Basically this. Value is being added but the price stays the same. This is the accumulation phase. Every day there are a few more people finding out about blackcoin. When it breaks up, it will be just as violent if not more so then the run up to 94k. A run to 200k sats is well within the possibility for this coin.
When I said that we should "stop with the hope that we'll be rich in 5 minutes" I should have been clearer and posited that we shouldn't have this as the end game. I think many of us would find the occassional 'run to 200k' welcome, for the time and energy and faith we invest ;] Well I think a run up to 200k is inevitable, it might break it, it might not, but BC should hold above 100k sats from then on. This is still well before mass adoption so massive runs shouldn't scare anyone. Only more active wallets will stabilize this currency fully. I'm talking 1 million wallets, which is about 100x the current amount. |
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I really don't think the price is being held down, at least not by anything other than the normal whale games on altcoins. You have to consider that once a coin is a top 10-15 cryptocurrency, the market changes a lot. Hype and 'good news' don't make the market jump like crazy like it does in lower value altcoins. And on a more stable, successful currency, day traders aren't looking for huge gains. They are happy to take a 5-10% gain on something like BlackCoin because there is a much lower risk that they'll lose a significant amount than the risk on low-value, speculative coins. This makes it harder for the market to make significant moves without really good reason. That's not to say BlackCoin won't make signficant gains fast. It just takes more real, concrete value to readjust the market after a coin already has a baseline of success. Simple hype won't do it. There is a great recent example: Darkcoin traded sideways between 125k-150k for well over a month. I was holding some the entire time and I followed it fairly closely. The tech and plan for the coin was well publicized the whole time. It was clear that the developer was skilled enough to implement it. There were great things happening in the community. But the price stayed level. I saw a lot of posts from people frustrated by it - they saw value being added yet the price didn't move. But then the anonymous sending came out of beta. Shortly after, Dark has gained over 400% in one week and is now trading around 550-600k. The market barely reacted to news or hype for over a month. It reacted when enough concrete value was added that it made DRK obviously undervalued, and market adjusted quickly. I think BlackCoin may be in a similar situation. We have some of the strongest development forces I've seen in altcoins. Real value is being added every day. All the fundamentals are excellent. We have a top developer. This coin has huge potential. I don't know when, but I think there will come a point very soon when the market finds BLK to be very, very undervalued.  Basically this. Value is being added but the price stays the same. This is the accumulation phase. Every day there are a few more people finding out about blackcoin. When it breaks up, it will be just as violent if not more so then the run up to 94k. A run to 200k sats is well within the possibility for this coin. |
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Looks like they settled on a currency symbol for BlackCoin
It was BLK day 1 at coinkite since they need a 3 letter symbol. super awesome. |
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Oh look,
I go afk for 3 hours and IE is still ranting about how great he is and how he has come to save the people by heroically taking donations for his stupid ideas.
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Read it again Sherlock. I have no interest or desire to rip off a community I am currently active in for roughly $600.00 USD.
Always have to have the last word? I willing to bet the phrasing "community I am currently active" is quite fluid and you are actively trying to line your pockets while spamming every thread to the contrary. |
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Nice posts cryptolemaik i have been sitting on the same info, with the same intentions but had not spent the time to link all of his lies. Thanks man  |
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IE, you have done nothing but scam people out of their money.
Those styrofoam cards you made, are .50 cents each that anyone can order with software you got for free from Github.
this persona that you are a business man is ridiculous beyond belief.
Ever since the community started doing things outside of your "plan" you have been nothing but hostile.
Its clear to everyone how narcissistic you are very few (abit loud) people actually buy what you are trying to ram down everyone's throats.
I feel sorry your family because you must be a terrible person to be around.
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he has not done anything since the 10th... no reason to think this is him. |
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 MADNESS thats crazy... another whale joined in. |
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220 btc buy in buy walls right now.. O.o
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buy wall @ 25k now 115 btc.
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Definite shenanigans. Think about this, these buy and sell walls do is generate interest. Signaling others ?
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500K sell wall  good bye BC So in summary, its proven that the BlackShield is a fiasco... This only attracted more whales to dump hahaha. Fail. wall was pulled there mr troll |
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lol shenanigans going on in BC
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OFFTOPIC: But massive Cinni dump!!!
holy crap |
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someone is trying to shake out enough coins at these low levels to be a top 20 holder.
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130 BTC buy order moved up to 25600...
interesting
Not sure... is this a new player or a trader that sold higher looking for a good price point? This is the problem with day trading large amounts in blackcoin... sure the price is at 24-25k but unless you get lucky, there just simply not 100+ btc worth of coins at these levels. |
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Nice to see the 122 BTC buy order on Mintpal
i'm new to trading can somebody explain what this exactly mean? It means someone wants a lot of BlackCoin. ok thanks  |
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Nice to see the 122 BTC buy order on Mintpal
actually 140 sitting at 23k... |
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wow people still come to BTCtalk for info ?
Does anyone not see the triple bottom forming?
Blackcoin will go up once you sell your coins.
Do you really think people here or BC care about triple or double bottoms or coffee cups or inverted reverted lines? and you wonder why you are freaking out. volume and distribution of BC still makes TA relevant. guess we will see tomorrow who is right. You don't know what you don't know. PS. IE doesn't have much to sell, and is making himself irrelevant to BC with each passing day. His need to post on every other reply proves he is desperate for attention. |
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