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virtualfaqs
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April 15, 2014, 12:47:34 AM |
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Is there a total somewhere or you added it yourself? |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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Mk2vr6
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April 15, 2014, 12:47:41 AM |
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Manage to profit $4800. Well done for free money  Trading? |
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hellyeahent
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April 15, 2014, 12:51:28 AM |
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Manage to profit $4800. Well done for free money why free ? |
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danstanit
Member
 Offline
Activity: 84
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
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April 15, 2014, 12:52:51 AM |
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There is a skype BlackCoin Community group chat if anyone wants to join, you just need to add this guy on skype and he will add you to the group. Skype: baounirvana
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heartastack
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April 15, 2014, 12:53:38 AM |
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Manage to profit $4800. Well done for free money why free ? Fleeced from weak noob, no-balls hands. Welcome ---- the sharks !  |
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buy-black
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April 15, 2014, 12:55:48 AM |
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Hey that makes me more suspicious that there is shorting on this coin... No changes on the owners of the coin but we have traded huge volumes |
BC + XC + DRK
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PeterPalmBeach
Sr. Member
Offline
Activity: 336
Merit: 250
SellALL, BuyBTC
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April 15, 2014, 12:57:43 AM |
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myelbow4
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April 15, 2014, 01:03:34 AM |
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Manage to profit $4800. Well done for free money you might want to buy back in buddy. |
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Radi777
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April 15, 2014, 01:04:47 AM |
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I wonder if whitecoin will reach similar prices, what do you guys think?
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hellyeahent
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April 15, 2014, 01:06:26 AM |
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That u should gtfo ? |
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heartthew
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April 15, 2014, 01:06:28 AM |
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I wonder if whitecoin will reach similar prices, what do you guys think?
Clearly not - premined copycat scam... |
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heartastack
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April 15, 2014, 01:06:58 AM |
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I wonder if whitecoin will reach similar prices, what do you guys think?
Google the Hindenberg blimp. |
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heartthew
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April 15, 2014, 01:07:28 AM |
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I have 3200 BC that is it so no big deal for me... but I still want to help this coin reach its maximum potential.
I have been watching this coin for only 5 days and it sure as hell has been very, very exciting. But I am one of those people that don't trust anybody and will plaster here my paranoia for all to scrutinize.
1. The stakes on this Coin are HUGE.. anything is possible... I would strongly suggest that if you are a strong believer of this coin you take ALL OF YOUR COINS out of the market so no one can play with them, or borrow them, or steal them to manipulate the market. In Wall Street this is called shorting a stock and is used by big players to manipulate the market. The market manipulation can destroy the confidence and also crush a stock or in this case a coin.
2. This kind of manipulation can come from someone with lots of funds who also believes in the coin and is willing to take it to extremes. For example this coin could be dumped back down to 5 satoshi and kept there until he accumulates all of the weak holders coins. When the capitulation volume is reached then he brings the price back up and will be much richer WHALE! Now if you combine this with such factors as tiny market and an exchange not able to function with such huge volumes... you are looking at some very dangerous situations.
I hope that I am wrong about this but since crypto is not regulated like a real stock market... I think anything is possible and the risk is too high.
3. This kind of manipulation could also come from the opposite angle. Assuming again someone with big funds wants to kill this coin so that HIS coin can be the one that shines above all. Imagine the same scenario of SHORTING this tiny baby and selling the coin until panic and all psychological damage destroys the confidence while his coin rises above all.
Again I hope I am wrong but crypto is not regulated and anything can happen. Today volume and price manipulation reminded me of wall street shorting actions.
MY SUGGESTION: If you are a strong believer of this coin please remove your coins from the market and put them safely away so no one can touch them until this has matured!
First, you can't short cryptos directly and second, no single "whale" has enough BC to dump to take it down to 5 sat. How do you know that you cant short cryptos? Who guarantees that fair game is being played? YOU? I said directly. Read better. I read correctly but who are you assure people that cryptos can not be shorted? you can short BTC at plus500 and bitfinex you can also go short on any trade by going long on the opposite side of the currency pair not really.. if a whale is squeezing out weak hands then we know one things for certain.. he intends to take the price up to extremes at some point. havent had time to catch up on the thread.. just woke up.. but if anyone hasnt said it.. im pretty sure the press release is the reason for this volatility. all the people who mined blackcoin when it was minable, who dont pay attention to this thread etc, seeeing blackcoin in the news and realizing they can cash out thousands of dollars are dumping. so.. catch! Throwing some quick numbers we have traded 14.8 million coins today that is something like 20% of the total 74 million... That seems way more than I would expect to be as liquid coins at the market. I think shorting this coin is very possible given these numbers no? That is a lot of the same coins being traded repeatedly on the margins - NOT a total number of unique coins. |
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dzimbeck
Legendary
Offline
Activity: 2412
Merit: 1044
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April 15, 2014, 01:07:54 AM |
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Hey that makes me more suspicious that there is shorting on this coin... No changes on the owners of the coin but we have traded huge volumes Its because BLACKCOIN can overtake Litecoin. Its simple. Litecoin is old and outdated. It suffered too much from China bullcrap gets insider traded and the Proof of Work Scrypt coins are oversaturated. Way too many miners seeing lower returns. Bitcoin is the same. Too much "politics" its so news driven its annoying. People are always like OMG what news?? Bla bla bla. And people are so scared like OMG when will it duimp?? Dump? Why? Into Bitcoin that goes down every frikkin day? If Bitcoin goes up so do we. So only reason to dump is if you want out of crypto. Some dumers got hurt bad when the price rebounded 30% up and down. And this is just the beginning. This coin is going up up up. The miners will see the Blackcoin pool and the people tired of crapcoins will come here where the real money is. Why sell at 40 cents when you can sell at 40 dollars? I cant sell yet there is not enough volume. When there is 200 BTC buyorders then we can talk. But lets see this develop! |
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PenguinsDancing
Newbie
Offline
Activity: 44
Merit: 0
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April 15, 2014, 01:10:10 AM |
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Is there a total somewhere or you added it yourself? I did it myself. Just a spreadsheet copy paste. Yesterday was 39,864,558.03 Today is 39,195,131.2 So ~700,000 less. |
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Gazza1
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April 15, 2014, 01:12:41 AM |
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Ok, for any potential newbs forget what I said. Trade your hearts out. Now it's too calm!! I'll take chaos over calm!! Chaos+spread+volume=big big happy times. I'm starting to see I may have just been confusing people who may not get the underlying purpose of what I was sayin. |
Impossible is a word found only in the dictionary of fools.
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virtualfaqs
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April 15, 2014, 01:14:53 AM |
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Is there a total somewhere or you added it yourself? I did it myself. Just a spreadsheet copy paste. Yesterday was 39,864,558.03 Today is 39,195,131.2 So ~700,000 less. If you match up the addresses and report which ones have significant change after 24 hours that could be useful info. |
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John_Paul
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April 15, 2014, 01:15:09 AM |
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What are the reasons for this coin's price going up lately?
Has the PoW period done and is it under pure PoS now?
How many total coins have been distributed so far? Have all coins been distributed already?
oh come on.. can't people read first page? So do you know the answers or not. I read the first page and I did not get the answers. That is why I asked. |
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sus2134
Newbie
Offline
Activity: 17
Merit: 0
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April 15, 2014, 01:15:29 AM |
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Still BC at a good price
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digicidal
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April 15, 2014, 01:15:42 AM |
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Throwing some quick numbers we have traded 14.8 million coins today that is something like 20% of the total 74 million... That seems way more than I would expect to be as liquid coins at the market. I think shorting this coin is very possible given these numbers no?
Here's a quick number for ya then... I trade with between 10K-25K BC and 5-15BTC (With the larger numbers representing values only when I'm 'all-in' trading-wise at least). Just myself I probably generated 100BTC worth of volume today in just 6-8 trades. Considering the size of the guys that were playing in our pool today... I'd say more than one did 1000BTC worth of volume by themselves. It's pretty easy to do when you're moving 100BTC worth back and forth on the swings. So I'd guess that there was somewhere closer to 8M total DISTINCT coins traded today. With at least 4M of those being held by fewer than 10 hands. |
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