange - https://www.cryptsy.com/markets/view/179 Austin BTC/BC Exchange - https://agx.io/markets/296/trade Stores that accept cryptos. BC is now accepted there - https://www.coinpayments.net Check coin distribution ( top 1000 wallets ) - http://maarx.nl/maarx.nl/blackcoin/distribution BlackCoinBalance v0.2 Androin Extension - https://chrome.google.com/webstore/detail/blackcoinbalance/ggphhhbdjbaidlgkmmgelfebbpnhdjef Download Google Chrome price ticker extention - https://chrome.google.com/webstore/detail/cryptosaur/ldifofhjjihonamocbjmboeeaolkflag Apple iPhone price ticker. BC now added - https://itunes.apple.com/us/app/coin-ticker-bitcoin-litecoin/id636476147?mt=8 Tweeter related to BlackCoin - https://twitter.com/search?q=%23blackcoin&src=typd&f=realtime A Step-by-Step Guide To Using Your Blackcoin Wallet & Staking - http://www.techfleece.com/2014/04/10/a-step-by-step-guide-to-using-your-blackcoin-wallet-staking/ A free php script to sell a digital good for BC - http://www.storyhack.com/bccp Full Casino - now accepting BC - https://strikesapphire.com For those who like to gamble. Here is BC dice game - https://bc.xtremedice.com BC Scratch Game - http://coinok.pw BC Faucet - http://54.186.214.68/BlackFaucet/public_html/index.php Enjoy :) Title: Re: When/if will BlackCoin crash? Post by: TaunSew on April 14, 2014, 03:16:11 AM It's a pump and dump. A month and a half ago the pump of the month was Mintcoin and Vertcoin.
There's nothing special about Blackcoin at all and here are the reasons - Faster Transaction speeds ~ a lot of alternate coins can claim this too - Proof of Stake. Old mechanism ~ Peercoin, NxT and other coins have had this for ages - Bitclone (the client is a reskin of BTC) - Distribution. Top 100 wallets own the majority of Blackcoin. - Novelty merchandise I know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there. Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins. Title: Re: When/if will BlackCoin crash? Post by: btcprice on April 14, 2014, 03:29:22 AM It's a pump and dump. A month and a half ago the pump of the month was Mintcoin and Vertcoin. There's nothing special about Blackcoin at all and here are the reasons - Faster Transaction speeds ~ a lot of alternate coins can claim this too - Proof of Stake. Old mechanism ~ Peercoin, NxT and other coins have had this for ages - Bitclone (the client is a reskin of BTC) - Distribution. Top 100 wallets own the majority of Blackcoin. - Novelty merchandise I know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there. Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins. Thanks for the logical explanation. Prior to today the price has been going up at an even rate (with a few bumps along the way) for a month. The other pump-and-dump coins went up way faster and crashed in a short time. Today's action with BC has me agreeing with you that it's now being pumped. I still don't believe it was prior to today. I still believe it will retain a good amount of its price in the long run. We'll see how things shake out after this most recent jump in price. Title: Re: When/if will BlackCoin crash? Post by: dspair on April 14, 2014, 03:45:40 AM Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC ;D
Now go buy on top of the bubble ;D Title: Re: When/if will BlackCoin crash? Post by: TaunSew on April 14, 2014, 04:06:52 AM Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC ;D Now go buy on top of the bubble ;D When we buy and are left holding the bag - do we get a free Blackcoin novelty bag? That would be neat. ;D :D Title: Re: When/if will BlackCoin crash? Post by: btcprice on April 14, 2014, 04:27:07 AM Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC ;D Now go buy on top of the bubble ;D When we buy and are left holding the bag - do we get a free Blackcoin novelty bag? That would be neat. ;D :D I'll share mine with you. ;D :D Title: Re: When/if will BlackCoin crash? Post by: KingSchultz on April 14, 2014, 05:08:59 AM Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC ;D Now go buy on top of the bubble ;D Something's going to replace LTC. Or maybe LTC will just slowly dwindle, I don't know. Someone make a case to me for Litecoin's long-term existence because I'm not seeing it. Title: Re: When/if will BlackCoin crash? Post by: TaunSew on April 14, 2014, 05:25:51 AM Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC ;D Now go buy on top of the bubble ;D Something's going to replace LTC. Or maybe LTC will just slowly dwindle, I don't know. Someone make a case to me for Litecoin's long-term existence because I'm not seeing it. I don't see its' long-term existence either but I'm not seeing a replacement, either. Litecoin was a huge fluke and it was funds, who missed the BTC train, who pumped it to that valuation (there were several days when LTC volume exceeded BTC) and now they're stuck with essentially worthless LTC (can't withdraw it without killing LTC). Peercoin was invested by the funds too and it resulted in the same - Mastercoin I think as well but that may had been more middle investors. Title: Re: When/if will BlackCoin crash? Post by: Armis on April 14, 2014, 05:36:42 AM It's a pump and dump. A month and a half ago the pump of the month was Mintcoin and Vertcoin. There's nothing special about Blackcoin at all and here are the reasons - Faster Transaction speeds ~ a lot of alternate coins can claim this too - Proof of Stake. Old mechanism ~ Peercoin, NxT and other coins have had this for ages - Bitclone (the client is a reskin of BTC) - Distribution. Top 100 wallets own the majority of Blackcoin. - Novelty merchandise I know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there. Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins. You do realize there is life outside of BTC right? LTC was the positioned alternative to BTC, now all other "alts" are the alt to BTC and LTC, about a month ago when BTC was going down, LTC decided to go in a differnt direction (people moved their non performing BTC $$$s to LTC), up, up, and up. But as soon as BTC made tracks back to the profitland the btc believers returned. Now we are back to the same situation except this time BTC, and LTC has gone now (most others too) so what do CC speculators do, they look down the Market cap list, they look over the list of other CCs, and they start to examine other charts to see which are ripe for picking. That's how so many "alts" get action, when the big guys fail to perform. As new CC player enter the market they won't know BTC as the one and only, they will simply just know it as the biggest/oldest, but they will be accustom to seeing BTC as much as LTC, DOGE, Ripple, NXT, PPC and a host of others. Once there is a fiat to alt coin exchange (I thing there are some beta) with the strength of a Coinbase you will see tremendous competition on a primary level not just a secondary level (buy BTC with fiat to get alt). Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC ;D Now go buy on top of the bubble ;D Something's going to replace LTC. Or maybe LTC will just slowly dwindle, I don't know. Someone make a case to me for Litecoin's long-term existence because I'm not seeing it. I don't see its' long-term existence either but I'm not seeing a replacement, either. Litecoin was a huge fluke and it was funds, who missed the BTC train, who pumped it to that valuation (there were several days when LTC volume exceeded BTC) and now they're stuck with essentially worthless LTC (can't withdraw it without killing LTC). explain further what you mean there Title: Re: When/if will BlackCoin crash? Post by: mannie on April 14, 2014, 05:44:03 AM The next big thing will be an anonymous coin IMO.
As countries start to try to crack down on/tax BTC you'll see the need for people to hide their transactions. Plus there are a lot of people holding big BTC balances who would like to hide their sales. And then there's the black market. All signs point to anonymous for mine. My money is on Darkcoin but we'll see which one succeeds first! Title: Re: When/if will BlackCoin crash? Post by: TaunSew on April 14, 2014, 05:55:38 AM It's a pump and dump. A month and a half ago the pump of the month was Mintcoin and Vertcoin. There's nothing special about Blackcoin at all and here are the reasons - Faster Transaction speeds ~ a lot of alternate coins can claim this too - Proof of Stake. Old mechanism ~ Peercoin, NxT and other coins have had this for ages - Bitclone (the client is a reskin of BTC) - Distribution. Top 100 wallets own the majority of Blackcoin. - Novelty merchandise I know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there. Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins. You do realize there is life outside of BTC right? LTC was the positioned alternative to BTC, now all other "alts" are the alt to BTC and LTC, about a month ago when BTC was going down, LTC decided to go in a differnt direction (people moved their non performing BTC $$$s to LTC), up, up, and up. But as soon as BTC made tracks back to the profitland the btc believers returned. Now we are back to the same situation except this time BTC, and LTC has gone now (most others too) so what do CC speculators do, they look down the Market cap list, they look over the list of other CCs, and they start to examine other charts to see which are ripe for picking. That's how so many "alts" get action, when the big guys fail to perform. As new CC player enter the market they won't know BTC as the one and only, they will simply just know it as the biggest/oldest, but they will be accustom to seeing BTC as much as LTC, DOGE, Ripple, NXT, PPC and a host of others. Once there is a fiat to alt coin exchange (I thing there are some beta) with the strength of a Coinbase you will see tremendous competition on a primary level not just a secondary level (buy BTC with fiat to get alt). Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC ;D Now go buy on top of the bubble ;D Something's going to replace LTC. Or maybe LTC will just slowly dwindle, I don't know. Someone make a case to me for Litecoin's long-term existence because I'm not seeing it. I don't see its' long-term existence either but I'm not seeing a replacement, either. Litecoin was a huge fluke and it was funds, who missed the BTC train, who pumped it to that valuation (there were several days when LTC volume exceeded BTC) and now they're stuck with essentially worthless LTC (can't withdraw it without killing LTC). explain further what you mean there No different than the stock market - if you own most of a commodity you're stuck with accumulated assets that you can't withdraw less you want to start a sell panic. Title: Re: When/if will BlackCoin crash? Post by: TaunSew on April 14, 2014, 06:05:28 AM The next big thing will be an anonymous coin IMO. As countries start to try to crack down on/tax BTC you'll see the need for people to hide their transactions. Plus there are a lot of people holding big BTC balances who would like to hide their sales. And then there's the black market. All signs point to anonymous for mine. My money is on Darkcoin but we'll see which one succeeds first! The problem with your theory is assuming that this is proprietary to Darkcoin, when various alternates have discussed implementing it themselves. As well, by default, most coins are already anonymous in the sense that your personal information is not included on the public ledger. I think you meant hidden transactions and I think the assumption there is that if you're that paranoid about being traced then you're probably more likely to keep the stuff in cold storage. Title: Re: When/if will BlackCoin crash? Post by: mannie on April 14, 2014, 06:14:39 AM The next big thing will be an anonymous coin IMO. As countries start to try to crack down on/tax BTC you'll see the need for people to hide their transactions. Plus there are a lot of people holding big BTC balances who would like to hide their sales. And then there's the black market. All signs point to anonymous for mine. My money is on Darkcoin but we'll see which one succeeds first! The problem with your theory is assuming that this is proprietary to Darkcoin, when various alternates have discussed implementing it themselves. As well, by default, most coins are already anonymous in the sense that your personal information is not included on the public ledger. I think you meant hidden transactions and I think the assumption there is that if you're that paranoid about being traced then you're probably more likely to keep the stuff in cold storage. My theory? I just stated an opinion. More like a prediction, really. "My money is on Darkcoin but we'll see which one succeeds first!" ---- I'm clearly not stating that Darkcoin is the only coin trying to achieve anonymous transactions. I agree hidden transactions is probably more accurate. The idea is to reduce the exposure of pseudonymous addresses in the ledger. As it stands with BTC/everything else everyone can see who paid who, who bought what. Personal information isn't logged but with enough tools someone could track that down and by following your wallet they know where every coin has gone. That's a problem in my mind. Title: Re: When/if will BlackCoin crash? Post by: stokecrypto on April 14, 2014, 06:27:49 AM BC will crash hard, it just looks like the same pump and dump of every new coin
Title: Re: When/if will BlackCoin crash? Post by: Armis on April 14, 2014, 06:41:59 AM BlackCoin does not have services to prop up its price. Price seems to be propped up by multipools and speculators. Here are some links (updated again) for anyone just joining us: Please PM me if you want me to add another ;) Full Casino - now accepting BC - https://strikesapphire.com For those who like to gamble. Here is BC dice game - https://bc.xtremedice.com BC Scratch Game - http://coinok.pw BC Faucet - http://54.186.214.68/BlackFaucet/public_html/index.php Enjoy :) wow, that was actually fun. When I requested the faucet drip, I expected a tiny drop but when it arrived I was shocked at it's value (far more than I expected -- .05 BC). Thanks for the info The CC is so volatile right now I traded the coin up to .052. I know if it was a lot of BC it would not have traded as quickly but it's crazy over there. Title: Re: When/if will BlackCoin crash? Post by: barryzand on April 14, 2014, 07:51:34 AM hahahahahaaaaa, I bought into Blackcoin and Darkcoin only minuses a part from one another on April 11, BC was too quiet for me, so sold my couple of coins for a tiny profit and focused my energy on what appeared to be a better bet (BRK). BRK did well, but BC is doing fantastic. I sold my BC at 0.00009700 on April 11 -- yeah that hurts Dude... I sold 230K for 2000 sat.... THAT hurts ;) EDIT: Got back in later though.... but with much less then before Title: Re: When/if will BlackCoin crash? Post by: jjj0923 on April 14, 2014, 09:01:16 AM It's a pump and dump. A month and a half ago the pump of the month was Mintcoin and Vertcoin. There's nothing special about Blackcoin at all and here are the reasons - Faster Transaction speeds ~ a lot of alternate coins can claim this too - Proof of Stake. Old mechanism ~ Peercoin, NxT and other coins have had this for ages - Bitclone (the client is a reskin of BTC) - Distribution. Top 100 wallets own the majority of Blackcoin. - Novelty merchandise I know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there. Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins. sounds like sour grapes form someone who missed the boat.. I'm glad I got in early - LOL Title: Re: When/if will BlackCoin crash? Post by: Degolep on April 14, 2014, 09:06:59 AM BlackCoin does not have services to prop up its price. Price seems to be propped up by multipools and speculators. all I can say to you and everyone else hating blackcoinDiscuss. http://images.lolstream.com/assets/media_show/730__26b39d3bb54f5551eb7197b883c8ab4a.jpg Title: Re: When/if will BlackCoin crash? Post by: TiberiuC on April 14, 2014, 09:53:40 AM I think it will reach its peak this weekend and crash slowly in 2-3 weeks after that, but it will still be over 3mil in marketcap.
Title: Re: When/if will BlackCoin crash? Post by: jjj0923 on April 14, 2014, 10:04:26 AM how about a friendly bet?
Title: Re: When/if will BlackCoin crash? Post by: traderman on April 14, 2014, 11:47:56 AM Here are my views on the future of Blackcoin.
Article: http://razorsforex.blogspot.com/2014/04/blackcoin-first-pos-proof-of-stake.html Title: Re: When/if will BlackCoin crash? Post by: IconicExpert on April 14, 2014, 11:48:03 AM BlackCoin does not have services to prop up its price. Price seems to be propped up by multipools and speculators. Discuss. With all do respect, have you been in a coma the past week and just woke up? BC is on CoinKite, Moolah, and Coinpayments to just name a few. In a few weeks we are shipping the BlackCoin card, and there is a lot being done behind the scenes to get BC everywhere. Everyone can speculate and try to predict when BlackCoin price is going to stop increasing, but it is all speculation. BlackCoin is not an ordinary crypto-currency. BlackCoin has a brilliant developer, an awesome support team, a passionate community, and my 14 years of experience building & promoting products. We have amazing things in the pipeline that will leave everyone in awe. So feel free to speculate, but I assure you the only thing that will be popping is the corks of champagne when BackCoin value reach $1.00 by Sunday. Title: Re: When/if will BlackCoin crash? Post by: TaunSew on April 14, 2014, 12:00:30 PM BlackCoin does not have services to prop up its price. Price seems to be propped up by multipools and speculators. Discuss. With all do respect, have you been in a coma the past week and just woke up? BC is on CoinKite, Moolah, and Coinpayments to just name a few. In a few weeks we are shipping the BlackCoin card, and there is a lot being done behind the scenes to get BC everywhere. Everyone can speculate and try to predict when BlackCoin price is going to stop increasing, but it is all speculation. BlackCoin is not an ordinary crypto-currency. BlackCoin has a brilliant developer, an awesome support team, a passionate community, and my 14 years of experience building & promoting products. We have amazing things in the pipeline that will leave everyone in awe. So feel free to speculate, but I assure you the only thing that will be popping is the corks of champagne when BackCoin value reach $1.00 by Sunday. Mintcoin and Vertcoin pulled the "hail Mary" speech like you just made. Blackcoin is a Bitclone with a few minor improvements and old PoS, it's a $hitclone which is currently being pumped and then it'll be pumped and then dumped and left to die. Nobody needs a novelty card, coffee mug, mouse pad or whatever you're selling. Title: Re: When/if will BlackCoin crash? Post by: IconicExpert on April 14, 2014, 12:19:15 PM Mintcoin and Vertcoin pulled the "hail Mary" speech like you just made. Blackcoin is a Bitclone with a few minor improvements and old PoS, it's a $hitclone which is currently being pumped and then it'll be pumped and then dumped and left to die. Nobody needs a novelty card, coffee mug, mouse pad or whatever you're selling. You should take a moment and really read your comments. You sound like a bitter ex-girlfriend who hasn't been able to move on. You are more than entitled to your opinion. However, I am not sure why you are on a campaign to discredit BlackCoin? If BlackCoin was a person I would have assumed he slept with your lover. If you do not want to buy and/or support BlackCoin that is also your choice. Just move on... But your obsession is kind of "creepy". Title: Re: When/if will BlackCoin crash? Post by: traderman on April 14, 2014, 12:22:00 PM I am pretty sure Mintcoin, Vertcoin did not have a multipool that is providing daily buying pressure. So that does make blackcoin a bit different.
BlackCoin does not have services to prop up its price. Price seems to be propped up by multipools and speculators. Discuss. With all do respect, have you been in a coma the past week and just woke up? BC is on CoinKite, Moolah, and Coinpayments to just name a few. In a few weeks we are shipping the BlackCoin card, and there is a lot being done behind the scenes to get BC everywhere. Everyone can speculate and try to predict when BlackCoin price is going to stop increasing, but it is all speculation. BlackCoin is not an ordinary crypto-currency. BlackCoin has a brilliant developer, an awesome support team, a passionate community, and my 14 years of experience building & promoting products. We have amazing things in the pipeline that will leave everyone in awe. So feel free to speculate, but I assure you the only thing that will be popping is the corks of champagne when BackCoin value reach $1.00 by Sunday. Mintcoin and Vertcoin pulled the "hail Mary" speech like you just made. Blackcoin is a Bitclone with a few minor improvements and old PoS, it's a $hitclone which is currently being pumped and then it'll be pumped and then dumped and left to die. Nobody needs a novelty card, coffee mug, mouse pad or whatever you're selling. Title: Re: When/if will BlackCoin crash? Post by: jjj0923 on April 14, 2014, 07:55:25 PM Here are my views on the future of Blackcoin. Article: http://razorsforex.blogspot.com/2014/04/blackcoin-first-pos-proof-of-stake.html Quote Service Unavailable Error 503 LOL!!!! - exactly! Title: Re: When/if will BlackCoin crash? Post by: hellscabane on April 14, 2014, 08:41:21 PM I'm gonna say this traction will last for a few more days. Once it hits about .0016 then there'll probably be major market movement.
Title: Re: When/if will BlackCoin crash? Post by: Armis on April 14, 2014, 08:46:15 PM Urrrrrgg
I think we found the ceiling, dammm it, just when I cash out of one position to jump in here, the rise comes to a screeeeeching halt, purchased at 92 had to sell at 91 because it was clearly reversing, then after that the rate drops so low so fast have to take a couple more losses, then I finally get in under it and start making my money bank and ended up a bit. of course now it flat lines. uuuuurrrrrrrgggggggg -- fun though Title: Re: When/if will BlackCoin crash? Post by: traderman on April 14, 2014, 09:30:20 PM Blog works fine.
Here are my views on the future of Blackcoin. Article: http://razorsforex.blogspot.com/2014/04/blackcoin-first-pos-proof-of-stake.html Quote Service Unavailable Error 503 LOL!!!! - exactly! Title: Re: When/if will BlackCoin crash? Post by: micryon on April 14, 2014, 10:07:59 PM You can't compare this to VTC.. there's much less mining "inflation". The large % of vertcoin hasn't even been mined yet.. so that will dilute existing coins. All PoW coins suffer from that.
PoS is vastly superior for the short term in terms of value.. but I'm still not sure if it's actually a secure protocol. If it is, it will replace BTC one day.. I'm not sure if that will be BC, or some other PoS coin.. but one of them will. (disclosure: I'm long on both VTC and BC atm) Title: Re: When/if will BlackCoin crash? Post by: hellscabane on April 14, 2014, 10:17:26 PM Well, never mind about three days. Well, that's the nature of the beast. It's always some sort of speculation.
Who knows though, maybe this is just an extended "hiccup." But dang, 8,000 BTC worth of volume is a heck of a lot... Title: Re: When/if will BlackCoin crash? Post by: micryon on April 14, 2014, 10:28:21 PM Well, never mind about three days. Well, that's the nature of the beast. It's always some sort of speculation. Who knows though, maybe this is just an extended "hiccup." But dang, 8,000 BTC worth of volume is a heck of a lot... Well the network , staking , etc.. all working pretty nicely.. so far i can say this is better than BTC for the originally intended purpose of a crypto currency. (I mean outside of all the crazy speculation... which i agree is just a bubble begging to be popped, atm) Title: Re: When/if will BlackCoin crash? Post by: Armis on April 14, 2014, 10:53:35 PM well we found the ceiling, and now we found the medium as well, for the post rally drop 67 what an experience.
like bronco riding ... get you exhausted just looking at it and now as the air is released from the bubble many scramble to cash out before they go broke Title: Re: When/if will BlackCoin crash? Post by: eizh on April 14, 2014, 11:32:59 PM PoS + multipool isn't a solution to ever increasing price, as many naive people seem to believe. There are no cheats in the free market. This naivete is sort of like believing that the Martingale strategy guarantees gambling winnings.
~50% of the coins are held in the top 100 wallets, which obviously corresponds to <100 people behind them. When a handful decide to cash out, it'll trigger a cascade. After all, like all other altcoins, you can't actually do anything with BC except trade it for BTC so there's no reason to hold on to them in a declining market. I sincerely wish you all best of luck when the game of hot potato starts -- this is where the fun of altcoin-land truly lies. ;) If any alt manages to amount to anything, it'll be a niche market like financial instruments or true anonymity. Title: Re: When/if will BlackCoin crash? Post by: Hollowman338 on April 14, 2014, 11:38:38 PM https://www.youtube.com/v/-DT7bX-B1Mg
aaaaaaand it's gone Title: Re: When/if will BlackCoin crash? Post by: eizh on April 15, 2014, 03:32:57 PM Whomp whomp whomp...
Title: Re: When/if will BlackCoin crash? Post by: Bansheroom on April 15, 2014, 04:59:15 PM Way too many coins and unknown variables to make any guess. Personally i invest all my BTC in 4-5 old or solid coins. Like FTC / Doge / LTC / BTC Too many overpriced shitcoins as of now. I do not trust X11 or price hyped coins like AUR / BC ....solid coins......Doge........FAIL Title: Re: When/if will BlackCoin crash? Post by: TrollboxChamp on April 15, 2014, 05:00:29 PM Fuck blackcoin. Buy Whitecoin. This one will be fair...
Title: Re: When/if will BlackCoin crash? Post by: dogechode on April 15, 2014, 05:04:24 PM It has been discussed all over the place that there is a cadre of blackcoin holders who are attempting to manipulate the price by agreeing not to sell below a certain price and keeping in contact with each other to maintain high, rising prices. That's probably illegal and in any event it can't last long term, some of them are going to get greedy and try to dump their stash while the dumping is good rather than risk being the last bagholder.
Not saying the coin itself is bad but it really isn't all that amazing compared to a dozen other altcoins with reasonably promising features. Title: Re: When/if will BlackCoin crash? Post by: Bansheroom on April 15, 2014, 05:06:21 PM Fuck blackcoin. Buy Whitecoin. This one will be fair... Why is whitecoin more fair? Did they copy the fair part of the BC code only? Title: Re: When/if will BlackCoin crash? Post by: Amph on April 15, 2014, 05:09:51 PM Fuck blackcoin. Buy Whitecoin. This one will be fair... Why is whitecoin more fair? Did they copy the fair part of the BC code only? you mean the scam part only, which is the only part of blackcoin ah...i forgot there is also the shit part Title: Re: When/if will BlackCoin crash? Post by: KingSchultz on April 15, 2014, 05:13:02 PM Fuck blackcoin. Buy Whitecoin. This one will be fair... Why is whitecoin more fair? Did they copy the fair part of the BC code only? Far as I can tell, it's a blackcoin clone with numbers changed and a premine tacked on... Title: Re: When/if will BlackCoin crash? Post by: paulsonnumismatics on April 15, 2014, 05:34:23 PM Fuck blackcoin. Buy Whitecoin. This one will be fair... Why is whitecoin more fair? Did they copy the fair part of the BC code only? you mean the scam part only, which is the only part of blackcoin ah...i forgot there is also the shit part Really, this forum should have any kind of age verification, is like reading a teenager chat ffs. Useful information: Zero. Bias: 100%. Man, what a lose of time. Title: Re: When/if will BlackCoin crash? Post by: RobFordWotWot on April 15, 2014, 05:36:12 PM I am 100% in BlackCoin because I am proud of my heritage. It is never coming down baby.
Title: Re: When/if will BlackCoin crash? Post by: Amph on April 15, 2014, 06:25:10 PM Fuck blackcoin. Buy Whitecoin. This one will be fair... Why is whitecoin more fair? Did they copy the fair part of the BC code only? you mean the scam part only, which is the only part of blackcoin ah...i forgot there is also the shit part Really, this forum should have any kind of age verification, is like reading a teenager chat ffs. Useful information: Zero. Bias: 100%. Man, what a lose of time. your post also doesn't offer anything to the forum, and it is probably biased too regarding blackcoin Title: Re: When/if will BlackCoin crash? Post by: cozk on April 15, 2014, 06:52:30 PM Way too many coins and unknown variables to make any guess. Personally i invest all my BTC in 4-5 old or solid coins. Like FTC / Doge / LTC / BTC Too many overpriced shitcoins as of now. I do not trust X11 or price hyped coins like AUR / BC ....solid coins......Doge........FAIL Doge is solid. Yes. Comes right after LTC. Whats wrong ? You mad because you dont have doges ? Title: Re: When/if will BlackCoin crash? Post by: dogechode on April 15, 2014, 06:57:18 PM I guess we should define what we mean by success/failure. To me doge is a failure at the moment because the community is shrinking and the value has been dropping for several months now. To me a coin has to have a stable or increasing value in order to be considered a "success."
Blackcoin has been rising in value but it seems unlikely that this can be maintained. It's still too new to call it a definite success or failure yet. |
