[ANN] Blacknet BLN | Staking | Future of zApp & ZeFi

[buy-black]

Is Black Coin Ready to Pop?  

ARE YOU PANIC SELLING??  STOP FOR A SECOND AND READ THIS.

I am posting this to advise SINCE the next possible move (up or down) is coming and this depends on us!  There has been constant buying pressure for three days and have now reached a point where Black Coin is going to make a move.

Looking back at previous resistances we see that it took:

Run 1 about 600 BTC
Run 2 about 1000 BTC
Run 3 about 150 BTC

Every time that the buyers have approached the 38 to 39k price they get dumped as high as 50 BTC in one shot.  Also the selling wall increases with size as the battle gets heated up displaying that there is some big selling desired at this stage.

It appears that this resistance level will not be broken until we have enough BTC to eat all of the selling pressure.  All of the selling pressure are those people that bought above 40K and are now bitting their nails!  That is why they will push and push until they run out or they become believers in BlackCoin again!



I have watched a few of these last rallies and it has become evident that the needed volume to break the 40 k resistance has not been met.  

To break this 40K resistance it will required more that 200 BTC and I would venture to guess maybe even 500 to 1000 BTC.  It is hard to tell but the sellers have become VERY STUBBORN and will not give up their positions until enough fire power takes them away.  

The buying pressure has continued to increase with buyers and sellers
piling up as shown on the next graph.



This is the order book depth displayed by Mintpal... but we do not know what lays further ahead.  Unfortunately mintapal has reduced the order depth so we don't know the whole story behind the order book.

On the left are the buyers lined up with their walls up to 17O BTC and on the right is the sellers lined up to 110 BTC.

On this graphs we see the bigger picture to find the next resistance level.  I would care to say that most of the buyers that fueled the Rocket Run of 4010 BTC are desperate bag holders wanting their money back.  Look at the graph below: 567+1352+2091= 4010 BTC



To avoid a major retrenchment of panic sellers I believe we should have a large support wall behind the price increase above 40K..  This wall should be supported by the current vested believers and this wall may allow us to continue to set a new high which can only be reached if we get the confidence rebuilt so that the bag holders become BlackCoin Investors and Cheerleaders like myself.

I also want to point out that a support wall behind ANY attack must remain intact...  I have seen attempts in which after the attack the supporting wall was significantly wreaked so the price had a significant retrenchment.  Again this will boost investor confidence.

I hope there is way for the buyers to coordinate efforts .. so that enough BTC is brought to the table to BUY the sellers...
The next level to overcome would be 50-60k..  Breaking this 40K to 60K will a major feat and will bring more interested parties to invest in the Future..  All the buyers at this level can then be rewarded with a 50% reward in going from 40K to 60K.

- I think that all the parties involved here would want to protect their investment so I put this forth for consideration and awareness.

- BlackCoin is ready to pop but we need to have a coordinated effort from our Black Shield BlackCoin Team to bring it to the next level.

-Here is the beginning of a coordinated effort to bring more stability to this baby.. OUR BABY!
    http://www.blackcoinpool.com/news/an-update-from-the-dev-team

[casper69]

i already have 600 BC i have .2 btc left is it still a smart buy in at this price? i bought my 600 in at 25 sat fyi.

[Coinler]

Is Black Coin Ready to Pop?  

ARE YOU PANIC SELLING??  STOP FOR A SECOND AND READ THIS.

I am posting this to advise SINCE the next possible move (up or down) is coming and this depends on us!  There has been constant buying pressure for three days and have now reached a point where Black Coin is going to make a move.

Looking back at previous resistances we see that it took:

Run 1 about 600 BTC
Run 2 about 1000 BTC
Run 3 about 150 BTC

Every time that the buyers have approached the 38 to 39k price they get dumped as high as 50 BTC in one shot.  Also the selling wall increases with size as the battle gets heated up displaying that there is some big selling desired at this stage.

It appears that this resistance level will not be broken until we have enough BTC to eat all of the selling pressure.  All of the selling pressure are those people that bought above 40K and are now bitting their nails!  That is why they will push and push until they run out or they become believers in BlackCoin again!



I have watched a few of these last rallies and it has become evident that the needed volume to break the 40 k resistance has not been met.  

To break this 40K resistance it will required more that 200 BTC and I would venture to guess maybe even 500 to 1000 BTC.  It is hard to tell but the sellers have become VERY STUBBORN and will not give up their positions until enough fire power takes them away.  

The buying pressure has continued to increase with buyers and sellers
piling up as shown on the next graph.



This is the order book depth displayed by Mintpal... but we do not know what lays further ahead.  Unfortunately mintapal has reduced the order depth so we don't know the whole story behind the order book.

On the left are the buyers lined up with their walls up to 17O BTC and on the right is the sellers lined up to 110 BTC.

On this graphs we see the bigger picture to find the next resistance level.  I would care to say that most of the buyers that fueled the Rocket Run of 4010 BTC are desperate bag holders wanting their money back.  Look at the graph below: 567+1352+2091= 4010 BTC



To avoid a major retrenchment of panic sellers I believe we should have a large support wall behind the price increase above 40K..  This wall should be supported by the current vested believers and this wall may allow us to continue to set a new high which can only be reached if we get the confidence rebuilt so that the bag holders become BlackCoin Investors and Cheerleaders like myself.

I also want to point out that a support wall behind ANY attack must remain intact...  I have seen attempts in which after the attack the supporting wall was significantly wreaked so the price had a significant retrenchment.  Again this will boost investor confidence.

I hope there is way for the buyers to coordinate efforts .. so that enough BTC is brought to the table to BUY the sellers...
The next level to overcome would be 50-60k..  Breaking this 40K to 60K will a major feat and will bring more interested parties to invest in the Future..  All the buyers at this level can then be rewarded with a 50% reward in going from 40K to 60K.

- I think that all the parties involved here would want to protect their investment so I put this forth for consideration and awareness.

- BlackCoin is ready to pop but we need to have a coordinated effort from our Black Shield BlackCoin Team to bring it to the next level.

-Here is the beginning of a coordinated effort to bring more stability to this baby.. OUR BABY!
    http://www.blackcoinpool.com/news/an-update-from-the-dev-team

let them sell. dont give panic sellers any advice.

[virtualfaqs]

Guys, it's time to break the 40k wall.

You do know given what has happened today, the fact that we are still at 38K is a major victory.

[Maestro1]

Guys, it's time to break the 40k wall.

You do know given what has happened today, the fact that we are still at 38K is a major victory.

What did happened today? 

[virtualfaqs]

Guys, it's time to break the 40k wall.

You do know given what has happened today, the fact that we are still at 38K is a major victory.

What did happened today? 

Don't you watch Harry Potter? This-Coin-Must-Not-Be-Named started trading on MintPal.

[Maestro1]

Don't you watch Harry Potter? This-Coin-Must-Not-Be-Named started trading on MintPal.

Yeah, made tons of profit from the-coin-which-must-not-be-named today But I wasn't expecting it to affect BC.

[stormia]

Guys, it's time to break the 40k wall.

You do know given what has happened today, the fact that we are still at 38K is a major victory.

What did happened today? 

Don't you watch Harry Potter? This-Coin-Must-Not-Be-Named started trading on MintPal.

I'm somewhat disappointed that Mintpal decided to add it as one of their personal choices... I guess I can't blame em though, they wanted the volume.

[CryptoBrother]

Guys, it's time to break the 40k wall.

You do know given what has happened today, the fact that we are still at 38K is a major victory.

What did happened today? 

Don't you watch Harry Potter? This-Coin-Must-Not-Be-Named started trading on MintPal.

I'm somewhat disappointed that Mintpal decided to add it as one of their personal choices... I guess I can't blame em though, they wanted the volume.

It was so funny to see Mintpal tweets about adding new cioin only in MONDAY..... and after this that They saw how much BTC was in BlackCoin They add without any info this shitty coin (we all know which coin)

I´m so angry for mintpal that they are going with MONEY..... It´s bad and not fair for BC..... I already PM´ed them that it was like ¨special¨ move to put people out of BC to this shitty coin.... but I´m in Crypto to much time and I know that ¨ILLUMINATI¨ are playing with us... With us miners with Us buying/selling.. There is no reason why BTC for example droped due to China FAKE NEWS and it not was 1st time....

I believe in BC but still We can not be sure if ¨Illuminati¨ not are behind all this rumor.... So fast after BC perfect start This 2nd coin ¨SCAM COIN¨ made thesame.... I´m 100% sure that price of this coin gonna hit 30-50% of BC price after few weeks of fork....

Why only this % there is more coins this coin is scam copy paste...

We all know that BC is GOING TO DA MOON! but We need time :=) Effort! Effort! Effort!

Cya and just stop spamming here guys go and find some real life...

[neutraLTC]

it's all about the money, they knew they could capitalize quickly. and they sure as hell did, a lot of btc traded hands there in the first few minutes of trading. making them substantial % on fee's

they don't care about blackcoin or whitecoin

[alkaint]

i'm actually glad mintpal added that coin , i got extra 1.2 btc from it  to pump bc with ,

[jamieb81]

it's all about the money, they knew they could capitalize quickly. and they sure as hell did, a lot of btc traded hands there in the first few minutes of trading. making them substantial % on fee's

they don't care about blackcoin or whitecoin

Exactly, I'm sorry to say, but I would have done the same if I was running mintpal. As an entrepreneur I can relate and what count's in business

is to be stone cold when you want to make $$

[jamieb81]

Did you guys see that - shall not be named - has been aded to craptsy?

you think this coin will die this fast? I suspect a big pump first, followed by a "toilet" flush

[Jesse Livermore]

High volume high at 29k begging for re-test.

Just to update things now...
Obviously the 29k got re-tested on high volume which got things moving into this 40k region. Wyckoff volume rules state that a break above 40k should likely be accompanied by volume and meet up with the high-volume 60k level we had. Unfortunately, there aren't any high volume targets in the shorter-term to give (the example of a high volume target above from 2 days ago was an easy target to give). Per Wyckoff though we do still have the 95k high volume mark which should get re-tested. Since it appeared on a longer timeframe (it's on the 'max' and the '1-week' Mintpal chart) I wouldn't expect any rush to re-test it.
Per Elliott Wave rules, a break above 40k could have the look of a swift Wave (3) rally which could get us to 60k easily or higher if that comes with volume.
Elliott Wave however also says we could very well be doing a large a-b-c consolidation head-fake for either a large (2) or an unlikely large B correction wave which takes us sideways or back down again (Wyckoff volume rules though say that due to this low volume mode we entered into today, it's not likely to go below the previous 30k or 20k high volume support marks unless someone out there has like 300 BTC-worth of BC they suddenly unload right now...and frankly if someone did that I'd call up my grandma and tell her to buy at that point).

Overall I'd say the tea leaves are pointing up, now whether that comes after some more consolidation or comes immediately.... I couldn't say.

JL

[nrg_wolf]

Did you guys see that - shall not be named - has been aded to craptsy?

you think this coin will die this fast? I suspect a big pump first, followed by a "toilet" flush

just mine -shall not be named- and dump it for my BC, its profitable atm even with difficulty. 0.047BTC with 4mhs is far better then what the multipool has been paying as of late..... more BC to buy

[CADguy]

anybody care to do the honors and pull the trigger on this?

[KingSchultz]

Every day I see new users and new merchants on the subreddit. Building this community further will bring in new support and show the strength of the BLACKCOIN COMMUNITY to the world!

JOIN THE SUBREDDIT: http://www.reddit.com/r/blackcoin

It's growing fast. We're at 915 subscribers. Let's get this to 1,000 and beyond!

If you're not into Reddit, don't worry! It's very easy to get yourself started. Reddit is anonymous in nature, you don't even need an email address to create an account!

[gonzoucab]

ILLUMINATY....

[noerc]

JL

Thanks for your technical analysis, it was as always a pleasure to read it.

[CADguy]

sooooo quiet....  http://www.youtube.com/watch?v=crgB4TyzyXM