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Author Topic: [ANN] Blacknet BLN | Staking | Token Platform in Development  (Read 2505295 times)
David Latapie
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March 26, 2014, 11:36:55 AM
 #9841

I got all my blackcoin back and then some (2000 extra BC, to be exact). What worries me much is that blackcoin is losing ground more and more. I plan to buy back at 4000. Should not be long the way he is acting.

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Charloz24
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March 26, 2014, 11:40:09 AM
 #9842

I got all my blackcoin back and then some (2000 extra BC, to be exact). What worries me much is that blackcoin is losing ground more and more. I plan to buy back at 4000. Should not be long the way he is acting.

So it should be a great opportunity then.

Last week 4000 was high.


You guys are too nervous  Wink
darcius
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March 26, 2014, 11:43:41 AM
 #9843

If you guys bought in now, do not panic over any crazy price movement. This coin has an essentially finite supply. I went through the same during PoW week. I held, averaged down, and am now over 100% my average buy price.

And the difference between now and PoW week is you will have hash power to support your investment. In the short-term there will be spikes and dips, but as long as miners continue to mine, inject BTC into the BC market, and hold (at least most of their stash), the BC price can only go up over time thanks to the 1% coin generation rate per year.

Use BC and price movements as a practice to control your emotions. Learn the technique of cost averaging if you must, and of course, only invest what you can afford to lose. But at least you can sleep knowing this idea that you are investing is probably one of the best the ever see the light of day in the crypto market. The community now will actually have some control to the price, as opposed to just being 100% at the mercy of the big whales. Smiley

This shows how ppl dont understand the concept of BC. What most dont realize is that BC cant be dumped like other mineable coins. Once the pool gets started and assuming everything goes as planned, BC at low prices are history. If you sell now, you will hardly ever see these prices again.

Whales can, and will probably still try to flash crash it. But the difference is the community miners are going to be right there picking them right back up! Because what the whales dump, they cannot rebuy with fresh newly generated coins from miners that are mining and dumping non-stop.

Spot on! Worrying about day to day fluctuations will do nothing for you, Blackcoin has the stability built into it that no other coin has (1% inflation on a PoS coin is perfect, multipool resistant, bcmultipools enforcing price stability + growth, 0% premine etc). Just sit on your coins and enjoy the ride, you'll be seeing 10k satoshis in the near future easy. Don't worry about the whales playing with the price on Mintpal right now, they're just trying to manipulate the price for a good buy, but it won't matter in the long run. Goodness knows, I've got better things to do then buy and sell 0.1 orders to myself all night. If you haven't got some blackcoins yourself, now is the perfect time to get in, I'll just be sitting back and watching mine stake.
ManMachine
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March 26, 2014, 11:47:34 AM
 #9844

Quote
Spot on! Worrying about day to day fluctuations will do nothing for you, Blackcoin has the stability built into it that no other coin has (1% inflation on a PoS coin is perfect, multipool resistant, bcmultipools enforcing price stability + growth, 0% premine etc). Just sit on your coins and enjoy the ride, you'll be seeing 10k satoshis in the near future easy. Don't worry about the whales playing with the price on Mintpal right now, they're just trying to manipulate the price for a good buy, but it won't matter in the long run. Goodness knows, I've got better things to do then buy and sell 0.1 orders to myself all night. If you haven't got some blackcoins yourself, now is the perfect time to get in, I'll just be sitting back and watching mine stake.
David Latapie
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March 26, 2014, 11:49:08 AM
 #9845

panic sell  lose money  Grin. Now BC cheap
It will be cheap at 4000 or even 2000. Remember: "cheap" exists in only two contexts:
- stable prices
- afterward ("it was cheap by that time")

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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Fraxinus
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March 26, 2014, 11:50:16 AM
 #9846

Sell now, cry later.

heartastack
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March 26, 2014, 11:52:33 AM
 #9847

Can't the people selling read a basic chart? See the max chart and we're still way above the trend line. This correction is healthy.
ManMachine
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March 26, 2014, 11:53:57 AM
 #9848

Sell now, cry later.

Buy Now,Smile later Cheesy
mellomike
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March 26, 2014, 11:54:51 AM
 #9849

I just gained 2000 BC!!
CatKiwi
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March 26, 2014, 11:54:55 AM
 #9850

Qui Gon Jin once said "There is always a bigger fish" - let's see who else out there wants a piece of the BC Market Manipulator. I bought 20,000 at 6900 against my better judgement just in case.
suchnoob
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March 26, 2014, 11:57:32 AM
 #9851

Sell now, cry later.

Buy Now,Smile later Cheesy

Probably these are some of the guys trying to sell. I'm not saying dump your coins but ffs don't try to pump the price until the dumping is over.
Vlizzjeffrey
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March 26, 2014, 12:01:27 PM
 #9852

Funny to see people encourage others not to sell whilest they are selling themselfs, hipocrytes

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Fraxinus
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March 26, 2014, 12:04:21 PM
 #9853

Funny to see people encourage others not to sell whilest they are selling themselfs, hipocrytes

Why would you sell when the market cap is only 3 mill?
Aur is even now at 80 after the crash.
Its the only worthwile coin out there atm.

Everyone encouraging to sell is just wanting cheap coins, just like the manipulator a few hours ago.
I guess he got what he wanted..

Degolep
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March 26, 2014, 12:05:41 PM
 #9854

http://youtu.be/ySfwW_xSRU4
ManMachine
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March 26, 2014, 12:06:35 PM
 #9855

i dont know what there are talking?  Huh
I buy like a maniac! change nearly every altcoin i have to BC!
XbladeX
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March 26, 2014, 12:11:55 PM
 #9856

Funny to see people encourage others not to sell whilest they are selling themselfs, hipocrytes
Do you want see my wallet untouched  for 2 weeks ?
There are only transfers in ^^
x0rcist
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March 26, 2014, 12:14:06 PM
 #9857

Funny to see people encourage others not to sell whilest they are selling themselfs, hipocrytes

Funny to see people think to get rich in 1 week by holding a coin
MuffinMaster
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March 26, 2014, 12:21:16 PM
 #9858

for every buyer there is a seller wanting to rebuy lower. When all the sellers realize its not going lower they are all going to buy in at the same thing and this will shoot to 15k+

Its going to be very volatile until it reaches a much higher market cap.
IconicExpert
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March 26, 2014, 12:35:42 PM
 #9859

Panicking from day to day fluctuations will not do you any good. Prices will go up and prices will go down. The point of someone pushing the price down is to incite panicking so people will sell low and they can buy cheap coins. What is funny to me is this happens everyday from one coin to another, and still the same people keep falling for the same trick. Then when the price rises again, those same people complain about how they should not have sold their coins.

David Latapie correctly pointed out that when the multipool is running BlackCoin price rises steadily. However, when the pool is down the price goes down a bit. I am starting to wonder if we had 3 or 4 multipools running 24/7 would BlackCoin's price skyrocket. Because with that many pools buying up coins, it would be very easy to wipe out these fake sell walls.
firstflyover
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March 26, 2014, 12:39:44 PM
 #9860

for every buyer there is a seller wanting to rebuy lower. When all the sellers realize its not going lower they are all going to buy in at the same thing and this will shoot to 15k+

Its going to be very volatile until it reaches a much higher market cap.

If people want to know how Strong Blackcoin is. Just go over to ebay and try to buy some...
There are "ZERO" Blackcoins for sale on ebay right now. ZERO! When you can buy every coin under the sun on ebay. Know One Is Selling Blackcoins.
Now, what does that tell you?
Peace!
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