Wow, tons of buzz and a bit of noise over the last several hours. Just wanted to weigh in on a couple things I've seen...
First of all @IconicExpert : I recognize that PR (& SEO for that matter) are an iterative process and not a "magic profit-bomb" like some apparently believe. I respect your contributions and I donated to the cause. I also (as a developer) understand how difficult it is to take criticism on occasion and how lack of sleep can make this much worse. I blame some of that for a bit of the overstatement on other people's part, however you likewise need to shoulder some of that blame (for the same reasons). You can't represent 'assurances' of artificial market
inflation, while subsequently denying any impact of other investors, the multipool(s), the dev himself, and Soepkip's near constant tweeting and 'investor relations work' via IRC, etc. and then call sell volume at an all time high on the only exchange with significant liquidity a conspiracy. Or at least you can't do that and not expect some people to take pause at your motivations - or ego.
You've done well. Enjoy that fact, and enjoy that you've received donations now and will undoubtedly continue to in the future as you continue to generate interest and positive PR for the coin. Also understand that cryptos, as well as investing and the "PR game" are frequently home to hotly contested points of view - not all of which will align with your own.
I am a long time holder of BC, and while not a 'whale' I frequently have what could be considered 'sell walls' in this micro-market, simply for the purpose of taking profits at the top of a faster than normal increase - so I can buy even more BC when the price invariably settles. If I didn't believe in BC at all, I could dump everything and represent a 50+ BTC sell wall - and I'm a tiny fish in reality. Traders trade... it's what we do, and (hopefully) almost always sell for the highest price currently reached and buy for nearly the bottom level of support.
I am always trying to accumulate more BC - so in order to do that I'm certainly not above placing a 'safe' ~300K BC sell wall (temporarily) in order to buy 50-60K BC at a level several hundred satoshis lower. And like I said - I'm small potatoes.
If
real investors buy in to this coin as something other than a savings account (which as even the mighty BTC has proven is suicide for your net worth) - expect to see some real fireworks... because anytime there's a 200BTC buy today... you can bet there will be a 50-100BTC sell happening a day or so later (if not later that same trading period).
This is natural and part of the OTC market - which is essentially what cryptos have become for many investors. So keep your head high, and let much of the criticism slide off your back... it's only likely to get worse as BC builds momentum and more and more people realize that the price of entry has become too expensive for them to profit significantly.
As far as the rest of the conversation - and this is just my opinion - but we really need to curb the amount of denigration directed at other coins... BC is better - far better - so if FUD is presented that directly attacks BC either technically or fundamentally... respond directly and with disputing facts only. If the FUD is
emotional however, just ignore it. Most investors will be unlikely to actually read through much of this, but on the off chance that they consider this thread part of their due diligence... it's better to seem cool and collected (because this equals
confidence) than to seem like children or religious zealots.
And to everyone - especially IconicExpert, Soepkip, Blade87, the BlackCoinPool team, and certainly not least of all rat4 - thank you for all your hard work... and all the work you'll undoubtedly be doing in the future.
Sorry for a wall of 'literary diarrhea' as it might seem... but I just wanted to put this out there as food for (more cautious) thought and rhetoric as many, many more eyes are likely to be upon us in the future. BC is different
and BETTER... let's try to act like we are.
