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

[IconicExpert]

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.

I have thought this very same thing. Let's see what happens when we get more multipools.

What can we do to encourage people to start more multipools? Is there a reward system of some sort for all the hard work?

I am not sure what the reward system is. Mellomike would be best to answer this question.

[bitcoin carpenter]

love the market analysis.

new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.

so slow drop to 4500 range until we get more support, or quick jump to 12-15k

50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.

Where are you looking at this prices on which exchange?!
I ask because whenever I go to mintpal to check the prices the price there
never reflect the claims in this thread!

just click on the max button on mintpal then on the 1 week youll see what im looking at, if you only ever look at the 3 hour timeline youll just see the panicking

[freigeist]

love the market analysis.

new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.

so slow drop to 4500 range until we get more support, or quick jump to 12-15k

50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.

Where are you looking at this prices on which exchange?!
I ask because whenever I go to mintpal to check the prices the price there
never reflect the claims in this thread!

just click on the max button on mintpal then on the 1 week youll see what im looking at, if you only ever look at the 3 hour timeline youll just see the panicking

I see now.
Thanks.

Are there any other reliable exchanges where this coin can be traded or
this one is the best one?

[teamlottowin]

You can not look at past trends and make assumptions about the future price ..
This could fall into pieces any moment or hit the moon any moment .. who knows ..

Echoing those that have suggested checking out the MAX view on Mintpal's exchange for some perspective :

https://www.mintpal.com/market/BC/BTC

Here's a screenshot of the current timeline



You'll notice that the curve from March 17th to now is almost an exact scaled-up copy of the curve from March 11th to 17th. Except that it is taking a little longer to adjust back to the lower level.

The high point of each curve is 4 times the level of the start of the curve, and it settles back to halfway between.

So, March 11th we were at around 1000 Sat, minor surge, followed by steep surge up to 4000 sat, followed by an immediate retreat to 2000 sat.

March 17th we were at 2000 sat, minor surge, followed by steep surge up to 8000 sat, followed by a more gradual retreat ( maybe back to 6000 sat, probably not ).

Ist  curve took 6 days, 2nd has taken 8 or 9.

So, I thought it'd fun to see where we might be at in a few months if this pattern repeats.



This implies we might reach 50,000 sat by the end of July. The underlying trend is very steady. It has ( gasp! ) troughs as well as peaks ...

All things being equal. Terms and conditions apply. Etcetera etcetera ....

EDIT ( forgot to mark sats in thousands ! )

[germsite]

You can not look at past trends and make assumptions about the future price ..
This could fall into pieces any moment or hit the moon any moment .. who knows ..

You don't say ... ;] .......... hence my note about 'a bit of fun' and 'All things being equal. Terms and conditions apply. Etcetera etcetera ....'

[hansolo93]

open beta blackcoin pool just started

[kana]

fear fear fear seems like no matter the coin from btc to doge all I hear is fear. Do people really think we can do anything grand with so many people that scurry like rats at the blink of an eye?

[blade87]

You can not look at past trends and make assumptions about the future price ..
This could fall into pieces any moment or hit the moon any moment .. who knows ..

Echoing those that have suggested checking out the MAX view on Mintpal's exchange for some perspective :

https://www.mintpal.com/market/BC/BTC

Here's a screenshot of the current timeline



You'll notice that the curve from March 17th to now is almost an exact scaled-up copy of the curve from March 11th to 17th. Except that it is taking a little longer to adjust back to the lower level.

The high point of each curve is 4 times the level of the start of the curve, and it settles back to halfway between.

So, March 11th we were at around 1000 Sat, minor surge, followed by steep surge up to 4000 sat, followed by an immediate retreat to 2000 sat.

March 17th we were at 2000 sat, minor surge, followed by steep surge up to 8000 sat, followed by a more gradual retreat ( maybe back to 6000 sat, probably not ).

Ist  curve took 6 days, 2nd has taken 8 or 9.

So, I thought it'd fun to see where we might be at in a few months if this pattern repeats.



This implies we might reach 50,000 sat by the end of July. The underlying trend is very steady. It has ( gasp! ) troughs as well as peaks ...

All things being equal. Terms and conditions apply. Etcetera etcetera ....

EDIT ( forgot to mark sats in thousands ! )

You kind of can actually. BC's zoomed out graph looks very similar to... BTC's long-term trend. It's no surprise each movement is taking longer and longer to happen. With that said, smart traders know when to make their buys to set up for the next possible movement.

[PeterPalmBeach]

MintPal down ?

[Echoenigma]

MintPal down ?

Looks like it. Getting 522.

[jacek1973]

getting worse. would not end up like coinmarket

[jamieb81]

MintPal down ?

Looks like it. Getting 522.

down indeed.

hope they don't follow cryptoflush, I just bought some BC today :/

[MuffinMaster]

you people and your immediate jump to the worst possible scenario...

how do you people function?

[jamieb81]

you people and your immediate jump to the worst possible scenario...

how do you people function?

^^^^^ Worrywart

[Sircoss]

you people and your immediate jump to the worst possible scenario...

how do you people function?

+1 LOL

[stormia]

Mintpal is working for me

Edit: I take that back, I can't log into my account...

[jamieb81]

Ahh that was a short issue 

[Spinach]

mintpal is back online

[jamieb81]

and down again lol

[stormia]

mintpal is back online

still getting error 523 on my end