No, and no one does because the 24 hour volume exchanged is just that, volume. Could entirely be comprised of traders flipping back and forth. Even if you took at as $1m in new money, it's not enough on a daily basis to reach a valuation of $75m in market cap.
Would you like to make a small wager? IF BC doubles in value again tonight I stand by prediction and by next Sunday we will be trading at $1.00. If we are trading below 1.00 by next Sunday I will send you 50BC. If we are trading above 1.00 you send me 50BC. The last gentleman I offered this wager to was glad he declined. I'll take this bet. I'd be happy to lose $50 to be proven wrong. Great. The bet is only on IF BC value doubles again tonight. Based on the large buy orders and people not really wanting to sell for low, it is a safe bet it will double again. |
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You have a very valid point in that it comes down to what existing "float" is traded from the outstanding coins, however, lets take it to an extreme. If all the existing holders of the coins wanted to sell at $1 (unrealistic I know), there would need to be $75 million in investment to absorb it. No one knows when and where people will take profits at, but I'd rather see a slow and gradual rise that allows weak sellers the chance to get out with profits and longs to pick up the available supply than a double after double with no support so when all the sellers want to rush to the exit, there is actually buyers waiting to absorb it all.
...and before anyone thinks of questioning my agenda here, I hold xxx,xxx number of coins.
Why is it when someone starts debating the future value of BlackCoin and they seem as if they have an agenda, they always find a way to slip in how much BC they own?  |
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but at $1, you're looking at $60+ million of fresh capital being injected
No. Um, how so? How else is a coin suppose to make it to $75 million dollar market cap from $9.x when the majority of the coins are held by longs? That value increase has to come from new capital, obviously. Doesn't matter if it is from outside USD exchanged in or conversion of other alts, it's still new money to drive up the cost per coin. With $60 million you could basically buy all the coins from every exchange many times over making the price go $500 a coin or something. Exactly. If I have 10 of something, worth $10 each, we have a $100 market cap. I sell one for $15. Now we have a market cap of $150 with only $5 more added. So, a $50 market cap gain, with $5 of additional money. BINGO!!! So many people do not understand this concept, thank you for explaining it in its simplest form. |
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No, and no one does because the 24 hour volume exchanged is just that, volume. Could entirely be comprised of traders flipping back and forth. Even if you took at as $1m in new money, it's not enough on a daily basis to reach a valuation of $75m in market cap.
Would you like to make a small wager? IF BC doubles in value again tonight I stand by prediction and by next Sunday we will be trading at $1.00. If we are trading below 1.00 by next Sunday I will send you 50BC. If we are trading above 1.00 you send me 50BC. The last gentleman I offered this wager to was glad he declined. |
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I've read everything you wrote, but past performance does not guarantee future results. This is the exact kind of exponential growth that hurts prices in the long run. Prices need time to consolidate with willing sellers locking in profits to new/existing holders that see value before moving higher. If not, you're not giving levels of solid support when the rush of supply hits the market.
I understand you wrote the PR and got it out there but it's a few hundred to release a PR on one feed that gets picked up by others. Perhaps there is some Wall Street capital invested in here but probably not as much as you think or are hoping for--if it really was, the market cap would be substantially higher because millions are a drop in the bucket for institutional firms.
You are entitled to your opinion and I'm by no means saying you are wrong to have one. I just think you should be a bit careful in throwing out price targets on such short time frame as it gives off the vibe of a P&D, which really is the last thing you want associated here. I do think $1 is possible, absolutely, but in a week, no. Again, I'd love to be proven wrong (and certainly welcome it), but by saying such short-term targets, you are opening up disappointment to anyone that starts believing it.
Ahh now the truth is slowly coming out. I am not going to argue the effectiveness of the promotional campaign last week. BC trading at mid 7000s last Sunday, and one week later trading at 32000+ speaks for me. And yes I know past performance doesn't guarantee future results, but past performance does give an indication on what to expect in the short term. I made it very clear that these are my opinions and anyone trading on that my opinions can do so at their own risk. However, respectfully you do not have a firm understanding of how quickly crypto moves. I can point to numerous coins that value increased significantly in far less time. If you have time look at my previous posts and you will see I just do not just throw out random numbers for fun. I make intelligent assessments based on numerous factors. You are not privy to what is going on behind the scenes, I am. Part of my predictions are based on more than just speculation. |
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but at $1, you're looking at $60+ million of fresh capital being injected
No. Um, how so? How else is a coin suppose to make it to $75 million dollar market cap from $9.x when the majority of the coins are held by longs? That value increase has to come from new capital, obviously. Doesn't matter if it is from outside USD exchanged in or conversion of other alts, it's still new money to drive up the cost per coin. I am going to ask you a serious question. Do you know how much capital was poured into BC in just one night? |
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Pointing out a legitimate bubble is not FUD. There's no uncertainty here. There are clear patterns in the alternate digital community and I provided two good examples. Each time there's a downturn in digital currencies some random coin is always pump and then left to die.
There's no incentive for subsequent investors to come in and buy BC when it's valued at $10 million as the ROI isn't there anymore. Meanwhile the Whales, who bought in for pennies when the capitalization was less than $100K, have incentive to convert their BC into BTC or a portfolio of new alternates.
First you have to stop comparing BC to other alt coins. That is like comparing a Kia to a Ferrari. Yes you are right other coins are pumped and then when the ROI is not there anymore investors sell off and pump another coin. I dumped roughly 9 Million Mint weeks ago and bought BlackCoin. I haven't sold my own personal holding of BlackCoin and I wont. BC is the coin where investors come for stability and preserve their wealth. You also have to factor in many other coins have one or a few people holding millions of coins. BlackCoin is fairly distributed so a massive dump from one or a few people is not likely to happen. As BlackCoin value continue to increase and more people hold it, the chances of a dump because less possible. I also want to point out many other coins can't be used to by things. We are quickly overcoming that problem, and the devs and myself are working behind the scenes to make sure BC can be used as a legitimate currency. So BlackCoin is the real test to see how viable can a POS coin be with all the right ingredients. 0.24 cents in about 12 hours and $1.00 by the end of the week. Stop. No one can argue that it hasn't had an amazing run but this is ridiculous, especially in such a short time frame. I'm long BC as well and would love to see those levels but at $1, you're looking at $60+ million of fresh capital being injected with the market cap skyrocketing to the number 3 position. At this rate anything can happen, there's plenty of opportunities to be a skeptic but BC has proven skeptics wrong time and time again. A further push, DOGE holder switch, stronger hold and whoosh. There's plenty of unrealized potential with money already in alts to raise the value, we don't need McDonalds cashiers putting their life savings in to maintain and increase the value .. (yet) I'd love nothing more than to be proven wrong but it's these bold targets that set unrealistic goals and sucker newbies into thinking that this coin will more than 10-fold their investment in a week's time. Given the right amount of time, I certainly think that 50-75 million dollar market cap is within reach. And lord knows, if we break 100 million, no telling where it could end up. Having used a variety of alts, the 10 second transaction time with BC is fantastic and puts others to shame, especially if this is going to have real-world purpose for brick & mortar merchants. Also, the lack of environmental impact that POS provides vs POW is worthy in itself. Did you read anything I wrote or did you just click quote? This has already happened multiple times in a WEEK, it is not fantasy. BlackCoin value increased 350.7% since the first of the month. Before arguing your point please review the charts. Just in 24 hours BlackCoin value doubled... yes doubled. IF it doubles again tonight then expect to see $1.00 by the end of the week. I am entitled to my opinions and predictions as you are to yours. |
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Pointing out a legitimate bubble is not FUD. There's no uncertainty here. There are clear patterns in the alternate digital community and I provided two good examples. Each time there's a downturn in digital currencies some random coin is always pump and then left to die.
There's no incentive for subsequent investors to come in and buy BC when it's valued at $10 million as the ROI isn't there anymore. Meanwhile the Whales, who bought in for pennies when the capitalization was less than $100K, have incentive to convert their BC into BTC or a portfolio of new alternates.
First you have to stop comparing BC to other alt coins. That is like comparing a Kia to a Ferrari. Yes you are right other coins are pumped and then when the ROI is not there anymore investors sell off and pump another coin. I dumped roughly 9 Million Mint weeks ago and bought BlackCoin. I haven't sold my own personal holding of BlackCoin and I wont. BC is the coin where investors come for stability and preserve their wealth. You also have to factor in many other coins have one or a few people holding millions of coins. BlackCoin is fairly distributed so a massive dump from one or a few people is not likely to happen. As BlackCoin value continue to increase and more people hold it, the chances of a dump because less possible. I also want to point out many other coins can't be used to by things. We are quickly overcoming that problem, and the devs and myself are working behind the scenes to make sure BC can be used as a legitimate currency. So BlackCoin is the real test to see how viable can a POS coin be with all the right ingredients. 0.24 cents in about 12 hours and $1.00 by the end of the week. Factor in other coins have one or a few people holding millions of coins? I'm really liking Blackcoin so far. But this, the exact opposite of what you claim: http://agran.net/bc_getbalance.php?top=100And the fact that there was a one week ''fair'' PoW mine period - which is bullshit because one week is far too short for it to be a fair distribution make me hesitate to buy in. Now don't tell me that if I think this way the coin is not for me, convince me. You do realize many of those addresses are exchanges? You also do realize BC has over 74 million coins? If someone dumped 500,000+ coins (which we already seen happen a few times), guess what the effect is? It gets absorbed by smarter investors and quickly taken out of circulation. |
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Pointing out a legitimate bubble is not FUD. There's no uncertainty here. There are clear patterns in the alternate digital community and I provided two good examples. Each time there's a downturn in digital currencies some random coin is always pump and then left to die.
There's no incentive for subsequent investors to come in and buy BC when it's valued at $10 million as the ROI isn't there anymore. Meanwhile the Whales, who bought in for pennies when the capitalization was less than $100K, have incentive to convert their BC into BTC or a portfolio of new alternates.
First you have to stop comparing BC to other alt coins. That is like comparing a Kia to a Ferrari. Yes you are right other coins are pumped and then when the ROI is not there anymore investors sell off and pump another coin. I dumped roughly 9 Million Mint weeks ago and bought BlackCoin. I haven't sold my own personal holding of BlackCoin and I wont. BC is the coin where investors come for stability and preserve their wealth. You also have to factor in many other coins have one or a few people holding millions of coins. BlackCoin is fairly distributed so a massive dump from one or a few people is not likely to happen. As BlackCoin value continue to increase and more people hold it, the chances of a dump because less possible. I also want to point out many other coins can't be used to by things. We are quickly overcoming that problem, and the devs and myself are working behind the scenes to make sure BC can be used as a legitimate currency. So BlackCoin is the real test to see how viable can a POS coin be with all the right ingredients. 0.24 cents in about 12 hours and $1.00 by the end of the week. Stop. No one can argue that it hasn't had an amazing run but this is ridiculous, especially in such a short time frame. I'm long BC as well and would love to see those levels but at $1, you're looking at $60+ million of fresh capital being injected with the market cap skyrocketing to the number 3 position. Earlier in the month someone wrote the same thing you just wrote when I suggested BlackCoin will be trading at 0.12 by the end of the month. A week later it is trading at 0.13 cents. Bitcoin went from trading at $137 to $1100 in less than 2 months. IF we double again tonight and go into the week strong when most people are actually trading and paying attention, by the end of the week we will be at $1.00. IF we are trading at $1.00 people come back so I can say "I told you so" :-) |
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Pointing out a legitimate bubble is not FUD. There's no uncertainty here. There are clear patterns in the alternate digital community and I provided two good examples. Each time there's a downturn in digital currencies some random coin is always pump and then left to die.
There's no incentive for subsequent investors to come in and buy BC when it's valued at $10 million as the ROI isn't there anymore. Meanwhile the Whales, who bought in for pennies when the capitalization was less than $100K, have incentive to convert their BC into BTC or a portfolio of new alternates.
First you have to stop comparing BC to other alt coins. That is like comparing a Kia to a Ferrari. Yes you are right other coins are pumped and then when the ROI is not there anymore investors sell off and pump another coin. I dumped roughly 9 Million Mint weeks ago and bought BlackCoin. I haven't sold my own personal holding of BlackCoin and I wont. BC is the coin where investors come for stability and preserve their wealth. You also have to factor in many other coins have one or a few people holding millions of coins. BlackCoin is fairly distributed so a massive dump from one or a few people is not likely to happen. As BlackCoin value continue to increase and more people hold it, the chances of a dump because less possible. I also want to point out many other coins can't be used to by things. We are quickly overcoming that problem, and the devs and myself are working behind the scenes to make sure BC can be used as a legitimate currency. So BlackCoin is the real test to see how viable can a POS coin be with all the right ingredients. 0.24 cents in about 12 hours and $1.00 by the end of the week. |
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so you get good percentage from the profit
you are making thousands of dollars by scamming other members of this community
since your fake marketing campaign (one link in Yahoo for 400 $)
you with your team don't represent BC, anyone have the right to be here, if you don't like my opinion don't answer me, i'm not posting for you, it's for revealing the scam behind this cards
Here is the package I purchased with the money donated by the community: http://service.prweb.com/pricing/package/financial/
Please note the websites they claim to submit the press release to.
I also had to pay for the writer. I previously posted his name and LinkedIn profile. Feel free to contact him and ask him how much he charged me for his services.
I also paid bloggers to post links and spread the word about Blackout Wednesday the day I announced it.
Here is the final results of our press release: http://www.blackcoincard.com/pr/blackcoin-pr.pdf
Please note the 250 site pickup.
Please note the 3863 media deliveries
Now I do not know why you are so obsessed with posting FUD about me, but it is border line forum "stalking".
Yesterday you accused me of some egregious things, and when I posted the proof above you just slithered away without acknowledging you were wrong. Today you are back to posting egregious claims against BlackCoin without proof to back up your claims. I do not speak for the entire community, but it would be best if you just stop posting here. |
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I think we're starting to outgrow bitcointalk and with no way to moderate this thread the noise to signal ratio is getting worse. Can Soepkip or someone else be given privilege to moderate this thread?
I agree. This thread has become a magnet for FUD and advertisements for other alt coins. I think a healthy debate is needed, it is never good when everyone always agree. However, a lot of the stuff being posted now are just personal attacks and outrageous assumptions. |
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It's a pump bubble. No way Multipools are generating over $1 million. This happens each time Bitcoin and all the alts decline in value - some random coin is selected and everyone throws dumb money at it and then people are stuck left holding the bag. It has happened several times in the past 90 days. http://coinmarketcap.com/vtc_90.htmlhttp://coinmarketcap.com/vtc_90.htmlLast time it was Mintcoin / Vertcoin where the whales and bagholders were exclaiming, since it saw massive gains out of nowhere, that it would replace BTC.  I respectfully have to disagree. BlackCoin was increasing in value way before BTC started declining. The increase in volume and market cap has to do more with promotional efforts and key partnerships with some of the top companies specializing in crypto-currency. Also I would like to point out BlackCoin is POS not POW. There are not millions of coins being mined every month, so when a dump happens it is minimum at best. Why? Because a large percentage of the coins initially mined were dumped weeks ago, and the coins being traded now are mostly coins investors purchased. As the value keeps increasing people buying at this current level and above will not want to dump and suffer a loss. It will be a few days or even weeks before we see a brief slow down or retraction. |
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Now Taking Pre-Orders - BlackCoin Wallet Card We are now accepting pre-orders for the BlackCoin Wallet Card!!! Please click here to place your order: http://www.blackcoincard.com
Price: $20.00 + Free Shipping Worldwide!
Pre-Orders will be from today until 4/18/2014. First Batch will be shipping out the week of May 1st!
Only the first batch will be the limited edition version!
The official website launches 4/14/2014 @ 5:00PM EST
Please note: The image is just a low resolution mock-up. The actually card will be high resolution supper glossy plastic with vibrant colors. So what exactly is the Blackcoin Card Wallet?The BlackCoin Card Wallet is a completely branded BC card with a pull out USB dongle. It will be loaded with a custom BlackCoin start menu and the wallet pre loaded. When you insert the wallet into your computer the menu will automatically launch, and you will have access to your wallet, current market prices, BC news, and other elements all in one place! What makes this exciting is you will not only be able to keep your wallet with you at all times, in the event you need to access your funds you will be able to do it at any Windows computer. The blockchain and all other data will already be loaded on the card. (Obviously if you do not plug the card in regularly it will take longer for it to sync). Also, the launcher will automatically update the wallet to the current version automatically.
Another benefit of the card is you can pre-load as many coins as you like and give the cards away to family and friends as "gift cards". They will not need to be tech savvy to use it! Just insert and go! This is a great way to introduce others to BlackCoin.
And lets be honest, wouldn't it be cool to walk around with a BlackCoin wallet card with the sexy logo?
Note: A portion of the proceeds will go directly to the dev team and community projects.
Pick yours up here: http://www.blackcoincard.comNow that BlackCoin value has exploded, the first batch of Limited Edition cards might be valuable one day!!! |
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Now Taking Pre-Orders - BlackCoin Wallet Card We are now accepting pre-orders for the BlackCoin Wallet Card!!! Please click here to place your order: http://www.blackcoincard.com
Price: $20.00 + Free Shipping Worldwide!
Pre-Orders will be from today until 4/18/2014. First Batch will be shipping out the week of May 1st!
Only the first batch will be the limited edition version!
The official website launches 4/14/2014 @ 5:00PM EST
Please note: The image is just a low resolution mock-up. The actually card will be high resolution supper glossy plastic with vibrant colors. So what exactly is the Blackcoin Card Wallet?The BlackCoin Card Wallet is a completely branded BC card with a pull out USB dongle. It will be loaded with a custom BlackCoin start menu and the wallet pre loaded. When you insert the wallet into your computer the menu will automatically launch, and you will have access to your wallet, current market prices, BC news, and other elements all in one place! What makes this exciting is you will not only be able to keep your wallet with you at all times, in the event you need to access your funds you will be able to do it at any Windows computer. The blockchain and all other data will already be loaded on the card. (Obviously if you do not plug the card in regularly it will take longer for it to sync). Also, the launcher will automatically update the wallet to the current version automatically.
Another benefit of the card is you can pre-load as many coins as you like and give the cards away to family and friends as "gift cards". They will not need to be tech savvy to use it! Just insert and go! This is a great way to introduce others to BlackCoin.
And lets be honest, wouldn't it be cool to walk around with a BlackCoin wallet card with the sexy logo?
Note: A portion of the proceeds will go directly to the dev team and community projects.
Pick yours up here: http://www.blackcoincard.comNow that BlackCoin value has exploded, the first batch of Limited Edition cards might be valuable one day!!! |
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I just woke up almost shit my pants after looking at the price
 Prepare a diaper tomorrow Do you think somebody is going to sleep tonight? :0 Im not..the next 12-14 hours will be a major test. If we double again there will be a lot of happy people tomorrow morning. |
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BC has doubled in value for nearly 3 days now. If it happens again in the next 24 hours BC will be worth 0.24 cents. By the middle of next week it will be worth $1.00. If you want to sell for a few cents now, please by all means please do so, I need more cheap BC before it goes to $1.00. However, if you have been waiting for BC to gain traction since 500 sat do not stop holding. By next week anyone wither over 30,000 BC will be able to buy a new car and take a nice vacation. But even selling at $1.00 will be ludicrous. There are no miners to dump loads of BC onto the market, and we are just getting started with innovating and promoting BC!!!
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Some Advice
There are questions being asked if it the right time to buy. Others are asking if they should sell. Buy now because these prices are still cheap, and do not sell because the prices will get much higher!!! This is just the beginning of the climb. BC is NOT going to be dumped as other coins have in the past. This is not the kind of coin you sell off for cheap, we have proven that. Also, some of you thought Blackout Wednesday was over hyped and a bust, and today days after our successful promotion we are trading at 0.12 a coin!!! Last week was just the beginning!!! We have something coming very soon that will make last week seem boring. So do not make the mistake of selling like you did before 10,000 sat or you will be kicking yourself you didn't listen.
Here we go again. Go Iconic ! If you can buy more BC ASAP, even if it is only a few thousand BC. What me and the devs have planned will leave everyone speechless in a few weeks! I hope its going to be announced on Friday again  We are keeping this one under wraps until after the Blackcoin Cards start shipping. It will be in a few weeks and we will announce the day of the big "event", that is how exciting this news will be. They say to buy on rumor sell on news. In this case, buy BC on rumor and buy more BC on news! |
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Some Advice
There are questions being asked if it the right time to buy. Others are asking if they should sell. Buy now because these prices are still cheap, and do not sell because the prices will get much higher!!! This is just the beginning of the climb. BC is NOT going to be dumped as other coins have in the past. This is not the kind of coin you sell off for cheap, we have proven that. Also, some of you thought Blackout Wednesday was over hyped and a bust, and today days after our successful promotion we are trading at 0.12 a coin!!! Last week was just the beginning!!! We have something coming very soon that will make last week seem boring. So do not make the mistake of selling like you did before 10,000 sat or you will be kicking yourself you didn't listen.
Here we go again. Go Iconic ! If you can buy more BC ASAP, even if it is only a few thousand BC. What me and the devs have planned will leave everyone speechless in a few weeks! |
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Some Advice
There are questions being asked if it the right time to buy. Others are asking if they should sell. Buy now because these prices are still cheap, and do not sell because the prices will get much higher!!! This is just the beginning of the climb. BC is NOT going to be dumped as other coins have in the past. This is not the kind of coin you sell off for cheap, we have proven that. Also, some of you thought Blackout Wednesday was over hyped and a bust, and today days after our successful promotion we are trading at 0.12 a coin!!! Last week was just the beginning!!! We have something coming very soon that will make last week seem boring. So do not make the mistake of selling like you did before 10,000 sat or you will be kicking yourself you didn't listen.
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