ThePatient
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March 23, 2014, 07:59:13 PM |
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Is it possible for BC to reach .01 btc?
With time, community, commitment, acceptance etc... YES it can and I think it will. What would that put it's market cap around?
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freshmeat
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Activity: 98
Merit: 10
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March 23, 2014, 07:59:59 PM |
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omfg mega pum on mintpal
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IconicExpert
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March 23, 2014, 08:00:00 PM |
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It is very frustrating to watch people purposely set their sell orders lower than the current sell order price just to undercut someone else. These sellers are just not using common sense. Right now there is HIGH DEMAND for BlackCoin, just look at the 24 hour volume. You do not have to keep lowering your price to fulfill your sell orders! Just set a reasonable price ABOVE the current price and just wait a few minutes. Your sell order WILL go through! We would have been well above 7000 sat by now if it wasn't for some people selling low for no apparent reason.
Remember there are a lot of kids trading too .... even $5 profit is amazing to them. Adults are holding on to their coins. Even selling all my BC for $2000 right now still isn't big to me. I make $2000 in one week at work. I want to sell my BC for $2,000,000 at the minimum. Good point Mellomike. I keep forgetting that kids trade and $30 is a fortune to them. Like you selling right now for a few thousand dollars is not worth it. I rather wait until BC is worth $5+ before I even consider selling a few. I do not have a problem with people selling, it is good for the coin. I just wish people would sell smarter.
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CatKiwi
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March 23, 2014, 08:00:06 PM |
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Market Cap is up to 2,500,000 USD now! Was 1,900,000 when I went to bed 7 hours ago - this is simply outstanding. The multipool is back, demand outnumbers sell order 2 to 1, there are no more coins being mined so no dumping even remotely possible without costing the player a large sum in potential profit - because anyone with enough coins to dump is also smart enough to see we are no where near done rising. Perhaps reassess the situation when we pass Vertcoin, but even then - this is just beautiful Sold Mint, went all in on BC at 3349 and haven't sold a single coin since - and no plan to, even day trading is a risk not worth taking here, you are better off just buying up, sitting back and watching the coins value soar (one of the few markets when there is just not enough evidence for a sustained down trend to justify selling now and buying back 5 or 10% lower.) Happy holding team!
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virtualfaqs
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March 23, 2014, 08:00:32 PM |
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2.5 million. Why's it going up so fast?
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draco71
Member
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Activity: 84
Merit: 10
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March 23, 2014, 08:00:53 PM |
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It is very frustrating to watch people purposely set their sell orders lower than the current sell order price just to undercut someone else. These sellers are just not using common sense. Right now there is HIGH DEMAND for BlackCoin, just look at the 24 hour volume. You do not have to keep lowering your price to fulfill your sell orders! Just set a reasonable price ABOVE the current price and just wait a few minutes. Your sell order WILL go through! We would have been well above 7000 sat by now if it wasn't for some people selling low for no apparent reason.
You say that but the buy walls are very thin. Indeed, the buy walls are thin, but this is happening for days now. Remember, in crypto the behaviors are not settled yet. My translation is that new people discover BC every day and they buy "no matter how much" in order to jump in. They do not even set a buy order. FYI, as we speak it passed 6k sat. I feel nice ... I am way over 150% ROI but this is nothing. Crypto is in infantry phase. It will explode for sure. And I strongly believe that BC (and other PoS coins) will skyrocket because PoS is attractive.
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My heart belongs to RieCoin (RIC), my investments to BlackCoin (BC)
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virtualfaqs
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March 23, 2014, 08:03:14 PM |
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I knew I shouldn't have stopped buying yesterday and gone to sleep! I was buying today but ended up 1% short of my goal.
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mr_random
Legendary
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Activity: 1344
Merit: 1001
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March 23, 2014, 08:04:38 PM |
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This coin is going to be over 10 million dollars market cap easy within a month.
It ticks every box.
Multipool isn't even out of beta yet either.
Best thing - no proof of work coins to be dumped on the market. The only coins that will ever get dumped are by profit takers and as we saw last weekend, Blackcoin will slowly recover and grow to new heights.
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Fraxinus
Legendary
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Activity: 1274
Merit: 1000
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March 23, 2014, 08:07:11 PM |
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Reached 6750 at poloniex, going fast.
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CatKiwi
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March 23, 2014, 08:11:08 PM |
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Oh FFS. STOP SELLING! Jesus, the number of morons trading this coin dumping it now is astounding.
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virtualfaqs
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March 23, 2014, 08:11:19 PM |
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Massive dump. Hit my goals now! Thanks! Edit: Yes!!!! Keepd umping LOL
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IconicExpert
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March 23, 2014, 08:12:15 PM |
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As soon as we hit 6500 on MintPal people started dumping at ridiculous low prices. Now begins the race to the bottom...SMH
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Lokken86
Member
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Activity: 113
Merit: 10
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March 23, 2014, 08:12:29 PM |
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Failure in engine staff!
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Charloz24
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March 23, 2014, 08:14:22 PM |
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yes! this mean buy opportunity EDIT: WTF was 4900, then 5800 30 sec later...
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btcprice
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March 23, 2014, 08:14:29 PM |
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Massive dump. Hit my goals now! Thanks! Edit: Yes!!!! Keepd umping LOL Just like what happened back on March 16th. I'm somewhat relieved. Now (hopefully) we can continue to go upward and onward gradually again. Edit: I spoke too soon. I saw 4960 sat on MintPal thinking the dump was in place. After I hit "Post" I look at the price again and it's at 6k sat.
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Fraxinus
Legendary
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Activity: 1274
Merit: 1000
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March 23, 2014, 08:14:59 PM |
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Rolleroaster Amazing how fast we got back up, there is really a high demand.
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CatKiwi
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March 23, 2014, 08:15:19 PM |
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As soon as we hit 6500 on MintPal people started dumping at ridiculous low prices. Now begins the race to the bottom...SMH
Yep, I'm glad they are dispossessed of their coins - into the hands of, hopefully, those also possessing a brain.
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mr_random
Legendary
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Activity: 1344
Merit: 1001
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March 23, 2014, 08:17:10 PM |
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As soon as we hit 6500 on MintPal people started dumping at ridiculous low prices. Now begins the race to the bottom...SMH
Yep, I'm glad they are dispossessed of their coins - into the hands of, hopefully, those also possessing a brain. We've seen this before. When price rises a bit too quickly, profit takers rush in and start dumping to realise their profit. I expect 5000 to be the new floor now and by next weekend we will be testing 10000
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virtualfaqs
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March 23, 2014, 08:18:13 PM |
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That dump saved me at least 6 hours of trying not to move the market with little buys. Thanks! Now I can enjoy my Sunday.
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Lokken86
Member
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Activity: 113
Merit: 10
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March 23, 2014, 08:18:26 PM |
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I missed that chance to get 20% more coins. Dam woman!
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