Bitcoin Forum

Investor's Quick Guide

Potential investors often read this forum to determine which coins are good investments or not. If you have been on the sidelines trying to determine if BlackCoin is a good investment or not, here are 6 good reasons why you should invest in BlackCoin.

1. BlackCoin has increased 9820% in value since launching in February.
2. From April 1st to April 21st BlackCoin has increased in value 892%.  
3. In the past week BlackCoin value increased 451.11%. (After the sell off)
4. BlackCoin has a total of $ 1,839,352 in daily trade volume.
5. BlackCoin is currently #3 in trade volume only beaten by Bitcoin and Litecoin.
6. BlackCoin market cap is currently $18,360,767 which puts BlackCoin in 9th place and quickly approaching 8th place.

If we have another week of 451% gains..we could easily be trading well above 200000 sat. Obviously 200000 sat in one week is very optimistic after having a sell off, and past performance does not guarantee future performance. However, if BlackCoin value only increase by 200% this week, we will be trading near 100,000 sat.

So if you are on the sidelines waiting to buy low, forget it! Now is the time to buy BlackCoins. The mid 45,000 sat floor will increase to at least 70,000 - 80,000 sat by the end of the week.

The fact that it has increased so fast is not a good reason to invest  ::)

Going from 50k to 100k is not a tiny task whereas whitecoin going from 1200 sat to 2400 say is more likely...

yeh, and everyone pretending WC doesn't exist, or if it does somehow has no bearing on BC price.

BC is being PUMPED ready for the DUMPED

WhiteCoin is pre-mined garbage and it's value keeps decreasing daily because it is being dumped slowly into oblivion. If you made the asinine decision to invest in WhiteCoin you should give up investing in crypto-currencies all together and find a new hobby.

What a fucking scam.
Since to make money in every market you have to buy low and sell high i don't see how 1,2 and 3 are good reasons to buy BlackCoin.
Vast majority of this coin is held by no more then 3 people and they set the price they want and they also counterfeit volume data with fake trades.

Noobs stay away from this coin!

What a ridiculous statement. I invested a fair bit in BC and I'm glad I did but WC is also worth more than 4x what I paid for it at the moment. Can you please explain your logic in suggesting that this was such a terrible idea that I should leave crypto altogether? At the very worst it tanks completely and I get out at the break-even point.

You sound like a crazy man on the street corner screaming about aliens. There are over 74 million coins and 3 people do not control the majority of the coins: http://maarx.nl/maarx.nl/blackcoin/distribution/

Also, please tell me how could $1,746,822    in daily volume be "faked"?

If your investment in WC has given you a return of 4x then you should be thankful and sell ASAP. The price of WC will keep deflating because it is being slowly dumped as I type this...

your points can apply to AUR and MAX too, they were once very promissing. No doubt that BC made a magical pump, but it's still basiccally pump and dump coin. BC is on the peak at the moment, anyone who buy now will become the bag holder.

I made a decent profits on Blackcoin, bought at 0.00002 - 0.00003 and sold at 0.0002. I missed the peak but generally i'm happy with x7 profits.

I'd rather pump BTC on similar coin such as AsiaCoin or WhiteCoin by now because their price are still very low. If they can reach 0.0001 which is 1/9 the peak of BC i would still make a big amount of BTC. Reward/Risk ratio of AC currently better than BC.

And this is why most people never become rich trading crypto because they do not have a clue what they are talking about.

1. BlackCoin is now part of CoinKite and it will be live on their system June 1st: https://coinkite.com
2. BlackCoin has the first portable wallet that is a branded BlackCoin Card: http://www.blackcoincard.com
3. BlackCoin will be added to Moolah and all related services: http://www.moolah.io

In about another month BlackCoin will be trading well above $1.00 a coin and people will still be thinking it is a "fad"...lol

To achieve such pump you need whales to pump BC for you. But the problem with BC right now is its large volume (~3000 BTC) which is hard for whales to pump, they will not do such a risky pump. Whales are moving to other coins with lower volume and price, so much easier for them to pump.

dumped by whom? the premine or miners stashes?  I see multipools dumping but this is good, really the price of WC is holding up way better than anyone could have thought for such fast minting.

I consider white coin to have more chance of going x5 from there than bc going x5 from here in the short /med term.

Premine is way smaller than the .75% would suggest in real terms.  The full minting will be done in a another day or two so it really is just 0.75% of the current minting.

Usually when a premine is 1% with other coins it is really 10% or greater for months of coins with years of minting. So can do a lot of damage.

I see BC and WC being pretty much good for each other really .... i would not sell BC for WC though because BC is still going up from here i would guess, so sell other coins if you must or just mine WC while you can.

I agree though buy BC i would expect any portfolio would have 5% or greater bc.

Whitecoin will do the same, so right now if you invest in Whitecoin your profit will be higher than with Blackcoin. Just my opinion,

The great thing about Blackcoin is the lack of new coins being dumped onto the market everyday. That creates huge downward price pressure on coins like Litecoin, Bitcoin etc. But not for Blackcoin.

As for the clones of Blackcoin, here is what I posted yesterday before the price of all the clones crashed downwards:

"You'll notice a pattern in this community, a new coin comes along that gets success and then a flood of clones try to cash in on it.

- We saw this with DOGE coin and coins trying to be memes
- We saw this with the IPO wave of coins
- Then we had a wave of "country" coins
- Now the new flavour of the month is 100% POS coins

I honestly think a lot of people are going to get burned if they don't do their research. Either, pick the market leader (for 100% pos it's blackcoin, for meme coins its doge etc) or wait until the next new thing comes along and invest in that. Problem is the next new thing is risky, so you have to be willing to slap your bitcoins down on a coin that is very different and could easily fail.

Best case scenario is they make *some* profit but nowhere near the same as Blackcoin. Worse case scenario is all these coins get drowned out in the sea of new POS clones and crash and burn after the initial hype. Since we've seen the worst case scenario play out three times already on the past few "coins of the month", I see the same happening again."

+1

Well I think I'm going to hold, thanks all the same. Easy come, easy go and all that :)

My point was more that your blanket statement that anyone dealing with WC is so stupid they should just leave crypto is a bit ridiculous. Nor does it lend credence to what you are saying about Blackcoin. Perhaps there are people holding WC that are thinking about getting into BC? Your first post was obviously to encourage this but then a short while after you tell them they should just quit. A little counter-productive, no?

Wow i can't stop laughing by looking at another 'prediction' of IconicExpert on another thread:


WTF 3200 for one Blackcoin on December  ;D

Bitcoin has only 12 millions by now and it's trapped at $500 mark. But Blackcoin with hundreds of million will have the price of 3200 for each ?

Seriously you're dreaming, wake up, be more realistic.

This thread is about investing in BC, others made it a promotion about WC. I could care less about WC or the people who invested in it. I know for a FACT WC is being slowly dumped :)... so it is a bad investment when your profits are slowly evaporating....

I can see your reading comprehension is just as bad as your investment skills. You forgot to quote: "Now obviously the growth will not remain steady at 360% each month. Some months it will be more and some month it will be far less. Some months it will remain level. " Of course I do not think BlackCoin will be worth $3219.00 by the end of the year....and I stated as much...


As I am typing this WC is down 21%....ouch.

Actually it sounds absurd but you have to remember each day over a million dollars of new Bitcoin are dumped onto the market. It's no wonder the price doesn't go anywhere with the constant dumps. It takes a big media spike or massive event for the price to lift. With Blackcoin, we wave goodbye to profit dumping miners.

However, obviously those figure are optimistic and best outcome scenario. Even if Blackcoin *only* goes up to $5 (more realistic) by the end of the year that's still a 1000% increase on your investment. That may sound unlikely to you but you have to remember 100% pure proof of stake coins have different market mechanics than a proof of work coin. That is why Blackcoin has done so well.

Don't forget also that when the price of Bitcoin goes up in price so does Blackcoin. So if Bitcoin goes on a nice bull run this year it would have a multiplying affect on your profit if you held the equivalent of that BTC in Blackcoin.

There's plenty more going on behind the scenes too for the future. Both marketing wise and project wise.

He also didn't fully quote me, he quoted me out of context....

I don't miss that sentence, by saying "Some months it will be more and some month it will be far less some months it will remain", you still assumed that BC will increase  at average rate of 360% per month. Still, not realistic.

You Blackcoin fans need to view the market from whale's perspective, they are the ones who drive the price up and down. Risk/reward of BC currently not worth for them to pump. They'd rather move to another coin with lower volume and price, pumping these new coins to 1000% is easier than pumping BC to 200%.

That's 6 reasons NOT to buy Blackcoin.

Keep pretending you know what you are talking about while BC becomes the next Bitcoin...you have no clue what is in the pipeline for BC...

Hmmm, not one of the reasons mentioned is actually a reason to hold.  ::)  Actually, 3 of them are reasons to sell off some.

Volume can be counterfeited by buying and selling to yourself huge amounts of coins back and forth.
Distribution data can be counterfeited too.

the reason you post  failed to carry conviction ,i'd like to keep my eye on commcoin   infromationcoin  or cinni coin faricoin ......

The smart people not blinded by bitterness, jealousy, and emotion will invest in BlackCoin for the long term. Anyone holding more than 10,000 BC will be very happy by the end of this year.


In other news: WC is slowly deflating to 900 sat...ouch

Lets bring more trolls inside :-P

I can not lie if I have a son I might have to call him Iconic!!

4. BlackCoin has a very nice news and trading tips website now: http://www.dailyblackcoin.com

But go ahead and support WhiteCoin because clearly that is the one trying to make a push for cryptos as a whole, and not BlackCoin. Or maybe some other random premine and IPO coin. Go make those people, who contribute nothing to cryptos - just shut up and give them your money instead! So they can come back a week later and create another coin, for you to give them more money!

Sucessed before does not mean it will success in the future, I don't agree with#1.

Blackcoin has no ongoing increase from mining, and has a multipool that pays out in blackcoins (the way most do in bitcoins), thus driving constant demand. That's a valid reason to expect prices to increase in the future, as opposed to looking at the past and simply extrapolating.

Guys the plan is simple..
if you mined BC or got in under 10k if you havent sell at 70k the amount of your investment plus a decent amount of profit (dont be greedy) do it now, keep some BC for mid & long term , it costs nothing you are already in profit!
 Now if you expect to become a millionare over a year its your call,
Always invest what you afford to lose... less drama, less fear,
HF ;)

I bought WC at 700 sell at 1600 then buy more BC

Thank you WC for this pump
I wait tomorrow to see the value then buy again for dump later

I need more BC

BC compared to peercoin market cap and price. BC should be arounf .60-.65 cents.



thats the max i see it

i agreen but i still have a little BC

Buy pressure from multi-pool eroded by high price of BC and competition from other PoS coin multi-pools.

Interest on balance from BC PoS is too low to be worth holding onto BC if no/low movement.

No way this going to into the hundreds.

G.

Demand is not constant, due to rising BC price demand created MP will look like an a graph of y = ln (x).
Any increase in BC must be created by value now, not multipool.

G.

Is it still worth mining BC or better buy a few? And is pool mining the only way with only a few mhs?

You can't mine it directly anymore. But check out the blackcoin pool that I mentioned, that pays out in blackcoin from mining other coins:
http://blackcoinpool.com

If you think BC will add value to the coin, then buy some, it may yet rise further.

If not and you think that the multipool buying power pushed BC to 40k, and you think another multipool could replicate this demand, then look at another PoS coin just starting out.

For example, look at CINNI.

If Multipools push 75 million BC to 40k, then logically, with only 5 million CINNI, a strong community any multipool creating the same demand (look at how much hashing power was used) would push CINNI to 600k a coin.

CINNI is currently @ 3k on Polinex.

conversly, look at COMM, very active community but 800 million coins, the hashing power that drove BC could support COMM at 3.75k a coin.

COMM is currently @ 150 sat on Polinex.

G.

p.s. I hold CINNI, not COMM (yet), COMM distribution is not finished.

Someone stated on Twitter (a Blackcoin supporter) that 50BTC daily buy pressure from multipool created the pump that brought us to the 30000+ satoshi levels for BC where the volume being traded is 4000+BTC per day.

Compare the volume of BC before the multipool hype pump and subtract that from daily volume now and you get how many BTCs are being injected by speculation, which is 3000+BTC daily volume.

So you have thousands of BTC speculating on 50BTC worth of daily buy pressure.

Tell me this is stable. Please. Tell me I am wise to buy Blackcoin right now.

Awsome.

I have just jumped aboard the CINNI train. I think it is a better choice right now.

If 50BTC pushed BC to 30k, given 75 million BCs then 450k is possible with the same buying power with CINNI.

Thank would be nice.

G.

Bump. Check out Blackcoin

What I find more interesting is that this topic just came to do more harm than good to Blackcoin!

IconicExpert is the mouth pumper of Blackcoin community and although that is not necessary a bad thing you should just restrain yourself to pump Blackcoin and stop inciting attacks on other cryptocurrencys!

That kind of attitude might backfire on you.

Cinni @ 5300 from 3000, well played.

Find out who the multipools are, and how much hashing power they create and watch it daily! In a coin like this that will be the greatest indicator of price.

G.

p.s. nothing against BC at all, but interest rate is too low! Why hold?

Interest rate means increasing supply. You want the supply to be fixed or with minimal increase to ensure the value holds up. These coins that have ridiculous interest rates will keep watering themselves down into oblivion.

Interest rate does mean increasing supply, but it is also the opportunity cost for holding the coin once a stable price is reached.

1% interest on BC annually.

Why would you ever hold BC long term @ 40k?

ie, after 1 year, 1 BTC in BC = 1.01 BTC =  :'( :'( :'( :'(

I would term BC a mined out PoW, not PoS.

But if your speculating on price then who would care about 1% per annum in interest................

(hint, no one cares because BC is over priced due to speculation, it will not go higher without a huge increase in hash power from the multipools, which it will never have).

I'm not saying dump BC. Unless the BC multipools hashing power decreases, then I'm saying dump it.

G.

Blackcoin taking a bit of a hit today.Gone down a fair bit.  :-\

we should start a club where it's 5000BC to be in. and everyone holds for 3 months. and some sugga daddy pays us 2%interest

Well, what's the real value of holding black coins.

It's not like you can walk into the supermarket and buy a case of beer with them.

Maybe now BC don't increase more :'(