If you watch the buy sell activity live and look at the depth charts you can see one or two people are struggling to keep it above 40000.  The buy support is well under 40000.  One seller is all it will take to suck it down. Only a matter of time.

I don't own any BC. Don't plan to.

It's not really at 42. Someone is praying they can prop it up on their own. There is zero buy support above 40.  A 3 BTC Sell would plow it down into the 30000s.  Read the charts. Just because one person buys 1 BC at 42000 doesn't mean that's the trading point. LOOK AT THE DEPTH CHARTS!

It's going to tumble.

Tonight Blackcoin will continue to fall. Whitecoin will continue to rise off lows. Check twitter @coinrocket in 12 hours for updated buy sell tips. CoinRocket gets it right.

Strato

Read depth charts. Whales keep placing small orders at 43000 to make price appear higher. Spread is widening. Buy orders simply NOT THERE.

Look at order depth charts... No buy support until 39000

Falling...Falling... Falling...

Buy support vanishing, buy walls removed. Mid 30000s by morning.

CoinRocket called this on Twitter 2 Hours ago.

You guys shouldn't be asleep. MONEY NEVER SLEEPS.

Strato

@coinrocket always calls these way ahead of time.

BC headed to mid 30000 by mid Tuesday.

Tonight's buy while the weak are asleep is WC. It won't be at 1000 for long.

Follow on Twitter @coinrocket for tips or PM for info on private message tip group subscription.

Strato

Wow I called that fast!  Now in 41000s. Next buy support at 38000.  Could see mid 30000s by morning.

Money never sleeps folks you should be awake.

Called this tip 2 hours ago. Follow on twitter @coinrocket

Strato

Blackcoin falling like a rock. Next stop 42000, then 38000. Buy support is vanishing quick. Down 13% already. Yikes.

Except that the majority of coins mined are auto dumped immediately by the large pools. They make up for the majority of coins sold during the mining phase.

The most a coin can crash is 100%.

You must be new. Features?  If ANY coin is unique it's WC. Just look at the last week.

Keep in mind also that the exchanges themselves hold and own 10-12% of the coins in a days volume... Meaning Mintpal has at MINIMUM 65BTC of WC holdings.  They are holding. Trust me.

Volume is the single biggest indicator to watch with this coin. Period.

Sorry hit extra 0. Meant 850. Made a large trade last week on Mintpal like that. Did a 14BTC buy order of FLT and shorted myself a 0.... Yikes I bought UP the sell block.  Ok though as I was able to exit at profit but a BIG whoops!

Doubtful. But who knows. The multipools will continue to auto dump until Thursday when mining is over. Then there will be 0 coins on the sell block.

Going to buy another 1-2 BTC of WC before heading to bed regardless.  I fear we are near bottom.  If it goes down further under 8500 I got a few spare BTC I will use to scoop up a few more before Thursday.

Strato

I take it you haven't been following the whole story.

Really ask yourself... Why would anyone buy ANY alt coin. The only one you can really spend is Bitcoin.

Certainly not selling!  It's the pools that are "auto selling" to the exchanges not actual people.

Hold IMO.

I'm hoping we see 8500, or 8000,  either way my finger is on the trigger to buy more.

67 hours.... Then cha-Ching!

Likely all ALTs will recover as well once this ends. I've been both mining with a very large setup and trading now for 6 months. I think Whitecoinn is likely the most interesting coin to hit the exchanges ever

Can anyone else name a coin to be listed on nearly every exchange in a matter of days?  This coin is a pure SHAKEDOWN. Going to skyrocket on Thursday.  Until then, shake out the weak ones.