You do realize people can see your previous posts right?  

You joined to slam BC and in the process pump MintCoin and WhiteCoin?  

As long as trolls like you and others take your time to post here this coin will continue to rise. You and other trolls are actually helping to promote BC. Have you ever heard of "there is no such thing as bad press"? When you post in here it pushes this thread to the top. People can't help but to notice how many pages this thread has. So thank you for helping to increase the value of my BC portfolio!

Please stop posting ridiculous assumptions. The lowest we will go with another moderate sell off is the mid 40s to the low 40s. The current sell off is just people taking profit and nothing more nothing less. The next "massive" sell off will be around $1.00...

Professional Analysis - Unexpected Good News (RE-POST)


I posted this a few days ago and I think I needed to re-post again because it explains the periodic sell offs we keep experiencing

As I have stated before there are many things going on behind the scenes, and this morning I would like to share some promising news with the community. Just before the sell off I hired a professional analyst a friend recommended to take a look at BlackCoin and give me his professional assessment of the financial product. As an investor and businessman I need to be armed with facts and reasonable predictions moving forward into the weeks and months ahead. I am decent with numbers and reading charts, but I believe one should always enlist the help of professionals who are the best at what they do. As an analyst his job is to take emotion out of the equation and stick to the numbers and facts. This morning I received a report with unexpected news that made me immediately purchase more BlackCoins.

First an explanation on what happened within the past week.

1. Some assumed the sudden growth and the sudden sell off of BlackCoin was an orchestrated pump and dump, that was not the case. BlackCoin price explosion was the direct result of people taking notice with all the news coming out over a 5 day period. BlackCoin moving up in the charts quickly garnered the attention of investors looking to ride the wave of the next "hot" coin.

2. When we started trading above 80,000 sat there were many holders who had coins from 5000 sat and under, and for them suddenly having tens of thousands of dollars was to much to hold, so they started selling off. Do not forget there were people with over 100,000 coins and many of these people are students and/or come from poor countries. Also, many of these people are facing hard times and instantly having that much money was too much to hold onto.

3. The sell off caused a chain reaction and people in this forum and other forums thought it was an orchestrated pump and dump and started selling off quickly. The "panic" resulted in a massive sell off because of misinformation.

4. When the sell off subsided we established a floor around 14000 sat because that is where most of the new investors began investing in BlackCoin.

5. If the sell off did not happen we would be trading well above $0.60 cents or more.

What to expect next?

1. The wall set around 40000 sat is not one person, it is multiple people looking to exit. It is the level where investors who got in around 14000k want to exit, and investors who jumped on board around 40000k want to recover their losses. We will see resistance around 40000 sat for awhile until the damn breaks again.

2. We will not see another sell off that massive until we are close to $1.00 and that is when more people will be faced with lots of money and will have no choice to give in to temptation and sell.

3. Around $1.00 is where we will lose the remainder of the "weak" hands, and the "strong" hands will begin to take over and hold strong

So why did I buy more BlackCoins?

1. The sell off did not drive us below our starting point of 7100, and to be trading more than double than the starting point after a massive sell off is almost unheard of in stocks or any other financial product. And to recover in less than 48 hours is nothing less than unprecedented.

2. If the fundamentals remain the same without change, and we continue to grow at our current rate, we will be trading higher than $100 within 12 months. Past results do not predict future results. However, in BlackCoin's case proof of stake gives a constant we can use to make reasonable predictions. Unlike with Bitcoin we do not have to estimate how many coins will be mined and dumped onto the market.
a) We are adding approximately 700 - 1000 new people each week which will eventually spread the current supply thin.
b) With each sell off there will be more new holders added each holding less coins than the previous holders.
c) Supply will become significantly  less as we get closer to $1.00 but demand will increase as well which will cause the price to explode.

3. BlackCoin will grow quicker in price than Bitcoin because there are no new coins being mined to dilute the value. The coins being generated from staking is not enough to dilute the value of the coin

I just explained everything in layman's terms so everyone can understand. This is not an attempt to pump the value, I wanted everyone to be armed with the info I have. I am more bullish on BlackCoin than I was before and I will continue holding until we are #1.

Why is everyone surprised by this round of sell offs? I told everyone days ago after we get above 40k there will be another round of sell offs by people who purchased above 40k last week. These sell offs will keep happening all the way up to $1.00. However, each sell off will be less and less severe as we get higher. We will not go below 40k during this sell off, 40k is the new floor.

       

There is one thing to be a great "salesman" and never deliver. There is another thing to be a great salesman and deliver on what you promise. For me BlackCoin is a multi-million dollar business and it needs to be treated as such. Everyone who holds BlackCoin are shareholders and they expect the devs to have the best interest of the shareholders in mind all the time. It is because of this the devs have entrusted me to help take BlackCoin to the next level. The stories I post are true and I share them to help get my point across.

I am assuming you are referring to me. Please share with me and the rest of the community how my posts are BS? Please point out what I wrote in my current or previous posts that you consider BS? Also, no one is up my "ass". I think most of this community realize I could have cashed out days ago and move on. I have taken shots from all directions since day one, and I am still here doing my best to help this community. I could have taken my card idea and applied it to all the top coins and I would be making 10x as much as I making now just keeping it only BlackCoin. 

In my years of experience I never underestimate anyone. I have a true story I will share with you and this community.

I know a developer who had the top YouTube to MP3/Video converter. This software was hot and on the top of all the download sites. He was making more money than he can count. I told him he needed to localize his app and expand ASAP. He didn't listen and another developer created a clone. It was basically the same app but with nearly a dozen supported languages and it was 100% free. I told my associate to acquire that app ASAP or it would eventually cut into his market share and destroy his profits. He didn't listen, and in less than a year his product is no longer in the top 10.

Cold Hard Facts

I was going to wait until tomorrow to post this, but I decided to post it now after catching up on pages of posts I missed.

Recently there have been some rumblings regarding WhiteCoin. I am not going to debate which coin is better, nor will I debate if WhiteCoin copied BlackCoin or not. In all honesty it doesn't matter if the WhiteCoin dev copied the source code line for line and just named it WhiteCoin. The point is there will be dozens of BlackCoin clones that are going to be released, so get use to it. This is why it is imperative to abandon the idea of slow and steady growth, and adopt a no prisoners mentality moving forward. The major advantage we as a community have over 99% of the other communities is our active dev team, active community, and partnerships with real corporations willing to do business with us. But we do not have an infinite amount of time. We must establish ourselves quickly and then defend the infrastructure we have established.

Moving forward we need more pools put online ASAP. These pools do not have to mine for profitability as the main pool, but to make sure coins like WhiteCoin are done before the get started. Mine & dump will make sure clones like WhiteCoin have a shelf life of two weeks max. Google is not the #1 search engine by singing kumbaya and playing footsie with their competition. Google is the #1 search engine because they eliminate any chance of any startup competing with them. Do not get comfortable with 9th place, we have to act as if we are in 100th place all the time. I took the initiative to buy enough WhiteCoins so if they end up becoming a "threat" I will dump enough cheap coins back onto the market that it will become another MintCoin. Do not feel sorry for any other community or coin. They would suck out all of the value out of BlackCoin if it would make them richer.

I have been contacted by several developers asking me to create a card for their coin, but I refuse because I made a promise to this community we will get to #1 together. This is the reason why I would not and will not release the source code publicly. All someone will do is just copy and paste the code, and then use our technology against us. If they want a card let them figure it out themselves. Note to all developers with competing coins, I am not going to make a card for your coin. It is nothing personal it is just business.

Today I am now willing to share some of the projects I am working on behind the scenes. One of my closest friends is the VP of one of the largest software publishing companies in Europe. His company acquired one of my products back in 2006. We are currently discussing being able to allow customers to purchase their products using BC. I am also working behind the scenes to try and use our other partnerships as leverage to establish a direct Fiat to BC and BC to Fiat exchange that is simple for anyone to use.

My plan is to use our resume of current partnerships to establish new more promising partnerships. This is what other communities do not have, and it is this that will allow us to become in the top 3 before by the end of Summer.

As I stated before the devs and I are planning something huge in May that will make the world take notice. This is not hype or me trying to "pump" the price, this is a promise I am making to this community. The two press releases we did will seem like amateur hour compared to our future plans. If you want to sell now and looking for a quick profit then go right ahead and sell. If you are on the sidelines waiting, then buy all of the BC you can now. Because in June everyone who sold will be posting  "I should have listened to Iconic"...and everyone who bought will be posting "I am glad I listened to Iconic"....

Thank you ...It is the holiday weekend and I usually spend time with my family over the weekend. I will be back being active Monday morning... 

People also not taking into account it is the holiday weekend around the world. Monday we will see upwards movement again.

Why do you insist on comparing BlackCoin to MintCoin? MintCoin is a slowly dying currency with a community that seems to focus on what the BC community is doing instead of trying to resuscitate MintCoin.


Before posting asinine comments you should really take the time to do your research first. No other community besides the Bitcoin community has spent so much time and money promoting the coin. If we wasn't doing a great job promoting BlaclCoin we would not be the 9th top coin in only two months.

You didn't read the post correctly. "Limited edition cards will never be made again"...

4) Email Mintpal and ask them to give BC its own pairs. For example: BC/Doge

No the CoinKite debit card will be used for that. This is strictly to store your coins and take them on the go.

The Card has everything installed on it already. No need to download or install anything. All you have to do is stick it in the USB slot on your PC and that is it. You can transfer funds to it just like any other wallet. What makes this unique is it has a launch menu with everything BlackCoin related displayed nicely for the end user. It is intended for someone that has never used BlackCoin before. Current price, places to buy BC, news, places you can spend BC...etc..etc.

+1

Yes people like him are perfect because his audience are already familiar with crypto-currencies. Good idea!!! Contact him and let us know what you find out.